Information is the lifeblood of freedom, both financial and political. The new media are the gatekeepers to the info-flow, so it is no wonder that wars are fought with false justification and false flag attacks remain as historical reality. The corporate grip on the main stream media is powerful and pervasive. For proof one need look no farther than the the lost freedoms and wealth of the average American since the dom-com blow up. The hype highway to financial ruin was build by the mainstream media for those who listened, many because they knew no better. The raison d'ĂȘtre for this site.
As previously stated here any true economic recovery will be lead by a true housing capitulation and subsequent recovery and the mainstream media will stop at nothing to lead you to believe that's what is happening. A sample of perusing of a google news search for National Association of Realtors’ leads to titles such a U.S. Home Resales Probably Rose as Foreclosures Reduced Prices-Bloomberg, Real Estate's Spring Awakening-istockanalyst, US Home Sales Rise Second Straight Month In May-The Wall Street Journal, and I could go on, but can't bring myself to. The reality is that house prices went up in May for the same reason church attendance went up on Sunday.
Imagine a reporter writes a story about a priest telling everyone who wants to hear it that attendance in his church has gone up enormously. The story quickly gathers steam as other reporters quote it. It's a juicy story, because it makes just about everyone feel a little bit better in difficult times.Shows how a partial truth is far more misleading than outright lie. So much the better as far as National Association of Realtors (NAR) is concerned.
The predictable headline reads: "Church attendance soars" . Well chosen, since the reporter leaves open the option that it's not just one church, but a potentially larger drive. Just like in advertising campaigns for cars, detergent and presidents, picking the right words is imperative.
There is one detail of the story that escapes attention, though, amidst the happy feelings. It turns out that what the priest really told the reporter is that Sunday attendance was much higher than Saturday's. And that little tidbit of course makes it a non-story, because church attendance is always higher on Sunday.
Thing is, home sales in May are historically ALWAYS higher than in April. And there, of course, lies the link with the priest and his church attendance numbers, which are ALWAYS better on Sunday then on Saturday. In other words, the WSJ headline hides a non-story. But that doesn't matter. The same message, in varying words, went out through dozens of media outlets this morning. And people feel a bit better, becasue they think home sales went up. They did not. That is to say, they went up from April to May, but they always do that.It's a sad fact, but this is what we've come to, this is the kind of sneaky hype we have to put up with from the corporate state controlled media. Blind believe has and will lead to bankruptcy.
The real story, the one the headline conveniently hides, is that homes sales are down 3.6% from a year ago, and that prices in the same period fell 16.8%. And those are numbers from the NAR, an organization known for and set on bending both reality and the numbers that come with it until they will bend no more.
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