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Economics and Investing:

Unemployment Rate Rises to 9.6% [1]. That is the official figure from the BLS [2]. But the really telling number is for under-employment. That is buried down in line U-6 in Table A-15. Alternative measures of labor underutilization [3]. And again, that is the official figure. A 2004 article [4] suggested that the real world numbers are probably substantially higher. (Somehow I doubt that this under-reporting has been rectified.)

Sue C. sent us this: Bernanke: Shut down banks if they threaten system [5]

120 Days to Go Until the Largest Tax Hikes in History [6].

Items from The Economatrix:

Global Collapse of the Fiat Money System: Too-Big-To-Fail Global Banks Will Collapse Between Now and First Quarter 2011 [7]

Complete List of Bank Failures [8]

Where The Banks are Failing [9]

Investors Bracing for Dreaded “September Effect” [10]