Lawful Money?

Lawful Money - What is lawful money? It can be reasonably inferred that it's not the same as legal tender (sic)*. Title 12, United States Code section 411, shows that there is a difference:

"Federal reserve notes, to be issued at the discretion of the Board of Governors of the Federal Reserve System for the purpose of making advances to Federal reserve banks through the Federal reserve agents as hereinafter set forth and for no other purpose, are authorized.

The said notes shall be obligations of the United States and shall be receivable by all national and member banks and Federal reserve banks and for all taxes, customs, and other public dues. They shall be redeemed in lawful money on demand at the Treasury Department of the United States, in the city of Washington, District of Columbia, or at any Federal Reserve bank."

* The phrase "legal tender" is a false and fraudulent term used by those who seek unfair advantage of the ignorance of the history of the phrase. The proper terminology is "a legal tender." Tender is a verb, the act of extending towards. "A legal tender" is tendering (giving/handing) something that is "legal" (meaning capable of enforcement through a court of law).

Angelo Trotter, in continual education of self, shares his research of coin, credit and circulation and how it relates to the current real property crisis from a layman's perspective.

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• mortgage meltdown
• rule of law
• lawful money
• legal tender
• Federal Reserve

[LoonyVision]

@REVtalk1

Are you?

Speaking for myself, it's impossible for me to "be" a corporation, public or otherwise. Corporations exist only on paper. They're fictions. ALL corporations. Municipal, public, privates, etc.

[LoonyVision]

When I say misleading, I mean this. Commerce is business to business (merchant to merchant), there is another aspect of trade; that being "consumer." If you proclaim you are in commerce then you can't whine about being hoodwinked because you accepted an alternative form AS payment. But as a consumer, there is no rigidity in the transaction; example, in Calif., the holder in due course rule is not applicable to a consumer transaction.

No one has been taught commerce, or consumer law, or ANY law

[LoonyVision]

@REVtalk1 No, I don't think it'll do much on the shelf. And no I haven't heard of those guys. I don't really go to any other source than the primary or recognized secondary.

All you have to realize is that these are all "commercial" nations. It never was about citizens and subjects etc., its about profits & gains at the expense of everyone but self. People doing business as governments is the new religion.

I would do my own research if I were you. These "commerce" people are misleading.

[REVtalk1]

@LoonyVision Am I a public corporation?

[REVtalk1]

@LoonyVision I realise the best place for my "Jurisdictionary" course in NOT on my bookshelf, however, Im gonna hit it hard this Dec. when time allows.

Have you ever heard of the guys from "Creditors in Commerce?"

[LoonyVision]

Also, if it's "THE STATE" as plaintiff, then WHERE is EVIDENCE of the "plaintiff?" So that I may examine the claim of damages. If it's "THE STATE" as plaintiff, then where is EVIDENCE that it, as plaintiff, has suffered injury, loss, or harm resulting in its claim for damages? Injury, loss, or harm is REQUIRED for ANY case to be heard. Criminal, civil, admiralty/maritime, or law merchant. Without evidence of of either no court has power to hear it or recognize it. No FACTS (evidence), no case.

[LoonyVision]

@REVtalk1 Well, you're dealing with public corps so nothing done is "pvt." If FRNs fall under admiralty jurisdiction, then equity has no application. They're two distinct. Separate. You go to court and lose when you don't know the issues involved or the law of the case, or how to control the judge by making and protecting the "public record." Making sure no fraud or deceit is allowed to stand on the "public" record. Keep studying jurisdictionary and it will start "clicking."

[REVtalk1]

@LoonyVision

ok, so if the transaction dictates jurisdiction, (the money of the court case, if you will)-when we transact in FRN's,we gotta use the equity courts since FRN's fall under the admiralty jurisdiction. And if we go to court as the defendant, we might be more likely to lose the case....but if we go to the judge in private chambers he may recognize our private process and the case can be discharged and the plaintiff will be none the wiser.

we can win without even setting foot n court

[LoonyVision]

@REVtalk1 I sure do. I wish I'd known about it when I first got started over a decade ago.

Again think "PUBLIC FOOL SYSTEM" and that should answer why these tokens now substitute and circulate "AS" money. Even better still, John Adams nails it:

"All the perplexities, confusion and distress in America arise, not from defects in their Constitution or Confederation, not from want of honor or virtue, so much as from the downright ignorance of the nature of coin, credit and circulation." ~nuff said

[REVtalk1]

@LoonyVision

I ordered a course called "Jurisdictionary"-ever heard of it? Im going to study more in Dec.

Why would frn's be circulating around if they're so flimsy and not enforceable?