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Thursday, December 26, 2013
Chesapeake Crab Dip
Locations and Nature of the Upcoming False Flag Attacks
America does NOT have a 'restored Republic' as long as the
plans and preparations by the rogue NWO 'government' to declare nationwide
martial law and roundups, the chemtrails, attempts in increasing false flag
attacks, and foreign troop movements within our land continue to build up with
increasing speed.
VERY IMPORTANT
INFORMATION!! PREPARE!!! PRAY!!!
Locations and Nature of the
Upcoming False Flag Attacks
December 24, 2013
More details are being
revealed with regard to the nature of the weather wars false flag attacks coming
against America. This is breaking news and new details are
still coming out.
In speaking to many of my
alternative media colleagues, many of them are surprised at the pace that the
country is seemingly on as we race towards what appears now is an inevitable civil war
in the US in response to a total martial law plan being planned for as I write
these words.
In the decade that I have
been covering the nefarious activities of the globalists, there has not been
this much chatter about what is coming. Seemingly, another day goes by and
more credible sources come forward with similar information which serves to
enhance and add to previously released information.
As I attempt to sift
through the newly released information, I believe it is important that we keep the core values and
goals of the globalists in mind in determining what is fact and what is
fiction, what is a primary goal and what is a secondary goal.
Globalist Goals
The
first and foremost goal of the globalists is to establish a technocratic,
scientific dictatorship over the planet. All representative government in which
the people are sovereign must be eliminated. The backbone of the country, the
family and its inherent parental authority, must be destroyed. The absolute
control over all currency and mediums of exchange must be secured. The movement
of people into large megacities (i.e. slave encampments) in which people are
forced to live impoverished lives devoid of the technology we enjoy today, will
be accomplished and enforced by strict cap and trade policies which favors the
elite. Fulfillment of Agenda 21 policies is of paramount importance if the
globalists are going to be successful in the pursuit of their goals.
For
the globalists, to be successful, the United States must be destroyed, totally
destroyed. The destruction must be so devastating, that it will be impossible
for any of us to go home again. When this objective is obtained, the surviving
Americans will have nowhere to turn but to preplanned living conditions as
mandated under Agenda 21 policies.
Traditional American
values are antithetical to the mission of the globalists in which the
enslavement of humanity is a primary goal. Values such as free enterprise,
spiritual fulfillment and self-determination are an anathema to the
collectivist, totalitarian views of the globalists. As a result, there will
be nowhere on the planet where people will be made to suffer as Americans will
be forced to endure.
When George Bush said the
terrorists hate us because of our freedoms, he was partially right. The real terrorists
reside in places like Goldman Sachs and the Federal Reserve as well in the
banking empires of the Rothschild’s and the lovely Queen of England, and they
do hate us and seek to destroy us for our freedoms.
As I have just stated, I
have concluded that for the globalists to achieve their goal of full spectrum
dominance, America
cannot just be conquered, America must be totally destroyed along with the
Constitution and its Christian heritage. American ideals of
freedom and independence are viewed by the globalists as a type of virulent
outbreak which cannot be allowed to spread to the rest of the world. The memory
of what America was and what made us great must be obliterated from the pages
of history.
The new 'F' word for the
globalists is freedom.
America provides hope for freedom self-fulfillment. This cannot be allowed. All
hope and desire for freedom on this planet must be eradicated and the
destruction of America is at the heart of this plan. In the next part of the
series I will be discussing the detailed plans as they are known in the
furtherance of this goal.
Americans Will Soon
Be a Negative Example for the World
America
must also be made an example of in order to intimidate the world into complete
acquiescence to the New World Order. If the globalists get their way, our
citizens will suffer the most horrific loss of life in human history. Ask yourself a question. If this is
not true, then why would over 200+ command level military officers throw their
careers away along with risking their lives in opposition to this rogue
administration? Most, if not all of these officers know
precisely what the stakes are. My sources tell me that many of these officers
are planning for a guerrilla war against the occupation forces of the Russians,
Chinese and even the Canadians who have agreed to help in times of insurrection
in America. These events have dire consequences for our troops overseas and
this is something that I will directly address in the next part of this series.
