I earlier commented: ‘The situation is this: the entire world suffers from the Americans’ inability or unwillingness to put their house in order.’
Well. I decided to explain a little more.
It is a fact that the U.S. Federal government was dissolved by the Emergency Banking Act, on the 9th March 1933 (48 Stat. 1, Public law 89-719.) by F.D. Roosevelt.
This of course means that the U.S. Federal government exists in name only.
“My investigation convinced me that during the last quarter of a century the average production of gold has been falling off considerably. The gold mines of the world are practically exhausted. There is only about $11,000,000,000 in gold in the world, with the United States owning a little more than four billions. We have more than $100,000,000,000 in debts payable in gold of the present weight and fineness. . . As a practical proposition these contracts cannot be collected in gold for the obvious reason that the gold supply of the entire world is not sufficient to make payment.” – Congressional Record, Congressman Dies, March 15, 1933.
The interesting thing is who accepted this bankruptcy? Simply put it is the International Bankers; the Federal Reserve is a privately owned bank. Now, why would the U.S.F.G. go to a privately owned bank and ‘loan’ money (with interest attached [it's worth noting that this 'money' is created out of thin air. Literally.]) when, in fact, this money can be created by the government itself – interest free?
When the Cape Republic is formed it is my belief that we should not allow bankers to control our monetary system. The former U.S.F.G. gave the rights to the production of money to a third party, which is why they are where they are today. Bankrupt.
To add insult to injury, the leaders at that time – even today – have failed even to inform the American public (or anyone else for that matter) of this bankruptcy.
One hopes (and prays) that this does not happen to our small but great nation.