<div dir="ltr"><br><div class="gmail_quote"><div dir="ltr"><div class="gmail_quote"><div dir="ltr"><div class="gmail_quote"><div dir="ltr"><div class="gmail_quote"><div dir="ltr"><div class="gmail_quote"><div dir="ltr"><div class="gmail_quote"><div dir="ltr"><div class="gmail_quote"><div dir="ltr"><div class="gmail_quote"><div dir="ltr"><div class="gmail_quote"><div dir="ltr"><div class="gmail_quote"><div dir="ltr"><div class="gmail_quote"><div dir="ltr">worth a read</div><div dir="ltr"><br></div><div dir="ltr">-----------------------------------------------------------------------------------------------------------------------------------------<br><h1><b> Hard Times and False Mainstream Media Narratives</b></h1>
<a href="http://www.marketoracle.co.uk/Topic9.html" target="_blank">Politics</a> / <a href="http://www.marketoracle.co.uk/News-catid-202.html" target="_blank">Mainstream Media</a>
<span>May 26, 2016 - 03:00 PM GMT</span>
<p>By: <a href="http://www.marketoracle.co.uk/UserInfo-James_Quinn.html" target="_blank">James_Quinn</a> </p>
<p><span><a href="http://www.marketoracle.co.uk/Topic9.html" target="_blank">
<img src="http://www.marketoracle.co.uk/images/topics/politics.gif" alt="Politics">
</a></span>
</p><p><img src="http://www.marketoracle.co.uk/images/diamond.gif" align="right" width="80">The
mainstream media mouthpieces for the establishment peddle false
narratives, disingenuous storylines, and outright propaganda to keep the
ignorant masses confused, oblivious to reality, misinformed, and
passively submissive to the opinions of highly paid “experts” and
captured fiscal authorities. The existing social order likes things just
as they are.</p>
<p>They reap ill-gotten riches, wield unchecked power, and control the
minds of the masses. They are the invisible government consciously
manipulating the minds, habits and opinions of the multitudes in order
to dominate society, control the levers of government, and accumulate
obscene levels of wealth through manipulation of the currency and
domination of the banking and corporate interests.</p>
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<p>One of the false narratives being flogged by the establishment
propaganda peddlers is the mass retirement of Baby Boomers causing the
plunge in the employment to population rate from 64.4% in 2000 to 59.7%
today. They need to peddle this drivel, because the difference
between these two rates amounts to 12 million missing jobs. The
employment to population ratio is currently at <a href="tel:1984" value="+661984" target="_blank">1984</a> levels. Any
critical thinking person with basic math skills realizes the
government reported unemployment rate of 5% is an Orwellian farce.</p>
<p><span> </span>Over 40% of working age Americans aren’t working,
amounting to 102 million people, and the establishment touts the
ludicrous lie of a 5% unemployment rate. With only 123 million
Americans employed full-time and virtually all the job “growth” since
2009 in non-producing low paying service jobs in the retail,
restaurant, hospitality and healthcare industries, wages and household
income remain stagnant. The 12 million shortfall in jobs isn’t due to
Boomers retiring, as this chart proves beyond a shadow of a doubt.
Only an Ivy League educated economist or CNBC talking head could
pretend to be confused.</p>
<p><img src="http://www.marketoracle.co.uk/images/2016/May/hard-times-1.jpg" height="360" width="720"></p>
<p>We know for a fact 10,000 Americans have been turning 65 years old
every day for the last few years and will for the next fifteen years.
When the employment to population ratio peaked in 2000 at 64.4%, the
ratio for senior citizens was only 12%. It had remained between 10% and
12% for over two decades. There were 35 million Americans over 65
years old in 2000, and 31 million of the them were not employed. They
made up a large portion (44%) of the 70 million people not in the
labor force.</p>
<p>Today there are 48 million Americans over 65 years old, and 39
million of them are not employed. The establishment narrative is blown
to smithereens by the FACT they now only account for 41% of the 94
million people not in the labor force. There are only 14 million more
employed Americans today than in the year 2000, while there are 5
million more employed Americans over the age of 65. They have accounted
for 36% of all the jobs created in the last 16 years. The percentage
of senior citizens working is at an all-time high of 18.9% and rising.</p>
<p>The narrative of retiring Baby Boomers being the cause for the
plunging participation rate is entirely false. The data is not hidden.
