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Fed Governor Elizabeth Duke Resigns

Tyler Durden's picture





 

A harbinger of what will happen to the Chairsatan perhaps? Or is this just a logical response of what the "other half" of the Fed, those who  demanded an end to QE by the end of 2013, think about Bernanke's latest public statement. If Dick Fisher quits next, watch out.

From the Fed:

Elizabeth A. Duke submitted her resignation Thursday as a member of the Board of Governors of the Federal Reserve System, effective August 31, 2013.

 

Duke, who has been a member of the Board since August 5, 2008, submitted her letter of resignation to President Obama. She has made no announcements about her future plans.

 

"Betsy has made invaluable contributions to the Federal Reserve and to the country during her five years at the Board," said Federal Reserve Chairman Ben S. Bernanke. "She brought fresh ideas grounded in her deep knowledge of the banking industry and the real-world dynamic between borrowers and lenders. I wish her the best in her future endeavors."

 

Duke, 60, was appointed to the Board by President Bush to fill an unexpired term that ended January 31, 2012. During her time on the Board she served as Chairman of both the Committee on Consumer and Community Affairs and the Subcommittee on Supervision and Regulation of Community and Small Regional Banking Organizations.

 

Before joining the Board, Duke was Senior Executive Vice President and Chief Operating Officer of TowneBank, a Virginia-based community bank. Prior to that, she served as an Executive Vice President at Wachovia Bank and as an Executive Vice President at SouthTrust Bank. Earlier in her career, Ms. Duke was President and Chief Executive Officer of Bank of Tidewater, based in Virginia Beach, Virginia.

 

A copy of her resignation letter is attached.

Letter:

Fed Duke by zerohedge

 

 


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Thu, 07/11/2013 - 10:37 | Link to Comment Cult_of_Reason
Cult_of_Reason's picture

Rats abandon a sinking ship.

Thu, 07/11/2013 - 10:38 | Link to Comment ekm
ekm's picture

correct

Thu, 07/11/2013 - 10:44 | Link to Comment cifo
cifo's picture

She probably wasn't making enough money for herself and looking for a more lucrative position, like GS.

Thu, 07/11/2013 - 10:52 | Link to Comment Cult_of_Reason
Cult_of_Reason's picture

The official champagne of Obama second inauguration (real picture of Titanic Collection).

http://lh5.ggpht.com/-jq9Y3bomi3M/UPGsG9tAueI/AAAAAAAAwrI/FZp8dzWlc4s/s1...

Thu, 07/11/2013 - 11:09 | Link to Comment BigJim
BigJim's picture

 "Betsy has made invaluable contributions to the Federal Reserve and to the country during her five years at the Board," said Federal Reserve Chairman Ben S. Bernanke. "She brought fresh ideas grounded in her deep knowledge of the banking industry and the real-world dynamic between borrowers and lenders. I wish her the best in her future endeavors."

"Betsy"?

Thu, 07/11/2013 - 11:17 | Link to Comment Zer0head
Zer0head's picture

it was that or "Daisy"

 


Thu, 07/11/2013 - 12:50 | Link to Comment Id fight Gandhi
Id fight Gandhi's picture

Ya noticed that too. It's actually sexist and pejorative to use a nickname like this in a formal announcement. Might as well pat her ass for a good job too right?

Thu, 07/11/2013 - 11:09 | Link to Comment machineh
machineh's picture

The bitch is eloping with Kudlow.

Thu, 07/11/2013 - 11:13 | Link to Comment steelhead23
steelhead23's picture

Mac, that made me laugh.

Thu, 07/11/2013 - 11:36 | Link to Comment Handful of Dust
Handful of Dust's picture

I was hoping Ben would bring in The Don to tell her:

"You're fired!"

http://www.youtube.com/watch?v=75SEy1qu71I

Thu, 07/11/2013 - 17:58 | Link to Comment Spigot
Spigot's picture

She was "resigned"...by her owners. These public faces are simply meat puppets for the owners: Bennie Bernank and the Meat Puppets. They don't wipe their butts without instructions to do so.

Thu, 07/11/2013 - 10:43 | Link to Comment Divided States ...
Divided States of America's picture

Bernanke threw his fellow fomc clowns under the Bus yesterday by making them all look clueless and incompetent with his dovish speech. Kudos to duke for showing him up. Lets hope they dont find a replacement with cheesypopey heritage.

