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Wisconsin’s Real Financial Situation Explained

The following is a list of totals reported in the Wisconsin State Comprehensive Annual Financial Report (CAFR), fiscal year ending June 30, 2010.

The individual funds and investments that make up these totals are listed in detail below these fund “totals”.

All of this is sourced from the state’s 2010 CAFR, which can be downloaded at the state governments website, here: http://www.doa.state.wi.us/subcategory.asp?linksubcatid=374&locid=3

It may also be viewed online here: http://www.docstoc.com/docs/23131666/Wisconsin-Comprehensive-Annual-Financial-Report

Page numbers are listed, so you can follow along in the CAFR for verification, and my comments are in red.

And now, the answer to the question… Is the State of Wisconsin bankrupt?

First, let’s have a look at what Wisconsin has in its investment funds, which is not being reported to the taxpayers of the state or of America…

(See below for explanation)

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TOTAL PRIMARY GOVERNMENT “VARIOUS FUNDS”

-> $4,403,000,000

TOTAL UNIVERSITY OF WISCONSIN SYSTEM (UW) FUND

-> $365,800,000

TOTAL WISCONSIN HOUSING AND ECONOMIC DEVELOPMENT AUTHORITY FUND

-> $1,023,000,000

TOTAL UNIVERSITY OF WISCONSIN AND CLINICCS AUTHORITY FUND

-> $127,400,000

TOTAL STATE FAIR PARK EXPOSITION CENTER INC FUND

-> $200,000

TOTAL WISCONSIN HEALTH CARE LIABILITY INSURANCE PLAN (WHCLIP) FUND

-> $72,000,000

TOTAL UNIVERSITY OF WISCONSIN FOUNDATION FUND

-> $2,006,000,000

TOTAL STATE INVESTMENT FUND (SIF)

-> $6,603,000,000

TOTAL IN THE RISK MANAGEMENT FUND

-> $94,847,000

TOTAL NONMAJOR GOVERNMENTAL FUNDS

-> $664,459,000

TOTAL NONMAJOR ENTERPRISE FUNDS listed as “All Nonmajor Funds”

-> $1,446,072,000

TOTAL INTERNAL SERVICE FUNDS listed as “totals”

-> $350,107,000

TOTAL PENSION AND OTHER EMPLOYEE BENEFIT TRUST FUNDS listed as “Totals”

-> $66,937,157,000

TOTAL INVESTMENT TRUST FUNDS listed as “Totals”

–> $2,606,398,000

TOTAL PRIVATE-PURPOSE TRUST FUNDS listed as “Totals”

–> $2,265,681,000

TOTAL AGENCY FUNDS listed as “Totals”

-> $334,837,000
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TOTAL FUND INVESTMENTS (From above list)

-> $89,299,958,000

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(LISTED IN TABLE 3 CHANGES IN NET ASSETS)

TOTAL NET ASSETS

-> $11,693,400,000

TOTAL CAPITAL ASSETS (WITHOUT DEDUCTIONS FOR LONG-TERM LIABILITIES)

-> $22,487,900,000
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TOTAL NET ASSETS

-> $34,181,300,000

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TOTAL ASSETS (CAPITAL AND INVESTMENTS) FOUND IN 2010 STATE CAFR

-> $123,481,258,000

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Note: This should not be construed to be a representation of all hidden wealth and investments within the state government of Wisconsin, but rather the ones that jump off the page to the semi-trained eye. Revenue bonds and other investment assets and future profits are still beyond my scope of translation.

But to put this state government wealth into perspective… The population of the state of Wisconsin as of 2010 was 5,686,986 people. The above figure of over $123 Billion represents investments and capital net assets, which total $21,712 per person in the state of Wisconsin. Remember… many of those people are kids with no income!

This summary compilation of the wealth of the state of Wisconsin is for one purpose: to show exactly what the Wisconsin state government is holding in cash and liquid investments, and not hiding this wealth by stating what their “future obligations” are. So the above figure is what the state had in actual assets, cash, and investments as of June 30, 2010, after liabilities were already paid, and not what it will spend later (which is just their way to hide this current wealth as reported by attaching its value to future financial obligations). Compare this with your exact personal bank account balance today, not what it will be next week or in 5 years (or once future bills are paid with future checks). This is the balance today, and it includes your savings and investments at their value today, not in the future.

While the State government will tell us that these funds are designated or “restricted” to the funds that house them, there is no law that says this is the case, and they are transferred between each fund (intra-fund) all of the time. Do not let these crooks tell you that these funds and investments are restricted without proof. SHOW US THE LAW!

This is rightly taxpayer money, and it could and should be used for taxpayer purposes. Instead, it is being withheld from the public (taxpayers), invested in these funds, and used for “business activities” within this for-profit corporation known as the “State of Wisconsin”. There is no reason that any government (meaning the people; the public) should be in debt, at all, with this kind of hidden wealth.

The state of Wisconsin is obviously far from bankrupt!

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***Note: This is just the state corporation (government), and does not include the counties, municipal corporations (cities), towns, school districts, and other corporate governments within the state of Wisconsin. Each of these “governments” has their own investments, funds, and assets, which are listed separately on each of their CAFR’s. The assets of all of these individual government corporations within the state do not appear on the state CAFR.

There are 72 counties in the State of Wisconsin.

There are 190 cities (municipal corporations) in the State of Wisconsin (as of 2006).

There are 1,260 towns in the State of Wisconsin (some the same as cities).

There are 370 school districts in the State of Wisconsin (approx).

All of these are different government corporations. All of these have separate CAFR’s.

Malls, movie theaters, golf courses, most other commercial real estate entities, electric and gas companies, water and sewage companies, universities and colleges, parks and zoos, parking meters and garages, toll roads and bridges, and many other types of government owned businesses are all part of individual governments listed in their CAFRs.

The total wealth of the state of Wisconsin can only truly be measured by adding up the investments, assets, funds, enterprise operations (businesses), and other government wealth and investments within each of these individual corporate governments, through each county and local government Comprehensive Annual Financial Report.

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***Note: There is a rabid defense of pension funds by the government employees who benefit from them, and of course by the government who controls and profits from them and their investments. But it is important to understand that the money that is being contributed to these pension funds is also taxpayer money. In 2009, the amount contributed to the Wisconsin Retirement System by state employees was $736,689,000. But the amount contributed by taxpayers who are not employees of any state office (ordinary taxpaying citizens) was $632,706,000. In other words, over $632 million in taxpayer money went to support this pension fund system in the form of government employer contributions, which could have gone to support government activities that would support the taxpayers themselves or to pay off debt. Government Employers are funded with taxpayer money. Thus their contributions are coming from taxpayer money. Simple.

The Wisconsin Retirement System pension fund made a $10.5 Billion dollar profit (return on investment) in fiscal year 2009, and a $5.4 Billion dollar profit in fiscal year 2010.

This was after all benefits and liabilities were paid for the year. This money is in no way benefiting the taxpayers of the state. This was pure profit for the fund – the return on investments!!!

***Note: This is what I could find looking at the Wisconsin State CAFR, and represents the assets and investments as reported by the state at the end of fiscal year 2010, which ended June 30, 2010. Thus, these are the totals as of that date (06/30/10) – which is the latest Comprehensive Annual Financial Report available for viewing to the public. This took two full days of reading and research to acquire. While I made every attempt at accuracy, I have no financial background. Crosschecking my accuracy and verifying if I accidentally reported any items twice is suggested. You have the report at your fingertips…

-Clint Richardson-
March 1, 2011

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The information below is pulled straight from the 2010 CAFR for the State of Wisconsin…

Download here: http://www.doa.state.wi.us/subcategory.asp?linksubcatid=374&locid=3

(My comments are in red)

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(Page 19)

FINANCIAL HIGHLIGHTS — PRIMARY GOVERNMENT

The State of Wisconsin, like the rest of the nation, experienced an economic decline that persisted from Fiscal Year 2009 in to Fiscal Year 2010. To assist in stimulating the economy, the federal 2009 American Recovery and Reinvestment Act (ARRA) provided tax relief and additional funding for approximately 132 federal programs administered by at least 16 different state agencies. Both events impacted the financial results reported for the State.

Government-wide (Tables 2 and 3 on Pages 22 and 23)

• Net Assets. The assets of the State of Wisconsin exceeded its liabilities at the close of Fiscal Year 2010 by $11.7 billion (reported as “net assets”). Of this amount, $(9.9) billion was reported as “unrestricted net assets”. A positive balance in unrestricted net assets would represent the amount available to be used to meet a government’s ongoing obligations to citizens and creditors.

• Changes in Net Assets. The State’s total net assets decreased by $29.3 million in Fiscal Year 2010. Net assets of governmental activities increased by $31.7 million or 0.6 percent, while net assets of the business-type activities showed a decrease of $61.0 million or 1.0 percent.

• Excess of Revenues over (under) Expenses — Governmental Activities. During Fiscal Year 2010, the State’s total revenues for governmental activities of $26.2 billion were $1.3 billion more than total expenses (excluding transfers) for governmental activities of $24.9 billion. Of these expenses, $12.6 billion were covered by program revenues. General revenues, generated primarily from various taxes, totaled $13.6 billion.

Note: The State of Wisconsin, as listed under Table 3: “Changes in Net Assets”, earned $34.84 Billion in tax-based revenues, which represents a $3.89 Billion increase in revenue generation for the state. In other words, the state government through its business activities related to taxpayers earned over 3.8 billion dollars more profit than they did in the 2009 fiscal year at the taxpayers expense (See Table 3 on page 23 of the CAFR).

This Financial Highlights section makes it appear that the Wisconsin government is in trouble, but I assure you this is not the case.

Net assets of the State are listed here as well at $11,693,400,000. But this does not include the funds we will be going over starting now…

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(Page 75)

NOTE 5. DEPOSITS AND INVESTMENTS

The State maintains a short-term investment “pool”, the State Investment Fund, for the State, its agencies and departments, and certain other public institutions which elect to participate. The investment “pool” is managed by the State of Wisconsin Investment Board (the Board) which is further authorized to carry out investment activities for certain enterprise, trust and agency funds. A small number of State agencies and the University of Wisconsin System also carry out investment activities separate from the Board.

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(Page 76)

B. Investments

1. Primary Government
Wisconsin Statutes, program policy provisions, appropriate governing boards, and general resolutions contained in revenue bond indenture documents define the types of securities authorized as appropriate investments and the conditions for making investment transactions.

Investments of the State are managed by various portfolios. For disclosure purposes, the following investment portfolios are discussed separately:

• Primary government, excluding the University of Wisconsin System, the Wisconsin Retirement System and the State Investment Fund. The primary government portfolios include various funds managed by the State of Wisconsin Investment Board consisting of the following:

— Local Government Property Insurance Fund (LGPIF)
— State Life Insurance Fund (SLF)
— Injured Patients and Families Compensation Fund (IPFCF)
— Historical Society Fund
— Tuition Trust Fund

• University of Wisconsin System (UWS)

• Wisconsin Retirement System (WRS)

• State Investment Fund (SIF) — functions as the State’s cash management fund by “pooling” the idle cash balances of all State funds and other public institutions. Investments of the SIF are discussed in section B 3 of this note disclosure.

The State of Wisconsin Investment Board (the Board) has exclusive control over the investments of the Local Government Property Insurance Fund (LGPIF), the State Life Insurance Fund (SLF), the Injured Patients and Families Compensation Fund (IPFCF), the Historical Society Fund, and the Tuition Trust Fund, which are collectively known as the “various funds”.

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(Page 77)

Custodial Credit Risk
Custodial credit risk is the risk that, in the event of a failure of the counterparty, the State will not be able to recover the value of the investment or collateral securities that are in the possession of an outside party.

So the states investments (taxpayer money) are at risk of loss with no recovery or insurance while it is being invested without the consent or knowledge and comprehension of the taxpaying public.

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Primary Government (excluding the University of Wisconsin System (UWS), the Wisconsin Retirement System (WRS), and the State Investment Fund (SIF))

At June 30, 2010, the reported amount of investments of the primary government, including the various funds, was $4,403.7 million, of which $286.9 million is reported as cash equivalents and $327.0 million is reported as “Other Assets”. The primary government, including the various funds, does not have an investment policy specifically for custodial credit risk, however, at June 30, 2010, the primary government had no custodial credit risk exposure for these investments.

(in millions, The Primary Government Funds called “Various Funds”, which include the LGPIF, the SLF, the IPFCF, the Historical Society Fund, and the Tuition Trust Fund have $4.403 Billion Dollars in investments)

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Wisconsin Retirement System (WRS)

All assets of the WRS are invested by the State of Wisconsin Investment Board (the Board). The WRS consists of shares in the core retirement trust fund and the variable retirement trust fund…

The retirement fund assets consist of shares in the Variable Retirement Investment Trust and the Core Retirement Investment Trust. The Variable Retirement Investment Trust consists primarily of equity securities. The Core Retirement Investment Trust is a balanced investment fund made up of fixed income securities and equity securities. Shares in the Core Retirement Investment Trust are purchased as funds are made available from retirement contributions and investment income, and sold when funds for benefit payments and other expenses are needed.

The assets of the Core and Variable Retirement Investment Trusts are carried at fair value with all market value adjustments recognized in current operations. Investments are revalued monthly to current market value. The resulting valuation gains or losses are recognized as income, although revenue has not been realized through a market-place transaction.

The investments of the core retirement trust fund consist of a highly diversified portfolio of securities. Wis. Stat. Sec. 25.182 authorizes the Board to manage the core retirement trust fund in accordance with “prudent investor” standard of responsibility as described in Wis. Stat. Sec. 25.15(2) which requires that the Board manage the funds with the diligence, skill and care that a prudent person acting in a similar capacity and with the same resources would use in managing a large public pension fund.

