Comprehensive Annual Financial Reports Expose Government Fraud
PART ONE by: Walter J. Burien, Jr.
The Biggest Game In Town is of major
importance to every American. You are encouraged to video tape it for
further review and sharing with others.
This program is a comprehensive disclosure
of governmental financial operations that have been deliberately concealed
and kept from the American people by the governmental financial agencies
as well as by the syndicated media. The scope is huge; the personal
financial impact of vital concern to all.
Do the people of this great land own the
government or do the collective governments think they own the people?
Is it time to mandate "effective action"
through united efforts of the American people? Can David still fling the
rock true and straight to hit its mark and defeat Goliath?
Are you aware that 30 years ago only 8-12%
of the financial activity and ownership of our nation resulted from the
activity of the government, but today the figure is conservatively 48%?
We the People have been victimized by the
largest organized syndicate on the face of the Earth. The Constitution
declares that all political power is inherent in the people and that all
powers not directly and specifically delegated to public servants remain
with the people. Our public servants are accountable to us and it's time
we hold them accountable with genuine liability and cause the profits
resulting from governmental activity to directly benefit the people!!!
**************Walter Burien:
Narrative*************
Good morning. What we're going to be
talking about today is what I've called The Biggest Game in Town. My name
is Walter Burien. I live in Prescott, Arizona. I became aware of something
approximately 10 years ago, which changed my life. I will give you a
little analogy of how I learned about the complete financial takeover of
the wealth of this country by composite government.
Back in 1989 1 lived in New Jersey. There
was a governor by the name of Jim Florio who was running for office under
a no-new-tax platform. He won, and as soon as he got into office a $2.8
billion tax increase was enacted---the largest in the state's history.
It's obvious that the public was not too thrilled about Mr. Florio's
actions and one of the local radio stations, 101.5 FM, started doing some
rabble-rousing, taking calls from listeners on examples of waste and
misspending in government. My first two days I was listening, and I heard
people calling in with examples of $5,000, $15,000; $85,000 was the
highest figure I heard. I pulled out the State of New Jersey's budget
report, which is the only thing I was aware of at that time. They had $11
billion on budget, $6 billion off budget; the total annual service budget
was $17 billion a year. I called in to the show and I made the comment,
"Come on, guys; you're missing the whole point. The highest figure I heard
was $85,000. The state's dealing with billions of dollars." I read off the
figures. I said, "If there's fraud, waste and misspending taking place,
it's taking on tunes of tens of millions, if not hundreds of millions of
dollars." The DJ at that time challenged us, the listeners, to start a tax
protest organization to repeal the $2.8 billion tax increase.
Ten of us got together the next day and
incorporated a group called Hands Across New Jersey. We scheduled our
first rally ten days out from that point. And basically, with the help of
101.5, we had 115,000 people converge on Trenton from all the shore points
in New Jersey, effectively shutting the city down. Now, during the course
of organizing that rally, I took over looking at the budget, revenue and
finance of the state.
For about fifteen years I was a Commodity
Trading Advisor, I was one of the first tenants of the World Trade Center,
back in 1979. And large figures didn't bother me-a hundred million and one
dollar - there was no difference. So when I started looking at the figures
on the New Jersey budget report, as I mentioned, there were $11 billion on
budget, $6 billion off budget, it showed a net available of $25.6 billion.
Then, I asked myself the number one question that IRS asks in an audit:
What are the cash gross receipts? I started noticing the large cash cow
groups in state government - the New Jersey Turnpike, Garden State
Parkway, Port Authority of New York, and New Jersey. The revenue was not
inclusive in the budget report. I didn't see any large returns from
investment funds on the budget report. And I said, "They have to have two
sets of books here. They're not accounting for the whole picture". The
director of the budget at that time was an individual by the name of
Richard Keevy. He was on vacation till the following Tuesday of that week.
I found out who his lower assistant was, called in, and the conversation
went just like this:
I said, "Hi, this is Walter Burien. I'm
working on a report for Richard. Have to have it done by Tuesday when he
gets back from vacation. I need all the figures on the autonomous agency
accounts, interest accounts, investment accounts. And the reply I got was,
"Oh, you want the Comprehensive Annual Financial Report". Bing!!! First
time I ever heard that before in my lifetime. Got it that Friday. Started
crunching numbers. It showed a total liquid investment funds of $188
billion dollars --- $188 BILLION DOLLARS---of which common stock ownership
$70 billion, on loan to public and private corporations $10 billion,
insurance company equity participation, $14 billion, on loan to public and
private corporations $10 billion. And I started looking for the total cash
gross receipts. As I mentioned, what IRS would ask for in an audit. I
found it on page 174. Now this is 1989's Comprehensive Annual Financial
Report. On page 174 under Cash Additions, all agencies, all departments,
all sources, here's a state with a declared service budget of $17 billion,
who was bringing in $86 billion, 799 million in cash. I saw that figure
and instantly realized the definition of syndicated organized crime. Here,
we had a representation to the public that the state of New Jersey was
bringing in $17 billion when in reality, they were bringing in close to
$86 billion. They had $188 billion in liquid investment funds. I also
learned the principle of operation that day. Anything that was a cost and
an expense, traditional service side of the budget report, health and
welfare, human services, motor vehicles, was left under the budgetary
basis, and the public footed 100% of the bill for 100% of the services.
Now, anything that was a profit center, had the ability of being a profit
center, large investment fund that generated tens and hundreds of millions
of dollars, totally restricted by a statute for no tie or inclusion
whatsoever with the budgetary basis.
