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CREDITORS AND THEIR BONDS
Bond. In every case a bond represents debt – its holder is a creditor of
the corporation and not a part owner as is the shareholder.
The word “bond” is sometimes used more broadly to refer also to unsecured debt instruments.
[Definitions used here are generally from Black’s 6th]
1) Bond supporting credit authorizations
This bond is the debt side of the implied contract that resulted when your grandparents took all their gold to the
Federal Reserve Banks by May 1, 1933.
A bond is always evidence of a debt.
It can be a liability to the deb tor or an asset to the creditor.
This bond is also the implied debt that resulted when you applied for a birth certificate for new entities (straw men) you requested that the States create when you had your babies. You put a description of your baby on the application. This tied the baby and the straw man together as long as the described baby man lived. When the man dies, the straw man is terminated by the State with a Death Certificate. It has no commercial energy without the man.
Straw man: A “front”; a third party who is put up in name only to take part in a transaction. Nominal party to a transaction; one (JOHN) who acts as an agent for another (John) for the purposes of taking title to real property and executing whatever documents and instruments the principal (John) may direct respecting the property. Person (JOHN) who purchases property for another (John) to conceal identity or real purchaser or to accomplish something that is otherwise not allowed. [Can’t mix public and private!]
Implied Partnership: One which is not a real partnership but which is recognized by the court as such because of the conduct of the parties [the defendant trust you as trustee, as the defendant’s surety];
In effect, the parties are estopped from denying the existence of a partnership. [That is a dishonor.]
This bond is also the implied debt that resulted when you applied for a title to a car, a mortgage, or any other Loan that resulted in collateral being registered with the State.
You cannot be required to pledge your substance, but you can voluntarily pledge it to help the UD through its bankruptcy status.
Pledge: Abailment
Bailment: A delivery of goods or personal property, by one person (bailor) [strawman] to another
(bailee) [State or UD], in trust for the execution of a special object [exemption] upon or in relation to such goods
If you do not volunteer, you may be given “choices” to make it easier for you to volunteer, but you must always do this voluntarily. You are not asked to GIVE your substance, only to pledge it, while you keep possession of the substance. In return, you get the implied bond. The straw man received a social security number. The correlating private side number is the exemption identifier number – same digits, just no dashes.
Public debt number = 123-45-6789 Strawman / Debtor / agent of US or State Private exemption number = 123456789 Creditor
The straw man is a creation of the debtor corporation, so it is presumed to be an officer, agent, or employee of the debtor corporation. It must file tax returns and must follow all the corporate rules and regulation (public laws).
The man, on the other hand, is not a creation of the debtor corporation, but is the presumed representative of the straw man. The man is also the one who had the creditor side of the debt the US owes. This is the national debt – at least part of it. Part of the national debt is owed to the people who pledge their substance in return for an exemption from “paying” public debts. The US runs on credit. It does not have its own credit. Everything is backed by the full faith and credit of the people. We have to have faith the US will honor its debts, and we have to know how to use our credit. The straw man cannot use your credit on its own, but it can use it if you authorize it. Our authorization is backed by the implied contract and the resulting bond (debt) the US has to the people. As long as the people are not acting like debtors and victims, they can use their credit. When the people start acting like debtors (straw man), they dishonor their own heritage and rights.
Your private instruments are backed by the bond. The number on the bond is 123456789 for John Doe.
This is the creditor / holder’s side of the bond (evidence of a debt). When you use a bond for discharge, you are using your credit backed by the implied bond (debt) resulting from your pledges to help the US through its bankruptcy. There is no value limit to this bond, as you voluntarily agree to pledge every bit of substance you ever get until the money is put back into circulation. All the substance you have (cars, dirt, shoes, food, toothbrushes) was acquired by giving the merchants Federal Reserve notes.
You can never get title to things unless you pay for them. Since there is no money in the US, only debt paper, every time you get a pair of shoes, you are exchanging a debt for the shoes. In the US, since 1933, That is an acceptable practice. Outside the US and its States, in the states, that is not acceptable. If you tried to get shoes without paying for them in the states, you would be put in jail for stealing, but in the jurisdiction of the US, you can get possession of the shoes by giving the merchant debt paper. You just can’t get title. If you want the title, you will have to give the merchant a real asset from the private side (substance). The only substance that is yours is your exemption. That equates to credit in admiralty and equity.
March 9, 1933 73rd Congress
MR PATMAN: “Under the new law the money is issued to the banks in return for Government obligations, bills of exchange drafts, notes, trade acceptances, and banker’s acceptances. The money will be worth 100cents on the dollar, because it is backed by the credit of the Nation. It will represent a mortgage on all the homes and other property of all the people in the Nation.”
MR PATMAN: “The money so issued will not have one penny of gold coverage behind it, because it is really not needed.”
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