Tag Archives: Money

THE REAL WORK BEGINS WITH EACH OF US. ARE YOU READY?

Many have opined and prayed for several years for a miracle for America. Trump’s “Make America Great Again” slogan is not a description of what we should expect any one man will do. I am sick of people announcing that they are going to sit back, watch, and give the man a fair chance of making America great again. Frankly, this slogan is not a referendum for one person to accomplish. It is NOT a referendum for one political party. In case you did not understand what is supposed to happen in America now, let me explain it to you. THE AMERICAN PEOPLE WILL MAKE AMERICA GREAT AGAIN – OR THEY WON’T. Time will tell.

It is high time the American people took back their country. To make America great again, will require a LOCAL EFFORT from coast to coast. Requiring every city in America pushing a winning agenda to state governors, state legislatures, and federally to both Houses of Congress. We have a President-Elect who will fight for our American jobs, American business endeavors, and all American families. WE THE PEOPLE NEED TO BE READY IN THE NEXT FEW WEEKS TO MAKE KNOWN THE AGENDA WE WANT. If you want to start a business, already own a business, or work for a business, you need to tell our government what it is your service or industry needs to be successful, and provide jobs for all who want to be a part of THE AMERICAN DREAM.

Whether you are a farmer, shoemaker, clothes maker, cement maker, homemaker or builder of homes, computer maker, hospital, own rent homes or apartments, run a school or are a home-schooler, dress maker, pie baker, furniture builder, etc., etc., etc. YOU NEED TO LET YOUR POLITICIANS KNOW WHAT YOU NEED TO BE — SUCCESSFUL – TO BRING OUR INDUSTRIES AND JOBS HOME!!!

Every American should start looking at what we import from other countries, and ask ourselves how do we start making these things in America.
AMERICANS NEED TO BAND TOGETHER TO TELL OUR POLITICIANS WHICH REGULATIONS AND LAWS HURT AMERICAN BUSINESS, AMERICAN INDUSTRY, AMERICAN FAMILIES, AND WHY.

Americans need to be networking on a scale that hasn’t been seen since before computers made us all lazy. Business used to be conducted at social enterprises such as golf clubs, Elks Clubs, Moose Clubs, Veterans Clubs, Kiwanis, Lions, PTA, Alumni, Rotary, Chamber of Commerce, Every Town Council meeting should be packed to the rafters, Petroleum, Pharma, Medical, School Board Meetings, Business Networking International, Women In Business, Convention & Business Bureaus for every trade and service industry, OPTIMISTS for crying out loud!, Think Tanks for every industry that exists or has left our nation, Local Merchants Associations, CHURCHES, etc. etc. etc.

It is shameful how membership in social clubs has dwindled to almost extinction since the computer made us all social couch potatoes. Does your town have a Junior League? Does anyone remember what it was all about? The Junior League is an organization of women committed to promoting voluntarism in any city, or town. Thriving cities can be gauged by the volume of active social and charitable associations.

John and I dressed to the 9’s Saturday night and attended a charity event. I haven’t felt that much alive in a very long time. We were in a ballroom full of people enjoying dinner, dancing, silent and live auctions with one thing in mind – raising enough money to make a difference in the lives of many people. The Health Alliance of Clinton County financially assisting with health-related needs in the extended community. We were so pleased to be able to give – and we are seniors on a fixed income. A community that involves itself in fulfilling the needs of the community on a personal level is an indicator of a thriving community. Instead of the government deciding how to spend your hard-earned dollars for “charity” (often not actually helping anyone in need), it is important for the well-being of all citizens to be personally involved in helping others.

The quandary in “Making America Great Again” is the double nature of money. Spending money – spreading it around locally – is what every economy needs to grow. At the same time, Americans will need to spend wisely to keep our families’ hearth and home safe from going under as we re-build Americas industries.

We must return America to that which our moral compass was anchored in when Washington and his Congress dedicated America to our Christian God. Christian Americans (80+% of population) got out and voted on November 8 in a unified effort to return America to its moral origins, which will in turn return America to prosperity, and God’s protection. We must abandon Secular Christianity rooted in the wrong idea of other religions being the same as ours. We must return to Biblical Christianity, and the Gospel regarding Jesus, to navigate America back on solid moral ground. The real work begins with each of us. Are you ready?

Copyright © 2016 by Juanita Holloway-Walters, All Rights Reserved

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YOU WANT TO BE AGGRAVATED AT SOMEONE?

I am working on a “From The Heart” series, and had not intended to post until I finished it. Today I saw some complaining about life, unions, and money, and just couldn’t resist THIS COMMENT:
Do you want to be aggravated at someone?
UNIONS are INTERNATIONAL, and being International have sold your jobs out of the country with the intention of bringing your salaries and benefits in line with the rest of the world – so it is their game – the Union and the International Business (ie. Crony Capitalism) all over the globe where they pocket the lions share.
IN CAHOOTS with government CAREER POLITICIANS who pass the laws and write the regulations (that no citizen actually votes for) that make them rich over and under the table.
BUST THE UNION –
BUST THE CAREER POLITICIAN – (with term limits for even dog catcher)
Who play the ignorant Americans like a fine fiddle, and have stolen their wealth
through the Unions, through the phony bubbles, through Crony Capitalism, through the propped up Stock Market.
EDUCATE YOURSELF AND PEACEFULLY RETURN CONTROL TO THE PEOPLE,
FIND OUT what real Capitalism is and strive for that,
AND stop believing every junk science that you are fed like global warming.
A handful of people have made massive fortunes on the junk science!
(DUH! The new age scientist will sell his soul for grants, and personal wealth. The ones who rise to the top are the soul sellers – yours and theirs.)
Our adult kids are pedaling so hard to keep up, they may not figure it out until they are all in the poor house.
MOST OF Our adult kids are without true faith – AND in the apostate church. The Mega Churches that tell them their sins are okay, and here are seven steps to being rich through faith . . . while the Mega Church becomes rich . . . well, we cannot say we weren’t warned. We were told to not be deceived.

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WE THE PEOPLE DO NOT OWE THE MONEY . . .

My dad explained it to me many years ago when I became politically aware – in the 70’s and 80’s. He had most of it right. I started to write it all down in one of my drill down reasoning – taking things to their lowest denominator – commentaries . . .

I believe that our Government has no business in the mortgage business (Freddie and Fannie), in the Post Office Business, in the college loan business, in the education business (talk about a conflict of interest!!), or in any business other than that of the common good of the states in such efforts such as our military.

IN THE PAST AND RECENTLY . . .
WHEN WE, the U.S. Government, PRINTED THE MONEY AND BOUGHT OUR OWN DEBT BACK – – –
(BECAUSE THE WORLD WAS DUMPING IT  I.e. China to name one big dumper
—- our U.S. BONDS OF DECREASING VALUE,
AND EVEN OTHER SINISTER U.S. VEHICLES OF DECREASING VALUE DEBT BUNDLING – LOL)
WE NO LONGER OWED THE DEBT.

In other words . . .
Sell debt (borrow money) —
Buy that debt back with money the Fed Printed and Passed to our Treasury Dept.-Government at zero interest, decreasing the value of the dollar while we were doing it again, and again, and again, and again — paid debt back, we no longer owe it.
(hehehe again, and again, and again, and again . . . QE1, QE2, QE3, QE4 . . .) Capiche?

FURTHER – because the people have largely been deceived by our government VIA Our United States Constitution – that we were taught in school – our U.S. Constitution, Article 1, under Section 8:  To coin Money, regulate the Value thereof, and of foreign Coin, and fix the Standard of Weights and Measures; —  We The People were deceived through our U.S. Government education that the Fed Was and Is part of the government, when rather it is a private corporation that pays no federal income taxes on their profits, nor does it have any audit by IRS or U.S. Government.

THAT is my drilled down explanation; BUT, IT IS ACTUALLY A LOT DEEPER AND MORE COMPLICATED THAN THAT — UNFORTUNATELY our Federally run schools have dumbed the American people down so much, that I do not know how many of you will understand the following information – mostly as my dad told me in his version, he drills down the ownership of the Federal Bank Corporation to about 5 or 6 families (hey, he may be right about that! And, I have reason to believe there may be one Triad Family – (Chinese Mafia) – now in that group – but what does this retired bean counter / operational KnitWit know?
(I made up the term KnitWit – someone who aids in taking a company or corporation from the red to the black with operational streamlining and sound bean counting policies.)

After many months of searching for the best explanation of what my dad had taught me so many years ago, I finally found it. It is an older publication, and it’s predictions regarding time frame have not seen complete fruit yet . . . and I like to think that you can thank about 3 to 4 million Americans slowing it down (out of appx. 250 million American adults) like me, and hopefully like Ted Cruz, who do understand, and will talk to just about anyone regarding our sound worries for the Republic of the United States of America’s Constitution that has been undermined from day one. America blindly turns the ship back in the right direction many times in her history – on instinct – and guided by a resurgence of our Constitution and the values of our Christian faith . . . WWII . . . and the American Civil War come to mind first. Today’s race baiters who fill up the airwaves and our nation’s capital FORGET how many millions of white Americans lost their lives fighting to end slavery, and how many white Baby Boomers raised their children to be color blind. While American’s are caught up in this false racial problem, and while our nation is willingly being dumbed down even further, the plan marches on for our demise.

Here is the link to the publication that explains everything. If you understand it, teach it to others today. If you do not understand it, find someone who does to explain it to you until you do understand it – and then teach it to others. Time is growing short to turn America back around in time to be the force for good she was intended to be, and has been many times when her people were united under, and giving our active allegiance to the U.S. Constitution.

http://theunjustmedia.com/Banking%20&%20Federal%20Reserve/The%20Federal%20Reserve%20is%20Privately%20owned.htm

In case something happens to that link . . . here it is copied over for you with no changes other than deleting multiple blank lines between paragraphs, adding Boldness to words, and adding highlights:

The Federal Reserve Is Privately Owned

by Thomas D. Schauf

“There is a self-satisfied dogmatism with which mankind at each period of its historycherishes the delusion of the finality of existing modes of knowledge.”

Alfred North Whitehead

Dear American:

Pursuant to your request, I will attempt to clear up questions you have about the Federal Reserve Bank (FED). I spent much time researching the FED and these are the shocking and revealing conclusions.

THE FEDERAL RESERVE BANK IS A PRIVATE COMPANY.

Article 1, Section 8 of the Constitution states that Congress shall have the power to coin (create) money and regulate the value thereof. Today however, the FED, which is a privately owned company, controls and profits by printing money through the Treasury, and regulating its value.

The FED began with approximately 300 people or banks that became owners (stockholders purchasing stock at $100 per share – the stock is not publicly traded) in the Federal Reserve Banking System. They make up an international banking cartel of wealth beyond comparison (Reference 1, 14). The FED banking system collects billions of dollars (Reference 8, 17) in interest annually and distributes the profits to its shareholders. The Congress illegally gave the FED the right to print money (through the Treasury) at no interest to the FED. The FED creates money from nothing, and loans it back to us through banks, and charges interest on our currency. The FED also buys Government debt with money printed on a printing press and charges U.S. taxpayers interest. Many Congressmen and Presidents say this is fraud (Reference 1,2,3,5,17).

Who actually owns the Federal Reserve Central Banks? The ownership of the 12 Central banks, a very well kept secret, has been revealed:

Rothschild Bank of London

Warburg Bank of Hamburg

Rothschild Bank of Berlin

Lehman Brothers of New York

Lazard Brothers of Paris

Kuhn Loeb Bank of New York

Israel Moses Seif Banks of Italy

Goldman, Sachs of New York

Warburg Bank of Amsterdam

Chase Manhattan Bank of New York

(Reference 14, P. 13, Reference 12, P. 152)

These bankers are connected to London Banking Houses which ultimately control the FED. When England lost the Revolutionary War with America (our forefathers were fighting their own government), they planned to control us by controlling our banking system, the printing of our money, and our debt (Reference 4, 22).

