Click his edit pen. You can see what was changed
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just looked at graphs of QQQ, IJR, and IJH. Q’s down about 15% since Trump inaugurated, small and mid caps down just over 20% since Trump inaugurated. Was/am getting interested in easing some money back in, but then I looked at graphs of IJH and IJR during GFC in '08, and in covid. The current 20% down ain’t nuthin, lol. The Fed rolled to the rescue with rate cuts during GFC and covid, but with inflationary pressure that the haphazard Trump tariff-tax are exerting, gonna be really hard for Fed to cut.
Trump gonna have to declare everyone on the FED is woke, insert some sycophant, and cut to zero. That’ll fix everything, lol.
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From your fingers to God’s ear…
Steve
Maybe. But a more accurate statement is “10% hired consultants (usually a law firm) to put together sufficient paperwork to be approved as ‘disabled’ by the relevant authorities”
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How could that be more accurate when you are just making up stories. Prove to us all that 10% hired consultants.
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I have no way of knowing or proving how many of the disabled hired such firms. But I do know that Social Security themselves state that they turn down most disability applications. And I do know that a HUGE NUMBER of such firms exist, and that they advertise all over the place that they can help you get approved. And I do know that the number of such firms have proliferated over the last few decades. And I do know that the number of officially disabled people have ballooned dramatically (I think we are over 7 million disabled on social security at this point!) over the same period of time that these types of firms have proliferated. So no proof, just a lot of evidence.
And the beauty of the whole thing is that under current law, once you convince social security that you are disabled (usually by using such a firm to appeal your initial denial), they can never kick you out of the program. Once in, and you’re in forever.
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That isn’t true Mark. They also test people to make sure they still are disabled. In Nevada it is every 3 years.
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Yep.
This automatic denial of SS disability benefits, prompting the need to hire an attorney, it just another way the legal system is defrauding us all.
At least the legal fees are capped for 2025 at $9,200 or 25% of your back benefits, whichever is lower. But it’s a significant haircut that would make a financial advisor envious.
intercst
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I want to address this also. Sure their are firms. It can be complicated and people need guidance. Just like my taxes. If I hire a professional does that mean I am cheating? I have seen a few people on disability and I find it amazing that they all say they deserve it but everyone else doesn’t. Even people on disability think other people on disability are scamming the system.
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Is Nevada SSDI different than any other state??? Most people (the vast majority) who have their SSDI benefits terminated, it happens due to having an income that goes above the threshold.
I can’t say but my father in law was on disability and he was tested numerous times.
I had a half year lover (a charming guy, but not marriage material) who was a professional SS attorney arguing against granting disability status.
The tales he told….
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Here’s an incongruous sequence of statements.
First, something is more accurate.
But in the very next post about that same something: I have no way of knowing.
Indeed.
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I don’t doubt that they’re are crooks out there, but a lot of honest, disabled folks seem to be caught in the web – and suffering the “haircut” of legal fees to boot.
No doubt the situation will worsen under the current Administration.
We had a SS disability case here in SW Washington a few years back where a mother was claiming a severe mental disability for her son and collected more than a dozen years of checks.
Then at about age 19, the kid showed up in traffic court representing himself, and successfully beat a ticket. The mother got 10 years in the Federal pokey.
intercst
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So we are expecting people to work until there body is completely broken?
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I used to occasionally represent people who were denied ssdi. I almost always won because they really were disabled. I did not do it for the low fees. I did it because they were being screwed.
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Two things, to no one in particular.
I have two relatives on disability. Both were denied on first application, both hired law firms to appeal their case, both were approved on appeal.
(Whether both deserve to be is a different issue, more later.)
Both have to be recertified at regular intervals; I’m not sure what that is in Florida but I know it’s true. I also know there are several different criteria which can cause you to be kicked off - and that it doesn’t happen often. Most frequent is that income gets too high. My nephew who is on it used to drive for Uber, so he made some money. Not a lot, but it happens. Other things that can affect it are a doctor’s certification that the disability no longer exists. (Rare) And there are lots of other things: incarceration, reaching retirement age, medical improvement, and others.
