Washington claimed last Friday (2/6/2012) that jobless rate decreased to 8.3%… And while Wall Street rejoiced with another rally…
However the true jobless in the United States actually increased to an estimated 22.5%, practically the worst since the Great Depression.
Very hard to believe?
Well, because of John Williams of www.shadowstats.com, we can show it.
Just think about how the government is lying to us about employment in America:
Lie #1. “Discouraged workers – laid-off persons who give up searching for jobs – are not really unemployed.”
Lie #2. “Out of work workers pursuing full-time work opportunities who are required to accept minimum-wage or lesser compensating part-time work are also not unemployed.”
They will not be counted among the out of work!
But if you think that’s weird, ponder this: These lies are so monumental and egregious; the government has attempted to address the outrage by privately submitting another jobless rate, known as “U-6.”
This number is never ever headlined in the press. And the political party in power do not ever mentions it.
As to why not? Basically because it’s amongst the ugliest and worst-kept secrets of our time.
I’m talking about an authoritative government number that does consist of some of the part-time and discouraged individuals, and that reveals an insanely high U.S. unemployment rate of 15.1%.
Lie #3 began approximately 18 years ago during the Clinton administration. Back then, officials at the Bureau of Labor Statistics were counting almost all discouraged people – men and women who had discontinued hunting for employment only because currently there were no work available.
But one day, they arranged to refrain from counting individuals who had surrendered searching for more than a year.
If you are out of a job and you quit hunting for a job 365 days back, you’re continue to be counted as a “discouraged worker” and you’re still among the 15.1% that the government acknowledges are not working (based on their less known U-6 number I mentioned above).
But if you gave up looking 366 days ago, you are not “discouraged” any more. As far as they know, you’re so thankful, you could well be dancing in the streets!
By now do you comprehend exactly why I say the government is lying about jobs?
I reiterate: Depending on Williams’ reports, if you include all discouraged persons – just as the government itself did before 1994 – the actual jobless rate in America is 22.5%!
And that’s almost THREE times worse than the news say.
Still doubtful about the idea that the work marketplace in America is definitely not improving? Then take a closer peek at precisely what is transpiring in the biggest area of all…
Absolutely no Recovery from the Housing Depression!
In the entire housing market, it’s a lot trickier for the government to lie.
For what reason? For the reason that unlike the employment data, the housing statistics are largely away from the government’s influence; they are surely put together and issued mostly by independent research companies.
But guess what! The government is able to lie in regards to the housing sector anyhow. They say to you it’s improving. It’s not.
This is serious: In the U.S. economy, the housing market and support markets have typically been the biggest of all.
But, alas, in the real world of real estate, there is practically nothing of the kind. Actually, the data prove that, in recent months, the housing market has in fact took a new shift for the worse:
Fact #1. New home sales in the U.S. have dropped to the most horrible measure in history!
A lot fewer new homes are now being sold in the U.S. now than back in the times when Lyndon Johnson was president and the Beatles created their first hit LP.
And compared to the U.S. population, the picture is actually uglier: For each 1,000 people residing in the United State today, less than ONE new home was sold last year – very probably the worst in history.
Fact #2. Foreclosures continue unabated.
Right now there are yet an astronomical 6.17 million families in America past due on their mortgage payments or with places of residence in the course of home foreclosure.
That’s a significant pipeline of foreclosed homes increasingly being dumped on the real estate market that more than likely will continue for years to come.
Fact #3. Home prices are slipping – not improving.
By November 2011, single-family house prices in 20 metropolitan areas fell once more, losing 100% of the gains they’d attained since 2009!
The NY Times sums up the housing industry tragedy:
“Homes has played a dominant part in the nation’s financial lethargy, as property owners have struggled with foreclosures or mortgage burdens that far surpass the values of their homes.
“Record numbers of construction personnel and other real estate-related personnel ended up being out of work and are nevertheless trying to cobble together incomes.”
Government’s remedy: More and more bailouts, more and more money printing, and 0% interest rates till kingdom come.
The direct result: Immense additional bonuses for Wall Street elites … greatly higher asset values in some investment sectors … however, for most of America, a catatonic state of joblessness, depressed real estate, together with poverty.
Today, we wish we could say that indications of a LASTING shift in housing are finally here. Unfortunately they’re certainly not.
How To Become Wealthy and Be Rich In Any Market
To continuously earn funds in any market and especially in an explosive stock market you must:
1. Eliminate any get-rich-quick thinking,
2. Forget any ‘tips and advice’ from CNBC, Wall Street, Financial advisers, etc.,
3. Educate yourself on the basics of stock market options,
4. Recognize that NOBODY or NO SYSTEM can anticipate what the stock market shall do down the road – NOBODY.
If you analyze the historic past of the stock market for a long period of time, say 25 years, you will determine that in just about any month the market moves less than five%, 80 percent of the time, and just under ten%, ninety six % of the time. Therefore just how can you use this understanding to end up making an enduring month-to-month income of about 10% to 14% monthly?
This is where three option strategies get the job done. The option strategies are the CALL Credit Spread, the PUT Credit Spread and the Iron Condor. However you have to use these strategies properly. If you are attempting to use them to end up making big bucks in a small amount of time, you have the get-rich-quick thinking and will get burned. (Quick Note: starting with only $3500 and getting 10Per Cent monthly, in 5 years you will be a millionaire! Check this out with any kind of Compound Interest Calculator)
Being familiar with the history of stock market movement, you can easily use the proper Iron Condor method to make an average of tenPer Cent monthly on your personal investment money. The magnitude of risk we are able to tolerate differs widely from individual to individual. Thus what you need to do is to setup an iron condor on a stock or index that will be inside your comfort zone. For me, ten% month to month is in my comfort zone and that is exactly what I utilize. In addition I shift my position if the market moves past an acceptable limit. You are really the only one who is able to decide upon how you set-up the iron condor based mostly mostly on just how risk adverse you may be. You can set it up for a larger gain, BUT also significantly greater risk or set it up for a smaller gain, but also reduced risk!
You must always remember that all of us are susceptible to the STRONG feelings of GREED and FEAR whenever investing. Make sure you choose the iron condor limits so your FEAR or GREED reactions don’t control your trading selections.
If you understand the information above you can easily utilize the Iron Condor, the CALL Credit Spread or the PUT Credit Spread to end up making a continuous monthly revenue with VERY low risk!