thestatedtruth.com | June 3, 2011
According to Zero Hedge, take away the Birth/Death adjustment of 206,000 in the chart below and the real number is: -150,000. This is a big  monthly B/D adjustment.  If the McDonalds addition of 62,000 part-time jobs be added to the May number, the economy really lost over 200,000 jobs in May. More government hocus pocus!   PS….the reason for the big […]
thestatedtruth.com | June 3, 2011
So this is what the government proudly calls a recovery…..after spending trillions of borrowed dollars! New all time records for the charts below. www.zerohedge.com
thestatedtruth.com | June 2, 2011
We need to keep a watch on this…..as the waters of the Mississippi head downstream, they leave behind flooded towns and ruined lives, but even worse they carry a nasty combination of farm chemicals and waste that is expected to result in the largest dead zone ever in the Gulf of Mexico. Dead zones are areas of the ocean where […]
thestatedtruth.com | June 2, 2011
This is called “the new normal”…..and it will change everything in our lives!  A typical recovery pattern goes like this: the stock market bottoms, economic growth bottoms and then hiring and wage increases return. What’s unique and likely a leading indicator about this recovery is that the last piece of the recovery is not there.  Squeezed on both sides by […]
thestatedtruth.com | June 2, 2011
Heads up comments from the one and only….Art Cashin on the floor of The New York Stock Exchange. China Drought Worsens, Possibly Putting Pinch On Profits, Populace And Maybe The Government – As we noted last week, new pressures appear to be accelerating in China. Not the least of these is the worsening of the […]
thestatedtruth.com | June 2, 2011
This new super bug (we’re not talking Volkswagon) is a doozer. The good news is….the incubation period for this type of E. coli is about three to eight days. It has become the deadliest outbreak of the bacteria on record and is causing kidney failure in unprecedented numbers according to U.S. health officials. At least 16 […]
thestatedtruth.com | June 1, 2011
Chris is one of the top real estate and banking minds for institutional money. Chris Whalen of Institutional Risk Analytics: “If we do not see a meaningful recovery in home prices by the end of the year, we may need to contemplate impairment charges on first liens owned by banks and wholesale write-downs of second […]
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