Worse than Useless

Matt Watts


haxar

Re: Worse than Useless
« Reply #1,  »
You can write your own amount with a Promissory Note for the (IMF) bank to accept as payment.

I'm finding out if they do. Very limited success stories on YouTube. Low risk, high reward.

U.S. Corp. has been bankrupt since 1933 by design, and apparently, this is the remedy.

Clever sleight of hand trick. You use them all the time: Federal Reserve "Promissory" Notes...


https://www.youtube.com/watch?v=dbku5XULgIA

Matt Watts

Re: Worse than Useless
« Reply #2,  »
Hax, what you're saying I knew about.  The confusing part of all this is that a FRN is debt instrument, i.e. it represents negative wealth.  So why on God's green earth would an exchange trade these negative debt instruments for crypto currencies of real value?  I guess the same holds true why dealers in gold and silver coin would as well.

What I do know is that if you go into a court room and attempt to pay a fine with a pre-1933 U.S. gold coin, the court is unable to accept this as money.  The reason being is the pre-1933 U.S. gold coin is not a debt instrument and instead is actual money.  There is no conversion factor between positive and negative--both sides must either be money or debt instruments in order to make a conversion.  Same holds true with why you have Accounts Payable & Accounts Receivable--you can't mix the entries between the two.  They have completely different meaning.

So what I'm hearing is all items, including the FRN notes themselves have a lien against them, meaning they can be confiscated.  It's my understanding a pre-1933 U.S. gold or silver coin has no such lien against it.  If you have such an item, unlike the rest of us, you are actually solvent financially.  Most of us are not, we are insolvent since we have no actual money.  This brings me back to the crypto-currencies.  Do these things also have a lien against them?  If they were purchased via an exchanged with FRNs, then yes, they do have a lien against them and they are also likely debt instruments.  As enticing as Bitcoin or Etherium may look, I'm afraid they still don't represent wealth.  They have embedded in them the mark of the beast.  Could they still provide funding for the type of research we do here at OSE?  Yes, they can.  So we should probably keep our eye on the bigger picture even though the road to get there is treacherous and walled with demons.

haxar

Re: Worse than Useless
« Reply #3,  »Last edited
Quote from Matt Watts on January 2nd, 11:09 PM
What I do know is that if you go into a court room and attempt to pay a fine with a pre-1933 U.S. gold coin, the court is unable to accept this as money.  The reason being is the pre-1933 U.S. gold coin is not a debt instrument and instead is actual money.
It's also not taxable. FRN negotiable debt instruments are taxable, by blank endorsement. Which is why the national "debt" increments at all, by your voluntary submission to the IRS, reporting unredeemed amounts.
Quote from Matt Watts on January 2nd, 11:09 PM
There is no conversion factor between positive and negative--both sides must either be money or debt instruments in order to make a conversion.  Same holds true with why you have Accounts Payable & Accounts Receivable--you can't mix the entries between the two.  They have completely different meaning.
The Federal Reserve Act has a remedy where you can redeem FRNs as lawful money. Those FRNs then become non-taxable, with a restrictive endorsement. This is the conversion. Liability to Asset.

This is the section where the Federal Reserve is granted centralized power, by Congress in 1913, to issue all Federal Reserve Promissory Notes, and with a redemption clause, for you to execute, following it:
https://www.law.cornell.edu/uscode/text/12/411

You can voluntarily declare them on the IRS 1040 form at line 21 from your restrictive endorsements, as "redeemed lawful" money, as per 12 U.S.C. 411, with a negative redeemed amount. Combined with proof of your demand made after the restrictive endorsement on the back of any check you deposit, and on the deposit slip for your Federal Reserve Promissory Notes as well. Lawful money can't be disputed in court, then, as you say.

In 1933, there goes the gold.


