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US Economy: Fit, Fat or Bloated?

Franklin @ May 2, 2008 # 2 Comments

President Bush’s refusal to admit the US economy is in a recession is just proof of his delusional state of mind. If you dismissed his idea that people were going to be waiting for the US army with flowers in the streets of Baghdad as an honest mistake, and his handling of the Katrina crisis […]

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The Richest Country On Earth

Franklin @ April 21, 2008 # 21 Comments

If you thought the richest country on earth was the United States, you were wrong. If you thought it was China, you may be right. The truth is, it is pretty damn difficult to determine which country is the richest one on earth. This is because answering that question implies answering a broader question: “What […]

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The Gold Scam

Franklin @ April 20, 2008 # 18 Comments

Every time there is an article about gold warning about a possible bubble, a cohort of gold worshipers (an activity which, by the way, is frowned upon by the Old Testament God) answer that gold has maintained its value for 3,000 years, or 5,000 years, and so on. They will give you impressive and unsubstantiated […]

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A Streetcar Named Wishful Economic Thinking

Franklin @ April 15, 2008 # 12 Comments

We are broke. We may have a couple more months of sustained living if the Fed keeps injecting liquidity into the system, but to all intents and purposes, America is broke. For the past 50 years we have been sustaining low unemployment rates (albeit not as low as the official figures show), based on a […]

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Bush Admits to Top-Down Torture

Franklin @ April 15, 2008 # No Comment Yet

Dear ACLU Supporter, On Friday night, in a national television interview, President Bush directly admitted what we have suspected all along: The White House was deeply and intimately involved in decisions about the CIA’s use of torture. For the first time, George W. Bush acknowledged that he knew his top national security advisers discussed and […]

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Looking for a Miracle

Franklin @ March 29, 2008 # 4 Comments

I was going to write a sardonic post about how Barack Obama is the Antichrist and why conservative Christians should vote for him to accelerate the second coming. The sad thing is that there are people out there who really think Mr. Obama is the Antichrist, so much of the punch of the post would […]

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You Are Not Going to Be Rich

Franklin @ March 7, 2008 # 15 Comments

I am kind of fed up with the “we want you to be rich” stuff that’s going around (yes, I am talking about the barrage of programs and books from The Secret to the latest Trump publishing endeavor). I think that that is the kind of propaganda that keeps illusions alive, and while we live […]

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And Yet More Projects

Franklin @ March 3, 2008 # No Comment Yet

It’s been weeks since I’ve been able to write. I am writing my thoughts about the markets at my other project, http://www.tradingurus.com/, but I would really like to have more time to write more in depth about the economy and economics. Anyway, this post is about a new project, this time, my wife’s. She started […]

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Facts Over Fear

Franklin @ February 15, 2008 # One Comment

Members of Congress are hearing you… “The President does not operate outside the law.” — House Speaker Nancy Pelosi on the FISA stand-off. “The President’s comments are wrong, divisive and nothing more than fear-mongering.” — House Majority Leader Steny Hoyer in a statement about FISA “We are a strong nation. We cannot allow ourselves to […]

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The House must not fail freedom

Franklin @ February 15, 2008 # One Comment

Demand your representative uphold the Constitution and the rule of law. Email your representatives now. Dear Friend, Once again, the Senate is getting ready to fail freedom. They’re close to passing a dangerous and unconstitutional FISA bill that allows warrantless government eavesdropping on American citizens and grants immunity to giant phone companies. All eyes now […]

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