At June 30, 2010, the WRS investments were $66.6 billion. The WRS does not have a formal policy for custodial credit risk. As of June 30, 2010, the WRS held eighteen tri-party repurchase agreements totaling $787.0 million.

(The Wisconsin Retirement System (WRS) has over $66 billion in investments.)

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University of Wisconsin System (UWS)

At June 30, 2010, the UWS investments were $365.8 million, of which $26.7 million is reported as cash equivalents. The UWS’s investments are registered in the name of the UWS and the UWS does not participate in any securities lending programs through its custodian bank. Investment securities underlying the UWS’s investment in shares of external investment pools or funds are in custody at those funds. The shares owned in these external investment pools are registered in the name of the UWS.

(The University of Wisconsin System (UW) has $365.8 million in investments.)

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(Page 89)

2. Component Units
…except for the Wisconsin Health Care Liability Insurance Plan and the University of Wisconsin Foundation (Other Component Units)

Wisconsin Housing and Economic Development Authority (Authority) – The Authority is required by statute to invest at least fifty percent of its General Fund funds in obligations of the State, of the United States, or of agencies or instrumentalities of the United States, or obligations, the principal and interest of which are guaranteed by the United States, or agencies or instrumentalities of the United States. Each investment portfolio specifies what constitutes a permitted investment and such investments may include obligations of the U.S. government and agencies securities; corporate bonds and notes; money market mutual funds; commercial paper; and repurchase agreements and investment agreements.

The Authority enters into collateralized investment contracts with various financial institutions. The investment contracts are generally collateralized by obligations of the United States government.

The Authority is also authorized to invest its funds in the State Investment Fund.

The Authority’s aggregate investments at June 30, 2010 were $1,023.7 million of which $843.8 million are reported as cash equivalents.

(In millions, The Wisconsin Housing and Economic Development Authority has $1.023 billion in investments)

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University of Wisconsin Hospital and Clinics Authority – The University of Wisconsin Hospitals and Clinics Authority’s (the Hospital) aggregate investments at June 30, 2010 were $375.6 million of which $248.2 million (invested with the University of Wisconsin Foundation, see investment disclosure discussion for the University Wisconsin Foundation) are reported as “Cash and Investments with Other Component Units.” The board of directors has authorized management to invest in debt and equity securities.

(In millions, The University of Wisconsin Hospital and Clinics Authority has $375.6 million, $127.4 million of which is not invested in the University fund (see above))

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State Fair Park Exposition Center, Inc. – The aggregate investments at December 31, 2009 were $.2 million consisting of money market funds reported as cash equivalents.

(In millions, The State Fair Park Exposition Center, Inc has $200 thousand in investments)

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(Page 91)

Other Component Units

Wisconsin Health Care Liability Insurance Plan (WHCLIP) – Aggregate investments of the WHCLIP were $72.0 million, of which $13.2 million are money market and other highly liquid debt instruments reported as cash equivalents.

The WHCLIP does not hold investments in any one issuer that exceeds 5 percent of total assets.

As of December 31, 2009, the WHCLIP did not own any issues denominated in a foreign currency.

Excluded investments include: bonds rated below A by a major rating service at the time of purchase, foreign bonds not denominated in U.S. currency, futures transactions, short selling, use of margin, derivatives and hedge funds.

The investments of the WHCLIP at December 31, 2010 were $58.9 million consisting of the following (in millions):

Amortized Estimated Investment Type Cost Fair Value

U.S. Treasury securities and
–   obligations of the U.S. government
–   corporations and agencies                $10.1
Debt securities issued by foreign
–   governments and corporations             $3.2
Industrial and miscellaneous                   $25.5
Loan-backed securities    $24.2

Total $63.0

(In millions, The WHCLP Fund has $72 million in investments)

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(Page 92)

University of Wisconsin Foundation (the Foundation) – Aggregate investments of the Foundation are $2,006.6 million.

The following table summarizes the types of investments of the Foundation at December 31, 2009 (in millions):

Investment Type Fair Value

Bond and debentures    $455.5
Stocks    $512.2
Bond funds                      $106.0
Stock funds    $25.5
Hedge funds                    $478.4
Limited partnerships     $278.6
Real asset funds              $146.2
Other funds                          $4.2

Total $2,006.6

(in millions, University of Wisconsin Foundation Fund has $2.006 Billion in investments)

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(Page 101)

Component Unit

University of Wisconsin Foundation – The University of Wisconsin Foundation’s (the Foundation) endowment consists of 3,067 individual funds established for a variety of purposes. Its endowment includes both donor-restricted endowment funds and funds designated by the Board of Directors to function as endowments. Net assets associated with endowment funds, including funds designated by the Board of Directors to function as endowments, are classified and reported based on the existence or absence of donor-imposed restrictions.

The Board of Directors has interpreted the Uniform Management of Institutional Funds Act (UPMIFA) as requiring the preservation of fair value of the original gift as of the gift date of the donorrestricted endowment funds absent explicit donor stipulations to the contrary. As a result of this interpretation, the Foundation classifies as permanently-restricted net assets (a) the original value of gifts donated to the permanent endowment, (b) the original value of subsequent gifts to the permanent endowment, and (c) accumulations to the permanent endowment made in accordance with the direction of applicable donor gift instrument at the time the accumulation is added to the fund. The remaining portion of the donor-restricted endowment fund that is not classified in permanently-restricted net assets is classified as temporarily-restricted net assets until those amounts are appropriated for expenditure by the organization in a manner consistent with the standard of prudence prescribed by UPMIFA. In accordance with UPMIFA, the organization considers the following factors in making a determination to appropriate or accumulate donor-restricted endowment funds:

• The duration and preservation of the fund
• The purpose of the Foundation and the donor-restricted endowment fund
• General economic conditions
• The possible effect of inflation and deflation
• The expected total return from income and the appreciation of investments
• Other resources of the Foundation
• The investment policies of the Foundation

Endowment Net Asset Composition by Type of Fund as of December 31, 2009 (in millions):

Unrestricted – Temp. Restricted – Perm. Restricted – Total

$(38.2) $175.0 $749.5 $886.3

(In other words, the Board Of Directors of the University of Wisconsin Foundation have made the original donations made by a donor(s) (known as endowments) a restricted money base, meaning it cannot be used for anything else. But the money made on the investment gains from these donations, the capital gains, are designated as “unrestricted” and can be used or transferred elsewhere in government or into these types of secretive funds not reported to the taxpayer on the annual taxpayer budget report.)

(So… In millions, The University Of Wisconsin Fund also includes $886.3 million in cash and investments, which are “donor-restricted”.)

(Page 100)

The University of Wisconsin System invests its trust funds, principally gifts and bequests designated as endowments or quasi-endowments, in two of its own investment pools: the Long Term Fund and the Intermediate Term Fund. Benefiting University of Wisconsin System entities receive quarterly distributions from the Long Term Fund, principally endowed assets, based on an annual spending rate applied to a 12-quarter moving average market value of the fund…

University of Wisconsin System investment policies and guidelines for the Long Term Fund and Intermediate Term Fund are governed and authorized by the Board of Regents.

The fair value of Endowments as of June 30, 2010 was $370.7 million including an unrealized gain of $38.4 million when fair values as of June 30, 2010 are compared to asset acquisition costs. This compares to a fair value as of June 30, 2009 of $336.9 million. The net increase in fund balance during 2009-10 was $33.8 million. (That’s profit!)

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(Page 102)

Celebrate Children Foundation, Inc
The Celebrate Children Foundation Inc. (CCF) endowment includes both donor-restricted funds and funds designated by the Board of Directors to function as endowments. As required by generally accepted accounting principles, net assets associated with endowment funds, including funds designated by the Board of Directors to function as endowments, are classified and reported based on the existence or absence of donor-imposed restrictions. The Board of Directors of the CCF has interpreted the State Prudent Management of Institutional Funds Act (SPMIFA) as requiring the preservation of the fair value of the original gift as of the gift date of the donor-restricted endowment funds absent explicit donor stipulations to the contrary. As a result of this interpretation, the CCF classifies as permanently restricted net assets (a) the original value of gifts donated to the permanent endowment, (b) the original value of subsequent gifts to the permanent endowment, and (c) accumulations to the permanent endowment made in accordance with the direction of the applicable donor gift instrument at the time the accumulation is added to the fund…

(Page 103)

…The CCF expects the current spending policy to allow its endowment funds to grow at a nominal average rate of 3 percent annually. This is consistent with the CCF’s objective to maintain the purchasing power of the endowment assets as well as to provide additional real growth through new gifts and investment return. (But what about the children???)

Endowment net asset composition as of June 30, 2010:

– Unrestricted – Perm-Restricted – Total

Donor-restricted $ — $1,083,214 $1,083,214

Unrestricted

Board-designated (14,812) — (14,812)

Total $(14,812) $1,083,214 $1,068,402

(In millions, Celebrate Children Foundation, Inc Fund includes $1.068 million in cash and investments which are “donor-restricted”.)

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(Page 93)

3. State Investment Fund

The State Investment Fund (SIF) functions as the State’s cash management fund by “pooling” the idle cash balances of all State funds and other public institutions. In the State’s Comprehensive Annual Financial Report, the SIF is not reported as a separate fund; rather, each State fund’s share in the “pool” is reported on the balance sheet as “Cash and Cash Equivalents.” Shares of the SIF belonging to other participating public institutions are presented in the Local Government Pooled Investment Fund, an investment trust fund.

Wis. Stat. Secs. 25.17(3)(b), (ba), (bd) and (dg) enumerate the various types of securities in which the SIF can invest, which include direct obligations of the United States or its agencies, corporations wholly owned by the Untied States or chartered by an act of Congress, securities guaranteed by the United States, unsecured notes of financial and industrial issuers, direct obligations of or guaranteed by the government of Canada, certificates of deposit issued by banks in the United States and solvent financial institutions in Wisconsin, and bankers acceptances. Other prudent investments may be approved by the State of Wisconsin Investment Board’s (the Board) Board of Trustees.

Investments are valued at fair value for financial statement purposes and amortized cost for purposes of calculating income to participants. The custodial bank has compiled fair value information for all securities by utilizing third party pricing services. The fair value of investments is determined at the end of each month. Government and agency securities and commercial paper are priced using matrix pricing. This method estimates a security’s fair value by using quoted market prices for securities with similar interest rates, maturities, and credit ratings. Short-term debt investments with remaining maturities of up to 90 days are valued using amortized costs to estimate fair value, provided that the fair value of those investments is not significantly affected by the impairment of the credit standing of the issuer or by other factors. Repurchase agreements and nonnegotiable certificates of deposit are valued at cost because they are nonparticipating contracts that do not capture interest rate changes in their value. In addition, a bond issued by another State agency having a par value of $21.2 thousand is valued at par, which management believes approximates fair value.

(Page 94)

For purposes of calculating earnings to each participant, all investments are valued at amortized cost. Specifically, income is distributed to pool participants’ monthly based on their average daily share balance. Distributed income includes realized investment gains and losses calculated on an amortized cost basis, interest income based on stated rates (both paid and accrued), amortization of discounts and premiums on a straight-line basis, and investment and administrative expenses. This method differs from the fair value method used to value investments because the amortized cost method is not designed to distribute to participants all unrealized gains and losses in the fair values of the pool’s investments.

Custodial Credit Risk

The custodial credit risk for investments is the risk that, in the event of the failure of the counterparty to a transaction, the Board will not be able to recover the value of investments or collateral securities that are in the possession of an outside party. Investments are exposed to custodial credit risk if the securities are uninsured and unregistered and are either held by the counterparty or by the counterparty’s trust department or agent but not in the name of the Board.

At June 30, 2010, the reported amount of investments was $6,603.9 million. The SIF had no custodial credit risk exposure for these investments.

Interest Rate Risk
Interest rate risk is defined as the risk that changes in interest rates will adversely affect the fair value of investments. The weighted average maturity method is used to analyze interest rate risk and investment guidelines mandate that the weighted average maturity for the entire portfolio will not exceed one year. At June 30, 2010, the following table shows the investments by investment type, amount and the weighted average maturities (in millions):

Weighted Average Investment Fair Value

Bank NOW account deposits    $755.6
Repurchase agreements $1,249.0
Government and agency    $4,599.0
Certificates of deposit                      $0.3
Mortgage backed securities    $331.0

Total $6,603.9

(In millions, The State Investment Fund has $6.603 Billion Dollars in investments)

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(Page 95)

4. Lottery Investments and Related Future Prize
Obligations

Investments of the State Lottery Fund totaling $64.0 million are held to finance grand prizes payable over a 20-year or 25-year period. The investments in prize annuities are debt obligations of the U.S. government and backed by its full faith and credit as to both principal and interest. Liabilities related to the future prize obligations are presented at their present value and included as Accounts Payable and Other Accrued Liabilities.

(in thousands, there is $64 Million Dollars in investments in the “Lottery Fund”)

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(Page 128)

G. Arbitrage Rebate
The Tax Reform Act of 1986 requires that governmental entities issuing tax-exempt debt subsequent to August 1986, calculate and rebate arbitrage earnings to the federal government. Specifically, the excess of the aggregated amount earned on investments purchased with bond proceeds over the amount that would have been earned if the proceeds were invested at a rate equal to the bond yield, is to be rebated to the federal government. As of June 30, 2010, a liability for arbitrage rebate did not exist.

