By David Everett Robinson
Federal Reserve Notes are promissory notes that Congress promises to redeem with our credit, upon demand.
A bill is a demand for real money — for currency backed by silver or gold. It’s a demand for a payment that can’t be made because there is no real money with which to pay it.
Federal Reserve Notes, in lieu of our credit, discharge debt. Our credit (our promise to pay) will extinguish debt, will actually pay it, if we accept the bill for its value with our credit sign (our endorsement) to settle the account.
Congress borrows Federal Reserve Notes from the Federal Reserve Bank with bonds that accumulate interest for the Federal Reserve, backed by the credit Congress borrows from us, the People of America, making us preferred stockholders of the corporate UNITED STATES.
The credit that Congress borrows from us — we the People of America — is called in the US Constitution, “the credit of the United States”.
In other words: The credit that Congress borrows from us is “the credit of (the people the people loan to) the United States.”
“Congress shall have power / to borrow money on the credit of the United States.” — Article 1, Section 8, clause 2, U.S. Constitution. (1:8:2)
Congress borrows Federal Reserve Notes from the Federal Reserve Bank with bonds that are backed by the credit of the American People.
“Real money of account of the United States is currency backed by gold and silver coins manufactured in a United States Mint.” (Coinage Act of 1792).
Federal Reserve Notes are debt instruments — evidences of debt that enslave us — so why use them? The use of Federal Reserve Notes is voluntary. Slavery to FRNs is an optional choice — whether we know it or not.
In 1933, House Joint Resolution 192 made it a federal offense to refuse to accept Federal Reserve Notes to discharge contract obligations demanding gold.
HJR 192 of 1933 did not order people to use Federal Reserve Notes to discharge debt — it allowed people to use Federal Reserve Notes to discharge debt.
People use FRNs voluntarily, whether they know it or not. By using FRNs, people volunteer into voluntary servitude to the Federal Reserve Bank.
Since there is no real “money of account of the United States” a charge (an invoice; a bill) is an offer to contract to settle the debt with Federal Reserve Notes or with a mutual offset credit exemption exchange.
The Accepter has the option of discharging the debt with Federal Reserve Notes, or paying the debt with his credit — his mutual offset credit exemption exchange — if realizes that he can.
Here is the remedy.
There is no real “money of account of the United States.”
On May 23, 1933, Congressman Louis T. McFadden (R-OH), Chairman of the House Banking and Finance Committee, brought formal charges against the Federal Reserve Bank, the Comptroller of Currency, and the Secretary of the Treasury of the United States, for numerous criminal acts, including FRAUD, UNLAWFUL CONVERSION OF MONEY, AND TREASON !
To protect themselves from these criminal charges the House and Senate passed House Joint Resolution 192 on June 5, 1933.
HJR 192 of 1933 stated that the people were exempt from paying their debts, since the means of paying debts had been taken away and replaced with Fiat paper Federal Reserve Notes that discharge debt instead of paying debt.
Public Insurance Policy HJR 192 of 1933 provided a REMEDY for the victims of President Roosevelt’s crime. This REMEDY is the basis of lawful mutual offset credit exemption exchange.
This CONVERSION created the EXEMPTION upon which mutual offset credit exemption exchange is based.
The federal Government has been using the UCC Contract Trust Account in your name ever since you were born, and keeping its interest, without your knowledge and consent, to help pay the interest on the federal debt to the private non-federal Federal Reserve Bank.
The United States is the beneficiary of a private constructive cestui que trust and is using your commercial energy to fund the interest on its ever increasing national debt to the private non-federal Federal Reserve Bank.
The US Treasury created a private constructive cestui que trust through which the corporate United States and all its subsidiaries (states, counties, cities, towns, school districts, fire districts, etc.) interact with your fictitious mirror image strawman.
Fictions cannot interact with living, flesh and blood women or men; they can only interact with fictitious, mirror image, strawmen, that men and women are presumed to accommodate by co-signing agreements in their names.
The state has convinced you — the living flesh and blood woman or man — that it is addressing you instead of your fictional, ens legis, mirror image strawman. (“ens legis,” means “legally created”).
You are presumed to be voluntarily accommodating your fictitious, mirror image strawman whether you know it or not.
The debt belongs to the fictitious you, but the real you is presumed to be responsible for the fictitious, mirror image strawman’s actions and debts.
Now that you are aware of this presumption you can redeem your status by rebuttal to recover dollar for dollar the collateral that the government has been holding in your name and earning interest on ever since you were born.
MAXIM: He who holds the gold pays the bills.
The Article above is Chapter 14 of my book, GIVE YOURSELF CREDIT: MONEY DOESN’T GROW ON TREES, available at: