December 26, 2007

Unethical US Job Numbers?

Filed under: Economics, Economics Statistics, perspectives, Research, unemployment — jensn @ 6:40 pm

Excerpt from • Unethical US Job Numbers?


“The business world waits with trepidation, the first Friday of each month, the release of the US unemployment/employment numbers. Stock, bond, currency and commodity markets often swing wildly with their release. The media focus on the numbers presented, and discuss their relevance to economic activity. But where is the analysis, the critique, of how these numbers are generated — or of their actual reliability? 

Do all economists really believe that the US government’s unemployment data (and other statistics too) are beyond reproach? Are the big banks’ economists too afraid to dig into the numbers for fear of offending or confusing employers and clients? Where is the role of honesty, of ethical responsibility, to the publics these institutions serve? 

Fortunately, discussion concerning the ethics and reliability of economic statistics does occasionally appear. 

For instance, last year Philipp Bagus asserted in an article, The Problem of Accuracy of Economic Data, August 17, 2006, (http://www.mises.org/story/2280)

“[That] we … face the question of why the problem of accuracy of economic data is rarely mentioned or passed over in silence in economics, while in the physical sciences this problem is widely acknowledged.” Further, “In contrast to physics, there is still no estimate of statistical error within economics. The various sources of error that come into play in the social sciences suggest that the error in economic observations is substantial… Economic statistics cannot be accepted at face value.” 

In my research on US unemployment data, I have discovered some disquieting information. First of all, they concern the elimination of ‘discouraged workers,’ who used to be in the figures.

Discouraged workers are those who have been looking for employment for more than a year and have given-up looking for a job. They used to be included in the main unemployment numbers, but are now, conveniently left out! John Williams, statistician and economist, believes that when ‘discouraged’ workers and other ‘distorting factors’ are accounted for, then the true unemployment rate, measured in much the same way as it had been historically, would be closer to 12%! (See Welling@Weedon, February 21, 2006, Shadowing Reality interview with John Williams). At the time of Mr. Williams citing this, the US February 2006 unemployment rate was 4.7%, which is the same as for November 2007…” Try this too: http://www.shadowstats.com/


I just remind that the described problems are most worse in Denmark. A least US has the simultaneously publication of the deciding input and output figures of the labor market every month. 


December 15, 2007

Danish Researcher Paid By The Former Government To Defend Certain Opinion On The climate

Filed under: Cosmic Radiation, Environment, perspectives, Research — jensn @ 11:49 pm

Danish Researcher Accused of Lobbyism

“The former government (before 2001) paid a researcher from Denmark’s Technical University for several years not just to advise the government on questions concerning the development of the climate, but also to work as a Lobbyist for the opinion that man is the main responsible for the development of the climate…, Berlingske Tidende experiences”.
Following TTV2 December 15th 19:40


Europeans are dangerous to Europe


“A referendum now would bring Europe into danger. There will be no Treaty if we had a referendum in France, which would again be followed by a referendum in the UK.”

The comments confirm suspicions that the real reason why Britain, and all other EU countries, apart from Ireland, were refusing to hold popular votes was because governments were afraid they would lose them.


Now it is not difficult to explain

the interest of the European

Elite for mass immigration!


December 13, 2007

‘Mein Kamph’ is very popular in Turkey and elsewhere in the Mideast

Filed under: History, Ideology contra Reality, Islam, perspectives, Terror, Terrorism, War — jensn @ 11:44 pm

Excerpt from: http://www.windsofchange.net/archives/006690.php

“Well, it’s wildly popular elsewhere in the Mideast and the Islamic world… so why not in Turkey too? Blogger Homocon notes that:

“Booksellers in Turkey are reporting soaring sales figures for “Mein Kampf,” or “Kavgam” in Turkish. Hitler’s political manifesto has been a top 10 bestseller in the past two months…and at least two new Turkish language versions of “Mein Kampf” are now out in paperback.

Asked to comment on the phenomenon, government spokesman Cemil Cicek said: “There is no racism in this country.” Homocon has more about Turkey’s new bestseller…”


Excerpt from: http://www.terrorism-info.org.il/malam_multimedia/html/final/eng/sib/3_05/mein_kampf.htm (from 19. marts 2005)

“Clerks in Turkish bookstores now have an unusual problem: In Turkey as in the rest of the world, best-sellers are usually put in the front window for passersby to see, but this time they are somewhat hesitant. Copies of the new edition of Hitler’s Mein Kampf are being snatched off the shelves, and now the question is whether anti-Semitism is on the rise in Turkey or people are just curious …”

December 10, 2007

Paris: Riots ‘were out to kill us’

Filed under: crimes, Eurabia, Islam, perspectives, Terror, War — jensn @ 5:22 pm

Excerpt from: http://gabriellecusumano.townhall.com/g/39b9d515-f4f2-4705-abf1-059029bffe02
“Rioters ‘were out to kill us’, says wounded French officer
The kids were shooting at us at close range, loading and reloading their weapons. I’ve never seen anything like it. It was like in a movie. They were picking us off from 10 or 15 metres away…”

Excerpt from: http://awarforeurabia.blogspot.com/
“Well, looks like Niko has his work cut out for him in Paris. The most recent set of Paris riots has bred a dangerous new challenge, “youths” with firepower. I’ve speculated before, wondering what kinds of weapons/explosives they’ve got hidden in those no-go zones for French police.

And lets make no mistake here! There are in all likelihood far worse than hunting rifles and handguns hidden in those ban lieus. Even though the media won’t say it, I will. These are MUSLIM “youths.” They have the backing of other Muslims including the oil rich states. These states have plenty of cash thanks to their oil profits and they have military’s who are quite capable of getting far heavier firepower than what is currently being shown…”


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