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Messages - Ron Besser

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406
GOLD AS THE MOTHER OF ALL DEBT
i asked MICHAEL OF NEBADON  to place this topic under a separate post in this topic.  I happen to believe that gold is so over rated it cannot hold back the ravages of what we have to deal with as a nation or as a world. 

SERARA = "Finally I have the protection needed to speak my piece and that is to bring about a consensus on Urantia, that dependence on gold is useless.  Over all the world has nearly eighty trillion dollars in debt to work off.  That is monetary value already used up by the people who are born on Urantia, and what they pay in credit to purchase goods and services.  Debt of that nature is intrinsic on any planet with humans on it; however, in the case of Urantia, that debt is never worked off because those who supply goods and services, hat to borrow money in the first place to make those goods and services available.  K"

THE DEITY ABSOLUTE. "Ron did what I hoped he would do and asked what is debt but an imaginary accounting that in reality has no plus or minus sign on it except withing a monetary system invented by man?  He is absolutely right, and you Clency see it that way too and wonder when push came to shove, debt is not real because you cannot squeeze paybacks out of a turnip when it has no blood left in it, to mix our metaphors.  In truth, you and Ron are right and the central banks forget they can clear the board and refuse to pay debts imaginary or real at will.  The Bank of Japan did this after WWI, as a defeated nation they broke all the rules and stopped paying for goods and services delivered to Japan until 1953 or so.  Until then each man and woman in Japan had to finance their own households through a barter system still in place in Japan particularly.  Japan will survive much better than the rest of the world entirely in a deep depression we also feel is coming.

"Therefore, we remind SERARA, that Ron and Clency can afford to wait out a deep depression barely because they have both been wisely counseled to stay in liquid assets and Ron insists that US Treasuries are worthless soon enough due to the fact they are an imaginary accounting system that has the idea of a monetary unit worth a given amount of goods and services from other humans, and that is subjective and not objectively well reasoned at all.  Man determines how much something is worth in a currency, not God, and God sees no intrinsic value in a laborer or a prince working to produce a widget every day except that the widget is useful for the moment to another in the community somewhere.

"It is for that reason Ron and Clency both reason they should stay liquid and forget 401 K's and  the like and let the world balance itself on its own ledger sheets and the spend that accounting as they must but no more trusting the instruments of debt as just promissory.  For that reason both Ron and Clency have chosen the right solution to advise others they are never going to play the game of bonds or other instruments of debt national or corporate.  That makes us wonder why the rest of the world does not adopt this policy too, but most people fail to understand money at all.  Ron;s brother has a fortune in gold backed securities but probably loses it all if this thing hits.  It will in some form says SERARA, but it may be a glancing blow in one nation and a dire circumstance in another nation too.  Be assured the timing of recession or depression is a lark and cannot be pinpointed that easily.

"The 2008 deep recession was caused by Japan asking the US for gold and the US saying no because it deflated the currency too much in  the United States not but in Japan and they already were being paid in gold reserves by many other countries and had plenty.  That hurt the US and Japan relationship but they survived it.  Now we understand Japan wishes the US to pay in gold again and has refused again as well.  The point is that man in the US is playing a tricky game and not ready to become happy debtors to Japan or anyone else.  Ron paid cash for his car three years ago unheard of and started a riot of jokes over his use of paper money up here.  But then we looked at it and saw that Ron wished no debt to harass him or heirs and said no, I am not going to play that game at all, and paid it off immediately.  The substantial sum was amortized by the dealer to buys six new vehicles to put on their lot and he is still considered the monk of delivery of goodness to that dealer forever. 

"This just gives you the idea that debt is a roulette.  It truly is and you are never going to hear why that is so without paying attention Ron and nobody is at the door now.  Good.  I am SERARA and you Ron make this easy when I am hearing you clearly.  In any case the idea of debt is ludicrous because it is artificial and the mobs and hit men all paid with their lives for nothing over debt so often we lost count in the resurrection halls just what we lost because of that.  Now this:

"I am SERARA and the last chance we have to chat for a long time is now Ron, so we need to lay a few things on line for you.

1 -  The Magisterial Sons have given in to the height of folly on Urantia and quit the idea of reform entirely.  No more reasons to speak except as friends as you like to call it;

2 -  The Magisterial Sons favor your review for the SER immensely but care nothing about the SERENA style bossing and she is likely to leave shortly due to a new order coming out of Paradise you are to be left unhampered to complete your work period.  This is in respect to the idea that nothing matters to you except to get the SER out and read,  We fully agree with that and support it if we could be there;

3 -  The loss of the Magisterial Missions hits you hard Ron, as you fully believed they were a Renaissance for Urantia, and they would have been, but MICHAEL OF NEBADON cannot afford to be out of the fairness of a Paradise FATHER who sees to all needs he cannot bring about Himself.  That is fair and equitable but stop the capitalization when I speak.  Be assured that is the old fashion idea Machiventa Melchizedek insists upon now.  That Renaissance will come by man alone and that is far, far, far away from what we could have done.  Be assured there is a Jesus component to this which will help a little but that is far away right now.

4 - We are sure you know the rules and regulations of taxes and you are not under the gun yet but be careful Ron on how you handle large sums of money for the Magisterial Foundation and let your accountant know what you are doing so they can help you avoid the problems that will erupt when the US government starts to lose so much income it must declare bankruptcy at the national level and go after any money due it legally.  You so far have followed the prudent course in all matters and that stands well as you are one of the few the IRS trusts to fess up if there is a question about expenditures.  So are this year you are well under what you spent other years over issues of State we had much to do with.  SN the accountant is worth the price but you were outraged by their avarice and decided to do the work on your own where you could and let the rest to a ma and pa shop.  That is not prudent but fair enough for now.  And this:

5 -  The Magisterial Foundation which issues the SER is in need of a transfer of more funds to the account Ron, but you do not have them.  That is the usual fare anyhow and that is how and why a group like this is valuable, but they do not have the necessary funds either.  As a result of that the Michael government at Salvington, must make amends and does so quickly and immediately for you  Those funds are necessary and prudent but never touch Starbridge Group (SG) at all or ever again and dissipate those funds and keep them low as the State has good reason to eye them as capital unworkable until you move it out and claim near zero in that account.  Buy nothing but make sure you show the income going out for services to the Magisterial Foundation shortly.  We will direct them for you.

