A regular deposit of lawful money.

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  • RThomas
    Member
    • Mar 2011
    • 52

    #76
    Originally posted by Rock Anthony View Post
    You're dishing out the homework assignments. I'll try not to get a failing grade.

    I'll respond to your points later on today this week. Thanks, RThomas.

    Comment

    • Anthony Joseph

      #77
      FRNs have a dual character and capacity; they function asvoluntary compliance and agreement of the people was a necessity in order to avoid culpability of treason and enslavement via debt. FDR needed to "persuade" the people to deposit their checks into "new accounts" to be "held in trust" in order to save the Federal Reserve Bank's expiring charter and to avoid complete failure, defualt and bankruptcy of the United States of America.

      Demanding and applying remedy pursuant to the FED ACT of 1913 and 12USC411 is AVOIDANCE of obligation and liability according to the laws governing FED Banks. What a demander or redeemer of lawful money receives or holds are US Notes in the form of FRNs which renders said demander/redeemer exempt and immune from the laws governing the Federal Reserve System. The paper has dual use and dual character; one is the private currency of a federal reserve banker the other is public currency held and used by a man or woman who is absent that capacity and character.
      Last edited by Guest; 09-07-11, 07:48 PM.

      Comment

      • RThomas
        Member
        • Mar 2011
        • 52

        #78
        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 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
        United States coins and currency (including Federal reserve notes
        and circulating notes of Federal reserve banks and national banks) are
        legal tender for all debts, public charges, taxes, and dues.
        Foreign
        gold or silver coins are not legal tender for debts.

        The phrase (including Federal reserve notes and circulating notes of Federal reserve banks and national banks), is a parenthetical. A Parenthetical is extraneous matter and incidental to the main subject matter. A parenthetical is de-emphasized and can be removed without affecting the main subject matter. This is from Bryan Garner’s Redbook. Thus only U.S. coins and currency are declared as legal tender for all debts, public charges, taxes, and dues.


        RThomas

        Comment

        • Anthony Joseph

          #79
          Originally posted by RThomas View Post
          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 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 duesUnited States coins and currency (including Federal reserve notes
          and circulating notes of Federal reserve banks and national banks) are
          legal tender for all debts, public charges, taxes, and dues.
          Please explain then what you determine the line: "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" means to you.

          Comment

          • RThomas
            Member
            • Mar 2011
            • 52

            #80
            Originally posted by Anthony Joseph View Post
            Please explain then what you determine the line: "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" means to you.

            Comment

            • Anthony Joseph

              #81
              Lawful money, as I understand it, is non-self-bonding currency. The line, in my opinion, is the required remedy from the entire FED Act, and subsequent code, written in as the culpability dodge from enslaving a population via debt; those who facilitate the system can always point to the remedy if ever any charges of crimes are brought against them.

              The line cannot be "irrelevant" or "nothing", as you put it, or why put it in at all? The "and for no other purpose" line is accurate when one signature bonds one's self to the credit or currency; essentially anyone who signature endorses is a FED Bank and subject to all the rules and regulations thereof.

              Section 16 of the 1913 FED Act explains that one has the right of choice to NOT be a FED Bank and to NOT bond one's self as chattel behind the priavte credit of the FED by demanding lawful money instead. The demand, when properly formed on and for the record, is all that is required by law to avoid the obligations and liabilities of the private credit and currency of the Federal Reserve.

              The section does not apply to you, or an average Joe Sixpack, unless the privilege of using private credit is initiated. Signature endorsment (self-bonding) is the act that initiates. If one handles and uses FRN paper without such self-bonding endorsment, then the only line that applies is the written-in remedy FROM THE ACT:

              "They shall be redeemed in lawful money on demand..."

              The rest does not apply at all.

              The paper one holds then IS lawful money which is PUBLIC money and not subject to the PRIVATE law of the Federal Reserve system. There are two distinct seals and two signatures on every FRN which denotes the dual nature of the paper; it can serve as private FED currency or it can serve as public lawful money. The one holding and using it has the power to decide which role and character it will play.

              There must be a choice, and a remedy available, when such a system is as imposing and all-encompassing as the Federal Reserve is.

