| U.$.
$TATE$
HIDE BILLION$ IN $ECRET $LU$H FUND$ |
By James P. Tucker Jr. of AFP
Network
The Minnesota
state government shut down in July, closing state parks on a normally
busy holiday weekend, because of a $5 billion “budget deficit.” At
least 10 states have expanded gambling options for casinos, inviting
more mobsters into their streets, again because of “budget deficits,”
which they blame on the weak economy. However, it’s not “deficits” but
states hiding money that causes this pain. Minnesota’s shutdown threw
thousands of state employees out of work. Construction projects
stalled. Millions of dollars in state revenues were lost. But Minnesota
had $2.9 billion hidden from taxpayers in fiscal 2010, which ended June
30.
U.S.
SLUSH FUNDS
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DIRECTORIES
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Assets
exceeded liabilities by $10.9 billion. Another
$2.9 billion in
“unrestricted net assets” were hidden from public view.
What
all
states are not saying is they have plenty of bucks salted away, but you
aren’t supposed to know that. Each year, all state and local
governments prepare a financial report on assets, liabilities, revenues
and expenditures called the Comprehensive
Annual Financial Report, or
CAFR.
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You read about the budget and
how your tax dollars are supposed to be spent in your local newspaper,
but you don’t read about money hidden in the CAFR, because America’s
controlled media hides these important facts.
CAFRs combine the financial
reports of government agencies at all levels. They report all
government funds, including those held outside the government treasury.
It cites amounts owed the government but not received by the end of the
fiscal year. It contains information on real property and other fixed
assets and long-term obligations held outside the government treasury.
Walter
Burien, a former commodity trader and leading authority on
CAFRs,
claims that state governments are sitting on more than $600 billion
worth of assets. And that’s just the states. When you tally up the
holdings of all 85,000 local, state and federal governments, the value
of all of the assets comes to about $60 trillion, says Burien.
“Being
that the CAFR is the accounting document for every local
government, and with it effectively being blacked out for the last 60
years, this intentional omission of coverage is the biggest conspiracy
that has ever taken effect in the United States,” said Burien. It’s
“the biggest game in town.”
Alan
Greenspan, a Bilderberg luminary, got it right years ago when he
testified as chairman of the privately owned and controlled Federal
Reserve before a Senate Committee: “I’m of the old fiscal school that
you raise revenues for basic government purposes and if you don’t have
those purposes you give the money back or you don’t tax it. . . .
[P]rivate rates of return are significantly higher than the government
rates of return.”
The good
news is that, thanks to the Internet, it is becoming increasingly
difficult for governments to bury their assets. A quick search on the
Internet turned up thousands of websites dedicated to exposing CAFRs.
AFP editor
James
P. Tucker Jr. is a veteran journalist who spent many years as a
member of the “elite” media in Washington. Since 1975 he has won
widespread recognition, here and abroad, for his pursuit of
on-the-scene stories reporting the intrigues of global power blocs such
as the Bilderberg Group. Tucker is the author of Jim Tucker’s
Bilderberg Diary: One Man’s 25-Year Battle to Shine the Light on the
World Shadow Government. Bound in an attractive full-color softcover
and containing 272 pages—loaded with photos, many never published
before—the book recounts Tucker’s experiences over the last quarter
century at Bilderberg meetings. $25 from AFP. No charge for S&H
in U.S.
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100 Washington, D.C. 20003
Walter Burien Comments:
The
key focus is and should be: The public has been trained not to look.
They are conditioned to be fed selectively presented sound bites
designed to keep them off in La-La land and the presented syndicated
experts are nothing more than talking head party line players
perpetuating the same. The reverse key is that anyone who runs their
own business can catch what is going on "if" they independently look
and
then comprehend the "structure" of any local government when looking at
and deciphering their Annual Financial Report. Then when the
basics are
seen the real revelation comes to play: The "collective" totals from
the thousands of government AFR reports. Then the routine of
white is
black, poor is wealthy, and we are here to serve you flips on its back
based on reality and not the conditioned spoon feeding we all have been
subject to over a lifetime.
Local governments have more wealth standing
and being generated each year than Midas ever dreamed about.
Government's use of reverse psychology has worked very well
for them
but upon view of the "reality" of the takeover by collective government
the fabric deteriorates very quickly. Here the danger rests.Just as in
any con-job when exposure comes to play distraction inflicted by the
thief can be very perverse and severe to maintain control over the
situation. The danger here can be very extreme. The fine line I am
walking is to present an alternative that utilizes the wealth for a
win-win for all involved. The TRF that makes the population the "first
line beneficiary" of the wealth through the phasing out of all taxation
"and" will not implode the theft but convert the structure to a
millennium stabilized event. The big issue is that: being
government needed the full cooperation of the syndicated media;
controlled education; and both political parties to pull off the
take-over accomplished over the last 70 years, the lock is well
established towards feeding the public BS resulting in mushrooms
growing in the dark. To break through that wall requires the
realization from the controlling parties that the TRF is "more stable
and profitable" for one and all in the long run. Getting close but not
there yet.
One thing I am confident about though is when the dam breaks
it will give birth in a very dynamic and over-powering
fashion. The
complete structure necessary to make it happen is in place today from
within government institutional fund management.
Just as in a
marriage, the decade long cheating husband when discovered leads to two
end results. A bitter breakup or the wife becomes the best friend of
the "other woman" and the husband at that point is forced to very
carefully watch his step.
Walter Burien - CAFR1
P. O. Box 2112
Saint Johns, AZ 85936
Tel. (928) 458-5854
ALSO SEE - LINKS
The 1-2-3 "Basics" to fill in the comprehension void [Government
Ownership]
Walter
J. Burien, Jr. A Real Patriot in Action
Economic
Crisis Directory
The
Biggest Game in Town/The Only Game in Town
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