seigniorage. Bankitalia ORDERED TO REPAY: 87 EURO FOR EVERY CITIZEN PRESS
INCOME TO BE RETURNED TO SOCIETY seigniorage '
5 billion EURO, 87 EURO FOR ALL MEDIA IN NATIONAL RESIDENT IN ITALY TO 31.12.2003.
AND 'THE SENSATIONAL PART OF A JUDGEMENT ON ACTION ADUSBEF.
SARA 'Bankitalia REQUIRED TO RETURN TO 5 BILLION seigniorage (87 EURO PER CITIZEN) DEVICE WITH JUDGEMENT, MADE A N.2978/05 LECCE,
AFTER A LONG LEGAL BATTLE taken forward by' AVV.TONIO Tanzi, VICE PRESIDENT DELL'ADUSBEF! THE INCOME FROM seigniorage-AFFIRMS THE JUDGEMENT-NOT 'Bank of Italy, BUT THE STATE AND THE SOVEREIGN PEOPLE!
SITE ADUSBEF FACSIMILE OF THE REQUEST OF THE INCOME FROM seigniorage,
THAT EVERY CITIZEN CAN RESIDENT 'AND SHOULD PROCEED TO THE BANK OF ITALY.
Justices of the Peace Court of Lecce dr. Cosimo Roche, n.3712/04 enrolled in the civil suit, brought by John and De Gaetanis, Associate Vice-President defended Adusbef Mr. Antonio Tanza, issued a sensational ruling filed at the Court 26 September 2005 the number 2978/05, against the European Central Bank and, through it, the local articulation found in Bank of Italy.
sensational result of this ruling, the Bank of Italy, who has embezzled an enormous sum, amounting to EUR 5 billion under the "seigniorage income", should return to the community for an amount equal to 87 € for every citizen resident in Italy on 31 December 2003 babies.
It 's the first time ever in the judicial right of seigniorage, which comes from a justice of the peace of Lecce, Cosmo Roche, who ordered the Bank of Italy to pay 87 € to an Italian citizen, for the misappropriation of a huge sum, equivalent to more than EUR 5 billion from 1996 to 2003, and for entitlement to the Italian State. Seigniorage is an ancient institution resulting from the "sovereign coin money, guaranteed their value over time and that specific guarantees in exchange for feudal (as the office for life by the Governor of the Bank of Italy), held back a part of that ' gold.
Now that the gold reserves even more ensure the currency, so that is gone the words "payable to bearer", was the feudal right of seigniorage that the proceeds of which shall be forfeited by the Bank of Italy, which no longer belongs to the State but to private banks and other parties that raking in part of that revenue.
Citizens then have continued to pay what has become a sort of tax credit institutions, in violation of those statutes of the Bank of Italy that Article 3, paragraph 3 is clear: the bank belongs to the state. "So , was the conclusion of the court diversion of seigniorage income to the detriment to the community is 87 per citizen residing at 31 December 2003 at a price of € 5.023.632.491, which must be repaid.
Another blow a government that continues to behave as a "sovereign", an absolute monarch, clinging to defend tooth and nail the absurd privileges, which all fall under the hammer the judiciary, civil and criminal. On the site
dell'Adusbef facsimile and a writ that every citizen can and must do, against the Bank of Italy, for the restitution of stolen goods.
"The CTU, in his report, explained that the income of the institute, caused by the activity and the use of money put in place by the national community, should see the state as the main beneficiary and not groups of individuals.
CTU II concludes that, for the period covered 1996-2003, the deduction of income loss of seigniorage in the community (the allocation to private entities by the Bank of Italy)
can be determined in light of the above criteria and prospectuses analytical calculation reported in the expert's report, in total, corresponding to a € 87.00 average damage per citizen resident noted the date of 31.12.2003.
The total amount that it is, therefore, concluded claimant for the title in court art. CC 2033 and 2041 is € 87.00. PQM
Justices of the Peace of Lecce, Cosmo Roche, finally saying so orders:
a) granting the application on these grounds, and sentencing the defendant, even on an equitable basis, to pay plaintiff the sum of? 87.00 in compensation for the damage resulting from the subtraction of
seigniorage income, as well as legal interest from the effective application satisfies "
The President
Elio Lannutti
Rome, October 2, 2005
EXPERT OPINION Based on the insights made, the writer believes that it can be said that the ownership of the currency, monetary policy and its proceeds are the sole responsibility of the State and for reflection of the national community.
