Forum Post: A real American Economy according to the Constitution of the United States of America (Part 1):
Posted 12 years ago on Oct. 31, 2011, 11:41 a.m. EST by bromac62
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From Article 1 Section 8, Powers of Congress:
"To coin Money, regulate the Value thereof, and of foreign Coin, and fix the Standard of Weights and Measures;"
1; "to coin money"
This establishes the power of congress to create and issue money in any form they deem necessary to facilitate trade within the population and with our foreign trading partners,in other words, they are free to create anything which they deem can work without restriction in terms of type or species, it simply states that they have the power to "coin money" and nothing more.
2; "regulate the Value thereof"
This establishes that congress and only congress shall have absolute power over every aspect of the management of the money they coin, as there is no way for congress to regulate its value unless they maintain complete and absolute control over it in order to enable them do do that, so it makes any form of private banking system or other financial services in America absolutely illegal and unconstitutional as any private involvement in the system completely negates their ability to do this. This also gives congress the power to regulate the value of the money in any manner than they choose, and it also includes price fixing should they deem it necessary where they have the power to legislate the value of a unit of currency to any standard unit of property they want to relate it too regardless of its circulation. The obvious and intelligent thing would be to back it by the full volume of the useful goods and services it is designed to pay for, and maintain it in circulation to pay for the full extent of them that we are capable of creating in which case the money becomes "sound" and will maintain a consistent value over the long term, but the constitution does not specify this and gives congress absolute power to do anything they want with the national currency, while making absolutely no allowance for the existence of any form of private involvement or business in its creation, distribution or management whatsoever.
3; "and of foreign Coin"
This again gives congress the absolute power to regulate the value of any foreign currency in relation to the public currency they are obligated to create and manage as well. If a British pound sterling will buy about a dollar and a half worth of stuff in England, congress has the power to say that it is only worth 10 cents here. It is there right and duty according to the constitution to do this and they have the absolute power to legislate absolutely any value for any foreign currency or other means of trade for that matter as they choose.
4; "fix the Standard of Weights and Measures"
Hopefully they will have sense enough to leave this one alone and not go metric like the rest of the world has done by now. We currently use base 12 measurements which are divisible by halves, quarters, sixths, thirds etc., and base 8/16/32/64/128 measurements which are infinitely divisible by halves. A meter or a centimeter (base 10) is divisible by half only once and after that you end up with an infinite and ever increasing number of decimals. We have an extremely workable and efficient system by comparison as every single engineer or machinist who has immigrated to this country from another part of the world has found out for themselves. Never the less though, Congress has the power to change this if they choose to do so.
Part 2
"To provide for the Punishment of counterfeiting the Securities and current Coin of the United States;"
Every single federal reserve note and every single dollar worth or credit which is loaned into circulation by any private bank is counterfeit coin and security of the United States. The simple inclusion of the words "United States of America" and "legal tender" on every federal reserve note is a lie and establishes them as counterfeit as well. We have no such thing as a legal constitutional currency in America due to private banks having usurped control of it from congress, and hence the entire United States economy and monetary system is 100 % illegal and unconstitutional and not only is every single dollar, paper and credit, in circulation counterfeit, created by a private bank and pretending to be United States Currency, but the United States Congress is also guilty of treason against the Constitution of the United States in abrogating their responsibility to To coin Money and regulate the Value thereof to private banks so it can be used to consume the nations wealth instead of promote its creation, and then making illegal and unconstitutional laws securing their authority to issue the counterfeit. The constitution calls for punishment of these acts, both in terms of the current private financial industry, which has engaged in the counterfeit, and in terms of the current and all past United States Congress which have abrogated their responsibility and helped them to do this instead. Since control of the United States Currency and the United States Congress has been illegally and unconstitutionally usurped from the people of the United States by private banks, it now falls on "we the people" to effect such punishment and establish a legal, legitimate and constitutional system of government and trade in place of the theft and treason which we have been subjected to thus far, by any and all means which shall become necessary. ....................................
Some may question the United States Congress being given such absolute power and control over this single vital aspect so absolutely necessary to our trade and production, but it is simply and only because they have not exercised this power that we have had next to no trade and production happening at all for the past number of years which can only get progressively less until we force them to do this. Absent the existence of banks and their power to control money and hence Congress as well, the single and only incentive for congress is to do everything within their power to max out our trade and production and our Gross national product to the greatest extent possible, as this means more prosperity for the population, and ever increasing power for Congress and the United States of America on an international level as well, so the single and only body to whom such power can and should belong is Congress itself. This means a real United States Congress, established according to the terms and conditions set forth by the United States Constitution by the people of the United States of America, and not by bribery, trickery, campaign funding and media control by private banks, and a Congress which will govern by the Terms and Conditions established by the Constitution of the United States as well.
We are Americans people, i know for one, that i have sworn an oath of allegiance to the Constitution of the United States, and in doing so committed to defend the Constitution of the United States against all enemies, both foreign and domestic, and by whatever means should become necessary for me to do so as well. So have most of the rest of you too, including each and every member of the United States Military who's duties and obligations in view of the current treasonous and unconstitutional Government remain crystal clear.