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Retribution Against the Financial Elite

How Wall Street Says #HappyHolidays

Posted 3 months ago on Dec. 25, 2013, 1:20 p.m. EST by OccupyWallSt
Tags: Wall Street, Holidays, unemployment

From one of the 99%:

Got an email last night about the expiration of the Emergency Unemployment Compensation (EUC) program on December 29, 2013.

I am officially screwed. As is everyone else collecting extended benefits.

11 Comments

11 Comments


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[-] 6 points by ZenDog (20529) from South Burlington, VT 3 months ago

yet the corporate welfare goes on

[-] 6 points by shooz (26709) 3 months ago

I've been afraid to post anything on this.

Another round of austerity, is the last thing we need.

Proven ineffective, yet still being instituted in so many places and on so many levels.

I feel for you and wish I could give you a hug though this screen.

[-] 3 points by grapes (2640) 3 months ago

This should have been a no-brainer for our Congress.

Although our economy has improved since last year(I sure hope that some of us who had capital had crawled under the skirt and gotten ecstasy, to reach new highs), it is still very painfully slow-going so loose fiscal policy is still very much called for. Fiscal policy is far more superior than monetary policy because it can be far more targeted than monetary policy. The propensity to spend unemployment insurance payments is extremely high, unlike the 85 (75 starting in January) billion dollars a month of payments to support the housing and bond markets mostly bloating the reserves of the banks. Congress, unblock progress.

[-] 2 points by JohnWa (508) 3 months ago

Yes the recurring pattern orchestrated through the <1% Govt

A system change is necessary

Public education necessary

Mexico, Finland and many other countries can run free education while in the US the money goes to the 1%.

Privatized healthcare is unnecessary.

Free healthcare is also widespread in many countries, even in Cuba.

In the US privatized healthcare is a cash cow for corporates and ridiculously unaffordable. Education is going the same way.

Biosphere destruction unnecessary.

[-] 2 points by shooz (26709) 3 months ago

This, is being done in spite of STRONG public opposition.

http://thinkprogress.org/economy/2013/12/26/3104601/poll-emergency-unemployment-benefits/

[-] 0 points by rocket88doowop (29) from Brooklyn, NY 3 months ago

A good politician does not care if a rich person will not vote for him/her but instead cares about all of the people, not just most of the people.

[-] 3 points by JohnWa (508) 3 months ago

So we have few good politicians?

Or is it just that campaigns use money to buy media coverage and that the people believe what media tells them. So money corrupts politicians who are bought and sold, according to how compliant they are to the wishes of the rich.

Good politicians just don't get in without supporting funds.

The system is set up that way.

[+] -5 points by 2percent (0) 3 months ago

I used to come on here to toy with the wanna be hippies, now this site has no one on it. Oh well, all the none STEM grads must have taken the liberal arts degree with $100K debt and went back to the fast food restaurant employment.

[-] 0 points by BradB (2693) from Washington, DC 3 months ago

hehe... you are such an idiot.... even if you are really one of the elite... you will hate yourself for wasting so much time once you grow up... good luck ... sooner the better