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I watched 3 minutes of Part 1 and saw right away that they were talking about Spooky Dude Soros and others that will come out of that crash with all the money of this nation. Now lets get some of the supporters of Spooky Dude to listen to Glenn Beck as he exposes Soros in just a few minutes now and then at least until Soros has a bellyful of him and puts out a contract on him.
It's already in the Constitution that the government handles the coining of money, i.e. use bullion to stamp legal money. The Constitution only recognizes money backed by silver and gold as options, until the Federal Reserve Act came into power when Congress seceded this power to the private bank and I heard a rationale for this was "Coining money only means coins, not dollar bills". If jetgraphics is around, he can explain much better. He's the resident expert, it seems, on matters relating to monetary policy and the private Fed
It's already in the Constitution that the government handles the coining of money, i.e. use bullion to stamp legal money. The Constitution only recognizes money backed by silver and gold as options, until the Federal Reserve Act came into power when Congress seceded this power to the private bank and I heard a rationale for this was "Coining money only means coins, not dollar bills". If jetgraphics is around, he can explain much better. He's the resident expert, it seems, on matters relating to monetary policy and the private Fed
Congress has delegated powers to:
1. Coin money;
2. Borrow money.
It has no power to create money. If it did, why would it need the power to borrow that which it can create.
The Federal Reserve Act of 1913 created a scheme to allow usurers to float loans to the Government, that grew beyond any hope of repayment. In 1933, the Congress repudiated their promise to redeem their notes, as codified in Title 12 USC Sec. 411.
In essence, the U.S. government went bankrupt, was re-organized, and now prosecutes the bankruptcy against the American people, on behalf of the Creditor, whose fiduciary agent is the Federal Reserve Corporation.
Pursuant to the 14th amendment, section 4, the validity of the public debt cannot be questioned - even when it is impossible to repay.
Senate Report 93-549 War and Emergency Powers Acts
"A majority of the people of the United States have lived all of their lives under emergency rule. For 40 years (1933-1973), freedoms and governmental procedures guaranteed by the Constitution have, in varying degrees, been abridged by laws brought into force by states of national emergency."
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So if you're curious, feel free to write to "your" congressman and senators and ask them about ending the "emergency" and returning to lawful government.
It might save us from further wreck and ruin... and abolish FICA / Social Security, too.
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In case you weren't informed, the only people authorized to actually CREATE money (a medium of exchange, to facilitate the trade of real goods and services) are the people who create new goods and services.
A widespread example of that power is a "free coupon".
Of course, the small print says it has only 1/20 cent "cash value". But that's the beauty of private money - it's not denominated in government money. Can't inflate it. Can't debase it.
My idia went something like this. Cogress shal not get paid unless they pass a balanced budget. If they don't pass a balanced budget then we are having a national emergancy and they can contribute their personal wealth to the cause.
All we need is a balanced budget amendment, with an emergency clause properly worded.
Based on what most Americans "know" thanks to the world's greatest propaganda ministry, your opinion is "common sense".
Unfortunately, reality and the law are quite at odds with that.
Pursuant to Title 12 USC sec. 411, the only way new "dollar bills" are authorized is by increasing the debt. So a "balanced budget" will freeze the emission of new "dollar bills". (If you are wondering about it - consider the dot.com crash of 1999-2000 as one of the consequences.)
Since 1933, no "dollars" have circulated. Congress went bankrupt, FDR "liberated" all the privately held gold coin (silver was demonetized in 1873), and no one has "paid debt" pursuant to the USCON.
"Dollar bills" *(no par value) are legal tender upon obligated parties - such is the U.S. government, pursuant to law.
And all duly registered and enumerated "contributors" (via FICA) are also obligated parties on those worthless notes.
"Federal Reserve notes are "backed" by all the goods and services in the economy."
Congress has been borrowing MORE than it pays in interest on the public debt. That's what Bernie Madoff went to prison for doing - in the private sector.
Basically, the Congress is running the world's biggest scam, by our consent, according to the signed documents in the public record.
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