Kris Millegan: I read some of your posts on the conspiracy bbs. Have you read Bernard Lietear's stuff at <http://www.transaction.net> ? He wrote an interesting article for Yes! magazine called "Beyond greed and scarcity". Also, check out Frederich Mann's writings at <http://www.buildfreedom.com/eco5.htm> which is titled the economic means to freedom and E. C. Riegel "New approach to freedom and private enterprise money" at <http://www.mind-trek.com/treatise/ecr-pem/index.htm> -------------------- Return-Path: <[EMAIL PROTECTED]> Received: from nt10.iamerica.net by ns2.iticom.net ; Thu, 21 Jan 1999 20:37:12 +000 Received: from poncacity.net (ponca-ppp181.poncacity.net [207.101.251.190]) by nt10.iamerica.net (Post.Office MTA v3.1.2 release (PO205-101c) ID# 0-39971U10000L10000S0) with ESMTP id AAA341; Thu, 21 Jan 1999 14:34:10 -0600 Message-ID: <[EMAIL PROTECTED]> Date: Thu, 21 Jan 1999 14:41:56 -0600 From: DanMeador <[EMAIL PROTECTED]> X-Mailer: Mozilla 4.07 [en] (Win98; I) MIME-Version: 1.0 To: Cal Schindel <[EMAIL PROTECTED]> CC: [EMAIL PROTECTED], [EMAIL PROTECTED] Subject: Re: [fwo] GENL References: <[EMAIL PROTECTED]> Content-Type: text/plain; charset=us-ascii Content-Transfer-Encoding: 7bit X-DPOP: Email supplied by temporary trial Version 2.2q of DPOP Cal Schindel wrote: > Woodsman, I don't know exactly where you are located but maybe in > Wisconsin. Pay attention to what Jesse Ventura is doing and what the > news media says about him. He knows about the comprehensive annual > financial reports and where the trust funds the bureaucrats have been > squirreling away are located. You'll be able to tell when the pigs > start squealing. The bureaucrats have a vested interest in seeing bond > issues pass because they have been financing them thru their own trust > funds. The bond issues are sold through a broker who gets a big (BIG) > commission and then further discounted to the buyer. Just more of the > hidden game. MEADOR ADDITION I would like to add to this from a few additional directions, the core concept being, "Truth is consistent." Jesse Ventura has obviously opened a ripe plumb -- he is demonstrating that all levels of government have stashed abundance, then hidden the assets through manipulated financial reports. As more people around the country delve into financial holdings of government entities, there will be greater incentive to move to the next obvious question: "Why?" There have been several initiatives on that side of things that haven't been generally discussed. However, the obvious answer to "Why do public servants hoard hidden public assets," is, "Public servants in some what have the opportunity to profit from them." A group centered in North Carolina has unearthed approximately 170 large corporate entities that registered as "non-profit" corporations in 1969. The serve as "controllers" in the Cooperative Federalism scheme; it appears that they operate through alcohol control boards of the several States. Another initiative in California seems to be exposing kickbacks to judges in various ways. I don't know details of what is happening now, but research in the 1995-96 period out of the Northeast documented an off-shore trust that supposedly operates for the benefit of Federal judges. If the California report is correct, that particular nut may be cracked. The third vehicle I am aware of is the limited partnership -- each of the several States has limited partnership laws on the books. These entities, including family limited partnerships, are treated in the tax code as trusts. In fact, one of the nation's more successful associations involved in structuring tax shelters uses family limited partnerships modeled on the Melon family family limited partnership for the advantage of middle and upper-middle income families. Where the limited partnership not attached to the family is concerned, it appears that projects to be funded with public funds may be employed to share the wealth. A general partner will engage whatever enterprise is at issue, but limited "silent" partners aren't necessarily disclosed in the limited partnership arrangement. Let's suppose we're going to build a public housing project. Maybe a developer will establish a limited partnership to purchase the land. From the time of the initial purchase, which might be prior to a general announcement of what location has been selected, the property may be sold several times, with each sale increasing the price, until purchase is made for the purpose of construction. Maybe the original sale was for a hundred thousand dollars, but when the construction purchase is made, the cost might be $1.2 million. Those on the development side and the "inside" public servants thereby secure a tidy profit on the front side of the project, then, of course, the game can begin anew when actual development commences. Don't for a minute think hidden assets are hidden without reason. /s/ Dan Meador.
