Posted on 8th August 2013 by Administrator in Economy |Politics
|Social Issues  , , , ,  Day after day the Wall Street shysters
program their HFT supercomputers to buy stocks based upon
government reported data that is generally 50% to 100% wrong.
Some of the data is wrong because the people collecting the data
are clueless drones or Ivy League trained economists. Most of it
is wrong because the government drones are in cahoots with Wall
Street and the corporate media to manipulate the data in a way
that presents the economy in the best light. It’s called
propaganda, not data. This morning Wall Street is excited about
“better than expected” trade data from China. Of course, China’s
honesty about their data makes the BLS look like Mother Theresa.
The Chinese and the United States are both liars. That is why
they have a $10 billion per month difference in their reported
trade balance. Government data is worthless.    1. harry p.
says:      it’s worse than worthless, the data they provide is
destructive       8t