STAFF NEWS & ANALYSIS
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March 18, 2011
In an article entitled "Ben and Barry's Inflation Problem" we pointed out the inevitability of price inflation in America and that it might well upset Barack Obama's plans for a second term. We indicated that we thought price inflation was likely sooner rather ...
March 18, 2011
As a child and teen I had been very seriously abused, especially while in my father's "care". He had in mind to make me into a clone, forced me to do athletics relentlessly and when he detected any resistance on my part, beat me mercilessly. None of this result ...
March 17, 2011
Ben Bernanke's monetary stimulation has been pervasive and ongoing; it has also been historically massive. Never before has a central bank dumped US$20-$50 trillion into the marketplace within a two year time-span as the Fed under Bernanke seems to have done. A ...
March 17, 2011
Japan has called in the cavalry. Having struggled with the failing nuclear reactors in Fukushima, Japan has requested US aid and the US has responded with a panoply of high-tech solutions. Sometime today, apparently, drones will soar over Fukushima in an attemp ...
March 17, 2011
Austrian School economists have often explained the business cycle using the metaphor of liquor or drugs. The expansion of paper money and credit gives a sense of exuberance, an economic high that leads to excessive risk-taking and ballooning production. But it ...
March 17, 2011
My idea is somewhat unusual in that I do not argue against the death penalty as a cruel and unusual type of punishment, nor do I claim that the death penalty is barbaric or demeans members of societies in which it is practiced. There certainly are people who do ...
March 16, 2011
"This can't stay like this," says German Finance Minister Wolfgang Schaeuble, speaking of Ireland's fairly low 12.5-percent corporate rate. According to Agency France Press (see article excerpt above) Schaeuble claimed that US Treasury Secretary Timothy Geithne ...
March 16, 2011
Yesterday we wrote about the predilection of the Anglo-American power elite to make life as complicated and mysterious as possible. Whether it is automobiles, power plants or even "home entertainment systems" almost nothing is immune from the urge to elaborate, ...
March 15, 2011
The just-completed deal between North and South Europe (between Germany and the PIGS, really) is apparently almost entirely one-sided and bound to inflame not diminish civil unrest as spring begins to bloom across Europe. The lines of battle are not hardening; ...
March 15, 2011
Yesterday we provided something of an update on Green technology, which in some instances is not proving anymore successful in the 21st century than it did in the 1970s. We concluded by suggesting that the Green movement was more about centralizing power and co ...
March 15, 2011
Last week we once again heard numerous voices calling for intervention in Libya. Most say the US should establish a "no-fly" zone over Libya, pretending that it is a benign, virtually cost-free action, and the least we could do to assist those trying to oust th ...
March 15, 2011
Events in other parts of the world, such as the civil war in Libya, and the revolutions and mass public demonstrations against various tyrannical and autocratic governments in several countries in the Middle East, have aroused a deep sympathy among the American ...
March 14, 2011
All economies are similar in the age of central banking. When confronted with disasters, economic or otherwise, the first instinct is to print money (see article excerpt above). Many things in life are uncertain, but central banking is not one of them. Central ...
March 14, 2011
The 2000s are like the 1970s in so many ways. Then, too, Green businesses were touted as up-and-coming. There were so many "can't miss" businesses and the Carter administration funded a good many of them. But then the long recession came in and Ronald Reagan wa ...
March 13, 2011
The Daily Bell is pleased to present an exclusive interview with Tom Harpur. Mr. Harpur, born in 1929, is a Canadian author, broadcaster, columnist and theologian. An ordained priest, he is a proponent of the Christ myth theory, the idea that Jesus did not exis ...
March 12, 2011
To say as many commentators do, that the color revolutions in the Mid-East and North Africa is about oil to miss the point. Well not exactly. Oil is an important part of the equation in so far as it relates to the greater agenda of the Western power elite to cr ...
