China Buys-Up America’s Local Bond Markets, Launching Financial Takeover at Last Local Vestige of US Value – China Now Owns America

China Blows-Up America’s Last Bubble, Launching Attack at Last Local Vestige of US Value in an Orchestrated Global Inflation and Hostile Takeover

China Still Investing/Lending/Buying Local US Municipal Markets – The Last Bubble Inflation On the Local Land, Water, Transportation, Energy and Infrastructure Markets For the Stated Goal Total Foreign Debt Receivership to the IMF, World Bank and China.

New Foreign Ownership of Local Water, Food, Energy, Mining by Private Offshore Multi-National Financiers instead of the Locally Constituted Re-Public Domain and an End to Local and International American Sovereignty.

The Local Municipal Bond Market and the 2008 Mortgage Market Parallel

Nerves Rattled in our Nation’s huge and supposedly stable local bond markets. With a Crippled Epistemology in Economics as always seen as safe (like the belief that real estate would always go up), America’s $2.8 trillion municipal-bond market was rocked in the crisis of 2008. It regained its facade, however, and has rallied strongly in the past two years with Foreign Investments but is still 2 trillion in the red for pensions and health care liabilities alone. Now a sudden jump in yields has renewed fears that the main source of finance for America’s 50 states and thousands of towns and cities is ripe for Hostile Foreign TakeOver and a general default Requiring handing Ownership of the Local Public Domains and Community Trusts of America over the Chinese and other Foreign Debt Holders and Financial Elite Investors.

Despite this Bernanke Lies and says that the local “bond markets seem to be doing okay…?”

Ben Bernanke: “The state and local governments have some long term fiscal issues relating primarily both to pensions of state employees but also to health care promises which in most cases are almost entirely unfunded. So, those are long term obligations that could be as much as… collectively as much as two trillion dollars for all the sates together, in the long term.  Those are long run obligations that don’t come in…the near term…so these are some very serious long term pressures.

Now In terms of the municipal bond market its..it currently seems to be functioning reasonably well. Liquidity is…fine. Issuance has actually been very high, including issuance for capital projects. So we are not seeing extraordinary stress in the municipal markets. Which suggest Investors (or US DEBT HOLDERS) still are reasonably confident that there won’t be default among major borrows.

And the reason they might believe that is that most states have rules which put debt repayment and issuance repayments at a very high priority a…above many other obligations of the state and locality. Bottom line the municipal markets and the bond markets seem to be doing okay.”

Bernanke is stating that because of draconian state enforced federal fusioned collection measures the states can guarantee bond loan payoffs to China by Taxation, Criminal Charges against Citizenry for Late/non Payment, all before fixing the streets and with Minimize State Regulated Health Care and Eliminated Geriatric EOL Surgery

All This from Bernanke after Obama Slammed by Unilateral Fed Move, China Launches Warning Missile Off Coast of Los Angeles

As Reported on mondaq.com On July 21, 2010, President Obama signed the Dodd-Frank Wall Street Reform and Consumer Protection Act (the “Act”). The complete text of the law is available here.

The Act addresses a broad range of financial regulatory topics in an effort to address the Executive Branches Identified causes of the current economic crisis.

The following are some of the provisions that Allow Federal Government to Implement International Regulation and Global Financial Receivership of the Local United States municipal bond industry Debt:

• Office of Municipal Securities – The Act creates an Office of Municipal Securities within the Securities and Exchange Commission (“SEC”) to administer the rules related to municipal securities brokers, dealers, issuers, and advisors.
• Municipal Securities Rulemaking Board – The Act broadens the authority of the Municipal Securities Rulemaking Board so it can better assist the SEC and the Financial Industry Regulatory Authority with regulation and enforcement.
• Credit Rating Agencies – The Act creates an Office of Credit Ratings within the SEC and imposes several new rules affecting rating agencies, including rules regarding independent representation on boards, conflicts of interest, disclosure of credit ratings, and filing requirements designed to minimize false, misleading, or insufficient information.
• Swaps and Derivatives – Although the exemptions contained in the Commodity Exchange Act for state and local obligations should continue to apply to state and local municipal swaps, the Act includes new reporting requirements for derivatives and swap transactions that will also apply to municipal swaps.
• Exemptions for Municipal Securities – The Act exempts municipal securities from the prohibitions on bank propriety trading (by insured institutions) and exempts municipal securities dealers (and any other entity required to be registered under the Securities Exchange Act of 1934) from the jurisdiction of the newly created Bureau of Consumer Financial Protection.

-sovereignthink

Power of Ideas – Ron Paul to Lead Central Bank Panel – Nationalizes the Fed and Then What

Power of Ideas – Ron Paul to Lead Central Bank Panel – Nationalize the Fed and Then What 

End the Fed – The Power of Ideas – Ron Paul to Lead Central Bank Panel

Okay Mr. Paul, The Power of Ideas Nationalize the Fed and Then What?

• Nationalize the Federal Reserve Bank
• Bring the Debt Free GreenBack Back and Then…

We Either Go Global (IMF, SDR) or Go Local…

We must Go Local.  We must Go Michigan, Go Kentucky, Go Missouri, Go Oregon, Go Illinois, etc,

Support Local.

Demand Local.

Re-Public Locally.

Support Your Own Local Authority.

States Bank Commodities Act

Demand State Owned Banks and State Commodity Depositories

Ron Paul, New Head of Congressional Federal Bank Oversight Committee

 “It’s Not Like I’m a Power Person.

My Ideas are powerful but I’m not a powerful person.

There’s a committee chairman and there’s a speaker of the house. I’m realistic and I know what that means but I also know the strength of Ideas and the Power of Ideas and that’s what will prevail.

