Money Laundering Scam

Removing gold from the international monetary system in 1971 allowed the U.S. to then begin issuing U.S. dollars in 1 increasingly excessive amounts as the U.S. was no longer constrained by gold to maintain any semblance of fiscal restraint 2 or discipline. 3 While consequences may be delayed they cannot be avoided. It’s been 38 years since the U.S. removed gold and silver from 4 the international monetary system. As a consequence, the debt-based system now implemented world-wide is beginning to 5 collapse. Someday, it will collapse completely. 6 The current economic crisis is now moving quickly towards resolution. How and when it will end is as uncertain as that it 7 will. Systemic death is never easy and the banker’s paper money, like the fatal virus it is, is now everywhere. Its end will 8 not be easy. 9 Severe climate change, food shortages, and the possibility of a pandemic are taking their place beside the ever-present 10 possibility of military conflict. The collapse of the financial system will not be the only crisis that confronts humanity in the 11 near future. Don’t be left holding worthless paper when the music stops at the cake walk! Don’t be like the seven foolish 12 virgins spoken of in Matt. 25:1-13 (of the Bible) who had no oil for their lamp when the bridegroom called. The oil spoken 13 of in that parable is GOLD. 14

2.4

Why We Don’t Have Lawful “Money”

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The power to coin money described earlier in section 2.2 is not the origin of the authority for printing Federal Reserve Notes. 16 Those notes are printed under the authority of Article 1, Section 8, Clause 2 of the U.S. Constitution: 17

U.S. Constitution

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Article 1, Section 8, Clause 2

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The Congress shall have Power . .

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To borrow Money on the credit of the United States;

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In section one of H.J.R. 192 there is a single very important sentence, which states: 22

“ Any such provision contained in any law authorizing obligations to be issued by or under the authority of the

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United States, is hereby repealed, --- “

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This is important because under Section 16 of the Federal Reserve Act, the “Federal reserve notes” issued under that section 25 were expressly said to be obligations of the United States. Then, in June of 1933 the authority to issue those Section 16 26 Federal reserve notes was repealed. Result? ALL Federal reserve or Reserve notes are without authority of law! Thus, we 27 have a colorable currency to go with colorable law, but the whole system is based on FRAUD and unlawful. 28 The “money” you think you carry around in your pocket isn’t money at all, but a debt instrument or obligation borrowed from 29 a PRIVATE banking consortium deceptively called the “Federal R eserve” pursuant to Article 1, Section 8, Clause 2 of the 30 United States Constitution. You will note that the top of each bill says “Federal Reserve Note ”. The “Federal Reserve”, in 31 fact, is about as “federal” as “Federal Express”. Here is how Black’s Law Dictionary, Sixth Edition defines “money” on page 32 1005: 33

Money : In usual and ordinary acceptation it means coins and paper currency used as circulating medium of

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exchange, and does not embrace notes , bonds, evidences of debt, or other personal or real

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estate. Lane v. Railey, 280 Ky. 319, 133 S.W.2d. 74, 79, 81.

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[Black’s Law Dictionary, Sixth Edition, p. 1005]

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Here is what enacted law says about this subject in 12 U.S.C. §411: 38

TITLE 12 > CHAPTER 3 > SUBCHAPTER XII > Sec. 411. Sec. 411. - Issuance to reserve banks; nature of obligation; redemption

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Federal reserve notes, to be issued at the discretion of the Board of Governors of the Federal Reserve System for the purpose of making advances to Federal reserve banks through the Federal reserve agents as hereinafter set

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The Money Laundering Enforcement Scam

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Copyright Sovereignty Education and Defense Ministry, http://sedm.org Form 05.044, Rev. 10-2-2013

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