07. Exponentially Raising the Debt Ceiling | Money | Sovereign’s Handbook

January 16, 2025January 20, 2025 / Chief Visionary Officer & Founder / Leave a comment

By Johnny Liberty

Each year the U.S. Congress declares yet another bankruptcy of the federal U.S. government corporation. Each time it must raise the “debt (Ø)” ceiling with the approval of the Federal Reserve Bank (FRB). Did you know that the Federal Reserve Bank (FRB) has the power to shut down most of the federal U.S. government indefinitely when the Board of Governors chooses not to approve an increase of the federal/national debt?

Who Is in Charge of the U.S. Congress?

So who do you think is actually in control of the U.S. Congress and the federal U.S. government corporation? The Federal Reserve Bank (FRB) is holding the federal U.S. government, “elected representatives” and federal employees, and We the People of the united states of America hostage through the FED’s credit and monetary policies. The principals-creditors who control the “money supply”, control the nation state.

The federal U.S. government corporation borrows and increasingly spends exponentially inflated and devalued paper currency at least twice each and every year. Even without an Act of Congress, “income tax” on “U.S. citizens” increase and properties are effectively confiscated via systemic inflation by those with power in the District of Columbia (D.C.)

Therefore, the federal/national debt continues to increase exponentially which the people of the united states of America are expected to pay one day in the future from their assets. Even though the 50 states are mandated by law to balance their annual budgets, unlike the FED, if you and I do not balance our household budgets, we end up on the streets.

This corrupt, federally mandated pyramid scheme is tantamount to treason, yet none dare call it such. However, this activity goes on and on year after year while both our leaders and We the people stand back and do nothing.

The federal U.S. government has been bankrupt numerous times since 1933. Our “elected representatives” and federal employees from both sides of the political aisle do not ever seriously address the issue of balancing the federal budget. Talk about balancing the budget is all lip-service. They will milk this cow until the country is foreclosed upon forever. The date of our inevitable demise is on the calendar and approaching very soon.

ECONOMIC GROWTH = ECONOMIC SLAVERY

A debt-based economy can only expand or grow by expanding and growing the federal/national debt. In a debt-based economy, it is impossible to balance the budget without eliminating the root cause of debt – namely, the Federal Reserve Bank (FRB). But dare to mention this fact on the floor of the U.S. Congress, and all the hairs on the back of the neck of our “elected representatives” stand up in vocal protest.

Whenever the U.S. Congress proposes a new federal budget and raises the debt ceiling, which is prima facie evidence of the federal U.S. bankruptcy, the Federal Reserve Bank (FRB) has the authority to deny credit to the government by simply not buying the bonds.

Prior to the Federal Reserve Act of 1913, the federal U.S. government had three options to finance its operations. First, the government could apportion a constitutional tax if all the state legislatures agreed. Second, the government could sell U.S. bonds to the American people. Third, the government could raise funds through import taxes and tariffs.

Prior to the Federal Reserve Act, We the People were oftentimes the masters of government via our “elected representatives” and by acting in our sovereign capacity as “state” Citizens.

If We the People did not choose to fund a particular war or government program, we told our “elected representatives” to veto the legislation or the apportionment. If we did not want to support a war, we did not buy U.S. Savings Bonds.

Between 1913 and 1933, the private international central bankers became the masters of government. What the government accomplished was to trade one master (We the People) for another (We the International Bankers). Unfortunately, We the People bought into this pyramid scheme and many lost their individual sovereignty and “state” Citizenship in the process.

Who Has the Power to Close Government?

Today, the Federal Reserve Bank (FRB) holds the absolute power to close most of the doors of the federal U.S. government by denying an increased credit line. That is a lot of power in the hands of foreign bankers with no constitutional authority to create “money (Ø)” in the first place.

What is happening in 2022 is that the Rothschilds central banking model, whereby all private property is confiscated for “communistic” purposes established by the central bank, and the people are enslaved by a perpetual un-payable “debt (Ø)”. Debt“money (Ø)” is the method by which free and independent state Republics are usurped, thereby replacing free states with fake democracies, while simultaneously destroying the people’s sovereignty and their “unalienable rights”.

“The Federal Reserve System was founded primarily to serve the special interests of certain highly organized, politically influential groups within the banking industry.
The [Seven Member] Board of Governors is appointed by the President
and confirmed by the Senate, but five of the twelve members
of the Federal Open Market Committee representing the regional
Federal Reserve Banks dictate our country’s monetary policy
and are controlled by private, commercial banks.
Thus private banks, serving special [elite] interests, control or influence public policy regarding the money that everyone in the United States uses.”
~ National Alliance for Constitutional Money

Balancing the Budget Can Never Happen

Unlike the federal U.S. government, the 50 state governments are constitutionally required to balance their budgets and accept no foreign bills of exchange, in other words, a “paper money substitute (Ø)”, although they are also failing to abide by constitutional requirements.

Today, the corporate “States” are no longer sovereign state republics, and the corporate “States” no longer function in their capacity as sovereign “states of the Union” in a constitutional Republic. Corporate “States” are merely subsidiaries or political subdivisions of the federal U.S. government corporation under the “Municipal laws” of the District of Columbia (D.C.) unless or until they “reclaim their state sovereignty”, stop obeying federal mandates, and/or refuse to accept federal funding.

Providing the federal U.S. government corporation is doing the bidding of the United States and European Power structures via the Federal Reserve Bank (FRB) and its principals-creditors (i.e., International Monetary Fund (IMF and World Bank (WB), etc.), the Federal Reserve Bank (FRB) has been more than willing to continue to expand the debt ceiling and “lend”, in other words “created from thin air”, the federal U.S. government as much essentially worthless, debt “money (Ø)” as they want.

As we have already learned, Federal Reserve Notes (FRNs) are a paper currency, a negotiable instrument, and are printed with ink on paper, or more often created electronically as ledger entries on licensed computers in a vault. This illusion of debt “money (Ø)” is an incredibly orchestrated lie, a fiction that many continue to believe. How much longer will We the Fools borrow ourselves into economic slavery?

