HERBERT G PETERS
Andrew Jackson Democrat
Candidate for US Senate, California
34 US Senate Candidates on the Ballot.
The ballots vary; please examine your sample ballot to
find the name of the candidate you choose.
19th Century, not all good
Three Constitutional Entries
Article I, Section 8,
Clause 5, To coin Money, regulate the Value thereof,
and of foreign Coin, and fix the Standard of Weights and Measures;
Article I, Section 8,
Clause 6, To provide for the
Punishment of counterfeiting
the Securities and current Coin of the United States;
I, Section 10, US Constitution: No State shall make Anything But Gold and Silver Coin a tender
in payment of debt. This clause is routinely violated by all 50 states and
the federal government. This would require that you tender gold or silver
coin when paying for your driver's License. When I got my first driver's
license it was 1953 and that license was paid for with silver backed money.
As noted in this link, the
banks were allowed to create money in the loan making process; we had
inflation from the beginning. With inflation came bank runs and many lost all
We started with a precisely
defined dollar; the dollar was defined by Congress in the 1792 coinage act
as 24.1 grams of pure silver or 27 grams of standard silver. Section 19 of
the Act established a penalty of death for debasing the gold or silver coins
authorized by the Act.
The “Supreme Court”
"Supreme Court" did a flip flop on FIAT money. In Hepburn
v. Griswold 75 U.S. 603 (1869) it
ruled that fiat money was NOT constitutional. They were right!
President Grant wanted fiat money legal and had two Supreme Court vacancies.
He nominated and the Senate approved the two federal judges that Grant knew
were for approval of FIAT money.
next ruling in Knox v.
Lee, 79 U.S. 457 (1871), the supreme overturned
Hepburn v. Griswold and FIAT MONEY became the law of the land.
constitution, as written, was not amended, and the Congress follows the
Supreme Court ruling, not the Constitution. Gold and Silver coin sustained in
giving the people a wonderful monetary basis until 1933.
The Destruction of our money
despite campaign promises to defend the gold standard, FDR issued executive
order 6102 in April of
1933 that gold must be turned in to the government. The next month FDR
got a bill from the congress that gave authority to increase
the money supply by $3 billion.
the JFK Presidency, on June of 1963 the printing
of silver certificates was terminated; all dimes an quarters
minted 1965 or later were clad with no silver. The Kennedy half dollar since 1970 are clad with no silver.
1968 the Silver Certificate is only redeemable in federal reserve notes.
no precious metal backing our money in now pure fiat and the government prints
money as ordered by the Federal Reserve.