Friday, April 3, 2009

Commerce Department Lies About Economy

"The gain followed a 3.5 percent drop in January that was larger than previously estimated, the Commerce Department said"

They LIED THEN, so what makes you think they are not LYING NOW?

Aren't you reading this blog? They LIE ALL THE TIME, folks!!!!

Also consider
: "One in 10 Americans gets help to buy food A record 32.2 million people -- one in every 10 Americans -- received food stamps at the latest count, the government said on Thursday, a reflection of the recession now in its 16th month.

"16th month? Funny how nobody thought to tell the American people we were in a recession until October of last year!" -- Wake the Flock Up

Of course, the AmeriKan GOVERNMENT and MSM would NEVER LIE to YOU, would they?


"Jobless claims at 26-year high; Factory orders gain in February" by Bloomberg News | April 3, 2009

WASHINGTON - The number of Americans seeking jobless benefits last week climbed to the highest level in 26 years, providing a reminder that unemployment will keep mounting long after the economy stabilizes....

Translation: After waiting MONTHS to tell you there was a RECESSION, now the PROPAGANDA-PROMOTING PAPER is saying it is OVER and the economy is BACK on the UPSWING!

Oh, NEVER MIND that JOB that was TAKEN FROM YOU, 'murkn!

The GALLING ARROGANCE of the LIARS is QUITE ASTONISHING, isn't it?

The biggest slump in profits in five decades means companies will cut more staff to reduce expenses in coming months, even as orders begin to trickle in. "There are positive signs in the economy, solid signs that the downdraft has diminished," said Ellen Zentner, a senior US economist at Bank of Tokyo-Mitsubishi UFJ Ltd. in New York. "But because the labor market lags, we don't think we've seen the worst of that yet."

Stocks gained, extending a global rally, as investors welcomed a change in regulation that may boost bank profits and leaders of the most powerful nations, meeting in London, agreed on measures to stem the recession....

See: Congress Gives Bankers Permission to Lie

Wouldn't that make you happy?

Less employment and slowing incomes may thwart a rebound in consumer spending, setting back prospects for an economic turnaround in the second half of 2009. Orders placed with factories rose 1.8 percent in February, the first gain since July, reflecting a rebound in demand for construction machinery, computers, and air-conditioning equipment that signals the worst of the manufacturing slump has passed.

At which time

"the figure referred to is already in the public arena, being prepared for higher elevation in the world of politics. Although I won’t name him just yet, he is located in North America. Precisely where and when spiritual researcher and teacher Rudolf Steiner said he would incarnate.

Moreover, the current financial crisis has been created to catapult him into the public’s awareness as some kind of “saviour”. Although he will be anything but as will soon become apparent.... All we can say is watch the financial world and wait for an apparent market ‘recovery’, then look out for whoever is credited with performing this economic “miracle”.

As the prospect of war looms watch for whoever is being hailed for rescuing us from “market meltdown”. The market’s recovery will only be temporary but it will be enough to elevate this character into the highest levels of the political firmament. From here he will be able to guide and direct the coming war."

The gain followed a 3.5 percent drop in January that was larger than previously estimated, the Commerce Department said.

--more--"

Have you had enough bullshit from the Boston Globe?

Won't be for much longer
: Times Co. may shut Globe