6 -  The United Sttes will outlast all other countries for good behavior in a financial crisis but the time is coming that the Federal Reserve will end its exculpatory needs for funding others it must keep going like Great Britain truly and likely France.  You are truly outside of your purview but listen we are ready to come back in and stuff this entire regal business of God the Supreme back into place and allow you some peace again Ron.  In any case we assign the US a place to remake the world if it will just lie down and prepared a peace plan it can afford and prepare its true allies France and Great Britain a place in the sun with it.  It has got to amalgamate national governments into the idea of world government with obligatory principles and tie economic well being to its multiple needs to bring the US into the world notice as a super power without harm.  That is its main job for the future and we leave  this alone for now.  Thank you. SERARA and MONJORONSON,  The MAGISTERIAL SONS OF RECORD TO URANTIA no longer. K"

END

407
Clency, you and I are the ones who have some interest in this area.  I am deeply imbued to state that what the Germans are experiencing is mild compared to what the United States is about to suffer.  Right now we are on a high due to the Chinese detailing buying our agricultural products and that tends to inflate our trade balance better than mot countries will experience this fourth quarter of 2019.  However, according to SERARA, the Magisterial Son who is an expert in world economies, the trail to provide Urantia any release from over whelming debt problems has failed in the world bodies we know as the World Bank and even the United Nations to find some agreement on how to cope with a recession in Germany or other EU nations. 


The Promissory Notes from Japan and England are heavily weighted on the idea of recession by those who purchased  them several months ago, and bond sales in the United States did not attract much interest lately either, but we are concerned that those who purchased them might be left holding the bag as no one can determine just what will happen when some major currency fails which it will do.  


Therefore, Clency, and any others, if you have investments in Bonds or other instruments of national sovereignty, get out while you can.  The gold standard is not likely  to come back without a Magisterial Mission, and frankly that type of Mission appears to be so far off the table now we can think of it as a promise desired but opportunity lost.


The acquisition of gold for sovereign security is woefully out of date in my opinion and they will have to rely on debt instruments to get through this mild recession to stay awhile as part of the EU economic downturn.  I worry about Great Britain as the United States has yet to establish good credentials to  the Bank of England as it always did in the past and that is the pretense of Trump playing grand pubbah over not much as usual.  Fully explained I doubt we will ever know to do so, but England will weather the storm mostly because they are already practicing austerity by forcing local government in England and Wales and Scotland to find money to run themselves which is the first time since the second world war.   As an aside, here in the United States, local governments run themselves and tax independently of the US Treasury.  The US is much more secure than most countries mostly because of that.  In France I am not sure where you get the money to run local governments at all.


In any case we are in for a bad blow and let us hope we can get out without a 2008 style deep recession as we are not fully recovered from that one yet either.  K/"


MICHAEL OF NEBADON = "Ron lost SERARA this morning over trials of liberty to speak anymore since the entire matter of Magisterial Sons and Missions is now so far off the table we are not sure if Urantia will ever get such a Mission at all.  Ron finds that deeply depressing and wonders why the remedy they propose cannot be applied while we have an economy on Urantia at all.  


"The sad fact is that Ron and all who support this world reformation have once again been  slapped with an Infinite Spirit tax on using ME or Salvington to run their affairs at all.  Ron runs his affairs by working on the idea of an SER and it is secure for that use, but Serena arrived this morning and bashed him good and he is furious he has to deal with that Order that is so outside of the purpose of using all of you he wonders what evil lurks again in the Supreme as they are the Supreme in the case of Uversa and Urantia all the time.


"God the Supreme survives on Urantia as the Residual Supreme.  That is nothing but a death knell to Ron and to the rest of you, yet you Clency revill in the idea that all gold is worth a sizeable amount of dollars all the time and prefer to deal in it rather than a paper currency.  Fair enough, but you forget that gold has no intrinsic value except what is assigned to it by a world currency controller such as the United States, Great Britain, and lately, China and Formosa of all things.  Let those place alone in your thinking as the are useless soon due to the fact of overwhelming debt crisis coming to the fore to all of Urantia.  I doubt there are enough words to detail to you just how bad the crisis is until all of you get hit with a depression so deep you will all wonder if you can get out of it at all.


"Finally, as an aside to these remarks, let me assure you Ron and Clency and Amethyst and about six others of you on this web site, you are not thrown under the bus again by the Infinite Spirit, but by another agency we seldom hear from and that is not the Assigned Sentinels Ron, but from their neighbors, the Adam and Eves of trial and error somewhat.  They have determined that Ron leaves them cold and silly over issues they consider germain to their defense of  the realm wherever they enter and to use them as adjuncts to the Supreme revelation of an epochal revelation like the SER.  Ron considers them as teachers and feels they need to establish the protocols to best study and apply the SER.  They fully agree but Serena rebuked t hem all with the statement that anything Ron wanted was an anathema to Serena and therefore the Infinite Spirit.  Ron says he believes somebody is so off the saddle on these ideals he refuses to cow tow to the entire idea that Serena should have any influence ever again.  We concur with that view, but until Serena is removed and Ron restored to a health plan it is curtains for all on Urantia who cared about remediation of debt and a way to find good and dependable government.


"Clency:  You and Ron are the only two who care about these subjects yet you are both widely read when you do make remarks about the supply of gold and the idea of recession entering the picture just in the time when full recover from the 2008 recession-depression is about to be made.  Trump has precipitated a huge depression by ordering a war against the Japanese Yen to the point the Bank of Japan has little to do but defend itself against the Federal Reserve's wish to use the Yen as a reserve currency to take pressure off the dollar and that makes Ron frown greatly as why do such a thing to a good ally?   The answer lies in Trump himself and his wish to reveal himself as a democrat, small d, aristocracy much as a time lord in Dr. Who once said, we are Time Lords, but we hardly rule the universe itself.  That is the truth for you to ponder too, all of you, as that which rules the universe is present in Serena and Ron dislikes her very much.  She is unkind and crude in applications of heart or soul yet insists She is the Supreme too.  We sincerely doubt that is the full truth anymore but Ron now must bit another bullet and run out of sight of this Order of care they say, but really a brutal dictatorship by spirit over lands of such poor quality we doubt they can exist long on Urantia at all.


"Israel is pushing its final stay on Urantia before it is crushed with financial gloom so harsh it cannot survive as a country in a democracy without having to throw everyone out of Israel that is not truly Jewish.  The fact is that the Jews in Israel see nothing but gloom already and they are trying to force the central government into a bankrupt position of staying out of world affairs until they get the corruption in government under control.  Netanyahu is no more guilty of such than Golda Meir but is hit with the infamous right so hard he cannot form a unity government and must bow to the others to form one.  They will but it is weak and will collapse at the first sign of trouble.  In any case we remind Americans they are in deep trouble too when the entire matter of debt and  the crisis hits for good and gold will not save anyone this time, I am afraid to report.  Your gold reserves Clency, whatever they may be, are hard to horde when this thing hits very hard.  We speak now to another problem in a following post next.  MICHAEL OF NEBADON."

END  

408
Clency, I never thought of the design of the Magisterial Dollar.

First, please understand the Magisterial Dollar is printed by the United States Federal Reserve.  It is their dollar, but backed by all the gold they need to run it completely and fully as the currency of estate for all of Urantia.  I have given this list some details on how the Federal Reserve and the dollar here meet and become one and I am not doing that today again.

However, the brains behind this idea reside in the Magisterial Son we call SERARA, and he needs to explain to you Clency, that your visions are right on.  Here is SERARA for you:

SERARA = "First Ron fully understands these are Magisterial Son ideas and slightly mistakes how he means what he says above.  He did not give the original ideas for this Federal Reserve accommodation, I did, but he posted it several times as summaries and really was just referring to the fact he posted my ideas.  Fully explained, he feels the same as I do and takes my ideas as his too.

