Thursday, March 27, 2014

Census Office Survey Scandal Grows as Inflation Stats Faked

By John Crudele

The Census Bureau’s Philadelphia office wasn’t just corrupting the nation’s unemployment rate by fabricating data. It was also filing false information about inflation in this country.

Just how large an effect this fraud was having on the Consumer Price Index (CPI) — and consequently the cost of living adjustments for Social Security recipients and others — is not yet known.

Some background: Along with its monthly unemployment survey, the Census Bureau conducts thousands of interviews to figure out what Americans are buying. Once Census determines purchases, the information is turned over to the Labor Department, which then calculates how much prices have increased.

The whole survey is very long, messy and unpopular, both inside government and outside. And it is likely to be changed drastically in the years ahead.

Despite that, the CPI is still the sole determinant for retiree and military pay increases. And it is used by the Federal Reserve, companies and a lot of other organizations that need to determine how fast costs are rising.

I began writing about what was happening in the Philly Census office back in November, when I learned that a data collector named Julius Buckmon had been caught in 2010 falsifying information that went into Labor’s Current Population Survey, which determines the nation’s unemployment rate.

Read the rest here.


  1. so is the fiat in your bank account.....................

    This Is What Is Going To Destroy The World’s Financial System

    Deposits are created as loans are made. The resulting “money” is referred to as “fountain pen” money meaning that the deposits against which checks are written are merely bookkeeping entries on the books matching the amount lent to the borrower.

    They state that the way money is created is different than what is found in the description of “some economics textbooks.” How about different from what 99.9 percent of the normal people outside of the banking system believe when they refer to their account? It is not just a slight misunderstanding but really quite a monstrous fraud that has been perpetrated on savers and wealth holders in general.

    Most account holders would also be shocked to know that they are merely unsecured lenders to the bank once an account is opened. .

  2. Didn't officials in the soviet empire do just the same...Full time lying to keep their jobs, what a pathetic existence.