https://www.youtube.com/watch?v=2uGn-G5tbE8
Quote from Matt Watts on January 2nd, 11:09 PM
So what I'm hearing is all items, including the FRN notes themselves have a lien against them, meaning they can be confiscated.  It's my understanding a pre-1933 U.S. gold or silver coin has no such lien against it.  If you have such an item, unlike the rest of us, you are actually solvent financially.  Most of us are not, we are insolvent since we have no actual money.
By blank endorsement of the Federal Reserve Promissory Notes, they hold a lien on whom endorse these negotiable debt instruments on U.S. Corp. insolvency. The IRS, by your voluntary submission, withhold your unredeemed notes as a holder in due course, on the public side. Redeeming Federal Reserve Notes in lawful money, brings you back to the private side.
Quote from Matt Watts on January 2nd, 11:09 PM
This brings me back to the crypto-currencies.  Do these things also have a lien against them?  If they were purchased via an exchanged with FRNs, then yes, they do have a lien against them and they are also likely debt instruments. As enticing as Bitcoin or Etherium may look, I'm afraid they still don't represent wealth.
Yes, until redeemed.
Quote from Matt Watts on January 2nd, 11:09 PM
They have embedded in them the mark of the beast.
Federal Reserve.
Quote from Matt Watts on January 2nd, 11:09 PM
As enticing as Bitcoin or Etherium may look, I'm afraid they still don't represent wealth. Could they still provide funding for the type of research we do here at OSE?  Yes, they can.  So we should probably keep our eye on the bigger picture even though the road to get there is treacherous and walled with demons.
Redeem Federal Reserve Promissory Notes, as a demand on a deposit slip or back of a check, as a restrictive endorsement of the national "debt," thereby no obligation to pay for U.S. Corp's deliberate insolvency, which is why the IRS even exists:

Withholdings on interest-bearing currency, of private credit of the Federal Reserve.

All withholdings can be refunded on redeemed amounts. Also for non-redeemed amounts, when claimed for all transactions you've ever done, nunc pro tunc. They cannot dispute the amount you've voluntarily claimed in the past.

The IRS was established at the same time as the Fed. This is the hidden remedy.
Re: Worse than Useless
« Reply #4,  »Last edited
Federal Reserve Promissory Notes, before 1963, carried a redemption clause in the obligation clause until JFK's assassin-ation, as a staged event to counter silver certificates he wanted to issue, in 1963. He wanted to issue non-taxable lawful money. C:-) :pirate: :rtard: :fighting:

The Federal Reserve was given power by Congress, on December 23rd, 1913, then

:happynewyear:

Worse than Useless: Worthless

:ttiwwop:

I'm not celebrating a century of trauma.

Until redeemed, unfortunately for a Federal Reserve Promissory Note.

Here is a United States Promissory Note that is lawful money by default. This is the only specimen worth anything. It shouldn't pay any debt or tax either, as you say:

:cheerleader:
Re: Worse than Useless
« Reply #5,  »Last edited
There were multiple banks in existence, before 1913, that were not centralized by a government. The "Federal Reserve" Act gave this fictional legal entity centralized power away from all the other banks and became the central bank in 1913, by congressional act.

"Federal Reserve" Promissory Notes, that are redeemable for a non-taxable event, explicitly written in the obligation clause:
Re: Worse than Useless
« Reply #6,  »Last edited
Here is when the "Federal Reserve" had no circular seal, in 1929:
Re: Worse than Useless
« Reply #7,  »
Bitcoin is ultimately backed by negotiable debt instruments, which has any value to people at all. Another lie.

When you issue your own promissory note, you don't need Bitcoin. You are a private banker.
Re: Worse than Useless
« Reply #8,  »
Quote from Matt Watts on January 2nd, 04:29 PM
Yes, we sorely need something better.

Eventually we will get it.
I got it.

Getting it right the first time.

Matt Watts

Re: Worse than Useless
« Reply #9,  »
Excellent research Hax!

You need to compile a full list that you just summarized above--an old dog is dying for some new tricks.  :-)

haxar

Re: Worse than Useless
« Reply #10,  »Last edited
Quote from a pre-1963 "Federal Reserve" issue obligation clause
REDEEMABLE IN LAWFUL MONEY OF
THE UNITED STATES, AT UNITED STATES
TREASURY OR AT THE BANK OF ISSUE
Compared to U.S. Promissory Notes, "Federal Reserve" Promissory Notes are dual use by this phrasing of the obligation clause. By either using U.S. Treasury non-taxable credit or "Federal Reserve" liened elastic taxable credit.

This "lawful money" verbiage was omitted from all "Federal Reserve" issue promissory notes in 1963, coinciding with JFK's issue of non-taxable silver certificates, hiding the non-taxable remedy.


https://www.youtube.com/watch?v=aH9OIIJcQM8

Matt Watts

Re: Worse than Useless
« Reply #11,  »
You may get a kick out of this one.  Virtual Currency is treated as property.  hehe

Virtual property.


I wonder if I'm kept alive as "virtual labor"...?


haxar

Re: Worse than Useless
« Reply #12,  »Last edited
Quote from Matt Watts on January 3rd, 02:32 PM
You may get a kick out of this one.  Virtual Currency is treated as property.  hehe

Virtual property.


