YOUR STOCKS CAN BE TAKEN | David Webb
All of your stocks and bonds can be taken with total legal certainty in the next financial collapse. Former hedge fund manager and investment banker, David Rogers Webb, explains the legal structures put in place to achieve the goal of us to “own nothing and be happy.” David Webb calls this endgame “The Great Taking.” You can read his book for free or order a print copy at www.TheGreatTaking.com
A solution to this problem is to request physical share certificates. With the physical share certificate in your hands, the security won’t be used as collateral on derivatives contracts via the DTCC. But be prepared for it to take a month to request the certificate and a month to put it back on the market in street name to trade. One can see the enabling language in the UCC code in line (d) exception in the following section of the Article 8, Section 504, which says the clearing corporation (DTCC) can encumber your securities into a derivative contract.
https://www.law.cornell.edu/ucc/8/8-504
“(d) This section does not apply to a clearing corporation that is itself the obligor of an option or similar obligation to which its entitlement holders have security entitlements.”
This interview was shot as apart of a documentary about efforts to STOP the Great Taking, titled STOP IT! The Great Taking. See the trailer for this film here: • STOP IT! The Great Taking Film TRAILER
Please donate to the production of this film to make it a reality: https://bigpicture.watch/product/the-great-taking-film/
