Alex Blumberg and Walter Burian talk about the biggest scam in the world, the Comprehensive Annual Financial Report from the Texas Comptroller's Office of Public Accounts, which is a scaled down version of the previous annual financial report from 1998.
00:05:57.000This Comprehensive Annual Financial Report is not as lavish as the previous Comprehensive Financial Reports, and it does not give all of the numbers.
00:06:07.000And that is because of the pressure of myself and hundreds of other Americans in the media, in the alternative press, AXS TV, syndicated talk radio that is not yet controlled in many cases, reporting on this.
00:06:17.000You're saying, Alex, you're talking about a comprehensive Annual financial report.
00:06:46.000This is why we're being wired for sound.
00:06:48.000This is why our driver's licenses have a digital thumbprint on them.
00:06:51.000This is why we're losing national sovereignty.
00:06:55.000Because, ladies and gentlemen, the Comprehensive Annual Financial Reports, and states, counties, cities, water districts, school districts especially, all have these.
00:07:06.000And if you type in C-A-F-R, C-A-F-R, or type it all the way out, Comprehensive Annual Financial Report, into a search engine, You will see thousands of links to counties, to cities, to states, and to the federal government bragging, going back over years, stuff going back to probably 1990 is on the web.
00:07:29.000The federal government has a whole website on this, openly admitting this galactic-sized fraud we're about to expose yet again here on the air.
00:07:39.000Now, hold on to your hat, ladies and gentlemen.
00:07:41.000Strap yourselves in for what I'm about to tell you, and this is 100% proven from the state's own numbers, the county, the city, the feds, you name it.
00:07:49.000Let me give you an analogy to bring this down to earth.
00:07:52.000Let's say, hypothetically, I make $100 a week.
00:07:56.000Alex Jones makes $100 a week, hypothetically.
00:08:00.000But I tell my family, my wife and children, which I don't have, but again, it's a hypothetical example.
00:08:05.000I tell my wife and children that our budget, that we've got to stay on budget, That I only have on budget two dollars a week.
00:09:10.000She doesn't know where I'm banking it, where I'm investing it, where I'm blowing it, what I'm doing with it.
00:09:16.000All she knows about is my budget that is $2 a week, and then I've gone over and I'm in a deficit.
00:09:21.000And to pay off that extra dollar a week we're spending, because our budget is $2 and we spent $3, because she doesn't know about the other $98 that I really made that week, She's going to have to go out and get another job to pay off that debt.
00:09:34.000This is what the state of Texas, the Travis County, that Austin, Texas does.
00:09:39.000In 1998, in the Comprehensive Annual Financial Report, the state of Texas had a $435 billion surplus.
00:10:28.000It goes out to all the major bond houses, all the major mutual funds, all the major companies like Xerox and Ford and you name it, Monsanto.
00:12:07.000we're at water burial a little bit later We're going to go into great detail on this.
00:12:10.000It's one of the biggest secrets around, just like the Federal Reserve being private and having private stockholders and being run for profit.
00:12:33.000And the big news is, get ready for this, That they own over half the stock market, that is state, county, city, and the federal government.
00:12:43.000That they own 70 plus percent of Xerox, using an example, 80 percent plus of Ford.
00:13:08.000They own a large portion of privately held companies like Dell.
00:13:13.000They own a large portion of the stock that Gates has it turned loose of in Microsoft, in Intel.
00:13:19.000Motorola is almost completely owned by the government.
00:13:27.000This is the definition of organized crime.
00:13:30.000But yet they sell you at the city level when the city of Austin has billions of dollars, billions of dollars, billions of dollars of surplus.
00:13:59.000Now you understand why government is so-called privatizing utilities, and privatizing hospitals, and privatizing roads, and privatizing everything.
00:14:32.000Before so-called privatization, it was actually privately held predominantly.
00:14:37.000Up is down, down is up, black is white, white is black.
00:14:43.000I want you to think about the magnitude of this.
00:14:49.000Because when they tell you that you've got to pay more taxes because of the deficit on the budget, that's like if I made $100 a week and I told my wife, our budget is $2.
00:16:24.000Within another five years, the government will own all of the stock that you do not proudly held.
00:16:32.000And what the people hold is going to be such incredible peanuts compared to it, it won't even count.
00:16:40.000Now, how many of you knew that big companies, when they have stockholder meetings, have city managers and portfolio managers and folks from the National Association of Counties and Cities and Governors there as the top people in that hall with that CEO up there?
00:16:56.000How many of you knew that, that people from Travis County, top officials, Travel the country weekly to New York and Boston and Los Angeles and even here in Austin to go to these stockholder meetings and to see how their stock is doing.
00:17:18.000How many of you knew that with the 60 plus trillion dollar surplus that is going on right now with state, federal, and local That you could have all the government services that are here, expand them according to population, expand them taking inflation into account.
00:17:41.000You have to understand, ladies and gentlemen, that we would never have to pay taxes again.
00:18:33.000That's not, you can't have a man in the house, and we're going to break up your family, and you've got to put your kids on Ritalin and Prozac, and then we'll give you enough to barely live in a run-down rat hole that the government operates.
00:18:45.000We're talking about money coming directly to you.
00:18:52.000We're talking about never paying taxes again.
00:19:03.000The alternative is to allow state, local, and federal governments, school districts, water districts, like the LCRA, building their giant complexes everywhere, to continue to take your tax money and invest it in the stock market, buy actual companies, start their own businesses, I mean, think about this, and they'll run everything.
00:19:32.000They're telling you, you gotta dig deep and tighten your belt to pay off the deficit, the federal deficit, when the feds have 30 plus trillion dollars in absolute cream off global investments.
00:19:48.000Forget The bills, things that they're slated they have to pay off in the future, all that's on the budget.
00:19:54.000They put all the losses, all the expenses on budget, and then tell you about the budget, and then never talk about the comprehensive annual financial reports, and what their actual cash gross annual receipts are from turnpikes, and sales taxes, and fines, and fees, and regulatory payments.
00:20:19.000Walter Burien was at the highest levels, running a large company in the World Trade Center, doing all of this stuff ten years ago when he found out about it.
00:20:32.000When he found out, he's going to tell you the story.
00:20:34.000And I didn't believe Walter Berrian two years ago when I found out about this.
00:21:15.000And we're reading in the newspaper every single day.
00:21:21.000We're seeing it in the paper every day.
00:21:25.000That there was a $6.9 billion surplus, and there was a big fight over if we were going to get any of it back, and we got $2 billion back.
00:21:34.000So we got $2 billion back, they told us it was a $6.9 billion surplus, when it was really $435 billion.
00:21:44.000The city of Manhattan, the city of Manhattan, ladies and gentlemen, In 1989, with their own numbers, and I've seen them, had 1.2 trillion dollars in cream surplus, off the top.
00:22:01.000Not the stuff that had to stay in investments, not the paying for the schools, or the buildings, or leases, or fines, or fees, or new equipment, or paying employees.
00:22:09.000That's all in a little bitty budget over here.
00:22:12.000Tens of billions of dollars for Manhattan.
00:22:32.000We're talking about the biggest game in town.
00:22:35.000With the man that did the equivalent of proving the world was round, like Galileo.
00:22:41.000It's something so huge, so monolithic, documented by the states, by the counties, by the cities, but no one in the press, no one in the media will talk about it.
00:22:49.000Governments are running gigantic surpluses.
00:22:52.000They're buying up everything, most of the industries.
00:22:55.000We already used the example of Xerox and Ford.
00:23:00.000They're building their own little empires.
00:23:03.000I give you Walter Burien, and now a lot of folks are out there copying his work, and that's great.
00:23:08.000Former guy that did all the accounting for the Air Force and their investigations in accounting is now out there calling himself Capper Man, CapperMan.com.
00:23:18.000A lot of folks are coming forward on this, but this is the person that did it.
00:23:22.000He did two hours with me on the radio today and now he's joining us again for this AXS television show.
00:23:26.000And I appreciate to Walter Berrien doing this.
00:23:28.000This is the only place you'll see this type of information, ladies and gentlemen.
00:23:37.000Joining us from your home out in Arizona.
