NYJetsFan.com Forums: The Wages Of Unemployment Fraud: $3.3 Billion - NYJetsFan.com Forums

Jump to content

Toggle shoutbox NYJETSFAN BANTER

Lee lee lee lee lee lee lee Lee la la lee le lee leeeee
Jetsfan115 Icon : (28 April 2016 - 10:03 PM) Broncos traded up for lynch
MikeGangGree... Icon : (28 April 2016 - 10:41 PM) Round 1 is done
2JBallar01 Icon : (29 April 2016 - 12:43 AM) He will play ILB for us.
Jetsfan115 Icon : (29 April 2016 - 11:08 AM) http://nyjetsfan.com...showtopic=38865
Jetsfan115 Icon : (29 April 2016 - 11:19 AM) jets tried to trade up for tunsil but the price was too high
Jetsfan0099 Icon : (29 April 2016 - 05:10 PM) Tunsil will end up out of the league
Jetsfan0099 Icon : (29 April 2016 - 05:12 PM) Lee isn't a pass rusher, hes a fast athletic LB. Hes probably their future at ILB, someone who can cover in the middle
Jetsfan115 Icon : (29 April 2016 - 06:16 PM) jets said he's an ILB for us
Jetsfan115 Icon : (29 April 2016 - 06:17 PM) If we could grab jack he would be an OLB
Jetsfan115 Icon : (29 April 2016 - 06:17 PM) ttians have 3 picks in the next 13 picks
Jetsfan115 Icon : (29 April 2016 - 06:33 PM) jack to jax 36th overal
ganggreen2003 Icon : (29 April 2016 - 06:33 PM) Did you hear that the 1st round pick for the Browns RETIRED after getting drafted
SoReALSoJetS Icon : (29 April 2016 - 07:29 PM) Hi guys long time no talk hope everyone is well
Mr_Jet Icon : (29 April 2016 - 07:46 PM) SMH
ganggreen2003 Icon : (29 April 2016 - 07:46 PM) JETS drafted QB Hackenberg PSU
Mr_Jet Icon : (29 April 2016 - 07:47 PM) Should have picked Connor Cook.
MikeGangGree... Icon : (29 April 2016 - 07:56 PM) I guess we are giving up on petty
Jetsfan115 Icon : (29 April 2016 - 09:02 PM) Or giving up on geno
Jetsfan115 Icon : (29 April 2016 - 09:02 PM) I said the rumor was they liked him more then cook
Mr_Jet Icon : (29 April 2016 - 11:35 PM) I know I'm biased, but I've seen them both play. Cook is just better. Hackenberg had one good year. Cook has won more games, played in big games and won them....whatever, its done now so no sense on dwelling on it I guess. I just don't see the appeal in Hackenberg, nice kid, but I always thought he was really overrated. Oh well. I would have taken Kevin Hogan over Hackenberg.
azjetfan Icon : (30 April 2016 - 03:47 PM) From what I have read so far he had a great freshman year under Obrien in a pro style offense. At that point some considered him the next Andrew luck. Then Obrien left and they shifted to a spread under new HC who did poor job bringing in talent. He was also sacked and hit a million times. Might be shell shocked.
Smedsthejet Icon : (01 May 2016 - 06:17 AM) But Chan Gailey runs a spread system - still, I'm comfortable with the Hackenberg pick seeing as Gailey will develop the system to suit his strength... I'm just glad that we passed on Paxton Lynch in the first...we still desperately need Fitz to re-sign though
azjetfan Icon : (01 May 2016 - 07:14 PM) From my understanding the spread in college and the spread in NFL are not the same principals. I really think it was more of a talent issue and getting sacked 80 times in 2 years that did him in. I have no idea if he will make it. I don't follow college ball enough to to know. Theses are just things I read in articles.
Jetsfan115 Icon : (02 May 2016 - 10:24 AM) I'm stoked about getting peake in the 7th round. that was a steal. he was a projected 3rd rounder. wonder what scared teams away
Jetsfan115 Icon : (02 May 2016 - 06:05 PM) Jets Invite Terron Beckham(Odell's Cousin) to Minicamp
Jetsfan115 Icon : (02 May 2016 - 06:06 PM) Listed as a RB had more bench presses and highest vertical of anyone this year. Hasn't played football since high school and apparently not very smart
Jetsfan0099 Icon : (03 May 2016 - 05:16 PM) The Jets had Hackenberg as their #2 rated QB
Jetsfan0099 Icon : (03 May 2016 - 05:16 PM) Apparently, they loved Golf and tried to trade up. When that failed, their #2 QB was Hackenberg, they fell in love with his football IQ
Jetsfan0099 Icon : (03 May 2016 - 05:17 PM) It would be a mistake to start him right away, hes a guy who needs development. He has the talent, and apparently he has good leadership skills and football IQ. His mechanics are off though
HarlemHxC814 Icon : (10 May 2016 - 12:25 PM) Is this street thug Ryan Fitzpatrick ever gonna sign?
SecondHandJets Icon : (11 May 2016 - 02:03 PM) Hey guy
SecondHandJets Icon : (11 May 2016 - 02:03 PM) Is everyone excited for the Geno Smith Era?
SecondHandJets Icon : (11 May 2016 - 02:04 PM) Finally the kid can show us what he can do
SecondHandJets Icon : (11 May 2016 - 02:04 PM) I know Mr Jet is excited
SecondHandJets Icon : (11 May 2016 - 02:04 PM) I know Harlem is too
SecondHandJets Icon : (11 May 2016 - 02:04 PM) GO TEAM!
Jetsfan115 Icon : (18 May 2016 - 10:40 AM) from the looks of it, nobody is excited lol
santana Icon : (18 May 2016 - 10:27 PM) I'm excited for geno smith. His jaw will survive the off season.
Jetsfan115 Icon : (19 May 2016 - 06:26 PM) not true, never know who might punch him
MikeGangGree... Icon : (21 May 2016 - 05:38 PM) f*** Geno smith
MikeGangGree... Icon : (21 May 2016 - 05:39 PM) J-E-T-S JETS JETS JETS!!!
mgjetman Icon : (23 May 2016 - 02:01 PM) Geno really needs to go away. Double f**k Geno.
Jetsfan115 Icon : (23 May 2016 - 02:21 PM) Fitzpatrick said he wants to play for the jets and that he won't retire
HarlemHxC814 Icon : (23 May 2016 - 06:50 PM) This street thug Darron Lee hasn't signed yet
MikeGangGree... Icon : (25 May 2016 - 05:32 PM) that damn dirty street thug
Resize Shouts Area