Now, this is what I have called The Biggest
Game In Town. I saw it first in New Jersey and I said the Comprehensive
Annual Financial Report… here I am a Commodity Trading Advisor, I was
doing a national news line coast to coast at the time and I never heard of
the Comprehensive Annual Financial Report. I wanted to find out why. I was
mad. I mean, there was such a distinct difference between the revenue
shown on the Comprehensive Annual Financial Report and the minuscule
revenue that was shown now on the budgetary basis. I said, "Why did I not
see this in a newspaper, radio show, TV show?"
Now, the department that mailed out the
report the Comprehensive Annual Financial Report was from the Department
of Treasury. I called the mailroom, and the mailroom usually doesn't get a
call from the public, so they were very cooperative. I wanted to find out
who the report was sent to. I thought it was a short list. They said, "I'm
sorry, sir. The list is too long - we can't read it to you on the phone."
So I start qualifying. I found out it was sent to every editor of every
paper on the East coast. It was sent to the deans of all the colleges. It
was sent to the CEO and every one of the directors from ABC, CBS, and NBC.
When I verified that, I started smelling cooperative effort for
nondisclosure. I then got the telephone number for ABC and NBC on where
the report was sent to. I called, and the conversation went just like
this:
"Hi. This is Walter Burien calling from the
Department of the Treasury. We've been sending you our Comprehensive
Annual Financial Report for the last fourteen years and we're doing a
logistical survey on how many other states are sending you their reports.
Could you please help me?"
ABC was getting it from 36 states; NBC was
getting it from 34 states. When I heard that, now I'm getting very mad.
I'm starting to see a clear-cut cooperative effort for nondisclosure on
the most important information that exists in this country...Period. The
extent of the financial takeover by composite government of the wealth of
this country, with the full cooperation of the syndicated media for
nondisclosure.
My next step was I called New York, got New
York's Comprehensive Annual Financial Report, which showed approximately
$735 billion in liquid investment funds. I then got the city of
Manhattan's report. Now, when I mention the Comprehensive Annual Financial
Report, it's not just the state-the majority of all cities, counties,
school districts, pension funds, autonomous agencies such as the New
Jersey Turnpike or New York Throughway Authority, put out a Comprehensive
Annual Financial Report. When I got Manhattan's report it showed liquid
investment funds of $1.2 trillion, more than the entire state. My mind
started getting boggled, thinking of the composite totals-for all the
states, all the cities, and all the counties.
Subsequently, over the last ten years I've
been factoring in, compiling, the aspect of composite totals. The current
figure stands at about $60 trillion plus, in liquid investment funds - the
composite totals for all cities, counties, states, and the federal
government. Now, the viewers of this show would say "Oh, wait a second
here! Wait a second here! I thought we were in debt for the state, in debt
for our school districts, or in debt for the federal government". Well,
let me explain something. I'm going to give you the biggest wake-up call
in your life. This example holds true all across the country, for every
city, county, and state and the federal government. You always hear the
budgetary basis referenced - "the budget report, the budget report."
Now, I'll use this one example. Say, for
example, you are making $100,000 a year, and your budget for operating
your house is $20,000 a year. You could audit you3333111r budget a hundred
times over - account for every nickel, dime, and penny on your budget
report. If you spent $19,000 this year you'd have $1,000 surplus. If you
spend $21,000 this year you'd have a thousand-dollar deficit. Now, in
reality, if you decided you wanted to spend $30,000 this year on your
budget for operating your house, would you go knocking on your neighbor's
door, saying, "Hey, John, I had $20,000 allocated to operate my budget,
but I spent $30,000; can I borrow $10,000?" No, you'd pull from your
$100,000 salary.
Governments across this country on the
city, county, state levels, and federal, have created a two-tier
accounting structure. One, the annual operating budgets, the cost side of
operating government for the year - the monies they bring in for the year
to handle that cost and what they expend. What's being left out is the
decades -- the decades of investment wealth, enterprise ventures which
generate hundreds of billions of dollars each year, which are not
inclusive in the budgetary basis. Government has turned into a financial
empire across the board. And the public, basically, allowed the foxes to
write the laws on how many hens they could eat from the hen house. And of
course, foxes being foxes, they've eaten all the hens.
When you start looking at composite totals
of revenue and compare it to the private sector, government currently now
is substantially bigger than the private sector. We are standing at about
65% government, 35% the private sector.
Now, when you look at stocks, as I
mentioned, New Jersey State Government I saw, had $70 billion in common
stock ownership. That floored me. I never even thought about New Jersey as
a state owning $70 billion in stocks. Composite totals city, county, state
and federal on stock ownership, equates to approximately $32 trillion.
That's over 53% of the entire open interest of all issued stocks from all
exchanges is owned by composite government sources. You won't have one
city or county or state owning a phenomenal base in one stock, but you'll
have thousands of the different cities, counties and states owning the
composite totals. They own over 51 percent. So, when you look at
individual corporations, Xerox Corporation, IBM, AT&T the primary owners
are composite government funds, and they'll be listed as institutional
funds - when you see the word "institutional funds" - that is government
monies, in most cases. So, when you have a supposed public corporation -
say, 72% owned by composite government funds, I wouldn't call that a
public corporation; I would say that's a government operation. Xerox is
approximately 72% owned by composite government funds; AT&T is up around
42%, so on and so on...
