#guaranteed loans for unemployment benefits

[florafinanceuk]

What is Guaranteed Loans in London UK

Guaranteed loans for unemployed in London are loans that are backed by a guarantee from a third-party, such as the government or a financial institution. This guarantee ensures that the lender will be repaid in full even if the borrower defaults on the loan.

In London, guaranteed loans are typically available to small businesses or individuals who may not have the credit history or collateral required to qualify for traditional loans. These loans may be used for a variety of purposes, such as starting a new business, expanding an existing business, or making a large purchase.

Guaranteed loans in London may be offered by both private and public institutions, including banks, credit unions, and government agencies. The terms and conditions of these loans will vary depending on the lender, the borrower's credit history and financial situation, and the purpose of the loan.

[loansprofitgb]

Can someone with poor credit obtain small Short Term Loans UK?

One encounters several situations in life. You have undoubtedly gone through important and difficult times in your life, such as periods of unemployment, inflation, and reduced pay due to pandemics. In this case, overcoming an unforeseen financial necessity takes precedence. Furthermore, having poor credit makes it impossible to get short term loans UK. Here, lenders weigh the risks before making a loan. How should one proceed? You look into ways to get the money, including calling friends or relatives. Occasionally, it's all in vain. "Is there any source that can offer me guaranteed funds at this crucial moment?" is a common thought in situations like this.

Short term loans UK fill in this situation. People with poor credit who are in immediate need of money might apply for small, short term loans UK. These can be borrowed without concern for prior credit history or credit scores. We immediately approve loans with the least amount of income verification and current payment arrangements. If you don't have a credit score or a reliable source of income from unemployment, you can also apply for a short term loans direct lenders with perks. Among these benefits is the help that the government offers jobless people. Taking out a small loan and paying it back on schedule—or even ahead of schedule—will raise your credit score. It makes one more eligible for future large-scale, long-term loans. With no obligations, get the short-term loans for bad credit.

In order to be eligible for short term cash loans on negative credit, borrowers no longer need collateral, guarantors, or co-signers. When it comes to short term loans on bad credit, we don't charge late repayment fees. With us, you don't have to be concerned about taking out a modest loan even if your credit isn't great. The short term loans UK calculator allows you to verify and compute all the details, including the precise loan charge and other affordability factors.

Which type of loan should you take out from a direct lender—payday or short-term? Payday loans and short-term loans are similar in how they can be utilized, so you must be puzzled about their application. They are not exactly the same.

Short Term Loans UK These are installment loans that let you spread out payments over a certain period of time based on your affordability. Short term loans UK direct lender assist in paying for anticipated and urgent costs. For instance, you can pay for anticipated educational and post-secondary study costs. Maximum loan amount: £5,000. These modest personal loans are offered at market-competitive, reasonable interest rates. The borrower has more freedom to divide payments into manageable chunks with these modest loans.

Payday Loans There is a 30-day grace period for these loans. The entire amount must be paid in one installment. These loans are for unexpected costs. Applying for short term payday loans with negative credit should only be done in an emergency. The maximum loan amount is £1500. Compared to small personal loans, these quick cash loans have higher interest rates. Payday loan arrears negatively impact credit score when loans are not repaid by the due date.

https://loansprofit.co.uk/

[indianoutfits]

What is Home Loan Insurance

Taking a home loan is a long-term commitment. Home loans can extend up to 25 to 30 years or more. We all know life doesn’t come with any guarantee cards. Just imagine a situation the one who pays the EMI on a monthly or quarterly basis expires under unforeseen circumstances. Hence, the burden of paying the loan falls on the dependent family members. In case the loan is not repaid and the installments are not paid regularly, a situation may occur that the house or the collateral's will be seized.

In any of these cases, an asset that is precious to the family or that can be used during times of need can be seized due to non-repayment of the outstanding loan amount. Hence, it is in situations like these that you need to prepare beforehand to protect your family and loved ones. This is the reason home loan insurance becomes important and crucial and, one might argue, imperative!

How do you avail Home Loan Insurance? Home loan insurance can usually be availed while procuring the home loan. It is available with the financial institution from which you are availing the loan and is often bundled with the home loan. While it is advisable to avail home loan insurance, it must be noted that sometimes it is sold as a mandatory part of the home loan, which should not be done. There are no Insurance regulations which mandate loans along with insurance. Hence, you must do your due diligence and pick insurance scheme that suits your needs rather than the one being offered to you.

How does this Insurance Work? Home loan insurance is similar to a term insurance. You are covered under this insurance till the period of your loan repayment. Once the outstanding loan amount has been paid, the insurance term expires. However, if the individual who is paying the loan expires within the loan term period then the loan insurance can be claimed by the family to repay the outstanding home loan amount. This ensures that the house or the other assets as collaterals are not seized by the bank.

Payment of Premium Most home loan protection schemes come with a one-time premium payment option. Buyers also have the option to club the premium amount with the total loan amount. For example - if the premium amount on Rs 50 Lakhs loan is Rs 2 Lakhs, then the buyer has the option of taking a loan of Rs 52 Lakhs. During repayment of the outstanding loan amount through EMIs, they can also club the premium in the EMI.

Important for lenders too

Financial institutions do not want any of their loans to turn into bad debts. In all situations, their objective is to protect their loans in order to avoid the same turning into a bad debt. Therefore, these financial institutions want borrowers to take home loan insurance protection. In the event of the borrower’s demise who has not taken the home loan protection, the financial institutions have to go through the hassles of seizing the asset and liquidating the same in order to recover the outstanding loan amount. Therefore, if the borrower is covered through this insurance then it is good for the financial institutions too!

Riders and add-on benefits Several home loan insurance providers also offer home loans insurance schemes with optional rider plans to enhance their cover benefits. Riders like, terminal or critical illness, accidental death, unemployment and disability can be clubbed with home loan protection plans.

Home loan insurance is not compulsory while availing home loan. However, as a means of securing your finances and assets, an insurance of this nature becomes important. As a buyer of insurance, you must remember to do your own research before availing this option. Financial institutions may try to sell you insurance for their profits but you must buy the one that suits your needs. Also, you do not have to buy the insurance immediately while availing a loan. You can buy the insurance later through some other financial institution or bank or portals that sell insurance. Home loan insurance therefore provides you with the much needed peace of mind as it protects your family from any unforeseen circumstances.

[narwatharsh01]

Policy Street and CARSOME Revolutionize Car Insurance with CARSOME Care+

Through this partnership, drivers are not only safeguarding their vehicles but also gaining enhanced financial security and peace of mind in uncertain times.

STORYLINE

Innovative Collaboration: Policy Street and CARSOME introduce CARSOME Care+, redefining car insurance with unique unemployment protection.

Addressing the Gap: Malaysia's underinsured population of 90% targeted with personal accident coverage up to RM10,000.

Comprehensive Benefits: CARSOME Care+ offers holistic advantages ranging from weekly hospitalization benefits to theft protection and more.

Empowerment and Assurance: Partnership empowers drivers with unprecedented coverage, emphasizing quality guarantee and a seamless car buying experience.

As per Ken Research, as Policy Street and CARSOME join hands to introduce CARSOME Care+, the landscape of car insurance in Malaysia is poised for transformation

In a groundbreaking collaboration, Policy Street, an innovative insurance solutions provider, and CARSOME, Southeast Asia's largest integrated car e-commerce platform, have come together to launch a transformative product – CARSOME Care+. This unique offering redefines car insurance by introducing a Car Personal Accident Coverage tailored for Malaysians.

1. Unprecedented Protection

To Know more about Malaysia Used Car Market

CARSOME Care+ is taking car insurance to a new-heights by including protection against unemployment. This innovative feature ensures that policyholders continue to make their car loan payments even if they have lost their job. This component of financial security is aimed at vanishing the concerns of car owners during times of unexpected job loss, providing them with a safety net that takes care of their financial burdens.

2. Closing the Protection Gap

To learn more about this report Download a Free Sample Report

In Malaysia, approximately 30 Mn people, constituting around 90% of the population, are either underinsured or completely uninsured. This partnership between Policy Street and CARSOME is targeted at addressing this significant gap in insurance coverage.

 CARSOME Care+ offers personal accident coverage of up to RM10,000, ensuring that policyholders and their families are financially protected in case of any emergency such as accidental death or even permanent disablement.

3. Holistic Benefits

Visit this Link: – Request for custom report

CARSOME Care+ goes beyond the traditional systems of car insurance policies. In addition to its innovative unemployment protection, the policy also provides a range of holistic benefits which includes weekly hospitalization benefits, protection for smart keys, coverage for personal belongings theft from the car, and a travel allowance designed to assist with children's school and tuition transportation expenses. This comprehensive approach to insurance underlines CARSOME's commitment to offering a hassle-free & seamless car buying experience.

4. Empowering Drivers

Request free 30 minutes analyst call

Policy Street and CARSOME's partnership aims to empower Malaysian drivers with robust insurance coverage that aligns with their needs. Yen Ming Lee, CEO of Policy Street, highlights the importance of protecting drivers on the road, not just their vehicles. Eric Cheng, CEO of CARSOME, highlights the fact that the collaboration combines quality guarantee and unique coverage to create a seamless and worry-free car purchasing journey.

Conclusion

As Policy Street and CARSOME join hands to introduce CARSOME Care+, the landscape of car insurance in Malaysia is poised for transformation. Through this partnership, drivers are not only safeguarding their vehicles but also gaining enhanced financial security and peace of mind in uncertain times.

[londonittraining5]

Unlocking Opportunity: Job Guarantee Courses in the UK

In today's rapidly changing job market, the demand for highly skilled and well-trained professionals has never been greater. The United Kingdom, like many other nations, recognizes the need to address this demand and ensure that its workforce remains competitive and adaptable. One of the key solutions to this challenge is the introduction of job guarantee courses in uk.

Job guarantee courses, also known as employment guarantee programs, are educational initiatives designed to provide individuals with the skills and knowledge necessary to secure gainful employment in specific industries or sectors. These courses offer a unique promise: upon successful completion, participants are guaranteed job placement, helping bridge the gap between education and employment.

The United Kingdom, with its rich history of educational excellence, has embraced the concept of job guarantee courses as a means to empower its citizens and strengthen its workforce. These courses have the potential to make a significant impact by reducing unemployment, upskilling the workforce, and fostering economic growth.

The Need for Job Guarantee Courses

The UK job market has undergone significant transformations in recent years. The rise of automation, digitalization, and artificial intelligence has led to changes in the skill sets required for many jobs. While this dynamic shift opens up new opportunities, it can also leave some workers at risk of unemployment if they lack the necessary skills. Furthermore, the economic uncertainty brought on by events like the COVID-19 pandemic has highlighted the importance of preparing individuals for a rapidly evolving job market.

To address these challenges, job guarantee courses have emerged as a vital part of the solution. These programs offer several benefits, including:

Skill Development: Job guarantee courses equip participants with the specific skills and knowledge required in high-demand industries, ensuring they are job-ready upon completion.

Employment Security: The promise of job placement upon graduation provides a safety net for individuals and reduces unemployment rates.

Economic Growth: As more individuals are trained for in-demand jobs, the economy benefits from increased productivity and a more skilled workforce.

Types of Job Guarantee Courses in the UK

Job guarantee courses in the UK are as diverse as the industries they serve. Some popular examples include:

Tech and IT Bootcamps: In a world increasingly reliant on technology, intensive coding bootcamps and IT courses guarantee employment in roles such as software development, cybersecurity, and data analysis.

Healthcare Training: Programs like nursing and medical assistant courses ensure a steady supply of trained healthcare professionals, particularly important in the face of healthcare crises like the COVID-19 pandemic.

Construction and Trades Training: With a growing need for skilled tradespeople, courses in construction, plumbing, and electrical work guarantee employment in these vital industries.

Business and Finance Courses: These courses provide training in accounting, finance, and project management, preparing individuals for roles in the corporate world.

Government and Private Sector Collaborations

Job guarantee courses in the UK are typically developed in collaboration between the government, educational institutions, and private-sector partners. These partnerships help tailor programs to the specific needs of industries, ensuring that participants are equipped with the most relevant skills.

The government often provides financial support for these initiatives, which can come in the form of grants, subsidies, or low-interest loans. Private companies, on the other hand, may contribute to the design of the curriculum and provide job placement opportunities upon graduation.

For more info:-

it training courses with job guarantee uk

It Training Courses with Job Guarantee

[florafinanceuk]

Explained Unsecured Personal Loans - How is it Possible Without Guarantor?

Unsecured loans are small loans that you can take out without the need for collateral. Contrary to secured loans, you do not have to fear losing your valuable assets in case you make a default. The term of these loans is small, so you can borrow money for up to a period of five years. With some lenders, it is not more than three years.

Though small emergency loans are also unsecured, they are aimed at helping you tide over, so lenders are a bit liberal with loaning you. Even bad credit borrowers can also apply for emergency loans, but personal loans are mainly targeted for significant expenses, and lenders would want you to have a good credit report.

Any assets do not secure these loans, so lenders would be reluctant to loan those with high default risk. Chances are you have got a bad credit rating, and you need a personal loan. Is that possible? Yes, it is, but a lender may ask you to arrange a guarantor with a good credit rating to minimise their risk. Well, there is a way to qualify for these loans without a guarantor.

