Cannabis / Marijuana
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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 ...
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 ...
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 ...
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 ...
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 ...
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 ...
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 ...
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 ...
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 ...
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 ...
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 ...
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 ...
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 ...
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 ...
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 ...
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 ...
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 ...
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 ...
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 ...
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 ...
June 19, 2014
Murray Rothbard used the "lone crazy" theory to describe the individual who comes out of nowhere and dramatically alters the course of history; perhaps he assassinates a president. The lone crazy could also be an event, such as 9/11. Its essence is surprise, im ...
June 18, 2014
For many years, we've been writing that Western stock markets are pushed upwards via central bank money printing. So the idea that central banks are directly holding equities is no surprise. What is slightly surprising is that the OMFIF is being allowed to publ ...
June 18, 2014
We offer this analysis as further proof that the meme we've discerned regarding the legalization of drugs – all drugs – remains in play. Context is important, and so we note that Rand Paul's perspective on drug legalization founds its way into the Huffingto ...
June 18, 2014
Arms are weapons with which to physically overpower others. There are justified and unjustified cases of overpowering others. Self-defense is clearly a case of the former. Aggressing upon another, robbing, murdering, raping, assaulting or kidnapping another wou ...
June 18, 2014
I wish I had only good news to bring to readers, or even one item of good news. Alas, goodness has ceased to be a feature of US policy and simply cannot be found in any words or deeds emanating from Washington or the capitals of its European vassal states. The ...
June 17, 2014
Another article about the lifestyles of the rich and famous provides yet more evidence of growing asset bubbles. The biggest bubble of all is in equity markets, especially US equity markets; for those who want further proof of how central bank economies work, t ...
June 17, 2014
This is a tough article about Homeland Security and what it is doing to what's left of US freedoms. The author is John Whitehead. Here, from his bio: John W. Whitehead is an attorney and author who has written, debated and practiced widely in the area of consti ...
June 17, 2014
For more than two hundred years, practically all of the leading advocates of individual liberty and free markets have assumed that money and banking were different from other types of goods and markets. From Adam Smith to Milton Friedman, the presumption has be ...
June 16, 2014
This is a good example of the deteriorating level of US government behavior. It's disturbing because it seems to shows an escalating level of recklessness. We last wrote about this here: When It Comes to Lawlessness in the US, Preparation Is the Essence of Fore ...
June 16, 2014
Western officials are increasingly willing to make threats in support of elite dominant social themes. Not surprisingly, we're seeing this sort of behavior as regards global warming. There is no doubt that warmist sentiment is waning in the West but this does n ...
June 16, 2014
In 2006, I invited the late General Bill Odom to address my Thursday Congressional luncheon group. Gen. Odom, a former NSA director, called the Iraq war "the greatest strategic disaster in American history," and told the surprised audience that he could not und ...
June 15, 2014
International diversification strategies are important, in short, because they allow you to be not wholly dependent on any one particular country. When you are internationally diversified what you are doing is diluting the amount of control your home government ...
June 14, 2014
European Commissioner for Employment and Social Affairs László Andor has delivered a historic speech calling for a deeper union. It is at least in part a response to recent Euro-elections that showed the EU electorate is fed up with "Europe." In "European Com ...
June 13, 2014
We didn't intend to comment on the Cantor defeat again, having just written about it yesterday. But our attention was drawn to this article in the National Review because of the description of the Tea Party as "radical, anti-institutional, anti-leadership, anti ...
June 13, 2014
Do you work for the DEA on issues related to the continued criminalization of marijuana? Better have your resume handy ... As we've pointed out many times before, increasingly the "marijuana meme" is not up for discussion. There are powerful forces at work supp ...
June 13, 2014
Dave Brat, a professor of economics at Virginia's Randolph-Macon College, is a marked man. Professor Brat defeated Republican House Majority Leader Eric Cantor, a prime trophy of the Israel Lobby. I doubt that Eric Cantor ever lost an opportunity to place Israe ...
June 12, 2014
From a UK Telegraph article we learn that, "Authorities are about to funnel large sums into Japanese stocks openly and deliberately under the next phase of Abenomics, both by regulatory fiat and by purchasing the Nikkei index directly with printed money." Does ...
June 12, 2014
Cantor wasn't tough enough on immigration, and that's why he lost. This "explanation" fits in with a larger meme that we've presented in the past: There's no stopping the Tea Party, at least at a personal, non-organizational, level. Of course, parts of the poli ...
June 12, 2014
"Some circumstantial evidence is very strong, as when you find a trout in the milk." – Henry David Thoreau Evidence that something is wrong with a theory is rarely as obvious as a trout in the milk. This is particularly true when a belief is deeply-held or in ...
June 11, 2014
Just yesterday we criticized the movement to create a universal basic income. This movement to repudiate public debt makes us uneasy as well, unless it is accompanied by a rollback of the fundamental building blocks of the modern state: corporate personhood and ...
June 11, 2014
The Indian media, like the Indian government, has been "talking down" gold for quite a while now. This is unusual in a country where so many people buy gold, especially gold jewelry, on a regular basis. But it is symptomatic of a larger "bankers' war" being wag ...
June 11, 2014
To begin with, I want to make it clear that human beings have a moral nature. That is the kind of individuals they are. This is controversial because a good many people in the social sciences and in society in general have some problems with the idea that we ar ...
June 10, 2014
The world grows more lawless. It is especially obvious in the US, where bold, public displays of lawlessness have been not been a common occurrence in the past ... These days, there seems to be a steady stream of questionable activities taking place. Obamacare ...
June 10, 2014
Again the market climbs. And this is why ... A nearby comet made of salt has focused certain gravitational flows by seasoning the appropriate neurons. This has created higher stock prices by acting on the Big Board the way the moon acts on the tides. We can do ...
June 10, 2014
The advocates of the "thin" version of a defense of liberty argue that the primary and essential issue concerns the principle and logic of "non-aggression." That is, the classical liberal or libertarian basically should be concerned with one, and only one, issu ...
June 09, 2014
If Britain's economy is improving, it's due to monetary stimulation not natural causes. Ms. Christine Lagarde ought to comment on the mechanism of "economic improvement," but she won't. She should comment on it because the kind of low-interest, high-money print ...
June 09, 2014
The libertarian media has been extraordinarily successful in this era of the Internet because freedom is the default preference of most people. Ask individuals if they want to pay high taxes, have their movements restricted by a plethora of passports and visas, ...
June 09, 2014
President Obama's recent foreign policy speech, delivered at this year's West Point graduation ceremony, was a disappointment to anyone who hoped the president might be changing course. The failure of each US intervention thus far in the 21st century might have ...
June 08, 2014
I believe that it is an inappropriate use of state power to infringe upon the liberties of an individual simply based upon what he or she puts in their body. And nowhere do I believe this infringement upon the individual's liberty is more egregious than in situ ...
June 07, 2014
The Christian Science Monitor has published an attack on marijuana legalization entitled, "The real marijuana story." The cut line explains, "The common assumption that it's a harmless drug is challenged in a prominent medical journal." That medical journal is ...