EDITORIAL
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December 05, 2015
The news is catching up to us. The Daily Bell was founded on the idea that Western culture was invaded by elite memes that shaped public opinion. Today that doesn't seem so radical but even a decade ago when The Daily Bell's approach was being formulated, most ...
December 04, 2015
The consensus once again seems building that finally, this time, Yellen and company are going to hike. Her testimony to Congress yesterday seems to have sealed the proverbial deal. She spoke notably about "overshooting." "Were the FOMC to delay the start ... fo ...
December 04, 2015
Over at LewRockwell.com, Fred Reed has posted an insightful article on government responses to terrorism. Written from a libertarian standpoint, its main thesis is simple but often overlooked: Government cannot protect us from the consequences of its "long wars ...
December 03, 2015
It is incredible to us that anyone looking at the reality of the US economy could construe it as healthy, but obviously people do. MarketWatch tells us that in a speech on Wednesday, Yellen seemed to leave "little room for doubt" about a hike. Yes, Yellen is bu ...
December 03, 2015
Another horrible attack by armed gunmen against unarmed civilians. This one, once more in the US, has left a significant toll of wounded and dead – and was covered in detail by the major media on television and by the alternative media on the Internet. In fac ...
December 02, 2015
Once we were even more callow than we are now. Listening to a speech by Dennis Lockhart 15 or 20 years ago (see above excerpt), we probably would have been enormously impressed, thinking he sounded judicious, modest and yet at the same time almost infinitely wi ...
December 02, 2015
Do guns kill people, or do people kill people? We think it's the latter. It's the reason that the British are now suffering from a rash of murderous biting. Sorry, we just made that up, and, sure, it's nothing to joke about but it could be true. The Brits – l ...
December 01, 2015
It is popular in the Western media to bemoan the fall of the West and the rise of the East. Yet what we have here is peculiar: A Western-controlled institution, the International Monetary Fund, facilitating the ascent of China as a great monetary power despite ...
December 01, 2015
Little noted in the English media, French television reporters have recently been grilling officials who have confessed to running terror drills featuring a "mass shooting" on the morning of the Paris attacks. At the same time, libertarian politician Ron Paul h ...
November 30, 2015
You would think from the mainstream media analysis of what's going on in the European Union that nobody had foreseen this sort of migration. But as we and other alternative media outlets have pointed out, it's entirely predictable given the amount of violence a ...
November 30, 2015
This is a great public relations coup for the US Census Bureau, one of the more invasive of US agencies and thus a department that is always thinking of ways to better its image. And what better way than to officially recognize a "language" spoken by non-white ...
November 29, 2015
I have long maintained – based on empirical proof – that "the dollar's" level is not only not correlated to "gold," but shouldn't even logically have a connection. In fact, two years ago I said the dollar index would surge as the global economy collapsed †...
November 28, 2015
Francois Hollande has come into his own. After nearly bankrupting France and raising taxes so aggressively that he has driven many of France's best and brightest abroad, Hollande has found his voice as a wartime president. He is leading the charge against "terr ...
November 27, 2015
This CNN article is basically a recap of the accepted Middle East narrative as it now stands. What's going on in the Middle East increasingly resembles – on the surface – an evolution of the "great game" that created World War One. Let's recap the recap so ...
November 27, 2015
Actually, it wouldn't. And we're not sure the BIS is really worried about it. The report may simply be an exercise in predictive analysis. After all, if you are the dominant force in your industry, you have to anticipate challenges. Of course, there is the theo ...
November 26, 2015
One of Wall Street's fundamental memes is that no matter what is going on in the larger market, one should always be prepared to sell gold. Precious metals could devalue down to nearly nothing and still the cry would be raised on Wall Street to "sell." This ana ...
November 26, 2015
What is racism? USA Today is available to enlighten us. This article by Eric S. Yellin, an associate professor of history at the University of Richmond, makes a number of points about the subject. Racism, as we wrote earlier this week, is becoming a fashionable ...
