Feb 20, 2013 1:12 AM

When I'm ready to spend it

My answer is based on experience...Im sure I win the contest

*Sigh*

YOU ONLY NEED MONEY WHEN YOU ARE SPENDING IT!

The rest of the time MONEY is DEBT and OBLIGATION. HOARDING IT IS STUPID!

I WIN.!!!!!!!!!!!! :)

You endorse it when you spend it

Not me, I just use cash.

Bill of exchange vs promisionary note...

Bill of exchange please

Cash earned through human contract....

WHEN YOU ARE SPENDING IT. That simple.

Thats a trick question..since nobody is accepting GOLD as payment anymore - its a moot point.....or did you mean, when do you need negotiable instruments? ;)

And whats the deal with putting a $1 stamp in the teller-box of a negotiable instrument as the consideration..when the Bills of Exchange Act CLEARLY states your signature is ALREADY the "valuable consideration" ?

the govt ditched our value-backed money with paper debt... the $1 stamp should be under the A4V thread

Presumption of value

57. (1) Every party whose signature appears on a bill is, in the absence of evidence to the contrary, deemed to have become a party thereto for value.

http://laws-lois.justice.gc.ca/eng/acts/B-4/page-12.html#h-11

Adam?..do they have this same section in Australia's Bill of Exchange Act?

Oh, Beverly- i havent told you what i did for fun this past summer.. Toronto public library.. Blacks Law 9th to my left.. The Dictionary of Canadian Law to my right.. own personal copy of our Bills of Exchange Act.. wrote out, the definition, to every word, i didnt understand..uhhh- it took awhile, but, i eventually got it done ;)

Good work! I wouldn't have the patience for that, I'm all business, what's the bottom line????

Bottom-line is that the top-lawyer at the Toronto Transit Commission, and a VP at Canada Post have both begrudgingly conceded that it is "a mechanism" to purchase things, BUT, that they are under no obligation to accept a PART V. Consumer Purchase from me, to wit i said- "Oh, so what you've really just told me is- 'We dont want money,' is that it?"

If purchase, not buy, but purchase, a $2 coffee from Tim Hortons by Consumer Bill Purchase.. they give me the bill up-front.. i print CONSUMER PURCHASE at the top and sign underneath.. they take it to the bank.. turn it into $46 worth of credit.. credit the $2 Tim hortons is out back to them.. the bank pockets the remaining $44 credit

I know why Amazon and Apple make as much as they do- they sell iphones and ipods and books and Kindles, they have a product to sell. However, im not quite sure why each of the 5 major banks make $1 Billion a QUARTER, pure, profit. AND, thats on-top of paying-off all their expenses off-the-top, and still $1 Billion in profit every quarter. But, unlike Apple and Amazon, a bank doesnt sell books and Kindles. What is a bank's product? ZERO. They collect our signatures.. and harvest our credit.

..no better way to control a 'person' than by making him poorer

I explained to my bank-manager how a bank creates credit and he just got mad at me, because his assistant-manager was getting educated by listening to me explain it..she admitted later she still had no idea what i was talking about

I tried to start a new one the other day, regarding the definition of "valuable security" in the Criminal Code..didnt catch on

Yah, I emailed my BM about "who" credited me money for my mortgage... and she said "well our bank"... ahhhh whatever...

Derek, theyre ALL the same except for NZ & BRITAIN. The sum certain owing part. Different words. Ill put it up as soon as I finish skipping

“valuable security” includes

(a) an order, exchequer acquittance or other security that entitles or evidences the title of any person

(i) to a share or interest in a public stock or fund or in any fund of a body corporate, company or society, or

(ii) to a deposit in a financial institution,

(b) any debenture, deed, bond, bill, note, warrant, order or other security for money or for payment of money,

(c) a document of title to lands or goods wherever situated,

(d) a stamp or writing that secures or evidences title to or an interest in a chattel personal, or that evidences delivery of a chattel personal, and

(e) a release, receipt, discharge or other instrument evidencing payment of money;

definition of "valuable security" in Criminal Code..if you keep your receipts for everything you buy with cash...does one word stand-out more than the others in this definition?

LOL..take a look at line e) in the definition, does any word stand out to you more than the others?

(e) a release, receipt, discharge

(e) receipt

“valuable security” includes.....

(e) receipt

Derek, when Scott says something, or likes something, its a hint on where you should go... he's said you are a "storehouse of case law" already...

Oh believe me- i sent a letter to the Receiver General about all this.. they simply stuck it back in the envelope, taped-it-up, and returned it to me pretending i put the wrong address on it which i didnt..i cant get anybody who wants to acknowledge this...but im not just going to rush-off to court/fools-rush-in

SIGNATURE Where by this Act any Instrument or writing is required to be signed by any person, it is not necessary that he should sign it with his own hand, but it is sufficient of his signature is written thereon by some other person by or under his authority. 2) Where a Corporation makes any instrument or writing required by this Act to be signed, it is sufficient if the Instrument or writing is seaped with the corporate seal. 3) Nothing in this section shall be construed as requiring the bill or note of a corporation to be under seal.

SUM PAYABLE. AU/NZ s9.1) the Sum payable by a bill OE is a sum certain within the meaning of this Act, although it is required to be paid.... a) with interest: b) By stated installments c) By stated instalments, with provision that upon default In payment of any instalment the whole shall become due: d) According to an indicated rate of exchange, or according to a rate of exchange to be ascertained as directed by the bill OE: 2) Where the sum payable is expressed in wordsand also in figures, and there is a discreprancy between the 2, the sum denoted by the words is the amount payable. 3) Where a bill OE is expressed to be payable with interest, unless the instrument provides otherwise, interest runs from the date of the bill OE and, if the bill OE is undated, from the issue( the first delivery of a bill OE or promissory note, complete in form, to a person who takes it as a holder) thereof.

cf 1883 No 8 s 9

Charles Moreland [ DON'T PUT THINGS IN BRACKETS UNLESS YOU WISH TO EXCLUDE IT FROM THE DOCUMENT ]

[ Just sayin' ]

Thw above was new Zealand BOEA not Australia's. Thats next, to show a few differences between them

YOU ONLY NEED MONEY WHEN YOU SPEND IT.

Everybody think about that. I'm saying it for a reason. Get the concept in your head, and cement it there. You'll know why later.

...Those of you who volunteered to be injected with praying mantis DNA, I've got some good news and some bad news. Bad news is we're postponing those tests indefinitely.

Good news is we've got a much better test for you: fighting an army of mantis men. Pick up a rifle and follow the yellow line. You'll know when the test starts.

No one really needs it unless they wanna spend it.. otherwise, it just sits there like a bomb..

Adam Thomas, notice that it's PAYABLE.

...except FIAT CURRENCY IS NOT "PAYMENT". PAYMENT is actually ILLEGAL! :D

It's payABLE. You could PAY it, if it was legal. The ONLY alternative is either to set it off on the books, or discharge the debt.

AUs BOEA s 14. SUM PAYABLE When MORE THAN ONE SUM IS expressed to be payable IN A BILL, THE LESSER OR LEAST, AS THE CASE MAY BE, OF THE SUMS SO EXPRESSED TO BE PAYABLE SHALL BE TAKEN TO BE THE ONLY SUM ORDERED TO BE PAID BY THE BILL

RE: " YOU ONLY NEED MONEY WHEN YOU ARE SPENDING IT!

The rest of the time MONEY is DEBT and OBLIGATION. HOARDING IT IS STUPID!" So there are THINGS that Change their Positions, in order to transfer a THING from one USER to another a MEDIUM is needed. I have to SPEND money in order to redirect the THING towards ME? IF I would have lots of THINGS that are Considered VALUABLE can I Introduce another MEDIUM to EXCHANGE or transfer My THINGS with Another USERS??? I SEE two different Playgrounds here what are they called?

Wait.... Is it correct to say I see two different JURISDICTIONS here?

THINGS are transported on a "Artificial Created Space or WATER" I think its regulated by ADMIRALTY MARITIME LAW, but I am Not Sure, and the Currents in this water is another Jurisdiction maybe its COMMERCIAL LAW..... I see something here but I am to stupid to figure it out!

James Baal - You've nailed it. Stop searching :P

DUDE!

...everything I write is priceless.

I just bought a $2 extra-large coffee. Now...did i actually buy the coffee, or the receipt for it that as usual i had to ask for?

So do you own the coffee or are you the beneficiary of it.???? Considering VAT is it correct that at the moment money is surrendered you are agreeing to be surety?

You own the receipt. Because, you were not meant to pay for the coffee with any Bank of Canada-legal tender-promise to pay-fiat money-bank notes...

..you were meant to pay with your signature: 57. (1) Every party whose SIGNATURE appears on a bill IS, in the absence of evidence to THE contrary, deemed to have become a party thereto for VALUE.

