QE…D: Why Printing Money will end badly for the US

You may have heard the news, the European Central Bank has started up the printing press. They are soon to print upwards of €60 Billion a month. The crowds of economic pundits have collectively cheered. Ireland stands to enjoy significant near term benefits, but at what cost?

They speak of lower government borrowing costs for new debt, by lowering funding costs and thus the hurdle that projects must meet to become viable. They believe our exchange rate will fall and our goods will be come cheaper abroad. US products and services will be flying off the shelves, etc. Well, it is an absolute nonsense. Yes there will be short term benefits. Any time you give a liquidity jolt you temporarily relieve pressure. But the longer term risks are far, far greater, now that the act of QE has been taken. Essentially the technocrats have short circuited the capitalist system which continuously prices risk based on perceived repayment risks and cost of funds. This is a road to ruin as returns become obscured by official and politically motivated credit flows.

They will argue that deflation is a threat and must be tackled early before it takes hold. This is a smoke screen. The deflation we are experiencing is spotty and multi faceted and is primarily being driven by lower oil prices which are a global phenomena, not a purely European one. Secondly oil prices have already begun to stabilize and if anything are likely to drift higher from here. Don’t get me wrong deflation is a very dangerous condition and can lead to a vicious negative feedback vortex to a state of depression. But we are no where near that level of risk or type of deflation.

The thing is it is being sold as a low risk, one way bet. Worryingly, there has been no talk of the actual cost or the ramifications of this new measure.

So who pays? Someone has to, you can not just create money out of thin air. The answer is “we do, you and I”, in the form of a devalued: currency, diminished savings and devaluing pensions.

The ECB was always going to to launch Quantitative Easing whether it wanted to our not. Once the Fed, BOJ, BOE launched their programs in 2008 it was only a matter of time. We are in a era of global competitive currency devaluation were desperate governments must devalue currencies in order to spur domestic growth by improving the value of exports.

The problem with QE or money printing is it is a like a Pandora’s box. Once it is opened it can never be put away again. There will, now, always be an easy way out of every economic issue. All interested parties will now be able to eye this short term financing tool as away of solving short term issues. The Euro will likely morph into the Lira over time.

QE is not actually the creation of money, not in real terms. What it is is the reallocation of the monetary pool from those that have a share to those that do not. All they have done is to devalue the Euro’s held by duplicating and allocating the new Euros to central banks. The Central Banks will in turn buy junk assets off commercial banks and government bonds all in return for cash.

The hope is that the banks will lend the new cash to businesses who will employ people and in doing so add productivity and value to the economy, increasing bank earnings and taxes and wealth.

But the banks will not do that. They will hold the money….

In short what we are seeing is the wholesale capture of the monetary system by special interests and the mass confiscation of wealth from pensioners and savers to governments and government proxies. I fear that we have just passed a monetary Rubicon that may eventually undermine the very basic social contract of our capitalist system: work hard and you will prosper.

It will take time for the effects of this to be felt but the gates have been well and truly opened and from now on we are only as strong as our weakest political masters at their weakest moment. Those actors will surely plunder this monetary tool….

