STAFF NEWS & ANALYSIS Showing 3351 - 2 of 2
Police, Pool Parties and Whiny Bureaucrats
June 12, 2015
News coverage of the McKinney police incident faded quickly once the out-of-control Cpl. Casebolt resigned. Most commentary has been on the racial dimension, but we are more interested in the growing disconnect between the American public and those who are supp ...
Fact Checking Paul Krugman's Claim To Be 'Right About Everything'
June 12, 2015
"But can the debate really be as one-sided as I portray it? Well, look at the results: again and again, people on the opposite side prove to have used bad logic, bad data, the wrong historical analogies, or all of the above. I’m Krugtron the Invincible!" Thus ...
Janet Yellen's Crocodile Tears
June 11, 2015
That the Federal Reserve is an insular institution should surprise no one. Nor should the fact that it lets valuable information leak to the benefit of its friends. This time, however, members of Congress are taking an interest in the matter, and the Fed is not ...
Should Freedom of Association Be Conditional?
June 11, 2015
Sir Patrick Stewart, of Jean Luc Picard/Professor X fame, has recently come under fire for defending the embattled North Irish bakery, Asher's Baking Company, that refused to bake a cake with a pro-gay rights theme: "Stewart called the Asher's case "a delicious ...
The TPP is Not About Free Trade
June 10, 2015
This Reuters opinion article makes some odd claims about China and international trade. It ends by condemning the nascent Trans-Pacific Partnership. There are plenty of better reasons to oppose TPP. The author first blames economic interdependence for China's " ...
The Truth About Gurus
June 10, 2015
Reflecting on my life, I find a warm sense of kinship with Forrest Gump. For the handful of you unfamiliar with the fictional Mr. Gump, he’s a cranially challenged individual who by pure happenstance ends up living an extraordinary life brimming with interest ...
Slave or Rebel? Ten Principles for Escaping the Matrix and Standing Up to Tyranny
June 10, 2015
“Until they become conscious, they will never rebel, and until after they have rebelled, they cannot become conscious.”—George Orwell. The more things change, the more they stay the same. It’s a shell game intended to keep us focused on and distracted b ...
Hungry FBI Creating Fake Terrorists
June 09, 2015
The FBI has a problem. Not enough terrorists are plotting to attack the United States, so agents find they must manufacture more of them. The method appears to be working, too. Dozens of FBI-appointed terrorists now sit safely in prison and no longer threaten t ...
The Tyranny of Trigger Words and College Safe Spaces
June 09, 2015
The media has been full of stories recently about the new sensitivity on college and university campuses concerning the avoidance in courses or assignments of the use of "trigger words" or phrases that may have a "hurtful" effect on students when thoughtlessly ...
Daddy Warbucks Wins Again
June 08, 2015
Iraqi Prime Minister Abadi may be the most honest politician on the planet, at least judging by this one statement. His troops most certainly did "lose a lot of weapons." Let's add this up. Iraqi forces abandoned and/or lost some 2,300 armored Humvees, 40 M1A1 ...
Soros Pushes US Bailouts and Weapons for Ukraine
June 08, 2015
Soros is very close to the Ukrainian president, who was put in power after a US-backed coup deposed the elected leader of Ukraine last year. In the email correspondence, Soros tells the Ukrainian leadership that the US should provide Ukraine "with same level of ...
'Production Versus Plunder' ~ Part 10
June 06, 2015
If you want to analyze a large economic system, the best way to start is by tracking its surplus. Who gathers the surplus? Where does it go? Who decides? And that applies to our modern systems just as well as it does historical systems. THE DEMOCRATIZATION OF P ...
Fishermen Flout Law, Save Lives
June 05, 2015
Government action is necessary, we are told, to solve thorny social problems and keep everyone safe. The Rohingya refugees prove the point wrong. One government drove them into desperation and exile, several other governments refused to help and humble citizens ...
The National-Security State Lives
June 05, 2015
Sen. Rand Paul accomplished something worthwhile when, almost single-handedly, he saw to it that Section 215 of the Patriot Act expired. For that he deserves our heartfelt thanks. But where does the expiration now leave us opponents of indiscriminate government ...
USA Freedom and Obama's Doublespeak
June 04, 2015
Almost everything the president says about the USA Freedom Act is false. He does not at all "welcome" the law's passage. If Obama had his way, Congress would have never even considered this law because the National Security Agency's illegal activities would sti ...
Free Speech, Facebook and the NSA: The Good, the Bad and the Ugly
June 04, 2015
“A person under surveillance is no longer free; a society under surveillance is no longer a democracy.”—Writers Against Mass Surveillance. THE GOOD NEWS: Americans have a right to freely express themselves on the Internet, including making threatening—e ...
