STAFF NEWS & ANALYSIS
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January 27, 2011
The arguments are finally joined, and we shall see if American democracy is actually able to effectuate anything other than more spending and higher indebtedness. The arguments go farther than the debt ceiling of course and include military spending as well. US ...
January 26, 2011
The draft report says "dramatic failures of corporate governance and risk management at many systemically important financial institutions were a key cause of this crisis." It also points to "stunning instances of governance breakdowns and irresponsibility," in ...
January 26, 2011
A feedbacker was kind enough to send us a link to an absolutely extraordinary article by Thierry Meyssan, founder of the Voltaire Network. Astonishingly, the article solidifies most of our suspicions regarding Tunisia's crazy Jasmine revolution. ...
January 26, 2011
Every time I am dealing with an organizations like the omnipresent TIAA-CREF - which seems to have a monopoly on handling retirements at colleges and universities across the country - I am put through a labyrinth of bureaucratic procedures. With each turn, of c ...
January 25, 2011
We've covered the insanity of Chinese economic growth in numerous articles stretching back nearly two years now, but this latest news is the most startling yet. If the Telegraph is to believed (we have no reason not to), the Chinese have now dropped any pretens ...
January 25, 2011
In a recent article (Western Elites Secretly Still Building Islam) we speculated that the Anglo-America power elite was supporting Islam because the West's growing authoritarianism needed an outside enemy to ensure its global expansion. We received some skeptic ...
January 25, 2011
I am pleased that the Constitution has received a lot of attention in recent weeks, thanks to the tea party movement. The 112th Congress kicked off with a reading of the Constitution on the floor of the House. It goes without saying that Members of Congress sho ...
January 24, 2011
Another facile media explanation. (See excerpt above.) The Telegraph gets it half right. Stagflation is not caused by "higher oil prices" but by monetary policy. The West is about to embark on an episode of what we wil call - for lack of a better term - "Super ...
January 24, 2011
It has hit the Internet hard – harder than almost any other news from Afghanistan in a long time: the news that the US military had dropped 25 tons of bombs on a small Afghan village and reduced it to glazed mud. Pictures of the village, Tarok Kolache, and it ...
January 24, 2011
The New York Times blog featured a debate recently, in the wake of the Tuscon massacre, among several people on the insanity defense. One of the debaters, Kent Scheidegger, wrote a comment that included a point that's often proposed but that needs some amendmen ...
January 23, 2011
The Daily Bell is pleased to present an exclusive interview with Dana Rohrabacher. Currently serving his 12th term in Congress, Dana Rohrabacher represents California's 46th District, including Orange County and Los Angeles. Congressman Rohrabacher serves as Ch ...
January 22, 2011
We were having lunch and the topic of how to frame a friendly, productive holiday conversation about politics and such came up. I had been thinking about what role a host might play in upholding standards of civility and what one can do if things get a bit ugly ...
January 21, 2011
The Washington Post was proud of the US press corps yesterday. Having the opportunity to ask Hu four questions, two reporters chose to ask tough (but thoughtful) ones about human rights violations in China. (See article excerpted above.) In this article, we'll ...
January 21, 2011
House Republicans have issued a list of cuts to be made to federal spending. We quote from the article excerpted above: The proposals "would reduce current spending for non-defense, non-homeland security and non-veterans programs to 2008 levels." Homeland Secur ...
January 20, 2011
There must be a need for banks and bankers. We're not surprised. We are on record as stating that one of the power elite's most critical dominant social themes is the necessity for the banking industry, including most importantly central banking. Thus it is, in ...
January 20, 2011
We have begun to notice this emergent sub dominant social theme: The Internet will bring the world together. On the surface is sounds naïve, but the academics are starting in on it, and that means an explosion of windy speculation about how the Internet will ...
January 20, 2011
Everyone with any intelligence in the US and around the world knows that there is no way for Washington to manage the tens of trillions in debt and unfunded liabilities short of ultimate repudiation or hyperinflation. Thanks to Wall Street bankers and the Anglo ...
