Showing posts with label CAFR. Show all posts
Showing posts with label CAFR. Show all posts

Monday, March 10, 2014

Institutional Psychopathology?

The Comprehensive Annual Financial Report, the CAFR, reports the the scope and size of government investment wealth, which is, despite what you're told, immense.

In America, there are over 230,000 individual government corporations (230,000 investing in corporations) and each of these must file a CAFR. This source document, the CAFR, is a requirement of law for every government corporation. This investment wealth is NOT reported to the people. In other words, it is not reported on the Budget report which is the dumbed-down version of the CAFR--the same report with a lot less information. The government utilizes creative accounting: How do we turn an asset into a liability? It's a presentation through creative accounting to show there is no money when in fact, billions of dollars exist in that local government.

So what exactly is the CAFR, aside from the fact it's a giant investment scheme to extract the wealth of the nation?

It's a set of U.S. government financial statements comprising the financial report of a state, municipal or other government entity that compiles the accounting requirements promulgated by what is called the Governmental Accounting Standards Board (GASB), which is a private nongovernmental association. They provide the standards for the content that’s in that report called the CAFR. Every CAFR is audited by an external accounting firm of certified public accountants (CPA).

You see, by law, corporations must earn profits for their shareholders of which government is the main shareholder. It’s a HUGE conflict of interest, because, by law, governments must act on behalf of corporate profit, NOT, we the people.

For example, according to the Military CAFR, they have over a trillion dollars in the military pension funds. That’s larger than the amount of cash circulating (M1) in the U.S., yet, what is government doing? They're slashing the military benefits of American military families, including pensions .

CAFR School with Clint Richardson:

CAFR School One

CAFR School Two

CAFR School Three

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Saturday, January 04, 2014

The "Warm and Fuzzy" Agenda to Control Mankind.

Smart grids, smart growth, smart phones, smart meters, smart cities, smart streets...are they trying to tell us something? That we're not smart enough to run our own lives without all of this smart technology?  Of course they are, but the real purpose behind all of this overwhelming smart and inter-connected technology is the control of individuals through steady indoctrination, and procure compliance from a centralized "government". At the same time, this smart technology is gathering all the information they can about you so they can track your every move if they so desire. Meanwhile, the proliferation of superficial and shallow "relationships" maintained by texting, tweeting and Facebooking are becoming the new normal. That may sound conspiratorial (see image above) but that's because it is. There is an agreement by powerful people in high places to deceive us into cooperating with a system that will try to control every aspect of human life. It goes by many names, often warm and fuzzy, but underneath it all, it's Agenda 21.

According to Rosa Koire,
UN Agenda 21/Sustainable Development/Globalization is the standardization of systems in order to facilitate global control. ICLEI was created as a non-governmental spin-off by the United Nations in 1990 to implement Agenda 21 locally across the world. Headquartered in Bonn, Germany, it is a lobbying and policy group that is designed to influence and change local governmental policies related to all aspects of human life. By concentrating power in cities this group circumvents requirements for ratification of international treaties and gives the illusion of local control. In fact the cities then ally in regional conglomerates which break jurisdictional boundaries and will destroy local control. Ultimately this facilitates global governance by invalidating individual cities, counties, states, and nations with contractual agreements and interwoven systems.

The Kyoto Treaty is an example of this. The United States did not ratify Kyoto, a commitment to reducing greenhouse gas emissions by adopting carbon trading, repudiating sprawl, and changing land use. But 1,055 United States Mayors did agree to Kyoto, indirectly, by signing onto ICLEI's Mayor's Climate Protection Campaign. Seattle, Bellevue, Bellingham, and many other Washington cities signed it. In fact it was the brainchild of Seattle Mayor Greg Nickels.
Jeb Brugmann, founder of ICLEI (International Council For Local Environmental Initiatives) says the agenda is to "re-engineer what a city is." ICLEI was created, in 1990, as a non-governmental spin-off by the United Nations to implement Agenda 21 locally across the world and ICLEI's international standards have crept into our code and regulations in all of our cities, counties, states, school districts, etc..

Common Core standards are a big part of Agenda 21.  Below, Clint Richardson explains:



So far, 45 states have passed Common Core.  It will only take five more states and Common Core will be federal law:


According to Clint Richardson, CORE Education and Technologies LTD, the "for-profit education corporation that teaches American children and teachers hails not from the United States – but from India." Their annual financial report can be found here



Moreover, speaking of control, did you know that there is a "Constitutional Free Zone" in the United States? I did not, but there is a 100 mile border around the U.S. that contain 2/3 of the population—197.4 million people! Airports throughout the country are also included no matter where they are located. The Dept of Homeland Security has the authority to stop, search and detain anyone for any reason within the constitution free zone, resident or traveler.

Constitutional Free Zone
Agenda 21

Links:

Agenda 21 Land Grab: Facts and Resources

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Friday, December 06, 2013

The Precedent is Set for the Cutting of Public Employee Pensions Across the Nation.

