Unemployment Rate Increases in 29 States in October

Does the media cheerleading ever end? How much of this did you hear? http://www.calculatedriskblog.com/2009/11/unemployment-rate-increases-in-29.html It's over 15% in Michigan; and that is only the `soft' number.

Palin holding anti-Obama rallies on military bases - http://www.dailykos.com/storyonly/2009/11/19/806106/-Palin-holding-anti-Obama-rallies-on-military-bases What is up with this? Why has she and seemingly she alone been granted this right?

The great jobs-stocks disconnect - http://www.salon.com/opinion/feature/2009/11/18/stock_market/index.html?source=newsletter It's getting more shameless by the day - don't you think?

U.S. Homes Powered Partially by Russian Nuclear Weapons - http://gajitz.com/u-s-homes-powered-partially-by-russian-nuclear-weapons/ Here's an amazing story that is seldom mentioned.

Thanks for visiting today. If you liked the mix of stories - please bookmark and return.

Will Media Cheerleading Of Economy Continue With `Depression' Level Unemployment?

As a regular listener to CNBC and user of their website - and - a regular user of the cable newschannels -- it's strange to consider the continuing language they use concerning the economy -- specifically, the term `green roots'. To the common man in America, that term implies `an improvement' or a sign of better things happening. This in an economy and government that is often borrowing nearly 100 billion a MONTH - just to keep the whole ball rolling at all.

Cheerleading the economy with a backdrop of Michigan's official unemployment rate now exceeding 15% -- the first state since West Virginia in the mid 1980's. Cheerleading the economy with a backdrop of 15 states with an unemployment exceeding 10% - and with 38 states showing increases in unemployment last month. Cheerleading the economy while knowing that certain counties in California have unemployment nearing 20% and one county, Imperial, OFFICIALLY at over 27% unemployed.

Cheerleading the economy while the `official' U-6 - government unemployment figure exceeds 16% - (this includes the those underemployed and those who have given up looking) and in Michigan the number is now over 22%. Cheerleading the stock market rally, while knowing the biggest rallies that ever happened before happened in the Great Depression. Cheerleading the economy while knowing that the `wealth destruction' in this downturn - The Great Recession - is unmatched by any recent `recession'; indeed, palling in comparison.

Finally, cheerleading the economy while knowing that much of the `stimulus money' - isn't spent - and what is appears to be wasted or inefficient in it's allocation. And, lastly - cheerleading the economy while knowing that the `stimulus money' `saved' state and even local government jobs - such as teachers and firemen - and knowing that they will be lost jobs within a year without MORE `stimulus'.

Here's some links used in putting this post together:

http://www.appeal-democrat.com/news/percent-84524-county-unemployment.html Proof of 27% official unemployment in a California county.

http://www.google.com/hostednews/ap/article/ALeqM5iG41E9cl-hj1iLR6_ln6q-z8FY4QD99GEABO4 Proof of Michigan's official soft unemployment over 22%.

http://blogs.wsj.com/economics/2009/07/02/broader-unemployment-rate-hit-165-in-june/ Proof of U-6 unemployment in USA now over 16%.

http://online.wsj.com/article/SB123836938251967565.html "How a Modern Depression Might Look -- If the U.S. Gets There"

http://en.wikipedia.org/wiki/Depression_(economics)

http://baselinescenario.com/2009/01/15/intrade-market-betting-depression/ 56% betting ON a depression based on this definition. Real betting.

Today's Fun Link: (just hit the red x for a cool picture)
http://drewt333.deviantart.com/art/Undead-and-In-Love-70233797

The Michael Jackson Ruse

Am I the only one somewhat offended by the amount of coverage given to Michael Jackson's death? I mean, while he did break down some barriers with the Thriller album, and, produced an Oh My God moment with the first moonwalk dance move - isn't this a little overdone?

That said, he did breakdown another thing too -- he showed that a black man's money will `buy' justice too in America - both in the molestation trial he won and the one that he settled for millions. Indeed, he proved black money will buy `justice' even before O.J. did. And, he proved that EVEN child molesters can be `forgiven' within the big media - if they are interesting enough and can provide ratings. Jackson also proved that a black man can be nearly half a billion in debt too.

And, what a slam dunk for the media - no longer having to apologize for not having any real contacts in Iran - and getting that nasty - no one wants to think about story (Iran election and violence) off the tube. No tough questions for President Obama or any representative. And, finally, another break from having to talk about bad unemployment numbers - those nasty facts that keep putting toxins on the green shoots - and North Korea.

But, all this media talk and remorse for a fading star record maker, probable child molester, in debt a half billion dollars, who died of a probable misuse of hard drugs - is a little much for me. Heck, would an Israeli bombing of an Iran nuke site even make the news at this time?

More links for today:

Marijuana Fear-Mongering and Misinformation - http://watchingthewatchers.org/indepth/11796/arent-we-past The article asks if we are past using fear and misinformation about drugs to reduce use --- NO is the answer of course.

Waterboarding used on pot suspects, says London police officer - http://www.boingboing.net/2009/06/24/waterboarding-used-o.html It is a war for sure.

Unemployment Rate: A Visual Guide to the Financial Crisis - http://www.mint.com/blog/finance-core/a-visual-guide-to-the-financial-crisis-unemployment-rates/ Only once in a while does the media try to give real info - here's an example. Of course it's a NON big media site.

For today's fun link:
http://www.shorpy.com/node/6364?size=_original Montreal in 1900