“Banks lend by creating credit. They create the means of payment out of nothing.”
~ Ralph M. Hawtrey, Secretary of the British Treasury

“When you or I write a check (Ø) there must be sufficient funds in our account to cover that check, but when the Federal Reserve writes a check (Ø) there is no bank deposit on which that check is drawn. When the Federal Reserve writes a check, it is creating money (Ø) [irredeemable currency].”
~ Putting It Simply, Boston Federal Reserve Bank

“The Federal Reserve System pays the U.S. Treasury Ø20.60 per thousand notes—
That equates to a little over 2 cents each with no regard to the face value of the note. Federal Reserve Notes, incidentally, are the only type of currency now produced for circulation. They are printed exclusively by the Treasury’s Bureau of Engraving and Printing, and the Ø20.60 per thousand price reflects the Bureau’s full cost of production. Federal Reserve Notes are printed in Ø1, Ø2, Ø5, Ø10, Ø20, Ø50 and Ø100 denominations only; notes of Ø500, Ø1000, Ø5000, and Ø10,000 denominations were last printed in 1945.” ~ Donald J. Winn, Assistant to Board of Governors, Federal Reserve System

Printing Money Out of Thin Air

Here is how “money (Ø)” is created out of thin air. The U.S. Congress claims that it needs Ø100 billion for some pork-barrel project sponsored by a few high-ranking U.S. Congressmen/Congresswomen, or U.S. Senators, who must appease the lobbyists who contributed campaign funds and, incidentally, wrote the legislation. Ahem.

After the legislation passes and is signed by the U.S. President, the U.S. Congress authorizes the U.S. Department of the Treasury to print bills or bonds as a “loan (Ø)” to the government. This is called “monetizing the debt”. In summary:

Funding starts in the U.S. Congress by borrowing bonds and issuing Treasury notes that other countries and large institutional investors must purchase.
If the U.S. Congress cannot borrow enough Treasury notes from investors, an officer goes to the Federal Reserve Bank (FRB), who then pulls out a checkbook, writes a blank “check (Ø)” from the FED’s checkbook for Ø100 billion from an account with “not one dollar” in it.
The government’s central bank account deposits Ø100 billion which accrues interest immediately to the Federal Reserve Bank (FRB) on “not one dollar” loaned. Then the government taxes the people via an income tax to pay the interest on the “loan (Ø)” directly to the Federal Reserve Bank (FRB). That is where your “income tax” money goes.
The government deposits the “check (Ø)” into their bank account and writes “checks (Ø)” to pay government workers.
For example, government writes a “check (Ø)” to a postal worker who deposits Ø1,000 into their checking account in a neighborhood, commercial bank.
The commercial bank puts the Ø1,000 into the bank’s reserve account and loans out Ø9,000 to its customers. This is “fractional reserve banking”.
For example, the postal worker’s commercial bank has created the Ø9,000 from thin air from the deposit of Ø1,000.
This goes on and on exponentially expanding the federal/national debt, thereby, fueling (fooling) the economy with “money (Ø)”created out of thin air.

Additionally, the U.S. Treasury prints Ø100 billion worth of Federal Reserve Notes (FRNs) at the cost of Ø0.02, or a few pennies more today, for each bill regardless of denomination. The U.S. Treasury walks down the hall to the Federal Reserve Bank (FRB) and offers to sell them for Ø0.02 each, regardless of denomination.

The Federal Reserve Bank (FRB) then walks down the hall, writes a “check Ø” from an empty account for Ø100 billion, and “loans (Ø)” the “money Ø” back to the federal U.S. government at face value of the FRN plus interest.

The U.S. government then spends the Ø100 billion in circulation. Federal Reserve Notes (FRNs) and “money Ø” are created when the “loan Ø” is made, interest collected and collateral is posted. The interest is on nothing given, nothing borrowed, nothing printed except “money Ø” from thin air.

For every FRN or “dollar Ø” in circulation, the federal/national debt with interest grows exponentially. We the People have collectively incurred this federal/national debt with interest at the prime rate of interest set by the FED.

Many believe that We the People are obligated to pay this un-payable “debt Ø”. However, that is only because we have been uninformed and asleep at the wheel of the world’s largest economy and have forgotten who we really are.

We the People are not obligated to pay an un-payable “debt Ø” that we did not authorize or incur knowingly and willingly in accordance with the the U.S. Constitution.

Remember, We the People are the “Sovereign Power” in the united states of America, not the private international banks, not the federal U.S. government corporation, except where we have delegated limited lawful authority via the U.S. Constitution with the Bill of Rights.

“A banker is a man who will loan you money
if you can prove you don’t need it.” ~ Mark Twain

