Federal Reserve lease expires in 5 days

Then everyone that has FEDERAL Reserve Notes will be broke.

They will be worth nothing!

Because it has been enacted by stealh and so it will be this time again, or something worst will emerge to keep the funny money scheme rolling.

More information please, link etc.

OK shill, what proof do you have? It is a FACT that the federal reserve system was created on December 23 1913, with the enactment of the Federal Reserve Act. The longest possible lease in USA is 99 years am I right? What do you make of this shill?

December 31, 2012 is the correct date...

Bank of Canada, as well..

Want to bet they stick the renewal into the "fiscal cliff" bill.

Seriously?

Bullsh*t..

Thread: Fed and the 99 year lease is BS!!

There never was a "99 year lease" for the Fed. Don't believe everything you read on the woo sites - your head might asplode.


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there is no provision in the act that has sunset clause

[link to www.federalreserve.gov]

See the following from the United States Code:

12 U.S.C. § 341 - General enumeration of powers
Upon the filing of the organization certificate with the Comptroller of the Currency a Federal reserve bank shall become a body corporate and as such, and in the name designated in such organization certificate, shall have power—

First. To adopt and use a corporate seal.
Second. To have succession after February 25, 1927, until dissolved by Act of Congress or until forfeiture of franchise for violation of law. (emphasis added)

The 'charter' does not expire, it must either be "dissolved by [an] Act of Congress" or the franchise will be forfeited if it 'violates the law.' Of course this has never been tested to any fruition. One important note, U.S.C. § 341 also provides that—

Fourth. To sue and be sued, complain and defend,in any court of law or equity.(emphasis added)

So, find a law the Fed broke, take them to court, win, and demand U.S.C.§ 341 (Second) be enforced.

That about covers it I believe.

Because they are distracting us with planned school shootings while they sign up the crooked fed as central bank for another 100 years.

The Federal Reserve is rumored not to be extending the charter after that date essentially making our dollars totally worthless paper.

If true, I wonder how we will buy or sell after that date?

This topic pops up every few days and it's just as baseless as the first time.

There's no 99 year lease. It used to receive 20 year leases, but those stopped when congress made it an institution that exists in perpetuity.

Personally I'd like to see them do away with money all together. Won't happen in this flawed world.

Perhaps when the notes become worthless, the good old trust worthy government will step in and give to the citizens a preloaded 10,000 dollar chip embedded in the skin.

Those who refuse it get nothing.

It's coming sooner than you think.