Monday, September 10, 2007

TUESDAY LESSONS IN CIVICS-#17







“Just Hitting Another Brick Wall”







LESSONS IN CIVICS & THE CONSTITUTION – L – B


Pennsylvania General Assembly Act III – B



The House Joint Resolution 192 Bill enacted on June 5, 1933, places every person who deals in the public national credit in the legal position of a merchant, and the only jurisdiction over any controversy involving this subject matter is Admiralty and Maritime Law. Obviously, if we cannot pay our debts at law, we are also benefiting from limited liability under the Limited Liability Act when we use this credit - - and that is marine insurance.


Knowing the definitions of “liability” and “insure” will help to convince you of this fact. In analyzing these definitions, try to keep in mind the difference between “payment” and “discharge”. Liability: is a broad term word. It has been defined to mean all character of debts and obligations . . . any kind of debt or liability, either absolute or contingent, express or implied . . . condition which creates a duty to perform an act immediately or in the future . . . duty to pay money or to perform some other service . . . the state of being bound or obligated in law or justice to do, pay, or make good something. Insure: “To engage to indemnify a person against pecuniary loss from specified perils or possible liability”.


Question #1: Who do you think took possession of the treasury of the State of Pennsylvania on June 5, 1933, - - - the moment HJR – 192 made it impossible for the State of Pennsylvania to pay its debts?


Question # 2: Land titles being allodial in Pennsylvania, what was the State Assembly’s authority and jurisdiction to pledge these allodiums to the Federal Reserve as security for loan contracts from the Federal Government?


Question # 3: If the individual citizens of Pennsylvania were indeed “sovereign” under the Common Law - - - what was the authority and jurisdiction of the State Assembly to pledge their labor to the Federal Reserve pool?


It is clear to see that the alleged authority and jurisdiction is the so-called public policy declared by Congress. I will get back to this later.


If all of the assets of the United States have been hypothecated to the Federal Reserve “pool” as security for the maritime loan and insurance underwriting policy, then that raises a couple of questions: Question #1: If the United States “Dies” (or is merged) under a One World Government , who gets the pool? Question #2: If the Federal Reserve “Dies” by way of getting its charter rescinded, who gets the pool?


You can find the answers in the Federal Reserve Act itself: “Should a Federal Reserve Bank be dissolved or go into liquidation, any surplus remaining, after the payment of all debts, dividend requirements as hereinbefore provided, and the par value of the stock, shall be paid to and become the property of the United States and shall be similarly applied”.


31 USC 315B provided that: “No gold shall after January 30, 1934, be coined, and no gold coin shall after January 30, 1934, be paid out or delivered by the United States; provided however, that coinage may continue to be executed by the mints of the United States for foreign countries”. This exception was necessary because foreign countries, being recognized or sovereign, could not be held to the internal public policy of the United States. HJR – 192 was binding only upon those individuals who were beneficiaries of public policy; that being the privilege of limited liability for payment of debt arising out of participation in the Federal Reserve Public Credit System.


Therefore, if you avail yourself of any benefits of the public credit system you waive the right to challenge the validity of any statute pertaining to, and conferring “benefits” of this system on the basis of constitutionality.



Next Week, September 18th, LESSONS IN CIVICS & THE CONSTITUTION – M: Erie Railroad v. Tompkins, 304 U.S. 64 (1938)



“Abouna” Gregori