April 30, 2017

RESCIND THE FED – AN ACT OF RESCISSION: Big Banks Shrinking Lending To Deepen Recession – “Don’t just End The Fed, Rescind The Fed”

Rescission – (LAW) The act of rescinding; the cancellation of a contract and the return of the parties to the positions they would have had if the contract had not been made; “recission may be brought about by decree or by mutual consent”

The abrogation of a contract, effective from its inception, thereby restoring the parties to the positions they would have occupied if no contract had ever been formed.

The True Democracy Party doesn’t just want to “End The Fed”, we want to “Rescind” them.

An Act Of Rescission:

The TDP has our eyes on the $16 Trillion Dollars the Fed has given away over the past 8 to 10 years.
We want that money back. Every cent.

And any additional billions or trillions they give away to foreign banks or to “Too Big To Fail” US banks.

THIS IS OUR GREATEST TOOL, THEIR WORST NIGHTMARE!

What would we do with money? SHELVE IT!

We would cancel it out and Print New Debt Free US Treasury Notes, as needed.

The banks will cry foul, but you must understand one thing. For every dollar we have given them, they have created nine dollars out of thin air. If we gave them $10 trillion dollars, they turned around and made up $90 trillion out of nothing.

Yes, believe it or not, this is how the Fed works.

So whatever money we take back from them, they have already made up nine times that amount, out of thin air.

We will take this money out of circulation, and thereby strengthen the remaining money in circulation.

Since the Federal Reserve was created, the US Dollar has lost 96% of it’s value. The very thing that the Fed was supposedly created to prevent. They have been a complete and utter failure at the job they said they would do, and we want our money back, period.

Of course the Fed will say: “There are no US Laws that we have to follow. We can’t be charged with breaking any US Laws.
We can’t be Charged with breaking our own laws and rules. We have total immunity from ALL LAWS.”

This is actually correct. They paid off Congress to make them immune from all US Laws. But laws can be changed.

A True Democracy Controlled Congress would Repeal or Rescind any Federal Reserve Immunity Laws within 30 days. And the following day, we would start Rescission Proceedings.

We would also Repeal or Rescind the Patriot Act, which by default, would automatically cancel out The Dept. of Homeland Security, and a multitude of other heinous, expensive anti-liberty, anti-freedom laws, regulations and security departments, that are based upon it. But that’s another story.

Whatever we need, to do whatever we want, this is the immediate seed money to get started. Converted into debt-free treasury notes first though.

This is a law and practice that is constantly being used against citizen’s. Especially in the Healthcare insurance industry.
If they fail to weed you out in the screening process and fail to find any thing to stop you from having much needed medical care, they have one more trick.

-Rescission: Rescission Department’s, re examine all your records. And if they find anything, no matter how small, that “they” think is a little fraud, they pull all the money paid to hospitals and doctors, and force the new patients and doctors to fight each other in court for payment.

“What’s good for the Goose, is good for the Gander.”

We can also recover up to $4 trillion per year if corporations pay; They’re fair share of Taxes, and for minerals taken off Public lands and not paid for. Gold and platinum come to mind.

And we have a couple other Ideas that will bring in $100 Billion or more.


Ron Paul: Rescind America’s Fictitious $1.6 Trillion Debt to the Federal Reserve

Transcript

Lori Rothman (Fox News): And hello everybody. Welcome. I’m Lori Rothman, sitting in tonight for David Asman. Stocks are tumbling today. Wall Street may be waking up to the idea that a deal to raise the debt ceiling (especially one with tax hikes) is exactly the last thing a huge majority of Americans want right now. The fact that Americans don’t want a deal is hanging over the White House talks like a giant elephant. A recent CBS News poll finds that just 24% of Americans support lifting the debt limit, but 69% say the debt ceiling should not be raised. Americans are aware of the consequences, too. Fully, 72% believe it is at least somewhat likely the economy will take a severe downturn if the debt ceiling is not raised. Americans clearly do not want more spending, no matter what. The President is not listening.

[Video clip: President Barack Obama: I’d rather be talking about stuff that everybody welcomes, like new programs, or the NFL season getting resolved. Unfortunately, this is what’s on our plate.]

