Eight Presidents Who Opposed A Central Bank (Federal Reserve)

 by Tuskeegee
{Daily Paul Liberty Forum}


[An interesting 2014 perspective on the historical impact the banks have had in creating a central bank that effectively established a moneyed aristocracy around the Fed to manipulate the American economy for its own aggrandizement. - ED}

Since 1963, to this present day, the United States has remained under the control of the royal European banking elite through their control of the Federal Reserve who during this past nearly 60 years have all but dismantled what was once the great Nation known as the United States of America.

Through their infiltration of all levels of government, corporations and media, they have used their forces to destroy America’s “moral fiber” and reduce this once great power to but a shadow of its former self. Their once great industrial might is now gone, their schools are noted for their shockingly high dropout rates (even those who graduate know less than a child born a century ago), its once great cities are fast falling into ruin as its roads and bridges disintegrate too, and, perhaps worst of all, these once great people have nearly lost all hope.

The stage for this all occurring is being set now as the most pivotal day in the history of the United States is racing towards us all….December 21, 2012.

What I constantly argue is that without a central bank, talking about Afghanistan, Iraq, and now possibly Iran would be impossible,  because the government would have to go directly to an individual to raise taxes, and would therefore be impossible after the 100th house they visited. Central banking allows for money to be produced out of “thin air” to finance our overseas empire. This is where we get inflation folks!!!

Since someone reading this, will question my wisdom, I wanted to talk about 6 presidents that did stop a central bank under their administration.

General George Washington (1732-1799) who is credited with being the “Father of the Nation” for winning his Nation’s war of Independence from the British. Washington gained further fame by returning to his Virginia farm in the “spirit of Cincinnatus” after ending his second term of office and not, as many had wished, becoming a king.

General Andrew Jackson (1767-1845). A hero of the War of 1812 for defeating a superior British force at the Battle of New Orleans, Jackson was put into power to defeat the establishment of a Central Bank that was supported by President John Quincy Adams (1767-1848) and was feared would split the Nation.

Of the danger facing the United States should a Central Bank be allowed to gain control of the US economy Jackson warned:

The bold effort the present (central) bank had made to control the government … are but premonitions of the fate that await the American people should they be deluded into a perpetuation of this institution or the establishment of another like it. I am one of those who do not believe that a national debt is a national blessing, but rather a curse to a republic; inasmuch as it is calculated to raise around the administration a moneyed aristocracy dangerous to the liberties of the country.”

Directly to President Adams and the other Central Bank supporters Jackson said directly:

Gentlemen, I have had men watching you for a long time and I am convinced that you have used the funds of the bank to speculate in the breadstuffs of the country. When you won, you divided the profits amongst you, and when you lost, you charged it to the bank. You tell me that if I take the deposits from the bank and annul its charter, I shall ruin ten thousand families. That may be true, gentlemen, but that is your sin! Should I let you go on, you will ruin fifty thousand families, and that would be my sin! You are a den of vipers and thieves.”

Adams was enraged at his and the Central Banks defeat by Jackson and refused to attend his inauguration. To his dying day Adams retained a great hatred of this president and as a Member of the United States House of Representatives (the only American President to serve in this body after leaving office.) cast the only “no” vote on a law to give medals to the US Military officers who had served in the Mexican-American War (1846-1848). Immediately after casting his vote Adams collapsed and died two days later.

Abraham Lincoln (1809 - 1865) Upon President Lincoln’s assassination by those forces advocating a Central Bank he was succeeded by President Andrew Johnson (1808-1875) who, like Lincoln before him, opposed those European forces [the Rothschild's banking family alone was reported to have lost nearly $50 million in support of the Confederacy.] attempting to take control of the American economy and in further “outrages” against them forgave the Southern States of their debts, granted unconditional amnesty to all Confederate Soldiers, freed all remaining slaves in the United States, and paid back the Russian Empire for its blocking of a North American invasion by British and French forces by purchasing Alaska for $7.2 million.

For President Johnson’s continued opposing the aims of the Central Bankers he was greatly weakened by two attempts to impeach him from office [In 1926 the US Supreme Court ruled the basis for those impeachment attempts as unconstitutional.] thus necessitating the need to put General Grant in power.

General Ulysses S. Grant (1822-1885), who like Jackson before him was put into power to defeat those forces attempting to create a Central Bank said needed due to the United States massive debts incurred from their Civil War (1861-1865) and opposed by President Abraham Lincoln (1809-1865), who said:

The government should create, issue, and circulate all the currency and credit needed to satisfy the spending power of the government and the buying power of consumers. The privilege of creating and issuing money is not only the supreme prerogative of government, but it is the government’s greatest creative opportunity. The financing of all public enterprise, and the conduct of the treasury will become matters of practical administration. Money will cease to be master and will then become servant of humanity.”

Chester A. Arthur (1829-1886) who was also the first non-military member of the order to ascend to the Presidency but did so through the rules of primogeniture (right of first born) granted to him as the direct descendant of maternal grandfather and Revolutionary War leader Uriah Stone and was “established in place” to take power upon the assassination by these European bankers of President James A. Garfield (1831-1881).

President Garfield warned of the dangers to America should these Central Bankers ever gain power by stating shortly before his death in 1881, “Whoever controls the money of a nation, controls that nation and is absolute master of all industry and commerce. When you realize that the entire system is very easily controlled, one way or another, by a few powerful men at the top, you will not have to be told how periods of inflation and depression originate.

William McKinley (1843-1901) whose membership in the order was granted under their rules of primogeniture through his grandfather and American Revolutionary War hero David McKinley, and who by his own right had distinguished himself as a hero in the Civil War.

President McKinley began his attack against the Central Bankers with his ally and Secretary of State John Sherman (1823-1900) whose connection to his older brother and Civil War here General William Tecumseh Sherman (1820-1891). The legal tool used by President McKinley and Sherman against the European bankers was the law known as the “Sherman Antitrust Act” which was first brought to bear against the Rothschild supported and funded JP Morgan financial empire known as the Northern Trust who by the late1800′s owned nearly all of America’s railroads.

Shortly after President McKinley began his attack against the Central Bankers he was assassinated (1901) allowing his Vice President Theodore “Teddy” Roosevelt (1858-1919) to take power. Upon the Rothschild backed “and paid for” President Roosevelt taking office one of Roosevelt’s first acts was to drop the United States government lawsuits against the Northern Trust and accelerate the American age known as “Manifest Destiny” which continues to this day and basically gives these Central Bankers the “power” to plunder the entire World for profit and gain above all else.

The last chance to thwart the European plan to establish a Central Bank in the United States ended on April 14, 1912 with the deliberate sinking of the RMS Titanic by British agents that killed one of the orders members named Major Archibald Willingham Butt (1865-1912) along with the American business tycoons John Jacob Astor IV, Benjamin Guggenheim and Isidor Straus who were returning to the United States from Great Britain after what they believed was a successful “negotiation” with the Rothschild’s to “leave America alone” under “threat of war”

With the last “obstacles” removed from creating a Central Bank in the United States with the sinking of the Titanic the European banking powers forced through the American legal system what is known as the Federal Reserve Act of 1913 which once enacted (and remains to this day) became the sole and complete authority over the United States economy forcing the American people into two World Wars and countless other conflicts during the past 97 years all designed with one single purpose, to create for Europe’s royal families a “New World Order” controlled by them.

