I want to scrreeeammmm

[briansd1]

sdrealtor, welfare fraud used to be a problem, for sure.

But since 1996 it’s no longer a big problem.

Welfare, also known as TANF (Temporary Assistance to Needy Families) is now limited to 5 years in a lifetime.

Medicaid/Medi-cal benefits trigger a lien that needs to be paid back by the estate of the recipient upon death.

There is also a lien that attaches to the current and future property of CMS (County Medical Services) recipients.
http://www.co.san-diego.ca.us/hhsa/programs/ssp/county_medical_services/index.html

In contrast, financial fraud during the bubble was probably something like $1 trillion (or who knows how high). That was enough to pay for the Health Care Reform bill and enough to pay for the Iraq/Afghanistan war.

[davelj]

[quote=briansd1]
In contrast, financial fraud during the bubble was probably something like $1 trillion (or who knows how high). [/quote]

If total global credit losses ultimately come to $2 trillion… that would mean half were the result of fraud (as opposed to stupidity/bad judgment). That seems high, although clearly there has been a shitpile of fraud.

[quote=briansd1]
That was enough to pay for the Health Care Reform bill and enough to pay for the Iraq/Afghanistan war.[/quote]

One could argue that the Iraq/Afghanistan war and a large portion of our health care system are “frauds,” for all intents and purposes. Just sayin’…

[davelj]

[quote=briansd1]
In contrast, financial fraud during the bubble was probably something like $1 trillion (or who knows how high). [/quote]

If total global credit losses ultimately come to $2 trillion… that would mean half were the result of fraud (as opposed to stupidity/bad judgment). That seems high, although clearly there has been a shitpile of fraud.

[quote=briansd1]
That was enough to pay for the Health Care Reform bill and enough to pay for the Iraq/Afghanistan war.[/quote]

One could argue that the Iraq/Afghanistan war and a large portion of our health care system are “frauds,” for all intents and purposes. Just sayin’…

[davelj]

[quote=briansd1]
In contrast, financial fraud during the bubble was probably something like $1 trillion (or who knows how high). [/quote]

If total global credit losses ultimately come to $2 trillion… that would mean half were the result of fraud (as opposed to stupidity/bad judgment). That seems high, although clearly there has been a shitpile of fraud.

[quote=briansd1]
That was enough to pay for the Health Care Reform bill and enough to pay for the Iraq/Afghanistan war.[/quote]

One could argue that the Iraq/Afghanistan war and a large portion of our health care system are “frauds,” for all intents and purposes. Just sayin’…

[davelj]

[quote=briansd1]
In contrast, financial fraud during the bubble was probably something like $1 trillion (or who knows how high). [/quote]

If total global credit losses ultimately come to $2 trillion… that would mean half were the result of fraud (as opposed to stupidity/bad judgment). That seems high, although clearly there has been a shitpile of fraud.

[quote=briansd1]
That was enough to pay for the Health Care Reform bill and enough to pay for the Iraq/Afghanistan war.[/quote]

One could argue that the Iraq/Afghanistan war and a large portion of our health care system are “frauds,” for all intents and purposes. Just sayin’…

[davelj]

[quote=briansd1]
In contrast, financial fraud during the bubble was probably something like $1 trillion (or who knows how high). [/quote]

If total global credit losses ultimately come to $2 trillion… that would mean half were the result of fraud (as opposed to stupidity/bad judgment). That seems high, although clearly there has been a shitpile of fraud.

[quote=briansd1]
That was enough to pay for the Health Care Reform bill and enough to pay for the Iraq/Afghanistan war.[/quote]

One could argue that the Iraq/Afghanistan war and a large portion of our health care system are “frauds,” for all intents and purposes. Just sayin’…

[briansd1]

Another thing, sdrealtor, fraud takes on all kinds of forms.

As a CPA, you would know that when a businessman deducts expenses (such as vacation with his wife to a corporate retreat or a car that’s not 100% used for business) that have questionable business purposes, he’s stealing from the people. The practice of deducting iffy expenses through businesses is rampant and taken for granted. People even brag about it thinking that they are smart. But that’s just plain and simple fraud.

