As we presented in our Part Three, Section B within the 7th and 8th paragraphs, singular American people are the intended third-party beneficiary of the contract entered into between the Congress and the agents of central bankers per passage of the 1913 Federal Reserve Act. And that is why those people who choose to endorse Federal Reserve Notes literally bond that global currency with their energy. Also presented is that “lawful money”, referenced in Section 16 of that Act, is not taxable, because it’s issued by the sovereign – the American people’s shared sovereignty (under God’s sovereignty) – per our creation of our Union from our authority in our landed estate (See our History Section B, page 1, found on the sidebar of this site). Only the currency issued by a private bank is taxable, and the Federal Reserve is a private mostly-foreign-owned banking corporation. We explain more about that below.
We further presented in Section B, within its 10th paragraph, that in 1866 the banker-influenced Congress passed the Contraction Act, which retired from circulation some of the silver-backed treasury notes called “Greenbacks”, the paper money / notes issued during President Lincoln’s administration. Today, our national money is just termed “United States Notes” and is lawful money of exchange, although they are not redeemable in specie. For our purpose, our demand to handle redeemed lawful money is what’s important.
The quantity of United States Notes is maintained at $300,000,000, and those notes only circulate within central bank vaults, the reason –- per Fed bankers –- is that Federal Reserve Notes serve the same purpose (for payment of debts), that most people use FRNs, and that U.S. Notes are costly to reproduce when worn out. United States Notes show only the red seal of the Treasury plus the signatures of the Treasurer of the United States and the Secretary of the Treasury, while FRNs show the seal of the United States Federal Reserve System plus the green seal of The Department of the Treasury. U.S. Notes can occasionally be found at a coin dealer, as a novelty, because they don’t generally circulate; they are spendable, but will cost more than the spendable face value. This information about U.S. Notes is verified per Section 5115 of Title 31 U.S. Code: “(a) The Secretary of the Treasury may issue United States currency notes. The notes-- (1) are payable to bearer; and (2) shall be in a form and in denominations of at least one dollar that the Secretary prescribes. (b) The amount of United States currency notes outstanding and in circulation-- (1) may not be more than $300,000,000; and (2) may not be held or used for a reserve.” That final statement means a bank cannot use U.S. Notes –- since that’s national money –- for its fractional banking activities (the bank can retain 10% worth of deposits and loan out 90%, within the Fed’s regulatory guidelines). Both forms of notes are legal tender, but only U.S. Notes are lawful money. That is verified per 31 USC Section 452, which states (the emphasis is ours): “United States notes shall be lawful money, and a legal tender in payment of all debts, public and private, within the United States, except for duties on imports and interest on the public debt.” In Section 5103, Federal Reserve notes are designated only as “legal tender for all debts, public charges, taxes, and dues.” FRNs are not designated as “lawful money”, although legal tender is lawful to use. Notice that U.S. Notes are payable to bearer, which is important, as we’ll explain. Also realize that the word “legal”, as in legal tender, conveys a means (tender) to transfer right, title and interest to or in property. In other words, the right of money is not the same as Use of the right of money; the first is property, and the latter references an equitable or beneficial interest in money through possession. Another way we can think about money and debt is that money is the means of exchanging energy with others, and debt is the means of extracting energy from others. As we’ve stated in other Sections of this post, the court system is based on the extraction of energy, caused by the Lien people put on their energy when endorsing the Fed’s private credit system.
The Fed’s currency is spent into circulation, because people cause the circulation upon their decision to not redeem a banking instrument for lawful money, and, when people obtain loans from banks. FRNs are obligations of the United States (the post Civil War United States entity) per 31 USC Section 411, so people who energize them become “subject to the jurisdiction” of the United States per the 14th Amendment. We explain exactly how the 14th Amendment is utilized by officers in the Federal Reserve System within our History Section B on its page 8 (accessed from this site’s sidebar).
