Our Bank Accounts Are About To Be Looted By Gov't & Banksters in 2014 (Document Attached)

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Many of us have heard about the government looting our bank accounts, but few of us have seen documented proof of the fiscal disaster facing us.  

Get ready for the coming money grab.  Federal Reserve bank, as well as world bans are doing what they call “bail-ins” globally.  When these bank account thefts occur, Wall Street and the U.S. Gov’t will call them something to disguise what they really are: STEALING MONEY from your account and giving to the banksters.  That’s all it is.  If anyone calls it anything else — those are the people we should be arresting.

Most Americans will not know what is hitting them until it is too late.  Instead of taking a loan from the people to cover their bad bets, the corporatocracy thinks they can just take our money.

They’re right, but only if we let them.

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True to form, Deborah Tavarez (who has appeared on The Pete Santilli Show on several occassions) has published a bombshell report titled :  The Scheme to ROB the American Pension Funds . . . Law Firm says..FULL PDF HERE

Breaking News From StopTheCrime.net

The public by-in-large believes the illusion of a functioning Constitutional government and that perception is “completely” opposite of our reality. . More people are realizing the Untied States is run by mega corporations and bankers posing as a legitimate government, and they are not. We were ALL collateralized against the debt of the con-cocted U.S. Bankruptcy of 1933 – and classified as “the enemy of the state”. The robber barons have planned to steal it all . . . the goal is to leave the people without any property ownership including ALL the land which will go into a world land trust and all other assets including YOUR pension funds. The bankers do NOT want a sovereign state. The plan is a crisis by design . . First, the bankers we will loan you money to help you out; then, the bankers will take control of all resources – including us . . of a particular problem is people with pension funds who have some financial independence. The bankers do not want ANYONE to be independent. We are living in a corporate structure, USA, INC. a fraudulent system – read this information posted on the home page of www.StopTheCrime.net “The Great American Adventure – the Secrets of America” by Judge Dale. . .
A few excerpts from the above report – exact quotes:
Page 138
XIV. Conclusion
The definition of insanity is doing the same thing over and over again and expecting a different result
The pension underfunding crisis has reached a level of insanity – it is now time for a change, adult supervision and hard determination of what is affordable and what is not
The use of Public Pension Funding Authorities can provide a determination of the critical issues and a voluntary and, if necessary, mandatory mechanism of resolving pension underfunding as a permanent fix to pay annually affordable actuarially required contributions (payments) that do not compromise the ability to provide essential governmental services
State and Local Debt Financial Challenges — Past, Present & FutureThe Sovereign crisis must be addressed to avoid damaging the Financial Market and to “support the perception” that Sovereigns (including state and local governments in the U.S.A.) have the ability to manage their financial affairs and thereby avoid unfriendly credit markets going forward and inability to fund the governmental services their citizens expect
XI. Other Issues in Chapter 9
Priming of Bonded Debt by –! Necessary operating expenses
Priming of Unsecured Debt by –! Administrative claims
Duration of Chapter 9
Long enough to accomplish objectives. In complicated actual city or county filing, measured in years
XII. Treatment of Pension and OPEB Liabilities in Chapter 9 Proceedings
A.
A Chapter 9 proceeding deals with municipal debt adjustment and is and should be the absolute last resort for a municipality:
1. There have been only approximately 646 Chapter 9 proceedings since 1937 (362 between 1937-1972, 7 between 1973-1979, 273 between 1980-2012). The cases between 1937 and 1972 involved only $217 million of debt of which $140 million plus was repaid. Since 1937, 170 of the 645 cases closed without a plan of adjustment being confirmed
2. Generally, only small special purpose tax districts or smaller municipalities file as a last resort but there are exceptions, e.g., Orange County 1994, Bridgeport 1991, etc.
3. It should be a very dire situation that would be a predicate for a municipality␣s filing of a Chapter 9 to deal with pension obligations
Page 127 - 
In a Chapter 9, a labor contract can be modified or rejected based upon business judgment that, balancing the hardship of rejection or reduction in benefits, is outweighed by likelihood of “liquidation.” For municipality, liquidation is unlikely even though continued municipal operation may be threatened
Page 128 
XII. Treatment of Pension and OPEB Liabilities in Chapter 9 Proceedings
“No requirement on the municipality to supply sufficient information sharing with employees or unions” in order to reject or modify pension or OPEB. Section 1113 and 1114 of Bankruptcy Code are not part of Chapter 9 authorization
Accordingly, in Chapter 9, pension benefits and OPEBs receive no special treatment (unlike corporations in Chapter 11) and will be treated and adjusted just like other unsecured obligations
Special revenue bonds, interest payments on bonds (prepetition) and statutory liens in favor of bonds and notes shall all be paid prior to unsecured claims including pension benefits and OPEBs without any priority
Page 129
Workers and unions might make a constitutional challenge to a Bankruptcy Court’s authority to adjust pension benefits asserting that adjustment of pension benefits or OPEBs obligations is unconstitutional. While Sections 903 and 904 of the Bankruptcy Code reserve state power to control municipalities and the Bankruptcy Court has no authority over political or governmental powers of a municipality or its property, revenues or the use and the enjoyment thereof, the Bankruptcy Court in a Chapter 9 has the power to approve a Plan of Debt Adjustment that deals with all contractual obligations.

Unfunded Pension Obligations

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