Once an interest-bearing debt fiat currency is issued, it must eventually fail. It is failing now.
The U.S. Supreme Court ruled in a 1913 case, German Alliance Insurance Co. v. Kansas, 233 U.S. 389 at page 432 that:
“Moreover, interest laws were in their inception not a restriction upon the right of contract but an enlargement, permitting what theretofore had been regarded both as an ecclesiastical and civil offense. … they therefore fall within the rule that contemporary practice, if subsequently continued and universally acquiesced in, amounts to an interpretation of the Constitution.”
How do you like that? We’ve let criminals, (“theretofore regarded as a crime”), now unpunishable, interpret our Constitution for us. This Supreme Court case paved the way, later in 1913, for Congress to pass the Federal Reserve Act, which sealed our doom.
The Federal Reserve Bank is not federal. The Federal Reserve Bank is a private corporation. See Lewis v. Federal Reserve. (Link: http://law.justia.com/cases/federal/appellate-courts/F2/680/1239/200393/ ).
The word “federal” does not appear in the U.S. Constitution. Federal means ‘by agreement’.
Today’s banking system has evolved from the loot stolen by the Knights Templar. They brought it to London, and the banking system sprouted up in their neighborhood.
The fifth plank of the Marx’ Communist Manifesto requires creation of a national bank. In freedom loving countries, centralized banks have been forbidden since before Moses came down from the mountain and saw a golden calf.
Federal Reserve Notes are debt. They are IOUs. The Constitution prohibits government from emitting bills of credit.
You cannot discharge a debt by paying with another debt Note. You own nothing and you are happy in your ignorance.
The Constitution requires Gold and Silver coin to be our only lawful money. Government backed paper money did not exist until the Civil War. Under martial law military script is circulated as money. Under martial law, you can pay a debt with another debt if Congress says it discharges debts. The power to issue legal tender paper money was first declared constitutional as a war measure under an implied military power. Read the Supreme Court’s Legal Tender Cases, 79 US 457. Your money is legal tender only under the ongoing martial law. (See lessons 28, 29, 34)
Martial law lessons:
- the Martial Law amendments
- the 14th amendment citizenship was created by congress in 1868
- FDR’s New Deal made us the enemy
Federal Reserve notes are borrowed into circulation. As the debt gets paid, the IOUs are redeemed for lawful money. As a comparison: postage stamps are purchased into circulation.
The money in your pocket is issued by a private bank. The money in your pocket is NOT issued by a government. Federal Courts know the Federal Reserve is not federal. The Federal Reserve is owned by the Class A member banks, who are in-turn ultimately owned by 10 European families.
Government backed paper money did not exist until the Civil War. But Lincoln’s Greenbacks did not bear interest. It is martial law that authorizes paper money. The paper money fiat currency in your pocket can only exist under martial law.
Article 1 section 10 still prohibits States from emitting bills of credit, yet States are deep in debt today. Article 1, section 10 also requires states to pay their debts in gold and silver coin. Article 1, section 8 still requires Congress to coin money in gold and silver coin. And regulate the value thereof.
For more information on the Martial Law money in your pocket: follow the laws back to the beginning:
During the Civil War, President Lincoln as Commander in Chief, Proclamation No. 3, April 15, 1861, 12 Stat 1258; AND Proclamation No. 7, May 10, 1861, 12 Stat. 1260 the purpose of the National-Bank Act 13 Stat 99 was to put National Bank Association notes, backed by their pledges of U.S. Treasury bonds into circulation.
The National-Bank Act “An act to provide a national currency secured by a pledge of United States Bonds and to provide for the circulation and redemption thereof” Approved June 3rd, 1864. Ch. 106, 13 Stat 99.
The 14th Amendment, section 4 “the validity of the public debt shall not be questioned”. This keeps us from auditing the Federal Reserve.
Banks are the enemy of the U.S. Treasury.
Just look at the portraits on the currency we force the Federal Reserve Bank to print:
Each portrait is of someone who had a message of warning. THEY WARNED YOU. You were warned that banks are your enemy who will destroy you.
George Washington (portrait on the one dollar bill):
If “…we should unfortunately stumble again on unfunded paper money, or any similar species of fraud, we shall assuredly give a fatal stab to our national credit in its infancy. Paper money has had the effect in your state that it will ever have, to ruin commerce, oppress the honest, and open the door to every species of fraud and injustice.”
– January 9, 1787, in a letter to Jabez Bowen, Deputy Governor of the State of Rhode Island
Thomas Jefferson (portrait on the $2 bill):
“And I sincerely believe, with you, that banking establishments are more dangerous than standing armies; and that the principle of spending money to be paid by posterity, under the name of funding, is but swindling futurity on a large scale.”
— in a letter to John Taylor , May 28, 1816, in Ford, 10:31
“Bank-paper must be suppressed, and the circulating medium must be restored to the nation to whom it belongs.”
