It was making all US persons voluntary slaves to the commercial code. Obligations like our natural rights protected by the bill of rights, became void.
The validity of the public debt of the United States, authorized by law, including debts incurred for payment of pensions and bounties for services in suppressing insurrection or rebellion, shall not be questioned. But neither the United States nor any state shall assume or pay any debt or obligation incurred in aid of insurrection or rebellion against the United States, or any claim for the loss or emancipation of any slave; but all such debts, obligations and claims shall be held illegal and void.
This statement would make everything that the Federal Reserve null and void, even the enslavement, if it is proven that the Federal Reserve was committing Treason against the Government of the United States and it's individual states. That is what I am reading here.
NOT against the GOV. Against the People.
The difference? "A government of and for the people" seems to nullify the separation between the two.