Pay No Taxes legally -End the FED -synopsis page 8-Why are waiting for someone to do it for us like Ron paul | |
Sir Phydeau User ID: 960398 United States 10/17/2011 04:12 PM Report Abusive Post Report Copyright Violation | Re: Pay No Taxes legally -End the FED -synopsis page 8-Why are waiting for someone to do it for us like Ron paul Remember, the banks have the legal right to fraction deposits, which means for each $1 they get, they can now loan $1. (there is a ZERO reserve now, since the bailout). Quoting: Anonymous Coward 692708 Try closer to 1:9. A new bank opens and gets it's startup from the central bank in the sum of $1000. From that $1000 they can now loan $9000. Here's where the fun starts. Thanks to fractional reserve banking, that bank can now loan out at a ratio of 9:1 on that deposit. Enter Joe. Joe takes out a loan from NewBanc to buy a car he wants for $9000. ($8000 of which never existed beyond the balance sheets in the first place) He gives that $9000 to Sally for the car and she deposits it into her bank. If this bank is also NewBanc, then they can only loan out a divisor of the fractional base instead of a multiplier, or 9:1, on Sally's deposit. So, there is now around $8000 that can be loaned off Sally's deposit. Each time that $9000 (of which only $1000 existed in the first place) changes hands in the same bank, around 9% less can be loaned off it, but it still adds up FAST. We're talking around $50k on the 6th rotation that doesn't even exist anywhere other than the promise/signature of the debtee to pay. If the money were to never leave the loop of the same bank as it did in this hypothetical scenario above, it would dilute itself to an eventual 1:1. I could be off on this or over-simplifying it, someone will correct me if I'm off, count on it. :P I would say that everyone should watch at least the first 20 minutes of this video at least once. [link to www.youtube.com] Last Edited by Sir Phydeau on 10/17/2011 05:04 PM "When the facts change, I change my mind. What do you do, sir?" — John M. Keynes "The way to see by [blind] faith is to shut the eye of reason." - Benjamin Franklin Real men keep Torah. Knighted into the Army of Yahuwah on 10-9-10. Dear disaffected Democrats: Welcome to the Libertarian Party, we think you will find our social tolerance delightful. However in exchange for this, you're going to have to find a way to be ok with people keeping their guns and more of their money. Dear disaffected Republicans: Welcome to the Libertarian Party, we think you will find our small government economic policies to your liking. However in exchange you will have to find a way to be ok with "the gays" getting married. Snacks are on the table, help yourself. Please introduce yourself to someone on "the other side", you might be astonished just how much you actually have in common. |
rken User ID: 3360484 Thailand 10/18/2011 10:47 AM Report Abusive Post Report Copyright Violation | |
mehitable User ID: 1524722 United States 10/18/2011 11:43 AM Report Abusive Post Report Copyright Violation | 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 bottom line is...until and unless the system is FUNDAMENTALLY changed (get rid of the Fed, for example), the government will insist on collecting taxes, whether it is legal, illegal, logical, or illogical...because they NEED the money to keep their Ponzi schemes going. They will do whatever it takes to GET that money and unfortunately schemes like the OP's will not ultimately work. The government will insist that you pay them their protection money or you WILL go to jail for a long, long, long time. Tax evasion is really the only "crime" they take seriously. They'd release a serial pedophile and ax murderer faster than a tax evader. |
seeker2 User ID: 3360484 Thailand 10/18/2011 12:16 PM Report Abusive Post Report Copyright Violation | 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 bottom line is...until and unless the system is FUNDAMENTALLY changed (get rid of the Fed, for example), the government will insist on collecting taxes, whether it is legal, illegal, logical, or illogical...because they NEED the money to keep their Ponzi schemes going. They will do whatever it takes to GET that money and unfortunately schemes like the OP's will not ultimately work. The government will insist that you pay them their protection money or you WILL go to jail for a long, long, long time. Tax evasion is really the only "crime" they take seriously. They'd release a serial pedophile and ax murderer faster than a tax evader. Quoting: mehitable Tell that to the 50 plus people I know who are currently getting refunds from with holding or paying no taxes on their incomes. Some have been doing it for 4 years. Its not a scheme and its not tax evasion. It called not having to pay a users fee for using a private corporations money, namely the fed. sk |