General Dwight David “Ike” Eisenhower (1890-1969), who was “appalled” over his Nations defacto surrender to Nazi German forces during World War II in order to obtain the atomic bomb Hitler was ready to use against them, and the deliberate murder of his close friend General George S. Patton (1885-1945) who upon his learning that Europe’s royal “powers” had delivered the atomic bombs secrets to the Soviet Union was ready to march against them.

Both Eisenhower and Patton, Sons of the American Revolution, were especially enraged over President Harry Truman’s (1884-1972) dropping of two atomic bombs on Japan.

President John F. Kennedy (1917-1963) with the election the country’s fortunes neared victory when on June 4, 1963 President Kennedy issued Executive Order 11110 which for the first time since 1913 returned to the United States government the power to issue currency, without going through the Federal Reserve (Central Bank).

Five months later, on November 22, 1963, President Kennedy was brutally assassinated while sitting by the side of his wife in a Dallas, Texas motorcade, an event so shocking that has continually been talked about through the ages.

For as this date is more well known as the end of the ancient Mayans long count calendar (and ending of the World?), it is also the date the Federal Reserve’s 99-year old charter to control the American economy ends. And, most importantly, for it to be renewed it would require not only a majority vote in both houses [Senate and House of Representatives] of the US Congress, but also a three-quarter majority vote by every one of their 50 States’ legislative bodies.

“We the people” have less than 2 ½ years to prohibit this “private corporation” from renewing.







The End of Bretton Woods

by Peter Coyne

Please, no more of this 'Nixon took us off of the gold standard' garbage!" writes one reader in response to yesterday's reckoning. If you missed it, we learned about two precursors to our present monetary woes in that episode:

First, we learned from our founder, Addison Wiggin, that 70 years ago, during the Bretton Woods Conference at the end of World War II, the world left the gold standard. The United States, being the world's undisputed hegemon, was able to snag a role as the world's reserve currency -- the most widely held and used currency. To maintain trust in the greenback, foreign nations would be able to trade $35 for an ounce of U.S. gold upon request.

Second, in our first featured video -- an interview we conducted with Mr. Lewis Lehrman last year -- we learned that the U.S. abused this privilege by running massive trade deficits. That is, by spending more money that it had to buy more than it produced. Finally, instead of worrying about balancing the books, President Nixon decided 43 years ago this Friday to remove the one hurdle to unlimited government spending -- convertability of the dollar into gold.

That brings us back to our dear reader. "FDR was the one who removed us from the gold standard when he issued an illegal executive order that prohibited citizens from owning gold":




© 2014 Agora Financial, LLC

 

QuotesHe ordered them to turn in gold, and made it impossible for any American to convert gold notes to actual gold. Nixon in fact made gold ownership legal again by ending FDR's prohibition, and protected America's gold stores, (whatever we had then), from being taken by the British, etc., by doing as this writer describes.

"If someone wants to point a finger, point it at FDR, who took us off gold, and at LBJ, who removed silver from our coinage, both unconstitutional and illegal moves that Congress went along with.
Quotes

We have no qualms over your history. Our point, however, is that the global monetary system shifted on Sunday, Aug. 15, 1971. Since then, the dollar's value has been an enigma.

What is a dollar?

It's just a claim to another dollar… or four quarters… or 10 dimes. You have to pay taxes with it, so most people use them. But it has no intrinsic value.

We're reminded of the C-SPAN clip featured in Addison's documentary I.O.U.S.A. It was between Federal Reserve Chairman Alan Greenspan and our former employer, Congressman Ron Paul. Greenspan agreed that no one really knows what money is today, and therefore, there was no way the Fed could hope to ever manage it:

 Alan Greenspan: As I've said earlier, the difficulty is defining what money truly is. We have been unable to define a monetary aggregate that will give us a reliable forecast for the economy. Until we find a reliable "M" we will go light on the use of monetary aggregates for monetary policy purposes.

Ron Paul: So it's hard to manage something you can't define.

Alan Greenspan: It's impossible to manage something you cannot define…

Our theme this week, the "End of Bretton Woods," was Dr. Paul's impetus for running for Congress in the first place. "I saw 1971 as the conversion from a token commodity money,  to an absolute political money."

We can tell you from working for the good doctor that he had no delusions about the mission he was on. Dr. Paul was under no impression that he alone could reverse the ship of state's course toward monetary collapse.

In the final years of his congressional tenure, he was even able to claim a small leadership position over the Financial Services Subcommittee on Domestic Monetary Policy and Technology. That's one of the subcommittees that oversaw the Federal Reserve's decisions.
 
Politics, Dr. Paul notes, is, at best, a tool for education. 

Yet , one congressman can hardly alter the political situation. Politics, Dr. Paul notes, is, at best, a tool for education. Part of this week's theme is education, for sure. Understanding the ways that your elected representatives have altered the money at your expense for political reasons is the first step to realizing it can happen again.

It's important to keep in mind, however, that the likely solution is not a political one.







© 2014 Agora Financial, LLC

Wells-Fargo's 'How-To Fraud Mortgage' Manual

by Clinton Kirby

 

Wells Fargo's "How-to fraud mortgage  manual" suggests this "Too Big To Fail" bank may be going down.  Here's the link to download the actual Wells Fargo  'how-to create mortgage fraud' manual.


So, once again, the "conspiracy theory" that banks manufacture/massage/manipulate the documents they need-but don't have-in the foreclosure context has proven to be fact.  Indeed, the whistleblower that went to Naked Capitalism regarding Wells Fargo a year ago was not just, whistling Dixie, as it turns out. Wells Fargo indeed doctors/manufactures documents, and according to a lawsuit in New York, they actually have a manual on how to do it!  Naked Capitalism quotes a New York Post article about the lawsuit:

 "In a filing in New York's Southern District in White Plains for
 a local homeowner in bankruptcy, attorney Linda Tirelli described
 a 150-page Wells Fargo Foreclosure Attorney Procedures Manual
 created November 9, 2011 and updated February 24, 2012. According to
 court papers, the Manual details 'a procedure for processing
 [mortgage] notes without endorsements and obtaining endorsements
 and allonges.'"

If Wells Fargo does it, you can rest assured that the other big banks do it-after all, they have to compete! Check out this quote that gets right to the heart of the kind of thinking that causes this copycat, groupthink fraud from an article entitled "Fiduciary Duty to Cheat? Stock Market Super-Star Jim Chanos Reveals the Perverse New Mindset of Financial Fraudsters"

"Because if now, as the senior member of a bank, or the board of a
bank, I know that there are no criminal penalties for breaking the
rules, don't I have a fiduciary responsibility to my shareholders
to actually play fast and loose? Because if I get caught, that's
just the cost of doing business?" 

Yep. All the banks are doing it, not just Wells Fargo. We just don't have the other banks' manuals - yet.


To Whom Your Children Belong...

{A 2007 article originally intended for publication on the Patriot.eponym site.  Joyce Rosenwald suffered a stroke a year or so ago and backed out of her public life. Till then she performed extraordinary legal research, and I so admire her for her contributions to our knowledge and insight. She first told me about intervention and how to get federal courts to intervene in state matters and force the A.G. to declare whether a state law comports with the US constitution. Well, Joyce wrote a lot about the issue of children and to whom they belong. You will find her research and conclusions shocking.}


The Idaho Observer by Joyce Rosenwald

People from each colony fought in the Great War to enable the colony to become a Sovereign Nation State. These States then created a new state, designed to exclusively serve the several Sovereign Nation States. Under this concept the nation of States united was born. Every sovereign Nation State joining the Union had a Constitution. The newly created state received one as well. It was written by the people of the several states and was titled "The constitution for The united States of America." This new state was "delegated" 17 authorities by the several states. The people never intended that it should over step it's delegated authorities.

