Monthly Archives: August 2015

Rod Blagojevich appeal rehearing denied, Attorney Len Goodman appeal to US Supreme Court, Resentencing next, Blagojevich exposes Obama corruption or receives pardon?, What was their deal?

Rod Blagojevich appeal rehearing denied, Attorney Len Goodman appeal to US Supreme Court, Resentencing next, Blagojevich exposes Obama corruption or receives pardon?, What was their deal?

Why did Patrick Fitzgerald and the US Justice Department wait until December 2008 to arrest Rod Blagojevich?”…Citizen Wells

“I believe I’m more pristine on Rezko than him.”…Rod Blagojevich

“Regardless of how this plays out, it benefits Obama. If there is no appeal or the appeal is denied, Blagojevich will be sequestered. If the appeal proceeds, it could drag out beyond impacting the 2012 election cycle. The intent is obvious.”…Citizen Wells, July 19, 2011

 

 

From Fox News August 19, 2015.

“A full appellate court indicated Wednesday that it will not rehear an appeal of Rod Blagojevich’s corruption convictions, and his lawyer responded that the imprisoned former Illinois governor will appeal next to the U.S. Supreme Court.

After a three-judge panel tossed out five of his 18 convictions in July, the Democrat had hoped the full court might overturn even more. But the 7th U.S. Circuit Court of Appeals posted a notice Wednesday saying not a single judge on the court asked for a rehearing.

Blagojevich, 58, is serving a 14-year prison sentence at a federal prison in Colorado on convictions including his attempt to sell an appointment to President Barack Obama’s old U.S. Senate seat.

An appeal to the high court is a last slim hope for Blagojevich, who proclaimed his innocence for years on talk shows, including NBC’s “The Apprentice” when Donald Trump still presided over the reality show.

There’s no guarantee the Supreme Court would even agree to hear Blagojevich’s appeal. It accepts only around 80 cases a year out of more than 10,000 requests to take up a case, according to court data. It also favors cases that raise unique, weighty issues.

Defense attorney Leonard Goodman, however, suggests that the Supreme Court might agree to a view that 7th Circuit judges did not agree with: That in each case of alleged corruption, Blagojevich was participating in legal, run-of-the-mill politicking.

Allowing all the convictions to stand, Goodman said in a written statement, “puts every public official who must raise campaign funds to stay in office and to be effective at the mercy of an ambitious or politically motivated federal prosecutor.””

“In a modest win for Blagojevich, the panel ordered that he be brought back to Chicago to be resentenced, something that could happen within the next several months. But it also said his original 14-year sentence might be considered fair even after subtracting the five overturned counts.”

Read more:

http://www.foxnews.com/politics/2015/08/19/full-court-wont-rehear-blagojevich-appeal/

 

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Hillary Clinton emails hacked?, Senate Homeland Security Chairman Ron Johnson worried, FBI Director James Comey deeply concerned classified information in Secretary Clinton’s email may exist outside of federal government’s possession

Hillary Clinton emails hacked?, Senate Homeland Security Chairman Ron Johnson worried, FBI Director James Comey deeply concerned classified information in Secretary Clinton’s email may exist outside of federal government’s possession

“I think the most compelling thing about Hillary is that she will stop at nothing to achieve her end and that she views the public as plebeians easily seduced into believing her point of view.”…Linda Tripp

“By July 1993, the Clintons and their associates had established
a pattern of concealment with respect to the Clintons’ involvement
with Whitewater and the Madison S&L. Because of the complexity
of the allegations of misdeeds involving these institutions, documents
and files are critical to any inquiries into the matter. Yet,
at every important turn, crucial files and documents ‘‘disappeared’’
or were withheld from scrutiny whenever questions were raised.…Senate Whitewater report June 13, 1996

“We are being lied to on a scale unimaginable by George Orwell.”…Citizen Wells

 

 

From the Daily Caller August 18, 2015.

“Unsecured Hillary Emails, Hackers Worry Senate Homeland Security Chairman”

“Federal officials and Hillary Clinton’s lawyers may not be the only ones with copies of the former secretary of state’s official emails, according to Senate Committee on Homeland Security and Governmental Affairs Chairman Ron Johnson.

Johnson, a Wisconsin Republican, told FBI Director James Comey in an August 17 letter that he is “deeply concerned by recent reports that classified information in Secretary Clinton’s email may exist outside of the federal government’s possession.”

