Lusvardi: Sun City may need to be more sustainable

I wish I had good news to share with you, but I don’t, although I hope I’m wrong. A different Webb, former Wall Street investment fund manager David Rogers Webb has a disturbing new online video documentary and book titled “The Great Taking.”
Summing Webb’s message:

• Under the Uniform Commercial Code, all stocks (and bonds) held in a book-entry form in any jurisdiction worldwide could be “taken” by bankers at the top of the financial pyramid as collateral for our national debt, even though previous debt was based on “fiat dollars” not representing the value of real labor; and

• There will be a brief bank holiday supposedly to digitize our bank accounts, which are already digitized, where we will not have access to our money.

• In a scene right out of the Great Depression and the movie “It’s A Wonderful Life” starring Jimmy Stewart, when the banks reopen access to our money will resume. But it is speculated any withdrawal would be as an automated loan likely secured by any owned real estate.

Webb adds: “The rich, even billionaires, will not be immune from this; the bankers are just waiting to eat them for dessert.”

The downstream impacts of the above taking of assets would be that pension fund investments would be imperiled and at minimum crammed down, as would Social Security and Medicare. Tax revenue for local government services would decrease resulting in cutbacks in police and firefighting and emergency medical services and transportation.

Webb’s book raises the question does Sun City need to consider contingency planning for growing our own food or establishing a food cooperative; or if money dies, issuing its own money script as did the city of Carmel, California, during the 1930s Great Depression; or assuring minimum electricity reliability by its own electric utility like EPCOR does for water supply; or beefing up security by selectively restricting vehicular access?

Webb says we need to demand private bank ownership of the Federal Reserve be ended and replaced with the U.S. Treasury just as Lincoln issued “Green Back” dollars to fund the Civil War. To avoid confiscatory government, Webb says we need to amend the Uniform Commercial Code and the Bankruptcy Act of 2005. To do this we may need to first undo our de facto oligarchy form of government where politicians serve commercial corporate interests and not the people interest.

Webb lives on a farm in Sweden. I question whether he has any real solutions to a prospective electronic confiscation of assets, except living in a country such as Sweden that has already eliminated cash and spearheads massive Middle Eastern immigration.

I suggest watching David Rogers’ Webb’s documentary (https://www.youtube.com/watch?v=dk3AVceraTI ) or reading his free download book (https://lnkd.in/d8PhNEtv). Perhaps this letter will start a needed discussion on a topic we don’t want to think about.

“Meglio revenire che curare” (Italian for better safe than sorry),