Thank You Pres Obama For Proving You've Lied About the Jobs Reports!

The arrogance of this clown never ceases to amaze me. While praising his success in office, in this final presidential address of 2016, obama just admitted he has done very little for job and economic growth.

As the communist party's boyking takes this victory lap, he says 800,000 jobs were being lost per month as the US teetered going into a depression when he took office. Now ask yourself, does this man, his admin and party EVER TAKE CREDIT since 2008 for creating "800K+" jobs per month when they brag about "jobs created/ saved" or this alleged economic recovery? NEVER! They do however run to the fake news media touting "125k", "150","180k" or whatever the number is, still far less than avg 800K/ mo lost, whenever a jobs report has been released! If we lost 800k a month that has resulted in 7.9 million jobs lost apprx from 2008-2010, logic dictates that many would have to be created ea month during a similar time period. Official unemployment numbers still dance around 7-8 million (7.4) Americans currently unemployed. Soooo there are just as many people on the books today unemployed as those who lost jobs during the economic crash. If we're in a recovery and have all this job creation that he brags about why are so many still unemployed[incl yours truly]?

Now granted the bleeding didn't last all 8 years, which is why most economic experts have said the magic number for economic growth and employment rate to come down should be around 400K per month (close to where they were during Bush era), but others argue less. Regardless has obama or any of the regime lackeys ever bragged with that figure? NOPE! And while his majesty takes this victory lap bragging about jobs created he left out the fact that people no longer in the labor force has been climbing, to where we now how over 100 million Americans out of work! As for those millions of new jobs created, many were filled by people who already have jobs and the one they left was never replaced, duties were delegated out to other workers.

As smart as these people running things are, they are just as stupid and gullible. You would think someone would say something to keep the story straight and make some sense after 8 years, but this clown doesn't care. It's all about optics and first impressions, to hell with facts. The fact is there is no economic recovery, the country NEVER came out of the recession. Unemployment, poverty, food stamp rolls etc etc are all still at dangerous highs whether the power elite want to admit it. We are in the eye of a stealth depression storm, propped up with cooked economic numbers and the federal reserve printing money like we are the Weimar Republic 2.0.

If you dismiss everything I've said here fact remains there are just as many people unemployed now as those who lost their jobs during the crash proving obama lied about all the jobs reports. This govt has cooked the books to delay the inevitable. It doesn't matter who the next POTUS is either. The economic tsunami coming is unavoidable, Trump as POTUS or not.

So there you have it, Happy New Year and thank you barack for proving you're a LIAR!

Sorry can't help myself, it's that "good gene" I have, I'm compelled to tell the truth...

100 Million Americans Out of Work: Unemployment Rate Remains Unchanged NOT AT 4.9% BUT 23%!

As America goes into the Labor Day weekend the govt released employment numbers showing no growth and pushing a deceptive claim the unemployment (UE) rate remains unchanged at 4.9%.

94,391,000 out of the workforce
+7,800,000 on the books unemployed (fed UE rate 4.9% is based on)
= 102,191,000 million Americans out of work

These are the federal govt's BLS numbers STR did not make them up. These numbers continue to prove without a shadow of doubt the US economy continues to flat-line. There is no economic recovery as pres obama claims. 151K jobs were created in August, when we need to see at the least 400K per month, is not an indicator of recovery. The majority of jobs being created are part-time no thanks to this admins anti-capitalist position via taxes, regs (ie EPA) and the damaging after-effects of obamacare.

The real unemployment rate of 23% continues to sit just under the Great Depression era level of 25%. Take a look at this graph as the number of people who left the workforce increased the govt UE rates decreased.



Those who are long term unemployed the jobs you had are not coming back. Companies have learned to operate with a smaller staff after the 2008 crash, assigning more responsibilities/ duties/ work to those who are fortunate enough to keep/ have a job. Businesses have wised up removing the middleman going direct to customer to cut costs and remain competitive in a down economy. There are less jobs available, people are making less, paying more because we are in a stealth depression.

This will never be admitted or acknowledged because, as explained numerous times here, to just say the economy is in a depression would cause financial markets to collapse.

It is the equivalent of telling a family a loved one on life support who is brain dead is showing signs of recovery giving them hope. If you tell them the truth their world will obviously fall apart. Same is true with this govt and the economy. They keep saying the economy is weak but we're in a recovery to give people hope when they should really be preparing for a fall when economic bubbles finally burst.

Student loan debt is in the trillions. Exactly how are students going to pay their debt back when the job they're being trained for in college doesn't exist?

The Fed has lent out entirely too much money at 0% interest rates devaluing the dollar for years! Because of that we've had a small boom in housing but remember people are buying homes who are just able to make the payment at 2-3%, what happens when rates go up to get all that printed money out of circulation?

