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The Bankruptcy of The United States
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.
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?'
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.
You can get this affidavit for $50.00. For more
details click on FIGHT PACKAGES - Do 'the law does not permit impossibilities
declaration affidavit' and your UCC-1 and become the holder in due course of
your name in all capital letters
Secret to Reclaim Your Power
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!!