I wonder if I'm kept alive as "virtual labor"...?
Until redeemed, they can treat it as such, because the IRS presumptuously operates on blank endorsement by all the people who blindly endorse private credit from the congressionally authorized central bank, known as the "Federal Reserve."
Re: Worse than Useless
« Reply #13,  »Last edited
I've also found good hints on an IRS publication, PDF in the attachments:
Specifically called as a "negotiable promissory note." They are the same negotiable note instruments from the "Federal Reserve":
Quote
If you are a cash basis taxpayer and make payments on a negotiable promissory note that you issued for stock that became worthless, you can deduct these payments as losses in the years you actually make the payments. Do not deduct them in the year the stock became worthless.
Here, you would be refunded on worthless stock for a negotiable promissory note you issued, suggesting that you could pay all debts, such as this stock, with a negotiable promissory note you issue.

The Federal Reserve's Promissory Note that collects your labor, by default, as holder in due course, until redeemed:
Quote
Redemption or retirement of bonds. A redemption or retirement of bonds or notes at their maturity generally is treated as a sale or trade.
  • A redemption of notes generally is treated as a sale or trade.
See the word magic on what these private banksters did? When redeemed, your Federal Reserve Promissory Note becomes good as gold.

Here's some success stories for using a promissory note you issue for a debt obligation, as well as disclosure:


https://www.youtube.com/watch?v=7vQt73UuGCI


https://www.youtube.com/watch?v=2q-7d1PO_oQ

David Young issues proprietary promissory notes for his business, doing business as "Day Global," in the Florida Keys:


https://www.youtube.com/watch?v=QMYs2dk2G0k


https://www.youtube.com/watch?v=x2KIHEVmnKs


https://www.youtube.com/watch?v=RKpcanAYexY


https://www.youtube.com/watch?v=IzhVx8Xe7zE


https://www.youtube.com/watch?v=RJjmnAlkl6g
Re: Worse than Useless
« Reply #14,  »Last edited
The attachments are taking a while to post.

It's a useful extensive compilation of evidence for these claims.
Re: Worse than Useless
« Reply #15,  »Last edited
Here's my final version of a negotiable promissory note debt instrument to use and issue for debt obligations, when using your transmitting utility or strawman within the 10 square miles of British of Columbia as U.S. Corp. jurisdiction, to redeem your amount by your signature, with the authority of your berth certificate.

The British of Columbia's jurisdiction is either British common law or Crown Corp. admiralty/maritime law. Private or public. Legal v. LAWFUL. No injured party in admiralty/maritime martial law tribunals.

Code: [Select]
Promissory Note

Serial Number XXX000007

This Negotiable Instrument can be financially traded.

Tender, in terms of:
- International Promissory Note, UNCITRAL Convention of 1988;
- H.J.R. 192 of the 73rd Congress, Pub. Res. 73-10, 48 Stat. 112;
- Securities Act of 1933 2(1) & 3(a)(3);
- U.C.C. 3-104 & 4-302;
- 12 U.S.C. 411 & 1813(L)(1);
- 31 U.S.C. 5103;
AND Settlement, in terms of:
- Rule 45 of the United States Supreme Court.

***************************************************************************************************

AMOUNT: $ 1,000,000.00

( ONE MILLION AND 00/100 DOLLARS )

Place of issue: COLORADO SPRINGS, Colorado, UNITED STATES

This certifies that

I, MATT WATTS, account number: 123456789, ISSUER, hereby promise to pay the HOLDER, WELLS FARGO BANK, N.A., for the full amount specified on this NOTE, good as aval, for value received.

Terms & Conditions

Payment will be made in installments of $ 100.00 ( ONE HUNDRED AND 00/100 DOLLARS ) on the 7th day, per month, until the obligation has been fulfilled. I hereby give permission to the HOLDER and/or HOLDER IN DUE COURSE of this NOTE, to use the NOTE in any way necessary as a negotiable instrument to be financially traded on; whereas such trade shall terminate the obligation herein.

This original NOTE is signed in BLUE ink.


DATED: _____________________________  SIGNED: ______________________________

A legal fiction book still valid in law:

The Law of Negotiable Instruments: Including Promissory Notes, Bills of Exchange, Bank Checks and Other Commercial Paper;

https://www.amazon.com/gp/product/1330994337/
Re: Worse than Useless
« Reply #16,  »Last edited
Quote from Matt Watts on January 2nd, 11:09 PM
What I do know is that if you go into a court room and attempt to pay a fine with a pre-1933 U.S. gold coin, the court is unable to accept this as money.
Legal tender are for debt obligations.

