“If the Us americans ever before enable it to be banking companies to control the issue of the currency, very first by the rising prices after which of the deflation, banking institutions tend to rob the folks of all of the assets up until the students have a tendency to awaken homeless.” Thomas Jefferson
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On June 5, 1933, as a result of a prearranged banking crisis, the Congress of the United States passed House Joint Resolution No. 192, suspending the Gold Standard (they did not abolish it), which means they disestablished the fixed content of the Gold Dollar and took away the Law jurisdiction of the U. S. Standard Dollar Lawful Money. In effect, the entire country, every State and every freeborn, Sovereign American individual, became insolvent and was effectively put into bankruptcy, making it impossible for each State and each individual to either shell out their debts, at Law, or to be repaid, at Law.
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Instead of being able to demand payment at Law, or to make payment in Standard Gold Dollars as Lawful money, or the equivalent Treasury currency, redeemable on demand, at Par, We The People were forced on to the credit of the private banks, the Federal Reserve Banks and the commercial banks, and began to pass around their debt instruments, as though it were real money, making use of their debt-claims for the money, and thereby, by the operation of House Joint Resolution No, 192, into an alien and unlawful Federal Executive Equity Jurisdiction, known as lex mercatoria, or the Law Merchant, which is the private rule of the bankers, and from which jurisdiction our forefathers fought, and won, a revolution to be free, and from which jurisdiction our Constitution and Bill of Rights protects Us.
pay your debts in Standard Gold Dollars, you operate on a cash basis in a Federal Common Law jurisdiction based on Article I, Section 10, clause 1, of the Constitution of the United States of America regarding tender into the commission of debts. This is the General Federal Common Law jurisdiction deriving from the Union, which the Bill of Rights was designed to protect, particularly the Seventh Amendment which guarantees the Right of Trial by Common Law Jury in suits at Common Law where the value in controversy shall exceed twenty dollars. But, when you pass around indications away from obligations as if it were the money itself, you are passing around the debt-claims for the money, and you no longer have a jurisdiction at Law, where the individual has access to his Rights, but you are in an entirely different court, or jurisdiction. You are in an Equity jurisdiction, one in which the individual does not have any Rights. And this is the practical effect which Congress intended to bring about by passing House Joint Resolution No. 192. Even one hundred years ago it was stated that “we have the best Congress that money can buy”.
By the operation out-of House Shared Solution No. 192, someone, and you will States, was indeed compelled to “do services”, in check, not to pay (no body could “pay” any further as there was zero real cash that so you’re able to “pay”), however, to help you “discharge obligations” to invest.
What’s named “fractional put aside banking”, that have irredeemable paper, creates numerous needs abreast of a familiar substance. That’s, banking institutions normally issue or would “money” by just and come up with good ledger entry. These types of freshly written dollars (ledger entries) is actually “backed” from the same couples dollars currently kept on deposit. Indeed a bank, is “create” 20 cash for each you to with the put, provide these to you, gather the main and you may notice and only create the bucks back once again to nonexistence. To put it differently, you are pushed at part of Sheriff’s gun so you can purchase something was developed out-of nothing – and additionally attract. Which have numerous need, nobody is able to actually fulfill every his states and no one to normally actually ever “pay” in the Legislation in material, that is, that have Important Gold Bucks, but rather, can only “perform qualities” because proof of their willingness to help you “discharge the duty to blow”. Percentage, therefore, was therefore forever put off; one to simply claims the latest fee.