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Fed Officials Recognized Upcoming 2007 Crisis But Weren't Worried
January 19, 2013
Federal Reserve officials in August 2007 saw the beginnings of the crisis in subprime mortgages and concluded that the U.S. economy would be able to withstand it, even as some Fed members warned that it could trigger a downturn, transcripts from their 2007 meet ...
France and the UK Could Be the Lynchpins of Europe
January 19, 2013
Over the past two months, Europe's problems seem to have disappeared from the headlines. However, the new French Socialist government is pushing ahead with policies that favor significantly higher government spending, greater regulation of business and commerce ...
Professor Misstates Glass Steagall History?
January 18, 2013
Barry Eichengreen is a professor of economics and political science at the University of California, Berkeley, and a former senior policy adviser at the International Monetary Fund. So why does he, in our view, misrepresent the history of the financial industry ...
Sic Transit Bill Gates?
January 18, 2013
This caught our beady eye because we can never figure what Bill Gates is up to, and he is certainly a man to follow. Or at least, he was. But after announcing he was going to keep his fortune intact until he died, he changed and decided he was going to give muc ...
Boycott the UN's World Water Day
January 17, 2013
With the UN's World Water Day fast approaching on March 22, we wanted to take the opportunity to urge people not to attend and not to participate. What is not particularly clear about UN efforts because they are so massive and so obfuscated is that the entire w ...
Media Mogul Stewart Calls NRA a False-Flag Operation – Is It?
January 17, 2013
We've written about the NRA numerous times now and usually not with any great enthusiasm. Bluntly, we believe the NRA is perhaps an organization controlled surreptitiously at the very top by a globalist power elite that wants to build world government and needs ...
The Pitfalls of Public Spheres
January 17, 2013
"Each fancies that no harm will come to his neglect..." – Thucydides Everyone has an incentive to use resources freely available to all... but none has a corresponding incentive to conserve or replenish the resources. Parcels privately held are better cared f ...
Bernanke: The Power of State-Run Capitalism Has Lifted the BRICs Out of Poverty
January 16, 2013
The meme to end all memes! We've been waiting for this article for, well ... forever! So ... thanks, Ben Bernanke. We notice you traveled all the way to India to give your speech. Afraid it wouldn't be so well received at home? That's not surprising considering ...
The Trillion Dollar Trick
January 16, 2013
The birth, and the apparent death, of the trillion dollar platinum coin idea may one day be recalled as a mere footnote in the current debt crisis drama. The ultimate rejection of the idea (which was to use a loophole in commemorative coinage law to mint a plat ...
Attack On Sovereignty
January 16, 2013
Those concerned about "The New World Order" speak as if the United States is coming under the control of an outside conspiratorial force. In fact, it is the US that is the New World Order. That is what the American unipolar world, about which China, Russia and ...
The Deification of Draghi
January 15, 2013
The meme of the regnant technocrat has never been more powerful, it seems. The powers-that-be that utilize these technocrats for their own purposes are clever, indeed. It is hard to dislike a technocrat like the aged and cautious Mario Monti who just resigned a ...
Savage Attacks: Flu Debunkery Hits the Conservative Mainstream
January 15, 2013
Michael Savage has come out in opposition to flu jabs. His audience of some 10 million listeners is now at least partially aware that the king of conservative shock jocks has serious questions about the flu vaccine. The popular alternative news site World Net D ...
On Obama's New National Security Team, Keep Your Eye on the Policy
January 15, 2013
President Obama announced his choices for key national security posts this past week, and there has been both celebration and gnashing of teeth in Washington and around the country. There is widespread belief that either or both of these nominees will have an i ...
Axiom 2: Promote Human Action and Free-Market Thinking
January 15, 2013
How To Restore the West: Axiom 2 "Human action is purposeful behavior." – Ludwig von Mises. Contrary to politically correct elite propaganda and indoctrination, only a small percentage of the population has the capability and desire to initiate purposeful in ...
Crackerjack Global Analysis or Analysis on Crack?
January 14, 2013
This is one of the stranger articles we've read in a while, and it is published in TNT Magazine, which is one of the first-ever "expatriate" magazines for readers in such countries as Australia and South Africa. The gentleman providing the financial analysis "e ...
Shock: NYTimes Shuts Environmental Desk – Global Warming Meme Going Extinct?
January 14, 2013
The irascible and brilliant James Delingpole has just posted an article over at the UK Telegraph announcing the closure of the New York Times's environmental desk. Big news, indeed ... It is an article that lampoons its subject even while declaring victory. Del ...
Journo Walks Around the World While Promoting Elite Memes
January 14, 2013
We wish Paul Salopek well. This is a great opportunity to write and stay physically fit at the same time. National Geographic is going to spend a lot of money sponsoring him as he walks around the world. Salopek is an award-winning journalist and we can expect, ...