Narrowly Averted
Cataclysmic False Flag Events
As I have reported, Obama
is between a rock and a hard place. He was unable to launch the Petrodollar
rescue mission by invading Syria and then Iran as our amateur President was
outmaneuvered by Putin. His five impeachable offenses (e.g. Benghazi, Fast and
Furious) will not go away. The military is in near mutiny against Obama as evidenced by General Hamm’s, former head of AFRICOM,
attempted rescue mission of Ambassador Stevens in Libya. The
assassination of Stevens has proven to be a turning point in the relationship
that Obama has with his military. Obama knows he cannot count on the majority
of his military to carry out his domestication of the American people. The
military is disgusted by him, so much so, that a coup attempt is likely in the
works. This, too, will be revealed in two days.
There are many sources,
not just mine, which are saying that Obama has already tried to unleash two major and horrific false
flag attacks, in the past few months, designed to cripple this country, both
physically and financially.
The first attempt at a
false flag was the detonation of multiple of nuclear weapons. This failed
because the military thwarted the attempt. Several key members of the military
paid for their insolence with their careers as the entire command structure of
our nuclear weapons program have been fired. Fired for things like the
unauthorized use of fake poker chips in a poker game among friends. Give me a
break, Obama has time to worry about poker chips? And despite all the military
purges, Obama is still unable to gain control of the nuclear launch codes and
he is denied access to nuclear weapons and the submarine commanders remain
largely independent of Obama’s authority.
This past fall, during
the Grid EX II drill, my voice joined with several of my colleagues warning America about
the false flag potential of taking down the power grid. As it
turned out, we were correct about Obama’s intentions. The second event
involved Obama’s attempt to detonate two high altitude nuclear bombs over the
mid-continental United States. The resulting EMP would have crippled our power
grid and would have provided Obama with the authority to lock the country down
and eliminate all domestic threats. As a result, his presidency would survive
and the globalists would achieve one of their goals, the destruction of
America.
Again, the military was
able to block this attempted false flag event as well. The military is in
possession of the missing nukes. As you have probably read in multiple venues,
the Russians have acknowledged the detonation of a nuke 500 miles off the cost
of South Carolina. The US military detonated the nuke along with the intended
message that the subjugation, occupation and destruction of this country is far
from complete. This would explain why Senator Lindsay Graham looked like a proverbial
deer in the headlights as he incoherently proclaimed that if we did not go to
war with Syria, a nuclear bomb would be exploded in Charleston Harbor, SC.
Clearly, Graham found out what was unfolding and was shaken to his core.
The
True Nature of the Martial Law Being Unfolded
Is there a third false flag event planned for this country? The
answer is that there is a third, a fourth and a fifth false flag set of events
planned for in this country and they all have to do with earthquakes and
resulting catastrophic weather events. As I have previously reported, I have information from
three highly credible sources that an electromagnetic event will be initiated,
using the technology I have referenced before in the “Air Force Owning the
Weather 2025” which also accounts for the two decade old earthquake weapons
that will be employed to start an earthquake along the Southern end of the New
Madrid. As I
documented this past week, the New Madrid tectonic plates are connected to the tectonic
plates on the floor of the Gulf. If a major earthquake is initiated a major
earthquake will be take place in the Gulf. This will create a tsunami which
will devastate the Gulf Coast. This will be strike one.
The same technology is
being planned for across the Atlantic on any number of Islands. A series of seismic
events would unleash a mammoth 1500 foot wall of water which would devastate
the East Coast. Of course, climate change will be blamed for
the severe weather.
When our mothers told us
that bad things coming in threes, we should have paid closer attention. The effects of
Fukushima are becoming known even to the sheep in the public.
Rates of thyroid cancer, deformed and dead sea life and rising radiation levels
are being widely reported. There is also a future event being planned to
exacerbate the situation the situation at Fukushima with another major
earthquake. I was told that this technology was successfully tested in
Malaysia, Haiti and then in Chile. In each case, the loss of life was horrific.
Consequences
If the United States gets
hit by this three-sided monster, the country will obviously be crippled and
placed under martial law. The Obama administration needs martial law to survive.
The accompanying martial law will be used to destroy this country and to
greatly reduce any potential civilian uprisings as to what is coming. Martial
law will provide the backdrop necessary to entirely eliminate the military
leadership which opposes the destruction of this country. Martial law will be used
to reduce the population and to herd the survivors into the stack and pack
settlements in the inner cities.