So it wasn’t my Political Power that prevailed last year to get 320 co-sponsors of auditing the Fed. It was the power of the Ideas.

And That’s what they ought to worrying about, Because we are going to be talking about Ideas and the Fallacy of the Fed and Paper Money.”

-sovereignthink

END THE FED – Support The States Bank Commodities Act and Bring GreenBacks Back!

Dollar Dead as World Reserve Currency, USA is Bankrupt and Greenspan Admits It Was All a Scam & Fraud, We are asked to make a choice and either Go Global and Submit to a New SDR Currency Under a Bigger Foreign Federal Reserve Bank or Do We Go Local Get Our Houses in Order and Hold the Criminals Accountable?

With the Dollar Dead… What’s After the Fed? Bring the GreenBack Back, Demand State Owned Commodity Banks!

END THE FED – Support The States Bank Commodities Act and Bring GreenBacks Back!

Dollar Dead as World Reserve Currency, USA is Bankrupt and Greenspan Admits It Was All a Scam & Fraud, We are asked to make a choice and either Go Global and Submit to a New SDR Currency Under a Bigger Foreign Federal Reserve Bank or Do We Go Local Get Our Houses in Order and Hold the Criminals Accountable? 

Go Local – End the Fed – Demand the State Bank Initiative

November 5-6, 2010, Jekyll Island Club Hotel, Jekyll Island, King Georgia

Full Presentation 1:24:43

Alan Greenspan: ‘There are two fundamental reforms that we need; that is to get adequate capital and two to get far high levels of enforcement of fraud statues. Existing ones I’m not even talking about new ones.

Things were being done which were certainly illegal and clearly criminal in certain cases.  In which, I mean Fraud, Fraud is a Fact, Fraud Creates very considerable instability in competitive markets.”

State Banks

Tax dollars, collected within each State, would be deposited into each Individual State’s Bank.

That account could offer a 100% deposit backed accounts that could be drawn against for the operation of the State and Payment of Federal Taxes Due.

State Commodity Depositories

In Each State Commodity Depositories could be created, whereby the common commodity(ies) of the state could be purchased and deposited into an account at the state bank for a 1-4 year deposit 5%, 5-8 year deposit 10% state tax credit deduction in addition to any gains that the State Commodity makes. (3%-5% Standard Savings Account)

During this time the Bank would have 100% Commodity Back Accounts to Build Permanent Infrastructure (first; local commodity exchange, refining, processing, production, etc) with Local Corporate Charters to Reclaim and Rebuild the Local Value in the Community Trust and Public Domain.

This would inspire Thrift, Savings and Investment in the State and Pride in the State Commodity’s Craft, Research, Innovation, Production and Value. (it is what we do here, it is our savings and our future)

The New State Commodity Notes with 100% Sound Commodity backing would make up for any additional liquidity needed in exchange markets and actual growth within all of the States.

States would be able to closely regulate in bank charters and local operations that; loans are for permanent local infrastructure, truly help small business, local entrepreneurs, Counties and Main Street or additionally with other similar State Bank and Local Corporate Charters of the Community Trust.

It would allow the States to retain the investment and inspire production by protecting and retaining the wealth of the Public Domain under the State Bank to the Benefit of the Private Domain and Individuals of the State, where and by whom it was Created, Originates and Where it Rightfully Belongs.

For Federal Tax Accounts the State would have a New Powerful Shield and Authority to Enact Interpositionary Powers Via the Local Legislature, by Public Vote, Amendment, etc. to Retain Federal Funds within the State, for UnFunded Mandates or if the State Wished to Opt-Out of Poorly Run Federal Programs and Manage them within the State, TSA Security for a State run ‘tsa’ option, or State-Local Run Education, Water, Agriculture, Medicine, Roads, Power, Wildlife, etc.).

This would take the Rulership over the Valuing of our Lives from Afar and make it Local. It would make it ours, we could visit Our Bank, We could Investigate and ‘Check the Probate’, we could have a Redress of Grievances and we could have control Over the Management, the Profits, the Enduring Gains. We could Secure the Actual Value of Our efforts and keep that value safe, for our Children’s Children, Close to Home in Our Homes of Every State where We work so had to Pursue and Build Enduring Happiness.

The US DOLLAR DEBT NOTE of the Federal Reserve would be dissolved and the Greenback would Indeed be back. 

US Dollars would be ‘drafted’ as bank notes based on the full faith and credit just as they are today, except they would be debt free and would be drafted by Congress, as it says in the Constitution, Instead of a Private Corporation with Impunity and Immunity.

The New Freed US Dollar Greenback’s Interest rates could be set at 5-10 year modest bases 1.5%-2% and that should be all that is needed in Federal Growth.

Every State is Over Run

This is a Peaceful, Needed, Action

In Taking Our States Back from the

Mind-Googlingly Corrupt and Fraudulent Scam of the

Planned Economy, One Party Federalists System and

Interstate/Global Corporate Interests

 

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Remove The Private Bank that gets the Interest and Lien of Value on Everything that is Traded in Its Debt Notes, The Federal Reserve US Dollar.

Demand a State Bank in Your State Now and Until You Have One.

-sovereignthink

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Web of Debt by Ellen Hodgson Brown

Read My Lips – The Federal Reserve will not monetize the debt!

The Bankers or US – It’s Openly Admitted, It’s Fraud, It’s a Scam and It Can Never Be Repaid

The New Civil War – Who Gets the Power to Measure Everything

Remove the Lien on the UnaLienable Human Lives Under this Fraudulent Controlled Economy Machine

$500 Dollar Silver – Idaho Silver State Bank ACT

http://www.Thedailybell.com/1727/Peter-Schiff-A-Mockery-of-a-Sham.html