OK, this post has been a long time in the making, but, due to the enormity of this issue, I wanted to watch all the videos and summarize the most important points. In our lifetime, we should learn not to deal with trifles, and there are a lot of things that are a big waste of time. In my opinion, this is not one of those. It's not easy to believe that the whole system is now set up in the way The Great Taking describes it, much less believe there are people out there that would actually go though with this. I mean, property rights are so fundamental to our freedom, people would not stand for such blatant theft, right? I also hear that if this happens, it will be slow and we will have time to see it coming.

I think not. This is like a trigger that has been installed on a system with trillions of USD leveraged over collateral counted many times over, so, when the collapse hits, this trigger will be pulled, and in a game of musical chairs with fewer chairs then players, we all believe we can get to a chair faster than others. But this trigger actually removes the chairs.

Hold on, let's back up. What's the subject?

The Great Taking, written by David Rodgers Webb (DRW), who is a
a hedge fund manager who did very well during the dot com bubble. His website which has links to both his book and video documentary are linked from his web page: https://thegreattaking.com/

This is the first investment of time I believe is required to understand our risks. Please do read the book and/or watch the video.

Summary; The powers that shouldn't be have installed in the Uniform Commercial Code and U.S.Code and passed laws that allow them in an catastrophic event, to reach in and take ownership of almost all the collateral on the stock market or security exchange. Similar laws have been passed in Europe too. How do they do this?

It used to be that when you bought a stock or bond you got a piece of paper with a unique number and your name on it. Or some form of paper "title" that demonstrated ownership. Nowadays, we don't want to be dealing with all that stinkin paper, so the brokers and bankers said, "Hey! Let's streamline the process, and pool all the securities together..." so how do we then denote ownership? We will have what's called a "Beneficial Ownership" for your stocks and bonds, that will allow you to buy, sell, earn dividends, and vote in the AGM just as a normal stock certificate would allow.

However, when they were updating the code, they added in some exceptions regarding that ownership. They added in a way that "secured creditors" which would have some extra rights over your "beneficial ownership." Yeah, they did that.

A bad analogy? You go and buy a car. You pay cash. You get the "title," but its online and only grants you "beneficial ownership". Meanwhile the dealer uses its "secured creditor" status to make lots of risky bets using your car title and value as collateral. Opps, the dealer goes bust and your car is repossessed to pay off the debts. Outrageous, right?

Where is the proof? Well, this is a very complicated subject and a complicated answer, and before you lose the will to live, lets go right to one of the smoking guns of the story, the letter from the New York Fed to the EU Clearing and Settlement Legal Certainty Group (yeah that really is their name....)

https://archive.org/details/ec-clearing-questionnaire/mode/2up

While that letter is a story in itself, question 10 gives the game away:

EUCSLCG:
(10) Where securities are held in pooled form (e.g. a collective securities position, rather than segregated individual positions per person), does the investor have rights attaching to particular securities in the pool?

NYFed:
No. The security entitlement holder does not have rights attaching to particular securities in the pool, he has a pro rata share of the interests in the financial asset held by its securities intermediary to the amount needed to satisfy the aggregate claims of the entitlement holders in that issue. This is true even if investor positions are “segregated.”

"Pro-rata share"? Not quite the same as outright owning something, is it?

Chris Martenson of Peak Prosperity has done a fantastic job of digging into this, checking out the links, talking to lawyers and brokers, and verifying David Rodgers Webb's story.

His first interview of DRW is no longer on YouTube, but it is on Odysee
Part 1: https://odysee.com/@Chris_Martenson:2/David-Webb_P1_PUBLIC%28Final%29:f
Part 2: https://odysee.com/@Chris_Martenson:2/251123-Webb-Prt2:d
He then went on a deep dive covering all of the research he did confirming if this was true.

I have created a public play list with all 9 parts here: https://t.ly/m2dsV

He then did a follow up meeting with DRW which is included in the play list above.

There is a lot of info here. Like I said I will try to summarize this, and I will do this before the 15th of June, when Chris will have a special conference on the actions we can take. https://peakprosperity.com/peak-event/protecting-your-wealth-from-the-great-taking/