Future Shock: Why Today’s Votes Mortgage Tomorrow’s Dreams
Truman wanted it, so did Eisenhower, Johnson and Nixon. And, while the States already are required to do it, the federal government is not, even though it has been discussed for over 60 years and a public law was actually passed in 1956 requiring it. Only now is Congress seriously considering it — that is, if it’s not buried by politics once again. The “it” I am talking about is the accrual system of accounting, used in the private sector and enforced by the Securities and Ex
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