That concludes this puzzle.
Re: Worse than Useless
« Reply #18,  »Last edited
Promissory Notes can be used in lieu of Bail Bonds:
Quote
quora.com/Can-you-give-a-promissory-note-as-a-collateral-to-bail-out-of-jail

Can you give a promissory note as a collateral to bail out of jail?

[...]

This is almost precisely what the business of a bail bondsman is. You pay the bondsman a fee and he pays the bond for you. If you fail to appear, the bondsman will go after you for the forfeited bond.
Re: Worse than Useless
« Reply #19,  »Last edited
An amount for everything, although insolvent and worthless:
Re: Worse than Useless
« Reply #20,  »Last edited
Reckon Bitcoin to a decentralized legal entity, trading liened blank endorsement interest-bearing private credit of the "Federal Reserve."

A decentralized Peer-to-Peer "Federal Reserve" bank.
Re: Worse than Useless
« Reply #21,  »Last edited
Quote from Matt Watts on January 2nd, 11:09 PM
So what I'm hearing is all items, including the FRN notes themselves have a lien against them, meaning they can be confiscated.  It's my understanding a pre-1933 U.S. gold or silver coin has no such lien against it.  If you have such an item, unlike the rest of us, you are actually solvent financially.
Yep. Lawful money. You're still solvent even if you are "broke." Bankruptcies are scams.

See this in IRS attachment:
Quote
negotiable promissory note of solvent debtor is cash equivalent and includible in income to extent of Fair Market Value
Solvent debtor.

A "negotiable promissory note" is "cash equivalent."
Quote from Matt Watts on January 2nd, 11:09 PM
Most of us are not, we are insolvent since we have no actual money.
Would you be bankrupt or U.S. Corp? U.S. Corp.
Re: Worse than Useless
« Reply #22,  »
A debt cancel:

onepower

Re: Worse than Useless
« Reply #23,  »Last edited
There is a more sensible solution... do not carry any debt and pay in cash. You know there is all this talk about immigrants however they seem far smarter than the average American. First they live within there means, second they pool family wealth to bypass banks to start their own business. They are not employee's all there life and employment is generally short term until they can become a business owner. Everyone is out there begging for a job when they should be looking for an opportunity to capitalize on... a job is for suckers. A job means someone is paying you $20/hr to perform services they hire out at over $100/hr so why not grow up and make $100/hr yourself?.

Capitalism is very simple... find or create a good or service which helps people and makes the world a better place then sell it for profit. Being a mindless peon or virtual slave always creating wealth for someone else and begging for a job else is not capitalism. Yet that is what everyone is taught is it not?, get an education then go begging for a job so you can create wealth for others. At some point the stupidity needs to end and all those good little consumers begging for a job are going to need to grow up and get with the real program... progress. The only thing required to create wealth is to create value and if you have a good or service which has a tangible value to others then you can create real wealth not more debt.

Enrg4life

Re: Worse than Useless
« Reply #24,  »
Quote from onepower on January 14th, 08:04 AM
There is a more sensible solution... do not carry any debt and pay in cash. You know there is all this talk about immigrants however they seem far smarter than the average American. First they live within there means, second they pool family wealth to bypass banks to start their own business. They are not employee's all there life and employment is generally short term until they can become a business owner. Everyone is out there begging for a job when they should be looking for an opportunity to capitalize on... a job is for suckers. A job means someone is paying you $20/hr to perform services they hire out at over $100/hr so why not grow up and make $100/hr yourself?.


Capitalism is very simple... find or create a good or service which helps people and makes the world a better place then sell it for profit. Being a mindless peon or virtual slave always creating wealth for someone else and begging for a job else is not capitalism. Yet that is what everyone is taught is it not?, get an education then go begging for a job so you can create wealth for others. At some point the stupidity needs to end and all those good little consumers begging for a job are going to need to grow up and get with the real program... progress. The only thing required to create wealth is to create value and if you have a good or service which has a tangible value to others then you can create real wealth not more debt.
Yes many good points in there and some is true abouts the immigrants. However not everyone is cut out to run a bussiness. Most businesses need employees to be successful.Running a business with out good employees is stressful. It gets old after a while and the money you make or lose may not be worth the stress of it all.There is a lot to be said about a a job that you love and can leave at work and go home with out all the attachments of owning the bussiness