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View Full Version : The Spider's Web: Britain's Second Empire (Documentary)



Gavilan
09-16-18, 02:07 AM
https://www.youtube.com/watch?v=np_ylvc8Zj8
British tax haven jurisdictions must watch.

David Merrill
09-16-18, 08:06 AM
https://www.youtube.com/watch?v=np_ylvc8Zj8
British tax haven jurisdictions must watch.

Thank you for that insight!


http://savingtosuitorsclub.net/attachment.php?attachmentid=3639&d=1457469181

Look at the Footnotes on any current asset report.


http://savingtosuitorsclub.net/attachment.php?attachmentid=4020&d=1463362172

I had not pieced together what was behind the money market buying and selling the US Dollar; at about the six-minute mark of the video. I appreciate you all. Thanks for posting here.


http://savingtosuitorsclub.net/attachment.php?attachmentid=5020&d=1516353389

xparte
09-24-18, 06:22 AM
2018 budget, the Government of Canada announced that it will ask for the power to be able to remove legal tender status from bank notes—something it cannot do now. If that power is approved by Parliament, the plan would be to remove that designation from certain bank notes that are no longer being produced—the $1, $2, $25, $500 and $1,000 notes—and they would be officially taken out of circulation. This initiative is supported by the Bank of Canada.Canada’s official notes and coins are called legal tender
Every bank note issued by the Bank of Canada since we opened our doors in 1935 is still redeemable at its face value. Technically, you can use a 1935 $25 bank note when you go shopping or pay a bill. The cashier might refuse it because it looks unfamiliar, but it is still worth $25. In fact, some bank notes, especially the rare ones, are worth more than the number on their face to collectors.

Bank notes issued by the Bank of Canada, together with coins issued by the Royal Canadian Mint, are what is known as “legal tender.” That’s a technical term meaning the Government of Canada has deemed them to be the official money we use in our country. In legal terms, it means “the money approved in a country for paying debts.”

Today, money is not just bank notes but takes many different forms: credit cards, debit cards, cheques, and contactless payments using mobile devices. You can pay with any of these forms of money, even though they are not considered “legal tender.” In fact, anything can be used if the buyer and seller agree on the form of payment. So “legal tender” has little impact on our everyday lives.Demanding lawful money just another form of money (My Central Bank has little impact on the face value of any Note redeemed for value changing the status not its function)
Bank notes will not lose their face value
In short, removing legal tender status means that some older bank notes would no longer have the official status of being approved for payments of debt. Essentially, that means you would no longer be able to spend that 1935 $25 bank note to buy items at a store. But these bank notes would not lose their face value. If you have one of them, you will still be able to take it to your financial institution or eventually send it to the Bank of Canada to redeem its value.

International experience
Many other countries have been doing this for years. More than 20 central banks around the world have the power to remove legal tender status from their notes, including the Bank of England, the Sveriges Riksbank (Sweden), the Swiss National Bank, the Reserve Bank of New Zealand and the European Central Bank.Current, high-quality and secure bank notes
Having the power to remove legal tender status from bank notes means that we can do a better job of keeping the notes in circulation current. Newer bank notes have better security features that make them difficult to counterfeit, and they are in better condition overall. Keeping notes current means they work more efficiently for all of us.

Officially taking the $1, $2, $25, $500 and $1,000 notes out of circulation will help achieve that goal. This decision will have little impact on most of us.

That’s because these bank notes have not been produced in decades. In fact, you almost never see them. Some people do not recognize them, which means they likely would not be accepted in transactions.

The $1 and the $2 notes stopped being issued in 1989 and 1996, respectively, and were replaced with coins.
The $25 note was a commemorative note. Both it and the $500 note were discontinued shortly after they were issued in 1935.
The $1,000 note stopped being issued in 2000.
By removing these old notes from circulation, we can ensure that our bank notes stay current, of high quality and secure. It also guarantees they are always easy to use. The Bank of Canada will continue to honour these bills and exchange them at face value but financial institutions will be forced to return them to the Bank every time one is brought in.

The Bank says that if you don’t want to redeem any of those bills, you can always decide to keep them as bookmarks.or debt free souvenirs .

marcel
09-25-18, 09:34 AM
Isn't it Chex' job to cut & paste various websties? Although he will include the source
https://www.bankofcanada.ca/banknotes/upcoming-changes-to-legal-tender-status-for-older-bank-notes/

Anyway, I saw what you did there.

Demanding lawful money just another form of money (My Central Bank has little impact on the face value of any Note redeemed for value changing the status not its function)
Bank notes will not lose their face value

Chex
09-26-18, 03:49 AM
I saw what you did there.

