🌸
🌸
It is an Urgent Must - Read Book
🌸
Fiat currency (Federal Reserve Note)
is the unbacked liability of a bankrupt government.
🌸
Technically and legally, it is the bank’s property,
and what you own instead is an unsecured liability of the bank.
🌸
It is an Urgent Must - Read Book
🌸
Fiat currency (Federal Reserve Note)
is the unbacked liability of a bankrupt government.
🌸
Technically and legally, it is the bank’s property,
and what you own instead is an unsecured liability of the bank.
🌸
🌸
“The Great Taking”
🌸
“The Great Taking”
🌸
It’s a “scheme of central bankers to subjugate humanity by taking all securities, bank deposits, and property financed with debt.”
David Webb, a former hedge fund manager, and Wall Street insider, has blown the lid off a diabolical plan more than 50 years in the making in a shocking new book.
He calls it
The Great Taking.
I consider it an urgent must-read (available for free here).
Here’s the synopsis (emphasis mine):
It is about the taking of collateral (all of it), the end game of the current globally synchronous debt accumulation super cycle.
This scheme is being executed by long-planned, intelligent design, the audacity and scope of which is difficult for the mind to encompass.
Included are all financial assets and bank deposits, all stocks and bonds; and hence, all underlying property of all public corporations, including all inventories, plant and equipment; land, mineral deposits, inventions and intellectual property.
Privately owned personal and real property financed with any amount of debt will likewise be taken, as will the assets of privately owned businesses which have been financed with debt.
If even partially successful, this will be the greatest conquest and subjugation in world history.
Private, closely held control of ALL central banks, and hence of all money creation, has allowed a very few people to control all political parties and governments; the intelligence agencies and their myriad front organizations; the armed forces and the police; the major corporations and, of course, the media.
These very few people are the prime movers. Their plans are executed over decades. Their control is opaque.
To be clear, it is these very few people, who are hidden from you, who are behind this scheme to confiscate all assets, who are waging a hybrid war against humanity.
Webb shows how the dark forces behind central banking have spent the last 50 years meticulously putting the legal structures in place worldwide to sever property rights for securities.
Gone are the days of physical paper share certificates and bearer securities, where you had control and ownership of the asset.
Today, your control and ownership have become increasingly distant as stocks, bonds, and other investments have been centralized away from account holders and rehypothecated—a slimy practice where financial institutions reuse an account holder’s asset for their own purposes, creating multiple claims on the same asset.
Contrary to what most brokerage account holders believe, they only have the appearance of ownership. If their broker goes bust, the stocks and bonds they think they own will be used to satisfy the other more senior creditors of their broker.
Webb shows how, during the 2008 financial crisis, a small broker in Florida went bankrupt.
Instead of sending the clients’ securities to another broker, as had traditionally been the case, they were swept up by the bankruptcy receiver.
But it’s not just some isolated small broker.
The bankruptcy of Lehman Brothers set the case law precedent for secured creditors to take client assets in the case of insolvency.
The most senior secured creditors are the most powerful financial institutions closest to the central banks—JP Morgan, BlackRock, Goldman Sachs, etc.
The net effect of The Great Taking will be the biggest centralization of money and power in history as they take everyone’s securities during a future crisis.
Though it’s not just securities, they will also take ANY asset financed by debt—like real estate, cars, and small businesses—as people become unable to service their debts.
Webb provides all the details and proof in his book.
Here’s the bottom line.
The most powerful people in the world have succeeded in subverting the property rights of securities and ensnaring most of the world with debt.
The trap has been set, and the legal plumbing is in place.
All that is needed is a big crisis that will cause a tidal wave of bankruptcies, and the hidden forces behind the world’s central banks will be able to take everyone’s stocks, bonds, and any property financed by debt.
All the assets people think they own in brokerage accounts, bank accounts, pensions, and other financial accounts could vanish overnight.
Webb says, “There will be a game of musical chairs. When the music stops, you will not have a seat. It is designed to work that way.”
The Coming Collapse Is by Design
Webb makes a compelling case that the next financial crisis won’t be an accident; the global elite are making it happen to proceed with The Great Taking.
In short, it’s not plausible that such an intelligent, deliberate plan executed with persistence for more than 50 years could happen by accident.
Further, the forces behind central banking and (fake) money creation undoubtedly understand the dynamics of the boom-bust cycle they create by expanding and contracting the money supply.
They know the Everything Bubble they created will lead to a massive bust.
That’s when they will execute The Great Taking.
Further, consumer debt is at record highs.
After many years of being encouraged to go deeply into debt, many Americans have reached their maximum debt saturation. They will be ripe for the picking.
As Webb explains:
“Debt is not a real thing. It is an invention, a construct designed to take real things.
The bottom line is that debt has for centuries had the function of dispossessing, of taking away property, capital and investments from someone.”