Is "Bankrupt" Detroit, in which "a judge [U.S. Bankruptcy Judge Steven Rhodes] in Michigan ruled that the bankrupt city of Detroit can impose cuts to its municipal pension plans" the new paradigm for dealing with "municipal bankruptcy" for the rest of the US? Now remember the "fictional municipal corporation government called the “City of Detroit” bankruptcy is a huge lie! Of course there is no mention of what Clint Richardson  refers to as "the legal crime operating behind these horrific scenes and reported in the Comprehensive Annual Financial Report (CAFR)."

In case you haven’t heard, municipal bankruptcy is now all the rage. When smaller municipal corporations (only corporations can declare bankruptcy) had little resistance as test cases for these outrageous claims of fraudulent bankruptcy and default, the larger municipalities gained the confidence that the financially illiterate cesspool of people as citizens don’t know there heads from a hole in the wall when it comes to the financial reporting apparatus of government. The people were determined to be sufficiently ignorant of even the basic checking account balance of the general fund in their local governments and school districts, let alone the massive collective government investment scam robbing them of the entirety of their wealth, making it reasonable to assume that these municipal corporation’s financial position would likely never be challenged by that clueless mass of the indentured. And so the latest trend of conspiracy and fraud against those debt-slaves continues… this time in the not so great City of Detroit.
In other words, Detroit is a test case for the rest of the nation in the ongoing agenda of the predatory class to steal our wealth.

San Bernardino,, California, you're next.
The ruling comes as a bankrupt California city, San Bernardino, edges closer to a possible legal showdown with CalPERS over the sanctity of public employee pensions. Although the decision in Detroit doesn’t directly affect what happens in San Bernardino, legal experts said it will strengthen the California city’s hand as it tries to reduce its multimillion-dollar pension obligations.
However, as Clint Richardson states:
In short, the Governor of the great corporate State of California is lying to his taxpayers through the act of omission of these CAFR facts, by only referring to a hand selected portion of that CAFR, which is called the State’s annual budget report. While this should be tried as perjury, the laws of the State/Federal government protect him from this ever happening.

To help in your understanding, let’s say that you were to have a checking account with $1,000 and a savings account with $10,000 in two different banks, and that you only reported to the government that you had $1,000 dollars as your net worth because you don’t want to use your savings account to pay bills (taxpayer obligations) to government. You’d be audited and put in a federal debtor’s prison. But for government, the simple designation of “non-governmental” or “non-taxpayer” income and investment returns allows them to hide all of this wealth from the people and the “Budget Report”, while never mentioning the funds and wealth in the CAFR report. The only difference is that government does this legally – because government makes its own laws!

Why do they do this?

The answer is simple, really… TO JUSTIFY THE CONTINUATION OF, THE RAISING OF, AND CREATION OF NEW TAXES!!!
Public Employees’ Retirement Fund (CalPERS) – $241,761,791,000

Public Employees’ Health Benefits Fund (CalPERS) – $1,866,877,000

State Teachers’ Retirement Fund (CalSTRS) – $155,345,815,000

Teachers’ Health Benefits Fund (CalSTRS) – $598,000

Deferred Compensation Fund – $9,365,582,000

Judges’ Retirement Fund (CalPERS) – $54,146,000

Judges’ Retirement Fund II (CalPERS) – $575,833,000

Legislators’ Retirement Fund (CalPERS) – $123,476,000

State Peace Officers’ and Firefighters’ Defined Contribution Plan Fund (CalPERS) - $499,873,000

Supplemental Contributions Program Fund (CalPERS) – $19,658,000

Other pension and other employee benefit trust funds – $10,117,000

————————————————————————————-

TOTAL IN PENSION/EMPLOYEE BENEFIT FUNDS = $409,623,766,000




...for this is the lie that is propagated to the public about the nature of pension funds. I would suggest you watch my documentary, The Great Pension Fund Hoax for a detailed look at pension funds.

In reality, the 270 billion dollars that is invested in CalPERS and the 200 billion that is in CalSTRS pension funds has nothing to do with paying for benefits, which total about 9 billion each year.

Calpers made a 27 billion gain in its investment pool after all benefits were paid to employees and retirees. So do you still think that these assets as investment funds (pension funds) are “liabilities:? How can they be liabilities if they are making massive profits after all liabilities are paid???

The truth is that pension funds grab TAXPAYER money out of the taxpayer base in order to “match” or pay for pension obligations – laws created to steal money and put it in the pension system. For every employee of the State, more money gets exacted from the public to pay into the pension system.

But here is the kicker… the employee has no equity in that money! While he or she can quit or get fired and take back what he contributed to the fund, the entire taxpayer contribution stays in the fund, and the employee cannot touch it. millions and millions of federal and state employees, each one supported by taxpayer money, and some pension funds do not require employee contributions, only government (the people) fund them with taxmoney. Ive seen the ration of contribution from 100% matching of employee funds to 45oo% of matched employee funds from the tax base. The employer is government and government is funded by taxmoney.