00:23:40.000I want you to take a couple minutes out and just tell folks about Walter Berrien, how Walter Berrien found out about the biggest game in town, and who really runs this planet, and then later, solutions to stop it.
00:24:31.000And one of the local radio stations, 101.5 FM, two DJs, John and Ken, started doing rabble rousing, taking calls from listeners on examples of waste and misspending.
00:24:43.000I was listening on the first two days, and I heard people calling in on examples of $5,000, $15,000.
00:24:49.000The highest figure I heard was $85,000.
00:24:52.000And I pulled out the budget report and looked at the billions of dollars that the state was dealing with, called into the radio program, and I said, come on, guys, you're missing the whole point.
00:25:01.000The state is dealing with billions of dollars.
00:25:04.000If there's fraud, waste, and misspending taking place, it's taking place on the tunes of tens of millions, if not hundreds of millions of dollars.
00:25:10.000And that was using the budget, where they try to give us tunnel vision, to just look at the budget.
00:25:16.000That's what brought you into the comprehensive annual financial report.
00:25:21.000You started doing a little bit of your own rabble-rousing when John and Ken challenged you, didn't they?
00:25:49.000115,000 people converged on Trenton and shut the city down.
00:25:53.000But, in the interim, I said I better start looking at the revenue, budget, and finance.
00:25:57.000Being that I was a commodity trading advisor, large numbers did not bother me.
00:26:01.000One dollar and a billion, that's just a number.
00:26:04.000And I started looking at the budget report, and I noticed that all of the cash cow generators of state government, New Jersey Turnpike, Garden State Parkway, Port Authority of New York, New Jersey, no revenue shown on the budget report.
00:26:18.000I didn't see any large return from investment funds on the budget report.
00:26:23.000And I said, they have to have a two-tier accounting structure here, because I'm not seeing the complete picture.
00:26:28.000Now, the director of the budget, his name was Richard Keevey.
00:26:31.000He was on vacation until the following Tuesday of that week.
00:26:34.000I called his lawyer assistant, and the conversation went just like this.
00:27:13.000Being a bottom line type person, I wanted to see what the totals were.
00:27:18.000Now, on liquid assets, investment assets, for the state, in the Comprehensive Annual Finance Report, it was standing at about $188 billion.
00:27:25.000Now, I start looking for the total cash gross receipts, the number one question IRS asks in an audit.
00:27:33.000Found it on page 174, under Cash Additions, All Agencies, All Departments, All Sources.
00:27:40.000Here's a state with a declared service budget of $17 billion.
00:27:43.000That was bringing in $86,799,000,000 in cash for the year.
00:27:50.000I learned the definition of syndicated organized crime right there on the spot and the principle of operation.
00:27:56.000The principle of operation was anything that was a cost and an expense, they left under the budgetary basis and the public footed 100% of the bill for 100% of the services.
00:28:06.000Anything that was a profit center had the ability of being a profit center, large investment fund that generated substantial revenue, Totally restricted by statute for no tie or inclusion whatsoever with the budgetary basis.
00:28:20.000And in New Jersey's case, they were bringing in $69 billion a year over what they were bringing in on the budgetary basis through taxation, fines, and fees.
00:28:33.000And for the layperson out there, boil that down for them.
00:28:41.000The difference between the budget and the real set of books, the comprehensive annual financial reports.
00:28:46.000Well, up until this point in making this discovery, I always thought, I always heard budget report, budget report, budget.
00:28:53.000We have a shortfall of budgetary revenue.
00:29:03.000And the budget report is strictly the annual operating costs for that year.
00:29:10.000What they're bringing in, what they're supposed to be spending.
00:29:14.000It does not mention the total investments.
00:29:17.000It doesn't mention the total income, and it doesn't mention the total net worth.
00:29:24.000Just as yourself, Alex, if you're making $100,000 a year and your budget for operating your house was $30,000 a year, you could audit your $30,000 budget 100 times over, account for a nickel, dime, and penny.
00:29:37.000If you spent $29,000 this year on your budget, you'd have a $1,000 surplus.
00:29:42.000If you spent $31,000 on your budget for operating your house, you'd have a $1,000 deficit under your budget.
00:29:48.000And there's no discussion of the other $70,000?
00:30:30.000If you look at the 1984 Comprehensive Annual Financial Report, The state's service budget is $1.8 billion, and it shows total gross receipts of $2.1 billion, about a $300 million difference.
00:30:44.000Fifteen years later, going into the year 2000, a service budget reaching $14 billion, and total gross receipts of $22 billion.
00:30:53.000two billion dollars so of course fifteen years eight one thousand percent
00:30:59.000increase in the revenue taken from the pop
00:31:03.000that type of increases unjustifiable by any means in a free society if it wishes
00:31:55.000Those sharp little crackers, the ones running this show, okay, on composite government wealth on the upper echelon, You're not dealing with the Joe Six-Pack crowd betting five bucks on Dallas.
00:32:06.000These are some of the sharpest crackers on the face of the planet who are quite ruthless, that have worked diligently to build their little empires within composite government and by use of the investment funds.
00:32:20.000And they know exactly what they're doing.
00:32:22.000They knew that they needed the cooperation of the syndicated media and education.
00:32:27.000The Comprehensive Annual Financial Report was created in 1946.
00:32:32.000Same year as the United Nations by the same people.
00:32:36.000It was a plan, an implemented plan to take over the wealth.
00:32:40.000And it's not a conspiracy, it's right here in Texas for 99 and 98, 435 million dollar surplus right there in it on page 6, but they were telling us that we had to increase taxes for the children.
00:32:52.000My point is, look at all the things they've done.
00:32:56.000The homes they've stolen, Walter, in the name of property taxes from old people that couldn't pay.
00:33:06.000People busting down doors, raiding people's houses who supposedly haven't paid taxes, bank accounts being seized.
00:33:14.000All of this in the name of, we've got to run the government, you know, we've got a deficit on our budget.
00:33:19.000Meanwhile, you have this 60 plus trillion dollars today with state, federal, and local monies.
00:33:25.000And earlier on the radio today we talked about how we took that money Invested it with even a small rate of return, a 4 or 5 percent, we could phase out all forced taxation within three years.
00:34:04.000I'm going to repeat a conversation I had with a heavyweight from California about two weeks ago.
00:34:10.000I briefed him on the aspect of setting up an annuity pension fund for the resident property owners and taxpayers by which the surplus revenues are deposited into this account.
00:34:23.000Venture and enterprise projects, which the government owns, which in no way they should own, like golf courses or real estate venture projects, are sold back into the private sector, and that money is consolidated into the annuity pension fund.
00:34:36.000And where overgrowth took place, downsizing where appropriate.
00:34:39.000I gave the example of Arizona and their growth.
00:34:42.000All three areas create a phenomenal amount of revenue.
00:34:46.000And that annuity pension fund is written in stone, having the set principle of operation of supplementing that city or county's budgetary basis
00:35:19.000How do you ever possibly plan on implementing such a structure?
00:35:23.000My response to him was, I said, it's already been done.
00:35:27.000I said, composite government pension funds are standing at $28 trillion.
00:35:30.000They generated $4.3 trillion last year.
00:35:32.000They generated 4.3 trillion dollars last year.
00:35:37.000Total taxation in this country, federal, 1.8 trillion.
00:35:41.000Take all local taxation, about 1.6 trillion.
00:35:44.000You're standing, right now, at about $3.5 trillion in total forced taxation in the entire country.
00:35:51.000The government pension funds have generated substantially more than all taxation in this country.
00:35:57.000Through administrative action, you can establish the exact same program for Elimination of all taxation in this country and implement it within three years and in most cases phase out all forced taxation in this country.
00:36:12.000Now, Walter, the point I made on the radio today is people are addicted to their poultry, little government paychecks to the chicken feed we're given, the money they're using to break up the families, can't have a man in the home.
00:36:40.000Even at the current numbers with a 60 trillion dollar surplus with state, local, and federal governments telling us they're actually running deficits when their own documents that they circulate amongst themselves brag that they basically rule the entire country and own almost everything.
