Chapter 16 The Story of Jonathan May • 351
not remit the sales proceeds back to the Middle East.
Rather, the Arabs were invited as a prerequisite of sale at
the inflated price to purchase long-term, 20 and 30-year
Certificates of Deposit locked into their depositor banks.
(Note: Readers are strongly invited to investigate, as did
investigators within our Group, the "coincidental"
relationships between the owner-controllers of the
purchasing oil companies and the owner-controllers of the
banks from which the Arabs "chose" to purchase their 20 and
30-year C.D.'s)
■
In simplest terms, what IS this "fractional
reserve lending"? As evidenced by the fact that the money
in circulation cannot be matched with currency in existence
save in a negative ratio of about 6 6 . 6 to 1, it is fraud.
Can YOU lend anyone $1 if 66.6c of it has never been coined?
The answer is "yes" if you are a member of The Federal
Reserve System and not a humble licensee.
In order to evaluate the extent of the fraud of
fractional reserve lending as a matter of law, it is time to
examine the corruption practiced against "We the People" of
the U.S. as a result of its operation. Let us look at a
tiny example of the O.P.E.C./U.S. Prime Bank scenario:
An oil company issues a check for $lMillion to an
Arab seller's stateside agent. The figures are crossed out
of the oil company's account at, say, Chase Manhattan and
inserted into a 30-year Certificate of Deposit in the Arab's
name on the computer. The Arab has been paid. Who then
owns Standard Oil? Who then owns Chase Manhattan?
(Telling Time. Page 18 of 26)
352 • BEHOLD A PALE HORSE William Cooper
What happens next? The crude is refined. The
costs and profits are passed on to the U.S. public. "That
dirty Arab Cartel" is blamed. But at $2 per gallon it is
the oil company's account which receives the revenue.
Meanwhile, what is happening to that Arab's
account? It shows $lMillion. In fact the bank in our
example, Chase Manhattan, has deposited that $lMillion - a
piece of paper with $lMillion written on it - to The Federal
Reserve Clearing System which "pursuant to Fractional
Reserve Lending Policy" authorizes Chase Manhattan to loan
at "x60" SIXTY MILLION to Mexico, Brazil, the U.S. Congress
- whomever it pleases - promulgating the overwhelming
falsehood that there is too much currency in the market and
not enough borrowers.
Concurrently, the U.S. Congress purportedly owes
approximately $65Million per week for the next 2000 years
providing that as of now not one further dime is ever spent
and there is a 2000-year moratorium on all interest charges
to Congress. Its second is the United Arab Emirates being
paid about 7% per $lMillion in oil revenue.
And those trusted pillars of society The Federal
Reserve Members - for every $lMillion recorded due in about
25 years to the Arab - has the burden of paying that Arab
about $70,000 per year and is only making from the White
House a STAGGERING $6Million per year and REQUIRING at the
same time $60Million per year as repayment because of
Trilateral originated policy issued by Congress.
We owe this all to the kind fiscal servants of
America and her People. In 1912 $400,000,000 was owed to
( Telling Time, Page 19 Of 26)
Chapter 16 The Story of Jonathan May • 353
Congress and today $6,500,000,000,000 is owed by Congress!
A radical I am not. A one-time farmer and
now-forever-branded-criminal - permanently humbled in awe of
the extent of the above-evidenced megalomania, I am.
*****************
I terminated my business in England in about 1978.
Soon afterwards, I was terminated from being an individual
with whom anyone could conduct business in England, as a
result of the warped and crippled mind of a banker and his
stooge. I was invited to America by American strangers from
Texas. They have their own horror stories to tell. They
never will. Their lives are at stake. Suffice it to say
that they, Mr. John Connelly (since bankrupted), Governor
Clemence (now about to be ousted by the same force), the
Shah of Iran (whose illness became authentic only after
a r r i v i n g in protective custody at a U.S. Airforce base), a
German banker (also assassinated by persons trained in
British Honduras) and an Austrian industrialist (now
pronounced insane) - were all involved in the silver fiasco.
