Let’s Not Talk About the Unemployment Rate Let’s Talk Participation Rate

Participation Rate Scam

participation rate
Provided by Shadowstats.com

The main stream media is fond of quoting the white house and other federal agencies when talking about the unemployment rate. It is the biggest lie since women said they were equal to men. Sure, if you only count the people that are on unemployment, it will look like unemployment is going down. However, it has been said over and over again that in order to get to pre 2006 employment rates, we would have to add 250,000 jobs every month for 3 years. Wait, let me rephrase that. We would have to add an additional 250,000 jobs every month for 3 years, by the private sector, over and ABOVE filling the jobs that we lose from people being retired or otherwise leaving the labor force altogether, like death.

Many say, the jobs that we had pre 2006 will not come back. With the subsidies that congress and Obama gives corporations to ship jobs overseas, I tend to believe the “experts”. Manufacturing is a joke. Food is a joke. Industrial mining is a joke. In fact it is almost as if we were once again a colony of some European power. We don’t produce any sizable finished products ourselves. We ship in our food on a massive scale. We buy raw materials from overseas, have them shipped to plants overseas, and import the finished products that we have to then pay for. India at least go paid for picking and exporting cotton. Gandhi would have revolted if he were American and alive today.

Continue reading Let’s Not Talk About the Unemployment Rate Let’s Talk Participation Rate

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African American Manifesto: My Black Agenda for Mellenium 2000

African American Manifesto: My Black Agenda for Millennium 2000

African Slaves[I am touched that you wrote me. I have been planning to start a Black business bureau for some time now. I have not written out the plan, but this seems as good a time as any. This letter will not only go to you, but I am now, because you inspired me, will be sending this out to every Black church, Black politician, Black organization in the entire country. I can dedicate a few thousand to this letter and campaign. I am also an online marketing genius and will be doing a major press release of this letter as well. Thank you for inspiring me. Here’s my response to you.]

When African slaves were sold or stolen from Africa, they were first sent to an island just off the coast of west Africa. On this island, they were mind-wiped and the men were brainwashed against the women. For, 95% of Africans were sent to central and south America. In central and south America Africans could hope to live the ripe old age of 23. However, they actually were treated quite a bit better, since they learned skills. However, because their death rate was so high, they never grew in population.

Well, what about that 5% that was sent to America? Because the US had a constitution that said “all men are created equal”, Americans went overboard to make sure Africans were never seen as humans. They went through TWO different mind-wiping sessions. One off the coast of Louisiana, and a 3rd at the auction blocks. However,they were treated with kid gloves, compared to south America. However, they were kept as dumb as rocks. They learned absolutely nothing and it was forbidden to teach them anything, by law. Americans were deathly afraid they would revolt, which actually happened several time, but was kept to just that city. One town was completely slaughtered by Africans. There is even a famous painting about it, however this is not taught in public education.

When slavery was abolished in the US, Africans had been able to live to a much higher age than in south America and grew to be 30% of the population. However, these Africans had been mind-wiped 3 separate times, stripped of religion, origin, family, and culture. Upon their release they knew nothing, literally nothing.

Africans had to teach themselves how to read and write, make a family, farm for themselves, etc. Two things they could not teach themselves: their religion; their cultural origins. Even with these horrible odds, Africans became 80% literate in 50 years, something unheard of in human history.

While there were Africans that flourished in the new free era, most barely got by. A lot were slaughtered by racist white people who saw African freedmen as an economic threat to their livelihood. Many new laws were passed to keep tools out of the Africans hands; minimum wage laws were passed to keep people from hiring Africans; and anything produced by Africans was not allowed to come to market. Many African farmers went under from not being able to sell their produce.

The answer is not a question of just pouring money into the modern African American community. It requires a COMPLETE overhaul.

