Russia moves to Ban U.S. Dollar

http://www.moneynews.com/Economy/DegtyarevRussia-ban-dollar/2013/11/14/id/536638

Russian lawmaker submits proposal to ban the U.S. Dollar. This lawmaker refers to the U.S.  Dollar as a “ponzi” scheme. The History of Ponzi schemes starts with a man named Charles Ponzi. A ponzi scheme is an fraudulent investment operation, in which the investors are being paid returns by their own money, or the money paid by subsequent investors.

http://en.wikipedia.org/wiki/Ponzi_scheme

The operators of these ponzi schemes almost always convince new investors to invest by proposing higher returns than other investments, in the form of short term returns. The system or ponzi requires new investors, and a steady stream of them in order to maintain the level of the higher returns that make you think its almost too good, and the constant returns too. This was not invented by Charles Ponzi, but it was mastered by him. The Ponzi scheme operated by Charles Ponzi in the 1920′s had been so massive on the profit that it made it’s imprint on American History, and it better identifies what the U.S. Dollar, and the Federal Reserve actually enable.

Ponzi’s scheme was based on the “arbitrage of international supply coupons and postage stamps, however once he was making a profit, he took from the investors money, and paid earlier investors and himself on the returns, even though the investors never actually made anything. Think of us as the investors. This Ponzi scheme was manipulated and crafted many times, and one such time is the printing of the U.S. Dollar. First things first, the dollar you carry is not currency. It is merely a promissory note. The statement “this note is legal tender for all debts both public and private” is not the same as the statement “give to the bearer upon demand”. The dollar is never in existence prior to it being spent. Think of it like borrowing money, but your borrowing money from the loan shark.You have to pay a certain amount, just to pay on the interest.The money you borrow is borrowed into existence, then the money you borrow is sold to another loan shark, and so on, while at the same time paying this debt back in I OWE YOU’s, and these I OWE YOU’s are being accepted as currency.

The loan shark lends you the dough with interest. Every dollar that Russia holds has debt attached to it. The debt gets picked up and carried by the DEBTOR, and it is the DEBTOR who accepts the debt as legal tender, rather than an I OWE YOU. The last one holding the dollar loses.

http://www.sec.gov/answers/ponzi.htm

Another “ponzi” scheme was the one Bernie Madoff ran. http://www.huffingtonpost.com/aaron-zelinsky/dont-let-madoff-cop-a-ple_b_172743.html There are many many more, but understand that the biggest one is the dollar you have in your pocket or the bank.

The Russian law maker Mikhail Degtyarev has predicted that the U.S. Dollar has until 2017 before it actually and finally collapses. I personally think that 2017 is being generous considering who is driving the bus. It appears Russia is only one of a long list of foreign countries who would love to ditch the dollar. Iran has always been opposed to this ponzi scheme of the U.S. Dollar, as well has Syria, China, Russia, and other foreign countries that the POTUS is repeatedly pushing our allies backs against the wall, in an effort to start the next war, WWIII.

http://en.wikipedia.org/wiki/Federal_Reserve_Act

The Federal Reserve Act (ch. 6, 38 Stat. 251, enacted December 23, 1913, 12 U.S.C. ch. 3) is an Act of Congress that created and set up the Federal Reserve System, the central banking system of the United States of America, and granted it the legal authority to issue Federal Reserve Notes (now commonly known as the U.S. Dollar) and Federal Reserve Bank Notes as legal tender. The Act was signed into law by President Woodrow Wilson.

Prior to the Federal Reserve being signed into law on Dec 23, 1913, the U.S. had gone nearly 80 years without a Central Bank after the Charter for the Second Bank of the United States had been allowed to expire. Some of this is documented in the National Monetary Commission which was borne through the Aldrich-Vreeland Act. This was the birth of The Federal Reserve.

The Plan called for the establishment of a National Reserve Association with 15 regional district branches and 46 geographically dispersed directors primarily from the banking profession. The Reserve Association would make emergency loans to member banks, print money, and act as the fiscal agent for the U.S. government. State and nationally chartered banks would have the option of subscribing to specified stock in their local association branch. It is generally believed that the outline of the Plan had been formulated in a secret meeting on Jekyll Island in November 1910, which Aldrich and other well connected financiers attended.

The Aldrich proposal gave the private bankers control over the system. This was for obvious reasons met with opposition from rural areas and the West, because they feared it would give too much financial control over them, and too much influence from the Money Trust Financiers in New York City. In the election of 1912 Democrats won control of the White House and both Congressional bodies, they campaigned that they were against this central banking idea, but the action taken was for a systematic revision of the system introduced by Aldrich. Remember at the time Aldrich introduced this piece of legislation, gold was the actual currency. It was held in banks, and the paper we held was exchanged for its same value in gold. The Aldrich plan and those that came after it diverted the exchange of paper for gold, into paper for paper.

