Thread: United States Congressional Record US BANKRUPTCY

The Bankruptcy of The United States
United States Congressional Record, March 17, 1993 Vol. 33, page H-1303

Speaker-Rep. James Traficant, Jr. (Ohio) addressing the House:
"Mr. Speaker, we are here now in chapter 11.. Members of Congress are official trustees presiding over the greatest reorganization of any Bankrupt entity in world history, the U.S. Government. We are setting forth hopefully, a blueprint for our future. There are some who say it is a coroner’s report that will lead to our demise.
It is an established fact that the United States Federal Government has been dissolved by the Emergency Banking Act, March 9, 1933, 48 Stat. 1, Public Law 89-719; declared by President Roosevelt, being bankrupt and insolvent. H.J.R. 192, 73rd Congress m session June 5, 1933 - Joint Resolution To Suspend The Gold Standard and Abrogate The Gold Clause dissolved the Sovereign Authority of the United States and the official capacities of all United States Governmental Offices, Officers, and Departments and is further evidence that the United States Federal Government exists today in name only.
The receivers of the United States Bankruptcy are the International Bankers, via the United Nations, the World Bank and the International Monetary Fund. All United States Offices, Officials, and Departments are now operating within a de facto status in name only under Emergency War Powers. With the Constitutional Republican form of Government now dissolved, the receivers of the Bankruptcy have adopted a new form of government for the United States. This new form of government is known as a Democracy, being an established Socialist/Communist order under a new governor for America. This act was instituted and established by transferring and/or placing the Office of the Secretary of Treasury to that of the Governor of the International Monetary Fund. Public Law 94-564, page 8, Section H.R. 13955 reads in part: "The U.S. Secretary of Treasury receives no compensation for representing the United States?’
Gold and silver were such a powerful money during the founding of the united states of America, that the founding fathers declared that only gold or silver coins can be "money" in America. Since gold and silver coinage were heavy and inconvenient for a lot of transactions, they were stored in banks and a claim check was issued as a money substitute. People traded their coupons as money, or "currency." Currency is not money, but a money substitute. Redeemable currency must promise to pay a dollar equivalent in gold or silver money. Federal Reserve Notes (FRNs) make no such promises, and are not "money." A Federal Reserve Note is a debt obligation of the federal United States government, not "money?’ The federal United States government and the U.S. Congress were not and have never been authorized by the Constitution for the united states of America to issue currency of any kind, but only lawful money, -gold and silver coin.
It is essential that we comprehend the distinction between real money and paper money substitute. One cannot get rich by accumulating money substitutes, one can only get deeper into debt. We the People no longer have any "money." Most Americans have not been paid any "money" for a very long time, perhaps not in their entire life. Now do you comprehend why you feel broke? Now, do you understand why you are "bankrupt," along with the rest of the country?
Federal Reserve Notes (FRNs) are unsigned checks written on a closed account. FRNs are an inflatable paper system designed to create debt through inflation (devaluation of currency). when ever there is an increase of the supply of a money substitute in the economy without a corresponding increase in the gold and silver backing, inflation occurs.
Inflation is an invisible form of taxation that irresponsible governments inflict on their citizens. The Federal Reserve Bank who controls the supply and movement of FRNs has everybody fooled. They have access to an unlimited supply of FRNs, paying only for the printing costs of what they need. FRNs are nothing more than promissory notes for U.S. Treasury securities (T-Bills) - a promise to pay the debt to the Federal Reserve Bank.
There is a fundamental difference between "paying" and "discharging" a debt. To pay a debt, you must pay with value or substance (i.e. gold, silver, barter or a commodity). With FRNs, you can only discharge a debt. You cannot pay a debt with a debt currency system. You cannot service a debt with a currency that has no backing in value or substance. No contract in Common law is valid unless it involves an exchange of "good & valuable consideration." Unpayable debt transfers power and control to the sovereign power structure that has no interest in money, law, equity or justice because they have so much wealth already.
Their lust is for power and control. Since the inception of central banking, they have controlled the fates of nations.
The Federal Reserve System is based on the Canon law and the principles of sovereignty protected in the Constitution and the Bill of Rights. In fact, the international bankers used a "Canon Law Trust" as their model, adding stock and naming it a "Joint Stock Trust." The U.S. Congress had passed a law making it illegal for any legal "person" to duplicate a "Joint Stock Trust" in 1873. The Federal Reserve Act was legislated post-facto (to 1870), although post-facto laws are strictly forbidden by the Constitution. [1:9:3]
The Federal Reserve System is a sovereign power structure separate and distinct from the federal United States government. The Federal Reserve is a maritime lender, and/or maritime insurance underwriter to the federal United States operating exclusively under Admiralty/Maritime law. The lender or underwriter bears the risks, and the Maritime law compelling specific performance in paying the interest, or premiums are the same.
Assets of the debtor can also be hypothecated (to pledge something as a security without taking possession of it.) as security by the lender or underwriter. The Federal Reserve Act stipulated that the interest on the debt was to be paid in gold. There was no stipulation in the Federal Reserve Act for ever paying the principle.
Prior to 1913, most Americans owned clear, allodial title to property, free and clear of any liens or mortgages until the Federal Reserve Act (1913)
"Hypothecated" all property within the federal United States to the Board of Governors of the Federal Reserve, -in which the Trustees (stockholders) held legal title. The U.S. citizen (tenant, franchisee) was registered as a "beneficiary" of the trust via his/her birth certificate. In 1933, the federal United States hypothecated all of the present and future properties, assets and labor of their "subjects," the 14th Amendment U.S. citizen, to the Federal Reserve System.
In return, the Federal Reserve System agreed to extend the federal United States corporation all the credit "money substitute" it needed. Like any other debtor, the federal United States government had to assign collateral and security to their creditors as a condition of the loan. Since the federal United States didn’t have any assets, they assigned the private property of their "economic slaves", the U.S. citizens as collateral against the unpayable federal debt. They also pledged the unincorporated federal territories, national parks forests, birth certificates, and nonprofit organizations, as collateral against the federal debt. All has already been transferred as payment to the international bankers.
Unwittingly, America has returned to its pre-American Revolution, feudal roots whereby all land is held by a sovereign and the common people had no rights to hold allodial title to property. Once again, We the People are the tenants and sharecroppers renting our own property from a Sovereign in the guise of the Federal Reserve Bank. We the people have exchanged one master for another.
This has been going on for over eighty years without the "informed knowledge" of the American people, without a voice protesting loud enough. Now it’s easy to grasp why America is fundamentally bankrupt.
Why don’t more people own their properties outright?
Why are 90% of Americans mortgaged to the hilt and have little or no assets after all debts and liabilities have been paid? Why does it feel like you are working harder and harder and getting less and less?
We are reaping what has been sown, and the results of our harvest is a painful bankruptcy, and a foreclosure on American property, precious liberties, and a way of life. Few of our elected representatives in Washington, D.C. have dared to tell the truth. The federal United States is bankrupt. Our children will inherit this unpayable debt, and the tyranny to enforce paying it.
America has become completely bankrupt in world leadership, financial credit and its reputation for courage, vision and human rights. This is an undeclared economic war, bankruptcy, and economic slavery of the most corrupt order! Wake up America! Take back your Country."


