Thrill-Ride Thursday – Jobs or Bust!
by phil - June 24th, 2010 8:02 am
What a friggin mess!
Should we worry about jobs, should we worry about Europe, should we worry about Isreal nuking Iran before Iran can nuke Israel, is there too much copper is there too little gold, is the entire Atlantic Ocean going to become uninhabitable? I can go on and on but I hear it will all be solved if we vote Republican in November so that seems like a no-brainer (and some people will get that and some people won't). Yes, that's right – Republicans are the answer! But why wait for the voters to decide when so many right-thinking (another one) Congresspeople are able to exorcise (not a typo) majority rule by filibustering a jobs bill – a move that will take 1.2M people off extended unemployment benefits on Friday?
"It looks like we're going to come up short," said a senior Democratic aide on Wednesday evening. "It looks like Republicans are prepared to kill aid to states, an extension of unemployment benefits, and ironically, the Republicans are prepared to kill efforts to close loopholes that allow companies to export jobs overseas." The legislation, known as the "tax extenders" bill, would have reauthorized extended unemployment benefits for people out of work for six months or longer, would have protected doctors from a 21 percent pay cut for seeing Medicare patients, and would have provided billions in aid to state Medicaid programs. Thanks to the wisdom of a minority of Congress, none of that will happen and the markets are crashing, as well they should with 1% of our nation's struggling families losing the last shred of money they had coming in.
It's not just the 1.2M people that lose benefits on Friday though, it's the 250,000 additional people PER WEEK that will lose their benefits as well. As today's numbers are likely to show and as I ranted about yesterday – we are doing NOTHING to create new jobs while we funnel Trillions of dollars of Corporate Welfare (which is charged back to the taxpayers) to Banks, Insurance Companies, Auto Makers, Oil Companies and thousands of other companies who lobbied their pet Congresspeople to stop this bill from making it less profitable to ship their job openings overseas. Is the American voting public too stupid to live? Film at 11…
Fifty million Medicare claims from June are currently in process…