||Almost 7 million jobless Americans have already exhausted all their unemployment benefits and now have no income at all. Many are known as "99ers" - - - those who've been out of work for 2 years or longer.|
There are over 3 million more Americans who are currently receiving federal extended jobless benefits. Last December the congressional Republicans had voted to approve the funding for them for one more year, but only in exchange for 2 more years of tax cuts for the rich.
Now Republican governors and state legislators all across the country are reducing or eliminating those benefits in exchange for more
tax breaks for corporations. By the end of 2011 we will have close to 10 million jobless Americans with no income at all, thanks to the
Republicans for the deregulation of the banks (Gramm-Leach-Bliley Act), allowing for the outsourcing of jobs (free trade agreements),
and for the Bush tax cuts for the last 10 years (inheritance taxes, capital gains taxes, and corporate
Just recently the Republicans voted along party lines to continue oil subsidies for oil companies but at the same time also complained about the debt. The Republicans will end food stamps for the poor and cut off Social Security and Medicare for the elderly; yet they will be generous with corporate welfare. They don't legislate for THE PEOPLE and small businesses, they represent the rich and large corporations.
The Republicans have been refusing to nominate Elizabeth Warren of the Consumer Financial Protection Bureau, to reign in the very banks that have caused this country so much harm. It was the banking industry that gave so much money to the Republicans in lobbying for the Gramm-Leach-Bliley Act. (Also, see my post on the Inside Job).
Bill Maher asks, "30% of this country will always vote Republican...I'm just asking...why?" (Especially if you earned less than $250,000 a year.)