Whenever you apply for a loan, you are requested to sign a Promissory Note for the total amount of the loan. Then a Payment Account is established. The Promissory Note is never endorsed by a member of the Financial Institution so that it can be sold without your permission. Three days later, the original promissory note, signed in ink, is sold to another Institution or Foreign Government, who will COLLATERALIZE it or use it like a BOND and issue currency or loans against it.
Why the three days? It is because you have the right to withdraw from or cancel any contract within three days of acceptance. It is about the only right we have left and it may be found under the, Truth in Lending Act!

All that matters to the Bank, is that you are a flesh and blood human being and that you have affixed your signature to a Promissory Note! They don’t care if you have a great credit score or a poor one! Flesh and Blood Human Beings, technically own everything, and all Corporations are fictional companies that have no value and cannot function until some HUMAN BEING blows life into them! The Promissory Notes each sell for the same value!
Since the Promissory Note was sold without your permission, your Mortgage Debt to them is actually [paid in full] but they never tell you about that! In fact, the Bank also sells your repayment plan to an investor or another Bank for much less, and agree to manage the payments for them. Most Banks now employ a middle company to collect your Mortgage payment. They do this because your Mortgage and repayment plan is not reflected on the Banks Bookkeeping and under Federal and International Law, it is supposed to! So the middle companies act as a buffer and keeps them out of trouble!
Since the Banks can’t legally make loans against their depositor’s assets, everything is just a, Paper Chase! Your payments are deposited into the investor’s account who purchased it and if it involves another Bank, your payment is transferred to that Bank where it is deposited into a savings account, under a number instead of your name!
The reason the account is numbered, is because it is really your savings account! You don’t owe them a debt and so they conceal your payments as a numbered savings account! If they included your name, they would have to mail you a monthly accounting and that would tip you off!
So any foreclosure that might occur thereafter is totally bogus and unlawful because they cannot produce the Original Promissory Note! If demanded, they will produce a black and white photo copy but that is actually the Counterfeiting of a Negotiable Instrument unless it is reduced or enlarged! The point being that if they cannot produce the original Note, it was sold!
Given these circumstances, it was absolutely necessary for them to involve the Judges in their criminal conduct. Foreclosure Judges receive 10% of the original Promissory Note, after they authorize the Bank to steal and sell your assets in FORECLOSURE.
This process essentially makes the rich man richer and explains how the Banks can own the bulk of the skyscraper buildings, parcels of land and stadiums across America. In reality, we pay for our homes three times over its original purchase price without ever securing ownership. Mr. Warburg was a pretty ingenious fellow when he designed the Federal Reserve System and why we Americans always need to be two steps ahead of the Banks, Courts and lawyers!
According to the Constitution: The only way you can pay a debt is with silver or gold and since there is no silver or gold backed currency, the only thing we can do is to DISCHARGE our debts! A DISCHARGE is never a payment in full and it can be resold or borrowed against. Hence, lawyers purchase discharged debts for pennies on the dollar; open a collection company and hire people to harass you into paying that debt to them!
Remember that in all legitimate contracts you always received something of equal value from the company or person you borrowed from. Collection companies fail to provide you with anything of equal value and lie to you that they are collecting the debt on behalf of the original creditor!
The best way to handle a debt collector is to deny who you are and every question they ask ….....

Every phase our Lives are in COMMERCE.

Every phase our Lives are in COMMERCE. You need your STRAWMAN to operate in COMMIERCE. Your STRAWMAN has a LICENSE to operate in COMMERCE (i.e. Drivers License, Marriage License, Handgun License, Occupational License, Building Permits, etc.). A License is good as long as you want it to be, by your permission. When there is a FINE for misuse of your License, you need to learn how to then switch the STRAWMAN to the Living Soul with the Right to Life, Liberty, Property, and the Pursuit of Happiness.
The STRAWMAN is a TRANSMITTING UTILITY that allows you to operate in COMMERCE with a LICENSE to conduct your COMMERCIAL Affairs.
Anyone operating in COMMERCE without a LICENSE is committing a COMMERCIAL CRIME. You and I need to learn how to become the REPRESENTATIVE or AGENT for the STRAWMAN and conduct all of his/her COMMERCIAL AFFAIRS without getting involved.
All crimes are Commercial and are then regulated by COMMERCIAL COURTS. COMMERCIAL CRIMES are Murder, Stealing, Dealing in illegal drugs, Prostitution, Practicing Law or making a Legal Determination without the Permission or Consent by Assent of any party to a Contract.
All COMMERCE is ruled by CONTRACTS. All COURTS (Tribunals) are ruled by, CONTRACTS. Absent a CONTRACT, the COURT (Tribunal) will proceed to write a CONTRACT under Cause/Case #___. Will the defendant rise, what is your name. This is the signature for the Contract. How do you plead - this is the giving, of SUBJECT MATTER JURISDICTION and becomes part of the Consideration for the Contract. All the arguments are the Offer for the Contract and the JUDGMENT is the Acceptance for the CONTRACT. The court takes a Complaint, turns it into a CHARGE against the STRAWNMAN, tries him/her on the CHARGE and then a JUDGMENT is rendered which is a Civil Action, a Claim, and this must then be Accepted by the LIVING SOUL.
You Accept the JUDGMENT in two ways, by silence and signing the JUDGMENT or by Appealing it to a higher court (a THIRD PARTY) who will then agree with the Judgment. Why would you argue Law or Codes, Rules,Regulations, Procedure, Statutes when the CONTRACT is the LAW in your Case.
The Redemption Process or Acceptance For Value can then authorize the Payment of the JUDGMENT. The Judgment should be signed by the Court Clerk for they are the Court. In most cases the Judge will sign the Judgment hoping that you will accept the contract by one of the above two ways, by silence or signature or Appeal to a THIRD PARTY.
Another way is the Rejection of Contracts allowed under Truth in Lending and when the Contract is about
Mortgages it comes under Regulation Z and Truth in Lending.
ALWAYS REMEMBER, everything is in COMMERCE and is ruled by CONTRACTS.
Codes, Rules, Regulations, Procedure, Statutes apply only to the Corporation that they were written for. You do not Argue Codes, Rules, Regulations, Statutes in COMMERCE - you argue CONTRACTS. If there is no CONTRACT,there is no CASE. There is no CONTRACT with a Policeman, Government Official, Federal Agent, or Federal Agency, even with a License. A government or Corporation is a FICTION and cannot sign a CONTRACT or enforce one unless you enter into their Organization or Corporation as an employee and argue their Codes, Rules,Regulations, Procedure, whereby they then use these to enforce a Contract.


WHAT THE FEDERAL RESERVE AND THE GOVERNMENT ARE DOING AT THE NATIONAL LEVEL, LOCAL BANKS ARE DOING WITH US AT THE LOCAL LEVEL. The only difference is that instead of printing new notes, the banks are creating new checkbook money each time they make a loan.

Here's what happens when you go to the bank to get a loan for your vehicle:
The bank has you sign a Promissory Note.
The back of the note is then stamped, "pay to order of" or similar words.
The note is then deposited into a transaction account in your name. Now this was not disclosed to you before you signed the note and you did not give them the authority to open a transaction account on your name.
The bank then writes a check from your transaction account deposit that you had no knowledge of, either to you or transfers the amount to those who should be receiving it.
The bank then sells the note to Federal Reserve or into the securities market. The proceeds of which, are used to fund the alleged loan.
Through the bank selling your note, YOU PAID FOR YOUR PURCHASE WITH THE PROMISSORY NOTE. Your note was treated by the bank as an asset that could be exchanged for cash. Anything that you can exchange for cash is an asset. What 95 % of America does not realize is that within our monetary system a Promissory Note is an asset. The moment you signed that note it became money to the bank. There was no money in existence until you signed the note. Once the bank stamped it "pay to the order of" it became a negotiable instrument. To the bank, it had Present Value, because they were able to sell it for cash. To you it only had Future Value.
What's wrong with this loan scenario? You always suspected that there was something not right when you went for a loan from the bank. Now you know what it is. Let me give you a simple illustration that will help you to understand this.

Imagine if you came to me needing a loan.

