Episode 155: Critically Analyzing the CAFR scandal (guest: Carl Herman)

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Carl Herman is a Teacher, Harvard Graduate, and writer at Washingtonsblog.com. In 2012, Carl wrote a series of articles claiming that California’s Comprehensive Annual Financial Report showed a $600 billion tax surplus, essentially meaning that the State was not in the financial trouble that it claimed. In this episode of Smells Like Human Spirit, Guy Evans asks the important questions and tries to verify if talk of a monumental financial ‘scandal’ is warranted. Enjoy!

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