Now, with that said, it is your perception that is the problem. You perceive the good intentions of the pension system, and don’t comprehend the true corporate nature of it. You find justification for the above to support “retirement”, even though the purpose of pension funds was to extract taxmoney and invest it worldwide to build up the entire global economy for which pension funds are the largest holder of stock. And you, who may or may not receive a pension, believe that I (who does not recieve a pension) should pay for those employees who do. Why should I pay tax money to support a pension system that does not benefit me in any way, shape, or form, and in fact harms me by consolidating power and wealth into government hands?

Finally, you should know that if (or when) States begin to declare bankruptcy, which in my opinion is part of the master plan to rape the people once again, the pension system for that State will be taken, and no employees will see any of that money for retirement. Remember, a “contribution” is literally the act of giving away your money voluntarily. You do not own the money you have contributed, and can only get it back if you live long enough (which the fund hopes you don’t) and if the corporation doesn’t go bankrupt.

Again, the pension fund balances are not liabilities. The fund does what is called projections to guess what future liabilities will be. But as of today, any funds within the pension fund are profit.

I hope this helps…

-Clint-


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Tuesday, October 15, 2013

What About the 2/3 of Government Revenue that Comes from Returns on Its Investments?

With all this fear-mongering about the U.S. going into default, I think it's important to understand that the government is the largest investor in the companies its supposed to be regulating and 2/3 of its revenue comes from investments (every government agency maintains its accounts in what is called the "Comprehensive Annual Financial Report" or CAFR, which is NOT the  taxpayer"budget".  It is the general accounting structure for government, a FULL DISCLOSURE of all assets and liabilities),  NOT taxes. So one might ask the government the following questions: how do you regulate a company when you're sharing in its profits? How do you avoid conflict of interest when that conflict is embedded in the established system?  How do you act without considering the revenue potential of your actions? How do you protect us from corporate evil when you are the largest most powerful corporation in the world?  Government power and wealth is corporate power and wealth. There is no separation between government and corporate agendas. It should be readily apparent through the continuing passage of laws that profit government, as well as not only the lack of enforcement applied when the political/corporate elite break the law, but their rewards as in the recent bailouts.

They tell us that our taxpayer budgets are continuously short of money from debt, taxes, tariffs, tolls, fines, levies, fees, dues, duties, orders, finance charges, excises, audits, permits, licenses , contracts, legalities, acts, rules, regulations, restrictions, requirements, requisites, prerequisites, post requisites, documentation, obligations, restraints, constraints, options, conditions, causes, tenure, status, etiquette, postage limits, speed limits, size limits, weight limits, closed circuit tv, red-light cameras, citations, tickets, quotas, equal opportunity, signs, signals, boundaries, borders, fences, zones, zoning, associations, directives, mandates, sanctions, liabilities, confiscation, eminent domain, restraint, restraining orders, position, possession, influence, ownership, control, lawsuits, punishment, capital punishment, bail, detention, psychiatric observations, rendition, custody, confinement, captivity, incarceration, arrest, manhunts, warrant, required insurance, prescriptions, registration, referrals, waiting lists, free speech zones, terrorist watch-lists, no-fly lists, and, classified information,. These are all sources of revenue for government. In other words, taxation without representation." -- Clint Richardson
The only thing that's in our favor is the government's need to pose as a public servant who performs legitimate tasks, but that mask seems to be dropping more and more every day while we continue to wring our hands and buy into the outright lies that the mainstream media report, 24/7,  in order to ensure that their masters--the unaccountable federal government--remain immune from their ever-increasing legalized "crimes". This continuous threat of government shut-downs, defaults, and going over "fiscal cliffs" is nothing but pure fiction. The reality is that our government is not interested in providing public service, because there is money to be made at our expense by promoting and creating legislation that practically guarantee corporate agendas. Keep in mind that government, directly or indirectly, own 70% of all equities on the stock markets and 80% of the Fed’s income goes back to the treasury!

How do we know this?  It is thanks to Mr Walter Burien and Mr. Clint Richardson, who have exposed a huge piece of the puzzle: that the government owns it all by investment, that we can liberate ourselves from this false reality.  We all need to learn that the political elites profit  immensely from this ongoing government-by-crisis political theater that  unfolds before our eyes everyday on FOX News, CNN, MSNBC, etc. We need to learn that the outrageous revenues that government collects through taxes, fees, permits, licenses, penalties and various forms of corruption, piracy and theft is permanently lost to public benefit.

However,  to most of us, it's much easier to digest the promoted fictions and fallacies about the Federal Reserve and the "default" that they threaten us with through, as Clint Richardson says, the "daily feeding frenzy of misinformation surrounding this investment and currency scam, where inaccuracy and downright fiction rule over any comprehension of what the Fed really is, what it does, and who its master is," than to wade through the 479 pages of deliberately confusing and boring truth that lay within the audited financial statements of the Federal Reserve and the 185,000 government CAFRs of the United States government.

