By Anna Von Reitz
In order to get by and thrive in life, you have to
have a reasonable concern for "the other fellow" --- your family, your
workmates, and yes, public employees, shopkeepers, veterinarians.... the list
goes on. You also have to deal with bankers.
Most of the
problems people are having with banks --- at least those that come over my desk
--- are self-created and can be fixed just as quickly as they start.
Let's review
some basics.
You are allowed
by law to transact your business as you wish. You can, by law, use Federal
Reserve Notes or United States Notes, either one. So, why not choose to use the
lawful currency, United States Notes? This helps pay down the so-called
"National Debt" and helps everyone in this country, including you.
The use of
United States Notes presents a paper problem for the bank, because at any given
time, most banks don't stock a lot of United States Notes, and they are worried
that you are going to walk up to their cashier and want to cash out your account
in United States Notes. If they ask, assure them that that is not your
intention.
Not having
enough United States Notes on hand could be a cause of embarrassment for the
banks, or worse, cause people to think the bank is insolvent, etc., and cause a
"bank run".
In reality, that
is an extremely unlikely scenario, and denominating the funds in your accounts
as United States Notes isn't actually the worry of the individual banks, because
the government backs those denominated funds internationally as SDRs.
So, no actual
worries for the banks, and you are, meanwhile, paying down the National Debt and
making sure that your funds won't be subject to any bail-outs or bail-ins or
other shenanigans.
If you bank is
edgy about your decision to denominate the funds in your accounts as United
States Notes, just sit them down and explain what I just explained to you. Many
small town bankers are not all that familiar with the currency laws and the use
of United States Notes. Set them at ease. It's your decision.
Next point.....
There is no
reason to be scared of using a Social Security Account Number when setting up a
bank account. The banks use this information to insure against losses, but if
they get caught doing anything inappropriate with your Social Security Account,
they get fried and served for lunch.
Social Security
Numbers function as both CUSIPS and AUTOTRIS account numbers. The familiar
version with dashes is the CUSIP account set aside for making charges. The
much-less familiar AUTOTRIS version without dashes is the credit side of things.
This is a direct demand account that FDR established "for" you without your
knowledge or consent and dubbed a "special trust account" --- that you haven't
known about or had access to. How convenient.
This "special
trust account" was created by Executive Order 2039 and technically applied only
to Municipal Employees....but via non-disclosure and fraud, the perpetrators
entrapped almost everyone and then used it as the excuse to steal your name,
your assets, your rights, and in many instances, even your lives.
That "trust
account" is yours and it's time that you had the benefit of it.
So understand
and make sure the bank understands that when they ask for your Social Security
Number that they are asking for access to your trust account and to your
Signature for their use as a rubber stamp---let them know that you are aware of
what they are doing and that you will hold them individually 100% commercially
liable if they do anything at all inappropriate with this information. To clip
their wings be sure to use a "byline" and "without prejudice" and a small
copyright notice (a small "c" surrounded by a circle) when you sign the
Signature Card.
That identifies
that particular signature as your own unique creation and places it under your
private copyright. That means that not only will they be fried and served for
dinner if they mess with your account, they will be deep-fat fried.
With that
caveat, go forth and conquer.
The exact
verbiage to safely endorse the back of a check and denominate the funds in
"lawful money" --- is:
By:_________________________ (c)
All rights
reserved. Redeemed in lawful
money. 12 USC
411.
Please note that
I don't have a copyright symbol in this program so the (c) above should actually
be a small "c" that is completely encircled.
Use your Upper
and Lower Case Signature to sign checks, like you were taught in school, and
don't use any exotic punctuation or odd or inappropriate abbreviations like "ar"
or "LS".
After all ---
"ar" might mean "all rejected" or anything else at all, and "LS" --- "Living
Soul" certainly doesn't belong on a check.
Also consider
that if you were a bank and someone was placing a restriction on their signature
using unknown abbreviations, you would have cause to be alarmed, too.
Just think about
what you are doing and in which arena you are operating and play it straight.
Most banks are aware of their fiscal responsibility to their customers and are
only asking that you be reasonable and explicit --that is, honest, about what
you are doing and what you expect of them in return.
So spell it out.
Say, "All rights reserved." or "Without prejudice". That's perfectly okay for
you to say or do and nobody should have any concern about that --- but "ar" or
"wp" won't do.