But the bottom line here is, when I learned
this, this was a revelation that changed my life. Up until this point,
when the comprehension finally dawned on me, prior to that, I always
thought government was maybe 5% of the GNP of this country and this was a
free-market economy, and I learned I was wrong. Basically, what the public
has done here - I did this, you did this - we all have done this - we left
the vault door open. In fact, 95% of the public would say, "Vault? What
vault?" And those sharp little crackers said, "Thank you very much. Have a
good day."
Now, the Comprehensive Annual Financial
Report…, I brought…, this is from Missouri, there's a total press blackout
of mentioning of the name of this report, - the Comprehensive Annual
Financial Report. This is Missouri's of 1997. This is Ohio's cover page
for 1998. I have the state of Utah's 1998; I also have Washington's and
Maryland's figures. Also, this is from the state of Arizona, the state of
Arizona retirement fund Comprehensive Annual Financial Report for 1998,
which I will make some very interesting notations on. Now, the federal
government…, this is the federal government Combined Financial Statement,
the last page from the report, one notation . . . The federal government,
in 1981, mandated that all local governments prepare a Comprehensive
Annual Financial Report -every city, every county, every state, or, in the
alternative, a Combined Financial Statement, if they did not prepare a
Comprehensive Annual Financial Report.
The background on the Comprehensive Annual
Financial Report: a group by the name of GFOA, Government Financial
Officers Association, in 1946 created the Comprehensive Annual Financial
Reporting accounting structure. I think the city of Manhattan produced one
of the first ones in 1951, as a large entity. So, the Comprehensive Annual
Financial Report has been around for quite a long time. There are 54,000
separate government corporations; cities, counties, school districts,
authorities, that produce their own separate report - that's 54,000. You
start looking at the composite totals of the revenue from 54,000 reports -
the cities, the counties, the states - and you see the $60 trillion
inclusive with federal government's revenue.
Now, about five months ago I got a call
from an individual by the name of Joe Long, who runs a group called
Federation of New Jersey Tax Payers. He called me up on a Sunday morning.
He goes, "Walter, we just got New Jersey's 1998 Comprehensive Annual
Financial Report. They have $295 billion in liquid investment funds. Isn't
that awful?" I said, "Joe, you're just looking at the state report.
There's 21 counties, a couple hundred cities and municipalities,
autonomous agencies - all separate reports. If you take the composite
totals of the liquid investment funds, you're well in excess of $1.2
trillion. If you take the population of New Jersey and divide it into $1.2
trillion, that comes out to a cash allocation of $146,000 per man, woman
and child living in the state or family of four (sic) [five], that equals
seven hundred and some odd thousand dollars. The obfuscation of the wealth
has been excessive.
But just one notation regarding the
federal, because this is not just going on in local governments - you
know, cities, counties and states. Federal government's playing the exact
same game. And I've noticed a lot of people always point the finger at the
federal government as the bad guys, but when you break down the actual
revenue of the $60 trillion, two-thirds of it belongs to the local
governments - the cities, counties and states - and one-third belongs to
the federal government.
Now, I'm going to try to do a close-up shot
of this one page here. Okay, here we have the-this is the last page from
the federal Combined Financial Statement. This is the appendix list of
significant government entities included in the Combined Financial
Statement. Now the majority of the items included, if we can scroll down
the page here, can we get a close-up there?, now the majority that are
included are agencies which most people are familiar with. We go to the
back here - this is the final listing of agencies that are included - but
the last column, down below, it -says "Significant entities excluded from
these statements." (I think we're on that.) Now, they give honorary
mention to the Federal Reserve Board of Governors and the Federal Reserve,
which I think we all know by now are basically private. But then they list
the Federal Retirement Thrift Investment Board, the Thrift Savings Plan,
the Farm Credit System, the Federal Home Loan Banks, financing
corporations, Freddie Mac, Fannie Mae, Sally Mae, Resolution Funding
Corporation. These groups are the cash cow investment groups of
government.
Now, also, I want to make special note to
three items that are listed at the bottom. We have the Army and Air Force
Exchange Service, the Navy Exchange Service Command, the Marine Corps
Exchange. Folks, this is not the PX. We have funding operations for
exchange of foreign troops to the U.S.- U.S. troops on the foreign soil,
which they kept separate from the Combined Financial Statement of the
-federal government so it wouldn't be so easily seen. But if we take the
federal investment groups, the cash federal cow investment groups, and
look at their revenue - and, very important, they have a phenomenal amount
of revenue on loan, that's been loaned out there... if you take the
accounts receivables and their current cash on hand, you come out to about
a 16 trillion positive on the total operation.
So, here, even the federal government is
taking their cost side - the expense side- leaving it on the Combined
Financial Statement - they call that their budgetary basis - but they've
separated the cash cow investment groups of federal government so that
they don't show on the budgetary basis. So, currently, the federal
government shows a slight deficit on budgetary basis, but the profit
centers, which would show a $16 trillion positive, are excluded. Now, we
started on national exposure about 18 months ago on the Comprehensive
Annual Financial Report and the structure behind it, and I think that a
few of you may have heard on the network news the feds saying, "Oh, by the
way, we happened to find we're going to have a $6 trillion surplus going
into the year 2004." They mentioned a surplus, a $6 trillion surplus? Keep
in mind, that $6 trillion surplus is on the budgetary basis. They're not
including the cash cow investment agencies. If they were being 100%
honest, inclusive of all revenue, the federal government would have
approximately a $12 to $14 trillion surplus. And, in fact, if they
included the cash cow investment agencies in with the budgetary basis,
they could probably have a 50% reduction across the board of all taxation,
on the federal side. Something to think about.
