WEBVTT 1 00:00:00.160 --> 00:00:47.200 Oh red des a. Hello and welcome to the show. 2 00:00:47.520 --> 00:00:51.039 This is the Cult of Conspiracy, and my name is 3 00:00:51.079 --> 00:00:55.840 Jonathan and today we bring back your boy Brandon Williams 4 00:00:55.880 --> 00:00:56.359 a k A. 5 00:00:56.600 --> 00:01:00.600 One stupid fuck. Welcome back to the show. 6 00:01:00.719 --> 00:01:05.000 What's up dude, Hi, guys, Hi guys, Just on that one. 7 00:01:05.040 --> 00:01:07.319 Man, Jesus, it's just too it's too. 8 00:01:07.280 --> 00:01:09.480 Good not to like you have to throw it out 9 00:01:09.480 --> 00:01:12.239 there like that. But uh yeah, man, what's what's been 10 00:01:12.319 --> 00:01:15.000 up with you lately? Have you been diving down any 11 00:01:15.159 --> 00:01:16.760 any wild rabbit holes here lately? 12 00:01:17.200 --> 00:01:17.760 That's all I do. 13 00:01:17.879 --> 00:01:21.560 Man, It's life, absolutucking Louie all day, every day. 14 00:01:21.560 --> 00:01:21.760 Man. 15 00:01:22.239 --> 00:01:23.959 Last time you're on the show, we talked a little 16 00:01:24.000 --> 00:01:29.680 bit about legalities, about jurisdictions, about certain interpretations of the law. 17 00:01:30.120 --> 00:01:34.000 Now this one, you wanted to talk about finances. Now 18 00:01:34.640 --> 00:01:36.840 to what level are we talking? Are you talking about 19 00:01:36.840 --> 00:01:39.879 your personal finances? We're talking about corporate, we talk in 20 00:01:40.000 --> 00:01:42.159 tax Where are we going on this one? 21 00:01:42.319 --> 00:01:46.200 We're talking like a thousand levels beyond anything you've ever 22 00:01:46.280 --> 00:01:50.920 even comprehended as a possibility, Like beyond Like there's almost 23 00:01:50.959 --> 00:01:55.599 no listener on the show that has ever even heard 24 00:01:55.920 --> 00:01:59.000 of two percent of what we're going to be getting into. 25 00:01:59.120 --> 00:02:01.599 So we are going to be going into the deepest, 26 00:02:01.680 --> 00:02:04.719 darkest black hole, my friends, that anyone has ever seen, 27 00:02:04.959 --> 00:02:10.319 and possibly none of any of your audience has even 28 00:02:10.400 --> 00:02:13.000 heard any of the terminology I'm going to be talking about. 29 00:02:13.039 --> 00:02:14.439 So we're gonna be getting into an. 30 00:02:14.439 --> 00:02:18.400 Entire lexicon, and we're gonna be breaking down all sorts 31 00:02:18.439 --> 00:02:22.639 of terms and phrases, and it's gonna be it's gonna 32 00:02:22.639 --> 00:02:23.840 be a long journey, my friends. 33 00:02:24.560 --> 00:02:28.240 Oh man, I'm excited. Sounds like to me you were 34 00:02:28.280 --> 00:02:32.240 about to absolutely bust open some third eyes with what 35 00:02:32.400 --> 00:02:35.919 y's getting into tonight. So do you have any visual 36 00:02:35.960 --> 00:02:36.919 aids on this one as well? 37 00:02:36.960 --> 00:02:40.800 Like you did last time, The whole thing's gonna be visual. Yeah, Okay, Jonathan. 38 00:02:40.919 --> 00:02:42.800 For all the good cult members that may not have 39 00:02:42.840 --> 00:02:45.080 ever heard this before, but they would like to see 40 00:02:45.080 --> 00:02:47.599 what we are talking about rather than just here about it, 41 00:02:47.639 --> 00:02:48.599 tell them where they can go. 42 00:02:48.840 --> 00:02:50.919 So before I say that, I did want to mention 43 00:02:51.039 --> 00:02:54.039 that if anybody hasn't listened to the first episode that 44 00:02:54.080 --> 00:02:57.360 we had Brandon on that was episode seven hundred and 45 00:02:57.439 --> 00:03:00.719 forty nine that was posted back on February twenty fourth, 46 00:03:01.639 --> 00:03:03.599 that'll give you a little bit more context about what 47 00:03:03.599 --> 00:03:07.439 we're getting into today, just so you can try and 48 00:03:07.680 --> 00:03:09.960 you know, get get a sense of what it is 49 00:03:10.000 --> 00:03:12.919 we're talking about. That is a good, a good door 50 00:03:13.080 --> 00:03:16.759 to go down first before we get into this. But yeah, 51 00:03:16.759 --> 00:03:18.080 if you want to be able to follow us and 52 00:03:18.120 --> 00:03:21.639 watch all the video content, see all of the all 53 00:03:21.680 --> 00:03:24.000 of the slides that Brandon's going to be showing us today, 54 00:03:24.159 --> 00:03:26.360 then come over to patreon dot com slash Cult of 55 00:03:26.400 --> 00:03:29.280 Conspiracy Podcast. That link is down on the show notes below. 56 00:03:29.639 --> 00:03:32.360 This kind of shit can't go on YouTube. I mean, 57 00:03:32.360 --> 00:03:34.280 it's just obvious at this point. Why are you still 58 00:03:34.360 --> 00:03:38.840 trusting YouTube? I mean, if you're looking for something not 59 00:03:39.080 --> 00:03:43.159 conspiracy related, YouTube's awesome. But anything that is questioning the 60 00:03:43.159 --> 00:03:46.159 main narrative, you're always gonna have issues with that on YouTube, 61 00:03:46.199 --> 00:03:48.159 Which is why we have a Patreon and it is 62 00:03:48.199 --> 00:03:49.639 the best way to be able to support the show. 63 00:03:50.360 --> 00:03:52.960 It is completely cig. 64 00:03:55.759 --> 00:03:58.879 Yes, yes it is, and yeah, we appreciate all the 65 00:03:58.919 --> 00:04:01.080 good Cult members who have already done so. Oh also, 66 00:04:01.280 --> 00:04:02.800 if you want to be able to join us, every 67 00:04:02.800 --> 00:04:05.120 Tuesday night at nine pm Central, we do have the 68 00:04:05.120 --> 00:04:09.520 Cult Member Live Show. That's always a banger. So if 69 00:04:09.560 --> 00:04:12.240 that's something you're interested in, then then yeah, come check 70 00:04:12.319 --> 00:04:15.199 us out at patreon dot com slash Cult of Conspiracy Podcast. 71 00:04:16.199 --> 00:04:19.399 All right, Brandon, the floor is yours, sir. Let's get 72 00:04:19.439 --> 00:04:23.000 into it. Let's break it all down, teach us about finances, bro. 73 00:04:23.879 --> 00:04:26.399 All right, so we'll go ahead, and I just did 74 00:04:26.439 --> 00:04:30.120 a screen share, like I said to John and Jacob 75 00:04:30.160 --> 00:04:33.040 before the show, some of this, A lot of this, 76 00:04:33.240 --> 00:04:35.480 all the functionality stuff we're going to be getting into. 77 00:04:35.560 --> 00:04:39.800 I've done presentations on like a million times, but this 78 00:04:39.800 --> 00:04:42.160 one's going to be kind of unique, especially for like 79 00:04:42.199 --> 00:04:43.759 my listeners and stuff like that. It's going to have 80 00:04:43.800 --> 00:04:47.399 a whole historical breakdown as well. That's going to be new. 81 00:04:47.759 --> 00:04:50.959 So I want to just pre apologize if the history 82 00:04:51.000 --> 00:04:53.319 part is a little bit disjointed, because this is the 83 00:04:53.319 --> 00:04:56.399 first time I'm going to be adding a historical breakdown 84 00:04:56.560 --> 00:04:59.839 into this presentation. But we'll do is we'll just start 85 00:05:00.120 --> 00:05:03.120 with the basics. We're gonna start with you know, what 86 00:05:03.279 --> 00:05:06.720 is money? Where are we now? And then once we 87 00:05:06.800 --> 00:05:09.120 got that, then we're gonna go into a history lesson, 88 00:05:09.160 --> 00:05:10.959 and then after the history lesson, we're gonna come back 89 00:05:11.040 --> 00:05:14.000 and then we're gonna break down functionality, and I'm gonna 90 00:05:14.000 --> 00:05:16.680 teach you how to have literally infinite money by the 91 00:05:16.759 --> 00:05:20.639 end of the show. Okay, So, okay, starting with the 92 00:05:20.680 --> 00:05:24.120 definition of the word money, we're gonna go to Rather 93 00:05:24.160 --> 00:05:25.480 than look it all up in the in the in 94 00:05:25.519 --> 00:05:27.800 the dictionary, which can take some time, we're just gonna 95 00:05:27.839 --> 00:05:30.720 use my website. I have everything cold here. Let me 96 00:05:30.879 --> 00:05:33.040 pull up the definition of the word money. We're gonna 97 00:05:33.079 --> 00:05:37.759 the first definitions comes from the Constitution. Second cost definition comes. 98 00:05:37.439 --> 00:05:40.120 From the Legal Dictionary. 99 00:05:40.600 --> 00:05:44.360 So definition number one, no state shall make anything but 100 00:05:44.519 --> 00:05:50.680 gold and silver coin a tender in payments of debts. Okay, 101 00:05:52.000 --> 00:05:55.519 Definition number two from the Legal Dictionary and usual and 102 00:05:55.800 --> 00:06:01.600 ordinary acceptation. It means gold, silver, or paper used as 103 00:06:01.680 --> 00:06:07.079 a circulating medium of exchange and does not embrace notes, bonds, 104 00:06:07.759 --> 00:06:11.560 evidences of debt, or other personal or real estate. Now 105 00:06:11.600 --> 00:06:16.879 there's a keyword here, this word right here, the word notes. Now, 106 00:06:16.959 --> 00:06:18.319 let's go ahead and take a look at what we 107 00:06:18.360 --> 00:06:21.279 have in our wallet Federal Reserve. 108 00:06:22.000 --> 00:06:23.720 While you're looking that up. As a matter of fact, 109 00:06:23.759 --> 00:06:27.000 as we just brought up silver or gold in that moment, 110 00:06:27.160 --> 00:06:29.439 I should go ahead and give us the shameless plug here. 111 00:06:29.480 --> 00:06:31.360 If you would like to get your start in the 112 00:06:31.439 --> 00:06:33.879 buying and selling and trading of gold and silver bullion 113 00:06:34.120 --> 00:06:36.680 LinkedIn the description below, go check us out at coecsilver 114 00:06:36.800 --> 00:06:39.120 dot com. It is the best place to get started. 115 00:06:39.319 --> 00:06:42.079 The products are great, the prices are cut rate as 116 00:06:42.120 --> 00:06:45.920 compared to other dealers. Come check us out ceocsilver dot com. 117 00:06:46.040 --> 00:06:46.519 Back to the. 118 00:06:46.480 --> 00:06:49.639 Show, Yeah, I have silver coins. A friend of mine 119 00:06:49.680 --> 00:06:52.680 creates customs silver coins. I have stacks and stacks, and 120 00:06:53.000 --> 00:06:56.480 I have special things. I have gold coins, I have 121 00:06:56.720 --> 00:06:59.360 old bonds from the. 122 00:06:59.759 --> 00:07:02.319 Silk War, I have gold backs. 123 00:07:03.040 --> 00:07:06.800 So I fully immerse myself in all this, and I 124 00:07:06.879 --> 00:07:09.360 totally space that you guys sell gold and silver coins. 125 00:07:09.399 --> 00:07:13.680 Everyone should be buying and selling and trading gold and 126 00:07:13.720 --> 00:07:16.560 silver coins. You'll want to a lot more by the 127 00:07:16.639 --> 00:07:19.279 end of the show. It's it's the best investment you 128 00:07:19.279 --> 00:07:21.600 can possibly make. So I totally agree with that one 129 00:07:21.639 --> 00:07:25.920 hundred percent. So absolutely with that said, what do we 130 00:07:25.959 --> 00:07:28.360 see here. We've got ourselves a Federal reserve note on 131 00:07:28.399 --> 00:07:30.800 the screen. It doesn't take a rocket scientist to figure 132 00:07:30.839 --> 00:07:34.040 out that the word note is inside of the term 133 00:07:34.120 --> 00:07:37.519 Federal reserve note. Let's go back to the definition of 134 00:07:37.519 --> 00:07:40.199 money does not embrace notes. 135 00:07:41.079 --> 00:07:43.879 Now, on that same note, it said this note is 136 00:07:44.079 --> 00:07:47.279 legal tender, right, and correct me if I'm wrong. That 137 00:07:47.399 --> 00:07:49.759 does stem back from back in the day when a 138 00:07:49.879 --> 00:07:53.160 dollar was backed by a dollars amount of gold, or 139 00:07:53.160 --> 00:07:55.079 at least that's what we were told, right. 140 00:07:55.399 --> 00:07:56.560 Yeah, we're going to get into all that. 141 00:07:56.560 --> 00:07:59.319 That's the historical part that I think is something that 142 00:07:59.480 --> 00:08:02.079 needs to get added to my presentation because it's like, 143 00:08:02.120 --> 00:08:03.959 how the hell Because when I when I start showing 144 00:08:04.000 --> 00:08:06.000 you where we're at and how it works, your mind's 145 00:08:06.079 --> 00:08:09.000 going to be so fucked And I think how we 146 00:08:09.079 --> 00:08:13.040 got here is a seriously like missing piece of my presentation. 147 00:08:13.199 --> 00:08:15.879 Even though it extends the length of my presentation dramatically, 148 00:08:15.920 --> 00:08:17.079 I just think that it's going to be a lot 149 00:08:17.120 --> 00:08:19.959 better presentation. So we'll get into all that, for sure. 150 00:08:20.000 --> 00:08:21.959 I think this is going to be a huge upgrade 151 00:08:21.959 --> 00:08:23.319 for me personally. 152 00:08:23.519 --> 00:08:25.399 So so so. 153 00:08:25.399 --> 00:08:27.800 So, Yes, you have the term lawful money, and then 154 00:08:27.800 --> 00:08:30.199 you have the term legal tender, right, and we're going 155 00:08:30.240 --> 00:08:32.559 to get into all those various terms and stuff like that. 156 00:08:32.600 --> 00:08:34.960 But essentially, to keep it simple, lawful money is gold 157 00:08:35.000 --> 00:08:40.320 and silver coins. Legal tender is other things, and there's 158 00:08:40.440 --> 00:08:44.080 very few people in this world, even attorneys and finance 159 00:08:44.080 --> 00:08:47.440 attorneys and people on Wall Street. You ask them, Okay, 160 00:08:47.480 --> 00:08:51.879 well what else? What else would legal tender? What all 161 00:08:51.919 --> 00:08:54.879 does legal tender include? And no one can answer that question, 162 00:08:54.879 --> 00:08:58.840 and it took me years to figure it out. So 163 00:08:58.840 --> 00:09:02.279 so if we go to so what is the area? 164 00:09:02.600 --> 00:09:07.399 So if these things aren't money, if notes are not money, 165 00:09:07.440 --> 00:09:08.000 what are they? 166 00:09:08.480 --> 00:09:08.679 Right? 167 00:09:08.720 --> 00:09:13.639 And the answer to the question is they are called negotiable. 168 00:09:14.639 --> 00:09:18.639 Instruments. And you can say and you can say. 169 00:09:18.480 --> 00:09:24.759 Securities, securities, negotiable instruments. It's it's kind of a similar idea. 170 00:09:24.919 --> 00:09:25.039 Right. 171 00:09:25.120 --> 00:09:29.279 Negotiable instruments are mainly governed by state statutory law. Every 172 00:09:29.279 --> 00:09:34.000 state has adopted Article three of the Uniform Commercial Code, right, So. 173 00:09:35.600 --> 00:09:37.440 We're just going to hop into this for just a moment. 174 00:09:37.559 --> 00:09:38.480 You see C three. 175 00:09:39.720 --> 00:09:44.399 So the Uniform Commercial Code is basically the code that 176 00:09:44.559 --> 00:09:48.759 is basically adopted at the state level, and the area 177 00:09:48.919 --> 00:09:51.919 inside that code that deals with these things that we 178 00:09:52.000 --> 00:09:56.960 exchange as currency, which aren't money but they are legal tender, 179 00:09:57.720 --> 00:10:01.559 is called negotiable instruments. We're going to look at Article three. 180 00:10:01.840 --> 00:10:08.039 This is the entire manual. So if someone said Brandon 181 00:10:08.120 --> 00:10:11.679 what's the entire bible or manual of our currency supply. 182 00:10:12.039 --> 00:10:14.919 You are looking at it right now, Part one, Part two, 183 00:10:15.720 --> 00:10:22.559 Part three, Part four, Part five, Part six. This is 184 00:10:23.679 --> 00:10:26.600 if you were to read these six parts of Article 185 00:10:26.639 --> 00:10:30.559 three of the Uniform Commercial Code, you would know more 186 00:10:30.720 --> 00:10:33.879 than anybody else on the planet involving financials. And I 187 00:10:33.919 --> 00:10:37.360 have a six part series on YouTube called a Journey 188 00:10:37.399 --> 00:10:41.799 into UCC three, and it's six parts because each individual 189 00:10:41.879 --> 00:10:44.679 video goes over part one, part two, three, four, five, 190 00:10:44.720 --> 00:10:45.120 and six. 191 00:10:45.399 --> 00:10:48.440 So if we do these things in specific, then yeah. 192 00:10:48.080 --> 00:10:51.600 So we go through every single sub section and every 193 00:10:51.679 --> 00:10:55.240 single paragraph and sentence inside of every single subsection. So 194 00:10:55.279 --> 00:10:57.960 it's like probably seven or eight hours total worth of video. 195 00:10:58.600 --> 00:11:00.200 We're not going to be getting into that kind of 196 00:11:00.200 --> 00:11:03.120 a depth on this show. But then there's also another 197 00:11:03.320 --> 00:11:06.720 video that I did later called post Course video number one, 198 00:11:07.320 --> 00:11:10.399 where I created a flow chart which came afterwards, which 199 00:11:10.399 --> 00:11:12.600 we are going to need for this presentation. So we'll 200 00:11:12.639 --> 00:11:16.639 go down to the UCC three flow chart. This is 201 00:11:16.679 --> 00:11:19.080 what we're going to be going through in this show 202 00:11:19.159 --> 00:11:21.200 in detail. Is this flow chart right here? Let me 203 00:11:21.240 --> 00:11:25.240 just get this A good setting right here looks pretty good, 204 00:11:25.559 --> 00:11:27.240 but we're not going to get into this quite yet. 205 00:11:28.159 --> 00:11:32.639 We're gonna hit the history lesson first. Okay, So going 206 00:11:32.679 --> 00:11:36.480 back to UCC article three, if we click on three 207 00:11:36.559 --> 00:11:40.159 dash one h two subject matter, they're very clear about this. 208 00:11:40.159 --> 00:11:43.919 This article applies to negotiable instruments. It does not apply 209 00:11:44.039 --> 00:11:48.519 to money. So they're very clear. Money and negotiable instruments 210 00:11:48.559 --> 00:11:51.840 are two totally different things. So what is money? 211 00:11:52.840 --> 00:11:54.840 Uh? You know what? 212 00:11:55.720 --> 00:12:05.120 What is the original definition and legal definition of money 213 00:12:05.639 --> 00:12:09.840 from back when we had silver coins? 214 00:12:10.320 --> 00:12:15.039 Okay, it comes from the Coinage Act. I don't know. 215 00:12:15.600 --> 00:12:18.720 I don't think that's because that's pretty late. We would 216 00:12:18.759 --> 00:12:20.879 need something way earlier than that. 217 00:12:21.440 --> 00:12:28.519 Yeah, this is probably more realistic seventeen ninety two. But anyways, 218 00:12:28.919 --> 00:12:31.200 I this is part of the history lesson. I'm not 219 00:12:31.240 --> 00:12:32.919 too sure where I would start with this. I definitely 220 00:12:32.960 --> 00:12:37.960 wouldn't started eighteen seventy three. That's way too late. But anyways, 221 00:12:38.480 --> 00:12:46.879 definition how much weight of fine silver is a legal 222 00:12:47.639 --> 00:12:49.519 definition for dollar? 223 00:12:52.080 --> 00:12:54.600 There we go, seventeen ninety two. Perfect, let's take that one. 224 00:12:54.679 --> 00:12:57.279 So it's so the definition of a dollar from the 225 00:12:57.320 --> 00:13:02.039 original original Coinage Act. This is actually even to this day, 226 00:13:02.039 --> 00:13:04.440 it's still the same, even though we use it for 227 00:13:04.519 --> 00:13:07.120 fiat it's you clearly can't use the word dollar when 228 00:13:07.120 --> 00:13:07.879 it comes to fiat. 229 00:13:07.919 --> 00:13:09.679 It's kind of a joke, right, there's nothing there. 230 00:13:10.200 --> 00:13:14.679 But anyways, the original name for a dollar is three 231 00:13:14.759 --> 00:13:18.639 hundred and seventy one point two five grains of what's 232 00:13:18.679 --> 00:13:20.799 called fine silver, which they don't put it here. 233 00:13:21.039 --> 00:13:24.399 Fine silver is point nine or above. 234 00:13:24.759 --> 00:13:27.000 Right, and then that would be for anybody who's curious 235 00:13:27.039 --> 00:13:30.759 that it's point seven to seven troy ounces, so little 236 00:13:30.799 --> 00:13:33.519 over three quarters of the troy ounce perfect. 237 00:13:33.559 --> 00:13:36.480 So that's basically what the original version of what a 238 00:13:36.519 --> 00:13:39.200 dollar is when it comes to money. But we aren't 239 00:13:39.200 --> 00:13:40.679 going to be talking about money a whole lot in 240 00:13:40.720 --> 00:13:43.559 this show. We're gonna be talking about negotiable instruments because that's. 241 00:13:43.399 --> 00:13:44.600 What we are using. 242 00:13:44.799 --> 00:13:47.240 That's what we have. We just don't realize that people 243 00:13:47.240 --> 00:13:50.799 think it's money. It's not money. Gold and silver coins 244 00:13:50.960 --> 00:13:53.559 are money, and they have to be within a specific 245 00:13:54.759 --> 00:13:58.039 you know, if it's fifty percent silver, then it wouldn't 246 00:13:58.080 --> 00:14:01.399 be considered fine silver, it wouldn't technically be considered money. 247 00:14:01.440 --> 00:14:04.440 So money is actually even more specific than the idea 248 00:14:04.480 --> 00:14:06.279 of a gold or silver coin. It's a gold or 249 00:14:06.320 --> 00:14:10.600 silver coin of certain weight, of certain grains, of certain ounces, 250 00:14:10.639 --> 00:14:13.879 and then also of certain percentage of pure silver or 251 00:14:13.919 --> 00:14:16.279 pure gold. And if you guys want to go and 252 00:14:16.360 --> 00:14:18.399 down that rabbit hole, then I will just let that. 253 00:14:18.840 --> 00:14:19.919 Let people do that on their own. 254 00:14:20.000 --> 00:14:24.679 So with that said, going back to UCC Article three, 255 00:14:25.120 --> 00:14:28.799 so they already said that this article applies to negotiable instruments. 256 00:14:28.840 --> 00:14:31.480 It does not apply to money. We've pretty much already 257 00:14:31.519 --> 00:14:33.399 covered now what money is. You've got that down. So 258 00:14:33.519 --> 00:14:38.799 what is negotiable instrument? Negotiable instrument is defined in UC 259 00:14:38.960 --> 00:14:42.440 see Article three, Section one oh four. It's defined as 260 00:14:42.600 --> 00:14:45.679 an unconditional promise or order to pay. 261 00:14:46.240 --> 00:14:47.840 And as you can see, it goes on and on 262 00:14:47.879 --> 00:14:48.720 and on and on and on. 263 00:14:48.759 --> 00:14:50.799 I'm gonna lose the audience if I go this far. 264 00:14:50.919 --> 00:14:53.600 So we're just gonna stick with that because that's. Yes, 265 00:14:53.679 --> 00:14:56.799 there's more to this, but I'm telling you you're you're 266 00:14:56.960 --> 00:15:01.080 ninety five ninety ninety two percent of the way there 267 00:15:01.440 --> 00:15:05.279 just by the highlighted words here. We can get into 268 00:15:05.320 --> 00:15:06.919 it more in depth, but we're gonna do it later 269 00:15:06.960 --> 00:15:08.279 in the show. We're not gonna do it now. The 270 00:15:08.320 --> 00:15:10.879 simple fact for now, it's going to get you to 271 00:15:10.960 --> 00:15:14.679 the end of the football field. A negotiable instrument means 272 00:15:15.120 --> 00:15:17.600 one of two things, or it could be both. An 273 00:15:17.679 --> 00:15:20.960 unconditional promise or order to pay. 274 00:15:21.600 --> 00:15:24.039 Now, is this the same as a promisory note or 275 00:15:24.080 --> 00:15:25.600 is that a completely different thing entirely? 276 00:15:25.879 --> 00:15:28.799 That's exactly correct. So an unconditional promise to pay is 277 00:15:28.840 --> 00:15:32.919 called a note. An unconditional order to pay is called 278 00:15:33.000 --> 00:15:36.120 a draft or bill or bill of exchange. When you 279 00:15:36.120 --> 00:15:38.720 get a bill in the mail to pay your utilities, 280 00:15:39.360 --> 00:15:44.279 it's an unconditional order to pay. And what nobody realizes, 281 00:15:44.279 --> 00:15:47.840 and it's very shocking, is that that all bills are 282 00:15:48.120 --> 00:15:54.159 negotiable instruments. Federal Reserve notes are also negotiable instruments. They 283 00:15:54.200 --> 00:15:56.480 say the word note right on it. The word note 284 00:15:56.759 --> 00:15:59.159 is a short shortening of the word of the term 285 00:15:59.200 --> 00:16:05.080 promissory note. So money, gold and silver coins of a 286 00:16:05.080 --> 00:16:10.639 certain denomination and weight and pureness, negotiable instruments or legal 287 00:16:10.720 --> 00:16:16.080 tender is only two things. Number one is an unconditional 288 00:16:16.120 --> 00:16:18.840 promise to pay, otherwise known as a promisory note. Number 289 00:16:18.879 --> 00:16:21.279 two is an unconditional order to pay, otherwise known as 290 00:16:21.320 --> 00:16:23.399 a draft or bill or bill of exchange. 291 00:16:23.440 --> 00:16:27.519 That's it. That's the whole thing. What we've already gotten. 292 00:16:28.000 --> 00:16:34.080 We're now the boat's sailing, We're out of the dock. Now, Okay, Now, basically, 293 00:16:34.879 --> 00:16:38.200 as most people realize, we don't have any money anywhere. 294 00:16:39.440 --> 00:16:41.919 So the first question is before we get into how 295 00:16:41.960 --> 00:16:44.559 negotiable instruments work, and before we get into the flow chart, 296 00:16:45.320 --> 00:16:47.240 I wanted to add in here, how on the fuck 297 00:16:47.279 --> 00:16:47.919 did we get here? 298 00:16:48.120 --> 00:16:48.639 Basically? 299 00:16:48.840 --> 00:16:51.919 Right, right, So one of the things that I wanted 300 00:16:51.960 --> 00:16:54.639 to this is kind of where my new stuff kind 301 00:16:54.639 --> 00:16:56.360 of comes from. And I'm kind of working on putting 302 00:16:56.360 --> 00:16:59.399 all this together. So if we go back to the 303 00:16:59.559 --> 00:17:03.159 legal cases, right, this is way back around the same 304 00:17:03.200 --> 00:17:06.519 time that the fourteenth Amendment came around, right, So there 305 00:17:06.559 --> 00:17:09.960 was a time where and you can look at the 306 00:17:10.000 --> 00:17:14.960 cases here, let's do it. Wikipedia says, right, this is 307 00:17:15.000 --> 00:17:21.039 talking about the constitutionality of paper money. And during this time, 308 00:17:21.160 --> 00:17:23.759 it might have been just before this or around this time, 309 00:17:23.960 --> 00:17:27.839 there was a time when we came off the silver 310 00:17:28.000 --> 00:17:32.599 and gold standard temporarily for some sort of an emergency. 311 00:17:33.519 --> 00:17:40.599 What kind of financial emergency was going on around the 312 00:17:40.880 --> 00:17:44.640 time of the legal tender cases. 313 00:17:44.839 --> 00:17:47.480 Let's see if I can figure it, like piece this together. 314 00:17:47.279 --> 00:17:53.039 Right, Okay, so the desperate need to finance the Civil War. Okay, good, 315 00:17:53.240 --> 00:17:56.599 so we had the greenbacks. So what happened was during 316 00:17:56.599 --> 00:18:00.480 this time we came off the silver and gold standard 317 00:18:00.640 --> 00:18:04.519 and we just had negotiable instruments for a while. I 318 00:18:04.559 --> 00:18:08.759 want to say, right around this time period eighteen sixty 319 00:18:08.799 --> 00:18:14.359 two to eighteen seventy, when did we go back on 320 00:18:14.640 --> 00:18:19.519 the silver and gold standard after. 321 00:18:20.880 --> 00:18:23.759 The legal tender cases? 322 00:18:24.039 --> 00:18:25.799 Now, I think it'd be right after the Civil War, 323 00:18:25.920 --> 00:18:28.559 but I mean, honestly, who's to say, right. 324 00:18:29.039 --> 00:18:32.680 I think it was. I would need to do a 325 00:18:32.680 --> 00:18:33.880 little bit more research on this. 326 00:18:33.960 --> 00:18:36.559 But then the other side of that is the reconstruction 327 00:18:37.240 --> 00:18:40.319 needed money, and seeing is how the entire nation just 328 00:18:40.359 --> 00:18:43.000 blew the shit out of itself in a war. I 329 00:18:43.000 --> 00:18:46.559 could see that being a series of IOUs being exchanged 330 00:18:46.599 --> 00:18:50.440 from north and south in order to kind of kickstart 331 00:18:50.480 --> 00:18:52.799 the economy in that regard. So I could see it 332 00:18:52.839 --> 00:18:55.119 going to where it kind of postpartum that a bit 333 00:18:55.160 --> 00:18:57.920 to where it was like, you know, maybe even eighteen eighties, 334 00:18:58.119 --> 00:19:01.799 eighteen nineties, maybe the California gold Rush, that situation where 335 00:19:01.799 --> 00:19:04.200 it was like, okay, now we have gold to back 336 00:19:04.200 --> 00:19:06.079 all the IOUs we've been writing for the past couple 337 00:19:06.119 --> 00:19:08.119 of decades. I could see that going that way that 338 00:19:08.720 --> 00:19:11.039 I can't speak, I could see it going that way 339 00:19:11.119 --> 00:19:12.839 as well. 340 00:19:13.039 --> 00:19:17.279 Yeah, so I think it was right around eighteen seventy one, 341 00:19:17.440 --> 00:19:20.200 because we have here on this Investipedia article from eighteen 342 00:19:20.240 --> 00:19:24.799 seventy one to nineteen fourteen. The gold standard was at 343 00:19:24.839 --> 00:19:29.279 its pinnacle. During this period, near ideal political conditions existed 344 00:19:29.720 --> 00:19:34.000 among most countries including Australia, Canada, New Zealand, and India 345 00:19:34.319 --> 00:19:37.400 that instituted the gold standard. However, this all changed with 346 00:19:37.480 --> 00:19:41.480 the outbreak of the Great War in nineteen fourteen. Obviously, 347 00:19:42.240 --> 00:19:44.640 you know your audience probably knows as well that nineteen 348 00:19:44.759 --> 00:19:47.160 thirteen was when the Federal Reserve was opened as well. 349 00:19:47.200 --> 00:19:49.839 So we have both those things occurring at that time period, right, 350 00:19:49.960 --> 00:19:53.359 the fall of the gold standard, right, So what happened 351 00:19:53.480 --> 00:19:58.440 was so then we went back on the silver and 352 00:19:58.480 --> 00:20:01.079 gold standard after coming off of it for the legal 353 00:20:01.119 --> 00:20:04.000 tender cases and that time period, right, So we were 354 00:20:04.000 --> 00:20:07.400 actually back on the silver and gold standard. Now, at 355 00:20:07.400 --> 00:20:11.400 that time, we had promissory notes, we had bills of exchange. 356 00:20:11.519 --> 00:20:15.839 You could transfer promissory notes as cash in society. The 357 00:20:15.920 --> 00:20:20.599 oldest case that I've ever seen talking about that. Just 358 00:20:20.680 --> 00:20:23.119 to pull that up for just a moment, I think 359 00:20:23.119 --> 00:20:26.240 that's an important thing, promise sor Let's. 360 00:20:26.039 --> 00:20:30.480 See and what is this website here? This is your website, This. 361 00:20:30.480 --> 00:20:31.240 Is my website. 362 00:20:31.279 --> 00:20:33.799 I just have a bunch of different cases and stuff 363 00:20:33.799 --> 00:20:34.359 called together. 364 00:20:34.519 --> 00:20:36.119 So I'm just going through the is real quick to. 365 00:20:36.119 --> 00:20:39.960 Find Williams and Williams Law Firm dot com in case 366 00:20:40.000 --> 00:20:41.920 anybody was curious and want us to do a little 367 00:20:41.960 --> 00:20:42.680 digging on their own. 368 00:20:43.720 --> 00:20:44.039 Yeah. 369 00:20:44.079 --> 00:20:47.720 So we have things about negotiable instruments all the way 370 00:20:47.720 --> 00:20:50.559 back here in eighteen fifty talking about how bills of 371 00:20:50.599 --> 00:20:54.839 exchange can be transferred as currency or cash. We have 372 00:20:54.960 --> 00:20:58.640 this one here eighteen forty two Swift versus Tyson forty 373 00:20:58.640 --> 00:21:02.160 one US one. The debtor also has the advantage of 374 00:21:02.160 --> 00:21:06.400 making his negotiable securities of equivalent value to cash. So 375 00:21:06.440 --> 00:21:08.200 you got to realize, even that we were on the 376 00:21:08.200 --> 00:21:11.039 gold and silver standard during these years, there was still 377 00:21:11.279 --> 00:21:13.640 promissory notes and all these other things. So it was 378 00:21:14.039 --> 00:21:17.920 all these different ways that people could pay. It wasn't 379 00:21:18.039 --> 00:21:20.759 like there was no promisory notes, there were no bills 380 00:21:20.759 --> 00:21:23.319 of exchange. It was all of it all together all 381 00:21:23.400 --> 00:21:24.200 at the same time. 382 00:21:24.400 --> 00:21:24.759 Okay. 383 00:21:26.200 --> 00:21:30.640 So then in nineteen thirty three we have the outbreak 384 00:21:30.680 --> 00:21:33.559 of what's called the Emergency Banking Act. 385 00:21:34.480 --> 00:21:36.720 Right, the Great Depression had just happened, and all the 386 00:21:36.759 --> 00:21:39.640 banks were scared, all the world's finances were in the shitter. 387 00:21:40.000 --> 00:21:40.559 I'm with you. 388 00:21:41.400 --> 00:21:45.359 So in the Emergency Banking Act is when they basically 389 00:21:45.480 --> 00:21:51.079 did the whole, the whole gold abrogation and they made 390 00:21:51.079 --> 00:21:54.000 everybody turn in all of their gold and silver coins. 391 00:21:54.480 --> 00:22:00.279 Gold Abrogation Act posters. See if we can find one 392 00:22:00.680 --> 00:22:01.519 that's it right there. 393 00:22:02.519 --> 00:22:04.880 Let's see if we can pull this up. Let's see 394 00:22:04.880 --> 00:22:09.920 if we can pull this up here, here we go. Perfect. 395 00:22:11.400 --> 00:22:14.039 So in nineteen thirty three, we have what's called the 396 00:22:14.039 --> 00:22:16.839 Gold Abrogation Act, right, and we can see a photo 397 00:22:16.880 --> 00:22:17.400 of it here. 398 00:22:17.839 --> 00:22:19.960 Let's see if I can full screen this. Perfect. 399 00:22:20.759 --> 00:22:23.920 So, all persons are required to deliver on or before 400 00:22:24.039 --> 00:22:27.039 May first, nineteen thirty three, all gold coin, gold bullion, 401 00:22:27.119 --> 00:22:30.279 and gold certificates now owned by them to a Federal 402 00:22:30.400 --> 00:22:35.240 Reserve Bank branch or agency, or to any member bank of. 403 00:22:35.200 --> 00:22:36.759 The Federal Reserve System. 404 00:22:38.440 --> 00:22:42.359 Pretty creepy figuring that the Federal Reserve is a privately 405 00:22:42.400 --> 00:22:47.000 owned company. Which I just found an actual court case 406 00:22:47.440 --> 00:22:49.480 at the Supreme Court where they actually say that in 407 00:22:49.519 --> 00:22:53.599 black and white for anyone who is thinking, you know, 408 00:22:57.279 --> 00:22:58.359 you know, I know a lot of people have seen 409 00:22:58.359 --> 00:22:59.759 a lot of information on that, but. 410 00:23:00.599 --> 00:23:02.359 Let me see if I can find it real quick. 411 00:23:03.680 --> 00:23:04.160 Here it is. 412 00:23:05.599 --> 00:23:07.839 That was wild that that was a fucking executive order. 413 00:23:07.880 --> 00:23:09.920 By the way, did you see that on there? It's like, 414 00:23:10.039 --> 00:23:11.519 oh my god. 415 00:23:11.720 --> 00:23:13.519 Yeah, if your was kind of a piece of shit, 416 00:23:14.039 --> 00:23:16.920 but uh yeah, he basically signed this executive order and 417 00:23:16.960 --> 00:23:20.640 told all American citizens, Hey, I know that your great 418 00:23:20.680 --> 00:23:23.839 grandfather might have had some luck and a gold mine 419 00:23:23.839 --> 00:23:25.519 back in the day, and you're holding on to some 420 00:23:25.559 --> 00:23:27.519 of that. Yeah, we're gonna need you go ahead and 421 00:23:27.519 --> 00:23:29.359 turn it in, and if you don't, then you're now 422 00:23:29.440 --> 00:23:30.680 a federal criminal. 423 00:23:31.359 --> 00:23:35.079 And by the way, the last episode that we did 424 00:23:35.079 --> 00:23:38.160 all about US citizenship and the slaughterhouse cases and all that, 425 00:23:39.119 --> 00:23:41.079 none of that really applies to any of this. It's 426 00:23:41.119 --> 00:23:45.519 totally a separate thing. This This is the only part 427 00:23:45.759 --> 00:23:48.920 of this presentation I can think of where that does apply. 428 00:23:49.079 --> 00:23:52.359 Because this executive order only applies to US citizens. 429 00:23:52.920 --> 00:23:53.359 That's fair. 430 00:23:53.799 --> 00:23:58.440 This this executive order never applied to state citizens. 431 00:23:58.039 --> 00:24:01.200 But everyone every by the point it had. 432 00:24:01.039 --> 00:24:06.400 Already been sixty years where we had had a little 433 00:24:06.400 --> 00:24:08.160 bit less than sixty years where we had already had 434 00:24:08.200 --> 00:24:12.240 the US citizen category. So obviously by nineteen thirty three 435 00:24:12.279 --> 00:24:16.559 people were already confused as to what US citizen meant 436 00:24:16.920 --> 00:24:20.559 and what a state citizen was. So you can tell 437 00:24:20.599 --> 00:24:24.799 by this because if people would have known what Samuel 438 00:24:24.799 --> 00:24:28.160 Freeman Miller said in the Slaughterhouse cases in eighteen seventy three, 439 00:24:29.559 --> 00:24:31.480 this doesn't apply to most of the country. It only 440 00:24:31.519 --> 00:24:34.680 applied to employees of the government and stuff like that. 441 00:24:34.720 --> 00:24:37.680 But obviously no one knew that because everyone turned their 442 00:24:37.680 --> 00:24:38.039 gold in. 443 00:24:38.160 --> 00:24:38.400 Right. 