53 definitions by Jon Davis

ethics

Plural of ethic.

The sum of a set of moral beliefs.

etiquette; morality; values

That criminal has a really bad sense of ethics.

by Jon Davis January 14, 2004

Internal Revenue Code

26 USC; the 26th title of the United States Code that supposedly establishes a federal income tax.

I studied the Internal Revenue Code for years and I never found any law that makes a local American citizen liable for the income tax!

by Jon Davis January 14, 2004

Federal Reserve currency

The currency issued by the Federal Reserve that is marked by being both fiat money and debt money. All American money issued by the federal government is Federal Reserve currency.

Federal Reserve currency is identified with "$USD".

by Jon Davis January 14, 2004

Federal Reserve Banks

The private banks of the Federal Reserve.

The Federal Reserve banks are no more federal than Federal Express.

by Jon Davis January 14, 2004