The Breakdown

Explaining Southern California's economy

Reportings: Steve Jobs' turtleneck; banks attacked; no jobs for grads

Steve Jobs and his signature turtleneck. You can't get one. Not in black, anyway.
Steve Jobs and his signature turtleneck. You can't get one. Not in black, anyway. Justin Sullivan/Getty Images

Everybody wants a Steve Jobs turtleneck! Right now, you can get it in any color as long as it ISN'T black. (Business Insider)

 

Occupy Wall Street is taking action! If you're angry about debit-card fees, take your money out of the big banks: "Together we can ensure that these banking institutions will ALWAYS remember the 5th of November!! If the 99% removes our funds from the major banking institutions on or by this date, we will send a clear message and give the 1% a taste of the fear that we experience every day when we aren't able to pay for our rent, food, medication, utilities, student loans, etc." (CNBC) 

 

Megan McArdle on the chilling threat of no job after college: "No matter how inflated your expectations may have been, it is no joke to have your confidence that you can support yourself ripped away, and replaced with the horrifying realization that you don't really understand what the rules are." (The Atlantic)

 

September jobs numbers looked better, but that's missing the point: "…stepping back, it looks to have been a lost year since last September. In general, we are below the number of jobs our economy can produce, leaving millions unemployed and unproductive. We are treading water with no hopes of serious moves in fiscal, monetary, and housing policies that could kick the economy and get it moving again." (Rortybomb)

 

Follow Matthew DeBord and the DeBord Report on Twitter.

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