According to Bouvier, public money is the money which Congress can tax for public purposes mandated by the Constitution. Private credit when collected in revenue can fund programs and be spent for purposes not cognizable by the Constitution. We have in effect two competing governments: the United States Government and the Federal Government.

The first is the government of the people, whereas the Federal Government is founded upon private law and funded by private credit. What we really have is private government. Federal Agencies and activities funded by the private credit system include Social Security, bail out loans to bankers via the IMF, bail out loans to Chrysler, loans to students, FDIC, FBI, supporting the UN, foreign aid, funding undeclared wars, etc., all of which would be unsustainable if funded by taxes raised pursuant to the Constitution.

The personal income tax is not a true tax but rather an obligation or burden which is voluntarily assumed, since revenue is raised through voluntary contributions and can be spent for purposes unknown to the Constitution. Notice how the IRS declares in its publications that everyone is expected to contribute his fair share. True taxes must be spent for public purposes which the Constitution recognizes. Taxation for the purpose of giving or loaning money to private business enterprises and individuals is illegal: 15 Am.Rep. 39, Cooley, Prin. Const. Law, ch IV.

Revenue derived from the federal income tax goes into a private slush fund raised from voluntary contributions and Congress is not restricted by the Constitution when spending or disbursing the proceeds from this private fund. It is incorrect to say that the personal federal income tax is unconstitutional, since the tax code is private law and resides outside the Constitution.

The Internal Revenue Code is non-constitutional because it enforces an obligation which is voluntarily incurred through an act of the individual who binds himself. Fighting the Internal Revenue Code on constitutional grounds is wasted energy. The way to bring it all down is to attack the Federal Reserve System and its banking cohorts by demanding that private credit be redeemed, or by convincing Congress to abolish the Fed.

Never forget that private credit [central bank credit] is funding the destruction of our country.

[Reprinted from 'Freedom League', Sept/Oct 1984]

By demanding non-negotiable Federal Reserve Notes at the time of cashing any paycheck, you’re avoiding the taxable event:

Redeemed in lawful money Pursuant to 12 USC 411
:True Name: dba LEGAL NAME

You’re avoiding the activity — or the verb — of endorsement. [Actually, I believe it is a restrictive endorsement because it 'restricts' how the bank may negotiate the instrument.]

Negotiable instruments can be exchanged for other and presumably higher forms of currency. So a nonnegotiable Federal Reserve Note is a way of saying that you’re getting United States Notes instead. This is domestic emergency currency, instead of foreign emergency currency (Federal Reserve Notes). The problem with this non-endorsement as far as the bank is concerned, is that the bearer of the check is not pledging any credit; any private credit behind the check.

[The Story of Money — Federal Reserve Bank of New York]

The only bond behind the check is the presumed goods or services, and the full amount has to come out of the bank account of the drafter — whoever drafted the check. This means that the bank cannot do any fractional lending; for every $10 that’s put into the vault, they can’t lend out $90 more. And so this is what it means in the article by it diminishes the private credit. You’re actually redeeming the private credit from the Federal Reserve and putting it into public money form — non-negotiable Federal Reserve Notes. They still look like Federal Reserve Notes…

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So there you have it; Income tax is a tax for using PRIVATE 'MONEY", i.e. CREDIT extended to Congress by Federal Reserve. And what do you think will happen when you start using CREDIT that Congress got from the FedRes, and is liable for? Do you think that Congress will be paying interest on that debt, when YOU are USING IT? NOPE, they pass that obligation on to YOU, since you're the last user of that credit. And that's why they established the Internal Revenue Service; to COLLECT the interest/fee for use of PRIVATE FedRes credit from YOU, since you're the one using it!

Don't wanna be liable for that? Then STOP USING that FRN DEBT instead of real money! And the 12 USC 411 demand, is the MAIN step everyone needs to take in order to return to the REAL law of the Republic, where the people are sovereign, rather than being gov't subjects and paying private bankers for the use of their credit.

Oh, and I hope everyone realizes that the more FRN debt notes are in circulation, the HIGHER the national debt. And the higher the national debt, the FEWER FREEDOMS there are in a nation. So you can whine, shout or protest all you want, but as long as the ND keeps on increasing, your freedoms are going to keep disappearing. So it's YOUR CHOICE, you can either wait until you're a total slave before doing anything, or you can START NOW, by making DEMANDS for LAWFUL MONEY.

And the latest demand for lawful money that we now use as endorsement on paychecks is:

Special Deposit.

Demand is made for lawful money,

pursuant to Title 12 USC 411.

Jaro Henry Smith; dba JARO HENRY SMITH