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Enduring Commitments Abroad
May 08, 2012
Last week President Obama made a surprise pre-dawn trip to Afghanistan to mark the one year anniversary of the killing of Osama bin Laden and to sign a document further extending the US presence in that country. The president said, "We're building an enduring p ...
Is RBC the New Business Cycle?
May 07, 2012
Megan McArdle is out with an interesting rumination about the business cycle. It's not merely a theoretical examination, however. Who is she? From The Atlantic: "Megan McArdle is a senior editor for The Atlantic who writes about business and economics. She has ...
EU Bust as Internet Reformation Rolls On …
May 07, 2012
Here at the Daily Bell one of the things we are (modestly) known for is our perspective that the Internet and the information it distributes would have a huge impact on Western government and the one-world global elite conspiracy, which thrived under the cover ...
The Face of Egalitarianism
May 07, 2012
A few weeks ago they ran the famous Oxford v. Cambridge rowing race on the Thames but a fanatical egalitarian, Mr. Trenton Oldfield from Australia, ruined it for everyone by jumping in the river and blocking the race in the name of resisting the elitism of rowi ...
Mish Shedlock on the Rise of Money Metals, the Fall of the West … and Why Credit Matters
May 06, 2012
The Daily Bell is pleased to present this exclusive interview with Mish Shedlock. Introduction: Mike "Mish" Shedlock blogs at Mish's Global Economic Trend Analysis, for which he has won awards from the New York Times, Time Magazine, Bloomberg, CNBC and Strategi ...
'Civilized People Don't Buy Gold'
May 05, 2012
"Civilized people don't buy gold," Munger told CNBC yesterday in an exclusive "sit down" interview. It wasn't some off-the-cuff remark, either, as he went on to remind us that "gold is only useful if you're a Jewish family in Vienna in 1939" and "sewing it" int ...
Selective Doubt at the Milken Money Conference
May 04, 2012
Michael Milken was a Wall Street legend in the 1980s when he made junk bonds into a form of popular financing. He was the black knight on a white horse, teaching Wall Street and Main Street moguls that the market itself would revalue their portfolios efficientl ...
Bank of England Draws Lessons From the Idiocy of the 2000s
May 04, 2012
So the wheel keeps on turning, even after it has delinked from the axle. Monopoly-fiat central banking is not so arcane as it used to be: It's price fixing and it doesn't work. Mervyn King can "draw all the lessons" he wants from the unrolling crisis but it rea ...
The Volcker Rule Advances
May 04, 2012
Here it comes. Another elite dominant social theme designed to support the idea that wise regulation can make a big and positive difference in the world. This is surely a promotion – as regulation can make things worse but rarely better. Regulation is a price ...
Rich Bashing Is Unjust and Vicious
May 04, 2012
The casual manner in which President Obama proposes that various progressive tax measures be implemented against the so-called rich – ones who earn more than two million a year – is indicative of just how deep-seated and widespread is the prejudice against ...
The Physical Case for Happiness
May 04, 2012
We are all familiar with the basic guidelines for good health: exercise, eat right - more fruits and veggies, less red meat, more fish, fewer calories, more fiber, less sugar, don't smoke, don't abuse alcohol or drugs. If people would follow these guidelines an ...
The Obama Recovery Persists At Least Until After the Election … and Then Watch Out!
May 02, 2012
Just in time for Barack Obama's re-election, as we've pointed out previously, the entire American economy is taking a tremendous uptick. We know this is so because we read about it in the mainstream media. It actually appears to us to be part of a larger elite ...
Now Bolivia Seizes Oil – Open Season on Western Assets or Something Even More?
May 02, 2012
Historical events tend to move in cycles. This is because the world seems to be in the grip of a kind of directed global convulsion leading to greater world government. We seem to be going through a radical "ism" phase again where the powers-that-be are trying ...
Almost Psychic … Andreessen Most Clairvoyant Person Since Pythia, or Not?
May 02, 2012
Marc Lowell Andreessen has always been at the forefront of the "technology revolution" and has made a lot of money by doing so. Now he is really excited about small phone-'Net technology and of course social networking. Has Andreessen lost his edge? Or is he as ...
The Velocity of Money Is Coming, Along With Big Price Inflation?
May 01, 2012
Axel Merk of Merk Funds is out with another good analysis of the tremendous monetary inflation now inherent in the Western dollar reserve system and its eventual impact. We have always argued ... wait. Sooner or later there will be tremendous price inflation. D ...
Britain Slows in Slump
May 01, 2012
Only 100 years ago there were very few central banks in the world. Today there are perhaps 150 of them, many reporting to the main Bank for International Settlements in Switzerland. Why is this so? What has made monopoly-fiat central banking such a successful c ...
