STAFF NEWS & ANALYSIS
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July 10, 2012
Reuters and the Associated Press are the two main newswires from which so many of the bought-and-paid-for media get their copy. It is hard to say which one is worse but marginally it is probably Reuters – as this article excerpted above proves once again. In ...
July 10, 2012
We read this article on Paul Williams with considerable fascination. He's never been a favorite songwriter of ours, this famous, tiny songwriter (a little over five feet tall) who seems to have a schmaltz button where his heart should be. But there is no denyin ...
July 10, 2012
This is a fictional story showing how the last vestiges of the republic, your personal wealth and gold could disappear in 24 hours. "The illusion of freedom will continue as long as it's profitable to continue the illusion. At the point where the illusion becom ...
July 10, 2012
Last week my subcommittee held a hearing on fractional reserve banking and the moral hazard created by government (taxpayer) insured deposits. Fractional reserve banking is the practice by which banks accept deposits but only keep a fraction of those deposits o ...
July 09, 2012
Some days the UK Telegraph just provides us with an enormous amount of fodder and this is one of those days. Let's take a look at this article excerpted above and see where it departs from reality – as we see it anyway ... It is by Roger Bootle, a UK Telegrap ...
July 09, 2012
The head of the Labour Party is going green, as in "Greenbacker." One of the planks of the US Greenbacker movement, from what we can tell, is an investment bank. And now Ed Miliband is on board. In fact, the Labour Party has just issued a big white paper entitl ...
July 09, 2012
There was a movie with this title some time ago, starring Richard Dreyfuss, that had to do with whether a person has the right to end his or her own life. If one has a right to one's life, that choice is surely one's own. Having rights has to do with freedom or ...
July 08, 2012
The Daily Bell is pleased to present this exclusive interview with Richard Ebeling. Introduction: Dr. Richard Ebeling is a senior fellow at the American Institute for Economic Research in Great Barrington, Massachusetts, and professor of economics at Northwood ...
July 07, 2012
Because of the Internet's success, numerous attempts have been made to weaken it and make it less of a problem for the power elite that it is inconveniencing and exposing. We call the process the Internet Reformation and we're creating a society to formalize su ...
July 06, 2012
There is a sub-meme bubbling up from Washington DC concerning Hillary Clinton and the terrific manner in which she has conducted the business of the State Department during her tenure there as Secretary of State. We've noticed a pickup in mainstream media effus ...
July 06, 2012
This article announcing his ambition actually appeared in June. It was ostensibly triggered by a news assignment that saw the 67-year-old moving in with a "pensioner" and visiting a "care home for dementia patients" for a BBC series. Of course, we're not surpri ...
July 06, 2012
When you think of what you do in your life, how do you think of yourself? If you think thoughts such as, "I'm intelligent," or "I'm talented," or "I'm a failure," you're thinking of yourself in terms of traits. Traits are fixed qualities that do not change much ...
July 05, 2012
We've written two articles about the LIBOR scandal and yet we haven't had a bit of impact! How surprising is that? Well ... not very surprising. Nor are we surprised. The Internet Reformation is not based on individual revelations. It is a process not an episod ...
July 05, 2012
Another farcical story from the Kingdom of Farce that has resolved itself gradually into a magazine called Rolling Stone. Is it well written? Sure. Is it moving, even heart-wrenching? Absolutely. Then, you may ask, why is it farcical? Because it does what media ...
July 05, 2012
A frequent though quite unjustified charge against free markets is that they encourage what Karl Marx called the cash nexus or, as it is also put, commodification, treating people as items for sale. The claim is that when people engage in commerce, they are har ...
July 04, 2012
It is ironic that as Germany's public banking sector continues its realignment (see above excerpt), various forms of public banking become more popular on the English-speaking Internet. What most do not realize about the argument that paper money can provide th ...
