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Porn Shutdown Causes Bad Jobs Numbers?

|Includes:SPDR Dow Jones Industrial Average ETF (DIA), GLD, PHYS, PSLV, SLV, SPY, USO

In this 30+ minute podcast, Jason Burack and John Manfreda of Wall St for Main St discuss the jobs report from this past Friday and the excuses Keynesians and the government is giving for poor jobs numbers. They also talk about the general state of the jobs market in the US and where jobs are being created.

www.cnbc.com/id/101015018

www.zerohedge.com/news/2013-09-06/porn-industry-blamed-temporary-softness-jobs-data

Next, Jason and John discuss the Fed and Wall St banks attempting to re-inflate a consumer credit bubble in autos by giving loans to sub-prime borrowers who cannot possibly ever pay back a large car loan. Most of the growth in auto sales is coming from no money down, sub prime loans.

John and Jason then talk about the Fed tapering and how it will be more difficult because an increasing amount of foreigners are now dumping their large US Treasury holdings.

Finally Jason and John talk about the Syria war/conflict and why this is really about a natural gas pipeline and the Petro Dollar and not humanitarian efforts like the mainstream media says.

Jason and John summarize the podcast, talk about gold and silver market and think the Fed cannot meaningfully taper without causing the stock and real estate markets to crash.

If you want a free copy of our oil report, have questions for us to answer on future podcasts, have any ideas for future podcast guests, any comments or questions, or are interested in paid consulting work please email us at wallstformainst@gmail.com

Follow Jason Burack on Twitter @JasonEBurack
Follow Mo Dawoud on Twitter @m0dawoud
Follow John Manfreda on Twitter @JohnManfreda
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youtu.be/nYuhNFwVLGA

Stocks: DIA, USO, SPY, GLD, PSLV, SLV, PHYS