New World Banking Order?

[allodial]

This is from a November 1908 statement of THE NATIONAL BANK OF THE REPUBLIC OF CHICAGO

THE CLEARING HOUSES of the country do not even yet have any adequate conception of their own power. Clearing house government is still in the process of evolution. As a mechanism for the clearing of checks and the clearing house system is complete. But it is more than a mere machine. In a larger sense of the word it is Government, and it only needs further development to take the place of all police power so far as the world of credits is concerned, and credits really rule the world.

Take the events of the past year as illustrations of the growth of the clearing house power. In the hour of panic it was the clearing house far more than the Government that checked the tide of disaster.

The bank examinations of the Government being insufficient, the clearing houses are now beginning to institute examinations of their own. They are creating a system of regulation far more effective than that which the Government has instituted. They are providing a guarantee of solvency and payment far more powerful than any system of Government guarantee which Congress can devise.

But there are larger possibilities of development in the clearing house system than even these achievements disclose. This country needs such concentration and flexibility of reserves as would promote its financial stability; and what the Government has been unable to do it is within the power of the clearing houses to accomplish whenever they are conscious of their power and ready to exercise it.

[JohnnyCash]

http://deanhenderson.wordpress.com/2...ight-families/

[JohnnyCash]

I just ran across a video series that makes the fraud of our monetary system accessible to the average worker. Talks about the history of money and where we're headed.

Hidden Secrets Of Money
1 - Currency vs. Money
2 - Seven Stages Of Empire

[David Merrill]

Thank you!

[verynewtothis]

I take issue with that video.

The Secret of Oz (by Mr Bill Still)
http://www.youtube.com/watch?feature...&v=7qIhDdST27g

WHY DO YOU NEED a single commodity such as GOLD to be or to BACK the currency (which is basically a system of money whereby the bills and coins themselves are used by a particular Country) to be USED by the people IN YOUR OWN COUNTRY?

I find that gold has the ability to be too easily, internally and externally manipulated...value wise. Plus remember the LIBOR (London Interbank Offered Rate) scandal. Well, if your Country just NATIONALISED its own central bank…what I mean by NATIONALISE is make that central bank at arm’s length from the government, but make it answerable to the government and create binding legislation on said NATIONALISED central bank, whereby it is mandated for said bank to control inflation. And by said central bank being bound in that way, it will control the QUANTITY of currency (I previously defined it ABOVE) in circulation in that particular Country’s economy. Also make very sure that said bank is the ONLY bank that can create money….By simply imposing on ALL allege lending institutions in that particular Country a 100 % Reserve Requirement…That will help to control inflation as well it will put an END to this BS Fractional Reserve Banking System. Also since this NATIONALIZED central bank can now create money…it takes care of the liquidity issue as well. Plus, since said central bank is now the only bank that can create money and since it is NOT private any more, all the money generated through the seigniorage process will now go to the Country’s coffers. This will help to alleviating the tax burdens put on that Country’s citizens.
Any newly created money can be SPENT into circulation hopefully on social programmes, infrastructure projects and that kind of stuff only to BENEFIT the citizens (the people(s)) of that Country ONLY WHEN NEEDED…I believe that this could be achieve!
(Please check out these seven videos DIRECTLY BELOW

I think that you should check out this video, named “Money as Debt - Fractional Reserve Banking part 4 of 5” and advance this video to the 6 15 mark on its counter and LET it run to the 7 05 mark, again on its counter to basically show you when, how and who is responsible for the starting of the current DEBT based system. Basically when and by who chartered the Fractional Reserve Banking system into use:
http://www.youtube.com/watch?feature...&v=d-pSfYDrWaQ

https://www.youtube.com/watch?v=nmmz5fwPTeM
https://www.youtube.com/watch?v=iozNDCYMjSY
http://www.youtube.com/watch?v=-j-tMQ0jGys
https://www.youtube.com/watch?v=LwREDNblHiI
https://www.youtube.com/watch?v=sRreIFwgekM
https://www.youtube.com/watch?v=c14Nfg3pE1E

A Country’s currency (Again, I previously defined it ABOVE) that is generated by a NATIONALISED bank that maintains its NATURAL RESOURCES, like gold, silver, plus other precious metals, copper, diamonds, oil, trees, water, and the like that your Country OWNS / has. Not to mention the other ASSETS your Country OWNS / has as well. Plus the ingenuity of its citizenry. But, once those ASSETS are privatizes...[COLOR="#FF0000"]What does a Country have that backs its currency…its money externally?[COLOR="#FF0000"] Food for thought…

The concept pertaining to or of Tally Sticks is the solution to the Quantity of Money problem.

https://www.youtube.com/watch?v=CQVAabQ0JcM
SR 10 January 9, 2010 Still Report

[David Merrill]

I take issue with that video.

