There is a conspiracy being perpetrated against the American
people with regard to the true nature of America's financial situation. To most
people, America appears to be on her last economic legs and the future looks hopeless.
On the other hand, America has never been wealthier. However, the wealth has
been horded and hidden from the American people.
This article exposes why the central bankers and the
corporate controlled media are attempting to make it appear as America is dead
broke with no hope of recovery. The central bankers, through the government,
have indeed hijacked and are hording and hiding substantial assets as
they are planning to take the surface economy down as early as this
fall/winter. The globalist strategy consists of convincing the people, in
advance of the collapse, that there is no hope of economic recovery. Under this scenario,
the perpetrators of the collapse will meet with less direct resistance, both in
the collapse phase and in the recovery phase in which we will all witness the establishment
of a world government and a one world economic system.
Which side is correct? Are we broke or do we have
substantial hidden assets? Both sides are correct. The visible economy, which
is obvious to all (e.g. the health of the fiat currency, the unemployment rate,
national GDP relative to the planet's GDP), clearly indicates that a
collapse is imminent. However, there is also substantial wealth that is being
horded on behalf of the banks and corporations by their governmental partners,
which could make a significant difference in the health of our economy. The
wealth is substantial and has successfully been hidden from most Americans
The Case for a Looming Economic Collapse
The undoing of the America currency has been a century in
the making. In 1913, the most evil organization on the earth was created by an unconscionable
act of Congress with the creation of the Federal Reserve. The United States
national debt is more than 5000 times larger than it was when the
Federal Reserve was first created, and this fact has served
to turn nearly all of us into debt slaves with each of us vulnerable to the
manipulation of the global elite.
<http://endoftheamericandream.com/archives/is-the-federal-reserve-doing-a-good-job>
<http://theeconomiccollapseblog.com/archives/category/federal-reserve>
The bankers who helped to create the Federal Reserve
intended to permanently enslave the U.S. government to a perpetually expanding
spiral of debt, and their plan has worked and their final victory is nearly at hand.
<http://theeconomiccollapseblog.com/archives/who-runs-the-world-solid-proof-that-a-core-group-of-wealthy-elitists-is-pulling-the-strings>
Boston University economist Laurence Kotlikoff, stated that
the U.S. government is facing a "present value difference between
projected future spending and revenue" of 222 trillion dollars in the
years ahead. Where are we going to come up with 222 trillion dollars? The short
answer is that we won't under the existing set of economic rules that we are
forced to live under.
<http://www.bloomberg.com/news/2012-08-08/blink-u-s-debt-just-grew-by-11-trillion.html>
<http://www.bloomberg.com/news/2012-08-08/blink-u-s-debt-just-grew-by-11-trillion.html>
In 2001, the United States represented 31.8 percent of the
world's economic activity. By the end of
2011, that share had dropped to 21.6% in 2011, which means that America's
portion of the world's economy is 32% smaller than it was a decade ago and it
is declining more with each passing day. With economic indicators such as these,
there is no way to climb out of the economic hole we have entered courtesy of
the globalist inspired free-trade agreements (i.e. NAFTA, CAFTA and now the
MEFTA, AFTA and the TPP). With these kinds of economic indicators, more
Americans will be competing for a smaller number of jobs which are
significantly declining in pay.
<http://acrossthestreetnet.wordpress.com/2012/11/28/the-cost-of-kidding-yourself/>
Over one hundred million unemployed Americans are no longer
even looking for work. The next time you go into the Department of Motor
Vehicles, please realize that you are subsidizing a drivers license for about a
third of the people in that building. You are also paying for their health
care, food stamps and shelter. And many of these lower class,
poverty-stricken "Americans" are living a higher standard of living than
you are and this is by design courtesy of Chairman Obama.
Wayne Emmerich found that the family breadwinner who works
only one week a month at minimum wage makes 92% as much as the breadwinner
grossing $60,000 a year.
<http://www.zerohedge.com/article/entitlement-america-head-household-making-minimum-wage-has-more-disposable-income-family-mak>
<http://www.zerohedge.com/article/entitlement-america-head-household-making-minimum-wage-has-more-disposable-income-family-mak>
Emmerich's stats demonstrate that by working only one week a month one can
save a lot of money in care expense. But topping the list is Medicaid, which is accessible to minimum
wage earners and
the program has very low deductibles and co-pays. In short, by working only one week a month at a minimum
wage job, a minimum wage earner is able to get total medical coverage for next to nothing courtesy
of you and me.