Eighteen Investment Recommendations

Establish solar, battery-based radio communications and other alternative, self-sufficient energy systems before a collapse of consumer buying power and the food supply system.
Decide to get out of personal “debt Ø”. Strive for your economic sovereignty and financial independence, despite the system.
Decide to reorganize every aspect of your life, including your business, job or occupation to achieve this goal. Know in your heart and soul that you are the master over your life. You are not an economic slave or subject to any government or their principals-creditors.
Decide to learn the freedom tools necessary to shift or maintain to where you would like to be in your life, family and business.
Decide to stop sending your hard-earned “money Ø” to any government that wastes your energy, or your productivity, while using your taxes for destructive purposes.
Engage in a free-enterprise business that is enjoyable and matches your skills, talents and aspirations. Discover how you can make a “right livelihood” (a Buddhist ideas) doing what you love, then serve others to build a better world.
Generate wealth and prosperity from hard work and productivity. Invest profits directly to generate more wealth. Take a portion of your surplus funds and contribute in a socially responsible, wise, prudent way to support your community.
Establish legal domestic, non-domestic and foreign entities with appropriate onshore and offshore banking for both your business and family.
Position 7%, or the current legal limit, of your assets safely and legally offshore in foreign entities, either Trusts, IBCs or S.A.s. Open up foreign bank accounts with debit cards, not credit cards. Do not authorize withholding 30% on foreign investments in domestic banks.
Invest 5%, or the current legal limit, of your “fiat currency Ø” in other national currencies for currency trading purposes.
Invest 20% in precious metals, for example, gold or silver, take physical possession, and secure them privately.
If you have an IRA, liquidated it now, and either self-direct the funds, or pay the tax penalties if necessary.
File and pay any lawful and legal taxes each year to the appropriate jurisdictions.
Rescind “adhesion contracts” that have kept you in contractual bondage with the government. For sovereign “state” Citizens, update land patents and reclaim “allodial” titles. Transfer titles into non-domestic or foreign entities whenever possible.
Minimize or refrain from using credit cards at high interest. Stop borrowing and purchasing items you do not have the “money Ø” to pay for. Live within your means.
Cash out of the volatile stock market. Then convert any stocks, bonds, mutual funds into tangible assets of real value.
Establish self-reliance on land paid for in full and protected from foreclosures or other sudden downturns in the economy.
Provide and stockpile basic needs for your family, friends and community, including water, medicines, seeds and food storage for two years of austerity measures. Grow edible, vertical gardens in any available space indoors.

References:

Wikipedia | Gramm-Rudman-Hollings Balanced Budget, and Emergency Deficit Control Act of 1985); Public Law 99-177.
Wikipedia | The World Almanac and Book of Facts, Phanos Books (1992) p. 139.
Bill Otten Blogspot | Peter T. White in National Geographic, Jan. 1993, The Power of Money (issues relating to the banking industry and the fraud therein).
Wikiquote | Ralph M. Hawtrey, Secretary of the British Treasury.
Putting it Simply published by Boston Federal Reserve Bank (out of print).
Sourced from a letter from Senator Mark O. Hatfield. Quote from Donald J. Winn, Assistant to Board of Governors, Federal Reserve System.
Wikipedia | Creature from Jekyll Island by Edward G. Griffin (American Media, 1998) Amazon,
Wikiquote | Quote by Mark Twain.
The Securities and Exchange Commission (SEC) has no interest in policing the investments of money fund operators. Mutual fund companies have misrepresented their funds by investing in long-term debt instead of staying in short-term cash instruments, many have resulted in non-liquid portfolios and large losses. Avoid highly speculative investments or casino-style gambling.
Criminal Politics, June 1994 and American News Service, Winter ’95, p.4.

Source: Sovereign’s Handbook by Johnny Liberty (30th Anniversary Edition), Volume 2 of 3, p.39 – 45

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07. Americans Asleep at the Economic Wheel | Money | Sovereign’s Handbook

January 15, 2025January 20, 2025 / Chief Visionary Officer & Founder / Leave a comment

By Johnny Liberty

Since 1913, most of the people of the united states of America have been asleep at the wheel of the world’s largest constitutional Republic and still does not know what is happening behind the scenes.

Many people still do not comprehend the significance of what had occurred over time to abrogate their inherent, God-given sovereignty and freedom. Thomas Jefferson once warned us, if we are not vigilant, We the People may one day awaken, “homeless in the land of our forefathers”.

Surrendering More Than Money

After the American Civil War and the Federal Reserve Act of 1913, many Euro-American Citizens in the Southern States, had already surrendered their sovereign “state” Citizenship and became “U.S. citizens subject to the federal U.S. government via threat, duress and coercion. Euro-American Citizens were treated no better than “prisoners of war” which has created generations of resentment and misunderstanding to this present day.

The 13th/14th Amendment allegedly “freed” the liberated African-American slaves. However, in truth, they became U.S. citizens subjected to the federal U.S. government instead of “state” Citizens of their respective states on par with other Euro-American Citizens. In other words instead of liberating slaves, all “citizens of the United States” became slaves. This shocking revelation began this author’s long road of research and exploration over three decades.

Between 1913 and 1938, American Nationals or sovereign “state” Citizens from the Northern states surrendered their sovereignty, thus became tenants, residents, franchisees, and U.S. citizens, like those from the Southern states. Formerly sovereign “state” Citizens would unwittingly contract into the jurisdiction and venue of the federal U.S. government corporation via the Social Security Act and numerous other adhesion contracts over the next few decades.

People surrendered their American National or sovereign “state” Citizenship by voluntarily registering as “beneficiaries” of this Federal Reserve Bank (FRB) Joint Stock Trust via a Certificate of Birth, which is an unrevealed trust instrument shifting your jurisdiction and venue in commerce with the federal United States. This Certificate of Birth Registration makes you property of the U.S. government and its principals-creditors.

In contrast, a Certificate of Live Birth Registration is simply a Verified Affidavit signed by the attending parents, physicians, nurses and midwives whereas a Certificate of Birth Registration is a commercial instrument signifying property registered with the U.S. Department of Commerce of the federal United States.

Surrendering the Gold

By 1933, the federal U.S. government, in collaboration with the Federal Reserve Bank (FRB) and its foreign principals/creditors, had already “hypothecated” all of the land, property, assets and labor of their registered “subjects”, in other words, “U.S. citizens”.

In 1934, the Federal Reserve Bank (FRB) called in its first loan to the federal U.S. government which was payable in gold. This singular act caused the Great Depression. With the assistance of Franklin D. Roosevelt’s (FDR) Executive Order (EO) the Federal Reserve Bank (FRB) essentially confiscated all the gold of We the People which was “mandated” by FDR to be deposited in the nearest Federal Reserve Bank (FRB).

This Executive Order (EO) only applied to U.S. citizens and federal government employees, but most people did not understand this distinction, so they complied, depositing all their gold into a Federal Reserve Bank (FRB) and received what would soon be worthless paper in exchange.

