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ozmirage
28th February 2024, 00:59
The Derivative Doodlebug

I recently watched a YouTube video about "derivatives" and the various Nobel prize winning eCONomists involved.

With no due respect, eCONomists are running a long con. Which then extends to the stock market, finance, and thus the victimization of investors.

Why are eCONomists con men?

The short answer : they're apologists for usury. . . the fee, in money, for the use of money (or extension of credit).

The long answer : Usury has been condemned for "only" 3500 years, proscribed by all religions that I checked, and mathematically unsustainable in any finite money token system. Worse, compound interest is calculated with an exponential equation which requires an infinite money token supply to operate over any span of time.

In short, it's a scam to legally rob. Usurers get their fee - or - confiscate pledged collateral. The debtors are unaware that a portion must default, simply because enough money does not exist. The "game" is rigged.

Usurers aren't stupid. They routinely buy governments and academics to protect their scam. We even agree to abide by THEIR rules when we sign a "signature card" at any Bank.

But there's more than usury . . . there's money madness. That's the belief that money has an intrinsic value independent of the marketplace of goods and services. This leads to the insane belief that money can "store wealth" as if hoarding money and removing it from circulation is a "good thing." In fact, the function of any medium of exchange is to facilitate trade when barter is insufficient. Strangle trade and you strangle prosperity.

Lastly, is the medium of exchange. In American law, a constitutional dollar is composed of silver. A gold coin, denominated in eagles has a dollar equivalence, but it's not a unit dollar (silver). [See Coinage Act of 1792, and USCON, Art 1, Sec 8, Sec 10].

Since 1933, no dollars have circulated. Dollar bills (Federal Reserve Notes) are IOUs (debt) denominated in dollars, but have a MINUS value until redeemed. But in HJR 192, June 1933, and again in the Gold Reserve Act of 1934, Congress repudiated redeeming their notes with lawful money (gold or silver coin).

That means since 1933, no dollars have been in circulation and all references to dollars are really to worthless securities that are "legal tender" upon obligated parties. Pursuant to Title 12 USC Sec 411, the US Gubmint is an obligated party.

Guess how 330 million "human resources" become pledged as collateral? Hint : involves a numbered account that makes you a "contributor" as well as a "beneficiary" of a tontine scam.

Suffice to say, the outstanding debt, in dollars, is impossible to repay. Not only is there not enough bullion in the world to stamp into lawful money, worthless IOUs cannot pay debt. A minus added to a minus is more minus. Which means Congress was never lent 33+ trillion "dollars" since the gold and silver coin does not exist.

But the public debt's validity cannot be challenged pursuant to Clause 4, 14th amendment, USCON. And that is the CON of all CONs, that eCONomists help prop up.

* There are no dollars * Dollar bills are worthless * If everyone withdrew from SocSec, the eCONomy would implode, as dollars bills would cease to be fungible * Billionaires would become Zero-aires overnight * And no one with an interest bearing personal bank account (usury) is a member in good standing in any religion that condemns usury.

(FYI : Ezekiel 18:13 KJV states that usurers are abominations under a death sentence. Even Jesus whipped the usurers (money changers) out of the temple.)

ozmirage
28th February 2024, 06:47
What's a little abomination between friends?
(If he beget a son that) Hath given forth upon usury, and hath taken increase: shall he then live? he shall not live: he hath done all these abominations; he shall surely die; his blood shall be upon him.
- - - Ezekiel 18:13 (KJV)
If I understand this, it states that usurers are abominations under a death sentence, and the blame for his death is upon his own hands - not the one who kills him.

You may also recall that the sole account of Jesus getting violent is when he whips the usurers (money changers) out of the temple. Remember, Jesus forgives those who crucify him, but whips the usurers.

Coincidentally, I think the government does "Trust in God" and as long as they restrict their abuse to enumerated usurers, God will NOT intervene and inflict "Divine Wrath" on behalf of the suffering masses. Government does refrain from harassing those who are "outside" the system, as evidenced by the Amish, Mennonites, and other sects who refuse FICA and usury.

