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Did The BLS Once Again Forget To Count The Tens Of Thousands Of Energy Job Losses? (LINK)
A month ago we asked if the "BLS Forget To Count Thousands Of Energy Job Losses" when as we showed, the BLS reported that only 1,900 jobs were lost in the entire oil and gas extraction space, which was a vast underestimation of what is taking place in reality, when compared to not only corporate layoff announcements, but what Challenger had reported was going on in the shale patch, when it calculated that some 21,300 jobs were lost in January in just the energy sector.

Today we ask again: did the BLS once more forget to add the now tens of thousands of jobs lost in the US energy sector? We ask because the divergence is getting, frankly, ridiculous.

Edited by Evan Burton
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The Bureau of Lies & Scams (BLS) just issued their seasonally adjusted, excel spreadsheet enhanced, monthly propaganda data for February. They have the balls to report that an economy that is hemorrhaging energy jobs, seeing retailers close stores by the hundreds, has seen manufacturing new orders decline for six straight months, has corporate profits falling, has real median household income sitting at 1989 levels and has seen 80% of all economic reports miss to the downside is creating 295,000 new jobs in the middle of the coldest, snowiest February in years. The BLS uses classic government logic. When in doubt, lie.
Edited by Evan Burton
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Nearly At ‘Full Employment’? 10 Reasons Why The Unemployment Numbers Are A Massive Lie (LINK)

On Friday, we learned that the official “unemployment rate” has fallen to 5.5 percent. Since an unemployment rate of 5 percent is considered to be “full employment” by many economists, many in the mainstream media took this as a sign that the U.S. economy has almost fully “recovered” since the last recession.
Edited by Evan Burton
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Scholarslip - Inside the Student Loan Debt Crisis (link)

Determined to speak up about America’s crumbling higher education system, three students at Arizona State University’s Walter Cronkite School of Journalism rallied the voices of an indebted generation. The trio of aspiring journalists—Alex Lancial, Tara Molina and Jake Stein— produced a documentary entitled “Scholarslip”. The 26-minute production examines the student debt crisis in the United States and delves into issues local to Arizona. Illustrated through the voices of student debtors as well as university and government policymakers, “Scholarslip” explores five critical issues: increasing costs of tuition; deteriorating quality of higher education; diminishing value of a college degree in the job market; student dependence on state and federal financial assistance; and the effects on personal lives and aspirations.



Unemployment claims soar as U.S. industry collapses; MSM touts growth in lowest-paying jobs instead (link)

Edited by Steven Gaal
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Justice Department Rolls Out An Early Form Of Capital Controls In America
Published: March 21, 2015
Source: Zero Hedge

Something stunning took place earlier this week, and it quietly snuck by, unnoticed by anyone as the "all important" FOMC meeting was looming. That something could have been taken straight out of the playbook of either Cyprus, or Greece, or the USSR "evil empire", or all three.

This is how the WSJ explained it:

The U.S. Justice Department’s criminal head said banks may need to go beyond filing suspicious activity reports when they encounter a risky customer.

“The vast majority of financial institutions file suspicious activity reports when they suspect that an account is connected to nefarious activity,” said assistant attorney general Leslie Caldwell in a Monday speech, according to prepared remarks. “But, in appropriate cases, we encourage those institutions to consider whether to take more action: specifically, to alert law enforcement authorities about the problem.”


The remarks indicate that banks may be expected to do more than just file SARs, a responsibility that itself can be expensive and time-consuming.

Some banks already have close relationships with law enforcement, said Kevin Rosenberg, chair of Goldberg Lowenstein & Weatherwax LLP’s government investigation and white collar litigation group. Ms. Caldwell’s remarks “speak to moving forward in a more collaborative way,” said Mr. Rosenberg.

A tip-off from a bank about a suspicious customer could lead law enforcement to seize funds or start an investigation, Ms. Caldwell said.

What does this mean, and why is it so critical? Simon Black of International Man explains:

* * *

Justice Department rolls out an early form of capital controls in America

Imagine going to the bank to withdraw some cash.

Having some cash on hand is always a prudent strategy, and especially today when more and more bank deposits are creeping into negative territory, meaning that you have to pay the banks for the privilege that they gamble with your money.

You tell the teller that you’d like to withdraw $5,000 from your account. She hesitates nervously and wants to know why.

You try to politely let her know that that’s none of the bank’s business as it’s your money.

The teller disappears for a few minutes, leaving you waiting.

When she returns she tells you that you can collect your money in a few days as they don’t have it on hand at the moment.

Slightly irritated because of the inconvenience, you head home.

But as you pull into your driveway later there’s an unexpected surprise waiting for you: two police officers would like to have a word with you about your intended withdrawal earlier…

If this sounds far-fetched, think again. Because it could very well become a reality in the Land of the Free if the Justice Department gets its way.

Earlier this week, a senior official from the Justice Department spoke to a group of bankers about the need for them to rat out their customers to the police.

What a lot of people don’t realize is that banks are already unpaid government spies.

Federal regulations in the Land of the Free REQUIRE banks to file ‘suspicious activity reports’ or SARs on their customers. And it’s not optional.

Banks have minimum quotas of SARs they need to fill out and submit to the federal government.

If they don’t file enough SARs, they can be fined. They can lose their banking charter. And yes, bank executives and directors can even be imprisoned for noncompliance.

This is the nature of the financial system in the Land of the Free.

And chances are, your banker has filled one out on you—they submitted 1.6 MILLION SARs in 2013 alone.

