More BLS BS

96
Fri, Dec 2, 2016 - 10:57am

Last weekend, the Washington Post reported a new, McCarthy-type black list of "fake" political news sites. The mainstream reporting of the the current economic news is now so pathetic and biased that there will no doubt soon be a similar list of "fake" economic news sites. The "reporting" of today's disastrous employment report is just the most example.

Again, we don't call it the BLSBS for nothing...

Here's just a random sampling of the stories being paraded out by the so-called "mainstream media":

The general theme is that the U.S. economy is so strong and robust that The Fed must now soon raise interest rates. The unemployment rate "paints a picture" of the "strong economic tailwinds" that Trump inherits as he takes office.

In the most basic sense, this is your Financial-Political-Media Complex carrying the water for The Fed and their Bankers. The Bankers want a rate hike and the media paints the canvas in order to make it possible.

But here are the FACTS.

  • The amount of Americans NOT IN THE LABOR FORCE just reached a new ALL-TIME high of over 95,000,000
  • On balance, the ONLY jobs being added are PART-TIME
  • And the number of multiple holders is surging.

So is this a "robust" economy and "full employment" as the Banker shills lead you to conclude?

Or, instead, is the backbone of the US economy...the very foundation...millions upon millions of "middle income" people...desperately scraping and scratching in an attempt to keep afloat?

As we've noted for the past several months, the BLS stated "job growth" never comes from productive, career-building full-time jobs. Instead, all of the growth is in PART-TIME employment. Courtesy of ZeroHedge, here are the past three months of the "job growth" breakdown:

Or you can add all three months together...September through November...the period where interest rates have skyrocketed allegedly because the US economy is so strong thus forcing/enabling The Fed to raise the Fed Funds rate...and you get this:

Does that look like an "economic tailwind" to you? So who's reporting the truth? Yours truly or CNN?

And then let's factor in this unfortunate statistic. The amount of people in the U.S. who are being forced to work multiple jobs is at an ALL-TIME HIGH. ALL-TIME AS IN FOREVER AND NEVER BEFORE SEEN! See this chart, also from ZH:

So what we have in America is an economy which, for various reasons, only produces part-time jobs and the vast amount of the citizenry is being forced to work multiple jobs in a desperate attempt to make ends meet. My personal frustration with all of this led me to write this post earlier this week. Perhaps you missed it: https://www.tfmetalsreport.com/blog/8015/another-day-paradise

The point is...Just as "alternative" news sites are now being maligned and black-listed for providing factual election coverage, soon alternative financial news sites such as this one will also be impugned and marginalized. Promoting the Banker-approved message to the masses will be all that is allowed. Anyone or any entity that attempts to explain the truth and facts on the ground will be cast as foreign agents or outright, unpatriotic liars.

As this pertains to the precious metals, we've already seen this over the six-year life of TFMR. We're "conspiracy theorists" who act as "charlatans" and "pumpers", duping the poor hoi polloi into sinking their life savings into worthless "pet rocks". Never mind the HISTORICAL FACT of government gold price suppression and manipulation from the late 1950s to the London Gold Pool to the introduction of Comex gold futures on January 1, 1975, just one day after U.S. citizens were finally allowed to purchase gold again after a 32-year moratorium.

No way, no sirree. The paper derivative gold market is free, true and fair. The stated price is only discovered through benevolent Bullion Banks making a market and providing essential hedging services to their mining company clients. Anyone who believes otherwise is a "con artist" looking for ad clicks.

In the end...and as in everything...use your own brain. Value your own logic and trust your own conclusions. Do not be misled by the agendas of Financial-Political-Media Complex. Instead, recognize that the scope of the lies and message control can only be indicative of the desperate final days of those clinging to the power granted to them by the old, dying "system". You can either trust your instincts and use this time to prepare accordingly for the paradigm-shifting changes that are to come or you can be a part of the duped masses, sitting on your roof amidst the floodwaters, holding a sign that says "HELP ME".

The choice is yours.

TF

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  96 Comments

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James Crightonabundance
Dec 5, 2016 - 10:18am

Abundance ...

.... be easy on a feller - the festive season presents many temptations ....

jc .................................. hic

abundance
Dec 5, 2016 - 10:06am

have a close friend in rehab presently..

so hope you 'do' it jc and not just 'try' to do it..

boomer sooner
Dec 5, 2016 - 9:31am

ditto above JC

Thank you for your response.

Off to work, burrr. +36F this morning, billhilly you can keep that minus stuff. I couldn't get out of bed in the morning (wouldn't want to).

sengfarmer
Dec 5, 2016 - 8:20am

Thank you JC

I really appreciate your response. I suppose I will have to try 500 mg of vitC at a time and see if my system can handle that.

