There really isn’t an adequate way to encapsulate what the Bureau of Labor and Statistics has done with their reported January jobs result [Main Data Here].   If you want a deep weeds review of the actuarial scheme deployed READ THIS ARTICLE.

In my lifetime of reviewing data and analytics, I have never reviewed a level of statistical manipulation that even comes close to this.  Well, at least not since the 1980’s junk bond valuations used for corporate restructuring and asset removal.  What the BLS produced today will likely go down in the annals of actuarial history as one of the most comprehensively fraudulent manipulations of labor and statistics in history.

In order to get to a point of being able to claim 467,000 job gains last month, the BLS needed to revise four years’ worth of claimed jobs and population data. By subtracting over a million prior jobs from 2021, essentially wiping out the COVID pandemic monthly impact, and by changing the workforce population over the same number of years, the BLS was able to recalculate the current number of people in the workforce and claim 467,000 jobs were recently created.

(more…)

If you watch anything today, this is it.  AP Journalist Matt Lee has been around for a long time. He’s the consistent person in the State Department briefing room who understands the deep state institutional games, and he knows how to spot narrative engineering.

Earlier today State Department Spokesman Ned Price said, “The United States has information that Russia is planning to stage fabricated attacks by Ukrainian military or intelligence forces as a pretext for a further invasion of Ukraine.”

Journalist Matt Lee then asked Ned Price what the declassified evidence was that the state dept was referring to.  Price responded that he just gave it to the audience; meaning his word was the evidence.  Matt Lee calls bullshit on Price, and things got really interesting. WATCH:

Folks, the intelligence state, the Fourth Branch of Government, is making it all up.  Everything about this Russian looming attack narrative has been manufactured out of whole cloth by the Intelligence Community and Biden administration.

The statements and position by Ned Price are transparently absurd.  Ridiculously so.  Matt Lee calling the bluff on the U.S. State Department, and comparing them to Alex Jones conspiracy theorists, is peak insanity.  No one trusts the U.S. government institutions any longer.  Everyone knows the “intelligence state” makes stuff up to steer and control events.  It’s a joke.

Russia is likely not doing anything, likely doesn’t even have a threatening posture, but yet, inside the DC bubble we are on the precipice of a thermonuclear war. We have passed through the looking glass, and now we are in bizarro world.

(more…)

Senator Ray Lujan from New Mexico suffered a stroke recently.  Thankfully, despite the seriousness of his medical situation, he is expected to make a recovery.  However, he will likely miss all U.S. Senate work for at least a month.  Lujan’s absence creates a significant issue for Senate Democrats in an upper chamber with a 50/50 split.

Lujan suffered the stroke last Thursday, on the same day Joe Biden announced the retirement of Supreme Court Justice Stephen Breyer.  The news of Senator Lujan’s major medical condition has been essentially quiet.

With Joe Biden expecting to nominate a Supreme Court justice very soon, the senator’s absence could be problematic.

However, not to worry, creepy Joe’s recent praise of Mitch McConnell and Lindsey Graham will likely assist.

WASHINGTON DC – […] While the 49-year-old New Mexico Democrat is expected to make a full recovery, no one knew when he would return to the evenly divided Senate, or what it means for the immediate agenda.

Luján’s unexpected medical condition comes at a moment when Senate Democrats simply don’t have any votes to spare to pass party priorities, including reviving their social spending bill and now confirming a Supreme Court justice. The latest news could leave Democrats reliant on Republican votes to move forward on nominees and other priorities.

(more…)

According to the White House, 50 special forces operators attacked the leadership compound of Abu Ibrahim al-Hashimi al-Qurayshi, the ISIS replacement head for Abu Bakr al-Baghdadi who was killed in 2019.  According to the White House occupant, after a lengthy engagement with U.S. forces, al-Qurayshi killed himself the same way al-Baghdadi did, by exploding a bomb.  There were no U.S. casualties.

(Via ABC) First responders reported that 13 people had been killed, including six children and four women. White House press secretary Jen Psaki said U.S. officials believe al-Qurayshi’s explosive killed himself, his wife, and three children. She added that U.S. officials were conducting an assessment to determine whether American action resulted in any civilian deaths. (more)

The White House background briefing on the strike IS HERE.  The remarks by Joe Biden ARE HERE.

Sending 50 special operators for one building engagement is a little heavy; however, obviously the White House was petrified that something would go wrong, and the last thing Ron Klain wants would be another boondoggle to add to the pile of disasters this administration has created.

That said, rather than debate the mission, I would draw attention to the location and bigger picture.  Northern Syria is part of the Muslim Brotherhood territory under the influence of Turkish President Recep Erdogan.  ISIS, al-Qaeda, al-Nusra, and all extremist Islamic factions therein are all just various shades of authentic Islam as promoted by The Muslim Brotherhood.

Turkey is a member of NATO.  Abu Ibrahim al-Hashimi al-Qurayshi and all of the various offshoots of ISIS could not operate in Northern Syria without the assistance of Turkey.  But we are not allowed to talk about that.  Notice how none of the media ask the White House or Pentagon if we discussed the attack with Turkey in advance?

(more…)

The business and financial wires are melting down today as ADP Payrolls, the nation’s largest private sector payroll providing service, releases data from January showing a drop of 301,000 jobs.  [ADP Raw Data Here]

The financial, economic and business pundits are completely caught off guard and using the words “shocked”, “unexpected” and “surprised,” within their analysis.  These employment numbers just don’t align with an economy growing at 6.9%, as measured by the Bureau of Economic Analysis (BEA).  However, for CTH readers who have carefully scrutinized the economic claims and looked at the bigger picture through the prism of kitchen table checkbook economics, these results are not a surprise.

