I HAVE SPENT MONTHS ON THIS, SO I HOPE YOU WILL TAKE IT SERIOUSLY,
AND THINK LONG ABOUT WHAT I HAVE FOUND.
I TELL YOU THE TRUTH, AMERICAN MONEY IS NOT WORTH THE COST OF
PRINTING IT, AND NONE OF US WHO TRADE IN STOCKS AND BONDS OWN ANY OF THEM!
NOR DO WE EVER ACTUALLY OWN OUR HOMES, OUR AUTOMOBILES, OR EVEN
OUR "LICENSES" TO DO ANYTHING.
EVERYTHING WE KNOW IS A MYTH, A LIE, A FLEETING SHADOW.
AND MEN IN HIGH PLACES, PRESIDENTS, CONGRESSMEN HAVE KNOWN THIS FOR ALMOST 100 YEARS...PERHAPS LONGER!
BELOW, YOU WILL FIND WHAT THEY KNOW THAT YOU, OR I, HAVE NOT BEEN PREVIOUSLY AWARE OF.
WHY DO SOME CONGRESSMEN CALL FOR AN AUDIT OF THE FEDERAL RESERVE NOW AND THEN?
BECAUSE THEY KNOW WHO IS REALLY BEHIND THAT "CURTAIN", WHO REALLY RUNS "OZ", BUT THEY DON'T WANT TO STAND ALONE AGAINST WHAT THEY KNOW.
THOSE WHO DO CALL FOR AN AUDIT ARE ALWAYS MALIGNED AND RIDICULED BY MAINSTREAM MEDIA, AND NO ONE EVER ASKS WHY.
IF YOU DOUBT ANY OF THIS, THANKS TO THE TOOL WE HAVE OF THE INTERNET AND (ONLY SLIGHTLY) THE "FREEDOM OF INFORMATION ACT", YOU MAY LOOK IT ALL UP FOR YOURSELVES...FOR NOW...BUT DO HURRY AS THE NOOSE IS TIGHTENING AROUND OUR "FAIR USE" OF THIS INTERNET, OUR ACCESS TO ONE ANOTHER AND A WEALTH OF HONEST DATA AND INFORMATION.
DO YOU KNOW WHAT THE "MELT-VALUE" OF THAT OLD EISENHOWER "SILVER DOLLAR" IS WORTH IN TODAY'S METALS MARKET?
LESS THAN 16 CENTS
ANY "SILVER DOLLAR" AFTER 1971 IS ONLY WORTH ABOUT 5 CENTS IF YOU MELT IT DOWN FOR THE SILVER.
A U.S. QUARTER HAS LESS THAN 4 CENTS OF VALUABLE METAL IN IT.
DO YOU KNOW WHEN AND WHY SILVER CEASED BEING USED IN AMERICAN COINS?
Any United States dime, quarter, half dollar or dollar that is dated 1964 or earlier is made of 90% silver. THEN THAT ENDED!
In the early 1960′s, the silver supply for the nation’s coinage was dwindling rapidly. As Congress and the Administration debated over silver’s future role in coinage, the silver market jumped 10% immediately, and another 30% by 1962. This set the stage for the complete elimination of silver from our coinage by the end of 1964.
The value of these coins is tied directly to the price of silver. At $25 per ounce, 90% silver coins are worth about seventeen times their face value. A dime would be worth about $1.70, a quarter about $4.25, and a half dollar, about $8.50. At the same silver price of $25, 40% silver half dollars are worth approximately $2.75 each.
U.S. HALF DOLLARS DATED 1971 or later are copper-nickel clad coins with the exception again of the special Bicentennial halves sold in the Mint Sets and Proof Sets with the “S” mint mark, which are 40% silver.
NO U.S. MODERN-DAY COINS CONTAIN SILVER!
THERE IS ALSO A BIG DIFFERENCE IN TYPES OF SILVER USED IN COINAGE.
Pure silver coins are 99.9% silver bullion.
Coins with less silver are considered alloy silver coins.
WHAT ABOUT AMERICAN PAPER CURRENCY?
TECHNICALLY, IT ISN'T WORTH THE COST OF THE INK AND PAPER!
AFTER WE STOPPED BACKING UP U.S. PAPER DOLLARS WITH GOLD, WE HAD :SILVER CERTIFICATES", AND, PRESUMABLY, ONE COULD GO TO A BANK AND EXCHANGE A SILVER CERTIFICATE FOR SILVER...REAL SILVER, AS IN SILVER BULLION, 99.9% PURE SILVER.
NOT ANYMORE.
Federal Reserve notes are not redeemable in gold, silver or any other commodity, and receive no backing by anything. This has been the case since 1933. The notes have no value for themselves, but for what they will buy.
DID YOU UNDERSTAND THAT?
FEDERAL RESERVE NOTES ARE BACKED BY NOTHING, NIL, NADA, ZILCH!
OUR PAPER MONEY IS NOT REDEEMABLE IN GOLD, SILVER, OR "OTHER".
U.S. CURRENCY IS NOT BACKED BY ANYTHING!
What are United States Notes and how are they different from Federal Reserve notes?
United States Notes (characterized by a red seal and serial number) were the first national currency, authorized by the Legal Tender Act of 1862 and began circulating during the Civil War. The Treasury Department issued these notes directly into circulation, and they are obligations of the United States Government. The issuance of United States Notes is subject to limitations established by Congress. It established a statutory limitation of $300 million on the amount of United States Notes authorized to be outstanding and in circulation. While this was a significant figure in Civil War days, it is now a very small fraction of the total currency in circulation in the United States.
