The Brown View is Flawed:
Exposing an Attorney’s Habitual Mistakes
by
Paul Andrew Mitchell, B.A., M.S.
Private Attorney General, 18 U.S.C. 1964(a)
Summary: This article
exposes several widespread errors that appear in attorney Ellen Brown’s article
entitled “Japan shows how to defuse debt time-bomb,”
as published in The Asia Times on May
28, 2011.
Beginning any article with a dubious quote by a former Vice Chairman of the Federal Reserve is one way to demonstrate a writer’s habitual bias. Ellen Brown quotes Alan S. Blinder as wondering why any responsible person would “flirt” with the idea of “threatening default” on a government’s debts. Right out of the gate, Brown and Blinder appear to be disconnected with some key historical facts.
Number one, the U.S. Federal government was secretly bankrupted in the year 1933, exactly 20 years after the Federal Reserve Act was pushed through Congress under very questionable circumstances. Instead of telling the truth, Brown repeats the same old song and dance that FDR declared a “bank holiday” and took the U.S. off the gold standard. Brown also prefers to conceal that secret bankruptcy.
Attorneys are supposed to be officers of the Courts, and they are also charged with knowledge of the law. House Joint Resolution 192 was only a Resolution, and Resolutions are not Acts of Congress.
Number two, in March 2009 the U.S. Federal government did publicly admit bankruptcy by declaring its insolvency before the U.S. Bankruptcy Court for the Eastern District of Washington State. Specifically, the United States declared its insolvency with respect to obligations allegedly owed to the Federal Reserve banks.
This formal declaration was done for some very important legal and historical reasons. Chief among those reasons are the lack of any Act of Congress which creates a specific liability for income taxes imposed by subtitle A of the Internal Revenue Code, and the key bankruptcy law which activates an automatic STAY prohibiting any further collection efforts by a bankrupt debtor’s creditors.
Number
three, Federal income taxes are not being used to pay
for any Federal government services. The
Grace Commission found that those funds were being used to pay for interest on
the Federal debt, and income transfer payments to beneficiaries of entitlement
programs like Federal pension plans.
It
is here where Brown takes another giant detour from reality and repeats another
insidious lie, namely that “the Federal Reserve now returns the interest it
receives to the government.” It is sheer
nonsense to confuse a law, on the one hand, and compliance with that law, on
the other hand. The gangsters who
currently rule the roosts on Wall Street have never seen a law they didn’t like
to break.
Brown’s
is another truly astounding statement, particularly in light of the fact that the
Federal Reserve has never been audited.
And, despite courageous efforts by Rep. Ron Paul and his Co-Sponsors in
the U.S. House of Representatives, it does not appear that the Federal Reserve
will be audited any time soon either.
So,
it is rather disingenuous to claim that the FED “returns the interest to the
government” when no audit confirming that claim has ever been done, not since
the birth of the FED in 1913, right up to now and most probably tomorrow too!
The
FED really should be abolished immediately: spending millions in taxes on an
audit of the FED is a gigantic waste of time and money. It assumes cooperation on the part of “banksters” who have already demonstrated their own habitual
contempt for the rule of law in America, spanning many generations.
If
you have any doubts about the last sentence, just treat yourself to a careful
viewing of the film “Inside Job,” directed by Charles Ferguson. While you’re watching that excellent film, do
yourself a favor and make a list of all the key players who refused to be
interviewed during its production.
Now,
onto the biggest error in Brown’s superficial article: allow the Treasury to borrow directly from
its own central bank, interest free.
In
point of fact, what Americans will never hear from Wall Street partisans like
“Mr. Blunder” is the direct coupling that currently exists between money
creation in America, and increases in the debt ceiling authorized by Congress.
This
coupling is diabolical at best, chiefly because Congress has already enacted
laws which expressly define Federal Reserve Notes as “obligations of the United
States”.
Obligations to whom? Obligations to what? You ask!
Instead
of allowing the Federal Reserve to perpetrate its long standing structural
thefts from the American People one more day, the solution which all Americans
need to contemplate is utterly simple in its effectiveness: the Bureau of Engraving and Printing needs to
stop printing U.S. bonds that end up in the hands of corrupt banksters, and start printing U.S. Notes that end up in the
hands of Federal employees and Federal government contractors -- for services
rendered.
Brown
is correct about this one thing: such
U.S. Notes can and should be issued “interest free”. This simply means that U.S. Notes will not be
legally defined as “obligations of the United States”. Certainly not to a central bank which is
corrupt from head to toe, and has been ever since its creation in 1913, to say
nothing of the predatory tendencies of this private syndicate’s major
stockholders.
Those
major stockholders have already become filthy rich from this systematic
rip-off; it’s time they politely removed themselves from the financial stages
of America, and elsewhere in the world too.
Lastly, all Federal Reserve Notes, currently circulating anywhere on planet Earth at the present time, need to be recalled in a generous, well publicized and non-invasive program of over-the-counter exchanges, one-for-one, in which all American banks and financial institutions are authorized to participate.
The U.S. Treasury already knows how to write rules, and the Regulations required to implement this recall of FRNs are a simple and straightforward task for many career public servants employed by that Department. If they balk at this simple task, they should be retired and replaced with public servants who can and will do it right.
About the Author: Paul Andrew Mitchell is a Private Attorney General currently living and working in Seattle, Washington State. He was the Principal who legally represented the United States before the U.S. Bankruptcy Court for the Eastern District of Washington. His website is the Supreme Law Library: www.supremelaw.org