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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 ...
Cameron Attacks Little Englanders
June 11, 2013
Free-Market Analysis: We recently ran an article about David Cameron's latest promise to hold an in-or-out referendum on Britain's involvement in the European Union; in it we explained that this time the Tory promise was to be enshrined in legislation, and thus ...
IEA Shock Reversal: Governments Should Use Force to Ration Coal
June 11, 2013
A huge change in sociopolitical policy is about to take place. The hammer is coming down on Green economics ... specifically the use of coal. Once upon a time, there was alcohol prohibition. Now there is to be coal confiscation. Force is to be substituted for m ...
No Fan of Natural Law, Boehner Calls Snowden a Traitor
June 11, 2013
Sometimes an event comes along that crystallizes an individual's real character and set of beliefs. The Internet itself often galvanizes this by relating the solution directly to the problem. One can see the reality so much more clearly. In this case, with four ...
Crushing the Middle Class
June 11, 2013
Like a carefully memorized religious incantation, politicians and central bankers continually stress how their stimulus policies are designed to promote the interests and prosperity of the middle class. Cynical observers may note that this brave political stanc ...
Edward Snowden: Limited Hangout or a Globalist Step-Back?
June 10, 2013
You read it here first over the weekend: Like Julian Assange and Occupy Wall Street, Edward Snowden is likely part of a larger dominant social theme, a manipulation created and supported by globalists who have created the world's mega-surveillance state and now ...
Where Was Mainstream News While the Surveillance State Was Expanding?
June 10, 2013
This is a factual article about the erosion of Western freedoms over the past 100 years. Even now, however, it does not mention the proximate cause for this erosion is central banking and the ability of a privileged few to control entire economies via money pri ...
Austerity Has Failed … So Guardian Suggests 20th Century Regulatory Leviathan
June 10, 2013
This opinion piece in the UK Guardian is a mixture of profound insight and naïve analysis. It also provides us with a predictable meme: Government knows best. The article is advancing the idea that the financial elites running the IMF and the rest of the world ...
Did Small Business Doom Portugal?
June 10, 2013
This article advances the notion that government corruption has kept business small in Portugal and resulted in a lack of manufacturing progress. The article asks us to believe that small is inefficient, large is efficient and that sheer size can force economie ...
Have Obama's Backers Decided to Jettison Him?
June 10, 2013
There are many theories about why Richard Nixon was impeached and removed from office but the most sensible one we've heard is that his topmost backers grew angry with his tariffs and generally protectionist attitude regarding US business. Soon, Nixon was depos ...
Government Spying: Should We Be Shocked?
June 10, 2013
Last week we saw dramatic new evidence of illegal government surveillance of our telephone calls, and of the National Security Agency's deep penetration into American companies such as Facebook and Microsoft to spy on us. The media seemed shocked. Many of us ar ...
Mark Skousen on FreedomFest 2013 and Why It Will Be the Biggest and Best Ever
June 09, 2013
The Daily Bell is pleased to present this exclusive interview with Mark Skousen. Here's a snippet. Daily Bell: What kind of financial workshops might take place at FreedomFest? Mark Skousen: We offer a full 3-day investment seminar at FreedomFest, with top expe ...
Krugman Misses the Point
June 08, 2013
Paul Krugman recently published a column called "The Unbearable Lightness of Being Right." In it, he once again explains failures of so-called "austerity" and defends his own perspective, which is thoroughly Keynesian. Now, within the context of free-market eco ...
Reuters: People Demand Government Action to Subdue Internet Surveillance
June 08, 2013
Here's an interesting twist. The mainstream media is filled with reports of vast surveillance mechanisms that have now been emplaced thanks to the evolving structure of the Internet. Now, any time the mainstream media gets involved in broadcasting a particular ...
Was Guardian 'SpyGate' Article Planted to Support Pending British 'Snooper' Law?
June 08, 2013
Please excuse our cynicism. When it comes to major Western media, nothing is what it seems. Bottom line: Major media in the West is without doubt controlled by major corporate entities, often globalist in terms of their sympathies. The Guardian, a leftist newsp ...
What Don't We Understand at This Point About Economics and Unemployment?
June 07, 2013
This is a statistic that just doesn't budge. Much of the happy talk about high stock markets and rising real estate prices doesn't affect the basic reality of the US economy: It has nowhere else to go but up, but it is not getting there. This lends itself to cl ...
Do Generations Need to Compete Over Healthcare?
June 07, 2013
What is a nation anyway and why should different age groups be pitted against each other? That seems to be the fashion, however, when it comes to analyzing retirements and how they operate. We've commented on this before because the Baby Boomer generation has b ...
Deviant Globalization: Another Sign of the Internet Reformation?
June 07, 2013
Let us try to put this as plainly as possible. What is being labeled here is the ability of individuals to link together using electronic devices to do things that the state is not in favor of. Whether it is Bitcoin or various kinds of information sharing that ...
