All outstanding United States Notes, which were issued in denominations of $1, $2, $5, $10, $20, $50, $100, $500, and $1,000, may be redeemed at face value by the U.S. Treasury Department. Payment would be made in the form of a Treasury check
US Notes are redeemable
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Welcome David Neil;
Safeway will also exchange your US Notes for face value, in trade for groceries. That is an interesting link to ponder.
You may have spotted already that Congress renaming (bundling) US notes into United States Currency Notes in order to revise Title 31 into positive law is where the dishonesty occurred. In that action ( - Notes) is where non-reserve currency (US notes) were pegged to the reserve currency (FRN's).
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"At noon on the 4th of March, 1933, FDR with his hand on the Bible, took an oath to preserve, protect and defend the Constitution of the U.S. At midnight on the 5th of March, 1933, he confiscated the property of American citizens. He took the currency of the United States standard of value. He repudiated the internal debt of the Government to its own citizens. He destroyed the value of the American dollar. He released, or endeavored to release, the Fed from their contractual liability to redeem Fed currency in gold or lawful money on a parity with gold. He depreciated the value of the national currency. http://www.criminalgovernment.com/do.../mcfadden.html
"Mr. Chairman, the gold in the banks of this country belongs to the American people who have paper money contracts for it in the form of national currency. If the Fed cannot keep their contracts with United States citizens to redeem their paper money in gold, or lawful money, then the Fed must be taken over by the United States Government and their officers must be put on trial.
I'm starting to believe Congressman Louis T. McFadden wrote this law.Last edited by Chex; 02-20-14, 05:43 PM."And if I could I surely would Stand on the rock that Moses stood"
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Supplemented with Ritz crackers Wheat Flour, Vegetable Oil, Sugar, Raising Agents, Ammonium and Sodium Bicarbonates, Disodium Diphosphate, Salt, Glucose Syrup, barley Malt Flour (mash ingredients _ ?).
You will be charged $10, what a rip off. I saw a sale for Ritz crackers 2 boxes for $5. Where does the school board shop at?
Is this note redeemable? Is a great question."And if I could I surely would Stand on the rock that Moses stood"
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Gold is the stuff myths are made of. "What we have found in our work is that a broad basket of commodities is a better hedge against inflation, a greater diversification and a better hedge against the dollar," gold doesn't offer a stake in a business's results, It doesn't pay dividends or interest. Gold soared in the 1970s amid oil crises.Originally posted by David Merrill View PostSafeway will also exchange your US Notes for face value, in trade for groceries. That is an interesting link to ponder.
You may have spotted already that Congress renaming (bundling) US notes into United States Currency Notes in order to revise Title 31 into positive law is where the dishonesty occurred. In that action ( - Notes) is where non-reserve currency (US notes) were pegged to the reserve currency (FRN's).
Michael Cuggino, its president, says gold wasn't the only reason for redemptions; investors have fled bonds and other conservative investments. Some money has returned to his fund since gold began recovering in December.
Still, "when people got concerned about gold in the second quarter of last year, there were more redemptions than previously," he said. He is optimistic about gold but sees the mentality shifting. Investors, he said, are more concerned about returns than protection.
One reason for gold's recent rebound is demand in China and India, where economic worries have risen. http://finance.yahoo.com/news/word-w...081900233.html
Oil, gold and commodities have all been priced in US dollars since 1975 when OPEC officially agreed to sell its oil exclusively for US dollars.
From 1944 until 1971, US dollars were convertible into gold by central banks in order to adjust for any trade imbalances between countries. Up to that point, the price of gold was fixed at US$35 per ounce, and the price of oil was relatively stable at about US$3.00 per barrel.
Once the US ceased gold convertibility in 1971, OPEC producers were forced to convert their excess US dollars by purchasing gold in the marketplace. This resulted in price increases for both oil and gold, until eventually oil reached US$40 per barrel and gold reached US$850 per ounce.
Today, apart from geopolitical threats in oil-producing regions, supply/demand imbalances from Peak Oil and increasing demand from developing countries, the price of both gold and oil can be expected to increase as the US dollar declines.
What is the American dollar based on? I would just like to have an unbiased answer to my question thank you.
