- CAFR1 Waking Up
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- Hey Dude, the cookie jar is over there!
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- State CAFR downloads:
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- http://cafr1.com/STATES/
- (CAFR1 INTERNAL DOWNLOADS)
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- http://cafr1.com/listings/Listings.html
- (Links to Government download sites)
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- KNOW THE GAME:
- http://cafr1.com/TNT.html
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- SEE THE HOLDINGS FROM JUST ONE (1) CAFR!
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- New York State Retirement Fund CAFR Holdings
- 133 Billion Dollars
- http://www.osc.state.ny.us/retire/aboutus/annrep05/assetlist091405.pdf
- (This one is a .pdf download)
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- Tax Retirement Funds
- High points of the Tax Retirement Funds (TRF)
- 1. 65% reinvestment into communities.
- 2. 15% - 20% RETURN ANNUALLY!
- 3. The Complete phase out of taxation of all types
- 4. Complete transparency of public funds- as it should
have been
- 5. Public approval rating. 1-10 a 10!
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- NOTES:
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- I use the 60-65% figure for reinvestment in the local
communities and not 100% being that the rate of return should be the determining
factor. At 65% you would have a (0%) unemployment rate. Reality of those
good international returns dictates 65% not 100%;
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- The rating and a set capability for the fund managers
to determine annual bonuses for themselves based on the approval rating
and stable performance accomplished is a good thing. Just remember; The
bigger the carrot, the harder the managers will push to accomplish the
objectives.
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- What will be required as a back-door safety net when
all taxation is phased out; In the event returns fall to a point that jeopardizes
budget requirements (highly improbable based on the exemplary performance
shown over 65 years from government's own pension fund management) , a
variable sales tax would be available to meet any shortfall. If the local
administration activates the variable rate sales tax, then "they"
will get specific penalties to "their" sensitive areas; no bonuses,
cut in pay, and continued downsizing until the sales tax is brought back
to zero (0).
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- WELL, What the Hell are you waiting for? Make
it happen in your local government! Unless that is; You like it the way
it is now.
- __________________
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- Walter J. Burien, Jr.
- P. O. Box 2112
- Saint Johns, AZ 85936
- 928-445-3532
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- WalterBurien@CAFR1.com
- http://CAFR1.com
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