Page 144 - Fruits from a Poisonous Tree

128 Fruit from a Poisonous Tree

“About all a Federal Reserve note can legally do is wipe out one debt and
replace it with itself, another debt; a note that promises nothing. If anything
has been paid, the payment occurs only in the minds of the parties in the
idea sphere, not the real world.” – The Miracle on Main Street, by F. Tupper
Saussy
A bona fide note can be used in a financial transaction to discharge the
debt, only because it is an unconditional promise to pay by the issuer to the
bearer. Is a Federal Reserve Note a contract note, an unconditional promise
to pay? At one time the Federal Reserve issued bona fide contractual notes
and certificates, redeemable in gold and silver coin. Most people never saw
or comprehended the contract. It went largely unread because the Federal
Reserve very cunningly hid the contract on the face of the note by breaking
it up into five separate lines of text with a significantly different typeface for
each line, and placing the President’s picture right in the middle of it. They
even used the old attorney’s ruse of obscuring the most important text in fine
print! Over time, the terms and conditions of the contract were diluted, until
eventually they literally became an I.O.U. Nothing.

Lincoln and Kennedy Assassinated

By 1964, there were no more Federal Reserve Notes being issued that
were redeemable for money. In fact fifty million of the very first non-
redeemable notes were shipped on November 26, 1963, the very day JFK was
being buried! Could there be a connection? President Kennedy had issued
Executive Order 11110, on June 4, 1963, ordering the Treasury to print
United States Notes. The most memorable of these notes was the $2 issue.
These notes couldn’t be redeemed for anything any more so than could
Federal Reserve Notes, but at least they had not indebted the People, because
they were issued without debt owing to the Federal Reserve Bank.
Abraham Lincoln also made a similar daring move, ordering the Treasury
to issue paper notes (know as “Lincoln Greenbacks”) rather than borrow bank
notes from the Bank of England. Both Presidents were promptly assassinated.
One of the very first Executive Orders issued by Lyndon B. Johnson as
newly-appointed dictator was for the mints to stop producing silver coins
and to start issuing clad coins made out of copper, nickel and zinc, and other
cheap metals. In this order, Johnson recalled all of the non-interest bearing
scrip. Johnson was demonstrably responsible for the debauching of the U.S.
currency.