Per the Fed Act, the Congress only requires that we make a demand for lawful money as the means of indicating that we choose to not endorse / energize the private credit of foreign bankers (who internally manipulate their debt-based currency to their own gain). One makes the demand on the back of a banking instrument, such as a check, by writing or stamping (a stamp can be acquired via a private vendor) “Redeemed in lawful money, per 12 U.S.C. §411”; some people also put a line through the ‘endorsement’ indication found preprinted on the back of a check. Making that demand causes the central bankers to buy back debt from the United States in the amount showing on the face of the check, which maintains the set amount of U.S. Notes circulating within bank vaults. Since the instrument becomes a bearer instrument, one can obtain the cash from the bank upon which the check is drawn, but what one will physically get is FRNs. If the bank requests a fee to cash the check (if one has no account there), it is one’s call as to how much energy one chooses to exert to explain that a bearer instrument requires the bank to provide the funds. If one is seeking a large amount of funds, have mercy on the banker. The bank must keep an amount of funds available in its vault for it’s customers’ anticipated daily withdrawals. The accounting matter as to one’s non-endorsement on the instrument is performed by officers within the central bank system. One should make a photocopy of the front and back of the banking instrument for retaining as a record, it being proof of claim that there is no residual public interest in what one acquires or upon what one lawfully does with what one acquires. Since lawful money is not taxable, if one must fill out a tax form, the physical evidence of lawful money use must accompany the form; the IRS comprehends this matter. One is also not subject to the secular administrative laws (codes and statutes) that govern human-energy within the Federal Reserve System. Thus one cannot be presumed by officers of the STATE OF MICHIGAN (or STATE OF …) to be subject to its maritime-law jurisdiction simply because one physically exists.
Demanding to handle lawful money is a matter of fulfilling obedience to the law in which one trusts. Rights flow from obligations. He who holds the right to redeem holds an equitable interest in law. The Congress had to recognized the right, because our first founding / Organic Law memorializes that man is created in the image of God. To reduce a man to chattel against the national debt is an affront to God (Genesis 1:27). It is legal to make a demand for lawful money, for the claimant has issued a claim upon which relief, in law, can be granted. Our demand to handle usury-free lawful money also indicates that we abide in The Laws of Nature’s God, as presented specifically at Proverbs 11:1 “A false balance is an abomination to the LORD: but a just weight is his delight.”
If one receives Social Security funds, which are automatically deposited into one’s bank account, there is no loss of the right to such money when one chooses to begin demanding to handle lawful money, because banks must obey the Fed Act and SS checks are not mailed directly to people for cashing. That money represents the energy one put into the functioning of our society. We are the treasure of our society. We must intentionally choose to bond our energy with foreign-sourced currency to evidence that we choose to take a benefit from it. And no one is taking welfare from SS funds, since the currency manipulated by the Fed constantly loses market value by design, and the value of the energy one exerted in the past is no longer commensurate with the value of the monetary-equivalent of one’s ‘contribution’ made to the SS Administration from which one is now receiving funds that have been held. One does not give up the right to receive pension funds either. One’s contract with an employer is separate from one’s consent to contract with foreign bankers.
When one redeems banking instruments for lawful money, one is making a peaceful pass-though use (as a third-party beneficiary of the Congress’s contract with Fed bankers) of the established commerce-law-based individual Trust name resembling one’s given name and family affiliation but spelled in all upper-case letters, which is how one’s bank account is designated. One’s non-endorsement on the back of a banking instrument renders the face amount of the instrument as being non-reserve funds –- rather than a deposit of public currency to the bank that the bank can use. If one’s bank objects to physically storing non-reserve funds, which is what it must do for one’s retrieval of one’s funds, then one can speak with an officer in the bank’s Trust Department about setting up a non-reserve account. It is fair that the bank receives a fee for storing one’s funds that take up its vault space, especially if there’s a large amount of one’s funds involved. The bank does not have to do business in such manner, so if a bank declines, make the request at another bank. We people who abide in God’s Law may become a large number of people in a local area, so a bank president who respects God’s Law may choose to benefit from establishing such fee-based accounts for multiple people, especially if the amount of storage space is relatively small due to people intentionally choosing –- per good-faith agreement –- to not keep a large amount of funds there. Eventually, we will be a society in which loans from our banks will be fee-based and in national money.
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