The Israel Deception

Is the return of Israel in the 20th century truly a work of God, or is it a result of a cosmic chess move to deceive the elect by the adversary?

Showing posts with label government reports. Show all posts
Showing posts with label government reports. Show all posts

Tuesday, May 1, 2012

Housing trend: More people renting homes today than a decade ago

There is one underlying fact about housing data, and that is the reporting is done by those with a specific agenda.  When two analysts read the same data, and come up with entirely different conclusions, then either no prediction is possible, or one of those two analysts must work for the government.

With this being said, the truth is, housing prices and opportunities for Americans is not improving, but in fact, is decreasing.  A new chart shows that more people are renting rather than owning homes in 2012 than they did just a decade ago, and before the bursting of the housing bubble.



Less than two thirds of Americans say they own their own homes - the lowest rate of home ownership in more than a decade.

A new Gallup poll shows just 62 per cent of Americans are homeowners, down 11 percentage points from the high of 73 per cent in 2007, just before the housing market crashed spectacularly.

A record number of Americans, 43 per cent, also say their homes are now worth less than what they paid for them.

The new data, based on a survey of 1,000 people, shows that housing market continues to plummet, despite modest economic recovery and improvements in the unemployment rate.

The home ownership rate reported by Gallup dropped six percentage points from this time last year. The numbers were the lowest in the history of the survey, which Gallup began taking in 2001. - Daily Mail


Unfortunately, the Federal Reserve and the Treasury place too much stock in home ownership, consumer spending, and the stock markets rather than focus on actual production, job growth, and exports.  The economy will continue to decline because the American people have not recovered from the failures of the banks in 2008, and housing will be a dream left in the past unless fundamental changes are made which clear out the debts of this recession.  Without this deleveraging of debts, the system cannot provide Americans the chance to own a home for years to come.

Thursday, March 8, 2012

Unemployment benefit claims rise as job creation remains a government myth

It is easy to make statistics dance to whatever tune you desire when you control the data and how it is presented.  Ie... the fall in the unemployment rate to 8.3% when you fail to include all the people who are actually out of work.

But what cannot be manipulated is how many Americans apply for unemployment benefits, and for the third consecutive week, that number has beaten analyst expectations, and is the longest contiuous stretch since last year.

Initial claims printed +362K, missing consensus of +352K, and up from a upward revised, (of course) 354K. As a reminder, last week's print was expected to be 355K, instead coming at 351K spiking the market far higher. Needless to say, the response would have been far more muted had the number come at its true final print of virtually on top of expectations, but who cares anymore - everyone appears to enjoy lying and being lied to. That this miss comes ahead of a critical NFP print will likely have some scratching their heads especially since this is the first time we have seen three consecutive weeks of rises since August 2010. - Zerohedge

As a former Soviet dictator once said, it is not about who gets to vote, but who gets to COUNT the votes that matters.  So too is the ability of government agencies to obscure the unemployment through false reports, even when they contridict the ones they cannot manipulate.