Russell Comment — The government’s all-out propaganda campaign to tell Americans that all is well, surpasses any thing I’ve ever seen in 60 years of watching markets and the news. However, the huge propaganda effort by the government and the Fed is losing its believers.
Currently, the job picture is so brutal that the word is getting out. College graduates are taking no-pay intern positions in the hopes that the companies they work for (with no pay) may hire them for pay when their internship is over. Many interns are so desperate for money that they are taking menial jobs like waiting on tables in order to make ends meet. In other words, the disconnect between what the government tells us and stark reality is widening, and increasingly, the public knows it.”
Read the complete article at King World News here.
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