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Showing posts with label CAFR. Show all posts
Showing posts with label CAFR. Show all posts

Friday, February 9, 2018

Don't get angry, get even!


Is and was there a News blackout on the CAFR?
by Walter Burien - CAFR1
02/08/18


OK, let's establish the fact that there has been a massive and cooperative effort by the Government, the News Media, and Controlled Education in creating and maintaining an almost complete blackout of the mention of the Comprehensive Annual Financial Report (CAFR) in their efforts to keep the general population clueless as to the financial takeover of the wealth of this country by collective government over the last 70-years.

We all know Google is the most extensive search engine on the planet today. The trillions of open source records maintained by Google is of no equal.

Well, this aspect of Google can be very telling when specific time periods are selected to be searched. For this example here, we will search the "News" feature of Google. Google archives go back over a hundred years.

So was there any mention from the "Syndicated News Media" of the CAFR over the last 60-years?
Keep in mind the CAFR accounting structure started in 1946 by the efforts of GFOA (Government Financial Officers Association) and became the standard by action of GASB(Government Accounting Standards Board) across the land in 1977. The CAFR is local government's statement of Net Worth, the most informative showing of the actual and massive wealth held and income generated by every local government across the land, or in personal comparison, an individual's Statement of Net Worth.
  
A document every taxpaying individual from across the land should have been going over with a fine-tooth comb to investigate and learn the "true" financial picture of their local governments that were hitting them up for decades crying shortfalls of money for more, more, more in taxes, fines, and fees. Increases perpetually enacted each and every year. The CAFR is local government's Holy Grail of accounting. So was there a cooperative effort being done to make sure the population did not have a clue?

Let's see:

Tuesday, August 22, 2017

Your "gOVERnMENt" is Robbing you Blind to Fund their Global Agenda



For the full Story on how government steals more money than they need to fund their lawful duties go here:

http://cafr1.com/listings/Listings.html

There are about 4600 CAFR reports of accounts hidden from most people.

What is gOVERnMENt  doing with all these millions?

Paul Stramer

------------------------------

This caricature picture has very high impact per generating a strong cognitive thought for the viewer who is unaware of the CAFR to investigate further, triggers curiosity carry-through, and after review of a few, to share the same with others.
It has the effect of exponentially breaking the "Silence is Golden Rule" that has been well in place for the last 70-years relative to the well in place suppression of the CAFR (Local Government's Holy Grail of accounting) being mentioned by the syndicated media; controlled education; and Political Parties, which is in accounting terms; local government's: "Statement of Net Worth" that every taxpayer should be going over with a fine-toothed comb.
I request sincerely that all on the CAFR1 National email list use this caricature picture on their website, postings, Facebook, email communications, etc. and that they share with all that they know to do the same.
The picture can be copied (right click your mouse over the picture and select "save image as") then when saved it can be re-sized larger or smaller to fit your use needs and make sure to embed the link (you need to re-embed the link after the picture file is saved and then used by you) to the CAFR example listings page.
A strong wish to you from CAFR1 and the TRFA of the best in life for one and all.

Truly Yours,

Walter J. Burien, Jr.
Manager - TRFA and CAFR1
P. O. Box 2112
Saint Johns, AZ 85936
 (928) 458-5854 Arizona

Wednesday, December 14, 2016

The Legacy of Easy Eddie ..... Or, Stop Being Stupid


By Anna Von Reitz

Al Capone's bookkeeper was a very talented and engaging young accountant named Easy Eddie O'Hare.  Easy Eddie gave us O'Hare International Airport in Chicago, thanks to his war hero son.  And he gave us the system of accounting that he designed for Big Al, via the FBI and IRS, and later adopted by the Government Accounting Office in 1946.

This is officially called "Double Entry Accrual Bookkeeping" or more commonly, "keeping two sets of books".

The IRS and FBI found out about this nifty trick accounting when they were investigating ---- and prosecuting ---- Al Capone.  They liked it so much that the "Government of the United States" officially adopted it following the Second World War.

