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“Our Land: Collateral for the National Debt”

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  • Wed, Apr 14, 2010 - 06:05pm

    #1

    DrKrbyLuv

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    “Our Land: Collateral for the National Debt”

We commonly use two misleading expressions; “money out of thin air” and “government printing press” both imply that our money has no backing.  And often, the term “fiat” money is used to imply the same misconception.  The truth is that every dollar (FRN) issued by the private banks is backed by the good faith and credit of “We the People.”

It is true that the money is created for free by the private banks and it is true that the banks add neither any banking or reserves but; it is not free for “We the People.”  The banks use our credit which means we are backing the money.  If you are wondering why we as a nation; are paying private banks interest and principal for money created via OUR credit – you are catching on – but that’s another story! 

I have often wondered what the reckoning might look like when we finally begin to default on our national debt.  What’s on the other side of national bankruptcy?  In some other bankrupt countries, we’ve seen natural resources taken and public infrastructure privatized in leiu of debt repayment.  This article provides some other possibilities and a plan for what may be coming:

A listener sent me a copy of a report of the FOURTH WORLD WILDERNESS CONGRESS, which was held in Denver in 1987.  Over 1500 people from sixty countries were told that wilderness lands were to protect the reindeer, the spotted owl and other endangered species.  Ninety percent of the group consisted of conservationists, ecologists, government and United Nations bureaucrats.  The other ten percent were world banking heavyweights, such as David Rockefeller of Chase Manhattan Bank, London banker Edmund de Rothschild and the Secretary of the U.S. Treasury, James Baker, who gave the keynote address.  George W. Hunt, an investment councilor, served as official host and sat in on all the meetings.  It was George Hunt that wrote the report from which I have gleaned much of my information.

During the first three days, the group was told that the WILDERNESS CONGRESS was about beating the ozone deterioration and bringing the rain forests back.  The following days were closed to the public.  With only the bankers in attendance, the topics discussed centered on the creation of a “WORLD CONSERVATION BANK” with collateral being derived from receipt of wilderness properties throughout the world. 

This bank would have central bank powers similar to the Federal Reserve.  It would create currency and loans and engage in international discounting, counter-trade, barter and swap actions.  Rothschild personally conducted the monetary matters and the creation of this WORLD CONSERVATION BANK.  This bank would refinance by swapping debt for assets.  A country with a huge national debt would receive money to pay off the debt by swapping the debt for wilderness lands.  The plan was to swap one trillion dollars of Third World Debt into this new bank.  In the long term, when the countries won’t be able to pay off the loans, governments from around the world will give title to their wilderness lands to the bankers.

George Hunt wrote: “Title to the lands will go to the World Wilderness Land Inventory Trust. This Trust will float into the World Conservation Bank by the unanimous decree of the world’s people, saying, God bless you for saving our reindeer.Hunt goes on to say that World Bank loans, as they stand now, are not collateralized.

They’re saying, we want collateral, so when we loan-swap this debt, we’re going to own the Amazon if you default. They’re going to make their bad loans good by collateralizing them after the fact with all of this land and somebody is going to end up with title to twelve and half billion acres. They have multi-trillions of dollars upon which they can create currencies and loans and they’re going to begin to barter and counter-trade and loan-swap against the United States. The World Conservation Bank is a scheme to monetize land. This will function as a world central bank and out of that bank there will grow a one-world fiat currency.

This isn’t some scheme conjured up during the Bush and Clinton administrations. The United Nations World Commission on Environment and Development was created in 1982. The commission published the “BRUNDTLAND REPORT,” setting the stage for unlimited enactments to take over ecology, and environmental and pollution laws throughout the world. The report stated: “We will have a proposal for very harsh, quasi-spiritual ecological laws for MOTHER EARTH. A MOTHER EARTH COMES FIRST mentality will arise throughout the world.”

Then James Baker made his keynote speech in 1987, he stated that, “No longer will the World Bank carry this debt unsecured. The only assets we have to collateralize are federal lands and national parks.” Baker’s definition of federal lands includes Heritage sites, of which there are about 20 in the United States. I say “about” 20, because they are being added on a regular basis.