  • – branding: African Americans need to be branded as a viable and independent political group with our own identity, culture, religion and origin from Africa
  • – BRANDING: we need to produce new art, media, entertainment that if Pan-African, African centered and African inspired, with Africans as the only people in such media [THIS IS MORE IMPORTANT THAN ALL OTHER POINTS]
  • – we need to denounce any and all other groups that try to co-op our history, culture and art, who systematically claim it as their own and as their origination [like the Egyptian story; jewish story; our music; our culture]
  • – as a political group we need to acquire and send lobbyist to every state legislature and the federal congress, to lobby for African political and economic gains [NOT CIVIL RIGHTS]; we need things like the war on drugs stopped, which was intended and used as a racial profiling thing to send Africans into the prison system, to the tune of 75% of all Africans in prison today are there based on drug charges, to the tune of a $75 BILLION a year price tag; we need to remove all racist legislation; we need to understand, read and hold politicians responsible to the constitution, which is our best and only way to eradicate racist legislation; we need to remove Africans off of all social welfare legislation, this has destroyed the African family
  • black married couple and kids– as an independent political group we need to divorce ourselves from the Democrat party; if we are serious about our independence we need to have the capability to vote as a group; voting for the Democrat party has made the Democrats take our votes and voice for granted
  • – we need to control African finance and African money; we need to open and gather in every city African run, operated and owned credit unions; we need to aggressively educate and finance African business; we need to arrest and stop any 3rd parties that are financing and control African business
  • – we need to control all African disposable income and spending; we need to arrest and stop any 3rd parties that are selling commodities in our communites and to Africans in America
  • – we need to control all African necessary expenditures, this includes food, energy and real property; we need to arrest and stop any 3rd party that controls necessities Africans have to pay for
  • – we need to go into our communities, move back in, fix them up, and open up all forms of business that Africans need and use on a daily, weekly, monthly and yearly basis; we need to target and pick locations that have high concentrations of Africans already in them and do our best to move out 3rd parties; we need to open up convenience stores, credit unions, grocers, transportation and everything else needed, in each community so that Africans do not need to go outside of the community to spend money.
  • – we need to start regional stock markets that trade in African produce, commodities, and equities in African firms; this will get African farmers to produce and transport their produce to African stores as one big giant economic circle
  • – we need to connect these regional stock markets with stock markets in the motherland, which are now booming and coming online; 2 new major stock markets have come online recently in Africa and they need more business
  • – we need to understand that marriage is the most stabilizing social factor in our modern time, and we need to encourage our community to get married at every opportunity; marriage also is very strategic and economically good for both people; we need to launch a national campaign to encourage Africans to marry each other; we need to put African marriage in front of our people, through pictures, art, music, entertainment and as a sound business strategy [since it is more economic to be married]
  • – we need to purchase and take private, all historically Black Colleges; we need to control all African education; we need to arrest and stop 3rd parties from mis-educating our African youth, young adults and young professionals; this is exactly what all other groups do; we need to open and start vocational and skill based education for high school and young African adults; we need to access and encourage our youth to understand what they are good at, what they desire and to realize that college is not the answer for nearly 60% of the population; we need to educate our youth that colleges are a business and that they are putting out propaganda that you “should” go to college, in order to rake in money, at the young African’s expense, which they’ll be paying for, for decades; we need to encourage our young African to develop skills, such as automotive, electrical, plumbing etc, for blue collar paychecks, instead of minimum wage

If we are to survive this next century, we need to take some serious stock of what we are doing. We need to realize that, unless we get organized and think of ourselves as a group, we will be treated as chattel, misused, miseducated, and state dependent victims to a socialist state, with our wealth stolen year after year.

As it stands now, Africans in America cannot do anything to protect, save or help our countries in the motherland. Our people are being raped, murdered and wealth stolen by nearly every western power on the planet, and now Asia is getting in on the taking. We need to clean our house and get it in order.

Obama to Bankrupt Country by Raising Minimum Wage

Obama to Bankrupt Country by Raising Minimum Wage

Black CookPresident Obama called for raising the minimum wage to $9/hr. Please tell me how many people will be fired if that happens? How many businesses will have to shut down? How many part time workers, will have their hours cut?