The concept is simple.  Split the "streams of income" into budgeted and non-budgeted categories.  Then present only the budgeted amount for public notice and discussion.  People will naturally assume that the budgeted amount is all there is and not ask about the non-budgeted income----which becomes a giant secret slush fund.

Saturday, September 20, 2014

The CAFR Swindle - The Biggest Game In Town

Taxes are no longer necessary. This video exposes a deliberate and massive swindle that is perpetrated by every government agency from your local school district all the way up to the Federal government. 
This is the second Version of this expose' on public finance. Similar to first version, but incorporating input from Walter Burien and Clint Richardson.
See their sites for much more info:
cafr1.com
thecorporationnation.com
realitybloger.wordpress.com


Friday, May 24, 2013

The CAFR Swindle - The Biggest Game In Town

The following was sent to the Lincoln County Commissioners this morning May 24th 2013.

Gentlemen.
I noticed the article in the paper on the front page titled "County spending under scrutiny".
I have sent this video series expose' to my extensive mailing list in the county, and I am hearing there is lots of money to pay the bills WITHOUT RAISING TAXES. While I do think there can be cuts made that will not effect real needs in the county, I do NOT believe the county should be able to raise taxes while hoarding millions of dollars taken from the taxpayers and kept in these "special funds". You need to come clean about the CAFR report and free up those funds to pay the bills.
Not doing so will only hurt the county, and waste the taxpayers money.
Former commissioners who didn't do their job when our timber industry couldn't find enough wood are responsible for the loss of the PILT funds you are talking about, and do not deserve a fat retirement. They should have invoked co-ordination as per the NEPA law and forced the forest service to take into account our customs, culture, heritage, and economy.  Instead they did nothing.
As a result we have no mills, and will soon have no PILT funding left. 
THIS VIDEO SERIES will be seen by everyone in Lincoln county by some point in time, and you need to disclose the truth about our own CAFR funding so the taxpayers know the truth, instead of hiding that money.  We are doing ongoing study and will make sure over time that the truth is known about the money that is being hidden.  Besides that, the money is being invested in unsound stock market investments, when history shows that the market is now very artificially inflated and about to crash, just like it did in 2008 when billions were lost by CAFR accounts nation wide. You should be taking that money and investing in silver or gold or other more sound investments that will not crash with the stock market. In 2008 just before the crash the stock market had set a new all time record and is doing the same right now being over 15,000 points. I have sent the following out to my list.  I don't have Tony's email.
PLEASE, PLEASE watch all these videos. They play in sequence so just click the link and watch. It might save our county from certain bankrupcy.
Paul Stramer
----------------------------------------------------

Your county is a corporation and has a Comprehensive Annual Financial Report where they have hidden massive amounts of money.
This video series explains how the razzle dazzle works to raise your taxes.


The CAFR Swindle - The Biggest Game In Town


Oregon Representative Hanna from the Oregon House Floor noting to all that the OR State CAFR showed "Billions" (4.9 total) available over what all were being told of 500 million. Watch the reaction from the other Representatives, an: Oh, crap moment, "He broke the silence is golden rule". Mr. Hanna holds in his hand a copy of the cover page of the OR State CAFR and not the whole report.

Did the video go viral being just as applicable to every state and local government in the union with over a million views nationally in the first month of release?

No, as of 2013, five years latter just shy of 6700 views. 

Maybe now in 2013 viral it can be


Now if YouTube is redacting the view count on Mr. Hanna's video to keep the general visibility in the search engines low we will ever know?
The first is a 4-second CAFR1 intro and then it jumps into Mr. Hanna's 4-minute comment from the Oregon House Floor.

The intro will have its own view count as of today, 05/23/13 starting at (1) that should match on the bounce overs an increase when added to Mr. Hanna's video that stands at this time at 6,695 views where it has stayed frozen at for the last four years.

If the increase in views on Mr. Hanna's video is not reflected from the bounces from the CAFR1 intro then shame on you YouTube.

