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  TRAFFICANTE -- THE BANKRUPTCY OF THE UNITED STATES

  Posted By: Rayelan
  Date: Sunday, 4 March 2001, 2:22 p.m.

  In Response To: Hinting at an end to IRS? (hobie)









          TRAFFICANTE: ON THE BANKRUPTCY OF AMERICA
          The receivers of the United States Bankruptcy are the
International Bankers, via the United Nations, the World Bank and the
International Monetary Fund.

          THIS IS ALSO WHY PEOPLE CALL US
          A DEMOCRACY INSTEAD OF A REPUBLIC!

          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 in 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. Join AWARE to network with others who feel the same way you
do!

 

TRAITOR McCain

jewn McCain

ASSASSIN of JFK, Patton, many other Whites

killed 264 MILLION Christians in WWII

killed 64 million Christians in Russia

holocaust denier extraordinaire--denying the Armenian holocaust

millions dead in the Middle East

tens of millions of dead Christians

LOST $1.2 TRILLION in Pentagon
spearheaded torture & sodomy of all non-jews
millions dead in Iraq

42 dead, mass murderer Goldman LOVED by jews

serial killer of 13 Christians

the REAL terrorists--not a single one is an Arab

serial killers are all jews

framed Christians for anti-semitism, got caught
left 350 firemen behind to die in WTC

legally insane debarred lawyer CENSORED free speech

mother of all fnazis, certified mentally ill

10,000 Whites DEAD from one jew LIE

moser HATED by jews: he followed the law

f.ck Jesus--from a "news" person!!

1000 fold the child of perdition

 

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