EDITORIAL
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November 07, 2013
In textile factories, they were called "scavengers." The typical scavenger was about six years old, and the child's job was to reclaim loose cotton that fell under the machinery. Because the machines kept operating, terrible injuries were commonplace. History p ...
November 06, 2013
The most prominent of Austrian economists was the late F.A. Hayek. He won the Nobel Prize in economic science – shared it with Gunnar Myrdal whose ideas in the discipline of political economy were nearly the opposite of Hayek's – in 1974. His last book, The ...
November 05, 2013
For centuries inflation has been considered a quick fix for economic problems. Create a lot of money, raise prices, and prosperity for all shall be assured in a short amount of time. With the US economy stuck in slow growth and a relatively high rate of unemplo ...
November 04, 2013
October was Iraq's deadliest month since April, 2008. In those five and a half years, not only has there been no improvement in Iraq's security situation, but things have gotten much worse. More than 1,000 people were killed in Iraq last month, the vast majorit ...
November 02, 2013
The party is on. And you read it here first. As we observe this phenomenon, we realize that global warming is going to play a big role in Wall Street's upcoming and ongoing promotion. But let's take it from the top. Several things just happened that confirm a f ...
November 01, 2013
Readers ask me if Paul Krugman could be correct that deficits don't matter and that neither does printing endless reams of money with which to purchase the Treasury's debt instruments that finance the deficits. If people at home and abroad who hold dollars and ...
October 31, 2013
Few aspects of America's past are as thoroughly misunderstood as the history of the labor movements that thrived in the late 19th and early 20th centuries. The modern union that arose and usurped their place was the antithesis of what it claimed to be. It did n ...
October 30, 2013
To be prudent amounts to making sure that one takes good care of oneself in all important areas of one's life. Health, wealth, family, friendship, understanding, etc. are all in need of good care so that one will achieve and sustain one's development as a human ...
October 29, 2013
Nobel prize-winning Keynesian economist Lawrence Klein died on October 20, 2013, at the age of 93. A long-time professor of economics at the University of Pennsylvania, he was awarded the Nobel Prize in 1980 for his development of econometric (or statistical) m ...
October 28, 2013
Last week it was reported that Saudi Arabia decided to make a "major shift" away from its 80 years of close cooperation with the United States. The Saudi leadership is angry that the Obama administration did not attack Syria last month, and that it has not deli ...
October 26, 2013
An article in Salon was recently brought to our attention by Hugo, a feedbacker. It is entitled "Elites' strange plot to take over the world." Thanks, Hugo. Appearing about a month ago, it is basically an admission of the entire globalist enterprise over the pa ...
October 25, 2013
The year 2014 could be shaping up as the year that the chickens come home to roost. Americans, even well-informed ones, don't know all of the mistakes made by neoconized and corrupted Washington in the past two decades. However, enough is known to see that the ...
October 24, 2013
The much vaunted class conflict between rich and poor is political fraud on stilts. It comes from a bastardization of class analysis that is used to divide people who might otherwise unite and turn against the true threat: the state. In reality, entrepreneurs a ...
October 23, 2013
One of the major differences between individualists and communitarians is that the latter believe the individual human being belongs to his or her community. Whatever decisions men and women make, it must square with what is best for the community, for the trib ...
October 22, 2013
The news shows and the editorial pages of America's mainstream media have all focused on the claimed extremism of the Tea Party conservatives in bringing about an apparent partial government shutdown and trying to prevent an increase in the national debt limit. ...
October 21, 2013
Washington, DC, Wall Street and central bankers around the world rejoiced this week as Congress came to an agreement to end the government shutdown and lift the debt ceiling. The latest spending-and-debt deal was negotiated by congressional leaders behind close ...
October 21, 2013
This is the text of Ron Holland's speech about his new book, Restoring Our American Legacy, presented at the first annual High Alert Investment Conference in Cape Breton, Nova Scotia on October 18, 2013. Later in the article we will tell you how to receive a fr ...