What You Can Do About It
Nobody knows the future or how The Great Taking will play out. The best you can do is to make yourself a hard target and not be among the low-hanging fruit.
You can do that by being debt-free and owning unencumbered assets within your direct control.
You don’t want to own something that is simultaneously someone else’s liability. That’s because the legal structures are already in place to take it from you during the next crisis.
Crucially, this includes fiat currency in bank accounts.
Remember, fiat currency is the unbacked liability of a bankrupt government.
Further, once you deposit currency into a bank, it is no longer yours.
Technically and legally, it is the bank’s property, and what you own instead is an unsecured liability of the bank.
As The Great Taking unfolds, you won’t want to be on the other end of liabilities or IOUs.
Three solutions stand out to me.
First, physical gold and silver bullion coins in your possession
are an excellent option.
The best way is to purchase widely recognized bullion coins, like the Canadian Maple Leaf or the American Eagle.
Also, never put precious metals in a bank’s safe deposit box. They will be among the first targets when The Great Taking unfolds.
David Webb, a former hedge fund manager, and Wall Street insider, has blown the lid off a diabolical plan more than 50 years in the making in a shocking new book.
He calls it
The Great Taking.
I consider it an urgent must-read (available for free here).
Here’s the synopsis (emphasis mine):
It is about the taking of collateral (all of it), the end game of the current globally synchronous debt accumulation super cycle.
This scheme is being executed by long-planned, intelligent design, the audacity and scope of which is difficult for the mind to encompass.
Included are all financial assets and bank deposits, all stocks and bonds; and hence, all underlying property of all public corporations, including all inventories, plant and equipment; land, mineral deposits, inventions and intellectual property.
Privately owned personal and real property financed with any amount of debt will likewise be taken, as will the assets of privately owned businesses which have been financed with debt.
If even partially successful, this will be the greatest conquest and subjugation in world history.
Private, closely held control of ALL central banks, and hence of all money creation, has allowed a very few people to control all political parties and governments; the intelligence agencies and their myriad front organizations; the armed forces and the police; the major corporations and, of course, the media.
These very few people are the prime movers. Their plans are executed over decades. Their control is opaque.
To be clear, it is these very few people, who are hidden from you, who are behind this scheme to confiscate all assets, who are waging a hybrid war against humanity.
Webb shows how the dark forces behind central banking have spent the last 50 years meticulously putting the legal structures in place worldwide to sever property rights for securities.
Gone are the days of physical paper share certificates and bearer securities, where you had control and ownership of the asset.
Today, your control and ownership have become increasingly distant as stocks, bonds, and other investments have been centralized away from account holders and rehypothecated—a slimy practice where financial institutions reuse an account holder’s asset for their own purposes, creating multiple claims on the same asset.
Contrary to what most brokerage account holders believe, they only have the appearance of ownership. If their broker goes bust, the stocks and bonds they think they own will be used to satisfy the other more senior creditors of their broker.
Webb shows how, during the 2008 financial crisis, a small broker in Florida went bankrupt.
Instead of sending the clients’ securities to another broker, as had traditionally been the case, they were swept up by the bankruptcy receiver.
But it’s not just some isolated small broker.
The bankruptcy of Lehman Brothers set the case law precedent for secured creditors to take client assets in the case of insolvency.
The most senior secured creditors are the most powerful financial institutions closest to the central banks—JP Morgan, BlackRock, Goldman Sachs, etc.
The net effect of The Great Taking will be the biggest centralization of money and power in history as they take everyone’s securities during a future crisis.
Though it’s not just securities, they will also take ANY asset financed by debt—like real estate, cars, and small businesses—as people become unable to service their debts.
Webb provides all the details and proof in his book.
Here’s the bottom line.
The most powerful people in the world have succeeded in subverting the property rights of securities and ensnaring most of the world with debt.
The trap has been set, and the legal plumbing is in place.
All that is needed is a big crisis that will cause a tidal wave of bankruptcies, and the hidden forces behind the world’s central banks will be able to take everyone’s stocks, bonds, and any property financed by debt.
All the assets people think they own in brokerage accounts, bank accounts, pensions, and other financial accounts could vanish overnight.
Webb says, “There will be a game of musical chairs. When the music stops, you will not have a seat. It is designed to work that way.”
The Coming Collapse Is by Design
Webb makes a compelling case that the next financial crisis won’t be an accident; the global elite are making it happen to proceed with The Great Taking.
In short, it’s not plausible that such an intelligent, deliberate plan executed with persistence for more than 50 years could happen by accident.
Further, the forces behind central banking and (fake) money creation undoubtedly understand the dynamics of the boom-bust cycle they create by expanding and contracting the money supply.
They know the Everything Bubble they created will lead to a massive bust.
That’s when they will execute The Great Taking.
Further, consumer debt is at record highs.