Some scholars believe the freedom ended before the ink was dry on the contract written between the people and their new government, "The Constitution." There is some question as to exactly where and when the new nation faltered. Some say it was in 1789, with the Judiciary Act. Others say it was after the Civil War. Still others claim it was in 1913 or 1921 or perhaps in 1933...History tells us the Supreme Court of the United States government claims it was when the Union itself was formed.

In the case New Hampshire v. Louisiana and others.; New York v. Louisiana and others, (1) it states that: "all the rights of the States as independent nations were surrendered to the United States. The States are not nations, either as between themselves or towards foreign nations. They are sovereign within their spheres, but their sovereignty stops short of nationality. Their political status at home and abroad is that of States in the united States. They can neither make war nor peace without the consent of the national government. Neither can they, except with like consent, "enter into any agreement or compact with another State." Art. 1, sec. 10, cl. 3." The relation of one of the united States to its citizens is not that of an independent sovereign State to its citizens. A sovereign State seeking redress of another sovereign State on behalf of its citizens can resort to war on refusal, which a State cannot do. The state, having been a sovereign, with powers to make war, issue letters of marque and reprisal, and otherwise to act in a belligerent way, resigned these powers into the control of the United States, to be held in trust."

Designed to be a government "of the people, by the people, for the people. "Representatives of this government were to be elected by the people, not born to power." And so, in 1776 the great experiment in freedom, known as "The United states of America" began.

In United States v. Chamberlin [1910 - pg 219 US 26}, (2) the Supreme Court of the United States Decided, to wit: It is a familiar principle that the King is not bound by any act of Parliament unless he be named therein by special and particular words. The most general words that can be devised (for example, any person or persons,bodies politic or corporate) affect not him in the least, if they may tend to restrain or diminish any of his rights and interests. He may even take the benefit of any particular act, though not named.

THE RULE THUS SETTLED RESPECTING THE BRITISH CROWN IS EQUALLY APPLICABLE TO THIS GOVERNMENT, AND IT HAS BEEN APPLIED FREQUENTLY IN THE DIFFERENT STATES, AND PRACTICALLY IN THE FEDERAL COURTS. IT MAY BE CONSIDERED AS SETTLED THAT SO MUCH OF THE ROYAL PREROGATIVES AS BELONGED TO THE KING IN HIS CAPACITY OF PARENS PATRIAE, OR UNIVERSAL TRUSTEE, ENTERS AS MUCH INTO OUR POLITICAL STATE AS IT DOES INTO THE PRINCIPLES OFTHE BRITISH CONSTITUTION.

Under most religious law, the children belong to the parents. It is a moral obligation on the part of the parents to care for and educate their children in their existing social values and morals.

In 1921, the federal Sheppard-Towner Maternity Act (3) was passed creating birth "registration" or what we now know as the "birth certificate." It was known as the "Maternity Act" and was sold to the American people as a law that would reduce maternal and infant mortality, protect the health of mothers and infants, and for other purposes. One of those other purposes provided for the establishment of a federal bureau designed to cooperate with state agencies in the overseeing of its operations and expenditures. This can now be seen as the first attempt of "government by appointment," or cooperation of state governments to aid the federal government in usurping the legislative process of the several states as exists today through the federal grant in aid to the states programs.

Prior to 1921 the records of births and names of children were entered into family bibles, as were the records of marriages and deaths. These records were readily accepted by both the family and the law as "official" records. Since 1921 the american people have been registering the births and names of their children with the government of the state in which they are born, even though there is no federal law requiring it. The state claims an interest in every child within it's jurisdiction, telling the parents that registering their child's birth through the birth certificate serves as proof that he/she was born in the united States, thereby making him/her a united states citizen.

In 1923, a suit was brought against federal officials charged with the administration of the act. (Commonwealth of Massachusetts v. Mellon {1923}, Secretary of the Treasury et.al..). (4) The plaintiff, Mrs Frothingham, averred that the act was unconstitutional, and that it's purpose was to induce the States to yield sovereign rights reserved by them and not granted the federal government, under the Constitution,and that the burden of the appropriations falls unequally upon the several States. The complaint stated the naked ontention that Congress has usurped reserved powers of the States by the mere enactment of the statute, though nothing has been, or is to be, done under it without their consent. Mr. Alexander Lincoln, Assistant Attorney General, argued for the Commonwealth of Massachusetts.

To wit:

The act is unconstitutional. It purports to vest in agencies of the Federal Government powers which are almost wholly undefined, in matters relating to maternity and infancy, and to authorize appropriations of federal funds for the purposes of the act.

Many examples may be given and were stated in the debates on the bill in Congress of regulations which may be imposed under the act. THE FORCED REGISTRATION OF PREGNANCY, GOVERNMENTAL PRENATAL EXAMINATION OF EXPECTANT MOTHERS, RESTRICTIONS ON THE RIGHT OF A WOMAN TO SECURE THE SERVICES OF A MIDWIFE OR PHYSICIAN OF HER OWN SELECTION, are measures to which the people of those States which accept its provisions may be subjected. There is nothing which prohibits the payment of subsidies out of federal appropriations. INSURANCE OF MOTHERS MAY BE MADE COMPULSORY. THE TEACHING OF BIRTH CONTROL AND PHYSICAL INSPECTION OF PERSONS ABOUT TO MARRY MAY BE REQUIRED.

The act gives all necessary powers to cooperate with the state agencies in the administration of the act. Hence it is given the power to assist in the enforcement of the plans submitted to it, and for that purpose by its agents to go into the several States and to do those acts for which the plans submitted may provide. As to what those plans shall provide the final arbiters are the Bureau and the Board. THE FACT THAT IT WAS CONSIDERED NECESSARY IN EXPLICIT TERMS TO PRESERVE FROM INVASION BY FEDERAL OFFICIALS THE RIGHT OF THE PARENT TO THE CUSTODY AND ARE OF HIS CHILD AND THE SANCTITY OF HIS HOME SHOWS HOW FAR REACHING ARE THE POWERS WHICH WERE INTENDED TO BE GRANTED BY THE ACT.

It was further stated in the complaint that "The act is invalid because it assumes powers not granted to Congress and usurps the local police power. (5) In more recent cases, however, the Court has shown that there are limits to the power of Congress to pass legislation purporting to be based on one of the powers expressly granted to Congress which in fact usurps the reserved powers of the States, and that laws showing on their face detailed regulation of a matter wholly within the police power of the States will be held to be unconstitutional although they purport to be passed in the exercise of some constitutional power. (6) It went on to state:

"The act is not made valid by the circumstance that federal powers are to be exercised only with respect to those States which accept the act, for Congress cannot assume, and state legislatures cannot yield, the powers reserved to the States by the Constitution. (7) The act is invalid because it imposes on each State an illegal option either to yield a part of its powers reserved by the Tenth Amendment or to give up its share of appropriations under the act."

"A statute attempting, by imposing conditions upon a general privilege, to exact a waiver of a constitutional right, is null and void. " (8) "The act is invalid because it sets up a system of government by cooperation between the Federal Government and certain of the States, not provided by the Constitution."

"Congress cannot make laws for the States, and it cannot delegate to the States the power to make laws for the United States." (9) In 1933, bankruptcy was covertly declared by President Roosevelt. The governors of the then 48 States pledged the "full faith and credit" of their states, including the citizenry, as collateral for loans of credit from the Federal Reserve system. "Full faith and credit" clause of Const. U.S. article 4. sec. 1, requires that foreign judgement be given such faith and credit as it had by law or usage of state of it's origin. That foreign statutes are to have force and effect to which they are entitled in home state. And that a judgement or record shall have the same faith, credit, conclusive effect, and obligatory force in other states as it has by law or usage in the state from whence taken. Black's Law Dictionary, 4th Ed. cites omitted.

Today the federal government "mandates, orders and compels" the states to enforce federal jurisdiction upon it's citizens/subjects. This author believes the federal government draws it's de facto jurisdiction for these actions from the "Doctrine of Parens Patriae." Patens patriae means literally, "parent of the country." It refers traditionally to the role of state as sovereign and guardian of persons under legal disability. Parens patriae originates from the English common law where the King had a royal prerogative to act as guardian to persons with legal disabilities such as infants.

With the birth registration established, the federal government, under the doctrine of parens patriae, had the mechanism to take over all the assets of the American people and put them into debt into perpetuity. Under this doctrine, if one is born with a disability, the state, (the sovereign) has the responsibility to take care of you. This author believes that the disability you are born with is, in fact, the birth itself. I believe that when you are born, you are born free, a "citizen of the soil," an American National. Parents, without full disclosure under law, make application for a "birth certificate," thereby making the child a citizen of the corporate government known as the United States. The government then turns the new citizen into a corporation under the laws of the state.

The birth information is collected by the state and is then turned over to the U.S. Department of Commerce. The corporation is then placed into a "trust", known as a "Cestui Que Trust". A cestui que trust is defined as: He who has a right to a beneficial interest in and out of an estate the legal title to which is vested in another; The beneficiary of another. Cestui que use is: He for whose use and benefit lands or tenements are held by another.

The use has the right to receive the profits and benefits of the estate, but the legal title and possession, as well the duty of defending the same, reside in the other. The government becomes the Trustee, while the child becomes the beneficiary of his own trust. Legal title to everything the child will ever own is now vested in the federal government. The government then places the Trust into the hands of the parents, who are made the "guardians." The child may reside in the hands of the guardians (parents) until such time as the state claims that the parents are no longer capable to serve. The state then goes into the home and removes the "trust" from the guardians. At majority, the parents lose their guardianship.

The subject of every birth certificate is a child. The child is a valuable asset, which if properly trained, can contribute valuable assets provided by its labor for many years. The child itself is the asset of the trust established by the birth certificate. "Title" to your child is now owned by the state. The state now directs the trust corpus and provides "benefits" for the beneficiary -- the corpus and beneficiary being one and the same -- the citizen -- first as child, then as adult.

The debt transfers from the death of one corpus to the birth of another through the process know as "Novation." Novation is defined as "the substitution of a new contract between same or different parties; The substitution of a new debt or obligation for an existing one; The substitution of one debtor for another or of one creditor for another, whereby the old debt is extinguished." This author believes the debt of an individual is extinguished at his death, and the same debt is then transferred to a new individual when he/she is born through the registering of the birth, thereby creating a new corpus that will again reside in the hands of the trust.

Each one of us, including our children, are considered assets of the bankrupt United States which acts as the "Debtor in Possession.". We are now designated by this government as "HUMAN RESOURCES," with new such resources being added (born) continually. The bankruptcy is a receivership, rather than a discharged bankruptcy. The bankruptcy debts are serviced, not paid or discharged. The Human Resources service the debt, which continues to grow with time.

The federal government, under Title 15, U.S.C., re-delegates federal parens patriae authority to the state attorney generals. The attorney generals' can now enforce all legislation involving your personal life, the lives of your children, and your material assets.

In today's society the government, through the doctrine of parens patriae, has already instituted it's control of our children through the legislative process. Medical treatments are enforced through the court with threats of loss of your child if the treatment is challenged. Vaccinations are now mandatory. Refusal may result in the loss of your child under the guise of "child neglect" (failure to preserve the trust corpus).
If you spank your child or cause him/her any embarrassment or indignities, you are also at risk of having your child taken from you under the guise of child abuse (damaging the trust corpus).
Some states have legislation either pending or passed to give social workers arrest authority. School nurses may now report any suspected child abuse to the proper authorities. Warrantless searches of your home are tolerated by the courts, all in the name of safety for the child.

The Sun Sentinel, a Florida news paper, reported on March 15, that limits on the ability of divorced parents to relocate when minor children are involved were clarified by the Florida Supreme Court. The high court three years ago [2004] approved a policy favoring relocation requests of custodial parents as long as such moves are made in good faith for the well being of parents and children. Also, the justices ruled at that time, moves cannot be made "from a vindictive desire to interfere with the visitation rights of the other parent."

The right of locomotion is held as an element of personal liberty. Restraint upon the right of locomotion was a well-known feature of slavery abolished by the Thirteenth Amendment. A first requisite of the right to appropriate the use of another man was to become the master of his natural power of motion. The control by government courts (supra) of an individuals' freedom of locomotion could be construed as a sign of ownership of the individual, or slavery .

It's been reported that in California, early in the year, an assembly woman, in regard to education policy, made the statement " the children belong to the STATE. " Parens Patriae legislation covers every area of your personal life. Federal parens patriae legislation can be found in Title 15 of the United States Code:

TITLE 15 Sec. 15h. Applicability of parens patriae actions STATUTE-Sections 15c, 15d, 15e, 15f, and 15g of this title shall apply in any State, unless such State provides by law for its non-applicability in such State.

The primary responsibility of a State is to protect it's citizens from the tyranny of the federal government. The Federal Constitution claims a citizen can seek redress and protection under the 14th Amendment of the Federal Constitution for any state legislation that brings them an injury by depriving them of a civil right. A state may sue the Federal government for protection for it's citizens if federal legislation violates the Constitutions of the several states and brings harm to it's citizens. The 14th Amendment did not authorize congress to create a code of municipal law for the regulation of private rights. Positive rights and privileges are undoubtedly secured by the fourteenth amendment, but they are secured by way of prohibition against state laws and state proceedings affecting those rights and privileges. The amendment was intended to provide against state laws, or state action of some kind, adverse to the rights of the citizen secured by the amendment. Such legislation cannot properly cover the whole domain of rights appertaining to life, liberty and property, defining them and providing for their vindication. That would be to establish a code of municipal law regulative of all private rights between man and man in society. It would be to make congress take the place of the state legislatures and to supersede them.
However, the Supreme Court in the above case ruled that: A State may not, as parens patriae, institute judicial proceedings to protect her citizens (who are no less citizens of the United States), from the operation of a federal statute upon the ground that, as applied to them, it is unconstitutional.

The parens patriae power has been recognized and exercised from time immemorial as being under the rule of a tyrant.