Your avatar says it all marcel such a task isn’t it?

marcel
09-26-18, 11:15 AM
Thanks Chux. I believe the "walter" persona is overdue for check-in as well.

xparte
09-29-18, 09:00 AM
debt free souvenirs .sounds like lawful money is a sovereign affair Bank notes will not lose their face value
In short, removing legal tender status means that some older bank notes would no longer have the official status of being approved for payments of debt. Redemption is removing debt from a Bank note or removing its legal status bank notes would no longer have the official status of being approved for payments of debt if they were lawful the status isnt legal. The words BANK OF CANADA or Government of CANADA were impossible to conceal i seen what i done i just cut and run . Waste and Paste watch cautious departures keep your stick on the ice eh

xparte
09-29-18, 09:16 AM
Note liabilities as easily as deposit liabilities, money and abandonment issues L’Encyclopédie de l’histoire du Québec / The Quebec History Encyclopedia By 1914, the amount of Dominion notes issued against a 100 per cent. gold reserve was relatively so large (and the 25 per cent. reserve was practically all gold), that Dominion notes were very nearly gold certificates. The reserve ration was approximately 82 per cent. Only the small 1-dollar and 2-dollar notes circulated widely, for the larger notes were held by the banks as reserve money, and for meeting clearing-house balances, as experience had demonstrated that the notes were more convenient than gold to handle and could be turned into gold upon demand. Thus the Dominion note issue performed two very dissimilar functions. The small notes served as a hand-to-hand currency and were rarely presented for redemption. But the main function of Dominion notes was to serve as reserve money for the banks, which made them particularly susceptible to redemption. When gold was needed for export, the usual practice was for the banks to cash Dominion notes and export the proceeds; when gold was imported the reverse procedure occurred. Thus the functions of the government in handling the issue were almost automatic-an exchange of gold for notes and notes for gold.



At the special war session of 1914, the partially-covered issue was raised to $50,000,000. Also $16,000,000 of notes were issued against railway securities. This was really a loan to the Canadian Northern Railway and the Grand Trunk Railway system, reserving $10,000,000 for general governmental purposes, against which. nothing was held. Thus there was $26,000,000 with no specie reserve at all, $50,000,000 with a 25 per cent. reserve in specie, and the balance with a 100 per cent. reserve in gold. In the same year the Finance Act was passed. This Act allowed Dominion notes to be issued to the banks against the pledge of approved securities. The notes so issued required no specie reserve, but were undistinguishable from the notes issued in any other way. Thus the war legislation permitted a drastic dilution of the whole issue.



At the outbreak of war, in 1914, the gold standard, which had been maintained without a break since 1853, was abandoned, and was not resumed for twelve years. The necessities of wartime finance made a substantial inflation inevitable, and the Finance Act was an important mechanism in bringing this about. With the resumption of the gold standard on July 1, 1926, Canada attempted to resume her prewar monetary standard, but the Finance Act was an entirely new factor in the situation, and all experience with it had been obtained during a period of inconvertible paper money. Under the Dominion Notes Act, the issue of Dominion notes-with respect to specie reserves-was most carefully guarded, but under the Finance Act identical notes could be issued with no gold reserve required. Thus one door was carefully locked while the other was left wide open. The result was that less than two and a half years' operation of the Act under gold standard conditions brought about an informal abandonment of the gold standard. Since 1929, Canada has not adhered strictly to the gold standard, although in the earlier period this was not so obvious. In October, 1931, gold exports were prohibited by order-in-council, but as the legal basis for this action was not too clear an Act was passed in 1932 specifically giving the government power to take such action.



Because of the establishment of the Bank of Canada; the Finance Act was repealed in 1934,1 along with a number of other Acts, such as those of 1914. In 1934, the Dominion Notes Act was amended so that the partially covered issue was raised to $120,000,000, but included in this amount was the $26,000,000 issued under the Acts of 1914. Thus the net increase in the partially-covered issue was $44,000,000, which was used for public works. Under the terms of the central bank Act, the Dominion note issue was to be taken over by the central bank. But inasmuch as the government had to give the central bank 3 per cent. bonds for the amount by which the Dominion note issue exceeded the gold held against it, the financing of public works by the creation of $44,000,000 of notes was illusory. A little later these notes would have to be retired with bonds, which would mean that the public works were really financed with a bond issue. The establishment of the central bank meant the disappearance of a currency which, despite its somewhat disreputable origins, has on the whole had a long and honourable history, much more so than most government currencies.



