Once again the mainstream media boohooed over a false and misleading seasonally falsified industrial production number, bemoaning that the SA number was down 0.4% month to month in May. They are playing into the Wall Street mob’s desire for manna from Ben next week. It’s totally bogus, supported only by false and misleading SA data, not the real activity.
In what has to be the most-telegraphed event in financial and economic history, the mouthpiece mainstream media is making it clear that Bernanke is NOT going to announce yet another round of “QuantSleaze” in two hours.
Here is a link to a WSJ blog pos…