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Topic: Federal Reserve Note

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	Federal Reserve Note - Wikipedia, the free encyclopedia
		Federal Reserve Notes (FRNs, "ferns") is the official comma for the type of banknote used in the United States, more commonly known as a bill (as in "twenty-dollar bill").
		Federal Reserve Notes are currency, with the words "this note is legal tender for all debts, public and private" printed on each bill.
		Federal Reserve Notes are fiat currency, which means that they are not redeemable in gold, silver or any other form of lawful money (even though U.S.C. states "Federal Reserve Notes...shall be redeemed in lawful money on demand").
	en.wikipedia.org /wiki/Federal_Reserve_Note (1318 words)

	Federal Reserve note: Facts and details from Encyclopedia Topic (Site not responding. Last check: 2007-11-07)
		United states notes (also known as legal tender notes because of their payment obligation stating "this note is a legal tender") are characterized by a red seal and...
		The federal reserve act of 1913, also called the glass-owen bill, established the federal reserve system in the united states....
		The federal reserve system (also the federal reserve; informally the fed) is the central bank of the united states....
	www.absoluteastronomy.com /encyclopedia/f/fe/federal_reserve_note.htm (1087 words)

	United States fifty-dollar bill - Wikipedia, the free encyclopedia
		These notes were not primarily designed to circulate, and were payable to the original purchaser of the dollar bill.
		The obverse was similar to the 1914 Federal Reserve Notes, except for large wording in the middle of the bill and a portrait with no border on the left side of the bill.
		The Federal Reserve seal was also changed to a unified Federal Reserve System seal and an additional prefix letter was added to the beginning of the bill's serial number.
	en.wikipedia.org /wiki/U.S._fifty_dollar_bill (1145 words)

	FEDERAL RESERVE NOTE (Site not responding. Last check: 2007-11-07)
		Federal Reserve Note prior to removal of gold to foreign principals of the Federal Reserve Banks.
		In the arguments by which the Federal Reserve Act was passed, the notes were to be redeemable in 'Lawful money' is still defined by the Constitution in units of gold or silver.
		Federal Reserve Note after removal of gold to foreign principals — simply stripped of the evidence of the obligation to redeem.
	www.wealth4freedom.com /truth/money-truth.htm (200 words)

	Federal Reserve Fraud
		Federal Express and Federal Ammunition Company both have the word federal in them but the public knows about them, they know they are not government agencies because they are not misled about the companies.
		According to Jacobson, Federal Reserve Notes are evidence of debt the U.S. Government owes to the owners of the Federal Reserve the payment of which is guaranteed by the collateral of all property and income of all U.S. citizens.
		While the reserves of the goldsmith were gold, the reserves of the Federal Reserve is paper, nothing more than bookkeeping entries that are a record of debt.
	www.ecclesia.org /truth/reserve.html (4036 words)

	Federal Reserve Bank of Minneapolis - Glossary (Site not responding. Last check: 2007-11-07)
		Notes are, in effect, a promise to pay the bearer on demand the amount stated on the face of the note.
		As the nation's central bank, the Federal Reserve has the authority and financial resources to act as “lender of last resort” by extending credit to depository institutions or to other entities in unusual circumstances involving a national or regional emergency, where failure to obtain credit would have a severe adverse impact on the economy.
		Transaction in which the Federal Reserve sells a government security to a dealer or a foreign central bank and agrees to buy back the security on a specified date (usually within seven days) at the same price (the reverse of a repurchase agreement).
	woodrow.mpls.frb.fed.us /glossary.cfm (5916 words)

	Federal Reserve Notes as supplied by EagleTraders.com
		Application is accompanied by tender to the Federal Reserve agent of collateral authorized under the act in an amount equal to the sum of the Federal Reserve notes applied for.
		The Federal Reserve agent shall each day notify the board of governors of all issues and withdrawals of Federal Reserve notes of the Federal Reserve bank to which he is accredited.
		Notes bear upon their faces a distinctive letter and serial number which are assigned by the Board of Governors of the Federal Reserve System to each Federal Reserve bank.
	www.eagletraders.com /advice/securities/federal_reserve_notes.htm (1173 words)

	Safe Haven \| Gold's Hidden Secret: The Moral Hazard Of Fiat Money (Site not responding. Last check: 2007-11-07)
		Federal reserve notes, to be issued at the discretion of the Board of Governors of the Federal Reserve System for the purpose of making advances to Federal Reserve banks through the Federal Reserve agents as hereinafter set forth and for no other purpose, are hereby authorized.
		The said notes shall be obligations of the United States and shall be receivable by all national and member banks and Federal Reserve banks and for all taxes, customs, and other public dues.
		Federal Reserve Notes are doomed to lose their purchasing power, just as the Fed's Inflation calculator shows.
	www.safehaven.com /article-4285.htm (3968 words)

