Re. jobs report.
By Daniel at 5 December, 2009, 6:54 pm
--------------------------------------------------------------------------------------
--------------------------------------------------------------------------------------
It was a pure canard. They were painting the very best face that they could without raising too many questions and looking ridiculous. No one would have believed a positive report, so we get a bare minimum! I personally know several people that lost their jobs in November, but I doubt that they represented 1% of the losses! Go back and add up all of the announced lay-offs (Review of U.S. layoffs through November 2009 - http://refilenews.com/article/196 ) and you find that we are being subjected to Goebbel’s (Nazi Propaganda Minister) practice; ““If you tell a lie big enough and keep repeating it, people will eventually come to believe it. The lie can be maintained only for such time as the State can shield the people from the political, economic and/or military consequences of the lie. It thus becomes vitally important for the State to use all of its powers to repress dissent, for the truth is the mortal enemy of the lie, and thus by extension, the truth is the greatest enemy of the State.”
How long can the government stay immune from the “economic consequences”? How long will the media continue to support the lies?
There is a true sense of desperation in these lies and in the manipulation and even brave men and women have to worry about the consequences when the truth is revealed. Next week? Next month? Next year sometime? Eventually the truth will come out because people ARE losing their jobs, over a million and a half people CANNOT find jobs, and all of the termites of economic destruction (foreclosures, commercial real estate collapse, credit card and loan defaults, etc.) continue to eat away at the economy.
What happens to all of the funds, investors, banks, etc. that bought equities at the climbing prices of the last nine months if the markets do begin to collapse?
The Fed is desperate and spending trillions that it doesn’t have. The U.S. Govt is $12 trillion+ in debt (and growing). There are no reasonable or workable solutions being offered, just plans for spending more money, which really means incurring even more debt! The U.S. Govt, states, municipalities, and cities are in deep trouble but hiding behind lies and dubious data, just like most banks (after the change from mark to market to mark to whatever helped hide the truth).
A final thought; if the unemployment rate was 10.2% and an additional 1100 jobs were lost, how can a negative create a positive. Additional job losses caused the rate to improve to 10%! Truly amazing, as is the fact that the MSM doesn’t ask these same questions.
I’ll see everyone bright and early on Monday.
- cynicalguy
--------------------------------------------------------------------------------------
--------------------------------------------------------------------------------------
No comments yet.