Sent: Thursday, September 25, 2008 4:09 AM
Subject: This is a must to include in all "meltdown" emails and
posts.
CAFR1 Subscribers:
The following three reports should be circulated to al1, and all should do
the same..
1. The Federal Reserve's - Comprehensive Annual Financial Report
(CAFR)
2006 - http://cafr1.com/STATES/FedReserve/FR2006CAFR.pdf
2007 - http://cafr1.com/STATES/FedReserve/FR2007CAFR.pdf
2.
The US Treasury Auditor Generals Report on the top Bank derivative holdings with
it being noted to look down 2/3rds through the report to the "Table" section to
see the dollar values (in millions so add six zeros to the shown numbers)
Example: JP Morgan Chase - #1 - Net assets 1.4 trillion - derivative positions
90 trillion dollars.
2008 March - http://cafr1.com/STATES/US-TreasuryReports/BankDerivativesMarch08.pdf
3.
The US Treasury Auditor Generals Report on top Bank mortgage holdings and
performance.
2008 June - http://cafr1.com/STATES/US-TreasuryReports/MortgageJune08.pdf
People
are guessing at whats going on behind the door. No longer, walk through the door
and look. See through the looking glass.
These three reports should be
viewed by the world to see the "scope" and reality of a good piece of the money
involved in moving the markets. (over 250 "trillion" dollars in derivatives).
The derivative report shows that between the top five banks they can control the
ups and the downs at will by the shear scope and size of their leveraged
derivative holdings. They can destroy their competition after liquidating their
revenue by market manipulations and then eat them up at pennies on the dollar.
The moves we are seeing in the market place are not random, they are created by
those wielding the greatest leverage through the use of the derivatives
held.
People talk about drug dealers and how they can destroy lives, but
how many can look at their books to see the who, where, when, and how much.
These three reports give you a good look at the same per the Banks, so look,
learn, and share!
Do they need 700 billion or so in taxpayer funds? NOT!
Do they need a jail cell? Now that is a more reasonable and timely question to
ask..
Sent FYI
Walter Burien
http://CAFR1.com
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Pension funds pay
a salary and benefits at retirement. Any local government can be restructured to
meet their annual budget needs "Without" taxes. TRF (Tax Retirement Funds)
paying for every City, County, State’s annual budgetary needs! This now makes
the people the true owners with government being the true service provider.
Government has already shown that a TRF works by example through the management
of their own combined multi-trillion dollar pension funds! CAFR1 says: Make it
law and make it so!
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