January 20, 2011
The global economy has become so unbalanced that even government ministers who would normally have trouble explaining supply or demand clearly recognize that something has to give. To a very large extent the distortions are caused by China's long-standing polic ...
January 20, 2011
No, I am not actually a junkie of any sort but I sometimes feel like it when I reflect upon my history of borrowing funds against the estimated value of my home. You see, I have been trying to encourage my and my children's various endeavors, just as many other ...
January 19, 2011
In this article we want to rehearse once again what has emerged on the Internet - via the blogosphere - regarding the dominant social themes of the power elite. It turns out that much of what people learned in school and from the media was a kind of fiction, a ...
January 19, 2011
Senator Scott Brown soared like a comet in the US political firmament. He was the unexpected Republican victor in a contest for the "Kennedy" set in Massachusetts after famous Senator Ted Kennedy passed on due to a brain tumor. At the time, his victory was attr ...
January 19, 2011
For some nine years I have been predicting that the economy is going to a recession morphing into a depression, using a purely theoretical argument. The essence of my argument is that the open market operations of the Fed cause a protracted decline in interest ...
January 18, 2011
Was this the week the euro gave up the ghost and the EU threw in the proverbial towel? Analyzing the Anglosphere's dominant social themes is not an easy avocation and one looks for documentable breakthroughs. We have been fortunate to find several during the ti ...
January 18, 2011
Is the war on terror a success? The Anglo-American elite needs an enemy if the authoritarianism that is rising in the West is to continue - because despotism (and globalism) is more easily created when there is an outside enemy. But fighting against 100 Al Qaed ...
January 18, 2011
The terrible violence in Arizona last weekend prompted much national discussion on many issues. All Americans are united in their sympathies for the victims and their families. All wonder what could motivate such a horrible act. However, some have attempted to ...
January 18, 2011
"Heads – you win; tails – I lose." Such is the message the Fed sends to bond speculators. But why would the Fed offer such a stupid wager? Read on. The Fed is trying to bribe bond speculators with risk-free profits. That's how the Treasury/Fed check-kiting ...
January 17, 2011
Usually we present an article in the mainstream media that confirms a dominant social theme of the power elite, but in this case, we've chosen one (see excerpt above) that is not supportive of elite promotions. In fact, the article focuses on author Richard Dun ...
January 17, 2011
The narrative Tunisian "Jasmine" revolution has been unfolding predictably from the Anglo-American perspective. A corrupt dictator has been chased to Saudi Arabia and the "authorities" are huddled together to try to set up a government that will deliver the app ...
January 17, 2011
Finally Paul Krugman, Princeton University Nobel Laureate in economic science and columnist for The New York Times, has come clean about his "moral" position (TNYT, January 14, 2011). He has admitted that he doesn't believe that when you earn something, you own ...
January 16, 2011
The Daily Bell is pleased to present an exclusive interview by Ellen Brown (left). Ellen Brown developed her research skills as an attorney practicing civil litigation in Los Angeles. In Web of Debt, her latest book, she turns those skills to an analysis of the ...
January 15, 2011
Here at the Daily Bell, we remain convinced that America's serial wars have continually deepened that great country's economic crisis. And this gives rise to a peculiar dilemma that we don't usually point out, but which will be the purpose of this article. It m ...
January 14, 2011
Very interesting. The economy will grow by three to four percent in 2011, according to Federal Reserve Chairman Ben Bernanke, but unemployment will remain. Meanwhile, according to Bernanke, the horrid spectre of deflation has been averted for the moment. Finall ...
January 14, 2011
A new feudalism is being born. It is a quite deliberate effort of the power elite in our view, but people don't notice it - or haven't verbalized it - because it is difficult to analyze something when one is in the middle of it. But the feudal evolution is sure ...
