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The 2 they didn't drown at birth.
The scraggly pimple faces in the underground bunker wanted to know if
he wears briefs or boxers.
Your private bank can issue paper bank notes. Do they? Do you use them?
Storing gold in a bank vault is irrelevant.
A quote on the subject:
"It is understandable how reasonable people can become confused when studying the history of the terms 'lawful money' and 'legal tender' in U.S. history. The blame for this rests with Congress who never bothered to define lawful money when it first used the term. However, the line of thinking that it is defined by the constitution as only gold or silver coin is incorrect. The constitution makes no such definition. Moreover, the restriction that States not make anything but gold or silver a legal tender does not apply to Congress, only to the States. Congress may declare anything it wishes a legal tender. And as the history shows, it certainly has."
To be honest, you sound more like a ranting idiot than a Constitutional Scholar.
So, why don't you go to your bank and demand gold for your deposits?
Especially give them that "Stop shitting on the Constitution" line. That may work for you.
How can government oversee a bank that they have never audited?
The Supreme Court has ruled that the Federal Reserve Bank is not a Federal Agency, although I'm sure your opinion matters more.
The original FR Act, which I have read many times, is not the problem. The fact that
the Act has been amended hundreds of times is.
If you or anyone else believe the Fed is a government agency, well, you're entitled to your opinions.
Years ago I've stopped engaging in this circle jerk but for one monumental
development from those amendments. The amendment enacted during the 2007 housing crash,
The Emergency Economic Stabilization Act amends the Act, in part, by adding to
the fractional reserve requirements section: "...which may be ZERO."
That means that your "demand" deposits (savings, checking, CDs, etc.) are no
longer such. Your bank no longer is required to have reserves. They can (and have
since) simply tell you "We don't have any cash today, check back in a couple of weeks".
You can't go to FDIC because your bank is not insolvent. Congress passed the
EESA because the banksters told them to, not because the Fed is a government agency.
Sure it does. How'd Lincoln win the war without paying the banksters 26% interest?
Implications notwithstanding, the Legal Tender Act, the Coinage Act, The continental Dollar, Greenbacks, National Bank Notes, Silver Certificates, Gold Certificates, the FRN as well as exchanges with foreign currencies have been a reality since the Founding.
You get this BS from the federal reserve?
For an example, Art. 1, Sec. 8 clause 2: "To borrow Money on the credit of the United States;..."
The US mint, which is under the treasury dept., has nothing to do with that function.
Ending the Fed is an ultimate goal, but to do it suddenly would be catastrophic.
The Constitution gives Congress the mandate to "coin money and regulate the value thereof." (clause 5) Clause 6 adds their power "To provide for the Punishment
of counterfeiting the Securities and current Coin of the United States"
An actual national bank would be the (necessary) clearing house for those functions.
It will be clear from the following points that the Fed is definitely not part of the US Government:
The Fed is not organized within the Executive, Legislative or Judicial branches of our government.
Who pays the Fed's bills and determines its budget? Not any part of our government. The Fed gets its funding from its own specially privileged operations. The Fed Board determines Fed budgets.
Who monitors and oversees Fed activities? Again the Fed itself. While some important elements of proper auditing have taken place, there has not yet been a comprehensive independent audit, by the Government Accountability Office as proposed in a recent letter from Ralph Nader to new Fed Chairman Ben Bernanke, calling for greater monetary transparency.
Federal Reserve Employees are not part of the US Civil Service System and are not covered by government employees' health insurance or pension programs. Who does the hiring and firing? Except for the highly publicized Chairman and 7 member Washington Board, this is in private, unelected hands.
Federal Reserve Banks are not listed as government organizations by the telephone companies, a small but telling fact.
"Ya wanna compare IQs? I bet mine is higher than yours. Jack and Bobby Kennedy
used to copy my answers for the exams at school. I graduated #1 at law school. I
was trained in civil rights activism in black churches. I was elected to the Senate
180 years ago, man..."
Nationalize the FED and wipe its balance sheet to zero. WTF do they need treasury
notes for anyway?
Most every American has no idea that the first and only partial audit of the FED in 108 years
conducted after the subprime housing bubble burst revealed some $16 TRILLION
in disbursements of YOUR MONEY.
For example, Morgan Stanley, the silver naked short manipulator for the globalists,
received $2.4 TRILLION so that they could continue their fraudulent business model.
Start your own company and kick his ass at his own game. This is still a semblance of the USA.
Lab leak my a$$. There were 74 patents filed from 2008 to 2019.
If the capitol police had just sent Pelosi out naked the place would have instantly become a ghost town.
These kids today, I'll tell ya.
Seriously fucking irrelevant.
Game of faggots. No one goes to prison for anything ever. Unless you worked for
Trump, that is. This criminal troll should face capital punishment for AZT, let alone
any more recent deaths by decree.
Relax! The dam is made in China. Is top one, so you not worry.
What the fuck do you mean "may" be worse? It's the end of July, FFS.
Let them eat cake!
Ugh! What parent is so brain dead as to fall for this shit?
I would bring home scraps of hardwood from my cabinet shop.
The kids loved them.
Preachy toys are shit.
The only "Freedom Phone" is NO phone.
We don't want to waste our tax dollars on a bullshit radio station.