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Winston's Watch

A Foreword From Winston On Current Events & Their Impact On World Commerce

August 14, 2012


The word "pledge" is perhaps best understood by using the example of the local pawn shop.

Basically, when one goes to a pawn shop, what is being contemplated is a loan on a security, or in other words making a secured loan.  Let’s use the right words here so that it is understandable.

The party who wants the loan of money and who puts up a security is called the bailor.  The party who makes the loan and accepts the security is called the bailee.  The security itself is called the bailment.

So the typical way this works is that the bailor brings a bailment to the bailee.  If the bailment is sufficient for the amount of the loan, the bailee turns over the amount of money on the loan to the bailor (after an interest agreement has been made on the money loaned) along with a pawn slip.

When the bailor wants to redeem his bailment he brings back to the pawn shop the money plus interest along with the pawn slip and redeems his bailment.  This is a pretty simple arrangement.

But what is a pledge?  A pledge is very similar with this one new wrinkle:  instead of delivering over to the bailee the actual bailment, the bailor hands over the “title” to the bailment to be held by the bailee in the same manner as the actual bailment, and the process then works the same way.

So let’s look again:  “I pledge allegiance to the flag …”.  The question is, as in the above example of a pawn shop, just what “title” did you just turn over the bailee, the United States of America?  A point to ponder.


“I pledge allegiance to the flag of the United States of America and to the Republic for which it stands …”

Have you ever heard that or have even done it yourself?  Little children are taught this in the first grades of school, people at various events recite this pledge, and on and on.

What does it all mean?  Is this some sort of useless babble carried on by young and old or is there an expectation that you will honor your pledge?  What have you made yourself liable for?

When you watch a fund raiser on the TV and people are calling in on the phone lines to pledge, let’s say $100, what is the expectation?  If you pledge over the phone $100 then you have created a liability in the form of a promise to pay … a promissory note over the phone so to speak.

The flag of the USA was born of war.  Yes, the good ol’ Stars and Stripes is a ‘war flag’.  When you ‘pledged your allegiance’ to a war flag, just what have you done?  And if you have pledged your allegiance to a flag with a gold fringe around the three sides, just what sort of jurisdiction have you ‘gone to war’ in?

These and other conditions are to be spoken of in the upcoming webinar along with solutions to these vexing situations.

–Winston Shrout

UPDATE: Behind The Pledge is now available on DVD - visit the Products page for details.

July 24, 2012

"I have posted this article to show that ‘finally’ some in law enforcement who have been elected and bonded to protect the people are taking action.  For those who live in areas other than New Hampshire, Louisiana, etc., it might be well to print this information out and send it to your local sheriff or county and state attorneys and demand that they follow suit.  If we have one sheriff brave enough to start it, maybe the others will take heart and do the job for which they were elected!"

–Winston Shrout

To download your copy of the article Winston mentioned, please CLICK HERE

June 8, 2012

"Around September of last year, one of my friends contacted me in regards to information that he thought essential to share internationally.  It had to do with the misuse of the global accounts by the banks that were ‘mirroring’ those accounts to create money fraudulently.  And then the banks were ‘loaning’ out this fraudulent money to the various countries, especially of the European Union countries.  And as typical of the schemes of these banks, they created these ‘loans’ with high interest rates which could never be repaid.  Then as the banks have done over the years, they declared a default (on a loan that did not exist in reality).

So, my friend reasoned that if the financial ministers of the various countries were made aware of the fraudulent scheme of the banks, that they would take actions to stop it.  And he was right.

We created this 20 page report (it could have just as well been 200 pages) so that the financial ministers could have the facts in front of them, and my friend had the connections to be sure that the information would in fact fall into the proper hands.

The first minister to act on this was Michael Noonan of Ireland.  Mr. Noonan realized the fraud and theft by the banks, and he decided to put an end to it.  He challenged the banks, basically, to prove that they loaned Ireland any money.  If they could do that he was willing to continue paying the premiums on those valid loans.  But if the banks could not prove that Ireland was loaned anything but its own credit back to itself, Mr. Noonan told the banks that they would receive no further payments.

Well, guess what … yes, you guessed right if you deduced that the banks made no effort to prove up on the source of the money that was ‘loaned’ to Ireland.  To do so would have been the admission of criminal acts.
So, in essence, Ireland came out from under the alleged national debt at that point.  Funny what a little bit of knowledge can do when people in powerful political positions become informed.  Presently, we expect that Greece, Spain, Portugal, Italy, and Belgium will follow suit.  This will end the tyranny of the European Union over the sovereign countries presently under its thumb.

As you read this 20 page report, you will immediately recognize that it is for the most part the same arguments we have made here in the US in regards to the mortgage foreclosures by the banks on ‘loans’ they allegedly made to the buyers.  The biggest problem that we have here is that we are ‘small potatoes’ compared to the stature of a financial minister of a sovereign country.  But we still do our part and perhaps have to labor a bit harder than Mr. Noonan as we fight with the corrupt/compromised US court system.

Please enjoy the article."

–Winston Shrout

To download your copy of the article Winston mentioned, please CLICK HERE

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