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avengeverses (November 30, 1999 at 12:00 am)
Hahahaha "I use to work at Kinko's lol hahaha
soccerballtux (November 30, 1999 at 12:00 am)
there's $300m in lawful money still in existence from 1969 or 1972 or whenever it was that they went off the gold standard but still had $300m of lawful, non-debt-backed currency.
Athiril (November 30, 1999 at 12:00 am)
How can they pay you 0.77 ounces of silver per dollar, when silver is valued at currently 30 dollars per ounce, coming down off the 50 dollar mark spike of 2011, it does show a similar spike to 1980 which fell, like this looks like, but the lowest stable value was $5 US an ounce.
ZaneStachowski (November 30, 1999 at 12:00 am)
Act of June 4, 1963 (31 U.S.C. 405a-1). The Act allowed the exchange of silver certificates for silver bullion until June 24, 1968. This was the deadline set by the Congress. Since that date, there has been no obligation to issue silver in any form in exchange for these certificates.treasury.gov/resource-center/faqs/Currency/Pages/edu_faq_currency_sales.aspx
helias314 (November 30, 1999 at 12:00 am)
In legalese there is a distinction between the terms "legal" and "lawful." Easiest to use a small circle within a large circle view to understand. Picture "lawful" as a large circle. Inside are 2 smaller circles, "legal" and "equitable." A thing can be lawful and not be legal at the same time, as long as it is equitable. Federal Reserve Notes (FRNs), are lawful money in so far as equity is concerned, BUT they are NOT "LEGAL MONEY." That is why they are only "Legal Tender." Tender is not payment.
helias314 (November 30, 1999 at 12:00 am)
Congress, despite their treason, could not force a declaration of "legal money." Thus, Federal Reserve Notes were declared to be only "Legal Tender." By definition FRNs are both Lawful Money and Legal Tender. The critical distinction is, FRNs are NOT "LEGAL MONEY!" By law only gold and silver Coin are Legal Money. Only gold and silver coin can legally PAY a debt. FRNs can only TENDER THE DEBT which is NOT payment rather, a fraudulent discharge in equity.
helias314 (November 30, 1999 at 12:00 am)
In the United States of America... NO DEBT... can be... LEGALLY PAID... in anything "other than gold or silver coin." See: Article I Section 10 of the US Constitution, the Coinage Act of 1792, Bland Allison Act and other later coinage Acts, ALL of which are still the LAW OF THE LAND and have never been amended or repealed by Congress. Congress has been a SELL OUT since 1913 with the (secret) passage of the Federal Reserve Act which violates Article I Section 8, clause 5 of the Constitution.
helias314 (November 30, 1999 at 12:00 am)
Congress placed a moratorium on"PAYMENT OF DEBT" with the passage of HJR 192 on June 5th 1933, which effectively destroyed Common Law on a Federal level. Since 1933 NO debt in the United States has been legally paid. ALL DEBTS, since 1933, have been Tendered, there is NO private property any more. The Federal Government has in form, a lien on all Real Property for your privilege of using Treasury Credit received in exchange for worthless FRN banknotes and chattel mortgages.
helias314 (November 30, 1999 at 12:00 am)
4409 is cool he is on a learning curve but at least he's Walking. federal Reserve Notes are the Registered Bearer Bonds of a private International Banker's Bank. To the extent that they used to be "redeemable in specie" that was repealed many years ago. Richard Nixon signed off into Public Law the demonetization of silver in 1968.."Tender" of a debt, is NOT "payment" of the debt. Since FRNs are no longer redeemable in specie, to cancel a debt with Tender is a fraudulent discharge in equity.
edwinljordan (November 30, 1999 at 12:00 am)
try and do just the other wat arouind. go to the fed reserve and trade the silver for dollars and see how fast they help you. |