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Whigro Registered: 05/02/08 Posts: 11,769 Loc: Monaghan, Irelan Last seen: 11 years, 11 months |
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PETITION FOR REDRESS OF GRIEVANCES
RELATING TO THE FEDERAL RESERVE SYSTEM https://givemeliberty. org/FreedomDrive/Redress/Petitio WHEREAS, on November 8th, 2002, every member of United States Congress in the House of Representatives and Senate, the President and other officials, were served with a Petition for Redress of Grievances regarding the Federal Reserve system, and WHEREAS, such Petition for Redress was subsequently ignored, and WHEREAS, The Constitution of the United States of America delegates to Congress alone the power to coin money and regulate the value of foreign exchange (and implicitly the currency in circulation), and WHEREAS, The Constitution does not, by its terms or by necessary and unavoidable implication, authorize Congress to pursue any positive monetary policy or to delegate control over monetary policy to any central bank, such as the United States Federal Reserve System, and WHEREAS, Every American citizen has an unalienable right to freedom from a government that, without the People’s prior and explicit consent, would either pursue a positive program of monetary policy or would turn over control of America’s monetary policy to any un-elected and politically unaccountable body, and WHEREAS, on August 9, 2007, the United States Court of Appeals for the District of Columbia Circuit erred, in relying on two inapposite decisions by the Supreme Court of the United States and holding that the Government does not have to listen or respond to Petitions for Redress of Grievances from the People, and WHEREAS, on February 22, 2008, the Supreme Court of the United States committed treason to the Constitution by refusing to hear the First Amendment case, We The People v. United States (case No. 07- 681), calling for a judicial declaration -- for the first time in history -- of the Rights of the People and the obligations of the Government under the “accountability clause” of the Constitution – that is, the last ten words of the First Amendment. WHEREAS, all men are created equal and are endowed by their "Creator" with certain unalienable rights, and WHEREAS, if the Creator has, in fact, gratuitously provided, equipped and enriched the People with Rights, it follows that those Rights belong to the People and to the Creator, and it follows that any affront to the Constitution (as when government violates an unalienable Right) is an affront to the Creator, and WHEREAS, if our Rights come from the Creator, only the Creator can frustrate, deny or defeat those Rights -- that is, government cannot abridge what God alone has manifest and bestowed upon the People, and WHEREAS, the Constitution of the United States of America is a strongly worded, Divinely inspired, set of principles expressly intended to govern the government, not the People, and WHEREAS, by the terms and provisions of the written Constitution, the People have expressly established their government and empowered it to act in only certain ways, while purposely and patently restricting and prohibiting it in other certain ways, and WHEREAS, the Constitution of the United States of America guarantees to every American citizen and to those lawfully on our soil, the unalienable Rights to Life, Liberty, Property, Privacy and to Due Process of Law as well as other Rights, enumerated or not, and WHEREAS, the Constitution prohibits and restricts the federal Government from infringing upon those Rights, and WHEREAS, each of the Constitution’s prohibitions and restrictions on government’s authority is, in fact, another unalienable Right enjoyed by every American citizen and to those individuals lawfully upon our soil, and WHEREAS, the People of this nation are entitled, by Right, to a Constitutionally valid form of money and system of national monetary policy as well as the protection of their other Constitutionally protected unalienable Rights, Now therefore: WE THE PEOPLE hereby Petition the Executive and Legislative branches of the federal Government, yet again, for Redress of Grievances Relating to the abuses of the Federal Reserve System. WE THE PEOPLE find ourselves, once again, in the position of having to admit that in every stage of our oppression we have Petitioned for Redress in the most humble terms, our repeated Petitions have been answered only by repeated injury, and that a Government that ignores its People is unfit to be the ruler of a free People. WE THE PEOPLE, by and through the unalienable Right guaranteed by First and Ninth Amendments to the Constitution of the United States of America, instruct the President and each member of Congress to honor their oaths of office and their constitutional obligation by responding to