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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 […]

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McElections 2008

Franklin @ October 23, 2007 # No Comment Yet

Can you relate to this feeling? You have had a long day, you are hungry, and the only place on your way is a McDonald’s restaurant. So you go there and you are presented with this large 20 item menu which seems to provide a large variety of choices. And yet, alas, when you deconstruct […]

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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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Does Pete Stark read thebankrupctynews.com?

Franklin @ October 20, 2007 # 3 Comments

During a debate on children’s health care Thursday, Rep. Pete Stark said “You don’t have money to fund the war or children, but you’re going to spend it to blow up innocent people if we can get enough kids to grow old enough for you to send to Iraq to get their heads blown off […]

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The Doors In the Walls (Beware of Illegal Immigrants…)

Franklin @ October 15, 2007 # 2 Comments

“I’ve spoken of the shining city all my political life, but I don’t know if I ever quite communicated what I saw when I said it. But in my mind it was a tall, proud city built on rocks stronger than oceans, windswept, God-blessed and teeming with people of all kinds living in harmony and […]

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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 […]

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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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And we got increased volatility

Franklin @ October 3, 2007 # No Comment Yet

When I published on Monday, expect increased volatility the Dow run some 200 points much of which it lost most during the past 2 days. During the next 2 to 3 days, we should see a tug of war between bulls and bears. News will fly, both bad and great, talking heads will talk about […]

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Expect increased volatility

Franklin @ October 1, 2007 # 7 Comments

On August 20th, when the concern on the media was the liquidity crisis and the falling market I wrote to a good friend of mine “The move on the DIA since the bottom of 2002 looks parabolic. If we break the previous high we will be “on the other side of the curve” when things […]

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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 […]

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