U.S. Government In Debt To Itself


In a rare show of slightly skewed honesty, the folks at CNBC came out with a report today highlighting the United States’ debt and who actually owns that debt.

Link: http://finance.yahoo.com/news/biggest-holders-of-us-gov-t-debt.html\

Though written in the guise of their typical “10 Best Cities To Get A Job” or “10 Most Beautiful Beaches In The World” format, finally a little bit of truth is coming out of the mainstream about government finance!

Today’s episode: “The 10 Biggest Holders Of  U.S. Debt”.

Listed as the #1 holder of government debt, just as Walter Burien of CAFR1.com has been proclaiming for 20 years… The U.S. Government! Here listed as:

1. Federal Reserve and Intragovernmental Holdings

Total U.S. debt holdings: $6.328 trillion

(From the article)

“That’s right, the biggest single holder of U.S. government debt is the Federal Reserve system. The Fed’s system of banks and other U.S. intragovernmental holdings accounted for a stunning $6.328 trillion in U.S. Treasury debt in Spetember 2011 (the most recent number available). The amount is an all-time high as the Federal Reserve continues to expand its balance sheet, partially to purchase U.S. government debt securities.

“About a decade ago, the total government holdings were “only” $2.5 trillion.”

So, the U.S. Government is in debt primarily to… itself?

Hmmm. As Mr. Burien has been trying to bring forward into the comprehension of the American and international people for many years, this is the sobering truth. And as many people are just begining to wake up to Walter Burien’s tireless work on exposing the Comprehensive Annual Financial Report (CAFR) system of general accounting for all corporations, including the over 230,000 individual governments listed within the April 1, 2000 government census report, this fact is quite verifiable – as the CAFR is the audit of government.

But wait, can a government really be in debt to itself?

Well, can you? Can you tell the IRS, for instance, that you borrowed money from your checking account and placed it into your savings account and therefore have no money available to pay the IRS because your checking account balance is at a negative balance because you owe your savings account money from your checking account (while gaining interest on that savings account in the mean time)?

No, you can’t…

But the question is, can government be in debt to itself?

Of course it can. For government makes its own rules. That’s the golden rule after all… He who holds the gold, makes the rules. And in this case, those who make the rules certainly hold most of the gold.

In fact, as shown in the 2010 CAFR for the Federal Reserve (fiscal year ending December 31, 2009), over $47 billion dollars was collected from the American people that year, every cent of which was placed into the accounts of the United States Treasury. And over the life of the Federal Reserve, over $687.6 billion dollars has been paid by the Federal Reserve to the U.S. Treasury in the form of “Interest On Federal Reserve Notes”. And would you have ever guessed that the U.S. Treasury is holding over 261 million troy ounces of gold – which is listed as “collateral” for Federal Reserve Notes in the Federal reserve CAFR?

You can only find this type of information in the audit of government – the Comprehensive Annual Financial Report.

I mention this mostly to dispel the popular fallacy that the Federal Reserve is somehow an autonomous agency without any ties to the Federal Government. This simply is not true. It is federal law that all government agencies file a CAFR each year, of which the Federal Reserve has been filing since this laws’ inception. The Audit of the Federal Reserve System can be found here:

Audit (CAFR) of the Federal Reserve Board Of Governors – Link: http://www.federalreserve.gov/publications/annual-report/default.htm

Audit (CAFR) of each individual Federal Reserve Branch Bank – Link: http://www.federalreserve.gov/monetarypolicy/bst_fedfinancials.htm

The term intragovernmental is a term used to describe the investment fund structure of all of these over 230,000 government municipal corporation (city/county), state, and federal corporate governments. As a standard of practice, these local, county, and district governments place their taxpayer money into what is called the State Treasurer’s Investment Funds (commingled funds), which are generally managed by the State Treasurer as trustee of those funds. The average daily balance of those funds is then invested into the bonded indebtedness of the United States governmental structure, called the U.S. Debt. These funds generally invest into such things as Federal securities, commercial paper, national/international banking institutions, municipal and federal bonds and warrants, and other forms of indebtedness, gaining interest and dividends from those investments. States hold these funds with the permission of Federal US CODE. And one government makes a profit from another government via interest payments on these bonds – which is paid via taxation on the people.

For more information on these state “commingled funds”, please see my video here explaining the over $64 billion California State Treasurers Investment Fund:

And of course, it is perfectly legal to write off the majority of this debt at any time the government sees fit, according to US CODE which houses the amended FEDERAL RESERVE ACT.

Also, we can’t forget the humongous $2.6 trillion Social Security Trust Fund investments into this U.S. debt either.

See more on the Social Security Trust Funds here:

Link: https://realitybloger.wordpress.com/2012/01/27/social-security-trust-fund-tops-2-6-trillion/

But let’s take a look at some of the other holders of U.S. debt…

3. Other Investors/Savings Bonds

U.S. debt holdings $1.107 trillion

(From the article)

“With the most recent numbers from June 2011, this extremely diverse group includes individuals, government-sponsored enterprises, brokers and dealers, bank personal trusts, estates, savings bonds, corporate and noncorporate businesses for a total of $1.107 trillion.

“Although the level of debt held in U.S. savings bonds has remained basically constant since 2000, the broad category of “other” investors has nearly quadrupled since reaching a four-year low in December 2007.”

Note here that this group includes “government -sponsored enterprises”. Of course, this report doesn’t tell you that the vast majority of investment wealth that sits in these other funds like “individuals (corporate persons), brokers and dealers, bank personal trusts, and corporate and noncorporate businesses” is funded by government taxpayer money.

And the corporations/businesses that are listed here, when we understand that collectively the over 230,000 governments hold together majority stock ownership in all major corporations in the world through pension and other trust fund investment and are the main investors in savings bonds and other debt, this “category” is a very deceiving look into who actually holds and more importantly controls these savings bonds and investors through “corporate governance”.

5. Pension Funds

U.S. debt holdings: $842.2 billion

(From the article)

“Pension funds control large amounts of money, reserved for personal retirements, and thus are obligated to make relatively safe investments. This group, which includes private and local government pension funds, holds $842.2 billion in U.S. debt. The private pension fund category also includes U.S. Treasury securities held by the Federal Employees Retirement System Thrift Savings Plan G Fund.”

And so here again, because pension funds are mostly government controlled, and because the private/publicly traded corporations that have pension funds are held by government stock investment as their majority stake holders and vote through proxy shareholder voting rights on all that happens within these “private” and “public” corporations, government once again is in reality the holder of its own debt.

See “The Great Pension Fund Hoax” for a complete breakdown of the pension fund system, here:

6. Mutual Funds

U.S. debt holdings: $653.5 billion

(From the article)

“According to the Federal Reserve, mutual funds hold the sixth-largest amount of U.S. debt compared to any other group, although mutual fund holdings have diminished by more than $105 billion since December 2008. Including money market funds, mutual funds and closed-end funds, this group of investments managed about $653.5 billion in U.S. Treasury securities as of June 2011, which are the most recent numbers available.”

