why the federal reserve is unconstitutional

Those aren’t “US Government Notes” in your wallet, they are “Federal Reserve Notes”. This is why the U. S. Military will need to seize all unconstitutional government units (SES, Serco, Crown Agents, federal courts, etc) and try the criminals through tribunals. Here’s why: A majority of the responses as to why the Fed must go is that that their existence is "unconstitutional" according to Article 1 Section 8 of the U.S. Constitution. Oh, sure, you can understand why in a country as large as the United States you might want the central bank to be a bit, er, decentralized. They have hear a few cases requesting the Fed be dissolved but haven't ruled in that favor. The federal resrve is a private corporation, but there is nothing federal about it. Federal Court System Operates Outside of the U. S. Constitution. . by Bob Russell, ©2020 (Jun. Answer Save. Therefore, it is argued the creation of the Federal Reserve itself was a violation of the Constitution. "The Federal Reserve Act should be repealed and the Federal Reserve banks, having violated their charters, should be liquidated immediately. Therefore, the Federal Reserve is unconstitutional because Congress does not have the specific power to create a central bank. The book debuted at number six on the New York Times Best Seller list and advocates the abolition of the United States Federal Reserve System "because it is immoral, unconstitutional, impractical, promotes bad economics, and undermines liberty." That structure can be determined by reading the law that governs it which can be found in Title 12 Chapter 3 of the U.S. Code. . This is a follow up to a question i asked yesterday. 5. Why do we have the Federal Reserve, its unconstitutional, and a private bank. The Senate version was introduced by Senator Rand Paul (R-KY). This video is unavailable. CRIMINAL CONGRESS SOLD OUT TO GLOBAL BANKSTERS FOR PERSONAL GAIN . End the Fed is a 2009 book by Congressman Ron Paul of Texas. 13, 2020) — The Constitution says that it is the responsibility of Congress to issue money and control the financial matters of the nation (Section 7). The Federal Reserve Act of 1913 was established via Congress. The Federal Reserve is structured to be INDEPENDENT and it is most definitely NOT private. Since the creation of the Federal Reserve, middle and working-class Americans have been victimized by a boom-and-bust monetary policy. . It makes its own policies, and is under no regulation by the US government. So the Fed wouldn't be abolished as unconstitutional even if the justices agreed with the argument. Lou Gamboa is a national speaker on the subject, and has spoken on numerous radio programs in an effort to educate the public. It is a Corporation NOT A GOVERNMENT UNIT. Watch Queue Queue Its a fradulent central banking system. 5 responses to “Ron Paul Says Federal Reserve Is Unconstitutional” Brad Anderson . Watch Queue Queue. I wish to thank Mr. Lou Gamboa for his research of the Constitution and our banking system. Rep. McFadden asked. Is the Federal Reserve unconstitutional? (And, no, the Fed’s monopoly over money has not been as amazing as the Fed’s macroeconomists would have us believe). C.J. Congress enacted the Federal Reserve Act in order to carry out the power to regulate the value of money. Both should finally be recognized as null and void, but the 14th amendment inhibits that from happening. Its a big fraud.? The 14th amendment was organized by Socialists, morphing into the Progressives who gave us the Unconstitutional Federal Reserve just over one hundred years ago. Its a private bank that LOANS all the currency AT interest to the government. The most powerful, influential economic policy-making institution in the country, the Federal Reserve ("Fed"), is an unelected body that is completely unaccountable to the people. For more about the structure of the Federal Reserve and why it is NOT private, see my answer at Now, Philip K. Howard, whose 1994 book The Death of Common Sense proved instrumental in encouraging reform of the legal profession, is sounding the alarm about the federal bureaucracy. Die Federal Reserve entstand als Reaktion auf die Panik von 1907, dem jüngsten Zusammenbruch der Wirtschaft. Let's start with the true structure of the Federal Reserve. If the Federal Reserve was actually the entity that printed money, it would be unconstitutional. The American people have been played as suckers. The monetary system we have is unconstitutional and it is potentially extremely corrupt." Asked by Wiki User. But this wasn’t the first time the constitutionality of the nation’s central bank had been