January 13, 2011
In a problematic global economy, China is being cast as the ultimate Asian Tiger. It is seen as challenging America from a military standpoint and even, eventually, of challenging the dollar's tottering role as the world's reserve currency. China is not doing m ...
January 13, 2011
What is going on in Afghanistan is increasingly unsupportable. Populations and countries have their own tendencies; ultimately they revert to them. Attempting to Westernize Afghanistan, an ancient, tribal society, at the point of a gun is likely a fool's errand ...
January 13, 2011
Yes, I am that for sure, an extremist. I am totally against taxes, consider them extortion. I think all government regulations are vile, cases of prior restraint and thus unjust. I think a government has only the function assigned to it in the Declaration of In ...
January 12, 2011
We have written about how various globalist entities are seeking more authority over the world's food supply. In a recent editorial in the Financial Times, World Bank president Robert Zoellick made the case that the G20 and the World Bank – together – ought ...
January 12, 2011
For years, the Anglo-American power elite in our view has been trying to disarm America without success. The elite has tried to ban guns slowly; it has tried to ban guns fast. It has offered up, through channels, various interpretations of the US Constitution t ...
January 12, 2011
Open letter to Thomas Hoenig, President, Federal Reserve Bank of Kansas City. Dear President Hoenig, On January 5, 2011, you were quoted on ABC NEWS as saying that "the gold standard is a very legitimate monetary system". The quotation went on: "We are not goin ...
January 12, 2011
What happened in Tucson, AZ, was a massacre and not a tragedy. Perhaps some view this a pedantic detail but it isn't - words do have meaning and a tragedy, as anyone familiar with ancient Greek literature or a bit of Shakespeare will testify, takes place when b ...
January 11, 2011
Dambisa Moyo first book, Dead Aid, was certainly impressive. Moyo, a woman of color with a distinguished background, was not afraid to explain how Western aid was hurting impoverished countries. Coming from such a person, the accusations carried weight, and man ...
January 11, 2011
We wanted to pull away from covering the current vaccine controversy, but Time magazine has published a truly remarkable interview with Seth Mnookin, author of the Panic Virus. We want to analyze the interview because we believe it sheds a bright light on the s ...
January 11, 2011
Last week the 112th Congress was sworn in. I am pleased that I will be chairing the Monetary Policy Subcommittee of the Financial Services Committee, which has oversight of the Federal Reserve. Obviously, this position will facilitate my efforts to ensure the F ...
January 10, 2011
In this article, we want to examine the dominant social theme of "expertise." This meme is much in the news these days because the Internet itself is making the elite's promotion of the "expert" increasingly untenable. Whether it is vaccinations (see other arti ...
January 10, 2011
We watch and analyze the memes of the elite with considerable fascination. This last week brought us what we consider to be two dominant social themes that are very close to the collective heart of the elite. One was simply infuriating and the other was tragic. ...
January 10, 2011
There is nothing new about all the badmouthing of money we witness so often in our culture and political environment. Not only do we find many of the literati railing against money, even while some of them eagerly urge their agents to negotiate hefty deals for ...
January 09, 2011
The Daily Bell is pleased to present an exclusive interview by Peter Schiff. Peter is CEO of Euro Pacific Capital, a full-service registered broker/dealer, member FINRA/SIPC, which specializes in foreign securities. He is recognized for his knowledge of the for ...
January 08, 2011
Here at the Bell, we're not high on electrical cars. And the world's auto execs agree. In the website, "The Truth About Cars" we find the following lugubrious statement, "The majority of car makers the world over think that for the next five years, electric car ...
January 07, 2011
Another day, another meme. This is one of the older ones and its reoccurrence shows us more clearly than ever that elite propaganda is neither innovative nor complex. This latest eruption from the EU, then, is no surprise. Just yesterday in an article entitled ...
January 07, 2011
Dr. Wakefield's journey into medical purgatory continues. He initially co-authored a study back in 1998 that suggested that a link between autism and vaccines deserved further study. Since then his views have hardened. He has been outspoken about the dangers of ...