{"id":1691,"date":"2012-11-29T11:53:31","date_gmt":"2012-11-29T11:53:31","guid":{"rendered":"http:\/\/sol-biotech.com\/wordpress\/?p=1691"},"modified":"2012-11-29T11:53:31","modified_gmt":"2012-11-29T11:53:31","slug":"money-for-banks-good-money-for-people-bad","status":"publish","type":"post","link":"https:\/\/sol-biotech.com\/wordpress\/index.php\/2012\/11\/29\/money-for-banks-good-money-for-people-bad\/","title":{"rendered":"Money for banks = good, money for people = bad"},"content":{"rendered":"<p>Unemployment benefits cost: $520 billion<br \/>\n<a href=\"http:\/\/money.cnn.com\/2012\/11\/29\/news\/economy\/unemployment-benefits-cost\/index.html?source=cnn_bin\">http:\/\/money.cnn.com\/2012\/11\/29\/news\/economy\/unemployment-benefits-cost\/index.html?source=cnn_bin<\/a><\/p>\n<p>The headline is clearly intended to fire up conservative blowhards who are convinced that poor people are stealing their money.  Note that this figure is for the entire 5 year period of the Great Recession (which would absolutely be another Great Depression if not for these dribs and drabs of social safety net!), so the annual cost is a bit over $100 billion, or a bit less than 15% of the money we spend on our military industrial complex _each year_ (not including the wars or the intelligence community, at least another $300 billion!).  Also, it is a small fraction (<a href=\"http:\/\/sol-biotech.com\/wordpress\/2012\/07\/26\/sixteen-_trillion_-dollars\/\">a bit more than 3%<\/a>) of what we have spent on bailing out the banks where we are lucky to get our money back with interest (note that the CBO thinks we will get a 10% return on investment for every buck we spend on &#8216;these leeching, good for nothing layabouts&#8217;, so in reality, IT DOESN&#8217;T COST THE COUNTRY A DAMN THING!).<\/p>\n<p>So, instead of printing the following, vastly more honest headline:<\/p>\n<blockquote><p>An investment of $30 billion in extending unemployment next year would net the country a 10% ROI<\/p><\/blockquote>\n<p>we have a headline specifically exaggerated to inflame the minds of conservative population.<\/p>\n<p>Man I wish I could get my wife to consider emigration!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Unemployment benefits cost: $520 billion http:\/\/money.cnn.com\/2012\/11\/29\/news\/economy\/unemployment-benefits-cost\/index.html?source=cnn_bin The headline is clearly intended to fire up conservative blowhards who are convinced that poor people are stealing their money. Note that this figure is for the entire 5 year period of the Great Recession (which would absolutely be another Great Depression if not for these dribs and drabs &hellip; <a href=\"https:\/\/sol-biotech.com\/wordpress\/index.php\/2012\/11\/29\/money-for-banks-good-money-for-people-bad\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Money for banks = good, money for people = bad&#8221;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[14,19,16,3,8,10],"tags":[],"class_list":["post-1691","post","type-post","status-publish","format-standard","hentry","category-business","category-economics","category-government","category-politics","category-psychology","category-society"],"_links":{"self":[{"href":"https:\/\/sol-biotech.com\/wordpress\/index.php\/wp-json\/wp\/v2\/posts\/1691","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/sol-biotech.com\/wordpress\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/sol-biotech.com\/wordpress\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/sol-biotech.com\/wordpress\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/sol-biotech.com\/wordpress\/index.php\/wp-json\/wp\/v2\/comments?post=1691"}],"version-history":[{"count":1,"href":"https:\/\/sol-biotech.com\/wordpress\/index.php\/wp-json\/wp\/v2\/posts\/1691\/revisions"}],"predecessor-version":[{"id":1692,"href":"https:\/\/sol-biotech.com\/wordpress\/index.php\/wp-json\/wp\/v2\/posts\/1691\/revisions\/1692"}],"wp:attachment":[{"href":"https:\/\/sol-biotech.com\/wordpress\/index.php\/wp-json\/wp\/v2\/media?parent=1691"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/sol-biotech.com\/wordpress\/index.php\/wp-json\/wp\/v2\/categories?post=1691"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/sol-biotech.com\/wordpress\/index.php\/wp-json\/wp\/v2\/tags?post=1691"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}