Quote Originally Posted by RThomas View Post
You are still avoiding giving direct answers to questions and are continuing to ‘promote’.

Does the conversion of Tom’s substantive deposit of the dollars given for the fruits of his labor take place at the time of his deposit or at the time of his acceptance of FRNs? This is a simple question that you seem to want to avoid.

Can Tom pass substantive absolute title that Tom does not hold to any kind of paper?

Would you agree or disagree that a check, in stead of FRNs, from Tom would pass absolute title to the dollars in his account, because actual conversion by acceptance has not yet taken place by Tom?


RThomas
I believe I have answered that question; I see NO conversion when the demand for lawful money is made. You believe that the acceptance of FRNs UNDER ANY CIRCUMSTANCE nullifies any prior demand or intent. I disagree with your assessment in that regard.

In a way, your gripe (according to your view) is with the FED and the "official" banks that operate under its system. You say that banks have no business issuing FRNs to you or the average "Joe Sixpack" (JS) because "their" law prohibits that. You also do not believe that JS is a quasi-FED bank, or treated like one, since there exists no overt wording of law or treatise spelling that out. And yet, everyday JS receives FRNs when he brings a check to a bank to cash. How do you explain that? Do you wish to bring charges against every bank in the US for falsely and unlawfully issuing FRNs to everday people who are not FED banks, or agents thereof, according to their law? Maybe you should bring that action in a court of competent jurisdiction and see how you make out. I for one would be extremely interested and curious as to the response you get.

The contract with the FED which applied to official FED banks, as written in the Federal Reserve Act of 1913 Section 16, by obvious deduction was opened to the general population in 1933 whereby their signature endorsment created the bond behind the elasticity of the FED's currency and credit enabling the FED to keep their charter intact and to continue to grow their stranglehold upon the assets of the United States of America via debt. How else can you explain your stance that when one receives or accepts FRNs, it obligates the acceptor to all the rules and regulations governing the private credit of the Federal Reserve?

My opinion is that conversion only takes place when one signature endorses a check in the conventional way we were all taught by those we trusted in.