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A
very important document, The Utah Monetary Declaration, is now circulating
among the citizens of Utah. Though citizens of Utah are attempting to
introduce the basic principles of this declaration into the Utah legislature,
every citizen of every US state and every citizen of every country in the
world should read the below document and note the similarities of the Utah
Monetary Declaration to the US Coinage Act of 1972, which protected the
freedoms of US citizens until they were destroyed by Central Bankers. You
will note that Alexander Hamilton, one of the founding fathers of the
Republic of America, penned the US Coinage Act of 1792. Alexander Hamilton
was so adamantly opposed to the process by which Central Banks create money
today that when he wrote the US Coinage Act of 1792, he believed the no other
threat other than the severe penalty of death would prevent bankers from
deliberately debasing the value of coined money and thus, usurping the
peoples’ freedoms. Today, I’m quite certain that Central Bankers
would label the very man that helped found the Republic of America, were he
still alive, as a terrorist, for his expressed ideals of freedom oppose all ideologies and principles for which a Central
Banker stands.
Alexander
Hamilton equated essential freedoms with the preservation of the purchasing
power of all money. Debase the value of money and we will lose our freedoms.
So then, what does the Central Banker deliberately directed, massive
debasement of all major fiat currencies in the world bode for future
generations? This is precisely why we have recently witnessed the birth of
uprisings all around the world – Greece, Iceland, Ireland, the United
States, the United Kingdom, Spain, Portugal, Egypt, and Tunisia just to name
a few. As we all know, the world’s reserve currency, the US dollar, has
now lost about 97% to 98% of its value and purchasing power since private
bankers created the US Federal Reserve in 1913. Say what you will about the
death throes of the Euro but the US dollar is hanging by a thread right now
as well.
I
urge everyone to:
(1)
Read the below Utah Monetary Declaration;
(2) Discuss it with your neighbors and friends;
(3) Research the parts you may not understand so that you can better
understand the tyranny and complete immorality of our current monetary
system; and (4) Learn why Alexander Hamilton believed the soundness of money
to be inseparable from freedom to such an degree that he advocated not
imprisonment, but death, for the deliberate act of devaluing US coins.
The
freedom to choose the form of money we can use in our daily lives is
inseparable from the ability to live one’s life as a free man and a
free woman. Monetary freedom is inseparable from all other inalienable
freedoms we possess in this life. What we have today is monetary enslavement.
Many of us have lived our lives believing the lies and propaganda about our
current, extremely oppressive monetary system because powerful banking
families have deviously inserted these lies into the textbooks they feed into
our global educational system. Other times, they just insert professors that
they have paid-off to spread their propaganda directly into
“esteemed” (and I use that word very lightly) institutions like
Harvard University, Princeton University and the University of Chicago to
pollute the minds of millions of impressionable youth. It is time we help one
another wake up to the truth about the utter disgrace that we call our modern
banking and monetary system. If we wish to stand in solidarity with our
brothers and sisters around the world in restoring our essential freedoms,
the first pro-active step every citizen in this world must take is to
research and learn why the debasement of monetary value is a direct attack on
the freedoms of every citizen in every district, in every province, in every
state in every country in the world.
As
many people already know, Utah Governor Gary Herbert signed HB317, the Utah
Legal Tender Act into law earlier this year in March of 2011. Though well
reported by the mainstream media as an act that made Utah the first US state
to accept gold and silver coins as legal tender, this interpretation was
erroneous as all federally minted gold and silver coins have always been
accepted as legal tender at their face value in every state inside the United
States. The Utah Legal Tender Act did not change this important Central Bank
restriction on the use of gold and silver coins as money and as a competitor
to their fiat currencies. In the state of Utah, a one-oz
gold American Eagle coin can still only legally be used at its face value of
USD$50 in monetary transactions and not at its current US bullion dealer
price of about USD$1,740. There is no fool that is going to spend a coin
valued at USD$1,740 to buy USD$50 of groceries, so even though the US government
states that gold coins and silver coins can be used as legal tender, that
declaration is the equivalent of telling someone imprisoned in solitary
confinement that he is free to leave any time he wants as long as he can
avoid being shot and killed by the guards if he attempts to escape. Thus, the
Utah Legal Tender Act HB317 truly accomplished nothing in the fight for
freedom other than to exempt all sales of gold and silver coins from the
state capital gains tax.