Thu, 07/11/2013 - 10:50 | Link to Comment pods
pods's picture

Shouldn't she have submitted her letter to Jamie?

Or will Obama forward it up to his boss for her?

pods

Thu, 07/11/2013 - 11:11 | Link to Comment max2205
max2205's picture

Finally, someone who is tired of sucking black dick...

Thu, 07/11/2013 - 11:30 | Link to Comment MichiganMilitiaMan
MichiganMilitiaMan's picture

2012 proved that "once you go black, you never go back"

Thu, 07/11/2013 - 23:25 | Link to Comment luckylogger
luckylogger's picture

My thoughts exactly, not even Gartman caught it.

The biggest "hawk" said fuk it I am outa here. This is a buy sign I guess]or is it a caution sign or is it just bs. Maybe the day will come that he has no input and the market rules- until then - look out. He obviously has an agenda of just fuking everybody.

Please Bernank just leave and get the fuk out befor you destroy more people. .....................

Thu, 07/11/2013 - 10:49 | Link to Comment Its Only Rock N Roll
Its Only Rock N Roll's picture

The Fed is in complete disarray, they do not know what to do

Thu, 07/11/2013 - 11:10 | Link to Comment eclectic syncretist
eclectic syncretist's picture

When Benny says the Fed still has lots of tools in it's toolbox, he is referring to the following tool inventory

1. Smoke

2. Mirrors

3. Lies

4. Printing Press

When you understand this understanding the rest becomes pretty easy.

Thu, 07/11/2013 - 12:08 | Link to Comment Cosmicserpent
Cosmicserpent's picture

The Fed is composed of complete circle jerking tools. And yes, they are trapped in a box.

Thu, 07/11/2013 - 10:42 | Link to Comment DeadFred
DeadFred's picture

I wondered about this yesterday when Ben gave his "Just kidding" response about the taper yesterday. Would any of the hawks resign in disgust. Of course I don't know that Duke is a hawk but I did have the wondering.

Thu, 07/11/2013 - 10:56 | Link to Comment JP McManus
JP McManus's picture

Bank of Tidewater - Gone?

SouthTrust - bought by Wachovia

Wachovia - Imploded, bought by WFC

TowneBank - Exited TARP in 5/2013

Fed - ???

Thu, 07/11/2013 - 10:37 | Link to Comment Its Only Rock N Roll
Its Only Rock N Roll's picture

And it starts

Thu, 07/11/2013 - 10:43 | Link to Comment SHEEPFUKKER
SHEEPFUKKER's picture

One down, many more to go. 

Thu, 07/11/2013 - 10:37 | Link to Comment Ray745
Ray745's picture

Who replaces her?

Thu, 07/11/2013 - 10:41 | Link to Comment ChaosEquilibrium
ChaosEquilibrium's picture

Stolper?!!

Thu, 07/11/2013 - 10:47 | Link to Comment repete
repete's picture

Kudlow!

Thu, 07/11/2013 - 11:09 | Link to Comment gmrpeabody
gmrpeabody's picture

"Who replaces her?"

Who's on second..., What replaces her.

Thu, 07/11/2013 - 17:20 | Link to Comment Scarlett
Scarlett's picture

Prof. Dr. Gideon Gono

Thu, 07/11/2013 - 10:51 | Link to Comment prains
prains's picture

Spackler

Thu, 07/11/2013 - 11:05 | Link to Comment Agent P
Agent P's picture

Carl?

Thu, 07/11/2013 - 11:27 | Link to Comment prains
prains's picture

is there another?

Thu, 07/11/2013 - 11:57 | Link to Comment Agent P
Agent P's picture

Not in my book.

Gunga...gunga galunga.

Thu, 07/11/2013 - 11:35 | Link to Comment WonderDawg
WonderDawg's picture

Got a pool, and a pond. Pond'll be good for you.

Thu, 07/11/2013 - 12:47 | Link to Comment RiverDrifter
RiverDrifter's picture

Herman Cain will bring pizzas and NINE, NINE, NINE to the table....a hard package for even Bernank to turn down.  

Thu, 07/11/2013 - 10:38 | Link to Comment Dollar Bill Hiccup
Dollar Bill Hiccup's picture

Need a brother for Governor. Show some diversity, peeps.

How about Stan O'Neal ?

He showed that he could destroy a fine company.

Would be great at the Fed.

Thu, 07/11/2013 - 10:40 | Link to Comment eatthebanksters
eatthebanksters's picture

Jesse Jackson Jr. has proven money management skills!

Thu, 07/11/2013 - 10:43 | Link to Comment MsCreant
MsCreant's picture

How about Solyndra's Brian Harrison? Reverse Perverse Diversity.

Thu, 07/11/2013 - 11:07 | Link to Comment gmrpeabody
gmrpeabody's picture

How about Cramer...?

He just wants to make money...

Thu, 07/11/2013 - 11:34 | Link to Comment rqb1
rqb1's picture

How about Abby Joseph Cohen?

She'll make Ben look good in compairson. 

Thu, 07/11/2013 - 11:29 | Link to Comment CrimsonAvenger
CrimsonAvenger's picture

I hear that Corzine's free.

Thu, 07/11/2013 - 11:32 | Link to Comment Taffy Lewis
Taffy Lewis's picture

I nominate Harold Raines:

Harold Raines, a Democrat rising star and Fannie Mae’s CEO in the mid-1990s, told the Washington Post that Fannie Mae is “the equivalent of a Federal Reserve system for housing.”

http://canadafreepress.com/index.php/article/50690

 

Thu, 07/11/2013 - 12:11 | Link to Comment Cosmicserpent
Cosmicserpent's picture

Reggie Middleton! Now he could give some entertaining speeches.

Thu, 07/11/2013 - 13:00 | Link to Comment MeelionDollerBogus
MeelionDollerBogus's picture

And every one of them would be started as a title that's an entire paragraph followed by 2 dozen charts in a power-point presentation :D

Thu, 07/11/2013 - 10:39 | Link to Comment Temporalist
Temporalist's picture

Them Duke boys never meanin' no harm.

 

Thu, 07/11/2013 - 10:39 | Link to Comment eatthebanksters
eatthebanksters's picture

I'll bet she was so happy with Bernanke's statement and the resulting optimism shown by the markets that she felt her counsel and oversight were no longer needed...

Thu, 07/11/2013 - 10:39 | Link to Comment JP McManus
JP McManus's picture

"It was the Dukes, it was the Dukes!"

Thu, 07/11/2013 - 10:41 | Link to Comment KickIce
KickIce's picture

Now we just need Valentine and Winthorpe to take down the Duke brothers.

Thu, 07/11/2013 - 10:50 | Link to Comment Agent P
Agent P's picture

She can't resign, a Duke has sat on this board since it was founded!  Get that Fed Governor back in here...turn these printing presses back on!

Thu, 07/11/2013 - 10:54 | Link to Comment Skin666
Skin666's picture

And where the hell is Beaks?!

Thu, 07/11/2013 - 10:40 | Link to Comment MsCreant
MsCreant's picture

Editing error:

Subcommittee on Subversion of Regulation of Community and Small Regional Banking Organizations

Thu, 07/11/2013 - 10:40 | Link to Comment Dr. Engali
Dr. Engali's picture

Get out while the getting is good. They know the score.

Thu, 07/11/2013 - 10:43 | Link to Comment fonzannoon
fonzannoon's picture

I'm listening to Peter Schiff have a total meltdown right now. Hysterical.

Thu, 07/11/2013 - 10:50 | Link to Comment WillyGroper
WillyGroper's picture

Source?

Thu, 07/11/2013 - 10:57 | Link to Comment fonzannoon
fonzannoon's picture

schiffadio.com

You can listen for free. He is flipping out between Zimmerman/Bernanke

Thu, 07/11/2013 - 11:07 | Link to Comment TruthInSunshine
TruthInSunshine's picture

Why is Schiff paying heed, and therefore contributing to supporting the Bread & Circus Main Stream Proxy Media of distraction and misinformation, to shit like the Zimmerman trial?

Is he also up to date on baby Kardashian?

Thu, 07/11/2013 - 11:10 | Link to Comment fonzannoon
fonzannoon's picture

My guess is, it's the same reason he has not moved to Singapore like Rogers/Faber. Which is to say I truly think he gives a shit about trying to fix this country.

In the process he is completely missing the idea that he is helping divert attention away from the real issue(s).

Thu, 07/11/2013 - 11:45 | Link to Comment Ignorance is bliss
Ignorance is bliss's picture

I read that there might be Rodney King style riots in Florida. Such a small spark could ignite the social unrest brewing under the surface. IMHO that is the relevancy. 