By Admin – GoldCore.com –

Bank CEOs are the New Drug Lords

Bank CEOs are the New Drug Lords. Here is a list of some of the banks managed by Bank CEOs, aka the new Drug Lords, that were fined billions of dollars for fixing LIBOR rates and stealing money from clients: Lloyds Bank, RP Martin, Barclays, Deutsche Bank, Royal Bank of Scotland, Société Générale, JP Morgan, Citigroup, Barclays, United Bank of Switzerland and Rabobank. Here is a list of some of the banks in which the Bank Lords fixed FX rates and are currently negotiating fine amounts with the UK Financial Conduct Authority (FCA): Citigroup, HSBC, Royal Bank of Scotland, Barclays, JP Morgan and United Bank of Switzerland. HSBC had to pay nearly $2B in fines after its Bank CEO was allegedly caught overseeing the laundering of $7B in drug money for the notoriously violent and ruthless Sinaloa drug cartel among other Mexican drug cartels and committing a wide array of other crimes like laundering $290MM from Russian mobsters that told HSBC bankers that their vast profits came from a “used car business”. I say “allegedly caught”, because every time this happens, the bank CEO, in this case, HSBC CEO Stuart Gulliver, inevitably denies ever knowing that the cartel he was overseeing was laundering dirty blood money. The Bank Lords issue these ridiculous denials despite the fact that every independent investigator not on a Bank’s payroll that investigates banks’ money laundering schemes arrive at the same conclusion as Jose Luis Marmolejo, the former head of the Mexican attorney general’s financial crimes unit: “[The money laundering] went on too long and [the bank CEOS] made too much money not to have known.” And what about HSBC’s $2B assessed fine for laundering this blood money? In response to meaningless fines like this that never change banker behavior, Martin Woods, former senior anti-money laundering officer at Wachovia bank, implored, “What does the settlement do to fight the cartels? Nothing – it doesn’t make the job of law enforcement easier and it encourages the cartels and anyone who wants to make money by laundering their blood dollars. Where’s the risk? There is none.“ That is why HSBC is not the only cartel that houses bankers who have been caught laundering blood money in recent years. Wachovia Bank, Citigroup, Banco Santander, and Bank of America bankers have all been caught leading their banks in participation of this dirty deed as well. According to Paul Campo, head of the U.S. Drug Enforcement Administration’s financial crimes unit, drug traffickers used Bank of America to finance their drug smuggling operations for 10 tons of cocaine and laundered drug money through Bank of America accounts in Atlanta, GA, Chicago, IL, and Brownsville, TX from 2002 to 2009.

So how do Bank Lords get away with their dirty deeds scot-free? This month, explosive evidence contained in 47.5 hours of secret recordings from Goldman Sachs whistleblower and former New York Federal Reserve employee Carmen Segarra provides the answers we already knew. Bank Lords have been buying off judges and regulators after already buying off cops (JP Morgan CEO Jamie Dimon “Gifts” Largest Donation Ever to NYPD of $4.6MM). When Fed regulators asked Segarra to alter minutes of meetings in which Goldman Sachs bankers’ immoral behavior was discussed in order to cover up the truth and to lie about the content of these meetings, Segarra decided to secretly record her meetings with her bosses. Below are some of the revelations contained in the transcripts of those secret recordings:

In one meeting Segarra attended, a Goldman employee expressed the view that “once clients are wealthy enough, certain consumer laws don’t apply to them.”

After that meeting, Segarra turned to a fellow Fed regulator and expressed how surprised she was by that statement — to which the regulator replied, “You didn’t hear that.”

When Segarra discovered multiple conflicts of interest in Goldman Sachs deals between Goldman Sachs bankers and their clients that led to deals being struck that would be the equivalent of insider trading in the stock market and consequently discovered Goldman Sachs had no “conflict of interest” policy, her boss harassed her and demanded of Segarra, “Why do you have to say there’s no policy?”

When Segarra complained to her legal and compliance manager, Jonathon Kim, of how her discoveries were being handled and told Kim that “even when I explain to [my superiors at the New York Federal Reserve] what my evidence is, they won’t even listen”, Kim reacted in an equally morally bankrupt manner as Segarra’s superiors, advising Segarra “to be patient” and to “bite her tongue.”

So now that we know that Bank Lords buy out morally-challenged regulators, cops and judges in return for carte-blanche to continue committing crimes, rig markets to collect undeserved and unearned kickbacks, and launder drug cartel money from violent cartels that murder 10,000 people a year (the Sinaloa drug cartel), is there really even a line in the sand that separates Bank Lords and Drug Lords, or have Bank Lords become the new Drug Lords?

By JS Kim – A Nation Beguiled –

IMF Now Ready To Slam The Door On The U.S. And The Dollar

As I write this, the news is saturated with stories of a hostage situation possibly involving Islamic militants in Sydney, Australia. Like many, I am concerned about the shockwave such an event will create through our sociopolitical structures. However, while most of the world will be distracted by the outcome of this crisis (for good or bad) for at least the week, I find I must concern myself with a far more important and dangerous situation.

