Who owns US?
Who is on the board of directors of 'UNITED STATES OF AMERICA, INC.'
"The few who understand the system, will either be so interested in its profits, or so dependent on its favors that there will be no opposition from that class, while on the other hand, the great body of people, mentally incapable of comprehending the tremendous advantages...will bear its burden without complaint, and perhaps without suspecting that the system is inimical to their best interests." - Rothschild Brothers of London communiqué to associates in New York June 25, 1863
"The real truth of the matter is, as you and I know, that a financial element in the large centers has owned the government of the U.S. since the days of Andrew Jackson." -- Franklin D. Roosevelt in a letter written Nov. 21, 1933 to Colonel E. Mandell House .
"Still think you're free? Still think all you have to do is vote the incumbent out of office and everything will automatically return to 'normal.' It's too late. Protesting, voting, or - laughably - letters to the editor won't change anything.
corporate info from the Delaware Secretary of State website:
INTERNAL REVENUE TAX AND AUDIT SERVICE (IRS) For Profit General Delaware Corporation Incorporation date 7/12/33 File No. 0325720
FEDERAL RESERVE ASSOCIATION (Federal Reserve) Non-profit Delaware Corporation Incorporation date 9/13/14 File No. 0042817
CENTRAL INTELLIGENCE AUTHORITY INC. (CIA) For Profit General Delaware Corporation Incorporation Date 3/9/83 File No. 2004409 background info: Transfers: With the National Security Council to the Executive Office of the President by Reorganization Plan No. 4 of 1949, effective August 20, 1949; to independent agency status by EO 12333, December 4, 1981.
Central Intelligence Group established under the National Intelligence Authority by Presidential directive, January 22, 1946, to plan and coordinate foreign intelligence activities. By National Intelligence Authority Directive 4, April 2, 1946, NIA assumed supervision of the SSU dissolution during spring and summer 1946, assigning some components to Central Intelligence Group at request of Director of Central Intelligence, and effecting incorporation of the remaining units into other War Department organizations. SSU officially abolished by General Order 16, SSU, October 19, 1946. Central Intelligence Group and National Intelligence Authority abolished by National Security Act, which created the CIA, 1947. SEE 263.1.
FEDERAL LAND ACQUISITION CORP. For-profit General Delaware Corporation Incorporation Date 8/22/80 File No. 0897960
RTC COMMERCIAL ASSETS TRUST 1995-NP3-2 For-profit Delaware Statutory Trust Incorporation Date 10/24/95 File No. 2554768
SOCIAL SECURITY CORP, DEPART. OF HEALTH, EDUCATION AND WELF For-Profit General Delaware Corporation Incorporation date: 11/13/89 File No. 2213135
UNITED STATES OF AMERICA, INC. Non-profit Delaware Corporation Incorporation Date 4/19/89 File No. 2193946
(Please look at #1 at the end of the paragraph it states "click here for status on the web." From there, at the end of the first paragraph "receive a status inquiry on line, CLICK HERE." That takes you to 'General Information Name Search.')
Keep in mind - these are just the listings I could find. For example, I tracked down the Bureau of Engraving and Printing - in the state of Texas (foreign corp from the District of Columbia).
This means, as 'citizens,' we are assets of the corporation. It doesn't matter who is in office, the board of directors and the shareholders own and run the country - just as in any other corporation.
The thing to find out, and I'm hoping the corporate records will show, is who are the shareholders? Who profits - for example - from the 'private, for-profit, corporate CIA' or the 'private, for-profit, corporate IRS' or the 'private, for-profit Social Security' - that those in charge are now telling us is 'broke.' Who is on the board of directors of 'UNITED STATES OF AMERICA, INC.'
Ask anyone you know if they are aware of this. Call your congressman's office and ask them. Why doesn't anyone know? Why isn't this casually mentioned in the news? 'The Board of Directors of the United States of America, Inc., today ruled........' 'The Board of Directors of the Social Security........' 'Today, the Central Intelligence Authority filed as a private for-profit corporation.' Why do those in charge never mention this? Why, searching on any search engine, doesn't this information come up?
Because we're being lied to. Ever wonder why those who fight the IRS are not allowed to bring up their Constitutional Rights in tax court? Constitutional Rights do not apply in an equity court. Contract law supersedes individual and Constitutional Rights. Corporate law is a totally different animal from common Federal Reserve Banklaw. Ask any corporate attorney. You've inadvertently signed contracts with this bastard entity posing as the 'free' United States of America - when you registered to vote, when you applied for a checking account (at a Federal Reserve corp bank - look at your signature card, it states you will comply with all rulings from the Secretary of the Treasury), when you applied for a social security card.....