Consequently, for the 1996/2003 reporting period, deduction of seignorage revenue to the detriment of society (the allocation to private entities by the Bank of Italy) can be determined, according to the criteria set out above and the analytical perspective of calculation above, in total? uro 5,023,632,491, corresponding to a loss detected for the average city resident's date of 31.12.2003? uro 87.
====================== The above is the result reached by the writer CTU, in fulfillment of the assignment conferred. No follow
4
attachments - Attachment A: Minutes of surveying operations
- Annex B: Statute of the ESCB and the ECB
- Annex C: Decision of the ECB ECB/2000/19 ECB/2001/15 ECB/2001/16 ECB/2004/9
- Annex D: Summary of Budgets 1997 1998 1999 2000 2001 2002 2003
the Bank of Italy With
treat.
Lecce, May 20, 2005. The CTU
(Dr. Maurizio Mazzeo)
SUMMARY OF THE REPORT ACCOMPANIED BY A TABLE OF SUFFRAGE SENSATIONAL JUDGEMENT OF THE COURT OF LECCE COSIMO Roche
In light of the foregoing analysis, on the determination of monetary income earned by the Bank of Italy for the purpose of calculating the average damage suffered by the national community for its subtraction and allocation to private parties, should make some considerations.
First we must consider that the Bank of Italy is a company and monetary income is the main positive component of income - from which, however, achieve all revenue Institute. This entry, however, can not be assessed separately by extrapolating from the income statement and balance sheet of the Bank, as only through the sum of its positive and negative results in the operating result, which represents the net income generated by currency held by the Bank.
Moreover, as we have seen, the Bank of Italy deploys the operating profit achieved, according to the statute, part of the State Party to the participants and deprived of its share capital. It 'obvious that only this last part, supplemented by provisions and extraordinary profits to the reserves and the provisions of the fruits of the same stocks, it represents a diversion of resources to the state (and for it to the national community), upon whom the only monetary policy and its proceeds.
Therefore, while it is complex, especially since the ownership of monetary policy was transferred to the ECB for the articulated mechanisms of income distribution lords of the NCBs, assess the amount of monetary income subtracted to the exclusive jurisdiction of the State, by 'another, even when this would be exactly determined, no account of the negative components of the budget and therefore the costs incurred by the Bank to achieve this income.
A conservative representation of the damage sustained by the community for the removal of monetary income gained must therefore refer only to net profits of budget achieved by the Bank of Italy (adjusted as described above with the provisions and distribution of reserves) and not assigned to the State.
On the other hand, applying this method of calculation, adequate remuneration of the private contributions made by participants at the Bank of Italy, and relating only to the share capital granted (? Uro 156,000), can not alter significantly the value , so determined, the monetary income exclusion from the community.
However, for the purposes of the calculations, the writer has decided to consider as a proper return on capital, the deliberate distribution to the participants for the year, corresponding (in accordance with the regulations) to 10% of the share capital . In this regard
must be observed that the average annual distribution of dividends to bank stocks listed (including the participants in the Bank of Italy) does not exceed 5%, for which the remuneration of 10% of the share capital, established by statute and determined annually, must be considered fair.
addition, the undersigned, in the preparation of the calculations took into account for the reflections of the overall distribution of income of the Bank of Italy, the percentage of share capital (5%) held by the INPS, which as state institutions fully controlled and governed by the state, can not be considered a private participation.
The writer has been able to examine the Report and its annexes published by the Bank of Italy 1997-1998-1999-2000-2001-2002-2003 exercise that you attach to sub D, could also extend the analysis to 1996, because the data are listed in the comparison with last year's Budget 1997 .
The following table shows the calculations were analytically removed from the monetary income to the state, drawn by the writer on the basis of the above criteria, for the period 1996/2003 ...
Table in the "Forms" Hello
Mehdi
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