Even the BLS drones can’t adjust away the surging energy prices that are crushing the average American family. Bernanke isn’t worried because his limo is filled up by his chauffer and the cost is paid by you. Record high July gas prices are just collateral damage in his war to enrich his Wall Street masters. Let the peasants eat food stamps. Bernanke and his fellow Fed lackeys continue to blather on about the dreaded deflation, while the average American family gets a daily injection of inflation up the ass. Everyone living in the real world knows that the costs for things we need to live our daily lives has been rising by 5% to 10%. The BLS reported 1.8% annual inflation is an Orwellian state produced number that is designed to keep the sheep sedated. Any critical thinking person that examines the BLS report can see the falsehoods throughout the data. Here is a link to the report:
The oligarchs have become so bold that they don’t even care that their very own reports conflict and provide contrary data. Here is a taste of their lies:
- Rent and the BLS created owners equivalent rent account for 31% of the CPI calculation. The government and the corporate mainstream media have been pounding the storyline of a dramatic housing recovery. I’m told that home prices have leaped by 12% nationally in the last year. I’m also told that rental units are in short supply and that rents have risen between 4% and 5% nationally. So with this knowledge in hand, how could the BLS drones possibly report that annual inflation for shelter only went up 2.3% in the last year. They can do this because they are lying. They cannot tell me prices are soaring in one report and then tell me that prices are barely rising in another report.
- Oil prices are 22% higher than one year ago. Gas prices are 6% higher than one year ago. Natural gas prices are 30% higher than one year ago. Surely these increases are properly reflected in the BLS numbers. Not quite. The BLS drones have the balls to report that your energy price inflation was only 2.6% in the last year. This lie would be laughable if it wasn’t so blatantly dishonest. Gas prices have jumped by 5% in the last ten days and are headed much higher. Maybe the BLS can adjust energy completely out of the CPI.
- Have you been grocery shopping in the last year? Has your food bill only gone up 1.4%? That is what the BLS drones are telling you. Do you think the BLS drones are showing a 10% price increase when the corporate scum reduce the amount of food in their package from 10 ounces to 9 ounces and charge the same price?
- Cotton prices are up 18% in the last year, but the BLS is telling you that clothing prices only went up 0.8% in the last year. Another laughable lie.
- Has Obamacare resulted in lower or higher medical costs? How do the BLS drones take into account the insurance premium increases that are crushing middle class families. My annual medical costs are 20% higher than last year and I work for a large organization. The BLS boobs want you to believe that medical costs have only gone up by 2.8% in the last year. Anyone who lives in the real world knows that is a bold faced lie. They also want you to believe that medical costs account for only 5% of your budget.
The only costs in this country that are not rising are your wages. Corporate profits are at all-time highs. Goldman Sachs is rolling in dough and paying out record bonuses to their muppet rapers. Any critical thinking human being knows the government and the corporate media are using manipulated data and false storylines to mislead the sheep, while they continue the fleecing. Anyone living in the real world knows that John Williams’ inflation calculation is much closer to the truth than the drivel fed to the masses by the BLS and the oligarchs.
A day of reckoning is coming. The truth does matter. The criminals will pay for their crimes with their lives.