Let's Get Honest! Blog

Absolutely Uncommon Analysis of Family –and "Conciliation" — Courts' Operations, Practices, and History

Get Real(itybloger)! — Call In, Read the Links on CAFRs, Review Regularly.

with 3 comments

post revised/expanded (see especially bottom of post) 1-29/30th, 2014;

C.A.F.R. =  Comprehensive Annual Financial Report.

Governments issue CAFRs ANNUALLY.  How many governments ARE there, besides states and counties, and federal?


Like I said recently in a post….there is even a US Census of Governments defining their count (which cited a 75% response rate, so adjust upward for error? add the ones legislated into existence since the census was taken. . . . ).

I also found some HHS grant to a health district (to my recall) in Nebraska which having been replaced with a more regional one, was thereby no longer valid.  Tell me what else was new in how can the federal government dump wealth into fiscal black holes and then go back to the taxpayers, “Please (well, “or else….”), more taxes or fewer services WHICH do you prefer?”???  [hit me with a comment if you want the reference, it's several weeks back...]

Who is going to change the conversation without a solid reading on the what’s in our government’s back pockets, and being currency, accounting, history AND government illiterates?  Because, this is about changing the conversation, not following the scripts.   

When you see talk of “budgets” in the media, or coming from a politician’s mouth, generally you will not find a reference to the collective holdings of that govenment entity (federal, state, or other) or other nongovernmental funds these mentioned alongside them.  This is a deliberate standardized form of government accounting which has (like any form of accounting) a deliberate purpose, namely, to justify ongoing UNjustifiable taxation for “budget-balancing.”

This topic is something individuals have to decide to bring up and discuss among themselves — or just go deaf, dumb (literally), and logically disabled.  The topic cannot have been handed on much more of a silver platter than some of these bloggers have already done and is a statement about what time of day it is in the USA.

[Revisions 1-29-2014:]If you want to see what happens when someone intent on talking about it engages with someone intent on discrediting or minimizing the concept (that any that the CAFR issue represents and strategical (conspiracy) to defraud), check out Walter Burien (former)  simply taking on Ellen H. Brown (the latter) in 2010’s attempt to change the conversation.  One of the two is an attorney, want to toss a coin on which one was more accurate and honest?

I did a follow-up on the same attorney’s proposed solutions — and you should see what THAT revealed (and will, if I get it past draft form) when it comes to deceitful accounting practices by progressive nonprofits…Ms. Brown wants Public Banks (and the following year chose a very “strange” nonprofit with six PhD’s and several MA’s (or so it says) as their fiscal agent (Inquiring Systems Inc.) which has made it clear what it thinks of Americans in many ways, most obviously by failing to file properly as a nonprofit until caught and told to (ca. 2009/2010 — they incorporated in 1978) and with a kazillion earth-green-progressive-oh-so-altruistic projects under the one head, most of which have the same individuals on the board, or advisory board.


Organization Name Registration Number Record Type Registration Status City State Registrn Type Record Type
INQUIRING SYSTEMS, INC. 034547 Charity Delinquent SONOMA CA Charity Registration Charity

EIN# 94-2524840.  (see California Charitable Trusts Registry for filing history (such as it is).  Samples: InquiringSystemsInc CharitableReturnsDetails shows 9years of Nonfiling (per Calif Law)!! ~ InquiringSystems 2nd California Charities (OAG)Delinquency Ltr 2010 March 481595 ~ ISI,EIN#94-2524840, TaxReturn2011(YE 6-30-12) showin $980K gross receipts, 1545 volunteers, and presumably Public Banking Institute along with all the others to improve the human condition by serving as a fiscal agent  (after being confronted and forced to cough up some charitable registrations and tax returns to the State of California for many years (PBI (Public Banking Institute) was added as one of the many projects,

Inquiring Systems CA 2012 990 28 $304,285 #94-2524840
Inquiring Systems Inc. CA 2011 990 30 $537,191 #94-2524840
Inquiring Systems Inc. CA 2010 990ER 1 $147,295 #94-2524840