Offset the bad credit impact with high income

Your credit file is not the be-all and end-all. Do not be under the impression that you will certainly qualify for a personal loan if you have got an impressive credit score. It only reflects your past payment behaviour of yours. Ultimately your current financial condition will decide whether you can repay the debt or not.

When you do not have a decent credit score, you can offset its impact by improving your income. If you have a strong repaying capacity, a lender is more likely to believe that you will repay the debt on time.

Choose the right type of unsecured loan

When it comes to choosing unsecured personal loans with no guarantor, you should ensure that you choose the right type of credit. A term loan is just a type of unsecured loan that allows you to repay the debt over time. You will pay down equal instalments every month.

You can use these loans for any of your expenses like weddings, vacations, medical treatment, and so forth. Credit cards and personal lines of credit are also forms of unsecured loans. The former allows you to use the card at any time and pay off the balance within the interest-free period.

It depends on the type of credit card you use and whether you will pay down the balance in instalments or a lump sum. Some credit cards allow you to clear your balance in instalments without any interest, but this privilege is exclusively available for good credit borrowers.

Personal lines of credit are a bit different as they allow you to borrow the money you pay off. This is, in other words, known as a revolving credit card. It is crucial to understand how different types of unsecured loans so you do not end up choosing a bad deal.

Bad credit loans may work for you

You will likely fail to qualify for a credit card, personal line of credit, or any other form of debt when your credit score is not stellar. Well, it does not mean you cannot secure any lending. Guaranteed loans for unemployed with no guarantor and no fees from a direct lender can come in handy.

These loans are also unsecured loans aimed at helping borrowers with bad credit ratings. You do not need to arrange a guarantor, nor do you need collateral to qualify for these loans. Note that they are subject to slightly higher interest rates.

Borrow money only when you need it, and you are entirely sure that you will pay back the debt.

The bottom line

Unsecured personal loans can help meet your planned or unforeseen needs, but you may need a good credit rating if you are seeking a large sum of money.

However, there are some types of unsecured loans that you can consider when your credit rating is not stellar, and bad credit loans are one of them. Further, you should try to increase your income so that you can offset the adverse effect of poor credit rating.

Description:  There are some types of unsecured loans that you can apply for without arranging a guarantor. You should also try to increase your income to improve your approval chances.

[financeloan09]

Home loan insurance policy

A home loan requires a lengthy commitment. Loan terms for homes can be as long as 25 to 30 years. We are all aware that there are no guarantee cards in life. Imagine a scenario where the person who makes the monthly or quarterly EMI payments passes away due to unforeseen circumstances. Therefore, the dependent family members are responsible for repaying the loan. The house or the collateral could be taken in the event that the loan is not returned and the installments are not made on time.

In any of these scenarios, a valuable family asset or one that can be used in times of need may be taken since the loan balance is not being repaid. Because of this, you must plan ahead in instances like these to protect your family and loved ones. Home loan insurance is now necessary, significant, and even, one could say, imperative because of this!

Typically, house loan insurance can be obtained at the time of loan application. It is offered by the lending company from which you are applying for the loan and is frequently included in house loans. Although purchasing home loan insurance is recommended, it is important to be aware that this practice should not always be followed. There are no insurance requirements that require loans and insurance together. So, instead of accepting the insurance plan that is being provided to you, conduct your research and choose one that best matches your needs.

The insurance for home loans is comparable to term insurance. You are protected by this insurance up until the time when you must repay the debt. The insurance period ends when the remaining loan balance is repaid. However, the family can use the loan insurance to pay off the outstanding balance of the home loan if the person making the loan payments passes away during the loan term. This prevents the bank from seizing the house or the other assets used as collateral.

The majority of home loan protection programs allow for a single premium payment. The option for buyers to combine the premium payment with the overall loan amount is also available. The buyer can choose to take out a loan for Rs 52 Lakhs, for instance, if the premium on a loan for Rs 50 Lakhs is Rs 2 Lakhs. They may include the premium in the EMI while paying off the outstanding loan balance through EMIs.

The goal of financial institutions is to avoid having any of their loans default. Their goal is to safeguard their loans in every circumstance to prevent the same from becoming a bad debt. As a result, these financial institutions encourage borrowers to get mortgage insurance. Financial institutions have to go through the inconveniences of seizing the asset and liquidating it in order to reclaim the outstanding loan amount in the event of the borrower's death who has not purchased home loan protection. As a result, if the borrower is protected by this insurance, the financial institutions also benefit.

To improve their cover benefits, a few of house loan insurance companies also provide home loan insurance policies with optional rider plans. Home loan protection insurance can be combined with riders for critical or terminal illnesses, accidental deaths, unemployment, and disabilities.

While applying for a house loan, a home loan insurance policy is not required. However, a policy of this kind becomes crucial as a way to protect your finances and valuables. Remember to conduct your own research before choosing this choice as an insurance buyer. For their own financial gain, financial organizations may try to sell you insurance, but you must purchase the plan that best meets your needs. You are not required to purchase the insurance right away if you are applying for a loan. Later, you can purchase the insurance through another bank, financial institution, or portal that sells insurance. Therefore, home loan insurance gives you much-needed peace of mind while safeguarding your family from any unexpected events.

[24-houroffer]

Why Do You Need To Hire A Real Estate Agent?

The ever-changing real estate market necessitates that purchasers remain vigilant if they wish to locate the greatest offers. There are numerous reasons individuals engage a real estate agent. Still, they all boil down to one: having someone with sufficient industry knowledge to help you through a potentially complex process. This article examines ten compelling reasons to hire a real estate agent.

Benefits of Hiring a Real Estate Agent

Knowledge and Experience

You lack experience, knowledge, and know-how. Since they've seen it all, they can recommend safe school neighborhoods. When hiring an agent, consider their experience.

Ask a real estate agent in Jacksonville Florida for client references, and if feasible, talk to them! Please research before spending money and trust them to negotiate to price later. Experienced agents may guarantee property value.

Save Time and Energy

Property buying and selling may be laborious and dangerous. Advertising, showing the home, scheduling appointments, and negotiating the price will take time and energy. Hiring a realtor saves time and effort. The realtor can show potential purchasers your house and negotiate a fair price. They select popular posts with the best interests. A real estate agent will eliminate pointless calls. Qualified real estate brokers can screen calls and reject ones that aren't relevant.

Have Extensive Knowledge of the Real Estate Market

Interest rates, unemployment, and climate change affect real estate markets. To believe you have all the industry market data is to deceive yourself. Jacksonville Home Buyers know everything about the market in your desired location.

