Global Settlements Foundation

 

 

 

The founders and trustees of the Global Settlement Foundation (GSF) have released the Finality of Settlement Part II on the GSF website. It lays out the facts of law, crimes against humanity, and extreme fraud. It will be served upon key de-facto world leaders as well as to those who are in charge of producing wealth. It is now on the public record worldwide. Feel free to mirror and distribute the PDF and this notice under the Rayservers Licence.

 

The following statements may sound harsh, and we do apologize if any offence is taken. It is high time to address these issues of law, money, and crimes against humanity.

 

The implications in law of the multi-generational Ponzi fraud that is being harvested worldwide is staggering. If you are a de facto world leader and think that somehow you can isolate “your country” from this mess, you are grossly mistaken. If you are an industry leader who is attempting to take refuge in such leaders, you will be disappointed as well. If you are waiting for handouts as a “settlement”, you are likely in for severe disillusionment. If you think that the DTC accounts have “money”, WAKE UP !! The only lawful money is gold and silver and it is long gone from the various treasuries ! If a “lender” practices fraudulent conversion to monetize the instrument executed by the “borrower”, the borrower becomes the true creditor. This is true worldwide on a national and personal level. Worse, the unit of account is a circular fraud, a 100% fiction, with two layers of fraud – bank liabilities to pay legal tender, and legal tender itself. Bank liabilities are not legal tender. If you did not know these facts, you have been defrauded.

 

It is a statement of fact that the UNITED STATES, the UNITED KINGDOM, all courts, and all “legislative” bodies are corporations. Look them up on Dun & Bradstreet. This pattern is repeated worldwide. We have NO COURTS OF LAW. In the United States, the 11th Amendment stripped the courts of common law jurisdiction over law and equity, thus publicly stating that all treaties since then are void on their face since they cannot be enforced.

 

Notice to military leaders – you CANNOT have a lawful war run by illicit corporations posing as legitimate government. A deliberative body such as the UNITED NATIONS is one step worse ! They have NO AUTHORITY under the Natural and Common Law, the Law of the Land to declare war upon millions of sovereign people of the land and cause harm or loss. Ignorance of the law is NOT an excuse. Thou shalt not cause harm or loss to another is the essence of the law. The full force of Natural and Common Law is applicable at all times in all places and cannot be annulled by the declaration of emergency, war or other device by any State or entity.

 

We will attempt to contact every de-facto world leader in their de-jure capacity as one of the sovereign people of the land, entrapped by circumstance. Most are entrapped, having discovered these realities after they have taken an oath of office. Did you know that the oath of office in America is a voluntary loss of American nationality? All oaths of office come under 22 CFR, Foreign Relations, Sections §§92.12 – 92.30, and all who hold public office come under Title 8 USC, Section §1481 “Loss of nationality by native-born or naturalized citizen; voluntary action; burden of proof; presumptions.” 

 

The solution, lest humanity perish in the next world war, is a return to lawful money and a system of lawful trade. With lawful money we can return to a just society, eliminate parasitic behaviour, protect the environment, and remove forever the spectre of annihilation.

 

This is a public notice. Her Majesty the Queen of EnglandPresident Barack Obama of the United StatesSecretary of State Hillary Clinton of the United StatesChancellor Angela MerkelLe Président de la République Nicolas Sarkozy of FranceThe Reigning Emperor ( ä»Šä¸Šå¤©çš‡) of JapanPresidente della Repubblica Giorgio Napolitano of ItalyPresident of the Russian Federation Dmitry MedvedevPresident of India Smt. Pratibha Devisingh PatilPresident of the People’s Republic of China 党和国家 最高领导人 Hu JintaoSecretary General Ban Ki-moon of the United Nations, in no particular order, amongst others, will be contacted as time and resources permit.

 

If you are a military leader such as Adm. Mike Mullen, Chairman of the Joint Chiefs of Staff, you need a copy of this document on your desk. If you are a Navy Judge Advocate General you need to be aware of these matters. Same goes for USA and UKProvost Marshals. You also need to be aware of the Rod Class case that is before the US Coast Guard. The same goes for heads of major military forces. The pressure to begin the distractions of war to mask the frauds will only increase as modern money mechanics crushes the ignorant of all their property and strips the deluded “rich” of their imaginary “trillions”.

 

We will also contact the BIS and all central banks, and those we believe are the financial powers, the intelligence agencies such as the CIAFBIMI5MI6, etc… We trust that the various alerting mechanisms that the powers above posses will put them on notice of our lawful intentions to exercise our unalienable right to a society of law not fraud by statute.

 

Only armed with knowledge, we shall take on this task of restoring lawful trade. Let this proceed and do not hinder us – it is to your advantage in the end !

 

Given all what we have said above, we DO NOT seek publicity. We are only interested in parties who can let the natural common law restore itself, for the Natural Law has never ceased to act. The alternative is to let Nature act via the next great war and punish those who have done violence against it, even if it be through ignorance.

 

 

 

PUBLIC NOTICE

 

The Global Settlement Foundation and its trustees are law abiding, neutral parties. We do not wish to cause harm or loss. Our duty is to return lawful trade and lawful money to the people of the land – the people of the Global Isles – by facilitating the return of the rule of the law, lawful money, and accountability.

 

Certain parties have, by their own actions, implicated themselves in crimes against humanity. Unfortunately this list of people includes practically every Head of State, legislator, government official, regulator, judge and law enforcement officer together with their partners in crime – the bankers to the world. The People of the Land will have to reign them in, and bring about justice via lawful grand juries. As a neutral party, our role is to provide the lawful alternative.

 

However, dear reader, by proceeding to read the material in this document, you will have to take action – or become party to the crime of Misprision of Felony. If you are a government servant, that is, “an official”, reading this – awaken, do your duty to return to your masters – the people – that which is theirs by right – and that which has been stolen by fraud. If you take no action, hinder the efforts of the Global Settlement Foundation or the Sundarsson Trust, cause harm or loss, waste our time, spread malicious lies or rumours, you will be held liable, subject to lawful arrest, arrest of your bond, arraignment in a lawful court of record or grand jury, incarceration, bills in lawful money, &c.

 

Finality of Settlement Part II

 

A Memorandum of Law and Economics

 

and

 

A Declaration of Trust and Passport of the Trustees

 

Contact: gsf@gsf.li PGP Key

 

All rights reserved without prejudice.

 

www.global-settlement.org/cms/node/6

http://www.galacticfriends.com/updates/nesara-canada/5161-nesara-history-true-story-a-canadian-info-sept-3010.html

Monday, May 24, 2010

NESARA – History – True Story Partial history of the true NESARA Law

by James Rink

With all their power and money the bankers thought themselves to be above the law, but cracks were now appearing in their foundations. Angry Americans were beginning to fight back. A class action lawsuit was brewing which would threaten to change the balance of power.

This change began in the mid 1970’s, when the Federal Land Bank illegally foreclosed on farmers mortgages all throughout the Midwest. In each of these cases the farmers were defrauded by the banks with the approval of the Federal Reserve System. These court cases would eventually become known as the farmer claims program.

In 1978 an elderly ranch farmer in Colorado purchased a farm with loan from the Federal Land Bank; after he died the property was passed on to his son Roy Schwasinger Jr., who was a retired military general. Soon after a Federal Land Bank officer and Federal Marshall appeared on his property and informed him the bank was foreclosing on his farm and to vacate within 30 days. Without his knowledge, his deceased father signed a stipulation which reverted the property back to the Federal Land Bank in the event of the borrower’s death.

Outraged, Roy Schwasinger filed a class action lawsuit in the Denver Federal Court system. But the case didn’t go very far and the suit was dismissed from filing incorrectly. This began Roy Schwasinger’s investigation into the inner workings of the banking system. In 1982 he was given a contract by the US senate and later Supreme Court to investigate banking fraud. But because he was under a strict non-disclosure order he was not allowed to tell the media what he discovered. In the late 80s he began sharing his knowledge with others including high ranking military personnel who helped him bring about a class action lawsuit against the federal government.

