Monday, June 29, 2015

Misleading and Fraudulent Housing Data

In February of 2009, the Government Census Bureau was moved to the executive branch, most thought to deal with congressional redistricting. A byproduct was the reporting of misleading and fraudulent data.

Of note this week was the "discovery" of some real questionable activity with the reporting of the housing numbers, specifically new home sales.  Already, we have documented erroneous data with respect to how unemployment rates are calculated.  Why not extend the propaganda throughout government data?  NBC will be happy to report it.

While housing is performing in certain locations, rental rates are rising due to higher demand of folks who ordinarily would be potential home buyers, giving indication the equilibrium in these markets the incorrect measurements suggests is not real.

Most of America does not have time to sift through the bull crap to figure out what is real and what is a manipulated fabrication. Therefore, most everything goes unquestioned, and when caught and reported, the level of deception is to intricate for the average person to comprehend.

As such, we get the government we deserve, one which is diminishing liberty and freedom for all of us on a daily basis, and on a much larger scale than even those who "get it" can imagine.

"When you see that men get richer by graft and by pull than by work, and your laws don’t protect you against them, but protect them against you–when you see corruption being rewarded and honesty becoming a self-sacrifice–you may know that your society is doomed"  --Ayn Rand, “Atlas Shrugged”

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