Money Confiscation and Martial Law Unavoidable in US at this point

The wave of capital destruction which many have been warning about for the last few years, is now breaking like a tsunami – Poland, Ireland, Spain, Germany, and the rest of the Euro-zone are being inundated with failures and the overhang of immediate risk is effectively unsurvivable for the currency union, at this point.

The US is actually in just as acute and critical a fiscal and economic predicament – The “Federal Reserve” is out of functional options (save for outright confiscation) as Bloomberg reported in July 2010: delve deeper, and you will find that the IMF has effectively pronounced the U.S. bankrupt. Section 6 of the July 2010Selected Issues Paper says: “The U.S. fiscal gap associated with today’s federal fiscal policy is huge for plausible discount rates.” It adds that “closing the fiscal gap requires a permanent annual fiscal adjustment equal to about 14 percent of U.S. GDP.”

In addition to the intractable Federal fiscal profligacy, 44 out of our 50 states are functionally insolvent, as well as hundreds of municipalities and municipal sub-entities such as school districts and water districts on the verge of bankruptcy. In accordance with 10th Amendment law, however, US States *cannot* file bankruptcy in Federal Court, and there is no other legal precedent for administering such a restructuring of a state government - so any default of a state will, by definition, be "chaos at it's fastest and finest" as creditors jockey in the political sphere for satisfaction.

Interestingly, many states also restrict the ability of municipalities to file bankruptcy – only 12 States provide blanket authorization for a city to file Chapter 9, and yet a full 22 States prevent a municipal entity from filing Chapter 9 proceedings altogether.



With all of this unmanageable debt, and no way to administer and clear it in a lawful fashion through bankruptcy proceedings, the US, the States, and even lesser entities are now committed to confiscation of personal assets, and the imposition of martial Law which this will necessitate.

This is why FED.GOV is stocking up on bullets, armor, and survival supplies. They intend to confiscate you to death, but they suspect you may fight back.

Read the whole article here, including links to all source - [link to ncrenegade.com]

5*, the plans were laid, they were "dry-run" stress tested in the fall of 2013, now they've flipped the switch...no going back.

myRA will allow them to confiscate a good chunk of retirement savings from avg middle class Americans, but they will have to do more than just that...

But yet they have money to invade Syria. They have the money to pay freeloaders on welfare, food stamps and they pay more to young punks on Social Security Disability than they do the older people on regular social security.

They have the money to allow corporations to pay little to no tax. In fact they had the money to bail out Wall Street for no reason what-so-ever.

Then add in the money they have for Obama phones.

Then look at the cops. They have the newest cars loaded down with all sorts of high tech equipment. In most major cities and even in the suburbs they had the money to put cameras on all the red light intersections. Then consider the money they have to hand out lavish retirerment packages to even the lower level Government workers, way above private enterprise.

Fiat currency is not money.

It is 'labor-backed' account numbers in the form of commercial paper.

But keep calling it "money", you will keep being confused.
You will not understand where the value for this paper is coming from--> energy and labor.


Dolor/Dollar= pain.
Pain translates to labor.
A dollar amount = a labor amount.

They are devaluing the American Dollar...
They are devaluing American labor.

But yet they have money to invade Syria. They have the money to pay freeloaders on welfare, food stamps and they pay more to young punks on Social Security Disability than they do the older people on regular social security.

They have the money to allow corporations to pay little to no tax. In fact they had the money to bail out Wall Street for no reason what-so-ever.

Then add in the money they have for Obama phones.

Then look at the cops. They have the newest cars loaded down with all sorts of high tech equipment. In most major cities and even in the suburbs they had the money to put cameras on all the red light intersections. Then consider the money they have to hand out lavish retirerment packages to even the lower level Government workers, way above private enterprise.

confiscate what? the people is so feckin broke the only ones have a heap of money are the ruling class, you expect the elites to turn their own fortunes in?

:money:

You people are so fuckin stoooooooooopid. You act like TPTB need money/ Like a bank account like everyone else does.

TPTB create trillions or quadrillions at a whim and spend it as they see fit to reshape the world.

That is their real power. Their power is the mirage of the exclusive right to create credit because you let them have the mirage. Take it away and they have no power Toto.

confiscate what? the people is so feckin broke the only ones have a heap of money are the ruling class, you expect the elites to turn their own fortunes in?

:money:

But yet they have money to invade Syria. They have the money to pay freeloaders on welfare, food stamps and they pay more to young punks on Social Security Disability than they do the older people on regular social security.

They have the money to allow corporations to pay little to no tax. In fact they had the money to bail out Wall Street for no reason what-so-ever.

Then add in the money they have for Obama phones.

Then look at the cops. They have the newest cars loaded down with all sorts of high tech equipment. In most major cities and even in the suburbs they had the money to put cameras on all the red light intersections. Then consider the money they have to hand out lavish retirerment packages to even the lower level Government workers, way above private enterprise.

But yet they have money to invade Syria. They have the money to pay freeloaders on welfare, food stamps and they pay more to young punks on Social Security Disability than they do the older people on regular social security.

They have the money to allow corporations to pay little to no tax. In fact they had the money to bail out Wall Street for no reason what-so-ever.

