[e-gold-list] The US Fed Dances
Subject: The US Fed Dances From: James Turk [EMAIL PROTECTED] Date: Thu, 04 Oct 2001 10:14:42 -0400 X-Message-Number: 3 Ref re FRB gold payment: I paraphased Murray Rothbard. The Case against the Fed. Hr stated, page 139,While Fed liabilities are no longer redeemable in gold, the Fed safeguards its gold by depositing it in the treasury, which issues gold-certificates guaranteed to be backed by no less than 100% in gold bullion buried in Fort Knox and other treasury depositories. RE NESARA and, sub point, one of their actions, the US Treasury Credit-Notes it proposes as currency are unconstitutional. Yes, NESARA is heav handed and does promote more government involvement than less. Finally, re 'unconstitutional', Congress legislating the Fed and allowing them to do as they have done is 'unconstitutional.' American has for too long assumed that unconstitutional legislation is legal and it is not. Any thing that the U.S. Constitution states IS a responsibility of the US government can not be legislated away, but requires an AMENDMENT. That process is much more odorious and difficult. Congress can not use legislation to change the Constitution, but to implement it. The Constitution can only be amended. (An example was Proabition, when they 'amended' the Constitution to make it so. Then after it failed, they had to Amend the Constitution again. The War on Drugs is unconstitutional and has been, but many things are done that way now, under the creative Progressives from the Roosevelt onward, democrat or republican, don't do anything under the Rule of Law, but only Political Law.) IMHO, Noël --- You are currently subscribed to e-gold-list as: archive@jab.org To unsubscribe send a blank email to [EMAIL PROTECTED] Did you know that e-metal is a wonderful holiday gift? Avoid the hassle this year!
[e-gold-list] The US Fed Dances
Noel wrote: But, here is the point, the Federal Reserve Banks have a singed agreement that, if the U.S. government defaults on any payments to them, that the gold in Fort Knox and elsewhere is forfeited and must be paid at the offical rate and given in payment. Can you provide a reference for this signed agreement? I've done a lot of research over the years and found nothing in the public record. The only evidence that I can find are the US Treasury Gold Certificates owned by the Federal Reserve, which on their face obligate the US Treasury to pay 261 million ounces of gold (i.e., the entire US Gold Reserve) to the Federal Reserve. But the Treasury could always default on these Certificates and refuse to pay gold. Given that possession is 9/10ths of the law and that 248 million ounces of the 261 million ounces of the US Gold Reserve are in Treasury vaults according to Treasury records http://www.fms.treas.gov/gold/01-06.html (the 13 million balance is in the vault of the FRB of NY), then the Treasury appears to have the upper hand. Therefore, I would be very interested in learning more about and reading any other agreements that may exist. BTW I am in complete agreement with the rest of your observations. My only comment is that the solutions in 'Crashmaker' are different and more all-encompassing than those in Rothbard. I first read about NESARA a few years ago, and don't agree with it for two reasons: 1) the US Treasury Credit-Notes it proposes as currency are unconstitutional (these are a different name for 'bills of credit', which the Founding Fathers abhorred and outlawed in the Constitution). 2) NESARA proposes more government involvement in the monetary process, when what we need is less. James www.GoldMoney.com --- You are currently subscribed to e-gold-list as: archive@jab.org To unsubscribe send a blank email to [EMAIL PROTECTED] Did you know that e-metal is a wonderful holiday gift? Avoid the hassle this year!
[e-gold-list] The US Fed Dances
Subject: The US Fed Dances From: James Turk [EMAIL PROTECTED] Date: Wed, 03 Oct 2001 09:44:45 -0400 The price of gold, the creation of the FRB and the well being of the U.S. economy and that of the world are directly related and e-gold is an emerging idea, reality and the worm that just might eat the heart out of the fiat money and central banking system of credit based on fiat money. The 16th Amendment and the creation of the FRB in 1913 may be the most sinister acts taken again America, more devastating than any terrorist acts by any person, group or thing and more damaging than AIDs or any biological agent. Anyway, CRA$HMAKER is the novel, bar none, on the intertwining nature of power, politics, control of money and much more, woven into an exciting novel of intrigue, a course in economics, banking and money. The best and clearest exposition on money and banking, IMHO, are two different books, written by Murray N. Rothbard. He was an Austrian Economist, who became the man who wrote the Libertarian Party position on central banking and money policy used by Harry Browne and the party since around 1985, I guess. The titles are The Case Against the Fed and What has the Government done to our money? Each about 150 pages, written to be understood, exlains the game afoot. In The first one, he does give a solution for addressing the situation. An aside, Murray was the first one that I read, but I have now read it in additional sourcing, that makes the point that the dollar is NOT a federal reserve note. A DOLAR is a unit of measurement, defined in a very specific amount of gold or silver.