Promissory Notes - An Idea

Originally Posted by Shoonra

Leroy Schweitzer was churning out funny money with the same sort of "conditional tender". It was worthless. This is worthless. It won't be accepted for a bailbond. If it slips past the court clerk there may yet be repercussions for submitting a "fictitious bond".

I am not sure if bail is even available for someone facing a return to prison for violating parole, but this positively won't be accepted as security for bail.

I gave my best advice already. You are wasting time conjuring an idea which cannot have any but bad consequences.

Shoonra... we done been through this once before.. the BOE is legal tender and you simply need to readjust your thinking process and accept the fact that they are good. The law says they are good.

Jerry.

[Shoonra]

A Bill of Exchange is, or may be, a negotiable instrument but is not legal tender. Congress defines legal tender; FRNs are legal tender, BOEs are not.

A promissory note requires something more: an UNCONDITIONAL promise to pay, and a specified or at least readily discernible date for payment. This has neither and, moreover, runs counter to the terms of the UCC, which has its own definition for "money" that would include FRNs.

[Ry123]

So an UNCONDITIONAL promise to pay is like a FRN that has no conditions of paying in gold. That's what
NarrowPathPilgrim wrote no?

Originally Posted by Shoonra

A Bill of Exchange is, or may be, a negotiable instrument but is not legal tender. Congress defines legal tender; FRNs are legal tender, BOEs are not.

A promissory note requires something more: an UNCONDITIONAL promise to pay, and a specified or at least readily discernible date for payment. This has neither and, moreover, runs counter to the terms of the UCC, which has its own definition for "money" that would include FRNs.

[Ry123]

Does one have to put on a promissory note that it meets all of the qualifications of a worthless security under 26 I.R.C. 165 (g) as well?

http://72.14.203.104/search?q=cache:...&cd=4&ie=UTF-8

Ryan

[moorishexecutive]

Originally Posted by NarrowPathPilgrim

A friend of mine was incarcerated a few days ago for some trouble with his probation schedule. I’m quite sure I could have gotten him out of all that, had he contacted me for advice. But unfortunately he went ahead and signed their papers, pleading guilty.
Anyhow, I’m not sure if I can help him get out of serving some jail time (Well, I still got a few tricks up my sleeve); but I was thinking that I might still be able to get rid of his fine, using a simple promissory note like this:

Payer (His name)
Payable to ______________
For the amount of $____
Payable upon the reinstatement of a lawful currency (i.e., true money, Gold and Silver).

What do you think?

The repondents here have given some good information and here's mine. The Friend of the Court, here in the State of Michigan, in the county of Washtenaw, presented me whith a "Show Cause Hearing" 3 years ago to the date. (This is ironic) I filed an Complaint and Affidavit of Truth with the courts stating the facts of a "Domestic Mixed War", "Treason", "Slavery", etc. specifically pointing out the hidden crimes being forced upon the people of the Michigan Republic. I pointed out the United States bankruptcy as being a direct results of the Federal Reserve act of December 23, 1913, in which the delegated authority of Congress to be responsible for the nation's currency was illicitly, unconstitutionally, and treasonously surrendered to the privately owned Federal Reserve Corporation (a foreign agent), whose class A stockholders are various international banks. In place of real money as legal tender (gold and silver coin U.S. Constitution Article I sec. 10, Coinage Act April 2, 1792), the Federal Reserve issued private commercial paper, drawn on the credit of the United States, consisting of only bookkeeping entries of no sobstance or reality, on which a real compound interest was charged. The U.S. Treasury paid the ever increasing interest in gold and was eventually depleted, with a higher debt than ever. The planned inevitability occurred: BANKRUPTCY. I also stated and quoted James Traficant, Jr. (Ohio, House of Representatives) addressing the house on March 17, 1993, on the floor of the House of Representatives adressing the house. This is recorded in the United States Congressional Record, Wednesday, march 17, 1993, volume #33, page H1303, should anyone doubt the claim......."Mr Speaker. We are here now in Chapter. Members of Congress are official trustees presiding over the greatest reorganization of any bankruptcy entity in world history, the U.S. Government."

