Tag Archives: Emergency Banking Act

Not A Collapse Of An Empire


A collapse of a fiat monetary system!

by John Vodila
2/26/2011
thetruthnews.info


It seems many are confused about the reality of worldwide events, invasions, occupations, protest mostly in and around the OPEC nations, government over throws etc.

There are so many view points and the usual expert opinions, it is hard to discern just what the facts or truths of the global melt-down really are.

There are many other insidious factors obscuring the truth, hypocrisy for starters, for example Obama on Libya- “Secretary Clinton and I just concluded a meeting that focused on the ongoing situation in Libya.”

Is this the same Clinton that never blinked or even paused her speech at George Washington University last week, when Vietnam veteran Ray McGovern was beaten and bloodied for standing silently wearing a ‘Veterans for Peace T shirt’ right in front of her?

Universal Rights?

Again Obama on Libya-


Pakistan Civilians “Collateral Damage”

“The World Is Watching, we strongly condemn the use of violence in Libya.” Most do condemn the violence but as we all know, it is not limited to Muammar al-Gadhafi’s Libya.

The hypocrisy spans to alien galaxies, there is no way to even measure it, it seems infinite to me.
Three recent invasions that we know about, over a million dead in Afghanistan and Iraq, now invading Pakistan and bombing them with our remote controlled drones.

Obama say’s
“The United States also strongly supports the universal rights of the Libyan people. That includes the rights of peaceful assembly, free speech, and the ability of the Libyan people to determine their own destiny. These are human rights. They are not negotiable. They must be respected in every country. And they cannot be denied through violence or suppression.”



“Like all governments, the Libyan government has a responsibility to refrain from violence, to allow humanitarian assistance to reach those in need, and to respect the rights of its people. It must be held accountable for its failure to meet those responsibilities, and face the cost of continued violations of human rights.”

Determine their own destiny? Human rights are not negotiable?

How about this for not negotiable, last week in Indianapolis, Indiana deputy attorney general has been fired after a magazine reported he used his Twitter account to urge police to use live ammunition against Wisconsin protesters. Police brutality, protest and silenced free speech in America is the norm. Don’t believe it? watch the thousands of videos here and here


“Human Rights Are Not Negotiable”… really read this “General Welfare Of The United States: Genocide based on income.” and be sure to read and watch the video on this Veterans Today report from this week “GAZA IN PLAIN LANGUAGE – REVISITED”

Let’s discern just what some of the facts or truths of this global melt-down really are.

Collapse of an empire is what we are all a witness to today, the American empire? Was it ever really an empire? The truth is it’s a collapse of a fiat monetary system that has created the melt-down. Look; it’s a well-known fact today that this International system that we call the ‘Federal Reserve’ is a failed, dead system that has brought nations around the world to their knees and has put them and us in a false debt beyond ever being able to be repaid. The dollar that has not been a United States Treasury Bill since the 30′s, it was changed to a federal reserve note (a note of debt and our Presidents faces should not be on them) and has never been money. It has been the world reserve phony currency since the Emergency Banking Act, March 9 1933 when President Roosevelt declared the US Federal Government bankrupt and insolvent, it exist today in name only; this was 1933 folks!

Wake up and smell the coffee…

Fact, the Russians, Chinese and many other nations have already decided they are not trading with each other using the Federal Reserve note. As the world moves away from the notes of debt and these notes fall as the reserve currency so will smaller countries fall. Most importantly as we watch the OPEC nations and their neighbors dumping this Federal Reserve note, we here in America in the end will fall the hardest. Don’t be fooled the day is coming that the federal reserve note collapses completely and because of our Congress not doing their job and doing what the Constitution say’s we are going to see the brunt of it. Think of how bad it is or may get and multiply it by a hundred, maybe even a thousand.

Some years ago I had a close friend explain it to me, the way he explained this monster we call the dollar made it clear.
Ken said-

“The federal reserve note is a note of debt, if all the debt was paid there would not be one single note in circulation”

It was like a light bulb went off, I finally got it!

This is what’s going on in the Middle East, they are dumping the federal reserve notes, turning them into anything they can such as silver and gold before they completely loose their value. The international bankster system is trying very hard to hang on until they can latch like a parasite onto another currency, probably China’s renminbi/yuan. China’s the next host nation; they are and will be used. China will rise and fall just as all others through-out history if they let them in.

It’s our turn America!

We can fix it, remember our Constitution?

The Congress shall have power
Article 1 section 8-
“To coin money, regulate the value thereof, and of foreign coin, and fix the standard of weights
and measures”


“provide for the common defense and general welfare of the United States’

Where is our government?

“It is an established fact that the US Federal Government has been dissolved by the Emergency Banking Act, March 9 1933 (48 stat. 1,Public Law 89-719) declared by President Roosevelt, being bankrupt and insolvent…the US Federal Government exists today in name only” – James Traficant JR, (quoting from the Congressional Record of March 17th 1993 (vol 33,page H-1303)


Maybe we Americans should be asking ‘WHO’ is our government.

