Saturday, February 7, 2009
Obama and acorn created an overloaded system, a manufactured crisis, to affect the radical reconstruction of our capitalist economy
THIS FRAUD WANTS TO DESTROY THE USA!
ACORN has its roots in the anti-capitalist tenets of the 1960s radical left group the National Welfare Rights Organization. This groups’ goal was to force a radical reconstruction of what they described as “America’s unjust capitalist economy” by forcing the elimination of eligibility restrictions for those trying to attain inclusion on the welfare roles, thus creating an overloaded system, a crisis, so as to affect that reconstruction.
In order to understand how Barack Obama and ACORN are directly to blame for the mortgage meltdown, we first have to understand what ACORN is and how Barack Obama was affiliated with them...and make no mistake; Barack Obama was most definitely affiliated with ACORN.
At the center of this culpability are Barack Obama and ACORN, the Association of Community Organizations for Reform Now.
The Roots of ACORN
Over the years, ACORN morphed its mission into one that champions a diverse set of objectives, all with an overriding goal seated in the tenets of anti-capitalism and the destruction of the US economy.
OBAMA IS ANTI_CAPITALIST AND HAS WORKED WITH ACORN TO DESTROY THE US ECONOMY. TODAY HE CONTINUES HIS EFFORT AND WILL SUCCEED IF NOT EXPOSED A FRAUD AND TRAITOR!
The group targets privately owned companies in their pursuit of unreasonably crafted municipal living wage laws that have literally driven said companies from the areas where jobs are needed. They continue their campaign to eliminate welfare role eligibility restrictions as they crusade to roll back welfare reform. And, in an area directly related to our subject, they actively employ coercive tactics to manipulate financial institutions into abandoning best business practice by affording low-interest loans to unqualified borrowers.
It is important to understand this statement fully; “...they actively employ coercive tactics to manipulate financial institutions into abandoning best business practice by affording low-interest loans to unqualified borrowers.”
In 1977, the Community Reinvestment Act was signed into law by President Jimmy Carter. This law requires financial institutions to offer credit, including home ownership opportunities, to under-served populations. Translated, the Community Reinvestment Act forced financial institutions to offer credit – mortgages – to unqualified borrowers. To add teeth to this law, provisions were included to punish financial institutions that did not embrace the horrific business practice of lending
money to those unable to pay it back.
Because of the Community Reinvestment Act, any financial institution that wants to expand or merge – any financial institution that has earned the right to grow because of its utilization of good business practices – has to prove it has complied with the Community Reinvestment Act otherwise the growth move can be blocked through regulation set-up to enforce the law. ACORN, under the guise of affecting “affordable housing for the poor” routinely employs intimidation tactics (both physical and verbal), public charges of racism and threatens to use the Community Reinvestment Act to block business expansion. These actions have enabled ACORN to extract hundreds of millions of dollars in loans and “organizational contributions” (bribes) from America’s financial institutions.
Indisputably, the actions of ACORN, in their intimidation of financial institutions that make up the mortgage banking industry, serve as the chief catalyst for the mortgage crisis and the financial meltdown we are experiencing today. By coercing the mortgage banking industry into lending to those who were unqualified to borrow, ACORN instigated the collapse of the housing market and, as a result, is directly responsible for qualified borrowers – you and I – being unable to secure legitimate lines of credit today.
But how does this relate to Barack Obama?
Barack Obama’s Connection to ACORN
When a young Barack Obama was first starting in his career as a “community organizer,” he caught the eye of Madeleine Talbot, the Chicago chapter head of ACORN. Talbot was so impressed with Obama’s organizational skills in his effort to attain asbestos abatement at a low-income housing project that she invited Obama to help train her own staff in the art of community organizing.
In an article by Toni Foulkes, a Chicago ACORN leader and a member of ACORN’s National Association Board, published in Social Policy titled, Case Study: Chicago — The Barack Obama Campaign, Barack Obama is cited as being a key figure in ACORN’s yearly leadership-training seminars. Foulkes also exposes the fact that the much-touted Project Vote campaign which Obama takes credit for organizing was, in fact, in direct partnership with ACORN.
