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Ep. 246: Fed Forecasts - Propaganda or Incompetence?

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The Peter Schiff Show Podcast - Episode 246Open your Goldmoney account today: https://www.goldmoney.com/Sign up for my free newsletter: http://www.europac.net/subscribe_free...Peter Schiff Gold News: http://www.SchiffGold.com/newsBuy my newest book at http://www.tinyurl.com/RealCrashFriend me on http://www.Facebook.com/PeterSchiffFollow me on http://www.Twitter.com/PeterSchiff

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Donald Trump's First 100 Days Government shutdown Balanced Budget Q1GDP Atlanta Fed GDP forecast PMI Manufacturing Index ISM Manufacturing Index Personal Income Personal Spending Trump Optimism bolster deliver encourage fill find fuel give maintain nourish provide satisfy stuff supply sustain banquet cater cram dine dispense fatten feast foster furnish gorge hand minister nurse nurture provision regale stock strengthen support victual dish out hand over wine and dine deplete deprive discourage dissuade fail hold keep neglect take withhold abstain fast hurt ignore release starve detective P. I. Sherlock Holmes agent analyst bird dog bloodhound bull constable cop dick eavesdropper eye fed fink flatfoot gumshoe informer nark peeper plainclothes officer police officer private eye private investigator prosecutor reporter roper scout sergeant shadow shamus shoofly sleuth slewfoot snoop spy tail detectives P. I.S Sherlock holmes agents analysts bird dogs bloodhounds bulls constables cops dicks eavesdroppers eyes feds finks flat feet gumshoes informers narks peepers plainclothes officers police officers private eyes private investigators prosecutors reporters ropers scouts sergeants shadows shamuses shooflies sleuths slewfoots snoops spies tails patrolman arm of the law badge bear beat cop black and white blue bluecoat bobby constabulary copper corps finest force gendarme heat law law enforcement narc officer patrol patrolwoman peace officer police policewoman boy scout county mounty fuzz man officers oink pig arm of the laws badges bears beat cops black and whites bluecoats blues bobbies constabularies coppers forces gendarmes law enforcements laws narcs patrols criminals Fed budget calculation estimate outlook prognosis projection anticipation augury cast conjecture divination foreknowledge foreseeing foresight foretelling forethought foretoken guess planning precognition prescience prevision prognostication prophecy hindsight ignorance thoughtlessness foresee calculate conclude anticipate portend foretell gauge determine augur figure prophesy gather predetermine adumbrate reason plan demonstrate prognosticate divine presage infer surmise telegraph call the turn dope out figure out in the cards see it coming soothsay start begin misunderstand doubt announce forebode forecast forerun foreshow harbinger herald indicate predict signal signify be quiet keep secret hide withhold suppress repress refrain conceal bottle up announcing advertising annunciating blasting blazoning broadcasting calling communicating declaring disclosing disseminating divulging drumming giving out imparting intimating issuing making known making public passing the word proclaiming promulgating propounding publicizing publishing releasing reporting revealing running off at mouth sounding off spreading around stating telling trumpeting being quiet keeping secret secreting keeping quiet keeping holding withholding repressing refraining bottling up listening suppressing hiding concealing assume await bargain for be afraid count chickens count on cross the bridge entertain foretaste have a hunch hope for jump the gun look for look forward to plan on prepare for promise oneself see see coming see in the cards suppose visualize wait wait for be surprised anticipates assumes awaits conjectures counts chickens counts on crosses the bridge divines entertains figures forecasts foresees foretastes foretells has a hunch is afraid jumps the gun looks for looks forward to prepares for previsions prognosticates promises oneself prophesies sees sees comes sees in the cards supposes visualizes waits waits for is unready is amazed is surprised doubts anticipating assuming awaiting being afraid conjecturing counting chickens counting on crossing the bridge divining entertaining figuring forecasting foretasting having a hunch jumping the gun looking for looking forward to preparing for previsioning prognosticating promising oneself prophesying seeing seeing coming seeing in the cards supposing visualizing waiting waiting for being unready being amazed being surprised doubting apprehension awareness foreboding inkling intuition preconception premonition presentiment prior knowledge realization wonder sensation surprise fear astonishment amazement disinformation hype indoctrination publicity advertising agitprop announcement