Speech by Representative Traficant who Reports On The Bankruptcy of the United States
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 Government 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 defacto 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 and 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 (FRN's) made 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 in 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 (FRN's) are unsigned checks written on a closed account. FRN's 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 FRN's has everybody fooled. They have access to an unlimited supply of FRN's, paying only for the printing costs of what they need. FRN's 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 FRN's, 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 and valuable consideration." Unpayable 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 (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 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 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. citizens, 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 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 unpayable federal debt. They also pledge the unincorporated federal territories, national parks forest, 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 non 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.
http://www.arcticbeacon.com/articles/15-Mar-2008.html
That was painful to read. I should mention that during the Trafficant debacle- the DC sniper distracted everyones attention as Jimmy went to jail.
At any given time, i'd bet 95% of the Congress could be caught doing some type of criminal act, usually involving money or the passing of classified info, or by getting caught in "honey traps" so they can be compromised into voting for legislation.
So it's more that a bit curious that Traficant was the one the feds decided to nail to the wall.
Traficant was also in favor of a Palestinian state, and that type of thinking will surely get anyone in trouble.
and a link to the official speech in the congressional record.
this needs to get around the world and back.
everyone must know the truth.
"Money" has no value - people do.
The speech is one of Traficant's one minute floor speeches that were so entertaining. It is located here: The Bankruptcy of The United States United States Congressional Record, March 17, 1993 Vol. 33, page H-1303
but only saw the first paragraph of this speech.
where's the rest?
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"Money" has no value - people do.
Looks like someone else is claiming this is a hoax. It is possible that Traficant started more than one speech with the same bankruptcy declaration.
The source for the above article is Syzmansky's Arctic Beacon - a known disinfo source.
http://home.hiwaay.net/~becraft/CRTraficant.htm I think I hit a redirect block on that link.
Commander Donaldson was then working closely with Representative James Traficant Jr., Democrat of Ohio, who was looking into the investigation for the House Aviation Subcommittee, and at the commander's prompting, Mr. Traficant sent a list of questions to the F.B.I. One asked if the F.B.I. has "been able to positively identify every single aircraft and surface vessel that was in the proximity of T.W.A. Flight 800 at the time of the accident."
It took more than three months, but in July 1998 an acting assistant director answered the Representative: No. Lewis Schiliro acknowledged the presence of the mystery boat, which he said was at least 25 to 30 feet long and reached speeds of 35 knots, close to 40 miles per hour. "Despite extensive efforts, the F.B.I. has been unable to identify this vessel," he said.
The response is somewhat alarming given the F.B.I.'s assurances that it had turned over every stone-and given the fact that many eyewitnesses on Long Island said they had seen a flarelike object streak up from the horizon before the explosion in the air. Yet the speeding mystery boat goes unmentioned in the mainstream press.
I first learned about it in a scientific report on "anomalies" in the Government investigation that has been widely circulated on the Net. "I show this data to physicists and their jaws drop," said the report's author, Thomas Stalcup, a graduate student in physics at Florida State University who heads an Internet group of 40 people with a technical background, called Flight 800 Independent Researchers' Organization, or F.I.R.O.
Mr. Sephton, a F.I.R.O. member, said, "It's really weird that there are no eyewitnesses reporting from that vessel. These are the people who are pulling out from under the flaming debris, and none of them calls the 800 number that is set up by the F.B.I."
The N.T.S.B.'s Mr. Goelz disputes the suggestion that the boat was fleeing.
"It's perfectly reasonable to assume, because they were on a direct course and the explosion didn't occur in front of them, that they didn't see it," he said. Given the boat's speed, those on board may have heard nothing over the engine noise.
"They would have to be deaf, dumb and blind not to have seen something," Mr. Sephton said. Commander Donaldson pointed out that the explosion was "a huge physical event" that filled the night sky behind the boat with a curtain of burning fuel. "It would be like having the sun come up at midnight right behind you," he said. "You would feel heat on the back of your neck. And you're going to feel the concussion. The explosion rattled windows on the beach 10 miles away."
It would seem that even the F.B.I. secretly regarded the 30-knot track as suspicious. For six months, the Government conducted a $5.5 million trawling operation of the waters surrounding the crash, using scallop boats. Commander Donaldson has obtained documents left by the F.B.I. on one scalloper, showing that the F.B.I. was specifically looking for shoulder-fired Stinger missile parts-notably a Stinger ejector motor-in what the F.B.I. called a "possible missile launch zone" 2.7 miles from the crash. That circle included the mystery boat.
"If it's a legitimate criminal investigation, with a possibility of 230 homicides, how do you close the investigation when you haven't identified the boat that was within missile firing range?" said Commander Donaldson, who investigated a dozen crashes in the Navy. "To me that's egregious. I don't see how you justify it."
An aide to Representative Traficant said the F.B.I. and N.T.S.B. should have been more open about the mystery boat. Paul Marcone said, "Kallstrom should have come out and said, Here are some things we haven't been able to explain."
http://www.jewishworldreview.com/philip/weiss070999.asp
I watched that speech somewhere and thought way back then that the American populaion is going to go fricking nuts once the ramafications of USA recivership would have on the general life model in use at the time. Now we are coming to see the real losses. Anyone want to guess at the REAL tonnage of gold (HG) for real that is still withinn American borders?
I will tip you to this.. it is FAR FAR less than even the most conservitive thinkers think.
Your enemy OWNS every pawn shop ever. Think they leave any gold behind after the times get rough and tough???
Or perhaps you think that Ft Knox is just jammed with the stuff like at the end of Battlefield Earth when Tarvolta gets caged in and left???
Carter signed the XO to hide that inventory in 75' i think so think again.
Or ask yourself this
Q: Why is there not going to be a non-violent end to this looting and ultimate destrcution of the USA as it is known now.
A: Love of Greed
Greed will fuck your land faster than ANY other force known to man...
Mark my words on that.
First you take D.C. Then you take New York
it doesn't matter if he said it or not - we just need to verify the truth of its substance.
Greg - re: TWA and EgyptAir flights - Something very fishy about both those crashes.
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"Money" has no value - people do.
Think of it like this..
The Israeli Embassy is a radioactive hotspot for a very 9/11 like event.
Just try to get a ground based radiation detector anywhere near that hole i Dare you to gather that info. Not that you would get anywhere close with ANY truck let alone a huge rad sensor on a 18 wheeler.. But the threat is already a matter of record save for it's potential explosive forces. Safe money is on big ass crater with vast fallout dieoff.
Or you can clean up your messes?
Fire or Work?
Bullshit money or real reforms with real above board transactions?
We can have NuclearWinter or you stupids can work out all this DEATH play RIGHT NOW! No Waiting! Suck it up or get fucked America no shit on this fallout issue. The Whole world is watching down the barrels of there collective shotguns just waiting for you to try to weasel out of the pickel you are in.
Work as a unit NOW stop your WAR machine and your WAR government or YOU will fall America. It's that simple.
First you take D.C. Then you take New York