Why The Federal Reserve System Is Unconstitutional

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THE FED IS UNCONSTITUTIONAL

The bottom line of my presentation is very simple. The Federal Reserve System is unconstitutional. You start there and you know everything else that there is to know about it.

The Constitution established commodity monies, specifically, silver and gold coinage as the money of the United States.

REVOLUTIONARY INFLATION AND DEPRESSION LED TO REJECTION OF PAPER MONEY IN 1787

If you go back historically, in 1787 the founding fathers were considering structure of government at the Constitutional level. Who were these people? Well, as a practical matter, they were eyewitnesses to one of the worst economic situations that the country had ever faced — a raging inflation, a massive depression that had followed the emission of bills of credit and other forms of paper currency by both the Continental Congress in which they served, and many of the state legislatures in which they served, during the War of Independence.

So these were not people who were unacquainted with the economic problems of money. They were also not people who could foist off those problems, at least in terms of cause and effect, on somebody else. They had been responsible for putting these paper monies into circulation. What did they do? Well, they drafted the monetary powers of the Constitution to prevent repetition of that calamity by outlawing what James Madison in the Federalist papers denounced as "the fallacious medium and improper and wicked project of paper money".
http://www.conservativeusa.org/vieir100.htm

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• Dr. Edwin Vieira

[dujac88]

ron paul is a nut case

paper money and the federal reserve are constitutional

The Constitution of the United States

Article I - The Legislative Branch

Section 8 - Powers of Congress

To coin Money, regulate the Value thereof…

To make all Laws which shall be necessary and proper for carrying into Execution the foregoing Powers, and all other Powers vested by this Constitution in the Government of the United States, or in any Department or Officer thereof.

[911truthncDotOrg]

@dujac88

Article. I.

Section. 8.The Congress shall have Power To lay and collect Taxes, Duties, Imposts and Excises, to pay the Debts and provide for the common Defence and general Welfare of the United States; but all Duties, Imposts and Excises shall be uniform throughout the United States;

To borrow Money on the credit of the United States;

[911truthncDotOrg]

@dujac88 Where does the constitution say congress have the authority to impose usury on the debt of the United States?

[dujac88]

@911truthncDotOrg - there's no usury

don't you realize that the federal reserve gives its net-profits to the treasury dept

no private bank gives it profits to the government

google: "Federal Reserve earned $45 billion in 2009"

By Neil Irwin - Washington Post Staff Writer - 1/12/2010

The Fed will return about $45 billion to the U.S. Treasury for 2009, according to calculations by The Washington Post based on public documents.

[dujac88]

the constitution doesn't define money because the founders were undecided about it

if the founders had intended to absolutely forbid paper money, it would have been written in section 9, limits on congress, but they intentionally left it out so that the issue could be decided later

[911truthncDotOrg]

@dujac88

Article. I.

Section. 10.No State shall enter into any Treaty, Alliance, or Confederation; grant Letters of Marque and Reprisal; coin Money; emit Bills of Credit; make any Thing but gold and silver Coin a Tender in Payment of Debts; pass any Bill of Attainder, ex post facto Law, or Law impairing the Obligation of Contracts, or grant any Title of Nobility.

[911truthncDotOrg]

@dujac88 Article I, Section 8 of the Constitution grants Congress the power “To coin Money,” but nowhere is the word “money” defined in the Constitution.

[dujac88]

@911truthncDotOrg - the fed was created by congress' constitutional authority to make the laws necessary proper to regulate the value of currency

The Constitution of the United States - Article I - The Legislative Branch

Section 8 - Powers of Congress

To make all Laws which shall be necessary and proper for carrying into Execution the foregoing Powers, and all other Powers vested by this Constitution in the Government of the United States, or in any Department or Officer thereof.

[911truthncDotOrg]

@dujac88 "Powers of Congress

To coin Money, regulate the Value thereof"

How does a private bank called the FED promote this portion of the Constitution.

Congress has cow toweled to banking interest and Wall Street. All which are plugged in to Big Media, Big Arg, Big Oil, Big Pharma. Get a grip special interest has control of congress.

Do I need to go into more detail.

Or I can't wait!

Potty Mouth!!!!

Potty Mouth Potty Mouth HOW are you!