After many years of being encouraged to go deeply into debt, many Americans have reached their maximum debt saturation. They will be ripe for the picking.
As Webb explains:
“Debt is not a real thing. It is an invention, a construct designed to take real things.
The bottom line is that debt has for centuries had the function of dispossessing, of taking away property, capital and investments from someone.”
What You Can Do About It
Nobody knows the future or how The Great Taking will play out. The best you can do is to make yourself a hard target and not be among the low-hanging fruit.
You can do that by being debt-free and owning unencumbered assets within your direct control.
You don’t want to own something that is simultaneously someone else’s liability. That’s because the legal structures are already in place to take it from you during the next crisis.
Crucially, this includes fiat currency in bank accounts.
Remember, fiat currency is the unbacked liability of a bankrupt government.
Further, once you deposit currency into a bank, it is no longer yours.
Technically and legally, it is the bank’s property, and what you own instead is an unsecured liability of the bank.
As The Great Taking unfolds, you won’t want to be on the other end of liabilities or IOUs.
Three solutions stand out to me.
First, physical gold and silver bullion coins in your possession
are an excellent option.
The best way is to purchase widely recognized bullion coins, like the Canadian Maple Leaf or the American Eagle.
Also, never put precious metals in a bank’s safe deposit box. They will be among the first targets when The Great Taking unfolds.
🌸
The FREE PDF.
🌸
The FREE PDF.
🌸
The Great Taking .pdf | |
File Size: | 2428 kb |
File Type: |
🌸
The Great Taking
David Rogers Webb
🌸
David Rogers Webb
🌸
🌸
https://thegreattaking.com/
Printed versions of this text can be ordered from Lulu.com
via https://tinyurl.com/the-great-taking-paperpack or
https://tinyurl.com/the-great-taking-hardcover
Cover photograph by Billy Soden (https://billy-soden.pixels.com/)
Printed versions of this text can be ordered from Lulu.com
via https://tinyurl.com/the-great-taking-paperpack or
https://tinyurl.com/the-great-taking-hardcover
Cover photograph by Billy Soden (https://billy-soden.pixels.com/)
🌸
Contents
Prologue vi
List of Figures
I.1 Annual velocity of money, from 1900 to 2021 . . . . . 5 V.
1 Multiple jurisdictions, ICSD as collateral management
serviceproviderwithlinkstootherCSDs. . . . . . . . 31
Prologue vi
- I Introduction 1
- II Dematerialization 7
- III Security Entitlement 9
- IV Harmonization 16
- V Collateral management 26
- VI Safe Harbor for Whom, and from What? 32
- VII Central Clearing Parties
- VIII Bank Holiday
- IX The Great Deflation
- X Conclusion
Appendix References
List of Figures
I.1 Annual velocity of money, from 1900 to 2021 . . . . . 5 V.
1 Multiple jurisdictions, ICSD as collateral management
serviceproviderwithlinkstootherCSDs. . . . . . . . 31
🌸
How B Vitamins Improve Brain Health, Cognition, Psychiatric Problems and Mood Disorders
How to Protect Your Child From Transgender Lies
STORY AT-A-GLANCE
The video above features repeat guest Catherine Austin Fitts, a finance expert, and founder and president of the Solari Report. She’s one of the wisest persons out there when it comes to understanding finances and how to protect your wealth in the face of this global wealth transfer.
We also discuss the work of David Webb,1 a former hedge fund investor and a good friend of Austin Fitts. He has written a book called “The Great Taking,” available for free as a PDF from thegreattaking.com, as well as a documentary by the same name, available on CHD.TV, Rumble and YouTube.
Webb’s book and film detail how the Federal Reserve influences financial markets, and how its money creation has outpaced economic growth of the U.S., which is a huge red flag indicating that the velocity of money (the rate at which money is circulating through the economy) is collapsing. In short, a major financial depression is at hand, and when it all falls apart, we will lose everything.
A Financial Coup Is Underway
Webb reveals how central bankers and other globalists have, for at least five decades or more, carefully planned the coordinated takedown of the financial system using highly sophisticated strategies, including the manipulation of derivative markets.
Whatever securities you believe you may own, you’re not the actual owner of, and when the derivative markets collapse, everything can be taken from you. At the end of it all, you truly will “own nothing,” as predicted/promised by the World Economic Forum (WEF).
But there’s more. In her annual wrap-up, Austin Fitts reviews what she calls “many great takings,” because Webb only describes one of them. Wealth is also being stolen from us in dozens of other ways, and we need to understand them all if we are to protect ourselves with any amount of success.
“My focus is hugely on remedies, not problems,” Austin Fitts says, “and when it comes to remedies, you want to make sure you sequence your remedies against the enemy's various tactics. So, sequencing is very, very important when it comes to remedies.
