Showing posts with label finance. Show all posts
Showing posts with label finance. Show all posts

Monday, August 21, 2017

Keiser Report: Uber Business

Staff Writer, DL Mullan
Fianance / News
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Max and Stacy discuss subprime auto leases running over Uber. Max continues his interview with Stephen Baldwin about plans for the Great American Pilgrimage across America in an RV, looking to meet the people overlooked by mainstream television media.

Source RT 

Monday, March 14, 2016

Jean-Claude Van Damme Calls Out Rothschild and Rockefeller on Live TV

Staff Writer, DB Holmes
History / Politics 
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Thank you, Mr. Van Damme, for speaking the truth to a national audience. The People of the Earth need people like you to be outspoken. Our pundits and politicos have failed us in every regard. 


Appearing on the French television show, Le Grand Journal, Jean-Claude Van Damme (JCVD) just showed the world that even he is aware of the control and power of the Rothschild and Rockefeller families.

Van Damme was invited on the French show to speak about the US elections and commented on Donald Trump, Ted Cruz and Vladimir Putin.

However, he quickly hijacked the narrative and went on to explain how the Rothschild and Rockefeller families control the politicians and run the world from behind the scenes.

Source: Hang the Bankers

Friday, December 18, 2015

Movie Night: The Pope’s New World Order + the Illuminati Among Us Exposed

Staff Writer, DB Holmes
Science / Imperial Bloodlines
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Author Leuren Moret traces the bloodlines of the Illuminati, from the ancient Persians to the modern Jesuits and explains how the Pope might be the final step in the New World Order. From the Aldebrondinis to Vladimir Putin (who happens to be the new Tsar), we uncover how power has shifted to the East, but managed to stay in the hands of a select few. Nuclear poisoning, HAARP weaponry, and false flags being utilized to manipulate the globe, plus the silencing and stealing of Nikola Tesla’s innovation are all explored in this Buzzsaw interview, hosted by Sean Stone.

Source: Buzzsaw

Wednesday, November 4, 2015

Central Bankers, Wars, and Financial Surveillance

Staff Writer, DB Holmes
Finance / Banking
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In this episode of the Keiser Report, Max Keiser and Stacy Herbert discuss Violent Market Surrogates as the doors of misperception in a brave new world in which central bankers are fighting the wrong war. In the second half, Max interviews Brett Scott, author of The Heretic's Guide to Global Finance: Hacking the Future of Money, about financial surveillance states and cashless societies.


Source: Keiser Report

Wednesday, January 28, 2015

Karen Hudes Whistleblower on the Chris Ponte Show

Staff Writer, DB Holmes
Finance / History
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Karen Hudes describes state capture of the courts, the Congress, and the switch away from Federal Reserve Notes for Chris Ponte's Danbury, Connecticut public access TV show, pre-taped on 1/26/15, the day before a blizzard on the scheduled show time.

Source: Karen Hudes

Wednesday, November 19, 2014

Modern Money Mechanics, the Federal Reserve, and Banking

Staff Writer, Nathaniel Diaz
Money / Finance
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The Federal Reserve Bank of Chicago published this workbook: MODERN MONEY MECHANICS, A Workbook on Bank Reserves and Deposit Expansion.

Here is how the Federal Reserve system defines what currency is, who is responsible, and everything in between.

Introduction
The purpose of this booklet is to describe the basic process of money creation in a  "fractional reserve" banking system. The approach taken illustrates the changes in bank  balance sheets that occur when deposits in banks change as a result of monetary  action by the Federal Reserve System - the central bank of the United States. The  relationships shown are based on simplifying assumptions. For the sake of simplicity,  the relationships are shown as if they were mechanical, but they are not, as is described  later in the booklet. Thus, they should not be interpreted to imply a close and  predictable relationship between a specific central bank transaction and the quantity of  money.

Source: Federal Reserve Bank of Chicago 

Tuesday, November 18, 2014

Positive Money: Not Debated in Parliament in 170 Years

Staff Writer, R. Patrick Chapman
Finance / Economy
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More conversation than the United States has about their money, currency. In this document, we read how money is the key to economic security as well as national importance. Money creation should not be in private hands. 

It is in the public's interest to have the final say in their money matters.


Source: Positive Money

Friday, November 14, 2014

Movie Night: Law & Getting Back Our Sovereignty Part5: Foreclosures

Staff Writer, DB Holmes
Banking / Law 
_____________________________________

This show details the sheer fraud and the collusion between the courts and the banks, from people who have done their homework to expose the fraud, and to expose how the people themselves are the CREDIT for the loans that they are being double-charged. This is an obligation of the United States Government that has been stolen by the Agencies. They charge us to cover up their embezzlement. This is an astonishing charge, until you follow the money trail and understand that that is exactly what is happening in the courtrooms across America - and across the world.