brainwashing doctrine evangelism handout hogwash implantation inculcation newspeak promotion promulgation proselytism publication truth advertisement bill blurb broadcast circular classified ad commercial communication declaration display endorsement exhibit exhibition flyer literature notice notification placard plug poster proclamation propaganda squib throwaway want ad hiding diffusion circulation dispersal dispersion dissemination dissipation expansion propagation scattering concentration collection article article of faith attitude axiom basic belief canon concept convention conviction credenda creed dogma fundamental gospel instruction position precept pronouncement proposition regulation rule statement teaching tenet tradition universal law unwritten rule heterodoxy unbelief skepticism disbelief ambiguity doctrines article of faiths articles attitudes axioms basics beliefs canons concepts conventions convictions credendas creeds declarations dogmas fundamentals gospels instructions positions precepts pronouncements propositions regulations rules statements teachings tenets traditions universal laws unwritten rules skepticisms ambiguities empty talk gossip hot air palaver rhetoric rumor tall talk information advice ammo break chapter and verse clue confidence counsel cue data dirt dope dossier earful enlightenment erudition illumination info inside story intelligence knowledge leak learning lore lowdown material message network orientation report science scoop score tidings tip what's what whole story wisdom word question ignorance silence Propaganda tuchas Donald early aboriginal antecedent anterior basic beginning cardinal front fundamental head inaugural initial key leading least opening original pioneer premier primary prime primitive ahead elementary first off headmost in the beginning inceptive incipient introductory lead off number one numero uno primeval primogenial primordial pristine right up front rudimentary slightest smallest additional auxiliary ending extra final following inessential inferior insignificant last minor nonessential secondary subordinate trivial unimportant dominant champion foremost sovereign chief ruling main arch principal advanced eminent first-class outstanding paramount predominant preeminent supreme top-flight ranking primo A-number-1 first-string greatest head of the line top of the list unnecessary submissive initially originally beforehand at the outset before all else in the first place to begin with to start with finally ancient earliest endemic first indigenous native foreign new modern advance earlier forward in front in the forefront in the lead previously prior behind after later avant-garde breakthrough cutting-edge excellent exceptional extreme higher late leading-edge liberal precocious progressive radical state-of-the-art unconventional advancing along ante antecedently at an advantage at the head before fore in the foreground onward onwards precedent precedently preceding previous progressing to the fore alpha start accomplished consummate expert finished highest major master top amateur incomplete unfinished inexpert worst lower First! tuchas First FIRST!! 100 10-0 100's daylight daytime light sunlight sunshine astronomical day bright dawn-to-dark diurnal course early bright light of day mean solar day nautical day sidereal day sunrise-to-sunset working day darkness night evening term period time prime zenith generation age years epoch height ascendancy heyday cycle bottom nadir aeon blue moon century date day duration era interim interval life lifetime millennium span continuation ages adolescence adulthood boyhoods childhoods dotage elderlinesses girlhood infancies lifetimes lives majorities maturities middle ages milestones old ages senility seniorities wear and tears youths course hour juncture moment quarter reign spell stage while year aurora dawn daybreak during the day sunrise sunset days eon breed contemporaries crop peers rank step times destruction Days tuchas Government Shutdown tuchas government shutdown Government-Shutdown authority law ministry politics power regime rule state union Washington bureaucracy command control direction domination dominion empire execution executive governance guidance influence jurisdiction patronage polity predominance presidency regency regimentation regulation restraint sovereignty statecraft superintendence superiority supervision supremacy sway Uncle Sam political practice powers-that-be the feds inferiority opposition powerlessness submission subservience weakness anarchy chaos coup insurrection lawlessness mutiny revolt revolution administration administering agency application charge conduct conducting directing dispensation disposition distribution enforcement governing government handling legislation order organization overseeing oversight performance policy provision running strategy surveillance neglect failure mismanagement disregard ignorance