Jun 4, 2016

This Corpse Isn't Worth Fighting Over

     The Binder and Binder bankruptcy drags on. At the moment the hedge fund that has already sunk a lot of money in Binder and Binder wants to take it over but is being rebuffed.
     Take a clue from someone who knows a thing or two about these things, Binder and Binder's business model never made sense in anything other than a very favorable environment and we've got an extremely harsh environment at the moment. Even in the unlikely event of the return of a favorable environment, Binder and Binder's "good will" is so far into the red that recovery is out of the question. The idea that the hedge fund that took Binder and Binder into bankruptcy is going to turn this thing around is preposterous. 

Jun 2, 2016

Time To Give Paul Ryan Heartburn

     President Obama says it's time in increase Social Security. Hillary Clinton has said the same. What will Donald Trump say? What will other Republicans running for office say?

Jun 1, 2016

This Is No Video Game

     I'm hearing there was a recent suicide attempt in Pike County, KY after a former client of Eric Conn was cut off benefits and told of a $76,000 overpayment. Everyone involved in this needs to understand this isn't a video game. There are dramatic real world consequences at stake here. If you have discretionary responsibility over any aspect of these cases, you must take what you are doing  very seriously.

May 30, 2016

May 29, 2016

May 28, 2016

This Will Certainly Encourage Greater Use Of Social Security's Online Systems

     From a report on this week's Congressional hearing on Social Security's information systems:
... During the hearing, [Acting Social Security Commissioner] Colvin announced the agency will, starting this summer, improve security with additional personal information protection: Social Security website users will need to enter a username, password and one-time texted passcode to a Social Security-registered cellphone to access their accounts. ...

May 27, 2016

Social Security At Cannes Film Festival

     You'd think that the Cannes Film Festival is about the last thing I'd be writing about but there really is a social security connection this year, if a little obliquely. The Cannes grand prize, the Palme d'Or, was awarded to "I, Daniel Blake", a drama about a disabled man in Britain trying to cope with a social security disability process that seems stacked against him. If it were set in the United States, it would be an even more infuriating tale. On this side of the Atlantic, we don't just deny dignity to the disabled; we provide a "system" that leaves a huge proportion of the disabled to fend for themselves without government assistance.