Thread: Banks v IRS????
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Old 05-17-2004, 11:34 PM
Randy
 
Posts: n/a
Banks v IRS????



Let's pit these devils against each other.


Banks keep saying they have our "money," that the "loan" us "money," and that we owe them our "money" to pay our "debts," right? That "our" "debts" are the result of them lending us "their" "money."


Well, that's NOT what the IRS says:

Internal Revenue Manual
9.7.2.8.1 (07-15-2002)
Property Subject to Administrative Forfeiture <FONT size=2>


Property may be forfeited administratively if it includes the following:
a. personal property that does not exceed $500,000 in (aggregate) value
b. monetary instruments within the meaning of 31 USC ยง5312(a)(3), regardless of their value (bank accounts are not "monetary instruments")

Now, hold that thought and let's run to 31 USC...<FONT size=2><FONT size=2>


Sec. 5312. - Definitions and application
(a)
In this subchapter -
<FONT size=2>(3) ''monetary instruments'' means -
</FONT><FONT size=2>(A) <U>United States coins and currency;</U> </FONT>


<FONT size=2>Now, slap me silly and call me Susan, but it they ain't holdin', and never "lent" me "United States coin and currency," just what the hell did go on?</FONT>


<FONT size=2>Clever rascals. They'll take our "bank accounts" while simultaneously NOT taking our "money."</FONT>


<FONT size=2>Can't wait to use THAT in my next letter to a "debt collector."</FONT>


<FONT size=2>Let THEM argue with the IRS for a change.</FONT>


<FONT size=2>Randy</FONT></FONT></FONT></FONT>
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