inefficiency disorganization authorities ascendancy authorizations beeves charges clouts commands credits dominions edges esteem forces goods governments guts influences juices jumps jurisdictions leg ups licenses mastery might and mains mights permissions permits pizzazzes powerhouses pows prerogatives prestige punches rights ropes rules say say-sos steam strengths strong arms stuff upper hands warrants weights what it takes whip hands words zaps breaks breaches subordinations prohibitions disadvantages lethargies lacks weaknesses authorization beef clout credit edge force juice jump leg up license might might and main permission permit pizzazz pow powerhouse prerogative punch right say-so strength strong arm upper hand warrant weight whip hand word zap break breach subordination prohibition disadvantage lethargy lack beadledom city hall civil service directorate management officialdom officials powers that be red tape regulatory commission the Establishment the system cabinet administrators advisers assembly assistants brain trust bureau committee council counselors department heads governing body kitchen cabinet official family ability absolutism aplomb coercion compulsion constraint despotism expertise expertism expertness grasp grip hold know-how leadership primacy royalty skill strings tyranny recall countermand release freedom revocation reversal contradiction inability tuchas Government closedown closure stoppage abandonment cessation beginning start abeyance arrest blockage check close cutoff deduction discontinuance down downtime hindrance interruption layoff lockout obstruction occlusion shutdown sit-down standstill stopping walkout promotion help advance encouragement continuation assistance aid tie-up gridlock immobilization jam shut down tuchas Shut Down shutdown! equitable fair counterbalanced offset stabilized uniform equivalent just proportional symmetrical biased partial prejudiced unfair unjust unreasonable imbalanced unbalanced unequal unsymmetrical confirmed validated certified commonsensical balanced commonsense commonsensible judicious levelheaded practical prudent rational reasonable sage sapient sound wise compensating adjusting atoning balancing compensatory settling compos mentis all there lucid mentally sound of sound mind stable well-balanced equal according break even commensurate comparable coordinate correspondent corresponding double duplicate egalitarian evenly matched fifty-fifty homologous identic identical indistinguishable invariable level look-alike matched matching one and the same parallel proportionate same same difference spit and image stack up with tantamount to the same degree two peas in pod unvarying unequitable not alike mismatched different disproportionate varying unmatched divergent inconsistent variable changing unlike dissimilar even disinterested dispassionate fair and square honest nonpartisan square straightforward unbiased unprejudiced troubled rough irregular broken agitated uneven disparate even-handed aboveboard fair-and-square honorable impartial justifiable neutral objective on the level on the up-and-up right straight upright virtuous Balanced account allocation cost total aggregate allowance bulk finances funds means quantity quantum resources statement estimated expenses fiscal estimate planned disbursement spending plan debt allocate calculate compute apportion predict ration estimate affordable bargain budget cheap cost-effective economical fair low-cost modest nominal reasonable reduced steal thrifty premium exorbitant pricey costly expensive admeasure allot appropriate cut designate dish out divvy earmark give mete set aside share slice keep together keep hold withhold allocated admeasured allotted apportioned appropriated budgeted designated dished out divvied earmarked gave meted shared sliced kept together kept held withheld allocates admeasures allots apportions appropriates budgets cuts designates dishes out divvies earmarks gives metes sets aside shares slices keeps together keeps holds withholds allocating admeasuring allotting apportioning appropriating budgeting cutting designating dishing out divvying earmarking giving meting setting aside sharing slicing keeping together keeping holding withholding appoint assign cut the pie distribute dole shell out split up retain disallow reject refuse tuchas atlanta tuchas Atlanta GDP tuchas budget calculation estimate outlook prognosis projection anticipation augury cast conjecture divination foreknowledge foreseeing foresight foretelling forethought foretoken guess planning precognition prescience prevision prognostication prophecy hindsight ignorance thoughtlessness foresee calculate conclude anticipate portend foretell gauge determine augur figure prophesy gather predetermine adumbrate reason plan demonstrate prognosticate divine presage infer surmise telegraph call the turn dope out figure out in the cards see it coming soothsay