Current market conditions enable buyers and sellers to choose the best options. But not everyone has market information. Many real estate brokers profess to know everything about the market. Thus, a good realtor with industry experience is better than an unknown one. He will only focus on promising prospects who seem genuinely interested in selling or buying a property.

Have Information on the Market

Real estate experts investigate and analyze property pricing. They can recommend a house price. Real estate agents have extensive data on local, national, and international markets. He can assist you in pricing your house by revealing regional pricing patterns. The real estate agent can help you select a fair asking price based on market conditions, expenses, and repairs. He can also provide valuable information about recent listings and sales of similar homes to help set a selling price.

Help In Negotiate

Jacksonville Home buyers and Sellers must negotiate a fair agreement. The agent will assist you in finding the ideal answer for each of your needs as an impartial mediator. The agent can guide negotiations to avoid wasting time or being taken advantage of. Agents know what payment methods and loans are available, so you may choose the easiest solution for your needs, even if it's not with them as their customer, so they'll work hard to make sure you know all your alternatives before making any judgments.

[mostlysignssomeportents]

Where money comes from

Accounting prof and GND cofounder Richard Murphy wrote an astounding thread over the weekend explaining where money comes from and what purpose taxation serves.

https://twitter.com/RichardJMurphy/status/1337737606688333826

He's since published an edited version under the title "Macroeconomics, money and post-Brexit recovery, all in one Twitter thread," saying it "took four hours and 40 years of thinking to write."

https://www.taxresearch.org.uk/Blog/2020/12/12/macroeconomics-money-and-post-brexit-recovery-all-in-one-twitter-thread/

It's a masterclass in the real world of money creation and taxation, beyond simplistic - and ahistorical - stories about money emerging from barter, followed by confiscation of our money by governments.

The reality is obviously that money comes from government spending. That's how money gets into the economy, because only governments are allowed to create money, so all money starts with government spending.

But what is money? Modern money - money over the past 50 years - is "just a promise to pay." When you borrow £1000 from the bank, you promise to pay it back. The bank opens a loan account and credits your savings account £1000 - a promise to give you that money on demand.

"Two promises. Two accounts. And as a result we get new money. That is how all money is created. It is as simple as that. There is no one else’s money involved in this process. The bank does not lend out the money saved with them."

"There are no notes and coin moved from one pile to another pile to back this all up either. There are just two promises. And then there is new money."

Money is a promise. It's easier for some people than others to get money is that their promises are more credible.

If the government wants to borrow money, it can do so very cheaply because its promise to repay that money is very credible. They have their own bank, and they issue their own money. The government can always repay its debts.*

(*Note we're talking about "monetarily sovereign" governments: governments that borrow in a free-floating currency that they themselves issue - not Venezuela, Zimbabwe, pre-crisis Argentina, or eurozone countries)

When the bank loans you money, you make a promise to repay it. When you put money in the bank, it makes a promise to repay you. Governments - whose promises to repay are credible - back banks' promises through deposit insurance (a promise to create more money if needed).

Murphy asks, why do we even need a government in this picture? Why can't we all just make promises to each other and issue IOUs? Because we need a backstop: an entity that creates currency and can always repay any debt.

It's not just the government's ability to issue currency makes its promises better than everyone else's - it's also the ability to tax. Spending creates money, and taxing destroys it.

Tax is not collected *before* the government spends. The government spends money into existence. It doesn't need to tax us before it can spend money. But taxing limits how much money circulates.

If the government creates money without destroying it, eventually there will be too much money in circulation and prices will go up - inflation. Governments aren't households and they don't need balanced books.

A balanced budget (in which the government taxes as much as it spends) leaves no money to circulate. If there's too much money in circulation - if there's an inflation problem - we might want that, but if governments net-remove money every year, the economy collapses.

But how do you know how much money should be taken out or put into the economy? Right now, we control inflation by targeting a certain unemployment rate, AKA the NAIRU (non-accelerating inflation rate of unemployment).

The theory of the NAIRU is that if a certain percentage of your neighbors are unemployed, there's just enough money in circulation. If there was more, someone would offer them a job (and inflation would kick in). If there was less, there's be more people looking for work.

The NAIRU is supposed to be the sweet spot, but for people whose unemployment is deliberately cultivated in order to prevent inflation, it's not sweet at all. These people must be miserable, scared and precarious or we all suffer from inflation.

It's not just unemployed people: all precarious, low-paid work, all withholding of benefits like childcare and healthcare and retirement and eldercare are there in the name of fighting inflation.

Murphy: "There has to be a better way to manage the value of money than this."

There is. A job guarantee: a job at a socially inclusive wage with good benefits - not paid for with taxes, but with new money creation (as with all government spending).

The new money would then be taken out of circulation by taxing the people earning these good wages at the same rate as their non-jobs-guarantee peers. If this created inflation, we could raise taxes to reduce the money supply (not to pay for the program!).

Finally, Murphy asks why governments bother to borrow at all? Why not just use spending and taxation to manage the economy. The answer is that government debt - bonds - aren't borrowing at all.

They're a way for the government to offer a safe interest-bearing savings account for sums that exceed deposit insurance at your local bank. In the USA, the FDIC guarantees up to $250,000 per depositor. If you've got more than that in the bank when it fails, you're screwed.

So if you're a pension fund or a corporation, you can buy treasury bonds and be guaranteed a small rate of return on them - but, more importantly, you can get the government's promise to pay you back, a promise backed by the ability to create money at will.

It's an important point: not only would "eliminating government debt" take all the money out of circulation, it would also eliminate T-bills, the bedrock of all institutional savings.

Murphy closes by explaining what this all means:

Money comes from governments

Banks wouldn't exist without the government's promises to pay

Taxes don't fund government spending

Taxation happens *after* spending, not before

Governments spend their own money, not taxpayers' money

Taxes control inflation, they don't fund programs

Governments borrow because they choose to (in order to create a safe savings account), but they don't need to

Governments need not ever have debt crises; monetarily sovereign governments can always pay debts in the currencies they issue

Governments set interest rates

Interest rates don't control inflation - taxes do

Full employment at fair wages pays for itself

There is no need for austerity

And finally: "By really understanding something as simple as how money is created - and by being aware that it is never in short supply as a result - we can rebuild from the mess that we are in. We can have the sustainable world we want."

Image: Eluveitie https://commons.wikimedia.org/wiki/File:Bank_of_England,_London.JPG

CC BY-SA 3.0: https://creativecommons.org/licenses/by-sa/3.0/deed.en

[dreaminginthedeepsouth]

LETTERS FROM AN AMERICAN

October 6, 2021

Heather Cox Richardson

Today, Senate Minority Leader Mitch McConnell (R-KY) backed down from his obstructionism, agreeing to let the Democrats raise the debt ceiling by a simple majority rather than by the 60 votes they needed when the Republicans kept filibustering their bills.