You: "Can you give me a loan for $10,000."
Me: "sure I'll loan you $10,000, but you have to give me an asset worth $10,000."
You: "All I've got is this diamond ring worth $10,000."
Me: "That will do." I then take the ring and sell it for $10,000, and come back to You with a check for $10,000.
Me: "Here's your $10,000 loan at 10% interest, and the payments are $200 a month for x number of years."
You: "xxxxxxx!" We won't even print what you would tell me to do with that loan.

In fact if you called the police I would go to jail for fraud, loan sharking, racketeering etc. BUT THIS IS EXACTLY WHAT THE BANKS ARE DOING EVERY SINGLE DAY.

Now what is wrong with this loan? EVERYTHING!
It's not a loan. It's an exchange. We simply exchanged your diamond for a $10,000 check.
It never cost me anything to make the loan. I brought nothing to the table. My assets did not decrease by $10,000, as would be the case in a true, honest loan. Therefore I had no risk.
You provided the asset (the diamond ring). I merely sold it and gave you back your money, and then had the unmitigated gall to charge you interest on nothing.
In the same way, YOUR PROMISSORY NOTE BECAME THE FUNDING INSTRUMENT OF YOUR BANK LOAN. The bank received it as an asset, as legal tender, i.e. in the form of money and deposited in an account. According to the Uniform Commercial Code, a promissory note is a negotiable instrument, and is therefore legal tender. As such it is the funding instrument. Therefore there was no loan. It was an exchange. Your note which, could be monetized by the bank, was exchanged for the bank's check. And the bank lied and called it a loan. Banks and lending institutions only appear to lend money.

The "lending" techniques that are used are beyond brilliant. It took some very, very smart people to figure out how to appear to be lending money, but in actuality have the value supplied by the person wanting a loan. And that is what is happening.

If you are finding this rather difficult to believe, let's look at some Federal Reserve Bank publications, which actually admit that this is how bank loans work.

"Transaction deposits are the modern counterpart of bank notes. It was a small step from printing notes to making book entries crediting deposits of borrowers, which the borrowers in turn could "spend" by writing checks, thereby "printing" their own money."

Modern Money Mechanics, page 3, Federal Reserve Bank of Chicago.

"Of course they do not really pay out loans from the money they receive as deposits. If they did this, no additional money would be created. What they do when they make loans is to accept promissory notes in exchange for credits to the borrowers' transaction accounts. Loans (assets) and deposits (liabilities) both rise by $9,000. Reserves are unchanged by the loan transactions. But the deposit credits constitute new additions to the total deposits of the banking system."

Modern Money Mechanics, page 6, Federal Reserve Bank of Chicago.

According to the Fed, it is not their policy to make loans from other depositor's money. Neither do they make loans from their own assets. They make loans by accepting promissory notes in exchange for credits to the borrower's transaction account. They even admit that it's an exchange. IF IT'S AN EXCHANGE HOW CAN IT BE A LOAN?

"In exchange for the note or security, the lending institution credits the depositor's account or gives a check that can be deposited at yet another depository institution."

Two Faces of Debt, page 19 Federal Reserve Bank of Chicago.
You want more proof: THE BANK'S OWN BOOKKEEPING ENTRIES ARE PROOF. Let's say the bank receives a $1,000.00 check deposit. It is recorded as an asset to the bank. But in order to balance their books, on the other side of the ledger they have to record a $1,000.00 liability. The bank has an asset for $1,000.00, but it also has a liability of $1,000.00 to you, the depositor.

The bank owes you $1,000.00. You have a right to draw on that $1,000.00 whenever you choose. Now when you purchased your vehicle instead of a check you gave the bank a signed promissory note. The bank deposited it, just like a check or cash, in a transaction account in your name. Now remember that all deposits are received as assets to the bank. However, they also have a corresponding liability to the face value of your promissory note. Therefore, in reality you don't owe the bank anything. You simply exchanged your promissory note for their check, which paid for the vehicle. The account is a wash.


Actually the bank owes you! They still do not own your promissory note. They made an exchange - your promissory note (asset to the bank) was exchanged for the face value of the note. They deposited your note and then sold it remember. Therefore, on their books they still have a liability to you.