Or you could just honor your obligations and pay back what you borrowed.

Golly, that's a crazy thought.

Or you could just honor your obligations and pay back what you borrowed.

When FDR abrogated the gold standard, Congress passed HJR 192.

This Resolution gave the people a remedy for there being no money.

Even though that Resolution has been repealed, they still must offer the remedy. This is found in Chap 48, 48 Stat, 112.

The link tells the whole story.

BTW, this remedy does not pay for loans, only debt obligations such as federal income taxes, state income taxes and so on. It will not buy you a new car either. ;)

I doubt that it will cut the mustard on local property tax assessments.

Nope. They have you over the barrel on that one. If you do not pay property taxes they will put your property up for sale on the court house steps. Whoever wins the bid owns the property. ;)

Or you could just honor your obligations and pay back what you borrowed.

Did You Really Get a Loan?

"...while citizens of this nation unknowingly steal one from another, the creators of these monetary instruments are the greatest of thieves. The Federal Reserve Banks and all the private commercial banks of this nation are the creators of Federal Reserve Notes and bank demand deposits. These institutions obtain whatever real resources, wealth and labor they need or desire merely by printing on paper and issuing credit. These institutions truly acquire everything they need or desire, such as bank buildings, employee labor, farmlands or factories, for nothing but the cost of printing.

Another serious defect of our currency system consists of the fact that the supply of this purported currency can be manipulated at will by the Federal Reserve System. By purchasing government bonds, the Federal Open Market Committee can expand the credit supply; by selling bonds, it can contract that supply. By the Federal Reserve Board decreasing bank reserve requirements, private banks can increase deposits; the inverse works for an increase in the reserve requirement ratio. The American people have absolutely no control over the volume of currency and credit in circulation. When the currency supply is deliberately and intentionally decreased by this manipulation, innocent victims are created who cannot repay loans; this results in loss of property through foreclosure.

Banks simply extend credit when loans are made. The "currency" for which these and all others loans in America can be redeemed is known as the Federal Reserve Note ("FRN").

The reserves held by Federal Reserve Banks have been admitted by the government in its work titled A Primer on Money to be "backed" by nothing:

Banks are prohibited by law from loaning their credit; see Citizens' Nat. Bank of Cameron v. Good Roads Gravel Co., 236 S.W. 153, 161 (Texas App. 1922); National Bank of Commerce of Kansas City v. Atkinson, 55 F. 465, 471 (D.Kan. 1893); Bowen v. Needles Nat. Bank, 94 F. 925, 927 (9th Cir. 1899); Merchants' Bank of Valdosta v. Baird, 160 F. 642, 645 (8th Cir. 1908); First Nat. Bank of Tallapoosa v. Monroe, 69 S.E. 1123, 1124 (Ga. 1911); American Express Co. v. Citizens' State Bank, 194 N.W. 427, 429 (Wis. 1923); Howard & Foster Co. v. Citizens' Nat. Bank of Union, 130 S.E. 758, 759 (S.C. 1925); Farmers' & Miners' Bank v. Bluefield Nat. Bank, 11 F.2d 83, 85 (4th Cir. 1926); Best v. State Bank of Bruce, 221 N.W. 379, 380 (Wis. 1928); Norton Grocery Co. v. People's Nat. Bank of Abingdon, 144 S.E. 501, 503 (Va.App. 1928); Federal Intermediate Credit Bank v. L'Herisson, 33 F.2d 841 (8th Cir. 1929); First Nat. Bank of Amarillo v. Slaton Ind. School Dist., 58 S.W.2d 870, 875 (Texas App. 1933); and Ferguson v. Five Points National Bank of Miami, 187 So.2d 45, 47 (Fla. App. 1966).

Thomas Jefferson once said: "If the American people ever allow private banks to control the issue of their money, first by inflation and then by deflation, the banks and corporations that will grow up around them will deprive the people of their property until their children will wake up homeless on the continent their fathers conquered."

We the people want to know why Congress has forced us to borrow our own money into circulation at interest with United States bonded indebtedness? We believe as did President Lincoln, that if a nation can issue a $5 bond, it can issue a $5 bill.

