This story was spotted and shared by S.D.(to whom a grateful thank you!), and while it is now a familiar story to regular readers of this website, as more and more states have joined the revolt against central bank digital currencies and the threat to freedom they represent, there is something in this version of the story that grabbed my attention for reasons we'll get to shortly. Here's the story:

Nebraska Ends Income Taxes on Gold and Silver, Declares CBDCs Are Not Lawful Money

What makes this bill intriguing to be, and what grabbed my attention about it, was the rationale for it:

LB 1317 is the fourth major sound money bill to become law this year, as state lawmakers across the nation scramble to protect the public from the ravages of inflation and runaway federal debt.

Under the new Nebraska law, any “gains” or “losses” on precious metal sales reported on federal income tax returns are backed out, thereby removing them from the calculation of a Nebraska taxpayer’s adjusted gross income (AGI).

Supported by the Sound Money Defense LeagueMoney Metals Exchange, and in-state advocates, Nebraska's sound money measure passed out of the unicameral legislature’s Revenue committee unanimously before being amended into a larger bill.

Sponsor Sen. Ben Hansen said upon news of the formal enactment of his legislation, “Gold and silver are the only forms of currency mentioned in our Constitution and with that comes the people's ability to use it as such without penalty from the government. Saving, and using, gold and silver is our right and one of the only checks and balances to our federal government's unending devaluation of our paper currency. ”

Taxpayers often realize 'gains' when converting the monetary metals back into Federal Reserve notes even though the 'gains' do not reflect an increase in real value but rather reflect the currency’s ongoing devaluation.

Despite the lack of “real” gains, the Internal Revenue Service imposes capital gains taxes on such transactions. Nebraska has now opted out at the state level, declining to carry the IRS’s position into the definition of Nebraska income. Jp Cortez, executive director of the Sound Money Defense League, explained during his testimony before the Revenue Committee that the ferocious wave of inflation facing Nebraskans is largely caused by harmful actions of the Federal Reserve.“The state can take a different course and provide Nebraska citizens cleaner access to gold and silver ownership – and these metals are not only a proven inflation hedge but states all over the country are remonetizing constitutional sound money in the form of gold and silver,” Cortez said.

Now this, to me, is the clearest elaboration of the real motivations and reasoning for such bills by states yet, for it clearly outlines why some states are taking these measures; in a way, these measures are a tax revolt against the corruption of the federal government in the swamp, and the banking-money monopoly in league with it.  It is the type of reasoning that needs to be pursued to its logical end, which is an end that our friend and colleague Catherine Austin Fitts has been advocating for some time: the payment of federal taxes into state-established and managed escrow accounts, to be paid when the federal government comes into compliance with sound financial and budgetary practice, the principal of which is absolute transparency.  One might add the requirement that the government must adopt and advocate policies placing this country first and foremost in its policy, and enforcement of existing laws and our own borders (and no, the Ukraine's borders are not our borders). To put this point differently, the Nebraska bill is using the same reasoning, but falls short of giving the bill actual teeth.

Those necessary dentures would also be well-served by the establishment, in each state adopting such measures, of a state bank such as exists in North Dakota, and then, each state should enter into agreements and compacts with other states directly regarding interstate clearing and so on.

So, to be clear: (1) state established escrow tax accounts, (2) state banks, (3) convertibility, (4) real physical and anonymous media of exchange, (5) regional and direct compacts between states.

As I've been warning for some years now, we're at a "War of the League of Cambrai" moment, when the duplicity of the banksters in the Venetian swamp was too much for basically everyone. They had extended their domains to the mainland of Italy, and ruled with characteristic duplicity and rapacity. Eventually those mainland domains broke away, leaving only the original tumor in the center of the swamp to fend for itself, amid declining financial power. And then a little corporal from France unloaded the cannon from some French barges while a few ships-of-the-line appeared in the lagoon to "reinforce" the point, and it was suddenly all over... but not until it had managed to metastasize into a swamp called Amsterdam, and thence via a long and circuitous route, to arrive at a swamp in Maryland along the Potomac river.  And with the revolt of the states - if they will but take those final steps - and the gold repatriations of other nations, we might just be looking at the opening moves in the formation of a Second League of Cambrai, and the opening shots (and shorts?) in a Second War of the League of Cambrai.

