Bonds

Bonds = government “slush funds” for fraud, waste & abuse, ….time and time and time again!

Recognizing that government bonds are simply deferred taxes (that compound dramatically over time), they should be avoided, especially since there is never any INDEPENDENT oversight or accountability on where the money is spent. State and local governments should take action to pay off existing bonds as quickly as possible, and refrain from the issuance of new bonds.