Article XI of the NAC answers the questions, “What do we do with all those assets that the former behemoth of a national government held?” and also, “How do we deal with all its debts?” The former question is answered by simply transferring the assets and possessions and properties from the former national Congress to the federal Congress under the NAC, but the federal Congress cannot just do whatever they want with them, but must dispose of them as the NAC dictates. Some properties will be retained and used by Congress, some will be returned to former owners and others will be sold or donated to the States. The effect will be like letting the air out of a gigantic, over expanded balloon that fills up the available space of a location and blocks the view of everything behind it, causing it to deflate and lay flat on the ground, allowing people to finally observe the panorama. All that stuffy, inflated tension will vanish, seemingly overnight, and Americans will finally be able to breath in a new environment of small and limited government, which will cause a great many people to realize that there is more to life than government.
In like manner, the NAC disposes of the debt, but in jubilee style:
Jubilee, Year of
A name given to every 50th year. It got its name from the fact that the beginning of the year was announced by the blowing of a trumpet on the Day of Atonement. In it land that had changed hands, except in non-Levitical walled cities, reverted to the family to which it had belonged at the original settlement, and all bondmen of Israelite birth were set free (Lev. 25:8–16, 23–55; 27:16–25). We have no record in the Old Testament of the observance of any year of jubilee, but the prophets allude to it in various passages. See Sabbatical Year. (Taken from the Bible Dictionary entry of the same name.)
In a sense, all American “bondmen” are set free from the debts of their former government. The debts contracted by the national government do not pass to the American people, nor to the States, but the year of the passage of the NAC becomes a sort of jubilee year. As the “original settlement” of the American people were the Articles of Confederation, this act of reverting back to the Articles, (perfected in the NAC,) resets the debt to zero.
The Federal Reserve is specifically targeted by the NAC
Article XI. Section 3. That government fiat shall never again exist in the land, all notes in circulation within the confines of the Confederacy, which are held by the people of the several States, which were authorized by the previous national government, through its agents, and given legal tender status, being debt instruments, shall be redeemed by said agents, in coin which is in the standard fixed by Congress, or in certificates backed by and redeemable for the same, by turning out property held by the said agents, or otherwise, as the case may require, that all such debts are cancelled out in due time, and Congress shall have power to regulate and enforce said redemptions, that all such business is transacted in a prompt and proper manner, according to law.
This means that the American people are not going to be left holding worthless paper when the NAC passes. These pieces of paper will have to be redeemed into real money, by the Federal Reserve. Now, when the heads of the Federal Reserve banks get wind of the NAC, and specifically when they read this section, they are going to poop their pants, for this is going to level them to the ground. This brings to mind a few scriptures:
And it came to pass that Moroni commanded that his army should go against those king-men, to pull down their pride and their nobility and level them with the earth, or they should take up arms and support the cause of liberty.
And it came to pass that the armies did march forth against them; and they did pull down their pride and their nobility, insomuch that as they did lift their weapons of war to fight against the men of Moroni they were hewn down and leveled to the earth. (Alma 51:17-18)
Let the brother of low degree rejoice in that he is exalted: but the rich, in that he is made low: because as the flower of the grass he shall pass away. (James 1:9-10)
I, the Lord, stretched out the heavens, and built the earth, my very handiwork; and all things therein are mine. And it is my purpose to provide for my saints, for all things are mine. But it must needs be done in mine own way; and behold this is the way that I, the Lord, have decreed to provide for my saints, that the poor shall be exalted, in that the rich are made low. (D&C 104:14-16)
The pride and nobility of these Federal Reserve bankers is going to be pulled down and they will be made low by the NAC. It will be interesting to see what kind of reaction we will get from them. Will they commit suicide like what happened during the Great Depression? (Many rich men cannot fathom being without their wealth. They would rather die than live without their wealth.) Will they attempt to ensconce their wealth offshore and flee the land? If so, I suppose those Letters of Marque and Reprisal authorized by the NAC will be issued almost immediately upon passage of the NAC to retrieve the crooks and their stolen loot.