The homeland committee chairman wants Comey to explain “whether additional unsecured copies of classified information currently exists.”

Johnson also said he is worried that hackers, foreign governments or other unauthorized persons may have hacked Clinton’s emails. He asked Comey for answers by August 31.

“The very nature of this kind of material is that it’s transferable,” a congressional source familiar with the Senate investigation told the Daily Caller News Foundation Tuesday.

“There are a lot questions out there about whether additional copies or even hard copies were made elsewhere,” the source said.

The DCNF reported Tuesday that the State Department has yet to provide the House Select Committee on Benghazi information on the chain of custody of Clinton’s email even though that material was first requested months ago.

The chain of custody is essential to determining whether Clinton, any of her government or campaign aides or other State Department officials violated federal law concerning the handling of classified documents in connection with her use of a email private server at her New York residence. between 2009 and 2013.

Clinton surrendered the server to the FBI on August 11, as well as three thumbnail flash drivers possessed by her attorney, David Kendall, who held them in a secure room at his law office of Williams & Connolly in Washington, D.C.

During the same time, another “backup server” was picked up by the FBI from a “third party” IT company in New Jersey that was under contract to Platte River Networks, a small Colorado IT company that signed a contract to upgrade and maintain her personal server system in 2013. The DCNF reported Friday that Platte River is not certified by the Department of Defense to handle classified material.”

Read more:

http://dailycaller.com/2015/08/18/unsecured-hillary-emails-hackers-worry-senate-homeland-security-chairman/

Attorney Barbara Wells Hillary Clinton data migrated to different server June 2013, Platte River Network handed old server to FBI, Clinton attorney David Kendall handed over three thumb drives that contained Clinton’s emails

Attorney Barbara Wells Hillary Clinton data migrated to different server June 2013, Platte River Network handed old server to FBI, Clinton attorney David Kendall handed over three thumb drives that contained Clinton’s emails

“I think the most compelling thing about Hillary is that she will stop at nothing to achieve her end and that she views the public as plebeians easily seduced into believing her point of view.”…Linda Tripp

“By July 1993, the Clintons and their associates had established
a pattern of concealment with respect to the Clintons’ involvement
with Whitewater and the Madison S&L. Because of the complexity
of the allegations of misdeeds involving these institutions, documents
and files are critical to any inquiries into the matter. Yet,
at every important turn, crucial files and documents ‘‘disappeared’’
or were withheld from scrutiny whenever questions were raised.…Senate Whitewater report June 13, 1996

“We are being lied to on a scale unimaginable by George Orwell.”…Citizen Wells

 

 

From the Daily Caller.

“Hillary Clinton’s Server Was In New Jersey This Whole Time. It’s Blank Now.”

“Democratic presidential candidate Hillary Clinton’s mysterious email server has been in a private data center in New Jersey since 2013, that is, until the IT company the former secretary of state hired to maintain the hardware handed the “blank” device over to the FBI Wednesday.

Clinton’s attorney, David Kendall, informed the Department of State in a letter Wednesday that the company hired to manage and maintain the server, Denver-based Platte River Networks, was turning it over to the Department of Justice. Kendall also told State he handed over three thumb drives that contained Clinton’s emails.

The Washington Post reported the FBI recently contacted the company to obtain the server. That move followed reports that the Intelligence Community inspector general had discovered that at least two emails maintained in Clinton’s records contained “Top Secret” information.

The server was housed in the basement of Clinton’s Chappaqua, N.Y. home while she was secretary of state. After she left office, Clinton hired Platte River Networks, which moved the system from her home to a private data center in New Jersey.”

Barbara Wells, an attorney for the company, told The Post agents picked the server up at around 4 p.m. Wednesday. But she said the hardware is “now blank” and no longer contains any useful information.

“The information had been migrated over to a different server for purposes of transition,” said Wells. The transfer was carried out in June 2013, she told The Post.

“To my knowledge the data on the old server is not available now on any servers or devices in Platte River Network’s control.””

Read more:

http://dailycaller.com/2015/08/13/hillary-clintons-server-was-in-new-jersey-this-whole-time-its-blank-now/

So, emails to and from the Secretary of State have been moved all over the country and available for numerous people to peruse and Hillary wants to be our president.

