The MacDougal Post: Washington Covers up Unemployment/Underemployment Rate Exceeding 60% amidst an Earnings Recession

March 6, 2015

Washington Covers up Unemployment/Underemployment Rate Exceeding 60% amidst an Earnings Recession

With something like 34.5 % of the nation collecting welfare and another maybe 30% forced into taking sh1t jobs because theirs are either 1) "outsourced" to Asia, 2) lost to freaking robots or 3) denied to them by corporate goons buying back stock instead of investing in jobs, how can the Liar-in-Chief talk about anything but a real-life unemployment/underemployment rate of maybe 64.5% or whatever it is? And yet, there he went again today, pointing to another fraudulent number designed solely to let Washington cretins claim they're doing a great job. We don't even know what the crackpot "statistic" came to, and could care less. It's totally imaginary, signifying absolutely nothing but smoke and mirrors.

And the Fed continues to rig the financial markets so that the pack of them can get away with it.

Here's a Seeking Alpha piece by James A. Kostohryz that is worth talking about; we've been here before, on the same perilous stretch of road, and recall enlightened observers bringing it up at those times too:

http://seekingalpha.com/article/2978956-the-earnings-recession-of-2015-stock-market-in-danger?isDirectRoadblock=false&uprof=44

Inside the Scam

Short-sellers flood markets with bogus shares, involving buyers in bookkeeping transactions, not stock, and not telling them about it. Wall Street helps hide the fraud with Madoff accounting, even letting shorts pay dividends as part of this scam, duping investors into believing they get real dividends paid by the company they thought they invested in.

Worse, short-selling, in effect, adds these phony shares to the actual total number reported in company financial statements, which goes into the various earnings per share (EPS) calculations, essential components of the critical metric universally used to value common stocks, the price/earnings ratio (P/E). In a selling frenzy, EPS can be cut from, say, $4.00 to $0.40 or $0.04 or whatever, by the immense volume of fake shares these pretend investors are drubbing the real ones with at point of purchase.

Every reference made to P/E as a calculable metric is a lie. Our stock market is gamed by short-side racketeers, rendering equity investment in this country a massive securities fraud. Their humongous swindle purloins much of our savings during every market downdraft.

Odds are the SEC staff belongs in jail. Gangland racketeering is more than enabled by the complicity of our regulatory hotshots. Mob stooges inside that agency have spearheaded these cons for generations, flat out lying to us all those years.

Surely, the SEC's remarkable contention that short-sellers borrow their shares from you and me is, in its downright absurdity, the nadir of arrogance and criminal obfuscation.

That's why we're never asked to go along with it.

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As our young readers know, any loser who steals mommy and daddy's savings is a stupid ninny.

Wall Street hires the biggest dumbbells in the world. That's because God hates stealers, and the nincompoops don't even know it.

Keep an eye on bad men like hedge fund managers, bank CEOs and proprietary traders right here in The MacDougal Post. Incorrigible dingbats like Mucus Poole-Knightly, Pockets MulGoon, and Lewie the Dip, just to name a few of the head cases found on the site, are contracted to appear here exclusively.

You won't find that kind of financial coverage anywhere else in cyberspace.

Check in with us regularly to find out what's really going on with your money, if there's any left. And when it's all gone, take a shower whenever you can and drop in on us from the local public library.

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March 6, 2015

Washington Covers up Unemployment/Underemployment Rate Exceeding 60% amidst an Earnings Recession

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