	A Phone Call To The Fed
		Federal agency' is defined as: the executive departments, the military departments, independent establishments of the United States, and corporations acting primarily as instrumentality's of the United States, but does not include any contractors with the United States.
		Examining the organization and function of the Federal Reserve Banks, and applying the relevant factors, we conclude that the Reserve Banks are not federal instrumentalities...
		The original Stockholders of the Federal Reserve Banks in 1913 were the Rockefeller's, JP Morgan, Rothschild's, Lazard Freres, Schoellkopf, Kuhn-Loeb, Warburgs, Lehman Brothers and Goldman Sachs.
	www.rense.com /general29/ringring.htm (2650 words)

	American Currency Exhibit: Federal Reserve Note, $100, 1996
		The words "USA 100" on the thread can be seen from both sides of the note when held up to a bright light.
		On the front of the note, "USA 100" is within the number in the lower left corner and "United States of America" is on Benjamin Franklin's coat.
		Federal Reserve Indicators - A new universal seal represents the entire Federal Reserve System.
	www.frbsf.org /currency/world/future/new100.html (279 words)

	[No title] (Site not responding. Last check: 2007-11-07)
		It is possible to show how the use of the federal reserve note, which is not a true "Note" as defined by the Uniform Commercial Code, can be the basis for the income tax.
		Federal reserve notes, being IOU's (debt obligations of another) are only yours by possession.
		You cannot counterfeit federal reserve notes as they are not money, BUT what counterfeiters have done is encroached on the trademark that caries a registration number on every private note of the federal reserve.
	www.freedomdomain.com /sovereignty/inform35.html (644 words)

	Why a Federal Reserve Note isn't worth a Dollar. (Site not responding. Last check: 2007-11-07)
		Federal Reserve Notes may have been construed by the courts to be "Legal Tender" [see the United States Supreme Court "Legal Tender Cases": Hepburn v.
		However, Federal Reserve Notes were still Redeemable is gold outside these United States of America and the same Federal Reserve Notes were still Redeemable in silver upon demand within these United States of America.
		We now have a "Federal Reserve Note" which does not Promise anything, is not Redeemable on Demand in anything of intrinsic value, and which has been deemed (unilaterally proclaimed) to be "legal tender", but which is not and cannot ever be lawful money of the United States.
	www.geocities.com /tthor.geo/debasedmoney.html (2839 words)

	ILLEGAL FEDERAL RESERVE
		It appears obvious that President Kennedy knew the Federal Reserve Notes being used as the purported legal currency were contrary to the Constitution of the united States of America.
		Federal Reserve Notes continued to serve as the legal currency of the nation.
		On this point, it's interesting to note that the Federal Reserve Act and the sixteenth amendment, which gave congress the power to collect income taxes, were both passed in 1913.
	www.middleeast.org /comments/1/5672.shtml (1701 words)

	Secrets of the Federal Reserve (Site not responding. Last check: 2007-11-07)
		Thus the proposed Federal Reserve Bank was to be "controlled by Congress" and answerable to the government, but the majority of the directors were to be chosen, "directly or indirectly" by the banks of the association.
		The Federal Reserve System began its operations in 1914 with the activity of the Organization Committee, appointed by Woodrow Wilson, and composed of Secretary of the Treasury William McAdoo, who was his son-in-law, Secretary of Agriculture Houston and Comptroller of the Currency John Skelton Williams.
		Because the Federal Reserve Bank of New York was to set the interest rates and direct open market operations, thus controlling the daily supply and price of money throughout the United States, it is the stockholders of that bank who are the real directors of the entire system.
	www.apfn.org /apfn/reserve.htm (16762 words)

	The Creature from Jekyll Island, The Federal Reserve, talk by Edward Griffin
		I came to the conclusion that the Federal Reserve needed to be abolished for seven reasons.
		The board of directors and chairman of the Federal Reserve System are appointed by the President, they're not elected by the banks that are part of the system, the President does that.
		Since it was created in 1913 the Federal Reserve System has presided over the crashes of 1921 and 1929, the Great Depression of 1929-1939, recessions in the years 1953, 1957, 1969, 1975 and 1981, and a stock market Black Monday in 1987.
	www.bigeye.com /griffin.htm (14108 words)

	A phone call to the Federal Reserve - Gold & Silver Forum (Site not responding. Last check: 2007-11-07)
		Federal Reserve This forum is for exposing the workings of the Fed and who owns it...
		We must examine the fractional reserve banking system as being a large pyramid scheme, which by their very nature are illegal.
		It is important to note that a major source of government tax revenue is due to capital gains income, and that once taxpayers start claiming capital losses, the change in tax revenue will be severe.
	goldismoney.info /forums/showthread.php?t=3988 (12061 words)