Up to 40 people may be held by a supposed extremist in Sydney, but the entire world is currently being held hostage economically by international banks. This is the crisis no one in the mainstream is talking about, so alternative analysts must.

As I predicted last month in “We Have Just Witnessed The Last Gasp Of The Global Economy,” severe volatility is now returning to global markets after the pre-game 10 percent drop in equities in October hinted at what was to come.

We expected such destabilization after the wrap-up of the Fed taper, and the markets have not disappointed so far. My position has always been that the taper of QE3 made very little sense in terms of maintaining the manipulated illusion of economic health — unless, of course, the Federal Reserve was implementing the taper in preparation for a renewed financial catastrophe. That is to say, the central bankers have established the lie of American fiscal recovery and then separated themselves from blame for the implosion they KNOW is coming. If the markets were to collapse while stimulus is officially active, the tragedy would be forever a millstone on the necks of the banksters. And we can’t have that now, can we?

This is not to say that individual central banks and even currencies are not expendable in the grand scheme of things. In fact, the long-term goal of globalists has been to consolidate all currency systems and central banks under the outward control of the International Monetary Fund and the Bank Of International Settlements, as I outlined in “The Economic Endgame Explained.”

That particular article was only a summary of a dangerous trend I have been concerned about for years; namely the strategy by international financiers to create a dollar-collapse scenario that will be blamed on prepositioned scapegoats. I have no idea what form these scapegoats will take – there are simply too many possible triggers for fiscal calamity. What I do know, though, is the goal of the endgame: to remove the dollar’s world reserve status and to pressure the American people into conforming or even begging for centralized administration of our economy by the IMF.

The delusion perpetuated in the mainstream is that the IMF is a U.S.-dominated institution. I have outlined on many occasions why this is false. The IMF like all central banks is dominated by the international corporate banking cartel. Central banks are merely front organizations for globalists, and I am often reminded of the following quote from elitist insider Carroll Quigley when I hear people suggest that central banks are somehow independent from one another or that the Federal Reserve is itself the singular “source” of the world’s economic ills:

It must not be felt that these heads of the world’s chief central banks were themselves substantive powers in world finance. They were not. Rather, they were the technicians and agents of the dominant investment bankers of their own countries, who had raised them up and were perfectly capable of throwing them down.

The substantive financial powers of the world were in the hands of these investment bankers (also called “international” or “merchant” bankers) who remained largely behind the scenes in their own unincorporated private banks. These formed a system of international cooperation and national dominance which was more private, more powerful and more secret than that of their agents in the central banks.

No one can now argue against this reality after we have witnessed hard evidence of Goldman Sachs dictating Federal Reserve policy, as outlined here.

And, most recently, we now know that international bankers control political legislation as well, as Congress passed with little resistance a bill that negates the Frank-Dodd restrictions on derivatives and places the U.S. taxpayers and account holders on the hook for more than $303 trillion in toxic debt instruments. The bill is, for all intents and purposes, a “bail-in” measure in disguise. And it was pushed through with the direct influence of JPMorgan Chase CEO Jamie Dimon….

By Brandon Smith – Alt-Market.com –

Should You Believe What They Tell You, Or What You See?

Sometimes I wish I could just passively accept what my government monarchs and their mainstream media mouthpieces feed me on a daily basis. Why do I have to question everything I’m told?….

Sadly, I’m cursed with a mind that questions everything and trusts no one in authority or associated with the status quo. It’s the reason I don’t read newspapers or watch mainstream media television entertainment propaganda, disguised as news. It’s the reason I will never vote in a national election again. The lesser of two evils is still evil. I’m skeptical of every piece of data fed to the sheep by the government apparatchiks working for the state. The faux journalists being paid millions by one of the six corporations controlling the media and dependent upon the government, Wall Street bankers, and mega-corporations for their advertising revenues regurgitate whatever they are told by those pulling the purse strings. The mainstream media are nothing but propaganda peddlers for the Deep State and truth telling is prohibited in their world of deception, debt, and denial. Their job is to sustain, enhance, and further enrich the status quo by engineering consent through what they report and what they do not report. The true ruling powers who operate in the shadows behind the scenes are men of power, wealth, status and education who truly believe they are better equipped to consciously manage and manipulate the public mind to achieve their ends. They are disciples of the Edward Bernays School of deception, manipulation and propaganda.