this Petition for Redress, providing formal, specific answers to the questions contained herein, no later than (40) forty days reckoning from the date of service of this Petition for Redress. WE THE PEOPLE reaffirm the essential principle underlying our system of governance, as expressed by the Founders, “whenever the ends of government are perverted, and public liberty manifestly endangered, and all other means of redress are ineffectual, the people may, and of right ought to reform the old, or establish a new government, for the doctrine of nonresistance against arbitrary power, and oppression, is absurd, slavish, and destructive of the good and happiness of mankind.” See Declaration of Independence and the New Hampshire Constitution, Article 10. WE THE PEOPLE reaffirm the essential principle underlying our system of governance, as expressed by the Founders, that “If money is wanted by Rulers who have in any manner oppressed the People, they may retain it until their grievances are redressed, and thus peaceably procure relief, without trusting to despised petitions or disturbing the public tranquility” and “how efficacious its [the privilege of giving or withholding our money] intercession for redress of grievances and establishment of rights, and how improvident would be the surrender of so powerful a mediator.” (Journals of the Continental Congress, 1:105-113 and Jefferson’s papers 1:225). WE THE PEOPLE instruct the President and each member of Congress to respond to this Petition by providing formal, specific answers to the following questions: 1. Do you admit that our government, the United States of America, does not own any of the stock in the Federal Reserve Banks? 2. Do you admit that the Federal Reserve System consists of a Board of Governors in Washington D.C. , plus a group of privately held (but privately and publicly administered) Corporations, including 12 main banks and 32 regional branch banks? 3. Do you admit that the President, with the advice and consent of the Senate, appoints all seven members of the Federal Reserve Board? 4. Do you admit that the Federal Reserve’s member banks are controlled by private individuals and corporations, often acting in concert, that receive profits from their ownership and operation of our country’s monetary system? 5. Do you admit that the Federal Reserve Board is a government agency or instrumentality? 6. Do you admit that for the first twenty years, Federal Reserve Notes (FRNs) had to be redeemed in lawful money by Reserve Banks and member banks (12 U.S.C. Section 411); or, failing redemption, the United States could assert a lien on all the Reserve banks’ assets (12 U.S.C. Section 413)? 7. Do you admit that since 1933 FRNs may be redeemed only by other FRNs? 8. Do you admit that our money, the Federal Reserve Notes, with the exception of minor or trivial amounts, are not backed by anything other than the federal government’s power to collect taxes? 9. Do you admit that since 1933 currency issues, including FRNs, have been created and are created with no external limit from nothing but paper and ink? 10. Do you admit that the assets of the Federal Reserve System are not composed of anything other than about $13.24 billion of gold certificates in the Federal Reserve Banks and Special Drawing Rights (SDRs), about $581.24 billion of U.S. securities held outright, about $76 billion in repurchase agreements (“repros”), about $144.8 billion in loans, and about $70. 13 billion of premises and equipment of the Federal Reserve Banks themselves and other assets or, do you believe the Federal Reserve System owns or has claims to assets that the System does not list in its normal public disclosures? 11. Do you admit that the total assets of the Federal Reserve equals about $885. 4 billion? 12. Do you admit that all gold owned by the Federal Reserve System was handed over to the Treasury Department in 1934 and that the Federal Reserve received certificates for the gold and carries these certificates as assets at $42. 22 per ounce ($11 billion total value)? 13. Do you admit that the Federal Reserve System’s 12 main and 32 branch banks obtain Federal Reserve currency notes from the Bureau of Printing and Engraving for approximately two cents per piece of paper, regardless of denomination, and uses them to purchase Treasury debt for which the Treasury is liable for the full face amount of each bill, note or bond, plus interest? 14 Do you admit that, except for discounted bills, by selling a $100 US Treasury Security to the Federal Reserve, the federal government is agreeing to pay the Federal Reserve the full amount of the principal of the Security ($100) plus an interest payment? 15. Do you admit that it is estimated that only $312 billion in Federal Reserve Notes are in circulation in the USA (approximately 40%)? 16. Do you admit that it is estimated that the other $468 billion in Federal Reserve Notes are in circulation overseas (approximately 60%)? 17. Do you admit the national debt, the sum total of all outstanding US Treasury Securities ( not including governmental guarantees and other contingent and conditional obligations), is approximately $9 trillion? 18. Do you admit that the $9 trillion national debt can never be paid-off with the Federal Reserve Notes if there are only $780 billion Federal Reserve Notes in circulation (absent a long-term, extraordinarily oppressive and over-burdensome system of taxation aimed at circulating the currency back into the government’s hands), i.e. , that the supply of "currency" whether in either physical FRNs or accounting/book entries must be increased endlessly (inflation) in order to make the payments of interest and principal on both national and privately held debts that are denominated in FRNs? 19. Do you admit that when a worker "deposits" his paycheck in a bank or writes a check, there is NO exchange of actual FRNs and only an accounting entry takes place and that for every $1 deposited in a member bank, approximately $9 can be lent out through the Fractional Reserve Policy and, in any event, the public is never informed of the inherently unstable nature of the system? 20. Do you admit that whereas Federal Reserve Notes are units of exchange, bank money (credit money) is units of account, and absent laws requiring a higher reserve requirement, banks can expand deposit accounts to 9+ times exchange? 21. Do you admit that when a member bank lends a customer "money" it merely credits the customer’s account with a book entry, never actually depositing Federal Reserve Notes in the customer’s account? 22. Do you admit this is the reason why only $312 billion Federal Reserve Notes in domestic circulation have been pyramided to support a $14 trillion dollar economy? 23. Do you admit that when the Federal Reserve Act was passed (on Christmas Eve) in 1913, Federal Reserve Notes became one of four forms of competing currency (specie, treasury notes or greenbacks, national bank notes and FRNs)? 24. Do you admit that in 1933, Congress passed a law making Federal Reserve Notes "legal tender," thereby transferring the power to coin and issue our nation's money from Congress to the Federal Reserve? 25. Do you admit that in 1933 (revised in 1935), Congress passed a law purportedly transferring the power to regulate interest rates and thereby the relative value of money, from Congress to the Federal Open Market Committee (currently comprised of up to 7 members of the Board of Governors and up to 5 voting representatives of Federal Reserve Banks)? 26. Do you admit that our country now borrows what should be our own money from the Federal Reserve (a "private" corporation that is, in fact, heavily politically influenced by the President through the Secretary of the Treasury), paying interest for the privilege? 27. Do you admit that the Secretary of the Treasury and the Federal Reserve have knowledge of and has acted in close coordination with the Treasury Department’s Exchange Stabilization Fund (ESF) to manipulate and suppress the price of gold in an effort to keep the perceived value of the dollar relatively high? 28. Do you admit that the Secretary of the Treasury and the Federal Reserve have acted in close coordination with the central banks and governments of foreign nations to suppress the price of gold? 29. Do you admit that a portion of the ownership of the Federal Reserve is held by foreign entities and that the current statutes allow for ownership of a controlling interest in its Federal Reserve Bank stock? 30. Do you admit that there is a risk that there could be significant and unavoidable conflicts of interest between the private (and not insignificantly foreign) owners of the Federal Reserve Banks and the American people that are forced by law to use its FRNs? 31. Do you admit that the Treasury Department’s ESF has directly engaged and/or colluded with foreign governments and/or central banks to intervene in the world’s financial markets in order to manipulate market outcomes? 32. Do you admit similar manipulation regarding gold and equity markets? 33. Do you admit that the Treasury Department’s ESF, under U.S. law, is held accountable only to the President and its books and records are open for public examination only through a limited degree and untimely disclosures? 34. Do you admit that the whole of the Federal Reserve System has never been independently audited? 35. Do you admit that there is a currently pending House Resolution calling for a complete audit of the Federal Reserve by the General Accounting Office? 36. Do you admit the Federal Reserve Board is resisting a complete audit of the books and operations regarding foreign exchange trading, government securities trading, and transactions with or for the account of foreign central banks and monetary authorities? 