EDITORIAL
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August 26, 2011
Will AI (Artificial Intelligence) or SAI (Strong AI, a.k.a. Superintelligent AI) someday become autonomous (have free will), and if so how will this affect the Human race? Those interested in sci-fi have already asked themselves these questions a million times ...
August 25, 2011
Staff Report: Slim Increases His Stake in NY Times. NYPD CIA Anti-Terror Operations Conducted In Secret For Years. France and Partners Prepare New Libya U.N. Resolution. Fools Gold: Some Gold Bulls Say Now's Time to Cash In. ...
August 25, 2011
Picking up where they left off in 2008, the media is in the midst of a campaign to ignore and undermine the presidential candidacy of Ron Paul (they gave me even rougher treatment during my 2010 Senate run). Political pundits just do not know what to do with a ...
August 24, 2011
Staff Reports: 'Very Muted Growth' Coming for Next 10 Years: Faber. New Home Sales Fall, 2011 Could Be the Worst Year Yet. Head of S&P Rating Agency Steps Down. Obama in Close Race Against Romney, Perry, Bachmann, Paul. ...
August 24, 2011
The US, as was to be expected, raised their debt ceiling once again. It was done without meaningful cuts in spending or tax increases. Subsequently, Standard & Poor's downgraded America's credit rating. The double dip recession in America is now official, with ...
August 24, 2011
This quote establishes the fundamental premise upon which all leftist revolutions and totalitarian regimes have rested their moral authority. That principle is the virtue of selflessness. Now, in everyday use the term "selfless" refers to an act of supreme kind ...
August 23, 2011
Staff Reports: Wall Street Aristocracy Got $1.2 Trillion from the FED. Bernanke May Have to Go for 'Shock and Awe'. Biden: China's U.S. Assets Are Safe Despite Downgrade. ...
August 23, 2011
Recent incidents of violence in Norway and London have made us understandably uncomfortable here at home, as many fear that a worsening economy will lead to violence and unrest in American cities. This is why Congress must view the economy as its first priority ...
August 23, 2011
The basic unwillingness of politicians to face economic and financial realities has caused the United States and European Union to face currency collapse. The politicians are content literally to paper over the problem with massive amounts of newly printed curr ...
August 22, 2011
9/11: al-Qaeda Didn't Act Alone. Zero Hour For Gaddafi. Nations Race to Defuse Crisis Between Egypt and Israel. Trouble in Paradise – Strength of Swiss Franc Roils Saint-Tropez and Other Cities Across Europe. ...
August 22, 2011
I am baffled by how critics of some Tea Party stars engage in rank hypocrisy. For example, they – such as many commentators on CNN-TV – have been claiming to be utterly shocked with former Texas Governor Perry's polemical answers to interviewers. He said, a ...
August 21, 2011
Exclusive Interview: Daily Bell: Do you think that the US debt is unsustainable and that entitlement spending needs to be slashed? Juan Williams: It needs to be cut. I don't know about slashed, but it needs to be done in a compassionate and sensible way. The qu ...
August 20, 2011
All week long we have been witnessing a breakdown in global markets, or perhaps better stated – general public confidence. Gee, why would that be, we wonder? Why is it that the general public is not so easily convinced that all will be okay? Where is the usua ...
August 19, 2011
Staff Reports: U.S. and Allies Say Syria Leader Must Step Down. A Shaken Europe Looks for Bolder Fixes. Gold Jumps to Record in Longest Rally Since 2007. ...
August 19, 2011
Twenty years ago, on August 22, 1991, I stood amid a vast cheering crowd of tens of thousands of people outside the Russian parliament building in Moscow, the capital of the Soviet Union. They were celebrating the failure by diehard Soviet leaders to undertake ...
August 18, 2011
Whoa! Hold the US dollar horses, folks... the global reserve currency game just got a whole lot more interesting. There is, in our humble opinion, a whole lot more to this story than just the repatriation of gold being held at foreign central and commercial ban ...
