Sons of Liberty

No 18

September 2, 1995

Section 8. The Congress shall have Power To ...;
To borrow money on the credit of the United States[2];
To coin Money, regulate the Value thereof, and of foreign Coin, and fix the Standard of Weights and Measurers[5];
To provide for the Punishment of counterfeiting the Securities and current Coin of the United States[6];
Section 10. No State shall... coin Money; emit Bills of Credit; make any Thing but Gold and silver Coin a Tender in Payment of Debts;...

Article I, Constitution for the United States of America

The enumeration in the Constitution, of certain rights, shall not be construed to deny or disparage others retained by the people[9].

The powers not delegated to the United States by the Constitution, nor prohibited by it to the States, are reserved to the States respectively, or to the people[10].

Bill of Rights

Credit - The ability of a business or person to borrow money, or obtain goods on time, in consequence of the favorable opinion held by the particular lender as to solvency and reliability. [Black’s 5th]

Money - In usual and ordinary acceptation it means coins and paper currency used as circulating medium of exchange [Black’s 5th]

Bill of Credit - A bill or promissory note issued by the government, upon its faith and credit, designed to circulate in the community as money. [Black’s 5th]

Federal reserve notes - Form of currency issued by Federal Reserve Banks in the likeness of non interest bearing promissory note payable to bearer on demand. [Black’s

Question: How can the Congress authorize a private entity to do what the Constitution prohibits a State from doing?

Question: How, even using the more recent definition of ‘money’, when it is defined by the Constitution as ‘Gold and silver Coin’, can the Congress circumvent the Constitution without ratifying an amendment thereto?

*****

John got me involved in a conversation the other day. Most of the conversation dwelt upon the Oklahoma City bombing. Portions of that conversation are transcribed below.

OPF: Why do you think they chose the federal building?

John: Well, the enemy is the enemy. If you work for the enemy, you are the enemy. At least that is a morally conscionable approach. A few years ago, in Iraq, the Air Force targeted sewer and water plants - public utilities, claiming that they were strategic. As a result, thousands of women and children died of sanitation oriented diseases -- some quite painfully. Nobody was outraged at that, and the victims weren’t even government employees. Actually, I am surprised that the federal building was picked as the target.

OPF: Why is that?

John: Well, whoever did the bombing doesn’t seem to have a clear picture of patriot issues, or had a vendetta against one of the agencies in the building. Just think about it -- There are so many other targets closer to the source of the problem. For example, if we stick to the government, a more likely target would have been one of the specific use buildings in Washington. Congress, Treasury, FBI, Justice, maybe even the White House -- You know, if you want to get their attention, let them understand that they are at risk. In my war we always went for the enemy that threatened us or made the decisions about what to do about us. But, then, in my war we didn’t really go after the source of the problem -- and that is true with what we are talking about now. The government IS NOT the source of the problem.

OPF: The government passes all these laws that appear to be in conflict with the Constitution! I know that in Federalist Papers both Hamilton and Madison point out that the language is intentionally simple so that everyone could understand what they meant. Madison even spoke of the threat posed by ambiguous or complex laws. But, you seem to think that there is another source to the problem?

John: Yes. There certainly is. A lot of people have been looking into where the laws are really written. For example, back when the Federal Reserve Act was first submitted, a decoy was submitted by Nelson Aldrich. It was called the Aldrich Bill, but Aldrich probably never even read the whole thing. The bill was submitted to see what kind of flak the concept of the central bank would take. They also submitted provisions they knew that they didn’t really want, but if the opposition were allowed to remove them, the subsequent bill would be far more tolerable. The opponents would feel that they had a hand in re-writing the bill, and this would turn opposition into support. Now, the source of the problem is those that drafted the plan and both the Aldrich bill and the Glass-Owen Bill which became the Federal Reserve Act. These same people snowed William Jennings Bryant into believing he had something to do wit the final version of the Glass bill. These are the same people that got Teddy Roosevelt to run against Taft (the incumbent). Wilson and Roosevelt were funded by these people, much like Perot just a couple of years ago. Roosevelt drew votes away from Taft, and Wilson was elected, with these people knowledge that he would support the bill. Now, understand that this isn’t the beginning of the story, nor is it the end. What Andrew Jackson called the "Den of Vipers" still exists in this country today. They are responsible for writing most of the bills of any significance and pull the purse strings on most of the members of Congress. Their enterprise is the Federal Reserve banks.

After I heard about the bombing I began wondering what would have happened if one of the twelve Federal Reserve Banks had been blown up. Would that have been sufficient to scare off the ‘vipers’? What if one of them were blown up in his car? What if the attack was directed against the true enemy? Would that help us to bring attention to the real source of the problem, the federal reserve system? This system is a direct violation of the Constitution in many, many ways. It is the source, or at least, the means of inflation. Inflation is a tax hidden by increasing dollars in circulation, thereby reducing the value of the dollar in your pocket. This can’t happen with gold behind the dollar. The people that ‘spend’ that money into circulation are the government. If they were to tell us that they have begun printing money, we would not tolerate it. If they tell us they are selling Treasury Bonds, we, dumbly, say, "How nice!" But they are both the same thing.

If there are patriots out their ready to wage war against the enemy, they should start at the enemies throat. The enemy uses money as the weapon of choice, and could pull the plug just like they did in 1932, to get gold removed as the currency base of our old specie (intrinsic value) money. They have never been put at risk to their lives. It might be interesting to see how they reacted to that.

What would happen if we gave the bankers an ultimatum? What if we left messages at banks all over the country that said, "The Federal Reserve must voluntarily relinquish its control of the United States money system, completely, by October 1, 1995, or the twelve reserve banks and all member banks will be subject to demolition. If you have not complied by November 1, 1995, you are putting your very lives, the lives of snake like vipers, at risk. You must transfer all interest in the Federal Reserve System to the lawful United States Treasury, and forgo any interest owed you and not yet paid. This is an ultimatum."
* * *

OPF: John, Thanks for your thoughts on this matter. I guess I’ll have to think about that one.

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