Thu, 07/11/2013 - 13:33 | Link to Comment ZeroHour
ZeroHour's picture

Or better yet, the lesser-known "schiffradio.com"

Thu, 07/11/2013 - 10:40 | Link to Comment ABG LINE
ABG LINE's picture

They should ALL RESIGN.

Thu, 07/11/2013 - 10:41 | Link to Comment tecno242
tecno242's picture

That letter seriously makes me throw up in my mouth.

Thu, 07/11/2013 - 10:47 | Link to Comment KickIce
KickIce's picture

Could have been much shorter, along the lines of now that everything's broken I'm going to let another play clean up and take the blame.

Thu, 07/11/2013 - 10:50 | Link to Comment FuzzyDunlop21
FuzzyDunlop21's picture

It was basically a Bernanke BJ

Thu, 07/11/2013 - 10:41 | Link to Comment americanspirit
americanspirit's picture

Dukes of Hazard (avoidance)

Thu, 07/11/2013 - 10:46 | Link to Comment Temporalist
Temporalist's picture

Here's where we say goodbye to Cletus

http://www.youtube.com/watch?v=VspsB1YV8eQ

 

Little known fact:

The General Lee had gold hidden behind the dashboard unbeknownst to the Dukes when it was created:

Dukes of Hazzard-How the General Lee born

http://www.youtube.com/watch?v=UfK5HAZFk40&feature=endscreen&NR=1

Thu, 07/11/2013 - 10:42 | Link to Comment Schmuck Raker
Schmuck Raker's picture

Great! One down

How many do we have left to go?

Thu, 07/11/2013 - 10:43 | Link to Comment b_thunder
b_thunder's picture

The boat is taking water, about to capsize.  In a word - TAPERING. 

The RATS, naturally, are starting to run away from the sinking ship!

Thu, 07/11/2013 - 10:46 | Link to Comment Bay of Pigs
Bay of Pigs's picture

"she served as an Executive Vice President at Wachovia Bank"

The poster child of bad lending.

Thu, 07/11/2013 - 10:49 | Link to Comment KickIce
KickIce's picture

Probably what got her the job in the first place.

Thu, 07/11/2013 - 11:32 | Link to Comment rqb1
rqb1's picture

Wachovia was a pretty solid bank until they bought a Cali mortgage lender at the top of the bubble. 

 

Thu, 07/11/2013 - 12:09 | Link to Comment Bay of Pigs
Bay of Pigs's picture

Solid? They were merged with Wells Fargo so they wouldn't fail. It was a gov't forced sale.

Thu, 07/11/2013 - 14:49 | Link to Comment Ropingdown
Ropingdown's picture

Wachovia and several of its executives would be felons convicted of massive money laundering, except that actually prosecuting might have made the bank fail more quickly, in the opinion of the government.

Thu, 07/11/2013 - 10:46 | Link to Comment farragut
farragut's picture

"...Bernanke met every test in a thoughtful, innovative and creative way."

Funny, that's exactly the way I describe 'turning on the fire hose and walking away."

Thu, 07/11/2013 - 10:48 | Link to Comment salimmk
salimmk's picture

Everybody in a high profile position should be quitting right now, I know I would.

I've said it before and I'll say it again, being awake and working full time in this climate will kill you. I know young men and women who are developing high blood pressure in their 20s!.

Thu, 07/11/2013 - 10:57 | Link to Comment WillyGroper
WillyGroper's picture

Funny you'd remark about age & BP. A 21yr old hair stylist told me that she knew too much. You can imagine how hard I laffed. Come to find out, she REALLY was awakened & aware.

Turned her on to ZH. She gave me hope.

Thu, 07/11/2013 - 10:48 | Link to Comment buzzsaw99
buzzsaw99's picture

don't let the door hit you in the ass on the way out bitchez

Thu, 07/11/2013 - 11:07 | Link to Comment kralizec
kralizec's picture

Belay that order!  Door, hit away!  ;)

Thu, 07/11/2013 - 11:34 | Link to Comment Navymugsy
Navymugsy's picture

I will always "thumbs up" Navy speak!

Thu, 07/11/2013 - 14:54 | Link to Comment Col_Sanders
Col_Sanders's picture

Heh - I still say "belay that" all the time.

Makes the "normal" people around me very confused...

