Mindblowing speech by an American house speaker representative.
Please read this article. It will blow your mind. Want to know how long the US has actually been broke for? Want to know what the economic world situation *actually* is?
The US President knows this. The Oz Prime Minister knows this. The BANKS know this- so think about all the lies 'financial advisers' must be telling ( Read more... )
The US President knows this. The Oz Prime Minister knows this. The BANKS know this- so think about all the lies 'financial advisers' must be telling ( Read more... )
A deficit is defined as having liabilities that exceed your assets. The united states government has run a deficit for a very long time. I'd assume since even since before the gold standard was abolished.
Insolvency is defined as not being able to pay back the "minimum payment" that your creditors are asking you to pay.
When someone is declared bankrupt is the a declaration to their creditors they will never be able to pay back their dept. Under United States law, when a corporation becomes bankrupt, it dies and a court divides up the corporation's corpse among its creditors. When an individual becomes bankrupt he becomes a slave, and is forced to pay back as much of his dept as possible during his slavery.
When someone is insolvent it may be advantageous for them to declare themselves bankrupt. However they might for various reasons try and hide the fact that they are insolvent, and a court may declare them bankrupt (as well as a fraud) when they find out.
Now lets say I have an evil girlfriend Sallie Mae, who is only interested in money. I am and idiot want to show her I have money despite that not being true, so I apply for a credit card, and quickly max it out eating at expensive restaurants. Right away I have put myself into a deficit. Next month the credit card company asks for a minimum payment. I have no money so I take out another credit card, take a cash advance on it and use that to make my minimum payment. With this second credit card, I buy expensive gifts for Fannie. After the month is over I take out another credit card or two. In this fashion I juggle credit cards for 9 months. You can do this, my friend's friend did this for 9 months.
I am not insolvent, because I'm "paying" back the payments my creditors are demanding. Once I'm insolvent, and stop paying those minimum payments back, it can still take a long time before I declare myself bankrupt to stop creditors from harassing me, or a court declares me bankrupt.
The United States won't be insolvent until they can't pay back the federal reserve. This can never happen. Because they can never be insolvent, they can never be bankrupt either. This of course is the intention of a central banking system.
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.
So what this guy is saying, is that if the Government can't pay back the federal reserve, the federal reserve is allowed to seize national parks and build strip malls on them?
I won't believe they can do that until they actually do that. Even if they're legally allowed to do so (wouldn't surprise me), I don't think they could politically get away with it. After all congress, who created them, has the power to dissolve them.
Despite what Ron Paul believes, the federal reserve isn't some sinister plot to take over the United States Government, it's just a tool created by the government to manipulate inflation and deflation and such.
So what is robbing the people, isn't the reserve bank necessarily, it is the reserve bank's policy of encouraging inflation, which has driven real wages down. The political reason for this is supposedly that inflation is good for those who are in dept, because it reduces their dept in real terms. What I haven't seen explained is why we're trying to encourage dept :/
The government and the corporations have been trying to convince Americans to go into dept for a very long time. Maybe the plan is something like this:
Stage 1: Goldman Sachs manipulates stuff so that everyone has a mortgage
Stage 2: Goldman Sachs lends money to other banks, using the banks packaged mortgages as collateral
Stage 3: Everyone who is not Goldman Sachs defaults on their dept, due to a real estate bubble
Stage 4: Goldman Sachs owns all the land in the United States, and thus the Untied States itself
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Obviously some kind of scheming is going on there, but you gotta realize that not all schemes are successful.
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The gold standard was never abolished, it was just made illegal (note: not unlawful) to require payment in real money rather than a bill of exchange. This allows items and services to be acquired through novation rather than bona-fide purchase.
Insolvency is defined as not being able to pay back the "minimum payment" that your creditors are asking you to pay.
When someone is declared bankrupt is the a declaration to their creditors they will never be able to pay back their dept.
The United States entered chapter 11 bankruptcy in 1933, when 100% of the gold they originally posessed became property of english banks as interest payments. The gold may be still physically held in fort knox, but that's its only relation to the US. The Federal Reserve is a corporation, owned by the IMF. It is just as federal as Federal Express Couriers. The gold standard was "abolished" in order to hide the fact that the US no longer posessed any gold and was therefore bankrupt. All "currency" is now promissory notes issued by the Federal Reserve with *nothing of value* to back them - except the lands and labour of the sovereign men and women of the states of america, signed over to the government by the people under a spectacular ruse in the midst of the depression. For that matter, what do you think caused the depression in the first place?
Under United States law, when a corporation becomes bankrupt, it dies and a court divides up the corporation's corpse among its creditors. When an individual becomes bankrupt he becomes a slave, and is forced to pay back as much of his dept as possible during his slavery.
This is the current legal position of every person under the jurisdiction of the United States Corporation. That jurisdiction is created by your birth certificate, and ends when you file a UCC-1 financing statement against the trust created by that certificate. Every flesh and blood man or woman under the jurisdiction of the United States Corporation are the creditors, and the strawman is created at birth to account for the debt owed to you. However, we are taught that the strawman is us, and our lack of knowledge to the contrary enjoins us to that entity, making the debt legally ours by tacit acquiescence. When you follow this rabbit hole, you find that everything you want has already been paid for, and you must simply inform the IRS that they must dispel the bill for you.
Read Mary-Elizabeth Croft's "How I Clobbered Every Bureaucratic Cash-Confiscation Agency Known To Man [pdf]" for extensive support of these claims if you want to even begin to explore this gigantic rabbit hole.
There's heaps of stuff on youtube as well- just search for Accept for Value, Strawman, The Illusion or Rob's Very Cunning Plan and similar searches.
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Ok, effectively abolished.
The United States entered chapter 11 bankruptcy in 1933, when 100% of the gold they originally posessed became property of english banks as interest payments.
Ok, so they became insolvent, but was this secret or out in the open?
My point still stands, that the government can't become insolvent again, because they control the bank who is lending to them.
A bunch of links
Already aware of those, and have read/watched some of them.
Aside from that I don't see any contradictions between what I said and what you said.
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Needless to say, we're researching...
:P
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