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Pay No Taxes legally -End the FED -synopsis page 8-Why are waiting for someone to do it for us like Ron paul

 
rken (OP)

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Re: Pay No Taxes legally -End the FED -synopsis page 8-Why are waiting for someone to do it for us like Ron paul
More on endorsing checks


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rken (OP)

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Re: Pay No Taxes legally -End the FED -synopsis page 8-Why are waiting for someone to do it for us like Ron paul
Lawful Money, 12 USC 411, Simpsons, and Endorsing Checks - HD


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Re: Pay No Taxes legally -End the FED -synopsis page 8-Why are waiting for someone to do it for us like Ron paul
bump

VERY COOL
BloodRed

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Re: Pay No Taxes legally -End the FED -synopsis page 8-Why are waiting for someone to do it for us like Ron paul
economicmelt

~ AWESOME THREAD, OP!! =)
hf
~ Y'all Are CrAzY Doom Tards!! But I love y'all anyway... well, not the shills, not so much... ~

~ Wanna know what we're all here for? THEY know: [link to www.youtube.com] ... So if _THEY_ can manage this, why in the world are WE such hateful fail-tards, people ........ ? ~
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Re: Pay No Taxes legally -End the FED -synopsis page 8-Why are waiting for someone to do it for us like Ron paul
Ac 692708

A question for you. What does it mean in the 2nd vid on remedies. it talks about Fdr notes fuctioning as US notes in-(elastic currency) when there not endorsed. Can you explain what endorsing is. 8 minutes into the vid #2. Thanks Rken
 Quoting: rken



Endorsement (alternatively spelt indorsement) may refer to:

* Testimonial in advertising, written or spoken statement endorsing a product
* Political endorsement
* a form added to an insurance policy, modifying the terms
* A signature on a negotiable instrument (such as a cheque) indicating a person's intent to become a party to the instrument.
* Blank endorsement – such a signature, without indicating payee

In effect, when signing "Deposit for credit on account or exchange for Non-Negotiable Federal Reserve Notes of face value"

You are signing a non-endorsement to use federal reserve credit/debit.

An endorsement, or signature on the back of any deposit would "indicate" yourself to become a party to the Contract between the US and the Federal Reserve and their elastic currency (changing value) Notes.

A non-endorsement clearly states you will NOT endorse said notes, therefore, the Non-negotiable FRNs you get are, for all legal purposes, non-elastic US Bank notes.

It should be noted here, the $300,000,000 US bank notes are still in Banks and/or the Treasury. These US Notes where pre-paid every year by the US Treasury in Gold or Silver. They have Red seals and serial numbers. If the notes are worn out, the Treasury has to pay for a new one in gold or silver coin and at face value of the coin.

It is my belief, since going off the gold standard (Nixon in 1971) the notes were no longer circulated because, they were actually too expensive to replace.

Therefore, the FRNs issued had to be "empowered" to "serve the same purpose as US Bank notes". Thus protecting the US Bank notes at the same time, Since the price of Gold is so high, and the law requires $300,000,000 in US Bank notes each year, the Treasury could not afford to give that much gold to the Federal Reserve, once it had to pay current market value for Gold. (The par value for gold prior to 1971 was still about $40 and ounce.)

[link to www.usagold.com]

When I write "Redeemed lawful money per 12-USC-411" on the back of a FRN and a Federal Reserve Bank inspects that note, the Serial number of that FRN is cancelled and a US Bank note (from the $300,000,000) serial number is accounted for to cancel, dollar for dollar, that amount of National Debt.

I am non-endorsing the FRN as a debt note with my demand for lawful money on the back of the note and/or my non-endorsement on the deposit.

The FRN serial number cannot be used again, since it has been PAID.

In cases where a normal, unredeemed, worn out FRN comes to a bank, that NOTE is destroyed, but the serial number can and is reissued to a newly printed FRN (with the addition of a * to the number, if I remember right). The debt it is evidence of continues to accrue new debt at face value and interest.