— Thomas Jefferson letter to John Wayles Eppes, September 11, 1813
Andrew Jackson (portrait on the $20 bill):
“Gentlemen, I have had men watching you for a long time and I am convinced that you have used the funds of the bank to speculate in the breadstuffs of the country. When you won, you divided the profits amongst you, and when you lost, you charged it to the bank. You tell me that if I take the deposits from the bank and annul its charter, I shall ruin ten thousand families. That may be true, gentlemen, but that is your sin! Should I let you go on, you will ruin fifty thousand families, and that would be my sin! You are a den of vipers and thieves.”– 1836, revoking the charter of the Second Bank of the U.S.
Andrew Jackson survived several attempted assassinations by agents of the Bank of England because he opposed a central bank.
Abe Lincoln (portrait on the $5 bill):
“I have two great enemies, the southern army in front of me and the financial institutions, in the rear. Of the two, the one in the rear is the greatest enemy…. The money power preys upon the nation in times of peace and conspires against it in times of adversity. It is more despotic than monarchy, more insolent than autocracy, more selfish than bureaucracy. I see in the near future a crisis approaching that unnerves me and causes me to tremble for the safety of my country; As a result of the war, corporations have been enthroned, an era of corruption in High Places will follow, and the Money Power of the Country will endeavor to prolong its reign by working upon the prejudices of the People, until the wealth is aggregated in a few hands, and the Republic is destroyed. I feel at this moment more anxiety for the safety of my country than ever before, even in the midst of war”
— November 21, 1864, letter to Col. William F. Elkins upon passage of the National Banking Act of 1863.
Abe Lincoln was the first Republican President. The Party of Lincoln created economic reforms that could end slavery, so there would be no need for laws that provide greedy people with the products of forced labor*. The bankers killed Abe on April 15th and they celebrate their conquest on that date every year.
Supreme Court Chief Justice John Marshall (portrait on the $500 bill).
He made the decision in bank case McCulloch v. Maryland that States can tax state chartered banks.
James Madison (portrait on the $5000 bill):
“… war is, perhaps, the most to be dreaded because it comprises and develops the germ of every other. War is the parent of armies; from these proceed debts and taxes…known instruments for bringing the many under the domination of the few. . . . No nation could preserve its freedom in the midst of continual warfare.”
– James Madison, Political Observations, 1795
“History records that the money changers have used every form of abuse, intrigue, deceit, and violent means possible to maintain their control over governments by controlling money and its issuance.”
— attributed to James Madison
“a public debt is a public curse, and in a Republican Government a greater curse than any other” — James Madison, Federalist Paper 10.
Salmon Chase, Lincoln’s Secretary of the Treasury (portrait on the $10,000 bill) later became Chief Justice of the Supreme Court where he ruled that:
“The legal tender quality [of paper money] is only valuable for the purposes of dishonesty.” — as Chief Justice in dissent of Knox vs. Lee (The Legal Tender Cases, 1871):
President Wilson apologized for being deceived into backing the Federal Reserve Act (we force the Federal Reserve to put his portrait on the $100,000 bill):
“A great industrial nation is controlled by its system of credit. Our system of credit is concentrated. The growth of the nation, therefore, and all our activities are in the hands of a few men. We have come to be one of the worst ruled, one of the most completely controlled and dominated Governments in the civilized world, no longer a Government by free opinion, no longer a Government by conviction and the vote of the majority, but a Government by the opinion and duress of a small group of dominant men.”
What part don’t you understand?
Otto von Bismarck, German Chancellor, after the Lincoln assassination:
“The death of Lincoln was a disaster … the bankers went anew to grab the riches. I fear that foreign bankers with their craftiness and tortuous tricks will entirely control the exuberant riches of America and use it to systematically corrupt modern civilization.”
“In the councils of government, we must guard against the acquisition of unwarranted influence, whether sought or unsought… The potential for the disastrous rise of misplaced power exists and will persist. We must never let the weight of this combination endanger our liberties or democratic process. We should take nothing for granted. ”
— President Eisenhower’s farewell address to the American people, January 17, 1961
President Kennedy, although he was put into power by bankers because his pro-Nazi father was a successful profiteer, turned on the bankers and tried to save the nation. On June 4, 1963 he signed Executive Order 11110 to restrict the Federal Reserve from lending money to government at interest, and authorized the Treasury to issue currency without borrowing from the Federal Reserve. LBJ’s first action as President was to cancel the Executive Order.
Congressman Charles A. Lindberg Sr. in 1913:
“From now on, depressions will be scientifically created. The financial system has been turned over to the Federal Reserve Board. That Board administers the finance system by authority of a purely profiteering group. The system is Private, conducted for the sole purpose of obtaining the greatest possible profits from the use of other people’s money.”
John F. Hylan, Mayor of New York City, 1922:
“The real menace of our republic is the invisible Government… the little coterie of powerful international bankers virtually runs the United States government for their own selfish purposes”
–1922 Autobiography of John F. Hylan, Mayor of New York City 1918 to 1925
What part don’t you understand?
YES, you were warned that banks are your enemy who will destroy us. We once elected brave leaders who would protect us from them. We put the portraits on our money in order to remind us of their warnings.