In the Congressional Record of March 17, 1993, page 1303H, Congressman James Traficant, representative of Ohio, states:

'Mr. Speaker, we are here now in Chapter 11. Members of the Congress are official trustees presiding over the greatest reorganization of any bankrupt entity in world history, the U.S. Government. We are setting forth hopefully a blue-print for our future. There are some who say it is a coroner's report that will lead to our demise.'

The above quote is meant to be taken literally. The words "bankrupt" and "reorganization" are not being used lightly, but are sentences against us.

The situation is actually even more bleak than this. It is possible to prove, scientifically and conclusively, that the United States of America has been in a declared "state of emergency" since 1933. This is no joke, but a ponderous legal fact, which was explicitly re-confirmed in the United States Senate as late as 1973 (Senate Report 93-549). This report opens with the line: "Since March the 9th, 1933, the United States has been in a state of declared national emergency."

The report goes on to say that the "emergency" gives rise to hundreds of provisions of Federal law, which grant to the President a "vast range of powers, [which] taken together, confer enough authority to rule the country without reference to normal constitutional processes."

A "Special Committee on the Termination of the National Emergency" was created. Guess what! Nothing has been done! We're still in a "state of emergency", and the truth of the matter is that America, in effect, has no Constitution. We're like a labor union which has been without a contract for over 60 years!

John Swinton, the Chief of Staff for the New York Times in 1953, made the following speech before the New York Press Club. There are some who would have you believe that the words were spoken "under the influence of alcohol". You decide.

In response to a request that he lead a toast to our "free press", Swinton said:

"There is no such thing, at this date of the world's history, in America, as an independent press. You know it and I know it. There is not one of you who dares to write your honest opinons, and if you did, you know beforehand that it would never appear in print. I am paid weekly for keeping my honest opinion out of the paper. Others of you are paid similar salaries for similar things, and any of you who would be so foolish as to write honest opinions would be out on the streets looking for another job. If I allowed my honest opinions to appear in one issue of the paper, before 24 hours my occupation would be gone. "The Business of journalists is to destroy the truth; to lie outright; to pervert; to vilify; to fawn at the feet of mammon, and to sell his country and his race for his daily bread. You know it and I know it. "What folly is this, toasting to an independent press? We are the tools and vassals of rich men behind the scenes. We are the jumping jacks; they pull the strings and we dance. Our talents, our possibilities and our lives are all the property of other men. We are intellectual prostitutes."

If you have any difficulty imagining this, just think of ten people going into a grocery store on a Sunday morning (why aren't they in church?). Each has $3 or less in his pocket, and they're all going for the same purpose: to buy a $1 quart of milk. Now imagine, if you will, that when they arrive, they find that there's only one quart left. All ten want that last quart! What will the grocer do?

Why he'll sell it to the highest bidder, of course! One person may offer $1.50, several people may even offer $2.00, twice what the milk is worth. Perhaps the highest bid will be $3, and the grocer will then prepare to "close the deal" to sell the milk for $3.

So what's a quart of milk actually "worth"? It's worth whatever the people are willing to pay; no more, no less.

NOW imagine that the disgruntled -- those who got no milk -- quickly dig deeply into their pockets, and that some of them find more money than they thought they had at first; several having as much as $10. What will happen then? Most likely, the "bidding war" will re-open, and the price of that quart of milk may very well shoot all the way up to $10!

What's the milk "worth" now? $1? $3? Or $10?

Obviously, it's not "worth" any particular amount, but has a "sliding scale" of apparent worth which is related solely to supply & demand.

On a national scale, the same principles are operative. Whenever the government releases un-backed paper money, everyone, on the average, gets a little more paper. Obviously, some get more of it than others, but on the average, people will clearly have more paper.

What will the people do? Why, they'll go shopping, of course. Now, with all these people in the stores, competing for the same products, what will the shopkeeper do? Well, he's going to raise his prices, of course. Why shouldn't he? Everyone's got more money, and they're all spending! Those prices are just going to keep going up, and up, and up ... until people simply refuse to pay more.

When the shopkeepers see that the people aren't coming in, they'll stop raising prices. The prices might even drop a little, but not too much. Basically, prices will freeze at the current high level.

The net result of all this is that, although everyone has more "money" (i.e.pieces of paper labeled "money"), nevertheless everything costs more, so that the power to purchase winds up being exactly the same as it was before.

Actually, for most people, the power to purchase does not remain the same, but decreases. When new money gets dumped, most of it will invariably go to those who already have more -- this is the "way" of our Luciferian world (so far). The poor and lower middle classes will get disproportionately little, if any, of this new "money" -- unless, that is, their employers give them a raise. How likely is that?

Therefore, the net effect of printing bogus, unbacked money, is that the rich get richer, and the poor get poorer. Where have we heard this before? And why do people put up with this chicanery in every generation?

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