The Money Scam

A subject not often studied by the average American, and especially in public schools, is the subject and history of money.

This is an important subject because it touches everyone in society and jurisdiction over creating and regulating its use is the main purpose of government.

This memorandum of law will examine the nature, history, and evolution of our money system and it will prove with credible evidence that:

1. The United States of America republic does not presently have lawful money in circulation.

2. America has not had lawful money since 1933.

3. There is no legal definition for what the word “dollar” means as printed on a Federal Reserve Note.

4. We have three types of currency in place at this time:
4.1. Lawful money minted under the authority of the United States of America Money Act, 1 Stat. 246-251. This money is no longer printed or minted.
4.2. Gold and silver coins issued by the U.S. Mint that are minted pursuant to 31 U.S.C. §5112. These coins are not lawful money because they are not in compliance with the United States of America Money Act, 1 Stat. 246-251, which has never been repealed.
4.3. Private scrip issued by the mint and borrowed from Federal Reserve that has never been approved for “private use” and may only be used internally within the U.S. government under the authority of the Federal Reserve Act.

5. The fact that America does not have lawful money is the direct result of the following factors:
5.1. The United States Government, via the U.S. Mint, refuses to fulfill its constitutional duty to mint money issued under the authority of and in compliance with the United States of America Money Act, 1 Stat. 246-251. This act has never been repealed and therefore MUST be obeyed by the U.S. Congress.
5.2. A state of national emergency is in existence and has been in existence since March 9, 1933, when the Emergency Banking Relief Act, 48 Stat. 1, was enacted. The President refuses his constitutional duty to remove this national
emergency and return to a lawful money system.
5.3. Presidential Proclamation 4074 prevents Federal Reserve Notes from being redeemed in lawful currency (silver coin) as required by 12 U.S.C. §411. This proclamation was issued under the authority of 12 U.S.C. §95b, which unconstitutionally delegates lawmaking powers to the President.

6. Which of the three monetary systems you wish to use is entirely up to you.