The Secret of Oz (by Mr Bill Still)
http://www.youtube.com/watch?feature...&v=7qIhDdST27g

WHY DO YOU NEED a single commodity such as GOLD to be or to BACK the currency (which is basically a system of money whereby the bills and coins themselves are used by a particular Country) to be USED by the people IN YOUR OWN COUNTRY?

I find that gold has the ability to be too easily, internally and externally manipulated...value wise. Plus remember the LIBOR (London Interbank Offered Rate) scandal. Well, if your Country just NATIONALISED its own central bank…what I mean by NATIONALISE is make that central bank at arm’s length from the government, but make it answerable to the government and create binding legislation on said NATIONALISED central bank, whereby it is mandated for said bank to control inflation. And by said central bank being bound in that way, it will control the QUANTITY of currency (I previously defined it ABOVE) in circulation in that particular Country’s economy. Also make very sure that said bank is the ONLY bank that can create money….By simply imposing on ALL allege lending institutions in that particular Country a 100 % Reserve Requirement…That will help to control inflation as well it will put an END to this BS Fractional Reserve Banking System. Also since this NATIONALIZED central bank can now create money…it takes care of the liquidity issue as well. Plus, since said central bank is now the only bank that can create money and since it is NOT private any more, all the money generated through the seigniorage process will now go to the Country’s coffers. This will help to alleviating the tax burdens put on that Country’s citizens.
Any newly created money can be SPENT into circulation hopefully on social programmes, infrastructure projects and that kind of stuff only to BENEFIT the citizens (the people(s)) of that Country ONLY WHEN NEEDED…I believe that this could be achieve!
(Please check out these seven videos DIRECTLY BELOW

I think that you should check out this video, named “Money as Debt - Fractional Reserve Banking part 4 of 5” and advance this video to the 6 15 mark on its counter and LET it run to the 7 05 mark, again on its counter to basically show you when, how and who is responsible for the starting of the current DEBT based system. Basically when and by who chartered the Fractional Reserve Banking system into use:
http://www.youtube.com/watch?feature...&v=d-pSfYDrWaQ

https://www.youtube.com/watch?v=nmmz5fwPTeM
https://www.youtube.com/watch?v=iozNDCYMjSY
http://www.youtube.com/watch?v=-j-tMQ0jGys
https://www.youtube.com/watch?v=LwREDNblHiI
https://www.youtube.com/watch?v=sRreIFwgekM
https://www.youtube.com/watch?v=c14Nfg3pE1E

A Country’s currency (Again, I previously defined it ABOVE) that is generated by a NATIONALISED bank that maintains its NATURAL RESOURCES, like gold, silver, plus other precious metals, copper, diamonds, oil, trees, water, and the like that your Country OWNS / has. Not to mention the other ASSETS your Country OWNS / has as well. Plus the ingenuity of its citizenry. But, once those ASSETS are privatizes...[COLOR="#FF0000"]What does a Country have that backs its currency…its money externally?[COLOR="#FF0000"] Food for thought…

The concept pertaining to or of Tally Sticks is the solution to the Quantity of Money problem.

https://www.youtube.com/watch?v=CQVAabQ0JcM
SR 10 January 9, 2010 Still Report

I believe you are making a great point.

In America and abroad to some extent we have United States currency notes. Given some time I could grab the citation but as I recall postage stamps, USPS Money Orders, Special Drawing Rights (SDR's) and pursuant to notes of 31 USC §5115 US notes are now included pegged to the value of FRN's by a name substitution. Both the latter are a bane to honest balances and are cause disease.

[Anthony Joseph]

I believe you are making a great point.

In America and abroad to some extent we have United States currency notes. Given some time I could grab the citation but as I recall postage stamps, USPS Money Orders, Special Drawing Rights (SDR's) and pursuant to notes of 31 USC §5115 US notes are now included pegged to the value of FRN's by a name substitution. Both the latter are a bane to honest balances and are cause disease.

I agree.

United States currency notes is the 'nickname' or 'alias' for Federal Reserve Notes which are NOT redeemed so as to obfuscate the most important point; who issues United States notes and who issues United States currency notes? The question of where the notes were issued from (either the United States Treasury or the Federal Reserve) makes the difference between non-elastic public money of the people and elastic private money of the FED.

[allodial]

The concept pertaining to or of Tally Sticks is the solution to the Quantity of Money problem.