And here again, as with U.S. Savings Bonds, we find that the main holder of investments in mutual funds is indeed the government pension fund system listed above. Funds like Blackrock, Vanguard, and State  Street Corporation are always in the top holdings of government, especially in the pension system. (See: The Great Pension Fund Hoax for sources).

7. State and Local Governments

U.S. debt holdings: $484.4 billion

(From the article)

“U.S. state and local governments have nearly a half-trillion dollars invested in American debt, according to the Federal Reserve. The level of investment has remained stable since 2006, moving within the range of $484 billion and $576 billion. The current debt holdings, however, represent the lowest aggregate level for state and local governments since December 2005, when they stood at $481.4 billion.”

To reenforce the fact that government is the main share holders of U.S. Debt securities, CNBC lists State and Local governments to the list. Again, through the commingled funds discussed earlier and as listed within all of the CAFR reports of local and state governments, we see that these government/municipal corporations are indeed the holder of vast amounts of public debt.

And remember, government charges the taxpayers with the responsibility for this debt, while it uses that wealth to purchase everything in sight! So government is in truth collecting interest and capital gains (tax free, of course) as well as dividends on the money that it borrows… from itself!!! The people pay their taxes in order to pay this interest, which is in reality a “profit” for the so-called “non-profit” government. It’s really a win-win situation for government investment funds.

9. Depository Institutions

U.S. debt holdings: $284.5 billion

(From the article)

“As of June 2011 (the most recent numbers available), the Federal Reserve Board of Governors lists depository institutions as holding about $284.5 billion in U.S. debt.

“This group includes commercial banks, savings banks and credit unions. In 2011, its holdings more than tripled from the 2008 low of $105 billion. Between June and September 2011, holdings for depository institutions fell by nearly $44 billion.”

10. Insurance Companies

U.S. debt holdings: $250.1 billion

(From the article)

“According to the Federal Reserve Board of Governors, insurance companies hold $250.1 billion in Treasury securities. This group includes property-casualty and life insurance firms.”

Once again CNBC reports that – according to the Federal Reserve System – banks, financial institutions and insurance companies are a large shareholder of U.S. government debt instruments and securities.

But once again we must realize that the main stockholder of these publicly traded banks and insurance corporations is in fact government itself, through its pension fund and other trust and investment funds.

For example, as of March 31, 2010, just the “New York State And Local Retirement System” pension fund held the following shares in banks and investment corporations:

Company                                      Shares of Stock           Market Value

Morgan Stanley                              4,301,770                   97,951,303
Goldman Sachs Group Inc/The   1,961,585                207,967,242
Goldman Sachs Ssga Em Mrkts  8,934,287                102,501,423
Wells Fargo & Company             16,257,120                 231,501,389
Bank of America Corp                 23,819,237                 162,447,196
Citigroup Inc                                 18,601,505                  47,061,808
Citigroup Inc Depository Shares    199,368                    3,046,343
American Express Company       4,249,664                  57,922,920
American Financial Group Inc       492,854                    7,910,307
Visa Inc – Class A                              390,400                 21,706,240
Mastercard Inc – Class A                 306,830                 51,387,888
Zions BanCorp                                   558,029                   5,485,425
Fifth Third Bancorp                       2,678,672                    7,821,722
Fannie Mae                                             6,000                           4,200
Freddie Mac                                            6,100                            4,636
Hartford Financ Serv Grp Inc      1,099,070                   8,627,700
Hudson City Bancorp Inc             2,946,851                 34,448,688
Western Union Company             2,656,147                  33,387,768
Siemens AG                                         757,252                  43,473,647
Experian Group Ltd                        1,034,174                    6,474,091
Equifax Inc                                           626,161                  15,309,636
Equinix Inc                                             13,800                       774,870
State Street Corp                             1,867,120                  57,469,954
People’s United Financial Inc      1,234,207                  22,178,700
Fidelity Nat Financial Inc – Cls A  839,867                  16,385,805
Fidelity Nat Info Services Inc          657,748                   11,971,014
Westpac Banking Corp                     298,305                   3,956,638
Axis Bank Ltd                                      191,458                     1,565,891
Discover Financial Services          1,874,548                  11,828,398
Softbank Corp                                 3,664,300                 46,596,748
Solera Holdings Inc                           556,652                  13,793,837
Signature Bank                                   210,333                    5,937,701
HSBC Holdings plc                        8,349,382                  47,271,967
HSBC Holdings plc                        1,389,200                    7,645,081
HSBC Holdings plc – Rights            893,766                   1,806,322
Royal Bank of Canada                       169,300                   4,949,214
Royal Bank of Scotland                 6,330,271                   2,223,006
Royal Bank of Scotland, Rights   6,427,941                                 -0-
Allied Irish Banks                            1,216,447                      969,046
National Australia Bank                1,406,252                 19,638,984
Aust & New Zealand Bank Group   701,045                    7,671,606
Commonwealth Bank of Australia    19,794                       477,637
National Bank of Canada                  161,300                    5,161,497
National Bank of Greece                  102,386                     1,551,051
Deutsche Bank AG – ADR                    9,800                      398,370
Deutsche Bank AG – Registered     654,969                26,888,105
Credit Suisse Group                        1,174,244                 35,793,762
Credit Suisse Group – Spons ADR         300                           9,147
Bank Montreal Quebec                     428,291                  11,230,235
Bank Mutual Corp                               94,860                       859,432
Bank of Baroda                                   542,734                   2,506,942
Bank of Communications             1,376,000                       955,210
Bank of Cyprus Ltd                              51,909                        157,826
Bank of East Asia                           2,605,019                    5,028,527
Bank of Hawaii Corp                         192,499                    6,348,617
Bank of India                                      934,270                   4,040,186
Bank of New York Mellon Corp  4,420,585                124,881,526
Credit Agricole S.A.                            311,625                    3,439,044
Credit Saison Company                       14,918                        144,241
Bank of Nova Scotia                          149,900                     3,701,779
First Bancorp Puerto Rico                143,010                       609,223
Bank Yokohama Ltd Japan Ord     903,100                    3,821,968
Hiroshima Bank Ltd/The                   13,000                         49,357
Bank of Kyoto Ltd/The                       73,000                       614,924
Osaka Gas Company Ltd               2,035,146                   6,346,309
Bank of China Ltd – H                   8,527,000                   2,827,663
Ind Comm Bank of China Ltd      4,464,000                   2,321,280
China Citic Bank – H                        484,000                       182,983
China Construction Bank – H      4,331,000                   2,458,890
China Merchants Bank – H             283,000                      494,428
Shizuoka Bank                                    183,000                    1,637,866
Shinsei Bank Ltd                             1,450,154                     1,453,531
Chiba Bank                                          176,500                       866,685
Cheung Kong (Holdings)              3,376,000                  29,077,161
Hang Seng Bank Ltd                         328,500                    3,308,313
Hanmi Financial Corp                        55,300                           71,890
Mitsubishi UFJ Financial Grp     6,409,847                 30,890,829
Mitsubishi UFJ Lease & Fin Co Ltd    1,600                          33,370
Bangkok Bank                                    554,400                      1,172,424
Bangkok Bank Public Co Ltd          446,200                         937,316
Siam Comm Bank Public Co Ltd    376,900                         579,192
Malayan Banking Berhad                802,525                         849,745
Malayan Banking Berhad – Rights  361,136                                 -0-
Blackrock Inc                                           7,135                         927,835
Blackstone Group Lp/The             1,289,215                     9,346,809
Zurich Financial Services                      9,387                     1,486,829
Aetna Inc                                           1,881,924                   45,787,211
Cincinnati Financial Corp                 736,150                   16,835,751
First American Corp                           496,770                  13,169,373
First Bancorp Puerto Rico                 143,010                       609,223
First Cash Financial Services Inc      48,800                       728,096
First Commonwealth Finan Corp   394,940                     3,503,118
First Financial – 144A GDR                 48,113                       444,083
First Financial Bancorp                        62,100                       591,813
First Financial Bankshares Inc           54,475                    2,624,061
First Financial Holding Company   978,455                        451,546
First Financial Holdings Inc               23,950                       183,218
First Horizon National Corp              766,191                  8,228,888
First Mercury Financial Corp            213,900                  3,088,716
First Midwest Bancorp Inc                280,825                   2,412,287
First Niagara Financial Group Inc   414,400                   4,516,960
First Potomac Realty Trust                  75,284                      553,337
First Quantum Minerals Ltd                 6,400                      180,583
First Solar Inc                                        39,400                   5,228,380
Discover Financial Services            1,874,548                 11,828,398