(Though it didn’t happen in fiscal year 2010, some investment income called “arbitrage” is given to the Federal Government as a penalty (tax) for making what you might call other than legal investment returns.)

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(Page 142)

NOTE 19. SELF-INSURANCE
It is the general policy of the State not to purchase commercial insurance for the risks of losses to which it is exposed. Instead, the State believes it is more economical to manage its risks internally and set aside assets for claim settlement in its internal service fund, the Risk Management Fund. The fund services most claims for risk of loss to which the State is exposed, including damage to State owned property, liability for property damages and injuries to third parties, and worker’s compensation. All funds and agencies of the State participate in the Risk Management Fund.

Changes in the balances of claims liability for the Risk Management Fund during the current and prior fiscal years are as follows (in thousands):

– 2010 2009

Beginning of fiscal year liability $103,119 $95,000

Current year claims and changes
in estimates $21,376 $41,508

Claim payments (28,278) (28,089)
– _____________________

– $96,217 $108,419

Excess insurance reimbursable (1,370) (5,300)
– _____________________

Balance at fiscal year-end $94,847 $103,119

(In thousands, the Risk Management Fund used for lawsuits against the state and for worker’s comp (taxpayer money in this fund) is 94.84 million dollars.)

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And now, listed here are the individual funds where much of this money is being hidden and invested. This is a list of all reported funds. A description of each fund can be found in the CAFR. Page numbers are listed as reference to those descriptions. Many of these funds grew (made a profit) for fiscal year 2010 over 2009 totals, some by millions of dollars (see balance sheet). Only the totals for each fund are listed here, as presented in the combining balance sheets following the descriptions of the funds within the 2010 CAFR. Some funds are grouped into total balances on the balance sheet, and these are notated as (see below).

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(Pages 169-182)

NONMAJOR GOVERNMENTAL FUNDS

SPECIAL REVENUE: Special revenue funds account for the proceeds of specific revenue sources that are legally restricted to expenditures for a specified purpose. The State’s special revenue funds are described below:

The Conservation Fund

–> $92,152,000

The Election Administration Fund

–> $16,244,000

The Utility Public Benefits Fund

–> $20,491,000

The Petroleum Inspection Fund

–> $14,132.000

The Wisconsin Public Broadcasting Foundation Fund

-> $12,393,000

The Celebrate Children Foundation Fund

–> $1,523,000

The Heritage State Parks and Forests Fund

–> (See Below)

The Waste Management Fund

–> (See Below)

The Environmental Fund

–> (See Below)

The Dry Cleaner Environmental Response Fund

–> (See Below)

The Recycling and Renewable Energy Fund

–> (See Below)

Total for above (5) funds listed as “Other Environmental Revenue Funds” above

– $87,843,000

OTHER SPECIAL REVENUE FUNDS – account for resources that must be used for specific purposes and include the following:

The Wisconsin Election Campaign

-> (See Below)

The Investment and Local Impact

-> (See Below)

The Industrial Building Construction Loan Fund

-> (See Below)

————-

(Page 170)

————-

The Self-insured Employers Liability Fund

-> (See Below)

The Work Injury Supplemental Benefit Fund

–> (See Below)

The Workers Compensation Fund

–> (See Below)

The Uninsured Employers Fund

–> (See Below)

The Mediation Fund

–> (See Below)

The Police and Fire Protection Fund

–> (See Below)

The State Capitol Restoration Fund

–> (See Below)

The Agricultural Chemical Cleanup Fund

–> (See Below)

The Agrichemical Management Fund

-> (See Below)

The Agricultural Producer Security Fund

–> (See Below)

The Historical Legacy Trust Fund

–> (See Below)

The History Preservation Partnership Trust Fund

–> (See Below)

The Wireless 911 Fund

–> (See Below)

The VendorNet Fund

–> (See Below)

The Universal Service Fund

–> (See Below)

The Children’s Trust Fund

–> (See Below)

Total for above (19) funds listed as “Other Special Revenue Funds”

-> $80,155,000

(Total Special Revenue Funds – $324,932,000)

————-

(Page 170)

————-

DEBT SERVICE FUNDS: Debt service funds account for the accumulation of resources for, and the payment of, principal, interest and related costs of general long-term obligations:

The Bond Security and Redemption Fund

-> $20,039,000

The Annual Appropriation Bonds

-> $33,905,000

The 2009 Annual Appropriation Bonds

-> $126,000

The Badger Tobacco Asset Securitization Fund

-> $8,564,000

The Petroleum Inspection Revenue Bonds Fund

–> $4,393,000

The Transportation Revenue Bonds Fund

–> $149,968,000

(Total Debt Service Funds – $216,994,000)

CAPITAL PROJECTS FUNDS: Capital projects funds account for financial resources used for the acquisition, construction, renovation or repair of major capital facilities (other than those financed by proprietary funds and trust funds). The State’s capital projects funds are described below:

The Building Trust

–> $24,775,000

The Capital Improvement Fund

–> $39,135,000

The Transportation Revenue Bonds Fund

–> $24,243,000

(Total Capital Projects Funds – $88,153,000)

PERMANENT FUNDS: Permanent funds are used to report resources
that are legally restricted to the extent that only earnings,
principal, may be used to support the State’s programs:

The Historical Society Fund –>

$9,400,000

The Other Permanent Fund accounts for various resources legal restrictions requiring that principal remain intact and earnings may be spent, including the following:

• The Agricultural College and University statutory funds

–> (See Below)

• The Normal School statutory fund

-> (See Below)

• The Benevolent statutory fund

–> (See Below)

Total for above (3) funds listed as “Other Permanent Funds”

–> $24,980,000

(Total Permanent Funds – $34,380,000)

—————————————————————————————-

(TOTAL NONMAJOR GOVERNMENTAL FUNDS – $664,459,000)

—————————————————————————————-

(Pages 183-191)

NONMAJOR ENTERPRISE FUNDS

ENTERPRISE FUNDS: Enterprise funds account for business-like State
activities that provide goods and/or services to the public and are
financed primarily through user charges. The State’s enterprise
funds are described below:

The Lottery Fund

–> $158,368,000

The Income Continuation Insurance Fund

–> $82,794,000

The Long-term Disability Insurance Fund

–> $218,977,000

The Health Insurance Fund

–> $216,313,000

The Veterans Trust Fund

–> $54,736,000

The Veterans Mortgage Loan Repayment Fund

–> $288,514,000

The Care and Treatment Facilities Funds – account for various
resident facilities including:

• The Mendota Mental Health Institute Fund

–> $31,804,000

• The Winnebago Mental Health Institute Fund

–> $26,047,000

• The Homes For Veterans Fund

–> (See Below)

• The Northern, Central, and Southern Developmental Disabilities Center Funds

–> (See Below)

Total for above (2) funds listed as “Other Care and Treatment Facilities”

-> $120,426,000

OTHER ENTERPRISE FUNDS: account for the following programs:

The State Fair Park Fund

–> (See Below)

The Institutional Farm Operations Fund

–> (See Below)

The Correctional Canteen Operations Fund

–> (See Below)

The Local Government Property Insurance Fund

–> (See Below)

The State Life Insurance Fund

–> (See Below)

The Transportation Infrastructure Loan Fund

–> (See Below)

The Life Insurance Fund

–> (See Below)

Total for above (7) funds listed as “Other Enterprise” funds

-> $248,093,000

——————————————————————————————————-

(TOTAL NONMAJOR ENTERPRISE FUNDS listed as “All Nonmajor Funds” – $1,446,072,000)

——————————————————————————————————-

(Pages 192-201)

INTERNAL SERVICE FUNDS

INTERNAL SERVICE: Internal service funds account for the operations of State agencies which render services to other State agencies, institutions, or other governmental units on a cost-reimbursement basis. The State’s internal service funds are described below:

The Technology Services Fund

–> $40,917,000

The Fleet Services Fund

–> $32,676,000

The Financial Services Fund

–> $3,143,000

The Facilities Operations and Maintenance Fund

–> $253,425,000

The Risk Management Fund

–> $9,223,000

The Badger State Industries Fund

–> $10,724,000

——————————————————————————————————-

(TOTAL INTERNAL SERVICE FUNDS listed as “totals” – $350,107,000)

——————————————————————————————————-

(Pages 202-212)

FIDUCIARY FUNDS

FIDUCIARY FUNDS: Fiduciary funds are maintained to account for assets held by the State acting in the capacity as a trustee or agent. The State’s fiduciary funds, consisting of pension and other employee benefit trust, investment trust, private-purpose trust, and agency funds, are described below:

PENSION AND OTHER EMPLOYEE BENEFIT TRUST FUNDS: Pension and other employee benefit trust funds are used to report resources that are required to be held in trust for members and beneficiaries of the public employee retirement system or other employee benefit plans:

The Wisconsin Retirement System Fund

–> $66,415,157,000

The Accumulated Sick Leave Fund

–> $-393,157,000 (Total assets listed at + $1,802,597,000)

The Duty Disability Fund

–> $334,828,000

The Reimbursed Employee Expense Fund

–> $1,108,000

The Local Retiree Life Insurance Fund

–> $225,553,000

The Retiree Life Insurance Fund

–> $353,669,000

——————————————————————————————————-

(TOTAL PENSION AND OTHER EMPLOYEE BENEFIT TRUST FUNDS listed as “Totals” – $66,937,157,000)

——————————————————————————————————-

INVESTMENT TRUST FUNDS: Investment trust funds account for assets invested on a commingled basis by the State on behalf of other governmental entities. The State’s investment trust funds are described below:

The Local Government Pooled Investment Fund

–> $2,490,278,000

The Milwaukee Retirement System Fund

–> $116,120,000

——————————————————————————————————-

(TOTAL INVESTMENT TRUST FUNDS listed as “Totals” –> $2,606,398,000)

——————————————————————————————————-

PRIVATE-PURPOSE TRUST: Private-purpose trust funds are used to report all other trust arrangements under which principal and income benefit individuals, private organizations, or other governments:

The Tuition Trust Fund

–> $8,473,000

The BadgerRx for Individuals Fund

–> $177,000

The College Savings Program Trust Fund

–> $2,247,475,000

The Retiree Health Insurance Fund

–> $9,556,000

——————————————————————————————————-

(TOTAL PRIVATE-PURPOSE TRUST FUNDS listed as “Totals” – $2,265,681,000)

——————————————————————————————————-

AGENCY FUNDS: Agency funds report those assets for which the State acts solely in a custodial capacity. The State’s agency funds are described below:

The Insurance Company Liquidation Account Fund

–> $720,000

The Local Retiree Health Insurance Fund

–> $2,156,000

The Inmate and Resident Fund

–> $16,711,000

The Bank and Insurance Company Deposits Fund

–> $303,730,000

The Support Collection Trust Fund

–> $11,521,000

——————————————————————————————————-

(TOTAL AGENCY FUNDS listed as “Totals” – $334,837,000)

——————————————————————————————————-

END OF REPORT

——————————————————————————————————-

Again, the above information is taken from the State of Wisconsin’s Comprehensive Annual Financial Report for fiscal year ending June 30, 2010.

Going through these reports is the only way to get a grasp on the amount of wealth your local, county, or state government has in its hidden funds and investments.

Please do not let my efforts go to waste! This needs to be seen by all taxpaying citizens, no matter what state they reside in. This is a blueprint for most or all state governments. If you stay silent about this, you are giving your consent to this crime.

Silence is consent.

Confront your legislators.

Ask questions. Demand answers.

Get a rope…

Please go to these other websites for more information on CAFR’s:

TheCorporationNation.com

CAFR1.com

–Clint Richardson (realitybloger.wordpress.com)

Tuesday, March 1, 2011

62 Comments

by realitybloger on March 1, 2011 • Permalink

Posted in Comprehensive Annual Financial Reports, Government Wealth, Uncategorized

Tagged cafr, CAFR1, city of comprehensive annual financial report, clint richardson, comprehensive annual financial report, financial state of wisconsin, funds, government investments, Government Wealth, institutional funds, is america bankrupt, is bankrupt, the corportaion nation, Walter Burien, wisconsin bankrupt

Posted by realitybloger on March 1, 2011

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

The United States: A Corporation

The “United States” is a corporation…

If you really want to understand why this is true, then you will have to look at each of the following pieces of the puzzle (links)… This will take a lot of your time and more importantly, the suspension of your idealism and belief.

That is hard. Trust me, I know.

I just spent an hour putting this post together and am passing this information on to you, so please don’t let it go to waste. Consider it an early Christmas present!

———————–≈———————–

Let’s focus on proving the corporate structure of the Federal Government, so that there is no doubt in your mind…

Here is the first carrot that I will dangle in front of you to get you to keep reading! This is from the U.S. CODE.

U.S. CODE is the corporate code of the UNITED STATES Federal corporation. Here it states that “United States” is defined as “a Federal corporation”.

———————–≈———————–

TITLE 28—JUDICIARY AND JUDICIAL PROCEDURE

PART VI–PARTICULAR PROCEEDINGS

CHAPTER 176–FEDERAL DEBT COLLECTION PROCEDURE

SUBCHAPTER A–DEFINITIONS AND GENERAL PROVISIONS

§ 3002. Definitions

15) ‘‘United States’’ means—

(A) a Federal corporation;

(Source: http://www.law.cornell.edu/uscode/28/usc_sec_28_00003002—-000-.html )

———————–≈———————–

Wam, bam, thank you mam!

So when did this happen…?

First, understand that the “United States” Federal corporation is a ten mile stretch of land that is not one of the 5o states united, and that this was mandated in Article 1 Section 8 of the Constitution.