Big Brother is Watching Closer Than You Think
June 03, 2015
There was a time in America when fear of government observation would get one accused of tinfoil-hat paranoia. Those days are gone. Thanks to Edward Snowden and other whistleblowers, we know Big Brother is watching. The only question is how close. The newest de ...
The Warfare State Strikes Back Against Rand Paul
June 03, 2015
If you're interested in knowing which scepters of power the Warfare State is most unwilling to relinquish, try wrenching a few from its grasp. The volume of the cacophony will let you know just how grievously the beast in DC has been wounded. And it's never roa ...
Ron Paul and the Political Theatre
June 03, 2015
Students in the state's official propaganda institutions learn about the wonders of the ­­democratic process, so called, throughout their years of formal study. But the truth is on full display during a presidential election season. These are not wise statesm ...
The Ominous Warning in Denny Hastert's Downfall
June 02, 2015
Former House Speaker Denny Hastert's indictment is remarkable for several reasons, not least being the way it exposes the U.S. government's inherent corruption. Why is it that former senators and representatives so often become wealthy? It is because they can d ...
Keynesian Medicines are Not the Cure for China's Ills
June 02, 2015
Keynesians never seem to learn. Every time an economy slows down or reverses gears and "goes negative," in terms of growth and employment, their only answer is a call for "aggregate demand" stimulus and more government spending manipulation. An example of this ...
War, American Style
June 01, 2015
Misty-eyed Americans who sing of "the rockets' red glare" miss the irony the rest of the world sees. All the evidence suggests we love nothing more than lobbing missiles at countries that resist our will. Daniel Larison, the writer quoted above, references this ...
Ex-Im Bank is Welfare for the One Percent
June 01, 2015
This month Congress will consider whether to renew the charter of the Export-Import Bank (Ex-Im Bank). Ex-Im Bank is a New Deal-era federal program that uses taxpayer funds to subsidize the exports of American businesses. Foreign businesses, including state-own ...
Freedom, Global Poverty, and the Failure of Foreign Aid
June 01, 2015
The standard narrative floating about the mainstream press is that the developing world is held back by a quagmire of free market fundamentalism. Sure, there are a few exceptions to this narrative, such as Peter Bauer and William Easterly. But pretty much all w ...
'Production Versus Plunder' ~ Part 9
May 30, 2015
Rome deviates from the cultural pattern we have been examining in that their creativity was not home grown and they did not simply overrun nearby creative peoples. Instead, they gathered to themselves the good ideas of distant peoples and made use of them, with ...
Lollipops and Marshmallows: Another Reason for Cannabis Legalization
May 29, 2015
Efforts to end prohibition of marijuana use by adults in the US continue to move forward at the state level. Legal sales are already underway in Colorado and Washington State with Oregon, Alaska and Washington DC not far behind. Some limited form of medical mar ...
Washington Protects Its Lies With More Lies
May 29, 2015
My distrust has deepened of Seymour Hersh’s retelling of the Obama regime’s extra-judicial murder of Osama bin Laden by operating illegally inside a sovereign country. That Hersh’s story, which is of very little inherent interest, received such a large a ...
Paid-for Patriotism in the NFL
May 28, 2015
If patriotism is the last refuge of scoundrels, the National Football League must be something even lower. Those feel-good moments in the pregame are simply nothing more than your tax dollars at work. On the other hand, we all know the NFL is in business to mak ...
Let the Clock Run Out on the NSA
May 28, 2015
Regarding the feverish effort either to reauthorize, "reform," or abolish the National Security Agency's collection of our phone and email data, two things need to be said: First, thank you, Edward Snowden. Second, isn't it great to see the ruling elite panicki ...
State-Run Lotteries: The Desperation Tax
May 27, 2015
As taxes go, state-run lotteries seem like a good idea. No one forces you to pay, they don't infringe on your privacy, and the games raise money very efficiently. The Washington Post writer points out that lotteries prey disproportionately on the poor. People w ...
The NSA’s Technotyranny: One Nation Under Surveillance
May 27, 2015
We now have a fourth branch of government. As I document in my new book Battlefield America: The War on the American People, this fourth branch came into being without any electoral mandate or constitutional referendum, and yet it possesses superpowers, above a ...
The Bait-and-Switch Behind Economic Populism
May 27, 2015
Argentina will hold elections this year, and a number of provinces will be electing governors. Buenos Aires, the capital city, is holding elections for mayor, and Mauricio Macri, who is stepping down as mayor, is a favorite to become the next president. Toward ...
Central Bank Caught Lying
May 26, 2015
We are not at all surprised that the Bank of England or any other central bank would lie about its activities. Having their own documents prove they are lying is unusual, however. This might have been a major embarrassment for the BOE, but the financial media e ...
