Will You Survive The Coming Financial Crash? (Redux)

As of today, the NATIONAL DEBT of the USA is $8.4 TRILLION DOLLARS, a sum that has now begun to exponentiate itself!


U.S. DEBT NOW HOPELESSLY OUT OF CONTROL!
by Kentroversy

NOTE: To download the PDF of my 35 page white paper entitled 'Will You Survive The Coming Financial Crash?' please click on the link immediately below:

Will You Survive The Coming Financial Crash? PDF Download (June 6, 2005)


Most people that I talk to these days, have no frame of reference for their own understanding of the severity and extent of the U.S. national debt, which has begun to exponentiate itself. The definition of the word exponentiation is said to be, just so we both understand each other, "the operation of raising one quantity to the power of another." This describes the ever-quickening accrual of accelerated debt, of which I will provide examples below. Hell, most people barely understand what a TRILLION DOLLARS is, let alone seven, eight or nine TRILLION.

Our country is so far screwed financially, that the ONLY WAY to stave off the impending collapse is to wage massive war against more than one enemy, but all this can do is push off the moment of reckoning TEMPORARILY. With the United States now adding to the national debt in the amount of $2.46 BILLION PER DAY, the problem will have to be dealt with, and I am more than certain that Bush Jr. thinks that he will be vacated from the Oval Office when that time comes. I bet Alan Greenspan is sure happy to be retired right about now!

Granted, no one wants to be involved in what's coming, but, they did it to themselves. The real problems are going to be what happens after the collapse, as a direct consequence of the event. And this is what we have to be careful to avoid, the quick bottoming out of the economy, with the value of your home mortgage in far excess of its’ actual appraised valuation. To provide an example, it would be where you were expected to pay back a $200,000 outstanding balance on a home that is suddenly worth $50,000 just because of an unsustainable economy.

The banks could quite conceivably use a scenario like this to call in millions of home mortgages within sixty to ninety days, or you risk losing your house through some sort of DEFAULT that had been written into the mortgage contract. Most people do not read these types of things, anyway. Therefore, what could happen is the mass sweep-up of properties for pennies on the dollar, which could in combination with a false-flag terror event, effectively END private land and property ownership in this country. Throw a MARTIAL LAW in there for good measure, and suddenly, its’ like “What you gonna do about it, huh, punk ass?!” This is where eminent domain could come back to haunt many hard-working folks, who could lose EVERYTHING in one fell swoop, just like in New Orleans last year.

As a former licensed Investment Banker, I am fairly certain that this will actually end up being the case. All indications are that this problem is going to come home to roost much earlier than years from now. In fact, it may only be mere MONTHS before this whole house of cards FINALLY collapses in on itself!!


HOW DID WE GET INTO THIS MESS IN THE FIRST PLACE?

On December 23, 1913, President Woodrow Wilson sold the American people of his generation and all future generations, to the globalist bankers, who to this very day, continue to prey upon the vast majority of the populous with their slavery called USURY, and if we ever intend on taking back our country from these scum, we have got to eliminate or outlaw the Federal Reserve system, and the way to do it is to prosecute them through this nation's racketeering laws, and through this nation's monopoly antitrust laws, and then to disband, dismantle, and return all assets to their rightful owners, the American people.

Some people believe that with the name FEDERAL RESERVE, that this privately-owned central bank is somehow a part of the federal governmental structure. This is erroneous thinking, however. For example, the Rockefeller family is supposedly behind Chase-Manhattan Bank. The Rockefeller family acts as a proxy for their European relatives, the Rothschild family. They are ultimately, the same family, with many similarities between the names. Recently, I had someone come to me to say that there was no freakin’ way that the Rockies and the Rothies were the same family, because one family was Christian, and the other was Jewish. This line of thought made no sense to me, especially because ultimately, as I told the individual to whom I was speaking, that they were at the bottom of it all, Luciferian. For it is well-known that Illuminist and Luciferian doctrines are cut from the same cloth, so to speak.

This was WHY I paid cash for my home, as I was NOT going to surrender my own expendable cash and hard-earned assets to scum that have no better way than to conduct themselves than to leech off of others. By doing this, I saved myself and my family more than $250,000 to $300,000 over the next twenty-two years (we have owned the place for eight years as of next week).

The FEDERAL RESERVE ACT was brought to the Congress on the last night before Christmas recess, where it was adopted by a vote of 282-60 in the House, and 43-23 in the Senate. It was House Joint Resolution (HJR) 7837, and became Public Law # 62-43. Out of the 535 members of Congress, a total of 127 abstained from voting on this crucial issue. There were enough abstentions that this could have been defeated, had they voted in actual representation of the American people. But, even at this early date of the twentieth century, our representatives were NOT working toward anything but their own conflicted and self-serving private interests.

