Speaker 1: Oh red des a. Hello and welcome to the show.
Speaker 2: This is the Cult of Conspiracy, and my name is
Speaker 2: Jonathan and today we bring back your boy Brandon Williams
Speaker 2: a k A.
Speaker 1: One stupid fuck. Welcome back to the show.
Speaker 3: What's up dude, Hi, guys, Hi guys, Just on that one.
Speaker 1: Man, Jesus, it's just too it's too.
Speaker 2: Good not to like you have to throw it out
Speaker 2: there like that. But uh yeah, man, what's what's been
Speaker 2: up with you lately? Have you been diving down any
Speaker 2: any wild rabbit holes here lately?
Speaker 4: That's all I do.
Speaker 3: Man, It's life, absolutucking Louie all day, every day.
Speaker 4: Man.
Speaker 3: Last time you're on the show, we talked a little
Speaker 3: bit about legalities, about jurisdictions, about certain interpretations of the law.
Speaker 3: Now this one, you wanted to talk about finances. Now
Speaker 3: to what level are we talking? Are you talking about
Speaker 3: your personal finances? We're talking about corporate, we talk in
Speaker 3: tax Where are we going on this one?
Speaker 5: We're talking like a thousand levels beyond anything you've ever
Speaker 5: even comprehended as a possibility, Like beyond Like there's almost
Speaker 5: no listener on the show that has ever even heard
Speaker 5: of two percent of what we're going to be getting into.
Speaker 5: So we are going to be going into the deepest,
Speaker 5: darkest black hole, my friends, that anyone has ever seen,
Speaker 5: and possibly none of any of your audience has even
Speaker 5: heard any of the terminology I'm going to be talking about.
Speaker 4: So we're gonna be getting into an.
Speaker 5: Entire lexicon, and we're gonna be breaking down all sorts
Speaker 5: of terms and phrases, and it's gonna be it's gonna
Speaker 5: be a long journey, my friends.
Speaker 3: Oh man, I'm excited. Sounds like to me you were
Speaker 3: about to absolutely bust open some third eyes with what
Speaker 3: y's getting into tonight. So do you have any visual
Speaker 3: aids on this one as well?
Speaker 5: Like you did last time, The whole thing's gonna be visual. Yeah, Okay, Jonathan.
Speaker 3: For all the good cult members that may not have
Speaker 3: ever heard this before, but they would like to see
Speaker 3: what we are talking about rather than just here about it,
Speaker 3: tell them where they can go.
Speaker 2: So before I say that, I did want to mention
Speaker 2: that if anybody hasn't listened to the first episode that
Speaker 2: we had Brandon on that was episode seven hundred and
Speaker 2: forty nine that was posted back on February twenty fourth,
Speaker 2: that'll give you a little bit more context about what
Speaker 2: we're getting into today, just so you can try and
Speaker 2: you know, get get a sense of what it is
Speaker 2: we're talking about. That is a good, a good door
Speaker 2: to go down first before we get into this. But yeah,
Speaker 2: if you want to be able to follow us and
Speaker 2: watch all the video content, see all of the all
Speaker 2: of the slides that Brandon's going to be showing us today,
Speaker 2: then come over to patreon dot com slash Cult of
Speaker 2: Conspiracy Podcast. That link is down on the show notes below.
Speaker 2: This kind of shit can't go on YouTube. I mean,
Speaker 2: it's just obvious at this point. Why are you still
Speaker 2: trusting YouTube? I mean, if you're looking for something not
Speaker 2: conspiracy related, YouTube's awesome. But anything that is questioning the
Speaker 2: main narrative, you're always gonna have issues with that on YouTube,
Speaker 2: Which is why we have a Patreon and it is
Speaker 2: the best way to be able to support the show.
Speaker 1: It is completely cig.
Speaker 2: Yes, yes it is, and yeah, we appreciate all the
Speaker 2: good Cult members who have already done so. Oh also,
Speaker 2: if you want to be able to join us, every
Speaker 2: Tuesday night at nine pm Central, we do have the
Speaker 2: Cult Member Live Show. That's always a banger. So if
Speaker 2: that's something you're interested in, then then yeah, come check
Speaker 2: us out at patreon dot com slash Cult of Conspiracy Podcast.
Speaker 3: All right, Brandon, the floor is yours, sir. Let's get
Speaker 3: into it. Let's break it all down, teach us about finances, bro.
Speaker 5: All right, so we'll go ahead, and I just did
Speaker 5: a screen share, like I said to John and Jacob
Speaker 5: before the show, some of this, A lot of this,
Speaker 5: all the functionality stuff we're going to be getting into.
Speaker 5: I've done presentations on like a million times, but this
Speaker 5: one's going to be kind of unique, especially for like
Speaker 5: my listeners and stuff like that. It's going to have
Speaker 5: a whole historical breakdown as well. That's going to be new.
Speaker 5: So I want to just pre apologize if the history
Speaker 5: part is a little bit disjointed, because this is the
Speaker 5: first time I'm going to be adding a historical breakdown
Speaker 5: into this presentation. But we'll do is we'll just start
Speaker 5: with the basics. We're gonna start with you know, what
Speaker 5: is money? Where are we now? And then once we
Speaker 5: got that, then we're gonna go into a history lesson,
Speaker 5: and then after the history lesson, we're gonna come back
Speaker 5: and then we're gonna break down functionality, and I'm gonna
Speaker 5: teach you how to have literally infinite money by the
Speaker 5: end of the show. Okay, So, okay, starting with the
Speaker 5: definition of the word money, we're gonna go to Rather
Speaker 5: than look it all up in the in the in
Speaker 5: the dictionary, which can take some time, we're just gonna
Speaker 5: use my website. I have everything cold here. Let me
Speaker 5: pull up the definition of the word money. We're gonna
Speaker 5: the first definitions comes from the Constitution. Second cost definition comes.
Speaker 4: From the Legal Dictionary.
Speaker 5: So definition number one, no state shall make anything but
Speaker 5: gold and silver coin a tender in payments of debts. Okay,
Speaker 5: Definition number two from the Legal Dictionary and usual and
Speaker 5: ordinary acceptation. It means gold, silver, or paper used as
Speaker 5: a circulating medium of exchange and does not embrace notes, bonds,
Speaker 5: evidences of debt, or other personal or real estate. Now
Speaker 5: there's a keyword here, this word right here, the word notes. Now,
Speaker 5: let's go ahead and take a look at what we
Speaker 5: have in our wallet Federal Reserve.
Speaker 3: While you're looking that up. As a matter of fact,
Speaker 3: as we just brought up silver or gold in that moment,
Speaker 3: I should go ahead and give us the shameless plug here.
Speaker 3: If you would like to get your start in the
Speaker 3: buying and selling and trading of gold and silver bullion
Speaker 3: LinkedIn the description below, go check us out at coecsilver
Speaker 3: dot com. It is the best place to get started.
Speaker 3: The products are great, the prices are cut rate as
Speaker 3: compared to other dealers. Come check us out ceocsilver dot com.
Speaker 4: Back to the.
Speaker 5: Show, Yeah, I have silver coins. A friend of mine
Speaker 5: creates customs silver coins. I have stacks and stacks, and
Speaker 5: I have special things. I have gold coins, I have
Speaker 5: old bonds from the.
Speaker 4: Silk War, I have gold backs.
Speaker 5: So I fully immerse myself in all this, and I
Speaker 5: totally space that you guys sell gold and silver coins.
Speaker 5: Everyone should be buying and selling and trading gold and
Speaker 5: silver coins. You'll want to a lot more by the
Speaker 5: end of the show. It's it's the best investment you
Speaker 5: can possibly make. So I totally agree with that one
Speaker 5: hundred percent. So absolutely with that said, what do we
Speaker 5: see here. We've got ourselves a Federal reserve note on
Speaker 5: the screen. It doesn't take a rocket scientist to figure
Speaker 5: out that the word note is inside of the term
Speaker 5: Federal reserve note. Let's go back to the definition of
Speaker 5: money does not embrace notes.
Speaker 3: Now, on that same note, it said this note is
Speaker 3: legal tender, right, and correct me if I'm wrong. That
Speaker 3: does stem back from back in the day when a
Speaker 3: dollar was backed by a dollars amount of gold, or
Speaker 3: at least that's what we were told, right.
Speaker 4: Yeah, we're going to get into all that.
Speaker 5: That's the historical part that I think is something that
Speaker 5: needs to get added to my presentation because it's like,
Speaker 5: how the hell Because when I when I start showing
Speaker 5: you where we're at and how it works, your mind's
Speaker 5: going to be so fucked And I think how we
Speaker 5: got here is a seriously like missing piece of my presentation.
Speaker 5: Even though it extends the length of my presentation dramatically,
Speaker 5: I just think that it's going to be a lot
Speaker 5: better presentation. So we'll get into all that, for sure.
Speaker 5: I think this is going to be a huge upgrade
Speaker 5: for me personally.
Speaker 4: So so so.
Speaker 5: So, Yes, you have the term lawful money, and then
Speaker 5: you have the term legal tender, right, and we're going
Speaker 5: to get into all those various terms and stuff like that.
Speaker 5: But essentially, to keep it simple, lawful money is gold
Speaker 5: and silver coins. Legal tender is other things, and there's
Speaker 5: very few people in this world, even attorneys and finance
Speaker 5: attorneys and people on Wall Street. You ask them, Okay,
Speaker 5: well what else? What else would legal tender? What all
Speaker 5: does legal tender include? And no one can answer that question,
Speaker 5: and it took me years to figure it out. So
Speaker 5: so if we go to so what is the area?
Speaker 5: So if these things aren't money, if notes are not money,
Speaker 5: what are they?
Speaker 4: Right?
Speaker 5: And the answer to the question is they are called negotiable.
Speaker 4: Instruments. And you can say and you can say.
Speaker 5: Securities, securities, negotiable instruments. It's it's kind of a similar idea.
Speaker 3: Right.
Speaker 5: Negotiable instruments are mainly governed by state statutory law. Every
Speaker 5: state has adopted Article three of the Uniform Commercial Code, right, So.
Speaker 4: We're just going to hop into this for just a moment.
Speaker 4: You see C three.
Speaker 5: So the Uniform Commercial Code is basically the code that
Speaker 5: is basically adopted at the state level, and the area
Speaker 5: inside that code that deals with these things that we
Speaker 5: exchange as currency, which aren't money but they are legal tender,
Speaker 5: is called negotiable instruments. We're going to look at Article three.
Speaker 5: This is the entire manual. So if someone said Brandon
Speaker 5: what's the entire bible or manual of our currency supply.
Speaker 5: You are looking at it right now, Part one, Part two,
Speaker 5: Part three, Part four, Part five, Part six. This is
Speaker 5: if you were to read these six parts of Article
Speaker 5: three of the Uniform Commercial Code, you would know more
Speaker 5: than anybody else on the planet involving financials. And I
Speaker 5: have a six part series on YouTube called a Journey
Speaker 5: into UCC three, and it's six parts because each individual
Speaker 5: video goes over part one, part two, three, four, five,
Speaker 5: and six.
Speaker 3: So if we do these things in specific, then yeah.
Speaker 5: So we go through every single sub section and every
Speaker 5: single paragraph and sentence inside of every single subsection. So
Speaker 5: it's like probably seven or eight hours total worth of video.
Speaker 5: We're not going to be getting into that kind of
Speaker 5: a depth on this show. But then there's also another
Speaker 5: video that I did later called post Course video number one,
Speaker 5: where I created a flow chart which came afterwards, which
Speaker 5: we are going to need for this presentation. So we'll
Speaker 5: go down to the UCC three flow chart. This is
Speaker 5: what we're going to be going through in this show
Speaker 5: in detail. Is this flow chart right here? Let me
Speaker 5: just get this A good setting right here looks pretty good,
Speaker 5: but we're not going to get into this quite yet.
Speaker 5: We're gonna hit the history lesson first. Okay, So going
Speaker 5: back to UCC article three, if we click on three
Speaker 5: dash one h two subject matter, they're very clear about this.
Speaker 5: This article applies to negotiable instruments. It does not apply
Speaker 5: to money. So they're very clear. Money and negotiable instruments
Speaker 5: are two totally different things. So what is money?
Speaker 4: Uh? You know what?
Speaker 5: What is the original definition and legal definition of money
Speaker 5: from back when we had silver coins?
Speaker 4: Okay, it comes from the Coinage Act. I don't know.
Speaker 4: I don't think that's because that's pretty late. We would
Speaker 4: need something way earlier than that.
Speaker 5: Yeah, this is probably more realistic seventeen ninety two. But anyways,
Speaker 5: I this is part of the history lesson. I'm not
Speaker 5: too sure where I would start with this. I definitely
Speaker 5: wouldn't started eighteen seventy three. That's way too late. But anyways,
Speaker 5: definition how much weight of fine silver is a legal
Speaker 5: definition for dollar?
Speaker 4: There we go, seventeen ninety two. Perfect, let's take that one.
Speaker 5: So it's so the definition of a dollar from the
Speaker 5: original original Coinage Act. This is actually even to this day,
Speaker 5: it's still the same, even though we use it for
Speaker 5: fiat it's you clearly can't use the word dollar when
Speaker 5: it comes to fiat.
Speaker 4: It's kind of a joke, right, there's nothing there.
Speaker 5: But anyways, the original name for a dollar is three
Speaker 5: hundred and seventy one point two five grains of what's
Speaker 5: called fine silver, which they don't put it here.
Speaker 4: Fine silver is point nine or above.
Speaker 3: Right, and then that would be for anybody who's curious
Speaker 3: that it's point seven to seven troy ounces, so little
Speaker 3: over three quarters of the troy ounce perfect.
Speaker 5: So that's basically what the original version of what a
Speaker 5: dollar is when it comes to money. But we aren't
Speaker 5: going to be talking about money a whole lot in
Speaker 5: this show. We're gonna be talking about negotiable instruments because that's.
Speaker 4: What we are using.
Speaker 5: That's what we have. We just don't realize that people
Speaker 5: think it's money. It's not money. Gold and silver coins
Speaker 5: are money, and they have to be within a specific
Speaker 5: you know, if it's fifty percent silver, then it wouldn't
Speaker 5: be considered fine silver, it wouldn't technically be considered money.
Speaker 5: So money is actually even more specific than the idea
Speaker 5: of a gold or silver coin. It's a gold or
Speaker 5: silver coin of certain weight, of certain grains, of certain ounces,
Speaker 5: and then also of certain percentage of pure silver or
Speaker 5: pure gold. And if you guys want to go and
Speaker 5: down that rabbit hole, then I will just let that.
Speaker 4: Let people do that on their own.
Speaker 5: So with that said, going back to UCC Article three,
Speaker 5: so they already said that this article applies to negotiable instruments.
Speaker 5: It does not apply to money. We've pretty much already
Speaker 5: covered now what money is. You've got that down. So
Speaker 5: what is negotiable instrument? Negotiable instrument is defined in UC
Speaker 5: see Article three, Section one oh four. It's defined as
Speaker 5: an unconditional promise or order to pay.
Speaker 4: And as you can see, it goes on and on
Speaker 4: and on and on and on.
Speaker 5: I'm gonna lose the audience if I go this far.
Speaker 5: So we're just gonna stick with that because that's. Yes,
Speaker 5: there's more to this, but I'm telling you you're you're
Speaker 5: ninety five ninety ninety two percent of the way there
Speaker 5: just by the highlighted words here. We can get into
Speaker 5: it more in depth, but we're gonna do it later
Speaker 5: in the show. We're not gonna do it now. The
Speaker 5: simple fact for now, it's going to get you to
Speaker 5: the end of the football field. A negotiable instrument means
Speaker 5: one of two things, or it could be both. An
Speaker 5: unconditional promise or order to pay.
Speaker 3: Now, is this the same as a promisory note or
Speaker 3: is that a completely different thing entirely?
Speaker 5: That's exactly correct. So an unconditional promise to pay is
Speaker 5: called a note. An unconditional order to pay is called
Speaker 5: a draft or bill or bill of exchange. When you
Speaker 5: get a bill in the mail to pay your utilities,
Speaker 5: it's an unconditional order to pay. And what nobody realizes,
Speaker 5: and it's very shocking, is that that all bills are
Speaker 5: negotiable instruments. Federal Reserve notes are also negotiable instruments. They
Speaker 5: say the word note right on it. The word note
Speaker 5: is a short shortening of the word of the term
Speaker 5: promissory note. So money, gold and silver coins of a
Speaker 5: certain denomination and weight and pureness, negotiable instruments or legal
Speaker 5: tender is only two things. Number one is an unconditional
Speaker 5: promise to pay, otherwise known as a promisory note. Number
Speaker 5: two is an unconditional order to pay, otherwise known as
Speaker 5: a draft or bill or bill of exchange.
Speaker 4: That's it. That's the whole thing. What we've already gotten.
Speaker 5: We're now the boat's sailing, We're out of the dock. Now, Okay, Now, basically,
Speaker 5: as most people realize, we don't have any money anywhere.
Speaker 5: So the first question is before we get into how
Speaker 5: negotiable instruments work, and before we get into the flow chart,
Speaker 5: I wanted to add in here, how on the fuck
Speaker 5: did we get here?
Speaker 4: Basically?
Speaker 5: Right, right, So one of the things that I wanted
Speaker 5: to this is kind of where my new stuff kind
Speaker 5: of comes from. And I'm kind of working on putting
Speaker 5: all this together. So if we go back to the
Speaker 5: legal cases, right, this is way back around the same
Speaker 5: time that the fourteenth Amendment came around, right, So there
Speaker 5: was a time where and you can look at the
Speaker 5: cases here, let's do it. Wikipedia says, right, this is
Speaker 5: talking about the constitutionality of paper money. And during this time,
Speaker 5: it might have been just before this or around this time,
Speaker 5: there was a time when we came off the silver
Speaker 5: and gold standard temporarily for some sort of an emergency.
Speaker 5: What kind of financial emergency was going on around the
Speaker 5: time of the legal tender cases.
Speaker 4: Let's see if I can figure it, like piece this together.
Speaker 5: Right, Okay, so the desperate need to finance the Civil War. Okay, good,
Speaker 5: so we had the greenbacks. So what happened was during
Speaker 5: this time we came off the silver and gold standard
Speaker 5: and we just had negotiable instruments for a while. I
Speaker 5: want to say, right around this time period eighteen sixty
Speaker 5: two to eighteen seventy, when did we go back on
Speaker 5: the silver and gold standard after.
Speaker 4: The legal tender cases?
Speaker 3: Now, I think it'd be right after the Civil War,
Speaker 3: but I mean, honestly, who's to say, right.
Speaker 4: I think it was. I would need to do a
Speaker 4: little bit more research on this.
Speaker 3: But then the other side of that is the reconstruction
Speaker 3: needed money, and seeing is how the entire nation just
Speaker 3: blew the shit out of itself in a war. I
Speaker 3: could see that being a series of IOUs being exchanged
Speaker 3: from north and south in order to kind of kickstart
Speaker 3: the economy in that regard. So I could see it
Speaker 3: going to where it kind of postpartum that a bit
Speaker 3: to where it was like, you know, maybe even eighteen eighties,
Speaker 3: eighteen nineties, maybe the California gold Rush, that situation where
Speaker 3: it was like, okay, now we have gold to back
Speaker 3: all the IOUs we've been writing for the past couple
Speaker 3: of decades. I could see that going that way that
Speaker 3: I can't speak, I could see it going that way
Speaker 3: as well.
Speaker 5: Yeah, so I think it was right around eighteen seventy one,
Speaker 5: because we have here on this Investipedia article from eighteen
Speaker 5: seventy one to nineteen fourteen. The gold standard was at
Speaker 5: its pinnacle. During this period, near ideal political conditions existed
Speaker 5: among most countries including Australia, Canada, New Zealand, and India
Speaker 5: that instituted the gold standard. However, this all changed with
Speaker 5: the outbreak of the Great War in nineteen fourteen. Obviously,
Speaker 5: you know your audience probably knows as well that nineteen
Speaker 5: thirteen was when the Federal Reserve was opened as well.
Speaker 5: So we have both those things occurring at that time period, right,
Speaker 5: the fall of the gold standard, right, So what happened
Speaker 5: was so then we went back on the silver and
Speaker 5: gold standard after coming off of it for the legal
Speaker 5: tender cases and that time period, right, So we were
Speaker 5: actually back on the silver and gold standard. Now, at
Speaker 5: that time, we had promissory notes, we had bills of exchange.
Speaker 5: You could transfer promissory notes as cash in society. The
Speaker 5: oldest case that I've ever seen talking about that. Just
Speaker 5: to pull that up for just a moment, I think
Speaker 5: that's an important thing, promise sor Let's.
Speaker 3: See and what is this website here? This is your website, This.
Speaker 4: Is my website.
Speaker 5: I just have a bunch of different cases and stuff
Speaker 5: called together.
Speaker 4: So I'm just going through the is real quick to.
Speaker 3: Find Williams and Williams Law Firm dot com in case
Speaker 3: anybody was curious and want us to do a little
Speaker 3: digging on their own.
Speaker 4: Yeah.
Speaker 5: So we have things about negotiable instruments all the way
Speaker 5: back here in eighteen fifty talking about how bills of
Speaker 5: exchange can be transferred as currency or cash. We have
Speaker 5: this one here eighteen forty two Swift versus Tyson forty
Speaker 5: one US one. The debtor also has the advantage of
Speaker 5: making his negotiable securities of equivalent value to cash. So
Speaker 5: you got to realize, even that we were on the
Speaker 5: gold and silver standard during these years, there was still
Speaker 5: promissory notes and all these other things. So it was
Speaker 5: all these different ways that people could pay. It wasn't
Speaker 5: like there was no promisory notes, there were no bills
Speaker 5: of exchange. It was all of it all together all
Speaker 5: at the same time.
Speaker 4: Okay.
Speaker 5: So then in nineteen thirty three we have the outbreak
Speaker 5: of what's called the Emergency Banking Act.
Speaker 3: Right, the Great Depression had just happened, and all the
Speaker 3: banks were scared, all the world's finances were in the shitter.
Speaker 3: I'm with you.
Speaker 5: So in the Emergency Banking Act is when they basically
Speaker 5: did the whole, the whole gold abrogation and they made
Speaker 5: everybody turn in all of their gold and silver coins.
Speaker 5: Gold Abrogation Act posters. See if we can find one
Speaker 5: that's it right there.
Speaker 4: Let's see if we can pull this up. Let's see
Speaker 4: if we can pull this up here, here we go. Perfect.
Speaker 5: So in nineteen thirty three, we have what's called the
Speaker 5: Gold Abrogation Act, right, and we can see a photo
Speaker 5: of it here.
Speaker 4: Let's see if I can full screen this. Perfect.
Speaker 5: So, all persons are required to deliver on or before
Speaker 5: May first, nineteen thirty three, all gold coin, gold bullion,
Speaker 5: and gold certificates now owned by them to a Federal
Speaker 5: Reserve Bank branch or agency, or to any member bank of.
Speaker 4: The Federal Reserve System.
Speaker 5: Pretty creepy figuring that the Federal Reserve is a privately
Speaker 5: owned company. Which I just found an actual court case
Speaker 5: at the Supreme Court where they actually say that in
Speaker 5: black and white for anyone who is thinking, you know,
Speaker 5: you know, I know a lot of people have seen
Speaker 5: a lot of information on that, but.
Speaker 4: Let me see if I can find it real quick.
Speaker 4: Here it is.
Speaker 2: That was wild that that was a fucking executive order.
Speaker 2: By the way, did you see that on there? It's like,
Speaker 2: oh my god.
Speaker 3: Yeah, if your was kind of a piece of shit,
Speaker 3: but uh yeah, he basically signed this executive order and
Speaker 3: told all American citizens, Hey, I know that your great
Speaker 3: grandfather might have had some luck and a gold mine
Speaker 3: back in the day, and you're holding on to some
Speaker 3: of that. Yeah, we're gonna need you go ahead and
Speaker 3: turn it in, and if you don't, then you're now
Speaker 3: a federal criminal.
Speaker 5: And by the way, the last episode that we did
Speaker 5: all about US citizenship and the slaughterhouse cases and all that,
Speaker 5: none of that really applies to any of this. It's
Speaker 5: totally a separate thing. This This is the only part
Speaker 5: of this presentation I can think of where that does apply.
Speaker 5: Because this executive order only applies to US citizens.
Speaker 3: That's fair.
Speaker 5: This this executive order never applied to state citizens.
Speaker 4: But everyone every by the point it had.
