Tag Archives: economy

The Fed Theory of Full Hoax Employment

07 Friday May 2021

Posted by in News and Notes

≈ Comments Off on The Fed Theory of Full Hoax Employment

Tags

, , ,

This new revelation of fakery is riddled with admissions that the Fed-driven markets and system are fully delinked from reality.

Hiring was a huge letdown in April, with nonfarm payrolls increasing by a much less than expected 266,000 and the unemployment rate rose to 6.1% amid an escalating shortage of available workers.

Dow Jones estimates had been for 1 million new jobs and an unemployment rate of 5.8%.

Many economists had been expecting an even higher jobs number amid signs that the U.S. economy was roaring back to life.

There was more bad news: March’s originally estimated total of 916,000 was revised down to 770,000, though February saw an upward revision to 536,000 from 468,000.

The wheels on the hoax go round and round…

Perfectly Safe

25 Thursday Feb 2021

Posted by in Legal/Political Columns

≈ Comments Off on Perfectly Safe

Tags

, , ,

Your digital dollars will be in good hands, trust me. The banksters can’t even secure their own fiat funds line.

The US Federal Reserve announced Wednesday it is investigating a disruption to services including Fedwire, which facilitates trillions of dollars in wire transfers between institutions every day.

According to updates from the Federal Reserve, the massive disruption to services was caused by an “operational error”.

“We acknowledge that payment deadlines are impacted and will communicate remediation efforts to our customers when available. Thank you for your patience while we work to resolve the issue,” the institution said in an update on the situation.

As of 2.30pm Eastern Time Wednesday, almost all services – including Fedwire and FedACH, which allow numerous banks to transfer and receive billions in funds – were down, but several have since been restored.

You know if they’re announcing this little tidbit, then the real situation is much worse. A flip of a switch and “your” “money” will be gone – forever.

MAXIMUM SACRIFICE!

19 Friday Feb 2021

Posted by in Legal/Political Columns

≈ Comments Off on MAXIMUM SACRIFICE!

Tags

, , , ,

Jay Powell, the economic diarrhea of the mouth that just keeps on running, calls for nebulous sacrifice.

Last week, Federal Reserve Chairman Jerome Powell called for a “society-wide” commitment to reaching full employment. As Peter Schiff put it, Powell basically handed the US government a blank check in order to achieve this “maximum employment goal.”

We’re told we shouldn’t even worry about the massive deficit spending and additional debt this will incur. It’s all hands on deck and everybody needs to sacrifice. But what exactly does the Fed mean by “maximum employment?” What are we to sacrifice for?

…

Of course, anytime someone refers to the wartime era as an economic model, we must also consider that higher taxes, tariffs, subsidies, grants, loan programs and even make-work programs will soon follow.

…

Taxes, loans, etc. How about halting all immigration, kicking out the invaders, bringing real jobs back, canceling debts, going back to real money, and ending the trade deficits? Oops, sorry…

We’ve heard this before, recently. In late November, prompted by similar idiocy, I asked what the government was willing to sacrifice. We know now: the people and the nation. But I have a great idea! I, for one, am more than willing to forever give up the central bank and the federal government! How’s that for starters, Jay?

Cult of Free: The House Always Wins

05 Friday Feb 2021

Posted by in News and Notes

≈ Comments Off on Cult of Free: The House Always Wins

Tags

, , , ,

Here’s another reason to shun sites, programs, and services that do not charge a retail fee for usage. Ann Barnhardt explains how the aptly-named Robinhood makes money – by selling individual trader information to the mega-funds so those funds can front-run the little people. Listen to the whole program for tip after tip about the hoax and sham of the economic casino. One question she asks is if the “nerds” of Gamestop infamy and all others from buying but not selling, in order to force the nerds to sell, then who, given the general buying ban, was on the other side of the forced orders? We all know even without knowing.

Office Space, Not the Movie

01 Monday Feb 2021

Posted by in News and Notes

≈ Comments Off on Office Space, Not the Movie

Tags

, , ,

NYC is vacant.

