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Free Markets Need a Spiritual Dimension
June 13, 2010
Thanks to the Internet, one could argue, we are witnessing the beginning of the next great Renaissance/Reformation, free-market era. It is one that may prove even more powerful than the one unleashed by the Gutenberg press and agents such as Luther. Nonetheless ...
What You Always Wanted to Know About Gold
June 12, 2010
To say that the gold standard is not practicable is the same to say that honesty is not practicable, and Constitutions are made to be blithely ignored when convenient. The American Constitution, for example, mandates a metallic monetary standard for the United ...
Democracy vs. Liberty
June 12, 2010
Professor Benjamin Barber, author of the book Strong Democracy (1984), was recently a guest on John Stossel's FOX Business News Network program honoring the memory and ideas of Milton Friedman who wrote the world famous book Free to Choose (1980) and has been f ...
Deflation as a Scare Tactic
June 11, 2010
We've now explored the inflation versus price deflation argument in depth in two articles – and arrived at the conclusion that modern fiat-money economies are more likely to tip toward price inflation than price deflation, at least eventually. In fact, this a ...
Will Afghan Police Save the West?
June 11, 2010
We want to return to the topic of the Afghan war because the end-game is becoming more apparent – and we want to present both the scenario and its consequences. To be clear, we were always skeptical of the military surge planned for Afghanistan. We never beli ...
Nasty Effects of Egalitarianism
June 11, 2010
Ideas do have consequences. You come to believe that you are invincible, you will take risks more readily. You believe government will bail you out, cover your debts up to a certain amount, you will borrow more (indeed, your financial advisor will tell you you ...
Deflation Is Good
June 10, 2010
We wrote an article about inflation and price inflation recently and came down on the side of inflation (both price and monetary) - in the long term anyway. This article on Rick Ackerman's blog seems to be getting a lot of attention and comes to the opposite co ...
When to Bomb Iran?
June 10, 2010
Sanctions alone will probably not restrain Iran's nuclear program nor its inevitable march toward a nuclear weapon. Iran's leaders have made a deal with Turkey and Brazil that will considerably vitiate any sanctions that are placed against that country. Additio ...
US Best for Growth – Say What?
June 09, 2010
We had to look at this article twice, because the first time we didn't quite believe it. From our perspective, the US economy is not in great shape. Also from our perspective (and we've been writing about this for nearly a decade now) gold and silver investment ...
False Meme of Anarchy?
June 09, 2010
Anthony Fry made headlines throughout the blog-o-sphere with his dramatic comments about buying barbed wire and guns as the West's economic environment continues to erode. The hysteria swirled about various electronic pages and the terror evinced by the more pa ...
A Mother's Politics
June 09, 2010
In his heartfelt eulogy for his mother, Jean Biden, Vice President Joe Biden quoted some words from her, very approvingly. These included the idea that "Everyone is your equal, and everyone is equal to you." Furthermore, in his autobiography the vice president ...
Britain to See Inflation Risk?
June 08, 2010
The world is in a jam because its biggest economic brains don't know where money is headed. Is the paper money in your pocket, dear reader, going to be worth less or more ... tomorrow. This article in Telegraph tells us that more economists believe that money i ...
US Tax Collapse Coming?
June 08, 2010
One of the miracles of the years of former President Ronald Reagan was the boost the American economy received from tax cuts. And one of the prominent advisors to Ronald Reagan and his "kitchen cabinet" was Arthur Laffer, the developer of the Laffer Curve. This ...
Why Governments Hate Gold
June 08, 2010
This past week several emerging and ongoing crises took attention away from the ongoing sovereign debt problems in Greece. The bailouts are merely kicking the can down the road and making things worse for taxpaying citizens, here and abroad. Greece is unfortuna ...
The Foundations of a Free Society
June 08, 2010
Some years ago, shortly before the collapse of the Soviet Empire, I was an invited speaker at a conference of company CEOs and presidents in Acapulco, Mexico. Another of the speakers was Gennady Gerasimov, who you may remember was Gorbachev's spokesperson to th ...
Mainstream Media Predicts Euro Death
June 07, 2010
We were surprised by this article in the UK Telegraph because we have come to believe that the power elite that is responsible for the Western world's dominant social themes tries to "keep a lid on" contrarian perspectives as long as possible. From our humble p ...
NASA vs. the Sun
June 07, 2010
Once upon a time, this might have been a frightening prediction. But there are so many of them these days. Here at the Bell we call them dominant social themes. They are, in our opinion, (in many cases, anyway) actually fear-based promotions generated by a powe ...