My Recent Kafkaesque Experience
January 14, 2013
It may not be the kind of experience many others have had other than at the Department of Motor Vehicles but I recently went through one that brought to mind Franz Kafka. I have been trying to refinance my house for months but my bank, Wells Fargo, refused to e ...
Terry Coxon on Government, the Reality of Regulation and the Importance of Asset Protection
January 13, 2013
The Daily Bell is pleased to present this exclusive interview with Terry Coxon. Daily Bell: Glad to speak with you again. Let's jump right in. You've been speaking out for freedom and free markets for decades. Yet things seem to be getting worse. Why is that? T ...
The Trillion Dollar Coin Is a Great Idea!
January 12, 2013
SF Gate explained in a recent editorial that the "'trillion dollar coin' idea is worthless." But, of course, it's not. It's a great idea! I'll tell you why in a minute. The SF Gate editorial gives us the background. "The idea of a 'trillion-dollar coin' came fr ...
Coming Clean Beyond the Fiscal Cliff
January 12, 2013
"Information is the hardest currency." ~ Andrew Vachss Washington's negotiations to address the fiscal cliff of automatic tax increases and spending cuts legislatively triggered at the close of 2012 are the latest in an ongoing effort to address increasing U.S. ...
Now Greece Bans Cash – Again
January 11, 2013
Greece is going to ban most cash transactions. As of last year, cash transactions over 1500 euros were banned. This moves the ban down by 1,000 euros. But from what we've read, the average Greek's transactions are already recorded in numerous ways so it is poss ...
New Government Being Planned for Syria
January 11, 2013
Is the current Syrian administration doomed? There are or were YouTube videos of UN vehicles carrying armed "rebels" into Syria to fight against the government. These were said to be the same "al Qaeda" fighters that had added to forces overthrowing Syria's Mu ...
Future of Gun Control? DOC List of Unapproved Guns
January 11, 2013
The District of Columbia (DOC) has an enormous listing of guns that are not legal according to statute. Some other states have such listings as well, though perhaps not in such detail. Is this, then, the future of US weapons? Continued complexity and further ba ...
Phony vs. Earned Self-Esteem
January 11, 2013
A study by Jean Twenge of San Diego State University, published in the current issue of Social Psychological and Personality Science, is getting a lot of news this week. Twenge found that college kids today are more likely to call themselves gifted and driven t ...
Does Startling Der Spiegel Article Indicate the End of the Euro Crisis?
January 10, 2013
We are suspicious of this sudden discovery that the European crisis has lessened. Der Spiegel, an elite mouthpiece if there ever was one, is virtually announcing it. But here is what inquiring minds want to know: Is the article accurate? And why would Der Spieg ...
Now the West Is Worried About Syrian Uranium! Must Invade?
January 10, 2013
With gun control becoming an explosive controversy in the US, it is interesting to note accusations now being leveled at Syria regarding its possession of uranium. This is likely part of the demonization of weapons generally that are not in the control of "resp ...
Why Honor Politicians?
January 10, 2013
Once, when my son was in elementary school, they had some kind of special event celebrating the achievements of various students – I can't recall just what the festivities were all about. What I do recall vividly is that the principal had invited a local poli ...
Inflation Propaganda Exposed
January 10, 2013
Economists who hold the popular view that expanding the money supply will provide the best medicine for our ailing economy dismiss the inflationary concerns of monetary hawks, like me, by pointing to the supposedly low inflation that has occurred during the cur ...
Rothschild on Regulation
January 09, 2013
Sir Evelyn de Rothschild is making points about one of his favorite topics in this just-released series of remarks. That topic is financial regulation. Evelyn de Rothschild – surely one of the more powerful men in the world – is focused on financial regulat ...
Gold and Silver Registration in Illinois
January 09, 2013
Thanks to economist Gary North for this one. The bill, Illinois SB3341, passed the state senate in the spring and was handed off to the house this fall. With three amendments introduced in the house, it now sits in committee (see ilga.gov for progress). But we' ...
Reuters: Turn to Government for Successful Societies?
January 08, 2013
Chrystia Freeland is one of those Reuters commentators who apparently believe that the best way to implement free-market capitalism is to use government to support it. As government is force and free-markets are voluntary, this becomes a questionable propositio ...
Now UN Blames Lord's Resistance Army for Elephant Poaching
January 08, 2013
Of course, we're being sarcastic. We're expanding on a previous topic here that mentioned our doubts (along with those expressed by much of the rest of the alternative media) about the Lord's Resistance Army and why it needed to be "hunted." In a previous artic ...