Here’s the other: my SIL is morbidly obese. It’s 100% her own fault (diet) but she certainly is. She did day care for infants at the YMCA for years, low pay, and always on her feet, and now her knees and hips are shot. She also doesn’t have the money to bionic woman herself, so yeah, disabled.
The nephew is a different story; mental breakdown during covid - but with medication basically just a millennial slacker with issues. But since Mom got the check, now he does too. He could work (the Uber job demonstrated that, until the car accident: minor but unnerving) but he’s content to slide thru life. I’d bounce him but it’s not my call.
So I feel conflicted about all this. The program is abused - yet should be there for those truly in need. I’m not sure how you police it 100%, but a better job could be done, at least that’s my (limited) experience.
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Yep. For most of husband’s career here in the US, a large percentage of his patient population were Medicaid beneficiaries (I know the assigned moniker is recipients, but it’s to my ultimate benefit that fellow citizens have access to medical care). Now, granted, he has always received a pre negotiated salary until post-Covid here in Colorado, had no interest in how that was derived whilst he was on the job etc.etc. The reality was that they were there in his particular appointment book in the first place because they were the sickest of the sick. Not necessarily “through their own fault” either…but because their particular manifestation on liver disease (unrelated to boozing, overeating, IV drug abuse etc…and even when it was, come to that) had rendered them so sick that they’d eventually lost their jobs that had provided them with the medical insurance and everything else that allowed them not to be “on medicaid” …until they were.
Some of the stories made both of us shudder at the prospect of being so close far more frequently than we ever thought.
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My SIL got a teaching credential, worked for a couple of months then injured her back lifting a kid. That was the end of her work life. On disability for years, then she accepted a ‘buyout’ that closed her case. Never worked again. Was she really seriously disabled and unable to do any useful work? Not from what I could see. But how much of this kind of abuse of the system is there? I have no idea.
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Kudos. There’s a special place for you in heaven.
About 20 years ago I was an heir to a late cousin’s estate who died without a will. He owned a small home, drove a 20 year old sports car and had about $500,000 in CDs at a local bank and no debts other than the hospital bill for a week long stay in the ICU at the end.
It should have been an easy estate to settle, but the court-appointed executor screwed around for a couple of years and charged tens of thousands of dollars in expenses and fees to the Estate.
On one of my trips to Connecticut, I went down to the courthouse and asked to review the file on the Probate Case. They asked, 'Who the F are you?" I replied, “I’m one of the heirs to the Estate and I think you guys are screwing me.”
I spent about a half hour looking at the file and found that the Executor had failed to pay a $5,000 probate court fee that was due early on in the process and now the 2 years of late fees had tripled the amount the amount due the Court. And it’s not like he had to sell assets to pay the fee. There was $500,000 in the bank account he could easily access. It was gross incompetence compounded by the tens of thousands of dollars in fees the Executor was taking from the estate. I asked the court clerk, “Are you guys doing anything to police the people you’re naming as court-appointed Executors?”. Silence.
So I hired an attorney to appeal the Executor’s fees. I was about a 10% heir to the estate and the Executor offered to refund of 10% of the total fees he’d charged to the estate as a settlement to me personally. I asked my lawyer, “Can’t we take it to trial, and get the whole fee examined and reduced?”
My attorney said, “We could. But the cost of doing that would likely exceed the amount recovered.” I said, “I don’t care if costs me $50,000 in legal fees, I don’t want to let this guy get away with it”
My attorney says “This is a very unusual case. You rarely find someone willing to spend money out of principle.”
Anyways, it took about 3 years for my probate appeal to reach trial. The respondent’s lawyer doubted my resolve and blew off 3 pretrial conferences where I had traveled 3,000 miles from WA State to Connecticut to attend. The Superior Court Judge eventually declared a mistrial and revoked the entire amount of the probate fee. The only problem was that the case would be sent back to Probate Judge who appointed the miscreant Executor to begin with to determine the appropriate fee.
I didn’t think I could trust the probate judge, so I agreed to a settlement of my legal costs, and that all but $10,000 of the Executor’s fees be returned to the Estate. I’m pretty sure my settlement was paid by the malpractice insurance carrier of the attorney who blew off the 3 pretrial conferences.
intercst
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