444 00:24:39.319 --> 00:24:44.119 So with that said, here's a John L. Lewis versus 445 00:24:44.160 --> 00:24:46.200 United States of America from the Ninth circ Court of 446 00:24:46.200 --> 00:24:47.559 Appeals from nineteen eighty two. 447 00:24:47.960 --> 00:24:49.359 This is a direct quote from the case. 448 00:24:49.519 --> 00:24:53.720 Examining the organization and function of the Federal Reserve Banks 449 00:24:54.039 --> 00:24:57.200 and applying the relevant factors, we conclude that the reserve 450 00:24:57.279 --> 00:25:05.319 banks are not federal instrumentalities for purposes of the FTCA. FTCA, 451 00:25:05.960 --> 00:25:09.119 which stands for the Federal Tort Claims Act. When you're 452 00:25:09.160 --> 00:25:11.759 filing a torque claim against a government agency, which is 453 00:25:11.799 --> 00:25:14.559 what the guy did in this case, they're basically saying 454 00:25:14.680 --> 00:25:20.000 he can't use the FTCA because but but our independent, 455 00:25:20.119 --> 00:25:23.759 privately owned and locally controlled corporations. 456 00:25:24.599 --> 00:25:25.119 Wow. 457 00:25:25.359 --> 00:25:27.599 And this is straight out of the Ninth the Ninth 458 00:25:27.599 --> 00:25:29.480 Circuit Court of Appeals. You guys can look up this 459 00:25:29.559 --> 00:25:31.359 case and you guys. 460 00:25:31.519 --> 00:25:34.079 Two, this is not back right after the Civil War 461 00:25:34.119 --> 00:25:36.799 in nineteen eighty two, the court case showed that the 462 00:25:36.839 --> 00:25:42.200 Federal Reserve Banks are independent, privately owned, and locally controlled corporations. 463 00:25:42.279 --> 00:25:44.240 Holy shit. Yeah. 464 00:25:44.519 --> 00:25:46.880 So basically what was happening during that time, which is 465 00:25:46.880 --> 00:25:50.839 pretty shocking, is our government was telling everyone and it 466 00:25:50.880 --> 00:25:52.920 was only US citizens, but no one knew that it 467 00:25:52.960 --> 00:25:57.160 included state didn't include state citizens, to turn all their 468 00:25:57.200 --> 00:26:02.839 gold coin into a privately owned and locally controlled corporation 469 00:26:03.039 --> 00:26:08.160 called the Federal Reserve Bank. So at that time, all 470 00:26:08.200 --> 00:26:10.119 the gold and silver came out. 471 00:26:10.039 --> 00:26:13.319 Of the. 472 00:26:12.759 --> 00:26:16.599 You know, you know whatever. And then we have this 473 00:26:16.640 --> 00:26:19.559 thing called HGR one ninety two, which people have talked 474 00:26:19.559 --> 00:26:24.119 about a lot. This is basically a House Joint resolution 475 00:26:24.559 --> 00:26:26.480 where they're talking about what they're going to do. They're 476 00:26:26.480 --> 00:26:28.759 going to take out all the gold and silver. It's 477 00:26:28.759 --> 00:26:32.359 basically what they're doing is they're doing the whole legal 478 00:26:32.440 --> 00:26:35.440 tender cases thing that they did during the Civil War again. 479 00:26:35.519 --> 00:26:36.440 It's the same thing. 480 00:26:36.960 --> 00:26:40.000 They're just doing it again. Right, So what is it 481 00:26:40.559 --> 00:26:43.000 that they were talking about during this time period? What 482 00:26:43.519 --> 00:26:48.000 is it from the House Joint resolution? What did they 483 00:26:48.000 --> 00:26:50.519 actually have to say about this? I have it here 484 00:26:52.000 --> 00:26:54.240 on this flow chart, which is a different float chart. 485 00:26:54.359 --> 00:26:57.000 I will read it to you. So this is a 486 00:26:57.039 --> 00:27:03.839 direct quote from the the Gold Abrogation Act of nineteen 487 00:27:03.880 --> 00:27:06.400 thirty three. This is from the House Congressional record. I 488 00:27:06.480 --> 00:27:09.880 just have it copying and pasted here. So this is 489 00:27:09.880 --> 00:27:12.079 what they say. They say under the new law, the 490 00:27:12.160 --> 00:27:15.960 money is issued to the banks in return for government obligations, 491 00:27:16.279 --> 00:27:23.240 bills of exchange, drafts, notes, trade acceptances, and bankers acceptances. 492 00:27:23.680 --> 00:27:25.680 The money will be worth one hundred cents on the 493 00:27:25.720 --> 00:27:28.359 dollar because it is backed by the credit of the nation. 494 00:27:28.559 --> 00:27:30.119 And this is the part where it gets really creepy. 495 00:27:31.160 --> 00:27:34.480 It will represent a mortgage on all the homes and 496 00:27:34.599 --> 00:27:37.559 other property of all the people in the nation. 497 00:27:38.559 --> 00:27:41.480 I'm kind of confused on that one. Break that down 498 00:27:41.480 --> 00:27:42.640 for the layman's please. 499 00:27:43.319 --> 00:27:46.279 So basically, they took all the gold and silver out 500 00:27:46.319 --> 00:27:48.000 in nineteen thirty three. It was supposed to be a 501 00:27:48.039 --> 00:27:50.079 temporary thing, which we're going to get into in a 502 00:27:50.119 --> 00:27:52.680 moment as to how it wasn't temporary. It was supposed 503 00:27:52.680 --> 00:27:56.519 to be, but it never was. And they basically converted 504 00:27:56.559 --> 00:28:00.440 everything over to notes and bills of exchange and negotiable truments, 505 00:28:00.480 --> 00:28:05.279 and then those negotiable instruments represent a mortgage on all 506 00:28:05.279 --> 00:28:07.799 the homes and other property of all the people in 507 00:28:07.839 --> 00:28:10.000 the nation, so. 508 00:28:10.000 --> 00:28:12.359 Basically the government. 509 00:28:12.759 --> 00:28:15.319 And I'll explain how that works, right because if you 510 00:28:15.440 --> 00:28:18.160 look at you know, nineteen thirty three was the Emergency 511 00:28:18.160 --> 00:28:23.799 Banking Act, Well what came right after the Emergency Banking Act? 512 00:28:25.359 --> 00:28:25.839 Not sure? 513 00:28:25.920 --> 00:28:28.960 Honestly, there was a few things the Social Security Act 514 00:28:29.200 --> 00:28:35.440 A nineteen thirty five got you. So the way that 515 00:28:35.519 --> 00:28:38.480 you can figure this out, and again I do apologize 516 00:28:38.640 --> 00:28:42.160 my first time doing this historical breakdown, so it might 517 00:28:42.160 --> 00:28:45.160 be a bit disjointed, but I hope everybody's having some 518 00:28:45.200 --> 00:28:47.319 fun with this because I definitely want to keep going 519 00:28:47.319 --> 00:28:50.519 on this. So, so what happened was is they use 520 00:28:50.640 --> 00:28:55.680 Social Security to back all of this, And I'll prove 521 00:28:55.720 --> 00:28:57.160 that to you right now. If we go to I 522 00:28:57.200 --> 00:28:58.519 don't know if I showed you this in the last 523 00:28:58.519 --> 00:29:02.920 show twenty see if are four to two two dot 524 00:29:02.960 --> 00:29:06.720 one oh four who can be assigned a Social Security number? 525 00:29:06.759 --> 00:29:08.000 Did I show you guys this last time? 526 00:29:08.640 --> 00:29:10.759 You may have but refresh on our memories, please. 527 00:29:11.359 --> 00:29:13.960 We can assign you a social Security number if you 528 00:29:14.359 --> 00:29:17.119 meet the evidence requirements in four two two dot one 529 00:29:17.119 --> 00:29:19.079 oh seven and and then it goes into all these 530 00:29:19.119 --> 00:29:20.920 details as to what you have to have or be 531 00:29:21.079 --> 00:29:24.920 to get a social Security number. Anything that's blue and 532 00:29:25.000 --> 00:29:28.000 underlined has a special definition. In this section, you can 533 00:29:28.039 --> 00:29:31.720 see that the word you obviously has a clickable definition. 534 00:29:31.759 --> 00:29:34.519 We're going to click on that. This comes from twenty 535 00:29:34.599 --> 00:29:37.200 CFR four two two dot four O two, which is 536 00:29:37.240 --> 00:29:41.759 called what special definitions apply to this subpart the definition 537 00:29:41.799 --> 00:29:44.680 of the word you, which is extremely creepy. By the way, 538 00:29:44.759 --> 00:29:46.839 obviously they're trying to pull a fast one on us 539 00:29:46.880 --> 00:29:49.799 on this one. This is this is so fucking obvious. 540 00:29:50.359 --> 00:29:53.599 You means an individual who owes a debt to the 541 00:29:53.720 --> 00:29:56.400 United States within the scope of this subpart. 542 00:29:57.400 --> 00:30:03.559 Wo It's crazy how they just literally they just change definitions. 543 00:30:03.839 --> 00:30:06.359 And this is what most people probably wouldn't even think 544 00:30:06.400 --> 00:30:09.279 to look into. Like whenever the way that you break 545 00:30:09.279 --> 00:30:13.960 it down, each individual word they have an entirely new 546 00:30:14.000 --> 00:30:17.400 meaning for or a different meaning for, which is crazy 547 00:30:17.440 --> 00:30:19.920 because you're talking about law speak as opposed to just 548 00:30:20.000 --> 00:30:22.839 like regular speak. And why would they be so different 549 00:30:22.880 --> 00:30:26.599 and so separated from each other. Well, I mean, would 550 00:30:26.680 --> 00:30:29.400 you say that this is their way of kind of 551 00:30:29.440 --> 00:30:34.240 manipulating everybody is by changing up the verbiage of exactly 552 00:30:34.240 --> 00:30:35.119 what the words mean. 553 00:30:36.519 --> 00:30:38.640 Yeah, and they say straight up. You know, if you 554 00:30:38.680 --> 00:30:38.960 type in. 555 00:30:38.960 --> 00:30:46.519 The internet, why was the emergency banking at past? And 556 00:30:46.559 --> 00:30:50.519 they'll tell you straight up to stabilize the banking system 557 00:30:50.559 --> 00:30:54.799 and restore public confidence during the Great Depression after widespread 558 00:30:54.960 --> 00:30:59.200 bank failures and runs. Runs are basically when everybody goes 559 00:30:59.200 --> 00:31:02.000 to the bank and pulls a cash out. Led to 560 00:31:02.079 --> 00:31:07.720 a crisis of trust in financial institutions. Right, So because 561 00:31:07.759 --> 00:31:10.960 of this was going on, that's why they made everybody 562 00:31:11.039 --> 00:31:14.319 turn in their gold and silver and they converted everything 563 00:31:14.440 --> 00:31:17.400 over to this negotiable instrument system. It was supposed to 564 00:31:17.400 --> 00:31:21.319 be temporary. That's why it's called emergency, right, It's like, 565 00:31:21.359 --> 00:31:23.480 we need to handle this and then once we're done 566 00:31:23.519 --> 00:31:26.160 handling this, we'll go back to the gold and silver standard. 567 00:31:26.200 --> 00:31:28.680 Just like we did with the legal tender cases. So 568 00:31:28.759 --> 00:31:31.319 basically at this time, they were probably saying that in 569 00:31:31.359 --> 00:31:34.079 the media, just like we did in you know, during 570 00:31:34.119 --> 00:31:37.400 the Civil War. Your your your parents or your grandparents 571 00:31:37.480 --> 00:31:39.400 may remember, we went on this thing for a little 572 00:31:39.400 --> 00:31:41.720 while and then we came off of it. Well, we're 573 00:31:41.720 --> 00:31:43.880 gonna do it again. That's I would if I had 574 00:31:43.920 --> 00:31:46.799 to just guess, that's probably what they were doing during 575 00:31:46.839 --> 00:31:51.960 this time period. Okay, So basically they created the whole 576 00:31:51.960 --> 00:31:55.119 Social Security system, because the Social Security system is what 577 00:31:55.319 --> 00:31:57.400 gives the. 578 00:31:57.400 --> 00:31:58.799 Debt we become. 579 00:31:58.880 --> 00:32:01.880 We all become basically debt tours to As they just 580 00:32:01.920 --> 00:32:03.680 showed you, the definition of the word you is somebody 581 00:32:03.680 --> 00:32:06.200 who it was a debt to the United States. So 582 00:32:07.559 --> 00:32:10.559 the new money, it will represent a mortgage on all 583 00:32:10.599 --> 00:32:13.559 the homes and other property of all the people in 584 00:32:13.599 --> 00:32:16.839 the nation. And if I were to continue on and 585 00:32:16.920 --> 00:32:19.799 write more here myself, it would be via the Social 586 00:32:19.799 --> 00:32:24.359 Security Act of nineteen thirty five. That's how this would end, 587 00:32:24.440 --> 00:32:28.599 if I were to end this. Okay, So basically what 588 00:32:28.599 --> 00:32:31.880 we're looking at is we're looking at you know, they 589 00:32:31.880 --> 00:32:34.079 basically got rid of money, and now all we have 590 00:32:34.240 --> 00:32:36.440 is legal tender that's all that's left. 591 00:32:37.079 --> 00:32:38.559 Okay. 592 00:32:38.279 --> 00:32:44.000 So fast forward to nineteen seventy one, and we can 593 00:32:44.039 --> 00:32:47.119 see some various court cases on this. I've been collecting them, 594 00:32:47.319 --> 00:32:48.920 you know, we have some just to kind of give 595 00:32:48.960 --> 00:32:51.119 validity to this. We'll just kind of tap a few 596 00:32:51.119 --> 00:32:55.519 of these just for fun. In nineteen eighty six, we 597 00:32:56.359 --> 00:33:01.799 have a case here, FDIC versus Philadelphia Gear Corp. FDIC concedes, 598 00:33:01.880 --> 00:33:04.519 as it must, that Congress has determined that a promissory 599 00:33:04.599 --> 00:33:10.839 note generally constitutes money or its equivalent. Moreover, that statutory 600 00:33:10.880 --> 00:33:16.279 definition comports with economic reality. Promissory notes typically are negotiable 601 00:33:16.319 --> 00:33:19.359 instruments and therefore readily convertible into cash. 602 00:33:19.720 --> 00:33:21.079 It's funny because. 603 00:33:20.720 --> 00:33:22.359 When you actually start to go down the rabbit holes 604 00:33:22.400 --> 00:33:26.279 as to how this all works, this sentence, these sentences 605 00:33:26.279 --> 00:33:30.279 don't actually make any sense, but still it's very rare 606 00:33:30.480 --> 00:33:32.680 you'll find anything that makes any sense when you start 607 00:33:32.720 --> 00:33:34.839 to go down this rabbit hole, really really deep, because 608 00:33:34.920 --> 00:33:39.920 like cash is, it's just a negotiable instrument in physical form. 609 00:33:40.160 --> 00:33:41.960 There's a little bit more to it, but it's actually 610 00:33:42.039 --> 00:33:45.680 just a really simple definition, right, And we can. 611 00:33:45.599 --> 00:33:48.119 Go down to this. 612 00:33:48.160 --> 00:33:51.119 One's eighteen eighty bills of exchange and promissory notes are 613 00:33:51.160 --> 00:33:55.640 exceptional in their character. They are representatives of money circulating 614 00:33:55.680 --> 00:33:59.079 in the commercial world, as evidence of money of which 615 00:33:59.119 --> 00:34:03.400 any person in lawful possession may avail himself to pay debts, 616 00:34:03.480 --> 00:34:06.839 or make purchases, or make remittances of money from one 617 00:34:06.880 --> 00:34:13.039 country to another or to remote places in the same country. Hence, 618 00:34:13.159 --> 00:34:16.719 as said by story Jay, it has become a general 619 00:34:16.840 --> 00:34:20.360 rule of the commercial world to hold bills of exchange 620 00:34:20.440 --> 00:34:24.239 as in some sort secret instrument in favor of bona 621 00:34:24.239 --> 00:34:26.840 fide holders for a valuable considerate. Anyways, we're getting into 622 00:34:26.880 --> 00:34:29.039 some finance terminology here. We're not going to get into 623 00:34:29.039 --> 00:34:29.480 that quite yet. 624 00:34:29.480 --> 00:34:29.960 But anyways, you. 625 00:34:29.960 --> 00:34:35.719 Can see these things, you know, negotiable instruments, unconditional promises 626 00:34:35.719 --> 00:34:39.159 in orders to pay. These things have been considered essentially 627 00:34:39.239 --> 00:34:42.320 money or damn close to it, or or exchangeable for money, 628 00:34:42.400 --> 00:34:44.800 or or you know whatever for a long time. 629 00:34:44.880 --> 00:34:48.119 This isn't anything new, right. 630 00:34:48.639 --> 00:34:50.800 The debtor, like I said before, the debtor also has 631 00:34:50.840 --> 00:34:54.079 the advantage of making his negotiable securities of equivalent value 632 00:34:54.079 --> 00:34:57.559 to cash. Saying negotiable securities and saying negotiable instruments is 633 00:34:57.599 --> 00:35:01.920 basically the same thing. Realize that Federal Reserve notes are 634 00:35:02.039 --> 00:35:04.599 basically the exact same thing they're trading on Wall Street. 635 00:35:04.639 --> 00:35:06.920 It's the same shit. It's just that people just don't 636 00:35:06.960 --> 00:35:08.480 realize that basically, right. 637 00:35:10.400 --> 00:35:14.840 So just to make clear here, your goal of diving 638 00:35:14.880 --> 00:35:18.280 down this rabbit hole is to prove to everybody that 639 00:35:19.079 --> 00:35:23.400 these Federal Reserve notes are about as worthless as tissue paper. 640 00:35:24.280 --> 00:35:26.400 No, no, we're going to get into the functionality of 641 00:35:26.440 --> 00:35:28.960 all of it here just a moment. I'm just going 642 00:35:29.000 --> 00:35:30.880 through the history and then and then once we finish 643 00:35:30.920 --> 00:35:34.559 this little history lesson, then we'll dive into the functionalities 644 00:35:34.599 --> 00:35:36.679 of how it all works and how you can create 645 00:35:36.719 --> 00:35:37.800 them from scratch and all. 646 00:35:37.679 --> 00:35:38.199 The good stuff. 647 00:35:38.679 --> 00:35:42.000 Cool. So you're not saying that like green money, you're 648 00:35:42.039 --> 00:35:45.360 not saying that that is valueless as far as our 649 00:35:45.400 --> 00:35:48.159 day to day living goes. You're saying it's not backed 650 00:35:48.159 --> 00:35:53.000 by anything of actual substance. It's like ethereal ethereal fairy 651 00:35:53.079 --> 00:35:55.199 dust numbers like stock prices and shit. 652 00:35:56.000 --> 00:35:58.599 Yeah, everything is a promise to pay. 653 00:35:59.639 --> 00:36:02.039 Because the thing is in order to actually pay, you 654 00:36:02.039 --> 00:36:05.599 would actually need money. We haven't had money since nineteen 655 00:36:05.639 --> 00:36:09.159 thirty three. What was money you know, three one hundred 656 00:36:09.159 --> 00:36:11.639 and seventy one point twenty five, what does it say? 657 00:36:11.679 --> 00:36:14.960 Grains of fine silver, which is point nine ninety nine 658 00:36:14.960 --> 00:36:18.079 are above right if you go onto a super ultra 659 00:36:18.199 --> 00:36:21.800 deep deep dive on this the beginning of our country, 660 00:36:22.000 --> 00:36:24.800 gold coins weren't actually part of the definition of money 661 00:36:24.880 --> 00:36:27.440 until a little bit later. So really, if you want 662 00:36:27.440 --> 00:36:31.320 to become like an ultra ultra ultra purist about it, 663 00:36:31.400 --> 00:36:35.280 the most basic element of the definition of money in 664 00:36:35.280 --> 00:36:37.719 our past, even though gold coins, I think we're added 665 00:36:37.760 --> 00:36:40.079 later into the definition. I think in like eighteen twenty 666 00:36:40.079 --> 00:36:44.599 four or something, is basically silver coins. Silver coins are 667 00:36:44.920 --> 00:36:49.960 the it's it's it's the bedrock of everything American. It's like, 668 00:36:51.079 --> 00:36:53.239 if you think of like a silver coin with an 669 00:36:53.239 --> 00:36:55.719 eagle on it, next to the Constitution, next to a 670 00:36:55.760 --> 00:36:57.159 fucking musket, that's it. 671 00:36:57.280 --> 00:36:59.320 You've got America in a fucking picture right there. 672 00:36:59.480 --> 00:37:02.320 Yeah, right man. Literally, for the record, did just a 673 00:37:02.360 --> 00:37:06.639 little quick tidbit of trivia knowledge in military ranks for instance, 674 00:37:07.199 --> 00:37:10.760 do you happen to know why a silver oak leaf 675 00:37:10.960 --> 00:37:13.159 is of a higher rank than a gold oak leaf? 676 00:37:13.639 --> 00:37:18.119 Just throwing it out, No, Because at the time when 677 00:37:18.159 --> 00:37:21.039 America was founded. And when this goes from the British 678 00:37:21.039 --> 00:37:23.679 as well, their silver ranks were were of a higher 679 00:37:23.679 --> 00:37:27.239 stature than their gold ranks because at the time silver 680 00:37:27.480 --> 00:37:29.039 was worth more than gold. 681 00:37:29.599 --> 00:37:33.679 Makes sense, Yeah, yeah, yeah, it was. It wasn't even 682 00:37:33.719 --> 00:37:36.119 part of the definition until later, and then we can't 683 00:37:36.119 --> 00:37:38.519 and then obviously like the Gold Abrogation Act didn't have 684 00:37:38.519 --> 00:37:41.480 anything to do with silver. There's more to all this, 685 00:37:41.760 --> 00:37:43.840 but I'm not gonna you know, it's gonna get kind 686 00:37:43.840 --> 00:37:45.559 of boring if we if we get into all the 687 00:37:45.599 --> 00:37:47.199 weeds on all that stuff, right, so we're just going 688 00:37:47.280 --> 00:37:52.400 to keep it here where we're at. So so basically 689 00:37:52.599 --> 00:37:55.079 nineteen thirty three they took away all the ability to pay, 690 00:37:55.239 --> 00:37:58.599 so all we have what's what's left. Everything became promises 691 00:37:58.639 --> 00:38:03.760 to pay at that point. Okay, So basically then we 692 00:38:03.880 --> 00:38:10.239 have nineteen seventy one. What happened in nineteen seventy one 693 00:38:10.880 --> 00:38:16.320 that took us off the gold standard, right, so we 694 00:38:16.400 --> 00:38:22.760 had still been on the emergency banking for Actually that 695 00:38:23.039 --> 00:38:25.920 Wikipedia article was actually perfect for this, So we had 696 00:38:25.920 --> 00:38:29.480 been on this emergency thing for all this time up 697 00:38:29.559 --> 00:38:32.880 until nineteen seventy one. So people think that in nineteen 698 00:38:32.920 --> 00:38:38.519 seventy one, something shifted or changed. It's actually not true. 699 00:38:39.079 --> 00:38:42.880 What happened in nineteen seventy one is right here. August 700 00:38:42.960 --> 00:38:46.840 nineteen seventy one, Nixon severed the direct convertibility of US 701 00:38:46.920 --> 00:38:52.360 dollars into gold. With this decision, the international currency market, 702 00:38:52.400 --> 00:38:55.719 which had become increasingly reliant on the dollar since the 703 00:38:55.800 --> 00:38:59.960 enactment of the Bretonwoods Agreement, lost its formal connection to gold. 704 00:39:00.119 --> 00:39:03.480 The US dollar, and by extension, the global finance system 705 00:39:03.599 --> 00:39:10.719 it effectively sustained entered the era of fiat money. Now, 706 00:39:10.800 --> 00:39:13.559 what's really really really fascinating about this, this is kind 707 00:39:13.599 --> 00:39:16.239 of getting near the end of the historical breakdown of this, 708 00:39:16.480 --> 00:39:20.880 right is we can go to wtf happened in nineteen 709 00:39:21.000 --> 00:39:24.519 seventy one, And this is actually a website. I don't 710 00:39:24.519 --> 00:39:28.400 believe they directly correlate this to all of these graphs, 711 00:39:28.440 --> 00:39:31.079 but this is what they're looking at. I don't know 712 00:39:31.119 --> 00:39:36.039 why they don't directly correlate these things, but this is 713 00:39:36.119 --> 00:39:40.880 basically a shitload of graphs showing that the country basically 714 00:39:40.920 --> 00:39:45.320 went completely to shit right around nineteen seventy one. And 715 00:39:45.360 --> 00:39:47.239 you can just go down and you can see all 716 00:39:47.320 --> 00:39:51.559 these graphs of how everything is going to shit. And 717 00:39:51.639 --> 00:39:54.320 what's so funny is is that, you know, I'm not 718 00:39:54.400 --> 00:39:58.960 sure they don't say that it's because of the nineteen 719 00:39:59.000 --> 00:40:01.880 seventy one coming off of the gold standard entirely and 720 00:40:01.920 --> 00:40:05.440 going into a fully fiat system, But I mean, as 721 00:40:05.440 --> 00:40:08.800 far as I'm concerned, it's the only thing. Here's inflation 722 00:40:08.880 --> 00:40:14.199 right here, nineteen seventy one, nineteen seventy five, So seventy two, 723 00:40:14.280 --> 00:40:16.840 seventy three right in there is where it begins, you know, 724 00:40:17.440 --> 00:40:20.280 And we had just come off of the gold standard. 725 00:40:19.760 --> 00:40:23.679 We had just entered into the world of fiat money. 726 00:40:24.639 --> 00:40:28.719 So all these graphs are very negative, and all these graphs. 727 00:40:28.760 --> 00:40:33.079 Look at this one, here's nineteen seventy one. This one 728 00:40:33.119 --> 00:40:40.599 here is a consumer price index, right, So as we 729 00:40:40.639 --> 00:40:44.920 can see, nineteen seventy one was the beginning of the 730 00:40:45.039 --> 00:40:48.639 end for the financial success of America, and it was 731 00:40:48.679 --> 00:40:51.440 also the beginning of the fiat world. So those two 732 00:40:51.440 --> 00:40:55.760 things can be linked together pretty easily. So basically, how 733 00:40:55.800 --> 00:40:57.960 does this So now at this point we can get 734 00:40:58.000 --> 00:41:02.480 into how does this fiat money system really work? 735 00:41:02.920 --> 00:41:03.400 Essentially? 736 00:41:03.639 --> 00:41:06.639 Right, And in order to understand it, you have to 737 00:41:06.719 --> 00:41:09.000 read ucc article three. 738 00:41:09.239 --> 00:41:09.719 In order to. 739 00:41:09.760 --> 00:41:13.119 Understand it right, and we'll we'll we're gonna start with 740 00:41:13.119 --> 00:41:15.559 my flow chart and I'm going to walk you guys 741 00:41:15.719 --> 00:41:16.719 through it essentially. 742 00:41:16.880 --> 00:41:17.079 Right. 743 00:41:18.159 --> 00:41:21.159 The first thing that we're going to look at is 744 00:41:21.519 --> 00:41:23.719 like like it says in UCC three to one O four, 745 00:41:24.320 --> 00:41:27.119 we have two types of negotiable instruments. We have the 746 00:41:27.199 --> 00:41:30.159 unconditional promise to pay, which is called a note or 747 00:41:30.239 --> 00:41:33.679 promisory note. And then we have the unconditional order to pay, 748 00:41:33.679 --> 00:41:36.760 which is called a draft in UCC three. But in 749 00:41:36.880 --> 00:41:41.039 like in like England, and in like the United States Code, 750 00:41:41.079 --> 00:41:43.000 it's called a bill or bill of exchange. 751 00:41:43.039 --> 00:41:44.039 When you get a bill on the. 752 00:41:43.960 --> 00:41:47.440 Mail and it tells you pay eighty two dollars for 753 00:41:47.519 --> 00:41:51.639 your phone by June twenty fifth, that is an unconditional 754 00:41:51.800 --> 00:41:55.440 order to pay. It's called a draft or a bill 755 00:41:55.599 --> 00:41:59.199 or a bill of exchange. So examples of unconditional orders 756 00:41:59.199 --> 00:42:03.360 to pay traffic tickets, parking tickets, tax bill, utility bill, 757 00:42:03.480 --> 00:42:05.760 credit card bill, a court order or judgment. 758 00:42:06.440 --> 00:42:06.960 A check. 759 00:42:07.679 --> 00:42:10.480 So a check is a draft that has routing and 760 00:42:10.480 --> 00:42:13.480 account numbers on it. But if it doesn't have routing 761 00:42:13.480 --> 00:42:16.400 and account numbers on it, it's just a draft. So 762 00:42:16.559 --> 00:42:18.599 a check is both a draft and a check. It's 763 00:42:18.639 --> 00:42:21.480 two totally different terms. A check has to be a 764 00:42:21.559 --> 00:42:25.599 draft first before it can be a check. Debit card 765 00:42:25.639 --> 00:42:29.679 transactions and medical bills. Anytime you use the word bill, 766 00:42:29.760 --> 00:42:32.000 you're talking about a draft, an unconditioned order to pay. 767 00:42:33.159 --> 00:42:37.079 Examples of unconditional promises to pay. When you sign a 768 00:42:37.159 --> 00:42:40.039 traffic ticket, it is a note if you sign it, 769 00:42:40.159 --> 00:42:42.079 and more of a draft if you didn't. Are you 770 00:42:42.159 --> 00:42:45.679 promising to perform or being ordered to perform? That's how 771 00:42:45.719 --> 00:42:48.760 you can tell because pretty much everything. When you realize 772 00:42:48.760 --> 00:42:50.559 almost everything in the world falls in one of these 773 00:42:50.559 --> 00:42:53.440 two categories, things start to get pretty wild. And you're 774 00:42:53.480 --> 00:42:55.000 going to see that more and more as we get 775 00:42:55.039 --> 00:42:59.599 through the functionality of this right. Loan promisory notes when 776 00:42:59.599 --> 00:43:02.400 you sign mortgage or a promissory note, or any sort 777 00:43:02.400 --> 00:43:05.039 of promise to pay, and there's you know, interest rates 778 00:43:05.039 --> 00:43:07.519 and all that kind of stuff. Those documents themselves are 779 00:43:07.599 --> 00:43:08.960 unconditional promises to pay. 780 00:43:09.000 --> 00:43:09.599 They are notes. 781 00:43:09.599 --> 00:43:12.880 They are promisory notes, no different than a federal reserve note. 782 00:43:14.000 --> 00:43:17.079 All credit card transactions are unconditional promises to pay. Every 783 00:43:17.079 --> 00:43:18.840 single time you use your credit card, you are actually 784 00:43:18.840 --> 00:43:24.320 producing a security that has monetary value that security, you're 785 00:43:24.400 --> 00:43:27.360 basically abandoning it. You're you're failing to claim it and 786 00:43:27.400 --> 00:43:30.280 abandoning that security every single time you use your credit card. 787 00:43:30.320 --> 00:43:31.719 So when you. 788 00:43:31.679 --> 00:43:37.800 Promise to pay for a coffee, that promise to pay discharges. 789 00:43:37.119 --> 00:43:39.719 How much you would need to pay for that coffee. 790 00:43:40.480 --> 00:43:44.280 So you're basically creating all the currency all the time. 791 00:43:44.360 --> 00:43:47.239 Every time you use a credit card, you're abandoning the 792 00:43:47.320 --> 00:43:50.360 original security that you manufactured, and then you're paying with 793 00:43:50.400 --> 00:43:55.320 an entirely disrelated security called a federal reserve note. That's 794 00:43:55.320 --> 00:43:56.840 basically how and we're going to get into that more 795 00:43:56.840 --> 00:43:59.280 and more and more as we go into this. Okay, okay, 796 00:44:00.280 --> 00:44:03.519 for our reserve notes, obviously our notes, all currencies that 797 00:44:03.559 --> 00:44:05.880 have a central bank in that country would be for 798 00:44:06.480 --> 00:44:11.880 promissory notes. Insurance policies are promisory notes, right, So if 799 00:44:11.880 --> 00:44:14.840 you're promising, it's a promisory note. If you're being ordered, 800 00:44:15.079 --> 00:44:17.559 it's a draft or a bill or a bill of exchange. 801 00:44:17.639 --> 00:44:18.000 Okay. 802 00:44:19.920 --> 00:44:23.239 The word payment is really crucial to clean up before 803 00:44:23.280 --> 00:44:25.840 we start getting into this. The word payment means the 804 00:44:25.880 --> 00:44:28.800 performance of a duty, promise, or obligation, or discharge of 805 00:44:28.800 --> 00:44:29.159 a debtor. 806 00:44:29.199 --> 00:44:29.760 Liability. 807 00:44:29.960 --> 00:44:36.800 Right, So, if you claim the credit card promisory note 808 00:44:36.840 --> 00:44:41.159 transaction and you use the promissory note that you manufacturing, 809 00:44:41.199 --> 00:44:45.400 when you initially unconditionally promise to pay, by definition, that 810 00:44:45.440 --> 00:44:48.920 would be a payment, which we're going to get into. 811 00:44:48.920 --> 00:44:50.599 How do you do that and how does that work? 812 00:44:50.679 --> 00:44:53.679 As we go farther and farther into this, right, just 813 00:44:53.719 --> 00:44:57.320 real quick, we're going to get into certificate of deposit. 814 00:44:57.480 --> 00:44:58.920 You guys have probably heard that before. 815 00:45:00.079 --> 00:45:02.679 That was really popular in the nineties, those like three 816 00:45:02.800 --> 00:45:07.599 four five percent interest rate government savings accounts. Right, Well, 817 00:45:07.679 --> 00:45:10.360 it actually has an entirely different definition that's actually really 818 00:45:10.400 --> 00:45:11.639 important to understand this. 819 00:45:13.320 --> 00:45:14.559 Certificate deposit. 820 00:45:14.960 --> 00:45:18.400 The definition comes from UCC three one oh four j 821 00:45:19.559 --> 00:45:22.840 means an instrument containing an acknowledgment by a bank that 822 00:45:22.920 --> 00:45:25.239 a sum of money has been received by the bank 823 00:45:25.880 --> 00:45:28.679 and a promise by the bank to repay the sum 824 00:45:28.679 --> 00:45:33.360 of money. So this is this is basically in in 825 00:45:33.440 --> 00:45:37.920 normal English, it's called a receipt. Okay, you man, you 826 00:45:38.039 --> 00:45:41.159 found So you buy a coffee, you tap your credit card. 827 00:45:41.280 --> 00:45:44.519 It produces an unconditional promise to pay, which is a 828 00:45:44.519 --> 00:45:48.079 promisory note, which does have value. It's a fiat currency 829 00:45:48.719 --> 00:45:50.960 in itself and has been for well over one hundred 830 00:45:50.960 --> 00:45:55.320 and fifty years. And then what happens is that's that's 831 00:45:55.360 --> 00:45:57.480 why they're so obsessed about giving your receipts. Do you 832 00:45:57.480 --> 00:45:58.840 want to receipt? Do you want to receipt? Do you 833 00:45:58.840 --> 00:46:01.079 want to receipt? Do you want to receive? A receipt 834 00:46:01.440 --> 00:46:05.360 is actually a certificate of deposit. So basically what happens 835 00:46:05.440 --> 00:46:09.400 is you created a promissory note and then you deposited 836 00:46:09.599 --> 00:46:13.800 that promissory note with your financial institution, and the financial 837 00:46:13.840 --> 00:46:19.119 institution is giving you a receipt by a bank that 838 00:46:19.239 --> 00:46:23.119 shows that a sum of money your promissory note has 839 00:46:23.199 --> 00:46:26.119 been received by the bank, and that receipt is a 840 00:46:26.159 --> 00:46:29.719 promise by the bank to repay that of what you 841 00:46:29.880 --> 00:46:31.159 just created and deposited. 842 00:46:32.719 --> 00:46:37.559 Oh so you're saying, even if it's like a Walmart, 843 00:46:37.960 --> 00:46:40.480 you swipe your card, you get a receipt, you are 844 00:46:40.559 --> 00:46:45.280 essentially saying that you created a promissory note in order 845 00:46:45.320 --> 00:46:49.800 to pay X amount of dollars for these goods and 846 00:46:49.960 --> 00:46:53.679 swiping your card, basically what you just made was your 847 00:46:53.800 --> 00:46:58.360 bank is stating that this promissory note exchange has happened, 848 00:46:58.800 --> 00:47:02.880 and the Walmart Bank, whoever their financial institution is, is 849 00:47:02.920 --> 00:47:06.360 showing a deposit of this age. 850 00:47:06.400 --> 00:47:08.159 And that's why at the end of the month when 851 00:47:08.159 --> 00:47:12.159 you get your credit card statement, it's actually a positive statement. 852 00:47:12.639 --> 00:47:14.599 If you had to pay at quote unquote, it would 853 00:47:14.599 --> 00:47:16.280 have to be a negative number on there. It's not 854 00:47:16.280 --> 00:47:19.559 a negative number, it's a positive number. So what the 855 00:47:19.639 --> 00:47:22.480 credit card statement is at the end of the month 856 00:47:22.599 --> 00:47:25.400 is it's basically an investment portfolio, like something you'd get 857 00:47:25.440 --> 00:47:30.079 from like Fidelity or something. It's basically showing all the 858 00:47:30.199 --> 00:47:34.159 different unconditional promises to pay that you manufactured throughout the month, 859 00:47:35.000 --> 00:47:37.960 and then all of the receipts that you have are 860 00:47:38.000 --> 00:47:40.920 all certificates of deposit. And what's crazy is, as you 861 00:47:40.920 --> 00:47:43.239 can see in this last line here, this last sentence, 862 00:47:43.800 --> 00:47:46.519 a certificate of deposit is a note of the bank. 863 00:47:47.599 --> 00:47:50.880 So you use your credit card, you manufacture an unconditional 864 00:47:50.920 --> 00:47:55.159 promise to pay, you deposit that unconditional promise to pay 865 00:47:55.199 --> 00:47:59.519 on your account, and the bank gives you an unconditional 866 00:47:59.599 --> 00:48:02.480 promise to pay, stating that they now owe you the 867 00:48:02.599 --> 00:48:05.800 value of your unconditional promise to pay at some point 868 00:48:05.800 --> 00:48:06.360 in the future. 869 00:48:08.280 --> 00:48:11.840 What a cluster fuck man like this is. 870 00:48:12.039 --> 00:48:13.880 It just goes to show that like none of this 871 00:48:14.039 --> 00:48:17.119 is really what we thought it was, you know, like 872 00:48:17.280 --> 00:48:20.840 with all the all the wording and this, I don't know, 873 00:48:20.880 --> 00:48:23.079 it doesn't really I mean, it makes sense in the 874 00:48:23.079 --> 00:48:26.519 way that you're describing it, but I'm having trouble understanding 875 00:48:26.559 --> 00:48:28.639 why they would do this this way. 876 00:48:29.400 --> 00:48:31.880 Well, I'll explain that the answer to your question is 877 00:48:31.880 --> 00:48:33.920 the Federal Reserve discount window, which we're not going to 878 00:48:33.960 --> 00:48:35.679 get into that quite yet. We have to understand we 879 00:48:35.760 --> 00:48:37.559 have to go a little farther in this presentation. I've 880 00:48:37.559 --> 00:48:39.920 done this presentation specifically a million times. We have to 881 00:48:39.960 --> 00:48:43.159 go a little farther. Then we'll get into how that 882 00:48:43.239 --> 00:48:45.639 part works and you'll see the full picture on it all. 883 00:48:45.719 --> 00:48:45.880 Right. 884 00:48:46.159 --> 00:48:50.760 Oh okay, So getting back to the the flow chart, right, 885 00:48:51.239 --> 00:48:56.360 So basically we're gonna we're gonna come back to this. 886 00:48:56.519 --> 00:48:58.320 Normally I get into this part now, but we're gonna 887 00:48:58.320 --> 00:49:01.039 skip that right now. So basically, what happened is you 888 00:49:01.159 --> 00:49:04.360 become the holder. So the holder is someone in possession 889 00:49:04.440 --> 00:49:06.880 of a note or draft that is payable to them 890 00:49:07.119 --> 00:49:11.199 specifically or payable to bearer. Right, whenever you're the you're 891 00:49:11.239 --> 00:49:13.119 the holder whenever you get a federal reserve note. 892 00:49:13.239 --> 00:49:13.400 Right. 893 00:49:13.920 --> 00:49:17.559 So, holder is pretty much the way the word sounds, 894 00:49:17.639 --> 00:49:20.639 which is pretty rare in law. It's literally whoever holds 895 00:49:20.639 --> 00:49:24.159 a damn thing. Right Now, it gets a little bit different. 896 00:49:24.320 --> 00:49:28.960 Let's say I wrote a check to Jonathan and Jacob 897 00:49:29.159 --> 00:49:31.400 is actually the holder of it. He wouldn't be the 898 00:49:31.440 --> 00:49:35.440 holder of it because he can't access the value of it. Right, 899 00:49:36.119 --> 00:49:39.679 But federal reserve notes are payable to bearer. They're not 900 00:49:39.800 --> 00:49:42.719 payable to a specific person. It's just anyone who holds 901 00:49:42.800 --> 00:49:45.320 it holds the value. So if you have a federal 902 00:49:45.320 --> 00:49:48.159 reserve note, you are the holder. If you have a check, 903 00:49:48.239 --> 00:49:50.800 you're only the holder if it's a blank jack or 904 00:49:50.840 --> 00:49:51.800 if your name's on it. 905 00:49:53.280 --> 00:49:54.760 The holder is a. 906 00:49:54.719 --> 00:49:57.760 Little bit more complicated than whoever is in possession of it. 907 00:49:57.760 --> 00:50:00.360 It's whoever's in possession of it and also so has 908 00:50:00.400 --> 00:50:03.719 the right to access it. Let's call let's call holder that. 909 00:50:03.840 --> 00:50:05.400 I think that's a simple way to define it. 910 00:50:05.480 --> 00:50:05.679 Right. 911 00:50:06.039 --> 00:50:08.480 So, this isn't the same way as how when you 912 00:50:08.559 --> 00:50:11.559 are buying a house, the bank holds it in escrow 913 00:50:11.840 --> 00:50:14.760 until the amount is paid, so they're basically holding it, 914 00:50:15.000 --> 00:50:17.079 holding the deed to the home until it's all paid. 915 00:50:17.119 --> 00:50:19.320 That's not what you mean by holding it in this case. 916 00:50:19.639 --> 00:50:23.840 This is more like if I have this silver coin, 917 00:50:24.280 --> 00:50:26.880 i am holding it. It is technically my silver coin. 918 00:50:26.920 --> 00:50:28.880 But if I was to hand this to someone else 919 00:50:28.960 --> 00:50:31.239 and they happen to be in possession of it, it 920 00:50:31.360 --> 00:50:34.320 is technically by law their's they are the holder, right. 921 00:50:34.719 --> 00:50:37.440 Yeah, And this is all All of this that we're 922 00:50:37.480 --> 00:50:40.360 getting into here doesn't apply to money. It only applies 923 00:50:40.440 --> 00:50:43.840 to legal tender and negotiable instruments. This is all like 924 00:50:44.159 --> 00:50:46.039 negotiable instrument, legal tender. 925 00:50:46.079 --> 00:50:46.719 Goofiness. 926 00:50:46.760 --> 00:50:49.920 This is not money. Is really fucking simple. I mean, 927 00:50:49.960 --> 00:50:51.719 you have a silver coin, you hand it to somebody, 928 00:50:51.719 --> 00:50:54.280 and now they have a silver coin. Right, Obviously that's 929 00:50:54.719 --> 00:50:55.440 pretty simple. 930 00:50:55.559 --> 00:50:55.719 Right. 931 00:50:56.599 --> 00:51:00.559 This is a super overly complicated system with all of 932 00:51:00.559 --> 00:51:03.519 its own definitions, made on purpose to confuse people. 933 00:51:03.599 --> 00:51:04.559 Essentially, really at. 934 00:51:04.519 --> 00:51:07.000 The end of the day, right, and when you go 935 00:51:07.039 --> 00:51:09.840 down the rabbit hole overhereall this terminology came from it's hundreds, 936 00:51:09.880 --> 00:51:11.239 if not thousands of years old. 937 00:51:11.239 --> 00:51:13.079 This isn't anything new, by the way. 938 00:51:14.519 --> 00:51:18.559 The original eighteen forty nine Constitution of California specifically says, 939 00:51:18.719 --> 00:51:21.760 I think in like Article four sub section thirty five 940 00:51:22.519 --> 00:51:26.360 that promissory notes and other evidences of debt cannot transfer 941 00:51:26.440 --> 00:51:30.039 as currency in the society. So I think basically, if 942 00:51:30.039 --> 00:51:32.760 you were to take the past like ten twenty thirty 943 00:51:32.800 --> 00:51:35.480 thousand years of this planet, I think it's pretty much 944 00:51:35.599 --> 00:51:39.440 just the bankers getting some sort of negotiable instrument system 945 00:51:39.519 --> 00:51:42.880 to replace like gold and silver, coins or pieces of 946 00:51:42.880 --> 00:51:46.480 wood or whatever it is, and then like the civilization 947 00:51:46.599 --> 00:51:49.519 going to shit, and then like people realizing that and 948 00:51:49.559 --> 00:51:52.880 then throwing that off and putting back in some sort 949 00:51:52.920 --> 00:51:56.119 of commodity as a currency, and then they're much better 950 00:51:56.159 --> 00:51:57.880 for one hundred years or one hundred and fifty years, 951 00:51:57.920 --> 00:51:59.920 and then somehow the bankers figure out another way to 952 00:52:00.320 --> 00:52:03.599 installed and negotiable instruments and as a currency, and then 953 00:52:03.599 --> 00:52:05.320 there's another one hundred years or one hundred and fifty 954 00:52:05.360 --> 00:52:07.679 years of the country going to shit, and then that 955 00:52:07.719 --> 00:52:10.239 gets overthrown, and then now I think that's literally like 956 00:52:10.440 --> 00:52:13.800 the entire history of our entire culture, of our entire 957 00:52:13.880 --> 00:52:17.400 race literally as humans. I mean, the more I research, 958 00:52:17.639 --> 00:52:19.800 the more it just seems like it's the same cycle 959 00:52:19.840 --> 00:52:21.679 over and over and over again. I think we're at 960 00:52:21.679 --> 00:52:25.679 the very end of this cycle right now with this 961 00:52:25.760 --> 00:52:28.800 particular same thing. So I think we're about ready to 962 00:52:28.840 --> 00:52:31.079 see a golden age of gold and silver coins and 963 00:52:31.119 --> 00:52:31.679 real money. 964 00:52:32.079 --> 00:52:33.079 I hope, so, dude. 965 00:52:33.280 --> 00:52:36.599 I mean it's it's kind of been teased here, you know, 966 00:52:36.800 --> 00:52:41.000 more recently with the with the new guy in office 967 00:52:41.280 --> 00:52:45.760 as far as the golden age and possibly getting rid 968 00:52:45.840 --> 00:52:49.480 of all the fraudulent money that's being sent everywhere and 969 00:52:49.559 --> 00:52:51.480 all that kind of stuff. But I'll tell you what, dude, 970 00:52:51.559 --> 00:52:54.840 this actually kind of reminds me of a Black Mirror episode. 971 00:52:55.000 --> 00:52:56.480 Have you ever watched Black Mirror before. 972 00:52:56.920 --> 00:52:58.199 It's been a while, I've seen a few. 973 00:52:58.280 --> 00:53:00.760 Yeah, dude, fucking awesome. I love that shit. 974 00:53:00.880 --> 00:53:05.880 But there is an episode where basically they fool everybody 975 00:53:06.239 --> 00:53:10.239 into like you're supposed to be paying attention to the 976 00:53:10.280 --> 00:53:13.559 fine print, And for all the people that didn't pay 977 00:53:13.599 --> 00:53:16.480 attention to the fine print, they found a way to 978 00:53:16.559 --> 00:53:19.280 be able to make money off of them and follow 979 00:53:19.280 --> 00:53:21.760 them around with a camera. And now there's a whole 980 00:53:21.800 --> 00:53:24.760 Netflix show about you, and you know, just because you 981 00:53:24.920 --> 00:53:28.039 signed up for Netflix. For example, if you signed up 982 00:53:28.079 --> 00:53:30.679 for Netflix and didn't read the fine print down at 983 00:53:30.719 --> 00:53:33.280 the bottom, well, now you don't even know what you 984 00:53:33.320 --> 00:53:36.440 just signed away, and now they can follow you, like 985 00:53:36.679 --> 00:53:40.159 basically record your entire life, make all the money off 986 00:53:40.199 --> 00:53:41.880 of you and not give you a cent, and have 987 00:53:42.199 --> 00:53:45.480 your entire life just blasted for the public to see. 988 00:53:45.880 --> 00:53:48.039 And so I'm not saying that's exactly what this is, 989 00:53:48.079 --> 00:53:50.679 but it does seem like this is a fine print 990 00:53:50.719 --> 00:53:54.559 type situation to where if you don't know exactly this terminology, 991 00:53:54.960 --> 00:53:57.159 you don't know what even your money is worth or 992 00:53:57.840 --> 00:53:59.440 where it even came from at that point. 993 00:54:00.400 --> 00:54:00.559 Well. 994 00:54:00.639 --> 00:54:04.880 Yeah, And another excellent analogy is the if we look up. 995 00:54:04.840 --> 00:54:12.039 The picture of baby pods from the Matrix movie. Mm hmm, 996 00:54:13.840 --> 00:54:16.719 so we have let's say we look up this picture here, right, 997 00:54:19.679 --> 00:54:21.159 I don't know, this does not look like it's from 998 00:54:21.159 --> 00:54:21.559 the Matrix. 999 00:54:21.599 --> 00:54:22.679 This looks something else. 1000 00:54:23.039 --> 00:54:25.760 But that looks close to it the movie The Matrix, 1001 00:54:25.800 --> 00:54:27.679 and you have all the baby pods and you've got 1002 00:54:27.679 --> 00:54:28.679 all this stuff like this. 1003 00:54:30.360 --> 00:54:32.679 Let me see if we can find a good photo here. 1004 00:54:33.920 --> 00:54:37.559 It was like the field of humans. Basically here it is. 1005 00:54:37.599 --> 00:54:38.239 This is a good one. 1006 00:54:38.320 --> 00:54:40.280 Yeah, it was like towers of them. 1007 00:54:40.679 --> 00:54:46.320 So this is probably one of the best examples in 1008 00:54:46.440 --> 00:54:49.840 terms of you know what we're actually living in because 1009 00:54:50.320 --> 00:54:52.519 what's happening is every time you use your credit card, 1010 00:54:52.960 --> 00:54:55.719 you're producing currency. It's called an unconditional promise to pay. 1011 00:54:55.760 --> 00:54:58.440 It has the same value in law as FETA reserve notes. 1012 00:54:58.480 --> 00:55:01.280 And I'm gonna get into exactly the mechanics as to 1013 00:55:01.320 --> 00:55:04.280 how they swap these things for fetter reserve notes. But 1014 00:55:04.360 --> 00:55:06.360 then what you're doing is is you're creating just like 1015 00:55:06.400 --> 00:55:10.519 these were energy production pods for the you know, the machines. 1016 00:55:11.960 --> 00:55:14.360 When you create the unconditional promise to pay and you 1017 00:55:14.440 --> 00:55:18.239 deposit it on the account, you now abandon it because 1018 00:55:18.280 --> 00:55:19.559 now what you're doing at the end of the month 1019 00:55:19.599 --> 00:55:22.159 is now you're using other federal reserve notes that have 1020 00:55:22.159 --> 00:55:24.519 nothing to do with anything, and you're paying with those. Well, 1021 00:55:24.519 --> 00:55:26.599 now you've got to ask yourself, and I have litigation 1022 00:55:26.679 --> 00:55:28.400 that I'm in right now trying to figure this out, 1023 00:55:28.679 --> 00:55:32.400 what the hell happened to your original unconditional promise to pay? 1024 00:55:32.440 --> 00:55:34.840 Do they think that you abandon it? Do they think 1025 00:55:34.880 --> 00:55:36.039 that you donated it? 1026 00:55:36.400 --> 00:55:38.360 Because I tell you're right now, if more people knew 1027 00:55:38.400 --> 00:55:40.639 how this worked, I guarantee you people are going to 1028 00:55:40.679 --> 00:55:43.199 be really pissed off. The people are not interested in 1029 00:55:43.280 --> 00:55:47.440 donating or abandoning their unconditional promises to pay. So we 1030 00:55:47.480 --> 00:55:49.840 have so whenever I teach this and whenever I do this, 1031 00:55:49.960 --> 00:55:52.519 and I've got probably one hundred thousand people on my platform, 1032 00:55:52.960 --> 00:55:55.280 everybody's going out and suing the ever loving fuck out 1033 00:55:55.280 --> 00:55:57.519 of all these financial companies, being like, where the fuck 1034 00:55:57.519 --> 00:56:00.280 are all my unconditional promises to pay? So there's a 1035 00:56:00.320 --> 00:56:02.920 lot of this shit going down, and and I have 1036 00:56:02.960 --> 00:56:05.320 a feeling that, you know, banking reform is right around 1037 00:56:05.320 --> 00:56:07.599 the corner because we've got, you know, hundreds of these 1038 00:56:07.639 --> 00:56:09.840 lawsuits popping and it's just going to get crazier and 1039 00:56:09.880 --> 00:56:14.039 crazier and so so basically the truth is is that 1040 00:56:14.400 --> 00:56:16.360 at the end of the month, when they send you 1041 00:56:16.400 --> 00:56:20.400 that that bill, you're supposed to just basically authorize them 1042 00:56:20.440 --> 00:56:24.679 to swap the value of all those negotiable instruments and 1043 00:56:24.679 --> 00:56:26.840 and and basically they're supposed to be working for you, 1044 00:56:27.320 --> 00:56:29.840 and it's supposed to basically just self discharge. And I'll 1045 00:56:29.840 --> 00:56:32.840 explain how that works and the terminology behind it. Okay, 1046 00:56:32.920 --> 00:56:37.039 So getting back to the flow chart here, So, so 1047 00:56:37.079 --> 00:56:39.679 when you become the holder, right, you have to become 1048 00:56:39.679 --> 00:56:40.599 the holder. 1049 00:56:40.280 --> 00:56:41.480 And then once you become the holder. 1050 00:56:41.480 --> 00:56:43.960 You can do what's called an endorsement, right, and people 1051 00:56:43.960 --> 00:56:45.960 see that on the back of your checks E N 1052 00:56:46.119 --> 00:56:49.320 d O R S E M E n T. But 1053 00:56:49.360 --> 00:56:53.320 if you go into the usually see article three, and 1054 00:56:53.360 --> 00:56:56.760 you look at the actual terminology straight from the horse's mouth, 1055 00:56:57.320 --> 00:57:01.000 they spell it a little differently. They spell it d 1056 00:57:01.239 --> 00:57:03.880 O R S E M E n T. So we 1057 00:57:03.880 --> 00:57:08.280 don't use the E in we use the I in spelling. 1058 00:57:08.440 --> 00:57:12.280 It's more of a purest spelling of the word right. 1059 00:57:13.159 --> 00:57:18.480 And it has a very long, complicated definition, and it 1060 00:57:18.519 --> 00:57:20.000 took me a long time to kind of get through it, 1061 00:57:20.039 --> 00:57:21.480 and I have the definition here as well. 1062 00:57:21.559 --> 00:57:22.280 On the side. 1063 00:57:22.800 --> 00:57:25.119 The definition of the word endorsement is actually really simple. 1064 00:57:25.599 --> 00:57:29.079 It's just a signature from the holder or somebody who's 1065 00:57:29.159 --> 00:57:34.480 allowed to act as the holder that basically, uh, basically, 1066 00:57:34.679 --> 00:57:38.000 you're basically writing the rules as to how this instrument 1067 00:57:38.039 --> 00:57:38.960 can be negotiated. 1068 00:57:39.000 --> 00:57:40.360 Like for example, when you're creating a. 1069 00:57:40.360 --> 00:57:43.320 Check and you write the paye on the check and 1070 00:57:43.360 --> 00:57:46.880 then you sign it, you're basically, you know, writing up 1071 00:57:46.880 --> 00:57:49.519 an endorsement as the holder of the instrument, and then 1072 00:57:49.599 --> 00:57:52.960 you're basically issuing the instrument right or making the instrument. 1073 00:57:53.000 --> 00:57:56.800 These are also specific terms issuer and maker. Maker means 1074 00:57:56.840 --> 00:57:59.639 a person who signs or is identified in a note 1075 00:58:00.119 --> 00:58:01.920 as a person undertaking to pay. 1076 00:58:02.559 --> 00:58:02.760 Right. 1077 00:58:03.599 --> 00:58:06.199 So you have all this terminology, right, but basically the 1078 00:58:06.239 --> 00:58:08.920 simple fact of it is is that it's an endorsement. 1079 00:58:10.079 --> 00:58:10.280 Right. 1080 00:58:11.119 --> 00:58:14.159 So when I started getting into you know, okay, so 1081 00:58:14.239 --> 00:58:16.280 if you review this, we have an unconditional promise to pay, 1082 00:58:16.280 --> 00:58:18.400 which is a note. We have an unconditional order to pay, 1083 00:58:18.400 --> 00:58:20.360 which is a draft or bill or bill of exchange. 1084 00:58:20.840 --> 00:58:24.719 So when the utility company sends you a bill and 1085 00:58:25.000 --> 00:58:28.840 you pull it out of the mail and you open it, 1086 00:58:28.880 --> 00:58:31.679 you become the holder of the bill. Right, And you 1087 00:58:31.719 --> 00:58:34.199 think to yourself, oh, I have to pay this thing 1088 00:58:34.320 --> 00:58:38.119 with federal reserve notes. Well no, because the a federal 1089 00:58:38.159 --> 00:58:41.280 reserve note is a negotiable instrument. The fucking bill is 1090 00:58:41.360 --> 00:58:46.039 also a negotiable instrument. You're holding cash. The definition of cash, 1091 00:58:46.119 --> 00:58:47.599 if you get on that rabbit hole, which we're not 1092 00:58:47.599 --> 00:58:50.519 going to do it takes forever, is literally just a 1093 00:58:50.559 --> 00:58:54.760 negotiable instrument. Because again, a federal reserve note is cash. 1094 00:58:54.880 --> 00:59:01.239 It's a piece of paper. That's a fucking negotiable instrument. 1095 00:59:03.119 --> 00:59:05.719 The fucking bill is a negotiable instrument. It's also a paper. 1096 00:59:07.639 --> 00:59:09.880 So what's the difference between a bill that you get 1097 00:59:09.880 --> 00:59:12.400 in the mail from the utility company or a federal 1098 00:59:12.440 --> 00:59:13.079 reserve note? 1099 00:59:13.119 --> 00:59:16.400 And the answer is nothing. That's the craziest part about it, right. 1100 00:59:17.440 --> 00:59:20.679 So when you start to understand that, and then you 1101 00:59:20.800 --> 00:59:24.079 understand that when you get you know, people get pissed 1102 00:59:24.079 --> 00:59:26.800 off when they get parking tickets. I get super excited 1103 00:59:27.079 --> 00:59:30.800 because what are they sticking underneath by window wiper? 1104 00:59:31.920 --> 00:59:33.920 Cash? 1105 00:59:34.000 --> 00:59:37.480 A parking ticket is cash, A utility bill is cash, 1106 00:59:37.559 --> 00:59:38.760 a phone bill is cash. 1107 00:59:38.880 --> 00:59:40.400 It's all cash. 1108 00:59:40.480 --> 00:59:43.280 If it's in pay per form and it doesn't state 1109 00:59:43.280 --> 00:59:44.800 the PAYE on it, which you're going to get into 1110 00:59:44.840 --> 00:59:45.719 a moment, it's cash. 1111 00:59:45.960 --> 00:59:46.159 Right. 1112 00:59:47.039 --> 00:59:50.239 So if you're getting cash all the time from every 1113 00:59:50.239 --> 00:59:53.880 direction and you're becoming the holder, how do you operate 1114 00:59:53.960 --> 00:59:54.400 with all. 1115 00:59:54.280 --> 00:59:56.639 Of this cash? Basically is the question? Right? 1116 00:59:56.840 --> 00:59:59.800 And this is where things get really exciting. So and then, 1117 01:00:00.440 --> 01:00:03.800 like I said, it's a super long, super complicated definition. 1118 01:00:04.000 --> 01:00:06.800 And when you start seeing definitions like this from my 1119 01:00:06.840 --> 01:00:08.480 mouse is and you just see it goes on and 1120 01:00:08.480 --> 01:00:11.079 on and on with like tons of legal traum analogy. 1121 01:00:11.079 --> 01:00:13.360 This basically means we don't want you to look here. 1122 01:00:15.199 --> 01:00:20.400 The longer and crazier the definitions get, the more you 1123 01:00:20.519 --> 01:00:22.000 know this is where you. 1124 01:00:21.920 --> 01:00:22.639 Should be looking. 1125 01:00:23.239 --> 01:00:26.719 Yeah, I mean, the the human intention span is dwindling 1126 01:00:26.760 --> 01:00:29.400 by the day, you know, with all these short short 1127 01:00:29.519 --> 01:00:33.679 form videos and whatnot. So yeah, I mean, the more 1128 01:00:33.800 --> 01:00:37.440 words and the more complicated legal speak type of words 1129 01:00:37.480 --> 01:00:40.480 that you can put to a definition, ain't nobody looking 1130 01:00:40.519 --> 01:00:41.199 at that shit. 1131 01:00:41.480 --> 01:00:42.360 And that's the whole point. 1132 01:00:42.400 --> 01:00:44.920 You look at the word draw e means a person 1133 01:00:45.159 --> 01:00:48.639 ordered in a draft to make a payment, nice and short, 1134 01:00:48.800 --> 01:00:51.760 not that hard to understand. And then you look at 1135 01:00:51.800 --> 01:00:53.920 the word endorsement, which I'm not even gonna bother trying 1136 01:00:53.920 --> 01:00:56.079 to read because it's just gonna drive all your audience totally. 1137 01:00:56.360 --> 01:00:58.119 You know, they're gonna be jumping out of windows and shit. 1138 01:00:58.639 --> 01:01:01.079 But basically, like when you look a definition like this 1139 01:01:01.119 --> 01:01:02.440 and it goes on and on and on, it makes 1140 01:01:02.440 --> 01:01:06.119 you want to, you know, unalive yourself. It probably means 1141 01:01:06.400 --> 01:01:09.239 this is where they don't want you looking. And honestly, 1142 01:01:10.280 --> 01:01:13.400 in the whole world of financials, if there's one thing 1143 01:01:13.760 --> 01:01:16.360 that the banks and all these people would just are 1144 01:01:16.440 --> 01:01:19.119 just absolutely terrified of you ever finding out anything about 1145 01:01:19.440 --> 01:01:22.480 it is about endorsements. Endorsements where all the power is okay, 1146 01:01:22.480 --> 01:01:24.920 So we're going to get into that right now. So 1147 01:01:25.400 --> 01:01:27.840 what are the various types of endorsements? 1148 01:01:27.960 --> 01:01:28.119 Right? 1149 01:01:28.119 --> 01:01:30.920 And again, endorsement is just shit that you write on 1150 01:01:31.000 --> 01:01:36.719 something that basically makes it like exchangeable or transferable or redeemable. 1151 01:01:36.840 --> 01:01:39.079 Okay, And you're basically. 1152 01:01:38.599 --> 01:01:41.679 Writing the rules as the holder. The holder has the 1153 01:01:41.760 --> 01:01:47.159 right to basically negotiate the instrument. Negotiation means a transfer 1154 01:01:47.199 --> 01:01:51.159 of possession, whether voluntary or involuntary, of an instrument by 1155 01:01:51.199 --> 01:01:54.960 a person other than the issuer to the person who 1156 01:01:54.960 --> 01:01:56.920 of thereboy becomes this holder. But you can just skip 1157 01:01:56.920 --> 01:01:58.639 that last part that can be a little confusing. It's 1158 01:01:58.679 --> 01:02:01.119 just a transfer of possession. Let's just start with that. 1159 01:02:01.199 --> 01:02:04.559 This is the first few words here. Negotiation is transfer 1160 01:02:04.599 --> 01:02:07.280 of possession. So when you hear the term negotiable instrument, 1161 01:02:08.119 --> 01:02:11.480 it's just an instrument that has value that can be transferred. Basically, 1162 01:02:11.559 --> 01:02:13.840 It's that simple. And then what is negotiation. It's the 1163 01:02:13.920 --> 01:02:16.559 actual act of transferring it essentially, right, how does a 1164 01:02:16.559 --> 01:02:22.599 transfer occur through endorsements? Endorsement is the code. So let's say, 1165 01:02:22.639 --> 01:02:27.760 for example, a negotiable instrument was basically had like a 1166 01:02:27.800 --> 01:02:32.519 special code on it that basically in that code contained 1167 01:02:32.639 --> 01:02:37.760 its like negotiation parameters. That code would be called the endorsement. 1168 01:02:37.800 --> 01:02:39.880 If you can think of it that way, that would 1169 01:02:39.920 --> 01:02:41.400 be a really good way of thinking about it. 1170 01:02:41.559 --> 01:02:41.760 Right. 1171 01:02:43.400 --> 01:02:45.239 So, there's a bunch of different types of endorsement, but 1172 01:02:45.239 --> 01:02:47.679 there's really only three that we really need to understand 1173 01:02:47.679 --> 01:02:50.599 in order to really be able to operate with negotiable instruments. 1174 01:02:50.960 --> 01:02:55.119 There's the blank endorsement, the special endorsement, and the qualified endorsement. Okay, 1175 01:02:55.639 --> 01:02:59.800 blank endorsement does not state the paye and automatically makes 1176 01:02:59.840 --> 01:03:01.800 the instrument payable to the bearer. 1177 01:03:02.760 --> 01:03:05.400 This is what people are doing all the time. So 1178 01:03:05.679 --> 01:03:06.599 if you have. 1179 01:03:08.119 --> 01:03:11.000 A promissory note and they slide the promissory note across 1180 01:03:11.039 --> 01:03:14.519 the table and they say sign here, mister Williams, and 1181 01:03:14.559 --> 01:03:17.599 you sign, and you do not state the paye of 1182 01:03:17.679 --> 01:03:21.559 the note, you are doing a blank endorsement on that note, 1183 01:03:21.960 --> 01:03:25.519 which makes the note payable to whoever has it. When 1184 01:03:25.559 --> 01:03:28.239 you slide the note back across the table to the 1185 01:03:28.239 --> 01:03:30.840 person who's taking it from you, they are now the 1186 01:03:30.880 --> 01:03:33.960 holder of the note, and they now possess the value 1187 01:03:34.000 --> 01:03:38.800 of that note, but you can write a special endorsement 1188 01:03:38.920 --> 01:03:41.800 on it which states the paye, and you actually, as 1189 01:03:41.800 --> 01:03:44.920 the holder, can state the paye and write it on 1190 01:03:45.039 --> 01:03:47.519 the note before you issue it back to the person 1191 01:03:47.559 --> 01:03:51.440 who's taking it from you. Now, I'm gonna explain how 1192 01:03:51.480 --> 01:03:53.400 that works and that kind of thing. 1193 01:03:53.840 --> 01:03:54.280 Okay. 1194 01:03:54.880 --> 01:03:58.320 So the way I learned about this is I had 1195 01:03:58.320 --> 01:04:02.000 my people go out and start getting copies of their 1196 01:04:02.440 --> 01:04:06.400 mortgages and stuff like that, right, and we started finding 1197 01:04:06.599 --> 01:04:11.119 this terminology on the mortgages in stamp form. And this 1198 01:04:11.159 --> 01:04:13.000 is kind of when I started to kind of dig 1199 01:04:13.079 --> 01:04:17.840 down this whole negotiable instrument endorsement rabbit hole. Right, So 1200 01:04:17.920 --> 01:04:22.679 this is these are all endorsements from mortgages by banks. Okay, 1201 01:04:23.159 --> 01:04:26.159 So you can see here the bank. So you know, 1202 01:04:26.280 --> 01:04:29.119 you signed the mortgage with a blank endorsement, you didn't 1203 01:04:29.119 --> 01:04:31.559 state the paye or anything. You handed it back to 1204 01:04:31.599 --> 01:04:34.880 the bank. The bank took possession as the holder, and 1205 01:04:34.920 --> 01:04:38.679 now they are negotiating the instrument in a completely different way. 1206 01:04:39.400 --> 01:04:42.679 So this is their This is their endorsement without recourse 1207 01:04:43.199 --> 01:04:49.119 paid to the order of Rocket Mortgage llc FKA Quicken 1208 01:04:49.239 --> 01:04:54.519 Loans LLLC by that's an actual hand signature. And then 1209 01:04:54.519 --> 01:04:57.920 who is the person signing it, Stephanie Beaver's what is 1210 01:04:57.960 --> 01:05:04.320 that person's position in the financial company? Capture manager? And 1211 01:05:04.360 --> 01:05:07.079 I started seeing the same terminology over and over again. 1212 01:05:07.400 --> 01:05:10.360 Paid to the order of country Wide Home Loans Inc. 1213 01:05:10.599 --> 01:05:17.679 Without recourse, Countrywide Document Customary Services, a division of Treasury Bank, 1214 01:05:17.800 --> 01:05:26.119 and a buy signature. Lori Meter, Vice President, And then 1215 01:05:25.840 --> 01:05:31.519 when she negotiated it to Countrywide Home Loans, Inc. And 1216 01:05:31.559 --> 01:05:36.039 then country Wide Home Loans Inc. Further negotiated it again, 1217 01:05:37.000 --> 01:05:40.280 paid to the order of without recourse country Wide Home 1218 01:05:40.320 --> 01:05:40.920 Loans Inc. 1219 01:05:41.079 --> 01:05:44.719 Buy Signature. David A. Specter, Managing Director. 1220 01:05:44.840 --> 01:05:48.280 So most people know when you have a mortgage, typically 1221 01:05:48.760 --> 01:05:51.480 whatever the banking institution is, they sell it to another 1222 01:05:51.559 --> 01:05:54.559 institution within sixty days typically whenever you have a mortgage. 1223 01:05:54.639 --> 01:05:56.719 I'm sure you guys are aware of that, right right, 1224 01:05:57.519 --> 01:06:00.639 this is what they're doing. So they take the original 1225 01:06:00.679 --> 01:06:04.239 note and they're writing these endorsements on the note in 1226 01:06:04.320 --> 01:06:08.440 order to further negotiate the note to the next party 1227 01:06:08.480 --> 01:06:11.639 who's going to become the holder. And this is all 1228 01:06:12.199 --> 01:06:15.800 banking information, right. So here's another example. 1229 01:06:16.280 --> 01:06:16.840 Pay to the. 1230 01:06:16.880 --> 01:06:22.800 Order of PhH Mortgage Corporation without recourse Town and Country Bank. 1231 01:06:23.519 --> 01:06:27.599 This one isn't even signed. You could actually you could 1232 01:06:27.599 --> 01:06:30.119 actually sue on this one, and that'd be an interesting lawsuit. 1233 01:06:30.320 --> 01:06:33.480 This was never even legally transferred properly. There's no signature, right, 1234 01:06:35.559 --> 01:06:37.119 That's not what we're going to get into on this show. 1235 01:06:37.320 --> 01:06:38.920 What I'm gonna teach you is way better than that. 1236 01:06:39.039 --> 01:06:42.119 But anyways, here's another one without recourse. Pay to the 1237 01:06:42.239 --> 01:06:44.679 Order of Crick and Loans LLC. Buy. 1238 01:06:44.960 --> 01:06:48.280 Here's a signature name, capture manager. You're seeing. 1239 01:06:48.360 --> 01:06:50.840 It's the same thing over and over again. So again 1240 01:06:51.920 --> 01:06:54.519 we have three types of the three main types of 1241 01:06:54.599 --> 01:06:56.440 endorsements that they're going to be seeing and using. The 1242 01:06:56.480 --> 01:07:00.519 blank endorsement, the special endorsement, and the qualified endorsement. You're 1243 01:07:00.559 --> 01:07:04.639 doing a blank endorsement. You're not stating any any any 1244 01:07:04.800 --> 01:07:08.599 interest in the note. You're giving it to them. The 1245 01:07:08.639 --> 01:07:11.639 instrument becomes payable to the bearer anybody who possesses it. 1246 01:07:12.760 --> 01:07:15.800 They're claiming the instrument and then making it payable to 1247 01:07:15.800 --> 01:07:19.159 basically to themselves essentially. And this is all check It's 1248 01:07:19.199 --> 01:07:22.480 all the same terminology I'll see on a check check picture, 1249 01:07:25.760 --> 01:07:29.320 pay to the order of is the terminology used right 1250 01:07:29.360 --> 01:07:31.519 here on your checks when you write someone's name or 1251 01:07:31.559 --> 01:07:35.400 a business here, pay to the order of. And then 1252 01:07:35.440 --> 01:07:38.079 this is your endorsement line. They call it a signature, 1253 01:07:38.119 --> 01:07:41.840 but it's actually an endorsement. And this this check is 1254 01:07:41.880 --> 01:07:44.760 a negotiable instrument. It's an unconditional order to pay. You're 1255 01:07:44.880 --> 01:07:50.840 ordering the bank to pay Jane Smith. The paye paid 1256 01:07:50.920 --> 01:07:53.599 to the order of is Jane Smith. And then this 1257 01:07:53.639 --> 01:07:57.840 is your endorsement, and you're you're it's an unconditional order 1258 01:07:57.880 --> 01:08:05.199 to pay you John are unconditionally ordering bank whatever bank, 1259 01:08:05.239 --> 01:08:08.480 this is to pay Jane Smith. So this is a 1260 01:08:08.519 --> 01:08:12.119 negotiable instrument in itself. So what is this thing. It's 1261 01:08:12.159 --> 01:08:17.920 an unconditional order to move, unconditional promises to pay from 1262 01:08:18.319 --> 01:08:21.760 this account listed on the check to Jane Smith's account. 1263 01:08:23.239 --> 01:08:26.399 So on the I know, all just negotiable instruments. On 1264 01:08:26.520 --> 01:08:29.039 the back of a check. It does say endorsement where 1265 01:08:29.039 --> 01:08:31.079 you're supposed to like sign it on the back. That's 1266 01:08:31.159 --> 01:08:34.319 an E endorsement, not the IE endorsement. Does it matter 1267 01:08:34.359 --> 01:08:35.159 in that context? 1268 01:08:35.439 --> 01:08:37.239 I don't think it does. It's the same term. 1269 01:08:37.399 --> 01:08:38.800 As far as I can tell, I'm not one hundred 1270 01:08:38.800 --> 01:08:40.159 percent you're on that, But as far as I can tell, 1271 01:08:40.199 --> 01:08:40.840 it's the same term. 1272 01:08:40.920 --> 01:08:44.239 Yeah, okay, So you can do all sorts. 1273 01:08:44.039 --> 01:08:46.039 Of different things in the back of those checks, right, 1274 01:08:46.079 --> 01:08:47.199 and you can do all sorts of things on the 1275 01:08:47.199 --> 01:08:49.640 front of the check too. People don't realize you're endorsing 1276 01:08:49.720 --> 01:08:52.039 the front of the check too. They don't for some reason, 1277 01:08:52.079 --> 01:08:55.079 they don't put that on there. They say signature signature. 1278 01:08:55.760 --> 01:08:59.039 Endorsement means a signature. So it's the same thing. You 1279 01:08:59.039 --> 01:09:04.079 can see it right here, right, So basically, what exactly 1280 01:09:04.119 --> 01:09:04.920 is the bank doing? 1281 01:09:05.079 --> 01:09:05.239 Right? 1282 01:09:05.279 --> 01:09:06.880 And this is the part where we're going to answer 1283 01:09:06.960 --> 01:09:08.800 your question like why are they doing this? Like where's 1284 01:09:08.800 --> 01:09:09.439 the value in this? 1285 01:09:09.680 --> 01:09:10.760 Right? 1286 01:09:11.359 --> 01:09:19.720 The Federal Reserve Discount Window f RB discount window dot 1287 01:09:19.720 --> 01:09:23.760 o RG Right, And you know when they say, you know, 1288 01:09:23.800 --> 01:09:26.880 when they say inflation and they say like economic downturn 1289 01:09:26.960 --> 01:09:29.840 and they talk about, you know, FED interest rates, this 1290 01:09:29.880 --> 01:09:32.279 is what they're talking about when they say Fed interest rates, 1291 01:09:32.560 --> 01:09:36.600 They're talking about interest rates at the Federal Reserve discount window. 1292 01:09:37.920 --> 01:09:42.680 So how does the Federal Reserve discount window work? Twelve 1293 01:09:43.119 --> 01:09:46.079 USC four one two tells you exactly how to use 1294 01:09:46.119 --> 01:09:52.520 the Federal Reserve discount window application for notes collateral required. 1295 01:09:55.239 --> 01:09:57.880 Any Federal Reserve Bank may make application to the local 1296 01:09:57.920 --> 01:10:01.079 Federal Reserve Agent for such amount of the Federal Reserve 1297 01:10:01.159 --> 01:10:05.279 notes here and before provided for as it may require. 1298 01:10:05.359 --> 01:10:09.199 So everybody knows the Federal Reserve prince money or prince currency. 1299 01:10:09.359 --> 01:10:11.760 You know, currency is actually you look at the definition 1300 01:10:11.800 --> 01:10:14.640 of the word currency, it includes notes and bills and stuff, 1301 01:10:14.680 --> 01:10:17.560 so the proper term wouldn't be money, it actually be currency, 1302 01:10:17.960 --> 01:10:20.760 which is why it says writing UCC three, they're talking 1303 01:10:20.760 --> 01:10:24.680 about negotiable instruments, not money, right. But it's confusing because 1304 01:10:24.720 --> 01:10:26.079 then they use the word money in a bunch of 1305 01:10:26.119 --> 01:10:28.880 the other areas, so it's just really stupid. Obviously it's 1306 01:10:28.920 --> 01:10:32.000 made to confuse people. Right, So back to this, such 1307 01:10:32.039 --> 01:10:35.800 application shall be accompanied with a tender. Tender means an 1308 01:10:35.880 --> 01:10:39.199 unconditional offer, by the way, So like if you're going 1309 01:10:39.239 --> 01:10:42.600 to give someone a silver coin or a Federal Reserve note, 1310 01:10:42.880 --> 01:10:45.960 if you extend your hand and you offer it unconditionally, 1311 01:10:46.399 --> 01:10:47.479 that would be a tender. 1312 01:10:47.560 --> 01:10:49.319 That's the legal definition of the word tender. 1313 01:10:49.399 --> 01:10:53.119 Okay, So such application shall be accompanied with a tender 1314 01:10:53.239 --> 01:10:56.399 to the local Federal Reserve Agent of collateral an amount 1315 01:10:56.439 --> 01:10:58.880 equal to the sum of the federal Reserve notes thus 1316 01:10:58.920 --> 01:10:59.439 applied for. 1317 01:11:00.319 --> 01:11:01.600 So basically what are they saying. 1318 01:11:02.439 --> 01:11:06.000 They're saying, if you want federal reserve notes, all you 1319 01:11:06.039 --> 01:11:09.720 have to do is write an application for notes and 1320 01:11:09.880 --> 01:11:14.840 give us some kind of negotiable instrument to exchange as collateral. 1321 01:11:16.640 --> 01:11:18.399 And they say right here in the next line, the 1322 01:11:18.399 --> 01:11:24.000 collateral security thus offered shall be notes, drafts, bills of exchange, 1323 01:11:24.039 --> 01:11:26.520 et cetera. And they get into all sorts of other things, right, 1324 01:11:26.560 --> 01:11:28.880 but it's all the same shit. So if I were 1325 01:11:28.920 --> 01:11:31.359 to say all this in English, it would be, Hey, 1326 01:11:31.359 --> 01:11:34.279 if you want federal reserve notes, come to our discount window, 1327 01:11:34.640 --> 01:11:37.039 write up an application and give us some kind of 1328 01:11:37.079 --> 01:11:40.560 other note or draft or bill, and we'll swap them 1329 01:11:40.560 --> 01:11:41.960 for you at the. 1330 01:11:42.000 --> 01:11:43.159 Rate at these rates. 