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 in 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 Government 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 and 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 (FRN's) made 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 in 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 (FRN's) are unsigned checks
written on a closed account. FRN’s are an inflatable
paper system designed to create debt through inflation
(devaluation of currency). Whenever 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 FRN’s has everybody fooled. They have access
to an unlimited supply of FRN's, paying only for the
printing costs of what they need. FRN’s 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 FRN’s, 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
(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 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 principal.
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. citizens, 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 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 pledge the
unincorporated federal territories, national parks
forest, 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 result 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.
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