Speaker 5: Already been sixty years where we had had a little
Speaker 5: bit less than sixty years where we had already had
Speaker 5: the US citizen category. So obviously by nineteen thirty three
Speaker 5: people were already confused as to what US citizen meant
Speaker 5: and what a state citizen was. So you can tell
Speaker 5: by this because if people would have known what Samuel
Speaker 5: Freeman Miller said in the Slaughterhouse cases in eighteen seventy three,
Speaker 5: this doesn't apply to most of the country. It only
Speaker 5: applied to employees of the government and stuff like that.
Speaker 5: But obviously no one knew that because everyone turned their
Speaker 5: gold in.
Speaker 4: Right.
Speaker 5: So with that said, here's a John L. Lewis versus
Speaker 5: United States of America from the Ninth circ Court of
Speaker 5: Appeals from nineteen eighty two.
Speaker 4: This is a direct quote from the case.
Speaker 5: Examining the organization and function of the Federal Reserve Banks
Speaker 5: and applying the relevant factors, we conclude that the reserve
Speaker 5: banks are not federal instrumentalities for purposes of the FTCA. FTCA,
Speaker 5: which stands for the Federal Tort Claims Act. When you're
Speaker 5: filing a torque claim against a government agency, which is
Speaker 5: what the guy did in this case, they're basically saying
Speaker 5: he can't use the FTCA because but but our independent,
Speaker 5: privately owned and locally controlled corporations.
Speaker 3: Wow.
Speaker 5: And this is straight out of the Ninth the Ninth
Speaker 5: Circuit Court of Appeals. You guys can look up this
Speaker 5: case and you guys.
Speaker 3: Two, this is not back right after the Civil War
Speaker 3: in nineteen eighty two, the court case showed that the
Speaker 3: Federal Reserve Banks are independent, privately owned, and locally controlled corporations.
Speaker 4: Holy shit. Yeah.
Speaker 5: So basically what was happening during that time, which is
Speaker 5: pretty shocking, is our government was telling everyone and it
Speaker 5: was only US citizens, but no one knew that it
Speaker 5: included state didn't include state citizens, to turn all their
Speaker 5: gold coin into a privately owned and locally controlled corporation
Speaker 5: called the Federal Reserve Bank. So at that time, all
Speaker 5: the gold and silver came out.
Speaker 6: Of the.
Speaker 5: You know, you know whatever. And then we have this
Speaker 5: thing called HGR one ninety two, which people have talked
Speaker 5: about a lot. This is basically a House Joint resolution
Speaker 5: where they're talking about what they're going to do. They're
Speaker 5: going to take out all the gold and silver. It's
Speaker 5: basically what they're doing is they're doing the whole legal
Speaker 5: tender cases thing that they did during the Civil War again.
Speaker 4: It's the same thing.
Speaker 5: They're just doing it again. Right, So what is it
Speaker 5: that they were talking about during this time period? What
Speaker 5: is it from the House Joint resolution? What did they
Speaker 5: actually have to say about this? I have it here
Speaker 5: on this flow chart, which is a different float chart.
Speaker 5: I will read it to you. So this is a
Speaker 5: direct quote from the the Gold Abrogation Act of nineteen
Speaker 5: thirty three. This is from the House Congressional record. I
Speaker 5: just have it copying and pasted here. So this is
Speaker 5: what they say. They say under the new law, the
Speaker 5: money is issued to the banks in return for government obligations,
Speaker 5: bills of exchange, drafts, notes, trade acceptances, and bankers acceptances.
Speaker 5: The money will be worth one hundred cents on the
Speaker 5: dollar because it is backed by the credit of the nation.
Speaker 5: And this is the part where it gets really creepy.
Speaker 5: It will represent a mortgage on all the homes and
Speaker 5: other property of all the people in the nation.
Speaker 3: I'm kind of confused on that one. Break that down
Speaker 3: for the layman's please.
Speaker 5: So basically, they took all the gold and silver out
Speaker 5: in nineteen thirty three. It was supposed to be a
Speaker 5: temporary thing, which we're going to get into in a
Speaker 5: moment as to how it wasn't temporary. It was supposed
Speaker 5: to be, but it never was. And they basically converted
Speaker 5: everything over to notes and bills of exchange and negotiable truments,
Speaker 5: and then those negotiable instruments represent a mortgage on all
Speaker 5: the homes and other property of all the people in
Speaker 5: the nation, so.
Speaker 4: Basically the government.
Speaker 5: And I'll explain how that works, right because if you
Speaker 5: look at you know, nineteen thirty three was the Emergency
Speaker 5: Banking Act, Well what came right after the Emergency Banking Act?
Speaker 3: Not sure?
Speaker 5: Honestly, there was a few things the Social Security Act
Speaker 5: A nineteen thirty five got you. So the way that
Speaker 5: you can figure this out, and again I do apologize
Speaker 5: my first time doing this historical breakdown, so it might
Speaker 5: be a bit disjointed, but I hope everybody's having some
Speaker 5: fun with this because I definitely want to keep going
Speaker 5: on this. So, so what happened was is they use
Speaker 5: Social Security to back all of this, And I'll prove
Speaker 5: that to you right now. If we go to I
Speaker 5: don't know if I showed you this in the last
Speaker 5: show twenty see if are four to two two dot
Speaker 5: one oh four who can be assigned a Social Security number?
Speaker 4: Did I show you guys this last time?
Speaker 3: You may have but refresh on our memories, please.
Speaker 5: We can assign you a social Security number if you
Speaker 5: meet the evidence requirements in four two two dot one
Speaker 5: oh seven and and then it goes into all these
Speaker 5: details as to what you have to have or be
Speaker 5: to get a social Security number. Anything that's blue and
Speaker 5: underlined has a special definition. In this section, you can
Speaker 5: see that the word you obviously has a clickable definition.
Speaker 5: We're going to click on that. This comes from twenty
Speaker 5: CFR four two two dot four O two, which is
Speaker 5: called what special definitions apply to this subpart the definition
Speaker 5: of the word you, which is extremely creepy. By the way,
Speaker 5: obviously they're trying to pull a fast one on us
Speaker 5: on this one. This is this is so fucking obvious.
Speaker 5: You means an individual who owes a debt to the
Speaker 5: United States within the scope of this subpart.
Speaker 2: Wo It's crazy how they just literally they just change definitions.
Speaker 2: And this is what most people probably wouldn't even think
Speaker 2: to look into. Like whenever the way that you break
Speaker 2: it down, each individual word they have an entirely new
Speaker 2: meaning for or a different meaning for, which is crazy
Speaker 2: because you're talking about law speak as opposed to just
Speaker 2: like regular speak. And why would they be so different
Speaker 2: and so separated from each other. Well, I mean, would
Speaker 2: you say that this is their way of kind of
Speaker 2: manipulating everybody is by changing up the verbiage of exactly
Speaker 2: what the words mean.
Speaker 4: Yeah, and they say straight up. You know, if you
Speaker 4: type in.
Speaker 5: The internet, why was the emergency banking at past? And
Speaker 5: they'll tell you straight up to stabilize the banking system
Speaker 5: and restore public confidence during the Great Depression after widespread
Speaker 5: bank failures and runs. Runs are basically when everybody goes
Speaker 5: to the bank and pulls a cash out. Led to
Speaker 5: a crisis of trust in financial institutions. Right, So because
Speaker 5: of this was going on, that's why they made everybody
Speaker 5: turn in their gold and silver and they converted everything
Speaker 5: over to this negotiable instrument system. It was supposed to
Speaker 5: be temporary. That's why it's called emergency, right, It's like,
Speaker 5: we need to handle this and then once we're done
Speaker 5: handling this, we'll go back to the gold and silver standard.
Speaker 5: Just like we did with the legal tender cases. So
Speaker 5: basically at this time, they were probably saying that in
Speaker 5: the media, just like we did in you know, during
Speaker 5: the Civil War. Your your your parents or your grandparents
Speaker 5: may remember, we went on this thing for a little
Speaker 5: while and then we came off of it. Well, we're
Speaker 5: gonna do it again. That's I would if I had
Speaker 5: to just guess, that's probably what they were doing during
Speaker 5: this time period. Okay, So basically they created the whole
Speaker 5: Social Security system, because the Social Security system is what
Speaker 5: gives the.
Speaker 4: Debt we become.
Speaker 5: We all become basically debt tours to As they just
Speaker 5: showed you, the definition of the word you is somebody
Speaker 5: who it was a debt to the United States. So
Speaker 5: the new money, it will represent a mortgage on all
Speaker 5: the homes and other property of all the people in
Speaker 5: the nation. And if I were to continue on and
Speaker 5: write more here myself, it would be via the Social
Speaker 5: Security Act of nineteen thirty five. That's how this would end,
Speaker 5: if I were to end this. Okay, So basically what
Speaker 5: we're looking at is we're looking at you know, they
Speaker 5: basically got rid of money, and now all we have
Speaker 5: is legal tender that's all that's left.
Speaker 4: Okay.
Speaker 5: So fast forward to nineteen seventy one, and we can
Speaker 5: see some various court cases on this. I've been collecting them,
Speaker 5: you know, we have some just to kind of give
Speaker 5: validity to this. We'll just kind of tap a few
Speaker 5: of these just for fun. In nineteen eighty six, we
Speaker 5: have a case here, FDIC versus Philadelphia Gear Corp. FDIC concedes,
Speaker 5: as it must, that Congress has determined that a promissory
Speaker 5: note generally constitutes money or its equivalent. Moreover, that statutory
Speaker 5: definition comports with economic reality. Promissory notes typically are negotiable
Speaker 5: instruments and therefore readily convertible into cash.
Speaker 4: It's funny because.
Speaker 5: When you actually start to go down the rabbit holes
Speaker 5: as to how this all works, this sentence, these sentences
Speaker 5: don't actually make any sense, but still it's very rare
Speaker 5: you'll find anything that makes any sense when you start
Speaker 5: to go down this rabbit hole, really really deep, because
Speaker 5: like cash is, it's just a negotiable instrument in physical form.
Speaker 5: There's a little bit more to it, but it's actually
Speaker 5: just a really simple definition, right, And we can.
Speaker 4: Go down to this.
Speaker 5: One's eighteen eighty bills of exchange and promissory notes are
Speaker 5: exceptional in their character. They are representatives of money circulating
Speaker 5: in the commercial world, as evidence of money of which
Speaker 5: any person in lawful possession may avail himself to pay debts,
Speaker 5: or make purchases, or make remittances of money from one
Speaker 5: country to another or to remote places in the same country. Hence,
Speaker 5: as said by story Jay, it has become a general
Speaker 5: rule of the commercial world to hold bills of exchange
Speaker 5: as in some sort secret instrument in favor of bona
Speaker 5: fide holders for a valuable considerate. Anyways, we're getting into
Speaker 5: some finance terminology here. We're not going to get into
Speaker 5: that quite yet.
Speaker 4: But anyways, you.
Speaker 5: Can see these things, you know, negotiable instruments, unconditional promises
Speaker 5: in orders to pay. These things have been considered essentially
Speaker 5: money or damn close to it, or or exchangeable for money,
Speaker 5: or or you know whatever for a long time.
Speaker 4: This isn't anything new, right.
Speaker 5: The debtor, like I said before, the debtor also has
Speaker 5: the advantage of making his negotiable securities of equivalent value
Speaker 5: to cash. Saying negotiable securities and saying negotiable instruments is
Speaker 5: basically the same thing. Realize that Federal Reserve notes are
Speaker 5: basically the exact same thing they're trading on Wall Street.
Speaker 5: It's the same shit. It's just that people just don't
Speaker 5: realize that basically, right.
Speaker 2: So just to make clear here, your goal of diving
Speaker 2: down this rabbit hole is to prove to everybody that
Speaker 2: these Federal Reserve notes are about as worthless as tissue paper.
Speaker 5: No, no, we're going to get into the functionality of
Speaker 5: all of it here just a moment. I'm just going
Speaker 5: through the history and then and then once we finish
Speaker 5: this little history lesson, then we'll dive into the functionalities
Speaker 5: of how it all works and how you can create
Speaker 5: them from scratch and all.
Speaker 4: The good stuff.
Speaker 3: Cool. So you're not saying that like green money, you're
Speaker 3: not saying that that is valueless as far as our
Speaker 3: day to day living goes. You're saying it's not backed
Speaker 3: by anything of actual substance. It's like ethereal ethereal fairy
Speaker 3: dust numbers like stock prices and shit.
Speaker 4: Yeah, everything is a promise to pay.
Speaker 5: Because the thing is in order to actually pay, you
Speaker 5: would actually need money. We haven't had money since nineteen
Speaker 5: thirty three. What was money you know, three one hundred
Speaker 5: and seventy one point twenty five, what does it say?
Speaker 5: Grains of fine silver, which is point nine ninety nine
Speaker 5: are above right if you go onto a super ultra
Speaker 5: deep deep dive on this the beginning of our country,
Speaker 5: gold coins weren't actually part of the definition of money
Speaker 5: until a little bit later. So really, if you want
Speaker 5: to become like an ultra ultra ultra purist about it,
Speaker 5: the most basic element of the definition of money in
Speaker 5: our past, even though gold coins, I think we're added
Speaker 5: later into the definition. I think in like eighteen twenty
Speaker 5: four or something, is basically silver coins. Silver coins are
Speaker 5: the it's it's it's the bedrock of everything American. It's like,
Speaker 5: if you think of like a silver coin with an
Speaker 5: eagle on it, next to the Constitution, next to a
Speaker 5: fucking musket, that's it.
Speaker 4: You've got America in a fucking picture right there.
Speaker 3: Yeah, right man. Literally, for the record, did just a
Speaker 3: little quick tidbit of trivia knowledge in military ranks for instance,
Speaker 3: do you happen to know why a silver oak leaf
Speaker 3: is of a higher rank than a gold oak leaf?
Speaker 3: Just throwing it out, No, Because at the time when
Speaker 3: America was founded. And when this goes from the British
Speaker 3: as well, their silver ranks were were of a higher
Speaker 3: stature than their gold ranks because at the time silver
Speaker 3: was worth more than gold.
Speaker 5: Makes sense, Yeah, yeah, yeah, it was. It wasn't even
Speaker 5: part of the definition until later, and then we can't
Speaker 5: and then obviously like the Gold Abrogation Act didn't have
Speaker 5: anything to do with silver. There's more to all this,
Speaker 5: but I'm not gonna you know, it's gonna get kind
Speaker 5: of boring if we if we get into all the
Speaker 5: weeds on all that stuff, right, so we're just going
Speaker 5: to keep it here where we're at. So so basically
Speaker 5: nineteen thirty three they took away all the ability to pay,
Speaker 5: so all we have what's what's left. Everything became promises
Speaker 5: to pay at that point. Okay, So basically then we
Speaker 5: have nineteen seventy one. What happened in nineteen seventy one
Speaker 5: that took us off the gold standard, right, so we
Speaker 5: had still been on the emergency banking for Actually that
Speaker 5: Wikipedia article was actually perfect for this, So we had
Speaker 5: been on this emergency thing for all this time up
Speaker 5: until nineteen seventy one. So people think that in nineteen
Speaker 5: seventy one, something shifted or changed. It's actually not true.
Speaker 5: What happened in nineteen seventy one is right here. August
Speaker 5: nineteen seventy one, Nixon severed the direct convertibility of US
Speaker 5: dollars into gold. With this decision, the international currency market,
Speaker 5: which had become increasingly reliant on the dollar since the
Speaker 5: enactment of the Bretonwoods Agreement, lost its formal connection to gold.
Speaker 5: The US dollar, and by extension, the global finance system
Speaker 5: it effectively sustained entered the era of fiat money. Now,
Speaker 5: what's really really really fascinating about this, this is kind
Speaker 5: of getting near the end of the historical breakdown of this,
Speaker 5: right is we can go to wtf happened in nineteen
Speaker 5: seventy one, And this is actually a website. I don't
Speaker 5: believe they directly correlate this to all of these graphs,
Speaker 5: but this is what they're looking at. I don't know
Speaker 5: why they don't directly correlate these things, but this is
Speaker 5: basically a shitload of graphs showing that the country basically
Speaker 5: went completely to shit right around nineteen seventy one. And
Speaker 5: you can just go down and you can see all
Speaker 5: these graphs of how everything is going to shit. And
Speaker 5: what's so funny is is that, you know, I'm not
Speaker 5: sure they don't say that it's because of the nineteen
Speaker 5: seventy one coming off of the gold standard entirely and
Speaker 5: going into a fully fiat system, But I mean, as
Speaker 5: far as I'm concerned, it's the only thing. Here's inflation
Speaker 5: right here, nineteen seventy one, nineteen seventy five, So seventy two,
Speaker 5: seventy three right in there is where it begins, you know,
Speaker 5: And we had just come off of the gold standard.
Speaker 5: We had just entered into the world of fiat money.
Speaker 5: So all these graphs are very negative, and all these graphs.
Speaker 5: Look at this one, here's nineteen seventy one. This one
Speaker 5: here is a consumer price index, right, So as we
Speaker 5: can see, nineteen seventy one was the beginning of the
Speaker 5: end for the financial success of America, and it was
Speaker 5: also the beginning of the fiat world. So those two
Speaker 5: things can be linked together pretty easily. So basically, how
Speaker 5: does this So now at this point we can get
Speaker 5: into how does this fiat money system really work?
Speaker 4: Essentially?
Speaker 5: Right, And in order to understand it, you have to
Speaker 5: read ucc article three.
Speaker 4: In order to.
Speaker 5: Understand it right, and we'll we'll we're gonna start with
Speaker 5: my flow chart and I'm going to walk you guys
Speaker 5: through it essentially.
Speaker 4: Right.
Speaker 5: The first thing that we're going to look at is
Speaker 5: like like it says in UCC three to one O four,
Speaker 5: we have two types of negotiable instruments. We have the
Speaker 5: unconditional promise to pay, which is called a note or
Speaker 5: promisory note. And then we have the unconditional order to pay,
Speaker 5: which is called a draft in UCC three. But in
Speaker 5: like in like England, and in like the United States Code,
Speaker 5: it's called a bill or bill of exchange.
Speaker 4: When you get a bill on the.
Speaker 5: Mail and it tells you pay eighty two dollars for
Speaker 5: your phone by June twenty fifth, that is an unconditional
Speaker 5: order to pay. It's called a draft or a bill
Speaker 5: or a bill of exchange. So examples of unconditional orders
Speaker 5: to pay traffic tickets, parking tickets, tax bill, utility bill,
Speaker 5: credit card bill, a court order or judgment.
Speaker 4: A check.
Speaker 5: So a check is a draft that has routing and
Speaker 5: account numbers on it. But if it doesn't have routing
Speaker 5: and account numbers on it, it's just a draft. So
Speaker 5: a check is both a draft and a check. It's
Speaker 5: two totally different terms. A check has to be a
Speaker 5: draft first before it can be a check. Debit card
Speaker 5: transactions and medical bills. Anytime you use the word bill,
Speaker 5: you're talking about a draft, an unconditioned order to pay.
Speaker 5: Examples of unconditional promises to pay. When you sign a
Speaker 5: traffic ticket, it is a note if you sign it,
Speaker 5: and more of a draft if you didn't. Are you
Speaker 5: promising to perform or being ordered to perform? That's how
Speaker 5: you can tell because pretty much everything. When you realize
Speaker 5: almost everything in the world falls in one of these
Speaker 5: two categories, things start to get pretty wild. And you're
Speaker 5: going to see that more and more as we get
Speaker 5: through the functionality of this right. Loan promisory notes when
Speaker 5: you sign mortgage or a promissory note, or any sort
Speaker 5: of promise to pay, and there's you know, interest rates
Speaker 5: and all that kind of stuff. Those documents themselves are
Speaker 5: unconditional promises to pay.
Speaker 4: They are notes.
Speaker 5: They are promisory notes, no different than a federal reserve note.
Speaker 5: All credit card transactions are unconditional promises to pay. Every
Speaker 5: single time you use your credit card, you are actually
Speaker 5: producing a security that has monetary value that security, you're
Speaker 5: basically abandoning it. You're you're failing to claim it and
Speaker 5: abandoning that security every single time you use your credit card.
Speaker 4: So when you.
Speaker 5: Promise to pay for a coffee, that promise to pay discharges.
Speaker 4: How much you would need to pay for that coffee.
Speaker 5: So you're basically creating all the currency all the time.
Speaker 5: Every time you use a credit card, you're abandoning the
Speaker 5: original security that you manufactured, and then you're paying with
Speaker 5: an entirely disrelated security called a federal reserve note. That's
Speaker 5: basically how and we're going to get into that more
Speaker 5: and more and more as we go into this. Okay, okay,
Speaker 5: for our reserve notes, obviously our notes, all currencies that
Speaker 5: have a central bank in that country would be for
Speaker 5: promissory notes. Insurance policies are promisory notes, right, So if
Speaker 5: you're promising, it's a promisory note. If you're being ordered,
Speaker 5: it's a draft or a bill or a bill of exchange.
Speaker 4: Okay.
Speaker 5: The word payment is really crucial to clean up before
Speaker 5: we start getting into this. The word payment means the
Speaker 5: performance of a duty, promise, or obligation, or discharge of
Speaker 5: a debtor.
Speaker 4: Liability.
Speaker 5: Right, So, if you claim the credit card promisory note
Speaker 5: transaction and you use the promissory note that you manufacturing,
Speaker 5: when you initially unconditionally promise to pay, by definition, that
Speaker 5: would be a payment, which we're going to get into.
Speaker 4: How do you do that and how does that work?
Speaker 5: As we go farther and farther into this, right, just
Speaker 5: real quick, we're going to get into certificate of deposit.
Speaker 4: You guys have probably heard that before.
Speaker 5: That was really popular in the nineties, those like three
Speaker 5: four five percent interest rate government savings accounts. Right, Well,
Speaker 5: it actually has an entirely different definition that's actually really
Speaker 5: important to understand this.
Speaker 4: Certificate deposit.
Speaker 5: The definition comes from UCC three one oh four j
Speaker 5: means an instrument containing an acknowledgment by a bank that
Speaker 5: a sum of money has been received by the bank
Speaker 5: and a promise by the bank to repay the sum
Speaker 5: of money. So this is this is basically in in
Speaker 5: normal English, it's called a receipt. Okay, you man, you
Speaker 5: found So you buy a coffee, you tap your credit card.
Speaker 5: It produces an unconditional promise to pay, which is a
Speaker 5: promisory note, which does have value. It's a fiat currency
Speaker 5: in itself and has been for well over one hundred
Speaker 5: and fifty years. And then what happens is that's that's
Speaker 5: why they're so obsessed about giving your receipts. Do you
Speaker 5: want to receipt? Do you want to receipt? Do you
Speaker 5: want to receipt? Do you want to receive? A receipt
Speaker 5: is actually a certificate of deposit. So basically what happens
Speaker 5: is you created a promissory note and then you deposited
Speaker 5: that promissory note with your financial institution, and the financial
Speaker 5: institution is giving you a receipt by a bank that
Speaker 5: shows that a sum of money your promissory note has
Speaker 5: been received by the bank, and that receipt is a
Speaker 5: promise by the bank to repay that of what you
Speaker 5: just created and deposited.
Speaker 3: Oh so you're saying, even if it's like a Walmart,
Speaker 3: you swipe your card, you get a receipt, you are
Speaker 3: essentially saying that you created a promissory note in order
Speaker 3: to pay X amount of dollars for these goods and
Speaker 3: swiping your card, basically what you just made was your
Speaker 3: bank is stating that this promissory note exchange has happened,
Speaker 3: and the Walmart Bank, whoever their financial institution is, is
Speaker 3: showing a deposit of this age.
Speaker 5: And that's why at the end of the month when
Speaker 5: you get your credit card statement, it's actually a positive statement.
Speaker 5: If you had to pay at quote unquote, it would
Speaker 5: have to be a negative number on there. It's not
Speaker 5: a negative number, it's a positive number. So what the
Speaker 5: credit card statement is at the end of the month
Speaker 5: is it's basically an investment portfolio, like something you'd get
Speaker 5: from like Fidelity or something. It's basically showing all the
Speaker 5: different unconditional promises to pay that you manufactured throughout the month,
Speaker 5: and then all of the receipts that you have are
Speaker 5: all certificates of deposit. And what's crazy is, as you
Speaker 5: can see in this last line here, this last sentence,
Speaker 5: a certificate of deposit is a note of the bank.
Speaker 5: So you use your credit card, you manufacture an unconditional
Speaker 5: promise to pay, you deposit that unconditional promise to pay
Speaker 5: on your account, and the bank gives you an unconditional
Speaker 5: promise to pay, stating that they now owe you the
Speaker 5: value of your unconditional promise to pay at some point
Speaker 5: in the future.
Speaker 1: What a cluster fuck man like this is.
