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	<title>Comments on: Hope For Financial Freedom</title>
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		<title>By: Lisa</title>
		<link>http://tenthamendmentcenter.com/2010/02/07/hope-for-financial-freedom/comment-page-1/#comment-306004</link>
		<dc:creator>Lisa</dc:creator>
		<pubDate>Thu, 11 Feb 2010 09:19:12 +0000</pubDate>
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		<description><![CDATA[From what I understand, the Federal Reserve Act of 1913 was passed as ordinary legislation, right? Well how could it possibly usurp the powers granted by the Constitution to the Congress? The Constitution can only be changed by Amendment which requires a super majority to pass.  
 
The Supreme Court has said over and over that an UNConstitutional law is no law at all: 
&#8220;All laws which are repugnant to the Constitution are null and void,&#8221;Marbury vs. Madison, 5 US (2 Cranch) 137, 174, 176, (1803) 
 
&#8220;Where rights secured by the Constitution are involved, there can be no rule making or legislation which would abrogate them,&#8221;Miranda vs, Arizona, 384 US 436 p. 491 
 
&#8220;An unconstitutional act is no law; it confers no rights; it imposes no duties; affords no protection; it creates no office; it is in legal contemplation, as inoperative as though it had never been passed.&#8221; Norton vs. Shelby County 118 US 425 p. 442 
 
The general rule is that an unconstitutional statute, though having the form and name of law, is in reality no law, but is wholly void, and ineffective for any purpose; since unconstitutionality dates from the time of the enactment, and not merely from the date of the decision so branding it. 
 
&#8220;No one is bound to obey an unconstitutional law and no courts are bound to enforce it&#8221; 16 Am Jur 2d, Sec 177 late 2d, Sec 256 
 
As far as I can tell there&#039;s no need to &#039;end the Fed&#039; because creation of the Fed would have required a Constitutional Amendment. 
 ]]></description>
		<content:encoded><![CDATA[<p>From what I understand, the Federal Reserve Act of 1913 was passed as ordinary legislation, right? Well how could it possibly usurp the powers granted by the Constitution to the Congress? The Constitution can only be changed by Amendment which requires a super majority to pass.  </p>
<p>The Supreme Court has said over and over that an UNConstitutional law is no law at all:<br />
&ldquo;All laws which are repugnant to the Constitution are null and void,&rdquo;Marbury vs. Madison, 5 US (2 Cranch) 137, 174, 176, (1803) </p>
<p>&ldquo;Where rights secured by the Constitution are involved, there can be no rule making or legislation which would abrogate them,&rdquo;Miranda vs, Arizona, 384 US 436 p. 491 </p>
<p>&ldquo;An unconstitutional act is no law; it confers no rights; it imposes no duties; affords no protection; it creates no office; it is in legal contemplation, as inoperative as though it had never been passed.&rdquo; Norton vs. Shelby County 118 US 425 p. 442 </p>
<p>The general rule is that an unconstitutional statute, though having the form and name of law, is in reality no law, but is wholly void, and ineffective for any purpose; since unconstitutionality dates from the time of the enactment, and not merely from the date of the decision so branding it. </p>
<p>&ldquo;No one is bound to obey an unconstitutional law and no courts are bound to enforce it&rdquo; 16 Am Jur 2d, Sec 177 late 2d, Sec 256 </p>
<p>As far as I can tell there&#039;s no need to &#039;end the Fed&#039; because creation of the Fed would have required a Constitutional Amendment. </p>
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		<title>By: Andrew Jones</title>
		<link>http://tenthamendmentcenter.com/2010/02/07/hope-for-financial-freedom/comment-page-1/#comment-305831</link>
		<dc:creator>Andrew Jones</dc:creator>
		<pubDate>Wed, 10 Feb 2010 00:06:12 +0000</pubDate>
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		<description><![CDATA[It isn&#039;t just Georgia doing this, of course; this is nationwide. Dr. Edwin Vieira (a great scholar on the issue of sound money) helped assemble a template bill for a return to gold-backed currency, on a state-by-state basis. 
 