This led (simply through a normal follow-up process) to seeing the UN/NWO connection, however I was a few years behind on that one also (follow-up by WB date 9/2010… explains what the concept of “public state-run banks” means in plain English (contains the phrase “you can kiss the United States goodbye” and “New World Order signed, sealed, and delivered.”)  Quote added to bottom of this page, stay tuned…

[about one month later — interesting Advisory Board with a London School of Economics connection, I’d just like us to understand what rooms this conversation is taking place in, and in that light WHY it really does matter, to get basic identities on the conversationalists, not meaning their personal style, but their choice of colleagues associates, choice of corporate identities, which collectively is going to affect worldview (or reveal it).


9 Easy Questions for Green Party Calif State Treasurer Candidate from %22Let’sGetHonest%22  [A series of email exchanges took place around late Jan - early February 2014. 3 pages only].

This PBI matter IS in the “New World Order” view, and for one, I am not a subscriber to the philosophy that we’d all be better off on larger, more streamlined leadership with a Council of Elders, as if this was till somehow a democratic, village all-for-one and one-for-all planet with easily identified good guys and bad guys (for example, all environmentalists are good, and -here — large corporations and governments can be tamed by some minor adjustments to business as usual — change the accounting structure SLIGHTLY (don’t eliminate taxes, just, as Burien pointed out, cut out the middlemen and keep the stash of cash — only through networked State banks, not the Feds…).


At what point do we, the people, get to (or get smart and organized enough) to find honest leadership, still people capable of handling investments, infrastructure, and complex financial operations — but honest enough to understand that even IF and WHEN laws have sequestered the profit-making enterprises of government into sections they don’t have to report under “BUDGET” — these laws were passed once, and can be changed later?


Which also goes, FYI, for the entire family and conciliation court system.  There was a time it did not exist; it was legislated in for specific purposes.  At what point in time does discussion of this get into discussions of how to “fix” them?

To do this without de-toxing from the fragmented and censored view of reality we are literally DRENCHED with worldwide is (IMHO) probably impossible. Then again, producing miracles is a matter of faith, which is a matter of heart. Really, what I’m talking about is a change of heart informing the cognitive functions (the intellect) of millions of PEOPLE.

Before freedom from slavery, one has to stop thinking like a slave, which includes taking responsibility for one’s own thought-life, and focus of attention. After the basic institutional escape, there’s still protecting boundaries, and of course recovery (re-structuring a non-slavery response; knowing what freedom cost, and that one does NOT permit regular incursions on it, or tolerate without comment and protest, systematic and chronic lies from people either running current institutions — or seeking to run new ones).

[Understanding the truths the CAFRs tell us -- is primary to understanding the character, nature, scope and practices of government, which is needed to monitor and handle the balance of power between government and individuals.  Most CAFRs contain up front in a Transmittal Letter or otherwise, a clear organizational chart (like a flow chart) picturing which government office are under which, as well as a simple summary of who they are.  Why not read a few and see? I have samples over at "economicbrain.wordpress.com" a.k.a. "Cold,Hard.Fact$"


Enjoy the rest of the post; thanks!]

I’ve come separately to this conclusion, from the grants data, and the dysfunctional public databases as well.  If I hadn’t spent so much time looking at fraudulent HHS grantees, and experienced the kangaroo court system, seen welfare reform, etc. — I might not have believed the message that the CAFR situation capsulizes.  However it sure would’ve been nice to hear it while my children were still young. …

[End Revisions 1-29-2014, except -- see bottom of post]


See any of those links. And remember to tell the guy, thank you for continuing to blog it.  Identify the count your local government entities, find and read their CAFRs with pen & paper (or electronic data input devices), and “do the math,” and change the conversations.

I have been quoting Walter Burien,* Clint Richardson, Carl Herman, Gerald Klatt (http://cafrman.com, a virtual manual on how to navigate a CAFR) and some others since I found out in 2012 (there don’t seem to be that many others around), but until WE (enough “We’s”) start to of how important it IS to comprehend at least the basic concepts.   See my “Top Ten Posts” (itself a “sticky” post) for good sampling of these.  A basic comprehension gives any conversation about government, let along legislative reform (??) credibility because you are showing knowledge that your legislators already have — ALL of them are sent copies of these reports, as are major media, I’m told (and you could also verify).  They just aren’t discussing them with you, the public.

I’ve been reporting on CAFRs since I heard of them in 2012 — and Clint Richardson (“Realitybloger”)’s “CAFR School” posts, below, were partly why I understood them.   All those sources should be read, in combo.

If you do not understand this material, you don’t know literally which end is up and might as well stop flapping your gums in front of ANY state or Congressional legislators for any reason about any cause, they most likely DO.  

Without understanding this and what it means, you do NOT have a context in which to discuss politics; have not gone high or deep enough, and will likely be ignored (unless your ignorance proves useful for kickstarting another “initiative” to be funded by, guess who… and managed by, guess who...) by whoever you speak to in favor of the higher “powers that be.” This IS the conversation that needs to turn the lights on and change the conversations, plural.  It is the difference between whether, collectively, any of us still really WANT to be free.  Free people take responsibility for acquiring their own knowledge and evaluating it AND prioritizing it.

And, personally, I don’t want to hang with, or pour my efforts into blogging, exposing and diagramming the obvious for people who just don’t care about independence enough to take the responsibility that goes with it: to assess reality and make the best possible decisions — not inane, spinning the wheels decisions — about ,what to do about it.  Would YOU want to hang with people who prefer to be hard-working, passive worker bees* in further building up an infrastructure of slavery (cf. the Pyramids) that is owned by others, in exchange for not having to think so hard, or fight, in an organized fashion, for something meaningful — like having a work life that doesn’t contribute to slavery, genocide, and poisoning the planet? (*and even if superbly technically adept at many knowledge areas brainwashed in the most important ones – -like paying taxes to a government which is dishonest about what it has, and what it needs?)

This is critical to understanding WHO government is and from there, who YOU are (in relationship) — regardless of what rhetoric, language, or jargon flap your gums on via Change.org, Petitions for change, or asking “government*” to “do something!  like “try our leaders’ ideas…["Sure, we can't explain them independently, particularly if separated from the herd and asked, but we can at least parrot them on petitions, and fend off the skeptics, critics, or analytical naysayers with our social media skills, so we are a true force to be reckoned with, or will be soon; we know it's true because they told us so"].”

(*Is there are more vague word to describe thousands of government ENTITIES created by legislation and all of them with a budget, operating expenses, history, and mostly with income, most of which most people don’t know exists,.  Why? For one, because finances and accounting, let alone commerce and what “incorporation” represents is rocket science ? Even though most work in or for a corporation (or gov’t), or some, unemployed, don’t, and are hungry, having no “investment income” or “passive income” or income-producing assets (etc.) from which to go buy some food.)

Commentary continued below.  Bookmark the links, call in the show (recommended) and “do not pass go” til you understand and make a decision where you stand on the spectrum:  I want to CONTINUE being stupid, or I choose to STOP being stupid and educate myself by, at a minimum, reading to the point of understanding, how the government I SERVE (if you pay taxes, which you do at some point — you are funding where funding isn’t needed and perpetuation the dishonesty), or I want to throw up my hands, get  back on the treadwheel  because that’s what I know how to do best, and leave it to the experts…. Either way, it’s a decision.

Just a reminder — every member of Congress (half of who are already millionaires) knows about CAFRs.  The question is — do YOU?  When you talk to them, if you ever do, how long will it take for them to figure out that YOU do not?  NB: the more people do, the safer it will be for more of us; this knowledge with follow-through is leverage.


“None are more hopelessly enslaved than those who falsely believe they are free.” –-Johann Wolfgang Von Goethe

CAFR School Week On The Corporation Nation Radio (startedJan. 20th 2014)

For those interested in the subject of the Comprehensive Annual Financial Report (CAFR) of government (in any country or nation), I’ll be doing [Clint Richardson has done] an extensive in depth history of and explanation of governments audited financial statements. I’ll take phone calls with questions about your own individual line items and balance sheets and help with your comprehension of the terms used in this organized criminal “creative accounting” fraud. [Conversations with called-in Q&A being uploaded to the website, first two available here so far]

Listen live!  Mon-Fr  5-7 Pacific  8-10 Eastern
http://republicbroadcasting.org/  Call in: (800) 313 – 9443 Commercial Free Radio Archives http://corporationnationradioarchives.wordpress.com/ Also On Youtube http://www.youtube.com/user/cnrarchives Shows will be posted here!


Download –>http://corporationnationradioarchives.files.wordpress.com/2014/01/show61_jan20.mp3


Download –>http://corporationnationradioarchives.files.wordpress.com/2014/01/show62_jan21.mp3

CAFR SCHOOL Part 3 – coming soon!


“The following are links to study materials and films from all [Clint Richardson's] previous research posted to [Realitybloger.wordpress] blog, some of which [I'm sure he used] for the show. Here lies an immerse learning library representing my now greying hair!”

(Etc. You get the pattern — the related link is underneath the title)

LGH viewers — There are more links below these on the original site, they are in plain English, contain examples, and if read should result in understanding the message the CAFRs tell the public about how government (1) operates and (2) communicates about its own operations to the public, versus among the various branches.  This information is leverage and needs to be understood

In case you still don’t get it, here’s a segment (like about half) from the Government’s Conflict of Interest:

Government’s Conflict Of Interest
(Top part of blog by Clint Richardson)

I am so saddened as of late that these types of “petitions” are the focus of so much wasted energy. Writing, calling, and even worse… emailing your “representative” in this kind of futile effort is the worst part of our mutually controlled opposition. The sense of satisfaction and patriotism that is felt by these actions is indeed exactly the desired effect of these actions. They accomplish nothing, and yet makes whole groups feel a sense of accomplishment. A petition has NO legal jurisdiction. A letter is scanned and then filed in the trash, while emails are dumped into a folder on a digital archive never to be seen again.

What a game we play – pawns moving around exactly as we are lead, never changing anything, begging our masters to do what’s right and to start representing us. It’s pathetic!

Don’t you understand? The government owns Exxon Mobile. It has controlling stock interest in the company. It owns British Petroleum, Chevron, and any other petroleum based companies you can think of. If it didn’t have a major or controlling financial interest in BP, that gulf oil spill would have been immediately cleaned up! It wouldn’t have cost the government anything to force this corporation to clean up its mess.

Don’t you Understand? Of course the government gives billions and billions in R&D grants to Pharmaceuticals and medical companies. Government owns those as well, both national and international. It hands these subsidies to these companies because it is profitable for government!!! It must do this to justify its tax collections.

Don’t you understand? They wont stop giving their own profitable businesses subsidies (taxpayer money) just because you say pretty please. They wont stop making a profit to save a few square miles of farmland or housing. And they certainly wont change anything just because a bunch of pussified patriots sign a piece of paper demanding it.

And so, I have compiled this list of just the New York State Retirement Fund’s holdings in Pharmaceuticals, oil companies, the media, and other industries. This is only one out of over 200,000 governments, Federal, state, and local. And if just one single government owns this much in these companies, the answers to the following questions should be as clear as day… government owns and profits from these corporations, and passes the laws which regulate them and to guarantee those profits, regardless of what the public wants. The answer to all questions is simple… it’s just business.

Why are pharmaceuticals and medical companies out of control and killing people? Why is cancer the number one most profitable business, despite proven cures? Why are vaccines soon to be mandatory without one shred of evidence as to them being medically sound? Why are banks allowed to charge practically unlimited interest despite usury laws? Why are banks allowed to foreclose on millions and millions of homes? Why are banks allowed to ignore state laws in lieu of federal laws? Why are products made in China all over the stinking place? Why are dangerous and poisonous products being imported into America? Why is the American market so saturated with foreign products? Why was Exxon and BP not required to clean up their historical oil spills? Why is oil still being used when such vast and wonderful alternatives are all around us? Why is the media lying and misinforming us at every turn, supporting government in every way?

All of these questions are answered by this simple realization…

Government owns it all!!!

Government is in a direct conflict of interest by being major majority shareholder (owner) of all significant corporations, both foreign and domestic….

Continued from above:

Some others (a few) of us had to stop and look, because we could not stay “gainfully employed” while around the courts. And discovered — not through NAFCJ.net, but actually considering the concept of HHS Grants and Nonprofit Incorporations definitely was better than singing change.org petitions without link to the proposed bills, etc.) –the courts AND the school districts, both of them heavily engaged in educating and training (for profit) masses of people literally ARE forms of government. And that while they do NOT need our tax dollars to fund operations (any more), they are still collecting them so people believe they do — and so the masses don’t get too unruly. Forms of control, forced imprisonment, forced medication, forced disruption of families, and, face it, wars — are ongoing.

I have fought now over two decades the most basic and outrageous forms of organized hatred and spite (including in the form of social, cultural, institutional and of course institutional passivity in the face of known violence) on behalf of personal survival and the next generation, my own children. And the closest I can come to a way to organize a STOP to the insanity is making sure first YOU, then no less than FIVE other people grasp the concept of the CAFR. This may require looking until you find where people sufficiently angry about the various tragedies are ALSO: (a) alert, and not yet (b) brainwashed into (see above descriptions of how NOT to to respond).

I have had some (somewhat unusual probably) lifetime exposure to upper middle, and lower (IF classes are measured by income alone) sectors of the country, and I can speak personally to the ethical and often financial illiteracy of the middle class, whether they are educated in private or public schools, on the history of the country and on basic government and business operations — as even concepts. Whether people flunk or exceed in our public school system, from K-12 they are still being indoctrinated in how and what to think and believe about our country, rather than be given the freedom, free TIME, the tools, and the motivation to understand it without “group guides” (on public funds) to tell them what to think about what they see.

You cannot grope blindly and understand it (a blogger who refuses to link to THIS blog, but will link to almost anything else, without screening the originating group for identity or legitimacy) even made the excuse, referring to herself and efforts to reform the court, we are like five blind men groping at an elephant. I replied, speak for yourself, I blog the elephant in the room, give people a chance and put up a link.

Referenced above, here’s the segment from W. Burien’s 9/2010 response to Ellen Brown’s call for Public State Banks (in fact the Public Banking Institute was named and probably website set up in 2011.  Rather than maintain fiscal accountability, it was done under another California nonprofit’s name.  Perhaps something is in the water out here???

Found (for the first time 1/29/2014, posted same day) at:  CAFR1 on State Run Banks – In Reply to Ellen Brown’s article of 9/10/10
(I’m going to reverse the color scheme above, hopefully this will catch someone’s attention, if we have become a nation of people who only respond to moving pictures and bright animated creations that capture our imagination — for a few months, weeks, or moments at a time…) (Neither writer is responsible for my sense of color….):

CAFR1 on State Run Banks – In Reply to Ellen Brown’s article of 9/10/10:On Fri, 9/10/10, Ellen H Brown wrote:

From: Ellen H Brown
Subject: latest article — “A Solution to the Federal Debt Crisis?”
Date: Friday, September 10, 2010, 6:06 PM

Hi, here is my latest article, posted on Global Research:
“A Solution to the Federal Debt Crisis? Time for Helicopter Ben to Drop Some Money on Mainstream”
http://www.globalresearch.ca/index.php?context=va&aid=20962Best wishes,
Ellen Brown



Speaking in Plain language for all to understand:

CAFR1 on State Run Banks
by Walter Burien


Ever hear of the New World Order?  — A NWO primarily run by corporatist government attorneys?

Government is the NWO. The NWO is not coming from the outside; it is home grown by institutionalized government finance right here.

Over the last seven decades government investments have quietly taken the investment wealth all over. The mortgage bailout mentioned in the article I am replying to cites that $1.25 trillion dollars was used to buy distressed mortgage bonds at the end of 2008. In reality, that money was used to bail out the government’s own investments to keep themselves in the black.

 (Burien, cont’d, @ CAFR1 on State Run Banks – In Reply to Ellen Brown’s article of 9/10/10)“So what is this presentation within the article I am replying to about state run banks promoting?ANSWER: The next step in the ability to steal massive wealth while the public is treated like 100% idiots. The Federal Reserve was created as a centralized valve for constraining or releasing dollars, whereby the economy was controlled. Wealth transfer was consistently accomplished to serve its primary investors, the various institutional investment fund of “government”.The fact that collective governments are the primary investors with the Federal Reserve banks gives the meaning and definition of the “silence is golden” rule.So now that the grand theft has taken place at the end of 2008, phase two goes into operation: “Cut out the middle man and hold the bags of cash yourself”.Disengaging from the Federal Reserve that government has always kept under lock and key in government’s pocket since day one, our government proposes doing it from this point forward directly for themselves through a conglomerate of state run banks.By exercising the blatant greed and their own tendency for theft, already firmly established within their own corporate personas, the state banks can vastly expand the ability to apply fractional reserve banking and do so up front and personal.  This expands their already over- bloated wealth bases.

If done as planned, things will appear to smooth out for a few years while the balance sheet numbers massively expand within local governments. Then the final phase of grand theft will be set into play, only done now on the local government level.

When that balloon of State run fractional reserve banking bursts, you can kiss the United States goodbye. During the interim leading to such a bust there will be much money changing hands, greasing the skids of perpetuation of this phase, and the economy will appear to be recovering.

The international cartels are depending upon, promoting, and joyously awaiting the application of the state’s greed to expand their own internal empires, knowing definitively that when that bubble bursts, which I am sure they will arrange for, they can then walk in and buy or in effect steal everything at 5 cents on the dollar.

I was never a commodities trader, and didn’t see this so quickly — however, neither was I “born yesterday.” From a number of different angles, I can say that this explanation makes sense — and Public Banking Institute — as well as how trustworthy certain fast-talking individuals’ personal (#1) accuracy [accuracy] and (#2) demonstration of concern for the public by choosing honest nonprofits to hang with and be sponsored by (en route to solving global — and of course USA problems) — makes no sense. But of course if you go by pretty websites, then by all means, make life decisions based on website appearances and not contents. Pay no attention to corporate structures or inter-relationships, and of course remember NOT to read (or comprehend) any CAFRs…it might disturb your peace….and re-arrange perspectives.

I’d say more but have a post in draft and some uploaded pdfs to go with it.

3 Responses

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  1. I referenced, above, ‘Changing the COnversation” and Ms. Ellen Hodgson Brown, Public Banking Institute and its incorporation track record. Actually, I’d already posted half of this conversation on 1/24/2014 (I tend to focus on a single post at a time, when one is published, sometimes it’s off my chest (knowing it’s been at least published) and not in the front of my active memory, which to tell the truth, has plenty to deal with on a daily basis, and has storage limits and processing limits….

