James Traficant Addresses the

Congress

"America's
Bankruptcy"
Subject: .The Bankruptcy of The United States
United States Congressional Record, March 17, 1993 Vol. 33, page H-1303
Speaker-Rep. James Traficant, Jr. (Ohio) addressing the House:
SOURCE: http://www.apfn.net/Doc-100_bankruptcy.htm
"Mr. Speaker, we are here now in chapter 11.. Members of Congress are
official trustees presiding over the greatest reorganization of any Bankrupt
entity in world history, the U.S. Government. We are setting forth hopefully,
a blueprint for our future. There are some who say it is a coroner's report
that will lead to our demise.
It is an established fact that the United States Federal Government has been
dissolved by the Emergency Banking Act, March 9, 1933, 48 Stat. 1, Public
Law 89-719; declared by President Roosevelt, being bankrupt and
insolvent. H.J.R. 192, 73rd Congress m session June 5, 1933 - Joint
Resolution To Suspend The Gold Standard and Abrogate The Gold Clause
dissolved the Sovereign Authority of the United States and the official
capacities of all United States Governmental Offices, Officers, and
Departments and is further evidence that the United States Federal
Government exists today in name only.
The

receivers of the United States Bankruptcy are the International Bankers,

via the United Nations, the World Bank and the International Monetary
Fund. All United States Offices, Officials, and Departments are now
operating within a de facto status in name only under Emergency War
Powers. With the Constitutional Republican form of Government now
dissolved, the receivers of the Bankruptcy have adopted a new form of
government for the United States. This new form of government is known
as a Democracy, being an established Socialist/Communist order under a
new governor for America. This act was instituted and established by
transferring and/or placing the Office of the Secretary of Treasury to that of
the Governor of the International Monetary Fund. Public Law 94-564, page
8, Section H.R. 13955 reads in part: "The U.S. Secretary of Treasury
receives no compensation for representing the United States."

Gold and silver were such a powerful money during the founding of the
united states of America, that the founding fathers declared that only gold or
silver coins can be "money" in America. Since gold and silver coinage were
heavy and inconvenient for a lot of transactions, they were stored in banks
and a claim check was issued as a money substitute. People traded their
coupons as money, or "currency." Currency is not money, but a money
substitute. Redeemable currency must promise to pay a dollar equivalent in
gold or silver money. Federal Reserve Notes (FRNs) make no such
promises, and are not "money." A Federal Reserve Note is a debt obligation
of the federal United States government, not "money?' The federal United
States government and the U.S. Congress were not and have never been
authorized by the Constitution for the united states of America to issue
currency of any kind, but only lawful money, -gold and silver coin.
It is essential that we comprehend the distinction between real money and
paper money substitute. One cannot get rich by accumulating money
substitutes, one can only get deeper into debt. We the People no longer have
any "money." Most Americans have not been paid any "money" for a very
long time, perhaps not in their entire life. Now do you comprehend why you
feel broke? Now, do you understand why you are "bankrupt," along with the
rest of the country?
Federal Reserve Notes (FRNs) are unsigned checks written on a closed
account. FRNs are an inflatable paper system designed to create debt
throughinflation (devaluation of currency). when ever there is an increase of
the supply of a money substitute in the economy without a corresponding
increase in the gold and silver backing, inflation occurs.
Inflation is an invisible form of taxation that irresponsible governments
inflict on their citizens. The Federal Reserve Bank who controls the supply
and movement of FRNs has everybody fooled. They have access to an
unlimited supply of FRNs, paying only for the printing costs of what they
need. FRNs are nothing more than promissory notes for U.S. Treasury
securities (T-Bills) - a promise to pay the debt to the Federal Reserve Bank.
There is a fundamental difference between "paying" and "discharging" a
debt. To pay a debt, you must pay with value or substance (i.e. gold, silver,
barter or a commodity). With FRNs, you can only discharge a debt. You
cannot pay a debt with a debt currency system. You cannot service a debt
with a currency that has no backing in value or substance. No contract in
Common law is valid unless it involves an exchange of "good & valuable
consideration." Un-payable debt transfers power and control to the
sovereign power structure that has no interest in money, law, equity or
justice because they have so much wealth already. Their lust is for power
and control. Since the inception of central
banking, they have controlled the fates of nations.
The Federal Reserve System is based on the Canon law and the principles
of sovereignty protected in the Constitution and the Bill of Rights. In fact,
the international bankers used a "Canon Law Trust" as their model, adding

