09. Short History of the Income Tax | Social Security & Taxation | Sovereign’s Handbook

January 19, 2025January 19, 2025 / Chief Visionary Officer & Founder / Leave a comment

By Johnny Liberty

The Federal Reserve Bank (FRB) requires “withholding” from employee’s income as an economic mechanism to mitigate the damage from spiraling inflation, while concealing currency devaluation. In addition “withholding” keeps your hard-earned Federal Reserve Notes (FRNs) out of circulation so you cannot spend them as disposable income. The contemporary “income tax” system, as bizarre as it is, is an essential component of the Western debt-based central banking system.

By keeping Federal Reserve Notes (FRNs) out of circulation through “withholding”, economic controls are more effective. By maintaining employee net income as near to subsistence as possible, the Citizen is effectively prevented from engaging in meaningful political activity to threaten the global elite’s monopoly over the political, economic and legal systems.

First Income Tax for Federal Employees

During the American Civil War, the first version of an “income tax” was implemented for federal U.S. government employees only, and once again after the corporate income tax was repealed. The U.S. Congress have been taxing the incomes of federal U.S. government employees since 1861.

Second Income Tax for Corporations

The second version on the income tax was a corporate tax introduced concurrently with the Federal Reserve Act of 1913 to off-set the debt incurred by the federal U.S. government corporation to the Federal Reserve Bank (FRB). This was yet another attempt to impose a direct tax on wages.

The U.S. Congress authorized a “voluntary” income tax in 1913 for corporate “persons”, under the very popular guise of “soaking the rich for the sake of the poor”. The income tax for corporations was promulgated simultaneously with the alleged ratification of the 16th Amendment. It was repealed by the Internal Revenue Act (Nov. 23, 1921).

At this juncture, a surtax on individuals was implemented to offset the corporate income tax. These taxes, which became known as income taxes via the Public Salary Tax Act of 1939, were issued against the government returns for public officials.

Income Tax Goes Directly to the Federal Reserve Bank (FRB)

Before online banking and electronic fund transfers, we wrote paper checks to pay bills and our “income taxes”. If you noticed the stamp on the back of your cashed check from the IRS, you would have noticed that your check payment was endorsed by the Federal Reserve Bank (FRB), not the U.S. Treasury or the IRS.

As we stated previously, the Grace Commission Report on Government Waste (1984) concluded that not one dime of your hard-earned tax money goes to pay for government services. All “income tax” payments service the interest only on the federal/national “debt (Ø)”.

All “income tax” collected goes to service an un-payable federal/national “debt (Ø)”, and is the greatest fraud ever perpetrated upon the We the People.

Since we have already asserted that the International Monetary Fund (IMF) via the Federal Reserve Bank (FRB) is a primary principal/creditor of the federal U.S. government corporation, any “income tax” received would be directly routed to the principal-creditor – just like any other bankrupt entity. This is additional prima facie evidence of the bankruptcy of the federal U.S. government corporation.

“The greatest challenge our tax system faces in the 1990s is to ease the burden on taxpayers. Once people conclude that it is too difficult, too time consuming, too expensive to comply, many will stop complying.”
~ Fred Goldberg, IRS Commissioner

Apportionment as Rule of Law

The IRS has no lawful or delegated authority to assess and collect income taxes. The original U.S. Constitution strictly forbade the federal U.S. government from imposing any “direct” tax upon individuals.

The U.S. Congress could, however apportion direct taxes to a state, but not to the individuals within the state. A capitation means a “head tax”, “poll tax”, “per capita tax” or direct “income tax”, and is not permitted, unless equally apportioned to each state. This is the apportionment rule of law.

“No capitation, or other direct tax shall be laid, unless in proportion to the census
or enumeration herein before directed to be taken.”
~ U.S. Constitution [1:9:4]

“Representatives and direct taxes shall be
apportioned among the several States
which may be included within the Union
to their respective members…”
~ U.S. Constitution [1:2:3]

These original sections of the U.S. Constitution have never been repealed or lawfully amended, and the 16th Amendment, as passed, is invalid. The U.S. Constitution still today forbids direct taxation of individuals.

“Any direct tax that is not apportioned is unlawful.”
~ Commissioner v. Obear-Nester, 349 U.S.948 (1954)

Our Founders intentionally limited the taxing powers of the federal U.S. government so as to keep it small. “[the federal government] has no authority to raise either [men or money] by regulations extending to the individual [state] Citizens of America.”

Apportionment can be a protective shield against direct taxation for all sovereign “state” Citizens providing you are “domiciled” in one of the 48 sovereign states, and not a resident (or franchisee) of the federal United States.

16th Amendment Created No New Taxing Powers

The Internal Re-Venue Service (IRS) claims the 16th Amendment gives them the constitutional authority to impose and collect direct taxes, despite the fact that the U.S. Supreme Court ruled the 16th Amendment created no new power of taxation, thus, did not amend or change the constitutional limitations forbidding direct taxation on individuals.

Additionally, as can be shown, the 16th Amendment (1913) was never lawfully ratified by the sovereign “states” of the Union.