1331 01:11:45.279 --> 01:11:48.000 So what's happening is if we go back to these 1332 01:11:48.239 --> 01:11:53.279 mortgage notes. So what's happening is is the you're not 1333 01:11:53.319 --> 01:11:55.119 getting a loan. No one's ever gotten a loan in 1334 01:11:55.159 --> 01:11:57.359 there since nineteen thirty three. And the reason why is 1335 01:11:57.399 --> 01:12:01.520 because what's happening as the bank, you're doing a blank endorsement. 1336 01:12:02.119 --> 01:12:05.279 The bank takes possession as the holder, the bank is 1337 01:12:05.560 --> 01:12:09.680 making the note payable to themselves. That this is all 1338 01:12:09.760 --> 01:12:12.319 in preparation to either sell the note or to go 1339 01:12:12.399 --> 01:12:16.199 to the window. So this mortgage has the value of 1340 01:12:16.319 --> 01:12:19.159 whatever you promise to pay. So you promise to pay 1341 01:12:19.199 --> 01:12:22.600 seven hundred thousand dollars at four percent interest over thirty years, right, 1342 01:12:23.359 --> 01:12:27.079 So the note is actually worth the full value. So 1343 01:12:27.159 --> 01:12:30.000 it's worth the full value of the full maturity of 1344 01:12:30.039 --> 01:12:31.960 the note. So it's worth like one point three million. 1345 01:12:32.920 --> 01:12:36.319 So they're making the one point three million payable to themselves, 1346 01:12:36.439 --> 01:12:38.760 and then they're going to the Federal Reserve discount window. 1347 01:12:39.560 --> 01:12:42.520 The Federal Reserve Discount Window takes their five percent and 1348 01:12:42.560 --> 01:12:46.560 then gives them back the one point three seven million 1349 01:12:46.680 --> 01:12:48.960 or whatever it is. And they turn around and they 1350 01:12:49.000 --> 01:12:51.159 give you the seven hundred thousand, and then theyde five 1351 01:12:51.239 --> 01:12:53.199 hundred grand on the goddamn thing before you even make 1352 01:12:53.279 --> 01:12:54.159 us a single payment. 1353 01:12:56.119 --> 01:12:59.720 Sketchy dude. It's it's just all one big ass scam, dude. 1354 01:12:59.760 --> 01:13:00.920 It's like, right. 1355 01:13:01.239 --> 01:13:04.600 And it gets crazier because you've noticed that they're doing 1356 01:13:04.640 --> 01:13:07.239 the special endorsement. They're also doing this without recourse thing 1357 01:13:08.119 --> 01:13:11.760 without recourse, Right, So you type into the internet, what 1358 01:13:12.560 --> 01:13:17.159 without recourse. And this this actually even gets this is 1359 01:13:17.199 --> 01:13:19.640 actually even creazy. This is where it gets really crazy, 1360 01:13:19.800 --> 01:13:24.520 by the way. So, so in financial transaction it's called 1361 01:13:24.520 --> 01:13:25.720 a qualified endorsement. 1362 01:13:25.760 --> 01:13:27.479 They don't say that here, I don't think, but that's 1363 01:13:27.520 --> 01:13:28.039 what it's called. 1364 01:13:29.159 --> 01:13:33.840 In financial transactions, without recourse disclaims any liability to the 1365 01:13:33.880 --> 01:13:38.159 subsequent holder of a financial instrument. Thus, endorsing a check 1366 01:13:38.239 --> 01:13:41.039 and adding without recourse to the signature means that the 1367 01:13:41.239 --> 01:13:45.399 endorser takes no responsibility if the check bounces for insufficient funds. 1368 01:13:46.000 --> 01:13:50.319 So what what is without recourse? It means, like people 1369 01:13:50.359 --> 01:13:53.239 always say, like a lot of the naysayers, they always say, oh, well, Brandon, 1370 01:13:53.640 --> 01:13:55.880 if they go to the Federal Reserve discount window, they're 1371 01:13:55.920 --> 01:13:59.359 basically getting a loan from the Federal Reserve on the 1372 01:13:59.399 --> 01:14:03.560 original vote. That's true, and they would have to pay 1373 01:14:03.600 --> 01:14:08.159 back that loan if they didn't put without recourse, because 1374 01:14:08.199 --> 01:14:13.000 they put without recourse on these on these documents. 1375 01:14:13.159 --> 01:14:14.119 Without recourse. 1376 01:14:14.640 --> 01:14:18.960 Without recourse basically in English means you can keep this 1377 01:14:19.199 --> 01:14:22.000 note and I'm never going to give you anything more 1378 01:14:23.119 --> 01:14:24.960 on this, and this is it. This is all you're 1379 01:14:25.000 --> 01:14:27.479 ever going to get. So what's happening is is that 1380 01:14:27.760 --> 01:14:30.239 people like the naysayers will say, oh, yeah, but they 1381 01:14:30.239 --> 01:14:32.720 have to pay back the Federal Reserve on this loan. No, 1382 01:14:32.840 --> 01:14:36.439 they don't because they use the without without recourse qualified endorsement. 1383 01:14:37.479 --> 01:14:40.359 So when they walk away from the Federal Reserve discount window, 1384 01:14:40.880 --> 01:14:45.960 they the Federal Reserve gets the full value of the node, 1385 01:14:46.600 --> 01:14:49.840 and then they get Federal Reserve notes in exchange minus 1386 01:14:49.880 --> 01:14:53.039 the five percent discount fee. That's why it's called the 1387 01:14:53.079 --> 01:14:57.079 Federal Reserve discount window. So the Federal Reserve walks away 1388 01:14:57.159 --> 01:15:02.279 with that original note essentially collateralized. The banking institution that's 1389 01:15:02.319 --> 01:15:04.920 basically operating as a middleman between you and the Federal 1390 01:15:04.960 --> 01:15:08.439 Reserve gets the Federal Reserve notes free and clear. They 1391 01:15:08.479 --> 01:15:10.880 never have to pay the Federal Reserve back any of this. 1392 01:15:12.039 --> 01:15:15.479 So what happens is now on your mortgage, they've already 1393 01:15:15.479 --> 01:15:19.760 made five hundred thousand dollars on your mortgage immediately before 1394 01:15:19.800 --> 01:15:22.399 you even got your funds. They already made five hundred 1395 01:15:22.399 --> 01:15:26.680 thousand dollars on the transaction. Plus they own your house 1396 01:15:26.760 --> 01:15:29.520 as collateral on the loan. Plus you're going to be 1397 01:15:29.520 --> 01:15:32.640 paying them now for the next thirty years. Plus now 1398 01:15:32.680 --> 01:15:34.840 what they do is they're all in bed together. So 1399 01:15:34.880 --> 01:15:37.399 in the next sixty days they sell the full value 1400 01:15:37.439 --> 01:15:40.039 of the note at seventy percent of its value. So 1401 01:15:40.079 --> 01:15:43.359 what's actually happening is within sixty days they've made millions 1402 01:15:43.399 --> 01:15:47.399 of dollars on your original node, and plus if you 1403 01:15:47.439 --> 01:15:49.880 don't pay after fifteen years, they take the whole house 1404 01:15:49.920 --> 01:15:51.520 back and they do the whole cycle over again with 1405 01:15:51.560 --> 01:15:52.079 somebody else. 1406 01:15:53.439 --> 01:15:58.960 So this is done by banks and the Federal Reserve 1407 01:15:59.479 --> 01:16:03.039 is okay, hay with this or are they also profiting 1408 01:16:03.079 --> 01:16:05.319 from this in some form or fashion or is it 1409 01:16:05.359 --> 01:16:08.199 mainly just the banks that are taking all this to 1410 01:16:08.279 --> 01:16:08.720 the bank? 1411 01:16:09.439 --> 01:16:12.439 Well, we can we can assume we've already covered earlier 1412 01:16:12.439 --> 01:16:16.720 that the Ninth Circuit Court of Appeal has already said 1413 01:16:16.720 --> 01:16:18.920 that they've dug into this in great detail, and they've 1414 01:16:18.920 --> 01:16:22.800 figured out that the Federal Reserve is a completely private corporation, 1415 01:16:23.119 --> 01:16:24.920 locally controlled and whatever. 1416 01:16:25.000 --> 01:16:25.399 Right, So. 1417 01:16:26.920 --> 01:16:33.840 The banking institutions, I believe, are basically government instrumentalities essentially, right. 1418 01:16:33.880 --> 01:16:36.840 I haven't gone super terribly far down that rabbit hole, 1419 01:16:36.880 --> 01:16:39.720 but basically you have the banks and the financial institutions, 1420 01:16:39.720 --> 01:16:43.079 and the credit card companies and the MX's they're basically 1421 01:16:43.079 --> 01:16:46.439 operating as middle men between US and the Federal Reserve 1422 01:16:46.479 --> 01:16:51.920 Discount Window. It's basically all it is. So so when 1423 01:16:52.000 --> 01:16:53.960 you have your credit card and you use your credit 1424 01:16:54.000 --> 01:16:57.680 card and you produce an unconditional promise to pay with 1425 01:16:57.840 --> 01:17:06.520 American Express, American Express is digitally instantaneously swapping your unconditional 1426 01:17:06.560 --> 01:17:08.880 promise to pay for Federal Reserve notes at the Federal 1427 01:17:08.880 --> 01:17:13.079 Reserve Discount Window. There's two different systems. There's fed wire, 1428 01:17:13.279 --> 01:17:20.760 which is the older system used for larger transactions. When 1429 01:17:20.800 --> 01:17:23.319 they write an endorsement on the face of a mortgage 1430 01:17:23.359 --> 01:17:26.000 and then they go and they exchange that mortgage document 1431 01:17:26.000 --> 01:17:31.279 for Federal Reserve notes. They're probably using fedwire for smaller 1432 01:17:31.359 --> 01:17:34.600 transactions like credit card transactions and stuff like that. They're 1433 01:17:34.600 --> 01:17:39.279 probably using fed now, which is the other system. It's 1434 01:17:39.319 --> 01:17:43.159 an instantaneous system and it's very new. It came just 1435 01:17:43.279 --> 01:17:47.319 last year, right, so nowadays, they're probably using fed now 1436 01:17:47.399 --> 01:17:49.760 for a lot of the credit card transactions, and they 1437 01:17:49.760 --> 01:17:52.960 were probably using fedwire for a lot of the credit 1438 01:17:52.960 --> 01:17:57.439 card transactions prior to July of twenty twenty three. But 1439 01:17:57.520 --> 01:18:02.439 basically what's happening is is your currency that you just manufactured. 1440 01:18:03.600 --> 01:18:08.079 It was swapped on fedwire for Federal Reserve notes, and then, 1441 01:18:08.159 --> 01:18:12.439 because you don't know how to endorse and negotiate, you 1442 01:18:12.560 --> 01:18:16.720 basically deposited this unconditional promise to pay and never claimed it. 1443 01:18:17.439 --> 01:18:19.399 And at the end of the month, when they send 1444 01:18:19.399 --> 01:18:22.800 you a quote unquote bill, what they're actually sending you 1445 01:18:22.920 --> 01:18:25.880 is a statement of all of the unconditional promises to 1446 01:18:25.920 --> 01:18:28.000 pay that you deposited on the account. And it gets 1447 01:18:28.039 --> 01:18:31.600 even crazier if you think about it. So the interest rates, 1448 01:18:31.880 --> 01:18:33.880 like oh, you got to pay twenty seven percent interest 1449 01:18:33.920 --> 01:18:38.520 or eighteen percent interest, that's actually payable to you. You're 1450 01:18:38.560 --> 01:18:40.840 the one that creates the currency and then deposits it, 1451 01:18:41.000 --> 01:18:44.560 deposits it, they're able to basically use the value of 1452 01:18:44.600 --> 01:18:47.840 that currency, and then the interest value is actually payable 1453 01:18:47.880 --> 01:18:52.039 to you. You're actually supposed to be getting the investment 1454 01:18:52.159 --> 01:18:56.319 the interest. So the higher interest rates is actually what 1455 01:18:56.359 --> 01:18:58.760 you want, not lower interest rates. It's just because nobody 1456 01:18:58.800 --> 01:19:01.439 understands any of this. They everybody's trying to get the 1457 01:19:01.479 --> 01:19:04.680 lowest interest rate. You actually want the highest interest rate possible. 1458 01:19:05.640 --> 01:19:08.279 Everything you do, you should be asking for the absolute 1459 01:19:08.399 --> 01:19:11.359 highest interest rate you can possibly get. Because that interest 1460 01:19:11.399 --> 01:19:14.840 is actually payable to you when you actually claim the 1461 01:19:14.880 --> 01:19:16.439 instruments as yours. 1462 01:19:16.439 --> 01:19:17.560 You created the. 1463 01:19:17.439 --> 01:19:21.800 Instrument, and then you're failing to claim ownership of the instruments. 1464 01:19:21.840 --> 01:19:22.960 That's really all that's happening. 1465 01:19:23.279 --> 01:19:27.560 But doesn't that mean a higher note? What do you mean, 1466 01:19:28.159 --> 01:19:31.760 for instance, buying a home? If you want a high 1467 01:19:31.800 --> 01:19:33.560 interest rate when you buy a home, doesn't that mean 1468 01:19:33.560 --> 01:19:35.199 that your monthly payment's going to be higher? 1469 01:19:36.640 --> 01:19:39.199 There wouldn't be a monthly payment because if you claim 1470 01:19:39.319 --> 01:19:42.880 the original note as yours and you actually endorse it properly, 1471 01:19:42.960 --> 01:19:44.720 the house instantaneously pays for itself. 1472 01:19:44.720 --> 01:19:45.680 There would be no payments. 1473 01:19:46.640 --> 01:19:52.239 Okay, So is this hypothetical or are people actually get 1474 01:19:52.319 --> 01:19:54.680 like doing this kind of stuff and proving that you 1475 01:19:54.720 --> 01:19:55.319 can do it? 1476 01:19:56.319 --> 01:20:02.800 So with the irssets really really really really easy. With 1477 01:20:03.000 --> 01:20:07.119 everything else, it's really really really difficult. 1478 01:20:08.239 --> 01:20:09.319 Actually no, I take that back. 1479 01:20:09.359 --> 01:20:15.720 So collections and medical bills and irs, collections, medical bills 1480 01:20:15.760 --> 01:20:17.319 and irs super easy. 1481 01:20:17.760 --> 01:20:20.600 You can do this, very very easy. They'll accept it. 1482 01:20:20.600 --> 01:20:21.800 It's fine. 1483 01:20:21.880 --> 01:20:25.239 Everything else under the sun, moon and stars super tough. 1484 01:20:25.720 --> 01:20:28.560 You have to litigate. They treat you like a crazy person. 1485 01:20:28.600 --> 01:20:30.920 They call you a sovereign citizen all this craziness, right. 1486 01:20:30.960 --> 01:20:36.279 So basically, but let's go a little far. Let me 1487 01:20:36.399 --> 01:20:39.720 let me explain the last parts of this and then 1488 01:20:39.760 --> 01:20:43.159 we'll and then we'll jump into the reality of what's 1489 01:20:43.159 --> 01:20:46.119 actually occurring in this world and litigation and all that stuff. Okay, 1490 01:20:47.520 --> 01:20:50.239 So you get an unconditional promise to pay, order to pay, 1491 01:20:50.720 --> 01:20:53.720 you become the holder, You endorse the instrument to prepare 1492 01:20:53.720 --> 01:20:56.359 it for negotiation, which is what you're doing all the 1493 01:20:56.359 --> 01:21:00.800 time anyways, and you just don't realize it. Here's an 1494 01:21:00.840 --> 01:21:03.079 example of what something I could write on mind that 1495 01:21:03.079 --> 01:21:05.079 would look exactly the same as what a banquet would 1496 01:21:05.079 --> 01:21:07.039 be doing. Is without recourse, pay to the order of 1497 01:21:07.119 --> 01:21:10.239 Brandon Joe Williams by Williams, Brandon Joe agent. 1498 01:21:10.359 --> 01:21:11.479 Right now. 1499 01:21:11.479 --> 01:21:13.319 At that point, you're going to tender it back to 1500 01:21:13.359 --> 01:21:16.279 the person entitled to enforce the instrument, which is whoever 1501 01:21:16.319 --> 01:21:17.960 it is that it's supposed to be payable to, or 1502 01:21:17.960 --> 01:21:19.760 whoever it is that is going to be coming after 1503 01:21:19.800 --> 01:21:23.279 you if you don't pay it right now at that point. 1504 01:21:23.520 --> 01:21:25.680 If you read UCC three or you go through my 1505 01:21:25.960 --> 01:21:28.800 journey into UCC three video series six part video series, 1506 01:21:28.840 --> 01:21:31.720 you'll see at this point legally, what they have to 1507 01:21:31.760 --> 01:21:35.800 do is they have two options. They can either apply 1508 01:21:35.960 --> 01:21:39.880 the amount as a payment hooray, or they can dishonor 1509 01:21:40.079 --> 01:21:43.680 the instrument in accordance with the rules of dishonor, which 1510 01:21:43.720 --> 01:21:48.000 is found at UCC three DASH five oh two. There's 1511 01:21:48.039 --> 01:21:50.960 two sets of rules of dishonor. One set of rule 1512 01:21:51.039 --> 01:21:53.800 is dishonoring a note, and the other set of rules 1513 01:21:53.840 --> 01:21:57.960 is dishonoring a draft, which is subsection B. Right, So 1514 01:21:58.039 --> 01:22:00.479 if you have if you have a draft on conditional 1515 01:22:00.600 --> 01:22:03.279 order to pay, and you endorse it and tender it back, 1516 01:22:03.840 --> 01:22:06.680 they can dishonor it under B one, B two, B three, 1517 01:22:06.760 --> 01:22:07.279 or B four. 1518 01:22:07.800 --> 01:22:09.359 If you send in a note. 1519 01:22:10.600 --> 01:22:12.119 Or if they give you a note, or if you 1520 01:22:13.279 --> 01:22:15.359 endorse a note and send it back and they try 1521 01:22:15.359 --> 01:22:18.479 to dishonor it, they can only dishonor it under A one, 1522 01:22:18.640 --> 01:22:22.000 A two, or A three. Okay, Now, the problem is 1523 01:22:22.279 --> 01:22:24.560 they've never they'll never do this. They've never done this. 1524 01:22:24.760 --> 01:22:29.079 We've never ever had a single report of any organization 1525 01:22:29.279 --> 01:22:33.279 dishonoring a note or draft. They basically just say, they 1526 01:22:33.319 --> 01:22:35.279 basically just write you a letter saying that what you 1527 01:22:35.319 --> 01:22:37.399 sent it is not going to be accepted. As payment 1528 01:22:37.920 --> 01:22:41.000 and you know it doesn't change anything, and bought well, 1529 01:22:41.159 --> 01:22:42.720 just a bunch of horse ship basically, right. So what 1530 01:22:42.800 --> 01:22:48.119 happens is UCC three dash six oh three B activates 1531 01:22:49.000 --> 01:22:52.359 tender of payment. So if you get a bill and 1532 01:22:52.399 --> 01:22:54.880 you endorse it and send it back to the correct person, 1533 01:22:55.560 --> 01:22:58.319 if tender of payment of an obligation to pay an 1534 01:22:58.359 --> 01:23:01.680 instrument is made to the person entitled to enforce the 1535 01:23:01.760 --> 01:23:06.399 instrument and the tender is refused, So dishonor is a 1536 01:23:06.399 --> 01:23:09.199 particular term. They're not talking about dishonor. They're talking about 1537 01:23:09.279 --> 01:23:11.800 just refusal, which is basically what they're doing all the time, 1538 01:23:11.840 --> 01:23:17.159 which is we're not accepting your payment. There is discharge 1539 01:23:17.279 --> 01:23:20.880 to the extent of the amount of the tender. So 1540 01:23:20.920 --> 01:23:24.079 what does that mean if you send in a a 1541 01:23:25.760 --> 01:23:28.680 if you endorse an instrument and send it back the instrument, 1542 01:23:29.399 --> 01:23:31.399 an unconditional order to pay or promise to pay is 1543 01:23:31.399 --> 01:23:33.880 the same value in law as a federal reserve note. 1544 01:23:34.560 --> 01:23:37.760 Fiat is fiat. Anyone can manufacture a promise to pay. 1545 01:23:38.000 --> 01:23:41.359 That's the whole point of a fiat system, right. So, 1546 01:23:42.079 --> 01:23:45.079 because it's Fiat and there's just not tied down to anything, 1547 01:23:45.079 --> 01:23:47.840 anybody can do anything. If you promise to pay, or 1548 01:23:47.840 --> 01:23:49.600 if you endorse an order to pay and send it 1549 01:23:49.680 --> 01:23:53.520 back and they refuse it, it still applies to the account. 1550 01:23:54.840 --> 01:23:59.119 So basically, if you translate this into English, they can't refuse. 1551 01:23:59.359 --> 01:24:03.760 They can't refue use. It's physically impossible. So when they 1552 01:24:03.840 --> 01:24:06.520 do refuse it, meaning when they do send you that 1553 01:24:06.640 --> 01:24:08.600 letter and the letter says we're not going to accept 1554 01:24:08.600 --> 01:24:11.399 your payment, what they're sending you is they're sending you 1555 01:24:11.600 --> 01:24:15.640 evidence that you can now use in litigation that subsection 1556 01:24:16.000 --> 01:24:18.720 that three to six oh three B activated and now 1557 01:24:18.760 --> 01:24:22.439 you need a court order to get the original payment, 1558 01:24:22.960 --> 01:24:26.960 which has already been accepted and refused applied to the account. 1559 01:24:27.920 --> 01:24:31.720 So basically, in a nutshell, they can't refuse you doing this. 1560 01:24:31.920 --> 01:24:34.960 It's a physical and legal impossibility for them to stop 1561 01:24:35.000 --> 01:24:38.439 you from doing this activity that they do it anyways, 1562 01:24:39.199 --> 01:24:42.600 but legally they can't, and that's where litigation comes into play. 1563 01:24:42.680 --> 01:24:45.159 So we have a lot of litigation involving this. Now, 1564 01:24:46.279 --> 01:24:49.880 the IRS is super super easy to do this with. 1565 01:24:50.880 --> 01:24:52.720 So let's say you have one hundred thousand dollars an 1566 01:24:52.760 --> 01:24:55.960 IRS dot. You can get that to just vanish so 1567 01:24:56.199 --> 01:24:57.640 fucking easily it's unbelievable. 1568 01:24:57.640 --> 01:24:59.680 We've done it. We've done that a million times. Right. 1569 01:25:00.520 --> 01:25:01.760 So if you go to. 1570 01:25:03.399 --> 01:25:06.960 This section here of the Internal Revenue Manual, they literally 1571 01:25:07.039 --> 01:25:09.279 tell you how you can use this information to get 1572 01:25:09.279 --> 01:25:13.279 your IRS bills to vanish. Right, So let's go and 1573 01:25:13.399 --> 01:25:15.720 read that here we are on the IRS website. Are 1574 01:25:15.720 --> 01:25:17.079 going to go down to where it talks about a 1575 01:25:17.079 --> 01:25:17.800 bill of exchange. 1576 01:25:17.960 --> 01:25:18.159 Right. 1577 01:25:19.359 --> 01:25:23.640 So this is the Internal Revenue Manual, section three dot eight. 1578 01:25:23.439 --> 01:25:25.720 Dot forty five dot five dot ten dot one. 1579 01:25:26.359 --> 01:25:28.960 It's called bill of exchange, which is the same thing 1580 01:25:29.000 --> 01:25:31.239 as the word draft, which is the same thing as 1581 01:25:31.239 --> 01:25:34.159 an unconditional order to pay. It's all the same terminology. 1582 01:25:34.319 --> 01:25:34.439 Right. 1583 01:25:35.520 --> 01:25:38.000 If a bill of exchange or registered bill of exchange 1584 01:25:38.079 --> 01:25:41.960 is received from a taxpayer authorizing the campus to settle 1585 01:25:41.960 --> 01:25:45.960 their account through fedwire, send everything received to the following address. 1586 01:25:46.319 --> 01:25:50.479 Department of the Treasury, Office of Executive Secretary, fifteen hundred 1587 01:25:50.520 --> 01:25:54.640 Pennsylvania Avenue, Northwest, Room three four one three, Washington d 1588 01:25:54.760 --> 01:25:58.520 C two zero two two zero. So what did I do? 1589 01:26:00.079 --> 01:26:02.640 Did exactly what they told me to do. They sent 1590 01:26:02.680 --> 01:26:06.479 me three or four bills, which are bills of exchange. 1591 01:26:07.159 --> 01:26:10.479 I indorsed the bills of exchange using the endorsements that 1592 01:26:10.520 --> 01:26:15.560 we've talked about on the show. I authorized the campus, 1593 01:26:15.600 --> 01:26:19.640 which means the irs to settle the account through fedwire, 1594 01:26:19.800 --> 01:26:22.199 which is the system used to get into the Federal 1595 01:26:22.239 --> 01:26:26.479 Reserve discount window. I have a little cover letter here 1596 01:26:26.479 --> 01:26:29.239 that you can download straight from my website. It's called 1597 01:26:29.359 --> 01:26:32.359 authorization for campus to settle the account of a taxpayer 1598 01:26:32.439 --> 01:26:34.520 using a bill of exchange or registered bill of exchange, 1599 01:26:34.600 --> 01:26:38.640 this process through fedwire. It just says where it's coming from, 1600 01:26:39.000 --> 01:26:41.159 who it's going to. This is the same address we 1601 01:26:41.199 --> 01:26:46.159 saw on the IRM. I have the literal exact wording 1602 01:26:46.199 --> 01:26:48.520 from the IRM right here, and then it just says, 1603 01:26:48.520 --> 01:26:49.960 I would like to take a moment to thank you 1604 01:26:50.680 --> 01:26:52.800 for the service of which you offer to settle the 1605 01:26:52.800 --> 01:26:55.760 account of the so proprietor slash individual on my behalf 1606 01:26:55.840 --> 01:26:59.199 using fedwire and closing. This envelope is the original bills 1607 01:26:59.199 --> 01:27:01.920 of exchange since specifically did the sole proprietor ship slash 1608 01:27:01.920 --> 01:27:05.399 individual named Brandon Williams, which is a DBA for Brandon 1609 01:27:05.439 --> 01:27:06.199 Joe Williams. 1610 01:27:06.439 --> 01:27:07.520 Brandon Joe Williams is. 1611 01:27:07.439 --> 01:27:10.000 Not the draw e drawer or accept or and is 1612 01:27:10.039 --> 01:27:12.399 here by negotiating these instruments back to you, as the 1613 01:27:12.399 --> 01:27:15.760 person entitled to enforce the instruments. Please find the enclosed 1614 01:27:15.760 --> 01:27:19.000 bills of exchange, all endorsed with qualified and special endorsements 1615 01:27:19.039 --> 01:27:21.359 for your processing in accordance with UCC three that's three 1616 01:27:21.359 --> 01:27:25.560 on one or at state adaptation equivalent and irmsection three 1617 01:27:25.600 --> 01:27:28.000 dot eight dot forty five dot five dot ten dot one. 1618 01:27:28.600 --> 01:27:30.760 Myself and my nation thank you for your services. 1619 01:27:30.800 --> 01:27:33.399 And they have not contacted me since, and they stopped 1620 01:27:33.439 --> 01:27:35.479 sending me bills. And this was all the way back 1621 01:27:35.520 --> 01:27:37.359 in November when I sent this in. And it's not 1622 01:27:37.439 --> 01:27:39.880 just me, We've had dozens of people doing this. The 1623 01:27:39.960 --> 01:27:43.800 IRS is very very easy to work with. When it 1624 01:27:43.840 --> 01:27:48.279 comes to this stuff, your IRS bills will vanish. 1625 01:27:48.399 --> 01:27:51.640 So is it not stacking up against you somewhere in 1626 01:27:51.680 --> 01:27:55.359 some office that they're hoping to just plan on fucking 1627 01:27:55.439 --> 01:27:59.840 you majorly one day, or you went their legal route 1628 01:27:59.840 --> 01:28:02.279 to and they have nothing to say back to you, 1629 01:28:02.359 --> 01:28:03.920 so that's why they don't reach back. 1630 01:28:04.560 --> 01:28:07.760 Well, they say, here, what does it say if a 1631 01:28:07.800 --> 01:28:11.680 bill of exchange or registered bill of exchange is received 1632 01:28:11.960 --> 01:28:17.560 from a taxpayer authorizing the campus to settle their account 1633 01:28:17.920 --> 01:28:21.720 using FED wire so if you break it down, they 1634 01:28:22.000 --> 01:28:25.119 what do they need to do this for you? If 1635 01:28:25.159 --> 01:28:28.439 you read the sentence, what they need is this word 1636 01:28:28.520 --> 01:28:35.000 right here. They need authorization. So if you reverse engineer 1637 01:28:35.039 --> 01:28:37.399 the sentence, what does that mean? They can't do it 1638 01:28:37.439 --> 01:28:40.399 without your authorization. And the problem is nobody knows any 1639 01:28:40.399 --> 01:28:42.680 of this information and nobody's authorizing. 1640 01:28:42.159 --> 01:28:42.640 Them do it. 1641 01:28:44.239 --> 01:28:46.720 So is this what they mean whenever they say paying 1642 01:28:46.800 --> 01:28:50.319 taxes is like voluntary? 1643 01:28:50.439 --> 01:28:57.359 No, they mean literally filing the documentation or filing anything anything. 1644 01:28:57.520 --> 01:28:58.239 I mean this is. 1645 01:29:00.119 --> 01:29:02.000 So in order to get a bill from the IRS, 1646 01:29:02.039 --> 01:29:05.279 you would have had to already voluntarily given them information. 1647 01:29:05.359 --> 01:29:07.960 If you didn't voluntarily give them information, they would have 1648 01:29:08.000 --> 01:29:10.760 never sent you a bill. But let's say you have 1649 01:29:10.840 --> 01:29:14.279 some huge monster tax bill and they're filing a lien 1650 01:29:14.640 --> 01:29:17.560 on your home over a four hundred thousand dollars tax bill. 1651 01:29:18.520 --> 01:29:19.960 I just taught you how to get that tax bill. 1652 01:29:19.960 --> 01:29:22.520 LOO just vanished immediately, and they'll take the tax lien 1653 01:29:22.560 --> 01:29:25.359 off your property. You may need to call them or 1654 01:29:25.399 --> 01:29:27.239 to follow up on it to make sure it gets 1655 01:29:27.239 --> 01:29:29.239 processed if they do have a lien on your property, 1656 01:29:29.520 --> 01:29:33.720 to make sure that lian gets removed. But this is 1657 01:29:33.760 --> 01:29:36.119 how you do it. They're just waiting for your authorization. 1658 01:29:37.079 --> 01:29:40.119 So you're talking about a lot about litigation here and 1659 01:29:40.159 --> 01:29:43.119 going about this the legal route. And this is assuming 1660 01:29:43.159 --> 01:29:46.079 of course that the laws in the court system does 1661 01:29:46.119 --> 01:29:47.439 apply to the individual. 1662 01:29:47.760 --> 01:29:48.039 Right. 1663 01:29:49.159 --> 01:29:52.479 Well, you see see Article three. So basically you see 1664 01:29:52.520 --> 01:29:55.840 see Article three. If you type it in to you know, 1665 01:29:56.159 --> 01:30:03.319 is the UCC law at the level? Right, So the 1666 01:30:03.399 --> 01:30:06.560 answer to that is no. And if you go into 1667 01:30:06.760 --> 01:30:10.439 the Uniform Law Commission website, it says here, the Uniform 1668 01:30:10.439 --> 01:30:13.560 Commercial Code is a comprehensive set of laws governing all 1669 01:30:13.600 --> 01:30:16.880 commercial transactions in the United States. It is not federal law, 1670 01:30:17.199 --> 01:30:21.119 but is uniformly adopted state law. So when you go 1671 01:30:21.159 --> 01:30:25.560 into court, like federal court, it's a little bit weird 1672 01:30:25.600 --> 01:30:28.880 and funky, like sometimes the judges will let you use it, 1673 01:30:28.920 --> 01:30:31.079 and sometimes they won't. It's kind of weird. I haven't 1674 01:30:31.119 --> 01:30:35.119 really totally figured that out yet. Whereas in California it's 1675 01:30:35.199 --> 01:30:39.640 really simple. California Commercial Code is the UCC at the 1676 01:30:39.640 --> 01:30:41.640 state level. And if I go into a state court 1677 01:30:42.479 --> 01:30:45.560 using the California Commercial Code, which is all the same 1678 01:30:45.720 --> 01:30:49.399 terminology you can even see here, it's not called Article three. 1679 01:30:49.479 --> 01:30:54.159 It's called Division three you click here, it's got six chapters, 1680 01:30:54.279 --> 01:30:55.800 just like the UCC does. 1681 01:30:56.199 --> 01:31:01.439 If we click on UCC three and then we go into. 1682 01:31:03.399 --> 01:31:05.520 The same section we saw before one O four the 1683 01:31:05.560 --> 01:31:11.319 definition of a negotiable instrument. Right here, it's called three 1684 01:31:11.359 --> 01:31:15.199 to one oh four here and in the in the 1685 01:31:15.680 --> 01:31:18.800 in the UCC, it's called three dash one oh four. 1686 01:31:19.560 --> 01:31:20.880 Let me just see if I can find it. 1687 01:31:20.920 --> 01:31:24.159 So it's the same. It's it's pretty much the exact 1688 01:31:24.359 --> 01:31:27.279 same terminology. It's just you wouldn't call it the UCC, 1689 01:31:27.439 --> 01:31:30.079 you'd call it the CCC at that point. Right, So 1690 01:31:30.199 --> 01:31:33.800 three dash one oh four. Here's the terminology. A, except 1691 01:31:33.840 --> 01:31:38.399 as provided in subsection CND, negotiable instrument means an unconditional 1692 01:31:38.439 --> 01:31:41.000 promise or order to pay. And now let's go over 1693 01:31:41.039 --> 01:31:44.680 to the California Commercial Code A accept as provided in 1694 01:31:44.760 --> 01:31:48.319 subsection CND, negotiable instrument means an unconditional promise or order 1695 01:31:48.359 --> 01:31:48.680 to pay. 1696 01:31:49.880 --> 01:31:52.319 But this is again only under the assumption that the 1697 01:31:52.399 --> 01:31:55.560 laws apply to the individual if they are in fact 1698 01:31:55.600 --> 01:31:56.600 a citizen. Right. 1699 01:31:57.880 --> 01:32:03.199 Uh, Well, that's well, that's a whole nother conversation that 1700 01:32:03.199 --> 01:32:06.520 that's that's a whole nother conversation, because the thing is 1701 01:32:06.520 --> 01:32:10.439 is that as a state citizen, you really aren't going 1702 01:32:10.479 --> 01:32:12.600 to be bringing these kinds of claims as a state citizen. 1703 01:32:12.680 --> 01:32:13.840 What you're going to be doing is you're going to 1704 01:32:13.880 --> 01:32:16.600 be using your your sole proprietorship to bring these kinds 1705 01:32:16.640 --> 01:32:17.039 of claims. 1706 01:32:17.079 --> 01:32:17.199 Right. 1707 01:32:17.199 --> 01:32:20.079 You're gonna be using a commercial a commercial entity to 1708 01:32:20.119 --> 01:32:21.239 bring commercial claims. 1709 01:32:21.479 --> 01:32:21.680 Right. 1710 01:32:21.760 --> 01:32:26.279 So that's a whole nother conversation. But basically, if someone 1711 01:32:26.399 --> 01:32:29.439 sued you for a commercial thing, or if a bank 1712 01:32:29.560 --> 01:32:33.640 sues you over not paying some sort of American Express bill, 1713 01:32:34.039 --> 01:32:35.920 that's why your name is in all capitol letters. They're 1714 01:32:35.960 --> 01:32:40.560 referring to the sole proprietorship in that lawsuit, right, So 1715 01:32:40.600 --> 01:32:43.479 you're going to be operating through that sele proprietorship in 1716 01:32:43.520 --> 01:32:45.920 that lawsuit. But the thing is that you know you're 1717 01:32:45.960 --> 01:32:50.159 basically the endorser on behalf of the sole proprietorship. And 1718 01:32:50.159 --> 01:32:52.000 I don't know if we covered that last time. You 1719 01:32:52.039 --> 01:32:54.319 know you can actually see that on the check. 1720 01:32:57.439 --> 01:32:57.840 On the back. 1721 01:32:57.960 --> 01:33:00.319 Yeah, no, the micro print. Did we cover that last 1722 01:33:00.359 --> 01:33:00.880 time in the show? 1723 01:33:01.720 --> 01:33:02.720 The micro print? 1724 01:33:03.039 --> 01:33:03.720 I don't think. Yeah. 1725 01:33:03.760 --> 01:33:05.880 So if you pull out your checkbook or if you 1726 01:33:05.880 --> 01:33:09.199 look at a check, it says MP right here where 1727 01:33:09.239 --> 01:33:10.239 you endorse the front. 1728 01:33:10.439 --> 01:33:14.600 Right, What is MP on a check? Right? 1729 01:33:15.760 --> 01:33:19.159 It stands for microprint, And you ask yourself, well, what 1730 01:33:19.199 --> 01:33:22.159 the fuck are the micro printing? You have to zoom 1731 01:33:22.399 --> 01:33:25.399 way in or use a magnifying glass. But if you 1732 01:33:25.399 --> 01:33:28.880 look really closely at the line underneath where you sign 1733 01:33:28.960 --> 01:33:31.880 on your checks, it's actually not a line. It's actually 1734 01:33:31.920 --> 01:33:36.359 the word authorize signer or authorized signature over and over 1735 01:33:36.479 --> 01:33:40.680 and over and over and over in microprint. When you 1736 01:33:40.720 --> 01:33:43.000 look up on the internet and you start digging around, 1737 01:33:43.039 --> 01:33:45.439 you find out what is the definition of authorized signer. 1738 01:33:45.840 --> 01:33:48.840 It's somebody who's signing or endorsing on behalf of an 1739 01:33:49.039 --> 01:33:50.159 entity or business. 1740 01:33:52.239 --> 01:33:54.439 Okay, I'm with you, So. 1741 01:33:54.520 --> 01:33:56.840 Your name in all capital letters is a business. A 1742 01:33:56.920 --> 01:34:01.199 personal account is a business account. You're just a endorser. 1743 01:34:01.239 --> 01:34:05.520 You're just the authorized signer or authorized user on the account. 1744 01:34:05.840 --> 01:34:09.560 You aren't actually the account holder. And another area where 1745 01:34:09.600 --> 01:34:13.119 I can prove this very very easily is twenty six 1746 01:34:13.199 --> 01:34:16.279 CFR three oh one dot seven seven one dash eleven, 1747 01:34:17.239 --> 01:34:19.560 where it says literally in black and white right in 1748 01:34:19.600 --> 01:34:23.920 the tax code, the social Security number means the taxpayer 1749 01:34:24.000 --> 01:34:27.279 identifying number of an individual or an a state. 1750 01:34:27.800 --> 01:34:31.199 People always think oh, well, I'm an individual. Okay. 1751 01:34:31.239 --> 01:34:34.399 Well, if we go to the SS four application for 1752 01:34:34.479 --> 01:34:38.680 an EI number and we look down in the section 1753 01:34:39.079 --> 01:34:44.640 entitled types of entities, we're going to cross reference what 1754 01:34:44.680 --> 01:34:48.640 we just saw over here, and it says here it's 1755 01:34:48.680 --> 01:34:51.439 an EI in number of an individual or inn a state. 