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To Tolerate Spying, We Need to Trust Government
June 21, 2013
In our quest to analyze the mainstream media's dominant social themes, we sometimes discover ones that surprise us. This is such a time. This Reuters article makes the case that one need not determine whether what is going on in the Western world regarding snoo ...
Obama Versus the Tea Party
June 21, 2013
The Tea Party rally mentioned above was gathered to hear congressmen that at least to some degree have backed DC's security state. They are obviously for freedom ... but just not too much of it. Nonetheless, what the Gateway Pundit is observing is correct: In a ...
The $400,000,000 Story, Part I
June 21, 2013
This week's Solari Story from Catherine Austin Fitts is titled "The $400,000,000 Story, Part I." Here's a bit of the transcript: I had just started as Assistant Secretary of Housing and one of my deputies came up to me, grabbed me by the shoulder and he said, " ...
Money Power: Even a Whisper Is a Shout
June 20, 2013
For years, we've tried to explain that monetary policy is what influences markets the most. This is not an idle speculation by any means. If people internalize the realities of modern economics, then they will be better able to protect their own investments and ...
Shale Oil: Desperation of the Globalists
June 20, 2013
This article tends to confirm our thinking that the top globalists are most worried about the ongoing Great Recession and are willing to do almost anything to strike a balance between chaos and prosperity. As we've pointed out in other articles, there seems to ...
Rubio Advances NAU or Just His Own Career?
June 20, 2013
Marco Rubio was seen by some as an up-and-coming presidential contender. But presumably the cost of maintaining his position within the GOP's upper reaches itself is being a point man for this immigration bill. The bill weighs in at 24 pounds, we're told, and t ...
The Strange Case of Lagarde, Influence Peddling and the IMF
June 20, 2013
We are led to believe that world leaders are hardly flesh and blood. They arrive at the pinnacle of success via terrific intellectual vigor and by almost supernatural cleverness. In fact, as this letter reveals, the topmost leaders in the world are enmeshed in ...
Gallup: Faith in Basic US Institutions Erodes
June 20, 2013
Maybe people aren't paying attention, but the news about US institutions is abysmal. Congressional approval is near the single digits and even President Barack Obama is not receiving the adulation of years past. In Germany some 300,000 once turned out to hear h ...
Is India's New Snooping a Good Idea?
June 20, 2013
It is fashionable to pooh-pooh the idea of directed history. But how does one explain the convergence of large democracies and their increasing affection for authoritarian invasions of privacy and freedom? Now apparently India is embarking on the same pathway o ...
UK Telegraph: 'We No Longer Have Free Markets'
June 19, 2013
We can hardly keep track of how many times the alternative 'Net media, including ourselves, have been proven correct in the past few months. The war in Afghanistan is an admitted failure; the world is swimming in shale oil; central banking's credibility shatter ...
Prosecuting Ratings Agencies for Mortgage-Backed Failures Misses the Point
June 19, 2013
US prosecutors are upset that Standard & Poor's apparently was "over-optimistic" about certain mortgage-backed securities in order to "grow its ratings share" and generate increased fees. Supposedly, S&P and other ratings agencies should have been firm about ma ...
Will Globalism Invade the US via its Cities? The Daily Beast Thinks So
June 19, 2013
It is almost impossible to defend the US federal government these days. Mired in something like 50 wars, endless corruption, attacking certain ideologies with destructive taxation and spying on whole populations of citizens, even the Daily Beast has apparently ...
Apple Co-Founder: This Is Not My America
June 19, 2013
Just the other day, we wrote about how when a culture loses its intellectual "buy in," that culture begins to lose cohesion. The long slide begins. A feedbacker was kind enough to send us some quotes from legendary free-market economist Ludwig von Mises. He wro ...
Trying to Silence the Rebels Within
June 19, 2013
Many years back I was a candidate for a Congressional Fellowship that was administered by a group of prominent academic philosophers. I had made it into the final list of three and flew East to be interviewed, which would decide the matter of who gets the posit ...
Central Banking: From Bad to Worse
June 18, 2013
Another quietly adulatory article. One would not think, given the continued coverage of Federal Reserve chairman Ben Bernanke and other powerful central bankers, that the prestige of the entire institution has come under considerable attack in the past decade a ...
Vietnam Redux? US-Taliban Peace Talks Announced
June 18, 2013
The final act of this phony war has commenced, and it is no more sincere than any other part of it. The Taliban "terrorists" have not been defeated and presumably there is no need for them to negotiate in good faith. Taliban leaders – both Afghan and Pakistan ...
Cameron's Transparent Trade Ploy
June 18, 2013
British Prime Minister David Cameron is under attack on all fronts. The British economy is sprawled on the world stage like road-kill, British unemployment remains agonizingly high and the furor over Britain's continued presence in the European Union is causing ...
