The thing to remember is, if we didn’t have a banana republic federal justice system, it would be *conspiracy to defraud the United States* to falsify this kind of data. Jokesters call this the “rule of law”.
https://www.justice.gov/archives/jm/criminal-resource-manual-923-18-usc-371-conspiracy-defraud-us
>To conspire to defraud the United States means primarily to cheat the Government out of property or money, **but it also means to interfere with or obstruct one of its lawful governmental functions by deceit, craft or trickery, or at least by means that are dishonest.** It is not necessary that the Government shall be subjected to property or pecuniary loss by the fraud, but only that its legitimate official action and purpose shall be defeated by misrepresentation, chicane or the overreaching of those charged with carrying out the governmental intention.
Lack of rule of law increases financial risk.
S1gorJabjong on
Fake it till you make it…?
adoughoskins on
What would happen if America stopped faking the data. Maybe now we will find out!!!
Rivercitybruin on
Turkey?
Rivercitybruin on
Honestly, if you described this,to someone 2 years ago the market would be down 40% would be,the guess
dmunjal on
You don’t think we’ve been faking the inflation and unemployment data for decades? CPI has been changed so many times that it doesn’t even reflect the true cost of living anymore. Headline unemployment is U3 when we used to use U6 in the past. The entire government has been covering up how bad the economy has been for the average worker since the 1980s.
6 Comments
The thing to remember is, if we didn’t have a banana republic federal justice system, it would be *conspiracy to defraud the United States* to falsify this kind of data. Jokesters call this the “rule of law”.
https://www.justice.gov/archives/jm/criminal-resource-manual-923-18-usc-371-conspiracy-defraud-us
>To conspire to defraud the United States means primarily to cheat the Government out of property or money, **but it also means to interfere with or obstruct one of its lawful governmental functions by deceit, craft or trickery, or at least by means that are dishonest.** It is not necessary that the Government shall be subjected to property or pecuniary loss by the fraud, but only that its legitimate official action and purpose shall be defeated by misrepresentation, chicane or the overreaching of those charged with carrying out the governmental intention.
Lack of rule of law increases financial risk.
Fake it till you make it…?
What would happen if America stopped faking the data. Maybe now we will find out!!!
Turkey?
Honestly, if you described this,to someone 2 years ago the market would be down 40% would be,the guess
You don’t think we’ve been faking the inflation and unemployment data for decades? CPI has been changed so many times that it doesn’t even reflect the true cost of living anymore. Headline unemployment is U3 when we used to use U6 in the past. The entire government has been covering up how bad the economy has been for the average worker since the 1980s.