The Caro Come Down …
May 01, 2012
Robert Allan Caro once wrote a brilliant book about Robert Moses, who is a seminal planning figure in modern America life. The book Caro wrote about Moses is justifiably celebrated. In it – and Caro writes exhaustively long books – Caro shows clearly how an ...
Building the Private Warfare State
May 01, 2012
What we call the Internet Reformation has given us a good perspective on how the West's military-intel-industrial complex foments conflicts and then monetizes them. We've watched the efflorescence of the "long war" in Africa and the Middle East – supposedly s ...
The Costs of War
May 01, 2012
This month Veterans Affairs Secretary Eric K. Shinseki announced the addition of some 1,900 mental health nurses, psychiatrists, psychologists and social workers to its existing workforce of 20,590 mental health staff in attempt to get a handle on the epidemic ...
Austerity Staggers, Germany Blows Up?
April 30, 2012
Here's another winning analysis from UK Telegraph columnist Ambrose Evans-Pritchard, in our view. As spectacularly wrong as he was about Spain avoiding a collapse (and we called him on it then, months ago) so we think he's correct about the demise of austerity ...
India Falters? Global Depression On Tap?
April 30, 2012
There is a big argument in the Western world, and especially in the US and Britain over the issue of public versus private monopoly-fiat (central banking) money. In this article excerpted above we can see that one of the top countries where the central bank is ...
Canada Introduces Plastic Cash – Say, How About Trying a Little Gold and Silver?
April 30, 2012
Used to be that money was at least in part gold and silver, circulating as gold and silver or as bank notes that represented gold and silver. At the height of the free-banking monetary experiment in the US, both before and after the Civil War, money circulated ...
Let Mitt Romney Be Romney and the US Shall Be a Better Place
April 30, 2012
An argument could be made that US President Barack Obama is typical of the kinds of rulers that the modern power elite is trying to install around the world. Bloodless, calculating, shrewd and cautious (in an unctuous and ruthless way), Obama is the kind of lea ...
Fox TV versus The New York Times
April 30, 2012
My team of media researchers is on vacation just now, so I have to do this by myself, based on my non-scientific study of the journalistic lay of the land. What I have concluded from years of observation is that Fox TV news is widely scoffed at by erudite folks ...
Charles Johnson on his Many Publications, Libertarian Feminism and Anarchic Individualism
April 29, 2012
The Daily Bell is pleased to present this exclusive interview with Charles W. Johnson. Introduction: Charles Johnson is a web developer, a prolific left-libertarian writer and book author, a student of philosophy and sometime teacher of logic. He was born in S ...
If Attacks on Libertarianism Get Problem Wrong, Can the Solution Be Correct?
April 28, 2012
The alternative media shop Truthout has posted an article intended to "stimulate a healthy dialogue about whether there is a conservative political tradition that can actually work with progressives." The article focuses on today's American conservatism, which ...
Spain's Collapse Is No Little Thing
April 27, 2012
Is Spain beginning to collapse and, perhaps, the EU with it? For well over a thousand years, Spain has been at the epicenter of Europe and its fate has provided a bellwether for Europe's larger situation. And whither Europe goes, so goes the West. The S&P downg ...
Chile Worries About Potential Argentine Military Provocations
April 27, 2012
The southern half of South America is bracing for an Argentine devaluation. People are readying for the worst. Last time it happened was more than ten years ago, around the turn of the century. It wasn't pretty then and it won't be pretty now. It could cause si ...
The Banality of Tyranny
April 27, 2012
German-Jewish (and eventually naturalized American) philosopher Hannah Arendt (1906-1975) outraged the Left with her definitive account of modern tyranny, The Origins of Totalitarianism. Written in 1951 when Stalin was still ruling the Soviet Union and worshipp ...
Taxpayers, Don't Let Them Fail! Spanish Banking on Brink …
April 26, 2012
Once again the cry goes up to preserve the banking sector. Is this necessary? In a free-market economy such failing institutions would shut down of their own accord. But that's not the way it works in the modern world. This is too bad because propping up such e ...
Transformational President Romney – Not!
April 26, 2012
Romney is not going to be a transformational president. Let's make that clear right away. But this squib of an article that has received wide play on the Internet makes that case anyway. One would have to be almost willfully ignorant to make such a statement, ...
VIDEO: A Rainbow for Obama
April 26, 2012
So ... this photo is all the over 'Net – the rainbow at the wingtip of Air Force One. We've had trouble all along with this Obama-as-messiah thing, and believe it to be a kind of meme. That is a dominant social theme of the elite, a theme having to do with th ...
The Economic Tyranny of the Interstate Commerce Clause
April 26, 2012
Here is an instructive comment from Supreme Court Justice Ruth Bader Ginsburg during the recent oral arguments presented about Obamacare: "People who don't participate in this market are making it much more expensive for the people who do; that is, they will ge ...
