I would like to ask what positive results can be made from non endorsement of the FED's private credit. How can we know that this action has done anything to bring down the FED? I am fed up with the FED and I want to take an active part. I am using the non endorsement of private credit by using verbiage on my paychecks. How can I know that my efforts have done anything to the FED? What results should I see or can I see?

Good question... I also agree that if everyone stopped using and endorsing private credit from the fed that the fed would be severely crippled, if not whiped out completely. I would suggest you contact david merill on this subject. My area of expertise is INCOME TAX, his is the federal reserve. Although me and him have disagreed on things (regarding income tax) in the past, i feel he is probably one, if not the most knowledgeable people on the site concerning the fed.



Take care...

The main advantage to non-endorsement is that you have no tax liability on that income if you have redeemed lawful money instead of private credit. The Return of Income required is for the use of Fed's private credit.

I am just going to have to produce a much shorter video. That would be better than explaining this so many times so many ways. I will get to work on that instead. I will subscribe to this thread though...



Regards,

David Merrill.

I would like to thank David Merrill and Lawrence for their input. I would still like to know from Mr. Merrill if I am doing it properly by using the verbiage he has mentioned on my checks along with my signature under it. I have been talking to the tellers at the bank where I am cashing my checks. I have been educating them about the Federal Reserve. I had recently found a copy of a 1934 twenty dollar Federal Reserve Note at an antique store. Unfortunately someone bought it before I had a chance to get it. It had the verbiage on the note about redeeming the FRN for lawful money. I mentioned this to the teller at the bank and she has been looking for these bills. One came through the bank, a 100 dollar note from the 1930's however she missed getting a copy of it to show me. This teller is very interested in learning more about this. Maybe this is a way to get others aware of Federal Reserve. Show them the older notes and relate it to the section of the U.S. Code. I also asked the teller what the bank would do if someone came into the bank with many U.S. Notes. She said she did not know. What do you think?

The law stipulates that you must demand lawful money.

"They [FRNs] shall be redeemed in lawful money on demand..."

The bank cannot open a separate accounting for US notes in the form of FRNs because that will crash the gold windows between the US and the UN's IMF Trust Fund. Note the price of gold is still earmarked at $42.22/ounce.

http://www.federalreserve.gov/releases/bulletin/0508assets.htm

Congress is fudging the books - because FRNs are not the US dollars they are generally considered to be. Therefore the banking policy as stated by Congress is to accept US notes for face value in FRNs when you can see by the assets report that they are approximately 20 to 1 value in gold ($42.22/ounce to Spot).

So the matter of doing it correctly is a moot point. If you are demanding lawful money instead of private credit you are doing it.



Regards,

David Merrill.

Post edited by: David Merrill, at: 2008/07/13 02:45

Post edited by: David Merrill, at: 2008/07/13 02:47

We must stop the Federal Reserve before our nation is completely destroyed! The U.S. Code states that all Federal Reserve Notes can be redeemed at any Federal Reserve Bank for lawful money. This is a fact! I propose to all the members of RTR to start today. Talk to everyone they know and get a copy of the section of U.S. Code that details the redemption of Federal Reserve Notes in lawful money. Make copies of this to give to people and show them how to do it. Take a stamp with the verbiage equivalent to the statements in the U.S. Code or just state the code itself and show our people how to do it and what to do. I believe that if we get enough people across the country to begin doing this in mass numbers we can have an impact on the Federal Reserve Banking system. The bank tellers across the country need to be bombarded by citizens demanding lawful money and non endorsement of the FED's private credit. I challenge all RTR members to light the match to this firestorm and let it sweep across the country like the fires in California. The fires of true patriotism could cause the complete and utter destruction of this monstrous system known as the Federal Reserve. Americans, our country is at stake. We must do something now!

Post edited by: Spiritof76, at: 2008/07/17 02:09