To put it delicately, most Americans, especially Christians, are in violation of their own religious rules when they engage in usury, the abomination. They are "dead men" according to their own Scriptures ... infidels ... unfaithful.

OUCH. Institutional religions that no longer condemn usury are also in conflict with their scriptures. (Though there are those who condemn the Roman Catholic Church, they fought the "good fight" against usury for 1918 years. Protestant sects capitulated to usurers far earlier. Go figure.)

Which also means that the whole basis for "Western" Finance is corrupt and vile. And it's the only game in town...
D'Oh.

Honestly, we're victims of a deliberate perversion. It may explain the strange support given to those who were previously considered repugnant, and the abuse rained upon the righteous.


Communal Work
:-:-:-:
https://en.wikipedia.org/wiki/Communal_work (https://en.wikipedia.org/wiki/Communal_work?fbclid=IwAR1AesKpCmEhRn4bdeuauBZ1-GL2IZ2ss6dO5CzlwWA5Zp-dQKNm7fiJMeI)
Communal work is a gathering for mutually accomplishing a task or for communal fundraising, for example through a knitting bee. Communal work was more common in the past, when it provided manual labour to others, especially for major projects they couldn't achieve on their own, for example in barn raising, log rolling, subbotniks, and other bees of various kinds. They are less common in today's more individualistic cultures, where there is less reliance on others than in preindustrial agricultural and hunter-gatherer societies.
:-:-:-:
Subbotnik - unpaid volunteer work
Bee - (Sociology) a social gathering for a specific purpose, as to carry out a communal task or hold competitions: quilting bee.
:-:-:-:
Thanks to money madness, socialism, and a divisive social order, cooperation and mutual support is scarce in our communities.

Though we're thoroughly indoctrinated to embrace money madness, there are plenty of examples of sanity.

Examples of non-money madness (sanity):
[] Parents caring for children and loved ones without remuneration
[] Children caring for their aged and infirm parents without remuneration
[] Extended families supporting each other in times of need
[] Groups of unpaid people who cooperate in "house raising" and "barn raising"
[] Sharing or trading one's surplus
[] Helping to move furniture for a friend
[] Giving away excess harvest to neighbors and friends
[] Aiding in the search and rescue of those in distress
[] Helping others during disasters
[] Volunteer fire department
[] Visiting the sick and lonely
[] Devoting one’s life in service to others
[] Members of religious orders under vows of poverty
[] Volunteering to help in a good cause or on community projects (communal work)
[] Paying it forward (doing more good deeds without remuneration)
[] Cooperating with and assisting others without remuneration

These are blessings upon the community, and raise the quality of life.

When (not if) socialism collapses, all those recipients who are helpless and in need, will require our efforts on their behalf.
We must have compassion for those who truly believe in money madness, and have put their faith in earning interest and dividends from usury. They, too, will suffer as their investments vaporize.

If I could go back in time, 30 years or more, I'd tell myself to invest in an autonomous, disaster resistant, super insulated, "Forever House" with edible permaculture, aquaculture pond, aquaponics and a garden. Have small livestock (chickens, ducks, geese). Have sufficient accommodations for one’s extended family, guests, and friends.

Seek to be independent, self sufficient and self reliant. For when it comes down to it, a man with a year's supply of food will outlive a man with a year's supply of money. A man with two years' supply is truly wealthy and can afford to help his brothers in need.

ozmirage
28th February 2024, 10:25
THE PROBLEM
National debt in excess of 34.282 trillion dollars (Feb 2024)
BUT "dollar bills" are not [gold] dollars.

WORLD SUPPLY OF GOLD (EST) = 6.4 BILLION OUNCES
($132 Billion in lawful money, as defined by the Coinage Act of 1792)***
World supply of gold (est) = 6.4 billion ounces
BUT we owe 1,714 billion ounces (and rising)
http://en.wikipedia.org/wiki/Gold (https://l.facebook.com/l.php?u=https%3A%2F%2Fen.wikipedia.org%2Fwiki%2FGold%3Ffbclid%3DIwAR1BUTYyB5-MlTeEqy__b12wZ3jVlA0YrDUotMEIfXC1VzjzkyT9i9D8FCs&h=AT291MtCaygb2KeljcEJsswbVmQMeAeWCgojj3bOr3n7M7XK8KoTespnUztQ8ZSz_k2GS7XEVYO8Nl5wytNA5j5zDRujWzF51T YI8dHvBCdE6CNjb9BTnm45KH3CrbdLSg&__tn__=R]-R&c[0]=AT149Jd_ndw0vn_xEZ2bKMTLwhzZnOXKzQNP_Cb6Cq49crKhqf-H-OwEcjL4kz7U2kVoYuBqjL_PkLnQfzeaIS5t3bY1fZnZeeuboGo96t6KFRjCuwRqFnx0NHaA48pdreqTBUuCWnAArTVdms39J9zSO YJoZDZTLXQQ1rOQPhAihxFX-lZpt-T0D11tcIm7vnoGLQwu-tQ7OwSbKhiEkFc)

***Pursuant to the Coinage Act of 1792, a Double Eagle = coin containing 0.9675 ounce (troy) of gold bullion and other alloys. Equivalent to 20 unit dollars.

DIVIDE the debt (in dollars) by 20, to compute the number of coins, and then multiply that by 0.9675 to compute the amount of GOLD BULLION NEEDED.

Ex: 34.282 trillion dollars computes to 1.714 trillion ounces (Troy) of gold, stamped into coin.

With only 6.4 billion ounces of gold in the whole world, Congress racked up a debt equivalent to 1,714 billion ounces of gold stamped into coin.
__________
HOW is this possible?
ANS: The national debt is a complete FRAUD !
WHY won’t any politician address this?
__________
“The validity of the public debt of the United States, authorized by law, including debts incurred for payment of pensions and bounties for services in suppressing insurrection or rebellion, shall not be questioned.”
- - - Section 4, 14th amendment, USCON
“The validity of the public debt ... shall not be questioned.”

Even if the public debt is insane, impossible to repay, and based on fraud due to usury, it shall not be questioned.

THE CON IS ON!

ozmirage
28th February 2024, 10:44
BEING A PERPETUAL VICTIM OF COLLECTIONISM
. . . :-:-:-:-:-: . . .
Most Americans were indoctrinated to be docile victims of the Collectors, who nibble away at our labor and possessions.

Excise taxes, being limited to government privileges, have no inherent limit nor remedy other than not exercising government privileges.
You may not know it, but practically every transaction is subject to an excise tax, because no one is "paying debt" as defined by the USCON.

Art 1, Sec 8, Sec 10 limit States to gold and silver coin as tender in payment of debt. If you've never used lawful money, you have never paid debt. You're discharging obligations with worthless securities and for that privilege, you're hooked.
. . . :-:-:-:-:-: . . .
For long term prosperity and immunity from the Collectors, one may withdraw consent from submission to the State, from participation in national socialism (FICA), and from agreements with usurers (Federal reserve system).
In addition, one may buy big ticket items, with a minimum of $21 silver or gold dollars, to comply with the USCON, and guarantee access to the rules of the common law - not statutory emergency rules.


A BRIEF GRIEF ON MONEY
...
Article 1, Section 10. U.S. Constitution
No State shall ... coin Money; emit Bills of Credit; make any Thing but gold and silver Coin a Tender in Payment of Debts; pass any ... Law impairing the Obligation of Contracts, ...

In Suits at common law, where the value in controversy shall exceed twenty dollars, the right of trial by jury shall be preserved, and no fact tried by a jury, shall be otherwise re-examined in any Court of the United States, than according to the rules of the common law.
- - - Seventh Amendment, USCON
{In the Wiki article, they dance around the $20 value as if it didn’t matter.}

Art. 1, Sec. 8, and Sec. 10 establish that lawful money is coin, gold or silver, and for the preservation of common law rules in their courts, the value has to exceed 20 dollars.
Where else can we see that same value?

http://en.wikipedia.org/wiki/Pauper%27s_oath
“I do solemnly swear that I have not any property, real or personal, exceeding $20, except such as is by law exempt from being taken on civil process for debt; and that I have no property in any way conveyed or concealed, or in any way disposed of, for my future use or benefit. So help me God.”
If one has no property in excess of $20, one is not within the purview of common law rules.

Problem : Since 1933, no lawful money has circulated. No one has twenty one dollars. Which may explain why FDR abolished the Pauper’s Oath as a prerequisite for federal charity (“Relief”).

NAILED TO A CROSS OF GOLD
https://en.wikipedia.org/wiki/Cross_of_Gold_speech
The Cross of Gold speech was delivered by William Jennings Bryan, a former United States Representative from Nebraska, at the Democratic National Convention in Chicago on July 9, 1896. In the address, Bryan supported bimetallism or "free silver", which he believed would bring the nation prosperity. He decried the gold standard, concluding the speech, "you shall not crucify mankind upon a cross of gold". Bryan's address helped catapult him to the Democratic Party's presidential nomination; it is considered one of the greatest political speeches in American history.
= = = =
And his opponents, the banksters and their minions, prevailed, and kept America nailed, and thus amenable to the “elastic” currency offered by the Federal Reserve Act of 1913... which bankrupted the government 20 years later (1933).

OKAY OKAY OKAY . . . we get the picture.

So we withdraw consent, buy our big items with $21 silver dollars, etc, etc, etc.
BUT WHY?
Anti-peonage laws.
No state can impose a judgment or duty that impoverishes one so that they become a pauper, dependent upon the State.

In the Georgia State constitution, Art 1, Sec 1, Para 26, there is a constitutional exemption of 1600 dollars.
"Exemptions from levy and sale.
The General Assembly shall protect by law from levy and sale by virtue of any process under the laws of this state a portion of the property of each person in an amount of not less than $1,600.00 and shall have authority to define to whom any such additional exemptions shall be allowed; to specify the amount of such exemptions; to provide for the manner of exempting such property and for the sale, alienation, and encumbrance thereof; and to provide for the waiver of said exemptions by the debtor."
- - - Georgia Constitution, Article 1, Sec.1, Paragraph 26
-----
If I buy my land for $21 (silver) and my house for $21 (silver) and my automobile for $21, and so on for 72 more purchases, my private property is EXEMPT for the most part, and I am judgment proof... unless I consent (waive exemptions).

Check your own state constitution and statutes for similar anti-peonage protection / exemption. They vary from State to State.

ozmirage
28th February 2024, 11:02
WHAT IS "NOT" MONEY REFERENCE
- - - - -
FEDERAL RESERVE NOTES

TITLE 12 USC SEC 411
TITLE 12, CHAPTER 3, SUBCHAPTER XII, sec. 411. Issuance to reserve banks; nature of obligation; redemption
" Federal reserve notes, to be issued at the discretion of the Board of Governors of the Federal Reserve System for the purpose of making advances to Federal reserve banks through the Federal reserve agents as hereinafter set forth and for no other purpose, are authorized. The said notes shall be OBLIGATIONS of the United States and shall be receivable by all national and member banks and Federal reserve banks and for all taxes, customs, and other public dues. They shall be redeemed in LAWFUL MONEY on demand at the Treasury Department of the United States, in the city of Washington, District of Columbia, or at any Federal Reserve bank."
OBLIGATION - A debt instrument, such as a loan, mortgage, or bond.

The dollar bill (FRN) is an IOU, issued on the authority of Congress to BORROW money.
Ahem - where's the lawful money lent to the Congress?
LAWFUL MONEY - "The terms 'lawful money' and 'lawful money of the United States' shall be construed to mean gold or silver coin of the United States..."
- - - Title 12 United States Code, Sec. 152.

"Dollars, or units; each to be of the value of a Spanish milled as the same is now current, and to contain three hundred and seventy-one grains and four-sixteenths parts of a grain of pure, or four hundred and sixteen grains of standard, silver."
"Eagles each to be of the value of ten dollars or units, and to contain two hundred and forty-seven grains and four eighths of a grain of pure, or two hundred and seventy grains of standard gold."
- - - Sec. 9, Coinage Act of 1792, January 1792
NO DOLLARS were loaned to CONgress, since there isn’t enough bullion available to account for the 34+ trillion DOLLAR national debt.
What really happened was that CREDIT was extended, at usury, to the bankrupt CONgress and we’ve been operating on debt-credit ever since 1933.

According to Title 31 of the U.S. code, a silver dollar complies with the original Coinage Act... actually has a wee bit more silver (or other alloys to bump up the weight).
31 USC Sec. 5112. Denominations, specifications, and design of coins
(e)(1) ...weight 31.103 grams;
(e)(4) have inscriptions ... 1 Oz. Fine Silver ... One Dollar
BUT for some "strange" reason, the government won't pay folks with lawful money anymore. Ask them for an explanation.
Oh, right, thanks to the emergency (bankruptcy) Congress won't redeem their notes, because they don't have any real money. It was all given to the CREDITOR.
And if you are signed up with FICA, as a "contributor" you are equally liable on the public debt, making "dollar bills" into YOUR obligation and thus legal tender.

BUT BUT BUT "they" never explained this, did they?
FRAUD can't be a basis of law and government, can it?

ozmirage
28th February 2024, 11:15
GLOBAL FINANCE SWINDLE
. . . . . . .
What makes this situation global?

Go to the IMF site, and look up WHO the U.S. governor of the IMF is.
Go read Title 22 USC Sec. 286(a) about compensation for the U.S. governor.
Then read Executive Orders 6073, 6102, 6111, 6260, 6560, where the nation's gold is under the control of the Secretary of Treasury (aka today's "U.S. governor").
---------------------
References:
http://www.imf.org/external/np/sec/memdir/members.aspx
http://codes.lp.findlaw.com/uscode/22/7/XV/286a


Jay Shambaugh is the current US Governor.
Dr. Jay Shambaugh serves as Under Secretary [Treasury] for International Affairs.
(In the past, it was the Secretary of Treasury, but still, the creditor's agent is "our" boss)
Title 22 USC Sec. 286(a)(d) Compensation for services
(1) No person shall be entitled to receive any salary or other compensation from the United States for services as a Governor, executive director, councillor, alternate, or associate.
The president "picks" the US Governor, but "we" don't pay him.
He works for "somebody else."

Compensated by the Fund
Title 22 USC 286a(d) (2) The United States executive director of the Fund shall not be compensated by the Fund at a rate in excess of the rate provided for an individual occupying a position at level IV of the Executive Schedule under section 5315 of title 5.
{Translation: The “executive director” / U.S. governor shall be paid by the FUND, but not more than what a government drone would be paid.}

Gotta luv doubletalk!

Who is the “fiscal agent” of “the FUND?”
TITLE 22 USC Sec. 286d. Federal Reserve banks as depositories.
Any Federal Reserve bank which is requested to do so by the Fund or the Bank shall act as its depository or as its FISCAL AGENT, and the Board of Governors of the Federal Reserve System shall supervise and direct the carrying out of these functions by the Federal Reserve banks.
THE US GOVERNOR IS PAID BY THE FEDERAL RESERVE CORPORATION.
And this explains one of the reasons why Federal Reserve Notes are the global currency.

The TAIL wags the DOG.

ozmirage
28th February 2024, 23:37
TL,DR version:
eCONomists and their handwavium keep us from asking : WHO has the power to CREATE new mediums of exchange to facilitate trade when BARTER is insufficient.
CONgress has no power to CREATE "constitutional" money. It can only coin money (stamp bullion). It cannot create bullion.
BANKS certainly have no power to CREATE money. They can't even exist without government permission.

. . . .
Who has the power to emit private promissory notes (like "coupons" denominated in goods and services)?
The laborers and businesses that create the goods and perform the services.

BUNGO ! BINGO !