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Final Table Champion 07

This article has been completely revised in light of our inability to confirm the reality of the notion that the US Treasury actually issues electronic credits in response to legitimate banking instruments used to access a Treasury UCC Contract Trust Account.
 
Discharge of public debts of Citizens of the American Republic by the US Treasury

Preface

It is well enough that the people of the nation do not understand our banking and monetary system for, if they did, I believe there would be a revolution before tomorrow morning.”
— Henry Ford

There is nothing superficial about the reasons why the U.S. Treasury is willing and legally obligated to discharge the public debt of American citizens.  See http://www.liferepatterning.com/US_secretly_secured_as_collateral_by_foreign_bankers.htm
 
Discharge of debts by the Treasury is anything but publicly acknowledged, however.  In fact,
as you will see, the government goes out of its way to give the impression that this obligation of the Treasury is merely a fantasy promoted by the deluded. 

Are you a debtor or a creditor within the legal setup of the UNITED STATES? 

One fact stands out as preeminent.  Everyone in this country who has not taken appropriate legal steps to change their standing within the system from a legal identity of a DEBTOR who owes the debt created by the fraudulent borrowings of the United States Corporation, to a CREDITOR who is owed that debt (by virtue of the unlawfulness of, and lack of consideration for the debt's creation), is a DEBTOR in the eyes of the current legal setup.  We have blindly walked into the United States democracy, thereby agreeing to be sureties for the debts of the United States.  For a sensitively written discussion titled "WHY THE UCC FILING?," see http://www.worldnewsstand.net/law/ucc-print.htm.

A quote from the above article:

"The 14th Amendment provided for a new class of citizens – United States citizens, that had not formerly been recognized. Until the 14th Amendment in 1868, there were no persons born or naturalized in the United States. They had all been born or naturalized in one of the several states. United States citizenship was a result of state citizenship. After the Civil War, a new class was recognized, and was the beginning of the democracy sited in the District of Columbia. The American people in the republic sited in the several states, could choose to benefit as one of these new United States citizens BY CHOICE. The new class of citizens was given the right to vote in the democracy in 1870 by the 15th Amendment. All it required was an application. Benefits came with this new citizenship, but with the benefits, came duties and responsibilities that were totally regulated by the legislature for the District of Columbia. Edward Mandell House is attributed with giving a very detailed outline of the plans to be implemented to enslave the American people. (1) The 13th Amendment in 1865 opened the way for the people to volunteer into slavery to accept the benefits offered by the United States.

"Whether House actually spoke the words or not , is really irrelevant because the scenario detailed in the statement attributed to him has clearly been implemented. Central banking for the United States was legislated with the Federal Reserve Act in 1913.  The ability to decrease the currency in circulation through taxation was legislated with the 16th Amendment in 1913. Support for the presumption that the American people had volunteered to participate in the United States democracy was legislated with the 17th Amendment in 1913.

A 14th Amendment citizen is obligated on a huge debt that he/she had no part in creating, and from which he/she does not benefit.  See http://www.taxtruthnews.com/textonly/08_27_02/08_27_02e.htm (alternative link: http://www.liferepatterning.com/Letter_Of_Sovereign_State_Citizenship.htm)

How can one become a CREDITOR who is OWED the debt?  Let us consider an analogy.  If you discovered that your family had been fraudulently induced to borrow a huge fortune (to make an investment let's say) that was promptly squandered by this inducer (because the investment was known by the inducer to be worthless), and that your family's wealth had thereby been stolen, you would have a cause of action against the defrauding party.  You, as a representative of your family, would be owed the wealth that had been thus stolen.  It is not different if you expand your conception of "family" to embrace the nation.  Our nation's wealth HAS been stolen by fraudulently induced borrowing of a corporation that did not represent the interests of We the People when this corporation colluded with bankers to create this corporation's incomprehensibly huge $6.8 trillion "national debt".  This debt
has continued to increase an average of $1.59 billion per day since September 30, 2002!  See Congressman McFadden's Speech On the Federal Reserve Corporation -- http://www.liferepatterning.com/Congressman_McFadden's_Speech_On_the_Federal_Reserve_Corporation.html.

For an interesting collection of links and extended discussion materials related to this subject, see http://www.perfecteconomy.com/index-links.html, http://www.xat.org/xat/index.html, http://www.xat.org/, http://www.xat.org/xat/history1.html, http://www.xat.org/xat/history2.html, http://www.xat.org/xat/history3.html, and http://users.netmatters.co.uk/startingout/xat/history2.html.

For a modern response to our government having departed from its original purpose, see http://www.startup-enterprises.com/doi2003.html -- The unanimous Declaration of Independence of the fifty united States of America. 

