“In the event that People in america previously succeed banking institutions to control the issue of the money, earliest of the rising prices after which by deflation, financial institutions commonly deprive the individuals of all the property up until their children tend to 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 pay their debts, at Law, or to be paid off, at Law.
Seller 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 Propers 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 in the fee 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 of debt 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”.
From the process regarding Domestic Combined Resolution Zero. 192, some one, and States, had been forced to “create characteristics”, under control, not to ever shell out (no-one you can expect to “pay” any longer as there is actually no real money that so you’re able to “pay”), however, so you can “release obligations” to spend.
Indeed a bank, normally “create” 20 dollars for each and every one to your put, give these to your, assemble the principle and you can attention after which only develop the cash to nonexistence
What is actually called “fractional set-aside financial”, that have irredeemable paper, produces multiple means abreast of a familiar material. Which is, banking institutions can also be material or do “money” simply by making good ledger admission. Such newly written cash (ledger records) is “backed” because of the exact same couple dollars currently stored on the deposit. Put another way, you are pushed in the point of your Sheriff’s gun to pay for something which was developed of nothing – plus notice. Having numerous requires, nobody is able to ever before meet most of the their states no one to normally ever “pay” in the Laws into the substance, that’s, that have Fundamental Silver Cash, but instead, are only able to “manage characteristics” given that proof their desire to “discharge the obligation to expend”. Commission, as a result, are ergo forever put off; that only pledges new fee.
