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Guest Post: The 5 Economic "Big Lies" The Government Is Telling You

Tyler Durden's picture





 

Submitted by Michael Snyder of The Economic Collapse blog,

According to a whistleblower that has recently come forward, Census employees have been faking and manipulating U.S. employment numbers for years.  In fact, it is being alleged that this manipulation was a significant reason for why the official unemployment rate dipped sharply just before the last presidential election.  What you are about to read is incredibly disturbing.  The numbers that the American people depend upon to make important decisions are being faked.  But should we be surprised by this?  After all, Barack Obama has been caught telling dozens of major lies over the past five years.  At this point it is incredible that there are any Americans that still trust anything that comes out of his mouth.  And of course it is not just Obama that has been lying to us.

Corruption and deception are rampant throughout the entire federal government, and this has been the case for years.  Now that some light is being shed on this, hopefully the American people will respond with overwhelming outrage and disgust.

The whistleblower that I mentioned above has been speaking to John Crudele of the New York Post.  In his new article entitled "Census ‘faked’ 2012 election jobs report", he says that the huge decline in the unemployment rate in September 2012 was "manipulated"...

In the home stretch of the 2012 presidential campaign, from August to September, the unemployment rate fell sharply — raising eyebrows from Wall Street to Washington.

 

The decline — from 8.1 percent in August to 7.8 percent in September — might not have been all it seemed. The numbers, according to a reliable source, were manipulated.

Two years earlier, the Census had actually caught an employee "fabricating data", but according to this whistleblower the corruption at the Census Bureau goes much deeper than that...

And a knowledgeable source says the deception went beyond that one employee — that it escalated at the time President Obama was seeking reelection in 2012 and continues today.

 

“He’s not the only one,” said the source, who asked to remain anonymous for now but is willing to talk with the Labor Department and Congress if asked.

 

The Census employee caught faking the results is Julius Buckmon, according to confidential Census documents obtained by The Post. Buckmon told me in an interview this past weekend that he was told to make up information by higher-ups at Census.

Well, is it really such a big deal that some of the unemployment numbers were faked?

After all, hasn't the unemployment rate been consistently going down anyway?

Unfortunately, as you will see below, that is simply not the case.  The following are five massive economic lies that the government has been telling  you...

1. "The Unemployment Rate Has Been Steadily Going Down"

According to the official government numbers, the U.S. unemployment rate has fallen all the way down to 7.3 percent.

That sounds really good, and it would seem to imply that a higher percentage of the American people are now working.

Sadly, that is not the truth at all.

Posted below is one of my favorite charts.  The employment-population ratio measures the percentage of the working age population that actually has a job.  As you can see, this number fell dramatically during the last recession and since the end of 2009 it has remained remarkably flat.  In fact, it has stayed between 58 and 59 percent for 50 months in a row...

Employment-Population Ratio November 2013

At the moment, the employment-population ratio is just one-tenth of one percent above the lowest level that it has been throughout this entire crisis.

So are we in an "employment recovery"?

Absolutely not, and anyone that tries to tell you that is lying to you.

So how is the government getting the unemployment rate to go down?

Well, they are accomplishing this by pretending that millions upon millions of unemployed Americans have disappeared from the labor force.

According to the government, the percentage of Americans that want to work is now supposedly at a 35 year low...

Labor Force Participation Rate

If the labor force participation rate was still exactly where it was at when Barack Obama was first elected in 2008, the official unemployment rate would be about 11 percent right now.  People would be running around going crazy and wondering when the "economic depression" would finally end.

But when people hear "7.3 percent", that doesn't sound so bad.  It makes people feel better.

Of course if you are currently unemployed and looking for a job that doesn't exactly help you.  At this point there is intense competition even for minimum wage jobs in America.  For example, according to Business Insider you actually have a better statistical chance of getting into Harvard than you do of being hired at a new Wal-Mart that is opening up in the Washington D.C. area...

The store is currently combing through more than 23,000 applications for 600 available positions, reports NBC Washington.

 

That means that Wal-Mart will be able to hire one person for every 38 applications it receives — i.e., just 2.6% of applicants will walk out with a job.

 

That's more difficult than getting into Harvard. The Ivy League university accepts 6.1% of applicants.

2. "Inflation Is Low"

This is another lie that government officials love to tell.  In particular, the boys and girls over at the Federal Reserve love to try to convince all of us that inflation is super low because it gives them an excuse to recklessly print lots more money.

But anyone that goes to the grocery store or pays bills on a regular basis knows that there is plenty of inflation in the economy.  And if we were being given honest numbers, they would show that.

According to John Williams of shadowstats.com, if the U.S. inflation rate was still calculated the exact same way that it was back when Jimmy Carter was president, the official rate of inflation would be somewhere between 8 and 10 percent today.

But the Federal Reserve certainly doesn't want everyone running around talking about "Jimmy Carter" and "stagflation" because then people would really start pressuring them to end their wild money printing schemes.