I’m sure that governments lose hundreds of billions in revenue because of this.

[briansd1]

Another thing, sdrealtor, fraud takes on all kinds of forms.

As a CPA, you would know that when a businessman deducts expenses (such as vacation with his wife to a corporate retreat or a car that’s not 100% used for business) that have questionable business purposes, he’s stealing from the people. The practice of deducting iffy expenses through businesses is rampant and taken for granted. People even brag about it thinking that they are smart. But that’s just plain and simple fraud.

I’m sure that governments lose hundreds of billions in revenue because of this.

[briansd1]

Another thing, sdrealtor, fraud takes on all kinds of forms.

As a CPA, you would know that when a businessman deducts expenses (such as vacation with his wife to a corporate retreat or a car that’s not 100% used for business) that have questionable business purposes, he’s stealing from the people. The practice of deducting iffy expenses through businesses is rampant and taken for granted. People even brag about it thinking that they are smart. But that’s just plain and simple fraud.

I’m sure that governments lose hundreds of billions in revenue because of this.

[briansd1]

Another thing, sdrealtor, fraud takes on all kinds of forms.

As a CPA, you would know that when a businessman deducts expenses (such as vacation with his wife to a corporate retreat or a car that’s not 100% used for business) that have questionable business purposes, he’s stealing from the people. The practice of deducting iffy expenses through businesses is rampant and taken for granted. People even brag about it thinking that they are smart. But that’s just plain and simple fraud.

I’m sure that governments lose hundreds of billions in revenue because of this.

[briansd1]

Another thing, sdrealtor, fraud takes on all kinds of forms.

As a CPA, you would know that when a businessman deducts expenses (such as vacation with his wife to a corporate retreat or a car that’s not 100% used for business) that have questionable business purposes, he’s stealing from the people. The practice of deducting iffy expenses through businesses is rampant and taken for granted. People even brag about it thinking that they are smart. But that’s just plain and simple fraud.

I’m sure that governments lose hundreds of billions in revenue because of this.

[Arraya]

[quote=walterwhite]i think there’s some sense in which we identify with the scale of the welfare fraud, feel like we could have dne that where the larger fraud is out of our reach. it seems worse because it is closer to home.[/quote]

No, it comes from protestantism or calvinism. I suspect it could come from the divine right of kings originally, but that is just a guess. It’s the belief that the more money you have the more godly or pure you are or success is a sign of God’s favor. Poor people should have no dignity because they are in the position for a reason. It’s very much an american cultural value.

[Arraya]

[quote=walterwhite]i think there’s some sense in which we identify with the scale of the welfare fraud, feel like we could have dne that where the larger fraud is out of our reach. it seems worse because it is closer to home.[/quote]

No, it comes from protestantism or calvinism. I suspect it could come from the divine right of kings originally, but that is just a guess. It’s the belief that the more money you have the more godly or pure you are or success is a sign of God’s favor. Poor people should have no dignity because they are in the position for a reason. It’s very much an american cultural value.

[Arraya]

[quote=walterwhite]i think there’s some sense in which we identify with the scale of the welfare fraud, feel like we could have dne that where the larger fraud is out of our reach. it seems worse because it is closer to home.[/quote]

No, it comes from protestantism or calvinism. I suspect it could come from the divine right of kings originally, but that is just a guess. It’s the belief that the more money you have the more godly or pure you are or success is a sign of God’s favor. Poor people should have no dignity because they are in the position for a reason. It’s very much an american cultural value.

[Arraya]

[quote=walterwhite]i think there’s some sense in which we identify with the scale of the welfare fraud, feel like we could have dne that where the larger fraud is out of our reach. it seems worse because it is closer to home.[/quote]

No, it comes from protestantism or calvinism. I suspect it could come from the divine right of kings originally, but that is just a guess. It’s the belief that the more money you have the more godly or pure you are or success is a sign of God’s favor. Poor people should have no dignity because they are in the position for a reason. It’s very much an american cultural value.

[Author]

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