________________________________________________________________________________
 

Introduction: From here this document prints as about 26-29 pages.  In the next TWO PAGES, however, we undertake this challenge: to help you revise your paradigm/model-of-reality of this country, and of the legal aspects of the world you live in -- within this two page Introduction extending from here to End of Introduction

Discharge of Public Debts by the US Treasury for Citizens of the American Republic 

Hold on to your hat.
A bit of history severely compressed: 
The Revolutionary War was about money.  Specifically, it was about the requirement, imposed by the Crown upon the Colonies, to extract substance money from the Colonies, that taxes be paid in gold.  We lost that war.  The military aspect was a fight to a standoff.  British troops stepped onto their ships, undefeated, carrying their weapons.  From thenceforth British bankers took up the fight, in alliance with the international banking community. 

The efforts of the international bankers have resulted in three National Banks in this country; the first two Banks had their charters revoked after a 20 year trial period each, the latest goes under the incongruous name, The Federal Reserve.  The Fed is no more Federal than Federal Express, and until recently it had no reserves.

http://www.rense.com/ufo2/fedrez.htm, http://www.rense.com/politics6/fedres.htm, http://www.rense.com/politics5/cashtax_p.htm, and http://www.rense.com/politics4/jflandfed.htm <-- Executive Order 11110.

For a more thorough treatment of John F. Kennedy's June 4, 1963 Executive Order 11110 AMENDMENT OF EXECUTIVE ORDER NO. 10289 AS AMENDED, RELATING TO THE PERFORMANCE OF CERTAIN FUNCTIONS AFFECTING THE DEPARTMENT OF THE TREASURY, which was his attempt to give the government the ability to repay its debt without going to the Federal Reserve and being charged interest in order to create the new money, see http://www.john-f-kennedy.net/executiveorder11110.htm, www.LifeRepatterning.com/Kennedy_executive_order11110.htm or contact your Congressional representative to get a copy directly from them.

 
Andrew Jackson -- Why is he on Federal Reserve $20 Notes?  Jackson was the Foremost Presidential OPPONENT of imposition of a Central Bank in the United StatesPresident Andrew Jackson stated in reference to the bankers in a speech on the state of his administration: "You are a den of vipers and thieves.  I intend to rout you out, and by the Eternal God, I will rout you out."  Is the Fed thumbing its nose ("Gotcha!") at Andrew Jackson and the American public by putting Andrew Jackson's portrait on the most frequently used large bill? 

The US national debt, divided by the population, comes to a little more than $23,000.  To see how fast the National Debt is growing minute by minute repeatedly refresh the page linked here --> --> http://www.brillig.com/debt_clock/$23,000 is a figure that is far in excess of the average net worth of the first 40% of all Americans.  For all Americans average net worth was found by a Federal Reserve report excerpt on recent trends of wealth and ownership of American Families from 1980 through 1998 to be $79,000.  Thus the collateral interest of bankers and other holders of US obligations, considering just the national debt, is almost 1/3 of all private wealth in this country.  This is not an accident.  This is the intentional design of international bankers who put the Federal Reserve in place in 1913.  See article on Ownership of the Federal Reserve at http://land.netonecom.net/tlp/ref/federal_reserve.shtml, but for a contradictory article see http://www.usagold.com/FederalReserve.html20 years after the creation of the Fed, at the height of a Fed-induced Depression (See http://www.perfecteconomy.com/principal---federal-reserve-system.html), President Roosevelt declared bankruptcy, arguably on March 9, 1933 when he closed the banks.  This bankruptcy was codified at 12 U.S.C. 95a http://www4.law.cornell.edu/uscode/12/95.html

Shortly after the country was arguably bankrupted by closing the banks, the Gold Clause was abrogated by HJR 192, June 5, 1933  http://www.truthsetsusfree.com/HJR192.htm, and it was declared that debts payable in dollars were henceforth to be discharged (note the absence of any indication of Satisfaction) dollar for dollar by any currency in use in the US; the Constitutional commitment of the United States to back its currency in gold was thenceforth abrogated.  This means that the UNITED STATES OF AMERICA Corporation can now print money at will to pay for anything and everything it needs because absence of gold backing removes all limits on the issuance of currency.  This permits systematic price inflation and currency value erosion -- theft by titration.

Under existing arrangements between the U.S. Treasury and the Fed, currency of all kinds issued or permitted by the Treasury to circulate (known technically as M1, M2 & M3) needs to be borrowed at interest from our private national bank (the Fed).  It is claimed that profits from this collection of interest are largely paid back to the Treasury after a considerable time delay (during which time the money is available for who knows what).  There has NEVER been any audit-style accounting to the American people of the financial aspects of the Fed.  Therefore despite protests by defenders of the Fed to the effect that the Fed returns most of the interest paid by the Treasury, back to the Treasury, these assertions are unsupported by evidence of the total picture of the Fed's finances.  If the interest actually is largely returned, why is it collected?  This question is never addressed by defenders of the Fed.
 