Team Law down in SoCal has a great fact-sheet printed here… read this to get an understanding of the corporate setup of D.C, by charter in 1801:

http://www.teamlaw.org/Mythology-CorpUS.htm

Now read the last two paragraphs in Article 1, Section 8 here:

http://www.usconstitution.net/xconst_A1Sec8.html

Note that this Article only gave the federal government authority over the D.C. land – not to exceed 10 miles square. This is the corporate structure that is the Federal Government. Note that the Government is not allowed to “own” land outside of this 10 mile D.C. area. Also, states are not authorized to “own” land either. So all federal lands, state parks, national parks, etc… are not “property” of the constitutional government.

But a corporation… which the Supreme Court now says is a person too with first amendment rights… that becomes a whole other can of worms!

———————–≈———————–

Now, as referenced above, “The Act of 1871” (Google this term for other pdf files which explain this in more detail, but watch for misinformation as well). It does seem like a redundancy, as mentioned above. Though it does seem to join the few “municipalities” of Washington D.C. into one “municipal corporation”.

http://en.wikipedia.org/wiki/District_of_Columbia_Organic_Act_of_1871

———————–≈———————–

Interestingly, the Constitution Act of 1871 was passed in Canada the same year, confirming the Queens rule over Canada through Parliament.

http://www.solon.org/Constitutions/Canada/English/ca_1871.html

———————–≈———————–

Equally as intriguing is this info which says that English Parliament changed the social security system in the United States. It is very hard to except that the history we have learned is false. But until we do, we know nothing but false history, written by the “victors”. Also check out the “Treaty of Peace” (as referenced in this article, and the “Treaty of 1213”, showing the Vatican owns the Crown.

http://www.apfn.org/apfn/queen.htm

Check out all of the articles on this site when you have time:

www.apfn.org

Like this one which is congressional record referring to the bankruptcy, dissolving of, and reorganization of the United States corporation:

http://www.apfn.net/DOC-100_bankruptcy.htm

———————–≈———————–

It is also very hard for most to imagine that the constitution that we hold so dearly is not a very good document. It takes away freedom as much as it grants it. The only true freedom is God-given, natural law, not a peace of paper. Besides, most politicians only take a verbal oath, but they do not turn it in in writing, which is what contracts them to the oath… Big grand jury’s going on up in Utah here about that, since about 75% of our government is not sworn in on paper (lawfully). In fact, one of our smaller towns recently passed a code that says legislatures and government workers are not bound by any oath they take. It is city law in Tremonton, Utah!!!

For instance, why would anyone think that the 5th amendment is a good thing, or even idealistically “constitutional”?

Let’s read and understand the 5th amendment…

http://en.wikipedia.org/wiki/Fifth_Amendment_to_the_United_States_Constitution

“…nor shall be compelled in any criminal case to be a witness against himself, nor be deprived of life, liberty, or property, without due process of law; nor shall private property be taken for public use, without just compensation.”

Notice that the clause “without due process of law” nullifies the statement before it, and “without just compensation” nullifies the statement before it!

This last part is called the “Takings Clause”, and is what eminent domain is largely based on – taking property and land with “just compensation“.

Who decides what “just compensation” is?

Why, the very government that is doing the “taking”!

All of this, right under our noses…

http://www.law.umkc.edu/faculty/projects/ftrials/conlaw/takings.htm

Now to the 13th amendment:

http://en.wikipedia.org/wiki/Thirteenth_Amendment_to_the_United_States_Constitution

Section 1. “Neither slavery nor involuntary servitude, except as a punishment for crime whereof the party shall have been duly convicted, shall exist within the United States, or any place subject to their jurisdiction.”

Section 2. “Congress shall have power to enforce this article by appropriate legislation.”

The statement “except as a punishment for crime whereof the party shall have been duly convicted” nullifies the former and later statement that slavery is illegal. This didn’t outlaw slavery… it legalized state sanctioned slavery while outlawing private individual ownership!

The constitution is full of these “except” clauses, which is why this holy worship of the constitution is ridiculous in my mind, and why it needs to be rewritten for modern times, not just reinstated. For once in history, the problem with a legal document (the constitution) is that it does not have enough small print!!!

Here is my blog about this:

https://realitybloger.wordpress.com/2010/08/15/is-slavery-legal-in-america/

I highly recomend it.

———————–≈———————–

Even worse, the “Federal Prison Industries” website is the “Amway” or “Wallmart” for the corporate U.S. slave prison system, called Unicor. Basically, the private prison system is huge. It relies on the courts to ensure a continuous influx of “prisoners” or “slaves” to build the products which the Federal Prison Industries sells. Think jobs are outsourced to India, check out the jobs outsourced to the prison industry!

Unicor Corporate Overview:

UNICOR, Federal Prison Industries is a self-sustaining, self-funded corporation established in 1934 by executive order to create a voluntary real-world work program to train federal inmates.

Check out Unicor here:

http://www.unicor.gov/

———————–≈———————–

***Also, the most important legal term you can understand is “CONSENT”. This is a must read. It also shows that the whole of the Internal Revenue Code is not statutory law, and in fact is Prima Facie law, meaning it is presumed law, meaning it is only law with the free peoples consent. Please, please read this. It will change your whole perspective on what law is and how it affects you.

https://realitybloger.wordpress.com/2010/12/08/consent-why-the-irs-domestic-and-homeland-security-have-no-lawful-power/

———————–≈———————–

But aren’t the courts there to ensure justice against government tyranny, you know, the whole checks and balances thingy?

The biggest mistake you can make is to get an attorney (plead incompetence and inability to represent yourself, and become a ward of the court) and then go into court to fight anything (consent to the corporate court and its non-statutory legal codes – not law).

Why?

You must understand that the courts are also private corporations. In fact, in Los Angeles they did a freedom of information act and found out that the judges down there build and own the private corporate courts, rent them out to the government for millions of dollars, and write checks on dummy and city “municipal” accounts that are not registered with the IRS! In other words, the court system is a money laundering system. This is happening all over the U.S. It involves the crime families as well, and other corporate structures that would surprise you.

Watch these videos… Though they are of horrible quality and video production, they are very revealing:

Part 1: http://www.youtube.com/watch?v=wtHCIXVb_eo

Part 2: http://www.youtube.com/watch?v=K_lwzj8DY_U&feature=related

Part 3: http://www.youtube.com/watch?v=gKVNKCiGMpM&feature=related

So we see that the courts are indeed private corporations, just like all governments across the country.

———————–≈———————–

One last website to check out…

http://www.usavsus.info/

Understanding the difference between what is lawful and what is legal is paramount. They are two different concepts, one natural law and one corporate law (legality and code) with the peoples’ consent needed.

———————–≈———————–

I could go on and on… but if this doesn’t do the trick, then I am almost all out of tricks. If you haven’t watched The Corporation Nation, now would be the time. The movie will explain the rest, and explain the general accounting system for corporate government, the CAFR.

http://thecorporationnation.com/

My Christmas Gift to you, the gift of truth and comprehension!

Happy New Year everybody…

-Clint Richardson- (realitybloger.wordpress.com)

Saturday, December 18, 2010

35 Comments

by realitybloger on December 18, 2010 • Permalink

Posted in Common Law, Comprehensive Annual Financial Reports, constitution, Government Wealth, Slavery is legal, sovereigncy, Uncategorized, united states, Walter Burien

Posted by realitybloger on December 18, 2010

https://realitybloger.com/2010/12/18/the-united-states-a-corporation/

Consent – Why The IRS, Domestic, And Homeland Security Have No Lawful Power

Is Domestic Security a lawful department of the U.S. Government?

The answer to this question lies within the U.S. CODE that gives the Department of Domestic and Homeland Security its power in the first place…

But what gives this CODE its power?

In this article, I will be referencing the U.S. CODE of the government of the UNITED STATES – a private corporation. All CODES referenced are sourced below each reference.

If you still have any doubt that your government is a corporation, see the indisputable proof here: http://thecorporationnation.com/ or just keep reading… For those skeptics and doubting Thomas types, here is some instant gratification showing the ‘UNITED STATES’ non-representative corporate structure:

≈

TITLE 28—JUDICIARY AND JUDICIAL PROCEDURE

PART VI–PARTICULAR PROCEEDINGS

CHAPTER 176–FEDERAL DEBT COLLECTION PROCEDURE

SUBCHAPTER A–DEFINITIONS AND GENERAL PROVISIONS

§ 3002. Definitions

15) ‘‘United States’’ means—

(A) a Federal corporation;

(Source: http://www.law.cornell.edu/uscode/html/uscode28/usc_sec_28_00003002—-000-.html )

≈

First, let’s look at the most important word in legal code. This powerful and lawful word is the only reason that the majority of our U.S. CODE has any power over us at all…

≈

CONSENT

≈

CONSENT: (v) (law) To acquiesce, agree, approve, assent, to voluntarily comply or yield, to give permission to some act or purpose. Voluntary Acquiescence to the proposal of another; the act or result of reaching an accord; a concurrence of minds; actual willingness that an act or an infringement of an interest shall occur. Consent is an act of reason and deliberation. A person who possesses and exercises sufficient mental capacity to make an intelligent decision demonstrates consent by performing an act recommended by another. Consent assumes a physical power to act and a reflective, determined, and unencumbered exertion of these powers. It is an act unaffected by Fraud, duress, or sometimes even mistake when these factors are not the reason for the consent. Consent is implied in every agreement. (Source: http://legal-dictionary.thefreedictionary.com/consent

ACQUIESCENCE: Conduct recognizing the existence of a transaction and intended to permit the transaction to be carried into effect; a tacit agreement; consent inferred from silence. Acquiescence relates to inaction during the performance of an act.

≈

If you understand the definition of consent, you have a legal weapon more powerful than any physical weapon you can ever carry. For consent is the very act that gives much of our legal statutes and codes their power… and in turn, our code enforcers (police) power over us.

Consent, for legal purposes, is a verbal or attitudinal contract. If a police officer (CORPORATE CODE enforcement officer) tells you that you must obey a code that is not statutory law, you must voluntarily give that police officer power (consent) by agreeing (voluntary acquiescence) to obey him; for your compliance with his request is strictly voluntary. You must volunteer to follow and obey non-statutory law (CODE).

But as we read above, consent can be “inferred from silence”, or even from “inaction”. Therefore, silence does not constitute a lack of consent. Your unwillingness to acquiesce must be made known in a verbal statement (non-contractual denial of authority). For instance:

I do not consent to an unlawful search and seizure.

I do not give you consent to unlawfully search my vehicle or my person.

I do not consent to a full body scan or a full body pat-down.

I do not consent to your Prima Facie code requiring a permit for free speech, as it is my statutory and constitutional right to express free speech and travel unencumbered while on public property, which overrides the non-statutory code that you have just quoted me.

≈

What is PUBLIC PROPERTY?

≈

Public Property: (n) property owned by the government or one of its agencies, divisions, or entities. Commonly a reference to parks, playgrounds, streets, sidewalks, schools, libraries and other property regularly used by the general public. (See: common property http://legal-dictionary.thefreedictionary.com/public+property)

≈

Public Property refers to roadways, highways, sidewalks, airports (the entire airport), and any government held or owned building or business that is paid for by tax-payer money. Technically, all government property should be considered public property. After all, why should government have secrets from the people it represents, let alone property that it owns? It only owns property due to its corporate status. Complete transparency should be an integral part of a just and constitutional republic government…

Since the entirety of the airport was built with tax-payer money, and since the airport is a government building, the entire airport is public property. This means that the passageway to and from the entrance to the ticket counter to the bathroom to the gate all falls under one category: Public Property. Because of this, you have the absolute natural and constitutional right to travel on this public property, without permit, license, or any other form of legality. Law trumps legality every time. The only way you can loose this right is if you consent to the non-statutory CODE, which limits your God-given right to travel, and which requires your voluntary acquiescence to give up this right in lieu of a codified permit, license, or contract.

≈

Statutory Law

-vs-

Prima Facie Law

≈

This is not to say that all code is non-Statutory. In fact, of the 50 “TITLES” in UNITED STATES CODE, only 23 of those TITLES have been enacted into positive law; i.e. legal evidence of law (Congressional Statutory Law). These TITLES are as follows:

1, 3, 4, 5, 9, 10, 11, 13, 14, 17, 18, 23, 28, 31, 32, 35, 36,37, 38, 39, 40, 44, 46, and 49.

(Source: http://www.gpoaccess.gov/uscode/about.html )

≈

Statutory law: Laws, or statutes, enacted by legislatures, such as the New Jersey State Legislature or the United States Congress. (Source: www.judiciary.state.nj.us/njcourts-09.htm)

Statutory law: Law enacted by the legislative branch of government (congress), as distinguished from case law or common law. A statute (i.e. statutory law) is an act of the legislature declaring, commanding or prohibiting something. (Source: www.mnbar.org/mocktrial/2007-08/GLOSSARY%20OF%20LEGAL%20TERMS.doc)

All other TITLES within the federal U.S. CODE (the topic of this writing) are what is called “Prima Facie” evidence of law. Prima facie is not statutory law (not made into law by congress), which means that it is only enforceable via your voluntary consent.

Prima Facie: (Latin) A legal presumption which means on the face of it or at first sight. (Source: http://www.duhaime.org/LegalDictionary/P/PrimaFacie.aspx)

Prima Facie: At first view; on first appearance absent other information or evidence — (Source: S. L. Lynch)

≈

So, now that we have established that more than half of federal U.S. CODE is in fact not statutory law by congressional decree, and is instead a legal presumption which requires voluntary consent, and with an understanding that legal and lawful are two completely different concepts with regards to your consent, lets take a look at the U.S. CODE that covers federal airport security operations: DOMESTIC SECURITY.