The important thing to understand about the great taking is that the World Economic Forum has told you what they're planning: It’s 2030 and you have no assets. So the question is, exactly how are they going to strip you of your assets?
What David is talking about is stripping you of your securities, but you need to worry about far more than just your securities. You need to worry about your bank, which he touches on and does a very good job of describing some of the history around banking. You have to worry about your real estate. You have to really worry about your precious metals and other currency alternatives.
You have to worry about your business and your local investments and then yes, you have to worry about your securities. David is focused on just securities, which is why we did this section called ‘The Great Taking’ that goes through everything.”
Top Three Priorities
While Webb’s work may raise serious concerns, there are other more pressing issues that need our attention. Priority No. 1, according to Austin Fitts, is ensuring we have control over our financial transactions. Her focus for 2024 is therefore to help state legislators in the U.S. to work with banks and citizens within its jurisdiction to protect financial transaction freedom.
“That’s where pushback is critical,” she says. “If they can get financial transaction control then they can take everything, and I mean, everything, including your children ...
If you dive in and look at the terms and conditions that some of these payment gateways are asking for now ... you're giving them permission to go into your bank account and take everything. It's frightening.
So, the No. 1 thing to remedy against is financial transaction control. If you go to Solari, we have something called a financial transaction freedom memo. Print it out and start looking at all the things you can do to protect yourself from somebody controlling your financial transactions.
If they get that, The Great Taking is on. They take everything — real estate, securities, everything. So first and foremost, don't worry about your securities. Worry about your banking and your transactions.
The second Great Taking is ... food and health. The push to control the food system is on because to control financial transactions, they also need to control food because, if you can get your food and energy outside the banking system, you can survive without their banking system. This is why we cannot allow a 100% digital financial system.
The third Great Taking I'm concerned about is the real estate, because we see an extraordinary move being done to take control of the land, the real estate, including farmland, which is very much related to the food.
There are all sorts of games that can be played with the banking system to default people on their mortgages, and of course, interest rates and inflation are part and parcel of that.”
As noted by Austin Fitts, the process of reducing the homeownership rate has been going on for decades. It’s related to monetary policy, because inflation has doubled the average payment on the median-price home in America over the last four or five years alone. So, the younger generation is being completely wiped out and cannot afford to buy homes.
It’s also related to another Great Taking, which is the fraudulent inducement of student loans. Most of the big banks are paying close to zero percent for their capital, while students with loans are paying 5% to 9%, and those with credit card debt are paying 17%. “It’s an extraordinary differential in the cost of capital that's literally engineered into the system in a very unfair way,” she says.
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A System to Rob Us of Our Security Assets
Austin Fitts goes on to review Webb’s background, and how he came to the discoveries he made. In summary, financial regulators have created a way, through the custodian system, of robbing 100% of the security assets as a senior creditor, most likely through a default of derivatives.
Austin Fitts is not overly concerned about this, though, because while Webb believes a legal pathway has been created through the Uniform Commercial Code (UCC), Austin Fitts and her experts don’t think it’ll stick. “We are still looking for a UCC expert who can figure this out,” she says.
What Webb has proven, however, is that there has been an extraordinary effort by the financial regulators to assert control of ALL collateral. Austin Fitts believes this was done to keep the financial bubble going.
“The reason I'm not worried about a grab of the securities in the near future is because I think the way you grab assets is by getting financial transaction control to the banking system,” she says. “Once you have that, you can do everything. You can take 100% of the assets, including securities. So, I think financial transaction control is coming faster.
I think in terms of sequencing, a grab of all the securities is not near. What David would say is, if they get themselves in a corner, they have to do it. My feeling is they have so many ways out of a corner, it's not necessary. What they're going to do is what I've seen them doing, which is pushing for financial transaction control.
But here's what's great about David's research. No one goes through the bother of doing what they've done if there's integrity in the system. I think David has proven, yet again, that the financial system is lacking integrity and is engineered to benefit a few at the expense of the many.
The other thing I thought was very good about his book was, he describes the game in terms of insiders and outsiders to the banking system through the Great Depression — how your bank could fold; you lose your deposits, but you're still liable for your mortgage.
And of course, that's how you get people's real estate. You abrogate your income obligations to them, but then you hold them accountable for their debts.”
There’s No Safe Harbor for Anyone
It’s telling that Webb started this journey because he was trying to figure out how to protect his own family’s wealth only to, in the end, realize there is no safe harbor, not even for a financial insider like himself. The system is completely rigged from every angle. The sober realization is that there’s no getting away from this Great Taking.
We must face it head on, and do the work necessary to change the system so that it protects everyone. Part of that work is to make our political representatives understand what is happening, and that it is in their own self-interest to protect financial freedom.
Many of them are extraordinarily wealthy, and they too stand to lose everything if they don’t take action. They’re not insulated from this Great Taking. Like Webb discovered, there’s no safe harbor for them either. Webb’s contention is that the situation is salvageable, but we do need some kind of reset.