The first series of these lawsuits began in the mid 1980’s when William and Shirley Baskerville of Fort Collins, Colorado were involved in a bankruptcy case with First Interstate Bank of Fort Collins; who was trying to foreclose on their farm. At a restaurant their lawyer informed them that he would no longer be able to help them and walked-off. Overhearing the conversation Roy Schwasinger offered his advice on how to appeal the case in bankruptcy court. So in 1987 they filed an appeal (Case No. 87-C-716) with the United States District Court in Colorado.

On November 3, 1988, the Denver Federal Court system ruled that indeed the banks had defrauded the Baskervilles and proceeded to reverse its bankruptcy decision. But when the foreclosed property was not returned they filed a new lawsuit. Eventually, 23 other farmers, ranchers, and Indians swindled by the banks in the same manner would join in the case.

In these cases, the banks were foreclosing on the properties using fraudulent methods such as charging exorbitant interest, illegal foreclosure, or by not crediting mortgage payments to their account as they should have but instead would steal the mortgage payments for themselves triggering foreclosure on the property. After running out of money they continued their fight without the help of lawyers. With some assistance by the Farmers Union a new lawsuit was filed against the Federal Land Bank and the Farmers Credit System.

(1) Case No. 92-C-1781

The District Court ruled in their favor and ordered the banks to return the stolen properties with help from either Federal Marshals or the National Guard. But when no payments were made, the farmers declared involuntary Chapter Seven Bankruptcy against the Federal Land Bank and the Farmers Credit System. The banks appealed their case insisting they were not a business but a federal agency therefore they were not liable to pay the damages.

So the farmer’s legal team adopted a new strategy. According to the Federal Land Bank’s 1933 charter they are not allowed to make loans directly to applicants, but instead could only back loans as a guarantor in case of default. Because the Federal Land Bank had violated this rule the farmer’s legal team was able to successfully sue the bank for damages.

Word of the lawsuit began to spread; the legal team would teach others how to fight foreclosure and to help them file lawsuits as well (Case No. 93-1308-M). Celebrities such as Willie Nelson joined in the cause and helped raise money during his “Farm Aid” concerts. Here is short clip of Willie Nelson describing in his own words the series of events leading up to the farmer claims legal case……

The Baskerville case had now become the Farmer Claims Class Action Lawsuit. Worried about the legal ramifications the government retaliated against the farmers by hitting them with either outrageous IRS fees, or by imprisoning the legal team under frivolous nonrelated charges. When the farmers realized they were being unfairly targeted, they had military generals such as General Roy Schwasinger sit in the courtroom to make sure the bribed judges would vote according to constitutional law.

The farmers now with a large team of knowledgeable people of the law behind them filed a new case to claim additional damages from the fraudulent loaning activities of the Farmers Credit System.

The government tried to settle but they had already lost many cases and were now loosing the appeals as well. More and more evidence was collected. According to the National Banking Act all banks are required to register their charters with the Federal and State Bureau of Records, but none of the banks complied, allowing the legal team to sue the Farmers Credit System. Not only was Farmers Credit System not chartered to do business with the American Banking Association, but so were other quasi government organizations such as the Federal Housing Administration, The Department of Housing and Urban Development, and even the Federal Reserve Bank.

The Farmers Claims lawsuit was thrown out of court at each level with the records purposely destroyed. So in the early 1990’s Roy Schwasinger brought the case before the United States Supreme Court. Some of the content of this case is sealed from public eyes but most of it can be viewed today.

Almost (u-nan-ah-mous-ly) unanimously the U.S. Supreme Court Justices ruled that the Farmers Union claims were indeed VALID, therefore, all property foreclosed by the Farmers Credit System was illegal and all those who were foreclosed on would have to receive damages. In addition, they ruled that the U.S. federal government and banks had defrauded the farmers, and all U.S. citizens, out of vast sums of money and property.

And furthermore, the court ruled the shocking truth that the IRS was a Puerto Rican Trust and that the Federal Reserve was unlawful, that the income tax amendment was only ratified by four states and therefore was not a legal amendment, that the IRS code was not enacted into “Positive Law”* within the Code of Federal Regulations, and how the U.S. government illegally foreclosed on farmer’s homes with help from federal agencies.

*Positive Law

Laws that have been enacted by a properly instituted and recognized branch of the government.

Irrefutable proof was presented by a retired CIA agent. He provided testimony and records of the banks illegal activities, to lead further evidence that the Farmers’ Union claims were indeed legitimate. The implications of such a decision were profound. All gold, silver, and property titles, taken by the Federal Reserve and IRS must be returned to the people.

The legal team sought assistance from a small group of benevolent visionaries, consisting of politicians, military generals, and business people who have been secretly working to restore the constitution since the mid 1950’s. Somehow within their ranks, a four star U.S. army general received “title” and “receiver” of the original 1933 United States Bankruptcy.

When the case was brought before the U.S. Supreme Court, they ruled in his favor, giving the Army General title over the United States, Inc. Legal action was then passed on to the Senate Finance Committee and Senator Sam Nunn, who was working with Roy Schwasinger. With the help of covert congressional and political pressure, President George H.W. Bush issued an Executive Order (a) on Oct. 23, 1991, which provided a provision allowing anyone who has a claim against the federal government to receive payment as long as it’s within the rules of the original format of the case.

(a) Executive Order No. 12778 Principles of Ethical Conduct for Government Officers and Employees; October 23, 1991

According to the Federal Reserve Act of 1913, all present and succeeding debts against the U.S. Treasury must be assumed by the Federal Reserve. Thus the famer’s claims legal team was able to use that executive order to not only force the Federal Reserve to pay out damages in a gold backed currency but also allow them to receive legal ownership over the bankruptcy of United States, Inc.

To collect damages the farmers legal team used an obscure attachment to the 14th amendment which most people are not aware of. After the civil war the government allowed citizens to claim a payment on anyone who suffered damages as a result of the Federal Government failing to protect its citizens from harm or damages by a foreign government. President Grant had this attachment sealed from public eyes but somehow, someone the farmer’s legal team got a hold of it.

If you listened to that carefully, it specifies damages by a foreign government. That foreign government is the corporate federal government which has been masquerading to the public as the constitutional government. Remember this goes back to the Organic Act of 1871 and the Trading with the Enemies Act of 1933, which defined all citizens as enemy combatants under the federal system known as the United States. The Justices and farmer’s legal team recognized how evil and corrupt our federal government had become and to counteract this they added some provisions in the settlement to bring the government back under control.

a. First they would have to be paid using a lawful currency, backed by gold and silver as the constitution dictates. This would eliminate inflation and gyrating economic cycles created by the Federal Reserve System.

b. Second they would be required to go back to common law instead of admiralty law under the gold fringe flags. Under common law if there is no damage or harm done then there is no violation of the law. This would eliminate millions of laws which are used to control the masses and protect corrupt politicians.

c. Lastly the IRS would have to be dismantled and replaced with a national sales tax. This is the basis of the NESARA Law.

When the legal team finally settled on a figure, each individual would receive an average of $20 million dollars payout per claim. Multiplied by a total of 336,000 claims that were filed against the U.S. Federal Government, the total payout would come out to a staggering $6.6 trillion dollars.

The U.S. Supreme Court placed a gag order on the case, struck all information from the Federal Registry, and placed all records in the Supreme Court files. Up to that point Senator Sam Nunn had kept the Baskerville Case records within his office. A settlement was agreed to out of court and the decision was sealed by Janet Reno. Because the case was sealed, claimants are not allowed to share court documents to media outlets without violating the settlement, but they can still tell others about the lawsuit. This is why you probably have not heard about this.

