The Federal Reserve Note is Unconstitutional!

When Congress passed the Federal Reserve Act and President Woodrow Wilson signed it in 1913 they acted in gross violation of our Constitution. Article I, Section 8 of our Constitution states:

"The Congress shall have Power......To coin Money, regulate the Value thereof, and of foreign Coin, and fix the Standard of Weights and Measures;"

Article I, Section 10 states:

No State shall.... coin Money; emit Bills of Credit; make any Thing but gold and silver Coin a Tender in Payment of Debts;"

It is the obvious intent of those who wrote our Constitution that only gold and silver should be used as the standard of value of our money. Substituting Federal Reserve Notes for US money is obviously unconstitutional because the Federal Reserve dollar has no standard of value tied to Gold or Silver. The Federal Reserve is NOT part of our government. It is a privately owned banking system. The last time the government Constitutionally established the value of a US dollar, they established it as being worth approximately a twentieth of an ounce of Gold. In other words, twenty dollars are worth approximately an ounce of gold. A twenty-dollar gold piece contains approximately an ounce of gold. The Silver Dollar contains Approximately an ounce of Silver, establishing the value of a dollar as 1 ounce of silver. In other words, Constitutionally, legally, a US dollar is worth approximately a twentieth of an ounce of gold or approximately an ounce of silver. We might say that Congress established that gold is worth approximately 20 times as much as silver. As of this writing, gold is worth over 50 times as much money as silver is in Federal Reserve dollars. If you are going to invest in precious metals as a hedge against what is happening to the Federal Reserve dollar, silver is a much better buy than gold.

You can buy gold at approximately eight hundred and thirty-five dollars an ounce in the Federal Reserve dollars that we are forced to use. (Value of gold in Federal Reserve dollars when this is being written.) That means that, while a US dollar is worth approximately a twentieth of an ounce of gold, a Federal Reserve dollar is worth only an eight hundred and thirty fifth of an ounce of gold and is falling constantly. The US dollar is now worth more than 40 times as much as a Federal Reserve dollar. The US dollar is maintaining it's value in either gold or silver while inflation is wiping out the value of the Federal Reserve dollars that we are forced to use, costing us severely.

Who benefits from the use of Federal Reserve money? The private bankers who own the Federal Reserve benefit. We pay by being forced into paying a higher rate of income tax as the value of our paychecks goes down. You are the victim of a great lie, perpetrated by the banking industry.

You might consider having your employer pay you in US gold coins and take a pay cut of 97.5 percent, or a fortieth of what you are earning in Federal Reserve dollars now. You would be paid just as much in real value. Your pay would not decrease with the deflation of the value of Federal Reserve dollars. An employer in Las Vegas, Robert Kahre, was paying his employees in exactly that way. The IRS brought tax charges against him and several of his employees because according to the tables using the face value of the money he was paying them, he did not have to take any money out of their paychecks. Using the tax tables and the face value of the US coins, the employees did not have to pay any income tax. On September 17, 2007, a jury acquitted the defendants on some of the charges and hung on other charges forcing a mistrial. They were NOT convicted on any of the tax charges that the IRS brought against them because you are not forced to calculate your income tax based on the value of gold coins you earn in Federal Reserve dollars. You can calculate your tax based on the amount of money you receive on the face value of the US gold and silver coins you receive if you're paid that way.

The news media has virtually blacked out a story of great importance to the American people. None of the major news organizations has reported the story to the American people. Typically, they are in league with the devious people in our government who want to keep us ignorant of the truth. You should question your representatives in Washington about the situation with the money you are forced to use. The stock market is beginning to fall. If the stock market crashes, as in 1929, we will be submerged in a severe depression. There is one candidate for President who has as an answer to the economic problems of this country, abolishing the Federal Reserve. Our economy may collapse within a matter of weeks, but will surely collapse within the next few years, if not months, if we don't revert to the use of the US dollar and abandon the Federal Reserve dollar.

Credits:

http://educate-yourself.org/cn/IRSdefeatoncoinwages18oct07.shtml