Relevant:
- Real federal deficit dwarfs official tally (Gov't Uses Lemonade-Stand Accounting)
- John Williams On Recession; Latest Inflation Shadow Stats (and more)
- As the American Empire Spreads Abroad, it Becomes a Police State at Home
- Fed Audit Bitterly Opposed By Treasury
- Fed Is Not Just Behind The Curve, It's Driving The Bus Over The Cliff | The Wall Street Examiner
2012-02-04 — paulcraigroberts.org
``This chart (below) shows the behavior of inflation as measured by "our" government's official measure, CPI-U (bottom line) and John Williams measure which uses the official methodology of when I was Assistant Secretary of the US Treasury. The gap between the top and bottom lines represents the amount of money that was due to Social Security recipients and others whose income was indexed to inflation that was diverted by the government to wars, police state, and bankers' bailouts.''
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