Breaking News

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 […]

More on page 84

Circulating ideas

Franklin @ October 13, 2007 # No Comment Yet

I always find it interesting when other’s people analyses are congruent with mine. I think that when a large enough number of people think and worry about a particular problem it eventually becomes “an issue” for politicians. In our democratic system, we need those politicians to produce change in society. I never expect any change […]

More on page 71

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

The real economy

Franklin @ October 8, 2007 # 31 Comments

I wrote previously that, in constant dollars, the Dow Jones is far from a new high (actually, some 8% away). Those constant dollars, however, were based only on inflation data, which is statistical data and not actual market data. The following table shows the 2000 and 2007 prices in terms of different commodities. The calculation […]

More on page 67

President Bush, support our troops!

Franklin @ October 5, 2007 # 2 Comments

As a Commander in Chief, G.W. Bush managed to combine, all in one, the shortsightedness of Harry S. Truman with the incompetence of Lyndon B. Johnson and the dishonesty of Richard M. Nixon. When the First General of the Nation has no clear compass, moral or military, he needs to resort to political tactics to […]

More on page 64

I have $ 100,000,000,000 and yet I can’t retire

Franklin @ September 29, 2007 # 12 Comments

The past week you certainly have (and in the next few weeks you will) read a lot about the dollar and its relation to other currencies. Most of the articles fail to explain what the real value of money is. In some cases, I think, economists just ignore out of convenience what the impact of […]

More on page 60

Let the party begin. We will be dead tomorrow

Franklin @ September 28, 2007 # 3 Comments

The current administration is creating the conditions for runaway inflation in the near future in order to support the war efforts

More on page 57

Another guy with a conspiracy theory

Franklin @ September 26, 2007 # No Comment Yet

He said: “This conjunction of an immense military establishment and a large arms industry is new in the American experience. The total influence – economic, political, even spiritual – is felt in every city, every Statehouse, every office of the Federal government. We recognize the imperative need for this development. Yet we must not fail […]

More on page 55

A primer for living in a totalitarian state

Franklin @ September 24, 2007 # 22 Comments

Unless you are black or a recent immigrant, you have no experience living in a police state. Then, you may want to consider this article as your primer for living under terror. If Naomi Wolf in her recent book “The End of America: A Letter of Warning To A Young Patriot” has it right, you […]

More on page 50

African-American and Latinos Hardest Hit by Foreclosure Crisis

Franklin @ September 5, 2007 # No Comment Yet

A new Acorn study found that African-Americans and Latinos are the groups hardest hit by foreclosures due to their exposure to high cost home purchase loans. During the past few weeks, politicians and the media have been covering the issue of the foreclosure crisis and in general tended to blame “unscrupulous lenders” or borrowers who […]

More on page 44

Entries (RSS)
Comments (RSS)

73 queries.
1.215 seconds.

Politics blogs Politics blogs
Links to Site