start begin misunderstand doubt announce forebode forecast forerun foreshow harbinger herald indicate predict signal signify be quiet keep secret hide withhold suppress repress refrain conceal bottle up announcing advertising annunciating blasting blazoning broadcasting calling communicating declaring disclosing disseminating divulging drumming giving out imparting intimating issuing making known making public passing the word proclaiming promulgating propounding publicizing publishing releasing reporting revealing running off at mouth sounding off spreading around stating telling trumpeting being quiet keeping secret secreting keeping quiet keeping holding withholding repressing refraining bottling up listening suppressing hiding concealing assume await bargain for be afraid count chickens count on cross the bridge entertain foretaste have a hunch hope for jump the gun look for look forward to plan on prepare for promise oneself see see coming see in the cards suppose visualize wait wait for be surprised anticipates assumes awaits conjectures counts chickens counts on crosses the bridge divines entertains figures forecasts foresees foretastes foretells has a hunch is afraid jumps the gun looks for looks forward to prepares for previsions prognosticates promises oneself prophesies sees sees comes sees in the cards supposes visualizes waits waits for is unready is amazed is surprised doubts anticipating assuming awaiting being afraid conjecturing counting chickens counting on crossing the bridge divining entertaining figuring forecasting foretasting having a hunch jumping the gun looking for looking forward to preparing for previsioning prognosticating promising oneself prophesying seeing seeing coming seeing in the cards supposing visualizing waiting waiting for being unready being amazed being surprised doubting apprehension awareness foreboding inkling intuition preconception premonition presentiment prior knowledge realization wonder sensation surprise fear astonishment amazement tuchas Forecast PMI tuchas pmiS Pmis construction manufacture accomplishment assembling assembly casting completion composing composition creation doing erection fabrication finishing forging formation making preparing produce tooling mass-production adjustment attachment building collection connecting fitting together joining manufacturing modeling molding piecing together setting up shaping welding business affairs bargaining barter buying and selling capital and labor commercialism contracts deal dealings exchange free enterprise game industrialism industry market merchandising racket sales selling trading traffic transaction undertaking unemployment recreation avocation businesses bags bizes callings careers crafts dodges employments fields functions games lines livelihoods métiers occupations pursuits rackets specialties trades vocations what one is intos works amusements surrenders hobbies recreations avocations pastimes fun entertainments engineering arranging authorizing constructing handling implementing organization organizing systematization industrial automated factory-made in industry industrialized machine-made manufactured mechanical mechanized modern smokestack streamlined technical domestic accomplishing creating effecting executing fashioning forming generating originating producing indicator ratio basis clue evidence formula guide hand indicant indication mark model needle pointer rule sign symbol symptom token indicia significant alphabetize list record catalogue file docket tabulate disorganize disorder disarrange album anthology collection depository index memento memory book miscellany notebook portfolio register registry scrapbook order systematize mix up appendices addenda additions adjuncts appendages appurtenances attachments codicils excursi indexes notes postscripts riders samples supplements tables verifications subtractions lessenings appendix addendum addition adjunct appendage appurtenance attachment codicil excursus postscript rider sample supplement table verification subtraction lessening back matter afterword end matter epilogue preliminaries front matter catalog book brief flyer inventory price list prospectus roll roster schedule tally tuchas Index indices congregation denomination faith religion sect society affiliation body chapter communion connection creed cult doctrine faction gathering order persuasion schism agnosticism disbelief church ism -ism intimate particular secret special exclusive privy claimed own peculiar retired secluded common ordinary public unimportant usual general brotherly affectionate altruistic amicable benevolent charitable compassionate comprehending comradely cordial disinterested forgiving fraternal generous humane kindly neighborly personal philanthropic selfless solicitous sympathetic tender understanding unneighborly uncompanionable sisterly cool cold uncompassionate antagonistic unsociable unfriendly