Funny how dates remind you of events. On September 29, 1993, I
had a gathering at the nation's capitol in Washington, DC. The
purpose was to turn over 1,763,000 petition signatures to abolish
the unconstitutional "Federal" Reserve and the IRS. We, dear patriots
who were there, collected another 24,000 + signatures at the capitol
that day. At that time, a counting grid was still being used;
the estimated number at my rally was about 4400 people. Most of
us took the time to visit our congress critters. How green I was
back then to think something would actually come of all our efforts.
we are exactly 21 years down the road. At that time the congressionally
created 'national' debt was $4,411,488,883,139.38. As I write
this, that grotesque figure is closing in on $17.8 TRILLION dollars.
How could this happen? Greed and ignoring words from the wise:
natural right to be free of the debts of a previous generation
is] a salutary curb on the spirit of war and indebtment, which,
since the modern theory of the perpetuation of debt, has drenched
the earth with blood, and crushed its inhabitants under burdens
ever accumulating." --Thomas Jefferson to John Wayles Eppes, 1813.
we have is a central bank issuing worthless paper "money" that
controls our economy, our lives and our future. This private banking
cartel was unconstitutionally granted this power by a devious,
scheming group of senators back in 1913. In essence what they
did was place the American people into indentured servitude by
forcing The People to pay usury on worthless fiat currency (paper
money created out of nothing), not to fund the government, but
to enrich the bankers and fund wars in which America should never
be involved. This system exists not to fund the government, but
to allow the U.S. Congress carte blanche power to continue funding
unconstitutional agencies and programs by providing them with
a bottomless source of worthless ink.
National Debt and the Deficit
two little bookkeeping items are not the same thing. Few Americans
actually know the difference, but the difference is quite important.
We continually hear members of Congress, president after president,
and political pundits call for "reduction in the debt." But what
does that really mean? Here's how it works in the most simplified
way to fit into this document:
say that for 2014, Congress and the criminal impostor president
squatting in the White House decide they want $3 trillion dollars
to fund this bloated pig called our government. We know that 100%
of all personal "income" taxes extorted by the IRS does not fund
a single function of the government. That's true. It all goes
to what's called 'transfer payments'. The sweat off your back
to pay just the interest on the unpayable 'national debt, UN dues,
the IMF (International Monetary Fund), BIS (Bank of International
Settlements), the World Bank and so forth. So, let's take the
people's blood and sweat off the table.
other revenues does the government collect? Corporate taxes, social
security taxes, constitutional revenues such as excise taxes on
cigarettes, alcohol, tobacco, firearms, tires, etc., tariffs on
trade, military hardware sales, and some minor categories. Let's
say that those revenues will total $2 trillion dollars. The politicians
want $3 trillion to spend on their favorite welfare programs,
wars and foreign welfare, but have a short fall of $1 trillion
dollars. This is called the deficit created by the spending of
Congress which creates the 'national' debt.
Because the politicians are $1 trillion dollars short, they simply
call up the magical money machine called the "Fed" and borrow
your children's and grand babies' futures. The "Federal" Reserve
Banks don't loan anything of value to Congress. When that $1 trillion
dollars worth of ink is transferred to the Treasury, it gets piled
on top of the existing 'national' debt.
is how the magical money machine works. Congress overspends. It
borrows from the "Fed" and then turns around and tells you to
pay for these crimes against we the people. In other words, Congress
basically pays the bills with a combination of of funding sources
like social security taxes, the constitutional revenues I cite
above and borrowed ink from the "Fed." But, the day of reckoning
people of America are also responsible to a large degree for this
out-of-control spending. Americans have been bred to a welfare
dependent mentality. Special interest groups who have no interest
in the U.S. Constitution, demand that billions of dollars be spent
on their pet interests.
of dollars have been unconstitutionally thrown to foreign governments,
some days our friend, a week later our enemies. They are only
our friend as long as the U.S. throws money at their corrupt governments.
And, what do the American people do? They continue to
re-elect the same incumbents in both parties every two years who
have brought us to the brink of hell.
