Oct 10, 2013 2:09 AM

Money of Account or Money of Exchange?

Well, when you are ready to spend it, you pull it out, and you spend these suckers :D

I think one of the points of the statement, relates to saving or hoarding money...and the negative impact it has?

Im thinking money of account Jay...money of exchange is limited and hard to come by lol

Money of Account is definitely more versatile and can be created thru the B O E process... The currency defines the jurisdiction..

I've been thinking about this, Scott Duncan has mentioned it a few times. He has also said his corp can get unlimited credit. What is interesting is that credit for the legal name is a bad thing (which I think because its creating more debt, but having liened the legal name and getting credit based on that is that actually decreasing the debt?

Wow, you are just not capable of ANY thought that isn't supervised.

MONEY OF ACCOUNT, can only buy MORE MONEY OF ACCOUNT. Why would you want to spend that?

Personally I prefer to EAT.

Yes but then you convert it to money of exchange when you need it correct?

I'm thinking outloud...not looking for supervision but welcome input :)

How? Does the money-of-exchange fairy flutter down and "bless" it?

And where do you keep this money of account ???.....in transit ?? :D

Corporate Bank card... from digital currency..

Ok so what then?

So hit the books and start learning what money is, and why, what YOU described is HARD CORE ILLEGAL. :P

Well I thought I had it... Fuck...

Is it ok to purchase things with Money-of-Account by way of Set-Off?

hmmmm....Money of Account converted to Money of Exchange. Seems like a bank or corporation would be needed to make this conversion

My bank accounts are in digital canadian dollars.. A currency, Credits were created from the bill of exchange ... contract, invoice.. cheque, deposited in account.. withdrawal with bank card...

You need to read a few more of my articles. You aren't even close :P

Banks do ONE THING ONLY: Act as a currency exchange.

Fuck.. I remember talking about this... back to the drawing board... its in my notes somewhere...

My bank accounts are in digital canadian dollars..

You can't have bank accounts

The corp should accept it's own currency as payment method, when the corp receives Canadian currency, the corp EXCHANGES it in the currency the corp wants to work with, and then, when you are READY to spend MONEY, you exchange it in whatever the currency you need at that specific TIME....

Something like that :D

Can't the corp leverage the MoA held in Trust for "working capital", or MoE?

Cool, so the corp can do the same. We generate revenue... and thru a promise to pay are granted credit. when we spend actual physical dollars or whatever choice of particular currency, it is debt of those dollars... All money is debt, question becomes who is surety and how is it accounted for.. so ones own or bit coin currency is advantageous but to convert that you need a medium which is the corp We need Money of exchange, which is spendable. fuck my melons going to explode again ... Learned this once already fuck.

So to do business with the trust the corp accepts money of exchange and issues its currency according to that days rate...

and buys groceries and a boat...

This would be the part where you find you have no value.

I figured that out a while back :/

Yes the value part..

You can create all the credit uou wish, but there is NO party ENDORSING it, and NO TRUSTEE executing the exchanges.

THOSE are what determines your VALUE

The value part is easy: You have none.

Hahahahaha

Scott Duncan did a thing a while ago average income per year 40k X 65 Times 65 years productivity = 2.6 million... could that be considered a hypothetical average legal persons's value? Is this a correct approach?

who is YOU?

A trustee corporation endorsed by corporate seal does not that meet the requirements?

you = legal person....so the corp is the trustee that executes the exchanges ? and trust endorses it?

Scott mentioned before how his marriage was recognized. Anyone remember specifically?

I think that matters here

See... This is where I get messed up, valueless in confusion. I know that to put a capital figure on a lien, a value needs to be established One needs to to a skills assessment an Inventory. In my case I go thru all of that and come up with a figure, but as I am explaining this to the Admiral on the phone a while back... I get the Klaxon of wrong.... So I reevaluate everything once again and have reached this exact point once before. I have some actions to take, I will have that nailed in a bit. I am still pondering. I think about everything. I do need some value ... The skill set and wisdom sheesh... who can put a price on that... I'll tell ya who, accountants :-D Events are happening. Value is important but fucking how does one establish it... or is this the wrong direction?

you've just remove the surety off the man/woman people that's all you've done

I am fried G night.

night Jay Le B thanks for your input

2 signatures and willing trustee...sounds like offer, acceptance and enforcement of contract:-)

Gail = why are we subjected to need A TENDER FOR LAW to live and PAY "BILLS"?

^^ Guessing and trying hard

some are so "RICH' (in knowledge) they don't need "money" to get on with their lives. They can LAWFULLY create their own commercial answers (read CURRENCY). <---educated guess

I don't know what he is omitting, but, I know he doesn't lie (when he speaks): http://www.youtube.com/watch?v=CzHsIRpl8IE

RE: REMITTANCE addressed to ROBERT E. CORMIER (account # 481770 — 001) by WATERLOO NORTH HYDRO INCORPORATED through CANADA POST.

