The Great Taking

Everything is going according to plan!

Well (some of you might be thinking), that didn’t take long. My “silence” lasted less than a month. It was predicated on nothing major happening during the interval. Something has. I’m not referring to the deadly Hamas-Israeli clash, though I’ll have a few words to say about that at the end here, and more later. I’m referring to what is probably the most important book of 2023.

A friend drew my attention to it: The Great Taking, by David Rogers Webb, whom I’d not heard of previously. The friend did not want to be identified. One of many folks who are keeping their heads down for many good reasons.

What is The Great Taking about? Handing Mr. Webb the mike:

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. If even partially successful, this will be the greatest conquest and subjugation in world history….

Private, closely held control of ALL central banks, and hence of all money creation, has allowed a very few people to control all political parties and governments; the intelligence agencies and their myriad front organizations; the armed forces and the police; the major corporations and, of course, the media. These very few people are the prime movers. Their plans are executed over decades. Their control is opaque. To be clear, it is these very few people, who are hidden from you, who are behind this scheme to confiscate all assets, who are waging a hybrid war against humanity (p. 1).

About this my friend aggregated the following (I’ve done some very light editing):

LEGAL CODE NOW IN PLACE FOR FEDERAL RESERVE TO CONFISCATE ALL ASSETS

Investment advisor Doug Casey says of the Great Taking, “It’s a “scheme of central bankers to subjugate humanity by taking all securities, bank deposits, and property financed with debt. David Webb, a former hedge fund manager and Wall Street insider, has blown the lid off a diabolical plan more than 50 years in the making in a shocking new book.”   

https://internationalman.com/articles/3-ways-to-survive-the-great-taking/

The bond market froze over the last few weeks. The derivatives market [valuation: now well over a quadrillion; that’s 1,000 trillion, dollars, exceeding the entire world’s GDP many times over] is set to implode. When these global markets collapse they will cause cascading defaults. One bankruptcy will cause other businesses and individuals to go bankrupt like falling dominoes. In anticipation of the collapse, the Federal Reserve and other central banks have worked to pass laws that will ensure that the biggest banks end up owning all assets. We have all heard that these banks are “too big to fail,” but we did not realize that they were given a special “high priority” legal designation that allow them to confiscate property electronically and without going to court.

https://internationalman.com/articles/3-ways-to-survive-the-great-taking/

Attorney Ellen Brown offers a more detailed legal study of David Webb’s evidence and concludes: “It sounds like a conspiracy theory but it is all laid out in the Uniform Commercial Code (UCC), tested in precedent, and validated by court rulings.” See Ellen Brown: The Great Taking: How They Plan to Own It All.  

https://www.globalresearch.ca/great-taking-they-plan-own-all/5834686

The Great Taking by David Webb, is available for free at

https://thegreattaking.com/

It’s just 130 pages, and outlines how all assets will be confiscated and transferred to "high priority" or "too big to fail" banks. Everyone will be impacted, from factory workers, congressmen, doctors and nurses, other professionals, even a lot of billionaires. EVERYONE.

People will lose their homes, mortgages, pensions, and 401Ks.

The legal constructs needed to make wholesale confiscation possible have happened gradually and quietly. However, the first hint that our legal system has been transformed happened when Lehman Brothers went down in 2008. Investors were shocked to learn that they were “unsecured creditors.” Investors learned that the stock and bond assets they thought they owned had become Lehman’s collateral. Thus, upon Lehman’s bankruptcy, investor assets were electronically transferred to JP Morgan Chase, a “high priority creditor.” Federal laws and state Uniform Commercial Code laws are now fully implemented that make any assets not in your personal possession (bank balance, stock shares, bonds) into assets owned by others (your bank, broker and asset manager) in your name, and subject to being used to satisfy their debts upon their bankruptcy. Unfortunately, you are last in line when that happens. (This is similar to the set of changes that were made to bank deposits, but now applied to securities.) 

