The “Control System” Is Collapsing – ‘The Great Taking’ Looms As Globalism’s Last Gasp

The Great Taking: The Latest “Anti-Mainstream” Conspiracy

A new book has exploded on the alternative / conspiracy / fringe landscape over the past few weeks – I don’t mean that in a derogatory sense. Zerohedge, Bombthrower Media, et al, we all occupy this space. Let’s call it, “anti-mainstream”.

The book is called “The Great Taking” and there is now a YouTube video documentary of it here. You can’t actually find it on Amazon (deliberate choice by author, I presume); I bought my copy via Lulu, but you can download the PDF for free here.

At the risk of oversimplifying it: The Great Taking puts forth a warning that a virtually unknown entity called “The Depository Trust & Clearing Corporation” (DTCC) is effectively the “owner” of all the publicly traded companies in the world, and in fact all debt-based assets of any kind:

“It is about the taking of collateral (all of it), the end game of the current globally synchronous debt accumulation super cycle. This scheme is being executed by long-planned, intelligent design, the audacity and scope of which is difficult for the mind to encompass.

Included are all financial assets and bank deposits, all stocks and bonds; and hence, all underlying property of all public corporations, including all inventories, plant and equipment; land, mineral deposits, inventions and intellectual property. Privately owned personal and real property financed with any amount of debt will likewise be taken, as will the assets of privately owned businesses which have been financed with debt.”

Over the course of the book, the author describes a 50-year process by which ownership of shares in public companies, and all debt collateral has been “dematerialized”.

More…

OR

The One Quadrillion Dollars Derivatives Bubble: “The Great Taking”: How They Plan to Own It All

What happens if the DTCC goes bankrupt? Under The  Bankruptcy Abuse Prevention and Consumer Protection Act (BAPCPA) of 2005, derivatives have “super-priority” in bankruptcy. (The BAPCPA actually protects the banks and derivative claimants rather than consumers; it was the same act that eliminated bankruptcy protection for students.) Derivative claimants don’t even need to go through the bankruptcy court but can simply nab the collateral from the bankrupt estate, leaving nothing for the other secured creditors (including state and local governments) or the banks’ unsecured creditors (including us, the depositors). And in this case the “bankrupt estate” – the holdings of the DTCC/Cede & Co. – includes all of our stocks, bonds, digitized securities, mortgages, and more.

It sounds like conspiracy theory, but it’s all laid out in the Uniform Commercial Code (UCC), tested in precedent, and validated by court rulings. The UCC is a privately-established set of standardized rules for transacting business, which has been ratified by all 50 states and includes key provisions that have been “harmonized” with the laws of other countries in the Western orbit. The UCC makes boring reading and is anything but clear, but Webb has diligently picked through the obscure legalese and demonstrates that the amorphous “they” have it all locked up. They can take everything in one fell swoop, without even going to court. Ideally, we need to get Congress to modify some laws, beginning with the super-priority provisions of the Bankruptcy Law of 2005. Even billionaires, notes Webb, are at risk of losing their holdings; and they have the clout to take action.

More…

    
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foot in the forest
foot in the forest
10 months ago

The sooner the better. Have been shorting the dollar since 2010

Green Hornet
Green Hornet
10 months ago

Humans are peculiar and unpredictable, we get awful defensive when predators come around.
No AI wargaming can account for what a man will do when threatened. It would behoove those “in charge” to recognize this fact.

Jane
Jane
10 months ago
Reply to  Green Hornet

Oh, those who are in charge will be running for the hills. Eight billion people will be after them.

Hillbilly
Hillbilly
10 months ago
Reply to  Jane

Very difficult to locate and they will have ample security. Not to mention the DPCC entity is a shell. No individual names will be discerned.
One day you will have a portfolio the next day you won’t.

Jane
Jane
10 months ago

Everyone must read this post. Share it with everyone willing to listen.

Dan
Dan
10 months ago

The goal of the globalists is to take EVERYTHING. Only a handful of powerful elite will be allowed to own and control anything. Every one else…who they allow to survive…will be serfs. They are seeking to recreate the feudal system of the dark ages where a handful of evil people owned and controlled EVERYTHING. That is their goal. And the ONLY say to stop these evil oxygen thieves is to kill them. Nothing else will stop them.

Blackdog
Blackdog
10 months ago

This has bugged me for awhile.
These schemes seem to span multiple generations.
Why would the originators (who are long dead by now) set such a long plan in motion? What was in it for them?
They had to know it wouldn’t come to fruition in their lifetimes.
I have a half baked theory, but it is “out there”.

Joe Blow
Joe Blow
10 months ago

Who wants my property?
Come and take it….

Jane
Jane
10 months ago

Here is a film to watch.
The Scary Parallels Between the Great Depression and Today.
Pay attention. The Great Taking is knocking at our door.
https://youtu.be/DUAHqrdIAz8?si=M4Io0YbE8p21QVyV

Nobody
Nobody
10 months ago

They want us dead. They consider us as trespassers on their planet.

GenEarly
GenEarly
10 months ago

Comrades of the late great USSA: Yin/Yang can be “Tricky” to navigate, but it is Reality. Do We’Me/You really desire to support this current Feral Coup Bankrupt Charade: gov, woke corp’s, fiat $, CBDC’s, demoncracy, borderless America???
Anything “digital/paper” is a Representation of something Physical. In a Great Taking by Banksters…. “who” will be doing the physical taking??? Not the banksters. Sheriff’s Deputies? Who are also losing their physical assets? from an armed and very angry citizenary? 
If you are In Possession of anything Physical, and you can Physically Keep It, It’s Yours, otherwise it’s just in the “Clouds”. imho.
Yin/Yang What A Game !!! Play to Win, Comrades. CYA, conduct yourselves accordingly, All the best!!! & Have a Merry Christmas, really hug your loved ones.

Hillbilly
Hillbilly
10 months ago

The baby boomers own 87 Trillion in wealth. It will more than suffice the globalists empire. This isn’t the first time this event has been proposed. My advice is to divest of fiat currency. Convert to non US fractional gold and silver coins. Ammo, liquor, food stuffs, common medicines like Tylenol, toothpaste, TP, SOAP, rubbing alcohol, bleach, detergents, beans, oats, freeze dried fruits and vegetables.