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Friday, May 08, 2020

Wait..... WHAT???

SACRAMENTO (CBS13) — California has become the first state to borrow money from the federal government so it can continue paying out claims for unemployment benefits during the pandemic.

The Employment Development Department confirmed Monday that as of April 30, California has borrowed $348 million from the federal government.
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So let me get this straight: California has paid out I don't know how many millions of dollars in stimulus payments to illegals who are in this country in violation of federal law, and California does everything they can to thwart ICE from doing their job, but now they're borrowing money from the federal government to pay unemployment claims because they're broke? And the government gave it to them?

8 comments:

  1. How much weed do you get for $1 million? Probably need a truck?

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  2. Nice place you got there mate.

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  3. My parents owned a restaurant here in Michigan, and though I was not involved in the financial part of things, I believe that they had to make regular payments to the State of Michigan for unemployment insurance for all of their workers. Then, if they laid a full time worker off, part of the unemployment was paid by the state, and part of it was paid by the business that had laid them off. Not certain, but I do know that the business pays money into the state fund for unemployment. I guess that if the state needed the money, and spent it on illegal immigrants, they would have to borrow money to pay when someone was laid off. Not only does California have some really stupid leaders, they apparently stupid voters, as well.

    pigpen51

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  4. Ohio is running on empty.
    Thanks Gunner DeWitt and Labcoat Amy.
    https://www.cleveland19.com/2020/05/06/ohios-state-unemployment-fund-will-likely-run-out-by-end-may-odjfs-directors-say/?fbclid=IwAR0DnIARUf6TXrDTZkeCw2-YoRZiq9hMfzJS7tTMgNNwERHWzhVDSVOCaqs

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  5. borrowing money from a factory prints money of no value?

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  6. And L.A.Looks wants to be president. Haha.

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  7. Pres Trump should have made any "loans" to California subject to the state rescinding their "Sanctuary cities".

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  8. As I understand it, only creditors can force a debtor into bankruptcy.

    Now the Federal .gov is a creditor to California.

    2+2 = ?

    ReplyDelete

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