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To: sourcery
And printing Federal Reserve notes (instruments of credit, by definition of the term "note") is not at all the same thing as "coining money"

But it IS borrowing money on the credit of the United States, is it not? That IS an enumerated power of Congress, is it not?

32 posted on 11/06/2010 8:09:39 PM PDT by Jim Noble (It's the tyranny, stupid!)
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To: Jim Noble

Since Federal Reserve Notes are not Constitutionally “money,” and since Congress coins no money now, and hasn’t since 1913, and since no State has made any gold or silver coins legal tender, no Constitutionally-valid money exists to be borrowed on the credit of the United States.


33 posted on 11/06/2010 8:21:46 PM PDT by sourcery (Poor Nancy: From Speaker OF the House to...Speaker UNDER the House)
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