The individuals listed below owned banks which in turn owned shares in the FED. The banks listed below have significant control over the New York FED District, which controls the other 11 FED Districts. These banks also are partly foreign owned and control the New York FED District Bank. (Reference 22)

First National Bank of New York

James Stillman National City Bank, New York

Mary W. Harnman

National Bank of Commerce, New York

A.D. Jiullard

Hanover National Bank, New York

Jacob Schiff

Chase National Bank, New York

Thomas F. Ryan

Paul Warburg

William Rockefeller

Levi P. Morton

M.T. Pyne

George F. Baker

Percy Pyne

Mrs. G.F. St. George

J.W. Sterling

Katherine St. George

H.P. Davidson

J.P. Morgan (Equitable Life/Mutual Life)

Edith Brevour T. Baker

(Reference 4 for above, Reference 22 has details, P. 92, 93, 96, 179)

How did it happen? After previous attempts to push the Federal Reserve Act through Congress, a group of bankers funded and staffed Woodrow Wilson’s campaign for President. He had committed to sign this act. In 1913, a Senator, Nelson Aldrich, maternal grandfather to the Rockefellers, pushed the Federal Reserve Act through Congress just before Christmas when much of Congress was on vacation (Reference 3, 4, 5). When elected, Wilson passed the FED. Later, Wilson remorsefully replied (referring to the FED), “I have unwittingly ruined my country” (Reference 17, P. 31).

Now the banks financially back sympathetic candidates. Not surprisingly, most of these candidates are elected (Reference 1, P. 208-210, Reference 12, P. 235, Reference 14, P. 36). The bankers employ members of the Congress on weekends (nickname T&T club -out Thursday…-in Tuesday) with lucrative salaries (Reference 1, P. 209). Additionally, the FED started buying up the media in the 1930’s and now owns or significantly influences most of it Reference 3, 10, 11, P. 145).

Presidents Lincoln, Jackson, and Kennedy tried to stop this family of bankers by printing U.S. dollars without charging the taxpayers interest (Reference 4). Today, if the government runs a deficit, the FED prints dollars through the U.S. Treasury, buys the debt, and the dollars are circulated into the economy. In 1992, taxpayers paid the FED banking system $286 billion in interest on debt the FED purchased by printing money virtually cost free (Reference 12, P. 265). Forty percent of our personal federal income taxes goes to pay this interest. The FED’s books are not open to the public. Congress has yet to audit it.

Congressman Wright Patman was Chairman of the House of Representatives Committee on Banking and Currency for 40 years. For 20 of those years, he introduced legislation to repeal the Federal Reserve Banking Act of 1913.

Congressman Henry Gonzales, Chairman of a banking committee, introduces legislation to repeal the Federal Reserve Banking Act of 1913 nearly every year. It’s always defeated, the media remains silent, and the public never learns the truth. The same bankers who own the FED control the media and give huge political contributions to sympathetic members of Congress (Reference 12, P. 155-163, Reference 22, P. 158, 159, 166).

THE FED FEARS THE POPULATION WILL BECOME AWARE OF THIS FRAUD AND DEMAND CHANGE

We, the People, are at fault for being passive and allowing this to continue.

Rep. Louis T. McFadden (R. Pa.) rose from office boy to become cashier and then President of the First National Bank in Canton Ohio. For 12 years he served as Chairman of the Committee on Banking and Currency, making him one of the foremost financial authorities in America. He fought continuously for fiscal integrity and a return to constitutional government (Reference 1). The following are portions of Rep. McFadden’s speech, quoted from the Congressional Record, pages 12595-12603:

“THE FEDERAL RESERVE BOARD, A GOVERNMENT BOARD, HAS CHEATED THE GOVERNMENTOF THE UNITED STATES AND THE PEOPLE OF THE UNITED STATES OUT OF ENOUGH MONEY TO PAY THE NATIONAL DEBT.

The depredations and the iniquities of the Federal Reserve Board and the Federal Reserve banks acting together have cost this country ENOUGH MONEY TO PAY THE NATIONAL DEBT SEVERAL TIMES OVER.”

About the Federal Reserve banks, Rep. McFadden said, “They are private credit monopolies which prey upon the people of the United States for the benefit of themselves and their foreign customers; foreign and domestic speculators and swindlers; the rich and predatory money lenders. This is an era of economic misery and for the reasons that caused that misery, the Federal Reserve Board and the Federal Reserve banks are fully liable.”

On the subject of media control he state, “Half a million dollars was spent on one part of the propaganda organized by those same European bankers for the purpose of misleading public opinion in regard to it.”

Rep. McFadden continued, “Every effort has been made by the Federal Reserve Board to conceal its power but the truth is the Federal Reserve Board has USURPED THE GOVERNMENT OF THE UNITED STATES. IT CONTROLS EVERYTHING HERE AND IT CONTROLS ALL OUR FOREIGN RELATIONS. IT MAKES AND BREAKS GOVERNMENTS AT WILL.

No man and no body of men is more entrenched in power than the arrogant credit monopoly which operates the Federal Reserve Board and the Federal Reserve banks. These evil-doers have robbed this country of more than enough money to pay the national debt. What the Government has permitted the Federal Reserve Board to steal from the people should now be restored to the people.”

“Our people’s money to the extent of $1,200,000,000 has within the last few months been shipped abroad to redeem Federal Reserve Notes and to pay other gambling debts of the traitorous Federal Reserve Board and the Federal Reserve banks. The greater part of our monetary stock has been shipped to foreigners. Why should we promise to pay the debts of foreigners to foreigners? Why should American Farmers and wage earners add millions of foreigners to the number of their dependents? Why should the Federal Reserve Board and the Federal Reserve banks be permitted to finance our competitors in all parts of the world?” Rep. McFadden asked.

[Juanita here to interject a thought . . . Do you understand why the American farmer and industrialist has been regulated out of business by our own government/elected officials actually funded by who?]

“The Federal Reserve Act should be repealed and the Federal Reserve banks, having violated their charters, should be liquidated immediately.

FAITHLESS GOVERNMENT OFFICERS WHO HAVE VIOLATED THEIR OATHS SHOULD BE IMPEACHED AND BROUGHT TO TRIAL”, Rep. McFadden concluded (Reference 1, contains an entire chapter on Rep. McFadden’s speech).

If the media is unbiased, independent and completely thorough, why haven’t they discussed the FED? Currently, half the states have at least a grass roots movement in action to abolish the FED, but there’s no press coverage. In July, 1968, the House Banking Subcommittee reported that Rockefeller, through Chase Manhattan Bank, controlled 5.9% of the stock in CBS. Furthermore, the bank had gained interlocking directorates with ABC.

In 1974, Congress issued a report stating that the Chase Manhattan Bank’s stake in CBS rose to 14.1% and NBC to 4.5% (through RCA, the parent company of NBC). The same report said that the Chase Manhattan Bank held stock in 28 broadcasting firms. After this report, the Chase Manhattan Bank obtained 6.7% of ABC, and today the percentage could be much greater. It only requires 5% ownership to significantly influence the media (Reference 14, P. 56-57). This is only one of 300 wealthy shareholders of the FED. It is believed other FED owners have similar holdings in the media. To control the media, FED bankers call in their loans if the media disagrees with them (Reference 25, P. 134-137).

Rockefeller also controls the Council on Foreign Relations (CFR), the sole purpose of which is to aid in stimulating greater interest in foreign affairs and in a one world government. Nearly every major newscaster belongs to the Council on Foreign Relations. The Council on Foreign Relations controls many major newspapers and magazines. Additionally, major corporations owned by FED shareholders are the source of huge advertising revenues which surely would influence the media (Reference 14, P. 56-59). It can be no wonder why groups such as FED-UP™ receive minimal, if any, press attention.

How do taxpayers stop financing those whose purpose it is to destroy us? First, expose their activity, then demand change.

THE SOLUTION:

 

Currently all we do is exchange FED money (interest attached) for real U.S. money (interest-free) dollar for dollar as Kennedy tried to do. We should not be required to pay interest on our own currency. According to Benjamin Franklin, this was one of the primary reasons we fought the Revolutionary War. Today we are still fighting the same family of bankers (Reference 4, Reference 1, P. 211, 212).

 

The U.S. Government can buy back the FED at any time for $450 million (per Congressional record). The U.S. Treasury could then collect all the profit on our money instead of the 300 original shareholders of the FED. The $4 trillion of U.S. debt could be exchanged dollar for dollar with U.S. non- interest bearing currency when the debt becomes due. There would be no inflation because there would be no additional currency in circulation. Personal income tax could be cut if we bought back the FED and therefore, the economy would expand. According to the Constitution, Congress is to control the creation of money, keeping the amount of inflation or deflation in check. If Congress isn’t doing their job, they should be voted out of office. Unfortunately, voters can’t vote the FED or its Chairman out of office.

 

If the government has a deficit, we could handle it as Lincoln and Kennedy did. Print money and circulate it into the economy, but this time interest-free. Today the FED, through foreign banks, owns much of our debt and therefore controls us. The FED will cease to exist as taxpayers become informed and tell other taxpayers. The news media and Congress will have no choice but to meet the demands of grass roots America. (Reference 1, P. 17, 22)

AMERICA DECEIVED

By law (check the Congressional record), we can buy back the FED for the original investment of the FED’s 300 shareholders, which is $450 million (Reference 1, P. 227, Reference 17, P. 36). If each taxpayer paid $25, we could buy back the FED and all the profit would flow into the U.S. Treasury. In other words, by Congress allowing the constitutionally illegal FED to continue, much of your taxes go to the shareholders of the FED and their bankers. Note: The people who enacted the FED started the IRS, within months of the FED’s inception. The FED buys U.S. debt with money they printed from nothing, then charges the U.S. taxpayers interest. The government had to create income tax to pay the interest expense to the FED’s shareholders, but the income tax was never legally passed (Reference 20 shows details, state-by-state why it was not legally passed). The FED is illegal, per Article 1, Section 8 of the United States Constitution. Not one state legally ratified the 16th Amendment making income tax legal.

Currently, fewer and fewer Americans are being convicted for refusal to pay income taxes. In IRS jury trials, the jury, by law, must decide if the law is just. If taxpayers do not believe the law is just, the jury may declare the accused innocent. Judges are legally bound to inform juries of their right to determine the fairness of a law. Judges often do not disclose this information so they can control the court outcome. Luckily, more and more citizens are becoming informed. If one juror feels the law is unfair, they can find the defendant innocent (Reference 19). In Utah, the IRS quit prosecuting taxpayers because jurors verdict is not guilty. Please tell your friends and sit in the next jury.

If we eliminate the FED and uphold the Constitution, we could balance the budget and cut personal income tax to almost nothing. In Congressional hearings on September 30, 1941, FED Chairman Eccles admitted that the FED creates new money from thin air (printing press), and loans it back to us at interest (Reference 17, P. 93). On June 6, 1960, FED President Mr. Allen admitted essentially the same thing (Reference 22, P. 164). If you or I did this we would go to jail.

It is time to abolish the FED! Tell your friends the truth and win America back. We don’t even need to buy back the FED. We only need to print money the way the Constitution requires, not the new proposed international money. We want to keep our sovereignty and print real U.S. money.

Why has Congress allowed the FED to continue? If a Congressperson tries to abolish the FED, the banks fund the Congressperson’s opponent in the next election (Reference 17, P. 35). The new Congressperson will obviously support the FED. When Congresspeople retire, political campaign funds are not taxed. Get elected and be a millionaire if you vote right. By the way, the profit of the FED is not taxed either (Reference 1, 9). Once America understands, and takes action, Congresspeople will then gladly abolish the FED. In 1992, Illinois Congressman Crane introduced a bill, co-sponsored by 40 other Congressman, to audit the FED. This is a step in the right direction.

America is a great nation. As “We the People” become informed, the media and Congress will be forced to buy back the FED, balance the budget, significantly cut taxes, and stop allowing bribes to determine voting strategies. I have already heard from politicians who claim they will change their platform to include abolishing the FED if enough people become informed.

[Juanita here – Americans are a great people who give in unprecedented amount to charity – even if you do not count all the money our government takes from us and gives to others. As we become less free, this is dwindling.]

IT IS UP TO YOU TO INFORM THE PEOPLE.

The FED hopes you will be passive and not act on this information. We believe in grass roots America – we are waking up America. Ultimately, the battle plan is to inform all Americans and demand change in the media and Congress. True Americans should run for office and throw out the politicians who allow this fraud to continue. Congress may refuse to deal with this issue. That’s why each person needs to go to their local county/state government with the proper paperwork and ask them to abolish the FED. With the proper documents, they are legally obligated to do it.

WE NEED LEADERS TO BEGIN THIS ACTION. WILL YOU HELP?

Consider this fact. Most of the given sources in this booklet show how the blood line of family bankers who own the FED funded both sides of all major wars. They created fake colonial money to destroy the Americans during the Revolutionary War and tried to finance both sides in the American Civil War. Abraham Lincoln refused and the South accepted. Many publications show that these bankers financed World War I, World War II, and the Russian Revolutionary War, which helped Napoleon, Lenin, and Hitler come to power. They financed both sides from money created from nothing and profited greatly. These same bankers created a number of American depressions to change the U.S. legislation and seize our wealth. Read the sources for details. This is why our forefathers wrote in the Constitution that only Congress can issue money – not private banks (Reference 18).

More wars create more debt which means more profit to the bankers (Reference 1, 21). These bankers planned three world wars so people would welcome United Nations intervention to govern the world in peace, not war. (Reference 22 gives specific details on World War I and World War II, showing exactly how the bankers were responsible for the beginning and continuation of these wars for their profit).

The banks have publicly announced they will force us to a cashless society by 1997. Furthermore, they plan to create a one world government through the United Nations headed by the FED, Trilaterals, and the Council on Foreign Relations (Reference 3). By the definition of treason, they have committed treason! This means you lose your rights under the Constitution and Bill of Rights. Does this sound far fetched? Twenty-four U.S. Senators (two of them presidential candidates, Harkin & Tsongas) and 80 Representatives have signed a “Declaration of Interdependence.” This Declaration, designed to make a one world government, is treason to the oath of office they took. The media remained silent. The FED announced publicly that their first objective was to get nationalism out of the American people’s heads because patriotism to a country would not be of value in the future. The media makes us think the U.N. has all the answers, and to “think globally.” Congress passed a law stopping certain individuals from being tried for this treason (Reference 6, Reference 1, P. 191-198). Why pass this law if no treason was committed? State Department document 7277 calls for the disarming of America, thus turning our sovereignty over to a one-world government. Again, the media is pushing to eliminate guns. Our forefathers believed that the right to bear arms would prevent a takeover of our government. History shows that before any government took over, they disarmed the citizens. Hitler did it, and before our Revolutionary War, King George told us to disarm – good thing we didn’t!

Under the Federal Reserve Bank Act, the bankers control our economy. The FED controls interest rates and the amount of money in the economy. These factors determine either economic prosperity or the lack thereof. Bankers are now pushing for a one world government and a cashless society. Why cashless? No cash means no money for drugs, no theft, and the ability to collect taxes on the underground economy. Anyone who wouldn’t support a cashless society must be a drug dealer, thief, or tax evader, right? What a cashless society really means is the banks can now control you. Today you fear the IRS. In a cashless society, if you disagree with the bankers’ political goals, you’ll find your money gone via computer error. (For additional information on a cashless society, read Reference 13, P. 174; Reference 3; Reference 14, P. 9-12; Reference 15, P. 136; Reference 25, P. 216).

If you could accurately predict future interest rates, inflation and deflation, you would know when to buy or sell stocks and make a bundle of money. The FED has secret meetings (per Congressional Record) to determine future interest rates and the amount of money to be printed. The Securities Exchange Commission (SEC) by law, stops insiders from profiting by privileged information. Congressional records prove that FED bankers routinely hold secret meetings to profit by manipulating the stock market via interest rates and the amount of money they create. FED bankers also profit greatly from economic disasters like the Depression (Reference 22, P. 56). The bankers create inflation, sell their stocks before the market crashes, then buy up stocks at cheaper prices. Bankers admitted this to Congress. This violates the law, yet Congress does not act because these bankers are large political contributors (Reference 17, P. 96-98; Reference 1, P. 162-163; Reference 22, P. 114-170 & P. 136). Thomas Jefferson predicted this scenario if we ever allowed a private bank, like the FED, to create our currency (Reference 1, P. 247).

FED Chairman Burns states “Killing can be made simply by knowing the next few months newspapers ahead of time.” Congressman Patman said “The FED officials own more than 100 million dollars (of stocks) while making decisions influencing these stock prices…” (Reference 24, P. 123). History proves that banks profit from bankrupting a nation (Reference 22, P. 56).

Congress consistently defeats balanced budget amendments. In the past 30 years, Congress has raised our taxes 56 times and balanced the budget only once. We need the sound banking system our forefathers wanted us to have. History proves that banking systems like the FED don’t work. Major world powers have been destroyed over similar banking systems (Reference 1). If we don’t change this system NOW, in five years the only thing our taxes will pay is the interest on the national debt.

Section 7 of the Federal Reserve Act, passed December 23, 1913, states that much of the profit of the FED should flow into the U.S. Treasury. In 1959, new legislation allowed the FED to transfer bonds to commercial banks at no cost to the bank. Now the FED receives less interest income and less profit for the U.S. Treasury because the money is diverted to other banks through an accounting entry (Reference 17, P. 115-130). Congress and the IRS do not have access to the financial records of the FED. Every year Congress introduces legislation to audit the FED, and every year it is defeated. The FED banking system could easily be netting 100s of billions in profit each year. Through “creative accounting” profit can easily be reclassified as expense (Reference 14, P. 20, Reference 17, P. 239). Within the first few years, the shareholders of the FED received their initial investment back with no risk. All the income is tax-free, except for property tax, according to the Federal Reserve Act. When are the profits of the FED going to start flowing into the Treasury so that average Americans are no longer burdened with excessive, unnecessary taxes? Clearly, Congress cannot or will not control the FED. IT IS TIME TO ABOLISH IT!

3 WAYS TO ABOLISH THE FED AND ISSUE MONEY PER THE UNITED STATES CONSTITUTION, ARTICLE 1, SECTION 8:

* Buy back the FED and have the U.S. Government collect all profits.

* Abolish the FED by printing real U.S. dollars as President Kennedy attempted (Executive Order 11.110, 1963) (Reference 4).

* Request your county/state to use their Constitutional powers to abolish the FED. This is the BEST SOLUTION. Nearly half the states are attempting or considering this action (Reference 5). Congress has had 80 years to follow the Constitution, and has refused to abolish the illegal FED. The state/county effort is working faster than any other method. We need your support to start a local chapter of FED-UP(tm) Inc. and petition your county.

THE WRONG SOLUTION THAT HAS FAILED FOR 80 YEARS:

Congress and the media may want to require the FED to return the required profits into the U.S. Treasury (per the Federal Reserve Act, 1913). The problem is that with “creative accounting” techniques, profit can be easily masked as expense. The FED has expensed items illegally to lower profit (Reference 17).

“We the People” have pushed the following states to pass or introduce legislation calling for an end to the FED: Arizona, Washington, Arkansas, Idaho, Oregon, Indiana, and Texas. We still need your signatures on petitions, even if you live in these states. Many other states are considering such action due to your petitions. These states and a few honest Congresspeople are powerless until all Americans become informed and demand change. Please pass out the petition. Once we demand change, the media will have to report the whole truth and not just push their own agenda. FED-UP(tm) challenges the media to expose the facts on prime time talk shows or news programs.

By abolishing the FED, we would not pay interest on Federal Reserve Notes. Until it is abolished, the FED has a monopoly on profit on our currency and whether our money supply will be increased or decreased, inflation or depression. The banks are capable of controlling business by controlling who can or cannot obtain a loan.

WE’VE DONE OUR PART – NOW IT IS UP TO YOU TO SPREAD THE WORD. Please take the brochure (Cutting taxes $6,000 per family per year) to VFW, Moose/Elk Lodges, Bars, Union Halls, Churches, and Association groups. Make copies of the “single-page” brochure for everyone at work and ask your friends to do the same. Ask small business owners in your community to tell other business owners and spread the brochure and petition through the local Chamber of Commerce. CPAs should be interested in saving their clients taxes. Ask your CPA to mail the brochure and petition out to his/her clients. Upon receiving this petition, many presidents of large corporations made this brochure and petition available to all employees. Once people are informed, we can force a change. People will have more money to spend, the economy will be strong, and we can keep our Constitutional rights, liberties, and freedoms.

[Juanita here: Now I understand why the VFW, Moose, Elk Lodges, and Churches became infiltrated with those that have done much to end them. These organizations all had huge membership in the 50’s and 60’s – AND they all participated in Patriotic and Locally Charitable activities.]

Contact your library for the names and addresses of your local and federal Congresspeople. MAIL THEM AN ENVELOPE WITHOUT YOUR NAME AND ADDRESS ATTACHED. In the envelope, say “FED-UP(tm) Inc. Abolish the FED.” Also enclose one teabag (Boston Tea Party). Ask your friends to do the same (give them the addresses). Politicians are aware of the “Teabag Protest.” If you don’t mail it in, they’re going to believe that we’re not organized or we just don’t care. IF YOU DON’T DO IT NO ONE ELSE WILL!

Many Congresspeople want to make this change, but can’t without the support of the people.

WHY OUR FOREFATHERS FOUGHT THE FED

“Allow me to control the issue and the nation’s money and I care not who makes its laws!” The above quote has long been attributed to the 18th century banker Amshell Rothschild (his blood line controls the FED). For if one unscrupulous group is allowed to print a nation’s money – it can eventually use that money to gain control of the press AND the politicians – and thus gain control of making the nation’s laws – and finally – control of the nation itself. (Reference 4)

If you will take the time to read the reference material listed which has been researched by Professors of Universities, Congresspeople, etc, you will turn up information that might frighten you. For instance, in 1921 the stockholders of the Federal Reserve financed an organization called the “Council on Foreign Relations” (CFR). Harpers magazine called this the most powerful organization in the United States. Ninety percent of the people in the State Department and key positions in the Executive Branch are members of the CFR. The CFR publishes a magazine called “Foreign Affairs.” Read it if you want to know what is going to happen in coming years. The CFR is in favor of a New World Order (Reference 3).

Congressman Patman re-quoted Thomas Jefferson showing that our founding fathers knew this banking principle very well. “I believe that banking institutions are more dangerous to our liberties than standing armies….” “Already they have raised up a money aristocracy that has set the government at defiance. The issuing power (of money),” he said, “should be taken from the banks and restored to the people to whom it properly belongs.” The American Revolution was a struggle to wrest control of wealth from the Bank of England and to restore the centers of power to the People where it “properly belongs.” The Constitution is specific about the authority of the People, through their elected officials, to control the money, and thus, the affairs of their government. (Reference 5, P. 32).

[Juanita here: Not ONLY wrest power from the Bank of England BUT ALSO from the Church of England. Those who came to America wanted to study the Bible for themselves, and belong to the Christian church of their choice. Yes, some were not Christian, but the massive majority were Christian.]

