It 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.”