And without a doubt, what the Fed is doing is absolutely insane.  The chart posted below shows that the M1 money supply has nearly doubled since the beginning of 2008...

M1 Money Supply 2013

 

3. "Quantitative Easing Is Economic Stimulus"

How many times have you heard the mainstream media tell you something along these lines...

"The Federal Reserve decided today that the economic stimulus must continue."

There is just one thing wrong with that statement.

As I showed in a previous article, it is a total hoax.

In fact, a former Federal Reserve official that helped manage the Federal Reserve's quantitative easing program during 2009 and 2010 is publicly apologizing to the rest of the country for being involved in "the greatest backdoor Wall Street bailout of all time"...

I can only say: I'm sorry, America. As a former Federal Reserve official, I was responsible for executing the centerpiece program of the Fed's first plunge into the bond-buying experiment known as quantitative easing. The central bank continues to spin QE as a tool for helping Main Street. But I've come to recognize the program for what it really is: the greatest backdoor Wall Street bailout of all time.

Yes, quantitative easing has most certainly helped Wall Street (at least temporarily).

Meanwhile, median household income in the U.S. has fallen for five years in a row.

Meanwhile, the federal government is now spending nearly a trillion dollars a year on welfare.

Meanwhile, 1.2 million students that attend public schools in America are now homeless.  In fact, that number has risen by 72 percent since the start of the last recession.

4. "Obamacare Is Going To Be Good For Middle Class Americans"

There were three giant promises that were used to sell Obamacare to the American people...

#1 We would all be able to keep our current health insurance plans.

#2 Millions more Americans were going to be covered by health insurance.

#3 Most Americans would be paying lower health insurance premiums.

Well, it turns out that all of them were lies.

At this point, approximately 4 million Americans have already had their health insurance plans canceled due to Obamacare, and according to Forbes that number could ultimately reach 93 million.

And so far only about 100,000 Americans have actually signed up for Obamacare, so that means that the number of Americans with health insurance has dropped by about 3.9 million since the beginning of October.

Good job Obama.

Meanwhile, Americans all over the country are being hit with a massive case of sticker shock as they start to realize what Obamacare is going to do to their wallets.

According to one study, health insurance premiums for men are going to go up by an average of 99 percent under Obamacare and health insurance premiums for women are going to go up by an average of 62 percent under Obamacare.

And if you are a young man, you are going to get hit particularly hard.  At this point, it is being projected that health insurance premiums for healthy 30-year-old men will rise by an average of 260 percent.

But you don't have to be young to pay higher premiums.  As I mentioned the other day, one couple down in Texas was recently hit with a 539 percent rate increase.

 

5. "The U.S. National Debt Is Under Control"

The mainstream media would have us believe that the budget deficit is now under control and the U.S. national debt is not a significant problem any longer.

But that is not the truth.

The truth is that we are on pace to accumulate more new debt under the 8 years of the Obama administration than we did under all of the other presidents in all of U.S. history combined.

Every single hour of every single day, our politicians are stealing about $100,000,000 from future generations of Americans.  It is a crime so vast that it is hard to put into words, and it is literally destroying the economic future of this country.

Over the last 13 and a half months, the U.S. national debt has increased by more than 1.12 trillion dollars.

If you were alive when Jesus Christ was born and you had spent a million dollars every single day since then, you still would not have spent that much money by now.

And most Americans don't realize this, but the U.S. government must borrow far more than a trillion dollars each year.  Trillions more in existing debt must be "rolled over" just to keep the game going.

For example, the U.S. government rolled over more than 7.5 trillion dollars of existing debt in fiscal 2013.

So what is going to happen someday when the rest of the world pulls out and stops lending us trillions of dollars at ridiculously low interest rates that are way below the real rate of inflation?

Our financial system is far more vulnerable than we are being told.  We are in the terminal phase of the greatest debt bubble in the history of the planet, and when this bubble bursts it is going to be an absolutely spectacular disaster.

Please don't believe the mainstream media or the politicians when they promise you that everything is going to be okay.

 


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Wed, 11/20/2013 - 21:12 | Link to Comment King_of_simpletons
King_of_simpletons's picture

Yawn. Is the sermon over ? Nothing will change ..... Has not changed in decades. Sheep is on Xanax.

Wed, 11/20/2013 - 21:23 | Link to Comment Crash Overide
Crash Overide's picture

I think everyone is sick of it by now waiting for the end game. I guess it gives you more time to prepare though.

Wed, 11/20/2013 - 22:19 | Link to Comment SafelyGraze
SafelyGraze's picture

UMD to ACC: am I being detained? am I free to go now?

ACC: don't play that little game with me, son

http://www.usatoday.com/story/sports/college/2013/11/19/maryland-acc-exi...

and no, tX, you are not free to leave the union. 

conference.

whatever.

Wed, 11/20/2013 - 22:34 | Link to Comment markmotive
markmotive's picture

America's moral fiber is being destroyed through lies and and corruption.

http://www.planbeconomics.com/2013/11/lies-corruption-and-moral-decay-of...

