We are in a Depression. Read on.

[TheCoolinator]

Originally Posted by Pentegarn

Saying "Unofficially unemployment is at 20-30%" isn't saying shit.

We all know they cook the books. It's a fact of life. We have very high unemployment in this country with little or no manufacturing base. I'm not saying anything that hasn't already been talked about since the depression began.

Also blaming the housing bubble alone on the current state of the economy is rather short sighted.

I'm not blaming the housing bubble on the world economic depression. Maybe idiots like Rush Limbaugh or Sean Hannity do because it's a big reactionary lie that they have to keep repeating but as I said before it's the 1.5 QUADRILLION dollars of financial speculative derivative paper which is unregulated and almost to an extent untraceable unless Goldman Sachs and the other investment bank parasites opens their books to government banking regulators.

Originally Posted by Colonel Flagg

Nope. You read it here twice. Which makes it the Gospel according to i-Mock.

What's the old saying?

When my neighbor looses his job its a recession.....when I loose my job it's a depression. You'll see.

[Pentegarn]

Originally Posted by TheCoolinator

We all know they cook the books. It's a fact of life. We have very high unemployment in this country with little or no manufacturing base. I'm not saying anything that hasn't already been talked about since the depression began.

Then show some solid facts to back this up. The numbers you are seeing come from various State departments of Job and Family Services, since unemployment benefits have been extended longer then the actual economic downturn has lasted (I was unemployed through most of it, so I would know this) the numbers don't need to be cooked. The 10% you are seeing is pretty much accurate.