From Walter Burien:
** Government was NOT supposed to operate at a profit. How did they get around this restriction?

ANSWER: If for example a city had a 100-million dollar profit for the year from any of its operations, at a stroke of a pen they create or deposit into a "liability fund" and poof, there goes the profit re-designated now as a liability.
Here is the link to the Board of Governors Comprehensive Annual Financial Report (CAFR), . for 2011, the latest and 98th audit of the Federal Reserve. According to Clint Richardson, "it explains how everything operates, its foreign investments and foreign currency swaps and schemes, its many separate limited liability corporate holdings like Maiden Lane, its dealings and bailouts with AIG, Bears Stearns, and JP Morgan, and of course its assets and liabilities balance sheet."
Within this 479 pages of dry and boring financial reporting is a full description of the Fed’s operations, including the basic financial happenings of each individual reserve bank. Yeah, I know, it doesn’t have the flair of a good “Secrets of the Temple” or “Creatures” type of novel, but its got all the actual facts and figures from TARP to SOMA. Why? Because this is what is required by federal law.

If you want to know about the Fed, read the CAFR.

If you want to know about your city, read the CAFR.

If you want to know about your county, state, district, or any other governmental agency or corporation, read the CAFR.

Here are a few highlights:

Board of Governors of the Federal Reserve System
Washington, D.C.
May 2012

To: The Speaker of the House of Representatives:

Pursuant to the requirements of section 10 of the Federal Reserve Act, I am pleased to submit the ninety-eighth annual report of the Board of Governors of the Federal Reserve System. This report covers operations of the Board during calendar year 2011.

Sincerely,

Ben Bernanke
Chairman




Read more...

Sunday, November 11, 2012

US Government's Dual Accounting System and Their Enormous Hidden Surplus

Our nation was setup as a Republic supposedly governed by the "Rule of Law" in order to protect wealthy and powerful individuals and their property from the tyranny of government and the tyranny of the mob. It is not a democracy as we're so often told. But what they don't tell you is that our nation is a massive and all-powerful corporation, complete with a Dun and Bradstreet number(s). Not only that, every single agency, county, city, township, municipality, etc., is also a corporation, also complete with Dun and Bradstreet numbers.

While some may brush this aside as the government's need to act as a corporation in order to do business on a large scale--to purchase/to supply/invest--it does not explain the two sets of books the government keeps: public and "public".  The public budget, we're told, has such a severe deficit and that is used as justification for cutting basic human services to the 99% of taxpayers who have sacrificed a good portion of their paycheck to gain these services when most needed. However, what you're not told is that this public budget only records approximately only one-third of our tax money, which brings us to the "public" budget, where the other two-thirds is reported?

As I've posted about before: here, here, here, here, here, and here,  hidden in plain sight, silenced from public disclosure, it's called the Comprehensive Annual Financial Report, the CAFR. These CAFRs, various “investment funds,” “dedicated funds” and “pension funds” show the billions, possibly trillions of public dollars that are not available to us.

"The scam works something like this: Anything that was a cost or expense for public services (the traditional side of the Annual Service Budget, such as the Department of Transportation, health and welfare, etc.) was reported on the Budget where public taxes paid 100% of the bill for those services...

However, any governmental agency that was a profit center (the Port Authority for New Jersey, the New Jersey Turnpike, an investment account, etc.) that generated non-tax revenue was “restricted by statute” from being reported in the Annual Budget. Why? Because the state legislature passed laws to prevent reporting the income from profit centers on the Budget. Instead, income from these profit centers was disclosed only on the CAFR.

But that disclosure was not immediately apparent. For example, when Mr. Burien looked for New Jersey’s 1989 “gross cash receipts” in the CAFR, he found the figure buried on page 174, under the “Waste Water Treatment Trust Fund.” It showed the amount of the total cash receipts for 1989 from all 69 autonomous state agencies and departments was almost $87 billion. In other words, New Jersey was charging $87 billion to provide $17 billion in public services. New Jersey citizens were paying $5 for every $1 in services they received, and the state was pocketing the other $4 as “profit”.

The CAFR also reported the state owned $32 billion in common stocks – but this figure was footnoted. The footnote revealed that the stocks were valued according to their original purchase price, not current market value. In other words, if the state bought a stock in 1968 at $1.25 a share and it’s worth $3,000 a share now, they still report it on the CAFR as worth $1.25 a share. Burien determined that the true market value for the “$32 billion” in stocks reported on the New Jersey CAFR was actually about $70 billion.[...]

[As of 1998] “CAFR reports indicate that the composite totals for all government
(Federal, state, county and city) ownership of publicly traded stock exceeds $32 TRILLION (53% of the total ownership of all listed stocks), $8 TRILLION in insurance company equity (should we be surprised by high priced mandatory auto insurance or unaffordable health care?), and $5 TRILLION in Bond Surety Escrow Accounts for future liability of existing or potential debt."
So while our legislators cry poverty and bankruptcy, proclaiming "austerity for the masses" from every rooftop, the truth is our government has a surplus of billions, if not trillions, in very profitable investments, unaccounted for in the budgets that  are disclosed to a very uninformed, and all too trusting We-the-People. That's right. Our federal and state governments own at least 53% of the stock in all publicly traded companies. This, of course, allows our government, at all levels, to wield enormous power over the stock market, and our economy in general, all the while casting "We, the People" into an ever-growing black hole.

Take the state of Washington's fiscal crisis and their proposal to use state higher education funds to gamble in the derivatives markets that was on the ballot--Washington SJR 8223, which thankfully did not win--once again and may be coming to a state near you. Many of these government investments are in toxic investment instruments such as collateralized debt options (CDOs) set on unstable “trading platforms,”  set to collapse in the near future. These toxic investment instruments are based on the purchase of packaged debts, and constitute legalized gambling on the stock markets with billion/trillions of our money using the most irresponsible methods imaginable. (1)

Moreover, there is a little known agency of the Federal Reserve called the Depository Trust and Clearing Corporation (DTCC) or Cede, INC. Notice, the website link is .com, not .gov. It is a private, for profit corporation as are all the government agencies. What is the DTCC? Well, once you invest money, as an individual or institutional, and it's registered with a stock broker, which is required, that money or investment is ceded--property of--to the DTCC. In other words, according to corrupt corporate statutory law, you no longer own that stock, you are a beneficiary.

(1) Now is the Time -
Rebecca Campbell, who owns this website, filed a lawsuit on behalf of all of the peoples of the world so that they might hold their own governments accountable for the crimes that these governments have perpetrated in their names against other peoples, as well as against themselves.

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Thursday, July 19, 2012

Trillions Taxpayer Money Sitting in Unpublicized Government Investment Funds

Okay, this sounds a little too good to be true, but, Foster Gamble, heir to the Procter and Gamble conglomerate, who hosts the documentary, Thrive created by Clear Compass Media LLC (making every attempt to censor Thrive Exposed), brings to light the Comprehensive Annual Financial Report (CAFR), that Walter Burien and Clint Richardson are working so hard to expose. I guess time will tell if Mr. Gamble's efforts are genuine, or, more than likely, another attempt to hijack the truth by our corporate rulers by spreading disinformation.

As cities and states struggle to balance their budgets, folks everywhere are losing their jobs, parks are closing and people most in need are getting left in the dust... Trillions of dollars of taxpayer money is currently sitting in unpublicized government investment funds and people are organizing to get it back.
This much is true, but, never underestimate the cunning and ingenious Machiavellian methods of the ruling class.

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Sunday, June 17, 2012

Austerity: Destroying the Social Contract Here and in the Euro

Is there any question that both Europe and the US governing powers side with the 1%? Corporate and bankster welfare queens abound! Socialism for the wealthy is alive and well, while the rest of us are subject to increasing austerity measures totally unnecessary considering the US government has well over $100 TRILLION in its CAFRS. That alone should tell you that the concept of austerity is not economic, but one of political control.

As Hugh says responding to the naked capitalism article:
Breaking the social contract is what kleptocracy is all about. Or rather it is about breaking one side of it. The 99% are supposed to honor all the duties of the contract, which largely means paying off the debts the 1% have incurred, supporting public institutions which the 1% control, and obeying the laws which the 1% write. But as regards the benefits for the 99% that flow from the social contract: personal and political rights, jobs, housing, healthcare, education, and retirements, these are being trashed, tossed, and looted by the same 1%.

In this sense, we are all Greece. Look at America’s decaying infrastructure, high unemployment, housing disaster, declining system of public education, student debt, overpriced healthcare that leaves tens of millions un- and under insured, pensions that no longer exist, are underfunded, or gutted by Wall Street gambling, and the multiple attempts by both parties to slash Medicare, Medicaid, and Social Security. How are we any different from Greece? How is the rest of Europe? East Asia, China, and Japan? Kleptocracy dominates them all. It plays out different ways in different countries. But the social contract is being destroyed, to the benefit of the 1% and the detriment of the 99%, in them all.



Links:

Greece has been ordered to reduce health care from its current 10% of GDP to below 6%.