We the people gave no authority to the Federal Reserve Bank to coin or create the nations money. We delegated that power to Congress.

Even if Congress should feel incompetent to manage the nation's money, it has no power to delegate nor to relinquish that authority.

The Supreme Court has held some of the powers of Congress to be delegatable, but no power strictly legislative in nature Panama Ref. Co. v. Ryan, 293 US 388, 79 L.Ed. 446. Even where the power was held to be delegatable, Congress was required to lay a policy and to set up a standard. Avent v. U.S., 266 US 127; Central Securities Corp. v. U.S., 287 US 12; U.S. v. Chemical Foundations Inc., 271 US 1.

In the statute creating the Federal Reserve System, and in its subsequent amendments, there appears no stated limitation on the powers and authority of this corporation....."

http://www.discharge-debt.com/id112.htm

Ponzi Scheme

"...Ladies and gentlemen, the only difference between Federal Reserve Notes and Monopoly Money is, we accept their counterfeit "fiat" money as being legal tender and won't accept Parker Brother's. As the Federal Reserve stated in their book "The Hats The Federal Reserve Wears", "Nearly a hundred trillion dollars are transferred over the Fedwire network yearly . . . Faith in the strength, soundness, and stability of the American economy is the real backing of our [counterfeit] money." As for me, I would rather put my faith in Parker Brothers, they don't charge interest...."

http://www.maxexchange.com/ybj/chapter3.htm

AS WE SLEPT

"For ever since the fathers fell asleep, all continues just as it was from the beginning of creation." (1 Peter 3:4)

While we were sleeping somebody stole America.

What if you were to wake up one morning to that headline in your morning paper? Well, it's time to WAKE-UP AMERICA, because as we slept, someone has stolen America. The thieves have dismantled our Constitution, eroded our rights and liberties and destroyed our economy.

WAKE-UP AMERICA AND LOOK AROUND YOU! What do you see? Our banks and savings and loans are failing, while you, the taxpayers are held responsible for the bail- out. Real estate foreclosures are at an all time high. American farmers are loosing their land and the bread-basket of the world is being transferred to foreign interests. Our factories and steel mills are closing and unemployment continues climbing to unprecedented numbers. Giant companies like IBM, AT&T, XEROX, Hughes Aircraft, Boeing, G.M. and Ford Motor Co. etc. are laying-off more and more American workers. American jobs are being transferred to foreign countries under the GATT & NAFTA (North American Free Trade Agreement). Business failures are skyrocketing. Our streets are filling up with homeless men, women and children. Taxes continue to rise, while government services decrease. The national debt has exceeded $15 trillion with no end in sight. Americans have become indentured servants! Wars and rumors of wars have reached the four corners of the earth. Our freedoms and liberties are being bartered for a dole. Our Constitution is ignored as it sits on a shelf collecting dust. Corruption has reached every facet of government. The judicial system that is supposed to protect our Inalienable Rights has failed us. Our sovereignty is being taken away in the name of "NEW WORLD ORDER". Our nation fears its own government and the people are saying, "There is nothing I can do about it." America was once a proud, free, and prosperous nation and now, we are the world's largest debtor nation . . . and the worst is yet to come. Economic collapse knocks at our door.

Thomas Jefferson, declared, "If the American people ever allow private banks to control the issue of their money, first by inflation and then by deflation, the banks and corporations that will grow up around them, will deprive the people of their property until their children will wake up homeless on the continent their fathers conquered."

Did Jefferson have a crystal ball when he spoke these words? Has a private bank taken control over our nation's money supply?

The following is a conversation with Mr. Ron Supinski of the Public Information Department of the San Francisco, Federal Reserve Bank. This is an account of that conversation reconstructed to the best of my ability from notes taken during the conversation on October 8, 1992.

CALLER - Mr. Supinski, does my country own the Federal Reserve System?

MR. SUPINSKI - We are an agency of the government.

CALLER - That's not my question. Is it owned by my country?

MR. SUPINSKI - It is an agency of the government created by congress.

CALLER - Is the Federal Reserve a Corporation?