Conclusion
Heretofore, most of the
sources providing this information to a number of journalists have been covert
and necessarily so for their own protection. However, on the day following
Christmas, I will be unveiling two sources of information which will confirm
much of what is written here. Their identities are known to some already and
will soon be well-known to all. Additionally, one of the sources has already revealed the
operational details of the coming martial law and our collision course towards
civil war. All will be revealed in two days.
In the meantime, I would
ask you to pray
for the welfare of our troops stationed overseas. They are in danger,
especially in Afghanistan.
Chemtrail Flu: Have You Got It Yet?
UNTIL
THE CHEMTRAILS ARE STOPPED, AMERICA DOES NOT HAVE A 'RESTORED
REPUBLIC'...................................
MORE EXPOSING OF THE SATANIC NWO PLANS FOR THIS
PLANET AND ALL ON IT ......................
Chemtrail Flu: Have You Got It Yet?
truther December 26, 2013
You’re sick. Your nose is stuffy.
Your body aches, You’re sweaty, coughing, sneezing and you don’t have enough
energy to get out of bed.
It’s not the flu. It’s a conspiracy, according to
Dr. Len Horowitz. His opinion is not based on conspiracy theory but on
conspiracy fact.
Over the past 10 years, Horowitz has become
America’s most controversial medical authority. A university-trained medical researcher, Horowitz, 48, charges that
elements of the United
States government are
conspiring with major pharmaceutical companies to make large segments of the
population sick.
The
mainstream media is reporting that hospital emergency rooms are jammed with
patients suffering from a bizarre upper respiratory infection that doesn’t
quite seem like a virus. They are reporting that it’s a “mystery” flu and that
the flu vaccines are ineffective against it.
“That’s all hogwash, bogus nonsense”, says Dr.
Leonard Horowitz. “The fact of the matter is, we have seen this type of an
epidemic since the end of 1998 and the beginning of 1999. People have been
hacking and coughing with this bizarre illness that does not seem to follow any
logical viral or bacterial onset and transition period.
If it was a really bacterial or a viral
infection, it would have caused a fever but it didn’t. It lasts for weeks, if
not months. Sinus congestion, sinus drainage, cough, fatigue, general malaise.
People have been feeling “off”.
The Armed Forces Research Institute of Pathology has registered a patent for the pathogenic micoplasma that is causing the epidemic. You can see the patent report in the book, Healing Codes for the Biblical Apocalypse.
The Armed Forces Research Institute of Pathology has registered a patent for the pathogenic micoplasma that is causing the epidemic. You can see the patent report in the book, Healing Codes for the Biblical Apocalypse.
Micoplasma is
not really a fungus, it’s not really a bacteria, it’s not really a virus. It
has no cell wall. It goes deep into the cell nuclei thereby making it very
difficult to mount an immune response against it. It’s a man-made biological
weapon.The patent report explains how it causes chronic upper respiratory
infections that are virtually identical to what’s going on right now.”
CHEMTRAILS DESTROY YOUR IMMUNE
FUNCTION
“I believe
the chemtrails are responsible for a chemical intoxication of the public, which
would then cause a general immune suppression, low grade to high grade,
depending on exposure. The immune dysfunction allows people to become
susceptible to opportunistic infections, such as this micoplasma and other
opportunistic infections”, says Dr. Horowitz.
“I first began to investigate chemtrails when
some were sprayed over my home in Northern Idaho. I took pictures of them, and
then contacted the Environmental
Protection Agency of the state who were clueless and referred me to
the Air Force. They got me
in touch with Centers for
Disease Control Toxicology, and after about a week I received a letter from one of their chief
toxicologists saying, indeed there was some amount of ethylene dibromide in the
jet fuel.
Ethylene
dibromide is a known human chemical carcinogen that was removed from unleaded
gasoline because of its cancer-causing effects. Now suddenly it has appeared in
the jet fuel that high-altitude military aircraft are emitting!”
Ethylene
dibromide is coming out of the jet fuels that is causing immune suppression and
weakening people’s immune system. Then you’ve got a micoplasma microbe or a
fungus that causes an upper respiratory illness. Suddenly you develop a
secondary bacterial infection. Now you get hit with ANTIBIOTICS, and the
antibiotics cause your body chemistry to go acidic, so now you get rashes and
other things, your liver gets full of toxins and comes out through your skin in
rashes and they get hyperallergenic reactions associated with the other
chemicals. I’ve got colleagues in the Bahamas, Bermuda, Toronto, British
Columbia all reporting the same bizarre seeding of the atmosphere. What is
going on is just despicable.
