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Detroit Schools 'Misplace' $30 Million from Feds for Pensions
Michigan Capitol Confidential ^
| 5/9/2016
| Tom Gantert
Posted on 05/12/2016 5:04:34 AM PDT by MichCapCon
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To: MichCapCon
Govt people need to go to jail or the malfeasance will never stop.
To: major-pelham
All donated to Hillary Clinton.
3
posted on
05/12/2016 5:15:00 AM PDT
by
urbanpovertylawcenter
(the law and poverty collide in an urban setting and sparks fly)
To: MichCapCon
Misplace is an odd choice of words. I don't think it would be used if I misplaced my check to the US treasury. I guess it depends on who is doing the misplacing. Hypo allocation works the same way too.
4
posted on
05/12/2016 5:21:27 AM PDT
by
zek157
To: MichCapCon
My small town misplaced $2M from our school budget a few years ago.
They told — about a thousand times — that it hadn’t been embezzled. Every meeting. Over and over and over. It wasn’t embezzled.
It wad “an accounting error”.
5
posted on
05/12/2016 5:30:29 AM PDT
by
ClearCase_guy
(Nation States seem to be ending. The follow-on should not be Globalism, but Localism.)
To: MichCapCon
Is that like the $6 Billion the state department couldn’t account for while Hillary was SoS?
6
posted on
05/12/2016 5:30:52 AM PDT
by
jacknhoo
(Luke 12:51. Think ye, that I am come to give peace on earth? I tell you, no; but separation.)
To: MichCapCon
Show of hands if you expected any other outcome ...
Anyone?
7
posted on
05/12/2016 5:32:59 AM PDT
by
Tax-chick
("We like us the way we are. That makes us real, true friends." ~ The Undead Thread)
To: MichCapCon
Do where is the 30 million? Invested in a separate account? Cashed and spent on something else?
8
posted on
05/12/2016 5:34:43 AM PDT
by
taildragger
(Not my Monkey, not my Circus...)
To: MichCapCon
Is that Like the 6.6 Billion the Pentagon lost during the Iraq reconstruction during Bush 2?
9
posted on
05/12/2016 5:35:25 AM PDT
by
jacknhoo
(Luke 12:51. Think ye, that I am come to give peace on earth? I tell you, no; but separation.)
To: MichCapCon
(1) There should be no such thing as “funding” from the US Department of Education. What that means is that citizen’s property taxes are sent to Fedzilla to be redistributed. Locals should refuse this three-card-monty scheme.
(2) There should be no such thing as a US Department of Education. It’s is a matter of Constitutional integrity.
(3) Setting aside points (1) and (2) above...why didn’t Fedzilla make a “direct deposit” into the pension fund?
10
posted on
05/12/2016 5:39:21 AM PDT
by
Cletus.D.Yokel
(Catastrophic Anthropogenic Climate Alterations: The acronym defines the science.)
To: taildragger
Martha Reeves has a new backyard, in-ground pool?
11
posted on
05/12/2016 5:40:48 AM PDT
by
Cletus.D.Yokel
(Catastrophic Anthropogenic Climate Alterations: The acronym defines the science.)
To: MichCapCon
Lotsa caddys and bling all around.
12
posted on
05/12/2016 5:43:17 AM PDT
by
Blogatron
(...and the train it won't stop going, no way to slow down.)
To: major-pelham
Govt people need to go to jail or the malfeasance will never stop.Well I like the thought, but we're gonna need a bigger jail system.
13
posted on
05/12/2016 5:45:55 AM PDT
by
1Old Pro
To: zek157
Did they check the seat cushions on the sofa?
14
posted on
05/12/2016 5:48:33 AM PDT
by
glorgau
To: MichCapCon
Criminals plus lawless government = criminals continuing their criminal behavior. Are there no government “workers” who aren’t no integrity jerks?
15
posted on
05/12/2016 5:59:13 AM PDT
by
hal ogen
(First Amendment or Reeducation Camp?.)
To: MichCapCon
How is this not criminal ¿
16
posted on
05/12/2016 6:09:01 AM PDT
by
ßuddaßudd
(>> F U B O << "What the hell kind of country is this if I can only hate a man if he's white?")
To: MichCapCon
Which is why every time I hear cries of “we need more money for the children”, I respond with:
“No, you need to better manage the money already entrusted to you.”
Administrators, Unions, show-piece facilities, non-value added curricula....
17
posted on
05/12/2016 6:29:36 AM PDT
by
G Larry
(ILLEGAL IMMIGRANTS impose SLAVE WAGES on LEGAL Immigrants.)
To: MichCapCon
Why is the U.S. Department of Education funding local pensions?
18
posted on
05/12/2016 6:44:58 AM PDT
by
2banana
(My common ground with terrorists - they want to die for islam and we want to kill them)
To: 2banana
Isn’t it a little strange that the guberment can trace a $15. deposit from a private citizen to Switzerland or someplace but cannot trace a 30 million dollar loss from a guberment organization?
All money leaves a paper trail.
19
posted on
05/12/2016 6:54:50 AM PDT
by
oldasrocks
(They should lock all of you up and only let out us properly medicated people.)
To: MichCapCon
why are we paying for their pension is the question we should be asking.
It’s not our fault they can’t budget their money. It’s not our fault they didn’t pay enough in taxes or gave them too much in compensation.
The only sectors rich enough and dumb enough to offer pensions are government and oligarchs.
20
posted on
05/12/2016 7:58:40 AM PDT
by
SPRINK
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