Tuesday, June 01, 2010

Housing, Unemployment & Fraud... OH MY!!!

Ace has a post on how bad the housing mess has become:

... More than 650,000 households had not paid in 18 months, LPS calculated earlier this year. With 19 percent of those homes, the lender had not even begun to take action to repossess the property — double the rate of a year earlier...

Hot Air has a post on California's unemployment numbers for April:

Unemployment claims in California hit 768,709 in April, a modern-day record and the highest during this recession, state Employment Development Department officials report...

Just two years ago in April — a year into California’s recession — the unemployed filed 254,123 claims for benefits, EDD stats show. This April, that number more than tripled as the state remained at a record 12.6% unemployment rate, third highest in the country.

And Big Government has a post from James O'Keefe and his recent fraud investigations:

On April 27, 2010, I got a job with the United States Census Bureau in New Jersey. With a hidden camera, I caught four Census supervisors encouraging enumerators to falsify information on their time sheets. Over the course of two days of training, I was paid for four hours of work I never did. I was told to take a 70 minute lunch break, was given an hour of travel time to drive 10 minutes, and was told to leave work at 3:30pm. I resigned prior to doing any data collection but confronted Census supervisors who assured me, “no one is going to be auditing that that level,” and “nobody is going to be questioning it except for you.” Another Census supervisor only said he’d adjust my pay after I gave him a letter recanting my hours.

No comments: