Ping.
UNC just endorsed Romney by this action.
NOTE WELL The SEC and IRS would be interested in tax-exempt state/muni bond revenue being used for illegal purposes----purposes that were not disclosed to voters when they promoted education bond referenda.
The ever-vigilant IRS, and the SEC----not to mention banking oversight agencies---- would also be interested:
EXHIBIT A states and munis using proceeds from tax-exempt bond issues to finance illegals would be prime targets---- particularly b/c using tax-exempt dollars for illegal purposes is a crime.
Now, bond issues approved via referendum at the ballot box is a criminal biggie---since full disclosure WRT use of the tax-exempt monies was not made to potential "investors" in tax-exempt bonds---who have now been unwittingly opened to IRS and SEC fraud.
Investors in tax-exempt muni bonds might sue state and municipal perpetrators.
EXHIBIT BThe Bank Secrecy Act----as follows: banks are required to establish, implement and maintain programs designed to detect and report suspicious activity indicative of money laundering and other financial crimes WRT to agencies receiving govt monies.
“The Bank Secrecy Act was enacted to protect the banking public from harm by identifying and detecting money laundering from criminal enterprises, terrorism, tax evasion or other unlawful activities,” explained the the special agent in charge for IRS Criminal Investigations.
NOTE WELL The Bank Secrecy Act was passed to protect the public from harm by identifying and detecting criminal enterprises, money laundering, tax evasion and other unlawful activities.....including terrorism (L/E has proof-positiVe that Mexico is the staging area for the Third World invasion of the US---(composed of global terrorists bent on destroying America).
Ccontact these agencies pronto:
enforcement@SEC.gov
IRS toll free 1-800-829-1040
FBI TIPS PAGE https://tips.fbi.gov/
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EXHIBIT CAlso culpable are govt regulated bonding agencies who are underwriting (and profiting from) state education bonds. All of the financial transactions of govt regulated bonding agencies who are underwriting education bond issues need to be examined for possible fraud, collusion and conspiracy to collude.