stock and naming it a "Joint Stock Trust." The U.S. Congress had passed a
law making it illegal for any legal "person" to duplicate a "Joint Stock
Trust" in 1873. The Federal Reserve Act was legislated post-facto (to 1870),
although post-facto laws are strictly forbidden by the Constitution. [1:9:3]
The Federal Reserve System is a sovereign power structure separate and
distinct from the federal United States government. The Federal Reserve is
a maritime lender, and/or maritime insurance underwriter to the federal
United States operating exclusively under Admiralty/Maritime law. The
lender or underwriter bears the risks, and the Maritime law compelling
specific perf mance in paying the interest, or premiums are the same.
Assets of the debtor can also be hypothecated (to pledge something as a
security without taking possession of it.) as security by the lender or
underwriter. The Federal Reserve Act stipulated that the interest on the debt
was to be paid in gold. There was no stipulation in the Federal Reserve Act
for ever paying the principle.
Prior to 1913, most Americans owned clear, allodial title to property, free
and clear of any liens or mortgages until the Federal Reserve Act (1913)
"Hypothecated" all property within the federal United States to the Board of
Governors of the Federal Reserve, -in which the Trustees (stockholders)
held legal title. The U.S. citizen (tenant, franchisee) was registered as a
"beneficiary" of the trust via his/her birth certificate. In 1933, the federal
United States hypothecated all of the present and future properties, assets
and labor of their "subjects," the 14th Amendment U.S. citizen, to the
Federal Reserve System.
In return, the Federal Reserve System agreed to extend the federal United
States corporation all the credit "money substitute" it needed. Like any
other debtor, the federal United States government had to assign collateral
and security to their creditors as a condition of the loan. Since the federal
United States didn't have any assets, they assigned the private property of
their "economic slaves", the U.S. citizens as collateral against the unpayable federal debt. They also pledged the unincorporated federal
territories, national parks forests, birth certificates, and nonprofit
organizations, as collateral against the federal debt. All has already been
transferred as payment to the international bankers.
Unwittingly, America has returned to its pre-American Revolution, feudal
roots whereby all land is held by a sovereign and the common people had
no rights to hold allodial title to property. Once again, We the People are the
tenants and sharecroppers renting our own property from a Sovereign in the
guise of the Federal Reserve Bank. We the people have exchanged one
master for another.
This has been going on for over eighty years without the "informed
knowledge" of the American people, without a voice protesting loud
enough. Now it's easy to grasp why America is fundamentally bankrupt.

Why don't more people own their properties outright?

Why are 90% of Americans mortgaged to the hilt and have little or no
assets after all debts and liabilities have been paid? Why does it feel like
you are working harder and harder and getting less and less? We are
reaping what has been sown, and the results of our harvest is a painful
bankruptcy, and a foreclosure on American property, precious liberties, and
a way of life. Few of our elected representatives in Washington, D.C. have
dared to tell the truth. The federal United States is bankrupt. Our children
will inherit this un-payable debt, and the tyranny to enforce paying it.
America has become completely bankrupt in world leadership, financial
credit and its reputation for courage, vision and human rights. This is an
undeclared economic war, bankruptcy, and economic slavery of the most
corrupt order! Wake up America! Take back your Country."
JAMES TRAFICANT ON THE IRS

Object 1

The Bankruptcy of the United States is a 38 part document.

