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 recovery. Show all posts
Showing posts with label recovery. Show all posts

Monday, May 16, 2016

U.S. economy growing itself right back into the Great Depression

When you watch the mainstream media, business news, or any national politicians, they inevitably use certain keywords over and over in an attempt to try to ‘frame’ the economy to their desired outcome.  For years we heard the word ‘recovery’ used by the Fed, President Obama, and CNBC to justify the central bank’s instituting of zero interest rates and quantitative easing, while at the same time Washington used this narrative to continue massive deficits to feed their insatiable spending.
But along with the term recovery, another over-used financial term is that of growth.  And since our entire economy is now based on debt and the interventions of central bank money infusions, an interesting dichotomy is occurring that finally shows exactly where this growth is taking us.
Right back to the Great Depression.
Read more on this article here...

Thursday, March 31, 2016

Q1 GDP estimates throw Yellen’s plan for future rate hikes in the crapper

On March 29, Fed Chairman Janet Yellen spoke at the Economic Club of New York to give a little more insight to the central bank’s future plans for monetary policy.  And in what was a mish-mash of contradictory points provided by the Fed Chair, where in one instance she praised the economy as being good while shortly after called for caution due to uncertainty in that same economy, it appears that data announced from the Atlanta Fed on Monday has invariably thrown all future rate hike possibilities in the crapper.
the Atlanta Fed will have no choice but to revise its Q1 “nowcast” to 1.0% or even lower,which would make the first quarter the lowest quarter since the “polar vortex” impacted Q1 of 2015, and the third worst GDP quarter since Q4 2012. It means one-third of already low Q1 GDP growth has just been wiped away.”
It was “even lower.”
Moments ago the Atlanta Fed which models concurrent GDP, slashed its Q1 GDP from 1.4% (and 1.9% last week) to a number not even we expected: a paltry 0.6%, which would match the “polar vortexed” GDP print from Q1 2015.
Should the number drop even more, will be the lowest since Q1 of 2014 when the US economy suffered its most recent contraction of nearly -1%. - Zerohedge
Read more on this article here...

Saturday, February 6, 2016

Foreign bartender hires take unemployment rate below 5%

As usual, today’s new job report from the Bureau of Labor Statistics isn’t what it seems, and proves once again that government reporting is simply a political tool for the state’s benefit rather than as a true barometer of the economy.  And all one simply has to do is look at how the Feb. 5 number came in far below analyst projections, yet the unemployment rate fell below 5% and to its lowest level in eight years.
And following a trend that started in 2009, and which has continued on the same path for the past six years, the vast majority of jobs created are low paying and part time service sector ones, with more given to foreign workers, both legal and illegal, than to American citizens.
foreign born workers 2
Read more on this article here...

Wednesday, January 6, 2016

Fed publishes drastic fall in GDP forecasts, setting the stage for less than 2% growth for 2015

Recovery!  The mantra of the Federal Reserve and mainstream pundits parroting the party line.  But it appears that like poll numbers given prior to Presidential elections, when all the votes are counted, what was forecast for months leading up to the end of a cycle was much different than the actual outcome.
For most of 2015 the Fed and big bank analysts predicted an annual GDP growth rate between 2.5 - 3%.  But a new report published on Jan. 4 by the Atlanta Fed shows that not only is GDP growth looking to be below 2% for last year, but it will be as much as six bps below the dreadful number that ended 2014.

Read more on this article here...

Tuesday, January 5, 2016

Fed publishes drastic fall in GDP forecasts, setting the stage for less than 2% growth for 2015

Recovery!  The mantra of the Federal Reserve and mainstream pundits parroting the party line.  But it appears that like poll numbers given prior to Presidential elections, when all the votes are counted, what was forecast for months leading up to the end of a cycle was much different than the actual outcome.
For most of 2015 the Fed and big bank analysts predicted an annual GDP growth rate between 2.5 - 3%.  But a new report published on Jan. 4 by the Atlanta Fed shows that not only is GDP growth looking to be below 2% for last year, but it will be as much as six bps below the dreadful number that ended 2014.

Read more on this article here...

Sunday, December 27, 2015

Democratic Presidential candidate Bernie Sanders channels his inner Ron Paul

Former Congressman and Presidential candidate Ron Paul was known primarily for his movement within the financial and political realms, and it involved a crusade to both audit and end the Federal Reserve bank.  And while his tireless efforts led to a miniscule audit of the private central bank which revealed how it had bailed out domestic and foreign banks, as well as many multi-national corporations, the end result accomplished little as his retirement signaled the end of the war on the Fed.
Or has it?
On Dec. 23, Senator and Democratic Presidential candidate Bernie Sanders wrote an op-ed in the New York Times picking up Ron Paul’s mantle and channeling his own crusade to bring about a full and independent audit of the 100 year old central bank.

Read more on this article here...

Wednesday, October 14, 2015

Xi Jinping’s economy beats Obama’s economy in helping the middle class

Politicians always like to use words like ‘middle class’ and ‘helping working families’ to win elections, and try to deceive voters on what their true agendas really are.  And while U.S. President Barack Obama has tried to take credit for how he saved the economy and brought America back from the brink of the 2008 credit crisis, the fact of the matter is he has destroyed the middle class, and has dropped prosperity levels for tens of millions of Americans down to levels not seen in 50 years.
But in an ironic turn of the coin, one formerly pure Communist country has done just the opposite, and on Oct. 14 a new report from Credit Suisse shows that the Far Eastern powerhouse now has more of their people moving into the Middle Class than the U.S. does.