Ever look at the trust corporations (such as the RESOLUTION TRUST CORP (RTC) associated with the UNITED STATES OF AMERICA, INC.? Trust - a fiduciary relationship in which one party holds legal title to another's property for the benefit of a party who holds equitable title to the property. Who holds the equitable title? Ever notice property deeds state 'tenant' when referring to the supposed owner?
We are ruled by fictitious entities - corporations are fictions. We have been lied to, our entire lives, that we are free. The United States is owned, lock, stock, and barrel, each of us as citizens of the United States is owned. The question to which I want the answer is: Who owns us?
taken from here
One day governments must be made to stop funding big business at the expense of the community, the corrupt corporations and officials that let it happen should be brought undone..sometimes it nearly happens....but when ever it nearly does,its quickly covered with a bandaid..and everyone walks away and forgets about it
whenever it happens its only ever 1% of the tip of the iceberg is being uncovered.
Victims' fund has been going to Wal-Mart and other large businesses
Nightmares of a Central Banker
The record of modern central banking is bleak. Serving as a bailout machine for the financial markets and as a reliable financier of the state, modern central banks by the very nature of their origin and existence do not curb the booms (which they could) and do not prevent recessions or depressions (which they would wish to do but cannot). Monetary policy suffers from the same faults as any other centralized economic policy and other forms of interventionism, and like all centralized economic policies and interventionist measures, the monetary policy of active central banks has been failing again and again.
Below is an old article , seemingly even more relevant now
Is a USA Economic Collapse Due in 2005?
The US Senate just reconfirmed 78-year-old Alan Greenspan to an unprecedented fifth term as chairman of the world's most powerful central bank, the Federal Reserve, or Fed as it is known. The fact that President Bush re-nominated Greenspan underscores how vulnerable the global financial edifice is, and not how excellent a central banker Greenspan is.
On the surface, world growth appears to be expanding finally, after severe recession and the 60% fall of the US stock market in 2000-2001. The Federal Reserve says it is so confident that growth in the US economy is taking firm hold, that it raised its key interest rate from a record low 1% to 1.25% last month, signaling it would slowly bring rates up to "neutral" levels of 3.5-4.5% over coming months. Around the world, strong growth of exports are being reported from Brazil to Mexico to South Korea. Growth in China is so strong the government is worried it is overheating. In Europe, the UK is expanding at the fastest pace in 15 years. France expects GDP to grow by 2.5%, and even Germany is talking about stronger export growth. The driver is US economic growth.
The problem with this optimistic picture is the fact it is entirely based on the dollar and unprecedented creation of cheap dollar credit by Greenspan and the Bush Administration. Their only short-term goal has been to keep the US economy strong enough to assure re-election for George Bush in November. Washington reports are that Bush made a deal to re-appoint Greenspan on the promise Greenspan would keep the economy growing until the elections. They have done this by a combination of historic low interest rates, rates only seen before in times of war or depression, and by stimulating the economy by record budget deficit spending, issuing government bonds to finance it. The world has been flooded with cheap dollars as a result.
What is clear now is that this unsustainable effort is likely to come to an end sometime in 2005, just after the elections, regardless of who is President. Given the scale of the money-printing by the Fed and the US Treasury since 2001, it is pre-programmed that the "correction" of the latest Greenspan credit binge will impact the entire global financial and economic system. Some economists fear a new Great Depression like the 1930's. The world today depends on cheap US dollar credit. When US interest rates are finally forced higher, dramatic shocks will hit Europe, Asia and the entire global economy, unlike any seen since the 1930's. Debts that now appear manageable will suddenly become un-payable. Defaults and bankruptcies will spread as they did in the wake of the 1931 Creditanstalt collapse.
The US Home Bubble
The official US myth is that the recession of 2000-2001 ended in November 2001 and "recovery" has been underway ever since. The reality is not so positive. Using record low interest rates, the Fed has lured American families into debt at record rates, creating what might be called a "virtual recovery," financed by record amounts of new consumer debt. There has never been a recovery before in which debt levels increase, rather the opposite.
