W-4 form and the intent for Lawful Money, first step to getting a mistake corrected.

[motla68]

This woman is a newbie to our local study group but very brilliant, has not been with us a month yet and already doing well making some bold moves. This normally takes about 30 days to get processed for withholding to be changed, but somehow they did it her next paycheck.
Next we will work on state withholding and then see what we can do about the Fica and Medicare.
First image is how she learned how to do the W-4, second image may be a little blurry but if you look in the first line of withholding you will see there is no major federal withholding taken out any more and she just gave herself a raise, was so excited she even had thoughts of early retirement. would that be great or what?


You put nothing in the credit and deductions area, suggest just to X that out.

[motla68]

Is everyone with me on on this? If measures are taken not to have withholding at all then there is no reason for suitors to go file a return at the end of the year to get back the lawful money that is needed.

It does not seem it is most suitors interest the way we understand it otherwise in our study group locally the context of keeping it all in treasury to redeem coupons and eventually not even have to do do that to get utilities started in the home an such, that way eventually no money should be needed as stated in various documents.
[ See Page 2]

https://docs.google.com/viewer?a=v&pid=explorer&chrome=true&srcid=0BxLUZd1PWAf2MGMwMzljOTQtZGZiZC00MGVkLWFiYmEtZTAyZDVkYWU3NzYw&hl=en&authkey=CMfv6uQO

[David Merrill]

Redeemed Lawful Money Signature Card anyway it all comes back. Now it would be good to have your cash flow on time so in my video I suggest after you get a full refund, then you might approach your employer about the Withholdings.

Thank you for showing us how that could be done without much risk of losing one's job.



Regards,

David Merrill.

[earthshake]

Redeemed Lawful Money Signature Card anyway it all comes back. Now it would be good to have your cash flow on time so in my video I suggest after you get a full refund, then you might approach your employer about the Withholdings.

Thank you for showing us how that could be done without much risk of losing one's job.



Regards,

David Merrill.

Hi David,

I am looking for the starting point for this idea. I realize it may not be so cut and dried, but where should I go to begin to understand this process? Having a link or two in this thread would be a great help.

Thank you,
earthshake

[David Merrill]

Hi David,

I am looking for the starting point for this idea. I realize it may not be so cut and dried, but where should I go to begin to understand this process? Having a link or two in this thread would be a great help.

Thank you,
earthshake

I produced two videos. The first one has a great article in it but I applied a computer voice read-along that I often regret.

http://os.cloudme.com/v1/documents/281483576759658/4349506189/1/Public%20Money%20v%20Private%20Credit.wmv

http://os.cloudme.com/v1/documents/281483576759658/4349506393/1/Federal%20Reserve%20Act%20-%20Remedy.wmv

Let me know if you can get these off the Cloud please?

[Rock Anthony]

I produced two videos. The first one has a great article in it but I applied a computer voice read-along that I often regret.

http://os.cloudme.com/v1/documents/281483576759658/4349506189/1/Public%20Money%20v%20Private%20Credit.wmv

http://os.cloudme.com/v1/documents/281483576759658/4349506393/1/Federal%20Reserve%20Act%20-%20Remedy.wmv

Let me know if you can get these off the Cloud please?

I'm prompted to enter a username and password whenever I follow the links you provided.

Perhaps you can upload those videos to the Downloads section of this site.

[David Merrill]

Yes, I will give that a try. Here they are on Google Docs:

https://docs.google.com/leaf?id=0B1EaV_bU7VImYmZlMTU5ZGQtYTIyZi00NjZjLWIyMzctOWFkZjhhZDM1MGEy&hl=en_US

https://docs.google.com/leaf?id=0B1EaV_bU7VImNjA0NTQ5MTItNTg2Mi00N2QyLWE5Y2UtMDMzNGU0YWE3NWE5&hl=en_US

[earthshake]

Hi David,
I have watched both videos. Here's what I understand up to this point, and please correct me if I am wrong. Setting aside the whys and wherefores for now:

We essentially have 2 forms of government: The US Government and the Federal Government.

Federal Reserve Notes (FRN's) are lawful elastic money, aka called private credit because the Federal Reserve Banks is privately owned.

U.S. Notes (now called U.S. Currency Notes) are lawful in-elastic money - aka public money because they are issued by the U.S. Government.

Fractional reserve banking practices can be applied to elastic money but not to in-elastic money.

