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CAFRs: The Biggest Game In
Town - The Walter Burien Story
By Tena of TenaVision
For The Rumor Mill News Agency
http://rumormillnews.com/WALTER_BURIEN.htm
7-10-1

What if your town had an annuity pension fund for the resident tax payer? What if the interest and dividend yield from that annuity satisfied all the budgetary requirements of that town? What would your have? Self sufficiency in government without taxation!
 
Is your money important to you? Is "not enough money" making the difference to your family between eating or not eating? If you didn't have all those anonymous deductions from your paycheck could you buy more food, get better tires, buy braces for your kids' teeth, save a little, or maybe even a lot, or even help your Mom living on $250 per month social security? Maybe if the money was worth more?
 
MR. WALTER BURIEN'S STORY
 
A commodity trading advisor for 15 years, Mr. Walter Burien is not afraid of large figures and is very familiar with "liquid investment" funds. He knows the differences between the "cost-expense-service" sections of budget reports and the "profit-investment-money generating" parts, kept separate from the budget report given to the public. Because of his search for the truth, he can tell when the budget numbers "don't add up," even if that budget is our own government's.
 
COMPREHENSIVE ANNUAL FINANCIAL REPORTS
 
CAFR's (Comprehensive Annual Financial Reports) are government books which show [a more] complete financial picture of our government operations, both the expenses, incomes, investments, and assets. These books are not the same. In fact, the CAFR information is excluded from the normal budget reports by statute law. The controlling parties have made it against the law to include certain income information in budget reports.
 
Each city, county, state, and federal part of our government, both local and federal, plus autonomous supporting agencies such as the New Jersey Turnpike, New York Throughway Authority, Citizen's Area Transit, School districts, retirement funds, etc., have their own CAFR's (or a CFS - Combined Financial Statement).
 
Added together, all these annually produced CAFR's make a mind boggling total of asset income as compared with the annual "budgets" published by government entities. Here's an example of what Mr. Burien means in his own words:
 
"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 your budget a hundred times over--account for every nickel, dime, and penny on your budget report. If you spent $19,000 this year for your house operation, you'd have a $1,000 surplus. If you spent $21,000 this year, you'd have a $1,000 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."
 
This example shows the two-tier accounting structure that they use: the annual operating budgets and the money they bring in for those costs they expend. They omit the DECADES of investment wealth, enterprise ventures which generate hundreds of billions of dollars each year, which are NOT INCLUDED in the budgetary basis. Our government is a financial empire! Government comprises 65% revenue as opposed to 35% private sector revenues.
 
States own stocks: billions of dollars' worth, funded by "composite government sources." This means that they fund their own bond issues, after you vote on them, of course. Individual corporations: Xerox, IBM, AT&T--their PRIMARY OWNERS are composite government funds! When you are looking at a company's stock roster and you see the term "institutional funds," in most cases those are government monies. A supposed "public" corporation owned over 51% by composite government funds, is a government operation, NOT a "public" one.
 
THE SCOPE OF THE CORPORATE FINANCIAL EMPIRE
 
There are 54,000 separate government corporations in America: cities, counties, school districts, authorities, who EACH produce their own CAFR reports. Added up, Mr. Burien shows $60 TRILLION dollars inclusive with federal government revenue. That's a lot of our money! So, the actual revenue broken down shows that 2/3 of the $60 trillion which is $40 trillion, belong to local governments, the cities, counties, and states, and 1/3 belong to the federal government.
 
THE FEDERAL CAFR's
 
When we look at combined financial statements, we will find a list of agencies included in the statements, agencies generating income for the federal government, even though the Federal Reserve Board of Governors and the Federal reserve are private, for profit, entities, not actually a part of our "government." Looking further, (usually on the last pages) we find a statement such as: "Significant entities excluded from these statements." There you will find the listings of the "cash cows" investment groups of government. Groups such as 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, etc.
 
Totals for federal government "When looking at the big picture" add up to about $16 trillion POSITIVE of the total federal operation.
 
