Mountain Politics

How Banking SHOULD Work. Pt2


Senate report 93-549

The above Senate report is a detailed paper on the bankruptcy of the United States Government.  The Great Depression was an opportunity for the banks to complete their strangle hold on the united States monetary system. In addition to REAL money the Federal Reserve made loans to the United States Government that exceeded it’s reserves of gold to increase the money supply, which they themselves had decreased to trigger the depression. Since paper money has no value, and is only a vehicle in which to convey value, a shortage of money basically depletes the ability of the public to conduct commerce. These Federal Reserve Notes were instruments of debt back only by the “full faith and credit of the United States”, or what is commonly known as Income Taxes. The income tax was originally only applied to artificial persons (corporations), but was later expanded to individuals by extending the 2 year Victory Tax of WW2.

The United States has been under a constant state of emergency since by executive orders which were created in this Act. Giving the president special powers to act outside of Congress.

A complex system was established to bring all monetary exchanges in America and all laws and bureaucracies dealing with these exchanges under the a broad umbrella of ‘commerce’. Since the Constitution of the united States gave the federal government the power to regulate commerce amongst the States, they were able to contract with the public a plethora of regulatory venues in which to carry this to fruition.

One easy example is a driving license.  Again these licenses were originally and actually still are mandatory for commercial “vehicles”  conducting “traffic”.  Let’s look at these words by their legal definition.

18 U.S. Code § 31 – Definitions

(6)Motor vehicle.—

The term “motor vehicle” means every description of carriage or other contrivance propelled or drawn by mechanical power and used for commercial purposes on the highways in the transportation of passengers, passengers and property, or property or cargo.
See the term “commercial  purposes”  : this means that the method of travel in only a motor vehicle if used for commercial purposes , this excludes cars used for personal purposes.

What is TRAFFIC?

Commerce; trade; dealings in merchandise, bills, money, and the like. See Iu re Insurance Co. (D. C.) 96 Fed. 757; Levine v. State, 35 Tex. Cr. R. 647. 34 S. W. 960; Feople v. Hamilton, 17 Misc. Rep. 11, 39 N. Y. Supp. 531; Merriam v. Langdon, 10 Conn. 471.     Law Dictionary: What is TRAFFIC? definition of TRAFFIC (Black’s Law Dictionary)

 These definitions still hold true within the US laws, however, you can voluntarily adhere yourself to the regulations by application for a license.
Are you starting to get an idea that maybe you have been defrauded. You should be.  This type of fraud can be found in any licensing that is applied to non commercial activity.
and Business licenses if no interstate commerce is involved.



One thought on “How Banking SHOULD Work. Pt2

Leave a Reply

Your email address will not be published. Required fields are marked *