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The care of human life and happiness, and not their destruction, is the first and only object of good government.
- Thomas Jefferson


11/23/2104
Illinois $111 billion pension deficit fix struck down
Illinois is the canary in the coal mine. In the future, all pensions will be stressed as the lack of future growth will make it impossible to fulfill past promises.  full article...
11/23/2104
Doubts cloud Junker's new investment plan
Neither economists or politicians can revive the bankers' dying ponzi-scheme. EC president Junker's plan won't work either.  full article...
11/23/2104
Falling inflation a worry for Europe but also the world
'Falling inflation' signals growing deflation but economists are too afraid to say the 'D' word.  full article...
11/23/2104
China shaking: CCTV cams catch earthquake moment
Record heat, record cold, fires, floods, drought, earthquakes, etc. The earth changes are here.


 full article...
11/23/2104
Aftermath of 6.3 magnitude quake that hit Sichuan



 full article...
11/23/2104
Japan 6.3 quake collapses homes, causes injuries



 full article...
11/23/2104
Earthquake measuring 5.6 strikes Romania



 full article...
11/23/2104
Hong Kong as the world's highest number of super rich women
Women are have more opportunities in Hong Kong and the numbers prove it.  full article...
11/23/2104
China ready to cut rates again on fears of deflation
The world's largest credit boom is about to turn into a deflationary bust. Who'd a thought.  full article...
11/23/2104
Coal ash wreaks havoc on environment in Hunan
The coal company claims its practices were within regulatory guidelines. This shows the weakness of China's environmental rules. If China cared as much about the environment as it does about dissent, China's land, air and water would be squeaky clean.  full article...
11/22/2014
Wall Street ends at records on central bank action to boost growth
Fed attempts to revive its ponzi-scheme continue to benefit Wall Street.  full article...
11/22/2014
Top incomes soared as tax rates fell
400 US households captured 6% of entire nation's wealth.  full article...
11/22/2014
Liberal senators rip into top Wall Street regulator
Led by Senator Elizabeth Warren, liberal Democrats harshly criticized the president of the New York Fed for its lax oversight of Wall Street. Republicans boycotted the hearings.  full article...
11/22/2014
Default forecasts could be low as Fed tries to bust loan bubble
The Fed is trying to prevent the crisis of defaulting loans its low rates caused. Good luck  full article...
11/22/2014
Fed may limit Wall Street role in commodities
The Fed gives lip service to increasing its inept regulatory oversight.  full article...
11/22/2014
Citigroup said to be ousted from ECB FX group
Bankers' crimes continue as does window-dressing regulatory oversight.  full article...
11/22/2014
ECB launches program to buy asset-backed securities
The ECB attempts again to revive its faltering ponzi-scheme of credit and debt. Good luck.  full article...
11/22/2014
ECB leaks on Cyprus aid may harm euro, ex-governor says
The truth about central bank ponzi-schemes is seen as a threat by central bankers.  full article...
11/22/2014
Portuguese ex-PM arrested in fraud probe



 full article...
11/22/2014
Bahrain votes amid calls for election boycott



 full article...
11/22/2014
Airstrikes continue while parents worry at ISIL propaganda on home front



 full article...
11/22/2014
Turkey promises support for anti-Peshmurga in anti-ISIL front



 full article...
11/22/2014
Water supplies dry up in Brazil as droughts continue to affect world's agricultural regions, destabilitzing industrial farming
Record heat, record cold, fires, floods, drought, famine, etc. The earth changes are here.  full article...
11/22/2014
With bad economic news for Japan, Abe's magic seems to evaporate
Abe's magic was nothing more than excessive money printing leading to a stock market bubble. That's not magic. That's monetary hari-kari.  full article...
11/22/2014
Chinese central bank falls back on trusty rates lever as new tool kit not enough
China's piecemeal attempts failed to halt its economic slowdown. Who'd a thought.  full article...
11/22/2014
China's rate-cut likely to hurt banks, curb new loans to small borrowers
In the end game, solutions only lead to new problems.  full article...

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DARRYL ROBERT SCHOON: 黃金價格 與孫子兵法 與孫子兵法 - 第 2篇
This is the Chinese translation of my current article. In it, I explain the 1999 gold crisis in which central bankers used both physical gold and then paper gold, derivatives, to keep the price of gold from rising. full article...


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Dollars & Sense, Shows 88/89, Stories the CIA and US don't want you to know, part 2
Darryl Robert Schoon provides the documentation given to him by Howard Hughes' banker, Norman Bernard Thirion, supporting his story of a CIA/Reagan White House skim of a $500 million fund meant for the Afghan resistance.


 full article...


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Draghi's ECB misses 2% inflation target



GoldSwitzerland: Keith Barron - I believe we've seen peak gold
Keith Barron, exploration geologists believes world gold production has peaked.


 

full article...
Inner Worlds, Outer Worlds, part 1 - Akasha
Worthy of thought and reflection.


 

full article...
Mohamed El-Erian: Markets love central bank gifts
Central bank gifts are the gifts that might not keep on giving. Worthy of thought and reflection.  

full article...


The Colbert Report: Reforming healthcare reform

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Race, affluence, lack of mental health care contributed to Sandy Hook school mass shooting
Humanity has yet to confront the issue of societal privilege vs. social responsibility.  full article...
Four crops account for 64% of all calories consumed
They also contribute to higher levels of CO2.  full article...
Mystery tomb in Greece



 full article...


'Losing My Religion' by REM





full article...


Dollars & Sense, Show 28 The Great Wave / Collapse (originally aired May 1, 2012)

Darryl Robert Schoon describes the collapse of the current economic paradigm. The paradigm called capitalism will end in a cataclysmic wave of rising prices and social disorder. It will also usher in a far better age.



DRSCHOON.COM features the articles of Professor A. E. Fekete of the New Austrian School of Economics, a leading expert on gold and its role in financial markets and the economy.

The Wisdom of Adam Smith for Our Own Times

- A Rejoinder -

Let us celebrate the 291st birthday of the great Scottish economist together and let us rehabilitate his Real Bills Doctrine!

Richard Ebeling in the June 3rd issue of the Daily Bell under the same title contributed a much needed reminder of the relevance of Adam Smith's wisdom to our contemporary world. I am not going to speculate whether the omission of not mentioning Adam Smith's Real Bills Doctrine was accidental or deliberate. However, it is well known that post-Mises Austrian economists have taken a disdainful view of the Real Bills Doctrine and it would have been nice to have Ebeling's coherent articulation of their position. I can do no better than revisiting Adam Smith's great contribution to the theory of money and credit (which, significantly, received the nihil obstat of Carl Menger a hundred years later) for the benefit of the Daily Bell's readership. full article...

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