In 1966, Congress being severely compromised, passed the "Federal Tax Lien Act of 1966", by which the entire taxing and monetary system i.e. "Essential Engine" (See: Federalist Papers No. 31) was placed under the Uniform Commercial Code. (See: Public Law 89-719 , Legislative History, pg. 3722, also see; C.R.S. 5-1-106 ). The Uniform Commercial Code was of course promulgated by the National Conference of Commissioners On Uniform State Laws in collusion with American Law Institute for the "banking and business interests." (See: Handbook Of The National Conference Of Commissioners On Uniform State Laws. (1966) Ed. pgs. 152 &153). The United States being engaged in numerous United Nation conflicts, including the Korean and the Viet Nam Conflicts, which were under direction of the United Nations (See: 22 U.S.C.A. 287d), and agreeing to foot the bill (See: 22 U.S.C.A. 287j), and not being able to honor their obligations and rehypothecated debt credit, openly and publicly dishonored and disavowed their "Notes" and "Obligations" (12 U.S.C.A. 411 ) i.e. "Federal Reserve Notes" Through Public Law 90-269, Section 2, 82 Stat. 50 (1968) to wit:
"Sec. 2. The first sentence of section 15 of the Federal Reserve Act (12 U.S.C. 391) is amended by striking 'and the funds provided in this Act for the redemption of Federal Reserve Notes'."
In 1966, Congress being severely compromised, passed the "Federal Tax Lien Act of 1966", by which the entire taxing and monetary system i.e. "Essential Engine" (See: Federalist Papers No. 31) was placed under the Uniform Commercial Code. (See: Public Law 89-719 , Legislative History, pg. 3722, also see; C.R.S. 5-1-106 ). The Uniform Commercial Code was of course promulgated by the National Conference of Commissioners On Uniform State Laws in collusion with American Law Institute for the "banking and business interests." (See: Handbook Of The National Conference Of Commissioners On Uniform State Laws. (1966) Ed. pgs. 152 &153). The United States being engaged in numerous United Nation conflicts, including the Korean and the Viet Nam Conflicts, which were under direction of the United Nations (See: 22 U.S.C.A. 287d), and agreeing to foot the bill (See: 22 U.S.C.A. 287j), and not being able to honor their obligations and rehypothecated debt credit, openly and publicly dishonored and disavowed their "Notes" and "Obligations" (12 U.S.C.A. 411 ) i.e. "Federal Reserve Notes" Through Public Law 90-269, Section 2, 82 Stat. 50 (1968) to wit:
"Sec. 2. The first sentence of section 15 of the Federal Reserve Act (12 U.S.C. 391) is amended by striking 'and the funds provided in this Act for the redemption of Federal Reserve Notes'."
https://www.scribd.com/document/194568846/John-B-Nelson-Summary-of-the-US-Takeover