By Franklin in
Democracy, Iraq War, Thoughts on
June 18th, 2008
As the political campaign ramps up, the McCain cohort is trying to shape the debate of American politics around the single issue of Homeland Security.
However, there is no objective reason to believe that the current administration’s policies are the way to go.
There are two conflict hypothesis based on which the current two-front war is being […]
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By Franklin in
Finance on
July 2nd, 2008
This 4th of July, as we’re celebrating independence and freedom, many senators are getting ready to come back to Washington and sell out some of our most fundamental freedoms.
Don’t let it happen.
Take action now.
Dear ACLU Supporter,
On Tuesday, July 8th, the Senate will consider an unconstitutional […]
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By Franklin in
Finance, Thoughts on
May 25th, 2008
For a long time I’ve studied the works of
Gann,
Elliott and
Kondratiev trying to gain some foresight into the economy cycles. My costly conclusion is that none of these methods work. However, before throwing them out of the window, let’s see why they fail, when they fail and to what extent they may have […]
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By Franklin in
Thoughts on
May 11th, 2008
The blogsphere is becoming crowded with blogs about blogging and blogs about making money by blogging. Many of those blogs actually make money by giving advice on how to make money giving advice on how to make money. Exactly.
This phenomenon is transforming blogging from a personal form of expression into just another form of making […]
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By Franklin in
Finance on
May 9th, 2008
The news is inconsequential: another entry to the endless entertainment of electoral politics. However, I just found it funny that the McCain campaign read Obama’s “losing his bearings” comment as a commentary about his age, and not his temper.
I’ve only heard old people using the expression to denote senility, most young people use “lose […]
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By Franklin in
Economics, Thoughts on
May 4th, 2008
Back in November, I showed how the capital of American businesses was contracting. I said "regardless of any official announcement of recessions, US businesses have been behaving as they normally do during recessions." It is hard to understand why American businesses are becoming recession-like illiquid when the GDP numbers don’t seem to show any signs […]
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By Franklin in
Finance on
May 2nd, 2008
The following chart shows the salaries of American workers compared to GDP. As you can see, it has been falling steadily since 1969.
But for a few good years during the Clinton administration, American workers have very little to cheer about, having less participation in the economy than during the depression years.
This is not the […]
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By Franklin in
Finance on
May 2nd, 2008
This is official data from the
U.S. Department of Commerce.
addthis_url = ‘http%3A%2F%2Fthepoliticsofdebt.com%2F%3Fp%3D380′;
addthis_title = ‘Remember+When+We+Were+Rich%3F’;
addthis_pub = ‘thepoliticsofdebt’;
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By Franklin in
Economy, Politics on
May 2nd, 2008
President Bush’s refusal to admit the US economy is in a recession is just proof of his delusional state of mind. If you dismissed his idea that people were going to be waiting for the US army with flowers in the streets of Baghdad as an honest mistake, and his handling of the Katrina crisis […]
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By Franklin in
Economy on
April 21st, 2008
If you thought the richest country on earth was the United States, you were wrong. If you thought it was China, you may be right. The truth is, it is pretty damn difficult to determine which country is the richest one on earth. This is because answering that question implies answering a broader question: “What […]
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