–For a closer look at this fund, go here:

Link: https://realitybloger.wordpress.com/2011/05/06/why/

And this is just one single pension fund! There are thousands of these investment funds out there, all controlled and used collectively to control the financial markets of the world.

Do you still believe that government is a non-profit public entity, or are you starting to understand that government is in fact organized crime to the extreme?

And that leads us to the other listed holders of United States debt.

Here, CNBC lists its most deceiving holder of debt:

2. China

U.S. debt holdings: $1.132 trillion

(From the article)

The largest foreign holder of U.S. Treasury securities, China currently has $1.132 trillion in American debt, although it is down from all time highs of $1.173 trillion in July 2011…

4. Japan

U.S. debt holdings: $1.038 trillion

(From the article)

“One of the U.S.’s largest trade partners, Japan is also one of the U.S.’s largest debt holders, currently owning $1.038 trillion in Treasury securities.”

Now, the biggest and most often portrayed fallacy in the mainstream media is that China holds U.S. Debt. But is this a true statement?

The answer to this question must be obtained by first asking a different question…

When CNBC refers to the abstract name of “China” as the 2nd largest holder of U.S. debt, is it referring to the government of China or to the geographical location of China? Ah… this is a very clever trick used to fool taxpayers into thinking that the country and government of China holds American debt. But here is the reality of the situation:

Over many years, American corporations (majority held by government investment in their stock) have been moving to China and setting up their manufacturing and investment corporations in that country, with the absolute permission of the Chinese government. With this build-up came trillions of dollars of investment capital from the U.S. government, building up China’s infrastructure to that of a 1st world country. Walter Burien has recently estimated those investments to be over $14 trillion in value, meaning that the well-being of China’s global corporate manufacturing base is solely dependent on American and European investment capital.

In short, China houses American corporations, which sell their product back to America. And without the pollution, health, and employment protections and regulations that are imposed upon these American corporations while operating in America, they are able to pay pennies to the Chinese workers and pollute the country with very few regulatory infringements.

If China were to suddenly threaten the United States in any way, American corporations would pull out of China to sufficiently destroy the economic prosperity that American corporations have allowed. In short, these $14 trillion in investments into China’s infrastructure and marketplace makes China all but a colony of the American/European military and industrial manufacturing complex. And the thought of “China” doing anything to change this, including demanding what little U.S. debt it might actually own, is patently ridiculous.

The U.S. debt that is listed here as held by “China” is held by the investment structure that has been built up by American interests.

So who owns the corporations that are taking on American debt securities in these two countries?

Let’s go back to the New York Pension Fund and see what is happening here:

Company                                      Shares of Stock           Market Value

Banks and Investments

Bank Yokohama Ltd Japan Ord     903,100                    3,821,968
Hiroshima Bank Ltd/The                   13,000                         49,357
Bank of Kyoto Ltd/The                       73,000                       614,924
Osaka Gas Company Ltd               2,035,146                   6,346,309
Bank of China Ltd – H                   8,527,000                   2,827,663
Ind Comm Bank of China Ltd      4,464,000                   2,321,280
China Citic Bank – H                        484,000                       182,983
China Construction Bank – H      4,331,000                   2,458,890
China Merchants Bank – H             283,000                      494,428
Shizuoka Bank                                    183,000                    1,637,866
Shinsei Bank Ltd                             1,450,154                     1,453,531
Chiba Bank                                          176,500                       866,685
Cheung Kong (Holdings)              3,376,000                  29,077,161
Hang Seng Bank Ltd                         328,500                    3,308,313
Hanmi Financial Corp                        55,300                           71,890
Mitsubishi UFJ Financial Grp     6,409,847                 30,890,829

Oil/Electic

Tokyo Electric Power Company         359,150                    8,945,115
Tokyo Electron Ltd                               363,650                  13,401,701
Tokyo Gas Company                         2,375,746                    8,298,394
China Petroleum Chemical             3,982,000                   2,548,480
China Power Int Dvlp Ltd               6,012,000                     1,194,643
China Coal Energy Company             416,000                       307,035
China Oilfield Services                        212,000                        167,685
China Shenhua Energy Co                  341,000                       768,240
Chiyoda Chemical Engineering         935,400                    4,962,535
Chubu Electric Power Co Inc              241,917                     5,314,973
Shanghai Electric Grp Co Ltd      12,052,000                    3,467,866
Shinsei Bank Ltd                               1,450,154                      1,453,531
Nissan Chemical Industries Ltd          41,500                        344,958
China Coal Energy Company – H     416,000                        307,035
Hong Kong & China Gas Co Ltd    5,485,330                     8,649,127
Hong Kong Electric Holds Ltd      3,200,500                   18,996,516
Mitsubishi Electric Corp                 3,036,548                   13,557,939
Mitsubishi Gas Chemical CO Inc          4,000                          17,009

Automobiles

Toyota Motor Company                  1,764,412                    55,735,197
Toyota Industries Corp                       177,163                      3,757,786
Toyota Tsusho Corp                           143,200                       1,371,542
Honda Motor – ADR                         188,000                     4,455,600
Honda Motor Company                 1,297,926                    30,421,167
Mazda Motor Corp                             715,000                       1,187,203
Nissan Motors Japanese Ord       4,282,864                     15,176,697
Mitsubishi Corp                                  859,769                     11,185,615
Mitsubishi Motors Corp                    271,000                         342,969
Hyundai Motor Company Ltd           30,860                      1,238,193
Yamaha Corp                                         42,813                         414,823
Yamaha Motor Company Ltd          184,000                     1,630,050

