Chapter 16:  Emergency Banking Act of 1933

    Now that we understand that the United States is in fact, a corporation, and a government and we understand that it went into debt to the Federal Reserve System, a private group of bankers, and traded its gold for paper, what happens when that same corporation goes bankrupt? And what about its assets? Who takes control of them, and what exactly are the assets we’re talking about here?
    Well, we already discussed the creation of the Birth Certificate. This was for U.S. citizens, and it had your name eventually printed in all capital letters. This is called a “Strawman” in law, or in business terms. A strawman is defined in the following law books:

Stramineus Homo:

  1. Lat. A man of straw, one of no substance, put forward as bail or surety. (Black’s 4th)


A “front,” a third party who is put up in name only to take part in a transaction in name only.  Nominal party to a transaction. (Black’s 6th)

The term is also used in commercial and property contexts when a transfer is made to a third party, the straw man, simply for the purpose of retransferring to the transferor in order to accomplish some other purpose not otherwise permitted.  (Barron’s 3rd)

And here are some more useful terms that apply:


  1. One who holds legal title for another; a straw man.

adj. Sham;  make-believe; pretended; imitation.  As respects basis for predicating liability on parent corporation for acts of subsidiary, “agency,” “adjunct,” “branch,” “instrumentality,” “dummy,” “buffer,” and “tool” all mean very much the same thing.  (Black’s 4th)

  1. One who purchases property and holds legal title for another, usually to conceal the identity of the true owner; a straw man.
    adj. Sham; make-believe; pretended; imitation. Person who serves in place of another, or who serves until the proper person is named or available to take his place (dummy corporate officers; dummy owners of real estate). (Black’s 6th)

Dummy Corporation:

Corporation formed for sham purposes and not for conduct of legitimate business; e.g. formed for sole reason of avoiding personal liability.  (Black’s 6th)


crim. law. The figure or representation of a person.

  1. To make the effigy of a person with an intent to make him the object of ridicule, is a libel. (q.v.) Hawk. b. 1, c. 7 3, s. 214 East, 227; 2 Chit. Cr. Law, 866.
  2. In France an execution by effigy or in effigy is adopted in the case of a criminal who has fled from justice. By the public exposure or exhibition of a picture or representation of him on a scaffold, on which his name and the decree condemning him are written, he is deemed to undergo the punishment to which he has been sentenced. Since the adoption of the Code Civil, the practice has been to affix the names, qualities or addition, and the residence of the condemned person, together with an extract from the sentence of condemnation, to a post set upright in the ground, instead of exhibiting a portrait of him on the scaffold. Repertoire de Villargues; Biret, Vo cab. (Bouvier’s 1856 6th Ed.)

    Fictitious Name:

A counterfeit, feigned, or pretended name taken by a person, differing in some essential particular from his true name,  (consisting of Christian name and patronymic,)  with the implication that it is meant to deceive or mislead.   (Black’s 4th)

    So, basically, the Birth Certificate is like a “Title” to property. What property? Well, it’s really a fictitious corporation that was created called a “Strawman,” so that the government (corporation) can communicate to you. They communicate to you through your “Strawman,” which is also a corporation. Your Strawman thus becomes a “Transmitting Utility.” The definition for a transmitting utility is as follows:

Transmitting Utility:

   “Transmitting utility” means any person primarily engaged in the railroad, street railway or trolley bus business, the electric or electronics communications transmission business, the transmission of goods by pipeline, or the transmission or the production and transmission of electricity, steam, gas or water, or the provision of sewer service.
    UCC 9-105(n).  The proper place to file in order to perfect a security interest in collateral of a transmitting utility is the office of the Secretary of State. 
   UCC 9-401(5) If the debtor is a transmitting utility and a filed financing statement so states, it is effective until a termination statement is filed.  UCC 9-403(6).

