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Marilyn Barnewall - You Say Sovereign, I Say Maybe Not

Marilyn Barnewall - You Say Sovereign, I Say Maybe Not

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Published by Juan del Sur
People interested in the subject of Tenth Amendment state sovereignty and freedom from federal usurpations of state powers need to read this article.

How do we stop the ever-growing power of the Federal Reserve System? Why are financial experts talking about a world run by central banks? The capacity to control monetary policy at the State rather than federal level and a State currency distribution system are powerful and necessary tools of state sovereignty.

To be recognized as sovereign, international law says the State, as a person, must have:

1- A permanent population;
2- A defined territory;
3- Government; and,
4- The capacity to enter into relations with other states.

State sovereignty, then, must be based on de jure and de facto proclamations. It must exhibit evidence of exercised power, and the most recognized exercise of power in the world is monetary.

It is also held that sovereignty requires not only the legal standing to exercise power, but also an actual exercise of that power. International law says sovereignty exists only when the State declaring sovereignty is recognized as sovereign by other states (and/or nations).

As long as states are tied to the Federal Reserve System, monetary power is vested in the federal, not the State, government.
People interested in the subject of Tenth Amendment state sovereignty and freedom from federal usurpations of state powers need to read this article.

How do we stop the ever-growing power of the Federal Reserve System? Why are financial experts talking about a world run by central banks? The capacity to control monetary policy at the State rather than federal level and a State currency distribution system are powerful and necessary tools of state sovereignty.

To be recognized as sovereign, international law says the State, as a person, must have:

1- A permanent population;
2- A defined territory;
3- Government; and,
4- The capacity to enter into relations with other states.

State sovereignty, then, must be based on de jure and de facto proclamations. It must exhibit evidence of exercised power, and the most recognized exercise of power in the world is monetary.

It is also held that sovereignty requires not only the legal standing to exercise power, but also an actual exercise of that power. International law says sovereignty exists only when the State declaring sovereignty is recognized as sovereign by other states (and/or nations).

As long as states are tied to the Federal Reserve System, monetary power is vested in the federal, not the State, government.

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Published by: Juan del Sur on Jun 27, 2010
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Marilyn Barnewall – You Say Sovereign, I Say Maybe NotPage 1 of 4
 YOU SAY “SOVEREIGN,” I SAY “MAYBE NOT”
 By Marilyn M. BarnewallJune 27, 2010http://www.newswithviews.com/Barnewall/marilyn141.htm Because my career was banking, I have written much about the attack on America’sindependent banks by a federal regime that apparently seeks global governance. Attacks? How else do you explain that as of June 30, 2009, the Federal Reserve Bank of St.Louis said there were 6,898 commercial banks in the United States – but as of June 30, 1984,there were 14,369 commercial banks? In 1994, that number was pared down to 10,623. Now  we have less than 6,898.How do we stop the ever-growing power of the Federal Reserve System? Why are financialexperts talking about a world run by central banks? There are answers but they must beimplemented before the power to make changes at the State level is removed.The capacity to control monetary policy at the State rather than federal level and a Statecurrency distribution system are powerful tools. When people hear the words “State Bank,” they may think it means “State-chartered bank.” A State Bank is quite different from a State-chartered bank. The 90-year old Bank of NorthDakota is the only State-owned bank in America.Think of a State Bank as a mini-Federal Reserve – only it’s State-owned rather than a FederalReserve Bank. The Federal Reserve System, a privately-owned corporation that is not part of the federal government, has Member Banks – nationally-chartered (they usually have the word “national” in their name). The Bank of North Dakota has “Member Banks” – State-chartered banks. The Bank of North Dakota, for example, provides its own State depositinsurance coverage – like a mini-FDIC (call it NDDIC).Nationally-chartered banks (those licensed by the federal rather than State government) cando business in states that have a State Banking system, but cannot be members because of their national Charters. The authority that Charters a bank determines whether it will be aMember of the Federal Reserve System or of a State Bank.The Federal Reserve System clears checks and performs other monetary functions for itsmembers. It establishes monetary policy for the nation. Why? Because the Fed is the only alternative available in the 50 states to perform these functions – except in North Dakota.State Banks can, if they choose, replace Federal Reserve System functions and clear checksand set monetary policy for Member Banks.
 
