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In 1969, Minnesota judge Mahoney ruled that the Federal Reserve and it's notes, as well as debts created from these notes, were illegal, unconstitutional, & VOID:

http://jasonhommelforum.com/forums/showthread.php?p=1231#post1231

He was poisoned 6 months later.

The case was never appealled and thus is still the law. The USA constitution says that all money must be gold & silver:

http://www.kitco.com/ind/Fekete/jul262006.html

Thus all our debts are void.

2006-07-27 12:19:00 · 4 answers · asked by Shelby M 1 in Social Science Economics

No where is the Federal Reserve (a private banking corporation), nor private banks given the power to counterfeit money. Only Congress is given the power to coin in the constitution. And the interpretation is that coin should only be gold & silver, since that regulation is applied to the States by the constitution.

http://www.law.cornell.edu/constitution/constitution.articlei.html#section8

Section 8. The Congress shall have power to...

To coin money, regulate the value thereof, and of foreign coin, and fix the standard of weights and measures;

To provide for the punishment of counterfeiting the securities and current coin of the United States;


http://www.law.cornell.edu/constitution/constitution.articlei.html#section10

US Constitution Article I, Section 10, provides that "No State shall enter into any Treaty, Alliance, or Confederation; grant Letters of Marque and Reprisal; coin Money; emit Bills of Credit; make any Thing but gold and silver Coin a Tender in Payment of Debts

2006-07-27 12:53:44 · update #1

Reminding you to review my sources:

http://www.kitco.com/ind/Fekete/jul262006.html

The link above explains why the end of the gold standard in 1933 exaserbated the Great Depression. The myth that the expansion of the economy under a gold standard is tied to the supply of gold is a lie propogated by the devil to control you. Study the facts. The price of gold can adjust to any level to support the expansion of the economy. The nearly constant supply of gold (vs. the lunacy of 10+% per annum M3 paper money growth) helps to maintain price stability and prevents excessive "usury" and capital misallocation which otherwise lead to nasty Great Depressions.

2006-07-28 04:24:12 · update #2

4 answers

Yes, please let me help you rid yourself of illegal contraband and mail me all of your federal reserve notes so that I may do away with them;-)

2006-07-27 12:25:01 · answer #1 · answered by minuteblue 6 · 0 0

It doesn't make any sense to base our money off of gold and silver in today's age

When it was done in the past, if the price of gold or silver increased the country would have an economy would thrive because more money would exist, but if the price would drop, the country would enter a recession. Our economy should be base upon our country's production, not the price of gold and silver. This is the reason we have left the gold standard.

As far as the case you mention, I don't know enough about it to comment.

2006-07-27 12:27:29 · answer #2 · answered by vx_destroyer 2 · 0 0

Have you ever read the U.S. Constitution? Here's what is says about money (Article 1, Section 8):

The Congress shall have power...

To borrow money on the credit of the United States;
...
To coin money, regulate the value thereof, and of foreign coin, and fix the standard of weights and measures;

2006-07-27 12:35:18 · answer #3 · answered by NC 7 · 0 0

HAHA!! NC pwned you...

2006-07-27 19:24:08 · answer #4 · answered by Fox 34 4 · 0 0

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