 

Food bank demand reveals real economy, Obama jobs are mostly part time low wage and going to immigrants, White American employment decimated under Obama, Census bureau reports 1 in 5 children receives food stamps, Higher than before 2007 recession

Food bank demand reveals real economy, Obama jobs are mostly part time low wage and going to immigrants, White American employment decimated under Obama, Census bureau reports 1 in 5 children receives food stamps, Higher than before 2007 recession

“All of the employment gains among women since the recession hit in December 2007 have been taken by foreigners, even at a time when the numbers of U.S.-born women surged more than 600,000, according to new federal statistics.”…Washington Examiner August 7, 2015

“There’s no other way to say this. The official unemployment rate, which cruelly overlooks the suffering of the long-term and often permanently unemployed as well as the depressingly underemployed, amounts to a Big Lie.”…Gallup CEO Jim Clifton 

“We are being lied to on a scale unimaginable by George Orwell.”…Citizen Wells

 

 

The horses’ asses in the White House are not telling you the truth about the economy and real jobs situation.

The horses’ asses in the media are not either.

But the truth cannot be hidden forever.

Look at the suffering around you.

I am constantly hearing reports of local and national food banks running out of food and the sharp increase in demand.

It stands to reason that with the near depression level jobs market that we have that people would be forced to stand in bread and soup lines.

From the Associated Press August 13, 2015.

“FOOD BANKS STRUGGLE TO MEET SURPRISING DEMAND”

“Food banks across the country are seeing a rising demand for free groceries despite the growing economy, leading some charities to reduce the amount of food they offer each family.

U.S. food banks are expected to give away about 4 billion pounds of food this year, more than double the amount provided a decade ago, according to Feeding America, the nation’s primary food bank network. The group gave away 3.8 billion in 2013.

While reliance on food banks exploded when the economy tanked in 2008, groups said demand continues to rise year after year, leaving them scrambling to find more food.

“We get lines of people every day, starting at 6:30 in the morning,” said Sheila Moore, who oversees food distribution at The Storehouse, the largest pantry in Albuquerque, New Mexico, and one where food distribution has climbed 15 percent in the past year.

Across the country in Gloucester, Massachusetts, The Open Door food pantry has given away 7.6 percent more food this summer than last, said the organization’s executive director, Julie LaFontaine.”

“James Ziliak, who founded the Center for Poverty Research at the University of Kentucky, said the increased demand is surprising since the economy is growing and unemployment has dropped from 10 percent during the recession to 5.3 percent last month.

However, many people who have found jobs are working only part-time or for low wages, and others have stopped looking for work.”

“People who have low-wage jobs, who aren’t receiving regular raises, are finding those earnings stretched thin,” Ziliak said.

The drop in food stamp rolls by nearly 2.5 million people from recession levels could be contributing to the food bank demand, he said, because people who no longer qualify for the government aid may still not earn enough to pay their bills.

Read more:

http://hosted.ap.org/dynamic/stories/U/US_FOOD_BANKS_IN_DEMAND?SITE=AP&SECTION=HOME&TEMPLATE=DEFAULT&CTIME=2015-08-13-13-27-53

From the US Census Bureau.

“One in Five Children Receive Food Stamps, Census Bureau Reports”

“The number of children receiving food stamps remains higher than it was before the start of the Great Recession in 2007, according to the U.S. Census Bureau’s annual Families and Living Arrangements table package released today.

The rate of children living with married parents who receive food stamps has doubled since 2007. In 2014, an estimated 16 million children, or about one in five, received food stamp assistance compared with the roughly 9 million children, or one in eight, that received this form of assistance prior to the recession.”

http://www.census.gov/newsroom/press-releases/2015/cb15-16.html

From Citizen Wells August 10, 2015.

“Citizen Wells has been warning you.

All of those so called job gains under Obama, many of which are part time, low paying jobs, don’t add up to employment for US born citizens.

Just yesterday we reported that the monthly jobs added don’t add up at all, unless you use Orwellian math.

“Let’s examine the latest jobs report.

“Total nonfarm payroll employment increased by 215,000 in July, and the unemployment rate was unchanged at 5.3 percent, the U.S. Bureau of Labor Statistics reported today.”

http://www.bls.gov/news.release/empsit.nr0.htm

For the rest of the data we will access the same US Labor Dept. Historical tables.

Change from June to July:

Total employed + 101,000

White – 62,000 (you read that right, minus)

Black + 33,000

Asian + 21,000

Hispanic – 27,000

See anything wrong with that?

