THIS MAKES NO SENSE

Submitted by Hardscrabble Farmer

Do people who call out sick go on unemployment? Is that really a thing?

Via ZeroHedge

White House, Fed Warn Omicron Might Have Serious Impact On January’s Jobs Number

Get ready for a sub-zero jobs print…

Brian Deese, a top economic advisor to President Biden and former “global head of sustainability” at BlackRock, became the latest Biden henchman to warn that omicron might have a larger than expected impact on January’s jobs numbers when he spoke to the press on Tuesday.

  • OMICRON EXPECTED TO IMPACT JAN. JOB NUMBERS: DEESE

Of course, Deese isn’t the first Biden lacky to start priming the public (and the markets) for another huge payrolls miss.

During yesterday’s White House press briefing, Biden Press Secretary Jen Psaki claimed because of the surge in people calling out sick during the first half of January (when the data were being collected), the influence of omicron might have substantially alerted the headline number, potentially even causing it to go negative. The US hasn’t had a negative monthly NFP jobs print since December 2020.

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THE WALL WAS TOO HIGH, AS YOU CAN SEE

Hey you, out there in the cold
Getting lonely, getting old
Can you feel me?
Hey you, standing in the aisles
With itchy feet and fading smiles
Can you feel me?
Hey you, don’t help them to bury the light
Don’t give in without a fight

Pink Floyd – Hey You

Fight Against the New World Order" Art Board Print by oliveribanez | Redbubble

I wrote an article in December 2012, a week after the Newtown school shooting, called Hey You. My interpretation of this classic Pink Floyd song was related to how our culture has created generations of alienated and isolated people, allowing Big Pharma to peddle their pharmaceutical concoctions to the masses as the “easy” solution to living “normally” in a profoundly abnormal society. My contention was these mass shootings by young men (Newtown, Columbine, Aurora, Virginia Tech, Tucson) were caused by the Big Pharma psychotropic drugs prescribed to all these young killers by sick industry peddlers (aka physicians).

The hugely profitable Big Pharma solution to alienation, isolation and depression is drugs that turn a percentage of those afflicted into psychotic killers. The article’s premise was how our techno-narcissistic society, encouraged and enabled by our totalitarian overlords through mind manipulation, drugs, public education indoctrination, and propaganda, has purposely created the alienation, isolation, and hopelessness to further their goals of power, control, and wealth.

Continue reading “THE WALL WAS TOO HIGH, AS YOU CAN SEE”

Is Administration’s Hope that Jobs Situation has Turned Around Realistic?

Guest Post by Joe Guzzardi

The October Bureau of Labor Statistics report showed that the economy boomed forward with a higher than anticipated 531,000 new jobs, a good sign for workers across the board. Wall Street analysts had predicted that 450,000 jobs would be added.

Private payrolls jumped 604,000 while the unemployment rate fell to 4.6 percent from 4.8 percent. BLS also revised up the total jobs for August and September by 235,000 in part because it recalculated seasonal factors. The economy registered its strongest growth in the leisure and hospitality sectors, 164,000, followed by manufacturing, 60,000, then transportation, 54,000, construction, 44,000, and healthcare, 37,000.

Continue reading “Is Administration’s Hope that Jobs Situation has Turned Around Realistic?”

After September’s Dismal BLS Report, Looking Ahead

Guest Post by Joe Guzzardi

For the second consecutive month, Wall Street analysts and media business forecasters badly missed the Bureau of Labor Statistic’s job creation total. Dow Jones projected 500,000 new jobs for September, a greater than 300,000 misfire after the true BLS number came in at 194,000. Television commentators were aghast at their second straight BLS whiff. August’s expected jobs creation total was predicted to be 720,000, which turned out to be a more inaccurate forecast than September’s when the so-called experts were off the mark by 485,000 jobs. In August, the economy created a mere 235,000 jobs.

Continue reading “After September’s Dismal BLS Report, Looking Ahead”

WTF: WHY IS THE FED LYING?

