CA CAFR shows $600 billion tax surplus, 1% criminals cover-up, demand ‘austerity’

Carl Herman, Washintonsblog.com

5/28/2012

Clint Richardson details California’s Comprehensive Annual Financial Report (CAFR) to reveal $577 billion in Californian taxpayers’ investments. This public evidence makes Governor Brown’s claim of a ~$16 billion budget deficit with no option than “austerity” a criminal lie of omission. This is similar if the governor claimed the public checking account didn’t have enough money for our children’s schools while he covered-up a savings account with over 30 times the claimed shortage.

And now… the rest of the story. …..

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