              Comment

              • RThomas
                Member
                • Mar 2011
                • 52

                #82
                Originally posted by Anthony Joseph View Post
                Lawful money, as I understand it, is non-self-bonding currency. The line, in my opinion, is the required remedy from the entire FED Act, and subsequent code, written in as the culpability dodge from enslaving a population via debt; those who facilitate the system can always point to the remedy if ever any charges of crimes are brought against them.




                The line cannot be "irrelevant" or "nothing", as you put it, or why put it in at all? The "and for no other purpose" line is accurate when one signature bonds one's self to the credit or currency; essentially anyone who signature endorses is a FED Bank and subject to all the rules and regulations thereof.



                Section 16 of the 1913 FED Act explains that one has the right of choice to NOT be a FED Bank and to NOT bond one's self as chattel behind the priavte credit of the FED by demanding lawful money instead. The demand, when properly formed on and for the record, is all that is required by law to avoid the obligations and liabilities of the private credit and currency of the Federal Reserve.



                The section does not apply to you, or an average Joe Sixpack, unless the privilege of using private credit is initiated. Signature endorsment (self-bonding) is the act that initiates. If one handles and uses FRN paper without such self-bonding endorsment, then the only line that applies is the written-in remedy FROM THE ACT:

                "They shall be redeemed in lawful money on demand..."

                The rest does not apply at all.



                The paper one holds then IS lawful money which is PUBLIC money and not subject to the PRIVATE law of the Federal Reserve system. There are two distinct seals and two signatures on every FRN which denotes the dual nature of the paper; it can serve as private FED currency or it can serve as public lawful money. The one holding and using it has the power to decide which role and character it will play.



                There must be a choice, and a remedy available, when such a system is as imposing and all-encompassing as the Federal Reserve is.

                RThomas ****

                Comment

                • RThomas
                  Member
                  • Mar 2011
                  • 52

                  #83
                  Here is more that this one sees:

                  TITLE 12--BANKS AND BANKING

                  CHAPTER 1--THE COMPTROLLER OF THE CURRENCY


                  Sec. 1. Office of Comptroller of the Currency

                  There shall be in the Department of the Treasury a bureau charged
                  with the execution of all laws passed by Congress relating to the issue

                  [[Page 2]]

                  and regulation of a national currency secured by United States bonds
                  and, under the general supervision of the Board of Governors of the
                  Federal Reserve System, of all Federal Reserve notes
                  , except for the
                  cancellation and destruction, and accounting with respect to such
                  cancellation and destruction, of Federal Reserve notes unfit for
                  circulation, the chief officer of which bureau shall be called the
                  Comptroller of the Currency, and shall perform his duties under the
                  general directions of the Secretary of the Treasury. The Comptroller of
                  the Currency shall have the same authority over matters within the
                  jurisdiction of the Comptroller as the Director of the Office of Thrift
                  Supervision has over matters within the Director's jurisdiction under
                  section 1462a(b)(3) of this title. The Secretary of the Treasury may not
                  delay or prevent the issuance of any rule or the promulgation of any
                  regulation by the Comptroller of the Currency.

                  This one sees the above as stating that ‘their’ national currency is under the direct enforcement of regulations by a bureau of ‘their’ ‘Department of the Treasury.’

                  This one sees the above as stating that ‘their’ federal reserve notes are under the same such bureau but, also under the ‘general’ supervision of ‘their’ Federal reserve system’s ‘Board of Governors.’

                  Thus, ‘their’ national currency and ‘their’ federal reserve notes are not deemed by ‘them’ to be the same. The enforcement for each falls under different supervision. The only logical conclusion this one can see is that Federal reserve notes are not considered by ‘them’ to be a national currency.

                  RThomas
                  Last edited by RThomas; 09-09-11, 05:34 AM.

                  Comment

                  • RThomas
                    Member
                    • Mar 2011
                    • 52

                    #84
                    This one is curious as to the lack of continued participation in the subject matter of this thread, as it has progressed, by David Merrill. This one knows that he has no obligation, but this thread has progressed as to directly contradict to his theory of 'redemption.' If those that are practicing his projected method of 'redemption' cannot respond to simple questions than one would think the professor of them would step in to assist and continue his teachings. This one is merely seeking to see the basis for claims that a demand for lawful money can be sustained 'after the fact' (ex post facto) of acceptance of 'other' 'money.'

