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Thread: The Four U.S. Dollars, or, The U.S. Dollar’s Relationship to Gold

  1. #11
    Quote Originally Posted by David Merrill View Post
    It seems that in the world it is primarily Americans who value debt.
    And this is the reason why there is no more factory's and manufacturing in the USA any more.
    Once the USA joined the UN it moved into selling FRN's to the world as a valuable commodity.
    In order to be of value to the rest of the worlds countries it needed to have top purchasing power while being stable. Otherwise why hold them?

    When a county is placed in this position and has the highest value currency manufacturing becomes to expensive for other countries to purchase from.
    All the free trade deals means to the USA is that the USA banks can sell their currency and set up shop in foreign jurisdictions.
    USA has nothing else of value that the rest of the counties can afford with out making it them self or purchasing it from another country cheaper then the USA can make it.

    Being the world's leader in selling dollars inc. chocks a society to be the only thing the society has of value to sell. And it is debt based. Go figure.

    Eg. Vancouver BC. real estate is going through the roof and forcing many to leave the city because they can't afford to live there any more.
    Reason being? The dollar is low and China and American buyers are investing heavy in foreign markets.
    When there is a big difference between currency like 20 to 30% (Canada to USA) cross border shopping slows right down from Canadians buying in the US. The majority of the traffic is reversed.
    Americans are taking their most valuable possession being FRN's and investing in foreign jurisdictions.
    How does that help out the average American? It doesn't. Only the rich.

  2. #12
    Quote Originally Posted by David Merrill View Post
    Thank you for posting!!
    Thank you for your reply David. :-)

    I'm trying to engage a community "think/input" process related to more rapidly reducing that portion of our Nation's debt that is currently payable to this foreign/private Federal Reserve system cartel...

    In following the evidence/fact trail related to my two earlier posts:

    1. The Federal Reserve system and their various affiliated member financial institutions function as a foreign and private international banking/credit cartel.

    "Some people think the Federal Reserve Banks are United States government institutions, they are not government institutions, they are private credit monopolies."
    Congressional
    Record, June 10, 1932, p. 12595

    "The Federal Reserve Board, and the Federal Reserve Banks are private Corporations."
    Congressional Record, Jan. 24, 1934, p. 1293

    "Federal reserve banks are not federal instrumentalities for purposes of a Federal Tort Claims Act, but are independent, privately owned and locally controlled corporations in light of
    fact that direct supervision and control of each bank is exercised by a board of directors. Federal reserve banks, though heavily regulated, are locally controlled by their member banks,
    banks are listed neither as "wholly owned" government corporations nor as "mixed ownership" corporations; federal reserve banks receive no appropriated funds from Congress and
    the banks are empowered to sue and be sued in their own names." Lewis v. United States, 680 F.2d. 1239 (1982)

    2. Given Chex's earlier post/youtube link [Thanks Chex! :-)] regarding the foreign/private Federal Reserve cartel's public admission by Allen Greenspan, as their currently sitting Chairman (at that time) that: "Gold is Currency; No fiat currency, including the "dollar" [in U.S. situs based representative note/obligation form, see: Title 18 U.S.C. §8 below], can match it" . . .

    What is a dollar? It's just something artificial we throw out there. What you're doing is you're fooling people into thinking they have purchasing power, when in fact they do
    not. Denis Karnofsky, Chief Economic Advisor, St. Louis, St. Louis Federal Reserve Bank (June 10, 1978)

    The Federal Reserve cartel Admits that "Gold" bullion is the most concentrated specie of tangible value "currency" to their foreign/private Federal Reserve system international banking/credit cartel.

    3. The fact that Gold (and Silver) Coin are Constitutionally compliant (Article 1, Section 10, Clause 1) forms of such [foreign/private Federal Reserve cartel acknowledged/recognized] "currency" of value suitable for the actual payment (extinguishment) of such debts . . . In this Nation, all Constitutionally secured rights and prohibitions stand on their own, and need no further defense!

    The term "dollar" means money, since it is the unit of money in this country, and in the absence of qualifying words, it cannot mean promissory notes or bonds or other evidences of debt.

    The term also refers to specific coins of the value of one dollar.” (27 Ohio Jur pp. 125, 126, §3), United States vs. Van Auken, 96 US 366, 24 L.Ed. 852 [American Jurisprudence, Volume 36, §8

    The Constitutional operating agreement forming the National government decrees that the species of "Gold" and "Silver" bearing Coin are forms of tangible value suitable for paying debts.

    4. Various federal-venue courts + territorial tax court rulings have historically demonstrated that all such Gold (and Silver) bearing Coins (including those various U.S. minted/issued Gold (and Silver) bearing coins) that can be effectively connected with the conduct of a federal-venue insurance/benefit program "covered" trade or business activity performed anywhere in the world - are being valued and assessed by these courts at their precious metal "market value" as though they were "foreign Gold/Silver bearing coins", and as such - are subsequently being excise (benefit/privilege) taxed [by the "collections department" agent (d.b.a. IRS) of their foreign/private Federal Reserve cartel/IMF] for interest payments on the Federal debt according to the current international "market value" of their Gold/Silver precious metal content expressed in the unit symbol of "$" instead of the actual "dollar-unit" value established and authorized by the U.S. Congress that has been affixed by impression upon the face of all such U.S. minted and issued Gold (and Silver) bearing dollar unit coins . . .

    "Resistance to additional income taxes would be even more widespread if people were aware that . . .100 percent of what is collected [in
    income tax] is absorbed solely by interest on the Federal debt . . . .[supra, n. 35] In other words, all individual income tax revenues are gone before one nickel is spent on the services which taxpayers expect from their Government." - J. Peter Grace, “President's Private Sector Survey on Cost Control: A Report to the President,” dated and approved January 12 and 15, 1984

    5. Enforcement of contracts containing "Gold clauses" has been reauthorized by the U.S. Congress since October 1977 (see my previous post of: Title 31 U.S.C. 5118(d)(2) - Gold Clauses and consent to sue)

    6. In light of the fact that checks/drafts are a "medium of exchange" obligation offered by the maker to the payee that expresses a direction in writing to the bank/financial institution for immediate payment of a sum certain in money (as numerically expressed within a box (4 corners rule) shown on the face of the check/draft in units of "$[ ]", or as written out using long-form underlined words expressed in units of "dollars") of my own choosing, and NOT in any specie of the bank/financial institution's own choosing and financial advantage in transacting it . . . shouldn't we be making a very specific demand for payment of the check/draft to be paid in the highest concentration of tangible value specie of U.S. minted and issued dollar-unit Gold Coin possible, like the one described in federal-venue Title 31 U.S.C. §5111(a)(9) - which provides 1/4 troy ounce of Gold for every ten U.S. dollar-units of value?

    "A promissory note cannot properly be equated with a check, since a note, even when payable on demand and fully secured, is still only a promise to pay, whereas a check is a direction to the bank for immediate payment, [and] is a medium of exchange . . ." Williams vs. Comm.of the Internal Revenue Service 429 US 569, L Ed 2d 48, 97 Supreme Ct. 850 (1977)

    By example:
    ************************************************** **
    Payee orders payment specifically made in the specie of lawful money of value
    expressed in
    U.S. minted and issued legal tender Gold bearing Coin in ten dollar-units
    ONLY, as currently authorized in
    Title 31 U.S.C. §5112(a)(9); redeemed at par
    per ch. 6, 38 Stat. 251, Sec. 16 of the Federal Reserve Act of 1913,
    presently
    codified in Title 12 U.S.C. §411.


    By demand: __________________________________________________ ___, Payee
    (transacting absent my accommodation is authorized per U.C.C. 4-205)

    ************************************************** **

    7. Upon all such repudiation/default of the financial institution in paying the check/draft "medium of exchange" instrument according to our written order (like that shown above) - shouldn't we be photocopying such checks/drafts and using them as supporting exhibits in making a demand for immediate set-off and extinguishment of portions of the National Debt that are currently payable to the foreign/private Federal Reserve system cartel, and base the set-off amount on the precious metal "market value" of such repudiated/defaulted on U.S. minted and issued coins now expressed in "$" [because this is what we must now pay the U.S. Mint in FRN's to purchase and acquire such coins] as the basis for our offset/extinguishment? As shown in a previous post - the Federal Reserve system has failed to maintain the purchasing power of their commercial-paper notes, not U.S. - so shouldn't the increased debt offset in "$" reflect their failure?