Wed, 11/20/2013 - 23:12 | Link to Comment TwoShortPlanks
TwoShortPlanks's picture

The 8 steps beneath the 5 lies.

USSA: Emergence of a Socialist State

http://twoshortplanksunplugged.blogspot.com.au/2013/11/ussa-emergence-of-socialist-state_20.html

 

Wed, 11/20/2013 - 23:51 | Link to Comment MisterMousePotato
MisterMousePotato's picture

Bonus chart (prepare to have your cedulity strained):

http://www.eia.gov/dnav/pet/hist/LeafHandler.ashx?n=PET&s=A103600001&f=M

Things are far worse than they appear.

Thu, 11/21/2013 - 00:34 | Link to Comment Freedumb
Freedumb's picture

Woops, looks like someone forgot to "seasonally adjust" this at the EIA.

Thu, 11/21/2013 - 09:28 | Link to Comment Paveway IV
Paveway IV's picture

That chart you linked is retail sales by refiners. Because of the odd way the EIA classify sales, one would think retail consumption plummeted. That was made up by Rack sales for Retail. There's a way to chart all of them together on this page:

http://www.eia.gov/dnav/pet/pet_cons_refmg_c_nus_EPM0_mgalpd_m.htm

Consumption, overall, has been pretty flat for the last five years (suggesting unemployment and GDP figures are mostly fake). Gasoline continues to being consumed at around 8.7 MMBbl/day and is projected flat through next year.

http://www.eia.gov/forecasts/steo/report/us_oil.cfm

 

Wed, 11/20/2013 - 23:19 | Link to Comment DeadFred
DeadFred's picture

Bless you, you lovely PM manipulators. 1240!!!

Wed, 11/20/2013 - 21:52 | Link to Comment DoChenRollingBearing
DoChenRollingBearing's picture

Yes, Crash Overide, that is the way I am thinking about all of this waiting as well.  More time to prepare.

Wed, 11/20/2013 - 21:24 | Link to Comment Croesus
Croesus's picture

Forget all the lies that DotGov tells us...how about a list of "The Truths DotGov has Told Us?" 

(cue crickets chirping, and Jack Nicholson claiming "You can't handle the truth"

Wed, 11/20/2013 - 22:29 | Link to Comment bonin006
bonin006's picture

Jimmy Carter said "life isn't fair"

Wed, 11/20/2013 - 23:32 | Link to Comment TBT or not TBT
TBT or not TBT's picture

Man I hope the Dems let him and obozo have front row seating at the convention.

Wed, 11/20/2013 - 22:32 | Link to Comment azzhatter
azzhatter's picture

One truth I'm sure of- Obama is busy swallowing Reggie Love's seed tonight

Wed, 11/20/2013 - 22:46 | Link to Comment bonin006
bonin006's picture

The request was for truths actually told by the gov. Also, what you say is not correct, according to this source:

http://hillbuzz.org/why-wont-the-agenda-driven-media-report-on-barack-ob...

"According to the gossip, Barack Obama would never reciprocate in these encounters, but enjoyed being pleasured by older white guys.  Evidently, he is not a giver and is something of a selfish bathhouse regular when not being the current President of the United States."

Wed, 11/20/2013 - 23:22 | Link to Comment DeadFred
DeadFred's picture

Rumor is that Reggie is old news but word on who's his replacement is being kept on the down low.

Wed, 11/20/2013 - 23:40 | Link to Comment TBT or not TBT
TBT or not TBT's picture

Let's try to focus on him being demonic. I think his tendency to reciprocate ingratiously in gay sex is just a corollary of the bigger issue.

Thu, 11/21/2013 - 00:27 | Link to Comment Zymurguy
Zymurguy's picture

I don't care if he blows goats... it doesn't change the fact that nearly our entire govt. is one big fucking tyrannical demon.

Thu, 11/21/2013 - 01:45 | Link to Comment RafterManFMJ
RafterManFMJ's picture

Well I do care! What if he visits, and my goats are out?

Thu, 11/21/2013 - 04:10 | Link to Comment StychoKiller
StychoKiller's picture

Umm, you'll have a bunch of smiling goats?

Thu, 11/21/2013 - 03:51 | Link to Comment boogerbently
boogerbently's picture

Seriously, we couldn't even drum up any interest in the FACT he has no birth cert or school records.

Proving he's gay????? ...."Enough of these phony scandals, let's concentrate on the economy, and getting Americans back to work".

Wed, 11/20/2013 - 21:34 | Link to Comment seek
seek's picture

They may be on Xanax, but we're getting to the point where the sheep don't have money to buy Xanax, or insurance, or pay the fine for not having the insurance.

The math is starting to get real obvious even to the slow ones that things can't work as they are.

Wed, 11/20/2013 - 21:55 | Link to Comment DoChenRollingBearing
DoChenRollingBearing's picture

I am torn, torn I tellz ya, between next writing about BTC or the disaster that is Obamacare.  I'll get to them both.  

Two big fat softballs pitched my way...

