DiscussWorldIssues - Socio-Economic Religion and Political Uncensored Debate - View Single Post - does minting coinage incur federal reserve interest?

**xT0U3UGh** · 08-15-2012, 02:56 AM

Lawful money has no usury attached.

Lawful is what is not forbidden.

Usury is forbidden.

Legally interest may be charged.

6% interest is legal.

Edited to add --- Some misguided souls will tell you that it is the SOCIAL SECURITY contract that establishes whether interest is due. These people have not thought entirely through the problem or the concept of "lawful" is foreign to them.

I'm not misguided....social security is the cause of paying the federal income tax.
I have statutes, regulations and court sites that say when you earn 3121(a) "wages" (participating in Social Security) federal tax impositions will be reported and imposed on the earnings.
So far you have not one (1) piece of evidence that private credit (reserve notes....which says is legal tender for private and public debt...so much for the private credit aspect) is the root cause of the imposition on labor.
When I start the tread about how your labor is taxed you'll see where following David Merrill Vanpelt will make a fool out of you.

Furthermore I never said Social Security is the cause of interest to the reserve banks. I said and have always said social security is the root cause of being taxed on your labor....get it straight!

08-15-2012, 02:56 AM	#15
xT0U3UGh Join Date Oct 2005 Posts 427 Senior Member	Lawful money has no usury attached. Lawful is what is not forbidden. Usury is forbidden. Legally interest may be charged. 6% interest is legal. Edited to add --- Some misguided souls will tell you that it is the SOCIAL SECURITY contract that establishes whether interest is due. These people have not thought entirely through the problem or the concept of "lawful" is foreign to them. I'm not misguided....social security is the cause of paying the federal income tax. I have statutes, regulations and court sites that say when you earn 3121(a) "wages" (participating in Social Security) federal tax impositions will be reported and imposed on the earnings. So far you have not one (1) piece of evidence that private credit (reserve notes....which says is legal tender for private and public debt...so much for the private credit aspect) is the root cause of the imposition on labor. When I start the tread about how your labor is taxed you'll see where following David Merrill Vanpelt will make a fool out of you. Furthermore I never said Social Security is the cause of interest to the reserve banks. I said and have always said social security is the root cause of being taxed on your labor....get it straight!
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