The reported ‘offishul’ retail sales for Dec 2011 were up 0.1%…BUT…things are actually worse than we are being told.
– We are being lied to (again).
In the last 20 years, the US population has grown by 23% while the Dollar has ‘lost’ 39% of its purchasing power to inflation.
The retail “consumer” economy, adjusted for population growth and inflation is thus about 7% below Jan 2006 levels.
This is not a recovery, but we can all be ‘happy’ that the government declared the recession ‘over’ a couple years ago.
Hmmm…how did that go again? Oh yeah….figures lie, and liars figure.
– ad erratum est….our government lies.
In the 30 months since the recession officially ended, nearly 1 million people have dropped out of the labor force — they aren’t working, and they aren’t looking — according to data from Labor’s Bureau of Labor Statistics. In the past two months, the labor force shrank by 170,000.
No, No, Here I Am! Of course I’m not working, or at least I’m not getting a paycheck.
If you adjust for this drop, the unemployment rate would be close to 11%, instead of the official 8.5%.
And then there is Under-employed and graduate students that have never worked full-time and can’t get started in this economy.
In 2004, the 11th U.S. Circuit Court of Appeals validated the presidential power and refused to set a minimum length of recess for such appointments to be valid.
“The Constitution, on its face, does not establish a minimum time that an authorized break in the Senate must last to give legal force to the President’s appointment power under the Recess Appointments Clause. And we do not set the limit today,” the court ruled in Evans v. Stephens.
On Thursday, Tom Donohue, president and CEO of the U.S. Chamber of Commerce, said the business trade association has not made a decision on challenging the recess appointments in court, a sign the administration might have a strong case.
My analysis is that the Congress didn’t do its homework and forgot what they are dealing with, namely, a Con-Man and a Megalomaniac. Just because no American President has behaved in this way before, means nothing with this President. We have never had a President who refuses to respect the Flag, Veterans, and the Law before either.
And If This Goes On…
Risk and dangers of being insufficiently sad.
The informant from North Hamkyung Province told the website: ‘The authorities are handing down at least six months in a labour-training camp to anybody who didn’t participate in the organised gatherings during the mourning period, or who did participate but didn’t cry and didn’t seem genuine.’
What a great line I just came up with, of course I can’t print it.
It wouldn’t be the same as if I were threatening George Bush…
Lucky for these scum that the unionized police are around to protect them.