Monday, April 07, 2014

Unemployment And Low Wage Employment In America : Another Fraudulent Jobs Report

Obama, corporate MSM mega-lie machine churning out bogus bullshit in high gear

GLOBAL RESEARCH
By Dr. Paul Craig Roberts
04/06/2014

The March payroll jobs report released April 4 claims 192,000 new private sector jobs. Here is what John Williams has to say about the claim: 
 
 
“The Bureau of Labor Statistics (BLS) deliberately publishes its seasonally-adjusted historical payroll-employment and household-survey (unemployment) data so that the numbers are neither consistent nor comparable with current headline reporting. The upside revisions to the January and February monthly jobs gains, and the relatively strong March payroll showing, reflected nothing more than concealed, favorable shifts in underlying seasonal factors, hidden by the lack of consistent BLS reporting. 
 
 
 In like manner, consistent month-to-month changes in the unemployment rate or labor force simply are not knowable, because the BLS cloaks the consistent and comparable numbers.”

Here is what Dave Kranzler has to say:

“the employment report is probably the most deceptively fraudulent report produced by the Government.” 
 
 
As I have pointed out for a decade, the “New Economy” jobs that we were promised in exchange for our manufacturing jobs and tradable professional service jobs that were offshored have never shown up. 
 
The transnational corporations and their hired shills among economists lied to us. 
 
 
Not even a jobs report as deceptive and fraudulent as the BLS payroll jobs report can hide the fact that Congress, the White House, and the American people have sat sucking their thumbs while corporations maximized profits for the one percent at the expense of everyone else in the United States.

Let’s look at where the alleged jobs are. The BLS jobs report says that 28,400 jobs were created in March in wholesale and retail sales. March is the month that Macy’s, Sears, JC Penny, Staples, Radio Shack, Office Depot, and other retailers announced combined closings of several thousand stores, but more retail clerks were hired.
 
 
The BLS payroll jobs report claims 57,000 jobs in “professional and business services.” Are these jobs for lawyers, accountants, architects, engineers, and managers? No. The combined new jobs for these middle class professional skills totaled 10,400. Employment services accounted for 42,000 of the jobs in “professional and business services” of which temporary help accounted for 28,500.


“Education and health services” accounted for 34,000 jobs or which ambulatory and home health care services accounted for 28,000 of the jobs.

The other old standby, waitresses and bartenders, accounted for 30,400 jobs. The number of Americans dependent on food stamps who cannot afford to go out to eat or to purchase a six-pack of beer has almost doubled, but the demand for restaurant meals and bar drinks keeps rising.
 
 
 

There you have it. This is America’s “New Economy.” It the jobs exist at all, they consist of lowly paid, largely part-time employment that fails to produce enough income to prevent the food stamp rolls from doubling.

Without growth in consumer income, there is no growth in aggregate consumer demand. Offshoring jobs also offshores the income associated with the jobs, resulting in the decline in the domestic consumer market. The US transnational corporations, pursuing profits in the short-run, are destroying their long-run consumer base. The transnational corporations are also destroying the outlook for US universities, as it makes no sense to incur large student loan debt when job prospects are poor. The corporations are also destroying US leadership in innovation as US corporations increasingly become marketeers of foreign-made goods and services. 
 
 
As I predicted in 2004, the US will have a third world work force in 20 years.

The unemployment figures are as deceptive as the employment figures. 
 
 
The headline unemployment rate of 6.7% does not include discouraged workers. When discouraged workers are included among the unemployed, the US rate of unemployment is 3.4 times higher than the announced rate.

How many times has John Williams written his report? How many times have I written this article? Yet the government continues to issue false reports, and the presstitute financial media continues to ask no questions.
 
 
The US, once a land of opportunity, has been transformed into an aristocratic economy in which income and wealth are concentrated at the very top. The highly skewed concentration at the top is the result of jobs offshoring, which transformed Americans’ salaries and wages into bonuses for executives and capital gains for owners, and financial deregulation, which produced financial collapse and the Federal Reserve’s bailout of “banks too big too fail.” The trillions of dollars of new money created by the Federal Reserve has produced massive inflation of stock prices, making owners even richer.


Sooner or later the dollar’s value will suffer as a result of the massive creation of new dollars. When that occurs, the import-dependent American population will suffer a traumatic drop in living standards. The main cost of the bank bailout has yet to hit. 
 
