THE JOBS BIG LIE IS STARTING TO BECOME AN EMBARASSMENT TO THE FED...
THE JOBS NUMBER IS ALWAYS UP...NO MATTER HOW BAD THINGS ARE IN THE REAL ECONOMY... THIS IS THE "BIG LIE" THAT I'VE MENTIONED HERE REPEATEDLY...
I SUGGESTED THAT THE BLM JIGGER THEIR FUDGE FACTORS TO HELP WALL STREET GET ITS BELOVED RATE CUT IN DECEMBER...BUT NOW THAT WON'T BE NECESSARY!
THE STREET AND THE FED HAVE SIMPLY DECIDED TO IGNORE THE COMING JOBS NUMBER...AND CUT RATES ANYWAY...
MOST PEOPLE IN THE REAL ECONOMY ARE SUFFERING MIGHTILY...AS THE BANKRUPTCY AND FORECLOSE NUMBERS SHOW.
EVEN AS THE EXCESSES IN THE "BUBBLE MAKING" PAPER ECONOMY ARE AGONIZED OVER BY THE FED AND WASHINGTON...
THE REAL ECONOMY IS PUNK... THE FINANCIAL ECONOMY IS BLOATED WITH BAD PAPER...
THE FED WILL BAIL OUT THE FINANCIAL ECONOMY...NO MATTER WHAT... THE THEORY BEING THAT IT WOULD BE A DISASTER IF ....BOTH...THE REAL AND THE FINANCIAL "PAPER" ECONOMY WERE IN THE TANK AT THE SAME TIME...
SIMPLY PUT....THE US HAS BEEN LIVING OFF IT'S "BUBBLE MONEY ECONOMY" FOR A LONG TIME...ALL TO THE DETRIMENT OF THE "REAL ECONOMY".
...AND THAT SAD ANOMALY MUST BE SUPPORTED AT ALL COSTS...OR THE CONSEQUENCES WILL BE TRULY CATASTROPHIC...!
