Executive Order forces citizens to turn over all gold to the federal reserve, prohibits ‘hoarding’

(THE LIBERTARIAN REVIEW)   Recently, upon modifying President Bill Clinton’s 1994 Executive Order 12919 which was based on the The Defense Production Act (DPA) of 1950 (50 U.S.C. Appx § 2061 et seq.), President Barack Obama captured the paranoia of the citizens, many of whom had previously never given much thought to what exactly an executive order is, the constitutionality of them, or the content of those issued going back to President Lincoln during the Civil War.

Sadly, it is unknown to the majority of Americans that this presidential tradition is technically an overstepping of the powers granted to the Executive Branch, as outlined in Article II of the Constitution. What is even more frightening are the powers that former (and current) Presidents have granted themselves, mostly in the name of national security or ‘continuity of government’ during a national emergency. Making the matter worse, the definition of national emergency is so vague that theoretically it could mean just about anything. I don’t know about you, but when the federal government can seize the nations food, transportation, factories, farms, water, medicine, and property while controlling where the citizens work and where they can travel, I would like to have a clear definition of what constitutes an emergency.Then again, the order Obama issued on March 16th, 2012 applies during non-emergencies as well, so I guess it is a moot point anyway.

Part 2, Section 201 (b)

… shall plan for and issue regulations to prioritize and allocate resources and establish standards and procedures by which the authority shall be used to promote the national defense, under both emergency and non-emergency conditions.

The U.S. Constitution is absolutely clear without any ambiguity what so ever in the fact that only Congress has the exclusive right to enact all law.

Article I, Section 1. “All legislative Powers herein granted shall be vested in a Congress of the United States, which shall consist of a Senate and House of Representatives.”

However,  in usurping the right to enact law by issuing Executive Orders under the guise of national emergencies, effectively every U.S. President since Abraham Lincoln has been in Excess of Jurisdiction and therefore have committed Treason.

Since the Civil War,  many of these illegal orders have been surrounded in controversy and generally for good reason. Perhaps one of the most shocking abuses of power was Executive Order 6102, issued by Franklin Delano Roosevelt on March 9, 1933, “forbidding the Hoarding of Gold Coin, Gold Bullion, and Gold Certificates within the continental United States”. The order criminalized the possession of monetary gold by any individual, partnership, association or corporation. In layman’s terms, he forced people to hand over their gold in exchange for pieces of paper that as you might have noticed, were subject to the manipulation of the Federal Reserve.

The circumstances of the case were that a New York attorney, Frederick Barber Campbell, had on deposit at Chase National over 5,000 troy ounces (160 kg) of gold. When Campbell attempted to withdraw the gold Chase refused and Campbell sued Chase. A federal prosecutor then indicted Campbell on the following day (September 27, 1933) for failing to surrender his gold. Ultimately, the prosecution of Campbell failed, but the authority of the federal government to seize gold was upheld, and Campbell’s gold was confiscated.

Executive Order 6102 ( full text):

By virtue of the authority vested in me by Section 5 (b) of the Act of October 6, 1917, as amended by Section 2 of the Act of March 9, 1933, entitled “An Act to provide relief in the existing national emergency in banking, and for other purposes,” in which amendatory Act Congress declared that a serious emergency exists, I, Franklin D. Roosevelt, President of the United States of America, do declare that said national emergency still continues to exist and pursuant to said section do hereby prohibit the hoarding of gold coin, gold bullion, and gold certificates within the continental United States by individuals, partnerships, associations and corporations and hereby prescribe the following regulations for carrying out the purposes of this order:

Section 1. For the purposes of this regulation, the term “hoarding” means the withdrawal and withholding of gold coin, gold bullion or gold certificates from the recognized and customary channels of trade. The term “person” means any individual, partnership, association or corporation.

Section 2. All persons are hereby required to deliver on or before May 1, 1933, to a Federal Reserve Bank or a branch or agency thereof or to any member bank of the Federal Reserve System all gold coin, gold bullion and gold certificates now owned by them or coming into their ownership on or before April 28, 1933, except the following:

(a) Such amount of gold as may be required for legitimate and customary use in industry, profession or art within a reasonable time, including gold prior to refining and stocks of gold in reasonable amounts for the usual trade requirements of owners mining and refining such gold.