1756 01:34:51.479 --> 01:34:54.520 If you look under a state, it does say SSN. 1757 01:34:55.880 --> 01:34:58.520 Where else do we see the term SSN over here? 1758 01:34:59.399 --> 01:35:05.359 Doesn't say an individual, it says sole proprietor. Right now, 1759 01:35:05.399 --> 01:35:09.399 we look up what is a sole proprietorship? I think 1760 01:35:09.399 --> 01:35:10.800 we covered this in the last show I did with 1761 01:35:10.800 --> 01:35:14.279 you guys, so maybe not yea. What is a self proprietorship? 1762 01:35:14.520 --> 01:35:19.159 It is somebody who owns an unincorporated business by themselves, right, 1763 01:35:19.600 --> 01:35:23.720 so it's a business. The word individual means business, and 1764 01:35:23.800 --> 01:35:25.920 what is that business? It's just your name in all 1765 01:35:25.960 --> 01:35:26.640 capital letters. 1766 01:35:27.399 --> 01:35:29.640 Well, that makes sense with the EI in because as 1767 01:35:29.640 --> 01:35:32.279 far as the tax is concerned, like an LLC, if 1768 01:35:32.279 --> 01:35:36.880 you're a sole proprietorship, they see that the income of 1769 01:35:36.920 --> 01:35:40.000 the LLC and your personal income that's one and the same. 1770 01:35:40.079 --> 01:35:41.760 That's interchangeable dialogue to them. 1771 01:35:41.880 --> 01:35:45.760 One person LLC operates the same way as a sell proprietorship. 1772 01:35:45.359 --> 01:35:46.079 Exact same thing. 1773 01:35:46.199 --> 01:35:48.880 Yeah, but the thing is that you, I mean, come on, 1774 01:35:49.000 --> 01:35:51.079 I mean, you aren't a business. It's pretty simple. It 1775 01:35:51.119 --> 01:35:52.960 doesn't take a rock assignedist through that one out right. 1776 01:35:53.000 --> 01:35:57.039 You you are not a business. I am not a business. 1777 01:35:57.079 --> 01:36:00.199 You are not a business. There's a business here of 1778 01:36:00.239 --> 01:36:02.319 my name in all capital letters. They want to say 1779 01:36:02.399 --> 01:36:04.720 that me and the business are the same thing. That's ridiculous. 1780 01:36:04.800 --> 01:36:09.039 It's just not true, and you can deflect that in court. 1781 01:36:09.920 --> 01:36:13.600 The only cases I've ever seen where they specifically lay that. 1782 01:36:13.680 --> 01:36:16.000 Down as law, one of the main ones. 1783 01:36:15.760 --> 01:36:19.199 Is actually a rico case where they're trying to get 1784 01:36:19.359 --> 01:36:23.199 jurisdiction over somebody through a rico and that's when they said, like, oh, 1785 01:36:23.239 --> 01:36:24.880 the sole proprietorship. 1786 01:36:24.199 --> 01:36:25.279 And the person of the same thing. 1787 01:36:25.520 --> 01:36:29.079 But keep in mind a lot of the references that 1788 01:36:29.079 --> 01:36:32.399 I've seen on that all come from district court cases, 1789 01:36:32.439 --> 01:36:36.479 not from appeals or Supreme court cases, So people don't 1790 01:36:36.479 --> 01:36:40.199 realize case law and precedent is not made at that 1791 01:36:40.319 --> 01:36:43.319 first level. It's made at the appellate court or at 1792 01:36:43.319 --> 01:36:47.239 the Supreme court level. So anything that happens below those 1793 01:36:47.359 --> 01:36:50.760 levels at the first level district court or state court 1794 01:36:50.800 --> 01:36:55.840 or superior court. It's called a persuasive authority, so it 1795 01:36:55.880 --> 01:37:00.119 doesn't have the same weight as case law. It becomes 1796 01:37:00.159 --> 01:37:05.920 persuasive not precedent. Precedent is not made at that first level. 1797 01:37:05.920 --> 01:37:08.560 It's only made at the pellet or the supreme court level. 1798 01:37:08.880 --> 01:37:11.439 So this whole idea that the soul proprietorship or a 1799 01:37:11.479 --> 01:37:14.760 single person LLC, this whole thing that where the person 1800 01:37:14.880 --> 01:37:18.560 or the owner and the business operate as one person 1801 01:37:18.680 --> 01:37:19.800 is just it's bullshit. 1802 01:37:19.960 --> 01:37:22.319 It's something you can easily fight. You aren't a business. 1803 01:37:22.319 --> 01:37:24.319 Come on, it's it's like a fucking rockets signed to 1804 01:37:24.319 --> 01:37:31.239 figure that one out, right, So the term individual means business, right, 1805 01:37:32.760 --> 01:37:36.560 So when you sign your check authorized signer, it's it's 1806 01:37:36.720 --> 01:37:40.039 you are the authorized signer on behalf of your business. 1807 01:37:40.680 --> 01:37:42.319 And that's why the I R s can get into 1808 01:37:42.359 --> 01:37:44.359 your account whenever they want, or the government can get 1809 01:37:44.399 --> 01:37:47.039 into your account whenever you want, because it's not your 1810 01:37:47.119 --> 01:37:49.760 your's not your account. Because if you think about it, Okay, 1811 01:37:49.800 --> 01:37:51.720 so you have this business of your name in all 1812 01:37:51.720 --> 01:37:57.039 capital letters, did you open that business? And if the 1813 01:37:57.079 --> 01:38:00.760 answer is no, which it is no, then who the 1814 01:38:00.760 --> 01:38:03.399 fuck opened it? Where the fuck did they come from. 1815 01:38:03.960 --> 01:38:06.840 Got you, Okay. I didn't mean to detract from the 1816 01:38:06.840 --> 01:38:08.560 points you're trying to make here, But as you're talking 1817 01:38:08.600 --> 01:38:11.439 about the law system, it's like, okay, wait if the 1818 01:38:11.680 --> 01:38:14.520 law applies to you, right, because I know a lot 1819 01:38:14.560 --> 01:38:18.119 of people that believe in and I'm not saying the 1820 01:38:18.159 --> 01:38:20.279 sovereign citizen shit right, Just like you said, whenever you 1821 01:38:20.319 --> 01:38:22.520 send the paperwork in, they'll call you crazy, they'll call 1822 01:38:22.560 --> 01:38:25.079 you a sovereign citizen, They'll they'll hit you with leans 1823 01:38:25.119 --> 01:38:28.039 and all these things. And that only applies if you 1824 01:38:28.760 --> 01:38:31.640 abide by the laws that a citizen would abide by. 1825 01:38:31.760 --> 01:38:34.119 But that that's kind of open a conjecture in this 1826 01:38:34.159 --> 01:38:35.119 way of thinking as well. 1827 01:38:35.199 --> 01:38:38.640 Correct, Well, the banks and the banking institutions will turn 1828 01:38:38.680 --> 01:38:40.319 around and tell you that you're full of shit and 1829 01:38:40.359 --> 01:38:43.199 that's not real and we're not under those laws. So 1830 01:38:43.520 --> 01:38:48.079 all these different lawyers and accountants and banks, you know, 1831 01:38:48.119 --> 01:38:50.479 they'll sit here and say, oh, sovereign citizens don't fallow 1832 01:38:50.520 --> 01:38:52.159 the law, But then when it's time for them to 1833 01:38:52.199 --> 01:38:54.319 follow the law, they'll do the same shit right back 1834 01:38:54.359 --> 01:38:54.680 to us. 1835 01:38:54.760 --> 01:38:57.479 So you know, you can point the finger wherever you want. 1836 01:38:57.560 --> 01:39:00.880 I'm literally in a case suing the Small Business Administration 1837 01:39:00.960 --> 01:39:05.640 of the United States, where a d J attorney. 1838 01:39:05.760 --> 01:39:12.600 If you go to if you go to forty two USC. 1839 01:39:12.720 --> 01:39:16.399 Ninety one O two, sub Section eighteen, Definition B, you 1840 01:39:16.399 --> 01:39:19.359 will see the definition of the term United States citizen means, 1841 01:39:20.079 --> 01:39:22.800 and it says A B and C. Right, look at number, 1842 01:39:22.840 --> 01:39:26.079 look at letter B any federal, state, or local government 1843 01:39:26.319 --> 01:39:30.359 in the United States, or any entity of any such government. Right, 1844 01:39:31.319 --> 01:39:35.560 I'm suing the United States Small Business Administration and the 1845 01:39:35.680 --> 01:39:41.760 DOJ attorney. The defense that he used was sovereign immunity. 1846 01:39:42.640 --> 01:39:46.319 You can't even make this shit up. I literally he 1847 01:39:46.399 --> 01:39:49.880 called me a sovereign citizen and then said his client, 1848 01:39:50.079 --> 01:39:53.880 the United States Small Business Administration, which is a United 1849 01:39:53.880 --> 01:40:01.479 States citizen, has sovereign immunity. So literally, the government is 1850 01:40:01.600 --> 01:40:06.159 calling itself a sovereign citizen while calling me a sovereign citizen. 1851 01:40:07.159 --> 01:40:11.000 They're using a sovereign citizen defense. I'm literally going to appeals, 1852 01:40:11.399 --> 01:40:13.399 and part of my appeal is going to be why 1853 01:40:13.520 --> 01:40:16.479 is the government being allowed to use a sovereign citizen defense? 1854 01:40:17.000 --> 01:40:19.840 They are a US citizen, but they're saying they have 1855 01:40:19.880 --> 01:40:23.920 sovereign immunity, which is ridiculous. It's literally sovereign citizen. The 1856 01:40:24.000 --> 01:40:28.319 d o J is literally saying that the US Small 1857 01:40:28.359 --> 01:40:30.319 Business Administration is a sovereign citizen. 1858 01:40:30.399 --> 01:40:31.600 You can't make this shit up. 1859 01:40:32.239 --> 01:40:35.479 Wow, it's like they just make up rules as they 1860 01:40:35.479 --> 01:40:36.279 go at that point. 1861 01:40:36.920 --> 01:40:39.000 Well, they think they could do that, but they're not 1862 01:40:39.039 --> 01:40:39.600 doing that with me. 1863 01:40:40.439 --> 01:40:46.199 Mm fuck yeah, dude, keep on after him. Hold them accountable. 1864 01:40:47.319 --> 01:40:50.039 Yeah, so so so it when it serves them, they 1865 01:40:50.079 --> 01:40:52.560 call you a US citizen. But then when it's when 1866 01:40:52.680 --> 01:40:54.640 you know, when it serves them, they'll call themselves a 1867 01:40:54.720 --> 01:40:56.279 US a sovereign citizen. 1868 01:40:56.319 --> 01:40:58.800 I guess. I mean that's new to me, but you 1869 01:40:58.840 --> 01:41:01.439 know that's what they do, I guess. So. 1870 01:41:01.439 --> 01:41:03.359 So all right, so back back to what we were 1871 01:41:03.399 --> 01:41:05.880 talking about here as far as the finances go. So 1872 01:41:06.880 --> 01:41:08.800 I'm trying to remember where we were at before I 1873 01:41:08.880 --> 01:41:13.000 asked that question. We were talking about I remember you 1874 01:41:13.039 --> 01:41:15.199 saying basically getting leans taken off your house. 1875 01:41:15.960 --> 01:41:21.800 Well, like I said, IRS, medical bills and anything that's 1876 01:41:21.840 --> 01:41:24.720 in collections, it's really really easy to do this shit 1877 01:41:24.800 --> 01:41:27.880 with you endorse it, tender it back with the cover letter, 1878 01:41:28.000 --> 01:41:30.279 and it's it'll go away really easy. 1879 01:41:30.840 --> 01:41:32.079 Everything else is pretty tough. 1880 01:41:32.239 --> 01:41:35.279 Mortgages you're gonna you're gonna need to get into a 1881 01:41:35.359 --> 01:41:39.439 prolonged litigation battle U credit card companies. 1882 01:41:40.159 --> 01:41:43.039 UH you're going to uh. 1883 01:41:43.000 --> 01:41:45.600 Send in the bill that you get at the end 1884 01:41:45.600 --> 01:41:47.560 of the month with an endorsement and a cover letter. 1885 01:41:47.680 --> 01:41:49.560 The chances are they're going to close your account down 1886 01:41:49.560 --> 01:41:51.840 immediately and then you have to sue them, and that 1887 01:41:51.920 --> 01:41:53.640 becomes a whole long battle. 1888 01:41:53.840 --> 01:41:54.079 Right. 1889 01:41:55.079 --> 01:41:59.239 So, but there's so much of this happening now that 1890 01:41:59.640 --> 01:42:01.680 what's going to happen is eventually some shit's going to 1891 01:42:01.760 --> 01:42:05.119 start to crack on the district level. Once it cracks 1892 01:42:05.119 --> 01:42:07.760 on the district level, then we'll have persuasive authority we 1893 01:42:07.760 --> 01:42:11.159 can start using in other cases. Then we need to 1894 01:42:11.159 --> 01:42:13.439 start getting things into the appellate level, and then now 1895 01:42:13.479 --> 01:42:16.119 it becomes case law that'll open up the door even 1896 01:42:16.199 --> 01:42:19.359 farther for us, and then eventually work our way up 1897 01:42:19.359 --> 01:42:23.720 through to the Supreme Court to force the banking institutions 1898 01:42:23.720 --> 01:42:28.119 and financial institutions to actually follow the state versions of 1899 01:42:28.239 --> 01:42:34.720 the commercial codes. Once that occurs, Basically, the way it's 1900 01:42:34.720 --> 01:42:36.399 going to work is everyone's going to have infinite money. 1901 01:42:36.439 --> 01:42:38.319 And the thing is that's how it's supposed to be 1902 01:42:38.840 --> 01:42:43.760 since nineteen thirty three the government. If you look at it, 1903 01:42:44.600 --> 01:42:47.359 you can even see it. In eighteen USC eight they're 1904 01:42:47.479 --> 01:42:50.479 very clear about this. In eighteen usc eight they call 1905 01:42:50.520 --> 01:42:55.399 it obligations or other securities of the United States. The 1906 01:42:55.479 --> 01:42:59.279 term obligation or other security of the United States includes 1907 01:42:59.399 --> 01:43:05.239 all bombs, certificates of indebtedness, national bank currency, Federal Reserve notes, 1908 01:43:05.640 --> 01:43:10.720 Federal Reserve bank notes, couponts, United States notes, treasury notes, 1909 01:43:11.119 --> 01:43:18.640 gold certificates, silver certificates, fractional notes, certificates of deposit bills, checks, 1910 01:43:19.279 --> 01:43:24.800 drafts for money. Everything is essentially an obligation or other 1911 01:43:24.880 --> 01:43:28.159 security of the United States. All your bills that you 1912 01:43:28.199 --> 01:43:31.359 think are yours aren't yours at all, because you got 1913 01:43:31.399 --> 01:43:35.000 to think it's got that sole proprietorship name on it. 1914 01:43:35.800 --> 01:43:38.039 You don't know who made it, you don't know who 1915 01:43:38.119 --> 01:43:38.600 opened it. 1916 01:43:38.760 --> 01:43:42.680 Somebody opened it, and and you have no idea in 1917 01:43:42.760 --> 01:43:47.239 God's earth where the sole proprietorship thing came from. Right, Well, 1918 01:43:48.359 --> 01:43:51.760 if you go into Black's Law and you look up 1919 01:43:51.800 --> 01:43:56.720 the definition of the term public corporation, it's very clear 1920 01:43:56.760 --> 01:43:59.640 what that thing is and why that name is on 1921 01:43:59.720 --> 01:44:03.520 all your bills. Right, So, the definition of a public corporation. 1922 01:44:03.840 --> 01:44:07.439 A public corporation is one created by the state for 1923 01:44:07.640 --> 01:44:11.359 political purposes and to act as an agency in the 1924 01:44:11.399 --> 01:44:18.239 administration of civil government. So if your name is if 1925 01:44:18.279 --> 01:44:20.880 you write a check and you're not the account holder, 1926 01:44:21.000 --> 01:44:24.439 you're just the authorized signer. What makes you believe that 1927 01:44:24.560 --> 01:44:27.119 when you receive a bill from AMAX or anyone else, 1928 01:44:27.199 --> 01:44:29.880 you're not also the authorized signer on behalf of some 1929 01:44:29.960 --> 01:44:32.720 other person or account. And who's to say that that 1930 01:44:32.800 --> 01:44:34.840 person or account that's the all caps name is in 1931 01:44:34.920 --> 01:44:37.800 this business called a selt proprietorship. And who's to say 1932 01:44:37.800 --> 01:44:40.760 that the government didn't open up that self proprietorship as 1933 01:44:40.760 --> 01:44:44.720 a public corporation, which is literally self defined as a 1934 01:44:44.760 --> 01:44:49.159 corporation opened by the state. Who else would have opened it? 1935 01:44:49.399 --> 01:44:52.680 Grandma didn't open it. I mean, you know who opened it. 1936 01:44:52.680 --> 01:44:54.680 It probably was opened by the state. I don't know 1937 01:44:54.680 --> 01:44:57.039 who else would have started the sole proprietorship for you. 1938 01:44:57.960 --> 01:45:00.640 They started it for political purposes and to act as 1939 01:45:00.680 --> 01:45:04.840 an agency and the administration of civil government. So you're 1940 01:45:04.880 --> 01:45:07.960 creating these things, these unconditional promises to pay. They're getting 1941 01:45:07.960 --> 01:45:12.159 this bill in this name of a public corporation. Well, 1942 01:45:12.159 --> 01:45:16.399 whose obligations or other securities are there, they're the United 1943 01:45:16.439 --> 01:45:18.640 States is It's since nineteen. 1944 01:45:18.319 --> 01:45:20.199 Thirty three, there's been no money. 1945 01:45:20.600 --> 01:45:22.880 The United States has basically took over everything in this 1946 01:45:23.039 --> 01:45:26.800 gigantic fucking bankruptcy essentially we've been in ever since. So 1947 01:45:26.840 --> 01:45:30.880 you got to think, like, who, who's whose bills are they? 1948 01:45:31.279 --> 01:45:33.279 They aren't yours, and even if they were, how can 1949 01:45:33.319 --> 01:45:36.079 you pay for them? There's no money, there's no there's 1950 01:45:36.119 --> 01:45:38.840 no there's no gold and silver coins anymore. How can 1951 01:45:38.880 --> 01:45:39.279 you pay? 1952 01:45:40.119 --> 01:45:42.600 I thought public corporation was more in the realm of 1953 01:45:42.680 --> 01:45:45.720 like a city or a town or something like that. 1954 01:45:45.840 --> 01:45:47.880 I had never heard of it brought like that before. 1955 01:45:48.359 --> 01:45:50.439 That's the legal that's the legal definition of the term 1956 01:45:50.479 --> 01:45:54.039 public corporation, right, I'm with you, as one created by 1957 01:45:54.039 --> 01:45:56.520 the state for political purposes and to act as an 1958 01:45:56.560 --> 01:45:59.239 agency and the administration of civil government. 1959 01:45:59.359 --> 01:45:59.560 Right. 1960 01:46:00.520 --> 01:46:03.039 A township would have like a mayor or something to 1961 01:46:03.119 --> 01:46:06.000 preside over the civil government of that area. I didn't 1962 01:46:06.279 --> 01:46:08.840 I've never heard of somebody, even a sole proprietorship be 1963 01:46:08.920 --> 01:46:10.399 compared to a public corporation. 1964 01:46:11.239 --> 01:46:12.000 Yeah, it's totally. 1965 01:46:12.039 --> 01:46:15.560 I mean, if you you you don't know who opened it, 1966 01:46:15.600 --> 01:46:18.880 and you didn't open it. So who opened it? Chances 1967 01:46:18.920 --> 01:46:20.760 are it was the state. If the state opened it, 1968 01:46:20.760 --> 01:46:21.800 it's a public corporation. 1969 01:46:22.319 --> 01:46:23.680 Got you? Got you? Okay? 1970 01:46:24.319 --> 01:46:24.560 Right? 1971 01:46:25.239 --> 01:46:27.680 So so then we can even go even farther into 1972 01:46:27.680 --> 01:46:33.119 this thirty one Usc. Fifteen oh one. This shows you 1973 01:46:33.159 --> 01:46:36.920 what kind of documentary evidence is required to prove that 1974 01:46:37.039 --> 01:46:40.279 something is a government obligation. This is a recent discovery. 1975 01:46:40.279 --> 01:46:44.560 This is pretty mind blowing. Look at sub section A 1976 01:46:44.960 --> 01:46:52.880 two a loan agreement showing the amount and terms of repayment. So, 1977 01:46:52.880 --> 01:46:55.840 so you get sued by a bank because you didn't 1978 01:46:55.840 --> 01:47:00.159 pay your mortgage. You file into the case and you 1979 01:47:00.079 --> 01:47:02.680 you say under thirty one Usc. Fifteen oh one, and 1980 01:47:02.720 --> 01:47:05.800 you put a copy of the original promissory note showing 1981 01:47:06.119 --> 01:47:09.199 the amount in terms of repayment, and you add the 1982 01:47:09.399 --> 01:47:13.439 United States in into the case as a defendant, and 1983 01:47:13.479 --> 01:47:15.880 you say, hey, I'm not actually the one responsible for 1984 01:47:15.880 --> 01:47:16.920 paying this mortgage at all. 1985 01:47:16.920 --> 01:47:18.279 It's actually the United States. 1986 01:47:18.279 --> 01:47:21.479 And the evidence of that is through Exhibit A, which 1987 01:47:21.520 --> 01:47:24.600 is the original promissory note. And the reason why I'm 1988 01:47:24.600 --> 01:47:27.159 adding the United States in as a defendant and making 1989 01:47:27.159 --> 01:47:29.520 them responsible for this note is under thirty one USC. 1990 01:47:29.600 --> 01:47:30.439 Fifteen oh one. 1991 01:47:31.119 --> 01:47:36.600 A two makes the original mortgage documentation under H and 1992 01:47:36.680 --> 01:47:39.680 USC eight an obligation or other security. 1993 01:47:39.279 --> 01:47:40.319 Of the United States. 1994 01:47:41.159 --> 01:47:43.560 So it's basically like, why are you bothering me to 1995 01:47:43.600 --> 01:47:46.520 pay this thing? It's not my fucking bill, it's not 1996 01:47:46.640 --> 01:47:49.319 my fucking responsibility. And that's exactly true. 1997 01:47:49.359 --> 01:47:49.640 It's not. 1998 01:47:50.760 --> 01:47:53.279 So my mind works a little bit differently. I don't 1999 01:47:53.279 --> 01:47:55.479 know how everybody else's mind works, but my mind does 2000 01:47:55.520 --> 01:47:58.680 really good with like at trying to understand things whenever 2001 01:47:58.720 --> 01:48:01.039 you compare it to something that is a little bit 2002 01:48:01.039 --> 01:48:05.199 more relatable. So I'm trying to find a comparison to 2003 01:48:05.239 --> 01:48:07.359 what you're talking about here, just to try and put 2004 01:48:07.399 --> 01:48:08.560 it into Layman's terms. 2005 01:48:08.600 --> 01:48:10.720 And I was thinking, let me, let me ask you 2006 01:48:10.760 --> 01:48:11.640 if this is correct. 2007 01:48:12.000 --> 01:48:12.760 So my. 2008 01:48:14.279 --> 01:48:18.359 Kids are under my jurisdiction, right, and that means at 2009 01:48:18.359 --> 01:48:20.119 the end of every year, I get to claim them. 2010 01:48:20.159 --> 01:48:22.600 I get the couple thousand dollars for the tax right 2011 01:48:22.640 --> 01:48:24.199 off because I'm claiming them. 2012 01:48:24.239 --> 01:48:25.439 They're under my jurisdiction. 2013 01:48:26.079 --> 01:48:29.600 Am I the role that I'm playing as the father 2014 01:48:30.039 --> 01:48:32.399 and you know, the man of the house, as far 2015 01:48:32.439 --> 01:48:34.520 as all the bills and all the taxes and everything go, 2016 01:48:35.119 --> 01:48:37.600 is that supposed to be? Are you saying that the 2017 01:48:38.319 --> 01:48:40.880 role that I'm playing is the role that the United 2018 01:48:40.920 --> 01:48:43.960 States should be playing, and we are all of its kids. 2019 01:48:44.840 --> 01:48:45.920 That's exactly correct. 2020 01:48:45.960 --> 01:48:49.239 The the when you give your kid a credit card 2021 01:48:49.600 --> 01:48:51.439 and the kid uses the credit card and then mommy 2022 01:48:51.479 --> 01:48:54.359 and daddy pays it, it's the exact same thing. 2023 01:48:55.319 --> 01:48:59.680 Okay, all right, yeah, so all right, So now what 2024 01:48:59.720 --> 01:49:02.079 you're saying is is that all of these all of 2025 01:49:02.119 --> 01:49:04.960 these bills and loans and tenders and all that other shit, 2026 01:49:06.399 --> 01:49:09.760 the government is kind of our parents in that sense 2027 01:49:09.920 --> 01:49:13.439 in which we shouldn't be required to pay these things 2028 01:49:13.479 --> 01:49:16.159 because the United States is claiming us. 2029 01:49:17.680 --> 01:49:20.239 Yeah, and just like you saw, the I R S 2030 01:49:20.319 --> 01:49:22.560 is pretty clear the I R S. The way that 2031 01:49:22.640 --> 01:49:25.600 they say it in that section we saw earlier is 2032 01:49:26.439 --> 01:49:31.319 basically all they need is just your authorization. So if 2033 01:49:31.439 --> 01:49:36.920 that's true beyond the tax code, then legally, the way 2034 01:49:36.960 --> 01:49:39.920 it's supposed to work is you're supposed to be authorizing 2035 01:49:40.000 --> 01:49:43.680 the government to settle all this stuff for you essentially. 2036 01:49:44.880 --> 01:49:46.960 But again, this only works in the sense of the 2037 01:49:47.000 --> 01:49:49.000 government paying for its citizens. Right. 2038 01:49:50.760 --> 01:49:55.760 Well, it's it's actually, well, yes, because if you go 2039 01:49:55.840 --> 01:50:01.720 into the if you go back to that section of 2040 01:50:01.880 --> 01:50:03.880 we were talking about the Social Security number. 2041 01:50:04.319 --> 01:50:07.239 It's like Jennatha said, the Dad kids situation, that this 2042 01:50:07.319 --> 01:50:09.680 only would work So like the United States government's not 2043 01:50:09.720 --> 01:50:11.800 going to be quote unquote backing the loans of some 2044 01:50:11.880 --> 01:50:14.880 foreign national that happens to be on US soil, or 2045 01:50:14.880 --> 01:50:17.960 at least it shouldn't. That today's world might be a 2046 01:50:17.960 --> 01:50:21.239 little different, but we're allegedly fixing that with the current administration. 2047 01:50:21.359 --> 01:50:25.319 Who knows. But like, for instance, you have renounced these things. 2048 01:50:25.359 --> 01:50:29.319 You are your own independent entity, so like this wouldn't 2049 01:50:29.359 --> 01:50:32.720 necessarily apply to you, correct. 2050 01:50:32.920 --> 01:50:35.399 It wouldn't apply to me as a man of the Union, 2051 01:50:35.479 --> 01:50:37.640 as a state citizen, because you got to see here 2052 01:50:37.640 --> 01:50:37.960 if we. 2053 01:50:37.920 --> 01:50:38.479 Go back to. 2054 01:50:40.359 --> 01:50:42.199 Where we were at earlier, where we saw the definition 2055 01:50:42.239 --> 01:50:44.479 of the word you and the definition of the word 2056 01:50:44.520 --> 01:50:46.439 you as an individual who was a debt to the 2057 01:50:46.520 --> 01:50:47.119 United States. 2058 01:50:47.239 --> 01:50:49.479 Right, I don't mean you the legal term. I mean 2059 01:50:49.640 --> 01:50:50.560 Brandon Williams. 2060 01:50:50.840 --> 01:50:51.680 You know, I know, I know. 2061 01:50:51.760 --> 01:50:54.760 But look, who can be assigned a Social Security number? 2062 01:50:55.520 --> 01:50:57.840 It tells you right here on point number one. The 2063 01:50:57.880 --> 01:51:00.840 only person that can be assigned a Social Security number 2064 01:51:00.920 --> 01:51:02.119 is a United States citizen. 2065 01:51:02.560 --> 01:51:02.720 Right. 2066 01:51:03.199 --> 01:51:05.399 We covered that on the last show. The United States 2067 01:51:05.439 --> 01:51:07.159 citizen is a. 2068 01:51:07.399 --> 01:51:11.960 Released slave after the Thirteenth Amendment that didn't have any citizenship, 2069 01:51:12.319 --> 01:51:14.880 and they're of African descent, and there was a special 2070 01:51:14.920 --> 01:51:18.000 citizenship that was created for them through a case in 2071 01:51:18.079 --> 01:51:21.359 eighteen seventy three called the Slaughterhouse Cases, which opened up 2072 01:51:21.359 --> 01:51:25.880 a new federal citizen category called the US citizen category. 2073 01:51:26.039 --> 01:51:28.199 That's what they're referring to here in point number one. 2074 01:51:28.640 --> 01:51:31.279 So then the US government would only be backing the 2075 01:51:31.319 --> 01:51:35.920 things or giving the limitless money to only freed slaves. 2076 01:51:35.920 --> 01:51:39.239 Then correct, well, yeah, but then at some point in time, 2077 01:51:39.399 --> 01:51:42.600 I don't know when. This is part of my research 2078 01:51:42.640 --> 01:51:44.239 that I'm kind of still trying to figure out how 2079 01:51:44.279 --> 01:51:51.039 to integrate. Obviously, the word person includes estates, partnerships, companies, corporations, 2080 01:51:51.039 --> 01:51:54.079 and all these other legal fictions. So the thing is 2081 01:51:54.079 --> 01:51:58.239 is that the sole proprietorship, because it was born in 2082 01:51:58.600 --> 01:52:02.239 their system, would be a United States citizen. You can 2083 01:52:02.279 --> 01:52:05.960 see that also in the definition of United States citizen 2084 01:52:06.079 --> 01:52:09.520 in subsection C. If you go back to forty two USC. 2085 01:52:09.640 --> 01:52:12.399 Ninety one oh two, subsection eighteen. This is where we 2086 01:52:12.439 --> 01:52:16.439 saw earlier Subsection B any federal state or local government 2087 01:52:16.560 --> 01:52:18.720 in the United States or any entity of such government. 2088 01:52:19.199 --> 01:52:20.439 Now look at Subsection C. 2089 01:52:20.640 --> 01:52:25.840 Any corporation, partnership association, or other entity organized or existing 2090 01:52:25.920 --> 01:52:29.079 under the laws of the United States. Obviously it gets 2091 01:52:29.079 --> 01:52:31.199 into more info here, but we can just stop right there. 2092 01:52:31.840 --> 01:52:35.680 So any corporation, partnership association, or other entity organized under 2093 01:52:35.680 --> 01:52:38.560 the laws of the United States is in itself a 2094 01:52:38.720 --> 01:52:43.800 United States citizen. The sole proprietorship is organized under the 2095 01:52:43.880 --> 01:52:47.319 laws of the United States. So the sole proprietorship as 2096 01:52:47.359 --> 01:52:51.199 itself would be a United States citizen, which makes perfect 2097 01:52:51.239 --> 01:52:55.359 sense when you go back into twenty six CFR three 2098 01:52:55.479 --> 01:52:57.840 ZHO one dot seven seven oh one hyphen eleven, and 2099 01:52:57.880 --> 01:53:00.960 they say that social Security number is the EI number 2100 01:53:01.000 --> 01:53:02.359 of an individual. 2101 01:53:01.920 --> 01:53:02.359 Or a state. 2102 01:53:02.399 --> 01:53:04.119 And then you go back over to the SS four. 2103 01:53:04.520 --> 01:53:06.520 You don't see the word individual anywhere. You see the 2104 01:53:06.560 --> 01:53:10.680 word sole proprietorship. Bingo, all the pieces fall into place, 2105 01:53:11.279 --> 01:53:16.079 got true, Okay, So the sole proprietorship is the thing 2106 01:53:16.119 --> 01:53:20.520 that has the Social Security number. The sole proprietorship is 2107 01:53:20.560 --> 01:53:26.239 the United States citizen. I am the authorized user or 2108 01:53:26.359 --> 01:53:30.439 authorized signer. I am not a United States citizen, but 2109 01:53:30.560 --> 01:53:34.039 I have a United States citizen. I was given a 2110 01:53:34.199 --> 01:53:37.800 United States citizen by the government. The government gave me 2111 01:53:37.840 --> 01:53:40.920 a United States citizen. The government gave Jacob a United 2112 01:53:40.960 --> 01:53:44.399 States citizen, the government gave Jonathan a United States citizen. 2113 01:53:44.640 --> 01:53:47.720 Anyone who has a Social Security number, that is proof 2114 01:53:47.880 --> 01:53:51.239 that the government. You ask for the government to give 2115 01:53:51.359 --> 01:53:53.760 you a United States citizen and they gave you one. 2116 01:53:53.960 --> 01:53:56.560 And passports are only issued to United States citizens and 2117 01:53:56.640 --> 01:53:59.640 non citizens nationals of the United States. So you've also 2118 01:53:59.680 --> 01:54:04.439 got a Your bank accounts are the SOULT proprietorship. That's 2119 01:54:04.439 --> 01:54:07.920 why you're the authorized signer or authorized user. The passport, 2120 01:54:08.039 --> 01:54:11.800 it's not your passport, it's the sole proprietorship's passport. 2121 01:54:11.800 --> 01:54:13.479 It's the US citizen's. 2122 01:54:13.039 --> 01:54:16.079 Passport, so then it's got your picture on it as 2123 01:54:16.119 --> 01:54:16.680 the agent. 2124 01:54:17.560 --> 01:54:19.920 But the actual passport is not issued to you. 2125 01:54:20.079 --> 01:54:24.039 If you think about it, a passport, a driver's license, taxation, 2126 01:54:24.439 --> 01:54:28.520 these things are all unconstitutional. That's why they created a 2127 01:54:28.560 --> 01:54:32.439 public corporation, and they're giving all these things to a 2128 01:54:32.439 --> 01:54:35.640 public corporation. They're not giving them to you directly, which 2129 01:54:35.840 --> 01:54:37.720 means that they're not on constitution at all. 2130 01:54:37.880 --> 01:54:38.880 This is this is this. 2131 01:54:38.880 --> 01:54:45.279 Whole huge commercial business SOULT proprietorship US citizen system was 2132 01:54:45.359 --> 01:54:47.479 created to get around the constitution. 2133 01:54:48.319 --> 01:54:50.960 So then the government would, like you said, the endless 2134 01:54:50.960 --> 01:54:53.239 money and all of that, it's not to you the individual, 2135 01:54:53.359 --> 01:54:56.720 it's to the corporation of you. 2136 01:54:56.720 --> 01:54:57.199 You just you. 2137 01:54:57.560 --> 01:55:01.239 Basically you're the endorser on behalf half of the corporation, 2138 01:55:01.399 --> 01:55:05.279 so you're the one that gives the so cour the 2139 01:55:05.319 --> 01:55:10.319 Soule Proprietorship cannot promise to pay right because the sole 2140 01:55:10.359 --> 01:55:14.520 Proprietorship can't do anything or work or do anything of 2141 01:55:14.600 --> 01:55:18.000 value to create value. Right, So what you're doing is 2142 01:55:18.039 --> 01:55:21.880 you're basically providing yourself as the surety on behalf of 2143 01:55:21.920 --> 01:55:25.319 the Soul Proprietorship, as the endorser. So when you sign 2144 01:55:25.439 --> 01:55:29.720 or endorse, you're saying, I am giving my ability to 2145 01:55:29.880 --> 01:55:33.680 speak and work and produce something of value to the 2146 01:55:33.760 --> 01:55:38.439 sole proprietorship, and that combination of U plus soul proprietorship 2147 01:55:38.520 --> 01:55:39.319 equals credit. 2148 01:55:40.159 --> 01:55:44.199 Huh. I can just see the gears turning in your 2149 01:55:44.199 --> 01:55:44.680 head over that. 2150 01:55:45.239 --> 01:55:47.520 I'm just making sure I understand, and that's all I'm 2151 01:55:47.920 --> 01:55:50.079 not trying to trip them up here. I'm just I'm 2152 01:55:50.119 --> 01:55:52.359 making sure we are all on the same sheet of 2153 01:55:52.439 --> 01:55:53.199 music at this time. 2154 01:55:53.239 --> 01:55:56.840 So you have a US citizen, and that's why they 2155 01:55:56.880 --> 01:55:59.159 ask you for a Social Security number whenever you sign 2156 01:55:59.239 --> 01:56:03.520 up for credit. Right, it's it's it's it's state citizen 2157 01:56:03.600 --> 01:56:09.880 plus US citizen equals credit. Man plus person equals credit 2158 01:56:10.279 --> 01:56:16.840 man me plus person, solder pridorship equals credit h The 2159 01:56:16.880 --> 01:56:21.319 self proprietorship is basically like a portal between a man 2160 01:56:21.359 --> 01:56:26.520 of the Union, state citizen and the United States federal government. 2161 01:56:27.640 --> 01:56:30.720 It's like a it's like a buffer or an intermediary 2162 01:56:31.159 --> 01:56:35.479 or uh ethernet cable. It's like the connector point between 2163 01:56:35.520 --> 01:56:39.359 the two the two things. It's the buffer, it's the 2164 01:56:39.560 --> 01:56:42.680 black hole, whatever you want to call it. You're stepping 2165 01:56:42.720 --> 01:56:45.680 into the soul proprietorship and then the sole proprietorship steps 2166 01:56:45.720 --> 01:56:47.359 into the legal commercial world. 2167 01:56:48.000 --> 01:56:49.479 And the man is the endorser. 2168 01:56:50.000 --> 01:56:51.119 The man is the endorser. 2169 01:56:51.560 --> 01:56:54.680 Gotcha starting to catch on? 2170 01:56:55.279 --> 01:56:57.680 It's it's a bit of a it's a lot to 2171 01:56:57.720 --> 01:57:01.760 take in, especially with somebody who is you know, you're 2172 01:57:01.920 --> 01:57:04.119 you're very well versed in all this stuff. I mean 2173 01:57:04.159 --> 01:57:06.159 the way that you can just type in shit and 2174 01:57:06.199 --> 01:57:09.800 you know exactly which codes to get to fuck me man. 2175 01:57:09.880 --> 01:57:12.840 I mean you literally have to eat, sleep, and fuck 2176 01:57:12.880 --> 01:57:13.640 this shit on a. 2177 01:57:13.600 --> 01:57:17.039 Daily basis in order to remember all that right exactly. 2178 01:57:17.479 --> 01:57:19.720 So, yeah, so if you take all this financial information. 2179 01:57:20.359 --> 01:57:22.920 I don't know if you guys see my Instagram or that, 2180 01:57:23.039 --> 01:57:25.119 but we did a whole thing for a while where 2181 01:57:25.119 --> 01:57:27.640 people were getting free cars left right and center. 2182 01:57:28.159 --> 01:57:28.359 You know. 2183 01:57:28.399 --> 01:57:30.800 And it's not just you. I've seen bunch of other 2184 01:57:30.840 --> 01:57:33.199 people doing that as well. Have you ever heard of 2185 01:57:33.239 --> 01:57:35.600 the guy I don't know if he's even still around 2186 01:57:35.640 --> 01:57:38.359 on Instagram or whatever, but don kill him. 2187 01:57:38.840 --> 01:57:41.399 Yeah, yeah, yeah, he was doing about him. I don't 2188 01:57:41.439 --> 01:57:43.800 know much about what he does. I hardly see his 2189 01:57:43.840 --> 01:57:46.520 stuff or whatever. But yeah, a lot, there's a lot. 2190 01:57:46.560 --> 01:57:49.680 There's a bunch of people kind of doing different things. 2191 01:57:49.760 --> 01:57:54.960 Some people are doing the same thing I I I've 2192 01:57:55.000 --> 01:57:56.840 seen a lot of different things. I've seen a lot 2193 01:57:56.880 --> 01:58:01.159 of different activities. I've seen a lot of different things 2194 01:58:01.159 --> 01:58:03.880 that people are doing. I've tried a lot of different things. 2195 01:58:05.760 --> 01:58:09.680 When I found UCC Article three, I stopped trying and 2196 01:58:09.720 --> 01:58:13.840 doing all that other stuff because it's the actual law, 2197 01:58:13.960 --> 01:58:16.039 it's the actual Bible, And I was like, if I 2198 01:58:16.039 --> 01:58:19.880 can just study this and understand this, this is where 2199 01:58:19.920 --> 01:58:22.880 I need to be focusing. Not a bunch of crazy 2200 01:58:23.119 --> 01:58:26.039 stuff made up that people are making up and whatever. 