In 1991 Roy Schwasinger went before a senate committee to present evidence of the banks and governments criminal activity. He informed them how the Corporation of the United States was tied to the establishment of a New World Order which would bring about a fascist one world government ruled by the international bankers. So in 1992 a task force was put together consisting of over 300 retired and 35 active US military officers who strongly supported constitutional law.* This task force was responsible for investigating governmental officials, congressional officers, judges, and the Federal Reserve.

*Chief of Naval Operations, Admiral Jeremy Boorda

*General David McCloud

*Former Director of Central Intelligence, William Colby

They uncovered the common practice of bribery and extortion committed by both senators and judges. The criminal activity was so rampant that only 2 out of 535 members of congress were deemed honest. But more importantly they carried out the first ever audit of the Federal Reserve.

The Federal Reserve was used to giving orders to politicians and had no intentions of being audited. However after they were informed their offices would be raided under military gunpoint if necessary; they complied with the investigation. After reviewing their files the military officers found $800 trillion dollars sitting in accounts which should have been applied to the national debt. And contrary to federal government propaganda they also discovered that most nations had in fact owed money to the United States instead of the other way around.

These hidden trillions were then confiscated and placed into European bank accounts in order to generate the enormous funds needed to pay the farmers claims class action lawsuit, later this money would become the basis of the prosperity programs.

Despite these death blows President George H.W. Bush and the illuminati continued on with their plans of global enslavement.

In August 1992 the military officers confronted President Bush and demanded he sign agreement that he would return the United States to constitutional law and ordered him to never use the term New World Order again. Bush pretended to cooperate but secretly planned to bring about the New World Order anyway by signing an Executive Order on December 25, 1992, that would have indefinitely closed all banks giving Bush an excuse to declare martial law.

Under the chaos of martial law, Bush intended to install a new constitution which would have kept everyone currently in office in their same position for 25 years and it would have removed all rights to elect new officials. The military intervened and stopped Bush from signing that Executive order.

In 1993 members of the Supreme Court, certain members of congress and representatives from the Clinton government meet with high ranking US military officers who were demanding a return to constitutional law, reforms of the banking system, and financial redress. They agreed to create the farm claims process which would allow the legal team to set up meetings all over the country on a grass roots level to help others file claims and to educate them about the lawsuit.

A claim of harm could be made on any loan issued by a financial institution for all interest paid; foreclosures; attorney and court fees; IRS taxes or liens; real estate and property taxes; mental and emotional stress caused by the loss of property; stress related illness such as suicide and divorce; and even warrants, incarceration, and probation could also be claimed.

But the Clinton government undermined their efforts by requiring the farm claims to use a specific form designed by the government. This form imposed an administrative fee of $300 for each claim, which was later used in 1994 as a basis to arrest the leaders of the legal team including Roy Schwasinger.

The government was so afraid of what they would say during their trial in Michigan that extra steps were taken to conceal the true nature of the case. County courthouse employees were not allowed to work between Monday and Thursday during the course of the trial. And outside the courthouse, FBI agents swarmed the perimeter preventing the media and visitors from learning what was going on as well.

Harassment and retaliation by the government increased, many where sent prison or murdered while incarcerated. Despite being protected by his military personnel the army general who acquired the original 1933 Title of Bankruptcy of the United States; was imprisoned, killed, and replaced with a clone. This clone was then used as a decoy to prevent any further claims from being filed.

During the first Clinton administration the military delayed many of Clinton’s federal appointments until they were sure these individuals would help restore constitutional law. One such individual who promised to bring about the necessary changes was Attorney General Janet Reno.

In agreement with the Supreme Court ruling on June 3, 1993, Janet Reno ordered the Delta Force and Navy Seals to Switzerland, England, and Israel to recapture trillions of dollars of gold stolen by the Federal Reserve System from the strategic gold reserves. These nations cooperated with the raid because they were promised their debts owed to the United States would be canceled and because the people who stole the money from the United States also stole money from their nations as well.

This bullion is to be used for the new currency backed by precious metals. It’s now safely stockpiled at the Norad Complex at Colorado Springs, Colorado and four other repositories. Janet Reno’s action so enraged the powers-that-be, that it resulted in her death. She was then replaced with a clone and it was this creature that was responsible for covering-up the various Clinton scandals.

To keep the Secretary of the U.S. Treasury Robert Rubin in line, he too was also cloned. For the remainder of their term in office both Reno and Rubin received their salaries from the International Monetary Fund as foreign agents and not from the U.S. Treasury. Despite these actions the legal team continued on with their fight while managing to avoid bloodshed and a major revolution.

After 1993 the farmer claims process name was changed to Bank Claims. Between 1993 and 1996, the U.S. Supreme Court required U.S. citizens to file “Bank Claims” to collect damages paid by the U.S. Treasury Department. This process CLOSED in 1996.

During this time the U.S. Supreme Court assigned one or more Justices to monitor the progress of the rulings. They enlisted help of experts in economics, monetary systems, banking, constitutional government and law, and many other related areas. These justices built coalitions of support and assistance with thousands of people worldwide; known as ‘White Knights”. The term ‘White Knights’ was borrowed from the world of big business. It refers to a vulnerable company that is rescued by a corporation or a wealthy person from a hostile takeover.

To implement the required changes, the five Justices spent years negotiating how the reformations would occur. Eventually they settled on certain agreements, also known as ‘Accords’, with the U.S. government, the Federal Reserve Bank owners, the International Monetary Fund, the World Bank, and with numerous other countries including the United Kingdom and countries of the Euro Zone. Because these U.S. banking reformations will impact the entire world; the IMF, World Bank, and other countries had to be involved. The reformations require that the Federal Reserve be absorbed by the U.S. Treasury Department and the banks’ fraudulent activities must be stopped and payment must be made for past harm.

In 1998, the military generals who originally participated in the famer’s claim process realized that the US Supreme Court justices had no intentions of implementing the ‘Accords.’ So they decided the only way to implement the reformations was through a law passed by congress. In 1999 a 75 page document known as the National Economic Security and Reformation Act (NESARA) was submitted to congress where it sat with little action for almost a year.

Late one evening on March 9, 2000, a written quorum call was hand-delivered by Delta Force and Navy SEALs to 15 members of the US Senate and the US House who were sponsors and co-sponsors of NESARA. They were immediately escorted by the Delta Force and Navy SEALs to their respective voting chambers where they passed the National Economic Security and Reformation Act.

These 15 members of congress were the only people lawfully allowed to hold office in accordance with the original 13th amendment. Remember British soldiers destroyed copies of the Titles of Nobility Amendment (TONA) in the war of 1812 because it prevented anyone who had ties to the crown of England from holding public office.

NESARA is the most ground breaking reformation to sweep not only this country but our planet in its entire history. The act does away with the Federal Reserve Bank, the IRS, the shadow government, and much more.

NESARA implements the following changes:

1. Zeros out all credit card, mortgage, and other bank debt due to illegal banking and government activities. This is the Federal Reserve’s worst nightmare, a “jubilee” or a forgiveness of debt.

2. Abolishes the income tax

3. Abolishes the IRS. Employees of the IRS will be transferred into the US Treasury national sales tax area.

4. Creates a 14% flat rate non-essential ‘new items only’ sales tax revenue for the government. In other words food and medicine will not be taxed; nor will used items such as old homes.

5. Increases benefits to senior citizens

6. Returns Constitutional Law to all courts and legal matters.

7. Reinstates the original Title of Nobility amendment. Hundreds of thousands of Americans under the control of foreign powers will lose their citizenship, be deported to other countries, and barred from reentry for the remainder of their life. And millions of people will soon discover their college degrees are now worthless paper.

8. Establishes new Presidential and Congressional elections within 120 days after NESARA’s announcement. The intern government will cancel all “National Emergencies” and return us back to constitutional law.

