"The Biggest Game in Town"
Government promotes annual "Budget Reports" and at the same time virtually not a peep as to their Annual Financial Report (AFR) or the Comprehensive Annual Financial Report (CAFR) that came forward in 1946 to become the standard for all local government come 1978. Do a Google search on CAFR
The shell game in simple analogy that has been played out by government per the CAFR vs. The Budget is as follows: If you have a basket of 40 apples and a basket of 200 oranges, if you audit the basket of apples you will find 40 apples and then government implies "an audit of the fruit basket shows 40 apples, look no oranges!"
The annual "Budget" is what government calls "The general purpose operating funds" (the apples) The CAFR (Comprehensive Annual Financial Report) shows all investments that have built up over decades, tax income, and enterprise income (The oranges and the apples) To refer to accounting from the general purpose operating funds exclusively which "is" a showing almost exclusively of the primary tax income with the exclusion of all the rest is perpetuating the gross misrepresentation game government has been playing now for over 65 years.. In doing so over the last 65 years composite government now "owns it all" by investment and with said ownership controls the markets and by being the primary owner of the market, drives the markets significantly up or down through their coordinated buying and selling.
Additionally, with the use of derivatives such as Commodity Futures, Currency Indexes, advance forward interest rate swaps, and Stock options (now a 600 trillion dollar "created on paper" market place developed by government) coordinated government market plays can take the wealth of others as the market collapses or spikes into higher ground with all of those "others" being on the wrong side of the move. This happened from 911, the crude oil rise to $154 and then collapse to $32, and the recent mortgage interest rate implosion. Those not included in these market plays were left on the curb side bleeding profusely and those included fared quite well. The slap happy take though created instability in the market place where under the terms of this massive shell game, government then took over a trillion dollars of "tax payer funds" to shore up their own playing field so that the several trillion dollars in diversified government investment not protected by derivatives would not be further adversely effected.
I note that in the 80's government fund management created several "OFF SHORE" investment groups whereby government funds could be held, managed, and invested internationally in any country or currency whereby the totals held and profits obtained virtually would become invisible to public scrutiny and SEC / CFTC reporting being off-shore. A complete AUDIT of international holdings and trading activity is URGENTLY needed to see the "NET" results of the market manipulations that took place since September 2001 to present...... Will this happen? Not as long as the foxes maintain regulation over the hen house! Independent audits by public edict are required.. TaxRetirement.com was launched on November 2nd 2008 of which upon application will be the crowbar to start the process of unbiased and accurate independent audits.
I have copied an article I received today below that is a big "Heads Up" to stop a play on the political side that is obviously intended to consolidate the control the corporate "for profit" government currently has obtained. Learn quickly... have no doubts about it, final ownership of our country by the corporate government syndicate or by the people is at stake here.
The BLACK-OUT continues from our government, the syndicated media, controlled education, and both primary political parties.. DUE TO THE MONEY AND CONTROL INVOLVED!
cafr1.com
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