Re: Valkyrie's Account Talk
this is who has been behind the changes to the security laws.But what is really scary is powers they want to give the governors which would completely disrupt the markets. it seems covid lock downs was a trial run
Meet The Group Threatening Our Freedom You’ve Never Heard Of
""Take, for example, the disturbing model bill titled the Public-Health Emergency Authority Act (PHEAA). The ULC drafted and formally approved PHEAA in 2023, and it’s now asking legislators to pass it into law.
In the event that a “public health emergency” breaks out in the future, the PHEAA would effectively turn governors across the country into all-powerful quasi-dictators.
Under the ULC’s public health emergency bill, governors would have the right to seize control of virtually every part of their citizens’ lives. They could, for instance, regulate the “zoning, operation, commandeering, management, or use of buildings, shelters, facilities, parks, outdoor space, or other physical space, and the management of activities in those places.”
""Under the ULC’s amendments passed in the 1990s, most individuals and pensions no longer directly own their investments. Instead, ownership belongs to their bankers, brokers, or, in the vast majority of cases, the custodians holding securities on behalf of brokers or banks.
Under this model, brokers and banks were able to take their clients’ investments, pool them together, and then take advantage of those investments by including them in their financial arrangements. This has empowered Wall Street and financial institutions to profit substantially from their clients’ wealth, all without most people having any idea how their investments are being used.
The ULC also convinced lawmakers to change the Uniform Commercial Code so — if a broker, such as Fidelity or Merrill Lynch, were to go bankrupt — brokers and financial institutions would typically be the first in line to collect payment on their debts. Individual investors and pensions were effectively pushed to the back of the line, putting them in grave danger of sustaining significant losses in a future financial crash.
The ULC not only wrote and promoted the model legislation that led to these changes in the 1990s, it has also been actively fighting recent attempts by some state lawmakers to give priority back to individual investors suffering from the bankruptcy of a broker. It seems the ULC is only interested in helping Wall Street and too-big-to-fail banks, not individuals and pension funds.""
"Our Constitution was made only for a Moral and Religious people. It is wholly inadequate to the goverment of any other." John Adams 10/11/1798
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