Hear: Starting To Blame

Rent-to-own in Ireland. gr8angel8/Planet Money Flickr group hide caption

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On today's Planet Money:

— Nationalizing banks wouldn't cripple the economy, says Raghuram Rajan, former IMF chief economist and current University of Chicago professor, but it would be a step too far.

— This week, Adam Davidson asked for your input on where to place blame for the economic crisis. Martin Wolf of the Financial Times reveals his answer.

— When store owners run into trouble, they sometimes ask for a break on rent. Oklahoma City real estate guy Jim Parrack of Price Edwards and Co. tells us the trick to fielding requests.

Bonus: Unemployment by state, after the jump.

Download the podcast; or subscribe. Intro music: Ladyhawk's "I Don't Always Know What You're Saying." Find us: Twitter/ Facebook/ Flickr

Jobless In January

Four states -- California, South Carolina, Michigan and Rhode Island -- registered unemployment rates above 10 percent in January 2009. The national rate, which rose to 8.1 percent in February, is expected to hit double digits by year end.

Source: Bureau of Labor Statistics



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