Media Lies About the Job Numbers

Yeah – we need to piss test Wall Street. And the NYC Media Moguls.  A rally based on what, Friday, for crying out loud?

America deserves full disclosure of who’s getting what money (perks and comps) for doing such a horrible spin on the economy and blowing the stock market skyward with smoke and hype.

Seriously, to anyone who can read and speak of it honestly of the experience (except us), did ANYONE mention the total number of people working was DOWN?

Seriously – a rally based on losing 319,999 workers is a cause to light ’em off?  Say WTF?

What kind of bullshit cheerleading of the sheep is being played on ewe?  You ever wonder?  We dive into just that.

We even put up the government’s own darn data. No, the fix was in.  Junker Joe just signed away the Debt Ceiling – which has become a joke.  Remnants of the GOP sold out Honest Accounting once again.  Thanks.  There’s a reason for our tiny website at Fired in ’24 – Free Citizens Will No Longer Stand for This Crap (firedin24.com)

Except for one thing:  We keep standing (*and sitting) for it.  Damn shame and proof for voting doesn’t keep out the crooks.  Who don’t read bills and who don’t understand cash basis accounting.  We’re on the government equivalent to the EBITDA disaster of Internet Bubble 1 (which brought us the Twin Towers).

Wonder what they’re setting up for, this time?

No, there’s something else going on.  And Maybe more than “At the peak of Wave 2s, there’s more bullishness than ever.?”

Our decision to focus on the charts – and some remedial accounting for  readers may prove useful.

So here we go…

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37 thoughts on “Media Lies About the Job Numbers”

  1. “Honest Accounting”

    Isn’t this an oxymoron when it comes to the government?

    Another question. If a single mom working as a waitress, in order to survive financially, takes on a second job as a house maid and a third job as an Uber driver, have 2 jobs been created in the government statistics?

    • Three jobs were created. The maid job, the Uber job, and the “estimated growth of new staretups” in the CES Biretrh Death Model.

        • LOL LOL LOL I love that one.. that is as good as the three guys ..
          they go to get a meal.. the kid waiting wasn’t sure the boss was gone so he said ok.. for the three of you I will charge thirty dollars..
          10+10+10=30
          later the boss comes back and says no with tax it is twenty five dollars.. so give the three guys back five dollars.. the kid doesn’t know how to divide five into three so he puts two dollars in his pocket..
          each guy got a dollar back.. so each guy paid nine dollars total..

          9+9+9 = 28+2=29 who got the missing dollar

          So I get it the democratic way to pay off the debt.. print up eight trillion divide that into seven hundred million people and you get 560 dollars per person to pay back the debt.. LOL LOL LOL LOL its all in the magic numbers.. now give everyone with some african american blood a five million dollar bonus.. we are all set..

      • All correct, the suspicion and confirm. +3 per BLS.
        We account in crazy ways and lead to reversal.
        Stand by for debtors to come off the couch.
        It won’t be good, just different. Less WFH.

        Data now in, squeezy Friday.
        Fun hey? (black theme)

        ATL (around the lake):

        Crazy non-belonger Koi Fish, 4′-ish, live on here :0/
        Black Crappies nesting 20′ off my pier end. Again.
        Couple black (black theme agin) clouds spat rain.

        Me: is that all you’ve got Saruman?
        Enjoy the moon,
        Egor

  2. “Except for one thing: We keep standing (*and sitting) for it. Damn shame and proof for voting doesn’t keep out the crooks. Who don’t read bills and who don’t understand cash basis accounting. ”
    “The socialist government of California is moving ahead with plans to regulate free speech. Hidden in the deliberately misnamed Journalism Preservation Act are a ton of new requirements that social media report to government. Not in our Constitution, kiddies.”

    two things you forgot about..
    https://www.forbes.com/sites/ralphbenko/2013/03/11/1-6-billion-rounds-of-ammo-for-homeland-security-its-time-for-a-national-conversation/?sh=6d8b3f8e624b

    https://www.foxbusiness.com/politics/irs-plans-hire-gun-carrying-special-agents-all-50-states