9. Monitors elections and prevents illegal election activities of special interest groups.

10. Creates a new U.S. Treasury, ‘rainbow currency,’ backed by gold, silver, and platinum precious metals, ending the bankruptcy of the United States initiated by Franklin Roosevelt in 1933.

11. Forbids the sale of American birth certificate records as chattel property bonds by the US Department of Transportation.

12. Initiates new U.S. Treasury Bank System in alignment with Constitutional Law

13. Eliminates the Federal Reserve System. During the transition period the Federal Reserve will be allowed to operate side by side of the U.S. treasury for one year in order to remove all Federal Reserve notes from the money supply.

14. Restores financial privacy

15. Retrains all judges and attorneys in Constitutional Law

16. Ceases all aggressive, U.S. government military actions worldwide

17. Establishes peace throughout the world

18. Releases enormous sums of money for humanitarian purposes

19. Enables the release of over 6,000 patents of suppressed technologies that are being withheld from the public under the guise of national security, including free energy devices, antigravity, and sonic healing machines.

Because President Clinton’s clone had no interest in signing NESARA into law on October 10, 2000; under orders from U.S. military generals the elite Naval Seals and Delta Force stormed the White House and under gunpoint forced Bill Clinton to sign NESARA. During this time Secret Service and White House security personnel were ordered to stand down, disarmed, and allowed to witness this event under a gag order.

From its very inception Bush Sr., the corporate government, major bank houses, and the Carlyle group have opposed NESARA. To maintain secrecy, the case details and the docket number were sealed and revised within the official congressional registry, to reflect a commemorative coin and then again it was revised even more recently. This is why there are no public Congressional Records and why a search for this law will not yield the correct details until after the reformations are made public.

You probably never of this law due to an extremely strict gag order placed upon politicians, media personnel, and bank officers. Even though Alex Jones or Ron Paul will not tell you about it, the law is still valid.

And members of congress will not tell us any of this because they have been ordered by the U.S. Supreme Court Justices to ‘deny’ the existence of NESARA or face charges of treason punishable by death. Some members of Congress have actually been charged with ‘obstruction.’ When Minnesota Senator Paul Wellstone was about to break the gag order, but before he could, his small passenger plane crashed killing his wife, daughter, and himself.

If fear isn’t enough to keep congress in line, money is. The CIA routinely bribes senators with stolen loot from the bank roll programs. Every senator has been bribed with a minimum of $200 million dollars deposited in a Bank of America account in Canada. You will never hear the media networks report about NESARA. To maintain silence, major news networks such as CNN are paid in the tune of $2 billion dollars annually. Some of this loot is funneled by the Mormon Church in Utah through Senator Orin Hatch’s office and Bank of America.

Not only is congress bribed but the entire Joint Chiefs of Staff and upper tier of the government including the president receives these payments as well. Only the Provost Marshall has the lawful authority to arrest these individuals, but sadly he won’t do his job either. It seems the United State military is full of pencil pushing politicians who care more about advancement then doing their job.

And not surprisingly, much disinformation about NESARA can be found on the internet. Prominent nay-sayers include quatloos.com, which is rumored to be a CIA front; nesara.org which is maintained by the Bush family; Sherry Shriner; and various Internet channelers receiving their messages from telepathic spooks have all contributed to the confusion.

Even the information on Wikipedia is in error. Wikipedia gives you the history of CIA agent Harvey Barnard’s NESARA law. If you look closely, this law stands for National Economic Stabilization and Recovery Act, which would have made reforms to the economy and replace the income tax with a national sales tax. This law was rejected by congress in the 1990’s. But there is little mention of the National Economic Security and Reformation Act on Wikipedia or its ramifications.

September 11, 2001

The next step is to announce NESARA to the world, but it’s not an easy task to do. Many powerful groups have tried to prevent the implementation of NESARA.

The NESARA law requires that at least once a year, an effort be made to announce the law to the public. Three current US Supreme Court judges control the committee in charge of NESARA’s announcement. These Judges have used their overall authority to secretly sabotage NESARA’s announcement.

In 2001 after much negotiation the Supreme Court justices ordered the current Congress to pass resolutions ‘approving’ NESARA. This took place on September 9, 2001, eighteen months after NESARA became law. On September 10, 2001, George Bush Sr. moved into the White house to steer his son on how to block the announcement. The next day, on September 11, 2001, at 10 am Eastern Daylight Time, Alan Greenspan was scheduled to announce the new US Treasury Bank system, debt forgiveness for all U.S. citizens, and abolishment of the IRS as the first part of the public announcements of NESARA.

Just before the announcement at 9 am, Bush Sr. ordered the demolition of World Trade Center to stop the international banking computers on floors one and two, in the North Tower from initiating the new U.S. Treasury Bank system. Explosives in the World Trade Center were planted by both CIA and Mossad operatives and detonated remotely in Building 7 which was demolished later that day in order to cover-up their crime.

Remote pilot technology was used in a flyover event to deliver a payload of explosives into the Pentagon at the exact location of the White Knights in their new Naval Command Center who were coordinating activities supporting NESARA’s implementation nationwide. With the announcement of NESARA stopped dead in its tracks, George Bush Sr. decapitated any hopes of returning the government back to the people.

http://www.godlikeproductions.com/forum1/message1029116/pg538

Posted by John MacHaffie at 5:41 PM

PEACE and PROSPERITY Canadian Benefits

CANADA is about to share the benefits of the most humanitarian and revolutionary event the world has ever seen. NESARA brings PEACE, WORLDWIDE PROSPERITY and INTERNATIONAL ECONOMIC BENEFITS.

As USA is the bastion of FREEDOM in this world, NESARA has to be implemented there first. Canada follows the next day. In October 2000, after being passed by Congress, President Bill Clinton signed the National Economic and Security and Reformation Act (NESARA): 153 nations, including CANADA, have agreed by treaty at the World Court (International Court of Justice in the Hague) to implement these improvements.

This is the beginning of what has been termed the Golden Age, prophesied since biblical times.

Behind the scenes right now it is hectic ….. and the Illuminati frantic. Alan Greenspan’s 1966 article explained the benefits of a gold-backed currency and this will be welcomed in international financial markets, as business worldwide will receive a tremendous boost from NESARA.. Some experts will lecture for about 30 hours on TV explaining NESARA in detail once the initial public announcement has been made. Don’t miss it!Until its official announcement, all government, banking, military, intelligence, Congressional, business, and other personnel and officials who have had to be informed about NESARA due to their professional duties, have been sworn to secrecy and would be charged with treason if they even admit that it exists, on account of sensitive information crashing the stock and commodity markets, and causing massive economic problems worldwide.

The announcement has been delayed by the wiles of the international bankers, who would lose control over the nations of this world when it is introduced, but we are now on the point of its implementation worldwide..

To give you an idea of what is at stake here, here are just some of the NESARA improvements:-

* All banks become TREASURY banks and new currency, backed by precious metals, is issued on a one for one basis

* CANADIAN BANK DEBTS – your home mortgage, bank car loan, college education and other loans are forgiven if you are a Canadian citizen, as part of the compensation program for bank fraud

* CREDIT CARD balances (again, on Canadian banks – and many major department stores or merchants as well) – are zeroed-out immediately, for both Canadian citizens and Landed Immigrants

* CCRA is DISBANDED and all INCOME TAX – both personal and business – (which never did go to any government in Canada or the States) – is abolished; and compensation for this fraud also paid out

* GST is replaced with a straight sales tax on new, non-essential goods and services

* COMMON LAW is the Law of the Land with sovereign citizenship, restoration of the Constitution; all statutory laws are cancelled; all cases on the books are stopped, judges receive re-training

* The GOVERNMENT RESIGNS – many members, past and present, charged with Treason; temporary Prime Minister installed; followed by elections with constitutionally acceptable candidates

* Canada is at PEACE, not WAR – so all Canadian military overseas are brought back home

* * * Information based upon US reports on the impact of NESARA on USA and other countries * * *

Every other country tied into the International Monetary Fund will also have to follow along with these provisions so every one benefits!

http://www.galacticfriends.com/updates/nesara-canada/5161-nesara-history-true-story-a-canadian-info-sept-3010.html

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http://www.freedom-force.org/freedomcontent.cfm?fuseaction=nesara

Freedom Force International

NESARA

The National Economic Stabilazation and Recovery Act
(aka The National Economic Security and Reformation Act)
and other myths from Dove and the White Knight
An analysis by G. Edward Griffin

Copyright © 2003 – 2006
Revised 2006 May 5

The following stream of comments was assembled over a two-year period and has become longer than most people will want to follow. Unless you have a special interest in this topic, I recommend that you read the first segment and then skip to the last. Everything in between is merely a progression between the opening summary and the final conclusion.


NESARA is an old idea dressed in new clothing. The assumption is that those big, bad bankers are the cause of all our monetary problems. If we can just take away their power to create money out of nothing and let our politicians create money out of nothing instead, everything will be all right. It won’t. The problem is, not who runs the scam, but the fact that it IS a scam. Fiat money is fiat money no matter who make it. Politicians are no more trustworthy than bankers – and often they are one and the same.

In the NESARA Executive Summary, point number one says that the bill would establish Treasury credit notes. That means money based on debt, not bullion. It is fiat money. And, incidentally, credit notes are forbidden by the Constitution, so the claim that NERSARA is Constitutional is totally false.

Point number three calls, not for abolishing the Fed, but for merely turning it over to the Treasury. Point number five calls for continuing the operation of the Open Market Committee, which is the primary mechanism by which the Fed creates money out of nothing.

Don’t fall for this trap. It is not a solution. The preliminary wording is very strong and positive sounding, but it is deception. It would give people the false impression that something is being done but, in the end, the same people would be perpetuating the same scam as before.

The sentiments expressed in the previous paragraphs were written in November 2001. In December of 2002, a web site was brought to my attention that adds much more detail about the NESARA scam. It is published by the Financial and Tax Fraud Education Associates and is well worth viewing. http://www.quatloos.com/NESARA.htm (Cashed)

Ed Griffin


Since writing this commentary, the following exchange was published by the NESARA group. My reply is in parentheses in the final letter.

Ed Griffin
Commentary
The Creature from Jekyll Island

Although we agree with Mr. Griffin regarding abolishing the Fed, establishing a sound currency, and preventing politicians from creating money, we are tempted to think that Mr. Griffin has not truly studied the NESARA proposal, but only provided a cursory glance. We only hope that Mr. Griffin will someday study NESARA.

We are posting the following message exchange as informational value. Responding to Mr. Griffin’s generic response, a NESARA supporter wrote to Mr. Griffin. [Editor’s note: because this was an email exchange we’ve made minor editorial changes to improve readability.]

From: J. B.
To: webmaster@realityzone.com
Sent: Sunday, January 27, 2002 5:41 PM
Subject: Loss of credibility

Your Reality Zone certainly lost a lot of creditability with this posting. Have you actually studied this proposed bill and its underlying ideas?

The issues of fiscal and monetary policy are moral issues which dictate the rules governing the applications of the concept of money and the type of currency used within these systems. Of all of the systems known, a truly free market system is by far the most moral.

I would suggest to you reread The National Economic Stabilization and Recovery Act, assuming that you actually read it once already, and its supporting ideas. It is both Constitutional and politically doable.

The problem with fractional reserve fiat currency banking is found not in its existence but in the allocation of the benefits to be derived from its ownership and control. NESARA insists that a sovereign people by moral right own the nation’s monetary system and are due the major benefits of that ownership. It is the government’s constitutional duty to establish the standards applicable to the monetary system and the rules and regulations for the banking industry. Neither the government nor the banking institutions are entrusted with control of the monetary system, that function being performed by a free market within the rules instituted by NESARA.

NESARA rests upon a new expanded theory of money derived from system theory and upon the same two legal pillars that [von] Mises applied: (1) the enforcement of contracts by the civil government; and (2) the right of peaceful, non-fraudulent voluntary exchange.

A few professionals may understand and debate economic theory and monetary policy, but the public’s primary interest will remain as it always has in voting for candidates who promise them immediate positive benefits in their daily lives. There lies the path to fiscal and monetary reform.

The nesara.org web site contains a lot of information but none of it is so complex that it defies understanding by anyone of average intelligence who takes the time to study it. I fail to understand how you could be so far off point.

J. B.

Mr. Griffin’s response to J. B.:

Hello J. B.

I suggest you read The Creature from Jekyll Island, especially the section called A Crash Course on Money. You may not agree with it, but it will give you an understanding of the reasons I cannot endorse NESARA. The problem is fiat money, not who makes it. NESARA does not eliminate fiat money. It merely turns the operation over to the Treasury. It is based on the assumption that we can’t trust bankers but we can trust politicians. History does not support that confidence.

In the Executive Summary, point number one says that the bill would establish Treasury credit notes. That means money based on debt, not bullion. It is fiat money. And, incidentally, credit notes are forbidden by the Constitution. So the claim that NESARA is Constitutional is totally false.

Point number three calls for turning the Fed over to the Treasury. Point number five calls for continuing the operation of the Open Market Committee, which is the primary mechanism by which the Fed creates money out of nothing.

Don’t fall for this trap. It is not a solution. It will give people the false impression that something is being done but, in the end, the same people would be perpetuating the same scam as before.

Ed Griffin

J.B.’s response:

Dear Ed,

I have read all of The Creature From Jekyll Island and everything else that I can find on the subject and I do understand the creation of fiat money by the government and the banks.

Back in the early 1980s I attended lots of the Patriot meetings and know most of the people in the movement. At a meeting in Denver of about 400 people, I asked if any of the people present could tell me how much money the Fed rebated to the U.S. Treasury that year. No one could tell me even though several knew that since W.W. II the Fed must rebate excess profits to the government.

During a break for lunch, I called the Comptroller’s office of the Fed bank in Denver to ask for that information. A nice lady answered the phone but said she couldn’t help me because all of the officers of the bank were out to lunch. Then she gave me the 800 number for the Fed in Kansas City and suggested that I call them saying, “They have already had lunch.”

I immediately called the K.C. Fed and asked to speak to the Comptroller. When he answered the phone I asked him two questions: 1) How much money did the Fed receive as interest payments on U.S. debt that year? and 2) How much money the Fed rebated to the U.S. Treasury that year?

The Comptroller explained to me that he couldn’t immediately answer my questions because he didn’t have the numbers for the Fed, but he could give me the numbers for the K.C. bank, which should be typical, because he just happened to have them on his desk at the time I called.

Now I don’t remember the numbers exactly but he said the K.C. bank had collected about $95 billion in interest payments on U.S. debt that year and had rebated about $112 billion to the U.S. Treasury. I told him that his numbers didn’t sound reasonable, that the KC Fed couldn’t be rebating more than they collected or they would soon go broke.

The Comptroller explained to me that he had answered my questions exactly. The KC Fed had collected the $95 billion on U.S. government debt and rebated the $112 billion to the Treasury because that number included the rebated interest they had collected on English, German, Japanese, etc. bonds also!

I provided that information to the conference attendees that afternoon. 1) They didn’t believe me because “the Fed Officers are all liars” and 2) They had never bothered checking the facts because, “Everybody at the Fed is a crook and we don’t talk to those people.”

Needless to say, the so-called Patriots lost a lot of creditability with me that afternoon.

