If the Supreme Court declared the Federal Reserve to be unconstitional, would that wipe out most of the national debt?

the United states are not in debt, as a matter of fact they are owed a huge sum of money, more money than all the currency's in the world many times over.

Who owes the united States money? Logical question but the answer will throw you off: THE UNITED STATES OF AMERICA.

THE UNITED STATES OF AMERICA is a foreign corporation acting in place of the original jurisdictional government set by the founding fathers. Because the original government of the united States is not allowed to have debt that makes all Citizens debt free (Citizens, not citizens).

http://home.iae.nl/users/lightnet/creator/federalgovernment.htm

If the ron paul movement did this everything would fall into place.

I reserve the right to govern myself.

If I am remembering correctly, the original contract with the shareholders of the Federal Reserve could be ended anytime with the Government paying 250 mill. (could be 450 mill. but it is still pocket change compared to 9 trillion) to buy back the shares owned by private bankers. To the best of my knowledge, this figure does not increase over time and the debt would be eliminated. After all the Federal Reserve didn't loan us their own money from their vaults.

So my answer would be yes we could eliminate the debt by buying back the shares owned by International Bankers.

This was written into the original contract and could have been changed when FDR gave sweeping new powers to the Fed (but I am not aware of any such change).

I am seeking reparations!

I call for the American Reparations Act of 2008 to be filed immediately against the (non)Federal Reserve to reimburse me, and ALL Americans, for the money stolen from us since 1913...

O Captain, My Captain, rise up and hear the bells!

THEY essentialy want us to become the DERIVITIVE COMPANY FOR our own AMERICAN economy...WE would assume all RISK of DEFAULT or FAILURE....FAILURE which by adding the NAT'L debt ,coupled with the tax for this bailout will be a sure thing....Since they will be the ULTIMATE final CREDITOR, because we make them LIQUID, they can BLACKMAIL or SELL us out upon default...NO more AMERICA....RISK that they already have assumed will be tranfered to the U.S. GOV'T , us citizens...
THEY are not transfering wealth ,THEY are about to transfer HUGE RISK that is forseen by them to be an impending DISASTER...END
says

NO.....NO....NO....IT would mearly mean the GOV'T could not get into debt by printing notes for use as CREDIT ...What is due as of TODAY still needs paid back to whoever holds the notes I.E.--- THE CREDITORS.......
IT's not all that complicated......You run a household, most of you. ..YOU go to a BANK to loan for a need or a want... The bank becomes your CREDITOR....If they want their money back & you already spent it ,what do you do??? SELL or loan money elsewhere to hold them off .. I.E.get another creditor...Along the way you add this that & the other thing & after a while you owe too much, more than you are worth, in assets that you can sell...Your in a pickle....CREDITOR demands payment ,you cannot provide ,CREDITOR takes you over or sells you out ...SAME scenario with the so called bailout ,only they added a twist to make it look like it is not forced. .SELL you out & buy you back CHEAP...END of AMERICA as we know it....EVERYONES happy while their country & freedom is flushed down the toilet......BUT we will have HEALTHCARE..YEA.THERE is more.but STOP
says

to any US court?

What if we just said "we're not going to pay it". What's the recourse?
I say give them the finger, not our future.

NOPE.....It would however have a good chance of eliminating all interest charged by the FED on the monetized debt.

Rags make Paper; Paper makes Money; Money makes Banks;Banks make Loans; Loans make Beggars; Beggars make Rags

Let me have it. Its called NESARA and its coming to a town near you !!

nationalizing the FED and the big banks who where its friends.
We could once again print our own money.

http://www.votenader.org/blog/2008/09/10/statement-to-ron-pa...
http://www.flickr.com/photos/57925480@N00/2660779139/sizes/l/

any debt to the fed and the intl bankers cartel would be gone. For all of us!!

no it would not.. the o nly thing that would eliminate this debt would be either it is paid off. (fat chance).. or the government files for bankruptsy or defaults!

I am more concerned about the return of my money than the return on my money. --Mark Twain

The treasury prints the money and sell it to the fed at less than 2 cents per dollar bill. Whether it is a 1dollar bill, a 10 dollar bill a 100 dollar bill they pay
less than 2 cents per bill. They then lend the money back to us at full face value and charge us interest on it. So their mark up is incredible high.
Today everything is computerized but it pretty much works the same way.
The amount of money we would save by dumping the Federal Reserve would be so huge there would be no need for an income tax and other taxes could be eliminated as well. This is all basic knowledge of how the fed functions.

www.ringsiderevolution.com

Restitution?

The Grace Commission instituted in 1980 by Ronald Reagan found that 100% of all the "income" tax we pay goes to satisfy the interest on the national debt. Google it, it's easy to find.

That coupled with the fact that the Fed IS unconstitutional would lead most Americans to say the hell with the money owed the Fed which is privately owned by a few international banking families.