Today, every asset not held privately or held “in allodium” (absolute title to land) has also been “hypothecated”, assigned and transferred as payment to the private international bankers against the un-payable federal/national debt. At least twice a year the U.S. Congress has had to ask permission from the Federal Reserve Bank (FRB) to raise the debt ceiling and borrow trillions of more dollars until one day soon, the FED will foreclose on the federal U.S. government and the United States will come to a fateful end,

All Assets Owned by Sovereign Power Structure

Unwittingly, the united states of America and its people have returned to their slavish feudal roots long before the American Revolution. Today, all land and property is held by the United States and European Power structures under the control of private international central banks.

The international central bankers became the Sovereigns instead of Kings or Queens. Now, 14th Amendment “U.S. citizens” have no rights to own land “in allodium”. We were reduced to tenants who “rent” property from the Sovereigns under the guise of the Federal Reserve Bank (FRB). We have exchanged one master for another. History repeats itself ad nauseum.

Tragically, We the People have become peasants, surfs, peons and “economic slaves” of this tyrannical chapter of a New World Order established in 1913. What were once “unalienable rights” have all been taken away, unless each of us takes the necessary steps to reclaim sovereignty and make a stand for freedom. The choice is yours.

References:

Thanks to Chuck Atkins for this revelation. There was an original 13th Amendment, therefore this one is actually the 14th. More on this later in this book.
Strawman Money Credit | Your Birth Certificate – The Great Government Money and Credit Scam; VitalChek | Original, certified copies of your Birth Certificate.
Wikipedia | FDR’s Executive Order #6102 forbidding “hoarding” of gold in the United States. Many prosecutions were executed and upheld by the U.S. Supreme Court.

Source: Sovereign’s Handbook by Johnny Liberty (30th Anniversary Edition), Volume 2 of 3, p.36 – 37

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07. Federal Reserve Banking System | Money | Sovereign’s Handbook

January 15, 2025January 20, 2025 / Chief Visionary Officer & Founder / Leave a comment

By Johnny Liberty

The Federal Reserve Bank (FRB) was originally based on the Vatican’s Canon law, and the principles of sovereignty established by the Declaration of Independence and codified in the U.S. Constitution with the Bill of Rights.

Federal Reserve as Joint Stock Trust

In fact, the private international bankers used a “Canon Law Trust” as their model, adding private stock and renaming it as a Joint Stock Trust. Eric Madsen asserted that it was a type of corporation.

In 1873, the U.S. Congress had passed a law making it illegal for any legal “person”to create a Joint Stock Trust. The Federal Reserve was legislated post-facto to 1870, despite the fact that post-facto laws were strictly forbidden by the U.S. Constitution [1:9:3].

“This [Federal Reserve Act] establishes
the most gigantic trust on Earth.
When the President [Wilson] signs this bill
the invisible government of the Monetary Power will be legalized…
the worst legislative crime of the ages will be perpetrated by
this banking and currency bill.”
~ Congressman Charles A. Lindbergh, Sr. (1913)

To this day, the Federal Reserve Bank (FRB) remains a United States, European and Global Power structure separate and distinct from the federal U.S. government corporation operating entirely outside the bounds of the U.S. Constitution.

The Federal Reserve Bank (FRB) is a maritime lender and insurance underwriter to the federal U.S. government corporation, that operates exclusively under international “Admiralty/Maritime” law.

The maritime lender or insurance underwriter bears all the risks, and Admiralty/Maritime law compels specific performance by paying the annual interest due, or insurance premiums.

All the assets of the debtor nation state, such as the federal U.S. government corporation, can be “hypothecated”, in other words, pledged as security to pay the federal /national debt by the maritime lender or insurance underwriter. Alarmingly, all the assets of the people of the united states have been “hypothecated” against both present and future “debt (Ø)” that is to be paid one day whenever the note is called.

The Federal Reserve Act of 1913 stipulated that the interest on the federal/national debt was to be paid in gold not in “paper money substitutes (Ø)”. There was no stipulation in the Federal Reserve Act whatsoever for ever paying down the principle on the loan. Thus, an un-payable federal/national “debt (Ø)” was instituted from the inception of the Act. Indeed, this seems crazy, but it is true.

The Federal Reserve Act was never challenged in a U.S. court of competent jurisdiction which would be have been under “Admiralty/Maritime” law.

The Federal Reserve Bank (FRB) is a sovereign Joint Stock Trust fully independent of the federal U.S. government. It does not file a tax return or pay any “taxes”. It is not subject to Title 5, USC or to the scrutiny of the General Accounting Office (GAO). It had never filed statements of assets on any information form until recently kudos to former U.S. Congressmen Ron Paul (R-TX).

“Federal Reserve bonds, including the
capital stock and surplus therein
and the income there-from,
shall be exempt from federal, state and
local taxation, except taxes upon real estate.”
~ 12 USC 531

Not Federal and Nothing in Reserve

The name of the Federal Reserve Bank (FRB), in other words, the “FED”, is deceptive. There is nothing “federal” about the Federal Reserve Bank (FRB) because it is not part of the federal U.S. government. In the Washington D.C. phone directories of yore, the Federal Reserve Bank (FRB) was never listed under U.S. government offices.

There is nothing held on “reserve” in the Federal Reserve Bank (FRB). They project the appearance of being a “system” of regional offices to shift the appearance of power away from Wall Street, but essentially the power is centralized in the Board of Governors. They are not a “bank” because they do not deal with real, constitutional “money ($)”, but only “fiat (Ø)” money.

The stated mission of the Federal Reserve Bank (FRB) was to stabilize banking, but if one analyzes their track record, it has not achieved the stated objectives. It was never the objective of the Federal Reserve Bank (FRB) in the first place. Instead it was a deceptive ploy to get the legislation passed and signed by the U.S. President with a minimum of resistance from the people.

The Federal Reserve Bank (FRB) did, however, achieve the cessation of private capital formation in the hands of We the People by eliminating both the gold (1934) and silver (1968) standards for domestic currency, thus centralizing the power of capital formation in the hands of private international banking cartels.

