What is "Money"? ......... Without knowledge it is probably a "crisis/missed opportunity". It is awaiting our greater understanding, our potential free thinking and possibly our participation in a new co-creation.
Date: 1/28/2015 10:21:23 AM ( 6 y ) ... viewed 1494 times
January 15, 2021 - Catherine Austin Fitz - "The End of Currencies" -
"We are in a period of great change and uncertainty where the central bankers are
trying to keep the dollar system going and accelerate it. So, they are trying to
lengthen the dollar system, and then they are trying to accelerate bringing in the
new system. They have to bring in the new system without anybody quite
realizing exactly what it is.
We’ve had a global reserve currency system, the dollar, and it needs to evolve
and change. It’s long in the tooth, and there is lots of unhappiness with
this system. The central bankers are trying to bring in a new system. To do it,
they are trying to extend the old and accelerate the new. It makes it a very
chaotic thing since much of the new is being tested and tried and prototyped,
and it involves many different industries.
I describe the new system as ‘the end of currencies’. So, we’re not bringing in
a new currency; we are essentially bringing in a new transaction system that will
be all digital and essentially basically end currencies as we know them.
What they are trying to do involves essentially practically all of the money on the
planet. So it’s big, it’s complicated, it’s messy, and the challenge that they have
is: How do you market a system that, if people understood it, nobody would
want it? (LOL!) Of course, the way that you do that is with the healthcare crisis."*
Read the last line at least a couple more times!
October 17, 2020 - Got A Non-Criminal Bank" -
“Ted Butler has an article
about the Department of Justice - the
Commodities Futures Trading Commission
and JP Morgan
settlement in which he says that ...
once these banks are under scrutiny (and
are because they've just been caught
fingers in the cookie jar) it's a total
fine for JP
Morgan of close to a billion dollars
… 920 million dollar
fine. Now the problem here is they
made a couple billion dollars doing this
and so as long as the fine does not
the profits that they make which is
always the case
then it's usually good to just keep
on committing a
crime, pay the fine, commit it again.
However this time they're under
closer scrutiny. The investigations
could go deeper and if they do go deeper
long-term manipulation instead of this
spoofing of high-frequency trading. This
is stealing from all of the traders
in the market.
But if they're doing long-term
manipulation then it's it's also
affecting all of the
investors in the market and they've been
So now they're under scrutiny. Ted Butler
has noticed a difference in the way that
Mike reads a number of published financial articles - one of these includes this quote: “Gold is …the anchor of trust for the financial system. If the system collapses, the gold stock can serve as a basis to build it up again. Gold bolsters confidence in the stability of the central bank’s balance sheet and creates a sense of security." "Dutch jump the Gun – In Secret" 
August 21, 2020 - Got Gold? ......... If so You Got Real Money! -
"All gold illegally confiscated by the Franklin Delano Roosevelt Administration is claimed, including the 6,000 tons used to back and bank roll the 'Federal Reserve' and the additional 14,000 tons admitted to by FDR which were used as Slush Funds and 'investment accounts' used to buy controlling interests in the Fortune 500 corporations and otherwise manipulate commodity markets, including international currency markets.”
Would twenty tons of gold today sell for about twenty three trillion $? .......
And if that amount were divided equally among possibly 209,000,000 American adults (18 yrs +) do you think $110,000 each would stimulate the economy? .........
This Blog-writer would most definitely be investing in land with its own natural spring and pastures.
August 6, 2020 - Insightful Comments -
"MaximusAugust 6, 2020 at 8:45 AM
Screwing the people of the world over and over and over from at least 1913 - Bankers and BARS-Attorneys oversee it!!
People Believe that I.O.U is money ...........LOL
"Thou shall not have divers weight and measures but thou shall have a perfect and just weight, a perfect and just measure." (Deut. 25:13-15)
Modern Money Mechanics is an actual 50 page document produced and distributed by the Federal Reserve Bank of Chicago explaining fractional reserve banking. A PDF booklet subtitled, A Workbook on Bank Reserves and Deposit Expansion, explains how they create money out of thin air and play roulette with the economies of the world.
original ---- https://upload.wikimedia.org/wikipedia/commons/4/4a/Modern_Money_Mechanics.pdf
not the original -
Gratitude - Keep moving forward
Carpenter - August 6, 2020 at 11:19 AM
>> Bankers and BARS-Attorneys oversee it!!
Maximus, I would call them racketeered Govt's, they've sinned long before 1913 on other poor countries, for massive GOld. These Narcissists lives on people energies, and on innocent precious materials, to back the (Robbers/) Bankers / England worthless currencies.
Why they always want to be the final callers/judges of the world? because they are so corrupt. TOP THIEVES, TOP Thievery Governments. Even the U.S.A.(INC)cannot match with the British TOP-FRAUD. Here is their Ranking, seen from my 3rd eye:
1st: British MULTI-FRAUD.
2nd: U.S.A INC, U.S. INC, FRANCE, SCOTTISH INC.,
3rd: England Commonwealths, Vatican-City.
4th: Their little allies, Japan should quit, being victim and joined their own enemies makes no sense.
5th: some young countries are being deceived via UN (Corp.)"
July 3, 2020 - Omraam on Money -
"Money is necessary; no one in their right mind would say you could live without money, for without it you would become a beggar or a parasite. Nor is it a solution to do away with money as some people suggest, seeing it as the cause of all evil in our society. Money is a means of exchange. If we did away with it, we would only have to find something else to take its place, for life in a society is based on exchanges. We will always need some form of currency. If money is harmful, it is not the fault of money itself, but of those who use it to satisfy their greed. If human beings have evil intentions, money will serve to help them achieve their dishonest ends. But if they have better things in mind, the same money can be a blessing in their hands."
There exists other ways to live without "money" and without becoming "a beggar or a parasite." It' s called trade. There are many ways to trade services and products for other services and products without the necessity of money as part of the trade or at least by minimizing the reliance upon it. This blog-writer has been trading for forty-two years. Real money is distinct form "currency". Mike Maloney speaks to this in his YouTube presentations. Consequently we don't actually have any money. We just have currency. In the USA the currency is in the form of Federal Reserve Notes (FRNs). FRNs used to be backed by money but not any more.The way the Federal Reserve System works is based on debt plus interest on the debt which means there are going to be defaults because the "interest" is an extra debt "virus" that is not part of the "loan." The defaults make this form of currency harmful for those that can't pay the interest.
It could be interesting to know the date of the above quote of Omraam. If prior to the Nixon era then there still was some money backing up the FRNs.
June 24, 2020 - Catherine Austin Fitts -
... what we're seeing is a
reengineering of the global financial
system and governance system
the 'just do it method' and of course a
very important part of that is we see a
lot of smart money get out of the market
in the top in January in February and
then March a push used to basically use
police powers created through the healthcare system to shut down a huge part of the independent economy globally so small business small farms shut down across the board throwing both the emerging markets and many small business into debt traps so we are watching the mother of all debt entrapments going globally and that means we're in for a very radical reengineering and of course
that's what we're seeing in the USI
"It's Like Saying We Have Cells" -
... they're talking with contact
tracing hiring you know tens of
thousands of contract tracers who can
come into your home and force you to be
tested and if they find you positive now
remember many of these tests have fifty
to eighty percent false positives they
can quarantine you and they reserve the
right to take people out of your home
and take them to government or private
camps separately so there they're
asserting the right to come into your
home and take your children so I come in
I test you
I say you're positive ... with tests
which are totally unreliable and almost
everybody has coronavirus in their
bodies and were asymptomatic
it's it's like saying we have cells ...
Nuremberg code and the Nuremberg
principles well he's ...
actually said that ... some people may
not want to get this. ... some people
gotta just be able to turn this down.
what you have to understand about
everything's going on right now between
our taxes and our pension funds we're
financing this and unfortunately you
know I've talked a lot on the Salorie
report about entrainment technology in
the propaganda on the media but you have
a combination of propaganda and
entrainment that has persuaded a great
you know at least 40 or 50
(million people) ... that these
injections are okay ...
understand there's no getting around
this wiggling around this ... they're basically coming to steal
all your assets ...
even Jim Cramer said this is the
greatest wealth transfer in the history
... of our civilization
basically what they just did was they
shut down all small business and all
small almost all small firms and ranches
and proceeded to let the large
corporations scarf up all that market
share and that's how they can ...
expand m2 by 31% because if you shut up
shut down Main Street you know that's
very deflationary and it offsets the
inflation of all the money you're
printing and giving to your friends so
you're talking if you look at the play
the money and engineering acid bubbles
of the variety of things you're doing
with it at the same time you're throwing
all small business and independent
business into a into a debt trap there's
just a great article in Financial Times
about KKR and some of the other private
equity firms have been ...
wanting to buy certain businesses for a
long time well they've all just gotten
slammed down and they're picking up
equity pieces ... for pennies on
the dollar it's exactly what they did in
Asia in 1997 when they ... crashed
Asia so this is an old game ..."
May 18th, 2020 - "What The Fed? (WTF)" -
Just posted the following comment after (speed) watching a "round table" discussion on this subject matter.
These men all appear to be "good people," presenting their good efforts and (I trust) with nothing but the best of intentions. I find it truly remarkable that the subject matter of the Law was not on the table along with a discussion on how to reign-in the corporate entities that commit "institutionalized fraud"under color of law! No discussion for the Law leaves a big hole in this picture! How about "Round 3" featuring the Law as the center piece? ......... If that's possible then how about inviting Anna Von Reitz and Dr. Ed Rivera into the discussion? .........
May 7. 2020 - What Is Lawful Money? -
The ‘gold standard’ meets God’s standard, the US dollar does not. -
Proverbs 11:1 – A false balance is an abomination to the LORD, But a just weight is His delight.
Hosea 12:7-8 – A merchant, in whose hands are false balances, He loves to oppress.
Federal Notes are not substative (sic) stable money, Gold is.
Money of account, gold dollar = 1/20 of an ounce of 99.9 % gold.
Article 1, Section 10 of the Constitution expressly mandates: “No State shall… make any Thing but gold and silver Coin a tender in payment of Debts”.
Coinage Act of 1792, Congress declared and defined the term “dollar” as coin consisting of gold or silver.
Federal Law, Title 12, Section 152, which defines “Lawful Money of the United States” to ONLY be “gold coin” and “silver coin”.
May 6, 2020 - "Coronavirus 'Live Exercise", JAN 2020" -
The first mention of this phrase: "live exercise" came to this Blog-writer by way of Anna's article.
That inspired this writer to search the phrase and from that additional articles appeared including one that mentions this phrase several more times.*
April 23, 2020 - https://underground.net/money/the-truth-is-out-and-the-banks-are-rolling-in-it/
The above link will get you to a very quick read on this subject matter (less than one page). Although it's not the whole entire picture it can possibly serve at least as an important first step toward greater understanding as to why currency is not money. The conclusion in the article deserves an update and especially in light of the most recent bailouts which raises the question as to whether these fiat bailouts will continue to increase and what the inevitable impact will be on the purchasing power of this currency (because it most certainly is not money).
April 16, 2020 - “The federal reserve is presently acting in blatant non-compliance with the federal reserve Act of 1913"
March 27, 2020 - More Fiat Currency Is Not More Money! -
“Money must be a store of value. Gold and silver have maintained their value throughout the centuries and so they are the only currencies we can call money. Fiat currency in not… has never been… and will never be …money. Treat this truth like gospel, and you’ll be ahead of 99.9% of the population.
From now on, every time you open your wallet to use some debt-based currency, just stop a moment and think about how incredibly stupid the whole concept is. I have been doing this for many, many years …
If we want to achieve truth and understanding… we must choose our words wisely. As J.P. Morgan famously said, ‘Gold is money... everything else is credit’." Mike Maloney
March 16, 2020 - Currency is Not Money! -
"A lot of people think currency is money. For instance, when someone gives you some cash, you presumably think of it as money. It is not. Cash is simply a currency, a medium of exchange that you can use to purchase something that has value, what we would call an asset."