16th Amendment Improperly Ratified

According to The Law That Never Was, authors Red Beckman and Bill Benson traveled to all the State Capitols to obtain certified copies of the official voting records of the thirty-six states that allegedly ratified the 16th Amendment.

By careful accounting, thirty-two states had committed grievous departures from acceptable procedure during the ratification process. In the official canvas of the first nineteen (19) Amendments of the U.S. Constitution, the U.S. President’s signature is glaringly missing from the 16th Amendment. This is another story in a long history of frauds perpetrated upon We the People.

The real purpose for the 16th Amendment was to create a smoke screen, making it appear that constitutional restrictions on direct taxing had been abolished. But once the smoke had cleared, the Citizens would soon forget and the income tax would further encroach upon the assets and rights of the people who ever increasingly pay tribute to the Federal Reserve Bank (FRB) and their foreign principals-creditors.

“The Congress shall have the power to lay
and collect taxes on incomes,
from whatever source derived, without
apportionment among the several states,
and without regard to any
census or enumeration.”
~ 16th Amendment

Third Income Tax For Appointed and Elected Government Officials Engaged in Business

The current Subtitle A tax and Subtitle C Social Security and related taxes have never applied to anyone other than appointed and elected government officials engaged in United States trade or business (defined at IRC §7701(a)(26)).

Victory Taxes After WWII

The U.S. Congress did not make the income tax “mandatory” until World War II, when a “victory tax” was imposed on “wages” as an “National Emergency” measure to help pay for the war. In contrast, both before and after World War II, “wages” were not subject to federal income taxes.

The U.S. Congress morphed the “victory tax” into the modern version of the “income tax” a few years after WWII to finance the Cold War debt, the rising military-industrial complex, and foreign-aid corporate programs to other developing countries.

No Direct Tax, Wages Are Not Income

Because many of the “citizens of the United States” weren’t paying attention after World War II, as many are today, We the People did not realize that the federal U.S. government could not constitutionally impose any direct “income tax” on their wages or property. They assumed that “wages” were income; thus, they volunteered to be taxed. Once again, Citizens swallowed a fraud and a hoax, and were left confused and holding the bag.

Several federal courts have ruled that states are prohibited from imposing an indirect tax upon an unalienable right (no sales tax on food items). Your right to work is an unalienable right and many states have right to work laws whereby the government cannot license or tax your right to work in the profession of your choice.

According to the Internal Revenue Code (IRC), “wages” are not taxable because they are not defined as “income”.

What is Taxable Income or Gain?

A lawful tax liability is created from an increase or gain in the value of property, not from gross income, providing you are a person required to file and report.

Where income from private enterprise is defined as property, it is generally exempt from direct tax under fundamental law. “Wages”, salary and other returns from public service are deemed to be privileged, commercial enterprises due to government-granted benefits, thus, are considered to be taxable. In other words, the “income tax” is nothing more than an excise tax levied against privileges and benefits derived from federal government service.

Income is Defined in the IRC in the Same Light as a Schedule C, Standard Business Calculation

David Myrland’s Our Uncle, Our Problem demonstrates that IRC § 7701(e) (contract for lease of property) relative to IRC §83 calculations (of the fair market value) and IRC §1011, 1012, 1014 (adjusted basis of property transferred) confirms this.

GROSS INCOME (minus) EXPENSES = INCOME (PROFIT or GAIN)
or INCREASE OF VALUE

In calculating “gross income”, 26 USC §83 applies to all compensation for services. §1.83-4(b)(2) requires that the cost of compensation for services is to be figured by applying the provisions of §1012 and the regulations hereunder.

Regarding 26 USC §83 calculations, ask these questions. Where, under §1012, is the exclusion of intangible personal property, such as labor, from property that is to be treated as a cost?

Which specific provisions exclude my compensation from the provisions of §83? How am I to comply with the provisions and requirements of §83?

As an independent contractor or employee, does §83 allow the taxation of the fair market value of services, received as a fee or wage?

Labor is Property, Not Taxable Income

If you are selling your labor to an employer, then labor is your property. Your labor is your property, therefore not taxable. If you are exchanging labor for a paycheck, then zero gain = zero tax. This is the same as if you are breaking even, not making a “profit”.

The same calculation applies for both cash or bartered exchanges. The entire income tax code has nothing to do whatsoever with “wages”, but “profit”, “gain” and “increase” in value.

NO INCOME = NO INCOME TAX
NO PROFIT = NO GAIN

As an “employee”, you are not even required to keep books and records.

