How the New York Stock Exchange really works
David Kramer
LRC Blog
August 19, 2009
Richard Ney on the Role of the Specialist
“The story is told that after he had been deported to Italy, Lucky Luciano granted an interview in which he described a visit to the floor of the New York Stock Exchange. When the operations of floor specialists had been explained to him, he said, ‘A terrible thing happened. I realized I’d joined the wrong mob’” (1Ney, 8).
It was with these words that Richard Ney began his first of three books on the nature of the New York Stock Exchange. Ney wrote over 20 years ago, a time when a 750 Dow was high and today’s volumes were beyond imagining. Some of his material is dated, and must be read in the light in which it was written. But the main premise of his books is still true: that the specialist exists not to ensure the free and orderly trade of stock in a particular company, but to fatten upon the innocence and ignorance of The New York Stock Exchange is not an auction market (2Ney, 86), though many investors still hold onto that image. It is a rigged market. Volume is an effect of price. Prices are controlled absolutely by the specialists, the ‘market makers’ in individual stocks. It was this discovery that led Mr. Ney to eventually give us small investors a priceless gift: enlightenment.
“Studying the transactions in each stock, I became immediately conscious that, on too many occasion to be a coincidence, a stock would advance from its morning low and then, often during the afternoon, would show an up-tick of a half-point or more on a large block of anywhere from 1,500 to 5,000 or more shares. This transaction seemed to herald a transformation in what was taking place, for immediately thereafter the stock would begin to drop like Newton’s apple. Before I could find out what caused this, another question presented itself: What caused the same thing to happen at the low point in that stock’s decline? For it was also apparent that a block of stock of the same size often appeared on a down-tick of a half-point or more, after which the stock quickly rallied. Together these two facts seemed to give a stock’s pattern continuity. At the end of several days of investigation, I discovered that these transactions at the top and bottom of a stock’s price pattern were for the specialist’s own account. … Clod that I was, I had at last recognized that, although the study of human nature may not be fashionable among economists, it is never out of season” (2Ney, 9).
The specialist is part of a system. First, he is part of that rare fraternity of men who are all specialists in an exchange. It is a small private club, to whose membership one can only be born. The specialists of the Dow 30 exhibit the spirit of ‘all for one, and one for all’. If one of the 30 is having problems, the other 29 wait for him, before they move onto their next agreed upon campaign (2Ney, 172). The rest of the specialists take their lead from watching the Dow 30.
But the system is more extensive and more powerful than just the specialists. The specialists are the heart of the exchange. The exchange, in turn, has practical control of the major corporations, banks, insurance companies, and brokerage houses in this country. These, in turn, influence news reporting and the regulatory agencies.
ADVANTAGES OF BEING A SPECIALIST
The specialist has many advantages, many tools to use to pry dollars from unsuspecting investors and mutual funds. Chief among these advantages is his book. In his book he can see at a glance all the buy and sell orders from the public and the funds. His book tells him of potentially massive sales above and below his current price. This gives him a great advantage when he is trading on his own investment and omnibus accounts.
Because of his book, the specialist sees shifts in trends long before anyone else. This gives him a great advantage. The specialist will buy heavily at the bottom of a slide (at wholesale) then advance prices and sell, at heavy volume, at the peak of the rally (retail). He will then sell short and take prices down. The turning points of a rally will be marked by heavly volume in the Dow 30 (3Ney, 85-89).
When he desires he can even make large block trades without entering them into his book. In this way the public is never made aware of those trades. Should the specialist want to supply a buy or sell order from his own accounts, rather than from public orders on book, he can and will do so (1Ney, 156). Ney cites specific examples when his customers orders were ignored while the specialist completed orders for his own accounts.
When serving as the market maker, the broker’s broker, the specialist trades from his Trading Account, which is to be used to service the needs of the market. However, he also has Investment Accounts (plural). His Segregated Investment Accounts put him directly into competition with every other investor in his stock. The reason for he has segregated investment accounts is that they enable him to convert regular income into long-term capital gains (1Ney, 113).
In addition, he also trades on Omnibus accounts, taking orders from a friendly bank on behalf of friends, family, and himself (1Ney, 58). Although he is not allowed to be both long and short in his Trading account, he can take the opposite stance in his Investment or Omnibus accounts (3Ney, 130).
A Specialist will often not have any shares in his trading or omnibus accounts. If public demand for shares suddenly increases, the Specialist is more than happy to supply those shares to the public by short selling. This, of course, forces the Specialist to take the price down soon thereafter, so that he may cover his short sales at the lower price. Or, the Specialist may sell from his Investment Accounts, establishing a middle or long term high (1Ney, 61), and then take the price down. Whichever strategy he employs, a large public demand for stock ultimately drives the price of that stock down, not up.
Distribution of large amounts of stock can be done from the specialist’s trading account, usually as short sales. The trading account can then be covered by transferring stock from the long-term investment accounts into the trading account (1Ney, 64).
The existence of the specialist’s Investment and Omnibus Accounts is ultimately detrimental to the public. “In a stock with only a small capitalization or floating supply, the segregation of large blocks into long-term investment accounts for the specialist further decreases the supply of the stock available to the public” (1Ney, 61)
The specialist has absolute control over price. He can match the buys with the sells in any way he sees fit. He can raise the price of the stock 3 points in three trades, and open the next day down 5.
The seeming unpredictability of stock prices is due to the fact that prices exist at the whim of the specialist. A stock is only worth what the specialist is willing to pay for it at the moment. The fluctuations you see are, in fact, the evidence of how the specialist is working out his inventory problems to meet his short-term, intermediate-term, and long-term goals (2Ney, 172). The specialist will sometimes ‘leap frog’ his prices up or down, creating a gap. This is done to keep a group of investors from buying or selling at a particular price. ‘Leap Frogs’ show specialist intent.
Ney offers specific examples where specialists opened stocks considerably lower:
August 8, 1967 Chicago and Northwestern Railroad opened down 39 points.
October 21, 1968 one of the preferred stocks of TRW opened down 28 points.
February 4, 1970 Memorex opened down 29 1/2 points (1Ney, 15)
“With $8,000, you can buy $10,000 worth of stock, but with $8,000 in stock, any Stock Exchange member can buy $160,000 worth of stock for his own segregated investment account” (1Ney, 112).
Because most investors have margin accounts, and the margin account agreement allows their brokers to lend their shares, specialists have an unlimited number of shares to borrow and sell short (1Ney, 68).
Margin agreements also allow the broker to use their customer’s shares as collateral without the customer’s knowledge or permission. This practice is fraught with dangers. In November, 1963, the Ira Haupt brokerage firm (NYSE), which dealt in both stocks and commodities was caught unwittingly in a scheme by one of its commodities customers to leverage nonexistent salad oil. The failure wiped out the partners of the firm and left it owing some $37 million in debts. “To compound Haupt’s and the New York Stock Exchange’s problems, it was impossible to return the stock to customers because the stock (held by the brokerage firm for its customers) had been pledged to banks by Haupt” (1Ney, 122).