Note: The Maternity Act was eventually repealed, but parts of it have been found in other legislative acts. What this act attempted to do was set up government by appointment, run by bureaucrats with re-delegated authority outside of Constitutional authority, with the ability to tax, which is in itself unconstitutional and represents taxation without representation. This type of government is in place today and is known as "Regionalism." The federal government couldn't fool the people in 1921 into surrendering their sovereignty, but in 1933.

Footnotes: 

1. New Hampshire v. Louisiana and others; New York v. Louisiana and others, 108 U.S.76, 27 L. Ed. 656, 2 S. Ct. 176, March 5, 1883.

2. United States v. Chamberlin 219 U.S. 250, 55 L. Ed. 204, 31 S.Ct. 155, January 3, 1911

3. Sheppard-Towner Maternity Act, Public Law 97, 67th Congress, Session I, chapter 135.

4. Commonwealth of Massachusetts v. Mellon Secretary of the Treasury, et al.; Frothingham v. Mellon, Secretary of the Treasury et.al.. 262 U.S. 447, 67 L.Ed. 1078, 43 S. ct.597.

5. McCulloch v. Maryland, 4 Wheat. 316, 405; United States v. Cruikshank, 92 U.S. 542, 549-551.

6. Hammer v. Dagenhart, 247 U.S. 251; Child Labor Tax Case, 259 U.S.20; Hill v. Wallace, 259 U.S. 44.

7. Message of President Monroe, May 4, 1822; 4 Elliot's Debates, p.525; Pollard's Lessee v. Hagan, 3 How. 212; Escanaba Co. v. Chicago, 107 U.S. 678; Coyle v. Oklahoma, 221 U.S. 559; Cincinnati v. Louisville & Nashville R.R. Co., 223 U.S. 390.
8. Harrison v. St. Louis & San Francisco R.R. Co., 232 U.S. 318; Terral v. Burke Construction Co., 257 U.S. 529. 9. In re Rahrer, 140 U.S. 545; Knickerbocker Ice Co. v. Stewart, 253 U.S. 149; Opinion of the Justices, 239 Mass. 606.

8. Harrison v. St. Louis & San Francisco R.R. Co., 232 U.S. 318; Terral v. Burke Construction Co., 257 U.S. 529. 9. In re Rahrer, 140 U.S. 545; Knickerbocker Ice Co. v. Stewart, 253 U.S. 149; Opinion of the Justices, 239 Mass. 606.


The Committee of 300

by Administrator

 

The global government predicted in the Book of Revelations is no longer a conspiracy theory or myth, but a rapidly developing entity. For those who think this is nonsense, you are contradicted by observable facts and quantifiable data. Just as animal prints in the earth are not some 'fortuitous random assemblage' of soil indentations, neither are the footprints of an organization of coordinated intervention.

What we're witnessing is the creation of a purely evolutionary society on a global scale where the strong naturally prey on the weak.

In 1995, a book entitled the Committee of 300 was published, outlining a new world order agenda. The author, John Coleman reveals a host of ordinary organizations along with free Masonry, Bilderburg, the Club of Rome, the Council on Foreign Relations and others pushing a one-world government.

Update 7-17-14 Committee Goals: ...implementation of the following by divine right :

(1) A One World Government with a unified church and monetary system under their direction.

(2) The utter destruction of all national identity and national pride.

(3) The destruction of religion except their own creation.

(4) Control of each and every person through mind control technotronics'..

(5) An end to all industrialization.."

(6) Legalization of drugs.."

(7) Depopulation of large cities.."

(The Committee of 300, Dr. John Coleman, 3rd Edition, 1995-'96)


Coleman, a former Intelligence Officer describes the frightening world these groups are creating under an oversight committee. This is not fiction, its mission is clear, as many of the necessary steps have already been completed since 1995, while others are in process as this is written.

The author alludes that the 'Committee of 300' is a coalition of interests who wish to force a global government. The committee has a 150 year history with a well defined objective:

"A one-world government and one-unit monetary system under permanent non-elected hereditary oligarchists who self select from among their numbers in the form of a feudal system as it was in the middle ages...There will be no middle class, only rulers and servants...a state where there is no individual freedom or any concept of Liberty surviving...The economic system shall be based on the ruling oligarchic class allowing just enough foods and services to be produced to keep the mass slave labor camps going."

We're seeing further evidence of the trend toward European feudalism now as US industry has transferred many jobs to Chinese slave labor.

"In 1983, the International Bankers [Banksters] met in Williamsburg, Virginia to work out a strategy to prepare the United States for a total disintegration of its banking system. This planned event was to stampede the US Senate to accept control of our monetary and fiscal policies by the IMF."

This necessarily means destroying the existing domestic banking system to bring it under control of the International Monetary Fund (IMF) as we've discovered in the recent audit of the Federal Reserve where public money was sent to many international banks. The contrived economic crisis with the engineered collapse of AIG, Lehman Brothers and others, through the lending scam, has left many banks deficient in cash reserves and thus subsequently closed.

"The committee of 300 has a major bureaucracy at its disposal made up of hundreds of think tanks and front organizations that run the whole gamut of private business and government leaders...American Express, Armour Research Foundation, Bank of America, Bank Hapoalim, Chase Manhattan bank...Joseph Rettinger a 33rd degree freemason...said to have been the founder and organizer of Bilderburg., Citibank, Dusseldorf Global Bank, Royal Bank of Canada, World Bank, Heritage Foundation, Hudson Institute, Mellon Institute, Milton Katz of the Ford Foundation, NATO, NAACP, National Council of Churches, RAND Corp, David Rochefeller of the Trilateral Commission, Mrs Katherine Meyer Graham, a ranking member of the Club of Rome who is suspected of having murdered her husband to get control of the Washington Post."

The book contains a more extensive list and should be consulted for those with further interest.

"The idea of bringing the International Institute for Strategic Studies into being arose at the 1957 Bilderburg meeting...Membership in IISS includes representatives of 87 major wire services and press associations as well as 138 senior editors and columnists drawn from international newspapers and magazines. The ISS is nothing more than a higher echelon opinion maker."

Now you know why media news reports are jaded, deceitful and misleading. And why certain news is simply buried or 'spiked.' It also suggests why many poll results seem way off base. And, why Hollywood is so consistent in continually portraying America as evil.

"To keep people everywhere from deciding their own destinies by means of one created crisis after another and then 'managing' such crises." 

As former White House chief of Staff Rahm Emanuel has often remarked, "A crisis is a terrible thing to waste." This tends to explain the 'crisis' creation of EPA, FEMA, Homeland Security and TSA. These agencies have aided the global effort to impose a one-world government with inexplicable, burdensome and draconian regulations. Congressional oversight has largely been all show and has facilitated the AIG collapse, the Lending Scandal & Bank Bailout, as well as 'Fast & Furious'. 

The Dept of Education is an ongoing crisis with endless lawsuits against government for 'new' social engineering programs like 'Goals 2000', 'No Child Left behind' and 'Outcome Based Education', etc.

 "Natural Resources would have to be allocated under the auspices of global planning"

America is being prepared as a vast servant class where only the elite will be entitled to the world's resources. We're seeing this in the capping of oil wells, closing coal plants, and the moratorium on nuclear power.

"Less foreign aid means less control of a country's natural resources by the International Monetary Fund. Dependence upon US foreign aid actually keeps foreign countries in servitude to the Council on Foreign Relations. It also keeps US citizens in a state of involuntary servitude and therefore less able to mount meaningful opposition to government."

