Contempt of Commonwealth of Australia
Constitution.
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Commonwealth of Australia Constitution.
Chapter 4. Finance And Trade.
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81. All revenues or moneys raised or received by the Executive Government
of the
Commonwealth shall form one Consolidated Revenue Fund, to be appropriated
for the
purposes of the Commonwealth in the manner and subject to the charges
and liabilities
imposed by this Constitution.
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82. The costs, charges, and expenses incident to the collection,
management, and receipt of
the Consolidated Revenue Fund shall form the first charge thereon;
and the revenue of
the Commonwealth shall in the first instance be applied to the payment
of the
expenditure of the Commonwealth.
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83. No money shall be drawn from the Treasury of the Commonwealth
except under
appropriation made by law. My quote;
Does not include finance to other countries.
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92. On the imposition of uniform duties of customs, trade, commerce,
and intercourse
among the States, whether by means of internal carriage or ocean
navigation,
shall be absolutely free.
My Question;
Why is the State of Victoria or any other
State or Territory charging Tolls on any
Road or Bridge on trade, commerce, and intercourse
by means of internal carriage, on all
trucks, semitrailer and cars are legislated
to pay tolls? Is ignoring Section 109.
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98. The power of the Parliament to make laws with respect to trade
and commerce extends to
navigation and shipping, and to railways the property of any State.
My Question;
Does this extend to the deepening by dredging
of Port Philip Bay and Weston Port Bay.
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100. The Commonwealth shall not, by any law or regulation of trade
or commerce, abridge the
right of a State or of the residents therein to the reasonable use
of the waters of rivers for,
conservation or irrigation. (Abridge; Deprive or Curtailment
of rights.)
My Question;
The State of Victoria or any other State or
Territory allows water trading of irrigation
allocations, to be bought and sold between
land owners.
Deregulation to be introduced on July 1 2007
will see City based speculators who do not own
any land; buying water and trading it like
stock market shares and the Federal Government
are planning to tax water that falls on the
roof of your dwelling, is ignoring;
Chapter 5. Sections 100 and 109.
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The existing financial system; All taxation,
loans, mortgages and interest payments,
Local Government Rates, all Federal and State
legislation and regulation costs and
Land Tax are a financial burden on all Families,
Farmers and Businesses.
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If you think the Constitution is boring look
at your pay slip, the tax deduction and all other
deductions. You will see, an estimated saving
of $1,000 per month if all money was created
by Parliament and not the Banks. *** Learn
the Constitution.
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There is no mention of Treasury Bonds in
Section 51 of the
Commonwealth of Australia Constitution Act 1900
(UK).
Does this mean the Federal Government and Reserve
Bank is in contempt of the Constitution?
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AOFM issues Interest coupons payable on Commonwealth
Government Securities.
To explain the Reserve Bank's supply of money
into the community.
(1). Treasury issues Treasury Bonds to the Reserve
Bank.
(2). Reserve Bank registers the Treasury Bonds
then places them for tender.
(3). the tenders are then accepted from highest
yield to lowest yield.
(4). Treasury Bonds are then placed with Austraclear
for trading on the Futures exchange.
(5). Treasury Bonds are then traded as 10 and
3 year Bonds.
(6). Government, Reserve Bank and Commercial
Banks may then buy the Bonds.
(7). The Reserve Bank manages the amount of ES
funds available to banks by buying
Bonds to increase
the supply of such funds for business and public use.
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The aim of the Reserve Bank domestic market operations
is to supply sufficient liquid funds,
Exchange Settlement (ES) funds, to the banking
system to maintain the cash rate around the desired
level; the interest rate on funds borrowed and
lent overnight by Commercial Banks.
Demand for ES funds by banks fluctuates from
day to day, mainly in response to anticipated
settlement obligations. This may include Loans
and Mortgages to business and individuals.
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Each and every time a bank makes a loan (or
purchase Treasury Bonds), new bank credit is
created — new deposits — brand new money.
Broadly speaking, all new money
comes out of a Bank in the form of loans.
As loans are debts, then under the present
system all money is debt.
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Quick And Garren Notes On Constitution,
Page 1027, Note 460;
Section 115. A State shall not Coin
Money;
Coinage is a prerogative of the Crown. A State
is forbidden to coin money; it can not create
a metal currency; it can not give to metal
any more than to paper the quality of money.
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The combined effect of this negation, coupled
with the operation of;
Part Five Powers of the Parliament. Section
51 subsection 12.
Currency, coinage, and legal tender; is that
the
coinage and legitimization of metal money
and in fact the regulation of the whole of
the monetary system of the Commonwealth, is
exclusively vested (authority) in the Federal
Parliament, as against the States.
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That Parliament alone will be able to create
money and regulate it's value, as well as create
paper money, and regulate it's value. It's
laws of course will only be operative within the
Commonwealth and may, in accordance with the
usual practice, be reserved for Imperial
consideration, in order to maintain the uniformity
of coinage laws throughout the Empire.
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Note 461, Section 115. Nor make anything but
Gold and Silver Coin a legal tender;
The provision of this section, that the States
may not make anything but gold and silver coin
a legal tender in payment of debts, would
appear, at first view, to authorize a State to make
gold and silver a legal tender, in the absence
of Federal legislation, and consequently to give
the States a concurrent power within those
limits.
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It must be noted, however, that gold
and silver can only be impressed with the quality of
money by Federal legislation, and Federal
legislation may withdraw that quality at any time.
Then the power of the States to make gold
and silver a legal tender would cease; gold and
silver metal can not be made legal tender
until it converted into coin;
it can only be converted into coin by the
Federal authority.