INTERPRETATION Marginal note:Definitions

2. In this Act, “value” means valuable consideration.

http://laws-lois.justice.gc.ca/eng/acts/B-4/page-1.html#h-2

Now i can see how to someone that doesnt make any sense - UNTIL.. "Would OSFI please consider a recalibration of the 20x and 23x maximum assets to capital multiple (ACM)." Operative-word being MULTIPLE.

http://www.osfi-bsif.gc.ca/app/DocRepository/1/eng/guidelines/capital/guidelines/CAR_chpt_let_e.pdf

Consumer bill or note to be marked

190. (1) Every consumer bill or consumer note shall be prominently and legibly marked on its face with the words “Consumer Purchase” before or at the time when the instrument is signed by the purchaser or by any person signing to accommodate the purchaser.

http://laws-lois.justice.gc.ca/eng/acts/B-4/page-39.html#docCont

..SO - how much credit was created from getting that SEEMINGLY free coffee initially being sold for $2?

Derek Moran, if you keep this shit up, you might be less than 90 days away from being able to understand the REAL dirt! :D

That's an encouraging thought! In less than 90 days, you might be qualified to discuss this stuff with me at a useful level! :D

The one thing I know is that I'm the Legal Holder in due course of this $50 note no. AMA4308541...

You're the LAWFUL Holder in due course, of that $50 note (no. AMA4308541) :P

"Legal Holder"..Pierre, did you take a job with the Government today?? ;)

23 x $2 coffee = 46 worth of credit.. 46 - 2 for the $2 Tim Hortons is out that i didnt pay with in legal-tender out of my pocket = 44.. 44 credits left-over for the bank to either lend to a corporation for a next-to-nothing-interest-rate, or, to pump-up the stock market so they can help deliberately crash it in 4-5 years like they always do, to help further confiscate the wealth-that-is-really-debt of the completely-unsuspecting 99%.. while the 1% manage to keep THEIR 'powder dry,' because, they are the ones who are pulling-the-rug-out-from-underneath-the-99% AND know exactly when they are going to do it..

And why, ultimately...........? Because theres no better way in controlling the people than by making them poorer :/

..some people just took the board-game RISK a little-bit too more seriously than others growing-up

board-game RISK = section 57.1 of the Bills of Exchange Act, 1985, and/or, the Birth(like a Stock)Certificate

57. (1) Every party whose signature appears on a bill is, in the absence of evidence to the contrary, deemed to have become a party thereto for value.

Fun Canadian Legal Fact: DEEMED = CREATE LEGAL FICTION

Keep that in mind. It's done on purpose. Legalese is grammatically backwards in EVERY language when you try to translate.

WHOA..... have i just figured-out that my/the Birth/Stock Certificate is waiting for me to claim as soon as i show them the RECEIPT my mommy and daddy were given for it 2 weeks after i was born? :/

DEEMED = prima facie in Latin?

DEEMED = 'in the absence of evidence to the contrary'...thats whats so funny about section 57.1, they mention DEEMED 'twice!' :)

"It is DEEMED here that Scott Duncan does NOT like hookers-and-weed"..... until and unless Scott rebuts or refutes that statement, it would stand as FACT in a court of law ;)

Derek Moran RE:"...as i show them the RECEIPT my mommy and daddy were given for it 2 weeks after i was born? " - It's even simpler than that. A sworn affirmation is all you need. Who's to challenge it. 3 witnesses and/or notarized, and that pretty much covers YOUR obligation.

Not bound to execute trusts

59. Her Majesty and a fiscal agent or registrar acting as such are not bound to see to the execution of any express or implied trust to which any securities are subject.

Regulations

60. Form of register

(2) The register maintained pursuant to subsection (1) may be in a bound or loose-leaf form or in a photographic film form or may be maintained by any system of mechanical or electronic data processing or any other information storage device that is capable of reproducing any required information in intelligible written form within a reasonable time.

