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Economic Solutions - Web of Debt

 
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TonyGosling
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PostPosted: Tue Apr 29, 2008 1:29 am    Post subject: Economic Solutions - Web of Debt Reply with quote

EXPLODING THE MYTHS ABOUT MONEY

Our money system is not what we have been led to believe. The creation of money has been "privatized," or taken over by a private money cartel. Except for coins, all of our money is now created as loans advanced by private banking institutions — including the private Federal Reserve. Banks create the principal but not the interest to service their loans. To find the interest, new loans must continually be taken out, expanding the money supply, inflating prices — and robbing you of the value of your money.


http://www.webofdebt.com/

Not only is virtually the entire money supply created privately by banks, but a mere handful of very big banks is responsible for a massive investment scheme known as "derivatives," which now tallies in at hundreds of trillions of dollars. The banking system has been contrived so that these big banks always get bailed out by the taxpayers from their risky ventures, but the scheme has reached its mathematical limits. There isn't enough money in the entire global economy to bail out the banks from a massive derivatives default today. When the investors realize that the "insurance" against catastrophe that they have purchased in the form of derivatives is worthless, they are liable to jump ship and bring the whole shaky edifice crashing down.

Web of Debt unravels the deceptions in our money scheme and presents a crystal clear picture of the financial abyss towards which we are heading. Then it explores a workable alternative, one that was tested in colonial America and is grounded in the best of American economic thought, including the writings of Benjamin Franklin, Thomas Jefferson and Abraham Lincoln. If you care about financial security, your own or the nation's, you should read this book.

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www.actorsandartistsfor911truth.org
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www.thisweek.org.uk
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http://utangente.free.fr/2003/media2003.pdf
"The maintenance of secrets acts like a psychic poison which alienates the possessor from the community" Carl Jung
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blackcat
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PostPosted: Tue Apr 29, 2008 8:55 am    Post subject: Reply with quote

Thanks for posting - I will be definitely getting a copy as this subject has long been my favourite. I particularly like this quote - as much as its blatant hubris and arrogance as for its content.:-

Quote:
An 1865 London Times editorial directed against Lincoln's debt-free Greenbacks said it all:

If that mischievous financial policy which had its origin in the North American Republic during the late war in that country, should become indurated down to a fixture, then that Government will furnish its own money without cost. It will pay off its debts and be without debt. It will become prosperous beyond precedent in the history of the civilized governments of the world. The brains and wealth of all countries will go to North America. That government must be destroyed or it will destroy every monarchy on the globe.


Like destroying monarchies would be a bad thing!!!

Having said that, she is really saying nothing that has not been said a zillion times before, but as long as people do not care about being enslaved I suspect there is nothing that will change. Maybe the inevitable global economic collapse currently being engineered will cause a change? Unless WW3 comes along instead!

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"The conflict between corporations and activists is that of narcolepsy versus remembrance. The corporations have money, power and influence. Our sole influence is public outrage. Extract from "Cloud Atlas (page 125) by David Mitchell.
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blackcat
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PostPosted: Tue Apr 29, 2008 10:12 am    Post subject: Reply with quote

Quote:
what is threatening to collapse the dollar today is not that it is not backed by gold. It is that 99 percent of the U.S. money supply is owed back to private lenders at interest. The result is a massive and growing federal debt, on which the interest burden alone will soon be more than the taxpayers can afford to pay. The debt is impossible to repay in the pre-Copernican world in which money is created as a debt to private banks, but the Wizard of Oz might have said we have just been looking at the matter wrong. We have allowed our money to rotate in the firmament around an elite class of financiers, when it should be rotating around the collective body of the people. When that Copernican shift is made, the water of a free-flowing money supply can transform the arid desert of debt into the green abundance envisioned by our forefathers. We can have all the abundance we need without taxes or debt. We can have it just by eliminating the financial parasite that is draining our abundance away.


Ah bliss!!! I must have read about a quarter of the book already on-line.

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"The conflict between corporations and activists is that of narcolepsy versus remembrance. The corporations have money, power and influence. Our sole influence is public outrage. Extract from "Cloud Atlas (page 125) by David Mitchell.
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blackcat
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PostPosted: Wed Apr 30, 2008 11:27 am    Post subject: Reply with quote

Apologies if this has been posted elsewhere but just in case not, here it is.

http://www.fourwinds10.com/siterun_data/government/corporate_u_s/news. php?q=1209499824

Quote:
*April 24, 2008*

*A CLEAR AND PRESENT DANGER* - Part One

If events proceed as I hope, the Federal Reserve also will be dissolved as insolvent, and its Notes we have used as currency for 75 years will become valueless after some period where legally earned notes may be exchanged for new and legal United States money. *There will be volumes written in the future about how the United States of America, and particularly the control of our Treasury were quietly placed in private hands and secretly, from the general population, held and used there for 75 years. Those hands were for the most part,European, and had little, if any, interest in the welfare of the Citizens of this nation. Some of the "hands" were US, and they were even more ruthless. *

*But the situation has dramatically changed during the past five years, and particularly since November of 2007.*

*This narrative will necessarily begin with the Japanese invasion of Manchuria at Mukden. That is a well known historical fact. What is not as well known and understood is the "Mukden Incident" which occurred on September 18, 1931 was, in essence, a subterfuge undertaken by a few junior officers of the Japanese army when they secretly dynamited the South Manchurian Railway (owned by Japan) to provide the motive for the Japanese military conquest of Manchuria which continued until the Japanese victory on February 18, 1932 .*

*The most available explanation for the Japanese Manchurian invasion was that Japan coveted resource-rich Manchuria as a source of cheap raw materials for their burgeoning industrial complex. That explanation's basis is true, especially given an increasing shortage of favorably priced raw materials which Japan had to otherwise purchase and import from other sources.*

*But there was another, and largely hidden, reason. In 1931, the Manchuria-China border was only a few miles from Beijing where the Chinese Emperor, Pu-yi resided. The Manchu emperors kept much of their gold and other treasury items in northern Manchuria just a few miles from border, and therefore only a short distance from their Chinese capital.*

*Very shortly after the Japanese invasion commenced in southern Manchuria, a delegation sent by the United States Federal Reserve Bank to Beijing entered into negotiation with the Emperor. The Federal Reserve's offer was to quickly remove the Royal Treasury from its Manchurian location, and thereafter lease the contents of the Treasury for seventy years. In return, the Emperor received valid United States Federal Reserve bonds, maturing in seventy years, and in sufficient quantity to guarantee the debt as well as enough to pay the to-be accrued- seventy-year-interest. *

*The terms of the lease required the Emperor's estate, at the end of seventy years, to exchange the bonds with interest coupons attached, to the Federal Reserve in exchange for the return of all the Emperor's gold and other treasure, plus the accrued interest (to be paid in gold), to his estate's custody. *

*The contents of the Emperor's Manchurian Treasury were taken overland through China, and then by sea to Manila, Philippines, where the US quickly built and operated the largest gold refinery, at that time, in the world. After the gold was refined, some of it was sent to Switzerland where it was stored in extensive underground vaults under Zurich, while the greatest part was sent to the Federal Reserve vaults in New York.*

*Of course, much happened between 1931 and 2001, not the least of which was World War II and the Chinese Communist capture of all China except the island which was then called Formosa (now Taiwan). Pu-yi (the Emperor) remained a communist prisoner for many years and died as a gardener.*

*It apparently appeared to certain US and European financial interests who were interested parties in the leased Chinese Treasury, and it was probably their plan, that the Chinese imperial line died out, or at least was so impoverished that it had no means or power to recover any of their leased Treasury materials and articles. * *So seventy years passed.*

*In fact, the leasing parties grossly miscalculated. The Emperor, Pu-yi, had additional gold and other assets stored in protected places other than Manchuria-assets which escaped the attentions and discoveries of both the Japanese and Communist Chinese. Within the past two decades, much of that wealth has been returned to his grandson, a certain "Mr. Yi" who resides in Taiwan.*

*The ownership and control of the bonds which were exchanged for the Chinese Treasury were placed a number of years ago in the hands of certain surviving members of the Chinese royal family, and recently Mr. Yi. *

*So when 2001 came, Mr. Yi, The Emperor's grandson, by now a very wealthy and powerful individual, formally negotiated the return of the Chinese Royal Family's leased legal estate and the accumulated interest thereof from the United States Federal Reserve Bank (the lessor), in exchange for the Federal Reserve bonds and attached interest coupons. The returned amount of the Emperor's Treasury and interest was a very small part of what was owed.*

*A major part of the problem was that the United States Federal Reserve Bank, although owned by the United States Citizens by way of their Constitutional government, was operated from the beginning as a private organization whose assets were also privately owned, held and used (that included the entire amount collected from the Citizens/citizens as taxes). *

*The Chinese Treasury was divided for years among a number of wealthy and powerful European and North American interests, many of whom never expected the Chinese royal line to survive. Consequently, they never expected to repay either the principal or the interest due on the Chinese royal assets they held and used. *

*In fact, many of them firmly resisted Mr. Yi's legal demand that whatever Chinese royal assets they held were required to be immediately returned with all due interest. *

*After some resistance, some of the Europeans holding Chinese Treasury assets returned some of the Emperor's Treasury, but that amount also fell far-far short of what was actually owed. *

*Mr. Yi has since used legal and financial resources available to him, especially the assistance of a little known but very powerful World Monetary Authority, to force the return of assets which are properly his.*