MR. SUPINSKI - Yes

CALLER - Does my government own any of the stock in the Federal Reserve?

MR. SUPINSKI - No, it is owned by the member banks.

CALLER - Are the member banks private corporations?

MR. SUPINSKI - Yes

CALLER - Are Federal Reserve Notes backed by anything?

MR. SUPINSKI -Yes, by the assets of the Federal Reserve but, primarily by the power of congress to lay tax on the people.

CALLER - Did you say, by the power to collect taxes is what backs Federal Reserve Notes?

MR. SUPINSKI - Yes

CALLER - What are the total assets of the Federal Reserve?

MR. SUPINSKI - The San Francisco Bank has $36 Billion in assets.

CALLER - What are these assets comprised of?

MR. SUPINSKI - Gold, the Federal Reserve Bank itself and government securities.

CALLER - What value does the Federal Reserve Bank carry gold per oz. on their books?

MR. SUPINSKI - I don't have that information but the San Francisco Bank has $1.6 billion in gold.

CALLER - Are you saying the Federal Reserve Bank of San Francisco has $1.6 billion in gold, the bank itself and the balance of the assets is government securities?

MR. SUPINSKI - Yes.

CALLER - Where does the Federal Reserve get Federal Reserve Notes from?

MR. SUPINSKI - They are authorized by the Treasury.

CALLER - How much does the Federal Reserve pay for a $10 Federal Reserve Note?

MR. SUPINSKI - Fifty to seventy cents.

CALLER - How much do they pay for a $100.00 Federal Reserve Note?

MR. SUPINSKI - The same fifty to seventy cents.

CALLER - To pay only fifty cents for a $100.00 is a tremendous gain, isn't it?

MR. SUPINSKI - Yes

CALLER - According to the U.S. Treasury, the Federal Reserve pays $20.60 per 1,000 denomination or a little over two cents for a $100.00 bill, is that correct?

MR. SUPINSKI - That is probably close.

CALLER - Doesn't the Federal Reserve use the Federal Reserve Notes that cost about two cents each to purchase U.S. Bonds from the government?

MR. SUPINSKI - Yes, but there is more to it than that.

CALLER - Basically, that is what happens?

MR. SUPINSKI - Yes, basically you are correct.

CALLER - How many Federal Reserve Notes are in circulation?

MR. SUPINSKI - $263 billion and we can only account for a small percentage.

CALLER - Where did they go?

MR. SUPINSKI - Peoples mattress, buried in their back yards and illegal drug money.

CALLER - Since the debt is payable in Federal Reserve Notes, how can the $4 trillion national debt be paid-off with the total Federal Reserve Notes in circulation?

MR. SUPINSKI - I don't know.

CALLER - If the Federal Government would collect every Federal Reserve Note in circulation would it be mathematically possible to pay the $4 trillion national debt?

MR. SUPINSKI - No

CALLER - Am I correct when I say, $1 deposited in a member bank $8 can be lent out through Fractional Reserve Policy?

MR. SUPINSKI - About $7.

CALLER - Correct me if I am wrong but, $7 of additional Federal Reserve Notes were never put in circulation. But, for lack of better words were "created out of thin air " in the form of credits and the two cents per denomination were not paid either. In other words, the Federal Reserve Notes were not physically printed but, in reality were created by a journal entry and lent at interest. Is that correct?

MR. SUPINSKI - Yes

CALLER - Is that the reason there are only $263 billion Federal Reserve Notes in circulation?

MR. SUPINSKI - That is part of the reason.

CALLER - Am I mistaking that when the Federal Reserve Act was passed (on Christmas Eve) in 1913, it transferred the power to coin and issue our nations money and to regulate the value thereof from Congress to a Private corporation. And my country now borrows what should be our own money from the Federal Reserve (a private corporation) plus interest. Is that correct and the debt can never be paid off under the current money system of country?

MR. SUPINSKI - Basically, yes.

CALLER - I smell a rat, do you?

MR. SUPINSKI - I am sorry, I can't answer that, I work here.

CALLER - Has the Federal Reserve ever been independently audited?

