February 15, 2013
In 1933, President Franklin D. Roosevelt made it a federal crime to possess gold during the Great Depression. Later, in 1971, President Richard Nixon halted the practice of trading fiat currency for gold coins. Banks stopped redeeming the Federal Reserve notes for precious metals. This move turned America from the ideals of the Gold Standard and sealed the fate of US citizens to indebtedness to the technocrats.
Virginia Delegate Robert G. Marshall, believing that a financial collapse is eminent, has implored his peers that Virginia should empower itself to issue its own currency. Marshall’s proposal was shot down; however the principle is becoming more apparent as the US economy hangs on the balance.
Marshall introduced a bill that focused on the fact that fiat Federal Reserve notes’ value can be destroyed by hyperinflation. The legislation explained that “from our nation’s founding, there has been concern regarding the country’s monetary and banking systems and their potential to harm the citizenry,” and that Thomas Jefferson himself “expressed deep concern about the social instability that may ultimately result from bank-issued paper money.”
In 2011, the House of the State of Utah voted to allow citizens to trade gold and silver coins issued by the federal government as legal tender. This currency could be traded voluntarily as an alternative (not replacement) for Federal Reserve notes.
Rich Danker, a project director at the American Principles Project, said: “A Utah citizen, for example, could contract with another to sell his car for 10 one-ounce gold coins (approximately $17,000), or an independent contractor could arrange to be compensated in gold coins.”
Mike Pitts, Republican for South Carolina introduced a currency proposal of which any gold or silver coin could be used as payment for debts based on its weight and size. Pitts and 12 other so-sponsors believe that this move will protect their state from “an economic crisis of severe magnitude.”
Minnesota, Tennessee, Iowa, South Carolina and Georgia are awaiting approval from their respective governments to create a separate currency. This number is up from 2011, when just 3 states were brave enough to attempt this constitutional right.
North Carolina Republican Representative Glen Bradley said: “In the event of hyperinflation, depression, or other economic calamity related to the breakdown of the Federal Reserve System … the State’s governmental finances and private economy will be thrown into chaos.” Bradley introduced a new currency bill in 2011.
These states are planning on issuing gold or silver coins as tender “in payments of debts” as allotted them in the US Constitution. Law makers are becoming at ease with this proposal while the worth of the US dollar is further lessened by the actions of the Federal Reserve, and the prices of precious metals like gold and silver soar high on the stock market.
China, being part of the BRICs nations, has been purchasing gold to back up the yen while deciding to not accept the US dollar as the global reserve currency.
The BRICs countries are pushing for a global gold standard that will alleviate the inflation caused by fiat currency. The major economies of the world are facing an estimated $7.5 trillion in bond payments, which is how the central banking cartels keep their Ponzi scheme afloat.
April of 2012 marked a new direction for the BRICs countries as they ended their summit in New Delhi, India with talks of moving away from the US dollar as the global reserve currency.
One suggestion placed on the table was to bailout Europe from the clutches of the central banking system. A BRICs basket currency was discussed to allow non-aligned countries to trade with each other without the fears that the central banks and their fiat currency entail. This would serve as an alternative to the US dollar and the Euro. It would empower other nations to rise up economically.
The BRICs countries signed an agreement to give our loans in their respective currencies in a further effort to move away from the US dollar and Euro. A joint BRICs bank was discussed with vigor. It would serve as an alternative to central banks that abuse their power at the expense of nations worldwide. They hope to replace the International Monetary Fund and the World Bank.
Over 180 countries have signed onto the BRICs agreement as evidenced in their declaration. While the global Elite still hold power over the G5 countries, the rest of the world is standing up, severing their ties and making plans for a new world without them.
Brazil, Russia, India, China and South Africa are the emerging economies of the world. The G5 countries in counter ignore their movement toward better trade, ceasing the destruction of our planet and the end of slavery through debt.
Banks have been attacked in wave after wave of systematic network and data center compromises that have lead the US government to suspect the Iranian government as retaliating against America for imposing sanctions on the Middle Eastern nation.
The latest country attributed to the cyber-attacks on US banks is Russia. McAfee Labs warns of a cyber-attack planned for the spring of 2013 that will steal millions of dollars from customer accounts. Thirty US banks have been named as a nameless, faceless band of “criminals” have released a Trojan virus that will remove digital currency from accounts.
The scheme is referred to as ‘Project Blitzkrieg” (PB). In a beta-testing of the assault, it is reported that 300 bank accounts were affected in the US. The recruitment for PB is being linked to Russian cyber-criminals and an alleged cyber-mafia headed by an anonymous NSD. Those who enter into PB are tasked with infecting specified US computers with predetermined malware, cloning, syphoning passwords and login information, transferring digital information from customer accounts.
Should a financial collapse occur, banking institutions have planned for this scenario wherein the federal government will not offer assistance. Resolution plans required by the Federal Reserve Bank, described schemes to have the major domestic banks remain afloat by selling off assets, finding alternative sources of funding, reducing risky measures that make a quick buck. These strategies were to be perfected with “no assumption of extraordinary support from the public sector.”
The mega-banks, through Wall Street, are also acquiring firearms, ammunition and control over private mercenary corporations like DynCorp and ‘Blackwater” as authorized by the Department of Defense (DoD) directive 3025.18.
Named as investors for the amassing of gun and ammunition manufacturers are Citibank, BoA, Barclays and Deutsche Bank who are pouring money into Cerberus and Veritas Equity who have taken over private corporations involved in the controlling riot situations.
The Federal Reserve Bank, one of the heads of banking cartels, has their own police force which operates as a protective security for the Fed against the American public. As part of the Federal Reserve Act signed in 1913, the designation of a Federal Law Enforcement – special police officers that are exclusively regulated by authority of the Fed (whether in uniform or plain clothes. These specialized police officers (who train with Special Response Teams) can work in tandem with local law enforcement or US federal agencies. These officers are heavily armed with semi-automatic pistols, sub machine guns and assault rifles as well as body armor.