The taxing power of the fraudulent U.S. corporation is used to extract substance from the American people to pay interest on a "floating debt" that has been designed to be completely unrepayable because the legal currency to repay the debt must be borrowed.  Analogy: You can not pay off your credit card using cash advances from the card.  The success of this scheme to drown the UNITED STATES corporation in debt is seen in the fact that a huge percentage, reportedly now as much as 100% of all tax revenues of this corporation now go to pay the INTEREST (only) on the National Debt. 

Fraudulent image:

The above image created by the Congressional Budget Office, on the web at http://www.cbo.gov/docimages/365001.gif, is a flat lie, so far as I can tell, in that it shows Income Taxes, Social Security Taxes and Other Taxes and Receipts split between Social Security Benefits, Medicare and Other Entitlements, Discretionary Spending and Interest on Debt.  In fact, according to President Ronald Reagan's Grace Commission and calculating the escalation in the national debt since that time, it is clear that 100% of taxes go to pay the Interest on the National Debt.  The funds to pay Social Security Benefits, Medicare and Other Entitlements and Discretionary Spending MUST ALL BE BORROWED! 

I believe it is also false that taxes go to the Treasury at all.  The reason for this belief is that I believe the IRS is an agency of the Federal Reserve, not the Treasury.  When you look at the top of any tax form it says Department of the Treasury---Internal Revenue Service.  My information is that this is the IRS Department of the Treasury in Puerto Rico, not the US Treasury in Washington, DC!  If all taxes go to pay interest on the debt, why would they go from the IRS Department of the Treasury in Puerto Rico, through the U.S. Treasury, and on to the Federal Reserve to pay the interest owed to the Fed.  This is a minor point, but it indicates the level of deception that appears to pervade everything to do with the finances of the UNITED STATES corporation.

President Ronald Reagan's Grace Commission reported in 1984 that every penny spent to run the government, for example to run the National Parks, invade Iraq etc., is borrowed printing press money.  http://www.uhuh.com/taxstuff/gracecom.htm  The Grace Commission report was was dated
January 12, 1984.  Today with the huge increase of debt incurred recently by the US corporation, it is certain that funds used to pay Social Security and other entitlement transfer payments are now borrowed as well.  We the People were conned through stealth and cunning to believe that WE are obligated by the borrowings of this fraudulent U.S. Corporation! 

HJR 192 enacted June 5, 1933 includes a provision that "... payments in gold or a particular kind of coin or currency, or in an amount in money of the United States measured thereby, is declared to be against public policy" and "Every obligation ... shall be discharged upon payment, dollar for dollar, in any ... coin or currency [including fiat currency having no substance or value] which at the time is legal tender for public and private debts."  

"Every obligation ... shall be discharged ..."   What does this mean?  It means that the debt remains and the obligation to tender currency is discharged.  The debt remains perpetual until PAID (in gold or something of real value).
 

As a result of HJR 192, and from that day forward (June 5, 1933), no one in this nation has been able to lawfully pay a debt or lawfully own anything. The only thing one can do is tender in transfer of debts, with the debt being perpetual. The suspension of the gold standard, and prohibition against paying debts removed the substance on which our common law previously operated, and created a void as far as the law is concerned.  Gold based substance was replaced with a "PUBLIC NATIONAL CREDIT SYSTEM" wherein debt, including Federal Reserve NOTES that are nothing but "I Owe You" debt instruments, is/are "LEGAL TENDER".  This means that in a very important sense there is no money.  When Congress passed the law in 1933 making Federal Reserve Notes "legal tender," they thereby transferred the power to coin and issue our nation's money from Congress to the Federal Reserve

We have been under martial law since the "national emergency" declared by President Lincoln. Under martial law, title is a mere fiction, since all property belongs to the military except for that property which the Commander-in-Chief may, in his benevolence, exempt from taxation and seizure and upon which he allows the "enemy" to reside.

HJR 192 was implemented immediately. The day after President Roosevelt signed the resolution, the treasury offered the public new government securities, minus the traditional "payable in gold" clause.  HJR 192 states that one cannot demand a certain form of currency that one wants to receive if the obligation is to be discharged dollar for dollar.

In case the point was not made clear before, the UNITED STATES corporation referred to above is what runs this country.  This is the Federal UNITED STATES.  It was created by Act of a Congress that could only have been bought and paid for when they created it in conjunction with the The District of Columbia Organic Act of 1871 that created a private corporation owned and operated by the actual government for the purpose of carrying out the business needs of the government under
martial law (Click on "martial law" link for a very illuminating historical outline).   All states in the Union were apparently reformed as franchisees or political subdivisions of the corporation known as the UNITED STATES, hence creating a new union of American STATES.  UNITED STATES CODE, Title 28, 3002(15)(A), basically reiterates that the UNITED STATES is a corporation.  What was not said in 1871, but was implicit, was what is plainly stated at Title 28, 3002(15)(B) & (C): That all departments of the UNITED STATES CORPORATION are part of the corporation.