There is no backing for the dollar, or any other modern currency. The value of money in the modern world is based on the belief that it has value. This may seem strange but consider that your bank account doesn't contain any actual money, it is just a number that the bank keeps in a computer file. Trillions of dollars, Euros, Yen etc. exist as nothing more than computer records. - milton b
The American dollar is what is called fiat currency and is backed by the full faith and credit of the United States. The currency is essentially a loan from the Federal Reserve, so each dollar comes with a small amount of debt attached. - Archie B.Last edited by Chex; 02-24-14, 02:40 PM."And if I could I surely would Stand on the rock that Moses stood"
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What is lawful money? How is it different from legal tender?
"Lawful money" is a term used in the Federal Reserve Act, the act that authorizes the Board of Governors of the Federal Reserve System to issue Federal Reserve notes. The Act states that Federal Reserve notes "shall be obligations of the United States and shall be receivable by all national and member banks and Federal reserve banks and for all taxes, customs, and other public dues. They shall be redeemed in lawful money on demand at the Treasury Department of the United States, in the city of Washington, District of Columbia, or at any Federal Reserve bank." The Act did not, however, define the term "lawful money," but up until 1913, the only currency issued by the United States that was legally recognized as "lawful money" was various issues of "demand notes" (subsequently known as "old demand notes") and "United States notes" authorized by Congress during the Civil War.
At the time, some currency was not considered legal tender, although it could be used by national banking associations as "lawful money reserves." Thus, the term "lawful money" had a broader meaning than the term "legal tender."
In 1933, Congress changed the law so that all U.S. coins and currency (including Federal Reserve notes), regardless of when issued, constitutes "legal tender" for all purposes. Federal and state courts since then have repeatedly held that Federal Reserve notes are also "lawful money." Milam v. U.S., 524 F.2d 629 (9th Cir. 1974), is typical of the federal and state court cases holding that Federal Reserve notes are "lawful money." In Milam, the United States Court of Appeals for the Ninth Circuit reviewed a judgment denying relief to an individual who sought to redeem a $50 Federal Reserve Bank Note in "lawful money." The United States tendered Milam $50 in Federal Reserve notes, but Milam refused the notes, asserting that "lawful money" must be gold or silver. The Ninth Circuit, noting that this matter had been put to rest by the U.S. Supreme Court nearly a century before in the Legal Tender Cases (Juilliard v. Greenman), 110 U.S. 421 (1884), rejected this assertion as frivolous and affirmed the judgment.
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Do not look to 'case law', or 'code' or 'statutes' as the basis of your claim to be upon 'lawful money' as defined being absent elasticity and absent being designated as a 'reserve currency'.
As man, you have an inherent right to conduct yourself, and your affairs, absent the abomination of false balances and unjust weights and measures. Declare thyself and make your claim as man; and, if another man wishes to challenge your claim, let said man come forward and verify (in living voice) on and for the record, with full liability under oath or affirmation, that your claim is false.
Who do you believe will step forward and make such a claim against you?
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I don't mean to be rude, but if you are basing this statement on the legal tender cases then you need to read them again! And again and again until you get it thru your head that LEGAL TENDER is a LONGGGGGGGGGGGGGG way from Lawful Money!Originally posted by Keith Alan View PostSeems pretty clear: FRN are lawful money.
But alas I do understand that it is very confusing and it takes time to parse out the subtil distinctions. The water is muddy for a REASON. And what SEEMS clear to one seems ridiculous to another! So perhaps you should state WHY it seems clear. So as not to provide confusion.
There are many clowns out there who just love to cast dispersions upon a good work - and as for my part - I will not abide a gainsayer.
Lawyers are WORDSMITHS - and LET ME BE BLUNT - Americans are so dumbed down that few can even dissect a sentence anymore. Lawful can be a Noun or an Adjective. To say that money is Lawful is to describe its USE. To say they can be redeemed into "LAWFUL MONEY" [a compound noun] is to determine its nature!
A FRN or a USN in the form of a FRN are both a legal tender! But one is a promissory note and the other is money! NOW SHARPEN UP FOR A MINUTE: both are Lawful to Use in the United States!
Did you catch it? I hope that you did! Like I said I will not abide confusion and I abhor a gainsayer! Especially a whining gainsayer! Some men are "can do" and others just can't seem to figure it out.
Now one more thing! I have noticed a number of complainers lately WHINING and opining about their miserable condition. They say if its the law then why can't we do it? What poor miserable little babies! Perhaps they should return back home to mama - to the security of the womb!
