STAFF NEWS & ANALYSIS
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February 25, 2014
We focused yesterday on the sudden reoccurrence of the singularly obnoxious Al Gore and his rejuvenated climate change pitch in the face of so much seeming weather turbulence. This Bloomberg article, excerpted above, following on the heels of Gore's drumming is ...
February 25, 2014
One of the most difficult lessons for people to understand and learn is that sometimes you just have to "let go." That is, you must accept the fact that not everything can be controlled and trying to do so sometimes can make a situation worse. This is never mor ...
February 24, 2014
Well, color us paranoid (regularly). We don't find the above discussion of the advantages of a "closer" North American Union to be coincidental in any manner, shape or form. Now, from our perspective, the true reasons for NAFTA and CAFTA become clearer. Those w ...
February 24, 2014
Al Gore is back at it again. One of the best-known climate doomsters is apparently on the hustings once again, and for various reasons that we will mention in this analysis, his reappearance is disturbing, indeed. At a time when the charlatans behind global war ...
February 24, 2014
Last week Ukraine saw its worst violence since the break-up of the Soviet Union over 20 years ago. Protesters occupying the main square in the capitol city, Kiev, clashed with police leaving many protesters and police dead and many more wounded. It is an ongoin ...
February 23, 2014
I am inclined to believe the only formal economics taught in the past 80 years in the U.S. of any use were the "home economics" courses taught to high school girls many moons ago. I did not receive such training, but the Austrian economists are the only school ...
February 22, 2014
Yellen continues to garner good press. We are not surprised. This is Janet Yellen's honeymoon phase. As we have written previously, she ought to enjoy it while she can. The US media is making it easy for Ms. Yellen to appreciate her press. Almost three weeks si ...
February 21, 2014
The power elite does not take kindly to political interference with one of its most sacred causes – so-called free trade. We say "so-called" because the kind of free trade being practiced by nation-states these days is anything but "free." Each modern free-tr ...
February 21, 2014
We've been predicting that the movement to decriminalize marijuana would eventually end up at legalization but we never expected things would move this fast. On the other hand, we believe this entire movement to be a kind of dominant social theme. For one reaso ...
February 21, 2014
People ask for solutions, but no solutions are possible in a disinformed world. Populations almost everywhere are dissatisfied, but few have any comprehension of the real situation. Before there can be solutions, people must know the truth about the problems. F ...
February 20, 2014
Our point regarding the first steps toward global marijuana legislation is that it has already been decided. The legalization of marijuana has quickly escalated to the level of a full-fledged dominant social theme. In other words, for various reasons, the power ...
February 20, 2014
The Economist magazine has decided that Henrekson and Sanandaji (see above) have the right idea when it comes to entrepreneurs: Bigger is better. The Economist being a manifestation of globalism could surely be expected to take this view. But it is misguided no ...
February 20, 2014
As a starting point, I assume readers do not engage in the initiation of force, including theft. You may refrain from doing so because of a moral code or from a respect for rights. But, at least for me, the admonition not to steal isn't written in stone. I hold ...
February 19, 2014
How can someone present an analysis showing that the US is shifting "left"? There is the matter of the "tea party" movement that, in this Internet era, has shoved many voters toward libertarianism. And then there is the widespread dissatisfaction with Barack Ob ...
February 19, 2014
We just mentioned Keystone yesterday within the context of the controversial North American Union, and here it is again in the news. In fact, this article is full of hints about the NAU that is so staunchly denied by the officials of the US, Canada and Mexico. ...
February 19, 2014
I wish to revisit Mr. Obama's clunker program. There are lessons in there that are worth revisiting. Most have no time to consider the big picture so when the clunker program came their way, they thought only of the immediate consequences. It all reminded me of ...
February 18, 2014
Mitch McConnell, the mild-mannered Senate minority leader, posted the above editorial at Reuters to memorialize the incompetence of the Obama administration in announcing to the world that a US$800 billion "stimulus package" would create the jobs the US needed ...
February 18, 2014
One has to give globalists credit for continuing to promote the global warming meme. After 17 years without a temperature uptick, after a series of exposés that show the warmist position was manufactured by a handful of supporters with a chokehold on journal p ...
February 18, 2014
As the American people contemplate the future of their health care system with the implementation of ObamaCare, it is, perhaps, useful to look backward and briefly recall the origin and early history of government-managed national health care in the country whe ...
February 17, 2014
Here is an article posted at Reuters that informs us that the economy is doing so well that "the world can finally see evidence that the extraordinary monetary and fiscal policies of the post-crisis period are starting to work as intended." When one is exposed ...
February 17, 2014
We have asked why, when Indian and Chinese consumers queue regularly to buy gold bullion with seeming desperation, the Western press – and the investment community – continually degrades the value of gold and the necessity of holding it. Manipulation seemed ...
February 17, 2014
Last week, Federal Reserve Chairman Janet Yellen testified before Congress for the first time since replacing Ben Bernanke at the beginning of the month. Her testimony confirmed what many of us suspected, that interventionist Keynesian policies at the Federal R ...
February 16, 2014
There can be little doubt that Friedrich A. Hayek was one of the most profound and important economists of the 20th century. In my humble opinion, I consider Mises and Hayek to be the two greatest economists of our time. Whether as a monetary and business cycle ...
February 15, 2014
Exciting times. Marijuana decriminalization and legalization is moving quickly. Most recently, as was reported yesterday, the US Justice Department announced that banks and other financial entities could participate in the burgeoning marijuana industry without ...
February 14, 2014
This is a somewhat shocking article appearing at Bloomberg in that it is not a hagiography of former Federal Reserve Chairman Ben Bernanke but a fairly clear-eyed criticism. Because this intermediary business cycle has not yet come to a thudding halt, there is ...
