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The Free American

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Clay Douglas

Clay Douglas


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My guest today is:
May, 1990
In 1990 Col. Hermann and V. K. Durham had the value of the contract calculated by the Federal Reserve System bank in Los Angeles: and as of that time, with penalties and the interest thereon having compounded every six months, the value of the Bonus 3392 was established at being in excess of $ 206, 858 Trillion U.S. au -- gold. Given that the alleged debt of the United States as claimed by the Federal Reserve System, the so-called “national debt,” was calculated at $6.5 Trillion last year in May, this Contract is 29,550 times larger, and that’s only as of the benchmark date of May, 1990. That makes the Bonus 3392 the largest debt owed, and the owner of that debt the primary creditor. In addition, it is the oldest debt owed of those assumed from Latin America at the turn of the last century. With the help of Colonel Hermann and other experts, V. K. Durham set up the Durham Trust to maintain the ownership of this Commodity Contract, and to protect it from predatory financial agents. As it happens, Russell Hermann was abducted, tortured, poisoned and then murdered in 1994.

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