Wednesday, May 1, 2013
Does the Government use acronyms? Put things in all capital letters? The answer to both is absolutely. Is the government obligated to settle debts? First, let us look at obligations of the United States.
Title 18 § 8. - Obligation or other security of the United States defined
The term ‘”obligation or other security of the United States'” includes all bonds, certificates of indebtedness, national bank currency, Federal Reserve notes, Federal Reserve bank notes, coupons, United States notes, Treasury notes, gold certificates, silver certificates, fractional notes, certificates of deposit, bills, checks, or drafts for money, drawn by or upon authorized officers of the United States, stamps and other representatives of value, of whatever denomination, issued under any Act of Congress, and canceled United States stamps.
FRN's are obligations of UNITED STATES: HJR 192: “The term “obligation” means Federal Reserve notes and circulating notes of Federal Reserve banks and national banking associations. How odd that my Birth Certificate is printed by the America Bank Note Company, or some other institution: this is circulating paper. Remember, debts, obligations and claims, shall be held illegal and void. Democracy is not all bad.
It is a fact: Title 31 § 3123 makes a statutory pledge of the United States government to payment of obligations and interest on the public debt.
Title 31 § 3123. Payment of obligations and interest on the public debt
(a) The faith of the United States Government is pledged to pay, in legal tender, principal and interest on the obligations of the Government issued under this chapter.
(c)(3) The Secretary may designate depositaries in foreign countries in which any part of the proceeds of bonds, notes, or certificates of indebtedness payable in the foreign currency may be deposited.
Therefore, the government pledges to pay government obligations of which are FRNs are and pay them with FRNs, which is legal tender? IF we give them a dollar, they give us a dollar? Lawyers are not stupid, they cast a mean spell but not stupid. Taxes and all bills associated with corporations are all government obligations in which they must pay when we accept them for value and return them to the government that has an obligation to settle the debt, dollar for dollar. It is a fact: Title 31 § 3130 further delineates in its definitions a portion of the total public debt, which is held by the public as the “Net public debt”. § 3130. Annual Public Debt Report
(a) General Rule.— On or before June 1 of each calendar year after 1993, the Secretary of the Treasury shall submit a report to the Committee on Ways and Means of the House of Representatives and the Committee on Finance of the Senate on—
(1) the Treasury’s public debt activities, and
(2) the operations of the Federal Financing Bank.
For what ever reason we can associate with their actions and reasons, they did so, so we may benefit. We are beneficiaries, they, the government are trustees, Trustees pay debts, beneficiaries do not. Thus, government obligations, which are illegal and void, are not taxable. Just try and not pay then the extortion they want. Nevertheless, we must settle with our advisory quickly.
These obligations of UNITED STATES are not taxable:
Title 31 § 3124. Exemption from taxation
(a) Stocks and obligations of the United States Government are exempt from taxation by a State or political subdivision of a State. The exemption applies to each form of taxation that would require the obligation, the interest on the obligation, or both, to be considered in computing a tax, except—
(1) a nondiscriminatory franchise tax or another non-property tax instead of a franchise tax, imposed on a corporation; and
(2) an estate or inheritance tax.
(b) The tax status of interest on obligations and dividends, earnings, or other income from evidences of ownership issued by the Government or an agency and the tax treatment of gain and loss from the disposition of those obligations and evidences of ownership is decided under the Internal Revenue Code of 1986 (26 U.S.C. 1 et seq.). An obligation that the Federal Housing Administration had agreed, under a contract made before March 1, 1941, to issue at a future date, has the tax exemption privileges provided by the authorizing law at the time of the contract. This subsection does not apply to obligations and evidences of ownership issued by the District of Columbia, a territory or possession of the United States, or a department, agency, instrumentality, or political subdivision of the District, territory, or possession.
Keep in mind also the Constitution does not give, we, the people “rights”. It forbids the government to ignore the “God given Rights of the people”, as seen in the 9th Amendment: “The enumeration in the Constitution, of certain rights, shall not be construed to deny or disparage others retained by the people”. In addition the 10th Amendment: “The powers not delegated to the United States by the Constitution, nor prohibited by it to the States, are reserved to the States respectively, or to the people”. Is there anything to discourage the people from creating credit instruments? In fact, by the 14th Amendment, § 4, we need to. We must Accept For Value, the debt instruments of the US democracy. As long as the debt exists, the Democracy exists. The Republican Form of Government, The United States of America, can only come back when the debt is gone. How will you “pay” for it, to make the national debt go away? If you gave all the FRNs back, the interest alone would be so huge it would be impossible to “Pay” back. Even more so, when you realize, giving all the FRNs back cannot pay for anything. Using FRNs to “pay” debts only increases the government obligations on debt. Let the trustee settle the claims but you need to give them permission of let them know of the debt.