Bruce G. McCarthy

Considerable confusion exists as to what type of politcal and economic system our forefathers intended for us, our present system manifesting a mere shadow of its former substance. These, and other changes, resulted from a more subtle transformation, however - the abandonment of our father's faith.

A nations's religion will ultimately determine their political system. Politics is, simply, the administration of the spiritual/religious tenents of a particular nation [people / race].

A Bible-based society calls upon its political system to enforce the laws of GOD, which nature all encompass economic laws relating to just weights/measures, usury, and other protections of life, liberty and property. Alternatively, a humanist world view gives rise to systems favoring those occupying the 'seat of authority,' in which reposes the faith [or credit] of its subjects.

"When plunder has become a way of life for a group of men living together in society, they create for themselves in the course of time a legal system that authorizes it and a moral code that glorifies it."
- Frederic Bastiat in "The Law"

There are two sources of religion and corresponding rules of conduct [law], a portion of which rules establish either of two counterpoised economic systems - one free and decentralized, the other regulated and centralized. These two sources are - GOD and man.

Theocracy [Greek: theos = God + krateein = to make rule]

Democracy [Greek: demos = man + krateein = to make rule]

The Bible addresses democracy [man's majority rule], but not too favorably...

"Thou shalt not follow a multitude to do evil." - Exodus 23 vs 2

Man, tending to do 'evil continually' [Genesis 6 vs 5], cannot make law in the common or general sense, being restricted to a granting of privileges [Latin privius = private + lex = law], such bonds of law arising out of contrac. Common [to all Israel] Law, alternatively, is of GOD.

"...the LORD is our lawgiver."
- Isaiah 33 vs 22.
"There is one lawgiver..."
- James 4 vs 12.

The grant of privilege by government, an expanding pastime of late, originates with the Civil [Latin: civilus = citizen] Law and Law per se.

"Jus civile est quot sibi populus constituit, The civil law is what a people establishes for itself."
- Bouvier's Law Dictionary, 3rd revised edition, volumn 2, citing Inst. 1.2;1 Johns [NY] 424, 426.

Each major division of jurispurdence [Law and Civil Law] has its respective economic system; one [Common Law] based on substance [e.g. gold/silver] created by GOD [John 1 vs 1-3] and subject to laws of Scripture, the other [Civil Law] one posited on 'credit' [faith] in an elite 'group of men' with power to 'legally' regulate [and plunder] the masses.

Gold and silver were used as a medium of exchange thoughout most of recorded history, even back to our father Abraham [Genesis 23 vs 12-16]. Therefore a system was needed to weight and measure someTHING [gold/silver] used as money, the U.S. adopting a decimal system [dollars and cents] rather than the Avoir du pois, Troy or 'shekel' of a much earlier timeframe. Unfortunately, few people recognize 'dollar' as a unit of WEIGHT MEASURE rather than a tangible thing.

Just as concrete is denominated [or expressed] in cubic yards and milk is measured in quarts, so too silver and gold were expressed/weighed in dollars. There is, therefore, no such 'thing' as a concrete cubic yard, a milk quart, or a silver [gold] 'dollar'.

The first real estate transaction in the Bible [Genesis 23 vs 16] was consumated in silver. God commanded Moses to receive gold, silver and brass [U.S. monetary metals until recently] as offerings in the tabernacle [Exodus 25 vs 3 and 35 vs 5], while Godly traits were frequently compared to gold and silver [Psalms 119 vs 72 and Poverbs 3 vs 13-14]. The Ark fo the Covenant [Exodus 25 vs 11-18] was overlaid with gold, while silver was used [Levitcus 27 vs 3, etc.] for estimating values.

The metals were/are not the object of God's wrath, but rather their improper use. And silver being "thrown into the streets" [Ezekiel 7 vs 19] does not mitigate against its lawful use any more than the LORD's anger [Ezekiel 7 vs 22] concerning his 'secret place' condemns proper worship.

Accurate and lawful delivery/payment of any substance requires three elements or indicia - all present in Genesis 23 vs 16:

  1. Quantity symblol - e.g.
  2. Unit of measure - 'shekel'
  3. Substance - 'silver'

Such was also true when our monetary system consisted of gold or silver. Our pre-1934 gold coins, for instance, were weighed using the decimal [dollar/cents] system.

The pre-1965 silver coins [and pre 1935 'dollar'coin] illustrates a similar harmony - except for using a different decimal system than for measuring gold.