Every sector of the employment picture on Main Street USA is hit.  The pundits, following the narrative first seeded by the White House on Monday, are pointing to Omicron as the justification inside their review.  That’s nonsense.  For the better part of seven months these same pundits first claimed Delta, then shifted to Omicron as a way to explain the structurally weak economy.  All of that is nonsense.

What we are witnessing are the outcomes of massive inflation now hitting the labor market.  A drop in demand, and a subsequent drop in the employment of goods and services, is an unavoidable outcome of inflationary pressure on wages.

Let me say it again, on a macro level, natural consumer DEMAND has dropped – we are only now starting to see it surfacing in the statistical measures.

This is why White House spokesperson Jen Psaki made that weird statement on Monday.

(more…)

The latest BLS Job Openings and Labor Turnover (JOLT) report [DATA HERE] reflects a headline of 4.3 million U.S. workers quitting in December.  However, that number is 161,000 fewer quits than November. The job openings are starting to fill up.

While there is evidence the mandatory vaccine requirements are still working through the job market, we are still about another month away before the fog clears from the private sector employment data.

This Friday we will see the unemployment data from December, but in the interim this JOLT’s report is tracking with CTH expectations.

The primary driver of the quits rate has been inflation.  Workers seeking higher wages in an effort to deal with inflation can get faster paycheck results by switching jobs rather than asking current employers for more money.

We have been watching this trend for several months.  However, the rate of job-jumping is slowing down as the available jobs to jump into are fewer, and the vaccine mandate impact is settling down.

Despite the number of job openings, blue collar workers are starting to see job vacancies decreasing.  The service industries around accommodation, food services and basic dirty fingernail positions still have many vacancies; this is the epicenter of where the job jumping takes place. Employment in durable goods manufacturing is at that phase where things are about to get sketchy for tradespeople and union workers.

The white collar jobs are static and/or slightly downsizing.  The total number of hires was 6.3 million for December, a drop of 333,000 from prior month.  The number of people hired in professional and business services dropped by 159,000.

(more…)

Many people were wondering who it was that preempted Supreme Court Justice Stephen Breyer making the announcement of his stepping down from the court.  That answer comes today.

White House Chief of Staff, Ron Klain, was the one who leaked the Breyer retirement, likely in an effort to change the narrative of negative stories that continue to overwhelm the Biden team.

WASHINGTON – President Joe Biden’s chief of staff leaked Supreme Court Justice Stephen Breyer’s plan to retire to “a limited group” on Wednesday, a top Democrat told reporters.

Senate Judiciary Committee Chairman Richard Durbin told reporters he received a “surprise” call on Wednesday morning from White House chief of staff Ron Klain, who “said that President Biden wanted [Durbin] to know that Stephen Breyer was about to announce his retirement from the court.”

Durbin, an Illinois Democrat, said Klain told him to keep the news a secret and that Breyer planned to make an official announcement on Thursday. (read more)

(more…)

For those who have been following closely, the economic data releases over the past several months have been almost impossible to reconcile from a Main Street perspective.  Additionally, the scale of inflation is skewing everything that stems from dollar valuation.

CTH is certain the fourth quarter GDP statistic (+6.9%) is useless and was an outcome of several flawed metrics: (1) the import data was misrepresented and not accurately deducted (supply chain issue); (2) the value of building inventories was over calculated as an outcome of inflation; and (3) the value of all economic activity was subsequently skewed because the economic outputs (goods and services) were recorded at higher prices.

It has been our estimation that Main Street economic activity was substantially less than the data discussed by financial pundits.

Our review also sees the employment situation on Main Street as considerably less optimistic than claimed.  Bolstering that point, in a very weird and structured preview from the White House, spokesperson Jen Psaki made an odd statement today.  WATCH (14:35 prompted):

Psaki is prepositioning a narrative that employment data in January will be lower than expectations, perhaps considerably lower, as a result of “workers calling out sick” from COVID, ie. the omicron variant, during the time when employment polling was conducted.  That is a very unusual proactive narrative.

(more…)

During testimony last week, attorney Thomas Renz gave testimony {Direct Rumble Link} on behalf of whistleblowers inside the military medical system who have access to vaccination data that is withheld from the general public.

The data on adverse medical conditions that surface after vaccination within the military is contained on a system called the Defense Medical Epidemiology Database (DMED).  The documents that were released to Thomas Renz are now being reviewed {Direct Rumble Link}.  The resulting information is very disturbing.  WATCH:

The research took five-year averages of medical conditions and then compared the track record to the results after the mandatory military vaccination program was initiated.  The results are alarming:

(more…)

The installed regime of Joe Biden is a joke to the world, and the only people continuing their efforts to prop up the Potemkin village are the irrelevant U.S. media.

Despite their earnest efforts, even the George Stephanopolouses of the world cannot avoid the responses from Americans.  The latest ABC/IPSOS poll [Raw Data Here], which is again a highly skewed effort, shows just how out of touch the policies of the regime are to the domestic audience.

When asked about Biden’s handling of immigration, 64% disapprove and 34% approve.  The open border policy doesn’t have support, even amid the constituencies the regime claims to control.

When asked about Biden’s handling of the economy, 56% disapprove, 40% approve.  Massive inflation created by chasing the unicorn of climate change is hitting everyone hard.  Gas prices, home heating costs, energy costs overall and skyrocketing food inflation prices are a reality that no amount of spin from the stenographers can hide.

When asked about inflation specifically, 69% disapprove and only 29% approve.  Policies have consequences.  As noted by ABC, “Troublingly for the White House, only 1% of Americans view the state of the nation’s economy as “excellent,” and only 23% say it’s “good.” Three out of four Americans said the state of the economy was “not so good / poor.”

(more…)