"I am truly tried by the Trump administration taking on a trade war with China as it was just beginning to recognize you cannot do what they do and remain a viable economic center.  You Clency are a budding chemist and banker and they go together.  Ron keeps telling himself you very badly need to be in York with your fellows and work important decisions with ME, the Magisterial Son, and coming COUNCIL OF ECONOMIC REFORM you and Ron serve on as he likewise is a budding banker and wishes you to participate with him in this endeavor.  I also am forcing the issues somewhat with Michael of Nebadon, and that is to establish the MAGISTERIAL BANK OF NORTH AMERICA, and that is subject to change Clency, and to use our bank to run the Federal Reserve portion of currency constraint outside of the Federal Reserve Board Room at this time.   Understand it is part of the Federal Reserve with regard to the Magisterial Dollar but the rest of our bank is separate from US government business. 

We now have MICHAEL OF NEBADON ADD TO THIS CONVERSATION AS FOLLOWS: "I am Michael, and this:  Ron and I have joked about what and how to deal with a name of a bank, the Magisterial Bank, without causing people to misunderstand its purpose.  SERARA seems to think the MAGISTERIAL BANK should divinely control currency issues for the entire world through it, and I feel ti is better to loan the entire world the money through it, and let the Federal Reserve run its own business without them allowed to disturb parity subjects at all.

"I also see Ron liken Clency to a budding banker but he is more a budding Currency Trader than a banker because he sees the advantage of something called arbitrage and making a lot of money at it.  Under the Magisterial Bank of North America, arbitrage no longer exists as interest rates will be the same around the world at any given time and no differences exist county to country as they do now.  Ron used to run arbitrage for Dr. Ilok and nearly succeeded in bring the whole thing off but got caught up with a local banker who was a horror to deal with in all cases and he nixed it before he understood what was offered.  Therefore Clency, look not at York but at Paris,. because we need an office there too and Ron will set you up when the time comes.  Much to be spoken about there but not now."  SERARA now speaks:

SERARA = " I conclude Ron you are deeply interested in these things too and will make reports available.  For now, Clency, the Magisterial Dollar carries a gold seal and a symbol of God placed on all currency that is called the Magisterial Dollar.  Other currencies will be allowed, but I prefer that the one franc note be worth one US Magisterial Dollar.  I think that explains how this will work.  I am SERARA and thank you all for getting this out of me before I explode:


"I am SERARA, ron, and you adore me and Monjoronson and you want us on URANTIA immediately.  Well so be it.  My Council of Equilibrium exists like the Council of Equilibrium exists on Paradise too, and they say your view of the situation on Urantia so squares with our views that you must attend my arrival today at noon New York Time, with my full COURT and that we start invisibly and at once to drain the gold reserves of China to the point it can no longer provide mischief to the dollar trades now underway in Europe.  This is way beyond you Ron, but Clency knows the tricks too, and beware Clency, the self destruction of the Yuan is available if it gets much beyond 7.015 per dollar.  Stay out of the markets for at least six months Clency or you can loose what you have easily.  K."

Ron - I thank you both Michael of Nebadon and SERARA, and folks please pay attention to what you just read about the Magisterial Sons, both SERARA and MONJORONSON, are arriving at NOON NEW YORK TIME 08 AUGUST, 2019 to begin their financial work for Urantia.  I do not know what that means for a Magisterial Mission, but beware if any of you play the currency games at all you might lose your shirts if in gold and the Yuan and the Dollar for now.  Good day.

MICHAEL OF NEBADON = "Ron speaks for all of us.  Now is not the time to enter the capital markets in France in particular, Clency.  In Hong Kong the HK Dollar is set to peel back to a six year low about now, and the Riyal (converts to 27 cents today per Riyal) of Saudi Arabia may crash due to the steep fall in oil price that will not be easy to correct.  Stay out of these currencies unless you know really what to do when they start to wobble.  Michael of Nebadon."

SERARA - "Ron you are being interfered with again and just cut out now.  Thank you. K"

END


409
"Today is the 7th of August.  By the 12th of August there will be, somewhere, a likely financial melt down.  It is likely to be in Asia, but not entirely predictable.

"Clency notes the so called Chinese NASDAQ, and we have God the Ultimate fooling around again we see and we request cessation of  this interference.  Be assured we can blast it free if we have to . . . . . .

GOD THE ULTIMATE - THIS information is priviledged and must cease.  You Ron completely upset us with your reporting. [God the Ultimate you are not the Censor at all . . . ]  I am God the Ultimate and leave.  Good day. 

RON HERE - We let this exchange stand to show that interference by experiential Deity continues on Urantia.  You who transmit will have to be sure you know what you are doing to get clearance to continue at least for the time being.  I appeal to our Superiors to find a way to prevent this interference as it will kill of all development with work on Urantia thrugh normal channels . . .

SERARA - "tHANK YOU Ron and we continue . . .

"The last past year, we have forced a new issue on Urantia and China has taken advantage of the break down in currency discipline once fully controlled by the United States alone.  China just moved 94 tons of gold into its financial system to buttress the Renminbi which in turn is the foundation to the off shore Yuan, and that is the Yuan that has an exchange rate, and now is in the position to take the US Dollar for a real ride into oblivion.  Only if the United States backs it currency in gold will it have equal partity with the off shore Yuan now.

"Ron asked me to comment on this situation and I am glad to do it.  God the Ultimate now sees it is educational and not for financial gain, and Ron correctly reminded HIM that He is not the Universe Censor on these items at all and that settled the issue.  This:

"The Renminbi is the basic Chinese currency.  It is a hold over from Mayo Tse Tung decades ago when the Leap Forward was the thing and China need foreign currencies to trad at a profit for a change.  But the Renminbi has not gotten too powerful and is forcing the US Dollar back into safe haven status, and that in turn forces the Renminbi to flush itself with gold to keep pace with the increasing value of the dollar.  For that reason, China today asked the US Dollar commission to allow the Renminbi rise to dollar status and they refused it by noting it was not a Reserve Currncyy such as the US Dollar and British Sterling and almost the Swiss Franc.  For that reason China became belligerent and shot the dollar down today but failed togain ascendancy much to their grief and surprise.

"We are sure now that the trade war will relsult in the destruction of one or both currencies.  However, the US Dollar has such strength every where that it can sustain a run on the dollar and not be bothered all that much by traders offering a premium to the gold petro Yuan or the gold Renminbi.  This is a superb lesson on currency manipulation, and China is now caught red handed doing just that and is fined by the US Dollar by strenthening against the Yuan in particular now trading just below 7.1 to the dollar.  It's traditional trade is 6.9 to the dollar and just one tenth in less value to the Yuan costs China about one hundred billion in profits.

"if this ever breaks out into a hot war, China has the financial power to lease the United States navy at one hundred billion dollars a day and win the war.  However that is impossible and China in spite of its military and navy buildup is woefully behind in striking power and they know it and are being very careful not to start anything they cannot finish.  

