lending agreements, collateral is a borrower's pledge of specific property to a lender, to secure repayment of a loan. [1][2] The collateral serves as protection for a lender against a borrower's risk of default - that is, any borrower failing to pay the principal and interest under the terms of a loan obligation. If a borrower does default on a loan (due to insolvency or other event), that borrower forfeits (gives up) the property pledged as collateral - and the lender then becomes the owner of the collateral
As a result of HJR 192, no one in the U.S. from 5th June 1933 has been able to pay a debt. They can only tender in transfer of debts, the debt being perpetual.
The suspension of the gold standard, and prohibition against paying debts, removed the substance for the Common Law to operate on, and created a void, as far as the law is concerned.
This substance was replaced with a "Public National Credit" system where debt is money (The Federal Reserve calls it "monetized debt") over which the only jurisdiction is Admiralty and Maritime, and so ... every man, woman and child who deals in the public national credit in the legal position of a merchant, is under Admiralty and Maritime jurisdiction. There is a way out of this 'black hole', however this will not be discussed here.
Prior to 5th June 1933, President Franklin Roosevelt, on 5th April 1933, under Executive Order, declared:
"All persons are required to deliver ON OR BEFORE MAY 1, 1933 all GOLD COIN, GOLD BULLION, AND GOLD CERTIFICATES now owned by them to a Federal Reserve Bank, branch or agency, or to any member bank of the Federal Reserve System."
Section 9 of the order read:
“Whosoever willfully violates any provisions of this Executive Order or of these regulations or of any rule, regulation or license issued thereunder may be fined not more than $10,000, or if a natural person, may be imprisoned for not more than 10 years, or both; and any officer, director or agency of any corporation who knowingly participates in any such violation may be punished by a like fine, imprisonment, or both."
Roosevelt was not expressly authorised to issue this Executive Order demanding that private men, women and children must deliver their gold coin etc to a Federal Reserve Bank, branch or agency etc.
This Order by Roosevelt was an act of treason on the American men, women and children..
The United States government, in order to provide necessary goods and services, created a commercial bond (promissory note), by pledging the property, labor, life and body of its citizens, as payment for the debt (bankruptcy to the international bankers). This commercial bond made chattel (property) out of every man, woman and child in the United States. Every man, woman and child are nothing more than and collateral and human resources for the debt.
This commercial bond is created through the registration of the birth certificates of every man, woman and child. It is the same for Australia. Again, there is a way out of this 'black hole', however this will not be discussed here.
In 1993, Congressman James Traficant exposed the financial corruption of the Federal Reserve System and spoke on the House Floor on March 17, 1993, and I heard part of the speech on C-SPAN. It was interrupted and no reason was given; C-SPAN went directly to cover another event. Traficant became the target for being framed on bogus corruption charges. Honest men are either taken out by the Ruling Elite Organized Crime Syndicate or rot in jail.
To silence Traficant, certain members of Congress found a means to put him in prison on trumped-up charges. The hearings were like a kangaroo court; whereby, he was not allowed to bring in certain witnesses, documents, and testimony. Judge Lesley Wells of the U.S. District Court in Cleveland, Ohio, was prejudiced toward Traficant and refused to set bail for Traficant, ordering that service of his term should begin immediately. Denial of bail also sets aside all pending appeals to Traficant's conviction. Traficant is now serving an eight year prison sentence in federal prison for his April 11, 2002 conviction on trumped-up felony charges of bribery, corruption and tax evasion.
By a vote of 420-1, Traficant was also expelled from the House of Representatives. House Resolution No. 495 read simply, "Resolved, That, pursuant to article I, section 5, clause 2 of the United States Constitution, Representative James A. Traficant, Jr., be, and he hereby is expelled, from the House of Representatives." Traficant is the second member of the House to be expelled since the Civil War and the fifth in congressional history. Traficant, addressing the House, said "I'll go to jail before I resign and admit to something I didn't do.""
Traficant, A former county sheriff, had been elected to Congress nine times by the people of his Mahoning Valley, Ohio district. He plans to run for re-election as an independent candidate and intends to serve from jail if elected.
DON'T FORGET! James Traficant is STILL in prison!
According to the 1994 US Government Manual, at page 390, the Attorney
General is the permanent representative to INTERPOL, and the Secretary of
Treasury is the alternate member. Under Article 30 of the INTERPOL
constitution, these individuals must expatriate their citizenship. They
serve no allegiance to the United States of America. The IRS is paid by "The
Fund" and "The Bank."
Thus it appears from the documentary evidence that the Internal Revenue
Service agents are "Agents of a Foreign Principle" within the meaning and
intent of the "Foreign Agents Registration Act of 1938" for private, not
public, gain.
