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Will You Survive The Coming Financial Crash 22
© 2005 Kent Daniel Bentkowski
more information on this matter, and I have provided the EO numbers to help facilitate
such an investigation. The Federal Reserve banking swindle bankrupted our prosperous
nation in a mere twenty-years, since its' inception in 1913 as an unconstitutional private
central-bank.
In 1966, way before he became Chairman of the Federal Reserve Board, Alan Greenspan
made the following startling admission about gold:
"In the absence of the gold standard, there is no way to protect savings from confiscation
through inflation. There is no safe store of value. If there were, the government would
have to make its holding illegal, as was done in the case of gold . . . the financial policy of
the welfare state requires that there be no way for the owners of wealth to protect
themselves. This is the shabby secret of the welfare statists' tirades against gold. Deficit
spending is simply a scheme for the confiscation of wealth."
On March 17, 1993, the incredibly brave U.S. Congressman named James Traficant read a
short three-page statement in open Congress on the United States bankruptcy. Of course,
this did not sit very well with those who pull the strings of the political puppets, and
Congressman Traficant was soon indicted for ethics violations in the halls of Congress, and
was sent to prison to serve an eight-year sentence for corruption. Based on some of the
most horrendous stories that one hears about these people, this was selective
prosecution. What made the matter bitterly ironic, was the fact that it was because
Traficant had deeply held ethics and morals, that he read the statement, which included
the following shocking revelation:
"Since the federal United States didn't have any assets, they assigned the private
property of their economic slaves, the U.S. citizens, as collateral against the unpayable
federal debt. They also pledged the unincorporated federal territories, national park
forests, birth certificates, and non-profit organizations as collateral against the federal
debt."
--- Representative James Traficant (D-Ohio)
United States Congressional Record
Vol. 33, pgs. H-1302 and H-1303
March 17, 1993
What Congressman Traficant really did was break protocol and speak of the U.S.
bankruptcy in open Congress. I am assuming that he did this to create a permanent
record of the speech through its' publication in the Congressional Record. How much is the
United States in the red? How much in debt are those who have run this country into the
ground? The numbers are so high that they are virtually unpayable, and all that remains
is the unfolding of the scenario that will find their World Bank, International Monetary
Fund, and Federal Reserve creditors coming around to collect on this debt.
The current U.S. budget deficit is $7.6 trillion dollars, and long ago, the federal
government simply stopped paying everything but the interest on this debt, which is $400
million dollars per day! To go hand in hand with the bad news is an out of control trade
deficit, which itself has soared to $667 billion dollars, with $162 billion of this going to
China, a figure that represents 24% of the trade deficit. The trade deficit with China is on
such an upward trajectory, that just in 2004, the Chinese imports to the USA grew by
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