MR. SUPINSKI - We are audited.

CALLER - Why is there a current House Resolution 1486 calling for a complete audit of the Federal Reserve by the G.A.O. and why is the Federal Reserve resisting?

MR. SUPINSKI - I don't know.

CALLER - Does the Federal Reserve regulate the value of Federal Reserve Notes and interest rates?

MR. SUPINSKI - Yes

CALLER - Explain how the Federal Reserve System can be Constitutional if, only the Congress of the U.S., which comprises of the Senate and the House of Representatives has the power to coin and issue our money supply and regulate the value thereof? [Article 1 Section 1 and Section 8] Nowhere, in the Constitution does it give Congress the power or authority to transfer any powers granted under the Constitution to a private corporation or, does it?

MR. SUPINSKI - I am not an expert on constitutional law. I can refer you to our legal department.

CALLER - I can tell you I have read the Constitution. It does NOT provide that any power granted can be transferred to a private corporation. Doesn't it specifically state, all other powers not granted are reserved to the States and to the citizens? Does that mean to a private corporation?

MR. SUPINSKI - I don't think so, but we were created by Congress.

CALLER - Would you agree it is our country and it should be our money as provided by our Constitution?

MR. SUPINSKI - I understand what you are saying.

CALLER - Why should we borrow our own money from a private consortium of bankers? Isn't this why we had a revolution, created a separate sovereign nation and a Bill of Rights?

MR. SUPINSKI - (Declined to answer).

CALLER - Has the Federal Reserve ever been declared constitutional by the Supreme Court?

MR. SUPINSKI - I believe there has been court cases on the matter.

CALLER - Have they been Supreme Court Cases?

MR. SUPINSKI - I think so, but I am not sure.

CALLER - Didn't the Supreme Court declare unanimously in A.L.A. Schechter Poultry Corp. vs. U.S. and Carter vs. Carter Coal Co. the corporative-state arrangement an unconstitutional delegation of legislative power? ["The power conferred is the power to regulate. This is legislative delegation in its most obnoxious form; for it is not even delegation to an official or an official body, presumptively disinterested, but to private persons." Carter vs. Carter Coal Co.]

MR. SUPINSKI - I don't know, I can refer you to our legal department.

CALLER - Isn't the current money system a house of cards that must fall because, the debt can mathematically never be paid-off?

MR. SUPINSKI - It appears that way. I can tell you have been looking into this matter and are very knowledgeable. However, we do have a solution.

CALLER - What is the solution?

MR. SUPINSKI - The Debit Card.

CALLER - Do you mean under the E.F.T. Act (Electronic Funds Transfer)? Isn't that very frightening, when one considers the capabilities of computers? It would provide the government and all it's agencies, including the Federal Reserve such information as: You went to the gas station @ 2:30 and bought $10.00 of unleaded gas @ $1.41 per gallon and then you went to the grocery store @ 2:58 and bought bread, lunch meat and milk for $12.32 and then went to the drug store @ 3:30 and bought cold medicine for $5.62. In other words, they would know where we go, when we went, how much we paid, how much the merchant paid and how much profit he made. Under the E.F.T. they will literally know everything about us. Isn't that kind of scary?

MR. SUPINSKI - Yes, it makes you wonder.

CALLER - I smell a GIANT RAT that has overthrown my constitution. Aren't we paying tribute in the form of income taxes to a consortium of private bankers?

MR. SUPINSKI - I can't call it tribute, it is interest.

CALLER - Haven't all elected officials taken an oath of office to preserve and defend the Constitution from enemies both foreign and domestic? Isn't the Federal Reserve a domestic enemy?

MR. SUPINSKI - I can't say that.

CALLER - Our elected officials and members of the Federal Reserve are guilty of aiding and abetting the overthrowing of my Constitution and that is treason. Isn't the punishment of treason death?

MR. SUPINSKI - I believe so.

CALLER - Thank you for your time and information and if I may say so, I think you should take the necessary steps to protect you and your family and withdraw your money from the banks before the collapse, I am.

MR. SUPINSKI - It doesn't look good.

