If you tell a lie big enough and keep repeating it, people will eventually come to believe it. The lie can be maintained only for such time as the State can shield the people from the political, economic and/or military consequences of the lie. It thus becomes vitally important for the State to use all of its powers to repress dissent, for the truth is the mortal enemy of the lie, and thus by extension, the truth is the greatest enemy of the State. – Joseph Geobbels, Hitler’s Minister of Public Enlightenment and Propaganda
Put it on CNN and it’s true. Perhaps one of the most baffling aspects of our system is the extreme dichotomy between perception and reality. Anything reported by one of the major mainstream news sources is gobbled up and accepted as the truth by a majority of Americans.
Dr. Paul Craig Roberts wrote a brief commentary which describes how news reporting is used to control our perceptions in order to ensure the public acceptance of the Government’s agenda: “Liberalism has helped to make Western people blind by creating the belief that noble intentions are more prevalent than corrupt intentions. This false belief blinds people to the roles played by deception and coercion in governing. Consequently, the true facts are not perceived and governments can pursue hidden agendas by manipulating news” – PCR, How They Brainwash Us.
The problem is, once you “see” the truth underlying the thick systemic facade of fraud and deception, you can’t “unsee it.” The monthly non-farm payroll report will be released on Friday. Every month market participants guzzle Maalox and sit on the edge of their seat in anticipation of the headline news release. It seems beyond silly that the financial world spends an entire day discussing and analyzing the employment report, which is fictitious in its entirety. Hell, the Government releases two different statistical versions of the employment report. Which one is it – the Household Survey or the Payroll Survey?
It doesn’t really matter because once the unemployment rate metric hits the tape, that IS the number. The truth is that the real unemployment rate is well over 20%. But when everyone discusses The Number, they use the reported number which is currently 5%. The process of reporting the monthly employment situation is extreme absurdity in its entirety.
In the Shadow of Truth’s latest “Market Update,” we focus on the gold and silver market – or the fraudulent paper version thereof. Like the monthly employment report, most market analysts base their assessment of the gold and silver market on the weekly Commitment of Traders report. Of course, it makes no difference that the data in the report is already three days old by the time the report is released. Neither does anyone seem to care that data in the report is compiled and submitted by three of the most corrupt banks in the world. Another interesting misconception is the use of the gold/silver prices on Kitco as the “spot price.” But that’s a fabrication as well…