04-02-2017, 03:32 AM
(04-01-2017, 09:52 PM)Kinser79 Wrote: In short the treasury at least in 1863 had power to issue non-interest bearing paper to pay the bills so it is reasonable to assume it still has that power unless Congress at some point has passed a law somewhere saying that they don't.
You quoted EO 1110, which authorized silver certificates, which is a specific form of US Note which the Treasury no longer has the authority to issue. Such notes still in circulation are valid currency, but they are no longer backed by silver, they can no longer be redeemed in silver dollars. (The intent of EO 11110 was to allow industry access to the silver it needed for manufacturing. Issuing silver certificates allowed them to redeem the certificates in silver which let them build stuff. It had nothing to do with budget manipulation.)
Now the Treasury has issued lots of forms of currency over the years, and you can hopscotch around pulling contradictory stuff from all sorts of past eras, but your original claim is absolutely bogus.
That this nation, under God, shall have a new birth of freedom, and that government of the people, by the people, for the people shall not perish from the earth.