STAFF NEWS & ANALYSIS
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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 ...
August 04, 2011
This is how economic recovery can be encouraged by all levels of government in the U.S.: 1. Remove all preemptory government regulations of all the professions and businesses. 2. Cut taxes to the bone, when possible totally abolish them. 3. Cut all subsidies an ...
August 03, 2011
In spite of the rhetoric in the media about a national debt crisis having been averted through a rise in the government's debt limit on Tuesday, August 2nd, the fact is the United States remains very much in the midst of a fiscal disaster. The Congress has appr ...
August 03, 2011
Staff Reports: China Joins Russia in Blasting U.S. Borrowing. Debt Fight Over, Obama Promises Action on Jobs. Markets Tumble on Fears for US Growth and Eurozone Debts. Trial of ex-President Hosni Mubarak opens in Egypt ...
August 03, 2011
Representative Emanuel Cleaver of Missouri produced a sound bite following the recent passage in Congress of the compromise bill on the dept ceiling and spending cuts. Even as this bill didn't by any means manage to demonstrate Congress's serious understanding ...
August 02, 2011
One might think that the recent drama over the debt ceiling involves one side wanting to increase or maintain spending with the other side wanting to drastically cut spending, but that is far from the truth. In spite of the rhetoric being thrown around, the rea ...
August 02, 2011
Washington claims the federal debt limit extension is a done deal and the threat of default is postponed. This is just more political theatre as the Treasury debt downgrade will happen and eventually a bankrupt America will attempt to inflate the debt away and ...
August 02, 2011
Staff Reports: Global Confidence in U.S. Treasuries Has 'Slightly Eroded,' Lagarde Says. Osama Bin Laden: Mission Was to Shoot to Kill From the Start. IMF Criticises EU Proposals for Basel III Implementation. Biden Says Tea Party Republicans Acted Like Terroris ...
August 02, 2011
By supposedly compromising to raise the debt ceiling, Congress and the President have now paved the way for ever higher levels of federal spending. Although, the nation was spared the trauma of borrowing restrictions, the actual risk of default existed solely i ...
August 01, 2011
All along we have been saying that the semantics and hype surrounding the debt ceiling debate would be for not and that "business as usual" would prevail. This celebratory piece, published by the NY Times on Sunday (excerpted above), is just the kind of propaga ...
July 31, 2011
The Daily Bell is pleased to present this exclusive interview with Pat Gorman. Mr. Gorman has been actively extolling the virtues of honest money for nearly 30 years, the last fifteen of which he has spent as president of Resource Consultants, a Phoenix, Arizon ...
July 30, 2011
The Internet Reformation is rolling forward. People are waking up to the reality of a money elite controlled world and the gallows that have been erected to enslave them in misery, debt and taxation. People feel the oppressive tax burden that requires them to c ...
July 29, 2011
We have been predicting in these humble pages that the current crises sweeping through the world's financial marts would be used to galvanize support for an even greater consolidation of globalist power. And now, here comes Christine Lagarde, speaking at the Co ...
July 29, 2011
Perhaps the debt ceiling should be renamed the "national debt target," for it seems Washington is always trying to reach it. One could say it's their only reliable, time-tested achievement. And without fail, upon reaching their national debt target, they prompt ...
July 28, 2011
The debate over the debt ceiling is anything but trivial for the poweres-that-be. Political pundits on both sides of the dialectic, along with their media confidants, would like us to believe that there is a real concern over the "acceptable level" of debt. Wel ...
July 28, 2011
The Internet Reformation is the culmination of the power and glory of Western civil society and free-market thinking. It is the apogee of all that is best in a sweep of history that began with the ancient Greeks and has culminated in the hearts and minds of mil ...
July 28, 2011
After sustained profligacy comes the dreaded cold turkey. Any kind of habitual indulgence can only be stopped if at some point the "addict" says "no" with no excuses. I would assume most people have been through this. I know a few personally. They have kept up ...