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Is The Government Misrepresenting Unemployment By 32%?

Does a bear shit in the woods? I mean hell guys the thugs running our government take us for easy marks because some of us think that stealing from the productive is legitimate, others think that our government couldn’t possibly be corrupt and others think that it is only corrupt when this or that party is in power. No one apparently understands that what we have in Washington DC are a bunch of thugs who imagine that I OWE them everything I produce and that these thugs apparently work in both parties.

Well we are waking up and part of that process of waking up is finding out just how much the government is lying to us. For INSTANCE!

Hey what if the Government simply decided to lie to us about how they spent our money? What then? Here is a terrific find by Zero Hedge.

There is an old saying, "when in doubt follow the money." These days investors have lots of doubt about pretty much everything (if not so much money). And with data from the government increasingly bearing the Quality Control stamp of approval of the Beijing Communist Party, there is much doubt in store courtesy of an administration which will stop at nothing in its competition with China as to who can blow the biggest asset bubble the fastest, data integrity be damned. Undoubtedly, of all government released data, the most important is, and continues to be, anything relating to unemployment. This is precisely where the government’s propaganda armada is focused. Yet in matters of (un)employment, the ultimate authority is, luckily, the Treasury, and not the Fed. "Luckily," because when it comes to making money "difficult to follow" Tim Geithner’s office still has much to learn. Which is why when we looked at the Daily Treasury Statement data we were very surprised: because it indicates that the government could be under-representing employment data by up to 32%!

Is The Government Misrepresenting Unemployment By 32%? | zero hedge

I would bet dollars to donuts that this money has simply disappeared. Gone down into the rat-holes of the politically favored pockets. Into corrupt politicians pockets, gone down into corrupt organizations pockets, organizations like ACORN, went to pay off intelligence officials who surely know what is going on in our government but are being paid off.

But hey maybe I am wrong. Maybe all of this money is really going to unemployed folks and the government is simply not being honest about how many of our fellow citizen’s lives the government has ruined with their policies.

I certainly hope there is a better explanation than what I imagine I would hate to see the reaction of my fellow citizens if this were simple highway robbery. Tar and feathers would be too kind.

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  1. [...] Pierre Legrand – Is The Government Misrepresenting Unemployment By 32%? [...]

  2. [...] All governments, Democratic and Republican, systematically misrepresent unemployment.  Pierre Legrand, however, thinks that the current government may be taking this venerable tradition to new extremes. [...]

  3. [...] Financial News Update – 01/01/2010 Published in January 1st, 2010 Posted by TMH in Financial, Politics, Taxation Is The Government Misrepresenting Unemployment By 32% [...]

  4. [...] This post was mentioned on Twitter by CVRepublic, D. Hickerson. D. Hickerson said: "…what if the Government simply decided to lie to us about how they spent our money?" http://tinyurl.com/yldm8yo #ocra [...]

  5. [...] Michael Mann Being Investigated By Penn State Pierre Legrand’s Pink Flamingo Bar: Is The Government Misrepresenting Unemployment By 32%? Blue Crab Boulevard: Imagining Or Inventing New Jobs Isn’t Working Burt Prelutsky, Big Hollywood: [...]