March 9. 2020 - Money Power -
"... Love of power is closely akin to vanity, but it is not by any means the same thing. What vanity needs for its satisfaction is glory, and it is easy to have glory without power… Many people prefer glory to power, but on the whole these people have less effect upon the course of events than those who prefer power to glory… Power, like vanity, is insatiable. Nothing short of omnipotence could satisfy it completely. And as it is especially the vice of energetic men, the causal efficacy of love of power is out of all proportion to its frequency. It is, indeed, by far the strongest motive in the lives of important men.
Love of power is greatly increased by the experience of power, and this applies to petty power as well as to that of potentates.
Anyone who has ever agonized in the hands of a petty bureaucrat — something Hannah Arendt unforgettably censured as a special kind of violence — can attest to the veracity of this sentiment. Russell adds:
In any autocratic regime, the holders of power become increasingly tyrannical with experience of the delights that power can afford. Since power over human beings is shown in making them do what they would rather not do, the man who is actuated by love of power is more apt to inflict pain than to permit pleasure.
But Russell, a thinker of exceptional sensitivity to nuance and to the dualities of which life is woven, cautions against dismissing the love of power as a wholesale negative driver — from the impulse to dominate the unknown, he points out, spring such desirables as the pursuit of knowledge and all scientific progress. He considers its fruitful manifestations:
It would be a complete mistake to decry love of power altogether as a motive. Whether you will be led by this motive to actions which are useful, or to actions which are pernicious, depends upon the social system, and upon your capacities. If your capacities are theoretical or technical, you will contribute to knowledge or technique, and, as a rule, your activity will be useful. If you are a politician you may be actuated by love of power, but as a rule this motive will join itself on to the desire to see some state of affairs realized which, for some reason, you prefer to the status quo. ..."
February 27, 2020 -
"... To put things in perspective -- we have had zero deaths from Corona virus, and in a bad year, plain old flu takes out 70,000 people across America.
It's looking more and more like Jon Rappoport is right --- again, that this is just another Big Lie and furor designed to bilk investors in so-called 'Pandemic Bonds' and dupe and entertain the public with fear-mongering. ..."*
To the extent that the above quote is accurate the following intro to Dr Sircus article with his financial presentation is probably underscored.
February 17, 2020 - Why I've Avoided Banking For The Last Several Years -
The current financial implications of the Coronavirus situation now growing in China as well as its anticipated impact on the world is presented in broad brush strokes (with references to a number of voices) in this article.
January 31, 2020 - Money is "an Imaginary Value" -
The economist Nicholas Barbon wrote that money "was an imaginary value made by a law for the convenience of exchange."*
December 12, 2019 - The Survival of The “Dollar” (Actually Federal Reserve Note Currency) is Threatened.
Reported by Mike Mahoney
“This (is the) money of the Constitution - the only thing that is real (possibly more accurate to say "lawful") money!”:
“No State shall … coin Money; emit Bills of Credit; make any Thing but gold and silver Coin a Tender in Payment of Debts; …”: Article 1 Section 10.
“Everything else is ‘currency.’ People need to define the difference.
Money has to be a storage of value.” Mike says that the Federal Reserve Note currency “has lost 98% of it value” since it was first created. “No currency that is issued by a central bank … stores value … they all lose value.
Gold and silver are the only money - everything else is currency.
Anyone who doesn’t use the word 'currency' (instead of the term ‘money’) when they are talking about ‘dollars’ (as the term is consistently misapplied to Federal Reserve Notes) doesn’t know what they are talking about!
Everyone needs to define the difference.”
However, Mike also says even though he has gold and silver (as well as a fourth kind of currency in the form of nitrogen vacum-packed dry food stooge) he's looking to buy a ranch so he can grow his own food. Maybe he thinks he needs the gold and silver to pay his hired help?
November 16, 2019 - Important Information that Could Possibly Have a "Mind-Altering" Impact! -
Top Consideration -
“A dollar is a debt, a debt note. A dollar is not money …”
Comment: Also see the posts on October 17th and 18th (below).
2nd - Multiple Items - starting with some noteworthy awareness in government that gets referred to by Anna later:
H. R. 5404
To define the dollar as a fixed weight of gold.
IN THE HOUSE OF REPRESENTATIVES
March 22, 2018
Mr. Mooney of West Virginia introduced the following bill; which was referred to the Committee on Financial Services
To define the dollar as a fixed weight of gold.
Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,
SECTION 1. FINDINGS.
Congress finds the following:
(1) The United States dollar has lost 30 percent of its purchasing power since 2000, and 96 percent of its purchasing power since the end of the gold standard in 1913.
(2) Under the Federal Reserve’s 2 percent inflation objective, the dollar loses half of its purchasing power every generation, or 35 years.
(3) American families need long-term price stability to meet their household spending needs, save money, and plan for retirement.
(4) The Federal Reserve policy of long-term inflation has made American manufacturing uncompetitive, raising the cost of United States manufactured goods by more than 40 percent since 2000, compared to less than 20 percent in Germany and France.
(5) Between 2000 and 2010, United States manufacturing employment shrunk by one-third after holding steady for 30 years at nearly 20,000,000 jobs.
(6) The American economy needs a stable dollar, fixed exchange rates, and money supply controlled by the market not the government.
(7) The gold standard puts control of the money supply with the market instead of the Federal Reserve.
(8) The gold standard means legal tender defined by and convertible into a certain quantity of gold.
(9) Under the gold standard through 1913 the United States economy grew at an annual average of four percent, one-third larger than the growth rate since then and twice the level since 2000.
(10) The international gold exchange standard from 1914 to 1971 did not provide for a United States dollar convertible into gold, and therefore helped cause the Great Depression and stagflation.
(11) The Federal Reserve’s trickle down policy of expanding the money supply with no demand for it has enriched the owners of financial assets but endangered the jobs, wages, and savings of blue collar workers.
(12) Restoring American middle-class prosperity requires change in monetary policy authorized to Congress in Article I, Section 8, Clause 5 of the Constitution.
SEC. 2. DEFINE THE DOLLAR IN TERMS OF GOLD.
Effective 30 months after the date of enactment of this Act—
(1) the Secretary of the Treasury (in this Act referred to as the “Secretary”) shall define the dollar in terms of a fixed weight of gold, based on that day’s closing market price of gold; and
(2) Federal Reserve Banks shall make Federal Reserve notes exchangeable with gold at the statutory gold definition of the dollar.
SEC. 3. DISCLOSURE OF HOLDING.
During the 30-month period following the date of enactment of this Act, the United States Government shall take timely and reasonable steps to disclose all of its holdings of gold, together with a contemporaneous report of any United States governmental purchases or sales, thus enhancing the ability of the market and of market participants to arrive at the fixed dollar-gold parity in an orderly fashion.
Plus - 2 results (regarding the above “Bill”) for All Actions -
Referred to the House Committee on Financial Services.
Action By: House of Representatives
Introduced in House
Action By: House of Representatives
The following is a small fraction of all the reports by government and corporate authorities, investigators, etc:
FRS audit reveals 16 Trillion stolen 2007-2010:
21 Trillion stolen 2015 = $65,000 per American:
85% of taxpayer money is/has been missing:
Well over $100 trillion theft from the public through thin-air money and fabricated Fractional Banking by FRS and its associated banks:
And a thousand more sources warning us.
Derivatives (= thin-air created IOU's + interest intake):
Estimated vary from
$2 to $4 Quadrillion ("Q", not T or B)
Oh, where is the theft with this? A constructive and non-inflammatory currency/money has always been and still is an exchange of "products and services" for "products and services" = "earned" exchanged for "earned", "real" for "real". In the case of Derivatives it is "real" exchanged for "fiction" = eventual loss of purchasing power by the public (unfortunately =, the submissive "succors").
The mass-theft, since the origin of Breton Woods in 1946, totals approximately 500 times the entire world's annual production.
December 11, 2019 - Informative Video - "The Dollar Vigilante" and Mike Maloney on Surviving The Impending Crisis ...:
About 20 to 25' into this video is a segment that is especially significant and noteworthy where the subject of grow you own food is front and center. This is "especially significant" because it is possible the first time that Mike mentions searching for a ranch got grow his own food in the ten years since his book forecasting "The Impending Crisis."
November 15, 2019 - Federal Reserve System -
"... They called themselves the 'Federal Reserve' to make it sound like they were an official government institution, but no, in fact, the Federal Reserve was nothing but a private association of banks engaged in the process of seizing your silver at no cost to themselves, issuing I.O.U.s --- promises to pay you back at some later unspecified date --- and promoting institutionalized fraud.
By this unexplained, undisclosed process initiated by Parties deliberately misrepresenting themselves as someone or something that was part of the 'Federal' Government, vast quantities of silver deposited by Americans in banks throughout this country, and other assets of ours deposited around the world, were seized upon by the members of the so-called Federal Reserve System.
It was and is a 'System' all right, in the gangster sense of the word.
They paid nothing but the cost of printing Federal Reserve Notes in exchange for purloining all that silver. And they did the same thing with gold. And they did it on a worldwide basis. Whether we knew it or not, whether we agreed or not, we were imposed upon to loan --under force-- our deposits to these private banking interests.
And what did they do with all this unearned, unlawfully importuned, unjust enrichment?
They cashiered the gold, mostly in the Philippines, and invested the silver and other precious metals in the stock and commodity markets of the world.
They created the 'Exchange Stabilization Fund' ---- a giant currency commodity rigging fund, with which they could control, expand, or collapse the supplies (and values) of any national currency. This then gave them coercive economic power and control over all the national economies. And also over the governments of those countries.
They also bought controlling positions in all the Fortune 500 Companies and controlling positions in all the commodity markets in America. Once they had ownership of these companies and markets --- all paid for initially using our purloined gold and silver --- they began rolling the printing presses, and every time that any of 'their' corporations and 'their' market shares threatened to tank, they simply bought up shares of their own corporations using funny money issued against our assets.
That, in turn, created the impression that these corporations were incredibly successful and well-managed, real Superstars that offered extreme value over the long term for investors ---- but in fact, they were being propped up by artificial means for self-interested reasons, and that over time has led to these corporations being grossly overvalued. And this same process was proliferated all over the world.
The Federal Reserve has been doing exactly that kind of 'buy up' and market tweaking to the tune of almost a trillion 'dollars' worth of purported debt and digits issued against American assets for the past month. ..."
November 21, 2019 - Your Life or Your Money -
By Anna Von Reitz
We all need to understand that FRN's are not your money. Never were. Federal Reserve Notes are I.O.U.'s that belong to the Federal Reserve. They are private script, just like when you (might) give someone an I.O.U.
They are responsible for paying it, but with what?
They haven't used actual money since 1933.
They've just passed debts around "as" money, and passed off their debts as your debts, as the "presumed" co-signers purportedly backing it.
They've inflated this currency 98% and this whole past month, they poured another trillion "dollars" of debt into the stock market, to prop it up at "your" expense.
This serves to further in-debt your family and bail out the corporations and banks at your expense. It also devalues whatever serves as currency yet some more, which shows up as inflation of prices at the gas pump and food stores and everywhere else.
We've seen close to a 30% price increase for many food items here in Alaska in the past three months alone. Nobody is talking about it, but, if you are paying attention or living on a limited income, you are feeling it and your discretionary income is evaporating. Worse, the value of any savings or retirement you have is evaporating, too.
Their excuse for propping up the stock market at your expense is that they have invested heavily in all these corporations "for" you, using your money. So now they are throwing more of your money at these corporations and at the stock market, also "for" you, when in fact those stocks are grossly overvalued already and the money markets and pension funds --- which they also invested in "for" you --- are based on "derivatives" and phony electronic titles and so-called "mortgage backed securities"---which are also bogus.
We have, unknown to us, been living in the Land of Oz for almost a century. ...
