Sunday, July 22, 2012

CA CAFR $600B ‘pension fund’ pays only $1B for pensions

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

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.
CAFR Govt Slush Funds Right Under Our Noses

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

1 comment:

Anonymous said...

You are going to need a tyrant such as in ancient Greece, a friend of the people to stabalize the government, and then you will cycle around to monarchy again. THIS is what is going to happen, you mark my words.