News & Analysis
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.
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.
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.
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.
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.
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.
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.
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.
The Daily Bell has a great libertarian point of view, and excellent economic analysis. Add it to your daily reading.
I enjoy reading The Daily Bell because it often has refreshing and novel ways of looking at things.
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.
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
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.
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 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.
For alternative views on contemporary politics, culture and science, from a libertarian point of view, check out The Daily Bell.
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.
Get outside the box with The Daily Bell and experience independent views.
THOUGHTFUL NEWS, EXCLUSIVE INTERVIEWS
I always read the Bell. The news items are thoughtfully selected, and the interviews are unavailable elsewhere.
I read The Daily Bell every day and I find it very informative.
The Daily Bell is an indispensable source of news and information for those seeking to curtail the power of the welfare-warfare state.
NEVER MISS AN ISSUE
I love the Daily Bell. Every issue is principled and informative.
Sit down to read from The Daily Bell and experience a jolt of intellectual energy.
The Daily Bell is a fantastic source of challenging thought from a wide range of freedom loving people.
SEPARATES WHEAT FROM CHAFF
The Daily Bell is a true beacon to lead in helping the reader to separate the wheat from the chaff.
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 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.
PART OF MY DAILY NEWS DIET
I read it every day!
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.
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.
The Daily Bell features consistently solid analysis of and thoughtful challenges to contemporary statism. I am proud to be on the team.
OUT OF THE DARK
The Daily Bell leads us out of the dark tunnel of manipulated press into the light of free press.
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.
Liberty is under assault by Big Government. The Daily Bell is an essential tool for information for those who want to fight for freedom.
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.
I consider The Daily Bell essential reading for anyone desirous of understanding the way the world really works.
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.
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.
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.
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 really enjoy reading The Daily Bell for the excellent research and content provided on a wide variety of issues vital to the Freedom Movement.
Commentary: Romney is wrong on what drives a recovery ... Our economy faces two urgent needs: Jump-starting growth and job creation now, and boosting the U.S. economy's potential to generate growth, jobs and rising living standards in the years to come. But the economic proposals advanced by former Gov. Mitt Romney would do nothing to advance the recovery. They could actually slow its pace. For almost 200 years economists have understood that there are two sources of high unemployment. The first is structural unemployment, when the salaries that workers expect are greater than the salaries businesses expect to pay. The second is cyclical unemployment, when the households, businesses and governments in the economy collectively plan to spend less than they take in. – Detroit News/J. Bradford DeLong, professor of economics at the University of California
Dominant Social Theme: John Maynard Keynes had this all figured out long ago.
Free-Market Analysis: It makes one want to throw up his hands and cradle his aching head. Here is Professor DeLong, who once served as a Clinton-era deputy assistant secretary of the treasury for economic policy, writing an entirely nonsensical editorial.
The only hopeful sign is that the many feedback entries accompanying the editorial seem more informed than DeLong himself. This is a significant development indicating economics is not the preserve of academia anymore but, thanks to the Internet, information sharing has become a freely available intellectual discipline with modern relevance and immediate impact.
This no doubt worries elitists like DeLong, who writes articles that must be calculated to confuse. In this article, he is conforming to the weary left-right paradigm so beloved by the top elites. By allowing the electorate only choices within the paradigm of state activism, the powers-that-be have attempted to marginalize the freedom dialogue. One's choices are to be restricted electorally to various forms of statist manipulations.
DeLong obviously comes down on the leftist side of the fence, given his political experience and the language of this article. Here's some more:
Romney, the presumptive Republican candidate for president, has a plan for dealing with structural unemployment. We need to make progress on this problem in the coming years, and economists could debate whether Romney's plans would help or hurt. (I am skeptical.)
But he does not have any plan at all to deal with the immediate problem: cyclical unemployment.
This is a big problem for the rest of us, because it's the kind we're suffering from. The cure for that disease requires rearranging matters so that total spending of households, businesses and government is once again equal to the total of what they take in.
As the Washington Post's Greg Sargent pointed out, when CNBC asked Romney what he would do to boost employment in the short run, he replied with zero proposals for dealing with cyclical unemployment. Each of Romney's answers — regarding trade, balancing the budget in eight to 10 years, more drilling for oil and gas, union rights, business taxes and repealing health reform — deals with structural unemployment, not the jobs crisis we face now.
We have made progress, but we are still nowhere near where we need to be in terms of recovering from the depth of the recession and the cyclical employment crisis. One of our major political parties is about to nominate a candidate for president who has no plans at all for even attempting to solve it.
What is the plan that the "other major party" has to "create jobs"? Well ... it is President Obama's American Jobs Act.
According to DeLong, it offers payroll tax holidays "to encourage businesses to hire and invest" along with stemming the layoffs of "cops, firefighters and teachers." DeLong also writes it addresses mortgage refinancing and would reform the unemployment insurance system to help people gain new skills and find work faster.
As for Romney, "He has no plan. You need more than a year to climb out of the deep hole we are in."
The president's plan was built on ideas that moderate Republicans had supported in the past. If Republicans hadn't blocked President Obama's plans last year, they would have filled the glass half full — and this year there would be a second jobs bill to fill the glass to the top. But Romney pretends that there is no glass at all.
In fact, there ISN'T a glass. Grant DeLong's solutions and one is stuck with a revivifying of what has gone before. Does that make any sense? The current system is in the process of crashing around the world – as it has before, most notably in the 1930s and 1970s. People live and work under the shadow of worldwide depression.
One thing what we call the Internet Reformation has shown us clearly above all others is that the current economic system provides those who toil within its coils with a kind of Dreamtime. The stimulation of monopoly fiat money gives people false confidence that is then shattered when the vast sums of money injected into the system cause inevitable imbalances leading to severe downturns.
People think it is "normal" that capitalism can reshape a billion-plus person society like China in a single generation. In fact, it cannot. The imbalances built into the BRICs are vast and deadly and eventually will spell their downfall.
The stimulation of fiat – monopoly money printing – does provide enormous industrial expansion but the expansion is bound to be unbalanced and evanescent. It does not stem from human action but from a kind of command-and-control (price fixing) that will inevitably founder and collapse, as we have seen it do regularly.
Economies have to grow in an integral way. It takes ... well, centuries for a prosperous economy to expand within the context of a normal money structure. Try to do things within the context of the modern money economy and you end up with the kind of empty cities that China is now building.
This is the system that DeLong wants to salvage and resurrect. What's especially ironic is that not only has it been emplaced by the power elite that he evidently and obviously works for, but it is also has been brought down by those same elites.
The idea, from what we can tell, is to continue to aggravate the current downturn in order to prepare for some kind of world government. If this is the case then any recovery will be a long time coming indeed.
DeLong deals with none of these issues. He is merely concerned with creating more government programs to recreate the faux-prosperity of what has come before. Central banking monopoly fiat money is a bit like crack cocaine. It provides us with euphoric stimulations that eventually collapse, leaving us worse off than before.
This is the kind of system that has left Japan in a 20-year slump and has caused almost half of Detroit to be razed by bulldozers. Even were DeLong's suggestions to be seen as feasible, is the current monetary and economic system – as it is – worth salvaging? Or are there REAL alternatives ... ?