wisewarrior: Welcome to our class and thank you 3sintel and Dinar Recaps for allowing us to share this information. For many people this is the first time this information has been shared, and it can seem like an immense load of phooey dripping with wacko conspiracy theories. I completely understand!
wisewarrior: When I first met Chat Wimp (formerly known as Love for you old timers) he seemed like a regular eccentric brainiac nut…..just the man for me. But then when he lost his job and had all the time in the world to research and learn stuff, he started giving me this information little by little. At first it was annoying. Then it was depressing. Then I wondered if he really had lost his mind! How could my soul mate be a real nut job? NOT FAIR!
wisewarrior: I resisted this info for a very long time. When Chat Wimp met Creative 1money (Thank You God) then I realized it was the truth. And my world view had to change. I still focus on the positive. And I realize now people are going to think I’ve lost my mind and I’m a psycho conspiracy weirdo. Ahhhh yes, it’s kinda like Kubler-Ross’ stages grief, with some serious shock to start!
wisewarrior: (Denial, anger, depression, bargaining and acceptance.) So please keep an open mind. Everything we will present is documented and if you are a skeptic you can do your own research.
Read More Link on Right
wisewarrior: By the way Creative1money had never heard of Nessara until I asked him about it today. We will not take questions on prosperity packages (please go to PTR for that they are connected with Dr. Todd)
wisewarrior: We will not accept any heckling, bashing, rate date questions talk of aliens, lizard people or tin foil hats. LOL We will gladly take questions on the subjects of this class.
wisewarrior: In reading the comments on Judge Dale’s post and the “Where Does The Fraud begin” post it is clear that many of you in the chatosphere are quite familiar with these topics. Woot woot. It is also clear that the resounding question is “if the monetary system is all based on fraud, how do I keep and invest my money post RV/CE?”
wisewarrior: No one has a crystal ball. If there is a global realignment of the financial system things could be very different for a while. We’ve heard a lot of different things. I request that all dinarians come together to find excellent teachers to help us all with future classes on this subject.
wisewarrior: Depending on how many questions we get we can be available for a second class. We will start with Chat Wimp and LC’s remarks, CW’LC Q& A then Ben’s then we will go to Ben’s Q& A.
wisewarrior: ok chat wimp go for it
ChatWimp: THANKS, ww
wisewarrior: he types worse than me? oh no
ChatWimp: cw This is about LAWFUL MONEY `
ChatWimp: In 2008, when I decided that I needed to do more than just vote I began to work with a group of belonging to Campaign For Liberty (C4L). One of the group, LC for short, was talking about “lawful” money. And, as the FBI maxim goes,: “Follow the Money” would seem to be the place to start.
ChatWimp: I DO NOT claim to be an expert or “guru” and most certainly am not. You should always make a habit of verifying everything presented to you for yourself if possible going back to original source. I am a student of our hidden history and still learning and re-learning so some of the things I tell you will probably be less than accurate but hopefully that will change as time and study continues.
ChatWimp: lc: The FBI doesnt follow the real money, if they did the real corruption would be uprooted.
ChatWimp: DISCLAIMER: This material is presented for educational purposes only and any attempt to apply this information or these ideas is wholly and solely the responsibility of the one using it. It is therefore suggested that one study the subject matter thoroughly before attempting to utilize this information in any way. WITHOUT PREJUDICE UCC 1-308 / *ALL RIGHTS RESERVED
wisewarrior: note to all lc will still show up as chat wimp but they are putting their initials first so you know who is who
ChatWimp: LC terms what has happened to us as “gradualism”. We, the People, have been boiled like the proverbial frog. …. You don’t just put the frog in boiling water; he’d try to jump out immediately. You put him in a pot of tepid water and then very “slowly” bring the water to a boil; he’ll just remain calm and be boiled. This is the way the central bankers have stolen our wealth … gradually, incrementally.
ChatWimp: The fall of the great nations of the world have always been preceded by the debasement of their nation’s money.
ChatWimp: lc: well thats one thing tha preceeds their fall.
ChatWimp: “A false balance is abomination to the LORD: but a just weight is his delight.” Proverbs 11:1, King James 2000 Bible (©2003)
ChatWimp: When their money was “honest” these nations thrived; when it was debased they fell.
ChatWimp: Our founders were very literate and knew this well and were aware of the “fiat” money of the “old world” banking systems that kept the people in poverty and virtual slavery even if not outright slavery. Jefferson hated central banks and resisted their establishment in America because he knew what “evils” they wreaked upon the people’s money. As it turned out he was more than just correct for we are now the recipient of that which he had feared … our money has been debased and the wealth of the people of our nation stolen by the international banking cartels.