Margin accounts usually allow the broker to borrow any cash in the account to use for his own purposes at no interest, even to lend back to the customer for margin purchases, at interest (1Ney, 119).
At the bottom of a cycle of a stock, having panicked customers into selling, the brokers and specialist borrow the customers’ money to make their own long-term purchases; using their advantageous margin to acquire large amounts of stock. At the top of the cycle the process is reversed. Customers are paid back their money by the brokers and the specialist selling their shares to customers at a profit. The insiders even have extra cash to loan customers for margin purchases (1Ney, 136).
Another powerful tool for the specialist is the short sale. Though the specialist is responsible for 85 percent of the short selling done in a stock, the Exchanges are loathe to print any timely data on specialist short sales (2Ney, 94)(3Ney, 234). The specialist uses the short sale to control both downward and upward movements of stock (3Ney, 88).
The private investor or mutual fund can only sell short on an up- tick. The up-tick rules serves only to trap the public into selling short at the bottom, as the specialist drives the price down without a single up-tick for the public’s use (1Ney, 72). But the specialist need not even create an up-tick to sell short. The SEC has been careful not to publicize its rule 10a-1(d), in which sub-paragraphs (1) through (9) exempt the specialist from the up-tick rule (2Ney, 97)(3Ney, 126, 215).
The intertwining of interests runs even deeper when the relations of Wall Steet’s top Law firms are examined. For example, in 1974 the New York Stock Exchange’s legal counsel also represented Chase Manhattan Bank. Both entities, through their dummy corporations, were large stockholders in scores of major U.S. corporations (2Ney, 26).
THE EXCHANGE, THE SEC, THE FEDERAL RESERVE, AND THE WHITE HOUSE
“The bankers’ man, Senator Carter Glass, who steered the Federal Reserve Act through Congress in 1913, had maintained that the Federal Reserve banks would be merely ‘lenders of money.’ The only collateral they were to accept was notes that could be paid when, in the course of business, goods and services had been manufactured and distributed. However, almost from the day of its inception, the Federal Reserve System set about making loans on common stocks” (1Ney, 103).
Who sits on the Federal Reserve Board? … Chief officers of banks and corporations, all of whose companies are controlled by the Exchange (1Ney, 103-105).
Billions, perhaps trillions of dollars worth of stocks are now held by banks as collateral for loans. This too works to the advantage of the specialists. For, to protect their interests, banks will issue stop orders to sell the stock before it falls below a certain price. The specialist holds those stop orders in his book and therefore knows exactly where a large number of shares can be had, and at what price they can be purchased. One quick sweep down those ranges of prices will deliver to the specialist the inventory he desires for short and mid-term purposes (1Ney, 101).
On June 30, 1934 President Roosevelt appointed Joseph Kennedy to be the first Chairman of the SEC. Only 4 months before, Kennedy, along with Mason Day, Harry Sinclair, Elisha Walker, and others were found to be responsible for operating ‘pools’ that were actively manipulating stock. When these, “poolsters withdrew and the boom collapsed the administration denounced the men who operated them” (1Ney, 215). But what’s a little denouncement between friends?
The stock markets had been headed downhill since December of 1968. On May 26, 1969 a party was held at the Nixon White House. In attendance were John Mitchell, Maurice Stans, Peter Flannigan, thirty five guests from Wall Street, fourteen industrialists, seven bankers, five heads of mutual and pension funds, and two heads of insurance companies. The next day a bull rally began on Wall Street. May 27th saw the Dow Jones 30 average rise by 5 per cent in one day (2Ney, 71).
On April 17, 1971, President Nixon, who along with Attorney General Mitchell had been a Wall Street lawyer (Maurice Stans was a broker), appeared for photographs with friends from the New York Stock Exchange. Nixon recommended the public to invest in the market. By April 28th the market was in a steep decline. Nixon circulated, “to 1,300 editors, editorial writers, broadcast news directors, and Washington bureau chiefs a list of the stocks of ten corporations that had advanced during the past year” (2Ney, 32).
There is a revolving door between the exchange and Washington. SEC Chairmen ‘retire’ to go to work for the Exchanges or major brokerage houses at many times their government salaries (2Ney, 50-63). SEC Chairman Hamer Budge was found by Senator Proxmire’s investigation to be making frequent trips to Minneapolis to confer with officials of IDS. IDS was under investigation at the time by the SEC. After leaving the SEC, Budge took the position of Chairman of the Board with IDS (2Ney, 56).
NEWS AND FINANCIAL REPORTING
It is highly unlikely that we will see news reports critical of U.S. stock exchanges, or of the specialist system. There is a simple reason for this. All news organizations are corporations and do but reflect their management’s views. Corporations that own media have specialists influencing the choice of management. Newspapers, magazines, and television are but extensions of the corporate world.
When Richard Ney’s first book, The Wall Street Jungle, came out it was on the New York Times best seller list for 11 months. Yet the New York Times would not review it. The Wall Street Journal refused to take an ad from a New York bookstore that featured The Wall Street Jungle (2Ney, 30).
All three of the major networks were wary of having Ney appear. NBC banned only two people from appearing on the Tonight show with Johnny Carson: Ralph Nader and Richard Ney. Not only do large banks, brokerage firms, and corporations advertise on television, they also are the largest stock holders (2Ney, 33- 34).
SPECIALIST STRATEGY
The specialist should be thought of as a merchant with some rather unique inventory problems and opportunities. His goal, always, is to buy at wholesale prices and to sell at retail. This applies to his actions in the course of trading day as well as a year of trading.
At the bottom of a slide the specialist will buy heavily for his trading, investment, and omnibus accounts. His goal then becomes to raise the price of his stock with his wholesale inventory intact. In practice, though, he may have to sell shares to meet public demand. This will cause him, then, to lower the price to re-accumulate his inventory before he can proceed to higher levels.
A rally begins while the price of the average stock is still falling. “Major rallies begin and end with the unexpected,” (3Ney, 184).
To stimulate public demand for his stock, near the high the specialist will raise the angle of the rising prices dramatically for the stock. True to one of Ney’s axioms that prices beget volume, the public will rush into the market place at the rally high. The specialist can now sell his accumulated inventory to fill the increased demand. Heavy Dow 30 volume at the high is evidence of heavy short sales by the specialists (3Ney, 113).
When the specialist has sold all his inventory, and has sold short, he will then begin a downward slide of prices so necessary to his plans. Slides are a mirror of rallies. Near the bottom, the specialist will increase the angle of price decline, alarming investors, scaring them into selling their shares to the specialist who needs them to cover his short sales, and to build a new inventory at wholesale. The media will remain bullish, or cautiously optimistic throughout a slide, until the last two weeks, when they will turn suddenly bearish (3Ney, 158).
