Us Bankruptcy 1933
1933 was a year of major events in america.
Us bankruptcy 1933. Chapter 11 is a form of bankruptcy designed for corporations not governments. The bankruptcy of the united states in 1933. You have the right. 192 10 by the 73rd congress was voted into law which is the emergency banking act.
Bankruptcy crimes are prosecuted by the united states attorney typically after a reference from the united states trustee the case trustee or a bankruptcy judge. During this year constitutional money gold became outlawed and effectively all property in america become mortgaged and held in trust for the federal reserve bank as collateral for the nation debt. This act declared the treasury of the united states bankrupt which is an impossible feat since the u. That is why we pay property taxes.
In the first bankruptcy the united states collateralized all public lands. During this year constitutional money gold became outlawed and effectively all property in america become mortgaged and held in trust for the federal reserve bank as collateral for the nation debt. Background 1933 the bankruptcy of the united states. Gave all the land to the international bankers federal reserve corporation.
The bankruptcy act of 1933. The emergency banking act succeeded in abrogating america s gold standard. The following is excerpted from judge dale s the great american adventure secrets of america by judge dale retired. Title 28 usc 3002 section 15 a b c states that the united states is a federal corporation and not a government note the capitalization indicating the corporation not the republic including the judiciary procedural section.
Bankruptcy fraud can also sometimes lead to criminal prosecution in state courts under the charge of theft of the goods or services obtained by the debtor for which payment in whole or in part was evaded by the fraudulent. They were then mortgaged. On march 9 1933 house joint resolution no. Treasury was secretly closed by the congress twelve years earlier in 1921.
When this bankruptcy took place our constitutional republic was dissolved and replaced with a corporate democracy social corporate fascism. A lot more happened than just the confiscation of the people s gold. In 1933 the united states went into chapter 11 restructuring hence bankruptcy. Government collateralized the private lands of the people a lien they borrowed money against our private lands.
And confiscated and outlawed all the gold except for one ounce for each person. Thus eliminating the lawful means. In 1933 there was a second united states bankruptcy. 1933 was a year of major events in america.
The fact of the matter is the united states did go bankrupt in 1933 and was declared so by president roosevelt by executive orders 6073 6102 6111 and by executive order 6260 on march 9 1933 under the trading with the enemy act of october 6.