Free Republic
Browse · Search
Bloggers & Personal
Topics · Post Article

To: Red Badger

I think this is less to do with BLS being nefarious and more to do with the fact they are incompetent.

I read about this issue from another source that had more detail, evidently on the webpage where the information was supposed to be posted at 8am, a phone number to BLS was listed, the banks who got the information early all called the number and simply asked the tech who answered the call what data would be reported, the tech simply told them what would be reported.

In the 30-minute gap before the data was posted online, the rest of Wall Street found out simply calling the number listed on the webpage was how the banks found out early, that resulted the phone lines melting down.

The really stupid part was last night at the DNC convention, Gina Raimondo, Labor Secretary was asked about the screw up because Donald Trump had brought up the issue at his campaign rally.

Raimondo said she did not believe a single thing Trump said, the reporter to her credit told Raimondo, the data came from the BLS which she oversees, Raimondo responded by saying she didn’t know anything about the revised numbers.


4 posted on 08/22/2024 4:02:22 AM PDT by srmanuel
[ Post Reply | Private Reply | To 1 | View Replies ]


To: srmanuel

Saying she didn’t know anything.......would be more accurate...........


6 posted on 08/22/2024 4:05:35 AM PDT by Red Badger (Homeless veterans camp in the streets while illegals are put up in 5 Star hotels....................)
[ Post Reply | Private Reply | To 4 | View Replies ]

To: srmanuel

Incompetence permeates virtually every part of the Federal government under the purview of Deep State and the Harris/Biden regime.

That Krazy Komrade “Que mala” Kamala Harris owns every bit of it, she was in the room when these decisions were made, and she aided and abetted the implementation of virtually every aspect of the “Bidenomics” and the border crisis, among others.

So not ready for prime time.


8 posted on 08/22/2024 4:11:22 AM PDT by alloysteel (Most people slog through life without ever knowing the wonders of true insanity.)
[ Post Reply | Private Reply | To 4 | View Replies ]

To: srmanuel

There have been rumors about the bad dat for days.

My bet is the only people who didn’t know were most of the taxpaying public.

What did members of Congress know and when did they know it, hmmmm?

Bankers should already have had a damn good idea they were being lied to or they should find a new line of work.


17 posted on 08/22/2024 5:13:18 AM PDT by mewzilla (Never give up; never surrender!)
[ Post Reply | Private Reply | To 4 | View Replies ]

Free Republic
Browse · Search
Bloggers & Personal
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson