u/#fedslaves

There has been much discussion about when America became a "Corporation". I think the real question we have to ask is "When did the Americans become slaves to the Bankers?" because that is the real implication whenever someone refers to America becoming a corporation. In this post I will show you when and how this happened.

Introduction

There are four elements to how American were transformed from free people to slaves to the Banks. I intend to show each of these points from the congressional records.

1. Trading with the enemy Act was expanded from wartime to peacetime, enabling the president to legally confiscate everyone's properties as long as they are considered enemies.

2. Banks were given the dictatorship over the country's finances.

3. Fed was given the power to issue new currency called Federal Reserve Bank Notes (FRBN) not backed by Gold.

4. These FRBNs were backed by the mortgages of homes and other properties of ALL people of the US.

Background

By March 1933, bank after bank in US failed and on March 6, President Roosevelt issued Proclamation 2039 ordering the suspension of all banking transactions, effective immediately. He had taken the oath of office only thirty-six hours earlier.

Congressional Act

On March 9th 1933, 73rd Congress convened and passed the Emergency Banking Act of 1933 to provide emergency relief to the banks and enable them to resume operations. On his first fireside chats to the nation FDR assured the people of the US that he had it all under control and it made the people feel all warm and fuzzy. This was also the beginning of FDR's New Deal

But did something nefarious happen, like James Traficant mentioned on congressional record decades later?

The Proof

I am going to prove to you that indeed something nefarious happen on that day, by referring only to the congressional record of that day.

Source: Congressional Record March 9 1933

Page 75: Message from the President

To the Senate and House of Representatives:
On March 3 banking operations in the United States ceased. To review at this time the causes of this failure of our banking system is unnecessary. Suffice it to say that
the Government has been compelled to step in for the pro- tection of depositors and the business of the Nation.

To review at this time the causes of this failure of our banking system is unnecessary.

Really? You want to fix it without knowing why it failed?

Page 79: Amendment of the Trading with the Enemy Act, Oct 6 1917 Full Text to extend the emergency. powers of the President not just in war time but also in peacetime:

Section 2 confers upon the President the powers bestowed under the act of October 6, 1917, regardless of whether or not the country is involved in war.

What does it mean to allow the President to confiscate property of our enemies, during peace time? Who exactly are these enemies in peacetime?

Page 80: Concerns of dictatorship by the same bankers who caused the problems.

It is an important banking bill. It is a dictatorship over finance in the United States. It is complete control over the banking system in the United States.

We have, step by step, been proceeding along the lines of centralization. Attempts in past meetings of this Congress have succeeded in enacting increasingly centralized banking plans. This gives supreme authority to those people who have wanted to control the finances of this Government, through a centralized system, to have such a system.

We want to know the amount of gold in the United States Treasury, and we want to know the amount of gold in the Federal Reserve System. We want to know the total amount of outstanding Government ob- ligations. 

This is a time to draw a line, and may I say to you Democrats here that if you do not draw a line through the Treasury operations now and the Federal Reserve operations, you will be enmeshed in all the things that they have been doing, and they have been doing some things, as I have pointed out heretofore, or we would not be in the condition we are in today.

It seems to me there is authority here to continue the Federal Reserve operations under the same management, and it seems to me I can see much in this bill that can be abused and that may have been dictated by the same banking influences that are responsible for our present predicament.

It is difficult under the circumstances to discuss this bill. The first section of the bill, as I grasped it, is practically the war powers that were given back in 1917, with some slight amendments.

The other gives supreme authority to the Secretary of the Treasury of the United States to impound all the gold in the United States in the hands of individuals, corporations, or companies for the purpose, I suppose, of bringing together that gold and making it available for the issuance of Federal Reserve notes.

This provision is for the issuance of Federal Reserve bank notes; not for Federal Reserve notes;

Page 81: How are FRBNs issued?

Mr. BRITTEN. From my observation of the bill as it
was read to the House, it would appear that the amount of bank notes that might be issued by the Federal Reserve System is not limited. That will depend entirely upon the amount of collateral that is presented from time to time for exchange for bank notes. Is that not correct?
Mr. McFADDEN. .Yes. I think that is correct.

Trust the Experts and Good intentions:

However, we are advised by President Roosevelt in his message which has just been read that the immediate pas- sage of this legislation is absolutely .necessary in order to reopen the banks in the Nation and provide them with additional and adequate currency. We are further informed by our distinguished majority leader [Mr. BYRNS] that the Sen- ate is now awaiting the action of the House on this particular bill, and that in order to reopen the banks of the country on tomorrow it must be enacted into law today. I shall, therefore, vote for the bill, Mr. Speaker, because of these assurances of our great President and our able leaders in this body.

Page 83: This was supposed to be temporary

Our President will doubtless ask amendments to this new law when conditions are more nor- mal and when it is better understood.

Page 83: The CRUX of what backs the new money the FED is allowed to print

Under the new law the money is issued to the banks in return for Government obligations, bills of exchange, drafts, notes, trade accept- ances, and banker's acceptances. The money will be worth 100 cents on the dollar, because it is backed by the credit of the Nation. It will represent a mortgage on all the homes and other property of all the people in the Nation

And finally, we ask ourselves these two questions:

1. Why did the War Powers under Trading with the Enemy act had to be expanded to peacetime as part of Emergency Banking Act ?

2. How did the Congress manage to pass a bill where the mortgage on all homes and other property of all the people in the Nation was handed over to the FED to be able to print its new currency?