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    James Traficant Speech

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    wideawak3
    1. Congressman James Traficant argued in a 1993 speech that the U.S. government had been dissolved and was operating as a bankrupt entity under emergency powers. 2. He claimed that the Emergency Banking Act of 1933 made the U.S. insolvent and established a new form of government - a democratic socialist/communist order - with the international bankers as receivers through the UN, World Bank and IMF. 3. Traficant stated that Federal Reserve Notes are debt obligations, not actual money, and that the U.S. is bankrupt because it has been paying debts with more debt rather than with gold or silver as money.

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    James Traficant Speech

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    wideawak3
    294 views3 pages
    1. Congressman James Traficant argued in a 1993 speech that the U.S. government had been dissolved and was operating as a bankrupt entity under emergency powers. 2. He claimed that the Emergency Banking Act of 1933 made the U.S. insolvent and established a new form of government - a democratic socialist/communist order - with the international bankers as receivers through the UN, World Bank and IMF. 3. Traficant stated that Federal Reserve Notes are debt obligations, not actual money, and that the U.S. is bankrupt because it has been paying debts with more debt rather than with gold or silver as money.

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    Traficant's congressional address

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    1. Congressman James Traficant argued in a 1993 speech that the U.S. government had been dissolved and was operating as a bankrupt entity under emergency powers. 2. He claimed that the Emergency Banking Act of 1933 made the U.S. insolvent and established a new form of government - a democratic socialist/communist order - with the international bankers as receivers through the UN, World Bank and IMF. 3. Traficant stated that Federal Reserve Notes are debt obligations, not actual money, and that the U.S. is bankrupt because it has been paying debts with more debt rather than with gold or silver as money.

    Copyright:

    © All Rights Reserved
    Download as TXT, PDF, TXT or read online from Scribd
    Download as txt, pdf, or txt
    294 views3 pages

    James Traficant Speech

    Uploaded by

    wideawak3
    1. Congressman James Traficant argued in a 1993 speech that the U.S. government had been dissolved and was operating as a bankrupt entity under emergency powers. 2. He claimed that the Emergency Banking Act of 1933 made the U.S. insolvent and established a new form of government - a democratic socialist/communist order - with the international bankers as receivers through the UN, World Bank and IMF. 3. Traficant stated that Federal Reserve Notes are debt obligations, not actual money, and that the U.S. is bankrupt because it has been paying debts with more debt rather than with gold or silver as money.

    Copyright:

    © All Rights Reserved
    Download as TXT, PDF, TXT or read online from Scribd
    Download as txt, pdf, or txt
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    The 1913 federal Reserve ACT was the first thrust of the sword The March 9 1933 Em

    ergency Banking Act which made the U.S insolvent was the death stroke of the nat
    ion. Not that the nation actually ever belonged to the people That was usurped by
    the traitors Franklin, Jay and Adams with the signing of the Paris Peace Treaty
    of 1783.
    Only one congressman was ever brave enough to take the beating and that congress
    man was James Traficant
    To whit;
    United States Congressional Record, March 17, 1993 Vol. 33, page H-1303
    Speaker-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 m 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). when ever 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 principle.
    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.

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