Skip to main content

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 and no interest paid thereon. Is it any wonder they claim the fund is going belly up. Is it any wonder that they want ot increase pensionable age to 70.  Why not make it 90?  Then they could spend it all or mostly all.  Have you ever heard of that fund repaying the contributions of anybody that dies before pensionable age? Why  not? The Government can spend it better than your heirs? Especially on hush/slush fund affairs.


Comments

Post a Comment

Popular posts from this blog

Why Sean? Why did you sink your knife so deep?

Way up north, there once was a star. She lit up the sky, both near and far. She showed us the way. Yet, when she left, we all went astray. How indeed could that even happen? She left us floating in $Dollars from shore to shore! So why now, are we desperately grasping for more? The State’s so full of crooks They can’t even balance our books.    Who now can we trust, as they try taxing us more? With so many Billons still available to spend still sitting there in our Constitutional Budget Reserve fund Can we trust our lawmakers, who are now lawbreakers? Governed and led by such a one as Walker, Who's himself, become our chief Permanent Fund Stalker? Who hears only, the Dirty Bastard's Club shout: Tax. Tax! Mankind, you know, is their favourite fish, They just need to fill up their dish, with lots of us, little trout, Cut Spending? Nay! Nay!   Let’s just eat them, that's our way out. SB 21 wiped ACES out, and though we promised, the economy,...
Post a Comment
Read more

Abundance or Poverty? Your Choice!

John J. Kiernan While We Support The Lord’s Enemies? Why Would God Bless Us? In (Job 8:20) we read: "Behold God will not cast away a perfect man, neither will he help evil doers;"  If He will not, why should you or I help the evil doer? In (2nd Chronicles 19:2) we read: Jehu son of Hanani the seer, said to king Jehoshaphat, "Shouldest thou help the ungodly, and love them that hate the Lord? Therefore is wrath upon thee from before the Lord". So friend, if you profess to be a perfect man, why continue to support the enemies of the Lord and thus likewise, incur his wrath? Do those who will not keep the Lord's day holy, love the Lord or just love money? Do they not make it almost impossible for you, your sons and daughters to attend His house on the Sabbath day to receive His spiritual nourishment? "Man shall not live by bread alone, but by every word that proceedeth out of the mouth of the God...
Post a Comment
Read more