Ben Franklin said in his autobiography that the inability of the colonists to get the power to issue their own money permanently out of the hands of George III and the international bankers was [one of] the PRIME reason[s] for the Revolutionary War. (Quoted in Reference 4)

Thomas Jefferson stated, “If the American people ever allow private banks to control the issue of currency, first by inflation, then by deflation, the banks and corporations that will grow up around them will deprive the people of all property until their children will wake up homeless on the continent their fathers conquered.” (Reference 1, P. 247)

Congressman Charles A. Lindbergh of Minnesota said: “This [Federal Reserve] Act establishes the most gigantic trust on Earth. When the President [Wilson] signs this bill, the invisible government of the Monetary Power will be legalized… the worst legislative crime of the ages, perpetuated by this banking and currency bill.” (Reference 5, P. 33)

Robert H. Hemphill (Credit Manager, Federal Reserve Bank in Atlanta): “We are completely dependent on the commercial banks. Someone has to borrow every dollar we have in circulation, cash, or credit. If the banks create ample synthetic money we are prosperous; if not, we starve. We are absolutely without a permanent money system. When one gets a complete grasp of the picture, the tragic absurdity of our hopeless position is almost incredible, but there it is. It [the banking problem] is the most important subject intelligent persons can investigate and reflect upon. It is so important that our present civilization may collapse unless it becomes widely understood and the defects are remedied very soon.” (Reference 1, P. 247)

Napoleon, a sympathizer for the international bankers, turned against them in the last years of his rule. He said: “When a government is dependent upon bankers for money, they and not the leaders of the government control the situation, since the hand that gives is above the hand that takes… Money has no motherland; financiers are without patriotism and without decency; their sole object is gain.” (Reference 4)

Congresspeople have referred to Federal Reserve Notes as “FIAT” (no- backing) money. (Reference 1, P. 128, 169)

In 1879 the Supreme Court declared that the U.S. Government can legally issue United States Notes, debt and interest-free, just as Lincoln and Kennedy attempted. (Reference 1, P. 233)

A bank that attempted to repossess property on the basis of default faced Judge Mahoney in a jury trial. Jerome Daly was found innocent. The bank could not foreclose on the property because it created the loan money from thin air, as many banks do. Use this as a precedent the next time any bank tries to foreclose on your house. (Reference 17, P. 82, 83 for court records)

The FED violates Security & Exchange Commission (SEC) rules. (Reference 17, P. 96-98)

California 9th Circuit Court declared FED banks are private, not government. (Reference 17, P. 273)

Mr. Marriner Eccles, who was Chairman of the board of Governors of the Federal Reserve System longer than any other man, testified before the Joint Economic Committee in August 1962. When Chairman Rep. Wright Patman asked whether it was not a fact that the Federal Reserve System has more power than either the Congress or the President, Eccles replied: “In the field of money and credit, yes.” (Reference 1, P. 206)

Dr. Hans F. Sennholz, Chairman of the Department of Economics at Grove City (PA) College stated: “The Federal Reserve System facilitates the government’s own inflationary financing in “periods of emergency.” It makes easy the inflationary financing of budget deficits and the inflationary refunding of government loans. It stabilizes the government bond market through inflationary methods and manipulates this market to the advantage of the government. It does all this by wrecking the purchasing power of the dollar; by subtly stealing from the people of this country what it thus provides for the government, through a process exactly on par with the coin clipping of ancient kings but much less visible.” (Reference 1, P. 250, 251)

Source: Banking Act of 1935, Hearings before a Subcommittee of the Banking and Currency Committee, U.S. Senate, 74th Congress, 1st Session, on S.1715, May 1935, pp 871-2. “The Federal Reserve System is in the wrong hands. No Constitutional republic can function when the government’s money powers are in the hands of the financial oligarchy such as New York financiers.

A Republican Senator, who preferred to remain unnamed, stated: “Congress is too much motivated by fears and anxieties concerning pressure groups and the “non election.” (Reference 1, P. 210)

By controlling Congress, the FED has been able to control the nominating conventions of both political parties. In this way, it has been able to hand-pick the presidential nominees so that no matter which party wins, their nominee for President is under definite obligations to the FED… (Reference 1, P. 210; Reference 22)

In 1975, the Rockefeller Foundation Report discussed the “Interdependence” of the countries of the world on each other. It stated we are one world and America shall become a nation-state under one government. They also say we must reach a zero state population growth. The Rockefeller Foundation stated that they have in excess of 747 million dollars to achieve this with. (Reference 3)

Congressman John R. Rarick states that the Council on Foreign Relations CFR) is dedicated to a one world government. The media remains conspicuously quiet. The CFR wants to convert the U.S. from a sovereign, constitutional republic into a servile member state of a one world dictatorship. On February 17, 1950, CFR member James Warburg (banker, and architect of the Federal Reserve System) stated before a Senate Foreign Relations Committee, “We shall have one world government whether or not you like it, by conquest or consent.” Again, the media remained silent. In the April 1974 issue of the CFR journal, “Foreign Affairs”, page 558, Richard Gardener states that the new world order “will be built… but an end run around national sovereignty, eroding it piece by piece, will accomplish much more than the old fashioned frontal assault.” Congressman McDonald, Heinz and Tower stated that this is a conspiracy. Again, the media remained silent. (Reference 14, P. 17, 18, 32, 33).

THE CFR WANTS TO ABOLISH THE CONSTITUTION. (Reference 14) WE MUST STOP THEM!!

In a letter to Thomas Jefferson, John Adams wrote: “All the perplexities, confusions, and distresses in America arise, not from defects in the Constitution or confederation, not from want of honor or virtue, as much as from downright ignorance of the nature of coin, credit, and circulation”.

British bankers have stated “Those that create and issue money and credit direct the policies of government and hold in their hands the destiny of the people”. (Reference 1, P. 200-214)

Adams, Jefferson, and Lincoln believed that banker capitalism was more dangerous to our liberties than standing armies. In a republic, banks would lend money but could not create or manufacture it. (Reference 1, P. 215)

Later, Jefferson used stronger language and denounced the institution as “one of the most deadly hostilities against the principles and form of our Constitution.” Some have said that Jefferson did not favor a strong central bank. What he did not favor was the delivery of our monetary system into private hands to be run for private profit. (Reference 1, P. 230)

President James A. Garfield said: “Whoever controls the money in any country is absolute master of industry [legislation] and commerce”. (Reference 1, P. 247, Reference 4)

Without the Federal Reserve System, there can be no continuing march towards socialism, and with it there can be no free economy. (Reference 1, P. 251)

By controlling our own money, Thomas Jefferson expected that the government would incur no debt, as had occurred in the European system. (Reference 1, P. 243) European banks are like the FED.

The FED system is the death of our Constitution. (Reference 1, P. 250)

THE PLAN TO REDUCE PERSONAL INCOME TAX BY 75% AND BALANCE THE BUDGET BY ABOLISHING THE FED CAN BE PROVEN BY AMERICAN HISTORY.

THE FACTS

* England lost the Revolutionary War.

* England nearly destroyed the Colonies by creating fake Colonial money and hyper-inflation.

* Rothschilds who control the Bank of England (Like our FED) said that by controlling the issue of money (printing it) you can control the government.

* The authors of the Constitution understood private banks” control over governments. The Constitution gives only Congress the right to print money.

* From the beginning of the United States to present there have been two ways to issue new currency:

The first way is to have the government print the money, debt and interest- free, and circulate it through the economy for use as a medium of exchange. There is no tax levied to pay interest on the currency in circulation because it is debt and interest-free. This is the system Lincoln used with his “greenbacks”, a system Kennedy desired, and Jefferson demanded.

The second method is: The Citizens allow the bank to print $500 billion in currency (cash). The bank pays for printing costs, ink, and paper. The Citizens do not charge the bank any interest for use of the $500 billion in printed currency. The bank uses the $500 billion cash to buy a $500 billion government bond which pays the bankers interest. The bank keeps some of the bonds and sells, for a fee (10%), some of the bonds to the public. The bank can buy back the bonds from the public simply by printing more money. The bankers can create inflation and depressions by manipulating the amount of currency in circulation. The FED operates exactly like this today. It also prints money (through the U.S. Treasury) and uses this printed money to buy loans from other banks. This money has created our inflation. We give the bank cash interest-free, then they charge us interest on our own currency.

Take a look at our history in view of the two banking systems:

BEN FRANKLIN – THE TWO BANKING SYSTEMS

From the autobiography of Ben Franklin as reported by Gertrude Coogan in Money Creators:

…the inability of the colonists to get the power to issue their own money permanently out of the hands of George III and the international bankers was the PRIME reason for the Revolutionary War. (Reference 4).

Ben Franklin answering a question about the booming economy of the young colonies: “That is simple. In the colonies we issue our own money. It is called Colonial Scrip. We issue it in proper proportions to the demands of trade and industry.” (Colonial Scrip had no debt or interest attached.) (Reference 4)

BANK OF AMERICA

International bankers saw that interest-free scrip would keep America free of their influence, so by 1781 banker-backed Alexander Hamilton succeeded in starting the Bank of America. After a few years of “bank money”, the prosperity of “Colonial Scrip” was gone. Benjamin Franklin said, “Conditions were so reversed that the era of prosperity had ended and a depression set in to such an extent that the streets of the Colonies were filled with the unemployed!” Bank money was like our FED money. It had debt and interest attached. By 1790 Hamilton and his bankers had created a privately owned central bank and converted the public debt (interest-free) into interest bearing bonds, payable to the bankers. When Hamilton’s bank charter expired in 1811, the international bankers started the war of 1812. By 1816, another privately-owned U.S. bank was started with $35 million in assets – only $7 million of that was owned by the government. This bank lasted for 20 years. U.S. history shows that currency with debt and interest attached created a depression. (Reference 4)

ANDREW JACKSON – A GREAT PRESIDENT!

When the 1816 charter expired in 1836, Andrew Jackson vetoed its renewal. It was then that he made two famous statements: “The Bank is trying to kill me – but I will kill it!” Later he said “If the American people only understood the rank injustice of our money and banking system – there would be a revolution before morning…” (Reference 4)

ABRAHAM LINCOLN – ANOTHER GREAT PRESIDENT!

 

President Lincoln needed money to finance the Civil War, and the international bankers offered him loans at 24-36% interest. Lincoln balked at their demands because he didn’t want to plunge the nation into such a huge debt. Lincoln approached Congress about passing a law to authorize the printing of U.S. Treasury Notes. Lincoln said “We gave the people of this Republic the greatest blessing they ever had – their own paper money to pay their debts…” Lincoln printed over 400 million “Greenbacks” (debt and interest-free) and paid the soldiers, U.S. government employees, and bought war supplies. The international bankers didn’t like it and wanted Lincoln to borrow the money from them so that the American people would owe tremendous interest on the loan. Lincoln’s solution made this seem ridiculous. (Reference 1, P. 46, 47; Reference 4)

 

Shortly after Lincoln’s death, the government revoked the Greenback law which ended Lincoln’s debt-free, interest-free money. A new national banking act was enacted and all money became interest bearing again. (Reference 4)

The late Thomas A Edison explained the matter of issuing currency this way: “If our nation can issue a dollar bond (interest bearing) it can issue a dollar bill (interest-free). The element that makes the bond good makes a bill good also. The difference between the bond and the bill is that the bond lets money brokers collect twice the amount of the bond and an additional 20 percent, whereas the currency pays nobody but those who contribute directly in some useful way. It is absurd to say that our country can issue $30 million in bonds and not $30 million in currency. Both are promises to pay: But one promise fattens the usurers (interest collectors) and the other helps the people.” (Reference 1, P. 46)

The FED is owned largely by foreign banks that control our economy and Congress through the power of money and the media which they bought with profits generated with profits generated by artificial debt.

If we can convert U.S. dollars that are debt and interest-free to interest bearing currency, we can change it back just as easily. Both the media and the banking system will probably claim that such a change will cause hyper- inflation. The answer however, can be found in history. Lincoln printed debt and interest-free Greenbacks (cash) to finance an entire war. With added production you can add currency without having hyper-inflation. Lincoln proved it. John F. Kennedy – a President with vision! On June 4, 1964, President Kennedy issued Executive Order 11110. This Executive Order called for the issuance of new currency – the United States Note. At the time, $4,292,893 of this currency was put into circulation. This new currency was to be distributed through the U.S. Treasury and not the Federal Reserve System. Furthermore, it was to be issued debt and interest-free. Upon Kennedy’s assassination, this currency was withdrawn from circulation, never to be issued again. The media remained silent on how Kennedy would have eliminated the debt and interest payments, and therefore eliminated the FED. Interest-free United States Notes do not result in hyper-inflation. By issuing United States Notes, interest-free, we have less interest expense, and less taxes. With less taxes people spend more and buy more. This result is added production, and therefore, you can add dollars without inflation. Either Rockefeller and his people will spend your tax money into the economy or you get to spend your own money by paying less taxes. The bankers want you to think you’ll have mass inflation by changing the system. This is only true if you add dollars to the economy without added production. For example, look what happened in post World War I Germany. They merely printed money without increasing production. The result was hyper-inflation. Another example: In the entire economy, if you have only 10 loaves of bread and only $10, each loaf would sell for $1. If you print an extra $10, now you have $20 and the 10 loaves which would sell for $2 each. This is only true if we don’t have added production. By cutting taxes, people will spend more and buy more bread. If we print more money and bake more bread, we have $50 and 50 loaves, so each loaf still sells for $1. As long as you monitor production with increased cash, inflation will not occur. Under the FED system, the price of bread has dramatically increased since 1913. If we cut taxes and YOU spend your money instead of the BANKERS spending it, you will have more bread, cars, and wealth than the bankers. SOMEONE will spend your money – it might as well be YOU!

