News & Analysis
THOUGHTFUL NEWS, EXCLUSIVE INTERVIEWS
I always read the Bell. The news items are thoughtfully selected, and the interviews are unavailable elsewhere.
OUT OF THE DARK
The Daily Bell leads us out of the dark tunnel of manipulated press into the light of free press.
Sit down to read from The Daily Bell and experience a jolt of intellectual energy.
INSIGHT YOU CANNOT IGNORE
The Daily Bell provides unique insights on contemporary political, economic and social problems that can be found in such a concentrated form nowhere else. Whether one agrees or disagrees with it, one cannot afford to ignore it.
A VIRTUAL WHO'S WHO
The good and the bad, the big dogs and the small, the thinkers and the doers among libertarians and on the "Right" – you can encounter them all in The Daily Bell's exclusive weekly interviews. Indispensable.
GUTS, OBJECTIVITY, WISDOM
Rarely does a publication have the guts and objectivity to tell it like it is, yet the eloquence and wisdom to listen carefully to the ‘other side.’ This is The Daily Bell accomplishing its daily mission.
I consider The Daily Bell essential reading for anyone desirous of understanding the way the world really works.
GREAT THINKERS YOU CAN'T GET ANYWHERE ELSE
The Daily Bell has revived that great old institution of the personal interview, extracting information from today's great thinkers you can't get anywhere else. Outstanding!
The Daily Bell does a remarkable job of exposing how money power uses central banking to crush people into submission via global government with economic and political slavery being the desired end result.
GREAT INVESTMENT INFORMATION
I love reading The Daily Bell! Interesting investment information, a political and social viewpoint that lets me know I'm not alone in the world and "annotated" with analysis. I highly recommend it to all interested readers.
SEPARATES WHEAT FROM CHAFF
The Daily Bell is a true beacon to lead in helping the reader to separate the wheat from the chaff.
The Daily Bell is one of the most innovative and in-depth websites on the Internet. The breadth of the content is awe inspiring and the amount of knowledge imparted is almost impossible to quantify. For me, as a liberty minded seeker of knowledge, it is a must read.
A MUST-READ FOR EVERYONE
The Daily Bell is a must-read for anyone who wants to understand the effects of the state on our economic future.
I enjoy reading The Daily Bell because it often has refreshing and novel ways of looking at things.
SOURCES YOU CAN TRUST
The Daily Bell should be on everyone's shortlist of news sources you can trust. It's on mine, and we often refer to it in our own weekly news service at The Reality Zone.
There is no other publication in print or on the Internet like The Daily Bell. They have the courage to report the truth and analyze current foreign policy, politics and economic events in the context of a formerly hidden history of financial elites.
NEVER MISS AN ISSUE
I love the Daily Bell. Every issue is principled and informative.
MESSAGES OF TRUTH
The Daily Bell website is one of the authentic voices cutting through the clouds of vapid opinion, the morass of mediocre media and the confusion of Orwellian doublespeak. The Bell website lives up to its name, ringing unheard messages of truth in our ears.
The Daily Bell affords an excellent alternative perspective on some of the noise and nonsense of mainstream media. In particular, I enjoy reading Anthony Wile's 'free-market analysis' on current subjects and articles. Very insightful.
VOICE OF REASON
I have thoroughly enjoyed the analysis and interviews at The Daily Bell, which has so often been a voice of reason during these perilous times
Get outside the box with The Daily Bell and experience independent views.
For alternative views on contemporary politics, culture and science, from a libertarian point of view, check out The Daily Bell.
A LEADING LIGHT
The future is created by the people who build it, not the people who predict it will not exist. You can meet lots of important builders by reading The Daily Bell.
The Daily Bell is an indispensable source of news and information for those seeking to curtail the power of the welfare-warfare state.
Liberty is under assault by Big Government. The Daily Bell is an essential tool for information for those who want to fight for freedom.
ONE OF MY FAVORITE SITES
The Daily Bell is one of five sites that I review every day because I find there a clear, common-sense interpretation of everyday events.
PROFOUND AND PROVOCATIVE
Every day, I rely on the Daily Bell for a different perspective you'll never find in the regular media. It's an analysis and timely insight that is profound and provocative.
GREAT JOB, DAILY BELL
I can say that, unlike the mainstream press, The Daily Bell knows the questions to ask and has the chutzpah to ask them. They realize that socialism and Keynesianism are wrecking the world and they are helping to save what is left of liberty and free markets.
The Daily Bell is a fantastic source of challenging thought from a wide range of freedom loving people.
PART OF MY DAILY NEWS DIET
I read it every day!
