08. Building Economic Sovereignty | Bankruptcy | Sovereign’s Handbook

By Johnny Liberty

Building a Foundation

Building economic sovereignty can be a stumbling block for people who have lived their entire lives in “debt (Ø)”, never having been paid real “money ($)” in their entire lives, never having acquired tangible assets, investments, land, property or real estate sufficient for financial independence and freedom. May we be relatively independent from the rapidly emerging New World Order for our “right livelihood” and survival.

These obstacles must be overcome as all seven aspects of sovereignty” must be reclaimed and restored to become completely free once again, namely, physical, mental, emotional, spiritual, economic, legal and political sovereignty. 

Fear, victim mindsets, co-dependency, non-responsibility and entitlement programs are pervasive in the contemporary human psyche, while the attitudes behind these “victim” mindsets must be transformed into “sovereign” mindsets. Attitude is everything. 

As Fredric Lehrman aptly taught in his audio course Prosperity Consciousness, if one feels unworthy of having wealth, and of having choice, then certainly one will not. If one does not believe that there is enough for everyone, then certainly there will be scarcity and struggle.

“The best way to help the poor is to not be one of them yourself.”

Finding Right Livelihood

Achieve economic sovereignty via “right livelihood”, an integral expression of your own talents and skills, what you love to do, both ethically and morally. Managing your own business instead of working for someone as an “employee”, is the preferred, realistic method for achieving financial independence, awareness and freedom. Obligation and debt are poor companions.

Assess your current financial and economic condition. Be honest. Inventory your debts, resources, talents, skills and dreams. What motivates you? What excites you enough to get out of bed in the morning and be self-motivated and self-disciplined? How can you be of greatest service to others? 

Assess your ability to make a contribution, your capacity to generate a viable livelihood for yourself and for your family while providing goods and services that are needed and wanted in the local and regional economy. 

Achieving these goals may not happen overnight. It takes time to break down old belief structures and mindsets that have limited ones potential. Be patient. However, stay focused and energized on your objective of being economically sovereign, free and financially responsible for your own business.

If you are an “employee” working a job consider starting your own business, at first part time or on the side. In the long run, you will have more options for success working your own business than working for someone else. Become an entrepreneur.

Become independent of“employee” status as soon as possible, or be prepared to educate your “employer” and exercise other tax-reduction strategies, if you choose.

Create, then extend a beautiful imagination of what is possible into the world around you, then provide quality goods or services. Create and commit to an action plan so as to manifest your objectives and goals. Commit to frugality while living as debt-free as possible. Create a community of family, friends and neighbors to support your mutual goals.

Deregulate or Abolish the Federal Reserve

May we either deregulate or abolish the Federal Reserve Bank (FRB) monopoly over “legal tender (Ø)”, and restore a constitutional “money ($)” system as required by the U.S. constitution. The U.S. Treasury could issue interest-free U.S. Notes, then spend those into circulation, perhaps backed by gold and/or silver, as well as an index of multiple commodities.

However, it is extremely unlikely to do so since the Federal Reserve Bank (FRB) is in control of the U.S. Treasury as well. U.S. President Donald J Trump quietly took control of Federal Reserve Bank (FRB) during his term in office in 2020 without any fanfare or massive media exposure.

In a cunning move, the U.S. President is in complete control by simply absorbing the FED into the U.S. Treasury Department. This may take some time to sink in. However, this may be a pivotal moment in the “United States”.

References:

  1. Sourced from Bruce Cockburn’s Stealing Fire.
  2. NIghtingale-Conant | Prosperity Consciousness by Fredric Lehrman (audios).
  3. Quote by Johnny Liberty.
  4. Liberty International Blog | Trump takes control of the Federal Reserve Bank under the U.S. Treasury with Michael Telling.

Source: Sovereign’s Handbook by Johnny Liberty (30th Anniversary Edition), Volume 2 of 3, p.65 – 66

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Dawning of the Corona Age: Navigating the Pandemic by Johnny Freedom 
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08. Borrowing Forever From the Future | Bankruptcy | Sovereign’s Handbook

By Johnny Liberty

Before a central bank and before the Federal Reserve Bank (FRB), the federal U.S. government corporation had to live within its means. And it did so for 126 years with few exceptions (1789 – 1915). Imagine that! 

1789 – 1860 – The federal U.S. government was virtually debt-free with a balanced budget until the Civil War.

1861 – 1865 – There was a proportional three-fold increase in the size of both outlays and the government, and five-fold increase in federal U.S. debt during the Civil War years.

1866 – 1915 – The size of the outlays and federal U.S. debt stabilized after Civil War, and the debt was paid off

Direct Veto Power Over Government Spending

The Founders knew what they were talking about when they vehemently opposed a central bank at the beginning of the constitutional Republic. When the federal U.S. government needed to borrow to finance this project, or that, to declare war, it had to borrow directly from the people by selling government securities (i.e., U.S. savings bonds or U.S. war bonds). Thus, We the People had a direct veto power over the spending policies of the United States and their political subdivisions.

These checks and balances did not please the European central bankers, as it did not make them any substantial profits. They were accustomed to arranging wars as they pleased. So the Federal Reserve Act of 1913 was created and foisted on the American people with the worst of intentions.

The Federal Reserve Act of 1913 offered an unlimited credit line to the federal U.S. government corporation which bypassed the will of the people and their respective states. , Since then, the federal U.S. government corporation has borrowed directly from the Federal Reserve Bank (FRB), forcing the American people to indirectly lend them the funds without their knowledge or consent, but nonetheless obligating them to pay the federal/national debt through the imposition of an “income tax”

This is the fundamental evil of “monetizing the public debt (Ø)”. It no longer mattered what the We the People wanted. The international central bankers were now in control of the American political machinery, and they have been ever since.

References:

  1. Creature from Jekyll Island by Edward G. Griffin (American Media, 1994); Amazon
  2. Critical Path by R. Buckminster Fuller, (St. Martins Press, New York, p. 81); Amazon

Source: Sovereign’s Handbook by Johnny Liberty (30th Anniversary Edition), Volume 2 of 3, p.62. 63

ORDER YOUR LIBERTY BOOKS TODAY!

Sovereign’s Handbook by Johnny Liberty 
(30th Anniversary Edition)
(3-Volume Printed, Bound Book or PDF)

A three-volume, 750+ page tome with an extensive update of the renowned underground classic ~ the Global Sovereign’s Handbook. Still after all these years, this is the most comprehensive book on sovereignty, economics, law, power structures and history ever written. Served as the primary research behind the best-selling Global One Audio Course.Available Now!

$99.95 ~ THREE-VOLUME PRINT SERIES
$33.33 ~ THREE-VOLUME EBOOK

Dawning of the Corona Age: Navigating the Pandemic by Johnny Freedom 
(3rd Edition)
(Printed, Bound Book or PDF)

This comprehensive book, goes far beyond the immediate impact of the “pandemic”, but, along with the reader, imagines how our human world may be altered, both positively and negatively, long into an uncertain future. Available Now!

$25.00 ~ PRINT BOOK
$10.00 ~ EBOOK