Does anyone have the actual question that was asked? The specific question he is answering (that was cut out) is very relevant to this.
Because the answer he gave in the video certainly doesn't say anything like the text claims. So either there is more context that I am missing, or this is just bogus.
the link brain_dead posted is good, but utube isn’t letting me find the Bank of Englad quote there. AP’s link does, here’s autotranscript from https://www.youtube.com/watch?v=ZwpdXiKG0Cg
Senator:
at 58:35
discussed in our office as you know the market for us treasuries is the largest
market in the world at 28 trillion and it's critical to the financial stability
of the United States there is actually a proposal for an entity to clear US Treasury Futures at the London Clearing
House which is overseen by the bank of England some argue that the bank of
England would have control over a um heaven forbid a default scenario in a in
this critical Market instead of the US is this a concern to
you Senator cor Corin I enjoyed visiting in your office and uh I I would note
that while Texas has more arrivals due to good economic policies South Carolina
has more arrivals as a of the population also driven by our wonderful Governor
Henry McMaster I'm still going to vote for your nomination we I think it's 1,600 people a day in Texas but go ahead yeah I um everything's bigger in Texas
Bessent:
at 59:45
you you raised a very important question and one that I will investigate this
further U I was unaware until the past last few days of this with the new
exchange what I can tell you is as a student a professor of economic history
that is important for the US for us treasuries for us to be able to uh
resolve the any stress issues in the market in the US we saw during the Leman
Brothers bankruptcy that much of many of the problems emanated through from the
UK subsidiary so this is something that thank you for bringing this to my
attention and I am my inclination is that the resolution Authority must lie here in the US but I will get back to you in writing with an answer on this if confirmed thank you
gonna try to rewrite/cleanup this for clarity, hope that's okay. the youtube transcript is a bit hard to follow.
Sen. Cornyn: ...discussed in our office as you know the market for US treasuries is the largest market in the world at 28 trillion and it's critical to the financial stability of the United States. There is actually a proposal for an entity to clear US Treasury Futures at the London Clearing House, which is overseen by the Bank of England. Some argue that the bank of England would have control over, heaven forbid, a default scenario in this critical Market instead of the US. Is this a concern to you?
[roughly half a minute of unrelated banter]
Bessent: ...you raised a very important question and one that I will investigate this further. I was unaware until the past last few days of this with the new exchange. What I can tell you is as a student, a professor of economic history, that [it] is important for US treasuries, for us to be able to resolve any stress issues in the market in the US.
Bessent: We saw during the Leman Brothers bankruptcy that many of the problems emanated from the UK subsidiary, so this is something that... Thank you for bringing this to my attention and my inclination is that the Resolution Authority must lie here in the US, but I will get back to you in writing with an answer on this if confirmed. thank you
I removed some stutters and added a single word, highlighted in brackets, for readability, and omitted the banter about intrastate immigration, as it wasn't really relevant to the topic of discussion.
Hopefully this is helpful and not just a pain n the ass.
Because the answer he gave in the video certainly doesn't say anything like the text claims. So either there is more context that I am missing, or this is just bogus.
This is the exact kind of poor OP posting mods talked about just a couple days ago. It's up to OP to post the sauce. Now we have to go digging for it. smh. I see another anon posted below the timestamp. It's a real shame that the guy who posted this on X couldn't grab the actual video so the text matches his claim.
This post wasn’t what was discussed at all, and I was one of the people in that thread with a complaint.
The sauce is the video, it just doesn’t have all the context. That’s up to the lot of us to notice and point out.
I wouldn’t even blame WayneTech SPFX for this one, unless that account has a pattern of doing this (which may be the case). Missing context is something that can easily happen naturally. The sauce is very clearly the recent confirmation hearings. Very easy to go dig that up and see if the statements are accurate within framing if so desired.
People were watching things critically here, which was the exact point of the other thread. To which I say, good work, anons! ( u/LongTimeListener , u/Malachi3vs16 , u/Q20191776 )
+1 at 32:39 “Mr. Bessant has worked … is a member of the Council on Foreign Relations….” (at 32:56) in Senate committee hearing link https://www.youtube.com/watch?v=dhEsd1-Oqcw also posted by brain_dead
Council on Foreign Relations = the Establishment and discussion group for WEF types and club members have included
Dick Cheney, George Bush, Madeleine Albright (aka “Halfbright”), Condeleeza Rice, Susan Rice; and
Henry Paulson (past Treasury Secy.),
Lawrence Summers (also a past Treasury Secy.),
Timothy Geithner (another past Treasury Secy.), and
John Kerry (Skull & Bones), and everyone’s most favored State Department person: Victoria Nuland
——
At 35 min. Senator Wyden (Dem Oregon) = a complete dolt, describing how bad the economy is (as he hears it from working people at. over 1,100 town meetings) and he says it’s Trump’s fault when the current situation is a result of WEF -Byden policies. He just summed up how bad Byden has been!