Telecom/Cellphones

Motorola Inc                                          9,547,354             40,385,307
Qwest Communications Int Inc         4,735,734              16,196,210
Vodafone Group plc – Spons ADR        109,595                1,909,145
Vodafone Group plc New                 56,080,988            98,670,972
Samsung Electronics Company Ltd          4,489               1,843,305
Ericsson LM Tele Co – Spons ADR       126,820               1,025,974
Ericsson LM Tele Co – B Shares         7,402,571            60,439,750
Nokia Oyj                                               2,005,360             23,643,146
Nokia Oyj Corp – Sponsored ADR         151,200               1,764,504

These are some of the corporations that are holding U.S. Debt. And so again, we are seeing that the U.S. government is essentially borrowing money from its own investment held corporations, nationalizing that debt onto the backs of the American people, and using the profits of the bonded indebtedness of the people not for the people, but to further government ownership and control over the world corporate structure. And then it demonizes China and assigns a false power onto its government for “holding U.S. debt”.

And the people of America eat it up, because they can never imagine that they themselves are the problem; that their ignorance of their government and their consent to it is really what’s wrong with the world. America’s creed: blame China. Blame Iran, Iraq, Afghanistan. Watch out for Russia… But just disregard our own actions.

So thanks CNBC… you almost told the truth today! Fortunately there are anomalies like Walter Burien and myself to read between the lines and translate what you fail to mention.

But then, government owns you to, so what should we expect?

Media

Walt Disney Company/The             7,975,404               144,833,337
News Corp – Class A                          7,746,798                 51,283,803
Time Warner Cable Inc                     1,476,825                 36,625,251
Time Warner Inc                               4,885,448                 94,289,152
CBS Corp – Class B                            3,518,760                 13,512,038
General Electric Company              39,551,471              399,865,372
Sony Corp                                                811,290                 16,411,435
Sony Financial Holdings Inc                         24                       63,906
Vivendi Universal                               2,414,568               63,876,002
Viacom Inc – Class B                         2,363,387                41,075,666
Discovery Commun Inc – Series A       79,244                  1,269,489
Discovery Commun Inc – Series C       78,831                   1,154,874
Marvel Entertainment Inc                    175,800                 4,667,490
Comcast Corp – Class A                   10,473,672             142,860,886
Comcast Corp – Special Class A            20,259                     260,733
DreamWorks Anim SKG Inc – A        285,700                  6,182,548
DISH Network Corp – Class A             475,200                 5,279,472
DIRECTV Group Inc/The                 2,048,939               46,695,320

.

And so in the end, of the over $15 trillion of U.S. debt that this report refers to, we can rest assured that approximately 70-80% of that debt is self-funded by the United States government, and the rest by government held investment corporations.

Oh my, how will we ever pay ourselves?

Answer: We wont.

But as long as we the people do nothing, the government will continue to raise our taxes and destroy any chance of recovery for the American people from this tyrannical corporation that we falsely call “government” and its blatant usury. And we will continue to pay the national debt plus interest simply to support the governments investment fund scheme, and continue the hostile corporate takeover of this little globe called Earth.

The government owned media will continue to tell us that this thing is “too big to fail”, as if that is a good excuse to ignore the problem and continue to justify undeclared wars and continue into a fascist global United Nations government where the rights of the individual are trumped by the rights of the collective.

The ball is in our court.

We are arriving at the point of no return.

.

–Clint Richardson (realitybloger.wordpress.com)
–Thursday, February 2nd, 2012

Leave a comment

40 Comments

  1. Kaycee Drew

     /  February 3, 2012

    Thank-you this is an excellent article, I am forwarding it to everyone I know. The explanation is the most comprehensive I have seen.
    We The People need to understand what is going on and remove our Consent to this idiocracy . May God Bless Us All.

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    • One note per the following comment in the article:

      “If China were to suddenly threaten the United States in any way, American corporations would pull out of China to sufficiently destroy the economic prosperity that American corporations have allowed. In short, these $14 trillion in investments into China’s infrastructure and marketplace makes China all but a colony of the American/European military and industrial manufacturing complex. And the thought of “China” doing anything to change this, including demanding what little U.S. debt it might actually own, is patently ridiculous.”

      Well, the point missed here is that China is an Imperialist Communist country. If push came to shove China could freeze all assets of the US invested in China.and 14 to 15 trillion is a lot of booty to freeze. Now that would not happen being that action would trigger WWIII in a heart-beat.

      What the Chinese did do though back about 2-years ago was cut off any further investment in China by US Government interests. US Government (Local and Federal) were taking over too big of a chunk of the Chinese economy)

      Those Chinese though being very smart cookies opened up the door again about eight-months ago for further US Government and US Government controlled corporations ONLY under the condition that the Chinese Government had MATCHING ownership of every venture the US Capitalization wished to participate in. 50/50 is now the mandate to invest in China…

      The almost two-trillion in US Debt China owns is virtually non-consequential in comparison to the 13-15 trillion the US owns in market capitalization within China.

      I note also that when they tally the debt held from a specific country take the following into consideration: If US interests with trillions sitting in China made a call to one of the Chinese investment fund managers holding and investing US equity in China saying: “The State of California has 45 billion in bonds coming to market next week. We want you to use our funds to pick-up that 45 billion when the offering goes out next week.”

      Now the News headlines in California read: “China invests 45-billion in CA. China takes over another piece of the US” …..

      In reality, the move was a back-door investment made by US Government investment capital held in China…

      TREASON: “Treason doth never prosper; what’s the reason? For if it prosper, none dare call it treason.” Sir John Harrington, 1561-1612

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  2. Mauricio

     /  February 3, 2012

    It’s all about human beings creating institutions to prey on other human beings.

    At both ends of ALL economic/financial transactions there are human beings who, once they have collected their rents/dividends or any other form of payment, will nourish their NEEDS (both real and perceived) and do things according to their WILL (no corporation or government wears clothes, eats food, drives a car, has sex, uses drugs…).
    ————
    Governments and corporations are intermediaries, i.e. tools/weapons used to extract energy – in varied forms – of human beings against their will.

    Some (most) people are tricked into identifying their own will with the will of their predators. This renders the victims powerless, incapable of offering resistance. Spiders do this with their webs; some other animals inject anesthetic substances into the systems of their victims. Human beings do this to other humans beings mainly through cognitive manipulation (if we didn’t have neocortexes, we would just do as the animals do). This is done by making the human victims bypass their reasoning, through the use of conditioning and the constant encouragement of idolatry (worshiping of false gods, or of gods that offer false or no guidance). Jay-Z, Beyounce, Lady Gaga, Lucifer, Mickey Mouse are examples of this.

