Posts Tagged ‘CALPERS’
Accounting Literacy Matters. Cause-based Literacy Doesn’t. (Spring 2010, Ellen H. Brown tangles with Walter Burien’s info, or at least tries to.) [First Published 5-3-2014].
It’s July 2017, I’m about to reference this post again, so I’m cleaning up some formats, changing its basic font, and adding post title with short-links to its contents as is now my habit. Part of this habit is also from adjustment to the blog upgrade, which has a sort of sickly-looking background color, unless changed at the top of each post, I discovered after the upgrade…(!) The post title was also incorporated into the Blog Motto on upgrade, and it gets mentioned on my top “sticky” post and related page — so I guess over time I have considered the points it’s making still vital! They show in part a lawyer’s response who became involved in pushing the “public banking” model to someone knowledgeable of the significance of CAFRs and their presentation of collective revenues and assets of government entities, etc.
On the update, re-checked the IRS and found it unusual timing that just two weeks after this “never-registered”(as a charity) Public Banking Institute based in California was first published (May 3, 2014) the IRS revoked its status (May 15, 2014), shown below. For status to be revoked requires three years of non-filing (tax returns) let alone the requirements to file as a 501©3 within the state of California. This sends an overall message that “rules,” and laws, are for someone else, not the reform-minded…So, I posted that information too, along with the EIN# which hadn’t been shown before, I believe.
Anyhow, enjoy! //LGH on 7-7-2017.
This blog has been sitting in draft since January. I cleaned it up, fleshed it out and am publishing. Meanwhile, I’ll be over at Cracking the Cult of the Constitution by Clint Richardson, and tell you why when I get back. Particularly on the topic “Corporations Sole.” (3 part series from August 2013).
Look for these two colors in a side-by-side column format to see the conversation that inspired this post. I’ve added material to a middle section one day after publishing this post (added Sun. 5/4/2014) because I think it’s relevant. Alternating color scheme (dark green/light-beige with red fonts) section is more about the particular institute set up AFTER the conversations of 2010.
Some months ago, I also got entangled with the “Web of Debt” conversation; not because of CAFRs, in particular, but because I also live in California and wanted a few answers I wasn’t seeing on the site.
The strange response to a single comment on a blog (from someone I was a complete stranger to) led to my further inquiries about “Inquiring Systems, Inc.” and some of the issues below. What I see is someone trying to sound more intelligent than he or she is (see below), and trying to seem more concerned about the disenfranchised 99% (us poor slobs) than the associations and behaviors would indicate.
Which one was the attorney, well keep reading.
Profits and Pitfalls of Intergenerational, Family-Controlled Public Corporations (K-V Pharmaceuticals)
It started here, piddling around* on the —
Business Entities
Then, clicked on “Disclosures search”
Publicly Traded Disclosure Search (California)
*for “piddling around,” that’s part of how I learn. A synonym is “checking this database again,” and the general interest was, how large a sector, really, is involved in public-traded companies in my state? (I’ve spent so much in the nonprofit sector, and how they work in)… It’s a mindset. There is a way to search “All Companies” at the bottom of one of their screens. I found this, looked at it, picked out one, picked out a director’s name, and took off from there.
These are organizations that sell their stock, and are under the SEC regulation. As the public, we get to know what their officers are making, if they’ve in any legal or criminal proceedings (it happens), and in general, take a look at how another half (so to speak) does business, inbetween listening to how those who run the welfare system want believe is a better way to live.
The coincidental find was just too danged interesting, not to report — and again shows how deeply entrenched the pharmaceutical industry HAS to be with government if they want to do business. HOWEVER, this post is close to simply my reading notes; and general FYI info. …WYSIWYG…
I do think about this, after two decades of fighting the same issues (essentially) with the same people, plus some (essentially), when in truth, I’d just rather be working – than listening to people trying the guilt trip on my failure to work around the aggressions, or seek out how to keep or reconnect one basic service or another — like phone, internet, transportation, or to hold it together to get food, barring the ability to (who does this anymore?) raise my own.
I can see that the discrepancy between wage-working public and those running public-traded companies, especially in the Pharmacy business, is pretty remarkable. Pushing drugs via Medicaid or Medicare can be risky, if you have a crook at the top.
My search was so unbelievably random — I just happened to start looking at the list of public traded companies (in California). There are over 13,000 of them.
Preamble (Ramble)
If you don’t like these, just scroll down and read the articles, and the public disclosures.
I found this shed some light on the preachy tone of Congress on how they should centralize operations to better lift the poor out of poverty. Is that how THEY make their wealth?
This ENTIRE conversation is shown in its true colors if one begins to examine the people studying the poor — and contrast how they make their living (which is, off the poor, or studying them in institutions funded by corporations that made their wealth, originally, HOW???…. Ford, Rockefeller, Carnegie, …. HOW??? And closely controlled it thereafter…
The fact is — the general idea is to keep a handy source of low-wage laborers and substandard (at least when compared to the schools of the elite), conditioned to understand their lot in life (competing with overseas), remembering how great America is, while convincing the same masses to give up more and more liberty for less and less “ROI” on the same.