“The main purpose for establishing
a central banking system in the United States
of America was to ultimately confiscate
100% of the property and assets
of the American people.”
~ Johnny Liberty

Passing the Federal Reserve Act

The Federal Reserve Act of 1913 was passed over a Christmas vacation on December 22, 1913 with merely ten legislative members in session. This was hardly a legal quorum for passing legislation by any stretch of the imagination.

Most of the U.S. Congress was adjourned for the Christmas holidays. Furthermore, “U.S. citizens”, sovereign “state” Citizens, Congress and the President had been fooled by a well-orchestrated propaganda and media campaign into believing that the private international bankers and the Wall Street “money trust” were opposed to the legislation.

Through clever political manipulation, propaganda and a knee-jerk reaction by the press, many of our leaders walked into a well-designed trap to support the Federal Reserve Act of 1913 despite its lack of legal quorum. U.S. President Woodrow Wilson signed the Act under considerable pressure and later regretted his signing the Act by saying. “I am a most unhappy man, unwittingly I have ruined my country.”

“The [Federal Reserve Act] as it stands seems to me to open the way to a vast inflation of the currency…I do not like to think that any law can be passed that will make it possible to submerge the gold standard in a flood of irredeemable paper currency.” ~ Henry Cabot Lodge, Sr. (1913)

We the People Were Our Own Bankers

Before the Federal Reserve Act of 1913 was passed into law, many people owned their own land free and clear of any bank liens, encumbrances or mortgages. We retained sovereign“allodial” title to property with all rights therein.

Conventional mortgages, where one could borrow money to pay for a piece of land or property over the course of thirty years, did not exist. This turned out to be yet another not so subtle property confiscation scheme.

Prior to the Act, one simply acquired land by assignment from a previous owner with a Bill of Sale, paid for in gold or silver coin or notes, then updated the “land patent“and received the true, lawful “allodial” title,which is absolute title and ownership to the land. Back then, land was not registered or recorded via an “equitable deed”.

> HYPOTHECATE – To pledge something as a security without taking possession of it.

After the Federal Reserve Act of 1913, all land and property within the federal U.S.was “hypothecated” to the Board of Governors as “Trustees” of the Federal Reserve Banking System cartel. In any Trust, the “Trustees” hold legal title, and have control over the assets of the third party or the “Beneficiaries”.

> RE-VENUE – To shift jurisdiction from one “venue” or place to another; to shift the jurisdiction from the Republic of the united states of America to the Democracy of the federal United States corporation.

Venue and Citizenship

All that remained to seal the deal was to “re-venue” all sovereign “state” Citizens, along with their land, assets and property, then pursuant to the “Common law” jurisdiction of the united states of America, into the exclusive jurisdiction of the federal U.S. government corporation pursuant to the “Municipal law” of the District of Columbia (D.C.).

Today, the common meaning of “re-venue” is synonymous with “income”. The private international bankers, with the cooperation of the political establishment in Washington D.C., shifted the jurisdiction from one “venue” or place (united states of America) to another (District of Columbia).

After the bankers morphed the meaning of “venue”, they shifted the meaning of “citizens of the United States” from sovereign “state” Citizenship to U.S. citizenship. It was a clever, well-orchestrated slight-of-hand – a magician’s trick.

After the bankers shifted the meaning of citizenship, they made all the people believe that they were subject to paying the federal/national debt of the federal U.S. corporation pursuant to the 14th Amendment of the U.S. constitution, from that day forward, made payable to the Federal Reserve Bank (FRB) via the “income tax”.

U.S. Government Received Unlimited Credit Line

Under the terms of the Federal Reserve Act, the Federal Reserve Bank (FRB) agreed to extend the federal U.S. government an “unlimited credit line” (paper money substitute (Ø)). The “United States” would be loaned all the funds needed by the Federal Reserve Bank (FRB) to expand the power and reach of the federal “United States” empire indefinitely.

Like any other debtor borrowing money from a creditor, the federal U.S. government had to assign collateral and security to their creditors as a condition of the loan. So what did it do?

Since the federal U.S. government did not have any significant assets in 1913, except a small modicum of public property, the government “hypothecated” all the private land and property of their “economic slaves” (U.S. citizens), as collateral (security) against the perpetually, un-payable federal/national debt.

The federal U.S. government, along with their principals/creditors, needed a legal contractual nexus to lure more U.S. citizens and sovereign “state” Citizens into their venue under their jurisdiction, in order to expand the pool of land and property that they could hypothecate, attach and lien. So how did they accomplish this?

By manufacturing wars (WWI, WWII and WWIII), recessions and depressions such as the Great Depression, and then luring people into the Social Security Act of 1938. This not so subtle “conspiracy” created the “welfare state”, accomplished the objectives in less than three generations.

In addition to land and property, the federal U.S. government “hypothecated” and pledged the assets of unincorporated federal territories, national parks and forests (clear-cutting forests is a environmental policy for federal debt reduction), birth certificates (each baby child is registered as property under the U.S. Department of Commerce), as well as all for-profit and non-profit corporations (all equity is owned by the Internal Re-Venue Service), as collateral to the Federal Reserve Bank (FRB)x.

Lastly, but not finally, these “co-conspirators” legislated a 1% federal income tax on corporations and U.S. persons (U.S. citizens and federal U.S. employees) to pay the “interest-only” on this expanding federal/national “debt (Ø)”. In 1913, less than 1% of the people and corporations paid any federal income taxes. This original income tax was effectively repealed by the Internal Revenue Act of November 23, 1921.

“The regional Federal Reserve Banks
are not government agencies.
…but are independent, privately owned and
locally controlled corporations.”
~ Lewis v. United States, 680 F.2d 1239 (9th Cir. 1982)

The Federal Reserve Bank (FRB) is a very private, foreign entity controlled by a cartel of private international bankers. The Federal Reserve Bank (FRB) can sue and be sued in their name, unlike actual government agencies. Each of the regional Federal Reserve Banks (FRB) carries its own liability insurance.