215,000 jobs added???

It gets worse.

Change from January to July:

Regardless of which revision to the monthly jobs report that you use, if you add up the mythical jobs added from February to July 2015 you get well over 1.2 million.

How does this square with the employment changes from the US Labor Dept?

Total employed + 639,000

White – 155,000 (you read that right, minus)

Black + 463,000

Asian + 211,000

Hispanic + 69,000

See any problems there?”

https://citizenwells.com/2015/08/09/monthly-us-labor-dept-jobs-data-not-matching-employment-where-are-donald-trump-rush-limbaugh-sean-hannity-6-month-comparison-reveals-total-employment-only-up-639k-white-employment-down-155k-fin/

Using the same US Labor Dept. Historical charts that the Washington Examiner used below, you will find that under the first 6 years of Obama, 75 percent of employment gains went to Hispanics.

From the Washington Examiner August 7, 2015.

“Jobs shock: 100% of female employment gains taken by foreigners since 2007

All of the employment gains among women since the recession hit in December 2007 have been taken by foreigners, even at a time when the numbers of U.S.-born women surged more than 600,000, according to new federal statistics.”

https://citizenwells.com/2015/08/10/female-job-gains-since-2007-taken-by-immigrants-us-born-women-lost-64k-jobs-foreign-born-women-gained-1-million-jobs-25-million-foreign-workers-hold-jobs-inside-the-united-states-first-6-years-of/

 

 

Wendy’s minimum wage hike impact on employment, Businesses do not pay for taxes and minimum wage hikes employees and consumers do, Last minimum wage increase eliminated 300k jobs, Obamacare and Obama part time job economy will worsen

Wendy’s minimum wage hike impact on employment, Businesses do not pay for taxes and minimum wage hikes employees and consumers do, Last minimum wage increase eliminated 300k jobs, Obamacare and Obama part time job economy will worsen

“The truth is, raising the minimum wage could be just about the worst thing he could do for the jobs market. We are already 7 million jobs in the hole, 7 million fewer jobs than when the President took office. Raising the minimum wage means employers whose businesses are struggling will simply get rid of jobs. They will cut workers. According to the Heritage Foundation, the last minimum wage increase eliminated 300,000 jobs”…Gerri Willis Fox News February 13, 2013

“One of the CBO’s most intriguing estimates is that by 2017 there will be 2 million fewer full-time jobs on the market than there would have been without Obamacare, and that figure could climb to 2.5 million by 2024.”…Market Watch February 4, 2014

“We are being lied to on a scale unimaginable by George Orwell.”…Citizen Wells

 

 

We have Hillary Clinton talking about raising taxes, Obama and the left trying to raise the minimum wage and this all sounds great to low information voters.

The reality is that these measures kill jobs and hurt the very people they are supposed to help.

From Fox Business February 13, 2013.

“The truth is, raising the minimum wage could be just about the worst thing he could do for the jobs market. We are already 7 million jobs in the hole, 7 million fewer jobs than when the President took office. Raising the minimum wage means employers whose businesses are struggling will simply get rid of jobs. They will cut workers. According to the Heritage Foundation, the last minimum wage increase eliminated 300,000 jobs,

For a president who says he won’t sleep until everybody who wants a job has one, get some NoDoz because there are going to be some sleepless nights.

There are unintended consequences of a higher wage policy, but there is also the fact that the President inaccurately depicts the people on minimum wage. If you surmised from the President’s description that minimum wage workers were single mothers balancing a job at McDonald’s and caring for her children, you’d be wrong.  Most minimum wage workers aren’t adults but people 25 years of age and under, and 60% work part-time.

The true picture of the typical minimum wage worker is a high school or college student with a part-time job, balancing work with the demands of an academic life. Do they deserve a 14% pay hike?

According to the Heritage Foundation, people who are paid minimum wage typically live in households with incomes two or more times over the official poverty level. Non-economists refer to them as mom and dad.

Here’s what the President doesn’t understand that you probably do: minimum wage jobs are training positions. The employer contributes every bit as much to the worker in terms of training teaching job skills, good work habits, how to meet expectations, as the worker does. That’s why these folks aren’t getting top dollar. They are newbies.

The job market is full of people performing at different levels and they all don’t get paid the same amount of money! That is fair, right and good.