Wed, 11/20/2013 - 22:05 | Link to Comment seek
seek's picture

Speaking of BTC, you should generate a few more inbound addresses so blockchain snoops such as myself don't know about incoming donations.

(I was verifying paper wallets and my transaction logs today and happened to notice.)

Wed, 11/20/2013 - 22:11 | Link to Comment DoChenRollingBearing
DoChenRollingBearing's picture

"Paper Wallets"?  Are those the things that carry fiats?  "Transaction Logs"?  I am reluctant to make a guess.  "Blockchain"?  That sounds kind of S & M, so I won't go there...

:)

Thu, 11/21/2013 - 08:32 | Link to Comment therover
therover's picture

DoChen,

If I sign up for Obamacare and pay via Bitcoin, is it Obitacare ?

 

Wed, 11/20/2013 - 22:17 | Link to Comment Crash Overide
Crash Overide's picture

Yeah seek, the sheep are getting hit over the head now... lol

Thu, 11/21/2013 - 10:27 | Link to Comment SkottFree
SkottFree's picture

"According to the government, the percentage of Americans that want to work is now supposedly at a 35 year low..."

With the advent of Obama Free Shit I can see that this is now the new norm!

Wed, 11/20/2013 - 21:20 | Link to Comment texas sandman
texas sandman's picture

#6  I'll pull out..no I promise.

 

At least that one doesnt need fancy charts and graphs.

Wed, 11/20/2013 - 21:39 | Link to Comment max2205
max2205's picture

Burp....I am too drunk to care....burp

Wed, 11/20/2013 - 23:48 | Link to Comment TBT or not TBT
TBT or not TBT's picture

Let me be clear. When we said you wouldn't get my pulsing glans inundating your tonsils, that was just pillow talk, baby. Come on. What are we talking about here?

Thu, 11/21/2013 - 02:49 | Link to Comment Phil Free
Phil Free's picture

Just the Tip!

 

Wed, 11/20/2013 - 21:20 | Link to Comment blindman
blindman's picture

what is a wep worker?
http://historymatters.gmu.edu/d/7031/
.

Wed, 11/20/2013 - 22:46 | Link to Comment blindman
blindman's picture

if you are going to address the matter answer the question
or bugger off.

Thu, 11/21/2013 - 00:39 | Link to Comment TheReplacement
TheReplacement's picture

In the instance provided, a gimmedat.  Apparently some gimmedats might want to unionize. 

FORWARD SOVIET!

Wed, 11/20/2013 - 21:49 | Link to Comment JungleCat
JungleCat's picture

What difference at this point does it make? We have four dead American banks. Their resuscitation takes priority over Tyler's recitation. And the big banks have promised to be gentle with me.

Wed, 11/20/2013 - 21:22 | Link to Comment johngaltfla
johngaltfla's picture

#7 Oil export data to China is classified and not reflected in our Census Bureau's balance of trade reports.

#8 40% of military spending is "off the books" and attributed to classified programs which still include the Afghan and Iraq wars.

#9 Government pension obligations on the books are fiction, reality = insolvency.

Wed, 11/20/2013 - 21:24 | Link to Comment This just in
This just in's picture

What do you mean nothing will change!? On The Voice last night, the sponge headed emo fuck totally owned the uptight urban yodeller.  

This is fuckin epic.

I'm fuckin twittering right now!

Wed, 11/20/2013 - 21:28 | Link to Comment Running On Bing...
Running On Bingo Fuel's picture

#7 - Juice are your friends.

Over.

Wed, 11/20/2013 - 21:42 | Link to Comment Dr. Engali
Dr. Engali's picture

I'm not knocking Mr. Snyder, and I don't dispute the facts. But fuck, I've been reading this same shit for four years. I've seen this shit so many times that I recognized the charts before I even started the article. Waiting for the house of cards to tumble is exhausting.

Wed, 11/20/2013 - 21:47 | Link to Comment Groundhog Day
Groundhog Day's picture

I'm actually depressed over this.  I really am considering anti depressants.  This shit is worse then chinese water torture.  If it goes beyond 2014 i'll have to check myself into a mental institution or cut myself off from all these financial blogs.  I don't see any other way for mental peace. I read this stuff from morning til night and can't take much more of it

Wed, 11/20/2013 - 21:54 | Link to Comment seek
seek's picture

It'll make it past 2014. 2016, I'm not so sure, and by 2018 I'm 95% sure we'll have seen at least one major world-changing event (dollar devaluation, currency collapse, bail-in, martial intervention, etc etc) i fnot the whole shebang.

Wed, 11/20/2013 - 23:04 | Link to Comment Bro of the Sorr...
Bro of the Sorrowful Figure's picture

anti depressants? get out of here with that bullshit, that would be doing exactly what TPTB want you to do. buy some good weed and go to a chinese happy ending massage parlor once a week. most problems solved.

