Okay, so the State of CT figured it could get some money in a few years back by claiming unclaimed funds. So it made itself a law that gave it the right to take people’s money if it was not claimed by x years. This includes stuff like refunds, inheritances, fund income, and even bank accounts that show no activity for (I think) 5 years. This rushed a lot of us off into checking on our older folks who wisely let the money get interest while it sat. Many found that the state had grabbed it–though it can be claimed and returned to its rightful owner.
Now get this: the State rolled the unclaimed monies into the General Fund. You can guess what’s coming…and of course, they spent it. Now they’re all upset because folks, in this tough economy, are looking all over for money and if they have unclaimed funds listed with the State, they’re requesting it be returned.
See now, this is why I don’t want the government handling healthcare. As a matter of fact, I think we should take back the motor vehicle department, the post office, maybe even the schools, and definitely, social security.