Both United States Notes and Federal Reserve Notes are parts of our national currency and both are legal tender. They circulate as money in the same way. However, the issuing authority for them comes from different statutes. United States Notes were redeemable in gold until 1933, when the United States abandoned the gold standard. Since then, both currencies have served essentially the same purpose, and have had the same value. Because United States Notes serve no function that is not already adequately served by Federal Reserve Notes, their issuance was discontinued, and none have been placed in to circulation since January 21, 1971.
The Federal Reserve Act of 1913 authorized the production and circulation of Federal Reserve notes. Although the Bureau of Engraving and Printing (BEP) prints these notes, they move into circulation through the Federal Reserve System. They are obligations of both the Federal Reserve System and the United States Government. On Federal Reserve notes, the seals and serial numbers appear in green.
HOW MANY PAPER BILLS ARE PRODUCED IN A DAY?
The Bureau of Engraving and Printing (BEP) headquarters is located in Washington, DC. The BEP is responsible for designing and printing our paper currency. There is also a satellite production facility located in Fort Worth, Texas, which began operations in January 1991.
During Fiscal Year (FY) 2013, the Bureau of Engraving and Printing delivered approximately 26 million notes a day with a face value of approximately $1.3 billion.
AND THINK LONG ABOUT WHAT I HAVE FOUND.
I TELL YOU THE TRUTH, AMERICAN MONEY IS NOT WORTH THE COST OF
PRINTING IT, AND NONE OF US WHO TRADE IN STOCKS AND BONDS OWN ANY OF THEM!
NOR DO WE EVER ACTUALLY OWN OUR HOMES, OUR AUTOMOBILES, OR EVEN
OUR "LICENSES" TO DO ANYTHING.
EVERYTHING WE KNOW IS A MYTH, A LIE, A FLEETING SHADOW.
AND MEN IN HIGH PLACES, PRESIDENTS, CONGRESSMEN HAVE KNOWN THIS FOR ALMOST 100 YEARS...PERHAPS LONGER!
BELOW, YOU WILL FIND WHAT THEY KNOW THAT YOU, OR I, HAVE NOT BEEN PREVIOUSLY AWARE OF.
WHY DO SOME CONGRESSMEN CALL FOR AN AUDIT OF THE FEDERAL RESERVE NOW AND THEN?
BECAUSE THEY KNOW WHO IS REALLY BEHIND THAT "CURTAIN", WHO REALLY RUNS "OZ", BUT THEY DON'T WANT TO STAND ALONE AGAINST WHAT THEY KNOW.
THOSE WHO DO CALL FOR AN AUDIT ARE ALWAYS MALIGNED AND RIDICULED BY MAINSTREAM MEDIA, AND NO ONE EVER ASKS WHY.
IF YOU DOUBT ANY OF THIS, THANKS TO THE TOOL WE HAVE OF THE INTERNET AND (ONLY SLIGHTLY) THE "FREEDOM OF INFORMATION ACT", YOU MAY LOOK IT ALL UP FOR YOURSELVES...FOR NOW...BUT DO HURRY AS THE NOOSE IS TIGHTENING AROUND OUR "FAIR USE" OF THIS INTERNET, OUR ACCESS TO ONE ANOTHER AND A WEALTH OF HONEST DATA AND INFORMATION.
DO YOU KNOW WHAT THE "MELT-VALUE" OF THAT OLD EISENHOWER "SILVER DOLLAR" IS WORTH IN TODAY'S METALS MARKET?
LESS THAN 16 CENTS
ANY "SILVER DOLLAR" AFTER 1971 IS ONLY WORTH ABOUT 5 CENTS IF YOU MELT IT DOWN FOR THE SILVER.
A U.S. QUARTER HAS LESS THAN 4 CENTS OF VALUABLE METAL IN IT.
DO YOU KNOW WHEN AND WHY SILVER CEASED BEING USED IN AMERICAN COINS?
Any United States dime, quarter, half dollar or dollar that is dated 1964 or earlier is made of 90% silver. THEN THAT ENDED!
In the early 1960′s, the silver supply for the nation’s coinage was dwindling rapidly. As Congress and the Administration debated over silver’s future role in coinage, the silver market jumped 10% immediately, and another 30% by 1962. This set the stage for the complete elimination of silver from our coinage by the end of 1964.
The value of these coins is tied directly to the price of silver. At $25 per ounce, 90% silver coins are worth about seventeen times their face value. A dime would be worth about $1.70, a quarter about $4.25, and a half dollar, about $8.50. At the same silver price of $25, 40% silver half dollars are worth approximately $2.75 each.
U.S. HALF DOLLARS DATED 1971 or later are copper-nickel clad coins with the exception again of the special Bicentennial halves sold in the Mint Sets and Proof Sets with the “S” mint mark, which are 40% silver.
NO U.S. MODERN-DAY COINS CONTAIN SILVER!
THERE IS ALSO A BIG DIFFERENCE IN TYPES OF SILVER USED IN COINAGE.
Pure silver coins are 99.9% silver bullion.
Coins with less silver are considered alloy silver coins.
WHAT ABOUT AMERICAN PAPER CURRENCY?
TECHNICALLY, IT ISN'T WORTH THE COST OF THE INK AND PAPER!
AFTER WE STOPPED BACKING UP U.S. PAPER DOLLARS WITH GOLD, WE HAD :SILVER CERTIFICATES", AND, PRESUMABLY, ONE COULD GO TO A BANK AND EXCHANGE A SILVER CERTIFICATE FOR SILVER...REAL SILVER, AS IN SILVER BULLION, 99.9% PURE SILVER.
