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Walter Burien has been on to the Comprehensive Annual Financial Reports and concealed government holdings at all levels that if utilized would relieve us of all taxation. Visit www.cafr1.com to learn more about Walter Burien and how he knows about this.

The following was just posted by Walter Burien – CAFR1 as an idea recommendation at a website run by the President of the United States Office called: OpenGov.ideascales.com

If you get a chance please go to the idea post submitted by CAFR1 as linked below  and vote for a “thumbs up” or “thumbs down” as you may choose for the idea.

Per open government, let’s see if they leave the idea or delete it as a determining factor of “how open” our government truly is.. One way or the other the following is a copy of what was submitted just in case the post linked here is deleted from their site.

WJB

« Back To Open Government Brainstorm

Category listing – http://opengov.ideascale.com/akira/ideafactory.do?discussionID=2247

IDEA LOCATION – http://opengov.ideascale.com/akira/dtd/6882-4049

A Complete Audit of all Local and Federal Off-Shore Investment Holdings and International Debt Intrument Investments

Always remember: In derivatives for every dollar lost in one account a dollar is credited to another account. Here we are talking at the end of 2008 at least 15 to 20 trillion dollars was sucked out from one side (the private sector) into the other.

Yes, government took a loss on their physical equities holdings but then the derivative market was expanded to 600 trillion dollars come 2008 and with derivatives with every loss on one side a credit is made to the other side of the transaction. Government off-shore management funds and a few domestic operations were primarily that “other” side for the credit. The public was the big loser.

What is being promoted since the 2008 turmoil is the loss side with not a peep, total vacuum, and intentional void maintained on the other side of the take. And gee, the public thinks they are printing all that money as new money. My position is they are spending primarily old money recently liberated from all the rest of us as government covertly consolidates take-over and control.

And, in line with the last 30 years, government promotes debt at the front door and funds it through the back door with and using their own investment funds locking the public into repayment whereby guaranteeing themselves a non-tax income return on their investments with the lion’s share manage primarily off-shore now. All government need do is create a situation to further justify greater debt to the people and thus a larger power base through debt based investments is created or expanded on for themselves..

Government’s income from investment return is now substantially greater than all taxation collected with much of that return coming in from debt instruments secured by government through investment.. Get it? And just like the organized crime boys of the 30′s, 40′s, and 50′s those massive government funds are hiding a good chunk of their wealth off-shore out of sight and out of mind to the public at large..

Auditing the 136,000 Local Government CAFRs (Comprehensive Annual Financial Reports) of AFR (Annual Financial Report)for collective totals would be a good place to start.

To view and download some CAFRs – http://cafr1.com/STATES/

Why Is This Idea Important?

“Power corrupts and absolute power corrupts absolutely.” Currently there is a total vacuum and void maintained as to “collective” government’s ownership in the worldwide equity markets, derivative trading, and debt instrument markets. It is apparent this is so due to the massive money involved and to hinder the fact that government since the end of the 90′s “Owns it all by investment” whereby collective local and federal government’s domestic and international investment return based on overall gross income is now greater than all taxation collected in the USA. Qualifying this issue in definitive terms per scope and degree is probably the most significant information every American should be aware of. The implications of this circumstance requires immediate oversight from the public perspective.. I will note that as quoted in the Wall Street Journ! al in 2000, Alan Greenspan was concerned about the 80 trillion dollar derivatives market. Well come 2008 that market was expanded to 600 trillion dollars with US collective governments participating in over 50% of the activity generated therefrom. A recent report from March of 2008 on bank derivative holdings in the table section two-thirds down in the report showed JP Morgan CHASE Bank holding 90 trillion dollars in derivatives. That is greater than the world derivatives market in 2000 as quoted by former Treasury Secretary Greenspan. This report can be viewed here – http://cafr1.com/STATES/US-TreasuryReports/BankDerivativesMarch08.pdf It is essential to know in this one example ! of many that can be given, how much of that 90 trillion dollar! s in derivative holdings was being cleared by JP Morgan CHASE as clearing agent for its government held accounts? A complete and accurate audit of all government holdings would answer the CHASE Bank activity question as well as thousands of other relevant disclosure in getting a clear view of collective US Government’s degree and scope of ownership, control, and ability to manipulate in and from the financial market place worldwide. Is taxation truly needed? No it is not. Government can currently operate it’s functions from investment return upon administrative modification. One website was launched in November of 2008 to accomplish just that end. It can be viewed here – http://TaxRetirement.com

Walter Burien – CAFR1.com and  TaxRetirement.com

PS: Make the investment wealth of government directly benifit the people and taxation be gone! TRF now!

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Any local government can be restructured to meet their annual budget needs “Without” taxes. TRF (Tax Retirement Funds) paying for every City, County, State’s annual budgetary needs!

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