Highest and Lowest Unemployment Rates

Comment: Francis Soyer

Take a look at these "reported" rates coming from (AP). To get the real number multiply these numbers below by 2.


(AP) -- Unemployment rates fell in more than three-quarters of the nation's 372 largest metro areas in February, a sign that recent hiring gains have been widespread and not limited to a few healthy regions.
Below are the cities with the highest and lowest unemployment rates. Figures are in percentages.
Best and Worst Metro areas
Highest unemployment rates Feb. 2011
1.El Centro, Calif. 26.9

2.Yuma, Ariz. 21.5

3.Merced, Calif. 21.3

4.Yuba City, Calif. 21.3

5.Fresno, Calif. 18.2

6.Modesto, Calif. 18.1

7.Visalia-Porterville, Calif. 18.1

8.Hanford-Corcoran, Calif. 18.0

9.Stockton, Calif. 17.6

10.Ocean City, N.J. 17.0

Lowest unemployment rates Feb. 2011
1.Lincoln, Neb. 4.2

2.Bismarck, N.D. 4.6

3.Ames, Iowa 4.7

4.Iowa City, Iowa 4.7

5.Fargo, N.D. 4.7

6.Burlington, Vt. 4.8

7.Midland, Texas 4.8

8.Honolulu, Hawaii 5.2

9.Portsmouth, N.H. 5.2

10.Charlottesville, Va. 5.3

Financial_System_Designed_To_Self_Destruct

As each day passes the US dollar loses prestige and its status as a world reserve currency. Washington and Wall Street pay little attention to its slide and the changes a lower dollar and loss of reserve status will bring. Once the dollar is dethroned Americans will have to learn to live on the edges of the economic and financial world. Those of you who have not read G. Edward Griffins’ “Creature from Jekyll Island” should. It tells you why the Federal Reserve was created and why the Federal Reserve was created and what its function is. It also shows you why except for Wall Street, banking and selected elitist corporations why the system was designed to self-destruct. If you read economic and financial history you will discover why such economic and financial destruction takes place repeatedly and that more often than not does not happen due to incompetence, war or error, but it is planned that way. What has happened to the dollar since Bretton Woods and the planned removal of gold backing from the dollar is an example of deliberate destruction and in that process the destruction of the greatest nation in history. In that process of 97 years the wealthy and connected have become wealthier and powerful and have become even more so. They truly expect to exit this maelstrom and war as the leaders of the future. We have news for them. The power of talk radio and the Internet stretches worldwide and the world now understands what they are up too, and they are not going to be successful in their efforts to bring about world government. The collapse of the dollar is but one aspect in the change planned in the shift in world power.

Silver Shorts Getting Slapped Around...

Submitted by: Francis Soyer 4/8/11 06:55

As the government shutdown approaches notice what happens with precious metals and the dollar. As one economist put it, (Martin Armstrong) is an issue of the ECM (Economic Confidence Model). Not to be confused with consumer confidence or investor confidence which are two completely seperate issues. The ECM model is directly related to confidence in governmental systems. This is why precious metals will continue to rise and rise sharply over the next 18 months with little or no pullbacks of any consequence. By my own work it is not unreasonable to expect Silver at $300 and Gold at $3,000 to $5,000 3 being the low end and 5 upper.

The key issue being that world governments and their stability are directly linked to world central banking. World central banking and their continued monetary value dilution do nothing but erode the ECM model. It erodes that model in that the stimulus intended to spark growth simply gets absorbed into the banking system however never reaches the general economy in the form of loans to spark economic growth. I think very few economists of any salt would disagree that the system is broken and badly so.

Hence why precious metals and also commodities in general will continue to rise in dollar / eur / Yen etc. in that it takes more of them to have the same purchasing power as in the past because their value continues to fall as central banking prints more of them out of thin air. For more on this concept please visit Armstrong Economics at http://armstrongeconomics.com/

He just got out of prison so no posts as of recently but he did some brilliant work while serving time. :)