     So, in essence, your strawman, is really the one who is being referred to when the government addresses you. This is the corporation that was created under the 14th Amendment and the Birth Certificate, which is always being referred to as a “Person.” This person is a piece of property belonging to the Federal Government. It is a franchise in some respects that was set up with your name in all capital letters. If you don’t know the difference then anyone can “assume” that that entity is you, the flesh and blood natural person. This is what is constantly happening in the system when the government comes after you. It is actually a case of mistaken identity. But, if you consent or don’t say or do anything, then they proceed to roll right over you as if you had agreed the whole time. Remember “Assumption” and “benefits” which are assumed to be consented to.  

     Here is another definition that applies:

Chattels, property:

A term which includes all kinds of property, except the freehold or things which are parcel of it.   It is a more extensive term than goods or effects.   Debtors taken in execution, captives, apprentices, are accounted chattels.  Godol. Orph. Leg. part 3, chap. 6, Sec. 1.

  1. Chattels are personal or real. Personal, are such as belong immediately to the person of a man; chattels real, are such as either appertain not immediately to the person, but to something by way of dependency, as a box with the title deeds of lands; or such as are issuing out of some real estate, as a lease of lands, or term of years, which pass like personally to the executor of the owner. Co. Litt. 118; 1 Chit. Pr. 90; 8 Vin. Ab. 296; 11 Vin. Ab. 166; 14 Vin. Ab. 109; Bac. Ab. Baron, &c. C 2; 2 Kent, Com. 278; Dane’s Ab. Index, h.t.; Com. Dig. Biens, A; Bouv. Inst. Index, h.t.

        What I am saying here, is that the government considers you a piece of paper, a chattels property, and not a real flesh and blood person. Or look at it this way instead. The government created an artificial entity, placed your name on it, assigned it a franchise ID and tax number and then started deliberately assuming that you, the flesh and blood person, were that corporation. Now, maybe you can understand why it is that the government has no compassion for medical marijuana patients or really, anyone at all. The government is a corporation and is “naturally dead.” 

         It does not have feelings and doesn’t have a conscience or a heart. The people within it do, but they do not have to act in their natural capacities, they only must do their job. Their job is to collect revenue and to keep the wheels of the corporation spinning.
        This same corporation borrowed money (in your name in ALL CAPS) from the Federal Reserve Bank in 1913, and used the gold as collateral. Within 20 years, the entire gold supply in the United States held in reserves was exhausted and there was no more gold left (real tangible hard assets, real property), with which to borrow more money. This caused the United States corporation to go “Bankrupt” in 1933, 20 years after the Federal reserve system was set up.  Well, when the United States went bankrupt, so did all of its little mini-corporations and franchises along with it. Included in those are all those “Strawmen” the government created with those Birth Certificates. That means all the Strawmen are “debtors” now. And each Birth Certificate being “Registered,” they become “Registered Securities” of the United States bankrupt government, and they transfer, as property, to the creditors of the bankrupt corporation, meaning the private owners of the Federal Reserve, i.e., the Bank of England. Well, nowadays, the Federal Reserve is actually a part of the International Monetary Fund.

        This next piece, taken from a paper put out by the Christian Law Fellowship, explains the process by which our Birth Certificates become Registered Securities:
        “Once each State has ‘registered’ the Birth Certificates with the U.S. Department of Commerce, the U.S. Department of the Treasury – also a part of the Executive Office – then issues Treasury Securities in the form of Treasury Bonds, Notes, and Bills using the birth certificates as sureties or guarantors for these purported Securities. This is based on the future tax revenues of the legal person. This means that the bankrupt corporate U.S. can guarantee to the purchasers of their securities the lifetime labor and tax revenues of all Americans as collateral for payment.  They simply do this by converting the ‘lawful name’ into a ‘legal person.’ – (Note: This preceding fact is not verified in the absolute sense, in that there is no supporting legal evidence for this. It may be theory only.)  

