I love the way the media and financial community create an unending amount of bullshit to describe the economy.  For example, consider the “double-dip” recession.  This is when the government will declare one recession complete and another one beginning shortly thereafter.  Really, does it make much difference if there is an uptick in the economy between two recessions — why not just declare that the first recession never ended and continues — or we bad: we said the recession was over but we were wrong.  The reason is always political.  When the first one ends there can be all sorts of banner ads — yeah, the recession ended.  A short time later, a new recession has begun.  Plus, how often do you hear, “We made a mistake.”  It’s financial bullshit, delivered to your courtesy of the American financial media.

There is so much financial bullshit.  Like the unemployment rate which is manipulated so that unemployment always rebounds as people give up looking for work and/or cease to earn unemployment benefit.  Unemployment does not improve because of more employment.  Thus, unemployment rate is financial bullshit.

Consider the import/export trade numbers — lots of bullshit.  An American company outsources jobs to China or some other part of the world.  Products are built and shipped to the U.S.  The American company makes the profits with non-American workers.  The American company can avoid paying taxes on the profits.  Americans lose their jobs.  Bullshit, Bullshit, Bullshit — and America is screwed, again.

Look at financial statistic after statistic and you will find assumptions and footnotes that render the statistic nothing better than speculation at a not-so-smart dinner table.   Politicians will not let the truth ever be told about the economy because the truth indicates that Congress is doing a horrible job, the rich are getting richer, the middle class is being destroyed, and the number of poor is growing.  Given that economics continue to deteriorate, why would the politicians want to tell the truth.  The answer is simply they do not but there is no end to the amount of bullshit they will pass around.

Yes, America, raise your voice and declare “BULLSHIT”.  Tell your elected representatives you know it is BULLSHIT because you are out of work, behind on your mortgage, lost your house, can’t afford health care, hate your low paying job, working for an asshole, etc. etc.  It is time to take back the country for the greed rich bastards who caused all the problems.

America is doomed.