6139008-History-of-Money

documents...Congressional Record, Congressman Wright Patman, A Primer On Money prepared by the Sub-committee onDomestic Finance, House of Representatives, Committee on Banking and Currency - 88th Congress, 2nd session, August4th, 1964 and December 23, 1913, page 1464 & 1478. Congressional Record, Congressman Louis McFadden, June 101932, House of Representatives, pages 12604-12605; Congressional Record, 98th Congress, 1st session, February 3,1983, Congressman Ron Paul Congressional Record, Committee on Banking and Currency, House of Representatives, 77thCongress, 1st session, Tuesday, September 30, 1941, pages 1342-1345.THERE ARE MANY MORE CONGRESSIONAL TESTIMONIALS. IS THERE BIAS IN THE MEDIA REGARDING THE FED? DURINGTHE TV PRESIDENTIAL DEBATES, CLINTON WAS ASKED SHOULD THERE BE RESTRICTIONS ON THE FED? THE NEXT DAY,MAJOR NEWSPAPERS SAID THEY COVERED THE WHOLE PRESIDENTIAL DEBATE TEXT, BUT MANY NEWSPAPERSELIMINATED THIS ONE QUESTION. CHECK YOUR LIBRARY!The Revolutionary War was fought and the Constitution was written to prevent other nations and private banks fromissuing (printing) money and controlling our currency. In 1913, members of Congress committed treason and violatedtheir oath of office to defend the Constitution against all enemies foreign and domestic by voting in the Federal ReserveBank. For the New World Order to create a one World government, they must control a central bank, eliminate theConstitution, end Christian values, disarm America, and control the media. The Council on Foreign Relations has openlysaid they will take us over in favor of a one World government. The American people must be warned or we may lose ourfreedom forever. If we do not demand our rights and uphold the Constitution, the CFR and bankers will continue theirmarch toward socialism. If we allow them to continue, they will abolish our rights and put an end to our presentgovernment. I urge all Americans to distribute the "main" FED-UP brochure ("saving $6000 in taxes per year, per person& balancing the budget) and collect signatures on the petition (see order form in the main brochure). Then all informedAmericans can take action and hold their politicians accountable. The bankers control the media, but can not stop patrioticAmericans from using copy machines to distribute information and inform America. Once informed, people will demand anexplanation why Congress allowed this fraud as the media appeared to be independent and investigative, but remainedsilent on this important issue. The ones who scream the loudest to keep the Federal Reserve Bank probably profit themost.Why a Federal Reserve Note isn't worth a Dollar. This article is a layman's overview of United States money; it is notintended to be an in-depth scholarly review, but it is fairly comprehensive. Gresham's law, observation in economics that"bad money drives out good." If two coins have the same nominal value, but are made from metals of unequal value, thecheaper will tend to drive the other out of circulation. Sir Thomas Gresham, financial agent of Queen Elizabeth I, was notthe first to recognize this monetary principle, but his elucidation of it in 1558 prompted the economist H. D. Macleod tosuggest the term "Gresham's law" in the 19th century. New Encyclopaedia Britannica, Micropaedia (1998), V. 5, p. 489. Iheard about Gresham's Law years ago, but never really thought about its practical effects. One day, I found a "real" [pre-1965] 90%-silver quarter in my change. And what did I do with it?I immediately withdrew it from circulation and stashed it! And why did I do that? Well, because it was WORTH a littlemore than twenty-five cents because of the increase in the intrinsic value of its silver content. If we accept the premisethat any piece of metal having a "face value" (declared or defined worth) greater than its actual intrinsic value is a "token"[bus token, subway token, toilet-stall token, etc.]; then the "quarter dollar" token (the current cupro-nickel "clad" or"sandwich" quarter) [bad money] has sucessfully driven the 90%-silver quarter dollar [good money] out of circulation.How? Because almost everyone has done exactly what I had done: we remove the remaining good money from circulationbecause we recognize its intrinsic value and save it; and leave the less valuable [or worthless] tokens to circulate. Wehave done exactly the same thing with silver dimes, silver half-dollars, and silver dollars. That is also what we have donewith the circulating FEDERAL RESERVE NOTE paper currency (scrip or bills of credit?) we have been brainwashed intocalling 'dollars': you won't often see a circulating United States Note, Silver Certificate, or Gold Certificate. So while, onone hand, we are all "ripping off" one another each time we exchange a FRN; on the other hand, the members of theprivate FEDERAL RESERVE SYSTEM are knowingly, willfully, and systematically cheating ALL of us each and every day. Asyou may have guessed, I am a "Hard-money" proponent; Iwant my money to have intrinsic value at least equal to itsface value.Why is the Federal Reserve Note NOT WORTH ADOLLAR?Bouvier's Law Dictionary (1856): DOLLAR, money. A silvercoin of the United States of the value of one hundred cents, ortenth part of an eagle. EAGLE, money. A gold coin of theUnited States, of the value of ten dollars. It weighs twohundred and fifty-eight grains. Of one thousand parts, ninehundred are of pure gold, and one hundred of alloy. Act ofJanuary 18, 1837, 4 Sharsw. Cont. of Story's L. U. S. 2523, 4.Vide Money.The Hidden History Of Money & New World Order Usury Secrets Revealed at last! Page 393