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Congressman Traficant's Speech on US Bankruptcy

 
Ganid
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03/17/2008 02:01 PM
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Congressman Traficant's Speech on US Bankruptcy
Congressman Traficant was railroaded into
prison for giving the following speech in Congress:

Following is a speech by Representative Traficant who Reports On The Bankruptcy Of The United States, United States Congressional Record, March 1, 1993 VOL. 33, page H-1303 The Speaker - Rep. James Traficant, Jr. (Ohio) addressing the House. Several people have looked in Law
Libraries for the above speech and references, however the documents can not yet be located, therefore this is not verified and cannot be stated as fact. However, Traficant's speech is very eloquent, to the point and can be supported with other documented facts.


Mr. Speaker, we are here now in chapter 11. . . Members of 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 blueprint for our future. There are some who say it is a coroner's report that will lead to our demise.

It is an established fact that the United States Federal Government has been dissolved by the Emergency Banking Act, March 9, 1933, 48 Stat. 1, Public Law 89-719; Declared by President Roosevelt, being bankrupt and insolvent. H. J. R. 192, 73rd. Congress in session June 5, 1933 - Joint Resolution To Suspend The Gold Standard and Abrogate The Gold Clause dissolved the Sovereign Authority of the United States and the official capacities of all United States Government Offices, Officers and Departments and is further evidence that the United States Federal Government exists today in name only.

The receivers of the United States Bankruptcy are the International Bankers, via the United Nations, the World Bank and the International Monetary Fund. All United States Offices, Officials, and Departments are now operating within a defacto status in name only under Emergency War Powers. With the Constitutional Republican form of Government now
dissolved, the receivers of the Bankruptcy have adopted a new form of government for the United States.

This new form of government is known as a Democracy, being an established Socialist/Communist order under a new governor for America. This act was instituted and established by transferring and/or placing the Office of the Secretary of Treasury to that of the Governor of the International Monetary Fund. Public Law 94-564, page 8, Section H. R. 13955 reads in part: "The U.S. Secretary of Treasury receives no compensation for representing the United States?"

Gold and silver were such a powerful money during the founding of the United States of America, that the founding fathers declared that only gold and silver coins can be "money" in America. Since gold and silver coinage were heavy and inconvenient for a lot of transactions, they were
stored in banks and a claim check was issued as a money substitute.

People traded their coupons as money, or "currency." Currency is not money, but a money substitute. Redeemable currency must promise to pay a dollar equivalent in gold or silver money. Federal Reserve Notes (FRN's) made no such promises, and are not "money." A Federal Reserve Note is a
debt obligation of the federal United States government, not "money."

The federal United States government and the U.S. Congress were not and have never been authorized by the Constitution for the United States of America to issue currency of any kind, but only lawful money, - gold and silver coin.

It is essential that we comprehend the distinction between real money, and paper money substitute. One cannot get rich by accumulating money substitutes, one can only get deeper in debt. We the People no longer have any "money." Most Americans have not been paid any "money" for a very long time, perhaps not in their entire life. Now do you comprehend why you feel broke? Now, do you understand why you are "bankrupt," along with the rest of the country?

Federal Reserve Notes (FRN's) are unsigned checks written on a closed account. FRN's are an inflatable paper system designed to create debt through inflation (devaluation of currency). Whenever there is an increase of the supply of a money substitute in the economy without a corresponding increase in the gold and silver backing, inflation occurs.

Inflation is an invisible form of taxation that irresponsible governments inflict on their citizens. The Federal Reserve Bank who controls the supply and movement of FRN's has everybody fooled. They have access to an unlimited supply of FRN's, paying only for the printing costs of what they need. FRN's are nothing more than promissory notes for U.S. Treasury securities (T-Bills) - a promise to pay the debt to the Federal Reserve Bank.

There is a fundamental difference between "paying" and "discharging" a debt. To pay a debt, you must pay with value or substance (i.e. gold, silver, barter or a commodity). With FRN's, you can only discharge a debt. You cannot pay a debt with a debt currency system. You cannot service a debt with a currency that has no backing in value or substance.

No contract in common law is valid unless it involves an exchange of "good and valuable consideration." Unpayable debt transfers power and control to the sovereign power structure that has no interest in money, law, equity or justice because they have so much wealth already.

Their lust is for power and control. Since the inception of central banking, they have controlled the fates of nations.

The Federal Reserve System, is based on the Canon law and the principles of sovereignty protected in the Constitution and the Bill of Rights. In fact, the international bankers used a "Canon Law Trust" as their model, adding stock and naming it a "Joint Stock Trust." The U.S. Congress had passed a law making it illegal for any legal "person" to duplicate a "Joint Stock Trust" in 1873. The Federal Reserve Act was legislated post-facto (1870), although post-facto laws are strictly forbidden by the Constitution. (1:9:3)

The Federal Reserve System is a sovereign power structure separate and distinct from the federal United States government. The Federal Reserve is a maritime lender, and/or maritime insurance underwriter to the federal United States operating exclusively under Admiralty/Maritime law. The lender underwriter bears the risks, and the Maritime law compelling specific performance in paying the interest, or premiums are the same.

Assets of the debtor can also be hypothecated (to pledge something as a security without taking possession of it) as security by the lender or underwriter. The Federal Reserve Act stipulated that the interest on the debt was to be paid in gold. There was no stipulation in the Federal Reserve Act for ever paying the principal.

Prior to 1913, most Americans owned clear, allodial title to property, free and clear of any liens or mortgages until Federal Reserve Act (1913).

"Hypothecated" all property within the federal United States to the Board of Governors of the Federal Reserve, - in which the Trustees (stockholders) held legal title, the U.S. citizen (tenant, franchisee) was registered as a "beneficiary" of the trust via his/her birth certificate. In 1933, the federal United States hypothecated all of the present and future properties, assets and labor of their "subjects," the 14th. Amendment U.S. citizens, to the Federal Reserve System.

In return, the Federal Reserve System agreed to extend the federal United States corporation all the credit "money substitute" it needed. Like any other debtor, the federal United States government had to assign collateral and security to their creditors as condition of the loan. Since the federal United States didn't have any assets, they assigned the private property of their "economic slaves," the U.S. citizens, as collateral against the unpayable federal debt.

They also pledge the unincorporated federal territories, national parks forest, birth certificates, and nonprofit organizations, as collateral against the federal debt. All has already been transferred as payment to the international bankers.

Unwittingly, America has returned to its pre-American Revolution, Feudal roots whereby all land is held by a sovereign and the common people had no rights to hold allodial title to property. Once again, We the People are the tenants and sharecroppers renting our own property from a Sovereign in the guise of the Federal Reserve Bank. We the People have exchanged one master for another.

This has been going on for over eighty years without the "informed" knowledge: Of the American people, without a voice protesting loud enough. Now it's easy to grasp why America is fundamentally bankrupt.

Why don't more people own their properties outright?

Why are 90% of Americans mortgaged to the hilt and have little or no assets after all debts and liabilities have been paid? Why does it feel like you are working harder and harder and getting less and less?

We are reaping what has been sown, and the result of our harvest is a painful bankruptcy, and a foreclosure on American property, precious liberties, and a way of life. Few of our elected representatives in Washington, D.C. have dared to tell the truth. The federal United States is bankrupt. Our children will inherit this non payable debt, and the tyranny to enforce paying it.

America has become completely bankrupt in world leadership, financial credit and its reputation for courage, vision and human rights.

This is an undeclared economic war. Bankruptcy, and economic slavery of the most corrupt order!

Wake up America! Take back your country.
Anonymous Coward
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03/17/2008 02:18 PM
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Re: Congressman Traficant's Speech on US Bankruptcy
Good post OP.
I have read this speech many times and I remember seeing the CSPAN video of it, so it did happen for sure. I remember seeing him give this exact speech.

Here is a little info that I wasn't aware of, in July of last year he was sent to a federal hospital, a MENTAL hospital.

I hadn't heard about this but this is what I found at his wikipedia page:

"As of July 2007, the Federal Bureau of Prisons listed Traficant at the Federal Medical Center, Rochester, an administrative facility providing specialized mental health services."

[link to en.wikipedia.org]

They will stop at nothing to destroy the patriotic.
Anonymous Coward
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03/17/2008 02:19 PM
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Moreover, they will stop at nothing to destroy what is merely REASONABLE.

"They" are crazy.
Anonymous Coward
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03/17/2008 02:22 PM
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Traficant is an american hero. What they did to him was the most outrageous thing I have ever witnessed.

