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Joined: Dec 1999
Posts: 30,867
Master Elite Member
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Re-sent after being blocked to
most on the 1st send of 12/17/14
There are four section points in the following. The 3rd
and 4th being the most important.
Sent FYI from,
WJB
Here is a Challenge for
You! by Walter
Burien - CAFR1.com 12/17/14
I will keep this article very
simple and to the point . On the syndicated news today
they are pitching imposing a tax on e-cigarettes. The politician that introduced
the bill justifies the new proposed tax with one and one
only statement: "If we do not tax e-cigarettes, where
else will we get the money we need from?"
I have heard the same blanket
comment over and over again per raising taxes for the last
40-years.
That
comment made by a politician to the public is the biggest
insult that can be rendered per directly calling the
listeners "useful idiots" when it comes down to the
reality of government's gross income from the many sources
of: Tax, Investment, Enterprise, etc. Government's gross income is
obscene and has expanded exponentially each and every year
through depending on the population being masterfully
entertained while being spoon fed with blatant "selective
presentation" with the contrived comment of: "where are we
going to get the money from?" A good and clear
analogy per the same would be; A politician sitting
in a row-boat in the middle of the ocean who says:
"Where am I going to find salt water?" said with
an overtone as if it were a genuine question, and depending
on the listener's ignorance not to see the ocean
surrounding the row-boat.. Here is a link with
instructions to view and download many local Government's
Annual Financial Reports that I sent out in a previous post
to the CAFR1 National email list last week: http://www.gfoa.net/cafrwinners/2013/index.html
(**To get the CAFR download listing for each local
government entity - Click on the "Winners List by Agency
Type" in the centered blue boxes)
That link with the Click on instruction followed
by you will list about 3000+ local government CAFRs for
downloading, view, and review. All categorized by local
government type and alphabetically listed by each
state. ** The 3000+
listed is but a very small fraction of the Annual Financial
Reports produced each year by local government operations
[approximately 184,000 local government operations
nationally] Any one of the reports upon careful and detailed
review gives you a pretty clear view of "where the money
comes from" or "can come from" per ANY local government
CAFR looked at. For your state,
download the applicable CAFRs in your State listed and put
on one DVD for distribution to other activists in your
state. For those that seriously look, some eyes will
really start to open upon review of the
same. The CAFR on the
local governments listed, being that local government's
"Statement of Net-Worth" derived over
decades if not over a century is "the book" to review.
Selectively created "Budgets" "for a year" are in all
reality very pale in comparison to looking at the same
local government's Annual Financial Report,
the CAFR (Comprehensive Annual Financial
Report).
Bottom line?
Being that the CAFR shows the "Big Picture" of the massive
standing wealth and true gross income involved, the Silence is
Golden rule is strictly maintained from within the halls
of government; Political Parties; controlled Education,
and the "syndicated Media" talking heads. Simple and open
mention of the CAFR to the general public by any party
from the inside would effect their immediate termination /
blackballing due to directing the public towards the
massive wealth, standing investments (domestic and
International) and true "overall" gross income involved
and seen therein.
On an example of what can jump
out at you when you look at any CAFR report, I grew up in
NJ and recently I glanced at the Port Authority of
NY and NJ 2013 CAFR as listed under "Enterprise" agencies.
Well, what jumped out at me was they allocated 3-Billion
dollars of their "own monies" for the re-building of the
World Trade Center complex. Well, I always thought that
being Larry Silverstein received about a 6.5 billion
dollar insurance payout per the destruction of the original
WTC complex, that "he" would be paying for the re-building
of the WTC complex. Upon review of that CAFR, it was
apparent that not $1 came directly from Larry Silverstein
to rebuild the complex.
Mr. Silverstein had taken out a
99-year lease of the WTC complex months before it was
destroyed (demolished). The deal required him to make
monthly payments to the NY & NJ Port Authority under the
lease terms. When he got the lease, one of the first
things he did was to take out a double indemnity insurance
policy per terrorist attack on the WTC complex. When the
insurance policy was underwritten by several large
insurance providers, of which took a while to cover that
large of a policy, in so many words: "The ink was not even
dry yet on the policy" and down went the Towers and in
went Silverstein's insurance claim which resulted with
about a 6.5 billion dollar payout to him.
So, when I saw
the Port Authority was paying for the rebuilding of the
WTC complex and 3-billion dollars allocated by them, that
showed me that Silverstein (a joint US and Israeli
citizen) accomplished probably the largest
profit in world history in the shortest period of
time. You see he only had about 4 monthly payments made
(under 130 million dollars) and received about a 6.5
billion dollar payout. So why did not the Port Authority
of NY and NJ not require Larry Silverstein to cough up the
cost for rebuilding the WTC complex??? Especially in light
of the fact that he was paid billions of dollars under the
insurance policy due to the destruction of the original
WTC complex?
That was just one point that
jumped out at me from a quick look at that "one" CAFR.
When you see from
the link above the listing of the many local government
CAFRs from your state, and upon a basic review of the same,
I am confident that "many things will jump out at you from
each."
Now here is an exercise that every one of
you and your associates can do to learn the biggest
reality check of your lifetime. The CAFR is the "Holy
Grail" of accounting for the majority of the local
governments out there, their Statement of Net Worth. The
exercise I request that YOU DO IS TO
sincerely ask your local syndicated media (ABC, CBS; FOX,
NBC, etc.) talking head to make the following very
"simple" statement / question to his or her viewing
audience: "I have become aware of our local
government's Annual Financial Report known as a CAFR. I
request that my viewing audience Google and then download
a few of the City, County, State, and Enterprise CAFRs,
and make a cursory review of the same and please get back
to me over the next several weeks with comment."
Well, there is NO
REASON what-so-ever for them not to do so. Kinda
like asking a Priest to make simple mention the Bible to
their parishioners, asking them to look at the Bible and
get back to him with comment. The reality check for you
comes into play due to the reality of the Silence is Golden
Rule in place. The simple mentioning of the CAFR by any
syndicated media talking head violates that rule. It
will not happen within the syndicated media realm.
Independent media personalities with a limited audience
may mention, but the syndicated media personalities with
very "large audiences", and the big thumb of management
hanging over them per simple mention of the CAFR are up
against a 1-mile thick concrete wall to NOT openly mention
to the public or else....
Let me know if you have success
in doing so, per the "simple mention" by "any" syndicated
media talking head to their viewing audience. I was
successful in doing so once in 1995. The anchor from ABC in
Phoenix after being challenged by me to make clear and
simple mention of the CAFR did so. She in fact did a full
camera shot of the State of Arizona 1994 CAFR as she made
clear mention of the same. Well, her mention aired on the
10 PM News but on the normal repeat of the 10 PM News
segment the following morning at 7 AM, that segment was cut
and that anchor for ABC Phoenix was replaced the following
day. She breached the Silence is Golden rule and swift
repercussions by ABC management against her was the prompt
result..
PLEASE share
this communication with all of your contacts and post to
News Sites and Blogs where you can.
Sent FYI and for your action
from,
Walter
Burien - CAFR1.com P. O. Box 2112 Saint Johns,
AZ 85936 Tel.(928)458-5854 PS: Can
YOU breech the Silence is Golden rule with you local
syndicated media talking heads? If no, the reality check
will have been learned. If yes, I and many others will be
absolutely amazed and grateful...!
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