All Global Research articles can be read in 51 languages by activating the Translate Website button below the author’s name (only available in desktop version).

To receive Global Research’s Daily Newsletter (selected articles), click here.

Click the share button above to email/forward this article to your friends and colleagues. Follow us on Instagram and Twitter and subscribe to our Telegram Channel. Feel free to repost and share widely Global Research articles.

Global Research Referral Drive: Our Readers Are Our Lifeline

***

Read Part I, II and III:

WEF’s Great Reset: The Great Dispossession. The Loss of Property Rights in Financial Assets. “Own Nothing Be Happy”

By Dr. Paul Craig Roberts, April 11, 2024

The Great Dispossession: Turning Our Property in Financial Assets Into the Property of “Secured Creditors”

By Dr. Paul Craig Roberts, April 16, 2024


The Great Dispossession: A Massive Financial Crisis Is Pending. The WEF’s “Great Reset” Means “The Re-institutionalization of Feudalism”

By Dr. Paul Craig Roberts, April 17, 2024

Under the 5th and 14th Amendments to the US Constitution the transformation of our financial property into collateral for secured creditors constitutes a taking. I don’t know whether the taking that exists in the regulations can be taken to court and ruled against prior to a taking actually occurring. Probably not.

The question therefore is how effective will a court ruling be in a situation of financial chaos. Clearly, those who devised the taking regulations either were ignorant of the taking clause or do not expect a Constitutional ruling to prevail.

If the legal profession were to take up this matter, perhaps the discrediting of the regulations would render them useless and force financial regulators and Congress to find other solutions to the problem. Clearly, the ability to create endless amounts of derivatives must be abolished.

*

Note to readers: Please click the share button above. Follow us on Instagram and Twitter and subscribe to our Telegram Channel. Feel free to repost and share widely Global Research articles.

Paul Craig Roberts is a renowned author and academic, chairman of The Institute for Political Economy where this article was originally published. Dr. Roberts was previously associate editor and columnist for The Wall Street Journal. He was Assistant Secretary of the Treasury for Economic Policy during the Reagan Administration. He is a regular contributor to Global Research.