The American dream of owning an own home has been the source of the record lending, helped by the lowest interest rates in 43 years. Greenspan has often boasted this has been what has propped the US economy since 2001. When families buy a home, they need furniture, they employ construction workers, electricians, engineers, and the economy grows. Record low interest rates have made it very easy for families to get a bank loan, using their home equity as collateral or guarantee. These loans, tied to the rising real estate prices, allowed American families to finance new furniture, cars, and countless more. In 2003 banks made a record $324 billion in such home equity loans, on top of $1 trillion in new mortgage loans.
All this economic consumption has created the illusion of a recovering economy. Behind the surface, a huge debt burden has built up. Since 1997, the total of home mortgage debt for Americans has risen 94% to a colossal $7.4 trillion, a debt of some $120,000 for a family of four. Bank loans for real estate purchases have risen since 1997 by 200%, to $2.4 trillion. Average US home prices have risen by 50% in the period since 1998. In 2003 alone a record total of $1 trillion in new mortgage loans were made. In 1997 mortgages totalled $202 billion.
In many parts of the US, home price inflation has become alarming. An apartment in Manhattan is now above $1 million. Home prices in Boston have risen by 64% in five years. California real estate prices are soaring. On average US home prices have risen 50% in six years, an unprecedented rise, driven by Greenspan's easy credit. In seven years to 2004, prices of US homes had risen on paper by $7 trillion to a total of $15 trillion, the highest in US history. The problem is so obviously dangerous, that Greenspan recently was forced to deny existence of any real estate "bubble," much as he denied a dot.com stock bubble in 2000.
But that is exactly what he has created with his low interest rates. The dot.com bubble has been transformed into a larger and more threatening real estate bubble. Families have been convinced to invest in a home as an alternative to buying stocks for their pension years.
The rise in home prices has been driven by cheap interest rates and banks rushing to lend with abandon. Because two semi-government agencies, the Federal National Mortgage Association, known as FannieMae, and the Government National Mortgage Association, or GinnieMae buy up the bank's mortgage contracts, taking the risk from the local banks, so the local lending bank has less pressure to guarantee that he lends to low-risk credit-worthy families likely to repay the loan.
The US Congress has passed new laws making it even easier for families to buy homes with no penny of their own money required initially as "down payment." This has meant a huge rise in mortgage loans to economically marginal or risky families. The number of such risky or "sub-prime" mortgage loans has risen by 70% this year alone, and now makes up 18% of all US mortgages. Many of these risky mortgages are made under "adjustable rate mortgages". Today adjustable rates are low, just above 4%. Because of this some 35% of all new mortgages are adjustable today.
So long as rates stay low, the roulette wheel of debt rolls on. The problem begins when interest rates rise and families, lured into buying a home with variable interest rate payments, suddenly find their monthly cost of paying the mortgage has exploded as interest rates rise. At that point, US banks will face a serious bad loan problem, far worse than that of 1990-92 when several of the largest US banks were on the brink of failure. US rates began to rise significantly in May, and the Fed was forced to raise its official rate on June 30 for the first time in four years. Many banks have loans written in adjustable mortgage rates. As US interest rates continue to rise over the next twelve months or so, that will trigger a wave of mortgage defaults. Some industry experts fear a "bloodbath" in 2005.
The American family is highly indebted, not just for their home. The Federal Reserve data show a total US debt level now above $35 trillions, or some $ 450,000 for a typical family of four. Average consumer debt for credit cards, autos and such is at record highs. Carmakers continue to offer car loans, with loans for up to six or even seven years. Many Americans owe more on their car than it is worth. The debt grows. As long as Fed rates are at 43 year lows, the debt is manageable. When US rates rise, it becomes unmanageable for many. The rise has begun. There are two ways rates are likely to rise from here.
First, the Fed itself has been forced to act, raising its Fed funds rate the first time since four years, to 1.25% from 1% on June 30. It had no choice. Greenspan has claimed for months that the US recovery was "strong" and that rates would return to "normal" soon. It was a calculated bluff. Had he not acted as US jobs data convinced investors recovery might be real, he faced a major crisis of confidence in the dollar. The Bush Administration reportedly manipulated employment statistics to show better job growth for the election.
Ever since raising rates, Greenspan has calmed nervous markets by stating that future rises will be ever so gradual. In other words: don't worry, speculators. But if he is to keep the confidence of the large bond markets, he must convince them that he is still vigilant against inflation. That is tough when prices for everything from copper to oil to lumber to soybeans and scrap steel are rising from 50% to 110% over recent months. His only anti-inflation tool is higher interest rates, or promise of same. The longer he fails to raise rates as prices rise, the greater the risk of a dollar crisis, as foreign investors fear the worst, namely that the US economy is in far worse shape than officials admit. The Fed is in a trap.