To whom it may concern:

I have come to learn that the number 96, which is prominently printed on the bottom right hand corner of the REMMITTANCE you sent, identifies consumable goods and services, and, that it is an EXCHANGE CODE for CANADIAN BANKING NEWORKS. It is provided to identify consumable goods and services.

Additionally, I have also come to learn that the CANADIAN PAYMENT ASSOCIATION is the body which governs Rules Pertaining to the Inter-financial Institution Exchange and Settlement of Bill Payment Remittances.

On page 18 of the CANADIAN PAYMENT ASSOCIATION document entitled:

H6 RULES PERTAINING TO THE INTER FINANCIAL INSTITUTION EXCHANGE OF BILL PAYMENT REMITTANCES FOR THE PURPOSE OF CLEARING AND SETTLEMENT, which is identified as being BASED ON ASC X12 VERSION RELEASE 003030, section 2.0, 2.1, and, 2.2, reads in part, as follows:

2.0 SPECIFICATIONS FOR INTERCHANGE OF PAPER-BASED REMITTANCES

2.1 INTRODUCTION

This section describes the specifications for the application of CPA Standard 006: "Standards and Specifications for MICR Encoded Documents", to paper-based Remittances. As such, it should be read in conjunction with CPA Standard 006. The following additions/exceptions shall be followed:

2.2 MICR ENCODING ON REMITTANCES

Detailed diagrams of the placement of information to appear in the MICR reserved area appear in Appendices I and II of Part II of this Rule. All specifications contained in CPA Standard 006 remain applicable; however layout changes are as follows:

(a) Amount Field: Character positions 11-2 inclusive shall be reserved for the Remittance Amount.

(b) On-Us Field: “

Scott Duncan says I have NO value, but the corp is NOT liening me !..the corp is liening the person, and I am the ONLY one that can give value to that person.....give value, but I have no value....mm.hhhhh

Projected value ?....like the stock exchange ? :-D

Man = No value... legal person =no value. ( accounts which currency pass thru SIN... BC) All money is DEBT. The corp can create its own currency. We have no Value. PERIOD. So what the fuck?

now do you want to create your own crypto currency and become valuable

are at least at the opening gate of one?

I would but I fucking suck at algorithms and code... ffs

then learn what Scott is teaching to set up for it

Fuck off, for fuck sakes what the fuck do you think I am fucking doing here?

fuck thats just a stupid fucking answer.. obvious for fuck arrrrrgh....

Robert Cormier, you are complicating stuff buddy.....just send a request to this Hydro company ASKING if there is any OTHER method for ROBERT CORMIER to discharge that debt they are send to ROBERT CORMIER

THAT'S IT.......it works, I have done it....a 1 page letter, with a simple question.....and tell them that you ABSOLUTLY need an answer from them

sorry

So ... then What did Jeffsbee actually mean?

we need to get setup for the coin mining of the second type of currency coming out

also I was thinking about that ticket you receive the other night why isn't the other guy suing for infringement of the use of his name on a document?

Yes , that makes sense, I have not heard that from the Admiral. I have heard him talk about bit coin and its advantages. He has mentioned the Crypto currency that is not a test and still being worked on. I have read TT4L, mostly. That is Private matter for now... and its a simple fucking void. No contract.

Pete Daoust - Do you send it by registered mail to make it "official", or do you send it by regular mail?

See now I don't need to take it to the system.... I am isolated in admiralty law. This thread is about what we think money is and the resulting development of Value, which at this point is worthless. So I know that this all ties together. So money is not what I thought it was before coming here. Remedy is the past. The Present is all that matters. So my melon is melting. .

I SEND EVERYTHING by registered mail.....why this question Robert Cormier ? :/

I had assumed as much, but, now at days, I DO NOT ASSUME anything. :)

Thanks

actual money equals time

You don't need to assume Robert Cormier, if you read here, you will find that EVERYTHING need to be sent registered mail, without return address on the envelop :D

Hmmm "TIME is MONEY" heard that all my life...

I am a vessel. my value is cargo. which is my time

holy shit.... fuck ... simple...

I am a fabricator of metals. I charge $100 per hour. 300 per hour under water.

or the equivalent in Bitcoin

Yes, I get the principle of contracting... However, I am only valuable to me at this time...

Robert Cormiert the registered mail thing has been asked and answered at least twice int TT4L... read for fuck sake.

using the format above you can excess what would be the value on the legal title entity. the only intrinsic value of a lien is that it must be satisfied if an infringement violation in public occurs. Any party that is held in contempt of violating this. Has their bond seized by the corporation. That holds the lien

What? it is some what unclear...