Image: United States Congressional Record, March 17, 1993 Vol. 33, page H-1303
http://www.afn.org/~govern/bankruptcy.html


SEE: http://www.afn.org/~govern/traficant.gif

Ruthiela

this information is coming out one person at a time. Ck out this conversation between Crocket and I. I think you will find it very informative.

https://www.alipac.us/modules.php?name=Fo...=163669#163669

With the money "owed" us by some countries and the money we spend helping others, and of course with all the money the governement gets from us .... I don't understand how "we" are broke or have a "deficit".

This is another economic/accounting thing and I'm not very good at it. All I can do is balance my checkbook.

Originally Posted by ldydrake

With the money "owed" us by some countries and the money we spend helping others, and of course with all the money the governement gets from us .... I don't understand how "we" are broke or have a "deficit".

This is another economic/accounting thing and I'm not very good at it. All I can do is balance my checkbook.

Our government does not loan money to foreign governments. It has no money to loan. All it does is act as guarantor against loans (credit) to those governments. Similarly, the government gets no money from us. We are merely paying with our own credit in the form of unbacked FRNs, which are no more than IOUs -- promises made by the person or entity to whom they were originally issued to repay the loan that created them. Because they devalue daily because of the interest attached to the loans that create them, they cannot, by definition, be repaid unless there exists the potential to obtain real money (backed by positive value such as gold or silver) with which to repay them.