Read more on this article here...

Wednesday, September 16, 2015

As the Fed weighs the merits of raising interest rates, poverty in America now at record levels

With a former tech giant announcing yesterday that they are laying off another 30,000 skilled workers, the writing is on the wall for just how much the economy has really recovered since 2008 under the great Fed experiment.  And while the central bank sits right now in a closed door meeting one day before they are to announce their most important policy direction in over five years, the fact of the matter is that whether they do or don’t raise rates will be a meaningless gesture to the over 46 million Americans who have not seen a drop of the vast trillions which have been poured into the economy over the past seven years, and who are a part of a record number of Americans living in poverty.
In addition to new poverty numbers released today by the Census Bureau, the median income for American households has also fallen back to levels not seen since 1989, when interest rates back then were above 10%, and the ability to afford a home and education were much more easily accessible.

Read more on this article here...

Sunday, September 13, 2015

The last weekend before the Fed makes their most important decision of the last five years

It is now less than six days before the Fed will announce perhaps its most important decision of the last five years… whether to raise interest rates or keep rates where they are.  And while analysts have been making predictions on this potentially game changing event, very few actually know what the results will be because whichever choice is made will have detrimental consequences for the economy.
What has really been the catalyst for the divergence in the Fed simply jawboning that they will raise rates for nearly a year is the fact that nearly all economic data points have been either manipulated or reported as outright lies which have skewed the belief that the economy is in recovery and strong enough to stand on its own if interest rates began to rise.  And for all the propaganda behind consumer spending, unemployment, gdp, and corporate earnings being ‘very good’ as the wombats on CNBC promote each and every day, the U.S. central bank has to know the truth behind all of these ponzi schemes and it makes acting in accordance to their own rhetoric very difficult when the reality of the data is both in opposition to their words, and in some cases even worse than before 2008.

Read more on this article here...

Friday, September 4, 2015

The economy is so great that the common man can’t afford to live in his own city anymore

As the stock market today continues to show breakdowns all across Wall Street, Main Street has been in a continuous decline since the Credit Crash of 2008.  And although the fake unemployment numbers that are reported by the government are painted to be around 5.3%, the sad reality in this new waiter vs. manufacturing ‘recovery’ is that thanks to inflated prices in the housing and rental markets, the average American can no longer afford to live in even the most inexpensive of cities.
Low-income workers and their families do not earn enough to live in even the least expensive metropolitan American communities, according to a new analysis of families’ living costs published Wednesday.
The analysis, released by the left-leaning Economic Policy Institute, is an annual update of the think tank’s Family Budget Calculator that reflects new 2014 data. The Family Budget Calculator is a formula designed to determine the income “required for families to attain a secure yet modest standard of living” in 618 different communities across the country that the U.S. Census Bureau defines as metropolitan areas. The formula uses data collected by the government and some nonprofit groups to measure costs of housing, food, child care, transportation, health care, “other necessities” like clothing, and taxes for families of 10 different compositions in these specific locales. - Huffington Post



Read more on this article here... 

Tuesday, April 17, 2012

Investment Research firm shows that todays government reports are worthless

Charles Biderman of the Investment Research firm TrimTabs created a blog video on April 16th in which he shows how government reports from the BLS (Bureau of Labor Statistics) are worthless to investors and the markets, and that the mainstream media is ignorant in how they try to portray these manipulated reports as a sign of a recovering economy.




In today's markets, we will take a line from the computer gaming world to describe reports, recovery, and government propaganda in economic data.

All of your money R belong to us!

Tuesday, February 28, 2012

Housing recovery in full swing (not) as home prices decline for 8th month in a row

Shovel ready housing recovery?  Not quite, as the latest Case-Shiller report out for January shows home prices declining for the 8th month in a row, and are only expected to continue falling as new rounds of foreclosures hit the market after the Attorney General deal.

The December Case Shiller came, saw, and shut up all those who keep calling for a home price recovery. The Index printed at 136.71 on expectations of 137.11, with the prior revised to 138.24. The top 20 City composite was down -0.5% on expectations of a 0.35% drop. 18 out of 20 MSAs saw monthly declines in December over November, with just the worst of the worst - Miami and Phoenix - posting a dead cat bounce, rising 0.2% and 0.8% respectively. And granted the data is delayed, but the fact that we have now had 8 consecutive months of home price declines even with mortgage rates persistently at record lows, and the double dip in housing more than obvious, can we finally shut up about a housing bottom? Because as Case Shiller's David Blitzer says: "If anything it looks like we might have reentered a period of decline as we begin 2012.” - Zerohedge

Not the best news for President Obama as his 3 year promise to get the economy out of recession has failed, and his prediction of a one-term Presidentcy looms on the horizon.

Tuesday, February 7, 2012

Watch Bernanke Live speaking to the Senate and lying about recovery with a straight face

Fed Chairman Ben Bernanke will testify before the Senate today, and try once again to indoctrinate the public and our elected leaders that he actually knows what he's doing, and that his polices are helping to create economic recovery... even though its been four long years with nothing to show for it but more debt.

Click below to watch his testimony.

Ben Bernanke Debates Economic Policy with Senators