NESARA Economic, Financial, Legal Benefits
Revised April 2, 2003
Some of the major purposes of NESARA are to IMPROVE the
prosperity, and sovereignty of average people worldwide. All aspects of
NESARA have been thoroughly researched and developed to ensure the average
person's life is improved and their financial and economic assets are
safeguarded throughout the NESARA improvements processes.
People in most countries will receive bank-related debt forgiveness for
credit card debt, mortgages, car loans, education loans, personal loans,
home refinancing mortgages, home equity loans, etc. similar to what people
in the U.S. are receiving. Credit cards issued by major merchants such as
Sears will also be forgiven because the funds backing these merchant
credit cards are ultimately linked back to banks.
Credit Unions are "banks" and they will have to do the NESARA debt
forgiveness just like other U. S. banks. Some credit unions have signed
agreements to be affiliated with banks who are U.S. Treasury banks. All
U.S. credit unions will have to do this to become part of the new U.S.
Treasury bank system within weeks of the true NESARA law announcement.
The BANKS and credit unions are being PAID $8,500 per credit card to zero
the credit card balances out and are PAID GENEROUS amounts to forgive the
car, education, mortgage, personal, refinancing, and equity loans, etc.
The banks are being paid generously to do the debt forgiveness out of
massive funds that have been accumulating for well over 20 years in
In most countries, there will be INCREASES in the monthly amounts of
social services payments similar to what people in the U.S. will receive
for Social Security retirement payments, disability payments, and family
support payments, etc. within a few months of NESARA being announced. All
federal government social services payments will be continued after NESARA
until U.S. citizens/sovereigns/natural persons begin receiving funds from
the "new prosperity" programs.
The "new prosperity programs" will be publicly announced after NESARA is
announced. Eventually all people worldwide will have access to new
prosperity programs. It's time the world's people were lifted out of
"survival". Some experts state there has been enough money in the world
for the last 30 years that if the money were evenly distributed, every
person would be a millionaire. Five percent of the world's people control
95% of the world's wealth; NESARA frees up vast amounts of money for
worldwide distribution to all the world's people except those people
serving the dark agenda. NESARA initiates the distribution of vast wealth
to people all across the world.
People's pensions and investments are also being protected by the NESARA
process. Most people's pension funds are invested in some stock market
investments or similar kinds of investments. There are special provisions
in NESARA to PROTECT the average person's pensions and investments. Most
people's investments in the stock markets will be worth the same relative
amounts after NESARA is announced that these investments were worth
immediately before NESARA. People who are drawing pensions can expect to
continue to draw their pensions after NESARA without any problems.
The STOCK MARKETS, currency exchanges, and commodities markets will be
CLOSED for a period of days after NESARA is announced. The White Knights
enlisted contributions from the world's best experts in economics and
banking systems regarding how this WORLDWIDE shift in our economies will
be handled. There is an INDEX of prices of products and services which
will be tied to the price of gold and which will be used following
NESARA's announcement. The prices of stocks and bonds will be protected
from losing value and the major stockbrokerage firms have already set up
"conversion tables" which they will use after NESARA is announced. It is
expected that the price of gold will go up after NESARA is announced,
HOWEVER, stocks, bonds, etc. will HOLD their value because this has
already been built into the formulas.
We ALL will be receiving education via news and seminars in how the NEW
economic foundations will work. Most of us have no knowledge of how
economies work when the value of products and services are expressed in
currency which is backed by precious metals. Most of our beliefs about
how economies work will have to be changed after NESARA is announced.
There will be considerable education about the new economic foundations of
our economies before normal trading activities in stocks, bonds, gold,
commodities, etc. are restarted.
The amount of money people have in their checking and savings accounts
will be the same amount right after NESARA that was there immediately
before NESARA was announced. The amounts people have in their bank
accounts will be automatically valued in the new U.S. Treasury currency
immediately after NESARA's announcement. There will be ZERO loss of money
in people's bank accounts from NESARA's announcement.
After NESARA is announced, we will be exchanging our Federal Reserve Notes
for the new U.S. Treasury bills and we may do the exchanging in a number
of ways. We can pay for our purchases with the Federal Reserve Notes we
have on hand and major merchants and the U.S. Post Office will give us our
change in the new U.S. Treasury currency. We may also exchange our
Federal Reserve Notes at "certain" ATM machines where we can insert our
Federal Reserve Notes and get back the same amount of money in the new
U.S. Treasury bills. Finally, after the U.S. banks have re-opened their
lobbies after the banks do their NESARA transition processes following the
announcement, we can take our Federal Reserve Notes into banks and
exchange them for the new U.S. Treasury bills. There is zero benefit in
holding onto the Federal Reserve Notes after NESARA is announced, and we
will be able to easily convert them to the new Treasury currency. The
coins we are using will continue to be used.
Just as in the U.S., the paying of personal and corporate national income
tax will END around the world in the months after NESARA's announcement.