Let's go back to the local governments. The
states, the cities, and the counties, they have their budgetary basis, the
annual operating budget but they have enterprise funds. In my little city
of Prescott, Arizona, where I live, the city owns a golf course. Why does
the city own a golf course? So the judges and the attorneys can get lower
greens fees? Here is a $45 million dollar asset which is paid for by tax
payer funds, developed, and not $1 goes back directly to support the
budgetary basis. They have investment funds sitting as idle funds -- $48
million.
Now, with this much money out there, this
phenomenal base of wealth, empires that are being built, it is mandatory
to keep the public oblivious to what was going on. If the public was aware
that this type of wealth was being built and obfuscated as tax dollars are
being drained out of their pockets, where people are citing a shortfall of
budgetary revenue, there would have been an uprising 30 years ago. But the
government, to perpetuate this game, they needed the 100% cooperation of
the syndicated media. That they have. You will not see ABC, NBC, saying,
"Oh, by the way, we just happened to find out about the Comprehensive
Annual Financial Report and we found out that the budgetary basis is this
big (small noted) but the revenue shown on the Comprehensive Annual
Financial Report is this big. (Large noted) You will not see that happen.
They have been in cooperative nondisclosure for 25 years. That's why the
situation has taken place.
It's mandatory to get the word out. It's
mandatory to have your local radio show, your local TV show…, call in,
mention the Comprehensive Annual Financial Report. Depending upon what
city, what county, what state you're looking at the ratio of the budgetary
basis, the annual service budget, to the reality of the total wealth,
usually ranges from a percentage of 8:1 to as high as 40:1. That
comparison between the budgetary basis and the reality of the wealth. It's
not. Right.
In retrospect with what I've learned, it
reminded me of something I was taught in grade school. I remember back in
fifth grade, sixth grade, seventh grade, I'd hear a lot about Russia, and
how the control Russia had over the public was bad. Well, when you look at
the financial takeover of the wealth by composite government in this
country, it dwarfs the control Russia had, in comparison, based on that
financial control. In fact, did you ever wonder why Gorbachev went
democratic? He looked and he said, "Hey, the boys in the United States
have more control than we do, and they're making ten times as much."
A federal auditor of 30 years, I briefed
him eight months ago. He was in charge of auditing one of the
largest federal agencies in the country and also eight of the central
western states prior to his retirement. He was always looking at
individual budget reports, the individual leaves, branches and trees in
the forest. And I briefed him on the composite totals. Floored him! He
looked, he verified, and three months later he made the comment to me. He
goes, "Walter, what we have here in this country is 100% Communism under
the guise of a free market capitalist system." He goes, "The government
owns everything."
Now, the public is constantly complaining
about higher taxes, higher taxes, more money being taken for this, for
that. And they're conditioned - year in, year out. We had the Boston Tea
Party--I think it was for a 3% tax on tea, caused the revolution. Here
we've been conditioned to 45% of our pay going back to government. And
when you look at all aspects of what the government's getting - export
tax, import tax, duties on manufacturing, the composite total is
phenomenal on the money that's taken by government.
The principle of operation in this country
is, the boys running this structure - they keep the chipmunk running on
the treadmill chasing the carrot as through trickle-down economics they
provide just enough revenue to keep that chipmunk running at optimum
proficiency as they tap off 80% of the energy produced. This is not right.
The country was established for the public to rule in this country - for
prosperity, for our families, education, the whole nine yards. If you see
the country going down the tubes, it's strictly due to the factor that we
have greed taking place on an unprecedented level in all levels of city,
county, state government and federal government. Empire- building, power
mongering. When you start breaking down the figures, using fifth-grade
addition skills, just knowing where to look, adding up the composite
totals & endash;as I mentioned there's 54,000 local governments, separate
reports, separate corporations, school districts, cities, counties,
states, autonomous agencies - 54,000; the totals of that revenue is
phenomenal.
I have the summary from the state of
Washington, I'll just use for an example - I'm not picking on Washington.
But Washington state, on the statistical section which is in the back of
the Comprehensive Annual Financial Report, it shows a ten-year
demographics of revenue taken in, population growth, the whole nine yards.
Retail sales, the top employers, Washington state, in the course of a
ten-year period of time, there was a 100% growth in government. During the
same ten-year period of time government took 115% more revenue. The
revenue over doubled in ten years in what they're taking from the public.
You have a runaway freight train. As I mentioned, the public left the
vault door open. And the sharp little crackers said, "'Thank you very
much."
On the government pension funds - city,
county, state, federal - they're standing at about $28 trillion-$28
trillion. The private sector will never see $28 trillion in their
lifetime. I go back to that word "Russia" and "Communism" under the guise
of a free-market capitalist system. The figures are there. We're not
talking about any gray area; there's no speculation here. This is outright
their figures. This is a massive operation-it's a multi-trillion dollar
organized syndicate of composite government wealth. They needed to keep
their own accounting of their own structure - the Comprehensive Annual
Financial Report was their accounting. The Comprehensive Annual Financial
Report showed the wealth. And the reason it was never mentioned to the
public was it did show the wealth. Let's take a break for right now and
we'll get back into this in a minute.
********************************
Welcome back. Previously, I had mentioned
the state of Washington and the growth of 115% on the revenue taken. I've
had people look at their Comprehensive Annual Financial Reports, and
they'll say, "Well, the figures are all here. It's all here. They account
for everything. Here's the billions of dollars." I said, "You're seeing
the billions of dollars that you never saw before in your lifetime. You're
now seeing them for the first time, you now realize the scope of the
billions."