The other united States is the Continental united States.  This is the country founded by the Declaration of Independence and the Constitution for the United States.

Where did the Congress find authority in the Constitution to reconstitute any part of the united States as a corporation?  To outward appearances this was done under the constitutional authority for Congress to pass any law within the ten mile square of Washington, District of Columbia.  Arguably, the 1791 Constitution was set aside to make room for the corporation.  Did this Act benefit the Republic?  No.  Corporate, private bottom line is profit. The municipal, public bottom line is service. To replace our service-oriented form of government with a profit-oriented government without our knowledge or consent can only be described as treason.

Through registration of our Birth Certificates at the Department of Commerce as registrable securities (today  State and Local offices simply transmit the data) and through taxation under the rubric of Income Tax and FICA for Social Security and Medicare, all Americans have been, and all "income" in the United States has been involuntarily pledged for repayment of the debt of the fraudulent UNITED STATES corporation.  Under the rubric of Estate Taxes all property has been similarly pledged -- all without consideration flowing to We the People because the taxes do not go to run the country.  See the Grace Commission report:
http://www.uhuh.com/taxstuff/gracecom.htm

End of Introduction

As a result of HJR 192, it is against Congressional and public policy for you to "pay" your debts!  You can only discharge them!  Removal of Americans' ability to pay their obligations places all Americans technically in a situation analogous to the negotiable instruments law concept of "Dishonor".   See
§ 3-502.(a)(1) DISHONOR.  (See http://www.liferepatterning.com/DISHONOR_of_a_negotiable_instrument.htm.  Being in dishonor with respect to an obligation to pay for something you purchase, because you do not pay for it with substance currency, means that you do not lawfully own it even after your purchase obligation has been discharged by tender of fiat currency because you gave nothing of value. 

This imposed condition of dishonor gives rise to the obligation accepted by the Treasurer of the United States as Trustee in bankruptcy for the US corporation (an obligation accepted as well by the Governor of every State as the State's Trustee in Bankruptcy for the same US corporation) to compensate Americans for this theft of their lawful money and of their ability to PAY debts (and thereby lawfully own anything).  The obligation accepted by the Treasurer is to discharge Americans' unpayable public debts through issuance of bookkeeping credits, even though these credits represent nothing of substance.  These credits do, however, discharge the debt under the "PUBLIC NATIONAL CREDIT SYSTEM". 

As a result of my investigations, I now believe the US Treasury HONORS this obligation in practice every day for those (mostly "insiders") who obtain a Personal Treasury UCC Contract Trust Account, set up to discharge personal debts owed to public entities.  Who can apply?  -- Anyone with a SSN#.  However, one must gain standing to apply by legally distinguishing oneself from the status of "US Person," "individual," and other terms that designate a "person" obligated to pay interest on the US National Debt (by paying taxes).  We have discovered how to legally establish this requisite standing to apply for the Account as well as how to apply for the account itself.  Successfully apply?  Stay tuned.
 
As with any understanding that exposes the deception gluing together the status quo, there is plenty of disinformation around.  The Arizona Republic published a general article on this subject on Oct. 26 titled "Mortgage-nullifying plans are scams"

 
http://www.azcentral.com/arizonarepublic/local/articles/1027action27.html. In this article it references a letter circulated to banks by the U.S. Office of the Comptroller of the Currency.  This letter is Alert 2003-7  - www.occ.treas.gov/ftp/alert/2003-7.txt
 
Relevant text from this letter includes:
 
"... worthless items entitled Bill of Exchange, Due Bill, and Redemption Certificate are being presented for payment at banks and other businesses.  Regardless of how these documents are titled or whether they appear authentic, they are not payable through the U.S. Treasury or the Comptroller of the Currency, and they have no financial value or legal validity."   [Note the tautology -- "worthless items" have no financial value.]
 
The letter goes on:
 
"The creation and presentment of these documents may be a violation of section 18 USC 514, Fictitious Obligations, and the person(s) using such fictitious instruments may be subject to criminal prosecution.  If one of these documents is presented to your institution for payment, do not return it.  Retain the document and file a Suspicious Activity Report (SAR).  Deliver the original fictitious instrument and a copy of the SAR to the local office of the Federal Bureau of Investigation.  Please also provide the OCC with a copy of the documents and the SAR." [emphasis added] 

[Note an important use of language here:  A "person" is a DEBTOR, which means that a person is, by definition, one who is {fraudulently} obligated by the US corporation's "National Debt" and therefore NOT eligible for a special Treasury account.  This OCC letter is truthful in saying that "person(s) using such fictitious instruments may be subject to criminal prosecution".  A person, by definition {in their unique use of the word person} does not have standing to apply for a special Treasury account and therefore could not possibly have one.  This obscure use of language is central to the scheme of control employed by those in charge to attempt to befuddle anyone who ventures into this field.  They "lie" by telling the truth in a language you do not understand.

