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Congress expected to pass financial rescue package: Getting Ready for a Deeper Recession

Franklin @ September 28, 2008 # 7 Comments

Congress expected to pass financial rescue package: Financial News – Yahoo! Finance So, Wall Street put a gun to the head of the American public two months before the election and got what they wanted. I wrote before that a liquidity crisis in a fiat money system is only possible during hyperinflation. In September of […]

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The need for re-industrializing America

Franklin @ August 5, 2008 # 7 Comments

(Originally posted at my.barackobama.com) Beyond political discourse, we need to face the reality that America’s economy has been declining since mid 2001. The economic policies of the Bush administration did nothing to encourage the creation of new industries. If we use the image of an engine to represent the economy, what the Bush administration has […]

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