His only crime was that he had integrity and was surrounded by people of the lowest moral character you can ever imagine. You can only hope justice is somehow done in his case.
Anonymous Coward
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03/18/2008 01:17 AM
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This needs to be on the front page. I didn't know that Traficant was incarcerated in a mental hospital. He would have been perfect as Ron Paul's running mate.

Ron Paul is making the same speeches in Congress and, so far, has escaped the worst the madmen have done to others.
.
Anonymous Coward
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03/18/2008 01:25 AM
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I think they poisoned him or druged him up so bad that he'll never recover... they did something simular to McCarthy...

Fuck, Beam Me Up
SEADOG
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03/18/2008 01:25 AM
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To whom is this money owed? To the parasites who were given licence to print it? We never borrowed anything that was owned. It was never backed with anything. The greatest scam of all time. Keep paying? Doubt it.
the Questeon ?
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03/18/2008 01:26 AM
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like this!

"It is essential that we comprehend the distinction between real money, and paper money substitute. One cannot get rich by accumulating money substitutes, one can only get deeper in debt. We the People no longer have any "money." "
Anonymous Coward
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03/18/2008 01:47 AM
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Trafficant was a crook albeit a colorfull one, Nothing more.
Anonymous Coward
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03/18/2008 01:47 AM
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Trafficant was a crook albeit a colorfull one, Nothing more.
RHSC
User ID: 381076
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03/18/2008 01:55 AM
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Kewl!!! Great post!

My daughter-in-law and I were chatting over the phone last night, and I brought up Traficant and the US bankruptcy. She'd never heard a thing about any of it. Heck, neither had I until I found GLP. LOL!

GLPers might be served well if they start looking into the background of the Uniform Commercial Code (UCC). They might want to research phrases and remedies having to do with the UCC, as well.

Uniform Commercial Code 1
[link to www.law.cornell.edu]








Texans...
Here's a little bit of law that you might want to file away for future reference.
[link to tlo2.tlc.state.tx.us]

§ 1.308. PERFORMANCE OR ACCEPTANCE UNDER RESERVATION OF
RIGHTS.
(a) A party that with explicit reservation of rights performs or promises performance or assents to performance in a manner demanded or offered by the other party does not thereby prejudice the rights reserved. Such words as "without prejudice," "under protest," or the like are sufficient.
(b) Subsection (a) does not apply to an accord and
satisfaction.

Added by Acts 2003, 78th Leg., ch. 542, § 1, eff. Sept. 1, 2003.
Anonymous Coward
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03/18/2008 02:04 AM
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Murderers gets medals ,speaker of truth get jailed and executions ..nothing new.This earth is cursed but it will soon be veiled.
Anonymous Coward
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03/18/2008 02:42 AM
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Trafficant was a crook albeit a colorfull one, Nothing more.
 Quoting: Anonymous Coward 392825


Discount the OP's piece, will ya? Tear it up. Prove it incorrect. DO something besides blowing smoke out yer azz. What Traficant stated, ON THE RECORD and with attending documentation, is the point. If you can prove he's wrong, we'd be most interested. Otherwise, you're just playing the part of the trail mule ...

kissup
seasaw nli
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03/18/2008 03:12 AM
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I remember this speech on the floor. Emotional,
compelling.
"Free Traficant" placards and t-shirts are long
overdue, imho. Don't ya think?
It wouldn't hurt to display one in our future rallies
and 'activities'...This should put him back on people's
lips, one would hope.
Mental institution. Horrendous!

Thanks OP for the reminder.
Anonymous Coward
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03/18/2008 03:50 AM
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Doesn't this have something to do also with why the American Flag in courthouses and federal buildings has a gold fringe on it. It's something to do with maritime law.
Anonymous Coward
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03/18/2008 04:31 AM
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Doesn't this have something to do also with why the American Flag in courthouses and federal buildings has a gold fringe on it. It's something to do with maritime law.
 Quoting: Anonymous Coward 270791

