The Money Masters series of videos on YouTube are very interesting, but the series lack the most important point made only on this site. Fiat currency is produced pursuant to statutory authority, which in the case of Congress is limited to the territory owned by and ceded to the United States of America. This statutory authority to create a Federal Reserve and Federal Reserve Banking System with private banks arises from a proprietary right to administer the territory owned by and ceded to the United States of America.
Nothing especially the money system will begin to change until a President and a Congress take a written oath to “to support this Constitution.”
The fact that the Federal Reserve Bank is a private banking system proves that what almost all Americans believe to be democracy or a representative republic is nothing more than the first modern fascist state after the demise of the ancient Roman Republic.
President of the United States Barack Hussein Obama is being called a socialist and a communist, but he is neither. Obama is a fascist dictator like all 43 Presidents of the United States before him. What can be more obvious than the recreation in Washington, D. C. of a modern socialist democracy modeled after the ancient Roman Republic?
Even after 220 years of fascist rules by the Presidents of the United States the American people can still provide better solutions to the current economic problems than all the government employees in Washington, D. C.
The people can put themselves back in power simply by probing the constitutional qualifications for the different Presidents: President of the United States, President of the United States of America and the Office of President. Do you still think that all the Offices of President are the same? Then you should be able to prove it. Can’t? Become a student.
Dr. Eduardo M. Rivera