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Tuesday, May 29, 2012

California Deficit is a Big Lie

Clint Richardson, author of the Reality Blog, and producer of the documentary, Corporation Nation, which exposes the Comprehensive Annual Financial Report (CAFR) - the full accounting of government and its investments...the true source of financial auditing for government that's  never spoken about publicly -in his latest article, reports once again, on "the purposeful omission of massive amounts of wealth by your government". Specifically, Jerry Brown's big lie: that California's deficit is now "$15.7 billion, far greater than the original $9.2 billion estimate in January. (CNN, May 15, 2012)"

The Simple Truth

The State Government of California has $100′s of billions in liquid investments and assets, could easily pay off all of its debt tomorrow, and would have $100′s of billions left over.[...]
Richardson  explains and proves that over $577 billion in investment fund balances aren’t being reported by the California State, (California CAFR) contrary to what Jerry Brown claims in the government's latest propaganda video.
"So… is California in such a financial deficit, as the Governor and his proposed and revised budget plan so matter-of-factly states?

This is the question that we will be answering today. But in order to answer this question, we must go to the true source of financial auditing for government, the Comprehensive Annual Financial Report (CAFR). This report – the full accounting of government and its investments – is virtually never spoken of publicly. It is not mentioned on the nightly news. And it is not referred to when addressing the people about taxpayer issues and budgetary considerations and shortfalls. In short, this CAFR report is the Holy Grail of government accounting; very difficult to read and comprehend, and worse of all… it is hidden in plain sight."
Below, Brown addresses and purposefully lies to the people of California, threatening to cut school funding by multiple billions if the people of the State do not vote in favor of his new budget plan.



Now, the first thing that must be understood is the difference between the partial “budget report” as referred to above by the Governor, and that of the Comprehensive Annual Financial Report – which is the full audit of the California government. The following paragraph is taken directly from the 2011 CAFR report, and explains this difference quite succinctly…

On page 200, the 2011 California State CAFR explains the following (emphasis mine):
“On a budgetary basis, the State’s funds are classified as either governmental cost funds or nongovernmental cost funds. The governmental cost funds include the General Fund, most of the funds that comprise the Transportation Fund, and many other funds that make up the nonmajor governmental funds reported in these financial statements. Governmental cost funds derive their revenue from taxes, licenses, and fees that support the general operations of the State. The appropriations of the budgetary basis governmental cost funds form the annual appropriated budget of the State.

Nongovernmental cost funds consist of funds that derive their receipts from sources other than general and special taxes, licenses, fees, or state revenues and mainly represent the proprietary and fiduciary funds reported in these financial statements. Expenditures of these funds do not represent a cost of government and most of the nongovernmental cost funds are not included in the annual appropriated budget…”
And so we can see that governments participate in many business activities; and we must first and foremost understand that a large portion of liquid investment assets are held within what the government calls “non-governmental” activities, including “Enterprise Operations”. These investment assets are usually kept in what are called “Investment Funds”.

But government is only obligated (by its own law) to report what it refers to as “governmental” or “taxpayer” activities to the citizenry on its “Budget/Appropriations Report”. Tax in… Tax out…

In short, the Governor of the great corporate State of California is lying to his taxpayers through the act of omission of these CAFR facts, by only referring to a hand selected portion of that CAFR, which is called the State’s annual budget report. While this should be tried as perjury, the laws of the State/Federal government protect him from this ever happening.

To help in your understanding, let’s say that you were to have a checking account with $1,000 and a savings account with $10,000 in two different banks, and that you only reported to the government that you had $1,000 dollars as your net worth because you don’t want to use your savings account to pay bills (taxpayer obligations) to government. You’d be audited and put in a federal debtor’s prison. But for government, the simple designation of “non-governmental” or “non-taxpayer” income and investment returns allows them to hide all of this wealth from the people and the “Budget Report”, while never mentioning the funds and wealth in the CAFR report. The only difference is that government does this legally – because government makes its own laws!

Why do they do this?

The answer is simple, really… TO JUSTIFY THE CONTINUATION OF, THE RAISING OF, AND CREATION OF NEW TAXES!!!

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Sunday, November 20, 2011

Ron Paul's Convoluted "Audit the Fed" Scheme.

It can't be stated enough. Ron "Audit the Already Audited Fed" Paul's donning the mantle of an outsider when, in reality, he's been playing dirty politics inside the beltway for over 30 years.  Once again,  presidential candidate, Clint Richardson, who produced The Corporation Nation  - which exposes the hidden wealth and investment totals of the United States, Inc. - proves it again.  In the video below, he asks why HR 1207, the predecessor to Ron Paul's “HR 459, The Audit the Fed Bill to the 112th Congress“ that "garnered broad bi-partisan support with 320 cosponsors in the 111th Congress - enough votes to pass in Congress - was transformed from a free-standing bill into an amendment,  which was attached (but removed in conference) to the Dodd-Frank Financial Reform Bill“.

Not to mention, in the description of another bill that Ron Paul sponsored this year - H.R. 1496: Federal Reserve Transparency Act -  it states the Federal Reserve System is already audited.

“To amend title 31, United States Code, to reform the manner in which the Board of Governors of the Federal Reserve System is audited by the Comptroller General of the United States and the manner in which such audits are reported, and for other purposes.”

