Republicans Get Their Wish As Unemployment Runs Out For Thousands

Jobs, News

Republicans Get Their Wish As Unemployment Runs Out For Thousands

No Comments 05 April 2010

Nearly 400,000 jobless Americans are going to see their long-term unemployment benefits cut off after Congress failed to pass a short-term extension before taking a two-week break.

Members of the House already had voted to extend jobless benefits and went home for the spring break. Everyone knew those benefits would be running out Monday should the Senate fail to act.

On the Senate’s last day in session, Iowa Democrat Tom Harkin pleaded with his Republican colleagues on the Senate floor: “Let’s have a little heart. Let’s have a little compassion. Let’s have a little understanding of what these people are going through every day in their lives, the stress that they have. Let’s do the right thing, and extend the unemployment benefits for one month.”

Oklahoma Republican Tom Coburn objected. He said he was all for extending unemployment benefits as long as they were paid for, which they were not in the measure the House passed.

Democrats agree with Republicans that deficit spending poses a huge problem. But they argue that all three times unemployment benefits have been extended in the past two years, it’s been considered emergency spending and not subject to budget rules requiring that funds be found to pay for it.

Michigan Democrat Debbie Stabenow complained of being lectured to about fiscal responsibility; after all, she said, the last time the budget was balanced and the treasury built up a big surplus was under President Clinton.

“Under President Bush, under the Republican Congress, that went away pretty fast,” Stabenow said. “By not paying for tax cuts for the wealthiest Americans, somehow, that was OK.”

In fact, none of the Bush tax cuts were paid for, and all of them expire at the end of this year.

Continue reading this article, including listening to the audio version of this report, over at NPR.

Updated: Say Hello to the Obama Administration's New Regulations on Mountain Top Removal Sites

Economy, Environment, Feature, Government/Politics, Jobs, News

Updated: Say Hello to the Obama Administration's New Regulations on Mountain Top Removal Sites

No Comments 02 April 2010

Courtesy The Guardian (UK):

The Obama administration effectively called time today on one of the most destructive industries in America, proposing new environmental guidelines for mountaintop mining removal.

The move was seen as a bold action from the White House, which has in the past disappointed environmental organisations for failing to move more aggressively on pollution and climate change.

But in a conference call with journalists, just an hour after the administration for the first time finalised regulations setting limits on greenhouse gas emissions from cars, officials spelled out guidelines that they acknowledged would make it virtually impossible for mining companies in Appalachia to carry on with business as usual.

-Source.

Related Article, courtesy NYTimes

If Your Unemployment Is About To Run Out, Thank The Republicans

Jobs

If Your Unemployment Is About To Run Out, Thank The Republicans

No Comments 26 March 2010

With 14.9 million Americans out of work, Congress adjourned for a two-week break without extending jobless programs that are due to expire in coming days.

Republican Senator Tom Coburn blocked the Senate from voting to extend the program on the grounds its $9.2 billion cost should not add to the deficit. Democrats say it qualifies as emergency spending and thus does not need to be offset with tax increases or spending cuts elsewhere.

Congress is scheduled to return on April 12, a week after benefits will start to expire for those who have been out of work the longest.

Healthcare subsidies for the unemployed and a federal flood-insurance program also would be disrupted. Doctors who treat patients under the Medicare health-insurance program would see their pay slashed.

Continue reading the rest of this article over at Reuters.

Buggy Whip Power V The Future.

Economy, Feature, Government/Politics, Green Jobs Conference, News, Odds and Ends, Technology, The Stimulus

Buggy Whip Power V The Future.

No Comments 08 March 2010

Courtesy Scientific American:

Not many years ago, there wasn’t enoughwind power coming from the Great Plains to worry about. Now there is, and lots of people are worrying.

A group of mostly East Coast utility companies calling itself the Coalition for Fair Transmission Policy fears that the prime conditions in the Great Plains will make the region’s wind power too cheap for its members to compete with, unless developers there are made to pay the costs of moving wind power eastward.

Influential natural gas producers and generators in Texas are worried. They are demanding that the state’s wind developers share the costs of backup natural gas generators that must pick up the slack when the wind doesn’t blow. The gas industry, threatened by state policies that promote wind power, is asking regulators to impose penalties on wind generators that can’t deliver scheduled energy when the wind dies down.

And last week, four senators representing New York, Ohio, Montana and Pennsylvania proposed to deny federal clean energy grants to wind developers that buy blades, turbines and other components from abroad.

“It is a no-brainer that stimulus funds should only go to projects that create jobs in the United States rather than overseas,” Sen. Charles Schumer (D-N.Y.) said, pointing at a proposed Texas wind farm whose backers include a Chinese power company.

Some renewable policy advocates say the problem has less to do with China and more with on-and-off-again federal energy policies, and arguments over how to pay for the vast expansion of transmission lines needed to maximize wind power delivery. Instead of looking at foreign rivals, members of Congress should start with a look in the mirror, says this side in the debate.

-Source.

See Related Article.

Corporate Water Grabs coming to US Cities near you.

American Society, Economy, Environment, Feature, Government/Politics, News, State and Local

Corporate Water Grabs coming to US Cities near you.

