Exclusive to OpEdNews:
OpEdNews Op Eds

The American Crisis: To Free a Lender-Owned Nation (Part III)

By       Message Clifford Johnson     Permalink
      (Page 1 of 5 pages)
Related Topic(s): ; ; ; ; ; ; ; ; ; ; (more...) ; ; ; ; ; ; ; , Add Tags  (less...) Add to My Group(s)

Must Read 1   Well Said 1   Supported 1  
View Ratings | Rate It

opednews.com Headlined to H3 1/5/12

Author 66549
Become a Fan
  (7 fans)
- Advertisement -

To Free A Lender-Owned Nation

The rich ruleth over the poor, and the borrower is servant to the lender.

Proverbs, 22:7

III.   The Treasury-Fed Coin-Swap Cover-Up 

It depends upon what the meaning of the word "is" is.

  [Bill Clinton testimony]

This is the third of four articles writing up a litigation I filed in federal court in San Francisco on December 28, 2011, against the U.S. Treasury.   Johnson v. Department of the Treasury of the United States, et al. , case No. CV11 6684   (NJV).   The suit alleges suppression of the great benefits that would accrue to the government, if United States notes were to replace Federal Reserve notes.

- Advertisement -

Part I introduces the issues.

Part II explains the scaffolding of facts and law that raises the issues.

Part III summarizes the "Treasury-Fed Coin-Swap Cover-Up," and uncovers the face-value fiat money tax.   

Part IV uncovers the full interest relief, and concludes.

1.   The Embarrassing Coin-Swap Proposal and the 21-Year Old Cover Model

- Advertisement -

This is the "coin-swap question":

  "What is the estimated net benefit, if any, to the government [taxpayer [1] ] of replacing the $1 note with a $1 coin?"

The General Accounting Office last answered this question for Hon. Richard Shelby, ranking member, Committee on Banking, Housing and Urban Affairs, United States Senate, et alia, in the March, 2011 report, U.S. COINS: Replacing the $1 Note with a $1 Coin Would Provide a Financial Benefit to the Government , GAO-11-281, first noting (page 1):

Next Page  1  |  2  |  3  |  4  |  5


- Advertisement -

Must Read 1   Well Said 1   Supported 1  
View Ratings | Rate It

Take action -- click here to contact your local newspaper or congress people:
Dock the debt with new issues of United States Notes!

Click here to see the most recent messages sent to congressional reps and local newspapers

Clifford Johnson is a semi-academic naturalized Brit. He first entered the U.S. as a rah-rah Harkness Fellow. For theater, language, and also as a questionable ex-Brit, Johnson adopts a Tom Paine II persona. His activist credentials comprise serial (more...)

Share on Google Plus Submit to Twitter Add this Page to Facebook! Share on LinkedIn Pin It! Add this Page to Fark! Submit to Reddit Submit to Stumble Upon

Go To Commenting

The views expressed in this article are the sole responsibility of the author and do not necessarily reflect those of this website or its editors.

Writers Guidelines

Contact AuthorContact Author Contact EditorContact Editor Author PageView Authors' Articles
- Advertisement -

Most Popular Articles by this Author:     (View All Most Popular Articles by this Author)

How The One-Dollar Coin Can Cure The Economy

The American Crisis: Deficit Reduction Proposal Snags Treasury Misinformation

Ninth Circuit Leaves Door Open To Suit Against GAO Re Coins Act

The American Crisis: To Free a Lender-Owned Nation (Part IV)

Federal Court Affirms Sweeping "Bully Pulpit" Government Right to Lie: Treasury Can't Be Sued

Monetary Sovereignty? Give Me A Break! (Part I)