Stimulus spending and lost hope
OPS_admin | Dec 10, 2009 | Comments 0
American workers face a jobless recovery and more stimulus spending won’t fix what’s broke.
Unemployment fell to 10 percent in November, but progress was achieved only because 291,000 more adults did not look for work and were not counted in the monthly tally of jobless Americans.
Though job losses were trimmed, the footprint of the $789 billion dollar stimulus package was not to be found. Construction, despite an uptick in housing starts, shed 27,000 jobs, and governments added a paltry 7,000 new workers.
Only $100 billion of the stimulus was earmarked for infrastructure and the federal bureaucracy is slow about spending it. Much of the rest of the money went to tax cuts used to pay down credit card debt, payoffs for congressional constituents, like summer grants for professors, and to shore up state and local budgets, where officials shortened furloughs but did not add workers.
Full Story Stimulus spending and lost hope | statesmanjournal.com | Statesman Journal.
Filed Under: Economy - Labor
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The oligarchs openly talking about a coup d'état in America?
Multi-millionaire lobbyist Grover Norquist is calling for the impeachment of President Obama. In an interview with the right-wing National Journal - Norquist warned that if President Obama wins re-election and decides to let the Bush tax cuts for the top 2% expire at the end of the year - then Republicans will "have enough votes in the Senate in 2014 to impeach [him]."What does that mean? It means that the super rich in America - and their political operatives like Norquist in Washington, DC - have now compared a tiny tax increase on the wealthy to high crimes and treason - the only Constitutional basis Congress can use to impeach a President. It sounds like the oligarchs are now openly talking about a coup d'état in America.-Thom(Do you think will try it? Tell us here.) -
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" We the corporations" On January 21, 2010, with its ruling in Citizens United v. Federal Election Commission, the Supreme Court ruled that corporations are persons, entitled by the U.S. Constitution to buy elections and run our government. __________
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The modern conservative is engaged in one of man's oldest exercises in moral philosophy; that is, the search for a superior moral justification for selfishness. 
