When the May jobs report came out with 2.5 million jobs added a drop in unemployment to 13.3%, I told several friends the numbers seemed implausible. It appears I might have been right. The Department of Labor’s Bureau of Labor Statistics survey takers mistakenly misclassified about 4.9 million people as employed, although they were unemployed.…
As noted earlier, today’s payrolls report was a far stronger than expected 128K (exp. 85K), even with the negative impact of the GM strike and the unwind of census hiring, which subtracted 41,600 and 20,000 workers from the headline print. In any case, October marked the 109th straight month of U.S. job growth, the longest…
The nation’s unemployment rate sank in April to the lowest rate since December 1969, but the milestone comes with a big caveat: The decline stemmed from more people quitting their search for work. The jobless rate slipped to 3.6% last month from 3.8% in March, continuing a long downward arc from a 27-year high of…
Have you ever thought about what comes after the bubble? In 2008 we got a short preview of what life will be like, but most Americans seem to have come to the conclusion that the last financial crisis was just a minor bump in the road toward endless economic prosperity. But of course the truth…
Awakening To The Dangerous Mainstream Marketeers We’re Not Perfect But We Do Awaken I rarely write on Fridays, but here I am Friday afternoon, writing my second article of the day. The first, discussing how today’s LOL, “jobs” report permanently destroyed the BLS’s credibility. The reason being, that for the first time in my 14½ years…
In addition to the poor headline Establishment survey print which rose only 160,000 in April, coupled with a deplorable Household survey employment number which plunged by 316,000 for the month and below levels seen in February, an even more concerning development was the resumption in the deteriorating trend in the US labor force participation rate,…
It is impossible to understand the world today without knowing what the ESF is and what it has been doing. Officially in charge of defending the dollar, the ESF is the government agency which controls the New York Fed, runs the CIA’s black budget, and is the architect of the world’s monetary system (IMF, World…
Millions of Americans were gearing up for some huge event to happen in September, but the world didn’t end and now many of them have given up entirely on prepping. Of course the truth is that some absolutely earth-shattering events did take place last month, but because September did not play out exactly as some…
Author : Andrew Hoffman Published: October 5th, 2015 There are many ways I could start today’s “jobs Friday” post-mortem – which in hindsight, may serve as the final dagger in the heart of U.S. “recovery” propagandists. Of course, said “recovery” never was – with the only way the Fed has been able to pretend otherwise…
Once more at Cambridge, the world’s leading Symposium on Economic Crime, and over 500 distinguished speakers and panellists drawn from the widest possible international fora, gathered to make presentations to the many hundreds of delegates and attendees. This Symposium has indeed become an icon among other international gatherings of its knd and over the years,…
There is little to no recognition of the key fact of Dodd-Frank Act. Namely, Title II of the Act to establish an Orderly Liquidation Authority, vests the FDIC with the authority to conduct a European-style bail-in. Hearings continued in the House and Senate to review what exactly was voted into law with the 2010 Wall…
WASHINGTON — George W. Bush isn’t the first Republican president to face a full-blown immigration crisis on the US-Mexican border. Fifty-three years ago, when newly elected Dwight Eisenhower moved into the White House, America’s southern frontier was as porous as a spaghetti sieve. As many as 3 million illegal migrants had walked and waded northward…
$18.1 Trillion: Total Debt Under Obama As Of January 14, 2014. (U.S. Treasury Department, Accessed 1/14/15)
Editor’s Note: As the ‘Audit the Fed’ bill once again gathers steam under a Republican Congress, but with significant bi-partisan support at least in questioning the shadowy quasi-government entity that controls the money supply, the controllers of the Federal Reserve [A non-federal entity]are unsurprisingly stirring to speak against any potential meddling in their affairs.
Everything we hear from the US government, the puppet governments of its vassal states, and the presstitute media is a lie. Truth is the declared enemy of the West. Those who try to tell the truth do so at cost to themselves. These costs can range from exclusion and slander to watch lists to prosecution…
