“In the event the Us citizens actually enable it to be finance companies to manage the issue of the money, earliest by how to use hitwe rising cost of living and then from the deflation, banking institutions will rob the people of all of the assets until the pupils usually wake up homeless.” Thomas Jefferson
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 paid down, at Law.
Vendor Laws
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 individual 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 Corrects protects Us.
When you can 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 inside fee out-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 evidences off financial obligation 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 operation off Home Shared Quality Zero. 192, people, and you will States, have been compelled to “perform services”, in check, not to shell out (no-one you will “pay” any more since there was no real money that so you can “pay”), however, to “discharge obligations” to expend.
Actually a bank, can “create” 20 dollars for every one on the deposit, provide these to you, assemble the chief and you may attention and just create the cash returning to nonexistence
What is called “fractional put aside financial”, having irredeemable report, produces numerous needs on a familiar compound. That is, finance companies is question otherwise do “money” by just and then make a ledger entry. These recently authored bucks (ledger entries) are “backed” from the exact same couple bucks already kept for the put. To phrase it differently, you are pressed at section of one’s Sheriff’s gun so you can purchase something that was created away from thin air – including notice. That have multiple means, no one can ever before meet all the their claims no one can be actually “pay” during the Laws into the substance, which is, which have Important Silver Dollars, but instead, is only able to “perform functions” since the proof their willingness so you’re able to “discharge the obligation to expend”. Payment, as such, try therefore permanently postponed; one just claims the brand new percentage.