See Contents on left column.
The Bankruptcy of The United States Part 1-39

Part 1 Part 2 Part 3 Part 4 Part 5 Part 6 Part 7 Part 8 Part 9

Part 10
Part 11 Part 12 Part 13 Part 14 Part 15 Part 16 Part 17 Part 18
Part 19 Part 20
Part 21 Part 22 Part 23 Part 24 Part 25 Part 26 Part 27 Part 28 Part
29 Part 30
Part 31 Part 32 Part 33 Part 34 Part 35 Part 36 Part 37 Part 38
Page 39

JAMES TRAFICANT ON THE BANKRUPTCY OF THE UNITED

STATES

Object 2

JAMES TRAFICANT BEFORE ETHICS COMMITTEE

"I WAS A TARGET"

Object 3

James Anthony Traficant, Jr. (born May 8, 1941) is a former Democratic

Representative in the United States Congress from Ohio (from 1985 to
2002). He represented the 17th Congressional District, which centered
around his hometown of Youngstown and included parts of three counties in
northeast Ohio's Mahoning Valley. He was expelled after being convicted of
taking bribes, filing false tax returns, racketeering, and forcing his aides to
perform chores at his farm in Ohio and on his houseboat in Washington,
D.C.,[1] and was released from prison on September 2, 2009, after serving a
seven-year sentence.
Traficant signed a limited, three-month contract to work as a part-time
weekend talk radio host for Cleveland news/talk station WTAM in January
2010. His contract permitted him to quit if he chose to run for office.[2] As
of July 2010, it remains unclear if Traficant will return to the station; the
WTAM website currently makes no mention of him.[3]
Traficant ran for his old seat in the 2010 general election as an independent;
[4] he was defeated by incumbent Tim Ryan.[5]

Contents
[hide]
1 Early
life and
career
2 2010
Indepen
dent
candida
te for
the US
House
of
Represe
ntatives
3
Indepen
dent
voice
4
Indictm
ent,
convicti
on,
testimo
ny to
House
Ethics,
and
expulsi
on from
Congre
ss
5
Prison
5
.
1
R
e
l
e
a
s
e
f

Early life and career

Born into a working-class, Catholic family in Youngstown, Ohio, Traficant
graduated from Cardinal Mooney High School in 1959 and the University
of Pittsburgh in 1963 (where he was a standout in football), was drafted into
the NFL in the twentieth round (276th overall) by the Pittsburgh Steelers in
1963, and obtained a master's degree from the University of Pittsburgh and
another from Youngstown State University. He was the executive director
of the Mahoning County Drug Program from 1971 to 1981 and Sheriff of
Mahoning County from 1981 to 1985. While serving as Sheriff, Traficant
made national headlines by refusing to execute foreclosure orders on
several unemployed homeowners, many of whom had been left unemployed
by the recent closures of steel mills. This endeared him to the local
population, which had long derived its wealth from steel and steelassociated businesses.[6] In 1983, he was charged with racketeering for
accepting bribes. Traficant, who represented himself in the criminal trial,
argued that he accepted the bribes only as part of an undercover
investigation into corruption. Traficant was acquitted of the charges,
becoming the only person ever to win a Racketeer Influenced and Corrupt
Organizations Act (RICO) case while representing himself.
Publicity from the RICO trial increased Traficant's local visibility. He was
elected as a Democrat to Congress from Ohio's 17th District, defeating Lyle
Williams, a three-term Republican incumbent. He was reelected eight times
without serious opposition.
On April 12, 2002, after a two-month federal trial, a jury found Traficant
guilty of bribery and other charges. He was sentenced to a federal prison,
where he served seven years. He was expelled from the U.S. Congress on
July 24, 2002.

2010 Independent candidate for the US House

of Representatives
In September 2010, Traficant was certified to run for the same seat he held
in the US House of Representatives before his expulsion.[4] Traficant lost
the election to former aide Tim Ryan, to whom he lost an earlier race in
2002.[4]

Independent voice
The neutrality of this article is disputed. Please see the
discussion on the talk page. Please do not remove this message
until the dispute is resolved. (November 2010)
In the House, Traficant was known for his flamboyant and eccentric style.

