Are “temporary” federal unemployment program extensions really all that temporary?

Not so much, according to Michelle Malkin. She’s got some great information that was fed to her by a House Ways & Means staffer, in light of the “economic stimulus” package that politicians are currently arguing about.

The Senate is arguing over whether or not to extend the normal 13 week unemployment benefits to add another 26 weeks of eligibility. Sounds nice, right? Wrong. It doesn’t do anything. It doesn’t improve unemployment figures. If anything, it just keeps people on their couches longer.

Here’s what the extension of similar benefits in the past got us:

  • The extensions went on years longer than originally promised
  • It cost taxpayers billions of dollars
  • It didn’t reduce unemployment

Here are some snippets from the staffer:

Read moreAre “temporary” federal unemployment program extensions really all that temporary?

Overstock.com Still Makes No Money

Once again, Overstock.com (NASDAQ:OSTK) loses money. During the fourth quarter…. you know… the quarter that is supposed to be the best quarter of the whole year? Yep. Still couldn’t pull out any profits there. But don’t worry… it’s a smaller loss than the previous year, only $4.3 million, for a loss of 18 cents per … Read more Overstock.com Still Makes No Money

Cynthia Cooper’s book – Extraordinary Circumstances: The Journey of a Corporate Whistleblower

Cynthia Cooper, WorldCom whistleblower, is releasing her book in just few days. Extraordinary Circumstances: The Journey of a Corporate Whistleblower is her story. If it is anything like the speech I heard her give a few years ago at the Association of Certified Fraud Examiners Fraud Conference, it will be fantastic. Unlike other so-called whistleblowers … Read more Cynthia Cooper’s book – Extraordinary Circumstances: The Journey of a Corporate Whistleblower

Overstock “Executive” Playing on the Internet Again

I put the word executive in quotes because I don’t think anyone in their right mind really considers Judd Bagley an executive at Overstock.com (NASDQ: OSTK). He is the smearmeister for Patrick Byrne. They like to call him an investigative reporter, but his investigation skills lack one critical element: accuracy.

This weekend, Judd, “Director of Communications” at Overstock.com was patting himself on the back for what he thought was a good bit of investigative work. Turns out he took a few facts, threw in several falsehoods, and drew erroneous conclusions that he’s now proclaiming as truth around the world wide web.

Read moreOverstock “Executive” Playing on the Internet Again

MPS Losing a Good Teacher Over Residency Rule

Don’t read the title of this and make a mistaken assumption about my opinion on this case. I think the teacher deserves to lose his job….

Dan Bearss teaches science at Custer High School, part of the Milwaukee Public Schools. The City of Milwaukee has a simple rule: City employees must be residents of the city. The rule was implemented in the 1970s, and is still alive today.

Read moreMPS Losing a Good Teacher Over Residency Rule

KMPG associates apparently tired of the firm’s lame technology

This one comes from Dennis Howlett’s blog, and to me, it’s hilarious. I’m not sure if you have to be a an auditor or not to think it’s funny. Apparently there are some emails from KPMG associates circulating and here’s an excerpt: The best question is: 4. Do you feel like KPMG’s lack of technology … Read more KMPG associates apparently tired of the firm’s lame technology

Airlines likely to increase fares due to “congestion fees”

Last week I posted on WalletPop about a proposed “congestion fee” that airlines would have to pay at airports. Right now they pay a landing fee based upon the weight of the plane. With the congestion fee, they would instead pay a fee based upon the day of week, time of day, and congestion at … Read more Airlines likely to increase fares due to “congestion fees”