Barack Obama was retained to represent ACORN in a legal action regarding an Illinois law addressing what has come to be known as “motor-voter” voter registration. He was intentionally and specifically sought because of his days working with Madeleine Talbot.
After Obama officially left ACORN and began to craft his political career he tapped into his time at ACORN to field his volunteer staff. Having trained many of the ACORN leaders in Chicago there was a well-spring of enthusiasm for his candidacies throughout the organization, candidacies that include his 1996 congressional campaign, his 2000 State Senate campaign, his 2004 US Senate campaign and the 2008 presidential campaign. It should be noted here that Obama sought and received endorsements from ACORN’s political arm for his political contests.
A minimal effort into researching then Illinois State Senator Barack Obama’s pet projects reveals that on several occasions he introduced legislation complimentary to ACORN’s goals including legislation addressing the municipal living wage and the financial sector. And when Obama sat on the boards of the Woods Foundation and the Joyce Foundation he was afforded the wherewithal to direct grants to ACORN, which he did.
Putting Two-and-Two Together
There are many, including HotAir.com’s Ed Morrissey, who will rightly point out that,
“It’s important not to get too carried away with the ACORN connection in the collapse. The real trigger came when Fannie Mae and Freddie Mac began buying up all of these loans and converting them into securities.”
But a gun doesn’t shoot without bullets and ACORN’s manipulation of the mortgage banking community in securing low-interest loans for unqualified borrowers manufactured the “bullets” that were shot by the gun owned by Fannie Mae and Freddie Mac.
Every crisis begins with a single act but most often that act remains hidden in the shadows of the crisis. It took years to uncover the mechanics of the September 11th, 2001 attacks yet we understood all those years of planning and training in a single moment. Hitler’s rise to power didn’t begin with his ascension to chancellor, it began in a Munich beer hall years before. And the movement that is incrementally facilitating the encroachment of socialist democratic ideology in the United States didn’t start in the 1960s, it started circa World War I.
In the case of the mortgage crisis and the subsequent financial meltdown that has caused hundred-point slides in the stock market in recent days, it started with training people – community activists and their coordinators – how to coerce financial organizations into employing bad business practices by providing loans to people who could never, ever pay them back.
Barack Obama trained Madeleine Talbot’s budding ACORN staff how to organize people to action. He returned yearly to provide leadership-training seminars. And after ACORN employed the practice of coercing financial institution into providing low-interest loans to unqualified recipients Obama served as their legal counsel.
Fannie Mae and Freddie Mac may have acted as the mechanism for the initiation of today’s financial crisis, but ACORN and Barack Obama exist as the genesis, the single act that morphed into financial catastrophe for our country and, very likely, the world. Barack Hussein Obama conceived the current crisis, gave birth to it just before the election and is hell bent on destroying the USA. Barack Obama wants us to trust him with leading our country. Obama is a FRAUD, LIAR and TRAITOR.
Obama represented ACORN in the Buycks-Roberson v. Citibank Fed. Sav. Bank, 1994 suit against redlining. Most significant of all, ACORN was the driving force behind a 1995 regulatory revision pushed through by the Clinton Administration that greatly expanded the CRA and laid the groundwork for the Fannie Mae, Freddie Mac borne financial crisis we now confront. Barack Obama was the attorney representing ACORN in this effort. With this new authority, ACORN used its subsidiary, ACORN Housing, to promote subprime loans more aggressively.
READ THIS ABOUT THE FRAUD OBAMA AND UNDERSTAND WHO HE IS
AMERICAN THINKER
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WAKE UP AMERICA BECOME AWARE OF WHAT THE GOLD FRINGED AMERICAN FLAG MEANS!
The Gold Fringed Flag
by J. Krim Bohren
The flag of our nation is described and specified at law. (1) Yet today more than one flag is in use in the United States-one is red, white and blue, and the other is red, white, blue and GOLD.
In our history the national flag changed a number of times. On June 15, 1775, the Continental Congress appointed General Washington to take "supreme command of the forces raised, and to be raised, in the defense of American liberty." A battle flag for this force was subsequently displayed on the first anniversary of the Declaration of Independence in Philadelphia in July 1777. A resolution passed by the Continental Congress on June 14, 1777 (Flag Day) describes the official national Flag for the United States of America.