Oh, and by the way, two-thirds of minimum wage workers don’t earn minimum wage after a year. They get a raise!”

Read more:

http://www.foxbusiness.com/on-air/willis-report/blog/2013/02/13/obama-s-minimum-wage-job-killer

From Zero Hedge August 11, 2015.

“Wendy’s Explains What Happens When Fry Cooks Make $15/Hour”

“At the most basic level, the argument against hastily construed wage hikes is that forcing employers to pay everyone more will simply prompt companies to fire people or at the very least, curtail hiring. As one Burger King franchisee recently told CBS, “[fast food] businesses are not going to pay $15 dollars an hour [because] the economics don’t work in this industry. There is a limit to what you’re going to pay for a hamburger.”

With that in mind, we present the following commentary from Wendy’s most recent conference call with no comment:

Todd A. Penegor – Chief Financial Officer & Senior Vice President
Yeah. So we continue to see pressure on wages two fronts, one is minimum wages at the state level continue to increase, and as there is a war on talent to make sure that we’re competitive in certain markets. So we’ve made some adjustments to that starting wage in certain markets. The impact hasn’t been material at the moment, but we continue to look at initiatives on how we do work to offset any impact to future wage inflation through technology initiatives, whether that’s customer self-order kiosks, whether that’s automating more in the back of the house in the restaurant, and you’ll see a lot more coming on that front later this year from us.

John William Ivankoe – JPMorgan Securities LLC
Okay, understood. I mean there is obviously a lot of discussion of wage prices, wage costs and that there would be increased pricing at the franchise level to offset those increased wages, especially in markets like New York for example that are going to see some very severe increases in wage costs. So can you juxtapose the franchisees’ desire and/or need to take pricing at the store level with what sounds like an increased focus overall for the brand on value, can those two things be achieved simultaneously?

Emil J. Brolick – President, Chief Executive Officer & Director
Yeah, John, this is Emil. And our franchisees, I find them to be very astute business people, and they have a great sense of their trade areas where their restaurants are and a great I think understanding of what the competitive environment is in terms of their capacity to price. I think the reality is that what you will see in like some of these markets, the New Yorks, where there is these very significant increases, is that they will be – our franchisee will slightly likely look at the opportunity to reduce overall staff, look at the opportunity to certainly reduce hours and any other cost reduction opportunities, not just price. There are some people out there who naively say that these wages can simply be passed along in terms of price increases. I don’t think that the average franchisee believes that, and there will have to be other consequences, which is why we have pointed out that unfortunately we believe the some of these increases will clearly end up hurting the people that they are intended to help.”

Read more:

http://www.zerohedge.com/news/2015-08-11/wendys-explains-what-happens-when-fry-cooks-make-15hour

 

 

Female job gains since 2007 taken by immigrants, US born women lost 64k jobs, Foreign born women gained 1 million jobs, 25 million foreign workers hold jobs inside the United States, First 6 years of Obama 75 percent of employment went to Hispanics

Female job gains since 2007 taken by immigrants, US born women lost 64k jobs, Foreign born women gained 1 million jobs, 25 million foreign workers hold jobs inside the United States, First 6 years of Obama 75 percent of employment went to Hispanics

“All of the employment gains among women since the recession hit in December 2007 have been taken by foreigners, even at a time when the numbers of U.S.-born women surged more than 600,000, according to new federal statistics.”…Washington Examiner August 7, 2015

“There’s no other way to say this. The official unemployment rate, which cruelly overlooks the suffering of the long-term and often permanently unemployed as well as the depressingly underemployed, amounts to a Big Lie.”…Gallup CEO Jim Clifton 

“We are being lied to on a scale unimaginable by George Orwell.”…Citizen Wells

 

 

Citizen Wells has been warning you.

All of those so called job gains under Obama, many of which are part time, low paying jobs, don’t add up to employment for US born citizens.

Just yesterday we reported that the monthly jobs added don’t add up at all, unless you use Orwellian math.

“Let’s examine the latest jobs report.

“Total nonfarm payroll employment increased by 215,000 in July, and the unemployment rate was unchanged at 5.3 percent, the U.S. Bureau of Labor Statistics reported today.”

http://www.bls.gov/news.release/empsit.nr0.htm

For the rest of the data we will access the same US Labor Dept. Historical tables.

Change from June to July:

Total employed + 101,000

White – 62,000 (you read that right, minus)

Black + 33,000

Asian + 21,000

Hispanic – 27,000

See anything wrong with that?

