More than 67 Billion dollars in assets found on current financial reports for the State of Wisconson

More than 67 Billion dollars in useable assets found on financial reports for the State of Wisconsin. So what is the Governor’s real agenda?

The Governor of Wisconsin’s agenda goes much deeper than his dishonest claims about the health of the economies of Wisconsin’s State governments. It’s important to first take a closer look at the financial health of the State of Wisconsin through all of its hundreds of Comprehensive Annual Financial Reports to get a picture of how deep the disinfo goes.

Every State has available on the public record hundreds of Comprehensive Annual Financial Reports for every investment arm of hundreds of incorporated government entities sitting within the territorial boundaries of each State. These reports are easily accessible by Goggling CAFRs on the net for different government corporations whose annual financial reports are required to be filed with the S.E.C. every year.

The people of Wisconsin and other “so called Bankrupt States” need to wake up and utilize their access to the truth regarding the financial health of their State and Government. After all, their taxes have been footing the bills all of this time. Those tax dollars are their investments in their Government and they have the right to demand an accounting just like they would of their private financial advisor.

Most of the financial reports go back at least 5 years and show massive amounts of taxpayer money being retained when it should have been returned. The bureaucrats have been using this ploy to raise people’s taxes, and reduce benefits for years.

This so called budget deficit is as big a scam as the foreclosure fraud of the Wall Street Bankers and its being used to take apart the Constitution and impose a police state with the help of the Republican Governors, Robber Baron billionaires like the Koch Brothers and the Bankers of the Federal Reserve.

Anytime someone like Governor Walker starts pleading poverty it’s time to turn up the B.S. meter and go check the financial reports. Then consider what the Federal Reserve is doing today to consolidate its power over the Federal government before its Charter Expires in 2012!  All of its actions have been geared to force humanity into the complete Control of a cashless and chipped society through the “Real ID” act and a credit card or imbedded tracking chip

For instance just one investment arm of the “State of Wisconsin incorporated” which does not include it’s asset holdings in foreign currencies or any of its cities, counties, municipalities and so on shows useable assets of over $67 Billion dollars invested with taxpayer’s money.

This money has been hidden by non- disclosure, secrecy, incompetence or worse by Governor Walker and many others. Seehttp://realitybloger.wordpress.com/2011/03/01/wisconsins-real-financial-situation-explained/ after you see http://www.cafrman.com for an explanation of the information on what should be discussed as the true useable wealth of a State, County, City and all Federal government corporate entity.

The 2011 CAFRs net assets of all composite government investments combined are estimated to exceed $70 Trillion dollars of which, none are in any financial trouble. All of the investments in these funds have been “paid by” and “hidden from” the majority of U.S. taxpayers.

Walker will likely discuss accounts that should have always been “pay as you go”. In there are massive amounts of funds that belong to the people of the State, “sitting in stagnate pools” of depreciating currency while generating little or no interest. Any leader with reasonable investment skills should understand the advantage of leveraging those funds and opening a State Bank where they can be borrowed from “the people” at a decent interest rate.

 Through implementation of a “Publicly owned State Bank” the people can utilize their money to take care of what their taxes were meant to pay for in the first place. Any Governor worth the trust of his constituents should be doing that at the very least given the “dire circumstances” he is pointing out  while he puts 67 billion of  the State of Wisconsin’s depreciating dollars at risk of massive Federal Reserve engendered inflation until it is rendered completely and totally worthless.  

He will likely point out that all State Governments have the same situation and he’s not alone in keeping citizen’s assets close to the vest.  However good that excuse may sound, it is important to note that the governor’s reason in calling for cutbacks has nothing to do with the poor economic health of his State.  

He has an obligation to not only tell the truth but to do the job he was elected to do which is to refrain from corrupt, dishonest or monumentally inept financial mismanagement of Wisconsin’s Taxpayer’s money.

Furthermore he has absolutely no conceivable excuse for being clueless since every State in the country employees a virtual army of trained investment professionals to monitor and collect and invest all kinds of monies extracted from the citizens of their states.

This group has its own web sight called the Government Financial Officers Association. http://www.gfoa.gov They also have names for their investment activities with monies culled from the trained and unendingly “taxed, ticketed, registered, certified, securitized, patented and licensed” public. 

All of the documents generated by the above actions not only generate fees for the Federal and State entities and governments incorporated but taken as a group of documents in the name of an American person, they create what is called chattel paper which is used to back the U.S. dollar. Thus an American citizen named in those documents is sold in a block of others as a good faith capital asset security on the New York Stock exchange.  That’s why they use the term human resources when discussing American’s Social Security numbers.

Money making activities such as investments with surplus or slush funds show up on CAFRs yearly financial reports as enterprise funds and their profits are described by the interesting name of “Discreetly Reported Component Units!” 

Doesn’t it make anyone a tad bit curious as to why discreet reporting has to be done?  After all these audits are specifically created for and reported to the S.E.C. and the I.R.S. and then the information is scrupulously covered up by the mainstream media.

The 67 Billion dollars discussed above relates to only one investment fund, without adding the cities, counties, municipalities and all other investment accounts by government entities incorporated in the State of Wisconsin. That means that the State Government has assets and investments at all levels across the State.

These investments made with taxpayer’s money are generated by some times thousands of government corporate entities and they add up quickly! For example the State of California has estimated that one C.A.F.R. shows assets of over 390 billion in it to cover a so called deficit of almost 20 billion.

