Why Bankruptcy Is Honorable

WARNING: THE AUTHOR DOES NOT ENDORSE ANY "DEBT REDUCTION" OR "DEBT SETTLEMENT" PROGRAMS THAT MAY BE ADVERTISED THROUGH GOOGLE ON THIS PAGE. THE AUTHOR HAS OBSERVED THAT PEOPLE DUMP LARGE AMOUNTS OF MONEY INTO THESE OUTFITS ONLY TO BE SUED BY THE CREDITORS WHO ARE FORCED TO WAIT FOR PAYMENT. AND THOSE LAWSUITS EVENTUALLY FORCE THE DEBTORS TO FILE BANKRUPTCY ANYWAY AFTER SUFFERING GREAT DAMAGE TO THEIR LIVES. BANKRUPTCY INVOLVES A ONE-TIME FEE, IT CAN BE FINISHED IN ONLY A FEW MONTHS, THE AVERAGE DEBTOR LOSES NONE OF HIS/HER UNENCUMBERED PROPERTY, AND THE BANKRUPTCY DISCHARGE STARTS RESTORATION OF CREDIT STANDING. A TYPICAL DEBTOR CAN EVEN GET A NEW HOME LOAN IN ONLY TWO OR THREE YEARS AFTER FILING A BANKRUPTCY.

That said, let's see why filing Bankruptcy is honorable:

By definition, "Slavery" exists anytime one person owns the fruit of another person's FUTURE labor. An "indentured servant" is a slave who has been deprived of freedom by reason of debt. The indentured servant must work for the master, or surrender the fruits of labor, until his debt is paid. Credit cards and mortgages give rich bankers ownership of the debtor's future labor. This means that most AMERICAN people are SLAVES of bankers who they never even see.

100 years ago, only two percent of our people had mortgages on their homes and lands. Today, only two percent do not have mortgages and the average family must decide between paying credit cards and buying food. 100 years ago, America was FREE. Today, America is a nation of debt SLAVES who still think that they are "free." So, what happened?

In 1913, the Federal Reserve Bank was granted an exclusive franchise to dominate our entire economy. The Federal Reserve Bank is no more owned by our government than is FEDERAL EXPRESS. Both are privately owned business enterprises. The stock ownership of "Federal Reserve Bank" is legally held by a half-dozen of the largest banks in America. However controlling interests in those banks is in turn owned by a half-dozen very rich, old American families, and the British-Israeli Rothschild family. Ultimately, those families possess total control of our economy and the financing of our government. All government tax receipts are deposited to their benefit in their bank. They direct the lending of this money throughout our economy and all profit flows to them. Because of this great money power, these families must be pleased by anyone with political aspirations. Without their blessing, candidates simply will be made to fail. This is the third central bank ever granted an exclusive franchise by the federal government. The other two were thrown out of this country in 1811 and 1836, after the owners began using their money power to manipulate elections and the affairs of state.

The first central bank, the Bank of the United States, was established after our Revolutionary war. But it was owned by British interests and was thrown out in 1811. The British invaded our country the next year, and that was the War of 1812. The British army left in 1814, after we agreed to a new central bank franchise. This time the "United States Bank" was owned ostensibly by Nicholas Biddle. But soon the American people realized again that they were being robbed by the wealthy elites and their British friends, and that the bankers were using their money power to manipulate elections and the affairs of state.

When President Andrew Jackson terminated this second bank, the United States Bank, in 1836, he expressly warned the American people that they never again should allow the American financial elite class to establish another central bank that would control the nation's money supply. President Jackson expressly warned that such control over the nation's money gives bankers the ability to manipulate the entire economy to their sole advantage. Jackson warned that if any such private bank would be given exclusive control over our country’s money supply, then it would possess the means for manipulating everything from wages and prices to the outcomes of our national elections. Jackson warned that this class already had demonstrated its utter contempt for the freedoms of the American people and that it would use its money to enslave us if ever given the chance again. This is what has happened to our country.