The Comptroller of the Currency is perfectly willing to issue this vague and threatening letter that fails to clearly define what constitutes a "worthless item" and forgets to mention that the unique use of the word "person" noted above, in fact, defines any such item used by a "person" as worthless because a "person" lacks the requisite legal standing to use the item. 

Telephone discussion with a representative of the OCC resulted in a parole definition as follows:

 "There are no Treasury accounts upon which such items could be drawn and therefore every such item that claims to be drawable against such a Treasury account is worthless." 

When asked if he would change his opinion on this subject if presented with documentary evidence showing that the Treasury does in fact issue electronic credits in discharge of some of these items, he simply got angry and redoubled his insistence that there are no such accounts.  When asked if he would put this in a writing, notarized and sworn under penalty of perjury, he naturally declined to do so.  It is my opinion that he was either misinformed or lying.  He certainly was not attempting to bring clarity to the discussion.

The above referenced OCC letter can accurately be seen as an attempt to intimidate through vague references to its subject matter, an apparent threat of prosecution and urging the filing of a Suspicious Activity Report (SAR) by a the receiving institution.  Of course, if a Bank officer reads this letter and does not realize what is being done with the obscure use of the word person and files a wrongful SAR on someone who has a valid special account at the Treasury, the OCC has plausible deniability in that their attorneys can truthfully assert that no person can possibly have a valid special Treasury account.

There is another interesting angle to this OCC letter.  Neither the OCC nor the FBI are actually an agencies, even of the fraudulent UNITED STATES corporation.  They are BOTH agencies of the International Monetary Fund.  Therefore, when the OCC letter suggests that a receiving institution "Deliver the original fictitious instrument and a copy of the SAR to the local office of the Federal Bureau of Investigation," this can be interpreted as giving the FBI an opportunity to sell the supposedly "fictitious instrument" (i.e. steal it).  It is now common knowledge that our CIA imports drugs into this country.  During the Vietnam era they stuffed the body cavities of dead G.I.'s with drugs from southeast Asia and got the drugs into this country inside the body bags.  Unfortunately, despite the valid role played by the FBI in its investigative role, the FBI is simply being accommodated by the OCC in this letter and handed a golden opportunity to steal. 

Also, although it would be ideal if bank officers had no motivation to game the system, they are actually offered a bounty for turning in these supposedly "fictitious instruments."   Therefore, it is necessary in dealing with everyone involved in a transaction involving a Bill of Exchange payable through the Treasury, to utilize procedures that guard against fraudulent behavior on the part of anyone and everyone in the chain of custody.  Two witnesses to the mailing of the instrument to the Treasury via Registered Mail, with notarized affidavits (testifying to the witnessed signing and mailing of the documents) is NOT overkill and such procedures should definitely be followed.  These procedures are simply prudent preparation for Notarial Protest, it that procedure is needed later.

Looking at the language of the OCC letter more closely, the first quoted paragraph above is a tautology and therefore says nothing.
 
Instruments that legitimately fall in the category of "worthless items" obviously by definition "have no financial value or legal validity".  It is worth pointing out that the letter specifically does NOT state that "items entitled Bill of Exchange, Due Bill, and Redemption Certificate" are worthless.  This would be an absurd proposition.  Every bank check is a special form of Bill of Exchange known as a demand Bill of Exchange or draft.  Bills of Exchange are used in international transactions every day.  The entire paragraph is rendered meaningless by presupposing that the subject of the paragraph is "worthless items".  Obviously "worthless items" are worthless and "not payable through the U.S. Treasury" and by definition "have no financial value or legal validity".  The OCC avoids stating a lie by not saying anything at all.
 
The UNITED STATES corporation finds itself having to fend off people who are waking up to the facts described herein.  It therefore needs to behave like the Wizard of Oz when Dorothy and friends entered his chamber and the dog Toto pulled back the curtain revealing a little man frantically pulling levers to create a grand illusion.  This is how I view the above referenced letter from the Comptroller of the Currency. 

Notwithstanding its bluster and serious threat, the OCC letter is essentially a piece of fluff because it says almost nothing.  It does not indicate that a receiving bank that ignores its suggestions is doing anything wrong.  It does suggest that a receiving bank exercise unguided judgment and, on its own, undertake to interfere in the commerce of potentially innocent parties who present what may be valid banking instruments.  Aside from this, it does not say anything.  A receiving bank that follows this gratuitous suggestion by the OCC is given no immunity from prosecution for interfering with the commerce of parties so interfered with.  They are simply urged to send potentially valuable banking instruments to the FBI and to tortiously (acting in such a way as to give rise to an action in Tort) "file a Suspicious Activity Report (SAR)".

