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First off we are not talking about just federal here. This is a corporate central controlled hierarchy. They are all connected.
Secondly, they call it other things. Such as assets, business activities, revenues. These are all interlinked financially, however, which is why I said commingled funds were of special interest. I suggest you do a bit more investigating. Looking at direct financial reports is very eye opening. The special accounting rules are very interesting, as well.
You just described what anyone learns in a financial accounting 101 course. Everyone knows that stuff. Again - the government is not a profitable enterprise, and you haven't described anything in this thread that isn't very, very normal for any set of financial statements.
Wow, fantasyland personified. And I thought the radical libs were out of touch with reality.
I'm sorry, governments do not invest in businesses and own them. Well, if it does, it's called "nationalizing", like Venezuela did to the oil companies.
Where'd whoever this nutcase is come up with this idea, anyway?
Governments raise revenue by taxation. Not by investing in enterprises.
Go look at any CAFR and you will see that taxation is used to create the fund. The large wealth comes from the investments. This is public information. Have you ever looked at a CAFR? Go look at who "institutional" investors are.
They do invest in them, they purchase shares and are controlling shareholder. They use proxy voting through corporate governance. If you are not going to bother researching and looking at what is there in plain site, you will remain in the dark, thinking this is a fantasy.
Following the money takes time, but it is there for the most part.
You just described what anyone learns in a financial accounting 101 course. Everyone knows that stuff. Again - the government is not a profitable enterprise, and you haven't described anything in this thread that isn't very, very normal for any set of financial statements.
Of course it is normal. It is corporate accounting. The special accounting rules are unique for this type of accounting, however, and adds to the profits.
You can go look at any CAFR and see the profits. If you chose to not see them, your choice.
Of course it is normal. It is corporate accounting. The special accounting rules are unique for this type of accounting, however, and adds to the profits.
You can go look at any CAFR and see the profits. If you chose to not see them, your choice.
I did watch your video. He is wrong. He is calling income profit. They are two completely different things.
Financial wealth inequality in America: it's worse than you think...
"Financial inequality": (n) A bogeyman created by people who want to fool you into believing that if one man is wealthy, he got that way solely by stealing from those who aren't wealthy. This is done so that the person spreading the fable, can justify stealing from the man who is wealthy.
So you just gonna pretend that the top !% is getting more and the poor is getting less is not happening? Keep throwing out the jealously crap though to protect your god the rich people. Why is it that the rich want more money that is okay but if the poor want more money they are jealous.
So you just gonna pretend that the top !% is getting more and the poor is getting less is not happening? Keep throwing out the jealously crap though to protect your god the rich people. Why is it that the rich want more money that is okay but if the poor want more money they are jealous.
No problem there. The debate comes in around the mechanism for getting it.
So you just gonna pretend that the top !% is getting more and the poor is getting less is not happening? Keep throwing out the jealously crap though to protect your god the rich people. Why is it that the rich want more money that is okay but if the poor want more money they are jealous.
Yes, they are jealousy, resentful and greedy.
Obama knew what he was doing when he played on your jealousy and resentment encouraging you to allow these emotions to show it's ugly face when he had you ranting "Tax the Rich". Isn't it kind of silly to think that tearing someone else down builds you up? Resentment of success is like drinking poison and waiting for the other person to die.
What is jealousy but a reflection of your own failures?
So you just gonna pretend that the top !% is getting more and the poor is getting less is not happening? Keep throwing out the jealously crap though to protect your god the rich people. Why is it that the rich want more money that is okay but if the poor want more money they are jealous.
Greed, envy, resentment and jealousy: these are not vices anymore. No, these are now marketing tools. And Obama used them like an expert to sell the poor on going after other Americans to insist on more money being funneled to the government, the poor still just get the bones.
“The difference between greed and ambition is a greedy person desires things he isn't prepared to work for.”
― Habeeb Akande
“Every great cause begins as a movement and turns into a racket.”
“Political corruption, social greed, and Americanized quasi-socialism can ruin even the most wonderful places. California proved that.”
― Tiffany Madison
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