John Ransom

A group of gang members in California is helping Nancy Pelosi stimulate the economy by collecting unemployment checks for one member who is in jail for murder.

“Family members of a convicted murderer in the L.A. County jail system were arrested for allegedly cashing $30,000 worth of his unemployment checks, authorities said,” according to the LA Times.

“‘Anthony Garcia had family and friends cashing his $1,600-per-month government assistance checks while he served time,’ said Capt. Mike Parker, spokesman for the Los Angeles County Sheriff’s Department. His accomplices would then deposit a portion of the money into Garcia’s jail account. They also shared the cash with Garcia’s fellow incarcerated gang members.”

But hey, if you’re a Democrat, there’s always a bright side to an out-of-control government program, even if it involves a crime.   

“It injects demand into the economy,” Pelosi told reporters last year, as she defended extended unemployment benefits according to Fox News “arguing that when families have money to spend it keeps the economy churning. ‘It creates jobs faster than almost any other initiative you can name,’” concluded Pelosi.

See? Not just a silver lining, but a whole rainbow of benefits for unemployment fraud. 

I know: You are worried because this guy is already in BIG trouble as a result of that whole murder thing. Garcia is serving 65 years-to-life for the killing of a rival gang member, John Juarez. But, as Pelosi points out, collecting unemployment is the fastest way Garcia can help Democrats create real, good-paying jobs for their friends who are selling drugs both in and out of prison.

Maybe we can get Anthony Garcia a Medal of Freedom, just like Obama tax-advocate Warren Buffett?

John Ransom

John Ransom’s writings on politics and finance have appeared in the Los Angeles Business Journal, the Colorado Statesman, Pajamas Media and Registered Rep Magazine amongst others. Until 9/11, Ransom worked primarily in finance as an investment executive for NYSE member firm Raymond James and Associates, JW Charles and as a new business development executive at Mutual Service Corporation. He lives in San Diego. You can follow him on twitter @bamransom.

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