Wednesday, June 6, 2012

Walter Burien: CA Comprehensive Annual Financial Reports Show $8 Trillion Tax Surplus

Carl Herman, Contributor
Activist Post

Walter Burien is the pioneer for communicating that government-claimed budget deficits are criminal lies of omission when compared with colossal tax surpluses revealed in their Comprehensive Annual Financial Reports (CAFR).

For example, California Governor Brown claims the state budget deficit of $16 billion requires austerity, when the state CAFR reveals $600 billion in cash and investments.

The crime of economic fraud is a state governor with fiduciary responsibility failing to clearly communicate this tax surplus over 35 times the claimed deficit, and to submit this data for independent economic cost-benefit analyses for public consideration of all our options.

When all California local governments’ CAFR surplus accounts are totaled, Californians have been overtaxed by $8 trillion dollars in a sampled study of the more than 14,000 government entities.

The criminal fraud expands with Governor Brown vetoing a bill that would document the state’s ability to create at-cost credit through a state bank, and failing to communicate the success of North Dakota’s state-owned bank producing increasing budget surpluses.

Most Americans are unaware that this is really how the “1%” play the game of power and control. My 18 years’ experience working with both parties’ “leadership” in attempt to end domestic and global poverty proved that they will break every promise (public and private), and lie through corporate media control.


The objective and independently verifiable facts disclosed in public CAFRs require no belief, just verification of the data. The endgame of this massive manipulation of the 1% is the 99%’s recognition that the facts prove the 1%’s crimes, demanding their arrests, and then having good-faith public consideration how we can best build a brighter future.

Walter explains the purpose of this “game” (slightly edited), with a proposed solution that can, and should, be considered by independent cost-benefit analyses to fully understand our options:


Diversification and achieving the highest rates of return has always been the-name-of-the-game for the inside players.

 
History has proven time and time again that wars, recessions, depressions, boom or gloom has always been very profitable for the select gang of controllers calling the shots and orchestrating events.

 
The off-shore game of taking advantage of 3rd World cheap labor started into full swing back in 1982 with CALPERS going into CALPERS International.

 
I note that all local government fund managers coast to coast were sent a communication recommendation back in 1982/3 to participate with CALPERS International with it noted they could bypass their own local government fund management restrictions per participation in derivatives and foreign investments by doing so.

 
From the get-go taking advantage of cheap foreign labor and manipulating of foreign governments through what I call massive Global Management Funds was VERY profitable. Trade policy such as NAFTA, GATT, etc. were designed specifically to accentuate those profits. Mexico was the first target at the end of the 80's, then the Soviet block countries in the 90's, and then the big cherry China starting in 2000.

 
It all boils down to "Greed" and "Opportunity" "Unrestrained."

 
No ifs, ands, or buts involved; only closed door discussions on the next acquisition takeover for massive profit. Appeasing, entertaining, misdirecting, and distracting the population from viewing or having any basic cognitive thinking per the wealth amassing within government on all levels was worked into a fine-tuned Stradivarius violin concerto.

 
The public has always been the mark for the last 10,000-years. The how and method by the financial / industrial complex in cooperation with government controllers has just been refined as the ticking of the clock continues. The public has not stood an ice-cube's chance in hell with the financial/industrial complex teamed up with government to utilize the public as a productivity resource to be drained and managed. Social engineering has been designed to facilitate the conditioning of the public to shut-up, follow instructions, and do what they are told.

 
The problem with you, I, and all the rest is having been conditioned to not cutting-out the clutter and distractions where our focus is broken from the fundamental basics of allowing government operatives, others to build their fortunes from within government to the population's severe disadvantage.

 
A basic example is in California: The "County" of LA had a budgetary basis in 2007 of 17.5 billion dollars. From 2008 to 2011 the county of LA promoted how they were pulling-in the belt and cutting back expenses. Stories of lack of funds flew through the news and political party streams. The realty of the situation was from 2007 to 2012 (five-years) LA County as seen in their CAFR increased their budgetary income from 17.5 billion to 25.8 billion dollars, an increase of 8.3 billion or a 47% increase as they promoted to the population they were in dire-straits and cutting-back.

 
It does not take a genius to see the basics at work here per the local government of LA County's wealth-base increase of annual income as the population is driven further into poverty. To allow the public to be distracted or misdirected away from such an overwhelming basic fundamental is unacceptable in any light.

 
We are all working on trying to bring the "basics" of the wealth involved ever building within government into view. We all have done our part as megaphones attempting to kick the public in the ass to wake-up and look. 
Looking is one thing. Comprehending is another. With that next step being the hardest of all: Correcting the situation in the "Public's" behalf.

