Redemption at BofA

[fishnet]

BofA Deposit Account Signature Card

Today I opened a BofA deposit account to have my payroll check direct deposited. My wife opened a separate deposit account as well. When it came time to sign the signature card my wife pulled out our lawful money stamp from her purse. I stamped my signature card then autographed the card. My wife stamped her signature card upside down. The clerk offered to re-print the signature card so she could re-stamp it correctly. Of course the clerk had no idea what the stamp was about. After we finished I asked for her to make copies of the signature cards for us. After she made the copies we noticed she carried them over to the bank manager. Soon the clerk returned, handed us our papers and politely asked what was the stamp about. She said her bank manager did not understand the purpose of the stamp either. My response was that it is for tax purposes.

[David Merrill]

I believe the Answer is more fundamental than that Question begs.

If you have ever watched Gary FIELDER's The Gig is Up then you might better understand how much money is being circulated electronically that never comes into actual creation. This is something I call electronic vaults. The first "banker" ever, who issued more script than he had vaulted value is still unjustified. The Fed Act might be considered an interlocutory appeal, meaning that endorsers post the bond that keeps that banker and every banker after him who has engaged in fractional lending from jail on a supersedeas bond.

They are all convicted by the facts; they just keep the sentencing from being executed by posting a bond during appeal.

[shikamaru]

Question:

Is lawful money reserve currency that banks use to underwrite their fractional reserve lending?

[David Merrill]

Thank you for registering. It is great that you have educated yourself about the right to redeem lawful money instead of endorsing private credit from the Fed before you began execution.

It is refreshing that you are confident enough to feel giggling inside rather than the traditional emotional suppression caused by thug-like behavior from allegedly civilized bank officers. Your post reflects a protectionism, not ignorance. Those officers knew you have this right yet they tried to stare you down with cold hatred. I consider these posts to be stepping stones toward a goal; intelligence reports. Your report tells me that the banking cartels of the world have suffered a major loss with your non-endorsement of private credit.

And at Bank of America at that!

[fishnet]