Since the first bank of issue began in 1822, bank notes have been an important part of the circulating media in Canada . From almost the very beginning Canadian banks have had the right to issue bank notes (to the amount of the paid-up capital) as freely as they could create deposits. This meant that the bank circulation was elastic in that the amount of it depended upon the capacity of the bank to grant credit accommodation and not upon some extraneous cause. The bank-note circulation did not press upon the paid-up capital limit until early in the first decade of the present century. This situation was met in 1908 by giving the banks permission to issue notes to the amount of 15 per cent. of their combined capital and surplus (reserve fund). The "excess" issue was taxed at a rate of 5 per cent., which tended to restrict its use. In 1913, the creation of the central gold reserves offered a more permanent solution.

Under this provision banks were allowed to issue notes in excess of their paid-up capital be depositing Dominion notes or gold in this reserve, which was located in Montreal, and which was under the control of four trustees-one appointed by the minister of finance and three by the Canadian Bankers' Association. This practice, however, ended the vaunted elasticity of the bank circulation, for it made it directly dependent upon the supply of legal money. Consequent upon the establishment of the central bank, the Bank Act was amended in 1934, to provide for the gradual extinction of the bank circulation so that by 1946 the banknote issue will be only 25 per cent. of the paid-up capital.



Despite the fact that, at least in the early period, the banks could create note liabilities as easily as deposit liabilities, the circulation did not become redundant because of the practice of clearing notes. Each bank collected the notes of the other banks and presented them for payment through the clearing-house, which prevented any bank from getting a redundant circulation. At the same time this practice tended to make the nominal circulation larger than it really was, through the banks storing the notes of other banks.

David Merrill
09-29-18, 06:56 PM
I wish I had more time. I just came from Church (Messianic Judaism) and realized the Enlil SHADDAI was not satisfied with the Golden Calf heist, but while he convinced the Israelites he had power of life and death on them he cleaned their clock. - In return for a tabernacle plan of global conquest through commercial priestcraft. Then came FDR...

xparte
10-01-18, 12:11 AM
Completely extirpated by the depraved Neo platonists. for nearly five centuries manipulated minds and corroded the human spirit with the alchemical processing for which religious Christian authorities are justly infamous. Absolutely a Spiritual significance of the events we are retelling.the unambiguously intelligible mystical philosophical system provides our idolatrous worship as far as conquered endorsement goes a pen is a death warrant the first instrument of war is usury. According to Carl Gustav Jung, the archetypes are universal, archaic patterns and images residing in the collective unconscious as the psychic counterparts of bodily instinct. They are hidden autonomous forms, thus independent of consciousness, largely self-willed, having a ‘luminosity’ of their own. The archetypal images are moulded by the individual context and the history of surrounding culture, providing them with their specific content. As inherited potentials they manifest as symbolic imagery and in collective movements in the outside world. Jungian archetypes depend on the archetypes-as-such, empty forms or predispositions. Are we dispossessed to a tabernacle plan of global conquest through commercial priestcraft. Then came FDR.his calf heist and quoting ..that all of us, and you and I especially, are TRIBED Upped descended from immigrants and revolutionists.” ... Hebrew heists Torah Temple Worship Rabbinical Judaism or Synagogue Revolutionists starting with Christ. .

marcel
10-02-18, 09:13 AM
Here is the little impact of using central bank notes
- Americans on average spent more on taxes than on food and clothing combined in 2017, according to the Bureau of Labor Statistic’s new data on consumer expenditures, which was released this month.

“Consumer units” (which include families, financially independent individuals, and people living in a single household who share expenses) spent an average of $9,562 on food and clothing in 2017, according to BLS.

But they spent $16,749 on federal, state and local taxes. The average 2017 tax bill included $7,819 in federal income taxes; $2,098 in state and local income taxes;
https://www.cnsnews.com/news/article/terence-p-jeffrey/bls-americans-spent-more-taxes-food-clothing-combined-2017

David Merrill
10-04-18, 12:55 AM
Thank you for sharing that.

I wonder what to call the Crossover?

xparte
10-04-18, 03:55 AM
significance of the two events we are retelling.the unambiguously intelligible demand once made on Money not its lenders debt. whats the impact on the Bank Note Itself Legal Tendency bankruptcy of legal tender endorsement Marked Notes vs Market Notes Crossover debt bonds, notes, loans and other fixed income securities traded Crossover Artists lawful monies without debt, both public and private, active in equity or debt markets, the risk with being a corporate artist is keeping debt and carrying bills .voluntarily usury is also a venue that has registered volunteers. Artistic Crossover Demand De is abandoning the debt in this de posit MJ quotes livery valance or liberty balanced. discharging a mortgage a debt i created

David Merrill
10-04-18, 09:26 AM
The Baghdad Battery at the heart of the alchemy:


5191

This 2V sulfuric acid electrolysis explains the burnt rocks found on the top of the real Mount Horeb too.


