Walter Burien: The Only Game In Town


Thankfully, my esteemed mentor, teacher, and friend has released his documentary free for public consumption.

He asks to only link the video, not copy, as the DVD will be for sale soon.

Please support him if you can at his website:

CAFR1.COM

.

–Clint Richardson (realitybloger.wordpress.com)
–October 1, 2011

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The Corporation Nation 3 – Ron Paul And The Federal Reserve


I get the impression that this presentation might make more enemies than friends. Pointing out these things about Ron Paul is a long time coming. And the truth often hurts.

But not telling the truth and going against popular “opinion” is the true measure of a man.

Have you read the Federal Reserve Act?

Did you know that the “dollar” is actually partially backed by many millions of ounces gold?

Do you want to know the truth?

Or are you more comfortable thinking about the bank that is the Federal Reserve as a monster and not just a bank?

I’m betting that 99% of those who wish to end the Fed have no idea what it actually is, and have never even taken a glimpse at the CAFR or the Federal Reserve Act.

Well here it is…

–Clint Richardson (realitybloger.wordpress.com)
–Sunday, October 30, 2011

THE GREAT PENSION FUND HOAX – The Corporation Nation Part 2


Finally, Part 2 of the Corporation Nation is complete and posted.

This episode: The Great Pension Fund Hoax!

This is an in depth, four hour presentation of documentary evidence from the CAFR reports of government. A shorter version is in the works.

Also, please check out my new website:

clint4p.com

.

–Clint Richardson (realitybloger.wordpress.com)
–Thursday, July 14, 2011

 

CAFR Confession


A friend and listener to our local AM station took our interview with the mayor of Salt Lake County, where he admits to the county CAFR and over $650 million in extra fund balances. He also included the CAFR pages I read from as reference.

Though I already posted the interview (audio only), I feel like this is the most important public official confession as to the wealth of the government as shown in government’s financial statements.

Please pass this on…

Also, learn more about government Comprehensive Annual Financial Reports (CAFR’s) with CAFR School, here:

Part 1: The State of Wisconsin CAFR –

https://realitybloger.wordpress.com/2011/03/01/wisconsins-real-financial-situation-explained/

Part 2: Introduction to CAFR – City of Aurora, Co –

https://realitybloger.wordpress.com/2011/03/03/cafr-school-a-lesson-in-financial-accounting/

Part 3: Advanced study – State of Minnesota CAFR –

https://realitybloger.wordpress.com/2011/03/09/cafr-school-part-2-minnesotas-state-cafrs-explained/

Now compare these to your own local, county state, and school district CAFR’s.

.

–Clint Richardson (realitybloger.wordpress.com)
–Tuesday, July 12, 2011

 

 

 

 

Special Districts And Service Areas


A look into the third layer of government called special districts:

Salt Lake County has transferred all patrol and investigation services of the Sheriff’s office to a district, giving up his control and autonomy over these men. And they are no longer lawful Sheriff’s Deputies, and instead have been transferred to become municipal district police of the county.

The Sheriff’s Department was officially dissolved on January 1, 2010.

The Sheriff was appointed Chief Executive Officer of this district, while still being the elected Sheriff, wearing two contradicting hats.

This is happening everywhere… this is the Federalization of Police and Fire.

-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-

On June 7th, 2011, the Salt Lake County Council held the first of several “Police Funding” public meetings regarding the “Police Protection Fee” for the purpose of funding the newly formed police district called the “Unified Police Department”.

Instead of an official forum, we found a sales pitch costing many $10’s of thousands of dollars in taxpayer money, with the purpose of selling a property tax increase to pay for the new district, despite continuing to pay the same taxes we always have.

I was so upset that I checked out the library conference room next door and invited the disappointed people to come listen to what is really going on…

And many people came…

.

–Clint Richardson (realitybloger.wordpress.com)
Tuesday, June 28, 2011

Government’s Conflict Of Interest


As I was going through my emails, I got yet another request from someone who wanted me to sign a petition to send to my political “representative” in office, asking politely to stop funding big oil companies. I sighed in disillusionment, trying to think of a way to make people understand that this form of political action is absolutely useless in a corporate government.

I am so saddened as of late that these types of “petitions” are the focus of so much wasted energy. Writing, calling, and even worse… emailing your “representative” in this kind of futile effort is the worst part of our mutually controlled opposition. The sense of satisfaction and patriotism that is felt by these actions is indeed exactly the desired effect of these actions. They accomplish nothing, and yet makes whole groups feel a sense of accomplishment. A petition has NO legal jurisdiction. A letter is scanned and then filed in the trash, while emails are dumped into a folder on a digital archive never to be seen again.

What a game we play – pawns moving around exactly as we are lead, never changing anything, begging our masters to do what’s right and to start representing us. It’s pathetic!

Don’t you understand? The government owns Exxon Mobile. It has controlling stock interest in the company. It owns British Petroleum, Chevron, and any other petroleum based companies you can think of. If it didn’t have a major or controlling financial interest in BP, that gulf oil spill would have been immediately cleaned up! It wouldn’t have cost the government anything to force this corporation to clean up its mess.

Don’t you Understand? Of course the government gives billions and billions in R&D grants to Pharmaceuticals and medical companies. Government owns those as well, both national and international. It hands these subsidies to these companies because it is profitable for government!!! It must do this to justify its tax collections.

Don’t you understand? They wont stop giving their own profitable businesses subsidies (taxpayer money) just because you say pretty please. They wont stop making a profit to save a few square miles of farmland or housing. And they certainly wont change anything just because a bunch of pussified patriots sign a piece of paper demanding it.

And so, I have compiled this list of just the New York State Retirement Fund’s holdings in Pharmaceuticals, oil companies, the media, and other industries. This is only one out of over 200,000 governments, Federal, state, and local. And if just one single government owns this much in these companies, the answers to the following questions should be as clear as day… government owns and profits from these corporations, and passes the laws which regulate them and to guarantee those profits, regardless of what the public wants. The answer to all questions is simple… it’s just business.