Thu, 11/21/2013 - 09:04 | Link to Comment gonetogalt
gonetogalt's picture

My head was about to explode a few months back, anti-depressants seemed the only option...then I started taking fish oil capsules.  Immediate relief from the stress of the insolvable problems we read here everyday.  Anyone thinking about meds, and I'm thinking specifically about kids who are ritlan, etc, candidates should try this.  In the old days folks gave cod liver oil regularly to children, now I know why.

Thu, 11/21/2013 - 09:13 | Link to Comment Bro of the Sorr...
Bro of the Sorrowful Figure's picture

add spirulina and green tea as well. great for health in general. i take omega 3 pills and those everyday.

Fri, 11/22/2013 - 10:33 | Link to Comment Kobe Beef
Kobe Beef's picture

+1. throw in some meditation and classical music for mental health.

Wed, 11/20/2013 - 23:29 | Link to Comment DeadFred
DeadFred's picture

Not a chance it goes past 2014. If you look hard you can see a bunch of black swans out there and you only need to have one land. I think I see one dressed in holiday colors waiting for Thanksgiving to pass.

Wed, 11/20/2013 - 22:44 | Link to Comment JungleCat
JungleCat's picture

I feel your pain and have felt the same way at times. You probably should cut yourself all from ALL tthe news, you' ll be happier. I know I am when I do.

Thu, 11/21/2013 - 04:18 | Link to Comment Deacon Frost
Deacon Frost's picture

However, you must stay informed and prepared.

Wed, 11/20/2013 - 21:57 | Link to Comment DoChenRollingBearing
DoChenRollingBearing's picture

Mr. Groundhog, 2014 looks to be an interesting year.  Stick around here at ZH and watch it all crash & burn.

Don't get institutionalized!  Get drunk or wasted instead.

Better yet: take the gift (long-delayed crash), prepare more.

Wed, 11/20/2013 - 21:59 | Link to Comment Dr. Engali
Dr. Engali's picture

Sometimes you just have to take a break. I clear my head from a lot of this crap on the weekends. Family time, or doing something you love, helps to forget there is bad shit going on out there.

Wed, 11/20/2013 - 22:05 | Link to Comment nmewn
nmewn's picture

And always remember, they need us, we do not need them.

Thu, 11/21/2013 - 08:41 | Link to Comment kralizec
kralizec's picture

Excellent perspective cleanser!

Wed, 11/20/2013 - 22:01 | Link to Comment Diogenes
Diogenes's picture

Keep reading. When you get onto them, you will stop worrying. Hint: I have been reading ZH every day since 2009, and every day they predict the markets are going to hell, the boom is over and the crash starts tomorrow. And every day the stock market keeps chugging higher.

I even remember when the first comment on every thread was "gold bitchez!". Haven't seen that one in a while, and don't expect to see it again with gold $600 off the high.

Wed, 11/20/2013 - 23:12 | Link to Comment Pig Circus
Pig Circus's picture

Got Gold Bitchez?

There, you happy?

Wed, 11/20/2013 - 23:19 | Link to Comment Spumoni
Spumoni's picture

What we haven't been told is that gold price smackdowns are planned by the amount of gold .gov, GS and GypEm (JPM) thinks ZH'ers have bought. Every time we get any sense of exultation or euphoria on this blog, the TBTFutocrats smash the price down. They wish to demoralize us so that we quit getting in their way. 

So all we need to do to reverse the trend is to let it be known that we have all sold our metal to the pawnshops, capitulated and joined FSA forever. Buy a few Stolperizations to feed the greed, and then watch what happens! Gold'll be back on the road to tru price discovery in no time!

Anybody besides me ever read 'The Moon Is A Harsh Mistress' by Robert Heinlein? Some good instruction for survival there...

Thu, 11/21/2013 - 06:48 | Link to Comment Mitzibitzi
Mitzibitzi's picture

About 30 times, to date.

 

Thu, 11/21/2013 - 00:44 | Link to Comment TheReplacement
TheReplacement's picture

So... you advocate buying things high (stocks, now) and selling low (gold, now)?  That's stupid.

Wed, 11/20/2013 - 22:10 | Link to Comment Miffed Microbio...
Miffed Microbiologist's picture

It appears you have OD'd. I have too at times. To counteract it, surround yourself with good people, have great sex with your sig other, walk in nature and savor its beauty and appreciate all the good things in your life. Once rejuvenated, you can return refreshed. Taking an antidepressant is akin to a lobotomy and plays right into their hands. All storms eventually end. It's just when you are in one, it seems it will last forever.

Miffed;-)

Thu, 11/21/2013 - 00:37 | Link to Comment acetinker
acetinker's picture

Hey Miffed, I too, have od'd.  So much so that I'm not even sure who you replied to.  I have surrounded myself with good people, (you and fonz, et;al) but the great sex is um, part of the historical record.

I thank God, of no particular religion each day I wake up.  I am the storm, but I'm so small, nobody notices.

Thu, 11/21/2013 - 01:13 | Link to Comment Miffed Microbio...
Miffed Microbiologist's picture

Hey there ace! I was responding to groundhog day who seemed a bit down in the dumps. A state I find myself in occasionally. Sex, Scotch and Scenery are my cure (sometimes I do all three at once ;-) ). I am sorry to hear great sex is historical. I am fortunate to have an interested partner who's raring to go at a wink from me. It's the only thing that gets him to relax. Or, at least, that's the story he tell me.

