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Why it is important that Occupy Wall Street Remains Independent

Franklin @ October 20, 2011 # No Comment Yet

A The Onion called Occupy Wall Street to define a position so everybody could move on and ignore them. The old guard doesn’t get Occupy Wall Street. They still think in terms of “political movements” when Occupy Wall Street is a moral movement. For too long, Morality (and I mean Morality, not chest-banging in the […]

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The Lobbyist for the 99%

Franklin @ October 17, 2011 # No Comment Yet

Occupy Wall Street is being pressured to “make demands”, “offer solutions”. I contend this is not the role of a broad-based grassroots movement, that’s the role of the elected officials. Occupy Wall Street has been very successful so far in becoming the “Lobbyist for the 99%”. Think of it as a lobbyist who brings home […]

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Ghosts and Demons

Franklin @ October 17, 2011 # One Comment

President Obama said today that the OWS shouldn’t demonize the people working at Wall Street. I would agree in general with that, but I suspect that OWS is not against the clerks, analysts, etc. who work in Wall Street, but rather against those who don’t work. Not only those who don’t work, but those who […]

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The Timing of the "Liquidity Crisis"

Franklin @ September 28, 2008 # 3 Comments

This “liquidity crisis” was patent back in September of 2007. We then discussed whether it was a real liquidity crisis or confidence crisis, but that was just an academic exercise. The point is that what happened last week and prompted the President’ “There is nothing to fear… Fear!!! Panic!!! Oh my god we all are […]

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What’s Happening to The Republic

Franklin @ September 22, 2008 # One Comment

Some days I regret not having done something. For instance, I regret not having titled one of my articles Fear and Looting in Wall Street. This was back in August of 2007, and I thought then that it was going to be seen as a will exaggeration. Fast forward to the mother of all bailouts […]

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Most Americans Don’t Like the Republican Party

Franklin @ September 8, 2008 # 2 Comments

Neither the Democratic Party for that matter. The truth of the matter is that America is less a democracy than a indifferencecracy (the power of indifference). Let’s see the numbers from Infoplease: The average turnout from 1960 to 2006 is 47.8 of the eligible population. That is, more than half the people with a right […]

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The Oncoming Depression

Franklin @ August 15, 2008 # One Comment

Image by Public Citizen via FlickrAs credit card lenders reduce their risk exposure by closing credit card accounts and reducing lines of credit, we will start seeing a large reduction in consumer spending. This is affecting not only middle class families, but higher income families as well. From the point of view of the lenders, […]

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The Myth of the Bush Administration Being Strong on Homeland Security

Franklin @ June 18, 2008 # 9 Comments

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 […]

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Political Radar: McCain: Not Offended By Alleged Age-Baiting

Franklin @ May 9, 2008 # One Comment

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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US Economy: Fit, Fat or Bloated?

Franklin @ May 2, 2008 # 2 Comments

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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