TIPS FROM RICHARD NEY:
Specialists in the most active stocks will require more time than their fellow specialists to move stocks up or down, or to cover at the top of a rally or the bottom of a slide (2Ney, 84-85).
Specialists may use a rally as a ’stalking horse’ for a later rally. Price is used like a geiger counter to locate volume (3Ney, 149).
During the typical bear market, or slide, the specialists will usually bring prices up on Fridays, to keep investors hopes alive (2Ney, 92).
Leaders of the rally in the Dow 30 will often act as ’screens’ for the price declines of the other 24 or 25 Dow stocks.
Each stock exhibits its own distinct pattern or rhythm of price behavior (2Ney, 189).
THINGS OF WHICH TO BE AWARE
How can you spot the nadir of each high and low? Ney says to look at volume very closely. In particular look at the volume of the individual Dow 30 Industrial stocks (2Ney, 171). Get to know these specialists’ habits. Follow what they do. Patterns of behavior will emerge.
Ney emphasized that a sense of timing was critical for survival in the market (2Ney, 149).
Ney was convinced that detecting Specialist short selling was a key. Specialist short selling at the peak of a rally should be detectable through increased volume.
Richard Ney used charts extensively. Ney was quick to point out that what is really being measured in his charts is not the behavior of the masses in the marketplace, but the techniques of the specialist in an individual stock as he maneuvers to solve short-term, intermediate-term, and long-term inventory problems (1NEY, 259).
Ney points to the gaps in prices that develop when a specialist is trying to ‘catch up’ with the market. These gaps, be they up or down, signal specialist intent (2Ney, 172).
“Investors assume that what happens in the economy or to the corporation in terms of earnings or sales determines the trend of stock prices. … The most misleading element in this type of analysis is that it ignores the basic needs and motivations of the specialist system” (2Ney, 150).
We, as consumers react to certain critical numbers. Specialists know this. Specialists use the 10’s (10, 20, 30, etc.) and 5’s (5, 15, 25, etc.) in their strategies. They will use these numbers to elicit heavier buying or selling from the public. Often too, though, they will avoid critical numbers to avoid buying or selling stock when they do not wish to do so (2Ney, 155-156 & 163).
NEY’S SMALL INVESTOR TRADING RECOMMENDATIONS (1Ney, 297-301)
1. Do not buy the acknowledged leader in a field. Buy the number 2 or 3 company. These companies are more likely to be subject to bull raids by the specialists (1Ney, 298).
2. “Nothing puzzles me more than an investor’s willingness to pay more than fifty dollars a share for stocks. Buy low priced stocks. It’s percentages you’re after and you’ll get them in these stocks in a bull market” (1Ney, 298).
3. Invest only in stocks listed on the NYSE.
4. Do not buy secondary offerings from your broker.
5. Buy only stocks whose prices have fallen at least 35 to 50 percent.
6. “The rule, ‘Cut your losses and let your profits ride,’ was invented by a broker” (1Ney, 298).
7. The average investor need not worry about tax brackets, so do not hesitate to sell at a profit. “A short-term gain is better than a long-term loss” (1Ney, 299).
8. Own your stock. Do not use margin.
9. Do not sell short.
10. Do not allow your stock to be borrowed (via a margin account; M.T.)
11. Credit balances should be immediately transferred to your bank.
12. Do not leave your stock with your broker in street name.
13. Invest only in growth oriented, not income, stocks.
14. 4 to 5 stocks in a portfolio is plenty.
15. Make arrangements with your bank to receive your stock.
16. If there has been a major advance from the summer lows, look for the public to begin selling 6 months hence.
17. Big block sales at the end of a run-up (usually marked by heavy volume) marks the imminent decline in price.
18. Look for bull raids in May, up from the April 15th tax low.
19. Never enter stop or limit orders.
20. If you are interested in a stock, learn its specialist’s habits.
21. Stocks that are ideal for bull raids are those that decline as close as possible to an angle of 45 degrees.
Works Cited:
1Ney, Richard. THE WALL STREET JUNGLE, fifth printing. New York: Grove Press, Inc., 1970.
2Ney, Richard. THE WALL STREET GANG, third printing. New York: Praeger Publishers, Inc., 1974.
3Ney, Richard. MAKING IT IN THE MARKET. New York: McGraw-Hill, 1975
[The source for this essay is here. I posted my version of the entire essay because I edited out comments that the author Michael Templain made that I disagreed with, i.e., I felt he didn't grasp fully what Ney had written. You can read the original essay for yourself in order to make up your own mind. If you decide to read the books, read them in chronological order. They are impossible to find in a library, and are very expensive to buy used.]
Sunday, July 11, 2010
This timeline will show how the sovereign US and its Constitution has been undermined by Globalist influences.
This timeline will show how the sovereign US and its Constitution has been undermined by Globalist influences.
1912 Globalist President Wilson elected(League of Nations)
1913 Multi-National Bank Cartel Takes Charge of US monetary System.
1913 16th Amendment to pay for the above.
1913 17th Amendment to more easily bribe Senators in Washington instead of in their states.
1916 False Flag sinking of the Lusitania to get the US involved in European banker war.
1917 Trading with the Enemy Act.
1933 Citizens Private Property: Gold Confiscated on behalf of the Fed.
1941 FDR allowed Pearl Harbor. Thereafter, US would always have a standing army. An instrument of globalist progressive interventionist tyranny.
1944 Bretton Woods the US dollar is prime global currency. 1945 United Nations 1950 Korea: US military operates under UN control.
1961 Bay of Pigs: CIA runs its own foreign policy at direction of the profiteers
1963 JFK offed for cutting out the FED and printing US Notes
1965 False Flag Gulf of Tonkin. Interventionist war for the bankers who funded both sides as usual.
1967 False Flag USS Liberty. Israel our ally, our friend.
1971 Nixon takes US off gold.
1971 Nixon controlled substances laws(Drug Prohibition)
Excuse for police state and property confiscation. Ruby Ridge Waco
Patriot Act 1st: Martial Law is declared by President Lincoln on April 24th, 1863, with General Orders No. 100; under martial law authority, Congress and President Lincoln institute continuous martial law by ordering the states (people) either conscribe troops and or provide money in support of the North or be recognized as enemies of the nation; this martial law Act of Congress is still in effect today. This martial law authority gives the President (with or without Congress) the dictatorial authority to do anything that can be done by government in accord with the Constitution of the United States of America. This conscription act remains in effect to this very day and is the foundation of Presidential Executive Orders authority; it was magnified in 1917 with The Trading with the Enemy Act (Public Law 65-91, 65th Congress, Session I, Chapters 105, 106, October 6, 1917). and again in 1933 with the Emergency War Powers Act, which is ratified and enhanced almost every year to this date by Congress. Today these Acts address the people of the United States themselves as their enemy. 2nd: The District of Columbia Organic Act of 1871 created a “municipal corporation” to govern the District of Columbia. Considering the fact that the municipal government itself was incorporated in 1808, an “Organic Act” (first Act) using the term “municipal corporation” in 1871 can only mean a private corporation owned by the municipality. Hereinafter we will call that private corporation, “Corp. U.S.” By consistent usage, Corp. U.S. trademarked the name, “United States Government” referring to themselves. The District of Columbia Organic Act of 1871 places Congress in control (like a corporate board) and gives the purpose of the act to form a governing body over the municipality; this allowed Congress to direct the business needs of the government under the existent martial law and provided them with corporate abilities they would not otherwise have. This was done under the constitutional authority for Congress to pass any law within the ten mile square of the District of Columbia. Follow this link to see the effect of the District of Columbia Act of 1871.