Anonymous Coward User ID: 169265 United States 10/18/2011 04:09 PM Report Abusive Post Report Copyright Violation | 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 bottom line is...until and unless the system is FUNDAMENTALLY changed (get rid of the Fed, for example), the government will insist on collecting taxes, whether it is legal, illegal, logical, or illogical...because they NEED the money to keep their Ponzi schemes going. They will do whatever it takes to GET that money and unfortunately schemes like the OP's will not ultimately work. The government will insist that you pay them their protection money or you WILL go to jail for a long, long, long time. Tax evasion is really the only "crime" they take seriously. They'd release a serial pedophile and ax murderer faster than a tax evader. Quoting: mehitable Tell that to the 50 plus people I know who are currently getting refunds from with holding or paying no taxes on their incomes. Some have been doing it for 4 years. Its not a scheme and its not tax evasion. It called not having to pay a users fee for using a private corporations money, namely the fed. sk |
seeker2 User ID: 3360484 Thailand 10/18/2011 10:52 PM Report Abusive Post Report Copyright Violation | 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 bottom line is...until and unless the system is FUNDAMENTALLY changed (get rid of the Fed, for example), the government will insist on collecting taxes, whether it is legal, illegal, logical, or illogical...because they NEED the money to keep their Ponzi schemes going. They will do whatever it takes to GET that money and unfortunately schemes like the OP's will not ultimately work. The government will insist that you pay them their protection money or you WILL go to jail for a long, long, long time. Tax evasion is really the only "crime" they take seriously. They'd release a serial pedophile and ax murderer faster than a tax evader. Quoting: mehitable Tell that to the 50 plus people I know who are currently getting refunds from with holding or paying no taxes on their incomes. Some have been doing it for 4 years. Its not a scheme and its not tax evasion. It called not having to pay a users fee for using a private corporations money, namely the fed. sk Yes, I have many friends currently doing this, with no problems. sk |
708 User ID: 692708 United States 10/18/2011 11:05 PM Report Abusive Post Report Copyright Violation | 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 bottom line is...until and unless the system is FUNDAMENTALLY changed (get rid of the Fed, for example), the government will insist on collecting taxes, whether it is legal, illegal, logical, or illogical...because they NEED the money to keep their Ponzi schemes going. They will do whatever it takes to GET that money and unfortunately schemes like the OP's will not ultimately work. The government will insist that you pay them their protection money or you WILL go to jail for a long, long, long time. Tax evasion is really the only "crime" they take seriously. They'd release a serial pedophile and ax murderer faster than a tax evader. Quoting: mehitable Tell that to the 50 plus people I know who are currently getting refunds from with holding or paying no taxes on their incomes. Some have been doing it for 4 years. Its not a scheme and its not tax evasion. It called not having to pay a users fee for using a private corporations money, namely the fed. sk Yes, I have many friends currently doing this, with no problems. sk I know of people doing this as well. I for one, never filed for a return of the "taxes" I actually paid after redeeming lawful money. It was already gone and I had no desire to get it. I stopped filing a tax return after that year (3 years ago). I still encourage people if they choose to do so, file and pay or get your refund after redeeming lawful money. I assure you, the IRS will still take your money (even if they cannot fractionalize a lawful money payment). Of course, demand lawful money and restrict your endorsement on the returns and the payment or deposit of any return or payment. This is not a Tax scam, the thread has more than enough proof of that, obey the law and there is nothing they can do, well, there is, but criminals are a fact of life in government or the street. Are you really that afraid of either? If so, obeying the law or not will not protect you. Good to see you all. 708 |
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calin User ID: 1651600 United States 10/23/2011 01:06 PM Report Abusive Post Report Copyright Violation | Re: Pay No Taxes legally -End the FED -synopsis page 8-Why are waiting for someone to do it for us like Ron paul Come home and visit - ok? .............................. When you judge another, you do not define them, you define yourself. .................................. THE SECOND AGREEMENT: "Don't take anything personally. When you are immune to the opinions and actions of others, you won't be the victim of needless suffering." ~ Don Miguel Ruiz, The Four Agreements |
