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Other => Politics & Society => Topic started by: Liquid on December 30, 2012, 12:01:02 PM



Title: The Federal Reserve is illegal under US Constitutional Law
Post by: Liquid on December 30, 2012, 12:01:02 PM
http://www.youtube.com/watch?v=CDOOr7YRMb0

Interesting Video not much views ~80 lets make it more and Enjoy  ;)


Title: Re: The Federal Reserve is illegal under US Constitutional Law
Post by: Lethn on December 30, 2012, 12:10:36 PM
I already knew the Federal Reserve was unconstitutional and I'm British lol.


Title: Re: The Federal Reserve is illegal under US Constitutional Law
Post by: Liquid on December 30, 2012, 12:42:46 PM
And im Australian lol


Title: Re: The Federal Reserve is illegal under US Constitutional Law
Post by: grantbdev on December 30, 2012, 07:03:21 PM
When was the last time "unconstitutional" stopped government growth? FDR? Even then, barely!


Title: Re: The Federal Reserve is illegal under US Constitutional Law
Post by: hazek on December 30, 2012, 11:27:41 PM
When was the last time "unconstitutional" stopped government growth? FDR? Even then, barely!

Exactly. It's just a PR pamphlet and they sure treat it as such, that's all! I mean it's really stupid to think a piece of paper with some words on it will protect your freedom.  ::)


Title: Re: The Federal Reserve is illegal under US Constitutional Law
Post by: mrvision on December 30, 2012, 11:57:59 PM
What do you think about this?

http://en.wikipedia.org/wiki/Federal_Reserve_Act
on 23rd December 2012 was the 99th anniversary of the Federal Reserve, and 99 years is the longest period of time for a business deal - it has to be renewed after that.

see...
http://en.wikipedia.org/wiki/99-year_lease


Title: Re: The Federal Reserve is illegal under US Constitutional Law
Post by: Nolo on December 31, 2012, 12:03:55 AM
What do you think about this?

http://en.wikipedia.org/wiki/Federal_Reserve_Act
on 23rd December 2012 was the 99th anniversary of the Federal Reserve, and 99 years is the longest period of time for a business deal - it has to be renewed after that.

see...
http://en.wikipedia.org/wiki/99-year_lease

This is completely wrong.  (Except for maybe the 99th anniversary of the Fed Reserve.  I didnt' look that up.)  

There is no time limitation for a business deal/contract in general, unless the contract says there is.  (Now the Statute of Frauds requires contracts that cannot be performed within 1 year to be in writing, but that's something completely different.)  
The 99 year lease you cited to only applies to real property, and I'm not aware of anywhere in the U.S. that it applies.  I believe it's used in Mexico, however.



Title: Re: The Federal Reserve is illegal under US Constitutional Law
Post by: mrvision on December 31, 2012, 12:12:06 AM
What do you think about this?

http://en.wikipedia.org/wiki/Federal_Reserve_Act
on 23rd December 2012 was the 99th anniversary of the Federal Reserve, and 99 years is the longest period of time for a business deal - it has to be renewed after that.

see...
http://en.wikipedia.org/wiki/99-year_lease

This is completely wrong.  (Except for maybe the 99th anniversary of the Fed Reserve.  I didnt' look that up.)  

There is no time limitation for a business deal/contract in general, unless the contract says there is.  (Now the Statute of Frauds requires contracts that cannot be performed within 1 year to be in writing, but that's something completely different.)  
The 99 year lease you cited to only applies to real property, and I'm not aware of anywhere in the U.S. that it applies.  I believe it's used in Mexico, however.



Well... you mean that a gov can have a contract with a private corporation allowing virtually control the country and this contract would never expire?


Title: Re: The Federal Reserve is illegal under US Constitutional Law
Post by: Nolo on December 31, 2012, 12:20:49 AM
What do you think about this?

http://en.wikipedia.org/wiki/Federal_Reserve_Act
on 23rd December 2012 was the 99th anniversary of the Federal Reserve, and 99 years is the longest period of time for a business deal - it has to be renewed after that.

see...
http://en.wikipedia.org/wiki/99-year_lease

This is completely wrong.  (Except for maybe the 99th anniversary of the Fed Reserve.  I didnt' look that up.)  

There is no time limitation for a business deal/contract in general, unless the contract says there is.  (Now the Statute of Frauds requires contracts that cannot be performed within 1 year to be in writing, but that's something completely different.)  
The 99 year lease you cited to only applies to real property, and I'm not aware of anywhere in the U.S. that it applies.  I believe it's used in Mexico, however.



Well... you mean that a gov can have a contract with a private corporation allowing virtually control the country and this contract would never expire?

Aside from the constitutional argument against the fed (which is a complicated subject in and of itself), the answer is yes.  Contracts just don't expire, unless the contract says it does.  They may however, terminate upon completion of the contract.  But theoretically I could enter into a 200 year long contract and it be perfectly valid.  (Although ownership rights in land can get really complicated due to the Rule Against Perpetuities, so ignore that for now, I'm only speaking in general contract terms.)


Title: Re: The Federal Reserve is illegal under US Constitutional Law
Post by: twolifeinexile on February 05, 2013, 04:01:12 PM
What do you think about this?

http://en.wikipedia.org/wiki/Federal_Reserve_Act
on 23rd December 2012 was the 99th anniversary of the Federal Reserve, and 99 years is the longest period of time for a business deal - it has to be renewed after that.

see...
http://en.wikipedia.org/wiki/99-year_lease

This is completely wrong.  (Except for maybe the 99th anniversary of the Fed Reserve.  I didnt' look that up.)  

There is no time limitation for a business deal/contract in general, unless the contract says there is.  (Now the Statute of Frauds requires contracts that cannot be performed within 1 year to be in writing, but that's something completely different.)  
The 99 year lease you cited to only applies to real property, and I'm not aware of anywhere in the U.S. that it applies.  I believe it's used in Mexico, however.



Well... you mean that a gov can have a contract with a private corporation allowing virtually control the country and this contract would never expire?

It is a law and a law could be repealed I guess.