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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: Knighty Tin who wrote (13448)5/7/2004 10:57:06 PM
From: TH  Read Replies (1) | Respond to of 110194
 
KT,

Thanks, that is fantastic information. When I read the Bloomberg article the bs meter overloaded.

I keep forgetting about the GDP lie, but I have no empirical method to assess it. That one seems to be the easy one to bake, because who can really argue with it?

Governments have been lying since there were governments. The internet has changed everything, because 10 years ago I would have had no idea, about anything, anywhere, and certainly not in real-time. The lights are on, but only 1% of us are looking.

Pisses me off really.

Good Trading.

TH



To: Knighty Tin who wrote (13448)5/8/2004 12:51:17 AM
From: mishedlo  Read Replies (1) | Respond to of 110194
 
Message 20107173



To: Knighty Tin who wrote (13448)5/8/2004 10:20:15 AM
From: Joe S Pack  Read Replies (3) | Respond to of 110194
 
I have a serious question for the thread.


Does it mention anywhere in the US Constitution or in any bills passed thereafter by the House that the US government must tell truth,only truth, nothing but truth to the people when reporting data?


I am not aware of it. So why do we expect truth from the George's 2004-20 = 1984. Orwell was off by only 20 years.

Aside:
President lies,
Fed including Green$rook lies,
CEO's lie,
Wallstreet's main job is to lie and hood wink people,
All elected politicians lie,
Media's main role is to lie and spin,
Hollywood (I mean thrashwood) is full of fantasy and makeups,
Our managers lie,
Advertising is mostly a form of lie where they hype what is positive and omit all negatives,
Big freaking dollar is a fake (prinitng is not based on the actual measure of products and trade),

Even most of the numbers are based on surveys which are prone to a lot of bias and procedural errors.

Why should we expect correct numbers from the government?


TH, GDP is also a lie, due to hedonic pricing. And productivity is derived from the GDP number, so, fruit of the poison tree.

This birth death model thing is what they call a SWAG (a Stupid Wild Assed Guess)