During the American Civil War, an infamous circular was distributed among bankers in the north by a banker named Hazzard. It said,
“Slavery is likely to be abolished by the war power and chattel slavery destroyed. This I and my European friends are in favor of; for slavery is but the owning of labor and carries with it the care of the laborer, while the European plan, led on by England, is capital control of labor by controlling wages. This can be done by controlling the money. The debt, that capitalists will see is to be made out of the war, must be used as a measure to control the volume of money. To accomplish this the bonds must be used as a banking basis. We are now waiting for the Secretary of the Treasury to make his recommendation to Congress. It will not do to allow the greenback (as it is called) to circulate as money any length of time, for we cannot control it.” (Emphasis added.)

This notorious circular infuriated white citizens who got possession of it. They rightly perceived that these men intended to enslave not only blacks but whites as well, and to do it through a system of slavery.

Today, the Federal Reserve Notes are not “greenbacks” because they are not backed by “green ink alone,” as were the old United States Notes that were used from the time of Andrew Jackson until 1913. The Federal Reserve Notes that are issued by the Federal Reserve Bank are promissory notes that are bottomed on debt----since they are secured by “U. S. Government Securities” or “T-Bills” that the Treasury department hands to the Fed bank as collateral for our “national debt.” This is the same system that was promoted by banker Hazzard.

Two generations after President Jackson warned America not to trust our elite class, agents of elite bankers surrounded President Woodrow Wilson in 1913 and reportedly blackmailed him by threatening sexual scandal. The result was a third central bank charter and what we now call the FEDERAL RESERVE BANK. Woodrow Wilson's health later broke with mental implications after he was reportedly heard admitting that HE HAD DESTROYED HIS OWN GOVERNMENT. As a result, the Rothschild and other families who still own this bank after nearly 100 years, have been manipulating our economy ever since.

It perhaps is an impossibility to bottom an entire monetary system on debt and not force the entire population of citizens into its grasping vortex. Seemingly this is what has resulted.

After being fleeced with excessive debt for nearly 100 years, America has gone from being the wealthiest free people on earth, to being the world's biggest debtor nation---an entire nation of indentured servants who owe all to the British House of Rothschild and to a half-dozen Brahman east-coast families. 100 years ago, only two percent of Americans owed any mortgages on their homes or lands. Now there are not two percent of our people who are not saddled with mortgages to the Federal Reserve subsidiary banks. The average American family now must choose between paying their credit cards and buying food. The bankers now confiscate almost all of our fruit, but we slaves still must feed and house themselves.

What happened? FRAUD ON OUR PEOPLE---that is what I believe has happened!

THE ECONOMY IS RIGGED! Over the decades our economy has been restructured by the rich so as to force middle-class citizens into debt. The Federal Reserve Bank has controlled the value of our wages while their corporate allies have raised the costs of everything we need. This has squeezed our people. Now, every time you think you are about to get ahead, the Federal Reserve Bank ups the interest rates and back you go again. By the time you pay for a car it is wearing out and back you go again. By the time you refinance to a lower interest rate, the same men raise the cost of your gasoline and heating fuel, and back you go again. The bankers also own the insurance industry, so when your wife gets pregnant and you take her to the hospital, you get wiped out again. The way I see it, the whole economy has been rigged by bankers and corporate Czars for their benefit alone.

This no longer is a land of the free and our government no longer is one of the people, by the people or even for the people. Everything of real value is owned and controlled by the rich who can pay for votes in Congress. We have been reduced to nothing but slaves to earn profits for the rich. You never will get ahead so long as bankers can own most of your future labor. You are a slave and you still must feed, clothe and house yourself. Even the black slaves in the Old South where treated better than that, where many even were regarded as members of the owner's household.

In June, 1963, President John F. Kennedy tried to free the American people from this slavery. That was when President Kennedy issued an Executive Order, No.11110, that required the Secretary of the Treasury to begin issuing large denomination Silver Certificates, Gold Certificates and United States Notes in $5, 10, 20, 50 and 100 dollar bills. The former were to be backed by silver and gold. The latter, United States Notes, were to be real "greenbacks" just like the ones our government issued from the time Andrew Jackson sent the second bunch of central banking scoundrels packing back to England, until Woodrow Wilson got us skewered by the Federal Reserve mobsters. This was to put the Federal Reserve Bank out of business and to get our country out of debt. Eight months later, Kennedy was apparently was murdered by the Central Intelligence Agency: See DVD sets produced by the HISTORY CHANNEL, entitled, "THE MEN WHO MURDERED KENNEDY" which is available online from HISTORY CHANNEL or from any good bookstore.

