Thursday, December 12, 2013

Federal reserve notes Are Not Legal Tender

Federal reserve notes Are Not Legal Tender (HJR-192 Repealed 1982)

As of October 27, 1977 legal tender is no longer required and repayment need only be made in equivalent kind; A negotiable instrument. Fidelity Bank Guarantee Trust of New York v Henwood, 307 U.S. 847 (1939). Public Law 95-147.

IN KIND defined: Of the same species or category. In the same kind, class, or genus. A loan is returned "in kind" when not the identical article, but one corresponding and equivalent to it, is given to the lender. See Distribution in kind; In genere; Like-kind exchange.

ALL Federal reserve/Federal Reserve notes Are Without Authority Of Law.

Whereas defined pursuant to section one of HJR-192 “Any such provision contained in any law authorizing obligations to be issued by or under the United States, is hereby repealed.”

Whereas defined pursuant to section 16 of the Federal Reserve Act the Federal reserve notes issued pursuant to section 16 were expressly said to be obligations of the United States. In June of 1933 the authority to issue those section 16 Federal reserve notes was repealed! Resulting with ALL Federal reserve/Federal Reserve notes are without authority of law.

Integrity defined: As used in statutes prescribing the qualifications of public officers, trustees, etc., this term means soundness or moral principle and character, as shown by one person dealing with others in the making and performance of contracts, and fidelity and honesty in the discharge of trusts; it is synonymous with "probity," "honesty," and "uprightness."


"Good faith" means honesty in fact and the observance of reasonable commercial standards of fair dealing.

In Bankruptcy all debts are discharged

"Forgive us our debts, as we forgive our debtors." Matthew 6:12.


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