It’s easily accessible. Any CNBC pundit, Wall Street Journal reporter,
or Ivy League MBA Wall Street analyst with even a smattering of math
skills could discern the truth. Based on the fact they continue to flog
false narratives, makes you believe their job and intent is to
obscure the truth, obfuscate the facts, and paint a rosy picture for
their establishment bosses. There are almost 4 million less Americans
aged 16 to 55 employed today than there were in 2007. Does that happen
in an economic recovery?</p>
<p><img src="http://www.marketoracle.co.uk/images/2016/May/hard-times-2.jpg" height="500" width="800"></p>
<p>Since 2007 the working age population has grown by 21 million, while
the number of employed Americans is only 4.6 million higher. Those
over 55 years old account for 174% of the employment gain since 2007.
Does that sound like a mass boomer retirement story? The best part is
the government perpetuating the Big Lie by saying the unemployment
rate today is essentially the same as in 2007 at around 5%. You just
pretend 15.3 million able bodied working age Americans left the labor
force of their own free will and do not want a job. You then create a
narrative of Boomer retirement which is beaten like a dead horse by
the captured corporate MSM until the ignorant masses believe it.</p>
<p>There is a reason senior citizens are working until they keel over
while greeting the creatures of Wal-Mart. The economy has not recovered
for the average working jamoke. The Federal Reserve has crushed the
finances of senior citizens since 2000. Their reckless monetary policies
created two massive bubbles, destroying the net worth of millions of
older Americans. Their “Save a Wall Street Banker” solutions to the
worldwide financial crisis they created have gutted the savings of
seniors. Seniors now have to decide whether to pay the rent or pay for
their heart medicine, thanks to those heroes of the status quo – Ben
and Janet.</p>
<p>The relentless inflation in food, rent and healthcare created by the
Fed and getting 0% on their savings has left millions of seniors
destitute and desperate. They aren’t working because they’re bored. They
aren’t lugging bags of cow manure in the garden center at Lowes
because they love being close to nature. They are working during their
retirement years because they don’t like the taste of Fancy Feast.
Despite the happy talk by politicians like Obama about the economic
recovery, real people living in the real world are living through a
Depression.</p>
<p>The stock market soared during the 1930s. GDP rose during the 1930s.
But, they still call it the Great Depression. We have been in the
midst of a Greater Depression since 2000. The ruling class uses all
their powers of media propaganda persuasion, utilization of highly
paid “expert” whores, and a myriad of technological bread and circuses
to keep the masses dumbed down, sedated, amused and confused. The
percentage of 25 to 54 year olds working today is at an all-time low.
The percentage of men working today is at an all-time low. These facts
are not reported by the dying legacy MSM.</p>
<p>If you feel like you haven’t gotten ahead in the last sixteen years,
you’re right. Real median household income is lower than it was in
2000. The ruling class is confident their public education system has
sufficiently dumbed down the populace so they don’t understand the
difference between nominal and real. In addition, the powers that be
control the definition and calculation of inflation, so the inflation
numbers used to define real median household income are entirely false
and significantly understated. Using true inflation numbers would
reveal household income to be dramatically lower than it was in 2000.
