[stevio]

Absolutely about time. But you have to wonder, why now?

[Liz]

The stench from these sanctuary cities is fouling the air and turning America into a lawless Third World hellhole. There's more ways than one to skin these sanctuary cities. Read on, FReepers.

A muni-bond expert recently exposed city bond financing schemes as a house of cards (Chicago). Examining city bond documents uncovered taxpayers were royally rooked---and were paying billions for:

<><> greedy politicians' shady financial legerdemain,

<><> including using long-term financing to cover day-to-day expenses,

<><> using bonds to pay pension obligations, and,

<><> misappropriating returns from the interest rate swap portfolio as a free-for-all “ATM” for pols.

Bonding is eternal taxation. Insider deals bonding companies made w/ shady pols to get sanctuary city bonding business would tell a tale of greedy pols accumulating riches through massive govt corruption.

If these sanctuary city bonding deals were effectuated by way of referendum at the ballot box----and misled investors into buying tax-fee muni bonds----the SEC would be interested.

EMAIL enforcement@sec.gov