No, be gone with them!

Lets' support a Constitutional banking system.

WHAT IF THERE WERE NO HYPOTHETICAL QUESTIONS? :-)

on any new money, if we didn't just nationalize their assets. They were after all working exclusively with OUR money.

No,

It would only eliminate the debt that was to be paid to Federal Reserve System.

The rest of the debt we would have to suit in court not to pay.

We sort of had this same problem when we got rid of the Continental Dollar.

The Continentals argued but agreed, they had to pay all debts in order to have standing in the world and world markets.

They don't have oversight by us. They make 900% profit each dollar they print.
I think we the people will think they owe us.
Maybe a bit of tar and feathers before we kick them out!

President Wilson said when signing it into law,
The Federal Reserve System was established by President Woodrow Wilson in 1913. The premise used by President Wilson and his financial advisors for the establishment of the Federal Reserve System was to "supplant the dictatorship of the private banking institutions" and "to stabilize the inflexibility of national bank note supplies". The previous system of banking was "feudal" in nature, in which private bankers control communities and could issue their own bank notes. They had little regulations concerning reserve assets and loan policies. Banking was a patch-quilt of institutions scattered across the face of the nation with no central policy.

He said in his papers when he faced death and his maker,

I am a most unhappy man. I have unwittingly ruined my country. A great industrial nation is controlled by its system of credit. Our system of credit is concentrated. The growth of the nation, therefore, and all our activities are in the hands of a few men. We have come to be one of the worst ruled, one of the most completely controlled and dominated governments in the civilized world. No longer a government by free opinion, no longer a government by conviction and the vote of the majority, but a government by the opinion and duress of a small group of dominant men.

Do research folks. Don't wait for the Old Media.

http://www.radicalpress.com/?p=427

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http://youtube.com/watch?v=U9ukh_sDj6M
Watch and feel the power!!!!!!!!!!!!!!!!!

Any chance of restitution?

We simply don't owe it. It was a fraud.

follow the plan suggested by the guys who made "The Money Masters" and as endorsed by Milton Friedman:

http://www.themoneymasters.com/mra.htm

Article 1, Section 8, Clause 17 of the Constitution states that the legislative enactements of the United States are restricted to a 10 mile square. That 10 mile square is the District of Columbia. Thus, the District of Columbia is a Federal "Enclave". The Constitution under Article 1, Section 10 also describes that "No state shall make anything but gold and silver coin a tender in payment of debts."

Being that all legislative enactements are restricted to that 10 mile square (the Federal Enclave), thus the entire Federal Reserve Act of 1913 DOES NOT APPLY OUTSIDE THE DISTRICT OF COLUMBIA. It does NOT apply in the several "States." Especially when you also consider Article 1, Section 10. Believe it or not. What they did, and how they were able to extend the Federal Reserve banking system to extend beyond the District of Columbia was mostly by creating ficticious bills of exchange known as government "Bonds." For example, an automobile company such as Ford could apply for a government Bond, known as an "Industrial bond" and they could put up their "Title" (the Ford "Title" and "Property") as collateral. Then all they had to do was "sign" the bond. The bond would then be placed into the Federal Reserve vaults and registered on their books as an asset - say it was a 100 million dollar bond. They would then print out the number of dollars based upon the amount of the bond. If it were a 100 million dollar bond, then it would be considered a 100 million dollar asset. Thus they would print out 100 million dollars and hand it over to Ford to be paid back with interest. That is why it is such a scam. When Ford pays back the 100 million dollar bond WITH interest, thus they will release the bond back over and hand the bond back over to Ford. You can already see how this was all carved out to be a scam from the beginning. Thus it is the CREDIT of the PEOPLE of the United States whom have financed the entire Federal Reserve all along. When a person goes into a bank (which by the way, is a "Federal Reserve" bank)...ALL banks today are extentions of the Federal Reserve (tis why they issue Federal Reserve Notes). Well, when a person goes into any bank today and applies for a "loan," guess what they do? The person fills out a loan application, that loan application is treated as a "Bond." As a "Bond" it becomes collateral for the loan - such as an "IOU" or "Promise to pay." They then submit it to the Federal Reserve and the Federal Reserve places it in their vaults and then considers it an asset. They then print the money and supply it to the bank. Let's say it's a $25,000.00 automobile loan. After the Fed prints out and supplies the bank with the $25,000.00, the bank then hands the $25,000.00 to the person applying for the loan - or at least to the car dealer - and then the person accepting this loan promises to repay the entire loan WITH interest. Thus it was the person whom FINANCED the loan in the first place. We could pull the string on the Fed OVERNIGHT and it would be a done deal.

Mark of www.ronpaulrevolutionTools.com

But I'm thinkin we need to get back our money from a few folks...

A billion here
A billion there