3rd: In said Act, Corp. U.S. adopted their own constitution (United States Constitution), which was identical to the national Constitution (Constitution of the United States of America) except that it was missing the national constitution’s 13th Amendment and the national constitution's 14th, 15th and 16th amendments are respectively numbered 13th, 14th and 15th amendments in the Corp. U.S. Constitution. At this point take special notice and remember this Corp. U.S. method of adopting their own Constitution, they will add to it in the same manner in 1913. 4th: Corp. U.S. began to generate debts via bonds etc., which came due in 1912, but they could not pay their debts so the 7 families that bought up the bonds demanded payment and Corp. U.S. could not pay. Said families settled the debt for the payments of all of Corp. U.S.' assets and for all of the assets of the Treasury of the United States of America. 5th: As 1913 began, Corp. U.S. had no funds to carry out the necessary business needs of the government so they went to said families and asked if they could borrow some money. The families said no (Corp. U.S. had already demonstrated that they would not repay their debts in full). The families had foreseen this situation and had the year before finalized the creation of a private corporation of the name "Federal Reserve Bank". Corp. U.S. formed a relationship with the Federal Reserve Bank whereby they could transact their business via note rather than with money. Notice that this relationship was one made between two private corporations and did not involve government; that is where most people error in understanding the Federal Reserve Bank system—again it has no government relation at all. The private contracts that set the whole system up even recognize that if anything therein proposed is found illegal or impossible to perform it is excluded from the agreements and the remaining elements remain in full force and effect. 6th: Almost simultaneously with the last fact (also in 1913), Corp. U.S. adopts (as if ratified) their own 16th amendment. Tax protesters challenge the IRS tax collection system based on this fact, however when we remember that Corp. U.S. originally created their constitution by simply drafting it and adopting it; there is no difference between that adoption and this—such is the nature of corporate enactments—when the corporate board (Congress) tells the secretary to enter the amendment as ratified (even thought the States had not ratified it) the Se3cretary was instructed that the Representatives word alone was sufficient for ratification. You must also note, this amendment has nothing to do with our nation, with our people or with our national Constitution, which already had its own 16th amendment. The Supreme Court (in BRUSHABER v. UNION PACIFIC R. CO., 240 U.S. 1 (1916)) ruled the 16th amendment did nothing that was not already done other than to make plain and clear the right of the United States (Corp. U.S.) to tax corporations and government employees. We agree, considering that they were created under the authority of Corp. U.S. 7th: Next (also 1913) Corp. U.S., through Congress, adopts (as if ratified) its 17th amendment. This amendment is not only not ratified, it is not constitutional; the nation's Constitution forbids Congress from even discussing the matter of where Senators are elected, which is the subject matter of this amendment; therefore they cannot pass such and Act and then of their own volition, order it entered as ratified. According to the United States Supreme Court, for Congress to propose such an amendment they would first have to pass an amendment that gave them the authority to discuss the matter. 8th: Accordingly, in 1914, the Freshman class and all Senators that successfully ran for reelection in 1913 by popular vote were seated in Corp. U.S. Senate capacity only; their respective seats from their States remained vacant because neither the State Senates nor the State Governors appointed new Senators to replace them as is still required by the national Constitution for placement of a national Senator. 9th: In 1916, President Wilson is reelected by the Electoral College but their election is required to be confirmed by the constitutionally set Senate; where the new Corp. U.S. only Senators were allowed to participate in the Electoral College vote confirmation the only authority that could possibly have been used for electoral confirmation was corporate only. Therefore, President Wilson was not confirmed into office for his second term as President of the United States of America and was only seated in the Corp. U.S. Presidential capacity. Therefore the original jurisdiction government's seats were vacated because the people didn't seat any original jurisdiction government officers. It is important to note here that President Wilson retained his capacity as Commander in Chief of the military. Many people wonder about this fact imagining that such a capacity is bound to the President of the nation; however, When John Adams was President he assigned George Washington to the capacity of Commander in Chief of the military in preparation for an impending war with France. During this period, Mr. Adams became quite concerned because Mr. Washington became quite ill and passed on his acting military authority through his lead General Mr. Hamilton and Mr. Adams was concerned that if war did break out Mr. Hamilton would use that authority to create a military dictatorship of the nation. Mr. Adams averted the war through diplomacy and the title of Commander in Chief was returned to him. (See: John Adams, by David McCullough, this book covers Mr. Adams concerns over this matter quite well. Mr. Adams was a fascinating man.) 10th: In 1917, Corp. U.S. enters W.W. I and passes their Trading with the Enemies Act. 11th: In 1933, Corp. U.S. is bankrupt, they force a banking holiday to exchange money backed Federal Reserve Notes with “legal tender” Federal Reserve Notes the Trading with the Enemies Act is adjusted to recognize the people of the United States as enemies of Corp. U.S. 12th: Some time after 1935, you ask Social Security Administration for a relationship with their program. With the express purpose of generating Beneficiary funds to United States General Trust Fund (GTF) the Social Security Administration creates an entity with a name (that sounds like your name but is spelled with all capital letters) and an account number (Social Security number). They give you the Social Security card and let you know that the card does not belong to you but you are to hold it for them until they want it back. If you are willing to accept that responsibility over the card you activate the card by signing it, which gives you the ability to act as the fiduciary for the cards actual owner Corp. U.S. and you can use the card’s name and number to thus transact business relations for the card’s actual owner. You are also to note that though the card verifies its agency (you as the single person with authority to control the entity so created) it is not for use as identification. On review: notice the Social Security Administration was the creator of the entity, they offered you the opportunity to serve its Trustee capacity (by lending it actual consciousness and physical capacity), they gave you something (the card) that does not belong to you to hold in trust and they reserved the actual owner of the thing (Corp. U.S.) as the beneficiary of the entity—by definition, this only describes the creation and existence of a Trust. More importantly: the name they gave this Trust is not your name, the number they gave the Trust is not your number and your lending actual consciousness and physical capacity to this Trust’s Trustee capacity does not limit you or your capacity to separately act in your natural sovereign capacity in any way—what you do, when you do it and how you do it is still totally up to you. 13th: In 1944, under the Bretton Woods Agreement, Corp. U.S. is quit claimed to the International Monetary Fund, and becomes a foreign controlled private corporation
14th: In 1968, at the National Governor's Conference in Lexington, Kentucky, the IMF leaders of the event proposed the dilemma the State governors were in for carrying out their business dealings in Federal Reserve Notes (foreign notes), which is forbidden in the national and State constitutions, alleging that if they did not do something to protect themselves the people would discover what had been done with their money and would likely to kill them all and start over. They suggested the States form corporations like Corp. U.S. and showed the advantages of the resultant uniform codes that could be created, which would allow better and more powerful control over the people, which thing the original jurisdiction governments of this nation had no capacity to do. Our Constitutions secure that the governments do not govern the people rather they govern themselves in accord with the limits of Law. The people govern themselves. Such is the foundational nature of our Constitutional Republic. 15th: By 1971, every State government in the union of States had formed such private corporations (Corp. State), in accord with the IMF admonition, and the people ceased to seat original jurisdiction government officials in their State government seats.
