
“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:
Expatriation - Everyone's Doing it, Maybe You Should Too
Gorbachev Warns Of World War As Trump Readies Pentagon Spending Binge
Will Europe pay the price for one-sided U.S. financial information demands?
Peter Schiff: The Golden Cycle
A Modest Step in the Direction of Gun Control
Bill Bonner: Get Ready for QE4
Bill Bonner: Can the Fed's "Credit Cure" Really Work?
Why Doesn't Outrage At U.S. Imprisoning Children Extend To U.S. Killing Children?
Bill Bonner: It’s a dangerous time of year
Thank you for your service, Mr. Snowden
Paula Was Not the Only One in Bed With Petraeus
Merchants of Death: America’s Toxic Cult of Violence Turns Deadly
Watching the Anti-Freedom Actions of Francois Hollande
Which Countries Can The NSA Whistleblower Escape To?
So, Sir Patrick Stewart Wants to Become a US Citizen?