    How and When to Change, Ditch, (or Track) the Conversations of “Public Interest” Crusades. (that’s the title and date — link on sidebar at least until I write about 12 more posts, assuming I do)…

    There is, however, a second part to that comparing the two conversations, which is interesting enough (I feel) to post.

    meanwhile, here’s a link to the EB California State Bar record, notice it spirally in and out of “Inactive” status year by year — and with in a short time of passing the bar “Ineligible to practice law” which could mean any of whatever that definition represents…. among these choices, it says the 1981 suspension was simply failing to pay bar dues. Compare with the track record of the chosen organization for fiscal agent of the Public Banking Institute — at least the were consistent and didn’t file for MANY years in a row… despite revenues that would’ve required them to. As I believe my post notes, who knows what happened before the public accessible files posted on California Charitiable registries (i.e., what happened between 1978 and about 2001/2001) with Inquiring Systems Inc.???

    Not Eligible to Practice Law Those listed as not eligible may not practice law in California. There are several reasons that may result in this status, including suspension, involuntary transfer to inactive status and failure to pay mandatory State Bar fees.

    Not exactly the most stable situation (I note her personal bio mentions 11 years out of the country and a divorce, or an ex, which presumes divorce):

    Ellen Louise H. Brown, Bar # 79248
    A UCBerkeley (undergrad, presumably) with law degree from UCLA School of Law).
    Presently Inactive, but eligible to become active (i.e., not suspended, disbarred, or anything like that).

    Status History

    Effective Date Status Change
    Present Inactive
    1/1/1999 Inactive
    5/6/1998 Active
    1/1/1993 Inactive
    7/15/1992 Active
    1/1/1992 Inactive
    7/22/1991 Active
    1/1/1990 Inactive
    3/8/1989 Active
    1/1/1989 Inactive
    9/10/1988 Active
    1/1/1987 Inactive
    9/19/1984 Active
    7/6/1981 Not Eligible To Practice Law
    1/27/1978 Admitted to The State Bar of California
    Explanation of member status

    She is now wanting to run for State Treasurer and selling the concept of DEBT, it looks like. Part of the system, for sure (http://ellenbrown.com).

    From Austerity to Abundance: Why I Am Running for California Treasurer
    Posted on January 15, 2014 by Ellen Brown

    Governor Jerry Brown and his staff are exchanging high-fives over balancing California’s budget, but the people on whose backs it was balanced are not rejoicing. The state’s high-wire act has been called “the ultimate in austerity budgets.”
    Welfare payments, health care for the poor, and benefits for the elderly and disabled have been slashed. State workers have been downsized. School districts in need of cash have been reduced to borrowing through “capital appreciation bonds” bearing 300% interest. In one notorious case, the Santa Ana school district actually borrowed at 1,000% interest. And the governor acknowledges that California still faces a “wall of debt” amounting to $28 billion. Some analysts put it much higher than that. Read more »
    Filed under: Ellen Brown Articles/Commentary | 31 Comments »

    Get this:

    In the fall of 2011, a bill for a feasibility study for a state-owned bank passed both houses of the California legislature. The Public Banking Institute, which I founded and chair, was instrumental in helping to get the bill as far as it got. But it died when Jerry Brown vetoed it. His rationale was that we already have a banking committee, and that the matter could be explored in-house. Needless to say, however, we have heard no more about it since.
    I am therefore running for California State Treasurer on a state bank platform, along with Laura Wells, who is running for Controller. We are throwing our bonnets in the ring for the opportunity to show the Governor or his successor that a state-owned bank can be our ticket to returning California to the abundance it once enjoyed.
    I was a recipient of that abundance myself. I got my undergraduate degree at UC Berkeley in the 1960s, when tuition was free; and my law degree at UCLA Law School in the 1970s, when tuition was $700 a year. Today it is $13,000 and $45,000 annually, respectively, for in-state students. In the 1960s, the governor of California was Jerry Brown’s father Pat Brown, a New Deal visionary who believed that investment in education, infrastructure and local business was an investment in the future. Our goal is to revive that optimistic vision in 2014.
    We are running on the endorsement of the Green Party – along with Luis Rodriguez for governor and David Curtis for secretary of state – because Green Party candidates take no corporate money. Candidates who take corporate money – and that means nearly all conventional candidates – are beholden to large corporate interests and cannot properly represent the interests of the disenfranchised 99%.

