Enumeration: Losing 263,000 jobs in September and driving the unemployment rate up to 9.8% is just the beginning. The BLS admits they have been underestimating the number of business failures and now admit that since the recession started the US has lost over 8 million jobs. The unemployment rate – corrected – is actually 10.4% and rising. Some say employment data doesn't matter because it is a backward-looking piece of information, not predictive. I say it pretty clearly shows that the cure hasn't taken and maybe we should switch doctors.
Candidates: Twenty-six banking firms are reporting more than 20% of their loans are at least 90 days delinquent. Three of them say that nearly half their loans are not being paid. FDIC to the rescue, as soon as someone rescues the FDIC.
Playing Doctor: There are nine 'thresholds' which, when crossed, will seriously disrupt the environment and ecology of the last 10,000 years, the period when civilization arose. They range from the familiar CO2 concentration in the atmosphere to the unfamiliar but serious decrease in ozone concentrations. There are the aerosols and particulates building up in the atmosphere, enormous chemical pollution of the environment, excess phosphorus (from over-fertilization) trending towards an anoxic ocean. And we're removing too much nitrogen from the atmosphere, driving too many species to extinction. If we do not mend our ways, the “most probable result will be a rather sudden decline in both population and industrial capacity.”
Observed: “The debasement of the reserve currency of the world is not healthy for global economic balance.” But it sure is one way to finance US debts.
Timing: Researchers have shown that mother's milk contains different components at different times of the day. They recommen that expressed breast milk be fed to the baby at the same time of day the milk was expressed. I suppose a time-date stamp on a grocery receipt wouldn't be the same.
Down In The Valley: The EPA has suspended action on 79 applications to tear the tops off mountains and dump them on the little people in the valleys because of the enormous environmental damage it causes.
Premature Burial? For a supposedly broke bunch of new-born savers, the US consumer's personal consumption relative to personal income has reached new record highs. If the recovery is an illusion, an about-face should show up soon.
Porn O'Graphs: Participants, partly participating.
Phoenix: Could the health care circus anger enough of the population to cause a significant political realignment leading to a 3 or 4 four party system, with the the Progressives splitting off from the cowardly Democrats, and the rational Republicans divorcing the Others? Nah, make too much sense, be too much fun.
Porn O'Graph: The expanding leisure class.