
By Anna Von Reitz
Al Capone's bookkeeper was a very talented and
engaging young accountant named Easy Eddie O'Hare. Easy Eddie gave us O'Hare
International Airport in Chicago, thanks to his war hero son. And he gave us
the system of accounting that he designed for Big Al, via the FBI and IRS, and
later adopted by the Government Accounting Office in 1946.
This is officially called "Double Entry Accrual
Bookkeeping" or more commonly, "keeping two sets of books".
The IRS and FBI found out about this nifty
trick accounting when they were investigating ---- and prosecuting ---- Al
Capone. They liked it so much that the "Government of the United States"
officially adopted it following the Second World War.
The concept is simple. Split the "streams of
income" into budgeted and non-budgeted categories. Then present only the
budgeted amount for public notice and discussion. People will naturally assume
that the budgeted amount is all there is and not ask about the non-budgeted
income----which becomes a giant secret slush fund.




