governments

Why governments are always 'broke' - Comprehensive annual financial reports revealed

Sunday, November 04, 2012 by: Rich S.
Tags: CAFR, financial reports, governments

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(NaturalNews) For decades, governments have been siphoning off hundreds of billions of dollars in tax money and storing them in offshore accounts for public and private use. At the same time, they claim that there is no money in the budget or that they have no choice but to raise taxes, cut services, or both.

As revealed in the Comprehensive Annual Financial Reports, there is far more money available than most would ever believe, it's simply not allocated into their budgets. This creates the illusion that there is no money available, thus giving governments on all levels an apparent justification for the raising of taxes.

So what is the Comprehensive Annual Financial Reports? Here is the definition from Wikepedia.org

"A Comprehensive Annual Financial Report (CAFR) is a set of government financial statements, which goes beyond the minimums established for Annual Financial Reports completed by public sector companies by the National Council on Governmental Accounting (NCGA) statement 1." These reports began in 1934 and are created at the federal, state, local and municipal levels. (http://en.wikipedia.org/wiki/Comprehensive_a...)

Why are these reports so incredibly critical and important? Because they explain where all of the money collected from taxes and countless other fees really goes and they explain just how the money is being allocated.

While most people are aware of government corruption on many levels, these reports expose the absolutely stunning magnitude of this corruption and the staggering lies that have been fostered on the American people for decades. The incredible deceptions of the monetary system itself with its invisible lien or maritime hypothecations (also known as tacit hypothecation) are bad enough (http://www.naturalnews.com/031673_government_deception.html) but these reports give the specific breakdowns of just where this money is going and how much.

The CAFR, which is never spoken of in the mainstream media, details how not just billions, but even trillion of dollars have been secretly stolen by governments on all levels by hiding the money in "slush funds." They then claim to be broke and in a deficit to force families and individuals to have to cut back on spending and work two, three or even four jobs to make ends meet and thus forcing an unjustified and needless tax burden onto the people.

An example of this relatively simple yet diabolical scam is as follows. If a government has $10 billion available, they only allocate $1 billion into the budget and once that money is spent, they claim that they are broke. There is no more money in the budget and they must raise taxes or take some other action to "save money." This scam has been going on for decades.

It may be technically true that there is no more money in the budget, but that does not mean there is no money available. There is in fact plenty of money available to add to the budget, but by claiming the budget is empty, they can justify pilfering unimaginable amounts of money into offshore accounts to be used for various nefarious and even illegal purposes, including funding the enslavement of the American people. This is exactly what was done in the Roman Empire for centuries via toll roads which are also being set up in the U.S. today via the NAFTA super highway.

No matter how much money is collected, they will almost never claim to have a surplus because their greed will never be satiated. Not only do they hide trillions in tax dollars in offshore accounts, but governments on all levels own over half of the stock market, including hundreds of major companies and other publicly traded corporations.

Sources:

"They Own it All (Including You), By Means of Toxic Currency," by Ron Macdonald and Robert Rowen
"The Creature from Jekyll Island" by G. Edward Griffin
CAFR Alex Jones http://www.naturalnews.tv/v.asp?v=356185FA665671F82661F3D30C1E5D09
Walter Van Burien http://cafr1.com/
Wall Street - Conspiracy Theory
http://tv.naturalnews.com/v.asp?v=3788C669E499E577DF906E6D0AA1B48A
http://en.wikipedia.org/wiki/Comprehensive_a...

About the author:
Rich is a network engineer and longtime practitioner of Chinese martial arts, medicine and chi-gung for over twenty six years. Having learned many Chinese health and healing arts from old world gung-fu and healing masters and practitioners, he has helped many people to overcome their health issues and achieve their fitness goals. Through diligent study and experience he has taken this knowledge even further over the years including reading scores of books on Chinese medicine, health, chi theory, science, physics, nutrition, supplements, meditation, martial arts, and many other subjects. Utilizing the web, health and fitness videos, newsletters, articles, teachings and lectures, Rich is passionate about spreading the true knowledge of health, healing, fitness and spiritual truths. I'm proud to be writing articles for NaturalNews.com You can read many articles, hear audio interviews, and learn more about the highly praised Chinese Health and Fitness video by visiting Chinese Health and Fitness.com




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