What's more, unless you can demonstrate that you possess actual substance (usually defined as gold, silver, or other precious commodity) you are considered indigent and incompetent in any court of the lex mercatorum. That's why your word is infoerior to that of a bonded officer, for example. If you were considered competent, your word would be as good as his and you could not be convicted of things like traffic tickets unless the prosecution had corroborative testimony to back the testimony of its officer. After all, the burden of proof is on the state. But when their officer is testifying against an indigent, it is as if he is testifying against no one. Some people circumvent this by posting a silver bond to demonstrate their competence.

This is absolutely amazing stuff and sooooooooooooooooo scarey. It makes me want to liquidate everything and move.

And of course, in our country's financial straights; what is the ulterior motive for bringing in millions more from third world countries to feed and care for?

The ONE thing EVERYONE is missing though.......the BIGGIE..........
WE HAVE NO GOVERNMENT. What we live in is Corp U.S.
According to OUR CONSTITUTION The President CAN ONLY BE SEATED BY THE SENATE.
"President Bush" WAS NOT ELECTED.
WE, THE PEOPLE, DO NOT ELECT THE PRESIDENT NOR THE SENATE.
THE CONSTITUTION OF THE UNITED STATES OF AMERICA is the constitution of the incorporated UNITED STATES OF AMERICA.
The Constitution we see and read IS NOT OUR CONSTITUTION AT ALL.
It BELONGS to Corporate America..........which is Washington, DC......who by the way HAS NO AUTHORITY OVER WE THE PEOPLE. Only what goes on in Washington, DC do they have any authority.
Since 1933, when Corp US went bankrupt...........this HAS BEEN OUR LAND........NOT THEIRS.
We have been lied to and mislead all these years. THEY CANNOT PASS ANYTHING NOR CAN THEY GIVE AWAY ANYTHING............WE CONTROL THEM...........THEY DO NOT CONTROL US
WE, THE PEOPLE, HAVE TO TAKE CONTROL............GET ASS KICKING LAWYERS AND TAKE BACK OUR COUNTRY FROM CORP US. ONLY WE CAN DO IT IF WE WANT TO REGAIN WHAT OUR FOREFATHERS GAVE US. And it NEEDS to be done BEFORE Bush and the Senate gives it all away out from under us.
Take a look at The Act of 1871. CONGRESS COMMITTED TREASON AGAINST US. And they have been ever since.

Originally Posted by Dianne

This is absolutely amazing stuff and sooooooooooooooooo scarey. It makes me want to liquidate everything and move.

And of course, in our country's financial straights; what is the ulterior motive for bringing in millions more from third world countries to feed and care for?

I believe that a primary motive for bringing all these people in is to add more chattel. Once these folks get SSNs, the US can claim them as property against which it can gain more credit from the international banks.

Originally Posted by ruthiela

The ONE thing EVERYONE is missing though.......the BIGGIE..........
WE HAVE NO GOVERNMENT. What we live in is Corp U.S.
According to OUR CONSTITUTION The President CAN ONLY BE SEATED BY THE SENATE.
"President Bush" WAS NOT ELECTED.
WE, THE PEOPLE, DO NOT ELECT THE PRESIDENT NOR THE SENATE.
THE CONSTITUTION OF THE UNITED STATES OF AMERICA is the constitution of the incorporated UNITED STATES OF AMERICA.
The Constitution we see and read IS NOT OUR CONSTITUTION AT ALL.
It BELONGS to Corporate America..........which is Washington, DC......who by the way HAS NO AUTHORITY OVER WE THE PEOPLE. Only what goes on in Washington, DC do they have any authority.
Since 1933, when Corp US went bankrupt...........this HAS BEEN OUR LAND........NOT THEIRS.
We have been lied to and mislead all these years. THEY CANNOT PASS ANYTHING NOR CAN THEY GIVE AWAY ANYTHING............WE CONTROL THEM...........THEY DO NOT CONTROL US
WE, THE PEOPLE, HAVE TO TAKE CONTROL............GET ASS KICKING LAWYERS AND TAKE BACK OUR COUNTRY FROM CORP US. ONLY WE CAN DO IT IF WE WANT TO REGAIN WHAT OUR FOREFATHERS GAVE US. And it NEEDS to be done BEFORE Bush and the Senate gives it all away out from under us.
Take a look at The Act of 1871. CONGRESS COMMITTED TREASON AGAINST US. And they have been ever since.