tested. The Constitution established commodity monies, specifically, silver and gold coinage as the money of the United States. Well, let’s back up and start with the fact that this institution’s very existence is most likely unconstitutional. The passage of the Federal Reserve Act was unconstitutional because 1) the US Constitution prohibited "bills of credit" (i.e., paper notes) and 2) the US Constitution would have to be amended to go off the silver and gold coin standard for money. The Federal Reserve Bank is unconstitutional for two reasons: First,as it was not an enumerated power of the Federal government pursuant to the constitution, the legal basis for the first central bank (there have been several) was that it was “necessary and proper”. .… Myth #8 – The Fed is unconstitutional. Wiki User Answered . Progressives will never relinquish control of both our White House, and media, without a fight. FAITHLESS GOVERNMENT OFFICERS WHO HAVE VIOLATED THEIR OATHS SHOULD BE IMPEACHED … 25 26 27. Um die Panik von 1907 zu überstehen, überredete JP Morgan andere Tycoons, das System mit Kapital zu überfluten, um Banken und Unternehmen beim Überleben … Why the Federal Reserve is Unconstitutional Discussion 1: A wealth tax violates Article 1 section 9 of the Constitition that states, "No capitation, or other direct, tax shall be laid, unless in proportion to the census or enumeration herein before directed to be taken." The Federal Reserve System makes no sense. The Federal Reserve System is unconstitutional. Answer. The Constitution also gives Congress the power to create all laws necessary to carry out any of the powers of the U.S. Government granted by the Constitution. Critics of the Federal Reserve point out that the Constitution makes no reference to a centralized bank to carry out these actions. March 5, 2011 at 10:53 pm. Sure, its a form-over-substance sham, but there it is. Vaccination by race is unconstitutional when a court(s) rules it unconstitutional. e Federal Reserve Unconstitutional Money Regulation by Thomas D. Schauf Acknowledgements: Our country likes to thank our forefathers for the Constitution. The 10th Amendment also states the federal government is only to have those powers expressly granted to it. The Federal Reserve already caused one depression, but abolishing it would only help the economy; banks would have to purchase their own private insurance, which in turn would relate their insurance-premiums to risk-levels. Somewhere along the line Congress decided, probably as the result of bribes, … Constitutional Lawyer Edwin Vieira: "The Federal Reserve Act of 1913 is unconstitutional. In addition, the federal government's power to create money -- lawful money -- is limited only to minting gold or silver coins; paper currency is forbidden. The most I would expect a court to say is that the President does in fact have the right to manage the operations of the Fed day-to-day, if he so chooses, nothwithstanding the terms of the Federal Reserve Act. But it is not—it merely controls how much money gets released to the public. The Constitution grants Congress the power to coin money and to regulate the value. The Federal Reserve is Unconstitutional Saturday, June 13, 2020. Vor der Gründung der Fed war man darauf angewiesen, dass private Unternehmer die Wirtschaft in der Krise wiederbeleben. The US Constitution, the supreme Law of the Land, can only be amended pursuant to Article V. The US Constitution cannot be amended by statute. You start there and you know everything else that there is to know about it. It is not unconstitutional. It was a scheme founded by a secret group of bankers on an island off the Georgia Coast in 1910. So it begs the question, why hasn't the Supreme Court acted upon that?? yeah, nice source "www.federalreserve.gov" really unbiased I'm sure Please Register or Log in to view the hidden image! The Federal Reserve Transparency Act of 2015 was a bill introduced in the U.S. House of Representatives of the 114th United States Congress by Congressman Thomas Massie ().It included proposals for a reformed audit of the Federal Reserve System (the "Fed"). Top Answer. Has the Federal Reserve System ever been audited? 2014-08-18 01:13:48 2014-08-18 01:13:48. The most powerful, influential economic policy-making institution in the country, the Federal Reserve (“Fed”), is an unelected body that is completely unaccountable to the people. Why should the Federal Reserve Board and the Federal Reserve banks be permitted to finance our competitors in all parts of the world?" The Constitutional Basis for Central Banking. 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