David Webb is trying to find out and explains what he knows in the book, "The Great Taking."
A quick summary by Doug Casey reads like this:
You Already Own Nothing
Webb’s book illustrates, among other things, how changes in the Uniform Commercial Code converted asset ownership into a security entitlement. The “entitlement” designation made personal property a mere contractual claim. The “entitled” person is a “beneficial” owner, but not the legal one.
In the event a financial institution is insolvent, the legal owner is the “entity that controls the security with a security interest.” In essence, client assets belong to the banks. But it’s much worse than that. This isn’t simply a matter of losing your cash to a bank bail-in. The entire financial system has been wired for a controlled demolition.
Webb describes in detail how the trap was set, and how the Great Depression provides precedent. In 1933, FDR declared a “Bank Holiday.” By executive order, banks were closed. Later, only those approved by the Fed were allowed to reopen.
Thousands of banks were left to die. People with money in those disfavored institutions lost all of it, as well as anything they’d financed (houses, cars, businesses) that they now couldn’t pay for. Then, a few “chosen” banks consolidated all the assets in the system.
-- Doug Casey
Webb's book is available free here:
thegreattaking.com
“It was always the women, and above all the young ones, who were the most bigoted adherents of the (revolutionary) Party, the swallowers of slogans, the amateur spies and nosers-out of unorthodoxy…”
–George Orwell, 1984
Christian Britain has been gone a long time. But the Crown finally held a funeral, bestowing King Charles, earlier "The Defender of the Faith," a new royal title: “Protector of the Space for Faith within the Multi-faith Nation.”
A world-historical societal transformation is taking place before our very eyes, and yet few have taken notice. Britain, the erstwhile leader of the Western world and the foundation and source of English-speaking civilization, is in its last days as a free society, and will soon become an Islamic state. Yet despite the mountains of evidence that this transformation is taking place, many will still deny that it is happening at all. They may not even admit it when it overtakes them personally.
“I thought being on the left was a mental problem. The empirical evidence is so overwhelming that it never worked anywhere, and they refused to accept it. But what I discovered is that being on the left is a disease of the soul. The left is built on envy, hatred, resentment, and unequal treatment under the law. They are very violent, and since they have no way or arguments to answer, they go for physical violence.”
Argentinian President Javier Milei