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Republicans Rage as the Great Burning Arrives
November 08, 2012
Post-election, the US Republican Party will go about the business of tearing itself to pieces, as well it should. As observers of directed history here at the Daily Bell, watching the past ten years of politics presented via the prism of what we call the Intern ...
Now EU Seeks to Ban the Family
November 08, 2012
Whenever we look, we are assaulted by unbelievable legislative actions. This has got to be the most incredible idea yet: To legislate portrayals of the family out of existence. What kinds of people come up with these ideas? What kind of people vote on them? Thi ...
Report Raises Questions About Central Bank Gold Holdings
November 08, 2012
For years I have cautioned that changes in the ownership of gold held in the vaults of key central banks around the globe may not have been accurately reported. A report issued last month in Germany has once again brought these issues to the fore. In today's en ...
Reexamining Democracy
November 08, 2012
Over the last several decades of American political life the idea of liberty has taken a back seat to that of democracy. Liberty involves human beings governing themselves, being sovereign citizens, while democracy is a method by which decisions are reached wit ...
The Special Interests Won Again
November 08, 2012
The election that was supposed to be too close to call turned out not to be so close after all. In my opinion, Obama won for two reasons: (1) Obama is non-threatening and inclusive, whereas Romney exuded an "us vs. them" impression that many found threatening, ...
Democracy Won Today … Truth Lost?
November 07, 2012
We are not surprised by Barack Obama's re-election. We believe the vote was probably rigged, as voting machines across the country now provide opportunities to do just this sort of thing. Not all machines even offer paper tallies anymore. Why would states put m ...
We Told You So!
November 07, 2012
Sometimes in this business of meme tracking an article comes along that is so obvious and blunt it hardly needs scrutiny. This is one of those articles. But its candor does not exempt it from analysis. It is a kind of "best of breed" and worth commenting on if ...
Obama Wins A Second Term: Now What?
November 07, 2012
I'm certainly glad the election is finally over. While I have loved politics my entire life, this presidential election has gone on for over three years, including the GOP primaries, and I've had my fill of meaningless slogans and counter-slogans, lies and coun ...
Training for What You Want
November 07, 2012
Last week I asked you to define three things: Something you want to stop doing, something you want to start doing – or do more of and a longer-term goal that you want to reach. Today I want to give you the beginning of a training regimen that will strengthen ...
The Manufactured 'Isms' of Elite Prevarications
November 06, 2012
In this article in Der Spiegel, written by columnist Jakob Augstein, we observe the meme that "isms" are different and powerful. Capitalism is different than communism, which is different than socialism, etc. We have some difficulties with this argument. But fi ...
Best Way to Make a Difference in Today's Vote
November 06, 2012
The Washington Post published an interesting editorial yesterday, entitled "What kind of president would Obama be in second term?" I have my own thoughts, but let's take a quick look at this article, which provides us with a serious, even scholarly, set of ques ...
Another Meme Crashes? … Sudden Inkling Chelation Works
November 06, 2012
We've been aware of chelation and its usefulness for several decades. While our position regarding healthcare has gradually changed, we still believe that chelation is useful. Now, apparently, the FDA will have to do the same. Here's what we believe: Strive to ...
The Economics of Disaster
November 06, 2012
Hurricane Sandy was one of the worst natural disasters the East Coast has ever seen. Cleanup and recovery will take months, if not years and estimates run in the tens of billions of dollars. Parts of New York and New Jersey will never be the same. Entire seasho ...
The Solution to Unemployment Is Less Monetary Stimulation Not More
November 05, 2012
This is a hopeful article but one that leaves significant questions in its wake. One could ask, for instance, how is it that modern economies can from time to time generate such vast unemployment? And why, most recently, has this unemployment been so difficult ...
The Startling Reality of Money Power
November 05, 2012
It is not actually Britain that has been doing the invading but, apparently, the City of London. What this book doesn't tell you, or at least not the review, is the timeline of invasion. Here's a speculation: The number of invasions and their seriousness picked ...
The Logic of Entitlement
November 05, 2012
Not long ago I woke up to the disturbing news from the Big Apple that some disgruntled ex-employee of the Empire State Building went on a shooting spree and killed someone, after which he was himself shot to death by police. No, I don't know the details but eve ...
Detlev Schlichter on the Nature of Money and the Evolution of an Inflationary Depression
November 04, 2012
The Daily Bell is pleased to present this exclusive interview with Detlev Schlichter. Daily Bell: Tell us more about your book, Paper Money Collapse. It provides a fundamental economic analysis of paper money systems in general and our present system in particu ...
