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capital and surplus therein, and income derived therefrom, shall be
exempt from Federal, state and local taxation, except taxes on real
estate." Government buildings do not pay real estate tax.
Q: Are our dollar bills, which carry the label "Federal Reserve notes"
government money?
A: Federal Reserve notes are actually promissory notes, promises to
pay, rather than what we traditionally consider money. They are
interest bearing notes issued against interest bearing government
bonds, paper issued with nothing but paper backing, which is known
as fiat money, because it has only the fiat of the issuer to guarantee
these notes. The Federal Reserve Act authorizes the issuance of these
notes "for the purposes of making advances to Federal reserve banks...
The said notes shall be obligations of the United States. They shall be
redeemed in gold on demand at the Treasury Department of the
United States in the District of Columbia." Tourists visiting the Bureau of
Printing and Engraving on the Mall in Washington, D.C. view the
printing of Federal Reserve notes at this governmental agency on
contract from the Federal Reserve System for the nominal sum of
.00260 each in units of 1,000, at the same price regardless of the
denomination. These notes, printed for a private bank, then become
liabilities and obligations of the United States government and are
added to our present $4 trillion debt. The government had no debt
when the Federal Reserve Act was passed in 1913.
Q: Who owns the stock of the Federal Reserve Banks?
A: The dynastic families of the ruling World Order, internationalists who
are loyal to no race, religion, or nation. They are families such as the