November 8, 2019 -
"Rich men have been hiring thugs to do their dirty work, especially to frighten people since human civilization began. What people have to try to appreciate is that Naziism in reality was simply the first time in human history that the rich had enough wealth to hire an entire country of thugs to do their dirty work.
The incredible truth which the rich elite have managed to hide from the world since 70 years through their control of our school books and our education system is that the Nazi war machine was actually an American business."
Re: "an American business" - The investors would be better termed as internationalists, post-nationalists, meta-nationalists, or the like and therefore their business conglomeration was not necessarily American even though a number of the business owners may have appeared to be American. In any case the whole truth of the investment in Germany deserves to be fully researched and carefully examined to identify all the investors then researched further to determine the extent (if any) that "the Nazi war machine" could be considered as "an American business."
October 29, 2019 - OMG! - "Fed Ups Its Wall Street Bailout to $690 Billion a Week as Media Snoozes"!
By: Pam Martens and Russ Martens: October 24, 2019 -
"Yesterday the Federal Reserve Bank of New York (New York Fed) announced that the giant money spigot it turned on for Wall Street on September 17 would be growing exponentially beginning today.
The New York Fed will now be lavishing up to $120 billion a day in cheap overnight loans to Wall Street securities trading firms, a daily increase of $45 billion from its previously announced $75 billion a day. In addition, it is increasing its 14-day term loans to Wall Street, a program which also came out of the blue in September, to $45 billion. Those term loans since September have been occurring twice a week, meaning another $90 billion a week will be offered, bringing the total weekly offering to an astounding $690 billion. It should be noted that if the same Wall Street firms are getting these loans continuously rolled over, they are effectively permanent loans. (That’s exactly what happened during the 2007-2010 Wall Street collapse: some teetering Wall Street casinos received, individually, $2 trillion in cumulative loans that were rolled over for two and one-half years – without the authorization or even awareness of Congress or the American people. One bank, Citigroup, received over $2.5 trillion in Fed loans, much of them at an interest rate below 1 percent, at a time when it was insolvent and couldn’t have obtained loans in the open market at even high double-digit interest rates.) ..."
October 19, 2019 - The "Dollar" - According to: Bouvier's Law Dictionary - 1856 Edition -
money. A silver coin of the United States of the value of one hundred cents, or tenth part of an eagle.
2. It weighs four hundred and twelve and a half grains. Of one thousand parts, nine hundred are of pure silver and one hundred of alloy. Act of January 18, 1837, ss. 8 & 9, 4 Sharsw. Cont. of Story's L. U. S. 2523, 4; Wright, R. 162.
October 17, 2019 - Talk'n 'bout "Money"!
- Etymology of "Dollar" -
"monetary unit or standard of value in the U.S. and Canada," 1550s, daler, originally in English the name of a large, silver coin of varying value in the German states, from Low German daler, from German taler (1530s, later thaler), abbreviation of Joachimstaler, literally "(gulden) of Joachimstal," coin minted 1519 from silver from mine opened 1516 near Joachimstal, town in Erzgebirge Mountains in northwest Bohemia. Joachimsthal was founded 1604 by Joachim Frederick (1546-1608), Elector of Brandenburg. German Tal is cognate with English dale. The spelling had been modified to dollar by 1600.
The thaler was from 17c. the more-or-less standardized coin of northern Germany (as opposed to the southern gulden). It also served as a currency unit in Denmark and Sweden (and later was a unit of the German monetary union of 1857-73 equal to three marks).
English colonists in America used the word dollar from 1580s in reference to Spanish peso or "piece of eight," also a large silver coin of about the same fineness as the thaler. Due to extensive trade with the Spanish Indies and the proximity of Spanish colonies along the Gulf Coast, the Spanish dollar probably was the coin most familiar in the American colonies and the closest thing to a standard in all of them.
When the Revolution came, it (the Spanish dollar) had the added advantage of not being British. It was used in the government's records of public debt and expenditures, and the Continental Congress in 1786 adopted dollar as a unit when it set up the modern U.S. currency system, which was based on the suggestion of Gouverneur Morris (1782) as modified by Thomas Jefferson. None were circulated until 1794. ...
An important linguistical perspective to further substantiate why federal reserve notes are not dollars and therefore do not qualify as real money.
The term: "dollar" originally referred to the fully-established measuring unit for real (coined) Lawful money in the United States of America. The dollar was codified by Congress in the following Act:
Excerpts from the Coinage Act of 1792 -
Act of 2 April 1792, 1 Statutes at Large 246 -
 CHAPTER XVI. - An Act establishing a Mint, and regulating the Coins of the United States.
SECTION 1. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, and it is hereby enacted and declared, That a mint for the purpose of a national coinage be, and the same is established * * * .
* * * * *
 SEC. 9. And be it further enacted, That there shall be from time to time struck and coined at the said mint, coins of gold, silver, and copper, of the following denominations, values and descriptions, viz., EAGLES - each to be of the value of ten dollars or units, and to contain two hundred and forty-seven grains and four eights of a grain of pure, or two hundred and seventy grains of standard gold. HALF EAGLES - each to be of the value of five dollars, and to contain one hundred and twenty-three grains and six eights of a grain of pure, or one hundred and thirty five grains of standard gold.
QUARTER EAGLES - each of be of the value of two dollars and a half dollar, and to contain sixty-one grains and seven eights of a grain of pure, or sixtyseven grains and four eights of a grain of standard gold. DOLLARS or UNITS - each to be of the value of a Spanish milled dollar as the same is now current, and to contain three hundred and seventy one grains and four sixteenth parts of a grain of pure, or four hundred and sixteen grains of standard silver. HALF DOLLARS - each to be of half the value of the dollar or unit, and to contain one hundred and eighty-five grains and ten sixteenth parts of a grain of pure, or two hundred and eight grains of standard silver.
QUARTER DOLLAR - each to be of one fourth the value of the dollar or unit, and to contain ninety-two grains and thirteen sixteenth parts of a grain of pure, or one hundred and four grains of standard silver. DISMES - each to be of the value of one tenth of a dollar or unit, and to contain thirty-seven grains and two sixteenth parts of a grain of pure, or forty-one grains and two sixteenth parts of a grain of standard silver. HALF DISMES - each to be of the value of one twentieth of a dollar, and to contain eighteen grains and nine sixteenth parts of a grain of pure, or twenty grains and four fifth parts of a grain of standard silver. CENTS each to be of the value of the one hundredth part of a dollar, and to contain eleven penny-weights of copper. HALF CENTS - each to be of the value of half a cent, and to contain five penny-weights and a half penny-weight of copper. ...
On 15 January 1520, the Kingdom of Bohemia began minting coins from silver mined locally in Joachimsthal and marked on reverse with the Bohemian lion. The coins were called joachimsthaler, which became shortened in common usage to thaler or taler. The German name "Joachimsthal" literally means "Joachim's valley" or "Joachim's dale". This name found its way into other languages: Czech and Slovenian tolar, Hungarian tallér, Danish and Norwegian (rigs) daler, Swedish (riks) daler, Icelandic dalur, Dutch (rijks) daalder or daler, Ethiopian ታላሪ ("talari"), Italian tallero, Greek τάλληρον, τάλιρο, tàlleron, tàliro, Polish talar, Persian dare, as well as – via Dutch – into English as dollar.([Wiki Footnote: 1] - See this & the following Wiki Footnotes identified within"" in this article at Wikiperdia.)
A later Dutch coin also depicting a lion was called the leeuwendaler or leeuwendaalder, literally 'lion daler'. The Dutch Republic produced these coins to accommodate its booming international trade. The leeuwendaler circulated throughout the Middle East and was imitated in several German and Italian cities. This coin was also popular in the Dutch East Indies and in the Dutch New Netherland Colony (New York). It was in circulation throughout the Thirteen Colonies during the 17th and early 18th centuries and was popularly known as "lion (or lyon) dollar"."" The currencies of Romania and Bulgaria are, to this day, 'lion' (leu/lev). The modern American-English pronunciation of dollar is still remarkably close to the 17th century Dutch pronunciation of daler."" Some well-worn examples circulating in the Colonies were known as "dog dollars".""
Spanish pesos – having the same weight and shape – came to be known as Spanish dólar."" By the mid-18th century, the lion dollar had been replaced by Spanish dollar, the famous "pieces of eight", which were distributed widely in the Spanish colonies in the New World and in the Philippines.""
Adoption by the United States -
Main article: United States dollar -
By the time of the American Revolution, Spanish dólar gained significance because they backed paper money authorized by the individual colonies and the Continental Congress."" Common in the Thirteen Colonies, Spanish dólar were even legal tender in one colony, Virginia.
On April 2, 1792, U.S. Secretary of the Treasury Alexander Hamilton reported to Congress the precise amount of silver found in Spanish dollar coins in common use in the states. As a result, the United States dollar was defined"" as a unit of pure silver weighing 371 4/16th grains (24.057 grams), or 416 grains of standard silver (standard silver being defined as 1,485 parts fine silver to 179 parts alloy)."" It was specified that the "money of account" of the United States should be expressed in those same "dollars" or parts thereof. Additionally, all lesser-denomination coins were defined as percentages of the dollar coin, such that a half-dollar was to contain half as much silver as a dollar, quarter-dollars would contain one-fourth as much, and so on.
In an act passed in January 1837, the dollar's alloy (amount of non-silver metal present) was set at 15%. Subsequent coins would contain the same amount of pure silver as previously, but were reduced in overall weight (to 412.25 grains). On February 21, 1853, the quantity of silver in the lesser coins was reduced, with the effect that their denominations no longer represented their silver content relative to dollar coins.
Various acts have subsequently been passed affecting the amount and type of metal in U.S. coins, so that today there is no legal definition of the term "dollar" to be found in U.S. statute."" Currently the closest thing to a definition is found in United States Code Title 31, Section 5116, paragraph b, subsection 2: "The Secretary [of the Treasury] shall sell silver under conditions the Secretary considers appropriate for at least $1.292929292 a fine troy ounce." However, the dollar's constitutional meaning has remained unchanged through the years (see, United States Constitution).
Silver was mostly removed from U.S. coinage by 1965 and the dollar became a free-floating fiat currency without a commodity backing defined in terms of real gold or silver. The US Mint continues to make silver $1-denomination coins, but these are not intended for general circulation.
Re: "Fiat Currency" -
"The Money Masters series of videos on YouTube are very interesting, but the series lack the most important point made only on this site. Fiat currency is produced pursuant to statutory authority, which in the case of Congress is limited to the territory owned by and ceded to the United States of America. This statutory authority to create a Federal Reserve and Federal Reserve Banking System with private banks arises from a proprietary right to administer the territory owned by and ceded to the United States of America.
Nothing especially the money system will begin to change until a President and a Congress take a written oath to 'to support this Constitution.'
The fact that the Federal Reserve Bank is a private banking system proves that what almost all Americans believe to be democracy or a representative republic is nothing more than the first modern fascist state after the demise of the ancient Roman Republic.
President of the United States Barack Hussein Obama is being called a socialist and a communist, but he is neither. Obama is a fascist dictator(i) like all 43 Presidents of the United States before him. What can be more obvious than the recreation in Washington, D. C. of a modern socialist democracy modeled after the ancient Roman Republic?
Even after 220 years of fascist rules by the Presidents of the United States the American people can still provide better solutions to the current economic problems than all the government employees in Washington, D. C.
The people can put themselves back in power simply by probing the constitutional qualifications for the different Presidents: President of the United States, President of the United States of America and the Office of President. Do you still think that all the Offices of President are the same? Then you should be able to prove it. Can’t? Become a student."
This blog-writer has witnessed psycho-emotional reactions by an adult (with Phd) upon hearing the term "dictator" used in the context of the presidency of the United States; (PoUS) however the standard dictionary definition for the term fascism includes principals of "a centralized autocratic government headed by a dictatorial leader, severe economic and social regimentation, and forcible suppression of opposition": https://www.merriam-webster.com/dictionary/fascism
all of which are current elements in the realm that is under the control of the United States Congress along with the PoUS.
Consequently - "... modern money has become a means for the total confiscation of private property by the government."
October 10, 2019 -
"Our economy must grow to support a money system that requires growth, but is challenged by an energy system that can’t grow, and both of these are linked to a natural world that is rapidly being depleted."
If the truth of the above quote is not immediately obvious to you then the article (linked at ) offers a substantial yet simple sequential logic that can help in understanding the world's economic system-energy-environment matrix that is most definitely rapidly approaching an immanent state of crisis (the threshold of which is apparently being crossed now). None of this has anything to do with conspiracy theories; it's just corporate "business." However, corporations are soul-less fictional entities that have a myopic focus on their bottom line without genuine regard for the full impact of its co-dependency within the "matrix" for its existence.
Only real live people can bring their consciousness into this and hopefully realize that serious errors were made about the idea that corporations are "persons" with rights that either equal or surpass the rights of the people! Only real live people can bring their consciousness into the error of Congress in entering a legal agreement with the private banking cartel in 1919 on a twenty-year schedule the resulted in their default/bankruptcy that put all their assets into collection by the Federal reassure banking system. The time for correction is immediately now! As soon as one realizes the truth of the matter the next step is to get clear about who we are as the American people and what we need to recover in terms of our original self-government as declared in the first Organic Law: The Declaration of Independence and supported by the second Organic Law: The Articles of Confederation.
November 10, 2019 - Continuing With "Corporate Business." -
"Instead of asking why a corporation can speak as freely as a person, perhaps we should ask, 'Why is money considered speech?'”
October 12, 2019 -
"Federal Reserve Notes are not dollars." Assistant General Counsel of the Department of the Treasury, Russell L. Munk."
October 17, 2019 - Moreover -
"...No statute defines - or ever has defined - the 'one dollar' FRN as the 'dollar,' or even as a species of 'dollar.' Moreover, the United States Code provides that FRNs 'shall be redeemed in lawful money on demand at the Treasury Department of the United States * * * or at any Federal Reserve bank.'(i) Thus, FRNs are not themselves 'lawful money' - otherwise, they would not be 'redeemable in lawful money.' And if FRNs are not ev'n "lawful money,' it is inconceivable that they are somehow 'dollars,' the very units in which all 'United States money is expressed.'(ii) ..."
(i) 12 U.S.C. § 411.
(ii) 31 U.S.C. § 5101.
August 31, 2019 - The Real Reasons Why The Media Is Suddenly Admitting To The Recession Threat -
Wednesday, 21 August 2019 By: Brandon Smith
One thing that is important to understand about the mainstream media is that they do tell the truth on occasion. However, the truths they admit to are almost always wrapped in lies or told to the public far too late to make the information useful. Dissecting mainstream media information and sifting out the truth from the propaganda is really the bulk of what the alternative media does (or should be doing). In the past couple of weeks I have received a rush of emails asking about the sudden flood of recession and economic crash talk in the media. Does this abrupt 180 degree turn by the MSM (and global banks) on the economy warrant concern? Yes, it does.
The first inclination of a portion of the liberty movement will be to assume that mainstream reports of imminent economic crisis are merely an attempt to tarnish the image of the Trump Administration, and that the talk of recession is "overblown". This is partially true; Trump is meant to act as scapegoat, but this is not the big picture. The fact is, the pattern the media is following today matches almost exactly with the pattern they followed leading up to the credit crash of 2008. Make no mistake, a financial crash is indeed happening RIGHT NOW, just as it did after media warnings in 2007/2008, and the reasons why the MSM is admitting to it today are calculated.
The media should have been reporting on economic crisis dangers for the past 2-3 years. But, they didn't give these problems much credence until recently. So, what changed?
I can only theorize on why the media and the banking elites choose the timing they do to admit to the public what is about to happen. First, it is clear from their efforts to stifle free discussion that they do not want to let the populace know too far ahead of time that a crash is coming. …central banks and international banks sometimes engineer crash events in order to consolidate wealth and centralize their political power even further. Is it a conspiracy? Yes, it is, and it's a provable one.
When they do finally release the facts, or allow their puppet media outlets to report on the facts, it seems that they allow for around 6-8 months of warning time before economic shock events occur. In the case of the current crash in fundamentals (and eventually stocks), the time may be shorter. Why? Because this time the banks and the media have a scapegoat in the form of Donald Trump, and by extension, they have a scapegoat in the form of conservatives, populists, and sovereignty activists.
The vast majority of articles flowing through mainstream news feeds on economic recession refer directly to Trump, his supporters and the trade war as the primary villains behind the downturn. The warnings from the Fed, the BIS and the IMF insinuate the same accusation.
Anyone who has read my work for the past few years knows I have been warning about Trump as a false prophet for the liberty movement and conservatives in general. And everyone knows my primary concern has been that the globalists will crash the Everything Bubble on Trump's watch, and then blame all conservatives for the consequences.
To be clear, Trump is not the cause of the Everything Bubble, nor is he the cause of its current implosion. No president has the power to trigger a collapse of this magnitude, only central banks have that power. When Trump argues that the Fed is causing a downturn, he is telling the truth, but when he claims that recession fears are exaggerated, or "inappropriate", he is lying. What he is not telling the public is that his job is to HELP the Fed in this process of controlled economic demolition.
Admissions of crisis in the media are coinciding directly with Trump's policy actions. In other words, Trump is providing perfect cover for the central banks to crash the economy without receiving any of the blame. Trump's insistence on taking full credit for the bubble in stock markets as well as fraudulent GDP and employment numbers, after specifically warning about all of these things during his election campaign, has now tied the economy like a noose around the necks of conservatives. The tone of warning in the media indicates to me that the banking elites are about to tighten that noose.
To summarize, the mainstream media and global banking institutions have two goals in informing the public about recession right now - They are seeking to cover their own asses when the next shoe drops so they can say they "tried to warn us", and, they are conditioning a majority of the public to automatically blame conservatives and sovereignty proponents when the consequences hit them without mercy.
As the truth of a recession smacks the public in the face, the media will likely pull back slightly, just as they did in 2008, and suggest that the downturn is "temporary". They will claim it's "not a repeat of the credit crisis", or that it will "subside after Trump is out of office". These will all be lies designed to keep the public complacent even as the house of cards collapses around them. The fact is, the hard data shows that economic conditions in the US and in most of the world are far more unstable than they were in 2008. We are not looking at the crash of a credit bubble, we are looking at the crash of the 'Everything Bubble’.
The pace of the narrative is quickening, and I would suggest that a collapse of the bubble will move rather quickly, perhaps in the next four to six months. …
As in 2007/2008, it is unlikely that the mainstream would admit to a downturn that is not coming soon. Using the behavior of the media and of banking institutions as a guide, we can predict with some measure of certainty a crisis within the economy in the near term. Clearly, a major breakdown is slated to take place before the election of 2020, if not much sooner.
You can contact Brandon Smith at:
October 22, 2019 - "Money is a Commodity"
September 2, 2019 - What Came Down in Jackson Hole -
"Jackson Hole and You" By: Anna Reitz -
“… the Brits have admitted the logical necessity of vastly expanding their already completely insupportable credit bubble in order to keep afloat.
I am reminded of a famous British Naval History saga in which a British ship in a Dutch port laden with a load of manure labeled ‘Ship High In Transport’ was in danger of both sinking and exploding at once.
The danger of sinking was caused by numerous leaks in the planking of the hull and the inability of the bilge pumps to keep up.
The danger of exploding was caused by the increase of methane gas that is released in greater quantities when the manure gets wet.
So here we are at the bilge pumps, both parents working three jobs and at least 60 hours per week trying to keep the family in a house with a roof and food on the table..... and there are the bankers adding to the problem they created and suggesting that more of what caused the problem is what is needed to solve it.
Just let us exponentially increase our debt bubble and keep insuring ourselves with your assets, at your expense, and all will be well.
We'll just float a cashless currency on nothing at all, think up some new Big Words to dazzle the bystanders, and continue to claim that a ‘dollar’ of hot air is equivalent to a ‘dollar’ of silver or a ‘dollar’ of gold or a ‘dollar’ of oil.... and no matter how many ‘hot air dollars’ we issue, we maintain Value Parity.
Here, specifically, is what the Bank of England Governor Mark Carney proposed at Jackson Hole ---- adoption of a ‘Synthetic Hegemonic Currency’ which would be a ‘virtual currency’ ---- that is, nothing but digits on a computer screen, a virtual currency in a virtual reality --- to replace the ‘US’ Dollar, and of course, this completely baseless currency is to be issued ‘without constraint’ by the Central Bankers.
That is, they want to issue as many digits as they like, pegged against your labor and your resources, with no cost to them, no risk to them, and no limit to the credit they propose to extend to themselves and whoever their Cronies may be.
I have a better idea.... but first, back to British Naval History and Adventures in Shipping High in Transit.... the First Mate and the Ship's Carpenter came up with a plan to enclose two side compartments on either side of the main cargo bay and completely seal them with pitch and caulking, and, taking a lesson from hot balloonists, fill these compartments with hot air so as to lift the ship up on both ends and suspend the reeking cargo in between these ‘Elevation Chambers’ long enough to get the cargo ashore.
Sort of similar to the ‘Synthetic Hegemonic Currency’, don't you think?
The use of such air bladders to perform a variety of repairs at sea was, at the time, the very latest in naval technology back then, just like cyber currencies are the latest financial technology now.
The bankers are taking up a practice they learned during the New Deal, and which is clearly stated in the 1934 Emergency Banking Act. The Perpetrators just arbitrarily declared that their paper ‘dollar’ would be equivalent to an American Silver Dollar at a one-to-one fixed Exchange Rate.
This allowed them to exchange paper for silver for the cost of printing--- and do this on an endless basis, at least, until the American Silver ran out.
Now they propose to exchange mere digits in a computer ledger for a ‘hegemony’ of actual, factual commodities, including silver, gold, water, wheat, rice and what-have-you.
They are saving themselves even the printing costs of their scam and broadening the scope of commodities they can steal to promote it.
This is how ‘the US’ ran up a $23 trillion dollar National Debt. A very real, very factual debt owed mainly to the Americans and plus another $4 trillion secondarily owed to the Chinese.
Unfortunately, the rest of us are not asleep and not trusting the bankers this time around, so the idea that we should allow them to run up an infinite debt against us and keep all the profit for themselves causes a rising gorge reaction and a natural desire to hang them as pirates without the necessity of a trial.
Just the fact that Mr. Carney would dare to voice such a prospect is indicative of his utter arrogance and disrespect for both the common sense of the issue and the people he is proposing to rob.
We do have laws on the books that allow us to hang pirates.
Back to the Dutch Port and the S.H.I.T. problem.... the British sailors risked life and limb to carry out the plan and pump hot air into the Elevation Chambers, but the additional buoyancy was not sufficient and the effort to off-load the cargo to Dutch Farmers was not proceeding fast enough.
The Dutch Farmers had heard about the problems on board the ship and were familiar with what happens when you have wet manure in an enclosed space. Despite drastically reduced prices, they were not eager to come close enough to collect the manure off the ship.
So, there the British seamen sat, waiting to sink or blow up. Then as now.
The frantic Dutch Harbormaster implored his Government to do something to get the British dung scow away from his pier and towed out of the harbor to no avail. ‘What are the British doing exporting manure anyway? Certainly they need it for their own fields!’
Some Members of Parliament, disturbed by the odor of a neighboring pig farm too close to the noble nostrils, came up with the scheme.
Ah, well..... history repeats itself. And now you know why the EU is so mad at Britain. The Brits caused the problem, hauled their manure over to the Continent, and now propose to depart via a different route home, leaving ‘the problem’ docked in Brussels and Berlin and as much as possible, Rome.