Central Planning Is Responsible for Germany's Green Catastrophe
June 18, 2013
This Economist blog article starts out in a promising way by analyzing the reality surrounding Germany's power industry: State policies are contradictory and not working. In fact, the Energiewende was destined not to work because Germany's energy policy, like E ...
Washington Is Insane
June 18, 2013
In the 21st century the two hundred year-old propaganda that the American people control their government has been completely shattered. Both the Bush and Obama regimes have made it unmistakenly clear that the American people don't even influence, much less con ...
Shock: Iceland Defies EU, Freezes Membership Bid
June 17, 2013
The mainstream press was in full cry over Edward Snowden late last week, but there was big news regarding Iceland and the EU. Iceland's new government is no more apt to speed an entry into the EU than previous administrations. Representatives reaffirmed a decis ...
Shut Down the IMF
June 17, 2013
Actually, the IMF has been getting it resolutely wrong for decades. But we are supposed to accept its wisdom because it is large and the governments of countries around the world contribute to it. For us, that mostly shows the power of the Anglo-American allian ...
Syrian War Is Probably a Good Investment Opportunity for Some
June 17, 2013
We expect the US to go to war fairly directly with Syria any time now. The only real suspense is how US, British and NATO leaders will justify it. All this palaver and breast-beating is just for show. The West, under its critical mass of generals, politicians a ...
Criminal Malpractice: Fitch Blasts China, Predicts Implosion
June 17, 2013
At the end of this article, we'll reveal where the "malpractice" mentioned in this headline lies. But first, at the risk of repeating ourselves, let us remind readers, "We told you so." For years we've been writing that the Chinese Miracle is nothing more than ...
Chinese Leaders Turn to Urbanization to Cure Economic Woes
June 17, 2013
In the previous article, we pointed out that Fitch just discovered what Daily Bell readers have known for years, that the Chinese Miracle isn't exactly what it seems to be. What created the "miracle" and continues to support it is an almost-impossible-to-compre ...
Inaccuracy of TIME
June 17, 2013
Those who run TIME magazine are virtual card-carrying members of a globalist elite that constantly seeks a more internationalist business and economic environment. This "poll" can surely be seen as just another "limited hangout" designed to protect the agenda o ...
Obama's Syria Policy Looks a Lot Like Bush's Iraq Policy
June 17, 2013
President Obama announced late last week that the US intelligence community had just determined that the Syrian government had used poison gas on a small scale, killing some 100 people in a civil conflict that has claimed an estimated 100,000 lives. Because of ...
Richard Ebeling on Higher Interest Rates, Collectivism and the Coming Collapse
June 16, 2013
The Daily Bell is pleased to present this exclusive interview with Richard Ebeling. Daily Bell: It seems like a symptom of a larger dysfunction. You wrote an article recently implying the US was slipping into fascism. Is that a present danger, in your view? Ric ...
Should People Fear Private Sector Snooping More than Government's?
June 15, 2013
Over at The Atlantic, Zachary Karabell has discovered a double standard regarding corporate versus private "big data surveillance." We're approaching the issue all wrong, he writes. We should not accept that the issue is American freedom versus potential Big Br ...
Now Naomi Wolf Has 'Creeping Doubts' About Edward Snowden
June 15, 2013
Naomi Wolf has doubts, too. A brilliant libertarian, she is seeing what we see regarding this affair. We've written about it already. You can see the article here: Is Snowden for Real? Doubts Set In Our doubts about Snowden have to do with the tremendous amoun ...
US Citizens Doubt Their Political Institutions, Especially Congress
June 15, 2013
Surely this is a trouble number, that only ten percent of the US population has any confidence in the US Congress. Of course, we are aware that these same individuals may have more confidence in their own congressperson than in the larger group. But still this ...
Bloomberg: Government Directs the Private Economy … Is There a Name for That?
June 15, 2013
This Bloomberg article is a good example of an emergent dominant social theme ... that private contractors work with the government for the good of the republic. The article actually quotes a top government man as saying this. Our question is ... what republic? ...
The Fire Next Time: Protests Against Free Markets Fizzle?
June 14, 2013
First Occupy Wall Street and now the G8 protests – the efforts at further demonizing free-markets seems to be failing. It has an old history, of course, going back to US hearings in the 1930s that created public markets, self-regulatory organizations and, in ...
Striking a Blow for More Efficient Taxation
June 14, 2013
Free-Market Analysis: The research by Morse and Tsoutsoura (see above) continues to make a splash and has been codified in this Spring issue of Chicago Booth magazine because it offers government officials a new way of calculating tax evasion. By using bank loa ...
