Diminished Money Counterclaim

[shikamaru]

Perhaps a lawsuit for fraud could be made against the United States for using the word "dollar" on its notes, when the dollar is defined in federal law as a given weight of gold, and U.S. Notes by law cannot be redeemed for gold?

Actually, a dollar has to do with weight in silver, not gold.

[ManOntheLand]

Actually, a dollar has to do with weight in silver, not gold.

While this was true initially, it is no longer so. On March 14, 1900 the U.S. adopted a gold standard (exclusively) for the dollar.

[shikamaru]

While this was true initially, it is no longer so. On March 14, 1900 the U.S. adopted a gold standard (exclusively) for the dollar.

[ManOntheLand]

Yes and no. Notes may no longer be redeemed for gold. However a dollar is still defined in federal law as a weight of gold. This is why I believe it is fraud for the U.S. to use the word dollar on its notes.

[ManOntheLand]

Interesting to note that 1971 was the year in which FRN's were taken off the gold standard for foreign redeemers of FRN's (of course Americans have not been able to redeem FRN's for gold since 1933).

1971 was also the year the Treasury stopped putting new United States Notes into circulation. Coincidence? I think not. I think U.S. probably knows it would be fraud to use the word dollar on new notes being issued while at the same time refusing to back the "dollar" note by a dollar weight of gold. By stopping circulation of new notes, they technically avoid actual fraud. (I guess).

U.S. Notes already in circulation have acquired some numismatic value due to their relative rarity, so I guess it would be hard to claim damages if you have U.S. notes, as you can probably get more than the face value from a collector or you can use them as currency if you choose.

But this lack of a practical alternative to using FRN's is exactly why a remedy must be provided for you in law. Otherwise you might have a legitimate cause of action in court. And a court case about this stuff would threaten to expose the whole scam. The system legally protects itself by providing a remedy. Then, as a practical matter, the system protects itself from the remedy it was obligated to provide, by trying to keep the populace unaware of the remedy.

[David Merrill]

My theory fits things together nicely. It requires some shifting paradigm and some holographic reflection if you will. The fiat system began on speculation about the gold fields here in Colorado by a rogue Territorial governor.

I have probably posted all the connecting links around here five times already so I will show you this rare video of the interior of a Treasury vault located on the SE Corner of this Golden Rectangle. Territorial Governor GILPIN invented the fiat currency on the SW Corner.

I think the gold in the vault is somewhat representative of the value of the remainder of the $300M US notes remaining in circulation today, most of which I believe are in coin shops and private collections. It is a sort of de jure Fort Knox if you will.

[JohnnyCash]

Actually, I have FRNs, Silver Certificates (from whence my avatar), Gold Certificates, and National Currency in my collection, all with numismatic value.

I don't suppose you have any images of those National Currency notes ... the taxable ones issued after the National banking acts of 1863?

[David Merrill]

I don't suppose you have any images of those National Currency notes ... the taxable ones issued after the National banking acts of 1863?

I can probably find about anything you want to look at here.

[David Merrill]

Here is some Crosstalk about a conversation between a suitor and a federal judge.

[allodial]

nstead of seeing a natural mild deflation as technological advances lead to an increase in the capacity for productivity, which makes our money worth MORE, they have set to artificially increase the supply of money, therefore stealing the gain in purchasing power that the public would have experienced, and giving to the well-connected who have first access to the newly created money.

It seemed rather like salt on a wound to have victims of massive thievery not only forgive but also give thieves the amount they stole so they wouldn't get in trouble for what they stole then on top of that "quantitative easing"..putting out money to further reduce purchasing power of money for the victims--and possibly even failing to put much of anything in circulation at all.

It came to be as rather interesting that U.S. currency are called "bucks" and that "dollars" sounds a lot like 'doula' both words for slaves except that buck was used for males, doula was used for females.

It should be noted that kings were by prescription each a principal conservator of the peace and that it was held in at least one learned legal treatise that a king lacked authority to promote poverty. The laws against oppression, peonage and the like seem to echo this.

[doug555]

Some suggestions regarding the Diminished Money Counterclaim document...

Regarding Cause of Action #1:
IMO, one has not "suffered injury" in-fact until one tenders payment in lawful money and the recipient thereof, as an agent of the US, does not convert said lawful money into FRNs at current spot silver price, and then apply said converted FRN amount to the NAME's account with the recipient, and thereby typically and legitimately leave a substantial credit balance in said account against which future bills can be applied.

If, on the next bill received from said recipient, such a credit balance in not reflected, then, and only then, has one been "injured" in-fact.

One can use one's past 1040 refund(s) honoring said lawful money demands as proof that lawful money was in your bank account and was tendered as payment to said recipient. Of course, your banking records are also considered non-hearsay evidence of same.


Regarding Cause of Action #2:
One cannot "consider their pay to be tendered to them in US Notes". 12 USC 411 only provides for redemption of FRNs, not the issuance of USNs. IMO, all pay is initially FRNs. Thereafter, it is up to each recipient thereof to "demand" the redemption of FRNs upon receipt, which are included annually on an IRS 1040 Form in order for the "trustees" to adjust their accounting accordingly pursuant to the intent of the June 5, 1933 HJR 192 Trust.

Doug

P.S. FYI, I have an alternative claim that has not been tested yet at:
http://usufructremedy.blogspot.com/p...uct-claim.html

More information about this Common Law approach is available at:
http://www.youarelaw.org/key-element...mmon-law-claim
http://www.youarelaw.org/blog
https://www.youtube.com/channel/UC5d...HHxOSdEZhANETw
https://www.facebook.com/pages/Trust...06152556295341
https://plus.google.com/111887705181418285206/posts
https://www.copy.com/s/WSbD4Nzlh6CR/...nkommonlaw.doc

[JohnnyCash]

whatever they're paying you Doug ... is way too not enough.