Keep on storming my man. Size doesn't matter.

Miffed;-)

Thu, 11/21/2013 - 00:47 | Link to Comment TheReplacement
TheReplacement's picture

My eyes did not expect sig and initially saw sis.  Hurray for blindness!

Thu, 11/21/2013 - 01:17 | Link to Comment Miffed Microbio...
Miffed Microbiologist's picture

Eeek! No more lazy abbreviations for me.

Miffed;-)

Thu, 11/21/2013 - 15:10 | Link to Comment Jena
Jena's picture

Oh... don't change anything.  Let people wonder.  It's good for them. :)

Wed, 11/20/2013 - 23:10 | Link to Comment Spumoni
Spumoni's picture

There is only one thing to do when it gets this bad. Put on your scuba gear. Go to the place where you had your boating accident. Dive down, and roll around in the golden pebbelry covering the bottom. Take refuge in the idea that VampySquid can only rolol around in [toilet] paper...this will make you feel better.

Thu, 11/21/2013 - 00:55 | Link to Comment TheReplacement
TheReplacement's picture

You can wipe your butt with it.

You can write the lyrics of your favorite song on it.

You can use it for origami.

You can decorate your walls with it.

You can burn it.

Bankers can snort drugs with it.

You can use it and a fishing pole to play pranks on people and then post the videos online.

You can roll like a dog on a dead fish on it.

Gold can't do all that.

Wed, 11/20/2013 - 23:24 | Link to Comment Trampy
Trampy's picture

I'm actually depressed over this.  I really am considering anti depressants. 

Screw the poison pills they have here.  Opium poppy extracts were the first antidepressants.

Or MOVE TO AFGHANISTAN where 80% heroin costs $5 USD for 3 grams, which could kill you if taken at once without tolerance, but should be a enough for a week  ... in the beginning.

See  http://www.4thmedia.org/2013/11/14/drug-war-american-troops-are-protecting-afghan-opium-photos/

 

 

Wed, 11/20/2013 - 23:50 | Link to Comment HardAssets
HardAssets's picture

Hell with that .. . . go find some nice young woman, take her out to a good dinner and get yer self laid.

Don't let anyone talk you into taking their chemical b.s. poisons of mind & soul.

Life is short and in the end none of us get out alive anyway.

Don't let the bastards get you down man !

If youre going with an emotion, dump 'depression' and make it 'righteous fukn' anger'

 

 

 

Thu, 11/21/2013 - 15:17 | Link to Comment Jena
Jena's picture

Great advice so far Groundhog, but I'd add exercise.  Make sure you get really good cardio three or four times a week and do some heavy lifting about the same number of days/week.  Keep the perfusion to your brain and heart and there are lots of studies that exercise is similar to antidepressants in helping with depression.

Wed, 11/20/2013 - 21:40 | Link to Comment MyBrothersKeeper
MyBrothersKeeper's picture

Good stuff but national debt is a pittance compared to unfunded liabilities of 120 trillion +.  Even in unicorn world you can't make that math work.

Wed, 11/20/2013 - 23:28 | Link to Comment Keyser
Keyser's picture

Penny wise and pound foolish... They are squabbling over a pittance when total unfunded liability is the 800 lb gorilla in the room... The political system is broken when the two party's primary concern is staying in power while making the other team appear evil. Fiscal responsibility is no where on the list.  

 

Wed, 11/20/2013 - 23:52 | Link to Comment TBT or not TBT
TBT or not TBT's picture

"appear"?

Thu, 11/21/2013 - 01:01 | Link to Comment TheReplacement
TheReplacement's picture

Those are entitlements, not rights.  The programs can simply be ended.  Problem solved.

What you are going to do about the resulting mob is your problem.

 

Sometimes I think the blues may be playing the reds to take the fall for the above.  Sure they cooperate but Stalin and Hitler did too.  For a while.

Wed, 11/20/2013 - 21:44 | Link to Comment Professorlocknload
Professorlocknload's picture

Oh, good. Only 5.

 

10 is too even.

Wed, 11/20/2013 - 21:47 | Link to Comment ramacers
ramacers's picture

overwhelming outrage and disgust? please. only blood will do it bros.

Wed, 11/20/2013 - 21:56 | Link to Comment Its_the_economy...
Its_the_economy_stupid's picture

"Obamacare Is Going To Be Good For Middle Class Americans"

 

It will be. The difficulty that you have understanding this is that the definition of "middle class american" has changed. It now means everyone without a job and on the public dole. If that's not you, then you are "upper class".

 

Now don't YOU feel good.

Wed, 11/20/2013 - 22:23 | Link to Comment ebworthen
ebworthen's picture

This economy is run for the crony capitalists and corrupt bankers that buy any and all politicians who are supposed to represent you.

