US Government Officials Admit GDP, Inflation Measurements Are Incorrect

First we had China’s “overcooked” GDP data, then came Australia’s “technical issues with jobs data,” and now, with Jack Welch having questioned America’s jobs data in 2012, Bloomberg reports that top officials from two US government economic-statistics agencies said their measurement tools for growth and inflation are off.

Economists for years have questioned whether statistical agencies are keeping up with changes, resulting from an increasingly digitized and innovation-based economy, that improve the quality of goods and services.

As Bloomberg reports, the answer, as per a new paper from government officials at the Bureau of Labor Statistics and Bureau of Economic Analysis: It’s hard, especially in technology and medical services where innovations can be rapid and the results hard to capture. Health-care spending represented about 17.5 percent of gross domestic product in 2014, they note.

Officials warn their measurement tools are understating growth and overstating some components of inflation by modest amounts, while cautioning that this doesn’t explain the sluggish expansion in recent years… “price index mismeasurement continues to lead to understated growth in real output over time.”

Despite the BLS’s improvements in capturing changes in the economy, “our quality corrections are not as complete as they could be, so they are not taking into account some of the innovations that are actually going into the goods,” said Erica Groshen, one of the paper’s authors, who served a four-year term as BLS commissioner that ended in January.

Looking at the personal consumption component of GDP, the authors find that price measures likely show an overstatement of 0.2 percentage point in 2000, rising to 0.26 percentage point in 2015.

Read More: www.zerohedge.com/news/2017-05-16/us-government-officials-admit-gdp-inflation-measurements-are-incorrect

Antifa: Useful Idiots too Brainwashed to Know They are Being Used

Across the nation, the group Antifa is continuing its call for revolution by staging massive riots and acts of violence against innocent people. They are pushing the narrative that they are engaged in a revolutionary struggle against Fascism and that the time to act is now in order to stand against oppression. They have been brainwashed to believe that America represents racism and our constitution was written only to protect the interests of a few privileged white men. They are demanding an end to constitutional government and the enactment of a communist system which they believe will be fairer. In this facebook video posted by Columbus Ohio Antifa, they are asking military veterans to remember their oaths and join their national militia. Obviously, these people have no idea what they are talking about nor do they have any clue what it means to take an oath to support and defend the Constitution of the United States.

Unfortunately, Antifa fails to realize that they are nothing but useful idiots being used to accomplish an agenda they do not understand. They are the shock troops being used to finish the final phase of demoralizing America through a process known as Ideological Subversion. In other words, Communists have been waging a psychological warfare operation against the United States aimed at destroying our religion and morality so that they may peacefully, as opposed to militarily, conquer our nation. Our institutions of government, our education system, our legal system and all other aspects of American culture have been infiltrated by leftists. Today this is recognized by the term Deep State.

The goal of Ideological Subversion is to educate a generation of Americans into the ideology of communism by discrediting the United States in all of its aspects. Today we have at least one generation that believes America is an oppressive warmongering country that discriminates against minorities, homosexuals and women. The job of discrediting America in the minds of these people is complete. The government is in control of education from kindergarten through college and through these formative years of learning young people are indoctrinated into the tenants of progressivism. They are taught that capitalism is for the greedy rich and that white people are racist and privileged. Every aspect of our history has been rewritten to give the impression that America was founded by heartless, mean-spirited white men who only cared about money.

What many people fail to realize is the effectiveness of the classical conditioning being used in our public schools. Our children’s opinions and beliefs are being shaped through rewards and praises being given for answering questions that reinforce the communist world view. Psychologists have long ago learned the effectiveness of this type of conditioning. In fact, Gottlieb Fichte, who was a philosopher and psychologist who influenced the philosophy of communism is quoted as saying the following concerning education.