(I don’t understand what any of that has to do with the case in point. Had I been in the audience that day, I would have explained –what I wrote in my book – that the Fed does, indeed rebate to the Treasury all of its interest payments less the cost of its overhead. In other words, the Fed gets its operating expenses paid by interest payments but does not make a profit on them. Furthermore, I would have explained that this is not where the action is. It’s not the interest collected on money created out of nothing and loaned to the government. It’s the much larger amount of interest collected on money created out of nothing and loaned into the private sector by the commercial banks. What would NESARA do about that? NESARA looks only at the smaller and relatively harmless part of the equation and ignores the larger and much more devastating part. EG)

I will certainly agree with you that the government gave away our monetary system to the Fed in 1913 and, in collusion with them, stole gold from the American people. I am mad about that and I want our monetary system and our gold back!

As a political strategist and consultant, I can tell you that NESARA offers the American people their best chance for recovery. The Fed bankers like fiat money so much, we should give them some! NESARA authorizes the Treasury to print new currency and deliver a pile of it to the Fed to repurchase all outstanding U.S. debt as provided in the original 1913 act which created the central bank.

(No matter how you slice it, this is still fiat money and, as such, is not a real solution. EG)

The Secretary of the Treasury delivers the new fiat money to the Fed and fires Alan Greenspan. The U.S. Treasury recovers all of the nation’s debt held by the Fed and all of our gold for just a printing cost. And Alan and the other Fed officers don’t get to take any of that new fiat money with them because it all belongs to the Fed and they are just employees. That same fiat money now gets used to “buy” back all of the Fed stock held by the commercial banks and to recover any government debt paper they hold. And since the new fiat currency is the only thing they can use as bank reserves, it doesn’t enter commerce and doesn’t affect prices.

(And so the Fed, now under control of those nice, trustworthy politicians instead of the big bad bankers, can continue creating money out of nothing as it has always done. Clearly this is not a solution but a continuation of the problem. EG)

NESARA requires that all of the recovered gold and silver be coined and made available to the American people at market price in exchange for the fiat currency they hold. Seems very fair; we give them their fiat paper and get our gold back.

(Not a bad concept except there is no provision for creating a real money supply with gold or silver backing. Again, the solution is missing. EG)

The Constitution prohibits “Bills of Credit” which were immoral because they promised redemption in gold when there was never enough gold to redeem the full amount issued. The new Treasury Credit Notes are Constitutional because they are not redeemable and their acceptance cannot be compelled. And if you don’t like any you may find, turn them in for gold coin.

(This is not realistic. In a free market where individuals are not forced by law to accept unbacked bills of credit, their value will be near zero. And if they have no market value, there is little point in issuing them in the first place. Besides, even if they are not bolstered by legal tender laws, they still are unconstitutional. EG)

Point number five does call for continuing the operation of the Open Market Committee, which is the primary mechanism by which the Fed creates money out of nothing, but maybe you didn’t notice its structure or its limitations. Twelve good Americans make up the new Board, not one of which is a banker, lawyer or a politician. If you are fraudulently charged with a crime, you can expect 12 good people to come to your rescue. And if this system doesn’t work then nothing in the American system will work. The new Board works the same way and notice that they can only buy debt, which is immediately canceled, they can’t sell it, ever.

(Putting faith in “good” men is the greatest folly of all. That is the basis of the present system. Doesn’t the public generally agree that the Chairman and members of the Federal Reserve Board are “good” men? One of the main themes in my book is that the money supply must never be determined by a committee or a commission or an agency or any other group of wise and virtuous men. If history teaches us anything it is that there is no such thing. Eventually, all such groups will be corrupted by the power that is in their hands. This proposition hardly needs explaining to any person familiar with the evolution of political systems. EG)

I would be the first to admit that this is neither ideal or an end-all solution but it does make a good start.

(It definitely is not ideal and, in fact, it does not make a good start, either. It embraces the assumptions that fiat money in the hands of “good” men is acceptable. That is exactly the assumption that drives the present system. NESARA gives the illusion of reform but is merely a means of safeguarding the status quo. EG)

Under NESARA, the government sets the monetary standards but is not allowed to print currency other than that required to get back our monetary system and our gold. The Fed owners may claim that the Government is stealing their assets for a printing cost, but it would all be legal, using the same methods they used to steal from us in the first place. We learned this trick from their example.

(So now we commit the same crime they do. This is a solution? EG)

The new banking equations should provide sufficient incentive for Joe and Jane Doe to demand Congress pass NESARA (provided they ever learn about them in spite of a controlled mass media) or to get us a new Congress. The people can recover about $1 trillion in secured debt fraudulently taken from them in this fiat banking scheme. And NESARA’s new fiduciary banking rules will help restore honest banking. If anything, NESARA doesn’t go far enough in returning properties, such as family farms, that were lost through government guaranteed loans.

I wish to encourage your constructive criticism of NESARA upon the facts. And if you have a better, politically doable plan, I would love to see your legislative proposal.

(My plan, as outlined in The Creature from Jekyll Island is very simple: (1) prohibit the Fed or any other entity including the government from creating legal tender (the nation’s money supply) unless it is totally backed by a stated amount of gold or silver, and (2) let the free market gradually phase out the Federal Reserve Notes based on their perceived value relative to the real money. I will leave it to legislators to draft the language. Lord willing, it will not be anything like NESARA.” EG)

J. B.

Mr. Griffin did not reply.

(The first time I saw this letter was 9 days ago, and this is my reply. EG)


The following message was received by email on October 8, 2003

Dear Mr. Griffin,

I understand your desire for a strict hard-money currency having intrinsic value. Such a monetary system would provide two positive features. First, it would provide a natural limit to the amount of currency that could be produced; that is, the quantity in circulation could never exceed the total amount of gold and silver available on the planet. Second, the exchange value of this hard-money currency in commerce would be determined by a free market, or even a black market if legislators were to intrusively intervene by law in the system’s day-to-day regulation and operation.

While a hard-money system may sound ideal, it is far from practical. If the total amount of gold and silver available on the planet were coined and distributed equally among 6 billion inhabitants, each person would hold only a microscopic amount. This would most certainly be insufficient to support the current volume of commercial activity. And we have vivid historical examples of the problems caused by insufficient circulating currency – physical limitations during American Colonial times and artificially created shortages during the Great Depression.

That said, there is still that nagging Constitutional requirement for silver dollars, not withstanding the fact that the powers-that-be distort or violate Constitutional provisions to their own ends whenever they can. Careful reading of the NESARA proposal will demonstrate that it addresses each and every one of your concerns, including this one.

I have taken the liberty of numbering your comments sequentially so that I might better respond to each of them.

Comment #1. The so-called Patriot community habitually denounces the Fed as a burden on the American taxpayer. Actually, if the numbers from the Kansas City Fed are typical, the entire burden for its operating cost falls on foreign taxpayers with enough left over for a positive return to the U.S. Treasury.

Your statement that the real “action” is in the private sector with the commercial banks is absolutely correct. The commercial banks derive huge profits by monetizing the debts of their customers. Because this is the source of almost all of the nation’s more than 3 Trillion dollars of circulating currency, that currency is said to be issued at interest. Obviously, gold and silver currency would not be issued at interest which neatly eliminates this objection.

NESARA mitigates much of this concern by setting standards for three types of currency: silver coin, gold coin and new U.S. Treasury credit-notes. The gold and silver coin, issued in the maximum amounts possible, provides a general circulation hard-money currency if the public wishes to use it. The new U.S. Treasury credit-notes are issued on a one-to-one basis to replace the current Federal Reserve Notes.

Notice that each of these types of currency is issued without any interest due. Furthermore, the character of the new U.S. Treasury credit-notes is explicitly stated in NESARA at Part I, Section 4(B), Provisions For United States Currency. Credit-notes have only limited legal-tender status meaning that a individual cannot be forced to accept U.S. Treasury credit-notes in payment of a debt specified as payable in gold or silver coin and that the Federal government must accept U.S. Treasury credit-notes as payment for taxes.