Dr Christina Winsey, from Sarasota, FL, has been fighting a Foreclosure for her family home since 2010. Her lawyer quit in October, 2013, and she had to take over her own case. What she has learned since that has made her become an expert in the Foreclosure Fraud Machine. She has learned that the Judges are in collusion with the Banks against the homeowner. Yet, she has prevailed, bringing in an Expert Witness who has helped her take her appeal where her evidence will have to be heard by the Court. She has created an amazing support network that she shares with others in similar circumstance.
[8:29:34 PM] Rebecca Cope: Jennifer Pippin, of Pippin Home Designs, has recently been named a FELLOW of the AIBD, her professional organizatio. She is only one of two women named in the 64-year history of the organization. She and husband Wes remodeled the home that has been in foreclosure since the banking crisis was deliberately created by the "Too Big to Fail" Banks. She has prevailed, and has a truck-load of paperwork to show how diligently she has dug in her heels to protect the lovely home she shares with so many. Jennifer freely shares her techniques with others, and encourages them to prevail. It is a mindset, and you CAN prevail.

For information, contact rebecca@humanitad.org, christina.winsey@verizon.net, or jenny@pippinhomedesigns.com. There is a large antiforeclosurenetwork available to help. http://AFNetwork.org.

The BBS Show features Rod Class and his brother Dwight Class, both Private Attorney Generals and Bounty Hunters with a Congressional Mandate to hold Public Officials accountable to the Rule of Law. DJ Harvey, who is the Co-host of the AIB Radio Show, joins us to share the historical significance of the learning that has taken place over the years. Lamont, who was over knowledgeable Videographer for the PAG Conference, also joins in to give his special perspective. Lamont works with Public TV with the Paula Gloria Show.

Source: New Earth Nation

Monday, October 20, 2014

Volcania Interview with World Bank Whistleblower, Karen Hudes

Staff Writer, R. Patrick Chapman
Banking / Corruption
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World bank whistleblower Karen Hudes on the criminal banking cartels and how to stop them.


Source: Volcania Radio

Monday, August 18, 2014

Interview with Karen Hudes; Systemic Bankster Corruption and How the 99% Will Overcome It

Staff Writer, R. Patrick Chapman
Banking / Finance
____________________________________

August 18th, 2014
Broadcast live out of Crescent City, CA
at KFUG 101.1FM and streaming at www.kfugradio.org

Counter Culture Radio host Dr.Dan Schultz interviews
Karen Hudes, J.D. Mrs. Hudes is an economist and lawyer practicing in Bethesda, Maryland, She studied economics at the University of Amsterdam, went to law school at Yale, then went into private practice in securities law, worked for 8 years at the Export Import Bank of the US, and for 21 years (1986-2007) as senior counsel in the legal department of the World Bank.

She established the Non Governmental Organization Committee of the International Law Section of the American Bar Association and the Committee on Multilateralism and the Accountability of International Organizations of the American Branch of the International Law Association.

Currently, she is an activist towards re-establishing rule-of law to many facets of government, locally and globally, and restoring integrity to our system as a whole.

Her personal web site is www.kahudes.net

Source:  Dan Schultz 

Friday, August 15, 2014

Movie Night: EndGame

Staff Writer, DB Holmes
News / Government
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For the New World Order, a world government is just the beginning. Once in place they can engage their plan to exterminate 80% of the world's population, while enabling the "elites" to live forever with the aid of advanced technology. For the first time, crusading filmmaker ALEX JONES reveals their secret plan for humanity's extermination: Operation ENDGAME.

Jones chronicles the history of the global elite's bloody rise to power and reveals how they have funded dictators and financed the bloodiest wars—creating order out of chaos to pave the way for the first true world empire. * Watch as Jones and his team track the elusive Bilderberg Group to Ottawa and Istanbul to document their secret summits, allowing you to witness global kingpins setting the world's agenda and instigating World War III. * Learn about the formation of the North America transportation control grid, which will end U.S. sovereignty forever. * Discover how the practitioners of the pseudo-science eugenics have taken control of governments worldwide as a means to carry out depopulation. * View the progress of the coming collapse of the United States and the formation of the North American Union.

Source: Change Da Channel

Monday, July 21, 2014

Movie Week: Will Work For Free

Staff Writer, DB Holmes
Government / Economics
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Will Work For Free is a documentary by Sam Vallely on the subject of technological unemployment.

Source:Maveric Media

Monday, July 7, 2014

How Religion is Pushed on Americans through Their Money

Staff Writer, DB Holmes
Separation of Church & State /Government
______________________________________

Another example of how religion, Jude-Christian values, are forced on every American regardless of the Constitution.
GOD ON OUR COINS
Written Statement of Jon G. Murray,
President, American Atheists, Inc.
7215 Cameron Road Austin, TX 78752-2973
submitted to

U.S. House of Representatives

One Hundredth Congress

Subcommittee on Consumer Affairs and Coinage of the Committee on Banking, Finance and Urban Affairs

Rep. Frank Annunzio, Illinois, Chairman

Supplemental to oral remarks to be given Wednesday, September 14, 1988, at 10:00 A.M. in Room 2128 Rayburn House Office Building at a hearing of the Subcommittee on H.R. 3314, legislation "To modernize United States circulating coin designs of which one reverse will have a theme of the Bicentennial of the Constitution."

