This is how the relentless squeeze is put on the private sector. Federal bailouts of state unemployment-compensation funds will result in greater Federal control and levying of taxes and fees on what remains of the private sector. Existing outside of the Control Grid–off the public dole–will become increasingly untenable.
One by one, private sector holdouts will lose their grip and be swept into a Federal system acting under international guidelines. Those newly captured will be placed under draconian controls–surveillance, forced drugging and sterilization, forced labor, a limited ration of genetically modified food–in exchange for “benefits” and “security.”
“The recession’s jobless toll is draining unemployment-compensation funds so fast that according to federal projections, 40 state programs will go broke within two years and need $90 billion in loans to keep issuing the benefit checks.
“The shortfalls are putting pressure on governments to either raise taxes or shrink the aid payments.
“Debates over the state benefit programs have erupted in South Carolina, Nevada, Kansas, Vermont and Indiana. And the budget gaps are expected to spread and become more acute in the coming year, compelling legislators in many states to reconsider their operations.”
Read more at MSNBC.