I read The Daily Bell every day and I find it very informative.
READ IT EVERY DAY
A defender of free markets, The Daily Bell takes a libertarian approach to expose and unravel global misinformation. Read The Daily Bell – every day!
The Daily Bell features consistently solid analysis of and thoughtful challenges to contemporary statism. I am proud to be on the team.
THE DAILY BELL IS A MUST-READ
Because the world is changing so rapidly, it is difficult to keep up, which means The Daily Bell is a must read. I consider the information critically important reading.
PREMIER FREE-MARKET ANALYSIS
The Daily Bell rings out for liberty every day. It is the premier online source for insightful and hard-hitting free-market analysis and interpretation of economic, political and business events.
AHEAD OF THE CURVE
The Daily Bell has come out of nowhere to introduce to the Internet community some of the most intriguing and proactive interviews there are out there. Let's hear it for creativity and being ahead of the curve.
CUTTING EDGE ANALYSIS
At a time when growing majorities worldwide are tuning out mainstream news, people are seeking the cutting edge, insightful and thought provoking analysis that The Daily Bell consistently provides.
INFORMATIVE SOURCE OF INFORMATION
The Daily Bell is an informative source of information and commentary from leading figures in the liberty movement. It's a pleasure to be interviewed alongside far more notable individuals.
The Daily Bell has a great libertarian point of view, and excellent economic analysis. Add it to your daily reading.
TRUTH AT WORK
There are very few publications out there that have the smarts and guts to tell the truth about the dictatorial forces at work destroying our civilization. Thankfully The Daily Bell is one of them, and it appears in the mailbox every day.
I really enjoy reading The Daily Bell for the excellent research and content provided on a wide variety of issues vital to the Freedom Movement.
Goldman Roiled by Op-Ed Loses $2.2 Billion ... Smith Resignation Costs Goldman Shareholders $2.2B ... Goldman Sachs Group Inc. (GS) saw $2.15 billion of its market value wiped out after an employee assailed Chief Executive Officer Lloyd C. Blankfein's management and the firm's treatment of clients, sparking debate across Wall Street. The shares dropped 3.4 percent in New York trading yesterday, the third-biggest decline in the 81-company Standard & Poor's 500 Financials Index, after London-based Greg Smith made the accusations in a New York Times op-ed piece. Smith, who also wrote that he was quitting after 12 years at the company, blamed Blankfein, 57, and President Gary D. Cohn, 51, for a "decline in the firm's moral fiber." They responded in a memo to current and former employees, saying that Smith's assertions don't reflect the firm's values, culture or "how the vast majority of people at Goldman Sachs think about the firm and the work it does on behalf of our clients." – New York Times
Dominant Social Theme: Dig up Pecora and let him run a commission.
Free-Market Analysis: Hoo boy. Here's what we really need: New "Pecora Hearings." is this why Goldman is being pilloried once again?
Is it a deliberate hit job of sorts? Certainly it is compelling. People hate the system so much that even the alternative news media goes along when it comes to Goldman Sachs.
It never seems to occur to anyone, even the brightest of the alternative media minds, that this is the way the power elite works. Do they ever set up a dialectic they don't control? "They" OWN Goldman Sachs it seems to us. Goldman works for "them" ... and "they" are offering up this firm like a sacrificial lamb.
But the stakes could not be higher. The end of the US system of capital-raising is being oiled and greased in Washington thanks to the constant drumbeat of anti-Wall Street news.
The guillotine is being sharpened. The screws are being tightened. It is almost time for the show to begin.
And what a show it will be: Political theatre designed to reduce what is left of Wall Street entirely to an adjunct of Washington, DC.
In the process it will accomplish what Alexander Hamilton long dreamed of doing 250 years ago: Reconfigure the Republic and turn it into a version of European nation-states.
After these new hearings take place, George Orwell's famous phrase will be fully operative: "If you want a picture of the future, imagine a boot stomping on a human face – forever."
This unpleasant sentiment has been the goal of certain individuals; but the proximate reality has drawn considerably closer in the past years now, ever since the disastrous economic collapse of 2008.
You ask why this is so. Why is it bad to have a Congressional Hearing to punish Wall Street and "throw the crooks in jail"? That's not the REAL reason for these upcoming hearings.
The real reason is to kill the last vestiges of the capital-raising mechanism in the US. Kill it. Kill it dead. After these new hearings take place, the ability for average people to raise capital – already doubtful – will be improbable indeed.
The other thing these hearings will attempt to do is to provide legitimacy for the current US political system and the penal-industrial complex. Over and over certain people complain that the "crooks" have not yet gone to jail.