Mr. Chairman and members of the Subcommittee, American Atheists is a nonprofit, nonpolitical, educational organization dedicated "to advocate, labor for, and promote in all lawful ways, the complete and absolute separation of state and church." [FOOTNOTE: From the "Aims and Purposes" of American Atheists as recorded in documents of incorporation.] It is with this purpose in mind that our interest has been drawn to H.R. 3314, a bill "to modernize United States circulating coin designs for which one reverse will have a theme of the Bicentennial of the Constitution" now under consideration by the Subcommittee on Consumer Affairs and Coinage. American Atheists are staunch supporters and defenders of both the letter and the spirit of the Constitution of the United States. Our Constitution was a pioneer document among the founding documents of nations in that it nowhere contained a single reference to a deity or divine inspiration. Instead it began by rooting its authority in "We the People," a direct and poignant departure from the divine right of kings from which so many of our forefathers fled to these shores. The importance of the doctrine of separation of state and church for all Americans cannot then be overestimated. It was the marriage of state and church that compelled many of the settlers and immigrants to this country to flee their native lands and seek a country where religion was not an integral part of the government.

American Atheists, therefore, applauds the introduction of H.R. 3314 in the House of Representatives by Rep. Charles B. Rangel (D-NY), Rep. Lindy Boggs (D-LA), Rep. Carroll A. Campbell, Jr. (R-SC), and Rep. Thomas E. Petri (R-WI). We feel that it is high time that the Constitution of the United States be honored, particularly in its bicentennial year of 1989, by the government of the United States. We have no objection to the coins of the United States being used as a vehicle to commemorate that two-hundredth anniversary. Such a commemoration is secular in nature and is in keeping with the laws of the United States, in particular the Establishment and Free Exercise clauses of the First Amendment.

We do, however, object to the fact that pursuant to 31 U.S.C. Section 324 ("Inscriptions on Coins," May 18, 1908) and 31 U.S.C. Section 324a ("Inscriptions on Currency and Coins," July 11, 1955) the coins proposed by H.R. 3314 would bear upon them the motto "In God We Trust." It is our position that the inclusion of that motto on coins and currency violates the Free Speech, Free Exercise and Establishment clauses of the First Amendment and the equal protection clause of the Fourteenth Amendment of the Constitution of the United States in that it is a religious phrase showing that the government has selected and established a particular monotheistic type of religion. Atheists, as other citizens, must carry with them at all times and "present" this religious slogan, presumably as their own, every time they purchase with cash. It, therefore, violates the Free Exercise clause.

In addition, Atheists cannot remove this religious slogan because there is a criminal law (18 U.S.C. Sections 331 and 333) prohibiting same, and thus they are denied the right of free speech and equal protection under the laws, being forced to speak the religious words of Congress by repeatedly presenting the religious motto and slogan adopted by the United States Congress. We also find it particularly inappropriate, in conjunction with the thrust of H.R. 3314, to slander the founding document that this bill purports to commemorate by including such religious graffiti as the motto "In God We Trust" along with the designs suggested by the bill. It would be far more in keeping with the nature of the document that H.R. 3314 seeks to commemorate to have the coins on which such commemoration appears remain as secular as the Constitution itself. We would like to propose the substitution of the phrase "E Pluribus Unum" for the motto "In God We Trust." The historical importance of that phrase and its origin was presented succinctly in a paper read at the Annual Convention of the American Numismatic Association, Buffalo, N.Y., August 23 to 28, 1930, by C. W. Foster, entitled "Origin and History of the Two Mottoes Used on Modern United States Coins."

The following is the pertinent excerpt.
E PLURIBUS UNUM
The phrase E Pluribus Unum is found in "In Moretum," a poem dwelling on habits and customs ascribed to Virgil:
It manus in gyrum; Paullatin singula vires
Dependunt proplas; color est E pluribus unum.
Meaning that "the species of pottage which forms at once the title and subject is described as being made of various materials which the peasant grinds up in a pestle."
English newspapers, for more than half a century before the union of the colonies, carried E Pluribus Unum as part of their motto to imply that their product was the work of many hands. . . .
On July 4, 1776, Benjamin Franklin, John Adams, and Thomas Jefferson were appointed by the Congress to draft a design for the Great Seal of the United States. Thomas Jefferson submitted the first design to Congress on August 10, 1776. The motto used on the seal was E Pluribus Unum, meaning "One Unity Composed of Many Parts." This design, however, was rejected by Congress and after failing to agree on half a dozen different designs in as many years, Congress finally turned the drafts over to Mr. Thomson, Secretary of Congress, early in 1782, and instructed him to complete the project.
Thomson asked many of his friends to help him, among them a young man by the name of Barton. Barton worked rapidly and produced a design which Thomson presented to Congress, which accepted it on the tenth of June, 1782. It was used for the first time on September 16, 1782. The design was the spread eagle with the heart-shaped shield in front of it, and holding a few arrows in one claw and an olive branch in the other, with a scroll held in its beak bearing the motto E Pluribus Unum.
The first coin struck in this country that bore this motto was the New Jersey cent of 1786,
. . .
The motto was first used on the coins struck at the United States Mint in 1795.

It can be clearly seen that the motto "E Pluribus Unum" meaning "One Unity composed of Many Parts" is a fitting motto to describe the Constitution of the United States as a document that was indeed the product of a unity of many parts from many minds. The fact that the Constitution contains no reference even to a deistic deity, unlike the prior Declaration of Independence, is profoundly and historically significant and should be taken into account in any symbolic recognition of the bicentennial of its ratification.

