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Thread: Cooking the books

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  1. #1
    Join Date
    Nov 2017
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    391

  2. #2

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    Good article. Do not need to inject partisan politics into it ( not saying I disagree) to still make one skeptical of the Establishment survey. I believe it is mostly faulty due to methodology, as well it could be more ' complete' if so desired.

  3. #3

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    Some "corrections" have been made in government reported numbers in the last few years.
    “The Federal Reserve is not currently forecasting a recession.”
    Fed Chairman Ben Bernanke, January 2008
    This is no longer posted in the Fed Minutes of January 2008, but still quoted here - https://www.nbcnews.com/id/wbna22592939. The FOMC minutes still quote MR. Reifschneider. as stating the same thing.

  4. #4

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    Quote Originally Posted by SilverPalm View Post
    Some "corrections" have been made in government reported numbers in the last few years.
    I am sure we will have some more " corrections" in government reported numbers in the near future, as well.

  5. #5

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    Quote Originally Posted by brutus2 View Post
    I am sure we will have some more " corrections" in government reported numbers in the near future, as well.

    Case in point -

    https://www.zerohedge.com/markets/he...ast-11-million
    “The Federal Reserve is not currently forecasting a recession.”
    Fed Chairman Ben Bernanke, January 2008
    This is no longer posted in the Fed Minutes of January 2008, but still quoted here - https://www.nbcnews.com/id/wbna22592939. The FOMC minutes still quote MR. Reifschneider. as stating the same thing.

  6. #6

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    Da m m Bean counters ^^ stuff like that makes me dislike statisticians even more than usual
    Thomas Jefferson is credited with writing, “When injustice becomes law, resistance becomes duty.” The seceding states in the Civil War period issued a similar declaration using the word “tyranny” as opposed to “injustice.”

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