*That brings us the present. But before we can further address our subject, we need to explore more history-United States history. * *On April 6, 1933, President Roosevelt, with Congressional approval, declared a "national bank holiday" which lasted through April 9. There is a plethora of information about that period and the reasons causing such, but there is practically nothing said about one major event which occurred during the same time. A corporation was formed at the President's order called THE UNITED STATES OF AMERICA CORPORATION. That was done without Congressional action of any sort, so that organization is, and always has been, a privately owned, not public, corporation. At the same time, our legal system shifted from Public and English Common Law, to Private International Law.*

*THE UNITED STATES OF AMERICA CORPORATION then usurped all the identity, power, legal standing, laws and mandates, and assets of the Constitutional United States-virtually seamlessly and with hardly anyone even suspecting what had happened-for 75 years. * *Let me restate that in less complicated terms-for 75 years a private corporation, not our Constitutional government, has performed the role of our government for the exclusive benefit of that organization's shareholders and their friends. *
*The CORPORATION, through Congress, immediately passed into "law" such things as the law establishing the FEDERAL REGISTER ACT, which effectively allows the President to declare and establish "law" by publishing his declaration in the FEDERAL REGISTER, that without consulting or informing Congress, let alone requiring their debate and passage of any effective law. *

*That should explain a great deal about why our "government" consistently behaves outside our Constitution and other laws. Our Constitutional government is bound (limited) by the Constitution. The CORPORATION, however, is bound only by the tenets of the United States Code and the Code of Federal Regulations, both Private International Law, which, inthis country, may only be tried and enforced by and in Admiralty, not civil or equity courts. Equity courts were done away with by our"government" soon after our form of law was changed.*

*A large book could be (and probably should be) written on the subject of THE UNITED STATES OF AMERICA CORPORATION, however that is definitely outside the scope of this document. We will work only with the relationship of Mr. Yi and his efforts to enforce his contract with the Federal Reserve Bank. THE UNITED STATES OF AMERICA CORPORATION, since it is in mortal financial default, was forced by the Monetary Authority to negotiate, for the past several months in Switzerland, their bankruptcy. Two Mondays ago the initial bankruptcy filings of that CORPORATION were placed in the United States Supreme Court. That bankruptcy was forced by Chinese and "other" interests.*

*I posit that the Citizens/citizens (yes, there is a difference), as well as those Citizens who are also Native Americans, also have a substantial legal interest in that matter, but as yet not legally entered in the case. It is absolutely essential that the CORPORATION assets placed in the legal proceeding be only theirs, and not the assets of the Constitutional United States, their Citizens/citizens assets and persons, and anything which is the property of our Native Americans. *

*I further posit that CORPORATION owes a great debt to the Constitutional United States of America and its Citizens/citizens. Our rights will be protected only if we act-it is in no one else's interest to so do. We need several very skilled Constitutional attorneys licensed and able to practice and argue in and before the US Supreme Court. If anyone fitting that description reads this document and would agree to assist, we need to hear from you immediately.

--- end of part one ---

So here is the rest of the story:

All of the business done by the Federal Reserve Bank of America since its inception in 1913 skirted the US Constitution by calling the currency they issued as "UNITED STATES NOTES" because it was specifically unconstitutional for the word "money" to appear anywhere on any note. Had the word "money" appeared, the Fed would have been guilty of counterfeiting. Furthermore, only the US government had the authority to produce and promulgate "money." The evidence of this is to be found in Article I, Section 8 of the Constitution.

I posit that the UNITED STATES OF AMERICA CORPORATION, a private organization continuously with shareholders, officers and directors since inception, has illegally been, with the collusion of the Federal Reserve Bank (another corporation, public but operated until this last year as a private organization), in complete control of the financial life of this you know, the CORPORATION is now in bankruptcy.

As a private corporation, whatever debts they have incurred as THE UNITED STATES OF AMERICA, which by the way is virtually all the debt attributed to this nation, is actually theirs and not the Constitutional United States' and/or its Citizens/citizens. That can and will be proved in due time in a court of law, probably the US Supreme Court.

On the other hand, I believe the United States (Constitutional), its assets, its Citizens and their assets and can be proven to be not owned by THE UNITED STATES OF AMERICA, and therefore outside the bankruptcy. I believe the hyperinflation depression information (The writer's first email was posted as part of this article) sent you earlier today can be avoided if we act quickly and wisely. I can expand on that subject later.

If events proceed as I hope, the Federal Reserve also will be dissolved as insolvent, and its Notes we have used as currency for 75 years will become valueless after some period where legally earned notes may be exchanged for new and legal United States money.

I wish to see the United States to return to a precious metal basis for its money and I know how that can happen. But we have some rough water ahead, and unless we wish to experience hyperinflation depression or any part of it, we must act immediately to have something in place to replace the Fed notes we now use as currency.

I can expand on the above, but you have probably enough to think about now so I will call it a day.

_________________
"The conflict between corporations and activists is that of narcolepsy versus remembrance. The corporations have money, power and influence. Our sole influence is public outrage. Extract from "Cloud Atlas (page 125) by David Mitchell.
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