Foundations of Freedom

Federal Reserve Notes and the Adhesion Contract

The use of credit notes was forced upon the people in America in 1933 by House Joint Resolution (HJR) 192 (1933), thereby forcing the acceptance of Federal Reserve Notes ("FR N s") as legal tender in lieu of payment of debt. HJR 192 made all State and Federal governments law merchants, thereby destroying their sovereignty as states and placing them under the private side of international law. See UCC 1-201 (28), and Clearfield Trust Co. v. U.S., (1943) 318 US 363 and related cases (31U.S.C. Sect 5118(d), Public Law 73 10.) "A bill, draft, check, [debit cards, credit cards,] or note is a contract, and the fundamental rules governing contract law are applicable to the determination of the legal questions which arise over such instruments. - 1st American Jurisprudence, vol.7, pg.788 (emphases added)