PDA

View Full Version : AP Exclusive: Calif. 9/11 fund raided for deficits



wingrider
05-30-2012, 01:29 AM
SACRAMENTO, Calif. (AP) — After the 2001 terrorist attacks, California lawmakers sought a way to channel the patriotic fervor and use it to help victims' families and law enforcement. Their answer: Specialty memorial license plates emblazoned with the words, "We Will Never Forget."
Part of the money raised through the sale of the plates was to fund scholarships for children of California residents who perished in the attacks, while the majority — 85 percent — was to help fund anti-terrorism efforts.
But a review by The Associated Press of the $15 million collected since lawmakers approved the "California Memorial Scholarship Program" shows only a small fraction of the money went to scholarships. While 40 percent has funded anti-terror training programs, $3 million was raided by Gov. Jerry Brown and his predecessor, Arnold Schwarzenegger, to plug the state's budget deficit.
Millions more have been spent on budget items with little relation to direct threats of terrorism, including livestock diseases and workplace safety.

http://news.yahoo.com/ap-exclusive-calif-9-11-fund-raided-deficits-070528674.html


I guess this goes to prove that the Cailfornia government doesn't have a problem taking money from a designated fund and spending it any way they wish...

MMC
05-30-2012, 07:22 AM
SACRAMENTO, Calif. (AP) — After the 2001 terrorist attacks, California lawmakers sought a way to channel the patriotic fervor and use it to help victims' families and law enforcement. Their answer: Specialty memorial license plates emblazoned with the words, "We Will Never Forget."
Part of the money raised through the sale of the plates was to fund scholarships for children of California residents who perished in the attacks, while the majority — 85 percent — was to help fund anti-terrorism efforts.
But a review by The Associated Press of the $15 million collected since lawmakers approved the "California Memorial Scholarship Program" shows only a small fraction of the money went to scholarships. While 40 percent has funded anti-terror training programs, $3 million was raided by Gov. Jerry Brown and his predecessor, Arnold Schwarzenegger, to plug the state's budget deficit.
Millions more have been spent on budget items with little relation to direct threats of terrorism, including livestock diseases and workplace safety.

http://news.yahoo.com/ap-exclusive-calif-9-11-fund-raided-deficits-070528674.html


I guess this goes to prove that the Cailfornia government doesn't have a problem taking money from a designated fund and spending it any way they wish...


Yeah.....they did the same in Illinois with the City Workers Pension Fund they were suppose to be putting money into. Instead the Demos raided it and put them into the hole for over a billion dollars. Causing the City Workers to take it to Court. Again over 60 years of the Demos doing shit like this in California and Illinois.

How can they say their track-record isn't a failure?

URF8
05-30-2012, 03:00 PM
When politicians become desperate things like this are going to happen.