By the way, this is why I do not write anything on the FACE of the FRN, the redemption of the FRN is on the back, since it is against the rules to "DEFACE" a FRN.

I hope that helps :)
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Re: Pay No Taxes legally -End the FED -synopsis page 8-Why are waiting for someone to do it for us like Ron paul
[link to pulse.zecco.com]

There is a US Bank Note and a Federal Reserve note for reference.
Anonymous Coward
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01/01/2011 01:33 PM
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Re: Pay No Taxes legally -End the FED -synopsis page 8-Why are waiting for someone to do it for us like Ron paul
How to endorse your checks



rken
 Quoting: rken


We are, in effect, non-endorsing checks and deposits. No endorsement means non-fractioanable to the banks. If anyone gets static from the banks, that is why.

But, it is against the law for them to not accept non-endorsement as it would be "voluntary" if you did not have a choice.

A call or complaint to their legal department will solve most issues.
rken (OP)

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01/01/2011 01:50 PM
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Re: Pay No Taxes legally -End the FED -synopsis page 8-Why are waiting for someone to do it for us like Ron paul
Ac 692708

A question for you. What does it mean in the 2nd vid on remedies. it talks about Fdr notes fuctioning as US notes in-(elastic currency) when there not endorsed. Can you explain what endorsing is. 8 minutes into the vid #2. Thanks Rken



Endorsement (alternatively spelt indorsement) may refer to:

* Testimonial in advertising, written or spoken statement endorsing a product
* Political endorsement
* a form added to an insurance policy, modifying the terms
* A signature on a negotiable instrument (such as a cheque) indicating a person's intent to become a party to the instrument.
* Blank endorsement – such a signature, without indicating payee

In effect, when signing "Deposit for credit on account or exchange for Non-Negotiable Federal Reserve Notes of face value"

You are signing a non-endorsement to use federal reserve credit/debit.

An endorsement, or signature on the back of any deposit would "indicate" yourself to become a party to the Contract between the US and the Federal Reserve and their elastic currency (changing value) Notes.

A non-endorsement clearly states you will NOT endorse said notes, therefore, the Non-negotiable FRNs you get are, for all legal purposes, non-elastic US Bank notes.

It should be noted here, the $300,000,000 US bank notes are still in Banks and/or the Treasury. These US Notes where pre-paid every year by the US Treasury in Gold or Silver. They have Red seals and serial numbers. If the notes are worn out, the Treasury has to pay for a new one in gold or silver coin and at face value of the coin.

It is my belief, since going off the gold standard (Nixon in 1971) the notes were no longer circulated because, they were actually too expensive to replace.

Therefore, the FRNs issued had to be "empowered" to "serve the same purpose as US Bank notes". Thus protecting the US Bank notes at the same time, Since the price of Gold is so high, and the law requires $300,000,000 in US Bank notes each year, the Treasury could not afford to give that much gold to the Federal Reserve, once it had to pay current market value for Gold. (The par value for gold prior to 1971 was still about $40 and ounce.)

[link to www.usagold.com]

When I write "Redeemed lawful money per 12-USC-411" on the back of a FRN and a Federal Reserve Bank inspects that note, the Serial number of that FRN is cancelled and a US Bank note (from the $300,000,000) serial number is accounted for to cancel, dollar for dollar, that amount of National Debt.

I am non-endorsing the FRN as a debt note with my demand for lawful money on the back of the note and/or my non-endorsement on the deposit.

The FRN serial number cannot be used again, since it has been PAID.

In cases where a normal, unredeemed, worn out FRN comes to a bank, that NOTE is destroyed, but the serial number can and is reissued to a newly printed FRN (with the addition of a * to the number, if I remember right). The debt it is evidence of continues to accrue new debt at face value and interest.

By the way, this is why I do not write anything on the FACE of the FRN, the redemption of the FRN is on the back, since it is against the rules to "DEFACE" a FRN.