Just not The Great Reset the globalists have planned.
One possibility would be to implement a small tax on digital transactions, like a fraction of 1%. The revenues generated from that transactional fee could fund the government, doing away with income taxes, provided we don’t have to engage in international wars.
Top Three Financial Drains
According to Austin Fitts, the top three things that are draining our wealth are:
All three of these are alterable. We can eliminate these financial drains, but we can’t start there. First, we need to secure our financial transaction freedom, because everything basically hinges on that. If we lose that, we’ve already lost everything else.
Three Basic Action Items Again,
be sure to download Solari’s financial transaction freedom memo. It details the problems, and the solutions. “Do what you're comfortable doing,” Austin Fitts says.
“One is using cash. And when you use cash, start talking with local businesses and find ways of interacting locally that will give you more local resilience. And of course, the big one is food, because I don't know a way of getting food that is safe, other than knowing where it's coming from and knowing the people who are producing it ...
The third thing you can do is to bring transparency, and this is really important. If you go to Solari, we've put together a list of short videos on CBDCs and financial transaction freedom. The first one is the one-minute video of the head of the BIS basically saying we can make the rules centrally and enforce them centrally with CBDCs.
The second one is Neel Kashkari, head of the Minneapolis Fed, one of the 12 Fed banks, saying ‘I can see why the Chinese would want this because it gives you complete surveillance and control. But why would Americans ever let this happen?’ If it's so bad that one of the Fed presidents is telling you you don't want it, that's very helpful.
Then we have Bo Li [deputy managing director of the] IMF talking about the programmability of money, so if they decide you can only eat bugs and no pizza, your money will only buy bugs. And then the last one is Richard Werner talking about a top central banker telling him that CBDCs, ultimately, will be a chip that they want to put in your hand.
We need to tell people what's going on and help them understand how serious this is, because it's hard for many to fathom that somebody would want that kind of complete control. With AI and software, you can deliver that kind of complete control.
With a very short video, one minute or less, people get it. And that's the point at which you can turn to your state legislators and your state banking association and say, ‘OK, what are you guys going to do to make sure I don't end up like the Tennessee truckers?’
What's very interesting ... the states have the power to assert complete sovereignty over the money and the cash flows within their area, and to protect them. Now, they haven't done it. And one of the reasons they haven't done it is the Treasury and the central banks have been very good at making it financially attractive to buy into the federal system.
[Eventually], it's going to be more important to be sovereign and free than to get another $2 billion in education — an education that requires you to teach your kids how to be sex slaves.
So, one of the things you can do bring transparency, but start working with your bankers, with your State Bankers Association, your state legislators, and encourage them to take the steps. And if you look at the Financial Transaction Freedom memo, we list all the different things that a federal legislator can do.”
Why We Need Sovereign State Banks
North Dakota already has a sovereign state bank, and the Florida State Legislature is getting ready to introduce legislation for state banking in the state of Florida. Tennessee is looking at ways to create independent payment systems, and is in the process of starting a Bullion Depository and authorizing their treasurer to start buying gold and silver.
These are just some of the strategies that can, and need, to be implemented by all states. As noted by Austin Fitts, “The only way I can protect my individual sovereignty is if my state protects my financial sovereignty.” And states can do that by implementing sovereign state banks that are not tied to the central banking system.
“If you have a sovereign state bank, what that means is, your citizens are paying taxes into your accounts, and you have the ability, working with the state banks and credit unions and financial institutions, to keep the transactions going so that the Treasury or the central bank can't lock you down or shut you down.
I mean, that is amazing. If you also have a bullion depository, then you've got gold and silver reserves and that makes it easier for other people in the state to have a depository they can trust, and that means they can start doing transactions with gold and silver, particularly if you take the sales tax off.
Tennessee has taken the sales tax off golden and silver. And there's a big squabble now — several states have put in bills making gold and silver legal tender, but do it in a way where the Feds can't charge capital gains, so that you can use gold and silver as currencies locally. It’s a great way to start a local currency.”
A Building Wealth Reset
In conclusion, what we need to do, first and foremost, is to regain and safeguard our control of our financial transactions. Next, we need what Austin Fitts refers to as a “building wealth reset,” a reset of the financial system that allows us to build both living equity (health) and financial equity.
And we can do that. While it may seem as though we’re on a speed train headed for a brick wall, and that we have no way to get off, that may simply be an illusion. We probably have far more choice than we think.
“During my litigation [against the government], I had many different attorneys, and they would surround me and say, ‘You have to do this, you have no choice,’” Austin Fitts says.
“And I would say ‘I refuse. I'm not going to do that.’ That's a choice. And then, what would happen? Suddenly, an option would open up that wasn't there before. In other words, my refusal to go down the pathway that I had no choice created a new choice.”