 So now we have a good explanation for why America continues foreign aid despite deplorable economic conditions, high unemployment and near complete financial collapse. This is already forced servitude to the International Bankers.

 "The United States will be flooded by peoples of alien cultures who will eventually overwhelm white America, people with no concept of what the US Constitution stands for and who will in consequence, do nothing to defend it and in whose minds the concept of Liberty and justice is so weak as to matter little."

Runaway immigration began to be noticed about the time of the first Bush presidency and suggests that both parties are under centralized control; otherwise something meaningful might have been done. The immigrants already fit the economic and social profile that the Committee of 300 would like to impose on the nation.

"There were no aliens in our midst; that came later in a deliberately planned attempt to break up the United States into a series of fragmented nationalities, cultures and beliefs "

The fact that illegal immigration continues unabated in America, despite whomever holds the White House or the makeup of Congress, is clear evidence of control from a higher source and their intent.

"The abolition of privately owned firearms is already in force in three-quarters of the world. Only in the United States can the populace still own guns of all types, but that legal right is being chipped away at an alarming rate by local and state laws which violate the Constitutional right of all citizens to bear arms."

Guns are an impediment to totalitarianism wherever it's found, removing them from the general populace is necessary to enforce slavery. The most sinister threat to freedom is the UN Small Arms Treaty pushed by the Obama Administration, which will make gun ownership in the US illegal by international treaty.

"Agriculture shall be solely in the hands of the committee of 300 with food production strictly controlled."

The government has undertaken armed raids on private farms for the supposed crime of selling raw milk and cheese products. The intent to intimidate, control and manage is clear.

"Euthanasia for the terminally ill and the aged shall be compulsory...At least 4 billion "useless eaters" shall be eliminated by the year 2050 by means of limited wars, organized epidemics of fatal rapid acting diseases and starvation. Energy, food and water shall be kept at subsistence levels for the non-elite starting with the White populations of Western Europe and North America and then spreading to other races. The population of Canada, Western Europe and the United States will be decimated more rapidly than on other continents, until the world's population reaches a manageable level of One billion.."

This is nothing but applied evolutionary eugenics; only the strong are fit to live. The British association for the advancement of science wrote in the 1940's "The German Fuhrer, as I have consistently maintained, is an evolutionist; he has consistently sought to make the practices of Germany conform to the theory of evolution." - Sir Arthur Keith, a militant anti-Christian physical anthropologist, Evolution and Ethics, 1947, p. 230

Helga Kuhse, Ph.D (Australia) "If we can get the people to accept the removal of all treatment and care, especially the removal of food and fluid they will see what a painful way this is to die, and then, in the patients best interest they will accept the lethal injection." Make no mistake, euthanasia is a key component of Obamacare's murderous health plan.

And now we see the same evolutionary principles brought to bear in a new world order run by the Committee of 300 that bears strong resemblance to what the Third Reich accomplished at Auschwitz, Buchenwald and Dachau.  

Recall that environmentalism's claim that 'man is an 'eco-cancer' on the face of the earth' is 'justification' for reducing population according to UN resolutions. The EPA has openly admitted to death camp practices asking "human guinea pigs to sacrifice their lives for regulatory purposes" and the 'glorious state'. Can you hear the Committee's Fourth Reich marching? And, it gets worse:  

"No central bank save the bank of International Settlement and the World bank shall be allowed to operate. Private banks will be outlawed...There shall be no cash or coinage in the hands of the non-elite. All transactions shall be carried out by means of a [microchip or other electronic device] which shall bear the identification of the holder...Banks large and small in the thousands are in the Committee of 300 network.."

We're already seeing the demise of many private banks, victims of the Freddie Mac and Fannie Mae lending crises, while Bilderburg members of the Federal Reserve system have been bailed out by the nation's taxpayers in debt financing agreements with the government. Depositors are denied market value on their loaned money as banks pocket the extra profits. 

"The key to successful control of the world is their ability to create and manage savage economic recessions and eventual depressions. The Committee of 300 looks to social convulsions on a global scale, followed by depressions, as a softening -up technique for bigger things to come as its principal method of creating masses of people all over the world who will become its 'welfare' recipients of the future.."

This certainly tracks well with Karl Marx's method of economic control for the masses. In the statement above, you have both the motivation for US foreign aid and the Federal Reserve's 'QE' series of destructive inflationary programs followed by sharp recession. These policies have created a vast new class of 'food stamp' and welfare recipients in the US and elsewhere. It also explains the global push for homosexual rights, etc.

 "The Club of Rome is still one of the most important foreign policy arms of the Committee of 300 --the other being the Bilderburgers."

Bilderburg is already exuding great influence in Washington but for the Committee to further its global objectives, Obama's re-election is key. At some point, the electronic voting system will be co-opted to ensure the desired global candidates are elected, with the winning votes aligning closely with the polls to increase public confidence in both the polling methods and electronic voting.

"The 'environment of change' is crippling the nation; we appear to have so little control that it has produced anxiety and confusion. We now look to group solutions instead of individual solutions to our problems."

How prophetic Coleman's words have been as we've subsequently elected the 'master of change' as our King. Consider that we have a national health care system that nobody wanted imposed by a president who is not a US citizen much less natural born whose personal records are sealed. That takes a great deal of political clout as well as logistics to pull off, something the committee has been known to possess.

How pervasive is the Committee of 300 influence in the US Govt. now? We're already victims of Bilderburg and the IMF. The financier's Committee of 300 is actively enslaving the population; it's just a matter of time before they get the rest of the pie.



Faking Gold Bars..what's next?

{We have no way of testing this piece's allegations beyond what is available to the general public. Prison Planet claims that the story is bogus, citing a letter from Bullion Vault's Adrian Ash. However in response: (1) Bullion vault is not without vested interest. (2) The article does not claim that the gold bars had been hollowed out but plated. (3) The difference in density would NOT show in a 400 ounce bar as the specific gravities of gold and Tungsten are identical at 19.3. Densities differ in the third decimal place, i.e. 0.692 to 0.697, ib/in3 (Perry's Ch.E. Handbook 4th Edition) with only a 0.72% difference. Drilling the bar would be required. (4) The article does not allege that gold was traded on LBMA. (5) The Federal Reserve has admitted to GATA that it has gold swap arrangements with foreign banks that isn't public information. Much of the Fed's response has been redacted by the Federal Open Market Committee (FOMC), a supposedly 'separate entity' ,who just happen to have access to the Fed's records. The mere existence of this rumor and the refusal of the Fed to supply complete information on its activities, is reason enough to call for a thorough audit of the system.

