Elite Campaign To Re-Elect Obama In Full Swing?

From the Washington Post, we learn that "January job gains have economists rethinking outlooks."

Oh, really? Last I looked, the bear leg of the larger business cycle was still in full effect. Nothing's changed in other words, since 2001 – or more pertinently 2008, when according to our elvish analysis the fiat-dollar economy, worldwide, collapsed.

How do we know it collapsed? Well, various central banks have committed possibly more than US$50 trillion since then to propping up various financial facilities. That doesn't sound very healthy, does it? Say, you go ask for a US$50 trillion loan (if you can figure out where to apply) and see whether you get it.

More on this in a minute. The idea of an up-trending of the US economy is nothing more than a bald-faced lie, the most devious kind of propaganda. Here's a bit more from the article:

An unexpectedly rosy jobs report set off a chain reaction Friday, upending economists' gloomy predictions for the coming year, leading to a surge on Wall Street and potentially boggling the political calculus of the 2012 presidential campaigns.

The surprise — that the unemployment rate had dipped for the fifth straight month, to 8.3 percent — was first reflected in the stock market, where the Dow Jones industrial average soared to its highest mark since the beginning of the financial crisis. The tech-heavy Nasdaq, meanwhile, hit an 11-year high.

By noon, President Obama, whose reelection chances have been threatened by the nation's economic woes, seized on the figures as proof that the recovery from the recession "is speeding up."

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