One of the recurring "themes" on the financial blogosphere is that the US itself is collateral for our un-payable loans. The actual public lands are subject to seizure for debts.
"This means that in the event the US Government defaults on its financial obligations to China, the Communist Government of China would be permitted to physically take -- inside the USA -- land, buildings, factories, perhaps even entire cities - to satisfy the financial obligations of the US government."
http://whatreallyhappened.com/content/f ... a-us-debts
"This brings us to the issue of collateral. We've borrowed so much money the lenders are getting nervous. Back during the Johnson administration Charles DeGaulle demanded the United States collateralize the loans owed to France in gold and started carting out the bullion from the treasury. This caused several other nations to demand the same and President Nixon had to slam the gold window closed or the treasury would have been emptied, since the United States was even then in debt for more money than the treasury could cover in gold.
But Nixon had to collateralize that debt somehow, and he hit upon the plan of quietly setting aside huge tracts of American land with their mineral rights in reserve to cover the outstanding debts. But since the American people were already angered over the war in Vietnam, Nixon couldn't very well admit that he was apportioning off chunks of the United States to the holders of foreign debt. So, Nixon invented the Environmental Protection Agency and passed draconian environmental laws which served to grab land with vast natural resources away from the owners and lock it away, and even more, prove to the holders of the foreign debt that US citizens were not drilling. mining, or otherwise developing those resources. From that day to this, as the government sinks deeper into debt, the government grabs more and more land, declares it a wilderness or "roadless area" or "heritage river" or "wetlands" or any one of over a dozen other such obfuscated labels, but in the end the result is the same. We The People may not use the land, in many cases are not even allowed to enter the land. "
http://whatreallyhappened.com/WRHARTICL ... oodoo.html
It's hard to say if there is any truth to these allegations. It is true that the US is not developing it's domestic oil [Bakken, Gull Island,, Ca. coast] Many of our mineral resources are undeveloped,,,, supposedly because foreign prices are too much lower than our production costs.
Our debt is clearly unpayable. Just what are we going to do???? sell the place?
"Rothschild personally conducted the monetary matters and the creation of this WORLD CONSERVATION BANK. This bank would refinance by swapping debt for assets. A country with a huge national debt would receive money to pay off the debt by swapping the debt for wilderness lands"
http://www.ireport.com/docs/DOC-197641
" When James Baker made his keynote speech in 1987, he stated that, "No longer will the World Bank carry this debt unsecured. The only assets we have to collateralize are federal lands and national parks." Baker's definition of federal lands includes Heritage sites, of which there are about 20 in the United States. I say "about" 20, because they are being added on a regular basis. As I write this article, Congress is about to vote on a proposed Rim of the Valley National Park that would include over 500,000 acres of National Forest land and 170,000 parcels of private property including many farms and ranches. At the same time there is a bill before Congress called the Northern Rockies Ecosystem Protection Act that would increase the acreage of designated wilderness by 50% in the lower 48 states"
This is an article from Oregon Senator Doug Whitsett that is chillingly accurate;
http://www.klamathbucketbrigade.org/Whi ... 041709.htm
"Wayne Hage postulated in his 1989 book Storm Over Rangelands that our creditors expect collateral in the form of an implicit mortgage on the land owned by the United States government. Mr. Hage suggested that the near exponential growth in lands being set aside for environmental preservation had more to do with providing collateral for our lenders than with preserving the environment for our posterity."
"Those nations and banking entities that have loaned the United States trillions of dollars consider these gigantic reserves the collateral that secures their loans. They want these resources, their collateral, preserved until the loans are repaid. The direct result is that our government continues to exclude more and more of our vast natural resource wealth from development in direct proportion to the growth of our national debt."
"The Alaskan National Wildlife Refuge that holds billions of barrels of easily recoverable oil and huge quantities of natural gas is banned from development. The Staircase Escalante National Monument that holds one of the world’s largest coal deposits is excluded from mining. The Green River Basin that holds more oil in its oil shale deposits than mankind has ever used is banned by presidential order from exploration and development. The vast Bakken formation in Montana and the Dakotas also holds more known recoverable oil resources than man kind has ever used and is also off limits. United States companies are forbidden from exploring and developing known oil and gas resources on our outer continental shelf"
"The rate of acquisition of private lands by the federal government has also increased dramatically in recent years. The most usual method is for non-government conservation organizations to purchase the “last great placesâ€
I don't post things because I believe that they are the absolute truth. I post them because I believe that they should be considered.