37. Do you admit the Federal Reserve interferes with the free market’s effect on the value of Federal Reserve Notes by trying to regulate the value of all Federal Reserve Notes? 38. Do you admit that the Federal Reserve determines the amount of money in circulation and the price of credit (including mortgage and car loan rates)? 39. Do you admit the Federal Reserve, at its sole discretion, decides what the rate of interest will be that the federal government will pay to the Federal Reserve? 40. Do you admit that the Federal Reserve Board consults closely with the Secretary of the Treasury before every important monetary policy move and that Ben Bernanke consults with the Secretary of the Treasury before each Federal Open Market Committee meeting? 41. Do you admit that under Article 1 Sections 1 and 8 of the federal Constitution, only Congress, which comprises only the Senate and the House of Representatives, has the power to coin money (silver and gold coin) and regulate the value thereof? 42. Do you admit that no provision of the Constitution gives Congress the authority to transfer any powers granted under the Constitution to a private corporation? 43. Do you admit that the Federal Reserve Board is repugnant to the Constitution? 44. Do you admit that the Federal Reserve Banks are repugnant to the Constitution? 45. Do you admit the Constitution specifically states that the enumeration of certain rights shall not be construed to deny or disparage others retained by the People, and that the powers not delegated to the United States by the Constitution, nor prohibited by it to the States, are reserved to the States respectively, or to the People (ninth and tenth amendments)? 46. Do you admit the United States of America is not just one more undifferentiated trading outpost in some great global economy? 47. Do you admit the United States of America belongs to We The People? 48. Do you admit the medium of exchange, that is, the money we use in our country, is an instrumental element of national sovereignty and is supposed to be under our control? 49. Do you admit that if our government needed to spend more money than it is taking in, the Treasury does not have to use the Federal Reserve System – the government could print the additional money, put it into circulation and withdraw it as necessary -- i.e. , that we do not have to borrow our own money from any central bank? 50. Do you admit the Federal Reserve System has never been declared constitutional by the Supreme Court? 51. Do you admit there has never been a Supreme Court case regarding the constitutionality of the Federal Reserve System? 52. Do you admit that all elected officials are required to take an oath of office to support the Constitution? 53. Do you admit that to the extent that Congress enacts or facilitates avoidance of clear and explicit language of the Constitution that Congress is undermining the Constitution? 54. Do you admit certain elected and appointed officials, including the President, elected members of the Congress, and appointed members of the Board of Governors of the Federal Reserve System are guilty of aiding and abetting the undermining of clear and explicit language of my Constitution? 55. Do you admit this fits the common definition of tyranny? 56. Admit or deny that the Founders, in the 1774 Journals of the Continental Congress, expressly articulated the following: “If money is wanted by Rulers who have in any manner oppressed the People, they may retain it until their grievances are redressed, and thus peaceably procure relief, without trusting to despised petitions or disturbing the public tranquility. ” 1774, Journals of the Continental Congress,1:105-113 [emphasis added] 57. Admit or deny that one of the most precious Rights the People enjoy is a government strictly limited by written Laws and that where Law is found to be wanting, no man can be Free. Respectfully submitted this ______ day of ___________________ , 200__ by: First Name Last Name City State https://givemeliberty. org/FreedomDrive/Redress/Petitio Fill out, print, mail. Courtesy of my friends, the rnem. -------------------- you just need money to get laid - starfire_xes
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Prince of Bugs ![]() Registered: 10/08/02 Posts: 44,175 Last seen: 3 months, 29 days |
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I'd rather not. The Federal Reserve does much more good than harm in the form of stabilizing the economy (inflation rates, etc.)
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Whigro Registered: 05/02/08 Posts: 11,769 Loc: Monaghan, Irelan Last seen: 11 years, 11 months |
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This is how the U.S. Treasury would handle an economic collapse. It's called the 6900 series of protocols.
