SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?


To: RealMuLan who wrote (9427)3/5/2003 11:29:14 AM
From: Les HRead Replies (2) | Respond to of 306849
 
I wasn't referring to Chinese specifically. There were a number of Korean immigrants that my parents' friends knew of that did this to collect benefits. I've readd that this practice were more common among SE Asians, Laotians specifically, and Eastern Europeans. I used to see bands of Eastern Europeans running around the outdoor strip mall handing out cards asking for donations and explaining that they couldn't speak English. I once spotted them running back to their new minivan.



To: RealMuLan who wrote (9427)3/5/2003 12:01:21 PM
From: GraceZRead Replies (1) | Respond to of 306849
 
It's a pretty common practice to transfer assets to children among middle class white people so that an aging parent can receive medicaid. There are lawyers who specialize in helping people do this. The welfare state is pretty ingrained in the American psyche. There's a reason they call these benefits "entitlements" because everyone thinks they are entitled to receive them. Over half of all nursing home stays are paid for by Medicaid. I doubt seriously if half the people in nursing homes are Asian. The rules have been tightened up in response to this the widespread practice.

mcgrathinsurancegroup.com



To: RealMuLan who wrote (9427)3/5/2003 4:42:00 PM
From: David JonesRead Replies (1) | Respond to of 306849
 
OT:then there will be nothing left, since one year of NH will cost the state anywhere from $35,000 to $50,000...

For what it's worth. One in twenty thousand will use their fire insurance but one in three will need some type of elder care.
Think about cya before you get too old.



To: RealMuLan who wrote (9427)3/6/2003 12:03:47 PM
From: fattyRead Replies (2) | Respond to of 306849
 
All these vote-buying politics makes me sick. As a working adult with a young family, all I see is money flowing out of my hard earned wages to fund ridiculous luxuries for people who never pulled an all nighter to get their job done.

If old people want to be healthy and die peacefully, the best way is to keep working until the day comes. My grandma worked until she died at age 91. She was totally healthy and never spend a single day in nursing home.