And this is only California. You know, "the most financially $trapped $tate" in the u$A.

22-minute interview: CA CAFR $600B ‘pension fund’ pays only $1B for pensions - National Nonpartisan | Examiner.com http://www.examiner.com/article/22-minute-interview-ca-cafr-600b-pension-fund-pays-only-1b-for-pensions

22-minute interview: CA CAFR $600B ‘pension fund’ pays only $1B for pensions

Politics
June 28, 2012
By: Carl Herman

Infowars Nightly News interviewed me for 22 minutes to discuss how states’ Comprehensive Annual Financial Reports (CAFR) reveal taxpayers have abundant assets already in government hands to pay for all public goods and services multiple times.
Summarized here, California has $600 billion in cash and investments, with all state government agencies combined having $8 trillion. These amounts translate into $50,000 per household retained by the state, and a staggering $650,000 per household combined total.
This is why CAFR data disclosure is one of three obvious game-changing solutions a critical mass of the 99% can command to reclaim economic success from the current capture of the 1%; the other two are monetary and credit reform.

Video: CAFR Govt Slush Funds Right Under Our Noses

This objective and independently verifiable data also communicates the need for Occupy victory for the 99% to recognize and end obvious malfeasance/crimes centering in money and war. This victory literally saves millions of lives, helps billions, and returns trillions of the 99%’s hard-earned money.
CAFR | Examiner.com http://www.examiner.com/topic/cafr

· Sen. Liu starts lying in 5th week evading CAFR $600 billion taxpayer surplus

· CA CAFR: Assemblymember Portantino Chief of Staff promises public statement

· Walter Burien explains how non-disclosure of CAFR data is criminal business

· L.A. County D.A. clarifies: ‘Fraud not a crime,’ with CAFR ‘misrepresentation’

· CA CAFR: Senator Liu passes $600B issue to college intern after 3 weeks silence

· CA CAFR: How Liu, Portantino should cover your assets in official responses

· CA CAFR: local paper publishes 2nd letter asking Liu, Portantino responses

· 3 reforms for US economic breakthrough: money, credit, CAFR

· CAFR summary: why can't a $600B ‘fund’ fund $27B pension, $16B budget deficit?

· CA CAFR: pensions cost $27 billion, only 4% comes from the $600B ‘pension fund’