Fed sees signs of improving job market, overall economy

Fed sees signs of improving job market, overall economy

rawstory.com

US economic conditions are progressing "modestly" amid signs of improvement in the troubled labor market, the Federal Reserve said in its Beige Book survey Wednesday.

The Beige Book, to be used by policymakers at the Federal Open Market Committee meeting December 15-16, said the economy is seeing better signs on several fronts including consumer spending, manufacturing and housing.

(visit the link for the full news article)

Oh, but of course it does, in its propaganda-ville, peaces-n-cream, rosey little reports of brainwashing fairytales of spin.

But in a sense, the fed always partially tells the truth, because those folks involved WITH IT are always managing to see an improved economic poirtfolio. But of course that is off of the backs of the masses, and them continuing to run their fraudulent system of debt and endless "I.O.U.", worthless paper printing where they have absolutely ZERO collateral to back it up, and the only thing keeping it going is their endless BSing the populace to keep their endlessly greedy, predatory status quo system in place.

I wonder if they'll include Bernanke's latest threats with this report:

www.abovetopsecret.com...

Then again, if everything is "looking up", like they constantly seem to think if they repeat enough times the public will just buy it, then why the need for their enforcer Bernanke to make the threat in the first place?

More BS from the biggest racketeering entity on earth...

rawstory.com
(visit the link for the full news article)

[edit on 2-12-2009 by DimensionalDetective]

reply to post by DimensionalDetective


Yeah, the people in the federal government are breathing a little easier now that government controled healthcare is on the horizon. It is a great time to be beaurocrat.It is clear to anyone with half a brain that things aren't so good for most people.

reply to post by DimensionalDetective


Well with the Obama government and Walmart the biggest now employer in the nation occurs they can manipulate data, don't you love it news like this ones.

Specially when more hiring is done during the holidays, how about afte the holidays.

America keeps deteriorating as the standards of living for the middle class keep falling into poverty with the very rich and wealthy just becoming filthy rich thanks to the tax payers in the nation



[edit on 2-12-2009 by marg6043]

reply to post by marg6043


Isn't that how it has always been?

reply to post by '___'omino


Actually it was not so, at least 50 years ago, when the industrial base of the nation brought the middle class as the most productive in the world, the rich were few and by birth right.

Now we are becoming a nation of welfare Dependants on the government hand outs, that can not longer sustain the economy of consumerism on credit card and debt because now we are bankrupted.