Is the Euro Slowly Dying?
April 25, 2012
Quietly, the euro may be dying. Or at least the top men in various countries may be taking steps to create room for its removal. We can see from the above excerpt that various nations' monies are now being invested locally rather than abroad. This is a signific ...
Is the Tea Party Waning?
April 25, 2012
This article from the Economist – a full-fledged mainstream mouthpiece – predicts, hopefully, the demise of the Tea Party movement in the US. But those who run the Economist and hope for world government should be careful of what they wish for. The Tea Part ...
The Trap Is Sprung … Obama as East-West Savior?
April 24, 2012
What we have here is what we've long anticipated, the end of one war and the beginning of a resurgent Barack Obama who may act as a peacemaker between East and West. This analysis is speculative in the extreme and even "conspiratorial." But it is borne of watch ...
Crime Is Up Worldwide, UN Intends to Provide a Solution
April 24, 2012
This is one of the oldest and hoariest of elite memes. It is the idea that only government can protect individuals from crime. It is an elite meme because elites have always warred against the middle class – and thus has throughout history created environment ...
CISPA is the New SOPA
April 24, 2012
Earlier this year, strong public opposition led by several prominent websites forced congressional leaders to cancel votes on two bills known in Washington as "SOPA" and "PIPA." Both of these bills threatened search engines and websites with possible shutdowns ...
EU Unraveling – Now It's Holland's Turn
April 23, 2012
Like some kind of rolling contagion, the insolvency affecting the Southern PIGS is spreading northward toward the supposedly solvent part of the EU. Now it's Holland's turn. We learn that austerity hasn't been a soft sell in Holland any more than it has been in ...
Germany Stands Athwart the European Crackup Shouting 'Stop'
April 23, 2012
In another article today we discuss the impending dissolution of the Dutch government over the issue of EU-imposed "austerity." There is no social consensus in Holland currently to cut the deficit back to the three percent demanded. Four or five percent is prob ...
Taxes vs. Fed – What's to Blame?
April 23, 2012
The above article excerpt would seem to put the "fiscal versus monetary" argument into perspective. It is an argument that, in our view, defines the modern state and what's "gone off the rails." Are taxes too high? Is that the reason for so much insolvency in E ...
Altruism Isn't Generosity
April 23, 2012
A big error has haunted humanity for centuries: it's the equivocation between generosity and altruism. The former is a virtue any decent human being will practice: It asks of one to reach out to deserving others in times of dire need. The latter is a policy of ...
Is the Case Against Megaupload Coming Apart?
April 23, 2012
We along with many others questioned the original premise when this occurred. The US justice system – really, the West's – has increasingly imposed punishment before the crime is confirmed, and the shutdown of Megaupload was only the most recent example of ...
Is Zimmerman America's Dreyfus?
April 21, 2012
I've been tracking the George Zimmerman case and it does seem to have some surface parallels to the infamous Dreyfus Affair. For those of you who may not know, Dreyfus was a Jew who was accused of passing French military secrets to the German Embassy in Paris. ...
Spain Bans Cash
April 20, 2012
They are not even making a pretense anymore that the West is run via market economies. As we have long predicted, the phony "sovereign debt" crisis in Europe is being used to justify all sorts of authoritarian measures. It is government pols that gladly borrowe ...
Huge Water Resource Found in Africa: World Bank Steps In?
April 20, 2012
We've charted this elite meme for several years – water scarcity. The powers-that-be create fear-based scarcity promotions and then propose globalist solutions. Water scarcity is a big promotion for them – and this meme is a central one these days. Right on ...
The JOBS Act: Washington Takes One Step Back Toward Capitalism
April 20, 2012
I know my editorial credibility and reader confidence will suddenly collapse when this goes to print but I have some good news out of Washington and Congress. Yes, I know what you are getting ready to do but don't hit the delete button just yet! The JOBS Act is ...
Does the CDC Tell the Truth About Vaccines and Immunizations?
April 20, 2012
The vaccine wars are heating up and now the US Centers for Disease Control and Prevention (CDC) has stepped in to let us know that measles is on the rise. Should we believe it? Once we would have without question. Even the name of the CDC inspires confidence an ...
BIS: Asian Central Banks Are Pretty Good!
April 19, 2012
What kind of snow are they eating in Switzerland? Monopoly private/public central banking has been a failure wherever it has been tried. The reason is very simple. Those who are in charge of printing money don't ever know how much to print. As a result they alw ...
Time Magazine Predicts Many Cars to be Unaffordable by 2025
April 19, 2012
We've been tracking the Western war on cars and this article in Time magazine raises the offensive a notch. The idea is that by making cars electric, you limit range and utility. But this article suggests that cars simply will be legislated out of existence for ...
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