July 04, 2012
The Daily Bell just had two of our biggest days ever but you wouldn't know it from Alexa, the Internet decider of record that is truly a nutty facility. Last month we received 17 million hits, down from our record of 24 million earlier in the year, but that's b ...
July 04, 2012
The Declaration of Independence, signed by members of the Continental Congress on July 4, 1776, is the founding document of the American experiment in free government. What is too often forgotten is that what the Founding Fathers argued against in the Declarati ...
July 03, 2012
Funny, you would think that private enterprise makes money, but not according to the International Monetary Fund and Christine Lagarde. Lagarde wants the US government to do more. This is an evident and obvious dominant social theme of the power elite for whom ...
July 03, 2012
We've written a number of articles about the electric universe because it's such an elegant theory and because the theory of gravitational physics keeps collapsing, in our view. Yes, while it surely is collapsing under its own weight and complexity, that doesn' ...
July 03, 2012
Last week supporters of Federal Reserve transparency had a major victory when the House Committee on Government Oversight and Reform passed my Audit the Fed bill, HR 459 unanimously with all major audit provisions intact. This clears the way for a House floor v ...
July 02, 2012
The Barclays scandal grows worse and worse. So here's a question: If you asked the average man on the street what the fuss was about, what answer would you get? And if you told him the LIBOR rate was subjective anyway, what would be the response? And that Barcl ...
July 02, 2012
The bankers are up to no good. This is a fact and the poll referred to above is further evidence of it. Eventually, laws must be changed and hearings must be held to ensure that the financial industry is made as transparent and honest as every other part of Wes ...
July 02, 2012
For some people the Fourth of July is the most important holiday in America. Sadly, not for all, especially not just now when most of the leadership of the country has made it clear that principles do not matter. What matters is what is expedient or practical, ...
July 01, 2012
The Daily Bell is pleased to present this exclusive interview with Angela Keaton. Introduction: Angela Keaton is the Director of Operations at Antiwar.com. She is currently chairman of the board for the Ladies of Liberty Alliance (LOLA) and national secretary f ...
June 30, 2012
Sometimes you find yourself in a quiet place and ask yourself questions. Here are some of mine. What if someone set up a society that would first and foremost offer a path to promote self-reliance strategies and positive expectations about life and living? What ...
June 29, 2012
Jim Rogers's analysis of the "deal" that has been reached by top EU "policymakers" (excerpted above) is probably accurate. Apparently, EU leaders will now be able to lend to banks without further degrading their various countries' credit status. But why filling ...
June 29, 2012
With the Supreme Court's decision to validate major parts of "Obamacare," the paradigm of Western medicine is more firmly enshrined than ever, and thus the behavior of its component parts is even more important. What has happened under the current system is tha ...
June 28, 2012
Free-Market Analysis: So Barclay's resides at the "heart of darkness" which is LIBOR – various rates at which banks and the rest of can borrow. Something isn't quite right about this. Bloomberg is busy setting up QIBOR in Qatar, and the putative explanation i ...
June 28, 2012
Stephen Leeb is worried about the state of the world and has piled all his hopes on some sociopaths meeting today and tomorrow in Brussels. We use the word "sociopath" only to point up the lunatic determination it takes to claw oneself into a position of power ...
June 28, 2012
We are amidst an economic phase of volatility and sequential recessions followed by quasi-recoveries. We have titled this overall economic scenario a "Reflationary Debt Trap." I expect this scenario to hold for the coming months. In my view, European leaders wi ...
June 28, 2012
A few weeks ago I wrote in one of my columns as follows: "...[T]he discussion of President Obama's federal policy requiring that everyone obtain health insurance has frequently focused on the fact that either an employer or individual would be forced to obtain ...
June 27, 2012
This article asserts something that we have written about a good deal from the aspect of the European political economy. In fact, we recently quoted the UK Telegraph on the political evolution of the EU and the euro. Turns out it was both malignant and creepy. ...