American Atheists understands that the omission of "In God We Trust" from the half dollar, quarter dollar, dime coin, five-cent coin and one-cent coin as proposed by H.R. 3314, and or the substitution of an alternate motto, would require an amendment to modify 31 U.S.C. Section 324 and 31 U.S.C. Section 324a for the purposes of a special coinage issue commemorating the bicentennial of the Constitution. We respectfully submit that such an amendment be recommended by the Committee to the full House. The coinage can be distributed and used very efficiently without a religious motto as, in fact, it was for many years prior to the laws cited herein.

It is important for the Committee to know that American Atheists and others have mounted legal challenges to the constitutionality of the motto "In God We Trust" on the currency and coins in the past. Those attempts were unsuccessful but they have served as a learning experience for new legal actions which American Atheists intends to file in 1989, the Constitutional bicentennial year, in the federal courts. The prior cases were "Aronow v. United States," 432 F.2d 242 (1970) in the United States Court of Appeals, Ninth Circuit, and "Madalyn Murray O'Hair, et al. v. W. Michael Blumenthal, Secretary of the Treasury, et al" 588 F.2d 1144 (1979) in the United States Court of Appeals for the Fifth Circuit. In the former case, the Ninth Circuit ruled that "It is quite obvious that the national motto and the slogan on coinage and currency 'In God We Trust' has nothing whatsoever to do with the establishment of religion. Its use is of a patriotic or ceremonial character and bears no true resemblance to a governmental sponsorship of a religious exercise" 432 F.2d 242, at 243. In the latter case, the United States District Court, Western District of Texas, speaking with a reference to the wording of the Ninth Circuit above, ruled in the "O'Hair v. Blumenthal" challenge that "From this it is easy to deduce that the Court concluded that the primary purpose of the slogan was secular; it served a secular ceremonial purpose in the obviously secular function of providing a medium of exchange. As such it is equally clear that the use of the motto on the currency or otherwise does not have a *primary* effect of advancing religion," 462 F. Supp. 19 (W.D. Tex 1978), a ruling sustained by the Fifth Circuit.

It is the continued position of American Atheists, despite these rulings, that the laws providing for the national motto and placement of the slogan on the currency of the United States clearly fails all three tests of constitutionality under the First Amendment as stated in "Committee for Public Education and Religious Liberty v. Nyquist," 413 U.S. 756 (1973), "Taken together these decisions dictate that to pass muster under the Establishment Clause the law in question, first, must reflect a clearly secular legislative purpose, e.g., "Epperson v. Arkansas," 393 U.S. 97 (1968); second, must have a primary effect that neither advances nor inhibits religion, e.g., "McGowen v. Maryland," 366 U.S. 420 (1961): "School District of Abington Township v. Schempp ," 374 U.S. 203 (1963); and, third, must avoid excessive government entanglement with religion, e.g., "Walz v. Tax Comm'n," 397 U.S. 664 (1970), "Lemon v. Kurtzman," 403 U.S. 602, 612-613 (1971), and " Tilton v. Richardson," 403 U.S. 672, 678 (1971)."

Law 36 U.S.C. 186, titled "National Motto," states in its entirety: "The national motto of the United States is declared to be `In God We Trust.' " This law, (1) has no clear secular purpose, (2) advances religion, and (3) entangles government with religion excessively, thereby failing all three tests for constitutionality under the Establishment Clause. Also, 31 U.S.C. Section 324, titled "Inscriptions on coins," states in its entirety: Upon one side of all coins of the United States there shall be an impression emblematic of liberty, with an inscription of the word "Liberty," and upon the reverse side shall be the figure or representation of an eagle, with the inscriptions, "United States of America" and "E Pluribus Unum" and a designation of the value of the coin; but on the dime, 5-, and 1-cent piece, the figure of the eagle shall be omitted. The motto "In God We Trust" shall be inscribed on all coins. Any coins minted after July 23, 1965, from 900 fine coin silver shall be inscribed with the year 1964. All other coins shall be inscribed with the year of the coinage or issuance unless the Secretary of the Treasury, in order to prevent or alleviate a shortage of coins of any denomination, directs that coins of that denomination continue to be inscribed with the last preceding year inscribed on coins of the denomination.

This law purports to have the secular purpose of fixing "inscriptions on coins" and some of those inscriptions and representations are secular, such as the word "Liberty" and the representation of the eagle. However, as in "Committee for Public Education v. Nyquist," the court notes, "Our cases simply do not support the notion that a law found to have a `primary' effect to promote some legitimate end under the state's police power is immune from further examination to ascertain whether it also has the direct and immediate effect of advancing religion." The Slogan "In God We Trust" placed on coinage has the direct and immediate effect of advancing religion. Law 31 U.S.C. Section 324 fails by the first test to be constitutional.

Law 31 U.S.C. Section 324a, titled "Inscription on currency and coins," states in its entirety, At such time as new dies for the printing of currency are adopted, the dies shall bear, at such place or places thereon as the Secretary of the Treasury may determine to be appropriate, the inscription "In God We Trust" and thereafter this inscription shall appear on all United States currency and coins. This law (1) has no clear secular purpose, (2) advances religion, and (3) entangles government with religion excessively, thereby failing all three tests for constitutionality under the Establishment Clause.

