Which Presidents do you think were TRUE conservatives? Which ones are Marxists?

[CallMeJoe]

That is correct. Federal reserve notes are a for profit enterprise and are debt obligations, hence the word "note".

Unlike Silver Certificates, which are also a debt obligation with their own obligation clause clearly printed on the bill?

Damn, we need a "sarcasm" smiley...

 

[dualsmp]

Silver certificates are debt free.

 

[dali71]

I stand corrected.
I remember when Federal Reserve Notes were issued in replacement of Silver Certificates in 1964, and did not recall ever seeing Federal Reserve Notes in circulation before that.

I note (per Wikipedia) that prior to 1934 Reserve Notes were redeemable for gold or silver, but starting in 1934 they were redeemable for United States citizens only in silver. That may be why explicit Silver Certificates were issued starting in 1934; do you know if bills printed "Federal Reserve Note" were issued between 1934 and 1964?

According to USPaperMoney.info, 5, 10, 20, 50, and 100 dollar Federal Reserve Notes were issued in the 1950 and 1963 series. The 1 dollar Federal Reserve Note was not introduced until the 1963 series.

 

[colonel]

obamacare is true marxist. hillary clinton too. good thing jfk was shot before he brought marxism to the US.

too much grass in your head..

 

[Rock Hydra]

A note, legally is a promise to pay money. I see no promise to pay real money on a federal reserve "note". It actually says on it what it is: "Legal Tender". Honestly, a silver cirtificate is actually a note and a Fed. Reserve Note is fake money used to create dependency on a particular institution.

 

[Onceler]

Bill Clinton was the closest president I can remember to an actual physcal conservative.

Whatever you have been smoking I want some.

 

[3chordcharlie]

A note, legally is a promise to pay money. I see no promise to pay real money on a federal reserve "note". It actually says on it what it is: "Legal Tender". Honestly, a silver cirtificate is actually a note and a Fed. Reserve Note is fake money used to create dependency on a particular institution.

I still like the bit where each note was a legal contract and obligation to replace the contract with a good (gold or silver), until someone decided that wasn't very convenient, so they unilaterally changed the terms of millions of established, written contracts.

That's some big balls!

<--('note' - not at all in favour of returning to gold-standard)