Look What You Are Paying For Now!
Our government is one giant criminal operation. You and I are on the hook for even more ridiculous spending.
After resigning as president and CEO of General Motors in December, Fritz Henderson might have gone into hiding or decided to sit out the harsh Michigan winter on a Florida beach.
Instead, here he is popping up again, this time as a consultant to GM on international operations at the very fancy fee of $59,090 a month for 20 hours of work a month. That works out to almost $3,000 an hour for a CEO who was ousted after just eight months on the job.
Wait, there's more
The United States has unveiled plans for its new $1 billion high-security embassy in London — the most expensive it has ever built.
While thousands of people are losing their jobs and homes, our imperial federal government sees fit to injure the populace even more. They really are trying to push the people to revolt.
California CAFR Shows the State Really Being 8 Trillion Plus in the Black
This is a copy past from cafr1.com
With 8 Trillion plus in California's CAFR, why do we hear the "poor me" money woes from the govenator? This article is very eye opening. Do a search for the CAFR in your city, you will be surprised how much net worth your city is hiding from you.
It was not from the options offered but what was not shown. Collective local governments in California are now over 14,000. The State Government is the largest but collective totals from local governments from within the State dwarf the revenue pool of the state.
Collective CA local government's each have many specialty investment accounts (many thousands of separate funds large and small). The total from all are in excess of eight-trillion dollars. (conservative estimate)
To resolve the so called "Budget Shortfall" I would do a standing audit of "all" local government investment funds and then from each deduct an equal percentage to satisfy any budget shortfall "with" a 50 billion dollar cushion to last through the rough times... the "equal" percentage would probably be less than 2% to accomplish that objective, and done deal..
People have been sound-bite conditioned to think Government only generates tax income and that is where the public's focus is directed. In reality in combination of all local governments and the state from CA the investment capital is massive (noted above in excess of 8 trillion dollars) that generates in return revenue greater than all taxation collected in the state.
The public has been kept oblivious to the scope and size of these collective funds and through intentional misdirection pointed at tax income and expenditures dealt with. So your pie charts that give the impression of 100% is actually just 1/3rd of the pie when it comes down to government's true "gross income"
Now you will hear expressions like: "Here is our rainy day fund" and in reality that is like your pocket change jar you keep in the kitchen compared to the many other thousands of other government investment funds never mentioned.
You will also hear when investments are mentioned: "Oh, that is our employees retirement Funds" WRONG... The retirement funds are but one category.. (a large one) then you have self insurance funds; advance forward liability funds; special liability funds; enterprise forward project funds; and the list goes on and on. Just on the state level you are looking at around 12,000 separate specialty investment funds large and small. And with an audit of all local government specialty investment funds would be well in excess of 100,000 specialty investment accounts.
Never a peep about this to the public, and the reason why? DUE TO THE MONEY AND CONTROL involved! Governments from all across the country have been developing their non-tax income for over 65 years.
The public was presented with "Budget Reports" to account for where "Tax" income and expenditures were applied "for the year". To see the same local governments "gross income; standing investment wealth derived over decades; the investment return generated; and the enterprise operations massive wealth generated, you must look at the same local governments Annual Financial Report, or as government calls it, their: Comprehensive Annual Financial Report (CAFR). A Google search will pull up many.
For the CA State CAFR just put on the search line: "The State of California" CAFR
The state CAFR will pop up for downloading. You can do the same for "The city of Los Angeles" or Burbank, San Francisco, Sacramento, County of Los Angeles, etc., etc., etc....
Now a local government like the State of CA can say: "We have a fifty-billion dollar shortfall on our budget" (Tax Revenue) and a "true" review of the state's Comprehensive Annual Financial Report could show the state 200 billion in the black. The budget will be shown in the CAFR and it is only 1/3rd of the pie when it comes down to gross income...
Some people have referred to this as having two sets of books. Well, there are not two sets, there is only one and that is the CAFR of which the budget is a segment thereof.. an inferior report to the CAFR.
The silence (is golden) maintained as far as not a peep as to government's Annual Financial Report and non-tax income shown that most Cities: Counties; School Districts; State Universities; Enterprise operations; and the states prepare each year I call "The Biggest Game in Town" of which I put a video up on Google 12/25/08 that had over 870,000 views in the first 5 days worldwide and not a word from the media; controlled education; the political parties; or government itself. That silence is golden rule present over the last several decades is well entrenched due to the money and control involved. The public would not be pleased to find out that they have been played like this to say the least..
I challenge the SFC to publish in the next 30 days, and do so conspicuously the links to download the top 200 local California government CAFRs with it noted: "The SFC strongly suggests that every taxpayer carefully review their local government's Comprehensive Annual Financial Report (CAFR)"
The CAFRs are local governments "Holy Grail" of accounting showing collective wealth that has built up over decades. Whereas a budget report primarily shows "TAX" income and tax expenditures for the year....
Truly yours,
Walter Burien - CAFR1.com
P. O. Box 2112
Saint Johns, AZ 85936Tel. (928) 445-3532
The Government Thinks You Are An Idiot
So, the story goes as follows. The government and private banks make deals behind the scenes to partly gamble with and out right steal, public money. In other words profits have been privatized, where as debt or losses have been socialized. So how do we solve this? One thing for sure is that the imperial federal government will raise taxes across the board, force you to pay into more government scams such as healthcare and this doesn't even consider the hidden tax effect that inflating our dollar will have.
Are you actually dumb enough to donate money online to "help" the treasury deal with public debt? I hope your answer is a big fat NO! You have been ripped of to begin with and now they want more of your money. Do you actually think any donated money will go towards the debt? No, it will not. If you think this is a joke, check out the website the treasury has set up to ask for more of your money.
Welcome to the United States Treasury's site for making donations to help reduce the public debt. If you would like to make a donation, please fill in the required fields and click the Submit Data button when completed.
You can find the actual rip-off site here pay.gov.