You see, one of the DIRTY LITTLE SECRETS of politics is that the BIG MONEY comes ONLY when the candidate serves the correct people, and gives them EVERYTHING they ask for.

It took less then TWENTY YEARS for the United States to become bankrupted by the FEDERAL RESERVE. On March 9, 1933, in the midst of the great depression of 1929-1934, President Roosevelt issued a series of executive orders that declared a "national banking emergency" and the United States was declared bankrupt, and this country was said to be in a STATE OF NATIONAL EMERGENCY.

This had ramifications that are still being used today to usurp the sovereignty of our citizens, and THIS is the tool that has been used to transfer large portions of this country to the management and ownership of outside forces. For example, during the 1990's, the majority of our National Parks system has been transferred into the hands of the United Nations. Look it up for yourself, as it is relatively easy to confirm this as absolutely true.


HOW CAN THEY GET AWAY WITH THIS?

How they can get away with this, is by YOUR continued ignorance and belief that "this is just the way things are done." This is the very same way in which the 100% VOLUNTARY IRS SYSTEM WORKS, because "this is just the way things are done." For example, when we were buying our house, my wife actually said to me that we needed a mortgage, because everyone we know, family and friends, had (and STILL have) mortgages. I thought it was a ridiculous idea, and I told her that I would show her, prove to her, that these mortgages were a complete screw job, and I was going to take her to a meeting where it was going to be someone else who would prove to her that the mortgage was a royal screw job.

She said to me "This I have got to see."

The full report of that meeting can be found here on THE KENTROVERSY PAPERS:

My Meeting With A Mortgage Broker (July 27, 2005)


What follows are some important references to the bankruptcy of the USA, which I have compiled exclusively for this essay:


Bankruptcy:

The United States went ‘bankrupt’ in 1933.
--- President Roosevelt Executive Order 6073, 6102, 6111, 6260; Senate Report 93-549, pgs. 187 & 594, 1973

In 1950, declared ‘bankruptcy and reorganization.’
Secretary of Treasury appointed receiver in the bankruptcy
--- Reorganization Plan, No. 26, 5 U.S.C.A. 903; Public Law 94-564; Legislative History, pg. 5967

The Secretary of the Treasury is the ‘Governor’ of the International Monetary Fund, Inc. of the U.N.
--- Public Law 94-564, supra, pg. 5942; U.S. Government Manual 1990/91, pgs. 480-81; 26 U.S.C.A. 7701(a)(11); Treasury Delegation Order No 150-10

On October 28, 1977, the United States as a ‘Corporator’ and ‘State,’ declared insolvency. State banks and most other banks were put under control of the ‘Governor’ of the ‘Fund.’
--- International Monetary Fund; 26 IRC 165 (g)(1); U.C.C. 1-201(23), C.R.S. 39-22-103.5, Westfall vs. Braley, 10 Ohio 188, 75 Am. Dec. 509, Adams vs. Richardson, 337 S.W. 2d. 911 Ward vs. Smith, 7 Wall 447

“Mr. Speaker, we are now in Chapter 11. Members of Congress are official Trustees presiding over the greatest reorganization of any bankrupt entity in world history, the United States government...”
--- Mr. James Trafficant from Ohio, Congressional Record, pg. H1303, March 17th, 1993

“...the United States obligations in the International Monetary Fund...”
--- Public Law 94-564, 94th Congress, Sec. 10(a)


State of National Emergency:

“Since March 9th, 1933, the United States has been in a state of declared national emergency...”
--- Senate Resolution 9, 93d. Congress, 1st. Session, Foreword, 1973

“When Congress declares an emergency, there is no Constitution...”
--- Congressman Beck, Congressional Record, Farm Bill, 1933

“A majority of people of the United States have lived all of their lives under emergency rule. For 40 years, freedoms and governmental procedures guaranteed by the Constitution have in varying degrees been abridged by laws brought into force by states of national emergency...”
--- Senate Report 93-549; Introduction, 1973

“The President may: Seize property, organize commodities, assign military forces abroad, institute Martial Law, seize and control and transportation and communication, regulate operation of private enterprise, restrict travel, and in a plethora of particular ways, control the lives of all American citizens.”
--- Senate Report 93-549; Senate Resolution 9, 93d Congress, 1st. Session (III), 1973

See: Chapter 1, Title 1, Section 48, Statute 1, March 9, 1933; Proclamation 2038; Title 12 U.S.C 95(b)

“Currently, permanent state of national emergency.”
--- 22 U.S.C.A. 286d. 1977

See: Executive Order 12919, signed by President Clinton; June 6, 1994


Trading with the Enemy Act of 1917 & 1933 (citizens declared the enemy):

October 6, 1917 - The Trading with the Enemy Act, Section 2, subdivision (c), Chapter 106:
--- Enemy defined as: "other than citizens of the United States...”

