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

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.

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

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):