In recent videos, I explained the flaw of using multiple data sets (B, C, D, & E) to arrive at a conclusion from Data Set A. A flaw in data set B, C, D or E means the database of A is irrefutably flawed. This is playing out across the U.S. now with regard to the property comparisons as seen in the criminal actions of overvaluation and over taxation at the Central Appraisal Districts that create property values to suit a predetermined budget from school districts that raise bonds and transfer the current and future liability of the compound interest and fraudulent principle to the backs of property owners which effects and affects every Citizen and why the Vexler case is now at the Supreme Court of Texas.

Bearing this data set flaw in mind, below is the “Aggregation” of inputs for the CPI, which is used by the Bureau of Labor Statistics which has modified the CPI many times.

Aggregation

For each entry level item (e.g. apples in the Philadelphia metropolitan area) many different price quotes were made in each month. To aggregate these individual price measurements into an index for the item-location combination, a geometric means formula is usually used:

The geometric formula implicitly assumes that consumers exhibit substitution behavior among the various different quoted items (such as apples purchased from one particular grocery store versus another grocery store), whereas the Laspeyres formula does not assume such substitution behavior - indeed, the Laspeyres items are not considered to be exactly uniform or substitutable with each other, even if they represent the same category of item and in the same Primary Sampling Unit (PSU).

By their own definition the inputs of the Aggregation Formula, Weights, Timing, Urban Consumers, Clerical Workers, Urban Wage Earners, A Core CPI index that excludes goods with high price volatility typically being food and energy, CPI specific to the Elderly, means that by the evidence presented in the formula which is not static, all else being equal, and further subject to “erroneous” data input without checks and balances at each level, and subject to interpretation, the CPI is not as much an economic indicator as it is a propaganda machine.

4.)   Speaking of propaganda machines, you might want to read The Federal Reserve is a Failure.

5.)  School District Bonds are raised where the Median Household Income (MHI) does not exist today or tomorrow to pay for the interest on the annually increasing bonds (aka The Fiscal Bond Trap) never mind paying off or paying down the bonds. As seen below the current average annual real estate tax per household across the U.S. is roughly $7,000 being approx. 8.6% of the household gross income. The average family of 4 is living off credit cards and is short around $20,000. Roughly 42,000,000 households across the U.S. will lose the roof over their head and or face bankruptcy. The average household is $9,000 away from bankruptcy of which $7,000 is the property tax. 

THE DIFFERENCE OF SURVIVING OR BANKRUPTCY IS THE REAL ESTAE TAX.

Continuing the theme of propaganda machines, which liabilities are fraudulently assigned to property owners, you might want to read The Whitewashing of Your Tax Dollars Pattern and Practice and The Preamble to Whitewashing. The method of raising the bonds is also fraudulent advertising (bond election fraud) paid for with your tax dollars as now shown in the multiple independent reports are linked within the video discussing whitewashing,  https://www.youtube.com/watch?v=X7E6qX0rKNw.

The most important question is…Where is the money going to come from to pay off the school district bond debt which is between $70,000 per house and $1.3 million per house dependent on location and criminality of the school district and the CAD in that district? Keep in mind that in most cases this debt is not being paid off but rolled out and interest rolled up, which is compounding annually and then additional fraudulent bonds are being raised, and in many cases annually. Celina Texas just had a $2.5 Billion bond raise being the equivalent of $257,000 per house and no evidence of ability to ever paying off the initial principal never mind the interest growing compounded plus additional added fraudulent bond debt for the next 20 to 40 years.

Thus, the school districts that raise bonds are propaganda machines along with their co-conspirator CADs, and are guilty of dozens of violations of law, wherein roughly $5.1 Trillion of fraudulent school district bonds have been raised across the U.S. and as seen in the spreadsheet above, and which cannot be paid off because the Median Household Income (MHI) does not exist. Therefor not only is the equity being stripped out of what would be the reduction of debt of the household mortgage (Amortization), which theft is used to fund the fraudulent overvaluation and over taxation to pay for the fraudulent bonds, but it is worse when you understand that about 60 million Americans actively participate in 401(k) plans and 20 million Americans are covered by state and local government pensions, which are a significant source of retirement income for many public workers and portions of those 401Ks and pensions invest in school district bonds, which cannot be paid off. 

These propaganda machines have deluded the public into willing suspension of disbelief while simultaneously creating Institutionalized Systemic Moral Hazard.

6.)  It seems that crises are manufactured (propaganda of criminals) to consolidate and control capital flows. Mathematically speaking, the real value of the school district bonds is between 13 and 30 cents on dollar today assuming the interest stopped today and no more bonds could be raised, and this does not take into account many school districts where the MHI does not exist to pay any amount meaning the community is bankrupt. Thus, the fraud of the criminals, in violation of the black letter of the law, have stripped the equity from their victims, and transferred the victims’ money, being society’s money, into their coffers. However, fraud can and must be unwound or the system implodes on its own weight because no human and no AI can get blood out of stone. No American is an indentured slave to debt as so stated in the 13th Amendment of the U.S. Constitution which abolished slavery and involuntary servitude in the United States, except as punishment for a crime. The victims did not commit bond fraud, the criminals did. The 13^th Amendment also paved the way for laws against debt slavery, which is a form of involuntary servitude where individuals are forced to work to pay off debts.

Given the 6 facts and related linked articles underlined in blue above, one should be asking for what purpose have these frauds been created and allowed to exist without adjudication? Who got the benefit in terms of fees, salaries, and interest paid? Could the ultimate answer be to consolidate and control capital flows, and would that not be the definition of socialism? The point being that socialism ends when the criminals run out of other people’s money to steal, or the defaults lead to civil unrest, whichever comes first. People acting in the here and now, violating the black letter of the law, to transfer your wealth into their pocket, more than likely have never lived through civil unrest. The 1968 Riots in Detroit and Montreal were very real. Bankrupting roughly 42,000,000 households, many of whom have 401Ks and Pensions will be very real. Would it not be better to unwind the fraudulent debt by repealing all property tax in favor of the Uniform States Sales Tax rather than face civil unrest?