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A STRANGE GAME

“Those who make peaceful revolution impossible will make violent revolution inevitable.” ― John F. Kennedy

rune, oc, aes, purple, black, a strange game the only winning move is not to play | Purple aesthetic, Violet aesthetic, Dark aesthetic

“You never change things by fighting the existing reality. To change something, build a new model that makes the existing model obsolete.”Buckminster Fuller

The takeover of the country by an amalgamation of bad characters representing fascist corporatism, collectivism, billionaire oligarchs, social media tyrants, pandemic peddlers, and Deep State snake oil surveillance state salesmen has marked a turning point for the country. Battle lines are being drawn, a propaganda war is already being waged, enemies are preparing for conflict, rage is rising, and the country is headed towards some level of dissolution.

Events since the inception of the release of the China virus from the Wuhan bio-weapon lab, have been accelerating towards an epic struggle between those constituting the true power in the country and those they consider deplorable and undeserving of respect or a voice in how the country is governed. The shadowy figures behind the curtain of Bernays’ invisible government have revealed themselves and no longer fear the plebs they rule over, as their sociopathic hubris has convinced themselves they are invincible.

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BLS SAYS INFLATION IS 1.4%

Your friendly government drones at the BLS are telling you inflation over the last year is 1.4%. The charts below, based on actual prices, beg to differ. In addition, they say the owner’s equivalent rent is only up 2.2%, while the real prices for houses is up 14% over last year. Are Americans so obtuse they do not realize actual inflation is 5 to 10 times higher than their government is telling them it is? And the government uses this 1.4% bullshit number to increase senior citizen SS payments every year. The shit is so deep, you need to wear hip boots.

Oil

Heating Oil

Natural Gas

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CAN SOMEONE EXPLAIN THIS TO ME?

Lies, Lies & OMG More Lies – HoweStreet

I used to take the monthly bullshit pumped out by the BLS and line by line destroy their narrative. But, I got bored and no one cared. Nothing has changed. Today the BLS reported “better than expected” employment numbers according to the MSM talking heads. They said the economy added 1.8 million jobs in July and the unemployment rate fell to 10.2%. Yippee!!!!

As usual, when you actually go their site and look at the reported data, you realize this is a farce. Here’s a link to the data:

https://www.bls.gov/news.release/empsit.a.htm

Continue reading “CAN SOMEONE EXPLAIN THIS TO ME?”

DON’T TELL TRUMP OR HIS FANBOYS

FOURTH TURNING ACCELERATING TOWARDS CLIMAX

“At some point, America’s short-term Crisis psychology will catch up to the long-term post-Unraveling fundamentals. This might result in a Great Devaluation, a severe drop in the market price of most financial and real assets. This devaluation could be a short but horrific panic, a free-falling price in a market with no buyers. Or it could be a series of downward ratchets linked to political events that sequentially knock the supports out from under the residual popular trust in the system. As assets devalue, trust will further disintegrate, which will cause assets to devalue further, and so on. Every slide in asset prices, employment, and production will give every generation cause to grow more alarmed.” – Strauss & Howe – The Fourth Turning

Economists Predict Great Depression II for US Economy: Fast or V ...

I’ve been writing articles about the Fourth Turning for over a decade and nothing has happened since its tumultuous onset in 2008, with the global financial collapse, created by the Federal Reserve and their Wall Street co-conspirator owners, that has not followed along the path described by Strauss and Howe in their 1997 book – The Fourth Turning.

Like molten lava bursting forth from a long dormant (80 years) volcano, the core elements of this Fourth Turning continue to flow along channels of distress, long ago built by bad decisions, corrupt politicians and the greed of bankers. The molten ingredients of this Crisis have been the central drivers since 2008 and this second major eruption is flowing along the same route. The core elements are debt, civic decay, and global disorder, just as Strauss & Howe anticipated over two decades ago.

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2020 – YEAR OF LIVING DANGEROUSLY

“A shocking crime was committed on the unscrupulous initiative of few individuals, with the blessing of more, and amid the passive acquiescence of all.”

Tacitus, Publius Cornelius

Image result for 2020 crisis

The shocking crime being committed during this century under the unscrupulous initiative of a few evil men is ongoing and no longer hidden from those willing to open their eyes and see the truth. As conspiracy theorists have proven to be right through the sacrifice of Snowden, Assange, and other patriots for truth, the Deep State psychopaths have double downed and are blatantly flaunting their power and control over the levers of government, finance and media.

