From: "Distribution" <Distribution@Vigo-Examiner.com>
Date sent: Sat, 15 Aug 1998
Subject: Congress Letter Says It All [Comprehensive Annual Financial Report]
LETTER
I believe the following information should have the greatest publicity.
Whatever you can do will certainly help a good cause. With all this secret tax money available to the government, they are funding every possible perverse cause in the world. This money is used to foment wars and all kinds of disturbances.
Excerpts from The SPOTLIGHT articles follow:
(p. 11, Liberty Lobby Reports, by Vince Ryan, Senior Editor)
"Untold trillions of dollars are being invested by various
government bodies both state and local without any mention of these investments to the public at large. ...
"NOW THE TRUTH IS THAT THE VARIOUS GOVERNMENT ENTITIES HIKING
TAXES SHOULD BE LOWERING TAXES OR NOT LEVYING THEM AT ALL. THIS IS NOT AN IDLE DREAM OF SOME CRACKER BARREL PHILOSOPHER OR LOCAL ECONOMICS WIZARD.
"The man with this vision of the people benefiting from the
investments that public officials make with taxpayers' money is Walter Burien. He has since 1989, been doggedly investigating the way states and local governments keep their books. He began uncovering what he calls 'this massive fraud against the American people' in his home state of New Jersey. And since then he has uncovered this same fraud from coast to coast.
"Every political entity issues a Comprehensive Annual Financial
Report (CAFR). On the state level, this mighty tome is signed by the
governor. It is not "secret." But politicians and journalists do not want to talk about it.
"Now Burien has told those who will listen what to look for and where to find it. ...
"Now the fact is that all major newspapers and other media
outlets receive copies of the CAFR. They know what is in the report, but they keep silent. ...
"The SPOTLIGHT is throwing its weight behind Burien and his
efforts for a task force to get a class action lawsuit underway and educate the public about the CAFR and the fraud surrounding it. ...
"Let's get moving.
"Remember: Your influence counts. Use it!" (By Vince Ryan,
Liberty Lobby Reports)
=====================
[ (pp. 12-14,
"From Washington to the Local Level, Governments Awash in 'Secret'
Cash") This explosive story was first discussed on the June 7 broadcast of The SPOTLIGHT'S weekly call-in talk forum, Radio Free
America (RFA). with host Tom Valentine.... Walter Burien, a longtime commodities trading advisor ... uncovered the CAFR scandal at the state level for the first time as long ago as 1989. (published in the June 29 issue of The SPOTLIGHT. On July 5 and July 12 broadcasts of RFA, Burien was once again the featured guest. What appears here is an edited transcript of the discussion. Burien can be reached at (520) 717-1994. His e-mail address is cevi2000@aol.com. To support him, write: Citizens Economic Victory Initiative (CEVI), P.O. Box
11444, Prescott, Arizona 86304. Send self-addressed stamped
business-sized envelope for a response.]
"These hidden slush funds maintained by county, state and federal bureaucrats amount to billions of dollars and they mean vast profits for the high-level international power brokers who benefit from controlling this vast wealth.
"... There is a composite federal CAFR which is approximately 6,500 pages which shows the true revenue status, the combined totals of equity ownership and revenue held by government....
"I learned about New Jersey 10 years ago... and in the CAFR for New Jersey on page 174 of the year 1989, it shows cash receipts for approximately $86 billion for all agencies and departments. The declared budget at that time was $17 billion. In New York City we're dealing with trillions of dollars....
"The major media (ABC, CBS, NBC, CNN, etc.) are sent a copy of the federal CAFR each year. They know exactly what it is. And they intentionally know not to say anything about or or mention it on the news, period.... Now these media groups were sent the CAFRs for the last 30 years. It's just the fact that the CAFRs are not mentioned that is interesting....
"People need to create a national strike force. It's a
two-pronged venture. The strike force would contact all city, county, state and federal departments and get copies of their CAFRs and start listing total gross receipts brought in for the years, the total investment accounts, the whole spectrum, including stock ownership, insurance company equity participation..... "All of this amounts to trillions and trillions of dollars....
"Now since I first appeared on Radio Free America, I've gotten phone calls from a number of lawyers who heard the show and who have said, 'There's got to be a class action lawsuit in this case somewhere.'
"I've responded by saying that taking into consideration stock ownership by cities, counties and states and federal, we're talking about close to $32 trillion that's being held here. The majority of this money was created by intentional nondisclosure to the public so that it could be created and prosper....
"If there was a target of about 25 percent of these funds for return to the public, that would amount to about $8 trillion....
"We don't want to bring the government down. We want to bring the country up...."
(Here's where you can look on the Internet to find the Comprehensive
Annual Financial Reports of some states and counties:
financenet.gov
======================
p. 16, Editorial:
"Conspiracy is defined as 'an unlawful plot.' To conspire is 'to
plan together to commit a crime.'....
"Trillions of dollars, are not counted as 'revenue when public
officials make up budgets. These funds are, by statute, many times
"off budget." That means you don't see them....
"The story of the 'missing' trillions could become the most
important story of this decade...."
==============
"The SPOTLIGHT" is $1.25 a copy; $59 for 1 year. Right now there is a special offer of 26 weeks for $22.50. Call: 1-800-522-6292. Refer to code AGS88. Expires 9/24/98.
Spread the word! Your entitled to that part of your BACK TAXES the
plutocrats are hiding and squandering on themselves!
Tradval (Victor E. Zino)
Tradval@aol.com
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