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I am no statistician, but even a CFA and 20 years of financial analyst experience aren’t required to spot PURE BS.

No single data phenomenon on Earth embodies such LIES more than government published economic data; officially sanctioned to be fudged, massaged, and COOKED to perfection.  And no phrase encompasses the breadth of government FRAUD better than “SEASONAL ADJUSTMENTS.”

“Seasonal adjustment” is a euphemism for fudge factor, in which the government arbitrarily adds “plugs” to official data to make it say what it wants; such as showing last month’s “unemployment rate” plunging to 7.8% – “coincidentally,” just below the 7.9% level when Obama took office…

Unemployment Falls to Pre-Obama Level, Unbelievably, but as Predicted

“Seasonal Adjustments” are added to essentially EVERYTHING, from NFP payrolls…

As A Reminder, Here Are The Monthly NFP Seasonal Adjustments

…to weekly jobless claims – such as last week’s “coincidental” plunge to 2008 levels…

Jobless Claims Data Skewed Downward

…to the CPI…

Seasonal Adjustment in the CPI

…and strangely, are essentially ALWAYS additions, rather than subtractions; invariably, yielding “better than expected” numbers…

Explaining February 2012’s Seasonally Adjusted Nonfarm Payroll “Beat”

By definition, “seasonal adjustments” should be a ZERO-SUM game.  That is, if numbers are skewed upward in the first half of the year, they should thus be skewed downward in the second half.  However, that NEVER happens in the world of government data manufacturing, and is NEVER questioned by the doting, captive MSM.

For example, the BLS’ “Birth/Death” model adds and subtracts jobs from monthly NFP reports based on such seasonal adjustments.  “Invented” roughly 7-8 years ago – clearly in response to the secular EXODUS of manufacturing jobs, it has been propping jobs numbers nearly every month since…

Report: America Lost 2.7 Million Jobs to China in 10 Years

…and miraculously, such adjustments are ALWAYS positive…

CES Net Birth/Death Model

Better yet, the published data only goes back to April 2011.  Why, you ask?  Because it is constantly revised at the government’s whim; again, completely ignored by the MSM.

Actually, the data is often revised downward; but only LONG afterwards, so its impact is considered immaterial.  Throw in constant “methodology changes,” and the numbers – inflation, employment, or otherwise – become MEANINGLESS…

In July alone, the government added 429,000 “statistical jobs” to the NFP report…

Seasonal and Birth Death Adjustments Add 429,000 Statistical “Jobs” to July 2012 NFP Report

…and fortunately, an astute researcher published this chart of the government’s official Birth/Death numbers going back three years.  As you can see, the initial (unrevised) “Birth/Death adjustments” added 535,000 jobs in 2010, and 710,000 in 2011; paradoxically, assuming the more jobs eliminated by REAL companies, the more phantom jobs created in the “netherworld”…

Why am I presenting this information?  To empower you to think independently; and form your OWN conclusions, OUTSIDE the PROPAGANDA machine that is the U.S. MSM.  The more you understand about REALITY, the more likely you will be to…

PROTECT YOURSELF, and do it NOW!

Call Miles Franklin at 800-822-8080, and talk to one of our brokers.  Through industry-leading customer service and competitive pricing, we aim to EARN your business.