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Post by The Great Aztec Joe on Sept 30, 2010 8:22:36 GMT -8
All the fake positive news did not rally the Market today.
Did you see today's headlines? Typical Government News Releases. GDP was up more than expected.(Even though it is totally a product of government spending.) Unemployment Insurance claims were Way Down (Even though they are still running at two million a month.)
Finally the market is selling off in accordance with reality. There are no new jobs. More and more people are aware that the government numbers are total horseshit.. All you have to do is look at the Food Stamp program to get a valid estimate of where the economy has been going.
When they start "Seasonally Adjusting" the numbers of people who are on Food Stamps, make an effort to get the actual numbers, and you will know the truth.
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Post by The Great Aztec Joe on Sept 30, 2010 8:26:16 GMT -8
When it comes to accepting the Government propaganda as valid, look at how the Work Force, that should be expanding by a quarter million a month, keeps shrinking and shrinking and shrinking!
If you can shrink the Unemployed Work Force, you can then claim that Unemployment is going down, or, at least holding steady.
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