"The General Assembly changed the state’s unemployment benefits system earlier this year so the state can pay off a debt to the federal government for benefits money it had borrowed.
Beginning July 1, maximum weekly payments dropped from $535 to $350 and the maximum number of weeks that state benefits will be paid decreased from 26 to 20.
Until now, the cutoff didn’t really matter because the federal government had continued to pay benefits after state benefits had run out.
But under the budget sequester, the rules changed: The federal government said states couldn’t change their own payout structures this year and also keep those extra weeks of federal benefits.
North Carolina overhauled its system anyway and cut benefits to speed repayment of the roughly $2.5 billion the state unemployment system owes the federal government. It had borrowed that money during the recession to pay benefits after state money ran out.
So as the state’s fiscal 2014 budget went into effect on July 1, extended federal benefits stopped."
Richard Barron
.
.
On July 7, 2013 at approximately 11:00 pm, Officers responded to the Food Lion located at 2208 Golden Gate Drive in reference to an armed robbery of the business.
An employee of Food Lion was collecting shopping carts in the parking lot when he was approached by a single suspect armed with a handgun. The suspect repeatedly struck Mr. Amey in the head with the handgun and forced him into the store. Once inside the store, the suspect held the employees at gunpoint and then fled the scene with an undetermined amount of money.
Anyone with any information is asked to call Crime stoppers at 336.373.1000
Billy Jones
.
.
If 70,000 lost benefits, how many live in our area?
How many were getting by solely on the benefits?
If 5 to 10 thousand in Guilford County, how many won't be able to afford food and rent shortly?
What do people who run out of food tend to do to get it?
What do people who lose their dwellings resort to?
Max out the credit cards.
Move in with relatives.
Market illegal whatever.
Not care as much as before about everyone else.
We created a cushion, both federal and state, that put off the crime rate from increasing.
That cushion has been removed.
We need to be prepared for the consequences, in the face of a global recession and deleveraging cycle put off since 2008 with more than 10 trillion of pretend money created by the world's central banks to keep most happy for as long as they could.
Higher gasoline and food prices have been the consequences of the unseen taxation.
The efficacy of the intervention is diminishing.
Higher interest rates means less affordable housing going forward, and capital losses for many who have been living on fixed incomes.
The city needs to lock in the variable debt on the books, created to borrow more under cash flow caps.
If interest rates continue to rise, the cost of locking in the debt increases, as it has already quite a bit.
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