NOT ANYMORE.
Federal Reserve notes are not redeemable in gold, silver or any other commodity, and receive no backing by anything. This has been the case since 1933. The notes have no value for themselves, but for what they will buy.
DID YOU UNDERSTAND THAT?
FEDERAL RESERVE NOTES ARE BACKED BY NOTHING, NIL, NADA, ZILCH!
OUR PAPER MONEY IS NOT REDEEMABLE IN GOLD, SILVER, OR "OTHER".
U.S. CURRENCY IS NOT BACKED BY ANYTHING!
What are United States Notes and how are they different from Federal Reserve notes?
United States Notes (characterized by a red seal and serial number) were the first national currency, authorized by the Legal Tender Act of 1862 and began circulating during the Civil War. The Treasury Department issued these notes directly into circulation, and they are obligations of the United States Government. The issuance of United States Notes is subject to limitations established by Congress. It established a statutory limitation of $300 million on the amount of United States Notes authorized to be outstanding and in circulation. While this was a significant figure in Civil War days, it is now a very small fraction of the total currency in circulation in the United States.
Both United States Notes and Federal Reserve Notes are parts of our national currency and both are legal tender. They circulate as money in the same way. However, the issuing authority for them comes from different statutes. United States Notes were redeemable in gold until 1933, when the United States abandoned the gold standard. Since then, both currencies have served essentially the same purpose, and have had the same value. Because United States Notes serve no function that is not already adequately served by Federal Reserve Notes, their issuance was discontinued, and none have been placed in to circulation since January 21, 1971.
The Federal Reserve Act of 1913 authorized the production and circulation of Federal Reserve notes. Although the Bureau of Engraving and Printing (BEP) prints these notes, they move into circulation through the Federal Reserve System. They are obligations of both the Federal Reserve System and the United States Government. On Federal Reserve notes, the seals and serial numbers appear in green.
HOW MANY PAPER BILLS ARE PRODUCED IN A DAY?
The Bureau of Engraving and Printing (BEP) headquarters is located in Washington, DC. The BEP is responsible for designing and printing our paper currency. There is also a satellite production facility located in Fort Worth, Texas, which began operations in January 1991.
During Fiscal Year (FY) 2013, the Bureau of Engraving and Printing delivered approximately 26 million notes a day with a face value of approximately $1.3 billion.
During
Fiscal Year (FY) 2013, the Bureau of Engraving and Printing delivered
approximately 6.6 billion notes at an average cost of 10 cents per note.
About 90-95 percent of the currency notes printed each year are used to replace notes that are already in circulation.
AMERICAN CURRENCY IS BACKED BY NOTHING, OUR COINS ARE CHEAP METAL, AND OUR PAPER MONEY IS ABOUT AS REAL AS MONOPOLY MONEY, BUT WHAT IS AN AMERICAN DOLLAR (USD) WORTH AGAINST OTHER CURRENCIES?
In CANADA, a U.S.D.is worth about $1.12.
It takes 13.2 Mexican Pesos to buy a USD.
In Switzerland, the buying power of a USD becomes JUST 88 CENTS.
36 Russian Rubles will buy a dollar.
In Japan a USD will get you 102 Yen.
In China you can exchange 6.2 Yuan for 1 USD
A British Pound is equal to 1.65 USDs.
An Australian Dollar is equal to about .91 American cents.
But the USD won't exchange for more than about .72 of a European Euro.
NOT TOO SHODDY OVERALL, BUT WHY IS THE USD WORTH MORE THAN THE CURRENCIES OF MOST OTHER NATIONS?
SMOKE AND MIRRORS...MAGIC!
REMEMBER THAT "QUIET" LITTLE MULTI-TRILLION DOLLARS COMPANY CALLED THE DTC, OR DTCC? IT WAS THE PRIVATE COMPANY THAT "LOST" ABOUT $37 TRILLION IN STOCKS/BONDS DURING THE NEW YORK CITY FLOODING THAT CAME WITH HURRICANE SANDY.
<<The DTC emerged in the late 1960s when the New York Stock Exchange became unable to handle its trade volume, which was then in excess of 8 million shares per day. Thanks in part to the DTC, the NYSE now can handle billions of trades per day. As an automated system, the DTC lowers costs and improves accuracy. The Depository Trust Company is owned by the Depository Trust and Clearing Company, which manages risk in the financial system. Formerly an independent entity, the DTC was consolidated with several other securities clearing companies in 1999 and became a subsidiary of the DTCC.
The Depository Trust Company, founded in 1973 and based in New York City, is organized as a limited purpose trust company and provides safekeeping through electronic record-keeping of securities balances. It also acts like a clearinghouse to process and settle trades in corporate and municipal securities.
DTCC was established in 1999 as a holding company to combine The Depository Trust Company (DTC) and National Securities Clearing Corporation (NSCC).
The DTC holds trillions of dollars’ worth of securities in custody, including corporate stocks and bonds, municipal bonds and money market instruments. It settles funds at the end of each trading day using the Fedwire Funds Service. The DTC is registered with the SEC, is a member of the Federal Reserve System, and is owned by many companies in the financial industry, with the NYSE being one of its largest shareholders.>>
STOP! STOP!!!
THAT IS NOT QUITE TRUE!
THE DTC/DTCC IS PART AND PARCEL OF THE FEDERAL RESERVE....PERIOD...AND ONE IS THE SAME AS THE OTHER, THAT'S A FACT.
<<Securities brokers, dealers, institutional investors, depository institutions, issuing and paying agents and settling banks use the DTC, but individual investors do not interact with it.