Sent FYI from,

Walter Burien - CAFR1.com
P. O. Box 2112
Saint Johns, AZ 85936Tel. (928) 458-5854

________________________

LEARN THE GAME:

1. A "Budget Report" is a selective funding of x accounts from x resources (set up to be primarily funded with taxation and it is for "the year")

2. An "Annual Financial Report" is the showing of "all" income: Investment; taxation; and Enterprise, plus the "accumulated wealth over decades. Budgets are for the year, an AFR is for it all since creation of the entity. Could be a showing for several decades if be, for over a century.

There is a big difference between a 1-year budget and an Annual Financial Report. A correct analogy would be: The budget to operate your house vs. your statement of net worth.

The public has been played with the biggest shell game of selective presentation there is allowing for massive fortunes to be made by the inside players over the last several decades with the full symbiotic cooperation of the syndicated media, controlled education, and BOTH political parties...

"Every" investment fund large and small is a power base. Where that money is invested determines what company; real-estate venture, etc., is made or broken. Thus in line with that, never a mention of the 184,000 AFRs of the corresponding local governments..nor the many thousands of specialty investment funds they contain. I note gov pension funds facilitate the same power base. Paying employee benefits from the return on the funds is an after thought for the government players. Where the funds are invested and with whom is the primary focus.

The head communists back in the 30's and 40's said they could take over America without firming a shot. The undercurrents of that statement were that they could depend on the greed and opportunity of the players to accomplish that goal and it did. US Collective government since 2000 brings in more gross income than the entire gross income of the population of the United States.

Taxation is rammed down the public's throat (1/3rd of the gross income) and Investment / Enterprise income (2/3rd of the gross income) the "silence is golden" rule is strictly enforced due to the massive money and wealth involved with the full symbiotic cooperation of the syndicated media; controlled education; and both political parties as has applied over the last century. Try to get your News / Political / School Representative, any of them to make simple mention of the CAFR as THE local government financial document to carefully look at, or mentioned in an open and public forum and see what happens.

Government was not supposed to operate at a profit. How did they get around this? For example if a city made a 100-million dollar profit during the year from one of their operations, at a stroke of a pen they create a liability account for whatever they wish, transfer, and "poof" there goes a profit now designated as a 100-million dollar liability.

Government debt? They are funding the majority of it with their own investment funds. An undisclosed tax by assigning collectively trillions of dollars of debt to the population for repayment with interest at the front door while covertly funding that same debt with their own investment funds through the back door. And you thought it was the banks behind the debt game. The banks are just the in-between fronted middlemen between you and your government.

TREASON: "Treason doth never prosper; what's the reason? For if it prosper, none dare call it treason." Sir John Harrington, 1561-1612

______________________________________________

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Thursday, August 30, 2012

Has Lincoln County hidden lots of money in special accounts like these other places?


Is this kind of thing going on in Lincoln County Montana also?
If you value your freedom and your hard earned livelihood you need to look carefully at what is going on around the country, with state and county governments salting away billions of dollars in special funds  and accounts, while at the same time saying "Oh we are broke and need to raise taxes to save government services"
Watch this video to see how bad this is getting in other places, then start asking questions of your county commissioners about how much money Lincoln County has salted away in these kinds of accounts.

The Sheriff who sold his county and his office.

Pull up all 3 of these.  A tremendous amount of information and links with each one of them! 
    



It's YOUR MONEY. So ask lots of questions of your county officials.
We are about to lose our PILT payments. That's 4.8 Million or more.
Will Lincoln County come to you with a request for a tax increase for this, when they have Lord knows how much money stashed away?

Ask the county commissioners to publish the Comprehensive Annual Financial Report for Lincoln County Montana for 2011.

Sunday, June 13, 2010

Secretary of State's Office Finds $3.3 billion in Available Funds

Senate Republican Office

Oregon State Capitol

FOR IMMEDIATE RELEASE

New state financial report details $3.3 billion in available funds

Salem, OR – Oregon’s Comprehensive Annual Financial Report (CAFR) released by the Secretary of State’s office last week states that more than $3.3 billion in “unreserved, undesignated fund balance… was available for spending[1].” A budget plan pushed by Senate Republicans calls for $133 million from those balances to help finance this cycle’s budget in a way that protects the economy and preserves important services.