As to the “larger and more devastating part” of the monetary system being the profits private commercial banks make on “money (currency) created out of nothing and loaned into the private sector” I would make the following comments.

Unlike the machinations of the “Mandrake Mechanism” where Congress certainly creates new circulating currency backed by no wealth, commercial banks do not create currency out of nothing; they create currency by monetizing the debts of their customers. True, bankers seemingly create out of thin air, but that is with reference only to their license. They cannot create without a corresponding borrower.

Understanding the concept of virtual wealth is important to realize the distinction between monetizing through debt and inflating the currency through the Fed. All currencies, regardless of form or substance, represent debt, not wealth. Currency represents an unfinished exchange of wealth. Unless you intend to change the U.S. Constitution to make private contracts illegal, including an individual issuing a personal IOU, I fail to see that the commercial banks can be prevented from offering monetary services. Moreover, I find nothing in the law to prevent the private issue of currency, NORFED being but one example.

NESARA allows new currency creation, but only at the local level through monetization of private debts. Such new currency is backed by virtual wealth, wealth that soon will exist. Congress is removed from the creation and inflation loop.

The NESARA Institute maintains that the nation’s monetary system, a true public utility, rightfully belongs to the American people. It does not belong to the politicians, who are responsible for setting monetary standards, and it certainly does not belong to the Federal Reserve System and the private commercial banks, who are responsible for its regulation and day-to-day operation.

NESARA authorizes fiat currency of a limited specified character and at Part I Section 7 and Section 8 provides for better public distribution of the huge benefits that the operation of this monetary system generates. In other words, NESARA proposes to make a 50/50 split of the “more devastating part” of the current system by returning something more than $5 Trillion to the true owners of the monetary system. Of course, this does not immediately eliminate public indentured servitude to the private financial institutions, but that effort does go a long way in that direction and is a much better deal than the public gets today.

Comment #2 Fiat money, in and of itself, is not the problem. All currency represents debt and not wealth, and is a token symbol representing an unfinished exchange of wealth. The real problems are to be found in the specifications, regulation and day-to-day operation of the nation’s monetary system.

Comment #3 No. NESARA provides new standards, regulations and day-to-day operating rules for the nation’s monetary system. The design objective is not to eliminate every possible monetary problem, but to provide a simple transparent monetary system which has a much smaller set of problems than the current system and a much better distribution of the system’s operational benefits to the public, its true owners. The world is not going to migrate overnight from national currencies to private currencies. Thus, NESARA is a transitional plan to establish reforms and provide stabilization. NESARA allows opportunities for people to recapture more of the wealth they produce. Once that process is established, the warfare-welfare nation-state will begin to disintegrate and private currencies will become more common.

Comment #4 No. NESARA, at Part I, Section 4(E), provides for the production of standard silver and gold coins to the maximum extent possible, including encouragement of private coinage. Gold and silver coin thus become a part of the total money supply. Additionally, Part I, Section 4(I) authorizes the Secretary of the Treasury to issue silver and gold certificates representing only standard silver and gold coin actually on deposit with the U.S. Treasury and redeemable on demand. You will not find a better transitional solution than doing all that is physically and politically possible to do.

All currencies are backed by wealth, not statutorily declared commodities. Although the definition of a dollar as a unit of weight is restored under NESARA, all currencies, including gold and silver coin, are token symbols of an unfinished exchange of wealth. Thus, to require that a paper currency be “backed” by gold or silver is irrelevant. Currencies must be backed by exchanges of wealth. The form or substance of that currency is a secondary issue.

Comment #5 Actually, it is very realistic. NESARA has no provision to force anyone to accept the new irredeemable U.S. Treasury credit-notes as payment for debts contracted in another form of currency. However, NESARA does require the federal government to accept U.S. Treasury credit-notes in payment of taxes. You could pay $100 in federal taxes with 100 silver dollars, which the government would be happy to accept. Or you might exchange a few of your silver dollars for $100 in U.S. Treasury credit-notes and use them to pay your tax. One of the major design objectives of NESARA is to maintain the commercial exchange value of U.S. Treasury credit-notes. There are no provisions to maintain the commercial exchange value of gold and silver coin. A free market will quickly establish their exchange value.

Treasury credit-notes (or FRNs for that matter) are not bills of credit. A bill of credit is essentially an IOU, a promise to pay in a specified amount and kind of wealth. Treasury credit-notes are merely token symbols of an unfinished exchange of wealth. The holder of any currency decides the amount and kind of wealth to exchange for that currency.

Gold and silver coin likewise represent an unfinished exchange of wealth. If a Treasury credit-note promised payment in a specific amount and kind of wealth, say a certain amount of gold or silver coin, then arguably the credit-note is a bill of credit. Yet, even then the definition remains cloudy because the credit-note would be exchanged only for gold and silver coin, another form of currency. As currency, that gold and silver coin would still represent an unfinished exchange of wealth.

Comment #6 We certainly are in agreement that “putting faith in good men is the greatest folly of all.” First thing you know, those “good men” in Congress would allow the President to start a war with some foreign nation whenever he thought appropriate or do some other foolish thing. NESARA does not place faith in good men but in a transparent, easily understood design for a new monetary system. True, there are men involved, but it would be impossible to design a public or private monetary system that did not involve individuals at some point. The key is a system that common folks can understand and politicians find difficult to manipulate. As long as a national currency system exists, legislators will be involved.

Comment #7 Fiat currency is only one element of a monetary system, and not the most important element. The rules and equations that drive the system have far more impact in transferring wealth from productive workers to the nation’s elite masters and its large financial institutions.

Comment #8 Lawful action is not and cannot be a crime. And, if it serves the public interest, it can definitely be part of a solution. NESARA is not a ‘Robin Hood Plan’ stealing from the rich to give to the poor. The rich stole much of the nation’s wealth “fair and square” so they get to keep it. Trying to undo past damage would be incredibly difficult. NESARA simply provides a new monetary and tax system which allows productive workers a chance to keep more of what they have labored so hard to produce.

Comment #9 I believe NESARA is a practical application of your plan to the maximum extent politically possible. And I did not leave its draft language to a few good legislators. Having spent 10 years roaming the halls of Congress, talking to many legislators and closely examining their work, I have reached the inevitable conclusion that there are within this nation some cocker spaniels with a better understanding of monetary policy that some of the legislators I met.

I believe our disagreements are the same as with most disagreements. We disagree on the foundational elements of monetary theory and the supporting definitions. I would be more than happy to engage in a discussion with you, but before we began such a discussion, I would be grateful if you would read the foundations for my theory of money and the supporting definitions. My web site provides an introductory series of essays: http://nesara.org/articles/index.htm#Money. Additionally, my web site compares the NESARA proposal to the proposal presented in your book: http://nesara.org/comparisons/griffin.htm

I think we have more in common that you might initially believe. Feel free to contact me at any time.

Dr. Harvey Barnard


G. Edward Griffin’s Response to Dr. Harvey Barnard
October 7, 2003

Dear Dr. Barnard.

Your letter contains numerous statements that deserve careful analysis and response. However, I feel that it would not be productive to address each issue because, as you stated at the conclusion of your letter: “We disagree on the foundational elements of monetary theory and the supporting definitions.” As long as there is disagreement on principles, there can be no agreement on lesser issues based upon those principles.

For example, in your second paragraph, you state that there is not enough gold or silver on the planet to provide a practical base for the money supply. This, as you recall from reading The Creature from Jekyll Island, is what I consider to be a myth. In truth, quantity makes little difference at all. It merely determines the relative per-ounce value of the underlying unit. (For those who have not read my book and are not familiar with my reasoning on this issue, I urge them to see the section entitled The Misleading Theory of Quantity, found on pages 141 and 142.)