Neither "Aronow v. United States" nor " O'Hair v. Blumenthal" was accepted on petition for writ of certiorari to the Supreme Court of the United States.

It is the intention of American Atheists to pursue the causes of action set forth in those cases in circuits other than the Ninth or Fifth Circuits with the goal of placing the issues in front of the Supreme Court of the United States. It is our position that the Supreme Court will declare the mandatory inclusion of "In God We Trust" on coins and currency to be unconstitutional.

It is important, in view of the stated purpose of H.R. 3314, to turn at this point to a historical review of how the phrase "In God We Trust" came to be included on United States coins and currency. The first directions as to mottoes on currency were given in Statute II, Chap. III, January 18, 1837, "An Act supplementary to the act entitled `An Act establishing a mint, and regulating the coins of the United States.' " In it (a) Section 2m Sixth reads: "The engraver shall prepare and engrave with the legal devices and inscriptions, all the dies used in the coinage of the mint and its branches." And Section 13 reads: "And be it further enacted, that upon the coins struck at the mint there shall be the following devices and legends; upon one side of each of said coins there shall be an impression emblematic of liberty, with an inscription of the word LIBERTY, and the year of the coinage; and upon the reverse of each of the gold and silver coins, there shall be the figure or representation of an eagle, with the inscription United States of America, and a designation of the value of the coin; but on the reverse of the dime and half dime, cent and half cent, the figure of the eagle shall be omitted." The coinage, at that point in history, was totally secular; as clean from a mention of a god as was the Constitution.

Then came the post-Civil War insurgence of religious fanaticism onto the national scene. On February 3, 1863, eleven Protestant denominations (including United Presbyterians and the Methodist Episcopalian General Conference) organized the National Reform Association. Their aim was to "reform" the Constitution and one of its principle purposes was to amend that document to "indicate that this is a Christian nation." The association formally petitioned Congress to amend the preamble of the Constitution so as to read:
We, the people of the United States, HUMBLY ACKNOWLEDGING ALMIGHTY GOD AS THE SOURCE OF ALL AUTHORITY AND POWER IN CIVIL GOVERNMENT, THE LORD JESUS CHRIST AS THE RULER AMONG THE NATIONS, HIS REVEALED WILL AS THE SUPREME LAW OF THE LAND, IN ORDER TO CONSTITUTE A CHRISTIAN GOVERNMENT, AND in order to form a more perfect union, establish justice, insure domestic tranquility, provide for the common defense, promote the general welfare, and secure THE INALIENABLE RIGHTS and the blessings of LIFE, liberty, AND THE PURSUIT OF HAPPINESS to ourselves, our posterity, AND ALL THE PEOPLE, do ordain and establish this Constitution for the United States of America. [Proposed amendments have been capitalized.]

The Christian amendment never succeeded in obtaining either the approval of Congress of any of the states. The National Reform Association attracted many eminent men into its ranks. These were men such as Supreme Court Justice William Strong, Prof. J. H. McIlvaine of Princeton, former governors J. W. Geary and James Pollock of Pennsylvania, J. M. Harvey of Kansas, and J. W. Stewart of Vermont. The most important of these to the history of coinage was James Pollock. President Lincoln picked him as the mint's tenth director in 1861, and he remained in that job until he resigned in 1867. The nation thus had a Director of the Mint during that period who was among those who wanted to make the United States an official theocracy.

During the tenure of Director Pollock the Rev. Mark Richards Watkinson (1824-1877), pastor of "The Old Ridley Baptist Meeting House" which came to be known as "The First Particular Baptist Church of Ridleyville," (which in turn changed its name to "The Prospect Hill Baptist Church" in 1887) founded in 1832 in what was Ridleyville and is now Prospect Park, Delaware County, Pennsylvania, sat down on November 13, 1861, and wrote then Treasury Secretary Salmon P. Chase. The letter read as follows:
Dear Sir:
You are about to submit your annual report to Congress respecting the affairs of the national finances.
One fact touching our currency has hitherto been seriously overlooked. I mean the ecognition of the Almighty God in some form in our coins.
You are probably a Christian. What if our Republic were now shattered beyond recognition? Would not the antiquaries of succeeding centuries rightly reason from our past that we were a heathen nation? What I propose is that instead of the Goddess of Liberty we shall have next inside the 13 stars a ring inscribed with the words `perpetual union'; within this ring the all-seeing eye crowned with a halo; beneath this eye the American flag, bearing in its field stars equal to the number of the States united; in the folds of the bars the words `God, liberty, law.'
This would make a beautiful coin, to which no possible citizen could object. This would relieve us from the ignominy of heathenism. This would place us openly under the divine protection we have personally claimed. From my heart I have felt our national shame in disowning God as not the least of our present national disasters.
To you first I address a subject that must be agitated.

Within a week after receipt of Rev. Watkinson's letter, Secretary Chase sent a letter to the new Director of the Mint, James Pollock.
Dear Sir: No nation can be strong except in the strength of God, or safe except in His defense. The trust of our people in God should be declared on our national coins.
You will cause a device to be prepared without unnecessary delay with a motto expressing in the fewest and tersest words possible this national recognition.