But now the Justice Department is saying that SARs aren’t enough.

Now, whenever banks suspect something ‘suspicious’ is going on, they want them to pick up the phone and call the cops:

“[W]e encourage those institutions to consider whether to take more action: specifically, to alert law enforcement authorities about the problem, who may be able to seize the funds, initiate an investigation, or take other proactive steps.”

So what exactly constitutes ‘suspicious activity’? Basically anything.

According to the handbook for the Federal Financial Institution Examination Council, banks are required to file a SAR with respect to:

“Transactions conducted or attempted by, at, or through the bank (or an affiliate) and aggregating $5,000 or more…”

It’s utterly obscene. According to the Justice Department, going to the bank and withdrawing $5,000 should potentially prompt a banker to rat you out to the police.

This may be a very early form of capital controls in the Land of the Free. This is the subject of today’s Podcast. You can listen in here. (link)

Edited by Steven Gaal
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Stealth U.S. Austerity - Bloomberg QuickTake




Mar 18, 2015 - Thanks to a 2011 budget agreement that mandated a decade of spending reductions, the U.S. is in the midst of budget cutting that comes straight out of the ...


State Sterilization: Alive and Well in America

Chad Nelson

Recent investigations by the Associated Press into the practices of Tennessee prosecutors during plea-deal negotiations have alerted Americans to one of their government’s most gruesome and supposedly forbidden traditions: forced prisoner sterilization.

According to AP reporter Sheila Burke, a recent example of this practice involved a mentally ill Tennessee woman whose infant child died under "mysterious" circumstances. In the course of plea negotiations, the prosecutor reportedly would not take incarceration off the table unless the woman agreed to sterilization surgery.

"Nashville prosecutors have made sterilization of women part of plea negotiations at least four times in the past five years," Burke wrote.

Sterilization isn’t confined to the Nashville District Attorney’s office, either. Between 2006 and 2010, some 150 female prisoners in the California prison system were sterilized, causing Governor Jerry Brown to sign a bill banning the practice. Just last year, North Carolina passed a bill that would finally provide restitution to victims of its eugenics program which operated as recently as 1976, though the bill
fails to compensate many living sterilization victims whose procedures occurred outside the direct purview of the North Carolina Eugenics Board.

Perhaps the most notorious endorsement of state-sponsored sterilization came from United States Supreme Court Justice Oliver Wendell Holmes, who infamously wrote in his 1927 Buck v. Bell decision, "three generations of imbeciles are enough." The Supreme Court voted 8-1 in Buck to uphold Virginia’s compulsory sterilization program for those the state saw as unfit to reproduce. Despite being
regarded as one of the worst Supreme Court decisions of all time, Buck has never been overturned.

Though past generations often justified state-coerced sterilization on such grounds as "purifying the gene pool," today's sterilization supporters would no doubt cite "public safety" as their rationale. Parents who consistently put their children in danger should be prevented from having more children; it's that simple, they say. And by citing tragic and sometimes disturbing infanticide cases, they do not often find themselves lacking support.

But even as a public safety measure, sterilization represents the state at its most appalling. The government
– any government – mandating permanent bodily harm upon those accused of crimes is the stuff of dystopian science fiction. Under the guise of preventing future child abuse, state sterilization is passed off as proactive criminal justice. In reality, it is nothing more than "precrime," straight out of Philip K. Dick's Minority Report. It is also a clear violation of due process, regardless of what the men in black robes declare.

As disturbing as state-coerced sterilization is, it should not come as a surprise to those who have watched the doctor-patient relationship steadily erode with increased state involvement in medicine. Dr. Thomas Szasz explained that patient privacy withered in direct correlation to the state's participation in medicine. As medicine evolved from a purely private, one-on-one, doctor-patient interaction, into a multi-layered, patient-doctor-state-corporate transaction, competing interests began to insert themselves more and more thoroughly into the relationship. Today's doctors must report to insurance companies, courts, lawyers, government bureaucracies, child welfare agencies, and a host of other third parties, as those entities dictate the terms of medical treatment.

Dr. Leonardo Conti, Germany’s "Health Leader" during the Third Reich, had similar far-reaching ambitions for the healthcare system he oversaw. His was a regime that required "[t]herapy"¦be administered in the interests of the race and society rather than of the sick individual." That transformation took place long ago in the American healthcare system. When state and corporate interests worm their way into healthcare, individual patients’ mental health and reproductive rights become subject to the perverse whims of a power-hungry managerial class. Abhorrent practices like coerced sterilization morph into routine "treatment," albeit with bureaucrats and lawyers holding the scalpel.

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Financial Warfare Expert Says “Dollar Will Be Reduced to a Local Currency” (LINK)


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Why U.S. Economic ‘Statistics’ Get More and More Absurd

Many recent commentaries have noted a distinct devolution in the numerical lies which the U.S. government calls its “economic statistics”. Numbers which used to be mere exaggerations (i.e. used to somewhat mirror the real world) have now become literally perverse: opposite to reality.

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Brewing human rights crisis In Baltimore as city threatens mass water shutoffs (LINK)
In what residents warn is a mounting human rights crisis, the city of Baltimore has commenced sending 25,000 notices
The rush to humiliate the poor "The surf-and-turf bill is one of a flurry of new legislative proposals at the state and local level to dehumanize and even criminalize the poor as the country deals with the high-poverty hangover of the Great Recession." (LINK)

Rick Brattin, a young Republican state representative in Missouri, has come up with an innovative new way to humiliate the poor in his state. Call it the surf-and-turf law.

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