When it comes to credibility, if you were required to choose just one from the list above, who would it be? Allow me to assist you in the decision making process.
This past Friday, the BLS announced a reduction in the unemployment rate, from 7.4% to 7.3%. In order to arrive at that lower percentage, as we all know (or at least should know); they had to “discount” over half a million people. This means that individuals who are currently out of work — and supposedly not actively seeking employment — are no longer counted as being unemployed. This BLS adjustment increased the total number of people outside of the labor force to a record 90.5 million Americans, as the labor force participation rate fell to a 35-year low of 63.2%. Not surprisingly, we are then asked to believe that this type of misleading statistical accounting — specifically, a lower unemployment rate — makes perfect sense.
Open Letter to Obama and Congress From Internet Giants Calls For Reining In Government Surveillance | Nick Sorrentino
(An important interview) Saving the Net from the surveillance state (And Crony Media): Glenn Greenwald speaks up (Q&A) | Nick Sorrentino