Jobless rate up

The real unemployment rate is 15.6%, yes I know the official gov rate is 8.5, but that does not include people that stop looking for work.

The good news is the DOW punch over 8000 today for the first time in two month, but this is a moon bounce, a sucker rally that will not last. Do you think the jobless joes will buy a lot? Or that workers on a reduced schedule will spend like they did in the good old days of 1999?

Folks, our situation is very grim, and we have to face facts; we produce nothing and consume a lot. China is tired of little green pieces of paper - game over!