“Ever the lawyer, Beowulf dived into Title 31 of the U.S. Code: “Money and Finance.” That Journal article was still rattling around in his head. He was also inspired by ideas from attorney-turned-finance-author Ellen Brown, who in her 2008 book Web of Debt quoted a 1980s-era director of Treasury’s Bureau of Engraving and Printing as saying the government could solve its debt problems by printing large coins. He wasn’t talking about circumventing the debt ceiling, which hadn’t yet become a political football, but he may have been on to something.“
From the November 30 episode of Live Free or Die Radio with Lee Rogers, Lee drew attention (starting at 34:28) to Veterans Today’s Gordon Duff and his elite bio.
“Gordon Duff is a Marine Vietnam veteran, a combat infantryman, and Senior Editor at Veterans Today. His career has included extensive experience in international banking along with such diverse areas as consulting on counter insurgency, surveillance technologies, intelligence analysis,defense technologies or acting as a UN diplomat and “special consultant.”
Duff currently serves on the boards of the Adamus Group, one of the world’s largest energy technology firms and of a private financial institution participating in the Federal Reserve Banking group.
His most recent project adapts advanced military technologies to wildlife and land management in cooperation with the UN, USAID and International Wildlife Federation.“
Is this bio satire?
- “extensive experience in international banking” = willful promotion of debt slavery
- “consulting on counter insurgency” = suppressing legitimate political opposition or suppressing controlled opposition after it has served its purpose
- “surveillance technologies” = it’s not for your safety, it’s for *their* safety
- “intelligence analysis” = we tell you what the intelligence says, and if you want to make your own independent analysis, we’ll say you can’t, in the name of national security
- “defense technologies” = offensive technologies
- “acting as a UN diplomat” = acting as a diplomat for a subversive organization that was given free land for its headquarters by the Rockefellers, whose ultimate goal is a one world government
“Duff currently serves on the boards of the Adamus Group, one of the world’s largest energy technology firms and of a private financial institution participating in the Federal Reserve Banking group.“
Yet why does a Google search for “Adamus Group” turn up more questions than answers, with links on the first page to posts asking for more information about this group?
And serving on the board of a Federal Reserve Bank member bank is no badge of honour, considering the purpose of the Federal Reserve Banks is to serve as a cartel by restricting competition.
Lee Rogers also drew attention to two recent highly suspect articles on the site, which constitute unwarranted fearmongering:
In case this isn’t enough of an indication that Duff isn’t a credible source, see this interview where he says:
“About 30% of what’s on Veterans Today is patently false. About 40% of what I write is at least purposely partially false, because if I didn’t write false information, I wouldn’t be alive.“
From the U.S. Treasury Department’s legal tender FAQ (emphasis mine):
“I thought that United States currency was legal tender for all debts. Some businesses or governmental agencies say that they will only accept checks, money orders or credit cards as payment, and others will only accept currency notes in denominations of $20 or smaller. Isn’t this illegal?
The pertinent portion of law that applies to your question is the Coinage Act of 1965, specifically Section 31 U.S.C. 5103, entitled “Legal tender,” which states: “United States coins and currency (including Federal reserve notes and circulating notes of Federal reserve banks and national banks) are legal tender for all debts, public charges, taxes, and dues.”
This statute means that all United States money as identified above are a valid and legal offer of payment for debts when tendered to a creditor. There is, however, no Federal statute mandating that a private business, a person or an organization must accept currency or coins as for payment for goods and/or services. Private businesses are free to develop their own policies on whether or not to accept cash unless there is a State law which says otherwise.“
One consequence of this distinction is that the U.S. Constitution’s clause stating that no State shall “make any Thing but gold and silver Coin a Tender in Payment of Debts” shows that it is only referring to the constitutional authority of the States to make gold and silver coins legal tender for payment of public and private debts, and doesn’t force private businesses and individuals to accept them as payment for goods and services.
I demonstrated earlier how that clause doesn’t require the States to implement legal tender laws, but if they do, then they are mandated under the Constitution to make only gold and silver coins legal tender in payment of public and private debts, but not for payment of goods and services.
Gary North, in attacking Ellen Brown for her support of government-issued credit, has repeatedly referred to her as a “Greenbacker.”
He states, without reference, that she is “a Greenbacker by confession.“
It’s ironic that North got on his high horse and claimed to have discredited her book, Web of Debt, by pointing to errors in it, yet failed to do research into his own bogus claim that she is a Greenbacker.
The Greenback movement refers to those who supported the issuance of interest-free paper money at the federal level during the Civil War era and in the subsequent years of the late 19th century.
Had North done even the most basic amount of research — which he claims Brown failed to do regarding some of her claims — he would’ve come across her proposal (on page 455) for:
A bill to update the Constitutional provision that “Congress shall have the power to coin money” so that it reads, “Congress shall have the power to create the national currency in all its forms, including not only coins and paper dollars but the nation’s credit issued as commercial loans.”
Calling for a constitutional amendment to make Greenbacks constitutional means that Ellen Brown is not a Greenbacker, since she is saying that the Greenbacks that were issued at the time were unconstitutional, and would be unconstitutional if issued today, until an amendment is passed.
The claim that the Federal Reserve was given a 99-year charter set to expire in 2012 isn’t the only myth surrounding its creation.
There is also the myth that the Federal Reserve Act was passed during the Christmas break when most members of Congress were away. That isn’t true, and there is the official record showing the final vote in the Senate was 54-32 on December 18, 1913.
According to Section 4, part 2 of the Federal Reserve Act, 1913, it says of each of the 12 privately owned Federal Reserve Banks:
“To have succession for a period of twenty years from its organization unless it is sooner dissolved by an Act of Congress, or unless its franchise becomes forfeited by some violation of law.“
Since the Federal Reserve Board’s site shows that all 12 original Federal Reserve Banks are still in operation, their 20-year charter must have been extended.
A 20-year charter was also granted to the First and Second Banks of the United States, and both had their charter terminated. Yes, there was a time when privately owned central banks had time-limited charters, and for good reason, due to the havoc they caused.
“Second. To have succession after February 25, 1927, until dissolved by Act of Congress or until forfeiture of franchise for violation of law.“
Again, since the Federal Reserve Board’s site shows that shows that all 12 original Federal Reserve Banks are still in operation, this provision was either changed with some other time limit, or was never changed.
In fact, it was never changed, and, therefore, their charter doesn’t expire in 2012, and there was never a 99-year charter for the Federal Reserve.
From the January 10, 2013 Wired.com article, Meet the Genius Behind the Trillion-Dollar Coin and the Plot to Breach the Debt Ceiling:
