The Financial Crisis and Unemployment: Is Help on the Way?

As the Dow wiggles ever downward, unemployment in the United States is headed toward 7% or 8%. In Michigan it's already 9%. We look at the prospects for Washington to bail out another industry and for another stimulus package to get the economy moving. Also, Republican Senator Ted Sevens has been convicted of seven felonies. Will that hurt or help his chances for re-election in Alaska?

Banner image of entrance to the Daimler Chrysler Toledo North Assemby Plant: Chrysler LLC announced that it will eliminate around 800 employees at its Toledo Jeep Assembly complex, at which the Jeep Liberty and Dodge Nitro are made. Photo: J.D. Pooley/Getty Images