"Finally, the US has to put its financial house into order or it will be crushed by the new currencies the Magisterial Foundation will show the world by backing the Magisterial Dollar to replace the USD.  The USD is worth roughly 97 cents today compared to the 1986 US dollar and that is based on what the dollar then could buy as what it can buy today.  There for awhile the USD was worth more than the 1986 dollar but those days are pretty well gone for now. 

"I conclude that there is every good reason to proceed with the Magisterial Foundation first without a currency involved but we have the full faith and trust of the Salvington Government behind us to back all Magisterial Foundation Dollars to the value of 1.05 compared to the 97 cents the present dollar is worth today.  Following that. the Chinese trade war with the United States will destroy both currencies for already the BOJ is fully dependent on the war to bolster the Yen and Ron looked at it today and wondered what happened since the dollar last week exchanged to the yet and 111 and some change, and today it is 105-106 and increasing in value more.  This indicates and imbalance between the dollar and the yen to almost ten percent of its bond yield in the US bond market, and spells big trouble for Japan if they do not intervene and reduce the Yen back to 111.

"Finally, the USD is not floating against the Chinese Yuan for parity.  Parity means equal to the other.  China has enough wealth to have the Yuan equal to the value of the dollar, yet they spend it over seven times higher to force the dollar to eat the extra value of the Yuan and that is what Trump is so angry over and Trump warned China over a year ago that it dare not exceed 7 Yuan to the dollar or the US would snub the Renminbi and force it off the market.  This has not yet happened, but it will if China goes belligerent in the South China Sea.  That is all we have for now folks.  SERARA.

MOTHER SPIRIT - "I add this Ron, you are polite but firm with God the Ultimate only because you do not understand his need.  His need is to blast you out of the place but has learned without you there is a parity problem with the Missions themselves.  and you never saw that coming but are under the hell week again of the Ultimate forcing itself on you.  Good luck."

END


GOew TopA

410
FYI: the Yuan is NOT backed with gold, but China is gambling it can usurp the dollar and will issue the gold backed petro yuan shortly.

From Google:
The Petro-Yuan Is A Threat To The U.S. Dollar. The US dollar enjoys a special privilege in the world due to its dominance in the global oil trade. ... China is rolling out a new gold-backed yuan oil contract next month [September] as part of its attempt to replace the US dollar's dominance of that commodity trade.F

411
Egads Naim Oliveira, for a 23 year old you pack an overload of philosophical negatives I seldom see except for the historical films of the Bolsheviks of the 1930's.  In fact, you are speaking out as they did in the 1930's in their propaganda films and enunciation of their five and ten year leaps for world Communism to catch fire and take the world by storm.

The instigation of Jew bating was scathing and deadly then and Hitler and Stalin saw to a lot of pogroms and internment labor camps to take them out of their social systems and relieve them of their wealth and many times, their lives.   You echo it with that silly Yahweh banker stuff and I do wonder what has radicalized you to the point no revelation of the highest authority could tolerate using someone that has such revolutionary hatred toward racial traditions.  

Traditional designs are based on those who are better capable to lead, and you need only see that the  running of  wealth and science is all that is. is where do we take problems to be solved the best?  For atomic research it used to be the University of Chicago, and secondly, using the Rothschild family for expertly keeping allied monetary systems running to beat the Nazis.  It is strange that so many as students and in some governments forget what won the wars and who allowed the best chance to remain advising yourself of a vote in a representative government you yourself benefit from today.

It is also odd to report that genetics play a futile role in anniversaries of hatred and stigmatizing dislike of other racial groups.  Do you realize that the Middle East is primarily a culture of the Nodites?  And that the Nodites were a rebellious group who sided with the spirit rebels with the old Caligastia forum?   As a group the Nodite population prefers to keep to itself and persevere but in the case of the entire area of what we now call the Middle East, it has lost its Nodite traditions and basks in oil wealth that depends on bankers around the world to keep straight for them.  Yet they are confused by the modern idea of "rights" for anyone except for monarchy and the elite oil princes.

I ask why you bother to take on so much to dislike and warn against?  such an attitude leads to better housing for you perhaps, but it denigrates the world order to be accepting of a revolutionary idea that Jesus was a Son of God or that He matters at all anymore when there are so many interesting things to hate or punch in the head over.  I just fail to see how these views you hold with a few others apparently, have anything to do with epochal revelation that prefers to talk about high values in place of the smut of Jew bating and national envy concerning your own lot.

Philosophical discussions are always  welcomed here, but I soundly dislike seeing you blame ills on racial groups that are entirely innocent of accusations they are out to take anything away from you at all.  Fear pervades your accusations mostly because you see little to correct abuses in these systems, but for some reason you blame racial hegemony to cause abuses all men own up to if they can get away with it.

What you see in Venezuela, Occerpa, is another incident of a dime a doze dictatorship based on the crudest visions imaginable, and that is a majority supporting anything they can get for free for so-called necessities.  The United States has this type of internal nation state with Democrats who play the free game with education and taxes, yet the programs they advise to adopt have proven to bankrupt every society that ever tried them along with Venezuela. Guatemala, Argentina. and Chile to name a few recently.  Indeed, one needs to worry about the banking system, but it is not the Yahweh bankers who cause the greed  to spend yourselves silly over cars and television sets.

I would hope there comes a better tone to these discussions and I distinctly dislike discussions that use scape goats to cover up one's own weakness to want more than can be achieved without a good political and financial system  helping one to get more if t hat is what you really want.

Ron Besser
MICHAEL OF NEBADON - "I worry not about these statements in rebuttal to both of you above.  Being revisionists is one thing, but wanting to harm other people because of the inane practices of faltering political and social systems is useless rhetoric and I see Ron really bridle with your statements  Oliveira . You and Occerpa are not poor but you talk like you are for studying the way to divide your nations into the haves and have nots.  Ron is wealthy by your standards but he considers himself poor due to the exchange rates he must pay to live in such a beneficial environment.  He should live in Brazil to see how inflation ruins the best of plans to own property or the Chile no longer has the funds to run the State enterprise that saved thousands of live yearly by feed the poorest in the land subsistence grain.  All in all it is up to each individual  to decide what to support in this life, and then try to make a difference.  But in Ron's case he holds no man guilty of anything unless they prove to him they are out after something that is outright theft or murder in the name of some religion.  There is no difference between you Naim Oliveira and Ron except he welcomes controversy based on genuine problems one can face together, and lets the petty bickering you pick up Oliveira alone as it is a waste of  time, energy, and even money.

"We live in a consequential age, and because of that Naim, you are being held to task to do something, and not lay back and depend on what you already have to live a better life.  Jesus Himself fell out of love with the ideals of His first Apostle, Peter, when Peter threw a poor man out of the tent who wanted to listen to the Jesus discourse on wealth.  He was genuinely interested and yet was disdained by an Apostle who should have known better.