The fact is that they have created a completely insurmountable Odious Debt and they all know it, but nobody is willing to take the paper loss. They would rather off-load their problem onto the backs of the working people and the productive sectors of the economies of the affected countries, which is basically all of the Western World.
This is also why they all have such a problem with Donald Trump. He has other options and a belief (borne out by actual prior experience) that energizing the manufacturing and productive capacities of our country will expand the economy.
If need be, the issuance of an ‘executive’ national currency like Lincoln's Greenbacks or Kennedy's intended Kennedy Dollars, could be used to raise money for broad spectrum re-investment in fundamentals that would put people back to work, maybe even kick start a General Employment Program to hire people off the unemployment and welfare rolls to do work similar to the Depression Era Work Projects Administration.
Even more ‘destructive’ from the standpoint of people like Mark Carney, Trump might even fire the Federal Reserve and establish a new National Central Bank.
Yes, Mr. Carney and the Bank of England are envisioning Banker Paradise; I trust that we are all ready and willing to send them to Heaven or elsewhere, using other means.
It's time for these banks to be taken over and nationalized. All of them. Beginning with the Federal Reserve and the Bank of England.
It's a hot day. The Captain and First Mate and Ship's Cook and Ship's Carpenter have disappeared in the night. Some lost-looking British sailors have begged places to stay with generous prostitutes, until they can find another ship. The reeking, slowly sinking old British ship rides against the pier. The Harbormaster despairs.
Ironically, the Elevation Chambers are keeping the old wreck barely afloat, which increases the chances of a catastrophic explosion. There's no way to tow the wreck out to sea. The only possible ---and relatively fortunate outcome, would be if the ship just sank, straight down, beside the pier.
After a few years the cargo would naturally degrade and except for the loss of pier space in the harbor and occasional noxious bubbles of methane breaking the surface, all could be endurable. In time, the Harbor Master muses, there could be a dredging operation using cranes and pulley systems and winches to remove the wreckage. Things could get back to normal with nobody getting killed and no great physical damage to the harbor.
Acting upon this inspiration, the Harbormaster pays exorbitant sums to men willing to go below the water line on the old ship, and, with bits and braces, bore holes through the rotten planking on the hull, hoping to speed the ingress of seawater and sink the ship and its cargo beside the pier. He sets up pumps to pump seawater into the ship toward the same end. He even risks his own life to go aboard and open up the Elevation Chambers.
All to no avail. The old British ship stays stubbornly afloat, if only on a crust of barnacles. It is sinking slowly, but the amount of methane is increasing every hour.
The G7 can and will do nothing, because they are in debt to these Looters called Bankers. The only people who can help them out of the jam they are in, are the same people they have plundered, pillaged, and defrauded for a hundred and fifty years.
You see the problem?
Finally, one hot evening in August, the Harbormaster clears the harbor. He hires an expert archer with a crossbow to shoot a flaming arrow into the wreck. The resulting explosion is heard in Paris. The Dutch pier is badly damaged. The British Government refuses to pay for it. The Dutch Government passes laws against British manure imports.
How soon we forget.
Now, this is a somewhat funny story, but the situation is desperate. We absolutely cannot let the Bankers get away with what they are proposing. And the U.S. Congress which is insurmountably in debt to these same bankers cannot be allowed to act ‘for’ us in this matter. It is imperative that Americans wake up, assemble their States, and do their own mop-up.
Run, don't walk ---- go to www.TheAmericanStatesAssembly.net and learn more.
It is also imperative that President Trump be supported in his efforts and that he supports us. Come what may, he has stayed the course and continues to make progress against the Swamp.
The New York Federal Reserve CEO has threatened Trump with having to take the risk of an economic and financial meltdown right around election time---- ironically, a risk that the Federal Reserve and IMF have created --- if he continues to spar and bargain with China.
This is because China has nailed the Fed for its debts to China. The Federal Reserve wants us to be stripped naked to pay its debts to China. And God forbid when the Americans wake up, because the Fed owes us roughly five times what it owes to China.
Do you notice all the British Corporations upping anchor and beating for home? BP just sold off all its interests in Alaska. Care to take a guess why? Because the Brits are afraid that we will find our compass and cajones and nationalize everything they claim to own.
But heck, we can do that anyway, no matter where they roam or what name they adopt. The world has become a smaller place. It's no longer possible for them to just disappear over the horizon and escape the consequences of their actions.
An end to the British manure trade is infinitely preferable to the solution proposed by Mr. Carney. …”
Manure: In the 16th and 17th centuries, everything had to be transported by ship and it was also before commercial fertilizer's invention, so large shipments of manure were common.
It was shipped dry, because in dry form it weighed a lot less than when wet, but once water (at sea) hit it, it not only became heavier, but the process of fermentation began again, of which a by product is methane gas. As the stuff was stored below decks in bundles you can see what could (and did) happen.
Methane began to build up below decks and the first time someone came below at night with a lantern, BOOOOM!
Several ships were destroyed in this manner before it was determined just what was happening.
After that, the bundles of manure were always stamped with the term "Ship High In Transit" on them, which meant for the sailors to stow it high enough off the lower decks so that any water that came into the hold would not touch this volatile cargo and start the production of methane.
Thus evolved the term "S.H.I.T " , (Ship High In Transport) which has come down through the centuries and is in use to this very day."
May 18, 2019 - The Banking Game - By Anna Von Reitz
Pretend that you are ten again. You and your little playmates are out on the playground or roaming the neighborhood after school and you decide to play a game. It's called "Banking".
So you choose one of your friends to be "The Banker" and you all agree that he can cut up pieces of construction paper and stamp them with his "Special Stamp" and put spots on the pieces of paper --- 1 Spot, 5 Spots, 10 Spots, 20 Spots, and so on.... and from then on, you will all have to use this "Money" and you will have to give pieces of this Money valued at "20 Spots" to another playmate playing the role of "The Government" if you want to access the playground equipment in the school yard.
If you don't have enough of The Banker's Money to give to your pal playing The Government, you can't swing on the swings or play on the monkey bars or slide down the slide anymore, because you are "too poor".
It should be obvious that all that has really changed is that by your own agreement, you are now stuck paying for something that was always free before.
After a couple weeks, almost all the "Money" that The Banker created is gone. It is being hoarded by a few rich guys, so he has to make more "Money" to keep the game going. This means buying more construction paper, getting another rubber stamp, and hiring a couple Law Enforcement Officers to help The Government restrict access to the playground and make sure that those who don't pay don't get to play.
Some of you are already too poor to ever get into the playground anymore, so you just hang around and kick cans. Some of you earn enough Spots to go to the playground when you want, but it isn't as much fun at 20 Spots an hour. By the third week of this, everyone hates The Banker and The Government and a rebellion is brewing.
This is all really dumb, right? Why should you need The Banker's Money to play in your own playground? And who needs The Government, except for the Banker, who is using The Government to force everyone else to use his Money?
Pretty soon, the Banker has hired four more Law Enforcement Officers, two Soldiers and a General.
Now, instead of just using his Money to gain access to the playground, they are charging you five Spots to get a drink at the water fountain, ten Spots to use the bathroom, and fifty Spots a week to rent a locker at school.
Soon, you are being charged to access anything and everything. By Christmas, The Banker and The Government are insisting that you buy a License to enter the Lunch Room.
You are being run ragged, just trying to keep up and keep functioning. Your Lunchroom License has to be renewed every three months, and if it isn't, the Law Enforcement Officers sneak up on you, beat you up, and lock you in a closet.
Forget about ever being able to go the playground again.
You are struggling just to eat and buy yourself a little peace.
One day as you are locked up in the closet wondering what went wrong, and worried about the "Air Tax" that The Banker and The Government are discussing (yes, they want you to pay them for breathing the air) --- you stop and you think --- WT?
This "Money" is just construction paper with a stupid stamp on it.
You knew The Banker when he was just ugly little Joey Pilsnik.
You knew The Government when he was just Tom Tucker.
What went wrong? You started playing a stupid game. It got out of hand. Now, as you look around, everyone is running in circles. They all actually think that Joey's "Money" has value.
They believe they need his Money to go to the bathroom and to buy licenses to brush their teeth and licenses to enter the Lunch Room and Rental Agreements to rent a Locker and User Fee Cards to drink water---- and if they don't pay, what's to keep the LEO's from beating them up? Some of the kids even think they have to pay the "Air Tax" so they can continue to breathe.
And if they can't pay, then what?
You look around and the world looks dismal. The playground is empty. Nobody can afford to play anymore. You are all kept too busy scrounging for some of Joey's Money. And there is a pall of fear over everything, a sense of dread. What happens if you can't come up with another thousand Spots a month to pay the Air Tax?
Wake up, wake up, everybody. Do you now recognize what this is? What's going on? And who is doing it do you? Maybe you should get a huge crowd of outraged kids together and go confront Joey Pilsnik.
You know what he's going to say, don't you?
"Hey, you all chose me to act as Banker. You set up this game, not me!"
And you actually feel kinda sorry for him, because he is sweating like a dog, all ink-stained and miserable and scared looking, because he can't keep up with demand for his "Money", but the more he prints, the less it is worth, so the prices of everything go up, up, up.....
So you go to The Government, Tom Tucker, and he blinks in his bovine fashion and says, "It's not my fault! You elected me and told me we were playing this game..... You guys put me in office, and it's not much fun."
So next you and your crowd of Oppressed Pre-Teens take your tennis rackets and baseball bats and turn on the LEO's and the Soldiers and the Generals that Joey hired as his Enforcers, and they do much the same thing. They stare at you like you are crazy and they say, "I dunno who is in charge of this madhouse. I just work here. I just follow orders...."
So there you are, standing around looking at each other.
You are all miserable, mad to the bone, you feel like the quality of your life has been sucked dry, yet the Ticker Tape is running and your "National Debt" is mounting by the hour and somewhere in the back of your mind someone is saying, "How are you ever going to pay this?"
Joey is miserable and Tom is unhappy and you can see that the LEOs and Soldiers and Generals don't have a clue. There doesn't seem to be anyone in charge and nobody to blame. Nobody but you, and you're a victim, too.
Lord in Heaven, what a mess!
Everyone is miserable or confused or both, with no end in sight, nothing making sense..... until.....unless.....we all just wake up and realize that it was our agreement to play this game that caused all this, that it isn't a fun or fair game to play, and that nobody really benefits from it.
Even the Rich Guys are reduced to blithering idiocy, worried sleepless about all the digits flashing on all the screens everywhere.
No wonder Our Father has promised to hit the reset button. Our puny little brains are overcome. We've fallen and we can't get up. We rush around from Pillar to Post, thinking, well, if Joey's Money won't work, maybe Mikey's Money will? Mikey's Money is made of metal instead of paper, so that has to be better, right?
No.... well, then what? Oh, cyber currency to the rescue! All we need is "Bits" instead of "Spots" and everything will be all right?
We've painted ourselves into a corner. We've become dependent on a delusion and we simply can't imagine a world without money and yet, when you step back, you realize that "Money" doesn't exist. And all this misery and all this striving and all this worry and all this work is about what?
Nothing but our agreement to play this game.
That, and our delusional belief that it is necessary.
We could just decide to stop playing The Banking Game. Think about that.
May 9, 2019 - Through the amazing maze of all our "monies": Federal Reserve notes, "lawful money" vs. "Lawful Money", United States Silver Dollars, United States Notes, "legal tender", gold or silver, "Money of Account", credit, I.O.U., and Actual Money!