Perhaps that is exactly the point being made with respect to redeeming clearinghouse certificates for lawful money. Redeeming the Private Bank Clearinghouse Certificates for lawful money and thusly reverting to the public treasury accounting system which uses "dollars lawful money" rather than "DOLLARS" or "DOLS & CTS".

To knowledge, the word "dollar" is related to the terms "tally", "tallier", "teller" and "tally mark". Just maybe the reason why those who have plotted against America and against mankind and perhaps even against God have been so keen on dumbing down extant educational systems is because their plan appears to requires easily-deceiveable prey? The whole cognitive dissonance campaign against the term 'fiat currency' by those allegedly 'exposing the truth' seems rather missive to me because AFAIK all money/currency is by fiat. As in: someone makes a law or a decree and says "this is money"--the "says" is a decree and thusly a 'fiat'. They'd have us believe 'fiat' to be synonymous with 'fake' or 'fraudulent' and thusly obscuring the truth of what really backs money.

WHY DO YOU NEED a single commodity such as GOLD to be or to BACK the currency (which is basically a system of money whereby the bills and coins themselves are used by a particular Country) to be USED by the people IN YOUR OWN COUNTRY?

Good point. However, pegging the value of a currency to gold or silver or even to a bushel of wheat would be helpful for maintaining just weights and balances. On that note, it is said that the American Revolution wasn't about the British Crown going ultra vires over taxes--but instead about interfering with the Colonies printing their own paper currency.

**

P.S. A people not easily deceived would recognize felony larceny when they see it: Communism (not the same as voluntary frateral or sororial communalism IMHO) constructive forgery, embezzlement, mortgage fraud, bailout, waste, squander, elastic currency, etc.--even when felony larceny is dressed up in fancy talk its still felony larceny.



NOTE: Larger printable PDF of the scan in the first post has been added to the first post. The scan is from a (1910) book titled Clearinghouse Systems of the World which is to knowledge available freely online.

[Chex]

All posts here are great points in fact.

The FSIA was passed to provide remedy for those whom have a Right to an Article III hearing. Under its grant of authority, Congress was required to provide for remedy for the sovereign American People under threat of Treason. After some 40 year in the wilderness, Congress passed the Foreign Sovereign Immunities Act of 1976 as revised in 1996 [“FSIA”]. For the first time since the bankruptcy of 1933, one of the sovereign American People was provided with a reasonable vehicle through which he could receive remedy from the trust; and, the remedy could be achieved in a court close to his place of abode. The reason that the FSIA can be used without taking a benefit from the code, thereby owing consideration, is that it is exculpatory in nature. Use of it takes one out of the code entirely. It simply states that there is no authority to bind this sovereign to the code or its jurisdiction. http://savingtosuitorsclub.net/showt...1977#post11977

I agree.

United States currency notes is the 'nickname' or 'alias' for Federal Reserve Notes which are NOT redeemed so as to obfuscate the most important point; who issues United States notes and who issues United States currency notes?

The question of where the notes were issued from (either the United States Treasury or the Federal Reserve) makes the difference between non-elastic public money of the people and elastic private money of the FED.

Good point. However, pegging the value of a currency to gold or silver or even to a bushel of wheat would be helpful for maintaining just weights and balances. On that note, it is said that the American Revolution wasn't about the British Crown going ultra vires over taxes--but instead about interfering with the Colonies printing their own paper currency.

In essence, when Parliament passed and later tried to enforce legislation affecting America, they simply did not have the power to do so. The acts of Parliament were meaningless and rightfully disregarded by Americans. They were acutely cognizant that Parliament had no more right to ose their will upon America than the King of Spain or the King of France or the long-dead Senate of Rome for that matter. http://www.examiner.com/article/the-...representation

Government fiat definition. http://www.merriam-webster.com/dictionary/fiat

The principle to estimate the monetary value of gold and silver is based on the fact that gold and silver are money. Many people account paper currency as money. That is wrong. Paper currency is just a kind of fiat currency. “The average life expectancy for a fiat currency is twenty-seven years” (Chris Mack, president of Trade Placer). Gold and silver are real money and have been used as money for 5,000 years by all countries. You can easily learn the difference between money and currency on the internet. I don’t need to reiterate here. Just remember that a currency loses its purchasing power as the currency issuer, the central bank, prints more currency. But money (such as gold and silver) will never lose its purchasing power though it may fluctuate during some short periods.

