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Showing posts from October, 2019

SURPLUS TO DEFICIT IN A FLASH HOW?

The ADN reported that Sarah Palin left over $20 Billion in the State's CBR (Constitutional Budget Reserve) Fund as she departed AK. Yet now the CBR only records a high of $12 Billion.  How did that Leprachaun Sean Parnell make $8 Billion dissapear?  On top of that he managed to give away our 1/3 share of our oil revenue by getting rid of ACES and replacing it with SB 21.   Now with oil at over $70 a barrel the state is bankrupt. Back to ACES.  Save AK! Similarly, the Anchorage Administration of Mayor Berkowitz which had been telling us that we were running a budget surplus of over $6 Million suddenly switched from a $6 million surplus to a $6 million deficit. Isn't amazing how money can be made to disappear? Question Where to?  I didn't get any of it. So who did? Likewise, from our Social Security Trust Fund, or more correctly called our Federal Government Hush/Slush Fund,  billions have been taken against worthless I.O.U's.  No repayment made of the money taken a