EDITORIAL
Showing 7951 - 2 of 2
July 30, 2010
When you withdraw the money, the deductible contributions you made to a traditional IRA and the income that's been earned inside the IRA will be taxed, as ordinary income. But there is an alternative that you can elect. New rules (effective starting in 2010) ma ...
July 29, 2010
Bet you didn't know that Britain was suffering from high inflation. We didn't anyway and we try to keep on top of these things. We knew that Britain was suffering from a high jobless rate. And we knew that Britain's debts were out of control, causing the countr ...
July 29, 2010
Another day, another dry and witty Economist magazine article advising another large country on what its central bankers need to do. There is never any doubt within The Economist brain-trust that central banking is a necessary phenomenon, or that it merely need ...
July 29, 2010
And investment freedom has not-so-obvious implications for safety. Open Opportunity IRAs make up less than 1% of the IRA universe. So if and when a team of Congressional staffers or a group of Treasury Department bureaucrats get busy drafting up new rules aimed ...
July 29, 2010
There are other metrics beside the gold basis that the market has developed in the meantime. One such is GOFO = $ LIBOR – GLR (the gold lease rate). On the face of it, GOFO cannot ever go negative. If it did, it would mean that the risk in borrowing gold is g ...
July 28, 2010
The Telegraph has been very good at diagnosing deflationary trends in the larger economy, and we have agreed with this analysis because it seems obvious. What is noteworthy, however, is that prices keep going down, as the Telegraph analyzes above, even though t ...
July 28, 2010
Let's summarize," he said. "We got an albino misfit with a strange name running around from country to country and leaking confidential information onto hundreds of anonymous servers. We'll fund the operation, but he'll pretend to be aided by generous anonymous ...
July 28, 2010
The president of the AAUP - American Association of University Professors - issued a lengthy declaration warning the membership against getting involved with BP, the giant oil company whose operations have gone awry in the Gulf of Mexico and whose management is ...
July 28, 2010
There is now a robust political constituency supporting the generous tax treatment given to IRAs. One element is the 40 million people who have an IRA. A second element is the retail financial industry – banks, brokerage houses, mutual funds and insurance com ...
July 27, 2010
This is a treat. We were scrolling through the 'Net and came on this June China analysis laid out in an Israeli blog that bills itself as one that offers "a Libertarian and Austrian View on Economic, Financial and Geopolitical Issues." Since we have been writin ...
July 27, 2010
Yesterday, we surmise, was one long headache for those in charge of the Afghanistan war on the Western side. Metaphorically, many good officers in the Pentagon and elsewhere stood in the middle of otherwise efficient offices holding their collective heads. Bad ...
July 27, 2010
Recently the Washington Post ran an extensive report by Dana Priest and William M. Arkin on the bloated intelligence community. They found that an estimated 854,000 people hold top-secret security clearances. Just what are all these people up to? By my calculat ...
July 27, 2010
We, who were raised in pre-nihilist America, find most of today's movies, TV programs and literary works hideous and depressing. We cringe at the obsessive sexuality of Hollywood's cinematic pretensions, at its love affair with anti-heroes, and the reprehensibl ...
July 26, 2010
Of course from our point of view the Economist is one of the mouthpieces for the British elite. As dashing and amusing as Punch magazine, as erudite as another mainstream mouthpiece, the Financial Times, the Economist profiles the goings-on of the world every w ...
July 26, 2010
We take a time out, in this article, to cast our admittedly jaundiced eye on the beautiful Angelina Jolie, perhaps the world's biggest female movie star. Why focus on Angelina Jolie? We find in her, to be frank, a well-traveled and weird intersection between Ho ...
July 26, 2010
A real bill, as its name suggests, is just a notice of payment due that typically the wholesale merchant sends to the retail merchant along with his shipment of goods demanded most urgently by the consumers. It is useful to think of the bill as a security in th ...
July 25, 2010
The Daily Bell is pleased to present an exclusive interview with Dr. Grant Havers. Dr. Havers is Professor of Philosophy and Chair of the Department of Philosophy (with a cross-appointment in the Department of Political Studies) at Trinity Western University. H ...
July 24, 2010
When is a meme not a meme? Maybe when it is true. The power elite creates memes – global warming is an example – that are untrue but nonetheless are intended to generate fear and confusion. It is the construction of this emotion that results in people givin ...
July 24, 2010
How would you like to begin a peaceful, legitimate political action which could roll back the last 100 years of government growth and national debt along with the hated federal income tax and the Fed? What if you could force Washington to return to a strong dol ...
July 24, 2010
Prime Minister Ference Gyurcsany, identified by some as "the golden boy" of Hungary's Socialist Party, got himself into serious trouble with many Hungarians for having admitted, in a leaked closed-door party conference speech, that during his two years term as ...
July 23, 2010
In this article we will debunk once more the idea that government can spend its way out of a recession. It is our modest contribution to the 21st century, which we can truthfully label an "Age of Misinformation," fortunately alleviated by the advent of the Inte ...
July 23, 2010
The militarization of American society is a long-term project in our opinion. It began shortly after Vietnam when the Pentagon, confronting the wreckage of failed military policies, began a rehabilitation campaign that resulted in the formation of a private, vo ...
July 22, 2010
We can see from this brief synopsis that central banking, the artificial creation of money-stuff (especially the mercantilist variety) manufactures both inflation and asset bubbles. But in doing so, central bankers get to pose as combatants of the very problems ...
July 22, 2010
Yesterday we reported on a startling cover story that appeared in Newsweek written by Richard N. Haass, the president of the famous Council on Foreign Relations, all-but-admitting the war in Afghanistan was a lost cause and suggesting ways that Western goals of ...