March 9, 1933 - The Trading with the Enemy Act of October 6, 1917; Chapter 106, Section 5, subdivision (b) of the (40 Stat. L. 411) amended as follows:
--- Enemy defined as: “...any person within the United States.."

See: HR 1491, Public Law No.1


This is likely to be alarming to those readers who have not heard of this before, and I can assure you that I was pretty pissed-off when I discovered this for myself. However, as they say, KNOWLEDGE IS POWER, and the role I play in this lifetime is as a kind of a 21st century cyber Paul Revere, who rides my PALE HORSE endlessly, shining my light upon the darkness, as you see in the image at the top of the very page you are now reading. Take notice that the lighthouse's lamp is very close to the word TRUTH, and it was a fitting visual metaphor for me to speak to your subconscious.

Time is RUNNING OUT, my friends.

This is why it is urgent that you tell everyone you know about this site. I am known and have built my life's reputation on my fanatical commitment to the TRUTH at whatever the cost, and those close to me in my personal life refer to me as a BLOWTORCH OF TRUTH.

I take that to be a high-complement, especially considering that my astrological sign is a FIRE SIGN.


CONGRESSMAN JAMES TRAFICANT BECOMES A POLITICAL PRISONER FOR TELLING THE TRUTH IN FRONT OF CONGRESS

Those global elite bottom-feeding scum are so afraid of the TRUTH that anyone who dares to get too close to the REAL TRUTH is immediately set up, arrested, and framed for some bullshit charge, and with a corrupt judge, there is simply no justice in this country. While THEY are above and beyond all laws, they think nothing of using those same laws to CRUSH their opposition, or anyone who becomes or is perceived to be a threat.

James A. Traficant Jr. made two mistakes. First, he became an advocate for a black man by the name of Boyd Ed Graves, a Juris Doctor who had sued the government over the AIDS AS POPULATION CONTROL issue. Second, Congressman Traficant had given the following speech in open Congress, which I have the transcript below, from the Congressional Record. Since this speech was given, this is no longer extant in the online archives of the Congressional Record. Numerous searches to locate a presently extant copy were fruitless.

The banking scum do not like it when the full truth is brought out into the light of day, because it exposes what they do as MAJOR CRIMES AGAINST THE MAJORITY OF SOCIETY. This is the TRUE ORGANIZED CRIME, the Illuminati theft of TRILLIONS, instead of the LA COSA NOSTRA and their street-level crime. I hope that you have noticed that there are constant mafia films, so many that it is a major Hollywood genre. A lot of those films are excellent, but for our purposes here, the film that shows the closest to the REAL TRUTH is The Godfather III. In that film, it showed major corruption through the Catholic Church and the Vatican and the Vatican Bank.

However, its' once again a great thing that I grabbed a copy of Traficant’s speech before it fell through the memory hole. Besides, I do not require the imprimatur of the government to grant me permission to talk, and this is the exact thing that makes me and people like me a REAL PROBLEM for their COMMAND AND CONTROL modus operandi --- I do not permit others to think for me or influence my thinking without my permission.

FREEDOM OF SPEECH is a GOD-GIVEN INALIENABLE RIGHT and I will speak my mind, just like I always have. I do not need a piece of paper telling me I have the freedom to speak. I say whatever I damn well please, whenever it pleases me to do so.

My words give me POWER . . .


Congressional Record - House
Vol. 33, pgs. H-1302 and H-1303
March 17, 1993

Resolution of the Budget:

Speaker: Representative James A. 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 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. HJR 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 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 the Emergency War Powers.

With the Constitutional Republican form of Government now dissolved, the receivers of the Bankruptcy hav 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). 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 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 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 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' in 1873. The Federal Reserve Act was legislated post facto (to 1870), although post-facto laws are strictly forbidden by the Constitution (Article I, Section 9, Paragraph 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 principal.

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 unpayable federal debt. They also pledged the unincorporated federal territories, national park forests, birth certificates, and non-profit 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 is 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 results 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 unpayable 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."


THE PROBLEM: BY THE NUMBERS

This part made me truly sick to my stomach. Think about how much YOUR life would change if you had a couple or three hundred thousand dollars, and get ANGRY when I tell you this is the amount that you piss down the drain through that home mortgage you pay on every month. Multiply your own debt by a HUNDRED MILLION PEOPLE and you get the idea of the type of USURY that I am talking about here.

That is just ONE of many scams the banks play on their customers.

Another scam they play involves the NATIONAL DEBT. To whom do you think they owe all that money? The banking scum, that's who.

Check this out . . .


