Quite simply put, Pete signed endorsement of private credit from the Fed. He therefore owes a Return of that Income.

When it was put to me by the suitor who had Pete over, he was realizing it as he spoke and I am sure spoke to Pete about it too. But too late; Pete is committed to making a book work even though it is not a good method nor does it contain any remedy that can be recognized in tax court.

Pete gave his word by signature bond.

That Pete would banish people who wanted to report the trouble he had caused them with his CtC book tells quite a bit about him. And that people cannot get on the Website at all (newly discovered to me) explains a whole bunch more.


What I am talking about is that people may be able to recover from that misdirection with a Fraud by Omission countercharge based in the remedy found in full force and effect. That could get a whole bunch of people out of Pete's huge mess.



Regards,

David Merrill.