I want to show you one other point. Now,
I'm going back to the chart, this is from Washington's Comprehensive
Annual Financial Report 1998, it gives a ten-year demographics of the
revenue taken in a ten-year period. I think you should be able to see
these figures. This starts in 1989. This is in millions of dollars. The
total taken by the state from the public was $9,514,000,000. Now, as we go
through the years, 1990, 91, 92, over to 1998 - the total revenue now
taken was $18,008,000,000. So, we went from 9 billion to 18 billion, in a
course of ten years. That's 100% growth!! This is ludicrous!!! The
population growth in the state of Washington was approximately 8 percent
during the same time period. And by the way, that is total revenue taken -
the budgetary basis for the same period went from $6 billion to
approximately $10,900,000,000 in the same period of time. That's the
budgetary basis, but the total revenue taken is $18 billion. So it's a $6
billion disparity between the budgetary basis.
So we're not just talking the extent today
of how much money government has taken from the public and the decades of
wealth that's been building. We're talking also about the runaway freight
train of growth on the city level, the county level, the state level. If
you go back 25 years ago, government was approximately 6 to 8 percent of
the GNP of this country, gross national product total revenue base.
Currently, today, composite government - city, county, state and federal -
it's 48% of the GNP based on cash and ownership. This is not right. We
fell asleep at the wheel. We allowed it to happen. You have to realize
this is the largest organized syndicate - a multi-trillion dollar
organized syndicate - with thousands of facets that spends billions,
billions of dollars, to make sure the public is looking off in right field
as they conduct business as usual in left field. You'll see the
orchestration in the media on different events which keep the public
spinning their wheels over here as the boys are making their billions of
dollars over here. They laugh their asses off on the way to the bank every
single day. They're becoming wealthy, empires are being built. When you
look at the $60 trillion in liquid investment funds, the composite totals
- the billions...
Let's look at the state of California, with
approximately $12 trillion under management. Now, under the Comprehensive
Annual Financial Report you'll see about, oh, a total of maximum of about
$3 trillion. But when you start tracking down the cities, the counties,
all the revenue base, you're up to about $12 trillion. Now, in California,
say, for example, one of the investment managers who is handling, say,
$400 billion in funds, and he had, say, $150 billion -with Shearson Lehman
Hutton American Express institutional banking. That's a very powerful
position. If that individual contacts the director of the institutional
banking, and said his brother in Argentina needed a $120 million loan in
Argentina for a sugar cane energy development project, unsecured, do you
think he's going to say NO? I don't think so. He'll have one of his
associates from another company that he deals with closely cut the loan.
If it's defaulted on he'll just make up the difference on some business
he'll do with that firm.
The power mongering and the elbow rubbing
that takes place here is obscene! And it's not just one group, one
organization, doing it, it's the principle of operation. Since we started
our national disclosure 18 months ago I've had thousands of phone calls
from people all over the country.
I'll get a call from New York, "Walter, I
just got the New York through-way Comprehensive Annual Financial Report.
They had $31 billion in liquid investment funds and -they're still
charging us." I'll say, "Don't worry about it."…I'll get. a call from
Anchorage, Alaska, "Walter, I just got our Comprehensive Annual Financial
Report for our city. They're making $100 million more a year than they're
showing on their budget report." I'll say, "Don't worry about it." I said,
"Stop focusing in on a leaf, branch or tree in the forest. Start focusing
in on the forest; understand the principle of operation of the forest.
There are ten thousand of these operations going on all over the country."
I said, "If you're going to apply your efforts, apply your efforts to
change the principle of operation of the forest, which will affect every
leaf, branch and tree in the forest. "
That's the bottom line here, folks. We're
not talking any gray areas; there's no speculation here. This is black and
white. You know, the public has been complaining for the last 25 years.
Every problem I've seen in this country to date has to do with extortion
of revenue from the public. Period. It is the root of evil in this country
- the wealth being taken from the populace. And one of the problems here
is, a lot of people have been looking for the needle in the haystack,
trying to find government corruption and wealth being stolen from us.
Well, we're not looking for the needle in the haystack here, folks. It's
the haystack sitting on top of the needle. All you have to do is look and
start adding up the composite figures. Stop being distracted by one leaf
or branch or tree in the forest. Start qualifying the forest. And when you
do you'll see the clear and unequivocal financial takeover of the wealth
of this country by composite government, right from the city level to the
state to the federal level. It's power mongering it's empire building. The
boys that are in there on the inner circle; the wealth is absolute.
Now, I'll give you a few examples going
back into New Jersey from ten years ago when I got New Jersey's
Comprehensive Annual Financial Report. It listed the state universities
and colleges, and gave a composite total for all. I noticed right off the
bat they had $8.5 billion in liquid investment funds - this is 1989. It
also showed they made a $1.1 billion profit on their investment funds for
the year. My next question to myself was, "I wonder what the total
tuitions are for all students attending colleges and universities in the
state." Total tuition base was $644 million. I said right off the bat,
"Hey, they made a $1.1 billion profit and total tuitions are $644 million.
They could have sent all students to school for free for the year and paid
them to go to school." In reality, what they did that year was sighting a
shortfall of budgetary revenue, they had a 7% tuition increase.
The game is absolute, and we're talking
there is so much money behind the game, and you have the participation of
the syndicated media in the game, the public really has not stood a
chance. The only way the public stands a chance is through full and open
disclosure of the wealth - not being distracted, just sitting down
crunching numbers. Not looking at one leaf, or branch or tree in the
forest, start looking at the forest, adding up the totals, and it becomes
evidently clear. Corrective action is needed and is needed immediately.
