Saturday, January 9, 2010

CAFR, Government, and You 1

The Biggest Game in Town

"GROSS" INCOME of government is now 1/3rd "TAX" income and 2/3rds NON-TAX income derived from: return on INVESTMENTS and money generated from government Enterprise projects. ...

Pensions, self-funding debt financial authorities, self insurance authorities CAFRs [Comprehensive Annual Financial Reports] should be looked at also. As of 2005 there are over 84,000 "individual" Annual Financial Reports (the CAFR) produced by just our local government operations. Each with their own investments and cash accounts.. ...

The composite totals of investment assets held internationally by the USA government is staggering. Between local and Federal government, the total of liquid investment assets held Internationally is a conservative sixty(60) Trillion dollars (2005). ...

Are the Banks at Fault? Not Really
by Walter Burien article link

There are now in this country over 136,000 separate government corporations in place. In doing so, government has expanded take-over ownership of it all by investment. They, composite government now own by the predominance of their investments the banks, stock market, and the insurance industry.

Let me qualify this: In 1963, all local and federal government investments (not public like SSI or Medicare but government's own stash) held with the Bank, Brokerage, and Insurance industries was about four-trillion dollars. Today? About one-hundred-ten trillion dollars internationally, and Oh yes, silence has truly been golden here for them. ...

From all US local and federal investment wealth in composite totals now amassed, or that $110,000,000,000,000 (one-hundred-ten-trillion) if divided by 300,000,000 the basic population of the US = $366,666.66 each, for every man, woman, and child in the USA. It would be great in reality to be a "real" shareholder here. US Government, all local and federal "gross annual income" from tax; investment; enterprise; and other in composite totals is now about 10 trillion dollars each year.

The Who and How they Own and Control it All!
by Walter Burien article link
December 15th 2009

I will note that the most important fact the people need to know is that in collective totals government (thousands of individual government entities) owns by stock ownership; bond participation; and equity participation most of the large public traded companies such as technology; pharmaceuticals; energy; banks; insurance; and war industry groups through collective ownership (in many a case 71% to 83% ownership).

There is no one individual government entity that will call the shots for these companies (even though some carry more clout than others) but there are private associations that network thousands of local and federal government accounts that have been assigned representative proxy vote rights for the thousands they represent and here is where the control rests.

By proxy vote representing the "collective" primary shareholders they can exert pressure for that company to do as told and if not they can remove the board of directors by representative proxy vote. On the other hand they can network millions if not billions of dollars of government investment capital for direction and investment with any company. ...

CAFR1 ARTICLES 2004 - 2009 link
Know THE SCORE by Walter Burien article link


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