Equality vs. Diversity
June 07, 2010
For the last couple or so decades the universities and colleges where I have taught - and by all accounts, most of them in the USA - have had two mutually exclusive social objectives. (Yes, Virginia, higher education is now mostly embarked upon pursuing social ...
Judge Andrew Napolitano on Chaotic Courts and Unconstitutional Justice in the United States
June 06, 2010
The Daily Bell is pleased to present an exclusive interview with Judge Andrew P. Napolitano. Judge Napolitano joined FOX News Channel (FNC) in January 1998 and currently serves as the senior judicial analyst. He provides legal analysis on both FNC and FOX Busin ...
U.S. Still World's Policeman
June 05, 2010
This is an astonishing and forceful statement by Max Boot, "the Jeane J. Kirkpatrick senior fellow for national security studies at the Council on Foreign Relations and a contributing editor to Opinion," according to the brief LA Times bio at the bottom of the ...
Prof. Krugman Is Wrong Again
June 05, 2010
While Prof. Krugman and most other fiscalists believe this to be self-evident, it is not. Indeed, this fiscalist dogma fails to withstand the indignity of empirical verification. Prof. Paul Krugman's formulation fails to mention the state of confidence. This is ...
What Do We Cherish as Americans?
June 05, 2010
In a recent talk, responding to the Arizona law that's said to be aimed at containing illegal immigration, President Barrack Obama stated that this piece of legislation "threatens to undermine basic notions of fairness that we cherish as Americans...." I am not ...
Buffett Warns of Municipal Debt Meltdown
June 04, 2010
The issue of over-spending by US municipalities has been evident for a long time but has also been overshadowed the European sovereign crisis. But in a sense both crises are similar in that participants overspent and were supported in doing so by the larger sec ...
Chaos of the Bilderbergers?
June 04, 2010
The Bilderberg group is meeting in Spain and unlike other years there has been relatively speaking a good deal of coverage of the meeting. We have already speculated that the reason has to do with the alternative 'Net press's relentless scrutiny. Thus, for the ...
Ignorance vs. Intervention
June 04, 2010
Some of the most prominent and influential defenders of the regime of individual liberty, such as F. A. Hayek, Milton Friedman, Richard Epstein, Don Boudreaux and others, have argued that the main reason adult men and women must be left free from others' interf ...
A New Euro to Save the Old One?
June 03, 2010
We never understood how the EU would work over the long term. The tribes of Europe gladly took their profits, but how can you make the argument that people should put up with years of "austerity" for the sake of a concept only a banker could love. Pan European ...
Israel Faces Off With Iran
June 03, 2010
The unfolding and unending saga of Israel versus Gaza flotilla has ended up, unsurprisingly as an Israel versus Iran scenario. And that's too bad. When the fluid situation in the Middle East is hardened into a confrontation between Israel (a tiny nation) and Ir ...
US Economic Recovery of Lies
June 02, 2010
The trouble with economic reporting in the West is that it simply does not tell the truth. This AP story is a good example. Its main point is that the American "recovery" is not going to be strong enough to provide enough jobs for the 15.3 million unemployed. N ...
Taking Aim at Iran
June 02, 2010
A recent article of ours about "evil Jews" caused a bit of a stir. We were roasted for referring to Jews as evil (even ironically) and we also were hit on the other side by those who were upset that we didn't come right out and admit that Israel generally and t ...
Put Patients and Doctors Back in Control of Healthcare
June 02, 2010
Most everyone agrees that health care in the United States has major problems, the biggest problems relating to skyrocketing costs. No one doubts the system is in need of reform. However, too many in Washington see tighter government controls as the solution. I ...
China Blows Up?
June 01, 2010
When we first predicted the overheating of the Chinese economy early last year, we could hardly find a word about it. Nonetheless, it was clear to us that no economy grows at 10-percent per quarter normally - year-in and year-out - without some very strong mone ...
US Diverts Flight to Capture 'Muslim'
June 01, 2010
There are many ways of promoting an elite dominant social theme. In the case of the myriad major memes and minor themes that the Anglo-American elite inflicts on long-suffering Western citizens, there are verbal and written promotions, and then there are promot ...
Tea Party Versus ACORN, etc.
June 01, 2010
It is one thing to be against the ideas of some organization, quite another to be against organizing itself. Why would organizing be proper and commendable for Leftist causes but not for those of the Right? The Tea Party isn't some criminal gang burning down bu ...
