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As Tax Collectors Grow More Aggressive, Payers Are Caught in the Middle
July 09, 2014
Her Majesty's Revenue & Customs doesn't have enough power, or so the British Parliament is told. HMRC wants to be both judge and jury when it comes to recalcitrant taxpayers. It wants to the ability to "raid bank accounts" and to do so without a court warrant. ...
Why Popular Music Is Less Successful These Days
July 09, 2014
Another meme is souring. We've tracked the gradual decline of movies, television, modern art and meaningful fiction. Now we see the same thing when it comes to popular music. And we should note that popular music has had a strong run in Western culture ever sin ...
Fourth of July and the Public Interest
July 09, 2014
Throughout history political thinkers have been doing a lot of fretting about the public good (or public interest, common good, general welfare, etc.). Usually they came up with massive plans or enchanting visions. Plato's teacher, Socrates, was the great grand ...
Italy's Renzi, a Charismatic Technocrat and Internationalist
July 08, 2014
Oh, boy ... Renzi! Here is a modern technocrat and a darling of Reuters. Let's see what his esteemed qualities can tell us about the globalist agenda generally. This article, unlike most, seems to make it fairly clear. Renzi is held up as everything that is goo ...
Internet Reformation Stymies BBC Reduction of Climate-Change Denial
July 08, 2014
From the perspective of the power elite, there's a lot riding on the success of the climate change meme. But it's not really working out. The idea apparently was that a carbon crisis would allow governments to centralize regulation in the UN and to spread it ar ...
Misguided Beliefs in Political Leaders
July 08, 2014
This is an election year and as in all past election years we are inundated with promises and proposals from candidates, each hoping to attract our votes. For the most part what they are promising is "leadership" and political solutions to our personal, social ...
Is the Level of Economic Illiteracy Among the West's Top Thinkers Deliberate?
July 07, 2014
Amazing. Ms. Lagarde regards the stagnating economy worldwide and advises ... more government involvement. Reuters and other major media pick up her speech and report it without any further commentary. And thus we understand the following: The global economy is ...
Immigration Reform: Do They Fear a Reaction to What They Plan?
July 07, 2014
Dominant social themes having to do with civil unrest are piling up quickly now. This article above is a kind of elaboration on a theme, but no less troubling for that. Previously, we covered the "neo-French Revolution" meme, in which the power elite seems to b ...
Hobby Lobby Decision Creates Small Island of Freedom in Ocean of Statism
July 07, 2014
This week, supporters of religious freedom cheered the Supreme Court's ruling in the Hobby Lobby case. The Court was correct to protect business owners from being forced to violate their religious beliefs by paying for contraceptives. However, the decision was ...
Gerald Celente on Marijuana Legalization, OccupyPeace and the Solution to Government Gangsterism
July 06, 2014
When are Americans going to see through the charade? Right now they don't have the courage, dignity or self-respect to do so. They don't want to admit they've been conned by their con-manders in chief. They don't want to believe they bought the lies of hope and ...
French Revolution Meme Persists
July 05, 2014
In the past few months, we've examined articles and editorials that seem to align themselves with a neo-French Revolution meme, odd as that sounds. In fact, each article we've analyzed has presented an argument that income disparity is leading to increased viol ...
Shock: Markets to the Moon … As Yellen Prepares for the Biggest Stock Crash Ever
July 04, 2014
Central banks cannot do anything to avoid asset bubbles and subsequent crashes, according to the head of the world's most powerful central bank, Janet Yellen. We had to read this article twice to make sure we were "getting it." Yellen has decided that screwing ...
Internet Reformation Continuing to Undermine Confidence in Government?
July 04, 2014
We are not surprised by the declining confidence of citizens in the US government. What is there, after all, to be confident about? Congress is posturing and ineffective. The president continues to centralize and further regulate large chunks of the US economy, ...
July 4th Militarist Bunkum (an encore by request)
July 04, 2014
Did you know that 85 to 90 percent of war's casualties are non-combatant civilians? That is the conclusion reached by a nine-person research team in the June 2014 issue of the American Journal of Public Health. The deaths of soldiers who are fighting the war ar ...
Rejoinder: The Wisdom of Adam Smith for Our Own Times
July 04, 2014
Let us celebrate the 291st birthday of the great Scottish economist together and let us rehabilitate his Real Bills Doctrine! Richard Ebeling in the June 3rd issue of the Daily Bell under the same title contributed a much needed reminder of the relevance of Ada ...
Not Over for Obama
July 03, 2014
This is a negative article about a powerful man. President Obama has changed the way US citizens receive health care and now he is convulsing the nation's southern border by deliberately abrogating its security. Love him or hate him, if Obama succeeds in changi ...