    The Bureau of Public Debt is responsible for borrowing the money needed to operate the Federal Government and accounting for the resulting debt.
    see: https://www.treasury.gov/about/organ...Pages/bpd.aspx



  3. #13
    Quote Originally Posted by walter View Post
    Once the USA joined the UN it moved into selling FRN's to the world as a valuable commodity.
    In order to be of value to the rest of the worlds countries it needed to have top purchasing power while being stable. Otherwise why hold them?
    Hello Walter, please view the various cites shown on my recent posts in this thread . . .

    The “Federal Reserve” system is a privately held foreign corporation formed by an international banking/credit cartel based out of London, England.

    "Some people think the Federal Reserve Banks are United States government institutions, they are not government institutions, they are private credit monopolies."
    Congressional

    Record, June 10, 1932, p. 12595

    "The Federal Reserve Board, and the Federal Reserve Banks are private Corporations."
    Congressional Record, Jan. 24, 1934, p. 1293


    "Federal reserve banks are not federal instrumentalities for purposes of a Federal Tort Claims Act, but are independent, privately owned and locally controlled corporations in light of

    fact that direct supervision and control of each bank is exercised by a board of directors. Federal reserve banks, though heavily regulated, are locally controlled by their member banks,
    banks are listed neither as "wholly owned" government corporations nor as "mixed ownership" corporations; federal reserve banks receive no appropriated funds from Congress and
    the banks are empowered to sue and be sued in their own names." Lewis v. United States, 680 F.2d. 1239 (1982)

    Although their commercial-paper notes are printed by the Bureau of Engraving and Printing ran by the U.S. federal government, said notes are "issued" by the board of governors of the Federal Reserve banking cartel (See Title 12 USC 411).

    Said notes are the direct liabilities of the various district Federal Reserve district banks issuing them and represent a first and paramount lien on the assets of such banks.

    The said notes are also the indirect "obligations" of the United States (due to the federal-venue treasury notes, bonds, certificates of public indebtedness, etc. used to collateralize their issue).

    The principal cartel members comprising the foreign private “FEDERAL RESERVE” system Central Banks are as follows:

    Rothschild Bank of London, Warburg Bank of Hamburg, Rothschild Bank of Berlin, Lehman Brothers of New York, Lazard Brothers of Paris, Kuhn Loeb Bank of New York,
    Israel Moses Seif Banks of Italy, Goldman, Sachs of New York, Warburg Bank of Amsterdam, Chase Manhattan Bank of New York.

    These same international cartel members are also principal members of the two international commercial arms that were established by the U.N. at the end of WWII for the collection of war debts and loans to developing member nations.

    You presently recognize them as "The International Monetary Fund" (IMF) and "The International Board of Reconstruction and Development" (IBRD)... which most developing countries have grown to HATE being involved with!!!

    You can see how ineffective their intangible "commercial-paper" debt-note system of credit advances made in exchange for principal and interest payments in tangible-value "Gold bullion" based currency is on a world-wide stage . . .

    For a recent example - look at what is presently happening in Europe with their IMF/IBRD backed "Euro" paper currency . . . its purchasing power is gradually diminishing over time as all fiat currencies eventually do . . .

    This erosion of purchasing power is one of the many reasons why the people of Great Britain recently voted in favor of beginning the process to "exit" the European Union. . . BREXIT

  4. #14
    What is the timeline for Britain's involvement with the EU?

    As I recall Britain stayed out of it for many years??

  5. #15
    They did abstain for many years due to the initially small number of member E.U. "states" . . . There were only five.

    Great Britain became a "member state" of the European Union on Jan. 1, 1973.

