This morning the spokesmodels for Wall Street on Bloomberg Television were touting the 'better than expected' unemployment claims figures.
They came in at 'only 570,000.'
Wait a minute. That does not seem right. Have another cup of coffee and look up the figures.
The consensus of expectations was 565,000. The actual was 570,000. That's better?
Betty Liu went on to explain, 'they are better than expected because they fell from the week before.' The prior week's figures were revised from 576,000 to 580,000.
In her defense, she just says what they put in front of her. I wonder if the same can be said for Obama.
We're not in Kansas anymore.
"A new, invisible and at times virtual, tyranny is established, one which unilaterally and irremediably imposes its own laws and rules. Moreover, indebtedness and credit distance countries from their real economy and citizens from their real buying power. Added to this, as if it were needed, is widespread corruption and selfish fiscal evasion which have taken on worldwide dimensions. The will to power and of possession has become limitless." Francis I, 16 May 2013