Go get an education about your state's CAFR or combined annual financial report. In it will show where the profits/revenues are being filtered and grown through investments. Is it legal to hide this from the public? Probably. Can we the public change the laws to access OUR money? Of course we can. It has to be done just like Tim Eyman did. One half a million signatures putting it on the ballot to change the law. Simple. Go get 'em.

From Walter Burien~

From: The State of Washington 1998 CAFR I reference the following:

Page 106 - 40.093 Billion Combined total assets of Pension Funds Page 107 - 12.406 Billion Assets of Enterprise Groups Page 154 - 18.907 Billion total annual (1998) revenue take collected by the state, with (1989 page 185) being 9.5 Billion a 100% increase (1989-98) Page 161 - 42.349 Billion Trust and Agency Funds (1998) investment total (1997) 36.474 Billion (a six billion dollar increase in one year) Page 189 - 4.5 Billion Total Property taxes (1997) levied (1988) 2.1 Billion, over a 115% increase

Based on Washington State government's "over-all" financial condition there was no need for any property taxation for the last 5 years. If due to I-695 they target cutting consumer sensitive operations, in plain language, kick their asses out in the street and close the door behind them.

Want to learn more about CAFR? Meet Walter Burien the 'Tim Eyman' of the secret financial reporting 'scheme' on city/county/state and federal levels.

Read/listen here:

Here is Walter's 'unofficial' website:

http://www.buildfreedom.com/cevi/cevi_1.htm

Here is the 2 part article and commentary from World Net Daily:

http://www.worldnetdaily.com/bluesky_exnews/19990614_xex_the_governme.shtml

http://www.worldnetdaily.com/bluesky_exnews/19990615_xex_secret_slush.shtml

http://www.worldnetdaily.com/bluesky_btl/19990615_xcbtl_government.shtml

Here is an article from the Spotlight:

http://health.microworld.com/html/latest_news.html

Walter appeared on the Geoff Metcalf show in Nov. 98 and on Jeff Rense Dec 11, 1998. You can listen to the Rense show here if you have real audio capabilities.

http://www.broadcast.com/shows/endoftheline/9812/end1211.ram

Does Tim Eyman know about this? Yes, he has been told. It's time to light a fire under him.

-- C Deitchman (cdeitchman@solar.stanford.edu), November 16, 1999

Answers

This would be worth some investigation. I see you include Pension Fund money, that the state holds for the retirement of ALL GOVERNMENT employees within the state. That is not the states money. I also see Trust and Agency funds, that I believe are also funds held in trust by the state but are not state funds. This kind of information needs to be evaluated with some knowledge of what it actually means. You can't make assumptions based on what was presented above.

-- dbvz (dbvz@wa.freei.net), November 16, 1999.

I wish Tim would run for office, it would give me a chance evaluate his detailed solutions. Some of the contributors to this board have had quite a few ideas on how to proceed, are any of you considering running for local office? You've shown that you can do extensive research. In many cases, your sharing of the sources of the information you use to back up your argument has been quite helpful. Safe to say, I probably don't agree with all of you, but the dialog, (Excluding the troglodyte/conservative/liberal/etc excesses), is actually quite refreshing. (Yeah, okay, so I grew up in a family that resembled "The McGlaughlin Group", so what?). Has Tim been asked to run by any of his close supporters? If so, I don't know if I've heard what his response was. I know John Carlson has said that he doesn't think Tim should, but that sounds like a waste of talent to me. I would hate to thing John is just another member of the media establishment.

-- Jim Cusick (jccusick@att.net), November 17, 1999.

Tim who?

-- Paul Oss (jnaut@earthlink.net), November 17, 1999.

Paul Oss, you're either trying to be a funny guy, or you're spending a lot of time on a discussion board you truly know nothing about.

Hint: there wouldn't be this discussion board if it weren't for Tim. Tim Eyman, the sponsor of Initiative 695. The guy who pounded the pavement and got enough people riled up to collect one half a million signatures to get the initiative on the ballot.

That Tim.

-- C Deitchman (cdeitchman@solar.stanford.edu), November 18, 1999.

dbvz...here's your answer.

These two areas are two of many, but addressing the two issues I state the following:

Per the pensions, excessive surpluses should be returned to the employee and the employer. In many a case they are between 125% to 220% funded. Example:

Arizona State Retirement fund after allowing for 125% funding would allow for a 9 billion dollar refund.

[Try to comprehend what this would mean to Washington state]

Per Trust and Agency funds, surplus revenue over the dedicated amount is just that, surplus revenue. Keep in mind most states have experienced a 100% growth in revenue taken in annually in the last ten years, When comparing the liquid net worth of the private sector with composite government's in a state (all local government) against the private sector, the private sector is now dwarf in comparison in most cases. I guess we set the blue print for Russia to follow to establish true productive absolute financial control over the population. The individual is so busy looking at a leaf, branch or tree in the forest, he has become oblivious to the forest. Composite liquid investments of all local corporate governments (54,000 separate corporate entities) and federal now equals in excess of 60 trillion dollars.

The corruption and empire building coming forth therefrom is reprehensible. The public let it happen. We left the vault door open, and in fact 95% would say "vault, what vault?" and those sharp little crackers said thank you very much, have a good day. There is no gray area here. The stupidity in the public lies in not comprehending the decades of investment growth. The public is always directed to the annual operating budget which is insignificant when compared to the composite investment and corporate ownership now in hand by composite government. The wake up call is given. The hour is late and the call mostly unheard.

Walter Burien

-- CDeitchman (cdeitchman@solar.stanford.edu), November 18, 1999.

I see a reference to another state, and a sermon; but not an answer. In Washington, the pension funds are managed by the state for he government workers. Some of that value is the paper worth of the stock market, and that could change in a few weeks significantly. As for returning any excess to the workers and the government employers, they do that. About mid-1999 the paper worth of the investments was the basis for a big cut in the contribution rate required of employer and employee.

If you have a specific point about these funds, I would like you to state it, and present some documentation that supports it. If the point is government collects and spends a lot of money, we already knew that. It takes a lot of money to build and maintain the infrastructure, and provide government services. What part of that do you suggest be reduced or eliminated?

-- dbvz (dbvz@wa.freei.net), November 18, 1999.