    Yep, there’s a reason they don’t take corporate money IF that’s true — they’ve already stolen from the public through tax-exempt multi-layered nonprofits which show complete disregard for the public’s right to some transparency, and of course for regulations which apply to — themselves, i.e., charitable trusts (which are to file annual RRFs to California, and Tax Returns to the IRS depending on revenues, etc.).

    What comes to mind, personally, is ACORN….
    And a few other examples. It’s a very arrogant generation, seems to me (I missed it by a few years, personally, and possibly got sidetracked? by actually having a profession and pursuing it. Silly me, didn’t know the larger picture…..)

    Just stay tuned (or heck, research it yourself). Check out the comments field.

    Note — I’m sorry to see Carl Herman (who knows about CAFRs also and is a Californian, I think, and has also been exposed to Burien’s writings, looked at them, reported the holdings)…. and this is a Jan. 2014 approval also:

    Carl Herman, on January 15, 2014 at 7:54 pm said:
    Awesome, Ellen! Thank you for clearly and powerfully communicating our economic central facts
    0 2 Rate This


    Carl Herman, on January 16, 2014 at 6:31 am said:
    Hi Ellen,
    I just shared your article with ~2,000 Advanced Placement Economics teachers
    0 2 Rate This


    Let's Get Honest

    January 29, 2014 at 6:36 pm

  2. […] Get Real(itybloger)! — Call In, Read the Links on CAFRs, Review Regularly. January 23, 2014 […]

  3. The post referenced above – -here’s the link. The visuals (i.e., websites of advisory boards, related nonprofits, etc.) on this one should be interesting…


    After having fired off a comment (on the site), gotten the response, responded to the non-response and made the points I still have no answer — why would someone talking about public banking in the public interest, be choosing for a fiscal agent, a non-filing (properly) nonprofit like ISI? I also asked a few other questions (FYI, the active/inactive state bar status isn’t the major issue; but having been out of the country during welfare reform years in this country and not addressing it, IS a valid issue; major restructuring of the federal finances, including where they went, needs to be looked at.

    The next several posts (assuming I can get them out) demonstrating the PLANNED re-write of the Social Security Act to privatize the service providers, and put the screws to low-income families some more. Our government (particularly HHS and in this subject field, also DOJ, DOL, etc.) is simply taking its vast stores and pouring them back into corporations.

    Burien talks about how government (and again, that’s a PLURAL and COLLECTIVE as there are pooled accounts; also see CALPERS, one of the largest public pension investing platforms around) is itself investing in corporations — not just in, itself.

    While Fitts, separately, confirms that there is a policy (not just practice) of investing — at least as to HUD, and HHS is definitely related) — with a NEGATIVE ROI for the public, but using the public as the credit guarantee for private corporations. Such a deal!

    Anyhow, while all of these want to lecture us about how the working classes should behave, so the various corporations make sure to have adequate low-wage workers, and the privatized prisons are kept to capacity for THEIR shareholders, I think it would make a whole lot more sense for both “low-income” families and (if they could get off their working behinds inbetween going to and coming from work to look at this) ought to seriously study how the wealthiest running the place GOT that way — and how the tax code relates to this.

    Again– cut out the taxes, starting with the income tax, (remove tax perks for the religious groups while you’re at it) and let’s see how balance of power is redistributed!!! Might some of the wage-earners have more free time to study their CAFRs, or in fact, anything else they set their minds to?

    Again, I say this seeing the practices — population control. Figure out who wants NWO and who doesn’t, and make a decision which you want (IMHO)…then make also a decision, accordingly, who are friends and who are talking like friends but working another agenda.

    Well, back to those other draft posts…

    Let's Get Honest

    February 16, 2014 at 4:32 pm

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