He was a constant thorn in the side of the Democratic caucus with his
eccentric behavior, an image he embraced. He often dressed poorly[citation
needed], with narrow neck ties (then out of style), wide-lapelled sportcoats
and an occasional denim suit. He also sported an ugly, unkempt pompadour,
which he jokingly claimed he cut with a weed whacker (it was revealed,
after his conviction, that he wore a toupe). Casting himself as a roughhewn populist and "regular guy," he gave speeches that were far outside the
staid norms of political speaking. Many people tuned into C-SPAN just to
watch his one-minute speeches at the beginning of each day's sitting.
[citation needed] His trademark closing lines were "Beam me up... I yield
back the fact..." His Website featured a picture of him swinging a two-byfour with the words "Bangin' away in D.C."
After the Republicans took control of the House in 1995, Traficant tended to
vote more often with the Republicans than with his own party. On abortion,
for instance, Traficant voted the pro-life position of the National Right to
Life Committee (NRLC) 95% of the time in the 105th Congress, and 100%
of the time in the 106th and 107th Congresses. However, he voted against
all four articles of impeachment against Bill Clinton. After he voted for
Republican Dennis Hastert for Speaker of the House in 2001, the
Democrats stripped him of his seniority and refused to give him a
committee assignment. Because the Republicans did not assign him to any
committee, Traficant became the first member of the House of
Representatives in over a century without any committee assignment who
was not in a leadership position.[citation needed]
Traficant championed the unpopular cause of John Demjanjuk, a Ukrainianborn autoworker from Seven Hills, who had been convicted in Israel and
sentenced to hang for having been the brutal concentration camp guard
"Ivan the Terrible."[7] For almost a decade, Traficant (along with Pat
Buchanan) insisted that Demjanjuk had been denied a fair trial, and been the
victim of mistaken identity; the Supreme Court of Israel eventually
overturned the conviction, on the basis of doubt, in 1993. Demjanjuk was
later deported to Germany on May 11, 2009, after the Israeli Supreme Court
refused to overturn his deportation order.
While in Congress, Traficant was a supporter of immigration reduction,[8]
and a strong opponent of illegal immigration. In the controversy
surrounding the defeat of Congressman Bob Dornan (R-CA) by Democrat
Loretta Sanchez, Traficant was the only Democratic member of Congress
who advocated a new election, due to possible voting in that race by illegal
aliens. Sanchez would later introduce a bill expelling Traficant from the
House of Representatives.[9]

Indictment, conviction, testimony to House

Ethics, and expulsion from Congress

This section requires expansion with:

details on charges and allegations.
In 2002, Traficant was indicted on federal corruption charges for taking
campaign funds for personal use. Again, he opted to represent himself,
insisting that the trial was part of a vendetta against him dating to his 1983
trial. On April 15, he was convicted of 10 felony counts including bribery,
racketeering, and tax evasion. As per House rules, he lost his right to vote
on legislation pending an investigation by the House Ethics Committee.
Eventually, the House Ethics Committee recommended that Traficant be
expelled from Congress. On July 24 the House voted 420-1 to expel him.
Gary Condit was the lone "no" vote, and nine members voted "present."
Traficant was the first representative to be expelled since Michael Myers's
expulsion in 1980 as a result of the Abscam scandal.
After his expulsion, Traficant ran as an independent candidate for another
term in the House while incarcerated at the Federal Correctional Institute,
Allenwood.[10] He received 15 percent of the vote (27,487 votes) and
became one of only a handful of individuals in the history of the United
States to run for a federal office from prison. The election was won by one
of his former aides, Tim Ryan.[4]