Canada Evidence Act

(3) The register maintained pursuant to subsection (1) is deemed to be a record for the purposes of the Canada Evidence Act and every employee of the Bank of Canada who supervises the inscription or registration of securities in the register is deemed to be a manager of the Bank of Canada for the purposes of that Act.

http://laws-lois.justice.gc.ca/eng/acts/f-11/FullText.html

How much longer before Mark Carney becomes head of the Bank of England?...hmmmmmmm, maybe i should write him a letter before he goes

A special type of Crown corporation

The Bank was founded in 1934 as a privately owned corporation. In 1938, it became a Crown corporation belonging to the federal government. Since that time, the Minister of Finance has held the entire share capital issued by the Bank. Ultimately, the Bank is owned by the (Belligerent-Defendants)/PEOPLE of Canada.

http://www.bankofcanada.ca/about/who-we-are/

..well he should bloody well see me - i AM one of the fucking owners, ya'know! ;)

AFFIRMATION OF Derek Moran

I am Derek Moran, and 42 years ago you guys gave my parents a Revenue Receipt for DEREK MORAN, to wit, i now claim it for Derek Moran.

..simple that simple?

I wonder if theres some place you can go to 'Trust School,' to learn how to set-up a Trust?..hmmmmmmmm

http://translate.google.com/#la/en/praecipe

Apparently we don't.... Exchange seems to be the way. According to: Money as debt III

What?

Hmmmm, not quite there in regards to currency. If the future is now. I would intiate a treaties with other sovereigns and local merchants and set up a exchange network or do more research into already established exchange network and contract with them? Out of my ass.

Tap into the security attached to BC bond by taking govt to court like indigo girl?

Scott- whats the difference between a sworn AFFIDAVIT, and a sworn AFFIRMATION? . . . .does the top of the document necessarily have to be titled AFFIDAVIT, or, could the document just as well be titled 'AFFIRMATION' instead?

An AFFIDAVIT is... an affidavit.

Affirmation or Swearing are HOW the affidavit is AUTHENTICATED.

Scott Duncan: Derek Moran RE:"...as i show them the RECEIPT my mommy and daddy were given for it 2 weeks after i was born? " - It's even simpler than that. A sworn affirmation is all you need. Who's to challenge it. 3 witnesses and/or notarized, and that pretty much covers YOUR obligation.

Derek Moran: AFFIDAVIT OF Derek Moran

I am Derek Moran, and 42 years ago you guys gave my parents a Revenue Receipt for DEREK MORAN, to wit, i now claim it for Derek Moran.

An AFFIDAVIT IS a SWORN AFFIRMATION, if that's how you AUTHENTICATED it.

SWEARING and affidavit, is simply a "SWORN AFFIDAVIT"

It doesn't matter. They have the same weight.

If you SWEAR though, whatever writing you swear on, is also admissible, and you'd better know it..

Yes, when i went to go for my first Affidavit to the Notary last week thats the thing that jumped-out at me, when she asked- "Now do you want to swear-this-out to GOD, or, will you be AFFIRMING this? (or something like that)"

Of course the first-thing i thought of was- "No on the God-thing - all BELIEF is EVIL"

Scott Duncan-isms will serve you well when a question is posed, that you don't understand. ;)

"ALL BELIEF IS EVIL" allowed you to be RIGHT without understanding WHY.

because they need your consent to something that is not real

Well.................That cleared up a lot quickly! The swearing affirming part had me confused for mmmm forever till now.

Touch”.

if I can get someone to believe in what I asked them to do is right even though that act goes against everything they know to be right I can get them to send blankets affected with smallpox too kill many millions of the innocent women and children.

Logistically that would be difficult. Smallpox was wiped off the face of the earth. :D

Pandemics aren't a threat to anyone who understands their own genome. ALL viral diseases are curable and/or containable now. Anyone remember SARS? Ever hear about it any more? :D

We wiped the fucker out of existence in 90 days. SCIENCE! IT WORKS, BITCHES!

see it was my believe that I could get a answer right and still use the wrong spelling. thinking I'm right and still being wrong

this is a state of mind of what I call being on and off at the same time instead of truly being on

the brain is still functioning but subhuman level subconscious

SARS....hmmmm....that's a wonder soap & a soft drink down here.

Sarsparilla

the only time you need money is when you want to spend it. I've tried stuffing my mattress but felt something pulling at me while trying to sleep

I posed this question to my family and my youngest daughter who is 8 answered,"when you are spending it". From the mouth of babes.

These kids have a tendency of telling the truth ....I can witness that :-D

I posed this at a cook out yesterday, and NO ONE would see that keeping FRN's in an account could possibly be bad! It was so strange watching these grown humans completely ignoring FACTS like depreciating asset, or legal tender.

I just received a few bill of exchange via mail.....just saying it and my wife looks at me funny :-D

Gail Marie

Thanks Jay Le B