    We all live under constant, relentless attempts of subjugation by other human beings. Physical, psychological and spiritual. Violent subjugation. War. War among human beings disguised as “civilization”.
    ——————–
    Human beings create institutions to a) defend themselves and b) to attack other human beings.

    Reality is an indivisible continuum. All categories/concepts/divisions we create for our analytical convenince and express via the use of word-symbols are illusory and serve only to disguise the only real relations that exist: relations among human beings or among humans and their environment (which is ever more created by human beings themselves). The relations among human beings can be of two types: cooperation or competition. Competition without rules – which is what we have today (we use sophisticated, unruled forms of violence, like psyops) is more aptly described as CONFLICT.
    ——————-
    There IS no “China”. There can never BE such a thing. China isn’t a living, breathing entity. Only living, breathing entities ARE. China is a political creation, a product of men’s imagination. An arbitrary division of indivisible reality. It seems “real”, but it isn’t. It is a tool. It is a weapon, to be used by humans to extract energy from other humans, be they Chinese or non-Chinese.

    The only enemies and/or friends a human being has are other living beings.

    In the case of animals, the threat to humans consists of the animals’ instinct. In the case of humans, the threat consists of their WILL.

    Once a human being (or an orgnized group of humans) has a WILL, he/it is going to need POWER (the ability to do something/anything) to achieve his goal. He/it will employ and organize the amassed POWER in the form of a STRATEGY (how to use the available POWER).

    Most human warfare strategies involve the creation of institutions, ideologies and the use of deception. This is the birthplace of corporations, banks, governments, kingdoms, empires, clans…

    All is war. At least for now.

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    • Martin

       /  February 3, 2012

      Very nice addendum to this post, Mauricio. I couldn’t really have laid it out any better myself.

      I especially enjoyed this quotation: “Some (most) people are tricked into identifying their own will with the will of their predators. This renders the victims powerless, incapable of offering resistance.”

      Reminds me of stockholm syndrome.

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      • Ditto also!

        Most from the population think when they look for the first time that: “CAFRs are a goldmine of waste, fraud and abuse.” and this is not correct in reality from the well established inside.

        The “void” and soundbites you and all others have been fed is why people commented in that way. The majority from the population would do the same.

        The reality is: CAFR accounting is a well managed collective wealth base of unequaled proportions for the inside players. It allowed for the almost complete systematic takeover of the wealth and ownership of a nation (USA) and other nations from across the globe over the last few decades right under the noses of the population, as the population was entertained into distraction off in La La land at their expense, lose of ownership, and severe personal detriment.

        TREASON: “Treason doth never prosper; what’s the reason? For if it prosper, none dare call it treason.” Sir John Harrington, 1561-1612

        The points I would suggest for everyone’s future writings are:

        1. Google using quotes is the best source for finding any city; county; school district; university; Retirement Fund; State Investment Pool; or Enterprise CAFRs. An example on the Google search line for a city would be:

        “City of Miami” Florida “Annual Financial Report” or “County of Dade” “Annual Financial Report”

        When Google is used additionally it will bring up “other” similar CAFRs that may be of interest to the searcher.

        2. I personally always like to include: “The CAFR is similar to a corporation or personal Statement of net Worth that has developed over decades if not over centuries” whereas the budget reports we have been almost exclusively fed is a 1-year projection of cost and revenue applied as a limited and selective presentation document. A budget compared to the showing in the same local government’s CAFR is pale in comparison.

        3. There are tens of thousands of local governments and their holdings, but keep in mind when the word “State” is used, people automatically think all government in the state. Their mental block there is strong and well in place. It is important to give an example as Clint shows of the holdings from “1” other county or large city in the state and then note: “Now think of the totals held from the i.e; 1554 as of 2012 “other” primary local government operations large and small “in” the state of Florida. (gives the meaning to that per person / family of four portion of the wealth held).

        Did that calculation for all local governments; government enterprise operations; and financial funds held by governments “in” NJ back in 1998 and the figure came out to $485,000 per person and a family of five = $2,425,000. I note that is not surplus, that is the value standing for each individual, man woman, and child in the state if they were an equal stock shareholder in a corporation in the normal sense. (with all local government operations being combined as one corporation). It also plants firmly when they comprehend of: “What the hell are we being taxed for?” The answer there comes quickly.. Greed and opportunity unrestrained, and the power bases being built and standing for the inside players wealth creation.

        Keep up the good work!

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    • Well said, sir!

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  3. It is with the greatest concern for my family, friends and America that I post this! No matter who you are I offer this in formation as a friend!

    America is Bankrupt and the American people are being lied to by our corrupt leaders in Government and the media!
    We have never ever been here before. Please educate your self just scroll through this and see why it is almost over for America! We are at the tipping point. If we do not change course very soon we will not be able to save this great country!
    You owe it to your self, your children and grand children to know the truth. Wishing it was not so will not make it better the only answer is to educate everyone on the facts! Then what we need to do becomes obvious.When they say to big to fail and you wonder why? It will make that clear here! We are all victims in the biggest Ponzi Scheme of all time!
    God Bless America

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    • True, the American population is being pushed into bankruptcy as they are bled dry from every angle. The wealth transfer is covertly going to our own government international investment coffers as we are all masterfully entertained and distracted with misdirection.

      Government in its collective totals is wealthier than the imagination can fathom.. World equity holdings in their collective totals establishes this as a not so pleasant to digest fact.

      TREASON: “Treason doth never prosper; what’s the reason? For if it prosper, none dare call it treason.” Sir John Harrington, 1561-1612

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      • It all boils down to two words: “Greed” and “opportunity”

        And I noted a third word: Unrestrained. For the last sixty-years the foxes have been writing the laws as to how many hens can be eaten by foxes from the hen-house. At first a few foxes and many hens.. Now many foxes and not enough hens to go around.

        So under the current circumstances of the now many foxes calling the shots, who do you think will go hungry; the foxes or the population?

        We are at war.. an economic war of massive wealth transfer taking place “unrestrained”. What wins the war for the population?

        ANS: Make the population the “First-Line Beneficiary” of the massive international investment capital held by government.

        How is this done? For that answer watch the video: The Only Game in Town – 2011

        Link: http://www.youtube.com/watch?v=bn3hUcmNDdA

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  4. Clint – what can the common people do to overcome this? It’s such a huge beast and so many of us are trapped in its grips, but only a few are aware of the fallacy of government. The occupy movement did nothing but divide the 99% into 1% ( the aware but still controlled) and 98% who have no clue! I have been wanting to fight this scheme called “government” since I was a teenager but as I become more aware I feel less confident in our collective power because so many just have no idea…what do you suggest? How do we wage war against tyranny?

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  5. I feel your pain, as I feel it all the time.

    And I’ll be honest, I don’t believe any of my readers will come to my rescue if I get hauled away. And in that statement lies the problem… for I’ll just be another political prisoner in the private corporate jail system (a legal slave) and no one is going to stand up for my rights. And soon, the debtors prisons will consume many who did not stand as well…

    As far as I see it, the only solution we as a collective people have, as well as that of individuals, is the option of non-consent. Do not consent.