There are other things you could use, as mentioned by some of the respondents, such as the HJR act of 1933 which outlawed the lawful currency of this country. I use this information when dealing with the courts whenever they asked of me to provide them with $$$$$. My reponse to them is that there is no $$$$$ in circulation in the U.S. They asked for money, there is no money. Now if they asked for promissory notes, those I can provide, but $$$$$ I cannot because you have made it unlawful to possess. But anyway, my Affidavit was never rebutted by the courts and an unrebutted affidavit stands as truth in all courts of the U.S., be it district, circuit or federal. Because they never rebutted, all ARREAGES of 20,947 FRN's and .04 cents has been discharged. Your friend has some studying to do. One must do this for oneself and must stick to the fight even under the duress of those whom oppress our freedom.

[Ry123]

That's great moorishexecutive, but that US CODE, is that an all inclusive code?, meaning to everyone that writes a promissory note.

Originally Posted by moorishexecutive

The repondents here have given some good information and here's mine. The Friend of the Court, here in the State of Michigan, in the county of Washtenaw, presented me whith a "Show Cause Hearing" 3 years ago to the date. (This is ironic) I filed an Complaint and Affidavit of Truth with the courts stating the facts of a "Domestic Mixed War", "Treason", "Slavery", etc. specifically pointing out the hidden crimes being forced upon the people of the Michigan Republic. I pointed out the United States bankruptcy as being a direct results of the Federal Reserve act of December 23, 1913, in which the delegated authority of Congress to be responsible for the nation's currency was illicitly, unconstitutionally, and treasonously surrendered to the privately owned Federal Reserve Corporation (a foreign agent), whose class A stockholders are various international banks. In place of real money as legal tender (gold and silver coin U.S. Constitution Article I sec. 10, Coinage Act April 2, 1792), the Federal Reserve issued private commercial paper, drawn on the credit of the United States, consisting of only bookkeeping entries of no sobstance or reality, on which a real compound interest was charged. The U.S. Treasury paid the ever increasing interest in gold and was eventually depleted, with a higher debt than ever. The planned inevitability occurred: BANKRUPTCY. I also stated and quoted James Traficant, Jr. (Ohio, House of Representatives) addressing the house on March 17, 1993, on the floor of the House of Representatives adressing the house. This is recorded in the United States Congressional Record, Wednesday, march 17, 1993, volume #33, page H1303, should anyone doubt the claim......."Mr Speaker. We are here now in Chapter. Members of Congress are official trustees presiding over the greatest reorganization of any bankruptcy entity in world history, the U.S. Government."

There are other things you could use, as mentioned by some of the respondents, such as the HJR act of 1933 which outlawed the lawful currency of this country. I use this information when dealing with the courts whenever they asked of me to provide them with $$$$$. My reponse to them is that there is no $$$$$ in circulation in the U.S. They asked for money, there is no money. Now if they asked for promissory notes, those I can provide, but $$$$$ I cannot because you have made it unlawful to possess. But anyway, my Affidavit was never rebutted by the courts and an unrebutted affidavit stands as truth in all courts of the U.S., be it district, circuit or federal. Because they never rebutted, all ARREAGES of 20,947 FRN's and .04 cents has been discharged. Your friend has some studying to do. One must do this for oneself and must stick to the fight even under the duress of those whom oppress our freedom.

[Shoonra]

The proposal under discussion was getting someone out of jail by foisting this fake promissory note on the court as a money for bail.

I believe that every state either has a law criminalizing the submission of false bail, or else prosecuting the same behavior under another named offense. For example, posting a worthless bond to get released on bail was prosecuted (and convicted) as forgery and as escape from jail - with a sentence totaling 15 years of prison, in State v. Skaggs (Mo.App. 2002) 74 S.W.3d 282.

[Satori]

Originally Posted by Shoonra

The proposal under discussion was getting someone out of jail by foisting this fake promissory note on the court as a money for bail.

What differentiates a fake promisory note from a real promisory note, Shoonra? Neither can pay a debt, only discharge it.


- Satori

In other words … how is it possible to counterfeit that which is already counterfeit?

[Ry123]

That's what I'm getting at Shoonra, what do you put on your promissory note to make it real. Besides your signature.

Originally Posted by Shoonra

The proposal under discussion was getting someone out of jail by foisting this fake promissory note on the court as a money for bail.

I believe that every state either has a law criminalizing the submission of false bail, or else prosecuting the same behavior under another named offense. For example, posting a worthless bond to get released on bail was prosecuted (and convicted) as forgery and as escape from jail - with a sentence totaling 15 years of prison, in State v. Skaggs (Mo.App. 2002) 74 S.W.3d 282.