A quick recap: the issue at stake was whether the United States would default on its debts, which it has never done before. The threat to default was purely a political ploy on the part of the Republicans to try to force the Democrats to abandon their very popular infrastructure measure.

Here’s the backstory: Congress actually originally intended the debt ceiling to enable the government to be flexible in its borrowing. In the era of World War I, when it needed to raise a lot of money fast, Congress stopped passing specific revenue measures and instead set a cap on how much money the government could borrow through all of the different instruments it used.

Now, though, the debt ceiling has become a political cudgel because if it is not raised when Congress spends more than it has the ability to repay, the country will default on its debts. The cap has been raised repeatedly since it was first imposed; indeed, the Republicans raised it three times under former president Donald Trump. Once again, it is too low, and by October 18, the Treasury will be unable to pay our debts.

To meet the nation’s obligations, Congress needs either to raise taxes, which Republicans passionately oppose, or to raise the debt ceiling so the Treasury can borrow more money. Senate Minority Leader Mitch McConnell, who has voted to raise or suspend the debt ceiling 32 times in his career, including the three times under Trump, refused to allow Republicans to vote to raise the debt ceiling.

Although the ceiling needed to be lifted because Trump added $7.8 trillion to the debt (which now stands at about $28 trillion), in part with the huge 2017 tax cuts that went overwhelmingly to the wealthy, McConnell tried to tie the need for more money to the Democrats’ infrastructure plan. This was false: the debt ceiling is not an appropriation; it simply permits the government to borrow money it needs to pay debts already incurred.

But McConnell and the Republicans want to dismantle an active government, not to build it. They hope to convince Americans that Democrats are racking up huge debts—even though it is the Republicans on the hook for today’s crisis—and that they should not be permitted to pass a bill that supports children and working parents and addresses climate change.

The Democrats insisted that the Republicans should join them in raising the ceiling, since they had been instrumental in making it necessary, but McConnell and his caucus refused. Finally, with Treasury Secretary Janet Yellen warning that defaulting would crash the economy and with financial services firm Moody’s Analytics warning that a default would cost up to 6 million jobs, create an unemployment rate of nearly 9%, and wipe out $15 trillion in household wealth, the Democrats tried to pass a measure themselves.

Republicans wouldn’t let them. They filibustered it, trying to force the Democrats to save the country by raising the debt ceiling through a bill that can’t be filibustered, a process called reconciliation, which would make it harder for them to use reconciliation for their own infrastructure bill since Congress can pass only one of that type of reconciliation bill per year.

It was a remarkably cynical ploy, risking the financial health of the country and our standing in the world to make sure that a Republican minority could continue to hamstring what the Democratic majority considers a priority. Republicans have played chicken with government shutdowns since the 1980s, refusing to pass measures to fund the daily operations of the government and thereby stopping paychecks and government operations.

But defaulting on our obligations was a whole new game of brinksmanship. The greatest international asset the U.S. has right now is its financial system. To bring that to its knees to score political points would be interpreted, correctly, as a sign our country is so unstable it must be sidelined.

Midday today, Defense Secretary Lloyd Austin highlighted this international doubt when he took the unusual step of weighing in on politics. He warned that a default would “undermine the economic strength on which our national security rests.” Paychecks for 1.4 million active duty military personnel and veterans’ benefits for 2.4 million veterans, as well as payments on military contracts, would stop. Equally dangerous, defaulting on loans would devastate the nation’s international reputation "as a reliable and trustworthy economic and national security partner."

Democrats said they could not guarantee the country would not default, and they were clearly starting to consider getting rid of the filibuster, at least for this particular issue, to enable them to pass a debt ceiling bill by a simple majority rather than by 60 votes.

Then McConnell blinked (although he didn’t cave). In a scorching statement that laid all the blame for the crisis on the Democrats, he offered to “allow” Democrats to use normal procedures—that is, the Republicans won’t filibuster them!—to extend the ceiling into December. Democrats indicate they will take that deal.

There is one major takeaway from this manufactured crisis: McConnell was willing to come right to the verge of burning the nation down to get his way. In the end, he stopped just before the sparks became an inferno, but it was much too close for comfort.

Still, he stopped. Trump and his supporters did not. The former president has been pushing Republicans to use the threat of default to get what they want, and he was not happy that McConnell had backed down. He issued a statement blaming McConnell for “folding” and added “He’s got all of the cards with the debt ceiling, it’s time to play the hand.”

Trump’s willingness to burn down the country is ramping up as the January 6 investigation gets closer to him. Tomorrow is the deadline for four of his aides to respond to subpoenas for documents and testimony from the House Select Committee to Investigate the January 6th Attack on the U.S. Capitol: former White House chief of staff Mark Meadows, deputy chief of staff Dan Scavino, adviser Steve Bannon, and Defense Department aide Kash Patel. Meadows worked to overturn the 2020 election results and was in the thick of things on January 6, Scavino had met with Trump to plot to get congresspeople not to count the certified votes on January 6, Bannon strategized with other officials on January 5 to stop the count, and Patel was part of discussions about the strength of the Capitol Police.

The four are expected to defy the subpoenas at Trump’s insistence, a defiance that suggests they think he and his people are going to regain power. According to Glenn Kirschner, a former U.S. Army prosecutor, contempt of Congress earns a year of prison time; obstruction of Congress, five years; and obstruction of justice, 20 years.

The rest of the former president’s statements today were unhinged attacks on the committee.

A final note for October 6: U.S. District Judge Robert L. Pitman has temporarily blocked enforcement of Texas’s S.B. 8, the so-called “heartbeat” bill prohibiting abortions after six weeks, when most women don’t know they’re pregnant. The Justice Department had sued to stop enforcement of the law. Pitman stopped it on the grounds that it deprived “citizens of a significant and well-established constitutional right.”

—

Notes:

https://www.usnews.com/news/national-news/articles/2021-10-06/pentagon-warns-of-national-security-fallout-from-debt-ceiling-crisis

https://www.theguardian.com/us-news/2021/oct/06/trump-aides-capitol-attack-house-select-committee

Glenn Kirschner @glennkirschner2Contempt of Congress - 1 year. If prosecutors bring obstruction of Congress charges - 5 years. Or obstruction of justice charges - 20 years. https://t.co/1UXtetgiMa@glennkirschner2 Glenn, how much jail time can they get for not answering supoenas?

