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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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And yet the data shows a fast recovery

Franklin @ December 31, 2010 # 2 Comments

This is an update to a post published almost two years ago: Some Historical Perspective on the Current Recession.Back then I analyzed data until the third quarter of 2008. The data showed that we weren’t in a depression yet, and that Up to the 3rd quarter of 2008, the economic recession was shallower than the […]

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Gold Chatter

Franklin @ May 22, 2010 # 4 Comments

Image via Wikipedia There is a lot of chatter about gold these days. Gold lost around 5% since May 12 and the chatter box is running wild with explainers. Here it is, yet, another explainer. There is nothing to see folks. Gold was overextended and it entered a correction period. These corrections can go from […]

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If you are honestly against subsidized health care

Franklin @ September 14, 2009 # 13 Comments

If you are honestly against subsidized health care, I want to ask you that starting tomorrow, and for consistency sake, you stop using the list of products listed below. You see, this is not an all encompassing list, it’s just the beginning of the list of products that you should be worried about. What’s the […]

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Economic data supporting the need of health care reform

Franklin @ September 5, 2009 # 5 Comments

Just taking quick notes related to the health care debate. I find that most of the assumptions of those opposing health care reform are misinformed at best and disingenuous at worst. I am not talking about honest common folk who formed an opinion based on incorrect information, I am talking about those feeding the incorrect […]

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On long term trends

Franklin @ August 11, 2009 # 4 Comments

From an historical perspective, the Dow could go down to around 3,600 and all would had happened is that the speculative bubble of ReagonomicsĀ  would have been completelly deflated. Get a complete chart of the Dow, trace a line from the bottom in 1942 connecting with 1974 and you will see how in 1981 the […]

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Gold Correction Seems Over

Franklin @ February 1, 2009 # 3 Comments

Gold correction seems to be over and the spot price will be looking for a retest of 1,000 in the coming weeks. As any other speculative asset we will have to see how it behaves at the previous high. Breaking above 1,000 will signal that higher prices are ahead. Failing to break above 1,000 will […]

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Some Historical Perspective on the Current Recession

Franklin @ January 2, 2009 # 7 Comments

Image via Wikipedia Back in 2007, a simple device allowed me to pin-point the start of the current recession on the fourth quarter of 2007. Instead of relying on massaged data, I simply looked at what was the real situation of American corporations. For doing so, with the Bureau of Economic Analysis data on GDP […]

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And Now They Tell US

Franklin @ December 1, 2008 # 8 Comments

Image by Getty Images via Daylife Last year around this time I said: You read it here first: The US economy has been in recession since the fourth quarter of 2007 and is now starting to get out (thanks to the Fed‘s “free money”). Says who? Just all the American corporations. Today we received the […]

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