Thu, 07/11/2013 - 10:48 | Link to Comment vincent
vincent's picture

I hear Kudlow is available.

He has an excellent grasp of Free Market Capitalism.

Thu, 07/11/2013 - 10:50 | Link to Comment lizzy36
lizzy36's picture

Maybe she is going to take over from Virgina Governor Bob McDonnell when he is indicated for accepting bribes (pardon me campign contribution made out to his wife and daughter) 

Thu, 07/11/2013 - 10:55 | Link to Comment Hubbs
Hubbs's picture

I am sick and tired of hearing these banksters "getting religion" and then resigning.......after they have raped and pillaged the middle class for millions. They sure wouldn't resign if they did not  a cash hoard amassed from their malfescence... they'd  be still at the controls trying to figure out how they can extract even more middle class savings. 

Thu, 07/11/2013 - 10:55 | Link to Comment fijisailor
fijisailor's picture

Was she a hawk or a dove?

Thu, 07/11/2013 - 11:04 | Link to Comment Mototard at Large
Mototard at Large's picture

On a scale of 1 to 5 with 1 being a total dove and 5 being a serious hawk, Duke was rated as a 2 "dovish"

http://graphics.thomsonreuters.com/F/10/scale.swf 

Thu, 07/11/2013 - 11:16 | Link to Comment DR
DR's picture

Cool chart....thanks.

 

It will be very interesting to see whom Obama choses to replace Duke-a dove or hawk and will give clues as to the WH view on future QE operations.

Thu, 07/11/2013 - 12:26 | Link to Comment TrustWho
TrustWho's picture

Sorry Doc, Obama will elect a DOVE. He is President today because of the easy money policies of the Fed. When you are watching Obama and your blood pressure is rising, think F-you Bernanke.

Thu, 07/11/2013 - 11:09 | Link to Comment DR
DR's picture

http://www.washingtonpost.com/business/economy/fed-governor-elizabeth-du...

 

"She was also an internal skeptic of some of the Fed’s unconventional efforts to use monetary policy to boost the economy, but reliably voted for the monetary policy choices embraced by Bernanke."

Thu, 07/11/2013 - 10:55 | Link to Comment killben
killben's picture

"Elizabeth Duke, Federal Reserve Governor (Leaning Dove)

Appointed by President George W. Bush in 2008, Elizabeth Duke has staked out a position as an advocate for stronger government action to improve the U.S. housing market. A former community banker, Duke is concerned that banking regulations like Basel III and the Dodd-Frank Act could act as a drag on the U.S. economy and its fragile housing market."

stronger government action to improve (EUPHEMISM FOR INCREASE PRICE SO THAT IT IS OUT OF REACH OF MOST AMERICANS)  the U.S. housing market . AND MESS UP THE HOUSING MARKET

Another bankster stooge -- to be replaced by -- another bankster stooge

 

Thu, 07/11/2013 - 10:56 | Link to Comment SheepDog-One
SheepDog-One's picture

AH dissention within the ranks finally.

Thu, 07/11/2013 - 11:00 | Link to Comment Sabibaby
Sabibaby's picture

Another job opening for the unemployed people!

Thu, 07/11/2013 - 11:01 | Link to Comment stewie
stewie's picture

Her letter of resignation says she is very proud of what the Fed has done and continue to do.  Maybe those kind of letter are always like that, without any negativity, but I don't see any sign she resigned out of disagreement with the Fed's policy.

Thu, 07/11/2013 - 11:01 | Link to Comment irie1029
irie1029's picture

Anyone else read the letter and have to vomit first line in "Honorable Bara" oops here it comes again.

Thu, 07/11/2013 - 11:02 | Link to Comment Bangin7GramRocks
Bangin7GramRocks's picture

That asshole should serve time for stupidity alone! These crooks have made nearly every form of political bribery legal and this shithead still found a way to break the law!

Thu, 07/11/2013 - 11:04 | Link to Comment Mototard at Large
Mototard at Large's picture

On a scale of 1 to 5 with 1 being a total dove and 5 being a serious hawk, Duke was rated as a 2 "dovish"

http://graphics.thomsonreuters.com/F/10/scale.swf 

 

Thu, 07/11/2013 - 11:27 | Link to Comment Zer0head
Zer0head's picture

great chart

Thu, 07/11/2013 - 11:19 | Link to Comment yogibear
yogibear's picture

They know the Fed will just start printing recklessly when another severe downturn occurs. Some bailing before hitting the iceberg.