Please understand something: Obama is selling you pie in the sky. We’re adults. We know that a company has to pay, not just the worker’s salary, but his taxes, his state and local taxes, any benefits, unemployment fund, etc etc etc. Raising the minimum wage IN A RECESSION will only be bad. VERY BAD. for the already down economy.

You are not supposed to feed a family of 3 on a minimum wage job. Yes, people do it, but who’s fault is that? For every minimum wage job out there are 2 brain-dead jobs that pay better. Minimum wage means you have NO skill. It isn’t for someone that does immense calculations. If they wanted to pay more, the position would require more.

I guarantee you if the minimum wage is raised, people will get fired. And I mean, A LOT OF PEOPLE.

For those who have been following my blog, you already know from my macroeconomics posts, the minimum wage is a destructive tool that is used for racism and destroys productivity. It bankrupts business, raises labor costs and forces owners to fire the worst workers from his business. You can tolerate a bad worker at a lower wage. You cannot tolerate a bad worker at a higher wage.

U.S. Manufacturing? Say What?

U.S. Manufacturing?

u.s. manufacturingAccording to the latest analyst data, US manufacturing grew slightly in January. But, this is only when comparing it to both China and the Eurozone.

Chinese factories only managed a slight rebound as the new year began,
suggesting that world economic growth remains sluggish.

The euro zone economy, meanwhile, likely contracted again at the end of last year,
though surveys on Friday suggested the worst of the region’s downturn may be over.

In essence this is simply more modest gains, that continue the news of the GDP report. That recent report stated that GDP in q4 contracted by 0.1%. When looking into the GDP report, you see that it indeed was manipulated, both in q3 and in q4.

Continue reading U.S. Manufacturing? Say What?

GDP Down 0.1%? Really? Something Smells Fishy

GDP Down 0.1%?

GDP Down
GDP Down

From my very unskilled analysis, I think a few things are going on here.

1. I think this number is completely manipulated. I don’t think GDP went down 0.1% I would venture GDP is down3% – 7%.

2. we are still not getting anywhere near the real unemployment / labor rates. millions have fallen out of the labor pool and are not being counted. not only are they not counted, they will not be returning because their jobs are not returning. The millions of jobs we lost almost none will return.

3. the 3% tax hike on payroll / income is not new, but you then have to remember back to 2008 when Obama promised to “lower” taxes, only to lower the front end and raise the back end, so that paychecks did not go down, but up. in the aggregate, main street is on the chopping block.

4. there is no 0% tax rate bracket any longer. this is unprecedented. i don’t even know what they hope to gain from people that make $10,000 / yr. it will push them to get onto public assistance, which will be more than they could ever hope to contribute in income taxes. its a shot to the groin area, in my opinion.

This tiny bit of news is just one piece in a very large puzzle. we cannot concentrate on this one piece and make judgments just based on this one pice, but must fit it into the entire tapestry and then make judgments.

The Unemployment Scam and GDP

The Unemployment Scam and GDP

Obama Oops
Obama Oops

The nation’s economy unexpectedly shrank by 0.1 percent in the fourth quarter of 2012, casting fresh doubt on the strength of the economic recovery. The new estimate of gross domestic product (GDP) from the Commerce Department marks the first time the economy shrank since it was in the depths of the recession in mid-2009.

This is not news for anyone paying attention. Unemployment fell an entire 1% twice in the 4th quarter? yet ony 200,000 jobs were allegedly gained? NO! 400,000 people fell off the unemployment rrecords and out of the labor pool. There was no turn around in the economy. There are now over 25 million people out of the labor pool by my calculations. This doesn’t even include the under-employed. This notion of rebounding economy is bogus.

You cannot have actual growth with upwards of 15%-20% [real numbers] of the US being unemployed. They cannot buy goods and services. They cannot pay state, local and federal taxes. They cannot pay indirect taxes via tariffs and excise taxes. You cannot grow the economy with unemployed people.

For the past 4 years, the beltway has put out bogus labor numbers and fixing their books to show GDP expanding. They had the GDP expanding when we were still losing 500,000 jobs each month. People are just not paying attention. It’s as iff Berny Madoff is in the white house.

