Bob Chapman of the International Forecaster: "Unemployment is not in the 10% range that is being reported. True unemployment numbers are just over 20%. That's because the official government's statistics excludes those who are no longer collecting unemployment insurance, those who are discouraged and no longer look for work, and those who are working part time. But guess what? The average work week is 33 hours! Talking about lying with statistics!!"
The endless suicidal cycle of bailouts and other runaway government spending is worse than you realize, and the Democrats are planning on calling for another stimulus package in the two trillion dollar range to cover up the incompetence of the Administration and to assist politicians in office getting re-elected.
Meanwhile, Obama sets his sites on the banks, and upon his announcement of new restrictions and regulations against the banking industry, the stock market commenced a nose dive.
Tonight, on the Political Pistachio Radio Revolution, Robert J. Chapman joins us to discuss the economy, unemployment, and the dangerous waters the Democrats are navigating us towards with their tax and spend policies. Join us live at 7pm Pacific, or catch the archive later, at BlogTalkRadio.com/PoliticalPistachio.
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