All of a
sudden now you’ve got human beings completely out of balance and infected by
two, three or four microbial co-factors as well as intoxicated by a variety of
different chemicals… and you’ve got somebody who’s going to be chronically ill.
THE BLACK BUDGET
“The Frank Church Congressional Hearings of 1975 exposed the Central Intelligence Agency biological
weapons contracting firms – Litton Bionetics and the Army Corp of Engineers who
were developing and utilizing various biological weapons on populations. And
this
is all done under black operations, covert operations, where they get funding
and congressional people are never informed really where this money is going.
It’s the black budget”, says Horowitz.
“And in the contemporary warfare arena, where
experts in biological chemical warfare convene and discuss the ways that are
ideal to conduct warfare today, to really
take an enemy out, you don’t want to kill the people. You want to produce
people who are chronically ill and become dependant on the state and totally
sap the resources of the country. And then you can move in with your
military-medical-industrial complex and your international
medical-pharmaceutical cartel. Then you sell these defeated countries all of
the pharmaceuticals and chemicals that they need to maintain any semblance of
healthy function.
They’re completely depleted. They can’t put
together a military. You create a
dependence and thereby you weaken the population, and weakened populations are
easy to control. So you’ve got population control, and you make
vast fortunes doing it, versus just blowing up a nuclear weapon and devastating
the infrastructure that you own. You and your colleagues own that infrastructure.
You want to get rid of the people. You don’t want to get rid of infrastructure”
WHO’S
RESPONSIBLE?
“What I’m relating to you now is not speculation.
If you were to read the top
experts analysis of military warfare, including The Report From Iron Mountain –
the Rockefeller family is one of the major players in this conspiracy. They are
one of the major players in world genocide, world population reduction. That’s
no mystery anymore
When you
examine who owns the chemtrail fuel, who are the fuel company directors,
suddenly you enter into the realm of the Rockefeller family and the royal
families – Standard Oil and British Petroleum. And what are their other
agendas? Suddenly now you see their documents, showing that they have funded,
historically, eugenics, racial hygiene, genocide, depopulation, family
planning, maternal and child health – where they make and deliver vaccines, and
contaminated blood supplies. These are the banksters, the same people who run
the blood banking as well as the money banking industries”, says Dr. Horowitz.
“I reference a great book by Dr. John Coleman,
who worked as a British Secret Service agent at the highest levels. And he
articulated very clearly who was running those companies. It all goes back, ultimately, to the highest level of
the royal family. The Bush family, Rothschild family, the Rockefeller money,
and the entire Rockefeller establishment is based on Rothschild money and royal
families.
If you can’t explain it rationally or any other
way, I think you’ve got to begin to consider conspiracy theories and eliminate
the negative label that you’ve placed on conspiracy theories which have been
demonized along with wholistic medicine.”
AMERICA’S FOURTH REICH
The ruling crime families are making vast
fortunes off of humanity’s suffering. The Rockefellers monopolized American
medicine in the 1920s. They, along with I.G. Farben, Germany’s leading
industrial organization, held the monopoly on the world’s chemical and
pharmaceutical industries.
The
Rockefellers and I.G. Farben worked together before World War II and during
World War II. For all practical purposes, the Rockefellers and I.G. Farben were
the Third Reich.
Who else is involved? The Merck Pharmaceutical
Company. Their president, George
W. Merck, was America’s biological weapons industry director during World War
II. He was personally appointed by President Roosevelt and Secretary of War
Stimson.
The Nazis planned for the New World Order.
They even had a term for it – “neue Ordnung,” which means New Order, New World Order.
This today, this New World Order, is the rise of the Fourth Reich. This is precisely what
they envisioned and then carried out on a global scale. The goal of the Fourth
Reich is population control and genocide.
99.99 percent of Masons have
no clue what they’re really up to at the highest levels.
They give you increased knowledge at every higher degree of Freemasonry. When
you get beyond the 33rd degree,
you get the highest indoctrination into what’s called the Ancient Arcana,
the ancient sacred knowledge described in the book Healing Codes of the
Biblical Apocalypse. That’s where
the devil-doers who are running this planet are nesting.
How does a person become that high in the Masonic
organization? Through bloodlines. You’ve got to be major royalty, major
royalty, ideally a descendent or you’ve got to be somebody who is very close to
the royalty, the major bloodlines.
WHO
ARE THEY TARGETING?
