
“The real US rate of unemployment is almost three times higher than the reported–headline rate–of 8.1%. What is the purpose of reporting an unemployment rate that is about one-third the real unemployment rate? The only answer is deception through Happy News. A financial system based on lies and deceptions cannot forever last.”
http://www.paulcraigroberts.org/2012/09/08/spinning-bad-financial-news-into-good-paul-craig-roberts/
Related posts:
How “Your” Government Works
The West Is Closing Its Doors - To Westerners Themselves
The U.S. Destruction of Afghanistan
The Debt Ceiling Battle Is Coming
Brazil's Central Bank Staff Goes On Strike Over Inflation
Tor and the Silk Road takedown
30 Years After Saddam Hussein, Now U.S. Bombs Kurds To Smithereens
When Dominance Leads to Incompetence and Catastrophe
Spain Falls to Pieces, as Predicted
Justin Raimondo: Police-State ‘Progressivism’
Ignorance is Strength: Kim Jong Un Edition
Lawlessness of the West
Obama Administration Denies AP Requests For Syria Evidence
The Cannabis Conspiracy?
Bernanke to Oprah: "I've Been Doping for Years"