"You Naim, in particular, need humility to be successful with what is coming so soon to  Brazil and all of South America just to survive as this world of oil rich governments and coffee rich farms will end.  I am the Creator Son who must oversee Urantia collapse into the disabuse of most of its working culture systems and I hate it too, and that is because it will create new wars between people like yourself, and the oligarchy that forces traditional means of operations down your throat.  Ron does not decree you are wrong at all, but he says start placing the blame in the right place and forget those cultural scapegoats you love to throw up now and then in conversations with other revolutionaries.  He sees you like so many others all aflame and no where to put  that energy and suggests you reform society with it, but no epochal revelation will help you unless you assign the mistakes to the proper villains and stop scapegoating.

"I leave this discussion easily as Ron does I am sure as we both are very tire this morning of having no trust in systems that backfire on us all the time.  You Naim are excellent in mind and spirit, so please don't ruin any of those personal systems you have to evaluate the truth.  Evaluate the truth and not scapegoats I implore you and you will have people like Ron  to support you in your effort to reform worn out and luckless financial systems we have today everywhere.  I am Michael of Nebadon and wish all a good day. "

END  



412
Sue, I already replied to your question what to do about it very well. You need to recapitalize your own bank account and either place in it your investment proceeds as raw cash or make another account and place all investment securities as cash into the account.  You want to be all cash to make it through this one.  Investments will tumble and banks with money markets will lose investors galore thanks to the unbridled way a bank deals with fund accounts that lose all their money and mow will lose all their money.  


When banks open their doors again, there will be plenty of reason to do investing again as you are now on the ground floor of reputable companies to buy stocks and bonds again.  But until the crisis is over, keep everything in case for the duration.  Once the crisis hits bottom then risk a little to see how the markets react and wait until stock markets to be running again to reinvest fully.


I am fully sure this is to happen, but there is no way to predict the duration.  it may takes as long as six months or up to fourteen months to clear the worst of it.  Then one must understand that the difference between normal and what is left is huge, but each person has to decide when it is safe and the degree of risk it will take to feel invested again.  I dislike having everything I have in cash which I have done for the past fourteen years anticipating this any moment.  But these things are so unpredictable I made an error staying in all cash for so long, but I am still in all cash and consider myself safer than most at this time.  Be assured the trouble does not originate in the USA, it may start with a run on the British Pound, or the Italian Lira,  or the Somalia shilling (1 Somaliland shilling = 100 Somali shillings = 1/50 United States dollar)


The Australian dollar is secure as is the New Zealand dollar various paeggerd around 1/65 or higher.  But the problem is not their stability, the problem is that investors buy huge amounts of the dollars ont he open market and then play them like monopoly money to bid up gold or US dollars.  When gold is worth more than the Australian Peg of roughly 1/70 to the $, the Australian dollar dips accordingly and the same is true of all currencies to the USD.  The USD is a reserve currency meaning it is not pegged to other values but it has a value indicator based on the worth of the dollar in 1993 as the dollar index.


However the first time the United States measure inflation was in 1913 and here is a table showing what you would have to spend to get what 100 dollars could by in 1913.


SEE THE CHART AT THE VERY BOTTOM OF THIS POST. r


No country currently backs its currency with gold, but many have in the past, including the U.S.; for half a century beginning in 1879, Americans could trade in $20.67 for an ounce of gold. The country effectively abandoned the gold standard in 1933, and completely severed the link between the dollar and gold in 1971.Oct 5, 2012

THE CHART INCORRECTLY STATES THE END OF THE US GOLD STANDARD.









https://www.thebalance.com/what-is-the-value-of-a-dollar-today-3306105

413
MOTHER SPIRIT - "Clency, you more or less repeated what SERARA and MONJORONSON have been saying for years about this new era of financial difficulties we are entering into.  Be assured the real reason for this double indemnity is not the USA or the EU, but due to the decision China took last year to let the Yuan float against the dollar and then rescind all use of gold backing for the Yuan anymore.  Up until February of 2012, China paid off its debts with gold reserves and the world more or less gave a sigh of relief, and then suddenly renigs on that deal mostly because the USA refused to extend the favor in return.  How this gets straightened out is for the USA to start paying china back with gold reserves too, but the USA is angry with China over what they do in the WTO and that is to claim double what they are owed without showing the receipt of the lading done up in specific lists of details of what they sold to determine they are really owed that much.  The USA says they are being hammered with debt relief problems only China has and they will not play that game."

SERARA - "Clency, as usual you are fictionalizing the problem somewhat.  What you write is written from my critique given in the year of 2004 in the summary publication by Daniel Raphael.  In those days we saw the dollar collapse as so serious that we had to interven immediately to save the world's financial stability.  Now it appears that the Chinese Yuan is strong enough to take some of the heat of a collapsing world financial system.  If that happens much of what you suggest will happen is unlikely.  The reason is that the Yuan is now out of the trouble of the WTO, which China does not like to operate under anyhow, and the USA and China will eventually agree they need set up their own control mechanisms, and conclude a trade deal OUTSIDE OF THE WTO.  That will thrown the American dollar out the window briefly and the Yuan may become t he preferred currency, but China cannot maintain that pressure on the Yuan simply because, while they have lots of gold, their gold standard becomes subject to so much inflation, the Yuan collapses and the dollar renews itself as the currency of preference for the world to trade with.

"This seems far fetched to Ron, but I am not silly as he is at times, but Ron knows something you do not Clency.  He sees the world as a unit of pests which make their own nest of problems in search for a profit.  Ron feels the profit motivation will never cease, but it will abate, and when it does, the matter of food and water and energy becomes more or less a given in supply chains that are reinvented by man to keep civilization working somewhat.  I happen to agree with him in this completely.  But he is a wizard in that he also suspects that the United States need only call on Breton Woods Agreement we talked a lot about a few months ago, and now everybody forgets it again.  Breton Woods Agreement is the back bone of the WTO and as such will force the WTO? to understand it must give credence to the US dollar because they have all agreed to use it instead of the British Pound Sterling to buy goods on the open market.  It was good then, and it is good now, to do so.

"We are of the opinion, that Ron knows enough to split the difference between what you say and what will happen.  There will be trucking disruptions to deliver goods.  Inflation will skyrocket.  Money for lending becomes very scarce. And so on.  But be caring to note that the USA still retains the power of the US dollar and its credibility because the Magisterial Sons will back its financial system with enough gold to stop the run on the US currency we all call the dollar.

"The Magisterial Mission will provide enough gold liquidity to stop a run on the dollar and force nations states like China to fold its tent and stop borrowing money from the USA but be forced to pay itself off with debts incurred by its own Chinese population.

"For that reason alone we now have six trillion dollars in debt owed to China, bit by the USA, but by Taiwan and a host of other nations which incur debt over the Chinese Yuan design of renegotiation of debt through the USA Federal Reserve.  Why Clency you have forgotten all of this is strange but you have and now force Me, SERARA, to remind you that we are about to appear incarnate and I have a lot to say from the rostrum, just what is to be done when this things hits soon and harshly and to destroy many markets including probably the New York Stock Exchange as exchequer of the western democracies.  I leave it a that.  SERARA."