CALLER - May God have mercy on the souls who are behind this unconstitutional and criminal act called the Federal Reserve. When the ALMIGHTY MASS awakens to this giant hoax, they will not take it with a grain of salt. It has been a pleasure talking to you and I thank you for your time. I hope you will take my advice before it does collapse.

MR. SUPINSKI - Unfortunately, it does not look good.

CALLER - Have a good day and thanks for your time.

MR. SUPINSKI - Thanks for calling.

If the reader has any doubts to the validity of this conversation, call your nearest Federal Reserve Bank, YOU KNOW THE QUESTIONS TO ASK! You won't find them listed under the Federal Government. They are in the white pages, along with Federal Express, Federal Deposit Insurance Corp. (FDIC), and any other business. Find out for yourself if all this is true. And then, go to your local law library and look up the case of Lewis vs. U.S., case #80-5905, 9th Circuit, June 24, 1982. It reads in part: "Examining the organization and function of the Federal Reserve Banks and applying the relevant factors, we conclude that the federal reserve are NOT federal instrumentalities . . . but are independent and privately owned and controlled corporations . . . federal reserve banks are listed neither as `wholly owned' government corporations [under 31 U.S.C. Section 846] nor as 'mixed ownership' corporations [under 31 U.S.C. Section 856] . . .

28 U.S.C. Sections 1346(b), 2671. `Federal agency' is defined as: the executive departments, the military departments, independent establishments of the United States, and corporations acting primarily as instrumentalities of the United States, but does not include any contractors with the United States . . .

There are no sharp criteria for determining whether an entity is a federal agency within the meaning of the Act, but the critical factor is the existence of the federal government control over the `detailed physical performance' and `day to day operations' of that entity. Other factors courts have considered include whether the entity is an independent corporation . . . whether the government is involved in the entity's finances, . . . and whether the mission of the entity furthers the policy of the United States . . . Examining the organization and function of the Federal Reserve Banks, and applying the relevant factors, we conclude that the Reserve Banks are not federal instrumentalities . . .

It is evident from the legislative history of the Federal Reserve Act that Congress did not intend to give the federal government direction over the daily operation of the Reserve Banks . . .

The fact that the Federal Reserve Board regulates the Reserve Banks does not make them federal agencies under the Act . . . Unlike typical federal agencies, each bank is empowered to hire and fire employees at will. Bank employees do not participate in the Civil Service Retirement System. They are covered by worker's compensation insurance, purchased by the Bank, rather than the Federal Employees Compensation Act. Employees traveling on Bank business are not subject to federal travel regulations and do not receive government employee discounts on lodging and services . . .

Finally, the Banks are empowered to sue and be sued in their own name. 12 U.S.C. Section 341. They carry their own liability insurance and typically process and handle their own claims . . ."

According to the Federal Reserve Bank of Philadelphia, "When the Federal Reserve was created, its stock was sold to the member banks." ("The Hats The Federal Reserve Wears", published by the Federal Reserve Bank of Philadelphia)

The original Stock-holders of the Federal Reserve Banks in 1913 were the Rockefeller's, J.P. Morgan, Rothschild's, Lazard Freres, Schoellkopf, Kuhn- Loeb, Warburgs, Lehman Brothers and Goldman Sachs.

The MONEY-CHANGERS wanted to be insured they had a monopoly over our money supply, so Congress passed into law Title 12, Section 284 of the United States Code. Section 284 specifically states, "NO STOCK ALLOWED TO THE U.S."

* Monopoly - "A privilege or peculiar advantage vested in one or more persons or companies, consisting in the exclusive right (or power) to carry on a particular business or trade, manufacture a particular article, or control the sale of the whole supply of a particular commodity, A form of market structure in which only a few firms dominate the total sales of a product or service.