“Education should aim at destroying free will so that after pupils are thus schooled they will be incapable throughout the rest of their lives of thinking or acting otherwise than as their school masters would have wished … The social psychologist of the future will have a number of classes of school children on whom they will try different methods of producing an unshakable conviction that snow is black. Various results will soon be arrived at: first, that influences of the home are ‘obstructive’ and verses set to music and repeatedly intoned are very effective … It is for the future scientist to make these maxims precise and discover exactly how much it costs per head to make children believe that snow is black. When the technique has been perfected, every government that has been in charge of education for more than one generation will be able to control its subjects securely without the need of armies or policemen.” Bertrand Russell quoting Johann Gottlieb Fichte, the head of philosophy & psychology who influenced Hegel and others – Prussian University in Berlin, 1810

Take this quote into careful consideration. This is exactly what we are witnessing with groups like Antifa and Black Lives Matter. They are incapable of developing an individual thought that differs from that which they were indoctrinated with. They are behaving in the exact manner in which their educators would have them behave. They were trained from the beginning to be a force for social change.

Read More: www.dcclothesline.com/2017/05/07/antifa-useful-idiots-too-brainwashed-to-know-they-are-being-used/

War and Empire: the American Way of Life

Nato in Eastern Europe

A few months ago I received a message from a professor at the Khomeini Institute for Education and Research in Tehran, Iran, informing me that my 2010 book “War and Empire: The American Way of Life” (London, Pluto Press) had been translated into Farsi…. Middle East. US. Strategic Culture Foundation

Read More: www.strategic-culture.org/news/2017/05/07/war-and-empire-american-way-life.html

BSGR Blasts George Soros With $10B Suit Over Mining Rights – Law360

George Soros Quote: The US is the main obstacle to world order.

Mining companies associated with Israeli billionaire Beny Steinmetz accused investor George Soros in New York federal court Friday of being a “racketeer billionaire” who extorted and smeared the Steinmetz entities to steal the rights to an iron ore deposit in Guinea, costing them $10 billion.

Read More: www.law360.com/articles/913891

The Myth of the Rule of Law | Mises Wire

Any state, no matter how powerful, cannot not rule solely through the use of brute force. There are too few rulers and too many of us for coercion alone to be an effective means of control. The political class must rely on ideology to achieve popular compliance, masking the iron fist in a velvet glove. Violence is always behind every state action, but the most efficient form of expropriation occurs when the public believes it is in their interest to be extorted.

Mythology is necessary to blunt the violent nature of state power in order to maximize the plunder of property — and, most importantly, provide an aura of legitimacy. The perception of legitimacy “is the only thing distinguishing a tax collector from an extortionist, a police officer from a vigilante, and a soldier from a mercenary. Legitimacy is an illusion in the mind without which the government does not even exist.”1

State authority, and public obedience to it, is manufactured through smokescreens of ideology and deception. These myths sustain the state and offer an illusion of legitimacy, where orders, no matter how immoral or horrific, are followed because they are seen as emanating from a just authority. The state cannot implement violence against everyone everywhere and overwhelm the host, so the battle is waged against the hearts and minds of the public. Fear is exploited, language is distorted, and propaganda is spread, while narratives and history are tightly controlled. The gulag of state power, first and foremost, always exists in the mind.

If the mythology of state power is smashed, then the state is exposed for what it is: institutionalized violence, expropriator of the peaceful and productive, and entirely illegitimate.

Read More: mises.org/blog/myth-rule-law

US military drone footage streamed on the internet | Daily Mail Online

bird-of-prey

Leaked drone footage reveals fishing boats and vacationers on jet-skiers in Florida are being used as ‘dummy targets’ by the US military

  • Footage from military drones was accidentally streamed on the internet on Wednesday
  • The drones were recording above the Florida coast, aimed at civilian jet-skiers
  • The video was recorded in February by Predator drones, which are used to record an area before a missile is dropped
  • Experts have deduced the civilians were being used as ‘dummy targets’

Read More: www.dailymail.co.uk/news/article-4479842/US-military-drone-footage-streamed-internet.html