With the scope of the financial takeover that is in existence today,
they're consolidating that ownership. Within several years you'll have
composite government owning 85% of the wealth in this country. And at that
point in time the public may just become a liability - they don't need
them anymore. So, it's very important that the public starts taking a
serious look at what's going on.
I'm going to go into two other points here.
I'll give you an example from Edgefield County, South (sic) [North]
Carolina. I briefed a doctorate in economics, she wrote for a little paper
in Edgefield County called the Edgefield County Advertiser. She got a hold
of the Comprehensive Annual Financial Reports for the state, the county,
and the city and ran into a few obstacles trying to get them. They don't
like to give them out in some cases. But she noticed that their school
district - Edgefield County School District - participated in the local
government investment pool. So, she requested from the state ... you know,
it showed where to request the financial report from the local government
investment pool, and it showed that Edgefield County School District had
$36 million invested in the pool. Now, this is a school district, which
was rather poor and had several tax increases over the last couple of
years, citing a shortfall of budgetary revenue. She approached the county
school commissioners, saying, "What are you doing investing millions in
the market?" The school commissioner said, "We don't invest in any ... the
market. We don't have any monies invested. You have to be mistaken." She
then produced the financial report. His next response was, "Well, this is
our account for paying salaries and expenses for the year." She goes
"Okay." She produced the prior year's report, which showed they had
approximately $29 million invested in the local government
investment pool. Now there were additions and withdrawals, the principle
never changed, and now it jumps up to $36 million - close to a $7 million
profit for the year. The money that's involved here is, on the broad
spectrum, it’s one big game. The politicians will lie straight to your
face.
As I mentioned earlier, when I found out
about New Jersey's report I found out that it was sent to every editor of
every paper - had been for 14 years. It was back in 1990 I was checking.
It was sent to ABC, CBS, and NBC. When we started on national
disclosure...I've participated in about 60 radio programs, probably
reached about 25 million people across the country in the last 18 months.
I requested that everyone send a certified letter to their editors and
producers of their news shows asking, requesting that simple and
conspicuous mention of the Comprehensive Annual Financial Report be made.
All have refused. Now, the cutest response I got back was from someone in
California, I think around Bakersfield. The editor replied, "We've
received your request." Now keep in mind what was being asked was to make
simple and conspicuous mention of the Comprehensive Annual Financial
Report. He said, "We've received your request. We do not have the staff or
the resources to report on a story of this magnitude. So your request is
declined." I thought that was real cute.
Now, everybody remembers Orange County.
Years ago Orange County, on their management funds, they got burnt playing
with derivatives, such as options, calls, puts, features, they lost a
little bit over a billion dollars. And they were crying, "Bankruptcy!
Bankruptcy! We have to shut down! Stop all operations! Close the parks.
Fire the police officers." Well, someone stumbled across their
Comprehensive Annual Financial Report, which just happened to show that
they had $16 billion in profitable investments. Well, all of a sudden
Orange County left the news, they never went into bankruptcy. In fact,
Orange County created a situation where they drew light to the reality of
the investment finds, and they created liability for every other city,
county and state across the country by bringing light to their loss and
the investment funds. So, corrective action was taken after Orange County
to make sure no one else ran into the same situation because…
I think everyone's heard of Lucky Luciano
from back in the Twenties and the Thirties. There was something called
Luciano's Law. Lucky Luciano was the banker for the syndicates - he moved
the money between New York, Los Angeles, Chicago, Miami. And Luciano's Law
was once you're suspected you're out of business. Anyone who spoke
Luciano's name regarding a transaction disappeared. Luciano died of old
age - never got indicted, he got deported from the country, but never had
a problem other
than that.
Government's been operating under the same
principle of operation. If we're not suspected, we can continue business
as usual. They have fronted up the budgetary basis to the public -
continually, budget, budget, budget, shortfall of budgetary revenue. As
per the example I gave earlier the difference between your budget for
operating your house and your salary, there's a substantial difference.
And when you break down the Comprehensive Annual Financial Reports, as I
mentioned, the ratio comes out 8:1 to as high as 40:1 in comparison
between the budget and the total revenues that are held by that government
body. The examples I've given here - whether it be New Jersey, Missouri,
Washington - they apply to every state, every city, every county, some
more, some less.
I had a few notations here from Maryland.
This is out of Maryland's 1998 Comprehensive Annual Financial Report.
The…let's see here, Pension assets were about $31 billion total
contributions were $814 million, total investments returned was $3.7
billion; they'd increased $3.5 billion. Okay, here we go. Total government
wages in the state of Maryland; and by the way, on the Comprehensive
Annual Financial Reports, they started making a change. They used to list
the top employers, in the state, and it always was the state, the cities,
the counties. Usually, government was 7 of the top 8 employers. They've
now changed their statistical section to the top private employers. But if
you pull one of the old Comprehensive Annual Financial Reports, which, by
the way, have been sent to your local library. You'll find back issues
going back 15-20 years. The game here was not making the Report not
available, the game was never mentioning the report no one knew to look
for it. So, the game continued. But, total wages for the year paid in
Maryland, to government employees, was $15 billion, 349 million. Total
private sector wages were $55 billion. Okay? Total manufacturing was about
$6 billion in Maryland. What this is saying is for every 4 people in the
private sector working in Maryland, they are paying the salary of one
government employee.
It's not right. The growth is ridiculous.