    We have seen how a demonstration at the Capital was publicized.. they locked it down even more.. take security of the members of congress..
    https://www.motherjones.com/politics/2021/06/members-of-congress-are-spending-more-than-ever-on-security/
    the constitution was torn apart taken down piece by piece.. Laws for COG took away the power of congress to..
    How many times have you ever seen in history where an agency funded by the congress demanded a document and had on public television the ones they demanded it from to just say kiss my ass..
    it is to late.. it would mean that one hundred percent of everyone would have to be voted out of office.. and continue that until they get the idea that they need to represent the people not the few..
    So It is already to late.. we have our american version of the SS forces being unitized and set loose our youth is dumbed down and children are left to local gangs and network television to raise..
    take the release of horrific activities being done by high ranking members of society and film in California and the sex to be a star casting couch…. opening the borders to millions of people that were unwilling to follow the legal route..
    In the meantime we are getting prepared for the huge Juneteenth celebration here.. (not really LOL) we are trying to see if we have any black blood in us.. then we can get our share of the five million per person hand out LOL

  3. Anyone else feeling like the wash, rinse, and repeat cycle is now just a perpetual spin cycle?

      • G, mentioned the money supply back there, 5/24.

        Notice the monetary base.

        https://peoplenomics.com/inside/202305241.jpg

        The expansion of the monetary base though the creation of money or credit is inflation. We don’t use money. We use notes and credit to create the notes. When the debt ceiling is raised the monetary base is expanded by authorization of credit.

        The video cites late 1800’s. We had a different monetary system back there. That doesn’t mean their monetary base didn’t expand.

        Look to 1/24/1848. That day the California gold rush kicked off lasting into 1855. All the gold being discovered was the monetary base. By default M1 expanded.

        Today credit can bailout a pension plan to keep M1 expanding.

        The late 1800’s didn’t have the option.

        Unless I have it wrong.

    • Actually it has been in a perpetual spin since Reagan recession where he started to bail out the to big to fail club using Social security funds that were to be kept in a separate fund like the Congresses retirement funds are..
      https://youtu.be/pRueZb_gR38
      great book.. one year that is what I gave out for xmas..
      https://youtu.be/pqhxzN0PMeg
      the only problem with the money supply and the economy is pretty simple.. its the Velocity of Money.. those the shove money in a can.. it isn’t moving..
      https://youtu.be/BKEp1pzwTsg
      https://youtu.be/q59tZKP0HME
      consider that for a moment.. if like reparations.. they just gave the money to Me and the neighbors.. and everyone got the five million dollars.. then the price of bread would skyrocket.. so how could they print like a maniac and bread not reach the thrity nine million dollar price tag… they kept wages low.. so the average person making ten dollars an hour cannot keep up with the flow of the printing.. bring in a plastic card.. here use plastic card.. we will only charge you forty percent a year to use it .. so people went to plastic.. last week they said that credit card debt had reached more than a trillion dollars.. as fear of the unknown came up and prices had to keep up because of the increase in cost of materials etc.. people used plastic to keep their quality of life the same.. inflation at four percent a year.. was not to affect the bottom seventy percent of the population.. it was to take the wealth of the top twenty nine percent.. to propell the one percent to newer heights..
      Now we are at the end of plastic.. as we go down the road to Hell and Zimbabwe and Argentina.. people can’t spend the used up plastic to keep their quality of life.. the only thing they can do is hand people the money as in reparations to everyone with african american blood in their DNA… once this begins we will see prices spike in what seems as if Over night action.. its a fine balancing act.. where money was originally designed to represent something of same value.. a pound for a pound of grain etc.. it is now just worth the blue sky.. since everything that goes up.. it must come down.. people with a million in the bank two years ago will discover that it is only worth half of the value then today.. a seven hundred square foot house that twenty years ago sold for thirty thousand.. a mansion that forty years ago sold for a hundred thousand is now valued at a million or higher.. the thirty thousand dollar home is now worth a quarter million.. in 2014 bread at the store top dollar was two dollars a loaf.. bottom ( with less flour more soda) bread was 0.65 cents a loaf.. today the sixty five cent loaf of bread is two dollars.. the two dollar loaf of bread hovering six bucks.. soon to be six million dollars a loaf.. and heaven help us if Xi just says.. to hell with the USA no goods are to be sent to them.. and lets dump the us bonds.. zimbabwe here we come..

      • So, that ?partly) answers the question I have of why, if they can print trillions of dollars, do we have to pay taxes?

  4. “This is really too simple, isn’t it? Xi Jinping Official Tells US To ‘Stop Sending Weapons’ To Ukraine – Benzinga.
    But wait! Let’s slam Xi: US defense secretary says Washington won’t stand for ‘coercion and bullying’ from China (startribune.com). And to prove how “tough” we are? US, Canadian navies stage rare joint mission through Taiwan Strait | Reuters. We’re just so sure THAT will scare Beijing… ”

    From what I have read.. Xi has tried many times to see this whole mess de-escalate.. we keep telling them we are tough.. obviously the US govt. has never heard the story about the frog.. everything I touch around here has chinese manufacturing on the label..
    they also to prove a point and say no more marched across Vietnam in six days.. just to say don’t do it again..
    https://youtu.be/Iimhr1TLsno

  5. ” US, Canadian navies stage rare joint mission…”

    “Five Eyes” merging into the Cyclops.