The Power of the Powerless
July 03, 2014
In the sixth century BC, the Chinese philosopher Lao Tzu identified the world's biggest problem. Individuals viewed themselves as powerless. The burden of impotence made them resent others and fear life which, in turn, led them to seek power through controlling ...
V Bomb: Governance Is Not the Solution to Corporate Overreach
July 02, 2014
So here is yet another wrinkle, Class V shares. Are they, finally, a panacea? Probably not. Corporations get bigger and bigger, and the people running them accumulate more and more power and wealth. That would be fine if corporations were an outgrowth of the fr ...
Despite the Latest Scandal, Facebook Won't Change
July 02, 2014
The Washington Post has leapt to the defense of Facebook. Both Facebook and the Washington Post are affiliated with US Intel, from what we can tell, so it's probably not surprising. Facebook recently ran an experiment on its users to see if what they read over ...
Scientists and Morality
July 02, 2014
Natural scientists are pretty much committed to understanding the world without reference to morality since if what happens does so because of impersonal forces of nature, there would seem to be no room for consideration of right versus wrong, good versus ba ...
What Exactly Is 'Racism'?
July 02, 2014
I want to look at two words that the State and its hangers-on have employed with much success on behalf of increases in government power. One is racism. The other is equality. What exactly is "racism"? We almost never hear a definition. I doubt anyone really kn ...
BIS Bubble-Blower Warns About Bubbles
July 01, 2014
What an article! Only by treating most every statement as false can we begin to approach the truth. The excerpt notes that corporations are not "taking advantage of the booming stock market to step up investment." In a way, this is surely untrue. Corporations h ...
The Brutalization of the West
July 01, 2014
Al Jazeera uses euphemisms in this article because the reality is incendiary. President Barack Obama is not "going it alone" on immigration reform. He is breaking down the borders of the country he is supposed to defend – illegally so. He may scold Republican ...
A Declaration of Independence from Big Government
July 01, 2014
The Declaration of Independence, proclaimed by members of the Continental Congress on July 4, 1776, is the founding document of the American experiment in free government. What is too often forgotten is that what the Founding Fathers argued against in the Decla ...
Fanning Social Unrest: A Diabolical Strategy With Bad Ramifications
June 30, 2014
This is the second recent article we've noticed that predicts that rich people are going to be attacked over income inequality. Here was our analysis of the previous one: An Unfortunate Politico Promotion? Nick Hanauer, author of the Politico article, was obvio ...
Role of the Alternative Media in Covering Cannabis Legalization
June 30, 2014
The nightmare of law enforcement is having crime go down when criminal acts are legalized. That seems to be what's happening when it comes to marijuana. The above Drug Policy Analysis article was reposted around the Internet because it makes this point. And one ...
Celebrate Independence Day By Opposing Government Tyranny
June 30, 2014
This week Americans will enjoy Independence Day with family cookouts and fireworks. Flags will be displayed in abundance. Sadly, however, what should be a celebration of the courage of those who risked so much to oppose tyranny will instead be turned into a cel ...
Former CIA Spy Robert Steele Wants to Strangle Leviathan With 'Open Source' Governance
June 29, 2014
We do not need the military-industrial complex that President Dwight Eisenhower warned us about. I trace the problem back to Toynbee's observation that "The American Republic will endure, until politicians realize they can bribe the people with their own money. ...
An Unfortunate Politico Promotion?
June 28, 2014
An article in Politico magazine provides us with a relevant dominant social theme that reinforces the precarious position of the predatory one percent – as first presented by Occupy Wall Street. Is the OWS meme revving back up? Too bad. We enjoyed the relativ ...
BOE Head Mark Carney Flunks Economics 101
June 27, 2014
What nonsense is this? A small group of good gray men announce they are fixing prices throughout Great Britain; the West's supine press has nothing to say? These same individuals describe their actions as "significant" and "breaking new ground." Indeed, it woul ...
Legalize Heroin: The Meme Continues
June 27, 2014
Our attention was first drawn to this apparent dominant social theme when marijuana legalization exploded onto the scene. In reporting on the marijuana meme, we began to find evidence that marijuana was not the only drug that might soon be legalized. We have th ...
Yahoo Shock: Markets Are Rigged, Yet Can Be Profitable
June 26, 2014
This article makes points that we have made in the past about the "Wall Street Party" and how equity markets have been positioned for higher-highs. Specifically, this article refers to "high-frequency trading," but in fact, market rigging is an ancient tale. Mo ...
No, We Are Not Fans of 'Open Source' Public Solutions
June 26, 2014
Former spymaster Robert David Steele seems like a sincere and passionate fellow. We're sorry to report, then, that it is difficult for us to fully accept his analysis. We'd like to, as it in many ways matches our own. We, too, have maintained that the Era of th ...
