Friday, July 30, 2010

Quote Of The Day

From this thread, at Infidel Bloggers Alliance, a comment by SamenoKami, upon the news that the United States Senate voted to extend unemployment benefits:

"Insurance is paid by the employer/employee to cover 26wks of unemployment, after that it's welfare. The gov't is going deeper into debt to pay people's bennies so that money will be put into the economy and people will think that they can get by and get thru this and there will be a better day. Ha! The borrowed money digs the hole deeper and screws us, our children/grand and great grandchildren and guarantees that things will be worse than if the gov't left it alone. We are approaching a point where the interest on the debt will take up all the collected taxes. If/when that happens there will be NO- SS, Medicare, Medicaid, public housing, food stamps, unemployment, etc. etc. They have to keep the game going as long as possible, otherwise it all goes belly up (which it will eventually anyway) and those who were screwed get the tar, feathers and rope and head to DC."

Detailed information about how unemployment benefits work HERE at Government Info.

Quite the reality check, huh?

In my view, most Americans right now don't see the train wreck coming. But it IS coming, and The Nanny State cannot save us.

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posted by Always On Watch @ 7/30/2010 04:00:00 PM