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

How to endorse your checks



rken

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 :)

[link to pulse.zecco.com]

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

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.

[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.

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

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

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.

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.

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.

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?

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".

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?

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?

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.

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?

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?