Citizen Sues Atlanta Fed Based on Allegation that It's Issuing Federal Reserve Notes That It Has No Intention of Redeeming, Which Amounts to Counterfeiting ... Asks that Atlanta Fed's Charter be Forfeited

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Scott Beach sent me this link to his complaint against the Atlanta Fed.

In his complaint, Beach points out that 12 United States Code Section 341 provides that Federal Reserve Banks can be sued, and can that they can:

Forfeit [their] franchise for violation of law.

The
complaint alleges that all of the Federal Reserve Banks (including
Atlanta) stopped allowing Federal Reserve Notes to be redeemed in the
early 2000's and that - because 12 United States Code Section 411 requires the notes to be redeemable - continuing to issue notes without allowing redemption amounts to counterfeiting.

Beach thus asks that the Atlanta Fed's charter be forfeited.

Without
commenting on the specifics of the allegations in the suit itself, I
can still say with 100% confidence that Thomas Jefferson would have approved.

So would many top financial experts. See this, this, this, this, this, this and this.

Comments

[hangemhigh77]

AND, isn't that what they basically screwed the guy who was making liberty gold and silver dollars? They said he tried to make it look like US currency.  But it's OK for the criminal Fed to rip off the US?  I'm sick of these crooks. But then I drive by a house with a "Herman Cain for President" placard on their front yard and I just can't believe it. I mean Cain is FROM the Federal Reserve!!  He's a BANKSTER.  How can people  be so FUCKING STUPID!!!  I'm ready to just give it up and start watching Dancing with the Stars.

[mchadellis]

Yea, we might have to wait until the smoke clears after the sheep starve to death before maximizingany effort to help create a society without bankers. Until then I frequent natchezss.com and imagine the possibilities. I just wonder what kind of cancer I will get after actually filing the lawsuit. Or maybe the winter riots might bring some willing listeners.