The Great Liberty Bond Swindle: The Gov't's Criminal Conspiracy With the Federal Reserve Revealed

OneTeam Legal & Tax (IRSMedic)
OneTeam Legal & Tax (IRSMedic)May 7, 2026

Why It Matters

These historic statutes gave the federal government unchecked monetary power, shaping today’s financial system and limiting citizen oversight, which has profound implications for economic policy and democratic accountability.

Key Takeaways

  • 1917 Trading with the Enemy Act enabled wartime gold controls.
  • 1933 Emergency Banking Act retroactively extended those powers to peacetime.
  • Gold confiscation valued at $20.67 per ounce profited the Federal Reserve.
  • Loss of township authority limits local indictment power and accountability.
  • 17th Amendment shifted Senate elections, concentrating power in Washington.

Summary

The video frames a historic legal cascade—starting with the 1917 Trading with the Enemy Act, followed by the 1933 Emergency Banking Act—as the foundation of a federal‑government‑led monetary grab. It argues that these statutes gave presidents wartime authority over gold, then retroactively made that power permanent, allowing the government to revalue gold from $20.67 to $35 per ounce and funnel profits to the Federal Reserve. Key data points include the $20.67 statutory gold price, the 75% of Americans who refused to surrender their gold and emerged as “winners,” and the Supreme Court case Perry v. United States (1935) that upheld the seizure. The speaker also links the erosion of township authority and the 17th Amendment’s shift of Senate elections to a broader loss of local accountability, noting that today’s indictment power rests with prosecutors and judges appointed by the same political elite. Notable examples cited are the 83‑day vacancy of the IRS commissioner, the Emergency Banking Act’s rapid passage on March 9 1933, and the claim that the Federal Reserve, a private‑chartered bank, was designed to profit from boom‑bust cycles. The presenter emphasizes that the lack of a true “grand jury” at the township level prevents citizens from holding officials criminally responsible. The implications are clear: historic legal maneuvers concentrated monetary control in Washington, limited grassroots oversight, and set precedents that still shape U.S. financial policy. Understanding this lineage is crucial for investors, policymakers, and citizens seeking reforms that restore local authority and transparency.

Original Description

🔴 LIVE — IRSMedic Members Call | Anthony E. Parent, Esq. | Parent & Parent LLP
In 1917 the United States government asked ordinary Americans to fund World War I.
Teachers. Farmers. Factory workers. Shopkeepers. People who had never owned a financial instrument in their lives.
They answered the call. They bought Liberty Bonds. And printed on the face of every single bond was a promise — not in the fine print, in the headline:
"The principal and interest hereof are payable in United States gold coin of the present standard of value."
21 million Americans trusted that promise.
Then 1933 arrived.
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THREE STEPS. ONE HEIST.
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STEP ONE — April 5, 1933. Executive Order 6102.
Surrender your gold to the Federal Reserve at $20.67 per troy ounce. Penalty for refusal: $10,000 fine and 10 years in prison.
STEP TWO — June 5, 1933. Joint Resolution of Congress.
Every gold clause in every contract declared void. The written promise on your Liberty Bond: null.
STEP THREE — January 30, 1934. Gold Reserve Act.
Gold revalued to $35 per troy ounce. The same gold surrendered at $20.67 is now worth 69% more.
Treasury profit: ~$3 billion ($70 billion today).
Amount returned to the 21 million bondholders: $0.
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ALL THREE BRANCHES WERE COMPLICIT
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In Perry v. United States (1935) the Supreme Court held the gold clause was binding, that Congress exceeded its power in voiding it, and that bondholders had an "inviolable right" to performance.
Then denied any remedy.
Justice McReynolds dissented from the bench: "This is Nero at his worst."
In writing: "Two billions might be ballooned indefinitely — to twenty, thirty, or what you will."
The national debt is now $36 trillion. McReynolds was right.
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WHAT WE ARE COVERING
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▶ The Trading with the Enemy Act — wartime statute turned against the American people
▶ The $20.67 price — not a coincidence. The exact statutory minimum under the Gold Standard Act of 1900
▶ Perry v. United States — the Court's most dishonest opinion. Unconstitutional. Inviolable right. No remedy.
▶ Why McReynolds invoked Nero — and why the comparison was precise
▶ The five questions — Was $20.67 a coincidence? Does the government have a conscience? What would happen to a private citizen who did what the Federal Reserve did?
▶ The template — the five-step emergency power playbook that did not stop in 1933
The people who trusted the government most got hurt most. 75% of Americans never complied with EO 6102. The government prosecuted exactly one person.
The Gold Standard Act of 1900 was never explicitly repealed.
It was murdered. And its body was never found.
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JOIN LIVE
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📺 Watch and comment live on YouTube
🔐 IRSMedicMembers.com — join on camera and ask questions directly
Share this before the call. This is one of the most important and least discussed episodes in American financial history.
— Anthony E. Parent, Esq. | Parent & Parent LLP | IRSMedic | (203) 269-6699

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