<http://www.zerohedge.com/article/entitlement-america-head-household-making-minimum-wage-has-more-disposable-income-family-mak> child
<http://www.zerohedge.com/article/entitlement-america-head-household-making-minimum-wage-has-more-disposable-income-family-mak>
The middle class is not as lucky as the $60,000 breadwinner
pays out approximately $12,000 per year in health insurance costs with an
addition $4,500 in co-pays. And if anyone in the part-time minimum wage earning
family is disabled, SSI pays out an additional $8,088 per year. When one begins
to calculate the expenses incurred by a typical breadwinner making $60,000 per
year, compared to the part time minimum wage worker, coupled with minimum wage
earners tax supported federal bailouts for these freeloaders, the poor have
more discretionary income than those who pay the taxes that run the country. And if the part time minimum
wage worker is willing to cheat and participate in the underground economy,
they will have significantly more discretionary income than their hard-working
$60,000 per year counterpart who actually works for a living. In short,
if you are a full-time employee making above minimum wage, you are paying for
your own economic demise. The numbers here suggest that we'd be better off
staying home and living off of the labors of what's left of the middle class
and of course this would help to collapse the economy.
Unbearable Taxes Are Leading to Record Expatriation Rates
Overwhelmingly, the number one reason that Americans are
fleeing the country is because of high taxes. The income tax rate rose this
year to 39.6% from 35% for individuals earning more than $400,000 a year and
married couples earning more than $450,000. As of this year, 77% of Americans
will pay higher federal tax rates because the cuts in Social Security payroll
taxes expired when Congress passed its tax package on New Year's Day. The Tax
Policy Center estimates that those who earn more than $1 million would pay an average
of $170,341 more in taxes. The tax burden is adding crushing weight to a beleaguered
upper and middle class America.
<http://www.taxpolicycenter.org/UploadedPDF/412730-Tax-Provisions-in-ATRA.pdf>
<http://taxpolicycenter.org/numbers/Content/PDF/T12-0428.pdf>
Hiding and Hording Massive Assets That Could Rescue the
Country's Economy
Americans are lamenting the fact that our budget deficit is
now over $17 trillion dollars. Our national debt and deficit is a drop in the
bucket compared to the assets that our government controls. However, far
beneath the ground, the federal government owns the rights to mineral and
energy leases, from which they receive royalties, rents, and bonus
payment, states the Institute for Energy Research, an industry group. According
to their estimates, government states that the assets are worth $128 trillion
<http://www.instituteforenergyresearch.org/?p=15346>
<http://thecommonsenseshow.com/2013/02/06/america-is-not-broke-we-are-being-lied-to/:%20http:/www.businessinsider.com/bureau-of-land-management-is-sitting-on-128-trillion-of-minerals-2013-2#ixzz2K8qFDOxS>.
That's almost
eight times the national debt. This is a hard asset which could be collateralized and matched against
the deficit.
"These resources could be leased to third parties and
could subsequently earn the state and national government huge royalties,
rents, and bonus payments that it is estimated
could total almost $150 billion over 10 years, just for the
oil and gas leases alone." Then why isn't this being done? Simple, ask
yourself who would lose money if these idle assets were to brought to fruition?
The oil companies would lose money, that's who! The same oil companies that
block oil drilling on the North Shore of Alaska. The same oil
companies who preserve the existing relationship with Middle Eastern nations,
which someday, will pull us into a devastating world war with Syria and Iran.
<http://thecommonsenseshow.com/2013/02/06/america-is-not-broke-we-are-being-lied-to/:%20http:/www.businessinsider.com/bureau-of-land-management-is-sitting-on-128-trillion-of-minerals-2013-2#ixzz2K8qFDOxS>
Further, the unleashing of these assets would reduce the
costs of energy for consumers and businesses. Now, the owners of the utilities,
the same people who are the owners of the oil companies, could not permit that.
The utilities have invested billions toward the installation of smart meters
and a new infrastructure smart grid, in which they control all energy
pricing.
Another factor that comes into play on why these assets are
not being unleashed is because plentiful, reliable and cheap energy supplies
would greatly accelerate economic growth and jump start the economy out of the
doldrums.
<http://www.businessinsider.com/bureau-of-land-management-is-sitting-on-128-trillion-of-minerals-2013-2>
But when the globalists' goal is the creation of a one world
economic system, based upon keeping nations in debt, controlled by a tyrannical
one world government, the old government and economy must be brought down and
this economic boon to the economy cannot be allowed to transpire. Therefore,
the government acts as a procurement agent for the globalists, who will
eventually unleash these assets to themselves, after the collapse of the
dollar.
CAFR'S the Source of Untold Wealth
For over a decade, accountant Walter Burien, has been trying
to raise public consciousness over what he says is a massive conspiracy, totaling trillions of dollars. The
conspiracy, Burien says, is one in which governments at all levels have hidden
away funds in a practice commonly called CAFR's. Burien's numbers may be
questioned, but there can be no doubt that significant hidden funds clearly
exist. The existence of CAFR's are evidenced by the existence of the
Comprehensive Annual Financial Reports (CAFRs). CAFR's are a required aspect of
every
government agency accounting practices. Therefore, the
existence of this underground slush fund is a matter of public record.
<http://thecommonsenseshow.com/2013/09/18/the-greatest-financial-conspiracy-in-american-history/cafrs-1/>
cafrs 1
The subject of CAFR's first came to light when Colonel
Gerald Klatt alerted Burien to their existence. Coincidentally, Klatt died
under very mysterious circumstances, in 2004, which lent credence to the claim
that there was a conspiracy to cover up the scope and true nature of CAFR's.
Just what is a CAFR and how does it explain how the American are being lied to
about how much money truly exists within the control of the government? <http://www.cafr1.com/>
To help you understand the nature and process of CAFR's,
let's pretend that you were to have a checking account with $100 and a savings
account with $1,000 in two different banks. Let's further imagine that you only
reported to the IRS, that you only had $100 dollars as your net worth because
you don't want to use your savings account to pay bills (i.e. taxpayer obligations).
Subsequently, you'd be audited and put in a federal prison for failure to
report the larger amount. However, the government grants itself permission to play by its own rules and to make up the CAFR
rules as they go along. The government, as described in the above example,
simply designates that it has two accounts (i.e. the $100 account and the
$1,000 (CAFR) savings account). However, the larger CAFR account is designated
as "non-governmental" or "non-taxpayer" income and this
allows the government to hide all of this wealth from the people as reported in
the government's Budget Report. In this economic scenario, only the smaller
account is the one that gets declared. And the reason that governments continue
to engage in this shady practice, is that they want to be able to justify the
taking of a greater portion of your income through increased
taxation. I call this highway robbery. As an aside, have you noticed that many
counties are building monumental justice centers which defy description of
where the funds came from given the present state of economic affairs. These
centers are being built with CAFR's which are monetized in a variety
of ways.
<http://thecommonsenseshow.com/2013/09/18/the-greatest-financial-conspiracy-in-american-history/cafrs-2/>
cafrs 2
The subject of CAFR's is something that has come into my
life with an explosion. In Maricopa County (greater Phoenix area), former county attorney, Andrew Thomas, was disbarred
eighteen months ago. A three-member panel found that former County Attorney
Andrew Thomas violated the professional rules of conduct for lawyers in
bringing criminal charges against two county officials and a judge in December
2009. What gets lost in the media reporting of Thomas sudden departure from
office and his disbarment is why Thomas was prosecuting two county
officials, County Supervisors Dan Stapely and Mary Rose Wilcox as well as
Superior Court Judge Gary Donahoe. Thomas initiated the investigation with
allegations of financial wrong doing on the part of the three individuals.
The second phase of his investigation was to attack the use of off the books
funds (i.e. CAFR's).Thomas was gone from office before phase two of his legal
action could be commenced and Arpaio was neutralized.
A few years ago, Maricopa County just completed the building
of an expensive justice center worth more than 500 million dollars. Where did
the money come from as it has repeatedly been reported in the Phoenix media
that the County is broke? Who benefitted? Thomas found evidence of money being
kept off of the books and was attempting to expose it and the forces of the establishment
had him expelled from office and disbarred within months of the first
accusations. Simultaneously, Sheriff Joe Arpaio was complicit in the ill-fated
Thomas investigation by carrying out the investigation and participating in the
arrests of the three officials. Shortly thereafter,
Arpaio was the source of a massive Eric Holder led justice
probe into his department's alleged racial profiling of illegal immigrants in
Maricopa County. Arpaio brilliantly retaliated with an investigation into the authenticity
of Obama's long form birth certificate. Obama was declared, by Arpaio, to be
ineligible to appear on Arizona's ballot for President in 2012. Then the controversy went dark and the back and forth
between the Feds and Arpaio disappeared from the front page of the newspapers.
Obama eventually appeared on the ballot and Arpaio received a mere slap on the wrist from the Department of Justice. Can anyone say "a
deal was struck?" Apraio survived because he had leverage against Obama
and Andrew Thomas did not and subsequently, Thomas' license to practice law was
revoked by a three judge panel which operated in the spirit of the worst of any
kind of Kangaroo court.
If the Thomas case had been fully exposed to the media, the
subject of CAFR's would have been irrevocably exposed. The obfuscation of
public funds issue appeared to be dead. However, I had an inside source come
forward and his name is Doug Rhoads. Doug is a former Maricopa County
prosecutor. He approached me in early June of 2013 after reading a multipart
series that I had published on my website regarding the privatization of for
profit prisons and the fact that many states were promising private corporations
a 90% prison occupancy rate, thus driving up zealousness of criminal prosecutions
aimed at keeping the prisons full and profits high.