Each conducts its daily activities without any direction from the federal U.S. government. Each pays local property taxes and postage, which is even more evidence of private ownership. Each had listings in telephone directories, but never under U.S. government listings.

The actual “joint stock holders” of the Federal Reserve Bank (FRB) are held by domestic, foreign, and international central banks. According to archival sources, the following list does not reflect the actual ownership.

The Rothschild’s of London and Berlin.
The Lazard Brothers of Paris.
Israel Moses Seif of Italy.
Warburg Bank of Hamburg, Germany and Amsterdam.
Kuhn, Loeb and Co. of Germany and New York.
Lehman Brothers of New York.
Goldman Sachs of New York.
Chase Manhattan Bank of New York
The Rockefeller Brothers of New York.

Formal Charges Against Federal Reserve

On May 23, 1933, U.S. Congressman, Louis T. McFadden, brought formal charges against the Board of Governors of the Federal Reserve Bank (FRB), the U.S. Comptroller of the Currency, and the Secretary of the U.S. Treasury for numerous criminal acts, including but not limited to, conspiracy, fraud, unlawful conversion, and treason. The following is a quote from McFadden’s famous address to the U.S. Congress in 1934.

“Mr. Chairman, we have in this Country one of the most corrupt institutions the world has ever known. I refer to the Federal Reserve Board and the Federal Reserve Banks, hereinafter called the FED.

The FED has cheated the Government of these United States and the people of the United States out of much more than enough money to pay the Nation’s debt. The depredations and iniquities of the FED has cost enough money to pay the National debt several times over.

This evil institution has impoverished and ruined the people of these United States. The FED has bankrupted itself, and has practically bankrupted our Government. It has done this through the defects of the law under which it operates, through the mis-application of that law by the Fed and through the corrupt practices of the moneyed vultures who control it. Some people think that the Federal Reserve Banks are United States Government institutions.

[To the contrary] they are private monopolies which prey upon the people of these United States for the benefit of themselves and foreign customers; foreign and domestic speculators and swindlers; plus rich and predatory money lenders.

In that dark crew of financial pirates, there are those who would cut a man’s throat to get a dollar out of his pocket; there are those who send money into states to buy votes to control our legislatures; there are those who maintain international propaganda for the purpose of deceiving us into granting of new concessions which will permit them to cover up their past misdeeds and set again in motion their gigantic train of crime.”

References:

Wikipedia | History of the Federal Reserve; | Federal Reserve | Who owns the Federal Reserve? “The Board of Governors in Washington, D.C., is an agency of the federal government and reports to and is directly accountable to the Congress.” Federal Reserve SF | Is the Federal Reserve a privately owned corporation? ; Facts Are Facts | The Federal Reserve is privately owned. Citation Needed | Federal Reserve is a Joint Stock Company Trust; Wikipedia | Canon Law; Canon Law Trust.
Citation Needed | Joint Stock Trust Illegal in 1863; Constitution Congress | U.S. Constitution [1:9:3]; No Bill of Attainder or ex post facto Law shall be passed.
Wikipedia | Charles A. Lindbergh, Sr.
Wikipedia | Admiralty/Maritime Law (federal courts derive their exclusive jurisdiction over this field from the Judiciary Act of 1789 and from Article III, § 2 of the U.S. Constitution; Congress regulates admiralty partially through the Commerce Clause.
Wikipedia | Federal Reserve Act of 1913 (text) www.federalreserve.gov/generalinfo/fract/ (text laid out in USC) www.law.cornell.edu/uscode/html/uscode12/usc_sup_01_12_10_3.html; Banking Act of 1933 and Federal Open Market Committee purpose to “promote effectively the goals of maximum employment, stable prices, and moderate long-term interest rates” (12 USC §225a).
“Federal reserve banks,…shall be exempt from Federal, State, and local taxation, except taxes upon real estate.” (12 USC §531).
Brainy Quote | U.S. President Woodrow Wilson.
Brainy Quote | Henry Cabot Lodge, Sr.
Legal Dictionary | Definition of hypothecation.
New definition of “re-venue” by this author.
Wikipedia | Revenue Act of 1913; Statutes at Large for 1921, p.227 www.constitution.org/uslaw/sal/042_itax.pdf
Wikiquote | “Federal Reserve Bank is not a federal agency…Each Federal Reserve Bank is a separate corporation owned by commercial banks in its region”; Lewis v. United States, 680 F.2 1239 (9^th Cir. 1982) www.leadershipbygeorge.blogspot.com/2011/11/federal-reserve-is-private-corporation.html
Ownership of the Federal Reserve Bank. Kuhn Loeb and Co. got its start by exploiting Indians and setting up trading posts for the pioneers; anecdote about Kuhn and Loeb sourced from Free At Last by N.A. Scott, Ph.D., D.D., pp.4-39 (federal reserve is not part of the federal government) www.rainbowwarrior2005.wordpress.com/2008/09/29/federal-reserve-owners-and-history/
The House of Rothschid by Nial Ferguson: Amazon
Speech on Federal Reserve from Louis T. McFadden in the U.S. Congress www.scribd.com/doc/16502353/Congressional-Record-June-10-1932-Louis-T-McFadden

Source: Sovereign’s Handbook by Johnny Liberty (30th Anniversary Edition), Volume 2 of 3, p.30 – 35

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07. Introducing Debt Currency Into Circulation | Money | Sovereign’s Handbook

January 15, 2025January 20, 2025 / Chief Visionary Officer & Founder / Leave a comment

By Johnny Liberty

In the United States, every piece of “paper currency (Ø)” in circulation has been printed by the U.S. Treasury, borrowed from the Federal Reserve Bank (FRB) with interest to be paid back by the federal U.S. government through taxation. Then, every U.S. Dollar (USD) printed is spent into circulation by the government, corporations and the people.