I hope that helps :)
 Quoting: Anonymous Coward 692708

Thank you that is a big help. So when you receive money from a bank from cashing a check with limited endorsement you write on the back of each bill you receive, "Redeemed lawful money per 12-USC-411" What about fdr you pick up as change in circulation. Can you just write on the back of any bill that you have. Who records and when are the serial numbers recorded. I really appreciate you taking the time to explain things. I'm sure this will help other understand also. rken
AFFIDAVIT OF TRUTH
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Anonymous Coward
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01/01/2011 01:54 PM
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Re: Pay No Taxes legally -End the FED -synopsis page 8-Why are waiting for someone to do it for us like Ron paul
[link to pulse.zecco.com]

There is a US Bank Note and a Federal Reserve note for reference.
 Quoting: Anonymous Coward 692708



i'm assuming that in order for this "cancellation" that you speak of to take effect you must use cash that has the stuff written on the back, correct? this wouldn't apply to transactions made on a debit card or with a check or auto-debit from a checking account where the applicable signature card was modified to fit what we are discussing here.
Anonymous Coward
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Re: Pay No Taxes legally -End the FED -synopsis page 8-Why are waiting for someone to do it for us like Ron paul
The legal tender payments are not lawful payments. The debt still exists. If you are not using lawful money, there is no lawful payment.

You give me a promise to pay me for the hamburger today. On Tuesday, you come back and give me a $5.00, unredeemed Federal Reserve Note, which I ACCEPT FOR FACE VALUE.

The "debt" between you and I is discharged, but since the hamburger had actual physical value as food, and the FRN you gave has an actual value of ZERO and has interest on it, I have gained nothing.
 Quoting: Anonymous Coward 692708


If you didn't think that the Federal Reserve Note was worth more than the hamburger, why would you agree to exchange the hamburger for it? It seems to me that in this deal, the customer values the hamburger more highly than the note, and the vendor values the note more highly than the hamburger. They trade, and now both are better off.
rken (OP)

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Re: Pay No Taxes legally -End the FED -synopsis page 8-Why are waiting for someone to do it for us like Ron paul
[link to pulse.zecco.com]

There is a US Bank Note and a Federal Reserve note for reference.



i'm assuming that in order for this "cancellation" that you speak of to take effect you must use cash that has the stuff written on the back, correct? this wouldn't apply to transactions made on a debit card or with a check or auto-debit from a checking account where the applicable signature card was modified to fit what we are discussing here.
 Quoting: Anonymous Coward 1213545

My understanding is that if you modify your signature card all transaction, from that point on, are done with lawful money, FDR's functioning as US currency when you receive cash from an ATM or with drawing money from your account. rken
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Re: Pay No Taxes legally -End the FED -synopsis page 8-Why are waiting for someone to do it for us like Ron paul
My understanding is that if you modify your signature card all transaction, from that point on, are done with lawful money, FDR's functioning as US currency when you receive cash from an ATM or with drawing money from your account. rken
 Quoting: rken


Fascinating. How long does this last? For example, you do business with somebody for cash in hand. How do you know whether the notes he pays with are real currency? You can't tell to look at them whether they were originally drawn from the ATM by someone who had written the magic words on the card, or by someone who hadn't.

Do they revert to being ordinary notes when passed on in trade, or does the magic stick?
Anonymous Coward
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Re: Pay No Taxes legally -End the FED -synopsis page 8-Why are waiting for someone to do it for us like Ron paul
Thank you that is a big help. So when you receive money from a bank from cashing a check with limited endorsement you write on the back of each bill you receive, "Redeemed lawful money per 12-USC-411" What about fdr you pick up as change in circulation. Can you just write on the back of any bill that you have. Who records and when are the serial numbers recorded. I really appreciate you taking the time to explain things. I'm sure this will help other understand also. rken
 Quoting: rken


Any FRN that comes into my possession is Lawful money. Most people get a simple stamp and stamp the backs of FRN's. To me, it is just one more hit against the Federal Reserve and people who see it on money might just look it up and see what it means.

