States Fund Budgets With Contents Of Safety Deposit Boxes

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44 States face massive funding problems. These problems are estimated to persist until 2011. Where will they get the revenue to continue operating?

For those in Pennsylvania who have lost the contents of their safe deposit boxes I would recommend checking auctions from the seller pastatetreasury on EBay.

Delaware appears to be exceptionally proud of their increased revenues. For examples these quotes come from the State of Delaware Comprehensive Annual Financial Report.

From page 10: Key elements of the increase in net assets are as follows:

Total general revenues increased overall $168.1 million (5.1%) with significant increases in tax revenues and interest income. In addition, strong growth in ... abandoned property collections, helped offset decreasing personal income tax growth.

From page 14, Other non-tax revenue increased in fiscal 2007 by $66.3 million (16.9%) due to continued strength in abandoned property collections, which grew $39.8 million (12.2%).

Category:

News & Politics

Tags:

• safety deposit box
• financial crisis
• federal reserve
• investing
• peter schiff
• ron paul
• austrian economics

[Tamryn69]

"Quick tips for everybody?"

Yea

1) NEVER TRUST THE BANKS

2) NEVER TRUST THE GOVERNMENT

3) Refer back to tips 1 and 2

[USoSilly2Me]

I got me a fire, water safe because I don't trust ANYBODY..!! At least I have to gun to protect it, instead of these Greedy Ass Banks..!

[pmarie2003]

@tiredofthebs2008  Just what I was thinking.

[katydig]

Banksters of America! Read "The Law", a short book by 19th century French economist, Frederick Bastiat, to get a grasp of how government engages in "legal plunder". It's legal b/c they write laws to entitle them to steal. It's not lawful b/c it's against Nature's Laws (aka human rights).

[tiredofthebs2008]

She still has her money in BA? WTF?

[mrblack61]

you just couldnt make this shit up! !! 8(

[shroomingnewman]

notice how at the end of the report, they mention several ways to make sure you still have your possessions with the bank but don't include how you could just as well remove your things, get a safe, and store them yourself. the media are shills, paid spokesmen.

[cutmonn]

The State and Federal Goverment steal, no way !

[pmarie2003]

0:45 Bank of America.... I should have known.

[Ivan32304]

Was the customer negligent in paying for the box? I know I doubt it, because should't the fee have been automatically deducted from their checking account?

[Ivan32304]

Was the customer negligent in paying for the box?

[rockstarofredondo]

Hahahahahahahaha, a bureaucrat caring about the people? What a fucking crock!

Statism is dead. The government is finished, & banks are losing trust faster than man loses his dollar bills in a strip club.