“Compensation for labor (wages) cannot be regarded as profit within the meaning of the law. The word ‘profit’ …means the gain made upon any business or investment – a different thing altogether from mere
compensation for labor (wages).” ~ Oliver v. Halstead, 196 Va. 992 (1955)

“[The IRS] taxes only income ‘derived’ from many different [U.S.] sources; one does not ‘derive income’ by rendering services and charging for them.”
~ Edwards v. Keith, 231 F.110

References:

Wikipedia | Internal Revenue Act of 1921, §213, pp.237 and 238; IRC of 1954, §3401(c), people identified as “employees” amended in 1986].
Cornell Law | United States v. Constantine, 296 U.S. 233, 56 S.Ct. 223, 80 L.Ed 233 (1935).
GovInfo | U.S. Government Manual, p.794, 1995/96 edition.
Wikipedia | Grace Commission Report on Government Waste (1984); Free At Last by N.A. Scott, Ph.D., D.D., pp.2-5; Family Guardian | Confirms the allegation that the income tax revenues go 100% to pay the interest on the national debt and not a single nickel of it goes to the government; Citizens Against Government Waste
Wikipedia | Fred Goldberg, IRS Commissioner.
Wikipedia | U.S. Constitution [1:9:4]; Limits on Federal Power.
Wikipedia | U.S. Constitution [1:2:3]; House of Representatives.
Court Listener | Commissioner v. Obear-Nester, 217 F.2d 56 (7th Cir 1954).
Founders Archives | The Federalist Paper #15 by Alexander Hamilton, Modern Library.
Justia | Brushaber v. Union Pacific Railroad, 240 U.S. 1 (1916).
The Law That Never Was | The Law That Never Was by Red Beckman and Bill Benson; Amazon; Senate Document 240. Regarding the supposed ownership of the IRS; Pandora’s Box by Alexander Christopher, p.523 (IRS is owned by R.E. Harrington Insurance Company of England which had its roots in the original Virginia Company that colonized the southern part of the USA) www.archive.org/details/PandorasBoxAlexChristopher1993
Cornell Law | 16^th Amendment, U.S. Constitution.
Javelin Press | Goodbye April 15th by Boston T. Party (Javelin Press, Austin, Texas, 1992) (income tax is for public employees).
Congressional Record | Congressional Record for March 27, 1943, p.2580.
Citation Needed | Our Uncle, Our Problem by David Myrland. regarding IRC §7701(e) (contract for lease of property) relative to IRC §83 calculations (of the fair market value) and IRC §§1011, 1012, 1014 (adjusted basis of property transferred).
Ibid.
Javelin Press | Goodbye April 15th by Boston T. Party (Javelin Press, Austin, Texas, 1992) (wages are not taxable as income).
Justia | Oliver v. Halstead, 196 Va. 992 (1955); People ex rel. Thomas B. Needles, Auditor, 90 Ill. 166. “Reasonable compensation for labor or services rendered is not profit.” Laureldale Cemetery Association Matthews, 354 Pa. 239, 47 A.(2d) 277; The word “profit” is defined in Black’s Law Dictionary (3rd ed.) as “The advance in the price of goods sold beyond the cost of purchase. The gain made by the sale of produce or manufactures, after deducting the value of the labor, materials, rents, and all expenses, together with the interest of the capital employed.” There is a clear distinction between “profit” and “wages” or compensation for labor. “Compensation for labor can not be regarded as profit within the meaning of the law. The word ‘profit’, as ordinarily used, means the gain made upon any business or investment — a different thing altogether from mere compensation for labor.”
Case Law Vlex | Edwards v. Keith, 231 F.110 (2nd Cir 1916).

Source: Sovereign’s Handbook by Johnny Liberty (30th Anniversary Edition), Volume 2 of 3, p.85 – 90

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09. What is the Internal Re-Venue Service? | Social Security & Taxation | Sovereign’s Handbook

January 19, 2025January 19, 2025 / Chief Visionary Officer & Founder / Leave a comment

By Johnny Liberty

In the simplest terms, the Internal Re-Venue Service (IRS) is a private collection agency for the Federal Reserve Bank on behalf of the International Monetary Fund (IMF) which is a principal/creditor of the perpetually bankrupt federal U.S. government corporation. Of course, this courageous assertion is taboo to even discuss, let alone bring into the light, in these times.

IRS Authority

As a record management agency, the Internal Re-Venue Service (IRS) presumes authority over all Citizens to assess and collect federal income taxes from any source derived.

As may be shown in the following, this has been a monumental fraud which has been perpetrated upon We the People for over one-hundred and ten years while the U.S. Congress, U.S. President and U.S. Supreme Court, with few exceptions, have all gone along for the ride.

Please consider all three historically convoluted lines of legal construction detailed as follows. Afterward, we would imagine that any intelligent and thoughtful individual would only conclude that the IRS is a massive con game foisted upon the ignorance, complacency and fear of the people.

Commissioner of Internal Revenue

Firstly, the original office of the Commissioner of Internal Revenue, created by the Revenue Act of 1862 (12 Stat 432), was in the Treasury Department. However this office was effectively abolished with promulgation of the Revised Statutes of the United States 1873.

The current office of the Commissioner of Internal Revenue (IRC §7802), is not in the Treasury of the United States (Treasury Department). Instead, it is in the Department of the Treasury, Puerto Rico.

In the early part of the 19th century, provisional governments for the Philippines and Puerto Rico, operating chiefly under supervision of the Navy, established entities known as the Bureau of Internal Revenue.

The first by way of Philippines Trust #2 (internal revenue), the second by way of Puerto Rico Trust #62 (Internal Revenue). When the Philippines became an independent commonwealth in 1946, only one of these trusts remained. The Secretary of the Treasury still administers this trust.