    Little Bush said it best, “Every nation, in every region, now has a decision to make. Either you are with us, or you are with the terrorists.”

    Now it’s the $ Vs the World.

  6. Friday’s ‘wow-rally’ closed above my August 2022 high – which trashes two of my charts. I am still a little ticked that I got out too early in my trade. I did pretty well., but I could have done VERY well. .., oh, well………
    Being slightly despondent I drove the ole Studebaker across town to my one of my favorite shops and broke a long standing rule – no sugar – and bought half a dozen donuts. It was National Donut Day – and I just couldn’t ignore it. Ate two of those home-made delights and got a sugar rush that lasted over an hour. Wow !
    Off and On over this weekend I am going to build a whole new market chart – since we are in a whole new area / market. Lets see what the math has to say about this hot-mess we are in.

    • Say, the ‘Old Studebaker’ ain’t by chance an Avanti, is it?

      Be interesting to see the take. As you saw in my stuff, we’re at the dead heat and Wave 2 could blow up any second., But we’ll see.

      • I bought my “Ole Studebaker” [ 1939 ] as part of my “EMP Preparedness Survival Package”.., many years ago. At least, that was my mental excuse. It was a total frame-off restoration., but as they started striping it all out, they discover the engine, transmission and rear axel were total garbage – it had sat for too long. So., I have a hot-rod Studebaker. With the Ford Police Pursuit motor, all chromed out, four speed matching transmission and heavy duty rear end. Drop the clutch on this puppy and you will just sit there burning the tires off down to the hubs. It looks like a restored ’39 Studebaker., but it ain’t.., but it is also an “Ole Studebaker pickup” even with the upgrades shocks, it drives like a small angry tank ! ., but with twin glass-pacs it sounds damn awesome ! [ twin four barrel carbs – bear to keep balanced – twin battery set-up., floor mounted starter.., etc.]
        – Four., maybe five months ago I saw a similar, 1939 Studebaker pickup for sale at an auction – it sold for nearly three times what I paid for mine. The ’39 is distinguishable by the spare tire encased and mounted into the fender near the passenger door.

      • About the Avanti, when was growing up in Salt Lake City the local Studebaker dealer took an Avanti off the lot and out to the Salt Flats. That car set several speed records for the time.

        • The original Avanti had a supercharged 289 V8 under the hood, and would hit 180 on a straight with a little tweaking, with zero alterations. It also had the world’s most ergonomic “cockpit” (which is essentially what the driver’s seat was). Architects and designers studied it for years. NASA used it as the inspiration for the pilot’s seat in the Gemini and Apollo capsules. Today’s automakers are still trying to best its ergonomics. To this day, I doubt anyone has…

          They’re funny, funky little cars, and most car-people either passionately love, or thoroughly hate, their appearance. Screw the appearance. If you ever get the chance to sit in the driver’s seat of an original Avanti, do it, and just note the view, and the touch and feel and placement of controls…

  7. Yo Gpops,

    New I say, so get outta the way, all time highs are on the way..S&P500 – 4330 ! wootwoot.

    World is not ending – on the contrary, we got the nogoodniks-sons&daughters of darkness, on the ropes., da Loserz .
    They pretend they are doing a Cassius Clay rope-dope with us, when in reality they are LOSING power everyday.

    Anyone seen soreass lately – NERP, just a big Red X over his name..hmmmm

    The “Jr’s” got No juice – just drugs and fear.
    Which is all the First Dimension is – FEAR nrg..no devils/demons, pitchforks..just ALL pervasive, overwhelmingly heavy FEAR.
    ..so bad Ure Soul be afraid of itself.. Wonder if this why peeps like Levay and Crowely went stark raving mad & addicted to drugs in the end.

    *maybe consider phyz Gold & Silver – still relatively cheap, even with sky high premiums..perhaps in Grams for easy transacting.. or wait for BRICS gold backed digitals to come online..yes same weak link as BTC and Ure Bank. du-ooh.

