The Congressional Order 101 initiative

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  • David Merrill
    Administrator
    • Mar 2011
    • 5955

    #16
    Not to diminish your message, but I highlight:

    Originally posted by Christopher Theodore View Post
    Someone asked over at LinkedIn why the value of Bitcoins fluctuated... My answer was that the psychosis was being cured. As reality sets in, and the actual value of a Bitcoin came to the forefront of the mind of the population (which is $0.00 - it abstractly represents nothing of value, according to their site), and the price drops... then psychosis is induced in the population via propaganda of some kind and the price goes up... as more and more people cure themselves of the psychosis there will come a time when the population will become immune to this kind of psychosis being induced to a sufficient degree to make it impossible to sustain the hoax of crypto currency.
    Okay then, you go into it in the very next post.

    Originally posted by Christopher Theodore View Post
    Just to have it said, the CO 101 initiative is not attempting to monetize this portion of what could be called "intellectual property." That deserves to be restated in a more direct way. I am opposed to doing such a thing. I know you are not accusing me of this, but I am concerned other people may at some time in the future.
    You can look for yourself by plugging in Fed Assets Current. I present this as "where we are at now". As compared to where the Initiative proposes to take us...

    The Footnotes I pay most attention to:

    1. Gold held "under earmark" at Federal Reserve Banks for foreign and international accounts is not included in the gold stock of the United States; see table 3.13, line 3. Gold stock is valued at $42.22 per fine troy ounce.

    2. Special drawing rights(SDRs) are valued according to a technique adopted by the International Monetary Fund (IMF) in July 1974. Values are based on a weighted average of exchange rates for the currencies of member countries. From July 1974 through December 1980, sixteen currencies were used; since January 1981, five currencies have been used. U.S. SDR holdings and reserve positions in the IMF have also been valued on this basis since July 1974.

    3. Includes allocations of SDR's in the Special Drawing Account in the International Monetary Fund, plus or minus transactions in SDR's.
    The key to following my thinking about "futures" being education/potential based is to gather a realistic picture how SDR's can be assets in the Treasury. This is by comprehending how SDR's are used today, globally. They set the value of internationally insured packages according to the Universal Postal Union.

    This might be a bit difficult at first but consider endorsement as a promise not to redeem the bill. Then it might start to dawn. I say this because this discussion is the imagery coming into new light.

    The bill (of indictment) being redeemed is exoneration. Redemption. If you sign yourself accommodation party, even on naked contract, then you are promising your substance in lieu of redeeming the bill for value. [This is great stuff for a Coffee Chat.]

    Potentially it would be upon graduation from college that the final risk management algorithm would be applied. Futures becomes the gamble risk on the man or woman's future. Rather than that he or she might educate him or herself enough to redeem, and overcome conditioning that debt has value and substance. The substance is inverted from a negative debt, to a positive productivity potential.

    This way, both the SDR and the Initiative can work collaterally functionally. At the same time. The people who "sweep streets" are delivering at a set rate, for a set rate of pay. Easy to calculate so long as they don't wise up enough to overcome the fear "death and taxes" have conditioned into them. This leaves the higher intellectuals, and especially the teachers as wild cards open for the new "futures" gambling scheme.

    Originally posted by Christopher Theodore View Post
    If we likened the mind to a computer and consciousness to the software...

    The computer is not being monetized.

    The bios & kernel & operating system are not being monetized.

    Installed on/in the operating system are many useful default programs, and it is these portions of consciousness that are being discussed as the assets in the initiative.

    Now.. using these default programs to developed more intellectual property is possible, but these additional works are not being monetized by the initiative either.

    These additional works would be the private intellectual property (copyrighted works, patents, etc..), and they are monetized in a different way. The trouble I had with monetizing them directly at the Treasury, is that they lack the universal value of the knowledge that degrees and diplomas represent. Further, their valuation is difficult to assess until the book or invention makes it to the market... while not absolutely true, "things are only worth what people are willing to pay" is a common saying and until people pay for it we can't say for sure what it's value is actually going to be.