July 21, 2010
We have written numerous articles about the Chinese miracle with the intent of trying to explain that while China may have created a Western competitive face, the reality is otherwise. We have provided these articles because the current Western approach to Chin ...
July 21, 2010
Thus it is that we were able to determine last year, far sooner than most (if not all) publications, that the American Federal Reserve was going to come under sustained attack; we made this prognostication when we noticed that the Fed was not mounting convincin ...
July 21, 2010
Don't believe it for a moment. The American Left, as a whole, does not support civil liberties. All that protestation of about Bush and Cheney's allegedly unconstitutional expansion of presidential powers was just a bunch of empty hand-waiving. The New York Tim ...
July 20, 2010
This US law seems fairly invasive. Year-to-year, any payments to a vendor of more than US$600 will have to be reported to the IRS. While we were aware of this payment mandate, we hadn't fully realized the consequences for gold and silver until a feedbacker poin ...
July 20, 2010
We have long held that the war is being waged specifically and obviously against the Pashtun. But given that the two great tribes of this region both seem unfavorable to continued Western intervention, the West is likely unable to bring the war to a successful ...
July 20, 2010
Last week ended with some promising news on finally stopping the oil spill in the Gulf of Mexico. Unfortunately, the administration still seems to believe that shutting down working oil wells is a higher priority than effectively dealing with the broken one. Th ...
July 19, 2010
We have no idea how the Wall Street Journal came up with this blog singing the praises of Bernanke. But we have excerpted the article above and used its rhetoric as an example of a specific trend. It shows once again how the elite seems immune to opposing viewp ...
July 19, 2010
From our point of view the Afghanistan War is another dominant social theme that is failing. While some in the alternative news community maintain that the Afghanistan war is merely another phony war cooked up by CIA blowback, we don't think it is nearly that s ...
July 18, 2010
The Daily Bell is pleased to present an exclusive interview with Paul Craig Roberts. Mr. Roberts is an economist and a nationally syndicated columnist for Creators Syndicate. He served as an Assistant Secretary of the Treasury in the Reagan Administration earni ...
July 17, 2010
In this article we will briefly explore the collision between the Internet and the powers-that-be, and how it is changing the American political process - and thus the economic and investment climate. This is an ongoing process that has not yet reached a critic ...
July 17, 2010
Of course our era has its problems but these folks are really bonkers with their pessimism. What's more, they aren't upset with some of the real horrors of our time, such as the tyrannies and wars and oppression that go on in parts of the globe but with the goo ...
July 16, 2010
We do not believe that blaming the bankers gets it "just right." In fact, it is the most common of all dominant social themes – that economic downturns are the fault of big, powerful private interests. This sort of populism has been cultivated by the power-el ...
July 16, 2010
The larger conversation encompasses a forthright and basic dominant social theme: "Capitalism is prone to error, and government corrects." How in the 21st century anyone can still subscribe to this formula, having seen the damage that government has wrought on ...
July 15, 2010
The whole system is perverse. It has been set up by a power elite for purposes of consolidating wealth and control in THEIR hands, not for creating better and more prosperous civil societies. In normal, healthy societies, money is a tool of commerce not a metho ...
July 15, 2010
In several previous articles we've examined the possibilities of the US opening a third (or fourth) military front with Iran. Certainly the US and its allies seem on track to do this and from our point of view the examination of this possibility, combined with ...
July 15, 2010
We in America now we have a head of state who actually appears to accept this reactionary philosophy, judging by his eager embrace of the judicial philosophy of his former colleague from the University of Chicago Law School, now Harvard law professor Cass Sunst ...
July 14, 2010
When is a report a dominant social theme and when is it reality? And when, perhaps (we wonder) is it both? These are serious questions to those who believe the Western world is manipulated by a power elite that wields dominant social themes as a way of further ...
July 14, 2010
It is of course possible that Big Science will yield some conclusive and surprising results – perhaps all five God Particles, or even more. Equally feasible, it may yield inconclusive results that will be held up as conclusive because of all the vested intere ...
July 13, 2010
Articles such as this one set the scene for the unthinkable – a three-front Middle East war. The US is embroiled in Iraq, no matter what proponents of the "surge" say. The Afghanistan war, as we have covered it, is getting larger without getting any better fr ...
July 13, 2010
In retrospect, blaming the Great Depression on tariffs was a soft-libertarian solution. What do we mean by soft libertarian? We mean that proponents could make government the culprit without delving deeply into the real causes of the Great Depression. In a sens ...
July 13, 2010
Last week, GOP chairman Michael Steele came under fire for daring to say what a lot of Americans already know - that our involvement in Afghanistan is an ill-advised quagmire with no end in sight. After nearly 10 years and approaching $1 trillion spent, the con ...
July 12, 2010
The Anglo-American power elite provides the Western world with dominant social themes. In the past, certainly in the 20th century, these themes worked wonderfully well. But today, many of these memes are under attack. When the elite muscles them forward nonethe ...
July 12, 2010
As we pointed out in today's other article, we may be reaching a point where the elite's attempts to continually reinforce dominant social themes actually begin to be counter-productive. This may be seen in recent downward moves by the gold market. There are pl ...
July 11, 2010
The Daily Bell is pleased to present an exclusive interview with Harry D. Schultz. Mr. Schultz has written scores of books and is considered a founder of the investment newsletter business. Based in Monaco, and now in his 80s, he has been producing his newslett ...
July 10, 2010
We have written previously of Internet censorship and have often pointed out the difficulties of making censorship stick with the current technology. Recently, the Internet has been hit with a spate of articles explaining how censorship is being implemented aro ...
July 10, 2010
A new study prepared by the Dutch financial institution, ING, called "Quantifying the Unthinkable," has warned that a collapse of the Euro as the European single currency would lead to a global economy cataclysm. The worldwide banking system would face a new an ...