Small wonder the "elites" are talking about other planets... they might want to check their topography though, because they're noticeably lacking in swamp land...

See you on the flip side...

Joseph P. Farrell

Joseph P. Farrell has a doctorate in patristics from the University of Oxford, and pursues research in physics, alternative history and science, and "strange stuff". His book The Giza DeathStar, for which the Giza Community is named, was published in the spring of 2002, and was his first venture into "alternative history and science".

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  1. anakephalaiosis on May 5, 2024 at 9:32 am


    Ulysses Grant made a most prominent call,
    when to carpetbaggers he stood tall,
    because cotton shark maraud
    he did not applaud,
    and therefore he expelled them all.

    Ulysses Grant spoke in fair trade defence,
    as looting of South was an offence,
    and once again he will choose
    to stand on campus,
    where his rebel yell makes sense.

    Ulysses Grant is the most generous host,
    greeting carpetbagger with a toast,
    which causes concussion
    in Scythian fashion,
    as Holy Grail is venerable the most.

  2. ussessta1 on May 4, 2024 at 5:13 pm

    When all the States wake up and realize that the “Federal” Government is engaged in a giant con game of the same kind as CBDCs with their promotion of “NOTES” as currency, it will be even better.

  3. Ray Story on May 2, 2024 at 7:58 am

    Good luck shifting business as usual to those other planets. Reality check: Mars has no chance of ever being “farm country” like the movies imply as growing crops in soil that has forty times more sulfur than earth is impossible even if water were not in short supply.

    • anakephalaiosis on May 2, 2024 at 12:56 pm

      Yes, the perennial imperial scheme has come to an end, and, it has gone full fantasy land, where it has always been, and, yet the difference is, today, that the deceived are now catching up with reality, seeing through the lure:

    • Joseph P. Farrell on May 3, 2024 at 1:55 am

      Ha! A sulfur swamp aptly suits them.

      • anakephalaiosis on May 3, 2024 at 9:52 am

        The American campus drama can be studied, as a phenomenon, and seen, as a mere function, with basic input and output.

        1. Solidarity with the suppressed will, when facing backlash, become identification with the suppressed.

        2. When questioning, as a scientific method, in approaching curriculum, is outlawed, then pedagogy fails.

        3. When questioning is defined, as an “outside agitator”, then today’s lesson is “the emperor’s new clothes”.

        4. Today’s lecture, by Professor Scott Ritter, will be on the topic of “who owns who in the swamp”.

        5. Advanced classes will be given, on the topic of “Faustian pact”, as means, to get ahead, with tutor’s fee to Beelzebub.

        The sulphurous academia is open for admission, and headmaster pope welcomes new applicants, in Jesuit training school.

  4. Henry Richardson on May 1, 2024 at 9:51 pm

    Well… maybe [they] can move to the murky swamps of Dagobah. We won’t miss them.

    • anakephalaiosis on May 2, 2024 at 12:36 pm

      As, to the blueprint of the death star, then Daniel is the whistle blower, from inside the belly of the beast, with insight, as a scribe, into oligarchic correspondence, from Babylon, to infiltrating agents abroad, setting up tyrannical bloodlines, in Greek and Roman spheres.

      From there, Daniel could clearly see, how the imperial pump and scheme was being plotted, and could therefore predict, how preplanned empires would rise and fall on schedule, as rivalries, between tyrannical mafia factions, when regional resources had been exhausted.

      The weak spot of the death star is, where the oligarch agents attach themselves, to the host body, because they need to switch identity, to become pretenders, at the risk of being found out, which is, why the original ethnogenesis of any group is always a threat to their deception.

      When Crimean renaissance is seen, as the lynchpin, then proto-Scythian Abram & Co are in perfect alignment, with post-Viking Scandinavians, and, that bodes death, to the death star, because “fallen Samaria rose in Crimea”.

      • anakephalaiosis on May 3, 2024 at 10:22 am

        *imperial pump-and-dump scheme…

  5. effortlessbeing on April 30, 2024 at 11:43 am

    Can you please suggest a best source to get a good understanding of the League of Cambrai?

    • anakephalaiosis on May 1, 2024 at 6:43 am

      Tyrants banded together, against tyranny, guided by pope Julius [Caesar], as side-switching weathercōck, to spend cannon fodder.

