Who is Human Capital ?

[aksis]

weishaupt1776,

I like the look of the State National site.

It seems to still be under construction.

Do you have direct contact with the founding members of that site?

[David Merrill]

Originally Posted by aksis

David Merrill,

I was looking at the topic of the 'bankruptcy', and I was contemplating it from this prespective:

If the People gave all the gold to the US to prevent the bankruptcy, then is the US bankrupt, or just in debt to the People?

Something about the US being able to go into an unlimited debt to the People, and the People have an unlimited credit with the US comes to mind, and something about the difference of getting a loan and being extended credit also seems to come to mind (... where did I read/hear that?).

Then I started looking at the 14th amendment (keeping in mind this is binding on government), specificaly this part:

Section. 4. The validity of the public debt of the United States, authorized by law, including debts incurred for payment of pensions and bounties for services in suppressing insurrection or rebellion, shall not be questioned. But neither the United States nor any State shall assume or pay any debt or obligation incurred in aid of insurrection or rebellion against the United States, or any claim for the loss or emancipation of any slave; but all such debts, obligations and claims shall be held illegal and void.

I don't think it is the People that owe the debt, nay, I know its not, it is the U.S. et al. that is the debtor, and so it would be proper for people acting in the person of U.S. employee/person to say "We owe the debt.", but not proper for the People to say they do, they are the creditors to the debt, this position of creditor is an indefeasable right of any heir apparent (someone born on the part of earth called by the name of one of the 50 states).

I would have to say the U.S. isn't bankrupt, just unable to pay its debt, but the creditors arn't calling the Note due, yet... are they? They seem to be enjoying the bliss of ignorance!!! (did the sarchasm translate well at the end?)

In this light, would the People be considered 'international bankers' in relation to the US et al.?

ThomPaine, There is the reality of the legal fiction, and then there is simply reality.

When I get lost in the reality of the fiction, I seek refuge in reality.

In reality, is the exchange of "paper and ink" for a "burger", at a place setup and willing to make such exchanges, anything other then "barter" between People willing to make such an exchange?

I have always studied only the first sentence of the Fourteenth Amendment carefully - my folly. But maybe not, it certainly agrees with the substitution of the Trading with the Enemy Act enemy definition. The jurisdiction clause is worded the same as the Fourteenth Amendment:

http://Friends-n-Family-Research.inf...March_1933.jpg

...by any Person within the United States [singular, no longer plural; see the wording in the federal Constitution and compare the Thirteenth Amendment with the Fourteenth Amendment post incorporation of the US in 1871], or any place under the jurisdiction thereof...

http://Friends-n-Family-Research.inf...my_defined.jpg
http://Friends-n-Family-Research.inf..._amended_1.jpg
http://Friends-n-Family-Research.inf..._amended_2.jpg

You have nailed it directly, the reason that one is entitled to redeem Federal Reserve Bank notes:

http://friends-n-family-research.inf...ney_case_1.jpg
http://friends-n-family-research.inf...ney_case_2.jpg


That is a wonderful post. Thanks!


Regards,

David Merrill.

[freejeff]

Originally Posted by Codee

I think my dad and mom were my human capital. Yeah.

No, i think u were your mom and dad's human capital. :-)

[freejeff]

When I get lost in the reality of the fiction, I seek refuge in reality.

In reality, is the exchange of "paper and ink" for a "burger", at a place setup and willing to make such exchanges, anything other then "barter" between People willing to make such an exchange?

I hear what your saying.... i think the premise of the discussion is the true value in the barter. The reality, relative to this discussion and married to the brick and morter world would be that you are getting the better end of the stick... when MacDonalds actually takes the FRN and gives you a Big Mac. You get the hamburger and they allow you to pass debt to them.

The fact is that at some point in time, this will cease and as commercial entities will realize the true value of those greenbacks by not excepting them... What will they except? Gold and Silver isnt feasible.... Euro's would be.

IMHO

[aksis]

The "digital age" as some call it is all debits and credits on a digital ledger.

I used to play a D&D (Dungens and Dragons) type role playing game called Rifts. It took place in the past a nd the futurestic socities. In the futuristic fiction of the game, there was a monatary system. The system used "credit sticks".

The "credit stick" was activated by the finger print and transfered credits from one stick to another.

Keep in mind that this was a game, and during one session of the game, our group of players had robed a bunch of credit sticks, and knowing that we needed the thumb print to activate the sticks transfer ability, we also took the thumbs. I know its kind of morbid, but hey, it was a fanticy role playing game...

The point of the story is that it isn't going to be Euros, it is all shifting to credits...

In fact, it already has... who dosn't make use of a credit stick..err I mean card?

When will they be able to embed the finger print identification tech into the card, or more likely the register where people swipe the card... the tech already exists, its just a matter of deployment at this point. Can your Palm Pilot transfer credits? It already has the "touch screen" tech... not to hard to upgrade it with the finger print tech as well...

You will see the upgraded systems start to appear at your local grocery store because food is a basic need and will be the first place that any main stream deployment will happen.

There will also be some test bed deployment, I can't really say what or where, but I would speculate that it will be tested at the electronic stores because its the theam already in place and won't be too shocking to the people... I can see the ad hook now.. "Come try out the new tech at the Frys electronics" "Experience the New & Improved Secure Credit System at Circut City today!!! All people making SCS purchaces will recieve a 10% discount" "Upgrade you Palm Pilot with SCS tech for only 100.00c"

[freejeff]

yeah maybe but i think we will see a diversion to euro's first.... All the Big Corportations do euro conversions now... and that will drive the smaller banks 'imho'.... I wrote SAP Scripting for Lockheed Martin to except Euro's back in 1998. Big business has been trading it awhile... once they are onboard... it will be trickle down currency....

The basis for the monetary system is Gold... whoever has the gold rules the currency. Just ask the WTO. Once the currency is controlled 'fully' then the CREDIT STICK CONCEPT WILL COME INTO PLAY and from there we'll see chips in the hands of the officers 'known' as 'person' :-)

I guess the real question is who has the Gold? I think its in europe....

Eat the fish spit out the bones.... i'm only a conspiracy enthusiast not a conspiracy theorist.

[David Merrill]

http://www.financialsense.com/fsu/ed...2006/1217.html

http://fms.treas.gov/fr/06frusg/06frusg.pdf