"Lawful" in What Sense? - By Anna Von Reitz
This morning I have had a rash of emails and calls from people who have gone to their banks and issued their demand for their accounts to be "denominated" in "lawful money". In return, the bankers are offering them a classic Bunko excuse. To quote directly:
"In 1933, Congress changed the law so that all U.S. coins and currency (including Federal Reserve notes), regardless of when issued, constitutes "legal tender" for all purposes. Federal and state courts since then have repeatedly held that Federal Reserve notes are also "lawful money." Milam v. U.S., 524 F.2d 629 (9th Cir. 1974), is typical of the federal and state court cases holding that Federal Reserve notes are "lawful money." In Milam, the United States Court of Appeals for the Ninth Circuit reviewed a judgment denying relief to an individual who sought to redeem a $50 Federal Reserve Bank Note in "lawful money." The United States tendered Milam $50 in Federal Reserve notes, but Milam refused the notes, asserting that "lawful money" must be gold or silver. The Ninth Circuit, noting that this matter had been put to rest by the U.S. Supreme Court nearly a century before in the Legal Tender Cases (Juilliard v. Greenman), 110 U.S. 421 (1884), rejected this assertion as frivolous and affirmed the judgment."
My students have long ago learned to pay attention to exactly how words are presented --- how they are capitalized or not --- and also to look up legal meanings of words. The word "lawful" is not capitalized and when you look up the meaning of "lawful" it is simply whether or not something is subject to a system of laws.
Nobody would argue that Lincoln's Greenbacks or the present Federal Reserve Notes are not subject to a system of law --- and therefore can be described as "lawful money" even though they are "legal tender", but at the same time Legal Tender is not Lawful Money, as in actual money.
Legal tender of the Federal Reserve Note kind is called "Money of Account" --- meaning credit --- for a reason. The reason for that is that the actual asset backing it, is not present. So credit is being extended in the belief that there is an actual asset, something of value, backing the "Note" which is in fact an I.O.U.
In the case of Lincoln's Greenbacks, they were being backed by Treasury Bonds issued to investors who brought in actual gold and silver to purchase the Bonds for a period of 10 or 40 years (the origin of the "1040" Form) with the expectation that after that time period elapsed, the bonds would "mature" and the banks would pay out the principal plus interest also in gold or silver.
Instead what happened is that the banks issued "legal tender" -- that is, credit as repayment, and there was a mini-rebellion in the 1880's when investors in the original Treasury Bonds objected to receiving "credit" instead of actual gold or silver as their reward for buying Lincoln's "Ten or Forty" Bonds.
Issuing credit, as we have learned, actually costs the banks nothing actual and factual, so they take in gold and silver and extend "credit" as "legal tender" and stand there acting as if this is a legitimate and equitable transaction when it clearly is not.
The US Supreme Court stooped to the level of using "words and terms of art" to create an appearance that it was all okay -- "lawful money" as opposed to "Lawful Money" --- but it still isn't okay and credit is still not the same as actual money.
Actual money has value as a commodity in and of itself. Gold and silver are "Lawful Money" because you can sell both in the marketplace as separate, free-standing commodities. United States Notes are also "lawful money" backed by oil assets. To avoid this bit of legal charlatanism, call it "actual money" or "Lawful Money" and explain it to the banks if they question your demand for "Lawful Money".
In fact, the demand for "lawful money" in the context of 12 USC 411 already tells the banks that any "notes" that they credit to your account need to be "denominated as "United States Notes" not "Federal Reserve Notes" because in the context of 12 USC 411 that is the only interpretation possible, unless of course, the banks want to start backing their credit with totally foreign currencies.
In the United States at this time, the only "Notes" that stand as "lawful money" are "United States Notes".
This is because (1) the Federal Reserve Board bankrupted the "Federal Reserve System" in 2009 and (2) since then, the Federal Reserve Banks have not stood behind the Federal Reserve Notes with any assets of their own at risk and (3) this leaves the "Federal Reserve Notes" backed by the "good faith and credit" of the members of Congress acting as the Municipal Government of Washington, DC ---- and you can judge for yourselves what that is worth.
United States Dollars issued since 1971 have been backed by oil, instead of gold or silver and "United States Notes" therefore are being backed by oil. United States Notes are "lawful money" -- that is, credit notes backed by actual assets --- but they are not Lawful Money, that is, not Actual Money, in that they have no value as a commodity in-and-of themselves.
So don't let the banks baffle you with BS on this issue.
The only US money that can be considered "lawful" money in the sense of the Legal Tender Cases are United States Notes --- USN's. And the only US Money that can be considered true Lawful Money are United States Silver Dollars.
Now, the banks don't have any United States Silver Dollars (and aren't set up to handle them if they did) and they most likely don't have enough United States Notes to meet demand, either, so what they can do is to "denominate" the digits associated with your account "as" United States Notes.
This basically means, "We don't have enough United States Notes to pay you in USN's, but we can admit that these digits in your account are considered to be United States Notes."
Why would that matter? Because United States Notes have value based on an actual commodity and are then presumed to be actual assets belonging to the account holders. They can't be seized by the bank because of that little fact and also the fact that USN's are issued by the United States, not the bankrupted Federal Reserve System.
When the BATF used to go on "raids" and ransack people's homes under gun-point for the IRS and steal everything of any value, they would seize any jewelry or stock certificates, records, checks, ---anything of value--- except American Silver Dollars. Those they would never touch. Why? Because their system can't deal in actual true Lawful Money and because those dollars were issued by a foreign government. Those dollars belong to the actual United States, not "the" United States.
So when you are dealing with these dishonest devils, be aware and be on your guard and don't let them sidestep or deceive you. Step back on your heel and ask, "Lawful money in what sense? I am talking about United States Notes instead of Federal Reserve Notes. What are you talking about?"
And when they bridle up, knowing that they've been caught in their offered subterfuge, you might step back another step and eyeball the guilty parties and say, "The reference to 12 USC 411 makes that clear enough in context, doesn't it? The Legal Tender cases you are referencing concerned Lincoln's Greenbacks, for goodness sakes! Since when do you or I trade in Greenbacks?"
Or even more pointedly, smile ingratiatingly and say, "Oh, but then, which "United States" would you be referencing? The actual United States? Or the United States Territorial Government? Or the United States Municipal Government?"
About then, the banker is going to realize if he hasn't already, that he is not going to get away with this bunko act, and should retreat back into his office, where he should hurriedly add the USN designation to your account balances.
The bottom line is that you prefer money backed by oil to money backed by the hot air of the dishonest, spendthrift, run amok "US CONGRESS" and it is up to you to make sure that your local bankers get the message and credit your accounts accordingly. It's your credit. If you want lawful money, they have to provide it or go out of business.
Every time you do so, more of the "US National Debt" gets paid down. More jolly good. See to it. And don't let bankers or lawyers sell you (1) wooden nickels or (2) bunko excuses.
Was thinking of the main subject matter of the above article by Anna earlier today and imagined making a group presentation for the purpose of identifying the fraud of designating Federal Reserve Notes (FRNs) as "dollars" since the dollar is Lawfully identified as a measure of real money i.e. gold/silver. On second thought (after reading Anna's) if we think of the FRNs as "notes" and not actual dollars then if there is fraud it is in the backing of the note and not necessarily the note itself however "the backing" is part of the note and there is no gold/silver backing the FRNs! Any way that this writer looks at it - FRNs are a fraud!
October 11, 2019 - Inspiration for a Presentation on "Money." -
The quintessential idea is to identify "The Powers" that made "The Dollars." First "Power" appears to be a combination of The Constitution of September 17, 1787 plus the written stipulation as to the term "dollar" as a weight measurement of either gold or silver which the afore mentioned "Constitution" declared as money saying: "No State shall ... make any Thing but gold and silver Coin a Tender in Payment of Debts."
October 3, 2018 - Each "Individual Was a Victim of His Own Ignorance About The Law" -
Losing the Law -
"Between 1868 and 1933, the 14th Amendment had little affect upon the general population. This was because the people still controlled the substance of their law. That is, the only people affected by the 14th Amendment relation during this time were those that held licenses and contracts with the government of the United States or were in its employment. It was not until June 5, 1933 that the 14th Amendment took on a whole new power. On that date H.J.R. (House Joint Resolution) 192 was passed and the American people voluntarily gave up their Law because they voluntarily gave up their gold.
That is correct, the people voluntarily gave up their Law. To read the history just after that time and talk to people who lived through it, they will tell about the government agents who came around to confiscate the gold that was in the possession of the people. It appeared from what took place that the people were forced to give up their gold. However, that is not what could have happened. Going along with the 'Public Policy' of HJR 192 was actually a voluntary act – 'and is mutable at will.' Thus the individual was a victim of his own ignorance about the Law. ..." 
June 19, 2018 - "... we’re all well-served to remember that the Fed is a privately owned corporation ...
... that does not exist to serve the American people. It exists to enrich the private banks that own it. So when all is said and done, it doesn’t even particularly care what the effect of its policy decisions are for anyone else, so long as it keeps getting paid to print money for the federal government.
It’s one of the single greatest scams of all time, operating in plain sight. We’ll see which particular deck chairs the Fed chooses to shuffle this time, as the Titanic that is the US fiat currency system encounters ever-more-hostile waters en route to its own dilutive grave. ..."
May 23, 2018 - Heads Up!
Before a recession is declared it takes two consecutive quarters of economic retraction. That means it will be about six to nine months later when a recession gets publicly declared. Now there is a huge discrepancy in the current credit reports that has to be made up however it is unknown whether it might correct itself in the next month or two.
April 4, 2018 -
"Banksters rigged the game and deliberately created mortgages which were 'designed to fail.' They granted loans to anyone, and if the borrower didn’t qualify, bank employees were instructed to falsify the loan application as validated through their sworn testimony in mortgage-backed securities lawsuits. These deceptive maneuvers lured millions into the Banksters trap while they inflated the real estate bubble by artificially keeping interest rates low, and loans, easy to obtain.
While the banks were busy obtaining loans, Wall Street was busy luring investors into their Ponzi scheme selling them mortgage-backed securities.
Once the borrowers and investors were entrapped, the stage was set for the next phase of the Banksters scheme: The Fed raised interest rates 14 times between 2004-2007.
The result? Higher mortgage payments for sub-prime borrowers who could not afford the now much higher payments which triggered mass defaults. These defaults, coupled with high unemployment, then began to trickle up to borrowers with a great deal of equity in their homes, whose value was now in a death spiral as foreclosures increased and values plummeted.
Next, the Banksters blamed the financial crises in Greece, Spain, Italy, Iceland and Ireland on its citizens who they characterized as living like lazy kings off the government with weeks of paid vacations, free health care....etc.
But the truth is, the investors in these countries made the mistake of trusting the morally corrupt thieves at Goldman Sachs and bought 'low risk AAA-rated' mortgage-backed securities containing mortgages which were designed to fail and did just that thus catalyzing the loss of pension funds and bankrupting countries around the world.
The icing on the cake? Goldman and its cronies never bothered to deliver the mortgages to the investors, which by law they are required to do... Instead they kept them, copied them and resold them multiple times to other investors! But only after monetizing them at the Fed for 10x their value, ledgering the debt on the public side of their books and the asset, on the private side!
Before the public had the chance to 'connect the dots' and recognize the diabolical nature of their scheme, the Banksters had seized Trillions of dollars and created such irreparable chaos in the economy, no one would be capable of unraveling their complex scheme... thereby granting them plausible deniability... "
October 2, 2018 -
“'Most of mankind’s strife comes from government — government slows down an economy, overregulates it, and taxes productive individuals and companies and then transfers that wealth to someone else.'
Mike (Maloney) explains that government causes a 'loss of economic energy,' the very thing that creates prosperity. If you don’t engage in a voluntary transaction, less prosperity is created.
Economic freedom measures show free people live 20 years longer than those in less free countries
Nationalizing and trying to make everyone equal takes everyone down, not up. ..."
