Sunday, November 27, 2011

CAFR Government's Best Kept SECRET!!!

Comprehensive Annual Financial Reports Government's Best Kept Financial Secret

The first portion of this post is based on information compiled by:
Walter Burien - CAFR1.com
P. O. Box 2112
Saint Johns, AZ 85936
Tel. (928) 458-5854
       
The Comprehensive Annual Financial Report (CAFR) is a very little known, yet detailed presentation of a US governmental entity's financial condition. The CAFR is also one of government's best kept financial secrets, as these reports show that almost all governments have far more money than people would ever suspect. Literally hundreds of billions of dollars are available to governments in investment accounts that are never mentioned to the public, as verified in these publicly available government reports.
What CAFRs reveal is a devious policy whereby taxpayers collectively surrender enormous assets to the government, which then invests the trillions that swell in these accounts. As this money is secreted away, taxpayers are warned of debilitating budget deficits to either squeeze more taxes from them and/or cut public services. To add insult to injury, the state commits a gross lie of omission by never informing citizens of their withheld trillions as they eliminate jobs, reduce education, and attack the quality of our lives.
The American Constitution is a contract of limited government whereby the public informs and is informed by our representatives. CAFRs are damning public documents that expose political leadership from both left and right as a thoroughly corrupt and self-serving oligarchy.
Below is a link to a 10min video on why the government is NOT really broke!  Further on is the full length first edition of the video.
Walter Burien - CAFR1 Trailer http://www.youtube.com/watch?v=uy8tnC4xLX8
The way our government can "and" should be.
This first cut is a video that is essential for viewing by every responsible American (1hr 12min). The "Final Cut" should be finished in 2012. (1hr 30) and will be released on DVD.
Why have political leadership and corporate media not informed American taxpayers of this intriguing option? And why isn't this data publicly submitted for professional and independent economist cost-benefit analysis to consider other options which benefit both government and the people? As we all know, money talks and power corrupts.

According to Mr. Burien, "Any local government can be restructured to meet their annual budget needs "Without" taxes. TRF (Tax Retirement Funds) paying for every City, County, State’s annual budgetary needs!"  Probably this is also true even for the federal government, as seen in the video.
Check out this recent 60 minutes discussion of congressional "insider trading" which because of the laws that congress has passed in their favor they have made perfectly "legal".  In my estimate, these activities by the "representatives of the people" are highly immoral.  See whether or not you agree.


60 Minutes' Blows The Lid Off Congressional Insider Trading
http://www.youtube.com/watch?v=x95uC_wzUX4




The deceipt about the economic conditions is designed to keep us enslaved, and when financial reality is all but impossible to ignore, we are bombarded with bread and circuses, which invite the masses to lust after the latest electronic gagets, distract them with televised entertainment (think the gladiator sport of football, or dancing with the stars, even the "greatest looser" showing off how our overly obese society has to resort to contests with each other for prizes in order to remove their excess pounds).  Truth be told, however, that like Greece and Italy and a good portion of Europe, the U.S. (corporate) government is headed down the slippery slope to insolvency.

Meanwhile, YOU are taxed when you earn (payroll taxes, paid by your employer), taxed when you save (capital gains taxes) and taxed when you spend (sales taxes). You're even taxed when you just sit on a pile of money and do nothing (monetary devaluation / price inflation). And remarkably, some of the more ignorant members of society have been out protesting, calling for more taxes on the People as a "solution" to all this!

The purpose of the federal tax code is to keep us down, heads buried in the sand so that we can never see the light, rise up and get ahead.  Taxation is a financial shakedown, used by governments to remind us commoners that we are slaves to the state.  In this way, federal taxes are very effecitve, all the while the IRS reminds everyone to "be afraid" and to comply in paying a tax that is technically  "voluntary". 
The bankster bailout monies went to their Insider pals, while the debt burden was heaped upon the working poor, and their children, grandchildren and future generations... the problems in America are not caused by capitalism, but rather corruption and criminality!  
The greater truth of money is that it is created through the energy and creativity of the people.  When a society begins to falter, the gaining of money is not by  consent of those trading their energy for reward, but by compulsion, and when you find that in order for you to produce any goods or services you need to obtain permission from those who produce nothing, you will realize that when men become richer by graft and by influence than by work, when you see that corruption is being rewarded and honesty is becoming a sacrifice of self, you will know that your society is doomed.
"Whenever destroyers appear among men, they start by destroying money, for money is men's protection and the base of a moral existence. Destroyers seize gold and leave to its owners a counterfeit pile of paper.This kills all objective standards and delivers men into the arbitrary power of an arbitrary setter of values.  Gold was an objective value, an equivalent of wealth produced.  Paper is a mortgage on wealth that does not exist, backed by a gun aimed at those who are expected to produce it.  Paper is a check drawn by legal looters upon an account which is not theirs: upon the virtue of the  victims..... Do not expect them to produce, when production is punished and looting rewarded."
The above is Francisco d'Anconia's reply to the claim that "money is the root of all evil." from Ayn Rand's Atlas Shrugged, "THE MEANING OF MONEY".
Money in itself is not the evil, it is the corruption that accompanies the acquisition of it by dishonest means.  Ultimately, power corrupts and absolute power corrupts absolutely!.

Till next time,

Merlyn

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