Unemployment Rate Drop Faked

Unemployment Rate Drop Faked

As more people drop off of unemployment benefits, after 3 years of collecting unemployment, the already fake unemployment rate drops, almost like a rock.

Understand, there are no new jobs and the millions that were lost are not coming back. If you liberals / RINOs cannot understand this, I don’t know what else to say to you.

Deer in Headlights

The government tracks who is ON unemployment. Once your unemployment payments stop, and you cannot receive any more, you fall off the government’s unemployment list. So yes, in 2009 millions lost their jobs, after 3 years of collecting unemployment they used up all their payments and cannot get any more. There was not people being hired by the millions all of a sudden. It would take millions upon millions of people getting a job for the unemployment rate to drop so drastically. However, the real explanation of millions using up their unemployment explains the drop.

“The U.S. economy created jobs at the fastest pace in nine months in January, and the unemployment rate unexpectedly dropped to 8.3 percent, its lowest level in three years, since just after Obama took office.

 The report meant that unemployment has dropped every month since August, when it was 9.1 percent.” – Reuters

The good folks at ZeroHedge [some schmo that goes by the name of Tyler Durden *sigh*][ no i’m not a fan Tyler ] explained it best, so as not to confuse the idiot public.

“A month ago, we joked when we said that for Obama to get the unemployment rate to negative by election time, all he has to do is to crush the labor force participation rate to about 55%. Looks like the good folks at the BLS heard us: it appears that the people not in the labor force exploded by an unprecedented record 1.2 million. No, that’s not a typo: 1.2 million people dropped out of the labor force in one month! So as the labor force increased from 153.9 million to 154.4 million, the non institutional population increased by 242.3 million meaning, those not in the labor force surged from 86.7 million to 87.9 million. Which means that the civilian labor force tumbled to a fresh 30 year low of 63.7% as the BLS is seriously planning on eliminating nearly half of the available labor pool from the unemployment calculation. As for the quality of jobs, as withholding taxes roll over Year over year, it can only mean that the US is replacing high paying FIRE jobs with low paying construction and manufacturing. So much for the improvement.

This is the largest absolute jump in ‘Persons Not In Labor Force’ on record... and biggest percentage jump in 30 years.”

Floyd Norris of The New York Times says:

“How many jobs did the American economy add in January?

The Labor Department estimated on Friday that the economy gained 243,000 jobs.

The department also estimated that the economy lost 2,689,000 jobs in the month.

The difference in the two numbers is in seasonal adjustment. Employment always falls in January, as temporary Christmas jobs end. So the government applies seasonal adjustment factors in an effort to discern the real trend of the economy apart from seasonal fluctuations. The actual survey showed the big loss in jobs. The seasonal adjustments produced the reported gain of 243,000 jobs.

A reason to doubt the number is that there has been a tendency in this cycle for the seasonal factors to overstate moves, in both directions. Labor mobility is down, as fewer workers quit to seek better jobs and employers both hire and fire fewer people than they used to do. If the seasonal adjustment was too large, then the gain should be smaller.”

And for a real kick in the nuts, we have Numerian over at The Economic Populist reporting:

First, ever since the credit crisis of 2008, there has been a trend in the unemployment report that shows a declining participation rate in the job market. While a whopping number of jobs were created in January, a far larger number of people left the labor force – 1,752,000 in fact. The percent of the total working population who did not have jobs rose to 36.7%, an all time high. It’s no wonder the unemployment rate fell, when the denominator shrinks so markedly. The total number of people employed fell by 737,000. So what do you want to celebrate – the 243,000 who got jobs, or the million or so people who dropped by the wayside and are no longer counted in the data?

To put it bluntly, Obama is not your savior and there was no job creation that rocked 2 million strong in the month of January. People are not working, so much, that their not working dropped them off the list, to the tune of 1.2 million people gone off list. If you account for those people, unemployment is going strong at 10.9%. The numbers reported are faked.

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