Remember that as you move forward. Refusing to be part of the system may seem impossible, but the very act of making the choice to refuse may be the very thing that opens up brand new possibilities and options. Certainly, there are paths to victory, beginning with getting state leadership to get onboard with sovereign state banking.
How to Protect Your Child From Transgender Lies
STORY AT-A-GLANCE
- David Webb, a former hedge fund investor, has written a book called “The Great Taking,” as well as filmed a documentary by the same name. His book and film detail how the Federal Reserve influences financial markets, and how its money creation has outpaced economic growth of the U.S., which is a huge red flag indicating that the velocity of money is collapsing
- Central bankers and other globalists have carefully planned the coordinated takedown of the financial system using highly sophisticated strategies, including the manipulation of derivative markets. Whatever securities you believe you may own, you’re not the actual owner of, and when the derivative markets collapse, everything can be taken from you
- While Webb’s work raises serious concerns, there are other more pressing issues that need our attention. Priority No. 1 is ensuring we have control over our financial transactions. We need to help state legislators to protect financial transaction freedom
- North Dakota has a sovereign state bank, and the Florida State Legislature is getting ready to introduce legislation for state banking in the state of Florida. All states need to do this, as it’s one of the primary ways to protect the financial freedom of all citizens
- Priority No. 2 is building and securing food freedom, and No. 3 is transparency and education. We need to educate people about the severity of what’s coming, so that we can, en masse, begin to make different choices
The video above features repeat guest Catherine Austin Fitts, a finance expert, and founder and president of the Solari Report. She’s one of the wisest persons out there when it comes to understanding finances and how to protect your wealth in the face of this global wealth transfer.
We also discuss the work of David Webb,1 a former hedge fund investor and a good friend of Austin Fitts. He has written a book called “The Great Taking,” available for free as a PDF from thegreattaking.com, as well as a documentary by the same name, available on CHD.TV, Rumble and YouTube.
Webb’s book and film detail how the Federal Reserve influences financial markets, and how its money creation has outpaced economic growth of the U.S., which is a huge red flag indicating that the velocity of money (the rate at which money is circulating through the economy) is collapsing. In short, a major financial depression is at hand, and when it all falls apart, we will lose everything.
A Financial Coup Is Underway
Webb reveals how central bankers and other globalists have, for at least five decades or more, carefully planned the coordinated takedown of the financial system using highly sophisticated strategies, including the manipulation of derivative markets.
Whatever securities you believe you may own, you’re not the actual owner of, and when the derivative markets collapse, everything can be taken from you. At the end of it all, you truly will “own nothing,” as predicted/promised by the World Economic Forum (WEF).
But there’s more. In her annual wrap-up, Austin Fitts reviews what she calls “many great takings,” because Webb only describes one of them. Wealth is also being stolen from us in dozens of other ways, and we need to understand them all if we are to protect ourselves with any amount of success.
“My focus is hugely on remedies, not problems,” Austin Fitts says, “and when it comes to remedies, you want to make sure you sequence your remedies against the enemy's various tactics. So, sequencing is very, very important when it comes to remedies.
The important thing to understand about the great taking is that the World Economic Forum has told you what they're planning: It’s 2030 and you have no assets. So the question is, exactly how are they going to strip you of your assets?
What David is talking about is stripping you of your securities, but you need to worry about far more than just your securities. You need to worry about your bank, which he touches on and does a very good job of describing some of the history around banking. You have to worry about your real estate. You have to really worry about your precious metals and other currency alternatives.
You have to worry about your business and your local investments and then yes, you have to worry about your securities. David is focused on just securities, which is why we did this section called ‘The Great Taking’ that goes through everything.”
Top Three Priorities
While Webb’s work may raise serious concerns, there are other more pressing issues that need our attention. Priority No. 1, according to Austin Fitts, is ensuring we have control over our financial transactions. Her focus for 2024 is therefore to help state legislators in the U.S. to work with banks and citizens within its jurisdiction to protect financial transaction freedom.
“That’s where pushback is critical,” she says. “If they can get financial transaction control then they can take everything, and I mean, everything, including your children ...
If you dive in and look at the terms and conditions that some of these payment gateways are asking for now ... you're giving them permission to go into your bank account and take everything. It's frightening.
So, the No. 1 thing to remedy against is financial transaction control. If you go to Solari, we have something called a financial transaction freedom memo. Print it out and start looking at all the things you can do to protect yourself from somebody controlling your financial transactions.
If they get that, The Great Taking is on. They take everything — real estate, securities, everything. So first and foremost, don't worry about your securities. Worry about your banking and your transactions.
The second Great Taking is ... food and health. The push to control the food system is on because to control financial transactions, they also need to control food because, if you can get your food and energy outside the banking system, you can survive without their banking system. This is why we cannot allow a 100% digital financial system.