June 26, 2018 - Early "Money" and The Periodic Table -
"All we need is a periodic table and a big red marker pen. First of all, we can remove all the gases. Obviously, we can't use things like hydrogen or argon as money. Next, we can remove elements such as calcium and sodium, which dissolve in water. And also anything that reacts with air, whether it corrodes or burst into flames, neither of which is a suitable thing to keep in your pocket. Then, of course, we need to eliminate anything radioactive because well, quite simply, you don't want your money to kill you. And perhaps surprisingly, that disqualifies 38 elements. Now if you've been keeping up, that leaves us with just five so-called precious metals, gold, silver, rhodium, platinum, and palladium. Neither rhodium nor palladium were discovered until the 18th century, so that rules them out as early money. And the problem with platinum is its melting point of around 3,000 degrees Celsius, which was far out of reach of mankind's earliest furnaces. All that leaves us with gold and silver. And it was these two precious metals, which mankind adopted as both stores of value and mediums of exchange."
April 14, 2018 - An Example of the "New Thinking" -
A New Standard of Value -
“Money is the barometer of a society’s virtue. When you see that trading is done, not by consent, but by compulsion…when you see that in order to produce, you need to obtain permission from men who produce nothing…when you see your laws don’t protect you against them, but protect them against you…when you see corruption being rewarded and honesty becoming a self-sacrifice…you may know that your society is doomed.” - Ayn Rand, Atlas Shrugged -
"At the Free Lakota Bank, we issue, circulate and accept for deposit only AOCS Approved Silver currencies and other .999 fine silver bullion. Silver is a store of value, an equivalent of wealth produced. Paper is a mortgage on wealth that does not exist, backed by a gun aimed at those who are expected to produce it. Since we deal only in what we consider to be real money, we do not participate in any fractional reserve looting schemes.
The Lakota Indian Nation considers paper money to be the root cause of most injustice in the world. Objective money, currency minted from gold, silver and copper, can’t be artificially created and loaned into circulation. Its high acquisition, refinement and production cost limits the speed at which it enters the marketplace. The very nature of the work required to place it into circulation helps establish its value in the marketplace. Over many generations, however, the true understanding of what money really is has degraded from “an equivalent of wealth produced” to our present-day “legal tender”. Governments today, subservient to international banking conglomerates, inflate paper money supplies, manipulate interest rates, and stimulate circulation of their currency through taxation and force. So long as merchants, business owners and traders are willing to accept and circulate the valueless currency, the world will continue to be plagued with our modern form of slavery. Servitude can only be ended by producers demanding payment for their goods and services in real money."
December 11, 2017 - Forbes Magazine: 21 Trillion Missing from U.S. Treasury -
Posted on December 10, 2017 by Ann Kreilkamp at Exopermaculture -
Missing Trillions -
Forbes magazine just yesterday became the first major media to blow the lid off of $21 trillion that have gone missing from the US treasury. The entire article is copied below. To give an idea of how much money that is, if you divide the entire US population of around 325 million into $21 trillion, the amount missing is equivalent to $65,000 for every man, woman, and child in the country.
CBS News in 2002 was the first to report on the much smaller amount of $2.3 trillion missing from the Pentagon, as acknowledged by then Secretary of Defense Donald Rumsfeld in a report on the Dept. of Defense website. Rumsfeld’s report was later strangely removed from the website, but is still available on the Internet archive.
No other media picked up on this mind-blowing story. What should have been a top headline-grabbing story of highest concern to all Americans was simply dropped. Since then, a few major media have published isolated articles on missing trillions, as summarized on this revealing webpage, yet again, these stories were not given the top headlines they deserved. They thus attracted little notice and were dropped, so the public remained uniformed of this concerning news.
A courageous former Assistant Secretary of Housing and Urban Development under George H. W. Bush by the name of Catherine Austin Fitts couldn’t believe this vitally important story was being largely ignored by the media. An incredibly sharp economist who once served as managing director of the Wall Street investment bank Dillon, Read & Co, Fitts researched further and has been reporting regularly on the many trillions missing on her highly informative and inspiring website solari.com. The media has conspicuously avoided her detailed work on this.
Michigan State professor of economics Mark Skidmore discovered the excellent work of Fitts several years ago. He couldn’t believe Fitts claim that $6.5 trillion were missing from the US government. Thinking she had mistakenly written trillions instead of billions, he and his graduate students sifted through thousands of US government reports and were astounded to find not only that Fitts was right, but that the amount was even greater that Fitts had thought.
Skidmore eventually worked together with Forbes magazine contributor Prof. Laurence Kotlikoff of Boston University to compose the below article blowing the lid off this huge cover-up of $21 trillion gone missing from government coffers. Note that once certain officials saw Skidmore exposing this, the government removed many of the incriminating documents from their websites. But he wisely had downloaded all of the documents and has reposted this incriminating information on the website of Fitts on this webpage.
You can help to inform the public of this huge cover-up by spreading this news to all of your friends and colleagues. It’s time for us to join in demanding full transparency on how our tax dollars are used and to expose the major corruption taking place. See the “What you can do” section below the article for more ways you can make a difference. Thanks for caring. Together, we can build a brighter future for us and our children.
With best wishes for a transformed world,
Fred Burks for PEERS and WantToKnow.info
Former White House interpreter and whistleblower
December 9, 2017
Note: Watch Prof. Skidmore discussing this astounding news in this interview.
Has Our Government Spent $21 Trillion Of Our Money Without Telling Us?
By Laurence Kotlikoff
Forbes magazine, Dec 8, 2017
I am co-authoring this column with Mark Skidmore, a Professor of Economics at Michigan State University.
“No Money shall be drawn from the Treasury, but in Consequence of Appropriations made by Law; and a regular Statement and Account of the Receipts and Expenditures of all public Money shall be published from time to time.” ~ Article I, Section 9, Clause 7, The US Constitution
On July 26, 2016, the Office of the Inspector General (OIG) issued a report “Army General Fund Adjustments Not Adequately Documented or Supported”. The report indicates that for fiscal year 2015 the Army failed to provide adequate support for $6.5 trillion in journal voucher adjustments.
According to the GAO’s Comptroller General, “Journal vouchers are summary-level accounting adjustments made when balances between systems cannot be reconciled. Often these journal vouchers are unsupported, meaning they lack supporting documentation to justify the adjustment or are not tied to specific accounting transactions…. For an auditor, journal vouchers are a red flag for transactions not being captured, reported, or summarized correctly.”
(Note, after Mark Skidmore began inquiring about OIG-reported unsubstantiated adjustments, the OIG’s webpage, which documented, albeit in a highly incomplete manner, these unsupported “accounting adjustments,” was mysteriously taken down. Fortunately, Mark copied the July 2016 report and all other relevant OIG-reports in advance and reposted them here. Mark has repeatedly tried to contact Lorin Venable, Assistant Inspector General at the Office of the Inspector General. He has emailed, phoned, and used LinkedIn to ask Ms. Venable about OIG’s disclosure of unsubstantiated adjustments, but she has not responded.)
Given that the entire Army budget in fiscal year 2015 was $120 billion, unsupported adjustments were 54 times the level of spending authorized by Congress. The July 2016 report indicates that unsupported adjustments are the result of the Defense Department’s “failure to correct system deficiencies.” The result, according to the report, is that data used to prepare the year-end financial statements were unreliable and lacked an adequate audit trail.
The report indicates that just 170 transactions accounted for $2.1 trillion in year-end unsupported adjustments. No information is given about these 170 transactions. In addition many thousands of transactions with unsubstantiated adjustments were, according to the report, removed by the Army. There is no explanation concerning why they were removed nor their magnitude.
The July 2016 report states, “In addition, DFAS (Defense Finance and Accounting Service) Indianapolis personnel did not document or support why DDRS (The Defense Department Reporting System) removed at least 16,513 of 1.3 million feeder file records during the Third Quarter.”
An appendix to the July 2016 report shows $2 trillion in changes to the Army General Fund balance sheet due to unsupported adjustments. On the asset side, there is $794 billion increase in the Army’s Fund Balance with the U.S. Treasury. There is also an increase of $929 billion in the Army’s Accounts Payable.
This information raises additional major questions. First, what is the source of the additional $794 billion in the Army’s Fund Balance? This adjustment represents more than six times appropriated spending. Second, do these transfers represent a flow of funds to the Army beyond those authorized by Congress? Third, were these funds authorized and if so when and by whom? Fourth, what is the source of these funds? Finally, the $929 billion in Accounts Payable appears to represent an amount owed for items or services purchased on credit. What entities have received or will receive payment?
Note: The above article is copied from the Forbes magazine website on this webpage. Watch Prof. Skidmore discussing this astounding news in this interview.
June 28, 2018 - "Money has tremendous power over human beings’ inferior nature. ..."
September 29, 2017 -
"In God we trust" on federal reserve notes originated as "... an expression of trust exclusive of government" - and "... that we choose to trust God and not any king or government. It meant that we recognized that God created man with unalienable Rights and man created government under him with no Rights and limited authority. For government to presume any authority above Man is inverted reasoning and false presumption."
When confronted with a governmental agent one could ask: "do you know the limitations of your authority?" If it is an agent who is operating under authority of the "United States" then the limitations include the proprietary limits of land, territory and other property owned by the United States federal government. Is the confrontation occurring on such property? Earlier I watched a video of confrontation by border patrol some number of miles from the border on the u.s. of A side and (IMO) the above two questions could very well be applied in those kind of locations.
"In the United States neither paper currency nor deposits have value as commodities. Intrinsically, a dollar bill is just a piece of paper, deposits merely book entries. Coins do have some intrinsic value as metal, but generally far less than their face value.
What, then, makes these instruments — checks, paper money, and coins — acceptable at face value in payment of all debts and for other monetary uses? Mainly, it is the confidence people have that they will be able to exchange such money for other financial assets and for real goods and services whenever they choose to do so."
January 28, 2015 -
The history of money goes back to when Kings were bankers who used temples as their banks where people then exchanged their gold for clay tablets! The ancient system continued and is noted in the bible. However, misunderstanding has predominated scriptures such as "render unto Caesar"
In the u.s. of A since the early 20th century the Federal Reserve System (private banking cartel) has issued paper (rather than clay tablets) in exchange for gold and silver deposits in their temple/banks. Although the system appeared to start out honest (based on honest weights and measures) it gradually degenerated to the point where the paper was no longer backed by real money (i.e. gold and silver coin). Consequently we have seen great depressions and other depressing financial events on top of a "national debt" (because Congress "borrows" federal reserve notes from "the fed" rather than issue its own notes) plus an interest that keeps the "United States" in financial bondage to the private banking system. There are virtual libraries of truth-revealing accounts of this at your internet fingertips!
The damaging impact that this system has (known as debt virus) should alert every thinking individual as to what can we do about this financial bondage. There are some developments in the works both locally and internationally. More developments can be expected however more individuals need to think about this.
I have given the situation considerable thought a number of times over the course of four decades. I am confident that the resolution (miracle, healing, transformation, etc.) requires us to live in community. Although the ideas of self-supporting communities (ecovillages, co-housing developments, etc.) have been increasingly manifesting over the last five decades - more ideas are needed to further develop our self-sufficiency. In particular many communities depend on the debt-based monetary system although a number of these have reduced their dependency. I am confident that the former dependency not only can be eliminated - it must be eliminated to free us of the insidious "debt-virus".
I see a first principal behind the imperative to relinquish the system. It is the need to reclaim our self-government. We lost the last traces of our self-government with the installation of the private banking cartel known as "the federal reserve system" that was "legally" (but not truly Lawfully) established through the Federal Reserve Act in 1913. The second principal is to reclaim our "gold" and in support of our first principal of self-government.
November 2, 2018 - Re: The Great Depression -
The following is Anna's "comment" on an analysis of FDR's speech of March 4th, 1933 -
Comment: each and every single one of the words appearing in purple are special legal terms and words of art having particular meanings and implications that no eighth grader on Earth could be expected to know.
What he basically said in "Federal-ese" is that he was going to conscript everyone, seize upon their lives and property as "gifts", "pledge" it all to royal and religious institutional creditors (primarily the Holy See), regulate everything especially labor and utilities to high Hell for government profits, re-distribute wealth and displace populations, impose gag orders on the media, and prey upon the actual American People for the "good" of the "democracy" of the "United States" ----which virtually everyone in that audience interpreted as meaning The United States and as America, not the separate foreign hegemony of the deceptively similarly-named British Territorial United States.