    And along with that comes the brave act of Boycott. This is non-participation in the program, in the government, and in the stores that sell use governments products.

    Perhaps if people knew the actual historical story of the word, it would help:

    http://en.wikipedia.org/wiki/Boycott

    -Clint-

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  6. Ugh – my head is spinning from all those numbers …

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  7. Ryan

     /  February 8, 2012

    I’m a graduate of a great book programs (The Integral Program from Saint Mary’s College of California), a true trivium, and a recent deprogrammed-member of the next-messiah movement of Paul’s.

    I watched your CN1, 2, and 3 in a 9-10 hour binge and kept going with other videos you recommended and more. After being up straight for over 30 hours I finally crashed. It was a monumental deprogramming effort and I commend you, Sir, for your efforts.

    The interesting part that sealed it for me was:

    I posted on Glen Beck’s website linking to your videos and was immediately attacked, every supporter of every presidential candidate came out of the wood-works. I told them all I expected the ridicule and that my hope was that 1 or 2 folk of the hundreds reading would actually investigate. I did the same thing on the biggest Paul fan site, hundreds of folk there saw as well, and in the middle of the 3 state jokeus and primary grind that was last night (2-7-12)… I was ignored but one person saw and was immediately drawn to your videos – saying so publicly.

    AFTER posting to both sites, possibly 10 minutes or so later, I began to receive error codes… white pages and ‘failure to connect’ notices when trying to get on both sites. Now, trying to get on ESPN… Google… any other? Just fine of course. I jumped on some proxies and lo and behold, I was able to connect to the aforementioned error prone websites. For a period of 24 hours, I was locked out. And when I looked today on Beck’s website I saw where normally articles are posted every 6-8 hours or so, every 20 minutes or so a new article was written, burying the article I had commented on to the third page of the website. I had been censored, locked out, ridiculed and pushed down to irrelevance of “yesterday’s news” due to my disruption of the living-dead-love-fest that is the political race.

    I’ve been censored before, but never in this manner. I was shocked, then I laughed heartily for a good few minutes and found myself in a state of euphoria that has not worn out in the last couple days. I’ve deleted the facebook crap and much more: those in my life know how to reach me and I them, they are the ones who matter.

    I plan on writing my own information regarding what I think the major failing of our founding fathers was (besides not actually winning independence)… being they did not outlaw the government corporation. I don’t mind sharing this as, go ahead and take the idea, two folk are better than one when it comes to dissemination. Perhaps you’ve said this before? I haven’t checked your whole blog. But, I think that is our largest problem of all and the root from which all others grow. Thoughts?

    Again, thank you ever so much.

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    • Ryan

       /  February 9, 2012

      And on second thought… prima facie law must be outlawed as well 🙂

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      • It is, if you don’t consent. It’s kind of a catch 22, a paradox, eh?

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        • Ryan

           /  February 9, 2012

          🙂 the paradox, oh such a fun term. It is the destruction of one of the oldest self-evident principles of logic, the law of non-contradiction and its counterpart, the law of identity. Paradox makes truth, not truth. Paradox is the consequence of ill-logic, not two competing strains of logic as then logic wouldn’t mean logic, A would not equal A; the law of non-contradiction would become the law of contradiction. This is called Sophistry, not Philosophy.

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    • Thank you so much for sharing this with me.

      I have of course gone through the same thing, being censored from places I didn’t know were capable of it. And the trolls came out of the woodwork to hurl the foulest of ad hominem attacks with no point of reference or fact.

      I have had the same feeling you explain here, though little ones over periods of research where everything seems to make sense – until the next anomaly pops up. And trust me when I say that just your reaction is enough to keep me going, and your candid response is much appreciated.

      Politics is religion, based on falsely placed faith and belief. Those are two things that are very difficult to overcome.

      Take care,

      -Clint-

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      • Ryan

         /  February 9, 2012

        You are quite welcome Clint. You gave me in such a short time, what I’ve been looking for, for years. Thank you, again. Keep kicking butt and taking names.

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  8. Ryan

     /  February 9, 2012

    By the way, thank you for your vaccination video. Once you got to Squalene… I started laaaaaaughing, you see, I’ve had Rheumatoid Arthritis since I was 3 or 4 years old; right after that battery of vaccinations is complete as a child. I’ve always wondered what it was, how it could come to such a young child when it’s only supposed to be an ‘old person disease’. Thank you for THAT realization as well.

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    • Yes. I’m always sad to hear about these stories. More sad that I can’t seem to really do anything to stop good people from the Rockafeller Medical and Pharma alopathy cabal.

      Treating disease with other dis-ease…

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      • Ryan

         /  February 14, 2012

        P.S. I find liberals and independents are the most receptive to your ideas – so far.

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        • Ryan

           /  February 14, 2012

          P.P.S. I wrote an article in the dailypaul.com …

          perhaps it will help educate a couple folk, thank you for doing all the hard work unearthing what I posted.

          http://www.dailypaul.com/213977/audit-the-fed

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          • I am pleased to see others taking the initiative.

            It’s amazing how much opposition there is to simple information. Sadly, fans will be fans…

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            • Ryan

               /  February 17, 2012

              I’ve tossed your CN1 vid to Lew Rockwell (along with asking him for his thoughts), Naomi Wolf and The Red Pill Post, time will tell but, perhaps we can get more initiative behind your work.

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    • BTW… I may be able to help you with your arthritis. If interested, let me know.

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      • Ryan

         /  February 17, 2012

        Can you see the email that I’m connected to this site with? And yes, I’m very interested in medicine as a whole, any advice, always appreciated.

        I’ve learned through the functional and integrative medicine docs that I have to train my body not to attack the T cells. Also, I think taking some calcium disodium EDTA may help clear things up.

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      • Ryan

         /  February 29, 2012

        Clint – never heard from you RE the arthritis gig; I’m not sure where else to contact you besides here.

        I started taking Calcium Disodium EDTA, have you heard of it?

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  9. katchum

     /  May 11, 2012

    How can the federal reserve have 6 trillion in debt on its balance sheet, when the federal reserve balance sheet is only 3 trillion?
    http://www.bloomberg.com/quote/FARBAST:IND/chart

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    • Not sure I understand your question. Please give more detail…

      The figure quoted in my article represents holders of US debt. The Fed holds “bonds” as such, which the US taxpayers must pay back.

      Also, there is a huge difference between net assets and gross assets.

      There is also a huge difference between the “budget report” of the Fed and the CAFR “audit” of the Fed.

      For instance, CAFR shows “off-balance sheet” assets.

      The CAFR for the Fed is here, listed under AUDITS: http://www.federalreserve.gov/publications/annual-report/2010-federal-reserve-system-audits.htm

      If you’ve got a few days to go over the 500+ pages, you’ll find lots of money you didn’t know about – and which an “International Jew” like Bloomberg certainly ain’t going to tell you the truth about it!

