Liberty Dollar of Chambersburg

The Federal Reserve System is a private, criminal enterprise with the power to counterfeit money. We are forced into using this so-called money under the "legal tender" laws.

The fact is, the U.S. Dollar isn't lawful money and I can prove it. On the front of a dollar it says, "This note is legal tender for all debts public or private?" That's your first clue. It doesn't say it's a dollar, does it? And they're small letters. I think of it as the "fine print." It's not something you're supposed to pay much attention to. What you probably don't know is that the sentence has been shortened. The older Fed Notes said more. There used to be a comma after private, and it went on to say "and is redeemable in lawful money at the United States Treasury or at any Federal Reserve Bank."

The Federal Reserve Note, in and of itself, IS NOT lawful money. It's worthless… intrinsically at least. As a "note," it was borrowed into existence. It is an evidence of debt. The interest on that debt is paid by you, as a taxpayer, via the federal income tax. That's why the federal income tax exists. It's not to run the government. The government ran just fine for 122 years without an income tax. The income tax was designed and implemented to service the debt created by the private banking cartel we call the Federal Reserve System.

A REAL dollar is not a piece of green paper with George Washinton's picture on it. A REAL dollar is defined by the coinage act of 1792. A dollar is a coin containing 412.5 grains of standard silver, or 371.25 grains of pure silver. In actuality, the 412.5 grains of standard, or 90% pure silver, starts out as 416 grains, but eventually it's removed from circulation when it wears down to 409 grains; and that averages out to 412.5 grains while in circulation. 90% of 412.5 is exactly 371.25.

A recent Black's Law Dictionary defines a Federal Reserve Note as follows: "The notes are issued by the Federal Reserve Banks, are effectively non-interest-bearing promissory notes payable to bearer on demand, and are issued in denominations of $1, $5…"etc.

Because the FED has defaulted on their promise to pay lawful money, those green pieces of paper, now, can't even legitimately be called notes. They are, truly, counterfeit money.

As I said, the private Federal Reserve collects the interest via their collection agency, the IRS. For there to be enough money to pay this interest, more money has to be created and placed in circulation, incurring even more debt. So it's a vicious cycle.

With the current unconstitutional monetary system, the national debt can NEVER be paid off! NEVER!! Why? If it was paid off, there would be no money. Think about it. With the exception of base metal, clad pocket change, every U.S. so-called dollar is borrowed into existence. You and I are on the hook for that debt. We are a permanent slave to what is correctly called "debt money." Every year, the American people dutifully pay an income tax which goes to pay that debt. The PRIVATE Federal Reserve system is making a fortune off our labor.

There are no real dollars… just numbers, whether on a Fed Note, check, money order, or electronic digits in your bank's computers. The Treasury Department confirmed this many years ago in a letter I received from them in response to several queries. In a stunning admission, Gene Godley, former Assistant Secretary of Treasury told me in a letter passed through Congressman Bud Shuster that:

Does that sound anything like the definition of a dollar to you? Or, does it sound like congress regulating "the value thereof" in accordance with the constitution?

Mr. Godley was incredibly honest when he went on to say:

"Intrinsically, a Federal Reserve note is only a piece of paper...on which a　 denomination has been imprinted as a matter of convenience..."　

"The denominational indication is only incidental."

When the private Federal Reserve gives the Bureau of Engraving and Printing an order to print up some Federal Reserve Notes, it only costs them about 4 cents per note regardless of whether it's a 1 dollar bill or 100 dollar bill. Question… What makes a piece of paper with Ben Franklin's picture on it worth 100 times more than one with George Washington's picture? The answer… nothing! Each note, or bill, is the same size and weight, and you can't redeem them for lawful money anymore. My pen pal, Assistant Secretary Godley, also explained that if the notes were ever rejected by the American people, as happened in post WW1 Germany with their funny money, the notes would fail totally, regardless of denomination.

That's where we're heading, folks… a totally devalued currency with no purchasing power. No one will want them. Paper money has been tried many times before in the history of the world and it has never worked. It has always failed, without exception.

Believe me, paper is not money. The REAL money is gone. America has been looted by the Federal Reserve. They've stolen our money and enslaved us, our children, and grandchildren. How did they do it? And, exactly who is the Federal Reserve?

America was a free country up until 1913. Woodrow Wilson was President. It was just before World War I. In the year 1913, a band of very powerful bankers finally achieved the goals of their fathers and grandfathers. They seized control of the American government in a silent Coup d'etat. The first thing they did to accomplish this takeover was to convince Philander Knox, then Secretary of State, to lie to the American people that the Sixteenth Amendment to the Constitution, the income tax amendment, had been legally ratified by the States earlier that year when it had not. That's when Americans were first led to believe there was a tax on their labor, and these powerful bankers knew this tax would eventually wind up in their pockets.

