«If Us citizens ever before create banking companies to manage the situation of its currency, very first of the rising cost of living then by the deflation, banking institutions usually deprive people of the many assets up to its people commonly wake up homeless.» Thomas Jefferson
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On June 5, 1933, as a result of a prearranged banking crisis, the Congress of the United States passed House Joint Resolution No. 192, suspending the Gold Standard (they did not abolish it), which means they disestablished the fixed content of the Gold Dollar and took away the Law jurisdiction of the U. S. Standard Dollar Lawful Money. In effect, the entire country, every State and every freeborn, Sovereign American individual, became insolvent and was effectively put into bankruptcy, making it impossible for each State and each individual to either shell out their debts, at Law, or to be paid down, at Law.
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Instead of being able to demand payment at Law, or to make payment in Standard Gold Dollars as Lawful money, or the equivalent Treasury currency, redeemable on demand, at Par, We The People were forced on to the credit of the individual banks, the Federal Reserve Banks and the commercial banks, and began to pass around their debt instruments, as though it were real money, making use of their debt-claims for the money, and thereby, by the operation of House Joint Resolution No, 192, into an alien and unlawful Federal Executive Equity Jurisdiction, known as lex mercatoria, or the Law Merchant, which is the private rule of the bankers, and from which jurisdiction our forefathers fought, and won, a revolution to be free, and from which jurisdiction our Constitution and Bill of Corrects protects Us.
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pay your debts in Standard Gold Dollars, you operate on a cash basis in a Federal Common Law jurisdiction based on Article I, Section 10, clause 1, of the Constitution of the United States of America regarding tender for the commission of debts. This is the General Federal Common Law jurisdiction deriving from the Union, which the Bill of Rights was designed to protect, particularly the Seventh Amendment which guarantees the Right of Trial by Common Law Jury in suits at Common Law where the value in controversy shall exceed twenty dollars. But, when you pass around evidences out of personal debt as if it were the money itself, you are passing around the debt-claims for the money, and you no longer have a jurisdiction at Law, where the individual has access to his Rights, but you are in an entirely different court, or jurisdiction. You are in an Equity jurisdiction, one in which the individual does not have any Rights. And this is the practical effect which Congress intended to bring about by passing House Joint Resolution No. 192. Even one hundred years ago it was stated that «we have the best Congress that money can buy».
From the procedure off Home Joint Quality Zero. 192, people, and you may Claims, were compelled to «create properties», managed, to not ever spend (no body you can expect to «pay» any more as there is actually no real money with which so you can «pay»), but to «launch obligations» to pay.
What exactly is named «fractional put aside financial», which have irredeemable paper, produces several means abreast of a common substance. That’s, financial institutions is also material or manage «money» simply by while making a ledger entryway. This type of newly written bucks (ledger entries) is actually «backed» of the same couple dollars currently kept with the put. In fact a lender, can be «create» 20 cash for each you to definitely toward put, lend them to you, assemble the chief and you will attention immediately after which just produce the bucks back into nonexistence. This means, you’re pressed in the part of your Sheriff’s firearm to pay for something which was made out of thin air — and appeal. Having multiple means, there is no-one to ever fulfill every his claims and no that is actually «pay» in the Legislation during the material, that’s, which have Basic Gold Bucks, but instead, are only able to «would attributes» since proof their determination so you can «discharge the obligation to expend». Commission, therefore, try ergo permanently delayed; that only claims the brand new payment.