The Domestic Security and Homeland Security offices are Federal Executive Agencies (see below), meaning they are Departments created and appointed by the Executive branch of the government (the President). Part of the lawful measures that protect the freedom of the American people against the always evident tyranny of government corruption and absolute power is our system of checks and balances. Because of these checks and balances, any act of the president of the UNITED STATES (Executive Branch) alone or through any Executive office or officer he appoints does not have power over the Free People of America. In other words, the president is not a dictator, and cannot act as one through his appointed officers without congressional authority. This is the greatest of checks and balances…

≈

TITLE 5—GOVERNMENT ORGANIZATION AND EMPLOYEES (TITLE 5 is Statutory Law)

PART I–THE AGENCIES GENERALLY

§ 103. Government corporation

For the purpose of this title—

(1) ‘‘Government corporation’’ means a corporation owned or controlled by the Government of the United States;

(2) “Government controlled corporation” does not include a corporation owned by the Government of the United States.

(Source: http://www.law.cornell.edu/uscode/html/uscode05/usc_sec_05_00000103—-000-.html )

§ 105. Executive agency

For the purpose of this title—

‘‘Executive agency’’ means an Executive department, a Government corporation (see above), and an independent establishment.

(Source: http://www.law.cornell.edu/uscode/html/uscode05/usc_sec_05_00000105—-000-.html )

§ 301. Departmental regulations

The head of an Executive department or military department may prescribe regulations for the government of his department, the conduct of its employees, the distribution and performance of its business, and the custody, use, and preservation of its records, papers, and property. This section does not authorize withholding information from the public or limiting the availability of records to the public.

(Source: http://www.law.cornell.edu/uscode/html/uscode05/usc_sec_05_00000301—-000-.html )

≈

TITLE 5

≈

First, we must note that TITLE 5 is indeed Statutory Law.

SECTION 103 (above) confirms to us that “Executive Agencies”, regardless of their TITLES, are in fact CORPORATIONS – and in paragraph (2), that the federal government does indeed “control” corporations and also “owns” corporations.

SECTION 105 (above) then confirms that “Executive agencies” are the same as and are defined as “Executive Departments”, which are in fact “Government Corporations”.

SECTION 301 (above) then tells us what these “Executive Departments” (Government Corporations) have authority to do by this Statutory Law (as defined in TITLE 5 of U.S. CODE). And so we can see that these Presidential appointed “Executive Departments” only have the authority by congress to make regulations within the bounds of the Presidents’ own appointed Executive Agency, and not outside of said Executive Department, and definitely not for or over the free American people without their consent. “Executive Departments” and their appointed officials have no authority over the free people granted from within this TITLE (5), and only have been granted power over the “employees” within that Executive Department.

In other words, the law (CODE) states that the head of an Executive Agency or Executive Department can only make regulations for and within his own agency, not for and within the Free People of America.

And this is where CONSENT comes in to play. For it is simply your consent that gives these codified non-statutory presumed laws and the code-enforcement officers who enforce them authority over you. Without your consent, they are literally powerless. They have no authority without your consent.

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Executive DOMESTIC SECURITY Department

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DOMESTIC SECURITY and most of its presumed authority and legality, and therefore its power, is in TITLE 6. Title 6 is not one of the 23 TITLES of U.S. CODE enacted into “Positive” or Statutory Law. So, nothing in TITLE 6 is in fact statutory law, and therefore it requires voluntary compliance through your consent. Also, in TITLE 6, you’ll find much of the regulation and power related to “HOMELAND SECURITY”.

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TITLE 6—DOMESTIC SECURITY (remember, TITLE 6 is not Statutory Law)

CHAPTER 4–TRANSPORTATION SECURITY

SUBCHAPTER I–TRANSPORTATION SECURITY PLANNING AND INFORMATION SHARING –

Reference to: EXECUTIVE ORDER NO. 13416. STRENGTHENING SURFACE TRANSPORTATION SECURITY -George W Bush

      Ex. Ord. No. 13416, Dec. 5, 2006, 71 F.R. 71033

§ 1101(c) ‘‘security guideline’’ means any security-related guidance that the Secretary recommends, for implementation on a voluntary basis, to enhance the security of surface transportation

(Source: http://uscode.house.gov/download/pls/06C4.txt )

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Note: An Executive Order is an order that is not approved by Congress. It is an act solely of and by the President of the Corporation of the UNITED STATES that is not Staturtory Law nor constitutional. Since we have already established that the President is not a Dictator, these Executive Orders and Presidential Directives only apply to the Executive branch of the corporate Federal government and departments within, and only have authority over the Free People with their (your) consent!

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Here in black and white it is written in U.S. CODE that the TSA’s security-related guidance is in fact voluntary, meaning its power derives from your consent to give up your constitutional rights and allow this Executive Department to have the power to violate your God-given and 4rth amendment rights.

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TITLE 6—

CHAPTER 1–HOMELAND SECURITY ORGANIZATION (not statutory law)

SUBCHAPTER 1 – DEPARTMENT OF HOMELAND SECURITY

§ 111 Executive department; mission

(a) Establishment

There is established a Department of Homeland Security, as an executive department of the United States within the meaning of title 5.

(Source: http://www.law.cornell.edu/uscode/html/uscode06/usc_sec_06_00000111—-000-.html )

§ 112. Secretary; functions

(a) Secretary

(1) In general; There is a Secretary of Homeland Security, appointed by the President, by and with the advice and consent of the Senate.

(2) Head of Department – The Secretary is the head of the Department and shall have direction, authority, and control over it.

(Source: http://www.law.cornell.edu/uscode/html/uscode06/usc_sec_06_00000112—-000-.html )

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Section 112 states that the Department of Homeland Security is an Executive Department of the United States, as defined in TITLE 5. This means that the Department of Homeland Security is a Government Corporation, appointed by the President, who is not a dictator, and therefore this Executive Department requires consent by the Free People to have power and authority over those people. The Department of Homeland Security is not constitutionally lawful, as it is not consented to and made Statutory by congress.

Since the Secretary of Homeland Security is appointed by the President (with only the Senates’ consent), and indeed not the consent and approval of the Congress, and since this appointment is in TITLE 6 which is not Statutory Law, this tells us that there is no Congressional power behind the Secretary of Homeland Security over the actual Free People of America. In fact, the “Executive Departments” known as Domestic and Homeland Security has no authority over anyone outside of their own agency and employees. Remember… Washington D.C. (the Federal Government) is a 10 mile patch of land in the District of Columbia, and it is not located in and is not a part of the united states of America. It is a separate entity. A corporation. A country within a country.

To put this into perspective… let’s look at another Executive appointed office within the Executive branch of government. The President of the corporation of the UNITED STATES has appointed an executive department for the care of current corporate President Obama’s dog (the “first dog”). This department has the job of taking care of and grooming this dog, and is paid an over $100,000 salary plus $45,000 in benefits. But that is where his and his Executive appointed Departments’ power ends. He does not have the power to take care of your dog, and he certainly doesn’t have the power to force you or your dog to do anything you don’t want to do. But then, he might ask you or even tell you forcibly that he is going to feed, brush, and groom your dog! And if you wanted him to, all you’d have to do is to give Him and his “Executive Department” permission (consent) to do so, be it by verbal permission or lack of declaration of non-consent (inaction). Likewise, the Executive Departments of Domestic Security and of Homeland Security have no power to force you to do anything, especially to grope and hand-rape you and your children or to force you to walk through radiation expelling DNA destroying cancer causing devices… unless you give them permission (consent).

Remember, the President is not a Dictator due to governments checks and balances! And because of this, the President cannot dictate power over the Free People through any appointed office or political appointee. He is only in charge of the federal government as President of the CORPORATION. There are only two persons in the Executive Branch of government who have the peoples authority over the Executive Branch, but not over the people themselves: The President and the Vice President of U.S. INC. Every other officer, office, department, military branch (army, navy, air force, marines, coast guard, national guard etc…), and any other political appointment by the President has no authority over you, a free and natural man or woman – without your consent.

I cannot stress this enough. Your consent is the only thing that gives these bullies any power. This single word is the most powerful weapon in your arsenal against mislaid tyranny. It is a shield against the presumption of law, known as legality, or Prima Facie law.

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The DEPARTMENT OF TRANSPORTATION

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TITLE 49—TRANSPORTATION (TITLE 49 is Statutory Law)

SUBTITLE I–DEPARTMENT OF TRANSPORTATION

§ 102. Department of Transportation

(a) The Department of Transportation is an executive department of the United States Government at the seat of Government.

(b) The head of the Department is the Secretary of Transportation. The Secretary is appointed by the President, by and with the advice and consent of the Senate.

…….Note: Also very interesting in this section…….

…….An office to mitigate the effects of Climate Change (Chemtrails?)…….

(g) Office of Climate Change and Environment.—

(1) Establishment.— There is established in the Department an Office of Climate Change and Environment to plan, coordinate, and implement—

(A) department-wide research, strategies, and actions under the Department’s statutory authority to reduce transportation-related energy use and mitigate the effects of climate change; and

(B) department-wide research strategies and actions to address the impacts of climate change on transportation systems and infrastructure.

(2) Clearinghouse.— The Office shall establish a clearinghouse of solutions, including cost-effective congestion reduction approaches, to reduce air pollution and transportation-related energy use and mitigate the effects of climate change.

(h) The Department shall have a seal that shall be judicially recognized.

(Source: http://www.law.cornell.edu/uscode/html/uscode49/usc_sec_49_00000102—-000-.html )

TITLE 49—TRANSPORTATION

SUBTITLE VII–AVIATION PROGRAMS

§ 40103. Sovereignty and use of airspace

(2) A citizen of the United States has a public

right of transit through the navigable airspace.

(Source: http://www.law.cornell.edu/uscode/html/uscode49/usc_sec_49_00040103—-000-.html )

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TITLE 49 is in fact Statutory Law by order of Congress, according to the list of U.S. CODES that are law above.

SECTION 102 states plainly that the DEPARTMENT OF TRANSPORTATION is in fact an “Executive Department” – meaning it is a corporation that was appointed by the Executive Branch. And in Paragraph (B) it states that the Secretary of Transportation is an Executive (Presidential) appointed office with only the consent of the Senate, not of the congress. This makes the office of Secretary of Transportation Executive non-Statutory Law, and assigns no power over the Free People to this office or its Secretary.

SECTION 40103 in SUBTITLE 7 states that it is Statutory Law that transit through the “navigational airspace” is in fact a right, and not a privilege. This is important, because it reinforces the natural and constitutional right to travel freely by the American people, without permission, permit or regulation, throughout the land (and airspace). This TITLE is actually beneficial to the Free People, as this CODE recognizes the Free Peoples’ ability to travel as a right, not a privilege, and makes that a law – which severely cripples the “States” authority over you!

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What is a RIGHT?

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Public Right (as quoted in SECTION 40103): (n.) a right created by the legislature that may be exercised against the government. (Source: http://research.lawyers.com/glossary/public-right.html)

Right: (n.) – 1) an entitlement to something, whether to concepts like justice and due process, or to ownership of property or some interest in property, real or personal. These rights include various freedoms, protection against interference with enjoyment of life and property, civil rights enjoyed by citizens such as voting and access to the courts, natural rights accepted by civilized societies, human rights to protect people throughout the world from terror, torture, barbaric practices and deprivation of civil rights and profit from their labor, and such American constitutional guarantees as the right to freedoms of speech, press, religion, assembly and petition.

2) (adj.) just, fair, correct.

Right: In an abstract sense, justice, ethical correctness, or harmony with the rules of law or the principles of morals. In a concrete legal sense, a power, privilege, demand, or claim possessed by a particular person by virtue of law… In Constitutional Law, rights are classified as natural, civil, and political. Natural rights are those that are believed to grow out of the nature of the individual human being and depend on her personality, such as the rights to life, liberty, privacy, and the pursuit of happiness. (Source: http://legal-dictionary.thefreedictionary.com/Right)

So in general, a right can never be restricted. If it is restricted by your consent to a contract, legality, etc… then it is no longer a RIGHT, but a PRIVILEGE granted by government (the State). Again, CONSENT must be given to turn a right into a privilege, through verbal contract or a lack of verbal non-consent, or through a written contract (permit, license, etc…) which you sign, giving up your rights for the privilege to do something, like traveling freely in a car as a natural right -vs- driving a car with a license, which is a contractual permission to drive from the state and permission (consent) by you to be punished for not obeying their rules under contractual law.

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The “STATE” and the “UNITED STATES”

-vs-

The Republic and the 50 states united

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It is important to understand what the corporate U.S. CODE defines as “the State”, and how that relates to the 50 states that form the Republic of the united states of America.

You must remember that U.S. CODE is the code writen for the corporation that is UNITED STATES INC. It is the system of law set up for the federal corporation to follow. This corporate structure was created to build a legal bridge over the lawful constitution for the united states of America, whereas the corporation of the same name, UNITED STATES INC, can operate outside of that constitution. And they created the corporate equivalent of the constitution through such tools as U.S.CODE.

Read the following very carefully…

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TITLE 28—JUDICIARY AND JUDICIAL PROCEDURE

PART VI–PARTICULAR PROCEEDINGS

CHAPTER 176–FEDERAL DEBT COLLECTION PROCEDURE

SUBCHAPTER A–DEFINITIONS AND GENERAL PROVISIONS

§ 3002. Definitions

(14) ‘‘State’’ means any of the several States, the District of Columbia, the Commonwealth of Puerto Rico, the Commonwealth of the Northern Marianas, or any territory or possession of the United States.