Deeheart4 @Deeheart99

2,055 Retweets5,855 Likes

October 6th 2021

https://talkingpointsmemo.com/live-blog/gop-sens-ready-to-blow-up-debt-crisis-in-nakedly-political-gambit

https://www.justsecurity.org/wp-content/uploads/2021/10/show_temp.pdf

https://www.washingtonpost.com/politics/courts_law/texas-abortion-lawsuit-decision/2021/10/06/ae70d946-22e7-11ec-9309-b743b79abc59_story.html

LETTERS FROM AN AMERICAN

HEATHER COX RICHARDSON

[babbushka]

I’m confused, I was always taught that Reagan was one of the best and most progressive presidents we ever had, granted I went to a Catholic school way back when, what did Ronny do? (In a not accusatory or snippy way)

Hello my dear anon! Thank you for allowing me the opportunity to talk about this, because while I am firmly a believer that everyone can have their own political opinions, objectively, Raegan literally ruined the country through something called Raeganomics -- and that's not just an exaggeration.

Here are some of his biggest lasting legacies that make people remember him in a negative light:

Purposeful inaction on HIV/AIDs

Purposefully widened income inequality through 'trickle-down' economics

Suppression of unions

Slashing of public assistance

Excessive corporate influence on government

Explanations under the cut (with links to articles for further reading, if you're so inclined)!

Purposeful inaction on HIV/AIDs

One of the most notable things that Raegan was responsible for was his failed response to addressing the HIV/AIDs crisis. The first case was recorded in 1981, but one of the first nationally pieces of recognition, the New York Times, posting an article about it in 1982. This was when it was first called GRID, or Gay-Related Immune Deficiency. Because it was affecting primarily gay men, the general public, and the government itself, did not feel any need to stop the disease from spreading. Literally, because it was the gay disease, the overall perception was that this was God sending a cure for the country.

Raegan said and did nothing, not about the disease, or about the deaths, or about the hate crimes that were growing more and more prevalent against queer people. So despite YEARS of begging and marching and millions of people dead -- it's not until 1985 when he even publicly acknowledges the disease that had thousands of Americans dropping dead on his watch. It's not until 1987 when the administration finally forms a committee to look into trying to cull the disease. 47,000 Americans are estimated to have been affected by AIDs by then. It's not until Ryan White, a straight white young man who contracts AIDs and dies when he is only 18 in 1990, that the disease becomes a matter of importance for the rest of the country, because suddenly they understood that disease does not discriminate. HIV/AIDs is still a disease that we deal with today, with over 1.1 million people living with AIDs today in the united states.

Purposefully widened income inequality

It is no secret that associated with the Raegan administration is something called 'Raeganomics', which, while being a very complicated economic theory, ultimately boils down to establishing a "trickle-down" economy. Where, in theory, those at the very top who hold the majority of wealth in the nation, allow that wealth to move down through the middle and lower classes by either investing it or spending it in communities.

And of course, as is well evident, that just, didn't happen. The wealthiest of the nation received large tax cuts in order to hold onto their wealth to trickle down, but instead of actually spending it, they put their money into off-shore banks and then asked for more. I could get into the why's or how's of economics, but just know this -- the tax rate used to be anywhere from 71 and 94% for the highest tax bracket, money that was used to fund this nation's infrastructure, roads and schools, maintain a healthy economy, provide public services and budgets for progressive programs.

Raegan slashed it down to 28%, and in doing so widened the income inequality gap almost immediately, something that we're still seeing today. The reason why you and your family pay more money in taxes than billionaires like Bezos and Musk is directly because of Raeganomics.

Suppression of unions

The backbone of this nation has always been fought by the Unions, which are organized groups of laborers who fight for better working conditions, safer working conditions, and good pay. The reason you have a weekend is thanks to the unions. The reason why we don't have child labor is thanks to the unions. And in the 1950s, 60s, and 70s, unions were an incredibly powerful part of working society, because they ensured that workers would not and could not be exploited by the CEOs who want so desperately to exploit them. Well, thanks to Raeganomics and the tax cuts, CEOs were starting to play a much larger role in the The Raegan administration, and ultimately, Raegan sided with them to effectively put measures in place that slashed the importance or power of unions.

It first started with dismantling the Air Traffic Controller's union, then followed up with slashing taxes for the elite rich who employed the union workers. Then it continued when the recession that the tax cuts caused laid off workers in the auto industry, and still declined when he appointed a "management-sided" man named Donald Dotson to chair the National Labor Relations Board.

But what really put the nail in the coffin, was his push for something called the Right To Work law, which mean that state governments have the option to not fund or support unions, removed protections for unions, and that employees do not have to join unions if they don't want to. What happened as a result, is that companies began firing employees who threatened to unionize, turning the unions from having great PR, to being a thing of fear.

This is directly related to why minimum wage has been so low for so long. Thank Raegan for that.

Slashing of public assistance

Because of the enormous tax cuts for the ultra rich, the country fell into a deep recession, and as a result many programs were cut for the poorest of the nation. Food Stamps, the Comprehensive Employment and Training Act, Federal guaranteed loan programs for higher education, Legal Assistance, etc., all took a big hit.

The reason your student loans are through the roof? Raegan. The reason unemployment benefits are near impossible to navigate? Raegan. Directly his fault.

Excessive corporate influence on government

I think one of the things that's very important to understand is that Raegan was a film actor before he went into politics and became president (sound like someone else we know?) and he was actually neither a Democrat nor a Republican -- he was a Libertarian. And what Libertarians do, is look at America like a business. Which is exactly what Raegan did, and exactly why his presidency fucked up our nation. He thought that the president was like the CEO, and that the people were employees, which, is fundamentally not how that works.

So it's with no surprise that he allowed SUPER-PACs to completely take over political parties in accepting money donated heavily by them to write the policies that shape this country. The reason why so many politicians, particularly Republicans, are in their seats of power is because of the millions or sometimes billions of dollars that CEOs fund them, to write the laws they want. That's entirely Raegan's fault, and at his encouragement.

So, from these 6 major things alone, we have a country that has been ravaged by disease, thrown into poverty and recession, killed the middle class, boosted the wealthy 1%, accrued enormous amounts of debt, and prevented economic mobility for anyone to hope to climb out of it. And that's not even mentioning his war on drugs and increase of mass incarceration for privatized prisons, his insane military budget leading a larger budget deficit, the Iran-Contra scandal, among many many other things.

As I said earlier, people are allowed to think he's a great president if they want, but factually, his actions (and inactions) have fundamentally and irreparably broken the economic landscape of our nation for the poor, working classes.

I encourage you to research further into this, if you so desire. There's a lot more than I mentioned here, I only picked what I thought to be the most famous of his failures as a president.