Certain records to be destroyed
Article XI. Section 5. Congress shall destroy all records and information which was obtained by the former national government through general warrants, and any property which was confiscated through such warrants, shall be returned, by Congress, to the rightful owners, if possible, and if not possible, Congress shall use or dispose of them according to their lawfulness; and all the rest of the records shall be placed into the congressional archives.
The NAC considers general warrants to be an abomination, so an exception is made to records and information that were obtained unlawfully (through general warrants.) These must be destroyed so that the privacy of the individuals who had their rights infringed upon is restored to them.
Only five, but sweeping, sections
Article XI only has five sections to it, but they are powerful and clearly show the superiority of the NAC to the USC. To compare:
Under the USC, we have an all-encompassing monster, gobbling up every asset, possession, property, right and privilege that it can, growing larger seemingly day-by-day and hour-by-hour. It lives to eat and saddles the American people with its debts, which are never given a release (a jubilee.) It creates money by fiat, out of thin air, like a magic act, which eats away at the people’s wealth from moment to moment, creating an ever-widening plantation of slaves and serfs. The group that brought the con known as the Federal Reserve live in exorbitant wealth, like kings, all stolen from the people through intrigue and conspiracy with the monster at the helm, fully protected from any prosecution. They are criminals and they know it, and the government knows it, but under the USC these crooks are allowed full sway. Add to that the abomination of general warrants and you get, essentially, a government operating with kingly authority, not as a just king, but as an iniquitous king. All that (and more abomination) is what we have under the USC.
The NAC, though, considers our break with King George to be a permanent thing. There is to be an end to both kings and governments exerting kingly authority. Under the NAC, we get a huge reduction in government size and a relief from both consumer and government debt. The government debt is relieved by the jubilee, while the consumer debt is relieved by taking away the debased currency of the people and restoring to them the sound currency they were supposed to have, which was, essentially, their birthright. The very crooks that took away their birthright are made to pay for the transition back to it. General warrants are both abolished and the effects of them upon the people are redressed. And so on. In effect, the NAC operates as a just king, righting whatever wrongs it perceives.
In conclusion, let’s rejoice
Americans are under an enormous amount of stress these days. Eroding freedoms, coupled with eroding wealth and a debased currency, coupled with government debt and criminal corruption, etc., are taking their toil on the American people. This is, of course, by design of certain conspiring men, to break us. When taking all these and other oppressive things into consideration, which pressures just keep building, and given the uncertainty of the future, and the fear mongers’ and doomsayers’ dire predictions, it is understandable that many Americans do not have much hope for the future.
Yet there is hope for the future, and it is grand. The dictionary summarizes “jubilee” as:
a special anniversary; also : a celebration at the time of such an anniversary
It also defines it as:
often capitalized : a year of emancipation and restoration provided by ancient Hebrew law to be kept every 50 years by the emancipation of Hebrew slaves, restoration of alienated lands to their former owners, and omission of all cultivation of the land
The NAC, then, is intended to be America’s first jubilee. We are to be fully emancipated and restored by it. So, Americans need not hang their heads down in hopelessness. They can now lift their heads in anticipation of the grand, nationwide celebrations that will surely occur upon passage of the NAC. In other words, this is in reality a time to rejoice.
Feel free to disagree on any point mentioned in this post. Bring your strongest reasons against the NAC and let’s have an open debate. And for those who like the NAC and want to install it as the Supreme Law of the land, here is my advice and prediction (and also see this comment, and this comment and this comment) :
A continual strategy of debate will install the NAC in this country and I challenge anyone to prove me wrong. I say that Americans will jump at the chance to debate the NAC and to show that the Constitution is better, but, according to the rules of the debate, they will have to read the NAC first, and once read, they will be hard pressed to defend the Constitution. Thus, everyone who hears, or watches, or reads, or participates in, a NAC debate, will become convinced that the NAC is what this country needs.
To read the other parts of this series, click any of these links: