posted on Jan, 23 2003 @ 09:11 AM
1) The formation & continuing operation of the Federal Reserve System is Unconstitutional & always has been (Read Article 1, Section 8 of the
Constitution). It's *not* owned/operated by the Federal Government, but an international colition of civilan banking concerns.
2) The FRS is what's responsible for bringing this country (& much of the world itself) into financial hardship by printing more script (they call it
money, but it's not backed by anything other than a (lying) promise) than they can cover with gold reserves. This country doesn't run on gold, trade
or production anymore...It runs on credit. All of this is due to the FRS slowly choking us with debts that were *designed* to be unpayable.
3) When gold was legal for private citizens to own, these banking concerns lobbied the government to remove gold from private hands in this country,
all the while they were shipping it to overseas banks so that they could be immune to the new laws. When the Great Depression hit in the early 20th
century, the banks had no gold to cover the "run on banks" that resulted from The Crash & the government covered up the mess that the banks made.
You may notice that Income Taxes were Unconstitutional until the Great Depression, due to a Presidential "Emergency Act", when it was Ammended into
the Constitution before the "emergency" passed, so now the Income Tax has been with us ever since. That's right...The government legislated an
Amendment that was completely counterdictory to the Constitution itself. It wasn't really the Great Depression that removed the Gold Standard in this
country...It was the greedy banks of the FRS that *moved that gold out of this country* & *lobbied the government* to make private-gold-ownership
illegal* that did it.
4) Since then, we've not been a nation that controls our own money, as outlined in the Constitution, but a nation dependent upon credit from banks.
The FRS prints only the money they need to "loan" out to people (and governments), but they don't print & circulate the money need for their ursary
(ie: Interest rates, which is also Unconstitutional). Therefore, there's *less* script (money) floating around for people to aquire to pay off that
ursary-charge...Therefore, millions of dollars worth of real property (land, autos, earned wages, etc) are confiscated without any Constitutional
backing because so many people can't pay for the FRS's "credit". This is how the FRS has choked the entire nation into such staggering amounts of
debt...For the purpose of having quasi-legal reasons to aquire *real property* from the nation....In a word, greed.
There's a lot more to explain, but I think I've gotten out the "jist" of the main points...Even though this post would probably fit better in the
Website Related Discussion topic, I felt that it had to be posted *here* to put the explanation with the question...
[Edited on 23-1-2003 by MidnightDStroyer]