In another paragraph, you state: “NESARA authorizes fiat currency of a limited specified character and … provides for better public distribution of the huge benefits that the operation of this monetary system generates.” It is true that there is nothing that should prohibit private parties or commercial banks from converting debt into IOUs that then can be exchanged on the open market as “currency”, but that is not the same as fiat money. Fiat money, by generally accepted definition, is created by “decree” of the state, and citizens are coerced into accepting it under penalty of law. I have no problem with voluntary acceptance of debt-based currency, but I have a big problem with debt-based fiat currency that I must accept or go to prison. Therefore, I could never endorse the NESARA proposal.

You stated further along: “Fiat money, in and of itself, is not the problem. All currency represents debt and not wealth, and is a token symbol representing an unfinished exchange of wealth. The real problems are to be found in the specifications, regulation and day-to-day operation of the nation’s monetary system.” This is a variation of the error identified in the previous paragraph. You are implying here that there is no difference between fiat money and debt-based currency. It truth, there is a world of difference. I believe that history shows very dramatically that fiat money, in and of itself, definitely is the problem. And when you imply that the solution is to be found in “the specifications, regulation and day-to-day operation of the nation’s monetary system,” this reveals your faith in men, unfounded in my view, who must be entrusted with this awesome task.

You addressed this theme in your letter by stating: “NESARA does not place faith in good men but in a transparent, easily understood design for a new monetary system. True, there are men involved, but it would be impossible to design a public or private monetary system that did not involve individuals at some point. … As long as a national currency system exists, legislators will be involved.” Here, again, I am afraid you have equated two different animals as being the same. Of course there will be men involved in any monetary system. That is not the issue. The issue is: What will these men be allowed to do? What roles shall they play? Basically, there are two optional roles, and they are quite different from each other. Will they be allowed to manipulate the money supply in accordance with their best judgments (or political expediency) or will they be guardians whose sole function is to guarantee that the money supply is solidly linked to an absolute standard and is not manipulated?

Let’s face it. NESARA stands solidly on the side of giving “wise men” the power to manipulate the money supply. In my view, this means that it offers no reform of the present system at all, because that is exactly what we now have. All the technical details of how these men supposedly will discharge their duties are of no consequence. As long as the assumption is allowed to stand that it is proper for politicians to manipulate the money supply, the rules can – and will – be changed as political needs arise.

Thank you for affording me an opportunity to respond.

G. Edward Griffin


On February 3, 2004, I received an email including a copy of a statement released from NESARA on the previous day with the heading: NESARA is A Step Closer, No Weapons of Mass Destruction. It said:

“For those of you new to the nearly four-year history of NESARA since it was passed in March, 2000, a key element of NESARA is that both the U.S. Supreme Court and the International Court of Justice (World Court) have put very strict GAG ORDERS on everyone in any kind of official position who has any involvement with NESARA. The gag orders are why no official person is allowed to discuss NESARA in public or through any kind of communication with the public. There have been many people including G. Edward Griffin, author of “The Creature from Jekyll Island”, who have said publicly that they “know about” NESARA but are under gag order and cannot say anything further. A friend who was listening to the Thom Hartmann Show in August 2003 heard G. Edward Griffin say this.”

This, of course, is pure fiction. The only part that is true is that I did appear on the Hartman show discussing the Federal Reserve. I do not remember offering an opinion on NESARA but, if I had been asked, I would have said that it was not to be taken seriously. The issue of being under some sort of gag rule from the Supreme Court or the International Court is pure garbage. One needs look no further for proof that NESARA and its promoters are agents of disinformation.


Tha saga continues! On March 16, 2004, I received an indignant email from a lady who demanded that I send an apology to Dove because I had the name of NESARA wrong. According to her, it was not The National Economic Stabilization and Recovery Act but The National Economic Security and Reformation Act. Sure enough, when I went to the Internet, there were now two web sites claiming to be the true NESARA. She said:

“I was shocked to see that G Edward Griffin mentioned the disinformation act put out by the Bush Junta. The real NESARA is at http://www.nesara.us and stands for NATIONAL ECONOMIC SECURITY AND REFORMATION ACT, NOT NATIONAL ECONOMIC STABILIZATION AND RECOVERY ACT. You will see by reading the real act that it is not fiat money at all… it is all Constitutional. The announcement period begins on March 22. I would appreciate if you would do your homework and realize you have been duped by the illuminati disinformation kings. I think an apology to Dove is in order, as she has warned people of the disinformation site for a long while now.”

This get more bizarre with each passing month. I went to the new web site to check out the Constitutionality of the NESARA legislation, but it was not posted, just a bunch of mumbo jumbo about a 1933 Supreme Court decision that practically everyone in Washington knows about but is sworn to secrecy under threat of being executed for treason. By the way, don’t expect to be able to look up the decision, either, because all mention of it supposedly has been stripped from the records to preserve the secrecy. In any event, the material presented on both web sites is created by people who are sophisticated, talented, and well funded. At first I thought that it was just a prank by someone testing the limits of public gullibility. However, now I must consider the possibility that NESARA is a strategic hoax perpetrated by a professional disinformation agency seeking two objectives: (1) to lull concerned citizens into a state of complacency based on a false expectation that everything is in good hands, and (2) to entice activists into publicly identifying with a program that is so absurd as to discredit themselves in the eyes of their fiends. Once they are discredited, everything else they say — even when it is based on 100% truth — will be rejected. It is an old tactic of disinformation. If deceivers do not want the truth to be recognized, their first choice is to hide it from view. If that cannot be done, then they mix a lot of garbage in with it so that the whole lot looks and smells like garbage. In that way, it will be very difficult for the public to separate one from the other.

Once again, NESARA has promised a deadline for announcing the wonderful news of its victory over fraudulent banks and tyrannical government. It is March 22, 2004, just six days from now. If this runs true to form, there will be yet one more “postponement” due to some last-minute maneuver by the entrenched elite fighting desparately to hold on to their position. We shall see.


It didn’t take long for a reaction. Almost immediately the lady replied that she had shared my message with Dove and that Dove had written to her as follows: “G. Edward Griffin has unfortunately been coerced into saying what he did under severe threats from the Illuminati. Don’t worry — the disinformation on the Internet will not hurt the true NESARA law and, as of today, the announcement IS coming on schedule. Blessings, Dove”

On March 22, I checked the NESARA web sites to see what excuse was used this time to delay the announcement. As expected, Dove was back at her (or his?) old tricks. The deadline had arrived with no announcement, but we were being told that the White Knights were, at that very moment, being sent to various key locations to insure law and order when the disclosure is finally made — which will happen any day now. I strongly suggest that you do not hold your breath while waiting.


The final piece of the puzzle finally fell into place in July of 2004 with a series of articles that appeared in the News Tribune in Tacoma, Washington. Reporter Sean Robinson located the so-called Dove of Oneness and revealed that she was a local resident who had evolved her Internet business out of an investment scam headed by Clyde Hood, who is now serving a fourteen-year sentence in federal prison for mail fraud and money laundering. None of that was surprising to me, but I was greatly enlightened to learn that she had taken the NESARA concept from a retired engineer by the name of Harvey Bernard, and it was this same Bernard with whom I had corresponded regarding what I consider to be fatal flaws in his proposal. At the time, I though it was strange that someone as flaky as the so-called Dove of Oneness would be able to intelligently discuss the finer points of monetary policy. Now the riddle is solved. All along, there have been two people involved. One is a very serious guy who spent a lot of time concocting what he believes to be a reasonable solution to our economic problems. The other is a highly gifted scam artist playing upon the gullibility of the public. The scam artist led her followers to believe that the NESARA proposeal had been drafted by the so-called White Knights. This created a blur of confusion between the serious proposal and the absurd claims about pending miraculous reforms. Now that I see there are two seperate people involved, everything becomes clear. This case is closed.


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http://www.freedom-force.org/printerfriendly.cfm?pffile=nesara_content.cfm


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