Thinking an Unthinkable: No Voting Right for Those Living at the Taxpayer's Expense
June 07, 2013
One of the most sacred ideas in our democratic era is the belief in the universal and equal right of all citizens to have the voting franchise. Yet some have argued against this "right." But their challenge to an unlimited right to vote has not been based on gr ...
Blocked up With Yucky Stuff
June 07, 2013
Yesterday, Mr. Bernanke's price-fixing scheme ran over a speed bump. The Dow dropped 216 points. Just a jolt, for now. The brick wall is still ahead. But we will try to give the devil his due. First, this from our own right-hand man, Chris Hunter (investment di ...
Lies the IMF Tells?
June 06, 2013
Who believes this stuff anymore? The point of the IMF's attack on Greece, so far as we can tell, was to show the rest of Europe that the arm of Brussels was long and strong. The unbreakable will of the Eurocrats was to be on full display and those who were to c ...
Obama Admin Ups Social Costs of Carbon Damage by 60 Percent
June 06, 2013
The whole issue of carbon dioxide in the atmosphere is questionable but that doesn't stop the Obama administration from enshrining carbon costs in the larger regulatory structure, as we can see from this insightful article. The moves of the administration in th ...
Federal Financial Ignorance
June 06, 2013
This week's Solari Story from Catherine Austin Fitts is titled "Federal Financial Ignorance." Here's a bit of the transcript: "It was 1989 when I became Assistant Secretary of Housing. I’m a great believer that the first thing you want to understand about an ...
Pay Down Your Debt
June 05, 2013
We've warned about a deleveraging bond market. When Western economies are seen as weak and their currencies weaker, then investors around the world don't want to buy bonds and rates rise. This makes the bonds that people and institutions already hold worth less ...
In England, Property Millionaires Are Booming
June 05, 2013
What are we to make of all this? Britain is headed into a dreaded triple-dip recession and unemployment is not as high as in the Southern PIGS but it is quite high nonetheless, especially for the young. A debt crash threatens and regulations and taxes continue ...
EU Referendum Looks Serious This Time for Britain
June 05, 2013
This is a surprising development and one we believe has been caused by UKIP, the quasi-libertarian British party that has been growing quickly. Now it looks as if long-suffering Brits will finally have a say as to whether or not they wish to be ruled via Brusse ...
Brazil's Indian Dilemma
June 05, 2013
There are factions of Western media, as we have long pointed out, that want to portray the BRICs and even South America itself as similar to the West. That is, possessed of a homogeneity that is similar to European countries, or even the United States, which h ...
Coming to the End of a Deceptive Lull
June 05, 2013
"Some debts are fun when you're acquiring them, but none are fun when you set about retiring them." ~ Frederic Ogden Nash We may be coming to the end of a phase that was widely perceived as "a return to normalcy." Recovery hopes have been held high, sponsored m ...
A Precis on Humanism
June 05, 2013
In modern times humanism has been associated with Karl Marx and one of his teachers, Ludwig Feuerbach. The latter was an atheist who believed that it wasn't God who created man but the other way around. Since, however, this left no one to command us to do the r ...
Kidder! Could Central Banking Contribute to Income Disparity? Fed Investigates
June 04, 2013
This seems typical of the world we live in. The US government – leviathan – seems irretrievably broken, yet the mainstream media continues to treat the empire as if it were a republic. Almost every industry now is regulated, controlled and coerced and yet t ...
What the BIS Is REALLY Worried About
June 04, 2013
Actually, the BIS is doing what central bank executives do all the time, which is meet to create the problem its representatives then publicly identify from the podium. In other words, say you are a central banking boss. You meet and decide how much money to pr ...
Poverty: Now You See It, Now You Don't
June 04, 2013
We are not so impressed as the Economist with these poverty numbers. Have the wise editors at the Economist looked around at the West recently? How about the US where 40-plus million are on food stamps? Or Greece or Spain where half the youth population is unem ...
America's Greatest Affliction: The Presstitute Media
June 04, 2013
When Gerald Celente branded the American media "presstitutes," he got it right. The US print and TV media (and NPR) whore for Washington and the corporations. Reporting the real news is their last concern. The presstitutes are a Ministry of Propaganda and Cover ...
For Whom Does the System Work: An Idle Question?
June 03, 2013
Is it an idle question to ask for whom the system is working? Perhaps so, but perhaps not ... not if the West's central-bank oriented system ceases to work for a large number of citizens. This, in fact, is not an idle observation. In Europe, youth unemployment ...
The Problem of Leviathan
June 03, 2013
For some, congressional action regarding the current scandals besetting the Obama administration are proof-positive that the system works. But for others, the plethora of troubles under scrutiny in Washington, DC is proof of a larger problem, which is that the ...
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