A FED-like banking system has destroyed other governments. In five years the only thing taxes will pay is the interest on the debt. Clearly, the FED must be abolished before we’re demolished! Already laws are set up to have a dictatorship when we have the economic crisis (Federal Emergency Management Act, or FEMA).

Under the FED system, when a new dollar is issued, we pay taxes to pay for the dollar as the principal (debt) plus interest on the dollar. We pay for each new dollar twice, and who gets most of the money? The bankers, who control this money. Taxpayers should only pay taxes for the paper, ink, and printing costs of new money. Why should we give bankers the right to print money on a printing press, charge them no interest on this money, and then let them exchange their “free” money for a government bond that pays them interest??

England never gave up on owning the United States. They are still silently fighting the same Revolutionary War. The Bank of England, through the Rothschilds, owns and controls the FED (Reference 22). We have been robbed of our wealth, and in five years we will be bankrupt if there is no change. The FED bankers will LEGALLY OWN OUR NATION; OUR HOUSES, OUR CARS, OUR BUSINESSES, just as Thomas Jefferson predicted.

SPECIFIC PLAN: HOW TO GET OUT OF DEBT

U.S. history proves that issuing debt and interest-free currency allows our economy to prosper, as long as Congress controls the amount of money created. You can add printed dollars into the economy as you add production, and there will be no inflation. With today’s sophisticated computers, we can easily monitor the printing of money and inflation.

Congress needs to buy back the FED and/or abolish it. Any government debt they own would be automatically eliminated. All remaining debt could be paid as needed with the same type of currency Kennedy issued (debt and interest-free United States Notes). United States Notes are backed by the full faith of the best government in the world – The United States of America. This is no different than the backing of today’s Federal Reserve Notes. U.S. citizens collect only a small fraction of the interest income on Federal Bonds and Bills. Foreigners benefit from this interest, but we pay the tax so that they collect interest on our currency. This makes sense to bankers and Congresspeople who receive money from bankers and foreign lobbyists.

As we pay less interest, government spending will decrease and so will taxes. Less taxes mean that people buy more goods and services and our economy expands. An expanded economy means more jobs and higher profits for businesses. More profit means increased state/federal business taxes. Businesses continue to pay taxes while personal taxes decrease. People will have more money to spend, will buy more, and therefore pay increased state sales tax. This allows the states to balance their budgets without raising real estate taxes. As history proves, we will prosper.

For 80 years the FED has destroyed our economy. It will take years to undo this damage. Just as Congress appoints a Postal Service, we will have Congress appoint an agency to monitor inflation as we exchange our retiring government debt for debt and interest-free United States Notes (cash). We need to break up all Central Banks created by the FED and return to the Constitution of the United States. We have to return the power of the citizens’ money back to the people.

THERE ARE SEVERAL SIMPLE WAYS TO ABOLISH THE FED:

* Inform all Americans of this report and collect signatures on the petition.

* Demand that Congress and the media support “We the People’s” rights to uphold the Constitution and abolish the illegal FED.

* Write to your local newspaper, show them this report and ask them to keep freedom of the press alive, support the Constitution and abolish the FED. Freedom of the press should not be limited to those who own it.

* Write to CNN and other media. Tell them you want to see FED-UP(tm) on their programs.

* Ask your State/County Representatives to use their Constitutional powers to enforce your rights under the Constitution to have the FED abolished. Write to Reference 5 for detailed paperwork to be given to your local government.

* Call in on TV and radio talk shows and discuss why the FED should be abolished.

* Support businesses who distribute the petition and display the sign “FED-UP”. If they don’t, please ask them to.

* Ask candidates if they plan to introduce legislation to abolish the FED and uphold the Constitution which they are obligated to defend. Make candidates take a stand! Have the politician sign a contract with “We the People” enacting legislation to abolish the FED by a certain date or the politician must resign from office. The Democratic Congress and President promised the people “no FED” before the election. Thirteen months later, they passed the FED.

* Display your bumper sticker to show support and inform people.

* If 5,000 people distribute 2-3 brochures daily, we can inform half a million Americans monthly. Roughly 10% of these half a million people will make copies and inform others. Our goal is to inform 70 million adult Americans. Public opinion will soon be on our side. Once 10% of the population know, the other 90% will follow.

* Pray and ask God to return us to “One nation under God.”

It is our recommendation that you research the references listed, support all organizations that re trying to stop this fraud, and help us in our goal to get every American to sign this petition.

REFERENCES:

(1) “The Federal Reserve Bank”, by H.S. Kenan, published by The Noontide Press

(2) National Committee to Repeal the Federal Reserve Act, P.O. Box 156, Westmont, IL 60559

(3) “The New World Order,Saving America”, P.O. Box 1205, Middleburg, FL 32050-1205

(4) “Bulletin”, February 1989 & November 1991 issues, P.O. Box 986,

Ft. Collins, CO 80522 (Newsletter; $3 each)

(5) “The Most Secret Science”, Betsy Ross Press, P.O. Box 986, Ft.

Collins, CO 80522 (Book) States attempt to abolish the FED. $12.00

(6) “Insider Report”, P.O. Box 84903, Phoenix, AZ 85071

(7) “Phoenix Journal Express”, P.O. Box 986, Tehachap, CA 93581

(8) $16 trillion in government and private debt, much of which the FED

printed and collected interest on (Reference 3)

(9) Northpoint Tactical Team, P.O. Box 129, Topton, NC 28781

(10) Christian Defense League, Box 449, Arabi, LA 70023

(11) “Bulletin”, June 1992 issue, P.O. Box 986, Ft. Collins, CO 80522

(Newsletter; $3 each)

(12) “Savings and Loan Unethical Bailout” by Rev. Casimir F. Gierut

(13) “Dark Secrets of the New Age” by Texe Marrs

(14) “En Route to Global Occupation” by Gary H. Kah

(15) “One World” by John Amkerberg & John Weldon

(16) “The Spotlight”, Liberty Lobby, 300 Independence Ave. S.E.,

Washington, D.C. 20003 (Newspaper)

(17) “Repeal the Federal Reserve Banks” by Rev. Casimir Frank Gierut

(18) The Constitution of the United States

(19) “Walls in Our Minds” by M.J. Red Beckman, Common Sense Press, P.O.

Box 1544, Billings, MT 59103. A must read book – $2.50

(20) “The Law That Never Was” Volume I, Bill Benson & M.J. Red Beckman,

P.O. Box 1544, Billings, MT 59103 or write to Bill Benson, P.O.

Box 550, South Holland, IL 60473. Proof that the 16th Amendment

(income tax) was never properly ratified.

(21) “New World Order: The Ancient Plan of Secret Societies” by William

T. Still

(22) “The Secrets of the Federal Reserve” by Mullins

(23) “The Social Security & Pension Conspiracy” by Metz

(24) “The History of the Federal Reserve. How to Replace It or How to

Reform It” by Metz – for references 23 & 24 write to Howard Metz,

P.O. Box 341, Malverne, LI 11565

(25) “The New World Order” by Pat Robertson. On page 131 he states

that we must abolish the FED.

(26) “Operation Vampire Killer 2000”, highly recommended book. $6.00 ($8.00 for 2) from ACLA, P.O. Box 8712, Phoenix, AZ 85066 This is a must read book with quotes from well known people. This book proves conspiracy. Your local police needs to read this book so they will protect you – not become United Nations Agents against you. This book will stop the New World Order plan to take over the U.S.A.

“America Betrayed”, Center For Action, 652 N. Glenview, Nesa, AZ 85213

For references 1, 12, and 17, contact The National Committee to Repeal the Federal Reserve Act (Reference 2)

MEDIA BLACKS OUT THE FACTS

Here’s one terrific example. John Swinton, the former Chief of Staff for the New York Times, was one of New York’s best loved newspapermen. Called by his peers “The Dean of his Profession”, John was asked in 1953 to give a toast before the New York Press Club, and in so doing, made a monumentally important and revealing statement. He is quoted as follows:

“There is no such thing, at this date of the world’s history, in America, as an independent press. You know it and I know it. There is not one of you who dares to write your honest opinions, and if you did, you know beforehand that it would never appear in print. I am paid weekly for keeping my honest opinion out of the paper I am connected with. Others of you are paid similar weekly salaries for similar things, and any of you who would be so foolish as to write honest opinions would be out on the streets looking for another job. If I allowed my honest opinions to appear in one issue of my paper, before twenty-four hours my occupation would be gone. The business of the journalists is to destroy the truth; to lie outright; to pervert; to vilify; to fawn at the feet of mammon, and to sell his country and his race for his daily bread. You know it and I know it, and what folly is this toasting an independent press? We are the tools and vassals of rich men behind the scenes. We are the jumping jacks, they pull the strings and we dance. Our talents, our possibilities, and our lives are all the property of other men. We are intellectual prostitutes.”

RICHARD M. COHAN, Senior Producer of CBS political news said: “We are going to impose OUR AGENDA on the coverage by dealing with issues and subjects that WE choose to deal with.”

RICHARD SALANT, former President of CBS News stated: “Our job is to give people not what they want, but what WE decide they ought to have.”

And what is “their” agenda? What do they believe we, the American people, – THE COMMON HERD, “…ought to have?” Here is the answer:

NORMAN THOMAS – For many years the U.S. Socialist Presidential candidate proclaimed: “The American people will never knowingly adopt Socialism. But under the name of “liberalism” they will adopt every fragment of the socialist program, until one day America will be a Socialist nation, without knowing what happened.”

HERMAN DISMORE, foreign editor of the New York Times from 1950 to 1960: “The New York Times is deliberately pitched to the liberal (socialist) point of view.”

WALTER CRONKITE: “News reporters are certainly liberal (socialists) and left of center.”

BARBARA WALTERS: “The news media in general are liberals (socialists).”

Reference for everything above – Operation Vampire Killer, P.O. Box 8712, Phoenix, AZ 85066

The world, finally including even the balky American public, is “being rapidly educated into overcoming limited patriotism” and accepting “United Nations solutions to common global problems,” said Henry Kissinger.

Bilderberg participants expressed satisfaction with progress toward world government on two fronts:

* Establishing a UN tax to not only finance new global programs, but to condition “citizens of the world” to paying tribute.

* Conditioning the public — again, especially “those stubborn Americans” — to accept the idea of a UN army that could, by force, impose its will on the internal affairs of any nation.

“Today, Americans would be outraged if UN forces entered Los Angeles to

restore order; tomorrow, they will be grateful,” Kissinger said (of the

1992 Los Angeles riot).

Kissinger reported on a shocking speech made by UN Secretary General Butrous Ghali to the American Association of Newspaper Publishers at UN headquarters in New York in early May. The publishers’ newspapers covered up the story.

The UN Security Council must have a permanent force that can be deployed anywhere in the world, instantly, to “protect the peace” and “ensure human rights” the secretary-general told the newspaper publishers.

UN TO INVADE U.S.

This force must be allowed to intervene “at the local and community levels,” the UN leader told the American publishers.

What is “especially gratifying,” Kissinger said, “is that the publishers showed no reservations about the prospects of UN forces landing in the United States and imposing the UN’s will.”

