WHY THE
UNITED STATES OF AMERICA IS A BANKRUPT CORPORATION AND IN FACT AND LAW IS
TECHNICALLY A CIVILLY DEAD ENTITY WITHOUT
STANDING IN LAW TO SUE OR MAKE COMPLAINT AGAINST ANYONE!
A STONE
FACT!! NOW YOU CHECK IT OUT !!!
MAKE REAL
SURE NOW!!
United States Congressional Record March 17,
1993 Vol. #33, page H-1303
Speaker-Senator 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.
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?'
United States Congressional Record May 4,
1992, page H 2891, Senator
and Chairman of the House of Representatives Committee on Banking, Finance and
Urban Affairs, Senator Henry Gonzalez (Texas) speaking on "NATIONAL AND
INTERNATIONAL THIEVERY IN HIGH PLACES" "We are bankrupted. We are
insolvent on every level of our national life, whether it is corporate, whether
it is just plain you and I out there with the life of debt that we have all
piled up, private debt, credit cards and what not or whether it is the
government. We are insolvent. How long
will it take before that nasty Mega-truth is conveyed?'
United States Congressional Record January
19, 1976, page 240 Marjorie
S. Holt (Maryland): "Mr. Speaker, many of us recently received a letter
from the World Affairs Council of Philadelphia, inviting members of Congress to
participate in a ceremonial signing of "A Declaration of
INTERdependence" on January 30 in
Congress Hall, adjacent to Independence Hall in Philadelphia.
A number of
Members of Congress have been invited to sign this document, lending their
prestige to its theme, but I want the record to show my strong opposition to
this declaration. It calls for the surrender of our national sovereignty to
international organizations. It declares that our economy should be regulated
by international authorities. It
proposes that we enter a "New World Order" that would redistribute
the wealth created by the American people.
Mr. Speaker, this
is an obscenity that defiles our Declaration of Independence, signed 200 years
ago in Philadelphia. We fought a great Revolution for independence and
individual liberty, but now it is proposed that we participate in a world
socialist order. Are we a proud and free people, or are we a carcass to be
picked by the jackals of the world, who want to destroy us? When one cuts
through the high-flown rhetoric of this "Declaration of
INTERdependence," one finds key phrases that tell the story. For example, it states that 'The economy of
all nations is a seamless web, and that no one nation can any longer
effectively maintain its processes of production and monetary systems without
recognizing the necessity for collaborative regulation by international
authorities.' How do you like the idea of "international authorities"
controlling our production and our monetary system, Mr. Speaker? How could any
American dedicated to our national independence and freedom tolerate such an
idea? America should never subject her fate to decisions by such an assembly,
unless we long for national suicide. Instead, let us have independence and
freedom....If we surrender our independence to a "new world
order"......,we will be betraying our historic ideals of freedom and
self-government.
Freedom and
self-government are not outdated. The fathers of our Republic fought a
revolution for those ideals, which are as valid today as they ever were. Let us
not betray freedom by embracing slave masters; let us not betray
self-government with world government; let us celebrate Jefferson and Madison,
not Marx and Lenin?
A dollar is a
measure of weight defined by the Coinage Act of 1792 and 1900 which is still in
force today. A "dollar" specifies a certain quantity, 24.8 grains of
gold, or 371.25 grains of silver. In Black's Law Dictionary, sixth Edition,
Dollar: "The money unit employed in the United States of the value of one
hundred cents, or of any combination of coins totaling 100 cents?" Cent: "A coin of the United States, the
least in value of those now minted. It
is the hundredth part of a dollar?"
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 & 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.
The Federal
Reserve: An Astounding Exposure 1934
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All of the above
was published in the Congressional Record March 17, 1993 Volume #33, Page
H-1303 by Senator James Trafficant, Jr. It is hereby being republished in
Secret to Reclaim Your Power on the Internet for your information and
enlightenment. Since the total national debt is larger than the total supply of
money substitutes and the personal income tax is used solely to pay only the
interest on the national debt, paying off the principle and interest of the
national debt is a legal impossibility. THE LAW DOES NOT PERMIT
IMPOSSIBILITIES. It is now possible to declare your personal independence by
filing an affidavit with your state Secretary of State specially objecting to
the forced use and benefit of receiving Federal Reserve Notes. This affidavit
is a comprehensive removal of signature on all government applications that
made you a statutory person and restores to you a pure common-law status where
your worth is measured only in gold and silver coin and never in any negotiable
instruments such as Federal Reserve Notes.