Anyone still want to claim that it was "our fault" and that we '"voluntarily" "consented" to all of this crap and that we were given "full disclosure" of what FDR set in motion and all the false claims in commerce and the false conscriptions and confiscations that he and his pals in the Democratic Party pulled against the innocent American States and People?
January 30th, 2015 -
Just discovered this late 19th century text on government that includes a section on money that will serve my purposes here as a reference to my statement above regarding the critical importance of having a monetary system that is: "based on honest weights and measures":
"No man by himself produces everything he wants to use, but devotes his time to the production of some few things, and the surplus that he does not use, he exchanges for other things made by other men. In rude stages of society this is done by a direct exchange of one commodity for another, e.g. so much wheat or corn for a gun or plow. This is a very imperfect and cumbersome method, which cannot be employed in our present complicated transactions of buying and selling.
There thus early developed the use of money, or the practice of referring the value of all things to one standard, usually the precious metals: so that, instead of trading 20 bushels of corn for a plow, where it would be necessary to go to the great trouble of finding a man who had a plow, and also wanted your corn, you sell it for so much money, and with this money you buy a plow. Money is thus but a medium of exchange and a standard of value.
In the United States, as in most nations, money has always been made by the Government, and the Government alone, so that one certain fixed system may prevail. For the sake of convenience, money is made of various kinds and denominations, and United States money may conveniently be regarded under the five following divisions:
1. Gold Coin, Gold Bullion, and Gold Certificates.
There are six gold coins: (1) the eagle, $10 piece; (2) the double eagle, $20 piece; (3) the half eagle, $5; (4) the quar-ter eagle, $2.50; (5) the $3 piece, and (6) the $1 piece. The
three last are but little used. The gold bullion, or gold in bars and blocks uncoined, is for all practical purposes as good as the coin, and in foreign trade is much used, it being more convenient to handle. Besides the gold coin and bullion there are in circulation gold certificates. These are paper, the same in general appearance as the ordinary bank-note, and certify that an equivalent amount of gold has been deposited with the Treasurer of the United States, and that the holder of the certificate has the right to obtain the gold for it at any time. This does not increase the amount of money in circulation, as for every one issued just so much coin is withdrawn and stowed away in the Treasury. The certificates are used simply for convenience, and in order to avoid the necessary wear of the coin if in constant use. These certificates are of the denomination of $20. ..."
January 3rd, 2015 -
If you haven't yet been introduced to Catherine Austin Fitts then this may be a most perfect opportunity as she expresses her financial forecast for 2015.
October 31, 2015 -
"First, Iceland jailed its crooked bankers for their direct involvement in the financial crisis of 2008. Now, every Icelander will receive a payout for the sale of one of its three largest banks, Íslandsbanki. ... which, incidentally, remains the only European nation to recover fully from the 2008 crisis."
November 4, 2015 -
Glenn Beck Exposes the Private Fed (With G. Edward Griffin); Gets Fired by Fox.
December 3rd, 2015 -
Some notable articles that you shouldn't miss:
Ted Cruz Makes Eloquent Case for Sound Money at Fox Business Debate
WSJ Op-ed: Only Solution Is to End the Fed's Money Monopoly
Left-Wing Economists Outraged over Rising Discussion of Gold Standard
European Central Bankers to Take Interest Rates Negative!
Chris Christie Accuses Fed of Political Favors for Obama, Calls for Audit
March 29, 2016 -
Epoch Times spoke to Mr. Grant about the spotty track record of central bankers, deflation, gold and the gold standard.
June 2, 2017 -
When I was about 13 years old (in any case definitely not "of age") I wanted to open a savings account with cash I received from shoveling snow in my neighborhood. The bank required a social security number to open the account. I got the SSN for that purpose. Many years later I discovered that I could have refused to provide the SSN. There are many reasons why this refusal is legally correct however I'm not going to address that here and now. Actually that information is readily available online.
October 31, 2017 - Dark Journalist: The Missing Trillions Constitutional Crisis - "Undocumented adjustments" with Catherine Austin Fitts
From: Forbidden Knowledge TV
Subject: Dark Journalist: The Missing Trillions Constitutional Crisis - Catherine Austin Fitts
Date: 2017 October 31 at 06:41:06 PDT
Catherine Austin Fitts is on fire as she joins Dark Journalist Daniel Liszt with a close look at the Missing Trillions that have disappeared from US Government Agencies and how this relates to Harvey Weinstein, the Clintons and the Las Vegas shooting and realpolitik.
Catherine details the $21 trillion plus missing from the Department of Defense (DoD) and the US Housing and Urban Development (HUD). The money has been vanishing over the course of the past two decades through a mysterious process called 'Undocumented adjustments."
The forces behind the money drain have managed to elude public scrutiny and oversight due to intense control over the Mainstream Media and political figures.
There's been a big push for a Constitutional Convention ("Con Con") that would enable new amendments to be added to the law of the land. It has garnered the support of almost enough state representatives to be ratified.
The false remedy of a Constitutional Convention is being portrayed by advocates as the solution to the political impasse that we see in Congress. According to Catherine it's actually a backdoor attempt to allow those who have stolen the Missing Money to avoid prosecution.
Video: (54 mins):
Dark Journalist: The Missing Trillions Constitutional Crisis - Catherine Austin Fitts.
January 19, 2018 - "The Hideous Truth Behind Social Security"
February 3, 2018 - Woodrow Wilson Quote About Economic Oppression -
I am a most unhappy man. I have unwittingly ruined my country. A great industrial nation is controlled by its system of credit. Our system of credit is concentrated. The growth of the nation, therefore, and all our activities are in the hands of a few men who, even if their action be honest and intended for the public interest, are necessarily concentrated upon the great undertakings in which their own money is involved and who necessarily, by very reason of their own limitations, chill and check and destroy genuine economic freedom. We have come to be one of the worst ruled, one of the most completely controlled and dominated governments in the civilized world. No longer a government by free opinion, no longer a government by conviction and the vote of the majority, but a government by the opinion and duress of a small group of dominant men.
February 4, 2018 - At-one-ment -
The concept of at-one-ment is that God and God’s creation, Nature, are One Thing.
Nature is the absolute and ultimate source of everything. No informed person denies it.
All wealth and supply — material, mental, and spiritual — comes from the One Source that is infinite, all powerful, and all knowing, and man, as the expression of that Source, and acting as its servant, is worthy to be set free from the jeopardy of the food chain.
One’s universal purpose is the management and protection of one’s portion of Nature.
It is a self-evident truth that Nature has met and always will meet every human need.
Mankind must fulfill its part and appreciate the gift, to be worthy and ready to receive it.
An understanding of this leads naturally to enlightenment, invention, a natural supply of energy and wealth, distributed wealth in society, mutual respect, honor, and the peaceful solution of even the most difficult social and technological problems.
This attitude is also the basis of altruism, altruistic government, and altruistic banking.
The self-limiting condition of our society today is that man thinks that he is the most important source of everything, and that man must monopolize every aspect of nature for himself in order to survive. This view of life, leads to a sense of future limitation, greed, theft, and war.
This attitude is also the basis of egoism, egoistic government, and egoistic banking.
Our current government and banking systems are based upon egoism, and tend to reinforce the egoistic view of life.
The primary causes, of the system’s failure to perform for the public, have been greed and ignorance.
The greed causes an exercise of fraud consisting of very artful deceptions.
The ignorance has kept the public from being able to defend itself from the fraud.
The world is in disorder because the operators of its government systems and banking systems have learned certain methods of deception, which make government and banking profitable for themselves, but devastating for the public.
Government systems and banking systems have been deliberately operated on the basis of “Where there is confusion, there is profit, and the more confusion, the more profit.”
It has been an egoistic system for thousands of years, with “each banker for himself”, and against the public.
Clearly, the Altruistic and Egoistic viewpoints are very different.
 Read more at:
 Author of "The Creature from Jekyll Island: A Second Look at the Federal Reserve":
 "God, Money and Lies" by Jerry Day:
December 5, 2017 - Also a 1.5 minute video clip underscore the truth (of the superiority of Man's Rights over government) with the perspective of the Organic Laws: https://www.youtube.com/watch?v=EiMOtS_lzZc
 Access link at: http://www.exopermaculture.com/2017/12/10/forbes-magazine-21-trillion-missing-u-s-treasury/
 How To Create Currencies For Local Communities By Hartford Van Dyke;
 I would like to verify this.
 "We, the sheeple V. The banksters - A Call to Action!" - By: Lauren Tratar -
Mentioned by Anna:
 The relationship between "money" and a society's virtue might be better stated as: "legal tender" and other methods of financial accounting that are not backed with precious metals is a barometer of a society’s virtue.
 Funk v. U.S., 290 U.S. 371 (1933)
 Article 1 (The Legislative Branch) at: Section 10 (Powers Prohibited of States):
 A 13-page "Notice": "Be Informed: THERE IS NO MONEY" accessed on October 11, 2019.
Toward a further verification that "Federal Reserve Notes are not dollars":
"Schiff attached a letter to his Form 1040 addressed to the District Director of the IRS. That letter stated that Schiff had received
federal reserve notes in 1976, which he distinguished from taxable dollars. Schiff concluded that federal reserve notes were worthless since he could exchange them only for other federal reserve notes, but not for gold or silver. In support of his contention that federal reserve notes are not dollars, Schiff attached a letter from Russell L. Munk, Assistant General Counsel of the Department of the Treasury, that so stated.":
 "MONEY, MONEY, MONEY MASTERS" by Ed Rivera, April 22, 2009:
 See: Appendix at: https://www.constitution.org/mon/what_is_a_dollar.htm#note32
Also read the whole article that precedes the appendix as well!: "What Is A 'Dollar'? An Historical Analysis Of The Fundamental Question In Monetary Policy" by Edwin Vieira, Jr.
 Quoted from: https://alternativeviewsblog.wordpress.com/2016/11/23/jfk-to-911-everything-is-a-rich-mans-trick-32755/
Which appears to be an accurate transcription from:
"JFK to 911 Everything Is A Rich Man's Trick" - Francis Richard Conolly:
Also quoted at: https://alcva.wordpress.com/2018/11/23/jfk-to-911-everything-is-a-rich-mans-trick-2/
Accessed on Friday, Nov. 15, 2019 approx. 11 AM Pacific.
 [The following was verified but not fully viewed by this blog-writer] https://www.youtube.com/watch?v=sOkpxv9rhF4
1st accessed the "lion's share" of the info in this post from Anna Reitz: http://www.paulstramer.net/2019/11/re-posting-more-proof.html
Anna re-posted from:
 "Mike Maloney on Surviving The Impending Crisis ..." @ YouTube with “The Dollar Vigilante.”:
 This article was originally published on September 21, 2015, by Brain Pickings
 "Guide to Investing in Gold & Silver" By: Mike Maloney;
Chapter One - The Battle of the Ages p.4.
Quoted by Mike Maloney: https://www.youtube.com/watch?time_continue=302&v=SC-zdIG1ev0&feature=emb_title
 Also Blogged at: https://www.curezone.org/blogs/fm.asp?i=2386358
 "WTF: What The Fed?!?! (Round 2) - Maloney, Williams, Martenson, Smith & Taggart":
 "Public Notice --- Attention: World Governments and President Trump”:
 Mike Maloney in: "GET PREPARED FOR A NEW SYSTEM BASED ON GOLD & SILVER”:
 "Planet Lockdown Interview" - December 22, 2020 - with Catherine Austin Fitts.
Read the PDF of: Planet Lockdown Interview with Catherine Austin Fitts at:
money history, banks, gold, Federal Reserve System, private banking cartel, paper money, honest weights, gold coin, silver coin, great depression, national debt, federal reserve notes, the fed, The Creature from Jekyll Island, Government Spending, precious metals, cash, currency, live exercise
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