ChatWimp: There are two kinds of money: “money” that is based upon some “intrinsic value” and “money” that is based upon “debt” (fiat money).
chatWimp: Napolean wrote "History is a fable agreed upon."
ChatWimp: lc: Their are two perspectives on the study of history. the "accidental" theory and the "conspiratorial" view.
ChatWimp: Wealth based money builds the wealth of a nation; debt based money eventually destroys the wealth of a nation.
ChatWimp: The Constitution says in Article I, Section 10, Clause 1: “No State shall enter into any Treaty, Alliance, or Confederation; grant Letters of Marque and Reprisal; coin Money; emit Bills of Credit; make any Thing but gold and silver Coin a Tender in Payment of Debts; pass any Bill of Attainder, ex post facto Law, or Law impairing the Obligation of Contracts, or grant any Title of Nobility.” With their capitalization of thing, Thing, they are specifying that among the body of ALL things only gold and coin is a tender in payment of debts. Remember this was a time when States were powerful and the United States was only a 10 mile by 10 mile square with Constitutionally limited powers. (Oh, how I long for those times again).
ChatWimp: If something is “lawful” then it is in agreement with our Constitution. If something is NOT in agreement with our Constitution then it IS “unlawful”. Nothing about ANY law, statute, etc. may violate any provision of our Constitution including the limitations and prohibitions contained therein without becoming “unlawful”.
ChatWimp: Laws/statutes/etc. may exist that are “lawful” or “unlawful”. Those laws that ARE “lawful” ARE law and have the “power” of law; those that are NOT lawful but have only the “color of law” have NO “lawful power” and are NO law at all.
ChatWimp: One MUST understand the difference between the following in order to understand the relationship that is “supposed” to exist between the people and government: RIGHTS, POWERS and PRIVILEDGES in that hierarchy. 1. “RIGHTS” devolve to the people from their CREATOR (natural rights of the living flesh and blood). MAN can neither give nor take away a RIGHT. 2. “POWERS” devolve from MAN. The people may exercise or delegate to others those “POWERS” which do NOT infringe upon the RIGHTS of people and may NOT exercise or delegate “POWERS” which DO infringe upon the RIGHTS of the people. (See 9th and 10th Amendments for RIGHTS and POWERS.) 3. “PRIVILEGES” are those things which are solely devolved from MAN; things which may be “given”, “purchased”, etc. but CANNOT be exercised in a manner as would interfere with the exercise of a RIGHT by another.
ChatWimp: “LAWFUL MONEY” is “CONSTITUTIONAL money is ONLY GOLD or SILVER coined by the US Treasury in order to assure a “just and uniform measure” (as would cause our CREATOR to rejoice).
ChatWimp: At one time the people used only gold or silver coin although copper was sometimes used in order to break the value in smaller increments. As coins would wear they would be re-minted to standard. Paper-money was easier to deal with but also could be redeemed in metal if the holder desired so this convenience was useful but later on made a “fraud” easier to perpetrate upon the people.
ChatWimp: There exists two TYPES of money, the PUBLIC and the PRIVATE. “LAWFUL” money is PUBLIC money and US Notes are “LAWFUL” money (*1); Federal Reserve Notes (FRNs) are PRIVATE money. The were made to look similar to each other and to function side-by-side BUT there IS a difference between them that is disastrous to the well-being of people
ChatWimp: “The Federal Reserve Act of 1913” (GOOGLE it) (I will refer to it as the ACT) was a major step forward for the international bankers and their push for “fiat” money. It was passed into law (unlawfully) on December 23, 1913 (does anything about that date sound a little “off” for Congress?). That same year, 1913 the 16th Amendment was ratified (unlawfully) and the 17th Amendment was ratified (?unlawfully?). Now the groundwork had been lain.
ChatWimp: The FRNs were PRIVATE money with different conditions, “adhesion contracts”, attached to the use of FRNs that the people were not privy to …. a “usage” fee (there is no usage fee for PUBLIC money; “LAWFUL” money is NOT taxed!)