Why are pharmaceuticals and medical companies out of control and killing people? Why is cancer the number one most profitable business, despite proven cures? Why are vaccines soon to be mandatory without one shred of evidence as to them being medically sound? Why are banks allowed to charge practically unlimited interest despite usury laws? Why are banks allowed to foreclose on millions and millions of homes? Why are banks allowed to ignore state laws in lieu of federal laws? Why are products made in China all over the stinking place? Why are dangerous and poisonous products being imported into America? Why is the American market so saturated with foreign products? Why was Exxon and BP not required to clean up their historical oil spills? Why is oil still being used when such vast and wonderful alternatives are all around us? Why is the media lying and misinforming us at every turn, supporting government in every way?

All of these questions are answered by this simple realization…

Government owns it all!!!

Government is in a direct conflict of interest by being major majority shareholder (owner) of all significant corporations, both foreign and domestic.

The following is the New York Pension System holdings in major corporations around the world in 2009. This incomplete list and a 2010 list can be downloaded here:

http://www.osc.state.ny.us/retire/about_us/annual_report_2010/index.php

I challenge you to find a company this government doesn’t own stock in!

-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=

Company                                   # of shares            Market Value 2009

–Oil and Energy–

Exxon Mobil Corp                           18,125,534              1,234,348,865
Chevron Corp                                    7,698,784                  517,666,219
ConocoPhillips                                 6,003,030                 235,078,655
Schlumberger Ltd                            4,624,733                  187,856,654
BP plc – Sponsored ADR                   202,055                      8,102,406
Royal Dutch Shell plc – A                1,816,523                   40,904,335
Royal Dutch Shell plc – A               2,842,162                   63,886,007
Royal Dutch Shell plc – A                    84,900                      3,761,070
Royal Dutch Shell plc – B                     35,812                       1,561,761
Royal Dutch Shell plc – B                1,553,412                   34,088,987
American Electric Power Co Inc    1,785,207                   45,094,329
PG&E Corp                                         1,249,975                    47,774,045
Questar Corp                                        802,950                   23,630,819
Occidental Petroleum Corp             2,913,414                  162,131,489
Walter Energy Inc                                188,400                    4,308,708
Rio Tinto Ltd                                         136,488                     5,364,638
Rio Tinto plc                                          352,517                    11,874,086
Praxair Inc                                           1,153,745                   77,635,501
Marathon Oil Corp                           2,683,221                   70,541,880
Southwest Gas Corp                            129,220                     2,722,665
Southwestern Energy Company    1,532,452                   45,498,500
National Oilwell Varco Inc             1,757,094                   50,446,169
National Fuel Gas Company             290,140                     8,898,594
Murphy Oil Corp                                 849,129                    38,015,505
Petro-Canada                                        315,730                     8,499,603
Petro-Canada                                         49,900                      1,326,342
Petrohawk Energy Corp                       60,100                       1,155,723
Petrol Ofisi A.S.                                   268,128                          612,205
Petroleo Brasileiro – ADR                     2,330                            70,995
Petroleo Brasileiro S.A. – ADR          88,940                      2,179,030
El Paso Corp                                     2,900,913                    18,130,706
El Paso Electric Company                 104,540                      1,472,969
Petroleum Development Corp            32,465                         383,412
Petroplus Holdings AG                       118,882                     1,673,894
Petroquest Energy Inc                         88,900                         213,360
FirstEnergy Corp                               1,146,792                   44,266,171
Diamond Offshore Drilling Inc         324,678                  20,409,259
Frontier Oil Corp                                  721,302                     9,225,453
Forest Laboratories Inc                   1,580,235                   34,701,961
Forest Oil Corp                                     367,300                    4,829,995
Gulfmark Offshore Inc                         28,900                        689,554
Gulfport Energy Corp                            11,000                          25,520
Gas Natural SDG                                   116,361                     1,589,728
OGE Energy Corp                                385,853                      9,191,018
Oil & Natural Gas Corp Ltd                547,011                      8,411,905
Oil Search Ltd                                    2,186,952                    7,992,540
Cairn Energy plc                                   475,999                  14,839,441
Oil States International Inc               188,040                    2,523,497
Electricite De France (EDF)              505,068                  19,805,545
Gaz De France                                       863,514                  29,636,703
Scottish & Southern Energy plc          511,473                    8,130,299
Tokyo Electric Power Company         359,150                    8,945,115
Tokyo Electron Ltd                               363,650                  13,401,701
Tokyo Gas Company                         2,375,746                    8,298,394
China Petroleum Chemical             3,982,000                   2,548,480
China Power Int Dvlp Ltd               6,012,000                     1,194,643
China Coal Energy Company             416,000                       307,035
China Oilfield Services                        212,000                        167,685
China Shenhua Energy Co                  341,000                       768,240
Chiyoda Chemical Engineering         935,400                    4,962,535
Chubu Electric Power Co Inc              241,917                     5,314,973
Shanghai Electric Grp Co Ltd      12,052,000                    3,467,866
Shinsei Bank Ltd                               1,450,154                      1,453,531
Nissan Chemical Industries Ltd          41,500                        344,958
China Coal Energy Company – H     416,000                        307,035
Hong Kong & China Gas Co Ltd    5,485,330                     8,649,127
Hong Kong Electric Holds Ltd      3,200,500                   18,996,516
Mitsubishi Electric Corp                 3,036,548                   13,557,939
Mitsubishi Gas Chemical CO Inc          4,000                          17,009