Never in the history of mankind have such devious, unscrupulous, arrogant, narcissistic and downright evil men seized hegemony over global finance, trade and politics. A minority of billionaire oligarchs and their highly compensated apparatchiks, ingrained in government bureaucracies, surveillance agencies and media outlets refuse to relinquish their dominance and would rather burn the world to the ground than lose their ill-gotten riches, un-Constitutional power and unlawful control.

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BLS Report Reflects Lower Average Wages: An Explanation

Guest Post by Joe Guzzardi

As the classic Johnny Mercer/ Harold Arlen tune goes, let’s “Ac-Cent-Tchu-Ate the Positive.” The White House adopted the advice of the popular 1944 song, along with “eliminate the negative,” and applied it to the October Bureau of Labor Statistics report. But, as is routinely the case, a sub rosa review of the BLS data is, official White House happy talk aside, more disconcerting given that in September the economy created a mere 136,000 jobs, well below the Wall Street prediction of 145,000.

Continue reading “BLS Report Reflects Lower Average Wages: An Explanation”

August BLS Report Omits Key Data Revealing Future Worker Challenges, including Immigration and Robotics

Guest Post by Joe Guzzardi

Shortly after the Bureau of Labor Statistics released its August report which showed that the economy had created a middling 130,000 new jobs, the White House issued an effusive statement.

Pointing to record low unemployment rates for black Americans, 5.5 percent, and for Hispanics, 4.2 percent, the White House report written by the Council of Economic Advisors boasted, “The Trump Administration’s pro-growth policies continue to move workers off the sidelines and develop an even more prosperous economy.

Continue reading “August BLS Report Omits Key Data Revealing Future Worker Challenges, including Immigration and Robotics”

DEMORALIZED, DEPRESSED, DETACHED & DEFIANT

Image result for occupy wall street hot girl

I’ve now been running The Burning Platform blog for over ten years. It’s been over eleven years since I wrote my first article – Why We Need Ron Paul – in May 2008 during the Republican primaries. I really thought I could change enough minds through my writing to influence voters and help wake up people to the truth about our deteriorating financial situation. I would send op-eds to my local paper, and they would publish them. My articles on Seeking Alpha in 2008/2009 were the most read and commented on their site.

My assessment of the Wall Street banks, coming financial crisis and recession were accurate enough that I was being sought out by Glenn Beck on CNN, Neal Cavuto on Fox, and Maria Bartiromo on CNBC to be interviewed on their shows. I didn’t want that kind of attention, since it would likely have negatively impacted my day job – which actually supported my family.

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U.S. created 500,000 fewer jobs since 2018 than previously reported, new figures show

So, in reality, the number of jobs reported in the last year were 20% LOWER than what was reported monthly. I don’t know about you, but if my numbers were off by 20% in reporting to my superiors, I’d be fired. But, these government drones reporting propaganda to the masses are promoted. CNBC won’t be reporting this massive negative revision. It doesn’t fit the narrative. There will be no tweets by the Orange Man about this revision. Do you find it interesting the revision is always negative? So it goes.

Via Marketwatch

Turns out hiring wasn’t nearly as strong in 2018 and early 2019 as the government initially reported — by about a half-million jobs.

The U.S. economy had about 501,000 fewer jobs as of March 2019 than the Bureau of Labor Statistics initially calculated in its survey of business establishments. That’s the largest revision since the waning stages of the Great Recession in 2009.

Continue reading “U.S. created 500,000 fewer jobs since 2018 than previously reported, new figures show”

FOURTH TURNING ECONOMICS (PART TWO)

In Part One of this article I laid out the unsustainable economic conditions which will drive the next phase of this Fourth Turnings and detailed the economic factors which drove the previous three American Fourth Turnings.

Image result for fourth turning crisis

Strauss and Howe, when writing The Fourth Turning in 1997, did not know the exact circumstances and events which would propel the next Turning. But their study of economic and demographic trends along with the attitudes of generations and historical precedents in prior Fourth Turnings, led them to conclude the driving factors of this Crisis would be debt, global disorder and civic decay.

As I watch what is currently happening in this country and around the world, it is evident to me they nailed it. The volcanic eruption in 2008 unleashed a torrent of molten lava, which continues to flow along channels of distress, but is currently threatening to burst free of these channels and wreak worldwide financial and physical devastation. A multitude of possibilities described by Strauss and Howe below are already happening or will happen in the next few years.

Continue reading “FOURTH TURNING ECONOMICS (PART TWO)”