FED FACTS

 


 

There is no oath of office for the 'Secretary of Treasury'

Secretary of treasury was a (presidential) cabinet level position

The independent treasury was created in 1920

1921, the United States abolished the U.S. Treasury.
This allowed money in the private
Federal Reserve banks to be kept separate from Federal Reserve Notes (trust funds)

 

Section 16 of the Federal Reserve Act, declares that 'federal reserve notes' are 'obligations of the United States.'

 

$1.3 billion in U.S. gold was 'pledged' against 'gold certificates'

The gold certificates held by U.S. as reserves against the fed’s circulating notes

The gold certificates were withdrawn and retired

The gold then considered as 'free gold' was paid out to foreign Bankers

Paid out at $35 per ounce when the world market price was $120 per ounce

 

March 9, 1933, the u.s. declared bankruptcy,
as expressed in president Franklin Delano Roosevelt's
Executive orders 6073, 6102, 6111, and 6260.

 

President Roosevelt declared a national emergency that made it unlawful for any citizen of the U.S. to own gold. Our bankrupt nation went into receivership and reorganized in favor of it's creditor and new owners, a private corporation of international bankers.

 

We were placed under UCC code of laws for all laws concerning money

This is limited liability for payment of debt under the jurisdiction of vice admiralty/maritime law (the law merchant/commercial jurisdiction, UCC) in all controversies. Under the law, merchant, you have no rights (constitution does not apply).

 

June 5, 1933, congress passed HJR-192.

house joint resolution 192 was passed to suspend the gold standard and abrogate the gold clause in the national constitution. Since then no one in America has been able to lawfully pay a debt or lawfully own anything

 

HRJ-192 declared:
[.......
..whereas the holding or dealing in gold affect the public interest, and are therefore subject to proper regulation and restriction: and whereas the existing emergency has disclosed that provisions of obligations which purport to give the obligee a right to require payment in gold or a particular kind of coin or currency....are inconsistent with the declared policy of congress in the payment of debts...........payment in gold or a particular kind of coin or currency, or in an amount in money of the united states measured thereby, is declared to be against public policy:.........and...........every obligation, heretofore or hereafter incurred, shall be discharged upon payment, dollar for dollar…….. heretofore, or hereafter, coined or issued, shall be legal tender for all debts, public and private, public charges, taxes, duties, & dues,....]

 

NOTE: "payment of debt" is now against congressional and "public policy" and henceforth, "every obligation...shall be discharged."


Inscriptions on
Federal Reserve Notes 1913 .............to............ 1934
"redeemable in gold on demand at the united states treasury or in lawful money, at any federal reserve bank." & "will pay to the bearer on demand one dollar."

 

Inscriptions on Federal Reserve Notes 1934 ..............to.............. 1968
"this note is legal tender for all debts public and private and is redeemable in lawful money at the united states treasury, or any federal reserve bank."
"will pay to the bearer on demand one dollar."

 

Inscriptions on Federal Reserve Notes 1968 ...............to............... 1995
"this note is legal tender for all debts, public and private"
there is no promise to pay, nor is a note a dollar

 

In the "depression" the bankers took possession of hundreds of thousands of farms, homes, and business properties.

 

The Process

[The federal government, having spent more than it has taken from its citizens in taxes, needs, for the sake of illustration, $1,000,000,000

 

Since it does not have the money, and congress has given away its authority to "create" it, the government must go to the "bankers" for the $1 billion.

 

The bankers are willing to deliver $1,000,000,000 in credit with interest

 

Congress authorizes the treasury department to print $1,000,000,000 in U.S. bonds, which are then delivered to the federal reserve bankers.

 

The Federal Reserve then pays the cost of printing the $1 billion (about $1,000)

 

under this unholy system, those united states bonds have, now, become "assets" of the banks, in the reserve system, which they, then, use as "reserves" to "create" more "credit" to lend

 

The Federal Reserve uses that $1 billion, in bonds, to "create" as much as $15 billion, in new "credit", to lend to states, to individuals and businesses]


The FEDs have never been audited by an independent source. (
Federal Reserve audits itself)
 
The only control our GOV. has is in the selection of the FED
board members

 

The Board of Governors administers the system & has 7 members

 

Each appointed by the president of the united states to a 14 year term

 

The majority are members of the Council on Foreign Relations (CFR)

 

Details