Speaker 2: It just goes to show that like none of this
Speaker 2: is really what we thought it was, you know, like
Speaker 2: with all the all the wording and this, I don't know,
Speaker 2: it doesn't really I mean, it makes sense in the
Speaker 2: way that you're describing it, but I'm having trouble understanding
Speaker 2: why they would do this this way.
Speaker 5: Well, I'll explain that the answer to your question is
Speaker 5: the Federal Reserve discount window, which we're not going to
Speaker 5: get into that quite yet. We have to understand we
Speaker 5: have to go a little farther in this presentation. I've
Speaker 5: done this presentation specifically a million times. We have to
Speaker 5: go a little farther. Then we'll get into how that
Speaker 5: part works and you'll see the full picture on it all.
Speaker 4: Right.
Speaker 5: Oh okay, So getting back to the the flow chart, right,
Speaker 5: So basically we're gonna we're gonna come back to this.
Speaker 5: Normally I get into this part now, but we're gonna
Speaker 5: skip that right now. So basically, what happened is you
Speaker 5: become the holder. So the holder is someone in possession
Speaker 5: of a note or draft that is payable to them
Speaker 5: specifically or payable to bearer. Right, whenever you're the you're
Speaker 5: the holder whenever you get a federal reserve note.
Speaker 4: Right.
Speaker 5: So, holder is pretty much the way the word sounds,
Speaker 5: which is pretty rare in law. It's literally whoever holds
Speaker 5: a damn thing. Right Now, it gets a little bit different.
Speaker 5: Let's say I wrote a check to Jonathan and Jacob
Speaker 5: is actually the holder of it. He wouldn't be the
Speaker 5: holder of it because he can't access the value of it. Right,
Speaker 5: But federal reserve notes are payable to bearer. They're not
Speaker 5: payable to a specific person. It's just anyone who holds
Speaker 5: it holds the value. So if you have a federal
Speaker 5: reserve note, you are the holder. If you have a check,
Speaker 5: you're only the holder if it's a blank jack or
Speaker 5: if your name's on it.
Speaker 4: The holder is a.
Speaker 5: Little bit more complicated than whoever is in possession of it.
Speaker 5: It's whoever's in possession of it and also so has
Speaker 5: the right to access it. Let's call let's call holder that.
Speaker 5: I think that's a simple way to define it.
Speaker 4: Right.
Speaker 3: So, this isn't the same way as how when you
Speaker 3: are buying a house, the bank holds it in escrow
Speaker 3: until the amount is paid, so they're basically holding it,
Speaker 3: holding the deed to the home until it's all paid.
Speaker 3: That's not what you mean by holding it in this case.
Speaker 3: This is more like if I have this silver coin,
Speaker 3: i am holding it. It is technically my silver coin.
Speaker 3: But if I was to hand this to someone else
Speaker 3: and they happen to be in possession of it, it
Speaker 3: is technically by law their's they are the holder, right.
Speaker 5: Yeah, And this is all All of this that we're
Speaker 5: getting into here doesn't apply to money. It only applies
Speaker 5: to legal tender and negotiable instruments. This is all like
Speaker 5: negotiable instrument, legal tender.
Speaker 4: Goofiness.
Speaker 5: This is not money. Is really fucking simple. I mean,
Speaker 5: you have a silver coin, you hand it to somebody,
Speaker 5: and now they have a silver coin. Right, Obviously that's
Speaker 5: pretty simple.
Speaker 4: Right.
Speaker 5: This is a super overly complicated system with all of
Speaker 5: its own definitions, made on purpose to confuse people.
Speaker 4: Essentially, really at.
Speaker 5: The end of the day, right, and when you go
Speaker 5: down the rabbit hole overhereall this terminology came from it's hundreds,
Speaker 5: if not thousands of years old.
Speaker 4: This isn't anything new, by the way.
Speaker 5: The original eighteen forty nine Constitution of California specifically says,
Speaker 5: I think in like Article four sub section thirty five
Speaker 5: that promissory notes and other evidences of debt cannot transfer
Speaker 5: as currency in the society. So I think basically, if
Speaker 5: you were to take the past like ten twenty thirty
Speaker 5: thousand years of this planet, I think it's pretty much
Speaker 5: just the bankers getting some sort of negotiable instrument system
Speaker 5: to replace like gold and silver, coins or pieces of
Speaker 5: wood or whatever it is, and then like the civilization
Speaker 5: going to shit, and then like people realizing that and
Speaker 5: then throwing that off and putting back in some sort
Speaker 5: of commodity as a currency, and then they're much better
Speaker 5: for one hundred years or one hundred and fifty years,
Speaker 5: and then somehow the bankers figure out another way to
Speaker 5: installed and negotiable instruments and as a currency, and then
Speaker 5: there's another one hundred years or one hundred and fifty
Speaker 5: years of the country going to shit, and then that
Speaker 5: gets overthrown, and then now I think that's literally like
Speaker 5: the entire history of our entire culture, of our entire
Speaker 5: race literally as humans. I mean, the more I research,
Speaker 5: the more it just seems like it's the same cycle
Speaker 5: over and over and over again. I think we're at
Speaker 5: the very end of this cycle right now with this
Speaker 5: particular same thing. So I think we're about ready to
Speaker 5: see a golden age of gold and silver coins and
Speaker 5: real money.
Speaker 1: I hope, so, dude.
Speaker 2: I mean it's it's kind of been teased here, you know,
Speaker 2: more recently with the with the new guy in office
Speaker 2: as far as the golden age and possibly getting rid
Speaker 2: of all the fraudulent money that's being sent everywhere and
Speaker 2: all that kind of stuff. But I'll tell you what, dude,
Speaker 2: this actually kind of reminds me of a Black Mirror episode.
Speaker 2: Have you ever watched Black Mirror before.
Speaker 4: It's been a while, I've seen a few.
Speaker 1: Yeah, dude, fucking awesome. I love that shit.
Speaker 2: But there is an episode where basically they fool everybody
Speaker 2: into like you're supposed to be paying attention to the
Speaker 2: fine print, And for all the people that didn't pay
Speaker 2: attention to the fine print, they found a way to
Speaker 2: be able to make money off of them and follow
Speaker 2: them around with a camera. And now there's a whole
Speaker 2: Netflix show about you, and you know, just because you
Speaker 2: signed up for Netflix. For example, if you signed up
Speaker 2: for Netflix and didn't read the fine print down at
Speaker 2: the bottom, well, now you don't even know what you
Speaker 2: just signed away, and now they can follow you, like
Speaker 2: basically record your entire life, make all the money off
Speaker 2: of you and not give you a cent, and have
Speaker 2: your entire life just blasted for the public to see.
Speaker 2: And so I'm not saying that's exactly what this is,
Speaker 2: but it does seem like this is a fine print
Speaker 2: type situation to where if you don't know exactly this terminology,
Speaker 2: you don't know what even your money is worth or
Speaker 2: where it even came from at that point.
Speaker 3: Well.
Speaker 5: Yeah, And another excellent analogy is the if we look up.
Speaker 6: The picture of baby pods from the Matrix movie. Mm hmm,
Speaker 6: so we have let's say we look up this picture here, right,
Speaker 6: I don't know, this does not look like it's from
Speaker 6: the Matrix.
Speaker 4: This looks something else.
Speaker 5: But that looks close to it the movie The Matrix,
Speaker 5: and you have all the baby pods and you've got
Speaker 5: all this stuff like this.
Speaker 4: Let me see if we can find a good photo here.
Speaker 3: It was like the field of humans. Basically here it is.
Speaker 4: This is a good one.
Speaker 1: Yeah, it was like towers of them.
Speaker 5: So this is probably one of the best examples in
Speaker 5: terms of you know what we're actually living in because
Speaker 5: what's happening is every time you use your credit card,
Speaker 5: you're producing currency. It's called an unconditional promise to pay.
Speaker 5: It has the same value in law as FETA reserve notes.
Speaker 5: And I'm gonna get into exactly the mechanics as to
Speaker 5: how they swap these things for fetter reserve notes. But
Speaker 5: then what you're doing is is you're creating just like
Speaker 5: these were energy production pods for the you know, the machines.
Speaker 5: When you create the unconditional promise to pay and you
Speaker 5: deposit it on the account, you now abandon it because
Speaker 5: now what you're doing at the end of the month
Speaker 5: is now you're using other federal reserve notes that have
Speaker 5: nothing to do with anything, and you're paying with those. Well,
Speaker 5: now you've got to ask yourself, and I have litigation
Speaker 5: that I'm in right now trying to figure this out,
Speaker 5: what the hell happened to your original unconditional promise to pay?
Speaker 4: Do they think that you abandon it? Do they think
Speaker 4: that you donated it?
Speaker 5: Because I tell you're right now, if more people knew
Speaker 5: how this worked, I guarantee you people are going to
Speaker 5: be really pissed off. The people are not interested in
Speaker 5: donating or abandoning their unconditional promises to pay. So we
Speaker 5: have so whenever I teach this and whenever I do this,
Speaker 5: and I've got probably one hundred thousand people on my platform,
Speaker 5: everybody's going out and suing the ever loving fuck out
Speaker 5: of all these financial companies, being like, where the fuck
Speaker 5: are all my unconditional promises to pay? So there's a
Speaker 5: lot of this shit going down, and and I have
Speaker 5: a feeling that, you know, banking reform is right around
Speaker 5: the corner because we've got, you know, hundreds of these
Speaker 5: lawsuits popping and it's just going to get crazier and
Speaker 5: crazier and so so basically the truth is is that
Speaker 5: at the end of the month, when they send you
Speaker 5: that that bill, you're supposed to just basically authorize them
Speaker 5: to swap the value of all those negotiable instruments and
Speaker 5: and and basically they're supposed to be working for you,
Speaker 5: and it's supposed to basically just self discharge. And I'll
Speaker 5: explain how that works and the terminology behind it. Okay,
Speaker 5: So getting back to the flow chart here, So, so
Speaker 5: when you become the holder, right, you have to become
Speaker 5: the holder.
Speaker 4: And then once you become the holder.
Speaker 5: You can do what's called an endorsement, right, and people
Speaker 5: see that on the back of your checks E N
Speaker 5: d O R S E M E n T. But
Speaker 5: if you go into the usually see article three, and
Speaker 5: you look at the actual terminology straight from the horse's mouth,
Speaker 5: they spell it a little differently. They spell it d
Speaker 5: O R S E M E n T. So we
Speaker 5: don't use the E in we use the I in spelling.
Speaker 5: It's more of a purest spelling of the word right.
Speaker 5: And it has a very long, complicated definition, and it
Speaker 5: took me a long time to kind of get through it,
Speaker 5: and I have the definition here as well.
Speaker 4: On the side.
Speaker 5: The definition of the word endorsement is actually really simple.
Speaker 5: It's just a signature from the holder or somebody who's
Speaker 5: allowed to act as the holder that basically, uh, basically,
Speaker 5: you're basically writing the rules as to how this instrument
Speaker 5: can be negotiated.
Speaker 4: Like for example, when you're creating a.
Speaker 5: Check and you write the paye on the check and
Speaker 5: then you sign it, you're basically, you know, writing up
Speaker 5: an endorsement as the holder of the instrument, and then
Speaker 5: you're basically issuing the instrument right or making the instrument.
Speaker 5: These are also specific terms issuer and maker. Maker means
Speaker 5: a person who signs or is identified in a note
Speaker 5: as a person undertaking to pay.
Speaker 4: Right.
Speaker 5: So you have all this terminology, right, but basically the
Speaker 5: simple fact of it is is that it's an endorsement.
Speaker 4: Right.
Speaker 5: So when I started getting into you know, okay, so
Speaker 5: if you review this, we have an unconditional promise to pay,
Speaker 5: which is a note. We have an unconditional order to pay,
Speaker 5: which is a draft or bill or bill of exchange.
Speaker 5: So when the utility company sends you a bill and
Speaker 5: you pull it out of the mail and you open it,
Speaker 5: you become the holder of the bill. Right, And you
Speaker 5: think to yourself, oh, I have to pay this thing
Speaker 5: with federal reserve notes. Well no, because the a federal
Speaker 5: reserve note is a negotiable instrument. The fucking bill is
Speaker 5: also a negotiable instrument. You're holding cash. The definition of cash,
Speaker 5: if you get on that rabbit hole, which we're not
Speaker 5: going to do it takes forever, is literally just a
Speaker 5: negotiable instrument. Because again, a federal reserve note is cash.
Speaker 5: It's a piece of paper. That's a fucking negotiable instrument.
Speaker 5: The fucking bill is a negotiable instrument. It's also a paper.
Speaker 5: So what's the difference between a bill that you get
Speaker 5: in the mail from the utility company or a federal
Speaker 5: reserve note?
Speaker 4: And the answer is nothing. That's the craziest part about it, right.
Speaker 5: So when you start to understand that, and then you
Speaker 5: understand that when you get you know, people get pissed
Speaker 5: off when they get parking tickets. I get super excited
Speaker 5: because what are they sticking underneath by window wiper?
Speaker 4: Cash?
Speaker 5: A parking ticket is cash, A utility bill is cash,
Speaker 5: a phone bill is cash.
Speaker 4: It's all cash.
Speaker 5: If it's in pay per form and it doesn't state
Speaker 5: the PAYE on it, which you're going to get into
Speaker 5: a moment, it's cash.
Speaker 4: Right.
Speaker 5: So if you're getting cash all the time from every
Speaker 5: direction and you're becoming the holder, how do you operate
Speaker 5: with all.
Speaker 4: Of this cash? Basically is the question? Right?
Speaker 5: And this is where things get really exciting. So and then,
Speaker 5: like I said, it's a super long, super complicated definition.
Speaker 5: And when you start seeing definitions like this from my
Speaker 5: mouse is and you just see it goes on and
Speaker 5: on and on with like tons of legal traum analogy.
Speaker 5: This basically means we don't want you to look here.
Speaker 5: The longer and crazier the definitions get, the more you
Speaker 5: know this is where you.
Speaker 4: Should be looking.
Speaker 2: Yeah, I mean, the the human intention span is dwindling
Speaker 2: by the day, you know, with all these short short
Speaker 2: form videos and whatnot. So yeah, I mean, the more
Speaker 2: words and the more complicated legal speak type of words
Speaker 2: that you can put to a definition, ain't nobody looking
Speaker 2: at that shit.
Speaker 4: And that's the whole point.
Speaker 5: You look at the word draw e means a person
Speaker 5: ordered in a draft to make a payment, nice and short,
Speaker 5: not that hard to understand. And then you look at
Speaker 5: the word endorsement, which I'm not even gonna bother trying
Speaker 5: to read because it's just gonna drive all your audience totally.
Speaker 5: You know, they're gonna be jumping out of windows and shit.
Speaker 5: But basically, like when you look a definition like this
Speaker 5: and it goes on and on and on, it makes
Speaker 5: you want to, you know, unalive yourself. It probably means
Speaker 5: this is where they don't want you looking. And honestly,
Speaker 5: in the whole world of financials, if there's one thing
Speaker 5: that the banks and all these people would just are
Speaker 5: just absolutely terrified of you ever finding out anything about
Speaker 5: it is about endorsements. Endorsements where all the power is okay,
Speaker 5: So we're going to get into that right now. So
Speaker 5: what are the various types of endorsements?
Speaker 4: Right?
Speaker 5: And again, endorsement is just shit that you write on
Speaker 5: something that basically makes it like exchangeable or transferable or redeemable.
Speaker 4: Okay, And you're basically.
Speaker 5: Writing the rules as the holder. The holder has the
Speaker 5: right to basically negotiate the instrument. Negotiation means a transfer
Speaker 5: of possession, whether voluntary or involuntary, of an instrument by
Speaker 5: a person other than the issuer to the person who
Speaker 5: of thereboy becomes this holder. But you can just skip
Speaker 5: that last part that can be a little confusing. It's
Speaker 5: just a transfer of possession. Let's just start with that.
Speaker 5: This is the first few words here. Negotiation is transfer
Speaker 5: of possession. So when you hear the term negotiable instrument,
Speaker 5: it's just an instrument that has value that can be transferred. Basically,
Speaker 5: It's that simple. And then what is negotiation. It's the
Speaker 5: actual act of transferring it essentially, right, how does a
Speaker 5: transfer occur through endorsements? Endorsement is the code. So let's say,
Speaker 5: for example, a negotiable instrument was basically had like a
Speaker 5: special code on it that basically in that code contained
Speaker 5: its like negotiation parameters. That code would be called the endorsement.
Speaker 5: If you can think of it that way, that would
Speaker 5: be a really good way of thinking about it.
Speaker 4: Right.
Speaker 5: So, there's a bunch of different types of endorsement, but
Speaker 5: there's really only three that we really need to understand
Speaker 5: in order to really be able to operate with negotiable instruments.
Speaker 5: There's the blank endorsement, the special endorsement, and the qualified endorsement. Okay,
Speaker 5: blank endorsement does not state the paye and automatically makes
Speaker 5: the instrument payable to the bearer.
Speaker 4: This is what people are doing all the time. So
Speaker 4: if you have.
Speaker 5: A promissory note and they slide the promissory note across
Speaker 5: the table and they say sign here, mister Williams, and
Speaker 5: you sign, and you do not state the paye of
Speaker 5: the note, you are doing a blank endorsement on that note,
Speaker 5: which makes the note payable to whoever has it. When
Speaker 5: you slide the note back across the table to the
Speaker 5: person who's taking it from you, they are now the
Speaker 5: holder of the note, and they now possess the value
Speaker 5: of that note, but you can write a special endorsement
Speaker 5: on it which states the paye, and you actually, as
Speaker 5: the holder, can state the paye and write it on
Speaker 5: the note before you issue it back to the person
Speaker 5: who's taking it from you. Now, I'm gonna explain how
Speaker 5: that works and that kind of thing.
Speaker 4: Okay.
Speaker 5: So the way I learned about this is I had
Speaker 5: my people go out and start getting copies of their
Speaker 5: mortgages and stuff like that, right, and we started finding
Speaker 5: this terminology on the mortgages in stamp form. And this
Speaker 5: is kind of when I started to kind of dig
Speaker 5: down this whole negotiable instrument endorsement rabbit hole. Right, So
Speaker 5: this is these are all endorsements from mortgages by banks. Okay,
Speaker 5: So you can see here the bank. So you know,
Speaker 5: you signed the mortgage with a blank endorsement, you didn't
Speaker 5: state the paye or anything. You handed it back to
Speaker 5: the bank. The bank took possession as the holder, and
Speaker 5: now they are negotiating the instrument in a completely different way.
Speaker 5: So this is their This is their endorsement without recourse
Speaker 5: paid to the order of Rocket Mortgage llc FKA Quicken
Speaker 5: Loans LLLC by that's an actual hand signature. And then
Speaker 5: who is the person signing it, Stephanie Beaver's what is
Speaker 5: that person's position in the financial company? Capture manager? And
Speaker 5: I started seeing the same terminology over and over again.
Speaker 5: Paid to the order of country Wide Home Loans Inc.
Speaker 5: Without recourse, Countrywide Document Customary Services, a division of Treasury Bank,
Speaker 5: and a buy signature. Lori Meter, Vice President, And then
Speaker 5: when she negotiated it to Countrywide Home Loans, Inc. And
Speaker 5: then country Wide Home Loans Inc. Further negotiated it again,
Speaker 5: paid to the order of without recourse country Wide Home
Speaker 5: Loans Inc.
Speaker 4: Buy Signature. David A. Specter, Managing Director.
Speaker 5: So most people know when you have a mortgage, typically
Speaker 5: whatever the banking institution is, they sell it to another
Speaker 5: institution within sixty days typically whenever you have a mortgage.
Speaker 5: I'm sure you guys are aware of that, right right,
Speaker 5: this is what they're doing. So they take the original
Speaker 5: note and they're writing these endorsements on the note in
Speaker 5: order to further negotiate the note to the next party
Speaker 5: who's going to become the holder. And this is all
Speaker 5: banking information, right. So here's another example.
Speaker 4: Pay to the.
Speaker 5: Order of PhH Mortgage Corporation without recourse Town and Country Bank.
Speaker 5: This one isn't even signed. You could actually you could
Speaker 5: actually sue on this one, and that'd be an interesting lawsuit.
Speaker 5: This was never even legally transferred properly. There's no signature, right,
Speaker 5: That's not what we're going to get into on this show.
Speaker 5: What I'm gonna teach you is way better than that.
Speaker 5: But anyways, here's another one without recourse. Pay to the
Speaker 5: Order of Crick and Loans LLC. Buy.
Speaker 4: Here's a signature name, capture manager. You're seeing.
Speaker 5: It's the same thing over and over again. So again
Speaker 5: we have three types of the three main types of
Speaker 5: endorsements that they're going to be seeing and using. The
Speaker 5: blank endorsement, the special endorsement, and the qualified endorsement. You're
Speaker 5: doing a blank endorsement. You're not stating any any any
Speaker 5: interest in the note. You're giving it to them. The
Speaker 5: instrument becomes payable to the bearer anybody who possesses it.
Speaker 5: They're claiming the instrument and then making it payable to
Speaker 5: basically to themselves essentially. And this is all check It's
Speaker 5: all the same terminology I'll see on a check check picture,
Speaker 5: pay to the order of is the terminology used right
Speaker 5: here on your checks when you write someone's name or
Speaker 5: a business here, pay to the order of. And then
Speaker 5: this is your endorsement line. They call it a signature,
Speaker 5: but it's actually an endorsement. And this this check is
Speaker 5: a negotiable instrument. It's an unconditional order to pay. You're
Speaker 5: ordering the bank to pay Jane Smith. The paye paid
Speaker 5: to the order of is Jane Smith. And then this
Speaker 5: is your endorsement, and you're you're it's an unconditional order
Speaker 5: to pay you John are unconditionally ordering bank whatever bank,
Speaker 5: this is to pay Jane Smith. So this is a
Speaker 5: negotiable instrument in itself. So what is this thing. It's
Speaker 5: an unconditional order to move, unconditional promises to pay from
Speaker 5: this account listed on the check to Jane Smith's account.
Speaker 2: So on the I know, all just negotiable instruments. On
Speaker 2: the back of a check. It does say endorsement where
Speaker 2: you're supposed to like sign it on the back. That's
Speaker 2: an E endorsement, not the IE endorsement. Does it matter
Speaker 2: in that context?
Speaker 4: I don't think it does. It's the same term.
Speaker 5: As far as I can tell, I'm not one hundred
Speaker 5: percent you're on that, But as far as I can tell,
Speaker 5: it's the same term.
Speaker 4: Yeah, okay, So you can do all sorts.
Speaker 5: Of different things in the back of those checks, right,
Speaker 5: and you can do all sorts of things on the
Speaker 5: front of the check too. People don't realize you're endorsing
Speaker 5: the front of the check too. They don't for some reason,
Speaker 5: they don't put that on there. They say signature signature.
Speaker 5: Endorsement means a signature. So it's the same thing. You
Speaker 5: can see it right here, right, So basically, what exactly
Speaker 5: is the bank doing?
Speaker 4: Right?
Speaker 5: And this is the part where we're going to answer
Speaker 5: your question like why are they doing this? Like where's
Speaker 5: the value in this?
Speaker 4: Right?
Speaker 5: The Federal Reserve Discount Window f RB discount window dot
Speaker 5: o RG Right, And you know when they say, you know,
Speaker 5: when they say inflation and they say like economic downturn
Speaker 5: and they talk about, you know, FED interest rates, this
Speaker 5: is what they're talking about when they say Fed interest rates,
Speaker 5: They're talking about interest rates at the Federal Reserve discount window.
Speaker 5: So how does the Federal Reserve discount window work? Twelve
Speaker 5: USC four one two tells you exactly how to use
Speaker 5: the Federal Reserve discount window application for notes collateral required.
Speaker 5: Any Federal Reserve Bank may make application to the local
Speaker 5: Federal Reserve Agent for such amount of the Federal Reserve
Speaker 5: notes here and before provided for as it may require.
Speaker 5: So everybody knows the Federal Reserve prince money or prince currency.
Speaker 5: You know, currency is actually you look at the definition
Speaker 5: of the word currency, it includes notes and bills and stuff,
Speaker 5: so the proper term wouldn't be money, it actually be currency,
Speaker 5: which is why it says writing UCC three, they're talking
Speaker 5: about negotiable instruments, not money, right. But it's confusing because
Speaker 5: then they use the word money in a bunch of
Speaker 5: the other areas, so it's just really stupid. Obviously it's
Speaker 5: made to confuse people. Right, So back to this, such
Speaker 5: application shall be accompanied with a tender. Tender means an
Speaker 5: unconditional offer, by the way, So like if you're going
Speaker 5: to give someone a silver coin or a Federal Reserve note,
Speaker 5: if you extend your hand and you offer it unconditionally,
Speaker 5: that would be a tender.