2201 01:58:26.079 --> 01:58:28.880 Even if it's working, it doesn't matter if I really 2202 01:58:28.960 --> 01:58:31.760 just focus in on what the law says and not 2203 01:58:31.840 --> 01:58:33.239 fuck around with all this other shit. 2204 01:58:34.920 --> 01:58:37.600 And then I started trying to follow the law. 2205 01:58:37.800 --> 01:58:41.520 And then that's when I started to get stopped and 2206 01:58:41.560 --> 01:58:43.359 I was like, well, a whole lot of second, this 2207 01:58:43.399 --> 01:58:44.560 is the law that you guys. 2208 01:58:44.359 --> 01:58:44.960 Have to do this. 2209 01:58:45.119 --> 01:58:47.560 You don't have a choice to tell me my payment 2210 01:58:47.600 --> 01:58:51.279 can't be accepted, right, So that's when I started getting 2211 01:58:51.279 --> 01:58:52.600 into litigation. 2212 01:58:53.760 --> 01:58:55.760 And then litigation. 2213 01:58:55.800 --> 01:58:58.319 Is a lot you have to learn, like the rules 2214 01:58:58.319 --> 01:59:01.880 of civil procedure, rules of evs, rules of professional conduct, 2215 01:59:01.920 --> 01:59:03.159 there's local rules. 2216 01:59:03.680 --> 01:59:05.039 There's how do you file emotion? 2217 01:59:05.319 --> 01:59:07.520 You have to file a response and opposition, how do 2218 01:59:07.560 --> 01:59:09.920 you get into pacer, how do you e final documents. 2219 01:59:09.960 --> 01:59:12.039 It's like a whole profession basically in itself. 2220 01:59:12.119 --> 01:59:12.319 Right. 2221 01:59:12.840 --> 01:59:19.920 So that started in twenty twenty four because these financial 2222 01:59:19.920 --> 01:59:22.600 institutions were not following the law, and they were they 2223 01:59:22.600 --> 01:59:26.239 were refusing the instrument without dishonoring the instrument. 2224 01:59:26.640 --> 01:59:26.840 Right. 2225 01:59:27.960 --> 01:59:31.279 So I understand there's a million different people doing this 2226 01:59:31.279 --> 01:59:34.479 stuff online, but I just I can't I can't get 2227 01:59:34.479 --> 01:59:39.159 behind it. Unless it unless it connects with and meshes 2228 01:59:39.239 --> 01:59:42.319 with you see see article three. Because you see see 2229 01:59:42.439 --> 01:59:44.920 article three is the actual law. When you go into 2230 01:59:44.960 --> 01:59:49.159 a courtroom and you've got some made up fucking process. 2231 01:59:50.199 --> 01:59:53.840 I mean, it's hard enough even having the law, even 2232 01:59:53.880 --> 01:59:57.000 having the California Commercial Code, it can be difficult to 2233 01:59:57.039 --> 01:59:58.840 get into a court because they still call you a 2234 01:59:58.880 --> 02:00:03.520 sovereign citizen. It's like anybody who says commercial code at all, 2235 02:00:03.560 --> 02:00:05.720 it's just like instantly a fucking sovereign citizen. 2236 02:00:05.760 --> 02:00:08.079 It's like, it's ridiculous. 2237 02:00:08.119 --> 02:00:10.399 And the reason why that is because the Commercial Code 2238 02:00:10.439 --> 02:00:13.279 is so complicated and it's so difficult to understand that 2239 02:00:13.960 --> 02:00:17.640 very very few people understand it, and courts are just 2240 02:00:17.760 --> 02:00:20.880 filled with ego. So when you go in there and 2241 02:00:20.920 --> 02:00:25.239 you actually understand the Commercial Code, they don't and they 2242 02:00:25.239 --> 02:00:28.199 don't want anyone finding out that they don't, So it 2243 02:00:28.319 --> 02:00:32.880 becomes this whole fucking egotistical nightmare. And I just wasn't 2244 02:00:32.920 --> 02:00:35.960 expecting all of this. So when I started doing litigation, 2245 02:00:36.039 --> 02:00:37.279 I thought, Okay, this is the law. 2246 02:00:37.800 --> 02:00:38.479 It'll be easy. 2247 02:00:38.520 --> 02:00:41.000 I file a lawsuit, this is the law, this is 2248 02:00:41.000 --> 02:00:43.439 what I'm trying to do. Let's get it done. Let's 2249 02:00:43.439 --> 02:00:43.840 be friends. 2250 02:00:43.880 --> 02:00:44.399 We can move on. 2251 02:00:46.239 --> 02:00:50.760 Yeah, well, that's not even close to what we're experiencing. 2252 02:00:50.800 --> 02:00:51.720 So we're just. 2253 02:00:51.720 --> 02:00:55.520 Building up more and more lawsuits, more and more things, 2254 02:00:55.520 --> 02:00:58.079 and just getting more and more people on board, and 2255 02:00:58.119 --> 02:01:01.720 we're just eventually somewhere we're gonna get a district case 2256 02:01:01.800 --> 02:01:04.119 or something to crack, and then now we'll have a 2257 02:01:04.119 --> 02:01:06.239 little bit of persuasive authority, and now we can start 2258 02:01:06.239 --> 02:01:07.600 referencing that in other cases. 2259 02:01:08.000 --> 02:01:09.159 And then we're gonna keep. 2260 02:01:09.000 --> 02:01:10.760 Going and then we're gonna get something at like an 2261 02:01:10.760 --> 02:01:13.079 appeals level or a circuit court level, and then bang, 2262 02:01:13.119 --> 02:01:14.680 now we have real case law. And now we've got 2263 02:01:14.720 --> 02:01:17.520 to Now the door's really starting to swing open, and 2264 02:01:17.560 --> 02:01:20.000 we're gonna keep pushing and keep pushing and keep pushing 2265 02:01:20.079 --> 02:01:22.560 until we get to the Supreme Court. And then by then, 2266 02:01:23.640 --> 02:01:25.800 every time you send in and uh, every time the 2267 02:01:26.039 --> 02:01:28.000 credit card company sends you a bill, you endorse it, 2268 02:01:28.000 --> 02:01:31.119 send it back and they immediately process the payment. Now, obviously, 2269 02:01:31.159 --> 02:01:34.720 by that point we're gonna be going into, you know, 2270 02:01:35.159 --> 02:01:42.119 a monstrously gigantic economic slash financial evolution. And what I 2271 02:01:42.159 --> 02:01:47.000 think is going to happen is I'm essentially working myself 2272 02:01:47.079 --> 02:01:48.840 out of a job. And what I mean by that 2273 02:01:49.159 --> 02:01:55.439 is your average person in America when they learn this complicated, 2274 02:01:55.600 --> 02:01:59.880 ridiculous system that's been overly overly complicated on purpose just 2275 02:02:00.119 --> 02:02:02.920 confuse people so that they can have infinite money, and 2276 02:02:03.000 --> 02:02:05.640 so that you abandon all these funds that you're creating 2277 02:02:05.640 --> 02:02:07.560 all the time, and we have the fucking baby pods 2278 02:02:07.560 --> 02:02:11.920 from the matrix. When people realize that this is going on, 2279 02:02:12.640 --> 02:02:16.119 I think your average American is going to be pissed off. 2280 02:02:16.520 --> 02:02:19.199 I don't think your average American wants infinite money. I 2281 02:02:19.199 --> 02:02:22.680 think they just want an honest and simple monetary system. 2282 02:02:23.239 --> 02:02:26.960 So I think what's going to happen is this whole 2283 02:02:27.119 --> 02:02:29.600 like everyone's gonna have infinite money thing isn't what's going 2284 02:02:29.680 --> 02:02:31.680 to happen. I think what's going to happen is everyone's 2285 02:02:31.720 --> 02:02:34.800 going to rise up in revolution and we're going to 2286 02:02:34.880 --> 02:02:38.159 go back onto a gold and silver coin based system, 2287 02:02:38.199 --> 02:02:41.000 back to your original plug on gold and silver coins. 2288 02:02:42.159 --> 02:02:46.880 I truly, truly believe that's what's going to happen. I 2289 02:02:46.880 --> 02:02:52.039 don't think Americans want a world. I think Americans pride 2290 02:02:52.039 --> 02:02:54.600 themselves too much on working for what you have and 2291 02:02:55.000 --> 02:02:59.319 exchanging value and being a good person and putting in 2292 02:02:59.359 --> 02:03:00.159 time at work. 2293 02:03:00.199 --> 02:03:01.079 And I just don't. 2294 02:03:01.399 --> 02:03:05.279 I don't think this country is of the mindset or 2295 02:03:05.279 --> 02:03:09.039 mentality of a socialist. We're basically in a socialist system 2296 02:03:09.079 --> 02:03:13.479 and nobody's known it since nineteen thirty three. It's completely socialist. 2297 02:03:13.479 --> 02:03:16.720 The government owns everything. You own nothing, just like Charles 2298 02:03:16.760 --> 02:03:19.000 Swab says, or whoever's name is, you'll own nothing and 2299 02:03:19.079 --> 02:03:23.600 be happy. We've owned nothing and been maybe moderately happy 2300 02:03:23.640 --> 02:03:25.640 since nineteen thirty three, and no one knew it. 2301 02:03:27.159 --> 02:03:29.680 That's all Klaus Schwab, Werduck and on mccorum. 2302 02:03:30.279 --> 02:03:30.600 Yeah. 2303 02:03:30.640 --> 02:03:32.920 So the thing is is that you don't own anything. 2304 02:03:33.960 --> 02:03:37.119 You really don't, and you don't own your bank accounts. 2305 02:03:37.680 --> 02:03:41.239 Your businesses are US citizens because they were they were 2306 02:03:41.319 --> 02:03:43.880 they were opened up underneath the government. We already saw 2307 02:03:43.920 --> 02:03:47.159 that in forty two USC. Ninety one O two, Subsection eighteen. 2308 02:03:47.199 --> 02:03:50.199 Definition C. You know, any corporation or whatever or other 2309 02:03:50.319 --> 02:03:52.600 entity that's opened under the laws of the United States 2310 02:03:52.640 --> 02:03:55.800 is a US citizen. That US citizen. You're opening up 2311 02:03:55.840 --> 02:03:58.720 a bank account for that US citizen. The bank account's 2312 02:03:58.760 --> 02:04:01.680 not yours. That's why you're an authorized signer on the 2313 02:04:01.720 --> 02:04:04.960 microprint that's why they can dip into it whenever they want. 2314 02:04:05.159 --> 02:04:08.640 But they don't want anybody finding out about this stuff. 2315 02:04:08.800 --> 02:04:11.640 Why because there's fucking three times more guns than there 2316 02:04:11.640 --> 02:04:12.920 are people in this country. 2317 02:04:14.439 --> 02:04:14.880 Facts. 2318 02:04:15.399 --> 02:04:18.640 There's a reason why the Second Amendment is the second Amendment. 2319 02:04:18.800 --> 02:04:22.399 It's the second most important thing that these people who 2320 02:04:22.399 --> 02:04:25.199 are fucking brilliant, all these people who wrote and built 2321 02:04:25.239 --> 02:04:27.800 all this government, and they built the original you know, 2322 02:04:28.199 --> 02:04:29.159 constitutional republic. 2323 02:04:29.199 --> 02:04:30.199 They're a pretty smart dude. 2324 02:04:30.279 --> 02:04:32.000 You start reading a lot of the stuff they wrote, like, 2325 02:04:32.479 --> 02:04:34.760 you know, read the Federalist papers and stuff like that. 2326 02:04:34.880 --> 02:04:38.279 Now Alisande Hamilton and you know, read Thomas Jefferson quotes 2327 02:04:38.279 --> 02:04:41.640 and study blown away. When you start reading about why 2328 02:04:41.680 --> 02:04:44.119 they structured the things that they did and why they 2329 02:04:44.119 --> 02:04:46.600 did the things that they did, it's pretty amazing, right, 2330 02:04:46.680 --> 02:04:50.319 pretty smart guys, It's pretty It's pretty wild that the 2331 02:04:50.359 --> 02:04:53.279 second thing that they built into the goddamn thing, the 2332 02:04:53.319 --> 02:04:57.600 Bill of Rights, the number two thing is that people 2333 02:04:57.680 --> 02:05:00.479 have the right to bear I mean, that's pretty fucking serious. 2334 02:05:00.560 --> 02:05:03.680 It's it's top of the list. Now, why is. 2335 02:05:03.640 --> 02:05:07.439 It top of the list, Because it's taking them. It's 2336 02:05:07.439 --> 02:05:11.439 taken them two hundred plus years to put all this together, 2337 02:05:11.720 --> 02:05:14.760 and and they can't let people know. It's got to 2338 02:05:14.800 --> 02:05:19.640 be completely a cult because if people find out, you know, 2339 02:05:19.960 --> 02:05:22.680 you know where I'm from in Indiana, the average person's 2340 02:05:22.720 --> 02:05:24.600 got you know, six or seven guns. 2341 02:05:25.920 --> 02:05:26.560 Right right. 2342 02:05:26.920 --> 02:05:29.399 So, just just to get back to what you were 2343 02:05:29.439 --> 02:05:32.800 saying as far as the credit cards, right, Let's say 2344 02:05:32.880 --> 02:05:35.439 you have a thousand dollars credit card just for example, 2345 02:05:35.800 --> 02:05:37.880 and you run that baby all the way up to 2346 02:05:37.960 --> 02:05:42.319 one thousand dollars and then that then you basically get 2347 02:05:42.359 --> 02:05:45.000 not the receipt what is it the bill at the 2348 02:05:45.079 --> 02:05:46.800 end of the month is saying all right, well, you 2349 02:05:46.880 --> 02:05:49.840 owe a fraction of this at the minimal amount, but 2350 02:05:49.880 --> 02:05:52.960 you owe the full amount that you're eventually gonna have 2351 02:05:53.000 --> 02:05:57.800 to pay over time. How exactly are you then saying, well, 2352 02:05:57.960 --> 02:06:02.119 technically that credit card company or the government is going 2353 02:06:02.199 --> 02:06:04.640 to pay for that, and why wouldn't you have to 2354 02:06:04.640 --> 02:06:06.119 pay for it if you're the one that bought all 2355 02:06:06.119 --> 02:06:06.439 the shit? 2356 02:06:07.199 --> 02:06:10.880 Well, that's it comes down to the terminology. I'llgend the 2357 02:06:10.920 --> 02:06:14.399 screen share here because if you go back to I 2358 02:06:14.399 --> 02:06:17.479 had to close all my windows when my thing you crash. 2359 02:06:17.279 --> 02:06:19.920 There, Yeah, I got you. You are saying if you 2360 02:06:20.079 --> 02:06:22.319 endorse it and send it back to them and it 2361 02:06:22.399 --> 02:06:23.000 goes away. 2362 02:06:23.600 --> 02:06:27.359 So well, no, no, The answer to your question is 2363 02:06:27.479 --> 02:06:30.319 found in the definition of the word payment. There is 2364 02:06:30.359 --> 02:06:34.680 no money, There hasn't been any money, So how do 2365 02:06:34.760 --> 02:06:36.079 you pay? How do you make a payment? 2366 02:06:36.239 --> 02:06:36.439 Right? 2367 02:06:36.800 --> 02:06:39.199 Again, the definition of the word payment is really pretty 2368 02:06:39.239 --> 02:06:41.560 much the crux of a lot of what people don't 2369 02:06:41.600 --> 02:06:45.119 get right. The performance of a duty, promise or obligation. 2370 02:06:45.560 --> 02:06:48.319 You can stop right there, it goes farther, or discharge 2371 02:06:48.319 --> 02:06:50.600 of a debtor liability blah blah blah blah blah, a 2372 02:06:50.640 --> 02:06:54.640 by delivery of money or other value. Right, the bill 2373 02:06:54.680 --> 02:06:59.359 itself has value, so it's not money, but it would 2374 02:06:59.359 --> 02:07:02.359 be under this or other value section. It's an unconditional 2375 02:07:02.439 --> 02:07:05.439 order to pay. It is a negotiable instrument. That negotiable 2376 02:07:05.439 --> 02:07:08.359 instrument has value as a negotiable instrument, so it would. 2377 02:07:08.119 --> 02:07:10.239 Be the or other value. 2378 02:07:11.119 --> 02:07:15.479 But the performance of a duty, promise or obligation, just 2379 02:07:15.520 --> 02:07:18.720 like we saw on the the IRM the IRM Manual. 2380 02:07:19.479 --> 02:07:22.319 Let's let's break this down like word by word or 2381 02:07:22.359 --> 02:07:23.239 phrase by a phrase. 2382 02:07:23.279 --> 02:07:23.960 You know, understand it. 2383 02:07:24.000 --> 02:07:27.119 If we go back to the I R M, where 2384 02:07:27.159 --> 02:07:30.079 the IRIS is telling us what they want from us 2385 02:07:30.079 --> 02:07:32.640 if we want them to you know, bang the window 2386 02:07:32.720 --> 02:07:36.000 and pay our bills for us. What do they want 2387 02:07:37.079 --> 02:07:39.039 if a bill of exchange or registered bill of exchange 2388 02:07:39.079 --> 02:07:43.520 is received from a taxpayer authorizing the campus to settle 2389 02:07:43.520 --> 02:07:48.640 their account through fedwire, So what are they asking for authorization? 2390 02:07:48.800 --> 02:07:51.119 If you boil this down into what are they asking 2391 02:07:51.199 --> 02:07:55.680 for authorization? Go back to the word payment the performance 2392 02:07:55.720 --> 02:07:59.720 of a duty promise or obligation. So in this sentence, 2393 02:08:00.159 --> 02:08:02.800 what is the obligation that they need from you? 2394 02:08:03.560 --> 02:08:07.159 All they need is obligation, right like if, like Jonathan's example, 2395 02:08:07.159 --> 02:08:09.680 if you spend one thousand dollars, you put yourself into 2396 02:08:09.760 --> 02:08:11.960 a financial obligation to pay that back. 2397 02:08:12.039 --> 02:08:15.359 Later I thought, yeah, But the word payment is the 2398 02:08:15.359 --> 02:08:17.359 performance of a duty promise or obligation. 2399 02:08:17.560 --> 02:08:20.119 So if you think of it as that, the. 2400 02:08:20.159 --> 02:08:24.000 Duty promise or obligation the irs is asking from you 2401 02:08:24.840 --> 02:08:31.439 is authorization. So when you give them authorization, you are 2402 02:08:31.760 --> 02:08:36.279 legally paying payment and performance means the same thing. 2403 02:08:37.159 --> 02:08:41.399 So for for you to authorize is essentially your payment. 2404 02:08:41.840 --> 02:08:44.239 So if you take the bill and you endorse it, 2405 02:08:44.279 --> 02:08:48.079 and you authorize them to settle or to take all 2406 02:08:48.119 --> 02:08:51.479 of those manufactured unconditional promises to pay, take them to 2407 02:08:51.479 --> 02:08:54.520 the Federal Reserve Discount windows, swap them for Federal Reserve notes, 2408 02:08:54.520 --> 02:08:57.960 and settle the account on your behalf. You are making 2409 02:08:58.000 --> 02:09:01.760 a payment. Performance and PF and payment mean the same thing. 2410 02:09:03.680 --> 02:09:05.720 The IRS is not asking you to send in Federal 2411 02:09:05.760 --> 02:09:09.760 Reserve notes. They're asking you to send them a bill 2412 02:09:09.800 --> 02:09:13.720 of exchange or registered bill of exchange. That and also 2413 02:09:13.840 --> 02:09:18.279 a cover letter essentially authorizing them to settle your account 2414 02:09:18.439 --> 02:09:19.279 using FED wire. 2415 02:09:21.600 --> 02:09:25.359 This is a payment. By authorizing them, you are paying. 2416 02:09:26.720 --> 02:09:28.560 Why the fuck would they write it this way? 2417 02:09:29.000 --> 02:09:33.359 Like, surely they don't only just want your authorization, Like 2418 02:09:34.079 --> 02:09:37.000 surely they would rather your money, right, But why would 2419 02:09:37.000 --> 02:09:38.760 they write it this way if that's what they mean? 2420 02:09:39.680 --> 02:09:45.319 Because the bill is money, the bill is cash. That's 2421 02:09:45.319 --> 02:09:47.279 the part that it's so hard for people to wrap 2422 02:09:47.319 --> 02:09:47.880 their head around. 2423 02:09:48.520 --> 02:09:49.880 I see, okay, all. 2424 02:09:49.760 --> 02:09:53.079 Your bills are cash. All your traffic tickets are cash. 2425 02:09:53.239 --> 02:09:55.479 Anything a cop pulls you over for and gives you 2426 02:09:55.520 --> 02:09:57.920 on the side of the road, it's all cash. A 2427 02:09:57.960 --> 02:10:01.600 parking ticket is cash, and you can endorse it and 2428 02:10:01.720 --> 02:10:03.760 use it as cash. You can actually take a parking 2429 02:10:03.760 --> 02:10:06.560 ticket and deposit it in your bank account. What some 2430 02:10:06.680 --> 02:10:09.359 people have actually pulled that off. Yeah, I can't believe 2431 02:10:09.399 --> 02:10:12.159 it because I the taellers. I just can't believe any 2432 02:10:12.199 --> 02:10:15.159 teller would allow something like that to happen. But legally 2433 02:10:15.399 --> 02:10:18.199 you can do that. Legally, you can go and take 2434 02:10:18.439 --> 02:10:20.520 a bill from the IRS and deposit it in your 2435 02:10:20.520 --> 02:10:23.720 account as a positive value. The problem is if you 2436 02:10:23.800 --> 02:10:27.399 do that, the IRS is still still going to come 2437 02:10:27.439 --> 02:10:30.960 for you, honestly, But when you turn around you and 2438 02:10:31.000 --> 02:10:34.560 you endorse the bill, send it back and authorize the 2439 02:10:34.640 --> 02:10:37.840 campus to settle the account using fed wire. They go 2440 02:10:37.880 --> 02:10:41.439 away because you've completed that cycle. It's like a cycle. 2441 02:10:42.039 --> 02:10:46.039 I send you an unconditional order to pay, You perform 2442 02:10:46.279 --> 02:10:50.199 on the unconditional order to pay, and then you tender 2443 02:10:50.880 --> 02:10:56.199 the performed and completed unconditional order to pay back to 2444 02:10:56.279 --> 02:10:59.840 the person entitled to enforce the instrument, and that comp 2445 02:11:00.079 --> 02:11:03.600 leads the cycle. That's the world we live in, but 2446 02:11:03.640 --> 02:11:07.119 nobody knows that it's a totally socialist system. The government 2447 02:11:07.159 --> 02:11:11.079 owns everything and we just move around basically like IOUs. 2448 02:11:11.720 --> 02:11:14.159 It's like that fucking scene from Dumb and Dumber at 2449 02:11:14.159 --> 02:11:16.640 the end when he has that briefcase and he's full 2450 02:11:16.640 --> 02:11:19.079 of IOUs and he's like, there is every dollars accounted for. 2451 02:11:19.159 --> 02:11:22.359 It's the exact same idea. And you can actually even 2452 02:11:22.439 --> 02:11:26.399 go into Black's Law under where it says exchange, and 2453 02:11:26.439 --> 02:11:30.079 there's a subsection in that area called commercial law, and 2454 02:11:30.159 --> 02:11:34.319 it literally this definition, which comes from Webster's Dictionary. This 2455 02:11:34.399 --> 02:11:36.479 is the world we live in, and it says here 2456 02:11:36.840 --> 02:11:41.439 the process of settling accounts or debts between parties residing 2457 02:11:41.520 --> 02:11:45.239 at a distance from one another without the intervention of money, 2458 02:11:45.479 --> 02:11:50.319 by exchanging orders or drafts called bills of exchange. The 2459 02:11:50.359 --> 02:11:53.880 payment of debts in different places by an exchange or 2460 02:11:54.000 --> 02:11:57.840 transfer of credits. This is the world we've lived in 2461 02:11:58.359 --> 02:12:03.079 since April fourteen or whatever it is, nineteen thirty three. 2462 02:12:05.319 --> 02:12:07.199 This is the world we live in right here. 2463 02:12:08.479 --> 02:12:11.159 That is just mind boggling. 2464 02:12:11.319 --> 02:12:16.399 So by saying this statement, they are essentially showing their 2465 02:12:16.479 --> 02:12:22.079 hand that money isn't what we always thought it was 2466 02:12:22.119 --> 02:12:25.039 in a sense. Right, So if you're saying that the 2467 02:12:25.119 --> 02:12:28.439 bill itself is valuable and all you got to do 2468 02:12:28.800 --> 02:12:31.800 is endorse it and send it back to them, then 2469 02:12:31.920 --> 02:12:36.880 by their own law, they're required to accept that as payment. 2470 02:12:38.279 --> 02:12:41.560 They can dishonor the instrument as per the rules of 2471 02:12:41.600 --> 02:12:45.960 dishonor in three five h two. There's very very specific 2472 02:12:46.079 --> 02:12:50.399 situations where they can legally dishonor the instrument. I've just 2473 02:12:50.640 --> 02:12:54.359 never ever seen them do it. They just refuse it, 2474 02:12:54.760 --> 02:12:59.760 which that they cannot do. They cannot refuse the payment. 2475 02:13:00.119 --> 02:13:02.279 They can dishonor the payment. 2476 02:13:03.439 --> 02:13:05.319 Which they've never done, which. 2477 02:13:05.079 --> 02:13:07.680 They've never done. I've never ever ever seen it done ever. 2478 02:13:07.840 --> 02:13:11.920 Not once, And why the fuck wouldn't they. 2479 02:13:12.600 --> 02:13:15.359 Because it's it's like if you pay it late and stuff. 2480 02:13:15.399 --> 02:13:18.119 It's like very specific situations, are they. One of them 2481 02:13:18.199 --> 02:13:24.319 is like they think that the person who endorsed it. 2482 02:13:22.920 --> 02:13:24.359 Isn't actually the correct person. 2483 02:13:24.399 --> 02:13:27.039 They think there's some kind of like like fraud and 2484 02:13:27.079 --> 02:13:30.840 they want the person to like verify that it's them. 2485 02:13:31.439 --> 02:13:35.000 So if you go to the bank, you know what 2486 02:13:35.039 --> 02:13:38.960 a notary is a notorization, right, Yeah, there's a different 2487 02:13:39.199 --> 02:13:43.439 there's a type, a special type of notorization specifically for endorsements. 2488 02:13:44.520 --> 02:13:50.880 It's called a medallion stamp guarantee. And you can get 2489 02:13:50.880 --> 02:13:54.119 this done at banks and stuff like that. Right, So, 2490 02:13:55.159 --> 02:13:57.760 a medallion stamp guarantee is a special stamp used to 2491 02:13:57.840 --> 02:14:02.199 verify signatures on documents really to transferring or selling security. 2492 02:14:02.239 --> 02:14:06.039 So if we go into the UCC three dash five 2493 02:14:06.039 --> 02:14:09.359 oh two the rules of dishonor, and we look at 2494 02:14:09.720 --> 02:14:19.920 a one of them is like if has to do 2495 02:14:19.960 --> 02:14:24.199 with like the legalities or like the truthfulness of which 2496 02:14:24.239 --> 02:14:27.600 the endorsement was done or whatever, And you can get 2497 02:14:27.640 --> 02:14:29.720 around that really easily. All you do is just go 2498 02:14:29.800 --> 02:14:32.840 in and you just get a medallion stamp guarantee and 2499 02:14:32.920 --> 02:14:37.760 it looks just like this, and when you do your 2500 02:14:37.840 --> 02:14:42.399 endorsement on the face of the instrument, the bank officer 2501 02:14:42.880 --> 02:14:45.600 is going to ask for your ID and he's going 2502 02:14:45.640 --> 02:14:48.600 to verify. It's just it's a special type of notarization 2503 02:14:48.720 --> 02:14:54.159 specifically for a negotiable instrument. If you do this, there's 2504 02:14:54.239 --> 02:14:57.159 basically no way they can dishonor the instrument. When you 2505 02:14:57.199 --> 02:15:00.159 read through all the rules of dishonor. The only either 2506 02:15:00.199 --> 02:15:02.720 way they can really dishonor the instrument. Besides this is 2507 02:15:02.760 --> 02:15:06.279 if you pay it late, basically, if you send it 2508 02:15:06.319 --> 02:15:09.479 in later than the due date essentially. But the thing 2509 02:15:09.560 --> 02:15:11.680 is is that they don't even do this. They don't 2510 02:15:11.720 --> 02:15:15.039 even dishonor they don't even try to dishonor. We've never 2511 02:15:15.159 --> 02:15:19.560 ever seen anyone ever, hundreds or thousands or tens of 2512 02:15:19.600 --> 02:15:22.359 thousands of these things have been sent out. We've never 2513 02:15:22.479 --> 02:15:26.680 ever seen anybody try to dishonor. Right, if they did 2514 02:15:26.720 --> 02:15:30.079 dishonor under a certification, all you would have to do 2515 02:15:30.159 --> 02:15:31.520 is just go to the bank and get one of 2516 02:15:31.560 --> 02:15:33.840 these and send it back in. And then now they 2517 02:15:34.119 --> 02:15:37.479 couldn't do that. So it's the Dishonor thing is almost 2518 02:15:37.479 --> 02:15:40.479 irrelevant because even if they did dishonor it, it's really. 2519 02:15:40.239 --> 02:15:41.199 Really easy to fix. 2520 02:15:42.119 --> 02:15:46.199 So basically, at the end of the day, there's nothing 2521 02:15:46.239 --> 02:15:48.399 they can do to stop any of this from happening, essentially, 2522 02:15:48.960 --> 02:15:51.159 which is why they're so terrified that people are. 2523 02:15:51.039 --> 02:15:51.800 Finding out about it. 2524 02:15:53.880 --> 02:15:56.399 I see, there is no way to stop this train. 2525 02:15:56.680 --> 02:15:58.000 It's physically impossible. 2526 02:16:00.399 --> 02:16:02.840 That is Uh, that's good news. 2527 02:16:03.079 --> 02:16:05.560 I mean, hey, we if we're trying to break the 2528 02:16:05.600 --> 02:16:09.760 financial system, I mean it has to go back to 2529 02:16:10.039 --> 02:16:12.920 starting point, which would be you know, gold and silver 2530 02:16:12.960 --> 02:16:16.960 and actually using real money as opposed to this loophole 2531 02:16:17.600 --> 02:16:20.520 kind of fake money system that there Well, there is 2532 02:16:20.560 --> 02:16:22.880 no money. 2533 02:16:22.600 --> 02:16:23.560 Yeah, there is no money. 2534 02:16:23.600 --> 02:16:27.560 There hasn't been any money, and everything that everyone owns 2535 02:16:27.680 --> 02:16:30.279 is owned by the government because whenever you put your 2536 02:16:30.359 --> 02:16:33.520 name on anything they assume it's the silver propridership, which 2537 02:16:33.559 --> 02:16:35.360 is why like you. 2538 02:16:35.319 --> 02:16:37.159 Don't own your car, you don't own your house. 2539 02:16:37.159 --> 02:16:40.399 That's why you have to pay property taxes because you 2540 02:16:40.399 --> 02:16:43.799 don't own your house. When you use a soial security 2541 02:16:43.879 --> 02:16:47.159 number at escrow, the social scurity number is the EI 2542 02:16:47.280 --> 02:16:52.959 number for a public corporation slash sol proprietorship, you're basically 2543 02:16:53.000 --> 02:16:55.799 putting everything underneath that sold propridorship, which is why you 2544 02:16:55.799 --> 02:16:56.920 pay property taxes. 2545 02:16:57.479 --> 02:16:58.159 You don't own it. 2546 02:16:59.000 --> 02:17:01.639 But then again, if you don't own it, and the 2547 02:17:01.680 --> 02:17:04.879 property taxes is also an unconditional order to pay, you 2548 02:17:05.680 --> 02:17:08.159 you can you can negotiate that thing and send it 2549 02:17:08.200 --> 02:17:09.959 back and then they're not going to accept it, and 2550 02:17:10.000 --> 02:17:13.000 then you can sue them for not accepting or dissign 2551 02:17:13.079 --> 02:17:15.840 on the instrument. Or you can add the United States 2552 02:17:15.920 --> 02:17:19.239 in as a defendant. If you don't own it, then 2553 02:17:19.239 --> 02:17:21.799 you don't need to pay the property taxes. There's two 2554 02:17:21.799 --> 02:17:24.559 ways you can look at it. You can either exit 2555 02:17:24.600 --> 02:17:27.079 your property from the system entirely and now you really 2556 02:17:27.120 --> 02:17:28.680 do have to pay for it and take care of it, 2557 02:17:28.680 --> 02:17:30.120 but then you're also not going have to pay any 2558 02:17:30.120 --> 02:17:34.520 property taxes, or leave it in the system, and then 2559 02:17:34.520 --> 02:17:37.120 whenever anybody sends you a bill, sue them all and 2560 02:17:37.200 --> 02:17:39.200 add the United States and as a defendant and make 2561 02:17:39.239 --> 02:17:42.680 them pay for it. You can go either way, you 2562 02:17:42.760 --> 02:17:46.639 win either way. The problem is you're getting the shit 2563 02:17:46.840 --> 02:17:50.479 end of the stick on both sides of every single transaction. 2564 02:17:50.719 --> 02:17:53.920 That's the problem. The problem is not that the government 2565 02:17:53.959 --> 02:17:57.879 owns everything. The problem is that the government owns everything. 2566 02:17:57.959 --> 02:18:01.280 They should fucking pay for it. If you want to 2567 02:18:01.280 --> 02:18:02.479 own it, you pay for it. 2568 02:18:02.559 --> 02:18:03.120 You own it. 2569 02:18:03.200 --> 02:18:07.000 You wouldn't pay property taxes or let them fucking keep 2570 02:18:07.000 --> 02:18:09.399 it and send all the bills of them. The IRS 2571 02:18:09.479 --> 02:18:12.200 tells you exactly what fucking room number to send it to, 2572 02:18:12.520 --> 02:18:15.879 room three, four, one three, whatever it is. It's exact 2573 02:18:15.920 --> 02:18:20.280 specific room number. So I was gonna show you one 2574 02:18:20.280 --> 02:18:22.040 of these. I'm trying to find while I'm talking. I'm 2575 02:18:22.040 --> 02:18:23.760 trying to find this thing I attached to one of 2576 02:18:23.760 --> 02:18:25.639 my court cases. I think it's this one here. 2577 02:18:27.319 --> 02:18:30.600 Uh no, no, no, no, it's a little bit farther down 2578 02:18:30.799 --> 02:18:31.280 here it is. 2579 02:18:32.520 --> 02:18:34.520 So this is an exhibit that I added to a 2580 02:18:34.600 --> 02:18:39.600 court case suing American Express. So this is straight out 2581 02:18:39.760 --> 02:18:43.799 of the card member agreement for an American Express account 2582 02:18:43.799 --> 02:18:46.040 that I had. You can see here card member agreement. 2583 02:18:46.200 --> 02:18:48.559 You can look this up for your own account, and 2584 02:18:48.639 --> 02:18:52.200 there's literally an entire section called promise to pay. It's 2585 02:18:52.239 --> 02:18:56.280 the exact same terminology from UZZ three. You promise to 2586 02:18:56.360 --> 02:19:01.040 pay all charges, including charges you make even if you 2587 02:19:01.040 --> 02:19:03.079 did not present your card or signed for the transaction, 2588 02:19:03.600 --> 02:19:05.799 charges that other people make if you let them use 2589 02:19:05.799 --> 02:19:08.879 your account, and charges that additional card members may make 2590 02:19:08.959 --> 02:19:12.159 or permit others to make. It's a promise to pay. 2591 02:19:12.680 --> 02:19:16.719 It's literally the exact terminology of three one oh four. 2592 02:19:16.799 --> 02:19:19.680 It's a fucking unconditional promise to pay right. 2593 02:19:19.959 --> 02:19:22.959 And therefore, if they send you a bill, you endorse it, 2594 02:19:23.040 --> 02:19:26.120 send it back, and you've been able to get away No, 2595 02:19:26.200 --> 02:19:27.840 I don't want to say get away with it like 2596 02:19:27.879 --> 02:19:30.200 you're cheating the system. I don't know if you are 2597 02:19:30.239 --> 02:19:32.200 cheating the system or not. To be honest with you, 2598 02:19:32.239 --> 02:19:32.600 look at. 2599 02:19:32.559 --> 02:19:34.760 This, Look at this card member agreement. We're back in 2600 02:19:34.799 --> 02:19:37.000 the card member agreement and different a different filing I 2601 02:19:37.040 --> 02:19:37.920 filed into this case. 2602 02:19:38.399 --> 02:19:39.399 How to make payments. 2603 02:19:40.479 --> 02:19:44.959 Make payments to us in US dollars with write your 2604 02:19:44.959 --> 02:19:48.639 account number on your check or negotiable instrument and include 2605 02:19:48.639 --> 02:19:54.840 the payment coupon a single a single negotiable instrument, clearable 2606 02:19:54.879 --> 02:19:59.239 through the US banking system. Okay, they're telling you straight 2607 02:19:59.319 --> 02:20:02.280 up you can pay using a negotiable instrument. Well, duh, 2608 02:20:02.319 --> 02:20:04.440 you can pay using a negotiable instrument, because a fucking 2609 02:20:04.440 --> 02:20:07.760 federal reserve note is a goddamn negotiable instrument. Everything is 2610 02:20:07.760 --> 02:20:13.600 a negotiable instrument. Everything is a negotiable instrument. A mortgage 2611 02:20:13.639 --> 02:20:16.719 note is a negotiable instrument. A traffic ticket is a 2612 02:20:16.719 --> 02:20:21.680 negotiable instrument. A fucking court judgment is a negotiable instrument. 2613 02:20:22.600 --> 02:20:25.760 Wouldn't a traffic ticket be more of a citation than 2614 02:20:25.799 --> 02:20:27.120 a negotiable instrument? 2615 02:20:27.159 --> 02:20:27.879 Though, nop. 2616 02:20:28.040 --> 02:20:31.079 If they're unconditionally ordering you to pay, Remember, pay and 2617 02:20:31.159 --> 02:20:35.040 performance mean the same thing. So if they're unconditionally ordering 2618 02:20:35.079 --> 02:20:38.280 you to perform, which means to be a certain court 2619 02:20:38.360 --> 02:20:40.920 house at a certain date and time, it's still a 2620 02:20:40.959 --> 02:20:48.440 negotiable instrument. Payment and performance mean the same thing. H 2621 02:20:48.879 --> 02:20:53.159 An unconditional order to pay or an unconditional order to 2622 02:20:53.239 --> 02:20:57.639 perform are both drafts. Okay, if you think about it, 2623 02:20:57.760 --> 02:20:59.719 everything under the sun won in starmers is either an 2624 02:20:59.760 --> 02:21:03.799 uncre additional promise or order to pay everything is or perform. 2625 02:21:05.280 --> 02:21:08.479 So your entire basis for want to even look into 2626 02:21:08.520 --> 02:21:12.319 this is whenever you found out that literally you own 2627 02:21:12.440 --> 02:21:16.520 nothing and everything is owned by the United States, right, 2628 02:21:16.959 --> 02:21:21.559 And so your way of not having to pay for 2629 02:21:21.920 --> 02:21:25.920 your credit card, your mortgage, whatever it is, is to say, well, 2630 02:21:26.479 --> 02:21:29.360 it's not my job to pay for anything if I'm 2631 02:21:29.399 --> 02:21:31.760 never going to own it, send the bill back to 2632 02:21:32.040 --> 02:21:33.559 the people that actually own it. 2633 02:21:33.600 --> 02:21:35.239 Is that essentially what you're trying to do. 2634 02:21:35.840 --> 02:21:38.840 No, because again you have to like kind of deprogram 2635 02:21:38.879 --> 02:21:41.239 your mind, because the thing is that when you perform, 2636 02:21:41.639 --> 02:21:44.600 you are paying. When you put the endorsement and you 2637 02:21:44.639 --> 02:21:47.000 tender the instrument back to the person entiled to enforce 2638 02:21:47.040 --> 02:21:47.920 the instrument. 2639 02:21:47.760 --> 02:21:50.040 You are paying. That is a payment. 