pericules your refering only to the first part
please read the 2 de part

""nor make anything
but gold and silver coin
a legal tender ...in payment of debts."

now we could be splitting hairs here
but govt[states govts]..cannot make fiat paper legal tender

cannot make credit transactions lawfull

[canot let others break the laws regulating trade/commerce etc..

to wit those business gaining benifits and privledges
under state regulatiions or franchise etc

it cant pay..AT A VERY MINIMUM
any state debt court cost fine wage etc

even state based law judgments cant rule in paper
[nor order the payment in unlawfull tender]

just as per 53 no proposed laws appropriating mioneys or imposing taxation may origonate in senet...[noting the styates gave up ALL Legislative powers in the preamble and chapter 1 part 1

['legislative powers shall be vested in federal parlement']

further part v [51]i
xii
xv1

also note without 58
virtually unknown to be done[especially in states]
the whole of legislation has become perverted

the privatisation of the fed has its fruits
no bill has ever been issued for it to rent the gold and silver to the bankers..yet this has been done globally...the whole monetisation ptrocess has been corrupted

the thing is it will soon collapse
by its own perversions

think how hard it is to remove coin[to bankrupt a country]
but via paper or credit it is as easy as a push of a button
why ya think they want a cashless society for

total control
to hide the vile they have been doing
i couldnt care a hoot about the rich..but like everything else
it will be the poor that will really suffer..thus re valuation of coin[you know the rich will soon get it from them]

top down dont work
lets try bottum up

next time

OUG,Fiat money can work if it is controlled by a Govt with a balanced constitution and not a private group of banksters with personal power and profit being uppermost.The fractional reserve system of banking must end for private banks.Goldmans Sachs in 2008 had leverage of 333:1 They were creating money from nothing,diluting the value of the US peoples' $,for person gain.This is counterfeiting.The Fannie May Freddie Mac scam was theft and they got away with it.

It works this way.The US Govt prints a bond(which is a promise to repay a loan with interest) The US Federal Reserve a private group of banks generates this money in their computers and then dispenses it on behalf of the US people.The US Govt is borrowing it to give it away.This is why Ron paul wants an audit of the Fed.They are a law unto themselves.Billions of $ remain unaccounted for.They have bailed out Aussie banks which very few people know about.

I was hoping the US economy would recover but they cannot even afford the interest owed to the Fed,let alone the principal.The world economy is stuffed because of the Fed.They are the dinosaur that must go.

i agree with you arjay
the thing is govts lending money..
to bailout those they borrow it from*

is clearly a scam..[but why cant others see it]

here we have govt...who was forced by ww1
into issuing more war-bonds
than they had in gold/silver/copper coin

bankers bought up the bonds
then demanded their payment*[in full] in coin

of course govt didnt have the coin
[gold silver or copper]

so the bankers
...made govt declare bankruptcy*

...forced govt ..*to give control of
the federal reserve/treasury and the worlds mints
over to the bankers..[12 bankers]

the story is revealed in
'the creature from jeckle island'

bankers then issued fiat bank money[bills]
[paper 'bank'-bills]..controlled and issued
by the banker's controling the fed etc

the bankruptcy
..liqudation trust holder

in time THEY.. the gold..[de monetised it]
gave it to the bankers

then they did it to silver..[many will recall pounds
worth their weight*..in shillings and penny weights
even dollar=weights]

many will also recall
the words on early bank-notes
saying this note can be redemed at the commonwealthbank
for one pound 'sterling'[silver]coin

[the silver was lost to the people
at decimalisation..when we gave up silver coins
[now valued at 2 dollars a shilling]

ie the value of its silver

for a nice new shinny decimal/NICKLE-ten cent piece
...now containing nickle VALUE..near ten cents*

yet still costing more ..han a nice BANKOnote
costing 7 cents each to print[regardless of face value]

and soon the only way
to pay debt..shall be in credit
[created/issued and held by bankers..at the push of a button]

recall a one cent copper coin?

it has 5 cents worth of copper in it

thus the bankers stole it all..
and next they shall steal our nickle

but
as a matter of..*HRH's honour*..

[after all her face..is on the coin
ASSURING US..OF ITS TRUE WEIGHT's..AND VALUE's]

..any nickle coin*
..should have equal value
to the coin..*in silver

[as constituted*..decreed/in our constitution]
decreed=*[fiat]

I think you may have missed the key point of the Constitution, one under god.