1773 - May - Britain renewed Townshend A ct duty on tea (about to expire) and also allowed the British East India Tea Company to sell direct to the American publi c without any middleman (and without any middleman markup) thus angering Boston's merchants and triggering the Boston Tea Party.
1773 - December 16 - Boston Tea Party. That evening, thirty disguised as Mohawk Indians dumped 342 chests of British tea into Boston Harbor.
In 1774. Kin~ George III and British Parliament retaliated by passing the Coercive ACb ', called by the colonists the IntolerableAm.
1774 - September 4 - The first Continental COnh'TCSS assembled in Philadelphia 1775 - April 18 - Start of the Revolutionary War ~
1776 - May 1 Order ofthe Illuminati (a secret society of wealthy intellectuals) founded in Bavaria by 01'". Adam \VeishauJ!!, a Professor of Canon Law at Ingolstadt Univer-s ity. The Illuminati and the freemasons collaborated for a while, and then later split ranks. After the headquarters of the Illuminati were raided by the Bavarian government, the Illuminati operated under the guise of the League of the Just. From the beginning. the Illuminati's R!:!!J>Ose was to overthrow the Pope, all govenunents, as well as all the kings of Europe. 178 1 - First national bank of United States (Bank of North America) formed by act of the Continental Congress who also owned and contro lled it instead of it being privately controlled.
1789 - Constitution of the United State ratified
1791 - Assumption Act of 1791 allowed a newly chartered Bank of the United States (o r more commonly today. the First Bank of America) to assume private control of State chartered banks.
1792 - The Coinage Act, which has never been revoked, defines a dollar as a unit of measure in either gold or silver. Federal Reserve Notes are not "dollars" even though it' s stated on its face .
A 1969 court case in Minnesota said: "These Federal Reserve Notes are not lawful money within the contemplation o f the Constitutio n of the United States and are null and void. Further, the Notes on their face are not redeemable in Gold or Silver Coin nor is there a fund set aside anywhere for the redemption of said notes."
1832 - Pres ident Andrew Jackson vetoed renewal of the charter for the Second Bank of the United States. Two subsequent assassination attempts on hi s life proved unsuccessful.
1871 - The Federal Government formed itself into a D.C. Corporation and adopted itself under the U.S. Constitution.
1873 - Financial panic
1884 - Financial panic
1893 - Financial panic
1907 - Financial panic provoked by J.P. Morgan to bring about tot al change and private control of the central banks and the monetary system.
1910 - Basic plan for the Federal Reserve Act drafted at a secret meeting held at the private resort of J.P. Morgan on Jekyll Island off the coast of Georgia. The seven men who attended represented an estimated one-fourth of the total wealth of the world. They were: 1. Nelson JJ: A ldrich. Republican "whip" in the Senate. Chairman of the National Monetary Commission, Father-in-law to John D. Rockefeller Jr.; 2 . Henry P. Davidson. Sr. Partner of J.P. Morgan Company, 3 . Charles D. Norton , Pres. Of I" National Banlc ofNew York; 4. Pian A ndrew. Assistant Secretary of the Treasury; 5. Frank A. Vanderlip. President of the National City Bank of New York, representing Williar Rockefeller; 6. Benjamin Strong, head of J.P. Morgan's Bankers Trust Company , later to become head of th system; 7 . Paul AI. Warburg, a partner in Kuhn, Loeb & Company. representing the Rothschilds an Warburgs in Europe.
1913 - April 8 - 11" Amendment ratified allowing power reserved to the States to be passed into the hands of a new fonn of Federalism. placing the State of the Union in the position of mere supervised Uni ts of such government. This act set the stage for the complete change by the Federal government from a constitutionally guaranteed Republican fonn to a Democracy and set the stage for the hostile corporate takeover of the U.S. monetary sys tem and to place control of it in private hands.
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1913 - December 22 & 23 - Federal Reserve A ct creating Federal Reserve (private Corporation and NOT a Federal agency) Central Banks signed into law by Woodrow Wilson. to which years later quoted ••. ..1 have unwittingly ruined my country." 1915 - May 7 - Th e U.S.S. Lusitania, an ocean liner with American passengers onboard, sunk by a German U-boat commanded by Captain Walther Schwieger. off the coast of Ireland in the Engli sh Channel. Just before. the Lusitania, reportedly carrying over 6 million rounds of ammunition owned by J.P. Morgan Company. stopped its traditional zigzag sailing pattern and cut its speed in half to await an escort vessel, the H.M.S. Juno, which was to lead it to port. Unbeknownst to the Lusitania, and for reasons. which have never been satisfactorily explained. the First Lord of the Admiralty, Winston Churchill, ordered the Juno to return to the port of Queenstown while the Lusitania sat alone and unprotected in the English Channel wai ting for its arrival. One torpedo was fired and within 18 minutes 1,198 passengers incl uding 128 Americans perished. It is speculated Churchill deliberately placed the Lusitania in danger in order to spark an incident to draw American entry into the war. 1917 - April 16 - United States officially declared war on the Axis powers
1919 - June 28 - League ofNations signed without United States participation until more than twenty years later when this was repackaged as the United Nations.
1920 - Financial Panic engineered by the Fed proving it could manipulate economies of nations at will without war.
1921 - Shcppart-Towner Maternity Act (known as the "Matern ity Act") created the birth "registration" or what we now know as the " Birth Cer tificate".
