LOL they are far from broke. It's time to open your eyes to the Comprehensive Annual Financial Report. It's a long video but the first 15minutes will give you all the pertinent information. http://www.brasschecktv.com/page/512.html Initially, I was in disbelief. There's no WAY they can get away with this degree of extortion.
Very good video. I watched about 25 minutes. My first thought regarding the "excluded" entities (Freddie fannie etc) is that perhaps wall street knew how much money these gse had and figured they could game the system, what would it matter (there was so much money off the book) Then when the whole derivative markt blew up, they were pretty sure the govt would bail them out because the money was there (no harm no foul). Seriously, if you were a broker and knew a client had two sets of books and had an idea of how much was out of view, one would salivate at the prospect of tapping that.
Amazing video! Thanks. So much about democracy; American people are treated like fools by elites, governmental or corporate.
You both make some good points. I don't blame illegals, I would do the same, but I am glad Colorado put a stop to benefits for illegals.
They issue bonds and fund the issuance with their extorted money thus locking in guaranteed payments through irrevocable trusts. http://www.cafrman.com/Articles/Art-CA-S1.htm " Introduction The State of California at the State-level has approximately $59.83 billion of the taxpayer's money it is not using, i. e. surpluses equal to $1,695 for every man, woman and child in California or $6,779 for a family of 4. This does not include all the additional surpluses that exist in the school districts, cities, or counties in California. The Exhibit A below shows the results of the FY 2003 review. " 2003! 2003!!!!!!!!!! I know that since 2003 my vehicle registration cost has TRIPLED. I can't even imagine what it is now. I don't think I want to. There are 50k entities extorting funds from the public. Spread the word.
i'm listening to it now - it may be a good vid, but i will say this guy has the most painfully roundabout manner of speaking
So with... revenues... different venture projects.. thecitagrowsataphenomenalrate.. lol He is blown out on sugar and stimulants, suffering from serious hyper-tension.
he has a habit of needlessly transcribing converations he's had (with editorial) that's a habit that drives me nuts that and saying the compreshenive annual finacial report over and over with no abbreviation - 22 sylables rambling and repetative - could have been reduced by at least 2/3rds - clearly there was no preparation of the point he's trying to get across and stuff like "ahhhhh......ch ch ch ch" when he doesnt know what to say next