1. The budget cannot ever be balanced.
//www.city-data.com/forum/15751751-post5.html
2. The U.S. government went bankrupt in 1933. The private sector joined it in 1935. The "State of Emergency" has been in force and effect since 1933.
3. Fleet size is not the real issue. What the Navy is being used for IS. And it is NOT securing the rights of Americans.
4. The enumerated American's obligation is NOT what is reported.
U.S. National Debt Clock
Each share of this debt is
$43,492.94 - in dollars!
5. Amnesty for illegal aliens is vital to boost the tally of "human resources" pledged as collateral on the debt, via FICA.
6. The figures are misleading. Since 1933, no dollars have circulated or have been spent. Dollar bills (Federal Reserve Notes) are not dollars. See: Title 12 USC Sec. 411.
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Money Reference: Article 1, Section 8. U.S. Constitution.
The Congress shall have Power
...To borrow Money on the credit of the United States;
...To coin Money, regulate the Value thereof, and of foreign Coin, and fix the Standard of Weights and Measures;
Article 1, Section 10. U.S. Constitution
No State shall ... coin Money; emit Bills of Credit; make any Thing but gold and silver Coin a Tender in Payment of Debts; pass any ... Law impairing the Obligation of Contracts, ...
Note: only gold and silver coin PAY DEBT. And if Congress had the power to create money, it wouldn't need the power to borrow it. Congress can only coin money (stamp bullion).
TITLE 12,CHAPTER 3,SUBCHAPTER XII,sec. 411. Issuance to reserve banks; nature of obligation; redemption
" Federal reserve notes, to be issued at the discretion of the Board of Governors of the Federal Reserve System for the purpose of making advances to Federal reserve banks through the Federal reserve agents as hereinafter set forth and for no other purpose, are authorized. The said notes shall be obligations of the United States and shall be receivable by all national and member banks and Federal reserve banks and for all taxes, customs, and other public dues. They shall be redeemed in LAWFUL MONEY on demand at the Treasury Department of the United States, in the city of Washington, District of Columbia, or at any Federal Reserve bank."
The dollar bill (FRN) is an IOU, issued on the authority of Congress to BORROW money.
Ahem - where's the lawful money lent to the Congress?
LAWFUL MONEY - "The terms 'lawful money' and 'lawful money of the United States' shall be construed to mean gold or silver coin of the United States..."
Title 12 United States Code, Sec. 152.
"Dollars, or units; each to be of the value of a Spanish milled as the same is now current, and to contain three hundred and seventy-one grains and four-sixteenths parts of a grain of pure, or four hundred and sixteen grains of standard, silver."
"Eagleseach to be of the value of ten dollars or units, and to contain two hundred and forty-seven grains and four eighths of a grain of pure, or two hundred and seventy grains of standard gold."
--- Sec. 9, Coinage Act of 1792, January 1792
According to Title 31 of the U.S. code, a silver dollar complies with the original Coinage Act.
31 USC Sec. 5112. Denominations, specifications, and design of coins
(e)(1) ...weight 31.103 grams;
(e)(4) have inscriptions ... 1 Oz. Fine Silver ... One Dollar
Fort Knox Depository (allegedly) holds 147.4 million ounces of gold bullion, if coined, would amount to approximately 3 billion dollars (pursuant to the Coinage Act).
World wide bullion is estimated at 5.5 billion ounces, which computes to 110 billion dollars.
Where's the 13 trillions in gold coin, lent to the Congress?
[Don't confuse the dollar bill price for gold bullion. Dollar bills were repudiated in 1933, and have no par value - they're worthless.]
REAL MONEY - Money which has real metallic, intrinsic value as distinguished from paper currency, checks and drafts.
Black's Law Dictionary, Sixth Ed. p. 1264
MONEY - In usual and ordinary acceptation it means coins and paper currency used as a circulating medium of exchange, and does not embrace notes, bonds, evidences of debt, or other personal or real estate. Lane v. Railey, 280 Ky. 319, 133 S.W. 2d 74, 79, 81.
Black's Law Dictionary, Sixth Ed. p. 1005
NOTE - An instrument containing an express and absolute promise of signer (i.e. maker) to pay to a specified person or order, or bearer, a definite sum of money at a specified time. An instrument that is a promise to pay other than a certificate of deposit. U.C.C. 3-104(2)(d)
Black's Law Dictionary, Sixth Ed. p. 1060
TENDER - An offer of money ... Legal tender is that kind of coin, money, or circulating medium which the law compels a creditor to accept in payment of his debt, when tendered by the debtor in the right amount.
Black's Law Dictionary, Sixth Ed. p. 1467
[Note: FRNs are legal tender on the obligated party of those notes - the Federal government. . . AND the 305 million enumerated socialists.]
"Federal reserve notes are legal tender in absence of objection thereto."
MacLeod v. Hoover (1925) 159 La 244, 105 So. 305
All duly enumerated American socialists cannot object to the tender of the notes that THEY are obligated parties to. (thanks to FICA)
Recapping:
* Lawful money = gold / silver coin (aka real money)
* Money = lawful money or currency (i.e., certificates which are receipts for real money in the vault)
* Notes are not money, by law
The almost 14 trillion dollar public debt cannot be paid with debt instruments (FRNs). There is not enough gold bullion in the world to pay it. Nor can Congress question its validity despite being impossible to repay.
14th amendment, Section 4. The validity of the public debt of the United States, authorized by law, including debts incurred for payment of pensions and bounties for services in suppressing insurrection or rebellion, shall not be questioned.
YOUR Share = $43,492.94 - in dollars!
*(Based on the pre-bankruptcy statutes, a one ounce gold coin is equivalent to 20 unit dollars. Since silver was demonetized in 1873, the debt can only be computed in terms of gold coin.)
If the bullion (over 650 billion ounces) existed, YOUR SHARE OF THE OBLIGATION IS
2174.647 ounces of gold.
Gold price: 1246 FRNS / ounce (remember, Federal Reserve notes are not dollars).
Actual obligation, in "dollar bills" = $2,709,610.16
[head smack]
U.S. population = 309,089,003
Actual "dollar bill" value of debt = 837,510,703,491,248.47
{Start up those printing presses!}
What does it really mean?
The American people have been systematically robbed for over 3 generations by usurers and by profligate idiots in the government, who blindly entered into impossible contracts, that can not be questioned, and who have instituted socialist chains that no recipient dare rip off.
Welcome to the United Socialist States of America, soon to be the People's Democratic Socialist Republic of America.
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