DIVIDED WE FALL UNITED WE STAND FOR
AMERICANISM ... AS NEW LEADERSHIP ARE GOING TO BE ELECTED IN NOVEMER 2024.
Who are you going to vote for? Reelect President Biden, Harris or reelect Trump, Vance. A two-party system
that has mismanaged the USA into insolvency. What is insolvency.
Well for institutional accounting that is used by the Federal, State and Local institutions of government. Much like a church that is low on passing the plate revenue that covers the shortfall (insolvency) with borrowing from
the bank or the prisoners called the capital improvement
fund. Aha fund accounting is the way to hide insolvency.
Just add the borrowing into the receipts side of the budget and claim you've balanced the budget ... in fact we
have a surplus if we don't pay the preacher ... who threatens to quit if they don't pay his mortgage payments and salary.
That divides the assembly into the right and left side of the aisle. Divided the church will close if it doesn't raise money from the richest members with a fund drive for building a new church. Then the budget committee pays the bills out of the capital development fund.
That's institutional budgeting and hiding the short fall
by calling it the capital fund should cover the shortfall. The only way to avoid insolvency of institutional accounting is to never agree to implement accrual accounting.
That’s where the current debt clock www.usdebtclock.org is the only to measure the solvency of the America government at all levels. It does add in the set asides promised to the voters. Telling them its taxation that will save the deficits.
Bigger lies never existed.