David Webb is a former hedge fund manager who went down a legal wormhole trying to figure out the safest jurisdiction for his own assets.   That journey allowed David Webb to uncover the legal changes, in both states and nations, that have made confiscation possible without going to court. Webb talks about this here:

Below is an accessible discussion of the book.

Steven again. Some of the terminology here may be formidable. Even after reading The Great Taking I’d have trouble explaining what a “credit default obligation” is. We have to learn the vocabulary.

Then what? Rather like covid-19(84), this is global in scope, and it is very far along.

First, download and read The Great Taking. It’s free, remember? At first glance, its Prologue is tough slogging. Webb, who knows he is an unknown quantity, is building credibility. He demonstrates two things: (1) He has the background, the work ethic, the track record, the skills, and in the past, the contacts, all aligned to indicate that he knows what he is talking about. (2) Having had a difficult upbringing in a working class family (parents as Depression kids), he made the leap to the financial world where eventually he rubbed noses with billionaires (including George Soros)—but when all is said and done, he remained one of us: a believer in freedom, in legitimate free markets in a culture based on freedom, not control systems, and in the idea that people should be the primary guardians and directors of their own lives, not be dictated to by unseen others whose only interest is in power.

The second thing to do, therefore, is expose this evil scheme, far and wide! I therefore urge you to send the link to this article to all your contacts, with a separate link to where they can download The Great Taking for free. The more people who read it—multiple times!—the better!

Then what? I’m not suggesting write to your Congress critter, as most Congress critters are clueless. But that said, you’ve nothing to lose. I’m reasonably sure you’ll have better luck with Republicans than you will with Democrats.

I’ve revamped this Substack as part of my own effort to wrestle with how to proceed at this point. We’re beyond being “red-pilled” (a phrase which has grown old and stale).

The long and short of it: along the way we’re going to have to revisit all the familiar political-economic categories. Democracy is clearly dead, if it ever existed at all beyond superficials, if these kinds of behind-the-scenes maneuvers are possible and it’s all legal. The same can be said about capitalism, neoliberal style (its prevailing form whether anyone likes it or not, or wants to admit it or not), and which has gone from mere capital accumulation and a redistribution of wealth upwards—what Peter Turchin calls a wealth pump—to an incremental implementation of what some are calling technofeudalism. Technofeudalism is replacing capitalism, not socialism. (We ought to question these fundamentally Marxian categories and progressions!)

While the basics of what technofeudalism is are still being worked out, what we can say so far: it is a totally centralized system of political economy in which (1) all transactions are done digitally so they can be monitored, physical cash having been eliminated; (2) you own nothing and rent everything, and (3) are therefore at the mercy of the real owners of everything, your political-economic masters. Your position in this dystopia is not unlike that serfs at the mercy of “their” feudal lords back in medieval times. You can only hope that if you become too much of a burden “they” will end your life peacefully.

Here is how David Rogers Webb describes this in a crucial passage of The Great Taking (p. 57-58); the context is a discussion of central bank digital currencies (CBDCs) which are in the developmental stage in over a hundred countries and being test-driven in close to a dozen:

The Atlantic Council is a think tank which “creates a meeting place” for heads of state, military and institutional leaders. It is a member of the Atlantic Treaty Association, an umbrella organization, which draws together political leaders, academics, military officials, and diplomats to support the North Atlantic Treaty Organization (NATO).

The focus of the Atlantic Council is military strategy, not economics. And what is the Atlantic Council focusing on now? Central Bank Digital Currency (CBDC), which is virtual money backed and issued directly by central banks. The Atlantic Council has quite a nice CBDC tracker [47]. Here, one can see that, as of this writing, central banks in 114 countries representing 95% of the global economy are working on CBDC, that 11 countries have fully launched digital currency, that all G7 economies have now moved into the development stage of CBDC, and that 18 of the G20 countries are now in the advanced stage of development.