“[Every circulating FRN] represents a one dollar debt to the Federal Reserve System.”

Remember, this is a debt note that can never be paid back except through sweat, labor, hard work, the confiscation of assets, property and by taking away your unalienable sovereign rights and freedom.

We the People have unwittingly surrendered the lawful, constitutional money system to the international central bankers. We have accepted, without protest, a ”fiat (Ø)”money supply instead of real money ($). This fundamental act has destroyed our once great nation and ultimately enslaved our people economically. History repeats itself again and again, ad nauseum.

Global Economic Speculation and Casino Gambling

In our present global business model, the only way a nation’s economy can grow, develop and expand is by exponentially increasing the amount of debt in circulation. Every piece of paper currency in circulation incurs an escalating debt with interest to be paid via taxation.

Thus, the “fiat (Ø)” money supply increases both paper currency and much more frequently as electronic widgets inside a licensed central bank computer. The result of this expansion is inflation, devaluation and ultimately bankruptcy.

The financial end game for Western banking is on the brink of collapse, and may be very soon, as the U.S. government corporation cannot sustain the interest payment to the Federal Reserve Bank (FRB). Today, the total income of the federal U.S. government is not enough to make the annual interest payment on the national/federal debt.

In this economic model, stock markets soar and crash, currencies inflate and devaluate, consumer prices rise, and speculation is risky business on Wall Street. Our political leaders, and the central banks, are running the global economy like a casino gambling operation, and it is soon headed for a major adjustment or crash. Prepare yourself now for a tidal shift ahead, if it has not already happened by the time you read this book.

“In the 1970s, only 20% of all global investment and trade was speculative by nature, and 80% was directly related to the exchange of goods and services. By 1990, those figures had reversed. In 1993, only 5% of all global economic transactions were directly related to the exchange
of goods and services.” ~ Wilfred Guth of the Deutsche Bank

Fractional Reserve Banking

Inflation is not only created by the issuance of paper money substitutes, but also created with negotiable instruments such as “checks (Ø)” and “fractional reserve banking”.

A convincing illusion has been perpetrated via media propagandists that there is a limited supply of paper currency (Ø) and a reserve (Ø) must be kept on hand if a lot of people suddenly need to withdraw “cash” from the bank or ATM.

Did you know that the Federal Reserve Bank (FRB) and other international central banks routinely create “fiat (Ø)” paper currency, and electronic ledger entries, out of thin air? Did you know that the commercial banks with brands you are most familiar with are nothing more than separate accounting divisions of the Federal Reserve Bank (FRB)?

Here is a short summary of how “fractional reserve banking” works. Assume a legal central bank’s “reserve requirement” is 10%, although it is usually much less. For example, the local commercial bank (US Bank) down the street retains 10% (9:1) of your deposit just in case you want it back in paper currency or “cash”.

If you deposit Ø1,000 in the commercial bank, no sooner does it hit their cash box than you’ve created a Ø9,000 line of credit (Ø) so the bank can loan it to the guy in the line behind you, or invest in any thing else they want (stocks, bonds, real estate) at prevailing rates of interest. It is that simple.

This is how commercial banks create “money (Ø)” out of thin air. They also create income through service charges or bounced check fees. If you bounce a check (Ø), you pay a bounced check fee. If the commercial bank writes a bad check (Ø), it is legally called a “loan (Ø)”. All that is actually happening is that you are exchanging one promissory note for another.

Wow, that is incredible. Wouldn’t we all like to be able to create money out of thin air as the commercial banks do? That is such easy “money (Ø)”. But even to contemplate such an act could land you in prison for “conspiracy to counterfeit (Ø)”. Through legislative consent outside of the bounds of the U.S. constitution, both commercial and central bankers have acquired the licensed privilege to create money out of thin air. Then you are the one who must pay and pay and pay. This is the greatest scam of all times.

Commercial and central banks make a fortune from the ignorance of We the People. “Fractional reserve banking” is the reason banks compete for deposits in either checking or savings accounts. By depositing funds in a bank, you are expanding the national economy and unwittingly impoverishing yourself via inflation.

It works similarly when you use your credit card to make a purchase. Suddenly, moments after you swipe the credit card, “money (Ø)” springs into existence. No “money (Ø)”is actually loaned by the bank to the retailer. This is magic and bankers are the magicians!

While Banks Grow Richer, You Fall More Deeper Into Debt

Do you still wonder why the banks keep getting richer and richer and foreclosing on more and more property from the people? Do you still wonder why all the largest buildings downtown have the name of commercial banks on them?.

There are trillions of dollars of “bad checks (Ø)” in circulation which have created all this public and private debt. This is evident as the national debt, both funded and unfunded obligations are growing exponentially.

Current monetary policy has legalized check kiting, fraud, racketeering, and counterfeiting, with a lawful basis for repudiating both private and public debt. Perhaps you can now understand what a criminal and corrupt enterprise the Federal Reserve Bank (FRB) and their political cronies in government are running?

The Federal Reserve Bank (FRB) controls the money supply, interest rates, the velocity or speed of introduction of paper currency (Ø). Today, when the Federal Reserve Bank (FRB) prints an excess of new paper currency (Ø), thereby inflates and simultaneously devalues the paper currency, they call it a fancy term – “quantitative easing”.

The Federal Reserve Bank (FRB) has access to an unlimited supply of paper currency (Ø), paying the U.S. Treasury only the printing costs. Checks and electronic ledger entries of both credits and debits total far more than 95% of all deposits and transfers. Securities, bonds, mortgages, buildings, land, and stocks compose most of the hard tangible assets that banks own.

MONEY SUPPLY • INTEREST RATES • VELOCITY

The Federal Reserve Bank (FRB) can increase or decrease the “fractional reserve” requirements at will. Therefore, a “run on the bank” could not actually happen as it once did in the past. The central bank simply prints as much paper currency (Ø) as they need to retain confidence and control of the system.