National Prohibition and 18th Amendment Repealed by 21st Amendment

Secondly, when the 18th Amendment effecting national prohibition was ratified in 1919, it granted concurrent state and federal authority relating to the production and distribution of distilled spirits.

However, the 21st Amendment repealed the 18th in 1933 and effectively terminated federal police powers. The Federal Alcohol Commission was enacted in 1935. However, it never got off the ground due to the Constantine case.

Functions of the Federal Alcohol Commission were merged with the Bureau of Internal Revenue, Puerto Rico, not the Internal Re-Venue Service as we know it in the united states of America today.

Bureau of Internal Revenue Morphed Into Internal Re-Venue Service (IRS)

Thirdly, the Internal Re-Venue Service (IRS) as we know it today did not formally come into existence until the name of the Bureau of Internal Revenue was changed to the Internal Re-Venue Service (IRS) via Treasury Department Order (T.D.O.) #150-29 in 1953.

The fact that the U.S. Congress never created a Bureau of internal Revenue is verifiable in the U.S. Department of Treasury history of the United States internal revenue laws.

From 1953 until 1972, the IRS continued to have responsibility for the administration of the Federal Alcohol Administration Act. The Bureau of Alcohol, Tobacco and Firearms was established and segregated from the IRS via Treasury Order #221, effective July 1, 1972.

The fact that BATF still administers the Federal Alcohol Administration Act is verified at 27 CFR, Part 1.1, and in definition at 27 CFR, Part 1.5, and the solid link with the Department of the Treasury, Puerto Rico, is made by definition at 27 CFR, Part 250.11.

Delegation of Authority

The IRS does not have any legitimate “delegation of authority” at the federal level from the U.S. Congress. Title 26 of the Internal Revenue Code (IRC) is often cited by the IRS to justify their authority to assess and collect income taxes.

The Internal Revenue Code (IRC) authorizes the Treasury Department (Treasury of the United States) to administer internal revenue taxes of the United States in the continental United States, not the Internal Re-Venue Service of the Department of the Treasury.

Title 26, though, never passed as “positive” law, and the implementing statutes are missing. The IRS collection process is legitimate providing that they obey the laws and assess the tax on the proper persons, but the assessment process is a complete and total fraud.

All legitimate delegations of authority at the federal level must be “filed” and “published” in the Federal Register.

The Presidential Reorganization Plan No. 26 of 1950 divested the IRS Commissioner of all authority to enforce the 1939 Internal Revenue Code and vested all such authority to the Secretary of the Treasury. The U.S. Treasury has re-vested to the IRS only the following authority.

“The Commissioner shall, to the extent
of authority otherwise vested in him,
provide for the administration of the
United States Internal Revenue laws
in the U.S. territories and insular possessions
and other authorized areas of the world.”
~ Treasury Order 150-01

The U.S. Congress authorized the President to re-delegate authority to various administrative departments and department heads. Most of the core Executive Order (EO) delegations are published immediately following 3 USC §301 (1994 edition). Where the Secretary of the Treasury is concerned, key Executive Order delegation is EO #10289.

Authority delegated by the U.S. President, so far as “Internal Re-Venue” is concerned, addresses custom laws, particularly with respect to narcotics and related drugs, the anti-smuggling act, other maritime activity, and authority in offshore territories of the “United States” such as Puerto Rico, etc.

No authority relating to internal revenue laws prescribed in Subtitles A and C of the Internal Revenue Code is mentioned. That EO #10289 is the authority for the Secretary of the Treasury to establish revenue districts is verified at 26 CFR §301.7621-1.

In the Parallel Table of Authorities and Rules, located in the index of the Code of Federal Regulations, reveals that the authority to establish revenue districts does not apply to the Union of sovereign states of the republic, as parties to the U.S. Constitution.

The Secretary of the Treasury in turn delegated authority to the Commissioner of Internal Revenue by way of Treasury Department Order (T.D.O.) #150-42, effected July 27, 1956 (Federal Register, pg., 5852).

Therefore, we find no authority cited for any delegation of authority in the Union of sovereign states of the republic.

“The Commissioner shall, to the extent
of authority vested in him,
provide for the administration
of the United States Internal Revenue laws in
the Panama Canal Zone, Puerto Rico,
and the Virgin Islands.”
~ Treasury Department Order 150-42

“No inference, implication or presumption
of legislative construction shall be drawn
or made by reason of the location of grouping
of any particular section
or provision or portion of this Title [26],
nor shall any table of contents,
table of cross references, or similar outline,
analysis or descriptive matter
relating to the contents of this Title
be given any legal effect.”
~ 26 USC Section 7806(b)

In summary, these three historical lines demonstrate the most bizarre and convoluted income tax scheme ever legally perpetrated against a developed nation.

