FED Witness: Federal Reserve Note is not a dollar

If you feel Federal Reserve notes are not money send all your Federal Reserve notes to me. I will be more than happy to take them off your hands.


But...

What a nice bunch of crap written to confuse the ignorant.

Since the Federal Reserve note is not money then it would cost you nothing to pay your taxes with Federal Reserve notes, right? (But I don't see tax protesters making that argument.) Your income is valued in dollars, it doesn't require that the gain be in dollars. The US code doesn't even mention dollars when it talks about "income." It only talks about gain. That gain is valued in dollars for the purposes of taxation. A Federal Reserve note is valued in dollars. A check written on a US bank account is valued in dollars. A chicken bartered for a service has a dollar value. For taxation purpose the tender used, note, check, or chicken, doesn't matter, only the value matters.

The majority of monetary transactions these days don't involve silver dollars or Federal Reserve notes. That doesn't mean that legal tender isn't being used. Nor does it mean you can claim there is no value to what you are using for legal tender. Such a claim defies the logic of claiming you owe no taxes since what you owe has no value. Refusing to pay shows it has value.

President John F.Kennedy,
The Federal Reserve
And Executive Order 11110 http://www.john-f-kennedy.net/executiveorder11110.htm

Read this again

All the EO did was move the power to issue silver certificates from the President to the treasury. The President had that power from 1933 on. In 1964, JFK delegated that power to the treasury thereby no longer requiring any President to sign off on it.

This is what the first sentence reads that (j) was added to..


That particular section wasn't revoked until 1987 by Reagan. It stayed on the books for 23 years.

Thomas Jefferson speaking on the first attempt to establish a central bank in America:

"The system of banking is a blot left in all our Constitutions, which, if not covered, will end in their destruction. I sincerely believe that banking institutions are more dangerous than standing armies; and that the principle of spending money to be paid by posterity is but swindling futurity on a large scale."

"The end of democracy, and the defeat of the American revolution will occur when government falls into the hands of the lending institutions and moneyed incorporations."

"If the people ever allow the banks to issue their currency, the banks and corporations which will grow up around them will deprive the people of all property, until their children wake up homeless on the continent their fathers conquered."

"Paper is poverty... It is not money, but the ghost of money."

"There is an artificial aristocracy, founded on birth and privelege, without virtue or talents... The artificial aristocracy is a mischievous ingredient in government, and provisions should be made to prevent its ascendency."

"The bank of the United States is one of the most deadly hostilities existing against the principles and form of our Constitution. I deem no government safe which is under the vassalage of any self-constituted authorities, or any other authority than that of the nation, or its regular functionaries. What an obstruction could not this bank of the United States, with all its branch banks, be in a time of war? It might dictate to us the peace we should accept, or it might withdraw its aid. Ought we then to give further growth to an institution so powerful, so hostile?"