The CAFR SWINDLE: The Biggest Game in Town – (Double Booking, the Illusion of a ‘legitimate budget’)

~@ Gov reports ONLY show debits but NEVER report credits – giving the illusion that all money is spent as appropriated …. Video is only 10 minutes and a very quick lesson in truth… To accompany that is an article by Anna von Reitz

Published on Sep 3, 2012

Taxes are no longer necessary. This video exposes a deliberate and massive swindle that is perpetrated by every government agency from your local school district all the way up to the Federal government.
This is the second Version of this expose’ on public finance. Similar to first version, but incorporating input from Walter Burien and Clint Richardson.
See their sites for much more info:


The Legacy of Easy Eddie ….. Or, Stop Being Stupid
By Anna Von Reitz

Al Capone’s bookkeeper was a very talented and engaging young accountant named
Easy Eddie O’Hare. Easy Eddie gave us O’Hare International Airport in Chicago,
thanks to his war hero son. And he gave us the system of accounting that he
designed for Big Al, via the FBI and IRS, and later adopted by the Government
Accounting Office in 1946.
This is officially called “Double Entry Accrual Bookkeeping” or more commonly,
“keeping two sets of books”.
The IRS and FBI found out about this nifty trick accounting when they were
investigating —- and prosecuting —- Al Capone. They liked it so much that the
“Government of the United States” officially adopted it following the Second World
The concept is simple. Split the “streams of income” into budgeted and nonbudgeted
categories. Then present only the budgeted amount for public notice and
discussion. People will naturally assume that the budgeted amount is all there is and
not ask about the non-budgeted income—-which becomes a giant secret slush fund.
That’s what happens every year at every level of government. A budget is proposed
and seconded and everyone gives all their attention to the amount budgeted and
everyone assumes that that is all there is to discuss, the only money available.
But let’s pretend you are a miser, and even though you have 20 million in income
every year, you decide to live on $50,000….. over the course of the year, you have
to spend $55,000, which gives you a “five thousand dollar deficit” to moan about. If
people don’t know you have all the rest of your untouched fortune sitting in the
bank, they will feel sorry for you and assume that you are in financial difficulty
because of this “budget deficit”. Fooled by your false “dilemma” people might even
be willing to let you tax them some more.
It’s the same way with the poor-mouthing rats in DC and in your state capitols, too.
They talk endlessly about budget deficits, but never a whisper about what is actually
in the bank or investment house being played with by politicians and their buddies,
the (slush) fund managers.
In the same way they talk about “The National Debt” and seek to give people the
idea that there is some gigantic, overwhelming $20 trillion dollar debt hanging over
our heads—– when in fact, in a fiat debt-credit monetary system— no such thing is
possible. Any “National Debt” is instantly offset by an answering “National Credit”.
So all that palaver about “The National Debt” is just Shinola, and that big automated
screen with the rapidly moving numbers counting up “The National Debt”? More
And the truly interesting question is—- how are they endeavoring to hide or deny
the existence of the National Credit? Who is trying to steal it?
All this “creative accounting” going on in the State Capitols and in DC has reached a
fever pitch, but more and more people are waking up and asking the embarrassing
questions, such as—- why aren’t you replenishing the Social Security Trust
There is plenty of money to do it, socked away in Public Employee Pension Funds and
Public Employee Association Investment Funds and “External Investments Funds”
and “Mental Health Trust Funds” and every other kind of speciously labeled fund
name and title you can imagine.
And there is more money rat-holed away as unspent obligations and
apportionments—- money that Congress and various “State of _____Legislatures”
set aside from the public purse in prior year budgets and never actually spent, so
that these allocations just sit there for years and years gathering interest. More
slush on top of slush.
These are commonly called “Internal Investment Funds” because they came out of
budgeted money, while “External Investment Funds” are derived from unbudgeted
slush fund income and income streams that never see the light of day.
The take home message to you is to stop being stupid. Ask the hard questions—
let’s see the accounting, boys? The real stuff. All of it.
Stop believing this tripe about “National Debts” that aren’t offset by “National
Stop listening to this bull poopy about “budget deficits” and stop feeling sorry for the
poor-mouthing politicians who are just setting you up to steal more of your money.
Obviously, for the rats to be able to track their own slush funds and to make sure all
the kick-backs are working properly, there has to be a real accounting
somewhere—- and a few years back, a mild-mannered commodities broker from
Arizona found it all buried in what the various units of government call The
Comprehensive Annual Financial Report.
Thanks to this one man, Walter Burien, and to accountants who actually knew Easy
Eddie, we now know the truth. And so do you.
So stop debating, discussing or even thinking about ‘how to meet’ any ‘budget
deficit’ and start asking instead — where’s the money, honey?

MORE from Anna von Reitz on Stop being Stupid

440. The Old World Order, Or, Stop Being Stupid Part Two

Two Constitutions in the United States. 1st was illegally suspended in favor of a Vatican “Crown” corporation in 1871

441. About “Targeted” People and Weather Warfare, Or, Stop Being Stupid Part 3

442. The Only Adult in the Room…. Or, Stop Being Stupid Part 4

443. Divide and Conquer….Or, Stop Being Stupid Part 5

444. Who Benefits?…..Or, Stop Being Stupid Part 6

445. Answer to Milt Farrow, Or, Stop Being Stupid Part Seven

446. Chinese Gold, Or, Stop Being Stupid Part 8

447. American Civil War, Or, Stop Being Stupid Part 9

448. Woe to Babylon, Or, Stop Being Stupid Part 10

449. States of States, Or, Stop Being Stupid Part 11

450. New Year’s Eve 2016 Greeting

451. US v. Federal Districts, Or, Stop Being Stupid Part 12

452. The Trading Companies, Or, Stop Being Stupid Part 13

453. Fast Forward, Or, Stop Being Stupid Part 14



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