the annual financial report explained by Walter Burien
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This video is a response to bankruptcy is Miami's best HOPE ... and Los Angeles too?
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@sport142 - The explanation of why per your question can be answered in detail at the following article I wrote - dailypaul[dot]com/167082/
CAFR1 8 months ago
where can I find CAFR?
nunezger 1 year ago
Promoted:[Front pockets empty, no cash, must cut back, lay of employees, cut back on services] ... Corporate Investment Take-over aspect of government ongoing for 75 years:[back pockets full, not a word, don't go there, let's not talk about that, keep quiet if you know what's good for you, international investment accounts bulging, they don't know about that anyway, lunch anyone?]
CAFR1 1 year ago
@sport142
US and all its sub corporations have a duty like any corporation under bankruptcy to make sure they can fund the debt after expenses ...if not they cut expesnses
now the cafr funds are profits generated by govts running its business overseen by the trustee of the bankruptcy..for the beneficiary THE PEOPLE
it is held in escrow
it cannot be taken by the citizen_SHIPS ..they are not beneficiaries ..only employees of the govt
kdcruz75 1 year ago
@sport142
there is a difference between citizens and the people
citizens have duties that primarily include standing surety for the national debt
google : legal definiton + constitutor
constitution is a perfected bankruptcy charter to operate statutes..
this enables the creditors who hold the proceeds of govt in TRUST for the people
to provide credit to the govt
as citizens u are employees of the govt under public policy of the us corporation
utube: birth certificate + stock market
kdcruz75 1 year ago
@sport142 yes, a response to this question would be nice, because if this is so, then what's all the talk about US states such as California struggling to avoid bankruptcy?
mlndstream 1 year ago
This makes no sense to me...why would cities lay off all kinds of workers and claim to be broke if they were sitting on piles of cash?
sport142 1 year ago