Anonymous Coward User ID: 794598 United States 10/23/2011 03:56 PM Report Abusive Post Report Copyright Violation | |
seeker2 User ID: 3798615 Thailand 10/24/2011 10:57 AM Report Abusive Post Report Copyright Violation | Re: Pay No Taxes legally -End the FED -synopsis page 8-Why are waiting for someone to do it for us like Ron paul Here is a great video that probably should have its own thread, for anyone interested in getting a clear title to their property, that gives them sovereign right to it. Rken [link to www.youtube.com] Last Edited by seeker2 on 10/24/2011 11:41 AM |
seeker2 User ID: 1493662 Thailand 10/24/2011 11:42 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 1589648 United States 10/25/2011 01:03 PM Report Abusive Post Report Copyright Violation | Re: Pay No Taxes legally -End the FED -synopsis page 8-Why are waiting for someone to do it for us like Ron paul hey 708... check out this piece about the gold standard and new 100 dollar bill. explanation of the dual aspect of the FRN is exactly what you have been saying. Only question is what is served by doing this [link to www.roadtoroota.com] dpn't know what road to roota means, but interesting anyway |
Anonymous Coward User ID: 4023866 United States 10/25/2011 07:38 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 2524798 United States 10/26/2011 03:26 PM Report Abusive Post Report Copyright Violation | Re: Pay No Taxes legally -End the FED -synopsis page 8-Why are waiting for someone to do it for us like Ron paul Here is a great video that probably should have its own thread, for anyone interested in getting a clear title to their property, that gives them sovereign right to it. Rken Quoting: seeker2 [link to www.youtube.com] Thanks for sharing |
C74R1TY-44 User ID: 3595419 United States 10/31/2011 06:15 AM Report Abusive Post Report Copyright Violation | 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 storm is closing in to begin again from the beginning. Never sitting through my waking life oblivious. The ignorance running rampant through the city is indicative of something worse; this picture isn't pretty. |
C74R1TY-44 User ID: 3595419 United States 10/31/2011 06:16 AM Report Abusive Post Report Copyright Violation | 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 storm is closing in to begin again from the beginning. Never sitting through my waking life oblivious. The ignorance running rampant through the city is indicative of something worse; this picture isn't pretty. |
0ption8 User ID: 4353106 Australia 10/31/2011 06:34 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 4086366 United States 10/31/2011 07:36 AM Report Abusive Post Report Copyright Violation | Re: Pay No Taxes legally -End the FED -synopsis page 8-Why are waiting for someone to do it for us like Ron paul In short, the TAXABLE EVENT is your signature on any deposit. Quoting: Anonymous Coward 692708 When you restrict your signature, you do not give a blanket approval to the Federal Reserve Bank to steal from you. You do not need to tell the bank or anyone else what you are doing, I have done this in banks all over the States, most will give you no problems, if they try, request, in writing, they contact their legal department. You will have no issues after that phone call is made, that has been the result in the past for everyone who has done it. Credit unions also. NOT TRUE! A "taxable event" is a transaction wherein you receive something of value from a "taxable source", otherwise the transaction is from an "exempt" source. But the code was writting so that J6P can distinguish between "items" and "sources". Goes back to Bill Clinton's question, "What is 'is'?" In law, words rarely mean what J6P thinks they mean. |
Anonymous Coward User ID: 4592965 United States 11/03/2011 11:47 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 4329078 United States 11/05/2011 02:29 PM Report Abusive Post Report Copyright Violation | Re: Pay No Taxes legally -End the FED -synopsis page 8-Why are waiting for someone to do it for us like Ron paul hey 708... Quoting: Anonymous Coward 1589648 check out this piece about the gold standard and new 100 dollar bill. explanation of the dual aspect of the FRN is exactly what you have been saying. Only question is what is served by doing this [link to www.roadtoroota.com] dpn't know what road to roota means, but interesting anyway It should be noted that in doing research, I cam across this claim: Reportedly, notes and other paper money/negotiable bank or security instruments are given a gold foil star when they enter into the currency trade market. Attaching some sort of actual gold or lawful money (like a postage stamp) to create a real value on the paper. Great find! |