This is what the State is saying is forcing California into bankruptcy. What really takes the cake is that the State of California as of 2011 has over 1800 investment accounts with net assets in excess of 8 trillion dollars as shown in California CAFR documents. Whatever is cash on hand is in extreme danger of being rendered worthless as the I.M.F. and the Federal Reserve do their dirty work with the intent of wiping out 90% of the American people lock, stock and barrel.

What Walker is doing is part of an overt country wide plan by a group of Governors to destroy any chance the American people will have to retain their freedom and the right to chart their own destiny. This is a chilling prospect given that the people depend on the independence of their States.

Moreover, they look to the protections of the 10^th amendment to act as a constitutional safety net to check the suffocating control of a neurotic and increasingly dangerous Federal Government.

What is happening to the public workers of Wisconsin is happening to all of the World’s People.  The Governor’s agenda is merely the next step in what is a  homegrown massive and needless fire sale promoted through deceit, fraud and theft of the citizen’s public resources, capital assets, infrastructure and public lands held in trust for the people of America and for their children…

The losses so far have been completely intentional and done with malice aforethought by those in charge like the Bankers of the Federal Reserve. However, that is only the beginning because the most profound loss could be the loss of liberty, which is the real intent behind this agenda.  See “Agenda 21 and its chilling policies”.  Furthermore the Federal Reserve is very busy consolidating its power because its charter is set to expire in 2012

On December 23, 1913, Congress passed the Federal Reserve Act.  In the early 1980s Mr. Lewis, the plaintiff, was injured by a Federal Reserve vehicle and as a result he sued the U.S. government.

On April 17, 1982, the court ruled: “…that since the Federal Reserve System and its twelve branch banks are private corporations, the federal government could not be held responsible.” Lewis vs. U.S., (1982)

Governor Walker’s assault on civil liberties and his intent to permanently interfere with the contractual rights of Wisconsin’s State workers should be heard in a Federal Court and settled in front of an honest Judge.

Governor Walker is proposing a law that will deny public employees the right to negotiate future employment contracts.  Worse he has already violated theDue Process Clause of the 14^th amendment to the U.S. Constitution by Interfering with the present employment contract of the public workers of the State of Wisconsin.

Violation of substantive due processby a Governor as applied to the 14^th amendment, by acting in the name of his state to bar the right of an American citizen in the employ of that state to contract and negotiate wages and benefits in the future supersedes and removes the sovereign immunity enjoyed by a State provided by the 11^th amendment.

It is a violation of the 14th Amendment due process clause when the States seeks to impair its own contract and when it refuses to meet its contractual obligations merely because it would rather spend its funds on programs it deems more important or politically advantageous. United States Trust Co. v. New Jersey

Under the 10^th amendment, the reservation of the reasonable exercise of its police power by a State to affect the obligations between two contracting parties may be used only if a legitimate emergency exists.  The legislation must be addressed to that legitimate end, and the relief afforded justified by the emergency which is of a character that is appropriate to it. Finally, the conditions upon which the relief is granted are not unreasonable, and the legislation istemporary in operation. HomeBuildingand Loan Association v. Blaisdell.

In the case above there can be found parallels as the Governor seeks to interfere with other incorporated entities operating in his State such as the School Boards and the Department of Education. Furthermore he is promoting unconstitutional legislation that must be justified by the existence of exceptional circumstances.   Muller v. Oregon.  

Walker has not proven exceptional circumstances or an honest andlegitimate purpose for the scope or the permanence of his intent to deprive State employees of their fundamental rights in the future. Therefore, the statute he seeks to create is an arbitrary violation of the   State workers right to substantive due process in negotiating their employment contracts.

A State law that makes it a crime to require employees as a condition of employment to agree not to join a union violates the 14^th amendment’s due process provision. Coppage v. Kansas.

The following is information from the original financial auditor who was an official C.P.A. for the U.S. Air force before retired.  His web sight address listed above at www.cafrman.com  is absolutely essential if you want to survive the financial holocaust that has been set up to flummox, confuse and control the masses!

Today the gap between rich and poor has never been wider. Below are some insights from a consummate insider whose resume is impeccable when it comes to accounting and American Government fiscal policies.  Colonel Klatt was discussing the problem on his site and in 2004; the year that he died he asked the following three questions;

If the wealthiest 10%exceed 90% or more of the wealth of America, when does communism exist? (75%, or 90%, or $100 %,)

Remember, communism is a concept or system of society in which the major resources and means of production are owned by the community (governments and a few individuals who control governments) rather than by individuals. In theory, such societies provide for equal sharing of all work, according to ability, and all benefits, according to need. Some conceptions of communist societies assume that, ultimately, coercive government would be unnecessary and therefore that such a society would be without rulers. Until the ultimate stages are reached, however,communism involves the abolition of private property by a revolutionary movement; responsibility for meeting public needs is then vested in the state.

The special elite decide on how the wealth will be distributed among the people. All life styles, standard of living, actions, thoughts, and even life itself is decided by the state because the state owns and controls everything. Is it possible that communism could be created within a capitalistic society without a revolution? Have we already reached that point?

History Repeating Itself?

They say communism is only one step away from socialism. In this country we have been following the historical society cycle: Republic – Democracy – Socialism – Oligarchy – Communism or Dictatorship- Revolution and the cycle starts over again. But it usually starts with Democracy not a Republic as we did in 1776.

Someone Thinks There is Something More Important

Can you think of any other item that could do more in our society or provide as many benefits as returning “70 trillion dollars” in surpluses to the people?” When we asked one person this question, he responded, “Yes – declare  Washington, D.C. a foreign country with its occupants having no immigration rights.”

Reforms Come From Below. No Man With Four Aces Howls for a New Deal.