The people at the Office of the Comptroller decline to either offer or accept proof as to the facts and they decline to back up their assertions when asked to do so.
 
Suffice it to say, I am actively researching the considerable community of people who are pursuing the possibility of debt discharge through the Treasury.  I am seeking to obtain additional documentary evidence of discharge of public debt of Citizens of the American Republic.  My aim is to establish that this is an ongoing activity of the US Treasury.  One member of our community successfully discharged over $250,000 of IRS, Iowa State tax and Student Loan debt over the past five years, and he has a letter from the relevant Iowa State tax officials as evidence that his obligation to them is discharged.  If additional evidence proves unobtainable, obviously this subject begins to take on the appearance of a castle in the air.  I don't think it is and if you send an email to the
Webmaster@LifeRepatterning.com identifying yourself and your interest, I will be happy to keep you posted regarding my findings.

If you review the article
Modern Money Mechanics (http://www.truthsetsusfree.com/modernMoney.htm), once issued by the Federal Reserve but no longer available from them, you will discover that all currency is your credit!   What does "your credit" mean in this context?  If you can borrow money at a bank, you can be said to have credit at that bank.  If you are a DEBTOR within the system, all US currency is created by a borrowing on your behalf from the Fed by the corporation.  The Federal Reserve calls it "monetized debt."

In the 1990s the federal government created $2.8 trillion of new debt;
more than created in the nation's entire history prior to 1990.

Fiscal Year 2000 ended with the highest dollar debt
in U.S. history - despite more claims of a 'surplus'
and,  Fiscal Year 2001 debt was higher than that
and, 2002 debt was $420 billion higher than 2001
and, 2003 debt was $555 billion higher than 2002.

In the 4 years 1997-2001, before 9-11, total federal debt increased $438 billion,
a period when politicians bragged about a $557 billion surplus.
That's a $1 Trillion creditability gap.
(Some might suggest Enron and others learned reporting gimmickry from government practices)
 
Nearly another $1 trillion additional debt was added in 2002-2003

If one owes more money on a house than the house is worth, this is called having negative equity.  America's Total Debt in addition to federal government debt, includes debt of state & local government, foreign debt, and private sector debt of households, business and the financial sector.  All these sum up to $34 Trillion, or $119,000 per man, woman and child.  If the Federal Reserve's figure of $79,000 average American net worth is accurate, by my reckoning, without being able to cite a formal study or authority, this figure of $119,000 of total debt per US  person would seem to put all US persons, including the richest, collectively "under water" in a negative equity situation, because the $79,000 figure does not count federal government debt, debt of state & local government, foreign debt, or business and the financial sector debt, but ONLY considers private sector debt of households.  If those of us who have not distinguished ourselves from the status of "person" obligated by the US ""national debt" are collectively "under water" this means that everything you see when you look out the window or even if you gaze at your own hand is equitably owned as collateral by bankers somewhere. 

This situation has been manipulated into existence in many ways, starting with the completely bizarre arrangement in which our US Treasury asks permission and borrows from the Federal Reserve all currency in circulation (M1, M2 & M3) that the Treasury could simply issue under its own Constitutional authority, and US taxpayers pay interest on all this debt to whoever owns the Federal Reserve.  The claim that the Fed's profits are largely paid back to the Treasury remains unproved and implausible because:

1) There is no publicly available internal accounting at the Fed. 

2) The origin of the Fed was clandestine for a reason.  Any innocent explanation of the Fed that does not account for this extreme secrecy is de facto a deception.  (For background on the Fed's origin listen to this INTERVIEW with G. Edward Griffin, Author The Creature from Jekyll Island: A Second Look at The Federal Reserve.)

3) The Fed's role is extractor of substance from the American people by soaking up tax monies for payment of interest on the "National Debt" (See http://www.uhuh.com/taxstuff/gracecom.htm).

The extremely intelligent international bankers behind this banking "coup de grace" know it is NOT feasible, in a Universe ruled by Natural Law, to be 100% destructive, thieving, rapacious, etc.  They have arranged to get the United States into "negative equity" territory financially.  We generally do not own anything in this country for TWO reasons: 1) We are indebted more than the value of our corresponding equity (namely EVERYTHING in this country, and 2) We have no money of substance with which to lawfully pay for anything.  See "Bankers-Manifesto-of1892"  http://www.eliminatecreditcarddebt.cc/manifesto.pdf.  This is why those who manipulated "the system" into its present configuration are sneaky about everything connected with it. 

Let us take an example.  Perhaps you infer that the name on the tax statement is yours and so you respond as though it were. This is voluntary servitude. To make this servitude legal it was necessary to “cut a hole in the fence.”  No matter that the escape route is hidden, obscured by legal brambles to make escape difficult. That it is not used presumes consent.  It is not impossible, just seemingly difficult and even implausible.

