by
Allisone Heartsong
© 2002 In God We Trust
On 17 March 1993, almost a decade before he was sentenced to prison for eight years on 30 July 2002 and dismissed as a crackpot by the media, James Traficant, a Congressman from Ohio, delivered an extremely important speech before the House of Representatives, exposing the fact that the federal government of the United States has been illegitimate ever since it was declared bankrupt by the Emergency Banking Act of 1933.
Although comparable in importance to George Washington’s Farewell Address and Abraham Lincoln’s Gettysburg Address, this historic message by James Traficant has been studiously ignored by media pundits and university scholars, as a result of which the American people have yet to receive his urgent wake-up call.
United States Congressional Record, March 17, 1993, Vol. 33, page H-1303
Rep. James Traficant, Jr. (Ohio) addressing the House:
"Mr. Speaker, we are here now in chapter 11. Members of Congress are official trustees presiding over the greatest reorganization of any Bankrupt entity in world history, the U.S. Government. We are setting forth hopefully, a blueprint for our future. There are some who say it is a coroner's report that will lead to our demise.
It is an established fact that the United States Federal Government has been dissolved by the Emergency Banking Act, March 9, 1933, 48 Stat. 1, Public Law 89-719; declared by President Roosevelt, being bankrupt and insolvent. H.J.R. 192, 73rd Congress in session June 5, 1933 – Joint Resolution To Suspend The Gold Standard and Abrogate The Gold Clause, dissolved the Sovereign Authority of the United States and the official capacities of all United States Governmental Offices, Officers, and Departments and is further evidence that the United States Federal Government exists today in name only.
The receivers of the United States Bankruptcy are the International Bankers, via the United Nations, the World Bank and the International Monetary Fund. All United States Offices, Officials, and Departments are now operating within a de facto status in name only under Emergency War Powers. With the Constitutional Republican form of Government now dissolved, the receivers of the Bankruptcy have adopted a new form of government for the
United States. This new form of government is known as a Democracy, being an established Socialist/Communist order under a new governor for America. This act was instituted and established by transferring and/or placing the Office of the Secretary of Treasury to that of the Governor of the International Monetary Fund. Public Law 94-564, page 8, Section H.R. 13955 reads in part: "The U.S. Secretary of Treasury receives no compensation for representing the United States."
Gold and silver were such a powerful money during the founding of the united states of America, that the founding fathers declared that only gold or silver coins can be "money" in America. Since gold and silver coinage were heavy and inconvenient for a lot of transactions, they were stored in banks and a claim check was issued as a money substitute. People traded
their coupons as money, or "currency." Currency is not money, but a money substitute. Redeemable currency must promise to pay a dollar equivalent in gold or silver money. Federal Reserve Notes (FRNs) make no such promises, and are not "money." A Federal Reserve Note is a debt obligation of the federal United States government, not "money." The federal United States government and the U.S. Congress were not and have never been authorized by the Constitution for the united states of America to issue currency of any kind, but only lawful money – gold and silver coin. It is essential that we comprehend the distinction between real money and paper money substitute. One cannot get rich by accumulating money substitutes, one can only get deeper into debt. We the People no longer have any "money." Most Americans have not been paid any "money" for a very long time, perhaps not in their entire life. Now do you comprehend why you feel broke? Now, do you understand why you are "bankrupt," along with the rest of the country?
Federal Reserve Notes (FRNs) are unsigned checks written on a closed account. FRNs are an inflatable paper system designed to create debt through inflation (devaluation of currency). Whenever there is an increase of the supply of a money substitute in the economy without a corresponding increase in the gold and silver backing, inflation occurs.
Inflation is an invisible form of taxation that irresponsible governments inflict on their citizens. The Federal Reserve Bank who controls the supply and movement of FRNs has everybody fooled. They have access to an unlimited supply of FRNs, paying only for the printing costs of what they need. FRNs are nothing more than promissory notes for U.S. Treasury securities (T-Bills) – a promise to pay the debt to the Federal Reserve Bank. There is a fundamental difference between "paying" and "discharging" a debt. To pay a debt, you must pay with value or substance (i.e. gold, silver, barter or a commodity). With FRNs, you can only discharge a debt.
You cannot pay a debt with a debt currency system. You cannot service a debt with a currency that has no backing in value or substance. No contract in Common law is valid unless it involves an exchange of "good & valuable consideration." Un-payable debt transfers power and control to the sovereign power structure that has no interest in money, law, equity or justice because they have so much wealth already.
Their lust is for power and control. Since the inception of central banking, they have controlled the fates of nations.
The Federal Reserve System is based on the Canon law and the principles of sovereignty protected in the Constitution and the Bill of Rights. In fact, the international bankers used a "Canon Law Trust" as their model, adding stock and naming it a "Joint Stock Trust." The U.S. Congress had passed a law making it illegal for any legal "person" to duplicate a "Joint Stock Trust" in 1873. The Federal Reserve Act was legislated post-facto (to 1870), although post-facto laws are strictly forbidden by the Constitution. [1:9:3] The Federal Reserve System is a sovereign power structure separate and distinct from the federal United States government. The Federal Reserve is a maritime lender, and/or maritime insurance underwriter to the federal United States operating exclusively under Admiralty/Maritime law. The lender or underwriter bears the risks, and the Maritime law compelling specific performance in paying the interest, or premiums are the same.
