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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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Transfer of Wealth from Individuals to Corporations

Franklin @ November 21, 2007 # 5 Comments

If Money is Power, the official data shows that the Bush administration has transferred power from the people to corporations at an alarming rate. The above chart shows the widening gap between corporate profits and salaries. If you want to see how dramatic this widening gap is, take a look at the following chart. The […]

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