You got it!!!
ImNotAnumber
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03/18/2008 04:52 AM
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and, what about people who have saved and not lived a live of extravagance? What of those people who were trying to do the right thing? What of them? Why should the people who live beyond their means be allowed to be bailed out time and time again, ie, chrysler, (just one of many), when the average joe who was not born to an elite family constantly gets the short end when he tries to do the right thing all along?
Anonymous Coward
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03/18/2008 04:59 AM
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Re: Congressman Traficant's Speech on US Bankruptcy
To silence Traficant, certain members of Congress found a means to put him in prison on trumped-up charges. The hearings were like a kangaroo court; whereby, he was not allowed to bring in certain witnesses, documents, and testimony. Judge Lesley Wells of the U.S. District Court in Cleveland, Ohio, was prejudiced toward Traficant and refused to set bail for Traficant, ordering that service of his term should begin immediately. Denial of bail also sets aside all pending appeals to Traficant's conviction. Traficant is now serving an eight year prison sentence in federal prison for his April 11, 2002 conviction on trumped-up felony charges of bribery, corruption and tax evasion.

By a vote of 420-1, Traficant was also expelled from the House of Representatives. House Resolution No. 495 read simply, "Resolved, That, pursuant to article I, section 5, clause 2 of the United States Constitution, Representative James A. Traficant, Jr., be, and he hereby is expelled, from the House of Representatives." Traficant is the second member of the House to be expelled since the Civil War and the fifth in congressional history. Traficant, addressing the House, said "I'll go to jail before I resign and admit to something I didn't do.""

Traficant, A former county sheriff, had been elected to Congress nine times by the people of his Mahoning Valley, Ohio district. He plans to run for re-election as an independent candidate and intends to serve from jail if elected
Bean There
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03/18/2008 09:11 AM
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Another thing that irked the Ol’ Boys political racket is Traficant’s Office was open to anyone who took the time to seek him out. It didn't matter if you were even from his State, let alone his representative district. He would do what he could to resolve your problem or grievance.
Anonymous Coward
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03/18/2008 10:13 AM
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Traficant being in the federal mental hospital may be a serious situation for him.

I know someone whose father served federal time for a felony and who was transferred to the federal mental hospital in Minnesota. He was transferred there because he had agreed to "volunteer" for some sort of scientific medical testing.

He told me that there is a tunnel connecting the Mayo Clinic and the federal facility that doctors use to go back and forth from their labs at Mayo.

Is it possible for anyone to find out what is going on with Traficant and the reason he was transferred to the mental facility?

This does not sound good!
Anonymous Coward
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03/18/2008 10:14 AM
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PS: This guy's father did not live long after he was released from prison. He died of a heart attack.
Monadnock

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03/18/2008 10:17 AM
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Re: Congressman Traficant's Speech on US Bankruptcy
Trafficant was a crook albeit a colorfull one, Nothing more.


Discount the OP's piece, will ya? Tear it up. Prove it incorrect. DO something besides blowing smoke out yer azz. What Traficant stated, ON THE RECORD and with attending documentation, is the point. If you can prove he's wrong, we'd be most interested. Otherwise, you're just playing the part of the trail mule ...

kissup
 Quoting: Anonymous Coward 381076



YEAH, HERE'S YOUR BOY, A POLITICAL AND ECONOMIC GENIUS!




Traficant guilty of bribery, racketeering






CLEVELAND, Ohio (CNN) -- A jury found flamboyant U.S. Rep. James Traficant guilty of bribery and all other charges against him Thursday after a two-month federal racketeering and corruption trial.

The jury of 10 women and two men convicted the congressman on all counts against him, covering charges of taking bribes, filing false tax returns, racketeering, and forcing his aides to perform chores at his farm in Ohio and on his houseboat in Washington.

The verdict followed four days of deliberations. The nine-term maverick Democrat represented himself in court throughout the trial, even though he is not an attorney.

Traficant kept his head down as the jury's decision was read. He then said flatly, "I accept your verdict."

[link to archives.cnn.com]
Captain Marjorie, US Army
Anonymous Coward
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03/18/2008 10:27 AM
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I recall reports from that trial indicated that the whole show was something of a circus.
Anonymous Coward
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03/18/2008 11:11 AM
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Re: Congressman Traficant's Speech on US Bankruptcy
Is this true?

It is an established fact that the United States Federal Government has been dissolved by the Emergency Banking Act, March 9, 1933, 48 Stat. 1, Public Law 89-719; Declared by President Roosevelt, being bankrupt and insolvent.


So basically he's saying that the United States that we think we live in today was dissolved back in 1933?

