Share on Google Plus Share on Twitter Share on Facebook
  2
Share on LinkedIn Share on PInterest Share on Fark! Share on Reddit Share on StumbleUpon Tell A Friend
  1
3 Shares     
Printer Friendly Page Save As Favorite View Favorites View Article Stats
1 comment

Exclusive to OpEdNews:
OpEdNews Op Eds

U.S.A. Inc. uses taxpayer's money fund crony political campaigns

Become a Fan
  (1 fan)
By (about the author)     Permalink       (Page 1 of 3 pages)
Related Topic(s): ; ; ; ; ; , Add Tags Add to My Group(s)

View Ratings | Rate It

Headlined to H3 1/25/11

opednews.com


Trillions of dollars of taxpayer's money has been hidden and invested in America's major companies. Thanks to the Supreme Court's decision in Citizen's United rendered one year ago there is no limit on campaign funding by big corporations exercising their first amendment right to freedom of speech while remaining safely behind a financially funded wall of secrecy as to who they are. The above should be the new definition of "Protected Speech" in America today.

Thus it should also be noted that the majority of American citizens lack the financial power to have their say because the funds have been stolen from them. The first amendment right to freedom of speech should include freedom from fear of reprisal for exercising that right. That is not the case in America today

Therefore lack of funds means denial of free expression which is patently unconstitutional.  To exercise that right a fleeced and disenfranchised tax victim has to protest on some street corner with total fear of Government reprisal which today, will usually land him on an FBI or Department of Homeland Security terrorist watch list.

For the fleecers there is a totally different story! When it came time to make political campaign donations this last election there was no demand for transparency even though those companies could represent foreign enemy combatant terror group involvement in America's political
process.

Furthermore they could and likely do represent felons who in many States are no even allowed to vote.  After all the Pharmaceutical Industry represents the most expansive grouping of criminals forced to pay expensive felonious damage payments to their victims in the world.

However the record is obscured as to how much of taxpayers money has been used for campaign contributions or how that could happen.  However, the bigger issue is who has ownership and control of those companies that are making the campaign contributions.  The answers to how and who will surprise even the most cynical taxpaying American.
                                                                                                           
First amendment rights for corporations have meant inadvertent funding by American taxpayers.
One year ago, in a 5-4 decision in Citizens United vs. the Federal Election Commission, the Supreme Court ratified a radical vision of the 1st Amendment. It has given corporations rather than voters a central role in America's electoral process by treating corporate political donations as protected speech.


Giving Corporations an outsize voice in free elections has meant involuntary funding by American Taxpayers who have been fleeced yet again by what can only be called the Multinational Corporate Government that controls the "Demepublicrat Congress" of U.S.A. incorporated.

When the Supreme court voted five to four to give corporate person hood yet another unprecedented stake in the future of our country I was shocked and dismayed because of revelations all over the internet about the incredible amount of wealth that has apparently been retained in the form of surpluses of taxpayer's money held by government majority owned corporations.

There has been an enormous amount of dollars that have been invested in stock offerings of American corporations by every incorporated element of the U.S. government.

Furthermore it has been hidden in plain view with the help and cooperation and years of disinformation by Government Officials, Groups like The Government Financial Officers Association and the Main Stream Media.
   
Is former Governor Schwarzenegger's statements, regarding the health of California's economy accurate? The official story is that California is 22 Billion dollars in the red however in just the one investment account of the City of L. A. alone there is $450 Billion dollars.
 
According to Walter Burien who has been a commodities trader and investment adviser for over 20 years and the whistle blower who broke the story over ten years ago, there are 1,100 investment accounts in California totaling approximately 8 trillion dollars.

With all of California's resources and the investment assets of California's 1,100 government corporate investment accounts. It seems the easiest way to fix the problem would be to leverage those resources in the form of equity in a State Bank.

When the people in charge of the investments were asked about them the answer was that they were rainy day funds in case the regulatory or administrative agency, board, city, municipality, county, city or state fund got into financial trouble.

California is now on the brink of receivership yet no one is talking about $8 trillion in "rainy day funds".  So what gives?

In 2009 during this state budget crisis TARP money was supposed to be used to deal with local economic problems. What was encountered was the heavy presence of tarp money in the state, but not to help California balance her budget. Instead perfectly healthy companies had been intentionally forced into bankruptcy, and then been pressured to sell out, at fire sale prices, to the very funds that were supposed to be available to help them stay solvent.

Furthermore "someone" was buying up independent companies that were deemed critical to taking "complete control " of the infrastructure like cable companies which handle television, internet and phone systems. Moreover the local Bank which is consistently B plus rated was being pressured by the Government to take money they did not need or want and which came with a very heavy price in control attached.
 
California's continual budgetary shortfall seemed so at odds with the claim of California being one of the 10th most productive economies in the world. What was even more stunning was the information gleaned from a source, who had been researching the subject for almost twenty years; Walter Burien had the following to say about the subject of the "smoking gun called CAFRs".

 "Organized Governments at all levels have been holding back their true Financial Statements, their Comprehensive Annual Financial Report from the people of America for over 50 years! Every city, county, state, and the federal government openly talks about the "budget" but keeps a virtually hidden, second set of books which track the investments and enterprise ventures".
"These investments are worth trillions of dollars in tangible wealth they have built up and are spending from these virtually hidden portfolios as a result of investing your skimmed money for over 50 years in everything from real estate to the stock market."
 
There is no reason to believe that the rest of the country isn't doing as well as California. One can figure with that many incorporated agencies in the U.S. the take up to this past fiscal year could be well over 100 trillion dollars. This can be checked for each state at the CAFRs web sight http://www.CAFRS.com.

Next Page  1  |  2  |  3

 

www.trancendantperspective.com

Debra is a California Real Estate Broker with a degree in World History and an interest in writing about and studying History from other perspectives. She is a published poet and song writer. She also has a Law degree and is working on her State (more...)
 
Share on Google Plus Submit to Twitter Add this Page to Facebook! Share on LinkedIn Pin It! Add this Page to Fark! Submit to Reddit Submit to Stumble Upon

The views expressed in this article are the sole responsibility of the author and do not necessarily reflect those of this website or its editors.

Follow Me on Twitter

Contact Author Contact Editor View Authors' Articles

Most Popular Articles by this Author:     (View All Most Popular Articles by this Author)

State of Wisconsin under Walker fails to disclose 67 Billion in usable assets

The Bank Can't Foreclose Because It's Already Been Paid

We the People vs. The Federal Reserve

U.S.A. Inc. uses taxpayer's money fund crony political campaigns

Romantic Love will set us Free

Banking for the Commons

Comments

The time limit for entering new comments on this article has expired.

This limit can be removed. Our paid membership program is designed to give you many benefits, such as removing this time limit. To learn more, please click here.

Comments: Expand   Shrink   Hide  
1 people are discussing this page, with 1 comments
To view all comments:
Expand Comments
(Or you can set your preferences to show all comments, always)

How is it possible that the government employs fin... by DEBRA HOOD on Tuesday, Jan 25, 2011 at 10:07:20 AM