Lori Rothman: Republican Congressman Ron Paul (R-TX) says, “Everybody does not welcome new programs.” He is running for President and he has his own solution to the debt problem. Welcome, Congressman.

Ron Paul: Thank you. Good to be with you.

Lori Rothman: Great to have you. You famously said that we should not raise the debt ceiling, and you have an idea to save 1.6 trillion with one swipe at the Fed’s balance sheet. Explain the idea.

Ron Paul: Right. We’re over the debt limit and they’re worrying about it. And I said, one solution — if we wanted to get serious and get down to business in the next year, do all the work we should do — we could get a reprieve, because we owe $1.6 trillion to the Federal Reserve. But where did they get the money to buy our debt? Well, they created it out of thin air. So taxpayers keep working hard to pay the interest to the Federal Reserve, as well as to finance these bonds if the Fed wants to take the monies. So I would say that is not a real debt. It’s a fictitious debt. It’s a dishonest debt, and that we’re not obligated. So if you don’t want pay interest for a while to the Fed, or just quit paying, then we can meet all our other obligations, and people shouldn’t be panicking that we’re going to default on our debt.

Lori Rothman: But it isn’t fictitious debt, Congressman, if you consider that that liquidity is in the financial markets. And so, if you wipe off the bonds and other assets off the Fed’s balance sheet, you still have all that money — right — that’s being hoarded by the banks, and at some point it’s going to be lended [sic: loaned] out. And then you have a big problem with inflation, don’t you?

Ron Paul: Well, this doesn’t change it. It stays the same. The Fed is not about to call that money back in. They’ve said, “Oh, when are we going to end QE2 and when are we going to downsize our balance sheet?” They’re not going to do that! The market—

Lori Rothman: But the Fed needs to have those to maintain those bonds, so that if it does call that liquidity out, in inflationary times, it can do that, to sell those bonds back into the financial marketplace.

Ron Paul: Well, all they have to do is raise Reserve requirements, and they would accomplish the same thing. So no, you don’t have to do that. But what I’m exposing is the fiction of the Federal Reserve on how they buy bonds, and what do they do with the interest, and why we owe them money, and why they contribute to the total debt of the country. And it’s not real debt in the sense that, if you owned a Treasury Bill, that’s a lot different. Or if we owe — if a Chinese owns a Treasure Bill, yes, if we default on that, that’s going to raise some eyebrows, but the Federal Reserve is quite different. I mean, this is debt that they were able to buy out of thin air. But they’ve already monetized that debt; that money is in the economy. Now, if you expect next month the Fed is also about ready to shrink the money supply, well, that would provide a problem. But that isn’t likely. That isn’t going to happen. They’re not in any mood to do that. And they’re going to continue buying debt, as they always have, so they can — they have plenty of room for manipulation, believe me! They manipulated trillions of dollars during the bailout and took care of their friends. They’re not handicapped. The only thing that’s handicapping the Fed now is people want transparency. Before, they did it in the dark of night and nobody knew what was going on. Now that we’ve exposed them, we have to see the Federal Reserve Board Chairman having press conferences, and—

Lori Rothman: I know that you are notable for — you’ve written a book about wanting to get rid of the Fed. Would you at the very least, though, be satisfied, Congressman, if the Fed just ditched its dual mandate – right — just got rid of the jobs mandate and just focused on price control? Because really the Fed, Bernanke was right when he said fuel prices, energy prices and food prices were transitory. We’ve gotten a bit of a lift off the gas price.

Ron Paul: Well, I think that’s a good suggestion, because they’ve had a dual mandate — one, stable prices and one for employment. We have no stable prices and no full employment. So I would take both mandates away from them and let them have a check-clearing outfit there, or something like that. But no.

Lori Rothman: So you must love this idea for an infrastructure bank. The jobs report — the June jobs report — was horrible. And now there’s a talk — they’re not calling it “stimulus,” but by any other name it would amount to that. What does this country need for job creation?

