841. GDP cheating (6/29/2014)

[katsung47]

841. GDP cheating (6/29/2014)
How the government cheat you on GDP of 1st quarter of 2014.
1. Apr 30, 2014. They said it increased 0.1%.
2. May 29, 2014. They said it decreased 1.0%.
3. Jun 25, 2014. They said it decreased 2.9%.

U.S. First Quarter Gross Domestic Product (Text)
By Chris Middleton Apr 30, 2014
Following is the text of the Gross Domestic Product report from the Commerce Department:
Real gross domestic product -- the output of goods and services produced by labor and property located in the United States -- increased at an annual rate of 0.1 percent in the first quarter (that is, from the fourth quarter of 2013 to the first quarter of 2014), according to the “advance” estimate released by the Bureau of Economic Analysis. In the fourth quarter, real GDP increased 2.6 percent.
http://www.bloomberg.com/news/2014-04-30/u-s-first-quarter-gross-domestic-product-text-.html

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GROSS DOMESTIC PRODUCT: FIRST QUARTER 2014 (SECOND ESTIMATE)
MAY 29, 2014
Lisa Mataloni: (202) 606-5304 (GDP) gdpniwd@bea.gov
Real gross domestic product -- the output of goods and services produced by labor and property located in the United States -- decreased at an annual rate of 1.0 percent in the first quarter according to the "second" estimate released by the Bureau of Economic Analysis.
http://www.bea.gov/newsreleases/national/gdp/2014/pdf/gdp1q14_2nd.pdf

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U.S. economy collapses in first quarter, but growing again
By Lucia Mutikani 6/25/2014
WASHINGTON (Reuters) -
The Commerce Department said on Wednesday gross domestic product fell at a 2.9 percent annual rate, the sharpest decline in five years, instead of the 1.0 percent pace it had reported last month.
http://finance.yahoo.com/news/u-economy-contracts-2-9-123534819.html

842. GDP cheating to assure a prosperous stock market (7/6/2014)
Although the GDP of the first quarter of 2014 is the sharpest decline in five years, another index of economy goes in contrary way. The Dow Jones index reaches its history high(over 17,000) on July 3, 2014. Since April – despite the poor economy that GDP suffered a big loss – the stock market remains in high level. Obviously, the ruler of this country is planning a rising stock market trap. They don’t want the bad news of fallen GDP to interrupt their plan. Then we saw this dramatic GDP cheating opera. They deliberately put the original report of first quarter GDP having 0.1% increase. That’s the minimum unit to separate two thorough different worlds – positive and negative. With this small 0.1%, people thought the US economy was still increasing, though at the cliff of recession. With other cheating method and propaganda, they keep Americans in a dream that US economy is going to prosperous. Here is how Dow Jones index kept rushing to its recent peak – watch the timing (from April to June) while actually economy is in recession.

Dow Highest Closing Record
The Dow historical closing high is 16,947.08 set June 20, 2014. Normally, investors say "sell in May," but that's why you can't time the market. The Dow is on a winning streak, after falling to 15,372.80 on February 3. Here's this year's streak:
•16,945.92 on June 10
•16,943.10 on June 9
•16,924.28 on June 6
•16,836.11 on June 5
•16,743.63 on June 2
• 16,717.17 on May 30
•16,715.44 on May 13
•16,695.47 on May 12
•16,583.34 on May 9
•16,580.84 on April 30

Be noticed that April 30 was the day they gave original report of the first quarter GDP. Could you see from this chart how they build this upward ladder to lure innocent people in to join this “rush to pick up the peak fruit” movement?

 

[katsung47]

843. Psychological trick (7/10/2014)
All the three claimed figures of the first quarter GDP were meticulously selected to make it a smooth cheating.
1. They said it increased 0.1%. A minimum number of 0.1 to make it a positive increase.
2. They said it decreased 1.0%. 1 is the smallest integer, next to 1 is 0. So they hint it’s a smallest decrease.
3. They said it decreased 2.9%. People know the merchants used to price the merchandise at 99 cents. It’s a psychological gimmick. They used the same trick to avoid an upper numerical grade.
They split the decrease number in three gradual decreasing number, buffered the impact on people psychologically. With other cheating method, they successfully push the stock market to history high while US economy is in recession.
They invent another method to calculate the unemployment and say It is only 6.1% right now. They told you so while actually one third of Americans are unemployed.

People in government lie to us because they can
When faced with the highest levels of unemployment in American History why does the government trumpet a falling unemployment rate?
By Dr. Robert Owens
(INTELLIHUB) –
The Corporations Once Known as the Mainstream Media regales us with oxymoronic statements such as, “Despite the unemployment rate plummeting, more than 92 million Americans remain out of the labor force.” The Great Recession grinds on in the lives of everyday working people while our leaders talk about a recovery that only benefits them and their cronies.
http://intellihub.com/people-in-government-lie-to-us-because-they-can/

 

[Gabriel_Bell]

You appear to be utterly clueless. And you also make no sense/

 

[mark francis]

841. GDP cheating (6/29/2014)
How the government cheat you on GDP of 1st quarter of 2014.
1. Apr 30, 2014. They said it increased 0.1%.
2. May 29, 2014. They said it decreased 1.0%.
3. Jun 25, 2014. They said it decreased 2.9%.

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842. GDP cheating to assure a prosperous stock market (7/6/2014)
Although the GDP of the first quarter of 2014 is the sharpest decline in five years, another index of economy goes in contrary way. The Dow Jones index reaches its history high(over 17,000) on July 3, 2014. Since April – despite the poor economy that GDP suffered a big loss – the stock market remains in high level. Obviously, the ruler of this country is planning a rising stock market trap. They don’t want the bad news of fallen GDP to interrupt their plan. Then we saw this dramatic GDP cheating opera. They deliberately put the original report of first quarter GDP having 0.1% increase. That’s the minimum unit to separate two thorough different worlds – positive and negative. With this small 0.1%, people thought the US economy was still increasing, though at the cliff of recession. With other cheating method and propaganda, they keep Americans in a dream that US economy is going to prosperous. Here is how Dow Jones index kept rushing to its recent peak – watch the timing (from April to June) while actually economy is in recession.

Be noticed that April 30 was the day they gave original report of the first quarter GDP. Could you see from this chart how they build this upward ladder to lure innocent people in to join this “rush to pick up the peak fruit” movement?

In spite of hopeful spins on economic data under Biden, many states and cities are experiencing rapidly increasing high debts, threatening the entire US economy.