EDITORIAL
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January 15, 2010
Our televisions screens have been full of those tragic pictures of the devastation and human hardship that has been caused by the earthquake in Caribbean country of Haiti. Governments and private relief agencies are mustering their efforts to bring assistance t ...
January 14, 2010
We've spent plenty of time on global warming and of course we considered it a power elite promotion from the start (many years ago). But we have been gratified to see how thoroughly the meme has collapsed, even though like all dominant social themes the officia ...
January 14, 2010
The Washington Times, which never looked in the direction of Iran without seeing military enterprise, is beating the drums for war again. Whenever there is a decisive violent event in Iran the Washington Times trots out another story about the coming Western wa ...
January 13, 2010
In Part One I discussed the clear and present danger to pension rights: deflation as manifested by the interest rates structure that has been falling for almost thirty years, while most observers still think that the real danger is inflation. In this concluding ...
January 13, 2010
It is common knowledge now, for those who read the Internet, that a republican form of government is far preferable to a democracy, which is the rule of the mob, yet this article we are analyzing is actually called "Democracy's Wane." Why would anyone be worrie ...
January 13, 2010
Last year ('09) we made two pretty good calls against the prevailing wisdom of the day. We proclaimed that the Federal Reserve was in big trouble as an institution (an somewhat unheard of idea when we mentioned it) and not much later we pointed out that the Chi ...
January 12, 2010
In 1950 Mises looked at the pension problem from the point of view of the shrinking purchasing power of the dollar, a consequence of what he called the deliberate policy of currency debasement by the U.S. government. In 1950 a pension of $100 per month was a su ...
January 12, 2010
We did NOT get an exceptional amount of push back to our previous article on feminism but what we did get made us think hard about how to portray a nuanced message here at the Bell in a way that would not dismay someone reading the Bell for the first time. So n ...
January 12, 2010
We are trying to cover what's going on in Britain regarding the war on terror since we have noticed that it's not getting a great deal of coverage on the other side of the pond. Wonder why that is? Some pretty troubling info is being revealed, but what is surpr ...
January 11, 2010
So now the whispers about government intervention into the world's largest stock market have reached the point where the mainstream press is writing about them. Way back in 1987, during the Crash, it was common knowledge - or at least a common rumor - that Alan ...
January 11, 2010
We've covered this ground before, but here we have more proof of just how its leadership has let Britain down. It seems odd to recall that only two centuries ago Britain was approaching the peak of its power. It ran an empire over half the world and its civil i ...
January 10, 2010
The Daily Bell is pleased to publish an interview with the distinguished libertarian attorney and activist, Edwin Vieira, Jr. Dr. Vieira holds four degrees from Harvard: A.B. (Harvard College), A.M. and Ph.D. (Harvard Graduate School of Arts and Sciences), and ...
January 09, 2010
Arguing that there was no reason to fear significant price inflation for the foreseeable future, the Open Market Committee also told that it was continuing to inject more Federal Reserve-created money into the financial markets as it finishes buying up by the e ...
January 08, 2010
Now the EU has thrown down the gauntlet. This could be a turning point. This is a big deal. After a gestation of 60 years, the EU powers-that-be are forcing a kind of confrontation. Perhaps they have no other choice, but that's a big deal too. It seems to us th ...
January 08, 2010
The liberation of women is in our opinion another dominant social theme, one of the longest running of the power elite's promotions. The real push for women to become part of the work force happened in the 20th century. Not surprisingly, this was the century th ...
January 07, 2010
We've been down this road before, but it is worth restating. The 20th century and now the 21st century has seen a tremendous employment distortion because of central banking. The central banking era really only got going in the early 20th century and that's whe ...
January 07, 2010
CBS has a breathless scoop – the cameras were off at Newark airport and no one knew how to turn them back on. O, the humanity! We prefer to think of CBS's scoop as a metaphor for the larger "war on terror" which in our opinion is more and more verging on a ki ...
January 06, 2010
You have to hand it to Ben Bernanke, he is a most persistent man. He has decided that the Fed has to combat the bubbles it blows – or at least sound contrite and responsible and has been grappling publicly with ways to do so for some time. The trouble with co ...
January 06, 2010
We have promised our readers not to keep score when it comes to the collapsing memes of the power elite because life is not simple and these are very big promotions. Also, in many cases it is not clear what constitutes a promotional setback. If one believes for ...
January 05, 2010
o Gordon Brown and his comrade in catastrophe, Ed Balls, have decided to give British children the opportunity to learn from their example. British schoolchildren are to be provided with a curriculum that will help them better understand finance as they grow up ...
January 05, 2010
First Dubai - now Greece? Sovereign states were not considered bankruptcy material in previous decades, but now it seems such bankruptcies are perfectly feasible to fathom. No one thought Dubai would default - that's what happened didn't it, at least for a litt ...
January 04, 2010
This past week we celebrated the end of what most people agree was a decade best forgotten. New York Times columnist and leading Keynesian economist Paul Krugman called it the Big Zero in a recent column. He wrote that "there was a whole lot of nothing going on ...
January 04, 2010
On January 3rd, just after Meet the Press, NBC-TV broadcast a radio address by President Obama and while I have become nearly completely pessimistic, even cynical, about expecting anything uplifting from politicians these days -- I think there could be some and ...
January 04, 2010
This article is more a reflection of Austrian economics and free-market thinking than Ron Paul. However, we don't think Ron Paul will mind since he traces his inspiration back to the Austrian fathers such as Ludwig von Mises and would modestly hold that nothing ...
January 04, 2010
We've stayed away from commenting on this because inevitably the "facts on the ground" will change. But surprisingly, Haskell, who is an attorney and financial planner, has stuck clearly and quietly to his story in such a way that his account seems credible. Me ...
