If you only watch CNBC or any of the other regime media propaganda outlets, then you would believe the payroll report on Friday was fantastic, proving the U.S. economy is booming and all is well. Biden dummy continues to boast about the millions of jobs he has added and declare we have the best economy ever.
For anyone interested in the truth, the charts below reveal the reality of our plight. The national debt continues to skyrocket at a hypersonic speed, as our corrupt treasonous politicians keep spending money we don’t have. Meanwhile, interest on the debt has accelerated to where it exceeds defense spending and is poised to soar higher because $9.3 trillion must be refinanced in the next 12 months.
Yellen and Powell could have locked in trillions of debt at historically low rates for 30 years, but chose to roll it over on a short-term basis. These are the brilliant bankers running the Fed. They should hang.
The jobs reports are completely made up bullshit. Their ridiculous birth-death model adds fake jobs based on an excel spreadsheet and lies. Two years from now they will acknowledge their lies with a revision on a Friday night. As you can see, pretending millions aren’t in the workforce, doesn’t create jobs. In addition, the only people getting jobs are illegals and government drones. Government jobs are worthless.
The average family has hit the wall, with record credit card debt at 22% interest, declining salary increases, raging inflation, and a job market far worse than propagandized by the bullshitters at the BLS and their regime media mouthpieces. If you want fantasy, listen to the establishment. If you want reality come to TBP.
For the first time in history, annual interest payments on US national debt will overtake defense spending in 2024, according to the CBO.
It is projected that for the full Fiscal Year 2024 (FY 2024), interest spending will hit $900 BILLION.
In Q1 2024, interest costs hit $1… pic.twitter.com/0IFmlBhny7
— The Kobeissi Letter (@KobeissiLetter) June 9, 2024
How expensive is the US national debt?
The average interest rate on $34.6 trillion of Treasury debt is now 3.2%, the highest since 2010.
$5.9 trillion of the national debt is in Treasury Bills, with an average interest rate of 5.4%.
Meanwhile, a record $9.3 trillion of… pic.twitter.com/Ns9N3XBcdN
— The Kobeissi Letter (@KobeissiLetter) June 9, 2024
You can’t make this up:
The difference between the headline jobs number and the household survey hit 4.1 million in May, the largest difference in history.
The household survey is important because workers are only counted once, even if they hold more than one job.
This data… pic.twitter.com/Zi9R2lQyZG
— The Kobeissi Letter (@KobeissiLetter) June 8, 2024
The employment-to-population ratio is not only below the pre-pandemic rate but way below the pre-pandemic trend; in fact, the May reading was the same rate as Mar ’21 and indicates millions are missing from the labor market: pic.twitter.com/I6JQkuU4lm
— E.J. Antoni, Ph.D. (@RealEJAntoni) June 7, 2024
Woah – here’s another big piece of the puzzle: consumer spending went negative in Apr after adjusting for inflation, the same month that revolving consumer credit (things like credit cards) also shrunk; looks like the consumer has really hit the wall and the debt binge is done: pic.twitter.com/9YZFkTaZAM
— E.J. Antoni, Ph.D. (@RealEJAntoni) June 8, 2024
Another month, another record number of gov’t jobs, now over 23.3 million for the first time ever: pic.twitter.com/9hTgh0vOpZ
— E.J. Antoni, Ph.D. (@RealEJAntoni) June 7, 2024
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Yellen and Powell could have locked in trillions of debt at historically low rates for 30 years, but chose to roll it over on a short-term basis. These are the brilliant bankers running the Fed.
Our brilliant economic leaders did not lock in low interest rates on the debt, while many bankers locked in ridiculously low interest rates on their investments for 10 and 30 years. If you did not know better, you would think they were in cahoots with each other.
They were waiting for those summer rate cuts! LOL
My Fidelity.advisor told me the same thing and I laughed my ass off
Missing some charts. From: https://www.zerohedge.com/markets/inside-most-ridiculous-jobs-report-years
Also missing consumer credit debt, highest ever in history and maxed out..
Yellen and Powell could have locked in trillions of debt at historically low rates for 30 years, but chose to roll it over on a short-term basis. These are the brilliant bankers running the Fed.
I had to read that a few times to make sure I understood what it meant, then I said to myself, POSIWID and suddenly it made perfect sense.
They know exactly what they’re doing.
I tried explaining POSIWID to my brother, who is a pretty smart dude, but it was like talking to a brick wall. People invested in the system do not want to question the beast system, even when they know it is corrupt.
When was the last time the culture was so corrupt that people would forfeit their souls for Mammon? The Church is about to get a pruning, and it is going to be ugly, I don’t know when. I do know these charismatic and evangelical charlatans are going to get their reward. The remnant never survives unscathed.
A MUST SEE interview of Martin Armstrong!!!
Crime is down also, they said so.
( Its always them , Yogi )
Via Citizen Free Press – Listen , what do you hear ?