00:36:56.000We have to make the point to people that even if nothing was downsized, even if things were expanded for inflation, that if this money was invested, even at a low yield return, we could phase out all forced taxation in three years.
00:37:09.000Now, if they're sold off the golf courses, and the hotels, and the motels, and made the government dump these stocks and the rest of it, then what you would have is, I'd have money like they do in Alaska.
00:37:19.000Last year, people in Alaska got $3,000.
00:37:25.000A paltry part of their oil and gas revenues that the state government was getting.
00:37:30.000Now, I mean, for people who don't understand what we're saying, let me boil it down to you folks one more time.
00:37:36.000In 1998, now the county, the city, the feds, the water districts, the school districts, countless other government agencies, health care groups, all this stuff, that they're supposedly public, no government, they're telling us that They have to increase our taxes because we're running deficits.
00:37:54.000Then you read their own lavish reports and all of them put them out because they trade these amongst themselves in this big empire building.
00:38:01.000They're all bragging to each other that they've got the biggest empires.
00:38:04.000Texas does it right here in this year's report from the comptroller.
00:38:08.000Not a word of the budget in here, folks.
00:38:12.000It's like me making $100 a week, but I tell my wife I make $2, and I tell her my budget is $2.
00:38:27.000And she goes, you know what, we've got to tighten our belts, we will go get a job.
00:38:30.000Meanwhile, I'm investing that $98, or I'm saving that $98 every single week, and she never knows anything about it, and I'm taking her money and doing it.
00:38:39.000Well, we're the woman in the relationship, the government's the mean man here.
00:38:42.000They use popular nomenclature, and we're getting screwed.
00:38:46.000And the same folks that run the Federal Reserve run this system.
00:40:22.000Government constantly keeps taking more and more and more, and they have the public cringing, I don't want to think about it, I don't want to talk about it, I don't want anything to do with it.
00:40:31.000I'll pay my divvy and forget about it until next year.
00:40:35.000And they kept perpetuating their game over and over again.
00:40:39.000And the tens of thousands of people involved within the syndicate, and it is a syndicate, a corporate syndicate, Now remember, folks, this is not speculation.
00:41:17.000Counties, cities, water districts, the feds bragging about how they own seventy-plus percent of Xerox, how they own most of Ford, how they own most of Dell, how they own most of Coca-Cola.
00:41:28.000All of these publicly traded companies.
00:41:32.000So when you see that, I wanted to let folks be aware of exactly what that means so that they'll be able to Back when Microsoft was having problems with the court, the head of the New York State Retirement Pension Fund for the state employees came forward saying, we think Microsoft is a good company and we're not going to sell off our 78 million shares of Microsoft.
00:41:56.000In Texas, I think it was Austin or Houston, the Board of Education last year, or about two years ago, Disney had made an objectionable film.
00:42:06.000Austin and the Board of Education said, we're going to divest ourselves of our multi-million dollar holding in Disney.
00:42:12.000And the public's saying, what are you doing with 40, 35 million dollars in Disney?
00:42:17.000You know, the bottom line is, we left the vault door open, and a runaway freight train just started building up more steam, more steam, more momentum, more momentum.
00:42:28.000And it's a law of physics that an object in motion will stay in motion unless acted upon by an equal And formidable force to slow it down.
00:42:39.000And the good point here, Alex, they implemented this program in 1945.
00:42:48.000And in that time period, you'll see the growth within government probably 4, 5, 6, 7, 800% in some cases.
00:42:56.000And they built a phenomenal... Alright, ladies and gentlemen, we're back live.
00:43:00.000We've got Walter Burien on the line with us.
00:43:05.000We're going to recap who Walter Merrion is, how he got involved in this, and exactly what we're talking about, and then launch into some case point examples of this biggest game in town.
00:43:14.000I would suggest that everybody out there tape this show, spread the word.
00:45:36.000We need tax increases if a recession is coming.
00:45:41.000It's all about control when the state of Texas, in their own books, public record, but the media is so controlled, are running gigantic surpluses.
00:45:50.000The state of Texas, all the 50 states, every county, every city, every water district, school districts, they're all in business, ladies and gentlemen.
00:46:03.000What you just said there, I just thought of the perfect story from the past.
00:46:07.000Going back 10 years ago, Jim Florio, when he got elected on his No New Tax platform and then had a $2.8 billion tax increase, he decided to go on a two-week tour of the state every day stopping at a new location talking to the public.
00:46:23.000As the incorporator of Hands Across New Jersey, the largest tax protest group in the state, I managed to get down to his first location.
00:46:32.000It was Pete's Deli in Hamilton Township.
00:46:35.000Now they had arranged for the entire syndicated media to be there.
00:46:38.000ABC was there, CBS, NBC, CNN, 150 reporters, and I sat down with Jim Florio and his wife at the table To have lunch for 45 minutes.
00:47:31.000I said, Governor Florio, myself as a financial advisor, if I had a stock issuance, and I sold 100% of the stock in my company, and I made a $10 million profit this year, and I disclosed to my shareholders I made a $1 million profit, Number one, that's misrepresentation.
00:47:49.000I said, the state of New Jersey is conducting business as usual, doing the exact same thing, and they've enacted statutes to allow them to do what would be totally illegal for a public corporation to do.
00:47:59.000Now, I thought he'd try to skate around a response to that and go off in a different area.
00:48:07.000All the reporters are sitting there up on their toes going, ooh, ooh, ooh, ooh.
00:48:11.000And Florio's response, I did not believe it.
00:48:14.000He looked back at me and said, I know.
00:48:18.000I've been trying to do something about that.
00:48:21.000They never let him out in public again.
00:48:24.000They canceled his entire tour and not one word in the media.
00:50:09.000I'm starting to see a cooperative effort for non-disclosure.
00:50:12.000I then ask myself the next logical question.
00:50:14.000How much is the syndicated media making from composite government sources?
00:50:21.000You know, up front you would think of federal grants, public education grants for media broadcasting, service commercials, city, county, state, federal.
00:50:34.000That was a substantial portion of the syndicated media's income.
00:50:37.000But then, Realizing that composite government funds own the primary shares of major Fortune 500 companies, such as Xerox, over 78%, Motorola in the 60s, IBM, AT&T.
00:50:53.000They own that stock, and through the proxy votes, through the investment managers, they can exercise demands over those corporations on who to use on the marketing campaigns and the advertising.
00:51:06.000So they can direct more money to the syndicated media.
00:51:08.000And this is why when we watch ABC, CBS, NBC, they have the same story, with the same talking head looking the same, with the same advertisers in the exact same order every night, because they give us three different brands of the same slavery.
00:51:24.000Ladies and gentlemen, this is not speculation.
00:51:28.000I have in my hot little hands The Comprehensive Annual Financial Report for Texas for 1999.
00:51:36.000Now, Walter, you, almost a year ago, when we first talked live on the radio, and you've talked to about 40 million people since you've gotten your disclosure.
00:51:47.000I'm going to go through all of that, you know, bringing all this forward.
00:51:52.000You said, get Comprehensive Annual Financial Report from 1998 and before, because you said that now, because of your disclosure, They are starting to even try to water those down.
00:52:05.000My 98 one clearly says $435 billion surplus.
00:52:12.000That is just the cream off the profits of their investments, not even all their investments.
00:52:16.000And now it's only got $60 something billion.
00:53:02.000How are they manipulating the coverage of annual financial reports because the news is starting to get out?
00:53:06.000How are they now cooking these books, too?
00:53:08.000When I came up with disclosure, originally, in 1999 and prior, it was required to show all investment revenue, all income, So that's like saying, again, back to a budgetary manipulation.
00:53:18.000combined financial columns as of ninety nine
00:53:22.000the changed it to showing all investment revenue all income all all revenue coming in
00:53:30.000necessary to meet obligation the big difference
00:53:36.000so that's like saying again back to a budgetary manipulation i need
00:53:40.000five-hundred dollars a week to run my household so
00:53:43.000i make my budget five hundred everybody focused on the five hundred dollars but i'm
00:54:02.000And then I only show her enough of the money, enough of the surplus, to say, oh, I just had this in reserve in case I needed it.