January 03, 2010
The editors of The Daily Bell are pleased to publish an interview with the distinguished libertarian thinker and free-market activist, Nelson Hultberg. Mr. Hultberg is a freelance writer in Dallas, Texas and the Executive Director of Americans for a Free Republ ...
January 02, 2010
The Gold Anti-Trust Action Committee Inc. today (Dec. 30th, 2009) brought suit against the U.S. Federal Reserve Board, seeking a court order for disclosure of the central bank's records of its surreptitious market intervention to suppress the monetary metal's p ...
January 02, 2010
I do not have a right to my car but I do have a right to buy, keep, trade and otherwise act in relation to my car. Rights are what define our range of free actions. In some cases the right to act garners us huge wealth, in others, fame, and in yet others it wil ...
January 01, 2010
While the entire world it seemed was united some time ago in praising the Chinese miracle, the Daily Bell (being compulsively contrarian) was in the midst of writing a series of articles about how the Chinese economy was actually the largest bubble economy in t ...
January 01, 2010
We have noticed this ongoing convergence between the Chinese and Americans that is starting to yield some surprising fruit. Certainly there was a lot of focus on the relationship (or lack of one in Copenhagen). But this is a clear example to us. The Americans a ...
December 31, 2009
We long ago warmed to the idea that the universe was in a sense electric – as electricity not gravity (whatever that is) could be the binding and organizing force. Of course, we are not scientists, so we do not know for sure, or even understand it that well ( ...
December 31, 2009
Well thank goodness that the American administration has stepped up to the plate and done the right thing - the bailouts of Fannie Mae and Freddie Mac are apparently not even going to cost a cool trillion in taxpayer dollars all told. Of course, we're inclined ...
December 30, 2009
There are a lot of statistics cited in this article but like many articles with a mainstream tone, most of them are besides-the-point or shed little illumination about what is going on. First of all the jobless rate in America is closer to 20-30 percent, we fig ...
December 30, 2009
So Michael Daly of the NY Daily News wants the Homeland team to become more efficient by firing Secretary Janet Napolitano. He seems to believe that if you find the right technocratic police officer for the job that this blunderbuss of an unconstitutional burea ...
December 29, 2009
It is fairly incredible that Congress keeps recycling the same worn out solutions to central bank monetary stimulation. We think this can only be because Congress does not want to admit that the system itself is what's at fault. Also, if you blame regulations, ...
December 29, 2009
The interesting thing about this interview is that Summers felt he had to give it. The frustrating thing is what is left unspoken. It is all well and good for Summers to maintain that the administration is not interested in accumulating anymore power over the p ...
December 28, 2009
Mort Zuckerman (pictured above left) owns the Daily News as well as US News and World Report, and it is a somewhat melancholy event to see this sort of opinion presented by the man himself. One would like to see a more spirited defense of the free-market that h ...
December 28, 2009
This article is interesting because of the parallels to the situation in the United States. Barack Obama swept to power by guaranteeing "change you can believe in" - but his change proved of the socialist kind, as he harried Congress to spend trillions re-infla ...
December 27, 2009
The editors of The Daily Bell are pleased to present an exclusive interview with well-known Eurosceptic Robert Oulds. Mr. Oulds is the Director of the London-based Bruges Group, and an international political analyst who has made a specialty of analyzing and op ...
December 27, 2009
Last week on Christmas Eve, after many backroom deals were made, the Senate passed the healthcare reform bill with a strictly partisan vote. I was pleased that my colleagues in the GOP are on the right side of this bill. Although this vote was a major step in h ...
December 27, 2009
Bing Crosby dreamt of a White Christmas. Elvis Presley lamented about his Blue Christmas. This year, most Americans faced a Red Christmas, plagued by massive credit card, household and government debt. It has been a year of unprecedented public spending based o ...
December 25, 2009
Every year around the holidays, we reread the answer to the letter from little Virginia O'Hanlon. We like to read it because it reminds us of a simpler time in the American republic when the leveling trends that have overtaken the country were not so far advanc ...
December 25, 2009
This is a funny little squib of an article. But in a way it expresses as much about where we are today as Church's editorial (see other article today) expressed about his day. Church's editorial, "Yes Virginia" dealt with the timeless issues of a child's quest ...
December 24, 2009
Over the last couple of decades a colleague from a famous university has challenged me about my view that everyone has the unalienable right to private property. Now this position, derived from such sources as John Locke, the American Founders, Ayn Rand, and ma ...
December 24, 2009
So President Barack Obama believes that ensuring the financial system did not collapse was the "most important thing" he did this year. Well, what about the unemployment thing which many analysts put above 20 percent (and we think may be closer to 30 percent in ...
December 24, 2009
In our opinion, Samuelson was just one in a long line of apologists for state control who was useful to the power elite at a time when it was apparently important to try to underpin various power grabs (such as central banking) with some sort of intellectual ju ...
December 23, 2009
We are shocked by this article in the mainstream Canadian press and can only explain it as part of the (admirable) Canadian irritation with global warming in general. Canada and its strange people – entrepreneurial, tough-minded and communitarian (if there is ...
December 23, 2009
The idea that the Obama administration is concerned about US fiscal solvency is somewhat risible in our humble opinion. We have pointed out recently that the British powers-that-be have been busily reducing Britain to a smoking ruin over the past half century, ...
December 22, 2009
No one in the freedom movement today disputes that the Federal Reserve is the source of many of our economic woes. Where disagreement arises is in defining the precise nature of the Fed and the source of its capacity to create the harm it does. Many who support ...
December 22, 2009
Last week the House overwhelmingly approved a measure to put a new round of sanctions on Iran. If this measure passes the Senate, the United States could no longer do business with anyone who sold refined petroleum products to Iran or helped them develop their ...