No Comments 30 January 2010

Courtesy Alternet:

Corporate interests having are eyeing our water. From wastewater to drinking water, big business is looking to cash in on public water systems and they’ve got a new tactic: They’re using desperate economic times to convince city officials that they should place a corporation between families and their ability to eat, drink, and clean.

Take Akron, Ohio, for example. In September 2008 I wrote an article for Alternet about a ballot measure in Akron where voters were asked whether to lease the city’s wastewater system to a corporation in return for an immediate, one-time payment. The plan was roundly defeated. But more importantly, as the article suggested, the lease signaled a new direction for water privatization in the U.S. This involved a collaboration between water companies and Wall Street to snatch up control of water infrastructure for the better part of a century.

Since that vote, similar lease plans have been floated in Milwaukee and Chicago, presenting a dangerous possibility: In the near future, a major U.S. city could sign over unprecedented control of its water system to a corporation for a generation or longer. The silver lining in this narrative is that the same communities being targeted by water corporations for these deals are now charting out new ways to ensure their water remains in public hands. And for the moment, advocates of public control are winning.

The Lease Model of Water Privatization

-Source.

Oregon voters pass tax increasing measures by big margin

American Society, Economy, Government/Politics, News, State and Local

Oregon voters pass tax increasing measures by big margin

No Comments 27 January 2010

By Harry Esteve, The Oregonian

January 26, 2010, 10:17PM

Oregon voters bucked decades of anti-tax and anti-Salem sentiment Tuesday, raising taxes on corporations and the wealthy to prevent further erosion of public schools and other state services.

The tax measures passed easily, with late returns showing a 54 percent to 46 percent ratio. Measure 66 raises taxes on households with taxable income above $250,000, and Measure 67 sets higher minimum taxes on corporations and increases the tax rate on upper-level profits.

The results triggered waves of relief from educators and legislative leaders, who were facing an estimated $727 million shortfall in the current two-year budget if the measures failed. Source Article

It appears that since we can’t count on the Federal Arm of the government to take care of our money issues perhaps the States themselves should do so. Oregon is the first. Any other takers?

~Susan~

US to lift 21-year ban on haggis

Economy, Health, News, Odds and Ends

US to lift 21-year ban on haggis

No Comments 25 January 2010

Burns’ night boost for famous Scottish dish that fell victim to BSE fears

Severin Carrell, Scotland correspondent

guardian.co.uk, Sunday 24 January 2010 18.23 GMT

Smuggled and bootlegged, it has been the cause of transatlantic tensions for more than two decades. But after 21 years in exile, the haggis is to be allowed back into the United States.

The “great chieftan o’ the puddin-race” was one of earliest casualties of the BSE crisis of the 1980s-90s, banned on health grounds by the US authorities in 1989 because they feared its main ingredient ‑ minced sheep offal ‑ could prove lethal.  Source Article

The Vultures Gather…

American Society, Economy, Feature, News, The Banks

The Vultures Gather…

No Comments 14 January 2010

As Wallets Open For Haiti, Credit Card Companies Take A Big Cut

First Posted: 01-14-10 12:34 PM   |   Updated: 01-14-10 03:23 PM

AMEX-BLACK-CARD-largeUpdate at 3:13 PM: American Express announced today that processing fees for any donations made to the 65 charities listed on this website between January 12 and the end of February will be rebated back to those charities.

As a massive human tragedy unfolds in Haiti, relief organizations are soliciting credit-card donations through their hotlines and websites. About 97 percent of these donations will actually make it to the designated organizations — but the other 3 percent will be skimmed off by banks and credit card companies to cover their “transaction costs.”

Thanks to this hidden fee, American banks and credit card companies are making huge profits — somewhere in the neighborhood of $250 million a year — off of people’s charitable donations, according to a Huffington Post analysis.

Those profits rise sharply after major disasters, when humanitarian relief organizations such as Oxfam and Operation USA take in more than 85 percent of their donations via credit card — and the credit card providers, with only a few exceptions, refuse to waive their fees.

Credit card companies have only been willing to waive their processing fee for charity once, Richard Walden, the CEO of Operation USA, tells the Huffington Post, and that was for the tsunami disaster of 2004. Source Article

American Society, Government/Politics, Opinion, The Banks, Video

JP Morgan, Food Stamp Admin.

No Comments 11 January 2010

Yeah Bob covered this already I think, but JP Morgan administering food stamps just sounds sleezy. -Shinai.

[youtube Gl6sPabt9Fw]

Senator Chris Dodd (D CT.) to step aside

Congress, Feature, Government/Politics, News, The Banks

Senator Chris Dodd (D CT.) to step aside

No Comments 06 January 2010

Courtesy Washington Post:

Embattled Connecticut Sen. Chris Dodd (D) has scheduled a press conference at his home in Connecticut Wednesday at which he is expected to announce he will not seek re-election, according to sources familiar with his plans.

Dodd’s retirement comes after months of speculation about his political future, and amid faltering polling numbers and a growing sense among the Democratic establishment that he could not win a sixth term. It also comes less than 24 hours after Sen. Byron Dorgan (D-N.D.) announced he would not seek re-election.

State Attorney General Richard Blumenthal is widely expected to step into the void filled by Dodd and, at least at first blush, should drastically increase Democrats’ chances of holding the seat.

-Article continues @ Source.

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