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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.


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