All FRNs are eventually inspected by bank employees for circulation status. It is my understanding at Regional banks, there is one management level employee who is in charge of all "lawful money" demands and/or accounting. This is above the average bank managers pay grade, and not known by any teller I have ever spoken too.

If, for whatever reason, you need more proof of lawful money, the most tellers will give you a FRN and upon request, write on the receipt "lawful money" and then record the serial number of the FRN on the receipt and initial it. Post offices will do this also. Most court clerks and recorders will do this as well.

This might be important when paying taxes on property, for example, then you will have a paper trail that you actually PAID the property tax and did not just promise them a payment next year with credit.

Remember, even $1 in Lawful money is worth more than any amount of credit or sero/negative value FRNs.

That would show the property purchased or tax paid with Lawful money is NOT LEANED by the Federal Government nor the Federal Reserve. Can you think of a situation where that might make a difference?

Remember, FDR said nobody can be compelled to pay the national debt. This also has ramifications when we know about the "trading with the enemy act".

Abe Lincoln: "It denounces as public enemies all who question its methods or throw light upon its crimes. I have two great enemies, the Southern Army in front of me and the bankers in the rear. Of the two, the one at my rear is my greatest foe."

What "enemy" could the Average american be "trading" with to subject him or her to the Trading with the enemy act?

Maybe the same enemy which Abe was talking about?
dowewk
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01/01/2011 02:22 PM
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Re: Pay No Taxes legally -End the FED -synopsis page 8-Why are waiting for someone to do it for us like Ron paul


Ac 692708

A question for you. What does it mean in the 2nd vid on remedies. it talks about Fdr notes fuctioning as US notes in-(elastic currency) when there not endorsed. Can you explain what endorsing is. 8 minutes into the vid #2. Thanks Rken



Endorsement (alternatively spelt indorsement) may refer to:

* Testimonial in advertising, written or spoken statement endorsing a product
* Political endorsement
* a form added to an insurance policy, modifying the terms
* A signature on a negotiable instrument (such as a cheque) indicating a person's intent to become a party to the instrument.
* Blank endorsement – such a signature, without indicating payee

In effect, when signing "Deposit for credit on account or exchange for Non-Negotiable Federal Reserve Notes of face value"

You are signing a non-endorsement to use federal reserve credit/debit.

An endorsement, or signature on the back of any deposit would "indicate" yourself to become a party to the Contract between the US and the Federal Reserve and their elastic currency (changing value) Notes.

A non-endorsement clearly states you will NOT endorse said notes, therefore, the Non-negotiable FRNs you get are, for all legal purposes, non-elastic US Bank notes.

It should be noted here, the $300,000,000 US bank notes are still in Banks and/or the Treasury. These US Notes where pre-paid every year by the US Treasury in Gold or Silver. They have Red seals and serial numbers. If the notes are worn out, the Treasury has to pay for a new one in gold or silver coin and at face value of the coin.

It is my belief, since going off the gold standard (Nixon in 1971) the notes were no longer circulated because, they were actually too expensive to replace.

Therefore, the FRNs issued had to be "empowered" to "serve the same purpose as US Bank notes". Thus protecting the US Bank notes at the same time, Since the price of Gold is so high, and the law requires $300,000,000 in US Bank notes each year, the Treasury could not afford to give that much gold to the Federal Reserve, once it had to pay current market value for Gold. (The par value for gold prior to 1971 was still about $40 and ounce.)

[link to www.usagold.com]

When I write "Redeemed lawful money per 12-USC-411" on the back of a FRN and a Federal Reserve Bank inspects that note, the Serial number of that FRN is cancelled and a US Bank note (from the $300,000,000) serial number is accounted for to cancel, dollar for dollar, that amount of National Debt.