–Automobile Industry–

General Motors Corp                       1,869,290                    3,626,423
Ford Motor Company                      7,547,012                   19,848,642
Toyota Motor Company                  1,764,412                    55,735,197
Toyota Industries Corp                       177,163                      3,757,786
Toyota Tsusho Corp                           143,200                       1,371,542
Honda Motor – ADR                         188,000                     4,455,600
Honda Motor Company                 1,297,926                    30,421,167
Mazda Motor Corp                             715,000                       1,187,203
Nissan Motors Japanese Ord       4,282,864                     15,176,697
Mitsubishi Corp                                  859,769                     11,185,615
Mitsubishi Motors Corp                    271,000                         342,969
Hyundai Motor Company Ltd           30,860                      1,238,193
Volvo AB – A Shares                             81,950                         434,170
Volvo AB – B Shares                           183,135                         968,031
Volkswagen AG                                     21,483                     6,560,285
Volkswagen AG – Preferred               16,006                         921,026
Harley-Davidson Inc                          796,512                   10,665,296
Yamaha Corp                                         42,813                         414,823
Yamaha Motor Company Ltd          184,000                     1,630,050
CarMax Inc                                       1,128,900                    14,043,516
Advance Auto Parts Inc                    492,883                   20,247,634

–Pharmaceuticals and Healthcare–

Abbott Laboratories                      5,864,256                  279,725,011
Baxter International Inc               2,975,728                  152,416,788
Bayer AG                                             799,730                   38,861,936
Pfizer Inc                                      26,880,813                  366,116,673
Eli Lilly & Company                     3,904,933                  130,463,812
Merck & Company Inc                  7,814,727                 209,043,947
Merck KGaA                                       159,294                    14,041,129
Teva Pharmaceutical Ind Ltd         613,430                   27,635,022
Bristol-Myers Squibb Company 8,358,967                 183,228,557
Metlife Inc                                        3,135,011                   71,384,200
Colgate-Palmolive Company        1,968,159                 116,082,018
Bristol-Myers Squibb Co              8,358,967                 183,228,557
Roche Holding AG – Genuss          930,152                   127,777,796
Roche Holdings Ltd – ADR              49,000                      1,682,807
Gilead Sciences Inc                       3,936,647                 182,345,489
Glaxosmithkline plc                      6,465,941                 100,789,027
Glaxosmithkline plc – ADR              32,400                     1,006,668
Novartis AG – ADR                           145,280                     5,495,942
Novartis AG – Regular                 2,664,079                 100,935,336
Noven Pharmaceuticals Inc            452,987                      4,294,317
Amgen Inc                                       4,272,238                  211,561,226
Sanofi-Aventis                                2,421,930                 136,276,979
Sanofi-Aventis – ADR                        81,400                     2,273,502
Astrazeneca                                          22,055                         773,644
Astrazeneca plc                               1,833,135                   64,400,614
Astrazeneca plc – Spons. ADR         123,711                      4,385,555
3M Company                                   2,536,317                  126,105,681
UnitedHealth Group Inc              4,777,620                   99,995,587
Tenet Healthcare Corp                 2,636,132                      3,057,913
Pharmaceutical Prod Dvlpmt Inc  678,871                    16,102,820
Pharmerica Corp                                 98,534                      1,639,606
Humana Inc                                       930,895                   24,277,742
St Jude Medical Inc                        1,575,296                  57,230,504
AMN Healthcare Services                125,274                        638,897
American Medical Sys Holds. Inc  259,590                    2,894,429
American Physicians Capital Inc     26,420                     1,081,106
Watson Pharmaceuticals Inc          470,779                   14,645,935
RehabCare Group Inc                         92,232                    1,608,526
Reinsurance Grp of America Inc    522,133                   16,911,888
Univ Health Serv Inc – Class B       203,950                    7,819,443
Basilea Pharmaceutica                       48,480                    3,027,202
Savient Pharmaceuticals Inc             91,058                        450,737
Nationwide Health Propts Inc        375,204                    8,325,777
National Health Investors Inc           12,700                        341,249
Natus Medical Inc                                77,400                       658,674
Chugai Pharmaceutical Co Ltd       290,158                    4,876,605
Shire Pharmaceuticals Group         277,100                    9,958,974
Health Care Reit Inc                         393,735                  12,044,354
Health Mangmnt Asc Inc – Cls A   797,100                    2,056,518
Health Net Inc                                   409,340                    5,927,243
Healthcare Realty Trust Inc              28,015                        419,945
Healthcare Services Group Inc       194,790                    2,916,006
HealthSpring Inc                               309,519                    2,590,674
Healthways Inc                                  233,425                    2,047,137
MedCath Corp                                      41,245                        299,851
Medco Health Solutions Inc       2,204,279                   91,124,894
Medical Properties Trust Inc          125,700                       458,805
Mediceo Holdings Company Ltd     56,700                       603,338
Medicines Company                             5,400                         58,536
Medicis Pharma Corp – Class A    370,640                    4,584,817
Medtronic Inc                                4,208,522                124,025,143

