The truth is hard to find these days
By P Alfonso on Jun 9, 2009 | In 1.5 The Economy | Send feedback »
While the national debt has accelerated just under 190 billion during the month of May, the Obama administration is preparing to increase the pace by injecting billions of the stimulus package. According to them, this will help create or save 600,000 jobs, which are almost 200,000 less than the true May losses alone. This is something you may not know because it was falsely reported but will see otherwise as you continue reading.
Follow up:
If you would like to believe that the stimulus package is going to rescue our economy, you may need to start looking at the facts and stop listening to those who have a vested interest in the deception. Although the facts show it is likely improbable that an economic recovery may occur at all, there are those who continue to forecast it. We have to give them credit for the hard work in keeping the false hope alive. Everything indicates that financial improvements are not happening but they take something that may not be just as bad as in the previous month and try to make it look like it is the trend.
Take for instance May unemployment report shows that fewer jobs were lost than predicted. Does that mean that the loss of jobs improved or that simply the predictions were wrong?
Most have seen that the media reported the loss of 345,000 jobs in May. Find the truth by going the website holding the whole picture and not just a cut out. Let’s stop listening at the deception that the controlled media is throwing at us and take the information from the real source (The Bureau of Labor Statistics).
With the bankruptcy filing of GM we need to brace ourselves for the June unemployment report when it comes out next month. All that the media reported for May unemployment was the nonfarm jobs losses which were 345,000 but the total number of unemployed increased by 787,000 which is more than double of what was reported. That was the largest figure yet so far this year but it was not reported by the media. Is it not the moral duty of the media to give us the truth, the whole truth and nothing but the truth? The unemployment rose from 8.9% to 9.4% and that was reported correctly. In March, the jobs losses were 663,000 and the unemployment rose .4%. The 345,000 figure would not have added another .5% to the existing percentage therefore; you can easily see the deception or flat out lie, as the entire 787,000 was not reported. In addition, the 9.4% is the U3 figure where the U6 stands now at 16.4%. Who is trying to keep us in the dark? We have been left with one lone source of truth. The truth that you and you alone can find is the absolute truth; it is no longer a gift from the media, we have to look for it ourselves.
One more hard truth: That billions of stimulus money that we have to borrow before we can spend hinges on lenders that we cannot find. So when we find the money or print it out of thin air let’s look realistically at what it is going to do: When the administration says, save or create jobs they actually mean save. Most of what has already been spent was sent to the States to keep them solvent and if not that is what they used it for, you can visit the link and see for yourself. The new money that they are about to release will be used to make them solvent again for next year budgets, as most are either insolvent of face gaps that they cannot fill. California needs over 20 billion right now or they will face massive cuts and perhaps default. They are not alone in this predicament, so are New Jersey, Florida, New York and the list goes on. Will these billions of dollars solve their problems? No, the massive loss of revenue will continue for the States, as it will for the Federal Government and the gaps will get wider no sooner than they are filled in. As all levels of government consider raising taxes such will not solve anything but instead will aggravate the situation, as that would force the people to spend less and the downturn cycle on revenues would continue.
Last but not least: Have you noticed how the Counties and States have resorted in increasing the suffering of the people with speed traps and ticketing for just about anything? This is a disgusting practice of preying on the people during times of hardship, people that may be unemployed and need those fees to feed their families. How low are governments going to get in order to fund overspending and mismanagement? They are trying to save their jobs by starving others. It is getting closer and closer to an everyman for himself show.
Is this a government that is for the people, how did our country change so fast?

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