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Citizens Economic Victory Initiative (C.E.V.I.)
Are Bureaucrats Hiding Billion$? Commodity Trading Advisor and Analyst Walter Burien has done extensive research on the CAFR or "Comprehensive Annual Financial Report." This could be one of the most damning exposures of government financial fraud and abuse exposed in many years. This seems like a prime example of THE BIGGER THE LIE, THE MORE DIFFICULT IT IS TO EXPOSE. Most people's immediate reaction might be, "No! This can't possibly be true! Nobody would even try something like this and think they could get away with it!" But what if it is true? Could this information be used as a weapon to help defeat the thieving tyrants? I suggest that it may be worthwhile to do some digging and find out for yourself... You can read the Notes in your Comprehensive Annual Financial Report (CAFR) yourself. They should break down the allocations for investments. You may also find investments that are not disclosed and are kept separate from the balance sheet in the report. Make sure you have several other citizens learning with you, making the discovery along with you. Guess what?... Most States are funding their own bond issuances, tagging the taxpayer for repayment of the bonds that are funded with their own states' investment funds... This is being done under irrevocable trusts with the funds being taken off the balance sheets until maturity. The "Budget Report," on which the media and government intentionally focuses the public's attention, is the expense side of traditional governmental services, WHICH THE MAJORITY OF THE PUBLIC IS AWARE OF, while the "CAFR contains the profit side of Government-owned businesses/Agencies and "Investments" which are considered to be "outside the Budget Report" and are restricted by statute from being included as direct revenue into the "Budgetary Basis." [Editor: Is this another example of tyrants and bureaucrats operating according to the de facto "US Constitution": ANYTHING GOES... THAT WE CAN GET AWAY WITH!] Index For more information, contact: Walter J. Burien, Jr. Feedback: What did you think of this article? We'd like to hear your thoughts. (Please mention the name of the article to which you are responding.) |
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