Saturday, February 19, 2011

Fiduciary responsibility for mandatory unemployment insurance payments

http://www.huffingtonpost.com/2011/02/19/states-ignored-years-of-w_n_825524.html

My comments from my blog, December 2, 2010

http://finance.yahoo.com/news/Holidays-about-survival-as-apf-3550208522.html?x=0


"Am I misunderstanding all of this? "We the People" are being held like hostages until ransom is agreed upon? Is this kidnapping? Is this treason? We the People cannot count on the money that is deducted from personal payroll year after year, for payment of unemployment insurance to have been properly invested so that it provides support when we live in communities where the unemployment rate is 12 - 13% ? Whose fiduciary responsibility was it? Why are we arguing about who will pay in the future when insurance is invested and protected in funds that already exist? The administration of those funds is where the real questions lie? Not on the deficit, or on the backs of, "We the People." And after being held hostage, we the people will want justice from the hostage takers? This deserves all the expressions of outrage that I see."  -  Veronica German USA