It had thirteen stripes and stars.(2) A Flag with fifteen stripes and stars, known as the 1795 Fort McHenry flag, was authorized by an Act of Congress and was flown during the War of 1812. This flag inspired Francis Scott Key to write "The Star-Spangled Banner." In March 1818 an Act of Congress returned the Flag to thirteen stripes with 20 stars and ordered the addition of one star for each new State, to take effect the 4th day of July following the admission of that State.
A gold fringed flag is a battle flag reserved to the General of the Army for use over military headquarters and to display at courts-martial. The Commander-In-Chief, as the civilian authority over a lawfully standing national militia or Army, may designate that flag's use elsewhere. This gives a president, when acting as Commander-In-Chief, power to place the government's battle flag wherever he wishes to establish jurisdiction of the military force.
In 1925, an interpretation of statute law by the Attorney General of the United States clarified the intent and purpose of gold fringes or adornments to the national Flag to be within the discretion of the president as Commander-In-Chief. "Placing of fringe on national flag, dimensions of flag, and arrangement of stars in the union are matters of detail not controlled by statute, but are within the discretion of President as Commander- In-Chief of Army and Navy." (3) Thus, a gold fringed flag, often seen upon a staff or flagpole with a gold eagle atop it, or with gold streamers or tassels, is NOT the lawful, or OFFICIAL, Flag of our Nation.
A gold fringed flag used widely by courts, schools, service organizations and private individuals is NOT a symbol of our constitutional republic, or national Union of States. It signifies a military jurisdictional presence.
One official difference between the two flags is that when the fringe is placed around the Flag it denotes a military battle flag, not a national Flag. Now the lawful status of a Citizen becomes important. For in a military jurisdiction, where the court-martial tribunal displays the fringed battle flag, it may impose criminal sanctions for issues involving contracts, without due process of law. In a Judicial Department court under the national Flag, as described in the Constitution for the United States of America, as well as in State Constitutions, due process must be observed and followed, with all the protection of Constitutional Law.
The Founding Fathers, through the Constitution and the Bill of Rights, secured the sovereignty of the States for WE THE PEOPLE. A flag of bordered design, like the fringed battle flag, denotes that the jurisdiction of the federal government is present. If the courtrooms in your State display gold fringed flags, who is exercising jurisdiction?
1. Proper display of the Flag is covered in 36 USCS §§ 141 et seq.; 35 Am Jur 2d, Flag §§ 1, 7; 61 Stat. 642 (July 30, 1947) and; R.S. § 1792.
2. Congress of 1777, "...that the Flag of the United States be thirteen stripes alternate red and white; that the union (a device emblematic of any political union) be thirteen stars, white in a blue field, representing a new constellation."
3. Interpretive Notes and Decisions, to 4 USCS § 1.
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We The People? Obama's Secret Weapon
The United States is a Corporation
The United States is a Corporation
If what is stated below is true we are all members of a "FRINGE" group.
The United States 'government' is actually the United States Corporation. It was created behind the screen of a 'Federal Government' when, after the manufactured 'victory' in the American War on 'Independence', the British colonies exchanged overt dictatorship from London for the far more effective covert dictatorship that has been in place ever since.
In effect, the Virginia Company, the corporation headed by the British Crown that controlled the 'former' colonies, simply changed its name to the United States of America and other related pseudonyms. These include the US, USA, United States of America, Washington DC, District of Columbia (Samurais) and the President of the Corporation is known as the President of the United States. This is an accurate title given that one is the names for the Corporation is the 'United States'. He or she is not the President of the people or the country as they are led to believe - that's just the smokescreen.
Rush Limbaugh said Obama was acting like a CEO. This could be because he is a CEO.
You may have noticed that the national flag of the United States always has a gold fringe when displayed in court or federal buildings, and you see this also in federally-funded schools and on the uniforms of US troops. Under the International Law of the Flags, a gold fringe indicates the jurisdiction of commercial law, also known as British Maritime Law, and, in the US, as the Uniform Commercial Code, or UCC. The gold fringe is not part of the American flag known as the Stars and Stripes, but it is a legal symbol indicating that the court, government building, school or soldier is operating under British Maritime Law and the Uniform Commercial Code; military and merchant law.
