Let's get started fresh here and eliminate the more complicated equity parts cause this is the culmination ov everything we have been discussing. Again cell keypad and all the cases r dun to death Ijust saw rickman on the screen really?
You should bother to read it.
Is our government really set up for congress to just "spend money anyway"? You really think that? You know we are at the debt ceiling with no buget right? You know government is funded by the people as a check and balance on government right?
The government is funded by the federal government's tax power, which was written into the constitution when the previous government dependent on voluntary contributions found itself destitute. The right of the people to control government spending can only be exercised by voting for politicians who will actually manage it well, because congress has the power to borrow money on the credit of the United States--backed by its tax power--and congress has the power to appropriate that money as it pleases.
You know congress used to need constituancy approval for voting......also constitutional approval... and congress ppl were certainly in dishonor if they had to take whoever NONCONGRESSIONAL author of legislations word for what the "complicated" legislation as good reason to vote yes....right?
How can you not see it is congress that is out of hand and court needs your help to slap it down court can't be party to suit I reckon, right?
I think the congress is a disturbing example of what results from rampant gerrymandering, political ignorance, and general indifference on the part of the American people. But we have the power to vote these people in and out, as well as the power to stop gerrymandering, to not be ignorant, and to not be indifferent about issues that actually affect all of us. Congress is a abomination and out of control, certainly, but that's on us, its keepers.
So you have congress contracting in equity with the world bank let's face it the fed is bedfellowes with the imf.....in effect creating its own currency that is merely legal not lawful....then this currency is expanded or quite literally drafted apon serving as its own reserve and you fail to see how the final check "clearinghous"'s notes are literally checks drawn on their lawful reserves which are then drawn on the us.....so congress makes its own money its own laws its own courts and you think voting will ever make this fair?
See, this is crazy. Federal Reserve Notes were authorized by the congress in 1913, long before the World Bank or IMF were created. And there was no "contract in equity." Those organizations were established by international agreements between world governments. There's no such thing as an "international contract in equity." International agreements aren't regulated by the legal system of individual member signatories.
The Fed clearinghouse doesn't involve notes. Electronic amounts are debited and credited as a result of the checks; the bank pays Federal Reserve Notes out of the currency it has on hand. Money is constantly going out of the bank, yes, but money is also constantly coming back into the bank. All checks are not "drawn on the US." Money mostly just shifts between people through economic activity: you get paid, you spend or deposit money, the people you paid deposit or spend it, the person they paid deposits or spends it.
You simply accept congress ultimate supreme funny money ruler of the universe gets to tell you how the laws panned out really sorry didn't even sign this letter that had nothing to do with your question partner but thanks for letting me "serve you"? This is just reality in tokeprep land? Man that
sounds fukkin awful for the congress by the congress!
I merely accept that congress exercises the powers we gave it in the constitution unless and until we alter it. If the people want to change the monetary system, they have two options:
1) They can amend the constitution to specify something about the monetary system, which would render the Federal Reserve Act void.
2) All they need to do is elect a congress that will repeal the Federal Reserve Act. Done. Any court interpretation of the Federal Reserve Act will vanish, the Fed will vanish, and congress will be free to craft something else.