From Zero Hedge:

Zero Hedge recently highlighted the ever increasing Federal outlays on unemployment insurance, leading to questions on whether the true unemployment rate, as indicated by actual cash outlays, may be materially higher than indicated in increasingly dubious governmental reports.

One proposed alternative has been that the Federal government is directly subsidizing standalone states' depleted unemployment insurance trust funds.

Using data provided by ProPublica we have been able to confirm that indeed standalone states are for the most part now bankrupt and have...

Read full article... 

More Cruxallaneous:

Your money market fund is not safe

Unemployment chart you must see to believe

Ron Paul gives the REAL State of the Union address