Traficant:
US is Bankrupt-Congressional Cover Up
When you have finished examining what is furnished to you
here, you will know WHY James Traficant was "convicted" and sentenced
to eight years in federal prison. HE WILL NEVER EMERGE ALIVE because he KNOWS
TOO MUCH AND TRIED TO TELL THE AMERICAN PEOPLE.
He spoke on the House Floor on March 17, 1993, and I heard part of the speech
on C-SPAN. It was interrupted and no reason was given; C-SPAN went directly to
coverage of another event. More than a year later, I was able to get a copy of
the speech he gave and submitted for the Congressional Record, and my son
downloaded it to his hard drive at the time. I have had hard copies of that for
several years, but did not have it in MY computer.
Today, I had a need to give a copy to an acquaintance and, now that I am
"computer literate," I went to Thomas (the Congressional Computer
Program) intending to copy and print it out rather than dig out my copies. When
I read what is in the Congressional Record NOW, I immediately knew it was NOT
what Traficant said that day. I dug out my hard copies and have taken the time
to type Traficant's words for you exactly as they were spoken to a nearly empty
chamber.
United States Congressional Record, March 17, 1993 Vol. 33, Page H-1302 and
H-1303, Resolution of the Budget AS IT IS NOW REFLECTED IN THE OFFICIAL RECORD.
http://thomas.loc.gov/cgi-bin/query/D?r103:30:./temp/~r1035EGAp...Scroll
down to page H-1303 and read the words of James Traficant Jr. AS THEY NOW
APPEAR IN THE RECORD, then below read the way it was originally
read into the record, and the way it appeared when I downloaded it in 1994.
Here is what the record reflected in 1994; WHEN it was changed, I do not know:
Mark Gregory Koernke
Friday, August 09, 2002 11:55 PM
Speaker: Representative James Traficant, Jr. (Ohio) addressing the House:
"Mr. Speaker, we are here now in Chapter 11. Members of Congress are
official trustees presiding over the greatest reorganization 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."
Mark Koernke might also be called a POLITICAL PRISONER. You may write to him
at this address:
Mark Gregory Koernke 295350
Chippewa Correctional Facility
4269 West M-80
Kincheloe, Michigan
49784