The True State of Affairs

Dr. Steve Rosen
GUEST BLOGGER


This State of "idiots" and all other States, especially California, have NO real debt like they claim. For YEARS they have been scarfing away our tax dollars in private investments so they could use our dollars to buy into the private sector.

Each State has a CAFR fund or Comprehensive Annual Financial Report that outlines all of these dealings. California has over a trillion dollars of taxpayer money tied up in private investment yet they whine about being broke and going bust. Bullshit. Likewise for Florida and other States. There is no shortage of cash. Period.

The politico scum just don’t want anyone catching on to this travesty. Why do you think so many jobs are outsourced? One reason is the controlling shares of stock in major companies owned by investment pools of local and state government investments. Each local government can buy no more than 5% of a company’s stock so they formed private investment arms to pool the tax dollars they invest and are able to buy controlling shares of companies.

In the lust for more profit, it is in many cases that our very own governments that are directly responsible for outsourcing US jobs to places like China. Why else would there be no significant import duties on these goods so US based manufacturers could have a fair market?

Think about it. If you want more information, go to www.Cafr1.com where it’s all nicely laid out. This information should be pushed by Florida Hometown Democracy. After all, the two clowns running for governor, Alex Stink and Bill McCrapem along with the current idiot in the governor's mansion, Crusthead, comprise the State Board of Administration that over sees the state CAFR funds. Remember last year the fund lost around $200 million in poorly handled real estate investments and localities started pulling out the tax dollars that belong to us!!

Nobody talks about this but this is where the tax dollars go! This should be part of FHD campaign strategy to expose this travesty.

Dr. Steve Rosen


Surplus Taxpayer Money in Florida

Editor Note of Explanation: "The CAFR is the accounting Bible for all local government. It shows the total gross income, investment structure, and also shows the general purpose operating budget as is "selectively" created by your local government. I note that the selectively created operating budget usually amounts to one-third of the gross income and is where 100% of tax income is shown. The other two-thirds of the gross income is shown only in the CAFR report and the other two-thirds is derived from return on investments and enterprise operations of which said enterprise operations will have their own CAFR or Annual Financial Report listing their own investments and gross income separate from the local government they are under. (many games are played here)"