http://corruptionsucks.blogspot.com/ Corruption Sucks Blog has been warning the public about this problem since 2003! NIA Addresses Latest BLS CPI Inflation Data The U.S. Bureau of Labor Statistics (BLS) reported their latest consumer price index (CPI) inflation data this past Thursday. According to the BLS, U.S. consumer prices for the month of February 2011 were up 2.11% on a year-over-year basis compared with February 2010. February’s year-over-year increase of 2.11% was up 29% from January’s year-over-year increase of 1.63% and is now above the Federal Reserve’s informal inflation target of 1.5% to 2%. Even the manipulated BLS numbers are showing that price inflation is beginning to spiral out of control, yet the mainstream media is doing everything possible to downplay inflation. Despite the BLS’s reported rate of price inflation rising above the Fed’s target, the media is ignoring this and referring to “core CPI”, which excludes food and energy (the two
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