It would start with declaring a "force majeure", which would immediately be interpreted by the marketplaces as a de facto repudiation of debt. Then the SEC and the various regulatory exchanges would anticipate the market's decline, hour by hour -- when Japan's markets opened the next day, what would happen when the European markets, and all the inter-linkages of the global markets. On the second day, US Special Forces would be dropped in by parachute in the cities where the twelve Federal Reserve district banks are located. The origin of these protocols comes from the Department of Defense. This is contingency planning for a variety of post-collapse scenarios. Those scenarios would include, obviously, military collapse, WW III, and its aftermath. What we're talking about now is aftermath -- how the aftermath would be handled. One does not necessarily know how the events would transpire that would cause the collapse, whether it's military collapse or economic collapse. In WW III, it would become obvious -- when the mushroom cloud started to appear over cities. Economic collapse scenarios were always premised on the basis of a US declaration of "force majeure" on debt service. It's a very extensive scenario. The scenarios are all together, i.e. military, economic, political and social complete destabilization leading to collapse. Then they break down individual scenarios. In the economic collapse scenario, the starting point would be the US Treasury declaring a force majeure on debt service, which is de facto repudiation, and that's how it would be interpreted by the world's capital marketplaces. Then the scenario goes on from there. The US Treasury would obviously declare a "force majeure" sometime after the European markets had settled down. In other words, they had gone out on the day, which means 11:38 a.m. EDT, our time. They'd wait until the European markets closed, and the US markets had been open for a couple of hours. That's when they'd determine how to begin the process of unwinding or controlling the collapse to the best extent possible, mainly because they know that the greatest hedge pressure would be people seeking to use other markets to hedge their long exposure in the US and that the US would be the biggest seller in all the rest of the world's markets. Therefore you would want to declare the force majeure when the rest of the world's markets closed. The declaration of "force majeure" would be precipitated by the declaration that the US is no longer able to service its debt. That's pretty simple. Who makes that decision? The President does not make that decision, the Secretary of the Treasury does. He has that authority. You might ask, "wouldn't he have his arm twisted not to do that?" The answer is that if there isn't any money left to service the debt, it doesn't make any difference what the current regime might want to do -The day of reckoning is now coming. - What has happened in the interim, from 2001 to present, is dynamic, global economic deterioration. The economic deterioration visited upon the US by Bushonomics is not a localized event. It is, in fact, global and has been a long time in the making. We have a planet now that is sinking into a sea of red ink. The United States is consuming 80% of the planet's savings rate to finance it's debt. The central banks of Germany, Japan and Saudi Arabia are no longer the powerhouses they used to be. Their reserves have now been substantially depleted. They can, therefore, no longer hide the fact that they own a certain number, likely in the trillions of dollars, of U.S. Treasury debt that isn't being serviced, because they can't hide it through bookkeeping tricks anymore because their reserves are so depleted. Therefore somebody has covertly been putting demands on the Bush/Cheney regime for payment. Why do you think 2900 metric tons of gold is depleted from U.S. inventory since March of 2001? Why do you think that $2 billion in currency seized from Iraq last May is now unaccounted for? Someone is putting demands on the Bush/Cheney regime. Someone is saying to the Bushonian Cabal that you've got to start servicing this debt because we, foreign central banks, are in nations - European and Asian - whose reserves are now nearly exhausted. Who could be putting that kind of pressure on them? It has to be coming from whoever is organizing this thing at the very top, which I would tend to think has got to be most likely a cabal of people that would involve the Rothchild's bitches, Henry Kissinger, James Baker, George Schultz, possibly William Simon. It would be somebody at the very top that is familiar with how to do this. It would have to be someone familiar with finances. So would this be one faction of a cabal blackmailing or forcing another faction? The German, Japanese and Saudi central banks are saying to the Bushonian cabal, "You've got to start servicing this debt because we don't have the reserves to cover you anymore. We can no longer make it appear that the debt is being serviced because our own reserves are so substantively depleted. Therefore you must begin to cover this debt imediatly or. If you don't, then, at some point, we will have to publicly admit in order to save our own necks that we were the end buyers of a lot of stealth debt, a lot of debt that your Treasury issued illegally and has never serviced. " That would then expose the whole cabal. The Kissinger-Baker faction are at the top of how this was done on the economic side of the equation. They were not the original insiders so much, but the managers of the conspiracy from the US Treasury, to wit, the US Treasury and Federal Reserve role-play the part. Take CFR member Henry Kissinger. It may not have occurred to anyone why in the last 8 years Henry Kissinger has been back in Washington more than he has in the last 30 years. And why are all these quiet meetings in Washington with alleged senior Bush/Cheney regime officials? It's because Kissinger is Rothchild's "point man". He's