Immediately, as of NESARA's announcement, the IRS is abolished in the U.S.
and all payments of federal income tax by individuals and corporations
will totally CEASE. The only thing the IRS will do is process REFUNDS for
some months after NESARA is announced. Some IRS personnel and facilities
will be transferred to the new activities of collecting and processing the
new national sales tax which NESARA initiates to raise funds to pay for
Because NESARA abolishes the Federal Reserve System and provides for the
buyout of all shares and facilities of the Federal Reserve corporation by
the U.S. Treasury, NESARA immediately wipes out over 90% of the U.S.
national debt. The Federal Reserve System's charges of fees and interest
are the MAIN CAUSE of the U.S. national debt and therefore after the
buyout, the government can wipe out over 90% of the debt. For anyone who
does not understand the truth behind the Federal Reserve System, I suggest
you read the Dove Report entitled "NESARA Brings Prosperity; Fed. Res. is
Private Corp" and dated December 5, 2002. You may find this in the Dove
www.nesaranow.com in the December 2002
I have written about the price reductions required by NESARA over the last
30 months of writing about NESARA. Right now the PRICE of everything in
our lives is based on the purchasing power of the Federal Reserve Notes
which are basically 'worthless' fiat money that has nothing backing it but
"confidence" in the U.S. government. Since Roosevelt took us off the gold
standard in the 30's, we have had MASSIVE INFLATION due to the fact there
was nothing of value standing behind our money and also the Federal
Reserve banking system has many "built-in" factors that CAUSE inflation.
When the White Knight Justices developed the reformations of our banking
and currency system which sets up a new U.S. Treasury bank system and
absorbs the physical assets and personnel of the Federal Reserve system,
the Justices called together a coalition of the world's foremost economic,
monetary, and banking experts, as well as experts in Constitutional Law.
One of the major tasks was to REMOVE the INFLATION from the prices of
everything we buy. The decision was made to REPRICE everything so that we
start with a NEW price structure and an economy where the VALUE of
everything is supported by NEW precious metals backed currency.
The Justices and their coalitions of economic, monetary, and banking
experts have met with the heads of nearly all governments worldwide to
discuss these issues and have contractual agreements signed by heads of
all these governments stating that their country will also make these
changes within FOUR months of the true NESARA law being announced. When
the true NESARA law is announced, there will be many follow-up press
conferences regarding the DETAILS about how the new pricing structures
will work. Basically within 30 days of NESARA's announcement, PRICES on
most products and services will be REDUCED in the U.S. to ten percent of
what they are now. A month after NESARA is announced, a new television
which currently is priced at $350 will be repriced to $35 purchase price.
The White Knights have had the top experts in all fields provide input and
when ALL prices of ALL items are adjusted downward about one month after
the true NESARA is announced, there will be similar adjustments in the
prices of stocks and bonds. Stocks and bonds WILL KEEP their value
because EVERYTHING is being repriced. The repricing of stocks and bonds
will be just like the repricing of milk, eggs, and bread in the
supermarket. Instead of paying about $4 for a gallon of milk, we will pay
40 cents when the price changes go into effect. Instead of paying $1.20
for a gallon of gas, we will pay 12 cents per gallon. Stocks and bonds
will be repriced in the same way as other commodities we buy.
About a month or so after the true NESARA law is announced, ALL items and
services we buy will be repriced to correct for the massive inflation IN
PRICES of things that the Federal Reserve banking system has caused.
Right now we pay for things with basically worthless Federal Reserve
"fiat" money. BUT, after the true NESARA law, we will change over to our
new U.S. Treasury bank system and currency and our Treasury currency is
BACKED by gold, silver, and platinum! Consequently, under the new U.S.
Treasury bank and currency system, there MUST be an adjustment in the
current prices on items and services TO SQUEEZE OUT the inflation in
current prices that is totally due to our using worthless Federal Reserve
In addition, one of the most amazing improvements that rolls out from
NESARA and across the world is all people worldwide will eventually have
the same rights that we Americans have when NESARA restores our
Constitution and Bill of Rights to law of the land. When I first heard
about this, I wondered how this was being arranged. All I can tell you
today is that it is "divine intervention" and fairly soon after NESARA is
announced, the details will be revealed.
The restoration of Constitutional Law vastly improves our lives in ways
that are almost unlimited. NESARA wipes out all the traitorous laws like
the p.a.t.r.i.o.t. act, the homeland security act, and many other laws
back to 1933 when FDR took us out of Constitutional law as well as
selected laws prior to 1933. Under Constitutional Law, the inventors of
all the NEW ENERGY devices will be able to safely make their devices
publicly available and zero government agency or corporation will be able
to stop them. Alternative medical therapies and technologies can also be
made available without worry of attacks by FDA agents or other government
interference. There are many technologies and products which have been
suppressed and the inventors of these will be able to publicly unveil
these technologies and products which will help many people.
The restoration of Constitutional Law also requires that all judges, law
enforcement, and others MUST attend educational seminars and learn about
Constitutional Law. All courts in the U.S. will be closed for at least
one month while these Constitutional Law seminars are being conducted.
Any court cases in process will have to be re-filed using Constitutional
Law foundations; many cases now clogging up the court systems will no
longer be valid court cases under Constitutional Law. In addition, many
people who have been imprisoned under UnConstitutional laws such as income
tax laws, will be released from prison within weeks after NESARA is
announced. There will also be educational seminars on television
regarding Constitutional Law which is based on Common Law and we all will
be learning about this.
Some people, such as IRS employees, will find that their jobs no longer
exist or their income is decreased by the announcement of NESARA. In the
U.S. ALL people who can prove their income has been reduced by NESARA will
be eligible to apply for generous financial allotments which will carry
them through until they have new income sources.
NESARA brings most of the world's people increased prosperity, liberty,
sovereignty, peace, and more knowledge which enables them to flourish.
Sounds good but we know it's a lie! Deceit -
Deception - Lies! They will use this platform to get their feet in
the door and then once they are here they will blame their failures on
not being able to implement their program on true believers of the Most
High and begin a cleansing program on earth!
Everything about their agenda completely
defies Bible Prophecy - Sherry Shriner