How to use this Lesson Plan.

[Keith Alan]

What good or service are you considering, Keith? That scrip reminds me of Ithaca Hours. The banking cabal allows these local currencies so long as they don't become nationwide. Certainly better than FRNs but experience shows these aren't really needed when we have Lawful Money of the US, commodities, and bitcoin to trade with. Pretty much universally accepted. And the banksters cannot stop any of them.

I'm playing with the idea of goods and services being provided to people out of Christian charity, and recognized by a beneficiary who then issues the certificate, which can be honored by others in a private society.

Ithaca Hours and other systems are mutual credit systems, where a society or trade network extends credit to members within the network.

My idea is an inverse application of mutual credit, where instead of the society extending credit to individuals, individuals extend credit to the society.

Example: a painter extends credit to someone when he paints their living room. The debtor then issues a certificate authenticating the work was done. Now the society owes the painter.

The model is Christ himself, who offered his sacrifice to the Father for the world's benefit, rather than the world extending credit to him in exchange for his work.

[doug555]

Fetching twist on redemption!

However, an even easier instrument to use would be the "bill" itself - The Indorsed Bill Remedy.

[David Merrill]

Here's something I've been working on ...[ATTACH]1603[/ATTACH][ATTACH]1604[/ATTACH]

Fetching twist on redemption!

[Chex]

Make your demand and keep a good record of it. The law says you redeem lawful money by demand. Nobody can force someone, even under contract (like Congress) to perform an impossibility. But nobody can interfere with you making your demand and even publishing your demand.

The Constitution states that "the accused has the right to face his/her accuser in a court of law".

[David Merrill]

(2) Any payment, conveyance, transfer, assignment, or delivery of property or interest therein, made to or for the account of the United States, or as otherwise directed, pursuant to this subdivision or any rule, regulation, instruction, or direction issued hereunder shall to the extent thereof be a full acquittance and discharge for all purposes of the obligation of the person making the same; and no person shall be held liable in any court for or in respect to anything done or omitted in good faith in connection with the administration of, or in pursuance of and in reliance on, this subdivision, or any rule, regulation, instruction, or direction issued hereunder.


Can someone explain this "Like I'm 5."

I get the lawful money redemption, but, at some point in the 30's, redemption no longer existed. The currency changed, weren't redeemable anymore. I'm sure the ones printed prior were, but, at this point, with the more current bills, I feel as if the words "discharge" carry more weight.

We receive bank checks for currency. I get a loan, I increase the amount of currency. I pay it back, that amount of currency still exists in the system, at least within the credits/debits within the banks. When banks need cash, they can get federal reserve notes, which really are just paper representations of commercial loans (chopped up into little tiny increments).

I just need to understand the "discharge" process. Since we don't get paid actual money for anything anymore, presentment with bank notes, promissory notes then allow us to "discharge" a debt? Maybe give a scenario of the process.

Make your demand and keep a good record of it. The law says you redeem lawful money by demand.



Nobody can force someone, even under contract (like Congress) to perform an impossibility. But nobody can interfere with you making your demand and even publishing your demand.

[mikecz]

(2) Any payment, conveyance, transfer, assignment, or delivery of property or interest therein, made to or for the account of the United States, or as otherwise directed, pursuant to this subdivision or any rule, regulation, instruction, or direction issued hereunder shall to the extent thereof be a full acquittance and discharge for all purposes of the obligation of the person making the same; and no person shall be held liable in any court for or in respect to anything done or omitted in good faith in connection with the administration of, or in pursuance of and in reliance on, this subdivision, or any rule, regulation, instruction, or direction issued hereunder.


Can someone explain this "Like I'm 5."

I get the lawful money redemption, but, at some point in the 30's, redemption no longer existed. The currency changed, weren't redeemable anymore. I'm sure the ones printed prior were, but, at this point, with the more current bills, I feel as if the words "discharge" carry more weight.

We receive bank checks for currency. I get a loan, I increase the amount of currency. I pay it back, that amount of currency still exists in the system, at least within the credits/debits within the banks. When banks need cash, they can get federal reserve notes, which really are just paper representations of commercial loans (chopped up into little tiny increments).

I just need to understand the "discharge" process. Since we don't get paid actual money for anything anymore, presentment with bank notes, promissory notes then allow us to "discharge" a debt? Maybe give a scenario of the process.

