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6139008-History-of-Money

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In 1965 Congress passed the "Coinage Act <strong>of</strong> 1965" completely debasing the Constitutional Coin; (gold & silver, i.e.Dollar). U.S. vs. Marigold, 50 U.S. 560, 13 L. Ed. 257. At the signing <strong>of</strong> the Coinage Act on July 23, 1965, Lyndon B.Johnson stated, in his Press Release that: "When I have signed this bill before me, we will have made the firstfundamental change in our coinage in 173 years. The Coinage Act <strong>of</strong> 1965 supercedes the Act <strong>of</strong> 1792. And that Act hadthe title: An Act Establishing a Mint and Regulating the Coinage <strong>of</strong> the United States . . .""Now I will sign this bill to makethe first change in our coinage system, since the 18th Century. To those members <strong>of</strong> Congress, who are here on thishistoric occasion, I want to assure you that in making this change from the 18th Century we have no idea <strong>of</strong> returning toit."In 1967, in a brazenly unconstitutional act, Congress repudiated its obligation to redeem silver certificates in silver coin orbullion. In the book, Pieces <strong>of</strong> Eight, Dr. Edwin Vieira writes: “On June 24, 1968 the United States, finally, abandoned thesilver standard applicable since Queen Anne's proclamation <strong>of</strong> 1704, and embraced a system <strong>of</strong> fiat bills <strong>of</strong> credit (e.g.alleged currency) based on irredeemable, legal tender, Federal Reserve Notes and debased, legal tender, clad coinage,never to be declared as lawful money <strong>of</strong> the United States. Through misguided trust, our duly elected sworn public<strong>of</strong>ficials took our lawful currency and changed it to unconstitutional bills <strong>of</strong> credit (irredeemable Federal Reserve Notes),which continues to circulate only because <strong>of</strong> the public's continuing, misplaced confidence in these notes. The word "legaltender" on today's notes are not a magic incantation; they impart NO intrinsic value to money, nor do they entitle thebearer to exchange these notes for lawful specie. They are a throwback to feudal days when the sovereign could, and did,issue a proclamation declaring what was to be used as "money" whenever he wanted to debase the circulating medium.”INSCRIPTIONS ON FEDERAL RESERVE NOTES 1913 TO 1934: "Redeemable in Gold on demand at the United StatesTreasury or in Lawful money, at any Federal Reserve Bank." "Will pay to the bearer on demand one dollar."1934 ..............TO.............. 1968: "This note is legal tender for all debts public and private and is redeemable in lawfulmoney at the United states Treasury, or any Federal Reserve bank." "Will pay to the bearer on demand one dollar."1968 ...............TO............... 1995: "This note is legal tender for all debts, public and private". THERE IS NO PROMISETO PAY, NOR IS A NOTE A DOLLAR !!US currency (notes, bills <strong>of</strong> credit) was always to be redeemable in United States specie currency; first issued 76 yearsafter the ratification <strong>of</strong> the U.S. Constitution, which only mandates gold and silver coin as currency in substance, not form.Early Federal Reserve Notes were redeemable, but over the years, the wording on these notes regarding the promise andobligation has been gradually changed untill 1968. Since that time our "monetized debt" money <strong>of</strong>fers NO OBLIGATIONAND THEY PROMISE NOTHING!!!!Since 1913, there has been more than just a gradual and accelerating erosion <strong>of</strong> the alleged dollar's purchasing power inour society. For the privilege <strong>of</strong> using these notes <strong>of</strong> private corporate debt as our "money", we were absolved from theresponsibility <strong>of</strong> paying our debts at law. We were placed in the position <strong>of</strong> having the "benefit" <strong>of</strong> limited liability forpayment <strong>of</strong> debt under the jurisdiction <strong>of</strong> Vice Admiralty/Maritime law (the law merchant/commercial jurisdiction, UCC) inall controversies. For the privilege <strong>of</strong> using monetized debt, we also lost the rights secured to us by our OrganicConstitutions, both National and State. Under the law, merchant, you have no rights. We are now using as "lawfulmoney", worthless notes <strong>of</strong> private corporate debt, backed by our own credit that we can't own, and for this "privilege" weare held to compelled performance under the statutes.......To make it simple, as long as this nation's lawful currency isnotes <strong>of</strong> private corporate debt, ( bills <strong>of</strong> credit...money backed by no substance) it will remain impossible to ever repay adebt, thereby keeping us and our posterity in debt into perpetuity. Has Thomas Jefferson's prophecy come to pass?Under the contrived bankruptcy we have lost the right to challenge the constitutionally <strong>of</strong> the statutes........We have lostour law..........We can own nothing..........We have become corporate slaves on the land we onceowned..........And................our children are waking up homeless on the continent their forefathers conquered.In 1921, the stockholders <strong>of</strong> the Federal Reserve financed an organization called the "Council on Foreign Relations" (CFR).Harpers magazine called this the most powerful organization in the United States. Ninety percent <strong>of</strong> the people in theState Department and key positions in the Executive Branch are members <strong>of</strong> the CFR. The CFR publishes a magazinecalled "Foreign Affairs." Read it if you want to know what is going to happen in coming years. The CFR is in favor <strong>of</strong> a NewWorld Order tyranny.Agricultural Panic <strong>of</strong> 1921So successful was this deliberately induced panic by the Federal Reserve Board that commodity prices fell 50% andindustrial production 32%. Thousands <strong>of</strong> farms were foreclosed in 1920-1921. This contrived policy <strong>of</strong> the Fed broke over5400 banks. The giant banks picked up the assets <strong>of</strong> the broken ones, in many cases at 5 to 7 cents on the dollar, andmany <strong>of</strong> the larger bankrupt businesses were acquired by corporations owned or controlled by the same "Insiders"Depression In 1929: The Neo-Slavery Debt-Usury Cycle CrashOne thing multiplying irreversibly in proportion to another, ultimately exceeds it. Given that interest multiplies debt inproportion to commerce, it follows that if a subject commerce cannot grow faster than the ever escalated multiplication <strong>of</strong>debt inherent to a circulation subject to interest, that in the end <strong>of</strong> such a system, insoluble debt overcomes the system atThe Hidden <strong>History</strong> Of <strong>Money</strong> & New World Order Usury Secrets Revealed at last! Page 297

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