121008 – Labor Department Jumping the Shark?



Today’s Items:

First…
Phony Government Release Used To Attack Gold Market
http://kingworldnews.com

Michael Pento believes that the true employment situation, not just in the US, but around the world, will force investors around the world into buying precious metals.    With only 114,000 jobs created in September, that is far below the FED’s public statement that additional 250,000 jobs are needed each month before the FED would change its monetary policy stance.    Michael Pento goes on to say that bonds will be a loser and that hard assets have a long history keeping pace with inflation.

Next…
Labor Department Jumping the Shark?
http://www.breitbart.com

Labor Secretary Hilda Solis, following in the foot steps of Holder, has made some interesting claims that were not true.    1. She claimed that the 86,000 upward revision in jobs was from the private sector, when, in fact, they were government jobs.   2. The 0.3 percentage drop from 8.1 to 7.8 percent even have the mainstream media questioning the number.   When she was questioned about it by the press, Hilda stated she was insulted.   Well, Hilda, we are insulted by this in-your-face manipulation that people on both sides of the isle are questioning.    Of course, Hilda stated that “We are all Americans, whether you are legalized or not.

Next…
Housing: Plenty Of Reasons To Be Pessimistic
http://www.zerohedge.com

Here are a few reasons…
1. Shadow inventory is far greater than it was during the go-go years,
2. Demographic factors; in that, the older population are going for scaled down houses.
3. Policy-making in Washington and by the Federal Reserve

Next…
Critical Economic Issues Obama and Romney Avoided in the Debate
http://theeconomiccollapseblog.com

Here are a few items that were not mentioned a single time during the debate…
1. Ben Bernanke
2. The Federal Reserve
3. Quantitative Easing
4. Derivatives
5. The millions of jobs shipped overseas
6. The dollar being rejected as the World reserve currency by other nations.

Next…
Mayor Proposes Shutting Down Soup Kitchens TO Deal With Homeless Problem
http://losangeles.cbslocal.com

Eric Bever, Mayor of Costa Mesa, California, proposed the idea of shutting down soup kitchens; so that, his city will not look attractive to homeless people.     Needless to say, clients and people at the soup kitchen were stunned at the lack of humanity that this bastard has shown.    Nearly half of those at the soup kitchens are low income seniors; thus, it appears this compassionate mayor wants seniors dead.     So, the question is, how many other California mayors are thinking the same thing?

Next…
How to Bounce Back Better
http://www.cnn.com

Some people can bounce back from a tough event, while others never quite seem to get their mojo back.    Here are five things you can do to be more resilient:
1. Choose to be a survivor.
2. View setbacks as temporary.
3. Think out of the oh-no box.
4. Have healthy habits to begin with.
5. Don’t go it alone.

Finally, please prepare now for the escalating economic and social unrest. Good Day!

All content contained on the Hyper Report, and attached videos is provided for informational and entertainment purposes only.    ‘Hyper Report’ assumes all information to be truthful and reliable; however, the content on this site is provided without any warranty, express or implied.    No material here constitutes “Investment advice” nor is it a recommendation to buy or sell any financial instrument, including but not limited to stocks, commodities, corporation, options, bonds, futures, or intrinsically valueless Federal Reserve Notes.    Any actions you, the reader/listener, take as a consequence of any analysis, opinion, or advertisement on this site/video is your sole responsibility.

120908 – Bogus U.S. Labor Report



Today’s Items:

First…
Iran Sends Elite Troops To Aid Assad In Syria
http://www.telegraph.co.uk

In yet another black eye for Obama and Hillary Clinton, Iran is intensifying its support for Assad by sending 150 senior commanders to Syria to repel the U.S. sponsored terror in the country.   In addition, Iran has shipped hundreds of tons of military equipment, including guns, rockets, and shells.   Of course, with Iran operating in Syria, this may be the opening for Israel for preemptive strikes.   Hang on folks, the bumpy ride is about to get a tab bit worse.  Especially since Canada has cut ties with Iran and closed its embassy.

Next…
EU Debt Crisis
http://www.telegraph.co.uk

The Germans are accusing the European Central Bank of writing blank checks to stimulate the struggling euro-zone nations with their open-ended bond-buying scheme.  Really?  Just what the hell did one think an institution, not accountable to the EU governments was going to do?   At least the FED, is more open about their plans.   Needless to say, this may be yet another nail in the euro’s coffin as Germany considers dumping the euro completely.

Next…
China Spends On Infrastructure To Boost Growth
http://www.telegraph.co.uk

It appears that China is creating shovel-ready jobs as the country’s leaders throw over 1 trillion yuan to stimulate the Chinese economy.   The program is the among the most ambitious unveiled in China this year; however, like the U.S., does anyone seriously believe that throwing inflating currency into infrastructure is going to create long-term employment?

Next…
Labor Report
http://finance.yahoo.com
http://cnsnews.com
http://finance.yahoo.com

While the official unemployment rate is at a bogus 8.1 percent for the 43rd straight month, only a dismal 95,000 jobs were added. 368,000 people became non-existent as their extended unemployment benefits evaporated; thus, joining the 88.9 million not in the labor force.   So, the next question would be…   How many new “disability” claims were posted last month?   Needless to say, the news does not bold well for Obama’s reelection chances and these grim facts will be front-and-center when the Fed meets on September 12th to begin the process of burying us under a mountain of funny money.  With all this, officials from the White House are telling the sheep err… people not to read too much into this report.

Next…
Indians Prefer Gold to Currency Trash
http://www.caseyresearch.com

It is that time of the year where Indians, by tradition, by gold for their weddings and holiday events.   Their demand, needless to say with gold being in short supply, has angered those Central Bankers who would prefer them to buy shares of GLD, that is, at best, partially backed by physical gold.   Needless to say, this supply and demand situation, only fuels gold’s price escalation; thus, after preparing, keep stacking physical.

Next…
JP Morgan To Face Senate Probe
http://www.bloomberg.com

JP Morgan’s wrong-way bets on derivatives, that lost over a reported $5.8 billion so far, will be the focus of the paid-off U.S. Senate panel farce err…  hearing, led by Carl Levin, who could not find a real job even if he were staring at a “Help Wanted” sign.   So the question will be, will this be real hearing or a way for U.S. senators to find free stock tips?

Finally, please prepare now for the escalating economic and social unrest. Good Day!

All content contained on the Hyper Report, and attached videos is provided for informational and entertainment purposes only.   ‘Hyper Report’ assumes all information to be truthful and reliable; however, the content on this site is provided without any warranty, express or implied.   No material here constitutes “Investment advice” nor is it a recommendation to buy or sell any financial instrument, including but not limited to stocks, commodities, corporation, options, bonds, futures, or intrinsically valueless Federal Reserve Notes.   Any actions you, the reader/listener, take as a consequence of any analysis, opinion, or advertisement on this site/video is your sole responsibility.