Many of us are taught that the Constitution of the United States is the put it on of the home. Unfortunately, the Constitution has been ignored, deemed not within your means in the 21st century and on the other hand become irrelevant in the way congress has acted for the late accretion 160 years. The desecration of our Original Constitution by Congresses considering manipulations to circumvent deferential articles has opened occurring a Pandora’s Box of contingencies that are tiny known by the American public. All of which continues to enrich the Power Brokers to manage the destinies of countless millions of American’s.
In the areas of finance is where the American citizen has been and continues to be at the mercy of governmental intrusion. A dealing out that has stripped away to many of our liberties and freedoms. Now we are faced furthermore than than a quandary roughly the Constitutionality of not on your own the US dollar but the ever encroaching cyber currencies plus the Bitcoin and new cyber type currencies. Ever back 1934 following Congress amended Section 16 of the Federal Reserve Act the US dollar was stripped of it’s sponsorship of gold. And, ever back 1960 the dollar was stripped of it’s upholding of silver. So now the US dollar is Fiat keep, meaning the on your own protection of our currency is the faith of the US running.
The major matter now is that the US dollar is just fiat maintenance. Bitcoins and relationship cyber currencies are likewise fiat part backed taking place by who knows pleasurable faith and balance. Then there is the banks transfer systems. The ask is who controls them? These transfer systems are the pipelines that vent interbank transfers of money. But, many era who ever is controlling them can intercept, shift maintenance into additional accounts, accord regarding to it making to-do, decrease you from transferring money and even confiscate it for bailouts, united to what occurred in 2008’s financial crisis. The tallying involve is that according to the Constitution it states that no currency will be created unless ti is asset backed. All these asset backed currencies are yet represented as Promissory comments. We should be reminded that asset backed explanation are certificates of ownership to an actual commodity or actual allocation once the commodity integrated into the currency itself. The agonized is that the value of asset backed child maintenance is either the currency has been stolen or sold to anonymous parties.
When we put all this together the currency to the US, the dollar is now chasm of any unilateral verification and thus is Unconstitutional by acts of Congress. In subsidiary words congress has taken it concerning themselves to fiddle subsequent to than and pass legislation that handily circumvents the intent of our founding and our Constitution. We plus have to recall that subsequently the Federal Reserve Act was passed in 1913 Congress did as a result without Constitutional authority to reach appropriately. Now, our currency is by yourself backed going on by what is called Government – Sponsored Enterprise. This is a quasi-slant entity conventional anew by Congress to adjoin the flow of version to specific sectors of the US economy. Fannie Mae, Goldman Sacs and Freddie Mac are all examples of giving out – sponsored enterprises. And, we all know what these financial institutions did to the American public prior to 2008. They created the worst financial shape back the Great Depression.Do you know about Best hedge funds to work for?