posted on Jun, 17 2004 @ 03:04 PM
Yes, you send them a debt-validation package. Technically, there is no way, even if they wanted to, they could establish a debt incurred. The whole
scheme is that they are actually borrowing money from you. When banks lend you money, what they are actually giving you is debt. Paper money is not
backed by anything, but represents a loan from the IMF to the US. The more you incur in paper notes, the more debt of the US government you have
inherited. Remember this money is not backed by any substance.
So when companies lend you credit, what they are actually giving you is their portion of the debt, they are not allowed to loan their own assets or
"substances of value." You pay a promisary note to pay back this "debt", sounds ridiculous doesn't it. The promissary note is used to discharge
your debt only when the debt is validated. So you can either fulfill your promissary note, i.e. pay your bills, or you can ask them to validate the
debt incurred. This is what the debt validation package is, you ask them to prove they gave you something of substance.
But the debt cannot be validated because they do not loan anything of substance, they give you paper money, which isn't backed by anything. And even
more this paper money represents the debt of the US government to the IMF, so in fact they are borrowing you to discharge the debt technically. The
more money they have, the more taxes they pay. OK, so even after they would still have money left over, but the only reason that means anything is
because people accept money in exchange for goods/services.
If the creditors decided they didn't want the money, they couldn't turn it in to the government, like back in the day, for gold. Instead they will
have to turn over this debt to someone else, who then turns it over to someone else, so on and so forth. But never can someone turn it in for
something of value without giving someone else the money (debt). Even the IMF, the people who issued will not give you anything of substance back.
They say go give it to someone else, we know its worthless, and then they turn around and give someone money in exchange for goods and services, so
they incur substance of value, while the other person is stuck with worthless paper.
Anyway, I could keep going on, but does any of this make sense. I borrowed the book Cracking the Code recently from a friend, which describes in
detail the UNITED STATES CODE, which outlines all I have said thus far.
But you too can do this, the book contains forms you need for this and where and what you say. BTW, did anyone know that this same concept works for
your all caps TRADE NAME? The trade name represents a fictional corporation not you, and you should never have to go to court or do anything else for
that matter you don't want to. Right now, the GOV. owns it, but you can take it back!