  8. According to JPMorgan [ Insider Intel.] “The Fed” will pause on interest rate hikes in June.,[ in less than two weeks] and for the next two, or three months., then start cutting rates by the end of the year.
    Granted, they have a lot more info and better contacts than an old guy living in small town America., but from what I can math-out, The Fed needs to raise interest rates. We, as a country, are still far above the 2 to 2.5 % ‘acceptable’ inflation rate., and if they pause here inflation will not go down., and with one cut in interest rates, inflation will come roaring back and into the double digits. Just like what happened in the ’70’s when they tried the same thing.
    The Federal Reserved has screwed-the-pooch since the very beginning of the inflation gorilla.., way too late and way too little and I don’t think they have enough bananas to get that gorilla back into it’s cage.
    .., but, like I said.., I do not have the same data that they are seeing / using.
    .., we’ll see.

  9. .., and
    Did you hear / read of the train crash in India. Three trains., and over 300 dead.
    The photo’s are horrendous to see.

  10. Well Shizzle. Why is it that the juicy developments are released at the end end end of the week?

    https://financialservices.house.gov/news/documentsingle.aspx?DocumentID=408838

    https://financialservices.house.gov/uploadedfiles/market_structure_bill_section_by_section.pdf

    Those who have rat poison squared LOL may wish to bone up on the details:

    https://financialservices.house.gov/uploadedfiles/digital_002_xml.pdf

    Fellow Patriot Patrick McHenry’s Committee will be working on further commentary and putting the finishing touches on the product This Coming Monday 6-6-23. And BTCs rhyme with CFTCs…

    https://thecryptobasic.com/2022/04/20/ripple-ceo-says-he-owns-bitcoin-ethereum-other-crypto-to-him-only-promoting-btc-will-stop-industry-growth/

    BCN you following along here? Looks Like Clarity about to come Rippling through the US crypto space.

    Not Advice, do your own homework home gamers.

    • Si, mi amigo

      My face says “Bitcoin Maximilist”

      My hands say pour me an eth&chamgpipple, with a ddldog chaser. On the very low down low – know you know a VERI “plank holder” amongst several “planks”..

      Shout out Mr. Middleton – a VERI smart fella, and a real swell dude.

  11. Texas legislators are seriously considering a bill that will severely limit the use of residential solar panels.
    – As one out-raged engineer said: “It will turn all of Texas into one big HOA !”
    .
    .., and: Three Israeli soldiers and one Egyptian officer killed in a clash at the border. This has been heating up for weeks in that area. What this will trigger., could be ugly.

  12. We need some really good coffee to wake up the woke jokes,
    I would name this coffee,,,

    “Boston Harbor Coffee Company”
    enjoyed by Blacks and Whites alike, we are one against an unseen enemy,
    JFK ship bell, “Where we go one, we go all” .
    This is about a war against humanity, that holds us in slavery, just like a hypnoized crowd, only the hypnotist can release us,,,
    Who will come to our rescue? to convince the stage hypnotist to release us?
    Aliens? or God ?
    what I have read is the hypnotists needs a escape offered to them, in exchange to release the spell that has been cast on the human population/cattle herd. In an instant, the spell will be broke,,,
    “The Great Awakening”
    It sounds Biblical.
    Babylonian money majic spell?
    Like Handy Andy says,,, “there is a reckoning a comin”
    The end times is not the end of time, just another cycle. the same but different.
    Sometimes, I feel that we collectively are God’s awareness, experiencing his creation , we is just nerve endings, sending a signal back to source. If I knew, i would NOT be agnostic.
    cluck, cluck, cluck
    stage chickens believe, that they are chickens,,, I bet they would eat bugs if offered to them.

    New Beer ,,,”Bug Light” I read that on a Truth Social post ;-)

    I still wonder, what is “covfefe” ?

  13. Quite possibly they have engineered this move so as to continue to tighten. Much better to have the market trade down from higher levels. This move looks totally manufactured the constant AI shrill and the street intrepation of the jobs report. In addition to the sudden about face from Fed Govs to pause.

  14. george, one more thing.

    it is interesting to note:

    according gnostic texts measured with the pattern movements of celestial objects we discover that Adam was born under what is commonoly accepted today as the sign of leo. and that Eve was formed under what is commonly accepted today as cancer.

    and that each of the 4 kings or Horseman of the appocolypse are all born under the sign or house of Capricorn.

    Astrology is pretty neat. ive taken to understsnding it pretty good. i never paid it much no mind for the most part, and now i understand its usefullness to a degree.

    please forgive the off topic thoughts. i dont make many guest apearances anymore a on urban survival.

    back to your regular discussion.

    thanks man.

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