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      • Here is a federal report that is very revealing. It shows the “Total Assets” of the top “25 banks” as of June 30th 2010, page 24 of the report “TABLE 1” column 4 = $7.765 trillion (table in millions of dollars). With all banks the figure was $10.469 trillion.

        Click to access BankDerivativesJUNE2010.pdf

        I note that just between JP Morgan CHASE and Bank of America the total was a little over: $3. trillion. Additionally, under derivatives held column 5, JP Morgan CHASE was holding $75.2 trillion. The third quarter 2008 report of the same had them holding $90 trillion.

        Click to access BankDerivativesMarch08.pdf

        The news over the last two days of: “JP Morgan looses 2-billion in six-weeks on their derivative trading is a “suckers trap”. A loss of 2-billion for JP Morgan Chase is like Bill Gates dropping a penny.

        What they and their bought and paid for media talking heads are doing after CHASE’s consolidation of the wealth taken over the last four-years is creating a scare “intentionally” to get holders to bail so they can buy back their own stock, consolidating their own ownership… Give it a week or two and then after a quick spike down, watch their stock break new highs over the following month as they take in all players in the outside loop who were suckered into offering up their holdings in their company.

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  10. The State Debt Lie & Why Constitutional Law Is Covered By Commercial Law
    http://statedebtlie.wordpress.com/

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  11. Don sanders

     /  January 19, 2013

    First off, WOW. What an amazing accomplishment putting all of that together. It is in plain English, well laid out and still after reading it I really don’t understand it very well.
    Out of the 350 million people in this country could do what you have done and more to the point how many that could would bother.
    We still don’t know who the “government” is. No fault on your part.
    I mentioned in an earlier post I have it narrowed down to about four big international players. These guys are way past the point where money matters. They do not need anymore.
    It could easily serve their purposes just fine to let those trillions of dollars sit in that bowl of financial spaghetti squirming to and fro through and untraceable morass of financial legalese and instruments. They don’t need the money I think they do need us not to have it. Not to have enough. Every time that money moves you can bet the minions of the elite in our government, nothing more than petty thieves siphon off what they think they can get away with. The reward they get for selling us down the river.
    It’s about control. Note the involvement in pension funds. Talk about leverage. A thousand ways they can trash those funds and we would never be able to nail down what had actually happened even if we had somebody honest investigating it. Seriously folks do you see Holder tracking down the bad guys. Lmao.
    The treasury is nothing more than a check book. We are to believe our government is too incompetent to balance a check book. The notion that politicians are incompetent is its self the product of incompetence. That 13 trillion dollar debt is there because the elite want it there. The complexity of our financial system is nothing more than obfuscation to deceive. The same is true with our tax code. Are we seeing a pattern here? Nobody can figure either one out and nobody is supposed too. If anyone did they would probably wind up in a pine box. Pardon the melodrama.
    Never mind the petty thieves in our government, nothing more than remora chasing a shark. What is the motive, who is calling the shots, what is the infra structure and who are they. There is always a paper trail; there is always somebody at the top. There is always a motive and goals.
    We do not have the source. Lets try to get a big picture view with the data we have.
    What we seem to have here is theft. Plain and simple. Everything else is there to conceal the theft. Ignore the petty thieves even though most will be high ranking politicians and wealthy individuals they are in the end just petty thieves. The money that has been stolen is simply being stashed. Taken out of circulation. More money is stolen from us by way of taxation and by inflation caused by monetizing the dept by the fed to replace the stolen and stashed money. The process will continue to repeat. Gradually businesses will either be bought up by the government or bankrupted. Personal assets will be lost, they already control most if not all of the retirement funds.
    Keep in mind the elite do not need this money. Trust me they already own most of the wealth of the world. it is hard for peasants like us to grasp the idea it may not be about the money. They are wearing us down mentally; making us more and more financially and mentally dependent upon government. Corporations like Monsanto centralize wealth and power and are either owned by the government or are working with the government. Add to that the fact they control what ever it is they produce. Eventually all farms will be own by several large corporations that are owned by the fed or are in bed with them. Ultimately controlled by the elite. At that point we depend on them for food, this is almost true now. This is also the case with energy, building supplies. Everything is being centralized into the hands of a few. Money, food, medical, materials, transportation, shipping, you name it its being centralized. Self reliance is almost illegal in many aspects and is impractical at this point in even more. Organic farming and marketing can get you raided and thrown in jail.
    What do you think.

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    • It is not so much as the “who” factor. It is more so “whom” that benefits within the “network” created. It is massive and the players many. Keep in mind it has always been about wealth transfer for the last 10,000 years. Conquest by war was the age old strategy. Today it is information management of which they have it down to a refined art.

      Keep the pubic off in La – La land as a void in basic cognitive thinking is created and maintained of the wealth transfer.

      In as such in effect they can do whatever they want behind closed doors, and as quick as they want without having to bring up the tanks to confront the population that is being masterfully played as a well tuned Stradivarius violin.

      When you think of the money / wealth the gang has available to them that can buy and direct the best talent that money can buy, the population is and has been in a VERY dangerous predicament and will continue to be so until the cognitive think starts for corrective action and the well maintained void in the basics is filled to motivate that corrective action.

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  12. About Applying this Knowledge, practically? So far, I’m hearing:

    Detach from Strawman… would solve major problems, particularly if enough people did it (if only a few, less effective. It’s the masses that continue to contribute to the massive investment platform and demand institutions that allegedly “serve” (vs. “extort”) them. Put near the top, the schools… and would free yourself and (if applied) family from ongoing legal bloodsucking activity by time and resources waste. Plus, you’d cease being an active contributor to the problem by ceasing to contribute to that investing platform that’s already too large.

    (quit responding by name to the legal fiction of “person” in all venues) which to me seems a great idea, if one can really pull it off, and keep eating, retain some housing, etc.)

    http://tax retirement.com
    To view the TRFA  audit template: http://TaxRetirement.com/TRFA.html

    Walter is saying, make the public the first-line beneficiary of the wealth — common sense, although what about the issue of residency, mobility, etc., then? Would people have to be attached to housing, leases, or whatever in order to receive infrastructure services (basic roads, water, sewer, lights, communications, maybe library etc.).??

    QUESTION:
    Would such a bunch of crooks agree to doing this by public demand? What are the odds when the opposing POV has the guns, and runs the prisons? How does the logical (sound financial basis) get to “fait accompli” status? We already have plenty evidence how the irrational and illogical becomes fait accompli (control of media plus public easily distracted.)
    _______
    re: Masterfully Entertained (agreed, but it’s more than that).
    http://www.lermanet.com/faqs.html
    http://www.lermanet.com/scientology/index.htm (see Chapter 11: Mental Confusion // Mass Contagion).