The third Great Taking I'm concerned about is the real estate, because we see an extraordinary move being done to take control of the land, the real estate, including farmland, which is very much related to the food.
There are all sorts of games that can be played with the banking system to default people on their mortgages, and of course, interest rates and inflation are part and parcel of that.”
As noted by Austin Fitts, the process of reducing the homeownership rate has been going on for decades. It’s related to monetary policy, because inflation has doubled the average payment on the median-price home in America over the last four or five years alone. So, the younger generation is being completely wiped out and cannot afford to buy homes.
It’s also related to another Great Taking, which is the fraudulent inducement of student loans. Most of the big banks are paying close to zero percent for their capital, while students with loans are paying 5% to 9%, and those with credit card debt are paying 17%. “It’s an extraordinary differential in the cost of capital that's literally engineered into the system in a very unfair way,” she says.
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A System to Rob Us of Our Security Assets
Austin Fitts goes on to review Webb’s background, and how he came to the discoveries he made. In summary, financial regulators have created a way, through the custodian system, of robbing 100% of the security assets as a senior creditor, most likely through a default of derivatives.
Austin Fitts is not overly concerned about this, though, because while Webb believes a legal pathway has been created through the Uniform Commercial Code (UCC), Austin Fitts and her experts don’t think it’ll stick. “We are still looking for a UCC expert who can figure this out,” she says.
What Webb has proven, however, is that there has been an extraordinary effort by the financial regulators to assert control of ALL collateral. Austin Fitts believes this was done to keep the financial bubble going.
“The reason I'm not worried about a grab of the securities in the near future is because I think the way you grab assets is by getting financial transaction control to the banking system,” she says. “Once you have that, you can do everything. You can take 100% of the assets, including securities. So, I think financial transaction control is coming faster.
I think in terms of sequencing, a grab of all the securities is not near. What David would say is, if they get themselves in a corner, they have to do it. My feeling is they have so many ways out of a corner, it's not necessary. What they're going to do is what I've seen them doing, which is pushing for financial transaction control.
But here's what's great about David's research. No one goes through the bother of doing what they've done if there's integrity in the system. I think David has proven, yet again, that the financial system is lacking integrity and is engineered to benefit a few at the expense of the many.
The other thing I thought was very good about his book was, he describes the game in terms of insiders and outsiders to the banking system through the Great Depression — how your bank could fold; you lose your deposits, but you're still liable for your mortgage.
And of course, that's how you get people's real estate. You abrogate your income obligations to them, but then you hold them accountable for their debts.”
There’s No Safe Harbor for Anyone
It’s telling that Webb started this journey because he was trying to figure out how to protect his own family’s wealth only to, in the end, realize there is no safe harbor, not even for a financial insider like himself. The system is completely rigged from every angle. The sober realization is that there’s no getting away from this Great Taking.
We must face it head on, and do the work necessary to change the system so that it protects everyone. Part of that work is to make our political representatives understand what is happening, and that it is in their own self-interest to protect financial freedom.
Many of them are extraordinarily wealthy, and they too stand to lose everything if they don’t take action. They’re not insulated from this Great Taking. Like Webb discovered, there’s no safe harbor for them either. Webb’s contention is that the situation is salvageable, but we do need some kind of reset.
Just not The Great Reset the globalists have planned.
One possibility would be to implement a small tax on digital transactions, like a fraction of 1%. The revenues generated from that transactional fee could fund the government, doing away with income taxes, provided we don’t have to engage in international wars.
Top Three Financial Drains
According to Austin Fitts, the top three things that are draining our wealth are:
- Tyranny
- The use of environmentally damaging processes like industrial farming instead of regenerative farming, the hardware required for the control grid and the electromagnetic field radiation that goes with it
- The control of innovation, which prevents cost savings
All three of these are alterable. We can eliminate these financial drains, but we can’t start there. First, we need to secure our financial transaction freedom, because everything basically hinges on that. If we lose that, we’ve already lost everything else.
Three Basic Action Items Again,
be sure to download Solari’s financial transaction freedom memo. It details the problems, and the solutions. “Do what you're comfortable doing,” Austin Fitts says.
“One is using cash. And when you use cash, start talking with local businesses and find ways of interacting locally that will give you more local resilience. And of course, the big one is food, because I don't know a way of getting food that is safe, other than knowing where it's coming from and knowing the people who are producing it ...
The third thing you can do is to bring transparency, and this is really important. If you go to Solari, we've put together a list of short videos on CBDCs and financial transaction freedom. The first one is the one-minute video of the head of the BIS basically saying we can make the rules centrally and enforce them centrally with CBDCs.