7-8-15 UPDATE: The New American suggests in Has the Federal Reserve Sold the Gold at Fort Knox?: "...That’s right: The Federal Reserve — the ultra-secretive central bank that controls the flow of money in the United States — apparently has monopoly control over the gold, too… since 1986, the vaults have literally been sealed shut. The seals were wax with a ribbon running through them connected to a document declaring the vaults sealed…"The Treasury Office Inspector General (OIG), which is currently responsible for the Deep Storage gold audits, has told me it is absolutely not routine to break the seals. Neither for inspection by a US Mint Director nor for the President of the United States will the seals be broken," Jansen writes…In 2010, however, the seals were broken and new, more durable plastic seals replaced the old wax ones. "

4-26-11 UPDATE: Two film reports now corroborate this story

The article is quite lengthy in developing its scenario but well worth the read. It poses some intriguing possibilities into the activities of the Federal Reserve System. Perhaps, this is why the Fed and its Congressional allies, such as Mass Rep. Barney Frank (D) have opposed Ron Paul's bill to audit the Fed while others have blocked it in the Senate. So, if the article's allegations are true, what's left to steal from the country? Just the labor of it's citizens and that's now in progress with Cap and Trade and health care reform. Economic hardship from the forced servitude of ordinary Americans, struggling against outrageous commodity prices, will be used to pay off debt incurred by its never-ending supply of treasonous politicians. - Ed.}

by Anonymous

When I first picked up on this tale, my first reaction was that this was another urban legend. I also thought that counterfeiting a bar of gold was a technical impossibility not having spent time checking out the possibilities. I finally made myself read this more recent item because the story remained persistent and I thought enough time had elapsed for a few obvious questions to be asked.

After reading that gold and tungsten have the same density, I cracked open my handy copy of ‘The Practicing Scientist’s Handbook (1978)’ and got the exact values. The density of gold is 19.32 g/cc and the density for tungsten is 19.3. Ouch! The difference is in the forth significant digit and no one usually measures beyond three significant digits.


To do so is no big trick, but everyone is working on three digits as good enough. One would have needed a very sensitive scale and a very sensitive volumetric device able to show that you were a few grams short on every ten or twenty kilos you were measuring.

The bottom line is that someone made a business out of looting the flow of gold somewhere along its transfer path. Done right, you would simply be in position to swap out replacement bars as needed. This means a cabal of employees was involved in some way or the other. It may even have begun with a single bar. The bar purchased outright was needed to make a dozen or more new bars with proper serial numbers. Then when the real bars were shipped with correct serial numbers, the switch took place. One could then produce a much larger number of bars. In short order you could switch out shipments without any fuss at all.

It will require a full audit of every bar in existence to find out how much has been stolen.

Anyway, before anyone gets excited about all this, it's long overdue for the globe to quit maintaining a gold reserve as if it has anything to do with reserve banking. Canada exited that game decades ago and no one much cares.

Whoever was involved has had ample time to hide and time during the looting process to create excellent escape plans.

In a way this is almost funny. You would have thought that the USA had been embarrassed enough this past year. When markets crash, it's normal for the accumulation of bad acts to become apparent and very public. This bit of skullduggery will not be surpassed for a century or two so I do not think we have to be worried about what is next.

It is difficult to think that this was ever a sanctioned operation because institutional memory would make sure that no fake gold ever went out of country. Most likely a key player retired or died and that was that.

It's one thing to counterfeit a twenty or hundred dollar bill. The amount of financial damage is usually limited to a specific region and only affects dozens of people and thousands of dollars. Secret Service agents quickly notify the banks on how to recognize these phony bills and retail outlets usually have procedures in place (such as special pens to test the paper) to stop their proliferation.

But what about gold? This is the most sacred of all commodities because it is thought to be the most trusted, reliable and valuable means of saving wealth.

A recent discovery -- in October of 2009 -- has been suppressed by the main stream media but has been circulating among the "big money" brokers and financial kingpins and is just now being revealed to the public. It involves the gold in Fort Knox -- the US Treasury gold -- that is the equity of our national wealth. In short, millions (with an "m") of gold bars are fake!

Who did this? Apparently our own government.

Background

In October of 2009 the Chinese received a shipment of gold bars. Gold is regularly exchanged between countries to pay debts and to settle the so-called balance of trade. Most gold is exchanged and stored in vaults under the supervision of a special organization based in London, the London Bullion Market Association (or LBMA). When the shipment was received, the Chinese government asked that special tests be performed to guarantee the purity and weight of the gold bars. In this test, four small holed are drilled into the gold bars and the metal is then analyzed.

Officials were shocked to learn that the bars were fake. They contained cores of tungsten with only an outer coating of real gold. What's more, these gold bars, containing serial numbers for tracking, originated in the US and had been stored in Fort Knox for years. There were reportedly between 5,600 to 5,700 bars, weighing 400 oz. each, in the shipment!

At first many gold experts assumed the fake gold originated in China, the world's best knock-off producers. The Chinese were quick to investigate and issued a statement that implicated the US in the scheme.

According to the Chinese investigation, the balance of this 1.3 million to 1.5 million 400 oz tungsten cache was also gold plated and then allegedly "sold" into the international market. Apparently, the global market is literally "stuffed full of 400 oz salted bars". Perhaps as much as 600-billion dollars worth.

An obscure news item originally published in the N.Y. Post [written by Jennifer Anderson] in late Jan. 04 perhaps makes sense now:

DA investigating NYMEX executive Manhattan, New York, --Feb. 2, 2004. A top executive at the New York Mercantile Exchange is being investigated by the Manhattan district attorney. Sources close to the exchange said that Stuart Smith, senior vice president of operations at the exchange, was served with a search warrant by the district attorney's office last week. Details of the investigation have not been disclosed, but a NYMEX spokeswoman said it was unrelated to any of the exchange's markets. She declined to comment further other than to say that charges had not been brought. A spokeswoman for the Manhattan district attorney's office also declined comment."

The offices of the Senior Vice President of Operations -- NYMEX -- is exactly where you would go to find the records [serial number and smelter of origin] for EVERY GOLD BAR ever PHYSICALLY settled on the exchange. They are required to keep these records. These precise records would show the lineage of all the physical gold settled on the exchange and hence "prove" that the amount of gold in question could not have possibly come from the U.S. mining operations -- because the amounts in question coming from U.S. smelters would undoubtedly be vastly bigger than domestic mine production.

No one knows whatever happened to Stuart Smith. After his offices were raided he took "administrative leave" from the NYMEX and he has never been heard from since. Amazingly, there never was any follow up on in the media on the original story as well as ZERO developments ever stemming from D.A. Morgenthau's office who executed the search warrant.

Are we to believe that NYMEX offices were raided, the Sr. V.P. of operations then takes leave -- all for nothing?

The revelations of additional fake gold bars explains another highly unusual story that also happened in 2004:

LONDON, April 14, 2004 (Reuters) -- NM Rothschild & Sons Ltd., the London-based unit of investment bank Rothschild [ROT.UL], will withdraw from trading commodities, including gold, in London as it reviews its operations, it said on Wednesday. Interestingly, GATA's Bill Murphy speculated about this back in 2004;

What is the GLD?

GLD is a short form for Good London Delivery. The London Bullion Market Association (LBMA) has defined "good delivery" as a delivery from an entity which is listed on their delivery list or meets the standards for said list and whose bars have passed testing requirements established by the association and updated from time to time. The bars have to be pure for AU in an area of 995.0 to 999.9 per 1000. Weight, Shape, Appearance, Marks and Weight Stamps are regulated as follows:

Weight: minimum 350 fine ounces AU; maximum 430 fine ounces AU, gross weight of a bar is expressed in troy ounces, in multiples of 0.025, rounded down to the nearest 0.025 of a troy ounce.

Dimensions: the recommended dimensions for a Good Delivery gold bar are: Top Surface: 255 x 81 mm; Bottom Surface: 236 x 57 mm; Thickness: 37 mm.

