North American Fraudulent Conveyance

Jan 05, 2007 08:57

The Federal Bankruptcy Code describes what the North American Union is accomplishing.
The typical fraudulent conveyance is the intentional transfer of property ownership made by a debtor with intent to defraud, hinder, or delay his creditors. The bankrupt debtors are governments. In the case of agents of the United States and of the States v. the People of the States, who own the infrastructure, the conveyance occurs when the government transfers ownership to a foreign corporation or sovereign.

When the creditors, The People, try to claim their share of the property, they will receive nothing because the agents of the federal and state governments have "sold" the property to another owner.