And the Constitution is meaningless now basically since that United States no longer exists?
Anonymous Coward
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03/18/2008 11:59 AM
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Come on!

I posted that last message at 11:11...

That's worth a reply at least... uhhh, right?
Anonymous Coward
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03/18/2008 01:04 PM
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Re: Congressman Traficant's Speech on US Bankruptcy
Discount the OP's piece, will ya? Tear it up. Prove it incorrect. DO something besides blowing smoke out yer azz. What Traficant stated, ON THE RECORD and with attending documentation, is the point. If you can prove he's wrong, we'd be most interested. Otherwise, you're just playing the part of the trail mule ...

kissup
Quoting: Anonymous Coward 381076


YEAH, HERE'S YOUR BOY, A POLITICAL AND ECONOMIC GENIUS!




Traficant guilty of bribery, racketeering






CLEVELAND, Ohio (CNN) -- A jury found flamboyant U.S. Rep. James Traficant guilty of bribery and all other charges against him Thursday after a two-month federal racketeering and corruption trial.

The jury of 10 women and two men convicted the congressman on all counts against him, covering charges of taking bribes, filing false tax returns, racketeering, and forcing his aides to perform chores at his farm in Ohio and on his houseboat in Washington.

The verdict followed four days of deliberations. The nine-term maverick Democrat represented himself in court throughout the trial, even though he is not an attorney.

Traficant kept his head down as the jury's decision was read. He then said flatly, "I accept your verdict."

[link to archives.cnn.com]
 Quoting: Monadnock


And how does this change what Traficant stated and presented when he reported "...On The Bankruptcy Of The United States, United States Congressional Record, March 1, 1993 VOL. 33, page H-1303..." ???????

Traficant's research and his speech before Congress (on the record) was the subject of the thread, so please pay close attention. You are attempting to sidetrack the issue itself.
Ganid (OP)

User ID: 204982
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03/18/2008 01:37 PM
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Re: Congressman Traficant's Speech on US Bankruptcy
Kewl!!! Great post!

Texans...
Here's a little bit of law that you might want to file away for future reference.
[link to tlo2.tlc.state.tx.us]

§ 1.308. PERFORMANCE OR ACCEPTANCE UNDER RESERVATION OF
RIGHTS.
(a) A party that with explicit reservation of rights performs or promises performance or assents to performance in a manner demanded or offered by the other party does not thereby prejudice the rights reserved. Such words as "without prejudice," "under protest," or the like are sufficient.
(b) Subsection (a) does not apply to an accord and
satisfaction.

Added by Acts 2003, 78th Leg., ch. 542, § 1, eff. Sept. 1, 2003.
 Quoting: RHSC 381076


Thanks Kewl,
Here is more from Texas:

Current Texas Rules of Court recognize
a man’s right to deny corporate existence:
By a Texas Law Researcher

In "The State of Texas" there are 2 rules in the
Texas Rules of Civil Procedure. They are rule 52.
ALLEGING A CORPORATION, and rule 93. CERTAIN PLEAS
TO BE VERIFIED. Rule 52 is straight forward about
the corporation status.

TRCP 52. ALLEGING A CORPORATION

“An allegation that a corporation is incorporated
shall be taken as true, unless denied by the affidavit
of the adverse party, his agent or attorney, whether
such corporation is a public or private corporation
and however created.”

In an equity setting where there is a maritime contract
in effect. Only like entities can contract with each
other. The entities I am talking about are “persons”,
entities in a subject to government position (citizens,
body politic, corporations, members, employee's and
any other man made legal fiction).

Now we get to rule 93. This one is vague but interesting.
In the Texas Rules of Civil Procedure, this rule is
mentioned in the section on the "Motion to Abate",
which is basically an old common law motion. I will
reproduce the important parts with my comment in
parentheses. - This rule takes up a whole page.

TRCP 93. CERTAIN PLEAS TO BE VERIFIED

“A pleading setting up any of the following matters,
unless the truth of such matters appear of record,
shall be verified by affidavit.

