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Thread: Remedy - lawful money solution

  1. #91
    Quote Originally Posted by pumpkin View Post
    This is true, but IMO, the presumption is employment by the state, not a 'contract'. The state can tell its employees what they can and cannot do.

    Presumptions are a dangerous thing. They can remain hidden and still control a case. It is best to eliminate any and all possible presumptions that could effect the case. 'No contract' is certainly at the top of the list. Not acting in a representative or within a fiduciary capacity is another. I would also add, not being a debtor. Any of those things could mean equity, and that usually doesn't end well.
    Enlistment in the "Land Merchant Marine" by applying ~= contract (terms of enrollment is statute or code). However, if your intent is not to form a contract then there wouldn't be a contract only a presumed one. One can act as a representative without being an accommodation party. Equity isn't necessarily 'bad'. When equity doesn't follow the law, its not equity.
    All rights reserved. Without prejudice. No liability assumed. No value assured.

    "The object in life is not to be on the side of the majority, but to escape finding oneself in the ranks of the insane." -- Marcus Aurelius
    "It is the glory of God to conceal a thing: but the honour of kings is to search out a matter." Proverbs 25:2
    Prove all things; hold fast that which is good. Thess. 5:21.

  2. #92
    What about land patents and imminent domain?

  3. #93
    Quote Originally Posted by NONOFED View Post
    What about land patents and imminent domain?
    Land patents were dissolved procedurally in Common Law with a writ of scire facias.

    Land patents themselves were writs typically issued by a king.
    Land patents were also known as letters patent as opposed to letters close.

  4. #94
    Congress as passed in 1875 for the distribution of public lands.


    Attachment 2311
    "And if I could I surely would Stand on the rock that Moses stood"

  5. #95
    Quote Originally Posted by NONOFED View Post
    FRNs are promissory notes to pay you in US COINs.
    In a promissory note there are only two parties – the maker (debtor) and the payee (creditor).
    Attachment 2282
    The liability of the maker of a promissory note is primary and absolute.
    Banks stored your gold and gave you a slip, there were many slips, not enough gold, and bank runs.
    There used to be Gold coins, there is no gold coins, since the banks stole it, and your silver, you now get coins containing mostly copper.
    Since that is now the case, take your FRN notes to the bank and see how many coins you can get before the bank runs out of "coins". I bet a bank run.
    There used to be the law of redemption on the notes but no longer yet is still law.
    Attachment 2281
    Look familiar, 12 U.S. Code § 411 and
    Federal Reserve Act Section 16
    1. Issuance of Federal Reserve notes; nature of obligation; where redeemable Federal reserve notes, to be issued at the discretion of the Board of Governors of the Federal Reserve System for the purpose of making advances to Federal reserve banks through the Federal reserve agents as hereinafter set forth and for no other purpose, are hereby authorized. The said notes shall be obligations of the United States and shall be receivable by all national and member banks and Federal reserve banks and for all taxes, customs, and other public dues. They shall be redeemed in lawful money on demand at the Treasury Department of the United States, in the city of Washington, District of Columbia, or at any Federal Reserve bank.

    So they have you using their promissory notes as money! Why are you using them?

    Its like a mining operation, slaves do the work unknowingly; you bring it gold, then silver, then copper. then eventually your are no longer needed. Wicked.
    Ernest Seyd = "I went to America in the winter of 1872-73, authorized to secure, if I could, the passage of a bill demonetizing silver. It was in the interest of those I represented - the governors of the Bank of England - to have it done. By 1873, gold coins were the only form of coin money."

    International Bankers = "On Sept 1st, 1894, we will not renew our loans under any consideration. On Sept 1st we will demand our money. We will foreclose and become mortgagees in possession. We can take two-thirds of the farms west of the Mississippi, and thousands of them east of the Mississippi as well, at our own price... Then the farmers will become tenants as in England..."

    Federal Reserve Headquarters in Wash. D.C.
    It is not Federal and it has no reserves. The name is a deception designed to give this private bank the appearance of a Government Agency, in fact it is run solely to gain private profit for its select stock holders.