	FRN Money?
		The federal reserve note is both currency and a debt instrument.
		All federal reserve notes are the private property of the Federal Reserve Banks and are loaned into existence.
		The department of treasury and the department of justice work cooperatively with the federal reserve to make sure that their collection agency has access to the collective wealth of the nation.
	home.comcast.net /~ewhiteside/liberty/money.html (1341 words)

	Question 2
		The very first Federal Reserve Notes were literally "as good as gold," just as United States Government Silver Certificates were "as good as silver." - - -Here is the writing on the first Federal Reserve Note issued in 1914.
		According to Black's Law Dictionary, for a "note" to be a real "note," it must (1) Identify who is paying; (2) State what is being paid; (3) State who is being paid; and, (4) State when payment is made.
		Now, to illustrate some of the modern day deception, let's compare the writing on a modern Federal Reserve Note from your pocket alongside a Monopoly Game "dollar." Here is a picture of a one dollar note from a Monopoly game.
	www.moseshand.com /money/money3a.htm (544 words)

	The Federal Reserve is PRIVATELY OWNED (Site not responding. Last check: 2007-11-07)
		About the Federal Reserve banks, Rep. McFadden said, "They are private credit monopolies which prey upon the people of the United States for the benefit of themselves and their foreign customers; foreign and domestic speculators and swindlers; the rich and predatory money lenders.
		Section 7 of the Federal Reserve Act, passed December 23, 1913, states that much of the profit of the FED should flow into the U.S. Treasury.
		On February 17, 1950, CFR member James Warburg (banker, and architect of the Federal Reserve System) stated before a Senate Foreign Relations Committee, "We shall have one world government whether or not you like it, by conquest or consent." Again, the media remained silent.
	www.worldnewsstand.net /today/articles/fedprivatelyowned.htm (9812 words)

	Federal Reserve Bank Note - Definition of word from Investor Dictionary - Define meaning of Federal Reserve Bank Note
		Federal Reserve bank notes were United States currency banknotes issued by individual Federal Reserve banks.
		They differed from Federal Reserve notes in that they could only be redeemed at the Federal Reserve bank that issued them.
		Federal Reserve notes could be redeemed at any Federal Reserve bank.
	www.investordictionary.com /definition/federal+reserve+bank+note.aspx (199 words)

	A History of Paper Money - Using US Money From 1913 To Date
		At the time this was issued, a "note" was well understood to be a promise of payment.
		The Note was directly redeemable in Treasury debt, but it was not directly redeemable in Gold.
		In fact, this note was "redeemable" in another note just like it, or 10 "$100s", or 50 "$20s", or 1000 "$1s" - you get the picture.
	www.the-privateer.com /paper.html (609 words)

	January 25-28, 2004, The Pre-Long Beach Coin & Currency Auction - Chapter 19
		The notes from Minneapolis are scarce with the second lowest printing of the series.
		Both notes are scarce, but this is the first we have seen from the San Francisco district.
		Four notes from the same pack; Fr-2005-A. 1934, $10 Federal Reserve Note with a Transitional Seal; two Fr-2005-I. 1934, $10 Federal Reserve Notes, consecutive Mules with a Transitional Seal; Fr-2005-L. 1934, $10 Federal Reserve Note.
	www.goldbergcoins.net /catalogarchive/20040124/chap0019.shtml (930 words)

	ERROR NOTES.
		A fresh note that was found years ago.
		THIS NOTE WAS MIS-ALIGNED DURING THE CUTTING PROCESS CAUSING THREE NOTES TO APPEAR IN THE MISHAP.
		PLEASE NOTICE THAT THE RETAINED OBSTRUCTION IS ON THE OBVERSE OF THE NOTE NOT THE REVERSE.
	www.usarare.com /index22.htm (1324 words)

	What is a series 1928A $50 Federal Reserve Note naming the... - Q&A
		What is a series 1928A $50 Federal Reserve Note naming the...
		What is a series 1928A $50 Federal Reserve Note naming the Federal Reserve of Cleveland, OH with Serial number D01600386A worth?
		FAQS.ORG reserves the right to edit your answer as to improve its clarity.
	www.faqs.org /qa/qa-14279.html (207 words)

	US Federal Reserve Note 1938 Birth Year Notes
		US Federal Reserve Note 1938 Birth Year Notes
		1999 $1 Federal Reserve Note S/N L 92831938 L
		1976 $2 Federal Reserve Note S/N E 45670038 A
	usrarecurrency.com /1938BirthYearNotes.htm (219 words)

	US Federal Reserve Note 1976 Birth Year Notes
		US Federal Reserve Note 1976 Birth Year Notes
		1999 $1 Federal Reserve Note S/N L 92831976 L
		1976 $2 Federal Reserve Note S/N E 45670076 A
	usrarecurrency.com /1976BirthYearNotes.htm (171 words)

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