October 19, 2013
Reuters is carrying an editorial today on how the DC "government has failed us – again." Knowing Reuters's record on articles like this, you might wonder why I stopped to read it. It was the title of the article, "The Sanity Caucus," that caught my eye. Surpr ...
October 17, 2013
There is much speculation about what is going on in the public policy debates that are afoot these days. But no one to my knowledge has noted that a particular philosophical position may be very influential in all the discussion. This is that idea that moral/po ...
October 16, 2013
Not that long ago government and free market proponents were at sword's point, but no more. With little left in the private sector to rip off, the financial gangsters have turned to the public sector and put to work for them the free market economists' advocacy ...
October 15, 2013
The mainstream media and the Washington, D.C.-obsessed news pundits are in hysterics that the United States government is potentially facing default if the Congress does not increase the legal debt limit, so the U.S. Treasury can continue to borrow more and mor ...
October 14, 2013
The news that Janet Yellen was nominated to become the next Chairman of the Board of Governors of the Federal Reserve System was greeted with joy by financial markets and the financial press. Wall Street saw Yellen's nomination as a harbinger of continued easy ...
October 12, 2013
If we examine this week's main events, we observe some powerful dominant social themes in action. Perhaps the biggest continuing news was the US government shutdown. The memes were predictable enough, having to do with the efficacy of government and the necessi ...
October 12, 2013
In a speech to the Commonwealth Club, San Francisco, November 23, 2010, Peter Dale Scott gave a history of the various directives concerned with government continuity during a state of emergency. He showed that these directives could be used to supersede the Co ...
October 11, 2013
"Dad, I've got to do something," begins a panicky letter from one of the children. "When I changed my job status, I lost my health insurance. The best policy I can find is $550 a month. What should I do?" "Don't buy the insurance," we suggested. "It's a waste o ...
October 10, 2013
Katherine Rushton of The Daily Telegraph wrote a column trying to embarrass those in America, like Republican lawmaker Kieran Michael Lalor, who oppose bringing in Al Jazeera television on to the American television news market. Ms. Rushton feels such oppositio ...
October 07, 2013
Last week, for the first time since the 1979 Iranian revolution, the US president spoke with his Iranian counterpart. Their 15 minute telephone call was reported to open the door to further high-level discussions. This is a very important event. I have been say ...
October 05, 2013
I’m happy to announce the Daily Bell is back online as of today. Starting now, you can visit The Daily Bell every day for groundbreaking news, analysis, editorials and exclusive interviews. We’re not changing anything in terms of our editorial approach, jus ...
October 01, 2013
As I write this, it appears that the federal government is about to shut down because the House and Senate cannot agree on whether to add language defunding or delaying Obamacare to the “Continuing Resolution”. Despite all the hand-wringing heard in DC, a s ...
September 28, 2013
A recent Bloomberg article states, "Americans in Poll Doubt Economy Rebound." I tweeted about this recently, pointing out the article, because it showed the disconnect between the stock market and what is happening "on the ground." Millions of investors miss ou ...
September 27, 2013
While I hate to give such praise to a foreign leader, Putin has undoubtedly run rings around the moribund and bureaucratic incompetence of the Laurel and Hardy-style Obama and Kerry team on Syria. Putin diplomatically has the swiftness and stealth of the South' ...
September 25, 2013
One unique aspect of my homeschool curriculum is that students can start and manage their own online business. Students will be responsible for deciding what products or services to offer, getting the business up and running, and marketing the business’s prod ...
September 24, 2013
AP writes of moves by the Obama administration "to limit power-plant carbon pollution." This is no doubt a step toward the kind of carbon tax that Australia recently put in place and which the new, conservative Australian government is now attempting to roll ba ...
September 22, 2013
There were numerous reasons why the system stumbled so badly but one was clearly identified by The Economist magazine (9/7/75). "And as so often in the history of financial crashes, humble consumers also joined in the collective delusion that lasting prosperity ...
