Comment: Why sell money for promissory notes? What would Ron Paul do?

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Why sell money for promissory notes? What would Ron Paul do?

Considered dividing your family money (gold & silver coins are money); if(big sarcastic if) some prefer pieces of paper promising to repay the National Debt, your family money shall soon be parted (in exchange for green promissory notes). The administer is to distribute the property of the estate. Must she sell money for promises?
Several positive references to what Ron Paul has done & advocates for our future. 7 minute Q & A about the dark history of the Federal Reserve & Ron Paul's effort to correct it End the Fed!

YouTube ® January 30, 2008. Finance Professor and US Senate candidate Murray Sabrin superlatively articulate critic of the Federal Reserve and America's disastrous monetary policy. Covers: dark history of the Federal Reserve; gold & silver; what Ron Paul advocates; & what Ron Paul has done to help End the Fed.

"A fool & his money is soon parted." - Wisdom of the ages

Q: Are our green dollar bills, which carry the label "Federal Reserve notes" government money?

A: Federal Reserve notes are actually promissory notes, promises to pay, rather than what we traditionally consider money. They are interest bearing notes issued against interest bearing government bonds, paper issued with nothing but paper backing, which is known as fiat money, because it has only the fiat of the issuer to guarantee these notes.

The Federal Reserve Act authorizes the issuance of these notes,
"for the purposes of making advances to Federal reserve banks... The said notes shall be obligations of the United States. They shall be redeemed in gold on demand at the Treasury Department of the United States in the District of Columbia."

Tourists visiting the Bureau of Printing and Engraving on the Mall in Washington, D.C. view the printing of Federal Reserve notes at this governmental agency on contract from the Federal Reserve System for the nominal sum of . 00260 each in units of 1,000, at the same price regardless of the denomination. These notes, printed for a private bank, then become liabilities and obligations of the United States government and are added to our present $8 trillion debt [ circa 2005 year end. ]

The government had no debt when the Federal Reserve Act was passed in 1913. [Now it is heading toward $18 trillion.]

Q: Who owns the stock of the Federal Reserve Banks?

A:Dynastic families of ... internationalists who are loyal to no race, religion, or nation. They are families (clans) such as: Rothschilds; Warburgs; Schiffs; Rockefellers; Harrimans; Morgans; et al.

Q: Can I buy this stock in the Federal Reserve corporation?

A: No. The Federal Reserve Act stipulates that the stock of the Federal Reserve Banks cannot be bought or sold on any stock exchange. It is passed on by inheritance as the fortune of the elitest class. Almost half of the owners of Federal Reserve Bank stock are not Americans.

Disclaimer: Mark Twain (1835-1910-To be continued) is unlicensed. His river pilot's license went delinquent in 1862. Caution advised. Daily Paul