(15) “United States” means—

(A) a Federal corporation;

(B) an agency, department, commission, board, or other entity of the United States; or

(Source: http://www.law.cornell.edu/uscode/html/uscode28/usc_sec_28_00003002—-000-.html )

TITLE 4–FLAG AND SEAL, SEAT OF GOVERNMENT, AND THE STATES

CHAPTER 4–THE STATES

Sec. 110. Same; definitions

(a) The term “person” shall have the meaning assigned to it in section 3797 of title 26.

(d) The term “State” includes any Territory or possession of the United States.

(e) The term “Federal area” means any lands or premises held or acquired by or for the use of the United States or any department, establishment, or agency, of the United States; and any Federal area, or any part thereof, which is located within the exterior boundaries of any State, shall be deemed to be a Federal area located within such State.

(Source: http://www.law.cornell.edu/uscode/html/uscode04/usc_sec_04_00000110—-000-.html )

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Once again, the U.S. CODE states irrevocably that the term “United States” is defined as a Corporation – In this case a “Federal Corporation”. This Federal Corporation was created strategically, to build a legal bridge over and bypass the real lawful declaration of independence and the constitution. This is not to say that the original constitution for the united states of America is not still in effect, but it is to say that as consenting citizens of the UNITED STATES as a corporation, we are bound by the corporation of the UNITED STATES and by its corporate rules, codes, legalities, and therefore its punishments, taxes, and fines as long as we consent and continuously enter into voluntary acquiescence of IT’S contracts, licenses, permits, and other contractually binding documents via our social security numbers (which are our livestock informational ownership ID’s)…

The word “State” is being defined here as anything other that the actual geographical land and Free People of the united states of America, and is being defined as all territory and PROPERTY of the corporation of the UNITED STATES. Here the “States” are not any of the 50 states of the constitutional republic. “States” in this CODE refers to something which belongs as property (a corporate term) to the UNITED STATES INC, the corporation. No state of the union is owned by the federal government according to the constitution, and no part of any of the 50 States is owned by the United States, for that would be against the precepts of the Constitution and the very foundation of the republic and the intentions of and enumerated powers of the federal government.

Paragraph (a) states that a “person” is defined elsewhere. After following the breadcrumb trail, I finally arrived here:

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TITLE 26–INTERNAL REVENUE CODE

SUBTITLE F–PROCEDURE AND ADMINISTRATION

CHAPTER 79–DEFINITIONS

§ 7701. Definitions

(a) When used in this title, where not otherwise distinctly expressed or manifestly incompatible with the intent thereof—

(1) Person

The term “person” shall be construed to mean and include an individual, a trust, estate, partnership, association, company or corporation.

(14) Taxpayer

The term “taxpayer” means any person subject to any internal revenue tax.

(Source: http://www.law.cornell.edu/uscode/html/uscode26/usc_sec_26_00007701—-000-.html )

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TITLE 26–INTERNAL REVENUE CODE

(Source: http://www.law.cornell.edu/uscode/html/uscode26/usc_sup_01_26.html )

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Wow! This is the big one!!!

TITLE 26, which holds the INTERNAL REVENUE CODE that is used by the Internal Revenue Service as the basis to tax, steal, imprison, subjugate, and ruin the lives of many Americans… IS NOT STATUTORY LAW. IT REQUIRES CONSENT!

This means that the entire basis for the Income Tax levied on the people of America is strictly voluntary! You enter into an agreement with the IRS tax forms you fill out.

If the word “taxpayer” as defined above in paragraph (14) is any “person” as defined above in paragraph (1) that is “subject to any internal revenue tax”, and if the U.S. CODE requires consent for the so defined “person” to be subject to any authority presented by the IRS and it’s non-Statutory, Prima Facie INTERNAL REVENUE CODE, then no individual Free Man or Woman in America is required to pay and income tax on their wages earned, unless they consent to doing so by signing the corporate IRS and IRC paperwork that binds them to the tax.

This is not the case with individual “persons” who own corporations, for the corporation is an artificial person, which is not a Free Man or Woman, given permission to exist by the U.S.CODE, and must obey these CODES as required in the INTERNAL REVENUE CODE listed above. It is not the individual “person” that owes the tax, but is instead the corporation for which that real “person” owns.

The question is, can that individual “person” be held responsible for paying Income Taxes to the IRS for their Corporation out of their own income from said Corporation. Is this not just a paycheck similar to every other “person’s” income, written by a separate entity called a corporation – an artificial person?

This is an interesting paradox… Can you be held accountable for your corporation’s debt to the IRS if the corporation is not you, a Free Man or Woman, but indeed a separate (artificial) “State”-created person altogether?

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TITLE 5–GOVERNMENT ORGANIZATION AND EMPLOYEES

PART I–THE AGENCIES GENERALLY

§ 103. Government corporation – For the purpose of this title—

(1) ‘‘Government corporation’’ means a corporation owned or controlled by the Government of the United States

(Sourced above)

TITLE 31—MONEY AND FINANCE

SUBTITLE I–GENERAL

§ 103. United States – In this title, ‘‘United States’’, when used in a geographic sense, means the States of the United States and the District of Columbia.

(Source: http://www.law.cornell.edu/uscode/html/uscode31/usc_sec_31_00000103—-000-.html )

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TITLE 5, repeated here from above, once again shows that the United States, for which TITLE 28 defines as a Federal Corporation, now helps to define what the word “State” means in this U.S. CODE. TITLE 5 helps to define the word “State” as a Government Corporation.

TITLE 31 is statutory Law. This TITLE declares that the “United States” are the 50 “States” (government corporations) of this “Federal Corporation”.

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TITLE 18–CRIMES AND CRIMINAL PROCEDURE (Statutory Law)

PART I–CRIMES

CHAPTER 109–SEARCHES AND SEIZURES

Sec. 2236. Searches without warrant

Whoever, being an officer, agent, or employee of the United States or any department or agency thereof, engaged in the enforcement of any law of the United States, searches any private dwelling used and occupied as such dwelling without a warrant directing such search, or maliciously and without reasonable cause searches any other building or property without a search warrant, shall be fined under this title for a first offense; and, for a subsequent offense, shall be fined under this title or imprisoned not more than one year, or both.

This section shall not apply to any person–

(a) serving a warrant of arrest; or

(b) arresting or attempting to arrest a person committing or attempting to commit an offense in his presence, or who has committed or is suspected on reasonable grounds of having committed a felony; or

(Source: http://www.law.cornell.edu/uscode/html/uscode18/usc_sec_18_00002236—-000-.html )

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TITLE 18 is Statutory Law. Simply stated, paragraph (c) tells us that we have no recourse against the Agency Agent (TSA, Policeman, etc.) if we give our consent to be searched, meaning they can touch us anywhere and however the want if we consent to a search, and the fact that you do not deny your consent means that you are indeed granting consent to search and seizure, by which consent eliminates this protective CODE – as stated above in paragraph (c): “This section shall not apply to any person–making a search at the request or invitation or with the consent of the occupant of the premises.” This cancels this statute in court for use as in your defense, because your consent relieved any protective aspect of this statutory law. They could rape you because you gave consent, and this Statutory Law (CODE) would stop a courts’ ruling of rape, calling that rape or molestation a “consensual search”. VERY IMPORTANT!!!

By denying consent to be searched and/or to have your property seized by this Government Corporation/Executive Department, IT has no right or authority to interact with you, detain you, or block your way to freely travel without reasonable proof of a commitment of a felony, or in order to serve a warrant for your arrest (and a warrant would take a long time to acquire from a court).

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Recap

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Nobody has the right to see or check your plane ticket or ID but the airline in which you are doing business with. Only an airline representative can request your ticket. Unless the TSA and police have probable cause to detain you, you are not bound by these corporate code enforcement officers if you do not consent and acquiesce to their presumed authority. Consent and non-consent must be verbally stated, as inaction and silence can be considered as consent. Do not be intimidated by these power-hungry thugs in Federal Corporation U.S. INC uniforms. Remember, their power is delegated by Statutory Law only to the 10 mile non united states of America piece of land called Washington D.C, and only within their own federal department – not over you as a Free and Sovereign man or woman. Stand your ground. Fear and intimidation are the only power they have. Without it, and without your consent, they are powerless – but only if you so declare.

If these Executive appointed federal government corporate workers threaten or try to intimidate you by standing in your way or telling or asking you to wait for a supervisor, do not comply. Simply state that you are a Sovereign man or woman, that you do not consent, that you do not give that federal employee any authority over you or your children (or property), and that they may not impede your God-given and constitutional right to travel nor violate any of your natural rights. Then politely ask if you are being detained, and am I free to be on my way.

You may also let the federal corporate employee know that you intend to sue them and their department head’s bond at a certain dollar amount ($100 per minute, for example) if they interfere with your free right to travel on public property by contractually and forcibly detaining you (by verbally claiming authority to halt your free travel despite your non-consent to their authority to do so).

Film this process. A video camera is your best defense and offense, and these thugs do not like being filmed. Video footage of this exchange is your record and evidence of your lack of consent in a court of law.

If they still intimidate you, follow up with a taste of their own medicine… State that you are warning them that anything that you say and do to me or my family can and will be used against you in a Court of Law, a Common Law Court, and as evidence for a Grand Jury.

And most important, do not answer any questions posed to you by these Federal Employees. You have the right to remain silent! Remember, they have no authority or rule of law on their side to interact or ask you anything without your consent. Answering their questions could be construed by them and by a corporate judge in a court of law as consent.

And remember, your local police and Airport Police work for the municipal corporation that is acting as a government in your city or county. They are corporations as well, making them corporate police or code enforcers. They need your consent too. They cannot detain you or restrict your movement without violating the warning you just gave them. You are a free traveler. You do not consent to their questions or their unlawful interference with your freedom of travel in a public place. Again, you are not required to answer their questions as you have the right to remain silent. Your answers can be misconstrued as consent to their authority over you, and you must verbally acknowledge that you do not consent (the only reason to break your silence).

Be polite. Never become confrontational, rude, or arrogant. A confident attitude mixed with a polite and straight-forward attitude is a winner every time. Do not get tricked into a “friendly conversation” or banter with a corporate code enforcement thug. It will only lead to frustration, argument, and possible unwitting consent. These guys are trained to trip up people like you – free people claiming their rights above corporate tyranny.

If you do not let the situation escalate, and instead control the conversation by simply not consenting to have a conversation or answer any questions, you are free to go by law and Statutory Law.

Warning: they may not step out of your way. They may stand in front of you and not say anything or that you are free to go to intimidate you further. They will tell you, however, if you are being detained. It is a chess game. If they step aside or if they do not, you should just start walking to your destination. Their consent to your rights is their inaction to detain you.

Remember, the courts are private corporations, often owned outright by the very judges who rule the court, and rent that court to the corporate government municipality unlawfully. These “judges” are corporate attorneys in fancy black robes, who work for the corporate government of the United States, and will always rule in favor of the “city”, “county”, or “state” corporation he works for. An attorney will never represent you in court. An attorney is there to ensure the continuity of court procedure, and by taking an attorney as representation for yourself in court, you have just contractually admitted to the corporate court that you are unfit and too mentally unstable to represent yourself in court. You are then a ward of the court. This is consent of the judicial system, which again is part of the corporation. Every judge works for the United States Corporation, and therefore his first interest is always to protect the corporate interest, to not set precedent that could be beneficial to Sovereignty and freedom, and is never concerned with justice for the people including yourself.

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FEMA Camps, Oh My!

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Now, some of you may be thinking, after years of fear and conditioning, that Homeland Security might throw you into a FEMA camp for such disregard of corporate legality and authority over your freedom. But guess what? FEMA is in TITLE 6, is an Executive Department, is not Statutory Law, and requires your consent of authority!

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TITLE 6–DOMESTIC SECURITY (TITLE 6 is not Statutory Law)

CHAPTER 1–HOMELAND SECURITY ORGANIZATION

SUBCHAPTER V–NATIONAL EMERGENCY MANAGEMENT

§ 313. Federal Emergency Management Agency

(a) In general

There is in the Department the Federal Emergency Management Agency, headed by an Administrator.

(Source: http://www.law.cornell.edu/uscode/html/uscode06/usc_sec_06_00000313—-000-.html )

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Constitutional Corporate Statutory Law?

Oxymoron?

Paradox?

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One question remains… Even though some of these U.S. CODES exist in the Congressional Statutory realm of Law, can a corporation – a private for-profit non-representative corporation – enact any law over the Free and Sovereign people of the republic of the united states of America without their consent?

Constitutionally speaking… No.

The powers of the Federal Government are specifically enumerated in the constitution.

More importantly, nowhere does it mention that a vile corporation should be given power to take the place of this constitutionally created representative federal government and then enact laws and CODES which break free of these enumerated powers. Therefore, if we examine the source of this U.S. CODE, no office in the Federal Government can have lawful power over the people unless it is consented to by the Free People, simply because the whole of the private Corporation known today as the Federal Government of the UNITED STATES is not a constitutional entity. Thus even the Statutory Laws based on U.S. CODE are not constitutional, and therefore require our consent as Free People. No corporation can be government, nor can a private corporation nor their corporate code-enforcement police force have power over the people without our contractual consent.

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Learn the Law!

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For more information, and for much of the source of this info (with my gratitude), please visit this website: ( https://docs.google.com/document/pub?id=1NKPsi1ofhiMmavI5hi3z_zYOEeWM9b4JSiSfeL64pd0 ) and his new YouTube Channel: (http://www.youtube.com/user/donotconsent83) which will be updated periodically with more of this type of information.

