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The US should leave Iraq and call in UN peacekeeping operations

Franklin @ September 28, 2007 # 2 Comments

When I wrote a few minutes ago about the conditions for runaway inflation being created by the current administration, I must admit, it was with some fatalistic perspective (hence the medieval sounding title of the article). I assumed the war in Iraq will keep going, and that the next administration will not be able to […]

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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

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No nation could preserve its freedom in the midst of continual warfare

Franklin @ September 24, 2007 # One Comment

Of all the enemies to public liberty war is, perhaps, the most to be dreaded, because it comprises and develops the germ of every other. War is the parent of armies; from these proceed debts and taxes; and armies, and debts, and taxes are the known instruments for bringing the many under the domination of […]

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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 […]

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When being a Christian meant being compassionate

Franklin @ September 23, 2007 # No Comment Yet

When the Nazis came for the communists, I remained silent; I was not a communist. When they locked up the social democrats, I remained silent; I was not a social democrat. When they came for the trade unionists, I did not speak out; I was not a trade unionist. When they came for the Jews, […]

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How to survive hyperinflation

Franklin @ September 21, 2007 # 8 Comments

Avoid, to the extent it is possible, selling goods at a fixed price to be paid in the future Remember that if you work for somebody you are selling your work at a price set in the past and you will be paid in the future, so, during hyperinflation, you will be robbed daily Do […]

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U.S. Home Foreclosures Soar in August

Franklin @ September 18, 2007 # 2 Comments

The question nobody asks is why aren’t banks restructuring loans to avoid foreclosures? That’s what they did in the past, most credit counseling services will tell you that the banks will restructure the loan before letting it default. However, something is different this time. It is a change that is puzzling regulators and the media […]

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Edwards on the mortage mess

Franklin @ August 30, 2007 # No Comment Yet

Just one day before Senator Obama gave his misguided opinion on the mortgage mess another Democratic hopeful had come to the fore with his own opinion. (By the way, you’ve got to love electoral years because those are the only years politicians have even the pretense of caring for the issues that affect their constituencies.) […]

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Subprime Mortgage Crisis Spreading to High-End Housing Market

Franklin @ August 29, 2007 # No Comment Yet

For those who have not been following my reasoning on this matter here is an introduction: Since the 90s banks get liquidity for providing loans by packaging the loans into securities and selling those securities to 3rd parties (real estate is not real any longer from the point of view of the banks) As the […]

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The law protects the bankrupt corporations

Franklin @ August 20, 2007 # No Comment Yet

The bankruptcy laws and tax codes are designed to protect corportations at the expense of individuals. Many “become a millionaire” gurus will tell you that you need to form a corporation to protect your assets. There are also tax advantages in forming a corporation. A new example can be found at the tagged blog: “More […]

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