    It's not a great metaphor... but it may help clarify it further for some people.
    I guess that what I am up to is to find that medium ground where this might become practical, your Initiative.

    I was having a holiday conversation with a teacher. He just returned to public schools and attracted the attention of a younger teacher by mentioning "accuracy" and "precision" might be a better approach than "mastery". Mastery being the buzzword of the objective teaching 4th and 5th graders. Mastery being for example cramming a memorized multiplication table in between their ears rather than the "long way around" - to teach them algebra so that they can see how the multiplication table is a functional asset composed of products.

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    The blank areas are midrash - open for discussion. So it may be a bad start, the Table. But use standard Wikipedia definitions for Accuracy and Precision. Combinatorial Mathematics is UN Charter Law - METRO organization and the 1492 New World Order. French Bloodline of Jesus etc. but culminating with the French and Americans going into secret Jamaica Rambouillet Accords to decide for the world that SDR's would be replacing gold as the US Dollar floating (instead of the fixed) exchange rate, domestic and foreign - the $42.22/troy ounce domestic earmark on the asset report above.

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    The Quantum Superposition is like the language free of time, in Arrival.


    This would assume the ability to "see" how a stable upbringing and moral code offers enough assurance (rather than insurance) that the healthy young graduate will be producing far more returns than his paycheck will be drawing out of the world of good. But furthermore, with the Global Village stabilized a figure could be calculated upon graduation, that would be realistic.
    Last edited by David Merrill; 12-05-17, 02:59 AM.
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    • David Merrill
      Administrator
      • Mar 2011
      • 5955

      #17
      My world is fantastic! The transforms I utilize calibrate a balance between dopamine, dimethyltryptamine, melatonin and serotonin. This wakeful part of the daily sleep cycle is a compacted holographic transform - a mutual agreement about trees, chairs, tables etc.

      This is why it is important that I rely on links and source documentation. Why I provide so many images. Having the Legislature especially, leading the episodic hallucinosis confirms that I abide in the divine and natural law. This helps determine your Initiative will be productive and for the good.
      www.lawfulmoneytrust.com
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      www.bishopcastle.mobi

      Comment

      • Christopher Theodore
        Member
        • Dec 2011
        • 55

        #18
        Originally posted by David Merrill View Post
        You can look for yourself by plugging in Fed Assets Current. I present this as "where we are at now". As compared to where the Initiative proposes to take us...
        Which is here (or where ever it would be best reflected in the general public ledger of the US Treasury):



        This is where the People's common Wealth is reflected, and there will eventually be accounting of the assets (measured amounts of intellectual property) manifesting on this balance sheet under "Other Assets" (or wherever the Treasury deems appropriate in the Asset section), and the cumulative liability of the debts to all the schools will be shown in the Liabilities section.

        This accounting is not based on promises of future performance, however. The graduates already spent the time & energy developing the resulting Wealth (with the help of the schools). We will be accounting for the results of past performance.

        That said, because of the massive difference between the base value (that is being proposed to be monetized) and the potential true value (which may still be monetized in other ways) methods for dealing in "futures" for those people interested in such things will have plenty to speculate on and the graduates will have the opportunity to prove that the true value of their knowledge and education, and the accruing value, is way more valuable then the default base value:

        Originally posted by David Merrill View Post
        The key to following my thinking about "futures" being education/potential based is to gather a realistic picture how SDR's can be assets in the Treasury. This is by comprehending how SDR's are used today, globally. They set the value of internationally insured packages according to the Universal Postal Union.

        This might be a bit difficult at first but consider endorsement as a promise not to redeem the bill. Then it might start to dawn. I say this because this discussion is the imagery coming into new light.

        The bill (of indictment) being redeemed is exoneration. Redemption. If you sign yourself accommodation party, even on naked contract, then you are promising your substance in lieu of redeeming the bill for value. [This is great stuff for a Coffee Chat.]