Anyway, MULES can make your life so fucking easier :P

:D

Do tell...

Scott Duncan said that in our Proper Notice, we ONLY list our HOURLY rates. <--- This confuses me. Am I not entitled to charge for cuts or bruises I may receive if "cops" act like gangsters? Example= every millimeter of any cut my body receives by them costs $500,000.00. Each bruise less than 5cm = $500,000.00, Bruises between 5cm and 10cm = $1,000,000.00. etc.

Just charge a flat rate per day or any portion thereof...

I love MULES

using whatever method of payment format you choose such as damages to the body of $5,000 for plus blah blah blah blah it's our contract people we get to make it

everybody please listen up everything that we mail is certified registered return receipt requested. Does anybody know why?

Snail mail Yes but no historical record... signature. No I have not read that. The registered mail thing has been covered a few times it has been asked and answered... This thread is about money and value not the fucking mail.

And clubhouse rules are for the club for fuck sake... :-D

back to the value of the lien

Anyone ever done this?

http://www.youtube.com/watch?v=OnlLFMd3iiQ

please give me a minute I hate being interrupted

Make a fucking Registered Mail thread... this thread is value, money and mules :-D

Hellos....

Facebook won't let me bring up any ones name highlighted with a link... to call them to a thread. About 4 days now.

Yes, indeed, you are extremely confused Robert Cormier :D

Are you new? All these threads are missmashed!

Shitstain=off topic post on thread... my facebook not working proper could be considered a shit stain... the threads are mismashed sure... but I know when I post something on a thread...

So, cuts to my body can not have VALUE attached to them?

you can also do up a rated sheet for bodily harm... its up to you it is yours... you determine the rates.

CREATE something...

Scott Duncan instructed us : HOURLY RATES ONLY. :(

Grant, some one you trust to hold it for you...

Oh... I missed that.. I do day rate and portion thereof...

Don't you fucking read Jay Le B? For fuck sakes! :)

Dude...we are the kings of shitstains

Yes but with the mishmashedness of the threads , dodging cops and making a living ... I miss shit... :-D

Yes, the kings of shit... Chris Evan and CSIS loves you guys :-D

Registered mail is one of those topics that shows up in multiple threads... we miss shit yes... Can we go back to talking about establishing value, money and mules please.

Mules is most important

So...

ah fuck this... I am going to read some articles that Scott wrote... I fucking hate missing shit. see y'all later.

I tend to think wrong & value the wrong things...but now I'm going to think outside the box & backwards about how corporations create 'book' value in the current system:

eg: a mortgage company/credit company:

Book value may be calculated by accounts outstanding + accounts received + cash reserves + other assets (plant & equipment).

Accounts outstanding can be calculated as the book value of the mortgages they hold a charge/lien over.

Using this logic, (in the current system) we can extrapolate our value to be the charges & liens & amounts outstanding that we hold against others.

Consequently, we can borrow against the book value, money of exchange as & when required.

So, to borrow from Scott Duncan, 'you have no value'...is it reasonable to add to this statement 'until you create liens/charges against others' ie: salvage property abandoned on the 'sea of commerce' and/or the property of those who have caused you harm?

In other words, we add value by seizing value that already exists: ie: pirates & privateers seize value as opposed to creating our own?

Is this why we identify Captain Jack Sparrow, or have I just managed to create a massive shitstain here?

If so, that would be a mistake, so please forgive me :D

That is beautiful Stuart Stone :)

I am going in large circles :-p

As long as there is no shit in that circle :D

no shit in circle. Catch 22... still processing....

I prefer to trade the debt notes of legal tender in for gold and silver bullion; but that is just me... Something so satisfying about trading debt for precious metal(I actually prefer silver for the medicinal properties). Debt for tangible value... what a concept... ;)

Do you eat silver Matthew Barton Stoddard ? :/

Of course... Wow, are you a French caveman Pete Daoust?

No, a French dumbass TOKEN....

I never saw no one eat silver in these past 47 years :/

Lol ok... Do you know how the upper class survived the Black Plague in Europe? Google colloidal silver son...

Ha....I knew it was bullshit.....what do I fucking care about the black plague, and any upper fucking class......why do you always bring this kind of stupid back up when you write something stupid in here.....fuck off with that shit....bye !