As I write this article, Congress is about to vote on a proposed Rim of the Valley National Park that would include over 500,000 acres of National Forest land and 170,000 parcels of private property including many farms and ranches. At the same time there is a bill before Congress called the Northern Rockies Ecosystem Protection Act that would increase the acreage of designated wilderness by 50% in the lower 48 states. *** While our Heritage sites take in quite a large amount of territory, such as Yellowstone National Park and Mesa Verde, the Grand Canyon and the Everglades, other countries have much greater areas. Brazil for example has the Amazon Conservation Complex and Canada has the Canadian Rocky Mountain Parks. As I write this story, the list includes 851 properties in 141 countries, comprising over one third of the earth’s land mass. Will all this land collateralize the world’s debt? Probably not, so along comes NAIS (the National Animal Identification System).

President Jackson drives the Rothschild banking crime syndicate out of the U.S.!

According to the United States Department of Agriculture, “The first step in implementing a national animal identification system (NAIS) is identifying and registering premises that are associated with the animal agriculture industry. In terms of the NAIS, a premise is any geographically unique location in which agricultural animals are raised, held, or boarded. Under this definition, farms, ranches, feed-yards, auction barns and livestock exhibitions and fair sites are all examples of premises.” That may be the definition some government bureaucrat will give you, but the word “premises” under the “international Criminal Court Act 2002- Sect 4, states: The word “premises” includes a place and a “conveyance.” Why check with the International Criminal Court Act? Because on June 8, 2007, Under-Secretary of Agriculture Bruce Knight, speaking at the World Pork Expo in Des Moines, Iowa, is quoted as saying, “We have to live by the same international rules we’re expecting other people to do.”

Throughout the entire Draft National Animal Identification System Users Guide, land is referred to as a premises and not property. A “Premises” has no protection under the Constitution of the United States, while property always has the exclusive rights of the owner tied to it. The Fifth and Fourteenth Amendments of the Constitution protect property rights.

The word “Premise” is a synonym for the word tenement. A definition of the word tenement in law is: Property, such as land, held by one person “leasing” it to another. Webster’s New World Dictionary 1960 College Edition defines “Premises” as the part of a deed or “lease” that states its reason, the parties involved and the property in “conveyance.” Webster then defines “conveyance” as the transfer of ownership of real property from one person to another. It is quite obvious that the bureaucrats in Washington had a very good reason to use the term “premises” and never mention “PROPERTY.”

I am convinced that the word “premise” will put an encumbrance on your deed. The bankers say they want to monetize land. It’s your land and my land they want to monetize.

The bankers are in the process of accumulating the wealth of the world.  Very few privately owned assets can be termed “real wealth.” Genesis 47 describes how Joseph had storehouses full of grain to feed the people, but he didn’t have a welfare program. During the first year of the famine, Joseph took “ALL THE MONEY” the people had for only one year’s supply of grain. The second year he took all their cattle for another year’s supply of grain. The next year they said, “We have nothing left but our bodies and our land. Buy us and our land in exchange for food and we and our land will be servants to Pharaoh.” Genesis 47:21 states, “And as for the people, he removed them to the cities and made slaves of them.”  – complete article link

Larry

  • Wed, Apr 14, 2010 - 08:09pm

    #2
    Peak Prosperity Admin

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    Re: “Our Land: Collateral for the National Debt”

 

Fiat money        http://www.answers.com/topic/fiat-money

 Debt                 http://en.wikipedia.org/wiki/United_States_public_debt

 

US Treasury bonds interest and principal payments are backed by the federal governments power to Tax the people.   Below is the result:

http://www.usatoday.com/news/washington/2007-05-28-federal-budget_N.htm

 

Banks do not use our credit,  they issue  credit  (loans) using base money from the Federal Reserve  and we pay interest and principal on those loans.

 

 

 

 

  • Thu, Apr 15, 2010 - 01:39pm

    #3
    Peak Prosperity Admin

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    Re: “Our Land: Collateral for the National Debt”

I have often wondered what the reckoning might look like when we finally begin to default on our national debt.  What’s on the other side of national bankruptcy?  In some other bankrupt countries, we’ve seen natural resources taken and public infrastructure privatized in leiu of debt repayment.  This article provides some other possibilities and a plan for what may be coming:

Probably the same thing that the bankers have done in every other country.

