NFP more BS from the BLS...............................from Rico

Yesterday was the NFP (non farm payroll) media event to 'show' what a great job our elected tormenters are doing centrally-managing the economy.

 

Huzzah! The media cheerleaders are all saying what great news this is!

- Let's celebrate.

 

Never you mind that the number of full-time jobs as a percentage of total population is at the lowest it's ever been.

 

And about the much hyped 0.5% jump in hourly earnings the breathless teleprompter readers are telling us about?

- Take a look at what they are NOT talking about. It's still below where it was when things economic fell apart.

 

The "wise guys" did their scripted part Yesterday as well. Just as expected.

- A huge "paper raid" and drive-by was conducted on precious metals using the COMEX as a vehicle. Yeah, THAT oughta convince everyone that the dollar is strong, and the economy is recovering nicely.

 

Nothing has been "fixed" but almost everything is now "paper-over" to conceal the cracks of a rapidly crumbling system