UCC CODE
1871, February 21: Congress Passes an Act to Provide a Government for the District of Columbia, also known as the Act of 1871 (Act of 1871)
With no constitutional authority to do so, Congress creates a separate form of government for the District of Columbia, a ten mile square parcel of land (see, Acts of the Forty-first Congress," Section 34, Session III, chapters 61 and 62). Act 1871 allows the "Corp US" to control the country in the place of the natural Government
What Congress did by passing the Act of 1871 was create an entirely new document, a constitution for the government of the District of Columbia, an INCORPORATED government. This newly altered Constitution was not intended to benefit the Republic. It benefits only the corporation of the UNITED STATES OF AMERICA and operates entirely outside the original (organic) Constitution.
Instead of having absolute and unalienable rights guaranteed under the organic Constitution, we the people now have "relative" rights or privileges. One example is the Sovereign's right to travel, which has now been transformed (under corporate government policy) into a "privilege" that requires citizens to be licensed. (Passports) By passing the Act of 1871, Congress committed TREASON against the People who were Sovereign under the grants and decrees of the Declaration of Independence and the organic Constitution.
In 1871 the American Government was officially transformed into a legal Corporation. All American citizens officially lost their right for soverignty. The District of Columbia has become a seperate entity, not a part of America as we knew it, equipped with it's own flag, and its own laws. In-debted to foreign investors, the interest of this new Corporation transfered from American citizens to that of a select elite group of private Bankers.
What is the name of the group of private bankers? THE FEDERAL RESERVE
The United States Of America is a corporation owned by foreign interests NAFTA ETC ONE WORLD GOVERMENT
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PROTOCOLS FOR ECONOMIC COLLAPSE IN AMERICA Substitute the word bush with obama
And this is how the U.S. Treasury would handle an economic collapse. It’s called the 6900 series of protocols. It would start with declaring a force majeure, which would immediately be interpreted by the marketplaces as a de facto repudiation of debt.
The declaration of a force majeure on credit service of U.S. Treasury debt by the United States Treasury, which is tantamount and would be accurately construed as de facto debt repudiation by the United States of America.
When that day comes, in other words, when the U.S. Treasury declares a force majeure on debt, it wouldn’t be broad-cast on mainstream media. There’s no sense because the American people don’t even understand what it means. But the announcement would actually be put on the Federal Reserve wire system, which would, of course, immediately be picked up by all media outlets anyway.
The U.S. Treasury would declare a force majeure on debt after the Asian and European markets closed, probably at 12:30 p.m. EDT. The reason why that hour was always selected is because Asian and European markets close. It’s also the lunch hour for the markets. It’s when you’re going to have the fewest people on the floor of the exchanges. That would be the ideal time to make such an announcement.
A few seconds after that announcement was made, all United States markets, both equities debt and commodities i.e., stock, bonds, commodities, that have trading collars or permissible daily limits would all be limit-offered with pools. Limit-offered means that there are more sellers at the limit i.e., limit down, than there are buyers.
So-called ‘pools’ would immediately begin to form, probably a thousand contracts every few minutes. ‘Limit-offered with pools’ - this is trader language. Pools to sell 2,000 lots, 3,000 lots. That means, the number of sellers over and above the available buyers at the limit- offered price. That would begin to build.
By 1:00, the news would begin to sink in because it would take awhile before panic selling would arise from the public. This news is being released at lunch hour.
A lot of the American people initially would not even understand the temerity of the news. You would see professional selling first, and as that professional selling intensified over the afternoon, the SEC, the CFTC, NASDAQ, and various market regulatory authorities would begin to institute certain emergency market protocols. This would be the installation of the so-called ‘declaration of fast market conditions,’ for instance; the declaration of ‘no more stop orders,’ the declaration of ‘fill at any price,’ etc. in a desperate bid to maintain liquidity.