February 14, 2014
This seems to be a week for the mainstream media to speak plainly about the Afflictions of the Age (see other article on the Fed, this issue). This article does something that is not usually done: It questions not just the euro but the viability of the EU itsel ...
February 14, 2014
The protests in the western Ukraine are organized by the CIA, the US State Department and by Washington- and EU-financed Non-Governmental Organizations (NGOs) that work in conjunction with the CIA and State Department. The purpose of the protests is to overturn ...
February 13, 2014
Print, print, print. Miles of newsprint have been wasted writing about "tapering" and "tightening" when, in fact, there is none. Yesterday, new Federal Reserve chair Janet Yellen made it clear in what Bloomberg called "interminable" testimony that the Fed inten ...
February 13, 2014
We agree with this editorial! US citizens SHOULD go abroad. (Maybe they would stop calling themselves "Americans," as America is putatively a continent not a nation.) In any event, they would surely find travel "broadening," just as this article suggests. The U ...
February 13, 2014
They may be the two most famous lines in economic history and they carry much the same message. In An Inquiry into the Nature and Causes of the Wealth of Nations, Adam Smith (1723-1790) wrote, "It is not from the benevolence of the butcher, the brewer, or the b ...
February 12, 2014
This article confirms what we've been predicting since we opened up the new and improved Daily Bell within the umbrella of High Alert. There is going to be no real diminution of Federal Reserve money printing, though this will be the mainstream media narrative ...
February 12, 2014
John Boehner and the Republican Party are gradually falling apart. What Boehner should do is paralyze the ship of state by refusing to provide the fuel. But over and over he hoists the can, carries it to the cap, unscrews it and pours, further fueling the engi ...
February 12, 2014
Many objections can be raised against minimum wage laws but the most important of them is that such laws amount to restraint of trade. If I want to work for a wage someone is willing to pay me, that should be the end of it unless this work amounts to the violat ...
February 11, 2014
The destruction of Switzerland's culture and borders has halted for a moment with this vote against immigration. One does not need to be "conservative" or racist or anything else to believe that politics and regulatory democracy should not determine immigration ...
February 11, 2014
We became aware of this meme several years ago because of the ongoing fixation with "medical marijuana." Over time, we've watched the meme grow into a full-fledged dominant social theme. This article in USA Today is a good example of how entrepreneurial enthusi ...
February 11, 2014
Seventy-eight years ago, on February 4, 1936, the British economist John Maynard Keynes (1883–1946) published what soon became his most famous work, The General Theory of Employment, Interest, and Money. Few books have, in so short a time, gained such wide in ...
February 10, 2014
Oh, this is a funny article, making the case that US exceptionalism is subsiding. What makes the article funny is the way exceptionalism is described. The exceptionalism that exists in the US was defined by President Barack Obama when he answered a question abo ...
February 10, 2014
Last week, we posted an analysis of a US State Department leak in which it was revealed that Assistant Secretary of State Victoria Nuland was contemptuous of European Union efforts to support a resolution of the Ukraine political and economic crisis. We explain ...
February 10, 2014
President Obama's state of the union pledge to "act with or without Congress" marks a milestone in presidential usurpation of congressional authority. Most modern presidents have used executive orders to change and even create laws without congressional approva ...
February 09, 2014
Jeffrey Tang: China is heading for major restructuring. The twin engines of growth, export and construction, have both hit the wall. When major internal events happen, it will be so overwhelming that no external events will be able to distract attention. The ec ...
February 08, 2014
Over and over, the common wisdom is offered as if it were new or valuable. A recently published Reuters editorial is a good example. Entitled, "A crash course in growth economics," it recites all the Keynesian dominant social themes we're used to hearing and re ...
February 08, 2014
In two recent articles we explained the hows and whys of gold price manipulation. The manipulations are becoming more and more blatant. On February 6 the prices of gold and stock market futures were simultaneously manipulated. On several recent occasions gold h ...
February 07, 2014
This Reuters editorial makes many points that we've made in the recent past about the Tea Party. We've argued, in fact, that the Tea Party in its more inchoate form is a force to be reckoned with not just for the Republicans but for the Democrats as well. That' ...
February 07, 2014
This article shows us once more that the practice of statecraft is becoming more difficult. All high officials in the West and probably throughout the world are tapped ... and this is the age in which we live. But what makes this article worth analyzing is what ...
February 06, 2014
Lord, help the poor. Senator Elizabeth Warren wants to give them over to the tender mercies of the US Postal Service. This most inefficient of agencies filled with self-loathing employees and merciless unions is now to be specially dedicated to helping poor peo ...
February 06, 2014
This Telegraph article explores the necessity of World War I. The war is beginning to receive a good deal of attention because it began on July 28, 1914 and thus, the 100-year anniversary is imminent. We have expressed in the past that we have a good deal of tr ...
February 06, 2014
The libertarian publisher R.C. Hoiles insisted that the editorial page of his flagship California newspaper The Orange County Register was "a daily school room made available to its subscribers." In that schoolroom Hoiles taught what he called "voluntaryism." A ...
February 05, 2014
This is an interesting article because it shows us agendas that may lurk behind the headlines. Usually the agenda is a globalist one, and in this case it may be as well. Here is how the article ends: "It is surely time to forge an Emerging Market Bloc strong en ...
February 05, 2014
This is a very disturbing article, but one that could surely be accurate. It is apparently based on a report from the AP that puts Scalia's comments in a more speculative – hypothetical – light, as follows: Avi Soifer, the law school's dean, said he believe ...
February 05, 2014
Public education is nearly a fixture not only in this country but nearly everywhere in the Western world. It is pretty much agreed by most concerned parties that children need to be placed into school, starting around age 6, and kept there to be provided with s ...