——
Hopefully yes, and I met a Czech guy once who paid $10 grand to join so that he could speak his mind to them, or have a say against the WEF policies! So Bessent could be a White Hat guy.
...The Court reasoned that such abrogation would render obligations of the United States, entered into by earlier Congresses pursuant to their authority to borrow money on the credit of the United States, mere illusory pledges.
An illusory pledge is a promise that is not legally binding because it is too vague or only one party is obligated to fulfill it. Illusory promises are also known as illusory contracts.
Anons here need to take this as a very valuable lesson in how the intelligence agencies seed narratives using limited hangout methods. The definition of limited hangout from wiktionary is:
(politics, espionage) The practice of revealing only part of the truth about a situation, as damage control when a cover story can no longer be used.
"As damage control" is a narrow definition as the method can also be used to steer conversation to approved narratives.
The actual conversation here, as the transcripts show, has very little relation to the author of the tweets claims. I suspect that WayneTech SPFX is an asset of the rats intelligence services tasked with steering us away from the Truth and into one of their "conspiracy theories".
Thank you. I always knew that we cannot sustained just borrowing but I never knew who would be the debt collector. I always thought or believe it would be China. We borrowed so much from them but England longer. It's interesting.
The dollar will become commodity backed and attached to a quantum block chain yet to be released. This quantum currency will have stable appreciation and higher returns if it is locked in a savings account for a duration of time. All current blockchain tech will break shortly, the dump is coming. Quantum computers are too strong 💕
Well, since that debt was incurred under the U.S. corporation, it will be null and void when that corporation is dissolved and the new republic under the real constitution is reinstated.
I’ve known this for years that the UK owns the United States and that the Jewish community owns (runs) the news media, Hollywood, banking systems and they own the politicians. Attributed to Mayer Amschel Rothschild (1744 - 1812) mostly with the date 1790, the year before the establishment of the First Bank of the United States.
No primary source for this is known and the earliest attribution to him known is:
“In the present critical stage of American development I would call your attention to the following maxim of the " money lenders " of the Old World : "Let us control the money of a country, and we care not who makes its laws." Those who favor the continuance of banks of issue in this country are to be classified in history with John Sherman and Nelson W. Aldrich and the money power.”
by T.C. Daniel, 1857 - 1923 ; letter to President W. Wilson, May 8, 1913; reported in his statement for the joint hearings before the subcommittees of the Committees on Banking and Currency of the Senate and of the House of Representatives, charged with the investigation of rural credits, Sixty-third Congress, second session, part 1, pp. 764, February 16, 1914;
Daniel was the author of Real Money versus Bank Credit as a Substitute for Money, 1911, and of The High Cost of Living: Cause — Remedy, 1912 ; further in the statement pp 771 he quoted:
"Let us control the money of a country and we care not who makes its laws." This is the maxim of the house of Rothschilds, and is the foundation principle of European banks.
This quote was used in The Magazine of Wall Street and Business Analyst(November 10, 1934 p.67) and in Money Creators (1935) by Gertrude M. Coogan.
I am gonna unsticky this because this cleverly clipped video omits the actual question, so that it can be ever so subtly twisted.
The full context has been posted in a comment below, and the question is about a proposal and not about current situation. Subtle difference.
Thank you for your work to keep this place honest. Way too many posts are questionable lately and I’m sure your job is endless.
Welcome fren. Best part about this sure us that the Anons do most of the heavy lifting.
Awesome real journalism going on.
diligent mods are best mod <3
Thanks.
Does anyone have the actual question that was asked? The specific question he is answering (that was cut out) is very relevant to this.