Then add in the money they have for Obama phones.

Then look at the cops. They have the newest cars loaded down with all sorts of high tech equipment. In most major cities and even in the suburbs they had the money to put cameras on all the red light intersections. Then consider the money they have to hand out lavish retirerment packages to even the lower level Government workers, way above private enterprise.

The wave of capital destruction which many have been warning about for the last few years, is now breaking like a tsunami – Poland, Ireland, Spain, Germany, and the rest of the Euro-zone are being inundated with failures and the overhang of immediate risk is effectively unsurvivable for the currency union, at this point.

The US is actually in just as acute and critical a fiscal and economic predicament – The “Federal Reserve” is out of functional options (save for outright confiscation) as Bloomberg reported in July 2010: delve deeper, and you will find that the IMF has effectively pronounced the U.S. bankrupt. Section 6 of the July 2010Selected Issues Paper says: “The U.S. fiscal gap associated with today’s federal fiscal policy is huge for plausible discount rates.” It adds that “closing the fiscal gap requires a permanent annual fiscal adjustment equal to about 14 percent of U.S. GDP.”

In addition to the intractable Federal fiscal profligacy, 44 out of our 50 states are functionally insolvent, as well as hundreds of municipalities and municipal sub-entities such as school districts and water districts on the verge of bankruptcy. In accordance with 10th Amendment law, however, US States *cannot* file bankruptcy in Federal Court, and there is no other legal precedent for administering such a restructuring of a state government - so any default of a state will, by definition, be "chaos at it's fastest and finest" as creditors jockey in the political sphere for satisfaction.

Interestingly, many states also restrict the ability of municipalities to file bankruptcy – only 12 States provide blanket authorization for a city to file Chapter 9, and yet a full 22 States prevent a municipal entity from filing Chapter 9 proceedings altogether.


With all of this unmanageable debt, and no way to administer and clear it in a lawful fashion through bankruptcy proceedings, the US, the States, and even lesser entities are now committed to confiscation of personal assets, and the imposition of martial Law which this will necessitate.

This is why FED.GOV is stocking up on bullets, armor, and survival supplies. They intend to confiscate you to death, but they suspect you may fight back.

Read the whole article here, including links to all source - [link to ncrenegade.com]

The wave of capital destruction which many have been warning about for the last few years, is now breaking like a tsunami – Poland, Ireland, Spain, Germany, and the rest of the Euro-zone are being inundated with failures and the overhang of immediate risk is effectively unsurvivable for the currency union, at this point.

The US is actually in just as acute and critical a fiscal and economic predicament – The “Federal Reserve” is out of functional options (save for outright confiscation) as Bloomberg reported in July 2010: delve deeper, and you will find that the IMF has effectively pronounced the U.S. bankrupt. Section 6 of the July 2010Selected Issues Paper says: “The U.S. fiscal gap associated with today’s federal fiscal policy is huge for plausible discount rates.” It adds that “closing the fiscal gap requires a permanent annual fiscal adjustment equal to about 14 percent of U.S. GDP.”

In addition to the intractable Federal fiscal profligacy, 44 out of our 50 states are functionally insolvent, as well as hundreds of municipalities and municipal sub-entities such as school districts and water districts on the verge of bankruptcy. In accordance with 10th Amendment law, however, US States *cannot* file bankruptcy in Federal Court, and there is no other legal precedent for administering such a restructuring of a state government - so any default of a state will, by definition, be "chaos at it's fastest and finest" as creditors jockey in the political sphere for satisfaction.

Interestingly, many states also restrict the ability of municipalities to file bankruptcy – only 12 States provide blanket authorization for a city to file Chapter 9, and yet a full 22 States prevent a municipal entity from filing Chapter 9 proceedings altogether.


With all of this unmanageable debt, and no way to administer and clear it in a lawful fashion through bankruptcy proceedings, the US, the States, and even lesser entities are now committed to confiscation of personal assets, and the imposition of martial Law which this will necessitate.

This is why FED.GOV is stocking up on bullets, armor, and survival supplies. They intend to confiscate you to death, but they suspect you may fight back.

Read the whole article here, including links to all source - [link to ncrenegade.com]

I won't be surprised that instead of them giving you a tax refund (if you are supposed to get one) they instead offer to put it into a myRA. Or force you to put it in a myRA.

Yes, because there are people with lots of money and the Elite. From where do you think they got the money in Cypress bail-in? Not from the regular Joe who has $500-$1000 deposit in the bank.

.

Why do I get the impression that when a hardcore prepper
post's stuff like this they have a huge doom boner?
Almost like they want the world to collapse so they can say they were right.

There is no doubt that things are bad but you have to use common sense. It benefits EVERYONE to avoid a catastrophic collapse! TPTB are prepared for the worst but hoping for the best and will prop up our economy for many decades to come.

Everyone should be prepared to some extent but I promise you its not gonna happen like in the movies people .

That is an interesting thought.

However, the economy runs on money changing hands between individuals and businesses.

This creates what is referred to as the "velocity of money".

Taking money out of circulation creates the exact set of circumstances occurring now.

A stagnant moribund business environment.

Reducing the general population's "walking around money" or "WAM" as I like to call it; makes for a dysfunctional business environment.