When are people going to stop putting up with the Pork attached to every bill that goes to Congress?
The Democratic Party wants to extend unemployment once again. Okay. The way things are going those out of Work are the new Welfare class and will probably be out of work for years. So the Democrats say they want to help. Fine.
Now enter this provision as their genius way to pay for it.
"The bill would be paid for, in part, by tax increases on investment managers and some U.S.-based multinational companies."
The Democrats are playing the Anti-Wall Street Sentiment. Who knows who the "U.S. based multinational companies" are? Sounds like a recipe for them to keep their jobs offshore.
NOW HERE IS THE REAL KICKER:
"In response to the BP oil spill in the Gulf of Mexico, the bill would increase taxes on oil companies by $10.9 billion over the next decade to finance the Oil Spill Liability Trust Fund."
Who buys oil? You do! And what do oil companies do when taxes go up? They pass the cost on to you.
This is pure BS. Hold BP accountable. These "Trust Funds" are just "Slush Funds" and remove accountability from Corporate Criminals.
This is just another tax on the average consumer.
More bundled Pork:
"$4.6 billion to settle long-running class action lawsuits brought by black farmers and American Indians. One lawsuit concerned the government's management and accounting of more than 300,000 trust accounts of American Indians. The other is a discrimination lawsuit brought by black farmers against the Agriculture Department."
What does this have to do with an unemployment bill? Shouldn't this be a bill on it's own?
This is just more taxes on the people disguised as help for the people.
The Federal Government is destroying the country with Pork Filled Mega bills. And both parties are supporting these megabills as long as they include pork for their home states.
Gas is already $3 a gallon. And when it hits $4 a gallon watch out! Americans rely on truckers to transport nearly everything they consume. You can expect the cost of everything to go up, way up!
How do you suggest the cleanup be paid for?
MikeNV is a libertarian. The free-market tooth fairy waves her wand.
I don't think I've ever seen Mike return to one of his own threads and answer a question, although I could've missed it. Mike, will you do it this time?
IT'S ALL A HOLLYWOOD PRODUCTION.
Shutting down drilling in the gulf will cost 45,000 jobs and a loss of $$$$$$ the government gets for the oil production.
Smoke and mirrors again,Obama can't be that dumb.My son works for the government,he says that they ( government workers) are dumb and stupid.
** Excerpts from an article by Christopher S. Rugaher of Associated Press titled Jobless Claims Fall in Sluggish Recovery dated 6/11/10
'' first-time jobless claims hovered near 450,000 since the beginning of the year.
claims peaked at 651,000 in march 2009
the downward trend in layoffs, which began in the spring of last year, is clearly over FOR NOW
last week, the labor department said the economy generated ONLY 41,000 PRIVATE-SECTOR jobs in may..... temporary census hiring added another 410,0000 jobs (government )
UNEMPLOYMENT BENEFITS 26 weeks state
extended federal benefits up to 73 weeks
nearly 5.4 million Americans are receiving extended benefits
all told, about 9.8 million people drew unemployment in the week ending may 22th ''
President Barak Obama and the Democrat controlled Congress idea of ''jobs '' is providing billions of borrowed money to support people who want jobs first. NOTE, The minority republicans complain that they have been locked out of all negotiations on new legislation. OBAMA'S and the Dems open, TRANSPARENT and bipartisan government.
The President's idea of producing JOBS was to shut down oil drilling in the gulf, which will put 45,000 more workers out of work. Is this the leadership that the nation needs in
these troubled times?￼
OK its okay to bail out big business, Banks, GM & the rest but when it comes to helping battling indivduals who have been retrenched stuff them right ?
"Shutting down drilling in the gulf will cost 45,000 jobs and a loss of $$$$$$ the government gets for the oil production."
Jon - False . THe shutdown affects new non-producing exploratory wells, so there is no lost gov't reenue. If you know why the device known as a blowout preventer did not prevent a blowout this time, do let us in. BP hasn't explained why this 'fail safe' device failed utterly. And this same gizmo is what we're counting on on the hundreds and hundreds of wells in the Gulf.
Oil Production in the gulf has NOT been shut down beyond 33 deepwater wells in the process of being drilled. That's 33 wells any one of which COULD duplicate the disaster if completed. That's 33 wells which may incorporate the same 'fail-safe' technology that failed so badly. It's my understanding that Obama ordered that the employees affected by the ban on new drilling operations be compensated by BP. So you are obviously arguing for the oil companies not the employees.
I am for safe and sand domestic oil production. The current situation proves that the current formula is neither safe nor sane. Obama has not gone far enough with the ban, but at least he's going the right direction.
"So you are obviously arguing for the oil companies not the employees."
Wow...big surprise. snark.
by MikeNV 8 years ago
"The unemployment rate rose from 9.7 percent in March to 9.9 percent in April, mainly because 805,000 jobseekers — perhaps feeling better about their prospects — resumed their searches for work." - API read this... and it just points out how ridiculous unemployment numbers are as...
by Jane Stevens 8 years ago
The federal government doesn't create local jobs. It's up to local business leadership. The government CAN however help by providing special loan programs. It is a waste of time to look at the Federal government for new jobs creation, because it is a local issue in each individual State, and this...
by Peeples 5 years ago
What are the negatives of shutting down the federal government?What negatives are there if the states run themselves?
by Don W 8 years ago
Would a free market have prevented this from happening?I'm guessing the libertarian argument would be that the failings of state regulation was a contributing factor. Those failings stemming from the fact that the regulators were in bed (figuratively and literally) with those regulated. Whereas...
by Stump Parrish 7 years ago
How do we make sure this doesn't happen again you ask? Deregulate further and open more of the gulf to drilling. That could only makes sense to those in the oil companies back pockets.
by uncorrectedvision 7 years ago
If not the most often touted, misunderstood piece of government disinformation is the unemployment rate. It does not represent those who are not employed or those who would rather be employed than unemployed. It barely and inaccurately represents the figure of jobs created in a...
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