                    RThomas
                    Last edited by RThomas; 09-09-11, 05:15 AM.

                    Comment

                    • Anthony Joseph

                      #85
                      The fact the you see lawful money a certain way does not mean that is how the law or others see it. Something that has value can be defined in any number of ways; if I can exchange a redeemed FRN for eggs or milk then it has value as a form of money which can be exhanged for goods and services. Same as a box of rocks, if someone accepts it as having value, then it does.

                      I do not think you are reading my posts with complete comprehension since you continue to infer that I suggest the ACT applies to your fictional "Joe Sixpack". It does not. What I say is that the paper issued by the Federal Reserve is redeemable in lawful money if the demand is made. The demand of lawful money exempts "Joe Sixpack" and anyone else form the entire ACT and the obligations therein.

                      You do not offer an explanation of your view about the line "They shall be redeemed..." other than to say it is "irrelevant" or "nothing". You question the validity of remedy as explained and practiced by some and yet you cannot offer an explanation as to your view of what the line means. You suggest that the remedy offered here is not valid since your view of lawful money differs from what is promoted here on redeeming lawful money as per 12USC411. By that same logic, your view that it is NOT remedy is invalid since you do not explain the meaning of the line in question (They shall be redeemed...) which you say proves your point.

                      Offer to us a different coherent meaning to that line in 12USC411 and perhaps we can discuss your view further. Without that, you are just questioning a form of remedy without any basis or explanation of your own regarding the specific line of the ACT that some view as the written in and required remedy from it.

                      Other than that, we can agree to disagree.

                      Comment

                      • David Merrill
                        Administrator
                        • Mar 2011
                        • 5962

                        #86
                        Originally posted by RThomas View Post
                        This one is curious as to the lack of continued participation in the subject matter of this thread, as it has progressed, by David Merrill. This one knows that he has no obligation, but this thread has progressed as to directly contradict to his theory of 'redemption.' If those that are practicing his projected method of 'redemption' cannot respond to simple questions than one would think the professor of them would step in to assist and continue his teachings. This one is merely seeking to see the basis for claims that a demand for lawful money can be sustained 'after the fact' (ex post facto) of acceptance of 'other' 'money.'

                        RThomas
                        I scan and gist. So I caught my name and read a little. But I have been busy with redeeming the world - in one fell swoop!

                        I mentioned that to the cashier at the small organic foods store. She glazed over for about two seconds and then started describing this morning's meditation session in great detail. She felt physically fulfilled but was not satisfied with that - it tasted bland. She desires the spice of daily discovery and growth. Then she asked me to describe what I meant by redeeming the world. And I will explain it to you once the record is set up a little better; I don't want Internet chatter to affect the record if you know what I mean.

                        At a glance though I do not get your point - that the discussion about redeeming lawful money has taken on an opposite posture or description. But if it does, I am of a rather serene mood and hope I learn something. - Like seeing Kwai Chang KANE imbibing in alcohol in the final scene of the Kung Fu series...
                        www.lawfulmoneytrust.com
                        www.bishopcastle.us
                        www.bishopcastle.mobi

                        Comment

                        • RThomas
                          Member
                          • Mar 2011
                          • 52

                          #87
                          Originally posted by Anthony Joseph View Post
                          The fact the you see lawful money a certain way does not mean that is how the law or others see it. Something that has value can be defined in any number of ways; if I can exchange a redeemed FRN for eggs or milk then it has value as a form of money which can be exhanged for goods and services. Same as a box of rocks, if someone accepts it as having value, then it does.



                          I do not think you are reading my posts with complete comprehension since you continue to infer that I suggest the ACT applies to your fictional "Joe Sixpack". It does not. What I say is that the paper issued by the Federal Reserve is redeemable in lawful money if the demand is made. The demand of lawful money exempts "Joe Sixpack" and anyone else form the entire ACT and the obligations therein.



                          You do not offer an explanation of your view about the line "They shall be redeemed..." other than to say it is "irrelevant" or "nothing". You question the validity of remedy as explained and practiced by some and yet you cannot offer an explanation as to your view of what the line means.



                          You suggest that the remedy offered here is not valid since your view of lawful money differs from what is promoted here on redeeming lawful money as per 12USC411. By that same logic, your view that it is NOT remedy is invalid since you do not explain the meaning of the line in question (They shall be redeemed...) which you say proves your point.