`Monopoly', as prohibited by Section 2 of the Sherman Antitrust Act, has two elements: possession of a monopoly power in relevant market and willful acquisition or maintenance of that power, as distinguished from growth or development as a consequence of a superior power, business acumen, or historical product. A monopoly condemned by the Sherman Act is the power to fix prices, or exclude competition, coupled with policies designed to use and preserve that power." (Black's Law Dictionary, 6th Edition)

The Federal Reserve Act goes one step farther, "No Senator or Representative in Congress shall be a member of the Federal Reserve Board or an officer or director of a Federal Reserve Bank." They didn't want We The People to have any say in the operation of their monopoly through our elected officials.

http://www.maxexchange.com/ybj/chapter_1.htm

Or you could just honor your obligations and pay back what you borrowed.

When FDR abrogated the gold standard, Congress passed HJR 192.

This Resolution gave the people a remedy for there being no money.

Even though that Resolution has been repealed, they still must offer the remedy. This is found in Chap 48, 48 Stat, 112.

The link tells the whole story.

BTW, this remedy does not pay for loans, only debt obligations such as federal income taxes, state income taxes and so on. It will not buy you a new car either. ;)

"Was HJR-192 repealed?"

"Here is a great article on House Joint Resolution 192, which is nothing more than a resolution, and "Chap. 48, 48 Stat. 112" in the "Statutes at Large", which is Public Law. Bascially, the HJR-192 is not the remedy, however, "Chap. 48, 48 Stat. 112" is!..."

"...HJR-192 states, in part, that "Every provision contained in or made with respect to any obligation which purports to give the oblige a right to require payment in gold or a particular kind of coin or currency, or in any amount of money of the United States measured thereby, is declared to be against public policy, and no such provision shall be contained in or made with respect to any obligation hereafter incurred. Every obligation, heretofore or hereafter incurred, whether or not any such provisions is contained therein or made with respect thereto, shall be discharged upon payment, dollar for dollar, in any such coin or currency which at the time of payment is legal tender for public & private debts."

HJR-192 goes on to state: "As used in this resolution, the term 'obligation' means an obligation (including every obligation of and to the United States, excepting currency) payable in money of the United States; and the term 'coin or currency' means coin or currency of the United States, including Federal Reserve notes and circulating notes of Federal Reserve banks and national banking associations."

HJR-192 superseded Public Law (what passes as law today is only "color of law"), replacing it with public policy. This eliminated our ability to PAY our debts, allowing only for their DISCHARGE. When we use any commercial paper (checks, drafts, warrants, federal reserve notes, etc.) and accept it as money, we simply pass the unpaid debt attached to the paper on to others, by way of our purchases and transactions. This unpaid debt, under public policy, now carries a public liability for its collection. In other words, all debt is now public.

To answer your question, girlgye, as long as it is considered legitimate debt - and I think property is quite legitimate - it can be discharged They say HJR- 192 supersedes Public Policy/Law, but either way, the exact statements/explanations are found in either HJR-192 or their "Statutes at Large", which sounds like a better reference since it shows, by Law, the Federal Government's obligation to me ..."

https://forum.davidicke.com/showthread.php?t=91705 [2 pages]

I don't know. I'm just sayin'.

interesting looking site to be explored ~

www.themoneymasters.com/

Did you get money you hadn’t earned yet and buy shit?

I made a deposit at one of the banks in town. Then I took their debit card to Wal Mart and bought iTunes cards. The total was around $2,000.

Then the checks bounced. That woman at the bank was screaming at me, "You are going to pay all of this!"

A collection agency picked it up. My conservator wrote to them and told them, "Either file your claim with the Barton County Probate Court or drop it." They dropped it, but have 2 years they can bring it back under state law. I doubt they will since they would have to pay the lawyers to file the case. And we all know what crooks collection agencies are. They try to get off the cheapest way possible.

Wal Mart changed their policy too. Now only one iTunes card per customer.

Now that bank is gone and there is another there in its place. Banks change names like the wind. ROTFLOL

it hurts your soul when you do what you know you shouldn’t

But I am sure you see that the bank "accepted" the checks. This is the key and the commercial rules.

Someone sent me a Postal Money Order for almost $1,000 I went to the Post Office and they looked at it and said it looked real. But this is small post office and they do not do much business. They even looked it up and said it was not listed as stolen. The bank, however, refused to accept the money order. ;)

That's a piss-poor financial plan.