 
I know all too well that it will NEVER happen as long as the financial/industrial complex is teamed up with government to utilize the public as a productivity resource to be drained and managed. 
The ONLY way the force necessary to modify the situation is accomplished is to put the public, the financial/industrial complex, and government all on the same page with the same common objective. That scenario has not existed from the get-go. 
The common denominator that makes it happen is by making the population the "First-Line-Beneficiary" of the investment arena returns through and by utilizing that massive and ever-growing government investment return as a "written in stone" objective to meet governments’ general purpose operating budgets as ALL taxation is incrementally and systematically phased out. Government has its own management teams in place today to make this happen tomorrow. 
With this being done, all three power structures are now on the same page, with the same common objective being a prosperous economy for one-and-all.

 
Government's intent in relative transition changes towards the population from one of: Draining and managing, to one of wanting to see the population as wealthy and prosperous as they can be. In doing so, all prosper and not just the financial/industrial complex in joint partnership with government.

 
With the population as the first-line-beneficiary with the set objective being the elimination of taxation through investment return / enterprise contribution, the "playing field" is leveled for the first time in history, of which in most probabilities will lead to a thousand-years of prosperity for one-and-all.

 
The end of 2012 will be the beginning of a new world with the first local government venues establishing the principle of eliminating taxation through what I have called the TRF (Tax Retirement Funds). The TRF prospectuses will have what I call the twelve-points that will be in effect written in stone as core principles not to be deviated from. The basics of the first four-points simplified are:


  1. Systematically within set parameters meeting operating costs for a local government from the returns generated from the TRF management teams assigned. (One revenue source taxation is replaced in its entirety with another revenue source investment return combined with a percentage contributed from Enterprise income)


  2. Non-Tax fees; fines; service charges are capped and then targeted for reduction by being supplemented with revenue generated from TRF operation.
  3. A local government's operating financial annual growth shall not exceed the financial growth of the local venue's population.


  4. Financial penalties and sanctions will be levied against a local government operating under the TRF funding principle if governmental authority is utilized to take revenue from the public that violates the principle of the public being the "first-line-beneficiary" from wealth being generated by that local venue.


What the country faces under the last several decades’ course within government is economic collapse. TRFs bursting forward coast-to-coast building what would be virtual unlimited capital reinvestment under sound principles opens the door for true growth and "stable" economic prosperity.



Sent FYI and for your positive thinking: thinking poised to give birth for the millennium promised to one-and-all from across the land.


Sincerely and truly yours,




Walter Burien - CAFR1

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Carl Herman is a National Board Certified Teacher in economics, government, and history. His hobby is research, education, and lobbying for improved public policy. His conclusions are explained and documented in these two articles (academic/professional voice, and more passionate citizen voice):

Open proposal for US revolution: end unlawful wars, parasitic economics
Common Sense for new American Revolution: revolt from US government by dicts


He can be reached at Carl_Herman@post.harvard.edu


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15 comments:

Scott said...

Good article, but I don't think points 1-4 will ever happen. I recall that when Ronald Reagan was President, my econ teacher in college, explained that, if you add up all the States surpluses, they would cancel out the Fed budget deficit. I've learned, it simply doesn't work that way.....

lonegranger said...

Nice ideals, but you're dealing with the first line of defense, politicians!

Do you think that you could convince a metro sewer rat to abandon a climate controlled environment with a source of abundant nutrition to return to the perils of living in an open field?

Carl Herman said...

What must happen first, Scott, are arrests of the criminal 1% for obvious crimes centering in money and war. We're polarizing issues to make this clear to the 99% that the 1%'s policies kill in the millions, harm billions, and loot trillions.

The 99% are near the end of their choosing period, whether they have the intellectual integrity and moral courage to deserve better, or whether they need more tyranny closer to home.

Anonymous said...

In better times peasants grabbed their scythes and pitchforks to take care of such problems.

Very Dumb Government said...

I just watched this video and quite frankly, this man makes too much sense. He does a good job in explaining this, but people have to pay attention.
Government as we know it is too intrusive, expensive, and violent. It is a complete piece of fecal matter.

Anonymous said...

The argument for the surpluses have always been to support the bonds issued to private entities for long term improvements. This author would have one believe that only ongoing expenses operational are what matter but it is not. The state bank makes a lot of sense but Brown and others refuse to tick off the major banksters. vote him out if you don't like his position.

Anonymous said...

Pointing out the obvious, folks, myself included have been conditioned to believe economics is far too complicated and just leave it up to the politicians because they know what is best for us peasants. But I did notice that the title of this article may be typo, isn't it a billion and not a trilion. Anyway, I agree with the author's assessment and put these bastards in jail is the on the top of the list. That must be why they spend so much money on private armies because we are coming after these pricks soon.

Anonymous said...

Been following Walter for years. He is dead right.
All need to reclaim their birthright/Bond and become first in line beneficiaries to the TRUST/Estate that they have been using on our behalf. I have already claimed my birthright STATUS and collapsed the TRUST. very simple to do once you know how. www.notice-recipient.com shows all how to make their claim on what they consider abandonned property since the beginning, starting with your birth/certificate/BOND. All one need do is claim it and collapse the TRUST. When will the people wake up. pete

Carl Herman said...