Ron Paul: Yeah. Well, what you need to do is change everything that we’ve been doing. We have too much spending and too much taxes, too much regulation, too weak of a currency, and we’re doing all the things wrong. But the most important thing that we’re doing wrong – and devastating thing – is we don’t allow the correction to occur. We don’t allow the liquidation of debt. We prop up all the mistakes. We buy the bad debt, where the banks that held this bad debt and these derivatives, they should have all gone bankrupt. Instead, the taxpayers got stuck with them. So we bailed out the financial institutions — the banks and the corporations and Wall Street — and they’re doing quite well. And yet, they said there would be a depression, of course, if we didn’t bail them out. We still had the depression! We still—

Lori Rothman: So do you think Americans don’t want a deal on the debt ceiling? Sorry to interrupt you.

Ron Paul: Let me still fin — let me—

Lori Rothman: Go on.

Ron Paul: Let me finish. We still ended up with the depression, because the People lost their jobs and lost their houses. Go ahead.

Lori Rothman: No, I just wanted to put to you — I mean, fine. Leave the debt ceiling; deal with the economic consequences; we hear you. So, I mean, do people just not want a deal in the end? I mean, how are we going to sort out and deal with the ramifications here?

Ron Paul: The ramifications of what is going on now and how we get back to full employment? Is that the kind of thing you’re talking about?

Lori Rothman: Absolutely.

Ron Paul: Yeah. Well, you have to do what I said. You have to change policies. We do have to cut, but we have to cut a lot! But we have to change the philosophy of government. We can’t maintain an empire. As long as we think we can do that, we’re on the way — I mean, we are literally and technically bankrupt; we can’t pay our bills, and we don’t have enough income. The only thing that keeps us going is counterfeiting our money. And the people — even today — people were buying dollars, because there’s nothing else out there other than gold. So yes, the dollar is still providing funds, but we’re counterfeiting the money. But we’re defaulting because the dollar’s going down in value when you look at your prices. The government — our government — defaults all the time. And we’re going to continue to default. But the way we’re going now, though, it’s going to be much much worse than — if we raise the debt limit, it’s going to be much worse than us biting the bullet and saying, “We need to change our attitude. We have to look at this. We have to change our way.”

Lori Rothman: We’ll have to leave it there. Thanks for engaging us, Congressman Ron Paul. Appreciate your time.

Ron Paul: Thank you.

http://www.ronpaul.com/2011-07-11/ron-paul-rescind-americas-ficticious-1-6-trillion-debt-to-the-federal-reserve/

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BIG BANKS SHRINK LENDING

Credit card lending and home equity lines of credit cut by big banks in the first quarter.

FORTUNE — Here’s another sign that the economic recovery may be fizzling: Big bank lending, which had risen for most of last year, dropped in the first three months of 2012.

The loan drop comes as big banks face new scrutiny from regulators and bond rating firms, and when there are growing signs that the economy is weakening, again. Last week, the government said that GDP grew just 2.2% in the first quarter, which was less than analysts had predicted. On Monday, Goldman Sachs’ top U.S. economist Jan Hatzius predicted that the economy only added 125,000 jobs in April. That would be down from 240,000 jobs just two months ago.

A drop in lending is another worrying sign for the economy. When banks cut their lending, it makes it harder for small businesses to get money to expand. But a drop in lending could also signal a drop in demand for loans, meaning businesses and individual don’t want to borrow because they are worried about the economy.

JPMorgan Chase (JPM), Wells Fargo (WFC), Bank of America (BAC) and Citigroup (C) cut their lending by a collective $24 billion in the first three months of the year. That was a change from last year when lending rose $34 billion at the nation’s four biggest banks in all of 2012. The biggest drops were in consumer lending, where credit card loans fell nearly 6% and home equity lines of credit dropped just over 2%. Mortgage lending was up slightly, but much of those home loans were the result of people refinancing to lower rates, and not actual new loans.

What’s more, the drop at the big banks comes at a time when lending at banks in general appears to be growing. That’s an other sign that the nation’s biggest banks still haven’t fully healed from the financial crisis. On Monday, the Federal Reserve said that banks in general had eased their lending standards in the first quarter. According to Fed data, the overall volume of bank loans in the U.S. rose by about $95 billion in the first quarter.