     Here are a few definitions that apply:

n. Middle English certificat, from Middle French, from Medieval Latin certifivatum, from Late Latin, neuter of certificatus, past principle of certificare, to certify, 15th century.  3: a document evidencing ownership or debt. — Merriam Webster Dictionary 1998

Security, bond. – Merriam Webster’s Dictionary of Law 1996

1a: Something (as a mortgage or collateral) that is provided to make certain the fulfillment of an obligation.  Example: used his property as security for a loan. 1b: “surety.” 2: Evidence of indebtedness, ownership, or the right to ownership. – Merriam Webster’s 1996


One who undertakes to pay money or to do any other act in event that his principal falls therein.   One bound with his principal for the payment of a sum of money or for the performance of some duty or promise and who is entitled to be indemnified by someone who ought to have paid or performed if payment or performance be enforced against him.  Everyone who incurs a liability in person or estate, for the benefit of another, without sharing in the consideration, stands in the position of a “surety,” whatever may be the form of his obligation.


A surety is an insurer of the debt or obligation; a guarantor is an insurer of the solvency of the principal debtor or of his ability to pay.  (Black’s 4th)
    Here are the exact citations from law showing the bankruptcy of the U.S. government and the transfer over from the Federal Reserve to the IMF, as well as “Emergency Banking Executive Orders” calling for a “State of Emergency”:


    The United States went “bankrupt” in 1933. [President Roosevelt Executive Order 6073, 6102, 6111, 6260; Senate Report 93-549, pgs. 187 & 594, 1973]

   President Roosevelt had declared the state of emergency immediately after his inauguration on March 4, 1933. This act of Congress ratified that decision and promulgations made

thereunder. (1)

    Executive Order 6073 by President of the United States Regulations Concerning the Operation of Banks
    Executive Order 6102 is a United States presidential executive order signed on April 5, 1933, by President Franklin D. Roosevelt “forbidding the hoarding of gold coin, gold bullion, and gold certificates within the continental United States.” The order was made under the authority of the Trading with the Enemy Act of 1917, as amended by the Emergency Banking Act the previous month.
    Executive Order 6111 by President of the United States On Transactions in Foreign Exchange
    Executive Order 6260 by President of the United States Further Regulations on the Hoarding and Export of Gold, and on Transactions in Foreign Exchange


    Here is an extract from the Emergency Bankruptcy Senate Resolution hearings, by Franklin Roosevelt from March 9, 1933:
    “To the Senate and House of Representatives: On March 3 banking operations in the United States ceased. To review at this time the causes of this failure of our banking system is unnecessary. Suffice it to say that the Government has been compelled to step in for the protection of depositors and the business of the Nation. – FRANKLIN D. ROOSEVELT. – THE WHITE HOUSE, March 9, 1933.

Congressional Record, March 9, 1933 House of Representatives

    The following is an extract from the Congressional Record, in the House, concerning the declared Emergency, and Congressman Louis T. McFadden is on record, exposing the fraud which is being perpetrated:
   “Mr. BYRNS. Mr. Speaker, I ask unanimous consent for the immediate consideration of H.R. 1491, and in its consideration that there shall be 40 minutes of debate, one half of such time to be controlled by the gentleman from Alabama [Mr. STEAGALL] and the other half by the gentleman from Pennsylvania [Mr. McFADDEN]; that at the conclusion of the debate the previous question shall be considered as ordered on the bill to final passage.
   “HR. 1491 – An act to provide relief in the existing national emergency in banking, and for other purposes Be it enacted, etc., That the Congress hereby declares that a serious emergency exists and that it is imperatively necessary speedily to put into effect remedies of uniform national application. – (This is where they introduce the bill but it has been left out for space consideration)
   “Mr. STEAGALL. Mr. Speaker, in view of the supreme emergency confronting the Congress and the country, it was thought that the House should act upon the legislation before us without the delay incident to the organization of the Committee on Banking and Currency to which the legislation would be referred for consideration under the usual procedure of the House.
    “Mr. McFADDEN. Mr. Speaker, I regret that the membership of the House has had no opportunity to consider or even read this bill. The first opportunity I had to know what this legislation is was when it was read from the Clerk’s desk. It is an important banking bill. It is a dictatorship over finance in the United States. It is complete control over the banking system in the United States. It seems to me that the casual reading which I have given to the bill indicates clearly that if banks are permitted to open tomorrow morning, only those banks which do open will be permitted to operate. Other banks that do not open tomorrow morning will be opened under a limited receiver-ship or a receivership. It is a protection for the solvent banks of the United States first. Of course it may be that the banking system is in such shape that it is necessary to deal with it in this manner. I have been calling attention for some years past to the manner in which the Federal Reserve System has been conducted, and have predicted that it would lead to this kind of a situation. We have, step by step, been proceeding along the lines of centralization. Attempts in past meetings of this Congress have succeeded in enacting increasingly centralized banking plans. This gives supreme authority to those people who have wanted to control the finances of this Government, through a centralized system, to have such a system. I wish, and I hope for the new administration all success. No one wants the new administration, under the leadership of President Roosevelt, to succeed any more than I do. I  shall go as far as any other man to see that success comes to it, but I say now to that leadership that the first thing that must be done is to audit the United States Treasury. [Applause.] We want to know, the people of the United States want to know, the condition of the Public Treasury and the obligations that are outstanding. We want to know the amount of gold in the United States Treasury, and we want to know the amount of gold in the Federal Reserve System. We want to know the total amount of outstanding Government obligations. This is a time to draw a line, and may I say to you Democrats here that if you do not draw a line through the Treasury operations now and the Federal Reserve operations, you will be enmeshed in all the things that they have been doing, and they have been doing some things, as I have pointed out heretofore, or we would not be in the condition we are in today. I want to know, so far as I am concerned, that this bill represents the ideas of the new administration-the new deal.