It's runaway growth. It's a very serious situation -something needs to be
done about it. Disclosure is the key factor. If you go to your editor - in
fact, actually, for your state, confirm that the editor of your paper has
been receiving the reports for 10-15 years. And when you go to him ask him
if he's heard about it. If he says to you, "Never heard of it. I guess
I'll have to look into it," you'll know he's lying straight to your face
after you've confirmed in advance that he's been receiving it. Require,
require these characters to make immediate simple and conspicuous mention.
Require these characters to give the difference between the budgetary
basis and the total investment wealth in what's held by governments.
Require it.
This is no game, folks. We've had our
heritage stolen from us right under our noses. As I mentioned, if you go
back 25 years ago government was about 6-8 percent of the GNP; currently,
we're standing at over 48%, and that's a conservative figure. That's a
phenomenal amount of wealth. We have the largest orchestrated syndicate on
the face of the planet, which is composite government wealth. A little
notation. This is supposed to be a country of laws, correct? Law is
supposed to protect people of this country, correct? Well, when I got New
Jersey's report, it had the pension plans listed. I didn't understand
pensions or the actuarial basis used. One of our Volunteers for Hands
Across New Jersey, he wrote the pension funds for Blue Cross/Blue Shield
nationally. I gave him the book, and I asked him to break down the pension
funds and compare them to a Fortune 500 company. He told me it would take
him about two weeks. Two weeks later I check back and I say, "Well, what
have you got?" He goes, "Well, on a scale from I to 10, with the Johnson &
Johnson being a 5, all of New Jersey pensions came in at a 7, excluding
the judicial branch." He said the judicial branch was the millionaire
boys' retirement club. Every state judge in New Jersey was guaranteed $5
million after serving one year tenure. In other words, they didn't have to
work five years, ten years, fifteen years, twenty years to get their
pension. All they had to do was their tenure - one year and they got their
full benefit package, which was excessive. Now, district ... let's go to
federal. District court judges, how many of you out there think that
district court judges have a pension or retirement fund? I guess you would
assume they have a pension or retirement fund. Well, they don't. District
court judges are appointed for life. They get their full paycheck for life
and benefits for life. And, in fact, two years ago they just took the
action that when they die they can assign their full paycheck and benefits
for the life of their surviving spouse or dependent relative. Now, that's
a sweet deal.
The game is absolute. You know, we don't
have the Joe Six-Pack crowd. here watching TV, betting on the football
game, "Hey, five dollars on Dallas." We have the sharpest crowd, sharpest
crackers on the face of the planet that are running one of the most
sophisticated structures on the face of the planet - composite
U.S. government - that is drawing in trillions and trillions and trillions
of dollars. And it has turned into a parasitic situation. The blood that's
being drawn off the host ... if you look at the public as, being the host
for the parasite, the parasite is now substantially bigger than the host.
That's a serious problem, folks. Anyone have any Raid? I think we're going
to need it. But, the bottom line is disclosure. Yeah, the public has this
phenomenal growth on its back, and the majority of the public, they keep
saying to themselves, "Is there something wrong here? Why are things not
right? Why are things going to hell in a handbag?" The problem is these
guys are getting paid hundreds of thousands of dollars each - millions, in
some cases. They have phenomenal backing to do it - to perpetuate the
game. The public is struggling to get by.
The runaway growth is rampant. Doesn't...
whatever city you look at, whatever county, whatever state, the average
has been a 100% growth each ten-year period. Yeah, we're closer to where
Russia wanted to be than Russia ever got. And, you know, we have to make
the decision right now in our lives, a commitment to ourselves. This is
not right. We have to take corrective action. We have to change this
immediately. We only have one advantage, folks--one advantage only. As I
mentioned, this is a $60 trillion organized syndicate with thousands of
facets behind it. The judiciary is controlled, the finances are
controlled, and the wealth is controlled. We have one advantage. And the
only advantage we have is we outnumber the boys running the structure,
about 400: 1. This happens to be our country. What has developed is wrong.
We fell asleep at the wheel; we have to correct it.
In Part Two of this program, we'll be
discussing what I call a CITA: Citizens Investment Trust Account, which
can be implemented by initiative across this country. What the CITA is, is
it's an organization started by the tax payers. They will have
approximately two to three CFAS, Certified Financial Auditors, which (sic)
will examine the books - city, county, state, as will be applicable to
those residents in that city, county and state to identify surplus funds,
venture projects - which, no way government should be involved in but the
private sector should be handling, which the CITA would recommend for
sale. The CITA, upon identifying and recommending for re-appropriation of
the surplus revenue, and also sale of different venture projects like golf
courses and different other items which cities and counties now own. The
revenue that builds up in the CITA has one exclusive principle of
operation. That exclusive principle of operation ... it's set up as
a…basically an annuity pension fund for the resident tax payer. From the
interest and dividend yield that's accomplished, it is to satisfy the
budgetary requirements of that city, county or state.
I'll use an example of my little hometown
in Prescott, Arizona. I had a couple of federal auditors go over the
books; they identified $200 million on a cursory review, first glance. The
city's operating budget's $17 million a year, the ... if you include the
school districts, comes out to $34 million a year. The current rate of
return 16-17% on pension investment funds. On $200 million that's $30
million at 15%. There goes the budgetary basis. In fact, the $34 million
they are collecting, $30 million of that becomes surplus revenue for
redeposit back into the CITA. They can eliminate the majority of all
taxation and still have a surplus, which is returned to the resident
property owners as an annuity dividend check. Because it's set up for
their benefit.
