Many people are banking incorrectly, misunderstanding the true nature of financial obligations and the protections available to them under the law. According to 18 U.S. Code § 8, an "obligation or other security of the United States" is defined broadly, indicating that all such obligations fall under the purview and responsibility of the U.S. Treasury. This includes Federal Reserve bank notes, coupons, United States notes, Treasury notes, gold certificates, silver certificates, fractional notes, certificates of deposit, bills, checks, or drafts for money. This has profound implications for how we understand debts and bills.
TACIT HYPOTHECATION. In the civil law, a species of lien or mortgage which is created by operation of law […]
While many Americans struggle to make car payments and/or struggle to save up to buy their dream cars, they are […]
ALL bank accounts have two sides to them. A Public (liabilities) side and a Private (assets) side, as substantiated by […]
Private Citizen – is someone who is private and not governed by any de facto corporation like the U.S. […]
When you were born, you were born a Live – living, breathing, flesh-and-blood human being, and considered SOVEREIGN! If you […]
Thomas Jefferson (April 13, 1743 – July 4, 1826) was an American statesman, diplomat, lawyer, architect, philosopher, and Founding Father […]
Download Copy. 829 Case No. 14,459. 24FED.CAS.—53 UNITED STATES V. ANTHONY. [11 Blatchf. 200; 5 Chi. Leg. News. 462, 493; […]
MANIFESTO OF THE COMMUNIST PARTY Karl Marx and Friedrich Engels (1847/48) From McLellan: “The Communist League, linking the main […]
Double entry bookkeeping, the standard method for recording financial transactions, hinges on balancing two sides: debits and credits. Within this […]