Con’t: “I shall help to carry it through if it is that. If, on the other hand, this bill has been proposed and written by the same influences that are responsible for this financial situation, I shall fight it and do everything that I can to defeat it. It seems to me there is authority here to continue the Federal Reserve operations under the same management, and it seems to me I can see much in this bill that can be abused and that may have been dictated by the same banking influences that are responsible for our present predicament. I hope that is not so, but I do want to impress upon this House and upon the administration the importance of going to the bottom of this situation. This situation demands a house cleaning. Confidence in this country will not be restored until the people of the country know the condition of the United States Treasury and the condition of the Federal Reserve banks.
    It is difficult under the circumstances to discuss this bill. The first section of the bill, as I grasped it, is practically the war powers that were given back in 1917, with some slight amendments. The other gives supreme authority to the Secretary of the Treasury of the United States to impound all the gold in the United States in the hands of individuals, corporations, or companies for the purpose, I suppose, of bringing together that gold and making it available for the issuance of Federal Reserve notes.

    “If the Republican Party had released itself from the clutches of Wall Street and expanded the currency immediately after the stock-market crash in 1929 or within a year after the crash, our people would have been saved from this awful money panic. Our President will doubtless ask amendments to this new law when conditions are more normal and when it is better understood. Under the new law the money is issued to the banks in return for Government obligations, bills of exchange, drafts, notes, trace acceptances, and banker’s acceptances. The money will be worth 100 cents on the dollar, because it is backed by the credit of the Nation. It will represent a mortgage on all the homes and other property of all the people in the Nation.”–

    “Mr. LUNDEEN. Mr. Speaker, today the Chief Executive sent to this House of Representatives a banking bill for immediate enactment. The author of this bill seems to be unknown. No one has told us who drafted the bill. There appears to be a printed copy at the Speaker’s desk, but no printed copies are available for the House Members. The bill has been driven through the House with cyclonic speed after 40 minutes’ debate, 20 minutes for the minority and 20 minutes for the majority.
    “I have demanded a roll call, but have been unable to get the attention of the Chair. Others have done the same, notably Congressman SINCLAIR, of North Dakota, and Congressman BILL LEMKE, of North Dakota, as well as some of our other Farmer-Labor Members. Fifteen men were standing, demanding a roll call, but that number is not sufficient; we therefore have the spectacle of the great House of Representatives of the United States of America passing, after a 40-minute debate, a bill its Members never read and never saw, a bill whose author is unknown. The great majority of the Members have been unable to get a minute’s time to discuss this bill; we have been refused a roll call; and we have been refused recognition by the Chair. I do not mean to say that the Speaker of the House of Representatives intended to ignore us, but everything was in such a turmoil and there was so much excitement that we simply were not recognized.
    “I want to put myself on record against a procedure of this kind and against the use of such methods in passing legislation affecting millions of lives and billions of dollars. It seems to me that under this bill thousands of small banks will be crushed and wiped out of existence, and that money and credit control will be still further concentrated in the hands of those who now hold the power. – Page 76-83, Congressional Record, March 9, 1933 House of Representatives. (2)

