EDITORIAL
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November 30, 2010
The usual beef among those who dislike trends in this country's economic policies is that we will soon have a socialist system. And it does appear that with more and more economic issues coming under government supervision and outright control, socialism is the ...
November 29, 2010
Working with elves is not like working with humans. They tend to be scatterbrained and imprecise – financial analysis being a good deal different than toy making. So why is it we ask, that only a few "big uns" as the gnomes call us, a bunch of Swiss shorties ...
November 29, 2010
Is Julian Assange the rebel-with-a-cause that he makes himself out to be? We gave him the benefit of the doubt for months, and still do, but with less and less certainty. We don't remember when our suspicions became more pronounced, but (credit where credit is ...
November 29, 2010
There is nothing amiss with exceptionalism, never mind the slurs against it by the likes of NYU Law Professor Ronald Dworkin (in The New York Review of Books). To regard the United States of America as a country that's exceptional – meaning the likes of which ...
November 28, 2010
The Daily Bell is pleased to publish an exclusive interview with the distinguished free-market scholar and economist Dr. Mark Skousen. Dr. Skousen taught economics at Columbia University's Graduate School of Business in 2004. In 2001- 02, he was president of th ...
November 27, 2010
Vladimir Putin makes a currency swap deal with China and then heads to Germany to propose a vast, continent-wide European union. It is inevitable, he says. It is aimed at marginalizing the US dollar and giving the world a choice of what kind of currency to use. ...
November 27, 2010
It is often held, by admirers of modern science (which took off around about the 15th century) that if human beings are parts of nature, there can be no room for morality in their lives. They are then simply complicated machines working as they must, with no po ...
November 26, 2010
The criminalization of communication continues apace. More "insider traders" are about to feel the full brunt of US justice. It is kind of sickening, actually, to watch it play out, given what the US government chooses NOT to prosecute or even investigate. And ...
November 26, 2010
We don't want to make too big a fuss about this because it is usually very hard to pinpoint a speech that will serve as history's fulcrum. We do believe, nonetheless, this could be one - it is that good. And as a bit of political theatre, Nigel Farage's impassi ...
November 25, 2010
Yesterday we commented on the coming Chinese economic implosion (either slowly or quickly) due to out-of-control inflation but ran into the predictable (feedback) perspective that China will be the next towering power in the world. This viewpoint will doubtless ...
November 25, 2010
"Competition is a sin," said one of the richest men in the world; his approach to commerce trailblazed the ruthless, capitalist way of modern business. In fact, a tiny, intergenerational, familial Anglo-American power elite of incredible wealth runs the Western ...
November 25, 2010
As a loyal reader of books, articles and columns by members of the American intellectual left, I marvel often at just how blind these folks can be to their own dogmatism. Folks like these routinely charge those whose politics and economics they dislike with thi ...
November 24, 2010
Yesterday we revisited our prognostication of nearly two years ago that the Federal Reserve was on the way out in its current form - given the vituperation increasingly leveled at that institution. An institution like the Fed, set up by the powers-that-be as an ...
November 24, 2010
The furor surrounding the TSA's enhanced security measures continues to grow and yesterday, as this article was being written, TSA personnel were pleading with the traveling public (the TSA's self-proclaimed "customers") not to protest the TSA's enhanced securi ...
November 23, 2010
So Federic Mishkin, who is a well-known economist of the Keynesian variety has realized, perhaps belatedly, that the US Federal Reserve is under attack and that the attacks are "unprecedented." This does not surprise us however (nor you), as we predicted this a ...
November 23, 2010
Here at the Bell we scrutinize the dominant social themes of the elite. When we attempt to analyze Rupert Murdoch's actions we often find ourselves making guesses as to how the elite visualizes the future of the 'Net from a publishing standpoint. In this analys ...
November 23, 2010
The growing revolt against invasive TSA practices is encouraging to Americans who are fed up with federal government encroachment in their lives. In the case of air travelers, this encroachment is quite literally physical. But a deep-seated libertarian impulse ...
November 23, 2010
Much fussing is in evidence from certain circles some heavy hitters, like Professor Ronald Dworkin - about the Supreme Court's recent ruling that protects corporations against government intervention when they make political contributions. The common complaint ...
November 22, 2010
For months we have been reading articles about how the Irish, unlike the Greeks or even those in Iceland, really understood what had gone wrong. This in our estimation was a kind of sub dominant social theme, that the Irish were "good" Europeans and reasonable ...
November 22, 2010
We have charted in the past the implosion of art as it relates to real life. One can say that art-as-abstraction is the result of photography, but how, then, does one explain the lack of realistic photography in public places? Instead one finds abstract sculptu ...
November 21, 2010
The Daily Bell is pleased to present an exclusive interview with E. Stewart Rhodes. E. Stewart Rhodes is the founder and President of the growing, national non-profit organization Oath Keepers. The group supports members (current and former U.S. military and la ...
November 20, 2010
All you may really need to know about the World Bank is that it apparently requires "sovereign immunity" from the countries it works with so none of its employees, assigns, etc. can be held accountable if anything goes wrong. And like its sister enterprise, the ...
November 20, 2010
Washington D.C. – Congressman Ron Paul Thursday introduced legislation designed to stop abusive TSA practices that treat American air travelers like criminal suspects. "Enough is enough" Congressman Paul declared in a speech before the House of Representative ...
November 20, 2010
Now these issues must always be dealt with comparatively - is capitalism cruel, harsh, heartless compared to what? Some folks I know have maintained that compared to socialism, capitalism is indeed all these things but I just cannot buy it. Partly it's because ...
November 19, 2010
Food prices are going up; everywhere we read about it. When we Googled "high food prices" recently we received 100 MILLION hits. Now there's a dominant social theme for you. The UN especially (talk about predictable culprits) has been flogging this latest power ...