I am non-endorsing the FRN as a debt note with my demand for lawful money on the back of the note and/or my non-endorsement on the deposit.

The FRN serial number cannot be used again, since it has been PAID.

In cases where a normal, unredeemed, worn out FRN comes to a bank, that NOTE is destroyed, but the serial number can and is reissued to a newly printed FRN (with the addition of a * to the number, if I remember right). The debt it is evidence of continues to accrue new debt at face value and interest.

By the way, this is why I do not write anything on the FACE of the FRN, the redemption of the FRN is on the back, since it is against the rules to "DEFACE" a FRN.

I hope that helps :)

I want to clarify what I think I just read. If I were to write "Redeemed lawful money per 12-USC-411" on the back of every Federal Reserve Note I came into contact with, as soon as I have written that on $300,000,000 worth of Federal Reserve Notes, the entire US Deficit would be paid?
Anonymous Coward
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Re: Pay No Taxes legally -End the FED -synopsis page 8-Why are waiting for someone to do it for us like Ron paul
The legal tender payments are not lawful payments. The debt still exists. If you are not using lawful money, there is no lawful payment.

You give me a promise to pay me for the hamburger today. On Tuesday, you come back and give me a $5.00, unredeemed Federal Reserve Note, which I ACCEPT FOR FACE VALUE.

The "debt" between you and I is discharged, but since the hamburger had actual physical value as food, and the FRN you gave has an actual value of ZERO and has interest on it, I have gained nothing.


If you didn't think that the Federal Reserve Note was worth more than the hamburger, why would you agree to exchange the hamburger for it? It seems to me that in this deal, the customer values the hamburger more highly than the note, and the vendor values the note more highly than the hamburger. They trade, and now both are better off.
 Quoting: Anonymous Coward 1208372


It is the illusion of value. Lets face it, if Crude oil was not exclusively priced and traded in US Dollar values, it would have very little market value.

In the end, any money only has the value you put in it. Now, in the united States it is a little different, because congress has the lawful authority to "coin money" set the value of those coins. The law of the land and all that.
dowewk
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I want to clarify what I think I just read. If I were to write "Redeemed lawful money per 12-USC-411" on the back of every Federal Reserve Note I came into contact with, as soon as I have written that on $300,000,000 worth of Federal Reserve Notes, the entire US Deficit would be paid?
Anonymous Coward
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Re: Pay No Taxes legally -End the FED -synopsis page 8-Why are waiting for someone to do it for us like Ron paul
Any FRN that comes into my possession is Lawful money. Most people get a simple stamp and stamp the backs of FRN's.

Remember, even $1 in Lawful money is worth more than any amount of credit or sero/negative value FRNs.
 Quoting: Anonymous Coward 692708


Amazing! So, I can take a $1 federal reserve note, stamp the back of it, and then go over to Mr. Gates and trade it to him for $1,000,000 in federal reserve notes? You reckon he'll take that deal?
Anonymous Coward
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Re: Pay No Taxes legally -End the FED -synopsis page 8-Why are waiting for someone to do it for us like Ron paul
I want to clarify what I think I just read. If I were to write "Redeemed lawful money per 12-USC-411" on the back of every Federal Reserve Note I came into contact with, as soon as I have written that on $300,000,000 worth of Federal Reserve Notes, the entire US Deficit would be paid?

No, but the US Treasury would have to pay another $300,000,000 million in gold or silver coin (at face value of said coins) to replace the 300 million YOU paid off. And the National debt owed to the Federal Reserve would drop 300 million as soon as the transaction was complete.

And all interest that would have accrued on that debt would be gone also. That is what happens when you actually "pay" for something.
rken (OP)

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01/01/2011 02:27 PM
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AC 692708

Thanks once again for your input. Your knowledge has been most helpful to me and I'm sure others feel the same way.

It is getting late here once again 2:30am. So I'm off to bed.

