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
On this most sacred day of the Christian faith, a US president who claims to be a Christian issues a threat to a nation of 94 million people, including over 500,000, Christians—threatening to commit war crimes (pursuant to Geneva Convention) against their civilian infrastructure.
"Behold the puerile, B-movie gangster style of his prose and his use of the word “F..kin’”—now the most overused word in the English language and the clearest expression of our degenerate culture.
"Upon seeing this post, I immediately thought of Madison’s reflections on the evil of war.
"The same malignant aspect . . . may be traced in the inequality of fortunes, and the opportunities of fraud, growing out of a state of war, and in the degeneracy of manners and of morals engendered by both.
"On this Easter Sunday, I pray that the innocent civilians of Iran will be spared from the sadistic and demented wrath of “President DONALD J. TRUMP.”
Here's the post
@realDonaldTrump
...
This week, the US President gave an apparently delusional update of the Iran conflict. Iran's military is decimated, and it's President is asking for a cease fire, he reported.
Iran's Foreign Ministry spokesman immediately rejected that. State broadcaster IRIB quoted Esmail Baghaei as saying Trump's statements were false and unfounded.
Trump attributed the request for a ceasefire to Iran's "New Regime President."
On the same day, Iranian President Masoud Pezeshkian criticized the US war against his country in an open letter to the people of the United States on Wednesday, calling it an absurd operation that is costly for their nation.
Within hours of Mr. Trump's analysis of a destroyed Iranian military, Iran fired more missiles at Israel and Gulf Arab states, demonstrating Tehran’s continued ability to attack even as US President Donald Trump claimed the threat from the country was nearly eliminated and predicted the war would end soon.
In Mr. Trump's speech to the nation, Paul...
Today's assymetrical warfare: Iran's cheap munitions are taking out American's most expensive aircraft.
One internet observer:
"Iran, still using their pawns, while Israel and the US out there, with only their King n Queen left. Who will fall first?
"5 pawns and a king versus a king and queen in a chess end game, the side with the 8 pawns always wins. 5 pawns is enough. That’s standard.
"In a way, you could call it asymmetrical warfare."