Not too long ago I called up Congressman Ed Markey’s district office in Medford, MA (which is my district) and after getting the usual run around I talked to one of Markey’s assistant. I wanted to know why Congressman Markey didn’t speak out against the illegality of the so called “Federal” Reserve System and its Federal Reserve Notes when the Constitution (the Law of the Land by the way) says that only gold and silver is to be legal tender. Markey’s assistant said that the existence of the Federal Reserve and what the Constitution says is a matter of interpretation. In Article 1 section 8 of the U.S. Constitution says Congress alone has the power to “coin money” [not print it by the way] and “regulate the value thereof”. In Article 1 section 10 it says “No State… shall emit Bills of Credit [i.e. paper money]; make any Thing but gold and silver Coin a Tender in Payment of Debts” (emphasis mine). But notice on the left side of a Federal Reserve Note it says, “This note is legal tender for all debts, public and private”. Contrary to Ed Markey’s office there is nothing to interpret here. Any child who could read would know that there is a contradiction here. Which one is legal tender, gold and silver coin (as the Constitution dictates) or Federal Reserve Notes (as the Federal Reserve dictates)? Both can NOT be legal tender so one of them is a fraud. Politicians who think We the People are stupid would say something like “well, Congress passed the Federal Reserve Act therefore the Federal Reserve Notes are lawful money”. I don’t care what Act Congress passed, according to the Supreme Court, “An unconstitutional Act is not law” (Norton v Shelby County 118 US 425). If Congress doesn’t want Americans to use gold and silver coin as lawful money then convene a Constitutional Convention and vote to amend the Constitution to authorize Federal Reserve Notes. But just passing a law (like the Federal Reserve Act) does NOT amend the Constitution. Before 1913 (when the Federal Reserve was illegally created by Congress) America’s currency were gold and silver certificates that were backed up by and redeemable for the lawful money (i.e. gold and silver coin). The one dollar silver certificates said on them “This certifies that there is on deposit in the Treasury of the United States of America One dollar in silver payable to the bearer on demand” (emphasis mine). But since its creation the Federal Reserve (“the Fed”) controls our money supply and they give us worthless paper that deceptively looks like the old silver certificates but are NOT redeemable for LAWFUL money. These Federal Reserve Notes are simply monopoly money by another name, they’re worthless, and people only accept them today because the government forces us to. Consequently when the Fed prints this “money” out of thin air and gives it to it’s buddies on Wall Street through a President’s “stimulus-bailout package” it causes the value of our dollars to go down thus resulting in prices going up (i.e. inflation). But they couldn’t print unlimited gold or silver coin out of nothing. Now prices for food, gas, medicine etc don’t go up, it’s our dollars being devalued by the Fed printing too much and tossing it into the economy thus it takes more dollars to buy our basic necessities than it did before. As you can see the cost of living rises as a result but our wages don’t rise to keep up with that therefore we get poorer and poorer. It’s immoral to steal, I don’t like being stolen from but the inflation caused by the Fed is a hidden tax that steals away our savings. The Fed with its illegal monetary policies and worthless Reserve Notes have caused our past and current depression and may even cause the total collapse of our currency. If a private individual counterfeited money and printed it out of thin air that individual would go to prison yet the Fed gets away with it. Stop the double standard! Every representative supposedly takes an oath of office to “preserve, protect, and defend” the Constitution yet only Congressman Ron Paul and a few others actually speak out about the illegality of the Federal Reserve. There are two possible reasons for this. They either haven’t read the Constitution (which they take an oath to “preserve, protect and defend”). Or they are in on this criminal conspiracy against We the People since the Federal Reserve System is almost 100yrs old so they should know by now what it is. Though the Federal Reserve Act was passed (illegally) in 1913 the idea of the Fed was hatched on November 22, 1910 therefore this “Creature from Jekyll Island” will be 100years old. Congress illegally created the Fed so they are to be held accountable for abolishing it and we must keep constant pressure on them until they do that and get our nation back to lawful money she had before 1913. So I challenge every resident of Medford and other Americans to do two things. First, get yourself a copy of the U.S. Constitution (the Law of our Land) and get familiar with it. How do you know if your government is breaking the law if you don’t know what the Constitution says? Secondly, for the 100th anniversary of the Fed join me in mailing a one dollar Federal Reserve Note to our respective Congressman with a post-it note on the bill saying “Article 1 sect 10 – Where is our lawful money? This Reserve Note isn’t it” We the People demand that our mayor, our city council, our state & federal representatives and President honor their oath of office and call for the abolishment of the Federal Reserve System. Until then We the People demand the answer to the question: WHERE IS OUR LAWFUL MONEY?
Where is our lawful money?
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