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Thursday, January 1, 2015

Death Penalty for Debasing Currency: US Coinage Act of 1792

Don't kid yourself that it couldn't happen again in this century. The serfs are waking up, and they're MAD as Hell and won't take it anymore. If bankers' heads and those of their government defenders begin appearing on the ends of pikes, you'll know why!

As most of you know much of our current law was based on English case law. Hence, this was the Royal Mint's disposition of counterfeiters and forgers. The methods employed for carrying out the death penalty are appropriate even today.:

SOLOMON IDSWELL, Deception > forgery, 20th May 1795.

Reference Number: t17950520-26
Offence: Deception & forgery
Verdict: Guilty
Punishment: Death

Our preferred method of punishment would be by "dissected and anatomised". Rehabilitation is not up for reconsideration. That's already been shown to be a failed remedy.Plate IV: The Reward of Cruelty by William Hogarth

Section 19 of coinage act of 1792: death penalty for debasing currency

And be it further enacted, That if any of the gold or silver coins which shall be struck or coined at the said mint shall be debased or made worse as to the proportion of the fine gold or fine silver therein contained, or shall be of less weight or value than the same out to be pursuant to the directions of this act, through the default or with the connivance of any of the officers or persons who shall be employed at the said mint, for the purpose of profit or gain, or otherwise with a fraudulent intent, and if any of the said officers or persons shall embezzle any of the metals which shall at any time be committed to their charge for the purpose of being coined, or any of the coins which shall be struck or coined at the said mint, every such officer or person who shall commit any or either of the said offenses, shall be deemed guilty of felony, and shall suffer death. section 19 of coinage act of 1792

The Federal Reserve debased our currency. Take a look at your coinage. See any gold or silver there?

The founders of this nation knew that banks left to themselves, would substitute cheap metal tokens for real money. They had seen it happen in England, and they saw the results; massive unemployment and poverty for the people.

So the Founders created a monetary system based on government-issued currency of fixed real value, for the use of the people without interest. And the United States flourished.

Then the bankers wormed their way back into the system, bought the Congress and a President, replaced the government issued public currency with currency borrowed from their banks at interest... and debased the gold and silver coinage.

By that last act, every member of the Federal Reserve system (and their enablers in Congress and the Treasury) is in violation of Section 19 of the coinage act of 1792.

Source:  section 19 of coinage act of 1792: death penalty for debasing currency