ChatWimp: The people were encouraged by our Government to use FRNs as opposed to US Notes (Why not if it’s a “good” thing?). There was a remedy for the fraud if one actually read the ACT and it was found in Chapter 16 that allowed one to exchange FRNs for “lawful” money and be free of the tax burden (if one knew about it). This same provision was codified in United States Code Title 12 Chapter 3, Subchapter XII, Section 411 (12 USC 411) word for word! From Chapter 16 of the ACT … The punishment for an institution failing to exchange FRNs for LAWFUL money in 12 USC 501a?. There IS a lot of controversy about which US Codes were actually given the status of LAW but the exchange requirement was written into the actual ACT.
hatWimp: The Federal Reserve, a cabal of private banks, was created in 1913 by the Federal Reserve Act of 1913. It allowed the printing of a “fiat” currency supposedly to control “swings” of inflation and deflation by virtue of changes in the money supply. It was passed on December 23, 1913 (hmmmm?) It also happens that the 16th Amendment was, most likely unlawfully, signed into law in 1913 and the 17th Amendment, 1913 as well. The Federal Reserve Note, a fiat currency, was supposed to exist side-by-side with US notes which were represented by gold and silver. The people were encouraged to use the “new” Federal Reserve Notes. When one uses FRNs one incurs an “adhesion contract” that requires one to pay tax including income tax by virtue of using the FRN, a usage tax.
ChatWimp: As long as there is a choice to use the FRNs or NOT to use them then it is valid (although it is also still fraud because of non-disclosure).
ChatWimp: Once we went off of the metal standard the wording was changed to exchange FRNs into US Dollars (so much for “just measures”) a US Dollar was anything the government said it was but it still had value (operated on the right-hand side of the ledger sheet). FRNs have no value and can only relieve debt (operate on the left-hand side of the ledger sheet). One “silver” Mercury dime has more “real” value than a 3 inch stack of 100 Dollar FRNs which have NO real value.
ChatWimp: Since FRNs were/are fiat currency there had to be a “remedy”. That “remedy” was written into Chapter 16 of the Act. Later that “remedy” was written into Title 12 United States Code Section 411 word-for-word. … However it appears that Title 12 was never codified into law! However that has “gradually” changed over the years until the only “lawful” money left was the United States Note and “Denominated” stamps of the Post Office, not the “Forever” stamp of the Postal Service but that is another topic.
ChatWimp: It appears to me that the current FRNs must be able to serve as both Federal Reserve Notes and “lawful” money (see the US Treasury info in the SUPPLEMENT below) perhaps by something as simple as endorsing the back of the FRN with “LAWFUL MONEY AS OF …DATE…” or “CHANGED TO LAWFUL MONEY”. It must be done on the back of the FRN otherwise it would be “de-facing” the FRN.
ChatWimp: DISCLAIMER: This material is presented for educational purposes only and any attempt to apply this information or these ideas is wholly and solely the responsibility of the one using it. It is therefore suggested that one study the subject matter thoroughly before attempting to utilize this information in any way. WITHOUT PREJUDICE UCC 1-308 / *ALL RIGHTS RESERVED-
wisewarrior: ok so now chat wimp will very quickly post resource info so it is all in one place
isewarrior: you can read through this later cuz we have lots of ground to cover
ChatWimp: The following is a list of supplimental materials that can be used to further your knowledge.
ChatWimp: SUPPLEMENT http://www.treasury.gov/resource-center/faqs/currency/pages/legal-tender.aspx Resource Center Legal Tender Status I thought that United States currency was legal tender for all debts. Some businesses or governmental agencies say that they will only accept checks, money orders or credit cards as payment, and others will only accept currency notes in denominations of $20 or smaller. Isn't this illegal? The pertinent portion of law that applies to your question is the Coinage Act of 1965, specifically Section 31 U.S.C. 5103, entitled "Legal tender," which states: "United States coins and currency (including Federal reserve notes and circulating notes of Federal reserve banks and national banks) are legal tender for all debts, public charges, taxes, and dues." This statute means that all United States money as identified above are a valid and legal offer of payment for debts when tendered to a creditor. There is, however, no Federal statute mandating that a private business, a person or an organization must accept currency or coins as for payment for goods and/or services. Private businesses are free to develop their own policies on whether or not to accept cash unless there is a State law which says otherwise. For example, a bus line may prohibit payment of fares in pennies or dollar bills. In addition, movie theaters, convenience stores and gas stations may refuse to accept large denomination currency (usually notes above $20) as a matter of policy.