Speaker 4: That's the legal definition of the word tender.
Speaker 5: Okay, So such application shall be accompanied with a tender
Speaker 5: to the local Federal Reserve Agent of collateral an amount
Speaker 5: equal to the sum of the federal Reserve notes thus
Speaker 5: applied for.
Speaker 4: So basically what are they saying.
Speaker 5: They're saying, if you want federal reserve notes, all you
Speaker 5: have to do is write an application for notes and
Speaker 5: give us some kind of negotiable instrument to exchange as collateral.
Speaker 5: And they say right here in the next line, the
Speaker 5: collateral security thus offered shall be notes, drafts, bills of exchange,
Speaker 5: et cetera. And they get into all sorts of other things, right,
Speaker 5: but it's all the same shit. So if I were
Speaker 5: to say all this in English, it would be, Hey,
Speaker 5: if you want federal reserve notes, come to our discount window,
Speaker 5: write up an application and give us some kind of
Speaker 5: other note or draft or bill, and we'll swap them
Speaker 5: for you at the.
Speaker 4: Rate at these rates.
Speaker 5: So what's happening is if we go back to these
Speaker 5: mortgage notes. So what's happening is is the you're not
Speaker 5: getting a loan. No one's ever gotten a loan in
Speaker 5: there since nineteen thirty three. And the reason why is
Speaker 5: because what's happening as the bank, you're doing a blank endorsement.
Speaker 5: The bank takes possession as the holder, the bank is
Speaker 5: making the note payable to themselves. That this is all
Speaker 5: in preparation to either sell the note or to go
Speaker 5: to the window. So this mortgage has the value of
Speaker 5: whatever you promise to pay. So you promise to pay
Speaker 5: seven hundred thousand dollars at four percent interest over thirty years, right,
Speaker 5: So the note is actually worth the full value. So
Speaker 5: it's worth the full value of the full maturity of
Speaker 5: the note. So it's worth like one point three million.
Speaker 5: So they're making the one point three million payable to themselves,
Speaker 5: and then they're going to the Federal Reserve discount window.
Speaker 5: The Federal Reserve Discount Window takes their five percent and
Speaker 5: then gives them back the one point three seven million
Speaker 5: or whatever it is. And they turn around and they
Speaker 5: give you the seven hundred thousand, and then theyde five
Speaker 5: hundred grand on the goddamn thing before you even make
Speaker 5: us a single payment.
Speaker 2: Sketchy dude. It's it's just all one big ass scam, dude.
Speaker 2: It's like, right.
Speaker 5: And it gets crazier because you've noticed that they're doing
Speaker 5: the special endorsement. They're also doing this without recourse thing
Speaker 5: without recourse, Right, So you type into the internet, what
Speaker 5: without recourse. And this this actually even gets this is
Speaker 5: actually even creazy. This is where it gets really crazy,
Speaker 5: by the way. So, so in financial transaction it's called
Speaker 5: a qualified endorsement.
Speaker 4: They don't say that here, I don't think, but that's
Speaker 4: what it's called.
Speaker 5: In financial transactions, without recourse disclaims any liability to the
Speaker 5: subsequent holder of a financial instrument. Thus, endorsing a check
Speaker 5: and adding without recourse to the signature means that the
Speaker 5: endorser takes no responsibility if the check bounces for insufficient funds.
Speaker 5: So what what is without recourse? It means, like people
Speaker 5: always say, like a lot of the naysayers, they always say, oh, well, Brandon,
Speaker 5: if they go to the Federal Reserve discount window, they're
Speaker 5: basically getting a loan from the Federal Reserve on the
Speaker 5: original vote. That's true, and they would have to pay
Speaker 5: back that loan if they didn't put without recourse, because
Speaker 5: they put without recourse on these on these documents.
Speaker 4: Without recourse.
Speaker 5: Without recourse basically in English means you can keep this
Speaker 5: note and I'm never going to give you anything more
Speaker 5: on this, and this is it. This is all you're
Speaker 5: ever going to get. So what's happening is is that
Speaker 5: people like the naysayers will say, oh, yeah, but they
Speaker 5: have to pay back the Federal Reserve on this loan. No,
Speaker 5: they don't because they use the without without recourse qualified endorsement.
Speaker 5: So when they walk away from the Federal Reserve discount window,
Speaker 5: they the Federal Reserve gets the full value of the node,
Speaker 5: and then they get Federal Reserve notes in exchange minus
Speaker 5: the five percent discount fee. That's why it's called the
Speaker 5: Federal Reserve discount window. So the Federal Reserve walks away
Speaker 5: with that original note essentially collateralized. The banking institution that's
Speaker 5: basically operating as a middleman between you and the Federal
Speaker 5: Reserve gets the Federal Reserve notes free and clear. They
Speaker 5: never have to pay the Federal Reserve back any of this.
Speaker 5: So what happens is now on your mortgage, they've already
Speaker 5: made five hundred thousand dollars on your mortgage immediately before
Speaker 5: you even got your funds. They already made five hundred
Speaker 5: thousand dollars on the transaction. Plus they own your house
Speaker 5: as collateral on the loan. Plus you're going to be
Speaker 5: paying them now for the next thirty years. Plus now
Speaker 5: what they do is they're all in bed together. So
Speaker 5: in the next sixty days they sell the full value
Speaker 5: of the note at seventy percent of its value. So
Speaker 5: what's actually happening is within sixty days they've made millions
Speaker 5: of dollars on your original node, and plus if you
Speaker 5: don't pay after fifteen years, they take the whole house
Speaker 5: back and they do the whole cycle over again with
Speaker 5: somebody else.
Speaker 2: So this is done by banks and the Federal Reserve
Speaker 2: is okay, hay with this or are they also profiting
Speaker 2: from this in some form or fashion or is it
Speaker 2: mainly just the banks that are taking all this to
Speaker 2: the bank?
Speaker 5: Well, we can we can assume we've already covered earlier
Speaker 5: that the Ninth Circuit Court of Appeal has already said
Speaker 5: that they've dug into this in great detail, and they've
Speaker 5: figured out that the Federal Reserve is a completely private corporation,
Speaker 5: locally controlled and whatever.
Speaker 4: Right, So.
Speaker 5: The banking institutions, I believe, are basically government instrumentalities essentially, right.
Speaker 5: I haven't gone super terribly far down that rabbit hole,
Speaker 5: but basically you have the banks and the financial institutions,
Speaker 5: and the credit card companies and the MX's they're basically
Speaker 5: operating as middle men between US and the Federal Reserve
Speaker 5: Discount Window. It's basically all it is. So so when
Speaker 5: you have your credit card and you use your credit
Speaker 5: card and you produce an unconditional promise to pay with
Speaker 5: American Express, American Express is digitally instantaneously swapping your unconditional
Speaker 5: promise to pay for Federal Reserve notes at the Federal
Speaker 5: Reserve Discount Window. There's two different systems. There's fed wire,
Speaker 5: which is the older system used for larger transactions. When
Speaker 5: they write an endorsement on the face of a mortgage
Speaker 5: and then they go and they exchange that mortgage document
Speaker 5: for Federal Reserve notes. They're probably using fedwire for smaller
Speaker 5: transactions like credit card transactions and stuff like that. They're
Speaker 5: probably using fed now, which is the other system. It's
Speaker 5: an instantaneous system and it's very new. It came just
Speaker 5: last year, right, so nowadays, they're probably using fed now
Speaker 5: for a lot of the credit card transactions, and they
Speaker 5: were probably using fedwire for a lot of the credit
Speaker 5: card transactions prior to July of twenty twenty three. But
Speaker 5: basically what's happening is is your currency that you just manufactured.
Speaker 5: It was swapped on fedwire for Federal Reserve notes, and then,
Speaker 5: because you don't know how to endorse and negotiate, you
Speaker 5: basically deposited this unconditional promise to pay and never claimed it.
Speaker 5: And at the end of the month, when they send
Speaker 5: you a quote unquote bill, what they're actually sending you
Speaker 5: is a statement of all of the unconditional promises to
Speaker 5: pay that you deposited on the account. And it gets
Speaker 5: even crazier if you think about it. So the interest rates,
Speaker 5: like oh, you got to pay twenty seven percent interest
Speaker 5: or eighteen percent interest, that's actually payable to you. You're
Speaker 5: the one that creates the currency and then deposits it,
Speaker 5: deposits it, they're able to basically use the value of
Speaker 5: that currency, and then the interest value is actually payable
Speaker 5: to you. You're actually supposed to be getting the investment
Speaker 5: the interest. So the higher interest rates is actually what
Speaker 5: you want, not lower interest rates. It's just because nobody
Speaker 5: understands any of this. They everybody's trying to get the
Speaker 5: lowest interest rate. You actually want the highest interest rate possible.
Speaker 5: Everything you do, you should be asking for the absolute
Speaker 5: highest interest rate you can possibly get. Because that interest
Speaker 5: is actually payable to you when you actually claim the
Speaker 5: instruments as yours.
Speaker 4: You created the.
Speaker 5: Instrument, and then you're failing to claim ownership of the instruments.
Speaker 5: That's really all that's happening.
Speaker 3: But doesn't that mean a higher note? What do you mean,
Speaker 3: for instance, buying a home? If you want a high
Speaker 3: interest rate when you buy a home, doesn't that mean
Speaker 3: that your monthly payment's going to be higher?
Speaker 5: There wouldn't be a monthly payment because if you claim
Speaker 5: the original note as yours and you actually endorse it properly,
Speaker 5: the house instantaneously pays for itself.
Speaker 4: There would be no payments.
Speaker 2: Okay, So is this hypothetical or are people actually get
Speaker 2: like doing this kind of stuff and proving that you
Speaker 2: can do it?
Speaker 5: So with the irssets really really really really easy. With
Speaker 5: everything else, it's really really really difficult.
Speaker 4: Actually no, I take that back.
Speaker 5: So collections and medical bills and irs, collections, medical bills
Speaker 5: and irs super easy.
Speaker 4: You can do this, very very easy. They'll accept it.
Speaker 4: It's fine.
Speaker 5: Everything else under the sun, moon and stars super tough.
Speaker 5: You have to litigate. They treat you like a crazy person.
Speaker 5: They call you a sovereign citizen all this craziness, right.
Speaker 5: So basically, but let's go a little far. Let me
Speaker 5: let me explain the last parts of this and then
Speaker 5: we'll and then we'll jump into the reality of what's
Speaker 5: actually occurring in this world and litigation and all that stuff. Okay,
Speaker 5: So you get an unconditional promise to pay, order to pay,
Speaker 5: you become the holder, You endorse the instrument to prepare
Speaker 5: it for negotiation, which is what you're doing all the
Speaker 5: time anyways, and you just don't realize it. Here's an
Speaker 5: example of what something I could write on mind that
Speaker 5: would look exactly the same as what a banquet would
Speaker 5: be doing. Is without recourse, pay to the order of
Speaker 5: Brandon Joe Williams by Williams, Brandon Joe agent.
Speaker 4: Right now.
Speaker 5: At that point, you're going to tender it back to
Speaker 5: the person entitled to enforce the instrument, which is whoever
Speaker 5: it is that it's supposed to be payable to, or
Speaker 5: whoever it is that is going to be coming after
Speaker 5: you if you don't pay it right now at that point.
Speaker 5: If you read UCC three or you go through my
Speaker 5: journey into UCC three video series six part video series,
Speaker 5: you'll see at this point legally, what they have to
Speaker 5: do is they have two options. They can either apply
Speaker 5: the amount as a payment hooray, or they can dishonor
Speaker 5: the instrument in accordance with the rules of dishonor, which
Speaker 5: is found at UCC three DASH five oh two. There's
Speaker 5: two sets of rules of dishonor. One set of rule
Speaker 5: is dishonoring a note, and the other set of rules
Speaker 5: is dishonoring a draft, which is subsection B. Right, So
Speaker 5: if you have if you have a draft on conditional
Speaker 5: order to pay, and you endorse it and tender it back,
Speaker 5: they can dishonor it under B one, B two, B three,
Speaker 5: or B four.
Speaker 4: If you send in a note.
Speaker 5: Or if they give you a note, or if you
Speaker 5: endorse a note and send it back and they try
Speaker 5: to dishonor it, they can only dishonor it under A one,
Speaker 5: A two, or A three. Okay, Now, the problem is
Speaker 5: they've never they'll never do this. They've never done this.
Speaker 5: We've never ever had a single report of any organization
Speaker 5: dishonoring a note or draft. They basically just say, they
Speaker 5: basically just write you a letter saying that what you
Speaker 5: sent it is not going to be accepted. As payment
Speaker 5: and you know it doesn't change anything, and bought well,
Speaker 5: just a bunch of horse ship basically, right. So what
Speaker 5: happens is UCC three dash six oh three B activates
Speaker 5: tender of payment. So if you get a bill and
Speaker 5: you endorse it and send it back to the correct person,
Speaker 5: if tender of payment of an obligation to pay an
Speaker 5: instrument is made to the person entitled to enforce the
Speaker 5: instrument and the tender is refused, So dishonor is a
Speaker 5: particular term. They're not talking about dishonor. They're talking about
Speaker 5: just refusal, which is basically what they're doing all the time,
Speaker 5: which is we're not accepting your payment. There is discharge
Speaker 5: to the extent of the amount of the tender. So
Speaker 5: what does that mean if you send in a a
Speaker 5: if you endorse an instrument and send it back the instrument,
Speaker 5: an unconditional order to pay or promise to pay is
Speaker 5: the same value in law as a federal reserve note.
Speaker 5: Fiat is fiat. Anyone can manufacture a promise to pay.
Speaker 5: That's the whole point of a fiat system, right. So,
Speaker 5: because it's Fiat and there's just not tied down to anything,
Speaker 5: anybody can do anything. If you promise to pay, or
Speaker 5: if you endorse an order to pay and send it
Speaker 5: back and they refuse it, it still applies to the account.
Speaker 5: So basically, if you translate this into English, they can't refuse.
Speaker 5: They can't refue use. It's physically impossible. So when they
Speaker 5: do refuse it, meaning when they do send you that
Speaker 5: letter and the letter says we're not going to accept
Speaker 5: your payment, what they're sending you is they're sending you
Speaker 5: evidence that you can now use in litigation that subsection
Speaker 5: that three to six oh three B activated and now
Speaker 5: you need a court order to get the original payment,
Speaker 5: which has already been accepted and refused applied to the account.
Speaker 5: So basically, in a nutshell, they can't refuse you doing this.
Speaker 5: It's a physical and legal impossibility for them to stop
Speaker 5: you from doing this activity that they do it anyways,
Speaker 5: but legally they can't, and that's where litigation comes into play.
Speaker 5: So we have a lot of litigation involving this. Now,
Speaker 5: the IRS is super super easy to do this with.
Speaker 5: So let's say you have one hundred thousand dollars an
Speaker 5: IRS dot. You can get that to just vanish so
Speaker 5: fucking easily it's unbelievable.
Speaker 4: We've done it. We've done that a million times. Right.
Speaker 4: So if you go to.
Speaker 5: This section here of the Internal Revenue Manual, they literally
Speaker 5: tell you how you can use this information to get
Speaker 5: your IRS bills to vanish. Right, So let's go and
Speaker 5: read that here we are on the IRS website. Are
Speaker 5: going to go down to where it talks about a
Speaker 5: bill of exchange.
Speaker 4: Right.
Speaker 5: So this is the Internal Revenue Manual, section three dot eight.
Speaker 4: Dot forty five dot five dot ten dot one.
Speaker 5: It's called bill of exchange, which is the same thing
Speaker 5: as the word draft, which is the same thing as
Speaker 5: an unconditional order to pay. It's all the same terminology.
Speaker 4: Right.
Speaker 5: If a bill of exchange or registered bill of exchange
Speaker 5: is received from a taxpayer authorizing the campus to settle
Speaker 5: their account through fedwire, send everything received to the following address.
Speaker 5: Department of the Treasury, Office of Executive Secretary, fifteen hundred
Speaker 5: Pennsylvania Avenue, Northwest, Room three four one three, Washington d
Speaker 5: C two zero two two zero. So what did I do?
Speaker 5: Did exactly what they told me to do. They sent
Speaker 5: me three or four bills, which are bills of exchange.
Speaker 5: I indorsed the bills of exchange using the endorsements that
Speaker 5: we've talked about on the show. I authorized the campus,
Speaker 5: which means the irs to settle the account through fedwire,
Speaker 5: which is the system used to get into the Federal
Speaker 5: Reserve discount window. I have a little cover letter here
Speaker 5: that you can download straight from my website. It's called
Speaker 5: authorization for campus to settle the account of a taxpayer
Speaker 5: using a bill of exchange or registered bill of exchange,
Speaker 5: this process through fedwire. It just says where it's coming from,
Speaker 5: who it's going to. This is the same address we
Speaker 5: saw on the IRM. I have the literal exact wording
Speaker 5: from the IRM right here, and then it just says,
Speaker 5: I would like to take a moment to thank you
Speaker 5: for the service of which you offer to settle the
Speaker 5: account of the so proprietor slash individual on my behalf
Speaker 5: using fedwire and closing. This envelope is the original bills
Speaker 5: of exchange since specifically did the sole proprietor ship slash
Speaker 5: individual named Brandon Williams, which is a DBA for Brandon
Speaker 5: Joe Williams.
Speaker 4: Brandon Joe Williams is.
Speaker 5: Not the draw e drawer or accept or and is
Speaker 5: here by negotiating these instruments back to you, as the
Speaker 5: person entitled to enforce the instruments. Please find the enclosed
Speaker 5: bills of exchange, all endorsed with qualified and special endorsements
Speaker 5: for your processing in accordance with UCC three that's three
Speaker 5: on one or at state adaptation equivalent and irmsection three
Speaker 5: dot eight dot forty five dot five dot ten dot one.
Speaker 4: Myself and my nation thank you for your services.
Speaker 5: And they have not contacted me since, and they stopped
Speaker 5: sending me bills. And this was all the way back
Speaker 5: in November when I sent this in. And it's not
Speaker 5: just me, We've had dozens of people doing this. The
Speaker 5: IRS is very very easy to work with. When it
Speaker 5: comes to this stuff, your IRS bills will vanish.
Speaker 2: So is it not stacking up against you somewhere in
Speaker 2: some office that they're hoping to just plan on fucking
Speaker 2: you majorly one day, or you went their legal route
Speaker 2: to and they have nothing to say back to you,
Speaker 2: so that's why they don't reach back.
Speaker 5: Well, they say, here, what does it say if a
Speaker 5: bill of exchange or registered bill of exchange is received
Speaker 5: from a taxpayer authorizing the campus to settle their account
Speaker 5: using FED wire so if you break it down, they
Speaker 5: what do they need to do this for you? If
Speaker 5: you read the sentence, what they need is this word
Speaker 5: right here. They need authorization. So if you reverse engineer
Speaker 5: the sentence, what does that mean? They can't do it
Speaker 5: without your authorization. And the problem is nobody knows any
Speaker 5: of this information and nobody's authorizing.
Speaker 4: Them do it.
Speaker 2: So is this what they mean whenever they say paying
Speaker 2: taxes is like voluntary?
Speaker 5: No, they mean literally filing the documentation or filing anything anything.
Speaker 4: I mean this is.
Speaker 5: So in order to get a bill from the IRS,
Speaker 5: you would have had to already voluntarily given them information.
Speaker 5: If you didn't voluntarily give them information, they would have
Speaker 5: never sent you a bill. But let's say you have
Speaker 5: some huge monster tax bill and they're filing a lien
Speaker 5: on your home over a four hundred thousand dollars tax bill.
Speaker 5: I just taught you how to get that tax bill.
Speaker 5: LOO just vanished immediately, and they'll take the tax lien
Speaker 5: off your property. You may need to call them or
Speaker 5: to follow up on it to make sure it gets
Speaker 5: processed if they do have a lien on your property,
Speaker 5: to make sure that lian gets removed. But this is
Speaker 5: how you do it. They're just waiting for your authorization.
Speaker 3: So you're talking about a lot about litigation here and
Speaker 3: going about this the legal route. And this is assuming
Speaker 3: of course that the laws in the court system does
Speaker 3: apply to the individual.
Speaker 4: Right.
Speaker 5: Well, you see see Article three. So basically you see
Speaker 5: see Article three. If you type it in to you know,
Speaker 5: is the UCC law at the level? Right, So the
Speaker 5: answer to that is no. And if you go into
Speaker 5: the Uniform Law Commission website, it says here, the Uniform
Speaker 5: Commercial Code is a comprehensive set of laws governing all
Speaker 5: commercial transactions in the United States. It is not federal law,
Speaker 5: but is uniformly adopted state law. So when you go
Speaker 5: into court, like federal court, it's a little bit weird
Speaker 5: and funky, like sometimes the judges will let you use it,
Speaker 5: and sometimes they won't. It's kind of weird. I haven't
Speaker 5: really totally figured that out yet. Whereas in California it's
Speaker 5: really simple. California Commercial Code is the UCC at the
Speaker 5: state level. And if I go into a state court
Speaker 5: using the California Commercial Code, which is all the same
Speaker 5: terminology you can even see here, it's not called Article three.
Speaker 5: It's called Division three you click here, it's got six chapters,
Speaker 5: just like the UCC does.
Speaker 4: If we click on UCC three and then we go into.
Speaker 5: The same section we saw before one O four the
Speaker 5: definition of a negotiable instrument. Right here, it's called three
Speaker 5: to one oh four here and in the in the
Speaker 5: in the UCC, it's called three dash one oh four.
Speaker 4: Let me just see if I can find it.
Speaker 5: So it's the same. It's it's pretty much the exact
Speaker 5: same terminology. It's just you wouldn't call it the UCC,
Speaker 5: you'd call it the CCC at that point. Right, So
Speaker 5: three dash one oh four. Here's the terminology. A, except
Speaker 5: as provided in subsection CND, negotiable instrument means an unconditional
Speaker 5: promise or order to pay. And now let's go over
Speaker 5: to the California Commercial Code A accept as provided in
Speaker 5: subsection CND, negotiable instrument means an unconditional promise or order
Speaker 5: to pay.
Speaker 3: But this is again only under the assumption that the
Speaker 3: laws apply to the individual if they are in fact
Speaker 3: a citizen. Right.
Speaker 5: Uh, Well, that's well, that's a whole nother conversation that
Speaker 5: that's that's a whole nother conversation, because the thing is
Speaker 5: is that as a state citizen, you really aren't going
Speaker 5: to be bringing these kinds of claims as a state citizen.
Speaker 5: What you're going to be doing is you're going to
Speaker 5: be using your your sole proprietorship to bring these kinds
Speaker 5: of claims.
Speaker 4: Right.
Speaker 5: You're gonna be using a commercial a commercial entity to
Speaker 5: bring commercial claims.
Speaker 4: Right.
Speaker 5: So that's a whole nother conversation. But basically, if someone
Speaker 5: sued you for a commercial thing, or if a bank
Speaker 5: sues you over not paying some sort of American Express bill,
Speaker 5: that's why your name is in all capitol letters. They're
Speaker 5: referring to the sole proprietorship in that lawsuit, right, So
Speaker 5: you're going to be operating through that sele proprietorship in
Speaker 5: that lawsuit. But the thing is that you know you're
Speaker 5: basically the endorser on behalf of the sole proprietorship. And
Speaker 5: I don't know if we covered that last time. You
Speaker 5: know you can actually see that on the check.
Speaker 3: On the back.
Speaker 4: Yeah, no, the micro print. Did we cover that last
Speaker 4: time in the show?
Speaker 3: The micro print?
Speaker 4: I don't think. Yeah.
Speaker 5: So if you pull out your checkbook or if you
Speaker 5: look at a check, it says MP right here where
Speaker 5: you endorse the front.
Speaker 4: Right, What is MP on a check? Right?
Speaker 5: It stands for microprint, And you ask yourself, well, what
Speaker 5: the fuck are the micro printing? You have to zoom
Speaker 5: way in or use a magnifying glass. But if you
Speaker 5: look really closely at the line underneath where you sign
Speaker 5: on your checks, it's actually not a line. It's actually
Speaker 5: the word authorize signer or authorized signature over and over
Speaker 5: and over and over and over in microprint. When you
Speaker 5: look up on the internet and you start digging around,
Speaker 5: you find out what is the definition of authorized signer.
Speaker 5: It's somebody who's signing or endorsing on behalf of an
Speaker 5: entity or business.
Speaker 3: Okay, I'm with you, So.