However,
there is a much more important declaration now circulating among the citizens
of Utah that deserves our attention, the Utah Monetary Declaration, the full
text of which I have reproduced below. This much more important declaration,
if it can reach the Utah legislature and eventually be passed into law, would
be infinitely more important than the Utah Legal Tender Act for it would
grant Utah the power “to monetize gold and silver coin as an
alternative, voluntary medium of exchange, and as an effective check and
balance against debasement of the national currency by the national
government which is constitutionally precluded from demonetizing state legal
tender, through disparate tax treatment, discriminatory regulation, the
threat of suppression and seizure, or otherwise.” One of the essential
tenets of this declaration is the following: “As an essential element
of true liberty and of the pursuit of happiness in a free society, all people
enjoy the inherent and unalienable right to lawfully acquire, hold and use as
a medium of exchange whatever form or forms of money they may prefer,
including especially gold and silver coin.” This declaration is
attempting to enforce the mandates of the US Constitution that the private
owners of the US Central Bank, the Federal Reserve, have directly violated
for nearly 100 years. The Utah Monetary Declaration also attempts to
re-establish the freedoms first established by one of the first laws to
regulate coinage in the United States, the US Coinage Act of 1792. The most
important sections of the US Coinage Act of 1792 were Section 14 and Section
19 as reprinted below:
Section 14. And be it
further enacted, that it shall be lawful for any person or persons to bring
to the said mint gold and silver bullion in order to their being coined; and
that the bullion so brought shall be there assayed and coined as speedily as
may be after the receipt thereof, and free of expense to the person or
persons by whom the same shall have been brought.
Section 19.
And be it further enacted, That if any of the gold or silver coins which
shall be struck or coined at the said mint shall be debased or made worse as
to the proportion of the fine gold or fine silver therein contained, or shall
be of less weight or value than the same out to be pursuant to the directions
of this act, through the default or with the connivance of any of the
officers or persons who shall be employed at the said mint, for the purpose
of profit or gain, or otherwise with a fraudulent intent, and if any of the
said officers or persons shall embezzle any of the metals which shall at any
time be committed to their charge for the purpose of being coined, or any of
the coins which shall be struck or coined at the said mint, every such officer or person who shall
commit any or either of the said offenses, shall be deemed guilty of felony,
and shall suffer death.
The Utah Monetary
Declaration
WHEREAS,
money, as a medium of exchange, a store of value, and a unit of measure
promotes economic activity, growth and productivity by facilitating
specialization and trade, the accumulation of wealth and its long-term
investment, as well as accountability in setting prices, tracking progress,
and settling accounts;
WHEREAS,
natural money – precious metal coin – by virtue of its inherent
qualities of recognizability, measurability,
uniformity, divisibility, durability, portability and scarcity has reliably
retained its purchasing power, notwithstanding periodic fluctuations, over
the centuries and millennia of human history, serving as an effective medium
of exchange and store of value often without any governmental declaration to
require, legitimize or perpetuate its adoption and operation as such;
WHEREAS,
sound money, by retaining stable purchasing power over time, best serves
societal needs by substantially reducing the uncertainty of inflation risk
for creditors and deflation risk for debtors as well as encouraging saving
and investment among the general populace and benefiting the economic zone in
which it circulates by stimulating the economy and by attracting foreign capital
and commerce to the region;
WHEREAS,
history attests that monopolistic monetary systems frequently engender
currency debasement, resulting in serious consequences such as lost
purchasing power, inequitable wealth redistributions, misallocation of productive
resources, and chronic unemployment, and that, as the cornerstone of a free
market and society, the right to choose, whether between suppliers of goods
and services, political parties and candidates, or between alternative media
of exchange, effectively promotes the general welfare;
WHEREAS,
for the equal protection of all people, rich and poor, the open circulation
of complementary and competing currencies should be fostered and promoted by
every sovereign state, including those of The United States of America
pursuant to their monetary powers (expressly reserved in article 1, § 10
and in the 10th amendment of the United States Constitution) to monetize gold
and silver coin as an alternative, voluntary medium of exchange, and as an
effective check and balance against debasement of the national currency by
the national government which is constitutionally precluded from demonetizing
state legal tender, through disparate tax treatment, discriminatory
regulation, the threat of suppression and seizure, or otherwise;
NOW THEREFORE, we the undersigned hereby declare and affirm that:
1.