Page 1 of 1
  • You cannot start a new topic
  • You cannot reply to this topic

The Wages Of Unemployment Fraud: $3.3 Billion Bogus claims are costing the government dearly. In 2011, the biggest c

#1 User is offline   azjetfan Icon

  • D Coordinator
  • Icon
  • Group: Members
  • Posts: 3,194
  • Joined: 30-March 05
  • Gender:Male
  • Location:Cheese Land Baby
  • Interests:Football, golf, banking and home improvements

  • NFL Team:

Posted 30 April 2013 - 02:04 PM

http://money.msn.com...82-bc403779bda7

Quote

The wages of fraud have been calculated, and the figure is a whopper: The government overpaid $3.3 billion in unemployment insurance benefits in 2011 because of bogus claims.





Most of that fraud -- $2.2 billion of it -- was linked to people who concealed that they continued to work, according to the Federal Reserve Bank of St. Louis.




The findings raise questions about the program's efficacy, at a time when many workers continue to struggle in a still-recovering job market. Although the fraud represents a small percentage of the total $108 billion in unemployment benefits paid out in 2011, it nevertheless undermines the program's goals and perhaps takes away from those who are qualified for the payments.




About $500 million of fraudulently claimed money went to workers earning at least $900 per week, or $46,800 per year, the St. Louis Fed noted. Fraudulent claims for those earning less than $300 per week cost the program a far smaller amount, about $210 million.




The reason for the disparity is simply that high earners receive bigger unemployment checks, because workers receive benefits that represent a portion of their earnings, the study said.




Despite that, more low-earners committed fraud, according to the bank. Almost half of the concealed-earnings fraud (unemployment claims from people still receiving wages) was committed among people earning $300 to $600 per week. That's annual income of $15,600 to $31,200.