 
As I write I cannot think of one thing in the entire areas of foreign and domestic policy that the US government has told the truth about in the 21st century. Just as Saddam Hussein had no weapons of mass destruction, Iran has no nukes, Assad did not use chemical weapons, and Putin did not invade and annex Crimea, the jobs numbers are fraudulent, the unemployment rate is deceptive, the inflation measures are understated, and the GDP growth rate is overstated. Americans live in a matrix of total lies. 
 
 
What can Americans do? Elections are pointless. Presidents, Senators, and US Representatives represent the interest groups that provide their campaign funds, not the voters. 
 
In two decisions, the Republican Supreme Court has made it legal for corporations to purchase the government. 
 
Those who own the government will decidewhat it does, not those who vote.


All Americans can do is to accept the serfdom imposed on them or take to the streets and stay in the streets despite being clubbed, tasered, arrested, and shot by the police, who protect the power structure, not the public.

In America, nothing is done for the public. But everything is done to the public.


This news bureau contains copyrighted material the use of which has not always been specifically authorized by the copyright owner. We are making such material available in our efforts to advance understanding of environmental, political, human rights, economic, democracy, scientific, and social justice issues, etc.  We believe this constitutes a 'fair use' of any such copyrighted material as provided for in section 107 of the US Copyright Law. In accordance with Title 17 U.S.C. Section 107, the material on this site is distributed without profit to those who have expressed a prior interest in receiving the included information for research and educational purposes.

 




Sentencing Corrupt Bankers to Death By Firing Squad

Too good for corporate banking criminal traitors; burning at the stake a much better option

GLOBAL RESEARCH
By Patrick Winn
04/06/2014

For the most part, American bankers whose rash pursuit of profit brought on the 2008 global financial collapse didn’t get indicted. They got bonuses. 
 
 
Obama with Jamie Dimon
Odds are that scandal would have played out differently in Vietnam, another nation struggling with misbehaving bankers.

The authoritarian Southeast Asian state doesn’t just send unscrupulous financiers to jail. Sometimes, it sends them to death row.

Amid a sweeping cleanup of its financial sector, Vietnam has sentenced three bankers to death in the past six months. 
 


One duo now on death row embezzled roughly $25 million from the state-owned Vietnam Agribank. Their co-conspirators caught decade-plus prison sentences.

In March, a 57-year-old former regional boss from Vietnam Development Bank, another government-run bank, was sentenced to death over a $93-million swindling job. 
 
 
According to Vietnam’s Tuoi Tre news outlet, several of his colluders were sentenced to life imprisonment after they confessed to securing bogus loans with a diamond ring and a BMW coupe. And last week, in an unrelated case, charges against senior employees from the same bank allege $47 million in losses from dubious loans.


None of this would impress Bernie Madoff, mastermind of America’s largest ever financial fraud scheme. The combined amount from all three Vietnamese cases adds up to less than 1 percent of his purported $18-billion haul.

But these death sentences nevertheless are high profile scandals in Vietnam. 
 
 
That’s the point. Human rights watchdogs contend that splashy trials in Vietnam are acts of political theater with predetermined conclusions. 
 
The audience: a Vietnamese public weary of state corruption. 
 
But these sentences also sound loud alarm bells to dodgy bankers who are currently running scams. 
 


“It’s a message to those in this game to be less greedy and that business as usual is getting out of hand,” said Adam McCarty, chief economist with the Hanoi-based consulting firm Mekong Economics.

“The message to people in the system is this: Your chances of getting caught are increasing,” McCarty said. “Don’t just rely on big people above you. Because some of these [perpetrators] would’ve had big people above them. And it didn’t help them.” 
 
 
Like most nations that crush dissent and operate with little transparency, Vietnam is highly corrupt.

According to a World Bank study, half of all businesses operating within the communist state expect that gift giving toward officials is required “to get things done.” 
 
 
 
Transparency International, which publishes the world’s leading corruption gauge, contends Vietnam is more corrupt than Mexico but not quite as bad as Russia.

Unlike in America, where judges can’t sentence white-collar criminals to death, Vietnam can execute its citizens for a range of corporate crimes.

