Measuring Unemployment FOR REAL THIS TIME

Ok, if you've been scared about rising unemployment, here's a little tidbit that should frighten you even more. While I was aware that the reported unemployment rate is a fabricated, political version to keep numbers looking a lot better than they are, I was unaware of just how OFF this number is. Like, it's 50% WRONG, which puts current unemployment higher than unemployment at this stage following the onset of the Great Depression. Well done. Well. Done. You can read all about it by clicking here. They've put it together in a lovely flow chart (Sarah, this one's for you).

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Kyle Taylor

Rolling Stone On Economic Crisis

This is - hands down - the greatest explanation of "what happened" to cause the economic crisis I have ever read. Be warned - it's a long read. By the end, However, I want to take this Cassano guy out behind a warehouse somewhere and slap him around a bit. I mean, COME ON! The whole crisis can almost be tracked back to a single man at AIG Financial (which is located in London). Oops! Click here for the article.