This reminds me of nothing so much as Scrooge McDuck...
Posted on 12/31/2023 8:52:03 AM PST by Twotone
The shattering documentary produced by David Rogers Webb, based on his book, alerts us all to the privately controlled Central Banks’ preparations for the inevitable financial collapse.
Former Hedge Fund Manager and author, David Rogers Webb, announces “The Great Taking,” premiering exclusively on CHD.TV on Saturday, December 9th at 8 p.m. ET. The not-for-profit documentary exposes the scheme by Central Bankers to subjugate humanity by taking all securities, bank deposits and property financed with debt. Running time is 71 minutes. The film is produced by Webb and Executive Produced by Vera Sharav, Holocaust Survivor and director of the 5-part docuseries Never Again Is Now Global. Webb takes us on a 50-year journey of how the Central Banking systems have secretly put collateral confiscation schemes in place, making everyone from all walks of life vulnerable when the inevitable financial collapse comes. The fine print is revealed in this shattering documentary. As Webb outlines, “It is now assured that in the implosion of the derivatives complex, collateral will be swept up on a vast scale. The plumbing to do this is in place. Legal certainty has been established that the collateral can be taken immediately and without judicial review, by entities described in court documents as ‘the protected class’. Even sophisticated professional investors, who were assured that their securities are ‘segregated’, will not be protected.” That these legal constructs are in place now is irrefutable. Congressional investigation into, and remedies for, these legal constructs is urgently needed!
And what will the banks do with all this collateral?
When that supposedly happens everyone will be broke, so who are they going to sell it to and make money?
The last thing banks want is to foreclose on a loan and be saddled with a lot of stuff that they need to sell out.
Remember the subprime mess and all the houses the banks repoed? They couldn’t wait to get rid of them, and had a hell of a time doing so even at bargain prices.
I know it’s in vogue to bash the evil Feds, but do with something that makes sense.
Correct, and than there is the problem of evicting the “squaters” from the newly acquired homes. Good luck central banks.
This reminds me of nothing so much as Scrooge McDuck...
What good would it do to be rich if 8 billion people wanted to kill you?
This isn’t just bashing the Fed, although the Fed has certainly made some wrong-headed policies. This is the total, global banking system. In an economic collapse, SOMEONE will come out on top. We can change the outcome if we’re aware & take action. Mainly making sure our legislators & policy-makers know what’s going on.
They would rather in generate it than allow the people to have it. Thats never the issue.
J6 showed us their fear. We The People. Self governance.
>What good would it do to be rich if 8 billion people wanted to kill you?
I doubt that the end game involves 8 billion people.
If this massive foreclusure were to occur, who exactly would they expect to execute the tens of millions of evictions? I couldn’t even get the city and police to execute my pre-covid judicial eviction. Banks aren’t set up for such collateral collection management and fire sale liquidation for pennies on the dollar. This is fantasy.
I don’t think they have to evict anyone. We won’t have money to do anything with. I think they just want us to die, starving in a house we can’t heat.
Maybe the plan is to make the former owners pay rent? I’m not saying that works, but then again it doesn’t have to since the people putting these rules in place are completely delusional.
bump
Spot on.
Don’t forget that pesky Deagel report.
But he thinks central banks are a good thing- they just need to be run by the government.
Yes. I think that is exactly it.
In the 21st century, the food production, the technology, the automation -- it has all reached the point that, if sensibly managed by self-interested people who were locally involved in the economic engines, I think we could have something of a paradise. Lots of self governance. Fully adequate resources for everyone. We wouldn't need "an elite".
Much of what has been going on for the past few decades has been an attempt to block people from figuring this out. We don't need them. They need us -- specifically: they need us to remain ignorant.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.