5192

Notice to the Principal is always Key:


5193

I find it fetching with manna from heaven in my ventricles how vivid memories flood back in. They are all right there, and they have been all along. Somebody told me many years ago that the smoke on Mount Sinai was the burning of sulfur to produce vitriol (sulfuric acid). Because I did not know the definition for vitriol it went past without connecting the dots.

So many dots...

Then they are connected!

xparte
10-06-18, 05:21 AM
Visit the interior of the earth,or our ventricles and by rectifying what you find there, . I agree Marcel goodwill should always come with links when resources are available. Scotts-Weapons.pdf Scott, J. C. (1985). Weapons of the weak: everyday forms of resistance. New Haven and London, Yale University Press.

Scott, J. C. (1992). Domination and the Arts of Resistance: Hidden Transcripts. New Haven and London, Yale University Press. It is clear that no Herostratus among them has dared to go into the remote countryside to study the permanent
conspiracy of those whom we still call "the weak" against those who believe themselves "strong"of the peasantry
against the rich. . . . is it not critical to portray at last this peasant who thwarts the {legal} Code by reducing private
property into something that simultaneously exists and does not exist? You shall see this tireless sapper, this
nibbler, gnawing the land into little bits, carving an acre into a hundred pieces, and invited always to this feast by a
petite bourgeoisie which finds in him, at the same time, its ally and its prey. . . . Out of the reach of the law by virtue
of his insignificance, this Robespierre, with a single head and twenty million hands, works ceaselessly, crouching in
every commune . . . bearing arms in the National Guard in every district of France, since by 1830, France does not
recall that Napoleon preferred to run the risk of his misfortunes rather than to arm the masses.
Honoré de Balzac Letter to P. S. B. Gavault introducing Les Paysans
Do not imagine that Tonsard, or his old mother or his wife and children ever said in so many words, "we steal for a
living and do our stealing cleverly." These habits had grown slowly. The family began by mixing a few green
boughs with the dead wood; then, emboldened by habit and by a calculated impunity (part of the scheme to be
developed in this story), after twenty years the family had gotten to the point of taking the wood as if it were their
own and making a living almost entirely by theft. The rights of pasturing their cows, the abuse of gleaning grain, of
gleaning grapes, had gotten established little by little in this fashion. By the time the Tonsards and the other lazy
peasants of the valley had tasted the benefits of these four rights acquired by the poor in the countryside, rights
pushed to the point of pillage, one can imagine that they were unlikely to renounce them unless compelled by a
force stronger than their audacity.
Balzac, Les Paysans
. . . the binary division between resistance and non-resistance is an unreal one. The existence of those who seem
not to rebel is a warren of minute, individual, autonomous tactics and strategies which counter and inflect the
visible facts of overall domination, and whose purposes and calculations, desires and choices resist any simple
division into the political and the apolitical. The schema of a strategy of resistance as a vanguard of politicization
needs to be subjected to re-examination, and account must be taken of resistances whose strategy is one of evasion
or defence the Schweijks as well as the Solzhenitsyn. There are no good subjects of resistance.
Colin Gordon on Michel Foucault, Power/Knowledge I believe the heart is a chamber of reflection

marcel
10-07-18, 12:57 PM
I wonder what to call the Crossover?
the Crossover?

David Merrill
10-07-18, 04:47 PM
That point where the average Joe is paying more taxes than spending on his food and clothing. I called it a crossover - maybe better a 'tipping point' or critical mass.

Two nights now sleeping on that movie.

It would seem that the City of London is the safe haven for trust law. The key to operation is in 'elsewhere'. It seems very fragile if you accept that DOS and LINUX will invent Artificial Intuition in early 2028 based on the Five Cube Sum Number Locks forming a fast RSA Factoring Algorithm between now and then.

5199

5198

Wine is strong.
The king is stronger
Woman is strongest
Above all is truth.

marcel
10-11-18, 02:55 AM
Ah OK. My first thought was ... crossover into the mainstream. Where folks want to know how to save nearly ten thousand a year in taxes. Seminars and workshops on lawful money.

David Merrill
10-12-18, 07:08 PM
Ah OK. My first thought was ... crossover into the mainstream. Where folks want to know how to save nearly ten thousand a year in taxes. Seminars and workshops on lawful money.

That will be a productive threshold.



https://www.youtube.com/watch?v=MIjMwGC1730

Don't worry if you find it down temporarily. The servers are effected by the hurricane.