The stock market is hitting new highs, but who is making all this money? It's not like how it was in 2000 (mind you that blew up). Some argue the new highs are a result of companies buying back their own stock to boost prices. Many companies also have high valuations because they're sitting on a pile of money, they're not re-investing into new business and employees but for whatever is coming down the road.

The US is now $19.5 TRILLION in debt and that's just the tip of the iceberg. When you factor in unfunded liabilities, Social Security on its way to zero etc we're in a ton of economic trouble.



There is NO WAY to fix this problem, a reset is inevitable we just don't know when because the Fed and leaders keep doing stupid things like Quantitative Easing, aka printing money, to delay a major economic crash. They should have let the walls come down in 2008, instead they made matters worse.

Posting about this is like beating a dead horse at this point. Either you know this economy is in shambles and a day of reckoning is coming (as econ experts are warning) or you believe everything is sunshine and rainbows while the world burns around you.

Prepare for the worst hope for the best.

Economist & Author of "The Death of Money" Confirms 'We Are in a Depression'

Economist & Author of "The Death of Money" Confirms 'We Are in a Depression'

Finally an economist who tells the truth! James Rickards is no conspiracy nut or basement blogger, he is a portfolio manager at the West Shore Group, an advisor to the Department of Defense and US intelligence community on international economics and financial threats and he part of the first financial war game at the Pentagon. Rickards appeared on the Glenn Beck Radio Show May 3rd to break down the inevitable economic collapse we are headed for. As you know STR has been arguing for years the US is not in a recovery, never came out of it and has been in a stealth depression. While going over options to avoid economic catastrophe (that just won't happen because of the power elite) Rickards flat out confirmed everything I have been saying and that 'we are in a depression'.

So what?

Well this is just another confirmation of my theories on the state of our economy and the lies being shoveled to the American people on a daily basis.

Many economists have warned when SHTF it will not be anything like the 1930's... it will be much worse! Look at the panic when major storms hit (snow, tornadoes, hurricanes), where store shelves are emptied. If we go to the extreme remember back during Katrina where people had signs asking for help because they were so unprepared. Natural events be it storms, tsunamis or earthquakes have given us plenty of red flags that food, water, fuel, medical aid etc will not be available. In general people should have some preps because anything can happen.

This confirmation should be an alert to Americans to hope for the best but more importantly plan for the worst. Does that mean you clean out your bank account build a bunker, loading it up with survival food and gear? No, but it doesn't mean not to make preparations. In other words be more careful on what you buy and make sure it's what you need and things of quality. Buy an extra can of soup or bottle of water when they are on sale. If you can afford to buy food storage for 3 or 6+ mos then make it happen. Yes, buy a gun (if you don't own one already) get proper instruction and extra ammo because when SHTF the cops will not be there when you need them. Progs don't like this kind of advice but they are the same ones who live in their ivory towers surrounded by a large walls/ fences and have armed security!

Consider James Rickards "testimony" and this post one more warning to the countless ones you have heard that trouble is coming. When? No one knows but isn't it better to be prepared than not?

Minister of Propaganda: Because of Obama's Policies, 'We Staved Off the Second Great Depression'

There is only one honest reply to the Minister of Propaganda... LIAR!

What kind of sick individuals praise writing off 100 million Americans out of work as a success? Yes, unemployment is down only because so many have given up looking for work, many no longer qualifying for benefits are not being counted.

What about the record 46,000,000 Americans receiving food stamps for 38 straight months? Or how about the 48,000,000 living in poverty? Is this something to brag about, that people do not have enough money for food and are living in poverty!? Does any of this sound prosperous to you?

The economy is not booming, there was no recovery and we have NOT staved off the second Great Depression. The US is in fact in a stealth depression and has been for years. Countless times I have said that the economic numbers of today dwarf those of the 1930's that the food lines, job lines etc all images of the first Great Depression have been replaced with unsustainable social entitlement programs. The country is broke, this is a fact or are you not aware of the $18,093,530,000,000 national debt? Do you know that $7,500,000,000,000 of this number has been racked up under obama? The banks, big auto have all been propped up by govt bailouts. The Fed has pumped billions of printed/ digitized money into the economy which has in fact devalued the dollar while charging 0% interest on (printed) money loaned out. What you have here folks is a rubberband being stretched out beyond its tolerance and it will snap back. It's not a question of if but when, and when that happens all hell will break loose...

Earnest, obama, all the bobbleheads in DC for the State of the Union speech have all played a willful role in the destruction of this country. Instead of trying to slow things down and prepare they spend more under the guise of investment by taxing Americans to no end. The longer these idiots lie and delay the inevitable economic collapse the worse it will be for everyone.