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

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

Thanks for the vids. rken

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.

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

Are you serious?

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

good info

Have you guys watched "The Season of Treason" from Kurt K?

There is a part II also, and I believe the whole thing is being redone so as to make a better presentation.

Search for "The Redemption Manual" 4.5 version

Come home and visit - ok?

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

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

fraud upon the clit

Thanks for sharing

this has been a great thread , glad its still going.

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.

bump for the morans

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!

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).

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)

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