After Kennedy was murdered, these "powers that be" kept our nation destabilized and in violent chaos for 10 years. A sex revolution was orchestrated that still makes "families" a thing of the past in America. Again, social chaos was the object. If the population consists mostly of people with chaotic lives, then the people will care less what a government is doing to them. Besides, slaves have no need for "family." Lineage, legacy and inheritance---those are things only for FREE people. Slaves only need to work! Only now are the real facts about the Kennedy murders becoming known. Many of the families still in national power today were up to their eyebrows in those assassinations nearly 50 years ago, and they now own the rest of us as slaves on "their" national plantation! We all "PICK COTTON" for the rich. Again, see the DVD sets produced by the HISTORY CHANNEL, entitled, "THE MEN WHO MURDERED KENNEDY" which is available online from HISTORY CHANNEL or from any good bookstore.

While enticing Americans to engage in destructive sex practices, our people began being “squeezed” in the marketplace by higher corporate prices for goods and services. Then, our country was flooded with "plastic money" credit cards so that the short-waged people felt compelled to used them. This effectively forced our entire nation into indentured slavery.

Most Americans have handled their finances as responsibly as possible given their circumstances. Yet most of us have been trapped by overwhelming debt. By definition America is a nation not of the “free and the brave” but of the “indentured slave.” Great and small. Rich and poor. Most Americans are indentured slaves.

Good men died face down in mud to give all of us the right to live as free citizens. Why should any of us feel guilty for filing bankruptcy in order to live free of slavery?

"Our" Congressmen gave the bankers what they wanted several years ago when they passed the Bankruptcy Reform law. I was a Republican all of my life until this new law was passed. Now, I am neither Republican nor Democrat, but a Pedestrian. The new Bankruptcy law has tripled the cost of bankruptcy even for the poorest of debtors. It also unfairly places attorneys at risk when they take on any bankruptcy case. This is why so many lawyers now refuse to help poor people file bankruptcies. They are afraid to help people. The Gestapo is looming. It would be nice to know how much the bankers paid Congressmen for passing the new Bankruptcy law.

"Our" Congressmen were concerned about the health of lifeless corporations, but not about the health of the families who elected them. They supported huge monopolistic corporate cartels while ignoring the Anti-Trust law that prohibits such corporate power. They allow the Money Power to raise interest rates on credit cards to 30% at will, and even to charge the new rate retroactively for many months just because a person's payment arrives one day late. But what about the "Truth In Lending Law" that prohibits such practices? Why has Congress allowed legalized Corporate LOAN SHARKING?

I personally confronted Alaska Congressman Don Young in an airport about the affects of the new Bankruptcy law on our poorest people. His response: "They ought to pay their bills." I also asked him why he failed and refused to respond to my letter about family values. He looked away from me and growled, "Don't talk to me about family values, I have a goooood family."

Even though Americans were betrayed by "our" elected officials, there still is some opportunity to get free from debt through bankruptcy. It now is far more expensive than before, but bankruptcy still is possible for those who qualify under the new law. And even the extra cost is tiny compared to the interest that most people are paying to their blood-sucking slave owners at the banks and credit card companies. Why pay 34% interest when you can keep that money and put new shoes on your children? Consulting with a bankruptcy lawyer will enable you to find out if you still will be allowed to get out of slavery by filing bankruptcy. If it is legal for you to do this, then why not cut the shackles from your ankles and wrists and be free?

There is NO HONOR in being the SLAVE. Freedom is yours--paid for with the blood of our fathers in WWII. Merely reach out and accept it.

SO, if your debt is overwhelming, REBEL TODAY! Overthrow the EVIL EMPIRE by filing for bankruptcy! Give yourself a new birth of freedom and start feeding your children like the Americans that they are! BE FREE TODAY!

Copyright©Marvin H. Clark, Jr. 2008
www.morvenhouse.net