This introduced confusion, the $1.00 silver coin weighning 16 times more than the 1.00 gold coin, contrary to law.

"Thou shalt not have in thy bag divers weights, a great and a small. Thou shalt not have in thine house divers measures, a great and a small. But thou shalt have a perfect and just weight, a perfect and just measure shalt thou have; that thy days may be lengthened in the land which the LORD thy God giveth thee."
- Deuteronomy 25 vs 13-15

Attempting to equalize the subjective value of two dissimilar metals by having them coined in different sizes/weights eliminated the need to state all three elements. A $1.00 sum could be paid in gold or silver - but without mentioning either metal. For generation we have used two-thirds of an expression as if it were complete and accurate. Not so!

  1. Quantity symbol - 'Ten'
  2. Unit of measure - 'Dollars'
  3. Substance - '???'

If, pursuant to Bible Law, both $1.00 coins had weighed the same, a SUBSTANCE would have been named prior to payment. Otherwise, a 1 once silver coin would be tendered in lieu of a 1 ounce gold coin by virtue of it being cheaper - had we weighed coins in ounces.

Violating that one simple law allowed for gold and silver to be withdrawn from circulation - almost without notice. We still had 'dollars' you see. But today, a dollar measures intangible CREDIT - no money remaing in general circulation.

"And you recall, the Federal Reserve System works only with credit."
- Keeping Our Money Healthy, Federal Reserve Bank of New York, pg. 12 [revised April 1977]

And intangible credit needs no system of weights and measures. Since noTHING is used as money - you've noticed tax, bank and sales statements often display raw numbers [quantity symbols] only!

  1. Present valuation - 567.00
  2. Current balance - 326.47
  3. Price - 2 for 8.99

The post-1965 copper/nickel [Cu/Ni] tokens demonstrate a serious departure from a common sense law of just weights and measures. A Susan B. Anthony disc, for instance, is declared to be double the sum of 'money' in the Kennedy token. Yet both of them are of identical metals. And a 'dime' coin contains far less Cu/Ni than a five cent coin, so obviously Cu/Ni coins are not being measured in dollars/cents, but rather the public's faith/credit [Latin: credere = to belive] in legal plunder.

When tokens are made of paper, even greater faith is needed,and the public responds admirable. One piece of paper can be $1 or $100 of the 'money' - no questions asked. A check, in fact, can be ANY amount of it. But notes are but promises to pay money and checks mere orders to pay it.

"All the paper money issued today is Federal Reserve notes.The real backing for the nation's money is faith in the srength, soundness and stability of the American economy."
- The Hats the Federal Reserve Wears, FRB of Philidelphia, pg. 4

Just as deeds to land cannot BE land, a promise [or order] to pay money cannot be the money. That this popular delusion can assert such folly lies in the fact goods and services can be OBTAINED with or without payment, as any debtor knows. The legal ramifications underlying these differences are extraordinary, however, although ignored by entire populations blissfully pursuing the philosophy that 'the end justify the means'.

Before 1934 the common Federal Reserve banknote had in the upper left corner the statement taking up four lines of fine print. (as soon as I can scan in a picture of the area I will Ed.) They said REEDEMABLE IN GOLD OR SILVER AT THE UNITED STATES TREASURY OR IN LAWFUL MONEY AT ANY FEDERAL RESERVE BANK.

If, as the pre-Depression note claims "The United States...WILL PAY...(the amount of 'dollars') gold or lawful money..." then the note is neither money, nor the amount specified.

Following House Joint Resolution 192, the fine print to the left of the portrait was altered, deleting any mention of gold since it was now against 'public policy' for debts to be paid in gold. The term 'lawful money' was, however, retained.

"The terms 'lawful money' or 'lawful money of the United States' shall be construed to mean gold and silver coin of the United States.
- Title 12, U.S. Code, Section 152 [12 USC 152]

Since 1963, these 'notes' claim to BE a quantity of what they heretofore only promised to pay, by craftily omitting an already [did they know from the outset?] thin line "...will pay to the bearer on demand..."

"So what - I can spend it!" decry the hapless victims of credit. But if they honestly believe in credit [did we just create an endless circle?], they must admit the first two notes SHOULD hve cost the FED $10.00 of gold [or silver], plus a tiny sum for printing. Current bills thus cost them nothing, monetarily speaking, being redeemable in no money! This translates directly into phenomenal economic/political clout - for SOMEBODY.

