Gizmodo's Jason Chen is in the clear now that the San Mateo County District Attorney's office has decided not to file charges against him for buying a stolen iPhone4 last year (good summary of earlier events here).

Brian Hogan and Sage Wallower, who allegedly found the phone and sold it to Gizmodo, will be charged with misappropriation of lost property and possession of stolen property.

Some practical lessons here:

1. If you find something that is not yours, give it back.
2. If you find something you know is not yours and you sell it, you are a criminal.

[ Photo of FDR Memorial in Washington, DC by Kate Ure, creative commons license. ]

"Don't fill potholes. That won't fix the economy. Instead, we should be investing in the entrepreneurs who will create jobs -- if fewer -- and wealth -- greater, thanks to platforms and efficiencies. Invest in education of our youth and our unemployed. Invest in efficiency -- energy efficiency, for example."

---- Consistently captivating curmudgeon Jeff Jarvis's judgment on jobs.


By Jason Calacanis

Depending on whose numbers you believe, we are at around 9% unemployment (11.8% here in California). If you include the underemployed folks and the folks who have simply given up, it’s 50% more (around 15%) I understand.

Let’s say, for simplicity, the number of folks unemployed or underemployed in America is 20M.