The IRS is directed and controlled by the corporate Governor of "The Fund"
and "The Bank." The Federal Reserve Bank and the IRS collection agency are
both privately owned and operated under private statutes. The IRS operates
under public policy, not Constitutional Law, and in the interest of our
nations foreign creditors
It is an established fact that the United States Federal Government has been dissolved by the Emergency Banking Act, March 9, 1933, 48 Stat. 1, Public Law 89-719; declared by President Roosevelt, being bankrupt and insolvent. H.J.R. 192, 73rd Congress m session June 5, 1933 - Joint Resolution To Suspend The Gold Standard and Abrogate The Gold Clause dissolved the Sovereign Authority of the United States and the official capacities of all United States Governmental Offices, Officers, and Departments and is further evidence that the United States Federal Government exists today in name only.
This is why you pay income taxes and lawyers hold public office even though the Constitution forbids both. It has been suspended since 1933. Some of you may have lost friends and family in wars during this time, and you may be thinking that they died for nothing. They died to preserve this Nation so one day, we would all be free again, even though they did not know that we were enslaved. And, at last, that day has come.
The Republic of the United Sates was placed in Receivership under the authority of the United Nations, the International Monetary Fund (IMF), the World Bank and International bankers who adopted a new form of government called a democracy. From that day forward, everyone was programmed to believe that a democracy meant freedom.
It was a lie.
The receivers of the United States Bankruptcy are the International Bankers, via the United Nations, the World Bank and the International Monetary Fund. All United States Offices, Officials, and Departments are now operating within a de facto status in name only under Emergency War Powers. With the Constitutional Republican form of Government now dissolved, the receivers of the Bankruptcy have adopted a new form of government for the United States. This new form of government is known as a Democracy, being an established Socialist/Communist order under a new governor for America. This act was instituted and established by transferring and/or placing the Office of the Secretary of Treasury to that of the Governor of the International Monetary Fund. Public Law 94-564, page 8, Section H.R. 13955 reads in part: “The U.S. Secretary of Treasury receives no compensation for representing the United States?’
As you can see Secretary Paulson is Secretary of the Treasury in name only. He is really part of the International Monetary Fund. That is why he has so much power. It should also leave no doubt in your mind that he intends to extract every last dollar from us that he can get … even if it leaves our economy in shambles … maybe even forcing us back into bankruptcy. George Bush’s ongoing business relationships with Paulson leave little doubt that he is president in name only. His true purposes do not serve the Republic.
The receivership period lasted 75 years. During the last 75 years every rich jerk and media wannabe has flocked to the money and power. In their quest for money, we and our children have been programmed into apathy, hooked on credit, dumbed down, fattened up, and over medicated as all the big boys devised methods to extract every last dollar from the herd…. all in the name of profit. Americans have been subjected to every form of psychological programming that could be devised.
The receivership expired in March of 2008. The last payment was made in 2003.
Mr. Kamarulzaman Bin Annuar of the U.S. and U.S. Foreign Federal Reserve Clear Stream and Euro Clear Systems, called us after receiving the DHL PACKAGE Number 7642371461; Whereby THE TRUST was assured by June 12, 2003 (a) The Rothschilds in London had signed off (b) The U.S. Fed. R. had signed off (c) The U.S. Dept. of the Treasury had signed off (d) The White House Signed off and was very happy to do so (e) the CIA in Spain also signed off and took their cut of the $6.5 Trillion Dollar U.S. & AMERICAN CONTINENTAL DEBT PAYMENT and (f) EACH WANTED TO KNOW IF THE TRUST WOULD PAY OFF THE EXTERNAL U.S. DEBTS AMOUNTING TO $400 TRILLION DOLLARS.
So why hasn’t the Republic been restored? Because George Bush has been blocking the settlement process so Paulson could loot every nook and cranny in the nation. There is no credit crisis at the Fed. They just want to stick us with all the worthless and counterfeit paper they have accumulated while subjecting us to generations of debt. If they can drive us back into bankruptcy, they can stay another 75 years, and our children’s children will have more of the same.
As soon as the transition process is complete, we will have our country back. The Constitution will be in force. We will have free elections. Common Law instead of Maritime Law. No IRS. No Federal Reserve. But first we have to go through the turnover process starting with the settlements.
2. Payment of the U.S. Debt.
The Trust agreed to both. We were told by Mr. Kamarulzaman Bin Annuar he had negotiated the U.S. Debt Swap-Debt Conversion payment on May 21, 2003. The amount which would be acceptable by the U.S. Federal Reserve System and U.S. Treasury was $6.5 Trillion Dollars.
We were assured by both gentlemen, the Federal Reserve System and U.S. Treasury were prepared to accept our Perfected Sovereign Debt Collateral.
The receivership expired in March of 2008.
(e) the CIA in Spain also signed off and took their cut of the $6.5 Trillion Dollar U.S. & AMERICAN CONTINENTAL DEBT PAYMENT
"The Treasury opened its window to help. They pumped a hundred and five billion dollars into the system and quickly realized that they could not stem the tide. We were having an electronic run on the banks!
They decided to close the operation, close down the money accounts, and announce a guarantee of $250,000 per account so there wouldn't be further panic. And that's what actually happened.