Reference – The Spotlight, June 8, 1992, page 10. Liberty Lobby, 300 Independence Ave. S.E., Washington, D.C. 20003 (Newspaper)

SUMMARY OF QUICK FACTS

* Various dates and proofs that the Bankers created panic to push Congress to pass laws favoring bankers… Reference 22

* President Wilson received $85,000 bribe from bankers… Reference 22, pages 25-26

* How England, through the Bankers, controls our Congress… Reference 22, pages 47-48

* Rockefeller is connected to President Carter… Reference 22, page 171; Reference 25, page 103

* How George Bush is directly connected to the FED bank… Reference 22, page 49

* President Hoover and President Roosevelt were international Bankers… Reference 22, pages 69-71 and pages 157-159

* President Nixon was hired by Rockefeller’s law firm to become President… Reference 25, pages 100-101

* FED owner’s manual to destroy and control U.S. citizens… Reference 22, pages 55-56

* Proof Bankers claim they control the government… Reference 22, page 59

* Proof the FED knowingly created the Great Depression for their gain… Reference 22, pages 137-170

* FED bankers are directly linked to the New World Order and the United Nations. New World Order was discussed by George Bush, Rockefeller, Adolph Hitler, and Jimmy Carter… Reference 25, pages 5-7

* The Great Seal on back of the FED $1 bill, below pyramid, the NOVUS ORDO SECLORUM means “New World of the Ages” or —>> New World Order… Reference 25, page 35

* How the Banker’s tax-exempt organizations fund activities to destroy America’s freedom by attacking our Constitution and way of life… Reference 25, pages 138-159; Reference 14 (throughout whole book)

* Senator Barry Goldwater warned of economic powers capable of bypassing or controlling the political powers. Bank induced depression is possible in the future to force political change… Reference 25, 131

* Rockefeller’s money was used to seize control of America’s teaching and training of students by rewriting history and textbooks. Rockefeller has also funded the National Education Association (NEA)… Reference 14, page 61

* Gary Kah, high-ranking government liaison having first-hand knowledge of the New World Order exposes the truth. Read his book and En Route To Global Occupation… Reference 14

QUICK FACTS FROM TOM SCHAUF:

First, we must uphold the Constitution. Please call the Hotline (217-854-7504) weekly for new information. When a state considers a Constitutional Convention, concerned Americans call the Hotline and it gives us the names and telephone numbers of the legislators involved. It tells us exactly what to say, and to whom. The Hotline helps us to fight and win!

Secondly, we must change the opinions of the masses with information. The brochure has been a big help, and once 10% of the population agrees to abolish the FED, the rest will follow.

It is obvious the media (radio and newspapers) have lied about the FED and the efforts of FED-UP(tm) to educate people with the truth. This will not stop us – we will persist! Decide for yourself if you want to win America back. If 10,000 patriotic Americans each distribute 1,000 brochures, 10 million Americans will become informed. It would be almost impossible to stop people from talking about abolishing the FED if that many Americans were informed. Another way you can participate is to put a bumper sticker on your car. Over 1,000 people every month will see that bumper sticker about abolishing the FED.

If you think our goal is impossible, remember this; only 3% of Americans supported the Revolutionary War, and we won that war. We can win this war too, but only with your help.

IN CLOSING

For the secret owners of the FED to control the volume of money and become our absolute masters, they had to get the Gold away from our grandparents. This was accomplished in 1933 with the threats of fines and imprisonments by their President Franklin D. Roosevelt with aide Harry Hopkins, who said… “Elect, elect, elect, tax, tax, tax, spend, spend, spend, for the people are too damned stupid to understand”. By the way, Roosevelt was an international Banker. See Fool’s Gold is Green by Winston Smith.

THE FED IS SLOWLY DESTROYING AMERICA

Our government never had a chance…with political corruption ravaging its Constitution. The *real facts* don’t lie…and neither do government documents…Congressional Record, Congressman Wright Patman, A Primer On Money prepared by the Sub-committee on Domestic Finance, House of Representatives, Committee on Banking and Currency – 88th Congress, 2nd session, August 4th, 1964 and December 23, 1913, page 1464 & 1478.

Congressional Record, Congressman Louis McFadden, June 10, 1932, House of Representatives, pages 12604-12605

Congressional Record, 98th Congress, 1st session, February 3, 1983, Congressman Ron Paul

Congressional Record, Committee on Banking and Currency, House of Representatives, 77th Congress, 1st session, Tuesday, September 30, 1941, pages 1342-1345

THERE ARE MANY MORE CONGRESSIONAL TESTIMONIALS

IS THERE BIAS IN THE MEDIA REGARDING THE FED?

DURING THE TV PRESIDENTIAL DEBATES, CLINTON WAS ASKED SHOULD THERE BE RESTRICTIONS ON THE FED? THE NEXT DAY, MAJOR NEWSPAPERS SAID THEY COVERED THE WHOLE PRESIDENTIAL DEBATE TEXT, BUT MANY NEWSPAPERS ELIMINATED THIS ONE QUESTION. CHECK YOUR LIBRARY!

The Revolutionary War was fought and the Constitution was written to prevent other nations and private banks from issuing (printing) money and controlling our currency.

In 1913, members of Congress committed treason and violated their oath of office to defend the Constitution against all enemies foreign and domestic by voting in the Federal Reserve Bank.

For the New World Order to create a one world government, they must control a central bank, eliminate the Constitution, end Christian values, disarm America, and control the media. The Council on Foreign Relations has openly said they will take us over in favor of a one world government. The American people must be warned or we may lose our freedom forever. If we do not demand our rights and uphold the Constitution, the CFR and bankers will continue their march toward socialism. If we allow them to continue, they will abolish our rights and put an end to our present government. I urge all Americans to distribute the “main” FED-UP brochure (“saving $6000 in taxes per year, per person & balancing the budget) and collect signatures on the petition (see order form in the main brochure). Then all informed Americans can take action and hold their politicians accountable. The bankers control the media, but can not stop patriotic Americans from using copy machines to distribute information and inform America. Once informed, people will demand an explanation why Congress allowed this fraud as the media appeared to be independent and investigative, but remained silent on this important issue.

The ones who scream the loudest to keep the Federal Reserve Bank probably profit the most.

[About the Author:]

Thomas D. Schauf, CPA, is a national speaker to Certified Public Accountants and business leaders. Mr. Schauf’s expertise includes banking, the economy, business appraisals, mergers, and acquisitions.

We are looking for leaders in all states to help us abolish the FED. Please write and let us know you’re willing to help. The future of America depends on you.

CONTRIBUTIONS TO CONTINUE THE CAUSE ARE APPRECIATED

PLEASE HELP DISTRIBUTE INFORMATION AND COLLECT SIGNATURES ON PETITIONS

Mr. Schauf and other speakers are available to speak at seminars, group meetings, on radio, and on television.

FED-UP(tm) * P.O. Box 834 * Streamwood, IL 60103-0834

(C) 1992 Thomas D. Schauf

PLEASE COPY AND DISTRIBUTE WIDELY WITH NO CHANGES

Acknowledgements:

Our country likes to thank our forefathers for the Constitution.

I wish to thank Mr. Lou Gamboa for his research of the Constitution and our banking system. Lou Gamboa is a national speaker on the subject, and has spoken on numerous radio programs in an effort to educate the public.

I also want to thank Bob Corcoran for his research and encouragement.

I applaud the thousands of patriotic Americans who are spreading the word so we can live in economic prosperity and uphold our Constitutional rights.

ARTICLE 1, SECTION 8 OF THE CONSTITUTION STATES THAT CONGRESS SHALL HAVE THE POWER TO COIN (CREATE) MONEY AND REGULATE THE VALUE THEREOF.

IN 1935 THE SUPREME COURT RULED THAT CONGRESS CANNOT CONSTITUTIONALLY DELEGATE ITS POWER TO ANOTHER GROUP. (Reference 22, P. 168)

Rothschild, a London Banker, wrote a letter saying “It (Central Bank ) gives the National Bank almost complete control of national finance. The few who understand the system will either be so interested in its profits, or so dependent on its favours, that there will be no opposition from that class… The great body of the people, mentally incapable of comprehending, will bear its burden without complaint, and perhaps without even suspecting that the system is inimical (contrary) to their interests.” [The bankers created the legislation for the FED]

In 1913, before the Senate Banking and Currency Committee, Mr. Alexander stated: “But the whole scheme of a Federal Reserve Bank with its commercial-paper basis is an impractical, cumbersome machinery, is simply a cover, to find a way to secure the privilege of issuing money and to evade payment of as much tax upon circulation as possible, and then control the issue and maintain, instead of reduce, interest rates. It is a system that, if inaugurated, will prove to the advantage of the few and the detriment of the people of the United States. It will mean continued shortage of actual money and further extension of credits; for when there is a lack of real money people have to borrow credit to their cost.”

Theunjustmedia.Com

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Juanita here to close with these thoughts:  We may be so far into our complete demise that the only way to stop our total demise would be to stop the banks first at the State level . . . of course, you might expect to fight a U N invasion if only a few States were to be on board. I am not an expert in end game strategy. Much time has passed since this pamphlet was written . . . Bush, Clinton, Bush, and Obama  – they, their cronies, and their backers have done much to injure America. The infrastructure hidden in Obamacare is perhaps the death knell – time will tell. I am a Baby Boomer who worked for 40 + years – and had a grand time working, raising my children, and being free. I am in the winter of my life, and yet I am mentally much younger than my mother and grand-mother at 61. Don’t count the Baby Boomers out of this political fight . . . many of us do stay engaged, and pray our children and grand-children will always be free. Too many Baby Boomers have put their senior blinders on before they have explained it all to their children. Many are not even voting. You are not dead yet – be an engaged and responsible American citizen.

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THE CRAP HITS THE FAN (That is as clean as I can say it. As my Grandgirls say for everything they deliberately do wrong “sorryeeeeee” like it is a magic pass to do anything wrong you will do.)

THE CRAP HITS THE FAN – MY NOTES BEFORE A REALLY GOOD ARTICLE (That is as clean as I can say it. As my Grandgirls say for everything they deliberately do wrong “sorryeeeeee” like it is a magic pass to do anything wrong you will do.)

At the end of my following personal NOTES is a link to a very important article. If you do not understand what is being said in this article – you need to seek the knowledge you need to understand every word. If you think America is healing economically – you very much need to seek the knowledge you need to understand the article by Jim Willie CB. We all should have stopped the un-American practices in America a long time ago. See my last commentary We Are Enabling the Evil Ones for further explanation of why it is our American citizen problem on both sides.

“The Emperor Has No Clothes” and the whole world knows it, except for too many American citizens.

I have told the story often of the business I was hired to clean up operations and finance, turning company back into the black (for which was my forte – pre-retirement). The owner blocked most of the healthy policies I would implement – always saying that we would get to those later when the money flow was better. BUAHAHAHAHAHAHA The owner and I argued for 3 years (do NOT CONTRACT YOURSELF TO WORK FOR A FRIEND!) . . . he believed, based on crap he learned in college – you could sell at a loss long term to infinity if the volume was high. AARRGH – I argued with actual data that scenario always pays its bills late, misses a payroll date here and there (thus attracting low grade employees over time), doesn’t pay its taxes when due and allows insurance policies to lapse (thus attracting auditors of all ilk), and when there is any lull in revenue – IT HITS THE FREAKIN WALL!!!! (unless the IRS and/or the State intervene sooner – and IT HITS THE FREAKIN WALL WITH MASSIVE PENALTY AND INTEREST based on their calculations and worksheets because you didn’t bother to file to give them your actual numbers? AND did not maintain good records to dispute the audits — Rest assured they will make your worksheets for you that will show you owe the maximum guess of what the numbers should be – but in their favor – every time. It is also important to note: You cannot rob your own incorporated business to your constant personal gain, and not pay taxes after repeated threats from the taxing agencies whom are owed the money. You spent what they believe is THEIR MONEY and they will seize ALL ASSETS first and figure out if they took too many assets for what you owed MUCH LATER. As they say – you are screwed fully dressed with no drink before and no cigarette afterwards!)

This business owner so reminds me of other schemes such as global warming, and the players are very bad and playing on both of these teams (and many more teams for the dark side – like the banking team in this article).

JUANITA’S PREDICTION: Either our economy will HIT THE WALL, or THE WALL WILL BE LOWERED SLOWLY AND IF YOU ARE BOILED SLOWLY PERHAPS YOU WILL NOT NOTICE YOU ARE BEING COOKED. AND BEING COOKED MEANS YOU HIT THE WALL IN SLOW MOTION. J

For those not familiar with the acronyms:

ZIRP = Zero Interest-Rate Policy (or Zero Interest-Rest in Peace).