But to put the "crooks in jail" will utilize the entire illegitimate structure of US power including the entirely corrupt US Congress, increasingly authoritarian law enforcement and murderous penal facilities themselves. The powers-that-be intend to capitalize on the righteous anger of US citizens to prop up the horrid system of US jurisprudence and Congress itself that only has about a 10 percent approval rating currently with the larger public.
This is only a secondary point, however. The primary goal is even more malicious. The power elite intends to make damn sure that if people make money in the future, it won't be via formal capital raising mechanisms.
The US has always been a nightmare for the elites that intend to run the world (and apparently control the world's central banks). One of the worst parts of the US system from a its standpoint is that average people have the capacity to make money. This isn't really the case in Europe where capital is doled out like royal titles: One needs, mostly, to be "connected" to get it.
But in the US even impoverished social misfits with a bright idea could raise money and build a business, even a big businesses. The power elite that now controls both money and media around the world has always found this to be unacceptable. First "they" helped create a formal "constitutional republic" and then with the advent of the Civil War, they helped destroy it.
They launched their apparent agent JP Morgan to control the wealth of the US and to create a series of phony crashes when he was fully empowered. The crash of 1907, which Morgan supposedly cured, seems to have been his creation as well.
It led directly to the Federal Reserve act and launched a century long inflation that has now devalued the dollar by about 99 percent. It is this monopoly central banking that has led to the current recessionary depression as well. The US is a hollowed-out economy. This was apparently the plan. The US and its republican culture stood in the way of world government.
On the way to the current disasters, regulatory democracy has taken root throughout the Western world. Regulatory democracy is supposedly the result of "market failures."
The biggest market failure that gave rise to regulations the way Helen of Troy's face supposedly launched a thousand ships, was the Crash of 1929 and the subsequent Depression. The putative result of these events was the so-called Pecora Hearings. And now the US is gearing up for another one.
We've been writing about this since last year. In fact, we were reporting on it as a dominant social theme long before there came "news" that a Pecora Hearing committee was forming in the bowels of Congress. Boy, were we surprised ... not. You can see one of our articles here: The Real Reason Bloomberg Sued to Open Up Fed Records?
Here at the Daily Bell, we observe the dominant social themes of the elite. We noticed that The Occupy Wall Street movement, funded ultimately by George Soros, seemed to spend an inordinate amount of time blaming Wall Street for the woes of the world. We even believe we know who is going to HEAD the committee. (Perhaps we're only "blowing bubbles," pretty bubbles, etc. ...) Just the other day, March 9, in the American Reporter, we see the following:
We are overdue for an accountability moment for the American financial industry. Fraud on a scale unimaginable has been committed, and the hard-earned savings of countless Americans has been looted, yet so far, only Madoff has taken the fall.
A bipartisan congressional panel armed with subpoena power is being formed to investigate causes of the Wall Street meltdown. The 10-member Financial Crisis Inquiry Commission (FCIC) will study how fraud, regulatory lapses, monetary policy, accounting, lending practices and executive pay contributed to the worst global financial crisis since the Great Depression.
The FCIC is modeled after the Pecora Commission, a U.S. Senate panel formed in the early 1930s that investigated the causes of the 1929 Wall Street crash. Those hearings, led by Ferdinand Pecora, produced the facts and momentum for the major New Deal financial reforms.
We need a Pecora-style investigation that will name names, ask tough questions and seek remedies. What we don't need is for the FCIC to be another version of the 9/11 Commission, a panel that was never allowed to fully and completely investigate all the lapses that led to the Sept. 11, 2001, terror attacks.
This is what we call an elite dominant social theme, folks. You got "yours" good and hard. And now it's time for Wall Street to pay.
The initial Pecora Hearings, run by Ferdinand Pecora, took place in the 1930s under Franklin Delano Roosevelt and resulted in the Wall Street we have today. In fact, the Pecora Hearings were based on farce and developed via fallacy.
The farcical part was that the Roaring Twenties and subsequent depression were the fault of Wall Street. Today, of course, historical fact points to illegal Federal Reserve inflation.
The Fed printed much more money than it had the right to print in the 20s and then after the crash, FDR deliberately covered up the crime by declaring bank holidays so that people would never cash in their paper receipts for gold.
When this didn't prove effective, FDR confiscated gold to make sure the banks, under the thumb of the newly founded Fed, would never have to redeem a penny. Thus we can see from the 1930s on, the Fed and the US government acted as a kind of criminal syndicate. This is forbidden history. It has only emerged popularly in the past decade, thanks to the Internet.
