Time: Tue Oct 28 07:28:26 1997
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Date: Tue, 28 Oct 1997 07:27:31 -0800
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From: Paul Andrew Mitchell [address in tool bar]
Subject: L&J: Nat'l debt
Please research the Pogue carburetor.
/s/ Paul Mitchell
http://supremelaw.com
copy: Byron Wine, Greg Alexander, Friends
At 02:11 PM 10/26/97 +0000, you wrote:
>Hi Al,
>I received the following message a few days ago, and my response is
>as follows:
>
>1. The article states "U.S. Mint begins rapid production of U.S.
>Notes" and " It is essential that U.S. Notes MUST be issued
>WITHOUT any increases in the federal debt..."
>
>Sure, good idea! JFK tried to do it, and look what happened to him.
>Shortly before his assasination in fact the new money had already
>been printed -- When Johnson took office it was destroyed.
>
>My point is this: The article contains a solution only in theory,
>but one that is far from reality. It's like saying that we should go
>to General Motors and demand a new type of automobile that:
>1. will give us 100 mpg (because they can easily do it)
>2. OR an alternative to the combustion engine that runs without gas
>altogether (because we the technology for it)
>etc. etc.
>
>Regarding the Fed. Reserve & FRN's:
>A few years ago a group of several thousand of us tried to educate
>the public, and we wrote and faxed congressmen demanding similar
>changes, etc. etc. -- any results? Well, we got the new money with
>the strip in it.
>
>I sincerely wish someone would come up with a REAL solution, and I'm
>not saying I have one, but hopefully there is one before it's too
>late. But any solution that talks about demanding this or that,
>telling congress to do whatever, is a waste of time. Congress
>doesn't work for us - the people - they work for the internationl
>bankers.
>Before anyone can effectively launch an attack, or oppose
>anything, its first necessary to know the chain of command.
>"Without knowledge, the people perish".
>
>John Michaels
>
>
>> From: Aluvstofly@aol.com
>> Date: Mon, 20 Oct 1997 19:12:18 -0400 (EDT)
>> To: Aluvstofly@aol.com
>> Subject: Nat'l debt
>
>> This is eye opening info....
>> A proper accounting will probably never be done,
>> because Social Security receipts were deposited
>> in the General Fund, whereupon they were loaned
>> out to various federal government agencies, which
>> put "IOU's" in their place. The government bean
>> counters have had the temerity to call these IOU's
>> "assets," but nothing could be further from the truth.
>>
>> These are liabilities, and when they are properly
>> accounted for, the federal debt is, indeed,
>> closer to $20 trillion (twenty million millions,
>> 2 x 10^12). And Social Security "CON-tribut-ions"
>> are a "tax"; it says so right in the law.
>>
>> The nexus between debt creation, and printing
>> of FRN's, MUST also be broken, as soon as possible.
>> Right now, FRB buys U.S. bonds for 3 cents on the
>> dollar, and then obtains a lien on collateral,
>> equal to the face value of these bonds, PLUS INTEREST!
>> This fraud must stop immediately also.
>>
>> I propose that we do so by issuing a 3-year recall
>> of all FRN's, to be exchanged for U.S. Notes,
>> one-for-one (no ID checks, like bearer bonds).
>>
>> It is essential that U.S. Notes MUST be issued
>> WITHOUT any increases in the federal debt.
>> What Congress is not telling you is that the
>> IRS is "needed" to prevent hyper-inflation
>> of their bogus FRN's:
>>
>> two pumps, working in tandem!
>>
>> The FRB injects FRN's into the economy,
>> and IRS sucks ... FRN's out of the economy.
>>
>> This is the main reason why Congress is
>> holding onto the IRS for dear life:
>> Congress refuses to deal with the simple
>> mechanics of money creation.
>>
>> They are cowards.
>>
>> Here is what must happen:
>>
>> 1. withholding from paychecks stops at once;
>> 2. Silver Bonds are issued to absorb excess earnings;
>> 3. U.S. Mint begins rapid production of U.S. Notes;
>> 4. A nationwide recall of FRN's is announced;
>> 5. All bond sales to FRB must be payable in FRN's;
>> 6. All connections between FRN printing, and
>> increases in the federal debt, are severed;
>> 7. Federal income taxes are prohibited, as
>> Public Salary Tax Act is repealed;
>> 8. Inevitably, the United States is forced into
>> involuntary bankruptcy, by the People of the USA,
>> ex rel. Paul Andrew Mitchell (private AG), or other;
>> 9. U.S. Bankruptcy Court will liquidate U.S. debt
>> owed to all Federal Reserve Banks, because FRB
>> cannot perfect Proof of Claim;
>> 10. Congress will legislate a solution to all other
>> public debt, after extensive hearings involving
>> representatives of many nations and all 50 states.
>>
>> /s/ Paul Mitchell
>> http://supremelaw.com
>>
>> copy: Supreme Law School
>>
>>
>>
>>
>>
>
>
===========================================================================
Paul Andrew Mitchell, Sui Juris : Counselor at Law, federal witness 01
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_____________________________________: Law is authority in written words 09
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