Burien says: "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 this info does not show on the budgetary basis. So, currently, the federal government shows a slight deficit on budgetary basis, but the profit centers, which would show $16 trillion POSITIVE, are excluded. They could probably have a 50% reduction across the board of all taxation, on the federal side. Something to think about."
 
LOCAL GOVERNMENT CASH COWS
 
"The cities, counties, and states, they have their budgetary basis, the annual operating budgets, but they have "enterprise funds." Where I live, in Prescott Arizona, the city owns a golf course. Does your city own one too? Here is a $45 million dollar asset, paid for by taxpayer funds, developed, and not $1 dollar goes back directly to support the budgetary basis. Sale of the golf course back into the private sector would pay the cities 17 million annual operating budget for three years! They have investment funds sitting as idle funds. A lot of money--$48 million in Prescott." (editor's note: Is this how our new president got that stadium in Texas that he owns? Wonder who benefits from the monies collected when the public goes to one of their games there?)
 
MEDIA COMPLICITY
 
They absolutely MUST keep the public uninformed and in the dark about what is going on. This is major wealth and empire building. If the public knew about this, as tax dollar are being painfully and systematically drained out of their pockets, with local government yelling about budget revenue shortfalls, there would be an instant uprising against these deceits forced upon the taxpayers. How do they keep this "BIGGEST GAME IN TOWN" a secret? By cooperative NON-disclosure for the last 25+ years by "privately owned" media. There is a huge imbalance in our government operating budgets, taxpayer revenues, the investment profits generated by them, and what those revenues are spent for. The results of these operations is that we the people get poorer and poorer and they are getting richer and richer, and very few people can understand why this is happening. This is Americans becoming slaves.
 
Have you heard anything from the major media regarding these CAFR's? As Mr. Burien says: "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 (income) 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.
 
MR. BURIEN SPEAKS:
 
"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, the 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 their 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! What we have here in this country (America) is 100% communism under the guise of a free market capitalist system. The government owns everything." "
 
WHAT YOU CAN DO
 
Burien says: "This is no game, folks. We've had our heritage stolen from us right under our noses. The runaway growth is rampant. It has turned into a parasitic situation. If you look at the public as the host for the parasite, the parasite is now substantially bigger than the host. That's a serious problem, folks. The bottom line is DISCLOSURE. Yes, the public has this phenomenal growth on it's back and the majority of the public keep saying to themselves, "Is there something wrong here? Why are things not right? Why are things going to hell in a handbag?" We the people have only one advantage, folks--one advantage. 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. The only advantage we have is we outnumber the boys running the structure, about 400:1. This happens to be our country. What developed is wrong. We fell asleep at the wheel, and we have to correct it."
 
SELF SUFFICIENCY IN GOVERNMENT WITHOUT TAXATION
 
Mr. Burien shows a CITA: Citizen's Investment Trust Account, which can be implemented by initiative across this country. The CITA is an organization started by the taxpayers. They will have several Certified Financial Auditors who will examine the books--city, county, and state, as will be applicable to those residents in that city, county, and state, to identify surplus funds, venture projects, which no government should be involved in but the private sector should be handling, which the CITA would recommend for sale. Upon this identification 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..set up as an annuity pension fund for the resident tax payer. From the interest and dividend yield that is accomplished, it is to satisfy the budgetary requirements of that city, county, or state. In other words: Self sufficiency in government without taxation.
 
"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 surplus revenue that can be re-apportioned into the CITA--that 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."
 
Also, we can recommend downsizing of government back into proper proportion of private sector verses government. We have a chance here to change this country immediately through effective action and disclosure. We're up against a very powerful structure. 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 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 this 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.
 
 
 
 
Walter Burien CEVI P. O. Box 31121 Mesa, Arizona 85275 http://members.aol.com/_ht_a/cafr1/CAFR.html
 
WALTER BURIEN'S HOMEPAGE RMNews P.O. Box 1784 Aptos, CA 95001 info@rumormillnews.com The Uncensored National Rumor

 

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