Speaker 5: Your name in all capital letters is a business. A
Speaker 5: personal account is a business account. You're just a endorser.
Speaker 5: You're just the authorized signer or authorized user on the account.
Speaker 5: You aren't actually the account holder. And another area where
Speaker 5: I can prove this very very easily is twenty six
Speaker 5: CFR three oh one dot seven seven one dash eleven,
Speaker 5: where it says literally in black and white right in
Speaker 5: the tax code, the social Security number means the taxpayer
Speaker 5: identifying number of an individual or an a state.
Speaker 4: People always think oh, well, I'm an individual. Okay.
Speaker 5: Well, if we go to the SS four application for
Speaker 5: an EI number and we look down in the section
Speaker 5: entitled types of entities, we're going to cross reference what
Speaker 5: we just saw over here, and it says here it's
Speaker 5: an EI in number of an individual or inn a state.
Speaker 5: If you look under a state, it does say SSN.
Speaker 5: Where else do we see the term SSN over here?
Speaker 5: Doesn't say an individual, it says sole proprietor. Right now,
Speaker 5: we look up what is a sole proprietorship? I think
Speaker 5: we covered this in the last show I did with
Speaker 5: you guys, so maybe not yea. What is a self proprietorship?
Speaker 5: It is somebody who owns an unincorporated business by themselves, right,
Speaker 5: so it's a business. The word individual means business, and
Speaker 5: what is that business? It's just your name in all
Speaker 5: capital letters.
Speaker 3: Well, that makes sense with the EI in because as
Speaker 3: far as the tax is concerned, like an LLC, if
Speaker 3: you're a sole proprietorship, they see that the income of
Speaker 3: the LLC and your personal income that's one and the same.
Speaker 3: That's interchangeable dialogue to them.
Speaker 5: One person LLC operates the same way as a sell proprietorship.
Speaker 3: Exact same thing.
Speaker 5: Yeah, but the thing is that you, I mean, come on,
Speaker 5: I mean, you aren't a business. It's pretty simple. It
Speaker 5: doesn't take a rock assignedist through that one out right.
Speaker 5: You you are not a business. I am not a business.
Speaker 5: You are not a business. There's a business here of
Speaker 5: my name in all capital letters. They want to say
Speaker 5: that me and the business are the same thing. That's ridiculous.
Speaker 5: It's just not true, and you can deflect that in court.
Speaker 5: The only cases I've ever seen where they specifically lay that.
Speaker 4: Down as law, one of the main ones.
Speaker 5: Is actually a rico case where they're trying to get
Speaker 5: jurisdiction over somebody through a rico and that's when they said, like, oh,
Speaker 5: the sole proprietorship.
Speaker 4: And the person of the same thing.
Speaker 5: But keep in mind a lot of the references that
Speaker 5: I've seen on that all come from district court cases,
Speaker 5: not from appeals or Supreme court cases, So people don't
Speaker 5: realize case law and precedent is not made at that
Speaker 5: first level. It's made at the appellate court or at
Speaker 5: the Supreme court level. So anything that happens below those
Speaker 5: levels at the first level district court or state court
Speaker 5: or superior court. It's called a persuasive authority, so it
Speaker 5: doesn't have the same weight as case law. It becomes
Speaker 5: persuasive not precedent. Precedent is not made at that first level.
Speaker 5: It's only made at the pellet or the supreme court level.
Speaker 5: So this whole idea that the soul proprietorship or a
Speaker 5: single person LLC, this whole thing that where the person
Speaker 5: or the owner and the business operate as one person
Speaker 5: is just it's bullshit.
Speaker 4: It's something you can easily fight. You aren't a business.
Speaker 5: Come on, it's it's like a fucking rockets signed to
Speaker 5: figure that one out, right, So the term individual means business, right,
Speaker 5: So when you sign your check authorized signer, it's it's
Speaker 5: you are the authorized signer on behalf of your business.
Speaker 5: And that's why the I R s can get into
Speaker 5: your account whenever they want, or the government can get
Speaker 5: into your account whenever you want, because it's not your
Speaker 5: your's not your account. Because if you think about it, Okay,
Speaker 5: so you have this business of your name in all
Speaker 5: capital letters, did you open that business? And if the
Speaker 5: answer is no, which it is no, then who the
Speaker 5: fuck opened it? Where the fuck did they come from.
Speaker 3: Got you, Okay. I didn't mean to detract from the
Speaker 3: points you're trying to make here, But as you're talking
Speaker 3: about the law system, it's like, okay, wait if the
Speaker 3: law applies to you, right, because I know a lot
Speaker 3: of people that believe in and I'm not saying the
Speaker 3: sovereign citizen shit right, Just like you said, whenever you
Speaker 3: send the paperwork in, they'll call you crazy, they'll call
Speaker 3: you a sovereign citizen, They'll they'll hit you with leans
Speaker 3: and all these things. And that only applies if you
Speaker 3: abide by the laws that a citizen would abide by.
Speaker 3: But that that's kind of open a conjecture in this
Speaker 3: way of thinking as well.
Speaker 5: Correct, Well, the banks and the banking institutions will turn
Speaker 5: around and tell you that you're full of shit and
Speaker 5: that's not real and we're not under those laws. So
Speaker 5: all these different lawyers and accountants and banks, you know,
Speaker 5: they'll sit here and say, oh, sovereign citizens don't fallow
Speaker 5: the law, But then when it's time for them to
Speaker 5: follow the law, they'll do the same shit right back
Speaker 5: to us.
Speaker 4: So you know, you can point the finger wherever you want.
Speaker 5: I'm literally in a case suing the Small Business Administration
Speaker 5: of the United States, where a d J attorney.
Speaker 4: If you go to if you go to forty two USC.
Speaker 5: Ninety one O two, sub Section eighteen, Definition B, you
Speaker 5: will see the definition of the term United States citizen means,
Speaker 5: and it says A B and C. Right, look at number,
Speaker 5: look at letter B any federal, state, or local government
Speaker 5: in the United States, or any entity of any such government. Right,
Speaker 5: I'm suing the United States Small Business Administration and the
Speaker 5: DOJ attorney. The defense that he used was sovereign immunity.
Speaker 5: You can't even make this shit up. I literally he
Speaker 5: called me a sovereign citizen and then said his client,
Speaker 5: the United States Small Business Administration, which is a United
Speaker 5: States citizen, has sovereign immunity. So literally, the government is
Speaker 5: calling itself a sovereign citizen while calling me a sovereign citizen.
Speaker 5: They're using a sovereign citizen defense. I'm literally going to appeals,
Speaker 5: and part of my appeal is going to be why
Speaker 5: is the government being allowed to use a sovereign citizen defense?
Speaker 5: They are a US citizen, but they're saying they have
Speaker 5: sovereign immunity, which is ridiculous. It's literally sovereign citizen. The
Speaker 5: d o J is literally saying that the US Small
Speaker 5: Business Administration is a sovereign citizen.
Speaker 4: You can't make this shit up.
Speaker 1: Wow, it's like they just make up rules as they
Speaker 1: go at that point.
Speaker 4: Well, they think they could do that, but they're not
Speaker 4: doing that with me.
Speaker 1: Mm fuck yeah, dude, keep on after him. Hold them accountable.
Speaker 5: Yeah, so so so it when it serves them, they
Speaker 5: call you a US citizen. But then when it's when
Speaker 5: you know, when it serves them, they'll call themselves a
Speaker 5: US a sovereign citizen.
Speaker 4: I guess. I mean that's new to me, but you
Speaker 4: know that's what they do, I guess. So.
Speaker 3: So all right, so back back to what we were
Speaker 3: talking about here as far as the finances go. So
Speaker 3: I'm trying to remember where we were at before I
Speaker 3: asked that question. We were talking about I remember you
Speaker 3: saying basically getting leans taken off your house.
Speaker 5: Well, like I said, IRS, medical bills and anything that's
Speaker 5: in collections, it's really really easy to do this shit
Speaker 5: with you endorse it, tender it back with the cover letter,
Speaker 5: and it's it'll go away really easy.
Speaker 4: Everything else is pretty tough.
Speaker 5: Mortgages you're gonna you're gonna need to get into a
Speaker 5: prolonged litigation battle U credit card companies.
Speaker 4: UH you're going to uh.
Speaker 5: Send in the bill that you get at the end
Speaker 5: of the month with an endorsement and a cover letter.
Speaker 5: The chances are they're going to close your account down
Speaker 5: immediately and then you have to sue them, and that
Speaker 5: becomes a whole long battle.
Speaker 4: Right.
Speaker 5: So, but there's so much of this happening now that
Speaker 5: what's going to happen is eventually some shit's going to
Speaker 5: start to crack on the district level. Once it cracks
Speaker 5: on the district level, then we'll have persuasive authority we
Speaker 5: can start using in other cases. Then we need to
Speaker 5: start getting things into the appellate level, and then now
Speaker 5: it becomes case law that'll open up the door even
Speaker 5: farther for us, and then eventually work our way up
Speaker 5: through to the Supreme Court to force the banking institutions
Speaker 5: and financial institutions to actually follow the state versions of
Speaker 5: the commercial codes. Once that occurs, Basically, the way it's
Speaker 5: going to work is everyone's going to have infinite money.
Speaker 5: And the thing is that's how it's supposed to be
Speaker 5: since nineteen thirty three the government. If you look at it,
Speaker 5: you can even see it. In eighteen USC eight they're
Speaker 5: very clear about this. In eighteen usc eight they call
Speaker 5: it obligations or other securities of the United States. The
Speaker 5: term obligation or other security of the United States includes
Speaker 5: all bombs, certificates of indebtedness, national bank currency, Federal Reserve notes,
Speaker 5: Federal Reserve bank notes, couponts, United States notes, treasury notes,
Speaker 5: gold certificates, silver certificates, fractional notes, certificates of deposit bills, checks,
Speaker 5: drafts for money. Everything is essentially an obligation or other
Speaker 5: security of the United States. All your bills that you
Speaker 5: think are yours aren't yours at all, because you got
Speaker 5: to think it's got that sole proprietorship name on it.
Speaker 4: You don't know who made it, you don't know who
Speaker 4: opened it.
Speaker 5: Somebody opened it, and and you have no idea in
Speaker 5: God's earth where the sole proprietorship thing came from. Right, Well,
Speaker 5: if you go into Black's Law and you look up
Speaker 5: the definition of the term public corporation, it's very clear
Speaker 5: what that thing is and why that name is on
Speaker 5: all your bills. Right, So, the definition of a public corporation.
Speaker 5: A public corporation is one created by the state for
Speaker 5: political purposes and to act as an agency in the
Speaker 5: administration of civil government. So if your name is if
Speaker 5: you write a check and you're not the account holder,
Speaker 5: you're just the authorized signer. What makes you believe that
Speaker 5: when you receive a bill from AMAX or anyone else,
Speaker 5: you're not also the authorized signer on behalf of some
Speaker 5: other person or account. And who's to say that that
Speaker 5: person or account that's the all caps name is in
Speaker 5: this business called a selt proprietorship. And who's to say
Speaker 5: that the government didn't open up that self proprietorship as
Speaker 5: a public corporation, which is literally self defined as a
Speaker 5: corporation opened by the state. Who else would have opened it?
Speaker 5: Grandma didn't open it. I mean, you know who opened it.
Speaker 5: It probably was opened by the state. I don't know
Speaker 5: who else would have started the sole proprietorship for you.
Speaker 5: They started it for political purposes and to act as
Speaker 5: an agency and the administration of civil government. So you're
Speaker 5: creating these things, these unconditional promises to pay. They're getting
Speaker 5: this bill in this name of a public corporation. Well,
Speaker 5: whose obligations or other securities are there, they're the United
Speaker 5: States is It's since nineteen.
Speaker 4: Thirty three, there's been no money.
Speaker 5: The United States has basically took over everything in this
Speaker 5: gigantic fucking bankruptcy essentially we've been in ever since. So
Speaker 5: you got to think, like, who, who's whose bills are they?
Speaker 5: They aren't yours, and even if they were, how can
Speaker 5: you pay for them? There's no money, there's no there's
Speaker 5: no there's no gold and silver coins anymore. How can
Speaker 5: you pay?
Speaker 3: I thought public corporation was more in the realm of
Speaker 3: like a city or a town or something like that.
Speaker 3: I had never heard of it brought like that before.
Speaker 5: That's the legal that's the legal definition of the term
Speaker 5: public corporation, right, I'm with you, as one created by
Speaker 5: the state for political purposes and to act as an
Speaker 5: agency and the administration of civil government.
Speaker 4: Right.
Speaker 3: A township would have like a mayor or something to
Speaker 3: preside over the civil government of that area. I didn't
Speaker 3: I've never heard of somebody, even a sole proprietorship be
Speaker 3: compared to a public corporation.
Speaker 4: Yeah, it's totally.
Speaker 5: I mean, if you you you don't know who opened it,
Speaker 5: and you didn't open it. So who opened it? Chances
Speaker 5: are it was the state. If the state opened it,
Speaker 5: it's a public corporation.
Speaker 3: Got you? Got you? Okay?
Speaker 4: Right?
Speaker 5: So so then we can even go even farther into
Speaker 5: this thirty one Usc. Fifteen oh one. This shows you
Speaker 5: what kind of documentary evidence is required to prove that
Speaker 5: something is a government obligation. This is a recent discovery.
Speaker 5: This is pretty mind blowing. Look at sub section A
Speaker 5: two a loan agreement showing the amount and terms of repayment. So,
Speaker 5: so you get sued by a bank because you didn't
Speaker 5: pay your mortgage. You file into the case and you
Speaker 5: you say under thirty one Usc. Fifteen oh one, and
Speaker 5: you put a copy of the original promissory note showing
Speaker 5: the amount in terms of repayment, and you add the
Speaker 5: United States in into the case as a defendant, and
Speaker 5: you say, hey, I'm not actually the one responsible for
Speaker 5: paying this mortgage at all.
Speaker 4: It's actually the United States.
Speaker 5: And the evidence of that is through Exhibit A, which
Speaker 5: is the original promissory note. And the reason why I'm
Speaker 5: adding the United States in as a defendant and making
Speaker 5: them responsible for this note is under thirty one USC.
Speaker 4: Fifteen oh one.
Speaker 5: A two makes the original mortgage documentation under H and
Speaker 5: USC eight an obligation or other security.
Speaker 4: Of the United States.
Speaker 5: So it's basically like, why are you bothering me to
Speaker 5: pay this thing? It's not my fucking bill, it's not
Speaker 5: my fucking responsibility. And that's exactly true.
Speaker 4: It's not.
Speaker 2: So my mind works a little bit differently. I don't
Speaker 2: know how everybody else's mind works, but my mind does
Speaker 2: really good with like at trying to understand things whenever
Speaker 2: you compare it to something that is a little bit
Speaker 2: more relatable. So I'm trying to find a comparison to
Speaker 2: what you're talking about here, just to try and put
Speaker 2: it into Layman's terms.
Speaker 1: And I was thinking, let me, let me ask you
Speaker 1: if this is correct.
Speaker 4: So my.
Speaker 2: Kids are under my jurisdiction, right, and that means at
Speaker 2: the end of every year, I get to claim them.
Speaker 2: I get the couple thousand dollars for the tax right
Speaker 2: off because I'm claiming them.
Speaker 1: They're under my jurisdiction.
Speaker 2: Am I the role that I'm playing as the father
Speaker 2: and you know, the man of the house, as far
Speaker 2: as all the bills and all the taxes and everything go,
Speaker 2: is that supposed to be? Are you saying that the
Speaker 2: role that I'm playing is the role that the United
Speaker 2: States should be playing, and we are all of its kids.
Speaker 4: That's exactly correct.
Speaker 5: The the when you give your kid a credit card
Speaker 5: and the kid uses the credit card and then mommy
Speaker 5: and daddy pays it, it's the exact same thing.
Speaker 2: Okay, all right, yeah, so all right, So now what
Speaker 2: you're saying is is that all of these all of
Speaker 2: these bills and loans and tenders and all that other shit,
Speaker 2: the government is kind of our parents in that sense
Speaker 2: in which we shouldn't be required to pay these things
Speaker 2: because the United States is claiming us.
Speaker 5: Yeah, and just like you saw, the I R S
Speaker 5: is pretty clear the I R S. The way that
Speaker 5: they say it in that section we saw earlier is
Speaker 5: basically all they need is just your authorization. So if
Speaker 5: that's true beyond the tax code, then legally, the way
Speaker 5: it's supposed to work is you're supposed to be authorizing
Speaker 5: the government to settle all this stuff for you essentially.
Speaker 3: But again, this only works in the sense of the
Speaker 3: government paying for its citizens. Right.
Speaker 5: Well, it's it's actually, well, yes, because if you go
Speaker 5: into the if you go back to that section of
Speaker 5: we were talking about the Social Security number.
Speaker 3: It's like Jennatha said, the Dad kids situation, that this
Speaker 3: only would work So like the United States government's not
Speaker 3: going to be quote unquote backing the loans of some
Speaker 3: foreign national that happens to be on US soil, or
Speaker 3: at least it shouldn't. That today's world might be a
Speaker 3: little different, but we're allegedly fixing that with the current administration.
Speaker 3: Who knows. But like, for instance, you have renounced these things.
Speaker 3: You are your own independent entity, so like this wouldn't
Speaker 3: necessarily apply to you, correct.
Speaker 5: It wouldn't apply to me as a man of the Union,
Speaker 5: as a state citizen, because you got to see here
Speaker 5: if we.
Speaker 4: Go back to.
Speaker 5: Where we were at earlier, where we saw the definition
Speaker 5: of the word you and the definition of the word
Speaker 5: you as an individual who was a debt to the
Speaker 5: United States.
Speaker 3: Right, I don't mean you the legal term. I mean
Speaker 3: Brandon Williams.
Speaker 4: You know, I know, I know.
Speaker 5: But look, who can be assigned a Social Security number?
Speaker 5: It tells you right here on point number one. The
Speaker 5: only person that can be assigned a Social Security number
Speaker 5: is a United States citizen.
Speaker 3: Right.
Speaker 4: We covered that on the last show. The United States
Speaker 4: citizen is a.
Speaker 5: Released slave after the Thirteenth Amendment that didn't have any citizenship,
Speaker 5: and they're of African descent, and there was a special
Speaker 5: citizenship that was created for them through a case in
Speaker 5: eighteen seventy three called the Slaughterhouse Cases, which opened up
Speaker 5: a new federal citizen category called the US citizen category.
Speaker 5: That's what they're referring to here in point number one.
Speaker 3: So then the US government would only be backing the
Speaker 3: things or giving the limitless money to only freed slaves.
Speaker 5: Then correct, well, yeah, but then at some point in time,
Speaker 5: I don't know when. This is part of my research
Speaker 5: that I'm kind of still trying to figure out how
Speaker 5: to integrate. Obviously, the word person includes estates, partnerships, companies, corporations,
Speaker 5: and all these other legal fictions. So the thing is
Speaker 5: is that the sole proprietorship, because it was born in
Speaker 5: their system, would be a United States citizen. You can
Speaker 5: see that also in the definition of United States citizen
Speaker 5: in subsection C. If you go back to forty two USC.
Speaker 5: Ninety one oh two, subsection eighteen. This is where we
Speaker 5: saw earlier Subsection B any federal state or local government
Speaker 5: in the United States or any entity of such government.
Speaker 4: Now look at Subsection C.
Speaker 5: Any corporation, partnership association, or other entity organized or existing
Speaker 5: under the laws of the United States. Obviously it gets
Speaker 5: into more info here, but we can just stop right there.
Speaker 5: So any corporation, partnership association, or other entity organized under
Speaker 5: the laws of the United States is in itself a
Speaker 5: United States citizen. The sole proprietorship is organized under the
Speaker 5: laws of the United States. So the sole proprietorship as
Speaker 5: itself would be a United States citizen, which makes perfect
Speaker 5: sense when you go back into twenty six CFR three
Speaker 5: ZHO one dot seven seven oh one hyphen eleven, and
Speaker 5: they say that social Security number is the EI number
Speaker 5: of an individual.
Speaker 4: Or a state.
Speaker 5: And then you go back over to the SS four.
Speaker 5: You don't see the word individual anywhere. You see the
Speaker 5: word sole proprietorship. Bingo, all the pieces fall into place,
Speaker 5: got true, Okay, So the sole proprietorship is the thing
Speaker 5: that has the Social Security number. The sole proprietorship is
Speaker 5: the United States citizen. I am the authorized user or
Speaker 5: authorized signer. I am not a United States citizen, but
Speaker 5: I have a United States citizen. I was given a
Speaker 5: United States citizen by the government. The government gave me
Speaker 5: a United States citizen. The government gave Jacob a United
Speaker 5: States citizen, the government gave Jonathan a United States citizen.
Speaker 5: Anyone who has a Social Security number, that is proof
Speaker 5: that the government. You ask for the government to give
Speaker 5: you a United States citizen and they gave you one.
Speaker 5: And passports are only issued to United States citizens and
Speaker 5: non citizens nationals of the United States. So you've also
Speaker 5: got a Your bank accounts are the SOULT proprietorship. That's
Speaker 5: why you're the authorized signer or authorized user. The passport,
Speaker 5: it's not your passport, it's the sole proprietorship's passport.
Speaker 4: It's the US citizen's.
Speaker 5: Passport, so then it's got your picture on it as
Speaker 5: the agent.
Speaker 4: But the actual passport is not issued to you.
Speaker 5: If you think about it, a passport, a driver's license, taxation,
Speaker 5: these things are all unconstitutional. That's why they created a
Speaker 5: public corporation, and they're giving all these things to a
Speaker 5: public corporation. They're not giving them to you directly, which
Speaker 5: means that they're not on constitution at all.
Speaker 4: This is this is this.
Speaker 5: Whole huge commercial business SOULT proprietorship US citizen system was
Speaker 5: created to get around the constitution.
Speaker 3: So then the government would, like you said, the endless
Speaker 3: money and all of that, it's not to you the individual,
Speaker 3: it's to the corporation of you.
Speaker 4: You just you.
Speaker 5: Basically you're the endorser on behalf half of the corporation,
Speaker 5: so you're the one that gives the so cour the
Speaker 5: Soule Proprietorship cannot promise to pay right because the sole
Speaker 5: Proprietorship can't do anything or work or do anything of
Speaker 5: value to create value. Right, So what you're doing is
Speaker 5: you're basically providing yourself as the surety on behalf of
Speaker 5: the Soul Proprietorship, as the endorser. So when you sign
Speaker 5: or endorse, you're saying, I am giving my ability to
Speaker 5: speak and work and produce something of value to the
Speaker 5: sole proprietorship, and that combination of U plus soul proprietorship
Speaker 5: equals credit.
Speaker 1: Huh. I can just see the gears turning in your
Speaker 1: head over that.
Speaker 3: I'm just making sure I understand, and that's all I'm
Speaker 3: not trying to trip them up here. I'm just I'm
Speaker 3: making sure we are all on the same sheet of
Speaker 3: music at this time.
Speaker 5: So you have a US citizen, and that's why they
Speaker 5: ask you for a Social Security number whenever you sign
Speaker 5: up for credit. Right, it's it's it's it's state citizen
Speaker 5: plus US citizen equals credit. Man plus person equals credit
Speaker 5: man me plus person, solder pridorship equals credit h The
Speaker 5: self proprietorship is basically like a portal between a man
Speaker 5: of the Union, state citizen and the United States federal government.
Speaker 5: It's like a it's like a buffer or an intermediary
Speaker 5: or uh ethernet cable. It's like the connector point between
Speaker 5: the two the two things. It's the buffer, it's the
Speaker 5: black hole, whatever you want to call it. You're stepping
Speaker 5: into the soul proprietorship and then the sole proprietorship steps
Speaker 5: into the legal commercial world.
Speaker 1: And the man is the endorser.
Speaker 4: The man is the endorser.
Speaker 1: Gotcha starting to catch on?
Speaker 2: It's it's a bit of a it's a lot to
Speaker 2: take in, especially with somebody who is you know, you're
Speaker 2: you're very well versed in all this stuff. I mean
Speaker 2: the way that you can just type in shit and
Speaker 2: you know exactly which codes to get to fuck me man.
Speaker 2: I mean you literally have to eat, sleep, and fuck
Speaker 2: this shit on a.
Speaker 1: Daily basis in order to remember all that right exactly.
Speaker 5: So, yeah, so if you take all this financial information.
Speaker 5: I don't know if you guys see my Instagram or that,
Speaker 5: but we did a whole thing for a while where
Speaker 5: people were getting free cars left right and center.
Speaker 3: You know.
Speaker 2: And it's not just you. I've seen bunch of other
Speaker 2: people doing that as well. Have you ever heard of
Speaker 2: the guy I don't know if he's even still around
Speaker 2: on Instagram or whatever, but don kill him.