Doug Rhoads informed me that these everyone of these
criminal cases were being monetized as a traded commodity on the market and that
the earned money went off of the books. Doug subsequently appeared on my talk
show for two hours and exposed the fact that this was indeed taking
place and we also discussed the Andrew Thomas affair. Since the airing of this
interview with Rhoads, I have been personally threatened on two occasions that
if I continued to report on prison privatization and the Rhoads revelations of hidden public assets, there would be "grave
consequences." Also, since the Rhoads interview, I have been contacted by
several people, each with a different angle on this situation. However, all of
them are afraid for their careers and their lives if their whistle-blowing were
to ever be exposed.
The issue and existence of CAFR's is being zealously
guarded. The release of CAFR's, alone, could erase our national debt and return
financial affluence to America. For example, California Governor Brown, claims
that the
California's state budget deficit of $16 billion requires
austerity actions. However the state's CAFR funds revealed $600 billion in undeclared
assets. When all the CAFR surplus accounts are totaled,
<http://www.examiner.com/article/does-california-need-a-600-billion-investment-fund-given-our-austerity>
<http://cafr1.com/challenge.html>
Californians have been overtaxed by $8 trillion dollars in a
sampled study. This is being done at every level of
government, two sets of books and two sets of figures. You
do not have to be living in California and Arizona to be the victim of this
deception, it is in every state. This makes the national debt appear to be
meaningless.
And whatever happened to Col. Klatt, the man who first
revealed the existence of the CAFR's? He suffered a worse fate than Andrew
Thomas, he was likely murdered as Klatt served for a long time as an Air Force
auditor and federal accountant, and it's likely that he got too close to
some military CAFR's being used for "off the books" operations and he
died under very mysterious circumstances. Google "Walter Burien" and
be prepared to get really upset about how much money is being withheld by
government in this unholy accounting practice.
What Does It All Mean?
Through CAFR's, the government is clearly hording money.
Where does the money go? Nobody can be certain except that it makes the lion's
share of money collected eligible to be used as off the books spending.
This is where the plot thickens and things get very
interesting. If the economy is collapsed due to the well-publicized debt listed
in the first part of this article, it is not known what would happen to the
CAFR's, the underground mineral resources, etc. Since these assets are
technically off
the books and under the control of local governments and
many of their corporate NGO's, they would presumably be unaffected in an
economic collapse scenario. And wouldn't that be the goal of banking interests
who would want to collapse the economy in that they would want to procure as
many hard assets as possible before the collapse. Since government at all levels
has repeatedly proven itself to be agents of the megabanks and the
corporations, these institutions would survive an economic collapse with a
great deal of hard assets.
Conclusion
I have concluded that the powers that be are hording hard
assets as a means to maintain power following the economic reorganization which
would follow a collapse. Further, this theory is further bolstered by the fact
that Federal
Reserve continues to buy $40 billion of mortgage backed
securities every month and MERS is continuing their theft of home mortgages at
record rates. This scenario looks like the globalists are following a massive
wealth transfer scenario and the pace of this wealth transfer is accelerating.
What
is the rush? Could it be that what I wrote about two weeks
ago is indeed coming into play?
The GRID EX II drill in which the power grid is being
"taken down in a simulation," is something that cannot be easily
dismissed as the next false flag event. However, this is eerily similar to what
happened in 9/11 and the 7/7 bombings as well as the Boston Marathon bombing in
which a drill
culminated in a false flag attack. If the grid is taken
down, and as I have stated before, a false flag within a false flag can be
executed and the banks can be collapsed and the country will barely notice. Who
would notice the missing digits in their bank accounts when the grid is down
and the
people are starving by the third day following the blackout?
Meanwhile, government as well as their banking and corporate partners would
hold most of the hard assets in the country following an economic collapse and
would stand to be in a position of extreme power when the smoke eventually
clears.
In this scenario, the largest remaining asset that the banks
would not totally control would be the privately owned homes and businesses.
But after a collapse, how would people pay their mortgage? The short answer is
that they could not. And who would the deeds revert to? They would revert to
the banks.
Although I think this scenario is likely, this is only a
theory regarding the tie in with GRID EX II, hidden wealth and collusion to
collapse the economy in order to transfer wealth and to consolidate holdings.
However, what is not a theory is the fact that our hidden assets outnumbers the
sum total of our debt as a nation and the debt and the deficit could be paid
off overnight should the people wake up and force the government to release the
true wealth of the country.
Source: http://thecommonsenseshow.com/2013/09/18/the-greatest-financial-conspiracy-in-american-history/ September 18, 2013 - Dave Hodges,The Common Sense Show
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