The second one is Neel Kashkari, head of the Minneapolis Fed, one of the 12 Fed banks, saying ‘I can see why the Chinese would want this because it gives you complete surveillance and control. But why would Americans ever let this happen?’ If it's so bad that one of the Fed presidents is telling you you don't want it, that's very helpful.
Then we have Bo Li [deputy managing director of the] IMF talking about the programmability of money, so if they decide you can only eat bugs and no pizza, your money will only buy bugs. And then the last one is Richard Werner talking about a top central banker telling him that CBDCs, ultimately, will be a chip that they want to put in your hand.
We need to tell people what's going on and help them understand how serious this is, because it's hard for many to fathom that somebody would want that kind of complete control. With AI and software, you can deliver that kind of complete control.
With a very short video, one minute or less, people get it. And that's the point at which you can turn to your state legislators and your state banking association and say, ‘OK, what are you guys going to do to make sure I don't end up like the Tennessee truckers?’
What's very interesting ... the states have the power to assert complete sovereignty over the money and the cash flows within their area, and to protect them. Now, they haven't done it. And one of the reasons they haven't done it is the Treasury and the central banks have been very good at making it financially attractive to buy into the federal system.
[Eventually], it's going to be more important to be sovereign and free than to get another $2 billion in education — an education that requires you to teach your kids how to be sex slaves.
So, one of the things you can do bring transparency, but start working with your bankers, with your State Bankers Association, your state legislators, and encourage them to take the steps. And if you look at the Financial Transaction Freedom memo, we list all the different things that a federal legislator can do.”
Why We Need Sovereign State Banks
North Dakota already has a sovereign state bank, and the Florida State Legislature is getting ready to introduce legislation for state banking in the state of Florida. Tennessee is looking at ways to create independent payment systems, and is in the process of starting a Bullion Depository and authorizing their treasurer to start buying gold and silver.
These are just some of the strategies that can, and need, to be implemented by all states. As noted by Austin Fitts, “The only way I can protect my individual sovereignty is if my state protects my financial sovereignty.” And states can do that by implementing sovereign state banks that are not tied to the central banking system.
“If you have a sovereign state bank, what that means is, your citizens are paying taxes into your accounts, and you have the ability, working with the state banks and credit unions and financial institutions, to keep the transactions going so that the Treasury or the central bank can't lock you down or shut you down.
I mean, that is amazing. If you also have a bullion depository, then you've got gold and silver reserves and that makes it easier for other people in the state to have a depository they can trust, and that means they can start doing transactions with gold and silver, particularly if you take the sales tax off.
Tennessee has taken the sales tax off golden and silver. And there's a big squabble now — several states have put in bills making gold and silver legal tender, but do it in a way where the Feds can't charge capital gains, so that you can use gold and silver as currencies locally. It’s a great way to start a local currency.”
A Building Wealth Reset
In conclusion, what we need to do, first and foremost, is to regain and safeguard our control of our financial transactions. Next, we need what Austin Fitts refers to as a “building wealth reset,” a reset of the financial system that allows us to build both living equity (health) and financial equity.
And we can do that. While it may seem as though we’re on a speed train headed for a brick wall, and that we have no way to get off, that may simply be an illusion. We probably have far more choice than we think.
“During my litigation [against the government], I had many different attorneys, and they would surround me and say, ‘You have to do this, you have no choice,’” Austin Fitts says.
“And I would say ‘I refuse. I'm not going to do that.’ That's a choice. And then, what would happen? Suddenly, an option would open up that wasn't there before. In other words, my refusal to go down the pathway that I had no choice created a new choice.”
Remember that as you move forward. Refusing to be part of the system may seem impossible, but the very act of making the choice to refuse may be the very thing that opens up brand new possibilities and options. Certainly, there are paths to victory, beginning with getting state leadership to get onboard with sovereign state banking.
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Warning: Are Your Retirement Funds About to Vanish?
Whatever securities you believe you may own, you're not the actual owner,
and when the derivative markets collapse, everything can be taken from you.
Fitts warns of the urgency of securing financial control
and the top three threats to wealth that demand immediate attention.
READ MORE
🌸
https://articles.mercola.com/sites/articles/archive/2024/01/07/david-webb-the-great-taking.aspx?
🌸
Warning: Are Your Retirement Funds About to Vanish?
Whatever securities you believe you may own, you're not the actual owner,
and when the derivative markets collapse, everything can be taken from you.
Fitts warns of the urgency of securing financial control
and the top three threats to wealth that demand immediate attention.
READ MORE
🌸
https://articles.mercola.com/sites/articles/archive/2024/01/07/david-webb-the-great-taking.aspx?
🌸
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Are we Sleeping?
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The Picture Below
is a
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https://brightside.me/articles/the-100-best-photographs-ever-taken-without-photoshop-46555/
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is a
Real Pictures
Without Photoshop
🌸
https://brightside.me/articles/the-100-best-photographs-ever-taken-without-photoshop-46555/
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