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Comments on: Where does money come from? http://www.chuckypita.com/where-does-money-come-from/ Political views even Homer Simpson could understand... Tue, 16 Nov 2010 14:53:01 +0000 hourly 1 http://wordpress.org/?v=3.1 By: Al http://www.chuckypita.com/where-does-money-come-from/comment-page-1/#comment-466 Al Tue, 17 Feb 2009 18:54:43 +0000 http://www.chuckypita.com/?p=398#comment-466 The draft of the constitution stated that congress would have power to borrow money and emit bills on the credit of the United States. Now look at the actual final version of the constitution: the words "and emit bills" are MISSING. Madison's notes show that the power to issue fiat money was not overlooked - it WAS considered and was REJECTED. Therefore, as the federal government (congress, which makes the laws - the executive executes - enforces - the laws; the judiciary interprets the laws) has only the powers enumerated (see the 10th Amendment, which emphasizes this). The federal government has no legitimate authority to do anything not enumerated (itemized, listed) in the constitution; anything that is done outside the enumerated powers is unlawful and is not an act of the legitimate government but is an act of individuals occupying the offices of government. The entire issue by or on (supposed) authority of the federal government of fantasy money is unconstitutional and illegal. Banks are not restrained by the constitution, which only empowers and restricts government. However, when they "create" money out of nothing they commit FRAUD. Just because they have been getting away with this crime for a long time does not legitimize it. The father who imprisoned his daughter and raped her for years, producing several children/grandchildren in incest, got away with his crimes for a long time, but no one (not even he) claimed that this legitimized his acts. The draft of the constitution stated that congress would have power to borrow money and emit bills on the credit of the United States. Now look at the actual final version of the constitution: the words “and emit bills” are MISSING. Madison’s notes show that the power to issue fiat money was not overlooked – it WAS considered and was REJECTED. Therefore, as the federal government (congress, which makes the laws – the executive executes – enforces – the laws; the judiciary interprets the laws) has only the powers enumerated (see the 10th Amendment, which emphasizes this). The federal government has no legitimate authority to do anything not enumerated (itemized, listed) in the constitution; anything that is done outside the enumerated powers is unlawful and is not an act of the legitimate government but is an act of individuals occupying the offices of government.
The entire issue by or on (supposed) authority of the federal government of fantasy money is unconstitutional and illegal.
Banks are not restrained by the constitution, which only empowers and restricts government. However, when they “create” money out of nothing they commit FRAUD. Just because they have been getting away with this crime for a long time does not legitimize it. The father who imprisoned his daughter and raped her for years, producing several children/grandchildren in incest, got away with his crimes for a long time, but no one (not even he) claimed that this legitimized his acts.

]]> By: admin http://www.chuckypita.com/where-does-money-come-from/comment-page-1/#comment-421 admin Wed, 11 Feb 2009 02:54:37 +0000 http://www.chuckypita.com/?p=398#comment-421 Sure - here's an easy response to this MarcKain - allow Congress to coin Gold and Silver as legal tender - just as the constitution says. Fiat, Fake, Paper, Debt based money doesn't work. Never has - never will. Sure – here’s an easy response to this MarcKain – allow Congress to coin Gold and Silver as legal tender – just as the constitution says.

Fiat, Fake, Paper, Debt based money doesn’t work.

Never has – never will.

]]> By: marckain http://www.chuckypita.com/where-does-money-come-from/comment-page-1/#comment-417 marckain Tue, 10 Feb 2009 20:18:49 +0000 http://www.chuckypita.com/?p=398#comment-417 But wait, what about the everyday people. Money is an asset because it can be exchanged for goods. If there were no belief in value of money, then people would only create goods to exchange for other goods or services. Doesn't money just keep track of the value of both goods and services? What other system should be used? If you are going to gripe, propose a solution as well. But wait, what about the everyday people. Money is an asset because it can be exchanged for goods. If there were no belief in value of money, then people would only create goods to exchange for other goods or services. Doesn’t money just keep track of the value of both goods and services? What other system should be used?

If you are going to gripe, propose a solution as well.

]]> By: derrick http://www.chuckypita.com/where-does-money-come-from/comment-page-1/#comment-189 derrick Sun, 19 Oct 2008 18:52:12 +0000 http://www.chuckypita.com/?p=398#comment-189 It's just sad more people have not read this info. Derrick It’s just sad more people have not read this info.

Derrick

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