The final stage is reckless printing like Germany in the early 20s.

Thu, 07/11/2013 - 11:28 | Link to Comment Downtoolong
Downtoolong's picture

A copy of her resignation letter is attached.

So polite. Now, if only she had the guts to get out here on ZH and tell us how she really feels. Maybe someone should start a "Come On In Betsy" post and see if she takes the bait.

 

 

Thu, 07/11/2013 - 11:29 | Link to Comment Seasmoke
Seasmoke's picture

Women and children on the lifeboats first please.

Thu, 07/11/2013 - 12:40 | Link to Comment Chief_Illiniwek
Chief_Illiniwek's picture

Does her departure include a "golden parachute"?  Or did she demand that her future compensation BE in gold?

Thu, 07/11/2013 - 12:45 | Link to Comment MeelionDollerBogus
MeelionDollerBogus's picture

1 DOWN several more to go

Thu, 07/11/2013 - 12:58 | Link to Comment lesterbegood
lesterbegood's picture

Perhaps the following may explain the 'exodus'?

BANKS & “GOVERNMENTS”
FORECLOSED WORLDWIDE
The One People’s Public Trust (OPPT) announced the foreclosure of the world’s banks and “governments” on
December 25th 2012 stemming from prior investigation into massive fraud across the entire system: http://
www.scribd.com/doc/118067922/PARADIGM-DOCUMENT-FROM-THE-TREASURY-FINANCE....