Why is this happening now globally? Is it really a desire to bring “financial inclusion” to the disadvantaged? Why would The Atlantic Council, a military strategy think tank, focus on CBDC? We are living within a global hybrid war, a component of which will be the collapse of the banking, money, and payments systems globally. War aims will be achieved by means other than kinetic war. The foremost aim of the people who have privately controlled the central banks and money creation is that they will remain in power, forever. They can risk no pockets of resistance.

Augustin Carstens is the general manager of the Bank for International Settlements (BIS). One can see the following comments of his, which have “gone viral”, just after the twenty-four minute mark in the video of the virtual meeting titled Cross-Border Payments—A Vision for the Future [48]:

We don’t know . . . who’s using a $100 bill today and we don’t know who’s using a 1,000 peso bill today. The key difference with the CBDC is the central bank will have absolute control on the rules and regulations that will determine the use of that expression of central bank liability, and also we will have the technology to enforce that.

In other words: CBDC means absolute control. And so, if the “old” money system somehow collapses, new money will be provided by the central banks in the form of Central Bank Digital Currency (CBDC), the new and improved control system.

Imagine . . . it is chaos. You have lost everything but your smart phone (If you don’t have one, don’t worry—you will be issued one). You will download an app. You will click boxes agreeing to everything. You will become increasingly indebted with each payment you make using the CBDC you are “given” on your phone. You will be told what to do and what not to do from then on. You will comply if you want to eat (pp. 57-58).

I’ve mentioned the merits, these days, of working to extricate oneself from the industrial grid which ensures integration with, and dependency on, this system. I’ll be saying more about this in future postings, as well as the various societal moves, philosophical as well as scientific and economic, that enabled the conditions of this looming catastrophe to develop. It is encouraging that such efforts are already underway. But look again at the above phrase:

They can risk no pockets of resistance.

Among the real challenges of the near future is whether the financial power elites biding their time as they orchestrate the collapse of the present financial order and then bring about its reconstruction in a form giving them total power will permit anyone and anything to exist outside of it.

The final thing you can do right now, in this case, is to recognize that God is sovereign, that He is allowing this nightmare to unfold in order to work His will in the long run; that He never promised us trouble-free lives in a fallen world, and that His Kingdom will triumph in the end. If you do not know Jesus Christ, I would advise you to discover Him. Ephesians 6: 10-20; Romans 3:23; Romans 6:23; John 14:6; Revelation 3:20.

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As everyone presumably knows, on October 7 Hamas launched a deadly attack that killed approximately 1,300 Israelis and have taken almost 200 more as hostages. Why Hamas did something that on the surface looks so boneheaded: we don’t know. They had to know that the Israelis would retaliate in equal deadly fashion, and they have. I therefore suspect hidden actors, and given the material we’ve just seen, I don’t think they’re the Iranians.

Among the things that advances the agenda of the power elites is creating as much chaos and instability in the world, through terrorism, war, “color revolutions,” and forced migrations of helpless populations.

Life in Gaza City has gone from bad to unlivable, with Israel ordering a logically-impossible amidst air bombardments in preparation for a ground invasion which could happen any day, its purpose being to root out and destroy underground Hamas facilities.

Thousands of people have been killed. With Gaza cut off from shipments of clean water, food, and medical supplies, evacuees—common people, many of them already injured, some pregnant, etc.—are just trying to survive.

I created this fundraiser yesterday morning. It’s chancy, involving myself in this, and it’s already received a hostile reaction on LinkedIn, but I decided I can sit in the safety and relative seclusion of my apartment and do nothing.

Donate to help the struggling people trying to flee Gaza. Remember: not every Gazan is a member of Hamas. They’re just trying to survive. So this is not about “taking sides.”

Here’s the link where you can donate if you are so inclined: https://gofund.me/d58ccdbc.

Thank you for reading my Substack.