Because the answer he gave in the video certainly doesn't say anything like the text claims. So either there is more context that I am missing, or this is just bogus.
the link brain_dead posted is good, but utube isn’t letting me find the Bank of Englad quote there. AP’s link does, here’s autotranscript from https://www.youtube.com/watch?v=ZwpdXiKG0Cg
Senator: at 58:35
discussed in our office as you know the market for us treasuries is the largest market in the world at 28 trillion and it's critical to the financial stability of the United States there is actually a proposal for an entity to clear US Treasury Futures at the London Clearing House which is overseen by the bank of England some argue that the bank of England would have control over a um heaven forbid a default scenario in a in this critical Market instead of the US is this a concern to you Senator cor Corin I enjoyed visiting in your office and uh I I would note that while Texas has more arrivals due to good economic policies South Carolina has more arrivals as a of the population also driven by our wonderful Governor Henry McMaster I'm still going to vote for your nomination we I think it's 1,600 people a day in Texas but go ahead yeah I um everything's bigger in Texas
Bessent: at 59:45
you you raised a very important question and one that I will investigate this further U I was unaware until the past last few days of this with the new exchange what I can tell you is as a student a professor of economic history that is important for the US for us treasuries for us to be able to uh resolve the any stress issues in the market in the US we saw during the Leman Brothers bankruptcy that much of many of the problems emanated through from the UK subsidiary so this is something that thank you for bringing this to my attention and I am my inclination is that the resolution Authority must lie here in the US but I will get back to you in writing with an answer on this if confirmed thank you
Thanks for digging this up fren.
Welcome fren.
gonna try to rewrite/cleanup this for clarity, hope that's okay. the youtube transcript is a bit hard to follow.
Sen. Cornyn: ...discussed in our office as you know the market for US treasuries is the largest market in the world at 28 trillion and it's critical to the financial stability of the United States. There is actually a proposal for an entity to clear US Treasury Futures at the London Clearing House, which is overseen by the Bank of England. Some argue that the bank of England would have control over, heaven forbid, a default scenario in this critical Market instead of the US. Is this a concern to you?
[roughly half a minute of unrelated banter]
Bessent: ...you raised a very important question and one that I will investigate this further. I was unaware until the past last few days of this with the new exchange. What I can tell you is as a student, a professor of economic history, that [it] is important for US treasuries, for us to be able to resolve any stress issues in the market in the US.
Bessent: We saw during the Leman Brothers bankruptcy that many of the problems emanated from the UK subsidiary, so this is something that... Thank you for bringing this to my attention and my inclination is that the Resolution Authority must lie here in the US, but I will get back to you in writing with an answer on this if confirmed. thank you
I removed some stutters and added a single word, highlighted in brackets, for readability, and omitted the banter about intrastate immigration, as it wasn't really relevant to the topic of discussion.
Hopefully this is helpful and not just a pain n the ass.
Yes, thanks for the rewrite, I was up way too late on this one and could not have made it look right if I had tried!
no, problem, happy to help!
https://www.youtube.com/watch?v=dhEsd1-Oqcw
This is the exact kind of poor OP posting mods talked about just a couple days ago. It's up to OP to post the sauce. Now we have to go digging for it. smh. I see another anon posted below the timestamp. It's a real shame that the guy who posted this on X couldn't grab the actual video so the text matches his claim.
This post wasn’t what was discussed at all, and I was one of the people in that thread with a complaint.
The sauce is the video, it just doesn’t have all the context. That’s up to the lot of us to notice and point out.
I wouldn’t even blame WayneTech SPFX for this one, unless that account has a pattern of doing this (which may be the case). Missing context is something that can easily happen naturally. The sauce is very clearly the recent confirmation hearings. Very easy to go dig that up and see if the statements are accurate within framing if so desired.
People were watching things critically here, which was the exact point of the other thread. To which I say, good work, anons! ( u/LongTimeListener , u/Malachi3vs16 , u/Q20191776 )
+1 at 32:39 “Mr. Bessant has worked … is a member of the Council on Foreign Relations….” (at 32:56) in Senate committee hearing link https://www.youtube.com/watch?v=dhEsd1-Oqcw also posted by brain_dead
Council on Foreign Relations = the Establishment and discussion group for WEF types and club members have included
Dick Cheney, George Bush, Madeleine Albright (aka “Halfbright”), Condeleeza Rice, Susan Rice; and
Henry Paulson (past Treasury Secy.), Lawrence Summers (also a past Treasury Secy.), Timothy Geithner (another past Treasury Secy.), and
John Kerry (Skull & Bones), and everyone’s most favored State Department person: Victoria Nuland —— At 35 min. Senator Wyden (Dem Oregon) = a complete dolt, describing how bad the economy is (as he hears it from working people at. over 1,100 town meetings) and he says it’s Trump’s fault when the current situation is a result of WEF -Byden policies. He just summed up how bad Byden has been! ——
Did he change his spots? I am wondering.