It is actually lower than it was in <a href="tel:1971" value="+661971" target="_blank">1971</a>, when Nixon closed the gold
window.</p>
<p><img src="http://www.marketoracle.co.uk/images/2016/May/household-income-monthly-median-since-2000.gif" height="583" width="800"></p>
<p>The numbers and narrative presented by the establishment simply
don’t pass the smell test. If the economy had been recovering for the
last seven years, millions of good paying jobs had been created and
unemployment is really only 5%, then why have retailers been reporting
atrocious sales and plunging profits? Why have corporate profits
fallen for four straight quarters? Why is every economic indicator
flashing red while the BLS says the employment situation has never
been better? Challenger, Grey and Christmas surveys the real world and
reports:</p>
<p style="padding-left:30px"><i>Employers have announced a total of
250,061 planned job cuts through the first four months of 2016. That is
up 24 percent from the 201,796 job cuts tracked during the same
period a year ago. It is the highest January-April total since 2009,
when the opening four months of the year saw 695,100 job cuts.</i></p>
<p>Do you believe corrupt government drones or a private enterprise
totaling up real layoff notices from real companies? Consumer debt is at
all-time highs as people are depending on their credit cards to
survive. Obamacare created premium increases are destroying the finances
of families and small businesses across America. Home prices are at
all-time highs, shutting most people out of the market and creating
such high rental demand that rents are also at all-time highs and
rising rapidly. Gas prices are up over 30% since February. Food prices
are up 10% since the start of the year. At least senior citizens got a
0% increase in their Social Security benefits this year because there
is NO INFLATION.</p>
<p>The chart of despair below reflects the relentless decline in the
standard of living for the average American household. The wages of the
American worker have fallen or remained stagnant for decades, while
the government reports an ever expanding GDP. If GDP is dependent upon
consumer expenditures to generate 69% of its total, how could it grow
as real household incomes decline?</p>
<p>If you guessed enormous amounts of debt, you win the booby prize. The
establishment (Wall Street, mega-corps, politicians, corporate media)
convinced the masses to impoverish themselves while trying to live an
unattainable lifestyle using credit cards, mortgages, auto loans, and
student loan debt. Who benefited from the enslavement of the masses
in debt? The debt peddlers, mega-corps, paid off politicians, and
media maggots. They need a believable narrative to keep their profits
flowing.</p>
<p><img src="http://www.marketoracle.co.uk/images/2016/May/CjKgA_XXIAE5ZLt.jpg%20large.jpg" height="400" width="600"></p>
<p>The absurdity of government’s economic recovery narrative is revealed
as nothing more than a debt financed mirage to allow the .01% ruling
class to pillage what remains of the national wealth before initiating
another collapse designed to further increase their power and
control. When a senior citizen has to borrow to pay the rent, that
increases GDP. When your health insurance premiums go up by 25%, that
increases GDP. When Obama drones a hospital in the Middle East, that
increases GDP. When the government loans a functionally illiterate
dolt $20,000 for college and they spend it on Spring Break in Daytona
Beach, that increases GDP. The chart below shows the more than 100%
increase in government handouts since 2000. What a boon to GDP as the
government extracts money from the producers and hands it to the
non-producers.</p>
<p><img src="http://www.marketoracle.co.uk/images/2016/May/CjRmx3YWsAE2JOZ.jpg%20large.jpg" height="356" width="800"></p>
<p>We are living in hard times. The reason tens of millions of Americans
are rejecting the establishment and voting for Trump and Sanders is
because of economic hardship. Most Americans have been screwed over by
the system and are finally getting fed up. They aren’t exactly sure
who screwed them, how they were screwed, or how to stop getting
screwed, but they are angry. And someone is going to pay.</p>
<p>The status quo is beginning to get nervous. Their usual propaganda,
scare tactics and misinformation campaigns don’t seem to be working.
Rigging the stock market upward may benefit the .01% temporarily, but
the games of financial manipulation have a limit – and we are
approaching it. As a society we have relied upon debt, delusion and
denial for far too long. We have chosen to be willfully ignorant
regarding the truth of our predicament. Entire segments of society live
under a blanket of lies and hate anyone revealing the truth. Some have
begun to speak the truth and will be hated for doing so. A long hot
summer of hate is upon us. And that’s the truth.</p>
<p>Join me at <a href="http://www.TheBurningPlatform.com" target="_blank">www.TheBurningPlatform.com</a> to discuss truth and the future of our country. </p>
<p>By James Quinn </p><br></div>
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</div><br><br clear="all"><div><br></div>-- <br><div class="gmail_signature" data-smartmail="gmail_signature"><div dir="ltr"><div><div dir="ltr"><div>Check out the Commons Transition Plan here at: <a href="http://commonstransition.org" target="_blank">http://commonstransition.org</a> </div><div><br></div>P2P Foundation: <a href="http://p2pfoundation.net" target="_blank">http://p2pfoundation.net</a> - <a href="http://blog.p2pfoundation.net" target="_blank">http://blog.p2pfoundation.net</a> <br><br><a href="http://lists.ourproject.org/cgi-bin/mailman/listinfo/p2p-foundation" target="_blank"></a>Updates: <a href="http://twitter.com/mbauwens" target="_blank">http://twitter.com/mbauwens</a>; <a href="http://www.facebook.com/mbauwens" target="_blank">http://www.facebook.com/mbauwens</a><br><br>#82 on the (En)Rich list: <a href="http://enrichlist.org/the-complete-list/" target="_blank">http://enrichlist.org/the-complete-list/</a> <br></div></div></div></div>
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