        Potentially it would be upon graduation from college that the final risk management algorithm would be applied. Futures becomes the gamble risk on the man or woman's future. Rather than that he or she might educate him or herself enough to redeem, and overcome conditioning that debt has value and substance. The substance is inverted from a negative debt, to a positive productivity potential.

        This way, both the SDR and the Initiative can work collaterally functionally. At the same time. The people who "sweep streets" are delivering at a set rate, for a set rate of pay. Easy to calculate so long as they don't wise up enough to overcome the fear "death and taxes" have conditioned into them. This leaves the higher intellectuals, and especially the teachers as wild cards open for the new "futures" gambling scheme.
        Originally posted by David Merrill View Post
        I guess that what I am up to is to find that medium ground where this might become practical, your Initiative.
        Did the preceding responses in this post help with that?


        Originally posted by David Merrill View Post
        I was having a holiday conversation with a teacher. He just returned to public schools and attracted the attention of a younger teacher by mentioning "accuracy" and "precision" might be a better approach than "mastery".Mastery being the buzzword of the objective teaching 4th and 5th graders. Mastery being for example cramming a memorized multiplication table in between their ears rather than the "long way around" - to teach them algebra so that they can see how the multiplication table is a functional asset composed of products.

        [ATTACH=CONFIG]5005[/ATTACH]

        The blank areas are midrash - open for discussion. So it may be a bad start, the Table. But use standard Wikipedia definitions for Accuracy and Precision. Combinatorial Mathematics is UN Charter Law - METRO organization and the 1492 New World Order. French Bloodline of Jesus etc. but culminating with the French and Americans going into secret Jamaica Rambouillet Accords to decide for the world that SDR's would be replacing gold as the US Dollar floating (instead of the fixed) exchange rate, domestic and foreign - the $42.22/troy ounce domestic earmark on the asset report above.

        [ATTACH=CONFIG]5007[/ATTACH]

        The Quantum Superposition is like the language free of time, in Arrival.


        This would assume the ability to "see" how a stable upbringing and moral code offers enough assurance (rather than insurance) that the healthy young graduate will be producing far more returns than his paycheck will be drawing out of the world of good. But furthermore, with the Global Village stabilized a figure could be calculated upon graduation, that would be realistic.
        I am/was more concenred with erring on the side of caution than accuracy & persision... accounting for the lowest common deonomininator. As long as the assets are not over valued -- assigned an inflated value, like the proposed Trillion Dollar Coin from the MMT people -- then there will be no inflation.. the confidence in the money (USD, Yen, Pound, etc..) will just be "stronger" due to the known under valuation of the assets backing the units of money.

        ".. While people may be tempted to develop more complicated accounting methods to more accurately account for a base value nearer the true value base value and increasing the base value from there), you will find that the accounting is already going to be a bit complicated even with this simple variable cost-based formula establishing the base valueAny such proposed changes adding complexity to this, if they are deemed wise, can always be done later."

        Accounting for the value beyoned the base value which covers the cost of the educational services also leaves a huge amount of questions related to what to do with the money that didn't go to the schools... they start here:

        Should it go to the students?
        Should it be a bonus for the teachers/schools?
        Should the government keep it?

        But as you begin to think about the answers and the questions those answers will provoke, and the answers to all those questions, etc... I hope you can appreciate why I am just staying focused on a single solid step (or maybe a few step) rather than overly complicating it to a point that most people would just dissassociate compleatly.

        I am not opposed to this happening, greater accuracy & percision, but I am wanting to leave those subsequent innitiatives and deriviative works to others.

        The Wright Bros didn't role a F-16 out of their bike shed... and Microsoft's first OS was DOS..

        This Initiative will solve one of the Major problems I am interested in solving: the National Debt's slavery of the next 460 years of the population:



        "Lankford explained that it would take more than 450 years to pay off the national debt in full if the government was able to reach a $50 billion surplus every year. The national debt is currently $19.8 trillion."

        With the economic 'fusion power' of the CO101 innovation, we could do it today but it would blow almost all the mental circuits of the population..

