|
IN REPLY TO; Ground Control to Mr. Bush http://www.inthesetimes.com/site/main/article/1881/ The Trade Deficit
- Money and Control by Walter Burien 01/22/05 The motive! Money,
Money, Money, Control, Control, Control.... People
seem to believe by the Media spin presented that the US Government is
allowing the trade deficit to enlarge out of ignorance or ineptness. Wrong! They
believe the massive purchases of goods from China are just happening based on
that 5c per hour wage in China. Wrong! Well, here is your WAKE-UP CALL to
know the REALITY! First
and foremost, the largest group of investment capital of this world is owned
and controlled by US local and Federal government. Now
these investment funds, in their composite from the tens of thousands of
"individual" government entities total no less than a conservative
sixty (60) trillion dollars. From
the 1930s to about 1965 most of these government investment funds were
restricted from investment in "Foreign" investments. Most had a
limit cap of 5% or 10% that could be invested outside of the US. But
then, let us backdate to 1946 and the implementation of the plan to change
government from a pay-as-you-go structure into an administrative
"Corporate" structure for revenue collection and profit; In
1946 an elite private group, with enormous power backing called Government
Financial Officers Association (GFOA) introduced the new government
"corporate" accounting standard of the CAFR (Comprehensive Annual
Financial Report). The CAFR was structured as the typical private sector's
Annual Financial Report and was designed to begin separating government's
pay-as-you-go Budget from the investments of government and venture projects,
projects that could become very profitable such as toll ways, ports, state
universities, and even, as things developed, government owned golf courses
and sports authorities with these government "Enterprise"
authorities from across the land having a worth in the hundreds of billions
of dollars, if not in the "T" figure. With
that being said and disclosed, let us return to the 1970s. The CAFR structure
was now the fundamental basis for all local governments now mandated by
federal law at the request of GFOA in 1978. Massive
amounts of investment wealth were building within local government accounts,
investment wealth shown on the CAFR but not on the selectively created
"Budget" reports, presented by local governments for the taxpayer
and general populace's consumption. The
CAFRs (which over 86,000 separate local government entities produce each year
as of 2003) or Government's Annual Financial Report, was for all intents and
purposes intentionally kept secret, and the public did not have a clue for
decades as to what the new "Corporate"-for-profit government was
developing right under their own noses, as shown in the accounting columns of
the CAFR. To
do this government needed the full cooperation of the controlled News Media
and organized Education. The reality of the situation for the nation per
disclosure, or should I say Non-Disclosure of the CAFR shows that they have
accomplished that objective. That
decades long cooperation from the controlled News Media and organized
Education has since that time greased a many pockets and put a great many
news outlets and educational administrators eagerly on the bloated sow's
nipple. . http://CAFR1.com/Philly.html Government's
newfound massive investment wealth needed an outlet for higher returns and
diversification of that ever-building wealth. The
top administrators knew that the real profit was in exploiting the cheap
labor from around the rest of the world! The laws and statutes limiting the
participation of government's investment funds outside the US were then
quietly and, in effect, secretly removed. Thus now... 1970
- 1980; Hmmm... Cheap labor in Mexico! Then come NAFTA and GATT. Billions of dollars flowed from the US
Government investment funds into Mexico and South America. Investment returns
on those investments jumped to 40, 50, 80, 200% return per year! 1980
- 1990; Hmmm... Our government investment funds now own the majority of the
fortune 500 companies stock from within their institutional fund holdings. We
own Seventy to eighty percent of the totals in some cases. Let us promote and
encourage those companies to shift their operating plants to countries with
cheap labor. They will then be able to get hefty profits from exploiting
cheap labor resources and in turn our stock holdings in those US corporations
will double and maybe even triple in value! 1990-2000;
Hmmm... The biggest and cheapest labor force in the world? China!! Over 1.4
to 2.0 trillion dollars flows into the China market directly from government
investment portfolios and from those Fortune 500 companies at the direction
and encouragement of US Government administrators. Profits are obscene. 2000-2005;
Hmmm... 65% of our investments are now directly or indirectly held
internationally and in most cases are valued in those foreign government's
currencies and not the dollar. If we devalue the dollar, on the currency
exchange rate we can make a killing! Let us push for those international
imports which we now own through investment, create a trade deficit, keep
interest rates very low to deter investment in the dollar, and if we can push
the dollar index down from 105 to 75 on our international investments held
outside of the dollar we will make 40% on the currency exchange rate and our
return for our international investments will double or triple by so doing! Additionally,
we will balance the international wealth for all of the people of the world
and have finalized the New Corporate blueprint to make this truly a
New-World-Order global market place at our string and pull! But,
we must take cares of those "independents" out there that are not
part of our plan. Let us first focus on Non-Game-Players where we can secure
our strategic needs. That guy Saddam would be a good start so let us secure
our launching grounds in Afghanistan first. But how do we pull off that type
of military venture without our local populace becoming irate with us and
banging down our doors? Well, we just need to create an event that will get
them so outraged at our created enemy that we can do whatever we want and
they will not be the wiser. But how do we do it? Don't worry, we will figure
something out.. Hey, we have been operating under the Annual Financial Report
accounting structure for over 60 years; now, right under the public's nose
they are none the wiser, the door is wide open, we can do what we want, and
they will buy it! With
our multi trillion-dollar cash flows that we have created since the 70's we
can also get all other international players in our club eagerly eating out
of our hand as we implement our objectives! Hey, those international players,
they are who they are now by our design. They are not going to bite the hand
that feeds them OR the hand that can destroy them! Here
is looking forward to our New World Order and the continued massive returns
and control of our holdings! Yours Truly, US Government (corporate)
administration.. Submitted
FYI and hopeful for your corrective action from: Walter
J. Burien, Jr. http://CAFR1.com |