Anonymous Coward User ID: 4329078 United States 11/05/2011 02:41 PM Report Abusive Post Report Copyright Violation | Re: Pay No Taxes legally -End the FED -synopsis page 8-Why are waiting for someone to do it for us like Ron paul In short, the TAXABLE EVENT is your signature on any deposit. Quoting: Anonymous Coward 692708 When you restrict your signature, you do not give a blanket approval to the Federal Reserve Bank to steal from you. You do not need to tell the bank or anyone else what you are doing, I have done this in banks all over the States, most will give you no problems, if they try, request, in writing, they contact their legal department. You will have no issues after that phone call is made, that has been the result in the past for everyone who has done it. Credit unions also. NOT TRUE! A "taxable event" is a transaction wherein you receive something of value from a "taxable source", otherwise the transaction is from an "exempt" source. But the code was writting so that J6P can distinguish between "items" and "sources". Goes back to Bill Clinton's question, "What is 'is'?" In law, words rarely mean what J6P thinks they mean. The taxable source issue has already been covered in the thread. The 300 million in Gold coins seized in 1933 are the "source" (non taxable) for the US Notes on the right side of the face of the current issued FRN's. You will notice a signature on each note. Until and unless you restrict your endorsement to the US Treasury note on the right side and add your witness to it as lawful money, you are PRESUMED to be endorsing the Federal Reserve left side of the note and its SOURCE, the private credit of the Federal reserve which is taxable. The event of endorsement is how you prove the source of your currency and if it is taxable or not. Even if US Notes are taxable, the non-endorsement keeps the liability to pay that tax to the issuer (source) the US Treasury, not the ende user (me, the living man). |
Anonymous Coward User ID: 4612120 Spain 11/05/2011 03:57 PM Report Abusive Post Report Copyright Violation | Re: Pay No Taxes legally -End the FED -synopsis page 8-Why are waiting for someone to do it for us like Ron paul So if this is true every American needs to start doing this. Viral. Nationwide. Scream off rooftops etc. On another note: is there any other country or countries where this is more or less applicable? (The non-endorsement). As i understand it banks in Europe are using a form of Fractional Reserve Banking as well, so what can Europeans do? Any info appreciated, this is a monumental thread for info OP, thanks. |
seeker2 User ID: 4618590 Thailand 11/06/2011 02:46 AM Report Abusive Post Report Copyright Violation | Re: Pay No Taxes legally -End the FED -synopsis page 8-Why are waiting for someone to do it for us like Ron paul So if this is true every American needs to start doing this. Viral. Nationwide. Scream off rooftops etc. On another note: is there any other country or countries where this is more or less applicable? (The non-endorsement). As i understand it banks in Europe are using a form of Fractional Reserve Banking as well, so what can Europeans do? Any info appreciated, this is a monumental thread for info OP, thanks. I have not heard of other doing this in other countries, but it would take researching the laws to be able to affirm or not affirm there ability to redeem lawful money. I would imagine that if looked for it can be found with any fiat system. sk. (Name changed) |
Anonymous Coward User ID: 4919783 Spain 11/09/2011 04:08 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 4919783 Spain 11/09/2011 04:10 AM Report Abusive Post Report Copyright Violation | 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 have not heard of other doing this in other countries, but it would take researching the laws to be able to affirm or not affirm there ability to redeem lawful money. Quoting: seeker2 I would imagine that if looked for it can be found with any fiat system. sk. (Name changed) I will, thanks OP. This is the most elegant method to date to stop the fraction reserve system and the misery attached to it. |
C74R1TY-44 User ID: 5019341 United States 11/09/2011 09:09 AM Report Abusive Post Report Copyright Violation | 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 storm is closing in to begin again from the beginning. Never sitting through my waking life oblivious. The ignorance running rampant through the city is indicative of something worse; this picture isn't pretty. |
seeker2 User ID: 5072042 Thailand 11/10/2011 02:01 AM Report Abusive Post Report Copyright Violation | 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 have not heard of other doing this in other countries, but it would take researching the laws to be able to affirm or not affirm there ability to redeem lawful money. Quoting: seeker2 I would imagine that if looked for it can be found with any fiat system. sk. (Name changed) I will, thanks OP. This is the most elegant method to date to stop the fraction reserve system and the misery attached to it. Yes I would have to agree. They have us playing their game voluntarily. all we need do, is stop voluntering by redeeming FRN's for lawful money. sk |