Lions and friends…
Due to popular demand, I did watch The Great Taking Documentary- (link below).
After watching this documentary, I KNOW FOR A FACT! That there is not a single person who follows my work who did not know all of this already- from YEARS ago.
Still, its worth watching as a reminder.
Much love,
GM
I guess holding ETFs like JEPI, commodities, etc. is a waste of time if the brokerages (including IRAs, 401ks) have pledged client assets as collateral against their massive derivative exposure. Physical metals and crypto in your hands and unencumbered real estate looks like the only potential safe havens. That's the show.
I have been following Greg's posts for over 4 years. In regard to “The Great Taking,” I first downloaded the free pdf book last October. I then listened to various opinions about it by various Austrian oriented economists such as Jack Gamble and Mario Inneco. Then, when it was available, I watched Webb’s 1h10m documentary. I learned many things I never knew before. One was that when FDR declared a bank “holiday," and after a week or so, permitted them to re-open, but only the ones favored by the Fed were permitted to re-open. The others remained shut and their depositors lost all their money. Much much more money was lost by the middle and lower classes from the bank failures than via the stock market, though the latter is always touted by the shitstream media for 80 years. I also learned that they have changed the laws, primarily via the Uniform Commercial Code through individual lobbying (bribing) of the 50 states separately since the 1960s to affect their changes from previous felony fraud to “legal.” They did this in order clandestinely “to stay under the radar of public awareness,” as opposed to doing so via the federal government. This was “validated” by the court when JP Morgan, who was the **custodian** of equities which Lehman Bros. brokered, was awarded ownership of all of them as the court ruled that Morgan was a “member of the PROTECTED” class and thus entitled to them. Before the changes, this would be considered criminal fraud of the worst kind. I could go on and on, but I will rest with the examples above.
I recommend that everyone read the book carefully. Webb documents his findings by inserted portions of the changes of the “law." I have to admit that I just scanned them as they were written in pure shyster gobbledegook, but the remainder was both valuable and interesting. I also strongly recommend that one does not skip the prologue which is in essence a quick autobiography, and explains how Webb, from his childhood days, became interested and obsessed in this area.