Why? To properly authenticate Texan and U.S. currency -
backed with 371 1/4 grains of silver per ounce as the
u n r e p e a l e d Money-of-Account laws decree. I learned these
true horror stories after I had rejoiced in my
now-proven-to-have-been-assinine belief in the U.S.
Constitution.
On June 18, 1986, in my recorded capacity as sole
Signator of Record for The International Equity Trust in its
lawful capacity a sole Trustee of Record for the 3,999 other
trusts - grandfathered under and as sub-trusts of an
(Telling Time, Page 20 of 26)
354 • BEHOLD A PALE HORSE William Cooper
authentic trust established when only the law of
force-of-arms existed on the North American continent,
trusts which wholly supersede taxation ANYWHERE, I signed an
agreement constituting "Obligations of Contract". I knew
they could not be impaired. Article I, Section 10, Clause i
of YOUR Constitution decrees it. The International Equity
Trust so purchased that Bank Holding Company "authorized to
extend credit nationally and internationally" NOT for itself
but for 40 trusts - none of the other 39 of which had any
idea that the others were likewise buying - thereby
defeating The Federal Reserve's controlling policy to obtain
its permission to so purchase. One of those 40 trusts was
The Sovereign Trust of North America. As a matter of public
record recorded under the provisions of Article IV, Section
1 which mandates such fact to be given full faith and
credit, the beneficiaries of The Sovereign Trust of North
America include the U.S. Congress, each State of the Union's
governments, and the Body Politic - "We the People of the
United States." Other trusts' beneficiaries are other
non-Communist governments.
(Note: Please examine Public Records numbered 2401094 and
2406534 in Ramsey County, Minnesota - about 300 pages. IF
you are told that no such record exists, please contact the
undersigned who will inform you where preserved, certified
copies thereof are located.)
A Declaratory Statement, dated between June 18,
1986 and July 3, 1986 was sent to Mr. Paul Volker, then
Chairman of The Board of Directors of The Federal Reserve
System. In it, issued and signed by me in my capacity
aforesaid, I disclosed to him that our group had allocated a
quantum of $500,000,000 per U.S. State for the
(Telling Time, Page 21 of 26)
Chapter 16 The Story of Jonathan May • 355
implementation of our United States Reconomy System - not as
a competitor per se but rather as a sophisticated
alternative credit source whose purpose was entirely limited
to its prospective outlets. The phone number of Attorney
Nora was enclosed with a clear and unequivocal request to
contact us in the event that our Program was in any way in
contravention of the Constitution and laws made on pursuance
thereto in that it relied for its authenticity upon the same
laws which permitted The Federal Reserve to enforce its
policies - because our Holding Company was in part owned by
the U.S. This constituted it as an independent Agent of the
United States under Title 18 USC, Section 6. We
unconditionally covenanted to Congress an equity
participation of a minimum of $750,000,000 per month, to
each State an anticipated $40,000,000, a certain $35,000,000
per month, and to the Body Politic "We the People" upon a
state by state basis about $150,000,000 per month. The
balance of the income generated monthly save 5% operating
expenses and a 10% fee belonged in perpetuity to the
investors, whose assets backed our facility in a minimum
ratio in our favor of "x3" in assets and "x8/7ths" in terms
of our 12 CFR, Section 225.4-authorized U.S. Bank Holding
Company's service agents' maximum possible liabilities.
On June 19, 1986, having so purchased The Lac Qui
Parle Bancorporation out of the future control of The
Federal Reserve System, in order to shore up its status as
an authorized U.S. Bank Holding Company, another banking
entity owned by The International Equity Trust was assigned
under The Lac Qui Parle Bancorporation, Inc.'s ownership.
A certain amount of "cash" had been set aside to
cover the "float". The assets had been duly assigned. The
(Telling Time, Page 22 of 26)
356 • BEHOLD A PALE HORSE William Cooper
law was clear that we were authorized. Paul Volker had noz
come back to us within the ten days under the law of laches
which I had invoked in ray letter. Unconventional or not,
we were in business.