I humbly suggest one correction to your post here, and that is that the Federal Reserve will eventually crash ITSELF. From what I gather of it, the Constitutional Tender Act will simply (though very importantly) set in place a viable alternative (if implemented in time), should the Federal Reserve Note fail (which it will, if the printing presses are not smashed into pieces, pronto). People ought to be free to choose between currencies if they deem one currency to be more likely to hold its value over a longer period of time than the current currency. Legal tender laws have served as unjust barriers to &quot;competitive currencies.&quot; However, Gold and Silver remain the ONLY specified legal tenders for payment of debts by the states, as noted in the U.S. Constitution.  
 ]]></description>
		<content:encoded><![CDATA[<p>It isn&#039;t just Georgia doing this, of course; this is nationwide. Dr. Edwin Vieira (a great scholar on the issue of sound money) helped assemble a template bill for a return to gold-backed currency, on a state-by-state basis. </p>
<p>I humbly suggest one correction to your post here, and that is that the Federal Reserve will eventually crash ITSELF. From what I gather of it, the Constitutional Tender Act will simply (though very importantly) set in place a viable alternative (if implemented in time), should the Federal Reserve Note fail (which it will, if the printing presses are not smashed into pieces, pronto). People ought to be free to choose between currencies if they deem one currency to be more likely to hold its value over a longer period of time than the current currency. Legal tender laws have served as unjust barriers to &quot;competitive currencies.&quot; However, Gold and Silver remain the ONLY specified legal tenders for payment of debts by the states, as noted in the U.S. Constitution.  </p>
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		<title>By: Monorprise</title>
		<link>http://tenthamendmentcenter.com/2010/02/07/hope-for-financial-freedom/comment-page-1/#comment-305750</link>
		<dc:creator>Monorprise</dc:creator>
		<pubDate>Tue, 09 Feb 2010 01:22:37 +0000</pubDate>
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		<description><![CDATA[Interesting idea, if I understand the listed Georgia bill right it seems to be laying the ground work necessary to enable the State of Georgia to Crash the Federal reserve. 
 
As I layed out earlier in printable: 
&quot;I must say in reference to this law: &lt;a href=&quot;http:\/\/www.law.cornell.edu\/uscode\/12\/usc_sec_12_00000411----000-.html&quot; target=&quot;_blank&quot;&gt;&#167; 411. Issuance to reserve banks; nature of obligation; redemption&lt;/a&gt;  
  
Which says that the Federal reserve bank notes you have in your pocket are not money, and must be redeemed for actual &quot;money&quot;.  
  
As the same law says: &quot;They shall be redeemed in lawful money on demand at the Treasury Department of the United States, in the city of Washington, District of Columbia, or at any Federal Reserve bank. &quot;  
  
We could in theory crash the Federal reserve by demanding redemption of the inflationary Federal Reserve Banknotes for the presumably more finite &quot;lawful money.&quot;  
  
In effect: &quot;A run on the Federal Reserve Bank&quot;.  
&quot; 
 
 
Georgia has apparently defined money as the gold and Silver coins of the United States, and required her banks to deal directly with them. 
 
In doing so Georgia is securing herself and her people who uses Georgia banks against inflation and economic consequences of the Federal Reserve, in the event of a major clammily. 
 
More importantly thou she has also set foward the ground work in which to uses that law which i listed:  &lt;a href=&quot;http:\/\/www.law.cornell.edu\/uscode\/12\/usc_sec_12_00000411----000-.html&quot; target=&quot;_blank&quot;&gt;&#167; 411. Issuance to reserve banks; nature of obligation; redemption&lt;/a&gt;  
To drain the federal reserve of its real non-redeemable money supply thus helping to bring about its collapse in time. 
 
Its a brilliant strategy that should make Georgia, and the other states that do it very very rich, relative to the rest of the u.s. economy if they manage collapsing the Federal reserve. 
 
The cost/risk is that this will increase the cost of banking in Georgia a bit, until such time of the Federal Reserves collapse. I&#039;m also not sure their bill will go quite far enough. 
 
On top of that Georgia&#039;s economic resources alone are almost certainly inadequate to crash the Federal Reserve, as there is almost certainly more then enough gold and silver to in to match Georgia&#039;s resources.  I don&#039;t think the Feds have inflated that much. 
 
 
 ]]></description>
		<content:encoded><![CDATA[<p>Interesting idea, if I understand the listed Georgia bill right it seems to be laying the ground work necessary to enable the State of Georgia to Crash the Federal reserve. </p>
<p>As I layed out earlier in printable:<br />
&quot;I must say in reference to this law: <a href="http:\/\/www.law.cornell.edu\/uscode\/12\/usc_sec_12_00000411----000-.html" target="_blank">&sect; 411. Issuance to reserve banks; nature of obligation; redemption</a>  </p>
<p>Which says that the Federal reserve bank notes you have in your pocket are not money, and must be redeemed for actual &quot;money&quot;.  </p>
<p>As the same law says: &quot;They shall be redeemed in lawful money on demand at the Treasury Department of the United States, in the city of Washington, District of Columbia, or at any Federal Reserve bank. &quot;  </p>
<p>We could in theory crash the Federal reserve by demanding redemption of the inflationary Federal Reserve Banknotes for the presumably more finite &quot;lawful money.&quot;  </p>
<p>In effect: &quot;A run on the Federal Reserve Bank&quot;.<br />
&quot; </p>
<p>Georgia has apparently defined money as the gold and Silver coins of the United States, and required her banks to deal directly with them. </p>
<p>In doing so Georgia is securing herself and her people who uses Georgia banks against inflation and economic consequences of the Federal Reserve, in the event of a major clammily. </p>
<p>More importantly thou she has also set foward the ground work in which to uses that law which i listed:  <a href="http:\/\/www.law.cornell.edu\/uscode\/12\/usc_sec_12_00000411----000-.html" target="_blank">&sect; 411. Issuance to reserve banks; nature of obligation; redemption</a><br />
To drain the federal reserve of its real non-redeemable money supply thus helping to bring about its collapse in time. </p>
<p>Its a brilliant strategy that should make Georgia, and the other states that do it very very rich, relative to the rest of the u.s. economy if they manage collapsing the Federal reserve. </p>
<p>The cost/risk is that this will increase the cost of banking in Georgia a bit, until such time of the Federal Reserves collapse. I&#039;m also not sure their bill will go quite far enough. </p>
<p>On top of that Georgia&#039;s economic resources alone are almost certainly inadequate to crash the Federal Reserve, as there is almost certainly more then enough gold and silver to in to match Georgia&#039;s resources.  I don&#039;t think the Feds have inflated that much. </p>
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		<title>By: MichaelBoldin</title>
		<link>http://tenthamendmentcenter.com/2010/02/07/hope-for-financial-freedom/comment-page-1/#comment-305733</link>
		<dc:creator>MichaelBoldin</dc:creator>
		<pubDate>Mon, 08 Feb 2010 22:02:14 +0000</pubDate>
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		<description><![CDATA[Well-said - it&#039;s just another big government program outside the scope of their constitutionally-delegated powers.  And - as usual, what they promise never happens. ]]></description>
		<content:encoded><![CDATA[<p>Well-said &#8211; it&#039;s just another big government program outside the scope of their constitutionally-delegated powers.  And &#8211; as usual, what they promise never happens. </p>
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		<title>By: MichaelBoldin</title>
		<link>http://tenthamendmentcenter.com/2010/02/07/hope-for-financial-freedom/comment-page-1/#comment-305732</link>
		<dc:creator>MichaelBoldin</dc:creator>
		<pubDate>Mon, 08 Feb 2010 22:01:33 +0000</pubDate>
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		<description><![CDATA[Thanks for stopping by, Bill!  Here&#039;s to more states catching on to this movement and considering sovereignty over such policy! ]]></description>
		<content:encoded><![CDATA[<p>Thanks for stopping by, Bill!  Here&#039;s to more states catching on to this movement and considering sovereignty over such policy! </p>
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		<title>By: Bill Greene</title>
		<link>http://tenthamendmentcenter.com/2010/02/07/hope-for-financial-freedom/comment-page-1/#comment-305695</link>
		<dc:creator>Bill Greene</dc:creator>
		<pubDate>Mon, 08 Feb 2010 14:46:29 +0000</pubDate>
		<guid isPermaLink="false">http://www.tenthamendmentcenter.com/?p=4735#comment-305695</guid>
		<description><![CDATA[End the Fed from the bottom up: 
 
&lt;a href=&quot;http://www.ConstitutionalTender.com/&quot; target=&quot;_blank&quot;&gt;http://www.ConstitutionalTender.com/&lt;/a&gt; 
 
Thanks to the Tenth Amendment Center for your support! ]]></description>
		<content:encoded><![CDATA[<p>End the Fed from the bottom up: </p>
<p><a href="http://www.ConstitutionalTender.com/" target="_blank">http://www.ConstitutionalTender.com/</a> </p>
<p>Thanks to the Tenth Amendment Center for your support! </p>
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		<title>By: Tweets that mention Hope For Financial FreedomÂ &#124;Â Tenth Amendment Center -- Topsy.com</title>
		<link>http://tenthamendmentcenter.com/2010/02/07/hope-for-financial-freedom/comment-page-1/#comment-305663</link>
		<dc:creator>Tweets that mention Hope For Financial FreedomÂ &#124;Â Tenth Amendment Center -- Topsy.com</dc:creator>
		<pubDate>Mon, 08 Feb 2010 05:08:47 +0000</pubDate>
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		<description><![CDATA[[...] This post was mentioned on Twitter by Manny Rosario, Ron Paul, Christine Brandt, pencilpost, pencilpost and others. pencilpost said: RT @RonPaul_2012: Hope For Financial Freedom http://bit.ly/9nKw5Y #tlot #tcot #RonPaul [...]]]></description>
		<content:encoded><![CDATA[<p>[...] This post was mentioned on Twitter by Manny Rosario, Ron Paul, Christine Brandt, pencilpost, pencilpost and others. pencilpost said: RT @RonPaul_2012: Hope For Financial Freedom <a href="http://bit.ly/9nKw5Y" rel="nofollow">http://bit.ly/9nKw5Y</a> #tlot #tcot #RonPaul [...]</p>
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		<title>By: Monorprise</title>
		<link>http://tenthamendmentcenter.com/2010/02/07/hope-for-financial-freedom/comment-page-1/#comment-305662</link>
		<dc:creator>Monorprise</dc:creator>
		<pubDate>Mon, 08 Feb 2010 04:55:08 +0000</pubDate>
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		<description><![CDATA[Its actually worse then that, the Federal reserve was made to &quot;smooth out&quot; the economic credit market &quot;freeing&quot; it from the agricultural cycle production/demand cycle fluctuation.  
 
The problem is the &quot;credit&quot; market is really spouse to represent the resource load market, and the seasonal agricultural cycle is one of the main resource production/investment cycles. (Determined by nature not man.)  
 
 
Simply printing more dollars to lend out doesn&#039;t make more resources available. It simply make the resources that are available require more dollars in trade.(inflation).  
 
 
So the Federal reserve was a cosmetic solution to the resource allocation problem with very serous economic redistribution consequences.  
 
Let me explain:  
When you devalue the currency the people who are effectively taxed are the ones who happen to hold the most in that currency at the time of the devaluation.  
 
So when the Federal Reserve meant to &quot;smooth out&quot; the credit market from the seasonal agricultural investment/production cycle, they were in effect taxing a huge % of the farmers harvest, by devaluing the dollars they had just gotten in trade for their product.  
 
The farmers(as well as thus the entire rural economy around them) got ripped off, and as a result did not have enough money to live on until the next harvest cycle. That of course requires them to utilized loans with interest just to keep them going, loans they can never repay as the same thing is just going to happen again next harvest cycle for the same reason.  
 
 
Inevitably over the next 20-30 years we saw widespread forecloses on farms.  
Large corporations instead took over and the family farm all but died.  
 
All because of the effect of the Federal Reserve&#039;s ability to redistribute wealth, so that the urban/industrial areas did not have to sacrifice to pay for their food. They instead effectively ripped off the farms and stole a disproportionate share of it.  
 
That of course hurts not only the farm but the entire support economy around the farm and in the area, basically the entire state.  
 