Also, you’ll find that many Federal Executive Departments in fact have no authority except by your consent if you start on your own journey of researching U.S.CODE. Health and Human Services, Child Protective Services, Terrorism Protection, Military, and many more unconstitutional Executive corporate structures that have no Statutory Law to back up their powers.

To access and search the corporate U.S.CODE, go here: ( http://www.gpoaccess.gov/uscode/index.html ) and here: ( http://www.law.cornell.edu/uscode/ )

Yours in freedom and constitutional Sovereign liberty,

Clint Richardson (realitybloger.wordpress.com)

Wednesday, December 8, 2010

26 Comments

by realitybloger on December 8, 2010 • Permalink

Posted in Common Law, Comprehensive Annual Financial Reports, congress, constitution, Declairation of Independence, End The Fed, Government Wealth, Homeland Security, National Opt Out Day, sovereigncy, TSA Full Body Scanners, Uncategorized, united states

Posted by realitybloger on December 8, 2010

https://realitybloger.com/2010/12/08/consent-why-the-irs-domestic-and-homeland-security-have-no-lawful-power/

National Opt Out Day: The most important story you missed

Think you live in a free country?

You’ll think again after seeing this:

Part 1:

Now watch as the media spins this and makes us look ineffectual. This is why you should never trust your major media, which is owned through collective government investments by the very governments (private corporations) who are destroying our way of life:

Part 2:

November 24, 2010 was the national opt-out day across America, where individual citizens like myself in groups like We Are Change went to airports on our own time and protested the TSA’s blatant and unconstitutional use of unreasonable searches and seizure… and of cancer causing and DNA destroying full body scanners on innocent travelers.

I learned something very important on this day.

I learned that the Airport Police and other government agencies (private corporations) for which these police work for require you to get a permit to protest not because they are keeping the peace, but because they have no authority over the people who wish to exercise their right of free speech unless we enter into a contract – known as a permit or license – for which we are then required to follow the rules and regulations of that permit, since it is a signed contract between you and the private corporate government.

Without it, because I refused to acquire one, these police could not detain or remove me. For if they did, there would be no law or code broken, no crime committed, and therefore no charges to file against me… BECAUSE I WAS NOT UNDER CONTRACT (PERMIT)!

In the video above, the policeman who admittedly works for the Salt Lake City Corporation, a private for-profit corporation (municipality) acting in lieu of my city government, told me that “free speech is not absolute” and that I would need a permit to practice my free speech anywhere in the city, even on my own street. And yet I have Mormons, Girl Scouts, Students, and all sorts of salesmen and activists coming to my door trying to sell me one thing or another. Do they all need permits as well? The other policeman agreed that he’d beat my head in if he was told to do so because hey, “you gotta feed your family somehow”.

This smells like a lawsuit to me! What do you think? Comment below…

Here is the information sheet (front and back) that I was passing out…

Note: To download the paper, click here:

M.Word document: Opt Out

PDF document: Opt Out

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Opt Out!

The Facts About The Whole Body Imager Device

Is It Constitutional?

The 4th amendment to the constitution specifically states:

“The right of the people to be secure in their persons, houses, papers, and effects, against unreasonable searches and seizures, SHALL NOT BE VIOLATED, and Warrants shall not be issued, but upon probable cause, supported by Oath or affirmation, and particularly describing the place to be searched, and the persons or things to be seized.”

Is It Stopping Terrorism?

Thousands of illegal immigrants come across the southern border of these United States unchallenged, while an honest American cannot go about his own country without being subjugated to an illegal search and seizure at the airport, and get molested by TSA agents for declaring their rights to “Opt-Out”.

Is It Photographing And Storing Your Naked Photos?

“It will show the private parts of people, but what we’ve decided is that we’re not going to blur those out, because it severely limits the detection capabilities… It is possible to see genitals and breasts while they’re going through the machine…” -Cheryl Johnson- Office of Transport Security manager

These “devices are designed and deployed in a way that allows the images to be routinely stored and recorded, which is exactly what the Marshals Service is doing… We think it’s significant.” -EPIC executive director Marc Rotenberg in interview with CNET

“Approximately 35,314 images… have been stored on the Brijot Gen2 machine…” used in the Orlando, Fla. Federal Courthouse. -William Bordley- Associate General Counsel with the Marshals Service

A 70-page document showing the TSA’s procurement specifications, classified as “sensitive security information” says that, in some modes the scanner must “allow exporting of image data in real time” and provide a mechanism for “high-speed transfer of image data” over the network. It also says that image filters will “protect the identity, modesty, and privacy of the passenger.” –Procurement Specification For Whole Body Imager Devices For Checkpoint Operations, report by U.S. Department of Homeland Security, TSA

TSA spokeswoman Sari Koshetz lied to CNET, stating that the agency’s scanners are delivered to airports with the image recording functions turned off. “We’re not recording them… I’m reiterating that to the public. We are not ever activating those capabilities at the airport”

Can These Scanners Cause Cancer?

“Some studies reported significant genetic damage while others, although similar, showed none…” -Boian Alexandrov- Center for Nonlinear Studies at Los Alamos National Laboratory in New Mexico

Although the forces generated from these scanners are tiny, resonant effects allow THz waves to unzip double-stranded DNA, creating bubbles in the double strand that could significantly interfere with processes such as gene expression and DNA replication. Translation: It destroys your DNA! -Boian Alexandrov- Center for Nonlinear Studies at Los Alamos National Laboratory in New Mexico

“…any X-ray photon may be the one which sets in motion the high-speed, high energy electron which causes a carcinogenic or atherogenic (smooth muscle) mutation. Such mutations rarely disappear. The higher their accumulated number in a population, the higher will be the population’s mortality rates from radiation-induced cancer and ischemic heart disease.” -Dr. John Gofman- Professor Emeritus of Molecular and Cell Biology, University of California, Berkeley.

Gofman’s studies indicate that radiation from medical diagnostics and treatment is a causal co-factor in 50 percent of America’s cancers and 60 percent of our ischemic (blood flow blockage) heart disease. He stresses that the frequency with which Americans are medically X-rayed “makes for a significant radiological impact”. -Dr. John Gofman- Professor Emeritus of Molecular and Cell Biology, University of California, Berkeley.

Children and passengers with gene mutations – around one in 20 of the population – are more at risk as they are less able to repair X-ray damage to their DNA. The most likely risk from the airport scanners is a common type of skin cancer called basal cell carcinoma. -Dr. David Brenner- head of Columbia University’s Centre For Radiological Research

“If all 800 million people who use airports every year were screened with X-rays then the very small individual risk multiplied by the large number of screened people might imply a potential public health or societal risk. The population risk has the potential to be significant… If there are increases in cancers as a result of irradiation of children, they would most likely appear some decades in the future. It would be prudent not to scan the head and neck… There really is no other technology around where we’re planning to X-ray such an enormous number of individuals. It’s really unprecedented in the radiation world.” -Dr. David Brenner- head of Columbia University’s Centre For Radiological Research

“They say the risk is minimal, but statistically someone is going to get skin cancer from these X-rays… No exposure to X-ray is considered beneficial. We know X-rays are hazardous but we have a situation at the airports where people are so eager to fly that they will risk their lives in this manner…” -Dr Michael Love-, Department of Biophysics and Biophysical Chemistry at Johns Hopkins University School of Medicine

“While the dose would be safe if it were distributed throughout the volume of the entire body, the dose to the skin may be dangerously high,” they wrote. “We still don’t know the beam intensity or other details of their classified system…” -John Sedat- Biochemist, University of California, San Francisco (UCSF)

“Collectively, the radiation doses from the scanners incrementally increase the risk of fatal cancers among the thousands or millions of travelers who will be exposed, some radiation experts believe… We don’t have enough information to make a decision on whether there’s going to be a biological effect or not.” -Douglas Boreham- professor in medical physics and applied radiation sciences at McMaster University in Hamilton, Ontario

“The thing that worries me the most, is not what happens if the machine works as advertised, but what happens if it doesn’t” -Peter Rez- Arizona State University

“[We] cannot exclude the possibility of a fatal cancer attributable to radiation in a very large population of people exposed to very low doses of radiation.” -National Council on Radiation Protection and Measurements, from a 2002 report that studied these security devices.

“Based on our results we argue that a specific terahertz radiation exposure may significantly affect the natural dynamics of DNA, and thereby influence intricate molecular processes involved in gene expression and DNA replication.” -Technology Review article from: http://arxiv.org/abs/0910.5294

In other words… millimeter wave scanning devices may damage your DNA!

Report by Clint Richardson of We Are Change Utah (wearechangeutah.org) with references provided for your own research.

–≈–

Reprint [begin excerpt]

Update: Here’s a bit of code you should look into and ask your self… why is the United States government immune to this???

http://www.law.cornell.edu/uscode/html/uscode18/usc_sec_18_00002332—h000-.html

TITLE 18 > PART I > CHAPTER 113B > § 2332h
§ 2332h. Radiological dispersal devices

(a) Unlawful Conduct.—

(1) In general.— Except as provided in paragraph (2), it shall be unlawful for
any person to knowingly produce, construct, otherwise acquire, transfer directly
or indirectly, receive, possess, import, export, or use, or possess and threaten
to use —

(A) any weapon that is designed or intended to release radiation or
radioactivity at a level dangerous to human life; or

(B) any device or other object that is capable of and designed or intended to
endanger human life through the release of radiation or radioactivity.

(2) Exception.— This subsection does not apply with respect to—

(A) conduct by or under the authority of the United States or any department or agency thereof; or

(B) conduct pursuant to the terms of a contract with the United States or any department or agency thereof.

(b) Jurisdiction.— Conduct prohibited by subsection (a) is within the jurisdiction of the United States if—

(1) the offense occurs in or affects interstate or foreign commerce;

(2) the offense occurs outside of the United States and is committed by a national of the United States;

(3) the offense is committed against a national of the United States while the national is outside the United States;

(4) the offense is committed against any property that is owned, leased, or used by the United

States or by any department or agency of the United States, whether the property is within or outside the United States; or

(5) an offender aids or abets any person over whom jurisdiction exists under this subsection in committing an offense under this section or conspires with any person over whom jurisdiction exists under this subsection to commit an offense under this section.

(1) In general.— Any person who violates, or attempts or conspires to violate,
subsection (a) shall be fined not more than $2,000,000 and shall be sentenced to
a term of imprisonment not less than 25 years or to imprisonment for life.

(2) Other circumstances.— Any person who, in the course of a violation of
subsection (a), uses, attempts or conspires to use, or possesses and threatens
to use, any item or items described in subsection (a), shall be fined not more
than $2,000,000 and imprisoned for not less than 30 years or imprisoned for
life.

(3) Special circumstances.— If the death of another results from a person’s
violation of subsection (a), the person shall be fined not more than $2,000,000
and punished by imprisonment for life.

[end excerpt]

Sent by:
/s/ Paul Andrew Mitchell, B.A., M.S.
Private Attorney General, 18 U.S.C. 1964
http://www.supremelaw.org/decs/agency/private.attorney.general.htm
http://www.supremelaw.org/reading.list.htm
http://www.supremelaw.org/index.htm (Home Page)
http://www.supremelaw.org/support.policy.htm (Support Policy)
http://www.supremelaw.org/guidelines.htm (Client Guidelines)
http://www.supremelaw.org/support.guidelines.htm (Policy + Guidelines)

–≈–

.
.

Clint Richardson (realitybloger.wordpress.com)

Sunday, November 28, 2010

12 Comments

by realitybloger on November 28, 2010 • Permalink

Posted in National Opt Out Day

Tagged 1st amendment, airport police, backscatter, cancer causing radiation, clint richardson corporation nation, full body scanner, homeland security airport, national opt out day, security checkpoint, the corporation nation, We Are Change, we are change utah

Posted by realitybloger on November 28, 2010

https://realitybloger.com/2010/11/28/national-opt-out-day-the-most-important-story-you-missed/

The Naked Body Scan Picture Hoax

I just found something very interesting, and I’m not the first…

When the infamous picture came out with the portrait of the naked woman from a body scanner that showed full frontal nudity, the media outlet responsible chose a beautiful well-endowed woman who looked like she could be a model.

Then, someone claimed to have reversed the picture to make it appear that they had found a great conspiracy – the body scanners were in fact an almost perfect naked image of the human body!

Naturally, Alex Jones and Infowars were one of the first scare-mongers to pick this story up, proceeding to rant and rave about how “they” are going to oooogle and gooogle over your naked body scans as well.

But guess what? The whole thing was a fake!!!

As it turns out, that beautiful woman with the lovely breasts who looked like she could have been a model… was in fact, a model! Someone bought that picture from a German website called (f1online.de) and photo-shopped it to look like an X-Ray picture.

But then someone took that photo from this website and photo-shopped it to make it look like a reverse processing of the homeland security photo – which was of course fake in the first place.

Here is the Homeland Security/Alex Jones article featuring this grandiose discovery of conspiracy: http://www.infowars.com/inverted-body-scanner-image-shows-naked-body-in-full-living-color/

*** Notice that they even added a picture of someone else in cloths, which is obviously not the same woman. Where did this picture come from, and why did they attach it to appear to be the same woman?

Here is the page where this lovely model is featured (warning – these are live nude photos for art drawings): http://www.f1online.de/f1online/index.cfm?location=search&colNo=2274&language=1

*** Notice that the sixth picture to the right, top row, #518430 is this same exact picture – not an airport scanner image!!!