[FOOTNOTE: According to a Committee on Coinage, Weights and Measures Report to accompany H.R. 17296 titled "To Restore The Motto `In God We Trust' to The Coins of the United States," reported on February 27, 1908, as a "History of the Motto `In God We Trust.' "]

In response to this directive Director Pollock came up with various wordings such as "Our Trust Is In God," "Our Trust in God," "Our God and Our Country," "God And Our Country," and "God Our Trust," which was most preferred by Pollock. In December 1863, designs were submitted to the Secretary of the Treasury. On December 9, 1863, Secretary Chase wrote a reply to Director Pollock containing the following remarks:

I approve of your mottoes, only suggesting that on that with the Washington obverse the motto should begin with the word, "Our," so as to read, "Our God And Our Country." And on that with the shield it should be changed so as to read, "In God We Trust."

The coin motto had been born. Congress was approached and "An Act in Amendment of an Act entitled, `An Act Relating to Foreign Coins and the Coinage of Cents at the Mint of the United States,' approved February twenty-one, eighteen hundred and fifty-seven," was passed by Congress on April 22, 1864. That Act contained the phrase "...and the shape, mottoes, and devices of said coins shall be fixed by the director of the mint, with the approval of the Secretary of the Treasury;. . ." Mint Director Pollock had carte blanche and could, at his discretion, Christianize our coins.

WHAT COULD NOT BE DONE THROUGH THE WILL OF THE PEOPLE WAS DONE THROUGH THE SCHEMING OF SEVERAL MEN. The first public issue coin to employ the new motto was the bronze two-cent piece which was issued from 1864 to 1873.

The next person to influence the coinage design was Theodore Roosevelt. On August 3, 1903, Roosevelt saw an equestrian statue of General Sherman which the sculptor Augustus Saint-Gaudens had prepared for the Fifth Avenue entrance to Central Park in New York City. Roosevelt wrote Saint-Gaudens that day about how he admired his work. Then, in July of 1905, Roosevelt wrote Saint-Gaudens again and asked the artist to prepare his inauguration medal. After seeing the quality of that medal he decided that the same artistic skill should be applied to money. He consulted with Secretary of the Treasury Shaw and found that there was nothing to legally stop him from asking the sculptor to submit to him new coin designs. Roosevelt wrote to Saint-Gaudens on November 6, 1905, asking him to do so.

When considering his designs, Saint-Gaudens came across the problem of inscriptions. In that regard, he considered the motto "In God We Trust" and in the words of his son Homer Saint-Gaudens in the book, The Reminiscences of Augustus Saint-Gaudens , which he edited, said: "The motto `In God We Trust' as an inartistic intrusion not required by law, he wholly discarded and thereby drew down upon himself the lightning of public comment."

Theodore Roosevelt disapproved of the motto "In God We Trust," but not for artistic reasons. He felt essentially that it was blasphemous for such a motto to appear on mere coins. He expressed those sentiments in a letter to William Boldly on November 11, 1907, which said in part:
My own feeling in the matter is due to my very firm conviction that to put such a motto on coins, or to use it in any kindred manner, not only does no good but does positive harm, and is in effect irreverence, which comes dangerously close to sacrilege. . . . It is a motto which it is indeed well to have inscribed on our great national monuments, in our temples of justice, in our legislative halls, and in buildings such as those at West Point and Annapolis -- in short, wherever it will tend to arouse and inspire a lofty emotion in those who look thereon. But it seems to me eminently unwise to cheapen such a motto by use on coins, just as it would be to cheapen it by use on postage stamps, or in advertisements. [FOOTNOTE: Ted Schwarz, The Golden Art of St. Gaudens, "Coins," September 1976, p. 76.]

Again the religious community fell upon the Congress and the President with letters of protest and with numerous petitions demanding the restoration of the motto "In God We Trust" that had appeared on *some* coins since 1864. Roosevelt realized that he could not buck public opinion on the issue. A bill was introduced into Congress in 1908. When it became obvious that the House was going to vote in favor of the bill, Roosevelt talked to Senator Thomas Carter, a Republican from Montana, about the bill, referring to a statement by a member of the House Committee on Coinage, Weights and Measures, saying:

The Congressman says the House Committee wants to pass a bill restoring the motto to the coin. I tell him it is not necessary; it is rot; but the Congressman says there is a misapprehension as to the religious purport of it -- it is so easy to stir up a sensation and misconstrue the President's motive -- and that the Committee is agitated as to the effect of a veto. I repeat, it is rot, pure rot; but I am telling the Congressman if Congress wants to pass a bill reestablishing the motto, I shall not veto it. You may as well know it in the Senate also.

The bill was passed in the House on March 8, 1908, and in the Senate on May 13, 1908, becoming Public Law No. 120. The law said in part "Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, That the motto `In God We Trust,' heretofore inscribed on certain denominations of the gold and silver coins of the United States of America, shall hereafter be inscribed upon all such gold and silver coins of said denominations as heretofore." Theodore Roosevelt signed it, as approved, on May 18, 1908.