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Wednesday, November 16, 2011

Wake Up! Ron "Let 'em Die" Paul is no Messiah.

Or, rather, Ron 'let him die, unless a church or someone wants to help out' Paul -- in other words, it seems Paul wants to devise a metric that would measure a citizen's worth to society before pulling the plug. Despite this, Ron Paul supporters, abound.  Not only that, these supporters make him out to be a messiah.


Haven't we learned from former President Ronald "transfer the wealth"  Reagan (false messiah #1)?  Not to mention - most recently - President "extend the Bush programs" Obama (false messiah #2)?

Obviously not, because fast forward to 2011 and the promise-to-pay-hero-worshiping public is creating false messiah #3: Ron "let 'em die" Paul.  Hello? Didn't we just go down this path with false messiah #2, less than three years ago?

What is it about pro austerity for the masses,  #3 - who, not only believes poor sick people should die, but flashes freemasonic hand signs, as he makes racist and homophobic remarks that he later denies authorship (keep in mind, Ron Paul wants us to believe that these "Ron Paul" newsletters went out to hundreds of thousands of people for at least seventeen years without his notice), and associates himself with white supremacists - that makes people believe this man has any interest in saving anyone but his kind, wealthy white people? 

This racism issue has followed Ron Paul from the beginning.  While "where there's smoke, there's fire" doesn't always ring true, in the age of the Internet, it's very simple to find out for yourself whether that idiom applies, and in Ron Paul's case, it very well might.

The Commander of the American National Socialist Workers Party, Bill White, while, certainly not  a pillar of virtue himself, he does give a little credence to this claim, especially when there are records to back it up. (record of disbursements for Tara Thai restaurant), and he has the habit of associating with extremist groups).

Comrades:

I have kept quiet about the Ron Paul campaign for a while, because I didn’t see any need to say anything that would cause any trouble. However, reading the latest release from his campaign spokesman, I am compelled to tell the truth about Ron Paul’s extensive involvement in white nationalism.

Both Congressman Paul and his aides regularly meet with members of the Stormfront set, American Renaissance, the Institute for Historic Review, and others at the Tara Thai restaurant in Arlington, Virginia, usually on Wednesdays. This is part of a dinner that was originally organized by Pat Buchanan, Sam Francis and Joe Sobran, and has since been mostly taken over by the Council of Conservative Citizens.

I have attended these dinners, seen Paul and his aides there, and been invited to his offices in Washington to discuss policy.

For his spokesman to call white racialism a “small ideology” and claim white activists are “wasting their money” trying to influence Paul is ridiculous. Paul is a white nationalist of the Stormfront type who has always kept his racial views and his views about world Judaism quiet because of his political position.

I don’t know that it is necessarily good for Paul to “expose” this. However, he really is someone with extensive ties to white nationalism and for him to deny that in the belief he will be more respectable by denying it is outrageous — and I hate seeing people in the press who denounce racialism merely because they think it is not fashionable.

Bill White, Commander
American National Socialist Workers Party
Then there his association with Ronald "transfer the wealth"  Reagan.  At one time, he was  a big-time supporter, not to mention his long time association with the John Birch Society, which is essentially, the precursor of Council for National Policy (CNP), a very secret conservative organization with a hell of a lot of power. 

Ron Paul and false messiah #1 Ronald Reagan in 1976
Ron Paul and false messiah #1 Ronald Reagan

Ron Paul and false messiah #1 Ronald Reagan
Ron Paul and false messiah #1 Ronald Reagan
Granted, Paul supposedly changed his view on Reagan, calling his budget,"a failure"; however, he had no problem embracing the Reagan legacy and releasing an ad comparing himself to Reagan, in 2007, and using a 40 year old endorsement from Reagan.

Ron Paul masonic handshake
Furthermore, Ron "I miss the closet" Paul hasn't/doesn't (Title V, Section V: “Prohibits the expenditure of Federal funds to any organization which presents male or female homosexuality as an acceptable alternative life style or which suggest that it can be an acceptable life style”) exactly support gay rights.
This is an issue that Paul sort of dances around. He has been praised for stating that the federal government should not regulate who a person marries. This has been construed by some to mean that he is somewhat open to the idea of same sex marriage, he is not. Paul was an original co sponsor of the Marriage Protection Act in the House in 2004. Among other things this discriminatory piece of legislation placed a prohibition on the recognition of a same sex marriage across state borders. He said in 2004 that if he was in the Texas legislature he would not allow judges to come up with “new definitions” of marriage. Paul is a very religious conservative and though he is careful with his words his record shows that he is not a supporter of same sex marriage. In 1980 he introduced a particularly bigoted bill entitled “A bill to strengthen the American family and promote the virtues of family life.” or H.R.7955 A direct quote from the legislation “Prohibits the expenditure of Federal funds to any organization which presents male or female homosexuality as an acceptable alternative life style or which suggest that it can be an acceptable life style.” shows that he is unequivocally opposed to lifestyles other than heterosexual.
He was also a co-sponsor of  the Marriage Protection Act which ensures DOMA can't be challenged in federal court...basically a covert way to convey his support for DOMA, even when he publicly states that he's against it. He wants to give one state the right to supersede another state's final authority on a matter that was never carried out in the superseding State to begin with. In other words, he's done a lot to try to empower states to be able to infringe on gay rights.

