You may not see them out at lunch, in your office, or while you rush to work in the morning. They are the New Unemployed, the long-term jobless, whose numbers have reached historic levels during the Great Recession. They didn’t buy and sell derivative contracts on Wall Street; they didn’t securitize bad mortgages; they didn’t make rotten decisions to over-extend their financial firms. No, they just had the misfortune of living at the wrong time, in the midst of an epic crash. And now they’re being told that their jobs are permanently gone.
Long-Term Jobless: The Forgotten Men and Women of America |
| By: David Dayen Thursday May 13, 2010 7:59 am |
Rep. Betty Sutton Drills Transocean CEO on Coerced Rig Worker Statements |
| By: emptywheel Thursday May 13, 2010 7:06 am |
As you may have read, Transocean (the company that owns the Deepwater Horizon rig) made everyone rescued from the rig sign statements laying out whether they were involved in the incident, and whether they had gotten hurt.
FDL Video: Pipes Gushing Oil at Site of Deepwater Horizon Disaster |
| By: Michael Whitney Thursday May 13, 2010 6:07 am |
FDL produced this video mashup of the two known clips of underwater footage of the remnants of the Deepwater Horizon gushing millions of gallons of oil into the Gulf of Mexico. Our video combines today’s video release of the largest leak still releasing oil with footage from last week’s successful capping of another leaking pipe. There is still a third point, not shown, leaking oil.
Morning Swim: May 13th, 2010 |
| By: twolf1 Thursday May 13, 2010 5:00 am |
A brief look at what’s happening in the news on the morning of May 13th, 2010.
The banality of weasels |
| By: Attaturk Thursday May 13, 2010 1:30 am |
BP unleashes its latest cunning plan.
Late Late Night FDL: Albatross |
| By: Eureka Springs Wednesday May 12, 2010 10:00 pm |
Featuring new videos from Besnard Lakes and Caesar’s Rebuilders.
Late Night: Florida is NUTS! Bestiality IN, Fake Testicles OUT! |
| By: Lisa Derrick Wednesday May 12, 2010 8:15 pm |
Gosh Florida just keeps getting zanier. Sure, along with being God’s Waiting Room, a theme-park megalopolis and the world headquarters of a goofy space alien religion…
Rupert and Me: I Question the NewsCorp |
| By: spocko Wednesday May 12, 2010 7:20 pm |
Last week I called up Rupert Murdoch and, in front of the entire industry analyst community and the media, I asked him how long he was going to subsidize the money-losing Glenn Beck show.
He said that Fox wasn’t subsidizing him. Beck has lost a minimum of 81 advertisers. All he has now are a few random ads, house ads and gold ads.
Race baiting and suggestions of killing political leaders might be popular on the right, but it doesn’t have to be profitable.
Obama Notifies Congress He Is Extending Iraq War… By After Hours Memo |
| By: emptywheel Wednesday May 12, 2010 6:22 pm |
That Iraq withdrawal we elected in 2008?
Not gonna happen.
Whistleblower: BP Falsified Tests on Its Blowout Preventers |
| By: Seymour Friendly Wednesday May 12, 2010 5:45 pm |
It now appears likely that BP was deliberately cheating on blowout preventer testing.


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