Taxpayers strike it rich? - Foster Gamble - YouTube - 0 views
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Gary Edwards on 07 Jul 12Excellent video blog/discussion with Foster Gamble of the Thrive Movement. Foster explains CAFR: The Comprehensive Annual Financial Report that local and State governments must file annually. The CAFR includes the investments funds that governments control. For local cities lfiling bankruptcy, ike Stockton, CA, the CAFR's are in the hundreds of millions of dollars. Foster explains that Stockton is foot dragging on their CAFR, perhaps hoping to break the union pension and healthcare funds through a quick chapter 9 bankruptcy where the CAFR isn't put on the table? This is good stuff, demonstrating fully that governments are in the business of seizing wealth and control of property by hook or by crook. Nice finish with the Iceland story. The Icelanders refused to play the Bankster game, and jailed Rothschild-Rockefeller banksters and politicians while refusing to pay both the interest and debt those clowns had racked up. Excerpt: As cities and states struggle to balance their budgets, folks everywhere are losing their jobs, parks are closing and people most in need are getting left in the dust. As Foster describes in this video blog, it doesn't have to be this way. Trillions of dollars of taxpayer money is currently sitting in unpublicized government investment funds and people are organizing to get it back.