In 1990, he was quoted as saying in one newsletter that mentioned a reporter from a gay magazine, “who certainly had an axe to grind, and that’s not easy with a limp wrist.”

From the Survival Report, January 1994
“...gays in San Francisco do not obey the dictates of good sense...These men don’t really see a reason to live past their fifties. They are not married, they have no children, and their lives are centered on new sexual partners...they enjoy the attention and pity that comes with being sick.” - Ron Paul




I agree with Ron Paul's "stand" on a few issues, and I'm sure that most Americans can say the same; but you see, that's what makes him so dangerous: his apparent bucking a system that's taking full advantage of the masses.

Unfortunately, the following quote from M. Scott Peck's book, People of the Lie applies to everyone from Rick "let 'em die" Perry to Ron "let 'em die" Paul, and everyone in between. Whether the innocent die as a result of our system of "justice", or lack of health insurance, what's important is that the innocent, die.
Theirs is a brand of narcissism so total that they seem to lack, in whole or in part, the capacity for empathy...Their narcissism makes the evil dangerous not only because it motivates them to scapegoat others but also because it deprives them of the restraint that results from empathy and respect for others.

In addition to the fact that the evil need victims to sacrifice to their narcissism, their narcissism permits them to ignore the humanity of their victims as well...The blindness of the narcissist to others can extend even beyond a lack of empathy; narcissists may not "see" others at all.

There are boundaries to the individual soul. And in our dealings with each other we generally respect these boundaries. It is characteristic of--and prerequisite for--mental health both that our own ego boundaries should be clear and that we should clearly recognize the boundaries of others. We must know where we end and others begin.

-M. Scott Peck, The People of the Lie, p. 136-137
Links:

Ten Reasons Not to Vote for Ron Paul

Read more...

Monday, November 14, 2011

Ron Paul and the Federal Reserve Act

Clint Richardson takes a look at the "Ron Paul campaign and makes an honest assessment of Dr. Paul's true disposition, as well as those who call him a "prophet".

Richardson asks, "Why isn't Ron Paul talking about the Comprehensive Annual Financial Report (CAFR)?" Which is the audit of the Federal Reserve, and  which does expose the true wealth of our nation, exposing the fact that government owns it all by investment.

Ron Paul won't tell you this, but federal government controls the Federal Reserve, not the other way around. The Federal Reserve is a tool which the United States Corporation uses to put us all in debt. 

The Federal Reserve Act states that it allows banks to be opened in and invested in foreign countries. The Federal Reserve Act has been amended many times. The Federal Reserve Act is prima facie law, which just means it is presumed law...that it goes on with your consent.

The Fed is the property of the United States. Assets of failed federal reserve banks go to the United States Inc, the corporate structure that rules the 50 states.  Yes, the United States is a corporation.

In other words, as I've always thought, Ron Paul is full of it.


"A gang is a group of men under the command of a leader, bound by a compact of association, in which the plunder is divided according to an agreed convention. If this villainy wins so many recruits from the ranks of the demoralized that it acquires territory, establishes a base, captures cities and subdues peoples, it then openly arrogates to itself the title of kingdom, which is conferred on it in the eyes of the world, not by the renunciation of aggression, but by the attainment of impunity" - Saint Augustine defining government

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Wednesday, March 02, 2011

The Hidden Wealth of U.S. Incorporated.

In the following documentary, Clint Richardson begins by taking on  former United States Comptroller General, David M. Walker, regarding the trillions of dollars not reported on the Comprehensive Annual Financial Report (CAFR) that all governments (corporations) must file under federal law. From there, he proves that the United States is indeed a corporation, as did the other documentary, Hijacking Humanity, that I posted in January. 



In a nutshell, the United States is comprised of over 185,000 incorporated state, county, city, town, municipality, district, councils, school district, pension fund, enterprise operation, and countless other private and for-profit corporations (at least that explains why we the people serve the government, rather than what we've been led to believe: the government serves us). Moreover, the hidden wealth and investment totals well over 100 trillion dollars.

Oh, and you know those 2-letter abbreviations that all 50 states have been assigned? They are federal district locator codes.

"A gang is a group of men under the command of a leader, bound by a compact of association, in which the plunder is divided according to an agreed convention. If this villainy wins so many recruits from the ranks of the demoralized that it acquires territory, establishes a base, captures cities and subdues peoples, it then openly arrogates to itself the title of kingdom, which is conferred on it in the eyes of the world, not by the renunciation of aggression, but by the attainment of impunity" - St. Augustine

Read more...
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