That&#039;s what the centralized Fractional Reserve banking did, it enabled urban/industrial States like New York to Steal money on a gigantic scale from the southern and western rural states. Ultimately to the point where they owned everything.  
 
Its really simple economic and it makes me Steaming mad when i just think about it.  
 
The biggest failing of our civilization is the failure to understand the nature of the dollar(banknote)/credit in the supply/demand cycle. ]]></description>
		<content:encoded><![CDATA[<p>Its actually worse then that, the Federal reserve was made to &quot;smooth out&quot; the economic credit market &quot;freeing&quot; it from the agricultural cycle production/demand cycle fluctuation.  </p>
<p>The problem is the &quot;credit&quot; market is really spouse to represent the resource load market, and the seasonal agricultural cycle is one of the main resource production/investment cycles. (Determined by nature not man.)  </p>
<p>Simply printing more dollars to lend out doesn&#039;t make more resources available. It simply make the resources that are available require more dollars in trade.(inflation).  </p>
<p>So the Federal reserve was a cosmetic solution to the resource allocation problem with very serous economic redistribution consequences.  </p>
<p>Let me explain:<br />
When you devalue the currency the people who are effectively taxed are the ones who happen to hold the most in that currency at the time of the devaluation.  </p>
<p>So when the Federal Reserve meant to &quot;smooth out&quot; the credit market from the seasonal agricultural investment/production cycle, they were in effect taxing a huge % of the farmers harvest, by devaluing the dollars they had just gotten in trade for their product.  </p>
<p>The farmers(as well as thus the entire rural economy around them) got ripped off, and as a result did not have enough money to live on until the next harvest cycle. That of course requires them to utilized loans with interest just to keep them going, loans they can never repay as the same thing is just going to happen again next harvest cycle for the same reason.  </p>
<p>Inevitably over the next 20-30 years we saw widespread forecloses on farms.<br />
Large corporations instead took over and the family farm all but died.  </p>
<p>All because of the effect of the Federal Reserve&#039;s ability to redistribute wealth, so that the urban/industrial areas did not have to sacrifice to pay for their food. They instead effectively ripped off the farms and stole a disproportionate share of it.  </p>
<p>That of course hurts not only the farm but the entire support economy around the farm and in the area, basically the entire state.  </p>
<p>That&#039;s what the centralized Fractional Reserve banking did, it enabled urban/industrial States like New York to Steal money on a gigantic scale from the southern and western rural states. Ultimately to the point where they owned everything.  </p>
<p>Its really simple economic and it makes me Steaming mad when i just think about it.  </p>
<p>The biggest failing of our civilization is the failure to understand the nature of the dollar(banknote)/credit in the supply/demand cycle. </p>
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		<title>By: Hope For Financial Freedom &#124; The Ruthless Truth blog</title>
		<link>http://tenthamendmentcenter.com/2010/02/07/hope-for-financial-freedom/comment-page-1/#comment-305618</link>
		<dc:creator>Hope For Financial Freedom &#124; The Ruthless Truth blog</dc:creator>
		<pubDate>Sun, 07 Feb 2010 21:24:55 +0000</pubDate>
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		<title>By: Finance Agent - Hope For Financial Freedom - Tenth Amendment Center &#171; Finance Agent</title>
		<link>http://tenthamendmentcenter.com/2010/02/07/hope-for-financial-freedom/comment-page-1/#comment-305614</link>
		<dc:creator>Finance Agent - Hope For Financial Freedom - Tenth Amendment Center &#171; Finance Agent</dc:creator>
		<pubDate>Sun, 07 Feb 2010 20:36:22 +0000</pubDate>
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		<description><![CDATA[[...] Hope For Financial Freedom - Tenth Amendment CenterThe financial system our federal government created in 1913 and thereafter maintained has created nothing but iron chains around the hands, feet and necks of the states of America. Unfortunately, most Americans do not understand the [...]]]></description>
		<content:encoded><![CDATA[<p>[...] Hope For Financial Freedom &#8211; Tenth Amendment CenterThe financial system our federal government created in 1913 and thereafter maintained has created nothing but iron chains around the hands, feet and necks of the states of America. Unfortunately, most Americans do not understand the [...]</p>
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