Public Money by right - direct experiences please!

[mnchicago]

David:

I am appreciative of your efforts and know the difficulty
of keeping a focus on a thread. Reponses are sometimes
from a particular slant/understanding of an issue and may
lead to getting off point.

Your quote:

That and the Constitution do not prohibit government
from borrowing private credit from private bankers.

The Fed, which is a self-proclaimed central bank, issues
currency, or not, at will, with no regard/input from the
president/Congress.

Congress may have a right to borrow, but they are also
mandated to coin money, regulate the value thereof, etc.

Nowhere does the Constitution say that Congress can
cede that constitutional power to a private banking cartel.

This is not to get you off point in your thread.

As to no longer having a right to public money, interesting
thought. Could it be more that "we" are not exercising
that right, and instead are accomodating the Fed by
accepting and using only FRNs?

Who says one cannot still use gold and silver coin? That
right still exists, albeit the number who exercise it is rather
small.

Those who choose to use FRNs are exercising their right
to not use public money. The right has not been lost.
That it can be exercised has been lost.

Just my POV.

[Codee]

Congress did not cead the power to the bank. Congress could just as easily borrow NOTES that I create. I just did not pay them enough at the right time.

[mnchicago]

Thursday 19 October 2006

David:

If the answer is within this thread, I did not see it.
Specifically, what are you calling "public money?"

I may have presumed that money as defined as money
in the United States is "public money." I doubt that many
could answer what United States money is.

Regards,

mn

[David Merrill]

Originally Posted by mnchicago

Thursday 19 October 2006

David:

If the answer is within this thread, I did not see it.
Specifically, what are you calling "public money?"

I may have presumed that money as defined as money
in the United States is "public money." I doubt that many
could answer what United States money is.

Regards,

mn

United States Notes are public money. Maybe you will see the video yet...

Colorado is where it began with the territorial governor Gilpin. He issued notes that were honored and then the government, upon finally honoring those notes began legalizing US Notes for money; which they were as long as they could be redeemed in substance.

Nowadays the substance for FRNs and USNs is "Government bonds" in the form of endorsement at the bank window. These are generally measured in "paper gold" - SDRs (Special Drawing Rights).



Regards,

David Merrill.

[Levi Philos]

Does anyone have the material Kevin Hines puts out on the subject of the disclaimer stamp?

http://www.tapesite.com/index10.htm

Scroll down to item #5

Home page: http://www.tapesite.com/index.html
These pages are not well inter-linked; just bumble around and locate by smell or something.

[David Merrill]

Originally Posted by Levi Philos

Does anyone have the material Kevin Hines puts out on the subject of the disclaimer stamp?

http://www.tapesite.com/index10.htm

Scroll down to item #5

Home page: http://www.tapesite.com/index.html
These pages are not well inter-linked; just bumble around and locate by smell or something.

Very interesting!

However I never cash checks so I have not stamp and do not find it worth $30 or $45 to explore this academically.

But that sort of thing is exactly what I started this thread for. So I hope other members will get the information and if it is worth sharing, please do.


Regards,

David Merrill.

[David Merrill]

Originally Posted by mystic one

if that be the case, then david is a certified genius... I bet he has an IQ of 180 .

Checkmate...

http://www.aishfiles.com/podcast/Pli...et(2.5min).mp3

[mrg]

Originally Posted by David Merrill

http://www.aishfiles.com/podcast/Pli...et(2.5min).mp3

Amazing when one can learn something of profoundly enduring value in less than one minute, and spend 10 years in a university and learn much less than he just learned in that one minute.

Thanks.

[fulltitle]

Without Prejudice.
Just because U.S. notes aren't in circulation it doesnt mean they or the value thereof aren't in reserve up to the $300M statutory limitation. I think we can work with that.

[David Merrill]

Originally Posted by fulltitle

Without Prejudice.
Just because U.S. notes aren't in circulation it doesnt mean they or the value thereof aren't in reserve up to the $300M statutory limitation. I think we can work with that.

Mathematically speaking, the other possibility mentioned in the article is that one must try the transaction with $100 bills? I have heard people tell of trying to exchange FRNs for USNs and failing but was under the impression they were trying it with $20 bills...

I think it was 2501 mentioning the judges are bankers en banc! (see attachment)



Regards,

David Merrill.