I see a couple of problems with your commentary.

First off, you are correct that there is a difference between the corporate government and the country (the republic). But the courts decided early in this nation's history that the federal government had corporate status, meaning that even the constitutionally created government was a corporate entity. Furthermore, you are correct that the President was originally selected by the Electoral College and that the Senate was originally selected by the state legislatures. Unfortunately, those methods of selection were changed. In the case of the Senate, there was a duly ratified amendment to the Constitution. In the case of the Presidency, the EC still nominally elects the President, though convention has changed with respect to the method by which the EC votes are arrived at.

We cannot get lawyers to save us because lawyers are the problem. There is no domestic Bar. Our Bar is just the American branch of the British Bar Association, and its purpose from the beginning has been to bring us back under the yoke of the monarchy. People assume that we have always had a Bar here, but the fact is that the first US Bar was established in Illinois in 1917. The bastards moved so quickly that by 1933 there was a branch established in every state, and FDR succeeded in granting the Bar a virtual monopoly over the legal system. It's all been downhill from there, to the point that we nnow live in a krytocracy.

Thi has all been pursuant to agreement made between Lincoln's government and the HRE. Because Lincoln insisted that the secessionist states were still part of the Union, his Congress could not lawfully conduct any business because it lacked a quorum. The government could not even lawfully declare war. Lincoln sought apotheosis from the Vatican, and his request was granted, thereby bringing the Union under the governance of the Holy Roman Empire. The event was commemorated with the gift statue of Persephone provided by the Vatican and placed atop the Capitol dome, and by Vatican artist Brumidi's depiction of the Apotheosis of Washington (with Washington representing the office of the Presidency) in the Capitol rotunda. All the modifications to our government since that time have been pursuant to making it conform to the HRE's laws and standards.

What we must remember, however, is that the government can hypothecate only that which it owns, and it does not own any of us until we cede ownership or sell ourselves into indentured servitude. Unfortunately, we do that very thing by acquiescing to any number of UCC agreements and by taking government benfits through voluntary membership in the Social Security system. The only way to claim your sovereignty is to opt out of all of these many fraudulent contracts and agreements and to make a declaration of sovereign status in the public record.

I should make a clarification to my above post. I often forget that I am speaking to an audience for whom much of this history and many of these concepts are previously unknown.

When I speak of the Holy Roman Empire, I am not referring specifically to the Roman Catholic Church. The Harlot of Rome may sit astride the Beast, but the Beast itself has many heads. Specifically, the HRE is the sum of the monarchies and their instruments (the international banks, for example) created under the auspices of the kingmaking powers of Rome. As European history clearly shows us, the fact that these various monarchs are created by the same entity scarcely guarantees that they share ideologies with each other or with Rome herself. That's why the history of the monarchies of Europe is a history of almost endless warfare.

Understanding this relationship sheds light on many of history's more recent events. For example, it makes clear the real reasons that the HRE declared war on Germany in WWI. For the HRE, there was only one Caesar, from whom all their monarchs' powers originated, and he was in Rome. There could be no second Kaiser defying the power of the HRE. Similarly, the protector of the Eastern Orthodox Empire, the Caesar (Czar) of Russia, had to be brought down, which is why the Vatican backed the Bolshevik revolution. But evil begets evil, and so each of these acts of treachery created new monsters, Hitler and Stalin respectively. The Vatican even had a concordat (treaty) with Hitler that it was unable, despite its best efforts, to cover up after the war.

That the Beast (the HRE) will turn on its creator, the Harlot of Rome, is well known to believers in the Bible. John's revelation at Patmos clearly describes the Beast turning on the woman represented by the seven hills of Rome and making her desolate. So today are the monarchies, both those declared as such and those operating under the pretense of "democracy," moving well beyond the tenets of Rome and off into secularist religions unknown to previous generations. Soon, the gulf between these new beliefs and the tenets of Rome will be so great as to bring the HRE and its mother church into direct conflict.