Breaking News

The Myth of Republican Fiscal Conservatism

Franklin @ November 30, 2007 # 13 Comments

Seeing Rudy Giuliani and Mitt Romney fight over who is more of a fiscal conservative made me think that they are actually barking up the wrong tree. You see, although the Republican Party claims to be the party of “small government”, and many fiscal conservatives vote Republican for that reason, the record shows that the […]

More on page 177

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 […]

More on page 143

Dow Jones at 13,099 should see a rest

Franklin @ November 9, 2007 # 2 Comments

Yesterday’s fall broke statistical boundaries and the DJ rallied. Today’s fall created a new statistical boundary and broke it. Next week we should see a week of basically flat movement. The next down move should be to around 12.500. I still think this is a short term move, and that the Fed will inject more […]

More on page 114

The Real Economy II

Franklin @ November 7, 2007 # 4 Comments

In the previous article (The Real Economy) I showed that the purchasing power of the Dow Jones, when it is compared against commodities instead of against "imaginary" dollars, has decreased by about 50% since they year 2000. In this article, I will play with the assumption that the US dollar is still backed up by […]

More on page 110

Official Reports Confirm Economy Worse Than in 2000

Franklin @ October 11, 2007 # One Comment

The Dow Jones’ new high is a numeric illusion The Personal Savings Rate is at the same level it was during the last recession Economic growth (GDP) is lower than inflation growth (i.e., the economy is not growing) Even after adjusting for inflation, cost of living is 17% higher than it was in 2000 The […]

More on page 69

Entries (RSS)
Comments (RSS)

61 queries.
0.871 seconds.

Politics blogs Politics blogs
Links to Site