August 18, 2011
Staff Reports: Perry Says He Doesn't Believe in Global Warming. Obama's Dilemma: Should He Take a Vacation Now? Price-Gougers Hike Costs of Vital Drugs During Shortage. ...
August 18, 2011
Individualism and self-esteem predispose one to benevolence. Why? Benevolence raises one's spirits. Benevolence promotes more harmonious relations. It helps create a superior, more life-serving social environment. Would you rather live in a society whose member ...
August 17, 2011
Staff Reports: AT&T Purchase of T-Mobile May Spur Regulation. In Rick Perry's World Without a Fed, He Can Barter for U.S. Votes. Asia Inflation May Rise With Thai Rice Price. ...
August 16, 2011
Today the sovereign debt and dollar crisis, plus rising energy and gold prices, are combining with Colombia's growing reputation for tourism, real estate investing and retirement to create an investment potential long delayed by past decades of civil unrest. Ma ...
August 16, 2011
Staff Reports: Despite Bachmann's Success, the Real GOP Race Is Now Perry vs. Romney. Iowa Straw Poll Damages Republican Prospects: Margaret Carlson. Addiction Now Defined As Brain Disorder, Not Behavior Issue. ...
August 16, 2011
Politicians did not get much time to pat themselves on the back for supposedly rescuing the economy with the debt limit deal last week. The ink was barely dry when Standard & Poor's downgraded the US debt ratings anyway, roiling world financial markets. Anyone ...
August 16, 2011
The New Republic editorialized recently about the current economic mess and it is worth quoting because the central passage is largely non-hyperbolic, non-polemical: "The classic response to [our current economic] situation, put forth by John Maynard Keynes in ...
August 16, 2011
This week's wild actions on Wall Street should serve as a stark reminder that few investors have any clue as to what is really going on beneath the surface of America's troubled economy. But this week did bring startling clarity on at least one front. In its Au ...
August 16, 2011
The other day, my wife and I were having lunch, and an acquaintance from our kid's school came by. The first words out of her mouth were: "How unusual, a husband and wife actually sitting together and talking with each other." The next day, talking with some pa ...
August 15, 2011
Staff Reports: SEC Investigating S&P's Downgrade of U.S. Debt. Robert Zoellick: Global Markets Face a New 'Danger Zone'. Syria Unrest: 'Deadly Military Attack' on Latakia Port. Starved State Budgets Inspire New Look at Web Gambling. ...
August 15, 2011
Anytime I mention to someone from the Left that I consider the scope of government way beyond justice and prudence, I am likely to be told that it is big corporations that make this necessary.And, furthermore, they contend, I couldn't really favor liberty for a ...
August 15, 2011
The more I peruse the current public discourse about the application of the Fourteenth Amendment to the present quandary of public debt that confronts this country, the more I am convinced of the wisdom of the observation of the ancients that "Against human stu ...
August 14, 2011
Daily Bell: Please tell us about your idea for a gold franc. Thomas Jacob: Gladly. The idea is the result of my interest in free market economics and especially my conviction that a commodity money is the most effective way to curb government involvement in t ...
August 13, 2011
Following the recent FreedomFest conference held in Las Vegas, Nevada, The Daily Bell had an informal discussion with two of the free-market world's more prominent figures, Rick Rule and Richard Maybury. Both men have been relentless in their efforts to educate ...
August 13, 2011
Ok, so I'll give him this: finally Dr. Paul Krugman put forth something akin to an argument instead of merely demonizing those with whom he disagrees! (See his column, The Hijacked Crisis, The New York Times, August 11, 2011.) The argument, however, is an analo ...
August 12, 2011
Staff reports: Four European Nations Ban Shorters as Markets Bounce Back. Paul Krugman: The Hijacked Crisis. C.I.A. is Disputed on Civilian Toll in Drone Strikes. ...
August 12, 2011
College freshman year abnormal psychology, at least as I remember it from some 30 years ago, can be something of a dark and frightening experience. In it the students are exposed to the variety of mental troubles that we have come to understand through modern d ...