    Slickest moves in financial history
    On 23rd December 1913 the house of representatives had past the Federal Reserve Act, but it was still having difficulty getting it out of the senate. Most members of congress had gone home for the holidays, but unfortunately the senate had not adjourned, so they were technically still in session. There were only three members still present. Lead by Congressmen Nelson Aldrich (Grandfather of the Rockefellers) On a unanimous consent voice vote the 1913 Federal Reserve Act was passed. No objection was made, because there was no one there to object.
    Last edited by Chex; 03-17-15 at 02:47 PM.
    "And if I could I surely would Stand on the rock that Moses stood"

  6. #96
    I have always wondered, wasn't a quorum required?

  7. #97
    Senior Member Michael Joseph's Avatar
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    Take a look at this very strange note. Look carefully.

    Attachment 2369

    Shalom,
    MJ
    The blessing is in the hand of the doer. Faith absent deeds is dead.

    Lawful Money Trust Website

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  8. #98
    stoneFree
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    REDEEMABLE IN LAWFUL MONEY OF
    THE UNITED STATES AT UNITED STATES
    TREASURER OR THE BANK OF ISSUE

    Recall that federal tax was due based on the issuance of previous NATIONAL CURRENCY.
    see Act of July 13, 1866 and Veazie Bank v. Fenno
    Last edited by stoneFree; 03-17-15 at 10:10 PM.

  9. #99
    Senior Member Michael Joseph's Avatar
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    Quote Originally Posted by stoneFree View Post
    REDEEMABLE IN LAWFUL MONEY OF
    UNITED STATES AT UNITED STATES
    TREASURER OR THE BANK OF ISSUE

    Recall that federal tax was due based on the issuance of previous NATIONAL CURRENCY.
    see Act of July 13, 1866 and Veazie Bank v. Fenno
    Look just under the National Currency : Secured with United States bonds. Now these bonds were deposited with the Treasurer of The United States of America. So I ask what underwrites the note? Isn't it the bond? And a bond is an obligation for a payment of money.

    Money is a legal tender; however, some legal tender is not money. While the FRN and the USN serve the same purpose in utility, the former is only a legal tender; however the latter is both legal tender and lawful money.

    As to USE - both are lawful to use as a legal tender within the Law Boundary of the United States.

    Agent has always been able to bind principal. Yet these days we see the COMPANY STORE, as bank.

    Shalom,
    MJ
    The blessing is in the hand of the doer. Faith absent deeds is dead.

    Lawful Money Trust Website

    Divine Mind Community Call - Sundays 8pm EST

    ONE man or woman can make a difference!

  10. #100
    Quote Originally Posted by Michael Joseph View Post
    Look just under the National Currency : Secured with United States bonds. Now these bonds were deposited with the Treasurer of The United States of America. So I ask what underwrites the note? Isn't it the bond? And a bond is an obligation for a payment of money. Money is a legal tender; however, some legal tender is not money. While the FRN and the USN serve the same purpose in utility, the former is only a legal tender; however the latter is both legal tender and lawful money. As to USE - both are lawful to use as a legal tender within the Law Boundary of the United States. Agent has always been able to bind principal. Yet these days we see the COMPANY STORE, as bank. Shalom, MJ

    Subsidiary coin? What is the definition of SUBSIDIARY COIN [in circulation to satisfy the demands of commerce]

    Congress has specified that a Federal Reserve Bank must hold collateral equal in value to the Federal Reserve notes that the Bank receives. This collateral is chiefly gold certificates and United States securities. This provides backing for the note issue. The idea was that if the Congress dissolved the Federal Reserve System, the United States would take over the notes (liabilities). This would meet the requirements of Section 411, but the government would also take over the assets, which would be of equal value. Federal Reserve notes represent a first lien on all the assets of the Federal Reserve Banks, and on the collateral specifically held against them. http://www.treasury.gov/resource-cen...al-tender.aspx

    DEFINITION of 'Bond'
    A bond is a debt investment in which an investor loans money to an entity (typically corporate or governmental) which borrows the funds for a defined period of time at a variable or fixed interest rate. Bonds are used by companies, municipalities, states and sovereign governments to raise money and finance a variety of projects and activities. Owners of bonds are debtholders, or creditors, of the issuer. http://www.investopedia.com/terms/b/bond.asp

    DEFINITION of 'Creditor'
    An entity (person or institution) that extends credit by giving another entity permission to borrow money if it is paid back at a later date. Creditors can be classified as either "personal" or "real." Those people who loan money to friends or family are personal creditors. Real creditors (i.e. a bank or finance company) have legal contracts with the borrower granting the lender the right to claim any of the debtor's real assets (e.g. real estate or car) if he or she fails to pay back the loan. http://www.investopedia.com/terms/c/creditor.asp