November 25, 2015
Fortune magazine gives us a heads up on what the Federal Reserve may soon mandate for banks, as can be seen in the excerpt above. The test is actually fairly simple, though doubtless the details are complex. First the Fed figures out how much money a bank would ...
November 25, 2015
It's nice that NATO is concerned about world peace. Russia seems angrier. Following Turkey's downing of a Russian jet near the Syrian-Turkey border, Vladimir Putin called Turkey's actions a "stab in the back." What Putin meant by this was that Russia was removi ...
November 24, 2015
Will the Fed really hike? Savvy market observers have maintained that the Fed is trapped due to the enormous size of the US national debt. It can't hike too hard or too fast. Perhaps it can't hike at all. This is why we've been pointing out that it is preferabl ...
November 24, 2015
The Hegelian dialectic is proceeding apace. We learn about the above "pushback" from "The College Fix." This was predictable, was it not? These are indeed interesting times. All of a sudden there are new, "vibrant" feminist movements on campus. Hillary is runni ...
November 23, 2015
NBC, like most of the mainstream media, is in full cry about how to defeat ISIS. Of course, it might be helpful to figure out where ISIS came from and how it got to be as formidable as it is (if indeed the acts attributed to it are true). We made a stab in this ...
November 23, 2015
Peter Bergen believes Syrian refugees trying to gain entrance to the US are no threat. But as we can see from the above excerpt, Congress is not so sure and appears to be on its way to passing a bill that would further scrutinize anyone from Syria – and thus ...
November 22, 2015
Most people survive most catastrophes, including most of the great ones. Most of the people who were affected in fact survived Genghis Khan's invasion, the Black Plague, the fall of Constantinople, the Thirty Years War, the 1918 influenza pandemic and the purge ...
November 21, 2015
Politico tells us that the "Fed pushes back as Congress eyes its billions" and that "Congress is aiming to take billions out of the Fed's accounts to help pay for a new highway and transit bill." Beyond explaining the intentions of Congress in this regard, the ...
November 20, 2015
According to this recent Journal article, gold is weak and getting weaker. Here's a pertinent quote from the article: The only time we see buyers in the market is profit-takers or short-covering," said Graham Leighton, a precious metals broker at Marex Spectron ...
November 20, 2015
One wonders why perpetrators of mass killings are rarely taken alive. Perhaps it is hard to do so, but let us recall pertinent circumstances regarding the Boston Marathon bombing. Here is what conservative/libertarian commentator Dr. Paul Craig Roberts has to s ...
November 19, 2015
This release excerpted above is interesting because it affirms Jim Rogers's abiding interest in Russia and China. While Rogers has made better and worse calls like any other "guru," his instinct about China so many years ago has proven correct, at least to the ...
November 18, 2015
Tough times call for tough measures and in this article, we'll discuss the ramifications of the resolute countermeasures that President Francois Hollande is prepared to take. The bill to declare an apparently open-ended "state of emergency" in France is being p ...
November 18, 2015
We wrote this Reuters article! Not really. But we were astonished when we read it, because it makes all the points that we made in a previous article of ours called "Who Is the Enemy Here?" An article about the House of Saud might seem to have a geopolitical fo ...
November 17, 2015
The tightening talk is picking up. Principal Global Investors manages some US$350 billion, much of it in retirement plans, and its officials "now assess the likelihood of a December rate rise at 54 per cent," according to Investor Daily. A March rise is assesse ...
November 17, 2015
This article informs us that France seeks a military coalition to fight the Islamic State in Syria and intends to bomb Syria to a bloody pulp to get rid of the terrorist organization. Addressing lawmakers after France observed a minute of silence honoring the 1 ...
November 16, 2015
Our thoughts and prayers are with those hurt and the families of those killed during the Paris attacks. According to various reports, over 130 have now died. Here's some of what's been reported as of this writing: Two restaurants were targeted: Le Petit Cambodg ...
