"About all a Federal Reserve note can legally do is wipe out one debt and replace it with itself another debt, a note that promises nothing. If anything's been paid, the payment occurs only in the minds of the parties..."
Tupper Saussy
(1936-2007) American composer, musician, author, and artist
"The Miracle On Main Street" 
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Reader comments about this quote:
I'd met Tupper Saussy and served on a board with him. Great man, he's missed.
 -- Mike, Norwalk     
    Look in your wallet, those are debt notes.
     -- J Carlton, Calgary     
    Our money system is only a "pretend" system.
     -- cal, lewisville, tx     
    Check the national debt prior to 1913 and look at it now. For those who missed it, 1913 was the year we got the Fed and the IRS rammed down our throats.
     -- jim k, austin,Tx     
    I have been paying off my F250 Diesel for 5 years. I will finish the "debt" in three months. The thing will be mine with no more debt. As long as the seller accepts this fact I am happy. If 8500 pounds of cold hard steel that folk say will give me 500,000 to a million miles (according to whom you talk to) is not precious metal for which I exchanged Federal Reserve Notes is not a good deal I don't know what is. And since they accepted the paper it is just as good as if I had paid them a couple of bags of gold. The minds of the parties is more than good enough for me. I don't know what this guy is talking about and I don't think he does either.
     -- Waffler, Smith     
    Waffler, Smith Says: "I don't know what this guy is talking about"....You got that part right.
     -- J Carlton, Calgary     
    Federal Reserve Notes are legally and in fact promissory notes, i.e. promises-to-pay, IOUs. They are a form of commercial paper -- a negotiable instrument with no backing other than the borrower's promise. The jurisdiction for using promises-to-pay rather than real money is Commercial Law. By using these notes instead of lawful money, we are not actually buying anything, only transferring liability -- no debt is actually paid. Waffler is a simpleton and an ignoramous for he willfully choses to ignore the system by which the property and labors of the people are stolen. By using these phony dollars, we subject ourselves to the reams and reams of statutes written to regulate commercial paper and debilitate our sovereign status by agreeing to use Monopoly money that is issued for profit by the banks that create it out of nothing. The study of bank notes over the last 200 years reveals the gradual corruption of what the paper currency actually means. No debts are paid with other debts -- the owner is still the owner -- and it isn't you unless you made it yourself. We are 'renting' life and paying a HUGE premium for the priviledge. That may be OK for a house-slave like Waffler who benefits from this system at the expense of the economy of the nation as a whole. Government workers now are paid about 40% more than the private sector -- probably Waffler was one and can't seem to understand why the rest of us who have to produce something for a living complain about having to pay his pension. Indeed, Waffler does not understand what anyone is talking about if it isn't for furthering a totalitarian economic system. His argument can be simplified to: 'I don't know what you guys are talking about -- I'm taken care of.'
     -- E Archer, NYC     
  • 1
    cal lewisville Texas ...........cal, not only is our pretend world so, our pretend pretenders living off the juries with debt ridden ecomic schemes which mean to physically crush every thing that means anything to us.
     -- Anon     
    I used a lot of Tupper Saussy's works in my lifetime, though putting it to work in a court is a hard thing to do, and by looking around the world and putting some of his practices to work -- including the way to live on coin for first timers -- we do need a hand.
     -- Anon     
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