1000 in Chicago to get $1000: no strings attached

Monello

Awww, jeez
PREMO Member
I hope they do this. ANd while they are at it, track where that money is spent. Imagine if you are the 1,001th person on the list. How pissed are they going to be?

I remember when the Katrina evacuees got some money. They tracked some of it to the local casinos. Most likely those that are struggling financially are poor money managers. Giving them a lump sum won't cure them of that.
 

vraiblonde

Board Mommy
PREMO Member
Patron
Chicago drug dealers are like, "Cha-CHING!" Look for ODs to spike if this proposal goes through.
 

Monello

Awww, jeez
PREMO Member
Just for grins......

HURRICANES KATRINA AND RITA DISASTER RELIEF Improper and Potentially Fraudulent Individual Assistance Payments Estimated to Be Between $600 Million and $1.4 Billion

We found that FEMA did not institute adequate controls to ensure accountability over the debit cards. Specifically, FEMA initially paid $1.5 million for over 750 debit cards that the government could not determine actually went to help disaster victims. Based on our numerous inquiries, upon identification of several hundred undistributed cards JPMorgan Chase refunded FEMA $770,000 attributable to the undistributed cards. Further, we continued to find that debit cards were used for items or services such as a Caribbean vacation, professional football tickets, and adult entertainment, which do not appear to be necessary to satisfy disaster-related needs as defined by FEMA regulations.8
 
Wrong you two... just wrong. It's supposed to break their cycle of poverty. They are going to invest that 1k a month on higher education or starting a business. Didn't you read the article?
 

Monello

Awww, jeez
PREMO Member
Wrong you two... just wrong. It's supposed to break their cycle of poverty. They are going to invest that 1k a month on higher education or starting a business. Didn't you read the article?
I've seen this movie before. I already know how it ends. If even 10% of the people in the program better themselves, it will be a success.
 

Kyle

Just being a fly in the ointment...
PREMO Member
Wrong you two... just wrong. It's supposed to break their cycle of poverty. They are going to invest that 1k a month on higher education or starting a business. Didn't you read the article?
They make a buy. Cut it 2/1 and double their money.

Instant Euntrepenurs. :yay:
 
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