Certain of our customers were approved for
immediate credit lines. Certain of our operatives were
appointed as Regional Directors over a five-state area each
endowed with the responsibility to open ten offices per
State. Each was provided with an interest pre-paid credit
line of $50,000,000. Acting Service Agent, first tier
retailer for The Lac Qui Parle Bancorporation's
credit-extending enterprise, the subsidiary The State Bank
of Boyd, in its own right, also enjoyed a new credit line of
$1,200,000 but was obligated not to extend more than "x7/8"
($1,050,000) to insulate itself from insolvency.
With the knowledge that checks are not
"securities" as so decreed in the Securities and Exchange
Act - an act made in pursuance to the Constitution and
hence, under Article VI supreme in its force and effect -
Attorney Nora ordered cashiers' checks and personalized
checks from the appropriate printers for The State Bank of
Boyd. She and I both knew and later re-confirmed at my
trial that there exists no legislation which prohibits
anyone or any corporation from issuing its own cashiers'
checks per se. Unconventional without a doubt but unlawful
- no. We both also knew that the only restriction in terms
of The State Bank of Boyd's activities as a non-bank was
that it was physically without its Banking Charter but, as
re-confirmed at trial, the only additional ability such a
charter grants its corporate owner is the authority to take
deposits. Neither The Reconomy System nor any of its 170
(Telling Time, Page 23 of 26)
Chapter 16 The Story of Jonathan May • 357
programs engages any of its variously tie red
instrumentalities in any deposit-taking activity. Reconomy
is an entirely restructured socio-economic equation.
On July 3, 1986, in the absence of ju r i s d i c t i o n ,
i n the absence of a valid arrest warrant, in the absolute
absence ae a m a t te r of law of any crime, I was arrested in
Georgia for "Interstate Transportation of falsely made
securities". The "securities" in question, the ONLY
securities made the subject-matter of the charges against
me, were the State Bank of Lloyd checks - each one of which
was appropriately stamped on the reverse side to be
priv a t e l y cleared outside of The Federal Reserve System.
Contrary to Congressional legislation, I was given
no extradition hearing but was held in Georgia for my
removal to Minnesota for arraignment.
My arraignment took place contrary to l e g i s l a t e d
t i m e l i m i t prescriptions. I was al s o denied counsel of my
CHOICE.
My "trial" did not take place w i t h i n the statutory
maximum 90 days of my continued incarceration from July 3,
1986. I was denied p e r m i s s i o n to have witnesses. My
subpoena demands were ignored. Exculpating evidence was
precluded. When I a t t e m p t ed to fire my mandatory Public
Defender to better conduct the remainder of my trial myself,
I was denied.
No one would have - no one could have lost when it
was OUR assets at risk, backing OUR credit, being extended
(Telling Time, Page 24 of 26)
in direct accordance with Congressionally-instituted
legislation and in compliance with 12 CFR, Section 225.4 et.
seq. When I pointed this out in court and demanded that it
be produced, the court refused.
It was clear I was to be jailed. My "crimes" were
my foolishness in believing the U.S. Constitution's
guarantee of my innocence and my right to equal commercial
ability and protection - and, clearly, my arrogance in
believing that such Constitutional provisions would provide
sufficient protection against the now-obviously-corrupted
instruments of The U.S. Judicial System.
I am a British citizen. I am not a juridical
resident of D.C. under 26 USC Section 7701 (A)(39) or
otherwise. The United Nations Convention implements
Congressional GUARANTEE unto my government that I shall
enjoy the full weight of the protection of the laws of the
United States. Instead, well beyond the purview of any
legislative authority, I was subjected in an Admiralty
jurisdictionary Article I Tribunal called "United States
District Court" - no Constitutionally proper district court
of the United States - to a trial for an invented "crime"
that is legislatively impossible to commit. Mr. Harbour,
the U.S. Probation Service Congressional delegate, made a
"mistake" with ray sentencing guidelines which should have
been worst-possible-case 14-18 months. He instead provided
the court with a 52-64 month range. Given the judge's
appointment by Trilateral President Carter and relationship
to the Federal Reserve Director, the court quite
"appropriately" sentenced me to TEN YEARS in prison - not to
protect the People but to protect The Federal Reserve's
fraud against the People!! I SO PUBLICLY ACCUSE!!