The Dilemma of False Terrorism
November 03, 2012
A New York Times article has attracted attention in alternative media circles for its portrait of Bernard von NotHaus, the "Rosa Parks of the constitutional currency movement." Entitled, "Prison May Be the Next Stop on a Gold Currency Journey," the article desc ...
Bank of England Reports Whitewash Central Bank Reality
November 02, 2012
News comes of the release of no fewer than three separate probes into the Bank of England's performance during the financial crisis that actually started in 2007 and expanded in 2008. The reviews do not apparently cover any of the critical 2007 area. They comm ...
Don't Conceal Your Face At Canadian Protests
November 02, 2012
Yet another erosion of Canadian civil rights. We shouldn't fool ourselves. It is tempting to think of the positives regarding this bill that mostly revolve around police provocations. There are, for instance, credible reports that Canadian police authorities ha ...
The Downside of Debt
November 02, 2012
Cristina Fernandez de Kirchner, president of Argentina, will never be remembered as a great economist. Nor will she win any awards for 'accuracy in government reporting.' Au contraire, under her leadership, the numbers used by government economists in Argentina ...
What Do You Want?
November 02, 2012
Sometimes we can have a sense that things aren't working well or we'd like something to be different in our lives, and we can try to take steps to change. But without an idea of what isn't working well, what we'd like to have different, or what we would like to ...
Election 2012: When There's No 'There' There
November 01, 2012
Lawrence Summers is offering up his usual recipe for a successful national economy. He seeks government involvement in all ways. Nonetheless, from a perspective of dominant and sub-dominant social themes it is instructive to deconstruct Summers's arguments. The ...
Fake Meme of Food Scarcity Is Deadly Serious
November 01, 2012
There are plenty of sub-dominant themes growing out of this main one of food scarcity. In fact, it is such a deep meme that one could compare it to a bush with many branches. A lot of these sub-dominant social themes could be classified as dominant themes thems ...
'Government' vs. 'State'
November 01, 2012
Concepts such as that of "government," like those of "democracy," "law," "justice," "freedom" and "love," to cite just a few, is what W. B. Gallie called "essentially contestable" (see his "Essentially Contested Concepts," Proceedings of the Aristotelian Societ ...
Spain: Consequences of a Generalized Depression
October 31, 2012
Sometimes dominant social themes and sub-dominant social themes are unstated instead of stated. One out of every four Spanish workers is now without a job. This is a full-fledged depression by any standard. This statistic is topped by another one, that 50 perce ...
Now Central Bankers Directly Boost Occupy Movement
October 30, 2012
What a surprise ... not! We're long on the record as explaining the essential phony nature of this pseudo youth movement. Funded by George Soros among others and putatively generated out of the socialist-anarchist publication Adbusters, Occupy Wall Street is su ...
Global Warming Meme Powers Hurricane Coverage
October 30, 2012
This Vancouver Sun article is typical of some of the coverage of Hurricane Sandy, which hit New York City and environs yesterday. It is written by William Marsden, author of Fools Rule: Inside the Failed Politics of Climate Change (Knopf). We looked up the book ...
Let the Markets Clear!
October 30, 2012
French businessman and economist Jean-Baptiste Say is credited with identifying the fundamental economic principle that aggregate demand for goods in an economy will equal the aggregate supply of goods when markets are permitted to operate. Or in Say's words, " ...
The First 30 Years of the Mises Institute, and the Future
October 30, 2012
This talk was delivered at the 30th Anniversary Supporters Summit of the Ludwig von Mises Institute, Callaway Gardens, Georgia, on October 26, 2012. What a thrill to speak to you on this happy occasion of the Mises Institute's thirtieth anniversary. I am deligh ...
Reporter Exposes Tax Evasion Among Greek Politicians, Targeted for Arrest
October 29, 2012
So it turns out that many Greek politicians have Swiss bank accounts and are not paying taxes due. What does this tell us about "austerity"? ... Only that it is a meme, as we have previously discussed. What is going on in Greece and elsewhere is that a small cl ...
Spain Probes Shoppers for Tax Evasion
October 29, 2012
Tax crackdowns are an emerging meme but this news, above, is especially egregious. The powers-that-be use a divide-and-conquer approach when it comes to much business and regulation. And this approach is increasing. The idea basically is to turn businesses into ...
How Can Obama Not Turn Our Backs on Failing Businesses?
October 29, 2012
During the rather brief and confusing discussion about bailing out automakers President Obama announced with his characteristic misplaced righteousness that we "will not turn our backs on one of America's basic industries." Of course, Mr. Obama and his cheerlea ...
The Virtual Recovery
October 29, 2012
Since mid-2009 the US has been enjoying a virtual recovery courtesy of a rigged inflation measure that understates inflation. The financial Presstitutes spoon out the government's propaganda that prices are rising less than 2%. But anyone who purchases food, fu ...
Ron Holland on Gold, Switzerland and the European Secessionist Movement
October 28, 2012
The Daily Bell is pleased to present another exclusive interview with Ron Holland. Daily Bell: You felt the system of control itself was not working so well anymore last time we interviewed you. Can you elaborate? Ron Holland: Today, in the middle of the Intern ...
Switzerland Will Continue to Thrive and Outperform
October 27, 2012
"Senator John Kerry released his plan today to eliminate the deficit. He said all we have to do is find a really rich country like Switzerland and marry it." ~ Jay Leno; the approach of courting the Swiss has since turned out to be a little less amicable... The ...
The Recovery Meme and Why It's Just Talk
October 26, 2012
No. It's just not true. There is no real recovery in Britain or anywhere else in the world, for that matter. The banking elites that caused this rolling depression are in full cry about the struggles they are taking to cure it. In doing so, they reinforce the m ...
The Afghan War: Just the Facts
October 26, 2012
The deaths in Afghanistan, after more than a decade of war, keep climbing. Our paradigm proves itself out daily. The West is not in Afghanistan to help its women. The West is not in Afghanistan because of its mineral wealth. The West is not in Afghanistan to cr ...
Diminishing EU a Wonder to Behold
October 25, 2012
Ambrose Evans-Pritchard partially redeems himself with this article. After going through a bad patch when he loosed his inner Keynesian and inflicted it on innocent readers, he provides us with a fairly crisp perspective on the reality of Britain's stance versu ...
Drug Data Manipulation Is Merely More of the Same
October 25, 2012
We're not surprised about this only because we've lost our capacity to be shocked. These days we're surprised only if our worst expectations are NOT fulfilled. Everything – and we do mean everything – in Western culture and corporate enterprise is bent towa ...
Ayn Rand and Libertarians Misunderstood
October 25, 2012
Paul Ryan has some affinities with Ayn Rand's political philosophy and is now taking flack for this. Apparently eager to besmirch Ayn Rand and through her Mr. Ryan, claims now abound in the media that go like this: "Rand's libertarianism has an underlying philo ...
Elite View: The Yo-Yo Economy
October 24, 2012
There are problems with Germany but the good news regarding China brings us back to emotional parity. This seems to be the gist, the dominant social theme of this Reuters article. We're supposed to be depressed about Germany but excited about China. The idea th ...
Debt Jubilees and Memes …
October 24, 2012
The idea of a debt jubilee is gaining more and more traction, as John Rubino observes (above) in a recent article posted at Dollar Collapse. Ron Holland has also just written a clear, bold article on a similar concept, debt repudiation, posted today at The Dail ...
Secession Fever Sweeping Europe Meaningless Without Debt Repudiation
October 24, 2012
While regional independence is superior to both the failing European Union and the façade of special interest controlled democracy, one further action should taken by any jurisdictions that choose secession: Newly restored sovereign nations should repudiate th ...
In Amerika There Will Never be a Real Debate
October 24, 2012
God help them if Obama and Romney ever had to participate in a real debate about a real issue at the Oxford Union. They would be massacred. The "debates" revealed that not only the candidates but also the entire country is completely tuned out to every real pro ...
Central Banking Premises Are Lacking?
October 23, 2012
This article at Slate illustrates the growing radicalization of the Fed conversation and also how words and premises make it increasingly difficult to discuss central banking logically. It is an analysis of whom Mitt Romney would pick for Fed Chairman if he bec ...
UN Shoe Drops on Internet Terror
October 23, 2012
So here it comes. The powers-that-be have decided that they need to track user details on the Internet to prevent crime. We've reported for a while on private justice. Why is it that proponents of the state simply assume that crime is the state's business? Actu ...
The Internet Revolution is a Liberty Revolution
October 23, 2012
Until the late 1990s, individuals interested in Austrian economics, US constitutional history and libertarian philosophy had few sources of information. They had to spend hours scouring used book stores or the back pages of obscure libertarian periodicals to fi ...
Rediscovering IMF Working Papers
October 22, 2012
The Telegraph's Ambrose Evans-Pritchard has caught up to a working paper entitled "The Chicago Plan Revisited" issued by IMF staff members Jaromir Benes and Michael Kumhof. His summary: "Personally, I am a long way from reaching a conclusion in this extraordina ...
What is a Government Job?
October 22, 2012
Can government "create" jobs? Free-market types believe it is impossible for government to generate employment, though politicians claim various kinds of job creation all the time. The New York Times thinks it can. Most of the time, analysis turns on government ...
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