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No Use for Donk Twits
Binder on Binder & Binder | National Review OnlineThe Social Security Administration pays an awful lot of money to people who aren’t — and never claim to be — disabled.
When a person applying for disability secures a legal representative, then is successfully awarded benefits, the lawyer or advocate who helped him gets a generous cut of the money, paid directly from the SSA’s disability fund. In the first six months of 2013, the SSA has already forked over $642.6 million to these claimant representatives, who have a significant financial interest in getting people on disability.
But these lavish payments to advocates come as Social Security’s disability program suffers from an indisputable money problem. The fund is projected to run a $75 billion cash-flow deficit this year. It could well go broke by 2016, according to an assessment by the program’s own trustees, as well as the Congressional Budget Office.
That there’s big money in getting people on disability is the natural result of both warped political ideology and warped financial incentives. That much becomes apparent after a reading of Charles E. Binder’s recent book, Social Security Disability & You, which would more appropriately be entitled Social Security Disability, You & My Very Fat Wallet.
Binder & Binder is essentially the kingpin of disability law. In 2010 alone, the firm raked in $88 million by representing disability claimants, and its TV and mass-transit ads are ubiquitous.
#1 - Their ads drive me nuts!!!
#2 - It really pisses me off they get such a large cut of the awards.
#3 - Congress should do something about SS Disability Fraud and tort law. I think of Slimy Edwards using his personal fortune to run for President.
#4 - See #1!