–Banks and Investments–

Morgan Stanley                              4,301,770                   97,951,303
Goldman Sachs Group Inc/The   1,961,585                207,967,242
Goldman Sachs Ssga Em Mrkts  8,934,287                102,501,423
Wells Fargo & Company             16,257,120                 231,501,389
Bank of America Corp                 23,819,237                 162,447,196
Citigroup Inc                                 18,601,505                  47,061,808
Citigroup Inc Depository Shares    199,368                    3,046,343
American Express Company       4,249,664                  57,922,920
American Financial Group Inc       492,854                    7,910,307
Visa Inc – Class A                              390,400                 21,706,240
Mastercard Inc – Class A                 306,830                 51,387,888
Zions BanCorp                                   558,029                   5,485,425
Fifth Third Bancorp                       2,678,672                    7,821,722
Fannie Mae                                             6,000                           4,200
Freddie Mac                                            6,100                            4,636
Hartford Financ Serv Grp Inc      1,099,070                   8,627,700
Hudson City Bancorp Inc             2,946,851                 34,448,688
Western Union Company             2,656,147                  33,387,768
Siemens AG                                         757,252                  43,473,647
Experian Group Ltd                        1,034,174                    6,474,091
Equifax Inc                                           626,161                  15,309,636
Equinix Inc                                             13,800                       774,870
State Street Corp                             1,867,120                  57,469,954
People’s United Financial Inc      1,234,207                  22,178,700
Fidelity Nat Financial Inc – Cls A  839,867                  16,385,805
Fidelity Nat Info Services Inc          657,748                   11,971,014
Westpac Banking Corp                     298,305                   3,956,638
Axis Bank Ltd                                      191,458                     1,565,891
Discover Financial Services          1,874,548                  11,828,398
Softbank Corp                                 3,664,300                 46,596,748
Solera Holdings Inc                           556,652                  13,793,837
Signature Bank                                   210,333                    5,937,701
HSBC Holdings plc                        8,349,382                  47,271,967
HSBC Holdings plc                        1,389,200                    7,645,081
HSBC Holdings plc – Rights            893,766                   1,806,322
Royal Bank of Canada                       169,300                   4,949,214
Royal Bank of Scotland                 6,330,271                   2,223,006
Royal Bank of Scotland, Rights   6,427,941                                 -0-
Allied Irish Banks                            1,216,447                      969,046
National Australia Bank                1,406,252                 19,638,984
Aust & New Zealand Bank Group   701,045                    7,671,606
Commonwealth Bank of Australia    19,794                       477,637
National Bank of Canada                  161,300                    5,161,497
National Bank of Greece                  102,386                     1,551,051
Deutsche Bank AG – ADR                    9,800                      398,370
Deutsche Bank AG – Registered     654,969                26,888,105
Credit Suisse Group                        1,174,244                 35,793,762
Credit Suisse Group – Spons ADR         300                           9,147
Bank Montreal Quebec                     428,291                  11,230,235
Bank Mutual Corp                               94,860                       859,432
Bank of Baroda                                   542,734                   2,506,942
Bank of Communications             1,376,000                       955,210
Bank of Cyprus Ltd                              51,909                        157,826
Bank of East Asia                           2,605,019                    5,028,527
Bank of Hawaii Corp                         192,499                    6,348,617
Bank of India                                      934,270                   4,040,186
Bank of New York Mellon Corp  4,420,585                124,881,526
Credit Agricole S.A.                            311,625                    3,439,044
Credit Saison Company                       14,918                        144,241
Bank of Nova Scotia                          149,900                     3,701,779
First Bancorp Puerto Rico                143,010                       609,223
Bank Yokohama Ltd Japan Ord     903,100                    3,821,968
Hiroshima Bank Ltd/The                   13,000                         49,357
Bank of Kyoto Ltd/The                       73,000                       614,924
Osaka Gas Company Ltd               2,035,146                   6,346,309
Bank of China Ltd – H                   8,527,000                   2,827,663
Ind Comm Bank of China Ltd      4,464,000                   2,321,280
China Citic Bank – H                        484,000                       182,983
China Construction Bank – H      4,331,000                   2,458,890
China Merchants Bank – H             283,000                      494,428
Shizuoka Bank                                    183,000                    1,637,866
Shinsei Bank Ltd                             1,450,154                     1,453,531
Chiba Bank                                          176,500                       866,685
Cheung Kong (Holdings)              3,376,000                  29,077,161
Hang Seng Bank Ltd                         328,500                    3,308,313
Hanmi Financial Corp                        55,300                           71,890
Mitsubishi UFJ Financial Grp     6,409,847                 30,890,829
Mitsubishi UFJ Lease & Fin Co Ltd    1,600                          33,370
Bangkok Bank                                    554,400                      1,172,424
Bangkok Bank Public Co Ltd          446,200                         937,316
Siam Comm Bank Public Co Ltd    376,900                         579,192
Malayan Banking Berhad                802,525                         849,745
Malayan Banking Berhad – Rights  361,136                                 -0-
Blackrock Inc                                           7,135                         927,835
Blackstone Group Lp/The             1,289,215                     9,346,809
Zurich Financial Services                      9,387                     1,486,829
Aetna Inc                                           1,881,924                   45,787,211
Cincinnati Financial Corp                 736,150                   16,835,751
First American Corp                           496,770                  13,169,373
First Bancorp Puerto Rico                 143,010                       609,223
First Cash Financial Services Inc      48,800                       728,096
First Commonwealth Finan Corp   394,940                     3,503,118
First Financial – 144A GDR                 48,113                       444,083
First Financial Bancorp                        62,100                       591,813
First Financial Bankshares Inc           54,475                    2,624,061
First Financial Holding Company   978,455                        451,546
First Financial Holdings Inc               23,950                       183,218
First Horizon National Corp              766,191                  8,228,888
First Mercury Financial Corp            213,900                  3,088,716
First Midwest Bancorp Inc                280,825                   2,412,287
First Niagara Financial Group Inc   414,400                   4,516,960
First Potomac Realty Trust                  75,284                      553,337
First Quantum Minerals Ltd                 6,400                      180,583
First Solar Inc                                        39,400                   5,228,380
Discover Financial Services            1,874,548                 11,828,398

