by Marvin Ramírez
Marvin Ramírez
<<Gold and silver were such a powerful money during the founding of the united states of America, that the founding fathers declared that only gold or silver coins can be “money” in America.>>
First part of a two-part series
NOTE FROM THE EDITOR :
Most of us, including those exceptionally educated PhDs in economics or historians educated in our current educational system, never been aware of some facts about our country. Things like, why states and municipalities have to present a fiscal budget in April of every year; why our currency is not actually money, as opposed to money backed by gold and silver, mandated by the Constitution; why, especially, the Federal government has to borrow money from the Federal Reserve Bank – a privately-owned bank owned by foreign institutions. These questions and more can better be understood after reading the declaration of a House Representative in Congress.
The following article describes the status of the bankruptcy of the United States of America. In a address to the U.S. Congress in 1993, Speaker-Rep. James Traficant, Jr. (Ohio) addressing the House made the following statement.
by Rep. James Traficant, Jr.
(Ohio)
Mr. Speaker, we are here now in chapter 11..Members of Congress are official trustees presiding over the greatest reorga-nization of any Bankrupt entity in world history, the U.S. Government. We are setting forth hopefully, a blueprint for our future.There are some who say it is a coroner’s report that will lead to our demise.
It is an established fact that the United States Fed-eral Government has been dissolved by the Emergency Banking Act, March 9, 1933, 48 Stat. 1, Public Law 89-719; declared by President Roosevelt, being bankrupt and insolvent. H.J.R. 192, 73rd Congress m session June 5, 1933 – Joint Resolu-tion To Suspend The Gold Standard and Abrogate The Gold Clause dissolved the Sovereign Authority of the United States and the offi-cial capacities of all United States Governmental Offi ces, Officers, and Departments and is further evidence that the United States Federal Government exists today in name only.
The receivers of the United States Bankruptcy are the International Bank-ers, via the United Nations,the World Bank and the In-ternational Monetary Fund.All United States Offices,Offi cials, and Departments are now operating within a de facto status in name only under Emergency War Pow-ers. With the Constitutional Republican form of Gov-ernment now dissolved, the receivers of the Bankruptcy have adopted a new form of government for the United States. This new form of government is known as a Democracy, being an estab-lished Socialist/Communist order under a new governor for America. This act was instituted and established by transferring and/or plac-ing the Offi ce of the Secre-tary of Treasury to that of the Governor of the Inter-national Monetary Fund.Public Law 94-564, page 8,Section H.R. 13955 reads in part: “The U.S. Secretary of Treasury receives no com-pensation for representing the United States.”
Gold and silver were such a powerful money during the founding of the united states of America, that the founding fathers declared that only gold or silver coins can be “money” in America. Since gold and silver coinage were heavy and inconvenient for a lot of transactions, they were stored in banks and a claim check was issued as a money substitute. People traded their coupons as money, or “currency.” Cur-rency is not money, but a money substitute. Redeem-able currency must promise to pay a dollar equivalent in gold or silver money. Federal Reserve Notes (FRNs) make no such promises, and are not “money.” A Federal Reserve Note is a debt obligation of the federal United States government, not “money?’ The federal United States government and the U.S. Congress were not and have never been authorized by the Constitution for the united states of America to issue currency of any kind, but only lawful money, -gold and silver coin. It is essential that we comprehend the distinc-tion between real money and paper money substitute. One cannot get rich by accumu-lating money substitutes, one can only get deeper into debt. We the People no longer have any “money.” Most Ameri-cans have not been paid any “money” for a very long time, perhaps not in their entire life. Now do you comprehend why you feel broke? Now, do you understand why you are “bankrupt,” along with the rest of the country?
Federal Reserve Notes (FRNs) are unsigned checks written on a closed account. FRNs are an infl atable paper system designed to create debt through infl ation (devaluation of currency). when ever there is an increase of the supply of a money substitute in the econ-omy without a corresponding increase in the gold and silver backing, infl ation occurs.
Inflation is an invisible form of taxation that irre-sponsible governments infl ict on their citizens. The Federal Reserve Bank who controls the supply and movement of FRNs has everybody fooled. They have access to an unlimited supply of FRNs, paying only for the printing costs of what they need. FRNs are nothing more than promissory notes for U.S. Treasury securities (T-Bills) – a promise to pay the debt to the Federal Reserve Bank. There is a fundamental difference between “paying” and “discharging” a debt. To pay a debt, you must pay with value or substance (i.e. gold, silver, barter or a commodity). With FRNs,you can only discharge a debt. You cannot pay a debt with a debt currency system. You cannot service a debt with a currency that has no backing in value or substance. No contract in Common law is valid unless it involves an exchange of “good & valuable consid-eration.” Un-payable debt transfers power and control to the sovereign power structure that has no inter-est in money, law, equity or justice because they have so much wealth already.
Their lust is for power and control. Since the incep-
