By Anna Von Reitz
We cannot say this often enough, so we will say it again in hopes that it finally sinks into the grey matter of more brains worldwide:
The owner of the assets is also owed the credit derived from the assets.
That is, if I own a bar of gold and that gold is used as collateral backing an extension of credit, I own that credit, too.
This is true whether I am taking out the loan myself, or someone else acting as my Trustee is doing it "for" me.
The fundamental problem is that our British Territorial Employees usurped against us and encouraged their Municipal Employee counterparts to do the same.
They interject themselves as our "representatives" and "trustees" when in fact they are just our Employees working under contracts known as Constitutions, and none of their delegated duties ever involved managing our property assets or health, either one.
They claim to be our trustees and "representatives" when they are not actually authorized to act in those capacities, and, abusing our trust, they act under color of law to recklessly endanger our public purse for their private enrichment.
This fraud allows them to gain access to our assets and once in possession of our assets under these False Pretenses, they use our assets as collateral backing their spending and they steal all the benefit of the credit raised-- which actually belongs to us, too.
We recently reiterated MEP Godfrey Bloom's memorable speech in which he observed that all the banks are broke as a result of "fractional reserve banking" which is allowing the banks to extend seven to ten times more credit than they have assets backing it--- which is an even greater abuse of our credit.
When these banks, like Citibank and JPMorgan talk about "their assets" , be aware that they are actually broke and that all their assets are purloined from each and every one of us. They are also using assets that belong to "Legacy Trusts" and "Historical Trusts" --- like the Avila Family Trust and the V.K. Durham Trust, which they have latched onto unlawfully and illegally using their undisclosed registration and abandoned funds scams.
We might add that this abuse of our assets and our credit by banks that have been "redefined" as publicly insured institutions, results in the public --our public, being recklessly endangered and indebted by these foreign banks, without the victim's knowledge and with no benefit to the victim, and without any effort to define which "public" is on the hook.
The Perpetrators are obviously trying to snag the American Public for their risks and debts, but because they are operating as a Municipal CONGRESS the Legal Presumption has to be that they are acting only on behalf of the "citizens of the United States" -- hence the reason that they are so desperate to redefine each and every one of us as not only a U.S. Citizen, but as a citizen of the United States, too.
In a way, it's a reprise of what went on more recently with the Vaccine Manufacturers.
The UNITED STATES CONGRESS volunteered to hold their own BANKS harmless and insure them against any default using our assets and credit to do so, just as the same UNITED STATES CONGRESS accepted the liability of the Vaccine Manufacturers and used our money and assets to both create the pandemic boondoggle and insure themselves against their own liability for it.
The UNITED STATES CONGRESS doesn't actually have any contract allowing them to represent us in this manner and gets away with it by pretending that we acquiesce to it. Which we don't.
We are in fact demanding the return of our assets and control of both our assets and our credit, but what we are examining here is the mechanism by which they hope to insure themselves at their victim's expense --- which is by arbitrarily conferring an citizenship interest on people who don't need or want this "gift", plus an ownership interest in a bankrupt banking system, and making us (seemingly) responsible for its debts.
Even such pundits as Martin Armstrong fail to see the enormity of the Schtick. Here is his brilliant but conventional interpretation of part of the current situation, reposted for educational purposes:
Why Does the Government Borrow Its Own Currency?
Posted May 11, 2024 By Martin Armstrong |
The problem with people’s attitudes toward the national debt is that everyone has forgotten why we borrowed in the first place. The theory was that if you borrowed rather than printed money, you were NOT increasing the existing money supply, and therefore, in theory, it would not be inflationary.
However, the Democrats forgot how to run for government without their Marxist agenda of bribing the people to vote for them. This led to always creating deficits.
Add to this the NEOCONS who have done nothing but wage wars ever since World War II to defeat Communism and have spent money lavishly on trying to conquer the world.
October 13, 1960 Debate Transcript
During the Presidential Third Debate of 1960, the question about the outflow of gold from the USA reserves arose. This sparked a Gold Panic in the London gold market, whereby gold rallied to $40 for the first time, showing that the Bretton Woods System was beginning to collapse. The United States’ outflow of gold was not really from a trade deficit but from the fact that the USA was defending the world with its military establishing bases everywhere. That meant capital was leaving. Gold rallied again to $40 in the late 1960s, and finally, it forced the collapse of the convertibility of gold under the Bretton Woods System in 1971. Kennedy’s words were:
“Now, on the question of gold. The difficulty, of course, is that we do have heavy obligations abroad, that we therefore have to maintain not only a favorable balance of trade but also send a good deal of our dollars overseas to pay our troops, maintain our bases, and sustain other economies. In other words, if we’re going to continue to maintain our position in the sixties, we have to maintain a sound monetary and fiscal policy. We have to have control over inflation, and we also have to have a favorable balance of trade. We have to be able to compete in the world market.”
The dollars were being spent not to benefit our economy but to fulfill the dreams of the Neocons; when Communism fell, they refused to accept any real change.
Rome takes care of widows and orphans.
We borrow, which is worse than printing because we have to pay interest on constantly rolling the debt. This year, we will spend about $1 trillion on interest, the total national debt when Reagan took office in 1981.
At times, 70% of the national debt is accumulative interest. That means it went nowhere to improve society or care for widows and orphans, at least as the Romans did.
Had we printed the money instead of borrowing, it would have been less inflationary and the capital would have created more jobs instead of investing in government debt which has only funded the Neocons’ wildest dreams."
Posted May 11, 2024 By Martin Armstrong |
The problem with people’s attitudes toward the national debt is that everyone has forgotten why we borrowed in the first place. The theory was that if you borrowed rather than printed money, you were NOT increasing the existing money supply, and therefore, in theory, it would not be inflationary.
However, the Democrats forgot how to run for government without their Marxist agenda of bribing the people to vote for them. This led to always creating deficits.
Add to this the NEOCONS who have done nothing but wage wars ever since World War II to defeat Communism and have spent money lavishly on trying to conquer the world.
October 13, 1960 Debate Transcript
During the Presidential Third Debate of 1960, the question about the outflow of gold from the USA reserves arose. This sparked a Gold Panic in the London gold market, whereby gold rallied to $40 for the first time, showing that the Bretton Woods System was beginning to collapse. The United States’ outflow of gold was not really from a trade deficit but from the fact that the USA was defending the world with its military establishing bases everywhere. That meant capital was leaving. Gold rallied again to $40 in the late 1960s, and finally, it forced the collapse of the convertibility of gold under the Bretton Woods System in 1971. Kennedy’s words were:
“Now, on the question of gold. The difficulty, of course, is that we do have heavy obligations abroad, that we therefore have to maintain not only a favorable balance of trade but also send a good deal of our dollars overseas to pay our troops, maintain our bases, and sustain other economies. In other words, if we’re going to continue to maintain our position in the sixties, we have to maintain a sound monetary and fiscal policy. We have to have control over inflation, and we also have to have a favorable balance of trade. We have to be able to compete in the world market.”
The dollars were being spent not to benefit our economy but to fulfill the dreams of the Neocons; when Communism fell, they refused to accept any real change.
Rome takes care of widows and orphans.
We borrow, which is worse than printing because we have to pay interest on constantly rolling the debt. This year, we will spend about $1 trillion on interest, the total national debt when Reagan took office in 1981.
At times, 70% of the national debt is accumulative interest. That means it went nowhere to improve society or care for widows and orphans, at least as the Romans did.
Had we printed the money instead of borrowing, it would have been less inflationary and the capital would have created more jobs instead of investing in government debt which has only funded the Neocons’ wildest dreams."
Like any typical American, Armstrong sees it in terms of political parties, but it isn't really a political party issue of what the credit is being spent on-- guns v. butter.
It's a more fundamental question of whose credit is it? Whose risk is it? And who is profiting from this?
The credit belongs to the Americans, and they are being held responsible for the expense and the risk of this system, but as if by magic, they are not in control of these cozy arrangements and not receiving back any of the profits.
How is this possible?
Please note: Kennedy's comments posted here as part of Armstrong's article were made in relative ignorance as a Candidate for office, and were made from the perspective of a candidate seeking a Municipal Office back in 1960.
He knew that "we" were supporting and defending all these countries that "we" were occupying, and supporting all these other economies, but he didn't mention who "we" were.
Like Martin Armstrong still does, the assumption in 1960 was that there is one Constitution and one National Debt and that all of this is the responsibility of the American Public, when in fact, it is the responsibility of the Municipal UNITED STATES CONGRESS and its CITIZENRY.
We, the Americans, are owed the National Credit (because we give goods and services in exchange for Federal I.O.U.s) and the U.S. Citizens are responsible for the National Debt (for floating FEDERAL RESERVE NOTES as I.O.U.s) , but when you bring these two populations together and balance the books, the National Credit and the National Debt zero out, and there is no excuse for the existence of any interest paid on the so-called "National Debt" at all.
It's just another Bad Bookkeeping Scam based on foreign jurisdictions -- one that unjustly enriches the banks and fleeces the American population -- both those who retain their state nationality and those who choose to serve as U.S. Citizens.
The further answer is that "the Government" that Martin Armstrong is thinking of, can't print its own money, because it isn't actually a Government.
It's a corporation in the business of providing "essential government services" -- which is an entirely different Beastie with no choice but to borrow.
So would we be much further ahead to print our own money like any sane and sovereign nation, or would we borrow our own money? We'd print it, of course, and instead of just assuming we are stupid, it's most worthwhile to delve into why it took 160 years for us to issue a new asset-backed American currency, the American Federation Dollar.
The Federal Subcontractors deliberately obfuscated the situation and that kept us from issuing our own money, with the result that no bills could actually be paid, and no settlement of the "National Credit / National Debt" issue could be made.
We have been calling for the balancing of the books since 2011, to zero out the so-called "National Debt" against our already earned National Credit, and also calling for the repudiation of any interest that has ever been paid on the "National Debt" -- as any National Debt resulting from the use of FEDERAL RESERVE NOTES was actually paid the moment that each transaction took place.
Furthermore, owing to the fact that FEDERAL RESERVE NOTES were not collected and cancelled upon each transaction, both the "National Credit" and the "National Debt" are actually astronomically larger than superficial reference to money supply might suggest.
We have, in effect, been dealing in a fictional economy with a phantom, elastic "money" supply, which is and was nothing more or less than our own purloined credit, and its "inflation" was caused by nothing more or less than: (1) over-extending it by seven to ten times outright (fractional reserve banking) and (2) charging interest on it (the fictional National Debt) and (3) failure to receipt and balance the books on the transactions (repeated goods and services received for the same debt note) and (4) other wonky bookkeeping as assigned.
Inflation is not caused by devaluation of the currency.
Inflation is a hidden tax on the activity of the economy, which increases as more activity is expressed. Increasing the Prime Interest Rate slows the economy which is what slows inflation-- not the other way around.
As usual, our attention has been deliberately distracted and focused on the wrong things, so that we make wrong assumptions about what is actually going on.
We think that inflation is bad because our currency is worth less in the marketplace and our buying power is curtailed, but our trading partners think that inflation is great because our currency is worth less in comparison to their currency, which makes their goods and services competitive in the marketplace.
Anyone noticed how many European products are now available on your grocery shelves? And how American and Chinese products have disappeared?
Both the yen and the dollar have been too strong for too long, with the result that the comparative strength of our combined economic miracle was choking off the air for everyone else.
That's why Trump, a gung-ho Make America Great Again (and Devil Take the Hindmost) candidate who focused on bettering the American economy, has been feared and hated and vilified by most of the known world.
He did great things for us, but at an unseen cost.
That Unseen Cost increased the cost of living throughout much of the rest of the world, which combined with the price and commodity supply rigging of the Central Banks, and the Isolationist Sweetheart Deal between the U.S. and China, was artificially impoverishing everyone else.
The attack on the Nordstream gas pipelines was the Final Straw, when Europe and Russia realized that Joe Biden was willing to see people freeze in the dark for a few pennies he didn't need, over energy supply contracts he couldn't competitively provide.
The rest of the world is fed up with this criminality and selfishness and violence and so are we. We have suffered under it and because of it like everyone else.
The 300-year crime spree of the British Empire is finally coming to an end. Colonialism is finally coming to an end. Corporate feudalism has been defeated.
New generations of people are rising who will be set free and enabled to enjoy our diverse cultures and climates and racial identities, instead of being afraid of them. New mathematics, new science, and new horizons are beckoning.
Those who have been fighting for the old, rotten status quo need to think about what they have been fighting for, how they have been lied to, used, abused, fleeced into penury and misdirected to do things that are criminal.
And then laughed at and hung out to dry, cavalierly denied "benefits" you paid for, taxed on land you own, bullied, impoverished, impersonated, and railroaded by thugs who take their paychecks and pensions from your pocket.
Is this any way to live? Is this freedom? Or safety, either?
Would you ever trust these same people and institutions again? Just hand over the keys and let them "take care of you"?
That's what got us into this situation. That's what we've been doing wrong for the last 160 years. There is no substitute for living and thinking for yourself. No escape from your Primal Responsibility as an adult member of the species.
We do not live in a vacuum, nor on an island. Our fate is inextricably bound to the fate of the whole of mankind. Any affront to one of us, is an affront to all of us.
If any man would enslave another, he would attempt to enslave all of us. If any man lies to one of us, he lies to all of us. If he would kill one of us for the sake of money or politics, then we are all in danger.
It isn't just "Make America Great Again". For America to be truly great, she has to bring the rest of the world along with her. She has to rise above fear and hypocrisy and find her heart.
Issued by:
Anna Maria Riezinger, Fiduciary
The United States of America
In care of: Box 520994
Big Lake, Alaska 99652
May 11th 2024