They created the current situation in which there is NO MONEY of substance in this country with which any American can PAY debts.  That was a thieving act.  The very best we can now do, short of acquiring gold or other valuable commodities and paying with substance, is to DISCHARGE our electric bill, our dental bill, our mortgage, bank loans, etc..  This means that the debt remains, and the obligation to PAY is merely postponed.  To create a compensation within Natural Law for this very real theft on a scale that sounds like science fiction, they left a back door, originally intended, however, to be used exclusively by insiders because they did not tell anyone. 

According to the best information available to me, the Secretary of the Treasury, as Trustee in Bankruptcy of the UNITED STATES corporation, stands ready, willing and able to discharge the public debt (defined as debt owed to public entities, such as our electric bill, our dental bill, our mortgage, bank loans, etc.) of any American citizen who properly applies.  (Excluded is anyone identified as a U.S. Person, an "individual," a "person," you as YOUR NAME in ALL CAPS, or other sneaky obscure designations of you as DEBTOR with respect to the borrowings of the US corporation.) 

Examples of designations of YOU
that exclude you from having standing
to apply successfully to the Treasury
for an account to discharge your debts,
unless you legally distinguish your identity from these designations,
[from http://www.gemworld.com/USAvsUS.htm]
 
"Prisoner of war" name
Fictitious " nom de guerre " name
for a non-living entity:
also referred to as the "STRAWMAN"
and/or "Transmitting Utility"

JOHN DOE
Note: all caps

John C. Doe
Note: middle initial
(No name at all--A fiction)

First Name: JOHN
Middle Initial: C.
Last Name: DOE

A fictional persona
being surety for the debt
as a fiction in commerce

Look at the name on your Drivers Licenses, Social Security cards, Credit Cards, Deeds, Bank Accounts, etc.

The first step in qualifying for a special Treasury account, that the IRS will set up if the requisite conditions are met, is to distinguish oneself from the status of "U.S. Person," "individual," "person" and similar terms that denote one who has been fraudulently identified as obligated to pay interest on the debt of the UNITED STATES corporation -- generally the status of DEBTOR.  Next time you open a bank account, look at what you are asked to sign after your have signed into all the other contracts of adhesion implicit in the signature card.  You are then asked to affirm with your signature that you are a "US Person".  You see, they trick you into volunteering to be obligated on the US national debt.  I always cross out the words "US Person" and write instead "American citizen".  

The requisite status needed to qualify for a special Treasury account for discharge of debt in our understanding is to change one's standing within the system to CREDITOR -- one who is owed the fraudulently arranged debt as distinct from one who owes it. 

This shift of legal status and standing is accomplished by filing a standard UCC 1 financing statement on the legal fictional identity imposed upon Americans by issuance of a Social Security card, and if they were born in this country, by the registration with the Department of Commerce of their Notification of Live Birth.  This fictional "STRAWMAN" or "STRAW MAN" identity is a corporate identity because it was supplied by a corporation, and a corporation can supply no higher identity than it itself has.  Our fictional corporate identity is OUR LEGAL NAME in ALL CAPS.   

This STRAW MAN is identified in the UCC 1 Financing Statement as DEBTOR and everything this DEBTOR does own or could ever hope to own is claimed as collateral by You (the natural human) as the Secured Party.  Our natural human name at birth is identified in the UCC 1 Financing Statement as Secured Party (birth name in Upper/lower case).  This is a formal public filing under the Law Merchant known as the Uniform Commercial Code and is effective as a prior-in-time/prior-in-right claim, as against all subsequent and therefore inferior claims on the STRAW MAN DEBTOR. 

Secured Party status has broad implications.  For example it exempts one from jurisdiction of Courts of Commerce, such as all courts sitting in Admiralty Jurisdiction, including virtually all courts in the United States today. This is because a Court of Commerce can "SEE" corporate fictions only.  When natural human beings come to a Court of Commerce they must be tricked into submitting to its jurisdiction by identifying themselves as the "PERSON" named as DEFENDANT or PLAINTIFF.  For example, one is asked, "Is your name 'JOHN DOE'?"  This sounds the same as "John Doe" but is legally very different.  If one declines to so identify oneself, and without argument accepts every charge presented in such a court upon proof of whatever claim is asserted, the court, having jurisdiction ONLY over Cases and Controversies will have no choice but to dismiss the matter for lack of jurisdiction.  (No appropriate party, no controversy and no claim upon which relief can be granted.)