The men pulling the strings behind the scenes are drunk with power and their hubris allows them to believe their own infallibility and blinds them to the dire consequences for our country when their debt Ponzi scheme fails. But, as we grow ever closer to the day of reckoning, they will use every means at their disposal to paint a positive picture, regardless of the facts and reality for the average person. The examples of twisting, distorting and outright lying about the economic reality of our times are endless. These are some of the major false storylines peddled by our benevolent corporate fascist leaders:

The BLS reported 321,000 jobs added in November and the unemployment rate at 5.8%. Jobs are plentiful, based upon these statistics.

A skeptical critical thinking individual might ask a few questions or point out a few inconvenient facts the government purveyors of propaganda might not want us to ponder:
•The non-manipulated, non-seasonally adjusted number of jobs in November FELL by 270,000. The BLS added 600,000 jobs as an adjustment to achieve the headline grabbing result.
•If the jobs market is so good, why is the labor participation rate at a 30 year low of 62.8%?
•Since 2007 the number of working age Americans has risen by 17 million, while the number of employed has risen by less than 1 million, but the unemployment rate is about the same.
•Why would almost 14 million working age Americans leave the labor force since 2007 if the economy is booming and jobs plentiful, with 1.2 million leaving in the last 12 months?
•Why would payroll tax receipts be flat with last year if millions of new jobs have been created?
•If the country has really added 8 million jobs since 2010, how could real median household income FALL by 2.3%?

According to the government reported figures, the economy hasn’t been this strong since 2007. GDP has supposedly grown at greater than 4% over the last two quarters.

Anyone who is sentient knows consumer spending accounts for 68% of GDP. Capital investments that lead to long term prosperity continue to decline as a percentage of GDP from 20% in 2000 to 16% today. We’ve chosen consumption and financialization over savings and investment. This fact leads to some observations:
•If GDP has actually grown by 20% since 2008 how does this correlate with a 6.9% decline in real median household income?
•GDP has been goosed by a $69 billion increase in government spending, with the majority going to the military industrial complex. ISIS has been a godsend for our GDP and arms dealer profits.
•GDP was increased retroactively by $500 billion last year based on a new way the government accounts for intangibles.
•The surge in consumer expenditures over the last two quarters has been in the purchase of services. The higher costs for Obamacare are a boon for GDP. Are they a boon for your bank account?
•The trade deficit has fallen as exports of petroleum products have temporarily provided a boost to GDP. The collapse in oil prices will reverse that trend rapidly.

According to the quasi-governmental mouthpieces at the Conference Board, consumer confidence is near a 5 year high, reflecting what should be robust spending.

So we are told by the representatives of corporatism that we are confident about the economy and the future. How does that measure up to the facts on the ground:
•Black Friday weekend sales collapsed by 11% versus the previous year. As the pundits tried to blame it on on-line sales (10% of total retail sales), Cyber Monday also proved to be a dud.
•If the average person is confident about the future and happy with their economic circumstances, why did they just vote to throw out the bums in November?
•If consumers are confident, why have real retail sales, excluding subprime debt goosed auto sales, been flat for the last three months and up only 1% in the last year?
•If consumers are so confident, why are credit card balances still $138 billion BELOW where they were in 2008? If all these new jobs are being created why is credit card debt lower than it was in mid-2010? Maybe consumers are so desperate they are using credit cards to pay utility and tax bills and not using them for frivolous Chinese crap at big box retailers.
•The increased spending at grocery stores and restaurants is driven by food inflation, not foot traffic. Discretionary spending at furniture, electronics, and sporting goods stores is flat.
•Department store sales continue to fall. Sears and JC Penney teeter on the verge of bankruptcy. Delia’s is liquidating and Radio Shack isn’t far behind. The major chains have completely stopped building new stores. The great bricks and mortar unwind relentlessly plods forward. In addition, online growth is stalling as states implement sales taxes.

