Have you been cheated?
Did you really get a loan when you contracted to borrow money from the bank to pay for your home or automobile? Or was it just an exchange (your note for cash), but the bank called it a loan? Or did two loans occur?
Thomas Jefferson: "If the American people allow private banks to control the issue of their money, first by inflation and then by deflation, the banks and corporations that grow up around them will deprive the people of their property until their children will wake up homeless on the continent their fathers conquered."
"History records that the money changers have used every form of abuse, intrigue, deceit, and violent means possible to maintain their control over governments by controlling the money and its issuance."
Henry Ford: (Founder of Ford Motor Company) "It is well enough that the people of this nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning".
In order for any contract to be valid, there must be 'full disclosure', 'good faith', 'valuable consideration', and 'clean hands'. Here is what the banks advertise: "Come to our bank. We have money to loan you". Is this really what happens?
When you entered into a loan contract with a bank, you signed a note or contract promising to pay the bank back, and you agreed to provide collateral that the bank could seize if you did not repay the loan. This contract supposedly qualified you to receive the bank's money. But did the bank provide 'full disclosure' of all of the terms of this agreement? Answer the following questions and decide for yourself if the bank was acting in 'good faith', that you received 'valuable consideration', and that your 'signature' on that agreement is valid.
If you answered "No" to any of these questions, YOU HAVE BEEN CHEATED! How does that make you feel? It is now up to you to demand your deposit back and to challenge the validity of your "signature" on any alleged bank "loan" agreement or check.
- Were you told that the Federal Reserve Policies and Procedures (see quotes on reverse side) and the Generally Accepted Accounting Principles (GAAP) requirements imposed upon all Federally-insured (FDIC) banks in Title 12 of the United States Code, section 1831n (a), prohibit them from lending their own money from their own assets, or from other depositors? Did the bank tell you where the money for the loan was coming from?
- Were you told that the contract you signed (your promissory note) was going to be converted into a 'negotiable instrument' by the bank and become an asset on the bank's accounting books? Did the bank tell you that your signature on that note made it 'money', according to the Uniform Commercial Code (UCC), sections 1-201(24) and 3-104?
- Were you told that your promissory note (money) would be taken, recorded as an asset of the bank, and be sold by the bank for cash - without 'valuable consideration' given to obtain your note? Did the bank give you a deposit slip as a receipt for the money you gave them, just as the bank would normally provide when you make a deposit to the bank?
- Were you told that the bank would create an account at the bank that would contain this money that you gave them?
- Were you told that a check from this account would be issued with your signature, and that this account would be the source of the funds behind the check that was given to you as a "loan"? (Why bank will not pay your deposit back???)
Since the banks and other lending institutions cannot allow "full disclosure" of your "loan" agreement and cannot answer your challenges about it, their silence is your key, along with the Administrative Notices and the UCC, to get your deposit back and "payoff" their alleged "loan" to you.
YOU WILL GET THE "LAST LAUGH"!!!
Published in accordance with Hab 2.6-8, Mic 6, Mt 21.12-13, Eph 5.11-13, & Bill of Rights-Article I
Learn how to achieve Freedom
to Peacefully do whatever you want.
VALIDATE Your DEBTS