215,000 jobs added???

It gets worse.

Change from January to July:

Regardless of which revision to the monthly jobs report that you use, if you add up the mythical jobs added from February to July 2015 you get well over 1.2 million.

How does this square with the employment changes from the US Labor Dept?

Total employed + 639,000

White – 155,000 (you read that right, minus)

Black + 463,000

Asian + 211,000

Hispanic + 69,000

See any problems there?”

https://citizenwells.com/2015/08/09/monthly-us-labor-dept-jobs-data-not-matching-employment-where-are-donald-trump-rush-limbaugh-sean-hannity-6-month-comparison-reveals-total-employment-only-up-639k-white-employment-down-155k-fin/

Using the same US Labor Dept. Historical charts that the Washington Examiner used below, you will find that under the first 6 years of Obama, 75 percent of employment gains went to Hispanics.

From the Washington Examiner August 7, 2015.

“Jobs shock: 100% of female employment gains taken by foreigners since 2007

All of the employment gains among women since the recession hit in December 2007 have been taken by foreigners, even at a time when the numbers of U.S.-born women surged more than 600,000, according to new federal statistics.

The jobs data released by the Bureau of Labor Statistics showed gains in the “employment level” among “foreign born women” and losses among “native born women.”

The charts show that 9.041 million foreign-born women held jobs in December of 2007 compared to 10.028 million today – or a gain of roughly 1 million jobs.

In contrast, 59.322 million U.S.-born women held jobs in December of 2007 compared to 59.258 million today – or a loss of nearly 64,000 jobs.

Overall, nearly 25 million foreign workers, men and women, hold jobs inside the United States, according to a Senate immigration expert.”

http://www.washingtonexaminer.com/jobs-shock-100-of-female-employment-gains-taken-by-foreigners-since-2007/article/2569824?utm_campaign=Washington%20Examiner:%20Washington%20Secrets%20PMI&utm_source=Washington%20Examiner:%20Washington%20Secrets%20PMI%20-%2008/07/15&utm_medium=email

Monthly US Labor Dept. jobs data not matching employment, Where are Donald Trump Rush Limbaugh Sean Hannity??, 6 month comparison reveals total employment only up 639k, White employment down 155k, Financial markets react to flawed monthly data

Monthly US Labor Dept. jobs data not matching employment, Where are Donald Trump Rush Limbaugh Sean Hannity??, 6 month comparison reveals total employment only up 639k, White employment down 155k, Financial markets react to flawed monthly data

“There’s no other way to say this. The official unemployment rate, which cruelly overlooks the suffering of the long-term and often permanently unemployed as well as the depressingly underemployed, amounts to a Big Lie.”…Gallup CEO Jim Clifton 

“But actually, he thought as he re-adjusted the Ministry of Plenty’s figures, it was not even forgery. It was merely the substitution of one piece of nonsense for another. Most of the material that you were dealing with had no connexion with anything in the real world, not even the kind of connexion that is contained in a direct lie. Statistics were just as much a fantasy in their original version as in their rectified version. A great deal of the time you were expected to make them up out of your head. For example, the Ministry of Plenty’s forecast had estimated the output of boots for the quarter at one-hundred-and-forty-five million pairs. The actual output was given as sixty-two millions. Winston, however, in rewriting the forecast, marked the figure down to fifty-seven millions, so as to allow for the usual claim that the quota had been overfulfilled. In any case, sixty-two millions was no nearer the truth than fifty-seven millions, or than one-hundred-and-forty-five millions. Very likely no boots had been produced at all. Likelier still, nobody knew how many had been produced, much less cared. All one knew was that every quarter astronomical numbers of boots were produced on paper, while perhaps half the population of Oceania went barefoot. And so it was with every class of recorded fact, great or small. Everything faded away into a shadow-world in which, finally, even the date of the year had become uncertain.”…George Orwell “1984″

“We are being lied to on a scale unimaginable by George Orwell.”…Citizen Wells

 

 

Why are the financial markets reacting to flawed monthly data from the US Labor Dept. instead of employment trends over several or more months from the same source?

Why is the media, including conservative media, regurgitating the monthly fictional jobs data as if it were the gospel truth?

Where are Donald Trump, Rush Limbaugh, Sean Hannity and others on this Orwellian misportrayal of reality?