August 12, 2011
In his essay "The Tea Party Jacobins," with its hyperbolic and besmirching title, Mark Lilla, whose The Reckless Minds: Intellectuals in Politics I once favorably reviewed, advances the notion that the Tea Party's "libertarian irruptions ... [attracted] individ ...
August 11, 2011
This Bloomberg article is just another in a long line of disappointing mainstream financial reports that does nothing to address the real issues causing the crisis and, in fact, does everything to try to misinform the public into believing that the experts have ...
August 11, 2011
Staff Reports: London Riots: David Cameron Approves Water Cannon. Tripoli Says NATO Strike Kills Dozens of Civilians. A Credit Rater that Overreacted and Overreached. ...
August 11, 2011
There is an eerie disconnect involved with analyzing the frightening financial and economic consequences of the ongoing 2011 Sovereign Debt and Equity Market Crash while sailing around the Greek Islands. But taking a look at Greek history clearly shows some par ...
August 10, 2011
Staff Reports: End in Sight for Housing Slump? Reid Taps Sen. Murray to Co-Chair Debt Committee. Tough Decisions Ahead to Get AAA Rating Back. ...
August 10, 2011
The trigger that apparently caused the market meltdown was the ever-so-slight suggestion from Standard & Poor's that the US government's fiscal health might not be all that it is cracked up to be. This was not a case of the little boy noting the emperor has no ...
August 10, 2011
What causes poverty and hardship? Is it scarcity – not enough stuff to go around? Or is it a result of violence and enslavement of one class of people by another? Your answer to this question will fundamentally determine whether your political allegiance is w ...
August 09, 2011
Staff reports: Amid Near-Meltdown in Monday Stock Markets, Advisers Urge Investors to Stay the Course. Cheating Report Confirms Teacher's Suspicions. Danger in the Lunch Bag. NASA Awards for Bright Ideas. ...
August 09, 2011
The Super Congress created by the recent debt ceiling increase deal is a typical example of something nefarious attached to a bigger bill that is rushed through Congress without giving Members ample opportunity to consider the full ramifications. This commissio ...
August 08, 2011
Staff Reports: S&P Downgrades US Credit Rating to AA-Plus. Asian Markets Slip On U.S. Credit Downgrade. China Blasts U.S. Debt Problems, Urges New Global Reserve Currency. ECB Says Will "Actively Implement" Bond-Buying. ...
August 08, 2011
In my view, the current downturn in the market is connected with the continuing fiscal crises in the United States and in Europe. In the case of the U.S., I think an important element is market awareness that the government's debt problem has been left complete ...
August 08, 2011
One reason that our founding principles are in such deep trouble today is that many years ago our parents and grandparents... and great grandparents, conceded to the enemies of freedom the moral high ground. Those advocating socialism, communism and fascism wer ...
August 07, 2011
The Daily Bell is pleased to present this exclusive interview with a nine-year-old boy named Jesse. Jesse is a typical young boy who enjoys exploring ideas and concepts. He is an average student, who tends to enjoy recess more than doing classroom work. His tea ...
August 06, 2011
Last week I discussed the nature of the "time taxers" and how easy it is for people to blindly be lulled into living their life in service of the State – or those who control it. And in that editorial I suggested that time, being the most precious commoditty ...
August 05, 2011
Ground Turkey Recall: Why Did It Take So Long? Pentagon Chief Warns Won't Accept Extra Spending Cuts. New York Unveils $127 Million Bid to Help Minorities. BLITZER'S BLOG: Hunger in America Growing at Staggering Pace ...
August 05, 2011
Self-acceptance involves accepting personal limitations and possibilities. It is a crucial step in any personal development – you first have to be aware of and accept what's true about your life if you want to be able to then change your life for the better. ...
August 04, 2011
Staff Reports: Countries Brace for The Code War. How Washington Took the U.S. to the Brink. Army Hiring More Counselors for Alcohol Abuse. Bed-ridden, Caged, Egypt's Mubarak Goes on Trial ...