Zombie Nation
January 08, 2013
Creating and sustaining a nation of zombies is expensive. Large sections of the US population have been turned into zombies. Retirees. Medicare dependents. Food stamp recipients. Disabled people. They are not necessarily bad people. They are not necessarily dis ...
Washington's Hegemonic Ambitions Are Not in Sync With Its Faltering Economy
January 08, 2013
In November the largest chunk of new jobs came from retail and wholesale trade. Businesses gearing up for Christmas sales added 65,700 jobs or 45% of November's 146,000 jobs gain. With December sales a disappointment, these jobs are likely to reverse when the J ...
Barter and Alternative Currencies Growing in Greece
January 07, 2013
This article posted by the UK Telegraph deals with the emergence of alternative money in a stressed Greek society. What's an alternative dominant social theme? That people will take action, however ineffective, when they have no other options. A subdominant soc ...
A Flu Pandemic Will Inevitably Kill You
January 07, 2013
This is a scary article that fits right in with our larger theory about power elite fear-based promotions. We call them dominant social themes and theorize with a good deal of corroborative evidence that these memes are intended to scare people into giving up p ...
Taxes versus Revenues: Leslie Stahl's Malpractice
January 07, 2013
As I reach old age I shield myself from unpleasant television as much as I can. Of course, in order to stay apprised of events I cannot afford to skip all of what is irritating but given all the repetition, I have managed to reduce exposure to much that's bad f ...
Axiom 1: Advance Individual and Regional Sovereignty Over Elite and Global Governance Control
January 07, 2013
Advance Individual and Regional Sovereignty Over Elite and Global Governance Control - Fascism is the system of government that cartelizes the private sector, centrally plans the economy to subsidize producers, exalts the police State as the source of order, ...
James Jaeger on Gun Control, Nikola Tesla and the Inevitability of the Internet Reformation
January 06, 2013
The Daily Bell is pleased to present this exclusive interview with James Jaeger. Here's a brief snippet. Daily Bell: The Internet continues to make distribution progress against Hollywood. Explain how that's working. James Jaeger: The movie addict can now get 1 ...
Are Multinationals Good Citizens?
January 05, 2013
Business Insider has published an interesting article, "Why The World's Most Sustainable Company Publishes CO2 Emissions Next To Its Earnings." It's part of a sponsored "Future of Business" series, which examines how "cutting-edge technologies are rapidly resha ...
Case Against Kim Dotcom Copyright Infringement Continues to Weaken
January 04, 2013
When Kim Dotcom was chased into the safe room of his mansion in New Zealand a year ago, the mainstream Western press went into full cry. It was universally assumed that this Falstaffian character would soon be starring in his very own Shakespearian tragedy behi ...
Revealed: Military's Top Secret Tsunami Bomb
January 04, 2013
Why would this leak now? Well, according to the article, "The plans came to light during research by a New Zealand author and filmmaker, Ray Waru, who examined military files buried in the national archives." Turns out that Waru is a famous Maori commentator wh ...
Culture, Integrity and Questioning Authority
January 04, 2013
If you want to have your strongest and most positive impact on your culture, the way to do it is to live with integrity – meaning that you know your principles and you live by them and speak from them. There are solitary creatures like pandas and bumblebees a ...
Jettison the Constitution?
January 03, 2013
Our trends for 2013 featured the advance of German-style National Socialism in the US, and this probably qualifies along those lines. The Times article unapologetically makes the argument for doing away with the US Constitution but what is to be substituted and ...
Vision of a Mutant Future
January 03, 2013
We stand in awe of yet another dominant social theme, which has to do with the inevitability of human engineering and eventual merger with machines. But please! ... This cannot be done by just anyone. People generally are not clamoring to be turned into quasi-r ...
A Note on Socialism as Elitism
January 03, 2013
Since ancient times some people have considered the market place an unruly forum in which to determine whose work and what commodities are worth how much. With Marxism this view acquired a pseudo-scientific status. The complaint that when free individuals and g ...
Rothbard and Money
January 03, 2013
The scholarly contributions of Murray N. Rothbard span numerous disciplines, and may be found in dozens of books and thousands of articles. But even if we confine ourselves to the topic of money, the subject of this volume, we still find his contributions copio ...
Pimco's El-Erian: Divided US Government No Longer Good for Economy
January 02, 2013
Presumably, this is an emergent dominant social theme that Mohamed El-Erian is giving voice to. Perhaps it is a subdominant social theme, as well. The dominant social theme is, of course, that government is good and among humankind's most necessary inventions. ...
Driving Under Attack: The 20mph Revolution
January 02, 2013
The Luddites are at it again. Claiming that lower speeds create fewer fatalities, the UK Independent reports that officials are plotting lower speed limits throughout Wales and England. "Twenty is plenty," is the new mantra, though where this campaign has emerg ...
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