The real question is who has been directing the BLS to report fraudulent numbers? Is it directly from the White House or is it some left wing bureaucrat desperately trying to obfuscate how bad Bidenomics has been for America?
Holy $#!*…
The quarterly census of employment and wages shows a DROP of 192k private sector jobs in Q3 last year after BLS said nonfarm payrolls rose 640k over that same time! Note that unlike the monthly job estimates, the quarterly census covers more than 95% of US jobs: pic.twitter.com/06Y0ePVQrF— E.J. Antoni, Ph.D. (@RealEJAntoni) April 24, 2024
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It is my sincere desire to provide readers of this site with the best unbiased information available, and a forum where it can be discussed openly, as our Founders intended. But it is not easy nor inexpensive to do so, especially when those who wish to prevent us from making the truth known, attack us without mercy on all fronts on a daily basis. So each time you visit the site, I would ask that you consider the value that you receive and have received from The Burning Platform and the community of which you are a vital part. I can't do it all alone, and I need your help and support to keep it alive. Please consider contributing an amount commensurate to the value that you receive from this site and community, or even by becoming a sustaining supporter through periodic contributions. [Burning Platform LLC - PO Box 1520 Kulpsville, PA 19443] or Paypal
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Use promo code ILMF2, and save up to 66% on all MyPillow purchases. (The Burning Platform benefits when you use this promo code.)
Simple mistake anyone could have made. Let’s not get all conspiratorial around here. Alternative theory: The Jews.
My youngest used a term yesterday I had not heard before but I immediately fell in love with it. It describes Biden and all the Low IQ minority Mayors, Joint Chiefs, Agency Directors, DEI hires in general: Weaponized Incompetence.
Peter Schiff has been reporting on this for a long while now. The numbers are revised downward almost every month. It’s like the guberment is propagating the masses.
The first numbers are always lies trumpeted by the government and it’s lapdog media. The real numbers are always the adjusted numbers and released very quietly.
Wait til you see the first revisions after the election: “Oops, unemployment is 9%, Inflation is 9% and 9% of your kids are trans. It’s the 9-9-9 plan. We got it from Herman Cain.”
The Black Swan Rears Its Head: The Fed Has Negative Capital Using GAAP Accounting
For the First Time in History, the Fed Is Reporting Billions in Losses Weekly; It’s Still Paying High Interest Income to the Mega Banks on Wall Street
The Banks: “Unrealized Losses” in Q4, Securities Held by Banks, Bank Failures, and the Dropping Bank Count
https://wolfstreet.com/2024/03/10/the-banks-unrealized-losses-securities-held-by-banks-
U.S. Money Supply Is Doing Something It Hasn’t Done in 90 Years, and It May Signal a Big Move for Stocks
https://www.fool.com/investing/2023/04/30/money-supply-90-years-signal-big-move-for-stocks/
The Money Supply Fell for the Fifteenth Month in a Row as Full-Time Jobs Disappear
https://mises.org/mises-wire/money-supply-fell-fifteenth-month-row-full-time-jobs-disappear
Money Supply Huge Dropoff 1870 to 2021 [note 1933 and 2021 ]
https://pbs.twimg.com/media/Fqt8XuvWYAYC_c8?format=jpg&name=small
Give us two months to revise the numbers curve.
Its all lies now……………absolutely everything.
All three months of the 4th quarter were cut in half by revisions. Largest gaps ever. The last pool of money is cash deposits, CD’s and Money Markets held by the big banks. The FED may have to borrow that because Dementia Joe and Cloward-Piven are spending almost twice revenue, in perpetuity if they can. But they can’t.
Yep…………….more reasons to get every penny you got out of the system.
I go by the Austrian School idea of flucht in die sachwerte, the escape or flight to things of value. Supplies, materials, useful collectibles, fuel, tools, Gold and Silver. Might as well keep stocks you think can survive in companies with institutional memory about previous crashes. Fiat will go pffft but many companies will come out on the other side, God willing.
I’m shocked! Just shocked, I tell ya!
I’m feelin’ yer pain. lady!