–The Media–

Walt Disney Company/The             7,975,404               144,833,337
News Corp – Class A                          7,746,798                 51,283,803
Time Warner Cable Inc                     1,476,825                 36,625,251
Time Warner Inc                               4,885,448                 94,289,152
CBS Corp – Class B                            3,518,760                 13,512,038
General Electric Company              39,551,471              399,865,372
Sony Corp                                                811,290                 16,411,435
Sony Financial Holdings Inc                         24                       63,906
Vivendi Universal                               2,414,568               63,876,002
Viacom Inc – Class B                         2,363,387                41,075,666
Discovery Commun Inc – Series A       79,244                  1,269,489
Discovery Commun Inc – Series C       78,831                   1,154,874
Marvel Entertainment Inc                    175,800                 4,667,490
Comcast Corp – Class A                   10,473,672             142,860,886
Comcast Corp – Special Class A            20,259                     260,733
DreamWorks Anim SKG Inc – A        285,700                  6,182,548
DISH Network Corp – Class A             475,200                 5,279,472
DIRECTV Group Inc/The                 2,048,939               46,695,320
Dolby Laboratories Inc – Class A         419,110                14,295,842
British Sky Broadcasting                   3,626,650               22,534,452
Deluxe Corp                                            263,202                  2,534,635
Warner Music Group Corp                     16,700                       39,245
Virgin Media Inc                                    280,696                  1,347,341
New York Times Company/The          356,178                  1,609,925
Cinemark Holdings Inc                         373,718                  3,509,212
Hitachi Ltd                                           5,368,600               14,458,313
Fujifilm Holdings Corp                         378,094                  8,134,553
Netflix Inc                                                225,586                  9,682,151
NETGEAR Inc                                           68,745                     828,377
Gamestop Corp – Class A                      913,536                25,597,279
Ticketmaster Entertainment Inc           74,000                    273,060
Tokyo Broadcasting System Hold Inc  18,900                     247,612

–Food and Beverage–

Monsanto Company                           2,280,249            189,488,692
General Mills Inc                                  1,369,515               68,311,408
H.J. Heinz Company                            1,255,221               41,497,606
Hershey Company/The                          609,148               21,167,893
ConAgra Foods Inc                               1,997,457               33,697,100
Dr Pepper Snapple Group Inc              865,369               14,633,390
Coca-Cola West Japan                               3,500                       55,847
Coca-Cola Amatil                                      42,075                     253,456
Coca-Cola Company/The                   7,633,116              335,475,448
Coca-Cola Enterprises Inc                  1,613,637                21,283,872
Pepsi Bottling Group Inc/The              756,262                16,743,641
PepsiAmericas Inc                                  349,239                 6,024,373
Pepsico Inc                                            6,512,462             335,261,544
Groupe Danone                                       231,868                11,285,823
Nutrisystem Inc                                        59,400                     847,638
AES Corp/The                                      2,510,794                14,587,713
Cracker Barrel Old Cntry Store Inc       50,067                  1,433,919
McDonald’s Corp                                4,406,583             240,467,234
Wendys/Arbys Group Inc – Class A 1,743,327                 8,768,935
Safeway Inc                                           2,981,340              60,193,255
Cosco Corp Singapore Ltd                    320,000                    172,609
Cosco Pacific Ltd                                  1,704,000                1,682,013
Smiths Group plc                                  1,327,512               12,729,661
Tesco                                                     12,932,819              61,803,212
Smithfield Foods Inc                              489,493                4,630,604
Smucker (J M) Company/The              545,201               20,319,641
Darden Restaurants Inc                         527,787               18,081,983
Yum! Brands Inc                                   2,110,315               57,991,456

–Telecom/Cellphone–

AT&T Inc                                             22,256,707            560,869,016
Verizon Communications Inc          10,831,468            327,110,334
Sprint Nextel Corp                                9,777,244             34,904,759
Motorola Inc                                          9,547,354             40,385,307
Qwest Communications Int Inc         4,735,734              16,196,210
Vodafone Group plc – Spons ADR        109,595                1,909,145
Vodafone Group plc New                 56,080,988            98,670,972
Samsung Electronics Company Ltd          4,489               1,843,305
Ericsson LM Tele Co – Spons ADR       126,820               1,025,974
Ericsson LM Tele Co – B Shares         7,402,571            60,439,750
Nokia Oyj                                               2,005,360             23,643,146
Nokia Oyj Corp – Sponsored ADR         151,200               1,764,504
Manitoba Telecom Services Inc              38,800                  985,304
Singapore Telecommun Ltd             23,712,699              39,463,971
France Telecom S.A.                             4,161,013              94,746,495
Deutsche Telekom AG – Registered 5,484,668             68,232,281
Tele Norte Leste Part – ADR                   770,711             10,666,640
Tele2 AB – B Shares                                   66,884                  562,268
Telecom Corp of New Zealand           3,833,489               4,988,558
Telecom Egypt                                          133,000                   350,087
Telecom Italia – RNC                           1,380,285                1,404,691
Telecom Italia S.p.A.                           11,019,457              14,206,248
Telecommunication Sys Inc – Class A  411,900                 3,777,123
Teleflex Inc                                                144,400                5,644,596
Telefonica S.A.                                      5,056,407            100,835,142
Telefonos De Mexico                            1,746,900                1,326,618
Telefonos De Mexico S.A. – ADR         294,600               4,430,784
Telekom Austria                                    1,067,724              16,160,836
Telekom Malaysia Berhad                   1,383,000               1,335,389
Telekomunikacja Polska S.A.                   48,243                   257,585
Telekomunikasi Tbk PT                       1,385,900                  905,543
Telemig Celular Participacoes – ADR       1,959                     69,819
Telenor ASA                                           3,379,464              19,269,466
Telephone & Data Systems Inc             392,880              10,415,249
Teletech Holdings Inc                             533,062               5,805,045
Television Francaise (T.F.1)                     42,095                  329,804
Teliasonera AB                                      1,050,823               5,033,396
Telkom South Africa                                  74,690                  828,501

–Other Corporations of Note–

Diebold Inc                                        234,830              5,013,621
Halliburton Company                          3,077,890              47,614,958
Raytheon Company                               1,727,827              67,281,583
Hewlett-Packard Company                9,304,769            298,310,894
Home Depot Inc/The                          7,208,920             169,842,155
Fedex Corp                                             1,230,967               54,765,722
Allstate Corp/The                                 2,187,843               41,897,193
Amazon.Com Inc                                   1,316,841              96,708,803
Macy’s Inc                                              1,568,938               13,963,548
Sears Holdings Corp                                213,759                 9,770,924
Procter & Gamble Company/The   10,837,108              510,319,416
Johnson & Johnson                           10,447,583             549,542,866
Du Pont (E I) De Nemours & Co       3,521,463               78,634,269
Dow Chemical Company/The          4,280,075                36,081,032
Dun & Bradstreet Corp/The                 207,093                15,946,161
Staples Inc                                              2,512,085               45,493,859
Alcoa Inc                                                  3,117,832              22,884,887
Canon Inc                                              2,236,920               63,866,704
Canon Marketing Japan Inc                   35,500                     498,157
Hitachi Ltd                                           5,368,600                14,458,313
Caterpillar Inc                                       2,111,648                59,041,678
H&R Block Inc                                      1,177,370                 21,416,360