Prison
James A. Traficant, Jr. had the Federal Bureau of Prisons ID # 31213-060.
[11] Traficant served his first 17 months in prison at FCI Allenwood and
shortly after, he was shackled and put in solitary confinement for causing a
riot after telling a guard, "People can't hear you. Speak up."[12] For nine
months, beginning in March 2004, he served with 20 inmates in one locked
room at the Federal Correctional Institution Raybrook with a public
commode, and with four in a room at Federal Medical Center, Rochester for
three years. He was admonished by prison officials in Raybrook he was
only a "few points away" from a penitentiary. In the seven years of
incarceration, he refused any visitors because he didn't want anyone to see
him. He wore his hair in a pony tail without his trademark hairpiece.
Traficant took up artwork while in prison; according to his wife, he did not
have access to a computer there.[13] "I understood the dynamics of prison
life." Regarding the overcrowded prison system he said, "And now what
you have is, they want to keep the prisons open, keep the jobs going.
They're putting 20, 30 years on some of these young people, and it's out of
hand." He was released on September 2, 2009, at age 68, and is subject to
three years of probation.[14]
While in prison, Traficant received support from David Duke, who urged
visitors to his personal website to donate to Traficant's canteen fund. Duke
also posted a letter written by Traficant stating that he was targeted by the
U.S. Department of Justice for, among other things, defending John
Demjanjuk. Traficant also claimed, in the letter, that he knew facts about

"Waco, Ruby Ridge, Pan Am Flight 103, Jimmy Hoffa and the assassination
of President John F. Kennedy", which he may divulge in the future. Author
Michael Collins Piper, who initially helped circulate Traficant's letter, said
that "There's stuff I've written about Traficant that's showing up in places I
don't even know. It's like (six) degrees of separation with the Internet now,"
and denied that Traficant had any direct connections to Duke.[13]

Release from prison

Traficant was released from prison on September 2, 2009.[11] On
September 6, 2009, 1200 supporters welcomed him home at a banquet with
an Elvis impersonator and a Traficant look-a-like contest. "Welcome home
Jimbo" was printed on T-shirts. "I think it's time to tell the FBI and the IRS
that this is our country and we're tired -- tired of the pressure, tired of the
political targeting, tired of a powerful central government that is crippling
America," he said. Traficant said he hasn't decided yet whether he will run
again for Congress. He also said he doesn't care about what anyone did to
him or does to him in the future. "I'm going to say what I think is right, I'm
going to do what I think is right," he said. "And if it offends some people,
then so be it. You see, because I'm still, I guess, the same jackass I
was."[15][16][17]

Current political views

In an interview with Fox News' Greta Van Susteren in September, 2009,[12]
he said he was the top target of AIPAC and the U.S. Justice Department. On
the subject of Israel, he stated:
They [Israel] are controlling much of our foreign policy. They're
influencing much of our domestic policy. Wolfowitz as
undersecretary of defense manipulated President Bush number
two back into Iraq. They've pushed definitely, definitely to try to
get Bush before he left to move into Iran. We're conducting the
expansionist policy of Israel and everybody's afraid to say it.
They control much of the media, they control much of the
commerce of the country, and they control powerfully both
bodies of the Congress. They own the Congress.
He claimed he had predicted another economic depression, but people at the
time had just laughed at him.[18][19][20] Traficant has also expressed his
support of the Fair Tax plan and criticized President Obama's stimulus bill.
He has said of Congress, "I think it is a big whorehouse and they better start
taking care of America and stop worrying about the Middle East and worry
about the Midwest."[21]
After his release from prison, he was featured as a guest speaker at a Tea
Party Protest in Columbiana, Ohio.[22] He has also committed to speaking

at an American Free Press-sponsored event in Washington D.C. in February.

[23] In May 2010, Traficant filed petitions to run as an independent in the
17th district, and said that his platform would be to repeal the 16th
Amendment to the United States Constitution.[24] Traficant ultimately
received 16% of the vote, finishing third to Democratic incumbent Ryan
(54%) and Republican challenger Jim Graham (30%). [25]

