Thread: NESARA

I was told about this website trying to get the information out about a law passed in 2000. Not sure if it's true or not but this is what would happen if so.

National Economic Security And Reformation Act (NESARA)

1. Restores Constitutional Law in the USA.

2. Requires the current US administration to resign their positions to allow a fresh start at the national level and installs Constitutionally acceptable NESARA President and Vice President Designates until new elections can take place within six months. Bush and Cheney will be resigning and the Cabinet and Appointees by the President, and all members of Congress must resign within 72 hours of NESARA’s announcement.

3. NESARA US President Designate declares "peace" because NESARA abolishes unconstitutional states of emergency.

4. As partial remedy for 100 years of government and banking fraud, credit card balances are zeroed out and bank debt relief is given to Americans for bank loans including mortgages, car loans, education loans, business loans, and other bank debt. Banks will be paid $9000 per each credit card account with a balance; these funds were raised in special revenue generating activities in Europe. NESARA requires other bank debts be made self-liquidating loans and US banks are instructed to use new high revenue generating processes to pay off Americans’ bank loans.

5. Initiates the US Treasury Bank System with new U.S. Treasury currency backed by precious metals. The Federal Reserve is abolished and Federal Reserve facilities and most personnel are absorbed into the Treasury Bank System. We will be exchanging our Federal Reserve notes, which are not backed by gold, for the US Treasury currency which is backed by gold. Many bank personnel have already been trained on NESARA and the new currency is already in some banks’ vaults.

6. Abolishes Income Taxes in US and creates a national sales tax on new, non-essential items as revenue for government. Essential items such as food and medicine, and used items are exempt from the sales tax.

ok apparently I saw the altered version. This is just a proposal and I'm sure will never be passed into law.

Supporters of the altered version of the NESARA story believe that NESARA was enacted into law secretly during the Clinton administration, that there are “White Knights” working tirelessly behind the political scenes to inform the world of this secret legislation, and that the altered version of NESARA promises numerous debt forgiveness elements. Originally, the altered story did not dispute the original NESARA acronym used by Dr. Barnard, but as the rumors increased, supporters then also altered the NESARA acronym.
Although little more than a curiosity for a few years, the altered version of the NESARA story took on a life of its own and now grows throughout the world wide web much like a cancer. So influential is this alternate effort that many people have protested outside the World Court, and some people have paid thousands of dollars to advertise their version of NESARA on the side panels of advertising trucks in Washington, D.C.
Sadly, this disinformation campaign has reduced the credibility of Dr. Barnard’s efforts and today the word “NESARA” is an ill-received word at Congress. To this day Dr. Barnard’s NESARA proposal has yet to be introduced into Congress.
The staff at the NESARA Institute understands part of the emotional and psychological reasons why people support the alternate version of NESARA. Dr. Barnard intended to provide meaningful social reform through his NESARA proposal. He believed that no meaningful social reform was possible without meaningful monetary system reform. Dr. Barnard believed that although individual units of money were privately owned, the monetary exchange system itself was owned by everybody and that the system must be fair and equitable to all people at all times and not just benefit a few politically privileged people.
Part of that monetary reform required modifying the fundamental equations that drive the current economic system, primarily through the socially disruptive concept known as compound interest. By restructuring those equations Dr. Barnard believed that meaningful monetary reform was possible. Restructuring those equations necessarily implied a shift in the character of debt. Debt would not disappear, but most people would find themselves in debt for shorter periods. This effort would return resources to people so that they once again tasted and experienced meaningful social liberty.
Unfortunately, many supporters of the alternate NESARA story interpreted this change in the character of debt as a debt reduction or debt forgiveness plan. Perhaps more sadly is that several investment schemes and prosperity programs circulate around this alternate NESARA story and because so many people desire meaningful monetary reform, find themselves succumbing to the Siren’s lure and provide these schemers money. Money that is never again seen nor is any return on investment ever realized.
Of course, the alternate NESARA story rests upon a conspiracy theory in that NESARA allegedly was passed secretly. Thus, researchers can ask for a copy of this alleged act, but will be told that no copy exists because of the secret passage. Dilgent researchers are reminded of the impossiblity of honestly investigating this alternate version of NESARA and that such difficulties should provide clues about authenticity. Additionally, the process of enacting a legislative proposal and bill into law is easily understood by surfing the web. Researchers will learn that no proposed legislation or bill is ever enacted secretly. Of course, the copy of NESARA proposed by Dr. Barnard is available here at this web site, as well as in Draining the Swamp.
There also are claims from supporters of the alternate NESARA that Dr. Barnard and NESARA Institute staff members all work for President Bush or other nefarious “New World Order” organizations. They also claim that NESARA as presented here at this web site is merely a ploy to detract people from knowing the so-called “true” NESARA.
Before investing funds with anybody, one should diligently research the investment plan. That research includes reading literature, conversing with people, and then seriously evaluating the information based upon facts and not pure emotion. The staff at the NESARA Institute empathizes with those who have lost hard earned funds to these schemers and scam promoters, but a life of social liberty begins first and foremost with self-responsibility. Perhaps one day the alternate NESARA story will fizzle and disappear, but as long as people act and respond through emotion rather than intelligence then these scam artists will continue to succeed.
Some people believe that there is no such thing as bad publicity, but many serious NESARA advocates now realize that there also is a point of no return with some kinds of publicity. Credibility becomes a factor because of the effort to circulate the alternate NESARA story. Serious advocates of Dr. Barnard’s NESARA idea would like to see NESARA introduced into Congress. Serious advocates realize that doing so is an uphill battle simply through the fundamental political process, but that the alternate NESARA story makes that hill steeper and more difficult to climb. True monetary and fiscal policy reform still await. Social conflict continues because of the flawed equations that drive the system.