When I endorse a check with just my signature, that creates a presumption by the Fed/IRS that I understand I am agreeing to use their private credit, and am therefore required to pay income tax on those funds, over and above $1000 per year.

So instead of agreeing further, I may endorse checks: "Redeemed in Lawful Money Pursuant to Title 12 U.S.C. Sec. 411, My Name, My Legal Name on Paycheck". This process eliminates income tax liability (but save copies of checks to prove it to the irs at the end of the year) and reduces the national debt.

Is that the gist of this?

If so, these questions arise:

What is done to refuse private credit if one receives electronic deposits from companies that are not local to them, or receives a check in the mail and cannot go to the bank upon which it is drawn?

Will the bank only give me cash, or does the money in my account now represent in-elastic money by some accounting process?

Thank you,
earthshake

[David Merrill]

Hi David,
I have watched both videos. Here's what I understand up to this point, and please correct me if I am wrong. Setting aside the whys and wherefores for now:

We essentially have 2 forms of government: The US Government and the Federal Government.

More like two forms of currency in circulation - US notes (US currency notes) are in limited circulation between the 12 Fed Banks only so that they do not wear out by handling. They are not to be used for a reserve currency so they are inelastic.

Federal Reserve Notes (FRN's) are lawful elastic money, aka called private credit because the Federal Reserve Banks is privately owned.

It is being elastic that prevents FRN's from being fully lawful money and the law stipulates they may be redeemed in lawful money - US notes.

U.S. Notes (now called U.S. Currency Notes) are lawful in-elastic money - aka public money because they are issued by the U.S. Government.

In the exercise of that power Congress has declared that Federal Reserve Notes are legal tender and are redeemable in lawful money.

and

United States notes shall be lawful money, and a legal tender in payment of all debts, public and private, within the United States, except for duties on imports and interest on the public debt.

Congress has the authority to define money - the courts describe money accurately. However the January 1, 2011 Memorandum to IRS agents mis-applies Rickman so citing this with your Return is no longer wise - as it may not be brought to the attention of an IRS attorney these days.

Fractional reserve banking practices can be applied to elastic money but not to in-elastic money.

Yes. For a better explanation Click Here.

When I endorse a check with just my signature, that creates a presumption by the Fed/IRS that I understand I am agreeing to use their private credit, and am therefore required to pay income tax on those funds, over and above $1000 per year.



So instead of agreeing further, I may endorse checks: "Redeemed in Lawful Money Pursuant to Title 12 U.S.C. Sec. 411, My Name, My Legal Name on Paycheck". This process eliminates income tax liability (but save copies of checks to prove it to the irs at the end of the year) and reduces the national debt.

Is that the gist of this?

Yes. Thank you for sharing first impressions. It helps teach me what people glean from the videos.


Thank you,
earthshake

If so, these questions arise:

What is done to refuse private credit if one receives electronic deposits from companies that are not local to them, or receives a check in the mail and cannot go to the bank upon which it is drawn?

This may be done on the Signature Card or through Payroll where you work. Just go correct your Authorizing Signature to make Demand for Lawful Money on all transactions. Be aware though, you have to be confident and polite - not demanding with your employer. Don't get yourself fired because you are obstinant.

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

Any way you can get your demand on the record will suffice. So let's say Payroll tells you that you cannot change or specially sign your Signature Card for Direct Deposit. Ask for paychecks? If they do not want to do that, request that they make note that you requested it? Any way to make the record show your intent - after that you are redeeming lawful money.



Will the bank only give me cash, or does the money in my account now represent in-elastic money by some accounting process?


This is only when you are getting cash in hand.

Ever notice how Office Max or PetSmart will have you sign for cash? They want you to endorse that it is private credit. I enjoy messing with them about it. Used to anyway. Now I just sign, Lawful Money and move on.

[Trust Guy]

Correct . The amount is currently $6,000 according to I.R.S. Publication 3453 (11-1999) . I have used this little info a lot over the years . The trap comes in the withholding racket .This Publication has not been updated apparently for a long time . I look for an update most every year , just to be sure .

Copy on line : Thank You for Not Filing

[earthshake]

If so, these questions arise:

What is done to refuse private credit if one receives electronic deposits from companies that are not local to them, or receives a check in the mail and cannot go to the bank upon which it is drawn?

This may be done on the Signature Card or through Payroll where you work. Just go correct your Authorizing Signature to make Demand for Lawful Money on all transactions. Be aware though, you have to be confident and polite - not demanding with your employer. Don't get yourself fired because you are obstinant.