[MAKE A NOTE OF THAT ...NO INDIVIDUAL INVESTOR CAN INTERACT WITH THE DTC...AND WONDER WHY!]
In addition to safekeeping, record-keeping and clearing services, the DTC provides direct registration, underwriting, reorganization, and proxy and dividend services. For example, under its dividend services, it announces when a company declares a dividend, then collects the dividend payment from the issuing company, allocates dividend payments to shareholders and reports those payments.>>
IT IS FEDERALLY MANDATED THAT THE DTC PROCESSES EVERY SECURITY TRANSACTION IN THE USA, THAT INDIVIDUAL INVESTORS CANNOT DEAL WITH THE DTC, AND THAT THE DTC LEGALLY TRANSFERS ALL SECURITIES TO "CEDE & COMPANY"...CEDE, AS IN GIVE IN, GIVE UP...WHICH IS WHAT ANYONE DOES WHO WANTS TO EAL IN SECURITIES, WHO ANTS TO "TRADE",
IT GETS "SMOKIER" AND ADD MORE MIRRORS!
THE DTC AND THE FEDERAL RESERVE ARE BOTH OWNED BY THE SAME HANDFUL OF PEOPLE.
EVEN AS WITNESSES CALLED BEFORE CONGRESS, NO HEAD OF THE FEDERAL RESERVE HAS EVER, EVER REVEALED WHO ACTUALLY OWNS THE FEDERAL RESERVE, HAS ONLY OFFERED A LIST OF "GOVERNORS", BUT THOSE "GOVERNORS" ARE NOT THE ACTUAL OWNERS!
WHILE "COMMON JOE CITIZEN" CANNOT DEAL DIRECTLY WITH THE DTC, OTHER INDIVIDUAL CITIZENS CAN OWN THE DAMNED FED AND THE DTC/DTCC!
TRY TO IMAGINE THE ABSOLUTE POWER WIELDED BY THOSE OWNERS!
AMERICAN CURRENCY IS BACKED BY NOTHING, OUR COINS ARE CHEAP METAL, AND OUR PAPER MONEY IS ABOUT AS REAL AS MONOPOLY MONEY, BUT WHAT IS AN AMERICAN DOLLAR (USD) WORTH AGAINST OTHER CURRENCIES?
In CANADA, a U.S.D.is worth about $1.12.
It takes 13.2 Mexican Pesos to buy a USD.
In Switzerland, the buying power of a USD becomes JUST 88 CENTS.
36 Russian Rubles will buy a dollar.
In Japan a USD will get you 102 Yen.
In China you can exchange 6.2 Yuan for 1 USD
A British Pound is equal to 1.65 USDs.
An Australian Dollar is equal to about .91 American cents.
But the USD won't exchange for more than about .72 of a European Euro.
NOT TOO SHODDY OVERALL, BUT WHY IS THE USD WORTH MORE THAN THE CURRENCIES OF MOST OTHER NATIONS?
SMOKE AND MIRRORS...MAGIC!
REMEMBER THAT "QUIET" LITTLE MULTI-TRILLION DOLLARS COMPANY CALLED THE DTC, OR DTCC? IT WAS THE PRIVATE COMPANY THAT "LOST" ABOUT $37 TRILLION IN STOCKS/BONDS DURING THE NEW YORK CITY FLOODING THAT CAME WITH HURRICANE SANDY.
<<The DTC emerged in the late 1960s when the New York Stock Exchange became unable to handle its trade volume, which was then in excess of 8 million shares per day. Thanks in part to the DTC, the NYSE now can handle billions of trades per day. As an automated system, the DTC lowers costs and improves accuracy. The Depository Trust Company is owned by the Depository Trust and Clearing Company, which manages risk in the financial system. Formerly an independent entity, the DTC was consolidated with several other securities clearing companies in 1999 and became a subsidiary of the DTCC.
The Depository Trust Company, founded in 1973 and based in New York City, is organized as a limited purpose trust company and provides safekeeping through electronic record-keeping of securities balances. It also acts like a clearinghouse to process and settle trades in corporate and municipal securities.
DTCC was established in 1999 as a holding company to combine The Depository Trust Company (DTC) and National Securities Clearing Corporation (NSCC).
The DTC holds trillions of dollars’ worth of securities in custody, including corporate stocks and bonds, municipal bonds and money market instruments. It settles funds at the end of each trading day using the Fedwire Funds Service. The DTC is registered with the SEC, is a member of the Federal Reserve System, and is owned by many companies in the financial industry, with the NYSE being one of its largest shareholders.>>
STOP! STOP!!!
THAT IS NOT QUITE TRUE!
THE DTC/DTCC IS PART AND PARCEL OF THE FEDERAL RESERVE....PERIOD...AND ONE IS THE SAME AS THE OTHER, THAT'S A FACT.
<<Securities brokers, dealers, institutional investors, depository institutions, issuing and paying agents and settling banks use the DTC, but individual investors do not interact with it.
[MAKE A NOTE OF THAT ...NO INDIVIDUAL INVESTOR CAN INTERACT WITH THE DTC...AND WONDER WHY!]
In addition to safekeeping, record-keeping and clearing services, the DTC provides direct registration, underwriting, reorganization, and proxy and dividend services. For example, under its dividend services, it announces when a company declares a dividend, then collects the dividend payment from the issuing company, allocates dividend payments to shareholders and reports those payments.>>
IT IS FEDERALLY MANDATED THAT THE DTC PROCESSES EVERY SECURITY TRANSACTION IN THE USA, THAT INDIVIDUAL INVESTORS CANNOT DEAL WITH THE DTC, AND THAT THE DTC LEGALLY TRANSFERS ALL SECURITIES TO "CEDE & COMPANY"...CEDE, AS IN GIVE IN, GIVE UP...WHICH IS WHAT ANYONE DOES WHO WANTS TO EAL IN SECURITIES, WHO ANTS TO "TRADE",
IT GETS "SMOKIER" AND ADD MORE MIRRORS!