Who are they targeting for genocide? If there’s
an attempt underway to reduce the population of the planet, why isn’t it
happening?
“Look at countries like those in Africa, Third
World nations that have been heavily targeted with HIV/AIDS. And consider that
73 percent of HIV/AIDS patients in America today are Black or Hispanic.
Statistically, 55 percent of gay men in America are already dead. Are you
seeing depopulation specifically targeting minority groups now? Of course. It’s
happening right now.
They don’t want to totally eliminate populations
completely, just certain populations. And isn’t it, from their perspective,
wonderful? They’ve got a covert depopulation agenda that nobody’s picked up on
yet. It’s ideally what they want to produce.
It’s not just about the money. I think there’s a
Satanic or evil ideology because Nixon himself said, referring to the
Rockefellers, – it’s not about money for these people, it’s about power.
THE
MONOPOLY GAME
At the end of the Monopoly game, what do you do?
One person wins. They own all of the real estate. They own all of
the assets. They’ve wiped all the other players out and the game is over.
You can put the game away in your closet but you don’t do that on planet earth.
The person who wins at the end of this World
Monopoly Game gets to rearrange the board, and that’s precisely what we’ve seen
in the last year. You’ve seen not the biggest fish eating the biggest fish in
international commerce. You have seen the mega-whales eating the
mega-whales in these mega-mergers - all these little companies that are
producing your vitamins are a subsidiary of a major conglomerate. Today a
Warner Lambert or Glaxo Wellcom, all of these huge, huge corporations, own all the
little fish. They buy them out. So, again, now the game board gets to be
changed if they desire, and apparently that’s what they desire. That’s their
agenda. You can see it.
At the Denver
Airport there’s a capstone in the main terminal building
dedicated to the New World Airport Commission by the Freemasons. And there’s a big colorful mural – that is dedicated to the extinct
human species. And in the foreground, against the horrific
backdrop of flames and destruction, there are three open coffins.
BUILD YOUR IMMUNE SYSTEM
STEP ONE: Detoxification.
Because we’ve all been fed Babylon’s harvest and
eaten the toxic garbage that comes from Monsanto, Dow Chemical and Archer
Daniel and all their genetically
engineered foods and the chemicals and the fluorides and the
chlorines, we need to
detox. An
easy detoxification program using fresh squeezed lemonade that you make with
maple syrup and fresh squeezed lemons and cayenne pepper
STEP TWO: Deacidification
To change
your body’s chemistry, make it more alkaline. It’s only in the acid state that
the growth of bacteria, viruses, fungus, molds, and cancer, cancer cells
thrive. They cannot grow in an alkaline environment. What
causes your body chemistry to go acidic and become a breeding ground for the
bacterial and infectious agents? Caffeine, nicotine, sugar, refined
carbohydrates, alcohol, pharmaceuticals including antibiotics, red meats,
stress – are the main causes. Eliminate or reduce them as much as possible.
Squeeze
lemon juice into water. Lemon has a lot of calcium in it and it turns to
calcium hydroxide in drinking water. That’s alkalising. It raises the PH of
that water from about 7 to about 8. Hot cayenne pepper is one of the most
alkalising agents you can put in your body. It detoxifies and deacidifies all
in one step.
STEP THREE: Spiritual
Meditate. There’s mental, emotion, social,
environmental and, above all, spiritual changes that people need to make to
really prepare to withstand the plagues.