      The merchant of Venice had earlier been prospecting, in the New World, and he wanted his pound of flesh, overseas, on Prospero’s island.

      To achieve intercontinental transition, a conflagration was needed, as the European wars of religion, which was ignated, as a teapot tempest, in Cambrai.

      Today, a Slavic civil war is the Vatican play eastwards, to expand the Roman Catholic Church, out of Prospero’s island, the USA.

  6. anakephalaiosis on April 30, 2024 at 8:28 am

    Logic, accompanied by reason, is the Yang-Yin embryo of the Scriptural founding fathers, who can be named proto-Scythian Abram & Co, and, from that embryo, democracy and republic can be deduced.

    It is good, to bypass the Freemasonic founding fathers, and go straight to the Scriptural founding fathers, and endorse their founding principle directly, which is Yahweh-Elohim (i.e. reason and logic).

    Federal money is irrational, because it has no long-term sustainability, whereas gold is logical, because it has long-term sustainability, which is reasonable, when planning survival, generations ahead.

    If one plans to die tomorrow, then one has free will, to choose federal quackcine, over Scythian rebel gold.

  7. anakephalaiosis on April 30, 2024 at 6:18 am

    1. Isolated, the Italian Wars hardly make sense, whereas, as a prelude to the Reformation, they do, when the aim is a great conflagration, that engulfs the European continent, to produce refugees, aiming at populating the New World.

    2. In 2005, I was introduced to Shakespeare’s Tempest, by an American, and, at the time, it made no sense. In the greater picture, the play speaks of Jamestown, and the underlying purpose of cattle transport to the New World.

    3. There is an instinctual drive, to establish an ontology, with an epistemic outlook, that can produce a meaningful narrative, and that task has been completed today, as the embryo of democracy and republic has been discovered.

    4. By establishing a lynchpin in Crimea, two distinct narratives merge, and thus their common origin emerges automatically, disclosing the dual principle of the scales of law, from where judgement is made, and executed.

    5. Scythian execution is benchmark brutality, according to law, which is the sharp edge of the axe, when the purpose is to bring down empires, that produce endless rivers of blood, feeding a vampire of unsatisfiable greed and sadism.

    6. An island, in the shape of a continent, is a place for a vampire to hide, away from justice, which, eventually, becomes a self-entrapment, because there is nowhere to run, when justice finally arrives, which is unavoidable.

    When Doctor Who encountered the vampires of Venice, he killed them all, with gunpowder and sunlight.

  8. marcos toledo on April 29, 2024 at 6:36 pm

    The USA should go back to having the Department of the Treasury holding the monopoly of printing and coining money at least we can start somebody responsible if something goes wrong

  9. cobo on April 29, 2024 at 5:46 pm

    Sound money – no such thing… If you thought you had ‘something,’ you were deluded. All you have is what the rulers of you let you have. You have only ever played their game, the game they’re currently playing. If you have no plan to destroy their world, you have nothing.

  10. anakephalaiosis on April 29, 2024 at 8:56 am

    Vatican and Venice are in symbiosis, because papacy relies on continued suppression, placed upon Yahweh, to produce an idol, and, economical swindle relies on the imperial idol.

    Though the Renaissance did return to Elohim, it never did manifest Yahweh, that had been replaced with Adonai, by the Julio-Claudian dynasty, when Rome transitioned to empire.

    The problem can only be solved, by removing the imperial idol, away from the narrative, which means returning to “yearly truce and free will”, spawning democracy and republic.

    On Star Trek’s island of Prospero, there is Ariel and Caliban, which is a lofty idea and a penal colony, still at large in the casino, because Yahweh is suppressed.

    Yearly truce:

    • anakephalaiosis on April 29, 2024 at 8:58 am

      BTW, BRICS is the manifestation of Yahweh, which originally was a yearly truce, and, that automatically expels the imperial idol, out of the loop, and leaves the Vatican irrelevant.

      By bypassing the pontiff, and going straight to the source, Yahweh-Elohim becomes, what it has always been: yearly truce and free will, which is Elijah’s Odin’s two brothers.

  11. shoe on April 28, 2024 at 8:07 pm

    Joseph –
    Lincoln, Nebraska just had a HAARP event.

    • shoe on April 28, 2024 at 8:09 pm

      I anticipated your mention of it in your post.

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