Most of us paying attention know that the monthly jobs data from the US Labor Dept. does not reflect reality.

We know this from the enormous numbers of people who have dropped out of the labor force, economic indicators and hunger around us.

We also know this because of the record number of millenials and other age groups who have been forced to live with family and friends.

Let’s examine the latest jobs report.

“Total nonfarm payroll employment increased by 215,000 in July, and the unemployment rate was unchanged at 5.3 percent, the U.S. Bureau of Labor Statistics reported today.”

http://www.bls.gov/news.release/empsit.nr0.htm

For the rest of the data we will access the same US Labor Dept. Historical tables.

Change from June to July:

Total employed + 101,000

White – 62,000 (you read that right, minus)

Black + 33,000

Asian + 21,000

Hispanic – 27,000

See anything wrong with that?

215,000 jobs added???

It gets worse.

Change from January to July:

Regardless of which revision to the monthly jobs report that you use, if you add up the mythical jobs added from February to July 2015 you get well over 1.2 million.

How does this square with the employment changes from the US Labor Dept?

Total employed + 639,000

White – 155,000 (you read that right, minus)

Black + 463,000

Asian + 211,000

Hispanic + 69,000

See any problems there?

The financial markets, the Fed are making decisions based on the flawed monthly data and it keeps getting reported.

People on this site often ask what can I do.

My answer: help get the word out, help counteract the Orwellian lies we are constantly being bombarded with.

From the US Labor Department on how they conjure up these numbers.

“1. Why are there two monthly measures of employment?

The household survey and establishment survey both produce sample-based estimates of employment, and both have strengths and limitations. The establishment survey employment series has a smaller margin of error on the measurement of month-to-month change than the household survey because of its much larger sample size. An over-the-month employment change of about
100,000 is statistically significant in the establishment survey, while the threshold for a statistically significant change in the household survey is about 400,000. However, the household survey has a more expansive scope than the establishment survey because it includes self-employed workers whose businesses are unincorporated, unpaid family workers, agricultural workers, and private household workers, who are excluded by the establishment survey. The household survey also provides estimates of employment for demographic groups.”

“5. Does the establishment survey account for employment from new businesses?

Yes; monthly establishment survey estimates include an adjustment to account for the net employment change generated by business births and deaths. The adjustment comes from an econometric model that forecasts the monthly net jobs impact of business births and deaths based on the actual past values of the net impact that can be observed with a lag from the Quarterly Census of Employment and Wages. The establishment survey uses modeling rather than sampling for this purpose because the survey is not immediately able to bring new businesses into the sample. There is an unavoidable lag between the birth of a new firm and its appearance on the sampling frame and availability for selection. BLS adds new businesses to the survey twice a year.”

“Reliability of the estimates

Statistics based on the household and establishment
surveys are subject to both sampling and nonsampling error.
When a sample, rather than the entire population, is
surveyed, there is a chance that the sample estimates may
differ from the true population values they represent. The
component of this difference that occurs because samples
differ by chance is known as sampling error, and its
variability is measured by the standard error of the estimate.
There is about a 90-percent chance, or level of confidence,
that an estimate based on a sample will differ by no more
than 1.6 standard errors from the true population value
because of sampling error. BLS analyses are generally
conducted at the 90-percent level of confidence.

For example, the confidence interval for the monthly
change in total nonfarm employment from the establishment
survey is on the order of plus or minus 105,000. Suppose the
estimate of nonfarm employment increases by 50,000 from
one month to the next. The 90-percent confidence interval on
the monthly change would range from -55,000 to +155,000
(50,000 +/- 105,000). These figures do not mean that the
sample results are off by these magnitudes, but rather that
there is about a 90-percent chance that the true over-themonth
change lies within this interval. Since this range
includes values of less than zero, we could not say with
confidence that nonfarm employment had, in fact, increased
that month. If, however, the reported nonfarm employment
rise was 250,000, then all of the values within the 90-percent
confidence interval would be greater than zero. In this case,
it is likely (at least a 90-percent chance) that nonfarm
employment had, in fact, risen that month. At an
unemployment rate of around 6.0 percent, the 90-percent
confidence interval for the monthly change in unemployment
as measured by the household survey is about +/- 300,000,
and for the monthly change in the unemployment rate it is
about +/- 0.2 percentage point.”

http://www.bls.gov/news.release/pdf/empsit.pdf