U.S. PUBLIC DEBT HISTORY

This following list of data is going to show you just how screwed this country is. If you have children, be very concerned for their future . . .


1789 to 1981: 192 YEARS TO FIRST TRILLION

• December 31, 1981 = $1.03 TRILLION (192 yrs.)


• September 30, 1986 = $2.13 TRILLION (4 yrs. 9 mo.)


• September 28, 1990 = $3.23 TRILLION (4 yrs.)


• September 30, 1992 = $4.06 TRILLION (2 yrs. 2 days)


• September 30, 1996 = $5.22 TRILLION (3 yrs. 4 mos. 24 days)


• September 30, 2002 = $6.23 TRILLION (6 yrs. 19 days)


• February 18, 2004 = $7 TRILLION (1 yr. 11 mo. 4 days)


• October 18, 2005 = $8 TRILLION (1 yr. 8 mo.)


• December 8, 2006 (estimate) = $9 TRILLION (1 yr. 1 mo. 20 days)

In the above mini-chart, the reader should notice that the time between each trillion dollars is shortening in a rather rapid manner. For instance, by the end of Bush Jr.'s term, this debt will have reached $10 TRILLION!

But, the alarming thing is that a full 62.5% of this debt has been accrued since 1990! In those sixteen years, we started out with a $3 TRILLION DEBT and today we have a $8.4 TRILLION debt.

Equally alarming is that since he began squatting in the Oval Office in January 2001, Bush Jr had come into this office with this debt at $5.7 TRILLION. Since then, he has had to have the debt ceiling raised FOUR TIMES, with the most recent raised to $9 TRILLION on Friday, March 17, 2006.

Now here is the part where you get PISSED OFF . . .

This $8.4 TRILLION represents jobs that have left this country permanently. It also represents worsening conditions in the classrooms of the government brainwashing academies, that which you refer to as PUBLIC SCHOOL. This money also represents the failing infrastructure, such as bridges, roads, and public spaces. This money represents the increased police-state policies and what can only be called the prison-surveillance economy. This money represents all the great things our society could do to advance the lives of EVERYONE, by offering FREE ENERGY, NO TAXES, and FREE PUBLIC SERVICES, such as free health care, free post high school education, and technology beyond belief.

This money allows them to jam things down your throat that are BAD FOR YOU, such as alcohol and aspartame, while things that are good for your mind and spirit, such as nature's own hallucinogenics and a natural herb that some call a weed, carry some of the stiffest prison sentences. This harms and retards our spirituality, and THAT is what they are ultimately after. They want to KILL any chance you and I might have for development in this area. This also allows THEM to keep all of this from within our grasp, and it is morally and ethically wrong.

But, because they have brainwashed so much of society, ideas such as these are prevented from reaching a wide mass audience. After all, you might miss some of the massive wall-to-wall news coverage of that Presidential blow-job, and we wouldn't want THAT to happen, now, would we?

© 2006 Kentroversy Papers
All rights reserved. Used with permission.


Sources:

The following sources were used in the creation of this Kentroversy Paper . . .

Bankruptcy of U.S in 1933 & State of Emergency, War Powers & Trading with the Enemy Act of 1917

In The Money: Congressman James Traficant And His Campaign Contributors (February 2001)

The Trials of Traficant (Part One) (February 2002)

The Trials of Traficant (Part Two) (February 2002)

The Trials of Traficant (Part Three) (February 2002)

The Trials of Traficant (Part Four) (February 2002)

The Trials of Traficant (Part Five) (July 2002)

The Trials of Traficant (Part Six) (July 2002)

The Trials of Traficant (Part Seven) (August 2002)

The Congressman, The Senator, and the Mafia (December 2002)

In The Money: Congressman James Traficant And His Campaign Contributors (February 2001)

Federal Reserve Act of 1913

Historical Debt Outstanding - Annual 1791-1849

Historical Debt Outstanding - Annual 1850-1899

Historical Debt Outstanding - Annual 1900-1949

Historical Debt Outstanding - Annual 1950-2005

Government Debt Has No Upside (January 16, 2006)

National Debt Clock

Nine Trillion Debt Limit Increase (March 17, 2006)

Public Debt Online - Bureau of the Public Debt

Was Traficant Railroaded? (July 19, 2002)

James A. Traficant Jr. - The U.S. Is Bankrupt; Congressional Record, March 17, 1993 pgs. H-1302 - H-1303

bankruptcy

blowtorch of truth

central bank

coming financial crash

debt

eminent domain

exponentiate

Federal Reserve

Federal Reserve Act

The Godfather III

Investment Banker

knowledge is power

martial law

mortgage

mortgage broker

national emergency

President Woodrow Wilson

James A. Traficant Jr.

state of national emergency

usury

Vatican

Vatican Bank