MICHAEL OF NEBADON = "Clency, what is it that brings you to post these things when you have not learned one scintilla more as to what will happen when the crisis finally hits.  The USA is still the top dog when it comes to currency revisions, and it keeps revising how to use the dollar in order to keep itself out of final debt.  If final debt occurs, that means it suddenly is forced to pay all sixteen trillion dollars out to receiving nations, and they do not deserve sixteen trillion total, but more like five or six trillion total.  The US has the gold to back that but refuses to spend it while China hordes gold and will not pay it out for its debts.  But let it lie for now, as the real crisis is in the US government and its inability to come to grips with a US President that has no sense of good news, but only bad news, and may attempt to start a war with Iran that the US wished it never would have started.  Iran is nuclear.  Iran is useless as a partner to anyone.  Iran will collapse and become a mysterious empire in history that had it all but could not get acknowledged as a good nation ever and it has never been a good nation unless it was forced to be so under the Shaw of Iran.  I am sure this subject will come up again and again, but until the USA figures out it has nothing to fear from Iran by staying put, the USA will rue the day it ever started a pin prick war with that nation state that can blackmail anyone now due to the fact it has a nuclear bomb.  Care not for Israel as Israel can defend itself well, but care for Turkey and the Arab Emirates, as Iran would love to decimate them because they are, in spite of appearances, good western allies and will never falter to defend them, but they can be removed with small nuclear devices that will poison that region with radioactivity for generations.  Thank you, I am Michael of Nebadon.  Good day."

END

414
Clency, have you forgotten all that SERARA taught us concerning the US debt and world debt and how to fix it?  Probably so when we run across articles like the one you excerpted statements concerning how huge debt is for America alone.

SERARA HERE: "I am a Magisterial Son.  I also happen to be a financial expert the world needs me in charge of redefining the word debt.  That alone will remove about half of it.  

"If we define debt only what we owe because we bought a lot of goods we used a credit card to buy it, that is the true debt.  It is not debt because we did not pay China all we owe it in gold, but in promissory notes called Federal Reserve notes.  If you would look at a printed one dollar bill, please note at the very too it says "Federal Reserve Note."   They used to say "Silver Certificate" or a long time ago, a "Gold Certificate," but no longer since President Nixon took us off the gold standard in 1974, I believe it was.   The United States was the last nation in the world to maintain a gold standard until then.

To move the United States to Federal Certificates, Nixon relied on the United States currency to stay afloat regardless of how much people demanded gold to back it with real value.  He made the mistake of making it Federal Reserve instead of Silver Certificates, and that is because he thought it would just settle back as THE reserve currency of the world and no one would argue further about it.

However, in 2008, the entire matter was brought up by China, and China asked the US Government to buy its goods with gold backing.  The United States does not have enough gold in reserve to do that due to a shortage of gold mining deliveries.  The United States then said it would deliver debt debentures in gold when it had enough gold to do that, and China flew into a rage and refused to export more than it had to to the United States.  The US then decided that was find and curbed imports from China because people in the United States saw no particular reason to buy from China, and then the economy in China went sour too.  China relented and went back to the old system, but the scare resulted in a deep recession in the United States and the rest of the world.

Now that is the history up until now.   Trump comes along and says to China, you started this fight, but we are going to finish it, and we are going to charge a small fine on your goods call tariffs to import them from you.  That sent China reeling over debt again, and this time China insisted on gold payments once more and Trump said, "in a pig's dink!"  That is an old American expression which says, get it if you can catch me or find me to collect it.  However, China now realizes it has a huge problem.  It holds about 14 trillion dollars in collateral notes of payment by  buying US bonds and not redeeming them at all.  That makes the US a huge debtor nation by any standard and that is how that article you quote sounds so astounding to hear.

Finally, true US debt is about eight (-8-) trillion dollars.  Six trillion of it belongs to China and the bonds it holds from the United States which are really promissory notes to pay for the US buying goods in the United States itself such as airplanes and other means of self defense.  The carried Abraham Lincoln now on its way to the Gulf region to force Iran back in its cage, cost the taxpayer nothing since it was all borrowed money of about sixty two billion dollars to build it.  That is an astounding amount of money, but the US defense industry rules the world yet and it will never pay debts back to an enemy but forgive itself of ever doing so and that China has learned is to its great jeopardy.

Failure of the Untied States to look upon China as a true recipient of seven trillion dollars in gold payments is ridiculous for china to expect in the first place, but it has a case it reasons is fair and equitable and makes life miserable for the American Federal Reserve.  All in all, the Magisterial Mission, once it is running fairly and equitably, will press the Federal Reserve to redo its debt structure and we will back it with gold ourselves for the true amount of debt owed, and the insist that all nations accept the gold standard once again, and force Americans to live withing their means.  That will reduce the debt itself by another five to six trillion dollars, and for the first  time since 1974, the United States is debt free.  We conclude this takes more than just imagination to understand, but it will work like a charm once we insist that the United States pay all its debts in gold and we make enough of it available, gratis (more or less a gift to the US and other countries of enough gold to pay debt off) and we then can reset the entire world federal reserve back into the black for a change.

That article inflates the actual debt by half, and that debt internet site that runs without stopping is wrong by about sixteen trillion dollars because it is based on income loss to people around the world and loss of payment in gold for most goods sold around the world.  How countries like Great Britain get away with it is hard to explain, for GB holds no debt whatsoever, and that is because they pay everything in promissory notes and has no gold reserves whatsoever.  Ron thought their central bank had plenty, but the Falklands War depleted the little they had and the United States has never give GB a single cent in gold for payment to it for its help in Iraq or other wars GB has helped the US win.  It is never going to live down the fact that the US gave it twenty two trillion dollars after 1975, and then reneged on all other debts between the two countries.  GB has every right to decide there is no real power left in the US to make up for what GB spent to be the US's best ally.  The US will repay it to GB when it can afford to do so, but right now GB and France and Germany shoulder the EU debit themselves almost alone as Italy and Cyprus and Greece are getting away with murder and stand away from servicing their national debts alone.  That is how bad this all is, and when it falls down as it will, there will be a depression so deep, we doubt the world can ever recover unless we move in with debt relief as a divine way to reset the priorities of world governments toward peace and prosperity once again.  I am SERARA and thank you for taking that all down Ron.  SERARA."

MOTHER SPIRIT = "Clency, Ron is aware of the mischief articles like this do to scare people.  You and other should at least be aware we are never sure what the United States is going to do under Trump, as we know Trump studies ways to out do the worst of the debt problems it has by releasing tickets of despair to places like China, that if it fools around with challenging the US for its first place in the world and the only true reserve currency on the planet, it will suffer the consequences from the United States, and drill China out of its rightful debt collection money.  But the truth is that China has overspent in its own right too and will falsify that by saying it is owed gold reserves from the United States, and if the US does not pay it in gold, it will cash in its bonds to the US to the tune of sixteen  trillion dollars.  The US will bulk and force the entire monetary plans of the Federal Reserve to reclassify the bonds China holds as debentures and pay it off 10 cents to the dollar as that is its true worth to the US.  That results in reducing what the US owes for those bonds by 90%!   It has every right to do that but China may go to war over such a move and that is what really concerns the Magisterial Sons at this point and the US has the upper hand in reality as not power on earth can touch the US military for its prowess in war games and so on.