References:

Wikipedia | Revenue Act of 1862, 12 Stat 432.
Wikipedia | Commissioner of Internal Revenue; Cornell Law | Internal Revenue Code.
Cornell Law | Trust Funds. 31 USC §1321.
Census | 21st Amendment repealed the 18th and terminated federal police powers; Federal Alcohol Commission enacted, but did not get off the ground.
1215 | Who and What is the IRS? by Dan Meador (April 1, 2000) and B.A.T.F. ? IRS Criminal Fraud by William Cooper; Federal Alcohol Commission merged with Bureau of Internal Revenue, Puerto Rico; Family Guardian | The Great Income Tax Hoax: Why We Don’t Owe Income Tax by Dan Meador.
§1111.2 in Internal Revenue Manual 1100, published variously in the Federal Register, particularly at 36 F.R. No. 12, for Tuesday, Jan 19, 1971, at page 850.
Cornell Law | 26 USC §7701(a)(12)(A) and at §7805(a).
Wikipedia | Administrative Procedures Act of 1946 in 5 USC §552(a) with 60 Statutes at Large 237 at Ch. 324; Codified in 26 CFR 1.6001-1, 1.6011-1 and 1.6012-1 (all delegations of authority must be filed and published in the Federal Register www.federalregister.gov; Records www.law.cornell.edu/cfr/text/26/1.6001-1 and General Requirement of a Return www.law.cornell.edu/cfr/text/26/1.6011-1 and Individuals Required to Make Returns www.law.cornell.edu/cfr/text/26/1.6012-1; International Tax Technologies (IRS has no delegated authority).
U.S. Treasury | Treasury Department Order 150-10 (April 22, 1982).
Note: Re-Venue means to shift the “venue” from one location or place to another. It has become synonymous with “income” or the intake of funds.
Cornell Law | EO #10280. 26 CFR §301.7621-1. (Sep 17, 1951); 21 Fed Reg, p.5852 (7/27/56) (no longer can be found).
51 Fed Reg. pg 9571 (2/27/86) (no longer can be found).
Cornell Law | 26 USC §7806(b).
Family Guardian | The Great Income Tax Hoax: Why We Don’t Owe Income Tax by Dan Meador, an excellent brief on the history of the Internal Re-Venue Service.

Source: Sovereign’s Handbook by Johnny Liberty (30th Anniversary Edition), Volume 2 of 3, p.77 – 80

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

January 17, 2025January 18, 2025 / Chief Visionary Officer & Founder / Leave a comment

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:

Sourced from Bruce Cockburn’s Stealing Fire.
NIghtingale-Conant | Prosperity Consciousness by Fredric Lehrman (audios).
Quote by Johnny Liberty.
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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08. Borrowing Forever From the Future | Bankruptcy | Sovereign’s Handbook

January 17, 2025January 18, 2025 / Chief Visionary Officer & Founder / Leave a comment

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:

Creature from Jekyll Island by Edward G. Griffin (American Media, 1994); Amazon
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

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08. Balancing the Budget Fiasco | Bankruptcy | Sovereign’s Handbook

January 17, 2025January 18, 2025 / Chief Visionary Officer & Founder / Leave a comment

By Johnny Liberty

Anyone with basic arithmetic skills can understand that in a debt-based “fiat (Ø)” paper currency system, one can never balance the budget or pay the “debt (Ø)” . One can only expand the economy by expanding the debt, thus giving the appearance of prosperity and progress for all. So what is all the budget balancing fuss in the halls of U.S. Congress really about? A “balanced budget”amendment is an essential requirement if the “money ($)”system is ever to be restored under the U.S. constitution.

DEBT CAN NEVER BE PAID

Burdening the Public with Debt

The U.S. government’s practice of burdening the public with debt was astutely addressed by economist Henry George in 1904. People in debt are told that they are benefiting from their negative asset condition, but it is their children who suffer, he observed.

“The institution of public debts…rests upon the preposterous assumption that one generation may bind another generation.” George recognized that foisting debt upon the public is an exercise that would involve “a flagrant contempt for the natural and unalienable rights of humanity.”

George wrote that drawing on wealth that has not yet been created not only robs our progeny, but creates dangerously concentrated power in the hands of government and banks that is certain to be abused. The only ones who gain by such an arrangement are “those who get control of governments.”

These Power structures are able to amass massive sums clandestinely this way, because outright taxation to acquire the prodigious amounts that they want would immediately arouse indignation, resistance and revolution.

EXPONENTIAL DEBT CURVE

U.S. Federal / National Debt

The official tally of the Ø30.4 trillion U.S. federal debt (2022) is actually much closer to Ø168.9 trillion if you include unfunded liabilities and entitlement programs. During government budget crisis shutdowns, the debt ceiling is raised in yet another undeclared bankruptcy of the federal U.S. government. The U.S. Debt Clock provides current statistics online and what “fair share” of the federal/national debt is estimated to be yours. www.usdebtclock.org

The National Debt (federal deficit) grows exponentially every second, with interest compounded daily. Total U.S. Debt per Citizen is Ø91,319 dollars (2022) or Debt per Taxpayer is Ø242,500 dollars (2022) compared with merely $131 U.S. Debt per Citizen in 1930. Interest on the debt alone is Ø3.7 trillion (2022) while federal spending is Ø6.3 trillion (2022). Keep in mind that the federal/national U.S. Debt does not include personal or household debt accrued from banks and credit cards.

