ShadowStats Alternate Unemployment for April 2020 is, 39.6% net of BLS errors

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The seasonally-adjusted SGS Alternate Unemployment Rate reflects current unemployment reporting methodology adjusted for SGS-estimated long-term discouraged workers, who were defined out of official existence in 1994. That estimate is added to the BLS estimate of U-6 unemployment, which includes short-term discouraged workers. The U-3 unemployment rate is the monthly headline number. The U-6 unemployment rate is the … Read more

FINALLY – House Republican Introduces Bill to Ban ‘Ballot Harvesting’

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Barry and his crew will not be happy about this… “Rep. Rodney Davis (R-IL), ranking member of the Committee on House Administration, introduced a bill last week to ban the practice of “ballot harvesting,” which allows anyone to deliver unlimited numbers of mail-in ballots on others’ behalf. The practice, legalized by Democrats in California in 2016, is … Read more

Pelosi’s Latest $3 Trillion Stimulus Plan Is Unlawful — Supreme Court Decision 10 DAYS AGO Makes it a Felony to Give Free Cash to Illegal

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Pelosi’s Latest $3 Trillion Stimulus Plan Is Unlawful — Supreme Court Decision 10 DAYS AGO Makes it a Felony to Give Free Cash to Illegal Aliens The Supreme Court unanimously upheld a federal law struck down by an appeals court that forbids encouraging illegal aliens to remain in the U.S. unlawfully in a decision Thursday. … Read more

Inspector General’s Firing Puts Pompeo’s Use of Taxpayer Funds Under Scrutiny… Had staffer walk dog, handle dry cleaning?

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Inspector General’s Firing Puts Pompeo’s Use of Taxpayer Funds Under Scrutiny WASHINGTON — Secretary of State Mike Pompeo swatted away questions about his use of government resources again and again last year. In January, news reports cited unnamed diplomats complaining about his wife, Susan, traveling with him across the Middle East during a partial government shutdown. In … Read more

New signs that coronavirus restrictions are here for the long haul in California

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SACRAMENTO —  Even as officials laid out more tentative plans to reopen California’s battered economy, there were growing signs Tuesday that life would not be getting back to normal any time soon. The 23-campus California State University system plans to all but cancel in-person classes in the fall and instead will offer instruction primarily online, with some limited exceptions that … Read more

People need to be jailed for this kind of thing.

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TARGETED: EXCLUSIVE: The Treasury Department Spied on Flynn, Manafort, and the Trump Family, Says Whistleblower. President Barack Obama’s Treasury Department regularly surveilled retired Army Lt. Gen. Michael T. Flynn’s financial records and transactions beginning in December 2015 and well into 2017, before, during and after when he served at the White House as President Donald Trump’s … Read more

The mask is for show?

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HEY, JOURNALISTS: IF YOU DON’T WANT PEOPLE TO THINK OF YOU AS GARBAGE, TRY NOT BEING GARBAGE. Surprise: The Mask-Shamers in White House Press Corps Turn Out to Be Hypocrites. Plus, a Karen named Kaitlan. Reporters have focused like laser-beams on the Trump administration’s mask-wearing habits. Turns out some of those same reporters don’t practice what they … Read more

Trump: We have a lot of information on Wuhan lab and it’s not good

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During an interview broadcast on Friday’s edition of the Fox Business Network’s “WSJ at Large,” White House Trade Adviser Peter Navarro stated that China deliberately allowed the coronavirus to spread to the rest of the world and that the virus https://www.breitbart.com/clips/2020/05/17/navarro-china-deliberately-allowed-coronavirus-to-spread-outside-its-borders/ YOU DON’T SAY: China’s aggressive approach to coronavirus criticism ‘not working.’ It was a huge … Read more

“When economy is strong, unemployment is low, when economic activity is high that’s when you deal with the debt problem” … WTF have u been doing for the past 5 years

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Jerome Powell, Chairman of the Federal Reserve, says the trillions of dollars in additional federal debt to support the U.S. economy during coronavirus could be paid down over decades. https://t.co/sYXgPHmdSG pic.twitter.com/0ZIeJhXjDC — 60 Minutes (@60Minutes) May 17, 2020  

In MAR 2010, Ben Bernanke said the Fed would get its balance sheet back under $1-trillion. Jim Bullard said the Fed’s post-08 policies were temporary. Janet Yellen said the Fed reducing its balance sheet would be like watching pain dry. This will prove no different.

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In MAR 2010, Ben Bernanke said the Fed would get its balance sheet back under $1-trillion. Jim Bullard said the Fed's post-08 policies were temporary. Janet Yellen said the Fed reducing its balance sheet would be like watching pain dry. This will prove no different. pic.twitter.com/jGuxa9oEcT — Peter Schmidt (The 92ers) (@The92ers) May 18, 2020