This is all very interesting about the US corporation and I want to learn more. Do you have any books or articles you can recommend?
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I do not. I simply did a search for “Bank Act of 1871” and then read EVERYTHING that came up. Upon first reading, much of it seemed like the stuff of conspiracy theory and even a bit subversive. I first decided it was interesting, but probably not relevant, though I kept my mind open.
The problem is that I keep seeing, as I called it before, anecdotal evidence that there might be something more to it than my knee-jerk reaction suggested. Now we have the Office of the Former President and an official seal that looks remarkably like the original 1850 design. Then we have the removal of the newer Presidential Seal from the podium that PDJT spoke at throughout 2020, as well as the flags with and without fringes throughout last year. The President made a tour in 2017 and happened to visit the ostensible owners of “the Corporation” - the Vatican and the Queen. It’s been proposed that he went there to tell them that they no longer owned the USA and that the Corporation was no longer going to be recognized.
The changes are subtle and some of them even look like trolling by President Trump, but taken collectively, they suggest that something bigger might be happening. I’ve moved past my knee-jerk reaction of “I don’t think so” and have moved into the “What if ...?” phase of inquiry.
I wonder if trying to find some old history books or textbooks might give a clearer picture of the “Bank Act of 1871?” Maybe some old newspapers of the time, if they can be found. I’m sure there were written opinions on it when it happened. Whether they are still in existence is the question.
I’m in the same “What if ......?” phase.
https://govtrackus.s3.amazonaws.com/legislink/pdf/stat/38/STATUTE-38-Pg251a.pdf
Link to the federal reserve enabling legislation. Note you can find 9 instances dealing with lawful money versus federal reserve notes. Lawful Money of the US is NOT the same as federal reserve notes. They are currently interchangeable on your designation but they are apples and oranges finance wise.
I always indorse checks with “redeem lawful money per 12 USC Sec 411” and receive same. That is not taxable as I understand it. Should I open a checking or savings account with that stipulation I will not be paid interest upon same BUT that money is not a debt obligation of the bank to me and in theory (i.e. non crooked world) it shall not be loaned and is not at risk as is an interest bearing deposit.
Note in the definition of indorse/endorse (slightly different, more so in older legal definitions)
to write on the back of
especially : to sign one’s name as payee on the back of (a check) in order to obtain the cash or credit represented on the face.
Cash = Lawful Money
Credit = Federal Reserve Notes
YMMV...