I’ve now been running The Burning Platform blog for over ten years. It’s been over eleven years since I wrote my first article – Why We Need Ron Paul – in May 2008 during the Republican primaries. I really thought I could change enough minds through my writing to influence voters and help wake up people to the truth about our deteriorating financial situation. I would send op-eds to my local paper, and they would publish them. My articles on Seeking Alpha in 2008/2009 were the most read and commented on their site.
My assessment of the Wall Street banks, coming financial crisis and recession were accurate enough that I was being sought out by Glenn Beck on CNN, Neal Cavuto on Fox, and Maria Bartiromo on CNBC to be interviewed on their shows. I didn’t want that kind of attention, since it would likely have negatively impacted my day job – which actually supported my family.
I had already experienced negative blowback when I predicted the bankruptcy of General Growth Properties in one of my articles. It seems the CFO was a Wharton grad and large donor to the real estate department. He called the Dept. head, who called the Deputy Dean, who called my boss, the CFO. It was at this point where any mention of Wharton was forbidden on my part, or I risked being terminated.
The interesting part of the story was the General Growth CFO said none of my facts were incorrect and six months later General Growth Properties filed for bankruptcy. I sent a link of the announcement to my boss, who throughout his tenure defended my right to free speech whenever the Dean’s office received complaints about my articles. We had a good laugh about their bankruptcy.
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