“We can protect important government services and Oregon’s economy by using the money already at the state’s disposal,” said Senator Chris Telfer (R-Bend). “This report confirms that there are billions of dollars for use at the legislature’s discretion. We should use a small portion of this money to protect K-12 classrooms, higher education, services for the disabled and public safety.”

The CAFR, prepared by the State Controller’s Division at the Department of Administrative Services to analyze the position of the Oregon’s fiscal affairs, states:

“As of June 30, 2009, the State’s governmental funds reported combined ending fund balances of $4.4 billion. Of this amount, approximately 25.1 percent was reserved for nonspendable items, such as inventories and permanent fund principal, or for specific purposes, such as debt service. The remainder was classified as unreserved, undesignated fund balance and was available for spending, subject to statutory and constitutional spending constraints.”[1]

Since by definition lawmakers write statute, any statutory constraints can be addressed.

“This is money that has piled up in agencies from over-collected fees and it is revenue that has not been expended as scheduled,” said Senate Republican Leader Ted Ferrioli (R-John Day). “These are taxpayer dollars that should never be left stranded in the bureaucracy, but shifted to pay for services Oregonians need. If we use this money wisely, we can leave the economy to grow and recover.”

Senate Republicans have announced a budget proposal for the February session, saying that there are ways to balance the budget without increasing unemployment or drastically cutting services in the midst of a historic recession. See an outline of the budget here:

http://www.backtobasicsbudget.com/images/Back_to_Basics_Budget.pdf

********************
I would like to see an honest disclosure of the CAFR for Lincoln County Montana and for the the State of Montana.  How much of our taxpayer's money have dishonest bureaucrats hidden from the voters in "investments" that should be available to pay the bills of the county and state government?

Bureaucrats have turned government into a GROWTH INDUSTRY without any product that produces new and real wealth, and they saddle the cost on the back of the taxpayers, while they claim to have a "budget shortfall" every year. In the end, when they are discovered, they will want to use those funds to fund more goevernment, rather than to tighten their budget to make up for the financial difficulty we all face these days.

The definition of insanity is "Doing the same thing over and over, while expecting a different result."

Read more about CAFR hidden money here: http://www.cafr1.com/

Friday, January 1, 2010

CAFR1 NATIONAL POST Is Lincoln County Government doing this?

Here are a few big pointers for everyone's comprehension:


1. ENRON promoted their profit and hid their debt. Government on the other hand promotes their debt and hides their profit. The reason being is that as government promotes their debt to the public at the front door, and through the back door they are using their own investment funds to fund their own debt and thus locking in the public for repayment to guarantee a substantial profit. This is done through several methods. The basic is through investment accounts held through domestic and "international" banks, Insurance companies, and brokerage firms. The internal way of doing it is for a state to start a Financial Enterprise Operation as was the case back in the 90's in Missouri through the creation of The Missouri finance Authority (State created and run operation created without taxpayer approval or general knowledge thereof being that it had no taxing authority) whereby all of the Cities; Counties; School Districts; and State agencies invested through . Example: City (X) invests $100,000,000 and the same City (X) has three bond issuance's totaling $100,000,000 that are funded by the Missouri Finance Authority. Well, if city (X) was asked "Are you funding your own debt? They could honestly answer "No". If they were asked: "Do you have $100,000,000 invested with the Missouri Finance Authority and is the Missouri Finance Authority funding approximately 100% of your $100,000,000 in bond offerings, then the honest answer would be "Yes". This practice started back in the 70's across the country and come the year 2000 many local governments were 100% self funded using their own investment assets and as was the case with Missouri back in the 90's, the outstanding bond issuance that were funded by the private sector they came in and refinanced themselves a a .25 (1/4) pt lower. The only response I received from the investment manager of that authority when I contacted him back in 1999 was: "Look a t what a good job we are doing investing the public funds, we got them a quarter point lower then they could have got from the private sector"