    Some of this public is not just distracted, they are drugged, they’ve had family members abducted or held hostage (by the govt corporate enterprise) and some are mentally/behaviorally controlled through means they are not equipped to resist. These people are not likely to be the ones helping pass the TRFs or detach from their straw persons..
    ______
    Psychologization of the Law/Jurisdictional Snatch of anyone with a domestic conflict:

    The family courts (divorce, custody, juvenile, foster care — you name it) are from the “wonderful” profession of psychology (“mental hygiene,” a.k.a. indoctrination) and are trained in clinical hypnosis, techniques have been adopted by major cults around, i.e., Scientology, etc. There’s literally a “Confusion technique” to induce a form of hypnosis in a client against their will; not to mention constant obsession with using the poor to test techniques for behavioral modification “en masse.” (what else are schools for, either, come to think of it?) (see Jan. 2013 pingback, above)

    As we speak (Jan. 2013) there’s still promotion of the Milton H. Erickson field of “Ericksonian Hypnosis,” which goes under a whole lot of other names. In the war to transfer wealth from one parent to another, or from one or both to (professionals in govt employ, etc. — lawyers, judges, evaluators, counselors, etc.) — anyone can be court-ordered into therapy; and they ARE court-ordered already into parenting classes and can’t complete a court hearing, really, without complying. Obviously it’s a racket. There are direct connections to this system (the family courts, whose legislatively stated purpose includes forced counseling at public expense by people in these fields) and the Tavistock Institute, etc.

    http://erickson-foundation.org/wizard-desert/

    ______

    Catherine Austin Fitts (who also has brought up CAFR in her material on the financial coups d’etat and, “the Myth of the rule of law,” Narco-Dollars for dummies, etc.) recommends forming small Circles (she calls them “Solari Circles after the company, “Solari”), i.e., for Education, Action and if chosen, Investment:
    _ _ _ _ _ _
    “A Solari Circle is a small (twelve or fewer members is recommended) financial action club formed by people who know and trust each other and who choose to “conspire” to help each other anticipate and adjust successfully to changes in our lives.

    _ _ _ _ _ _ _ _
    http://solari.com/blog/solari-circles-an-intro-for-financial-permaculture-students/

    I’m not so much into that as wanting to know how to become an individual and single self-supporting entity not tied only into the US Corporations system.

    It’s true that the most energy-effective unit of operation is small — from 12 to maybe maximum two dozen people. Bottom line is, to transition from one way of doing things to another, there has to be some sort of bridge (or leap — i.e., some running momentum).

    Fitts was former assistant secretary of HUD, and in a 2010 interview talks about what might be up ahead currency-wise:
    http://www.examiner.com/article/austin-fitts-push-for-digital-currency-or-a-new-dollar-backed-by-food-not-oil
    _____________
    “With the world’s population surpassing seven billion people in just the past few years, the need for food is quickly outweighing the need for oil, especially as new technologies such as solar, hydro, nuclear, and wind bite into the energy needs oil used to dominate. In October of this year, the United Nations (U.N.) issued a report of massive food shortages expected for 2013, and just over a year ago, the high price and lack of food in Egypt and elsewhere led to the Arab Spring movements, and fall of several Middle Eastern governments.

    “In the U.S., food has already become a currency unto itself as 47 million Americans now reside on the Labor Department’s SNAP roles, and require government benefits just to purchase basic meals on a daily basis. With the advent of the Electronic Benefit Transfer (EBT) system, the melding of a digital currency backed by food has already been introduced, and is being utilized by nearly one-sixth of the population.

    “The historic cycle of a purely fiat currency is normally no longer than 40 years, and**** the dollar in it’s current form, which is backed by the Saudi oil agreement, will enter that final year in 2013. Thus the need for a transformation of currency is not only desirable as devaluation and massive debt erodes the world’s confidence in the dollar, but absolutely necessary as China, Russia, and a new Asian Partnership seek to bypass the dollar permanently for alternate currencies.”***
    ________
    I can tell people whatever they want to know about (or at least plenty) how people are forced onto welfare, and from there, money and their SS#s are most likely laundered, sometimes through HHS/HUD in combination, (did I mention the religious tax-exempt sector yet?).
    _______
    In short, If the TRFs and massive exposure of the level of CAFRs (i.e., fraud) actually forces various governments to quit IMPOSING new taxes, then what about citizenship // residence (i.e. straw person status)? If a person resists indoctrination (cases above) they can be incarcerated, isolated, intimidated, extorted, or lose immediate family members. I’ve seen 3 generations of my own family affected by this (at least), including my kids.

    In this scenario, someone has to have a significant cadre of people who are functional, committed, and able to do something about the extortion. I have zero confidence in the ability of most people to accept, comprehend, and change their life based on the information. We are talking about an entire nation who has been compromised, and asking parts of them to do something intelligent and strategic about it….

    In other words, how many are not in a situation where their cognitive thinker works — and if it does, then they have another serious issue, which is strategy. As someone who’s read Greek, the root word for strategy does indeed come from the word for war.
    http://wordinfo.info/results?searchString=strategy
    ————————————
    It’s as in any machine or engine — if you rev up the energy (engine) with power (information on this situation) and do not have the rest of the vehicle (wheels, steering, axle, vehicle body, etc.) — it doesn’t go. Or it doesn’t go straight. What we are dealing with is people and groups who DID have the long-term strategy, vehicles, energy /power, etc. in place — and it’s not enough just to pull some of the plugs; it is necessary to have an alternate plan.

    Either that, or leave it to the religious elements to work out their own alternate governments after having finished eviscerating this one: they come in Monotheist or New/Age Polytheism varieties; both engage in child and human sacrificial practices, either direct or indirect.

    (sorry the comment is so long, but I wanted to bring up the hypnosis through mandated psychotherapy etc. action. )

    There has to be strategy for significant change. this strategy probably shouldn’t just be posted in commentary on a public blog, but individuals have to organize themselves at smaller, and local units for leverage, and factor in burnout (or avoiding it), passing the torch, training etc. …. I looked up HHS style grants and corporations for over three years, and if there is ONE thing I see — they dump money up front into the systems (I call it the plumbing) to distribute the grants and turn on the faucet at both ends, as well as mentoring and training. In fact, that’s probably the main activity going on; and this training is to keep the funding coming into central coffers at the local end. Anyone who wants this change has to factor in the resistance and ways to tack against it, overcome it, bypass (etc.).
    _ _ _ _ _ _ _

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  13. Adrian

     /  August 15, 2013

    There is a practical solution: STOP using the word” government”. Get rid of their ID’s,make your own ID. Use your real name. Ask questions like: Who are you? Can you show any
    proof? What do you mean by that?
    Demand what you are paying for.You pay sale tax,they take it.Demand performance.
    You have the upper hand. THEY owe you,not the other way around.
    THEY are private corporations,you pay THEM to provide a service for you.Demand performance.STOP being THEIR slave,be the MASTER. THEY work for you.
    Stay away from religion and churches.Preachers are devils in disguise.They promote
    communistic dogma which is the root of slavery.
    Do a study on Vatican and the Jesuit Order,Free Masonary and Zionism.

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