No one can print one ounce of gold or silver.
http://www.gold-eagle.com/article/value-gold-and-silver

I will use the monetary base and the gold reserve by the Fed as an example to estimate gold’s monetary value in USD. We know that the Fed reserves 261 million ounces of gold (World Gold Council) and the current monetary base is $3,398,930 million in August, 2013 (FED). Therefore, the gold’s monetary value is $13,022 / ounce (3,398,930 / 261). There are some countries such as China and Canada who don’t have enough gold reserve at present to back their currencies. For those countries, we use the global total monetary base and total gold reserve by all central banks to estimate gold’s monetary value as a reference. Fortunately, the result is almost the same as the value we got in the USA. It is about 80,000 yuan / ounce in RMB or $13,000 / ounce in CAD.

Since the Civil War, a series of third parties had criticized Republicans' policy of contracting the money supply. Lincoln's issue of Greenbacks, the first national paper money, had helped finance the war but it also stimulated inflation. In subsequent decades, national Republican leaders sought to withdraw the greenbacks until each dollar had 100% backing in metal reserves. During the economic depressions of the 1870s and 1890s, in particular, this policy was roughly opposite to that which today's Federal Reserve might pursue in an economic downturn. It drew criticism as tending to favor bankers and lenders--who needed the value of a borrowed dollar to hold steady, or increase, until it was repaid--and detrimental to borrowers and workers. http://projects.vassar.edu/1896/currency.html

Sienna answered 11 months ago. Money that comes from commodities, such as gold, or silver, or shells, or tobacco, still retains its value as a commodity. So it has value as money, but also as a commodity. So for example people still desire gold for jewelry or dentistry or industrial uses.

It is this commodity value which originally gives rise to the value of gold for money. Way back before money existed, it was the commodity value of shells or gold or whatever, that originally started the whole ball rolling on the day when people were the gold or shells, not for jewelry, but on purpose so as to give away later in exchange for something else - i.e., as *money*.

Money that comes from paper can be either a money certificate, or a money substitute. A money certificate can be redeemed for that amount of actual money. For example, suppose gold is money. You put 10 ounces on deposit in the bank. The bank gives you a receipt. "This bank promises to pay the bearer of this note 10 ounces of gold on demand".

That's a money *certificate*, because you can exchange it for the original ten ounces. That's how "banknotes" i.e. paper money originates. Instead of carrying gold, you can just carry the paper, and hand it over to any shopkeeper who accepts it. He gives you a TV or whatever, and then he can take the paper to the bank and exchanges it for gold.

A money *substitute* is where the bank has 10 ounces of gold in the vault, but issues 20 ounces worth of banknotes. So 10 ounces are backed by gold, and are money certificates. The other 10 ounces are FRAUD, because anyone borrowing them pays interest, but the actual money is not there on deposit. The bank has made a profit by issuing paper money based on thin air. It is not correct that the value of money comes from government. We know this definitely for two reasons.

1. No money in the history of the world has ever originated in this way. Government paper money *always* originates by hijacking a previously existing money that originated in the market, not by government. and

2. If paper money originated by government, the government would need to specify the price of everything in relation to the price of everything else, on the day of issue. Needless to say, no government has, or could ever have, the knowledge to do that.

What causes depressions and recessions is the issuing of money substitutes - paper money loans unbacked by actual money on deposit.

Government controls interest rates by claiming a monopoly of the right to issue money substitutes. This means that the Federal Reserve is one big engine of fraud. Source(s): http://answers.yahoo.com/question/in...7144009AAnxVhP
"The Theory of Money and Credit" by Ludwig von Mises
"What Has Government Done to our Money? by Rothbard

The Nixon Shock of 1971 ended the direct convertibility of the United States dollar to gold. Since then, all reserve currencies have been fiat currencies, including the U.S. dollar and the Euro. http://en.wikipedia.org/wiki/Fiat_money

An intrinsic theory of value (also called theory of objective value) is any theory of value in economics which holds that the value of an object, good or service, is intrinsic or contained in the item itself. Most such theories look to the process of producing an item, and the costs involved in that process, as a measure of the item's intrinsic value. http://en.wikipedia.org/wiki/Intrinsic_theory_of_value

And it all started by this 10 x 10 square miles of 28 USC § 3002 - Definitions 15 A,B,C http://www.law.cornell.edu/uscode/text/28/3002

via through Part VI—Particular Proceedings http://en.wikipedia.org/wiki/Federal..._Procedure_Act

and for the states http://www.law.cornell.edu/uscode/te...rt-I/chapter-5

[JohnnyCash]

Well then, I must take issue with you, verynewtothis. In the final analysis Bill Still is a fiat money advocate. His solution is to take the power to create-money-from-nothing (but a signature) away from the banksters and give it to politicians. HA!

Hidden Secrets Of Money
3 - Dollar Crisis To Golden Opportunity
4 - The Biggest Scam In The History Of Mankind