1921 - July 29 - Counsel on Foreign Relations (CFR) formed because of United States ' refusal to join the League of Nations fo llowing World War I. An outgrowth of a secret British society formed by Cecil Rhodes and backed by Rockefeller and Carnegie Foundation money, the CFR's agenda envi sioned nothing less than world dominati on and the establishment of a modern fcudalist society controlled by themselves through the world 's central banks.
1930 - Breton Woods Agreement in which sixteen nations declared bankruptcy. The Geneva Con vention Treaty declared that International Bankruptcy treaties were superior to all federal law, and the United States Constitution.
1933 - March 9 - The United States wen t "Ba nkr upt" and was declared so by President Roosevelt (Rosenfelt) by Executive Orders #6073 , 6102, 61 11 and 6260. See: Senate Report 93-549, pages 187 & 594. The Bankruptcy was codified at 12 U.S.C.A. 95a.
1938 - Federal United States joined the International Criminal Police Commission (INTERPOL), designating the U.S. Attorney General as the official representative to the organi zation. The Secretary of the Treasury designated by the U.S. Attorney General as the representative to INTERPOL in 1958. Representatives to INTERPOL must, pursuant Article 30 to the "Constitution and General Regulation of Interpol (22 U.S.c. § 263 (a)), " renounce their allegiance to their respective countries and expatriate. The World Bank is the agent for the 1944 - July - Breton Wood Monetary Conference, at the Washington Hotel in Breton Woods, New Hampshire, which through the guidance of Harry Dexter White, Assistant Secretary to the U.S. Treasury later known as a member of a Communist espionage ring, and John Maynard Keynes, a well known Fabian Socialist from England, created the Il\IFI\Vorid Bank whose main role was the elimination of the gold-exchange standard as the basis of currency valuation and the establ ishment of world socialism. White became the first Executive Director for the United States at the IMF. Over 100 more nations declared bankruptcy. 1946 - Administrative Procedures Act 1973 - Trilateral Commis..sion created by David Rockefell er to coordinate North America (United States, Mexico, Canada), Japan and Western Europe into a New World Order under slogans such as free trade and environmental protection until a full-blown regional government emerges from the process. The so-called trade treat ies within the European Union (EU), the North American Free Trade Agreement (~A FTA), the Asia-Pacific Economic Cooperation Agreement (APEe), and the General Agreement on Tariffs and Trade (GATT) have little to do with free trade. 1980 - UN/DO Treaty No. 9719 ratified by the Senate which makes the U.S. Constitution subservient to the U.N. World Constitution. Of the remaining historical events of our time.. . you have lived through. experienced and witnessed! The question is... Were you awake?
1912 Globalist President Wilson elected(League of Nations)
1913 Multi-National Bank Cartel Takes Charge of US monetary System.
1913 16th Amendment to pay for the above.
1913 17th Amendment to more easily bribe Senators in Washington instead of in their states.
1916 False Flag sinking of the Lusitania to get the US involved in European banker war.
1917 Trading with the Enemy Act.
1933 Citizens Private Property: Gold Confiscated on behalf of the Fed.
1941 FDR allowed Pearl Harbor. Thereafter, US would always have a standing army. An instrument of globalist progressive interventionist tyranny.
1944 Bretton Woods the US dollar is prime global currency. 1945 United Nations 1950 Korea: US military operates under UN control.
1961 Bay of Pigs: CIA runs its own foreign policy at direction of the profiteers
1963 JFK offed for cutting out the FED and printing US Notes
1965 False Flag Gulf of Tonkin. Interventionist war for the bankers who funded both sides as usual.
1967 False Flag USS Liberty. Israel our ally, our friend.
1971 Nixon takes US off gold.
1971 Nixon controlled substances laws(Drug Prohibition)
Excuse for police state and property confiscation. Ruby Ridge Waco
Patriot Act 1st: Martial Law is declared by President Lincoln on April 24th, 1863, with General Orders No. 100; under martial law authority, Congress and President Lincoln institute continuous martial law by ordering the states (people) either conscribe troops and or provide money in support of the North or be recognized as enemies of the nation; this martial law Act of Congress is still in effect today. This martial law authority gives the President (with or without Congress) the dictatorial authority to do anything that can be done by government in accord with the Constitution of the United States of America. This conscription act remains in effect to this very day and is the foundation of Presidential Executive Orders authority; it was magnified in 1917 with The Trading with the Enemy Act (Public Law 65-91, 65th Congress, Session I, Chapters 105, 106, October 6, 1917). and again in 1933 with the Emergency War Powers Act, which is ratified and enhanced almost every year to this date by Congress. Today these Acts address the people of the United States themselves as their enemy. 2nd: The District of Columbia Organic Act of 1871 created a “municipal corporation” to govern the District of Columbia. Considering the fact that the municipal government itself was incorporated in 1808, an “Organic Act” (first Act) using the term “municipal corporation” in 1871 can only mean a private corporation owned by the municipality. Hereinafter we will call that private corporation, “Corp. U.S.” By consistent usage, Corp. U.S. trademarked the name, “United States Government” referring to themselves. The District of Columbia Organic Act of 1871 places Congress in control (like a corporate board) and gives the purpose of the act to form a governing body over the municipality; this allowed Congress to direct the business needs of the government under the existent martial law and provided them with corporate abilities they would not otherwise have. This was done under the constitutional authority for Congress to pass any law within the ten mile square of the District of Columbia. Follow this link to see the effect of the District of Columbia Act of 1871.