–Computers and Internet–

Microsoft Corp                                  28,680,246              526,856,119
Apple Inc                                               3,324,449             349,466,079
Texas Instruments Inc                       5,083,728                83,932,349
Google Inc – Class A                               974,378              339,142,007
Yahoo! Inc                                              5,126,172                65,666,263
Yahoo! Japan Corp                                      4,716                   1,235,222
Intel Corp                                            22,345,858             336,305,163
Dell Inc                                                    7,713,130                73,120,472
International Business Mach Corp  5,099,897              494,129,020
McAfee Inc                                                758,725                 25,417,288
Palm Inc                                                    401,500                  3,460,930
Oracle Corp                                         13,566,613               245,148,697
Oracle Corp Japan                                  192,600                   7,253,944
NVIDIA Corp                                        2,001,337                 19,733,183
Advanced Micro Devices Inc             1,847,932                   5,636,193
Cisco Systems Inc                             23,320,806              391,089,917
Intuit Inc                                               1,339,099                 36,155,673
Microchip Technology Inc                    756,250                16,024,938
Micron Technology Inc                      3,774,261                  15,323,500
Micros Systems Inc                                235,060                  4,407,375
Casio Computer Japanese Ordinary     91,200                      639,887
Electronic Arts Inc                               1,162,420                 21,144,420
Activision Blizzard Inc                           961,705                 10,059,434
THQ Inc                                                     123,910                      376,686

–Alcohol, Coffee, and Cigarettes–

Starbucks Corp                                     2,453,460                 27,257,941
Peet’s Coffee & Tea Inc                             23,620                      510,664
Green Mntain Coffee Roasters Inc      272,425                 13,076,400
Imperial Tobacco Group plc              1,426,448                32,038,870
Philip Morris International Inc         6,731,683               239,513,281
British American Tobacco                   1,137,258                 26,293,331
Lorillard Inc                                             568,189                 35,079,989
Reynolds American Inc                         582,000                20,858,880
Altria Group Inc                                   6,925,183                110,941,432
Molson Coors Brewing Co – Class B   568,782                 19,497,847
Anheuser-Busch InBev Npv                  709,929                 19,553,671
Anheuser-Busch InBev – Strip VVPR 225,008                             896
Seagrams (is owned by Vivendi Universal)  (See Media Listing)
Boston Beer Co Inc/The – Class A          21,950                     457,877
Brown-Forman Corp – Class B              391,530               15,203,110
Castle A. M. & Company                          39,400                     351,448
Constellation Brands Inc – Class A      768,209                  9,141,687
Diageo plc                                                  907,367               10,229,018
Fortune Brands Inc                                  715,098               17,555,656
Heineken Holding Nv – Class A            386,719                9,390,942
Heineken Nv                                            206,448                 5,865,762
Pernod Ricard S.A.                                  353,388               19,694,387

–The Stock Market (corporations)–

NYSE Euronext                                     1,044,464                 18,695,906
NASDAQ OMX Group Inc                     539,840                 10,570,067
Moody’s Corp                                            769,534                  17,637,719
Barclays plc                                             1,278,276                    2,711,681

–Airlines–

Continental Airlines – Class B                313,800                 2,764,578
Southwest Airlines Company              3,345,891                21,179,490
Delta Air Lines Inc                                      16,000                      90,080
JetBlue Airways Corp                               745,342                 2,720,498
Airtran Holdings Inc                                470,680                  2,141,594
Alaska Air Group Inc                                 191,600                3,366,412
All Nippon Airways                                      11,000                      42,989
British Airways                                          398,483                    804,201
Air China Ltd – H                                     446,000                     143,871
Japan Airlines Corp                                  176,000                     356,384
Singapore Airlines Ltd                             347,540                  2,286,147
Cathay Pacific Airways                            702,000                      697,471
Qantas Airways Ltd                                  220,300                     267,097
Ryanair Holdings plc – Spons ADR      298,400                6,896,024
Auckland International Airport Ltd         34,621                       33,789
Priceline.Com Inc                                       231,150               18,209,997

.

For more information on the Comprehensive Annual Financial Report, government wealth through investment, and this complete conflict of interest of government, please visit the following sites:

http://thecorporationnation.com/

https://realitybloger.wordpress.com/

http://cafr1.com/

http://cafrman.com/

.

Clint Richardson (realitybloger.wordpress.com)

Friday, May 6, 2011

The Senate: How Much Does It Cost?


I had to laugh out loud…

As I was searching for a glimpse into the unbelievable amounts of taxpayer money that it takes to fund the Federal Government and it’s Executive Departments by viewing its Comprehensive Annual Financial Reports, I came across an interesting report called the “2010 Detail of Appropriations, Outlays, and Balances” report.

This report can be downloaded here: http://www.fms.treas.gov/annualreport/index.html#part%20one

Other Financial Reports for the Departments of the Treasury, Defense, Commerce, The Post Office, The Social Security Fund, and many others can be found here: http://www.fms.treas.gov/finrep/fr_resources.html#agency

This “Appropriations, outlays, and Balances” report included the expense accounts and left over ongoing fund balances that are appropriated to the Senate, the House of Congress, the Library of Congress, the Architect of the Capital, the Botanical Garden, the Capital Police, an on and on…

And, while some of these “appropriations” were funny, some were not.

