CAF and JPF have spent many hours helping us understand the financial shenanigans we see and experience. Thank you both.
David Webb has both a video and a free PDF available to all interested.
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I read the transcript of the video. I couldn’t take the loud soundtrack background music overpowering the man’s dialog.
It’s quite good. Should awaken a lot of people. In a nutshell (you likely already know this), a plan has been underway for decades to remove private possession of property. The means to do this runs like this: first, change the succession laws that flip the tables on who gets paid first in the event of a bankruptcy (was once the individual shareholder, now is the ‘preferred individual’ (big bank). Second, stop the issuance of stock certificates (it’s just too much paperwork) and let an organization called the DTC ‘hold’ all of the stocks…your broker for your 401K has an unsecured claim against stocks they ‘bought’ and are held at DTC. You have an unsecured claim against your stock broker. You’re at least third in line. Then, create a cyber crime event that shuts everything down, wipes out the market. When the dust settles the Preferred Individual gets all the assets that remain to satisfy their interest, you get feathers. This dominos bank failures, and real estate property devaluations. Your loan gets called unless you can come up with the cash to make up for the mortgaged amount the house is no longer worth. You can’t get the money because it was all tied up in the market or a bank which both failed. So the outfit that ‘buys’ your mortgage takes your house and offers to rent it to you.
There’s much more in the video/document, but for the time constrained this may help.
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Yes that’s the way I understood the process. The legalese is a bit standoffish but I suppose hiding the truth was the goal. I watched the video by turning off the sound (the music was too much for me too) and reading the caption. Also read his PDF. His personal background and ethical outlook was interesting.
I always wondered how eliminating personal property was to be accomplished and for what purpose.
Bankrupt the banks and countries then seize the assets, clever…
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