The reason for “fractional reserve”requirementsis to regulate the greed of the member banks, and most importantly to maintain a certain level of quality in the investment portfolios. These portfolios have degraded significantly since the mortgage fraud and derivative investments which contributed to the Great Recession of 2008.

Federal Reserve Notes (FRNs) are nothing more than promissory notes for U.S. Treasury securities (T-Bills) — a promise to “pay (Ø)” an un-payable debt to the Federal Reserve Bank (FRB) in gold or silver.

Have you borrowed paper money (Ø) to consolidate your debt only to discover you were more indebted than before? It is because you did not actually “pay (Ø)” the debt. Instead, you restructured the debt for future “discharge (Ø)”, but it was never paid-in-full.

Our economic/financial lives have been reduced to managing debt and earning paper money (Ø) to service an ever growing liability, both private and public. This, wise friend, is economic slavery.

Paying or Discharging Debt?

There is a fundamental difference between resolving and “discharging (Ø)” a debt. To “pay (Ø)” a debt, you must pay with value or substance (i.e. gold, silver, barter or a commodity). With FRNs, you can only “discharge (Ø)” a debt.

You cannot resolve a debt in a debt currency system. You cannot resolve a debt with a paper currency (Ø) without being backed by substance. Additionally, there is no valid or lawful contract under the Common law unless it involves an exchange of “good and valuable consideration, in other words, real money ($)”.

> ECONOMIC SLAVERY—A total loss of ones control over your financial affairs; working for no reward, no “money,” no substance, no asset accumulation; working for an unseen master; unknowingly surrendering ones property and assets to public indebtedness; invisible and undeclared bankruptcies.

The truth is we are doing business in “counterfeit (Ø)” paper currencies issued by the United States and European Power structure, an elite cartel. Are we bankrupting ourselves and our children into economic slavery? Wise up America.

“There is a distinction between a ‘debt discharged’ and a debt ‘paid.’ When discharged, the debt still exists though divested of its charter as a legal obligation during the operation of the discharge, something of the original vitality of the debt continues to exist, which may be transferred,
even though the transferee takes it subject to its disability incident to the discharge.”
~ Stanek v. White, 172 Minn. 390, 215 N.W. 784

Lawful Money as Gold or Silver

The net result of the Federal Reserve System is a hugely devalued dollar (Ø1 dollar in 1913 becomes Ø100 in 2022 or Ø20 dollars in 1913 becomes Ø2,000 in 2022). That’s a cumulative inflation rate of 10,000% in 109 years. Inflation over time is a hidden tax and essentially taxes the earnings of future generations.

The result is a persistent decline in real Individual income, an increasing un-payable national/federal debt (Ø30.4 trillion in 2022), an accelerating exponential debt curve, and ultimately the transfer of all the property and assets of the people of the united states of America to the international centrals bankers and the United States, European, Russian and Chinese Power structures behind them.

“The Federal Reserve debt note system was
established by U.S. Congress under its
‘District’ powers because the Constitution
required a gold or silver standard.”
~ International Tax Technologies

The United States and state constitutions prohibited the issuing of foreign bills of exchange (FRNs), or making anything except gold or silver as legal tender in the payment of debts. The Founders considered this an important check and balance against the encroachment of foreign money in the new Republic.

Why do We the People continue to allow this grand theft to occur, in broad daylight, without taking a stand for the constitutional Republic, and our own sovereign rights?

“No State shall…make any Thing but gold and
silver Coin a Tender in Payment of Debts.”
~ U.S. Constitution [1:10:1]

Lawful, constitutional and honest money ($) is coined or printed by the U.S. Treasury and spent into circulation by the federal U.S. government. The $5 U.S. Note and JFK’s $2 bill were interest-free. These are the constitutional components of a sound monetary system.

References:

“Represents a debt.” Javelin Press | Goodbye April 15^th by Boston T. Party (Javelin Press, Austin, Texas, 1992, pp.4/3-4/11); Federal Reserve Bulletin www.federalreserve.gov/publications/bulletin.htm
Wikipedia | Comparison Between U.S. states and sovereign states by GDP; Wikipedia | List of states and territories of the United States by GDP; Quote from Wilfred Guth of the Deutsche Bank; Javelin Press | Goodbye April 15^th by Boston T. Party (Javelin Press, Austin, Texas, 1992, pp.4/3-4/11); Federal Reserve Bulletin www.federalreserve.gov/pubs/bulletin; Wikipedia | Dodd-Frank Wall Street Reform and Consumer Protection Act.
Wikipedia | Fractional Reserve Requirements; The 2014 fractional reserve requirements for commercial banks is 0% for accounts under Ø14.5 million, 3% (33:1) for accounts between Ø 14.5 – Ø 103.6 million and 10% for accounts above Ø103.6 million; Federal Reserve | Monetary Policy.
Javelin Press | Goodbye April 15^th by Boston T. Party (Javelin Press, Austin, Texas, 1992, pp.4/3-4/11); Federal Reserve Bulletin www.federalreserve.gov/publications/bulletin.htm
Trading Economics | Money Supply; Investopedia | Quantitative Easing
Ibid.
Definition of “economic slavery” coined by Johnny Liberty.
Court Listener | Stanek v. White, 172 Minn. 390, 215 N.W. 784.
Historical Devaluation of U.S. Dollar https://mykindred.com/cloud/TX/Documents/dollar/; Inflation Calculator: https://www.usinflationcalculator.com; U.S. Debt Clock www.usgovernmentdebt.us
Quote from International Tax Technologies (defunct).
Constitution Congress | U.S. Constitution 1:10:1]. No State shall enter into any treaty…
Wikipedia | United States Note www.theeconomiccollapseblog.com/archives/debt-free-united-states-notes-were-once-issued-under-jfk-and-the-u-s-government-still-has-the-power-to-issue-debt-free-money; Wikipedia | Executive Order #111110.

Source: Sovereign’s Handbook by Johnny Liberty (30th Anniversary Edition), Volume 2 of 3, p.22 – 26

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