.
Now this is not to say that these creeps aren’t laughing at your genitalia as you pass through these scanners. This is only to expose the suspicious nature of the way sites like Infowars disseminate information, and to question where this info comes from in the first place, and how they get it. Could it be that these great finds are purposeful and deliberately “exposed” by people like Alex Jones while working for this system of disinformation?

If you would ask why he would do this, as a devil’s advocate, my first answer would be to scare people (something Alex Jones is quite talented at) so that they are less likely to fly, subverting the freedom of travel through fear while appearing to expose a criminal activity for the very government he may work for. It also sells a whole lot of seeds, gold, and survival products. Why do I suggest this? Take a ride back in history and listen to Bill Cooper’s take on Alex Jones and his lies about Y2K 10 years ago. Go here: (http://www.youtube.com/watch?v=7r8rFNDh9WQ&feature=fvw)

This is just my best analysis, and I could be completely out in left field. But at least I’ll admit it if I am proven wrong. (And that is an invitation to prove me wrong, by the way!)

Will this article get detracted by the Infowars staff? Probably not. They’re never wrong because they blame the source they didn’t verify in the first place!

With the recent exodus of radio circuit personalities from the Alex Jones and Infowars pit of dis-info (I.E. Mike Rivero, Jeff Rense, Jack Blood, Alan Watt, etc…) and the advent of stories like this turning out to be complete unchecked hogwash, I believe it is time to step back and start asking ourselves who in any form of profitable syndicated media can we trust?

Operation Mockingbird was brought to light over 30 years ago, but it never stopped.

Beware of these final gatekeepers of information. If you really want to get at the truth of the information war, you need to separate yourselves from these self-proclaimed truth-tellers, and start doing your own research.

What are the best things to research?

Start with the very things that evoke an angry irrational response and unreasonable avoidance by these fear personalities to their caller’s questions. Listen carefully, and you’ll know what I’m referring to.

Thinking for yourself does not mean listening to other people speak about what they say you need to know. Research for yourselves; you’ll be shocked at what you find. And you’ll no doubt ask yourself… Why doesn’t Alex talk about that?

***Note – I am not able to pinpoint the actual origin of the photo-shopped picture referred to in this article. From other website comments, it appears to have been originally created by the Drudge Report, but I seem to remember it was Homeland Security. If anyone has an insight into this, please leave a comment below with a link. This however, has nothing to do with this photo’s promulgation as a real scan photo taken by these machines – a blatant lie. Thank you… -Clint-

Clint Richardson (realitybloger.wordpress.com)

Tuesday, November 23, 2010

10 Comments

by realitybloger on November 23, 2010 • Permalink

Posted in Homeland Security, TSA Full Body Scanners

Tagged airport security pat down, Alex Jones cia, alex jones jewish zionist, homeland security, infowars co intel pro, infowars dis information, naked body scanner photo, nazi style security in airport, operation mockingbird and alex jones, radiation from airport scan, tsa full body scanners, who is alex jones

Posted by realitybloger on November 23, 2010

https://realitybloger.com/2010/11/23/the-naked-body-scan-picture-hoax/

What is JP Morgan Chase?

JP Morgan Chase is the simply the governments’ main holding company.

JP Morgan Chase, as of March 31, 2008, was holding 89.99 trillion ($89,997,271,000,000) in derivatives. These were mostly government futures (bets on future prices). 89.99 trillion!!!!

JP Morgan Chase was only holding 1.4 trillion ($1,407,568,000,000) in actual assets at the time!

From: “OCC’s Quarterly Report on Bank Trading and Derivatives Activities First Quarter 2008”

Table 1: NOTIONAL AMOUNT OF DERIVATIVE CONTRACTS
TOP 25 COMMERCIAL BANKS AND TRUST COMPANIES IN DERIVATIVES
MARCH 31, 2008

RANK BANK NAME TOTAL DERIVATIVES

1   JPMORGAN CHASE BANK NA                 $89,997,271,000,000
2 BANK OF AMERICA NA                              $37,939,665,000,000
3 CITIBANK NATIONAL ASSN                   $37,691,434,000,000
4 WACHOVIA BANK NATIONAL ASSN       $4,884,775,000,000
5 HSBC BANK USA NATIONAL ASSN      $4,279,737,000,000
6 WELLS FARGO BANK NA                            $1,440,229,000,000
7 BANK OF NEW YORK                                    $1,058,618,000,000
8 STATE STREET BANK&TRUST CO            $904,593,000,000
9 PNC BANK NATIONAL ASSN            $248,705,000,000
10 SUNTRUST BANK                                    $241,369,000,000

*Note: 2010 2nd quarter derivatives holdings for JP Morgan Chase were listed at $75,253,921,000,000, with only $1,568,093,000,000 in assets.

*Note: BofA and Citibank Derivatives went up to 48.5 trillion and 45.9 Trillion respectively.

*Note: Goldman Sachs is also now listed for 2nd quarter 2010 as holding 42 trillion in derivatives contracts, with only 95.5 billion in assets, seemingly from out of nowhere, as they are not listed on this 2008 report!

See all Office of the Comptroller of the Currency (OCC) reports here: (http://www.occ.gov/topics/capital-markets/financial-markets/trading/derivatives/derivatives-quarterly-report.html)

Over-the-counter derivatives traded privately between investors are largely unregulated. The global over-the-counter derivatives market is estimated as of 2003 to have a value of $142 trillion and as of 2010 580 trillion… The Fed continues to be concerned that the relatively small number of institutions that act as dealers in derivatives markets may pose risks. In particular, the Fed worries what would happen “if a big derivatives dealer had to exit the market.” – Alan Greenspan – 2003

JP Morgan is majority owned through stock investment by collective government. Collective government is simply defined as the over 185,000 individual state, county, city and other municipalities, school districts, pension and other funds, and other governments throughout the United States. Therefore, any actions by which JP Morgan partakes in and any decision this bank makes is voted on by collective government through proxy votes (stock-ownership “institutional” voting). This is called corporate governance.

In fact, it is corporate fascism.

All national banks are chartered. In other words, they are under government law. They get away with murder because the government allows them to. After all, banks are the governments’ most dangerous weapons!

Banks are not above the law… government is.

And hilariously to our government keepers I’m sure, we continue blindly trying to fight this corrupt system of government from within the constraints of its own imposed laws, while government continues to operate well outside of the very laws it sets, regulates, and enforces upon us.

We are mice caught in a maze with no exit. For the game is rigged by the gatekeeper.

Here is just a short and quite incomplete list of individual stock ownership by “collective government” in the corporation JP Morgan Chase. Note that this is only a handful of pension funds, which are component units of their prospective “state, county, or city governments” and which took me many, many hours of research to find. These are simply listed as part of the top 10 equity investments held on each governments’ most recent comprehensive annual financial report (CAFR). You can pull each one up yourself, as they are government documents required by federal law. Also note that this does not take into consideration each governments’ other investment fund totals, for which all governments invest in as a whole (mutual funds, foreign currency funds, real estate funds, Fortune 500 and S&P Funds, domestic and international corporate bonds, some preferred stock holdings, private corporate or equity investment funds, etc…) which also hold these stocks in JP Morgan Chase. Also, some reports don’t list the number of shares, just their value or percentage of total equities held in the fund – though it would be easy to fill in the blanks…

JP MORGAN CHASE STOCK HOLDERS:	SHARES OWNED:	$VALUE OF SHARES:

Alaska Public Employees Retirement System		61,477,033
Arizona Public Safety Personnel Retirement System	580,815	19,811,610
California Public Employees Retirement System (CalPERS)	11,096,822	378,513,000
California State Teachers Retirement System (CalSTRS)	15,178,407	517,735,463
-Fresno City Employees Retirement System	58,828	2,006,621
-Los Angeles City Employees’ Retirement System	1,292,519	44,087,823
-Los Angeles County Employees Retirement Association	532,580	18,166,000
-Merced County (CA) Employees’ Retirement Association	64,744	2,208,418
-Sacramento County Employees’ Retirement System	384,785	13,125,000
Colorado Public Employees’ Retirement Association	4,570,621	190,458,000
Connecticut Combined Investment Funds (CIF)		60,967,771
Florida Retirement System – Defined Benefit Pension Plan		503,973,296
Florida Retirement System – Investment Plan		2,115,031
Georgia Teachers Retirement System	5,938,695	202,568,886
Illinois Municipal Retirement Fund (2008)		56,754,914
Illinois Teachers Retirement System		65,932,720
Indiana Public Employees’ Retirement Fund	866,723	29,564,000
Kentucky Retirement Systems – Insurance Fund	206,975	7,095,917
Kentucky Teachers Retirement System		81,600,125
Louisiana State Employees Retiremment System	545,450	18,605,300
Louisiana Teachers Retirement System	907,616	30,958,782
Maryland State Retirement and Pension System	2,750,631	93,824,023
Massachusetts Pension Reserves Investment Trust Fund		57,574,000
Minnesota Public Employees Retirement Association		87,100,000
Minnesota Teachers Retirement Association		84,800,000
Mississippi Public Employees Retirement System	2,636,943	89,946,126
Missouri Public School Employee Retirement System		55,069,162
New Hampshire Retirement System	380,300	12,972,000
New Jersey Division of Pensions and Benefits	6,528,154	222,700,000
New Mexico Educational Retirement Board (Pension)	626,331	7,445,824
New Mexico Public Employees Retirement Association	917,351	31,290,843
New York State and Local Retirement System	15,401,817	689,231,311
New York State Teachers Retirement System		430,617,943
-New York City Board of Education Retirement System		9,358,727
-New York City Employees Retirement System	4,963,319	169,298,811
-New York City Fire Pension Fund	871,607	29,730,515
-New York City Police Pension Fund	1,222,183	47,384,034
Ohio Highway Patrol Retirement System	20,100	633,753
Ohio Public Employees Retirement System (2008)	7,973,895	251,416,909
Ohio State Teachers Retirement System	8,033,964	274,038,512
Pennsylvania Public School Employees Retirement System	834,000	28,454,000
Tennessee State Pension Trust Funds	3,212,775	109,587,755
Texas County and District Retirement System		38,100,000
Texas Employees Retirement System	2,875,400	124,964,884
Texas Teachers Retirement System		298,274,715
Utah Retirement Systems	1,286,050	53,589,704
Utah Retirement Systems	334,405	13,934,656
Virginia Retirement System	3,467,525	118,277,279
-Richmond (Virginia) Retirement System	24,800	907,928

*Note: Total of outstanding shares of JP Morgan Chase: 3,950,000,000

*Note: Total of shares needed to have controlling interest (50.01%): 1,975,000,001

*Note: Total of outstanding shares owned by all government funds: ?,???,???,???

The moral of this story is that government is the one raping our economy and manipulating markets in favor of its investment held corporations – especially its banks – and through its bank friendly legislation.

Once again, blaming the bank is like blaming the president of the United States. We all know he is a tool being used by the real power in and out of government. And when considering that his whole staff is appointed – not elected – and that most of them are former lobbyists and former corporate attorneys, it doesn’t take a lot of imagination to grasp the larger picture of how things work – banks are government owned and regulated, just as all Fortune 500 and other significant domestic and international corporations from pharmaceutical companies to weapons manufacturers to grocery store chains.

If we want to fix the problem of corruption in government, we must attack it at the root of the problem. In order to do that, we must comprehend how the government machine works. First we must read and comprehend and share with others the Comprehensive Annual Financial Reports of our local and state governments. And eventually, we must dissolve the corporation that is acting unconstitutionally in lieu of our government, take back all of this investment wealth for the good of the people, and re-institute strict regulations and anti-usury laws for our usurious banking industry.

The corporate government owns the corporations.

The government then regulates the market in which its investment held corporations operate and do business.

And the government will not punish its own institutions and threaten its corporate profits, just because we hope it will or because we ask it to. Not even if we demand it!

Wake up America!

Your government is a private, for-profit corporation. It is your enemy – and it is stealing your wealth, prosperity, land, and happiness from under your noses through its investment held corporations.

Learn more by visiting these sights:

Watch “The Corporation Nation” at: TheCorporationNation.com

Visit Walter Burien at: CAFR1.com

–Clint Richardson (realitybloger.wordpress.com)
Tuesday, November 16, 2010

59 Comments

by realitybloger on November 16, 2010 • Permalink

Posted in Banking

Tagged cafr1.com, clint on dale williams, clint richardson, corporation nation, government holding account, government investment in bank, Government Wealth, jp morgan chase, realitybloger, realityblogger, stock holdings in bank, the corporation nation, Walter Burien, who ownes bank of america, who ownes JP morgan chase, who owns the government

Posted by realitybloger on November 16, 2010

https://realitybloger.com/2010/11/16/what-is-jp-morgan-chase/

The Corporation Nation

My new website – TheCorporationNation.com

This will be where I post my new passion, documentary movies!

The first movie is posted, and it will change your whole way of thinking. Download or watch by clicking the link.

“Waking Up to the Corporation Nation” is an in depth look at the Comprehensive Annual Financial Report (CAFR) that all governments (corporations) must file under federal law. This is an audit of our government.

Downloadable version up now! A DVD package will also be available very soon.

All of this is free! I can only hope that enough people veiw and pass this movie out for free before it is too late to do anything about it. There is no subject more important and relevant to our plight than this.

-Clint-

2 Comments

by realitybloger on September 29, 2010 • Permalink

Posted in Uncategorized

Tagged 7-7 bombings, 911 facts, economic crash, false flag, false flag terror, nuclear war, numberology, obama announces terror, occult date

Posted by realitybloger on September 29, 2010

https://realitybloger.com/2010/09/29/10-01-10/

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National Opt Out Day: The most important story you missed

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