Monday, March 4, 2013

Hidden CAFR funds are Massive


 Merlyn says:
What every aspect of the government (fed, state, county, city, and other local entities) fails to acknowledge is that in their CAFR (comprehensive annual financial report) accounts are massive amounts of financial assets from investment activities that are unreported to the public in the regular budget reports… they have SO MUCH money that is hidden from the public view that each and every one of these government entities could be run for a very long time without collecting even one more penny of tax revenue from those of us who work and pay into all of the taxing agencies – but of course they do not want us to know that they have this money hidden away, so they can come ask us for even more… whenever they want more money, they create some kind of a c risis to convince the public that the “sky will fall” if they do not get it, and then they usually cut funding to the areas that are the most painful to the people (infrastructure, fire, social security & medicare – which we already paid for over the years so it is NOT an entitlement, it was supposed to be untouchable, but they raided that social security “trust fund” as well). Google CAFR for more info on those hidden monies!

2 comments:

mustang said...

Pretty obvious we are being run by the Mafia. Seems to me these people are all criminals and need to all be arrested. Problem is though, they own all the jails, courts and 'authorities'. What a joke. May as well just line up against the wall and get ready to get shot, we are SO screwed and 99% of the sheep don't have a clue. Pretty sad really.

edward william of clan Pharlan said...

The People of the several States assembled intend to bring forward the republic the Founders intended. Eight of the thirteen original union states have made public declaration that the People on the land of those states wish to reconvene the republic according to the authority expressed in Article 9, clause 5 of the Articles of Confederation. The People of the several States assembled have reunited to bring forward that lawful abandoned government of, by and for the People. The People on New Jersey, Massachusetts, Rhode Island, Delaware and Maryland are needed to assemble and make their declarations post-haste. The rest of the states thereafter.
www.unionstatesproject.org