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WHY THEY GOT RID OF TRAFICANT ON CAPITAL HILL. HE TOLD THE TRUTH!


March 15, 2003

EXCERPT:

"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."

QUOTABLE:

"If the American people ever allow private banks to control the issue of
their money, first by inflation and then by deflation, the banks and
corporations that will grow up around them, will deprive the people of
their property until their children will wake up homeless on the
continent their fathers conquered."

-Thomas Jefferson



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). Whenever 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." Un-payable 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 un-payable 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 un-payable 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...

***

"None are so hopelessly enslaved, as those who falsely believe they are
free.

The truth has been kept from the depth of their minds by masters who rule
them with lies.

They feed them on falsehoods till wrong looks like right in their eyes."

- Johann Goethe