Tuesday 22 April 2014

Money Money Money - Part 2


from 2012: What's the 'real' truth?: 'Why Jesus Was REALLY Killed: Challenging the Money Changers' - orig. posted at Washingtons Blog - April 20 

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patricia says:

There is no money. Only Federal Reserve Notes, which is debt.
Section 20 of Coinage Act of April 2, 1792 defines Money of account:
” Money of account of the United States
SECTION 20. And be it further enacted, That the money of account of the United States shall be expressed in dollars or units, dismes or tenths, cents or hundredths, and milles or thousandths, a disme being the tenth part of a dollar, a cent the hundredth part of a dollar, a mille the thousandth part of a dollar, and that all accounts in the public offices and all proceedings in the courts of the United States shall be kept and had in conformity to this regulation.”
[ Title 31 MONEY AND FINANCE section 5101 page 320 shortened the term "money of account" to 'money'. If money of account is a silver dollar coin and this term was shortened to money, then by that definition there is NO MONEY!! unless Federal Reserve Notes can be redeemed in money or money of account aka silver dollars or gold.
"The word "money" i substituted for "money of account" to eliminate unnecessary words. As far as can be determined, the phrase "money of account" has not been interpreted by any court or Government agency. …"]
Money of account is the DOLLAR: section 9 of the coinage act of april 2, 1792 says: 371 and four / sixteenths parts of a grain of silver.
DOLLARS or UNITS – each to be of the value of a Spanish milled dollar as the same is now current, and to contain three hundred and seventy one grains and four sixteenth parts of a grain of pure, or four hundred and sixteen grains of standard silver.
HALF DOLLARS – each to be of half the value of the dollar or unit, and to contain one hundred and eighty-five grains and ten sixteenth parts of a grain of pure, or two hundred and eight grains of standard silver.
QUARTER DOLLAR – each to be of one fourth the value of the dollar or unit, and to contain ninety-two grains and thirteen sixteenth parts of a grain of pure, or one hundred and four grains of standard silver.
DISMES – each to be of the value of one tenth of a dollar or unit, and to contain thirty-seven grains and two sixteenth parts of a grain of pure, or forty-one grains and two sixteenth parts of a grain of standard silver.
HALF DISMES – each to be of the value of one twentieth of a dollar, and to contain eighteen grains and nine sixteenth parts of a grain of pure, or twenty grains and four fifth parts of a grain of standard silver.
CENTS each to be of the value of the one hundredth part of a dollar, and to contain eleven penny-weights of copper.
HALF CENTS – each to be of the value of half a cent, and to contain five penny-weights and a half penny-weight of copper.
Does Jesus want us to barter? Use gold or silver pieces carried in pouches without the name of a country on them in payment of goods? Rome had a coin with Ceasar’s profile on it. Perhaps this is what he objected to?


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  • kibitzer3 says:
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  • April 22, 2014 at 4:45 am 

  • Excellent post, Patricia. Back in the mid-70s, after Nixon took the last of gold backing off of the U.S. dollar (read: Federal Reserve Note) and TPTB were starting to really show their looting mentality (from the Right, at the time), I was part of a Taxpayers’ Revolt movement wherein we stamped our pay checks with a notation that we had not been paid in (legal) dollars and which gave the relevant definition source (possibly the one you’ve noted). This act of (legal) rebellion was combined with a (legal) form to our employers that kept them from withholding the federal tax part of our checks. We were ready to go to court to make our case, if it came to that (although at the time, the feds were trying to keep the whole movement quiet). I happened to move out of the country at that time, so I never heard what came of that movement. But it was a valid defense against a wayward federal government. I would recommend its use now as well. 

  • As to ‘what Jesus would do, or wanted’: the higher-conscious way of sharing goods and services with one another is through, in a word, Love; not making the means (of exchange) becoming the end, which was what happened when the system went to an interest-bearing system. And to clarify: ‘usury’ does not mean charging excessive interest. That is/was a copout. Usury IS interest-bearing. The early Christians knew the difference; and that was why it was not allowed, for a long time, as exchange between Christians. (Their ‘loving,’ community-creating and -strengthening practice was called ‘koinonia’ in Greek.) It was the Jews that engaged in it (and got a bad reputation for it; a large part of [the reason for] their vilification over the centuries). And the Templars. Who became the first non-Jewish bankers. And got hugely wealthy by it. Which ultimately brought about their downfall, via the King of France and the Pope, who mistrusted their growing power. And so goes the story of humanity.

  • Down to our own day. It has been all about Power Over. Instead of Power With.

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Ah, how I would really like to get into this subject…

- but - anon, perhaps.

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