What happened?
The OPPT posed to the world’s Banks and Governments:
1. that they had by deceptive acts and practices been stealing from the people for hundreds of years, and;
2. nothing stood between the Creator and each of the Creator’s creations,
and gave due opportunity to rebut both statements. They could not and did not. To understand this fully please read the
Declaration of Facts at http://www.peoplestrust1776.org  > UCC Filings > 2012 ptII > Declaration of Facts. Here are two
excerpts:
Government Charters Cancelled:       (Refer: DECLARATION OF FACTS: UCC Doc # 2012127914 Nov 28 2012)
“...That any and all CHARTERS, inclusive of The United States Federal Government, UNITED STATES, “STATE
of ...", Inclusive of any and all abbreviations, idem sonans, or other legal, ?nancial or managerial forms, any and
all international equivalents, inclusive of any and all OFFICES, inclusive of any and all OFFICERS, PUBLIC
SERVANTS, EXECUTIVE ORDERS, TREATIES, CONSTITUTIONS, MEMBERSHIP, ACTS, and any and all
other contracts and agreements made thereunder and thereby, are now, void, worthless, or otherwise cancelled,
unrebutted; ...”
Bank Charters Cancelled: (Refer: TRUE BILL: WA DC UCC Doc# 2012114776 Oct 24 2012)
“Declared and ordered irrevocably cancelled; any and all charters for Bank of International Settlements (BIS)
members thereto and thereof including all bene?ciaries, including all certain states of body owning, operating,
aiding and abetting private money systems, issuing, collection, legal enforcement systems, operating SLAVERY
SYSTEMS …commandeering lawful value by unlawful representation...”
Orders to Cease and Desist:
Attention is drawn to DECLARATION AND ORDER: UCC Doc # 2012096074, Sept. 09 2012, duly reconfirmed and
ratified by COMMERCIAL BILL UCC Doc. No. 2012114586 and TRUE BILL UCC Doc. No.2012 114776 which states:
Volunteers within the military ... “to arrest and take into custody any and all certain states of body, their agents,
of?cers, and other actors, regardless of domicil by choice, owning, operating, aiding and abetting private money
systems, issuing, collection, legal enforcement systems, operating SLAVERY SYSTEMS against the several
states citizens, ...”, and “Repossess all private money systems, tracking, transferring, issuing, collection, legal
enforcement systems operating SLAVERY SYSTEMS...”
“...all beings of the creator shall forthwith assist all Public Servants identi?ed herein, to implement, protect,
preserve and complete this ORDER by all means of the creator and created as stated herein, by, with, and
under your full personal liability...”
Search document numbers listed at the Washington DC UCC Registry: https://gov.propertyinfo.com/DC-Washington/
What does this mean to you?
Are you paying a “debt” to a foreclosed entity..? e.g. mortgage, credit card, car loan?
OPPT has foreclosed on hierarchy. No one stands between you and your creator... not even “Government”.
Because a CEASE AND DESIST order exists, you are free to offer terms and conditions to individuals acting on behalf
of a foreclosed Bank or “Government”, by issuing a Courtesy Notice.
What does this mean to Banks & “Governments”?
All beings now act in the capacity of individual entities without a corporate safety net and with full personal liability for
each and  EVERY ACTION THEY TAKE under common law, protected and preserved by public policy UCC 1-103, and
Universal law, the governing law laid out in the OPPT UCC filings.  (Refer: WA DC UCC Ref Doc # 2012113593)
Should any individual pursue any actions on behalf of a foreclosed Bank or “Government”, causing another individual
any damage as herein described, they in their individual and unlimited capacity are absolutely liable. Such actions may
result in the receipt of a Courtesy Notice.
Courtesy Notice
The Courtesy Notice contains the information of this flyer and offers terms and conditions for future dealings.
Whereas Banks and “Governments” have been foreclosed worldwide... Acts, Statutes, Codes, Courts, Executive
Orders etc were thereby foreclosed, thus without a lawfully binding contract - individual to individual, no instrument
exists to compel performance.
The Courtesy Notice offers new terms to any individual of a foreclosed entity for their acceptance and the method of
acceptance is clearly defined.
Individuals are now downloading and sending Courtesy Notices worldwide; 64,000 were downloaded in the first two
days following release in early Feb 2013. See www.oppt-in.com
What is the UCC - Where and to whom does it apply? 
The Uniform Commercial Code (UCC) is the ‘bible’ of commerce and used world wide, but sometimes in disguise. UCC
is not taught in law schools; it is used in high level banking and government corporations. Accordingly most lawyers,
attorneys and magistrates know nothing about UCC and will argue it has no application.  
1. Executive Order 13037 dated 04 Mar 1997 defined humans as capital. See: http://
americankabuki.blogspot.com.au/2013/03/us-citizens-defined-as-property-of.html
2. UCC Doc # 0000000181425776 filed 12 Aug 2011 evidences sale of US citizens in transaction between The
Federal Reserve System and The United States Department of the Treasury 1789 for $14.3 trillion. (Linked above)
3. UCC Doc #2001059388 evidences the template the Federal Reserve Bank of New York uses to secure the
collateral in major banks around the world... including chattel paper, goods and the unborn young of animals. See
http://www.mediafire.com/view/?3yh79cjnzcwzu0s
Those who would regard the UCC as irrelevant outside the US are thereby claiming former funding arrangements with
the Federal Reserve Bank of New York null and void.
Due Diligence
Given the usage of UCC filings in the upper levels of “government” and banks worldwide, due diligence is a necessity.
If there is a dispute, error, or falsity make AND deliver a duly verified sworn DECLARATION OF REBUTTAL to the duly
verified, sworn and REGISTERED OPPT DECLARATION OF FACTS, point by point, with specificity and particularity,
with full responsibility and liability, under the penalty of perjury under any law you identify, that the forgoing is true and
accurate, signed by your wet-ink signature.
To date, no such rebuttal has been registered.
Further Research
Radio shows:
http://oppt-in.com/opptinradio/
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All People Declared Free of Debt   (Refer Notice of Declaration of Absolute Truth UCC# 2013032035)
The final filing of the OPPT occurred on March 18, 2013. This document terminated all remaining man-made entities
and returned all people of this planet to absolute freedom. In this document the creator is referred to as "absolute
essence" and all creations people are referred to as "absolute essence embodied".
Article VI states..."I duly verify, with full responsibility and liability, by DECLARATION OF ORDER, that eternal essence
IS made transparent and known by the DO'ing of any and all embodiment of eternal essence in eternal essence's
universe, IS free and free of debt, unrebutted."
This means THERE IS NO DEBT.
You have no debt... No one has debt... it is done.

Thu, 07/11/2013 - 13:01 | Link to Comment vincent
vincent's picture

"Maybe someone should start a "Come On In Betsy" post and see if she takes the bait".

Fear of retribution for revealing Gov't secrets may give her pause.

I've been noticing a pattern lately.

Fri, 07/12/2013 - 00:07 | Link to Comment pparalegal
pparalegal's picture

She is just leaving to decorate her new office over at the IMF, in preparation for the day the US dollar dies.

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