(Also, See MONRY, by Ewart) That the FRN is not even a note, as it lacks the four criteria to be a legal note. It is a chit, a token, nothing more. More to the point I wanted to make. Is it not funny, Murray points out, that you can not take a FRN and exchange it for any thing other than another FRN? As all of you are aware, the backing of any gold and your being able to get it exists no longer. But, here is the point, the Federal Reserve Banks have a singed agreement that, if the U.S. government defaults on any payments to them, that the gold in Fort Knox and elsewhere is forfeited and must be paid at the offical rate and given in payment. So subtle and down right dishonest. the users of the FRS can no longer exchange the fiat money for gold or silver, but the federal reserve banks, get gold if the U.S. government ever defaults in any outstanding debts to them! NESARA.com has a viable solution. Murray has another. Both suggest the defanging of the FRS and returning the monetary systeme to some sembalance of that defined by the U.S. Constitution, something the government and the FED have ignored. As it stands, the FRS is unconstitutional and it would take an AMENDMENT to enact such a creature, but, as with so much in the 20th century, the government and the people ignored the Constitution and let legislators enact any and all things wanted; to hell with what the Constitution says. Create a FRS by legislation, even though the Constitution specifically states otherwise. Call the FRN a 'dollar' over time, even though the dollar is a unit of measure and means exactly what it was defined to be, but not means something else to those who refuse to know the history of their own country. Verbicide, so it is called by Ewart in MONEY. In about 1890, Oliver Wendell Holmes, MD, father of USSC Holmes appointed by President Theodore (Teddy) Roosevelt, penned The Autocrat of the Breakfast Table, a humorous sketch of his perceptions of life and people. Dr. Holmes wrote: What are the great faults of conversation? Want goof ideas, wants of words, want of manners, are the principle ones, I suppose you to think. I don't doubt it, but I will tell you what I have found spoil more good talks than anything else; long arguments on special points between people who differ on the fundamental principles on which these points depend. No men can have satisfactory relations with each other until they have agreed on certain ultima of belief not to be disturbed in ordinary conversation, and unless they have sense enough to trace the secondary questions depending upon these ultimate beliefs to their source. In short, just as a written constitution is essential to the best of social order, so a code of finalities is a necessary condition of profitable talk between two persons. Later he wrote: Let me lay down the law upon the subject. Life and language are alike sacred. Homicide and verbicide---that is, violent treatment of a word with fatal results to its legitimate meaning, which is its life---are alike forbidden Finally, he wrote: The great moralists says: 'To trifle with the vocabulary which is the vehicle of intercourse is to tamper with the currency of the human intelligence.' The infection spread to the national conscious. Political double-dealings naturally grew out of verbal double meanings. Gold and a free econmy are
[e-gold-list] The US Fed Dances
Subject: Re: The US Fed Dances From: David Brooks [EMAIL PROTECTED] Date: Tue, 2 Oct 2001 17:01:16 -0400 X-Message-Number: 17 The most probable and well thought out bill being pushed is the one at www.NASARA.com. Check out there site and read their ideas on this and how they are going about it. I have communicated with the author of Pieces of Eight, now out of print and considered by many as one of the top books on money and he feels NASARA lacks constitutional validity. In any case, NASARA does go a long way to desolving the FED and the IRS as they exist and would represent a quantum leap forward and/or back toward a non-fiat based money system that would return the majority of the control back to the invisible hand, taking it out of the governments bag of tricks against the people. Noël --- You are currently subscribed to e-gold-list as: archive@jab.org To unsubscribe send a blank email to [EMAIL PROTECTED] Did you know that e-metal is a wonderful holiday gift? Avoid the hassle this year!
[e-gold-list] The US Fed Dances
SnowDog wrote Q: How would you go about abolishing the Federal Reserve? Almost all USD in circulation are debts to the Federal Reserve. How would you replace this debt-backed currency with an other type? It is exactly this question that is addressed in a wonderful new book just published called Crashmaker. I've written a review on Crashmaker for my newsletter, and I've posted this review to my website, http://www.fgmr.com/crashmkr.htm I highly recommend this book because of its detailed and accurate analysis of how the big banks and big money control what goes on in Washington D.C. For this reason, anyone who wants to better understand the true inner workings of the 'Wall Street, US Treasury Axis' will find this book informative, enlightening and a pleasure to read. I also recommend that this is a book that you will want to purchase for everyone in your family, particularly children and grandchildren so that they can learn how the unconstitutional monetary system brought about by the creation of the Federal Reserve is destroying American freedoms, and importantly, what we can all do about it, including how to go about getting rid of the Federal Reserve without destroying the economy in making the transition from paper money back to sound money. Because of the controversial nature of this book, it cannot be ordered through normal outlets. So it has to be purchased directly from the publisher, which is explained in my review. James www.GoldMoney.com --- You are currently subscribed to e-gold-list as: archive@jab.org To unsubscribe send a blank email to [EMAIL PROTECTED] Did you know that e-metal is a wonderful holiday gift? Avoid the hassle this year!
[e-gold-list] The US Fed Dances
http://www.bananagold.com/bob.html --- You are currently subscribed to e-gold-list as: archive@jab.org To unsubscribe send a blank email to [EMAIL PROTECTED] Did you know that e-metal is a wonderful holiday gift? Avoid the hassle this year!