ChatWimp: What are Federal Reserve notes and how are they different from United States notes? Federal Reserve notes are legal tender currency notes. The twelve Federal Reserve Banks issue them into circulation pursuant to the Federal Reserve Act of 1913. A commercial bank belonging to the Federal Reserve System can obtain Federal Reserve notes from the Federal Reserve Bank in its district whenever it wishes. It must pay for them in full, dollar for dollar, by drawing down its account with its district Federal Reserve Bank. Federal Reserve Banks obtain the notes from our Bureau of Engraving and Printing (BEP). It pays the BEP for the cost of producing the notes, which then become liabilities of the Federal Reserve Banks, and obligations of the United States Government. Congress has specified that a Federal Reserve Bank must hold collateral equal in value to the Federal Reserve notes that the Bank receives. This collateral is chiefly gold certificates and United States securities. This provides backing for the note issue. The idea was that if the Congress dissolved the Federal Reserve System, the United States would take over the notes (liabilities). This would meet the requirements of Section 411, but the government would also take over the assets, which would be of equal value. Federal Reserve notes represent a first lien on all the assets of the Federal Reserve Banks, and on the collateral specifically held against them. Federal Reserve notes are not redeemable in gold, silver or any other commodity, and receive no backing by anything This has been the case since 1933. The notes have no value for themselves, but for what they will buy. In another sense, because they are legal tender, Federal Reserve notes are "backed" by all the goods and services in the economy. ChatWimp: What are United States Notes and how are they different from Federal Reserve notes? United States Notes (characterized by a red seal and serial number) were the first national currency, authorized by the Legal Tender Act of 1862 and began circulating during the Civil War. The Treasury Department issued these notes directly into circulation, and they are obligations of the United States Government. The issuance of United States Notes is subject to limitations established by Congress. It established a statutory limitation of $300 million on the amount of United States Notes authorized to be outstanding and in circulation. While this was a significant figure in Civil War days, it is now a very small fraction of the total currency in circulation in the United States. Both United States Notes and Federal Reserve Notes are parts of our national currency and both are legal tender. They circulate as money in the same way. However, the issuing authority for them comes from different statutes. United States Notes were redeemable in gold until 1933, when the United States abandoned the gold standard. Since then, both currencies have served essentially the same purpose, and have had the same value. Because United States Notes serve no function that is not already adequately served by Federal Reserve Notes, their issuance was discontinued, and none have been placed in to circulation since January 21, 1971. The Federal Reserve Act of 1913 authorized the production and circulation of Federal Reserve notes. Although the Bureau of Engraving and Printing (BEP) prints these notes, they move into circulation through the Federal Reserve System. They are obligations of both the Federal Reserve System and the United States Government. On Federal Reserve notes, the seals and serial numbers appear in green. United States notes serve no function that is not already adequately served by Federal Reserve notes. As a result, the Treasury Department stopped issuing United States notes, and no
ChatWimp: Federal Reserve Act Section 16. Note Issues 1. Issuance of Federal Reserve Notes; Nature of Obligation; Where Redeemable 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 hereby 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. [12 USC 411. As amended by act of Jan. 30, 1934 (48 Stat. 337). For redemption of Federal reserve notes whose bank of issue cannot be identified, see act of June 13, 1933.] http://www.federalreserve.gov/aboutthefed/section16.htm
ChatWimp: 12 USC Chapter 3, Subchapter XII - FEDERAL RESERVE NOTES 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.
hatWimp: This is what makes the istitutioons behave:12 USC § 501a - Forfeiture of franchise of national banks for failure to comply with provisions of this chapter Should any national banking association in the United States now organized fail within one year after December 23, 1913, to become a member bank or fail to comply with any of the provisions of this chapter applicable thereto, all of the rights, privileges, and franchises of such association granted to it under the national-bank Act [12 U.S.C. 21 et seq.], or under the provisions of this chapter, shall be thereby forfeited. Any noncompliance with or violation of this chapter shall, however, be determined and adjudged by any court of the United States of competent jurisdiction in a suit brought for that purpose in the district or territory in which such bank is located, under direction of the Board of Governors of the Federal Reserve System, by the Comptroller of the Currency in his own name before the association shall be declared dissolved. In cases of such noncompliance or violation, other than the failure to become a member bank under the provisions of this chapter, every director who participated in or assented to the same shall be held liable in his personal or individual capacity for all shareholders, or any other person shall have sustained in consequence of such violation. Such dissolution shall not take away or impair any remedy against such corporation, its stockholders, or officers, for any liability or penalty which shall have been previously incurred.damages which said bank, its
ChatWimp: SECRETS OF THE FEDERAL RESERVE http://www.apfn.org/apfn/reserve.htm
ChatWimp: Let's help the Federal reserve die if you need to use a $ symbol make sure that there are two vertical lines going through it not one. One line is the symbol for federal reserve non backed money Two lines is the symbol for Non FRN real Lawful money from the treasury. Look up an old document pre 1913 and you will see the two strike dollar sign. … http://archive.org/details/ByronDale-DebtMoneyExplainedPart1
Link to Part2