Can Opener Time - University of Wisconsin - Hiding 1-billion dollars
by Walter Burien - CAFR1.com
04/26/13
http://www.youtube.com/watch?v=bZusXT-ftZg (5-min)
CAFR1 Note: Wisconsin State University is but a pebble on the beach. All of the State Universities do the same and have been doing so for decades. In many a case those other muchlarger State Universities if the stashes were identified, they are much larger rocks or boulders on the beach.
Wisconsin CAFR looked at, 1-billion dollar pebble on the beach identified. Now in other states start identifying those rocks and boulders!
(1995 to 2012) State of Wisconsin - Comprehensive Annual Financial Report (CAFR)
(1998 to 2012) University of Wisconsin - Annual Financial Report (AFR)
It's about time to start using those can openers in other states also!
Ever wonder why many governors when they get out of office immediately get on the board of their State University?
ANSWER: That is where some very big billion dollar investment accounts rest that they now can direct to "whom" they are invested with..
Thanks and have a great day! (The good guys that is)
Walter Burien - CAFR1.com
P. O. Box 2112
Saint Johns, AZ 85936
Tel. (928) 458-5854
------FOOTER NOTE---------
1. A "Budget Report" is a selective funding of x accounts from x resources (set up to be primarily funded with taxation and it is for "the year")
2. An "Annual Financial Report" is the showing of "all" income: Investment; taxation; and Enterprise, plus the "accumulated wealth over decades. Budgets are for the year, an AFR is for it all since creation of the entity. Could be a showing for several decades if be, for over a century.
There is a big difference between a 1-year budget and an Annual Financial Report. A correct analogy would be: The budget to operate your house vs. your statement of net worth.
The public has been played with the biggest shell game of selective presentation there is allowing for massive fortunes to be made by the inside players over the last several decades with the full symbiotic cooperation of the syndicated media, controlled education, and BOTH political parties...
"Every" investment fund large and small is a power base. Where that money is invested determines what company; real-estate venture, etc., is made or broken. Thus in line with that, never a mention of the 184,000 AFRs of the corresponding local governments..nor the many thousands of specialty investment funds they contain. I note gov pension funds facilitate the same power base. Paying employee benefits from the return on the funds is an after thought for the government players. Where the funds are invested and with whom is the primary focus.
The head communists back in the 30's and 40's said they could take over America without firming a shot. The undercurrents of that statement were that they could depend on the greed and opportunity of the players to accomplish that goal and it did. US Collective government since 2000 brings in more gross income than the entire gross income of the population of the United States.
Taxation is rammed down the public's throat (1/3rd of the gross income) and Investment / Enterprise income (2/3rd of the gross income) the "silence is golden" rule is strictly enforced due to the money and wealth involved with the full symbiotic cooperation of the syndicated media; controlled education; and both political parties as has applied over the last century. Try to get your News / Political / School Representative, any of them to make simple mention of the CAFR as THE local government financial document to carefully look at, mentioned in an open and public forum and see what happens.
TREASON: "Treason doth never prosper; what's the reason? For if it prosper, none dare call it treason." Sir John Harrington, 1561-1612
Walter Burien - CAFR1.com
P. O. Box 2112
Saint Johns, AZ 85936
Tel. (928) 458-5854
------FOOTER NOTE---------
1. A "Budget Report" is a selective funding of x accounts from x resources (set up to be primarily funded with taxation and it is for "the year")
2. An "Annual Financial Report" is the showing of "all" income: Investment; taxation; and Enterprise, plus the "accumulated wealth over decades. Budgets are for the year, an AFR is for it all since creation of the entity. Could be a showing for several decades if be, for over a century.
There is a big difference between a 1-year budget and an Annual Financial Report. A correct analogy would be: The budget to operate your house vs. your statement of net worth.
The public has been played with the biggest shell game of selective presentation there is allowing for massive fortunes to be made by the inside players over the last several decades with the full symbiotic cooperation of the syndicated media, controlled education, and BOTH political parties...
"Every" investment fund large and small is a power base. Where that money is invested determines what company; real-estate venture, etc., is made or broken. Thus in line with that, never a mention of the 184,000 AFRs of the corresponding local governments..nor the many thousands of specialty investment funds they contain. I note gov pension funds facilitate the same power base. Paying employee benefits from the return on the funds is an after thought for the government players. Where the funds are invested and with whom is the primary focus.
The head communists back in the 30's and 40's said they could take over America without firming a shot. The undercurrents of that statement were that they could depend on the greed and opportunity of the players to accomplish that goal and it did. US Collective government since 2000 brings in more gross income than the entire gross income of the population of the United States.
Taxation is rammed down the public's throat (1/3rd of the gross income) and Investment / Enterprise income (2/3rd of the gross income) the "silence is golden" rule is strictly enforced due to the money and wealth involved with the full symbiotic cooperation of the syndicated media; controlled education; and both political parties as has applied over the last century. Try to get your News / Political / School Representative, any of them to make simple mention of the CAFR as THE local government financial document to carefully look at, mentioned in an open and public forum and see what happens.
TREASON: "Treason doth never prosper; what's the reason? For if it prosper, none dare call it treason." Sir John Harrington, 1561-1612