The current congress and President are aware of this fraud! There was even a recent court case where U.S. District Court Judge James Fox pointed out in 2003 that a sufficient number of states never ratified the amendment.

Later in that same year of 1913, the bankers committed an even more diabolical fraud on the American people. They bribed Senators to pass the unconstitutional Federal Reserve Act. The act was passed into law during the Christmas Holidays when many Senators were home with their families and couldn't vote against it.

In the present day, what we've been left with is an unholy alliance between congress and the Federal Reserve. It's good for the FED because they get to print as much money as they want and give it to their friends under terms congress has no control over. Recent events certainly prove that point. It's good for congress because they don't have to increase our taxes, and that gets them reelected. Whenever they need more money for their pet programs, they just turn to the FED and borrow what they need. Of course, it's not really "borrowing" because the FED simply creates the "money" out of thin air, but "taxpayers" are on the hook for the additional debt.

A big problem with this arrangement, of course, is that we consumers have to pay ever increasing prices for goods and services because congress and the FED keep increasing the money supply. In a time when prices should actually be going down due to technological advances and higher productivity, prices continue going up because the supply of money is increasing faster than production. It's the classic case of too much money chasing too few goods… thus, higher prices.

We are lied to, told that the Federal Reserve fights inflation. The true definition of inflation is… an increase in the money supply. That's what the Fed DOES!!! They don't fight inflation… they cause it!!

Inflation is the largest and cruelest tax of all. But cheap, slave-labor imports help hide the true effects of this disastrous Fed monetary policy. That's one reason the government pushes the so-called "free trade" agreements. It enables America to be flooded with cheap imports, but it's at the expense of American jobs. Remember Ross Perot talking about that loud sucking sound? It was American jobs going overseas. That's exactly what has happened. FED monetary policy made it all possible.

We are being lied to and deceived on a daily basis. The biggest lie of all, however, is the one promulgated by the Federal Reserve and U.S. Mint that Fed Notes and the junk base-metal coins cranked out by the Mint are actually money. It flies in the face of what the U.S. Constitution mandates… and that is, ONLY gold and silver shall be used as legal tender. Gold and silver ARE money, and have been for thousands of years. The Constitution is the Supreme Law of the Land. What don't our public servants understand about that? Don't they take an oath to support and defend the Constitution?

It doesn't seem like it was very long ago that I could go down to the local gas station and buy 4 gallons of gas with a one-dollar Fed Note. The amount of silver backing that old Fed Note will still buy you 4 gallons of gas. A one dollar Fed Note today, however, with no silver backing, won't even buy half a gallon of gas. It's not that prices are going up so much as it's the value of the FED's "funny money" going down. When you think about it, it's not just gasoline that costs more, but just about everything else we purchase.

If we go further back in time, let's say a couple of thousand years back to Rome, you could buy a toga, hand-crafted belt and a pair of sandals for an ounce of gold. That same ounce of gold today will still buy a nice suit, handcrafted belt, and a pair of shoes. The truth is, REAL money doesn't lose its value over time, while the FED's counterfeit money has lost 96% of its value just since 1930.

Henry Ford once said,

We have been duped, lied to, and programmed in order that a cartel of our nation's largest banks, deceptively called the Federal Reserve, can control us.

Felix Frankfurter, former U.S. Supreme Court Justice said, "The real rulers in Washington are invisible, and exercise power from behind the scenes."

A former mayor of New York (1918-1925) John F. Hylan said, "The real menace of our Republic is the invisible government which, like a giant octopus, sprawls its slimy legs over our cities, states, and nation."

Meyer Amschel Rothschild got it down to net. "Permit me to issue and control the money of a nation, and I care not who makes its laws."

Were all these men liars? I don't think so. Globalism and the push toward a world government are on the increase. The spirit of Anti-Christ is alive and well. Privately owned central banks around the world control the issuance of money, and by cooperating with their multi-national corporate partners, they control their respective nations, and wage wars for profit.

The arrogance of our world leaders and their minions is unbelievable. Quoting Robert Reich, one of President Clinton's trusted advisors and former Secretary of Labor, "The dirty little secret is that both houses of Congress are irrelevant. ... America's domestic policy is now being run by…the Federal Reserve, and America's foreign policy is now being run by the International Monetary Fund [IMF]. ...when the president decides to go to war, he no longer needs a declaration of war from Congress."

If you have any relatives serving in the Armed Forces, listen to what Henry Kissinger thinks about them:

"Military men are just dumb stupid animals to be used as pawns in foreign policy."

That's from Woodward and Bernstein quoting Kissinger in chapter 5 of their book, Final Days.