    Ireland and Denmark also joined Britain in becoming the newest members of the community, bringing the total number of "member states" to nine.

  6. #16
    Quote Originally Posted by David Merrill View Post
    What is the timeline for Britain's involvement with the EU?

    As I recall Britain stayed out of it for many years??
    Something to do with an act to do with European Communities. However a big thing is that it may have only ever been signed by the Prime Minister. There is a substantial number of people asserting along these lines: [1] that UK did not constitutionally become a EU member since the people never voted on the matter.. [3] the Queen failed to intervene adequately and so may have abdicated or perpetrated dereliction of duty..[4] UK courts won't adjudicate the matter and say its a "political matter" (IMHO that probably means they know its a voluntary and territorial jurisdictional matter but don't want to explain that on the record)..[4] the EU'ers tricked/deceived the UK and other countries by turning what was supposed to be a purely economic union into a political union. Nigel Farage is highly knowledgeable about this and has written many books on the EU.



    That is, from analysis the EU membership of the UK may only carry the weight of an executive agreement: TERRITORIAL JURISDICTION ONLY.

    P.S. Its been almost 70 years since 1948.
    Last edited by allodial; 07-05-16 at 04:21 AM.
    All rights reserved. Without prejudice. No liability assumed. No value assured.

    "The object in life is not to be on the side of the majority, but to escape finding oneself in the ranks of the insane." -- Marcus Aurelius
    "It is the glory of God to conceal a thing: but the honour of kings is to search out a matter." Proverbs 25:2
    Prove all things; hold fast that which is good. Thess. 5:21.

  7. #17
    @ American_National,
    you might like to read this for some entertainment.

    http://www.rumormillnews.com/cgi-bin...cgi?read=47937

  8. #18
    Quote Originally Posted by David Merrill View Post
    It seems that in the world it is primarily Americans who value debt.
    There is a growing interest in valuing knowledge & education.. after a year the Congressional Order 101 initiative did not supernova like I had hoped (it's a bit more difficult of a paradigm shift than I has thought it would be), but the critical mass is building. Maybe it has to do with polishing the abstract a bit more:

    CongressionalOrder101.WordPress.com

    I think people will find using debt-free assets much better than debt based assets once they realize there is a viable choice... if only there was enough gold & silver physically in existence on Earth to return to the Gold Standard.. but alas, there is only about 1 oz gold and 12 oz silver per person on Earth. I suppose it could be possible to restate the value of gold by manipulating the weights and measures so that .001 grains of gold = $100 US Dollars or other things people have proposed.. but gold & silver are not the only assets that are fit to be represented by the money supply. Besides, with technological advances, gold & silver are much more useful not being buried in vaults after being mined out of vaults of stone... and if there is any truth to usefulness of something adding to it's value, then the value of gold & silver will change once it is being used for something other than the medium of exchange.

    None the less, like gold & silver being used as the assets to back the currency, measured amounts of knowledge and education are also debt free assets, and lawful money backed by these assets is redeemable with the graduate.

    Truth be told, using knowledge & education as the asset to back currency is better than gold & silver because the currency can be redeemed over and over throughout the life of the graduates.

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    Granted, some people may wonder about the Constitutionality of doing what the CO 101 initiative is proposing:

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    Magnanimously,

    Christopher Theodore of the family of RHODES

    P.S.

    David Merrill, you will have to forgive that I did not make the juxtaposition of lawful money with private credit more obvious in the Abstract and Articles at the CO 101 site (but did make a brief mention in the actual Order. The paradigm shift is already a bit complicated and I didn't want to digress into it too deeply... I did however make it very clear that the assets are going to be accounted for on the general public ledger of the Treasury, not the Federal Reserve Bank... credit on account is far older a form of money than metal tokens representing commodities in the warehouse of a city state... so those who are familiar with lawful money vs private credit should be able to grasp this was stated indirectly.

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  9. #19
    Kindly forgive the size of those InfoGraphics.. they don't post to FB, Google+, and LinkedIn that large... :-D

  10. #20
    It is refreshing to find effective fellow geopolitical biosocial engineering. Thank you for all that work.

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