Dipping Into Social Security Trust Funds

Back in the 1990s, former U.S. Secretary of Treasury Robert Rubin admitted that borrowing funds from the Social Security Trust Fund keeps the government afloat; “a simple electronic entry”, he called it.

Unfortunately, there is no actual account to hold Social Security Trust funds safely out of reach of government officials. As money funnels into the U.S. Treasury, it lands in a general fund. When that U.S. Treasury fund is empty, anything borrowed from any source is just an electronic entry. Therefore, it is no surprise that so many funds have simply gone missing and unaccounted for.

Investment banker and chairman of the Council of Foreign Relations (CFR), Peter G. Peterson announced on CSPAN in 1994 that the U.S. government had borrowed trillions from the Social Security Trust Fund.

Off Budget Expenses

How many dollars have been raided from the government’s forty-seven (47) trust funds? These are hidden debts which the government cleverly terms as “off-budget” and “unfunded liability” items.

The federal/national debt also rises due to “black budget” expenditures which fund an array of the nation’s huge intelligence and national security apparatus. These enormous budget items are off limits to scrutiny for reasons of “national security”. Not even the U.S. Congress or the U.S. President are aware of these expenditures or where the funds go. Another contributing source of the federal/national debt are underfunded programs such as the federal U.S. government employee pension plan which has been shortchanged to the tune of several trillion dollars.

Do the math, add all these numbers up in a calculator, toss in a hundred trillion or so for waste, theft and corruption and the total federal debt is in excess of $300 trillion or more.

References:

Wikipedia | Henry George www.henrygeorge.org/LIFEofHG; Understanding Economics: www.henrygeorge.org; AntiShyster, Volume 6, No.3, p.26 https://archive.org/details/antishyster and https://famguardian.org/PublishedAuthors/Media/Antishyster/Antishyster.htm Reviewed by Estar Holmes, North American News Service, Fall ‘96, p.69.
National Debt Clock www.usdebtclock.org; The Wall Street Journal, Tuesday January 31, 1995, page A-18, A Boon for the Constitutional Bar by Mr. Tofel; From Balancing the Budget…the Facts by John William Kurowski.
Wikipedia | Social Security Trust Fund
Government Employees Pension Fund: www.gepf.gov.za; Media Bypass Magazine, April 1996.

Source: Sovereign’s Handbook by Johnny Liberty (30th Anniversary Edition), Volume 2 of 3, p.60 – 62

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08. Reorganization of the Federal United States, Inc. | Bankruptcy | Sovereign’s Handbook

January 17, 2025January 18, 2025 / Chief Visionary Officer & Founder / Leave a comment

By Johnny Liberty

Federal Reserve Banking System Operates Under Emergency Powers

Federal law (12 USC §95) forbids member banks of the Federal Reserve Banking System to transact banking business, “except under regulations of the Secretary of the Treasury during an ‘National Emergency’ proclaimed by the U.S. President”. If or when the Emergency and War Powers Acts are lifted all Federal Reserve Banks (FRB) will cease to operate.

The Code of Federal Regulations (CFR), the Parallel Index of Rules and Authorities, which begins on page 751 of the 1995 Index shows that the Federal Reserve Bank (FRB) is an agency of geographical United States, and that it has never had legitimate authority applicable to the state republics and the people of the united states of America.

The only published regulation which supports 12 USC §95a, section 5(b), of the Trading With the Enemy Act of 1917 pertains to customs. The other under Title 31, is held in reserve. There exists no regulatory application for Congress’s approval of “National Emergency” powers granted to the Executive via 12 USC §95(b).

Likewise, there are no regulations applicable to the state republics or to the people of the united states of America for the statute which authorizes federally chartered financial institutions to monetize public and private assets with ledger-book creation of debt. There is no regulation extending the Federal Reserve Note (FRN) as legal tender for payment of debt to the state republics (12 USC §§411 and 412).

This is further verified by regulations pertaining to federal tax and loan depositaries at 31 CFR §202 et seq. “United States” chartered financial institutions traffic exclusively in “public money (Ø)”, which is treated extensively in Chapter 10 of Title 31, United States Code.

By definition, fiat money (Ø) and paper currency are obligations of the United States which can legally be in the custody of agencies of the United States and officers, agents and employees of United States agencies. This definition supports the theory that any use of Federal Reserve Notes (FRN’s) implies an adhesion contract that binds a U.S. citizen to the federal U.S. system.

BANKING UNDER EMERGENCY POWERS

Federal Reserve Notes Not Redeemable

Public Law 90-269, issued March 18, 1968, declared that Federal Reserve Notes (FRNs) are not redeemable. Public Law 95-147, 91 Stat. 1227, issued October 28, 1977, declared that all “United States” banking institutions, including State banks, were under the control and direction of the Governor of the International Monetary Fund (IMF).

Furthermore, as declared in section 10(a) of the Gold Reserve Act of 1934 is amended by striking out the phrase “stabilizing the exchange value of the dollar”. The Act states that the Joint Resolution to assure uniform value to the coins and currencies of the United States shall not apply to obligations of the United States issued after the date of enactment.