Hey everybody thanks for your interest in this and keeping the thread bumped, stared and rolling along. Please kept up the good work. See you all tomorrow. rken
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Anonymous Coward
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Re: Pay No Taxes legally -End the FED -synopsis page 8-Why are waiting for someone to do it for us like Ron paul
No, but the US Treasury would have to pay another $300,000,000 million in gold or silver coin (at face value of said coins) to replace the 300 million YOU paid off.
 Quoting: Anonymous Coward 692708


Face value? Not bullion value? So I suppose they just stamp out a tiny silver coin with "$300,000,000" written on it whenever this sort of thing happens?
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Re: Pay No Taxes legally -End the FED -synopsis page 8-Why are waiting for someone to do it for us like Ron paul
Any FRN that comes into my possession is Lawful money. Most people get a simple stamp and stamp the backs of FRN's.

Remember, even $1 in Lawful money is worth more than any amount of credit or sero/negative value FRNs.


Amazing! So, I can take a $1 federal reserve note, stamp the back of it, and then go over to Mr. Gates and trade it to him for $1,000,000 in federal reserve notes? You reckon he'll take that deal?
 Quoting: Anonymous Coward 1208372


I could really not care less what Mr. Gates would do, I am concerned with the law and what happens when I obey it. And the fact that what I buy with lawful money is mine, I can prove it and it is NOT leaned by the Federal Reserve.

As for what Mr. Gates would do with your offer, I guess that depends on your skills as a salesperson.

After all, nearly every person in the world actually believes that un-redeemed Federal Reserve Notes have "value" when the US Treasury website clearly states "the notes have no value".
Anonymous Coward
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01/01/2011 02:34 PM
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Re: Pay No Taxes legally -End the FED -synopsis page 8-Why are waiting for someone to do it for us like Ron paul
Any FRN that comes into my possession is Lawful money. Most people get a simple stamp and stamp the backs of FRN's.

Remember, even $1 in Lawful money is worth more than any amount of credit or sero/negative value FRNs.


Amazing! So, I can take a $1 federal reserve note, stamp the back of it, and then go over to Mr. Gates and trade it to him for $1,000,000 in federal reserve notes? You reckon he'll take that deal?


I could really not care less what Mr. Gates would do, I am concerned with the law and what happens when I obey it. And the fact that what I buy with lawful money is mine, I can prove it and it is NOT leaned by the Federal Reserve.

As for what Mr. Gates would do with your offer, I guess that depends on your skills as a salesperson.

After all, nearly every person in the world actually believes that un-redeemed Federal Reserve Notes have "value" when the US Treasury website clearly states "the notes have no value".
 Quoting: Anonymous Coward 692708


Well, if the $1 Lawful Money is worth more than the $1,000,000 Federal Reserve Notes, then clearly Mr. Gates would be a fool to turn down my offer. I'm just exploring what the exchange rate is here.

Suppose now I go down to the market. I want to buy a loaf of bread. Let's say the going rate today is $1 Federal Reserve for a loaf of bread. How much can I expect to pay in Lawful Money?
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Re: Pay No Taxes legally -End the FED -synopsis page 8-Why are waiting for someone to do it for us like Ron paul
No, but the US Treasury would have to pay another $300,000,000 million in gold or silver coin (at face value of said coins) to replace the 300 million YOU paid off.


Face value? Not bullion value? So I suppose they just stamp out a tiny silver coin with "$300,000,000" written on it whenever this sort of thing happens?
 Quoting: Anonymous Coward 1208372


The last ruling by congress on the value of Gold was about $44.00 per ounce, that is the value they will give you if you try to pay for taxes with gold bullion, people have tried. Now, for Gold coins, they will give you face value. Congress cannot deal with Federal Reserve notes, it is against the law.

Why don't you ask congress that question, it is a power given to them in the law of the land.