2640 02:21:50.440 --> 02:21:53.079 What do you mean by tender it back? Like the 2641 02:21:53.120 --> 02:21:55.280 mechanics of what you mean by this, you mean, like. 2642 02:21:55.520 --> 02:21:59.799 So, tender is an unconditional offer. So if you mail 2643 02:21:59.840 --> 02:22:04.559 it back to them unconditionally, then it's a tender. The 2644 02:22:04.680 --> 02:22:07.520 legal definition of the word tender means an unconditional offer. 2645 02:22:10.600 --> 02:22:14.159 So they give you a bill and you give them 2646 02:22:14.200 --> 02:22:17.520 the unconditional offer to pay that bill. 2647 02:22:18.239 --> 02:22:22.479 No, you you receive the bill. Thus becoming the holder. 2648 02:22:22.920 --> 02:22:25.399 Now you're the holder. Now what does a holder do 2649 02:22:25.479 --> 02:22:28.280 with the negotiable instrument? They endorse the instrument to prepare 2650 02:22:28.319 --> 02:22:31.000 the instrument for negotiation, which means transfer. 2651 02:22:31.440 --> 02:22:33.520 And then how would you, as the as the person 2652 02:22:33.639 --> 02:22:37.159 the holder, how do you endorse that bill? 2653 02:22:37.719 --> 02:22:41.760 You use a blank endorsement, qualified endorsement, special endorsement. And 2654 02:22:41.799 --> 02:22:43.639 then if you start reading a lot of court cases 2655 02:22:43.639 --> 02:22:46.959 about this, especially from the eighteen hundreds, you're supposed to 2656 02:22:47.360 --> 02:22:50.479 you're not supposed to, but essentially in order to get 2657 02:22:50.520 --> 02:22:54.600 like so like that area where it said like if 2658 02:22:54.600 --> 02:22:58.239 it's refused, it still applies regardless. If you go into 2659 02:22:58.639 --> 02:23:01.079 a lot of the court cases associated with people who 2660 02:23:01.120 --> 02:23:02.879 did that in the past, a lot of that's in 2661 02:23:02.879 --> 02:23:07.079 the eighteen hundreds, they they added a cover letter that 2662 02:23:07.200 --> 02:23:11.239 like explained what they were trying to do essentially, And 2663 02:23:12.079 --> 02:23:15.559 in the court cases you'll find like people who didn't 2664 02:23:15.600 --> 02:23:18.680 include a cover letter that like explains what they're trying 2665 02:23:18.680 --> 02:23:22.040 to do and like really simple language, like the courts 2666 02:23:22.120 --> 02:23:27.920 wouldn't let them like force the instrument to be applied. 2667 02:23:28.280 --> 02:23:31.639 Whereas the cases where they did include like a simple 2668 02:23:31.680 --> 02:23:33.680 cover letter that goes into what they're trying to do 2669 02:23:33.719 --> 02:23:35.719 and like simple terminology. 2670 02:23:35.559 --> 02:23:38.479 They did allow that to activate. 2671 02:23:39.040 --> 02:23:41.479 So basically, because of my studies and a lot of 2672 02:23:41.520 --> 02:23:45.120 the court cases and stuff, I recommend that people add 2673 02:23:45.159 --> 02:23:49.559 a cover letter and just like a couple paragraphs explaining 2674 02:23:49.719 --> 02:23:52.680 what it is they're trying to do, because when they 2675 02:23:52.719 --> 02:23:56.440 sue they can use a lot of this these old 2676 02:23:56.479 --> 02:23:59.319 court cases that basically explain that if as long as 2677 02:23:59.360 --> 02:24:01.639 there's that cover letter, it gives them a lot better 2678 02:24:01.680 --> 02:24:02.520 standing in court. 2679 02:24:02.719 --> 02:24:09.559 Basically, okay, huh okay, So you endorse it at the 2680 02:24:09.559 --> 02:24:13.760 cover letter, send it back, and then that is giving 2681 02:24:13.799 --> 02:24:18.000 them the offer authorization. Got you. 2682 02:24:18.520 --> 02:24:21.120 It's basically the same terminology the I R S gibs. 2683 02:24:21.120 --> 02:24:23.639 You can even use that terminology in your cover letter. 2684 02:24:24.120 --> 02:24:28.639 You're authorizing the credit card company to settle the account 2685 02:24:28.799 --> 02:24:30.760 using fed wire or fed Now. 2686 02:24:31.799 --> 02:24:34.639 One more time explaining what is fedwire. You brought it 2687 02:24:34.719 --> 02:24:37.200 up earlier, but I've heard it. This is a website. 2688 02:24:37.799 --> 02:24:41.760 So fed wire is basically like the the software or 2689 02:24:41.840 --> 02:24:46.319 program that that interfaces with the Federal Reserve Discount window. 2690 02:24:47.360 --> 02:24:49.680 I don't, I don't, I don't never seen it with 2691 02:24:49.719 --> 02:24:52.879 my own two eyes. I don't know what if the 2692 02:24:52.920 --> 02:24:55.520 screens look like or whatever I imagine. 2693 02:24:57.040 --> 02:25:00.959 Fed Wire. I don't know fed wire screen shots. I 2694 02:25:01.000 --> 02:25:02.639 don't know what it even looks like. Let's see if 2695 02:25:02.639 --> 02:25:03.479 it comes up. 2696 02:25:06.440 --> 02:25:08.159 I under just ask you if there's like a website 2697 02:25:08.200 --> 02:25:13.040 where this could be more streamlined, then it would make 2698 02:25:13.079 --> 02:25:16.479 more sense to me, and especially in this modern digital age, 2699 02:25:16.479 --> 02:25:19.319 it would make sense that there would be, you know, 2700 02:25:20.120 --> 02:25:21.559 some sort of way to do that. And the fact 2701 02:25:21.600 --> 02:25:23.639 that it's been brought up on some many of these documents, 2702 02:25:23.879 --> 02:25:26.600 I'm assuming it's like it's a clutch thing, right. 2703 02:25:27.000 --> 02:25:29.959 Well, let me show you a little bit more about it. 2704 02:25:30.000 --> 02:25:32.200 I can show you so if you go to Federal 2705 02:25:32.239 --> 02:25:37.040 Reserve dot gov, Slash Payment Systems, Slash Master, dash account 2706 02:25:37.239 --> 02:25:37.959 dash and. 2707 02:25:38.120 --> 02:25:41.239 Dash Services, dash Database, dash About, you can just type in. 2708 02:25:43.040 --> 02:25:47.520 Federal Reserve Master Accounts and Services Database into Google and 2709 02:25:47.559 --> 02:25:48.520 it should pop up. 2710 02:25:48.559 --> 02:25:49.399 Right. It looks like this. 2711 02:25:50.559 --> 02:25:55.280 Now, this website shows you every single credit union or 2712 02:25:55.360 --> 02:25:58.760 bank that has either existing access to the Federal Reserve 2713 02:25:58.799 --> 02:26:03.719 Discount Window or they have requests that are currently being 2714 02:26:03.799 --> 02:26:06.520 processed to get into the Federal Reserve Discount Windows. So 2715 02:26:06.520 --> 02:26:11.479 if we go to existing access, we can search by city, institution, name, 2716 02:26:12.319 --> 02:26:14.559 date started, Central Bank District. 2717 02:26:15.120 --> 02:26:15.239 Bar. 2718 02:26:15.319 --> 02:26:17.079 We can just go down and we can see there's 2719 02:26:17.120 --> 02:26:20.959 four hundred and forty seven pages worth of banking institutions. 2720 02:26:21.319 --> 02:26:23.440 But let's say we have to look up American Express 2721 02:26:24.319 --> 02:26:27.639 American Express and it comes down and it gives us 2722 02:26:27.680 --> 02:26:30.920 this drop down and it says here American Express National Bank. 2723 02:26:31.000 --> 02:26:33.079 Let's click that, and then we're going to click a 2724 02:26:33.120 --> 02:26:37.159 bit and then here we go. 2725 02:26:37.239 --> 02:26:40.319 We have just one item here, and the item is 2726 02:26:41.440 --> 02:26:45.799 American Express National Bank, which has had a Federal Reserve 2727 02:26:45.920 --> 02:26:50.639 Discount Window access since October seventeenth of nineteen ninety four. 2728 02:26:50.879 --> 02:26:55.280 They are registered in Sandy, Utah, and their district is 2729 02:26:55.360 --> 02:26:58.639 the San Francisco District. And then it says here are 2730 02:26:58.680 --> 02:27:03.319 they Federal FDIC insured and it says yes, FDIC insured. 2731 02:27:03.479 --> 02:27:06.559 Right, So this is only This isn't just for banks, right, 2732 02:27:06.600 --> 02:27:09.239 this is for pretty much any corporate entity. 2733 02:27:10.040 --> 02:27:12.200 It's for banks and credit unions only. 2734 02:27:12.559 --> 02:27:16.360 Okay, now I found let me see if I can 2735 02:27:16.479 --> 02:27:20.799 rapidly find it. If I go to my website, I 2736 02:27:20.879 --> 02:27:24.399 remember finding this credit union. 2737 02:27:26.959 --> 02:27:28.159 Yeah, here we go. This is great. 2738 02:27:28.840 --> 02:27:32.479 So so this twelve USC seventeen to fifty three explains 2739 02:27:33.440 --> 02:27:36.840 any seven or more natural persons who desire to form 2740 02:27:37.000 --> 02:27:41.719 a federal credit union. So shall each subscribe either individually 2741 02:27:41.840 --> 02:27:46.879 or collectively before some officer competent to administer oaths an 2742 02:27:46.959 --> 02:27:50.360 organization certificate and duplicate blah blah blah blah blah, so 2743 02:27:50.440 --> 02:27:55.920 seven people can come together and create a federal credit union. 2744 02:27:56.719 --> 02:27:59.760 Once you create your federal credit union, then you're going 2745 02:27:59.840 --> 02:28:03.040 to go and fill out what's called an OC ten agreement, 2746 02:28:03.120 --> 02:28:07.479 which is called an Operating Circular ten agreement. This is 2747 02:28:07.600 --> 02:28:09.920 the agreement that you're going to be signing with the 2748 02:28:09.959 --> 02:28:14.879 Feeder Reserve in order to get establishing discount window access. 2749 02:28:16.799 --> 02:28:18.760 So once you open up your credit union, which we 2750 02:28:18.799 --> 02:28:20.760 do have some teams working on that, by the way, 2751 02:28:20.799 --> 02:28:23.319 it's kind of a long process, then you're going to 2752 02:28:23.360 --> 02:28:25.879 sign your OC ten agreement and then bang. Once you 2753 02:28:25.920 --> 02:28:28.120 sign that OC ten agreement, you're going to go on 2754 02:28:28.559 --> 02:28:33.120 the Requests for Access page. This is people who have 2755 02:28:33.239 --> 02:28:38.000 newly signed OC ten's and you can see approved pending, 2756 02:28:38.760 --> 02:28:43.959 Approved pending. It has different tier access. There's tier one, 2757 02:28:44.000 --> 02:28:46.959 Tier two, or tier three. It tells you which tier 2758 02:28:47.000 --> 02:28:50.239 they're on. It tells you which Feeder Reserve Bank district 2759 02:28:50.280 --> 02:28:55.799 they're in. Right once this is approved, now you can 2760 02:28:55.840 --> 02:28:58.600 actually go and do all the same shit that the 2761 02:28:58.639 --> 02:29:00.959 banks and the credit unions are and you can actually 2762 02:29:00.959 --> 02:29:03.760 take your own promises to pay, or you can take 2763 02:29:03.799 --> 02:29:06.840 your own fucking bills that you get from the utility 2764 02:29:06.840 --> 02:29:09.799 company anywhere else. You can write the endorsement, you can 2765 02:29:09.840 --> 02:29:12.440 write the application for notes as per twelve USC. Four 2766 02:29:12.440 --> 02:29:13.840 one two, and you can go to the window and 2767 02:29:13.879 --> 02:29:16.760 you can swap all these things all day long for 2768 02:29:16.840 --> 02:29:20.879 Federal Reserve notes. That makes things a lot easier. But 2769 02:29:21.000 --> 02:29:22.760 either way you look at it, you're looking at a 2770 02:29:22.760 --> 02:29:24.639 long haul. Because it's a long haul to open up 2771 02:29:24.639 --> 02:29:28.000 a credit union. It's also a long haul to sue 2772 02:29:28.200 --> 02:29:31.719 the credit card companies and force them to actually follow 2773 02:29:31.920 --> 02:29:34.879 the law. So either way, until we start getting more 2774 02:29:34.879 --> 02:29:37.120 persuasive authority in the courts and case. 2775 02:29:36.959 --> 02:29:40.120 Law, this is not easy. 2776 02:29:41.680 --> 02:29:43.680 But the thing is is that you know, you've got 2777 02:29:43.680 --> 02:29:46.360 to realize every single time you use your credit card, 2778 02:29:46.440 --> 02:29:49.239 you're producing currency and they're just stealing that currency from you. 2779 02:29:50.319 --> 02:29:54.000 So it's up to you how pissed off that makes you. 2780 02:29:54.159 --> 02:29:57.000 But you know, I'm not really pissed off about it, 2781 02:29:57.040 --> 02:30:00.680 but I'm done with it. It's just not going to happen anymore. 2782 02:30:01.399 --> 02:30:03.959 So essentially, next case was dismissed and I took it 2783 02:30:04.000 --> 02:30:08.200 to appeals and I said, hey, I didn't abandon these things. 2784 02:30:08.479 --> 02:30:11.399 I didn't donate these things. I don't know what the 2785 02:30:11.440 --> 02:30:14.000 fuck they think I'm dealing with these things. They won't 2786 02:30:14.000 --> 02:30:17.760 even fucking talk to me. And I want my goddamn 2787 02:30:17.799 --> 02:30:20.760 fucking unconditional promises to pay. I want my fucking notes. 2788 02:30:20.760 --> 02:30:21.959 Where the fuck are my notes? 2789 02:30:24.399 --> 02:30:25.879 And they will not respond to that. 2790 02:30:26.040 --> 02:30:27.879 No, God, no, God no. 2791 02:30:28.840 --> 02:30:30.840 So what's the next step for you to bring it 2792 02:30:30.879 --> 02:30:33.239 to the next level to where it does get seen. 2793 02:30:34.079 --> 02:30:37.440 Just keep keep helping people file suits, and just keep 2794 02:30:37.639 --> 02:30:39.799 filing suits and just make this thing bigger and bigger 2795 02:30:39.879 --> 02:30:42.959 until somebody can get some traction and then and then 2796 02:30:43.000 --> 02:30:46.200 we'll start getting case law and persuasive authority and everything else. 2797 02:30:46.280 --> 02:30:47.959 I mean, there's so many people doing this shit now. 2798 02:30:48.000 --> 02:30:49.719 I don't think it's gonna I don't think it's going 2799 02:30:49.760 --> 02:30:52.239 to be that much longer to be as with you, so. 2800 02:30:52.319 --> 02:30:55.799 You had mentioned you had mentioned earlier, and I've seen 2801 02:30:57.319 --> 02:31:00.159 certain social media eclips of people doing it as well, 2802 02:31:00.520 --> 02:31:03.440 about how people are just walking into car dealerships and 2803 02:31:03.479 --> 02:31:07.040 basically just getting cars for free. And it's it's not 2804 02:31:07.159 --> 02:31:09.920 just a oh it happened one time and it was 2805 02:31:10.000 --> 02:31:12.799 some kind of paperwork fluke or something like that. People 2806 02:31:12.840 --> 02:31:16.920 are legitimately doing this seemingly on like a daily basis. 2807 02:31:17.120 --> 02:31:19.600 How exactly is that process going down? 2808 02:31:20.200 --> 02:31:23.040 It's the same thing when you sign the promisory knowe 2809 02:31:23.040 --> 02:31:25.360 of the dealership, you just endorse it with a qualified 2810 02:31:25.399 --> 02:31:28.280 and special endorsement. Same same thing the banks are doing 2811 02:31:28.319 --> 02:31:31.399 when they take your note to the Federal Reserve discount window, 2812 02:31:31.639 --> 02:31:35.559 same thing and basically operating as though you're a bank. 2813 02:31:35.840 --> 02:31:38.120 Basically that's that's really all it. 2814 02:31:38.000 --> 02:31:41.159 Is, and they have to comply. All the car dealerships 2815 02:31:41.200 --> 02:31:43.600 have to comply. Like, are is there any push back? 2816 02:31:43.600 --> 02:31:46.079 I think it's more exciting because again, like I said before, 2817 02:31:46.479 --> 02:31:49.879 the note value when you go to the window is the. 2818 02:31:49.840 --> 02:31:51.479 Maturity value of the note. 2819 02:31:51.520 --> 02:31:54.719 So if a car note is you know, seven percent 2820 02:31:54.799 --> 02:32:00.360 interest over five years, all that interest value is compiled 2821 02:32:00.440 --> 02:32:02.760 into the note. So when they come back from the window, 2822 02:32:02.959 --> 02:32:06.520 even after paying the discount rate of five percent, there's 2823 02:32:06.559 --> 02:32:09.280 still a surplus of Federal Reserve notes because it includes 2824 02:32:09.319 --> 02:32:13.520 that five years of seven percent interest. So what's happening 2825 02:32:13.559 --> 02:32:16.520 is that not only are we getting free cars, but 2826 02:32:16.559 --> 02:32:20.559 then what we're doing is we're actually suing the transaction 2827 02:32:20.680 --> 02:32:24.319 company and the financial company and the dealerships to get 2828 02:32:24.360 --> 02:32:29.200 all the additional cash value of the notes above and 2829 02:32:29.319 --> 02:32:32.879 beyond the payment for the car. So it's actually even 2830 02:32:32.920 --> 02:32:36.200 a step farther. We're actually litigating to get paid to 2831 02:32:36.360 --> 02:32:37.360 take free cars. 2832 02:32:38.479 --> 02:32:40.079 Oh my god, dude. 2833 02:32:40.120 --> 02:32:43.440 And that's what's so crazy to me that well, I've 2834 02:32:43.479 --> 02:32:47.719 seen before in other videos that basically these car dealerships 2835 02:32:47.920 --> 02:32:51.000 are about to get sued by whoever's trying to get 2836 02:32:51.000 --> 02:32:53.680 the free car. And I correct me if I'm wrong, 2837 02:32:53.760 --> 02:32:55.639 but the car dealerships just don't want to be sued. 2838 02:32:55.639 --> 02:32:57.120 They don't want any of that kind of shit, so 2839 02:32:57.159 --> 02:32:58.200 then they just give you the car. 2840 02:32:58.559 --> 02:33:01.680 That might be a no, oh no, no, no, they're 2841 02:33:02.479 --> 02:33:06.159 because the thing is is that the dealerships really aren't 2842 02:33:06.200 --> 02:33:08.799 the ones that are really culpable. 2843 02:33:08.879 --> 02:33:09.680 I mean they kind of are. 2844 02:33:09.680 --> 02:33:15.280 They're basically like like unknowing participants in the scam. They 2845 02:33:15.319 --> 02:33:18.040 aren't really the ones that you want to beat over 2846 02:33:18.079 --> 02:33:23.280 the head. It's the financial institution that when they take 2847 02:33:23.360 --> 02:33:26.000 these notes, when you sign the note, they package up 2848 02:33:26.040 --> 02:33:28.319 the note and they put it in the mail registered mail, 2849 02:33:28.840 --> 02:33:31.440 and it gets sent to some bank or credit union. 2850 02:33:32.319 --> 02:33:36.719 That's the entity that's really responsible for all of this 2851 02:33:36.799 --> 02:33:37.879 scam and goofiness. 2852 02:33:37.920 --> 02:33:39.280 The dealerships are. 2853 02:33:39.200 --> 02:33:42.200 Just kind of like roped into it and they don't 2854 02:33:42.239 --> 02:33:44.760 even know what they're doing. But yeah, we'll bang on 2855 02:33:44.799 --> 02:33:47.079 the dealership real hard if we have to, especially if 2856 02:33:47.120 --> 02:33:50.079 they're the one initiating like repossessions or whatnot, right because 2857 02:33:50.079 --> 02:33:52.879 they can't be repossessing the car. Sometimes they do, and 2858 02:33:52.920 --> 02:33:56.360 that just adds additional fuel to the lawsuit because the 2859 02:33:56.399 --> 02:33:59.360 thing is they can't be they can't be repossessing if 2860 02:33:59.360 --> 02:34:02.399 you gave them an note and that note had the 2861 02:34:02.440 --> 02:34:07.840 full value, then the original car is the rea isn't 2862 02:34:07.840 --> 02:34:10.360 Why when you look at twelve USC. Four one two, 2863 02:34:10.479 --> 02:34:15.639 it says application for notes collateral required. The original note 2864 02:34:16.000 --> 02:34:19.280 is the only collateral that's needed on any loan. 2865 02:34:19.639 --> 02:34:20.319 It's not a loan. 2866 02:34:21.200 --> 02:34:24.319 The house does not need to be collateral. The car 2867 02:34:24.440 --> 02:34:27.760 does not need to be collateral, like they add these 2868 02:34:27.840 --> 02:34:32.879 things as collateral fraudulently. The original note is all the 2869 02:34:32.920 --> 02:34:37.680 collateral they need. It's the full collateralization of the entire swamp. 2870 02:34:38.680 --> 02:34:39.319 So when they. 2871 02:34:39.200 --> 02:34:41.920 Say when you give them the note, plus they make 2872 02:34:41.959 --> 02:34:44.719 the car or the house on a mortgage the collateral, 2873 02:34:45.040 --> 02:34:48.399 that's complete bullshit. The original note paid for the whole thing, 2874 02:34:48.479 --> 02:34:50.040 and it's the only collateral needed. 2875 02:34:50.239 --> 02:34:50.879 Twelve USC. 2876 02:34:51.000 --> 02:34:55.079 Four one two clearly says that collateral is required, and 2877 02:34:55.120 --> 02:35:00.159 the original collateral shall be notes, drafts, trade acceptances, the 2878 02:35:00.200 --> 02:35:01.079 bills of exchange. 2879 02:35:01.120 --> 02:35:05.399 They literally tell you right there. So when you look at. 2880 02:35:05.280 --> 02:35:08.000 The agreement when you leave and it says that the 2881 02:35:08.000 --> 02:35:11.440 car is going to be collateral on the loan, that's 2882 02:35:11.760 --> 02:35:12.959 a complete fucking mistake. 2883 02:35:13.000 --> 02:35:14.120 You just crossed that shit out. 2884 02:35:14.280 --> 02:35:14.520 The car. 2885 02:35:14.840 --> 02:35:16.600 The car is not collateral on the loan, and it 2886 02:35:16.639 --> 02:35:19.559 shouldn't be collateral on the loan. The house shouldn't be 2887 02:35:19.639 --> 02:35:22.840 collateral on the mortgage. It's irrelevant. 2888 02:35:23.799 --> 02:35:26.319 You gave them the note. That's it. That's all they need. 2889 02:35:26.360 --> 02:35:28.000 They can go to the window and the thing's fully 2890 02:35:28.040 --> 02:35:28.399 paid for. 2891 02:35:29.319 --> 02:35:32.040 Oh okay, all right, Well you got to. 2892 02:35:31.959 --> 02:35:32.680 Think to yourself. 2893 02:35:32.719 --> 02:35:35.639 You got to think to yourself, wtf happened in nineteen 2894 02:35:35.680 --> 02:35:38.399 seventy one, just like you saw on that graph those graphs, 2895 02:35:39.159 --> 02:35:42.360 so you know, in the sixties and in the early seventies, 2896 02:35:42.360 --> 02:35:45.360 people actually owned shit. Now Here we are in twenty 2897 02:35:45.440 --> 02:35:48.559 twenty five, nobody owns anything, the banks on everything. 2898 02:35:48.959 --> 02:35:51.040 How did it happen so fast? How did it happen 2899 02:35:51.079 --> 02:35:51.879 in fifty years? 2900 02:35:52.319 --> 02:35:54.680 I mean people were still paying property taxes back in 2901 02:35:54.719 --> 02:35:55.319 the fifties. 2902 02:35:56.319 --> 02:35:59.200 Yeah, Well, besides probably taxes, I mean, like I mean, 2903 02:35:59.239 --> 02:36:03.239 like ownership, Like everyone owes on their car. Nobody owns 2904 02:36:03.280 --> 02:36:07.120 their car, nobody owns jack shit. Everyone's on leases, like 2905 02:36:07.520 --> 02:36:09.600 you see the world where it's going, Like you know, 2906 02:36:10.200 --> 02:36:12.360 in the fifties, you pay off your house and like 2907 02:36:12.399 --> 02:36:14.239 you know. But the thing is is that, like you 2908 02:36:14.280 --> 02:36:16.239 don't hear of anybody paying off their house anymore. You 2909 02:36:16.239 --> 02:36:18.520 don't even hear people paying off their car anymore, hardly, 2910 02:36:19.079 --> 02:36:19.840 Oh fuck I do. 2911 02:36:20.719 --> 02:36:22.040 I guess that depends on where you live. 2912 02:36:22.079 --> 02:36:22.239 Though. 2913 02:36:22.280 --> 02:36:23.879 In my area we have a lot of industry and 2914 02:36:23.879 --> 02:36:25.920 people make decent money when they you know, go to 2915 02:36:26.000 --> 02:36:29.520 certain jobs like they do. But it is a rarity. 2916 02:36:29.719 --> 02:36:31.639 You don't hear about it nearly as much as for 2917 02:36:31.719 --> 02:36:34.639 damn sure. But it's also because like no other country 2918 02:36:34.639 --> 02:36:39.399 on earth gives people thirty year fixed rate mortgages like 2919 02:36:39.440 --> 02:36:42.079 that is such an American thing. No bank in their 2920 02:36:42.120 --> 02:36:45.719 right mind would give you a secured thirty year mortgage 2921 02:36:45.760 --> 02:36:49.079 locked in at four percent interests like that. That's crazy 2922 02:36:49.120 --> 02:36:51.280 because who knows what the economics are going to look 2923 02:36:51.280 --> 02:36:54.280 like in thirty years. But that's kind of what happened 2924 02:36:54.319 --> 02:36:55.840 with the whole housing bubble issue. 2925 02:36:56.440 --> 02:36:59.639 Well yeah, but what I'm explaining explains why they do that. 2926 02:37:00.559 --> 02:37:04.079 The original note paid for the whole thing. The whole 2927 02:37:04.079 --> 02:37:07.639 thing was paid upfront immediately. In fact, it was overpaid. 2928 02:37:08.200 --> 02:37:10.239 So if you buy an eight hundred thousand dollars house, 2929 02:37:10.360 --> 02:37:12.920 they actually got like one point two one point three 2930 02:37:13.040 --> 02:37:16.760 one point four million, depending on the interest rate. So 2931 02:37:16.840 --> 02:37:19.280 the thing is that the entire house was fully paid 2932 02:37:19.680 --> 02:37:22.399 lost through a surplus of four or five hundred thousand 2933 02:37:22.479 --> 02:37:28.879 dollars immediately just from processing the note on Fedoire. So 2934 02:37:29.000 --> 02:37:31.479 you say to yourself, oh wow, I can't believe it. 2935 02:37:32.000 --> 02:37:34.680 You should believe it, because they made five hundred grand 2936 02:37:34.680 --> 02:37:38.639 profit after paying for the entire house literally instantly before 2937 02:37:38.639 --> 02:37:40.280 you made a single payment on your mortgage. 2938 02:37:41.280 --> 02:37:46.040 Now, a lot of people I know are really sketchy 2939 02:37:46.239 --> 02:37:50.040 about trying to do this kind of stuff. As far 2940 02:37:50.079 --> 02:37:53.239 as possibly, I'm not saying that you're evading taxes, it's 2941 02:37:53.360 --> 02:37:55.920 kind of like a back doorway of paying them in 2942 02:37:55.959 --> 02:37:56.440 a sense. 2943 02:37:56.879 --> 02:37:59.360 But what most people like to bring up. 2944 02:37:59.319 --> 02:38:01.479 Especially whenever it comes to taxes, you know, it's a 2945 02:38:02.479 --> 02:38:06.200 it's it's al Capone, right, Like, and he went to jail, 2946 02:38:06.319 --> 02:38:08.520 the famous mobster, he goes to Joe because he was 2947 02:38:08.520 --> 02:38:11.719 evading taxes in some kind of way. Do you think 2948 02:38:11.760 --> 02:38:14.920 that they kind of like made him a target to 2949 02:38:15.040 --> 02:38:18.959 try and like maybe scare everybody else into paying their 2950 02:38:19.000 --> 02:38:20.200 taxes In a sense. 2951 02:38:20.319 --> 02:38:22.280 No, because if you go down the whole al Capone thing, 2952 02:38:22.319 --> 02:38:24.319 they were trying to get him for all sorts of shit, 2953 02:38:24.360 --> 02:38:26.959 and they couldn't get him on anything, and they were 2954 02:38:27.000 --> 02:38:29.440 willing to get him on anything. It could have been 2955 02:38:29.520 --> 02:38:32.319 mail fraud because he fucking put a stamp on upside 2956 02:38:32.319 --> 02:38:34.280 down and they would have come. They were just they 2957 02:38:34.319 --> 02:38:37.280 were just trying to just get him in any fucking 2958 02:38:37.319 --> 02:38:40.719 way possible. Yeah, he wound up being a great, a 2959 02:38:40.760 --> 02:38:44.000 great example of a tax situation. But if you if 2960 02:38:44.040 --> 02:38:46.280 you look at his background, they were trying to get 2961 02:38:46.360 --> 02:38:49.719 him on anything and anything anywhere. I mean, he was 2962 02:38:49.879 --> 02:38:53.520 just they just wanted to fucking get that guy any 2963 02:38:53.559 --> 02:38:56.000 fucking way they possibly could, and the tax avenue wound 2964 02:38:56.120 --> 02:38:58.600 up being better avenue than a lot of other things 2965 02:38:58.639 --> 02:38:59.799 that they were trying to do. But you got a 2966 02:38:59.799 --> 02:39:02.879 real Another answer to your question is the fucking IRS 2967 02:39:02.920 --> 02:39:05.280 tells you. I've already shown you that all they need 2968 02:39:05.319 --> 02:39:08.680 is your authorization to settle the account on fedwire. I'm 2969 02:39:08.680 --> 02:39:12.799 not doing if if the IRS says, send us a 2970 02:39:12.920 --> 02:39:16.440 drafted bill and give us authorization to settle the account 2971 02:39:16.479 --> 02:39:20.239 on fedwire, and I do exactly what they asked me 2972 02:39:20.280 --> 02:39:23.120 to do. You saw my letter. It's got almost nothing 2973 02:39:23.120 --> 02:39:25.440 on it. It's just got a thank you, a little 2974 02:39:25.440 --> 02:39:28.440 bit of information, and then a quote of exactly what 2975 02:39:28.479 --> 02:39:31.719 they say to do. I sent it in and I 2976 02:39:31.760 --> 02:39:35.319 haven't heard anything since then. So you know, how can 2977 02:39:35.360 --> 02:39:39.559 I be evading anything if I'm doing literally, exactly, word 2978 02:39:39.600 --> 02:39:42.360 for word, exactly what they're asking me to do. They're 2979 02:39:42.399 --> 02:39:44.239 asking me to send them a bill of exchange or 2980 02:39:44.280 --> 02:39:45.879 registered bilic exchange. 2981 02:39:45.440 --> 02:39:46.079 Which I did. 2982 02:39:46.799 --> 02:39:50.840 They're asking me to authorize them to settle the account, 2983 02:39:51.280 --> 02:39:54.079 which I did do using fedwire, which I did do. 2984 02:39:55.639 --> 02:39:56.799 What else am I supposed to do? 2985 02:39:57.600 --> 02:40:03.239 So, hypothetically speaking, this wasn't the government covering your bill? 2986 02:40:03.399 --> 02:40:05.559 And then they're going to start garnishing your wages to 2987 02:40:05.600 --> 02:40:07.600 make their money back on the back end. That's there's 2988 02:40:07.719 --> 02:40:09.159 not even in the conversation here. 2989 02:40:09.719 --> 02:40:12.399 Well, well, no, I mean I don't even have a 2990 02:40:12.399 --> 02:40:15.639 personal bank account. I have all private trusts all over 2991 02:40:15.639 --> 02:40:18.280 the planet, and I even have my own private nation, 2992 02:40:18.520 --> 02:40:20.600 and I even have trusts that were born out of 2993 02:40:20.639 --> 02:40:23.879 my own private nation that aren't even in like the 2994 02:40:24.360 --> 02:40:28.239 corporate international sphere at all. It's actually like completely outside 2995 02:40:28.239 --> 02:40:31.799 of even the international law. So that's a whole nother 2996 02:40:32.000 --> 02:40:36.479 I mean, my bank accounts, you can't even you if 2997 02:40:36.520 --> 02:40:38.360 you had all the money in the world, and you had, 2998 02:40:38.440 --> 02:40:40.559 you know, fifteen hundred attorneys and you were paying every 2999 02:40:40.559 --> 02:40:42.879 single one of them two thousand dollars an hour, You're 3000 02:40:42.920 --> 02:40:44.319 never going to get a penny out of me in 3001 02:40:44.440 --> 02:40:47.879 twenty five years of work, gotcha. 3002 02:40:48.079 --> 02:40:50.120 But if you didn't have all your money and trust 3003 02:40:50.600 --> 02:40:54.399 like that, they would probably try to come garnish your wages. 3004 02:40:54.399 --> 02:40:54.760 I think that. 3005 02:40:54.840 --> 02:40:55.520 I don't think so. 3006 02:40:55.719 --> 02:40:55.760 No. 3007 02:40:56.000 --> 02:40:57.959 If I had a personal account, which is actually just 3008 02:40:58.040 --> 02:41:01.399 a business account on behalf of the sole proprietorship, I 3009 02:41:01.600 --> 02:41:04.840 still would recommend that you follow the instructions of what 3010 02:41:04.879 --> 02:41:06.319 the IRIS is asking you. 3011 02:41:06.280 --> 02:41:07.280 To do the iris. 3012 02:41:07.799 --> 02:41:11.120 When you send in federal Reserve notes, you're sending in 3013 02:41:11.200 --> 02:41:15.159 a negotiable instrument to settle the account if you send 3014 02:41:15.200 --> 02:41:17.719 in the original bill, if they sent you, which is 3015 02:41:17.760 --> 02:41:20.799 a negotiable instrument, and you authorize them to settle the 3016 02:41:20.840 --> 02:41:24.520 account using that negotiable instrument that they sent you, and 3017 02:41:24.559 --> 02:41:26.479 you endorse it correctly to make sure that they can 3018 02:41:26.520 --> 02:41:30.000 actually utilize it, excuse me, And you authorize them to 3019 02:41:30.079 --> 02:41:32.840 settle the account using a bill of exchange or registered 3020 02:41:32.840 --> 02:41:36.799 bill of exchange on fedwire. It's the same exact thing 3021 02:41:36.920 --> 02:41:39.079 as sending in Federal Reserve notes. 3022 02:41:39.120 --> 02:41:39.959 It's the same thing. 3023 02:41:41.680 --> 02:41:44.600 I mean, it seems like a fairly simple process if 3024 02:41:44.680 --> 02:41:48.120 you're just following what you've been showing today. 3025 02:41:48.559 --> 02:41:52.079 So people are running around and they're creating all of 3026 02:41:52.120 --> 02:41:54.920 these processes, and it's like you ask them, like, where 3027 02:41:54.920 --> 02:41:57.559 did you get these processes from? For example, one of 3028 02:41:57.600 --> 02:41:59.840 the most popular processes, you're going to find out there 3029 02:41:59.879 --> 02:42:04.120 is one called a four V accepted for value. And 3030 02:42:04.200 --> 02:42:06.360 I tried that shit, and I did that shit. And 3031 02:42:06.399 --> 02:42:10.120 there's like whole books on this whole accepted for value thing, right, 3032 02:42:10.479 --> 02:42:12.799 and they write all this weird shit on the front 3033 02:42:12.799 --> 02:42:15.399 that look kind of like endorsements, right, but when you 3034 02:42:15.440 --> 02:42:19.479 read U sec three, none of that shit's in UCEC three. 3035 02:42:19.559 --> 02:42:22.639 So it's like this weird, horrible. 3036 02:42:22.239 --> 02:42:25.000 Misunderstanding, Like, yes, you're writing things in the face of 3037 02:42:25.000 --> 02:42:25.520 the instrument. 3038 02:42:25.559 --> 02:42:27.280 It's the same thing, but they're. 3039 02:42:27.079 --> 02:42:29.600 Writing all this weird shit, and they're writing like social 3040 02:42:29.639 --> 02:42:32.120 Security numbers, and they're doing all this stuff that the 3041 02:42:32.239 --> 02:42:36.879 terminology accepted for value is actually found in UCC article three, 3042 02:42:37.239 --> 02:42:40.319 And it's actually just basically like like if you have 3043 02:42:40.360 --> 02:42:43.680 an instrument and you accept the entire value of the instrument, 3044 02:42:43.760 --> 02:42:47.600 rather than like two people accepting part of the instrument, 3045 02:42:48.600 --> 02:42:51.879 like two people can accept like fifty percent and fifty percent, 3046 02:42:52.280 --> 02:42:54.159 it wouldn't be accepted for value. It's like a whole 3047 02:42:54.200 --> 02:42:56.959 different thing. It's like an advanced banking thing that no 3048 02:42:56.959 --> 02:43:00.760 one's ever going to use. Someone saw that and UCC 3049 02:43:00.799 --> 02:43:03.959 three and ran off with it and created this like 3050 02:43:04.600 --> 02:43:10.440 completely insane thing that has like nothing to do with anything. Yeah, 3051 02:43:10.520 --> 02:43:14.959 whereas UCC three literally tells you there's a fucking blank endorsement, 3052 02:43:15.200 --> 02:43:18.399 there's a fucking special endorsement. Like everything I've been teaching 3053 02:43:18.399 --> 02:43:20.079 you guys on the show. If I do another screen 3054 02:43:20.159 --> 02:43:22.639 share I can literally show you if we go to 3055 02:43:22.719 --> 02:43:26.600 UCC three and I can show you all of the 3056 02:43:26.760 --> 02:43:30.360 original places where these things are talked about. So UCC three, 3057 02:43:30.360 --> 02:43:33.680 it starts with general provisions and definitions. Then it moves 3058 02:43:33.680 --> 02:43:40.000 into negotiation, transfer and endorsement. Oh three dash two five? 3059 02:43:40.079 --> 02:43:44.479 What's it called? Special endorsement? Blank endorsement and another kind 3060 02:43:44.479 --> 02:43:46.239 of endorsement that I never talk about because I don't 3061 02:43:46.280 --> 02:43:49.319 think anyone's ever going to use it. 3062 02:43:49.319 --> 02:43:50.639 It's literally right here. 3063 02:43:51.479 --> 02:43:56.399 The Sovereign Citizen grouping loves the A four V and 3064 02:43:56.479 --> 02:43:59.920 a lot of them have gotten arrested for income tax 3065 02:44:00.079 --> 02:44:03.479 asion trying to play that game. It's it's like you said, 3066 02:44:03.520 --> 02:44:06.200 as somebody found it, wrote a couple of books about it, 3067 02:44:06.280 --> 02:44:09.440 sold it to some people, and it's not working well 3068 02:44:09.479 --> 02:44:09.959 for people. 3069 02:44:11.120 --> 02:44:11.399 Yeah. 3070 02:44:11.520 --> 02:44:13.959 So the thing is is that why would you go 3071 02:44:14.319 --> 02:44:19.399 and manufacture this whole big, crazy thing when if you 3072 02:44:19.440 --> 02:44:21.719 want to see what a restrictive endorsement is, you just 3073 02:44:21.760 --> 02:44:23.719 go to three dash two oh six and it tells 3074 02:44:23.760 --> 02:44:25.959 you exactly what a restrictive endorse It's a different type 3075 02:44:25.959 --> 02:44:29.959 of endorsement. It's also one that you're really not going 3076 02:44:30.040 --> 02:44:32.559 to necessarily use. This one's a little bit more applicable. 