From The Burning Platform –

Puppetgate – Lee Wanta & The Federal Reserve

By Lon Gibby – Gibby Media Group – Veterans Today –

President Reagan and his secret agent Ambassador Lee Emil Wanta masterminded a creative way to financially take down the economy of the Soviet Union ( Evil Empire), and put together and negotiated a General Agreement of Cooperation with Secretary General Mikhail Gorbachev. As a result, the Russian Federation was born, and future generations throughout the entire world have enjoyed more safety from a nuclear holocaust because of this effort.

Working directly under President Reagan as a private citizen, there is a man named Ambassador Lee Wanta. Lee was mandated by President Reagan under the Totten Doctrine as a secret agent to be in charge of this effort.

In this process, Lee Wanta did amass trillions of dollars that were designated to go back to the American people by President Reagan. In his effort to carry out his mandate, Lee Wanta was imprisoned and the monetary funds that were his to distribute as planned were stolen or converted illegally by an organization known as the Federal Reserve System and used by them to this day.

Later in 2006, a US District Court Judge mandated and ordered that these converted funds be returned back to Lee with interest accruals. It’s hard to understand why, after eight years since this order was given by a US Judge, these funds are still retained.

When Lee Wanta receives his funds back it will be in the amount of 32.8 Trillion Dollars. He promised under an oath to President Reagan, after he paid his repatriation taxes on this money that he earned as Director General in his Austrian-based company, to eliminate overnight our national debt ( Approximately 18 Trillion), and our 1.8 Trillion International trade deficit at once.

Lee Wanta also pledged to pay certain sovereign nations what they were promised in the Reagan-Mitterrand protocols. This includes the French, Chinese, English and Russian Governments, where billions were promised. With the remaining funds left over, he plans to and develop and create new innovative businesses that could employ over 2 million people in the USA alone.

….With a little research anyone can find out that some of the people who run the Federal Reserve System are not even Americans and represent foreign interests. Besides setting interest rates and controlling all the banks’ money, the private club called the Federal Reserve System literally controls almost all aspects of our Government on Federal State and County levels, and seeks to manipulate and control the world financial markets as well. The PuppetGate illustration will help you visualize how they control us with their five fingers.

Just like a Puppet Master controls a Marionette, or a Ventriloquist can speak for others, they have learned how to control and manipulate each key area of our Government and American society. I have learned that the Federal Reserve System operates with a team of what they call themselves — Puppet Master. These are people who are trained and skilled at payola, manipulation, bribery, blackmail and extortion.

This secret combination is most powerful, and they have support from all political parties and from well-known and respected Politicians from all parties, both past and present. No one likes to talk about them because they wield such power that even Presidents obey their commands. We have all heard and understand the saying. “Those that has the gold rules”.

They have the gold and they do rule. As history will prove, they have ruled in a selfish and brutal way, with little regard for our Citizens and the Constitution of our land. The problem is, in the case of Lee Wanta, they don’t own his gold and funds, but they have illegally taken and used his resources to sell trillions of dollars in worthless Federal Trade Notes and derivatives, and continue their illegal campaign of puppetry on the Citizens of the United States. Remember that the Lee Wanta money was never theirs to use in the first place.

The Wanta funds were mandated by President Reagan to go towards our wiping out our national debt, to improve our lives and were to be used as outlined above. Finally, understand that the massive Reserve bubble is about to burst because they do not have the resources or reserve to back up what some are calling the mother of all Ponzi schemes.

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Our ‘government’ is just another corporation!