Superman Subsiding? Emphasis on Superheroes Reveals Multi-Culti Crisis
June 14, 2013
Is Hollywood relying on superheroes to create mass-marketed movies because society's dominant social themes don't work anymore? All human societies rely on cultural myths to provide the "glue" of commonality. But what can you say about a culture that uses made ...
Public Television Eats Its Own
June 14, 2013
In both Britain and the US, public broadcasting is responsible for the cult of the politician. These programs regularly market the genius of Churchill, Lincoln and FDR. Other leaders are equivalently demonized. Bureaucracy is held up as absolutely necessary. Th ...
Another Pundit Bites the Dust
June 14, 2013
The Internet does us the favor of occasionally freezing people's beliefs in a kind of intellectual amber. Even top pundits are revealed this way. R. Emmet Tyrrell, an eminent conservative commentator and longtime editor of The American Spectator, a droll and wi ...
Take Time to Understand Banking
June 14, 2013
In an article yesterday, we pointed out that central banks are the unacknowledged aggregate sun of the financial solar system. In this article from Reuters we find further proof of this perspective. The editorial is stating just what we explained: That too much ...
Copernicus, Galileo and Gold – Part II
June 14, 2013
The development of economics and the development of astronomy share interesting parallels. Aristarchus of Samos – the Greek island that produced Pythagoras – was born in 310 B.C. Aristarchus set astronomy on the path that would have led to its correct devel ...
Why Is the Fed's Incredible Clout Not Even Worth Questioning?
June 13, 2013
Here is a dominant social theme so subtle and powerful it is not even commented on. This article makes much of the Fed's Ben Bernanke's power when it comes to influencing markets. But the idea that one man and his backers should have so much clout is never even ...
Italy Confronts Germany, Adding Additional Euro Pressure
June 13, 2013
Greece has been relegated to the status of a Third World country, the complicity of German leaders with the ever-inflating ECB is due for a judicial hearing, British leaders are committed to a referendum on whether Britain should pull out of the EU entirely, Sp ...
Is Snowden for Real? Doubts Set In
June 13, 2013
Over the weekend, we published two initial articles explaining why what we will call the Snowden affair is not to be taken literally. As some Daily Bell feedbackers have pointed out, it doesn't matter much, however, as the explosive leaks have set off a volcani ...
Farce: Silicon Valley Will Fight Against Government Snooping
June 13, 2013
Mozilla is striking a blow against US government snooping. This was predictable, though the level of hypocrisy is high, indeed. In the above excerpt, Mozilla states that revelations about government snooping "confirm our worst fears." But Mozilla gets most of i ...
Location-Based Transparency
June 13, 2013
This week's Solari Story from Catherine Austin Fitts is titled "Location-Based Transparency." Here's a bit of the transcript: When I left the Bush Administration I said, "We don't need the government to provide us with annual financial statements. The governmen ...
What the Papers Aren't Reporting About the NSA Scandal
June 13, 2013
Behind every great fortune is a great crime, said French novelist Honoré de Balzac. What crime lies behind Booz Allen Hamilton? Fraud, mostly. More on that in a moment... The Dow fell -116 points yesterday. Gold fell $9 an ounce. Still no clarity in the market ...
What is the Government's Agenda?
June 13, 2013
It has been public information for a decade that the US government secretly, illegally and unconstitutionally spies on its citizens. Congress and the federal courts have done nothing about this extreme violation of the US Constitution and statutory law, and the ...
Worthless Constitution?
June 12, 2013
Nope. The US Congress is a political institution and in the modern era, political institutions are part of the problem, not part of the solution. In fact, Western regulatory democracy is only about 400 years old, and for most of the past millennia, the idea tha ...
Western Workers Lose Faith in Retirement?
June 12, 2013
Modern stock markets can provide profits, even tremendous profits, but they surely should not be seen as a panacea for a larger commitment to self-sufficiency and monetary diversification. Those who trusted government propaganda over the efficacy of equity and ...
Progressive Thom Hartmann Calls for Disbanding of Homeland Security. Is it Enough?
June 12, 2013
You know something has gone wrong with modern Leviathan when even the great progressive Thom Hartmann demands a rollback. Hartmann has wide distribution via Aol.com and various radio channels. He is very good, too, as a political commentator because he has an a ...
Copernicus, Galileo and Gold
June 12, 2013
We are deceived when we consent to think about the "price of gold." At the very outset of our thoughts regarding gold, we are wrong, just as astronomers prior to Copernicus were wrong in thinking about the solar system as geo-centric, with the Sun, Moon and pla ...
The Rule of Law – In Classical Liberalism and Libertarianism
June 12, 2013
Classical liberals and libertarians, especially those who admire the works of the famous legal theorists and economist F. A. Hayek, are fond of pointing out that a free society requires the rule of law. Others, critical of this political tradition, note, howeve ...
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