EU Spins Out of Control
May 31, 2010
What a mess. As can be seen by the article excerpt above, the European Union threatens to come apart at the seams. The debt "contagion" is obviously not stopping, nor can it, given the monstrous overhang that is now being presented to world markets. Spain has b ...
Aliens, the Next Fear-Based Meme?
May 31, 2010
At this point, we would put nothing past the power elite when it comes to fear-based promotions. The global warming promotion was amazingly audacious, and we have no illusion that the elite has ceased to flog it. While we haven't dealt with it specifically in t ...
Rights May Never Be In Conflict
May 31, 2010
If rights were no more that fancy ways of expressing preferences – in short, if morality and politics could only produce emotional expressions-there would be no doubt about the possibility of conflict between rights. Those who embrace the emotivism of the lik ...
Dr. Andrew Wakefield on the Autism/Vaccine Controversy and His Ongoing Professional Persecution
May 30, 2010
The Daily Bell is pleased to present an exclusive interview with Dr. Andrew Wakefield, MB, BS, FRCS, FRCPath, an academic gastroenterologist. He received his medical degree from St. Mary's Hospital Medical School (part of the University of London) in 1981, one ...
Canada Creates Own SEC
May 29, 2010
Here is what Canada's industrialist and regulators ought to keep in mind. There are plenty of places to mine in the world and plenty of well-capitalized entrepreneurs outside of Canada. Regardless of the reasons for the current SEC legislation, we would have to ...
The Ron Paul Story
May 29, 2010
While we usually focus on the dominant social these of the elite, we wanted to take the time over this weekend to comment on the Paul clan and how it has been shaking up the political establishment. We are aware of the reports circulating that Ron Paul is part ...
Euro Crisis to Set One World Currency?
May 28, 2010
As the money crisis seems to grow worse in Europe, we have begun to wonder if there are parallels to the 1907 financial panic in the United States that gave rise to the Federal Reserve. The dominant social theme way back then (assuming an active power elite, an ...
SEC to Rule All Trades All the Time
May 28, 2010
So it has come to this. In America, anyway, and surely in Europe too, regulatory authorities wish to be empowered to look at every click, every number, every trading strategy of ANYONE in order to detect fraud and make sure that markets are fair, open and trans ...
Are Kids Altruists?
May 28, 2010
I will not address whether babies have a sense of right versus wrong, only the way this matter was reportedly tested by the researchers who investigated it. Paul Bloom and his wife, Karen Wynn, of the Infant Cognitive Center at Yale University, conducted studie ...
Money Supply Plunging Toward Depression?
May 27, 2010
The talk in the United States, especially, and Britain, too, is one of recovery. Even in Europe, we noted recently, there are digital maps available that show much of the Eurozone is coming out of "recession" and various indicators are turning positive. We have ...
Vanunu Jailed by Evil Jews?
May 27, 2010
We are not much impressed by Israeli justice when it comes Mordechai Vanunu who has paid with a good deal of his life for apparently exposing Israel's nuclear arsenal. Presumably his persecution is supposed to be a warning to others not to tell Western media ab ...
Copycat Republicans Seek Answers
May 26, 2010
We are more apt to consider these twin initiatives to be promotions rather than serious efforts to address serious Western dilemmas. Yet even their existence, no matter the outcome, indicates that the elites are well aware of the rising level of discontent in t ...
US Wavers on Afghan War?
May 26, 2010
Those focused on protecting and building their investments, should follow the manipulations of the power elite and their themes closely in an attempt to figure out what may occur next. There is no surety in terms of a correct interpretation, but by tracking the ...
Who Is Free to Discriminate?
May 26, 2010
Everyone who is awake discriminates – it is what people do with their minds, it's the way they know the world, more or less well. The kind of discrimination that's objectionable is when people use irrelevant attributes of others to classify them – like thei ...
Europe Braces for Chaos
May 25, 2010
For several years now, we've been covering the power elite's dominant social theme as regards the European Union. And what is that? It seems to be ... "Only regional and even global governance can prevent another world war (or at least pan-European war) from ha ...
Desperation of the US Republican Elite
May 25, 2010
So many of the fundamental processes put in place by the power elite and sustained by a vast matrix of educational, media, military and civilian authorities are foundering that it is difficult to know exactly what is going to happen next. But we will predict th ...
More Blank Checks to the Military Industrial Complex
May 25, 2010
Congress, with its insatiable appetite for spending, is set to pass yet another "supplemental" appropriations bill in the next two weeks. So-called supplemental bills allow Congress to spend beyond even the 13 annual appropriations bills that fund the federal g ...
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