>>pericules your refering only to the first part please read the 2 de part<<

The Constitution was document drawn up to cover the issues of Federation. Its focus was therefore on what is the remit of the Commonwealth, as opposed to the States.

>>govt[states govts]..cannot make fiat paper legal tender<<

Exactly. But the Commonwealth can make legal tender. Out of anything it likes - paper, shells, wampum, whatever. But the States cannot.

So when you say...

>>...even state based law judgments cant rule in paper [nor order the payment in unlawfull tender]<<

...you are absolutely correct, in that they cannot use their own, State-originated currency. But they can ask for Australian legal tender, issued by the Commonwealth.

But you know this, because you have read Section 51.

And please, Arjay, if you don't understand what you are saying, don't say it.

>>Goldmans Sachs in 2008 had leverage of 333:1 They were creating money from nothing,diluting the value of the US peoples' $,for person gain.This is counterfeiting<<

I can only presume that you are referring to the notional exposure that GS had in 2008 to the derivatives market, which was an astounding $40 trillion. Incidentally, ahead of them on that particular ladder were JP Morgan, with $80 trillion.

Let me ask you a question.

Where is that money, now? On which balance sheet can you see it?

Bear in mind that i) US GDP is in the region of $15 trillion, ii) world GDP is around $65 trillion. Such amounts of money do not exactly go unnoticed, if they are in fact real.

Let me explain it to you in simple terms.

You go to the bookies with $1000, which you place on a six-race accumulator. At that point, the bookies potential liability could be astronomical, agreed? Probably significantly more than his entire net worth. But he still took your money.

Derivatives are closely aligned with gambling, and the financial "exposure" is calculated in the same way.

ok i guess..we are narriowing down to a finer point

you said..""Australian legal/tender,..issued by the Commonwealth.""

thats just the point arjay and i are talking about
govt isnt issueing..its lending..[at intrest]
if govt..*'issued'..it would be intrest/free

you clearly are studied in this topic
so lets clarify..how the process goes

govt votes for a money/bill
then someone..generates a bond..[with a set intrest rate]

can we presume the fed..issues the bond
or monetises it?

[like in usa the only one currently converting
the govt bond..into cash is their fed

or is it..the treasury

it certainly isnt the mint
the mint takes its..orders from the fed reserve

[and bankers control the fed]..,NOT govt

but lets expand it

i pay my tax..it goes where..
[which account held in what govt-dept puts it on its ledger in its vault]..thing is the govt/banker..is the fed..

and the fed is an exclusive franchise
controled by the bankers

its all convoluted
treasury should hold all govt funds

so where is our silver and gold?[and copper]

in usa..it could be said to be held at fort-knox
[but the cleaners there report the 'gold'..held in fort-knox is rusting..[and we know REAL GOLD dont rust]

but no/one can audit the fed
no-one can check if fort-knox gold..is really gold

[and it isnt..[no audit]..it was leased-out to bankers
[at 44$..44 cents an ounce]

they sold it onto the market
and made a motza..and if FORCED to return the LEASED gold
havnt got the funds..to buy it back

thus they go/are bust
govt bails them out
to hide the crime

its criminal

but please help us..to explain
here..in this topic
not on some link

it cant be too hard
to say your cash..is here
or there..

or stolen by the fed-reserv/bankers
its gone...

to create it
it goes onto the books
when its paid off
it leaves the books..

thus
no money-trail

aint that just too clever by half
banks make the credit..then lend it to govt
[even selling the 'bond']

thats where it becomes criminal;

''Australian legal tender,[is]
issued by the Commonwealth.""?

how..?
PROVE IT

The Fed is also stealing from you also Pericles.We do not know where a great deal of this money has gone.Remember the Alan Grayson Ben Bernanke interview? Half a trillion $ of public money was unaccounted for.Grayson asked where this money had gone.Bernanke said "I won't tell you." You call that democracy?

Why do you ignore the fact that the Fed is the major source of inflation and destruction of our economies?

The next scam as in the other depressions is to restrict the money supply by increasing interest rates.So now that they have destroyed production in the USA,their derivative scams will collapse pouring their worthless money into the real economy causing hyper-inflation and high interest rates.It will be stagflation.Smaller retail Banks may call in loans forcing people to sell up their houses/assets for a fraction of their value.