2008, that which so many of us were trying to warn about came
to fruition: banks melting down. Unfortunately, the majority of
the people in this country along with the majority of state legislators
and senators have zero understanding of the disabilities of our
monetary system. I guess they somehow think continuing down the
road of massive debt can go on forever without consequences. Thus,
tens of millions of Americans were blind sided and the Outlaw
Congress RAPED we the people with ZERO constitutional authority
to bail out certain banks.
other astronomical and unpayable liabilities, Social Security
at $15.3 TRILLION, Medicare at $80.3 TRILLION and "free" prescription
pills courtesy of the Republicans at $20.5 TRILLION are beyond
most people's comprehension. A total of $116.1 TRILLION dollars
and growing by the second. A total which scares those on the receiving
end who live in fear of the well running dry. But as the old saying
goes: The borrower is slave to the lender.
tens of millions of Americans on food stamps, welfare or receiving
some form of federal government check, they need the spending
to continue. I know, you paid those social security taxes which
go into the General Fund of the U.S. Treasury and are
not earmarked for any specific spending purpose. In reality,
it is the pure definition of a Ponzi scheme that 58 million Americans
depend on for the food on their table.
has the Outlaw Congress refused to abolish the privately owned,
unconstitutional "Federal" Reserve? Because they need it to borrow
every penny to fund so-called 'entitlement' programs, unconstitutional
cabinets and the endless, sickening, undeclared wars that keep
the military-industrial complex rolling in blood money. As I said
above, revenues from constitutional sources, including corporate
taxes, can never be enough as long as all the unconstitutional
spending continues as well as funding the endless damn "wars"
in the Middle East.
is incumbent on every generation to pay its own debts as it goes.
A principle which if acted on would save one-half the wars of
the world." --Thomas Jefferson to A. L. C. Destutt de Tracy, 1820.
"pay as you go" programs obviously have not paid as they have
gone into double digit trillions in unpaid liabilities
which brings me around to the banks in this country.
U.S. Banks Each Have More Than 40 Trillion Dollars In Exposure
unlike stocks and bonds, these derivatives do not represent "investments"
in anything. They can be incredibly complex, but essentially they
are just paper wagers about what will happen in the future. The
truth is that derivatives trading is not too different from betting
on baseball or football games. Trading in derivatives is basically
just a form of legalized gambling, and the "too big to fail" banks
have transformed Wall Street into the largest casino in the history
of the planet. When this derivatives bubble bursts (and as surely
as I am writing this it will), the pain that it will cause the
global economy will be greater than words can describe....
"too big to fail" banks run up enormous profits from their derivatives
trading. According to the New York Times, U.S. banks
"have nearly $280 trillion of derivatives on their books" even
though the financial crisis of 2008 demonstrated how dangerous
they could be...
those looking forward to the day when these mammoth banks will
collapse, you need to keep in mind that when they do go down the
entire system is going to utterly fall apart. At this point our
economic system is so completely dependent on these banks that
there is no way that it can function without them. It is like
a patient with an extremely advanced case of cancer. Doctors can
try to kill the cancer, but it is almost inevitable that the patient
will die in the process.
same thing could be said about our relationship with the "too
big to fail" banks. If they fail, so do the rest of us. We were
told that something would be done about the "too big to fail"
problem after the last crisis, but it never happened." (I encourage
you to read the complete article cited above; the numbers are
was done to cure the cancer of what happened with the banks in
2008. Red flags the size of football fields were waving in Congress'
face yet their only solution was to defecate on the U.S. Constitution
and steal from you, me and our children to bail out banks that
went right back to business as usual once the holes in the damn
were plugged. That same dam is going to 'blow' as they say and
this time, there isn't enough paper confetti aka "dollars" on
this planet to bail them out - which the Outlaw Congress has no
legal authority to do.
2008, the idea of state owned banks has made a lot of money for
those who write books about the subject. Incredibly, the "solution"
is even more fantastical than one could imagine: Ellen
Brown's Web of Debt Is an Anti-Gold Currency, Pro-Fiat Money,
Greenback, Keynesian Tract. Why on earth would one promote
opening state banks that would use fiat currency when anyone who
has spent at least some time learning about this issue knows that
as Thomas Jefferson said, "Paper is poverty .... it is only the
ghost of money, and not money itself."
states of the Union are NOT prepared for the inevitable - a currency
or "dollar" crash if you will. Don't state legislators understand
this time around even if the thieves in the Outlaw Congress (which
might be GOP controlled after November) decide to dump on the
Constitution again, there isn't any money to bail out the banks?
Don't state legislators understand the U.S. Treasury is broke
and in debt to the thieves who own the "Fed"? (Not we the people).
Do they not understand what a currency collapse will mean?
are they going to do when this next tsunami rolling across the
country snaps like the 1989 Loma Prieta earthquake in the SF Bay
Area which caused the collapse of the upper deck of the SF-Oakland
Bay Bridge and one freeway overpass? That earthquake rolled up
the San Andreas fault and snapped when it hit the Bay Area causing
massive damage, injuries and death. How will they pay the bills?
will they pay the absolutely massive pension obligations in their
Pensions $2 Trillion Short of What They Owe Retirees- where
is that "money" going to come from? We're talking trillions with
the numbers growing exponentially as more baby boomers in the
public sector retire. How much more in taxes are we the people
to pay in an effort to stave off the inevitable and then what
will people do? What will the states do when the pension obligations
eat up the most of their revenues? Maybe won't happen with small
states as quickly, but it will in states like California, Texas,
Oregon and others.
inflation is bad now with the price of food and gas, just wait
a little longer. The purchasing power of the dollar continues
to erode which makes people say, "How come everything is so expensive?"
Instead of taking the time to find out what is no longer taught
in high schools, they simply bend a little further under the yoke.
of us have been trying to years to get our state legislatures
to pass and get signed into law a constitutional sound money bill.
Utah passed a watered down version of one several years ago, but
how about the other states? Sure, in some states bills have been
introduced but none have been signed into law that I am aware
768: Sound Money Promotion Act was introduced in the Outlaw
Congress on April 18, 2013, by Sen. Mike Lee with an expected
pass rate of 0%. "A bill to treat gold and silver coins used as
legal tender in the same manner as United States currency for
enough, I ran across this article yesterday dated September 8,
in Gold Can Shaft The IRS
"In 2011, the state of Utah passed a law banning taxes on the
use of gold and silver coins as currency and permitting residents
to remit state taxes in these coins. Big deal, you might say.
That's already in the Constitution: “No state shall…make anything
but gold and silver coin a tender in payment of debts.”
has done something similar, confirming that transactions taking
place in gold and silver are free from state taxes on the exchange
medium. Currently, in federal law, if you buy things with gold,
for example, you have to declare as taxable the gain on any market
appreciation of the gold you used to make the purchase.
it's not real federal law. It's just a piece 0f “administrative
law,” that poor relation of real law, which an agency, the Internal
Revenue Service, came up with outside of the Congressional and
the judicial processes. If you look at real law, statutes signed
by the president and Supreme Court decisions from over the centuries,
it has been affirmed time and again that the feds must consider
gold and silver coins and their own paper notes as dollars as
denominated, one and the same. What a delicious opportunity this
presents when it comes to taxation."
read the article. A dear friend of mine did and sent this: "Why
is this appearing at all in Forbes? And why now? Some people have
been dealing with this subject for decades, without a scintilla
of coverage in the big financial media." Good questions. Perhaps
enough people are becoming educated on the issue of our monetary
system and how it's destroyed our economy and people's livelihoods.
Perhaps former Congressman Wright Patman's words from a speech
he made on September 30, 1941, entered into the Congressional
Record, now have some meaning:
our Federal Government, that has the exclusive power to create
money, creates that money and then goes into the open market and
borrows it and pays interest for the use of its own money, it
occurs to me that that is going too far. I have never yet had
anyone who could, through the use of logic and reason, justify
the Federal Government borrowing the use of its own money... I
am saying to you in all sincerity, and with all the earnestness
that I possess, it is absolutely wrong for the Government to issue
interest-bearing obligations. It is not only wrong: it is extravagant.
It is not only extravagant, it is wasteful. It is absolutely unnecessary.
take the Panama Canal bonds. They amounted to a little less than
$50,000,000 — $49,800,000. By the time they are paid, the Government
will have paid $75,000,000 in interest on bonds of less than $50,000,000.
So the Government is paying out $125,000,000 to obtain the use
of $49,800,000. That is the way it has worked all along. That
is our policy. That is our system. The question is: Should that
policy be continued? Is it sane? Is it reasonable? Is it right,
or is it wrong? If it is wrong, it should be changed.
I believe the system should be changed. The Constitution of the
United States does not give the banks the power to create money.
The Constitution says that Congress shall have the power to create
money, but now, under our system, we will sell bonds to commercial
banks and obtain credit from those banks.
believe the time will come when people will demand that this be
changed. I believe the time will come in this country when they
will actually blame you and me and everyone else connected with
this Congress for sitting idly by and permitting such an idiotic
system to continue. I make that statement after years of study.
have what is known as the Federal Reserve Bank System. That system
is not owned by the Government. Many people think that it is,
because it says `Federal Reserve'. It belongs to the private banks,
private corporations. So we have farmed out to the Federal Reserve
Banking System that is owned exclusively, wholly, 100 percent
by the private banks — we have farmed out to them the privilege
of issuing the Government's money. If we were to take this privilege
back from them, we could save the amount of money that I have
indicated in enormous interest charges.”
February 2013, I wrote a column titled: The
United States Supreme Court Should Be Impeached: "The first
involves a dear friend of mine, Tom Selgas; the case was Selgas
v. HCAD. Docket 12 -39 was scheduled for September 24, 2012. Act
surprised, denied. A new Writ of Certiorari was filed, February
8, 2013, using a different Petitioner, MyMail, Ltd and different
Respondent, Internal Revenue Service. The attorney of record is
Larry Becraft. Once it's posted, I'll send it as a link in my
free email alerts. Again, it deals with the value in "dollars"
regarding gold clauses." (Cert
is so important about Tom's case? I urge you to read the Writ
of Certiorari filed with the the United States Supreme Court.
If not today, book mark and read over lunch or on a weekend until
you get through it because it is very important. Tom and his wife
paid for their beautiful homestead and acres with gold. The dispute
is with appraisal of the property; gold vs worthless "Federal"
Reserve Notes (the "money" in your wallet). "The Texas Twelfth
Court of Appeals held that the monetary value of a private “gold-clause
contract,” which required payment solely in currently minted United
States legal-tender American Eagle gold coins, is not the aggregate
face value in “dollars” of the coins actually tendered; but rather
is measured by those coins aggregate value in Federal Reserve
notes, which is many times the value assigned by Congress.
this decision is allowed to stand, State courts can randomly set
the value assigned to such U.S. legal tender based on the perceived
“market value” of gold on any given day. This would result in
widely fluctuating valuations of U.S. legal tender in different
jurisdictions throughout the United states, nullifying the protections
authorized by the use of “gold-clause contracts” and triggering
profoundly negative effects throughout the United States. A critically
important issue the U.S. Supreme Court simply ignored." Act surprised:
Cert denied. They filed for a rehearing. Act surprised. Denied.
The U.S. Supreme Court is more interested in hearing cases about
protecting the "rights" of sexual deviants than important cases
that affect all of us.
Professor Domitrovic writes, the Gestapo aka IRS simply makes
up "administrative" law and shoves it down our throats while the
gutless cowards on the "Supreme" Court ignore valid cases to right
must put priority issues on the front burner (think
constitutional militia) and a constitutional sound money bill
is absolutely critical to every state.
is a working paper I wrote for our state legislature here
in Texas for the 2013 session. Of course, nothing was done despite
our efforts. You can use it as a sample for your state. For all
the tea party chapters in the U.S., 9-12 groups and other constitutionally
minded groups, get together, get the package done and get to your
state legislators now. I know, it's an election year and some
may not get reelected, but all bills have to be in the hopper
by Thanksgiving or it's too late except under 'extraordinary'
circumstances. Many state legislators list their home phone and
address on their official web site so get on the phone and get
a sit down with he or she and present your package. Get a commitment
to get back with you to discuss it before it's too late.
these with your working paper:
- Dr. Edwin Vieira's nine
page presentation for a bill in Montana. That document will
show your state representative that other states are at least
making some effort. I can tell you that the biggest problem besides
ignorance on the part of state legislators is party politics.
In all their stupidity, I have watched 'sound money bills' get
killed by one party or the other ignoring the consequences of
their actions. They get away with it because we the people don't
turn up the fire and force the issue.
model piece of legislation Dr. Vieira wrote for the states
and included in his two volume work, Pieces of Eight: The
Monetary Powers and Disabilities of the United States Constitution
(2002), the most comprehensive study in existence of American
monetary law and history viewed from a constitutional perspective.
Print it out for your package. Edwin gave me permission to make
- There are three other documents that need to be put
on a CD and included in your package. They are too long to print
out, but anyone who reads them (like your state representative)
will fully understand the problem, how perilous the situation
is and hopefully, move them to get a bill written and introduced.
of Edwin Vieira, Jr., with Respect to the Authorization for a
Study Commission to Investigate the Need for An Alternative Currency
in Virginia, February 2, 2012
Introductory Primer on The Constitutional Authority of the States
to Adopt An Alternative Currency by Edwin Vieira, Jr., 2011
in Money and Banking Has Led America to Fascism - Address
to the Annual Spring Meeting of the Committee for Monetary Research
& Education, Union League Club, New York City, May 17, 2012
week I wrote my column about muslim terrorists already here in
the U.S. and how dangerous they are to we the people. As expected,
useful fools have plastered the most vile comments about me on
their blogs, which no one reads except the few pitiful sycophants
who worship at their feet. As most Americans know by now, yet
another savage, this one allegedly homegrown although at this
point we don't know if he is natural born or an immigrant or perhaps
even an illegal, sawed off a woman's head and tried to stab another
woman to death after he was fired from his job following an argument
about stoning women. Beheading in the heartland - Oklahoma.
sure as I knew that was coming, I know, despite the lies spewing
from the discredited and useless "mainstream" media, the very
worst is coming at us economically and if the states do not pass
sound money bills this next coming session, it will be too late.
As the author of the derivatives article cited above says, when
the derivatives bubble blows, you will be affected
because when you factor in all the other problems with our monetary
system, our foreign entanglement in agreements like Basil and
our horribly high unemployment rate, it will be ugly.
three pieces below should be read by every adult aged American
in this country; sadly most won't. But, your state rep and senators
should. If you can, print them out and include them in the package
with the items above. I know, it's a lot of reading, but you can
stress to your state legislator the items below will be very helpful
to them in getting their colleagues on board for a constitutional
sound hard money bill. What are they going to say, "I don't want
Cross of Gold by Dr. Edwin Vieira
the American people must be convinced now—immediately, if not
sooner—ahora mismo, as our Spanish-speaking friends would say—that
this country's economy cannot be restored by mere repair or renovation
of the existing edifice of money and banking, but only by its
total replacement. The present structure is rotten to its very
foundations, and even below. It lacks the capacity to survive—and
can claim no right to be saved.
new structure must be built from the ground up, on a new site,
according to a different plan, with better workmen. If this can
be accomplished, then for the first time in generations Americans,
indeed all of mankind, will enjoy honest weights and measures
in the monetary field—and with that reform, will have a realistic
hope to restore honest commerce and honest politics as well."
to Restore Constitutional Money: The Challenge by Dr. Edwin Vieira
U.S. Monetary System and Descent into Fascism An Interview with
Dr. Edwin Vieira
highly encourage everyone to look
at this slide presentation put together by my dear friend,
Tom Selgas (mentioned in the case above). Click on General Lawful
Money of the United States PPT and let it load. This presentation
makes it truly easy for all of us to understand what has been
done to the value of a dollar or as Tom calls it 'silent theft'.
Share it with friends. If you personally know a state legislator
or senator, get them to view it because they need to wake the
Segarra: Secretly Tape Recorded Goldman and New York Fed
2 - Is
America on the Edge of a Depression? Get Prepared Now
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