The biggest drop in loans came at Bank of America. Loans outstanding at B of A have dropped $78 billion in the past two years. Last year, the bank got out of the business of the business of funding loans sold by outside mortgage brokers. The firm now only makes home loans that are sold by a bank employee. That has cut the bank’s home lending activities dramatically.

“Bank of America got hurt pretty badly by its mortgage business,” says analyst Dick Bove, who follows bank stocks for Rochdale Securities. “Banks are still in protection mode.”

***

Reducing the Money Supply will lead directly to a Double Dip Recession, and the Federal Reserve knows it!

Time to Rescind The Fed! The Big Banks are acting on their orders!

SCYTL – DEMOCRACY UNDER THREAT!: US To Send All Votes Overseas For Counting And Adjustment “When in Hell are you people going to Wake Up!”

The Scytl connection: voting fraud in 2012 election?

A Spanish Company Known As Scytl Will Be Reporting Election Results For Hundreds Of U.S. Jurisdictions On Election Day

Do you know who is going to be counting the votes on Election Day 2012? Most Americans never even think about this. Most Americans just assume that their votes will count and that the government will ensure that the counting process is done honestly and fairly.

But is this really the case? Sadly, the vast majority of people never take the time to “look behind the curtain” to see how things really work. If they did, they might find themselves extremely upset about what they would find. The integrity of our voting process is of the utmost importance.

If we do not have the ballot box, then what avenues for changing our government do we have left? Unfortunately, the integrity of our elections has been called into question quite a few times in recent years, and now a Spanish company known as Scytl will be involved in reporting election results for hundreds of jurisdictions across the United States this upcoming election day. Will those election results be accurate?

It is absolutely amazing that a foreign company has been able to gain such control over the reporting of election results in the United States without it ever making a significant splash in the mainstream media.

You would think that there would be a law against this sort of thing, but apparently there is not.

So how did this all come about?

Well, the story starts with a company called SOE Software.

SOE Software was founded in 2002 and has been involved in reporting election results in 25 U.S. states….

Founded in 2002, SOE Software (SOE) has been working in 25 states to provide election management tools that include online pollworker training and election night reporting solutions to over 900 state and local election jurisdictions.

SOE Software was purchased by a company based in Barcelona, Spain known as Scytl earlier this year.

This combination of the two companies has produced a giant firm. Scytl now has a dominant market position in the election software market….

With the acquisition of SOE Software, Scytl is now the industry leader in the election software market with a full range of solutions that cover the whole election process and include secure online ballot delivery, Internet voting, electronic pollbooks, election night reporting, and online pollworker training.

Scytl will be involved in reporting election results in more U.S. jurisdictions than any other company.

In fact, the new combined company will be involved in reporting the election results in 30 U.S. states….

The combined organization is the largest pure election software company in the United States and will be serving customers in over 1,100 jurisdictions in 30 states, including 15 state-wide customers.

So exactly how does all of this work?

Why should we be concerned about what Scytl does with our votes?

Bev Harris of blackboxvoting.org has studied voting systems in the United States extensively. According to her, the combination of SOE Software and Scytl is going to make it much more difficult for observers to independently verify the integrity of the voting results in many jurisdictions. The following is an extended excerpt from a recent article by Bev Harris. It is a bit technical but it does a great job of breaking down how things have changed now that Scytl has acquired SOE Software….

In a major step towards global centralization of election processes, the world’s dominant Internet voting company has purchased the USA’s dominant election results reporting company.

When you view your local or state election results on the Internet, on portals which often appear to be owned by the county elections division, in over 525 US jurisdictions you are actually redirected to a private corporate site controlled by SOE software, which operates under the name ClarityElections.com.

The good news is that this firm promptly reports precinct-level detail in downloadable spreadsheet format. As reported by BlackBoxVoting.org in 2008, the bad news is that this centralizes one middleman access point for over 525 jurisdictions in AL, AZ, CA, CO, DC, FL, KY, MI, KS, IL, IN, NC, NM, MN, NY, SC, TX, UT, WA. And growing.