With the recession and a tough job market, unemployment fraud has come under scrutiny, although the St. Louis Fed didn't note whether the cheating is on the rise or has diminished. But The Wall Street Journal notes that the cost of the fraud likely declined in 2012, given that total spending on jobless benefits fell to $84 billion last year.




Several high-profile cases of alleged fraud have recently come to light. In January, federal prosecutors alleged a fictitious employer scheme defrauded the government of $5 million, with fake employers laying off fictitious employees, who then filed for benefits.




And the Illinois Department of Employment Security last Monday said it was cracking down on unemployment fraud. It alleges that five Chicago-area residents claimed unemployment benefits, even though they were still working, costing the program $159,000.




The program has also come under fire for providing benefits to millionaires, with the government spending $29.9 million in jobless payments to million-dollar earners in 2010, as I wrote earlier this month for MSN moneyNOW. That represented a 44% jump from the previous year. With Wall Street companies such as JPMorgan Chase (JPM +0.02%) cutting thousands of jobs during the past few years, it raises the possibility that some of those million-dollar earners are bankers or brokers.




While several bills have been introduced that would limit jobless benefits for workers with high incomes, the proposals haven't gone anywhere.


Follow Aimee Picchi on Twitter at @aimeepicchi.

More on moneyNOW

Posted Image
0

#2 User is offline   Mr_Jet Icon

  • Assistant Head Coach
  • Icon
  • Group: Members
  • Posts: 4,330
  • Joined: 31-March 05
  • Gender:Male
  • Location:Earth

  • NFL Team:

Posted 30 April 2013 - 04:13 PM

I'm outraged!!! Those f***ing 3% of lazy bums need to be shot in the hea........have their benefits cut off.

View PostMr_Jet, on 10 September 2011 - 06:49 PM, said:

actually most of the people who commit welfare fraud are guess what...employed. People who are working full time or working two jobs and don't report it to DHS are the ones that are committing most of the fraud, and hell welfare cheats are still a small percentage of the overall total of people on gov't assistance. I see people with jobs cheat the system a lot more than I see unemployed people cheating the system.



:saythat:

View PostFlyHiJets, on 01 June 2013 - 08:35 PM, said:

You're the scumbag that thinks everyone should kiss the as$es of a bunch of criminals but I'm a dumbass. Yeah okay douchebag. Go give some illegal wetback or Revis another blowjob. But then again.....don't you live in an entirely different country but yet think you can tell us how to live? Go fvck yourself little boy. You're likely still living with mommy & daddy. Pu$$y.


View Postazjetfan, on 02 July 2014 - 03:36 PM, said:

There are a few things I have realized about Mr. Jet over a few topics.

1) He is a racist. By constantly using race as a battling tool.
2) He is an extreme Liberal. If you are on either extreme you are probabaly more wrong than right.
3) He is one of those people who will never admit fault, error or defeat.
4)His life sucks and he takes it out on people who don't share in his views.
0

#3 User is offline   azjetfan Icon

  • D Coordinator
  • Icon
  • Group: Members
  • Posts: 3,194
  • Joined: 30-March 05
  • Gender:Male
  • Location:Cheese Land Baby
  • Interests:Football, golf, banking and home improvements

  • NFL Team:

Posted 30 April 2013 - 07:50 PM

View PostMr_Jet, on 30 April 2013 - 04:13 PM, said:

I'm outraged!!! Those f***ing 3% of lazy bums need to be shot in the hea........have their benefits cut off.




:saythat:/>

And by benefit you mean........
Posted Image
0

#4 User is offline   Mr_Jet Icon

  • Assistant Head Coach
  • Icon
  • Group: Members
  • Posts: 4,330
  • Joined: 31-March 05
  • Gender:Male
  • Location:Earth

  • NFL Team:

Posted 30 April 2013 - 08:25 PM

View Postazjetfan, on 30 April 2013 - 08:50 PM, said:

And by benefit you mean........



The unemployment insurance/government assistance that is benefiting them. Or at least did in 2011.

View PostFlyHiJets, on 01 June 2013 - 08:35 PM, said:

You're the scumbag that thinks everyone should kiss the as$es of a bunch of criminals but I'm a dumbass. Yeah okay douchebag. Go give some illegal wetback or Revis another blowjob. But then again.....don't you live in an entirely different country but yet think you can tell us how to live? Go fvck yourself little boy. You're likely still living with mommy & daddy. Pu$$y.