September 20, 2013
Warren Buffett has just come out with the statement, about which I tweeted earlier today when I first stumbled on it, that the "Fed Is [the] Greatest Hedge Fund in History." According to Bloomberg, he elaborated with the statement that the Fed's "generating '$8 ...
September 19, 2013
The media’s caricature of libertarians is a pendulum that swings from one extreme to another. One minute we’re grasping plutocrats, championing the privileged, and the next minute we’re losers living in our parents’ basements. Not long ago, Michael Lind ...
September 18, 2013
The Fed's failure today to announce some sort of tapering of its QE program, despite the consensus of an overwhelming percentage of economists who expected action, once again reveals the degree to which mainstream analysts have overestimated the strength of our ...
September 18, 2013
This may directly impact how you invest or rebalance your portfolio, view or engage in politics, and how you will attempt to secure your wealth in the future. I believe this will dramatically impact the dollar, gold and bonds. In addition, it may well create th ...
September 13, 2013
As you know, The Daily Bell is returning – under the umbrella of a new boutique, free-market oriented venture capital firm I recently launched, High Alert Investment Management Ltd. In mid-October, we'll launch the exciting new Daily Bell, and we'll unveil it ...
September 05, 2013
In recent months economic commentators and financial markets have focused almost excessively on the Federal Reserve's quantitative easing ("QE") policy as the market's main driver. However, last month two senior economists at the Federal Reserve published a rep ...
August 27, 2013
I know that many of you were left wondering why The Daily Bell ceased publishing on July 16th. In due time The Bell will reappear, albeit in a somewhat different form, and you'll be notified as soon as that happens. But today, I want to tell you what has focuse ...
July 16, 2013
Well, it has been a great ride. Much has been accomplished at The Daily Bell and principal partner Anthony Wile has decided it is time to allow The Daily Bell to stand as is, as a historical testimony describing our current troubled and exciting times. Content ...
July 15, 2013
Ten-year old cystic fibrosis patient Sarah Murnaghan captured the nation's attention when federal bureaucrats imposed a de facto death sentence on her by refusing to modify the rules governing organ transplants. The rules in question forbid children under 12 fr ...
July 15, 2013
The American people have suffered a coup d'etat, but they are hesitant to acknowledge it. The regime ruling in Washington today lacks constitutional and legal legitimacy. Americans are ruled by usurpers who claim that the executive branch is above the law and t ...
July 13, 2013
For years, we've been pointing out that Peak Oil is a dominant social theme, a scarcity meme used by the powers-that-be to reinforce the US petrodollar and generally to control economic and sociopolitical elements of society. And now comes word via various news ...
July 11, 2013
Here at The Daily Bell we've pioneered a way of reporting on the big picture. We've focused on how the Internet is a "game changer" via what we call the Internet Reformation and created a new way of looking at financial information using dominant social themes ...
July 11, 2013
Let's see. Where are we? Dow up 88 yesterday. Gold up $22. What's pushing up the Dow? A lot of chatter about a "new American century"... and an apparent recovery. You know our position: Recovery isn't possible. Drug addicts do not recover by taking more drugs. ...
July 10, 2013
Hardly anyone in America disputes that slavery is wrong. It's an institution that must be prohibited, never to be readmitted into society. Indeed, slavery is so wrong that it is very tempting for decent men and women to devote time and resources to ferret it ou ...
July 08, 2013
Looking at the banners in the massive Egyptian protests last week, we saw many anti-American slogans. Likewise, the Muslim Brotherhood-led government that was deposed by the military last week was very critical of what it saw as US support for the coup. Why is ...
July 06, 2013
A short article posted at the conservative Breitbart website and then posted at Drudge.com shows us clearly how the American Dream is failing. Far from aspiring to a house, two cars and a vacation every year, many US citizens now dream of no more than full-time ...