For instance, let’s look at the Senate…

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-= Senate Appropriations =-

-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-

Did you know that each year the Treasury allots a certain amount of taxpayer money to go to the “Senate Hair Care Revolving Fund”?

Yep… The Federal Government has a fund that was created specifically for the hair care of its Senators! For fiscal year 2010, $33,387 was used to outlay this expense. The word outlay simply means “to spend, an amount expended, paid expenditures”.

There are only 100 Senators – 2 representing each of the 50 states.

This means that on each senator $333.87 in taxpayer money was spent to keep them looking sharp for the cameras, hairpieces and all!

But then, I guess that’s about what you’d expect from a fake Hollywood production like this.

But even more importantly, this “revolving fund” has a balance, which is appropriated solely for this Senatorial hair care. That fund balance, which is invested and gains each year, is $261,117.19. That represents a gain for this fund over fiscal year 2009 of about $36,000.

So we have a quarter of a million dollars designated for Senatorial hair care while many U.S. citizens live in destitute tent cities. It’s kinda funny… and kinda not.

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Farther down the list we have the “Senate Restaurant Fund”, listed as a “Public Enterprise Fund”.

The Senators tapped this fund for $72,370.12 for fiscal year 2010. This left a remaining balance in the “Senate Restaurant Fund” of $49,859.53.

That adds up to about $723.70 per Senator.

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The taxpayers also paid $123,856.74 towards the “Senate Health And Fitness Facility, Architect Of The Capitol”. This left an account balance of $256,380.37.

So taxpayer funded Senatorial gym memberships apparently cost $1,238.56 for each member of the Senate.

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The “Official Mail Costs, Senate” column states that the Federal Government appropriated $300,000 to this cost, adding to the existing balance already appropriated for Senate mailing services of $345,430.58. And after $115,546.71 of this money was actually used for mail, $161,082.59 was “withdrawn or used for other transactions”, the fund balance was left for fiscal year 2010 at $368,801.28 – a gain of a bit more than $22,000.

This represents $2,766.29 per senator for 2010.

-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-

How about the “Senate Gift Shop Revolving Fund, Senate”?

Well, this fund has $2,939,413.53 within it. What this taxpayer money is used for is unclear, but these guys managed to spend $166,673.26 over fiscal year 2010.

This represents $1,666.73 per Senator.

-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-

The “Senate Photographic Studio Revolving Fund, Senate” spent $65,915.24 for the year and shows an ending balance of $798,690.53

There’s $659.15 per Senator.

-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-

The Senate Recording Studio Revolving Fund, Senate” spent $22,722.52, leaving a fund balance of $1,945,771.10.

That’s $227.22 per Senator spent in 2010.

-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-

The “Contingent Expenses, Stationery (paper), Revolving Fund, Senate” spent $298,821.41, leaving a fund balance of $1,078,465.74.

That’s $2988.21 per Senator.

-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-

Ok, so if you are like me, you are probably wondering… WTF?

And about now you may be asking yourself… WTF?

Why is so much money being designated for such trivial things? In a normal business setting, an employee would keep a tally of his expenses and turn in a expense record in order to be refunded that money by the corporation or be given a credit card to be paid off by the company every month. But in governments case, the money is appropriated into accounts or into an individual fund in dollar amounts much larger than are actually being spent.

Dare I say that this money could be used for other things?

But this is just part of the usual shell game, where governmental investment funds and bank accounts are removed from the general use taxpayer fund, which would go to pay or offset other taxes and needed taxpayer budgetary requirements, and put into these accounts and funds which by law must stay in those accounts or be transferred to other such legally appropriated funds. These types of funds happen throughout the entire spectrum of government, from local to district to county to state to Federal government.

But hey, and I hate to tell you this… but we haven’t even scratched the surface yet. These, believe it or not, are the small funds and accounts.

Now let’s look at one of the most outrageous expenses in the Senate (and the Congress).

The average Senator moans and groans about the low salary that he or she is paid, considering the job they are elected to. And the people generally and ignorantly agree. A Senator might mention how noble and altruistic they are for taking on the representation (LOL!) of the people of their state, and that the money that is paid to them for that venture is perhaps inconsequential compared with the honor of the service they are providing to the public (LOL!!!).

But in truth, if one wishes to know how much taxpayer money is earned by each Senator, one would have to go to the main source of that wealth. That source is the individual, tax-exempt expense accounts that each Senator (and congressman) receive.

You see, it is in the best interest of these legislators to keep their base salaries as low as possible. Why? Because those salaries are taxed. Their expense accounts are not!

Listed on this “2010 Detail of Appropriations, Outlays, and Balances” report, under “Contingent Expenses, Senator’s Official Personnel And Office Expense Account, Senate”, we get a more accurate idea of what these crooks are being compensated with in order to be a part of this organized criminal activity working for United States Inc.

The report states that $422,000,000 was appropriated for use in the personal expense accounts of these 100 Senators.

Of that $422 million, $400,590,512.37 was used (outlay) for the personal and office expenses of these Senators.

That represents an average of about $4,005,900 per Senator for “personal” and “office” expenses. Tax free. Spent on anything they want.

The account that holds this appropriated money gained about $13,600,000 over 2009 – leaving the ending account balance at $81,448,251.53.

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Wow! I want to be a Senator! Hell… I’ll do it for no salary. Just lay that expense account on me!!!

Now you are probably really thinking… WTF?

You might be asking yourself, who in the name of all that is Holy would allow these 100 people to be appropriated with almost half a billion dollars for their personal expenses?

Ever heard of the Senate Appropriations Committee? That’s right. The Senate appropriates this money to their own expense accounts! Excuse me while I laugh out load again…

Now, you are probably thinking that this money is being used for “office” expenses much more than the actual “personal” expenses of these Senators, right?