[londonittraining5]

Unlocking Opportunity: Job Guarantee Courses in the UK

In today's rapidly changing job market, the demand for highly skilled and well-trained professionals has never been greater. The United Kingdom, like many other nations, recognizes the need to address this demand and ensure that its workforce remains competitive and adaptable. One of the key solutions to this challenge is the introduction of job guarantee courses in uk.

Job guarantee courses, also known as employment guarantee programs, are educational initiatives designed to provide individuals with the skills and knowledge necessary to secure gainful employment in specific industries or sectors. These courses offer a unique promise: upon successful completion, participants are guaranteed job placement, helping bridge the gap between education and employment.

The United Kingdom, with its rich history of educational excellence, has embraced the concept of job guarantee courses as a means to empower its citizens and strengthen its workforce. These courses have the potential to make a significant impact by reducing unemployment, upskilling the workforce, and fostering economic growth.

The Need for Job Guarantee Courses

The UK job market has undergone significant transformations in recent years. The rise of automation, digitalization, and artificial intelligence has led to changes in the skill sets required for many jobs. While this dynamic shift opens up new opportunities, it can also leave some workers at risk of unemployment if they lack the necessary skills. Furthermore, the economic uncertainty brought on by events like the COVID-19 pandemic has highlighted the importance of preparing individuals for a rapidly evolving job market.

To address these challenges, job guarantee courses have emerged as a vital part of the solution. These programs offer several benefits, including:

Skill Development: Job guarantee courses equip participants with the specific skills and knowledge required in high-demand industries, ensuring they are job-ready upon completion.

Employment Security: The promise of job placement upon graduation provides a safety net for individuals and reduces unemployment rates.

Economic Growth: As more individuals are trained for in-demand jobs, the economy benefits from increased productivity and a more skilled workforce.

Types of Job Guarantee Courses in the UK

Job guarantee courses in the UK are as diverse as the industries they serve. Some popular examples include:

Tech and IT Bootcamps: In a world increasingly reliant on technology, intensive coding bootcamps and IT courses guarantee employment in roles such as software development, cybersecurity, and data analysis.

Healthcare Training: Programs like nursing and medical assistant courses ensure a steady supply of trained healthcare professionals, particularly important in the face of healthcare crises like the COVID-19 pandemic.

Construction and Trades Training: With a growing need for skilled tradespeople, courses in construction, plumbing, and electrical work guarantee employment in these vital industries.

Business and Finance Courses: These courses provide training in accounting, finance, and project management, preparing individuals for roles in the corporate world.

Government and Private Sector Collaborations

Job guarantee courses in the UK are typically developed in collaboration between the government, educational institutions, and private-sector partners. These partnerships help tailor programs to the specific needs of industries, ensuring that participants are equipped with the most relevant skills.

The government often provides financial support for these initiatives, which can come in the form of grants, subsidies, or low-interest loans. Private companies, on the other hand, may contribute to the design of the curriculum and provide job placement opportunities upon graduation.

For more info:-

it training courses with job guarantee uk

It Training Courses with Job Guarantee

[financeloan09]

Insurance on home loan

A home loan requires a lengthy commitment. Insurance on home loans can be as long as 25 to 30 years. We are all aware that there are no guarantee cards in life. Imagine a scenario where the person who makes the monthly or quarterly EMI payments passes away due to unforeseen circumstances. Therefore, the dependent family members are responsible for repaying the loan. The house or the collateral could be taken in the event that the loan is not returned and the installments are not made on time.

In any of these scenarios, a valuable family asset or one that can be used in times of need may be taken since the loan balance is not being repaid. Because of this, you must plan ahead in instances like these to protect your family and loved ones. Home loan insurance is now necessary, significant, and even, one could say, imperative because of this!

Typically, house loan insurance can be obtained at the time of loan application. It is offered by the lending company from which you are applying for the loan and is frequently included in house loans. Although purchasing home loan insurance is recommended, it is important to be aware that this practice should not always be followed.

There are no insurance requirements that require loans and insurance together. So, instead of accepting the insurance plan that is being provided to you, conduct your research and choose one that best matches your needs.

Term insurance is comparable to home loan insurance. As long as you are repaying your debt, you are insured by this insurance. The insurance period terminates when the remaining loan balance has been settled. However, if the borrower passes away during the loan's term, the family may be able to use the loan insurance to pay off the balance of the home loan. By doing this, it is prevented the house or other assets used as security will be seized by the bank.

The majority of home loan protection programs allow for a single premium payment. The option for buyers to combine the premium payment with the overall loan amount is also available. The buyer can choose to take out a loan for Rs 52 Lakhs, for instance, if the premium on a loan for Rs 50 Lakhs is Rs 2 Lakhs. They may include the premium in the EMI while paying off the outstanding loan balance through EMIs.

The goal of financial institutions is to avoid having any of their loans default. Their goal is to safeguard their loans in every circumstance to prevent the same from becoming a bad debt. As a result, these financial institutions encourage borrowers to get mortgage insurance. Financial institutions have to go through the inconveniences of seizing the asset and liquidating it in order to reclaim the outstanding loan amount in the event of the borrower's death who has not purchased home loan protection. As a result, if the borrower is protected by this insurance, the financial institutions also benefit.

To improve their cover benefits, a few house loan insurance companies also provide home loan insurance policies with optional rider plans. Home loan protection insurance can be combined with riders for critical or terminal illnesses, accidental deaths, unemployment, and disabilities.

While applying for a house loan, home loan insurance is not required. However, a policy of this kind becomes crucial as a way to protect your finances and valuables. Remember to conduct your own research before choosing this choice as an insurance buyer. For their own financial gain, financial organizations may try to sell you insurance, but you must purchase the plan that best meets your needs.

You are not required to purchase the insurance right away if you are applying for a loan. Later, you can purchase the insurance through another bank, financial institution, or portal that sells insurance. Therefore, home loan insurance gives you much-needed peace of mind while safeguarding your family from any unexpected events.

[odinsblog]

anon because i don't want to be called a "bernie bro" by people. do you think bernie sanders still has a chance? so many of his proposals are looking pretty damn good to a lot of people right now, the shit with biden, the fact so many states still haven't voted... i think he still might have a chance, but could that be wishful thinking.

One thing running track taught me: it ain’t over until it’s over

Yes, it absolutely IS a long shot at this point. But Bernie is only 300 electoral votes behind Biden.

And as you alluded, with COVID-19 going buck wild rn, things like Medicare For All, expanded unemployment benefits, forgiving all student loan debts, tuition free college, a $15 minimum wage, guaranteed paid sick leave .... suddenly all that stuff doesn’t sound so crazy, does it? (hint: doing the right thing and taking care of citizens is never “crazy”. It only seems “radical” bc ppl have forgotten and we haven’t had a gov’t really working for citizens since FDR was President)

I think something like slightly less than half the states have yet to hold their primaries. It is my sincerest hope that the remaining voters see how consistently prescient Bernie Sanders has been for his entire political career, and choose him over the Republican-lite, big business loving, anti-abortionist, rapist (Joe Biden) who is still against M4A.