As local election results funnel through SOE’s servers (typically before they reach the public elsewhere), those who run the computer servers for SOE essentially get “first look” at results and the ability to immediately and privately examine vote details throughout the USA.

In 2004, many Americans were justifiably concerned when, days before the presidential election, Ohio Secretary of State Ken Blackwell redirected Ohio election night results through the Tennessee-based server for several national Republican Party operations.

This is worse: This redirects results reporting to a centralized privately held server which is not just for Ohio, but national; not just USA-based, but global.

A mitigation against fraud by SOE insiders has been the separation of voting machine systems from the SOE results reports. Because most US jurisdictions require posting evidence of results from each voting machine at the precinct, public citizens can organize to examine these results to compare with SOE results. Black Box Voting spearheaded a national citizen action to videotape / photograph these poll tapes in 2008.

With the merger of SOE and SCYTL, that won’t work (if SCYTL’s voting system is used). When there are two truly independent sources of information, the public can perform its own “audit” by matching one number against the other.

These two independent sources, however, will now be merged into one single source: an Internet voting system controlled by SCYTL, with a results reporting system also controlled by SCYTL.

With SCYTL internet voting, there will be no ballots. No physical evidence. No chain of custody. No way for the public to authenticate who actually cast the votes, chain of custody, or the count.

So should we trust that whatever election results Scytl gives us are accurate?

Of course not.

The truth is that there have been all sorts of questions about the integrity of Scytl voting systems. The following example comes from a recent article posted on westernjournalism.com….

The American advocacy group Project Vote has concluded that SCYTL’s internet voting system is vulnerable to attack from the outside AND the inside, a situation which could result in “…an election that does not accurately reflect the will of the voters…” Talk about having a flair for understatement!

There have also been very serious questions about SOE Software. Bev Harris of blackboxvoting.org says that there have been major problems with SOE Software election results in the past….

In Broward County FL, the results reported by Scytl-owned SOE Software in 2008 showed an entire candidate, who was winning, disappear into vapor in the middle of the count, and in Hillsborough County FL and Dallas County TX, votes that had been reported began to disappear.

So now we have a combination of SOE Software and Scytl. Considering the questions that have surrounded both firms in the past, it is easy to see why so many voting activists are deeply concerned.

There are a lot of rumors floating around the Internet that George Soros is at least a part owner of Scytl, but so far nobody has come forward with any solid evidence of this.

According to Scytl, the primary investors in the company are Balderton Capital, Nauta Capital and Spinnaker SCR. It is not known at this time whether George Soros has an ownership stake in any of those venture capital firms.

In any event, it is deeply troubling that a Spanish company will have control over the reporting of election results from hundreds of jurisdictions in the United States on election day.

Hopefully there will be no problems and the election results will be 100% honest and accurate.

But what if they are not?

***

Hello Scytl! Good bye America as we’ve known it!

WHAT is Scytl & WHY Should You Be VERY, VERY Concerned?
Written on April 10, 2012 by Ann-Marie Murrell

Here’s another of those quiet, subtle, but very dangerous little stories that has somehow slipped past all the mainstream media outlets.

The United States of America has a brand new private VOTE COUNTING company that the Obama administration has personally handpicked.

The company is called Scytl and it is based in Michelle Obama’s most favorite vacation spot, Barcelona, Spain.

Forget the fact that Barack is once again providing jobs for people in another country; there are much bigger fish to fry in this story.

According to the “About Us” section of the Scytl website:

Scytl is a worldwide leader in the development of secure solutions for electoral modernization.

Scytl was formed as a spin-off from a leading research group at the Universitat Autònoma de Barcelona. This group, funded by the Spanish Government’s Ministry of Science and Technology, has pioneered the research on e-voting security in Europe since 1994 and has produced significant scientific results, including 25 scientific papers published in international journals and the first two European Ph.D. theses on electronic voting security, by Prof. Joan Borrell and Scytl’s founder Dr. Andreu Riera (in 1996 and 1999, respectively). This research group also participated in the first Internet binding election in Europe (i.e., the 1997 election to the Presidency of the IEEE IT Spanish chapter).