What good or service are you considering, Keith? That scrip reminds me of Ithaca Hours. The banking cabal allows these local currencies so long as they don't become nationwide. Certainly better than FRNs but experience shows these aren't really needed when we have Lawful Money of the US, commodities, and bitcoin to trade with. Pretty much universally accepted. And the banksters cannot stop any of them.

[Keith Alan]

That's funny; I offered to trade with the disinfo agents a month ago ... and they ran away!

Here's something I've been working on ...

That's exactly what I've been thinking! Just so you know, I would trade with you, if geography wasn't a problem. I imagine there are thousands of people who would be willing to trade amongst themselves, if only they could do it with any practicality.

That's funny; I offered to trade with the disinfo agents a month ago ... and they ran away!

[Chex]

I feel that point became a little more blatant (pun) with the term "naked", as in naked contract. That is amazing how many folks, mainly the Federal Reserve will create new markets out of an absurdity - that debt is money

nudum pactum legal definition are contracts. A contract made without a consideration,; it is called a nude or naked contract, because it is not clothed with the consideration required by law, in order to give an action. 3 McLean, 330; 2 Denio, 403; 6 Iredell, 480; 1 Strobh. 329; 1 Kelly, 294; 1 Dougl. Mich. R. 188.

2. There are some contracts which, in consequence of their forms, import a consideration, as sealed instruments, and bills of exchange, and promissory notes, which are generally good although no consideration appears. http://legal-dictionary.thefreedicti...m/Nudum+pactum"When he sent his banking bill to Congress, the House received it with much the same ardor as it had greeted Woodrow Wilson's war legislation. Speaker Rainey said the situation reminded him of the late war when "on both sides of this Chamber the great war measures suggested by the administration were supported with practical unanimity....Today we are engaged in another war, more serious even in its character and presenting greater dangers to the Republic." After only 38 minutes debate, the House passed the administration's banking bill, sight unseen". http://www.law.cornell.edu/uscode/text/10/712http://www.law.cornell.edu/uscode/text/12/92a
(a) Authority of Comptroller of the Currency
The Comptroller of the Currency shall be authorized and empowered to grant by special permit to national banks applying therefor, when not in contravention of State or local law, the right to act as trustee, executor, administrator, registrar of stocks and bonds, guardian of estates, assignee, receiver, or in any other fiduciary capacity in which State banks, trust companies, or other corporations which come into competition with national banks are permitted to act under the laws of the State in which the national bank is located.

I take the fifth.

[allodial]

That is amazing how many folks, mainly the Federal Reserve will create new markets out of an absurdity - that debt is money.

Well I suppose that tax credits would by nature provide relief from current or future debt. However, for contrast consider that while there is a huge market for tax credits there is an enormous market for trading bankruptcy claims (as in trading and swapping slices of a bankrupt company). Perhaps there is a parallel in the Federal Reserve System.

[David Merrill]

Yes I could barter or use a private currency, but not everyone in this country is willing to do business that way.

That wasn't the purpose of my post.

Since the Gov, IRS and the Courts all operate under 'Equity' or 'Contract' law I thought everyone here would find that quote useful since coercion nullifies all contracts

I feel that point became a little more blatant (pun) with the term "naked", as in naked contract.

There is a huge market for tax credits (primarily banks and financial institutions).

That is amazing how many folks, mainly the Federal Reserve will create new markets out of an absurdity - that debt is money.

Oh, that is fascinating. Thank you. Now as a bank I wouldn't have much use for STSC, making $ hand over fist with any loss covered by the taxpayer. I mean, what is the robbing of a bank compared to owning one?

Unless I wanted to learn about the ways patriots are bypassing my bank scam, in order to counteract it.

Oh, that is fascinating. Thank you. Now as a bank I wouldn't have much use for STSC, making $ hand over fist with any loss covered by the taxpayer. I mean, what is the robbing of a bank compared to owning one?

Unless I wanted to learn about the ways patriots are bypassing my bank scam, in order to counteract it.

[allodial]

I don't think so, don't see any for sale on eBay ... unless you're talking about items whose purchase has value as a tax credit. For ex. you could buy a solar panel for $1000 and then use it for maybe a 30% energy tax credit. Not really useful to me since I'm a NONTAXPAYER.

There is a huge market for tax credits (primarily banks and financial institutions).

I don't think so, don't see any for sale on eBay ... unless you're talking about items whose purchase has value as a tax credit. For ex. you could buy a solar panel for $1000 and then use it for maybe a 30% energy tax credit. Not really useful to me since I'm a NONTAXPAYER.