Speaker 5: Yeah, yeah, yeah, he was doing about him. I don't
Speaker 5: know much about what he does. I hardly see his
Speaker 5: stuff or whatever. But yeah, a lot, there's a lot.
Speaker 5: There's a bunch of people kind of doing different things.
Speaker 5: Some people are doing the same thing I I I've
Speaker 5: seen a lot of different things. I've seen a lot
Speaker 5: of different activities. I've seen a lot of different things
Speaker 5: that people are doing. I've tried a lot of different things.
Speaker 5: When I found UCC Article three, I stopped trying and
Speaker 5: doing all that other stuff because it's the actual law,
Speaker 5: it's the actual Bible, And I was like, if I
Speaker 5: can just study this and understand this, this is where
Speaker 5: I need to be focusing. Not a bunch of crazy
Speaker 5: stuff made up that people are making up and whatever.
Speaker 5: Even if it's working, it doesn't matter if I really
Speaker 5: just focus in on what the law says and not
Speaker 5: fuck around with all this other shit.
Speaker 4: And then I started trying to follow the law.
Speaker 5: And then that's when I started to get stopped and
Speaker 5: I was like, well, a whole lot of second, this
Speaker 5: is the law that you guys.
Speaker 4: Have to do this.
Speaker 5: You don't have a choice to tell me my payment
Speaker 5: can't be accepted, right, So that's when I started getting
Speaker 5: into litigation.
Speaker 4: And then litigation.
Speaker 5: Is a lot you have to learn, like the rules
Speaker 5: of civil procedure, rules of evs, rules of professional conduct,
Speaker 5: there's local rules.
Speaker 4: There's how do you file emotion?
Speaker 5: You have to file a response and opposition, how do
Speaker 5: you get into pacer, how do you e final documents.
Speaker 5: It's like a whole profession basically in itself.
Speaker 4: Right.
Speaker 5: So that started in twenty twenty four because these financial
Speaker 5: institutions were not following the law, and they were they
Speaker 5: were refusing the instrument without dishonoring the instrument.
Speaker 4: Right.
Speaker 5: So I understand there's a million different people doing this
Speaker 5: stuff online, but I just I can't I can't get
Speaker 5: behind it. Unless it unless it connects with and meshes
Speaker 5: with you see see article three. Because you see see
Speaker 5: article three is the actual law. When you go into
Speaker 5: a courtroom and you've got some made up fucking process.
Speaker 5: I mean, it's hard enough even having the law, even
Speaker 5: having the California Commercial Code, it can be difficult to
Speaker 5: get into a court because they still call you a
Speaker 5: sovereign citizen. It's like anybody who says commercial code at all,
Speaker 5: it's just like instantly a fucking sovereign citizen.
Speaker 4: It's like, it's ridiculous.
Speaker 5: And the reason why that is because the Commercial Code
Speaker 5: is so complicated and it's so difficult to understand that
Speaker 5: very very few people understand it, and courts are just
Speaker 5: filled with ego. So when you go in there and
Speaker 5: you actually understand the Commercial Code, they don't and they
Speaker 5: don't want anyone finding out that they don't, So it
Speaker 5: becomes this whole fucking egotistical nightmare. And I just wasn't
Speaker 5: expecting all of this. So when I started doing litigation,
Speaker 5: I thought, Okay, this is the law.
Speaker 4: It'll be easy.
Speaker 5: I file a lawsuit, this is the law, this is
Speaker 5: what I'm trying to do. Let's get it done. Let's
Speaker 5: be friends.
Speaker 4: We can move on.
Speaker 5: Yeah, well, that's not even close to what we're experiencing.
Speaker 4: So we're just.
Speaker 5: Building up more and more lawsuits, more and more things,
Speaker 5: and just getting more and more people on board, and
Speaker 5: we're just eventually somewhere we're gonna get a district case
Speaker 5: or something to crack, and then now we'll have a
Speaker 5: little bit of persuasive authority, and now we can start
Speaker 5: referencing that in other cases.
Speaker 4: And then we're gonna keep.
Speaker 5: Going and then we're gonna get something at like an
Speaker 5: appeals level or a circuit court level, and then bang,
Speaker 5: now we have real case law. And now we've got
Speaker 5: to Now the door's really starting to swing open, and
Speaker 5: we're gonna keep pushing and keep pushing and keep pushing
Speaker 5: until we get to the Supreme Court. And then by then,
Speaker 5: every time you send in and uh, every time the
Speaker 5: credit card company sends you a bill, you endorse it,
Speaker 5: send it back and they immediately process the payment. Now, obviously,
Speaker 5: by that point we're gonna be going into, you know,
Speaker 5: a monstrously gigantic economic slash financial evolution. And what I
Speaker 5: think is going to happen is I'm essentially working myself
Speaker 5: out of a job. And what I mean by that
Speaker 5: is your average person in America when they learn this complicated,
Speaker 5: ridiculous system that's been overly overly complicated on purpose just
Speaker 5: confuse people so that they can have infinite money, and
Speaker 5: so that you abandon all these funds that you're creating
Speaker 5: all the time, and we have the fucking baby pods
Speaker 5: from the matrix. When people realize that this is going on,
Speaker 5: I think your average American is going to be pissed off.
Speaker 5: I don't think your average American wants infinite money. I
Speaker 5: think they just want an honest and simple monetary system.
Speaker 5: So I think what's going to happen is this whole
Speaker 5: like everyone's gonna have infinite money thing isn't what's going
Speaker 5: to happen. I think what's going to happen is everyone's
Speaker 5: going to rise up in revolution and we're going to
Speaker 5: go back onto a gold and silver coin based system,
Speaker 5: back to your original plug on gold and silver coins.
Speaker 5: I truly, truly believe that's what's going to happen. I
Speaker 5: don't think Americans want a world. I think Americans pride
Speaker 5: themselves too much on working for what you have and
Speaker 5: exchanging value and being a good person and putting in
Speaker 5: time at work.
Speaker 4: And I just don't.
Speaker 5: I don't think this country is of the mindset or
Speaker 5: mentality of a socialist. We're basically in a socialist system
Speaker 5: and nobody's known it since nineteen thirty three. It's completely socialist.
Speaker 5: The government owns everything. You own nothing, just like Charles
Speaker 5: Swab says, or whoever's name is, you'll own nothing and
Speaker 5: be happy. We've owned nothing and been maybe moderately happy
Speaker 5: since nineteen thirty three, and no one knew it.
Speaker 1: That's all Klaus Schwab, Werduck and on mccorum.
Speaker 4: Yeah.
Speaker 5: So the thing is is that you don't own anything.
Speaker 5: You really don't, and you don't own your bank accounts.
Speaker 5: Your businesses are US citizens because they were they were
Speaker 5: they were opened up underneath the government. We already saw
Speaker 5: that in forty two USC. Ninety one O two, Subsection eighteen.
Speaker 5: Definition C. You know, any corporation or whatever or other
Speaker 5: entity that's opened under the laws of the United States
Speaker 5: is a US citizen. That US citizen. You're opening up
Speaker 5: a bank account for that US citizen. The bank account's
Speaker 5: not yours. That's why you're an authorized signer on the
Speaker 5: microprint that's why they can dip into it whenever they want.
Speaker 5: But they don't want anybody finding out about this stuff.
Speaker 5: Why because there's fucking three times more guns than there
Speaker 5: are people in this country.
Speaker 1: Facts.
Speaker 5: There's a reason why the Second Amendment is the second Amendment.
Speaker 5: It's the second most important thing that these people who
Speaker 5: are fucking brilliant, all these people who wrote and built
Speaker 5: all this government, and they built the original you know,
Speaker 5: constitutional republic.
Speaker 4: They're a pretty smart dude.
Speaker 5: You start reading a lot of the stuff they wrote, like,
Speaker 5: you know, read the Federalist papers and stuff like that.
Speaker 5: Now Alisande Hamilton and you know, read Thomas Jefferson quotes
Speaker 5: and study blown away. When you start reading about why
Speaker 5: they structured the things that they did and why they
Speaker 5: did the things that they did, it's pretty amazing, right,
Speaker 5: pretty smart guys, It's pretty It's pretty wild that the
Speaker 5: second thing that they built into the goddamn thing, the
Speaker 5: Bill of Rights, the number two thing is that people
Speaker 5: have the right to bear I mean, that's pretty fucking serious.
Speaker 4: It's it's top of the list. Now, why is.
Speaker 5: It top of the list, Because it's taking them. It's
Speaker 5: taken them two hundred plus years to put all this together,
Speaker 5: and and they can't let people know. It's got to
Speaker 5: be completely a cult because if people find out, you know,
Speaker 5: you know where I'm from in Indiana, the average person's
Speaker 5: got you know, six or seven guns.
Speaker 1: Right right.
Speaker 2: So, just just to get back to what you were
Speaker 2: saying as far as the credit cards, right, Let's say
Speaker 2: you have a thousand dollars credit card just for example,
Speaker 2: and you run that baby all the way up to
Speaker 2: one thousand dollars and then that then you basically get
Speaker 2: not the receipt what is it the bill at the
Speaker 2: end of the month is saying all right, well, you
Speaker 2: owe a fraction of this at the minimal amount, but
Speaker 2: you owe the full amount that you're eventually gonna have
Speaker 2: to pay over time. How exactly are you then saying, well,
Speaker 2: technically that credit card company or the government is going
Speaker 2: to pay for that, and why wouldn't you have to
Speaker 2: pay for it if you're the one that bought all
Speaker 2: the shit?
Speaker 5: Well, that's it comes down to the terminology. I'llgend the
Speaker 5: screen share here because if you go back to I
Speaker 5: had to close all my windows when my thing you crash.
Speaker 3: There, Yeah, I got you. You are saying if you
Speaker 3: endorse it and send it back to them and it
Speaker 3: goes away.
Speaker 5: So well, no, no, The answer to your question is
Speaker 5: found in the definition of the word payment. There is
Speaker 5: no money, There hasn't been any money, So how do
Speaker 5: you pay? How do you make a payment?
Speaker 3: Right?
Speaker 5: Again, the definition of the word payment is really pretty
Speaker 5: much the crux of a lot of what people don't
Speaker 5: get right. The performance of a duty, promise or obligation.
Speaker 5: You can stop right there, it goes farther, or discharge
Speaker 5: of a debtor liability blah blah blah blah blah, a
Speaker 5: by delivery of money or other value. Right, the bill
Speaker 5: itself has value, so it's not money, but it would
Speaker 5: be under this or other value section. It's an unconditional
Speaker 5: order to pay. It is a negotiable instrument. That negotiable
Speaker 5: instrument has value as a negotiable instrument, so it would.
Speaker 4: Be the or other value.
Speaker 5: But the performance of a duty, promise or obligation, just
Speaker 5: like we saw on the the IRM the IRM Manual.
Speaker 5: Let's let's break this down like word by word or
Speaker 5: phrase by a phrase.
Speaker 4: You know, understand it.
Speaker 5: If we go back to the I R M, where
Speaker 5: the IRIS is telling us what they want from us
Speaker 5: if we want them to you know, bang the window
Speaker 5: and pay our bills for us. What do they want
Speaker 5: if a bill of exchange or registered bill of exchange
Speaker 5: is received from a taxpayer authorizing the campus to settle
Speaker 5: their account through fedwire, So what are they asking for authorization?
Speaker 5: If you boil this down into what are they asking
Speaker 5: for authorization? Go back to the word payment the performance
Speaker 5: of a duty promise or obligation. So in this sentence,
Speaker 5: what is the obligation that they need from you?
Speaker 3: All they need is obligation, right like if, like Jonathan's example,
Speaker 3: if you spend one thousand dollars, you put yourself into
Speaker 3: a financial obligation to pay that back.
Speaker 5: Later I thought, yeah, But the word payment is the
Speaker 5: performance of a duty promise or obligation.
Speaker 4: So if you think of it as that, the.
Speaker 5: Duty promise or obligation the irs is asking from you
Speaker 5: is authorization. So when you give them authorization, you are
Speaker 5: legally paying payment and performance means the same thing.
Speaker 1: So for for you to authorize is essentially your payment.
Speaker 5: So if you take the bill and you endorse it,
Speaker 5: and you authorize them to settle or to take all
Speaker 5: of those manufactured unconditional promises to pay, take them to
Speaker 5: the Federal Reserve Discount windows, swap them for Federal Reserve notes,
Speaker 5: and settle the account on your behalf. You are making
Speaker 5: a payment. Performance and PF and payment mean the same thing.
Speaker 5: The IRS is not asking you to send in Federal
Speaker 5: Reserve notes. They're asking you to send them a bill
Speaker 5: of exchange or registered bill of exchange. That and also
Speaker 5: a cover letter essentially authorizing them to settle your account
Speaker 5: using FED wire.
Speaker 4: This is a payment. By authorizing them, you are paying.
Speaker 1: Why the fuck would they write it this way?
Speaker 2: Like, surely they don't only just want your authorization, Like
Speaker 2: surely they would rather your money, right, But why would
Speaker 2: they write it this way if that's what they mean?
Speaker 5: Because the bill is money, the bill is cash. That's
Speaker 5: the part that it's so hard for people to wrap
Speaker 5: their head around.
Speaker 1: I see, okay, all.
Speaker 5: Your bills are cash. All your traffic tickets are cash.
Speaker 5: Anything a cop pulls you over for and gives you
Speaker 5: on the side of the road, it's all cash. A
Speaker 5: parking ticket is cash, and you can endorse it and
Speaker 5: use it as cash. You can actually take a parking
Speaker 5: ticket and deposit it in your bank account. What some
Speaker 5: people have actually pulled that off. Yeah, I can't believe
Speaker 5: it because I the taellers. I just can't believe any
Speaker 5: teller would allow something like that to happen. But legally
Speaker 5: you can do that. Legally, you can go and take
Speaker 5: a bill from the IRS and deposit it in your
Speaker 5: account as a positive value. The problem is if you
Speaker 5: do that, the IRS is still still going to come
Speaker 5: for you, honestly, But when you turn around you and
Speaker 5: you endorse the bill, send it back and authorize the
Speaker 5: campus to settle the account using fed wire. They go
Speaker 5: away because you've completed that cycle. It's like a cycle.
Speaker 5: I send you an unconditional order to pay, You perform
Speaker 5: on the unconditional order to pay, and then you tender
Speaker 5: the performed and completed unconditional order to pay back to
Speaker 5: the person entitled to enforce the instrument, and that comp
Speaker 5: leads the cycle. That's the world we live in, but
Speaker 5: nobody knows that it's a totally socialist system. The government
Speaker 5: owns everything and we just move around basically like IOUs.
Speaker 5: It's like that fucking scene from Dumb and Dumber at
Speaker 5: the end when he has that briefcase and he's full
Speaker 5: of IOUs and he's like, there is every dollars accounted for.
Speaker 5: It's the exact same idea. And you can actually even
Speaker 5: go into Black's Law under where it says exchange, and
Speaker 5: there's a subsection in that area called commercial law, and
Speaker 5: it literally this definition, which comes from Webster's Dictionary. This
Speaker 5: is the world we live in, and it says here
Speaker 5: the process of settling accounts or debts between parties residing
Speaker 5: at a distance from one another without the intervention of money,
Speaker 5: by exchanging orders or drafts called bills of exchange. The
Speaker 5: payment of debts in different places by an exchange or
Speaker 5: transfer of credits. This is the world we've lived in
Speaker 5: since April fourteen or whatever it is, nineteen thirty three.
Speaker 4: This is the world we live in right here.
Speaker 1: That is just mind boggling.
Speaker 2: So by saying this statement, they are essentially showing their
Speaker 2: hand that money isn't what we always thought it was
Speaker 2: in a sense. Right, So if you're saying that the
Speaker 2: bill itself is valuable and all you got to do
Speaker 2: is endorse it and send it back to them, then
Speaker 2: by their own law, they're required to accept that as payment.
Speaker 5: They can dishonor the instrument as per the rules of
Speaker 5: dishonor in three five h two. There's very very specific
Speaker 5: situations where they can legally dishonor the instrument. I've just
Speaker 5: never ever seen them do it. They just refuse it,
Speaker 5: which that they cannot do. They cannot refuse the payment.
Speaker 5: They can dishonor the payment.
Speaker 1: Which they've never done, which.
Speaker 4: They've never done. I've never ever ever seen it done ever.
Speaker 1: Not once, And why the fuck wouldn't they.
Speaker 5: Because it's it's like if you pay it late and stuff.
Speaker 5: It's like very specific situations, are they. One of them
Speaker 5: is like they think that the person who endorsed it.
Speaker 4: Isn't actually the correct person.
Speaker 5: They think there's some kind of like like fraud and
Speaker 5: they want the person to like verify that it's them.
Speaker 5: So if you go to the bank, you know what
Speaker 5: a notary is a notorization, right, Yeah, there's a different
Speaker 5: there's a type, a special type of notorization specifically for endorsements.
Speaker 5: It's called a medallion stamp guarantee. And you can get
Speaker 5: this done at banks and stuff like that. Right, So,
Speaker 5: a medallion stamp guarantee is a special stamp used to
Speaker 5: verify signatures on documents really to transferring or selling security.
Speaker 5: So if we go into the UCC three dash five
Speaker 5: oh two the rules of dishonor, and we look at
Speaker 5: a one of them is like if has to do
Speaker 5: with like the legalities or like the truthfulness of which
Speaker 5: the endorsement was done or whatever, And you can get
Speaker 5: around that really easily. All you do is just go
Speaker 5: in and you just get a medallion stamp guarantee and
Speaker 5: it looks just like this, and when you do your
Speaker 5: endorsement on the face of the instrument, the bank officer
Speaker 5: is going to ask for your ID and he's going
Speaker 5: to verify. It's just it's a special type of notarization
Speaker 5: specifically for a negotiable instrument. If you do this, there's
Speaker 5: basically no way they can dishonor the instrument. When you
Speaker 5: read through all the rules of dishonor. The only either
Speaker 5: way they can really dishonor the instrument. Besides this is
Speaker 5: if you pay it late, basically, if you send it
Speaker 5: in later than the due date essentially. But the thing
Speaker 5: is is that they don't even do this. They don't
Speaker 5: even dishonor they don't even try to dishonor. We've never
Speaker 5: ever seen anyone ever, hundreds or thousands or tens of
Speaker 5: thousands of these things have been sent out. We've never
Speaker 5: ever seen anybody try to dishonor. Right, if they did
Speaker 5: dishonor under a certification, all you would have to do
Speaker 5: is just go to the bank and get one of
Speaker 5: these and send it back in. And then now they
Speaker 5: couldn't do that. So it's the Dishonor thing is almost
Speaker 5: irrelevant because even if they did dishonor it, it's really.
Speaker 4: Really easy to fix.
Speaker 5: So basically, at the end of the day, there's nothing
Speaker 5: they can do to stop any of this from happening, essentially,
Speaker 5: which is why they're so terrified that people are.
Speaker 4: Finding out about it.
Speaker 5: I see, there is no way to stop this train.
Speaker 5: It's physically impossible.
Speaker 1: That is Uh, that's good news.
Speaker 2: I mean, hey, we if we're trying to break the
Speaker 2: financial system, I mean it has to go back to
Speaker 2: starting point, which would be you know, gold and silver
Speaker 2: and actually using real money as opposed to this loophole
Speaker 2: kind of fake money system that there Well, there is
Speaker 2: no money.
Speaker 4: Yeah, there is no money.
Speaker 5: There hasn't been any money, and everything that everyone owns
Speaker 5: is owned by the government because whenever you put your
Speaker 5: name on anything they assume it's the silver propridership, which
Speaker 5: is why like you.
Speaker 4: Don't own your car, you don't own your house.
Speaker 5: That's why you have to pay property taxes because you
Speaker 5: don't own your house. When you use a soial security
Speaker 5: number at escrow, the social scurity number is the EI
Speaker 5: number for a public corporation slash sol proprietorship, you're basically
Speaker 5: putting everything underneath that sold propridorship, which is why you
Speaker 5: pay property taxes.
Speaker 4: You don't own it.
Speaker 5: But then again, if you don't own it, and the
Speaker 5: property taxes is also an unconditional order to pay, you
Speaker 5: you can you can negotiate that thing and send it
Speaker 5: back and then they're not going to accept it, and
Speaker 5: then you can sue them for not accepting or dissign
Speaker 5: on the instrument. Or you can add the United States
Speaker 5: in as a defendant. If you don't own it, then
Speaker 5: you don't need to pay the property taxes. There's two
Speaker 5: ways you can look at it. You can either exit
Speaker 5: your property from the system entirely and now you really
Speaker 5: do have to pay for it and take care of it,
Speaker 5: but then you're also not going have to pay any
Speaker 5: property taxes, or leave it in the system, and then
Speaker 5: whenever anybody sends you a bill, sue them all and
Speaker 5: add the United States and as a defendant and make
Speaker 5: them pay for it. You can go either way, you
Speaker 5: win either way. The problem is you're getting the shit
Speaker 5: end of the stick on both sides of every single transaction.
Speaker 5: That's the problem. The problem is not that the government
Speaker 5: owns everything. The problem is that the government owns everything.
Speaker 5: They should fucking pay for it. If you want to
Speaker 5: own it, you pay for it.
Speaker 4: You own it.
Speaker 5: You wouldn't pay property taxes or let them fucking keep
Speaker 5: it and send all the bills of them. The IRS
Speaker 5: tells you exactly what fucking room number to send it to,
Speaker 5: room three, four, one three, whatever it is. It's exact
Speaker 5: specific room number. So I was gonna show you one
Speaker 5: of these. I'm trying to find while I'm talking. I'm
Speaker 5: trying to find this thing I attached to one of
Speaker 5: my court cases. I think it's this one here.
Speaker 4: Uh no, no, no, no, it's a little bit farther down
Speaker 4: here it is.
Speaker 5: So this is an exhibit that I added to a
Speaker 5: court case suing American Express. So this is straight out
Speaker 5: of the card member agreement for an American Express account
Speaker 5: that I had. You can see here card member agreement.
Speaker 5: You can look this up for your own account, and
Speaker 5: there's literally an entire section called promise to pay. It's
Speaker 5: the exact same terminology from UZZ three. You promise to
Speaker 5: pay all charges, including charges you make even if you
Speaker 5: did not present your card or signed for the transaction,
Speaker 5: charges that other people make if you let them use
Speaker 5: your account, and charges that additional card members may make
Speaker 5: or permit others to make. It's a promise to pay.
Speaker 5: It's literally the exact terminology of three one oh four.
Speaker 5: It's a fucking unconditional promise to pay right.
Speaker 2: And therefore, if they send you a bill, you endorse it,
Speaker 2: send it back, and you've been able to get away No,
Speaker 2: I don't want to say get away with it like
Speaker 2: you're cheating the system. I don't know if you are
Speaker 2: cheating the system or not. To be honest with you,
Speaker 2: look at.
Speaker 5: This, Look at this card member agreement. We're back in
Speaker 5: the card member agreement and different a different filing I
Speaker 5: filed into this case.
Speaker 4: How to make payments.
Speaker 5: Make payments to us in US dollars with write your
Speaker 5: account number on your check or negotiable instrument and include
Speaker 5: the payment coupon a single a single negotiable instrument, clearable
Speaker 5: through the US banking system. Okay, they're telling you straight
Speaker 5: up you can pay using a negotiable instrument. Well, duh,
Speaker 5: you can pay using a negotiable instrument, because a fucking
Speaker 5: federal reserve note is a goddamn negotiable instrument. Everything is
Speaker 5: a negotiable instrument. Everything is a negotiable instrument. A mortgage
Speaker 5: note is a negotiable instrument. A traffic ticket is a
Speaker 5: negotiable instrument. A fucking court judgment is a negotiable instrument.
Speaker 3: Wouldn't a traffic ticket be more of a citation than
Speaker 3: a negotiable instrument?
Speaker 4: Though, nop.
Speaker 5: If they're unconditionally ordering you to pay, Remember, pay and
Speaker 5: performance mean the same thing. So if they're unconditionally ordering
Speaker 5: you to perform, which means to be a certain court
Speaker 5: house at a certain date and time, it's still a
Speaker 5: negotiable instrument. Payment and performance mean the same thing. H
Speaker 5: An unconditional order to pay or an unconditional order to
Speaker 5: perform are both drafts. Okay, if you think about it,
Speaker 5: everything under the sun won in starmers is either an
Speaker 5: uncre additional promise or order to pay everything is or perform.