    “Since March 9th, 1933, the United States has been in a state of declared national emergency…” (Senate Resolution 9, 93d. Congress, 1st. Session, Forward, 1973) (Unverified)

    In January 1934 Congress ratified all acts which had been performed under the Emergency Banking Act. 48 Stat. 343 (1934); 12 U.S.C. 213 (1970).


    The New Deal was announced in Congress in March 1933. The executive order was given in April. The gold had to be deposited in the Federal Reserve Banks by May 1. The congress proclaimed its public policy in House Joint resolution 192 in June. The new public policy was that no creditor on this new mortgage could require payment in any particular form of US coin or currency. As creditors, the people could not require payment for any new mortgage in gold. Neither could any other creditor. That New Deal made the people who participated in the salvation of the US corporation, creditors. It also made debtors of the US corporations their officers, agents, and employee – including all the straw men. The living flesh and blood people became those creditors and their corporation with its NAME IN ALL CAPS became the surely for this debt. This is why it’s extremely important NOT to confuse the two and to know exactly who you are in law and commerce. 

    “When Congress declares an emergency, there is no Constitution…” – Congressman Beck, Congressional Record, Farm Bill, 1933 (Unverified)

    On June 5, 1933 Congress passed HJR-192 – Public Policy Insurance
    This was for the public’s protection, this is the KEY to understanding your freedom, financially. This public policy insurance was put into place in order to “indemnify” you, and every member of the “public.” They removed the gold from circulation, and that created an impossibility to actually “pay” for anything, so therefore, an impossibility was created. The does not create impossibilities though. Now, nobody was responsible for paying any debts anymore with “substance”, i.e., gold or silver. All debts could now be “discharged” with a promissory note, or a promise to pay, and all debts could be extinguished with a signature, which creates the credit to pay off the debt. Here is the text of the measure:
    “To assure uniform value to the coins and currencies of the United States.
    “Whereas the holding of or dealing in gold affect the public interest, and are therefore subject to proper regulation and restriction; and

    “Whereas the existing emergency has disclosed that provisions of obligations which purport to give the obligee a right to require payment in gold or a particular kind of coin or currency of the United States, or in an amount in money of the United States measured thereby, obstruct the power of the Congress to regulate the value of the money of the United States, and are inconsistent with the declared policy of the Congress to maintain at all times the equal power of every dollar, coined or issued by the United States, in the markets and in the payment of debts. Now, there-fore, be it
    “Resolved by the Senate and House of Representatives of the United States of America in Congress assembled, That (a) every provision contained in or made with respect to any obligation which purports to give the obligee a right to require payment in gold or a particular kind of coin or currency, or in an amount in money of the United States measured thereby, is declared to be against public policy; and no such provision shall be contained in or made with respect to any obligation hereafter incurred. Every obligation, heretofore or hereafter incurred, whether or not any such provision is contained therein or made with respect thereto, shall be discharged upon payment, dollar for dollar, in any coin or currency which at the time of payment is legal tender for public and private debts. Any such provision contained in any law authorizing obligations to be issued by or under authority of the United States, is hereby repealed, but the repeal of any such provision shall not invalidate any other provision or authority contained in such law.”

    Since 1938 we have had public policy and not public law. 1938 was when Roosevelt made a deal with the creditors.

PROCLAMATION NUMBER 2914 [Dec. 16, 1950, IS F. B. 9029]

    Proclaiming the Existence of a National Emergency by the president of the united states of America, a proclamation. Harry S. Truman. By the President: Dean Acheson. Secretary of State.

     In 1950, declared “bankruptcy and reorganization.” Secretary of Treasury appointed receiver in the bankruptcy [Reorganization Plan, No. 26, 5 U.S.C.A. 903; Public Law 94-564; Legislative  History, Pg. 5967] (3)


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Chapter 17