00:54:08.000I'll give you a key example from 10 years ago.
00:54:12.000As I mentioned, education is included in this game.
00:54:17.000Now, in the New Jersey's Comprehensive Annual Financial Report, it showed consolidation of the state universities and colleges under one financial column.
00:54:26.000I noticed right off the bat, they had $8.5 billion in liquid investment funds.
00:54:29.000uh... five billion dollars in liquid investment funds it shows that they made a one point one billion dollar
00:54:47.000My next question in Logical Progression was, I wonder what the total tuitions are paid by all students attending college and universities in New Jersey.
00:55:45.000An example regarding... The health care.
00:55:48.000Oh, that was in Tucson, Arizona, Pima County.
00:55:51.000A couple years back, the health care program citing a shortfall of operating funds said that they're going to have to cut back on services and turn away people unless they had a six million dollar tax increase they were supposedly six million dollars short so they presented to the public for a six million dollar tax increase now you know they forgot to mention they were short six million for the year and the six million dollars would be every year thereafter but the public saying we can't turn away the sick and the elderly voted on the six million dollar tax increase
00:56:26.000Well, a federal auditor, retired of 30 years, he looked at the health care program's financial statement.
00:56:33.000He called me back immediately and said, Walter, they invested in one shot $35 million in the local government investment pool.
00:56:42.000By investing $35 million in the local government investment pool, that's what created the $6 million shortfall in their operating funds.
00:56:51.000If they had not invested $35 million with the local government investment pool, they would have had a $29 million surplus for the year.
00:57:00.000So, again, the classic thing we hear on the local news in Austin, gotta have a massive, you know, $300 million tax increase or bond proposal for the schools, or they'll be shut down.
00:57:11.000Gotta spend all the tax money for Capital Metro, a few hundred million extra a year, or that'll be shut down.
00:57:16.000Uh, we gotta spend a few extra hundred million or there won't be potholes getting filled and emergency radios in the ambulances and fire trucks.
00:57:24.000This is the same thing all over the country.
00:57:28.000The people go, you know, I'm paying a lot of taxes, I'm in the hole, I may have to sell my bass boat.
00:57:33.000I may have to get into the college tuition because all these property taxes and sales taxes and all these other fines and fees, but dammit, we'll do it for the kids, for the old people, you know, for the education, for the potholes, when they had money to pave the streets, literally, in gold.
00:57:52.000And they laughed all the way down to the bank.
00:57:54.000And they laughed all the way down to the bank.
00:57:56.000So boiling it down for the simple minds out there, and I'm not being sardonic, I'm not being, uh, Patronizing to you, condescending, but I have to be honest with some of the viewers.
00:58:08.000They're going, but we got a huge deficit!
00:58:10.000The federal government's got a $4.5 trillion, $500 billion deficit!
00:58:17.000Walter, the numbers I've crunched, from all the government's own sites, on the comprehensive financial report, anybody can go there on the web, federal government, they don't hide this stuff, they just know the media won't cover it, so you won't listen out there.
00:58:30.000They've got this 30-plus trillion dollar cream at the top.
00:58:42.000You talk about Pima County and Tucson, that was just with a hospital fund from the city, where they spend, you know, invests 30-plus million, so they have a budgetary shortfall of 6 million.
00:58:54.000With the federal government, I mean, We hear all the time, well we have this deficit so we gotta tighten our belts, we have to have a tax increase, we can't even have a tax cut.
00:59:06.000That's really what's driving this fraud is people thinking we're in financial trouble when there's really giant surpluses.
00:59:12.000What's driving the fraud is the easy ability to build phenomenal empires just by structuring and implementing it with the public sitting there saying, is there something going on?
01:00:12.000But you said it, and you know, it's funny, I'll have the CEO of Taurus Firearms on, the fourth largest gun manufacturer, and he'll say, I'll say, uh, Mr. Mortensen, are you aware that the United Nations is taking over the gun manufacturers, and that this U.N., uh, that this attack on the Second Amendment is from the U.N.?
01:00:27.000He goes, yes, I've been at State Department meetings.
01:00:31.000This is a major CEO of a hundred million, billion dollar company.
01:00:34.000He says, Alex, he says, he says, uh, it's absolutely amazing.
01:00:42.000He said, they're coming in, and I've been at tables with the U.N.
01:00:47.000at the State Department, with other CEOs, and they say, we're shutting down the gun manufacturers, either you join us and sell out to us, or your business is gone, it's all over for you.
01:00:57.000Andrew Cuomo of HUD, threatening him, threatening all these other CEOs, he said it was organized crime, he said he thought he was in Nazi Germany.
01:01:06.000Then you talk about how in 1946, 1945, same year the U.N.
01:01:10.000is set up in this country, this country runs the New World Order, it's not coming after us, we are it, we're the slaves right inside Rome, that they set up the 1313 patch out of Chicago, same year as they set up the U.N., to formalize and standardize the National Association of Counties, the National Association of Cities, the National Association of Governors, And in 1946, they created the Comprehensive Annual Financial Report.
01:01:36.000And then they created the Comprehensive Annual Financial Report, so it looks normal.
01:01:55.000You know, you have the communism and the socialism publicly being funded by the Rockefellers to consolidate power overseas, where they couldn't take people down, where monarchies wouldn't play ball with them.
01:02:04.000I mean, it's the same thing over and over and over and over and over and over again, and now it's all coming together.
01:02:13.000You talked about how you crunched the numbers of the states with the highest tax rates, the biggest governments, the biggest surpluses, with gun laws.
01:02:37.000Least at one end, most oppressive on the other end.
01:02:40.000I then looked at the states with the most taxes, fines, and fees levied per populace, and the state with the least taxes, fines, and fees levied.
01:03:17.000Well, if you go into a state where, like Vermont or Montana, very low taxation, Least oppressive, even though they're catching up with everybody else.
01:03:34.000You go into a state like New Jersey, where the public is being extorted from any which angle and shape and form, from all areas of government, city, county, and state, and the police and the judicial maximum fines, you have the most stringent gun laws possible in this country.
01:03:54.000With financial slavery, with total governmental slash private fraud, in basic fascist collusion, with this type of development, you're going to have a disarmed population.
01:04:13.000Hence, the United Nations is for gun control, because it was founded by the very banking interests that now run this nation, that run this world, Openly funded by them, the same people that set up Patch 1313 in Chicago to start the National Association of Counties, the National Association of Cities, of Governors, of Mayors, of County Commissioners, to standardize the policies.
01:04:38.000Being that they have already accomplished control and ownership of the wealth of this country from the public, the public now becomes a liability.
01:04:50.000So it is in their interest right now to eliminate a good chunk of the public?
01:05:47.000I mean, folks, the fact is, they have convinced you that the government's in trouble, the state, the local, the water district, they need more money, they need more regulations, they need more taxes, because they're bankrupt.
01:06:01.000When in truth, they own 78% of Xerox, 60% of Motorola, every major traded company, all of the Dow 30.
01:06:57.000Well, in my progression after looking at the state of New Jersey, I looked at the state of New York, and the state of New York had approximately $535 billion.
01:07:05.000And then I got the city of Manhattan's report, which covered the boroughs, Bronx, Brooklyn, Queens, and so forth.
01:07:10.000They had $1.2 trillion, more than the entire state had.
01:07:45.000Well, a county just with derivatives, the most speculatory, dangerous thing in the market, just $1.3 billion, just a county.
01:07:52.000The derivative market, as said by Alex Greenspan several months back, he said he was concerned being that the derivative market was up to $80 trillion.
01:08:01.000And the government is the primary player in the derivative market.
01:08:07.000But Orange County attracted all of this attention.
01:08:10.000Now, one person happened to stumble across Orange County's Comprehensive Annual Finance Report.
01:08:16.000Hey, look, and you saw that they had $16 billion in profitable investments.
01:08:20.000They were only talking about their losing transactions.
01:08:22.000But, but, it, it, they couldn't control the media on that.
01:08:27.000It was out for a while that they lost $1.3 billion in a very speculative area of the market, but they had to have a tax increase and almost went bankrupt, so the people had to pay more, almost like that was done on purpose, when they really had tens of billions of extra that was profitable in the market.