Wrong…

We already know from looking at the above funds and accounts that these separate  expense accounts weren’t used on haircuts, mail, working out, official pictures, restaurants, writing paper with the U.S. Seal embossed upon it, or spent in the gift shop! Actually, I’m sure much of it was spent on wining and dining corporate lobbyists, purchasing fancy suits, and personal grooming and care. But these expense accounts can be used for just about anything. Condos in Tahiti, vacations to Australia, second home purchases for “business purposes”, you name it. All tax exempt!

And as we can see from further examination of this appropriations report, all of the other Senatorial expenses are more than covered by the following other funds and accounts…

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“Contingent Expenses, Expenses Of Inquiries And Investigations, Senate”

$140,500,000.00 – Appropriated for 2010.

$125,780,268.65 – Outlay (spent).

$254,644.79 – Withdrawn or other transactions.

$26,704,079.70 – The ending account balance, a gain of about $2 million over 2009.

$1,257,802 – Average spent per each of 100 Senators based on (outlay divided by 100)

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“Contingent Expenses, Miscellaneous Items, Senate”

$19,909,500.00 – Appropriated for 2010.

$13,524,922.79 – Outlay (spent).

$0.00 – Withdrawn or other transactions.

$49,225,568.72 – The ending account balance, a gain of about $1.2 million over 2009.

$135,249.22 – Average spent per each of 100 Senators.

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“Compensation Of Members And Related Administrative Expenses, Senate”

$23,603,773.00 – Appropriated for 2010.

$20,708,164.76 – Outlay (spent).

$0.00 – Withdrawn or other transactions.

$4,230,079.21 – The ending account balance, a gain of about $1.1 million over 2009.

$207,081.64 – Average spent per each of 100 Senators.

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“Contingent Expenses, Secretary Of The Senate, Senate”

$1,990,000.00 – Appropriated for 2010.

$756,508.92 – Outlay (spent).

$0.00 – Withdrawn or other transactions.

$9,557,875.92 – The ending account balance.

$7,565.08 – Average spent per each of 100 Senators.

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“Contingent Expenses, Sergeant At Arms And Doorkeeper Of The Senate, Senate”

$141,601,000.00 – Appropriated for 2011-2014.

$10,000,000 – Appropriated for 2010.

$90,719,432.93 – Outlay (spent) 2010-2014.

$0.00 – Withdrawn or other transactions.

$60,881,567.07 – The ending account balance as of 2014.

$907,194.32 – Average spent per each of 100 Senators as of 2014.

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“Settlements And Awards Reserve, Contingent Expenses, Senate”

$1,000,000 – The ending account balance as of 2010.

$10,000 – Average spent per each of 100 Senators as of 2014.

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“Congressional Use Of Foreign Currency, Senate”

$4,000,000.00 – Appropriated for 2010.

$4,416,425.52 – Outlay (spent).

$0.00 – Withdrawn or other transactions.

$27,613,635.88 – The ending account balance.

$44,164 – Average spent per each of 100 Senators.

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“Senate Office Of Public Records, Revolving Fund, Senate”

$22,907.00 – Outlay (spent).

$204,092.08 – The ending fund balance as of 2010.

$229 – Average spent per each of 100 Senators as of 2014.

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“Daniel Webster Senate Page Resident Revolving Fund, Senate”

$41,173.33 – Outlay (spent).

$268,265.96 – The ending fund balance as of 2010.

$411.73 – Average spent per each of 100 Senators as of 2014.

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And last, but but certainly not least… we come to the actual salaries that are paid to have this set of 100 Senators.

“Salaries And Expenses, Office Of The Legislative Counsel Of The Senate, Senate” – We see that $7,154,000 was appropriated by the Senate itself for the Senator and staff Salaries. Of that amount, $6,394,041.59 was actually paid out (outlay) to the Senators and staff.

That left a balance in this account of $939,136.37.

That represents $63,940.41 per Senator.

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“Salaries, Officers And Employees, Senate”

$168,217,500.00 – Amount appropriated in 2010.

$150,017,546.99 – Amount paid (outlay) to officers and employees in 2010.

$27,053,492.09 – Account balance end of 2010 fiscal year, an increase of about 5.1 million over 2009.

$1,500,175 – Average amount paid for every Senator.

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“Salaries And Expenses, Office Of Senate Legal Counsel, Senate”

$1,544,000.00 – Amount appropriated in 2010.

$1,050,722.89 – Amount paid (outlay) to “legal counsel” in 2010.

$877,105.95 – Account balance end of 2010 fiscal year, an increase of about $18,000 over 2009.

$10,507.22 – Average amount paid for every Senator.

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“Payment To Widows And Heirs Of Deceased Members Of Congress, Senate”

$174,000.00 – Amount appropriated in 2010.

$174,000.00 – Amount paid to “widows and heirs”

$1740.00 – Average amount paid divided by 100 Senators.

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So what does all of this mean?

Well, what is your definition of wasteful spending?

In order for each state to have two representatives, a total for the country of 100 Federal Employees for which we call “Senators”, and with the understanding that this in no way represents all monies spent on the Senate or the money that each state pays separately for each Senator (employees, office leases, supplies, legal council, etc.), the taxpayers paid at least the following for 2010:

$8,162,563.35 per Senator (in blue above)

$815,257,003.33 spent/outlay (in purple above)

Of course, the actual amount appropriated for these things is always much higher than the actual costs by thousands or millions of dollars. Sadly, this is purposeful. And, the account and fund balances that have accumulated over the years from over-appropriation (assigning too much money) to these funds for 2010 stand at at least a total of:

$297,905,741.83 excess account and fund balances (in red above).

All of this (plus much much more that is not listed here) just to have 100 men and women pretend to represent us. Remember, these are the people who don’t even read the bills presented to them by their corporate lobbyists before they sign them!

That treason costs the taxpayers of America over $815 million dollars, and well over $1 billion if all related expenses were taken into account.

All this to support 100 men in fancy suits. Imagine what the congress costs…?

All this while Americans lose their homes, their jobs, and their lives.

What has America become?

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–Clint Richardson (realitybloger.wordpress.com)

Monday, April 4, 2011