IRS Allows Vaccine Companies To Claim Revenue On Vaccines They Never Even Produce

IRS_cartoonIt is documented fact that the private vaccine industry receives large cash payments from the federal government to produce “life-saving” and “emergency” vaccines that the public is told are necessary to thwart certain disease crises. But did you know that many of these vaccines are never even manufactured, and not only are vaccine companies paid with your money (if you’re a taxpayer) regardless, but they are also awarded special accounting privileges that claim these payments as revenue?

During a recent segment on The Robert Scott Bell Show, certified public accountant (CPA) Ty Bollinger explains how many childhood vaccines, as well as the influenza vaccine, are basically exempted from normal revenue recognition rules. These special rules allow vaccine companies to immediately recognize revenue from vaccines for stock price and profit purposes, even if those vaccines are never manufactured or delivered.

“We’re living in a fascist state where the corporations control the government,” stated Bollinger during the segment. “In ASU [Accounting Standards Update] 2009-07, in section 99-1, there’s an interpretive release… it’s guidance regarding the accounting for sales of vaccine and bio-terror countermeasures to the federal government, or being placed into a pediatric vaccine stockpile.”

“The primary objective in purchasing the vaccines… is not to take delivery but rather to be able to require delivery on a moment’s notice. The hope of both parties to these contracts is that the vaccines will never be needed, and thus never delivered.”

Vaccine companies paid to produce vaccines they never end up producing, and are then allowed to report this free money as “revenue” to the IRS

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James Corbett ~ What Is The New World Order? [Video]

Every month James dips into the mailbag to answer questions from subscribers, Twitter followers, listeners and interested bystanders.

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This month he tackles questions on Gary Webb’s “suicide,” mandatory voting in Australia, tax truth, the New World Order, Gladio B, Greenspan the Goldbug, and much more.


SF Source corbettreport  Dec 31 2014

 

Usury: The Problem With The Economic System… [Audio]

Anthony Migchels is an Interest-Free Currency activist and founder of the Gelre, the first Regional Currency in the Netherlands. He joins us to talk about the very central problems of economics today, usury or interest, alternative currencies and more.

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We begin by discussing the problems with our global usury economy, which results in the rich owning the majority of the wealth – a scheme that will inevitably lead to an economic collapse. Anthony explains how the money powers that be have plans spanning centuries and this predatory system, disguised as a free market strategy, is backed by the extremes of Libertarianism and Marxism, philosophies that contradict the very nature of mankind.

We’ll also take a look at how the workforce produces the majority of the wealth for the rich, yet their wages, food and basic commodities are taxed, resulting in total slavery to the state. Then, Anthony talks about the monetary reform movement, which is concerned with the creation of money out of nothing, as opposed to the problem of usury.

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Why The IRS Goes After The “Minnows” And Ignores The “Whales”

“[Jane Kim] also says the IRS has a policy of not enforcing the tax laws that pertain to “large corporate taxpayers,” resulting in the loss of additional billions in tax. On the other hand, Kim says the IRS applies tax laws with “draconian strictness to small business, the self-employed, and wage-earning individuals.” Kim’s letter contained numerous examples of cases the IRS declined to pursue that resulted in nearly $15 billion in lost tax revenues.” – M Nestmann

IRS_cartoonThe intrepid bureaucrats at the Internal Revenue Service have done a superb job of making us fear them. We dutifully file our 1040s, FBARs, and all manner of other forms, consent to having our wages withheld from our paychecks, and suffer indignities on a daily basis at which our forefathers would have blanched.

But it’s never enough. I have seen many examples in my years of experience as a consultant. One client was pursued for 18 months for an underpayment of a few dollars and wound up paying more than $1,000 in penalties to make the IRS go away. Another client filed an offshore trust reporting form one day late and the IRS tried to collect a 35% penalty on a $1 million transfer to the trust.

But I don’t have a large collection of horror stories involving the big Fortune 500 companies. Sure, the IRS took down Swiss banking giant UBS as part of its ongoing vendetta against all things offshore. But these cases are few and far between.

I’ve often wondered if the IRS has a formal policy for ignoring tax evasion and fraud by “whales” (Fortune 500 companies) and instead focusing on “minnows” (you and me).

It turns out such a policy does exist. It may not be formal, but nonetheless, it is real, according to several insider sources, including two high-level attorneys working at the IRS (although perhaps not for long) and one former IRS attorney. Continue reading

Debt, Default, And Taxes (DDT) Are Poison

GaryChristensonThe official US National Debt is about $18,000,000,000,000, or 57 times the current market price of the US gold SUPPOSEDLY stored at Fort Knox, the NY Fed, and elsewhere.  With so much paper in the system it is easy to see why the Fed publicly denigrates gold.

In the single year from Sept. 30, 2013 to Sept. 30, 2014, the US official national debt increased by over three times the value of all the gold that the US supposedly owns.  The total debt and the increase in that debt is clearly “a problem.”

What about a comparison relevant to you and me?

The per capital national debt for all US citizens is approximately 2,600 hours of work based on the annual average wage.  But since only about 100,000,000 Americans are working, that increases the work time to pay off the national debt to about four years.

Repeat:  Every employee in the US would have to work about 4 years at the average hourly wage to pay the national debt.  It gets worse.  The unfunded liabilities of the US government are about 10 times larger (depending on who is counting) and that means every worker would have to labor for 40 years to pay the debt and unfunded liabilities.

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