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US Bankruptcy of 1933

In 1933, the US declared bankruptcy and confiscated all gold from citizens, making the US government the owner of all property and making citizens debtors. This allowed the government to offer credit to banks instead of money to citizens, placing citizens in debt.

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Qiydar The King
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172 views1 page

US Bankruptcy of 1933

In 1933, the US declared bankruptcy and confiscated all gold from citizens, making the US government the owner of all property and making citizens debtors. This allowed the government to offer credit to banks instead of money to citizens, placing citizens in debt.

Uploaded by

Qiydar The King
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as PDF, TXT or read online on Scribd
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8/1/22, 11:24 AM US Bankruptcy of 1933

Background- 1933 The Bankruptcy of the UNITED STATES

1933 was a year of MAJOR events in America. During this year constitutional money
(gold) became outlawed and effectively all property in America become mortgaged and
held (in Trust) for the Federal Reserve bank as collateral for the nation debt. All of this
was done without the full knowledge or consent of the American people. This was the
year that the Government instituted the creation of the ALL CAPITAL letter strawman
names (via the newly required Birth certificates) for American citizens thus creating a
whole new class of "Persons" as debtor slaves.

On June 5th, 1933 the UNITED STATES congress passed House Joint Resolution 192
which served as a declaration of bankruptcy. Congress declared in HJR 192 that demanding payments in Gold
(constitutional money) or in any particular form would now be against public policy. At the same time President
Roosevelt issued executive order 6102 forbidding the hoarding of gold coins, gold bullion and certificates. With this
executive order Roosevelt ordered that most of the gold in circulation be turned in to Federal Reserve Banks
across the nation under the threat of fines and 10 years imprisonment.

What the leaders at the time failed to disclose was, that with the confiscation of all gold (money) and property, that
made all Americans (Spelled in Proper case) CREDITORS to the U.S. bankruptcy. Because of the passage of HJR
192 it was now illegal for Americans to pay for anything. Gold was traded for Federal Reserve notes of
indebtedness which made paying for anything impossible as notes of debt do not pay for anything but delay the
payment until a later date. What the government offered instead of gold was CREDIT, but they offered it to the
banks, not the people.

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