Admittedly, if
you get numerous checks you could get writer's cramp doing endorsements, so get
a self-inking rubber stamp at a copy shop, and all you have to do is add your
signature.
Finally, you
should be aware that there advantages to running your affairs as a small
independent business which are "corporate" but not "incorporated". This places
your business squarely in the realm of international trade, which offers you
protections when conducting business with commercial (incorporated) corporations
and makes it clear that you are not subject to commercial presumptions.
Ah, so. When a
commercial corporation tries to attack you or seize your bank account they find
it to be a much more difficult proposition. Most of them, including the IRS and
other privateers prefer to go after lower hanging fruit.
If you are
dealing with a commercial bank (most are) they will want you to have a business
license when setting up an account, which is to protect them, not you. But
having met that hurdle for a time, and presuming that you are conducting your
business exclusively with lawful money, you can let the license lapse and
operate as a truly private business, even though you are using the services of a
commercial bank.
The commercial
corporations can mess with their own script and control their own affairs and
employees within reasonable limits. The transition from a licensed small
business with limited commercial obligations to a private business functioning
entirely in the realm of international trade should be viewed as similar to the
transition when you move from one state or country to another.
Most banks are
dependent on small businesses which by far employ the greatest number of people
in any given community and which generate the lion's share of GDP. The last
thing they want to do is drive your business away.
That said, the
banks need to get their act together, too, and show you the care and respect
that you deserve. If they treat you well and keep your accounts secure, they've
done their job. If not, the pendulum swings and other alternatives must and will
be sought.
I have a very
handy reference on my desk that shows how to convert a "Federal" Credit Union
into a State Credit Union --- and I am not talking about a "State of State"
Credit Union, I am talking about an actual State Credit Union.
Credit Unions
naturally belong in the realm of international trade and are perfect for the
needs of average people and small businesses. Most of us would be well-served
and well-advised to do most, if not all, of our business with credit unions as a
result. We simply do not need the array of services and regulations associated
with big commercial banks.
So just sit down
for a few minutes out of your life and think seriously about what is best for
you and for your country. How do you want to conduct business? What services do
you need? How are you going to sign your checks? Which currency will you use?
What impact does that decision have on your funds and accounts--- and on your
country?
Although money
and often, lack of it, consumes an inordinate amount of effort and concern in
our lives, we are taught almost nothing about it in school ---- for the simple
reason that what you don't know benefits crooks and leaves you more vulnerable
to pirates.
When you think
about the efforts that you make to earn money, doesn't it make sense that you
should think about what money is? What credit is? What securities are? How banks
work? How important is your signature? How can it be abused?
There are many
questions that most Americans never ask and we really should --- for our own
sake and the sake of our country, too.
Most people
choose a bank at random. They go to that bank because their parents went to that
bank, or because some high-flyer friend uses it, or because its on the way home.
That's not the way to choose a bank.
Banks are run by
people and you want a bank that shares your values and which offers the services
you need.
For most of us,
that means we want a bank that is operating under a State Charter and which has
been in business for a long time serving people just like us.
Let's face it,
most of us have no reason or need or ability to be transferring millions of
dollars around the globe, so why would we take our business to one of the huge,
glitzy commercial banks?
No. Most of us
need a Mom and Pop bank or credit union, one that is locally chartered and
controlled by actual people that we either know, or can get to know.
Most of the
bankers I have met in my lifetime are extremely lonely people. Most of them
really do care about their communities and their employees and the services they
provide. Within the weird world of a credit-debt currency system and double
accrual accounting, they are doing the best they can.
And they love it
when they get an "Attaboy!" or "Attagirl!"
So instead of
treating your bank like a convenient public toilet, stop a moment and think
about your bank. What do you really know about it? It's history? Who runs it?
The laws and regulations that impact it?
If you have
questions or concerns --- ask, discuss, learn. Most bankers are happy to share
their expertise and will give good advice if they are asked.
As with any
other human endeavor, you have Good Guys and Bad Guys.
So take the time
to actually think about your bank and your banking needs and do some research
and soul-searching. It's your money and your credit----and your life.
How do you want
to conduct your business to best benefit yourself, your community, and your
country as a whole?
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See this article and over 2100 others on Anna's website here: www.annavonreitz.com
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