10-19-2024, 08:51 AM
As much as I would love to say this problem is unique to California, it isn't; every State (well, most) have their grubby mitts in the taxpayer's pocket.
The level of graft in both State and federal government(s) is staggering, just astonishing! If even $0.40 cents of every taxpayer dollar went toward actually funding what it was earmarked to fund, this country would be utopia. But alas, it's not even close. I work with federal, State and municipal money every day and I see it first hand. People have this image in their minds that expenditures are tightly controlled, and some will even attempt to cite examples. But what most of these people fail to realize is that the money they are citing is actually 'recycled' money in the form of loans, often bonds, which are essentially taxpayer money which has been 'embezzled/extorted' by politicians down to zero, and then used as collateral to borrow that same money back in the form of municipal and other types of bonding or funding 'instruments'. The political machine wastes all the money first, and then turns around and borrows that same money back again (at added expense to the taxpayer...in the form of facility charges and excise taxes (among others)). Then, these same people go all 'accountant' when questioned about their expenditures and use examples of how they tightly "controlled" this recycled money all while patting themselves on the back for doing a great job! Bullshit! You get ripped off not once, not twice, but three or more times.
In a nutshell taxpayers should consider themselves lucky because it's not about taking the glass shards out of the vaseline, no, you don't get any vaseline at all!! Nor do you get a kiss afterwards! Just bend over!
The level of graft in both State and federal government(s) is staggering, just astonishing! If even $0.40 cents of every taxpayer dollar went toward actually funding what it was earmarked to fund, this country would be utopia. But alas, it's not even close. I work with federal, State and municipal money every day and I see it first hand. People have this image in their minds that expenditures are tightly controlled, and some will even attempt to cite examples. But what most of these people fail to realize is that the money they are citing is actually 'recycled' money in the form of loans, often bonds, which are essentially taxpayer money which has been 'embezzled/extorted' by politicians down to zero, and then used as collateral to borrow that same money back in the form of municipal and other types of bonding or funding 'instruments'. The political machine wastes all the money first, and then turns around and borrows that same money back again (at added expense to the taxpayer...in the form of facility charges and excise taxes (among others)). Then, these same people go all 'accountant' when questioned about their expenditures and use examples of how they tightly "controlled" this recycled money all while patting themselves on the back for doing a great job! Bullshit! You get ripped off not once, not twice, but three or more times.
In a nutshell taxpayers should consider themselves lucky because it's not about taking the glass shards out of the vaseline, no, you don't get any vaseline at all!! Nor do you get a kiss afterwards! Just bend over!
