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Old 08-06-2007, 09:23 PM
Notorial dissent Notorial dissent is offline
Mental Jujitsu
 
Join Date: Aug 2006
Posts: 651
Quote:
Originally Posted by psholtz
(1) What specifically has been held to be "constitutional" about the Federal Reserve? The practice of counterfeiting?
What has been held unconstitutional would be a better question. The Fed was created, authorized, and established by federal statute, and has been declared constitutional and legal by the Supreme and other courts over the years. Certainly, almost 100 years of existence deny any claim to the contrary. Certainly nothing you are addressing here. Counterfeiting implies the unauthorized production of something, please show an example of whatever you are referring to.

(2) Are you trying to say that there is no law forbidding the practice of counterfeiting?
Did you read what I wrote, obviously not.

(3) Why is it a big deal if I counterfeit $$, but it's not a big deal if the Federal Reserve counterfeit's $$? For one thing you are not authorized to produce currency, the Fed is, by law, so it is legal and not counterfeit, and is exactly what it purports to be.


(4) The Federal Reserve does not "mint" money; to my knowledge, it never has. The Federal Reserve counterfeits paper obligations.There are so many things wrong with this statement it is hard to know where to begin.
Your knowledge, oh well, that’s what you get for buying remaindered knowledge. (1)Minting is an inclusive term that can and does refer to the practice of minting coin and producing currency or script, specifically the production of money. (2)One cannot counterfeit what one is authorised and charged to do, so again your statement lacks merit.

Quote:
Originally Posted by mrg
Howso, precisely?
By legislation, the Federal Reserve and Currency statutes primarily.

What "Congress?"
The one that passed the original Federal Reserve Act, 63rd I believe.

They seem to be short quite a few Representatives for one, and have thoroughly trashed the original intent of of the Constitution under color of "Amendment," for another, and have "delegated" their Powers to an executive dictatorship, leaving nothing but a propagandistic rubber stamp, for public relations "and for other purposes."
Nonsense. It was passed through regular channels and was the work of several years starting in 1908, before it ever reached passage. Since both houses had more than a sufficient quorum and a better than majority vote in the house and a majority vote in the senate it was legally passed and your blather is just that, myth and noise.

The "Fed" loans credits to the so called "Treasury" with your own very flesh, blood, bone, sinew and produce pledged as collateral.
More nonsense and myth and boring besides.

Harvesting much of the investment of collateral is done through the threashing machine, and on the killing floor of blood war, some through corporate fascist mechanisms of vicious class warfare, some through penal warehousing of chattel, and speculative investment on the commercial paper generated, etc.
Now you just gibber, but you do do it so well.

Have fun, I only have about thirty years left to serve in this hell hole, and I reckon I am in far better shape metaphysically then you will be for quite a long time.
Right, of course you do poor baby, life is just so awful, my heart just bleeds for you.

Drink the blood they feed you with and enjoy the moment.
And may God have mercy on your soul, for yours is a dark and dismal universe of your own making.
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