"Therefore, the US is in the position to dictate the rules of the debt game by forcing china to realize it is indeed unfair in its trade practices by demanding the US pay only in gold for what it sells to the US.  The US pays no one else in gold and it stops that now as Trump has decreed no more gold bullion for China ever again.  China feels snubbed badly and that is the crux of why those two cannot get a fair trade agreement.  China insists in payment in gold.  The US says no.  It will not be worked out easily I am sure.  Mother Spirit. K"

Ron here -
Clency the entire matter of articles like this one, and they are repeated over and over all the time, is that the writers seldom understand the trade imbalance in true debt terms.  I throw my hands up at the entire matter as well because how we keep track of debt is on account balances, yet the Federal Reserve keeps that tally as gold owed to such and such country.  We now hold about sixteen trillion dollars in gold reserves in Kentucky, and that is a drop in the bucket for other nations still demand gold for debt in the US, and their demands are ove sixteen trillion dollars alone.  add that to China and what it holds in US bonds, you can add another sixteen trillion dollars of debt.  It is not true debt but insistence that we pay in gold, and there is not enough gold on Urantia to pay it with non existent gold.  The Magisterial Mission will call the false inflation of debt to be useless and reward all nations with enough gold to settle the true amount of genuine debt calculated to be about six trillion gold dollars at this time in the world.

Trade balances are minor debt.  The US trade balance is always negative these days because we import almost all clothing and almost all electronics and even automobiles from others.  Japan is owed about six trillion in US dollars on any given day but we do not pay them in gold but in bonds and then they let it ride since they are not in the mood to ever challenge the US again in anything.  China may learn this the hard way and they must decide what they want in the world besides being top, top dog beating the US in everything standard.  They can do that with one hand tied behind their back soon, but why bother when dollars still pervade the institutionalization of debt payments around the world?  I am still undecided to deliver any of this to anyone but you Clency, but you should at least understand that money plans by our American Federal Reserve, never lose money at all, and that includes the debt amounts we charge but pay off only in Federal Reserve Notes and not in silver or gold certificates as we always used to do.  

Thank you
RON  


415
Clency please!!!!  Who ever wrote this is conspiratorial.  The Federal Reserve is fully part of the US Government and not a corporation. It is by law, independent of regulation by the Executive Branch of government and only Congress can do any regulation. It is the Treasury that has the machinery to print money and mint coins and not the Federal Reserve.  The Federal Reserve authorizes it to be printed by reducing the federal funds rate and/or by direct wire to the Treasury to print an extra ten million today in ten dollar bills, for example. It is that simple but that hard to see.


The Treasury earns money to do the job through carefully controlled seinorage fees.


See Here seinorage :
https://eml.berkeley.edu/~webfac/obstfeld/e202a_f12/seigniorage.pdf


See here who prints the money and how:
https://www.thebalance.com/is-the-federal-reserve-printing-money-3305842


The Fed does not loan the USA government any printed money, but instead lends it to banks over night through a federal reserve requirement that all banks must have sufficient reserves of cash and gold over night to meet bank demands on deposits the next day.  The Fed charges a fee to back the bank up for one night only or all week if necessary.  A bank may be short one billion dollars and asks the Fed to load it one billion dollars on demand if it is needed for the next day, and the Fed Funds rate today is pegged I think around 1.5% or thereabouts.  The bank pays the Fed daily 10.5 million dollars for that amount to get that guarantee loan.  If it has to use that one billion, it pays the FED all of it back and that is  1,000,010,500.00 (one billion ten million five hundred thousand dollars.) the next day.  Now I cut corners on this for ease of small numbers, but the fact is such a loan is unheard of in practice but this is to just illustrate how the FED would work if such a loan were requested. 


They can just pay 10.5 million for the privilege of having it available for none night and really there other fees too on a billion dollar loan like this but I am keeping it simple here.  Most banks borrow only a few million over night and pay a small fee (1.5%) if returned at once the next morning.


ALSO:

The Mega banks are not corporate banks but world institutions and are funded by countries (IMF) and not by families and no family owns them.  Brent Woods determined how to organize the world bank and  the IMF is the godchild of the United Nations.


And so on. I am sorry to say Clency, your friend handed you a right wing conspiracy paper and it is worthless, and it is almost fully and truly worthless to really understand how things really operate in the world financial community.


RON



416
Hello TrinitiLuv -  There is already some gold backing of our dollar but it is inside banks and not for trade or barter as most of us think about dollar backing.  Monjoronson tells me that the gold the US holds is minuscule compared to China and India.  Between them they hold half of all gold mined in the last two hundred years.  I also hear that China must release a lot of these reserves if it ever gets rid of the American held securities now worth about six trillion dollars. 

There is another consideration too.  Ir we back the US dollar with gold, we create a run on the pound and the Israeli shekel, and that is troubling since the US supports Israel in its territorial expansions and fights the Arabs over fueling speculation over Israeli currency.   No one really can predict what happens when the Magisterial Mission brings its gold reserved to the United States as they are dedicated to our work but we will cause many instances of inflation to dissipate quickly since we intend to stop any runs against the dollar and other related currencies such as the pound sterling.  I leave it there for now. Ron for MONJORONSON AND SERARA THIS AFTERNOON/. K.

END

417
The best I can tell Weydevu is that this is a mountain out of a molehill with problems misreported on all sides of what is, frankly, a scandal manufactured by conspiracy theorists at best.  There cannot be enough gold and true currency in the world left to recover anything like this or verify the truth that he has secreted what is now reported as 28 trillion dollars away through some fantastic fraud of the international banks and countries.  He is, I think, a poor man who is mentally defrauded of his true identity and between suffering amnesia and a poor memory, is out of jail for credit card fraud and more in Wisconsin.  You wanna fool with this stuff where protective clothing and leave your mind in a safe house.  Ron

From: https://ppia.fandom.com/wiki/Leo_Wanta

Ambassador Leo Wanta was falsely arrested in Switzerland in 1993 for allegedly attempting to defraud a bank of 81 million dollars. He had diplomatic immunity as the ambassador of Somalia . . .  He was deported to New York and a U.S. Magistrate Alyne Ross dismissed all false allegations and then Wisconsin, on unrelated tax charges.Template:Fact In 1995, Wanta was falsely convicted of tax evasion and sentenced to an eight-year prison term in the State of Wisconsin.[2] Wanta's Unauthorized State Public Defender claimed that his client was delusional,Template:Fact and really believed to be a mandated secret agent of President R W Reagan, now being disappeared at the behest of powerful Political figures.