Speaker 2: So your entire basis for want to even look into
Speaker 2: this is whenever you found out that literally you own
Speaker 2: nothing and everything is owned by the United States, right,
Speaker 2: And so your way of not having to pay for
Speaker 2: your credit card, your mortgage, whatever it is, is to say, well,
Speaker 2: it's not my job to pay for anything if I'm
Speaker 2: never going to own it, send the bill back to
Speaker 2: the people that actually own it.
Speaker 1: Is that essentially what you're trying to do.
Speaker 5: No, because again you have to like kind of deprogram
Speaker 5: your mind, because the thing is that when you perform,
Speaker 5: you are paying. When you put the endorsement and you
Speaker 5: tender the instrument back to the person entiled to enforce
Speaker 5: the instrument.
Speaker 4: You are paying. That is a payment.
Speaker 3: What do you mean by tender it back? Like the
Speaker 3: mechanics of what you mean by this, you mean, like.
Speaker 5: So, tender is an unconditional offer. So if you mail
Speaker 5: it back to them unconditionally, then it's a tender. The
Speaker 5: legal definition of the word tender means an unconditional offer.
Speaker 3: So they give you a bill and you give them
Speaker 3: the unconditional offer to pay that bill.
Speaker 5: No, you you receive the bill. Thus becoming the holder.
Speaker 5: Now you're the holder. Now what does a holder do
Speaker 5: with the negotiable instrument? They endorse the instrument to prepare
Speaker 5: the instrument for negotiation, which means transfer.
Speaker 3: And then how would you, as the as the person
Speaker 3: the holder, how do you endorse that bill?
Speaker 5: You use a blank endorsement, qualified endorsement, special endorsement. And
Speaker 5: then if you start reading a lot of court cases
Speaker 5: about this, especially from the eighteen hundreds, you're supposed to
Speaker 5: you're not supposed to, but essentially in order to get
Speaker 5: like so like that area where it said like if
Speaker 5: it's refused, it still applies regardless. If you go into
Speaker 5: a lot of the court cases associated with people who
Speaker 5: did that in the past, a lot of that's in
Speaker 5: the eighteen hundreds, they they added a cover letter that
Speaker 5: like explained what they were trying to do essentially, And
Speaker 5: in the court cases you'll find like people who didn't
Speaker 5: include a cover letter that like explains what they're trying
Speaker 5: to do and like really simple language, like the courts
Speaker 5: wouldn't let them like force the instrument to be applied.
Speaker 5: Whereas the cases where they did include like a simple
Speaker 5: cover letter that goes into what they're trying to do
Speaker 5: and like simple terminology.
Speaker 4: They did allow that to activate.
Speaker 5: So basically, because of my studies and a lot of
Speaker 5: the court cases and stuff, I recommend that people add
Speaker 5: a cover letter and just like a couple paragraphs explaining
Speaker 5: what it is they're trying to do, because when they
Speaker 5: sue they can use a lot of this these old
Speaker 5: court cases that basically explain that if as long as
Speaker 5: there's that cover letter, it gives them a lot better
Speaker 5: standing in court.
Speaker 3: Basically, okay, huh okay, So you endorse it at the
Speaker 3: cover letter, send it back, and then that is giving
Speaker 3: them the offer authorization. Got you.
Speaker 5: It's basically the same terminology the I R S gibs.
Speaker 5: You can even use that terminology in your cover letter.
Speaker 5: You're authorizing the credit card company to settle the account
Speaker 5: using fed wire or fed Now.
Speaker 3: One more time explaining what is fedwire. You brought it
Speaker 3: up earlier, but I've heard it. This is a website.
Speaker 5: So fed wire is basically like the the software or
Speaker 5: program that that interfaces with the Federal Reserve Discount window.
Speaker 5: I don't, I don't, I don't never seen it with
Speaker 5: my own two eyes. I don't know what if the
Speaker 5: screens look like or whatever I imagine.
Speaker 4: Fed Wire. I don't know fed wire screen shots. I
Speaker 4: don't know what it even looks like. Let's see if
Speaker 4: it comes up.
Speaker 3: I under just ask you if there's like a website
Speaker 3: where this could be more streamlined, then it would make
Speaker 3: more sense to me, and especially in this modern digital age,
Speaker 3: it would make sense that there would be, you know,
Speaker 3: some sort of way to do that. And the fact
Speaker 3: that it's been brought up on some many of these documents,
Speaker 3: I'm assuming it's like it's a clutch thing, right.
Speaker 5: Well, let me show you a little bit more about it.
Speaker 5: I can show you so if you go to Federal
Speaker 5: Reserve dot gov, Slash Payment Systems, Slash Master, dash account
Speaker 5: dash and.
Speaker 4: Dash Services, dash Database, dash About, you can just type in.
Speaker 5: Federal Reserve Master Accounts and Services Database into Google and
Speaker 5: it should pop up.
Speaker 4: Right. It looks like this.
Speaker 5: Now, this website shows you every single credit union or
Speaker 5: bank that has either existing access to the Federal Reserve
Speaker 5: Discount Window or they have requests that are currently being
Speaker 5: processed to get into the Federal Reserve Discount Windows. So
Speaker 5: if we go to existing access, we can search by city, institution, name,
Speaker 5: date started, Central Bank District.
Speaker 4: Bar.
Speaker 5: We can just go down and we can see there's
Speaker 5: four hundred and forty seven pages worth of banking institutions.
Speaker 5: But let's say we have to look up American Express
Speaker 5: American Express and it comes down and it gives us
Speaker 5: this drop down and it says here American Express National Bank.
Speaker 4: Let's click that, and then we're going to click a
Speaker 4: bit and then here we go.
Speaker 5: We have just one item here, and the item is
Speaker 5: American Express National Bank, which has had a Federal Reserve
Speaker 5: Discount Window access since October seventeenth of nineteen ninety four.
Speaker 5: They are registered in Sandy, Utah, and their district is
Speaker 5: the San Francisco District. And then it says here are
Speaker 5: they Federal FDIC insured and it says yes, FDIC insured.
Speaker 3: Right, So this is only This isn't just for banks, right,
Speaker 3: this is for pretty much any corporate entity.
Speaker 4: It's for banks and credit unions only.
Speaker 5: Okay, now I found let me see if I can
Speaker 5: rapidly find it. If I go to my website, I
Speaker 5: remember finding this credit union.
Speaker 4: Yeah, here we go. This is great.
Speaker 5: So so this twelve USC seventeen to fifty three explains
Speaker 5: any seven or more natural persons who desire to form
Speaker 5: a federal credit union. So shall each subscribe either individually
Speaker 5: or collectively before some officer competent to administer oaths an
Speaker 5: organization certificate and duplicate blah blah blah blah blah, so
Speaker 5: seven people can come together and create a federal credit union.
Speaker 5: Once you create your federal credit union, then you're going
Speaker 5: to go and fill out what's called an OC ten agreement,
Speaker 5: which is called an Operating Circular ten agreement. This is
Speaker 5: the agreement that you're going to be signing with the
Speaker 5: Feeder Reserve in order to get establishing discount window access.
Speaker 5: So once you open up your credit union, which we
Speaker 5: do have some teams working on that, by the way,
Speaker 5: it's kind of a long process, then you're going to
Speaker 5: sign your OC ten agreement and then bang. Once you
Speaker 5: sign that OC ten agreement, you're going to go on
Speaker 5: the Requests for Access page. This is people who have
Speaker 5: newly signed OC ten's and you can see approved pending,
Speaker 5: Approved pending. It has different tier access. There's tier one,
Speaker 5: Tier two, or tier three. It tells you which tier
Speaker 5: they're on. It tells you which Feeder Reserve Bank district
Speaker 5: they're in. Right once this is approved, now you can
Speaker 5: actually go and do all the same shit that the
Speaker 5: banks and the credit unions are and you can actually
Speaker 5: take your own promises to pay, or you can take
Speaker 5: your own fucking bills that you get from the utility
Speaker 5: company anywhere else. You can write the endorsement, you can
Speaker 5: write the application for notes as per twelve USC. Four
Speaker 5: one two, and you can go to the window and
Speaker 5: you can swap all these things all day long for
Speaker 5: Federal Reserve notes. That makes things a lot easier. But
Speaker 5: either way you look at it, you're looking at a
Speaker 5: long haul. Because it's a long haul to open up
Speaker 5: a credit union. It's also a long haul to sue
Speaker 5: the credit card companies and force them to actually follow
Speaker 5: the law. So either way, until we start getting more
Speaker 5: persuasive authority in the courts and case.
Speaker 4: Law, this is not easy.
Speaker 5: But the thing is is that you know, you've got
Speaker 5: to realize every single time you use your credit card,
Speaker 5: you're producing currency and they're just stealing that currency from you.
Speaker 5: So it's up to you how pissed off that makes you.
Speaker 5: But you know, I'm not really pissed off about it,
Speaker 5: but I'm done with it. It's just not going to happen anymore.
Speaker 5: So essentially, next case was dismissed and I took it
Speaker 5: to appeals and I said, hey, I didn't abandon these things.
Speaker 5: I didn't donate these things. I don't know what the
Speaker 5: fuck they think I'm dealing with these things. They won't
Speaker 5: even fucking talk to me. And I want my goddamn
Speaker 5: fucking unconditional promises to pay. I want my fucking notes.
Speaker 5: Where the fuck are my notes?
Speaker 3: And they will not respond to that.
Speaker 4: No, God, no, God no.
Speaker 3: So what's the next step for you to bring it
Speaker 3: to the next level to where it does get seen.
Speaker 5: Just keep keep helping people file suits, and just keep
Speaker 5: filing suits and just make this thing bigger and bigger
Speaker 5: until somebody can get some traction and then and then
Speaker 5: we'll start getting case law and persuasive authority and everything else.
Speaker 5: I mean, there's so many people doing this shit now.
Speaker 5: I don't think it's gonna I don't think it's going
Speaker 5: to be that much longer to be as with you, so.
Speaker 2: You had mentioned you had mentioned earlier, and I've seen
Speaker 2: certain social media eclips of people doing it as well,
Speaker 2: about how people are just walking into car dealerships and
Speaker 2: basically just getting cars for free. And it's it's not
Speaker 2: just a oh it happened one time and it was
Speaker 2: some kind of paperwork fluke or something like that. People
Speaker 2: are legitimately doing this seemingly on like a daily basis.
Speaker 2: How exactly is that process going down?
Speaker 5: It's the same thing when you sign the promisory knowe
Speaker 5: of the dealership, you just endorse it with a qualified
Speaker 5: and special endorsement. Same same thing the banks are doing
Speaker 5: when they take your note to the Federal Reserve discount window,
Speaker 5: same thing and basically operating as though you're a bank.
Speaker 4: Basically that's that's really all it.
Speaker 2: Is, and they have to comply. All the car dealerships
Speaker 2: have to comply. Like, are is there any push back?
Speaker 5: I think it's more exciting because again, like I said before,
Speaker 5: the note value when you go to the window is the.
Speaker 4: Maturity value of the note.
Speaker 5: So if a car note is you know, seven percent
Speaker 5: interest over five years, all that interest value is compiled
Speaker 5: into the note. So when they come back from the window,
Speaker 5: even after paying the discount rate of five percent, there's
Speaker 5: still a surplus of Federal Reserve notes because it includes
Speaker 5: that five years of seven percent interest. So what's happening
Speaker 5: is that not only are we getting free cars, but
Speaker 5: then what we're doing is we're actually suing the transaction
Speaker 5: company and the financial company and the dealerships to get
Speaker 5: all the additional cash value of the notes above and
Speaker 5: beyond the payment for the car. So it's actually even
Speaker 5: a step farther. We're actually litigating to get paid to
Speaker 5: take free cars.
Speaker 1: Oh my god, dude.
Speaker 2: And that's what's so crazy to me that well, I've
Speaker 2: seen before in other videos that basically these car dealerships
Speaker 2: are about to get sued by whoever's trying to get
Speaker 2: the free car. And I correct me if I'm wrong,
Speaker 2: but the car dealerships just don't want to be sued.
Speaker 2: They don't want any of that kind of shit, so
Speaker 2: then they just give you the car.
Speaker 5: That might be a no, oh no, no, no, they're
Speaker 5: because the thing is is that the dealerships really aren't
Speaker 5: the ones that are really culpable.
Speaker 4: I mean they kind of are.
Speaker 5: They're basically like like unknowing participants in the scam. They
Speaker 5: aren't really the ones that you want to beat over
Speaker 5: the head. It's the financial institution that when they take
Speaker 5: these notes, when you sign the note, they package up
Speaker 5: the note and they put it in the mail registered mail,
Speaker 5: and it gets sent to some bank or credit union.
Speaker 5: That's the entity that's really responsible for all of this
Speaker 5: scam and goofiness.
Speaker 4: The dealerships are.
Speaker 5: Just kind of like roped into it and they don't
Speaker 5: even know what they're doing. But yeah, we'll bang on
Speaker 5: the dealership real hard if we have to, especially if
Speaker 5: they're the one initiating like repossessions or whatnot, right because
Speaker 5: they can't be repossessing the car. Sometimes they do, and
Speaker 5: that just adds additional fuel to the lawsuit because the
Speaker 5: thing is they can't be they can't be repossessing if
Speaker 5: you gave them an note and that note had the
Speaker 5: full value, then the original car is the rea isn't
Speaker 5: Why when you look at twelve USC. Four one two,
Speaker 5: it says application for notes collateral required. The original note
Speaker 5: is the only collateral that's needed on any loan.
Speaker 4: It's not a loan.
Speaker 5: The house does not need to be collateral. The car
Speaker 5: does not need to be collateral, like they add these
Speaker 5: things as collateral fraudulently. The original note is all the
Speaker 5: collateral they need. It's the full collateralization of the entire swamp.
Speaker 4: So when they.
Speaker 5: Say when you give them the note, plus they make
Speaker 5: the car or the house on a mortgage the collateral,
Speaker 5: that's complete bullshit. The original note paid for the whole thing,
Speaker 5: and it's the only collateral needed.
Speaker 4: Twelve USC.
Speaker 5: Four one two clearly says that collateral is required, and
Speaker 5: the original collateral shall be notes, drafts, trade acceptances, the
Speaker 5: bills of exchange.
Speaker 4: They literally tell you right there. So when you look at.
Speaker 5: The agreement when you leave and it says that the
Speaker 5: car is going to be collateral on the loan, that's
Speaker 5: a complete fucking mistake.
Speaker 4: You just crossed that shit out.
Speaker 3: The car.
Speaker 5: The car is not collateral on the loan, and it
Speaker 5: shouldn't be collateral on the loan. The house shouldn't be
Speaker 5: collateral on the mortgage. It's irrelevant.
Speaker 4: You gave them the note. That's it. That's all they need.
Speaker 4: They can go to the window and the thing's fully
Speaker 4: paid for.
Speaker 1: Oh okay, all right, Well you got to.
Speaker 4: Think to yourself.
Speaker 5: You got to think to yourself, wtf happened in nineteen
Speaker 5: seventy one, just like you saw on that graph those graphs,
Speaker 5: so you know, in the sixties and in the early seventies,
Speaker 5: people actually owned shit. Now Here we are in twenty
Speaker 5: twenty five, nobody owns anything, the banks on everything.
Speaker 4: How did it happen so fast? How did it happen
Speaker 4: in fifty years?
Speaker 3: I mean people were still paying property taxes back in
Speaker 3: the fifties.
Speaker 5: Yeah, Well, besides probably taxes, I mean, like I mean,
Speaker 5: like ownership, Like everyone owes on their car. Nobody owns
Speaker 5: their car, nobody owns jack shit. Everyone's on leases, like
Speaker 5: you see the world where it's going, Like you know,
Speaker 5: in the fifties, you pay off your house and like
Speaker 5: you know. But the thing is is that, like you
Speaker 5: don't hear of anybody paying off their house anymore. You
Speaker 5: don't even hear people paying off their car anymore, hardly,
Speaker 5: Oh fuck I do.
Speaker 3: I guess that depends on where you live.
Speaker 6: Though.
Speaker 3: In my area we have a lot of industry and
Speaker 3: people make decent money when they you know, go to
Speaker 3: certain jobs like they do. But it is a rarity.
Speaker 3: You don't hear about it nearly as much as for
Speaker 3: damn sure. But it's also because like no other country
Speaker 3: on earth gives people thirty year fixed rate mortgages like
Speaker 3: that is such an American thing. No bank in their
Speaker 3: right mind would give you a secured thirty year mortgage
Speaker 3: locked in at four percent interests like that. That's crazy
Speaker 3: because who knows what the economics are going to look
Speaker 3: like in thirty years. But that's kind of what happened
Speaker 3: with the whole housing bubble issue.
Speaker 5: Well yeah, but what I'm explaining explains why they do that.
Speaker 5: The original note paid for the whole thing. The whole
Speaker 5: thing was paid upfront immediately. In fact, it was overpaid.
Speaker 5: So if you buy an eight hundred thousand dollars house,
Speaker 5: they actually got like one point two one point three
Speaker 5: one point four million, depending on the interest rate. So
Speaker 5: the thing is that the entire house was fully paid
Speaker 5: lost through a surplus of four or five hundred thousand
Speaker 5: dollars immediately just from processing the note on Fedoire. So
Speaker 5: you say to yourself, oh wow, I can't believe it.
Speaker 5: You should believe it, because they made five hundred grand
Speaker 5: profit after paying for the entire house literally instantly before
Speaker 5: you made a single payment on your mortgage.
Speaker 2: Now, a lot of people I know are really sketchy
Speaker 2: about trying to do this kind of stuff. As far
Speaker 2: as possibly, I'm not saying that you're evading taxes, it's
Speaker 2: kind of like a back doorway of paying them in
Speaker 2: a sense.
Speaker 1: But what most people like to bring up.
Speaker 2: Especially whenever it comes to taxes, you know, it's a
Speaker 2: it's it's al Capone, right, Like, and he went to jail,
Speaker 2: the famous mobster, he goes to Joe because he was
Speaker 2: evading taxes in some kind of way. Do you think
Speaker 2: that they kind of like made him a target to
Speaker 2: try and like maybe scare everybody else into paying their
Speaker 2: taxes In a sense.
Speaker 5: No, because if you go down the whole al Capone thing,
Speaker 5: they were trying to get him for all sorts of shit,
Speaker 5: and they couldn't get him on anything, and they were
Speaker 5: willing to get him on anything. It could have been
Speaker 5: mail fraud because he fucking put a stamp on upside
Speaker 5: down and they would have come. They were just they
Speaker 5: were just trying to just get him in any fucking
Speaker 5: way possible. Yeah, he wound up being a great, a
Speaker 5: great example of a tax situation. But if you if
Speaker 5: you look at his background, they were trying to get
Speaker 5: him on anything and anything anywhere. I mean, he was
Speaker 5: just they just wanted to fucking get that guy any
Speaker 5: fucking way they possibly could, and the tax avenue wound
Speaker 5: up being better avenue than a lot of other things
Speaker 5: that they were trying to do. But you got a
Speaker 5: real Another answer to your question is the fucking IRS
Speaker 5: tells you. I've already shown you that all they need
Speaker 5: is your authorization to settle the account on fedwire. I'm
Speaker 5: not doing if if the IRS says, send us a
Speaker 5: drafted bill and give us authorization to settle the account
Speaker 5: on fedwire, and I do exactly what they asked me
Speaker 5: to do. You saw my letter. It's got almost nothing
Speaker 5: on it. It's just got a thank you, a little
Speaker 5: bit of information, and then a quote of exactly what
Speaker 5: they say to do. I sent it in and I
Speaker 5: haven't heard anything since then. So you know, how can
Speaker 5: I be evading anything if I'm doing literally, exactly, word
Speaker 5: for word, exactly what they're asking me to do. They're
Speaker 5: asking me to send them a bill of exchange or
Speaker 5: registered bilic exchange.
Speaker 4: Which I did.
Speaker 5: They're asking me to authorize them to settle the account,
Speaker 5: which I did do using fedwire, which I did do.
Speaker 4: What else am I supposed to do?
Speaker 3: So, hypothetically speaking, this wasn't the government covering your bill?
Speaker 3: And then they're going to start garnishing your wages to
Speaker 3: make their money back on the back end. That's there's
Speaker 3: not even in the conversation here.
Speaker 5: Well, well, no, I mean I don't even have a
Speaker 5: personal bank account. I have all private trusts all over
Speaker 5: the planet, and I even have my own private nation,
Speaker 5: and I even have trusts that were born out of
Speaker 5: my own private nation that aren't even in like the
Speaker 5: corporate international sphere at all. It's actually like completely outside
Speaker 5: of even the international law. So that's a whole nother
Speaker 5: I mean, my bank accounts, you can't even you if
Speaker 5: you had all the money in the world, and you had,
Speaker 5: you know, fifteen hundred attorneys and you were paying every
Speaker 5: single one of them two thousand dollars an hour, You're
Speaker 5: never going to get a penny out of me in
Speaker 5: twenty five years of work, gotcha.
Speaker 2: But if you didn't have all your money and trust
Speaker 2: like that, they would probably try to come garnish your wages.
Speaker 1: I think that.
Speaker 4: I don't think so.
Speaker 3: No.
Speaker 5: If I had a personal account, which is actually just
Speaker 5: a business account on behalf of the sole proprietorship, I
Speaker 5: still would recommend that you follow the instructions of what
Speaker 5: the IRIS is asking you.
Speaker 4: To do the iris.
Speaker 5: When you send in federal Reserve notes, you're sending in
Speaker 5: a negotiable instrument to settle the account if you send
Speaker 5: in the original bill, if they sent you, which is
Speaker 5: a negotiable instrument, and you authorize them to settle the
Speaker 5: account using that negotiable instrument that they sent you, and
Speaker 5: you endorse it correctly to make sure that they can
Speaker 5: actually utilize it, excuse me, And you authorize them to
Speaker 5: settle the account using a bill of exchange or registered
Speaker 5: bill of exchange on fedwire. It's the same exact thing
Speaker 5: as sending in Federal Reserve notes.
Speaker 4: It's the same thing.
Speaker 2: I mean, it seems like a fairly simple process if
Speaker 2: you're just following what you've been showing today.
Speaker 5: So people are running around and they're creating all of
Speaker 5: these processes, and it's like you ask them, like, where
Speaker 5: did you get these processes from? For example, one of
Speaker 5: the most popular processes, you're going to find out there
Speaker 5: is one called a four V accepted for value. And
Speaker 5: I tried that shit, and I did that shit. And
Speaker 5: there's like whole books on this whole accepted for value thing, right,
Speaker 5: and they write all this weird shit on the front
Speaker 5: that look kind of like endorsements, right, but when you
Speaker 5: read U sec three, none of that shit's in UCEC three.
Speaker 4: So it's like this weird, horrible.
Speaker 5: Misunderstanding, Like, yes, you're writing things in the face of
Speaker 5: the instrument.
Speaker 4: It's the same thing, but they're.
Speaker 5: Writing all this weird shit, and they're writing like social
Speaker 5: Security numbers, and they're doing all this stuff that the
Speaker 5: terminology accepted for value is actually found in UCC article three,
Speaker 5: And it's actually just basically like like if you have
Speaker 5: an instrument and you accept the entire value of the instrument,
Speaker 5: rather than like two people accepting part of the instrument,
Speaker 5: like two people can accept like fifty percent and fifty percent,
Speaker 5: it wouldn't be accepted for value. It's like a whole
Speaker 5: different thing. It's like an advanced banking thing that no
Speaker 5: one's ever going to use. Someone saw that and UCC
Speaker 5: three and ran off with it and created this like
Speaker 5: completely insane thing that has like nothing to do with anything. Yeah,
Speaker 5: whereas UCC three literally tells you there's a fucking blank endorsement,
Speaker 5: there's a fucking special endorsement. Like everything I've been teaching
Speaker 5: you guys on the show. If I do another screen
Speaker 5: share I can literally show you if we go to
Speaker 5: UCC three and I can show you all of the
Speaker 5: original places where these things are talked about. So UCC three,
Speaker 5: it starts with general provisions and definitions. Then it moves
Speaker 5: into negotiation, transfer and endorsement. Oh three dash two five?
Speaker 5: What's it called? Special endorsement? Blank endorsement and another kind
Speaker 5: of endorsement that I never talk about because I don't
Speaker 5: think anyone's ever going to use it.
Speaker 4: It's literally right here.
Speaker 3: The Sovereign Citizen grouping loves the A four V and
Speaker 3: a lot of them have gotten arrested for income tax
Speaker 3: asion trying to play that game. It's it's like you said,
Speaker 3: as somebody found it, wrote a couple of books about it,
Speaker 3: sold it to some people, and it's not working well
Speaker 3: for people.
Speaker 4: Yeah.