THE DTC AND THE FEDERAL RESERVE ARE BOTH OWNED BY THE SAME HANDFUL OF PEOPLE.
EVEN AS WITNESSES CALLED BEFORE CONGRESS, NO HEAD OF THE FEDERAL RESERVE HAS EVER, EVER REVEALED WHO ACTUALLY OWNS THE FEDERAL RESERVE, HAS ONLY OFFERED A LIST OF "GOVERNORS", BUT THOSE "GOVERNORS" ARE NOT THE ACTUAL OWNERS!
WHILE "COMMON JOE CITIZEN" CANNOT DEAL DIRECTLY WITH THE DTC, OTHER INDIVIDUAL CITIZENS CAN OWN THE DAMNED FED AND THE DTC/DTCC!
TRY TO IMAGINE THE ABSOLUTE POWER WIELDED BY THOSE OWNERS!
(MANY OF THE FOLLOWING EXCERPTS ARE FROM AN ARTICLE ORIGINALLY PUBLISHED IN THE NORTH
BRIDGE NEWS, ISSUE 14, NOV. 1995)
<<In dealing with the trust department of a major New Jersey bank, one of
our staff wanted to transfer his trust assets, comprising stocks and bonds,
to a new trust he had set up in another state. The bank said that it would take
at least six weeks to do so as none of his assets were currently held in his own
name or in the name of his trust account!
In a panic, he brought this before our entire staff and asked if we could
investigate. We did, and the can of worms we've opened should frighten
every American.
After encountering numerous "no comments" and "that's not my department"
excuses, we eventually spoke to Mr. Jeff McNeil [transcriber: may be "McNeff"
or "McNell" -JW], director of training at the DTC. He says he's been employed
there for 19 years and was very proud of his employer. By law, he should have
disclosed to us that his employer[s] was recording our telephone conversation
[our electronic equipment picked up on this immediately].
He informed us that "DTC is the largest limited trust company in the
world, with assets of $9.1 trillion." Can you imagine? An unknown banking
company could pay off the national debt, and them some! Jeff then went on
to say "DTC is a brokerage and transfer center. We're a private bank for
securities. We handle the book entry trans- actions for all banks and
brokers. Every bank and brokerage firm must secure their membership with us
in case they become insolvent, so your assets are secure with DTC."
Yes,you read that correctly,
DTC is a private entity that processes every stock and [paper
securities] for all U.S. banks and brokerage houses. The big question is
"just who gave this company such a broad range of financial power and clout?"
"It's required by the Federal Reserve that DTC handle all transactions."
The Federal Reserve Corp. is a private company, not an agency of our federal government. They
mandated that DTC process every securities transaction in the U.S. It's no
wonder that DTC is owned by the same stockholders as the Federal Reserve
Corp. In other words, the DTC is really a front for the Federal Reserve Corp.
Now let's see how this affects the average working American.
YOUR STOCKS, YOUR BONDS, AS THE POOR GUY MENTIONED ABOVE FOUND OUT,
AS ANYONE WHO WANTS TO CAN FIND OUT, ARE NOT TRADED IN YOUR NAME, DO
NOT EVEN BELONG TO YOU ONCE YOU TURN THINGS OVER TO THE DTC, AS YOU MUST.
AFTER THAT, YOU ARE MERELY THE "NAMED BENEFICIARY"!
AND DTC, BY WAY OF "CEDE AND COMPANY", CAN MAKE SOMEONE ELSE THE
BENEFICIARY ANY TIME THEY PLEASE!
SOUNDS IMPOSSIBLE, EVEN ILLEGAL, RIGHT?
NOPE!
IT'S JUST THE WAY IT IS...
SAME AS THOSE MORTGAGES TO THOSE HOMES AND BUSINESSES YOU ONLY THINK YOU OWN!
March 17, 2012
https://groups.google.com/forum/#!msg/apfn/uFsKbQYhGns/cMg9-41VEK0J
You may be thinking... well being beneficiary is just as good as being the stated owner.... WRONG!
Being beneficiary of the stocks and bonds purchased may be fine when all things are going well, but
what happens when things start going nuts and banks have some real problems (ie: Greece default
and banks exposure to it, via derivatives)?
Remember MF Global - world's largest commodities broker? They went bankrupt, Oct 31 2011,
and 1.2 Billion had been taken out of customers accounts just days before hand. It has been
discovered that bank transfers of hundreds of millions of dollars were to JP Morgan before the
commodities broker went down. The Federal government is not going to prosecute a single
person regarding the outright theft of 1.2 billion from the customer accounts. Jon Corzine
(CEO of MF Global, Obama money bundler, previous Governor of N.J.) is walking away a free
man and the Congress is calling him "Honorable" at the same time.
Then to make matters worse the Bankruptcy Judge put it in as a Equities bankruptcy and
not a commodities bankruptcy (which was out right fraud) so Wall Street banks get first money,
compared to the customers getting their money back, which then allowed JP Morgan to steal all
the gold and silver being stored for paying customers and outright owners of those metals.
The customers of MF Global did not just lose their cash in accounts, they also lost all the gold
and silver they owned for years and paid storage on through MF Global.
Do you understand how Wall Street is protected over all customers by what has happened with
MF Global?