Anyway, the primaries aren’t over and Bernie is still in the race.

SN: I know how Clinton Dems have weaponized sexism against Sanders supporters—LOL the same ones who don’t wanna acknowledge Alexandra Tara Reade—but embrace your inner BernieBruh

[mostlysignssomeportents]

Kim Stanley Robinson on the Jobs Guarantee

There's a terrible paradox at work in the mass unemployment created by the pandemic. We know that there is more than enough work for every human alive today and for the next 2-300 years, addressing the climate emergency.

That was true before the pandemic. What's changed is that tens of millions of workers in the USA and hundreds of millions worldwide have lost their jobs, and there is no demand from the private sector for their labor.

Our system relies on markets to create jobs, on the grounds that this is the most efficient way to employ people.

Today, millions of people face long-term unemployment (with the physical and mental-health tolls that come with it).

And we DESPERATELY need their work to save our planet and our species.

How is it "efficient" to leave them idle while the planet burns?

It's a subject I've been contemplating in fiction for a long time. It's at the center of the novel I'm writing.

https://pluralistic.net/2020/05/21/profitable-butchers/#byebye-falc

But don't listen to an sf writer - listen to an economist, like Pavlina Tcherneva, whose forthcoming book "The Case for a Jobs Guarantee," lays out a clear and plausible case for giving a job to every person who wants one, doing the care and rehabilitation we so desperately need.

https://pluralistic.net/2020/05/05/the-hard-stuff/#jobs-guarantee

I'm not the only sf writer who's been inspired by Tcherneva's vision. My colleague Kim Stanley Robinson's latest Bloomberg column lays out the case for a jobs guarantee with the poesy for which he is justly famed.

https://www.bloomberg.com/amp/news/articles/2020-06-05/the-climate-case-for-a-jobs-guarantee-kim-stanley-robinson

Robinson rightly sees the threat of automation-driven unemployment as hacky science fiction masquerading as economic analysis: "Most jobs require a flexibility and creativity that only humans can bring to the task."

"And even if some of the jobs offered by government were make-work, such as the Works Progress Administration when it was building hiking trails and post offices in the 1930s, so what?"

Robinson connects the Jobs Guarantee to Modern Monetary Theory and the premise that deficit spending doesn't create inflation - what creates inflation is too much money chasing the same goods and services.

"If [economists] think the [economy's] goal is other than prosperous people living in balance with a healthy biosphere, they need to make that case—or think again."

Governments presiding over 25-40% unemployment don't last. They are so unstable that they collapse, sometimes taking the nation with them. When the pandemic is over, we're going to do SOMETHING, or we're going to dissolve into chaos.

The right wing version of this is workfare, AKA forced labor.

The progressive version is the Jobs Guarantee: care and remediation jobs created in consultation with local communities, paying a living wage and good benefits.

The Fight For 15 is important, but the idea that this would set the minimum wage at $15/h is wrong. In the absence of a Jobs Guarantee, the true minimum wage is $0/hour. That's how much you earn if no one wants to buy your labor.

A living minimum wage puts some pressure on the worst employers to improve their workers' lives, but at the end of the day, those employers have a counteroffer for their workers: how about $0/hour?

A Jobs Guarantee - like the other guarantees the federal government offers, backing loans, guaranteeing profits to contractors, buying surplus agricultural product - would put a real floor on the living conditions of workers.

If we're willing to guarantee a minimum price for cheese, why not human labor?

[insanechayne]

I hate having to do this again, but things are super bad right now, so please help me out if you can

So I’ve had to post about this before and some people may already know what’s going on, but for anyone who doesn’t I’ll give a quick description of my life thus far so you have an idea of where I’m coming from:

Feb 2018 my dad and I became homeless. We have been homeless for almost two years now. We live in and out of motels, have had to live in our car twice, and are currently living in a motel in Mojave where the owner has been very kind/understanding about our situation. He lets us pay a weekly amount in cash so that we can stay long term; so far we’ve been here since about March 2019.

In December 2018 I lost my job (wrongful termination, but that’s another story) and was able to get unemployment, but that ran out by June 2019. I recently received food stamps and medical benefits through the state, and my worker said I might be eligible to apply for unemployment again. I did so, but when I spoke to a worker about my case they said, and I’m quoting, “you have to have earned at least $1000 in this last year to be eligible to receive unemployment again.” Obviously I haven’t been able to find any work in this last year, which is why I had to apply for benefits in the first place. California makes everything difficult, let me tell you.

My dad works Lyft almost every day, only taking a break/day off when he actually needs to rest due to risk of an accident. But being in such a remote area, he has to spend 30 minutes every day just to get to the larger city area to start work so that he has the ability to get rides, and then isn’t guaranteed that people will need to take rides, so each day is a toss up of whether or not he can make money. To top that off, my mom is supposed to pay $900 a month in alimony, but for the last two months she hasn’t paid anything because she was diagnosed with cancer and subsequently fired from her own job, and had no money to send for the alimony. So that’s more money that we lost that we desperately need to survive. The food benefits I got help a ton, but none of it can go to other bills, so it can only do so much.

Other than the fact that we have a car payment ($150) due Friday, which will get the car repossesed if we don’t pay, and a phone payment ($73) due Friday, which will get the phone turned off if we don’t pay, and a small loan from one of those money apps ($80) that’s been due for over a week. On Sunday the hotel owner came to talk to us about the money and said we’re currently about two months behind, at least $2700, and if we can’t give him some kind of substantial payment this week then we have to leave.

We have nowhere else to go if we have to leave here. We can’t afford other hotels in the area, especially trying to pay day by day, and my family has made it clear that even though they have a spare bedroom and extra beds and space not being used, we’re not welcome there. We’ll end up in the car again, and then eventually the streets because dad won’t be able to work and the car will get repossesed at some point.

We would need at least a couple hundred dollars to give to the owner for him to let us keep staying here, probably $500. Plus the $150 for the car, $73 for the phone, and $80 for the app. So total needed at the moment is about $800. That’s the goal, anyway. I don’t have a GoFundMe or anything, because they have a fee and take way too long to send the money, so I’ll post my PayPal link instead. If you can help at all, even if it’s just to share this with your followers, that would really mean a lot to me.

To anyone able to donate, here’s the link to my PayPal:

https://www.paypal.me/ChayneGreer

I really do hate to burden others or ask for help, but I honestly don’t have any other options right now and don’t know what else to do.

Thanks everyone for your time!