Why the economy still stinks

Despite proclamations of green shoots, a pending recovery (and a surging stock market), I am skeptical of any economic recovery. Here are a couple articles on two common themes: bank insolvency and lack of transparency of toxic assets, and under-reporting of unemployment:

http://www.bloomberg.com/apps/news?pid=20601039&sid=a5BsXz90CMso

http://money.cnn.com/2009/07/17/news/economy/unemployment_benefits/index.htm