    In finance, a bond is an instrument of indebtedness of the bond issuer to the holders. It is a debt security, under which the issuer owes the holders a debt and, Bonds and stocks are both securities, but the major difference between the two is that (capital) stockholders have an equity stake in the company (i.e. they are investors), whereas bondholders have a creditor stake in the company (i.e. they are lenders). http://en.wikipedia.org/wiki/Bond_(finance)

    A promissory note is a legal instrument (more particularly, a financial instrument), in which one party (the maker or issuer) promises in writing to pay a determinate sum of money to the other (the payee), either at a fixed or determinable future time or on demand of the payee, under specific terms. If the promissory note is unconditional and readily salable, it is called a negotiable instrument.[1] http://en.wikipedia.org/wiki/Promissory_note

    An Act to Provide a National Currency, Secured by a Pledge of United States Bonds, and to Provide for the Circulation and Redemption Thereof. https://fraser.stlouisfed.org/scribd...df#scribd-open

    Full Title: 1878 TREAS DEPT Receipt for Bonds to Secure Redemption of Circulating Notes
    A receipt dated 1878 sent by The Treasury Department, Office of Comptroller of The Currency for $100,000 United States 4 % Bonds held by The Treasurer to secure the redemption of circulating notes. This is some of the interesting correspondence between The Treasury Department and a National Bank regarding the circulation, redemption and destruction of their National Bank notes. In this case The Northfield National Bank in Northfield, Vermont. http://coins.bidstart.com/1878-TREAS...5923636/a.html

    In 1870, when the return to specie payments finally seemed to have been postponed indefinitely, an act was passed authorizing the establishment of gold banks, issuing notes redeemable in gold coin, and secured by the deposit of "United States bonds bearing interest payable in gold" with the treasurer of the United States.

    The notes were not to exceed eighty per cent of the value of the bonds, and were not to be subject to those provisions of law which then limited the aggregate circulation of bank-notes.

    Several gold banks were organized, chiefly in the Pacific States; but after the return to specie payments, the distinction between the gold banks and others ceasing to be of importance, provision was made by the act of 1880 for their conversion into national banks of the usual type, and there are now no national gold banks in existence. 21 Statutes at Large, 66. Comptroller's Report, 1890, P. 53. http://www.amazon.com/gp/product/054...SIN=0548584117

    A system of banks thus guarded and under the charge of the government itself could hardly be treated by Congress as unworthy of being entrusted with the public funds, as the State banks had been under the Independent Treasury Act of 1846, and provision was therefore made for designating banks as depositories of public money when occasion should require, and for their employment as financial agents of the government, upon their giving satisfactory security, by the deposit of United States bonds and otherwise, for the faithful discharge of these functions.

    The framers of the measure no doubt looked forward at one time to a more consolidated system of banks, and to a closer intimacy with the government than was in fact established; but their action as it stands marks an extraordinary change of policy, made under the pressure of war, by a government which, hardly more than two years before, trusted no agency whatever with the custody of its funds, recognized no medium of payment except specie, and carefully disclaimed all connection with, or responsibility for, any possible system of banks.

    These provisions have secured for the notes a uniform value and give to those of every bank an unimpeded circulation in every part of the Union.

    If, indeed, the law, as in the act of 1863, still made no further provision for redemption than to require every bank to redeem its own notes when presented at its own counter, the return of notes for payment would rarely take place and their substantial convertibility would be nearly destroyed. (Run on the FED)

    But the law of 1864 made provision for redemption by all banks at agencies in the principal cities, and this arrangement continued in force until June, 1874, when the present system was adopted, making the Treasury of the United States the sole redeeming agency for all of the national banks, and requiring every bank to maintain in the Treasury, to be used in redemption of its notes, a reserve equal to five per cent of its circulation.
    The chief effect of this system of redemption, except in the case of insolvent banks or of banks reducing their issues, has been the easy removal from circulation of notes which are worn, soiled, or otherwise unfit for use.

    For the establishment of a system which should test effectively and continuously the power of every bank to convert its notes into specie on demand, it would probably be necessary to require that no national bank should pay out any notes except its own.

    For the general purpose however of maintaining the convertibility of the aggregate note-issue of the banks, the present arrangement is well devised.
    Last edited by Chex; 03-18-15 at 05:50 PM.
    "And if I could I surely would Stand on the rock that Moses stood"

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