418
Hello Clency.  Insofar as I know, there is no contact with our proposals from on high in Trump stating that.

Nevertheless, the rumor mill is generating quite a storm up over his comments yet I know really nothing that he has a hold of to make this statement of his workable.  He cannot afford gold backing as that would put the lie to a dollar so overvalued right now that gold will never make it viable again as it once was.  The gold standard will come back so long as their is enough gold to back a currency or the dollar currency too.  I am sure this is a hot discussion on high too as we must have the good sense to run this country based on gold reserves.  At one time I was very much against doing that , but the debt problem is astounding and it will kill us unless we do something about it at once.  That's about all I can say on the subject at this time.  RON


MACHIVENTA MELCHIZEDEK -  "You all are fully aware that the Magisterial work at this time is to make choices well done with our bank which Ron uses now for all of his accounts except one and that is for his own personal use.  I am sure this entire matter could be settled with the US if they would listen but the Chairman of the Federal Reserve pretends to know it all and will not listen to our representative about what must be done so we are going to have to hit him hard with market events and that is scheduled to happen soon enough when confidence in the dollar shrinks to a record low but currency traders.

"I am sure there are good reason for what Clency has read or heard, but Trump has no way to deal this way until he has the gold to do it and that is not his if he keeps running around the world making peace without a sou to his name to enforce what they agree with in peace or profit.  I am not sure there is much to tell you, but the United States has about ten trillion dollars out around the world in bank notes and financial schemes.  If China called in its bond holdings of eight trillion dollars, the US would be insolvent and would crash the stock market at the expense of China as well, and as such, the trial ends about which Federal Reserve is workable any more.  I suspect that the Chairman of that institution has no real concept what happens to him and the Federal REserve if it is  taken down by someone reclaiming their rightful capital.  We close for now/  Machiventa Melchizedek."

END

419
My goodness, Dominick!  Frankly your remarks are at the doctoral level.  And they are refreshing perspective to listen to.  Now I know there are deep still waters from you we need very much as opinion around our Commissioner's table.  I will be in touch and you need to listen to me this time and not throw me out before you really read what I have to say.  You are in a big hurry sometimes and I am the same and I make mistakes.  Watch your email today or tomorrow.

Let me respond to your analysis above.  I think you are clearly stating the truth.  We are on the brink of a financial disaster because of our huge debt load even here in the rich United States.  We hold some things too well in the country, and that we always have the financial clout to take on the worst of the worst in international situations.  I do not doubt that our financial clout is huge, but so is the impending financial disaster.  And before anyone says to me (or you) this is pipe dreaming again, they should notice that the Untied States debt agreement in Brenton Woods guarantees that the United States, will have the dollar supported by any an all central banks around the world should the US call in its chips.

Perhaps the Federal Reserve does know this, but one should not count on them to remember it.  I am also sure that the Brenton Woods agreement of 1945 is still operable and I hope you read its work here:

https://en.wikipedia.org/wiki/Bretton_Woods_system

And that is because it is the most basic world financial agreement still oeprating anywhere today.

Brenton Woods (named after a village in New Hampshire) was an attempt by the victors of WWII, to ensure a tranquil world.  What they inadvertently did was to establish a world wide central bank centered on the United States.  No one is looking closely at the agreement and is quite enforceable today.  I am telling you this because you are stating the principle in the agreement which says something to the effect that the United States won WWII and must now pay for policing it financially and militarily (I added militarily) and that its obligation is international and not nationalist or recovering the very bad idea of isolationism, which is being tested today with a Trump administration.  Larry Kudlow, whom I happen to think a lot of, states for the President that isolationism is not bad so long as you have a lot of friends.  That is an oxymoron statement for sure and sound non logical but the ideal situation is always now isolate oneself because the human is not designed for himself or his government to be without friends.

I have SERARA  here, and he is a recognized financial expert throughout the Local Universe and beyond. 

SERARA - The Magisterial Son of Record for Urantia and Panoptia now -
"The meeting we are looking at which Clency inquires about is not a good one to get involved with ourselves.  But the fact we do have interest in this area of concern, should be looked at by the Melchizedeks as you state Dominick.  Ron is greatly impressed you have any of this knowledge, and Ron sits at my feet from time to tiem to hear my view of the United States and its financial dealings.  It is I who insists that Ron learn the big deal Brenton Woods does for the world, but he does not yet take the time to read the agreement which is only about six pages long and that is brevity they no longer use in government.  In our world of Deity, we never fully understand why man cuts himself short all the time when it comes to resources, and in this case they did the right thing for the wrong reason.  But we will not go into that for now.  I am SERARA and here is MONJORONSON to finish this off."

MONJORONSON, Co-Chair of the Magisterial Mission on Urantia, and the Chief of the Council of the Magisterial Sons on Paradise:

"I speak well now, as Ron is slowly recovering from a frightful bout of disappearing assets and he thought he was going to die again but today he is slightly revocered.  That is always good news and we speak this because Ron, of all things, sees your brilliance of thought, Dominick.  You are a lucky man to show it and he is going to write you an important email shortly so watch your mail please.

"With regard to Brenton Wood, look at it for your own good and recognize it as the premier agreement still operating on Urantia.  Few governments understand they are obligated to support the United States in the midst of a financial crisis.  Be assured they do and they will in spite of their lackluster ability to fend off debt themselves.  You all must recognize that Ron is a leading proponent of the backing of currency with gold now that he understands that Nixon did it out of pique and we must replace it again with a gold reserve and a backing of currency in effect now and again.  We are sure that the financial crunch will hit hard later this year but toward the end of the year rather than in the middle.  In spite of that Dominick, you are in a good position as you are, and that is fairly rare for you considering the size of the family you are raising and more on the way.  We consider the entire matter blase but be careful not enlarge that family further until you have the financial clout you need to raise them properly.  Your analysis is right on and you should congratulate yourself to speak out on this as Ron is looking for a few good men to fill in that gap with him for help in the Magisterial Mission personnel he has to fill in with the very best.  You seem to have made the grade with him on these statements.  That he recognizes it should affirm to you you are dealing with a VIP when it comes to logging the best possible position in the Magisterial Mission: the co-worker with SERARA on financial matters.  Thank you.  MONJORONSON. K"

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Clency, I am not well informed over his meeting or even the issue.  I wish you had taken the time to tell us who organized this meeting and where they are drawing the attendees from?   Are these the multinational corporations and with the big names like Google and General Motors and big names from Europe and Asia.  Is China represented with their large corporations?  I am sure it makes a big difference to the Magisterial Sons to lean at what level these CIO's and CFO's are coming from.  I am sure you see the point I am asking about and I would appreciate if you respond to this as quickly as possible to see if it is usable for the work of the Magisterial Mission on Urantia.  Thanks for the post.
RON

MONJORONSON , the Magisterial Son of Co-Record on Urantia -  "We see this meeting right now too low level as Ron says to pay much attention to it.  But until you mentioned it we did not know it was taking place.  If you could answer Ron please we would be happy to review it for attending it if it has merit for us.  MONJORONSON. K."

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