View Postazjetfan, on 02 July 2014 - 03:36 PM, said:

There are a few things I have realized about Mr. Jet over a few topics.

1) He is a racist. By constantly using race as a battling tool.
2) He is an extreme Liberal. If you are on either extreme you are probabaly more wrong than right.
3) He is one of those people who will never admit fault, error or defeat.
4)His life sucks and he takes it out on people who don't share in his views.
0

#5 User is offline   azjetfan Icon

  • D Coordinator
  • Icon
  • Group: Members
  • Posts: 3,194
  • Joined: 30-March 05
  • Gender:Male
  • Location:Cheese Land Baby
  • Interests:Football, golf, banking and home improvements

  • NFL Team:

Posted 30 April 2013 - 09:14 PM

View Postazjetfan, on 30 April 2013 - 07:50 PM, said:

And by benefit you mean........

I was referring to body part removal. Bad attempt at a joke. I will try harder
Posted Image
0

#6 User is offline   Mr_Jet Icon

  • Assistant Head Coach
  • Icon
  • Group: Members
  • Posts: 4,330
  • Joined: 31-March 05
  • Gender:Male
  • Location:Earth

  • NFL Team:

Posted 30 April 2013 - 11:29 PM

View Postazjetfan, on 30 April 2013 - 10:14 PM, said:

I was referring to body part removal. Bad attempt at a joke. I will try harder



Oh I get it now. But I fear that might give people like Michele Bachmann and Louie Gohmert ideas. I could see them going around with a machete trying to cut off the "benefits" of people on public assistance.

View PostFlyHiJets, on 01 June 2013 - 08:35 PM, said:

You're the scumbag that thinks everyone should kiss the as$es of a bunch of criminals but I'm a dumbass. Yeah okay douchebag. Go give some illegal wetback or Revis another blowjob. But then again.....don't you live in an entirely different country but yet think you can tell us how to live? Go fvck yourself little boy. You're likely still living with mommy & daddy. Pu$$y.


View Postazjetfan, on 02 July 2014 - 03:36 PM, said:

There are a few things I have realized about Mr. Jet over a few topics.

1) He is a racist. By constantly using race as a battling tool.
2) He is an extreme Liberal. If you are on either extreme you are probabaly more wrong than right.
3) He is one of those people who will never admit fault, error or defeat.
4)His life sucks and he takes it out on people who don't share in his views.
0

#7 User is offline   azjetfan Icon

  • D Coordinator
  • Icon
  • Group: Members
  • Posts: 3,194
  • Joined: 30-March 05
  • Gender:Male
  • Location:Cheese Land Baby
  • Interests:Football, golf, banking and home improvements

  • NFL Team:

Posted 01 May 2013 - 02:13 PM

View PostMr_Jet, on 30 April 2013 - 11:29 PM, said:

Oh I get it now. But I fear that might give people like Michele Bachmann and Louie Gohmert ideas. I could see them going around with a machete trying to cut off the "benefits" of people on public assistance.

I love me some Danny DeVito
Posted Image
0

#8 User is offline   santana Icon

  • I'm batman
  • Icon
  • Group: Admin
  • Posts: 7,979
  • Joined: 03-June 05
  • Gender:Male
  • Location:Washington DC
  • Interests:Keeping this place from breaking... and titties.

  • NFL Team:

  • MLB:

Posted 01 May 2013 - 02:55 PM

3.3 billion? thats it?
Nyjetsfan.com Jets Fan Forum and Chat
0

#9 User is offline   azjetfan Icon

  • D Coordinator
  • Icon
  • Group: Members
  • Posts: 3,194
  • Joined: 30-March 05
  • Gender:Male
  • Location:Cheese Land Baby
  • Interests:Football, golf, banking and home improvements

  • NFL Team:

Posted 01 May 2013 - 03:21 PM

View Postsantana, on 01 May 2013 - 02:55 PM, said:

3.3 billion? thats it?

Its only $10 a person. Roughly
Posted Image
0

Page 1 of 1
  • You cannot start a new topic
  • You cannot reply to this topic

1 User(s) are reading this topic
0 members, 1 guests, 0 anonymous users