the one that is telling them the disposition of other foreign central banks. Kissinger would probably also be involved in transfer or hypothecation of any assets from the cabal. In other words, they're being stolen from the American people by the Bush/Cheney regime and the Bushonian Cabal, and they are being used to hypothecate, transfer, service, or otherwise carry this debt held by certain foreign central banks. The planed process of unraveling had begun years ago because of ever-spiraling Bushonian budget deficits. The Bush/Cheney regime, even in it's overt policies (now they're overt political, economic, social and military policies) is generating $600-billion plus deficit per year, which is consuming 80% of the planet's net savings rate. It doesn't have the slack. In other words, it can't refinance stealth debt by issuing more stealth debt anymore. Nor can they bleed money out of the system like they could in the 1980s by hiding it when the overt policies of the Bush/Cheney regime are already producing a budget deficit of 6% of Gross Domestic Product. There is no other mechanism that they could use anymore to hide expansion of debt that could be used to service said stealth debt, and they are running out of assets that they can steal from the American people. The people's well has run dry. So the proverbial day of reckoning is coming. VERY VERY SOON! The Bush/Cheney regime(and I give them credit for this) are telling the American people what's coming, knowing the American people are too stupid to understand. They are telling the American people about the re-institution of the Gold Confiscation Act and the sudden scrapping of the Treasury's emergency post-collapse gold note scheme to maintain domestic liquidity. The US Comptroller General and chief of the GAO has said back in the first term of Bush "Should the Bush/Cheney regime be re-ensconced into power and, hence, the scourge of Bushonomics persist, that the United States could no longer service its debt beyond 2009. " They're not hiding it from anybody anymore. They are telling you what's happening. Just watch the news and read a little. It's right in front of your faces. Now, what does that mean? The key is in what The US Comptroller General is saying when he says "the debt can no longer be serviced." People have noticed what Walker said because he's out in the news more often than he used to be. It's unusual for the Comptroller General of the United States, which is a rather arcane position, to be out in the news so much It simply means that when he says the US will no longer be able to sustain Bushonian budget deficits, he means that by 2009, the US will be consuming 100% of the planet's savings rate to finance Bushonian budget deficits. Therefore, if the planet can no longer generate any more liquidity to lend to the US, one of three things have to happen: A) There has to be a sudden and dramatic reduction in federal spending. There are only two places that can come from. There would have to be an immediate $100-billion cut in defense spending, which would end any hopes the Republicans had of getting into office for years to come because it would destroy any confidence the flag waving sheeple had in them. Or you would have to scrap the multi-trillion-dollar Bushonian tax cuts for the Republican rich, something that's equally unpalatable The other option, B), is a dramatic increase in the rate of federal income taxation from the current nominal rate of 28% to 65%, which is what the Treasury Department estimated would be required post-2009 to provide the US Treasury with sufficient revenues to continue to service debt. The third option, C), becomes the declaration of a "force majeure" on credit service of the US debt by the US Treasury, which is tantamount and would be accurately construed as de facto debt repudiation by the United States of America. When that day comes and the US Treasury declares a "force majeure" on debt, it wouldn't be broadcast on mainstream media. There's no sense because the American people won't even understand what it means. But the announcement would actually be put on the Federal Reserve wire system, which would, of course, immediately be picked up by all media outlets anyway The US Treasury would declare a "force majeure" on debt after the Asian and European markets closed, probably at 12:30 p.m. EDT. The reason why that hour was always selected is because Asian and European markets close. It's also the lunch hour for the markets. It's when you're going to have the fewest people on the floor of the exchanges. That would be the ideal time to make such an announcement A few seconds after that announcement was made, all US markets, both equities debt and commodities i.e., stock, bonds, commodities, that have trading collars or permissible daily limits would all be limit-offered with pools. Limit-offered means that there are more sellers at the limit i.e., limit down, than there are buyers. So-called "pools" would immediately begin to form, probably thousands of contracts every few minutes. "Limit-offered with pools" this is trader language. Pools to sell 2,000 lots, 3,000 lots. That means, the number of sellers over and above the available buyers at the limit-offered price. That would begin to build. By 1:00, the news would begin to sink in because it would take awhile before panic selling would arise from the public. Remember, this news is being released at lunch hour. A lot of the American people initially would not even understand the temerity of the news. You would see professional selling first, and as that professional selling intensified over the afternoon, the SEC, the CFTC, NASDAQ, and various market regulatory authorities would begin to institute certain emergency market protocols. This would be the installation of the so-called "declaration of fast market conditions", for instance, the declaration of 'no more stop orders", the declaration of "fill at any price", etc. in a desperate bid to maintain liquidity. That