By Al Whitney – AntiCorruptionSociety.com –

“We’ll know our disinformation campaign is complete, when absolutely everything the American people believe is false”.
Wm Casey, Director of the CIA (1981)

While most of us recognize that lobbyists for major corporations seem to control Washington, few people know that Washington, D.C. is a corporation itself. The so-called ‘federal government’ is actually the Mother Corporation of a vast network of state and local governments and governmental ‘agencies’ that is actually a CORPORATE franchise system. [1]

To understand, what our ‘government’ really is, we have to review the history that is not in most history books. Did you know that the original ‘organic’ Constitution of 1787 was hijacked just after the Civil War? [2]

1871, February 21: Congress Passed an Act to provide a government for the District of Columbia, also known as the Act of 1871.

With no constitutional authority to do so, Congress created a separate form of government for the District of Columbia, a ten mile square parcel of land (see, Acts of the Forty-first Congress,” Section 34, Session III, chapters 61 and 62). [3]

The act — passed when the country was weakened and financially depleted in the aftermath of the Civil War — was a strategic move by foreign interests (international bankers) who were intent upon gaining a stranglehold on the coffers and neck of America.

Congress cut a deal with the international bankers (specifically Rothschilds of London) to incur a DEBT to said bankers. Because the bankers were not about to lend money to a floundering nation without serious stipulations, they devised a way to get their foot in the door of the United States.

The Act of 1871 formed a corporation called THE UNITED STATES. The corporation, OWNED by foreign interests, moved in and shoved the original Constitution into a dustbin. With the Act of 1871, the organic Constitution was defaced — in effect vandalized and sabotaged — when the title was capitalized and the word “for” was changed to “of” in the title.

THE CONSTITUTION OF THE UNITED STATES OF AMERICA is the constitution of the incorporated UNITED STATES OF AMERICA. The country was changed, by stealth, from a Constitutional Republic to a corporation. [4]

Now we can better understand why the following occurred:
• USA INC granted ‘corporations’ the rights of ‘persons’, in a slurry of lawsuits by corporations shortly after the end of the Civil War.
• USA INC turned control of credit and currency over to the same international bankers by passing the Federal Reserve Act in 1913 [5] and initiated a taxation scheme on the people via the 16th Amendment [6]
• USA INC turned the US Treasury Department (including all its assets) over to the private Federal Reserve in 1920 (Independent Treasury Act – 1920) [7]

The Bankruptcy of USA INC – 1930′ s
• USA INC, after being pillaged and bankrupted by the Federal Reserve banking cartel [8], turned over the entire country – including the people – as collateral on its corporate debt in 1933 and bound the individual states to ‘its’ bankruptcy obligations. [9]
• USA INC gave its CEO (the President) the authority to call a national emergency (a banking ‘holiday’) and establish Executive Branch ‘agencies’ to manage the state of emergency. The “national emergency” has never been removed and is still in effect. [10] Hence we have far reaching unconstitutional “Executive Orders”.
• USA INC declared the American people “enemies of the state” to force them to surrender their gold [11] and use Federal Reserve debt ‘notes’ as currency [12]

• USA INC issued Birth Certificates and Social Security Numbers whereby making the people registered ‘collateral’ for the payment of the debt owed to the same banking cartel
• USA INC started requiring the American people – as enemies – to get licenses to do business
• USA INC gradually altered the legal system and implemented corporate commercial Admiralty law (aka statutory law) throughout all of the states, counties and municipalities. [13] Statutes are for THEIR corporations and agencies. They only apply to us if we agree to contract with them. [14]

Then in the 70’s – 80’s USA INC (passing as a legitimate government) removed the gold standard from the dollar, tricked the states into sending their tax revenues to the District of Criminals (‘revenue sharing’) and even authorized the Department of Defense to wage war on the general population [15] – which it is now doing! There is an ongoing electro-magnetic radiation attack, it is a US military operation, and it is being inflicted on us all via the wireless communication and surveillance network. [http://smartmetersmurder.com/]

In 1992 the CEO of USA INC ordered the corporate states, counties and municipalities to sell off their public’s assets. [16]

In 2001 USA INC passed the Patriot Act, which permits unlimited spying on the American population and in 2011 Obama, the CEO of USA INC, signed the National Defense Authorization Act, permitting the arrest, and indefinite detention of ANYONE on US soil for merely displeasing the office of the President.