"Power tends to corrupt, and absolute power corrupts absolutely."
- Lord Acton

Circumventing the basic law of just weights/measures centralized ecomonic activity in a state/banking 'combine' which solely determines how much money [credit] to create, for whom, and at what cost. Natural resources [proof of God's labor - Genesis 2 vs 2], augmented by our own labor, no longer determines the money supply. Banks now 'create' and doth provide.

"The Federal Government, with the cooperation of the Federal Reserve, has the inherent power to create money - almost any amount of it."
- The National Debt, Federal Reserve Bank of Philalelphia, pg. 8

Concurrent with a credit system is a need to conceal the fraud perperated by those engaged in [theft by] principal creation. A simple method is a fee for the loan of nothing. Usury [interest per Bible and Old English law] created a mathematical dilemma, however. For the debtors anyway. How does one return to a sole source [the banks] more than they loaned into circulation? How do we repay 4 eggs on a 3 egg loan - when the banks own all the chickens? [Note: For simplification, imagine one bank and a total money stock of 3 [borrowed] eggs.

To resolve this minor problem [yours - not the banks's] required more debtors to bring new 'dollars'into circulation for repayment of interest on outstanding debts. The first generation of debtors and creditors thus had a vested interest in the enslavement of their offspring - to postpone the inevitable foreclosure.

Which created another problem. The increased 'supply' of credit depreciates as a natural consequence [and curse] of breaking the law, creating an insidious new tax - called inflation.

"...and he that earneth wages earneth wages to it into a bag with holes."
- Haggai 1 vs 6

The irony of inflation is that its victims become increasingly dependent upon the very government/banking system which confiscates their produciton and created the inflation.

"Lenin is said to have declared that the best way to destroy the capitalist system was to debauch the currency. By a continuing process of inflation, governments can confiscate, secretly and unobserved, an important part of the wealth of their citizens."
- 1980 Annual Report Federal Reserve Bank of Richmond, pg 6

To offset the effects of the plunder, the plunderees [public] apply for more assistance from the plunderers - which further enslaves the applicants.

"The rich ruleth over the poor, and the borrower is servant to the lender."
- Proverbs 22 vs 7

Public [victim] CONfindence in such a sustem is obtained in several ways:

  1. The older generation's residual memory of halcyonic days when gold and silver certificates circulated at par with precious metals,
  2. Interest charged to conceal the fraud,
  3. Public schools [i.e. Government schools Ed.] [Communist Manifest's 10th plank] in which students learn to exchange labor and production [assets] for checks and banknotes [liabilities] - all 'dollars' of which were created, at no cost, in a government protected bank.

"A check is just a bit of paper, but you're happy to have it."
- The Hats the Federal Reserve Wears,
Federal Reserve Bank of Philidelphia, pg 5

Confidence in 'credit' is furthered by taxation. In fact, governments go to great lengths collecting far less of 'it' than they spend - to sustain an aura of value.

"If ...government retrains from regulation [e.g. taxes - BGM]...the worthlessness of the money [credit - BGM] becomes apparent, and the fraud upon the public can be concealed no longer."
- The Economic Consequences of the Peace, John Maynard Keynes, pg 225 [February 1920 edition]

Taxes do not pay for government which sanctions a credit system - but they are necessary to sustain the confindence in those devices by which the public IS taxed.

"...Keynes argues that inflation is a 'method of taxation' which the government uses to 'secure the command over real resources, resources just as real as those obtained by [ordinary] taxation'. 'What is raised by printing notes, ' he writes, is just as much taken from the public as is a beer duty or an income tax.' "
- 1980 Annual Report, Federal Reserve Bank of Richmond, pg 10

By applying the economic laws of the Bible, we can avoid the shortcomings of Democratic Money - not by lobbying for legislatio to compel others to repent, but by changing our own behavior.

Theocratic Money is circulating, by the way, among those who prefer it, and the system of jurisprudence from which it came. It may be you have a choice.

"See, I have set before thee this day life and good, and death and evil; in that I command thee this day to love the LORD thy god, to walk in His ways, and to keep his commandments and His statutes and His judgements, that thou mayest live and multiply: and the LORD thy God shall bless thee in the land whither thou goest to possess it.
- Deuteronomy 30 vs 15-16

For a "hard copy" of this booklet send $.50 in pre-1964 silver coin to the following address OR 3 Federal Reserve Notes.
Additional information or a list of materials available from this ministry, please write to:

c/o Bruce G. McCarthy
33563 State Route 537
Graysville, OH 45734-9052

"Thou shalt not
follow a multitude to do evil."

Exodus 23:2

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