01:08:43.000There's an economist by the name of Anthony Hargis out in California.
01:08:47.000He looks at comprehensive annual finance reports, determines that local government's cash position, and determines how long could they operate, existing from their existing cash, without charging one nickel in taxes, fines, or fees.
01:09:01.000Now in Orange County's case, when they were crying bankruptcy, they could have gone on for another 11.9 years.
01:09:08.000Performing the exact same services without taxing one nickel before they ran out of cash.
01:09:14.000And that's not taking into account that they invested the tens of billions of surplus dollars in that one county and then took out the surplus of that and reinvested it.
01:09:25.000And if they didn't do that, they could have taken it and paid dividends, that's checks, to the property owners.
01:09:32.000Well, the bottom line to cut to the chase is if the public at this point in time unifies with basic comprehension, if you capture 10% of the population with basic comprehension, you can administratively restructure government at this point in time To phase out all forced taxation in this country.
01:10:13.000You think government is bankrupt, in trouble.
01:10:16.000In truth, they are the most opulently rich and controlling Well, the bottom line is, your listeners now know why Gorbachev went Democratic.
01:10:23.000mainstream media won't even begin to talk about it. I want to briefly recap, Walter,
01:10:28.000exactly what we're dealing with here, and then I want to talk about the amazing solutions
01:10:33.000that you and others have and that will actually work.
01:10:36.000Well, the bottom line is your listeners now know why Gorbachev went Democratic.
01:10:41.000People think they're free because they put a lot more weight on their back.
01:10:47.000And you talked about, if the American people were a gerbil, what are we doing right now?
01:10:52.000Well, we used to give the expression, the way the system works is they keep the chipmunk running on the treadmill, chasing the carrot.
01:10:59.000As you trickle down economics, they provide just enough revenue to keep the chipmunk running at optimum proficiency, as they tap off 80% of the energy produced.
01:11:12.000And I also have my own little analogy, and I think I'm going to Put an editorial on the website, or maybe make t-shirts up of it.
01:11:23.000Talking about the massive government, how big it is, what it controls, 70% of the market, 70% of the companies.
01:11:29.000Not to mention... Alex, just one quick notation.
01:11:32.000I noticed 45% of the revenue is invested internationally.
01:11:36.000They get some of the best rates of return on the international companies.
01:11:50.000The government funds are investing with the international corporations, producing the product at 10 cents on the dollar and selling it back at 40 cents on the dollar here in the States, accentuating their profits.
01:12:02.000And we're talking about water districts, counties, cities, the states, the feds, Texas, with a $435 billion surplus every year that keeps getting invested into the trillions.
01:12:12.000And they're telling you that they're broke, ladies and gentlemen.
01:12:16.000Walter, talk about how China and its billion and a quarter slaves fits into all of this.
01:12:31.000Composite government funds, in their notes section, they usually authorize about 10% of the revenue invested with a group called the Asian Development Authority and 10% of the revenue invested with the African Development Authority.
01:12:49.000And if you look at a comprehensive annual financial report, especially on one of the investment pools or one of the large government pension funds, it breaks down exactly Where the money is invested, who's holding what, and the dollar amount.
01:13:06.000Everyone should get a copy of their state retirement fund for the state's employees.
01:13:13.000It breaks down where the money is invested.
01:13:16.000And they'll see the majority in international stocks versus U.S.
01:13:24.000The growth factor is more for international.
01:13:27.000In fact, a lot of retirees and folks out there saying, hey, leave it alone.
01:13:32.000The system may be corrupt, but it's my pension.
01:13:35.000Explain that you have giant surpluses out of the pensions that are being invested that they'll never see.
01:13:41.000Arizona, the total actuarial liability for all state retirees and participants in the plan for being 100% funded, all active employees and retired, required $14.5 billion.
01:13:55.000The current fund balance is verging on an excess of $32 billion.
01:14:00.000The employees will never see that money, and they'll never benefit from it.
01:14:05.000The Arizona legislature a couple of years ago, being that the employers, the cities, the counties, the school districts, and the employees were contributing to something where in no way they should be contributing one dime, and in fact they should have been getting substantial refunds back, They passed their own internal statutes to make the pension fund strictly participatory, requiring a minimum of 2.18% contribution from the employee and the employer.
01:14:32.000So, the government employees are getting shafted in many cases also.
01:14:35.000So, recapping, Walter, again using the example of the Comprehensive Annual Financial Report for... Give me a close shot, guys.
01:15:27.000This is the last one that's out, 1999.
01:15:29.000Why are the reports getting smaller and smaller now that you've been exposing them?
01:15:34.000And how do we get that other information that they're now cutting out of them?
01:15:37.000You have to look at a prior year's comprehensive annual finance report and see where certain areas all of a sudden get clipped or disappear in their entirety.
01:15:45.000And then you have a A lead list to say what happened to these funds, where can I see the accounting?
01:15:49.000And that's all because a successful commodities trader and financial advisor in New Jersey found out that the whole thing is a giant stinking fraud ten years ago and started talking about it three years ago and made a documentary film and has done hundreds of radio interviews.
01:16:07.000Now, suddenly, I remember years ago, Walter, you could call and get one of these pretty quick Sometimes they'll give the runaround.
01:16:15.000You've had a massive effect on others by talking about this.
01:16:25.000Walter, recapping before we talk about the solutions.
01:16:28.000People that have just joined us, explain the difference between budget, budget, budget, and how that's drilled into our head, and the comprehensive annual financial report.
01:16:37.000Explain the fraud to people why this is the biggest game in town.
01:16:40.000The beautiful point here is that being that the government for the last, since 1945, created this structure to take over the wealth, and they were successful.
01:16:51.000So, we're talking $60 trillion in composite liquid investment wealth held by federal and local governments.
01:16:59.000That's a phenomenal increase in 30 years.
01:17:02.000Now, on the composite government pension funds, they generated $4.3 trillion last year.
01:17:09.000Total taxation in this country in 1999 was approximately 3.6 trillion dollars federal and local governments.
01:17:18.000So composite government pension funds generated substantially over a total forced taxation in this country.
01:17:24.000Now can anyone see with simple administrative action restructuring composite government through consolidation of the surpluses into an annuity pension fund set up for the resident property owners and taxpayers Sale of venture and enterprise projects, which government now owns, but they shouldn't, like golf courses, amusement parks, real estate ventures, hotels, sell it back to the private sector where it belongs, that generates a phenomenal amount of revenue for consolidation and into the new pension fund.
01:17:55.000And where overgrowth took place, downsizing, because they're collecting the money to pay for that excessive growth.
01:18:01.000So with downsizing, that revenue becomes available for Yeah, we're about to get to that.
01:18:10.000The solution is $60 trillion in investments and cream and product that just keeps rolling.
01:18:22.000They're militarizing the police against us, treating us like slaves, squeezing us, saying they need more, when they basically already own everything.
01:18:30.000Even your mortgage is predominantly owned by government interest.
01:18:33.000I'd like to use one example, Alex, which is very simple and very basic, but 100% true.
01:18:38.000If every one of your listeners had an 11 and 12 year old boy, and they gave him carte blanche to write their own allowance check each week, and you made $1,200 a week, Within no time, they'd be cutting a check for $1,000 a week.
01:18:51.000And if you told them you were going to cut them back to $800 a week, they'd kick, they'd scream, they'd holler.
01:18:57.000They'd use any logic available to them to justify how an 11 and 12 year old boy could not survive on $800 a week.
01:19:07.000There is no difference here whatsoever.
01:19:09.000You just have bigger boys and sharper players.
01:19:13.000But recapping for those that are just joining us.
01:19:16.000I know you've gone over this a thousand times, Walter.
01:19:19.000The difference between the budget that we always hear about in the press and this big secret, the Comprehensive Annual Financial Report, that all the media and everybody else in the corporations know full well about, because the government is their owners.
01:19:32.000Well, the bottom line is the budget is strictly annual operating expenses, what they're going to spend for the year and what they're going to bring in for the year.
01:19:42.000The expenses for operating government.
01:19:45.000And what they're going to tally and tax the public to perform these functions.
