"Lawful Money" definition? attn:David

[allodial]

J. Elliot said: Sure, Marty. You can go to a bank or credit union and endorse for lawful money and cash your check. You'll get FRNs. If you redeem FRNs for lawful money, you get FRNs. There's no special account. There's no discharge of tax obligation. Nothing happens but the receiving of newer, crisper Federal Reserve Notes.

Attorney word confusion..."endorse for lawful money", "cash the check" ...instead... we redeem for lawful money ("Casino exit strategy"), we present draft drawn on the bank rather than "cashing". Cashing a check is what you do when you present a draft to a bank that is drawn on a different back and want cash.

U.S. notes might be in book entry form nowadays.

You might be familiar with my process - Diminished Money Counterclaim. The judge could not recognize value of US notes being diminished by being pegged to the value of FRN's as an actual injury.

It might also be worth considering the notion of the gold in the general market as being leased into the market by the U.S.

A good first step would be to admit to ourselves that we don't really want solutions; what we want is magic....

There was a guy who posted on one of the older sites who suggested the FRB to be a system for working black magic.