Later, the Cold War was to come to the United States and with it the hysteria of McCarthyism. In this climate, the religious community again moved to capture the symbols of the nation. At that time a man by the name of Matthew R. Rothert from Camden, Arkansas, was the president of the Arkansas Numismatic Society. He had joined the American Numismatic Association in 1946, and was eventually elected president of that association for the 1965-1967 term. In a speech to the Arkansas group on November 11, 1953, he discussed the idea of including "In God We Trust" on paper money. The response to his speech was enthusiastic and that prompted him to send a written proposal to Secretary of the Treasury Humphrey, and also to President Eisenhower and Secretary of Commerce Sinclair Weeks. [FOOTNOTE: Dudley L. McClure, "The Motto on our Money -- In God We Trust," "Coins," December 1972, p. 47.]

Just as in the case of the Rev. Watkinson in 1861, one letter prompted the wheels of the executive branch into motion and on June 7, 1955, H.R. 619 "Providing for the inscription of `In God We Trust' on all United States Currency and Coins," was introduced in the House. In the Congressional Record , June 7, 1955, page 7796, the intent of the bill was made clear by Mr. Bennett of Florida.
I sincerely hope that the Senate will give its prompt approval to this proposal. In these days when imperialistic and materialistic communism seeks to attack and destroy freedom, we should continuously look for ways to strengthen the foundations of our freedom. At the base of our freedom is our faith in God and the desire of Americans to live by His will and His guidance. As long as this country trusts in God, it will prevail. To serve as a constant reminder of this truth, it is highly desirable that our currency and coins should bear these inspiring words "In God We Trust."

On June 29, 1955, Lyndon Baines Johnson (D-TX) introduced Calendar No. 642, H.R. 619 "A bill to provide that all United States currency shall bear the inscription `In God We Trust.' " The bill was passed that date without any serious debate. The Cold War, however, was not over, nor were the residuals of McCarthyism. On March 22, 1956, H.R. Res. 396 was introduced to establish "In God We Trust" as a national motto. The bill became law on July 30, 1956 (36 U.S.C. Section 186). That law regarding the establishment of a non-secular national motto, has been relied upon by the defendants in both "Aronow v. United States" and "O'Hair v. Blumenthal" to give "patriotic" meaning to several laws, one passed forty-eight years prior, in 1908, and one passed one year prior in 1955.

This use is to invoke the discredited theory of the efficacy of an ex post facto law in an attempt to gain authority for a prior law by referral back to a later or subsequent law. If Congress had truly been expressing the collective will of the people, the act providing for the adoption of "In God We Trust" as a national motto should have preceded the coinage motto bill of 1908.

We can see from the foregoing brief history that two fanatically religious individuals separated by some ninety-two years of history were principally responsible for the events that culminated in the placing of an unconstitutional religious motto on United States coins and currency. The issue of coin and currency mottoes was never submitted to the electorate for any type of vote. It was not by the overwhelming voice of the people that a religious motto was interjected into our coins, currency, national motto, and pledge. The events of 1954, 1955, and 1956 in regard to the establishment of religious mottoes slipped through Congress almost unnoticed in the midst of the McCarthy reign of terror. It is also evident that Theodore Roosevelt was only desirous of making a good faith effort to modernize and beautify the coinage. A similar effort is being instituted here today in the form of H.R. 3314.

Yet, that seemingly innocent desire of Theodore Roosevelt plunged him into the midst of controversy and brought the wrath of the religious community down upon his administration. American Atheists does not desire to see the deliberations concerning H.R. 3314 turn into a forum for modern day religious zealots to arouse the level of controversy that was generated by Theodore Roosevelt's attempt to improve the coinage.

In that regard we are somewhat apprehensive that our input into the hearings on H.R. 3314 will generate an avalanche of letters to the members of the Committee on Banking, Finance and Urban Affairs, from the more religious of their constituencies. On the other hand, American Atheists feels that it is important to honor the Constitution during its bicentennial year in a way that will not obfuscate the contribution of the document's secular nature, a trait which makes it unique among founding documents.

American Atheists wants to leave the Committee with the point that Atheists are patriotic Americans who desire only to exhibit their patriotism in secular ways. When the government of the United States sees fit to place the value of patriotism or adherence to constitutional principles predominantly in a religious context, whether on coins or in the form of a pledge, an oath, or an invocation, it serves to weaken the bonds that hold all citizens of this country in common.

We ask that the symbolism on our coins and currency not serve to divide Americans into religionists and secularists, but tend to unite all citizens in an equal appreciation of our constitutional democracy.

Copyright American Atheists, Inc. All rights reserved Printed copies of this essay can be obtained from: American Atheists, Inc., P. O. Box 140195, Austin, Texas 78714-0195, Voice: 512-458-1244, FAX: 512-467-9525. Stock #8402. 50 copies of this item for $2.50. Texas residents please add sales tax.

