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Overnight Open Thread

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ReamWorks SKG6/25/2010 9:39:18 am PDT

re: #430 researchok

It is possible (and I’m being serious) that some of these people just went to a nearby Casino for a bargain buffet, etc?

When you give cash to people, it’s hard to attach strings (which is why many efforts to do this—whether welfare checks or $8,000 first-time-homebuyer tax credits—are rife with fraud.)

And speaking of the $8,000 first-time-homebuyer tax credit, there’s a 50% fraud rate on it ( npr.org ) with some egregious cases ( blogs.forbes.com ) yet I don’t hear the Governor trying to stop this welfare! In fact, California state refuses to collect income tax on forgiven mortgage debt. I suppose it’s more politically popular to go after welfare queens than middle class “victims”…