        But.. with the openended nature of the initiative (unlike a State initiative that have expriation dates, because there is not set law dictating such a thing at the Federal level), this will happen when the population is made aware of it via Constructive Notice -- which is the upgrade to the mental circurity -- and no massive opposition forms.

        I don't expect the Majority to actually sign it (it might happen), but more likely that Congress will act on the stiplulation in the Order allowing them to do what they are already authorize to do.

        In essence, until a Majority signs it, the Order is not a "command from the sovereign," but a "petition for redress."

        Comment

        • David Merrill
          Administrator
          • Mar 2011
          • 5955

          #19
          But as you begin to think about the answers and the questions those answers will provoke, and the answers to all those questions, etc...
          Like I said, a midrash. We play with ideas.

          I am not opposed to this happening, greater accuracy & percision, but I am wanting to leave those subsequent innitiatives and deriviative works to others.

          The Wright Bros didn't role a F-16 out of their bike shed... and Microsoft's first OS was DOS..
          It will be regulated wisely but simply comes down to a paradigm shift about Debt having substance and value. It does not. It cannot.

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          It would seem to be such a blow to the consciousness that it creates a mass displacement hysteria or hallucination of cognitive dissonance. But I believe that you insinuate that we can have both systems going at the same time.
          1. value based on student loan, endorsement, credit rating, conditioning and contribution to sustainable debt overall
          2. foreseeing the potential prosperity of having a degree, healthy living, moral values, stable capital to travel etc.


          I am biased, I know. But I often project anybody who disagrees to be influenced by the delusion debt has value and substance.

          I coined the recent SDR basket DRYEP (pronounced Dry Up). Dollar, Renminbi, Yuan, Euro and Pound Sterling being , the US, China, Japan, European Union and England.


          Go for it. Think of it as already done.
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          Last edited by David Merrill; 12-07-17, 02:54 AM.
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          • Christopher Theodore
            Member
            • Dec 2011
            • 55

            #20
            The Asset Swap

            Originally posted by David Merrill View Post
            It would seem to be such a blow to the consciousness that it creates a mass displacement hysteria or hallucination of cognitive dissonance. But I believe that you insinuate that we can have both systems going at the same time.
            1. value based on student loan, endorsement, credit rating, conditioning and contribution to sustainable debt overall
            2. foreseeing the potential prosperity of having a degree, healthy living, moral values, stable capital to travel etc.
            I am not insinuating it, I am stating it. But not in the way you are illustrating here... In fact, both debt based assets and debt free assets are ALREADY being used to sustain the global money supply... of every Nation & all the central banks. There is just a massive amount of debt based assets being used, world wide.

            Now, obviously student loans would cease to exist (as would tax collection to fund all the public educational systems and private edu funded by public sources -- including tax collection for all forms of public training (military training, emergency services traning, etc.. -- these are valid forms of educational services that involve testing and official certifications). Developing this Wealth pays for itself as long as we don't fail to account for the Wealth... and it's not currently being accounted for on the books of either the US Treasury or the Federal Reserve Bank -- accounting for the same asset 2x or more is a no-no.

            Someone on Facebook described the nunc pro tunc accounting of the assets of all current living graduates being proposed as an "asset swap" -- a swap of the debt free assets (intellectual property) into the place of debt based assets that are sustaining the portion of the money supply representing the public debt & student loans. It's certainly a way to describe it, but not technically accurate. The money of account is going to be created, and when you add a positive number to a negative (even on a ledger), they nullify each other: -$20,000,000,000,000.000 + $20,000,000,000,000.000 = $0.000

            When the debt is paid, the debt & debt instrument is "destroyed" (as is the portion of the money supply that paid it). A loan contract "paid in full," is of value to no one. Since the portion of the money supply in circulation the debt represented is not collected via taxes and used to pay the debt, it remains in circulation without debt backing it, and this new money being created via monetizing the assets never enters circulation. What now backs the portion of the money supply is measured amounts of knowledge and education held by graduates... and the money left in circulation (once backed by the debt) can be redeemed with the graduates. Nothing really changes in day to day life for anyone though... until tax time that is.. because there is no need to collect taxes to pay all that interest on the public debt every year.

