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>>>"Unemployment is at record lows, yet more jobs are being added." CNBC
Don't get me wrong.. I am not a shill and I have watched CNBC even before it was CNBC. Then it was called FNN. I love President Trump. (Its just on fox today Eric was going on and on about the economy and I could not take it anymore) I have been around long enough to know BS headlines and data when I see them. We judged Obama's economy by labor force participation rate. It is only fair to judge our current economy the same. We are being disingenuous by ignoring this. See the 10 year chart of the Labor Force Participation Rate. The rate is down from last month which is not good. 8-3-2018 was 62.9% and 9-7-2018 is 62.7%. Meaning less people worked in August than July. The financial industry tends to ignore the unemployment rate and use participation rate as a better indicator of people unemployed. The Cabal is getting richer with every new high in the stock market. NOT US….
I am trying really hard to reconcile this and I really really want to understand the strategy. I have to believe this administration has one. President Trump simply is not going to cut taxes for the rich and at the same time enrich them via new highs in the stock market as well as selling more of our housing stock to them (see below) while simultaneously increasing and making new highs in the US national debt. (see charts) This is clearly a continuation from Obama's transfer of wealth to the rich. The 2008 stock market crash was meant to extract whatever was left of the middle class.
Look at the National Debt figures:
US National Debt
3-31-2005 President Bush $7,776,939,047,670
1-25-2008 President Obama $9,202,516,936,166
2-23-2017 President Trump $20,820,865, 274,109
Check out how much the debt increased since President Bush to today. (above) Who were the beneficiaries of this increase in debt and how did the debt get made? Most of it got there by way of the Federal Reserve via Quantitative Easing 1, 2 and whatever "creative programs" the cabal came up with after the 2008 crash. But who really got the money and what did they do with it? The well connected big banks like Deutsche Bank, JP Morgan, Goldman Sachs, Citibank etc. were the recipients of QE cash to make loans to restart the economy. What did they really do with it? Mostly 3 things. Bought the stock market up and then used QE cash to buy their own stock up. Bought our foreclosed homes in bulk via hedge funds for cheap and now this year 2018 profit hugely on rising exorbitant rental rates. Transferred the rest to the chosen tech billionaires since 2008 through the Venture Capital Firms.
2013
"""Hedge fund landlords big players in market""" https://www.dailyrepublic.com/projects/home-seller/solano-real-estate-scene-hedge-fund-landlords-big-players-in-market/
"""Blackstone Group Buys Houses in Bulk to Profit from Mortgage Crisis""" https://corpwatch.org/article/blackstone-group-buys-houses-bulk-profit-mortgage-crisis
"""Blackstone Funding Largest U.S. Single-Family Rentals""" https://www.bloomberg.com/news/articles/2013-10-
2018-2018
"""Blackstone Makes First Bet on Manufactured Housing""" https://www.nreionline.com/alternative-properties/blackstone-makes-first-bet-manufactured-housing
"""Blackstone takes its single-family rental bet public as sector soars""" https://www.cnbc.com/2017/02/01/blackstone-takes-its-single-family-rental-bet-public-as-sector-soars.html
"""Blackstone Profit Tops Estimates as Real Estate Drives Gains""" https://www.bloomberg.com/news/articles/2017-10-19/blackstone-profit-beats-estimates-as-real-estate-portfolio-gains
"""Venture Capital Funding Climbs to Decade High in 2017""" https://www.statista.com/chart/11443/venture-capital-activity-in-the-us/
continued on the next post….