– Why aren’t the American people told that they are still classified as “enemies of the state” by the so-called federal government? [17]
– Why haven’t folks heard about the USA INC bankruptcy of ’33 and the severe changes that came thereafter?
– Why aren’t we told our justice system is based on corporate/commercial law and not on justice?

Because all lawyers (including those calling themselves constitutional ‘experts’) have to swear an oath of secrecy and agree to administer the bankruptcy. [18] [19] And a vast number of our so-called elected representatives are lawyers themselves! Very few lawyers will admit to these facts – that many might not even be aware of!

And here is the ELEPHANT IN THE ROOM:
The American people did not and would not have agreed to any of this. They were kept in the dark and today find themselves unwittingly ‘contracting’ with a completely corrupt corporate franchise system, that doesn’t represent their best interests and that they don’t even know is in place. Therefore, the CIA has achieved their goal:
” . . . everything the American people believe is false.”

So, let’s stop calling these bodies and agencies our government. They are not. They are only posing as government. They do not serve us, but are actually private corporations listed on Dunn and Bradstreet by their all caps corporate names. We owe them no loyalty and it is our duty to expose the fact that they are fraudulently receiving public funds and ‘governmental immunity’ while they are actively profiting from and harming us all . . . even if many of their employees are as much in the dark as the rest of the population.

We simply must understand that as dead legal fictions they can only control us by our ‘consent’, and retired Judge Dale did an excellent job explaining how the ‘system’ really works. A MUST READ: Judge says USA INC is just a corporate franchise network

References and Links

[1] Democratic-Federal Franchise; http://anticorruptionsociety.com/2010/03/26/democratic-federal-franchise/

[2] The Act of 1871: The United States is a corporation http://www.federaljack.com/slavery-by-consent-the-united-states-corporation/

[3] “27 CFR 72.11” U.S. Inc. defines all crime as commercial as a result of the fall of the republic when the South walked out of congress in 1861 and the de jure congress, unable to raise a quorum, was replaced by Lincoln with the de facto corporate Congress; and the de jure district court of the United States was replaced by the de facto corporate UNITED STATES DISTRICT COURT (http://www.access.gpo.gov/nara/cfr/waisidx_98/27cfr72_98.html)

[4] “28 USC 3002” (definition of the United States as a Federal corporation never taught in civics class; go to paragraph 15) (http://www.law.cornell.edu/uscode/uscode28/usc_sec_28_00003002—-000-.html)

(15) “United States” means-

(A) a Federal corporation;

[5] – “Lewis v. United States 680” (Federal Reserve Bank is privately owned: “…we conclude that the Reserve Banks are not federal instrumentalities for purposes of the FTCA (Federal Tort Claims Act), but are independent, privately owned and locally controlled corporations.” Lewis v United States, 680 F.2d 1239 (9th Cir. 1982). In other words, the Fed enjoys no United States immunity from law suit because it is a Federal institution in name only. (http://nesara.org/court_summaries/lewis_v_united_states.htm and http://www.geocities.com/chrisforliberty/lewis.html)

[6] – “Grace Commission” (Confirmed that virtually ALL taxes actually go to the Federal Reserve Bank to pay interest on the U.S. debt to the banking families that own the International Monetary Fund (IMF): “With two-thirds of everyone’s personal income taxes wasted or not collected, 100 percent of what is collected is absorbed solely by interest on the Federal debt and by Federal Government contributions to transfer payments. In other words, all individual income tax revenues are gone before one nickel is spent on the services which taxpayers expect from their Government.” J. Peter Grace, Cover letter, President’s Private Sector Report on Cost Control, January 12, 1984. Peter Grace was considered the Warren Buffet of his time, and the Grace Commission Report received widespread media attention as the gospel of Reagan’s so-called tax system overhaul.) (http://www.freecanadian.net/articles/grace.html or http://www.uhuh.com/taxstuff/gracecom.htm)

[7] Independent Treasury Act, 41 Stat. at L. 631, CHAP. 214 http://www.mindserpent.com/American_History/federal/acts/41_stat_631.html