STEP FOUR: Oxygenation
The Rockefeller-directed international
banksters, blood banksters and medical monopolists have been busy
suppressing your immune system. You want to raise your blood oxygen levels
INDIA CAN NOW TRADE IN 23 CURRENCIES OUTSIDE OF USD
INDIA CAN NOW
TRADE IN 23 CURRENCIES OUTSIDE OF USD
Bilateral talks to follow Finance Ministry approvalNEW DELHI, DEC. 23: The Commerce Ministry has finalised a list of 23 countries with which India can trade in local currencies to save precious foreign exchange and strengthen the rupee. The list includes oil exporting nations such as Angola, Algeria, Nigeria, Oman, Iran, Iraq, Venezuela, Qatar, Yemen and Saudi Arabia. Commerce Minister Anand Sharma is likely to approve shortly the report on currency swap finalised by a task-force headed by Special Secretary Rajiv Kher following which it will be discussed with the Finance Ministry, a Commerce Ministry official told Business Line. A currency swap arrangement for trade basically involves trading in local currencies where countries pay for exports and imports with domestic currencies at pre-determined exchange rates instead of trading in US dollars. Other countries on the list include Russia, Japan, Singapore, Australia, Indonesia, South Korea, Malaysia, Mexico, South Africa and Thailand. “The 23 countries have been identified based on how feasible a currency swap arrangement for exports and imports would be with each. Our emphasis has been on countries with which India has a sizeable trade deficit so that we end up saving foreign exchange,” the official said. After the Finance Ministry’s approval, the Commerce Ministry will hold bilateral talks with the identified countries. “A currency swap deal will work only if it is a win-win for both countries. The trading partner should have sufficient trade and investment interest in India,” the official added. http://www.thehindubusinessline.com/industry-and-economy/banking/for-rupee-boost-govt-draws-up-list-of-23-countries-for-currency-swap-arrangement/article5494318.ece |
Visit stage2omega at: http://www.stage2omega.com/?xg_source=msg_mes_network
Dozens of forex traders arrested
This is great!! How did we
miss this a month ago?
http://www.nbcnews.com/id/3540930/ns/business-corporate_scandals/t/dozens-forex-traders-arrested/#.UrpXnSihClI
NBCNews.com
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updated 11/25/2003 2:57:09 PM ET
Dozens of forex traders arrested
The Associated Press
NEW YORK, Nov. 19 — Federal authorities announced charges Wednesday against 47 people in a broad crackdown on fraud in the foreign currency exchange market that officials said bilked millions from big-name banks and small investors alike.
Most of the bankers, stockbrokers and traders were picked up in raids late Tuesday and early Wednesday in what law-enforcement officials called their most sweeping infiltration ever into the foreign currency markets.
The principal charges accused currency traders at some banks of making rigged trades designed to lose money — then taking cash kickbacks from co-conspirators who made money on the deals.
http://www.nbcnews.com/id/3540930/ns/business-corporate_scandals/t/dozens-forex-traders-arrested/#.UrpXnSihClI
NBCNews.com
Receive NBCNews newsletters
updated 11/25/2003 2:57:09 PM ET
Dozens of forex traders arrested
The Associated Press
NEW YORK, Nov. 19 — Federal authorities announced charges Wednesday against 47 people in a broad crackdown on fraud in the foreign currency exchange market that officials said bilked millions from big-name banks and small investors alike.
Most of the bankers, stockbrokers and traders were picked up in raids late Tuesday and early Wednesday in what law-enforcement officials called their most sweeping infiltration ever into the foreign currency markets.
The principal charges accused currency traders at some banks of making rigged trades designed to lose money — then taking cash kickbacks from co-conspirators who made money on the deals.
Federal Reserve notes Represent A First Lien On All The Assets Of The Federal Reserve Banks
Federal Reserve notes
Represent A First Lien On All The Assets Of The Federal Reserve Banks, and on
the collateral specifically held against them. Public Notice
"Federal
Reserve notes are legal tender currency notes. The twelve Federal Reserve Banks
issue them into circulation pursuant to the Federal Reserve Act of 1913. A
commercial bank belonging to the Federal Reserve System can obtain Federal
Reserve notes from the Federal Reserve Bank in its district whenever it wishes.
It must pay for them in full, dollar for dollar, by drawing down its account
with its district Federal Reserve Bank.
Federal Reserve
Banks obtain the notes from our Bureau of Engraving and Printing (BEP). It pays
the BEP for the cost of producing the notes, which then become liabilities of the Federal Reserve Banks, and
obligations of the United States Government.
Congress has
specified that a Federal Reserve Bank must hold collateral equal in value to
the Federal Reserve notes that the Bank receives. This collateral is chiefly
gold certificates and United States securities. This provides backing for the
note issue. The idea was that if the Congress dissolved the Federal Reserve
System, the United States would take over the notes (liabilities). This would
meet the requirements of Section 411, but the government would also take over
the assets, which would be of equal value. Federal Reserve notes represent a first lien on all the assets of the
Federal Reserve Banks, and on the collateral specifically held against them.
Federal Reserve notes are not redeemable in gold,
silver or any other commodity, and receive no backing by anything. This has
been the case since 1933. The notes have no value for themselves, but for what
they will buy. In another sense, because they are legal tender, Federal Reserve
notes are "backed" by all the goods and services in the
economy."
The 100 year FED
charter question.
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