This is the most important chapter in The Great Taking series that I will produce. If you grasp this, then the entire scheme of how ‘they’ will “legally” steal all of your financial wealth.
However, you may need to review it a few times because it is the absolute Heart of Darkness, and because it is, it has been layered over with unnecessary complexity.
As with all things in a “legally” corrupt society, the complexity is a feature of the scam as it is designed to thwart inquiry by all but the hardiest of explorers. Luckily for everyone, I am both persistent enough to get to the bottom of things and bright enough to make sense of the nonsense.
The conclusion of this episode is simple to relate: Nothing and nobody can prevent protected banks and financial firms from removing securities pledged as collateral by any broker, broker-dealer, clearing party, or any of a number of other financial intermediaries that stand between your security entitlement and the issuer of ‘your’ stock or bond holding.
This is courtesy of the “safe Harbor” provision which is triply indicated and reflected in Titles 11 & 12, as well as UCC Article 8. You know, just in case anybody wasn’t quite getting the hint.
It is astounding that this is how things are arranged, but that’s really not surprising in a corrupt country that has entirely lost its moral underpinnings and has legalized theft and corruption in its laws.
Knowledge is half the battle.
The other half is contained in Part II of this special report where I discuss in detail two additional ways you can protect your cash and bond holdings.
As always, here at Peak Prosperity, we scout for things that are important to your life, and always provide some sort of a response or solution to identified problems and predicaments.