Citizen Free Press on X: “Civilized humans don’t stand a chance in Memphis. This is new from Live Leak. https://t.co/J3L1CRzKDL” / X
Right nearby in 1/4 black Kennesaw, GA, they do, though- due to Kennesaw’s gun law since 1982: https://en.wikipedia.org/wiki/Kennesaw,_Georgia#Gun_law
More:
https://www.google.com/search?q=Kennesaw%27s+gun+law+&sca_esv=b6848266329b4871&sca_upv=1&ei=kApmZt6RKpzsptQPq8WQuAk&ved=0ahUKEwjemdm1qM-GAxUctokEHasiBJcQ4dUDCBA&uact=5&oq=Kennesaw%27s+gun+law+&gs_lp=Egxnd3Mtd2l6LXNlcnAiFEtlbm5lc2F3J3MgZ3VuIGxhdyAKMgcQABiABBgNMgcQABiABBgNMgYQABgWGB4yBhAAGBYYHjILEAAYgAQYhgMYigUyCxAAGIAEGIYDGIoFMgsQABiABBiGAxiKBTILEAAYgAQYhgMYigUyCBAAGIAEGKIEMggQABiiBBiJBUiaC1DvBFj7BnABeAGQAQCYAU6gAU6qAQExuAEDyAEA-AEBmAICoAJawgIKEAAYsAMY1gQYR5gDAIgGAZAGCJIHATKgB5oH&sclient=gws-wiz-serp#ip=1
https://www.google.com/search?q=Kennesaw%27s+gun+law+since+1982%3A&sca_esv=b6848266329b4871&sca_upv=1&source=hp&ei=jwpmZpi_Nfr_ptQP8O2nqAo&iflsig=AL9hbdgAAAAAZmYYn4v_eCj8b-cU-heb53WJSvSwxfwU&ved=0ahUKEwjYwqe1qM-GAxX6v4kEHfD2CaUQ4dUDCBM&oq=Kennesaw%27s+gun+law+since+1982%3A&gs_lp=Egdnd3Mtd2l6Ih5LZW5uZXNhdydzIGd1biBsYXcgc2luY2UgMTk4MjpIAFAAWABwAHgAkAEAmAEAoAEAqgEAuAEMyAEAmAIAoAIAmAMAkgcAoAcA&sclient=gws-wiz#ip=1
And the fact-Cheka sez it’s a lie, so you know it’s true:
Mandatory Gun Ownership in Kennesaw, GeorgiaSnopes
https://www.snopes.com › Fact Check
Claim: A mandatory gun ownership law in Kennesaw, Georgia, caused the town’s crime rate to plummet.
Fact check by Snopes: Mostly False
That debunk was Byzantine. Truly the work of a master contortionist.
Which language is “lying toady” spelled “contortionist” in?
};^D
Don’t arrest people, don’t charge people, don’t try people and look crime is down. Under charge people or reduce charges and violent crime is down.
Make up a misdemeanor, elevate it to a felony, over charge that 34 time and look, white collar crime of ex-presidents crime is up.
List of cognitive biases
https://youarenotsosmart.com/
Talking about us or you?
About all who are sure they see things wholly and purely as they are, and thereby, have impeccable solutions; who discern accurately between fantasy vs. reality, as in the headline. None are 100% on in their perceptions.
“For every complex problem there is an answer that is clear, simple and wrong.”― H. L. Mencken
And none are more wrong than those who do not attempt to understand what the problem may be.
The most difficult thing for humans to do is to discern what other humans are really up to. Nature tells you everything and never lies, humans conceal their wrongdoing and fabricate myriad fictions to avoid detection.
The problem most honest people have is that they concern themselves far more with the meaningless motives behind people’s actions when they’re caught rather than trying to discern the tells when they’re getting away with something.
And if cognition is a bias, I’m a bigot, big time.
How many people even know themselves as well as they can? Every aspect of the culture grooms people to lie to themselves.
If that wasn’t enough, even God tells us we can’t know our own wicked heart. All we have left after those realizations, is total dependence on Jesus Christ and the Triune God who sent Him.
I could message him directly, but where is our fellow follower of the logos?
Hey, E.J Antoni, Ph.D.:
It’s spelled whoa.
What exactly qualifies as a government job? I mean, do they count things like if your kid gets paid to push the buttons to record a college class? One of mine had all sorts of jobs like that which were a couple of minutes a day but added up to a decent amount of money all things considered. She got a W-2 from the school for it.
I look forward to increased chocolate rations and 5 year plans that target more tractor production and revolutionary grain quotas.
$9.3 T is about how much money left the Stock Market and went into CDs and Money Market funds in just over 2 years due to rising rates (but not nearly as much as needed to dent inflation). Yet the market reaches new highs. Now that is fantasy.
The US government needs lower interest rates more than ever.
https://x.com/zerohedge/status/1800119500060217439