Another Phony Employment Report

October 5. Today’s employment report from the Bureau of Labor Statistics shows 114,000 new jobs in September and a drop in the rate of unemployment from 8.1% to 7.8%. As 114,000 new jobs are not sufficient to stay even with population growth, the drop in the unemployment rate is the result of not counting discouraged workers who are defined away…

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Interview with World Affairs Monthly

World Affairs Monthly recently had some communication Paul Craig Roberts. Roberts worked for President Ronald Reagan and was Assistant Secretary of the US Treasury. I proposed an interview and he asked me to send him some questions, which I did. Paul Craig Roberts is clearly an honest man and a very impressive intellect. He can be found on the net…

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