A search of the United States Code at Findlaw.com produces the following:
TITLE 4 – FLAG AND SEAL, SEAT OF GOVERNMENT, AND THE STATES
+ CHAPTER 2 – THE SEAL
Section 41. Seal of the United States
The seal heretofore used by the United States in Congress assembled is declared to be the seal of the United States.
The following are my comments inserted, primarily, into articles first published on July 11th, A.D. 2001 at http://www.infowars.com/?p=3271, Federal Judge Ruling: George W. Bush is a Felon and The Existentialist Cowboy:
Chief Judge Vaughn Walker of the US District Court in California has ruled that President George W. Bush is a felon. The ruling stems from the case of Al-Harmain Islamic Foundation Inc. v Bush, a case which will now be remembered as making it official that Bush’s program of ‘warrantless spying’ is illegal.
Governments Among Men
The unanimous Declaration of the thirteen united States of America of July 4th, A.D. 1776 (aka “Declaration of Independence”), declares in part, “We hold these truths to be self-evident, that all men are created equal, that they are endowed by their Creator with certain unalienable Rights, that among these are Life, Liberty and the pursuit of Happiness.” This declaration is not only the cornerstone on which The United States of America was built, it is the single most radical statement in Western political history since the time of Judges in the Old Testament.
Removing the Gold & Silver was an Act of War Against the States of the Union.
Article 1 Section 10 Clause 1 of the Constitution of the United States declares in part, “No State shall . . . make any Thing but gold and silver Coin a Tender in Payment of Debts.” This implies that the fifty States of the Union can’t collect taxes or fines or pay their officers and employees or other creditors without a gold- or silver-backed currency.
The dollar bills in your wallet are denominated in all-upper-case words as “FEDERAL RESERVE NOTES”. This language is ambiguous since “FEDERAL RESERVE NOTES” could mean, “Federal Reserve Notes,” “federal reserve notes,” “Federal reserve notes,” etc., etc..
Title 12 (Banks and Banking) of the United States Code, Sections 411 and 415 do not clearly declare but at least imply that there may be two kinds of “FEDERAL RESERVE NOTES”: 1) “federal reserve notes” (under Section 411) and 2) “Federal Reserve notes” (under Section 415). If so, the 411-frn’s are “obligations of the United States” that can be used to pay taxes and are also redeemable in “lawful money of the United States” while the 415-FRn’s appear to be private currency of the Federal Reserve banks that are not expressly suitable for paying taxes, and aren’t redeemable in “lawful money” (gold or silver coin).
On August 6th, Dan Denning wrote:
“Just as all asset classes moved up in a simultaneous bull market from 2003 to 2007, we now have the possibility of all asset classes—equities, property, bonds, and commodities—moving down in a simultaneous bear market. It could be protracted, global, and unavoidable.”
The following section of Title 8 (“Aliens & Nationality) offers some very interesting insight into the difference between “contracting for labor” and “hiring for employment”. It appears that “contracting to obtain labor” might take place at law without the singular “United States” while “hiring for employement” may always take place in equity and “in the [singular] United States”.
The “Greater Fool Theory” declares that it’s possible to make money by foolishly buying over-priced securities and later selling them at a profit because there will always be an even greater fool who will pay an even higher price. The greater fool theory relies on market “optimism” (a.k.a. the “something for nothing” mentality) concerning a particular stock, an industry, or the market as a whole.
Acting under the Greater Fool Theory, a foolish investor buys questionable securities without any regard for their real, intrinsic value, but with the expectation of nevertheless selling them off to another, even greater fool. That next “greater” fool likewise expects to take the overpriced security and sell to a third, “even greater” fool, and so on.
According to John Williams’ Shadow Government Statistics (shadowstats.com), by comparing the overall ratio of “borrowed” to “non-borrowed” bank reserves, we can learn a lot about the health of the U.S. banking industry. The “nonborrowed bank reserves” are the available reserve funds that are owned by the banks, themselves. On the other hand, the “borrowed bank reserves” are primarily those reserves that have been loaned to U.S. banks—primarily by the Federal Reserve’s “special lending operations”.
