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Lies, damned lies, and job statistics – the false premise

Editor’s Note – Lies, damned lies, and job statistics. Recently, the unemployment rate as reported by the administration went down to 8.3%, a much touted trend that Obama applauds as an indicator that the economy is improving. However, as SUA has been reporting for ages, you have to peel back the lid on those numbers [...]

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Market Sell-Off – A Greek Tragedy

Editor’s Note – Despite the weirdness of the news everyday coming from Europe over the Greece issue, the markets here did not seem to budge, they went up on what was BAD news. At one time, riots on that scale alone would have affected the markets negatively, let alone the dire nature of the Greek [...]

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Greece burns, Politicians resign, US Market up

Editor’s Note – At the time of this post, the New York Stock Exchange was up by 78 points. Other exchanges are also on the positive side of the ledger even as Greece burns. The austerity measures agreed upon are very unpopular as the flames show, especially the reduction of the minimum wage. What most [...]

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Housing Market – Foreclosure deal flawed but may help

Editor’s Note - Sounds good in theory and it has a massive price tag, but the mortgage industry received yet another bailout through the banks and the financial collateral damage to actually aid those homeowners is a false premise. Nothing is learned and nothing is gained, just more money without accountability has been spent to curry [...]

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Greek Bailout on, then off, Euro tumbles

Editor’s Note - The very foundation of the world economic system rests within the realm of sustaining the European Central Bank with a handful of countries that must be manipulated and managed to gain control. All measures to date have failed. Greece is at the core of the issue and a deal was made this week [...]

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Understanding the latest Job Report – UPDATE

Editor’s Note – As a follow-up to our previous posting, “Understanding the latest Job Report“, several readers asked for more information and suggested the following post from Zero Hedge. Implied Unemployment Rate Rises To 11.5%, Spread To Propaganda Number Surges To 30 Year High by Tyler Durden Zero Hedge Sick of the BLS propaganda? Then [...]

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Understanding the latest Jobs Report

Editor’s Note – Each month, for over three years now, we all await the Friday after month’s end for the Bureau of Labor Statistics to release its monthly unemployment/jobs report. Each and every time, the media, politicians, and the blogs grab it and either examine it and dissect it, or spin it for political gain. [...]

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Comprehensive List of Obama Tax Increases

Editor’s Note – Yes, its Obama Care, reduced to the facts, the nasty facts they do not want you to know about. Americans for Tax Reform Three years in office, twenty-one tax hikes Since taking office three years ago, President Barack Obama has signed into law twenty-one new or higher taxes on the American people: [...]

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What numbers do they feed us vs. the real ones

Editor’s Note – Once again, SUA asks, who do you believe? Your lying eyes or what is fed to you by DC and the White House administration. These speak for themselves. Two articles, and some of it is just mind bending! ___________________ CBO: Obama’s Policies to Increase National Debt 47 Percent to $21.7 Trillion by [...]

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Over 750 Banks at Risk of Failure over Next Two Years, Says Invictus

Number is Nearly Double Total Banks That Failed in Past Three Years Business Wire NEW YORK–(BUSINESS WIRE)–Despite last year’s decline in US bank failures, at least 758 lending institutions are at risk of failure over the next two years, according to an analysis by Invictus Consulting Group, which conducts stress and sustainability tests on all [...]

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