hostile characteristic appropriate diagnostic differentiating discriminating discriminative distinctive distinguishing emblematic especial essential fixed idiosyncratic inborn inbred indicative individual individualistic ingrained inherent innate local marked native normal original private proper regular representative singular specific symbolic symptomatic unique uncharacteristic foreign uncommon irregular untypical indefinite atypical eccentric unusual abnormal standard similar direct contiguous firsthand head-on immediate lineal next primary prompt proximate resultant succeeding devious varying interrupted intermittent deviating changing wily indirect dishonest each all any one by one piece by piece respective separate several single various without exception none egotistic affected aloof autocratic boastful boasting bragging conceited egocentric egoistical egomaniacal egotistical haughty inflated inner-directed intrinsic introverted isolated narcissistic obsessive opinionated pompous prideful proud puffed up self-absorbed self-admiring self-centered self-important snobbish stuck-up subjective superior swollen vain vainglorious reserved modest humble unpretentious egotistic\u002Fegoistic stuck on oneself shy unassuming timid submissive tuchas Personal personals cash compensation earnings interest livelihood pay proceeds profit revenue royalty salary wage assets avails benefits commission dividends drawings gains gravy gross harvest honorarium means net payoff receipts returns bottom line cash flow in the black take home debt loss bills expenses acquisition accomplishment achievement allowance annuity award benefit bonus dividend donation fortune gain gift grant income increment inheritance premium prize remuneration return reward riches security wages wealth winnings want need failure defeat lack dearth penalty punishment misfortune forfeit poverty acquisitions accretions achievements acquirements acquirings additions attainments buys gainings learnings obtainments possessions prizes procurations procurements procurings properties purchases pursuits recoveries redemption retrievals salvage needs failures lacks dearths surrenders forfeits losses basis conclusion core crux determination essence fiber final decision fundamentals key point last word main idea main point main thing meat and potatoes name of the game nitty-gritty nuts and bolts point reality sum and substance what it's all about whole story circumstances capitals chances classes commands degrees dowries financial statuses footings incomes lifestyles lots net worths outlooks positions precedence prestige prospects prosperity ranks ratings resources situations spheres standings states stations statuses substances times way of lifes worldly goods debts poornesses balance emolument gate groceries lucre piece of the pie salt stipend take-home takings payment endowment benefaction bequest bestowal boon bounty dispensation fund funding gifting gratuity largess legacy nest egg pension presentation property provision stake subsidy trust weakness inability drawback disadvantage Income allocate concentrate consume contribute donate drop employ expend give invest put in settle use waste absorb apply bestow blow confer defray deplete disburse dispense dissipate drain empty exhaust fritter lavish liquidate misspend squander ante up cast away come across come through cough up evote foot the bill hand out lay out outlay pay down pay up run through shell out spring for throw away use up build hold keep neglect save shun take take away withhold fill hoard set aside be lazy earn get receive devote kill drift idle pass misuse laze fool around let pass while away create disbursement cost disposal expenditure expense outgoing spending deposit savings enjoyment advantage benefit exercise having indulgence ownership using want need unhappiness misery handicap lack woe sorrow dissatisfaction displeasure loss hindrance disadvantage amount application bottom line cash on barrelhead charge come to consumption dissipation figure investment kickback outgo output payoff price rate setback splurge throw tune valuation value expenditures amounts applications bottom lines cash on barrelheads charges come tos consumptions costs disbursements dissipations expenses figures investments kickbacks outgos outlays outputs payoffs prices rates setbacks spendings splurges squanders throws tunes uses valuations values wastes assessment bite budget debit debt decrement deprivation duty forfeit forfeiture insurance liability loan mortgage obligation out of pocket outdo overhead payroll price tag responsibility risk sacrifice sum surcharge tariff toll upkeep worth irresponsibility asset damage highway robbery score tab blessing pay income boon aid ascendancy asset assistance authority avail blessing boon break choice comfort convenience dominance edge eminence expediency favor gain good gratification help hold improvement influence