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U.S Banks Post Second-Highest Profit in 23 Years in 2Q 2014

U.S Banks Post Second-Highest Profit in 23 Years in 2Q 2014

( Wall Street Journal ) Banks are lending to companies and individuals at the fast...

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1,100 Illinois inmates getting unemployment

CHICAGO -- State officials say they have found about 1,100 inmates who improperly collected more than $2 million in unemployment benefits.

Illinois Department of Employment Security officials on Tuesday told The Associated Press several inmates collecting unemployment could face prosecution. Department spokesman Greg Rivara says the agency will try to get recipients to voluntarily repay the money, and garnish state and federal tax returns to help recover the money.

One Cook County inmate collected almost $43,000. ... continues...

" Friends and neighbors complain that taxes are indeed very heavy, and if those laid on by the government were the only ones we had to pay, we might the more easily discharge them; but we have many others, and much more grievous to some of us. We are taxed twice as much by our idleness, three times as much by our pride, and four times as much by our folly. "

-- Benjamin Franklin

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