Yet higher interest rates threaten to explode the trillion dollar home mortgage debt bubble, where home values are estimated to be at least 20% overvalued nationally, or $3 trillion.
When private bond investors such as major pension funds and banks lose confidence in Greenspan's inflation commitment, the only other source of support for low interest rates would be the willingness of Japan and China above all, to pour billions more of their dollars into buying US bonds.
Keeping the Bush Government Afloat
The largest buyers of US government debt have been the central banks of the Asia-Pacific. The central banks of Japan and China alone hold more than $1 trillion of US Treasury bonds as foreign currency reserves. Worldwide foreign central banks hold some $1.3 trillion of US government debt. If private debt is added, the United States is the world's largest debtor, with some $3.7 trillion in net foreign debt, as of the start of this year, likely well over $4 trillions by now. In 1980 when Ronald Reagan was elected the US was the world's creditor with a plus of $1 trillion.
Nations depending on the large US export market, recycle their trade surplus dollars back into buying US Treasury debt, to keep their currency fixed to the dollar. Because Japan and China and others continue to buy record sums of US debt, paying with their hard-earned trade dollars, US interest rates can remain far lower than otherwise. Were foreign buying of US bonds to reverse or even slow, the US Treasury would have to offer higher interest rates to lure investors to buy the debt. That would make interest rates on homes more expensive very fast. Millions of homeowners would face default. Prices would collapse in many regions, leading to higher unemployment.
This will not be like the dot.com crash, which was a deliberate crash caused by the Fed raising rates to deflate that bubble. In 2000 interest rates were 6.5% and the Fed had room to lower to 1% and create the housing bubble alternative for money to keep the economy afloat on a sea of debt. This time, rates are at historic lows, debt at historic highs, dependency on continued foreign capital inflows is unprecedented.
Speculation has become global as never before. The cheap credit in the dollar world has led to cheaper credit worldwide. The economies of Brazil, Mexico and even Argentina benefit from banks and speculators like George Soros who borrow at the super low US or Japanese interest rates to invest in bonds in high interest rate lands like Brazil or Turkey or Argentina. These so-called emerging markets have been booming in the past year on Greenspan's promise to keep US rates so low. That now is beginning to look very risky. As well, Bush Administration talk of possible terror attacks around election-time, is making many major investors fear risking investing in US stocks or bonds. They are instead beginning to cash in their recent profits from the Greenspan stock boom of 2003-04, and holding it in safe cash.
That is a major reason the US stock and other markets have been in steady fall in recent weeks. The US debt bubble depends on maintaining the myth of a US recovery to lure foreign capital to invest, helping keep the dollar from collapse. Should foreign pension funds of the central banks of China and Japan be convinced the US recovery is in danger, there could be a major shift of funds out of dollars.
Yet China and Japan, fearing the dollar crisis, have recently begun heavy buying of commodities, from oil to iron ore to copper to gold. They are using their trade dollars to buy real commodities, instead of US Treasury debt, which is mere paper. Chinese panic buying of oil for stockpiling reserves is a major factor pushing oil prices again to record levels of $42 barrels despite two major OPEC quota rises. Steel prices have exploded due to China demand.
When Bush became President he inherited a Federal budget in surplus. Since then he has created the largest deficits in US history, near $500 billion in 2004 and estimated to reach $600 billion in 2005. In 1971, when Nixon took the dollar off the gold standard, the Federal budget deficit was an "alarming" $23 billions.
These huge deficits are financed by the US Treasury selling government bonds or similar paper to investors. Since 2001, the central banks of Asia, led by Japan and China, have bought huge sums, some 43% of all US Government debt. They in effect recycled their trade dollars gained from exporting cars, electronics, textiles and other goods to the US consumer. In the 12-month period to this April, the Bank of Japan spent a record $200 billions to buy US dollar bonds or, in effect, to finance the cost of Bush's Iraq war. The Banks of China, South Korea and Taiwan bought almost as much dollar bonds.
They did this for clear reasons: Their currencies are linked to the dollar, and were the dollar to fall against the Yen or the Yuan, Asian exports would suffer a decline, endangering their economic growth and leading to explosive rises in unemployment across Asia. By recycling their trade dollar surplus into buying US Treasury debt, they argue they are looking after their own needs. A dollar crisis in early 2005 could signal the next global crisis. The whole world is hostage to the misconceived economic policies of a dollar standard out of control.
Is a USA Economic Collapse Due in 2005? by F. William Engdahl