Chase redeems their coupon!

[psholtz]

Originally Posted by David Merrill

Better get a closer look at the video and the linked case. You can exchange FRNs for USNs in the form of FRNs. But doing so is nonsense because you already endorsed private credit to get the FRNs as FRNs.

United States notes are the "lawful money" in 12 U.S.C. §411.

http://friends-n-family-research.inf...ublicMoney.wmv

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


Regards,

David Merrill.

So if I were to go into a Fed bank and try to "redeem" a $20 Fed note in "lawful money", they would just turn around and hand me two $10 Fed notes?

[psholtz]

Originally Posted by David Merrill

I believe that. Prior to 1933 the people were not Government bonds.

Nor were the people automatically "federal employees" (or "federal agencies") before the Social Security Act and the introduction of the SSN..

My understanding - as I'm starting to piece all this financial subterfuge together - is that having an SSN essentially makes your ALL CAPS NAME + SSN an agency of the United States government.. specifically, it makes your ALL CAPS NAME + SSN a revocable trust (w/ you as the fiduciary and the federal government as the beneficiary), under the direct control of Congress through Congressional acts..

The result of this, it would seem, is that the Corp US holds equitable title to all property acquired w/ a Social Security number..

Now the key (I think) is to understand that your employer also is an agency (trust) of the Corp US, and so when your employer "pays" you in Fed notes (which is how most people come into possession of the notes), there really is no need for "money".. all that is needed is a simple "bookkeeping" slight of hand, whereby a "debit" is made on the employer and a "credit" is made on the employee side.

This is the identical slight of hand that the Fed banks were using the Fed notes for prior to 1933 (and still do).. simply to "balance" their own internal accounts..

The reason Fed notes went into "public" circulation c. 1935 is b/c thats when most of the "public" came under the SS act, and therefore became an "agency" of the Corp US and therefore became entitled to use these Fed notes to "balance" their books as well (just as the Fed banks had been doing prior to 1933).

[SaveUncleSam]

Originally Posted by psholtz

So if I were to go into a Fed bank and try to "redeem" a $20 Fed note in "lawful money", they would just turn around and hand me two $10 Fed notes?

Yes, and what David says is by walking into the bank with a FRN, you are admitting to using private credit.
I used to bring in a few bills and exchange them for dollar coins. The thought of forcing the Fed to pay down the national debt one dollar at a time was amusing.

Now, I stamp all checks with the stamp verbiage so the bank cannot fractionalize the credit and to redeem the check in United States Notes. When I receive bills in exchange for a stamped check, I treat them as USNs although they look like FRNs.

[psholtz]

Originally Posted by SaveUncleSam

Yes, and what David says is by walking into the bank with a FRN, you are admitting to using private credit.

I think one the assumptions of operating under a "private" credit system is that there is actually a "public" alternative (or some other alternative).

Realistically speaking, in the United States today, this is of course untrue.

There are no "practical" alternatives to the private Fed credit (i.e., debt) system, and these claims that you occassionally hear from Corp US agencies such as "you don't need a SS number", "SS is voluntary", so on, are patently frivolous and those "government" officials making such statements should be prosecuted for fraud.

The whole purpose of Social Security (i.e., the private credit system) is to place title of all property + possessions in this land into the hands of the private, central bankers.

This is criminal fraud writ large.

[David Merrill]

Originally Posted by psholtz

So if I were to go into a Fed bank and try to "redeem" a $20 Fed note in "lawful money", they would just turn around and hand me two $10 Fed notes?

If you already have FRNs, why redeem them for lawful money? You already accrued an irrecusable obligation by admitting they are FRNs in need of redemption.

Nor were the people automatically "federal employees" (or "federal agencies") before the Social Security Act and the introduction of the SSN..

Citizens of the US have always been federal employees. As far as citizenship goes, people were state citizens until elected or appointed for service in the US; then they became citizens of the US. During the Civil War we had a new class of citizen, the emancipated black man. So we gave him Civil Rights, like the federal employees had at the time.