That first day, the Dow Jones Industrial Average and related indices on a percentage basis would lose about 20% of their value by the close of business that day. The real impact would come overnight when the American people found out what this was all about and when it was explained to them.
At 7:30 a.m. EDT, the Tokyo markets would open, and no price would be affixed for probably three or four hours into the session due to the avalanche of selling. Once prices were established, the government of Japan would close all of its financial markets. Europe would not even open. All European governments would close all capital exchanges the next day.
The United States would, in order to accommodate global electronic trading, attempt to open the market on the second day, which they would do, regardless of price, just to maintain some liquidity. At the end of Day Two, the Dow Jones and related indices, would have lost two thirds of their value, and prices would be set accordingly.
On Day Three, the New York Stock Exchange, the SEC and other related agencies would recommend to the United States Treasury and the Federal Reserve that all markets be closed. That would be on the morning of Day Three. Eleven a.m., the Federal Reserve would then order all domestic banks closed. All of the twelve Federal Reserve district banks would (30 minutes later) have special U.S. forces parachuted in and around them to secure whatever gold bullion reserves they had left.
Day Three, 9:00 p.m., the President of the United States would declare a state of martial law. All financial transactions would come to an end. The Treasury would act to formally de-monetize the U.S. dollar and declare it worthless.
This would be totally unprecedented. In the past, collapses have been temporary and have been brought back up. But what we’re talking about now is the end.
These protocols that I’m referring to aren’t even all that secret. They were publicly available all through the Clinton era. These are Treasury protocols that were instituted mostly in the late 1970s when the Treasury and Federal Reserve began to feel that it was important to have an emergency-collapse protocol in place.
What precipitated the timing of this was the inflationary spiral of the late 1970s. The U.S. Treasury and the Federal Reserve were both concerned that this inflationary spiral, which was occurring not only domestically but globally, might lead to a global, uncontrollable hyper-inflation that the Federal Reserve or major central banks could not stop by traditional means, i.e., by raising interest rates and contracting money supply.
There was also the recognition, of course, that global central reserve bank bullion inventories had been so depleted over the previous 30 years that any re-institution of a species currency, even on a temporary basis, and even within a regional or individual nation-state basis, was no longer possible.
This is an analogy. In a military scenario, it’s like the President of the United States pushing the final red button — the commit button. The Treasury Secretary of the United States has a similar mechanism. It’s called the yellow button, the commit button. The Secretary of Defense has the same system. This is what happens. Computer program starts to institute these protocols. Imagine the complexity of trying the manage all this. I think it’s going to happen all simultaneously. There are hundreds of different agencies involved, both domestically and internationally. In order to maintain liquidity for as long as possible, it has to be extremely well-coordinated, and there must be existing collapse protocols that can be used.
All federal agencies had individual collapse protocols that ultimately got coordinated through the Department of Defense. Obviously, the Department of Defense would be the ultimate coordinator because it would need to have special forces available, on a stand-by basis, ready, that could quickly parachute into areas all over the country, into the cities particularly, to secure federal properties and assets.
And that’s literally how it would begin. By the end of the third day, it would be all over — a state of martial law. We’re not talking about war, now; this is just economic collapse.
There’s no military implication here, no political, no social implication or policy directive thereunto. This is strictly economic collapse. By the end of Day Three, effectively, all banks in the world will be shut down, all paper currencies will become valueless. Martial law would be declared. There would be no continuing transactions, at least for a period of time, of commodities. All providers of fuels and foods would be shut down automatically.
They have this in great detail too. U.S. Department of Defense Special 117th Assault Unit would parachute in to seize control of the cattle yards in Oklahoma City. This is how well it’s planned. In other words, economic collapse would automatically involve expansive military action and control.
By the end of the third day, when you no longer have a domestic medium of exchange, you have to have secured food and fuel stocks. You’ve got to have troops that have secured distribution points where there is food and fuel stocks, warehouses, tanks, etc. Otherwise people are just going to go get them, and the people have to know that if they try to go break into that store and steal that loaf of bread, they’re going to be shot.
Personally I believe we need to prepare as much as possible. Buy extra food now for several weeks. Purchase a weapon if you don't have one. Pray that the Lord will guide you and protect you and your loved ones.
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