What if.....the Democrats needed lots of money for the 2008 campaign and took it out of state funds in California? Now it’s being paid back, probably by drug dealers. How would you explain it? Remember the Democrat campaign fund manager who went to prison because of all that “lost” Democrat campaign money? And California elects every liberal on the ballot, but votes down legalizing marijuana? Drug money owns the California Democrat party.
$286 million in “misplaced” funds.
Wraped up in plastic and stored in the freezer? that kind of “misplaced” funds??
Municipal accounting rules are very different from corporate accounting. Until the rules for municipal accounting change there will continue to be lost pockets of money. These funds are ripe for misuse/theft/graft...