November 16, 2015
Serious secession movements are being pursued around the world – an expanding trend of what we call the Internet Reformation. It has other ramifications, as well, because secessionist unrest can provoke central government reactions, causing monetary and fisca ...
November 15, 2015
In 2016 we expect the UNGASS to issue a harm reduction recommendation where illicit drug consumption and possession would not be criminal acts that could lead to a prison sentence. This is a sane policy position. Prison sentences for illicit drug users are clea ...
November 14, 2015
This week the government of Colombia took a giant step forward in its peace process. How? Well, if you haven't heard yet, Colombia announced it had formalized a legal framework to regulate the research and development, legal cultivation, processing and exportat ...
November 13, 2015
Reason magazine does a good job of tracking police brutality, especially when it comes to the drug war. In this case, they report on an Idaho police shooting of a locally well-known rancher. It's certainly a ghastly tale and deserving of the attention it is get ...
November 12, 2015
Millions of people are angry and depressed or just, plain dead. Political systems are convulsed. Europe trembles on the edge of civil war or worse. But in this just-posted article at Fortune Magazine, the immigration crisis is a teachable moment. The wonkery of ...
November 12, 2015
This is indeed an earnest blog, written for personnel involved with military actions. There is an almost palpable delight in the elucidation of various strategies that might be employed in the upcoming Syrian war. Notice how our excerpt concludes, with the ques ...
November 11, 2015
This squib of a story (and revealing graphic) in The Wall Street Journal provides insight into the makeup of the current Federal Reserve. It shows a significant lessening of banking participation and the rise of academic involvement, including research economis ...
November 11, 2015
Ordinarily we would post something on a different topic given that our first article examined central banking. However, this report (see above) on the Republic debate is important to note, as it provides further evidence of opposition to a central Fed meme – ...
November 10, 2015
There's a lot of pressure on the Federal Reserve these days to cut rates. But as we'll show in this article, the real question is a good deal more serious and complex. First rates. This is currently the mainstream media's financial obsession. It's buttressed by ...
November 10, 2015
Is the Syrian war going to plan? It wouldn't seem so ... or not from the West's view anyway. The Assad administration is still in power and even the "moderate terrorists" that Washington is said to back haven't been able to dislodge him. And yet ... perhaps thi ...
November 09, 2015
Let's examine recent Social Security changes as reported in both the alternative and mainstream media. Will the results shed further light on why establishment reporting continues to lose readers and credibility? We'll provide our opinion in the conclusion. The ...
November 09, 2015
As the legalization of cannabis gains traction around the world, the US DEA and other federal drug warriors continue to fight a rearguard action and show little enthusiasm for full-blown marijuana legalization – and certainly not for other drugs. This may wel ...
November 08, 2015
If the Liberal Party follows through as promised, it means the end of cannabis prohibition, which has two major implications: (a) the end of thousands of criminal records for cannabis possession – long understood to be more harmful than the use of cannabis it ...
November 07, 2015
The world's economic implosion is getting closer. It's not something that is a staple on the nightly news, but it is taking place. Because it is not commonly reported, investors may not understand fully how debased the economic environment has become. Japan, Ru ...
November 06, 2015
Commentators often attribute human-like qualities to stocks and stock markets. The market was "waiting" today, they'll say, or is "being patient." Presumably this helps comfort investors who spook fairly easily, especially when markets are making all-time highs ...
November 06, 2015
Those who plot US wars apparently never anticipated Russia's Syrian pushback, which has been extraordinarily successful. Or (we could also speculate and will farther down) Russia's involvement was the point of the whole exercise. This latter supposition presupp ...
November 05, 2015
As The Daily Bell has been warning, growing and marketing cannabis is becoming more complex as the industry expands. In fact, chief editor Anthony Wile has warned investors not to "rush in" because the cannabis industry is in flux and will go through comprehens ...