See also
List of United States Representatives from Ohio

References
1. ^ "Archives". CNN.com. April 11, 2002.
http://archives.cnn.com/2002/LAW/04/11/traficant.trial/. Retrieved
2007-11-12.
2. ^ Traficant lands a part-time job on radio
3. ^ http://ohiomediawatch.wordpress.com/2010/07/07/closure-iscoming/
4. ^ a b c d "In less than a minute, Traficant is on the ballot". Associated
Press. 2010-09-01. http://www.vindy.com/news/2010/sep/01/in-lessthan-a-minute-traficant-is-on-th/. Retrieved 2010-09-04.
5. ^ "ELECTION UPDATE: Ex-congressman James A. Traficant Jr.
loses new bid for Congress". The New York Times. 2010-11-02.
http://www.vindy.com/news/2010/nov/02/election-update-excongressman-james-traficant-jr-/. Retrieved 2010-11-17.
6. ^ Peyko, Mark C (February 28, 2002). "Notes From Youngstown:
The Angry Voice of a City Left Behind". The New York Times.
http://query.nytimes.com/gst/fullpage.html?
res=9A00E6D81531F93BA15751C0A9649C8B63&st=cse&sq=pey
ko&scp=1. Retrieved 2008-03-24.
7. ^ Traficant says he would testify for Demjanjuk, Jewish Telegraphic
Agency
8. ^ "All Immigration Votes of Representative James Traficant."
NumbersUSA. Accessed January 6, 2008.
9. ^ "Congress beams up Traficant." In the Crossfire. CNN. July 25,
2002. Accessed January 6, 2009.
10.^ "Traficant arrives at federal prison". CNN. 2002-08-06.
http://archives.cnn.com/2002/ALLPOLITICS/08/05/traficant.prison/
. Retrieved 2009-11-13.
11.^ a b "JAMES A TRAFICANT JR." Federal Bureau of Prisons.
Retrieved on May 29, 2010.
12.^ a b Van Susteren, Greta (2009-09-10). "Exclusive: Traficant - 'I
Was a Target. ... I Must Have Been Doing Something Right'". Fox
News. http://www.foxnews.com/story/0,2933,549164,00.html.
Retrieved 2009-11-13.

13.^ a b "White nationalists, conspiracy theorists join Traficants

cause".
http://www.tribtoday.com/page/content.detail/id/526652.html?
nav=5021. Retrieved September 21, 2009.
14.^ Merchant, Norman (2009-09-02). "Ex-congressman Traficant
freed". Canton Rep. Associated Press.
http://www.cantonrep.com/ohio/x1595417268/Ex-congressmanTraficant-freed. Retrieved 2009-09-29.
15.^ Disgraced Fmr. Rep. James Traficant Released From Prison by
Lindsey Ellerson, ABC News, September 2, 2009.
16.^ Ex-Con Jim Traficant Weighs Reelection to House by Devin
Dwyer, ABC News, September 15, 2009.
17.^ Traficant Completes Sentence for Bribery by Mary Jordan,
Washington Post, September 3, 2009.
18.^ Traficant: I could have been hurt while in prison, Associated Press
(posted on Google.com), September 10, 2009.
19.^ Traficant rips 'enemies' at welcome-home party by Janet Okoben,
The Plain Dealer (Cleveland.com) September 07, 2009.
20.^ Traficant: Israel has stranglehold on U.S. govt, Jewish
Telegraphic Agency (JTA), September 13, 2009.
21.^ "Jim Traficant: 'Stimulate this'".
http://www.politico.com/news/stories/0909/27505.html#ixzz0S228A
uPo. Retrieved September 24, 2009.
22.Retrieved September 16, 2009.
23.^ "Jim Traficant: 'I'm going to run'".
http://www.politico.com/news/stories/1209/31066.html. Retrieved
December 30, 2009.
24.^ "Traficant files petitions to be candidate for Akron congressional
district". http://www.ohio.com/news/break_news/92681999.html.
Retrieved May 3, 2010.
25.^ http://www.politicsdaily.com/tag/Jim%20Traficant/

External links

Wikiquote has a collection of quotations related to: James

Traficant
Biography at the Biographical Directory of the United States
Congress
Voting record maintained by The Washington Post
Traficant Speeches and Explusion Hearing Transcript
"Look at what Traficant swept under the rug" CNN, August 1,
2002
Archive of many of Traficant's congressional speeches
RBN Radio Broadcast on the Jim Traficant Case (8/03/07)
Jim Traficant On Demand - WTAM archive
Jim Traficant on The Alex Jones Show (PrisonPlanet.TV), 19
February 2010 (YouTube)

 Trafficant quarterbacking Pitt over Navy

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