Markets, Not Janet Yellen, Should Set Interest Rates
May 26, 2015
Financial markets in the United States and around the world are all waiting with "bated breath" for when the Federal Reserve modifies its "easy money" policy and starts to raise interest rates. No one, however, asks a simple question: Why is the American centra ...
Back Door Worse Than No Door
May 25, 2015
Tech industry giants say they are alarmed the federal government would demand back-door access to the encryption built into their products. Are they crying crocodile tears? Maybe, but the point is still a good one. Imagine if, instead of memory chips, we were t ...
Janet Yellen is Right: She Can’t Predict the Future
May 25, 2015
This week I found myself in rare agreement with Janet Yellen when she admitted that her economic predictions are likely to be wrong. Sadly, Yellen did not follow up her admission by handing in her resignation and joining efforts to end the Fed. An honest examin ...
Vern McKinley: Financing Failure – Panic and Lessons Learned … or Not
May 24, 2015
I would say specifically as it relates to my research on the fiscal expenditures for bailouts that right now there is a great deal of strong rhetoric and toughness demonstrated regarding not bailing out institutions that approach failure at some unspecified poi ...
'Production Versus Plunder' ~ Part 8
May 23, 2015
The cynical dictum, one sows, another reaps, is sometimes true in real life, but it has been burned into our history books. In some primary instances, usurpers have, famously, been given credit for what they did not create, but rather destroyed. Continued from ...
Magna Carta and Libertarian Strategy
May 23, 2015
The middle of next month will mark the 800th anniversary of Magna Carta. My knowledge of the "great charter" is modest, to be sure, but lately I have been reading about it and legacy. (See the "Liberty Matters" discussion, in which I have a small editorial role ...
American Gestapo
May 22, 2015
Stories like this one aren't new to Daily Bell readers. We think often of the state's outrageous overreach in the War on Drugs. Yet this one strikes a different chord. The victim wasn't slumped in a black SUV cruising through the hood. He was on a passenger tra ...
Unionized Leviathan
May 22, 2015
The idea that government employees can or should have the right to unionize appears absurd on the face of it. Unlike the private sector, we are forced to pay for the "product" offered by government. We can't take our business elsewhere in the same way we do in ...
Texas Only Pretends to Be Conservative
May 21, 2015
Most limited-government conservatives usually prefer as much local autonomy as possible. When government action is necessary, it should occur at the lowest possible level. They resist centrally imposed, one-size-fits-all laws and policies. That's what they say. ...
Where's All the (Fake) Money?
May 20, 2015
U.S. currency in circulation is now about $11,000 per U.S. household. It was only $7,000 per household in 2008. Years of QE seem to have enlarged the inventory of both electronic blips and paper currency. "Where is all this currency?" asks Barron's. "The Fed ca ...
The Forgotten Depression
May 20, 2015
American prosperity demand fiscal and monetary stimulus to jump-start the sick economy back to life. And so we got fiscal stimulus, as well as a program of monetary expansion without precedent in US history. David Stockman recently noted that we have in effect ...
Militarization Is More Than Tanks and Rifles
May 20, 2015
It’s a Cultural Disease, Acclimating the Citizenry to Life in a Police State. Talk about poor timing. Then again, perhaps it’s brilliant timing. Only now—after the Departments of Justice, Homeland Security (DHS) and Defense have passed off billions of dol ...
Free Trade and the Real World
May 19, 2015
Globalization and international trade are in the headlines as Congress considers whether to give President Obama "Fast Track" negotiating authority for the Trans-Pacific Partnership. Opponents say TPP is less about free trade than giving privileges to special i ...
Why Government Deficits and Debt Do Matter
May 19, 2015
The Congressional Budget Office (CBO) reported in early May that for the month of April 2015 the Federal government ran a budget surplus, taking in more in taxes than it laid out in expenditures. Don't be fooled by one month, especially when it was a month when ...
Cuba Has a Cigar Cure
May 18, 2015
More than 50 years of U.S. economic sanctions did not bring Cuba to its knees. Now, with normal relations in sight, we are learning that Cuba not only survived but may have surpassed the U.S. in some respects. If Cimavax truly works as well as the Cubans say, t ...
Military-Industrial Congressional Complex – No Debate Allowed
May 18, 2015
New Military Spending Bill Expands Empire But Forbids Debate on War - On Friday the House passed a massive National Defense Authorization for 2016 that will guarantee US involvement in more wars and overseas interventions for years to come. The Republican major ...
Marc Victor: Increasingly Libertarian World Is a Reason for Optimism
May 17, 2015
Obviously, drug cases have had a huge impact on me because they are victimless crimes and they oftentimes carry mandatory minimum sentences along with them. Sometimes they're ridiculously long, outrageously immoral mandatory minimum sentences. I think it is an ...
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