State Government Ponzi Schemes Now coming to Light; Paying in For All These Years

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The state governments are running out of unemployment advantage money. This means even though you've paid in the unemployment taxes for these benefits all those years if you lose your job and are one of the last to you lose their jobs there will not be any money for you even if you apply, and even though you've paid in this whole time. But how can that be you ask?

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How is State Government Ponzi Schemes Now coming to Light; Paying in For All These Years

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It's uncomplicated all those years you paid that money to the state government they put in their normal fund and spent it. They did not put it into investments to allow it to grow to save for the rainy day that you might eventually have, the same rainy day that they claimed they were going to help you with. This is a similar to a Ponzi scheme, just like the federal government communal security program.

If you are one of the first habitancy laid off while the recession there would be money for you but if you're one of the last habitancy laid off, as the recession drags on and unemployment rates hit 15, 16, 17, and so on percent it won't be there for you. It is spirited that we can put habitancy like Bernie Madoff in jail for his weighty Ponzi scheme, and yet our state legislature and state government has been doing essentially the same thing, with communal monies.

Of course, in California we cannot put them in jail or prison because the California State allocation is in such crisis that we are letting habitancy out of jail and prison anyway. There's just no money to keep them in there anymore. Of course, as soon as they all get out there won't be any jobs for the reader to steal something or file for unemployment benefits; the same ones we just talked about above. Please think this.

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