Saturday, June 11, 2016

"The Keynesians Stole The Jobs"

"Late last week the markets were shocked by a surprisingly bad May jobs report – the worst monthly report in nearly six years. The experts expected the US economy to add 160,000 jobs in May, but it turns out only 38,000 jobs were added. ...13,000 of those 38,000 were government jobs.

...there are more than 102 million people who are either unemployed or are no longer looking for work.

Which those earning money are paying for
as the 'Social' trust funds were pillaged by the Republican and Democratic establishment

'They' did it together, while making like there are two sides

...citing the weak May employment numbers, Goldman-Sachs is now predicting that there is a zero percent chance of a rate hike in June. Of course they also see this as a temporary blip in an otherwise robust economy...

Hillary Clinton and Elizabeth Warren are all in on saying the economy is fine,
parroting Goldman Sachs' bullshit

I don’t mean to rain on Goldman’s parade, but there are no miracles between now and July that will propel the economy to where according to their terms a rate hike would be appropriate.

More QE would get the markets going up again,
but it wouldn't make it any more real than the current global facade

QE doesn't increase real economic growth, 
QE just keeps those in power, in power and the status quo calm

...The culprit is an economic philosophy shared by both Republicans and Democrats for many decades. It is a belief in the fantasy of effective central economic planning by the Federal Reserve.

Some of Hillary's Goldman Sachs take, 
which Elizabeth Warren is now just fine with
in a betrayal of Beth's supporters;

6/4/2013, The Goldman Sachs Group, Palmetto Bluffs, SC: $225,000

10/24/2013, The Goldman Sachs Group, New York, NY: $225,000

10/29/2013, The Goldman Sachs Group, Tuscon, Ariz.: $225,000

It is a belief that a central bank can determine better than the free market what interest rates should be. This belief results in mal-investment, spiraling debt, distorted markets, inflation, bubbles, and finally economic depression.

Which we are headed into, only after the can has been kicked to death
by the world's repeated central bank interventions
corporate share buybacks with borrowed money and massive global debt increases

...While the “experts” have talked about our “economic recovery” since the crash of 2008, I happen to believe we have been in a recession or even a depression for the past eight years. The government manipulates the statistics to hide how bad the economy really is, until finally a bit of the truth leaks out and everyone seems surprised.

What did Donald Trump say about May's employment report 
described as "Weak, Sour, Soft, Disappointing, Fell Sharply, Far Short,
Sharp Fall, Just 38,000, Stalls, Bombshell etc..."

The people sense something is wrong but many don’t fully understand what it is.

Did Trump, Warren or Hillary admit 
a goodly chunk of government statistics used to pacify the populace
are manipulated to support social stability and economic stagnation
as opposed to favoring letting markets held up on monetary heroin 
find thier own way?

Did Donald say the markets are rigged as much as our political process

They have been told that more government spending will stimulate the economy and bring back jobs, and that more tinkering with interest rates will finally produce ideal economic conditions.

...What we are seeing is an epic failure of the Keynesians who have tricked so many people into believing that economic interventionism can create a perfect economy. They have mismanaged the economy and I am afraid the worst is yet to come...
We are being lied to; According to the NC Commerce Department, there were 5,845 layoffs announced through all of 2015, but 7,453 through May, 2016

Once again Triangle Business Journal Staff Writer Lauren K. Ohnesorge misleads readers and the public on North Carolina layoff statistics

"The -4.8 print was considerably worse than the -0.8 expectation"; Dow Jones near highs = Rigged Financial markets and links

"Where Will You Be When the End Game Begins?"; The End Game Already Began Somewhere around the Tech Bubble burst of 1999 and 2000