Mechanisms of 'Correcting' Violence
June 26, 2014
Aggression will occur within every society because it occurs within human nature. Every society needs to have mechanisms of correction to address the inevitable violence – that is, theft, physical assault and the threat thereof. The State v. the Individual as ...
New Political Leadership Is No Substitute for Individual Human Action
June 25, 2014
So we learn once more that the US president stands as a proxy for the entire country. If the president, you see, isn't doing his job, then the entire country of some 300 million people can sink into a "malaise." When the president is vibrant, so are you. When t ...
The Advent of Sunni ISIS/ISIL: Directed History Marches On …
June 25, 2014
The above excerpted report refers to four experts, but we don't need experts to tell us what is going on. There are no experts anyway, just people with more or less "education" and certain agendas. Anyone who has been viewing Daily Bell staff reports and editor ...
Progressive? No They Aren't!
June 25, 2014
At my university I was sitting at one of these interminable meetings where sadly much time is wasted and little gets done. But during one of the discussions the person who was the leader made the point that there are faculty members of different political persu ...
The Difficult Proposition of Frontier Markets
June 24, 2014
Frontier markets are certainly "big," as in the next big hustle. Here at High Alert we've made the point continuously about the Wall Street Party – a regulatory and monetary phenomenon that we believe may move the Dow to 20,000 or more before it's over. We te ...
The Unraveling of the Warmist Meme Is a Profound Development for Our Time
June 24, 2014
How much negative publicity can warmism take? This article by Christopher Booker of the UK Telegraph was featured on the Drudge Report, seen by millions if not tens of millions. It states succinctly that NOAA – see above – has been manipulating surface temp ...
The Rebirth of Austrian Economics
June 24, 2014
Forty years ago, during the week of June 15-22, 1974, the Austrian School of Economics was reborn during a conference in the small New England town of South Royalton, Vermont. Why was this important? Because the economists of the Austrian School have developed ...
Bloomberg Shock: Financial Regulation Should Evolve Along With Central Banking Policy
June 23, 2014
Leviathan's bold policy makers are busy launching a whole new rationale for perfervid market interference: Central banking policy is evolutionary and thus regulatory policy needs to be as well. You read that right. Regulations should be written so that they can ...
Failed Strategy Redux: Italy Wants More Europe, Not Less
June 23, 2014
We've been continually predicting this evolution ever since recent elections showed more and more "Europeans" are rejecting both the euro and the European Union. Eurocrats believed that implementing the euro would eventually prove economically destructive but t ...
Opt-Out of Common Core, Opt-In to The Ron Paul Curriculum
June 23, 2014
Oklahoma recently took action to protect the state's children from the federal education bureaucracy by withdrawing from Common Core. Common Core is the latest attempt to bribe states, with money taken from the American people, into adopting a curriculum develo ...
Ron Paul on the Evolution of Freedom in the 21st Century
June 22, 2014
I think the most important thing is education, spreading the message, which is where we're having success, and getting people to understand free-market economics – why it's good and why it's beneficial to the largest number of people and the reason we had a l ...
Is War Part of a Wall Street Party?
June 21, 2014
The drums of war are beating, as Paul Craig Roberts pointed out in a recent, controversial column posted at The Daily Bell. Certainly, he has a point. In this article, I'll review his arguments in light of the continued evolution of military and political tensi ...
The New South: Fighting a Civil War or a Revolutionary One?
June 20, 2014
This editorial is startling because it marries strong rhetoric to a simplistic view of the US South and its apparently irredeemable backwardness. The putative reason to write this editorial is because of the publication of a new book that argues that Northern d ...
Marijuana Ventures Make You Feel Disgusted
June 20, 2014
It's happening throughout the US: Entrepreneurs are finding niches to exploit the coming marijuana legalization. There are an increasing number of media reports about various ventures. This article mentions two of them. The first is a company that delivers mari ...
What Keynes Has Done To Us
June 20, 2014
The essential economic problem we confront today is that our dominant Keynesian intellectuals have abandoned reality. They do not grasp what they have wrought with the mountainous loads of debt and malinvestment that are overwhelming us. Much of this burden mus ...
Another Fed Forecast Reminds Us of the Logic of Central Bank Conspiracies
June 19, 2014
The Federal Reserve has cut its growth forecast but we know that such conclusions are bound to be faulty because the numbers being used are inaccurate and the assumptions behind Fed pronouncements are illogical. It is hard to constantly remind oneself of the es ...
Reforming the Corporation: How Far Does One Go? Not Far Enough …
June 19, 2014
Milton Friedman is for the most part considered a great man by free-marketers. But when one looks at his work dispassionately several questions arise. How could someone so motivated to enhance marketplace freedom come up with the idea of "income-tax withholding ...
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