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January 30, 2018 | We Are No Longer a Nation of Laws! Why?

Donald B. Swenson: Born January 24, 1943, Roseau, Minnesota. Graduated H.S. 1961, Moorhead High, Minnesota. Graduated College 1968, Moorhead State University, Minnesota. Designated member of Appraisal Institute (MAI), 1974. Employed with Western Life Insurance Company, 1968 – 71; Iowa Securities Company, 1971 – 73; American Appraisal Company, 1974 – 81. Part-time teacher/valuation consultant/bartender, 1979 – 2008 (taught workshops at Waukesha County Technical Institute, Wi. and Madison Area Technical College, Wi.). Retired 2008 (part time teacher/blogger), AZ. Self educated economist/philosopher/theologian: http://kingdomecon.wordpress.com.

America is No Longer a Nation of Laws; in Fact, It’s No Longer a Nation

America was founded on the concept called the Rule of Law. In other words, LAW is supposed to govern over the Nation and everyone is supposed to be equal before the Law. This concept is now no longer valid. We are now a Nation of men and illegal cartels which interpret our LAWS to suit their desires. A good example is our monetary system. What is suppose to be ‘legal tender’ for all debts, public and private? Think on this!

 

Read your Federal Reserve Note (the paper note in your wallet) and recognize that it says that ‘This Note is Legal Tender for all Debts Public and Private’. What does this mean? What is supposed to be our ‘legal tender’? A review of our prior Coinage Acts will reveal that ‘legal tender’ for ALL debts must be a physical currency unit (either a paper note or coins or equivalent). The key concept is that ‘legal tender’ must be physical or material. The idea of ‘immaterial’ money units has not been ADJUDICATED.

 

The adjudication of what is ‘legal tender’ resulted in our money units being either Paper Notes (the paper Federal Reserve Note) or the equivalent in metal coins. The idea that our money units could be ‘Digital’ units was not considered nor has it been adjudicated (as of today). Are you aware that ‘Digital’ money units are NOT technically official ‘legal tender’? Are you aware that ‘Digital’ money units are not physical? These units (now ubiquitous) are circulating globally as ‘illegal tender’. Give this some thought!

 

Yes, we now live with a monetary system that is ‘Digital’ and ‘Immaterial’. A new book has been written recently calling our system Capitalism without Capital – the rise of the intangible economy. This book recognizes my perceptions and those of many others who followed the changes which have occured within out monetary arena.

In today’s Wall Street Journal a review of this book was written. The core of the message is that our markets are now mostly ‘intangible’ and this implies what I am saying which is that our markets are now ‘immaterial’. Physical products (like tables and chairs) are less relevant as the new trend involves ‘intangible’ products/assets (like say Facebook or Google). We could say we now live with Capitalism without any real Capital.

This book reveals the evolution of money and the emergence of digital/virtual money units! The author thinks virtual money will change society!

Historically, capital has been some physical item which we use to ‘value’ our production with. Capital was viewed as physical items and our money units were also viewed as physical items (paper notes and coins). The Coinage Act of 1965 spells out what is supposed to be our ‘legal tender’ for all debts (public and private). Our Federal Reserve Bank is supposed to print up paper notes and issue metal coins to represent our stock of money. But what has our Federal Reserve Banking system done?

 

Today, our Central Bank just creates ‘digital’ units and calls these units Federal Reserve Notes. Practically, all our banks today use ‘digital’ money units (mere immaterial numbers) which then flow through their computers as our money. Do we witness any bank vaults in our banks today? I don’t see any. What I witness are computers at all the counters and bankers who just input ‘digits’ (called money) into their various computer accounts.

 

What we have for our monetary system today is a ‘digital’ system which has not been adjudicated as being official by our Congress, Courts, or the Public. It should be viewed as ILLEGAL and the digital units should be viewed as ‘illegal tender’. The entire SYSTEM is illegal and unconstitutional IMO. All our elites running this illegal system should be jailed and prosecuted for illegal activity. Are you AWARE of any of this?

 

Our entire financial system should be viewed as ILLEGAL, UNCONSTITUTIONAL, and CORRUPT. Think about what is happening today. Our Central Banks are trading all our markets and are PUMPING up all our markets with illegal tender. They create this illegal tender by merely ‘typing’ numbers (units of their imagination) in their CENTRAL computer (located behind closed doors). Is this a system which represents LAW and ORDER? Is any of this representative of living by the LAW?

 

I think we need to JAIL all our bankers operating behind closed doors (starting with those in the Eccles Building in Washington D.C. and then those at the New York Federal Reserve building at 33 Liberty Street, New York. Let’s arrest all those who operate the master computers within these buildings (as well as those administering this cartel system) as they are criminals of our existing LAWS. They are pumping out ‘illegal tender’ and calling these money units Federal Reserve Notes. This is criminal behavior!

 

How can a Federal Reserve Note (this paper note in my wallet) be replaced with a ‘digital’ unit which is IMMATERIAL…and which represents ‘nothing’ within our material universe (and still be called ‘legal tender’)? What is a ‘digital’ dollar? Think! Where is a ‘digital’ dollar? Who is creating these ‘digital’ dollars from their thinking (mind) and then flooding the cyber markets with these units of nothing? Think! It’s our CENTRAL BANKS and their proxy commercial banks!

 

Our Central Banks are now trading our markets, pumping up these markets with electronic/cyber digits which they CREATE from their THINKING. Is this ‘legal tender’ according to our existing LAWS? Is any of this LEGAL (per our Constitution). I don’t think so! This is totally ILLEGAL and CORRUPT. All our banks are now part of the problem as ‘digital’ money units are UBIQUITOUS and all these units have not been adjudicated by our courts or by our representatives in our Congress.

 

Ask yourself these questions: What is a DIGITAL dollar? Where is it? How does it get created? Who creates it? What is a number in the computer screen? Is a number a physical unit? Is a digit created from the mind of a banker a physical unit? Should we approve immaterial money units as our ‘legal tender’? What does this mean for trade and commerce going forward? How can units of one’s IMAGINATION be viewed as ‘legal tender’ and grow our international commerce? Think on this! Pass this missive to your friends for their consideration. Let’s expose the corruption! I am: https://kingdomecon.wordpress.com.

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January 30th, 2018

Posted In: Kingdom Economics

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