Economy Chicken: Coming Home to Roast

New York Times

Stock Markets Shudder After Chinese Stock Plunge Forces a Trading Halt

Producers in China may have been betting on faked economic reports, overproducing with false expectations. Now their inventories are filling up and they are not getting as many orders.

Fox News (06/2014)

Peter Schiff - No Economic Recovery Since 2008 & Unemployment Numbers Fake

Peter Schiff and Lou Dobbs start the session nailing the basics, but then digress at 1:41 minutes, into blaming Obama and the government, instead of remaining focused on lack of consumer demand due to low wages and fewer work hours.

FinViz

Map of Stock Exchange Performance

An amazing tool for evaluating stocks and seeing the Big Picture.

The Guardian

Don't be fooled by the false economic recovery

A critical analysis of how the economy is reported to the public.

Zero Hedge (02/2011)

Guest Post: How To Fake An Economic Recovery

This got me wondering why people are buying over-priced farm land that won't yield enough per year to break-even on the loan payment. It turns out they might be anticipating something that will change in the near future. Something that will make commodity prices skyrocket.

Salon (11/2014)

Robert Reich: Americans are convinced the game is rigged

It all comes back to lack of consumer demand due to low wages, fewer work hours, student debt, etc.

Town Hall

The Weakest Economic Recovery in Modern Times

Because the 1% wanted to go global, they tied most of the world together financially and OOPS!

Well, Everyone has been decrying a fake economic recovery for years now. Some who try to sell us their gold, others because they actually dig into the numbers and suffer the headaches of research.

The powers that be have been force-feeding us skewed sugar-coated numbers for decades, but everyone under their skin knows it's BS!

The motivation for doing so is probably bait to try and motivate with their Snake Oil, consumption and investment in things we can't afford or don't need.

*What's Economy Chicken? I searched online for some visual representation of "chickens coming home to roost." I Photoshopped it into a bad pun,

I think we all have had enough of being lied to by the main-stream media and the Financial Sector.

Trade Deficits

Even on C-SPAN they talk of a trade deficit with China. There are goods being manufactured in China for consumers in the United States. Goods were once manufactured in Mexico for the United States too.

A Mexican Ambassador once said that most of the companies in Mexico are American companies. It was the first and last time something like that was ever again said on television.

The trade deficit with China is a lie. The companies in China are American companies. The one truth is, however, that the money is going to China, but then it goes into the bank accounts of those who were once American, but now can globe-trot and thumb their noses at the citizenship rules by which the rest of us live.

They are the global entrepreneurs who have shed themselves of any sense of loyalty to their childhood nation. When Leona Helmsley said “only the little people pay taxes,” her biggest mistake was living in the United States when she said it.

So let’s think about it for a moment. If they are doing it, why shouldn't the rest of us? Why should we be hindered by the rules of patriotism shirked by those who control all of our natural resources?

I worked hard, like the dutiful Kamikaze pilot who celebrated his final flight with rituals and parties, but when his engine didn’t start, he walked off the runway to his superiors who previously proclaimed they would soon follow him, and he discovered that they had no such plan to die that day, or any day.

There was no reciprocal loyalty at work when I was laid off at AT&T. They paid me a wage so they didn’t have to consider my intrinsic value as a human being.

So, what makes you so sure that all your hard work will win the hearts and minds of those who are forced by law to pay your wages, taxes, health insurance, and other benefits?

Never assume that you have job security. Always look over your shoulder. It’s a cold hard world in America.