Consolidation of "all" of the government's domestic and international investment power-bases under what I call TRF (Tax Retirement Funds) fiduciary trust accounts, from the investment return generated therefrom, it would and could replace all taxation (one revenue source "investment income" replaces another "tax income") and all pension payments could be satisfied on a cash and carry basis. With taxation phased out the economy thrives to a level of no equal, rates of investment return are at proportionally enhanced levels, government's non-tax income (investment / enterprise operation contributions to the TRF accounts) satisfies their budgetary needs without taxation. Win-Win for one-and-all. Additionally it creates the circumstance where all (population, industrial / financial cartels, and government administration) for the first time in history are on the same page in that Win-Win that is self perpetuating for the next thousand years and beyond.
The way things have developed over the last century with the greed and opportunity principle playing out unrestrained and exponentially increasing from government's ever increasing take through taxation has created a 300 car freight train going at 400 MPH towards a 1-mile thick concrete wall. The collision will not be a pretty site and all will loose. The TRF funding principle for government firmly taking root and being solidly implemented for government funding transition at this time will avert that inevitably collision.
I am working on attempting a extended trip to DC to address the Senate during open session for one hour, and the house for one hour also I am able to arrange it. Also meeting with as many committees and groups as time will allow while there. Objective? Put all on the same page for the first time in history where in doing so, all willingly and with enthusiasm will maintain that same course for the next thousand years and beyond. In biblical terms they call that the Millennium: A thousand years of prosperity for one and all.. Additionally, it is not just a US application. The same principle of operation can become the same standard for any and all countries globally.
Yours truly,
Walter Burien - CAFR1.com"
There was also this analysis, showing the falsity of Detroit's bankruptcy, from Wallace Turbeville, senior fellow at Demos and author of the report, "The Detroit
Bankruptcy." He's formerly a vice president at Goldman Sachs in the
municipal finance department. You can see him pick apart the bankruptcy finding on Democracy Now here (includes transcript):
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