SHOCK REPORT: "60 Minutes": The Real Unemployment Rate Is 17% (video)

RealClearPolitics ^ | October 23, 2010 | RealClearPolitics

[i88schwartz]

"60 Minutes": The Real Unemployment Rate Is 17%

CBS: "The national unemployment rate of 9.5% percent sounds incredibly high and of course, it is. But, it doesn't nearly capture the depth of the trouble. It doesn't count the people who've seen their hours cut to part-time, it doesn't count the people who've quit looking for work. If you add all of that together, the unemployed and the underemployed, it's not 9.5% percent, it's 17% and here in California it's 22%."

[devane617]

Getting spookier by the day. Out of the stock market completely....This week could get ugly.

[rsobin]

OUCH, a week before the election.

[Happy Rain]

“Reverse Operation Chaos.”

Clinton took the Limbaugh bait—her media minions are poisoning Obama’s well in time for the election.

[Harley]

This was a sad show for the people of San Jose. All I can say is if you want change don’t vote for Boxer or Brown. Their collusion with Obama will only make your plight worse.

[devane617]

You may be exactly correct. I smell a Clinton at work. The MSM seems to be gaining steam on the Obama negative(s) express.

[Outlaw Woman]

There’s an ‘active’ thread on this already. Some very good conversation going on there.

http://www.freerepublic.com/focus/f-news/2613754/posts

[raccoonradio]

Meanwhile in MA some polls are showing MA gov Deval Patrick-D is expanding his lead...sure, put the Dem back in. Together we can.

[Parley Baer]

“Meanwhile in MA some polls are showing”

Very typical of the media sponsored polls trying to shore up their dimoKKKRAT candidates and trying to get the rat base out to vote.

[ExTexasRedhead]

Hopefully, the useful idiots are listening to the truth that we’ve all known for months. The Imam ad his cohorts can’t hide reality that we see all around us.

Kind of hard to put perfume on this RAT sewage wouldn’t ya say????

[Cicero]

The dollar is tanking and gold and silver are rising as the markets open in Asia.

http://www.kitco.com/charts/livegold.html

[screaminsunshine]

They are in a Pickle. They want to start with negative economic stories they have hidden for two years. But Obama will still be Prez. Maybe it is a sign they will back Hillary and throw Obama under his own Bus.

[SC_Pete]

Absolutely: the WaPo hit peice on the Holder DOJ, the Minneapolis Star favorably reviewing the new book, Radical-In-Chief, and now 60 Minutes telling the truth about unemployment. ALL HITS ON OBAMA by Leftist media outlets.

RATS do not tell the truth unless there is a political reason to do so.

THIS IS THE CLINTON CRIME SYNDICATE AT WORK. Carville, John Podesta and the Center for American Progress, and so on. This is the Chicago Mob vs the Clintons. The RATS know that Obama is death. He could damage them for a generation. The move is on to replace him at the top of the ticket.

I’ll bet they have the goods on Obama. OBAMA bulldozed the Hillary campaign—they have never forgotten. Knives are out.

[smaug6]

I like this analysis the best of what I have heard. Concise and to the point. Let the games begin.

[beethovenfan]

Oh, but not to worry! Soon there will be MILLIONS of GREEN JOBS!!/sarcasm

[blam]

And The Result Of The G20 Talks Is... The Dollar Is Tanking, And Gold Is Rallying

[freekitty]

It’s time for the Rat sewage to go.

[truthguy]

This was a sad show for the people of San Jose. All I can say is if you want change don’t vote for Boxer or Brown. Their collusion with Obama will only make your plight worse.

Yes, things are very bad in Silicon Valley as I can attest. I've lived here over 25 years and I've never seen it worse.

However knowing hundreds of silicon valley types, I can assure you people here are anything but logical and rational. And I can assure you that these same people who are suffering will go to the polls and vote for Brown and Boxer by better than 2 to 1. Trust me on this one.

Silicon Valley has a very thin veneer of super bright people who work in the technology area. Once you get past that 3-4% of people, the residents here are a dumb as a box of rocks. And those 3-4% of people seem to be only bright in a very limited area. California and Silicon Valley in particular seem to believe that you can put every handicap possible in front of business and still have a healthy economy. They don't seem to believe that God doesn't love more than others. And they believe prosperity is their birthright no matter how terrible they act. They believe the tech companies won't pack up and leave even as many have done. And most people here don't believe you need to have some degree of base manufacturing to support your high tech and services. They believe in the idiocy of anthropogenic global warming and they will vote against Prop 23 which is the one thing that just might save them. They believe in the illusion of green jobs but few of these people even know what a green job is.

In short this area is filled to the brim with idiots. They vote like idiots and they act like idiots. And despite the high unemployment, the companies are still saying we need to increase H1B visa and they can't find qualified people. Unbelievable! Yes as I stated there is a small veneer of bright people but that small percentage is simply not enough. God help us.

[dusttoyou]

Soros backed nobama. Hitlery told to stand-down. Nobama fell on his ass. Bad investment for sorass. Klintoons back in good graces for counter attack. Look for lots more hits in MSM on the ONE and more chrome polish for hitlery.

112th Congress needs to open with investigation of soros and jail him or run him out of the country.

[Sprite518]

What really is shocking is after all this there are still idiots that believe the Democrats some how are going to fix it.