Anon from June 6: we don't need debt securities, we just need to fund infrastructure projects directly with either created debt-free money, or at-cost credit for any shortage.

Anon from June 7: it is $8 TRILLION from the sampling data of California's ~14,000 different government entities. And yes, it's staggering. CA state's CAFR shows $600 billion by itself.

Lemurianhealer said...

Actually,...at a County level....get integrity people who know this...campaign this is how much the county has in surplus...They sign a contract of accountability that when they all win the different seats...they will spend 80% of the surplus on the county...before any more tax collections that go to county...then contract of accountability...to use 80% county taxes that come in used for the people only 20% goes to slush funds...from then on... The CAFR of Independent School districts, county cities..will follow suit; LOL and a cap of how much can go into "pension slush funds" where 100% above needed is slushed. Also NO DAMN BANKER is the Trustee...make it the county CPA; then have each county,..do what Ithaca, NY started in 1990...ONE HOUR BILL = 10 (non) Federal Reserve Notes (IOU's) based on hour of labor,...1/2 hour bill etc...
Keep 2 million in their county first year...using Ithaca Hour Bills...LOL in Ithaca We Trust... go for it! Youtube.com "The Story of our Enslavement" a must see...William Wyttenbach, M.D.

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apeman2502 said...

Carl Herman's approach is the only one that will work. Unless the trillions of dollars is in the form of false investment or flown the coop derivatives, relief exists. My guess is that most of this windfall is bogus investment, without a reality to back it up beyond the numbers on the paper and a file on each in the Caiman Islands someplace.

Anonymous said...

I answered all the questions as Koolz some of those questions are just stupid though. See if he puts them up.

Walter Burien said...

apeman2502: Sound-bite conditioning to your own disadvantage is the only reason you would think:

"My guess is that most of this windfall is bogus investment, without a reality to back it up beyond the numbers on the paper "

Government, Federal and Local have focused since the 60's on "Taking it all over by investment" little bit by little bit each and every year. HARD ASSETS and OWNERSHIP of the prime commercial property; Fortune 500 Companies; that Debt they locked the population into through their middlemen the banks / insurance / brokerage Companies; 3rd world countries taking advantage of cheap labor; etc., etc.

As they did so over the decades, trade and government policy was designed to enhance those profits from those investment holdings. Collectively between Local and Federal the "International" investment holdings are a conservative 110 trillion dollars in value come 2007. THESE ARE HARD ASSETS THAT GENERATE SIGNIFICANT RETURNS.

The derivatives are the "paper" investments that liberate all others of their wealth as you hedge against your hard asset holdings. A derivative is a paper investment that locks in time / price. If you are in the correct direction, and severe swings take place (most are intentionally manipulated to do so) your derivative position on 1% to 3% MARGIN controlling 100% of the true value makes a fortune. You close it out and walk with the cash.

If you are ass-backwards, you can watch your money fly out the window.

BOTTOM LINE? Who is walking with the majority of those profits after those sever swings take place? ANSWER: Institutional government investment funds.

General players in the derivatives market usually get their tail feathers burnt off 99% of the time. They cannot compete with the institutional government investment fund management. Especially when those managers network with each other "creating" the market with their combined equity moving the market. Keep in mind they also spoon feed the News Media what they want you to hear or impression given.. Gives meaning to that old expression: "Walk into my parlor said the spider to the fly."

In reality the population has been masterfully entertained as easy marks for wealth transfer. Must governments look at the population as something to be "drained" and "managed". Per the population's interests it never has been a good thing nor will it ever be a good thing.

What I have proposed through the TRF puts all on the same page as a win-win for one and all through the end result of a VERY prosperous economy for a thousand years.

The greed and opportunity from the inside players that has been cascading unrestrained now for over 5-decades will take quite a bit of attitude adjustment. Even there it can be an easy thing due to the FACT that most of the inside players know that the current coarse we are on is a 200 car Freight Train moving at 400 MPH at a 1-mile thick concrete wall. The collision will not be a pretty site and all loose: Government; the financial and industrial cartels; and the population. The TRF funding principle for government firmly taking root and implemented with true vigor can avert that immanent collision and bring forth what has been called the Millennium, "A thousand years of prosperity for one-and-all”.

The TRF funding principle puts all on the same page and brings forth that reality of the Millennium.

The reason it WILL HAPPEN is the fact that this procedure satisfies the "greed and opportunity" factor for one-and-all. Done so for the first time in history as a win-win for one and all. (Government; Financial / Industrial cartels; AND the Population)

I will be making my pitch to the DC gang in the near future as soon as funding and scheduling is finalized for the trip. I think I can get the point across to get all on the same page. Especially in light of the current circumstances and the "POSITIVE" effect this matter brings forth.

Wishing the best for one-and-all,

Walter Burien - CAFR1.com

Jim Stout said...

Wow, it looks like freight brokers have been busy at work!

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