International organizations, corporations and associations who had refused to pay their debts determined they could pass the loss of their non-redeemable, non-current notes, bonds and other evidences of debt to others, and therefore crown the fraud of the “money trust” with complete success.

United States Banking in Receivership

Several federal U.S. District court decisions have placed the entire U.S. banking system into “receivership” which is prima facie evidence of the U.S. bankruptcy of 1933. During the New Deal era, when banks were first federalized, they did not register with the Secretary of State of each sovereign Union state.

In conclusion, every U.S. commercial bank has been operating illegally since 1933. All loans, interest and foreclosures since then have also been illegal contracts (e.g. National Banking Association, Farm Credit System).

The Federal Reserve Bank (FRB) was being absorbed into an entity called the Federal Banking Commission (FBC) though no supporting documentation can be found. The Federal Banking Commission (FDC) is comprised of Seven Governors including the Secretary of the Treasury, the Chairman of the Federal Reserve Bank (FRB), and the chairman of the Federal Deposit Insurance Corporation (FDIC).

This Federal Banking Commission (FDC) will abolish seven systems, including the Federal Reserve Bank (FRB), the National Banking Association, Thrift Associations and the Federal Deposit Insurance Corporation (FDIC), though the names might be retained for awhile. U.S. Congressman Henry Gonzalez (D-TX) had addressed the U.S. Congress and told them about the reorganization plan.

The Federal Deposit Insurance Corporation (FDIC) no longer protects United States commercial banks. National banks have recently de-federalized, returning to their state charters. Banks without state charters will close. Deposits are no longer guaranteed by the bankrupt FDIC.

Astronomical Amounts of Missing Money

The Federal Reserve Bank (FRB) and their member banks are using U.S. government funds as are corporate contractors that run the payment systems. Wall Street firms are selling U.S. government securities without full disclosure, according to Mark Skidwell.

Catherine Austin Fitts warned the people of the united states of America and global investors about mortgage fraud at the US Department of Housing and Development (HUD), the engineering of the housing bubble that led to trillions more dollars in bailouts and trillions of U.S. dollars missing and unaccounted for from US government agencies beginning in fiscal 1998.

References:

Cornell Law | 12 USC §95; Archives | Emergency Powers Statutes, Senate Report 93-549.
GovInfo | CFR, Parallel Index of Rules and Authorities, page 751 (1995); Code of Federal Regulations (CFR)
Wikipedia | Trading with the Enemy Act of 1917, 40 Stat. 411, enacted 6 October 1917, codified at 12 U.S.C. §§ 95a–95b and 50 U.S.C. App. §§ 1—44.
Findlaw | 12 USC §411 and 412.
Cornell Law | 31 CFR §202 et seq.
GovInfo | Public Law 90-268 (March 18, 1968) Public Law 95-147, 91 Stat. 1227 (October 28, 1977)(all American banking institutions were under the control and direction of the IMF) s; Jeff Ganaposki, Patriot Primer #2, (Living Word, p.99).
Ibid.
John Prukop; No specific court cases known.
National Banking Association www.nationalbankers.org; Farm Credit System www.farmcreditnetwork.com
Federal Banking Commission; No documentation can be found.
C-SPAN (June 8, 1992 at 2:30 pm) www.c-span.org
Federal Deposit Insurance Corporation (FDIC) www.fdic.gov; Friendly Fire at the Fed, Business Week (Dec. 13, 1993) www.businessweek.com/stories/1993-12-12/friendly-fire-at-the-fed (now Bloomberg)
Solari | $21 Trillion dollars is missing from the US government. That is $65,000 per person – as much as the national debt; The Financial Coup (video) with Mark Skidwell.
Wikipedia | U.S. Constitution [1:9:7]. No money shall be drawn…

Source: Sovereign’s Handbook by Johnny Liberty (30th Anniversary Edition), Volume 2 of 3, p.52. 54

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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. International Central Banking Cartel | Money | Sovereign’s Handbook

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

By Johnny Liberty

The federal U.S. government adhered to its constitutional imperative, the law and public policy of a strict gold standard, until declaring its first bankruptcy in 1933. Previous attempts at creating a National Bank, similar to what had already been established in Europe, failed consistently from the founding of the Republic until the Federal Reserve Act of 1913 was snuck into the political landscape.

U.S. citizens and sovereign “state” Citizens, for the most part, had become quite prosperous without a centralized National Bank and were as reluctant as the Founders to establish a National Bank.

Artificially created bank panics in 1857, 1873, 1893 and 1907 were engineered by the banks to create the illusion of a problem that would eventually discredit the existing decentralized, state banking system, and open the door of public opinion to support a congressionally mandated central bank.

This huge propaganda campaign was orchestrated by large, private international banking interests (J.P. Morgan, Paul Warburg, the Rothschilds) who wanted a central bank in the united states of America under their exclusive control.

These international central bankers attempted to erode confidence in uncoordinated, localized state banking systems, with their reliance on gold-backed and silver-backed constitutionally-mandated currency. Banking interests planned, then staged a scenario whereby the federal U.S. government would have to intervene to “save the day”.

