This page contains a single entry from the blog posted on May 6, 2010 11:16 AM. The previous post in this blog was How it's done, cont'd. The next post in this blog is Novick goes hack. Many more can be found on the main index page or by looking through the archives.

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Thursday, May 6, 2010

Fill in the blanks

[T]he City of ________ touted its internal controls in the municipal bond issuing documents, noting that the City of _________ received the Certificate of Achievement for Excellence in Financial Reporting from the Government Finance Officers Association of the United States and Canada. At all relevant times, however, the City of ________ was improperly and illegally shuffling money between various City of __________ accounts in an effort to cover up its existing fiscal crisis.
No, it's not Portland. At least, not yet.

Comments (5)

I just printed the 110 page document on some paper from a clear-cut forest when I read this on page 2:

"This document is printed on 100% post-consumer waste recycled paper."

Oh well, that's one bell I can't unring now.

Well, here it comes. Greece is leading the way of the future. That's what happens when the union runs the country. Did you know that while the cost of our schools keeps going up, they number of teachers has been declining, replaced by administrators and union leaders? The same is happening in the Barcelona Plan. Portland is right behind with our failing bonds and ignorant, car salesmen (and women) politicians. I am voting for people from the real world, not surreal world politicians. PS the market fall is because Wall Street knows that the Fed is holding Europe up with our money. It is slipping and when it goes it will start an avalanche. Can anyone say Bank Holiday"

I have never heard of a fiscally conservative Socialist or a successful "Green Economy", it is held up with government funding until it breaks everyone. like Spain.

Gaia Scrip is on its way. Why stop with the Euro?

A friend of mine keeps a $100,000,000.00 dollar bank note from Nigeria on his desk these days.
It is worth about 6 cents (USD) right now.

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