Now, folks, what we're talking about here
is not cutting back on a tax increase. What we're talking about is
changing the principle of operation, of government - where, from the
existing liquid investment funds that have built up over the decades, the
wealth projects that government's operating right now, combining the
operation as a whole where the revenue that is ... you know, the surplus
revenue, the revenue that can be re-appropriated into the CITA - that
fund, the CITA fund, just from the interest and dividend return on that
fund, can satisfy the budgetary requirements, thus eliminating all
taxation for that city, that county, that state. [ In effect, an annuity
pension fund for the resident property / taxpayer having the ability to
phase out all forced taxation and upon prudent financial management,
provide a dividend return on top of no forced taxation]
Also, we can recommend downsizing of
government to get it back into an appropriate proportion to private sector
versus government. We have a chance here to change this country
immediately through effective action and disclosure. We're up against a
very powerful structure [syndicate]. The arrogance factor behind that
structure is absolute. The top individuals running this structure on the
investment side, the brokerage side, the banking side, they have egos the
size of the World Trade Center. They have accomplished their objective,
they have the control. But the public does own this country. Through
effective action and unified force between the public we can correct this
in a very short period of time. The structure has built up over 65 years
and can be reversed in three to four years. And if the public unifies
across the country it can be done on an effective level where we can
eliminate taxation in this country for all time to come and create a
situation where a dividend return comes back to the public.
We'll continue on Program Two of this
series on specifics on the CITA. I thank you for your time.
Internal Revenue Code
Section 6654(e)(2)(c) states:...no tax liability...if....the individual was
a citizen or resident of the United States throughout the preceding taxable
year. IRS contends the success of the SELF-ASSESSMENT system depends on
VOLUNTARY COMPLIANCE
All
human rights are natural and cannot be taken away by any legitimate means.
This is the premise of the Declaration of Independence. The United States
Government can only exercise powers given to it by "We the People" through
the U.S. Constitution. The "income
tax" is an INDIRECT TAX. There is no section of law in the Internal
Revenue Code (Title 26 USC) making a CITIZEN or a RESIDENT working and
living WITHIN A STATE OF THE UNION, LIABLE to pay the INCOME
(indirect/excise/duty) TAX.
REAL Freedom
Library
History of Banking Fraud:
The Coming Battle
By M. W. WALBERT
Read about the manipulation
of our money and its supply, the intentional creation of recessions,
depressions and panics, manipulation of the stock markets, and the
demonetization of silver.
Secrets of the Federal Reserve
by Eustace Mullins
Eustace Mullins' carefully
researched and documented treatise picks up from Walbert's expose' and
brings it to the mid 1980's
The
World Order
by Eustace Mullins
How control of the world's money has inexorably led to an ever tighter
grip on control of the world's people.
Brave New World
by Aldous Huxley
Huxley presents a dystopic view of a future
in which mind-control creates a harmonized society stratified into classes
suitably manipulated and deprived to carry out work tasks with a hive
mentality. A foreign element is inserted when a high ranking Alpha brings a
Native American from a Reservation and a new perspective on freedom gnaws at
the fabric of the propaganda matrix.
Propaganda
by Edward Bernays
Walter
Lippmann's book, Public Opinion, published in 1922, detailed the
study in which he and Edward Bernays were involved while in London during
the First World War. It had to do with painting pictures inside people's
heads, which were cunningly and deliberately designed by expert craftsmen to
mislead not only individuals but entire societies.
Pawns in the Game
by William Guy Carr
This is the classic expose' of the New World Order from a Commander in
the Canadian Navy through the first half of the 20th Century.
Commander Carr was introduced to the Hidden Hand early in his life and
pursuing its mysteries became a lifelong mission.
Social Credit
by CH Douglas
In every country of the world the global financial system has
repeatedly been brought to the Bar of
Public Opinion as the chief factor in world unrest, and there is little
doubt that the jury of We the People has confirmed the Verdict somewhat rhetorically
expressed by Mr. William Jennings Bryan in his famous election speech: "The
money power preys upon the nation in times of peace, and conspires against
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Social Credit by C.H. Douglas can clarify the issues from which we can
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Final Warning: A History of the New World Order
by
by David
Allen Rivera
David Allen Rivera has assembled a very carefully written history that
can serve us well. To have been
ignored in the history books, by the colleges and
universities, the print and electronic media, and the entire
national and international discussion shows their power to control
the flow of information as much as they control the flow of money.
What they intend to do with this power and influence should be one
of the most vital topics of conversation.
An Independent Investigation of 9-11 and its Zionist Connection
by Dr. Albert Pastore
History
provides patterns that we can learn to recognize so that we can avoid
them. Properly presented, history provides any of us with
invaluable tools to help us see behind the illusions. No one who
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Uranium Wars by Leuren Moret
How control of the world's people has inexorably led to wider use of
depopulation methods which include spreading radioactivity in food,
water, air, and the human genome.
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Bad Debt Expense and Allowance for Bad Debt
Bailout for the People! A Bailout for You!
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Citizens Economic Stimulus Plan - Stop Paying Credit Card
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How I Clobbered Every Bureaucratic Cash Confiscatory
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Judgment against Bill Collector Violating FDCPA
National Arbitration Forum’s
Wall of Secrecy Begins to Crumble
Pretexting: Your Personal Information Revealed
Signature Without Liability
Statute of Limitations for Debts, Judgments and Taxes
Sui Juris: The Truth in the Record
Supremacy Clause Article. VI and Federal Preemption
Using Restrictive Endorsements to Settle Debts
Using the Fair Debt Collection Practices Act Against
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© 2007, Allen Aslan Heart / White Eagle Soaring of the Little Shell Pembina Band, a
Treaty
Tribe of the Ojibwe Nation