            So yeah, "asset swap" is kind of a simple way to describe it... the result is the same.

            Regardless of people's views on if debt based assets are even assets in truth, the "reality" is that the money supply in people's bank accounts and pockets is not a figment of their imagination (feel free to try and convince them otherwise). Even if we swapped out all the FRN for US Notes and made adjustments to all the accounts in all the ledgers redefining that the money of account was lawful public money and not Fed private credit... you still have to address the issue of what all that lawful public money in circulation represents... unless you are going to subscribe to MMT (Modern Money Theory - if I understand it correctly - they seem to be saying there doesn't need to be any kind of valuable for the medium of exchange to represent, that we just need to pretend the money is valuable... which is a great idea... for people creating money out of thin air, like Bitcoin and other such schemes, but not a good idea for people who create real Wealth).

            And, truth be told, not all the debt based assets sustaining the money supply will be able to be "swapped out" via this initiative. Nor would gold & silver assets be able to replace all of the debt based assets either (it's a physical impossibility - although, I am sure people with gold & silver holdings would LOVE to have the weights and measures manipulated in their favour and are pressing for such things at the expense of everyone else).

            In fact, the assets proposed by this initiative initiative AND all the gold & silver on Earth would not be sufficient to replace all the debt based assets the money supply represents (and correct me if I am wrong, but the gold & silver is already being used as such an asset anyway, just not exclusively, so it can't be accounted for 2x or more)... This initiative it is just a step in that direction -- using debt free assets.

            Without the public debt, there is no yearly $270 billion dollar interest payment that all the income tax is collected for.

            While the public debt will be able to be zeroed out, there is a massive amount of private debt that will not. The student loans (private debt), however, will also be zeroed out... and.. in many instances, as the assets are monetized, there will be refunds to graduates that have actually paid off their loans in whole or in part, or refunds to scholarship trusts and private grant trusts, and to other private sources that paid for the education.

            Contemplate the nunc pro tunc principle applied to this retroactive accounting.. had we been monetizing this intellectual property the whole time, it can be reasonably argued there would be no public debt, people who paid for school out of pocket would still have that money in pocket, etc..

            The publicly funded education, since it was funded via public sources, goes back to the public sources (because of the debt -- it pays the debt and "destroys the money of account" created -- truth be told, the money supply in circulation representing that debt will simply remain in circulation -- had it been collected via taxes and used to pay the debt, it would have been destroyed in the process).

            Regarding the rest of the private debt, people are certainly free to stop borrowing if they don't like that system. Most of that private debt, while that portion of the money is still borrowed into existence, it has debt free assets used as collateral backing the debt instrument -- like homes & cars, for example.

            Comment

            • Christopher Theodore
              Member
              • Dec 2011
              • 55

              #21
              Originally posted by David Merrill View Post
              Go for it. Think of it as already done.
              Congress, when they draft the legislation, may do it... the Order only stipulates the valuation of the individual assets is to be "accounted for at no amount less tha[n] the total cost to provide students the education the educational document evidences" [see: 2(c)]... nothing limits their ability to develop or use other methods of valuation.. this is just a common cost based valuation method... the valuation of intellectual property is not the innovation of this solution, just an element of it.

              I intentionally left the the initiative very mercurial, both for sake of simplicity and because people love to discuss & make things better than they found them!

              I advocate people send an "Addendum" with their Orders if they want to propose how the details should be worked out... I was only concerned with the broad strokes...