How could that have happened, how could such obvious injustice have been done on every level?
How come not one single level of government from Congressional, Judicial and Administrative will
not hold a Wall Street Commodities broker accountable to stealing the customers' money out
of their personal accounts? How come not one single regulatory committee (CFTC) or government
entity (FBI, DHS, etc) are not making MF Global accountable for theft directly out of people's
personal accounts?
Well, once you read the information below, you will understand why MF Global is able to get away
with it. I now understand it. Because all the commodity contracts and gold and silver people thought
they owned, they did not. They were strictly beneficiaries of it as long as the government/Fed Reserve
allowed them to be. But once it came down to MF Global falling apart the "real" owners kept all
monies and gold and silver. It all makes sense to me now and all the pieces of the puzzle have come
together in why a broker is able to steal people's money out of their accounts. Once I read the article
I decided to do a little research to find out if it was all true.
The banks and brokers are merely custodians for their clients. By federal law (SEC), they cannot hold
any assets in the customer’s name. The assets must be held in the name of DTC’s holding
company, CEDE & Co. That’s how DTC has more than $19 trillion dollars of assets in trust
or is it really in trust if the private Federal Reserve System is technically holding it in their "unknown
entity's" name?
Obviously, if stock and bond certificates you'Ve purchased are NOTin your name, then the holdeR
(the Federal Reserve System)
could theoretically refuse to surrender them back to you under a national emergency according to
the Trading with the Enemy Act (as amended).
Is this the collateral being held by the private Federal Reserve System to pay off the national debt
owed to them by our federal government, first initiated by Lincoln's debt bonds of 1864?
Who ends up being the only winner? The Federal Reserve System stockholders. They control the circulation
amounts of paper money in the U.S. Combine that with the new scanner to stop large amounts from entering
into the U.S., and the scenario amounts to a planned shortage of paper FRS notes, the banning of the older
FRB notes, and the soon to be astronomical price of gold which most Americans will be forbidden to have or
hoard, once again. The facts we've presented in this report all point to this.
People will be at the mercy of the federal government for daily food and for jobs.
Checks are soon to be totally phased out.
Banks issue ATM debit cards and tell you they must charge more for your account if you use a real live human
teller instead of the machine. The switch is being turned on. This is not speculation. This is the truth of reality.
It's already been tested, and their new system works. Just ask Jim McNeff of the DTC.
If you purchase any stock or bond through a broker, it is being held for you under a "street name" by the DTC
unless you have specifically requested to hold the certificate yourself. If you have a book entry stock or bond,
you won't be issued a certificate. It's important to note that you have purchased that particular stock
or bond without becoming a registered holder of the actual stock or bond certificate.
Instead, you have become a beneficial owner. The difference between the two is like night and day.
Take the time to absorb and understand the following definitions:
REGISTERED HOLDER- A Registered Holder literally possesses, owns, and holds, his stock or bond with
his name appearing on the face of the certificate. The company that issued the certificate has registered the
owner's (holder's) name on their official books. This is the safest way to own a paper asset.
You literally possess the fully registered certificate and only you can transfer or sell it.
By all Rights and definition of law, you are the owner. You have it, you hold it, you possess it,
and you keep it.
You have the complete control over it.
BENEFICIAL OWNER- A Beneficial Owner is nothing more than a beneficiary, One who is entitled
to the benefit of a contract - A Dictionary of Law, 1893.
All book-entry stocks and bonds you purchase make you the beneficial owner, not the registered holder.
The owner of a book-entry stock or bond is the entity or name that it is registered under.
The DTC owns that bond or stock, not you. Rather than in your name, it's registered
(as the legal Registered Owner or agent) in their street name , Cede & Company.
(In the past, it may have been registered in your broker's street name, but this is no longer allowed).
The DTC is the Registered Owner , the actual holder of your stock or bond.
The DTC is the LEGAL property-holder, share-holder, stock-holder, owner and purchaser.
Your name appears nowhere on the book entry or certificate as the actual owner. Instead, you have been
designated by the legal registered owner, the DTC, as MERELY the Beneficial Owner.
This means that your lawful Rights in that stock or bond are confined to that of a successor or heir.
At the University of Utah College of Law, we found the following examination question about Cede & Co.:
The common stock of LargeCo, Inc. is publicly traded on the New York Stock Exchange.
Over 2/3rds of the shares are registered on LargeCo's books in the name of Cede & Co.
Cede is a depository company which holds the shares as nominee on behalf of brokerage firms,
mutual funds and other active traders. The brokerage firms in turn are also nominees with respect to
some of the shares, which they hold on behalf of their customers.
Nominees, such as Cede and brokerage firms holding for customers, view the customer as the beneficial
owner of the shares and consider the customer to be the one with the right to vote the shares; mutual funds,
however, view the fund as the owner of the shares it holds and vote the shares themselves.
Have you made the connection yet? Your book-entry stocks and bonds and all stock and bond certificates
purchased through your broker and held by them under your brokerage account are owned by
CEDE & COMPANY (the DTC) as the registered owner. You have surrendered, assigned and granted
ownership to someone else other than yourself. Their name says it all.
How ironic and sarcastic can they be?
A greater consideration is just exactly who does the DTC hold these securities for?
As the owner, who has the DTC pledged these securities to?
Our research points to the Federal Reserve System, an international private banking cartel with major offices found in Moscow, London, Tokyo, and Peking.
By treaty with the United Nations and in compliance with the Bretton Woods Agreement, the DTC under regulation of the Federal Reserve System has
pledged all those stocks and bonds to the International Monetary Fund (IMF).
