Wisconsin’s Embattled Governor
Hiding Billions In State Assets
By Debra Hood - OpEdNews
Governor of Wisconsin's despotic agenda goes much deeper than his dishonest claims about the health of the economy of Wisconsin's
State governments. A closer look at the financial health of just "the one investment arm" which does not include the State
of Wisconsin's investments in foreign currency shows over 67 Billion dollars in usable assets invested with taxpayer's money.
money has been hidden by non- disclosure, secrecy, incompetence or worse by Governor Walker. Google CAFR Corporation of State
of Wisconsin 2010 for the details See http://www.cafrman.com for an explanation or http://www.rense.com/general81/deue.htm for the information on what should be discussed as the true usable wealth of a State, County,
City or government corporation.
will tell us that all State Governments have the same situation and he's not alone in keeping citizen's assets close to the
vest. However true that is, it is important to note that the governor is the main person calling for cutbacks thus he
has an obligation to not only tell the truth but to do the job he was elected to do which is to refrain from corrupt and or
monumentally inept financial mismanagement of Wisconsin's Taxpayer's money.
he has absolutely no conceivable excuse for being clueless since every State in the country employees a virtual army of trained
investment professionals to monitor and collect and invest all kinds of monies from the citizens of their states. This group
has its own web sight called the Government Financial Officers Association. http://www.gfoa.gov (Ed: link does not work) They also have names for their investment activities with monies
culled from the trained and unendingly "taxed, ticketed, registered, certified, securitized, patented and licensed"
activities show up on their yearly financial audits as enterprise funds, and their profits are described by the telling name
of "Discreetly Reported Component Units!" Doesn't it make anyone
a tad bit curious as to why discreet reporting has to be done? After all these audits are specifically created for
and reported to the I.R.S. then covered up by the mainstream media.
67 Billion relates to only one investment fund, without adding the cities, counties, municipalities and all other investment
accounts by government entities incorporated in the State of Wisconsin. That means that the State Government has assets and
investments at all levels across the state.
investments were made with taxpayer’s money, and to give an example of how they can add up: the State of California
has estimated that one account had over 390 billion in it to cover a so-called deficit of almost 20 billion. This is what
the State is saving in forcing California into foreclosure. What really takes the cake is that the State of California as
of 2010 has over 1800 investment accounts with net assets in the amount of 8 trillion dollars!
the people running California are singing the same Walker Ponzi Poverty tune. Overwise how could the polluters and thieves
hiding behind N.G.O.s and highjacked environmental groups and other charities justify this carbon tax, theft, takeover and
fire sale of California, her land, water, resources, infrastructure, taxpayer’s oil royalties and assets?
Walker is doing is part of an overt country-wide plan by a group of Governors to destroy any chance the American people will
have to retain their freedom and the right to chart their own destiny. This is a chilling prospect given that the people depend
on the independence of their states with the protections of the Tenth Amendment to act as a constitutional safety net to check
the tyranny of an out-of-control Federal Government.
is happening to the public workers of Wisconsin is happening to 90 percent of the American People. The Governor’s agenda
is merely the next act in what is the ongoing and most massive fraud and theft of everything of material value to American
citizens ever manifested on the American people. However that is only the beginning because the most profound loss could be
the loss of liberty, which is the real intent behind this agenda.
assault on the civil liberties of citizens and the interference and intent to permanently interfere with the contractual rights
of State workers should be in a Federal Court if it can be settled by jury under the jurisdiction of an honest Judge administrator
or through arbitration.
Walker is proposing a law that will deny public employees the right to negotiate future employment contracts. Worse he has
already violated the constitution by interfering with the present employment contract of the public workers in the State of
of substantive due process as applied to the Fourteenth Amendment, such as the State acting to bar the right of citizens of
that state to contract and negotiate wages and benefits with an employer supersedes and removes the sovereign immunity enjoyed
by a State provided by the Eleventh Amendment.
To OpEdNews.com to read the rest of this excellent and thought provoking article