Bureau of Labor Statistics Releases Latest Fib, Facebook Insiders and Fat Cats Getting Fatter
Wow. The parade of lies continues. I am in awe. So the question becomes...will people believe headlines like this: http://finance.yahoo.com/news/unemployment-rate-hits-8-3-133203262.html This morning the BLS reported it's gerrymandered numbers but failed to mention that a WHOPPING 1.2 million people dropped out of the labor force. An all time high for ONE month. Ignoring the 5 million people who have quit looking for jobs allows the BLS to state that the unemployment rate has dropped to 8.3%. Gold in a big sell off because happy days are here! Simply stated, if you have run out of unemployment benefits, or never qualified for them to begin with, you are simply not counted. Therefore, the higher the number of uncounted people is- the lower the drop in unemployment. Or will people believe this? http://www.zerohedge.com/news/implied-unemployment-rate-rises-115-spread-propaganda-number-surges-30-year-high Perception shapes opinion and reality. It doesn't have to be true- it...