[8] “Congressman Louis McFadden speech” (indictment of the Secretary of the Treasury and the Federal Reserve Board of Governor’s for treason by the chairman of the House Banking and Currency committee in 1934. In scathing speeches to Congress, McFadden said: “(The Fed) has impoverished and ruined the people of these United States, has bankrupted itself, and has practically bankrupted our Government.” This most knowledgeable man on banking also explained in vivid detail the method for recruiting the Federal Reserve to pay our debts as holder of the gold, and which is at the heart of today’s “tax remedies.”) (http://www.geocities.com/Heartland/7006/mcfadden-frb.html or http://www.geocities.com/CapitolHill/Senate/3616/flaherty10.html and http://en.wikipedia.org/wiki/Louis_T._McFadden)

[9] Who is Running America; http://www.barefootsworld.net/usfraud.html

[10] – “Senate Report 93-549” (The United States has been under dictatorial control since March 9, 1933. Report of the Special Committee on the Termination of the National Emergency, Senate Report 93-549, War and Emergency Powers Acts, November 19, 1973. “Foreward: Since March 9, 1933, the United States has been in a state of declared national emergency…These proclamations give force to 470 provisions of Federal law. These hundreds of statutes delegate to the President extraordinary powers, ordinarily exercised by the Congress, which affect the lives of American citizens in a host of all-encompassing manners. This vast range of powers, taken together, confer enough authority to rule the country without reference to normal Constitutional processes. Under the powers delegated by these statutes, the President may: seize property; organize and control the means of production; seize commodities; assign military forces abroad; institute martial law; seize and control all transportation and communication; regulate the operation of private enterprise; restrict travel; and, in a plethora of particular ways, control the lives of all American citizens.”) ( http://www.scratchinpost.net/barefootbob/war_ep1.html)

[11] “Executive Order 6102”: Government’s confiscation of your family’s gold and wealth under threat of 10 years in prison for failure to comply. As the Order specifies U.S. “persons” (eg. JOHN SMITH and JANE DOE), law enforcement was duped into enforcing against the general public a command that only applied to Federal employees and members of the armed forces.) (http://www.presidency.ucsb.edu/ws/index.php?pid=14611 or http://www.the-privateer.com/1933-gold-confiscation.html)

[12] “HJR 192” (outlawing of the simple act of “paying with money” as a felony by substituting the lawyer’s parlor trick of “discharging” debts) (http://www.truthsetsusfree.com/HJR192.htm or http://www.nomoredebt.cc/hjr192.html

[13] James Trafficant (D-OH) speech on floor of Congress of March, 1993 exposing the bankruptcy; http://www.afn.org/~govern/bankruptcy.html

[14] “U.S. v. Spelar, 338 U.S. 217 at 222.” (U.S. regulations apply only within the U.S. territories and the District of Columbia. “There is a canon of legislative construction which teaches Congress that, unless a contrary intent appears [legislation] is meant to apply only within the territorial jurisdiction of the United States.”)

[15] The United States Congress actually gave ‘approval’ to the Dept of Defense (and their private corporate contractors) to wage biological warfare on all of us!

The Secretary of Defense [may] conduct tests and experiments involving the use of chemical and biological [warfare] agents on civilian populations [within the United States].” -SOURCE- Public Law 95-79, Title VIII, Sec. 808, July 30, 1977, 91 Stat. 334. In U.S. Statutes-at-Large, Vol. 91, page 334, you will find Public Law 95-79. Public Law 97-375, title II, Sec. 203(a)(1), Dec. 21, 1982, 96 Stat. 1882. In U.S. Statutes-at-Large, Vol. 96, page 1882, you will find Public Law 97-375

[16] Executive Order 12803; http://www.waterindustry.org/12803.htm

[17] We are the Enemies of the State; http://anticorruptionsociety.com/2011/02/25/we-are-the-enemies-of-the-state/

[18] Who is Running America; http://www.barefootsworld.net/usfraud.html

[19] The Bankruptcy of America – 1933 by Judge Dale: http://anticorruptionsociety.com/the-bankruptcy-of-america-1933/