Tag: errors

LATEST OBAMACARE F#@K UP

Obamacare is the biggest government clusterfuck in history. It is proving beyond a shadow of a doubt that anything the government touches or tries to control turns into a big steaming pile of shit that will cost trillions of dollars. Their shit for brains website is still a disaster. Obama changes the law as he goes. Like most of Obama’s initiatives, they are making it up as they go along. This was about as well thought out as Nancy Pelosi’s plastic surgeries.

They announced earlier today that they are extending the sign up period to April 15. Deadlines are meaningless. We are now about to experience the massive losses from the fraud that has occurred in the last year. Billions in subsidies have been paid out in error or due to fraud. How much do you think will be paid back by the Free Shit Army brigades? How long before Obama issues a proclamation telling the IRS to not enforce the penalties or to try and collect the fraudulent subsidies paid out?

And amazingly, most of the ignorant masses think Obamacare is a wonderful new program and is helping millions of poo people. Luckily the iGadget addicted, math challenged masses don’t remember that Obamacare was going to cover the 30 million uninsured Americans, not add one dime to the national debt, and save the average family $2,500 per year in insurance premiums. How are those promises working out?

Wrong tax information sent to 800,000 HealthCare.gov customers

By Robert Schroeder

Published: Feb 20, 2015 12:12 p.m. ET

WASHINGTON (MarketWatch) — About 800,000 HealthCare.gov customers got tax forms from the government with incorrect information, a Treasury Department spokesperson said Friday. The errors were on 1095-A forms that HealthCare.gov sent to consumers who get coverage through the federal insurance marketplace. Treasury said those who have not filed taxes should wait to do so until they have received a corrected form. Treasury said corrected forms will go out in early March.

WHEN IN DOUBT – LIE

It’s easy to balance the budget when you make $32 billion of “mistakes” all going in the same direction to make your budget look better than it really is. And millions of  willfully ignorant drones in this country want government to have more power, more control, and more of our money. Then they try to blame libertarians for the fucked up state of this country.

How “Accounting Mistakes” Cost California Taxpayers $32 Billion This Year

Tyler Durden's picture

Submitted by Tyler Durden on 06/01/2014 20:06 -0400

Spend more than 30 minutes watching TV in California and you will be bombarded by politicians proclaiming they single-handedly balanced the budget, brought prosperity back to the Silicon Valley alone, and turned water into wine. Yet, oddly, there is one thing none of them seem too quick to admit to. As CBS reports, the state office in charge of keeping track of California taxpayers’ money made tens of billions of accounting mistakes. CBS added it up and came up with a big number: $31.65 billion in errors. That’s more than the gross domestic product of Iceland and Jamaica combined.

 

 

As CBS reports,

Controller John Chiang’s office is the state’s financial watchdog, but an audit by the Bureau of State Audits claims the office’s accounting is off by billions of dollars.

 

The audit revealed:

  • $7.7 billion – Understated federal trust fund revenues and expenditures
  • $653 million – Overstated general fund assets and revenues
  • $8 billion – Overstated California State University’s bond debt
  • $9.1 billion – Reporting error that understated a public building construction fund
  • Also there was a deferred tax-revenue figure posted as $6.2 billion when it was actually $6.2 million.

All told, that’s more than $31 billion in mistakes.

 

Sacramento State accounting professor John Corless agrees with auditors saying those glaring mistakes should have been caught by somebody.

 

“Someone’s not using their equipment right, and they’re not using their heads,” he said.
Republican consultant Mitch Zak is calling for an investigation.

 

“It’s offensive as a taxpayer,” he said. “There’s no consideration it appears if they misstate or mismanage my tax dollars that there’s any retribution.”

 

Chiang is running for state treasurer. His aides refused to go on camera for this story.

 

They said they concur with the assessment, and they blame high staff turnover and a lack of qualified staff, budget cuts, and late and incorrect data from numerous agencies.

Of course, we are sure that no one knows anything about it; no one is responsible for the errors; no one is accountable for the missing money; but a full-scale probe-y investigation will be launched… well played government. Doesn’t matter after all – it’s not their money.