The legislative procedure was altered from the original Aldrich plan, and transferred the new currency away from the obligation of private banks, and gave it to the U.S. Treasury, in addition to the currency now being called Federal Reserve Notes. This bill was called the Glass-Owens bill. This bill also put the controlling interest role into a public entity, where as the Aldrich plan gave controlling interest to a group of private bankers with a minimal public controlling presence. The other difference was the controlling interest or eventually known as the Federal Reserve Board was able to establish their own levels of autonamaly and discount rates.

http://www.federalreserveeducation.org/about-the-fed/history/

http://www.federalreserve.gov/aboutthefed/section13.htm

The ponzi scheme called the Federal Reserve Note, and the U.S. Dollar only complicates even further as America’s history unravels. The U.S. has before been broke, and unable to pay its obligations. This is the reason why the Birth Certificate and Social Security Act’s were implemented. The application for a Social Security Card, and a Birth Certificate are used as collateral, or to promote the ponzi scheme. The fact that the Federal Reserve calls itself a “public entity” means a (corporation of the people). This is a people funded operation, and the only way it can be people funded is through taxation. When foreign bankers approached then President Franklin Delano Roosevelt and questioned what he intended to do about this issue, then President Roosevelt signed a bill that would change the monetary system into something so very complex, that this article would not begin to make sense of it all. The bottom line, is the bill Roosevelt signed complicated things, as it promised that every man woman and child once they reached the age of maturity, or legal age of 18 they would work and pay into the tax system to repay the Government’s debts.

Richard Millhouse Nixon furthered the complexity and complicity of this ponzi scheme by forcing the rest of the world to participate. The World Reserve Currency is the U.S. Dollar. The economies that have been established that have been propped up by the ponzi scheme called the U.S. Dollar would be basically forced to establish their economies on our dollar, so that the ponzi scheme never has to come to an end. If the whole world depends on the dollar to operate, and the world does. The rest of the world has to purchase its petroleum in U.S. Dollars. There are a few countries that do not, but they are also countries that are not affiliated with the Trade Commissions that the U.S. partakes in.

Barack Obama in 1995 that eventually led to the Housing Bubble in 2008 sued Citi Bank for not giving home loans to low income Americans. Barack Obama sued Citi Bank on the premise of Discrimination, because when one applied for a bank loan for a home, prior to the lawsuit in 1995 an individual was required to provide proof of income. Barack Obama sued claiming that proof of income was discrimination, there by blackmailing the banks into giving borrowers home loans based on a statement, and no documented proof of income. To make matters worse, the banks had what they called derivitaves, in which the process allowed the bank to borrow the money to lend you, and sell the loan they lent you, but never collecting on the loan they sold, only putting an I OWE YOU on the books as money recieved as opposed to placing it under the money owed column. The moeny was counted as recieved, and for years no one noticed. The good news is, if you borrowed moeny on your home and never provided proof of income, it is almost a guarantee you will not lose your home. Also, because the original debt that you borrowed has been sold, and turned over so many times without actually having ever been collected, there is no record of the debt you requested, and the bank claiming your house belongs to them will likely not have the original debt note. The thing to remember is to ask where is the note?

The banks fund both sides of wars too, because they make money. The banks even make money off the deaths of those who are no longer with us. This ponzi scheme is being dumped across the world. Especially amongst the countries we were once allied with. This is probably not a positive thing when considering who owns most of our debt. We have been selling our debt to foreign countries for quite some time, and because the changes in 1933, we are not eligible to be placed on the auctioning block, because we are the labours. The only other logical option would be the land of our nation. Even if it is not on the auction block, the law of the world indicates the land the U.S. has established would be up for the taking. It is called Eminent Domain.

The way to avoid this, is to annull the Federal Government, as a result of the countries outside of our borders are moving towards destabilizing our economy, and the responsibility of those who have destabilized it would fall on those legislators in Washington D.C.. This is call for a Constitutional Convention of 38 states, and declare ourselves severed from the Federal Government in Washington D.C., and also to annull those LEGISLATIVE STATUTES that reach beyond the Constitution of our founding. By annulling the Federal Government, we must also establish the debt they have accumulated to be outside of our responsibility, as we throw out the debt on the finding that the debt was created fraudulently, and to criminally charge those that enforced legislation that accommodated this conniving behavior.

It is time for a Constitutional Convention of the states within this union Previously the United States of America, to unite as individual sovereign states, and abolish this tyrannical fraudulent criminal operation called the Government.