Work Ratio and Unemployment Rate

The official unemployment figures are a lie, as any but the low-information human knows; the basis of the numbers were changed in the Clinton years, some in the Bush I years.

Shadow Stats presents a more accurate representation of unemployment:

So, we are well over 20% unemployment.  Mumble and spin all you want, nearly a fourth of the population is NOT working. (And more than half are on government entitlements.)

The fantasy rate, reported by the New York Times, ABC and other operatives, is just over 6%. After the deluge, I recommend crowds go to the media centers and molasses and feather the editors; then, run them out of town on the subway.

The incredible nature of this falsehood belies the incredible danger we are in; the government HAS to tell the big lie. Perhaps, the Democrats hope to lose power this year, so the Republicans can be blamed for the coming collapse.  It may come too late.

This false unemployment rate that is reported (it is U3 which is inherently nonsense) keeps decreasing. Yet, the last 12 month average of job creation shows that we are producing 70,000 jobs per month LESS than required by population growth!  Unemployment, therefore, sorry logic, must be increasing. There is your U3 at work.

So, don't even bother with government lies. Here is a the critical chart to study, very carefully.

The current economic state is, simply, untenable, and the Federal Reserve has made things worse by floating banks and major corporations by creating money. They do this not for you, but to give banks (who own the Fed, not the government) a chance to get out of liabilities before the collapse. This is oligarchy at work. Clear out accounts by distributing liabilities to the ignorant suckers; then crash things; then, buy stuff back.

To be honest, it is a tribute to America that we have not already collapsed and suffered hyper-inflation; however, foreign nations have already started the movement away from the dollar.  This is the end of our idiotic empire thinking. What to hope for is a controlled devaluation of the dollar when it is no longer used by other nations.

After the mess, life will either be a nice, with a small government keeping out of our lives and a currency that has value OR we will live in a fascists state.

It is quite funny that, last week, we had the childish gall to threaten Russia with sanctions!  They can sink all of us with, as Obama might say, a phone call or stroke of a pen. They have not forgotten our actions cause the Soviet Union's economy to collapse.

All they need to do is refuse to accept dollars when selling their oil. If they do that, immediately buy groceries, withdraw cash as the banks will close (oh, have a holiday!)  Of course, we could have plenty of oil to sell ourselves, but Obama is doing his best to make sure our economy collapses.

My advice continues: buy peanut putter and junk silver, which is at a good price.

"I hear the train a'comin'; its 'comin' round the bend...."