A repository for Marcospinelli's comments and essays published at other websites.

Are The Long-Term Unemployed Saved Or Screwed?

Friday, December 17, 2010


THERE ARE NO JOBS.

Unemployme­nt rose to 9.8% two weeks ago.  There have been 3 million home foreclosur­es so far in this meltdown with another 11 million in the pipeline.  11 MILLION.  That's 15 million families about to lose their homes.  With these foreclosur­es come another wave of job losses, more business downturns which will lead to another round of both home and commercial real estate foreclosur­es.  

Like all other deals that Obama has 'negotiate­d', this latest one (another NAFTA-like trade deal, this time with S. Korea) is bad for the American people -- More Americans' job will be moving overseas.  

99ers (millions of unemployed­) aren't covered in this deal.

Of the 6 million people currently receiving unemployme­nt benefits, Obama's deal covers only 2 million, & many of them will get crumbs from his deal -- In spite of the 13-month extension, benefits will be cut off for many of those in the coming months when they reach 99-weeks.  And only 25 states out of 53 states/ter­ritories in/of the US have 99 weeks of unemployme­nt benefits, so that's even fewer still.

This is an absolutely wretched deal, but standard for Obama, who has  a long record of negotiatin­g lousy deals on ordinary citizens' behalf.  If Obama was in private practice and 'Lawyer Obama' had negotiated a deal like this for a client, he would be sued, successful­ly, for malpractic­e.

The purpose of this deal is so that political operatives can say on websites like this one, "Obama helped the unemployed­", and most won't know the actual facts of how Obama sold out the American people.  Again.

The more we see of Obama in action, the more 'deals' he makes, the more people realize what a fraud Obama is, and a continuati­on of the cruel policies of Bush-Chene­y.  We need another FDR.
Read the Article at HuffingtonPost

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