UCC Filing cont'dwww.worldnewsstand.net/law/ucc.htm
In 1933 the United
States put its insurance policy into place with
House Joint Resolution 192 (2) and recorded it in the Congressional Record. It was not required to be
promulgated in the Federal Register. An Executive Order issued on April 5, 1933 paving the way for the
withdrawal of gold in the United States.
Representative Louis T. McFadden brought formal charges on May
23, 1933 . against the Board of Governors of the Federal Reserve Bank system, the Comptroller of the
Currency, and the Secretary of the United States Treasury (Congressional Record May 23, 1933 page 4055-4058).
HJR 192 passed on June 3, 1933. Mr. MaFadden claimed on June 10, 1933: “Mr. Chairman, we have in this
country one of the most corrupt institutions the world has ever known. I refer to the Federal Reserve Board
and the Federal Reserve Banks…” HJR 192 is the insurance policy that protects the legislators from conviction
for fraud and treason against the American people. It also protects the American people from damages caused
by the actions of the United States.
HJR 192 provided that the one with the gold paid the
bills. It removed the requirement that the United States subjects and employees had to pay their debts with
gold. It actually prohibited the inclusion of a clause in all subsequent contracts that would require payment
in gold. It also cancelled the clause in every contract written prior to June 5, 1933, that required an
obligation to be paid in gold – retroactively. It provided that the United States subjects and employees
could use any type of coin and currency to discharge a public debt as long as it was in use in the normal
course of business in the United States.
For a time, United States Notes were the currency used to
discharge debts, but later the Federal Reserve and the United States provided a new medium of exchange
through paper notes, and debt instruments that could be passed on to a debtor’s creditors to discharge the
debtor’s debts. That same currency is available to us to use to discharge public debts.