Google+ Badge

Saturday, February 08, 2014

U.S. Senate Fails To Pass Bill To Extend Unemployment Benefits

Congress criminals continue to delude themselves that they will somehow survive the upcoming election bloodbath

WORLD SOCIALIST WEBSITE
By Joseph Kishore
02/07/2014

The US Senate failed to move forward with a three-month extension of federal unemployment benefits yesterday, leaving 1.7 million long-term unemployed workers without any cash assistance.
 
 
Boner, Congress criminals won't be collecting unemployment
The vote on Thursday fell one short of the 60-vote supermajority required to end debate, with a handful of Republicans joining Democrats in supporting the measure. 
 
Even if the bill were to pass the Senate, it would still have to clear the Republican-controlled House of Representatives. Including family members, some 5 million people have been affected already by the December 28 expiration of extended benefits, a number that is growing by close to 1 million every month.


The Democratic Party and the Obama administration are engaged in a cynical charade over the benefits. The crisis facing the long-term jobless is seen as an opportunity to posture as opponents of inequality in the run-up to the 2014 mid-term elections. 
 
 
Even as the White House issued a statement criticizing Republicans for blocking the bill, the administration prepared to sign a bill that will cut food assistance by $8.7 billion over the next decade.

The cut-off of extended unemployment benefits at the end of last year was the result of a decision by the Democrats not to include an extension of the program in a budget deal worked out with the Republicans. “We know it’s a political game,” said Republican Senator Orrin Hatch, commenting on the Democratic maneuvers.
 
 
Congress traitor Harry Reid
The two parties are engaged in behind-the-scenes negotiations over the jobless benefits, including discussions over other social cuts to pay for them and the introduction of changes that will further restrict access. Both parties are carrying out a strategy to use the unemployment crisis to blackmail workers into accepting poverty-level wages.

The proposal that failed in the Senate Thursday would have paid for the estimated $6 billion cost by reducing the amount of money corporations are required to pay into pension plans. 
 
 
This would have the effect of boosting corporate profits and increasing taxable income. The end result would be to short-change corporate pension funds, which would be used to justify pension benefit cuts in future years. This procedure is euphemistically called “pension smoothing.”
 
 
Unemployed will exercise "Congress smoothing" this time around
After initially putting on a show of opposing the Republican demand that any extension of jobless benefits be paid for elsewhere. 
 
The Democrats are now fully committed to balancing an increase in social spending with equal cuts targeting the working class elsewhere. 
 
 
 
 
“We have done virtually everything the Republicans asked,” Senate Majority Leader Harry Reid commented on Thursday.

Any extension will likely include further restrictions in eligibility and a reduction in the duration of benefits for those who qualify.

Also being discussed behind the scenes are proposals to “reform” the unemployment benefit system. In his State of the Union address last month, President Obama referred in passing to the need for “reforming unemployment insurance so that it’s more effective in today’s economy,” without indicating what reforms he was talking about. Various measures are being discussed, including stricter rules to force workers to accept low-paying jobs.
 
 
 

The failure to extend unemployment benefits comes amidst a continued jobs crisis. The supposed economic recovery touted by the Obama administration is a fiction, with the decline in the official unemployment rate due largely to the departure of millions of people from the labor force.

The civilian labor force participation rate currently stands at 62.8 percent, the lowest level since 1978 and down 4.5 percentage points from its peak in 2001. The overall employment-to-population ratio, another measure of real unemployment, stands at 58.6, only slightly higher than its post-2008 low.





This news bureau contains copyrighted material the use of which has not always been specifically authorized by the copyright owner. We are making such material available in our efforts to advance understanding of environmental, political, human rights, economic, democracy, scientific, and social justice issues, etc.  We believe this constitutes a 'fair use' of any such copyrighted material as provided for in section 107 of the US Copyright Law. In accordance with Title 17 U.S.C. Section 107, the material on this site is distributed without profit to those who have expressed a prior interest in receiving the included information for research and educational purposes.


 

-------------------------------------------------------------------------------------------------------------------

ANDREW KREIG: EXPERTS REJECT FIRE AS CAUSE FOR 9/11 WTC COLLAPSES

The real truth on 9/11 slowly continues to bleed out

 photo
Technical experts are mounting major challenges to official U.S. government accounts of how three World Trade Center skyscrapers collapsed in near-freefall after the 9/11 attacks 15 years ago.

Many researchers are focusing especially on the little-known collapse of

READ MORE >>

-------------------------------------------------------------------------------------------------------------------

The Geopolitics Of The United States, Part 1: The Inevitable Empire

The Empire and the inevitable fall of the Obama criminal regime

 photo
STRATFOR Editor’s Note: This installment on the United States, presented in two parts, is the 16th in a series of STRATFOR monographs on the geopolitics of countries influential in world affairs.

Like nearly all of the peoples of North and South America, most Americans are not originally from the territory that became the United States.

READ MORE >>

-------------------------------------------------------------------------------------------------------------------

Geopolitics Of The United States Part 2: American Identity And The Threats of Tomorrow

A look back at 2011 predictions for the future in order to put events of today into perspective

 photo capitalism_zpsah78uy5p.jpg
We have already discussed in the first part of this analysis how the American geography dooms whoever controls the territory to being a global power, but there are a number of other outcomes that shape what that power will be like. The first and most critical is the impact of that geography on the American mindset.

READ MORE >>

-------------------------------------------------------------------------------------------------------------------


By Robert S. Finnegan

This e-mail outlines and confirms the acts of espionage against Indonesia and Indonesians by Akiko Makino and the others involved both in Kobe University and in AI Lab at University of Airlangga, Surabaya; Bahasa Indonesia original follows English translation...

READ MORE >>

-------------------------------------------------------------------------------------------------------------------

UPDATED 01/07/2015 : New Analysis Challenges Tamiflu Efficacy; Hong Kong Corona Virus Outbreak

UPDATED 01/07/2015 : FOX NEWS CORPORATE PHARMA SHILL MEGAN KELLY AND FOX NEWS QUACK DOCTOR NOW PUSHING TAMIFLU FOR PREGNANT WOMEN AND CHILDREN;

 photo TAMIFLU_small_zpssojx6okt.jpg
THE 5TH ESTATE UNEQUIVOCALLY WARNS THE PUBLIC NOT TO TAKE OR GIVE THIS PROVEN DANGEROUS, INEFFECTIVE DRUG TO ANYONE

Obama criminals now resulting to biowarfare in quest to destroy Chinese and ASEAN economy; "novel virus substrain" points directly to a Kawaoka / Fouchier / Ernala-Ginting Kobe lab virus weaponized and genetically altered to specifically target and infect the Asian population: Ribavirin...

READ MORE >>

-------------------------------------------------------------------------------------------------------------------


 photo WHO02_zpsplmhtlpr.jpg
The 5th Estate has just purchased a library on H5N1 "Novel" virus pandemics, there are dozens of PDF and Exel documents we feel will assist you in saving lives following intentional releases of the H5N1 and now MERS viruses; we will begin by printing those that appear to be extremely relevant here: H5N1 Kobe-Kawaoka-Ernala series continues soon with more "Smoking Gun" e-mails from Teridah Ernala to The 5th Estate . . .

READ MORE >>

-------------------------------------------------------------------------------------------------------------------


By Robert S. Finnegan

On October 12, 2002 the Indonesian island of Bali experienced a terrorist attack that rocked the world. It was unquestionably well-coordinated and executed, the largest in the country's history.

READ MORE >>