99ers: Much Talk, Little Action – Disappointing Tier 5 Unemployment Extension Rally

Unemployment-Extension-Wall-Street-Rally

After all the heated discussions, the promise of taking their actions to the streets, the vow of walking their talk, the 99ers finally held heir first political rally on Thursday on Wall Street. The rallyists called for a Tier 5 unemployment extension bill.

The rally follows the heels of Senator Debbie Stabenow’s → Read More

99ers, Tier 5 Unemployment Extension: 1 Million Foreclosures Possible

foreclosure-and-bank-reform

Senator Debbie Stabenow’s Tier 5 unemployment extension bill for 99ers – the “Americans Want to Work Act,” is set to be taken up by the Senate in September once the Upper House resumes session.

This early, advocates of S.3706 are expecting a tough battle ahead. Getting this Tier 5 legislation passed by → Read More

Talking About ’99ers With Dylan Ratigan; Tier 5 Unemployment Extension Skipped

Unemployment-Extension-Dylan Ratigan

Dylan Ratigan, of The Dylan Ratigan Show (MSNBC), asked me to come on his show as a representative of the ’99ers and talk about my plight. I was eager to do so, and I’m extraordinarily grateful for the time he gave me. My only wish is that, instead of talking about me → Read More

Tier 5 Unemployment Extension Justified As Jobless Rate Rises to 5 Month High

Tier 5 Unemployment Extension Justified As Jobless Rate Rises to 5 Month High

On August 12, the U.S. Department of Labor reported that 484,000 new claims for unemployment insurance were filed in the week ending August 7. This is an increase of 2,000 from the previous week, and in the past four weeks and average of 473,500 new claims were filed every week. These figures → Read More

’99ers Waiting on Tier 5 Unemployment Extension Need to Know Why Businesses Aren’t Hiring

Unemployment-Extension-Hire-Workers-USA

It’s pretty common thinking that a business that hires a ’99er needs to make more money from the hire than it spends on them; if the business doesn’t, they were better off leaving the ’99er to keep waiting for Congress to pass the Tier 5 unemployment extension.  What isn’t obvious is exactly → Read More

U.S. Financial Markets in Need of a Tier 5 Unemployment Extension Now More Apparent

Unemployment-Extension-Tier-5-Financial-Markets

Over the past week a series of reports issued by the U.S. Government have, in the opinion of many economists, shown that the U.S. economy is not only slowing, but may actually be stalling.  Over 14 million Americans are unemployed and many states are seeing unemployment rates that have not been seen → Read More

Federal Reserve’s Actions Clearly State Tier 5 Unemployment Extensions A Necessity

Unemployment-Extension-Tier-5-Federal-Reserve

The Federal Open Market Committee (FMOC) released a statement yesterday that both confirms the fears of the ’99ers — those of us who have used up the allotted 99 weeks of unemployment benefits — and offers a tiny amount of hope at the same time.  The FMOC controls the Federal Reserve, which → Read More

Tier 5, 99ers Update: Illegal Aliens Received Unemployment Extension Benefits in Colorado

Unemployment-Extension-Paid-To-Illegal-Aliens

We have heard the arguments against unemployment extension by Republicans and those who oppose it. The main reason for their opposition, they contend, is the impact of jobless benefits on the nation’s growing budget deficit. The same argument is likely to be raised against the Tier 5 “Americans Want to Work Act” → Read More