1. That the plaintiff has not legal capacity to sue
or that the defendant has not the legal capacity to
be sued. ( if you are not a corporation you would
lack capacity, just for fun look up "civilly dead"
or "civil death")
2. That the plaintiff is not entitled to recover in
the capacity in which he sues, or that the defendant
is not liable in the capacity in which he is sued.
(Note: Corporations, or members of a corporation as
officers or employees of a corporation) cannot sue
a man who is of unlimited liability status.)
3. omitted
4. That there is a defect of parties, plaintiff or
defendant. (See Note in #2 above.)
5. omitted
6. That any party alleged in any pleading to be a
corporation is not incorporated as alleged.
(See note in #2 above)“
Ok. You get the point. This rule goes on to talk
about contracts without consideration. It also talks
about insurance claims. These pleadings are basically
denying “personam jurisdiction” and subject matter
jurisdiction.

Here is one more interesting tidbit. The book to
which I refer is "O'Connor's Texas Rules Civil
Trials 2000". Quoting Justice Michael O'Connor
On page XII:

"To reduce gender choices, I refer to trial judges
as the "trial court" and to parties as "it" - as
though all parties were corporations, which they
often are."

What is the significance of this? If you answer to
the appelation of "person" in response to a charge
under any Statute or Act, you are considered a
corporate body without a free will mind.

And a quote from Sam Adams:

"If ye love wealth better than liberty, the tranquility
of servitude better than the animating contest of
freedom, go home from us in peace. We ask not your
counsels or arms. Crouch down and lick the hands
which feed you. May your chains set lightly upon
you, and may posterity forget that ye were our
countrymen."
Samuel Adams, speech at the Philadelphia
State House, August 1, 1776.
Ganid (OP)

User ID: 204982
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03/18/2008 01:46 PM
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Re: Congressman Traficant's Speech on US Bankruptcy
Is this true?

It is an established fact that the United States Federal Government has been dissolved by the Emergency Banking Act, March 9, 1933, 48 Stat. 1, Public Law 89-719; Declared by President Roosevelt, being bankrupt and insolvent.


So basically he's saying that the United States that we think we live in today was dissolved back in 1933?

And the Constitution is meaningless now basically since that United States no longer exists?
 Quoting: Anonymous Coward 125108


Somebody just turned on the lights !!
Anonymous Coward
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03/18/2008 02:00 PM
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bump
Ganid (OP)

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03/18/2008 02:07 PM
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Re: Congressman Traficant's Speech on US Bankruptcy
Thanks for this. I know that you are a true
American patriot, but somewhat afraid of
saying what you mean in a direct way.

Let me fill in your spaces between your lines:

YEAH, HERE'S YOUR BOY, A POLITICAL AND ECONOMIC GENIUS! Who is a true American HERO and PATRIOT for all the FOUNDING FATHERS Meant AMERICA to be.

Traficant guilty [by an ignorant and dunbed-down jury] of [trumped up charges of] bribery, racketeering


CLEVELAND, Ohio (CNN) -- A jury, [totally ignorant of the law and true American values], found flamboyant, [read: truthful and vocally aggressive] U.S. Rep. James Traficant guilty of [the trumped up charges of] bribery and all other charges against him Thursday after a two-month federal racketeering and corruption [kangaroo court] trial.

The jury of 10 women and two men, [garnered from drug dens and whorehouses] convicted the congressman on all counts against him, covering charges of taking bribes, filing false tax returns, [refusing to go along with the extortion racket called income tax] racketeering, and forcing his aides to perform chores at his farm in Ohio and on his houseboat in Washington. [With an AK-47 pointed at them?]

The verdict followed four days of deliberations [snorting crack provided by the FBI}. The nine-term maverick [to the system of arch-treason delved into by most Congressmen] Democrat represented himself [the 'himself' is a legal fiction name owned by the State, otherwise, a free will man "IS" himself] in court [charade] throughout the [monkey] trial, even though he is not an attorney - [an officer of the court].

Traficant kept his head down as the jury's decision was read. He then said flatly, "I accept your verdict." [That was quite common for Christians to say, who were led to the stake to be burned in the earlier versions of the Pope's inquisition murders. You need to watch a movie about just how bad the Inquisition was, and apparently still is:

[link to arcticbeacon.com]

[link to archives.cnn.com]
 Quoting: Monadnock
Anonymous Coward
User ID: 348793
United States
03/18/2008 02:15 PM
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Re: Congressman Traficant's Speech on US Bankruptcy
ha ha monadnock owned!

nice work Ganid

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