3rd: In said Act, Corp. U.S. adopted their own constitution (United States Constitution), which was identical to the national Constitution (Constitution of the United States of America) except that it was missing the national constitution’s 13th Amendment and the national constitution's 14th, 15th and 16th amendments are respectively numbered 13th, 14th and 15th amendments in the Corp. U.S. Constitution. At this point take special notice and remember this Corp. U.S. method of adopting their own Constitution, they will add to it in the same manner in 1913. 4th: Corp. U.S. began to generate debts via bonds etc., which came due in 1912, but they could not pay their debts so the 7 families that bought up the bonds demanded payment and Corp. U.S. could not pay. Said families settled the debt for the payments of all of Corp. U.S.' assets and for all of the assets of the Treasury of the United States of America. 5th: As 1913 began, Corp. U.S. had no funds to carry out the necessary business needs of the government so they went to said families and asked if they could borrow some money. The families said no (Corp. U.S. had already demonstrated that they would not repay their debts in full). The families had foreseen this situation and had the year before finalized the creation of a private corporation of the name "Federal Reserve Bank". Corp. U.S. formed a relationship with the Federal Reserve Bank whereby they could transact their business via note rather than with money. Notice that this relationship was one made between two private corporations and did not involve government; that is where most people error in understanding the Federal Reserve Bank system—again it has no government relation at all. The private contracts that set the whole system up even recognize that if anything therein proposed is found illegal or impossible to perform it is excluded from the agreements and the remaining elements remain in full force and effect. 6th: Almost simultaneously with the last fact (also in 1913), Corp. U.S. adopts (as if ratified) their own 16th amendment. Tax protesters challenge the IRS tax collection system based on this fact, however when we remember that Corp. U.S. originally created their constitution by simply drafting it and adopting it; there is no difference between that adoption and this—such is the nature of corporate enactments—when the corporate board (Congress) tells the secretary to enter the amendment as ratified (even thought the States had not ratified it) the Se3cretary was instructed that the Representatives word alone was sufficient for ratification. You must also note, this amendment has nothing to do with our nation, with our people or with our national Constitution, which already had its own 16th amendment. The Supreme Court (in BRUSHABER v. UNION PACIFIC R. CO., 240 U.S. 1 (1916)) ruled the 16th amendment did nothing that was not already done other than to make plain and clear the right of the United States (Corp. U.S.) to tax corporations and government employees. We agree, considering that they were created under the authority of Corp. U.S. 7th: Next (also 1913) Corp. U.S., through Congress, adopts (as if ratified) its 17th amendment. This amendment is not only not ratified, it is not constitutional; the nation's Constitution forbids Congress from even discussing the matter of where Senators are elected, which is the subject matter of this amendment; therefore they cannot pass such and Act and then of their own volition, order it entered as ratified. According to the United States Supreme Court, for Congress to propose such an amendment they would first have to pass an amendment that gave them the authority to discuss the matter. 8th: Accordingly, in 1914, the Freshman class and all Senators that successfully ran for reelection in 1913 by popular vote were seated in Corp. U.S. Senate capacity only; their respective seats from their States remained vacant because neither the State Senates nor the State Governors appointed new Senators to replace them as is still required by the national Constitution for placement of a national Senator. 9th: In 1916, President Wilson is reelected by the Electoral College but their election is required to be confirmed by the constitutionally set Senate; where the new Corp. U.S. only Senators were allowed to participate in the Electoral College vote confirmation the only authority that could possibly have been used for electoral confirmation was corporate only. Therefore, President Wilson was not confirmed into office for his second term as President of the United States of America and was only seated in the Corp. U.S. Presidential capacity. Therefore the original jurisdiction government's seats were vacated because the people didn't seat any original jurisdiction government officers. It is important to note here that President Wilson retained his capacity as Commander in Chief of the military. Many people wonder about this fact imagining that such a capacity is bound to the President of the nation; however, When John Adams was President he assigned George Washington to the capacity of Commander in Chief of the military in preparation for an impending war with France. During this period, Mr. Adams became quite concerned because Mr. Washington became quite ill and passed on his acting military authority through his lead General Mr. Hamilton and Mr. Adams was concerned that if war did break out Mr. Hamilton would use that authority to create a military dictatorship of the nation. Mr. Adams averted the war through diplomacy and the title of Commander in Chief was returned to him. (See: John Adams, by David McCullough, this book covers Mr. Adams concerns over this matter quite well. Mr. Adams was a fascinating man.) 10th: In 1917, Corp. U.S. enters W.W. I and passes their Trading with the Enemies Act. 11th: In 1933, Corp. U.S. is bankrupt, they force a banking holiday to exchange money backed Federal Reserve Notes with “legal tender” Federal Reserve Notes the Trading with the Enemies Act is adjusted to recognize the people of the United States as enemies of Corp. U.S. 12th: Some time after 1935, you ask Social Security Administration for a relationship with their program. With the express purpose of generating Beneficiary funds to United States General Trust Fund (GTF) the Social Security Administration creates an entity with a name (that sounds like your name but is spelled with all capital letters) and an account number (Social Security number). They give you the Social Security card and let you know that the card does not belong to you but you are to hold it for them until they want it back. If you are willing to accept that responsibility over the card you activate the card by signing it, which gives you the ability to act as the fiduciary for the cards actual owner Corp. U.S. and you can use the card’s name and number to thus transact business relations for the card’s actual owner. You are also to note that though the card verifies its agency (you as the single person with authority to control the entity so created) it is not for use as identification. On review: notice the Social Security Administration was the creator of the entity, they offered you the opportunity to serve its Trustee capacity (by lending it actual consciousness and physical capacity), they gave you something (the card) that does not belong to you to hold in trust and they reserved the actual owner of the thing (Corp. U.S.) as the beneficiary of the entity—by definition, this only describes the creation and existence of a Trust. More importantly: the name they gave this Trust is not your name, the number they gave the Trust is not your number and your lending actual consciousness and physical capacity to this Trust’s Trustee capacity does not limit you or your capacity to separately act in your natural sovereign capacity in any way—what you do, when you do it and how you do it is still totally up to you. 13th: In 1944, under the Bretton Woods Agreement, Corp. U.S. is quit claimed to the International Monetary Fund, and becomes a foreign controlled private corporation
14th: In 1968, at the National Governor's Conference in Lexington, Kentucky, the IMF leaders of the event proposed the dilemma the State governors were in for carrying out their business dealings in Federal Reserve Notes (foreign notes), which is forbidden in the national and State constitutions, alleging that if they did not do something to protect themselves the people would discover what had been done with their money and would likely to kill them all and start over. They suggested the States form corporations like Corp. U.S. and showed the advantages of the resultant uniform codes that could be created, which would allow better and more powerful control over the people, which thing the original jurisdiction governments of this nation had no capacity to do. Our Constitutions secure that the governments do not govern the people rather they govern themselves in accord with the limits of Law. The people govern themselves. Such is the foundational nature of our Constitutional Republic. 15th: By 1971, every State government in the union of States had formed such private corporations (Corp. State), in accord with the IMF admonition, and the people ceased to seat original jurisdiction government officials in their State government seats.
1773 - May - Britain renewed Townshend A ct duty on tea (about to expire) and also allowed the British East India Tea Company to sell direct to the American publi c without any middleman (and without any middleman markup) thus angering Boston's merchants and triggering the Boston Tea Party.
1773 - December 16 - Boston Tea Party. That evening, thirty disguised as Mohawk Indians dumped 342 chests of British tea into Boston Harbor.
In 1774. Kin~ George III and British Parliament retaliated by passing the Coercive ACb ', called by the colonists the IntolerableAm.
1774 - September 4 - The first Continental COnh'TCSS assembled in Philadelphia 1775 - April 18 - Start of the Revolutionary War ~
1776 - May 1 Order ofthe Illuminati (a secret society of wealthy intellectuals) founded in Bavaria by 01'". Adam \VeishauJ!!, a Professor of Canon Law at Ingolstadt Univer-s ity. The Illuminati and the freemasons collaborated for a while, and then later split ranks. After the headquarters of the Illuminati were raided by the Bavarian government, the Illuminati operated under the guise of the League of the Just. From the beginning. the Illuminati's R!:!!J>Ose was to overthrow the Pope, all govenunents, as well as all the kings of Europe. 178 1 - First national bank of United States (Bank of North America) formed by act of the Continental Congress who also owned and contro lled it instead of it being privately controlled.
