Monday, October 16, 2006

Comprehensive Annual Financial Reports EXPOSED! (Alex Jones)

A video by Jones in which he interviews Commodity Trading Advisor (CTA) Walter Burien, who alleges that the majority (70%-85%) of stocks and insurance funds are owned by the federal, state and local government through investment fund participation. According to Burien CAFR (Comprehensive Annual Financial Report), only one-third of government's gross income is tax income, with the remaining two-thirds generated from non-tax income in the forms of investment and enterprise.
The Annual Financial Report accounting structure for government started in 1946 through a private group called [Government Financial Officers Association], and then was Federally mandated for all local governments in the USA. A Google search will now yield over 260,000 hits on the CAFR. Mr. Burien suggests the CAFR review site CAFRMan.com, run by a retired Federal Auditor of 30 years, Gerald Klatt. The vide also includes an interview with former IRS special agent Joe Banister.

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