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Four Ways the Debt-Ceiling Deal Will Affect You Personally

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Donnachaidh Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Aug-02-11 12:07 PM
Original message
Four Ways the Debt-Ceiling Deal Will Affect You Personally
http://www.truth-out.org/four-ways-debt-ceiling-deal-will-affect-you-personally/1312291478

How is this deal likely to affect your household? If you're in the top 1% of earners, there's no need to read any further because it probably won't affect you personally. Here are five ways it's likely to affect the rest of us:

1. You'll be less likely to find a job if you're looking. If you've got a job, you're less likely to earn more money - and more likely to lose it.

The New York Times report of a secret agreement not to help the economy only confirms what we already knew: The President won't aggressively push a jobs program, and the Republicans don't intend to pass one in any case.

This is bad news if you or anyone close to you is currently unemployed -- especially if you live an a hard-hit area, have been unemployed for a long time, are African American, or are older. It's equally bad news if you've just graduated from college. This "grand bargain" won't even extend your Federal unemployment insurance.

More at the link --
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EFerrari Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Aug-02-11 12:09 PM
Response to Original message
1. This is the best run down I've read today. n/t
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RKP5637 Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Aug-02-11 12:17 PM
Response to Original message
2. Change you can believe in! n/t
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rusty charly Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Aug-02-11 12:38 PM
Response to Reply #2
5. HOPEY-CAVEY!
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dixiegrrrrl Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Aug-02-11 12:23 PM
Response to Original message
3. Had to laugh when I read this in the article:
"First and foremost, people can call today and demand that your Senators and representatives reject this deal."

Riiiight.....that has worked SO well with TARP, Health Care and now the Debt Ceiling scam, hasn't it?

and

"If the deal does pass, demand that only people who represent you are appointed to the extra-legislative Super Congress that's been empowered with deciding your fate."

riiight.....

How in THE **** are they getting away with SUPERSEDING CONGRESS and appointing a hand picked group of 13 people to run our country?

13 people!
And....No one who voted against the Senate or bill will be on that "Super Congress".

So there were 40 Dems and 20 Republicans and Lie-berman who voted yes, most likely.
And THEY will listen to YOU and ME?

I laugh....bitterly.
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RKP5637 Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Aug-02-11 12:29 PM
Response to Reply #3
4. We have no voice out here. How often does anything really get
accomplished in America by asking? The new America in the 21st century has no priorities for the majority of the citizens. The only thing that counts today in USA, Inc. is bottom line profit. Most of the citizens are in the way, and IMO it's going to get worse. And jobs coming back, what a joke.

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Demit Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Aug-02-11 12:41 PM
Response to Reply #3
6. 12 people. Only 12 get the super duper new powers.
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izquierdista Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Aug-02-11 01:02 PM
Response to Reply #6
7. They won't have any powers
They can't be turned into articles of incorporation, that's what would REALLY give them power. They are just 12 faces who will do the bidding of BP, Wal-Mart, Koch Industries, GE, Caterpillar, Boeing, Goldman Sachs, and DeutscheBank. Most of the aforementioned artificial persons have found greener pastures than the United States to ply their trade, so you can expect them to treat the U.S. like a car up on blocks in the back yard -- a place for the dog to get out of the rain, but they have no intention of getting it running again.
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RKP5637 Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Aug-02-11 01:23 PM
Response to Reply #7
8. Yep, I'm sure they will have the majority of the citizens as their number one
priority. Any thinking "we the people" are a priority anymore really really don't get what's going on ... Megabucks runs the country and the priorities, like in a corporate structure the bottom line is cutting costs and increasing profits for the shareholders. Most citizens are in the way today and are dispensable. Give this country a few more years and it's really going to be obvious. Most of us don't even have a political party anymore that even represents us.



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