The Bankruptcy of The United States
United States Congressional Record, March 17, 1993 Vol. 33, page H-1303
Speaker-Rep. 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?’
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."
Image: United States Congressional Record, March 17, 1993 Vol. 33, page H-1303
http://www.afn.org/~govern/bankruptcy.html
WIEL
From http://reality-bytes.hubpages.com/hub/Do-We-Live-Under-Maritime-Law
Maritime Law: The Jones Act
There are two different kinds of Law on the planet. The first is known as CIVIL LAW which is Law of the Land. The other is Maritime Admiralty which is also known as the Law of Water, it can also be referred to as Banking Law.
Maritime Admiralty Law considers you a Maritime Admiralty Product simply because you were Birthed out of your mother's water. A ship sits in its Birth until the Captain gives a Certificate of Manifest to the Port Authorities.
The reason you are required to have a Birth Certificate is because at the time of your Birth there is an exchange of Money to cover hospital costs. The Dock signs your Birth Certificate simply because that is what the Ship is tied to, you will need a Dock to sign your Birth Certificate.
It does not make sense?
Let's go over this again, when you came down your mother's Birth Canal you came out of her Water, making YOU a Maritime Admiralty PRODUCT. That is right you became a PRODUCT of Commerce at the time of your Birth. Your mother also needs to sign your Birth Certificate, if you notice on your Birth Certificate where your mother signed, she is not listed as parent, nor is she listed as mother. Where your mother signed your Birth Certificate she is known as Informant!
What or who did my mother inform?
Your mother informed the Banks that she had just produced another Product to be used in Commerce. Your actual physical body is owned by England, actually to be more precise, your body is owned by the British Crown. That is the LAW!
It all comes down to this; YOU ARE A MARITIME ADMIRALITY PRODUCT!
YOUR BODY IS OWNED BY THE BANKS!
If you look at your Social security Card, you will see Numbers in Red on the back of the card. The front of the card will be printed in either Blue or Black, but the numbers on the back will be in RED.
What are these numbers on the back of my Social security card?
These numbers which appear in Red on the back of your Social Security Card represent your body. Your body is bought and sold on Stock Markets, the Numbers In Red on the back of the card is the Serial Number of your Stock. Poor people are considered Common Stock and the Wealthy is known as Preferred Stock.
Just like any other Stock, your body is traded on open markets though the use of your Birth Certificate. If you could see your Original Certificate Of Birth, you would see on the back of the Certificate marks from Banks from all over the globe. World Banks trade your body just as they do every other Commodity. This is because you are Stock in a Maritime Admiralty Banking Scheme where you are used to return profits to the Bank.
I still do not believe it?
I know it sounds insane but please be patient.
Be aware of your surroundings and do not take things for granted. Just because you were not taught it in school does not mean it is not real!
Look at your Bills, check out your Drivers License, your Social Security Card, Utility Bills, anything with your name on it.
What do you see?
Any form that is used for Business purposes will have YOUR NAME in Capital Letters.
I notice but why is it printed like that?
Anytime you are involved in Business Transactions, you will always see YOUR NAME in CAPITAL LETTERS. Only in this form are you able to deal with either Banks or the Government. Whenever Your Name is spelled with a combination of capital and lower case letters it refers directly to you as a Natural Person.
Since the Banks and Government has no control over Natural Born People they will not deal with you as a person. Only your Straw Man is able to engage in Commerce.
Once you sign a Contract which uses YOUR NAME in Capital Letters you have given your consent to this artificial entity. Now you can be brought into a Court.
When you find yourself in a Court you will be asked to stand before the Bench. In Latin the term for Bench is Banco or more simply put Bank. So a Judge sits on a Bench, they also Rule from the Bench. In other words the Judge rules for the Bank. Words have meaning!
What do you mean the Judge rules from the Bank?
Whenever there is a case heard in a Court somebody is going to pay. That is right the Queen Of England gets a cut from the energy, time, and labor of the American People.
You are Property of the Queen of England as part of a Corporation whose name is the UNITED STATES. The President of this Corporation is also known as President Of The United States.
Once you educate yourself you will see that an American is not required to enter a British Commercial Venture known as Court. The only reason you appear in Court is because you give your Consent to appear.
If I receive a summons I have to go to court?
The question is did you receive the summons, or did your artificial Strawman receive it? Look at the summons and see how Your Name is spelled. If it is in CAPITAL LETTERS than this is not you the person, it is a Corporation belonging to Foreign Interests. The Corporation is not alive, it simply does not really exist at all and you cannot be held responsible for it unless you give your Consent.
There is absolutely no reason that an American needs to appear before British Grand Lodge Masonic System called Courts. Americans are deceived into believing that they must go to Court. Free People do not have to do anything! Only a Slave is required to answer to Court Orders.
The Federal Government serving on behalf of King's Commerce, has every intention of stripping the People of their Natural Born Rights,simply to replace them with State Granted Privileges.. Eliminating Common Law by getting them to believe in the Artificial Entity known as the Federal Government.
It provides an illusion of Fair Laws such as the 14th Amendment. It also is busy working on getting the People to rely on Government Services such as Welfare, Social Security and other State Sponsored Programs.
There are many illusions perpetrated on the American People such as Licensces, Permits, and Certificates. They also get People to believe in the worthless linen with green ink known as Federal Reserve Notes.
There is also a cacophony of Security Services that seem more than redundant. IRS/FBI/CIA/NSA/FEMA/Homeland Security
There are many Americans who believe that all these entities are necessary. Almost like they believe that without this army of Security Services they could not survive. This provides the Federal Government with a society that relies on the Government for their very lives, like they would not be able to live without it.
Thanks to our System of Lawyers, we have Hidden Contracts of this type. Until the People realize that a charade has been perpetrated on the Nation we have no hope of Freedom. We must first see, and then identify this system of Oppression.
Most People have not noticed or felt the Force of our Federal government. they are content to dabble in distractions provided by their Televisions and Computers. They count on the Media to inform them, that is a huge mistake.
There are other people who have had to enter into the King's Court of Law only to come out bewildered. Wondering what happened to the Rights they had believed existed under the Original Constitution.
Some people are aware that they gave up their Rights for a Government Handout. The Patriot Acts I and II provided an awakening to many people. Hopefully more people will become educated so we can begin the path to recovering our Great Republic.
WIEL