3077 02:44:32.559 --> 02:44:34.719 But I don't talk about it because it's just not 3078 02:44:35.000 --> 02:44:38.280 for what we need. All we need is the special endorsement, 3079 02:44:38.559 --> 02:44:42.719 the blank endorsement, and the qualified endorsement, right and you 3080 02:44:42.760 --> 02:44:45.159 know three dash two O four endorsement. Here's all the 3081 02:44:45.200 --> 02:44:49.920 information about endorsements right here. So what I did was 3082 02:44:50.040 --> 02:44:54.159 I stopped listening to everybody else, and I buckled down 3083 02:44:55.840 --> 02:44:59.120 and I read you see see article three, all six parts, 3084 02:45:00.040 --> 02:45:03.959 over and over and over and over, slowly clearing up 3085 02:45:04.040 --> 02:45:06.920 all of the misunderstood words in a legal dictionary and 3086 02:45:06.920 --> 02:45:09.959 looking up the court cases associated with them, and then 3087 02:45:10.079 --> 02:45:12.719 reading all of it again, and then looking up more 3088 02:45:12.760 --> 02:45:15.159 court cases, and then reading it all again, and then 3089 02:45:15.159 --> 02:45:17.159 clearing up all the words of the definitions, and then 3090 02:45:17.239 --> 02:45:20.360 reading it again, and then looking up more definitions, and 3091 02:45:20.360 --> 02:45:23.000 then reading it again, and then looking up more court cases. 3092 02:45:23.000 --> 02:45:27.319 And it's honestly still continuing even to this day. The 3093 02:45:27.440 --> 02:45:29.719 quote I just got sent this quote the other day. 3094 02:45:29.719 --> 02:45:32.280 It's a fantastic quote. I put it on my case 3095 02:45:32.360 --> 02:45:34.120 law page. I'm going to use it in some of 3096 02:45:34.120 --> 02:45:34.719 my cases. 3097 02:45:34.879 --> 02:45:35.079 Right. 3098 02:45:35.799 --> 02:45:37.559 We have a whole section on the signatures. We have 3099 02:45:37.799 --> 02:45:40.600 a section on fictitious payees, which is one of the 3100 02:45:40.639 --> 02:45:44.559 ways that they can dishonor the instrument. We have alterations. 3101 02:45:44.639 --> 02:45:48.600 There's a whole rules list on you know, alterations of instruments. 3102 02:45:48.680 --> 02:45:48.840 Right. 3103 02:45:49.200 --> 02:45:51.760 One of the coolest things that you can learn about 3104 02:45:51.799 --> 02:45:55.399 negotiable instruments is three to one one four. If an 3105 02:45:55.399 --> 02:46:00.319 instrument contains contradictory terms, type written terms prevail over printed terms. 3106 02:46:00.719 --> 02:46:05.079 Hand written terms prevail over both. So if you receive 3107 02:46:05.120 --> 02:46:07.879 a bill and you just start marking it up with pen, 3108 02:46:08.840 --> 02:46:11.040 you can write whatever the fuck you want on it. 3109 02:46:11.360 --> 02:46:16.079 Handwritten terms prevail over everything. So when you're the holder 3110 02:46:16.120 --> 02:46:17.760 and you have a pen in your hand, you're the 3111 02:46:17.799 --> 02:46:21.200 god of the negotiable instrument. You really are the god 3112 02:46:21.280 --> 02:46:22.319 of the negotiable instrument. 3113 02:46:22.319 --> 02:46:22.680 And when you. 3114 02:46:22.639 --> 02:46:24.920 Realize how much power you have as the holder with 3115 02:46:25.000 --> 02:46:28.079 a pen, it's fucking unbelievable. 3116 02:46:28.479 --> 02:46:32.479 You can change the fucking do date of a dollar. 3117 02:46:32.239 --> 02:46:33.760 Bill is a negotiable instrument? 3118 02:46:33.799 --> 02:46:34.159 Correct? 3119 02:46:34.399 --> 02:46:36.520 Yes, So I could take a one dollar bill with 3120 02:46:36.600 --> 02:46:38.920 a sharpie and turn that into a one hundred dollars bill, 3121 02:46:39.079 --> 02:46:41.840 and that's legally supposed to be accepted. 3122 02:46:42.360 --> 02:46:46.159 I mean, I have never seen anyone do that. I've 3123 02:46:46.200 --> 02:46:50.959 had people bring that up that would be a very 3124 02:46:51.079 --> 02:46:54.120 very interesting thing to try to do and then get 3125 02:46:54.159 --> 02:46:56.159 that through a court, because the thing is is that 3126 02:46:56.719 --> 02:46:58.879 the way you would win a case like that is 3127 02:46:58.920 --> 02:47:01.840 you would just say one or one hundred of what, 3128 02:47:03.440 --> 02:47:07.600 and they can't answer that question. So because after nineteen 3129 02:47:07.639 --> 02:47:10.520 seventy one, the dollars aren't connected to gold anymore, so 3130 02:47:10.600 --> 02:47:14.920 you say one or one hundred of what, there is 3131 02:47:14.959 --> 02:47:19.760 no answer. So you could do that, You're gonna you're 3132 02:47:19.760 --> 02:47:21.559 gonna have a hell of a fucking uphill battle in 3133 02:47:21.600 --> 02:47:25.040 the courts. But you could technically, as far as I 3134 02:47:25.120 --> 02:47:27.399 know from all the research I've done, yes, you could 3135 02:47:27.440 --> 02:47:28.799 technically do that. 3136 02:47:28.799 --> 02:47:31.040 That was an example. I'm pretty sure at that point 3137 02:47:31.079 --> 02:47:33.559 you would get into counterfeit laws, and that is very 3138 02:47:33.639 --> 02:47:35.040 much against the law. So it's a. 3139 02:47:35.000 --> 02:47:38.040 No no because if you start getting into counterfeiting and 3140 02:47:38.079 --> 02:47:39.799 some like that, you start getting into they use the 3141 02:47:39.799 --> 02:47:40.680 word deface. 3142 02:47:41.319 --> 02:47:41.879 Deface. 3143 02:47:42.680 --> 02:47:47.200 Deface basically means eliminate the negotiability of if you write 3144 02:47:47.360 --> 02:47:50.600 one zero zero or two zero's after the one, you 3145 02:47:50.639 --> 02:47:52.639 aren't actually defacing the instrument. 3146 02:47:52.879 --> 02:47:55.639 So technically, anyways. 3147 02:47:56.520 --> 02:47:59.200 What they classify as defacing, right, I mean, I've no 3148 02:47:59.440 --> 02:48:03.600 defacing has an actual most things have like very very 3149 02:48:03.639 --> 02:48:05.680 specific definitions with a lot of the stuff. 3150 02:48:06.319 --> 02:48:09.040 Like if we go back to section one and we 3151 02:48:09.120 --> 02:48:12.159 go to three tosh one oh three, these are just 3152 02:48:12.319 --> 02:48:15.159 definitions for the article, and you can go down you 3153 02:48:15.200 --> 02:48:19.520 can see consumer transaction, consumer account accept or draw ed, 3154 02:48:19.760 --> 02:48:26.399 draw er maker order, ordinary care party, principal obligor promise, 3155 02:48:26.879 --> 02:48:36.159 prove remitter, remote created consumer items, secondary obligor acceptance, accommodated party, accommodation, party, 3156 02:48:36.200 --> 02:48:42.559 account alteration, amalmus endorsement, blank endorsement, cashier's check, certificated deposit, 3157 02:48:42.680 --> 02:48:47.159 certified check, And you can see all these definitions. They 3158 02:48:47.159 --> 02:48:51.319 have definitions for everything, and that's what took me so long, 3159 02:48:51.440 --> 02:48:54.200 because you have to understand it's basically like an entirely 3160 02:48:54.200 --> 02:48:57.479 different language essentially, is what we're learning here, right, So, 3161 02:48:57.680 --> 02:48:59.360 like the way I look at all this stuff is 3162 02:48:59.399 --> 02:49:00.520 I'm just learning French. 3163 02:49:00.760 --> 02:49:01.959 That's it. It's that simple. 3164 02:49:02.000 --> 02:49:05.440 I'm learning French or Portuguese or whatever, and that's really 3165 02:49:05.479 --> 02:49:07.680 all it is. I'm just learning a different language. It's 3166 02:49:07.719 --> 02:49:10.360 just that simple. And when I learned the language, I 3167 02:49:10.399 --> 02:49:11.280 get infinite money. 3168 02:49:12.040 --> 02:49:12.719 It's that simple. 3169 02:49:13.920 --> 02:49:17.920 Yeah, you're just taking symbols and seeing what they mean. 3170 02:49:18.159 --> 02:49:22.719 According to them and using it in your favor because 3171 02:49:22.760 --> 02:49:26.159 they've been doing that to everybody else since at least 3172 02:49:26.200 --> 02:49:27.000 nineteen thirty three. 3173 02:49:27.920 --> 02:49:30.200 Yeah, and then, and then eventually, after I did the 3174 02:49:30.239 --> 02:49:33.280 six part series, the Journey into UCC three series, I 3175 02:49:33.360 --> 02:49:34.920 still didn't understand it well. 3176 02:49:34.879 --> 02:49:36.680 Enough to do this flow chart. 3177 02:49:36.719 --> 02:49:40.319 This flow chart didn't come out until like November or December, 3178 02:49:40.360 --> 02:49:41.760 and the course was in August. 3179 02:49:42.840 --> 02:49:43.959 So after doing the six. 3180 02:49:43.840 --> 02:49:46.680 Part series, I was still continuing to study and look 3181 02:49:46.719 --> 02:49:48.920 at court cases and all this stuff. And then finally 3182 02:49:48.920 --> 02:49:51.600 in November or December, I felt like I had a 3183 02:49:51.600 --> 02:49:55.120 good enough understanding of all the information from a visual 3184 02:49:55.200 --> 02:49:59.040 standpoint to start building out this flow chart. And then 3185 02:49:59.079 --> 02:50:02.319 that's and then I put all the definitions that apply 3186 02:50:02.559 --> 02:50:05.799 in the flowchart on either side in the red boxes. 3187 02:50:06.639 --> 02:50:08.319 So all you need to do when you're looking at 3188 02:50:08.319 --> 02:50:11.719 the flow chart is just plug in whatever definition of 3189 02:50:11.760 --> 02:50:14.920 whatever word that you're not understanding, literally from just the 3190 02:50:14.920 --> 02:50:16.600 red boxes on the side of the float chart, and 3191 02:50:16.639 --> 02:50:19.559 you've got it. Now, you still have to read you 3192 02:50:19.600 --> 02:50:22.559 see see article three over and over and over and 3193 02:50:22.639 --> 02:50:26.319 over and over to understand the flowchart really really well. 3194 02:50:26.879 --> 02:50:30.479 But the six part video series, I'm literally wearing like 3195 02:50:30.799 --> 02:50:34.319 silly outfits. In one of the videos, I'm wearing like 3196 02:50:34.360 --> 02:50:37.719 an old like English outfit with like a frilly thing, 3197 02:50:38.360 --> 02:50:41.159 and in another video, I'm wearing my boy at MANKINI 3198 02:50:41.200 --> 02:50:43.559 I don't stand up obviously because I'd get banned off 3199 02:50:43.559 --> 02:50:44.479 of YouTube immediately. 3200 02:50:44.840 --> 02:50:47.559 But I'm wearing all these like silly outfits. 3201 02:50:47.600 --> 02:50:50.239 And there's like parts where I get like irritated and 3202 02:50:50.280 --> 02:50:52.840 I start screaming for whatever reason. Then there's parts where 3203 02:50:52.840 --> 02:50:56.280 I'm like singing and this is like totally fucking crazy, right, 3204 02:50:56.319 --> 02:50:59.600 But there's six videos where we go into the six 3205 02:50:59.639 --> 02:51:04.479 different subs chapter parts of UCC article three, and then 3206 02:51:04.639 --> 02:51:08.360 later at the end of the course, I create this 3207 02:51:08.440 --> 02:51:11.120 flow chart and then there's a whole video of me 3208 02:51:11.280 --> 02:51:12.479 breaking down. 3209 02:51:12.680 --> 02:51:14.920 This whole flow chart basically, right. 3210 02:51:15.559 --> 02:51:18.200 So, like, if you want the easiest route to understand 3211 02:51:18.200 --> 02:51:21.559 this shit, you watch my six part series a Journey 3212 02:51:21.559 --> 02:51:25.079 into UCC three, then watch the flow chart video, which 3213 02:51:25.120 --> 02:51:27.719 is post course video number one. Then go back to 3214 02:51:27.760 --> 02:51:30.680 the beginning and watch the six part series again, then 3215 02:51:30.760 --> 02:51:33.559 watch the flow chart video again. Then go and read 3216 02:51:33.879 --> 02:51:41.719 UCC three yourself. Then go to Google scholar and go 3217 02:51:41.799 --> 02:51:44.760 to case law right here case law and type in 3218 02:51:44.920 --> 02:51:53.000 like negotiable instruments, and start reading some cases involving negotiable instruments, 3219 02:51:53.159 --> 02:52:01.879 or type in unconditional order to pay or bill of 3220 02:52:01.920 --> 02:52:08.239 exchange and start reading various cases involving bills of exchange 3221 02:52:08.319 --> 02:52:12.280 or whatever. Or type in the word endorsement and start 3222 02:52:12.319 --> 02:52:15.239 looking at cases where they're talking about an endorsement. You'll 3223 02:52:15.239 --> 02:52:19.280 see there are pretty much all banking cases banking banking, banking, right, 3224 02:52:20.239 --> 02:52:23.159 so a check bearing a forged instrument, including now talking 3225 02:52:23.159 --> 02:52:26.479 about the UCC. Here you can see it's one dash 3226 02:52:26.520 --> 02:52:29.479 two oh one. This is the UCC. So we can 3227 02:52:29.520 --> 02:52:32.639 go in here and we can read this case Parini Corp. 3228 02:52:32.799 --> 02:52:36.639 Versus First National Bank of Habersham County. This comes from 3229 02:52:37.239 --> 02:52:39.840 the Court of Appeals, Fifth Circuit from nineteen seventy seven. 3230 02:52:39.879 --> 02:52:41.159 We can go through here and we can use a 3231 02:52:41.159 --> 02:52:44.639 fine feature type in endorsement and go down and you 3232 02:52:44.639 --> 02:52:50.120 can see there's like eight million spots forged endorsements, forged checks. 3233 02:52:51.600 --> 02:52:53.760 So now you're going to start building out case law 3234 02:52:53.799 --> 02:52:55.479 and you're going to start reading these cases. And now 3235 02:52:55.479 --> 02:52:57.559 you're going to start building your case. This is how 3236 02:52:57.600 --> 02:53:01.159 you build your case for your litigation. And you say, 3237 02:53:01.479 --> 02:53:03.600 people always say whenever I start getting into this, Oh 3238 02:53:03.639 --> 02:53:05.079 my god, I don't have time for this, and blah 3239 02:53:05.079 --> 02:53:08.639 blah blah. Well, you know, they're stealing your shit every 3240 02:53:08.639 --> 02:53:11.040 single fucking day. They're stealing the shit of all your 3241 02:53:11.040 --> 02:53:13.319 friends and all your families. They've been fleecing you since 3242 02:53:13.319 --> 02:53:14.920 the day you were fucking born. You don't own a 3243 02:53:14.959 --> 02:53:18.639 goddamn thing. You can get infinite money from this. It's 3244 02:53:18.639 --> 02:53:23.719 not gonna happen overnight. It's super fucking freeing Emotionally, it's 3245 02:53:23.760 --> 02:53:26.399 fucking awesome. You're gonna feel like such a fucking badass. 3246 02:53:26.399 --> 02:53:30.159 It's gonna rekindle all the empowerment you have, all the 3247 02:53:30.280 --> 02:53:33.280 power in a fucking signature. You never knew you had 3248 02:53:33.319 --> 02:53:36.040 any of this fucking power. You thought you these banks 3249 02:53:36.040 --> 02:53:40.719 for these big, huge, fucking you know, unconfrontable golias that 3250 02:53:40.760 --> 02:53:42.879 you could never, you know, hope to do anything with. 3251 02:53:43.079 --> 02:53:44.959 You go in and you try to suck someone off 3252 02:53:44.959 --> 02:53:48.000 for a fucking loan when you're the fucking one with 3253 02:53:48.159 --> 02:53:50.959 the goddamn value that puts the fucking endorsement on the 3254 02:53:51.000 --> 02:53:54.280 goddamn thing to begin with. They're fucking scam artists, and 3255 02:53:54.319 --> 02:53:56.639 they swap the goddamn thing at the fucking Federal Reserve 3256 02:53:56.680 --> 02:53:57.600 window and you're going in. 3257 02:53:57.559 --> 02:53:59.920 Trying to suck them off like a fucking circus seal. 3258 02:54:00.280 --> 02:54:04.520 Are you kidding me? What the fuck? It's ridiculous. 3259 02:54:05.479 --> 02:54:08.360 You're the one with the credit, Your signature creates the 3260 02:54:08.479 --> 02:54:12.079 value for the promissory note that they basically get you 3261 02:54:12.159 --> 02:54:14.360 to unknowingly give them for free. 3262 02:54:15.479 --> 02:54:20.159 It's fucking insane. I get it that it takes time. 3263 02:54:20.239 --> 02:54:23.000 I get it that it's worked, but like, what the fuck, bro, Like, 3264 02:54:23.040 --> 02:54:25.639 this country is gonna be gone if we don't fucking 3265 02:54:25.719 --> 02:54:30.200 do something about this. It's gonna be gone. So, yes, 3266 02:54:30.280 --> 02:54:34.479 it's work, Yes it's this. Yes, it's that. If you're 3267 02:54:34.520 --> 02:54:37.520 tired of getting fucked and you'd like to have infinite money, 3268 02:54:37.559 --> 02:54:40.079 and you'd like to know and what it feels like 3269 02:54:40.120 --> 02:54:43.959 to feel super super empowered by understanding that you're the 3270 02:54:44.000 --> 02:54:46.719 one that creates all the value for all of these 3271 02:54:46.799 --> 02:54:49.719 various systems. And when you realize that, you realize that 3272 02:54:49.799 --> 02:54:52.200 you're the one calling the shots, and you're the one 3273 02:54:52.200 --> 02:54:54.440 who can fucking sue them, and they're the ones who 3274 02:54:54.479 --> 02:54:55.760 are gonna be fucked, not you. 3275 02:54:56.760 --> 02:54:58.760 But that's why you create your own nation, right because 3276 02:54:58.760 --> 02:55:00.719 this country is gonna go by the wayside if we 3277 02:55:00.760 --> 02:55:04.079 can even acknowledge that this country exists, right, you have 3278 02:55:04.159 --> 02:55:05.399 your own nation, so you're chilling. 3279 02:55:06.159 --> 02:55:09.879 Well, no, because the thing is is that you know, legally, yes, 3280 02:55:10.639 --> 02:55:13.239 but if if, if there's riots on the streets and 3281 02:55:13.280 --> 02:55:17.040 the fucking everything collapses and everything goes as shit, the 3282 02:55:17.120 --> 02:55:19.639 legal system collapses, my nation doesn't help me at all. 3283 02:55:20.559 --> 02:55:22.879 M I'm with you. 3284 02:55:24.440 --> 02:55:27.040 My nation is only useful in a in a legal 3285 02:55:27.239 --> 02:55:32.200 or international law or domestic law application. Outside of that, 3286 02:55:32.360 --> 02:55:36.280 it's it's it's pointless, it's it has no it has 3287 02:55:36.360 --> 02:55:38.200 no anything really at all. 3288 02:55:39.920 --> 02:55:43.000 This might be well, I was gonna say, this might 3289 02:55:43.079 --> 02:55:47.280 be a silly question, but just for the sake of 3290 02:55:47.399 --> 02:55:51.360 shits and gigs, have you ever thought about actually changing 3291 02:55:51.399 --> 02:55:56.360 your name legally to one middle name, stupid last name? 3292 02:55:56.479 --> 02:55:56.760 Fuck? 3293 02:55:57.639 --> 02:55:57.719 No? 3294 02:55:57.879 --> 02:55:59.799 But what I what I have done, and I've told 3295 02:55:59.840 --> 02:56:02.840 a lot of my audience the funniest shit you can 3296 02:56:02.879 --> 02:56:05.760 do in the whole fucking world, And I think like 3297 02:56:05.959 --> 02:56:08.319 one guy tried it and the judge wouldn't let him 3298 02:56:08.319 --> 02:56:13.840 do it is change your name legally to without recourse. Oh, 3299 02:56:15.159 --> 02:56:17.600 if you legally change your name to without recourse, you're 3300 02:56:17.639 --> 02:56:19.440 never gonna have to pay a bill ever again. And 3301 02:56:19.479 --> 02:56:24.639 if you have kids, name your kids without recourse, like, 3302 02:56:24.719 --> 02:56:27.399 don't even let them know, just like on the legal document, 3303 02:56:27.559 --> 02:56:29.840 just put like first name is without last name is 3304 02:56:29.879 --> 02:56:33.079 recourse and walk out with a fucking birth certificate if you. 3305 02:56:33.159 --> 02:56:34.760 I mean, most people who watch my shit don't want 3306 02:56:34.760 --> 02:56:36.440 to get a bertificate. But if you, if you do 3307 02:56:36.520 --> 02:56:39.680 get a birth certificate, name your kid without recourse legally 3308 02:56:40.120 --> 02:56:42.399 and then leave and just name him Jim, and just 3309 02:56:42.399 --> 02:56:45.079 just never let Jim know that you actually legally name 3310 02:56:45.200 --> 02:56:46.200 Jim without recourse. 3311 02:56:46.479 --> 02:56:49.159 Don't do that, because then there'll be a whole corporation 3312 02:56:49.280 --> 02:56:52.280 within the government named without recourse, and that'll open up 3313 02:56:52.319 --> 02:56:53.280 a whole other level. 3314 02:56:53.319 --> 02:56:55.040 No, that's okay, that's okay, because the. 3315 02:56:55.040 --> 02:56:57.159 Thing is that if you name your kid without recourse, 3316 02:56:57.200 --> 02:57:00.000 then whenever he signs his name, he's endorsing without recourse. 3317 02:57:00.719 --> 02:57:02.799 So literally he would never ever have to pay a 3318 02:57:02.799 --> 02:57:04.799 bill for as long as he lives. It would be 3319 02:57:04.840 --> 02:57:08.440 physically impossible to make that child ever pay a bill. Ever, 3320 02:57:08.600 --> 02:57:12.840 every bill would be self discharged. It's fucking hilarious. There's 3321 02:57:12.879 --> 02:57:14.920 a lot of really goofy things you can do when 3322 02:57:14.920 --> 02:57:17.479 you start to understand all this shit, right. I think 3323 02:57:17.520 --> 02:57:19.840 we had one guy who filed because I did file 3324 02:57:20.079 --> 02:57:22.799 a legal name change. I had my name legally changed 3325 02:57:22.840 --> 02:57:25.399 from all caps Brandon Joe Williams to upper and lower 3326 02:57:25.440 --> 02:57:26.360 case Brandon jo Williams. 3327 02:57:26.440 --> 02:57:27.399 Is literally a public case. 3328 02:57:27.399 --> 02:57:29.360 You can look it up in the Superior Court of 3329 02:57:29.360 --> 02:57:30.120 Los Angeles. 3330 02:57:30.000 --> 02:57:31.040 It's a public case. 3331 02:57:31.040 --> 02:57:33.040 I even have a link to it on my Williams 3332 02:57:33.079 --> 02:57:35.079 and Williams Law firm dot com website. There's linked to 3333 02:57:35.319 --> 02:57:37.600 go to the Treilis case to look at it for yourself. 3334 02:57:38.840 --> 02:57:40.319 There's a lot of things that I've done. I've filed 3335 02:57:40.319 --> 02:57:44.399 the UCC one financing statements, I've done the name change process. 3336 02:57:44.680 --> 02:57:48.399 I also did a federal registered trademark on my name 3337 02:57:48.440 --> 02:57:49.440 in all capital letters. 3338 02:57:49.600 --> 02:57:51.040 And you ask, like, what the fuck's that for. 3339 02:57:51.959 --> 02:57:59.520 Well, the credit reporting agencies make money by selling credit reports, 3340 02:58:00.200 --> 02:58:04.600 and that name is basically a trade name. So when 3341 02:58:04.639 --> 02:58:08.319 you do a FED federally registered trademark through the USTPO, 3342 02:58:10.680 --> 02:58:13.319 then what happens is now they can't put any negative 3343 02:58:13.360 --> 02:58:15.120 items on your credit and if they do, it's like 3344 02:58:15.200 --> 02:58:18.120 fifty thousand dollars that you can sue them in a 3345 02:58:18.159 --> 02:58:20.680 civil court in a federal court every single time they 3346 02:58:20.719 --> 02:58:24.760 do it. So that's another way you can get infinite money. 3347 02:58:24.799 --> 02:58:29.079 As you do a federally registered trademark sue them. Part 3348 02:58:29.120 --> 02:58:32.319 of the relief section of the civil lawsuit is going 3349 02:58:32.399 --> 02:58:34.840 to be like, hey, I have a registered trademark on 3350 02:58:34.920 --> 02:58:37.520 this name. From now on, if you guys want to 3351 02:58:37.559 --> 02:58:40.120 put anything on this credit report, you need to call 3352 02:58:40.159 --> 02:58:43.719 me and get my approval as the trademark holder on 3353 02:58:43.760 --> 02:58:47.600 this Otherwise, every single time you do it, I'm getting 3354 02:58:47.639 --> 02:58:51.159 fifty grand. And you can actually ask the judge for 3355 02:58:51.239 --> 02:58:54.360 an injunction. You can actually get a permanent injunction from 3356 02:58:54.360 --> 02:58:56.840 a judge. And then at that point, now you can 3357 02:58:56.840 --> 02:58:59.079 go out and get all these credit cards, all these loans, 3358 02:58:59.120 --> 02:59:02.200 never pay them and they can never report it, so 3359 02:59:02.239 --> 02:59:03.600 your credit score never goes down. 3360 02:59:03.639 --> 02:59:04.600 So you just keep. 3361 02:59:04.399 --> 02:59:07.399 Getting more and more and more and more credit forever 3362 02:59:07.559 --> 02:59:08.680 and no one can stop you. 3363 02:59:10.600 --> 02:59:11.639 And there's other ways too. 3364 02:59:11.680 --> 02:59:13.479 I've only given you guys a couple of ways, like 3365 02:59:13.559 --> 02:59:16.200 five or six different ways that you can pull this 3366 02:59:16.239 --> 02:59:19.719 shit off, right, And so what we're doing is we're 3367 02:59:19.760 --> 02:59:22.120 trying to figure all this out. We're trying to test things, 3368 02:59:22.120 --> 02:59:25.040 and then we're trying to push these things through and 3369 02:59:25.520 --> 02:59:27.600 actually make these things a reality. And that's a lot 3370 02:59:27.639 --> 02:59:30.040 of what we're doing in a lot of our lawsuits 3371 02:59:30.040 --> 02:59:32.440 and a lot of our test groups and just all 3372 02:59:32.479 --> 02:59:32.799 sorts of. 3373 02:59:32.799 --> 02:59:33.760 Different things that we have. 3374 02:59:34.760 --> 02:59:37.799 And I mean, there's just so much of this happening 3375 02:59:37.840 --> 02:59:39.479 and there's so many people doing it that it's going 3376 02:59:39.559 --> 02:59:40.719 to crack at some point. 3377 02:59:41.040 --> 02:59:43.600 The problem is the courts are very very slow. 3378 02:59:44.559 --> 02:59:47.000 And I actually, as I've learned more and more and 3379 02:59:47.040 --> 02:59:49.440 more about the system and the way our society works 3380 02:59:49.440 --> 02:59:54.120 and everything else, it's actually a really good thing. The 3381 02:59:54.159 --> 02:59:54.920 courts are. 3382 02:59:54.760 --> 03:00:00.239 Really really really slow. Like people get arrest. 3383 03:00:00.360 --> 03:00:01.719 And then they get out on bail and then they 3384 03:00:01.719 --> 03:00:04.239 don't even have like a fucking trial for like two 3385 03:00:04.360 --> 03:00:06.360 or three years and shit like all that kind of stuff. 3386 03:00:06.719 --> 03:00:07.639 That's pretty normal. 3387 03:00:08.920 --> 03:00:14.000 That's like kind of the ways it sort of it's 3388 03:00:14.040 --> 03:00:17.760 supposed to be in certain areas certain areas, no certain areas, yes, 3389 03:00:18.120 --> 03:00:20.360 because you also have like the right to a speed trial. 3390 03:00:21.000 --> 03:00:23.440 I think that's more applicable for like criminal situations, but 3391 03:00:23.520 --> 03:00:26.200 like civil stuff and all that, it's really slow for 3392 03:00:26.239 --> 03:00:31.760 a reason. You know, I actually don't hate it. I 3393 03:00:31.799 --> 03:00:34.399 don't hate how slow it is. But it is fucking slow. 3394 03:00:34.680 --> 03:00:37.520 So the idea of everything I'm explaining to you and 3395 03:00:37.520 --> 03:00:41.079 everything I'm talking about, you got to realize. I filed 3396 03:00:41.120 --> 03:00:45.399 my very very first civil lawsuit in January of twenty 3397 03:00:45.479 --> 03:00:49.079 twenty four. It was all fucked up. It was a mess. 3398 03:00:50.319 --> 03:00:54.920 We barely got it even rolling. You know, Since then, 3399 03:00:54.920 --> 03:00:58.879 I filed maybe nine or ten other cases. And I 3400 03:00:58.920 --> 03:01:01.920 think just now, as of the past like month or 3401 03:01:01.920 --> 03:01:05.520 forty five days, I'm just now kind of sort of 3402 03:01:05.559 --> 03:01:12.200 starting to get the hang of the basic aspects of litigation, right, So, 3403 03:01:12.319 --> 03:01:14.760 like the first step is obviously getting used to the basics, 3404 03:01:14.760 --> 03:01:16.760 and then from there, now we can get into more 3405 03:01:16.799 --> 03:01:19.319 advanced strategies, and then from there we can start winning 3406 03:01:19.360 --> 03:01:23.120 cases obviously, right, But like I thought to myself, well 3407 03:01:23.120 --> 03:01:25.280 fuck it, I'm just going to broadcast everything and let 3408 03:01:25.360 --> 03:01:27.559 everybody know and kind of show everybody what I'm doing 3409 03:01:27.600 --> 03:01:30.239 and where I'm fucking everything up as I'm going. And 3410 03:01:30.280 --> 03:01:33.639 then everyone else was watching me, and they all wanted 3411 03:01:33.680 --> 03:01:35.760 to fucking go out and file all their own lawsuits 3412 03:01:35.760 --> 03:01:37.559 and all their own shit. And then now they're talking 3413 03:01:37.600 --> 03:01:40.159 about it, and now I share their shit. Right at 3414 03:01:40.200 --> 03:01:42.159 the beginning, it was just me and a couple other guys. 3415 03:01:43.399 --> 03:01:46.200 Now it's like it seems like every fucking day there's 3416 03:01:46.239 --> 03:01:49.000 something going on or somebody posting something, or a lawsuits 3417 03:01:49.040 --> 03:01:51.879 getting popping or something. We even have one of the 3418 03:01:51.879 --> 03:01:54.200 guests I had on my show a couple of days ago, 3419 03:01:54.239 --> 03:01:56.879 as an active sixteen year police officer. He went and 3420 03:01:56.959 --> 03:01:59.600 got a free car, and then they fucked him around 3421 03:01:59.600 --> 03:02:01.479 and he went the local DA and he's trying to 3422 03:02:01.520 --> 03:02:05.239 activate criminal charges for forgery on a negotiable instrument. 3423 03:02:05.799 --> 03:02:08.040 We have another guy named David. He got two free cars. 3424 03:02:08.040 --> 03:02:11.200 He got a brand new dark Horse Mustang and a 3425 03:02:11.239 --> 03:02:15.000 brand new like F one fifty or something. He went 3426 03:02:15.040 --> 03:02:18.239 to his local DA because they they changed his endorsement 3427 03:02:18.440 --> 03:02:20.799 when it got to the actual credit union or whatever 3428 03:02:21.239 --> 03:02:25.479 somewhere in between, somebody had actually illegally changed his endorsement, 3429 03:02:25.520 --> 03:02:29.879 which is like totally monster felony. He went to a 3430 03:02:29.959 --> 03:02:34.079 local liberal DA that's like hot to trot. She wants 3431 03:02:34.120 --> 03:02:37.920 to fucking like like get higher on her like she 3432 03:02:38.000 --> 03:02:40.479 wants to become like a higher level DA or whatever. 3433 03:02:40.760 --> 03:02:42.840 And she's like, we actually have a lot more successful 3434 03:02:42.840 --> 03:02:45.399 liberal das on this stuff. For whatever reason, and she 3435 03:02:45.440 --> 03:02:48.200 actually picked up the case. She actually picked up the case. 3436 03:02:48.239 --> 03:02:51.040 We actually have a full blown criminal fraud case on 3437 03:02:51.120 --> 03:02:54.239 negotiable instruments that is actually actively getting off the ground 3438 03:02:54.280 --> 03:02:58.239 being prosecuted. It's our first criminal case. Uh you know, 3439 03:02:58.319 --> 03:03:01.639 civil's easy. Civil, just draw it up and you turn 3440 03:03:01.680 --> 03:03:03.239 it in and then you pay the fee and then 3441 03:03:03.239 --> 03:03:04.000 boom it starts. 3442 03:03:04.079 --> 03:03:04.239 Right. 3443 03:03:04.600 --> 03:03:07.760 Criminal you have to go through like local DA's to 3444 03:03:07.840 --> 03:03:12.600 get those activated. Right, So it's our first criminal case 3445 03:03:12.719 --> 03:03:17.600 that we've gotten traction on involving negotiable instruments. So you know, 3446 03:03:17.719 --> 03:03:20.280 it all starts somewhere, you know, and I think it 3447 03:03:20.319 --> 03:03:21.040 starts here. 3448 03:03:21.079 --> 03:03:24.479 So hell yeah, man, well look keep up the progress. 3449 03:03:24.559 --> 03:03:27.559 I'm so happy to see how all this is playing out. 3450 03:03:27.639 --> 03:03:30.040 I'm happy that you have a bunch of other people 3451 03:03:30.079 --> 03:03:31.840 that are also working with you so that you can 3452 03:03:31.920 --> 03:03:34.520 kind of speed up the progression of your understanding of 3453 03:03:34.559 --> 03:03:38.799 how the system you know fully works. And look, I mean, 3454 03:03:38.920 --> 03:03:42.200 we're we're we're happy that you can come here and 3455 03:03:42.319 --> 03:03:44.600 kind of share this information with all of our good 3456 03:03:44.639 --> 03:03:47.920 cult members worldwide and well especially the ones in the 3457 03:03:48.040 --> 03:03:50.879 United States who you know might be able to take 3458 03:03:50.879 --> 03:03:53.040 advantage of your teachings here. 3459 03:03:53.479 --> 03:03:56.799 If any country with a central Bank, from my knowledge, 3460 03:03:57.159 --> 03:04:01.479 has the exact same system like England Canada. All their 3461 03:04:01.559 --> 03:04:05.000 currencies are all just the same thing. Unconditional promises to 3462 03:04:05.000 --> 03:04:07.520 pay and unconditional orders to pay. It's all the same thing, 3463 03:04:07.879 --> 03:04:08.360 by the way. 3464 03:04:08.799 --> 03:04:12.799 Okay, well there you go. But yeah, man, this was 3465 03:04:12.920 --> 03:04:15.159 this was awesome. I mean, I'm gonna have to go 3466 03:04:15.239 --> 03:04:17.239 back and listen to it a couple of times and 3467 03:04:17.520 --> 03:04:21.200 watch it because it's it seems so technical, I'm sure 3468 03:04:21.200 --> 03:04:23.840 to you it probably even seemed a little bit technical 3469 03:04:23.879 --> 03:04:27.079 even in the beginning, especially whenever you're understanding the different 3470 03:04:27.159 --> 03:04:29.959 definitions of words and whatnot and. 3471 03:04:30.799 --> 03:04:32.639 All the legal hearsay. 3472 03:04:33.360 --> 03:04:35.440 But yeah, man, this is this is fascinating and I 3473 03:04:35.520 --> 03:04:36.479 appreciate you coming. 3474 03:04:36.319 --> 03:04:40.559 In and spreading the wealth of information, sir, So if 3475 03:04:40.600 --> 03:04:42.799 you could, could you let all of our good. 3476 03:04:42.600 --> 03:04:45.239 Cult members know, if they don't know already, could you 3477 03:04:45.360 --> 03:04:47.200 let them know where they can find you and all 3478 03:04:47.200 --> 03:04:49.120 of your work and follow you on this journey as well. 3479 03:04:49.840 --> 03:04:52.319 Yeah. So, I have a free course. It's a two 3480 03:04:52.360 --> 03:04:55.639 point zero version. Currently. The first part of the course 3481 03:04:55.760 --> 03:04:57.079 covers a lot of what we covered. 3482 03:04:56.920 --> 03:05:01.040 In the last show, like nationality, this and ship taxation. 3483 03:05:01.159 --> 03:05:05.479 The second part of the course is driving traveling titles 3484 03:05:06.280 --> 03:05:07.920 has a lot to do with titles, the driving and 3485 03:05:07.959 --> 03:05:09.559 traveling thing. Just like I talked to you guys about 3486 03:05:09.600 --> 03:05:11.079 in the last show, A lot of it comes down 3487 03:05:11.079 --> 03:05:14.079 to titling, right, Titling is really a lot more important 3488 03:05:14.120 --> 03:05:16.920 than people think it is. And then the third part 3489 03:05:17.159 --> 03:05:20.479 is negotiable instruments and financial is. The fourth part is 3490 03:05:20.639 --> 03:05:22.920 litigation and litigation tactics. 3491 03:05:23.040 --> 03:05:23.239 Right. 3492 03:05:23.760 --> 03:05:27.799 So that course is called the free Contract Killer Course. 3493 03:05:28.680 --> 03:05:31.159 And you can sign up at Williams and Williams Law 3494 03:05:31.200 --> 03:05:33.040 Firm dot com. And you can also sign up at 3495 03:05:33.079 --> 03:05:35.520 one stupidfuck dot com. 3496 03:05:36.079 --> 03:05:39.280 Hell yeah, well look, we're gonna have those links down 3497 03:05:39.280 --> 03:05:42.600 in the show notes below. Jacob, can we get some 3498 03:05:42.680 --> 03:05:44.239 knife hands up in this bag. 3499 03:05:44.639 --> 03:05:48.440 If you haven't already, Dear cult members, then please at 3500 03:05:48.479 --> 03:05:51.200 this time hit the five stars at the shows, the 3501 03:05:51.239 --> 03:05:53.360 licensed guns, common sleep, a posty review, and shares with 3502 03:05:53.440 --> 03:05:55.399 their friends and family, shares everywhere. Here's the deal. The 3503 03:05:55.440 --> 03:05:58.760 more activity our algorithm see across all of our listening platforms, 3504 03:05:58.879 --> 03:06:00.920 the more we get promoted to more potential listeners who 3505 03:06:00.920 --> 03:06:02.959 could that become potential cult members like the rest of you, 3506 03:06:03.000 --> 03:06:04.920 fine ladies and gentlemen, why are you ready to go 3507 03:06:05.000 --> 03:06:07.120 check out metamistery Jonathan's other show and give them all 3508 03:06:07.159 --> 03:06:09.200 the same love respect in five stars and comments and 3509 03:06:09.239 --> 03:06:12.040 shares and things. Come check out Cajun Knight, come check 3510 03:06:12.040 --> 03:06:14.040 out both of our patriots, to join us for our 3511 03:06:14.120 --> 03:06:17.280 live Wednesday night shows every week. And we thank you. 3512 03:06:17.319 --> 03:06:18.559 Everybody's already going and done so. 3513 03:06:18.879 --> 03:06:22.239 And with that being said, this was another beautiful episode 3514 03:06:22.360 --> 03:06:25.760 of the Cults of Conspiracy. And my name is Jonathan 3515 03:06:26.319 --> 03:06:28.799 greg and there's one very important, extremely vital piece of 3516 03:06:28.840 --> 03:06:31.159 information we need you to learn just as soon as 3517 03:06:31.239 --> 03:06:32.319 humanly possible. 3518 03:07:03.719 --> 03:07:06.159 Oh betterar. 3519 03:07:50.200 --> 03:07:53.520 Hey, cult members Jacob here just want to ask who 3520 03:07:53.559 --> 03:07:56.680 wants better sex? The best way to get started is 3521 03:07:56.719 --> 03:07:58.840 to go to adam and Eve dot com right now. 3522 03:07:59.319 --> 03:08:02.879 Am Eve is offering fifty percent off just about any item, 3523 03:08:02.920 --> 03:08:05.159 but that's not all. 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