AlienEyes
Dec 5, 2016 - 8:00am

JC

"jc (trying to give up alcohol - did you hear that Tyb and AE)"

I understand there is a strong statistical link between cancer rates and alcohol intake. Good on ya !

For that reason, I cut back to one drink, about once a week or less. Granted, it might seem odd....drinking tequila from a 16 oz margarita glass but it works for me. The resulting 'galactic hangover' also helps me go a week or even a month before doing it again. When I visit Colorado, I avoid alcohol altogether due to the altitude. Besides, new Colorado state laws have all but made alcohol obsolete. Ever study delta-9-tetrahydrocannabinol when you were racking up all of those sheep skins ?

James CrightonBarnacleBill
Dec 5, 2016 - 6:58am

Barnacle teeth

Perhaps Barney - but how do we prove it? Fun to speculate anyway. In the meantime the dental fraternity is most grateful for their (wisdom teeth) existence ( $$$$$ ) and that we no longer are prolific root-eaters!

jc

BarnacleBill
Dec 5, 2016 - 5:26am

Wisdom Teeth

My understanding is that wisdom teeth function as replacement teeth for ones lost forward through damage or disease. Modern dentistry has eliminated their need so they need to be pulled less they shove your teeth forward. Similar to how sharks generate hundreds of teeth for replacement.

James Crightonboomer sooner
Dec 5, 2016 - 2:45am

Boomer - Vitamin C

Boomer - thanks for your approach.

I am a great believer in anti-oxidants - including vitamin C (but not forgetting colour - berries, apple skins, vegetable (preferably raw), etc) - but am more disposed to natural sources than man-made - never know what contaminants are in there with the main ingredient - do you believe what they say on the box?

It would seem that you are "resistant" to oxalate crystal formation. This may be for a number of reasons - rate of ascorbate metabolism (to oxalate) in the liver, you drink plenty of liquids, you don't drink much alcohol (dehydrates), your kidneys (renal tubules) are "efficient" at clearing oxalate. Consider yourself lucky. Hey, some people smoke all their lives and live to 100 - literally (these people clearly have efficient anti-oxidant / repair systems).

Regarding the RDA (recommended daily allowance) one sees on the boxes of vitamin preparations, they have been established by studying populations and dietary habits. What they seldom give is metabolic rates or frequency of digestion - remember, for e.g., vitamin C is cleared rapidly from the blood - so that one can take 1,000 mg in the morning and there will be very little left (in the blood) in 6 hours (it is voided in the urine).

So, what does one do? I use my common sense and trust nature - our bodies / metabolic systems have taken billions of years to develop. Look to what we did in days of yore (thousands of years ago) - foraged and grazed berries, vegetables and roots - and had occasional feasts of meat. Good enough for the animals - good enough for me!

By the way, as an aside, I was once wondering why we have Wisdom Teeth - only to have them pulled at age 21. Dentist was unable to answer - so went to a professor at our local Dental School who said he thought it was because we no longer eat much raw (tough) vegetable matter - which would cause teeth to grind agains each other - thus making room for the Wisdom teeth when they appear. Sounded good to me.

Live healthily to 100!

jc (trying to give up alcohol - did you hear that Tyb and AE)

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boomer sooner
Dec 4, 2016 - 5:47pm

JC

I have a question on the "daily recommended" label. Is/could that number be the lowest maximum that would not hurt (help) any single person? It seems each person has a sensitivity level that differs greatly and the recommendation numbers are a safe place for all, no matter what amount the individual needs.

I have taken several thousand (3-6) every day, sometimes at once, of Vitamin C (actually ascorbic acid in powder form). I have never had an issue, yet.... colds, illness are virtually nonexistant. Last 3 visits to medical facility over the last 5 years were for stitches (self inflicted of course), but not illness.

James Crightonsengfarmer
Dec 4, 2016 - 10:14am

sengarmer - 9:43am post

Sengfarmer - for the reason I alluded to earlier. Vitamin C / ascorbic acid / ascorbate is metabolised fairly rapidly in the liver to oxalate / oxalic acid - which is then excreted in the urine. In high concentrations (e.g. in the neprons / renal tubules - i.e . in the kidney) it forms crystals which can form kidney and ureteric stones - these can cause blood in the urine (haematuria) and even kidney failure in the long run.

High concentrations of oxalate will be achieved if one takes 1,000mg tablets of vitamin C.

Hope clear?

jc (PhD biochemistry and also MD / surgeon) - amongst other degrees - mention this not to boast but to give some authenticity)

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