[Jerseee]

Brent,


You are not way off track but, a little derailed.


First off, FRN's are backed by the faith of the people.& As soon as you lose faith in the ability of the dollar it is worthless.& CPNs, BoEs and such things are backed by public policy.& The use of these instruments are used to convey that policy when the policy is stated in the note.


YOu as a human being have unlimited credit.& This makes you the true creditor since you create the energy needed in the first place.& If you did not exist--then they could not harrass and swindle you out of your wealth.


Now, you need to study a little more to grasp the full power that you have as a creditor.& It is fiscally irresponsible to continually send a CPN to a creditor.& If you know they can convert it--then why would you allow them to enrich themselves and then tell you that that particular form a payment is not accepted?& If this is the case then they should send it back.


And the reason you want to do the VOD is self explanitory.& "Validation of Debts (VoD)"& A debt must have certified verification before they start talking about monthly payments.& The reason the CPN goes with it is two fold:


1. It keeps you in honor (most important)


2. If they can verify the debt--they have payment in full.& If they can't verify the debt--then they should return the CPN and VOD with a statement as to why it is unacceptable.&


i hope this clears things up for you.& But diligent study is needed before passing any test.& Now unless you plan to fail, then you are on the right track.&


Have fun Brent :-)