Written on March 16, 2012 at 4:12 pm by Tim
I have written on the unconstitutionality of the Federal Reserve System before and how that fiat money is not to be printed by the federal government in any form. The Constitution is clear that only gold and silver coin is to be coined by the government. Those metals are the only metals they have authority to coin. Yet the propaganda machine of the Federal Reserve is now putting out it’s own educational propaganda material in order to teach 8-12 graders otherwise.
The lesson description begins,
The Constitution of the United States outlines the basic principles of the U.S. government. This lesson focuses on the express and implied powers of Congress and the power of the Supreme Court to decide whether a law is unconstitutional.
The description concludes,
Finally, students use their knowledge of McCulloch v. Maryland and the necessary and proper clause to consider the constitutionality of the Federal
The problem is it is a lie. It is an outright lie. There is no “necessary and proper clause” or inference in the Constitution for a Federal Reserve System.
Furthermore, the idea of precedent has gained a lot of ground in the past century. The obvious question should be, why was there no precedent before? Why were central banks opposed before? Because it was known what they were and how detrimental they were to the economy and society. Even today we see it that Ben Bernanke and company are constantly crying “The sky is falling, the sky is falling” in order to manipulate Congress and the economy.
The same twisted thinking constitutionally that is seen in the curriculum is the same thinking that gave us the Federal Reserve and the economic conditions we are in. When Congress decided to pass the Federal Reserve Act of 1913 and create the Federal Reserve System, which is the central bank of the United States, they did so under what they claimed were “implied powers”. However, the Constitution is clear and specific to the powers given to Congress and that is,
Article I, Section 8, Clause 5
To coin Money, regulate the Value thereof, and of foreign Coin, and fix the Standard of Weights and Measures;
When you take what the Constitution says in regards to the State, then you can come to only one conclusion, that only gold and silver coins are to be used as money and since the Congress has the authority to coin money, it should be gold and silver.
Article I Section 10
No State shall enter into any Treaty, Alliance, or Confederation; grant Letters of Marque and Reprisal; coin Money; emit Bills of Credit; make any Thing but gold and silver Coin a Tender in Payment of Debts; pass any Bill of Attainder, ex post facto Law, or Law impairing the Obligation of Contracts, or grant any Title of Nobility.
Had Congress simply stood upon the Constitution rather than conspiring with the Creature from Jekyll Island, our economy would have continued to be strong, we would have remained Constitutional in our money system and our economic cesspool that we have found ourselves in simply would not be. To further the lie that that Federal Reserve System is Constitutional in the public school system is nothing more than propaganda.