Scytl has customers both in the private and public sectors. Some of these customers represent leading references in the electoral modernization market (e.g., governments in Spain, the USA, France, Austria, Switzerland, United Kingdom, Philippines, Argentina, Mexico, Finland and Australia) and are pioneering new electronic voting applications. Scytl’s solutions have been successfully used in multiple projects worldwide, some of which represent breakthrough projects for the electoral modernization industry.

So what does this mean for all us non-European voters here in America?

According to Michael Savage, “[T]his critical component to a free election, the transparent tabulation of votes, will not be handled by individual precincts but by a company over which we will have little control…The problem is that once the votes are merged, it will be impossible to go back and check their integrity at the local level. It is very likely that this is the final step in Barack Obama’s corruption of the voting process. It has the promise of enabling him and his cohorts to control the outcomes of federal elections with no accountability. On top of that it’s one more step toward a global government.”

There are no Americans on the Board of Directors of Scytl—but CEO Pere Valles once lived and worked in Barack’s old stomping grounds, Chicago. From the Scytl website:

Mr. Valles joined Scytl in March 2004 after spending most of his professional career in the United States. Prior to joining Scytl, Mr. Valles was Vice-President and Chief Financial Officer of GlobalNet, a NASDAQ publicly-traded telecommunications company headquartered in Chicago. Mr. Valles assisted GlobalNet in becoming one of the leading providers of Voice-over-IP in the world and was instrumental in the successful sale of the company to the Titan Corporation, a NYSE defense company.

At GlobalNet, Mr. Valles was responsible for designing and executing the strategic plan that led to an increase in revenues from US$ 25 million to over US$ 100 million and brought the company to profitability. Previously, Mr. Valles had worked as Senior Manager for KPMG‘s Mergers & Acquisitions group in Los Angeles and Miami providing financial and strategic consulting services to private equity groups and corporations involved in acquisitions in the United States, Latin America and Europe. During his career at KPMG, Mr. Valles actively participated in more than 20 transactions in the telecommunications and technology areas. Mr. Valles has a bachelor degree in Economics and a bachelor degree in Law from the University of Barcelona and a MBA (summa cum laude) from Indiana University.

In 2008 the Florida Department of State looked into using Scytl’s remote voting system but turned it down. Their reasons:

Our findings identified vulnerabilities that, in the worst case, could result in (i) voters being unable to cast votes, (ii) an election result that does not accurately reflect the will of the voters, or (iii) disclosure of confidential information, such as the votes cast by a voter. The extent to which these vulnerabilities could actually be exploited in the ODBP is beyond the scope of this report given our lack of system context. Secure handling and audit of the Voter Choice Records may defend against some or all of these vulnerabilities, but these procedures were not available for review.

We identify three findings of particular significance:

The use of supervised polling stations provides significantly better protection against voter coercion or vote- 
selling than is present in some other absentee voting systems, such as voting by mail.
Two copies of each vote are stored: one electronically, and another on paper as a Voter Choice Record. This pro- vides redundancy that is not present in existing vote-by-mail systems. If the electronic votes are well-protected, then they can enable audit of the paper records in ways that are not currently possible.

After casting their ballot, each voter is given a receipt that is intended to give voters confidence that their votes were “Counted as Cast”. These receipts do not achieve their stated goal of allowing voters to “independently verify that their ballots have been correctly accounted for.” These receipts might indicate that a vote was received and decrypted by the county (a property not typically provided by current postal voting systems), but they do not provide assurance that the voter’s vote was correctly recorded.

Also interesting to note, one of the organizations on “Scytl Partners” tab is Oracle, a major supporter to all-things-Democrat. And another Scytl Partner is a spooky “global governance” organization calledGov2u.org. Check them out. Yikes.

There are many, many reasons for all of us to be concerned about Obama’s choice in vote-counting this November—yet no one seems to be up-in-arms about this other than Michael Savage and a handful of Internet bloggers.

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Just How Corrupt Will The United States Voting System Be In 2012 – VIRALIZE

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ADMIN: “When In HELL Are You People Going To WAKE UP ?!?!”