These are the same paper securities found in your IRA and pension fund accounts, as well as
in your brokerage account.
Remember, you don't own them you're just a beneficiary.
The truth is, the securities you purchased and paid for with your hard earned money is collateral for the
United Nations which is backed by the Federal Reserve System and it's associated agencies,
such as the International Monetary Fund.
Is it any wonder that the UN can operate year after year with increasing budgets, but without sufficient funds?
The UN has nearly $19 Trillion of backing and reserves, thanks to millions of duped Americans.
We are financing the New World Dis-Order with our stocks and bonds.
If people had any idea that they have relinquished the lawful ownership of their stocks and bonds to
someone or something else, there would be a revolution.
[I DOUBT THAT, BUT WE CAN DREAM.]
Here is a DTCC website with them stating they have done 1.6 quadrillion of trades in 2010
From the link above:
DTCC's depository provides custody and asset servicing for more than 3.6 million securities issues
from the United States and 121 other countries and territories, valued at US$36.5 trillion.
In 2010, DTCC settled nearly US$1.66 quadrillion in securities transactions.
Imagine $1.66 QUADRILLION company and they say that Apple is the largest company?
Seems the media is somehow ignoring a company that does 1.66 QUADRILLION in business.
Now what does the website say about WHO owns this little known company that does Quadrillions in
business?
The Warehouse Trust Company LLC is a subsidiary of DTCC Deriv/SERV LLC. The Warehouse Trust
is regulated as a member of the U.S. Federal Reserve System, and as a limited purpose trust company
by the New York State Banking Department. It operates DTCC's Trade Information Warehouse,
which provides the market's first and only comprehensive trade database and centralized electronic
infrastructure for post-trade processing of OTC credit derivatives contracts over their life cycles, from
confirmation through to final settlement.
Oh, now lets see WHO is on the board of Directors <http://dtcc.com/about/governance/board.php>
for this hidden $Quadrillion company?
Of course from the above link, you would never guess the Board of Directors are all people from
Wall Street: Goldman Sachs, JP Morgan, Merrill Lynch, Deutsche Bank, Wells Fargo, Federal
Reserve and a host of others.
Here is what they say they do:http://web.archive.org/web/20130115104212/http://dtcc.com/about/history/
Wall Street's "Paperwork Crisis"
With the New York Stock Exchange (NYSE) handling 10 to 12 million shares daily, brokers were literally
buried in paperwork, and concern about risk was growing in Congress, the Securities and Exchange
Commission, and elsewhere. The crisis became so severe that, in order to help reduce the backlog,
the exchanges closed every Wednesday, shortened trading hours on the other days, and extended
settlement to T+5 from T+4. Eventually the industry developed two separate and distinct approaches
to solve the paperwork problem.
1. One Solution: Immobilization
The first solution was to immobilize physical stock certificates by maintaining them in a central
location or depository, and to record changes of ownership using "book-entry" accounting methods
where no certificates actually change hands. Initially, this was done by the NYSE and its Central
Certificate Service. That led to the creation of DTCC's depository subsidiary in 1973.
2.Another Solution: Netting
The second approach to solving the paperwork crisis involved a
concept called multilateral netting. If one broker does 100 trades in
IBM, both buying and selling at different prices with a variety of
different brokers, there are few opportunities for netting. By
interposing a central organization as the counter-party to all trades,
all that broker's trades in IBM can settle to one net position, and all
money for trades in all securities can settle to a single dollar figure
owed to or from the central counter-party. Today, with net money settlement, only a single money transfer is required, reducing the dollar amount of financial obligations by as much as 98%.
YOU CAN "FOLLOW THE MONEY" FOR YOURSELVES, SEE THAT THIS IS JUST FACTS.
DO YOUR OWN RESEARCH, SEE THINGS FIRSTHAND.
OH, BTW, DID YOU KNOW....
According to Executive Order 12803, signed by George H.W. Bush in 1992,
The District Of Columbia – Washington D.C. (neither a state nor a part
of the United States) was given the authority to privatize most or all
of the infrastructure within the United States. This means that the
federal government, or the corporation that acts in lieu of a federal
government, can sell any city’s “assets” which were built with tax-payer
monies
E.O. 12803 names this authority in its destructive pages as “Infrastructure Privatization” and
states that this power allows for the “…disposition
or transfer of an infrastructure “asset” such as by sale or by
long-term lease from a State or local government to a private party.“
America’s infrastructure has now been available for sale to foreign nations for 22 years.
Private prisons are plentiful in AMERICA, INC, many owned by the Halliburton subsidiary
Kellogg, Brown and Root (KBR).
Old Dick Cheney, FORMER (& CURRENT?) OWNER OF HALIBURTON STOCK AND ALSO ONE OF
ITS HIGHEST OFFICIALS must be so proud of his legacy of the privatized prison labor business.
WHO MADE A REAL KILLING IN THE MIDDLE EAST GARNERING FEDERAL CONTRACTS?
HALIBURTON!
WHO GOT CAUGHT LITERALLY POISONING OUR TROOPS' DRINKING WATER IN IRAQ?
HALIBURTON!
ONE LINK IN A CHAIN OF BONDAGE ALWAYS LEADS TO ANOTHER LINK.
I WILL LEAVE THIS AS IT LAYS, FOR NOW, AND LET YOU ABSORB THE MEANING OF IT ALL,
BUT WILL ADD TO THIS INFORMATION AT A LATER TIME.