Interesting...while parts of it are actually aginst the Constitution (everyone being forced to resign, etc.) the flat Sales Tax is a nice idea - buy more non-essential crap, you pay the tax. The zeroing out of credit cards is BS...that is not debt relief...no one forced anyone to use the credit cards.....

Sadly no serious debt solution will be acceptable as long it requires people to be accountable for their own spending. As long as people have the mentality of "I only earn minimum wage, but I deserve a wide-screen TV!", you will have debt problems.

Not only do the issues of overcompensation and equitable wages need to be address at the top, but also the fiscal irresponsibility at the bottom.

The idea of saving up for something and then buying it seems lost on folks.

Equitable salaries are not a new idea...management in Japan earns a multiple of the worker's salary. I think that is a great idea, especially given the parade of losers who have raped US companies to line their pockets (Enron, WorldCom, etc.). I think the salaries of executives should be a multiple of the worker's salaries and even then capped at a percentage of net revenue, decided by the Board of Directors and stockholders. The rest would go back into the company and to the stockholders....thus pumping more money into the economy.

We are about the "Pursuit of happiness"...there is no guarantee that you get it...people have forgotten that. Still, leveling the playing field never hurts

But if execs aren't making all that money...what will happen to all the golf courses?


Greg

Originally Posted by WireBeard

Sadly no serious debt solution will be acceptable as long it requires people to be accountable for their own spending. As long as people have the mentality of "I only earn minimum wage, but I deserve a wide-screen TV!", you will have debt problems.

Not only do the issues of overcompensation and equitable wages need to be address at the top, but also the fiscal irresponsibility at the bottom.

The idea of saving up for something and then buying it seems lost on folks.

Over here this is less of a problem for 2 reasons I think.

1) you only get paid monthly, not weekly. This means that you are forced to do some planning. since you have a planning, you can plan to save. (since you have to plan anyway, the threshold is lower)

2) credit cards are not popular. If I go to the store to buy a tv, I pay with my back card. The second I enter my pincode and confirm, the money is gone from my account. No 'balance due in 2 months' and importantly: 'no money -> no tv'
credit cards do exist (I have a visa) but are usually only used for business purposes, travel or internet payments.
The fact that normally you can only spend money that you have also forces you to plan your spendings.

The ONLY debt that is socially accepted in Belgium is amortgage because virtually nobody can pay a house in one go. and even if you could, you wouldn't for tax reasons.
Generally our reasoning is 'don't buy what you cannot afford to pay for'

Originally Posted by WireBeard

As long as people have the mentality of "I only earn minimum wage, but I deserve a . . .

I don't even make minimum wage. All the criminals crossing into the u.s. illegally and participating in identity theft are taking all the jobs that I could have effectively performed when my network analyst job was outsourced to India .


I'm unemployed and I deserve a decent job that's being given to criminals immigrating illegally!

Oh wait this is about misinformation and urban legends. Nevermind . . . I'll go quietly .