Tuesday, December 6, 2011

Whereas Our Money is Worthless

Whereas it is acknowledged that ALL money is created out of thin air but good money is backed by collateral. Money without collateral is not money but counterfeit scrip.

Whereas Federal Reserve Notes are private scrip but US Dollars should be sovereign money.

Whereas the people are sovereign and so should equally share the right to create money at no interest.

Whereas if you pay a banker interest on your own credit then you're just a dumb ass.

We do hereby resolve to outlaw the taking of interest.

We further resolve to outlaw the Federal Reserve Act.

Only US Dollars issued from a Treasury Bank (on sufficient collateral, interest-free) will be legal tender for all debts public and private. Treasury Banks are government entities authorized to create money of thin air against available collateral. Loans will be for the remaining life of the collateral.

If you took a $100,000 loan from a federal bank at zero interest (validated by a government employee on full salary) for a new home, your payment would be $83.33 per month for 100 years (lifespan of a new home.) It is the control of your money that is bankrupting the world. Stop it. NOW.