Speaker 5: So the thing is is that why would you go
Speaker 5: and manufacture this whole big, crazy thing when if you
Speaker 5: want to see what a restrictive endorsement is, you just
Speaker 5: go to three dash two oh six and it tells
Speaker 5: you exactly what a restrictive endorse It's a different type
Speaker 5: of endorsement. It's also one that you're really not going
Speaker 5: to necessarily use. This one's a little bit more applicable.
Speaker 5: But I don't talk about it because it's just not
Speaker 5: for what we need. All we need is the special endorsement,
Speaker 5: the blank endorsement, and the qualified endorsement, right and you
Speaker 5: know three dash two O four endorsement. Here's all the
Speaker 5: information about endorsements right here. So what I did was
Speaker 5: I stopped listening to everybody else, and I buckled down
Speaker 5: and I read you see see article three, all six parts,
Speaker 5: over and over and over and over, slowly clearing up
Speaker 5: all of the misunderstood words in a legal dictionary and
Speaker 5: looking up the court cases associated with them, and then
Speaker 5: reading all of it again, and then looking up more
Speaker 5: court cases, and then reading it all again, and then
Speaker 5: clearing up all the words of the definitions, and then
Speaker 5: reading it again, and then looking up more definitions, and
Speaker 5: then reading it again, and then looking up more court cases.
Speaker 5: And it's honestly still continuing even to this day. The
Speaker 5: quote I just got sent this quote the other day.
Speaker 5: It's a fantastic quote. I put it on my case
Speaker 5: law page. I'm going to use it in some of
Speaker 5: my cases.
Speaker 4: Right.
Speaker 5: We have a whole section on the signatures. We have
Speaker 5: a section on fictitious payees, which is one of the
Speaker 5: ways that they can dishonor the instrument. We have alterations.
Speaker 5: There's a whole rules list on you know, alterations of instruments.
Speaker 4: Right.
Speaker 5: One of the coolest things that you can learn about
Speaker 5: negotiable instruments is three to one one four. If an
Speaker 5: instrument contains contradictory terms, type written terms prevail over printed terms.
Speaker 5: Hand written terms prevail over both. So if you receive
Speaker 5: a bill and you just start marking it up with pen,
Speaker 5: you can write whatever the fuck you want on it.
Speaker 5: Handwritten terms prevail over everything. So when you're the holder
Speaker 5: and you have a pen in your hand, you're the
Speaker 5: god of the negotiable instrument. You really are the god
Speaker 5: of the negotiable instrument.
Speaker 4: And when you.
Speaker 5: Realize how much power you have as the holder with
Speaker 5: a pen, it's fucking unbelievable.
Speaker 4: You can change the fucking do date of a dollar.
Speaker 3: Bill is a negotiable instrument?
Speaker 4: Correct?
Speaker 3: Yes, So I could take a one dollar bill with
Speaker 3: a sharpie and turn that into a one hundred dollars bill,
Speaker 3: and that's legally supposed to be accepted.
Speaker 5: I mean, I have never seen anyone do that. I've
Speaker 5: had people bring that up that would be a very
Speaker 5: very interesting thing to try to do and then get
Speaker 5: that through a court, because the thing is is that
Speaker 5: the way you would win a case like that is
Speaker 5: you would just say one or one hundred of what,
Speaker 5: and they can't answer that question. So because after nineteen
Speaker 5: seventy one, the dollars aren't connected to gold anymore, so
Speaker 5: you say one or one hundred of what, there is
Speaker 5: no answer. So you could do that, You're gonna you're
Speaker 5: gonna have a hell of a fucking uphill battle in
Speaker 5: the courts. But you could technically, as far as I
Speaker 5: know from all the research I've done, yes, you could
Speaker 5: technically do that.
Speaker 3: That was an example. I'm pretty sure at that point
Speaker 3: you would get into counterfeit laws, and that is very
Speaker 3: much against the law. So it's a.
Speaker 5: No no because if you start getting into counterfeiting and
Speaker 5: some like that, you start getting into they use the
Speaker 5: word deface.
Speaker 4: Deface.
Speaker 5: Deface basically means eliminate the negotiability of if you write
Speaker 5: one zero zero or two zero's after the one, you
Speaker 5: aren't actually defacing the instrument.
Speaker 4: So technically, anyways.
Speaker 3: What they classify as defacing, right, I mean, I've no
Speaker 3: defacing has an actual most things have like very very
Speaker 3: specific definitions with a lot of the stuff.
Speaker 5: Like if we go back to section one and we
Speaker 5: go to three tosh one oh three, these are just
Speaker 5: definitions for the article, and you can go down you
Speaker 5: can see consumer transaction, consumer account accept or draw ed,
Speaker 5: draw er maker order, ordinary care party, principal obligor promise,
Speaker 5: prove remitter, remote created consumer items, secondary obligor acceptance, accommodated party, accommodation, party,
Speaker 5: account alteration, amalmus endorsement, blank endorsement, cashier's check, certificated deposit,
Speaker 5: certified check, And you can see all these definitions. They
Speaker 5: have definitions for everything, and that's what took me so long,
Speaker 5: because you have to understand it's basically like an entirely
Speaker 5: different language essentially, is what we're learning here, right, So,
Speaker 5: like the way I look at all this stuff is
Speaker 5: I'm just learning French.
Speaker 4: That's it. It's that simple.
Speaker 5: I'm learning French or Portuguese or whatever, and that's really
Speaker 5: all it is. I'm just learning a different language. It's
Speaker 5: just that simple. And when I learned the language, I
Speaker 5: get infinite money.
Speaker 4: It's that simple.
Speaker 2: Yeah, you're just taking symbols and seeing what they mean.
Speaker 2: According to them and using it in your favor because
Speaker 2: they've been doing that to everybody else since at least
Speaker 2: nineteen thirty three.
Speaker 5: Yeah, and then, and then eventually, after I did the
Speaker 5: six part series, the Journey into UCC three series, I
Speaker 5: still didn't understand it well.
Speaker 4: Enough to do this flow chart.
Speaker 5: This flow chart didn't come out until like November or December,
Speaker 5: and the course was in August.
Speaker 4: So after doing the six.
Speaker 5: Part series, I was still continuing to study and look
Speaker 5: at court cases and all this stuff. And then finally
Speaker 5: in November or December, I felt like I had a
Speaker 5: good enough understanding of all the information from a visual
Speaker 5: standpoint to start building out this flow chart. And then
Speaker 5: that's and then I put all the definitions that apply
Speaker 5: in the flowchart on either side in the red boxes.
Speaker 5: So all you need to do when you're looking at
Speaker 5: the flow chart is just plug in whatever definition of
Speaker 5: whatever word that you're not understanding, literally from just the
Speaker 5: red boxes on the side of the float chart, and
Speaker 5: you've got it. Now, you still have to read you
Speaker 5: see see article three over and over and over and
Speaker 5: over and over to understand the flowchart really really well.
Speaker 5: But the six part video series, I'm literally wearing like
Speaker 5: silly outfits. In one of the videos, I'm wearing like
Speaker 5: an old like English outfit with like a frilly thing,
Speaker 5: and in another video, I'm wearing my boy at MANKINI
Speaker 5: I don't stand up obviously because I'd get banned off
Speaker 5: of YouTube immediately.
Speaker 4: But I'm wearing all these like silly outfits.
Speaker 5: And there's like parts where I get like irritated and
Speaker 5: I start screaming for whatever reason. Then there's parts where
Speaker 5: I'm like singing and this is like totally fucking crazy, right,
Speaker 5: But there's six videos where we go into the six
Speaker 5: different subs chapter parts of UCC article three, and then
Speaker 5: later at the end of the course, I create this
Speaker 5: flow chart and then there's a whole video of me
Speaker 5: breaking down.
Speaker 4: This whole flow chart basically, right.
Speaker 5: So, like, if you want the easiest route to understand
Speaker 5: this shit, you watch my six part series a Journey
Speaker 5: into UCC three, then watch the flow chart video, which
Speaker 5: is post course video number one. Then go back to
Speaker 5: the beginning and watch the six part series again, then
Speaker 5: watch the flow chart video again. Then go and read
Speaker 5: UCC three yourself. Then go to Google scholar and go
Speaker 5: to case law right here case law and type in
Speaker 5: like negotiable instruments, and start reading some cases involving negotiable instruments,
Speaker 5: or type in unconditional order to pay or bill of
Speaker 5: exchange and start reading various cases involving bills of exchange
Speaker 5: or whatever. Or type in the word endorsement and start
Speaker 5: looking at cases where they're talking about an endorsement. You'll
Speaker 5: see there are pretty much all banking cases banking banking, banking, right,
Speaker 5: so a check bearing a forged instrument, including now talking
Speaker 5: about the UCC. Here you can see it's one dash
Speaker 5: two oh one. This is the UCC. So we can
Speaker 5: go in here and we can read this case Parini Corp.
Speaker 5: Versus First National Bank of Habersham County. This comes from
Speaker 5: the Court of Appeals, Fifth Circuit from nineteen seventy seven.
Speaker 5: We can go through here and we can use a
Speaker 5: fine feature type in endorsement and go down and you
Speaker 5: can see there's like eight million spots forged endorsements, forged checks.
Speaker 5: So now you're going to start building out case law
Speaker 5: and you're going to start reading these cases. And now
Speaker 5: you're going to start building your case. This is how
Speaker 5: you build your case for your litigation. And you say,
Speaker 5: people always say whenever I start getting into this, Oh
Speaker 5: my god, I don't have time for this, and blah
Speaker 5: blah blah. Well, you know, they're stealing your shit every
Speaker 5: single fucking day. They're stealing the shit of all your
Speaker 5: friends and all your families. They've been fleecing you since
Speaker 5: the day you were fucking born. You don't own a
Speaker 5: goddamn thing. You can get infinite money from this. It's
Speaker 5: not gonna happen overnight. It's super fucking freeing Emotionally, it's
Speaker 5: fucking awesome. You're gonna feel like such a fucking badass.
Speaker 5: It's gonna rekindle all the empowerment you have, all the
Speaker 5: power in a fucking signature. You never knew you had
Speaker 5: any of this fucking power. You thought you these banks
Speaker 5: for these big, huge, fucking you know, unconfrontable golias that
Speaker 5: you could never, you know, hope to do anything with.
Speaker 5: You go in and you try to suck someone off
Speaker 5: for a fucking loan when you're the fucking one with
Speaker 5: the goddamn value that puts the fucking endorsement on the
Speaker 5: goddamn thing to begin with. They're fucking scam artists, and
Speaker 5: they swap the goddamn thing at the fucking Federal Reserve
Speaker 5: window and you're going in.
Speaker 4: Trying to suck them off like a fucking circus seal.
Speaker 4: Are you kidding me? What the fuck? It's ridiculous.
Speaker 5: You're the one with the credit, Your signature creates the
Speaker 5: value for the promissory note that they basically get you
Speaker 5: to unknowingly give them for free.
Speaker 4: It's fucking insane. I get it that it takes time.
Speaker 5: I get it that it's worked, but like, what the fuck, bro, Like,
Speaker 5: this country is gonna be gone if we don't fucking
Speaker 5: do something about this. It's gonna be gone. So, yes,
Speaker 5: it's work, Yes it's this. Yes, it's that. If you're
Speaker 5: tired of getting fucked and you'd like to have infinite money,
Speaker 5: and you'd like to know and what it feels like
Speaker 5: to feel super super empowered by understanding that you're the
Speaker 5: one that creates all the value for all of these
Speaker 5: various systems. And when you realize that, you realize that
Speaker 5: you're the one calling the shots, and you're the one
Speaker 5: who can fucking sue them, and they're the ones who
Speaker 5: are gonna be fucked, not you.
Speaker 3: But that's why you create your own nation, right because
Speaker 3: this country is gonna go by the wayside if we
Speaker 3: can even acknowledge that this country exists, right, you have
Speaker 3: your own nation, so you're chilling.
Speaker 5: Well, no, because the thing is is that you know, legally, yes,
Speaker 5: but if if, if there's riots on the streets and
Speaker 5: the fucking everything collapses and everything goes as shit, the
Speaker 5: legal system collapses, my nation doesn't help me at all.
Speaker 4: M I'm with you.
Speaker 5: My nation is only useful in a in a legal
Speaker 5: or international law or domestic law application. Outside of that,
Speaker 5: it's it's it's pointless, it's it has no it has
Speaker 5: no anything really at all.
Speaker 2: This might be well, I was gonna say, this might
Speaker 2: be a silly question, but just for the sake of
Speaker 2: shits and gigs, have you ever thought about actually changing
Speaker 2: your name legally to one middle name, stupid last name?
Speaker 1: Fuck?
Speaker 3: No?
Speaker 5: But what I what I have done, and I've told
Speaker 5: a lot of my audience the funniest shit you can
Speaker 5: do in the whole fucking world, And I think like
Speaker 5: one guy tried it and the judge wouldn't let him
Speaker 5: do it is change your name legally to without recourse. Oh,
Speaker 5: if you legally change your name to without recourse, you're
Speaker 5: never gonna have to pay a bill ever again. And
Speaker 5: if you have kids, name your kids without recourse, like,
Speaker 5: don't even let them know, just like on the legal document,
Speaker 5: just put like first name is without last name is
Speaker 5: recourse and walk out with a fucking birth certificate if you.
Speaker 5: I mean, most people who watch my shit don't want
Speaker 5: to get a bertificate. But if you, if you do
Speaker 5: get a birth certificate, name your kid without recourse legally
Speaker 5: and then leave and just name him Jim, and just
Speaker 5: just never let Jim know that you actually legally name
Speaker 5: Jim without recourse.
Speaker 3: Don't do that, because then there'll be a whole corporation
Speaker 3: within the government named without recourse, and that'll open up
Speaker 3: a whole other level.
Speaker 4: No, that's okay, that's okay, because the.
Speaker 5: Thing is that if you name your kid without recourse,
Speaker 5: then whenever he signs his name, he's endorsing without recourse.
Speaker 5: So literally he would never ever have to pay a
Speaker 5: bill for as long as he lives. It would be
Speaker 5: physically impossible to make that child ever pay a bill. Ever,
Speaker 5: every bill would be self discharged. It's fucking hilarious. There's
Speaker 5: a lot of really goofy things you can do when
Speaker 5: you start to understand all this shit, right. I think
Speaker 5: we had one guy who filed because I did file
Speaker 5: a legal name change. I had my name legally changed
Speaker 5: from all caps Brandon Joe Williams to upper and lower
Speaker 5: case Brandon jo Williams.
Speaker 4: Is literally a public case.
Speaker 5: You can look it up in the Superior Court of
Speaker 5: Los Angeles.
Speaker 4: It's a public case.
Speaker 5: I even have a link to it on my Williams
Speaker 5: and Williams Law firm dot com website. There's linked to
Speaker 5: go to the Treilis case to look at it for yourself.
Speaker 5: There's a lot of things that I've done. I've filed
Speaker 5: the UCC one financing statements, I've done the name change process.
Speaker 5: I also did a federal registered trademark on my name
Speaker 5: in all capital letters.
Speaker 4: And you ask, like, what the fuck's that for.
Speaker 5: Well, the credit reporting agencies make money by selling credit reports,
Speaker 5: and that name is basically a trade name. So when
Speaker 5: you do a FED federally registered trademark through the USTPO,
Speaker 5: then what happens is now they can't put any negative
Speaker 5: items on your credit and if they do, it's like
Speaker 5: fifty thousand dollars that you can sue them in a
Speaker 5: civil court in a federal court every single time they
Speaker 5: do it. So that's another way you can get infinite money.
Speaker 5: As you do a federally registered trademark sue them. Part
Speaker 5: of the relief section of the civil lawsuit is going
Speaker 5: to be like, hey, I have a registered trademark on
Speaker 5: this name. From now on, if you guys want to
Speaker 5: put anything on this credit report, you need to call
Speaker 5: me and get my approval as the trademark holder on
Speaker 5: this Otherwise, every single time you do it, I'm getting
Speaker 5: fifty grand. And you can actually ask the judge for
Speaker 5: an injunction. You can actually get a permanent injunction from
Speaker 5: a judge. And then at that point, now you can
Speaker 5: go out and get all these credit cards, all these loans,
Speaker 5: never pay them and they can never report it, so
Speaker 5: your credit score never goes down.
Speaker 4: So you just keep.
Speaker 5: Getting more and more and more and more credit forever
Speaker 5: and no one can stop you.
Speaker 4: And there's other ways too.
Speaker 5: I've only given you guys a couple of ways, like
Speaker 5: five or six different ways that you can pull this
Speaker 5: shit off, right, And so what we're doing is we're
Speaker 5: trying to figure all this out. We're trying to test things,
Speaker 5: and then we're trying to push these things through and
Speaker 5: actually make these things a reality. And that's a lot
Speaker 5: of what we're doing in a lot of our lawsuits
Speaker 5: and a lot of our test groups and just all
Speaker 5: sorts of.
Speaker 4: Different things that we have.
Speaker 5: And I mean, there's just so much of this happening
Speaker 5: and there's so many people doing it that it's going
Speaker 5: to crack at some point.
Speaker 4: The problem is the courts are very very slow.
Speaker 5: And I actually, as I've learned more and more and
Speaker 5: more about the system and the way our society works
Speaker 5: and everything else, it's actually a really good thing. The
Speaker 5: courts are.
Speaker 4: Really really really slow. Like people get arrest.
Speaker 5: And then they get out on bail and then they
Speaker 5: don't even have like a fucking trial for like two
Speaker 5: or three years and shit like all that kind of stuff.
Speaker 4: That's pretty normal.
Speaker 5: That's like kind of the ways it sort of it's
Speaker 5: supposed to be in certain areas certain areas, no certain areas, yes,
Speaker 5: because you also have like the right to a speed trial.
Speaker 5: I think that's more applicable for like criminal situations, but
Speaker 5: like civil stuff and all that, it's really slow for
Speaker 5: a reason. You know, I actually don't hate it. I
Speaker 5: don't hate how slow it is. But it is fucking slow.
Speaker 5: So the idea of everything I'm explaining to you and
Speaker 5: everything I'm talking about, you got to realize. I filed
Speaker 5: my very very first civil lawsuit in January of twenty
Speaker 5: twenty four. It was all fucked up. It was a mess.
Speaker 5: We barely got it even rolling. You know, Since then,
Speaker 5: I filed maybe nine or ten other cases. And I
Speaker 5: think just now, as of the past like month or
Speaker 5: forty five days, I'm just now kind of sort of
Speaker 5: starting to get the hang of the basic aspects of litigation, right, So,
Speaker 5: like the first step is obviously getting used to the basics,
Speaker 5: and then from there, now we can get into more
Speaker 5: advanced strategies, and then from there we can start winning
Speaker 5: cases obviously, right, But like I thought to myself, well
Speaker 5: fuck it, I'm just going to broadcast everything and let
Speaker 5: everybody know and kind of show everybody what I'm doing
Speaker 5: and where I'm fucking everything up as I'm going. And
Speaker 5: then everyone else was watching me, and they all wanted
Speaker 5: to fucking go out and file all their own lawsuits
Speaker 5: and all their own shit. And then now they're talking
Speaker 5: about it, and now I share their shit. Right at
Speaker 5: the beginning, it was just me and a couple other guys.
Speaker 5: Now it's like it seems like every fucking day there's
Speaker 5: something going on or somebody posting something, or a lawsuits
Speaker 5: getting popping or something. We even have one of the
Speaker 5: guests I had on my show a couple of days ago,
Speaker 5: as an active sixteen year police officer. He went and
Speaker 5: got a free car, and then they fucked him around
Speaker 5: and he went the local DA and he's trying to
Speaker 5: activate criminal charges for forgery on a negotiable instrument.
Speaker 4: We have another guy named David. He got two free cars.
Speaker 5: He got a brand new dark Horse Mustang and a
Speaker 5: brand new like F one fifty or something. He went
Speaker 5: to his local DA because they they changed his endorsement
Speaker 5: when it got to the actual credit union or whatever
Speaker 5: somewhere in between, somebody had actually illegally changed his endorsement,
Speaker 5: which is like totally monster felony. He went to a
Speaker 5: local liberal DA that's like hot to trot. She wants
Speaker 5: to fucking like like get higher on her like she
Speaker 5: wants to become like a higher level DA or whatever.
Speaker 5: And she's like, we actually have a lot more successful
Speaker 5: liberal das on this stuff. For whatever reason, and she
Speaker 5: actually picked up the case. She actually picked up the case.
Speaker 5: We actually have a full blown criminal fraud case on
Speaker 5: negotiable instruments that is actually actively getting off the ground
Speaker 5: being prosecuted. It's our first criminal case. Uh you know,
Speaker 5: civil's easy. Civil, just draw it up and you turn
Speaker 5: it in and then you pay the fee and then
Speaker 5: boom it starts.
Speaker 4: Right.
Speaker 5: Criminal you have to go through like local DA's to
Speaker 5: get those activated. Right, So it's our first criminal case
Speaker 5: that we've gotten traction on involving negotiable instruments. So you know,
Speaker 5: it all starts somewhere, you know, and I think it
Speaker 5: starts here.
Speaker 2: So hell yeah, man, well look keep up the progress.
Speaker 2: I'm so happy to see how all this is playing out.
Speaker 2: I'm happy that you have a bunch of other people
Speaker 2: that are also working with you so that you can
Speaker 2: kind of speed up the progression of your understanding of
Speaker 2: how the system you know fully works. And look, I mean,
Speaker 2: we're we're we're happy that you can come here and
Speaker 2: kind of share this information with all of our good
Speaker 2: cult members worldwide and well especially the ones in the
Speaker 2: United States who you know might be able to take
Speaker 2: advantage of your teachings here.
Speaker 5: If any country with a central Bank, from my knowledge,
Speaker 5: has the exact same system like England Canada. All their
Speaker 5: currencies are all just the same thing. Unconditional promises to
Speaker 5: pay and unconditional orders to pay. It's all the same thing,
Speaker 5: by the way.
Speaker 2: Okay, well there you go. But yeah, man, this was
Speaker 2: this was awesome. I mean, I'm gonna have to go
Speaker 2: back and listen to it a couple of times and
Speaker 2: watch it because it's it seems so technical, I'm sure
Speaker 2: to you it probably even seemed a little bit technical
Speaker 2: even in the beginning, especially whenever you're understanding the different
Speaker 2: definitions of words and whatnot and.
Speaker 4: All the legal hearsay.
Speaker 2: But yeah, man, this is this is fascinating and I
Speaker 2: appreciate you coming.
Speaker 1: In and spreading the wealth of information, sir, So if
Speaker 1: you could, could you let all of our good.
Speaker 2: Cult members know, if they don't know already, could you
Speaker 2: let them know where they can find you and all
Speaker 2: of your work and follow you on this journey as well.
Speaker 4: Yeah. So, I have a free course. It's a two
Speaker 4: point zero version. Currently. The first part of the course
Speaker 4: covers a lot of what we covered.
Speaker 5: In the last show, like nationality, this and ship taxation.
Speaker 5: The second part of the course is driving traveling titles
Speaker 5: has a lot to do with titles, the driving and
Speaker 5: traveling thing. Just like I talked to you guys about
Speaker 5: in the last show, A lot of it comes down
Speaker 5: to titling, right, Titling is really a lot more important
Speaker 5: than people think it is. And then the third part
Speaker 5: is negotiable instruments and financial is. The fourth part is
Speaker 5: litigation and litigation tactics.
Speaker 3: Right.
Speaker 5: So that course is called the free Contract Killer Course.
Speaker 5: And you can sign up at Williams and Williams Law
Speaker 5: Firm dot com. And you can also sign up at
Speaker 5: one stupidfuck dot com.
Speaker 2: Hell yeah, well look, we're gonna have those links down
Speaker 2: in the show notes below. Jacob, can we get some
Speaker 2: knife hands up in this bag.
Speaker 3: If you haven't already, Dear cult members, then please at
Speaker 3: this time hit the five stars at the shows, the
Speaker 3: licensed guns, common sleep, a posty review, and shares with
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Speaker 3: more activity our algorithm see across all of our listening platforms,
Speaker 3: the more we get promoted to more potential listeners who
Speaker 3: could that become potential cult members like the rest of you,
Speaker 3: fine ladies and gentlemen, why are you ready to go
Speaker 3: check out metamistery Jonathan's other show and give them all
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Speaker 3: Everybody's already going and done so.
Speaker 2: And with that being said, this was another beautiful episode
Speaker 2: of the Cults of Conspiracy. And my name is Jonathan
Speaker 2: greg and there's one very important, extremely vital piece of
Speaker 2: information we need you to learn just as soon as
Speaker 2: humanly possible.
Speaker 1: Oh betterar.
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