1789 - Constitution of the United State ratified
1791 - Assumption Act of 1791 allowed a newly chartered Bank of the United States (o r more commonly today. the First Bank of America) to assume private control of State chartered banks.
1792 - The Coinage Act, which has never been revoked, defines a dollar as a unit of measure in either gold or silver. Federal Reserve Notes are not "dollars" even though it' s stated on its face .
A 1969 court case in Minnesota said: "These Federal Reserve Notes are not lawful money within the contemplation o f the Constitutio n of the United States and are null and void. Further, the Notes on their face are not redeemable in Gold or Silver Coin nor is there a fund set aside anywhere for the redemption of said notes."
1832 - Pres ident Andrew Jackson vetoed renewal of the charter for the Second Bank of the United States. Two subsequent assassination attempts on hi s life proved unsuccessful.
1871 - The Federal Government formed itself into a D.C. Corporation and adopted itself under the U.S. Constitution.
1873 - Financial panic
1884 - Financial panic
1893 - Financial panic
1907 - Financial panic provoked by J.P. Morgan to bring about tot al change and private control of the central banks and the monetary system.
1910 - Basic plan for the Federal Reserve Act drafted at a secret meeting held at the private resort of J.P. Morgan on Jekyll Island off the coast of Georgia. The seven men who attended represented an estimated one-fourth of the total wealth of the world. They were: 1. Nelson JJ: A ldrich. Republican "whip" in the Senate. Chairman of the National Monetary Commission, Father-in-law to John D. Rockefeller Jr.; 2 . Henry P. Davidson. Sr. Partner of J.P. Morgan Company, 3 . Charles D. Norton , Pres. Of I" National Banlc ofNew York; 4. Pian A ndrew. Assistant Secretary of the Treasury; 5. Frank A. Vanderlip. President of the National City Bank of New York, representing Williar Rockefeller; 6. Benjamin Strong, head of J.P. Morgan's Bankers Trust Company , later to become head of th system; 7 . Paul AI. Warburg, a partner in Kuhn, Loeb & Company. representing the Rothschilds an Warburgs in Europe.
1913 - April 8 - 11" Amendment ratified allowing power reserved to the States to be passed into the hands of a new fonn of Federalism. placing the State of the Union in the position of mere supervised Uni ts of such government. This act set the stage for the complete change by the Federal government from a constitutionally guaranteed Republican fonn to a Democracy and set the stage for the hostile corporate takeover of the U.S. monetary sys tem and to place control of it in private hands.
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1913 - December 22 & 23 - Federal Reserve A ct creating Federal Reserve (private Corporation and NOT a Federal agency) Central Banks signed into law by Woodrow Wilson. to which years later quoted ••. ..1 have unwittingly ruined my country." 1915 - May 7 - Th e U.S.S. Lusitania, an ocean liner with American passengers onboard, sunk by a German U-boat commanded by Captain Walther Schwieger. off the coast of Ireland in the Engli sh Channel. Just before. the Lusitania, reportedly carrying over 6 million rounds of ammunition owned by J.P. Morgan Company. stopped its traditional zigzag sailing pattern and cut its speed in half to await an escort vessel, the H.M.S. Juno, which was to lead it to port. Unbeknownst to the Lusitania, and for reasons. which have never been satisfactorily explained. the First Lord of the Admiralty, Winston Churchill, ordered the Juno to return to the port of Queenstown while the Lusitania sat alone and unprotected in the English Channel wai ting for its arrival. One torpedo was fired and within 18 minutes 1,198 passengers incl uding 128 Americans perished. It is speculated Churchill deliberately placed the Lusitania in danger in order to spark an incident to draw American entry into the war. 1917 - April 16 - United States officially declared war on the Axis powers
1919 - June 28 - League ofNations signed without United States participation until more than twenty years later when this was repackaged as the United Nations.
1920 - Financial Panic engineered by the Fed proving it could manipulate economies of nations at will without war.
1921 - Shcppart-Towner Maternity Act (known as the "Matern ity Act") created the birth "registration" or what we now know as the " Birth Cer tificate".
1921 - July 29 - Counsel on Foreign Relations (CFR) formed because of United States ' refusal to join the League of Nations fo llowing World War I. An outgrowth of a secret British society formed by Cecil Rhodes and backed by Rockefeller and Carnegie Foundation money, the CFR's agenda envi sioned nothing less than world dominati on and the establishment of a modern fcudalist society controlled by themselves through the world 's central banks.
1930 - Breton Woods Agreement in which sixteen nations declared bankruptcy. The Geneva Con vention Treaty declared that International Bankruptcy treaties were superior to all federal law, and the United States Constitution.
1933 - March 9 - The United States wen t "Ba nkr upt" and was declared so by President Roosevelt (Rosenfelt) by Executive Orders #6073 , 6102, 61 11 and 6260. See: Senate Report 93-549, pages 187 & 594. The Bankruptcy was codified at 12 U.S.C.A. 95a.
1938 - Federal United States joined the International Criminal Police Commission (INTERPOL), designating the U.S. Attorney General as the official representative to the organi zation. The Secretary of the Treasury designated by the U.S. Attorney General as the representative to INTERPOL in 1958. Representatives to INTERPOL must, pursuant Article 30 to the "Constitution and General Regulation of Interpol (22 U.S.c. § 263 (a)), " renounce their allegiance to their respective countries and expatriate. The World Bank is the agent for the 1944 - July - Breton Wood Monetary Conference, at the Washington Hotel in Breton Woods, New Hampshire, which through the guidance of Harry Dexter White, Assistant Secretary to the U.S. Treasury later known as a member of a Communist espionage ring, and John Maynard Keynes, a well known Fabian Socialist from England, created the Il\IFI\Vorid Bank whose main role was the elimination of the gold-exchange standard as the basis of currency valuation and the establ ishment of world socialism. White became the first Executive Director for the United States at the IMF. Over 100 more nations declared bankruptcy. 1946 - Administrative Procedures Act 1973 - Trilateral Commis..sion created by David Rockefell er to coordinate North America (United States, Mexico, Canada), Japan and Western Europe into a New World Order under slogans such as free trade and environmental protection until a full-blown regional government emerges from the process. The so-called trade treat ies within the European Union (EU), the North American Free Trade Agreement (~A FTA), the Asia-Pacific Economic Cooperation Agreement (APEe), and the General Agreement on Tariffs and Trade (GATT) have little to do with free trade. 1980 - UN/DO Treaty No. 9719 ratified by the Senate which makes the U.S. Constitution subservient to the U.N. World Constitution. Of the remaining historical events of our time.. . you have lived through. experienced and witnessed! The question is... Were you awake?
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