QE = Quantitative-Easing (or Queerly Easy – fictitious money is as easy as hitting the zero number on the keypad repeatedly placing zeros to the left of the decimal thereby creating massive money out of nothing – nothing of asset quality to back it up.)

Hmmmmm “USFED INSOLVENCY SCRUTINIZED” to this I say: Note of interest on the USFED – the “capital” they “hold in reserve” is you and I and the labor we provide – taxing us do death – and putting future generations in debt today. These insane evil people think they own us as chattel – – – CAPITAL.

Everybody pointed their finger at me and laughed a year to two years ago when I called the Gold thing a “Gold Bubble.” I stand firm on that statement – the price of food keeps rising, as well as fuel – and Gold is finally useless when you try to eat it or feed it to your lovely and sweet children.

When we unhinged the US from the “Gold System” and the world shrieked that we couldn’t do that, we made a deal —– The Powers That Run America (Evil) promised the other Powers that America would pass laws and restrictions with regulations that would kill American industry and those industries and jobs could be created in other countries around the world – we would get the “Petro Dollar” (all oil deals and therefore other deals too would be done in US Dollars – thus making it necessary for all nations to hold American dollars in their banks) . . . . . HOW STUPID OF AMERICA – now we have lost our industries and jobs to other nations who make cheap products we buy – AND OUR ENEMIES WITHIN HAVE NOW ALSO RUINED THE PETRO DOLLAR (American Dollar). WE LOSE ALL THE WAY AROUND . . .

Except the “Sleeping Giant” of the American People have not spoken yet . . . Please read my last commentary We Are Enabling the Evil Ones, wake up, and help wake up the “Sleeping Giant of the Wonderful American People” TODAY . . .

HERE IS THE LINK TO THE IMPORTANT ARTICLE: http://www.silverdoctors.com/jim-willie-flash-trading-hits-ustreasury-bonds/#more-32402

Oh HELL – I am afraid it will disappear as so many do . . . so here it is to read:
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JIM WILLIE: FLASH TRADING HITS USTREASURY BONDS

SEPTEMBER 27, 2013

The USTreasury Bond market breakdown is in progress, all part of the general USDollar global rejection that is taking the world by storm.

The USFed, the USGovt, and the Big US Banks urgently needed to stop the move in the 10-year bond yield (aka TNX). They needed to prevent a move above 3.0% on the USTreasury yield. They needed to avoid a calamity with both Interest Rate Swaps and USTBond carry trade reversals. They needed to avoid a trigger of sell stops. They needed to prevent the rest of the world selling off USTBonds within their reserves management systems, the foundation of their national banking systems. So the USFed and Big US Banks called upon themselves to place artificial high bids on USTBonds sold among themselves in a circle jerk of Flash Trading. They pushed the TNX below 2.9% quickly in the corrupt process. USFed Chairman Bernanke then backed off the Taper Talk threat, and the USTBonds rushed in a pathetic rally. The Jackass forecasted his retreat exactly, a bluff after a failed trial balloon. The bankers then resorted to the hidden work of computer algorithms. They altered the constructive dynamics of the bond market. They corrupted it one deeper level. The Flash Trade defense is pathetic, and will be revealed in coming weeks.
The bond market has converted into a Flash Trading arena within the bank syndicate to maintain bond prices. This is an explosive development, indicative of unsustainable sovereign bond prices kept up by round robin marked by internal sales within the Federal Reserve banks themselves.

The USTBond market is broken, and the USDollar cannot be defended.

The USTreasury Bond market breakdown is in progress, all part of the general USDollar global rejection that is taking the world by storm.Of course, residents inside the US Dome do not notice, since they only perceive it as the native currency. From conversations with common folk, discussions with investor types, and general observations for over 20 years, the Jackass belief is that only 5% to 10% of Americans are aware that the USDollar serves as a global financial instrument in contracts, the basis for trade settlement (mostly crude oil), with some extremely important consequences. A major development has begun, much like a metabolic life support system in concert with the Interest Rate Swap derivative contract. For two years or more, the USTreasury Bond market has been deeply dependent upon artificial demand derived from the derivatives. Entire bond rallies have been fabricated with 50:1 leverage, fully supported by the financial network propaganda. Without derivative flying buttress support, the giant USTBond Tower would have collapsed a couple of years ago. Now a new support system has been begun, a dangerous musical chairs long entrenched in the stock market. It has entered the bond market finally. Flash Trading!!

The USFed, the USGovt, and the Big US Banks urgently needed to stop the move in the 10-year bond yield (aka TNX). They needed to prevent a move above 3.0% on the USTreasury yield. They needed to avoid a calamity with both Interest Rate Swaps and USTBond carry trade reversals. They needed to avoid a trigger of sell stops. They needed to prevent the rest of the world selling off USTBonds within their reserves management systems, the foundation of their national banking systems. So the USFed and Big US Banks called upon themselves to place artificial high bids on USTBonds sold among themselves in a circle jerk of Flash Trading. They pushed the TNX below 2.9% quickly in the corrupt process. USFed Chairman Bernanke then backed off the Taper Talk threat, and the USTBonds rushed in a pathetic rally. The Jackass forecasted his retreat exactly, a bluff after a failed trial balloon. The bankers then resorted to the hidden work of computer algorithms. They altered the constructive dynamics of the bond market. They corrupted it one deeper level. The Flash Trade defense is pathetic, and will be revealed in coming weeks. The United States is in the process of being isolated on numerous fronts, as its monetary policy has merged with its military policy, both having merged long ago with its banking policy.

SICKNESS SEEN IN ONE POWERFUL GRAPH

As preface, consider a highly telling graph. No graph better demonstrates the failure of the last five years in monetary policy, and absent USEconomic recovery. The falling Money Velocity means the system is collapsing gradually. The infusion of phony new money is not addressing the key fundamental problem, insolvency of banks, businesses, households, and the USGovt. Putting a $20 bill in the hand of a manager of a broken business does not remove the insolvent condition. It only enables the manager to pay a part-time worker another few hours. The clueless cast of corrupt economists cannot notice, nor admit, that the QE & ZIRP monetary policy (hammer & cycle) is destroying capital by raising the cost structure. The capital destruction comes from businesses losing their profit margin, shutting down a business or business segment, cutting jobs, and putting equipment in mothballs or liquidating it. This is the biggest blind spot to economic policy. Obviously, the economists serve the syndicate, which benefits from toxic bond redemption with free money. The USFed is not engaged in a stuck stimulus, but rather a stuck destruction. The hammer & cycle are symbols of communist Politburo, no difference in contrast to the planned financial structure in the Untied States. [Please open the article link to see the graph, I don’t know how to get the picture pasted here where it actually sticks. Sorryeeeeeeeee. LOL]

HIDDEN PANIC AT THE USFED

A recent event has occurred, which was brought to the table by an unexpected corner, but a reliable source, who has a banker friend. The bond market has converted into a Flash Trading arena within the bank syndicate to maintain bond prices. This is an explosive development, indicative of unsustainable sovereign bond prices kept up by round robin marked by internal sales within the Federal Reserve banks themselves. Worse, speculation is about to rise that the USFed as a financial firm is suddenly subject to capital rules, with inherent risk of failure. It has stacked up over $3 trillion in impaired assets, much of which are truly toxic. The Taper Talk at the USFed was a ghastly disaster, with financial feces flung in the central bank’s faces. The big new engine that will work to fracture the USFed itself is the reversal of the Big US Bank carry trade in USTBonds. Recall all their boasting about replenishing balance sheets with easy leveraged profits, spouted like junkie morons in 2011 and 2012. It has now backfired to force flatulence into the banker faces in addition to the flung feces. Of course, the financial networks report none of this. The unwind of bond carry trade is a basic phenomenon that any worthwhile bond analyst can observe and anticipate. It is the flip side to easy money gains, namely massive losses.

Two weeks ago, an extraordinary memo was received from a trusted colleague. It could be important in yet unknown ways. The USTBond market is broken, and the USDollar cannot be defended. The memo read as follows. “I spoke with an old banking friend of mine on Saturday who now works as an Executive Officer in the Regulatory Division of the Dallas Federal Reserve. The gist of the conversation was this. There was a panic teleconference among all of the Regional Federal Reserve banks on Thursday afternoon [Sept 5th]. The subject of this emergency teleconference was USTreasury Yields. The perilously low capital of the Federal Reserve was at issue in this meeting, and the fact that they could no longer afford to defend the USDollar at this point. All of the regional Federal Reserve Banks were ordered to unload as many USTreasurys and Mortgage Backed Securities as they could, even though they are selling at a loss, to provide immediate liquidity even at the expense of capital! Eventually, late Friday night a tranche of Treasurys was sold above market price to several Federal Reserve Member banks in order to drive down the yield! You can plainly see this sale on the 10-year USTreasury chart.” Big news! Panic setting in! Unsustainable bond arena! Flash Trading has hit bonds!

More important, WE HAVE NOW SEEN THE BEGINNING OF FLASH TRADING ON USTREASURY BONDS!! A grand round robin closed circle selling program will be relied upon in desperation to maintain price, just like with NYSE stocks in Algorithm Trading. The internal trading volume will grow and dominate the system, just like with the stock market where 80% of NYSE volume is from the perverse Algo Trading. No computer based trading like with Algo Trading is regulated, as the computers run wild. The dangerous times and the instability of bond markets will become major spectacles and news items. The risk will be transferred to stocks, which rise in value from more QE volume flowing into asset purchases, but which fall in value from creeping bond yields. Great instability will be a regular fixture in the US Stock market, and possibly many other national bourses around the world. The next several months will see some important bond market events and likely outsized derivative losses, complete with revelation of USTBond market rigging devices.

REVERSE OF USTBOND CARRY TRADE

Make several conclusions right away. Panic has finally hit the USFed. They cannot defend either the USDollar or its obverse USTBonds, the trading vehicle. They are both at improper high valuations. Rising interest rates will next cause more sales, the dreaded convexity to come into play. The big US banks must unwind their leveraged USTBond carry trade, based upon the bond futures contracts. Watch big US banks sell their leveraged positions that in the past three years provided them supposedly easy profits. The positions are locked in high leveraged structures. The breakdown of the USTBonds and USDollar has begun, a long process having come full circle after the highly destructive ZIRP & QE, both engrained in monetary policy.

The breakdown in the currency and sovereign bond will be aggravated by Interest Rate Derivative dismemberment and colossal losses. The USTB & USD duo breakdown is the visual impact and reaction to the gradual geopolitical isolation of the United States. It was seen in a glaring glimpse with Syria, a call to war, a refusal, and the US looking like a deceptive player with blood lust. The world is reacting to misguided monetary policy maintained by the USFed that supports the Western banks (in toxic bond redemption) but causes nasty problems across the world (in higher food prices). As the USFed and its devoted big US banks conduct bond trading among themselves, the left hand selling to the right hand, it becomes more evident that the USTBond asset bubble is being revealed. The irony is that the aggravating factor is the big US banks unwinding their bond carry trade. Their leveraged sales will result in over-shoots in the bond yield, called Convexity in the trade. Beware of Convexity, and its destructive impact!

USFED INSOLVENCY SCRUTINIZED

Normally the USFed has avoided the need for capital, in justification of its own solvency. It has not been subject to financial requirements, since not an operating financial firm. It is instead a financial fortress standing as headquarters to coordinate bank activity within a vast crime syndicate. Back in 2009, the USFed broke from tradition, by offering a small interest yield for big US bank excess reserves. Doing so raised many questions. The Jackass concluded soon afterwards that the USFed was insolvent, and desired the assets from big nearby banks to disguise and obscure its insolvency. Capital is of concern only when a liquidity crunch is anticipated. Therefore, the USFed appears very worried about a liquidity threat, perhaps from vast demands of USTreasury Bond redemption, perhaps from a breakdown of its own Primary Bond Dealer team.

