Breaking News

Housing Market Bottom?

Franklin @ December 28, 2007 # 2 Comments

The amount of negative publicity If you are a buyer and you have access to feed news to the media, you want them to picture a bleaker picture than it is. From this point of view alone, this looks a lot like stock market bottoms, when you ONLY read negative information. Although the market is […]

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Retailers post disappointing November sales – MarketWatch

Franklin @ December 6, 2007 # No Comment Yet

On November 15 I wrote regarding the November retail numbers: If the news is bad, the Fed will feel justified in declaring that the risk of a recession is higher than the risk of inflation, and lower the rates a little bit more. Either way, at this , the end will be the same. There […]

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Is Gold a Hedge Against Excess Liquidity?

Franklin @ December 5, 2007 # 2 Comments

Dispelling myths about the golden metal

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Dow Jones Finds A Convoluted Way to Do Nothing

Franklin @ November 15, 2007 # One Comment

Last Friday I wrote that the Dow Jones at 13,099 should see a rest. I pointed out that some statistical barriers had been broken, and that the fall should stop around there. I was wrong by 0.6%, but not much more. And then, on Tuesday, we had this huge run rally of some 300 points. […]

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CNN.com agrees with TheBankruptcyNews

Franklin @ November 8, 2007 # No Comment Yet

In clear evidence that there is a liberal media conspiracy against President Bush, CNN moved in to confirm with a poll that the American people are starting to feel the pain of the failed economic policies. The following article would prove that My blog is part of the liberal media (swear I did not know) […]

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Dow Jones at 13,300.02

Franklin @ November 7, 2007 # 2 Comments

In October 22nd we said that the DJ was in for 400 to 600 more points of pain. Since then the Dow Jones went up a little and down a little, a lot of nothing happened until today. I still expect the Dow to go down to around 12,600 with a lot of noise and […]

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From the American Dream to the American Nightmare

Franklin @ November 1, 2007 # No Comment Yet

From the American Dream to the American Nightmare How Government policy and public complacency are transforming America from an Owners society into a Renters society I should write a book about the subject, but I am lazy and busy. So I am going to write a review about the non-existing book “From the American Dream […]

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In Shift, Spitzer Is Expected to Back a Federal ID – New York Times

Franklin @ October 27, 2007 # 2 Comments

Pressure to limit the Bill of Rights’ provisions, push them into oblivion, or otherwise ignore them keeps mounting. It is not a matter of Democrats or Republicans, there are people on both parties that vehemently refuse attacks on our liberties, as there are those who either don’t care or expect to benefit themselves. I mentioned […]

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Dow Jones 400 to 600 more points of pain

Franklin @ October 22, 2007 # 3 Comments

You read here on October 12 that the Dow Jones was in for some pain (http://services.thebankruptcynews.com/blog/?p=70). We said that “The Wall Street sponsored media should start next week pandering bad news and creating a climate of fear using the available examples of very bad October markets. Expect myriads of articles about 1929 and 1987.” The […]

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Does Pete Stark read thebankrupctynews.com?

Franklin @ October 20, 2007 # 3 Comments

During a debate on children’s health care Thursday, Rep. Pete Stark said “You don’t have money to fund the war or children, but you’re going to spend it to blow up innocent people if we can get enough kids to grow old enough for you to send to Iraq to get their heads blown off […]

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