Dennis Kucinich discusses taking back the FED
January 27, 2009 – 8:54 am
January 26, 2009 from cspanjunkie.org. Dennis Kucinich talks about his intention to introduce legislation to put the Federal Reserve under government control.
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Tags: banking, banks, dennis kucinich, Federal Reserve, fractional reserve, fraud, inflation, infowars, money, NEW WORLD ORDER, RON PAUL
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4 Responses to “Dennis Kucinich discusses taking back the FED”
The Fed is as lawful now as the Bank of N.America in Jefferson’s time:
Jefferson wrote to John Eppes in 1813:
‘Although we have so foolishly allowed the field of circulating medium to be filched from us by private individuals, I think we may recover it The states should be asked to transfer the right of issuing paper money to Congress, in perpetuity.’
Paper scrip, credited for colonial economic success by Franklin, is different from fiat paper currency, so
it’s unclear which paper money alternative Jefferson preferred. But either way he’s stating that it’s not
the same as the bills of credit that Congress has been authorised to issue since the Articles of
Confederation, which by necessity must be drawn on a private bank, be it the Bank of North America under the
Articles, or the later central banks under the Constitution, such as the Federal Reserve, since it never
amended this aspect of the Articles. He is also stating that, because it’s not the same thing, the Treasury
needs an amendment to issue paper money, whose right of issuance is reserved to the States under the 10th
Amendment. If so, states are still free to issue debt-free paper money, as long as they are legal tender
only for the purchase of goods & services: something that Federal Reserve bills of credit are not, such that
under federal law anyone has the legal right to refuse to accept FRNs for such purchases:
http://www.treasury.gov/education/faq/currency/legal-tender.shtml
Thus one can see the need for a Constitutional Amendment to grant the Treasury directly, and the Fed
indirectly, the power to issue true ‘paper money’. Otherwise they might only issue credit-only dollars,
which may only be used in the payment of mortgages, derivatives, and other paper obligations. The Articles
of Confedertation may be found in the hard-copy of U.S. Code Title 1, right after the Declaration of Independence.
By mAximo
on Jan 30, 2009
best video to watch about this FED and ROTHSCHILDS and BILDERBURGS controlling the U.S. for CENTURIES, is called; “The Gig is UP”
http://video.google.com/videoplay?docid=-4020719354420953428&hl=en
it’s an hour and twenty minutes, but you’ll quickly get a handle on how this FED bullshit must be brought to a screeching f’ing halt, or the nation is OVER WITH.
By Richard Kimball
on Jan 27, 2009
The Federal Reserve is completely unconstitutional. The federal government has no constitutional authority to own any bank, or to control the money supply in the form of emitting bills of credit (which is what the Fed does), or to license any bank to emit bills of credit which are legal tender for the country (which is what the situation is now.) Kucinich advocates more unconstitutional laws to solve problems created by unconstitutional laws. What a guy.
By Jennifer
on Jan 27, 2009
Even if the Reserve Bank was taken over from the German Rothchilds,Once a government co-op,the Jews will still control it.Just like the BBC FCC CIA Repugs Demos–you name it :^(
By George in Toronto
on Jan 27, 2009