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CAFRs Comprehensive Annual Financial Reports (CAFR), state government
http://www.financenet.gov/financenet/state/cafr.htm#index
Texas State 1997 CAFR - It lists under the "local Government Investment
Pool" $5.5 Trillion.
California State CAFR 1997, lists total investment assets of about $3
trillion "BUT" in the notes it will direct you for the complete accounting
to the "Legal Basis Comprehensive Report" showing $12 trillion under
management.
Just so we don't miss the most basic point here, composite government has
amassed in total liquid assets, $60 trillion dollars plus. The total net
worth of the private sector is $25 trillion.
There are 10,000 cell operations that make up the whole. The principle of
operation is: Through trickle down economics, just enough revenue is
released to the public to keep the chipmunk running on the treadmill
chasing the carrot, as they, the composite government boys, tap off 80% of
the energy from the treadmill, thus keeping the public working at optimum
efficiency. Why do you think Gorbachev went democratic?
Composite Government funds ( this is our tax money, folks ) , listed as
institutional fund, own 71% of Xerox Corp., 41% of AT&T, 57% of Motorola,
etc.
Insurance company equity participation, (mandated federal law 1968 enacted
1978 fully in effect, for 1/3 of the value of the insurance policy, to be
on deposit and held by the insurance industry as a major catastrophe fund:
New Jersey State 1998 CAFR is $34 Billion dollars, California is $1.2
trillion dollars, Federal is $3.6 trillion. The revenue in the catastrophe
fund, 86-90% is provided by composite government investment funds. That's
about $8 trillion. Do you know what the annual interest income is on $8
trillion at 4 to 5%? Undisclosed tax through enactment of law on the
insurance industry for the creation of the fund, where they, composite
government, provided the revenue to meet the revenue requirements. Ever
wonder why auto insurance rates are so high and payment is enforced by
armed force? Well, lets see, Arizona, minimum coverage is $30,000 1/3 =
$10,000, 5% annual interest on $10,000 = $500. Typical insurance is $658
per year - $500 = $158 to the insurance company.
STOP LOOKING AT THE LEAVES ON THE BRANCHES OF THE TREES OF THE
FOREST... Look at THE FOREST...
Composite totals show the clear and unequivocal financial take over of the
wealth of this country from the people.
Composite government pension funds = $28 trillion. The entire private
sector will never realize that amount. Get the point?
Bottom Line- OPEN DISCLOSURE TO THE PUBLIC OF COMPOSITE TOTALS First step:
The CAFR has been hushed through cooperative nondisclosure to the
public. Immediate disclosure OF THE NAME of the report to the public is
paramount. As of 1998 large sums of revenue, fiduciary and trust funds,
are not listed and are accounted for in other documentation noted in the
CAFR. Prior year reports 1997-1975 are imperative to be looked at when
following the money trail.
The NAME OF THE GAME is composite totals which shows the degree of the
financial takeover. Government has turned into a virus and the public is
the host for that virus. The problem is that the virus is now
substantially bigger than the host..
Please get the word out today so that the public can see the forest
for the first time.
Special thanks to:
Walter J. Burien, Jr.
PO Box 11444
Prescott, Arizona 86304
phone:520-445-3532
email: cevi@aol.com
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