As an essential element of true liberty and of the pursuit of happiness in a
free society, all people enjoy the inherent and unalienable right to lawfully
acquire, hold and use as a medium of exchange whatever form or forms of money
they may prefer, including especially gold and silver coin.
2.
All free and sovereign states bear the moral, political and legal obligation
not only to refrain from debasing their own currencies (except under the most
exigent circumstances) and from erecting barriers to the unfettered
circulation of monies issued under the authority of their sovereign trading
partners, but also to affirmatively defend and protect against fraud,
counterfeiting, uttering, passing off, embezzlement, theft or neglect by
requiring full transparency and accountability of all state chartered
financial institutions.
3.
No tax liability nor any regulatory scheme promoting one form of money over
another should apply to: (a) the holding of any form of money, in a financial
institution or otherwise; (b) the exchange of one form of money for any
other; or (c) the actual or imputed increase in the purchasing power of one
form of money as compared to another.
4.
Except in the case of government assessed taxes, fees, duties, imposts,
excises, dues, fines or penalties, the authority of government should never
be used to compel payment of any obligation, contract or private debt in any
specific form of money inconsistent with the parties’ written, verbal
or implied agreement, or to frustrate the intent of contracting parties or
impair contractual obligations by invalidating the application of a discount
or surcharge agreed to be dependent upon the particular medium of exchange or
method of payment employed.
5.
The extent and composition of a person’s monetary holdings, including
those on deposit with any financial institution, should not be subject to
disclosure, search or seizure except upon adherence to due process safeguards
such as requiring an adequate showing of probable cause to support the
issuance by a court of competent jurisdiction of a lawful warrant or writ
executed by legally authorized law enforcement officers.
We
hereby urge business leaders, educators, members of the media, legislators,
government officials as well as judicial and law enforcement officers to use
their best combined efforts to reinstate and promote the legal and commercial
framework necessary to establishing and maintaining well-functioning, sound
monetary systems based on choice in currency. The signatories hereto concur
in the general principles expressed in the foregoing declaration
notwithstanding specific reservations some may have as to how such principles
should be interpreted and applied in practice.
We,
at SmartKnowledgeU,
who will continue to fight for monetary freedom in perpetuity as one of our
most important missions, would add one more caveat to The Utah Monetary
Declaration and it is this:
“Immediately outlaw the use of all gold and silver paper
derivatives that allow bankers to create millions of imaginary paper ounces
of gold and silver that do not physically exist in the real world, and thus
allow bankers to defy the basic tenets of supply and demand in manipulating
the spot price of gold and silver futures. If demand for physical gold and
physical silver accelerates and if supplies of physical gold and physical
silver diminish, falling gold and silver prices will no longer be legally accepted
in light of these supply/demand dynamics. Let the price of gold and silver be
dictated only by free market forces of the supply and demand for real
physical ounces of gold and silver and not set by the behavior of a single
ounce of paper gold and paper silver that represents nothing more than what a
piece of paper fiat currency represents – which, of course, is
nothing.”
GOD
BLESS & AMEN.
Justice
Litle
Taipan
Publishing Group
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