                          this thread has progressed as to directly contradict to his theory This one is merely seeking to see the basis



                          Offer to us a different coherent meaning to that line in 12USC411 and perhaps we can discuss your view further. Without that, you are just questioning a form of remedy without any basis or explanation of your own regarding the specific line of the ACT that some view as the written in and required remedy from it.

                          This one has not disputed the plain meaning of the line you refer to. This one does not see that line of that section of code applies to anyone but the mentioned banks. This one has read that line in context with the section as a whole. It would be more fruitful to this one if you show where your vision is derived from. This one only sees you as appearing to project empty claims from your imagination and asking this one to believe. Can you show the basis for your claims and correct how you appear to this one if what this one sees is not true.


                          Other than that, we can agree to disagree.

                          You only answered one question and we agreed. I have responded directly to all that you have brought forward. Are you willing to do the same?

                          RThomas
                          ****

                          Comment

                          • RThomas
                            Member
                            • Mar 2011
                            • 52

                            #88
                            Originally posted by David Merrill View Post
                            I scan and gist. So I caught my name and read a little. But I have been busy with redeeming the world - in one fell swoop!

                            I mentioned that to the cashier at the small organic foods store. She glazed over for about two seconds and then started describing this morning's meditation session in great detail. She felt physically fulfilled but was not satisfied with that - it tasted bland. She desires the spice of daily discovery and growth. Then she asked me to describe what I meant by redeeming the world. And I will explain it to you once the record is set up a little better; I don't want Internet chatter to affect the record if you know what I mean.

                            At a glance though I do not get your point - that the discussion about redeeming lawful money has taken on an opposite posture or description. But if it does, I am of a rather serene mood and hope I learn something. - Like seeing Kwai Chang KANE imbibing in alcohol in the final scene of the Kung Fu series...
                            Thank you for sharing your thoughts. This one does not see the 'cryptic' thoughts you intend to convey. This one sees the truth as being able to stand in the the light.This one gave considerable thought to your words. This one does not see 'that the discussion concerning redeeming lawful money has taken on an opposite posture or description.' This one has provided what this one sees and has only sought clarification of what you see and what others ‘redeeming lawful money’ claim to see. Without providing clarification (clearing the clouds in one’s mind as to such claims) this one can only see a belief being projected, and this one is not a believer.

                            RThomas
                            Last edited by RThomas; 09-10-11, 04:54 AM.

                            Comment

                            • David Merrill
                              Administrator
                              • Mar 2011
                              • 5962

                              #89
                              Maybe this will help:





                              The post was to tell everybody that this one is staying pretty busy these days and am allowing the thread to develop without me. Your first-person post is however tempting...


                              Sadly when it is made all complicated then things get frustrating.



                              P.S. After a quick review I am chalking it up to the Thread Topic. By the nature of the distinction drawn between regular and special we start making decisions on the far side of the teller window. I imagine that is why I have just been doing other things.
                              Last edited by David Merrill; 09-10-11, 01:59 PM.
                              www.lawfulmoneytrust.com
                              www.bishopcastle.us
                              www.bishopcastle.mobi

                              Comment

                              • Anthony Joseph

                                #90
                                Originally posted by RThomas View Post
                                Originally Posted by Anthony Joseph

                                This one sees that lawful money must come with free and clear title. This one sees that lawful money will retain intrinsic value in spite of any bank collapses, Government collapses, inflationary effects of other ‘forms’ of money, or any other monetary system collapse. Can you show that your ‘redeemed’ FRNs, in whatever form imagined, in any of the aforementioned situations would still have purchasing power for goods and services? Can you show that the value of your ‘redeemed’ lawful money is not still subject to the acts of others?






                                Asked and answered. From post #82

                                “It is in there as remedy for the ‘member’ ‘banks’ who ‘shall receive’ FRNs.”

                                And here from post #80:



                                Would you agree that in reading any sentence in a section of code that one must look at the context of the whole section to ascertain the intended meaning of any single sentence?


                                Please show where this one’s words are as you claim them to be.

                                This is all this one has said in relation to David’s ‘remedy:’

                                “but this thread has progressed as to directly contradict to his theory of 'redemption.'”