Fineness: the minimum 995.0 parts per thousand fine gold. Marks: Serial number; Assay stamp of refiner; Fineness (to four significant figures); Year of manufacture (expressed in four digits).

After reviewing their prospectus yet again, it becomes pretty clear that GLD was established to purposefully deflect investment dollars away from legitimate gold pursuits and to create a stealth, cesspool/catch-all, slush-fund and a likely destination for many of these fake tungsten bars where they would never see the light of day -- hidden behind the following legalese "shield" from the law:

[Excerpt from the GLD prospectus on page 17]

"Gold bars allocated to the Trust in connection with the creation of a Basket may not meet the London Good Delivery Standards and, if a Basket is issued against such gold, the Trust may suffer a loss. Neither the Trustee nor the Custodian independently confirms the fineness of the gold bars allocated to the Trust in connection with the creation of a Basket. The gold bars allocated to the Trust by the Custodian may be different from the reported fineness or weight required by the LBMA's standards for gold bars delivered in settlement of a gold trade, or the London Good Delivery Standards, the standards required by the Trust. If the Trustee nevertheless issues a Basket against such gold, and if the Custodian fails to satisfy its obligation to credit the Trust the amount of any deficiency, the Trust may suffer a loss."

The Gold Antitrust Action Committee (GATA) is an organization which has been nipping at the heels of the US Treasury Federal Reserve for several years now. The basis of GATA's accusations is that these institutions, in coordination with other complicit centralbanks and the large gold trading investment banks in the US, have been manipulating the price of gold for decades.

The Federal Reserve knows but is apparently part of the scheme

Earlier this year GATA filed a second Freedom of Information Act (FOIA) request with the Federal Reserve System for documents from 1990 to date having to do with gold swaps, gold swapped, or proposed gold swaps.

On Aug. 5, The Federal Reserve responded to this FOIA request by adding two more documents to those disclosed to GATA in April 2008 from the earlier FOIA request. These documents totaled 173 pages, many parts of which were redacted (blacked out). The Fed's response also noted that there were 137 pages of documents not disclosed that were alleged to be exempt from disclosure.

GATA appealed this determination on Aug. 20. The appeal asked for more information to substantiate the legitimacy of the claimed exemptions from disclosure and an explanation on why some documents, such as one posted on the Federal Reserve Web site that discusses gold swaps, were not included in the Aug. 5 document release.

In a Sept. 17, 2009, letter on Federal Reserve System letterhead, Federal Reserve governor Kevin M. Warsh completely denied GATA's appeal. The entire text of this letter can be examined at http://www.gata.org/files/GATAFedResponse-09-17-2009.pdf.

The first paragraph on the third page is the most revealing.

"In connection with your appeal, I have confirmed that the information withheld under exemption 4 consists of confidential commercial or financial information relating to the operations of the Federal Reserve Banks that was obtained within the meaning of exemption 4. This includes information relating to swap arrangements with foreign banks on behalf of the Federal Reserve System and is not the type of information that is customarily disclosed to the public. This information was properly withheld from you."

The above statement is an admission that the Federal Reserve has been involved with the fake gold bar swaps and that it refuses to disclose any information about its activities!

Why use tungsten?

If you are going to print fake money you need to have the special paper, otherwise the bills don't feel right and can be easily detected by special pens that most merchants and banks use. Likewise, if you are going to fake gold bars you had better be sure they have the same weight and properties of real gold.

In early 2008 millions of dollars in gold at the central bank of Ethiopia turned out to be fake. What were supposed to be bars of solid gold turned out to be nothing more than gold-plated steel. They tried to sell the stuff to South Africa and it was sent back when the South Africans noticed this little problem.

The problem with making good-quality fake gold is that gold is remarkably dense. It's almost twice the density of lead, and two-and-a-half times more dense than steel. You don't usually notice this because small gold rings and the like don't weigh enough to make it obvious, but if you've ever held a larger bar of gold, it's absolutely unmistakable: The stuff is very, very heavy.

The standard gold bar for bank-to-bank trade, known as a "London good delivery bar" weighs 400 troy ounces (over thirty-three pounds), yet is no bigger than a paperback novel. A bar of steel the same size would weigh only thirteen and a half pounds.

According to gold expert, Theo Gray, the problem is that there are very few metals that are as dense as gold, and with only two exceptions they all cost as much or more than gold.

The first exception is depleted uranium, which is cheap if you're a government, but hard for individuals to get. It's also radioactive, which could be a bit of an issue.

The second exception is a real winner: tungsten. Tungsten is vastly cheaper than gold (maybe $30 dollars a pound compared to $12,000 a pound for gold right now). And remarkably, it has exactly the same density as gold, to three decimal places. The main differences are that it's the wrong color, and that it's much, much harder than gold. (Very pure gold is quite soft, you can dent it with a fingernail.)

A top-of-the-line fake gold bar should match the color, surface hardness, density, chemical, and nuclear properties of gold perfectly. To do this, you could start with a tungsten slug about 1/8-inch smaller in each dimension than the gold bar you want, then cast a 1/16-inch layer of real pure gold all around it. This bar would feel right in the hand, it would have a dead ring when knocked as gold should, it would test right chemically, it would weigh *exactly* the right amount, and though I don't know this for sure, I think it would also pass an x-ray fluorescence scan, the 1/16" layer of pure gold being enough to stop the x-rays from reaching any tungsten. You'd pretty much have to drill it to find out it's fake.

Such a top-quality fake London good delivery bar would cost about $50,000 to produce because it's got a lot of real gold in it, but you'd still make a nice profit considering that a real one is worth closer to $400,000.

What's going to happen now?

Politicians like Ron Paul have been demanding that the Federal Reserve be more transparent and open up their records for public scrutiny. But the Fed has consistently refused, stating that these disclosures would undermine its operation. Yes, it certainly would!

UPDATE: Audit of Fed Reserve Amendment Passes!

"In an unprecedented defeat for the Federal Reserve, an amendment to audit the multi-trillion dollar institution was approved by the House Finance Committee with an overwhelming and bipartisan 43-26 vote on Thursday afternoon despite harried last-minute lobbying from top Fed officials and the surprise opposition of Chairman Barney Frank (D-Mass.), who had previously been a supporter.

The measure, cosponsored by Reps. Ron Paul (R-Texas) and Alan Grayson (D-Fla.), authorizes the Government Accountability Office to conduct a wide-ranging audit of the Fed's opaque deals with foreign central banks and major U.S. financial institutions. The Fed has never had a real audit in its history and little is known of what it does with the trillions of dollars at its disposal
. "

The manufacture of fake gold bars goes back years and, because of this, it is not likely that the originator of this scheme will ever be revealed or brought to justice. Meanwhile the world is just beginning to learn that much of its national reserves of gold may be fake. If more testing reveals that this gold was guaranteed by Fort Knox and the US Treasury then perhaps they will demand an exchange for "real" gold -- wouldn't you?

This is all happening at a time when the US economy is at its lowest and most vulnerable. The effects could be devastating.

Some investors are already selling gold commodities before these facts are widely known. They are investing instead in silver -- the next best metal. This will undoubtedly drive silver prices up.

According to Jim Willie, 24 year market analyst and Ph.D in statistics, "The bust cometh, and it will be spectacular. The stories told in the press will be peculiar, since not told objectively. The headlines might be a comedy, with phony reports of foreign subterfuge, when the perpetrators are home grown."