You may have seen the story earlier this week in The New York Post about Bloomberg, LP cutting people in it's radio and television division. Indeed, it is true, and I am one of those who got axed, as the show I have produced for Bloomberg Radio for the last two years was cancelled. So, I now join the ranks of the unemployed, which a report out today indicates has risen to a level of 7.6%, with 598,000 jobs cut in January alone, the largest number of job cuts in a one month period since 1974. The 7.6% rate is the highest since September of 1992.

Economic historian Niall Ferguson, author of The Ascent of Money, says Keynes can't help us now.

Economist Paul Krugman disagrees, as he believes it is the discredited Republican philosophy of tax cuts that is getting in the way of a proper stimulus.

Dick Morris and Eileen McGann have yet another take, this time on the political angle, as they believe President Obama would be making a mistake to follow the advice of people like Krugman. Rather, they believe he should govern as a centrist, reaching out to the GOP.

Ralph Peters believes Vladimir Putin has found a new way to govern as a totalitarian.

Bill Kristol believes Joe Biden was right.

Could the economic crisis lead to war in Asia?