The Great Dispossession
In Part 1, I reported that we already do not own anything. The immediate response from readers is: what can we do to avoid dispossession? Offhand, the answer might appear to be debt-free property and gold and silver in personal possession. However, if the goal is that we own nothing and are controlled under a digital currency regime, these assets will be taken as well.
Webb says if the billionaires and large financial institutions can be made aware of the situation, they could make Congress aware of the regulatory changes and force Congress to use its law-making power to undo the regulatory changes. After all, if there is no private financial property, there is no one to contribute to Congressional elections. Billionaires’ campaign donations elect the politicians, and what the regulatory changes do to billionaires is to reduce them to the same poverty as a homeless person. What the changes mean for large financial institutions such as Merrill Lynch, Schwab, etc., is their existence ceases. Webb’s hope is the combined influence can undo the regulatory changes. The question is whether awareness can be generated. The fate of Congress is also at stake. In the Great Reset there is no input from the people and no function for Congress.
As in all of my writings, I am trying to bring awareness. Little doubt the messenger will be shot.
The purpose of Part 2 is to outline the regulatory changes that have been made that have turned our property in financial assets into the property of “secured creditors.” Webb terms them legal changes, which they are, but as I read it from regulatory, not legislative, action. Webb says the changes are global, but he only describes how the US and EU effected the changes for themselves. I am unable to imagine that Russia, China, Iran and any parts of the world not captured in the Western financial system are parties to the dispossession, especially under the regime of sanctions. As I read it, the dispossession that awaits is limited to the Western world and its captive countries. By global, perhaps Webb means the global operations of Western world financial organizations.
First some definitions: an “account holder” is you, your IRA, your pension plan, your stock and bond investments held at an “account provider” or “intermediary” or “depository institution” such as Merrill Lynch, Schwab, Wells Fargo. An “entitlement holder” is the definition of you whose ownership claim to your financial assets has been subordinated to the claims of “secured creditors” of the institution where you have your accounts. Please do understand that the dispossession of which I write is your dispossession.
As reported in Part 1, a country’s securities are pooled in a Central Security Depository (CSD). Each national CSD is linked to t
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