It has nothing to do with the worth of individuals, the value of family, the soul of the Constitution, or Capitalism.

It is all about graft, corruption, greed, mammon lusting, unethical immoral conduct and EVIL.

You are being lied to every day and in every way.

House of cards, hall of mirrors, epic PONZI.

Wed, 11/20/2013 - 22:38 | Link to Comment blindman
blindman's picture

Stan Rogers - The Jeannie C.
http://www.youtube.com/watch?v=uXDSGJky4qk
.
The Jeannie C. Lyrics
Artist: Stan Rogers
"The Jeannie C."
.
Come all ye lads, draw near to me, that I be not forsaken
This day was lost the Jeannie C. and my living has been taken
I'll go to sea no more

We set out his day in the bright sunrise, the same as any other
My son and I and old John Price in the boat named for my mother
I'll go to sea no more

Now it's well you know what the fishing has been, it's been scarce and hard and cruel
But this day, by God, we sure caught cod, and we sang and we laughed like fools
I'll go to sea no more

I'll never know what it was we struck, but strike we did like thunder
John Price give a cry and pitched over side. Now it's forever he's gone under
I'll go to sea no more

Now a leak we've sprung, let there be no delay if the Jeannie C. we're saving
John Price is drown'd and slip'd away. So I'll patch the hole while you're bailing
I'll go to sea no more

But no leak I found from bow to hold. No rock it was that got her
But what I found made me heart stop cold, for every seam poured water
I'll go to sea no more

My God, I cried as she went down. That boat was like no other
My father built her when I was nine, and named her for my mother
I'll go to sea no more

And sure I could have another made in the boat shop down in Dover
But I would not love the keel they laid like the one the waves roll over
I'll go to sea no more

So come all ye lads, draw near to me, that I be not forsaken
This day was lost the Jeannie C. and my whole life has been taken
I'll go to sea no more

Wed, 11/20/2013 - 23:20 | Link to Comment DavidPierre
DavidPierre's picture

"That to call myself a man,

For my loved ones I must stand."

Stan Rogers - Harris and the Mare

http://www.youtube.com/watch?v=bQSEn-SZzpM&list=RDbQSEn-SZzpM

After all these years Stan can still bring tears to my eyes.

...................................................

Rogers was noted for his rich, baritone voice and his finely-crafted, traditional-sounding songs which were frequently inspired by Canadian history and the daily lives of working people, especially those from the fishing villages of the Maritime provinces and, later, the farms of the Canadian prairies and Great Lakes.

Rogers died in a fire aboard Air Canada Flight 797 on the ground at the Greater Cincinnati Airport at the age of 33.

That was one of the saddest days in my life.

Wed, 11/20/2013 - 23:23 | Link to Comment DoChenRollingBearing
DoChenRollingBearing's picture

+++++  That was a wonderful song, thanks for sharing it.  I had never even heard of Stan Rogers before.

Wed, 11/20/2013 - 22:39 | Link to Comment sixsigma cygnus...
sixsigma cygnusatratus's picture

If you like your death-panel, you can keep your death-panel.  I actually still believe that one...

Wed, 11/20/2013 - 22:52 | Link to Comment JungleCat
JungleCat's picture

But you are not allowed to be your own death panel. Obamacare does not provide you with a cyanide capsule should you want to avoid a painful diseased death.

Wed, 11/20/2013 - 23:02 | Link to Comment akak
akak's picture

"The FIVE"?

When does the government tell us anything that is NOT a lie?

Thu, 11/21/2013 - 04:21 | Link to Comment Deacon Frost
Deacon Frost's picture

Yes, this is more the question.

Wed, 11/20/2013 - 23:07 | Link to Comment MFLTucson
MFLTucson's picture

However the biggest lie of all is that this is a government by and for the people

Wed, 11/20/2013 - 23:25 | Link to Comment Spumoni
Spumoni's picture

Geez-the memo on my desk says "...government by and for some people." 

Well shucks. Better go oil the barrels.

Thu, 11/21/2013 - 07:32 | Link to Comment HardAssets
HardAssets's picture

The BIGGEST LIE is that 'government' is a 'thing' or a 'powerful overwhelming entity'.

Such words are used to confuse and to intimidate and enslave.

Another example, in the famous quote:

"Ask not what your country can do for you, but what you can do for your country."

What's is meant by 'country' ?  The sticks & stones at your feet ?  No, that's not it. How about the 300 million + individuals living within a defined geographical area ?  How can you do what they want - that's an impossible task. Its likely they have conflicting desires as to what they all would want you to do for them. Isn't it more likely that 'country' refers to individual politicians and what they determine that they want you to do ? (And we know those politicians are bought off by powerful wealthy individuals).   Changes the whole meaning and tone of the quote, doesn't it ?

"Ask not what the politicians (and their masters) can do for you, but what you can do for the politicians (and their masters)."  

'government' is a word, a concept - that really refers to individual human beings who run the illusion. (We're not talking about the guy from the post office who delivers your mail.) One day these individuals will pay for what they are doing to harm so many other individual human beings around the world. People will see through the curtain of b.s. words that they hide behind.