01:19:49.000And people think that the budget is the whole financial universe of government and private industry, but in truth, it is the Comprehensive Annual Financial Report.
01:20:00.000It isn't the second set of books, it is the books.
01:21:52.000I go back to, you now know why Gorbachev won Democratic.
01:21:56.000Talking about these empires, these water districts, these city councils, these county commissioners, how do the politicians and the minions running these little empires, how do they themselves profit out of this scam?
01:22:06.000I'll give you an example from Arizona.
01:22:09.000You have a pie county, there was a border supervisor, a guy by the name of Feldmeier, came into office about nine years ago with a disclosed net worth of about $85,000.
01:22:19.000He's currently up to over $8 million, 10 years later.
01:22:24.000He made most of his money on land transactions.
01:22:27.000His latest venture, he bought about 1,600 acres in Prescott Valley.
01:22:31.000After he biased the property, it was a ranch land with one access road on one side, another access road on the other side, but nothing connecting.
01:22:38.000And one year later, the most beautiful access road goes right through the property.
01:22:44.000Now, the county fairgrounds and racetrack, which was built 100 years ago, Which, uh, was too small to handle the, uh, the need for services.
01:24:40.000Well, the largest investment pool was pension funds.
01:24:43.000And back in 1981, the Feds sent out a transmittal letter to the local governments.
01:24:51.000By the way, there's 85,000 separate corporations in local government.
01:24:56.000They sent out a transmittal letter saying, you and local government have very odd and peculiar rules regarding the management of your pension funds, which keep you restrictive from using such trading vehicles such as derivatives, options, advanced forward currency, transactions, puts, calls.
01:25:11.000This costs you billions of dollars each year.
01:25:15.000CalPERS, which did very well for the California pension funds, have reorganized under a national program, which we recommend you participate with.
01:25:25.000Under this program, you will not be restricted to not using derivatives, futures calls, puts, and options.
01:26:51.000Let's pay 65% of the dues for all the member nations so that they will participate so we can give some kind of validity to this organization.
01:26:59.000We don't care if we give them a loan and they default on it after they pay their dues.
01:27:07.000So here we have the United States boys creating the UN.
01:27:11.000Now they are giving authority to the UN for judicial, administrative, military authority, property, Because the UN is not subject to those two pesky little problems, the Bill of Rights and the Constitution.
01:27:26.000Thus, the boys controlling the show now have a vehicle they can use, the UN, to control the populace of the United States.
01:27:35.000That is exempt from constitutional law and the Bill of Rights.
01:27:39.000And on the screen we're going to put up InfoWars.com that has the Desification Treaty and other details and links directly to Congress at InfoWars.com for folks to check that out.
01:27:51.000And I am building a site with Walter Berrien's information on InfoWars.com about the comprehensive annual financial reports that will be up sometime next week.
01:28:02.000And if you just type in C-A-F-R, CAFR, on into a search engine, you'll get thousands of links to government websites bragging about how much money they have and how much stocks and bonds and how many companies they own.
01:29:11.000Now Walter Burien, give us the solutions of how this problem could be fixed here in the next 10 minutes.
01:29:19.000Well, as I mentioned, I talked to a heavyweight in California and briefed him on the proposal of setting up an annuity pension fund for the resident property owners and taxpayers at a city-level, county-level, and state-level, whereby the surplus revenues are deposited into the venture enterprise projects, which no way government should be owning, are sold back into the private sector, golf courses, the whole nine yards, phenomenal assets, which they should not be owning, and where overgrowth took place, downsizing I'll give you the example of Arizona, 1,000% increase in 15 years in revenue taken.
01:29:54.000With those three areas, you create a phenomenal investment pool of funds under this annuity pension fund for the resident property owners and taxpayers.
01:30:03.000It is written in stone, that principle of operation of this fund.
01:30:09.000You get together with a few financial planners and some of the top investment banking groups to write a prospectus for that city, county, or state.
01:30:16.000Having a guideline for phasing out all forced taxation, and having the local government operate from that fund.
01:30:25.000You have the ability of phasing out all taxation in that city, county, or state, and under good, prudent financial management, providing a surplus there, whereby the local residents and property owners get a dividend return on top of no forced taxation.
01:30:43.000It can be done all across the country.
01:30:46.000What is required at this time is to get a model up on the playing field.
01:30:53.000County would be better, because if you pass it on the county level, every city within that county becomes subject to following the principle of operation of the restructuring, under the authority of the will of the public.
01:31:05.000Now, Walter... And he said, this is a massive structure, Walter.
01:31:12.000And my response was, it's already been done.
01:31:15.000and i want to prevent the public generated four point three trillion last
01:31:19.000year more not for taxation in the country now on the report it back into the solution
01:31:23.000i want to remind people of the fact that not everyone in government is even aware
01:31:30.000of this In a county, in a city at the lower level, who are the players that have to be aware of the full nature of the constructive fraud of this organized crime syndicate?
01:31:39.000Your city manager is going to be aware.
01:31:42.000The treasurer of a state will be aware.
01:31:44.000The auditor general of a state will be aware.
01:31:48.000The investment banking groups, they're quite aware of them.
01:31:51.000The resources are constantly bidding to get the money to manage.
01:31:57.000The best place to look is the Auditor General's office.
01:31:59.000He gets copies of every single report submitted by local government.
01:32:04.000So if the city of Austin is refusing to give locals a copy of their Comprehensive Annual Financial Report saying, huh, what is that?
01:32:41.000Being that you said that, a year and a half ago I got a call from someone in Pennsylvania.
01:32:47.000They said, I just spoke to my congressman, I'm good friends with him, and He never heard of this before, but he's going to look into it, and he said he will definitely take some action on this issue as soon as he finds out about it.
01:32:58.000And I kind of smiled, and I said, I'm going to put you through on a conference call.
01:33:02.000I called the mailroom from the Department of Treasury in Pennsylvania to put out the report, and I just basically said, you know, this congressman, he was like about a four or five term congressman.
01:33:15.000How long has he been getting the report?
01:33:17.000Well, he's had it sent to him for the last eight years.
01:33:21.000We sent it to his office, except for two years ago he was on vacation in the Bahamas and we sent the report to him in the Bahamas because he wanted to get it while he was on vacation.
01:33:30.000So here is the congressman saying to his constituent, I never heard of that before, I'm going to have to look into it.
01:33:36.000And here I confirm to the person that the person has been getting it for eight years.
01:33:39.000And in fact, specially requested the report to be sent to them in the Bahamas.
01:33:42.000Now, we're about to get back into the solution.
01:33:45.000For those who don't know what we're talking about, the budget is one small little thing.
01:33:48.000What government spends in the services, whether it's checkpoints or stealing your children or cramming Ritalin down their throats or actually paving a road like they're supposed to do.
01:33:57.000And they say, if you don't give us all your money, you're not going to have the roads paved, because we're broke.
01:34:01.000When in truth, here in Texas, in 98, $435 billion dollar cream surplus, after everything they'd spent just sitting there.
01:34:11.000When they cry poverty, saying the road has to be improved, we're going to have to have a bond issuance of $150 million dollars to pave this road.
01:34:19.000And I always thought the public was funding that $150 million dollars.
01:34:22.000When I started looking at the revenue flow, They're using their own investment funds to fund their own bond issuances, locking the public in under more debts.
01:34:32.000Now Walter, getting back into solutions, if we had people who could take over a county, and let's say a smaller county that only had, you know, $200 million, $100 million in surplus and investments, Um, how would it work?
01:34:46.000I mean, if you walked around and gave out prospectuses and showed folks, hey, this is the county's real surplus, let's vote in good people, let's get those fraudulent voting machines out of there, with our county clerk here in Austin who's been caught several times doing it, Benedict Dubois, let's get control of the county, How do you?
01:35:02.000Because the people need to know this is real.
01:35:05.000They're taking the money for themselves.
01:35:07.000How do we get the forced taxation phased out and get dividends, checks every month sent to the people with this tens of trillions of dollars they have in surplus?
01:35:16.000Let's use a county that has $100 million in surpluses.
