Wake-up Call

Resist the Corporate State

National Day of Action on Unemployment Insurance, February 10th

with 2 comments

More than 8 million jobs have been lost in the US since 2007.

(Updated below)

From the Democratic Congressional Campaign Committee:

In her big speech at the right-wing “tea party convention,” Palin had the gall to blame President Obama and Democrats in Congress for the mess that her party created in the first place. Well, here are the facts:

from BanksterUSA:

This week will be a critical one for millions of Americans on Unemployment Insurance (UI). Although job loss is slowing, the economy is still not producing any new jobs and UI benefits will end for one million Americans on February 28th if Congress does not take immediate action. Four million more Americans will lose the benefits in the months that follow. The impact will be devastating on families and communities, as foreclosures driven by unemployment accelerate and as small businesses lose billions in revenue from paying customers. That’s because every $1 of unemployment insurance benefits that is spent results in $1.69 in economic stimulus in the community.

Wednesday, February 10th will be a National Day of Action to Save the UI program. Tell Congress to extend UI benefits until the end of 2010. You can sent a note to your member of Congress at BanksterUSA. Alternatively, if you click on this link for Jobs4AmericaNow and input your phone number, you will be called at that number and connected to one of your Senators. Thanks for lending a helping hand!

Update:    Reid leaves out unemployment insurance extension, but plans to deal with it separately. HuffPost’s Arthur Delaney notes downside of delay:“The Senate is taking a break next week, so that stuff will have to wait until the end of the month — the last moment before the previous extension runs out … So, even though it’s entirely likely that Congress will pass an extension before Feb. 28 … some people will nevertheless receive letters telling them they’re not eligible for the next ‘tier’ of benefits.”

Remember: It took 42 presidents and 224 years to run up a trillion dollars in debt held by foreign interests.   It took only 5 years of the Bush administration to DOUBLE IT.
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2 Responses

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  1. In addition to extending unemployment benefits, how about doing something to actually do something the capitalist Masters Of The Universe seem to be unable if not unwilling to do: Create Jobs.

    At the very least, Congress should retroactively repeal the tax on unemployment benefits. I’m slightly peeved, to put it mildly, knowing that my unemployment benefits are being taxed so that Obama and the Democrats can prop up the not just the banks, but the very same banksters who wrecked the economy for their own benefit.

    drewfromct

    February 10, 2010 at 3:38 am

  2. My email group has been discussing this Roosevelt speech. Well worth a read!

    Oct. 31, 1936, Campaign Speech by F D Roosevelt: “I welcome their hatred”
    Stills w/AUDIO:

    # # # # #
    TEXT OF ABRIDGED CLIP:

    “For twelve years our Nation was afflicted with hear-nothing, see-nothing, do-nothing Government. The Nation looked to that Government but that Government looked away. [. . .] And, my friends, powerful influences strive today to restore that kind of government with its doctrine that that Government is best which is most indifferent to mankind.

    [. . .]

    We had to struggle with the old enemies of peace—business and financial monopoly, speculation, reckless banking, class antagonism, sectionalism, war profiteering.

    They had begun to consider the Government of the United States as a mere appendage to their own affairs. And, we know now that Government by organized money is just as dangerous as Government by organized mob.

    Never before in all our history have these forces been so united against one candidate as they stand today. They are unanimous in their hate for me—and I welcome their hatred……”

    laudyms

    February 10, 2010 at 8:49 am


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