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Source: The Secular Web 

Saturday, June 21, 2014

Gates, Fees, and Preemptive Runs

Staff Writer, R. Patrick Chapman
Federal Reserve / Bank Runs
___________________________________

What happens when the Federal Reserve Board asks What If? Then a paper about what can and cannot create a preemptive bank run:

We build a model of a nancial intermediary, in the tradition
of Diamond and Dybvig (1983), and show that allowing the in-
termediary to impose redemption fees or gates in a crisis|a form
of suspension of convertibility|can lead to preemptive runs. In
our model, a fraction of investors (depositors) can become in-
formed about a shock to the return of the intermediary's assets.
Later, the informed investors learn the realization of the shock
and can choose their redemption behavior based on this informa-
tion. We prove two results: First, there are situations in which
informed investors would wait until the uncertainty is resolved
before redeeming if redemption fees or gates cannot be imposed,
but those same investors would redeem preemptively, if fees or
gates are possible. Second, we show that for the intermediary,
which maximizes expected utility of only its own investors, im-
posing gates or fees can be ex post optimal. These results have
important policy implications for intermediaries that are vulnera-
ble to runs, such as money market funds, because the preemptive
runs that can be caused by the possibility of gates or fees may
have damaging negative externalities.
What is the Federal Reserve Board really afraid of?

Without Global Currency Reset, the Federal Reserve Notes are going to collapse and take the United States with it. 

Or, we could transition into the United States Treasury Dollar with gold-backing thanks to John F. Kennedy and the Global Debt Facility.

Our stories include: 

The Fed is Dead: Global Currency Reset Begins as Governor Reneges on Duty to Arizonans
If You Want Answers: Follow the Yellow Brick Road

As has been said before:
The real transition is coming with US citizens' demand for release of the uncut US Treasury Dollars that John F. Kennedy printed to replace Federal Reserve Notes https://s3.amazonaws.com/khude... together with the 170,500 metric tons of gold to underpin the dollar allocated by Wolfgang Struck, the authorized signatory on the Global Collateral Account. https://s3.amazonaws.com/khude... The Jesuits assassinated JFK to prevent implementation of the Green Hilton Agreement, http://nexusilluminati.blogspo...
When will the Central Banks learn, the gig is up? Stop trying to collapse the United States into the North American Union. We have another way out of your created mess.


Source: Federal Reserve Board 

Friday, June 20, 2014

Bilateral Mansfield Breakthrough Successor Agreements and the World's Gold

Staff Writer, R. Patrick Chapman
Money / Banking
__________________________________

For years, the American people and the rest of the world have been shut out of the decision making policies of world leaders, the central banks, and Wall Street. Deceivers and thieves cannot profit if people knew what was happening with the monies and economies of the world. Here is another example. 

The world's gold and treasures are cloaked in a veil of secrecy.


With more people knowing and understanding the Global Collateral Accounts and the Debt Facility, information about the Sequel to the Bilateral Mansfield Breakthrough Successor Agreement is coming to light.

The only question about backing the world's currencies with gold and other precious commodities is what is the next step?

Is the IMF and World Bank going to straighten up the illegalities and fraud rampant in the financial system? Without true reform, fiat currencies will crash and take the world into a deep depression.

Isn't time to stop feeding the greed and destruction of a few global elites and return the workings of the world back to the majority of peace loving peoples?


Source: All of the Above

Thursday, June 12, 2014

The Future, Having A Credit System

Staff Writer, R. Patrick Chapman
Government / Constitution
_______________________________

The Future, Having A Credit System

A lecture/class on The Future if we were to have a True Hamiltonian type System of Credit Banking in place.


Source: LaRouche PAC

Tuesday, June 10, 2014

Raw Footage: Michael Tellinger

Staff Writer, Nicole Meyer-Greene
Society / Ubuntu
______________________________



The banking cartels have enslaved humanity through money and finance. Utopia can exist through community work and free energy. Michael Tellinger discusses not only the history of humanity and money but also the solution of a no-money system.

Welcome to the episode of Raw Footage.


Source: The People's Voice

Friday, June 6, 2014

Movie Night: Elizabeth Warren And Thomas Piketty Discuss the Reailty of Trickle Up Economics

Staff Writer, R. Patrick Chapman
Finance / Economy
_______________________________
Sen. Elizabeth Warren and economist Thomas Piketty discuss a new economic populism that could be gaining broad public support if their book sales are any measure. This event is sponsored by PatrioticMillionaires.org.

Saturday, May 10, 2014

Medieval Torture Devices, Gruesome Death, or American Fiscal Policy: There's a Difference?

Staff Writer, R. Patrick Chapman
Medieval History / Finance
__________________________________

In this episode of the Keiser Report, Max Keiser and Stacy Herbert discuss the brutal tortured to death industry in America and suggest some Medieval ideas, such as the Tub, the Lead Sprinkler and the Brazen Bull. They compare these old techniques to the modern financial and monetary systems in which, for example, investors’ wealth is trapped inside the ‘Brazen Bull’ and the Dow hitting all time highs is actually these investors screaming in financial pain. In the second half, Max interviews Reggie Middleton of BoomBustBlog.com about ‘Reggie Middleton’s Ultracoin’ being to crypto what Google is to the internet - a gatekeeper of value on the blockchain.

Source: Keiser Report

Monday, April 14, 2014

Another One Bites the Dust, Global Currency Trending Paper to Assets

Staff Writer, Keith McDaniel
Finance / Money
______________________________________

Max Keiser and Stacy Herbert discuss the dollar at the bottom of the shampoo bottle and JPMorgan about to have a very cold winter. In the second half, Max interviews investor and businessman, Jerome Booth, about emerging markets in an upside-down world in which most investors have core-periphery disease.


Source: RT