WHAT IT AMOUNTS TO IS THAT EVERYTHING, FROM OUR HOME OWNERSHIP, WHETHER
OR NOT WE OWN THE CARS WE DRIVE, THE FACT THAT WE DO NOT CONTROL OUR
"STOCKS AND BONDS", THE WORTLESSNESS OF OUR AMERICAN CURRENCY, ALL OF THIS,
ALL OUR FINANCIAL "WELL-BEING" IS ACCOMPLISHED BY SMOKE AND MIRRORS, IS A
VAST, GLOBAL CHARADE, IS A MYTH, AND WE HAVE HAD THE WOOL PULLED OVER OUR
LITTLE SHEEPLE MINDS BY THE ONES WHO, AS IT TURNS OUT, OWNS US ALL.
WHEN THE FEDERAL RESERVE WAS CREATED, WE SAW THE RISE OF THE MONSTER THAT
CONTROLS US ALL.
THE DTC/DTCC IS THE FED, THE FED IS CONTROLLED BY A HANDFUL OF OLD NAMES, AND
WE, THE PEOPLE, ARE SCREWED.
ABOUT HOME OWNERSHIP...EVEN IF YOU PAY OFF YOUR HOME, PAY YOUR MORTGAGE,
IF YOU FAIL TO PAY YOUR TAXES, YOU WILL FIND OUT VERY QUICKLY WHO REALLY OWNS
THAT HOME!
MEANWHILE, THINK ABOUT THIS:
The reality today is that Americans actually own less of their houses
and land than ever. For the first time in modern history, the total
value of all residential mortgage debt far surpasses the total value of
all home equity in the United States….
So what does that mean?
It means that the banks have a much greater “ownership” interest in our homes and our land than we do.
If you are still making payments on that car, you don’t own it.The financing company does.
You don’t have the title do you?
Well, if you have totally paid the car off you do.
So do you “own” the car at that point?
Can you do whatever you want to with it?
Well, no.
In order to operate that car, you are going to have to pay the license fee, the registration fee,
the emissions inspection fee, the property taxes (if that applies in your area), the tire taxes
and the gas taxes.
Once you have paid all of those taxes, then you can drive where the government
allows you to drive and only under the rules that the government sets for you.
If you lose your job or you find yourself with huge medical bills that you can’t pay you
could very well end up in bankruptcy.
If you do end up bankrupt, you are not going to be able to keep the vast majority
of your stuff.
NOW DO YOU SEE THINGS A BIT MORE CLEARLY?
WE HAVE A "SHADOWLAND", NOT A "FREE REPUBLIC", AND WE NEVER
REALLY OWN ANYTHING BECAUSE THOSE WHO CONTROL THE ECONOMY,
"COMMERCE", ALSO CONTROL US AND ALL GOVERNMENT.
MONEY, OF AMY WORTH WHATSOEVER, DOES NOT REALLY EXIST...IT IS ALL "ELECTRONIC",
ALL "ON PAPER", AND THE PAPER AND THE INK HAVE VIRTUALLY DISAPPEARED.
WHAT WE ARE LEFT WITH IS AN ELECTRONIC "TRAIL" THAT LEADS US IN CIRCLES.
FREEDOM, OWNERSHIP OF PROPERTY, THE RIGHT TO FREELY TRAVEL WITHOUT BEING
"LICENSED", AND, WHEN YOU BOIL IT ALL DOWN, ANY IDEA WE HAVE HAD THAT WE ARE
SOVEREIGN CITIZENS WITH RIGHTS AND LIBERTY ARE ALL A MYTH, A LIE, JUST AS THE
WORTH OF THE AMERICAN DOLLAR, AN AMERICAN STOCK OR BOND IS A LIE.
“Some people think that the Federal Reserve Banks are United States Government institutions. They are private monopolies which prey upon the people of these United States for the benefit of themselves and their foreign customers; foreign and domestic speculators and swindlers; and rich and predatory money lenders.”– The Honorable Louis McFadden, Chairman of the House Banking and Currency Committee in the 1930s
Charles A. Lindbergh, Sr. WARNED IN 1913 “When the President signs this bill, the invisible government of the monetary power will be legalized….the worst legislative crime of the ages is perpetrated by this banking and currency bill.”
While the Fed’s Washington-based Board of Governors is a federal agency
subject to the Freedom of Information Act and other government rules, the
New York Fed and other regional banks maintain they are separate
institutions, owned by their member banks, and not subject to federal
restrictions.
"When an honest man, honestly mistaken, comes face-to-face with undeniable and irrefutable truth,
he is faced with one of two choices, he must either cease being mistaken or cease being honest."
- Amicus Solo
SEE ALSO:
http://www.globalresearch.ca/who-owns-the-federal-reserve/10489
http://whistleblowers.freehosting.net/federal_power.htm
http://www.save-a-patriot.org/files/view/whofed.html
THE ABOVE IS A CHART AND YOU WILL DO WELL TO STUDY IT AS YOU THINK ON THIS AND DO YOUR OWN RESEARCH.
Here’s a look into who was involved in setting up the Federal Reserve in 1913.
* Rothschild Banks of London and Berlin* Lazard Brothers Bank of Paris
* Israel Moses Sieff Banks of Italy
* Warburg Bank of Hamburg, Germany and Amsterdam
* Kuhn Loeb Bank of New York
* Lehman Brothers Bank of New York
* Goldman Sachs Bank of New York
* Chase Manhattan Bank of New York (Controlled By the Rockefeller Family Tree)
[POSTSCRIPT: Watch all the videos of "Dark Side of the Looking Glass" inform yourself to truths that simplify the truth? - made back in 2006 concerning the DTCC]
http://youtu.be/gpWzOjB8qtU
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