In The Year of Our Lord ~ February Twenty Four, Two Thousand Eleven ~ Contact 2 ~ Transcribed by CJ

Thursday, February 24, 2011 WHITE KNIGHT REPORT

In The Year of Our Lord ~ February Twenty Four, Two Thousand Eleven ~ Contact 2 ~ Transcribed by CJ

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THE AMERO WILL NOT BE A REALITY.  ALL DEBTS PAID, AND IS THERE ENOUGH TO GO AROUND?


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The amero was concocted by the Bush-Clinton cabal. And it was basically to perpetuate the system we already have in place. But the trick to the amero was, we’re running huge deficits. The peso and the Canadian dollar are a much stronger currency than the US dollar and I can almost guarantee you that there isn’t a Canadian in the world that wants to jump on board and finance the American debt. Likewise for the Mexicans. So this was a way of diluting our debt across two other countries. So that wouldn’t fly. That’s the reason the amero came out. People heard about it but it’s not going to be a reality.

   Remember, our dollar is created out of debt, so that’s a negative value. And so when we have a new currency, a TREASURY dollar that actually has value with a positive value that is based on gold and silver, they will essentially cancel themselves out mathematically. The problem is…, if we have to reconcile things from, let’s say, we convert tomorrow, if we have to reconcile previous debts based in a negative, and we’re reconciling them into a positive, that is mathematically impossible. So the only solution is to zero them out. But the majority of the debt we’re carrying are collateralizing their obligations. And here’s the trick to this thing; Most of the big banks that are up side down and that are struggling, they are carrying tons and tons of CDO’s (Collateral Debt Obligations) and it’s the same across the world. Bernanke, under pressure, admitted the CDO’s were worthless. So effectively he’s already admitted that all the debts are gone. Now, the CDO’s are based on the mortgages that were packaged in this mortgage scheme that the more you look at it the more you debacle. Right now, any mortgage that was written since about 2003, is probably worthless. Because in order to sell these CDO’s, they had to pull off the promissory note so that the investors overseas could not see if these notes were performing or nonperforming. And that would be based on the amount of money they would pay for that mortgage-backed portfolio they would buy as an investment vehicle.

   Now, what has happened is…, the scheme was this;  A spin-off of DELMARVA, which was a CIA front operation,  was a company that still exists and is still in operation, in Pinellas, Florida. Nationwide has people down there and some of them can’t even speak English and they’re listed as the Vice President for so and so for Wells Fargo, or Vice President so and so for Bank of America…, anyway, they got all these people at the Nationwide Trust Services there in Pinellas, Florida who have never been to a Bank of America office. Never been to a Wells Fargo. Never been to a Deutsche Bank office. And they’re signing these documents…, rolling these mortgages over and this is a spin off into MERS. Some of you have heard about MERS. And all this is FRAUDULENT.  So when this money is reissued…, the new currency…, they cannot prove, at this point, that there is a mortgage obligation because there is no promissory notes. Because they destroyed them in the process so they didn’t have any way to prove that the mortgages were performing or nonperforming. They did this to deceive the investors. Now it has turned around and bit them in the butt because now, if you can’t prove that there’s a promissory note attached to that mortgage, by rule of law, your house is free and clear. Now if this becomes known publically to the entire country, and it’s already been proven in aMassachusetts case, and it has already been proven in an Ohio case, if you don’t have the promissory note…,  you don’t have the back end of a mortgage therefore your house is free and clear.  So that’s another avenue by which debt is going to be forgiven. Because when this is all over, the CDO’s have been forgiven bank to bank and the things that underline those CDO values are the mortgages. And the mortgages have no promissory notes. So…, everybody is debt free. Those debts are going to be gone because you can walk into any Bank of America and say “show me the promissory note. And if they can’t show a promissory note then there’s no mortgage. Where there’s no mortgage you own the house free and clear.

   We have rules for transfer of property value in this country. And you have to prove that. MERS has also played the game because of our cave way of recording property, they’ve found a little loop hole. And I am going to warn everybody about this. After this is all over and the money is refunded or revalued and the new currency is out there, I want to warn you about something that the bad guys are going to do. I have a group of people that I talk to and I had advised them that when this is all done go out and buy hard assets of income producing real estate, gold, silver, those kinds of things. But mainly things that are hard assets that produce cash flow. But the caveat to this is very simple. MERS has been running around the country and placing liens on property that there’s no way to prove that the liens were valid or not, so they tie you up in court and they foreclose before you even know it. And they’re basically stealing your property because there’s a hole in our way of tracking real estate. So, what I’m going to suggest to everyone listening is that, when you buy a piece of real estate, and you are in escrow, you go and get yourself a private real estate attorney. And you have that real estate attorney go to the court house and get a certified copy of the Deed for that property. So it shows the liens for that property. And you get that in your hot little hands, certified by the court house. And while you are in escrow, you have those lien holders satisfied out of escrow. And you have them submit you a letter that their lien on the property is satisfied. Now, if MERS comes along later and says…, well, we were subject to that property on this other lien or whatever, and that they are putting a lien on your property, you stop them right there because our courts, in this country, cannot commit fraud. And so if they give you a certified copy of the Deed to the property and it’s got the only lien holders there, nobody can come along later and say that the Title company was defrauded or the Title insurance defrauded. No. They can say that and they can get away with that. But no where, in our rule of law, do courts commit fraud. So if you’ve got a certified Title from the courthouse, it stops people like MERS from putting a lien on property after it’s free and clear. Now they’ve done this on four occasions that I know of. And they’ve gotten away with it because people couldn’t prove that there wasn’t a lien. They didn’t understand how this game was being played. So, when this is all over and you buy real estate, while you are in escrow, you go get your own real estate lawyer and have them pull a certified copy of Title from the courthouse.  That way if anybody claims after the fact that they have a lien on your property you can stop them right there. And they have no way of fighting you on that because our courthouses do not commit fraud.

