As a result of yesterday’s report that Census was caught manipulating the September 2012 jobs report, the BLS provided the following response via CNBC:
“the incident has been reported to the Commerce Dept Inspector General Office for investigation. We no further (sic) comment.“
In other words, one part of the government – the Commerce Department – will investigate another part of the government – the BLS. We can only assume the NSA will certify the findings of the Commerce Department?
Rinse. Repeat.
And now on to the November nonfarm payrolls “report” which forms the basis for the Fed’s “(manipulated) data dependent” $85 billion monthly liquidity injection into stock markets.
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via Zero Hedge http://feedproxy.google.com/~r/zerohedge/feed/~3/Ru2_VKeRodY/story01.htm Tyler Durden