I prepared the audio file to listen to while reading the article:
http://friends-n-family-research.inf...rve_System.mp3
http://www.suijuris.net/forum/articl...lic-money.html
The author is convinced you can trade FRNs for USNs at the nearest Federal Reserve Bank - convinced on a literal reading of the law in 1984; possibly there were still some old UN Notes laying around the bank too. Whatever it took to convince the author of the article.
http://www.ustreas.gov/education/faq...al-tender.html
Look carefully at the last paragraph. I have spoken with people who have gone into the Fed Banks to exchange FRNs for USNs and they told me that they were cheerfully given FRNs back in equal value.
http://friends-n-family-research.inf...blic_money.jpg
A suitor in California got his full Refund from the State and he is a State employee.
Quote:
|
Originally Posted by REDCLOUD
....Given the enormous attention given to the income tax, which is explicitly allowed by the Constitution, it is amazing and almost no attention has been given, and the press, the universities, or even the Internet, to the simple fact that the Federal Reserve act of 1913, the banking act of 1933, the government's confiscation of private gold in 1933 and 34, in the present money system and as a whole does not meet even the briefest of constitutional standards.
|
Well said. However that does not make Congress and everybody endorsing FRNs (private credit) criminals. That is because we can engage our finances without endorsement of private credit from the Federal Reserve by handling USNs (public money in the form of FRNs).
http://www.wealth4freedom.com/money/nod.htm
Quote:
"The irs has never tried to collect, it has been over 25 years since I was audited, and then I got a refund. I have a stamp that prints [DEPOSITED FOR CREDIT ON ACCOUNT OR EXCHANGED FOR NON-NEGOTIABLE FEDERAL RESERVE NOTES OF FACE VALUE] when I was audited, I produced the front and back copies of my paychecks to the irs man. He took a break and came back and told me that those checks endorsed that way were not taxable income. I got in a hurry and open signed 3 of my checks, those were the only ones I had that they said they could tax that is the last I heard from them."
|
Regards,
David Merrill.
P.S. REDCLOUD has exposed the other side of that sword:
Quote:
THE CREDIT RIVER DECISION
INTRODUCTION
A Minnesota Trial Court's decision holding the Federal Reserve Act unconstitutional and VOID; holding the National Banking Act unconstitutional and VOID; declaring a mortgage acquired by the First National Bank of Montgomery, Minnesota in the regular course of its business, along with the foreclosure and the sheriff's sale, to be VOID.
|
I agree that the Federal Reserve Act is void but only so far as banking policy goes... There is always recourse to the law, like the article indicates. For the Income Tax to seem so much about income instead of the action of endorsement there has to be something bonding the man or woman -
Government bonds - see attachment, right side, second paragraph. [FDR March 6, 1933] In other words the bank note called Birth Certificate doubles as a warehouse receipt.