THE IRAQI DINAR AND THE TAX IMPLICATIONS IN EXCHANGING ONE CURRENCY FOR ANOTHER

   There are three avenues of thought and you have to be patient with the timing on this and there’s a couple of reasons for that. You want to be slow to cash out the dinar and here’s a couple of reasons; First I want to put up front that I am not a financial advisor. But to just look at the situation here is to be cautious is to be slow in cashing these out and here’s why. If you take it as just a straight capital gain, if you go to cash them out right up front, most likely you are going to get hit with a 35%  tax of capital gains. If you wait a year you are probably only going to get long term capital gains of about 15%. Now, that’s assuming the IRS is still in place. But with the new currency and with the Government being debt free, and the people being debt free, my guess is…,  I don’t believe the IRS is going to be in the same game any longer. And they may not even come into play. So those are the three schools of thought you should consider. And some people have talked about a base rate. I don’t know. But I’ll tell you a little story about that. And if there are any IRS agents listening I’m past the Statute of Limitations. So, I’ll take you back to 1973 for a moment. When the US went off the gold standard in 1971, they started floating the US dollar against the deutsche mark and they did this so that Boeing and a lot of other people could sell a lot of heavy equipment to the Germans. When I was there in Nuremburg, right there on the base, was they had American Express bank, they had a contract from the Department of Defense to provide banking for the  GI’s there. The interesting thing about the American Express…, is that if I took American dollars which I got my pay as a soldier, and I went into American Express and converted it to deutsche mark, I would get a 3 ½ % discount on my deutsche mark. And then if I walked off the base three blocks down the street and went to Blooms Bank, I would get a 3 ½ - 4% discount on dollars. So I would take about fifteen hundred bucks and I would go get deutsche mark and I would walk downtown and I’d go buy dollars and I’d come back with about sixteen hundred. And then I’d go back and I’d get more deutsche mark and I would come back and I’d have about eighteen hundred. And I could do this 3 or 4 times a day. So, I don’t want to go into how much I made, but I made a lot of money doing that over a course of maybe a month…, month and a half.

   And so we had a.., I don’t know if he was a real IRS agent or if he was just somebody for the Army that would advise soldiers on how to fill out their taxes. When I explained this to him he said “I don’t know how you would base that because you’re exchanging currencies and I don’t know what your base will be…., what your base value would be on that.” This guy just said “ I don’t know what you would report so I guess it’s not income.” Now, that’s changed a lot. So I made a lot of money in 1973 just by exchanging currencies, and that might be what happens this time, and I’m saying might be. I would exercise a great amount of caution as this thing goes forward. And assume at the beginning that you’re going to pay a short term capital gains of 35% based on the net value you cash out for against what you actually paid for the dinar. And that’s the safest way you can do it.

  

THE PLAN AND SWITCHING GEARS ~ NEW CURRENCY, END OF THE FED, IRS FADES AWAY INTO THE SUNSET, AND PEOPLE TRIED FOR TREASON AROUND THE WORLD

   There is a plan in place and I have to take you back to Dachau. We’re going to have our march through the Dachau concentration camp but it’s going to be the whole country. One example that I know first hand…, was the March of 2003 bombardment of Bagdad. While everyone was watching the shock and awe, we were dumping 12,840 cruice missiles on Bagdad. These were not the neat ones you see on TV that go through the window or down the chimney. These were first generation cruise missiles that weren’t exactly that good. Defense Intelligence Analysts estimate that eighty percent of those missiles did not hit their targets, and they went into shopping centers, and they went into schools, and mosques, and residential areas. I actually did see the satellite BBA photos of thousands of Iraqi innocent civilians who were killed that day while everyone else was watching our troops running up the highway into Bagdad. On that day we killed over 220,000 Iraqi civilians and maimed another 610,000. And the web sites have been blocked here but I think if you go to Doctors Without Borders there may still be some photographs of two and three year old Iraqi children with no arms and legs. And I’m not talking about some missing some legs or some missing an arm. I’m talking about them missing all four appendages. And that’s a war crime and we did that. And so that’s our Dachau moment.

   Then you have Dick Cheney, openly says on television…,  yea, he authorized torture…, a violation of the Geneva Hague Convention. He openly says it and it’s likeso what…, well by his admission he is a war criminal. So we’re going to see these things come out. There will be tribunals. And the tribunals will either be done by us or they’ll be administered by an international tribunal made up of probably a composite of the whoever the 140 nations decide they want to send, but there will be a day of reckoning. That much I guarantee you. And the American people are going to choke on this because their gonna have their Dachau moment. Their gonna get marched through the concentration camp and their going to see all the things that have been done that they though were funny. I mean, I remember, if we go back to when Carter was President, we had the issues of the hostages in Tehran, and people were running around saying “nuke the Iranians,”  and we were all supporting the Shah and all this stuff. Well, people never looked really hard at the Shah. This was a guy who was so despicable, that he murdered his own father, to become an American puppet to take over Iran. Now…, think about that. Who among you would kill your own father for money? Now that’s the kind of people, that our Government, who claims to be a democratic and freedom loving nation supports. These are the realities of history that you have to look at. These are things you can check. These are things you can Google. These are things you can do your own research on. And they’ve been in front of you all of your life.

To Be Continued….