November 19, 2010
NATO brass are meeting in Brussels (where else) to formulate further plans to win the war in Afghanistan and reshape NATO into a kind of worldwide rapid response force that will fight on behalf of democracy wherever it is needed. We have spoken before of the em ...
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November 18, 2010
Money is being argued about again, which is a good thing. But as usual (or so it seems to us) the argument is being framed in terms of what "ought" to be done. This is a kind of promotion, a dominant social theme, whether or not one wishes to admit it. Even the ...
November 18, 2010
We are reminded of a certain book when we read who is getting freedom medals from Barack Obama shortly. Warren Buffet is a kind of Keynesian socialist in our humble view, while George H. W. Bush is the former head of the CIA (as well as a former president), Ang ...
November 17, 2010
Are all the world's currencies on a downhill slope? Is it possible that the Western elites that desire one-world government above all else are deliberately unraveling the euro and the dollar, the world's two most important currencies? That would leave the Chine ...
November 17, 2010
We have been covering what we believe is essentially the demise of China as it currently exists because we think inflation is raging virtually out-of-control in that big country. We know some (or even many) may disagree with our perspective and certainly the ti ...
November 17, 2010
A remarkable confluence of recent events has brought unprecedented but very welcome attention to both U.S. monetary policy and the global political economy in general. First, Federal Reserve Board Chairman Ben Bernanke recently announced that the Fed would emba ...
November 17, 2010
Much fuss is afoot now about how various schools, especially colleges and universities, are dealing with the airing of controversial topics. Although by my count this isn't some kind of epidemic, in several schools the administrators have decided they do not wa ...
November 16, 2010
Below we analyze an article (see excerpt above) that appeared in the Washington Post recently entitled "Five Myths About the Federal Reserve." Let us mention some good things, first. The article is well written, even elegant, and not over-complex. It is compose ...
November 16, 2010
For months we have read in the mainstream media that Ireland has pulled together as a country and culture and that the "austerity" it was undertaking was working. Ireland was held to be increasingly solvent and the people of Ireland (in mainstream articles) wer ...
November 15, 2010
It is common knowledge that the dollar is doomed and that the powers-that-be seem to be in a hurry to consign it to the grave apparently prepared for it. But this Financial Times article makes an argument that we have made in the past: It is not so easy to kill ...
November 15, 2010
There is a new sub-dominant theme making the rounds on the Internet among the more extreme 'Net web sites. We were alerted to it by a feedbacker and being professional meme watchers, we investigated. The meme has to do with the discovery of a hidden stargate of ...
November 14, 2010
The Daily Bell is pleased to present an exclusive interview with Eric Garris (left). Mr. Garris has been a political activist for over four decades. A former leftist, he discovered libertarianism during his involvement in the Vietnam antiwar movement. He manage ...
November 13, 2010
The G20 Summit has come and gone. Herman Van Rompuy may be satisfied with its outcome but the chances are that many involved in the Western power elite nexus will not be. There was evidently and obviously pressure put on China to cooperate more effectively with ...
November 12, 2010
The most important thing in the world from our out point of view as professional "meme watchers" is figuring out whether the current global chaotic economic situation is in some sense created or whether it has somehow spun out of control. Perhaps both at the sa ...
November 12, 2010
It is becoming clearer and clearer that one of the reasons that the West (and particularly the US) is in Afghanistan is as a kind of trial run for a larger NATO. The problem that NATO has had in the past is that it was originally constructed to shield Europe fr ...
November 12, 2010
Ever since President Obama took office, his proposed public policies have been defended doggedly by all those who favor an increasing large scope for the federal government. Health care/insurance is just one of these policies but, of course, his way of dealing ...
November 11, 2010
This is an important article from our standpoint because Nouriel Roubini has always been positioned (or positioned himself) as a practical thinker and "hawk" when it comes to monetary policy. This means that unlike many other economists, Roubini is always criti ...
November 11, 2010
We were going to write about former President George Bush's new book but what is going on in Britain right now seems both important and timely. There are two developments to ponder on: Unrest has now begun in Britain over the faux-austerity that has been impose ...
November 11, 2010
Gloating as they are too often wont to do, modern welfare state liberals are eager to point out that when it comes to proposing cuts in government spending, many who advocate it will not be specific. Even more telling, the liberals hold, is the fact that few if ...
November 10, 2010
We will try to address Edmund Conway's screed against gold as best we can. The prejudice it shows is startling and reveals once again that intelligence, in our view, is no substitute for wisdom. It is interesting to note that those who may come from privilege a ...
November 10, 2010
Believing in the free-market, we are not enthusiastic fans of censorship. In fact, we believe that if parents are worried about a given influence in their lives or their children's lives, they should try to widen the range of exposure. A frame of reference is i ...
November 09, 2010
President Barack Obama defended the Federal Reserve's policy of printing dollars on Monday after China and Russia stepped up criticism ahead of this week's Group of 20 ... The G20 summit has been pitched as a chance for leaders of the countries that account for ...
November 09, 2010
The world has certainly not recovered from the Dark Age of the 20th century when it seem every single facet of Western civilization was corrupted to serve the purposes of a Western global elite determined to implement global government. Economics, polity, educa ...
November 09, 2010
Over the weekend of November 6-7, 2010, World Bank president, Robert Zoellick , proposed in a column written for the Financial Times that the global economy once more be linked to gold as an anchor to help maintain currency stability and reduce inflationary exp ...
November 09, 2010
Last week's midterm elections have been characterized as a victory for grassroots Americans who are fed up with Washington and the political status quo. In particular, the elections are being touted as a clear indicator that voters demand reductions in federal ...