Assets of the debtor can also be hypothecated (to pledge something as a security without taking possession of it) as security by the lender or underwriter. The Federal Reserve Act stipulated that the interest on the debt was to be paid in gold. There was no stipulation in the Federal Reserve Act for ever paying the principal.
Prior to 1913, most Americans owned clear, allodial title to property, free and clear of any liens or mortgages until the Federal Reserve Act (1913) "hypothecated" all property within the federal United States to the Board of Governors of the Federal Reserve, in which the Trustees (stockholders) held legal title. The U.S. citizen (tenant, franchisee) was registered as a "beneficiary" of the trust via his/her birth certificate. In 1933, the federal United States hypothecated all of the present and future properties, assets and labor of their "subjects," the 14th Amendment U.S. citizen, to the Federal Reserve System.
In return, the Federal Reserve System agreed to extend the federal United States corporation all the credit "money substitute" it needed. Like any other debtor, the federal United States government had to assign collateral and security to their creditors as a condition of the loan. Since the federal United States didn't have any assets, they assigned the private property of their "economic slaves", the U.S. citizens as collateral against the un-payable federal debt. They also pledged the unincorporated federal territories, national parks forests, birth certificates, and nonprofit organizations, as collateral against the federal debt. All has already been transferred as payment to the international bankers.
Unwittingly, America has returned to its pre-American Revolution feudal roots whereby all land is held by a sovereign and the common people had no rights to hold allodial title to property. Once again, We the People are the tenants and sharecroppers renting our own property from a Sovereign in the guise of the Federal Reserve Bank. We the people have exchanged one master for another.
This has been going on for over eighty years without the "informed knowledge" of the American people, without a voice protesting loud enough. Now it's easy to grasp why America is fundamentally bankrupt.
Why don't more people own their properties outright?
Why are 90% of Americans mortgaged to the hilt and have little or no assets after all debts and liabilities have been paid? Why does it feel like you are working harder and harder and getting less and less?
We are reaping what has been sown, and the result of our harvest is a painful bankruptcy and a foreclosure on American property, precious liberties, and a way of life. Few of our elected representatives in Washington, D.C. have dared to tell the truth. The federal United States is bankrupt. Our children will inherit this un-payable debt and the tyranny to enforce paying it.
America has become completely bankrupt in world leadership, financial credit, and its reputation for courage, vision and human rights. This is an undeclared economic war, bankruptcy, and economic slavery of the most corrupt order! Wake up, America! Take back your Country."
ADDENDUM: The executive orders by means of which President Franklin Roosevelt declared the bankruptcy of the United States Government in 1933 are numbers 6073, 6102, 6111, 6260.
ADDENDUM: See Whatever Happened to America? by Jon Christian Ryter for an authoritative exposé of the way in which the global elite orchestrated passage of the unconstitutional Amended Trading with the Enemy Act on 9 March 1933 to redefine American citizens as enemies of the United States government, thereby redefining the United States government as the enemy of the American people.
ADDENDUM (2002): THE SUBVERSION OF AMERICA
For a revealing reflection of the way the United States of America now appears to the rest of the world, consider this open letter from an eloquent neighbor who lives in Canada.
by W.R. McDougall
August 1, 2002
http://baltimorechronicle.com/ol_aug02.shtml
Dear America:
And so it has come to this. Your once-great nation has fallen into madness, an affliction of mass denial that brings shivers up the spines of millions outside your borders. Yours is a sick nation. But most of you carry on as though nothing at all is the matter.
Dark, evil operations run rampant in the secret corners of your government institutions. A dubiously constituted government pursues war at will anywhere on earth, discussing nuclear options that become points for cheerful chatter over lunch. Your military and intelligence agencies employ terrorist tactics around the globe even as they insist that such tactics are necessary in the fight against terrorism.
You have become a nation of monsters, America. Hypocrites. Murderers. Fools.
Your constitution is a shambles thanks to "national security" measures resulting from what might well be U.S.-government-sanctioned terrorist attacks in New York City and Washington D.C., covert provocations designed to justify a malevolent, poisonous, oil-based military economy.
Never mind that earth-friendly technology already exists to once and for all end dependence on oil, coal and nuclear energy from huge, out-of-control utilities and corporations. You would rather pay through the nose for your insecure comforts, wouldn't you America, and make others pay with their blood.
At the same time, you stand by as the Israelis' secular Zionists--whom you support through the supply of arms and money--slaughter untold numbers of innocents in the West Bank, then blame the Palestinians for bringing the terror upon themselves. (True, there are abominable Arab suicide bombers in Israel's midst. But are they not driven to madness and desperation by your infernal support of international terrorist politics?)
As I write these words, you support a nation run by a convicted murderer by the name of Ariel Sharon who with impunity is carrying out war crimes as cruel and horrendous as those of other sadistic tyrants in history. And you say, in your utter cynicism, 'When will these Palestinians bring this war to an end?'
You recklessly wage combat on other fronts, too. At home, your War on Drugs is a disastrous 30-year folly--a gigantic con game designed to benefit lethal cartels, corrupt politicians and menacing intelligence agencies across the planet.....
With your government's support, crooked multinationals like Monsanto buy up the world's water supplies, and take possession of the world's vegetation through Frankenstein technology already known to cause illness.
Does the FDA care about any of this? It does not. It has long been on the bandwagon to foist genetically altered food on the Guinea Pigs of the country--including every man, woman and child on America's increasingly toxic soil.
You are a nation of suckers, America, to be bled dry of your hard-earned pay through outrageous bank schemes, Wall Street rip-offs and fake government budget grabs. Your Pentagon cannot account for trillions in lost dollars.
Does this bother you? Not in the least.
Your whole economy is controlled by what is for the most part ravenous, international private banking interests in the form of The Federal Reserve, which with your government's consent leads you down the garden path to certain financial ruin thanks to a national debt you will never be able to repay.
How is it that private banks are responsible for issuing your currency? How is it that they are allowed to charge ridiculous interest rates on what they issue? By decree, this was supposed to be the responsibility of your government, which could create its own currency without charging interest.
Do you realize your congress could dismiss these banks in an instant if it so wished? But don't ever count on it. More important matters are pressing. The upcoming election needs investment.
These very same money men are the ones who, through unmonitored and unrepresentative world committees, are driving countries like Argentina into hopeless debt and social upheaval. These greedy overlords are creating strife and suffering on a scale too tragic for words in nation after nation. Just look at Africa.
They've got their sights on America, now, too; disrupting economic stability through so-called free trade initiatives and provisions for special favors and the endless flow of cash to corporate monstrosities like Enron.
Amid all this, where are those who are supposed to represent your interests, America? For the most part, your congressional representatives are nothing but swine gathering at the corporate troughs. Your president is a white-collar thug, a hypocrite who through his actions celebrates war, repression and greed even as he gives lip service to peace, freedom and justice.
George W. Bush deceives you daily, the war monger hiding behind a phony patriotism. He is an Enron buddy boy, a spoiled child lying in his teeth about his past and current dirty deeds.
Does he care about you America? Hardly. This is altogether obvious to those outside your borders who are politically aware and awake to the world around them.
You were never concerned about the disgraceful practices of George's ruthless father, either, a Bin-Laden cohort and friend to criminals and killers in global drug, oil and terrorist enterprises. Iran. Vietnam. El Salvador. Chile. Guatemala. Iraq. And on and on. The never-ending bully-boy story of blood, guns, drugs and money.
Does any of this matter? No, it's simply time to eat. Go get your ten-billionth burger, America. Fatten your already fat asses with bacteria-and-hormone-ridden meat and do nothing as you sit stupefied before your mind-numbing television sets awaiting the next episode of sad families being humiliated on "Cops."
Few among you are the least bit concerned that no real investigation of 911 has taken place, that no serious investigation of the anthrax attacks is moving forward, that no authentic investigation of Enron, or the murder of one of its top executives, is underway.
How many of you give the slightest damn about the totalitarian measures your government is taking to keep its secret meetings, grubby files and treasonous activities from your eyes?....
When did you stop caring, America? Was it after your own FBI and intelligence agencies plotted the murder of President John F. Kennedy? Or is this just the raving lunacy of the conspiracy nut? What does your gut tell you, America? Is something a little amiss here?
Forget about it. Have some Pepto-Bismol.
Today, in futility, your own government goes to court against itself for information you are entitled to by law. But this is hardly deemed vital news in the community. It is a fleeting reference in an electronic sea of meaningless banter. For proof, just look to all the spineless wimps who constitute your mainstream news media.
Today, you excoriate, ridicule and ostracize the brave and true among you. Your best investigative journalists are fired from their jobs and ignored. Congress's few courageous souls are laughed at and dismissed out of hand as crackpots. The most honest and conscientious political leader in the country, Ralph Nader, is a powerless, near-invisible curiosity easily side-lined by hired goons.
America, you are a goddamn shame.
What law matters now in your despicable state? What justice? What truth?
When will you wake up?
If you had your druthers, you would right now gather your courage, take to the streets and march on Washington D.C in the millions. But I know you will do no such thing. The vast majority of you are spiritually, emotionally and intellectually dead.
As I write these words, I can only imagine what additional horrors your shadow government might be planning in what will surely be an attempt to justify militarism and totalitarianism on a universal scale. A nuclear explosion in one of your cities, perhaps? A massive bio-chemical attack?
Or perhaps it will be some Arab terrorist who finally commits the terrible deed, his last thought before death being the promises you made to him before you killed his family.
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