Actually learning how to prepare your legal status to have standing to apply for a Treasury account through which you can discharge your public debts, and learning how to avoid volunteering into the deceptive Admiralty jurisdiction of nearly all American courts involves taking a series of whole day courses.  It should be emphasized that at this time (11-10-03) those of us who have applied for a special Treasury account, with the one exception of someone who applied five years ago, have not had time for the requisite 30 banking days to pass since the signing of the green Registered Mail return receipt from the Treasury indicating that the Treasury properly received our application.   Therefore, we do not know from direct experience if what we have done will prove to be effective or not.  Stay tuned.



 

For those interested in exploring further the reason why and how it is possible that the U.S. Treasury is willing and legally obligated to discharge the public debts of Citizens of the American Republic, See the items linked and copied below.

1) Linked: A history of the secret financial dealings within this country and between this country and international bankers since Revolutionary War times: (about 31 pages printed)
http://www.liferepatterning.com/US_secretly_secured_as_collateral_by_foreign_bankers.htm

2) Linked: A point-by-point comparison between the elements of the world as we are led to understand it, and the world as it actually is: (about 25 pages printed)
http://www.gemworld.com/USAvsUS.htm

3) Linked: See a list of questions relating to the Federal Reserve about 1/4 down the page at http://www.givemeliberty.org/FreedomDrive/Redress/PetitionFed.htm 

This is a marvelous introduction to important distinctions in banking, such as that, whereas Federal Reserve Notes are units of exchange, bank money (credit money) is units of account.  Absent a higher reserve requirement imposed by the Fed, based on the quality of a bank's loan portfolio, a bank can expand deposit accounts to 9+ times exchange (that is, lend nine times its reserves).  Thus if a customer borrows $100,000 and deposits that entire amount into the same bank, for as long as that deposit remains in the bank, the bank can loan out and additional $800,000 that is NOT kept on deposit at this bank.  The "discount rate," one of the "levers" manipulated by the Fed to control the money supply, is simply the interest rate charged to banks by the Fed if banks borrow "reserves" (units of account).  Banks then lend out these borrowed units of account reserves, nine to one.

4) Linked: A detailed investigative report on some critical issues relating to Treasury Discharge of debt. (8 page .pdf document -- InvestigativeReportOnUCC )

5) Linked: The "bankster" mentality of bankers in 1892.   (1 page http://www.worldnewsstand.net/money/bankers-manifesto.html )

6) Copied below -- a wide ranging introduction to the entire field of study related to debt discharge by the U.S. Treasury: (about 19 pages printed)

http://www.thetruthseekers.com/money/article_496.shtml

The UCC Connection
by Howard Freeman
Source:
View Source

"I send you out as sheep in the midst of wolves, be wise as a serpent and harmless as a dove."

This is a slightly condensed, casually paraphrased transcript of tapes of a seminar given in 1990 by Howard Freeman. It was prepared to make available the knowledge and experience of Mr. Freeman in his search for an accessible and understandable explanation of the confusing state of the government and the courts. It should be helpful to those who may have difficulty learning from such lectures, or those who want to develop a deeper understanding of this information without having to listen to three or four hours of recorded material.

The frustration many Americans feel about our judicial system can be overwhelming and often frightening; and, like most fear, is based on lack of understanding or knowledge. Those of us who have chosen a path out of bondage and into liberty are faced, eventually, with the seemingly tyrannical power of some governmental agency and the mystifying and awesome power of the courts. We have been taught that we must "get a good lawyer," but that is becoming increasingly difficult, if not impossible. If we are defending ourselves from the government, we find that the lawyers quickly take our money and then tell us as the ship is sinking, "I can't help you with that--I'm an officer of the court." Ultimately, the only way for us to have even a 'snowball's chance' is to understand the RULES OF THE GAME, and to come to an understanding of the true nature of the Law.

The lawyers have established and secured a virtual monopoly over this area of human knowledge by implying that the subject is just too difficult for the average person to understand, and by creating a separate vocabulary out of English words of otherwise common usage. While it may, at times, seem hopelessly complicated, it is not that difficult to grasp--are lawyers really as smart as they would have us believe? Besides, anyone who has been through a legal battle against the government with the aid of a lawyer has come to realize that lawyers learn about procedure, not about law.

Mr. Freeman admits that he is not a lawyer, and as such, he has a way of explaining law to us that puts it well within our reach. Consider also that the framers of the Constitution wrote in language simple enough that the people could understand, specifically so that it would not have to be interpreted. So again we find, as in many other areas of life, that -THE BUCK STOPS HERE!' It is we who must take the responsibility for finding and putting to good use the TRUTH. It is we who must claim and defend our God-given rights and our freedom from those who would take them from us. It is we who must protect ourselves, our families and our posterity from the inevitable intrusion into our lives by-those who live parasitically off the labor, skill and talents of others. To these ends, Mr. Freeman offers a simple, hopeful explanation of our plight and a peaceful method of dealing with it.

Please take note that this lecture represents one chapter in the book o