First blame the government for everything, including the financial crisis (especially when our government creates no money and convince everyone that it does).

Second is to create a long and sustained financial crisis that gets the people to beg for any help they can receive.

Third is to have a social revolution.

And the fourth and final step is to overthrow the current form of government.  In our case in America the plan will probably be to overthrow the government and destroy all the rights guarenteed by the constution, and switch EVERYTHING over to a government licensed privledge.

Basically America is already at this point because you need a license to do anything these days, it’s just in conflict with the highest so called law of the land.

 

Until the people wake up and realize that the power to create money should only be in the power of the public law and not private practice and created for the public good we will never have any rights in this country, nor ever will.  It will be impossible to fund any kind of real change until the people have access to funds that do not have to be borrowed from any group or the group of people who are activily out to destroy this country.

Until the people snap out of their slave mentality and demand debt-free wealth money nothing is ever going to change.

Nothing will ever change until We The People can OWN our medium of exchange.

 

If you can’t own your medium of exchange then you are absoltely enslaved to the people who own it.  The banking system. 

  • Thu, Apr 15, 2010 - 01:50pm

    #4
    Peak Prosperity Admin

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    Re: “Our Land: Collateral for the National Debt”

Carl,

Banks do not use our credit,  they issue  credit  (loans) using base money from the Federal Reserve  and we pay interest and principal on those loans.

If all money is created as interest bearing loans where does the money come from to pay the interest on all that borrowed money since there is no money except that which has been borrowed?

  • Thu, Apr 15, 2010 - 03:54pm

    #5
    Peak Prosperity Admin

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    Re: “Our Land: Collateral for the National Debt”

MONEYCHANGER – That is a far-reaching charge. What basis do you have for that?

HUNT – Well, the London banker Baron Edmund de Rothschild was at the meeting for 6 days. Edmund de Rothschild was personally conducting the monetary matters and creation of this World Conservation Bank (WCB), in the company of I. Michael Sweatman of the Royal Bank of Canada. Those 2 were like Siamese twins, and that’s why I say that it appears they were running at least the money side of this conference, and I would say the conference was primarily to get money. Also, David Rockefeller <of Chase Manhattan Bank> was there, and gave a speech on Sunday…The thing that really set me off was <Secretary of the Treasury James> Baker’s talk.

MONEYCHANGER – Was he there?

HUNT – Oh yeah, he was there. He gave the keynote address. He said that conservation requires “growth and development”. There was a HUM around the audience, because they knew that “growth and development” are antagonistic to conservation.

MONEYCHANGER – Wait now. There are some code words passing here, aren’t there? When Baker says something like that, he’s talking in code about something else.

HUNT – Exactly. He’s talking in code about the *formula*, the “equation” of conservation and growth and development, that is, assets equals liabilities plus net worth. There were a lot of these *double intendres*.

MONEYCHANGER – But still, in the end, SOMEBODY is going to end up with title to those lands, and I suggest that these somebodies are these same moneyed interests that were so much in evidence at this Fourth World Wilderness Conference.

HUNT – Exactly, and they’re going to be in back of the bank loaning currency and cash flow to the WCB to keep it alive, to give it the *appearance* of profitability. The bank will be running on an accrual basis. On paper it will be recognizing profits received on interests, but the interests will NOT be coming in because these countries cannot pay. So my hypothesis is that the kings, capitalists, and moneychangers of the world will be in the back of this bank in the position of *creditors*.

This plan has been in the works for over 30 years and it explains the current “credit crisis” better than the WSJ ever could.  If you wonder why we are borrowing our way into oblivion, now you know.  The collateral has already been carefully defined and detailed so that it will simply be taken as we continue on the path to debt slavery and a new “feudal” world order.

Many naively think that upon our default, things will be reset and we’ll begin rebuilding.  The truth is that our bankruptcy has been carefully planned so that the next prepared phase will begin.  Nation states will disappear along with any pretense of constitutional rights as citizens become serfs.

Thomas Hedin wrote:

Until the people wake up and realize that the power to create money should only be in the power of the public law and not private practice and created for the public good we will never have any rights in this country, nor ever will. It will be impossible to fund any kind of real change until the people have access to funds that do not have to be borrowed from any group or the group of people who are activily out to destroy this country.

Until the people snap out of their slave mentality and demand debt-free wealth money nothing is ever going to change.

It is absolutely bizarre but what you say is dead on accurate.  This is all being done by choice, not necessity, as we could stop it any time we want by simply taking back the power to create our own money – separate from private banks and the international cartel.

I cannot explain why this simple truth has not taken traction in the minds and hearts of the people.  Jefferson, Jackson, Lincoln and on and on, practically screamed this fundamental truth through their words and actions – but yet their voices are not heard.

I know many Americans just don’t understand who the “House of Rothschild” is or that the Rockefeller family is guilty of countless acts of treason and crimes against humanity.  Their dark deeds have been chronicled through history but there seems to be an aversion, a disconnect, a delusion, that makes it impossible for most to comprehend.

Even if you conclude that the media has brainwashed the mind’s of the people you still have to wonder what happened to their hearts.  Our children and grandchildren are now born with unpayable debt that they will forever work off without any relief – add the national debt and unfunded liabilities and newborn Americans take on over $300,000 debt with their first breath.  We are as heartless as we are ignorant as a society – how did we become so corrupt and uncaring?

Here are a few must see videos from George Hunt that details the plan:

Larry

  • Thu, Apr 15, 2010 - 04:17pm

    #6
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    Re: “Our Land: Collateral for the National Debt”

Carl Veritas wrote:

Banks do not use our credit,  they issue  credit  (loans) using base money from the Federal Reserve  and we pay interest and principal on those loans.

Respectfully, I have to say that like many, you don’t understand the difference between credit and debt.  Prevailing economic theories are designed to be confusing by misapplying terms and making things much more complicated than needed.

Banks DO NOT issue credit, they issue debt by monetizing (private and public) our promise to pay and pledged collateral.  It is the private and public credit that banks use to issue debt.  The U.S. and western nations choose to issue sovereign debt (issue bonds) instead of sovereign credit (issue debt free money).  They could just as easily issue sovereign credit.  Noted economist Henry C K liu does a great job of explaining this:

 “In the language of finance economics, credit and debt are opposites but not identical.  In fact, credit and debt operate in reverse relations.  Credit requires a positive net worth and debt does not.  One can have good credit and no debt.  High debt lowers credit rating.  When one understands credit, one understands the main force behind the modern finance economy, which is driven by credit and stalled by debt.

If fiat money is not sovereign debt, then the entire conceptual structure of finance capitalism is subject to reordering, just as physics was subject to reordering when man’s worldview changed with the realization that the earth is not stationary nor is it the center of the universe.

The need for capital formation to finance socially-useful development will be exposed as a cruel hoax, as sovereign credit can finance all socially-useful development without problem. Private savings are not necessary to finance public socio-economic development, since private savings are not required for the supply of sovereign credit. Thus the relationship between national private savings rate and public finance is at best indirect.

Sovereign credit can finance an economy in which unemployment is unknown, with wages constantly rising to provide consumer buying power to prevent production overcapacity. A vibrant economy is one in which there is persistent labor shortages that push up wages to reduce overcapacity. Private savings are needed only for private investment that has no intrinsic social purpose or value. Savings without full employment are deflationary, as savings reduces current consumption to provide investment to increase future supply, which is not needed in an economy with overcapacity created by lack of demand, which in turn has been created by low wages and unemployment.

Say’s Law of supply creating its own demand is a very special situation that is operative only under full employment with high wages. Say’s Law ignores a critical time lag between supply and demand that can be fatally problematic to the cash-flow needs in a fast-moving modern economy. Savings require interest payments, the compounding of which will regressively make any financial scheme unsustainable. The religions forbid usury for very practical reasons.

The relationship between assets and liabilities is expressed as credit and debt, with the designation determined by the flow of obligation. A flow from asset to liability is known as credit, the reverse is known as debt. A creditor is one who reduces his liability to increase his assets, which include the right of collection on the liabilities of his debtors. Sovereign debt is a pretend game to make private monetary debts denominated in fiat money tradable.”

Larry

  • Thu, Apr 15, 2010 - 08:50pm

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    Re: “Our Land: Collateral for the National Debt”

 

FRACTIONAL RESERVE BANKING                                        

Banks expand the money supply by expanding Bank Credit                

http://www.investorwords.com/402/bank_credit.html

using Base Money   http://en.wikipedia.org/wiki/Monetary_base

obtained from the central bank  trough its Open Market Operations where the FRB buys treasury bonds from banks creating the payment  by crediting the banks account with the district FRB.

 Sovereign credit is fiat money        http://en.wikipedia.org/wiki/Sovereign_credit          whereas                                                                                      

Bonds are Debt      http://en.wikipedia.org/wiki/Debt  &nbsp; and

Treasury bonds are  debt issued by the government           http://en.wikipedia.org/wiki/United_States_public_debt

 

 

 

                                

  • Fri, Apr 16, 2010 - 01:16am

    #8
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    Re: “Our Land: Collateral for the National Debt”

Banks expand the money supply by expanding Bank Credit

This is true but what should be added is that ONLY banks expand the money supply.  Also the money supply contracts when the principle part of the loans are paid back.  Carl, the question is, where does the money come from to pay the interest on those loans when all money in this system is created as an interest bearing loan?

using Base Money  

This ‘rule’ may or may not apply to state chartered banks.  I have been told that it does not apply to state chartered banks in minnesota, though for various reasons state chartered banks in Minnesota hold reserve accounts with the fed.  Obviously this rule does not apply to the Federal Reserve Banks.

obtained from the central bank  trough its Open Market Operations where the FRB buys treasury bonds from banks creating the payment  by crediting the banks account with the district FRB.

Had to call and ask someone, but they said that is basically accurate.

 

Carl can you answer my question?

  • Fri, Apr 16, 2010 - 03:00am

    #9
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    Re: “Our Land: Collateral for the National Debt”

Sounds like Larry has been reading to much of the misinformation advanced by Norman Kurland’s The Just Third Way and not looking for the real facts.

Black’s Law Dictionary Fifth Edition states

“Credit.  The ability of a business or person to borrow money, or obtain goods on time, in consequence of the favorable opinion held by the particular lender as to solvency and reliability”  

“Credit” means the right granted by a creditor to a debtor to defer payment or to incur debt and defer its payment.  

The correlative of a debt.  Having a mutual or reciprocal relation, in such sense that the existence of one necessarily implies the existence of the other.

The banking system does loan credit or debt.  The banking system only loans a promise to pay, which is why the loan goes on the ledgers of the banking system as a liability of the bank.  The banking system relies on the “The correlative of a debt” to prove that you have received something from them.  The existence of your promise to pay the bank back implies that they loaned you something.  

Why else would you sign a promissory not if you had not received something?   

This is what a United States Attorney stated in a foreclosure case.

 I don’t like to say it this way but, it sounds like too many people read too much stuff written by people who are writing what other people have written.  Without out any of them doing any real study or research.   

It is not only your land that is collateral for the national debt, the Congressional record states that Federal Reserve Notes are backed by a mortgage on all the homes and all the property of the people of America.

  • Fri, Apr 16, 2010 - 03:29am

    #10
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    Re: “Our Land: Collateral for the National Debt”

Thomas,

The fact that you actually asked around tells me you are not those          ” I’ve made up my mind so don’t confuse me with facts”.     

Aside from the actual source of our money supply:       FRN’s  from the Bureau Of Engraving & Printing,    Coins from the US Mint and  Bank credit from banks  via fractional reserve banking.

(a)    I  get the money to pay off my  Bank Loan,   and Taxes  from my time and labor spent earning a living,  over many years out. 

My balance sheet shows that I have more debt (loans)   than assets today.    Where would I get the money to pay off my loans?   See (a) above.

 

 

 

 

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