The game must have changed recently and suddenly. One must speculate that perhaps the USFed balance sheet might eventually be wound down, causing some deep damage. The USFed might suddenly be scrutinized as a financial firm, where it is suddenly subjected to capital rules with risk of failure. Conclude that the USFed received a phone call from a higher power like Basel. As footnote, bear in mind that the public has long maintained an incorrect perception that that the USFed can defend itself from insolvency by padding its balance sheets with assets. This is not correct. This belief of infinite creation of electronic wealth to ward off deep insolvency is a baseless myth. They can add assets with equally offsetting debts, net zero. The USFed is going down the tubes into the sewer, next door to Fannie Mae.

USA CONFRONTS HOT MONEY RISK

The USFed is trapped. It has two lousy alternatives, to continue bond purchases within Quantitative Easing or to taper the QE bond monetization volume. Both result in total wreckage and systemic failure. Continuation is a slow death. Tapering is a quick death. They will choose the slow death, and deny the capital destruction effects all the way to an economic depression. Back in 2009, the Jackass was loud and vocal about the USFed being stuck with no Exit Strategy. At that time, they were trying to extricate themselves from the ZIRP corner, the zero bound interest rate. My forecast was for its continuation almost forever, since damage to the USEconomy would otherwise be quick, and rising borrowing costs to the USGovt debt burden would be intolerable.

The point was also made that the longer ZIRP is in place, the more likely it would remain as permanent, since a huge amount of bond purchases were being made, all to suffer big losses in a backup of rates. Worse, continued ZIRP would affect asset prices, which they could not afford to undergo a correction. In 2011, the USFed began the QE initiatives marked by bond monetization. The QE program itself was a correct Jackass forecast, denied openly by the USFed for months. The point was made that buyers of USTBond issuance would vanish, and the teetering USEconomy would not generate indigenous wealth to save in USTBonds. In 2012, the Jackass was loud and vocal about the USFed being stuck with no Exit Strategy from that destructive disastrous monetary policy again, as in ZIRP Forever and QE to Infinity. Both forecasts are being seen to come true. The FOMC meetings and recent Bernanke speech highlight their plight, no options, no exit, no relief, stuck with destructive monetary policy which cannot be halted or even reduced. In fact, QE to Infinity will be ramped up, with double the volume of USTBond purchases in the next several months. The foreign nations will diversify out of their USTBonds held in reserve, and foreign corporations will dump outright USTBonds, in what will become the grandest vote of no confidence toward US-UK bankers in modern history. The USFed must sop up the supply. The alternatives are truly horrendous.

TWO HORRIBLE CHOICES FOR USFED

PLAN A: BEING IMPLEMENTED: The USFed can continue QE and its heavy volume bond monetization. Doing so will sustain the rise in the cost structures, including food prices. As a result, the national economies suffer capital destruction, a direct (but unrecognized) consequence of shrinking profit margins and shrinking disposable household income. The mainstream news and bank leadership insists on calling it stimulus, when it is the exact opposite. It is the most powerful force to destroy capital in modern world history. The fierce recessions are assured to continue, the incomes fall, store liquidations to persist, systemic failure assured. The United States eventually will be faced with hot money exits in a very unique new development. The United States will be eventually shunned and the USDollar rejected, as global alternative to the US$-based trade will develop until a formal launch next year in 2014. However, the US will continue its usual path of creating (boogeymen) enemies, creating new wars, blasting the propaganda networks, but deny being the cause of the broad wreckage. The destruction of the US system will not come from fast rising rates, but instead from accelerating capital destruction, job cuts, recession identified as depression. In this Plan A scenario being adopted and embraced, the USFed will be compelled to amplify its QE bond buying volume, to lie about it, but it will be caught in the lies. The United States and the USFed will be blamed for the climax of collapses, which will occur gradually. The United States will rapidly be shunned, the USDollar rejected, and the US declared a global pariah.

PLAN B: TESTED WITH TAPER TALK TESTED, NOT TO BE DONE: The USFed could taper QE and reduce sharply the bond monetization. The results would be felt very quickly and suddenly, like what was seen in July and August. It was painful and shocking, but revealed the deep dependence upon the USFed easy money spigot, from the financial market perspective (quickly) and the economic perspective (more slowly). The financial markets would suffer incredible declines bordering on historical events like a sequence of Black Mondays (1987) and post-Lehman crashes (2008). The surprising direct effect from a strong tapering of QE would be something never seen before in the United States history. It would cause very well publicized hot money moves out of the US financial market in addition to the emerging markets. The global tightening would make for a global catastrophe. The investors in USTreasury Bonds would rapidly vacate the arena, since bond yields would rise quickly, putting strain on the interest rate derivative control levers to the point that the rate swaps could not prevent the rates from going up out of control. The big US banks would unwind their leveraged USTBond carry trade, and suffer outsized losses. The rapid rise in rates would deliver a well recognized death blow to corporate paper flow, the US housing market, the US car market, and put an end to student loans. The national USEconomy would suffer from higher interest rates, the fierce recession continue. A systemic failure would result within 12 to 18 months. The United States and the USFed would be blamed for the climax of collapses, which would occur rapidly. The United States would rapidly be shunned, the USDollar rejected, and the US declared a global pariah. Same outcome, faster pace.

The USFed is desperately trying to balance two horrible destructive options. The look of frustration and defeat is apparent on outgoing Chairman Bernanke’s face in press conferences. He realizes finally that his Doctoral Thesis is disproved by experiment, by his own hand at the USFed control panel. Yet the bankers must appear to be in control. They must defend the USDollar and USTBond, along with major paper currencies. They must defend the franchise central bank system. They must buy time to escape with their lives before they are forced to vanish, either willingly or by order.

GOLDEN PILLARS

Many are the pillars that support the current USTBond & USDollar phony fractured folly. In the Jackass view, The USTreasury Bond aint a market, but rather an empty room filled with market rigging machinery. It is an asset bubble. Tragically and inexorably, once an asset bubble is pricked, it cannot be held together. The prick event occurred with the Taper Talk, a highly misguided action taken. Perhaps the Basel masters wish to see the system collapse and banker fascist states honored openly. However, as the pillars fall, the Gold Price will rise like a phoenix and offer a breath-taking event to behold. The pillars are all breaking down, which will release the Gold Price. New pillars are being erected in support of the Gold Price. They mark tremendous changes, as in Paradigm Shift in the global structure of commerce and finance

1) USTreasury Bond Tower of Babel is breaking. The interest rate derivatives have offered the USTBond asset bubble hidden illicit deceptive support for over two years. Morgan Stanley is the chief agent for its application. The London Whale event (complete with greatly falsified losses) emerged in May 2012 as a result on such derivative losses, not the sovereign bond losses as JPMorguen liars reported. The losses are not $8 billion, but rather $100 billion. If the London Whale losses occurred after a mere 60 basis point rise leading to the May event, then imagine the derivative losses suffered from a 130 basis point rise from 1.65% in May 2013 to 2.9% in early September 2013. The Flash Trading practice is a last ditch to defend the USTBond & USD twin towers in South Manhattan. History repeats, transformed from physical towers to financial towers, but without the false flags waving atop the crumbling towers.

2) The Petro-Dollar defacto standard is breaking. Since the late 1970 decade, this standard has been at work. The Arab oil producing nations, led by the Saudis, have sold crude oil in US$ transactions, then cooperated in recycling the vast surpluses in USTreasury Bonds, with a fair amount in big US bank stocks as well. The OPEC cartel is showing signs of fracture, slowly disbanding amidst regularly spouted lies from the flairs of member nation mouths. The new dynamic is powerful and disruptive, the natural gas pipelines. The Syrian conflict is all about the natgas pipelines, with smokescreens created in the usual way. Watch Gazprom lead a consortium of NatGas Coop members, flex its muscles, and eclipse OPEC to the point of obsolescence. The irrelevance of OPEC will usher in the rejection of the Petro-Dollar, and threaten the House of Saud (where regime change is nigh). The other victim will be the USTreasury Bond, with accelerated sales from Persian Gulf abandonment.

3) USTreasury Bond diversification & rejection. Many are the channels of USTBonds returned to sender from emerging market nations and elsewhere. The USFed monetary policy has motivated many nations to diversify out of the very USTBonds being purchased with printed money in phoney baloney manner, due to perceived debasement, deeply resented. The Westerners call it euphemistically Quantitative Easing, but the Jackass prefers to call it hyper monetary inflation off the printing press with a Weimar nameplate. Entire national banking reserves management systems are in the process of undergoing change. Much USTBond sale volume will be returned from Indirect Exchange, in the payment for large asset acquisitions (like Chinese buying an African energy deposit, or Chinese payments for Russian oil). Much USTBond sale volume will come from conversion to Gold bullion. These players will be building the BRICS Bank, or replenishing sickly Western banks, maybe even central banks.

4) Central Bank Franchise System is failing in recognized full view. After four and a half years of utter nonsense from the major central banks, dispensation of more toxic bond patch solutions, redemption of toxic bonds with freshly printed money, payoffs to big banks revealed (often gone to executive bonuses), support of USGovt deficits, refusals to inspect official Allocated Gold accounts, assists in derivative coverups, gigantic interest free loans to Fed partners in the multiple $trillions, the game is over, the jig is up, the public aware. Too many events have resulted in a pulling back of the curtain to reveal the criminality of the central bank franchise system. Hidden from view is the narcotics money laundering and their participation. Hidden from view is the phony project in the late 1990 decade to accumulate gold for a new USDollar, which made a U-turn at the last minute. Finally the Flash Trading practice reveals the sustained USTBond by a new more dangerous artificial prop, which had been a tool devoted mainly for the US Stock market, as in the New York Stock Exchange.

5) The death of the COMEX gold market is within view. With thefts of private accounts (see MF-Global), with refusals to deliver in gold COMEX futures contracts (see June and July and August), with drained COMEX inventories (see the massive decline since January), with drained JPMorguen inventories (see the massive decline since January), with the regular price ambushes led by naked shorting (see mid-April ambush, and subsequent ambushes), the death of the COMEX is within view. They will someday in the near future halt the gold futures contracts, since they will have no gold inventory, and since they have refused to deliver on gold futures contracts routinely. In fact, the refusal to redeem gold accounts at the GLD Exchange Traded Fund, even to qualified investors, might be the smoking gun, or (to mix metaphors) be the thread which when pulled, unravels the entire sweater.

6) Gold Trade Settlement is the coming, a return of the Gold Standard. It has been inevitable, its return, since it is the only solution with any merit or legitimacy. No phony paper debt bond solution has stuck since 2008, since all are illicit and meaningless circle jerks in a debt patchwork. The old sound money adage is so true (from Von Mises school), that no paper money solution can fix a failing paper money problem. However, the new trade settlement system will usher in a new Gold Trade Standard in a different route. It will enter on trade settlement from peer to peer, using Gold Trade Notes as letters of credit, using a vast distributed system. It will bypass the big bank SWIFT system which has been abused by the United States Govt and UKGovt. They have used the SWIFT codes as weapons. The East resents it, not just Iran. It will bypass the FOREX system of currency exchange, a regularly corrupted pit mangled by the Western bankers (see the Exchange Stabilization Fund managed by the USDept Treasury). The Europeans are in the middle, not such hardened adversaries to Iran, since Iran is willing to sell oil & gas in Euro transactions.

Sunshine Mint Rounds(1)

The major currencies will be forced to scurry like cockroaches in the dark to find and source gold bars for renovation of the currencies themselves. The crumbling sovereign debt serves as flawed foundation for the major currencies. The climax blow will be the conversion of USTBonds and EuroBonds and UKGilts and JapGovtBonds into Gold bullion that kills the current system and opens the door to the new system. With great disruption, the new Paradigm Shift is in progress, unstoppable, but offering hope for a better day, a better system, a more fair system, with participants and savers given a just system. For three decades, Gold has had a nemesis in the USTreasury Bond. The USTBond is dying, a wreck in progress. As the old pillars fall and the new pillars rise, The Price of Gold will be set free. It will reach $3000/oz when the COMEX defaults from empty inventory and Shanghai arbitrage, then reach $5000/oz when the great conversion begins in earnest from USTBonds to Gold bullion, then reach $7000/oz when the Gold Trade Settlement is installed in its full glory. It is written. It shall be done.

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Jim Willie CB, editor of the “HAT TRICK LETTER”
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