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

Any way you can get your demand on the record will suffice. So let's say Payroll tells you that you cannot change or specially sign your Signature Card for Direct Deposit. Ask for paychecks? If they do not want to do that, request that they make note that you requested it? Any way to make the record show your intent - after that you are redeeming lawful money.



Will the bank only give me cash, or does the money in my account now represent in-elastic money by some accounting process?


This is only when you are getting cash in hand.

Ever notice how Office Max or PetSmart will have you sign for cash? They want you to endorse that it is private credit. I enjoy messing with them about it. Used to anyway. Now I just sign, Lawful Money and move on.

Hi David, Thanks for your reply. I am not sure what you are referring to when you wrote "This is only when you are getting cash in hand"?

I work from home and receive payments through Clickbank, PayPal and a couple other sources. So I am still not clear if the money is private money when they pay me, or does it become private money when I spend it? This isn't clear to me because if I am getting a check on a local bank, it is when I endorse it - so it is in a sort of limbo (for a few minutes, lol!) from the time of receipt to the time of cashing/depositing. Is that correct?

Around here, if I get cash back at a store, I don't have to sign for it. I was thinking that once it is in a bank account, it is private money. In video one, in the article it says it would be "advantageous" to use cash and postal money orders. Oh, that is another question I have about paying a mortgage. Would paying the monthly payments with a postal money order be paying it with public money, therefore actually buying it instead of discharging the debt with private money?

Thanks,
es

[David Merrill]

Whenever somebody is handing you cash, postage stamps or money orders - lawful money of the US - and they want you to sign for it, assume they are asking you for endorsement of private credit. Sign your demand for lawful money rather than an endorsement.

[earthshake]

Just some things I noticed...I am looking at the "Deposit Ticket" for the bank we use, a local cooperative. There is a line that says "SIGN HERE IF CASH RECEIVED FROM DEPOSIT". I small print it says "BE SURE EACH ITEM IS PROPERLY ENDORSED."

Please remind what the "demand for lawful money" wording is again?

Before now I always wondered why I had to endorse MY OWN checks when I want to cash one, too. So, it appears to me, and correct me if I am wrong, I could go to our bank and write a check for the balance in our checking account, sign with the "Redeemed In Lawful Money Pursuant to" statement, and receive same back. The same way a paycheck can be redeemed for lawful money.

Question on the name. Is "my name" the name I go by, and my dba name is my full name? Or is it the exact name that the check is made out to?

Thank you!
ES

[David Merrill]

Just some things I noticed...I am looking at the "Deposit Ticket" for the bank we use, a local cooperative. There is a line that says "SIGN HERE IF CASH RECEIVED FROM DEPOSIT". I small print it says "BE SURE EACH ITEM IS PROPERLY ENDORSED."

Please remind what the "demand for lawful money" wording is again?

Before now I always wondered why I had to endorse MY OWN checks when I want to cash one, too. So, it appears to me, and correct me if I am wrong, I could go to our bank and write a check for the balance in our checking account, sign with the "Redeemed In Lawful Money Pursuant to" statement, and receive same back. The same way a paycheck can be redeemed for lawful money.

Question on the name. Is "my name" the name I go by, and my dba name is my full name? Or is it the exact name that the check is made out to?

Thank you!
ES

In my experience most of these questions will answer themselves. For example - withdraw your entire checking account in cash lawful money by demand and start using cash. Or buy a $500 debit card and do not provide any information. There are some snags to work through but I supplied a thread here. Memorize the number and utilize the security code instead of signing.

Or not. Just quit writing checks or when you do, write your demand for lawful money in the Memo field...

Or change the signature on the Authorized Signature Card to:



They will automatically change your account to interest free, since you are no longer supplying them with the benefit of fractional lending on your funds on deposit.

Always sign with your true name. If they do not like that then add dba Legal Name. If they do not like that then open a business account in your Legal Name because it is not yours; like JHD Roofing.

[babydady]

Can you point me in the right direction with regards to getting my IRS taxes refunded?
I had filed all of my paperwork to start the redemption process - UCC1 Etc ETc.
What are the next steps to LEARN how to get my taxes refunded for the last years that I had paid into them. Its over 100K in taxes that I had paid into their monopoly. I have HEARD and READ people using the 1099 OID process - not recommended.

Thank got for like minded people like you all in this message board.

Regards,

D