March 12, 2011
The entire world except for government leaders and politicians are thrilled with the revolutionary spirit moving through the Middle East. The leaders of authoritarian regimes from Tunisia to Egypt have fallen and the rest are threatened in every nation in the r ...
March 12, 2011
Some avid supporters of the free market write a great deal about Western Elites who, among other things, want to impose democracy on the Middle East and are bent on controlling the world's financial institutions and doings. Since no person or institution is na ...
March 11, 2011
So much of the world's economy is in flux these days. The Middle East suffers from serial color revolutions. In Europe, the euro is faltering because of the Sovereign debt crisis. Despite comforting predictions from the Obama administration, America remains mir ...
March 11, 2011
Yesterday's hearing on radicalization of Muslim Americans brings up a larger perspective regarding what is going on in America and a close look into Western-style democracy. The incessant harping on "terrorist Islam" as presented in these US congressional heari ...
March 10, 2011
Timothy Geithner seems confident that the EU will resolve the current sovereign debt crisis but we wonder if this confidence is misplaced. The Anglo-American power elite is struggling on many fronts these days as it apparently strives more energetically than ev ...
March 10, 2011
One of the great things about the Egyptian revolution – other than the removal of the Mubarak regime itself – is the end of Zahi Hawass' tenure as Secretary General of the Supreme Council of Antiquities. In the last decade anyway and maybe for longer no pro ...
March 10, 2011
This paternalistic legacy of the Great Society era remains with us today. Indeed, it is at the center of the political and social controversies enveloping American debate and conflict about the future direction of the country. Many, if not most, of the supposed ...
March 10, 2011
When one criticizes public service unions this doesn't imply at all that one is critical of labor unions per se. Because public service is mostly monopolistic - only one first class postal service, only one Medicaid, only one DMV and road system, only one schoo ...
March 09, 2011
The United States and its allies do not want to get involved outright in Libyan warfare, or so we are told, but as we can see from the above article excerpt, the administration has plans for Colonel Qaddafi. Of course, if we peer beneath the surface, we find th ...
March 09, 2011
We have noted of late the emergence of a particularly ubiquitous power elite dominant social theme: It's Wall Street's (Big Finance's) fault. This is an extraordinarily important promotion because it is intended to spare central banks from scrutiny and deflect ...
March 08, 2011
We wonder how long all this is going to last. It seems that Europe is headed toward some sort of crisis, mostly brought on by the impossibility of resolving the North/South divide. It is simply impossible to have a single central bank and a single currency for ...
March 08, 2011
Australia is apparently going to be the first or one of the first countries to put a tax on "carbon." The idea that carbon dioxide, an essential building block of life, has been subject to powerful demonization by the Anglo-American power elite is testimony to ...
March 08, 2011
Last week Secretary of State Hillary Clinton testified before the House Foreign Affairs Committee, and I had the opportunity to raise some of my concerns regarding US foreign policy and the costs of our interventionism around the world. Many observers claim tha ...
March 08, 2011
The term "censorship" has apparently been quite corrupted. Watching a recent prime time broadcast of a number of recent Saturday Night Live shows I noticed now often those who discuss the program kept referring to the NBC quality control folks as "censors." As ...
March 07, 2011
This article appearing in Registan.net tells us some astonishing things about General David Petraeus. A week ago, he suggested publicly that Afghanistan parents were burning their children to exaggerate injuries they'd received at the hands of allied troops. He ...
March 07, 2011
Tina Brown, the much feted editor of Vanity Fair, the New Yorker, Talk magazine and The Daily Beast has finally issued the first all-new edition of Newsweek. The revamped magazine - which was bleeding millions before Brown was brought in to salvage it - looks a ...
March 06, 2011
The Daily Bell is pleased to present an exclusive interview with Ingo Bischoff. Ingo is the president of the San Francisco School of Economics, a California non-profit corporation. He did his undergraduate work in Physics, Chemistry and Business Science and his ...