The central bankers created certain economic events, as they still do today, to create a crisis. When bank credit expanded too quickly, at the discretion of bankers, and beyond the limits of gold and silver reserves, interest rates rose sharply, new bank credit was not available, and the economy went into a sharp, but decisive short recession.

Foreign governments gave up all attempts to coin or control money systems in the 19th century in Europe. This was not because they were incapable or incompetent, but mostly because governments did not trust each other.

Private international bankers capably facilitated this mistrust between nation states and stepped into the vacuum to “solve the problem”. By demonstrating more fiscal responsibility, at least by appearance, than governments had, they became the economic money masters of the modern world.

To maximize centralized banker’s profits and control, they needed a scheme that would allow banks to loan money indefinitely without any limit and with no restrictions on retaining any gold or silver reserves.

“I believe that banking institutions are more dangerous to our liberties than standing armies. Already they have raised up a monied aristocracy that has set the government at defiance. The issuing power should be taken from the banks and restored to the people to whom it properly belongs.”
~ Thomas Jefferson

Give me control of a nation’s money
and I care not who makes the laws.”
~ Mayer Amschel Bauer

“Whoever controls the volume of money
in any country is the absolute master
of all industry and commerce.”
~ James A. Garfield

Conspiracy to Create the Federal Reserve

Under the guise of banking reform for the “money trust” supported by the National Citizen’s League for the Promotion of a Sound Banking System (NCLPS), U.S. Senator Nelson Aldrich (R-RI), had every intention of pawning off a privately controlled central bank on an unsuspecting America. NCLPS was a front organization for the private international bankers

The “money trust” wanted to create a “legal cartel” authorized by the U.S. Congress, and eventually accepted by the people, to allow the Federal Reserve Bank (FRB) to control, inflate and devalue the currency at will. With this in place, the “money trust” could expand the economy indefinitely without limit, and reap the lion’s share of the rewards.

> CONSPIRACY – To breathe together.

As documented in G. Edward Griffin’s seminal Creature from Jekyll Island, these powerful individuals and institutions clearly “conspired” in secret to establish the Federal Reserve Banking System in partnership with elected officials within the federal U.S. government.

Senator Nelson W. Aldrich, Piatt Andrew, Frank Vanderlip, Henry P. Davidson, Charles D. Norten, Benjamin Strong and Paul M. Warburg met at Jekyll Island, a resort island off the East Coast, to write the Federal Reserve Act of 1913 and strategize how to get the U.S. Congress to approve it under the noses of U.S. President Woodrow Wilson and the reluctant people of the united states of America. These seven men who gathered together that day represented more than one-fourth of the wealth of the entire Western world.

“[One of the most important aspects
in achieving communist control
is the] centralization of credit
in the hands of the state, by means of a [centralized]
national bank with state capital and an exclusive monopoly.”
~ Karl Marx, The Communist Manifesto

References:

Quote from Thomas Jefferson www.whitlockco.com/thomas-jeffersons-top-10-quotes-on-money-and-banking/
Wikipedia | Rothschild Family; Wikipedia | Mayer Anschel Bauer; YouTube | UN and Central Banks, a Rockefeller and Rothschilds coup d’erat. Some have claimed that the Rothschild Family owns 80% of the world’s wealth, with a net worth of $500 trillion. Snopes has disputed that claim saying their annual income was a mere 500 million in 2015; Credit Suisse Research Institute’s annual “Global Wealth Report” estimated total global wealth at 250 trillion in 2015; The House of Rothschid by Nial Ferguson: Amazon
Wikipedia | James A. Garfield; Brainy Quote
Wikipedia | G Edward Griffin; Creature from Jekyll Island by G. Edward Griffin (American Media, 1994); Amazon; Javelin Press | Goodbye April 15th by Boston T. Party (Javelin Press, Austin, Texas, 1992, p.3/16); The Secret Agenda, American Spirit, Feb/March 1995 (on the Federal Reserve) and The Government Asset Grab by Harpreet Sandhu, American Spirit, May/June 1994 (on the scheme to steal the pension funds through re-monetization of the debt); The Historical Fight for Honest Money in the U.S. by Dr. Martin A. Larson, American Spirit, Oct/Nov/Jan/Feb, 1994-95 (how the money system actually works); Fleecing the Sheep by L.Anton, Perceptions Magazine, Fall/Winter 1993 p.6; Debt Virus by Jacques S. Jaikaran (flaw in the American monetary system); Historical Look at Money by Muriel E. Mobley, The Spotlight, September 5, 1994, p.16 (understanding the money trick); Brave New World Bank published by Global Exchange; The Federal Reserve System by S.W. Adams; Ever Wonder Why published by Project ’93; The Ultimatum Resolution by Joseph Stumph
Wikipedia | Karl Marx; Javelin Press | Goodbye April 15th by Boston T. Party (Javelin Press, Austin, Texas, 1992, p.3/17).
Archive | The Bank War. U.S. President Andrew Jackson vetoed the Bank Bill of 1836; “Unless the corrupting monster should be shraven with its ill gotten power, my veto will meet it frankly and fearlessly.”