first day, the Dow Jones Industrial Average and related indices on a percentage basis would lose about 25% of their value by the close of business that day. The real impact would come overnight when the American people found out what this was all about and when it was explained to them. At 7:30 a.m. EDT, the Tokyo markets would open, and no price would be affixed for probably three or four hours into the session due to the avalanche of selling. Once prices were established, the government of Japan would close all of it's financial markets. Europe would not even open. All European governments would close all capital exchanges the next day. The US would, in order to accommodate global electronic trading, attempt to open the market on the second day, which they would do, regardless of price, just to maintain some liquidity. At the end of Day Two, the Dow Jones and related indices, would have lost two thirds of their value, and prices would be set accordingly. On Day Three, the New York Stock Exchange, the SEC and other related agencies would recommend to the US Treasury and the Federal Reserve that all markets be closed. That would be on the morning of Day Three. 11:00 a.m., the Federal Reserve would then order ALL domestic banks closed. All of the twelve Federal Reserve district banks would (30 minutes later) have special forces parachuted in and around them to secure whatever gold bullion reserves they had left. Day Three, 9:00 p.m., the President would declare a state of martial law. All financial transactions would come to an end. The Treasury would act to formally de-monetize the US dollar and publicly declare it worthless (some of us knew tha already!). This would be totally unprecedented. In the past, collapses have been temporary and have been brought back up. But what we're talking about now is the end of the US as we know it and the beginning of "End Game". These protocols that I'm referring to aren't even secret. They are publicly available through the Freedom of Information Act.(The U.S. Treasury 6900 Series Collapse Protocol, 6903, 6904 there'll be A, B, and so on which is keyed in to the Department of Defense to be incorporated within the Department of Defense's own World War III scenario and various types of military/ political/ social instability/ war/ pestilence, chaos, etc. scenarios) These are Treasury protocols that were instituted mostly in the late 1970s when the Treasury and Federal Reserve began to feel that it was important to have an emergency-collapse protocol in place. What precipitated the timing of this was the inflationary spiral of the late 1970s. The US Treasury and the Federal Reserve were both concerned that this inflationary spiral, which was occurring not only domestically but globally, might lead to a global, uncontrollable hyper-inflation that the Federal Reserve or major central banks could not stop by traditional means, i.e. , by raising interest rates and contracting money supply. There was also the recognition, of course, that global central reserve bank bullion inventories had been so depleted over the previous 30 years that any re-institution of a species currency, even on a temporary basis, and even within a regional or individual nation-state basis, was no longer possible This is an analogy. In a military scenario, it's like the President of the United States pushing the final red button. The Treasury Secretary of the US has a similar mechanism. It's called the Yellow Button, the commit button. The Secretary of Defense has the same system. This is what happens. Computer program starts to institute these protocols. Imagine the complexity of trying the manage all this. I myself, think it's going to happen all simultaneously. There are hundreds of different agencies involved, both domestically and internationally. In order to maintain liquidity for as long as possible, it has to be extremely well-coordinated. All federal agencies had individual collapse protocols that ultimately got coordinated through the Department of Defense and FEMA. Obviously, the Department of Defense would be the ultimate coordinator because it would need to have special forces available, on a stand-by basis, ready, that could quickly parachute into areas all over the country, into the cities particularly, to secure federal properties and assets. And that's literally how it would begin. By the end of the third day, it would be all over, effectively, all banks in the world will be shut down, all paper currencies will become valueless. There would be no continuing transactions of commodities. Troops will secure distribution points where there is food and fuel stocks, warehouses, arms, etc. All providers of fuels and foods would be shut down automatically and the government would TAKE control. A state of martial law, Federal troops would be used in order to have the specific authority simply to shoot anyone. wide spread civil war would erupt all over the US then other effected Nations. -------------------- you just need money to get laid - starfire_xes
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horrid asshole Registered: 02/11/04 Posts: 81,741 Loc: Fractallife's gy Last seen: 7 years, 8 months |
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Fix your link. I want to see who these modern don Quixotes are.
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Error: divide byzero Registered: 04/27/01 Posts: 23,480 Loc: Caribbean Last seen: 9 days, 5 hours |
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> Computer program starts to institute these protocols.
Having worked on DoD computer systems, I think you are over-rating their abilities. I was amazed the first time I saw the computers that run sac... we are talking one step up from vacuum tubes, and this wasn't too long ago (less than two decades). -------------------- Just another spore in the wind.
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Banking institutions ( |
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