                                This one’s meaning is that this one’s findings within ‘their’ words do not show support for his ‘remedy.’

                                This one then followed with this:

                                This one is merely seeking to see the basis for claims that a demand for lawful money can be sustained 'after the fact' (ex post facto) of acceptance of 'other' 'money.'”



                                This one has not disputed the plain meaning of the line you refer to. This one does not see that line of that section of code applies to anyone but the mentioned banks. This one has read that line in context with the section as a whole. It would be more fruitful to this one if you show where your vision is derived from. This one only sees you as appearing to project empty claims from your imagination and asking this one to believe. Can you show the basis for your claims and correct how you appear to this one if what this one sees is not true.


                                You only answered one question and we agreed. I have responded directly to all that you have brought forward. Are you willing to do the same?

                                RThomas****
                                Well, I think we can agree on another point: I have no faith in the actual paper or it's sustaining value over time. That would be misguided trust in a man made system when that system's currency was created to lose value over time (fractional reserve lending - improper and false balances).

                                US Notes are lawful money and also fiat. So your definition of what lawful money is does not coincide with the law regarding these notes. US Notes are NOT issued by the Federal Reserve and therefore NOT subject to any of the rules, regulations, obligations or liabilities including the RETURN OF INCOME REQUIREMENT associated with the endorsed use of the FED's private credit and currency. If "They shall redeemed in lawful money..." means any lawful money than US Notes fit that "bill" (pun).

                                Your point that only a "Federal Reserve Bank" is able to use FRNs and are therefore be subject to the code and ACT thereof, is true. However, you do not see the subtlety and obfuscation of the system that treats ANYONE who signature endorses the FED's private credit on the back of their paychecks as a Federal Reserve Bank. How else could they incur the tax liability associated with the Federal Reserve's "money system"? Unfortunately for most, the privilege of use of private credit results in one being treated as a "FED BANK" by being subject to RETURN OF INCOME liability as opposed to other sanctioned "FED BANKS" (any bank that has an account with the FED) who gain the most profit from that use by lending upon usury and fractional reserve banking. The FED doesn't care about Joe Sixpack's incompetence or complacency in that regard; if you don't profit as much as others... tough PAY ME MY TAX!

                                Techincally, if one forms and keeps the full and accurate record of one's demand for lawful money, the notes they hold should hold their value in the sense that they should be treated as US Notes being on par with the $42.22/oz gold being earmarked by the Treasury at that value on the WORLD BANK/IMF's international market. Do I have faith in that recognition by those who are bound by law to recognize that? NO. I have no faith in any paper as having or sustaining value over time. My only faith is in the Ever-living Creator above who is in total control and provides the ability to be redeemed to anyone who truly desires it. It matters not what the situation or circumstances are created by men; His sons and daughters have redemption waiting and available when they choose to accept that gift. Redemption translates in many ways, in my view, according to the times one lives in.

                                In this case, The FED ACT of 1913 codified at 12USC411 provides remedy from the tax liability associated with the endorsed use of FED's private credit. That is all. In 1933 the contract with the FED was opened to all citizens who were persuaded to change the way they deposited their salary checks...

                                Franklin D. Roosevelt after the Banker’s Holiday in 1933 on March 6th during the address at the White House Governors’ Conference.

                                “Recognized Government bonds are as safe as Government currency. They have the same credit back of them. And, therefore, if we can persuade people all through the country, when their salary checks come in, to deposit them in new accounts, which will be held in trust and kept in one of the new forms I have mentioned, we shall have made progress.”

                                Quoting from the Congressional Record of 1933;

                                “…The money will be worth 100 cents on the dollar, because it is backed by the credit of the Nation. It will represent a mortgage on all the homes and other property of all the people in the Nation.”

                                Those who identify themselves with the full or legal name are the "FED BANKS" who choose to redeem in lawful money. Those who do not identify themselves with the full or legal name either direct the trust to redeem lawful money or they only accept cash which is redeemed lawful money since the holder never bonded him/herself behind the potential elastic increase of the currency. That paper, then, is essentially an IOU slip from the United States of America which people may, or may not, place value in. Currently most people do and one can exchange that paper for good and services.
                                Last edited by Guest; 09-10-11, 03:09 PM.

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