Unemployment benefits are NOT being halted under this. MILLIONS will still recieve them, but for those who have been collecting them for over 52 weeks, time to take that job that may pay less than you made before or have less responsibility than you had before and may even be in a retail store or restaurant.
How would it violate the due process clause? Here's an idea, scarp the totally worthless HeadStart program with it's expensive employees and no measurable outcome and turn it into a simple daycare program which it really is and require anyone on welfare with children working less than 30 hours a week work one day in such a center that their kids attend else get docked a days worth of welfare each week.
There are 11 million unemployed and less than 4 million job openings. It's not a matter of taking a job that pays less. The jobs simply aren't there.
Again, they had the deficits down to a paltry $161B AND 52 months of full employment because they did the right things coming out of the 2001 recession. Unemployment was only generally extended twice and just for an additional 13 weeks. Amazing how people find jobs when the benefits are about to run out.
Squandering the golden opportunity of the surplus we had under Clinton and running up trillions more debt was "the right thing"? I wonder what the deficit would look like now if under Obama we had increased spending over the past four years in Bushian proportions. Bush Spending increase, 2001-2005: +32.7% Obama Spending increase, 2009-2013: -1.89%
financial industries, housing industries - Dodd/Frank, the CRA and Fannie & Freddie saw to that. [video=youtube;BC88oox9TBo]http://www.youtube.com/watch?v=BC88oox9TBo[/video] [video=youtube;IyqYY72PeRM]http://www.youtube.com/watch?v=IyqYY72PeRM[/video] insurance industries - Obama Care is destroying it and their jobs. manufacturing industries.................... ....... Obama's own Jobs Czar we doing the same thing from before Obama was even inaugurated.
Number of months the UR was higher under Bush than the level he inherited: 95. Number of months the UR was higher under Obama than the level he inherited: 37. I don't think Obama is going to catch up. - - - Updated - - - 1% apologists laughing on the way to their offshore accounts because the Tea Party Republicans have protected their low tax rates?
Mr. "Ownership Society"'s adminstration on Fannie and Freddie: March 31, 2003 WASHINGTON, D.C. Armando Falcon, Jr., Director of the Office of Federal Housing Enterprise Oversight (OFHEO), safety and soundness regulator for Fannie Mae and Freddie Mac (the Enterprises), has determined that the Enterprises were adequately capitalized under OFHEOs capital standards as of December 31, 2002. http://www.fhfa.gov/webfiles/805/cc33103.pdf March 31, 2004 WASHINGTON, D.C. Armando Falcon, Jr., Director of the Office of Federal Housing Enterprise Oversight (OFHEO), safety and soundness regulator for Fannie Mae and Freddie Mac (the Enterprises), has determined that the Enterprises were adequately capitalized under OFHEOs capital standards as of December 31, 2003. Although OFHEO imposed a capital surcharge for Freddie Mac in January 2004 due to increased operational risk, that surcharge does not impact past periods, including the fourth quarter 2003. http://www.fhfa.gov/webfiles/798/capclass33104.pdf March 31, 2005 WASHINGTON, D.C. Armando Falcon, Jr., Director of the Office of Federal Housing Enterprise Oversight (OFHEO), safety and soundness regulator for Fannie Mae and Freddie Mac (the Enterprises), has classified Freddie Mac as adequately capitalized as of December 31, 2004. http://www.fhfa.gov/webfiles/792/capclassfreddie33105.pdf March 31, 2006 WASHINGTON, D.C. Stephen Blumenthal, Acting Director of the Office of Federal Housing Enterprise Oversight (OFHEO), safety and soundness regulator for Fannie Mae and Freddie Mac (the Enterprises), classified Fannie Mae and Freddie Mac as adequately capitalized as of December 31, 2005. http://www.fhfa.gov/webfiles/787/capclass33106.pdf March 30, 2007 WASHINGTON, DC James B. Lockhart III, Director of the Office of Federal Housing Enterprise Oversight (OFHEO), the safety and soundness regulator for Fannie Mae and Freddie Mac, classified Fannie Mae and Freddie Mac as adequately capitalized as of December 31, 2006. Fannie Maes classification is based on estimated numbers submitted by Fannie Mae and not financial statements released to shareholders. Freddie Macs classification is based upon numbers consistent with the information statement and annual report it released on March 23, 2007. http://www.fhfa.gov/webfiles/2235/4Q06capclass.pdf Sept 27, 2007 WASHINGTON, DC . James B. Lockhart, Director of the Office of Federal Housing Enterprise Oversight (OFHEO), the safety and soundness regulator for Fannie Mae and Freddie Mac, classified Fannie Mae and Freddie Mac as adequately capitalized as of June 30, 2007. http://www.fhfa.gov/webfiles/780/OFHEO_mincap_2q07.PDF March 11, 2008 WASHINGTON, DC . James B. Lockhart, Director of the Office of Federal Housing Enterprise Oversight (OFHEO), the safety and soundness regulator for Fannie Mae and Freddie Mac, classified Fannie Mae and Freddie Mac as adequately capitalized as of December 31, 2007. Both Fannie Mae and Freddie Mac have publicly released financial results for year-end 2007 and OFHEO.s results are consistent with those publicly released data. http://www.fhfa.gov/webfiles/777/OFHEO_mincap_4q07.PDF June 9, 2008 WASHINGTON, DC . James B. Lockhart, Director of the Office of Federal Housing Enterprise Oversight (OFHEO), the safety and soundness regulator for Fannie Mae and Freddie Mac, classified Fannie Mae and Freddie Mac as adequately capitalized as of March 31, 2008. Both Fannie Mae and Freddie Mac have publicly released financial results for the first quarter 2008 and OFHEO.s results are consistent with those publicly released data. http://www.fhfa.gov/webfiles/776/OFHEO_mincap_1q08.PDF October 9, 2008 FHFA ANNOUNCES SUSPENSION OF CAPITAL CLASSIFICATIONS DURING CONSERVATORSHIP AND DISCLOSES MINIMUM AND RISK-BASED CAPITAL CLASSIFICATIONS AS UNDERCAPITALIZED FOR THE SECOND QUARTER 2008 FOR FANNIE MAE AND FREDDIE MAC ... Director Lockhart is classifying Fannie Mae and Freddie Mac as of June 30, 2008, prior to the conservatorship, as undercapitalized using FHFA.s discretionary authority provided in the statute. http://www.fhfa.gov/webfiles/775/FHFA_Suspension.PDF http://www.fhfa.gov/Default.aspx?Page=178&ListNumber=0&ListYear=2002 Ooops.