The models you describe about trusts and redemption may have their place but I think they are misleading. According to the article in the video one receives private credit from the Federal Reserve and the Social Security is considered an income tax. I say since the US Code says FRNs can be redeemed for lawful money do that with your paychecks. Abolish the Federal Reserve. Don't wait for Ron Paul to do it, he failed.

http://thomas.loc.gov/cgi-bin/query/z?c108:H.R.+2778:


Regards,


David Merrill.

[psholtz]

Are vouchers the same thing as coupons?

[David Merrill]

Originally Posted by psholtz

Are vouchers the same thing as coupons?

I just handled the verbiage on the coupon. It turned out that the actual tear-off did not even say coupon. Sometimes a coupon is just a statement of how much is owed too. So you have to understand how credit is used and abused to get double-enrichment in a criminal syndicalism before you can call a voucher a coupon.

You better look over that authorization I attached early in this thread - the example. Otherwise I only spout about redeeming coupons because somebody got $13K+ debt released by authorizing Chase to redeem that amout of credit. I do not consider myself an expert - it just works. And it will destroy the credit system if people dispell the abracadabra too quickly so... it is like a run on the bank.

I noticed a new thread about credit cards for people who have no SSN. I think it is a little paranoid even for Reuter's to spin that to be about illegal aliens. I am not saying it isn't; just that you must look into what Alan Greenspan was brave enough to warn us about only after he announced his resignation: He calls it account deficit but it used to be called trade deficit. The objective is to get people into debt; regardless of whether they are aliens or natives. The only objective I can think of is that bankers will be building megaprisons for debtors soon.


Regards,

David Merrill.

[psholtz]

Originally Posted by David Merrill

I just handled the verbiage on the coupon. It turned out that the actual tear-off did not even say coupon. Sometimes a coupon is just a statement of how much is owed too. So you have to understand how credit is used and abused to get double-enrichment in a criminal syndicalism before you can call a voucher a coupon.

So what is the ultimate source of credit that the central bankers draw on?

Birth certificates circulating as "bonds", or our promise to pay the income tax?

The only objective I can think of is that bankers will be building megaprisons for debtors soon.

No doubt, they've already begun.

[David Merrill]

Originally Posted by psholtz

So what is the ultimate source of credit that the central bankers draw on?

Birth certificates circulating as "bonds", or our promise to pay the income tax?


No doubt, they've already begun.

That cannot be proven out. It is accurately reflected in gold being replaced by paper gold in '75-'76. Special Drawing Rights are the stabilizer of the exchange rate. Everywhere you look, the birth certificate was the basis for SSN and that was basis for credit rating until this year anyway. Now you can get credit cards without SSN and that is telling me to tell you, get out of the private credit game! Now!

I have gotten a couple PMs:

1) Someone is taking the paychecks to their own bank instead of the employer's bank and they insist on the paycheck clearing the employer's bank before they will cash it. This is to be expected with or without the non-endorsement stamp.

2) Someone who authorized redemption of the coupon with Chase found they went directly to foreclosure; without even a 20-Day Notice. That if you were reading is what happened with the suitor who got the debt cleared. I hope you note the Refusal for Cause process upon this Notice. You have to do it within 72 hours according to the UCC.


Regards,

David Merrill.

[fulltitle]

Without Prejudice.

Originally Posted by David Merrill

Citizens of the US have always been federal employees. As far as citizenship goes, people were state citizens until elected or appointed for service in the US; then they became citizens of the US. During the Civil War we had a new class of citizen, the emancipated black man. So we gave him Civil Rights, like the federal employees had at the time.

Freed slaves had in itinere status (freedmen). Neither free nor freed brown-skin folks necessarily needed the 14th. But perhaps this is overlooked: the southerners became enemies under hostile occupation--the 14th was for THEM--because enemy under hostile status may have put them less of a fortunate condition than slaves. (Also consider the prospect that numerous indentured servants were emancipated as a result of the Civil War too.)

The models you describe about trusts and redemption may have their place but I think they are misleading. According to the article in the video one receives private credit from the Federal Reserve and the Social Security is considered an income tax. I say since the US Code says FRNs can be redeemed for lawful money do that with your paychecks. Abolish the Federal Reserve.

Seems like it in that area it at least may come down to : 1) non-endorsement, 2) use FRB private credit .