"To coin money, regulate the value thereof, and of foreign coin, and fix the standard of weights and measures;"
Article I section 8, uS Constitution.
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Re: Pay No Taxes legally -End the FED -synopsis page 8-Why are waiting for someone to do it for us like Ron paul
I want to clarify what I think I just read. If I were to write "Redeemed lawful money per 12-USC-411" on the back of every Federal Reserve Note I came into contact with, as soon as I have written that on $300,000,000 worth of Federal Reserve Notes, the entire US Deficit would be paid?

No, but the US Treasury would have to pay another $300,000,000 million in gold or silver coin (at face value of said coins) to replace the 300 million YOU paid off. And the National debt owed to the Federal Reserve would drop 300 million as soon as the transaction was complete.

And all interest that would have accrued on that debt would be gone also. That is what happens when you actually "pay" for something.

 Quoting: Anonymous Coward 692708


So, if everyone wrote "Redeemed lawful money per 12-USC-411" on the back of all of their Federal Reserve Notes everyday
and used them, eventually the national debt would be paid off?
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Re: Pay No Taxes legally -End the FED -synopsis page 8-Why are waiting for someone to do it for us like Ron paul
Any FRN that comes into my possession is Lawful money. Most people get a simple stamp and stamp the backs of FRN's.

Remember, even $1 in Lawful money is worth more than any amount of credit or sero/negative value FRNs.


Amazing! So, I can take a $1 federal reserve note, stamp the back of it, and then go over to Mr. Gates and trade it to him for $1,000,000 in federal reserve notes? You reckon he'll take that deal?


I could really not care less what Mr. Gates would do, I am concerned with the law and what happens when I obey it. And the fact that what I buy with lawful money is mine, I can prove it and it is NOT leaned by the Federal Reserve.

As for what Mr. Gates would do with your offer, I guess that depends on your skills as a salesperson.

After all, nearly every person in the world actually believes that un-redeemed Federal Reserve Notes have "value" when the US Treasury website clearly states "the notes have no value".


Well, if the $1 Lawful Money is worth more than the $1,000,000 Federal Reserve Notes, then clearly Mr. Gates would be a fool to turn down my offer. I'm just exploring what the exchange rate is here.

Suppose now I go down to the market. I want to buy a loaf of bread. Let's say the going rate today is $1 Federal Reserve for a loaf of bread. How much can I expect to pay in Lawful Money?
 Quoting: Anonymous Coward 1208372


What part of "non-negotiable Federal Reserve notes of FACE VALUE" do you not get?

You get face value of the note, nothing more, nothing less.

The difference is DEBT. One note is a promise to pay and interest bearing, the other is an actual payment. Can you figure out which is which?
Anonymous Coward
User ID: 1208372
United Kingdom
01/01/2011 02:40 PM
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Re: Pay No Taxes legally -End the FED -synopsis page 8-Why are waiting for someone to do it for us like Ron paul
No, but the US Treasury would have to pay another $300,000,000 million in gold or silver coin (at face value of said coins) to replace the 300 million YOU paid off.


Face value? Not bullion value? So I suppose they just stamp out a tiny silver coin with "$300,000,000" written on it whenever this sort of thing happens?


The last ruling by congress on the value of Gold was about $44.00 per ounce, that is the value they will give you if you try to pay for taxes with gold bullion, people have tried. Now, for Gold coins, they will give you face value. Congress cannot deal with Federal Reserve notes, it is against the law.

Why don't you ask congress that question, it is a power given to them in the law of the land.

"To coin money, regulate the value thereof, and of foreign coin, and fix the standard of weights and measures;"
Article I section 8, uS Constitution.
 Quoting: Anonymous Coward 692708


Well, I've never heard of this process where they maintain a parallel currency ultimately based on gold and silver coins. That's why I asked here, since it's the only place I've heard it discussed. When was it last done, and what coins did they use to pay this sum then?
Anonymous Coward
User ID: 692708
United States
01/01/2011 02:43 PM
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Re: Pay No Taxes legally -End the FED -synopsis page 8-Why are waiting for someone to do it for us like Ron paul
Any FRN that comes into my possession is Lawful money. Most people get a simple stamp and stamp the backs of FRN's.