I'm not looking at it as a game; rather i'm looking at it as reality which it is. - - - Updated - - - For those who are able to find work; many will never be hired no matter how many jobs they apply for.
Why should any civil Person in our republic be unwilling to have enough Faith to execute our own laws regarding the concept of employment at will as it concerns unemployment compensation?
Why? What is the premise of your conjecture? Actually Republicans want to make them employed home owning taxpayers, what do you oppose that? - - - Updated - - - The longer they stay unemployed the more likely that will be the outcome so it is more beneficial to shorten the time we pay unemployement benefits.
How many months under 6.5% veresus how many under Obama? I would rather he get it down to a reasonable level since it went over 10% under him. It's been over 7% for almost five years under him, how many months over 7% was it under Bush? It was over 9% for what 24 months, how many months over 9% was it under Bush? the 1% pay taxes on earnings whether it is onshore or offshore, so what are you talking about? The 1% are paying a higher share of tax revenues than under Clinton, or at least they were when Bush was president, so what are they laughing about. - - - Updated - - - Thank you Obama and thank you for admitting his failure and inability to live up to his promises.
Under Gingrich and Kasich and then we had a recession and the dot.com bust before Bush was even in Washington, he was a governor then you recall and then of course 9/11. He and the Republicans kept the deficit to a one year peak of $400B then as the recovery their policies helped to usher in took hold lower the deficits to a paltry $161B. My what we would give for that now. Where did the Democrats and Obama take them, to $1,400 and over a $1,000 Trillion for the next few. They are still over $600B 50% than the worst Bush/Republican. No matter who you try to spin and skew data, Bush and the Republicans were fiscal misers compare to the Democrats and Obama. Bush, yes what would it look like if Obama and the Democrats had only hit $400B in their worst year and had it down to under $200B now.
I don't know. What UR rate did Bush inherit and what rate did Obama inherit? I don't know. How many jobs were being lost or created when Bush took office and how many when Obama took office? The lower rates the Republicans have gotten for them they are working so hard to maintain or lower more still. Thank you Tea party and thank you for admitting their intentionally undermining the economy for their selfish political goals.
No, it was Clinton who was president and that was what changed in 2001. We still had the Republicans running Congress when the golden opportunity of a surplus was squandered by tax cuts and unnecessary wars and $5 trillion more debt unnecessarily run up. sure, because the Great Recession was Obama's fault. Say it bleatingly. One of the more ridiculous things you've ever said. Spending increased *far* faster under Bush than under Obama however you measure it. We'd be trillions more in debt if Obama increased spending like Bush.
UE "benefits"(welfare stolen from children) is what causes unemployment. If you pay someone not to work then guess what they do... Not in the liberal mind.
Hate to break it to you libs but Bush2 was the most liberal prez since LBJ. Your devotion to the lib religion will never let you admit it to yourself tho. Libs should have loved Bush2, he was big govt, big spending, expand govt at every turn. The lib dream come true.
IMO, this is a moral issue. Nearly 1.5 million people will have food taken off their table, and bills that will go unpaid. Can for once people get over being liberal or conservative democrat or republican?? We spend spend close to 50 billion per year in foreign aid..helping other countries poor and unemployed and hungry...we can do that but we can't help our own??
Paying people to sit at home doing nothing does not help them get back on their feet. It only postpones the day when they will take responsibility for themselves instead of leaning on others.
Suddenly oblivious to the numbers? Selective inquiry? How hilarious. How many months under 6.5% veresus how many under Obama? Obama....none. And now flat out lies, you do know how many months the unemployment rate was over 9% under Bush. Why the lie? What about them? The 1% pay taxes on earnings whether it is onshore or offshore, so what are you talking about? The 1% are paying a higher share of tax revenues than under Clinton, or at least they were when Bush was president, so what are they laughing about. Tea party not in power and certainly wasn't when Obama passed his failed economic stimulus nor has it undermined or stopped Obama from being able to get legislation passed that would open the markets and create jobs, more excuses. Thank you Obama for the stats you posted.
