Friday, March 7, 2014

The U.S. Government Is One Big Lie

The US economy remains in recession.  And once the truth breaks out, the stock market will slip into crash mode.  The stock market is up on Fed manipulations, and the economy is up on lies and propaganda.  It’s a poisonous combination  - Richard Russell, King World News LINK
I encourage everyone to read that brief interview with Richard Russell.  

As I discussed yesterday, we know the Government is lying through its teeth to us about the Ukraine situation.  It's amazing how quickly CNN and Fox News seem to have misplaced the Victoria Nuland phone tape  discussing the $5 billion the U.S. has "invested" to foment the unrest over there.  You know, the one in which she says "F_CK the EU."  Both CNN and Fox are disseminating nothing but the lies being promoted by Obama/Kerry etc without researching or reporting on the actual facts.  Kind of ironic that CNN backs the Obama regime's backing of the neo-Nazis who have taken control of western Ukraine (I'm not surprised that Fox News supports this). 

The Government also lies about the employment situation in this country.  We saw the most recent example today with the Bureau of Labor Statistics monthly employment report claiming that the economy generated 175,000 jobs in February.   I don't want to go through a detailed analysis of the data as reported and the obvious statistical manipulation implemented on that data.  The real issue is the legitimacy of the data itself.  This requires thinking about the data as presented in the context of every other business data report that was released during February, especially the reports from the private sector.

As one example, the BLS claims that the construction industry added a total of 55,000 jobs in January and February.  Yet, we know from homebuilder reports that housing starts have been tanking.  And what about the "bad weather" narrative.  If housing starts declined over the period and bad weather prevented this, how on earth is it possible that profit-seeking businesses hired workers?  Does anyone really think that a homebuilder executive, who is trying to keep his stock price elevated so he can unload as many shares as possible (see the recent S-4 SEC stock transaction filings - homebuilder execs dumped shares in February), would spend money hiring workers who don't have to work?

That's just one line item example.  There are several.  The point here is that if you look at the numbers being reported - regardless of how they are manipulated to paint a positive picture - in the context of everything else that has been reported about the economy, there's no possible way that the economy generated job growth in February.  In fact, the ill-reputed "birth/death" model, which everyone understands is used as "plug" number the Government uses to pad the employment data, explains 125,000 of the 175,000 jobs reported. The birth/death model has been dissected and shown to be a complete fraud ad nauseum.

The smart money must understand this, because the S&P 500 futures gapped up nearly 10 points when the number hit the tape.  It's currently trading down 3 points, 13 points lower than the initial buying orgy.  The real damage was inflicted by the banks who manipulate the gold and silver market.  Instantaneously as the report hit the newswires, gold was demolished for a total of $25 before recovering some of the manipulated damage.  Right at the time the report was released, nearly 8,000 gold contracts were unloaded on the Comex..  To put this into context, in the 14 hours and 20 minutes of Comex gold futures trading that occurred from 6 p.m. the previous evening until the 8:30 a.m. Comex open today, the total volume was roughly 45 contracts per minute.  You decide if the 8,000 contracts dumped at 8:30 a.m. was legitimate selling or motivated Fed/Govt manipulation

The most frightening part about all of this the fact that the Government finds it acceptable to lie to us about everything.   The U.S. Government has become as corrupted and self-serving as was the old U.S.S.R Government that many of us grew up fearing.   The lack of fear about what has happened in our own backyard is truly stunning.


  1. As you have said before it is not a lack of fear but a case of "cognitive dissonance" that has overcome the general public. This is what happens to most societies that are overrun by socialist politicians. Look throughout history, particularly when Hitler came to power. He promised economic improvement for all and a better life. The current regime that we are governed by made promises of economic equality and free health care, food, phones, etc. People have been put to sleep and lies are the sleeping pill.

  2. Lotsa warm air under uncle buck.

  3. The US Government is the largest organized crime syndicate the world has ever known!!
    I enjoy reading your articles Dave. You are truly appreciated in my world. Keep fighting the "good" fight. Mike

  4. Michael JacksonFriday, 07 March, 2014

    "The crisis in Crimea won’t keep President Barack Obama from forging ahead with a weekend getaway with his wife and daughters in the Florida Keys. But it’s more than the Oval Office that will be dark as Russia’s incursion into Ukraine reaches its one week mark. Vice President Joe Biden and his wife are vacationing in the Virgin Islands."

    The public is simply following obama/biden example: they're on vacation (and food stamps, medicaid, etc). Hmmm....isn't the Ocars tonight? Hmmm....what's on bittorrent TV this week?

    looking like 2008 crash X10000

    1. Truly stunning - shows us how irrelevant Obama and Biden are

    2. 35 countries where the U.S. has supported fascists, drug lords and terrorists
      As the situation in Ukraine continues to fester, a handy history guide -- from A (Argentina) to Z (Zaire)

      The U.S. is backing Ukraine’s extreme right-wing Svoboda party and violent neo-Nazis whose armed uprising paved the way for a Western-backed coup. Events in the Ukraine are giving us another glimpse through the looking-glass of U.S. propaganda wars against fascism, drugs and terrorism. The ugly reality behind the mirror is that the U.S. government has a long and unbroken record of working with fascists, dictators, druglords and state sponsors of terrorism in every region of the world in its elusive but relentless quest for unchallenged global power.

      Behind a firewall of impunity and protection from the State Department and the CIA, U.S. clients and puppets have engaged in the worst crimes known to man, from murder and torture to coups and genocide. The trail of blood from this carnage and chaos leads directly back to the steps of the U.S. Capitol and the White House. As historian Gabriel Kolko observed in 1988, “The notion of an honest puppet is a contradiction Washington has failed to resolve anywhere in the world since 1945.” What follows is a brief A to Z guide to the history of that failure.

      Major Joe Blair was the director of instruction at the U.S. School of the Americas (SOA) from 1986 to 1989. He described the training he oversaw at SOA as the following: “The doctrine that was taught was that if you want information you use physical abuse, false imprisonment, threats to family members, and killing. If you can’t get the information you want, if you can’t get that person to shut up or stop what they’re doing, you assassinate them—and you assassinate them with one of your death squads.”

  5. We Americans are sleepwalking through life. There's still plenty of food at Costco, nobody is worrying about shortages or inflation. Life is motoring along for many of us. Few people have any sense of doom or even gloom. Contrast this with the alternative media pointing to the debacle in front of us. Talk about cognitive dissonance! It's driving me nuts!

  6. Enjoyed your comment on the lie about adding construction jobs - whenever I see any new construction anymore, I am always surprised because it's so rare & I live in the metropolitan Chicago area. It's got to be so much worse in the small cities! And you put it so succinctly in your last paragraph - it is stunning although I sense there is a roiling sense of fright in America's collective unconscious. Keep being the voice of clarity - I need to know someone is blowing the clarion horn!

  7. High Court judge and the child sex ring: Adviser to Queen was founder of paedophile support group to keep offenders out of jail

    Lord Justice Fulford was named last year as an adviser to the Queen
    He was a key backer of the notorious Paedophile Information Exchange
    Police suspect the group of abusing children on an 'industrial scale'
    He is revealed as a founder member of campaign to defend PIE
    At the time it was calling for the age of consent to be lowered to just four

    Read more:

    and you think these mutts wouldn't steal from you???????????????

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