If they had not done that their ESTIMATION was that by 2pm that afternoon, 5 1/2 trillion dollars would have been drawn out of the money market system of the United States, it would have collapsed the entire economy of the United States, and within 24 hours the world economy would have collapsed."
"About Fort Knox Gold:
In the 1970's a very courageous gentleman named Edward Durrell...
(Original link removed? I substituted...)
Thinking the Unthinkable
www.fgmr.com...
First, about Fort Knox. You know, the Fort Knox Gold Scandal is just like the Watergate Scandal in one respect: There is a desperate cover-up going on right now just as happened with Watergate. The Fort Knox Gold Scandal
cover-up really passed the point of no return last September when the United States Treasury perpetrated the Fort Knox gold inspection hoax in an attempt to discredit my charges that there's no gold in Fort Knox because it had all
been illegally removed. Since that time the Government has been getting in deeper and deeper and deeper, involving more and more people in all sorts of maneuvers to try to keep the lid on. For example, when the Congressmen and newsmen visited Fort Knox last September, news stories promised everybody that the visit would be followed up by an audit of the Fort Knox gold by the General Accounting Office, but what they actually did was just a very superficial exercise just to make the record look good, and the group of 15 men that did it had only two (2) General Accounting Office representatives on it. All the rest were from the Treasury itself--in other words, the fox went into the henhouse to count our chickens for us.
It may come as a shock to some, but the U.S. has very little so-called "U.S. government" gold bullion in Fort Knox. A brave outspoken journalist, Tom Valentine, in the 1970s, exposed as a fraud that there was world-trade-quality gold at Fort Knox. All they have left are poor quality, orangish-looking, melted down coin metal from the seizure in 1934, of gold coins from America's common people. [The American aristocracy, warned in advance, shipped THEIR gold out of the U.S.] The U.S. governmentt gold is gone. Why? Because it was shipped, under the supervision of a ply-able U.S. General, to the private central octopus called the Bank of England, in 1968, to stem a run on that bank which had somehow lost all their own gold.]
The organization (formerly) chaired by Alan Greenspan is a coalition of private international banks, that does not answer to the United States Government. And there is no precious metal warehoused in Fort Knox or elsewhere that backs the money that they issue.
Large shipment of gold leaves Fort Knox, public doesn't know that their national gold 'reserves' are being secretly depleted by one-world national socialist agents working in U.S. government. Gold at Fort Knox replaced with
gold-plated lead bars, making it the biggest heist in history. Rockefellers involved. James MacDonald becomes critical of Air Force and the CIA.
Throughout the 20th century this movement toward a one world government has been marching on. This is not new or recent. In his book Critical Path Buckminster Fuller gives a very impressive sweep of the 20th century, about the large corporations and their agents and the lawyers who basically control the country far more than the people understand. He talked about how all the gold was removed from Fort Knox by the 1960's.
Where did it go?
It went to the banks. They own the country. Fuller called the CIA, "capitalism's invisible army." We have a Constitution and our Bill of Rights (the first 10 amendments) that makes us free. Right?
In 1971 Nixon unilaterally canceled the Bretton Woods system and stopped the direct convertibility of the United States dollar to gold.
en.wikipedia.org...
Originally posted by Hx3_1963
reply to post by tide88
Good try...if you read the Article, we've already been "Pledged" as Collateral on this debt, as the US is a Corporation.
Only recourse I see is in a Court, total Worldwide financial overhaul or Fight.
Public announcement GEAB N°22 (February 16, 2008)
A revealing harbinger: From March 2008 onward, the US government will cease to publish its economic indicators due to budget restrictions [3]. Those who read the GEAB N°2 (02/2006), and included Alert, certainly keep in mind our anticipation which connected the upcoming fall of the US dollar with the US Fed’s decision to cease publishing the M3 indicator. This new decision is another clear sign that US leaders are now anticipating a very bleak economic outlook for their country.
In this 22nd issue of the Global Europe Anticipation Bulletin, with the alert we sound about a collapse of US real economy from September 2008 onward, we are trying again to warn those concerned that this major event will generate many very severe socio-political troubles in the United States [13] whose economy is truly on a tumbling course [14], a situation extremely likely to entail very heavy consequences for the financial and monetary markets, and for the world’s economy. We have not yet reached the heart of the crisis. According to LEAP/E2020, we will be there in the second semester of 2008.
People without homes will not quarrel with their leaders. History repeats itself in regular cycles. This truth is well known among our principal men who are engaged in forming an imperialism of the world. While they are doing this, the people must be kept in a state of political antagonism.
The question of tariff reform must be urged through the organization known as the Democratic Party, and the question of protection with the reciprocity must be forced to view through the Republican Party.
By thus dividing voters, we can get them to expend their energies in fighting over questions of no importance to us, except as teachers to the common herd. Thus, by discrete actions, we can secure all that has been so generously planned and successfully accomplished.