Hopefully yes, and I met a Czech guy once who paid $10 grand to join so that he could speak his mind to them, or have a say against the WEF policies! So Bessent could be a White Hat guy.
How they found out so much.
Wyden should use his dual citizenship to go grab some spare work overseas.
It is an illegal debt brought upon us by trickery. The debt is null and void.
Amen.
Seems like GAW has discussed currency long ago.
Edit: Yep. Pages and pages. Goes back 4 years.
https://greatawakening.win/search?params=Currency+&community=GreatAwakening
What is Constitutional?
Edit. Sauce.
https://constitution.congress.gov/browse/essay/artI-S8-C5-1/ALDE_00001066/
Create your own.
Anons here need to take this as a very valuable lesson in how the intelligence agencies seed narratives using limited hangout methods. The definition of limited hangout from wiktionary is:
"As damage control" is a narrow definition as the method can also be used to steer conversation to approved narratives.
The actual conversation here, as the transcripts show, has very little relation to the author of the tweets claims. I suspect that WayneTech SPFX is an asset of the rats intelligence services tasked with steering us away from the Truth and into one of their "conspiracy theories".
Thank you. I always knew that we cannot sustained just borrowing but I never knew who would be the debt collector. I always thought or believe it would be China. We borrowed so much from them but England longer. It's interesting.
I am amazed that I have been told this b4. Now the truth is coming out.
Me too. I was wondering how he intends to resolve this default. I found this article. I did not find a reference to your post but I’ve heard this before. Sounds like Scott has a solid plan to help us regain financial stability. https://www.reuters.com/world/us/trump-treasury-pick-bessent-faces-senate-grilling-taxes-trade-deficits-2025-01-16/
I already heard on X that XRP is going to become reserve currency and we have tons of that.
The dollar will become commodity backed and attached to a quantum block chain yet to be released. This quantum currency will have stable appreciation and higher returns if it is locked in a savings account for a duration of time. All current blockchain tech will break shortly, the dump is coming. Quantum computers are too strong 💕
Ok. I don't know anything like that, but will see.
Maybe they'll find out what Cinco de Mayo is all about when they come to collect. Hint, it's not Mexican independence day
Oh. I didn't even know.
Was this a Qanon gotcha question? The “corporation” is popular in our circle after all.
It was certainly a gotcha for me. I didn't know it's already coming out.
Well, since that debt was incurred under the U.S. corporation, it will be null and void when that corporation is dissolved and the new republic under the real constitution is reinstated.
AMEN.
I’ve known this for years that the UK owns the United States and that the Jewish community owns (runs) the news media, Hollywood, banking systems and they own the politicians. Attributed to Mayer Amschel Rothschild (1744 - 1812) mostly with the date 1790, the year before the establishment of the First Bank of the United States. No primary source for this is known and the earliest attribution to him known is: “In the present critical stage of American development I would call your attention to the following maxim of the " money lenders " of the Old World : "Let us control the money of a country, and we care not who makes its laws." Those who favor the continuance of banks of issue in this country are to be classified in history with John Sherman and Nelson W. Aldrich and the money power.” by T.C. Daniel, 1857 - 1923 ; letter to President W. Wilson, May 8, 1913; reported in his statement for the joint hearings before the subcommittees of the Committees on Banking and Currency of the Senate and of the House of Representatives, charged with the investigation of rural credits, Sixty-third Congress, second session, part 1, pp. 764, February 16, 1914; Daniel was the author of Real Money versus Bank Credit as a Substitute for Money, 1911, and of The High Cost of Living: Cause — Remedy, 1912 ; further in the statement pp 771 he quoted: "Let us control the money of a country and we care not who makes its laws." This is the maxim of the house of Rothschilds, and is the foundation principle of European banks.
This quote was used in The Magazine of Wall Street and Business Analyst(November 10, 1934 p.67) and in Money Creators (1935) by Gertrude M. Coogan.
Perhaps this will be our Second War of Independence using Art of the Deal as the weapons.
Wow. You are so knowledgeable. Thanks for this.
It's far beyond me but this next 4 years will see a lot of things coming to light.