March 05, 2011
Questionable regimes often use PR companies both to improve their image in general - and following specific incidents. Is there any way for us to know truth from spin? This question takes on more urgency given what's going on in the Middle East, and efforts of ...
March 05, 2011
The New York Times reported recently that "John Galliano, the talented and troubled designer who was fired by the fashion house Christian Dior for making anti-Semitic remarks in a drunken rant at a bar, will be put on trial for the offenses, the Paris prosecuto ...
March 04, 2011
The German magazine Der Spiegel has turned to an American economist to bang the drums for further bank reliquification (see article excerpt above). Obviously the US$50 trillion that Western powers have apparently dropped into the world's economy has not done th ...
March 04, 2011
It is truly astonishing that in the 21st century the World bank – which has inflicted ruin on nation-states across the globe – can confidently propose a pan-continental plan (see excerpt above) for one of the world's largest and most diverse regions – Afr ...
March 03, 2011
The Telegraph's Ambrose Evans-Pritchard has published one of his usual insightful analyses on the upcoming difficulties the Irish will face in renegotiating debt payments to prop up failing Irish banks (see article excerpt above). Irish bank bonds are held by G ...
March 03, 2011
The assassination of the Christian Minister for Minorities in Pakistan, Shahbaz Bhatti is a tragedy on a number of levels. The mainstream media has explained the tragedy rather well (see excerpt above) emphasizing the horrors or intolerance and Islamic fundamen ...
March 03, 2011
In many circles it is a prominent mantra that property rights are not human rights. The rights to private property and to trade it are treated by many political thinkers and jurists as far from binding on us. So, for example, the US Supreme Court ruled in 2005 ...
March 02, 2011
We've often tried to point out that a fundamental dominant social theme of the power elite is that the private sector is at fault for mercantilism's ruin. The intergenerational, familial power elite located in the City of London uses mercantilism to generate it ...
March 02, 2011
While Britain's central banker Mervyn King blames the private sector, financial analyst Kevin Freeman has penned a White Paper (excerpt above) that blames foreign enemies for the 2008 financial crisis. This is a fairly brilliant fear-based promotion in our view ...
March 02, 2011
An issue that has puzzled many philosophers and cosmologists is whether there is just one universe or might there be many. On first inspection the puzzle appears to be bogus. After all, by "universe" is meant "everything that is." Other terms used for this are ...
March 01, 2011
The Telegraph's Jeremy Warner has written an article (see excerpt above) that puts the troubles of the West into a pan-global perspective. In a fairly wide-ranging story, he examines numerous current events both economic and political and determines that they a ...
March 01, 2011
The reasons for these revolutions had to do with "bread and butter issues [rather] than politics." Declining economies mean that unemployment rises, taxes are raised and services cut. Therefore, these revolutions are not being driven by freedom issues but by si ...
March 01, 2011
During the past few weeks, Congress has been locked in a battle to pass a continuing resolution to fund government operations through September. Both supporters and opponents of the bill, HR 1, claim it is a serious attempt to reduce federal spending. However, ...
March 01, 2011
In basic reasoning courses one learns that certain ways of thinking are fallacious, others are sound. Sadly, most students don't actually remember much of what they learn here because these courses are taught too early in their college years, just at the time t ...
March 01, 2011
Earlier this month, J.P. Morgan made an important announcement that received scant coverage in the media: the bank would now accept gold as collateral for loans. The move appears to have been well-timed, for in the ensuing weeks, the price of gold and silver cl ...
February 28, 2011
It has long been our contention - stated many times - that the tribes of Europe would not take kindly to the "austerity" measures that have been imposed on Europe, especially the PIGS - Europe's Southern countries. We've made the argument that the tribes of Eur ...
February 28, 2011
On March 14, 1883, a German philosopher living in exile in London passed away. When he was buried three days later in a modest grave where his wife had been laid to rest two years earlier, fewer than ten people were present, half of them family members. His clo ...