2. Most local Government pension / retirement investment funds are set up as "strictly participatory". What that means is it is like buying a ticket on a train. You get to ride from point A to point C but you do not own one piece of the train when you get off at point C. For the local government employees participating in this type of program they get a ticket to ride under set terms but do not own 1c of those funds, the local governments own the fund; balance; and holdings... This gives a very big incentive for the local governments to play actuarial projection games to inflate the balances being that they are growth in their power base. I put up as an example the NY State Retirement Fund listing of investments for several years for viewing. I note that as you look down the listing of domestic and international investments held you will notice in order of the top profit makers rolling over returns of 200% to 600% over a few years in order of the top fou r: Pharmaceutical Companies; Bank / Financial Companies; Oil / Energy Companies; War industry Groups. Personally I say that's a tad bit of a conflict of interest towards the underling motives for policy set me says.. Now you will not find one specific government fund owning by statutory restriction more than 5% to 7% of any one company but from the thousands of government funds large and small you will have in collective totals controlling interest held in these companies both domestic and foreign. (Those collective 5%'s held add up quickly). Now here is where the monopoly of control sets in. Many local governments will now participate with private associations established with nice sounding government acronyms. There may be several hundred if not several thousand local governments that are members. By being members they can assign proxy voting rights to these private associations whereby collective ownership exercised can determine policy and if needed replace the entire boa rd of directors if policy edicts suggested are not followed. This includes mandatory outsourcing to accomplish higher rates of returns for investments held.
Did you just have one of your biggest Ah, Ha moments of your life?

You will never see collective ownership totals by collective local government talked about or qualified anywhere officially for obvious and condemning reasons. The world is not as we are spoon feed to believe it is when government collective ownership totals are tabulated and digested.

An important note here when looking at the above referenced report is that when it comes also to debt held by the private sector either by mortgages or credit cards, please look at the investments shown below the listing of domestic and international companies, You will see the billions in cash loans; bonds held; real-estate held (Condo; apartment; shopping malls) etc. Investment ownership by government branches out into many different arenas which before reading this most probably assumed were held by private investment and not government.

On a last note, let me qualify how a profit is turned into an "advanced liability". Here I will use a county run recycling plant as an example. The public is pitched that recycling is a good thing and passes a fifty million dollar bond issuance to build a recycling plant. The plant is built and mandatory recycling is enforced in the county. I note that this is supposed to be a "NON-PROFIT" government run enterprise operation; Well, within the first year the recycling plant generates 45 million dollars and its cost for operation is 35 million so the buy more equipment and expand there personnel to eat up the extra 10 million to be a not for profit operation, BUT they know their curve is going to yield a 25 million dollar profit next year, SO they contact an actuary and say: "We are doing so well that in fifteen years we are going to have to expand our operation five times fold, how much money are we going to need?" The actuary then tak es into account land; equipment; personnel; transfer costs; etc., and comes up with a figure of say 780 million dollars needed 15 years down the road to get this done..... SO, then the recycling plant as expected makes a 25 million dollar profit BUT monthly or quarterly makes a payment into the advance liability account equaling 25 million dollars listing it as a line item operating liability payment and voi'la' no profit for the year. The same happens each following year as the fund of 780 million is built. Now if they want to take it a step further in year five and they make a 45 million dollar profit for the year but funnel 55 million dollars into the advance forward liability account, they can come back on the residents and say: "Gee we all know that recycling is a good thing, but we are operating at a 10 million dollar deficit on our "operating budget" and we are going to have to raise collection fees". This is one way of turning a profit into an adva nce forward debt. Well, if the public does not know about the advance forward liability account the increase in fees slides right in without opposition where as in the alternative if the public did know that an advance liability account existed of several hundred million dollars (only "discreetly" accounted for on the books of the county enterprise operation's Annual Financial report and not the County's AFR), they would in most probabilities organized to cancel any collections fees and take a very close look at government operating as a for profit enterprise under mandatory terms in their own back yard.

I hope I have given some substantial food for thought to the readers here. When their is great wealth the potential for great theft exists.

Walter Burien
P. O. Box 2112
Saint Johns, Arizona 85936
Tel. (928) 445-3532
http://cafr1.com/ and http://taxretirement.com/
email: WalterBurien@CAFR1.com