With workers stuck at home, the office availability rate rose to 14.9% in January, the highest in data going back to 2000, according to a report by Colliers International.

Leasing fell by nearly 47% from the same period last year. That came even as asking rents dipped for the seventh straight month to $73.65 a square foot on average, the lowest in almost three years.

I read somewhere else that something like 80% of NYC office workers still works at home remotely while waiting on the new normal to revert or something. How much longer can this on before the companies admit they’re not reopening? Or, if they go back, slowly, how does that affect the overall RE economy? Is this all dependent on “stimulus” from the government that created the hoax in the first place?

So many questions and no answers. On the other, half-full hand, I suppose I could cheaply move the blog to New York, say to half of the WTC. No.

He Would Know

19 Thursday Nov 2020

Posted by in Legal/Political Columns

≈ Comments Off on He Would Know

Tags

, , ,

The Maestro (he’s still alive) speaks, in re the “pandemic.”

The incoming administration of President-elect Joe Biden has its work cut out for it, and getting the virus under control should be the number one priority, according to former Federal Reserve Chairman Alan Greenspan, a move that will help save the economy.

“I’ve never seen a particular situation during my professional experience anything like this,” the 94-year-old Greenspan told CNN’s Julia Chatterley on her show First Move on Thursday.

Although he wasn’t working in finance when he was a boy, he lived through the Great Depression.

In his defense, at 94 the man is probably a little out of touch. But, he certainly helped move us into this dire situation that has nothing to do with fake pandemics or fake presidents. The subtle admission that this is a greater depression is a nice touch.

Megatons of Flesh Usury

17 Saturday Oct 2020

Posted by in Legal/Political Columns

≈ Comments Off on Megatons of Flesh Usury

Tags

, , , ,

This story about average Amerikan debt loads makes a pound sound like a bargain.

While the average American has $90,460 in debt, this includes all types of consumer debt products, from credit cards to personal loans, mortgages and student debt.

Knowing these trends is important. Along with staying informed about financial planning, reading advice about saving for retirement and learning credit card basics — knowing where you stand can help you decide where to go next on your financial journey.

Here’s the average debt balances by age group:

Gen Z (ages 18 to 23): $9,593
Millennials (ages 24 to 39): $78,396
Gen X (ages 40 to 55): $135,841
Baby boomers (ages 56 to 74): $96,984
Silent generation (ages 75 and above): $40,925

Math time! Let’s deduct 60 million souls from the 330 million folks in the US – to dismiss any Greatest, under-18 Zs, and Post-Zs among us.

$90.460 x 270,000,000 = $24,424,200,000,000 outstanding usury. That’s in the “personal debt” ballpark figure ($20 Tr+) estimated by Ye Old Debt Clock. Either way, think of that as the value being sucked out of ownership and productivity, with all of the vampirism based on fraud and lies. Or, terminating these sinful fake loans would result in an immediate boost to the real economy greater than a standard year’s GDP.

J.U.B.I.L.E.E.

 

Fools Bowing Down

08 Monday Jun 2020

Posted by in Legal/Political Columns

≈ Comments Off on Fools Bowing Down

Tags

, , , , ,

Remember how you were prohibited from going to church and bending a knee before God for months? Yeah, so now, the morons in DC have no problem kneeling to their god of dysfunctional diversity hoaxism.

House Speaker Nancy Pelosi and Senate minority leader Chuck Schumer were joined by two dozen lawmakers in Congress’ Emancipation Hall — named in honor of the slaves who helped erect the US Capitol in the 18th century.

They knelt for eight minutes and 46 seconds to mark the length of time a white police officer pinned his knee on the neck of the 46-year-old Floyd, whose death in Minneapolis May 25 unleashed mass protests against racial injustice.

Instead of meddling and shilling with the JPA, maybe they could just kneel for 117 years, without food or water, to mark how long their money masters have had their knees on all of our necks.

In related news, the US is (surprise, surprise!) officially in a recession.