Today, thanks to free-market Austrian thinkers such as Ludwig von Mises, we know that the business cycle itself was responsible for the 1929 Crash and Great Depression. First, the Fed printed too much money and made everyone feel rich. Then, when the hot money circulated like sugar fueling a diabetic stroke, came the dreaded bust.
As a result, the Pecora Hearings were developed. The blame for the Crash and Great Depression were pinned on Wall Street and a bouquet of faux regulatory blossoms were cultivated: The SEC was formed, the NASD was created and outfits like the New York Stock Exchange were dubbed "self regulatory organizations."
The "public" stock market was invented, too. People tend to think there is a distinction between a private and public stock market but like so many other things in life, it is merely a regulatory distinction.
Let's not forget Glass-Steagall, as well. The idea of all of these nonsensical regulatory endeavors was to blame the crime of Federal Reserve monetary inflation on Wall Street chicanery. And now it is happening again. Goldman Sachs is being targeted for just this reason, in our view.
Of course, Wall Street DESERVES to be targeted. It is a shadow of a free-market facility, merely an adjunct of the power elite at this point. But it is not the MAIN MECHANISM of the coming authoritarianism. The main tools are monopoly-fiat central banking and government regulation.
The power elite flourishes via mercantilism. It created the Fed to be perceived as a PUBLIC facility and the Fed derives its authority from its PUBLIC brief. Government is not merely a helper in this regard, it is the prime enabler. Without enabling government regulation, the Fed would not exist; its credibility would not be buttressed.
The game is always ... blame Wall Street. We have no affection for modern Wall Street of its crookedness, but we can see an elitist meme as well as anyone. At this point Wall Street is hardly a private entity in aggregate. It, too, is a quasi-public facility with all the attendant market failure.
Were Wall Street actually PRIVATE – and run by the Invisible Hand – we'd be bigger boosters. But Wall Street's ruin and rapine is a direct result of the regulatory regime under which it is now "run." And the game, of course, is to pile up regulation on regulation until the banking mechanisms of the country are entirely dysfunctional and run out of Washington (at the behest of the elites running the shadow government).
We are therefore a bit ... suspicious of this executive director Greg Smith who quit Goldman in an open letter in the New York Times. He blasted Goldman Sachs and its unethical behavior. And the New York Times, a prime mouthpiece of the elite, was happy to report and report ... and report ... on it.
Our elves made a tiny bet among themselves that a Rhodes Scholarship (a sign of elite influence) lurked in Smith's background. We went looking and this is what we found, courtesy of an article in the UK Daily Mail:
... [Stanford University] confirmed he was given a scholarship but was not able to disclose how much it was for. After graduating, he applied for the prestigious Rhodes Scholarship which counts Chelsea Clinton among its alumni and would have allowed him to study at Oxford University in England for a year.
Smith was one of 10 finalists but only four got a place - and he missed out. A person familiar with the Rhodes application process said: 'If he got that far academically he was brilliant. 'It is not usual for people in such a position to take a job with a company like Goldman Sachs for a year or so between university and going on the Rhodes scholarship. Firms like Goldman seek them out as they are the best.'
Despite his successful career, in his letter Mr Smith said the 'proudest moments in his life' were getting the Stanford scholarship, being selected as a Rhodes Scholar national finalist and winning a bronze medal for table tennis at the Maccabiah Games in Israel, known as the Jewish Olympics. He said that was because those achievements 'came through hard work, with no short cuts.'
We're not as enamored of Rhodes Scholarships as is Mr. Smith. The Rhodes Scholarships come out of Oxford that, like Harvard, train and create the academic stormtroopers of the elite. Here's William Jasper on the characteristics that Cecil Rhodes valued for Rhodes Scholars:
"What are the characteristics that the Rhodes scholarship selection committees were to look for in candidates and nurture in their scholars? According to Rhodes' own criteria ... the traits most desired were(and are) "smugness, brutality, unctuous rectitude, and tact." ... According to Rhodes' co-conspirator Stead, it was expected that by 1920 there would be"between two and three thousand men in the prime of life scattered all over the world, each of whom, moreover, would have been specially - mathematically - selected toward the Founder's purposes."
We shall close with an observation that appeared in our previous article on what is manifestly planned for the US: "So ... remember this, please, as you listen to whatever Congress may muster after the next presidential elections (or even before). In the world of power and money, there is NOTHING that is as it seems. Countries NEVER go to war for stated reasons. Laws are NEVER passed for the reasons that are given. Regulations are NEVER propounded to "protect" the individual, but only to advantage the most powerful – the ones who can make the rules."