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<p>[QUOTE=&quot;clayirving, post: 1549793, member: 18867&quot;]<span style="color: #000000"><font face="Veranda">The Federal Reserve Bank that issued the note, not the Federal Reserve System, was obligated to honor this note. The note indicates, &quot;<i>Secured by United States Bonds deposited with the Treasurer of the United States of America or by like deposit of other securities.</i>&quot;</font></span></p><p><span style="color: #000000"><font face="Veranda"><br /></font></span></p><p><span style="color: #000000"><font face="Veranda">Federal Reserve Notes are backed by faith in the United States. </font></span><img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie1" alt=":)" unselectable="on" unselectable="on" />[/QUOTE]</p><p><br /></p>

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