Documentary: The Corporation Nation

[cthulu]

b-b-b-but private entities can do anything they want.

[Nomoss]

Thanks for the link.

[dys]

Bump. Why aren't more people discussing this?

dys

[lapis]

CAFR1 NATIONAL POST


AZ HB2572 Passes in Arizona and was signed into law by Governor Brewer on April 14th 2011

http://www.azleg.gov//FormatDocument...Session_ID=102

HB2572 known as the CAFR Transparency bill of which I sent a prior post out on is a step in the right direction but it is deceptive in several areas. I made the suggestions to the sponsor of the bill for modification in text where it would then be truly transparent but my three suggestions were not implemented into the bill.

They were as follows:

1. The biggest deception government has played on the population was never mentioning the investment funds held by that local government. The bill focuses on a showing of expenditures and budgetary income. For transparency the first line focus should be on a clear listing of all investment funds held by that local government in any capacity. There is not one mention of investment funds in the bill as was my first suggestion.

2. I could put a 100 elephants on my property and if no one saw them, no one would know they were there. Or if I put one elephant on a corner in downtown phoenix millions could be talking about it by the end of the day. With that in mind I suggested that the following text be added on every city; county; and state tax bill that went out: "We strongly suggest that our taxpayers carefully review their local government CAFRs" giving the website link that the bill would implement where all local government CAFRs would now be listed on. There was no issue of cost on this suggestion being that the tax bill would be going out anyway and it is just a little extra ink but that would be putting the elephant on the downtown street corner in any light of transparency. My second suggestion was also not implemented into the bill.

3. The bill applied to local City; County; State; School Districts; and Universities. I mentioned that the Enterprise Operations of the same or stand-alone ones where the biggest holding grounds for specialty advance forward liability funds (a tactic used to turn an ongoing profit into a liability designated for future projects or paying for existing or presumed future debt). Some of these advance forward liability investment funds are massive and never being mentioned or discussed with the public hinges on severe fraud on the part of that lack of transparency. I strongly suggested that the enterprise operations be included in the responsible parties targeted in this bill. My third suggestion of including the Enterprise Operations was also not implemented in the text of the bill.

The good thing is that the bill was a step in the right direction. The great thing is all of the other states you now have a precedent to require they do the same "and" include the text as I have outlined above. With that being done you will now have a true CAFR transparency bill in effect for your state. So don't delay, make it happen...

Please share with those that you know.



Sent FYI and truly Yours,



Walter Burien - CAFR1.com

[dys]

Silence is deafening around here.

http://gold-silver.us/forum/general-discussion/the-cafr-(comprehensive-annual-financial-report)-thread/

dys

[Santa]

Silence is deafening around here.

http://gold-silver.us/forum/general-discussion/the-cafr-(comprehensive-annual-financial-report)-thread/

dys

I agree dys... some of the most amazing eye opening useful information around here
and all we get are the birds tweeting.

I've been trying to figure out why. Maybe it's cognitive dissonance in that it threatens our pet delusions. You know. left/right...con/lib...dem/repub...capitalist/commie...all those dialectics...those dualistic diversions. Maybe people don't want to implicate the pension fund they collect a check from? It implicates the actual bureaucratic guts of our collective government.

Maybe it has a similar effect as pointing blame at our Military. Our troops. Our boys. Except of course we've been well trained to react in condemnation and anger at such an accusation. You know, patriotism, the flag and all that.

Maybe it's that we don't know who to raise our fists to? Ha! What fists, I know. Floridated fists maybe? Maybe it's that there are just so many people on the take that it would implicate even those in our own comfort zone?

Maybe it suggests we're not only being taken and hosed by a bunch of fascist pigs, we ARE a bunch of fascist pigs and this just brings it all home to roost, so to speak.

Ever hear the expression, "I won't hear another word of it?"

Maybe we just don't know what to think, God help us...

You're an expressive and passionate writer, what do you think?

[lapis]

I'll go over there and post some stuff.

I haven't very much lately. I used to think this CAFR information was IT, but now I realize it's just another PTB technique as they hone the evil art of Enterprise Corruption, like they have for millennia.

[Santa]

I'll go over there and post some stuff.

I haven't very much lately. I used to think this CAFR information was IT, but now I realize it's just another PTB technique as they hone the evil art of Enterprise Corruption, like they have for millennia.

You've been terrific, Lapis. A true searcher. Among the very top posters on this forum.
I've learned a ton form what you've put up. Thanks so much.

It's true that the PTB spend their clock time contriving methods to get the population to
do their bidding and grovel at their feet. This particular scam that the CAFR uncovers is a doozy though,
even if it isn't the only scam.

[dys]

I agree dys... some of the most amazing eye opening useful information around here
and all we get are the birds tweeting.

I've been trying to figure out why...

You're an expressive and passionate writer, what do you think?

From another post of mine...

And then there are the things you can't say and the hints you can't drop and the stories you can't tell.

dys

[dys]

http://www.youtube.com/watch?v=fhkWu...C9369A235E0D00

Part 2 of this series, on pension funds.

'Corporate Governance' is a term this guy uses to describe the phenomenon of government corporations collectively owning so much stock that they actually have controlling interest in every major corporation in the US (and a lot of the minor ones for that matter). They control what these corporations do through what is called proxy voting. This particular eposide details CAFRs of pension funds, which are themselves their own corporations along with municipalies, cities, towns, townships, districts of all types, states, countries, courts, etc. Of course they are NOT underfunded but filthy rich, and on top of that they are mostly funded by the taxpayers and not the people that work for the corporations that have pension funds (example- teachers/CALPERS).

I've had some conversations with certain people that I respect regarding this conspiracy. The objection I usually hear is: "I don't see how we could pay off the national debt with these assets, there is no buyer." Fair enough, or more aptly from where I sit- MAYBE.
However, that is but one issue related to this conspiracy. Questions without answers:

1. If we the people own these assets, how come we don't have access to these assets? For example, why isn't every person given their own piece of property? These corporations have plenty of real estate holdings free and clear...assets paid for by the taxpayers.
2. If we the people own these companies, why are we allowing these countries to outsource? Furthermore, why aren't we given access to the products of these companies? For example, the US government is the largest holder of computer makers Apple and Microsoft. Why aren't we given computers?
3. Why aren't we given input into issues such as risk of investments, proxy voting powers and decisions, oversees investments, et al?
4. If we can't access these investments, why can't we opt out?
5. What about the obvious conflict of interest that arises when government that owns a corporation is charged with enacting legislation related to the same corporation that they own?

And there are a million more related questions as well.

dys