Apr 10, 2023·edited Apr 11, 2023Liked by Save Our Sonoma

Hi - I called all the offices for SB-95, but I am also wondering where the text of the bill discusses central bank digital currencies? Is something snuck in there? Any help is appreciated. https://leginfo.legislature.ca.gov/faces/billTextClient.xhtml?bill_id=202320240SB95

OOPS! I see mention of it in the "Analysis" of it. https://leginfo.legislature.ca.gov/faces/billAnalysisClient.xhtml?bill_id=202320240SB95#

It is where they are making provisions for the handling of "digital assets" aka "controllable electronic records"

Expand full comment

I reviewed the document for "controllable electronic records" and I could not find any issues with it. This bill applies to financial transactions between buyers and sellers and updates the language to reflect the computer age , electronic records and other states commercial codes.

The Fed is going to start the CBDC experiment in July and this bill has nothing to do with it.

For a better opinion, ask a commercial contracts lawyer.

Expand full comment

What this bill does is lay the groundwork for CBDC's by creating the legal infrastructure for digital transactions. One must see the proverbial handwriting on the wall to understand that the next step for "FedNow" digital transactions will be to end the US petrodollar because there is now more value left.

Expand full comment

I read the first few pages of the bill analysis. I can't figure out why you are opposing it. It is endorsed by the Credit Unions. It changes language in the Commercial code so that it is uniform amongst the States. What is your objection?

Expand full comment
Apr 11, 2023Liked by Save Our Sonoma

Mary, It seems they are sneaking in the provisions for "controllable electronic records" which seems to be slime-speak for "your bank account which we can debit or credit for any reason we like." They are laying the groundwork for the poison which would be central bank digital currency.

READ: https://home.solari.com/i-want-to-stop-cbdcs-what-can-i-do/

LISTEN: Mar 31, 2023 Catherine Austin Fitts Interview - "SVB Was Executed", Big Bank Consolidation & The Financial Coup / https://www.bitchute.com/video/N2XuF80XqYTr/

Expand full comment

Nice to see you back in action. Thank you for this great reminder and action item. x

Expand full comment

I called each member on the Committee. Apparently this bill is aimed at the commercial side for now! Its just the prelude for what they want!

Expand full comment