01:35:19.000They have approximately $300 million in venture and enterprise projects, which can be sold back into the private sector.
01:35:26.000Okay, now we're standing with $400 million.
01:36:08.000And as the fund grows, say for example you're coming up with a surplus, you keep a certain amount of your surplus and let it grow.
01:36:18.000And you can actually get a quite a nice little dividend check back if you have prudent financial management within that local government.
01:36:24.000And we're standing at a crossroad, Alex.
01:36:33.000We have a runaway freight train, and if it continues on its current course, we're standing facing a thousand years of subserviency and subjugation.
01:36:47.000Yeah, these empires are militarizing, building prisons, county cities, the feds here in Austin, the states, they just built a 93 million dollar justice center, you can't get into it, the stairs aren't for your use, there's one elevator, lines of people, cops with submachine guns, black uniforms, combat boots, barbed wire, prisons everywhere, armored personnel carriers, cameras, microphones hanging out of the trees, They're militarizing against us, and why are they doing that?
01:37:46.000And currently, right now, I hear people screaming all over the country, they're being raped financially, losing their houses, their jobs, everything else, and being threatened with being put in jail if they don't pay the extortion tariff.
01:38:01.000Yeah, I know people in South Austin who are retired, who have like maybe $30,000 in the bank they saved, they have nothing, they have one old car that barely works, and the IRS says, You owe us money.
01:38:22.000Well, we gotta, you know, pave the roads and gotta have defense.
01:38:26.000Well, the course and the road right now, the other path is a thousand years of prosperity.
01:38:31.000You know, the true meaning of the word millennium, we're at a crossroads.
01:38:35.000We either go on to total subjugation or we go on to total independence.
01:38:40.000We're telling you that they didn't have any money.
01:38:42.000They were telling you that there was a small surplus, and we have this big phony fight over who would get little bits and pieces out of it.
01:38:50.000I mean, ladies and gentlemen, they're taking over.
01:38:57.000You'll get the government's own sites everywhere.
01:39:00.000What is essential at this point in time, Alex, is to get a model up on the playing field.
01:39:04.000Once the model is up, by example, The game is over.
01:39:08.000So get a city or county, preferably a county, to do it.
01:39:11.000Show people taxation phased out in three years.
01:39:14.000Show people with surpluses on top of that.
01:39:16.000Show them the fraud, that they really own everything, and that we supposedly own this country, and that everybody else will follow suit if not we're enslaved.
01:39:48.000Everybody's got to tighten their belt.
01:39:50.000Well, here is a former Treasury agent, Joe Bannister.
01:39:54.000In the last two years, Mr. Bannister has gone public on national television, in the newspapers, you name it, about how the IRS is a collection agency for the private run-for-profit Federal Reserve that's, well, running this whole comprehensive annual financial report scam that we've just exposed.
01:40:13.000Oh yes, ladies and gentlemen, more and more Americans are fighting this and coming out against the developments.
01:41:37.000I worked in public accounting, and I decided that I wanted a little more excitement.
01:41:42.000And I decided to become a law enforcement officer in the federal government.
01:41:47.000Well, the Internal Revenue Service's job is to collect income taxes and some excise taxes.
01:41:55.000And the Criminal Investigation Division, of which I was a part, investigates criminal violations of those tax laws.
01:42:04.000And when did you start to, well, tell us how it all began.
01:42:07.000What made you first want to investigate the Internal Revenue Code yourself and not just take the manuals and the codes that you used when investigating tax evaders?
01:42:20.000Well, in December of 1996 I was listening to the radio here in the Bay Area and I heard a lady named D.V.
01:42:27.000Kidd come on the radio and she Started saying some very unbelievable things like the income tax was voluntary that the 16th amendment was never ratified and that the the federal income taxes don't go towards providing revenue for the US government and I thought those claims were awfully outrageous, but she was talking about it on a radio show hosted by a man who I trusted and
01:42:56.000And that made me want to dig deeper and see what it was she was saying and what evidence she had to back it up.
01:43:14.000So I, basically my investigation ended right about the time I was forced to resign.
01:43:20.000Can you tell us that story and also get into some of the things that you uncovered that are historical?
01:43:26.000Well, I'd say after a good year, year and a half, I basically in my mind came to the realization that all her claims were correct.
01:43:37.000That in fact the income tax was voluntary.
01:43:40.000Although it sounds kind of strange to be saying that because we all know that people go to prison, they lose their homes, they have their wages garnished.
01:43:49.000But the reason that the IRS constantly refers to the income tax as being voluntary is because of our U.S.
01:44:00.000Constitution and the severe limitations that are placed on the federal government's ability to tax us.
01:44:08.000There are only certain forms of constitutional taxation.
01:44:12.000Our income taxes do not, you know, provide revenue as I always believed they did.
01:44:17.000It's more like a cash advance type system where the federal government borrows fiat money from the Federal Reserve and then our income taxes are used as a vehicle to pay interest on that debt.
01:44:32.000Well, the printing of the money, another thing that I found out, which totally surprised me, was that they print the money and there's no value to it,
01:44:43.000and they in a sense print it out of nothing.
01:44:46.000They make it out of nothing, simply because they have the power to force us to use the
01:45:05.000But it's still rare in the IRS, Mr. Bannister, for somebody to actually pull back and see this.
01:45:10.000What was it like, let's say, a year into your studies?
01:45:13.000Because you say you studied for about two years before you finally made your decision with the evidence.
01:45:16.000What was it like about a year into it?
01:45:19.000It was very difficult, because I took the job thinking that I could use my financial skills to fight crime, go after the bad guys, and I did.
01:45:29.000Money launderers, drug smugglers, one particular case was even featured on America's Most Wanted, so I was really enjoying myself.
01:45:38.000So it really shook my belief system to its very foundations, and it was really very difficult for me to continue Doing the job and Excelling at it because my my mental state was it was difficult, you know to go to work every day Even though I wasn't daily, you know arresting Tax evaders or people that didn't file tax returns.
01:46:04.000I wasn't personally doing that but I still just felt really It was very difficult to just go through the day-to-day process of the job knowing what I was finding out.
01:46:15.000Because you found out that you were putting people in jail for something that the very system itself was doing?
01:46:20.000At least the agency as a whole was doing that and I felt that sooner or later I needed to start speaking out publicly because I felt, you know, clearly attacks can only be voluntary or mandatory and if it is voluntary then it is wrong and illegal to Prosecute, harass, seize money from people who don't volunteer.
01:46:44.000They throw this fiat money out there, we take the money up, and correct me if I'm wrong, we put labor into it, we work to attain it, and thus they steal our labor.
01:46:56.000I mean for quite some time I'd hear D.V.
01:47:00.000Kidd talking about You know, the Federal Reserve, and how we're slaves, and I didn't really understand what she meant, but when you really spend a little time and educate yourself on the way the process works, it's really very simple economics, and I don't have an economics degree or anything like that, but you can eventually see that when the source of the money supply is a bank, and the destination of the money supply is a bank,
01:47:31.000And the controller of the money supply is the bank and the interest rates.
01:47:37.000You basically have no... You can't get out of the slavery.
01:47:41.000You can't get out of the constantly increasing supply of money, which is another thing I noticed and never really thought about, is that although they constantly will tell you that we're trying to keep inflation under control, we're trying to minimize it, minimize the effects of it, If you look at it over a period of decades, it's always going up.
01:48:22.000Well again, it's economic slavery and it's something that It took me until the age of 35 to go out and do my own personal investigation to understand how it works.
01:48:34.000I never learned it at the university, didn't learn it on the CPA exam, didn't learn it in the big A accounting firm, and certainly didn't learn it at the IRS.
01:48:54.000I had to go out and learn it on my own.
01:48:56.000And luckily, DV Kid was on a radio station that I gave some credibility to.
01:49:01.000If I had heard her just on a street corner or at a meeting somewhere, I probably would have just kept on walking.
01:49:07.000I mean, just basically, is there anything you want to say to the people in Austin, Texas, Central Texas, people that tape this show and send it out to friends and family as well?
