Re: Dummy tar Question

• Previous message: Lamar Saxon: "Re: Dummy tar Question"
• In reply to: Lamar Saxon: "Re: Dummy tar Question"
• Next in thread: jeff barratt-mccartney: "Re: Dummy tar Question"
• Reply: jeff barratt-mccartney: "Re: Dummy tar Question"
• Messages sorted by: [ date ] [ thread ] [ subject ] [ author ]

Date:         Fri, 30 Jul 2004 18:24:53 -0700
To: aix-l@Princeton.EDU

The United States In Bankruptcy

From the United States Congressional Record, March 17, 1993: Vol. 33,
page H-1303

 colorbar divider <http://www.survivalistskills.com/colorbar.gif>

Speaker - Rep. James Traficant, Jr. (Ohio) addressing the House:

"Mr. Speaker, we are here now in chapter 11.. Members of Congress are
official trustees presiding over the greatest reorganization of any
Bankrupt entity in world history, the U.S. Government. We are setting
forth hopefully, a blueprint for our future. There are some who say it
is a coroner's report that will lead to our demise.

It is an established fact that the United States Federal Government has
been dissolved by the Emergency Banking Act, March 9, 1933, 48 Stat. 1,
Public Law 89-719; declared by President Roosevelt, being bankrupt and
insolvent. H.J.R. 192, 73rd Congress m session June 5, 1933 - Joint
Resolution To Suspend The Gold Standard and Abrogate The Gold Clause
dissolved the Sovereign Authority of the United States and the official
capacities of all United States Governmental Offices, Officers, and
Departments and is further evidence that the United States Federal
Government exists today in name only.

The receivers of the United States Bankruptcy are the International
Bankers, via the United Nations, the World Bank and the International
Monetary Fund. All United States Offices, Officials, and Departments are
now operating within a de facto status in name only under Emergency War
Powers. With the Constitutional Republican form of Government now
dissolved, the receivers of the Bankruptcy have adopted a new form of
government for the United States. This new form of government is known
as a Democracy, being an established Socialist/Communist order under a
new governor for America. This act was instituted and established by
transferring and/or placing the Office of the Secretary of Treasury to
that of the Governor of the International Monetary Fund. Public Law
94-564, page 8, Section H.R. 13955 reads in part: "The U.S. Secretary of
Treasury receives no compensation for representing the United States?'

Gold and silver were such a powerful money during the founding of the
united states of America, that the founding fathers declared that only
gold or silver coins can be "money" in America. Since gold and silver
coinage were heavy and inconvenient for a lot of transactions, they were
stored in banks and a claim check was issued as a money substitute.
People traded their coupons as money, or "currency." Currency is not
money, but a money substitute. Redeemable currency must promise to pay a
dollar equivalent in gold or silver money. Federal Reserve Notes (FRNs)
make no such promises, and are not "money." A Federal Reserve Note is a
debt obligation of the federal United States government, not "money?'
The federal United States government and the U.S. Congress were not and
have never been authorized by the Constitution for the united states of
America to issue currency of any kind, but only lawful money, -gold and
silver coin.

It is essential that we comprehend the distinction between real money
and paper money substitute. One cannot get rich by accumulating money
substitutes, one can only get deeper into debt. We the People no longer
have any "money." Most Americans have not been paid any "money" for a
very long time, perhaps not in their entire life. Now do you comprehend
why you feel broke? Now, do you understand why you are "bankrupt," along
with the rest of the country?

Federal Reserve Notes (FRNs) are unsigned checks written on a closed
account. FRNs are an inflatable paper system designed to create debt
through inflation (devaluation of currency). when ever there is an
increase of the supply of a money substitute in the economy without a
corresponding increase in the gold and silver backing, inflation occurs.

Inflation is an invisible form of taxation that irresponsible
governments inflict on their citizens. The Federal Reserve Bank who
controls the supply and movement of FRNs has everybody fooled. They have
access to an unlimited supply of FRNs, paying only for the printing
costs of what they need. FRNs are nothing more than promissory notes for
U.S. Treasury securities (T-Bills) - a promise to pay the debt to the
Federal Reserve Bank.

There is a fundamental difference between "paying" and "discharging" a
debt. To pay a debt, you must pay with value or substance (i.e. gold,
silver, barter or a commodity). With FRNs, you can only discharge a
debt. You cannot pay a debt with a debt currency system. You cannot
service a debt with a currency that has no backing in value or
substance. No contract in Common law is valid unless it involves an
exchange of "good and valuable consideration." Unpayable debt transfers
power and control to the sovereign power structure that has no interest
in money, law, equity or justice because they have so much wealth
already.

Their lust is for power and control. Since the inception of central
banking, they have controlled the fates of nations.

The Federal Reserve System is based on the Canon law and the principles
of sovereignty protected in the Constitution and the Bill of Rights. In
fact, the international bankers used a "Canon Law Trust" as their model,
adding stock and naming it a "Joint Stock Trust." The U.S. Congress had
passed a law making it illegal for any legal "person" to duplicate a
"Joint Stock Trust" in 1873. The Federal Reserve Act was legislated
post-facto (to 1870), although post-facto laws are strictly forbidden by
the Constitution. [1:9:3]

The Federal Reserve System is a sovereign power structure separate and
distinct from the federal United States government. The Federal Reserve
is a maritime lender, and/or maritime insurance underwriter to the
federal United States operating exclusively under Admiralty/Maritime
law. The lender or underwriter bears the risks, and the Maritime law
compelling specific performance in paying the interest, or premiums are
the same.

Assets of the debtor can also be hypothecated (to pledge something as a
security without taking possession of it.) as security by the lender or
underwriter. The Federal Reserve Act stipulated that the interest on the
debt was to be paid in gold. There was no stipulation in the Federal
Reserve Act for ever paying the principle.

Prior to 1913, most Americans owned clear, allodial title to property,
free and clear of any liens or mortgages until the Federal Reserve Act
(1913) "hypothecated" all property within the federal United States to
the Board of Governors of the Federal Reserve, -in which the Trustees
(stockholders) held legal title. The U.S. citizen (tenant, franchisee)
was registered as a "beneficiary" of the trust via his/her birth
certificate. In 1933, the federal United States hypothecated all of the
present and future properties, assets and labor of their "subjects," the
14th Amendment U.S. citizen, to the Federal Reserve System.

In return, the Federal Reserve System agreed to extend the federal
United States corporation all the credit "money substitute" it needed.
Like any other debtor, the federal United States government had to
assign collateral and security to their creditors as a condition of the
loan. Since the federal United States didn't have any assets, they
assigned the private property of their "economic slaves", the U.S.
citizens as collateral against the unpayable federal debt. They also
pledged the unincorporated federal territories, national parks forests,
birth certificates, and nonprofit organizations, as collateral against
the federal debt. All has already been transferred as payment to the
international bankers.

Unwittingly, America has returned to its pre-American Revolution, feudal
roots whereby all land is held by a sovereign and the common people had
no rights to hold allodial title to property. Once again, We the People
are the tenants and sharecroppers renting our own property from a
Sovereign in the guise of the Federal Reserve Bank. We the people have
exchanged one master for another.

This has been going on for over eighty years without the "informed
knowledge" of the American people, without a voice protesting loud
enough. Now it's easy to grasp why America is fundamentally bankrupt.

Why don't more people own their properties outright?

Why are 90% of Americans mortgaged to the hilt and have little or no
assets after all debts and liabilities have been paid? Why does it feel
like you are working harder and harder and getting less and less?

We are reaping what has been sown, and the results of our harvest is a
painful bankruptcy, and a foreclosure on American property, precious
liberties, and a way of life. Few of our elected representatives in
Washington, D.C. have dared to tell the truth. The federal United States
is bankrupt. Our children will inherit this unpayable debt, and the
tyranny to enforce paying it.

America has become completely bankrupt in world leadership, financial
credit and its reputation for courage, vision and human rights. This is
an undeclared economic war, bankruptcy, and economic slavery of the most
corrupt order! Wake up America! Take back your Country."

From the United States Congressional Record, March 17, 1993: Vol. 33,
page H-1303

References:

http://www.iresist.com/cbg/bankruptcy.html

http://indianacofcc.org/traf.htm

http://www.jondavis.net/taxes/

http://thomas.loc.gov/cgi-bin/bdquery/z?d094:HR13955:@@@L|TOM:/bss/d094q
uery.html|#titles

http://www.the7thfire.com/Politics%20and%20History/TraficantUSBankrupt.h
tml

• Previous message: Lamar Saxon: "Re: Dummy tar Question"
• In reply to: Lamar Saxon: "Re: Dummy tar Question"
• Next in thread: jeff barratt-mccartney: "Re: Dummy tar Question"
• Reply: jeff barratt-mccartney: "Re: Dummy tar Question"
• Messages sorted by: [ date ] [ thread ] [ subject ] [ author ]