(b) Gold coin and gold certificates in an amount not exceeding in the aggregate $100 belonging to any one person; and gold coins having a recognized special value to collectors of rare and unusual coins.

(c) Gold coin and bullion earmarked or held in trust for a recognized foreign Government or foreign central bank or the Bank for International Settlements.

(d) Gold coin and bullion licensed for other proper transactions (not involving hoarding) including gold coin and bullion imported for reexport or held pending action on applications for export licenses.

Section 3. Until otherwise ordered any person becoming the owner of any gold coin, gold bullion, or gold certificates after April 28, 1933, shall, within three days after receipt thereof, deliver the same in the manner prescribed in Section 2; unless such gold coin, gold bullion or gold certificates are held for any of the purposes specified in paragraphs (a), (b), or (c) of Section 2; or unless such gold coin or gold bullion is held for purposes specified in paragraph (d) of Section 2 and the person holding it is, with respect to such gold coin or bullion, a licensee or applicant for license pending action thereon.

Section 4. Upon receipt of gold coin, gold bullion or gold certificates delivered to it in accordance with Sections 2 or 3, the Federal Reserve Bank or member bank will pay therefor an equivalent amount of any other form of coin or currency coined or issued under the laws of the United States.

Section 5. Member banks shall deliver all gold coin, gold bullion and gold certificates owned or received by them (other than as exempted under the provisions of Section 2) to the Federal Reserve Banks of their respective districts and receive credit or payment therefor.

Section 6. The Secretary of the Treasury, out of the sum made available to the President by Section 501 of the Act of March 9, 1933, will in all proper cases pay the reasonable costs of transportation of gold coin, gold bullion or gold certificates delivered to a member bank or Federal Reserve Bank in accordance with Section 2, 3, or 5 hereof, including the cost of insurance, protection, and such other incidental costs as may be necessary, upon production of satisfactory evidence of such costs. Voucher forms for this purpose may be procured from Federal Reserve Banks.

Section 7. In cases where the delivery of gold coin, gold bullion or gold certificates by the owners thereof within the time set forth above will involve extraordinary hardship or difficulty, the Secretary of the Treasury may, in his discretion, extend the time within which such delivery must be made. Applications for such extensions must be made in writing under oath, addressed to the Secretary of the Treasury and filed with a Federal Reserve Bank. Each application must state the date to which the extension is desired, the amount and location of the gold coin, gold bullion and gold certificates in respect of which such application is made and the facts showing extension to be necessary to avoid extraordinary hardship or difficulty.

Section 8. The Secretary of the Treasury is hereby authorized and empowered to issue such further regulations as he may deem necessary to carry out the purposes of this order and to issue licenses thereunder, through such officers or agencies as he may designate, including licenses permitting the Federal Reserve Banks and member banks of the Federal Reserve System, in return for an equivalent amount of other coin, currency or credit, to deliver, earmark or hold in trust gold coin and bullion to or for persons showing the need for the same for any of the purposes specified in paragraphs (a), (c) and (d) of Section 2 of these regulations.

Section 9. Whoever willfully violates any provision of this Executive Order or of these regulations or of any rule, regulation or license issued thereunder may be fined not more than $10,000, or, if a natural person, may be imprisoned for not more than ten years, or both; and any officer, director, or agent of any corporation who knowingly participates in any such violation may be punished by a like fine, imprisonment, or both.

This order and these regulations may be modified or revoked at any time.

http://libertarianreview.us/2012/03/28/executive-order-forces-citizens-too-turn-over-all-gold-to-the-federal-reserve-prohibits-hoarding/

3 Responses to Executive Order forces citizens to turn over all gold to the federal reserve, prohibits ‘hoarding’

  • Just one more step in turning "We the People" into serfs with no power…This government is very dangerous to our existance as individuals…I smell the power of the Federal Reserve in all this with puppet Osama…

  • The term “person” means any individual, partnership, association or corporation. If you look up these legal terms you will find that all of them are artificial entities. No man or woman here. No free state Citizens here either. It was a hoax and the ignorant people fell for it.

  • What am I thinking?
    He can go to hell where he was born.

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