Remember, even $1 in Lawful money is worth more than any amount of credit or sero/negative value FRNs.


Amazing! So, I can take a $1 federal reserve note, stamp the back of it, and then go over to Mr. Gates and trade it to him for $1,000,000 in federal reserve notes? You reckon he'll take that deal?


I could really not care less what Mr. Gates would do, I am concerned with the law and what happens when I obey it. And the fact that what I buy with lawful money is mine, I can prove it and it is NOT leaned by the Federal Reserve.

As for what Mr. Gates would do with your offer, I guess that depends on your skills as a salesperson.

After all, nearly every person in the world actually believes that un-redeemed Federal Reserve Notes have "value" when the US Treasury website clearly states "the notes have no value".


Well, if the $1 Lawful Money is worth more than the $1,000,000 Federal Reserve Notes, then clearly Mr. Gates would be a fool to turn down my offer. I'm just exploring what the exchange rate is here.

Suppose now I go down to the market. I want to buy a loaf of bread. Let's say the going rate today is $1 Federal Reserve for a loaf of bread. How much can I expect to pay in Lawful Money?
 Quoting: Anonymous Coward 1208372


No matter what the "exchange rate is" if you buy it with non-redeemed Federal Reserve Notes, the product you buy is presumed owned by the Federal Reserve. That is why you do not have any allodial title to anything, you only have "Certificates of title" and why you only have "tenant rights" and not "land ownership".

You did not lawfully pay for it, so its not yours.
Anonymous Coward
User ID: 1208372
United Kingdom
01/01/2011 02:43 PM
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Re: Pay No Taxes legally -End the FED -synopsis page 8-Why are waiting for someone to do it for us like Ron paul
Suppose now I go down to the market. I want to buy a loaf of bread. Let's say the going rate today is $1 Federal Reserve for a loaf of bread. How much can I expect to pay in Lawful Money?


What part of "non-negotiable Federal Reserve notes of FACE VALUE" do you not get?

You get face value of the note, nothing more, nothing less.

The difference is DEBT. One note is a promise to pay and interest bearing, the other is an actual payment. Can you figure out which is which?
 Quoting: Anonymous Coward 692708


One is a piece of paper I might have, and exchange for goods or services at a rate agreed with a vendor. The other is a piece of paper I might have, and exchange for goods or services at a rate agreed with a vendor.

If the vendor is willing to exchange my $1 Federal Reserve for a loaf of bread, what do I care for the theory behind it? I'm only interested if the $1 Lawful Money is _actually_ worth more. If the price of bread was $2 Federal Reserve, but $1 Lawful Money, well, _THEN_ I would agree that Lawful Money is worth more. But otherwise, I can't see the difference at all.
rken (OP)

User ID: 1213187
Thailand
01/01/2011 02:46 PM
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Re: Pay No Taxes legally -End the FED -synopsis page 8-Why are waiting for someone to do it for us like Ron paul
to Anonymous Coward
User ID: 1208372

Our friend here has been good enough to share with us what he knows. Serious questions about how this works are appreciated. You are coming very close to trolling. please be respectful. I do not want to delete threads or ban people but I will. If they are being disruptive. Thank YOU Rken
AFFIDAVIT OF TRUTH
for taking back your Sovereignty
[link to www.buildfreedom.com]
Anonymous Coward
User ID: 692708
United States
01/01/2011 02:47 PM
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Re: Pay No Taxes legally -End the FED -synopsis page 8-Why are waiting for someone to do it for us like Ron paul
"On August 15, 1971, the United States unilaterally terminated convertibility of the dollar to gold. This action, referred to as the Nixon shock, created the situation in which the United States dollar became the sole backing of currencies and a reserve currency for the member states."

Why do you think $300,000,000 in gold backed US Banks notes stopped circulating in 1971?

Hint: see above.

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