They provide an example of what happens when Americans are forced to cutback on their lifestyle, and when they aren’t. I was watching an episode today of a show called Extreme Couponing on TLC and watched as a women put… Read More ›
unemployment insurance
The Morality Conflict of Moral Hazards
I’ve had a few discussions recently with various people about the morality of two of the biggest abuses I see going on in the economy right now… Unemployment Abuse Mortgage Default Abuse The first involves individuals taking extended stays on… Read More ›
Tell Your Stories Of People Abusing Unemployment
I started a new blog. If you know someone or have heard of someone abusing unemployment, please go to my other blog by clicking on the link below and leaving your story. Please omit any personally identifiable information about you… Read More ›
Unemployment Jumps to 9.8% – Unemployed Getting Additional 13 Months To Avoid Work?
Unemployment insurance abuse is rampant and the unemployed are about to get even more money. One person I know has been offered two jobs and turned them both down, because they can make more on unemployment insurance than the job… Read More ›
Five Reasons To Stay On Unemployment
There are several compelling reasons why anyone on unemployment, or considering it, should stay on unemployment. Unemployment benefits have been extended to provide compensation for almost two years. It is more than likely that the federal government, or states (borrowing… Read More ›
The Job’s Bill-Government Magic Tricks
I remember learning how magicians use sleight-of-hand to keep the audience focused on one hand, while they use their other hand to perform the trick. This intentional distraction works well in magic and works wonders in politics. The recent Jobs… Read More ›
Triple Whammy: Foreclosures Rise, Retail Sales Fall, Unemployment Claims Rise
CNBC reports, “Foreclosures jumped 14 percent in December 2009 from the previous month, according to a new report from foreclosure listing Web site RealtyTrac.com. The increase came despite foreclosure suspensions during the holiday season from Citigroup, Bank of America and Fannie… Read More ›
Headlines – The Devil’s Playground For Editors
Above is the headline from today’s MSNBC article on last weeks jobs reports. Here is the lead-in paragraph… WASHINGTON – The tally of newly laid-off workers seeking unemployment benefits fell unexpectedly for the fifth straight week, a hopeful sign that… Read More ›
200,000 Unemployed Swarm Streets of America!
Tragedy strikes America! Since September of this year, 200,000 people have stopped receiving unemployment payments as their benefits expired. For over two months now, a quarter million people have been without any government (tax payer) assisted income. The media continues to… Read More ›
Unemployment Insurance: Vacation Extended
It hasn’t been voted on and approved yet, but it’s in the pipeline. The Proposals There are a couple of proposals bouncing around in Washington. One is to provide 13 additional weeks of benefits to people in states with unemployment… Read More ›
Vacation Time – What You Should Know
In prior posts I discussed the abuse of unemployment insurance and my belief that it should be privatized. Today I am discussing employers and their treatment of vacation time. In California, companies are not required to provide vacation time, but… Read More ›
Privatize Unemployment Insurance
There is a raft of insurance out there for homeowners, pets, renters, travelers, and victims of floods, fires, theft, terrorism or earthquakes. There’s even insurance if you lose your cellphone or your microwave breaks. There is errors and omissions insurance,… Read More ›
Unemployment Insurance: The Ugly Truth and The Ugly Abuse
The Ugly Truth Let’s put the myth to rest…you do not pay anything into unemployment insurance in California. Your employer is the only one taxed for unemployment insurance. Now wait a minute, before you all go whipping out your pay… Read More ›
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