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alstry (35.28)

America Shutting Down....No More $$$$$ in 9.09

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September 03, 2009 – Comments (4)

Welcome to 9.09......America NEVER shut down in the Great Depression....there were NEVER 100,000,000 million Americans on welfare, social security, medicare/medicaid and unemployment dependent on an economy not generating much in profits....and an economy dependent on such spending to function.....some people call printing money simply so tens of millions can consume a Ponzi Scheme.

If you Fools think this is even going to be close to The Great Depression.....you Fools ain't thinking.  When you produce very little, have lots of debt, and the bankers cut you off....ALMOST EVERYTHING SHUTS DOWN!!!!!!!

Most of you Fools are still hoping and wishing simply rubbing your little balls while the Zombulator sucks the life out of everything around you making an easy breakaway layup in the open court.

PROVIDENCE, R.I. -- Rhode Island residents looking to renew their drivers licenses, get help claiming unemployment benefits or even go golfing could face closed doors Friday after a judge cleared the way for Gov. Don Carcieri to shut down most of the state government.

Unions representing nearly 13,000 state workers are seeking to stop the shutdown day, the first of a dozen planned by Mr. Carcieri. Superior Court Judge Michael Silverstein on Thursday refused their request to do so, instead ordering both sides into arbitration, a process that could take two months or more.

A state Supreme Court justice planned to hear an appeal from the unions Thursday afternoon.

Mr. Carcieri, who didn't immediately comment on Judge Silverstein's ruling, ordered the shutdowns to help close a $68 million shortfall in a state budget hammered by surging unemployment and dwindling state tax revenue. The shutdowns will require all but essential workers to stay home without pay, or about 80% of the state's work force.

"We want to stop the shutdowns and go to arbitration," said Brendan Fogarty, president of Local 400, whose union represents employees from the departments of transportation, environmental management and administration. "We don't want our members to not get paid while we wait for the decision."

Mr. Carcieri has scheduled one or two shutdown days every month until the start of the state's next fiscal year in July. The decision puts Rhode Island among at least 20 states considering furloughs or shut downs to save money, according to a survey by the National Conference of State Legislatures.

Among those likely to be inconvenienced are people already pinched by one of the worst recessions in Rhode Island since the Great Depression. The call center at the state Department of Labor and Training will not take calls from newly unemployed people in a state with a 12.7% unemployment.

http://online.wsj.com/article/SB125197414720882845.html

When there is NO MONEY.....people don't get paid......can someone please tell Mr. Bernanke when more and more are NOT GETTING PAID.....the DEPRESSION IS GETTING WORSE....MUCH WORSE.

Don't you think it's about time we restructure????????

4 Comments – Post Your Own

#1) On September 03, 2009 at 6:56 PM, alstry (35.28) wrote:

IT IS A MESS AND GETTING MESSIER.....

Workers at the department have struggled to quickly process unemployment claims from jobless people seeking cash help. The state has been paying workers overtime to process a backlog of unemployment claims filed online, department spokesman Laura Hart said.

Ms. Hart said the backlog could rise in the short term because of the shutdown days. "We really are going to have to see the long-term impact, we don't know yet."

In a memo to Mr. Carcieri, the Department of Human Services warned computers systems used to manage welfare and health-care benefits cannot automatically account for the shutdown days, meaning those services could be improperly continued or prematurely cut off. Child-support payments will be delayed by a day.

The shutdown mean roughly 450 to 500 people will not be served by the food stamp program, according to the memo. Rehabilitation workers said the state could lose federal stimulus funding if their backlog grows too great.

I KNOW...THE RESTAURANT DOWN THE STREET IS PACKED.....SO WERE MADOFF'S CLIENT'S BEFORE THE LEARNED ABOUT THEIR 9.09

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#2) On September 03, 2009 at 7:06 PM, alstry (35.28) wrote:

SURE UNEMPLOYMENT IS GOING DOWN.......

WASHINGTON (Reuters) - More than 35 million Americans received food stamps in June, up 22 percent from June 2008 and a new record as the country continued to grapple with the worst recession since the Great Depression of the 1930s.

The food stamp program, which helps cover the cost of groceries for one in nine Americans, has grown in step with the U.S. unemployment rate which stood at 9.4 percent in July.

The Labor Department will release August employment figures on Friday.

June was the seventh straight month in which food stamp rolls set a record. The average benefit in June was $133.12 per person.

ANY THOUGHTS ABOUT JULY AND AUGUST????

You think there were 35,000,000 getting food stamps in The Great Depression....nope, they were getting there picture taking standing in line for food....but it was no were close to 35,000,000.

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#3) On September 03, 2009 at 8:50 PM, Starfirenv (< 20) wrote:

getting there picture
getting their picture

no were close
no where close

And you claim to be a barrister? At any rate, the info you produce is hugely appreciated. +1 rec for that.

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#4) On September 03, 2009 at 9:24 PM, alstry (35.28) wrote:

crappy speller, even worserer fast typer, and no spell check without proof reading much makes for some very Foolish results.

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