interest lead leeway leverage luck mastery odds position power precedence preference prestige prevalence profit protection recognition resources return sanction starting superiority support supremacy utility wealth ace in the hole leg-up pre-eminence trump card upper hand bad fortune bad luck block blockage debt disadvantage disapproval disfavor harm hindrance hurt impotence incapacity inefficiency inferiority injury lack last loss misfortune obstruction stop subordination subservience waste weakness outdo overtake exceed finesse outsmart excel surpass defeat lose fall behind fail cap beat best better button down button up can clinch cob complete cover crest crown do to a T eclipse finish outshine outstrip pass put the lid on surmount top top it off transcend trump wrap up lay out forget start introduce begin surrender disregard ignore capped bested bettered buttoned down buttoned up clinched cobbed completed could covered crested crowned did to a T eclipsed exceeded excelled finished outshone outstripped passed surmounted surpassed topped topped it off transcended trumped wrapped up lost forgot started introduced began fell behind failed surrendered disregarded ignored capping beating besting bettering buttoning down buttoning up canning clinching cobbing completing covering cresting crowning doing to a T eclipsing exceeding excelling finishing outshining outstripping passing putting the lid on surmounting surpassing topping topping it off transcending trumping wrapping up lying out losing forgetting introducing beginning falling behind failing surrendering disregarding ignoring caps beats bests betters buttons down buttons up cans clinches cobs completes covers crests crowns does to a T eclipses exceeds excels finishes outshines outstrips passes puts the lid on surmounts surpasses tops tops it off transcends trumps wraps up lies out loses forgets starts introduces begins falls behind fails surrenders disregards ignores discomfit abash annoy baffle balk bother checkmate confound demoralize discompose disconcert discountenance disturb embarrass faze fluster foil irk outwit overcome perplex perturb prevent rattle ruffle take aback thwart unsettle upset vex worry worst yield make happy encourage clear up please settle order compose abet delight reassure explain enlighten appease calm assist soothe discomfiting abashing annoying baffling balking bothering checkmating confounding demoralizing discomposing disconcerting discountenancing disturbing embarrassing fazing flustering foiling irking outwitting overcoming perplexing perturbing preventing rattling ruffling taking aback thwarting unsettling upsetting vexing worrying worsting yielding making happy encouraging pleasing settling ordering composing supporting helping abetting delighting reassuring explaining enlightening appeasing calming assisting aiding comforting soothing Trumps tuchas Trump anticipation certainty confidence elation enthusiasm expectation happiness idealism trust assurance brightness buoyancy calmness cheer cheerfulness easiness encouragement exhilaration hopefulness positivism sanguineness sureness good cheer looking on bright side rose-colored glasses depression distrust doubt fear sadness sorrow uncertainty unhappiness discouragement gloom hopelessness pessimism animation cheeriness comfort delight exuberance gaiety geniality gladness glee hilarity jauntiness jocundity joy joyousness lightheartedness liveliness merriment merry-making mirth optimism solace boo seriousness gravity distress irritation melancholy light-heartedness cheerlessness misery woe cheers acclamation approbation approvals cries encouragements hurrahs hurrays huzzahs ovations plaudits roars shouts boos gravities depressions melancholies disapproval advance advocacy aid assistance backing boost consolation consoling easement enlivening faith favor firmness fortitude helpfulness hope incentive incitement inspiration inspiritment invigoration promotion reassurance reassuring refreshment relief relieving reward shot in the arm softening stimulation stimulus succor supporting urging annoyance deterrent derision denunciation disbelief impediment injury hurt hindrance beatitude blessedness bliss content contentment delectation delirium ecstasy enchantment enjoyment euphoria felicity good humor good spirits joviality jubilation laughter paradise peace of mind playfulness pleasure prosperity rejoicing sanctity seventh heaven vivacity well-being trouble pain worry upset despair dissatisfaction displeasure Promised Land achievement ambition aspiration assumption belief bright side castles in air concern daydream dependence desire endurance expectancy fancy fool's paradise fortune gain goal greedy glutton light at end of tunnel pipe dream promise prospect reliance reverie rosiness security stock thing with feathers utopia wish truth fact reality hatred hate dislike Optimism
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