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THE JAILHOUSE LAWYER'S WEBRING

Manager: lazarst
This web ring forum is for all those who seek to promote liberty and justice and have a diligent regard for the fundamental rights of free men and women in a civilized society. We are a gathering of those who struggle in the battle for liberty and the cause of freedom.
 

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OWNERS OF THE PRISON SYSTEM IN AMERICA - Part 1 - 10/28/2005
From: Lynn Schmaltz

"I had many opportunities to educate women on the monetary system running the jail "system" in this country. The moment an order is written, whether it's a warrant, judgment, or a traffic ticket, or whatever, the money machine is activated. Every prisoner has a monetary value to the corporate "governments" whether they are Local, County, State or Federal. Bonds are written based on the ens legis (artificial) person's "name" and Social Security Number and are sold through a brokerage firm such as A.G. Edwards or Merrill Lynch who has the Contract to sell all the prison bonds for the City, County, State or Federal prisons. Over 50% of the money market bonds right now are purchased in Japan or China. I've been told by researchersthat Wal-Mart and, used to be, K-Mart also purchase these bonds, Wal-Mart mostly doing so by emptying out bank accounts at night. Both companies are fronts for enormous money machines.

The way the Bond works is that a monetary value is placed on the alleged Crime and then factored the way banks factor their money. In other words if a ens legis (artificial) person is "convicted" of a felony the "value" would be $4 million. The County/City/State then multiplies it by a factor of ten, so the Bond that goes out for sale with the prisoner's "name" and Social Security Number is a short-term "Promissory Note". It's offered at $40 million. Perhaps an investor will offer 40% of the $40 million, or $16 million. Once this "Promissory Note" of the face value of $40 million reaches the Banks it is then multiplied again by 200 to 300% and sold as Bank Securities..."



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