              Comment

              • Christopher Theodore
                Member
                • Dec 2011
                • 55

                #22
                Originally posted by David Merrill View Post
                China buys up 20% of the National Debt. Then they sell a bunch of bonds but certainly are not happy with a bunch of paper.
                In my youth (25+ years ago), one of my younger brother's friends took a job in China and was getting paid ~$30.00/hour. He was about 19 at the time. He had no college degree and was hired as a teacher, teaching English to younger children (basically, he was getting paid to talk in English to their students). I had considered doing this my self because of the opportunity to travel & the good pay, but was never able to meet with his friend to find out how I could sign up for this. I was already doing much travelling in America in the "On the Road" style of Jack Kerouac -- a type of Dharma Bum -- and we never crossed paths in our travels.

                This is an example of exporting part of this knowledge & education. The Chinese may not be happy with a bunch of paper, but if they can give it (or transfer credits on account), to actual degree holding teachers from the USA, and teachers are happy accepting it and getting to see the world doing what they love... it sounds like a good deal for everyone: Accord & Satisfaction.

                Kindly forgive the lateness of this response, to that post.

                As we reduce the "language free of time" to written word & pictographs, not all responses can be provided, there is just so much to say.

                As I reviewed the thread however, this caught my eye (again), and I feel this response is important to the discussion because of a need for recognition of the fact that these forms of intellectual property are already being imported and exported all the time, ergo, the currency proposed to be created representing it is already seen as valuable because the underlying asset is already seen as valuable... Universally valuable.. like gold & silver.

                Teachers are the new international merchants of the Information Age... and everyone has something to teach! :-D

                While I am not directly related to Cecil John RHODES (he had no children), perhaps my current efforts are in some way related to clearing the FAMILY name. A "family karma," if it could be called such.

                I have occasionally thought it was a real bummer that I did not have a default spot at Oxford waiting for me as a RHODES Scholar... that Trust, as far as I know, didn't bother to include the whole family... perhaps because it is such an old family, and somewhat large, dating back to it's origins found in the myths surrounding the Isle of Rhodes -- Poseidon copulating with nymphs creating the original people of RHODES.

                I am not sure if my work would constitute an entire economic discipline like Keynesian or Marxism, but rather Rhodian economics as a derivative of the Austrian or Neoclassical schools of thought(?) has the potential to make it possible for everyone to have a "RHODES Scholarship" to any schools they would like to study at and are accepted to.

                Fortunately for the world, I am not looking to bring the world under the rule of any Nation or the UN, but rather, under the Rule of We, the People of Earth... second only to God.

                Comment

                • David Merrill
                  Administrator
                  • Mar 2011
                  • 5955

                  #23
                  Thank you! That is worth pondering.

                  One thing that stands out is my perception that debt and substance cannot occupy the same mental state; while you say they already are. - That both can be backing various currencies in the world. While I must maintain the central banking code prevails. Except for rumors about Isle of Mann etc. That there are domains outside the IMF...

                  It looks like you admit though, these assets do not yet show up on the official reports. So I will retain my notions about SDR's for now.

                  I find this thread very productive and again, thank you.
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                  Comment

                  • Christopher Theodore
                    Member
                    • Dec 2011
                    • 55

                    #24
                    Originally posted by David Merrill View Post
                    Thank you! That is worth pondering.

                    One thing that stands out is my perception that debt and substance cannot occupy the same mental state; while you say they already are. - That both can be backing various currencies in the world. While I must maintain the central banking code prevails. Except for rumors about Isle of Mann etc. That there are domains outside the IMF...

                    I believe I may be guilty of speaking loosely, kindly forgive that as I clarify it:

                    It's not actually debt that is being monetized, it is the debt instruments (aka Securities). These contracts promising some form of future performance are being presumed to have value (even though it is based on a future event). The full faith that these contracts will be honoured by the borrower, gives rise to credit on an account of the borrower and the debt is recorded in a separate account of the borrower - full faith & credit.

                    Is the presumption that the borrower is going to be guilty of defaulting in honour of the doctrine of a "presumption of innocence?"

                    Full faith & credit.. until proven otherwise.. and collateral remains in the hands of borrowers.. unless they default.

                    This use of doubte-entry bookkeeping, in brief: As the bank "monetizes" these debt instruments, they actually create 2 accounts... one for the debt and one for the credit, so, you are absolutely right: The asset and the liability do not occupy the same space on the same account on the ledger. But both are occupying space in the same ledger, in separate accounts.

                    It's inaccurate to say the banks are "creating money out of thin air" though. It's as technically erroneous as my loose statements that debt is the asset backing portions of the money supply. The banks are not just creating credit entries on the account without these contracts in hand. They are not allowed to and I suppose I should find the laws that make this a crime -- if I cared to prove this kind of ledger fraud is unlawful.

                    Anyway.. I am not here to debate the fine points of the Federal Reserve System or the UCC, it's merits or lack of them... it is undeniable that using these debt instruments as the assets (debt based assets) backing portions of the money supply has problems, and the only reason I mention this, is to illustrate that there was not a complete break from the principles of natural laws of economy that requires something of value to be represented by the mediums of exchange.

                    The US Treasury Balance Sheet, in the Assets section, shows the assets backing BOTH the money of account and those $300 million US Notes/Coins in circulation (money of exchange) -- Both back Dollars (can we presume this is true of all UN Members?):



                    In the main Assets section, there are both debt-free (or non-debt based) assets and debt based assets being reflected.

                    For example, SDRs are debt based assets -- Note 2. - paragraph 5 of the Cash and Other Monetary Assets section -- "The SDR is an international reserve asset created by the IMF to supplement the existing reserve assets of its members. These interest-bearing assetsdebt free assets (or non-debt based) assets.

                    Originally posted by David Merrill View Post
                    It looks like you admit though, these assets do not yet show up on the official reports.
                    The assets, being proposed for monetization in the initiative, certainly are not being accounted for on the US Treasury Balance Sheet.

                    Until the majority of the People command their public servants via the Order to start accounting for them (like we are doing with gold & silver assets), OR the Congress acts on it's previously delegated powers and treats the Order like a petition for a redress (which doesn't require a Majority), these assets won't be accounted for.

                    If the majority of people want to take the position the money supply doesn't represent assets or that the particular asset being proposed to be used to back the creation of lawful public money is worthless, then maybe I am actually wrong about knowledge & education having any value at all... but since they pay for it all the time.. it's hard to ignore that everyone has already recognized these measured amount of knowledge & education.

                    I dare say, even though people have not actually signed the Order physically by putting pen to paper, they have signed it in thought, word and deed. But I don't like operating on presumptions of social contract. I want people to actually put pen to paper... but I will press the issue because of the indenture of the next 460 years of people being a form of slavery. The doctrine of necessity justifying this Treason is nullified, in fact.

                    I drafted the Order in recognition of what is already held to be relatively true by the Majority.. people have just never combined these relative truths in the way they are combined in the Order:

                    Valuable assets back the money supply.
                    Measured amounts of knowledge & education are valuable assets.
                    These assets are not being used to back the money supply yet.
                    The US Treasury creates money.
                    Congress writes law.
                    People can unite as a Majority and write law directly, or direct their public servants to do so.
                    The works of authors and inventors are valuable assets, and this one is of universal value to the world.
                    etc.. etc..

                    Comment

                    • Christopher Theodore
                      Member
                      • Dec 2011
                      • 55

                      #25
                      I make the presumption that the next 460 years of people are not willing to pay the debts of those acting on that presumption:

                      It Could Take 460 Years to Eliminate the National Debt, Warns Senator

                      https://pjmedia.com/news-and-politic...warns-senator/


                      To be born into, and obligated either directly or constructively to pay other people's debt, is a form of slavery long recognized by the population of this planet.

                      Who has the fiduciary duty to abolish this form of slavery?

                      Since the Order will eliminate the public debt with out default, can the -- roughly 2.5 billion -- people that are going to be born be presumed to have signed the Order?

                      Can I act as the fiduciary in this instance and sign on their behalf?

                      If not me, then who?

                      Who is failing in their fiduciary duty?

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