Marilyn Barnewall – You Say Sovereign, I Say Maybe NotPage 2 of 4
 A State Bank (exemplified by Bank of North Dakota) is the official depository institution forall State collections and fees. It’s very beneficial to local economies. Such a controlled sourceof funds is called a ‘captive deposit base’. The State Bank pays the State Treasurer acompetitive rate of deposit interest that can be used to reduce local tax burdens. In states thatare part of the federal system, funds collected by the State leave the State. When a State ownsa State Bank, loan policies are determined by the State, not the federal government or the banking cartel known as the Federal Reserve System.State Banks determine loan policies that can support State assets. In North Dakota, loanpolicy supports agriculture and energy. In Alaska, Texas and Oklahoma, it can support oil. InColorado, loan policy can support uranium, natural gas, or oil shale production; in Utah, itcan support coal. States rich in other things can create loan policies supportive of them. Another thing State Banks make possible is getting away from a fiat currency system (papermoney with nothing backing it) dependent upon consumer and business indebtedness tosurvive. That system has bankrupted our nation. A Sovereign State needs its own currency.The currency must be backed by something other than a Governor’s signature. And, withoutsomething (like gold, silver, oil, uranium, etc.) backing a State currency, the citizens have thesame problem that caused the federal system to fail: a worthless fiat currency. When a State legislatively declares the right to create its own currency, it needs a State banking system or there is no way to exercise power – a required element of “sovereignty.” A State may print as much of its own money as it chooses, but without a distribution system and without a State-owned asset of value backing it, it’s worthless. You thought your State coulddeclare its sovereignty and still trade in the U.S. dollar? You might want to re-think that.Federal governments whose power bases are threatened by State governments declaringsovereignty usually don’t view the State fondly. They usually don’t offer the use of theircurrency. A State that declares itself sovereign must function independently of the federal government– or it is not sovereign. States that have declared (or will declare) State Sovereignty need tofulfill international standards of sovereignty. A State Bank helps achieve that objective. Inother words, legislation declaring a State to be “Sovereign” doesn’t make sovereignty a reality.There is the issue of de jure versus de facto sovereignty. The experts say neither declaring nor being proclaimed sovereign or exercising sovereignty is sufficient. To be sovereign requires both de jure (proclaiming) and de facto (being proclaimed). Proclaiming sovereignty (“I’msovereign”) doesn’t get the job done. Being proclaimed sovereign (by a legislature or by citizen vote or by another State) doesn’t either. It is generally accepted that both de jure and de factoare required. The ability to exercise sovereign power is also required. That’s a major part of how international law defines “sovereignty.”State sovereignty, then, must be based on de jure and de facto proclamations. It must exhibitevidence of exercised power. The most recognized exercise of power in the world is monetary. As long as states are tied to the Federal Reserve System, monetary power is vested in thefederal, not the State, government.
 
Marilyn Barnewall – You Say Sovereign, I Say Maybe NotPage 3 of 4
To be recognized as sovereign, international law says the State, as a person, must have:
1-
A permanent population;
2-
A defined territory;
3-
Government; and,
4-
The capacity to enter into relations with other states.It is also held that sovereignty requires not only the legal standing to exercise power, but alsoan actual exercise of that power. International law says sovereignty exists only when the Statedeclaring sovereignty is recognized as sovereign by other states (and/or nations). Why is it important to comply with international laws when declaring State sovereignty? If citizens take a prescription drug for a serious disease made by a German pharmaceuticalcompany, access to international trade must exist. If citizens drive a foreign-made car, they need parts available. If the State wants to provide access to coffee and bananas for citizens, it will have to comply with the international trade laws of Brazil. When a State declaressovereignty, international (as well as interstate) commerce laws become important. Many questions arise. How will highway systems be maintained? Who pays for public schools andpolice protection – and which currency is used to pay for State government?The solutions to State Sovereignty: Currency, monetary policy (coordinated with other states)and a State Bank that provides a distribution system for both. A State structure supporting America’s Constitutional Rule of Law and the Bill of Rights must be in place. State Constitutions generally fulfill that requirement, but may need to be morelegislatively clear. Why? After the Federal Reserve System and Wall Street cause economiccollapse, the states will be able to reorganize around the Constitution and the Bill of Rights, as written by our founders, and do so quickly to once again become the United States of  America.Can a State declare itself sovereign if it does not have sufficient power to determine its owncurrency and monetary policy? That is the key question to the core problem.State Banks give credible stability to State Governments and their business sectors. They provide a distribution source to those states with the lawful authority to create their owncurrency. This one concept makes possible a logical alternative to the failing federal monetary distribution system – the failed fiat currency and the failed fractional-reserve means of creating currency that results in perpetual debt.Numerous projects must (and can) be quickly coordinated among sovereign states if interstate commerce is to continue. States must plan ahead and work together to create a workable system. Compatible computer systems able to exchange information so propercheck clearing can occur are needed. How does a company in a Sovereign State pay for goodspurchased in another State that has not declared sovereignty and still uses the U.S. dollar?State Banks must be able to pay and accept the federal government’s currency via the samesettlement process used all over the world.There is one flashing red light regarding State Banks. It can be solved by how the State Bank Charter is written.

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