Let us now move off of the MILK shall we?
Understand that you are working with men and women! This is KEY. You can't just go in and shove the Law in a Clerks face and think you will succeed. THAT IS ABSURD. I mean think about it. Most people - even college grads - really have the education of a young child. Do you catch my meaning? What is coming out of college these days is PATHETIC. Now consider a clerk. Do you think a clerk has been to even a community college, a technical college? I will wager you are dealing with a high school grad or less!
And do you think that one is just doing their job AS THEY HAVE BEEN TAUGHT? Do you suppose that they might get a bit conservative when you come in spouting your fancy laws that they have no idea of what you speak? And now you expect one who is operating in FEAR OF LOSING THEIR JOB to give you what you want just because you spout off a couple of fancy law terms?
IT AIN'T GONNA HAPPEN. Trust must first be developed! And that takes time! But once it is establish and a good name [reputation] is set forth, THEN you will be able to do things that the gainsayer just cannot believe.
You must give the teller PERMISSION thru your CONFIDENCE. And noticing that this is just "business as usual" for you - you set the Teller at ease. If you come in asking permission - I can guarantee the answer will ALWAYS BE NO. What?, you gonna ask a flunkie who can barely read to understand? HAVE YOU LOST YOUR MIND? COME ON people THINK.
Have you ever been to court? You must show the Judge that he CAN rule in your favor! What you gonna rely on his ability when your estate is on the line? This is the way of the Superior man and those who "can do". Everyone else can just get in the back of the bus.
What I mean is: IF YOU THINK YOU CAN'T, THEN YOU CAN'T.
I am REDEEMED in CHRIST. I am a Co-Heir and I act like it! My trust is implied and express and declared! My status is not unknown. Therefore my ESTATE is sure!
IT SEEMS does not cut the mustard with me! Can we move on now off the Milk? I can guarantee that those who FEAR will not enter the Kingdom of God! So FEAR NOT. If you believe you can, then you can!
See how that works? The battle is not before the clerk or with the clerk! The battle is in your mind! Are you a winner or a loser? Only you can know! When you make up your mind do you need another man to VALIDATE or CONFIRM your decision? How long until men take full liability and responsibility for themselves?
Now for the TRILLION DOLLAR question. IF YEHOSHUAH PAID ALL DEBTS, where does money come from? Consider before you answer!
I close with:
Heb 3:6 But Christ as Son over His ... house; Whose house are we, if we retain the assurance and the rejoicing of the hope steadfast unto the end.
MJ comment: did you catch that HUGE word IF? It is conditional!
Heb 3:7 Wherefore (as THE Holy Spirit saith, Today if ye should hear His voice,
Heb 3:8 Harden not your hearts, as in the provocation, according to the day of temptation in the wilderness:
Heb 3:9 When your fathers tempted Me, by testingMe, and saw My works forty years.
Heb 3:10 Wherefore I was grieved with this race, and said, They do alway err in their heart; and they knew not My ways.
Heb 3:11 So I sware in My wrath, They shall not enter into My rest.)
MJ's comment: For SHE, El Shaddai, is a Tree of Life. She provides Shadow. The bramble bush [state] can't do it friend!
Psa 91:1 He that dwelleth in the secret place of the MOST HIGH Shall abide under the shadow of THE ALMIGHTY.
Psa 91:2 I will say of the LORD, "He is my refuge and my fortress: My God; in Him will I trust.
MJ's comment: It is a simple thing for the Most High El to kick the obstacles out of your path! You MUST learn that we have to work with other men and women and as such we cannot rely on plain logic and law. Ego's, Pride, Fear and Greed ALL come into this drama and we are mere actors.
I make a demand for Lawful Money BECAUSE "I am my brothers keeper".
Shabbat Shalom,
Michael JosephLast edited by Michael Joseph; 03-01-14, 03:00 AM.The blessing is in the hand of the doer. Faith absent deeds is dead.
Lawful Money Trust Website
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ONE man or woman can make a difference!
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Apparently, my remark isn't accepted. I think that's pretty interesting, given that I agreed with the courts, and that what makes FRN lawful as money is the offer and acceptance when they are tendered.Originally posted by Keith Alan View PostSeems pretty clear: FRN are lawful money.
So my remark takes on the same nature as FRN - it's lawful if accepted.
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