(Telling Time, Page 25 of 26)
Chapter 16 The Story of Jonathan May • 359
During the past four years of this sentence,
evidence upon evidence of civil and criminal conspiracy has
been presented to such lofty persons as Senator Joseph
Biden, the Attorney General, The Inspector General, and
more - to no avail, save continued and continuing abuse of
process and overt falsehoods being made part of court
records - proven to be false by conflicting U.S. government
agency source records. Where - to whom - can one turn to
regain - as a Human Right, a Civil Right, and both a
Constitutional and N.A.T.O-instituted Right - my freedom?
NEVER was there intent to defraud - ONLY, EVER to
wrest from the chains of debt a suffocating government and
her people.
I SO SWEAR, TO THE ABSOLUTE BEST OF MY KNOWLEDGE
BELIEF AND RECOLLECTION: THE FOREGOING IS THE
UNADULTERATED TRUTH.
(Telling Time, Page 26 of 26)
360 • BEHOLD A PALE HORSE William Cooper
The foregoing, entitled "Telling Time" was duly served by
certified mail postage prepaid upon:
1. Senator Thurmon
2. Senator Graham
3. Senator Helms
4. Congressman Crane
5. Congressman Hefner
at their respective addresses on Capitol Hill
this 30th Day of July, 1990.
Chapter 17
DOCUMENTATION: U.S. ARMY INTELLIGENCE
CONNECTION WITH SATANIC CHURCH
362 • BEHOLD A PALE HORSE William Cooper
Chapter 17 U.S. Army Intelligence Connection with Satanic Church • 363
364 • BEHOLD A PALE HORSE William Cooper
Chapter 17 U.S. Army Intelligence Connection with Satanic Church • 365
366 • BEHOLD A PALE HORSE William Cooper
Chapter 17 U.S. Army Intelligence Connection with Satanic Church • 367
368 • BEHOLD A PALE HORSE William Cooper
Chapter 17 U.S. Army Intelligence Connection with Satanic Church • 369
370 • BEHOLD A PALE HORSE William Cooper
Chapter 17 U.S. Army Intelligence Connection with Satanic Church • 371
372 • BEHOLD A PALE HORSE William Cooper
Chapter 17 U.S. Army Intelligence Connection with Satanic Church • 373
374 • BEHOLD A PALE HORSE William Cooper
Chapter l7 U.S. Army Intelligence Connection with Satanic Church • 375
376 • BEHOLD A PALE HORSE William Cooper
Chapter 17 U.S. Army Intelligence Connection with Satanic Church • 377
378 • BEHOLD A PALE HORSE William Cooper
Chapter 17 U.S. Army Intelligence Connection with Satanic Church • 379
380 • BEHOLD A PALE HORSE William Cooper
APPENDIX A: WILLIAM COOPER'S MILITARY SERVICE RECORD
382 • BEHOLD A PALE HORSE William Cooper
APPENDIX A William Cooper's Military Service Record • 383
384 • BEHOLD A PALE HORSE William Cooper
APPENDIX A William Cooper's Military Service Record • 385
386 • BEHOLD A PALE HORSE William Cooper
APPENDIX A William Cooper's Military Service Record • 387
388 • BEHOLD A PALE HORSE William Cooper
APPENDIX A William Cooper's Military Service Record • 389
390 • BEHOLD A PALE HORSE William Cooper
APPENDIX A William Cooper's Military Service Record • 391
392 • BEHOLD A PALE HORSE William Cooper
APPENDIX A William Cooper's Military Service Record • 393
394 • BEHOLD A PALE HORSE William Cooper
APPENDIX A William Cooper's Military Service Record • 395
396 • BEHOLD A PALE HORSE William Cooper
APPENDIX B: UFOs AND AREA 51
398 • BEHOLD A PALE HORSE William Cooper
APPENDIX B UFOs and Area 51 • 399
400 • BEHOLD A PALE HORSE William Cooper