Monday, September 19, 2011

Gov't stupidity

More Taxes for More Failures - Tnx Obama
Solyndra, the solar panel company whose highly publicized failure and consequent investigation by federal authorities has flashed across headlines recently, isn't the only business to go belly up after benefiting from a piece of the $800 billion economic stimulus package passed in 2009.


At least four other companies have received stimulus funding only to later file for bankruptcy, and two of those were working on alternative energy.

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Government doesn't work either

Billions in Unemployment Benefits Paid in Error. Nearly $19 billion in state unemployment benefits were paid in error during the three years that ended in June, new Labor Department data show.


The amount represents more than 10% of the $180 billion in jobless benefits paid nationwide during the period. See a sortable chart of each states’ overpayments http://blogs.wsj.com/economics/2011/09/14/billions-in-unemployment-benefits-paid-in-error/tab/interactive/

The tally covers state programs, which offer benefits for up to 26 weeks, from July 2008 to June 2011. Layers of federal programs that help provide benefits for up to 99 weeks weren’t included.

Indiana over 50%, Ohio nearly 20%.

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Foreclosuer en masse

You ain't seen nothin' yet
American mortgage default warnings surged in August 2011.

Banks have stepped up their actions against homeowners who have fallen behind on their mortgage payments, setting the stage for a fresh wave of foreclosures.

The number of U.S. homes that received an initial default notice -- the first step in the foreclosure process -- jumped 33 percent in August from July according to RealtyTrac Inc.

The increase represents a nine-month high and the biggest monthly gain in four years. The spike signals banks are starting to take swifter action against homeowners.

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Gov't controls use of your home

A southern California couple has been fined $300 dollars for holding Christian Bible study sessions in their home, and could face another $500 for each additional gathering.

City officials in San Juan Capistrano, Calif. say Chuck and Stephanie Fromm are in violation of municipal code 9-3.301, which prohibits “religious, fraternal or non-profit” organizations in residential neighborhoods without a permit. Stephanie hosts a Wednesday Bible study that draws about 20 attendees, and Chuck holds a Sunday service that gets about 50.

The Fromms appealed their citations but were denied and warned future sessions would carry heftier penalties. A statement from the Pacific Justice Institute, which is defending the couple in a lawsuit against the city, said Chuck Fromm was also told regular gatherings of three or more people require a conditional use permit, which can be costly and difficult to obtain.

“How dare they tell us we can’t have whatever we want in our home,” Stephanie Fromm told the Capistrano Dispatch. “We want to be able to use our home. We’ve paid a lot and invested a lot in our home and backyard … I should be able to be hospitable in my home.”

According to the Dispatch, the Fromms live in a neighborhood with large homes and have a corral, barn, pool and huge back lawn on their property, so parking and noise aren’t a problem.

“There’s no singing or music,” Stephanie said. “It’s meditative.”

The Dispatch reported a code-enforcement officer gave the Fromms a verbal warning about the meetings in May, then returned to issue citations in June and July. According to the paper, the city’s code-enforcement department is reactive, meaning they only respond to complaints.