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Don’t Hold Your Breath for a Pink Wardrobe Malfunction

Franklin @ September 8, 2008 # 2 Comments

If you are expecting that a Pink Wardrobe Malfunction or other such public calamity will obliterate any future political chances for Sarah Palin (and yes, I am talking to you, who has hopes she will do poorly during the debate), leave all your hopes. Now! If all the negative attention the poor choice for VP […]

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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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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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In Bush We Trust

Franklin @ October 3, 2007 # 4 Comments

I’ve had it! Today, with the excuse of President Bush vetoing a measure to help insure the health of children, the blogsphere became a Bush-bashing festival. Guys! People! Stop this! I don’t buy the arguments that Bush is uncompassionate, insensitive or even evil. What kind of serious political argument is that? Those who compare what […]

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Bernanke’s creative solution: Let’s do it again

Franklin @ August 30, 2007 # 8 Comments

According to an AP article dated August 29, Federal Reserve Chairman Ben Bernanke proposed the most creative solution to the foreclosure crisis to date: “Let’s do it all over again.” Of course those are not his words, God forbid a Fed Chairman should speak clearly! Instead, he “suggested that policymakers look for ways to encourage […]

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Home Prices: Steepest Drop in 20 Years

Franklin @ August 28, 2007 # One Comment

Are you ready to live as a renter in the cul-de-sac you used to own? As home prices keep going down, many homeowners will see that they face negative amortization (they will own more than the house is worth). A rational answer to such a situation (above all, if they cannot afford paying rising interest […]

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