June 27, 2012
Our raving friend is back. He's the nutter with the obsession about Greenbacks and the CIA. We've already reported rebuttals to the idea that US progenitors of "Greenbackerism" and other paper money strategies have links to US intel, but on he goes ... calling ...
June 27, 2012
Those of us over about age 30 can remember the days before America was (at least less of) a Nanny State. Some friends of ours just got back from a mission trip to Tijuana, Mexico. They brought their kids to a park there to play, and saw all the equipment that i ...
June 26, 2012
Every day we slap our (admittedly low-slung) brows and let out whistles of amazement. The latest reason: It seems the world's oldest private bank is in need of a government loan. Once upon a time all banks were private, even the ones that belonged to the ruler. ...
June 26, 2012
This is an article (along with a video) that reports on former Secretary of State Condoleeza Rice's determination not to be the vice presidential candidate for the Mitt Romney GOP campaign. But halfway through the article, the text takes a really weird turn tow ...
June 26, 2012
Michael Stafford has decided to leave the GOP, and his article has attracted attention by no less than David Frum of the Daily Beast who chronicled Stafford's leave-taking by quoting a good bit of Stafford's article and posting it at the Beast. Frum didn't add ...
June 26, 2012
Nick Cohen over at the leftist UK Observer is declaiming against political paranoia. The putative target is Julian Assange of WikiLeaks fame but the dissertation is far wider than that and basically damns paranoia generally as a response to what is taking place ...
June 26, 2012
This week the Supreme Court is expected to issue its long-awaited decision regarding the constitutionality of the "Obamacare" law. I recently discussed absurd legal arguments by Obamacare advocates that Congress can compel the purchase of health insurance, and ...
June 25, 2012
40 million houses too many ... one explanation for falling prices ... This article originally appeared in early February but is still being picked up around the web – and it certainly provides us with a shocking observation. In fact, it is worth commenting on ...
June 25, 2012
All the dirty laundry is being aired now. This UK Telegraph article explains it succinctly in the above excerpt. As we've pointed out in the past, the EU exercise, especially the euro, was an exercise in cynicism. The idea was to implement a currency union, whi ...
June 25, 2012
This is a pretty incredible observation – that British politicians have no idea how they are going to attain the "goals" they voted for regarding the removal of carbon dioxide from the atmosphere. This ludicrous assertion will surely go down as a case of mass ...
June 25, 2012
I have been reading into Herbert Croly's The Promise of American Life (1909). Croly was the founder of The New Republic, which has remained a foremost middle way publication on the American political scene, a champion of the welfare state, of a half way between ...
June 24, 2012
Today I would never want to raise a family or manage a new company inside the US. There is too much terrorist and foreign policy risk, political risk, dollar risk, regulatory risk, crime and out-of-control federal agencies. What's left of the Constitution and B ...
June 23, 2012
Thank you, O mighty State, for protecting us ... Thank you, O mighty Central Bankers, for continuing to create piles of monopoly money to fuel the State's efforts ... And special thanks also to the major media conglomerates who continue to assist their readers ...
June 22, 2012
So ... the "big four" – Merkel, Monti, Rajoy and Hollande – are meeting in Rome today. Reuters, a bought-and-paid-for media facility of the power elite, will be present to report on the scene and to remind us that our world depends on these four individuals ...
June 22, 2012
This is a most interesting article posted at the alternative website American Dream. While its main conclusion is one of anger – even despair – over US government interference in the lives of peaceful US citizens who want to become more resource independent ...
June 21, 2012
It makes one want to throw up his hands and cradle his aching head. Here is Professor DeLong, who once served as a Clinton-era deputy assistant secretary of the treasury for economic policy, writing an entirely nonsensical editorial. The only hopeful sign is th ...
June 21, 2012
This is a great article that Susanne Posel has written over at the Activist Post website. It's really an analysis of the potential failure of one of the power elite's main dominant social theme, global warming. As you can see from the excerpt above, a noted Gre ...