Amnesty International reports that death sentences in Vietnam have been handed down to criminals for running shady investment schemes, counterfeiting cash and even defaulting on loans. This is unusual: United Nations officials have condemned death for “economic crimes” yet Vietnam persists with these sentences — as does neighboring China. 
 
 
Though statistics on Vietnam’s opaque justice system are scarce, a state official conceded that more than 675 people sit on death row for a range of crimes, according to the Associated Press.

It’s still unclear how the bankers will be killed. Vietnam’s traditional means of execution involves binding perpetrators to a wooden post, stuffing their mouths with lemons and calling in a firing squad. 
 
 
The nation wants to transition to lethal injections. But European nations refuse to export chemicals used in executions (namely sodium thiopental) to governments practicing capital punishment.

Fraudulent bankers are receiving heavy sentences at a moment when Vietnam is enacting major financial reforms. 
 
 
For decades, Vietnam has been slowly transforming its communist-style, state-run market into a more open and competitive arena. 
 
In the post-reunification era, the government owned every bank in Vietnam. 
 
Today, state-run banks control only 40 percent of all assets. 
 
 

This push to bank in a more Western style has ushered in improvements as well as temptations to swindle. According to the UN economist Vu Quang Viet, Vietnamese credit laws passed in 2010 “simply copied the lax US law now widely believed to be at least partially responsible for the financial debacle in 2008.”

Campaigns to root out corruption are promoted as a way to entice foreign investment, which could help prop up Vietnamese banks whose growth has slowed from a sprint to a jog. 
 
 
But the recent death sentences aren’t really intended to prove the reformers’ sincerity to the outside world, according to McCarty.

“They don’t care about foreigners. It’s all internal politics,” McCarty said. Foreign banking honchos wouldn’t be impressed by a few executions anyway. “If you really want to want to resolve the problem, you can’t just arrest people,” he said. 
 
 
“You’ve got to improve accountability and transparency in the entire system.”

A leading Vietnamese newspaper, Thanh Nien, is also pushing for system-wide cleanup in lieu of showcase trials against a few corporate criminals.

An op-ed in the paper recently compared death sentences for corruption to fighting fire with fire. The preferred approach would be dousing corruption before it burns through public funds. “It is better to prevent corruption,” the paper opined, “than deal with it after the fact.”




This news bureau contains copyrighted material the use of which has not always been specifically authorized by the copyright owner. We are making such material available in our efforts to advance understanding of environmental, political, human rights, economic, democracy, scientific, and social justice issues, etc.  We believe this constitutes a 'fair use' of any such copyrighted material as provided for in section 107 of the US Copyright Law. In accordance with Title 17 U.S.C. Section 107, the material on this site is distributed without profit to those who have expressed a prior interest in receiving the included information for research and educational purposes.

 

Panic As Deadly Ebola Virus Spreads Across West Africa

Outbreak has all the hallmarks of an engineered virus and intentional release

THE INDEPENDENT
By Joe Krishnan
04/06/2014

When everyone is an apparent threat, a potential carrier of the deadly Ebola virus, panic inevitably rises. Yesterday, as rumours spread that Ebola could be caught by breathing the same air as the victims, that fear turned into violence.
 
 
Ebola
Since the outbreak of the deadly strain of Zaire Ebola in Guinea in February, around 90 people have died as the disease has travelled to neighbouring Sierra Leone, Liberia and Mali. The outbreak has sent shock waves through communities who know little of the disease or how it is transmitted. 
 
The cases in Mali have added to fears that it is spreading through West Africa.
 

A spokesman for the medical charity Médecins Sans Frontières (MSF) said yesterday that a treatment centre where patients were isolated in Macenta, 265 miles south-east of Guinea's capital, Conakry, had come under attack from an "angry crowd" who accused health workers of bringing the disease to the town, where at least 14 people have died from Ebola.
 
 
 
"We have evacuated all our staff and closed the treatment centre," the MSF spokesman Sam Taylor said. "We're working with the authorities to try and resolve this problem as quickly as possible so we can start treating people again." He later told Bloomberg: "We fully understand that the outbreak of Ebola is alarming for the local population, but it is essential in the fight against the disease that patients remain in the treatment centre."
 
 
It was not clear how many people had been injured in the incident. A government statement said the support of aid groups such as MSF and the British Red Cross was essential. 
 
