KNOW YOUR ENEMY

I would credit the Democrat Party with the majority of the responsibility for destroying the country, but the GOP RINOs have contributed greatly by doing nothing to reverse or fight the policies, laws and regulations installed by the Democrats. The Romneys, Ryans, McConnells, and rest of the spineless pussies in the GOP are as much to blame as anyone. Everyone in DC is a money whore controlled by the Deep State. Voting will solve nothing. The government is your enemy.

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“They Just Don’t Want A Job” – The Fed’s Grotesque “Explanation” Why 94.6 Million Are Out Of The Labor Force

KNOW YOUR ENEMY

 

Tyler Durden's picture

In a note seeking to “explain” why the US labor participation rate just crashed to a nearly 40 year low earlier today as another half a million Americans decided to exit the labor force bringing the total to 94.6 million people…

this is what the Atlanta Fed has to say about the most dramatic aberration to the US labor force in history: “Generally speaking, people in the 25–54 age group are the most likely to participate in the labor market. These so-called prime-age individuals are less likely to be making retirement decisions than older individuals and less likely to be enrolled in schooling or training than younger individuals.

This is actually spot on; it is also the only thing the Atlanta Fed does get right in its entire taxpayer-funded “analysis.”

However, as the chart below shows, when it comes to participation rates within the age cohort, while the 25-54 group should be stable and/or rising to indicate economic strength while the 55-69 participation rate dropping due to so-called accelerated retirement of baby booners, we see precisely the opposite. The Fed, to its credit, admits this: “participation among the prime-age group declined considerably between 2008 and 2013.”

Continue reading ““They Just Don’t Want A Job” – The Fed’s Grotesque “Explanation” Why 94.6 Million Are Out Of The Labor Force”

POLICE SHOOT OLD MAN REACHING FOR HIS CANE

Cop Shoots 70-year-old Man Reaching for Walking Stick

A police officer from Columbia, South Carolina is under investigation for shooting a 70-year-old motorist after he mistook the man’s cane for a rifle during a routine traffic stop, AP reported. [3]

Bobby Canipe of North Carolina was pulled over by 24-year-old Deputy Terrence Knox for an expired license tag.  When Canipe got out of the pickup truck to reach into the bed for his walking stick, Knox fired several times hitting the man once, under the mistaken belief the walking stick was a long-barreled rifle.

York County sheriff spokesperson, Trent Farris, appeared to defend the officer’s actions:

“The situation is very unfortunate,” Faris said.  “It does appear, at this time, that Deputy Knox’s actions were an appropriate response to what he reasonably believed to be an imminent threat to his life.”

The incident is currently under investigation and Knox, a deputy for almost three years, has been placed on leave. No charges have been filed yet.

The victim was taken to a hospital in Charlotte North Carolina where he is expected to survive.