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State of Wisconsin under Walker fails to disclose 67 Billion in usable assets

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Home Building and Loan Association v. Blaisdell.

A State law that makes it a crime to require employees as a condition of employment to agree not to join a union violates the 14th amendment's due process provision. Coppage v. Kansas.

The following is information by the original financial auditor who was an official C.P.A. for the U.S. Air force before retired.   His website is absolutely essential reading if you as a taxpayer care about yourself or your children not becoming slaves in this country.

Colonial Klatt said the following in 2004, the year that he died;

On December 23, 1913, Congress passed the Federal Reserve Act. Mr. Lewis, a private citizen, was injured by a Federal Reserve vehicle and sued the U.S. government.

On April 17, 1982, the court ruled: "...that since the Federal Reserve System and its twelve branch banks are private corporations , the federal government could not be held responsible." Lewis vs. U.S., 608F 2d 1239 (1982)

Tax Reductions are Unfairly and Inequitably Applied

The Wall Street Journal editorial section recently stated that individual Federal income taxes account for more than half of all federal revenues. This means that only half of the current and projected surpluses are derived and will be derived from the individual income tax.

One half of the current and projected surpluses are based on all other taxes and revenues the Federal government receives, such as gasoline and fuel taxes, telephone assessments/fees, and many more too numerous to mention. The majority of these myriad other taxes are paid by the 90%. These are the revenues returned based on percentage of income tax paid instead of the other way around.

Thus all of those surplus revenues will be returned to the people based on the individual income tax. This means that middle and lower income individuals and families who pay little in income tax but contribute to one half the surpluses are again getting the short end of the stick.

This is a brilliant method of transferring the wealth of the country from the 90% to the wealthy 10%.

The above deals with the Federal government, but the same is true for State and local governments.

The Wealth Gap and Communism


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10% Own 73.2% of U.S. Wealth

A Wall Street Journal article was entitled, "Wealth Gap Grows: Why Does It Matter?" It stated in summary:

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