It called for "calm and serenity to enable our partners to support us to eradicate this epidemic" and added: "Only the recognition of the existence of the disease will help in the fight against it."
 


There is no cure for Ebola, which causes fever and severe bleeding. Aid workers have described the outbreak in West Africa as an "unprecedented epidemic".

Trust in the authorities in Conakry reached a low ebb on Friday, with many residents blaming the government for not immediately quarantining an individual who was said to have carried the virus to the capital from the remote and heavily-forested south, where the bulk of the cases are concentrated. 
 
 
 
 
Sixteen cases have been reported in Conakry, of which five people have died, a World Health Organisation spokesman said.

"How can we trust them now? We have to look after ourselves," Dede Diallo, a Conakry resident who stopped working and has kept her children at home since the outbreak, told the Associated Press.
 
 
Dr Adinoyi Ben Adeiza, from the International Federation of the Red Cross, was part of the team tasked with tackling Ebola when it broke out in Uganda in 2012. Dr Adeiza told The Independent on Sunday: "The only thing that can be done is to prevent it spreading."

He added: "This is a major challenge for countries such as Guinea which have weak health systems, mainly because [they don't have] adequate resources... to set up isolation centres for affected people."

In London, the Foreign Office warned Britons travelling to Guinea to maintain strict standards of hygiene and avoid eating bushmeat.
 




This news bureau contains copyrighted material the use of which has not always been specifically authorized by the copyright owner. We are making such material available in our efforts to advance understanding of environmental, political, human rights, economic, democracy, scientific, and social justice issues, etc.  We believe this constitutes a 'fair use' of any such copyrighted material as provided for in section 107 of the US Copyright Law. In accordance with Title 17 U.S.C. Section 107, the material on this site is distributed without profit to those who have expressed a prior interest in receiving the included information for research and educational purposes.

 


Report Says Blair Was Aware Of CIA activities After 9/11

Mass murdering cross-dresser Blair will be sitting alongside his retarded, drunken side-kick Bush at their war crimes trials

PRESS TV
04/06/2014

Former British prime minister was fully aware of secret kidnapping and interrogation programs by the CIA spy agency following the 9/11 attacks, says a security source. 
 
 
Bush attempting to sanitize Blair with phony "Peace" medal
The security source, whose name was not mentioned in the report, told the Telegraph that Tony Blair and his foreign secretary, Jack Straw, were fully briefed on CIA activities and were kept informed “every step of the way” by MI6 following the 9/11 attacks, in which nearly 3,000 people died.

“The politicians knew in detail about everything – the torture and the rendition. They could have said [to M16] ‘stop it, do not get involved’, but at no time did they,” the source added.


He noted that the two British politicians were also shown legal opinions by the administration of former US President George W. Bush that declared the so-called “enhanced interrogation” techniques such as water-boarding and stress positions to be legal.

“The Americans passed over the legal opinions saying that this was now ‘legal’ and our politicians were aware of what was going on at the highest possible level,” the source said.

The remarks echoed comments by the then MI6 chief, Sir Richard Dearlove, who said in a speech in 2012 that MI6’s cooperation with the CIA rendition program was a “political” decision.

MOS/HSN/SS
 




This news bureau contains copyrighted material the use of which has not always been specifically authorized by the copyright owner. We are making such material available in our efforts to advance understanding of environmental, political, human rights, economic, democracy, scientific, and social justice issues, etc.  We believe this constitutes a 'fair use' of any such copyrighted material as provided for in section 107 of the US Copyright Law. In accordance with Title 17 U.S.C. Section 107, the material on this site is distributed without profit to those who have expressed a prior interest in receiving the included information for research and educational purposes.

 




U.S. Lying To Public On Domestic And Foreign Issues : Analyst

"Mainstream media" swine will pay in spades for their Obama war-shilling; war crimes trials for the lot

PRESS TV
By Dr. Paul Craig Roberts
04/06/2014

The government of the United States has been lying to public on every domestic and foreign issue, an analyst writes in a column for the Press TV website.
 
 
“I cannot think of one thing in the entire areas of foreign and domestic policy that the US government has told the truth about in the 21st century,” Paul Craig Roberts wrote on Sunday.

On foreign policy, he said, the US lied to public about weapons of mass destruction in Iraq in 2003, Iran’s peaceful nuclear program and chemical attacks in Syria.