It’s like standing on a beach watching a tidal wave coming at you.

American Credit?


by John Vodila
4/12/2010
thetruthnews

How so? AAA rated, how so?
Moody’s an economic analysis, data and forecasting credit risk management company on the 16th of March said US, UK move closer to losing AAA credit ratings, you can view that article here.

Maybe I am to much in touch with reality and these days this makes me ignorant or something but isn’t the US in debt trillions of dollars? Look I have heard experts say even if the government collected 100% of all income this would still not cover their spending, I have heard from experts that for every man woman and child in the United States we are now somewhere around $42,000 in debt each to pay back 12 trillion and growing everyday.


Peter Schiff, of course we are not going to pay the Chinese back

Peter Schiff an American stock broker, economist, author, financial news commentator, video blogger, the president of Euro Pacific Capital and a 2010 candidate for the U.S. Senate has come out and stated “of course we are not going to pay the “Chinese back”. View the video to the right.>


We have Hillary Clinton that believes we need to be further in debt, below is her statement from an MSNBC article from Feb 2009.


Clinton urges China: Don’t stop investing in us
“She says U.S. debt necessary to get consumers buying Chinese goods
In order to boost the economy, the U.S has to incur more debt, she said. “It would not be in China’s interest if we were unable to get our economy moving,” Clinton said. “So by continuing to support American Treasury instruments, the Chinese are recognizing our interconnection. We are truly going to rise or fall together. We are in the same boat. “

Here is the link – http://www.msnbc.msn.com/id/29324392/

So let me see if I have this figured out, if you are in debt beyond anything you can ever pay and have all intentions of going further in debt this makes your credit rating go up.
Funny thing, it sure doesn’t work that way for the peasants. Can you say double standards?
Folks, we are paying dearly for these double standards.


Moody’s says in there analysis, “We expect the situation to further deteriorate in terms of the key ratings metrics before they start stabilizing,” Cailleteau said. “This story is not going to stop at the end of the year. There is inertia in the deterioration of credit metrics.”

To further deteriorate?


If I am just late on one credit card payment after being on time for more than a decade I get my interest rates jacked to the moon, and there goes the credit score, so can someone tell me how a government that is trillions of dollars in debt and bankrupt, yes bankrupt and has been sense 1933 has a AAA credit rating? I know I am just full of questions, here is a quote to back up the bankrupt statement.

“It is an established fact that the US Federal Government has been dissolved by the Emergency Banking Act,March 9 1933 (48 stat. 1,Public Law 89-719) declared by President Roosevelt,being bankrupt and insolvent…the US Federal Government exists today in name only ”
- James Traficant JR, (quoting from the Congressional Record of March 17th 1993 (vol 33,page H-1303)


Who is fooling who here?


The dollar is on the brink of complete collapse, the only reason we are all not homeless on the street’s right now is because they are running the printing presses at full speed printing funny money and it just isn’t funny anymore.


Where did the 9 trillion dollars go?

Then to top Hillary Clinton’s comment of Americans need to be more In debt we have the unanswered question of -Where did the 9 trillion dollars go? $30,000 debt for every man women and child in the US… Watch the video to the right it is the definition of incompetence and corruption!(Warning you might want to put a strait jacket on before watching this, if you are on heart meds make sure you have taken them!! )

What’s a trillion dollars?

What is a trillion dollars is from 100777.com

A trillion dollars = $1,000,000,000,000.

That’s 12 zeroes to the left of the decimal point. A trillion is a million million dollars.

The U.S. government spends more than the entire Gross Domestic Product (GDP) of Australia, China and Spain combined. If you laid one dollar bills end to end, you could make a chain that stretches from earth to the moon and back again 200 times before you ran out of dollar bills! One trillion dollars would stretch nearly from the earth to the sun. It would take a military jet flying at the speed of sound, reeling out a roll of dollar bills behind it, 14 years before it reeled out one trillion dollar bills.

What is frightening is that government will continue to grow in America unless citizens prevent it. If government stays on the course it’s been on for the past forty years without a radical change, the federal government will have a $10 TRILLION BUDGET by the year 2010.

Foolish politicians make pronouncements about the strength of the economy. The total debt obligation of the United States now exceeds 46 TRILLION DOLLARS.

American workers now net almost 30 percent less in real wages than they did in 1973. After taxes, two paychecks in a family barely equal the purchasing power one had thirty years ago.

End from 100777.com

======= ========

Triple A Credit my foot, seems to me some people need to visit the AAA.

We are on a knifes edge with disaster on both sides, beware the tsunami is on the horizon.
It will be either total collapse or hyper inflation that will rival Zimbabwe.

The same thing that caused Zimbabwe, Argentina and all the rest of the collapses will be the same demise for us here in the United States, CORRUPTION! One thing for sure is there’s no shortage of that.


If you would like more information on how, who and why all this has happened visit my taxes and money page by clicking here.