01:49:15.000I guess the only thing I would say is I've seen evidence of an orchestrated campaign of painting a broad brush over people like Alex who really are telling you the truth and I was one of those people that thought these were all kooky ideas but I've come to realize that they are very true and very serious and I'm very afraid for my own Uh, family, uh, our own, uh, American's ability to make a living, to have a country that has a manufacturing base, uh, to have a future.
01:49:56.000Uh, our country is close to being destroyed economically through the banking and monetary system, and it's about time that people realize that they're being lied to, and they should start listening, uh, to people like Alex, because he is telling you the truth.
01:50:15.000Then what happened when you tried to show this to your superiors?
01:50:20.000Well, there came a point when I realized that what I had to do was consolidate all of my evidence and facts into a central location, so I decided to write a report.
01:50:35.000And it's very similar to what I do in the Treasury Department, which was I'd investigate an allegation, I'd go out and interview witnesses, gather evidence, gather documents, follow the paper trail, and then summarize all that evidence and present a report to my superiors, which would either recommend that the person be prosecuted, or recommend that the investigation be discontinued because there was not enough evidence to sustain a prosecution.
01:51:05.000So I put that evidence together and I submitted it to my immediate superior and I asked that it be submitted right up the chain to Commissioner Rosati.
01:51:17.000I realized that what I was doing was going to rock the boat quite a bit, but I also knew that I had checked every one of these facts out and was over 100% certain of my findings.
01:51:33.000On February 8th of 1999 is actually the day that I submitted my report and I asked that the commissioner or his designee commit in writing within 30 days to review my report.
01:52:20.000That's where Rossetti, his office is, as well as the Assistant Commissioner for Criminal Investigation.
01:52:26.000And I was told that my report not only went to Constitution Avenue, but at a minimum, the Assistant Commissioner for Criminal Investigation was aware of my report and the basics for what I was presenting.
01:52:37.000I believe that your report went right to Alan Greenspan.
01:53:04.000What would you say, before we finish the story, what would you say to the other IRS agents and the other law enforcement out there about this?
01:53:10.000I mean, you've taken a real risk here in what you've done.
01:53:13.000I'm taking an incredible risk, but I believe that the risk of doing nothing is even worse.
01:53:21.000What federal law enforcement officers need to realize, as well as every state and local officer, is that the laws that the IRS agents If somebody is being prosecuted for failing to file a tax return and they have done the research and found that there is no requirement to file a tax return
01:53:48.000Then I feel it's morally and legally wrong, you know, for that person to be pursued, investigated, and prosecuted.
01:53:56.000You're saying it's color of law is what's being used?
01:53:59.000The whole thing's run out of ignorance.
01:54:02.000People just don't know, they really think.
01:54:04.000Look at those kooks, those weirdos, those liars, until you investigate.
01:54:07.000That's right, and I feel bad that I spent time thinking those things but it was out of ignorance and now that I've researched and found that a lot of what a lot of those claims are actually true my hope is that law enforcement people will start trusting citizens more than they have and the citizens hopefully when they see more law enforcement officers being honorable about about these issues will start to trust law enforcement again and we can get back to a country where
01:54:39.000There's a lot of trust between the government and the governed because it's only with the consent of the governed that the government exists.
01:54:48.000I'm trying to hope that you guys can tune out from the sports and the bedlam and the diversions for just five minutes and realize what we're trying to tell you here.
01:55:04.000Let it go to the defense of this nation.
01:55:06.000Let it be honest and based in a strong, good nation.
01:55:10.000But if it's going to private banks, and they feed it back into the cycle of slavery, and there's no way to get out of this debt pit... In fact, as an accountant, Mr. Bannister, explain the whole debt pit.
01:55:19.000I mean, explain how there's no way to dig yourself out of this fiat system.
01:55:25.000I mean, you basically said it right there.
01:55:40.000It's literally, as you work, you keep hoping For the day that that debt is paid off and you are free, but it'll never come with the system as it stands.
01:55:50.000I mean, I remember agents going to so-called tax protester meetings as, you know, to get intelligence and find out what's going on.
01:55:59.000And I remember them coming back and laughing at, you know, the kooky stuff that they were talking about.
01:56:04.000And, you know, so that was just the general feeling that had been inculcated into people's minds.
01:56:14.000And it took me a couple years to find out, but in fact... Now that's right, you talked about D.B.
01:56:20.000Kidd and other writers and her pamphlets and the executive orders they listed and the laws, the case law.
01:56:26.000What happened that first time whenever you went to the law library?
01:56:30.000Because you told that story on the radio, I thought it was interesting.
01:56:33.000I expected to find that it was all baloney.
01:56:36.000That they referred to court cases that didn't exist, or they took court cases out of context.
01:56:43.000And I found that every court case that she referred to, or any of the people that she had in her book list referred to, were correct, and they were right in the law library.
01:56:55.000And what type, I mean, how did that make you feel?
01:56:59.000Yeah, because I, you know, I had been taught, or at least led to believe, that I would immediately find the error of the evidence, that it wouldn't be there.
01:57:10.000They actually told you these guys are nothing but liars, you can't trust them.
01:57:15.000There's no sense in even looking into it because it's, you know, a bunch of useless, out-of-context arguments that have been strung together and they don't make any sense.
01:57:25.000Mr. Bannister, have you got any calls since you've gone public with doing all these radio and magazine interviews?
01:57:29.000Have you got any calls back from the IRS?
01:57:33.000No, but I do have a lot of support within the IRS.
01:57:37.000Like I said, there's a lot of good people in there and they are supportive of me.
01:57:42.000Of course, there's some that don't understand, but I haven't read any of the evidence either.
01:58:43.000The thing about Jack is he's got a little saying that tyranny will come to your door in a uniform and I can't think of a more true statement and especially coming from me who kicked down a lot of doors and did a lot of search warrants and searched through a lot of drawers and files and under beds and That's exactly how tyranny will come to your home, is in a uniform, or with a bulletproof vest on, or with a 6-hour 9mm as I carried.
01:59:18.000And again, it's up to you guys out there in America, the police, the SWAT team commanders.
01:59:25.000You ought to ask yourselves, is it the crack dealer on the corner?
01:59:29.000Or is it the white-collar criminal that you're worried about?
01:59:31.000The guy that's selling old ladies junk bonds?
01:59:35.000Or is it just the family that can't put the kids through school?
01:59:39.000Because of the federal income tax that goes right to the Federal Reserve.
02:00:04.000I mean, the number of times that you see the word voluntary in the IRS manuals and in their pamphlets and booklets and instructions, I found it to be incredible.
02:00:49.000Kidd, Bill Benson, Bill Conklin, Jack McLam and many, many others are fine people and they really have seen some very ugly, the very ugly underside of certain portions of our government.
02:01:06.000And I'm not anti-government, I'm not anti-tax, Alex is not, none of the people are.
02:01:15.000They are anti-corruption though, and I'm anti-corruption.
02:02:12.000You can get all the information that was inside his brief that he wrote to his superiors, pretty much calling for a criminal investigation of the system.
02:02:22.000My website is www.freedomabovefortune.com.
02:02:26.000That's all one word, freedomabovefortune.com.
02:02:29.000Freedom above Since we first interviewed Mr. Bannister, again, he's been in USA Today, C-SPAN, and as we're making this tape, 60 Minutes is getting ready to do a hit piece on him.
02:02:44.000And three other high-level criminal investigators from the IRS have quit, and the numbers are only growing of those that are leaving but not going public.
02:03:08.000You now know the truth about the Comprehensive Annual Financial Reports and the fact that county, city, state, and federal governments are creating giant, armed, compound empires against us.
02:03:19.000They own over 70% of the stock market, and they keep sucking the money back out of us that they create with fiat, stealing our labor, our homes, dumbing down our children.
02:03:28.000There's 80 million gun owners in this country.
02:03:31.000They're pushing right now to disarm us.
02:03:33.000We have to refuse to become disarmed serfs in this country, or the tyranny is going to get really bad.
02:03:39.000This so-called war on terrorism is really a war on free individuals, no matter whether you're black or white, young or old.
02:03:46.000This is a fight against dehumanization, ladies and gentlemen.
02:03:49.000Make copies of this tape, spread this information, check it out for yourself.