 

 

 

Wed, 11/20/2013 - 23:15 | Link to Comment Trampy
Trampy's picture

Jeez.   They need to require TS clearances for everyone in the entire Commerce and Labor Departments and make the pre-release results and calculational methods classified.  Every five years an OPM investigator will go around looking for derogatory info on them.

Then they can charge any leakers under the Espionage Act.

Wed, 11/20/2013 - 23:51 | Link to Comment The Burning Planet
The Burning Planet's picture

Here's a very well written article from May, 2008 Harpers exposing how the US employment numbers have been rigged since the time of John F Kennedy. Kennedy was the first to rig them. He demanded that the BLS first run the numbers by him and his staff before they were released. And every single president since then has done the same, manipulating the jobs numbers before they are released. Every one, without exception. Each president in turn creating more exceptions and loopholes that result in spuriously high jobs numbers.

http://harpers.org/archive/2008/05/numbers-racket/

 

Wed, 11/20/2013 - 23:38 | Link to Comment acetinker
acetinker's picture

When do we get on with solutions, fer chrissake?  All you feckers who wanna simultaneously decry and play the "markets" fail to realize that some of us actually add value to the stream.

Mike, I hope the collapse comes sooner than later.  It's inevitable.

Having said that, why am I commenting on ZH?  I guess it's just for posterity.

Wed, 11/20/2013 - 23:58 | Link to Comment TBT or not TBT
TBT or not TBT's picture

You are just some code and data in a simulation, writing to a log file. it's what we do. Hope that helps.

Thu, 11/21/2013 - 00:13 | Link to Comment acetinker
acetinker's picture

It does, actually.  Thanks!  Vonnegut wrote about us, you know... the meek.

Long live Kilgore Trout!

Thu, 11/21/2013 - 04:19 | Link to Comment StychoKiller
StychoKiller's picture

Don't forget the "wide-open beavers!" :>D

Thu, 11/21/2013 - 01:21 | Link to Comment fijisailor
fijisailor's picture

Slid the 135% genoa in the roller furler last weekend and cleaned up the windvane.  The boat's in top shape now to go anywhere in the world.  RO watermaker installed and my favorite fishing gear aboard.  If nothing goes sour with the economy the least I can do is take one hell of a nice vacation in the Bahamas.  Lots of nice little islands and reefs  in the world with no one there.

Thu, 11/21/2013 - 02:48 | Link to Comment kurt
kurt's picture

Half are waiting to tear it all down in rage and the other half is waiting to tear down the first. NSA is the second half, watching, waiting.

There is a new economy growing inside the old. The old is right in front of you, in traffic: each tankful full of money flowing to the the second half, paying for the NSA that's waiting.

The first half needs to believe a new economy is coming and not give the other half an excuse to preemptivley strike, though they bait you every day.

Remember back to the playground in junior high, the guys who liked to watch a fight and laugh at you, stupidly, smashing your friend in the face.

Thu, 11/21/2013 - 10:58 | Link to Comment moneybots
moneybots's picture

"Corruption and deception are rampant throughout the entire federal government, and this has been the case for years.  Now that some light is being shed on this, hopefully the American people will respond with overwhelming outrage and disgust"

 

BUT WHAT GOOD WILL IT DO?

 

Several Tea Party members elected as republicans, climbed into the pockets of the bankers.  Ted Cruz is married to someone who works for muppet maker Goldman Sachs.

The democrats continue deceiving on the ACA.  It is damned if you do and damned if you don't support either party.  They are both frauds.

Thu, 11/21/2013 - 11:35 | Link to Comment moneybots
moneybots's picture

"According to John Williams of shadowstats.com, if the U.S. inflation rate was still calculated the exact same way that it was back when Jimmy Carter was president, the official rate of inflation would be somewhere between 8 and 10 percent today.

 

Bananas were 1.30 a pound several years ago, now .69 a pound at the local supermarket. 

Everything at the 99 cent only store is still 99 cents.

Retailers are starting Christmas sales early.   32 inch flat screen at Walmart for under $100.  Barbie 50% off at Toys are US.

People don't have the income to push inflation.

Thu, 11/21/2013 - 13:20 | Link to Comment Miffed Microbio...
Miffed Microbiologist's picture

You may have a point for those selected items. However I would challenge you to take a 30 year old Barbie and do a chemical analysis of it. I wouldn't be surprised if more cheap substances were made in its construction and or contaminants ( i.e. lead) were found. My 20 year old TV is still going strong but a work associate go through a flat screen every 3 years ( granted she watches more than I but over the same time frame it's still grossly in my favor).

The Christmas Sales have been going on for some time and are certainly indicative of a problem. When my brother and I were little we got in trouble and our punishment was opening our presents on the Epiphany ( gifts given to Christ by the Magi) which our parents claimed was the proper time anyway. It took us years to come to the conclusion they were just finding some excuse to purchase our gifts more cheaply.

Miffed;-)

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