what i'm saying is that "transparency" is no longer, at some point in 2006, an adjective that can be applied to the "US money supply".
as far as why they're doing this, i can guess, based on known facts.
i would like to see a break-out separating oil and real estate, in terms of looking at the economic numbers.
people re-fi-ing their houses has been a major "income" source for a lot of American households. including me.
that income source is drying up. interest rates are going up.
rising liquid fuel and natural gas costs are showing up everywhere in the US economy.
the dollar has fallen about 40% since the last time the Dow was 11K. gold has risen about 67%. those dollars are not worth as much, and the US is losing its ability to pay down the debt.
the debt is $8 trillion & climbing, with 4%+ interest rates. that means debt service is $320 billion plus a year.
meanwhile, the US is going around the world killing people and spreading depleted uranium.
then going to the rest of the world and saying, "please loan us more money" - which will be used to seize the oil.
at some point, nations like China will say, "uh, no". in fact, China is diversifying their US $ holdings, i.e., rotating OUT of the dollar.
so WHO will provide the 1.8 $Trillion that the US is planning to borrow next year ?
these are Weimar Republic numbers (that's a reference to hyper-inflation).
if you measure by the price of oranges, or razors, or rent, or gas for the car, inflation is just a tad above the official 4% (and unemployment is "just a tad" above the official 5.6%)
in short, the US economy is a House of Cards. it is a very complex system that is poised for a fall.
yes, the Fed can (and does) manipulate the market. heck, the banks create money every time they do a re-fi with a cash-out (i did 3 of these before i sold my condo - you should hear what the banker had to say about the economy during my last re-fi in november 2003.)
i would like to see Canada and the rest of the world develop their trade, so that a US collapse does not hurt the rest of the world, so much.
there is still a huge amount of strength in america - loads of experienced engineers that have the hands-on skills to build the work-around solutions associated with a widespread liquid fuels and natural gas shortage.
however, until the US is smart enough to build railroads - instead of tearing them down, which is the INSANE policy being pursued (ref. Amtrak) - and other large public works projects (like Europe, for example), America is basically a country with a big army and a nasty foreign policy and a big smiley face.
meanwhile, Sweden, for example, is quietly preparing for 100% petroleum independence by 2020.
i like free enterprise.
i detest the organized crime that passes for "free enterprise" in America. "privatize the profits, socialize the costs" -- this is the mantra of a lot of American business. It is also the mantra of psychopaths.
and i've had ENOUGH of them.
the unfortunate thing is, during such times, it is primarily the poor and the middle class that run around with extremely heightened anxiety levels, that get hurt.
maybe it's good that the bubble is maintained as it is.
the "soft landing" that is predicted by a lot of energy experts is a 1930's style recession. (soft landing, as America transitions away from petroleum addiction.)
if you look at the history of the american CIA, it is inextricably inter-twined with the petroleum industry.
we saw the american response to the situation on 9-11. we see it today in iraq.
if you want to read about the energy industry
in short, all around me i see the signs of a culture in decay - pretending that everything is AOK.
my MBA brother says "the only thing that matters is U.S. $ profits".
americans have trouble understanding that one of the primary purposes of free enterprise is to provide good jobs, where "good jobs" is defined according to humanitarian/humanistic principles, say by Naomi Klein or Michael Moore.