“The jobs numbers are fraudulent, the unemployment rate is deceptive, the inflation measures are understated, and the GDP growth rate is overstated,” wrote Roberts, adding, “Americans live in a matrix of total lies.”


The analyst said the American public has no option but to “accept the serfdom imposed on them or take to the streets and stay in the streets.”

“In America, nothing is done for the public. But everything is done to the public,” wrote Roberts. 
 
 
 

He also said the US is shifting from “a land of opportunity” to “an aristocratic economy in which income and wealth are concentrated at the very top.”

Roberts further envisioned the depreciation of the US dollar due to money supply growth. “When that occurs, the import-dependent American population will suffer a traumatic drop in living standards. The main cost of the bank bailout has yet to hit.”

He said the US “will have a third world work force in 20 years.”

KA/HMV




This news bureau contains copyrighted material the use of which has not always been specifically authorized by the copyright owner. We are making such material available in our efforts to advance understanding of environmental, political, human rights, economic, democracy, scientific, and social justice issues, etc.  We believe this constitutes a 'fair use' of any such copyrighted material as provided for in section 107 of the US Copyright Law. In accordance with Title 17 U.S.C. Section 107, the material on this site is distributed without profit to those who have expressed a prior interest in receiving the included information for research and educational purposes.

 

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ANDREW KREIG: EXPERTS REJECT FIRE AS CAUSE FOR 9/11 WTC COLLAPSES

The real truth on 9/11 slowly continues to bleed out

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Technical experts are mounting major challenges to official U.S. government accounts of how three World Trade Center skyscrapers collapsed in near-freefall after the 9/11 attacks 15 years ago.

Many researchers are focusing especially on the little-known collapse of

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The Geopolitics Of The United States, Part 1: The Inevitable Empire

The Empire and the inevitable fall of the Obama criminal regime

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STRATFOR Editor’s Note: This installment on the United States, presented in two parts, is the 16th in a series of STRATFOR monographs on the geopolitics of countries influential in world affairs.

Like nearly all of the peoples of North and South America, most Americans are not originally from the territory that became the United States.

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Geopolitics Of The United States Part 2: American Identity And The Threats of Tomorrow

A look back at 2011 predictions for the future in order to put events of today into perspective

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We have already discussed in the first part of this analysis how the American geography dooms whoever controls the territory to being a global power, but there are a number of other outcomes that shape what that power will be like. The first and most critical is the impact of that geography on the American mindset.

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By Robert S. Finnegan

This e-mail outlines and confirms the acts of espionage against Indonesia and Indonesians by Akiko Makino and the others involved both in Kobe University and in AI Lab at University of Airlangga, Surabaya; Bahasa Indonesia original follows English translation...

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UPDATED 01/07/2015 : New Analysis Challenges Tamiflu Efficacy; Hong Kong Corona Virus Outbreak

UPDATED 01/07/2015 : FOX NEWS CORPORATE PHARMA SHILL MEGAN KELLY AND FOX NEWS QUACK DOCTOR NOW PUSHING TAMIFLU FOR PREGNANT WOMEN AND CHILDREN;

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THE 5TH ESTATE UNEQUIVOCALLY WARNS THE PUBLIC NOT TO TAKE OR GIVE THIS PROVEN DANGEROUS, INEFFECTIVE DRUG TO ANYONE

Obama criminals now resulting to biowarfare in quest to destroy Chinese and ASEAN economy; "novel virus substrain" points directly to a Kawaoka / Fouchier / Ernala-Ginting Kobe lab virus weaponized and genetically altered to specifically target and infect the Asian population: Ribavirin...

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The 5th Estate has just purchased a library on H5N1 "Novel" virus pandemics, there are dozens of PDF and Exel documents we feel will assist you in saving lives following intentional releases of the H5N1 and now MERS viruses; we will begin by printing those that appear to be extremely relevant here: H5N1 Kobe-Kawaoka-Ernala series continues soon with more "Smoking Gun" e-mails from Teridah Ernala to The 5th Estate . . .

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By Robert S. Finnegan

On October 12, 2002 the Indonesian island of Bali experienced a terrorist attack that rocked the world. It was unquestionably well-coordinated and executed, the largest in the country's history.

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