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

 
SpaceCommand
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11/07/2012 10:47 AM

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Why governments are always 'broke' - Comprehensive annual financial reports revealed!
[link to www.naturalnews.com]

Why governments are always 'broke' - Comprehensive annual financial reports revealed
by Rich S.

(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.

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 ( [link to www.naturalnews.com] 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.

[link to www.naturalnews.com]
"With an eye made quiet by the power of harmony and the deep power of joy, we see into the life of things." William Wordsworth

And yet the same revolutionary beliefs for which our forebears fought are still at issue around the globe—the belief that the rights of man come not from the generosity of the state, but from the hand of God.

John F. Kennedy Inaugural Address

Lincoln's economic advisor Henry C. Carey explained the universal issue in his 1851 Harmony of Interests:

"Two systems are before the world.... One looks to pauperism, ignorance, depopulation, and barbarism; the other to increasing wealth, comfort, intelligence, combination of action, and civilization. One looks towards universal war; the other towards universal peace. One is the English system; the other ... the American system, for ... elevating while equalizing the condition of man throughout the world."
SpaceCommand (OP)
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11/07/2012 02:13 PM

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Re: Why governments are always 'broke' - Comprehensive annual financial reports revealed!
starrynigh
"With an eye made quiet by the power of harmony and the deep power of joy, we see into the life of things." William Wordsworth

And yet the same revolutionary beliefs for which our forebears fought are still at issue around the globe—the belief that the rights of man come not from the generosity of the state, but from the hand of God.

John F. Kennedy Inaugural Address

Lincoln's economic advisor Henry C. Carey explained the universal issue in his 1851 Harmony of Interests:

"Two systems are before the world.... One looks to pauperism, ignorance, depopulation, and barbarism; the other to increasing wealth, comfort, intelligence, combination of action, and civilization. One looks towards universal war; the other towards universal peace. One is the English system; the other ... the American system, for ... elevating while equalizing the condition of man throughout the world."

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