Lol; you claim to be studying law; but you have not studied the very people that invented the deception? They run eugenics too Pete Daoust; and they hate french people a lot. That is why their Royal Bloodline takes so much shit and abuse from the rest. If you want to survive when these shitbags try to pull the plug on us; you best learn what they do to survive... Like understanding real medicine; not the chemical based one they provided to you after the WWII need to use their chemicals somewhere to keep making money. Sorry buds, but much of what you post is in fact closer to "stupid" than anything I post. One track minds are for the ignorant and controllable... Broaden your fucking horizons; or be an ignorant retard... your choice, not mine... ;)

you claim to be studying law: Where did you saw me saying this ? :/

You've said:

I prefer to trade the debt notes of legal tender in for gold and silver bullion; but that is just me... Something so satisfying about trading debt for precious metal(I actually prefer silver for the medicinal properties). Debt for tangible value... what a concept...

I said: DO YOU EAT SILVER

And then you answered me like EVERYONE should know that EVERYONE is eating silver.....

And backed this up with some stories that I was not even alive when it happened...

And then followed up with : Sorry buds, but much of what you post is in fact closer to "stupid" than anything I post

:/ :/ :/ ?????

are you only aware of what has taken place in the world here during the time in which you were alive?

Not everyone is eating silver Pete Daoust; just people who know how it works...

You see, you will NOT admit that what you've said was stupid in the first place, but you will continu to try to make me look stupid by asking a general question like:

are you only aware of what has taken place in the world here during the time in which you were alive?

Now, think about that question you've just asked, and ask your self if this is in fact, one heck of a stupid question :/

But you have to actually "know" about stuff that happened "before you were even alive"... kinda like the legal system "happened" before you were alive... ;)

It wasn't a general question, you fucking said it!

And backed this up with some stories that I was not even alive when it happened...

sounds like you are admitting to it to me...

And you keep putting these stupid ;) like if everything you say is pure WISDOM from your ass

just asked to be sure

You remind me freezebee....and now I am fed up...bye !!!!

really Pete Daoust; after all the :( from your posts... wow...

Now....you will feel a tingly nothing, and you will no longer see my stupid posts

see you in jail and/or in hell

:D....fresh air.... ;d

cool and I don't do jail jail, just this current jail... and since you obviously haven't noticed Pete Daoust; we are already in HELL... hahaha

I love watching a good ole fashioned French Canadian temper tantrum!

You've haven't seen nothing :D ....this was NOT a tantrum at all Chris Evan

I just can't take that shit no more Chris Evan, I can't smell that freetard on the land mentality, it's not for me....

And it's not for this group....there is plenty of group for them.......and jail :D

http://youtu.be/jqvKjsIxT_8

You can try watching that

its simple and accurate.. and if you don't get it, just watch it til you do.. :P

This is an OFFICIAL Scott Duncan CumBunny, so you can trust what she says! :D

I didn't know there are fake wannabe's out there..

There are. It diminishes the beauty and status of Scott Duncan CumBunny. It really does.

Gail Marie, stop liking these posts and just watch the damn video.. pay attention.. it is 45mins long,. I doubt you finished already...

I'm on it :P

*sigh* and she replies... FOCUS! You ask a question, there's your answer.. if you REALLY wanna learn.. then pay attention..

BTW, I AM NOT A CUMBUNNY Scott Duncan!!!

LOVEYOOLONGTIME!

Never long enough :)

9 inches is MORE than enough.

I am referring to your :LOVE... not your 9inches Mr!

<3 <3 <3 <3 <3 <3 <3 <3 <3 <3 <3 <3 <3 <3 <3 <3 <3 <3 <3 <3 <3 <3 <3 <3 <3 <3 <3 <3 <3 <3 <3 <3 <3 <3 <3 <3

Loving it ;)

LONG time, baby!

Next time Dan logs in

Mr.? I guess we know who's on top. :)

He's goin on a purge.

"When you are THIS big, they call you Mr."

It has been established: no value, got it. Value comes from what we spend money on. We only need money when we spend it. Money is created out the banks by a signature on a contract. The Govt is a Trust The Govt borrows from the bank. In Canada, The Bank of Canada. The Crown and its many forms is/are the administrator, We are the Beneficiary, We are cargo inland and Trustee and holder of the Bill of Lading. The legal person, once all accounts and NAME associated with, are liened, the govt and bank no longer have access to create more debt... No eleventy billion dollars ... more liKe 3 So Creating Value by leining the name just adds to Debt and further fucks the situation. All the lien does is Cut The Govt Trust off from the revenue stream of the person. Commerce is only on land. So crypto currency, on the Ocean Blue, sounds pretty good considering the options around. Close?

Jay Le B - You might find this worthy of note regarding your statement that commerce is only on land: Oceans Act (S.C. 1996, c. 31) Exclusive Economic Zone Marginal note:Exclusive economic zone of Canada

13. (1) The exclusive economic zone of Canada consists of an area of the sea beyond and adjacent to the territorial sea of Canada that has as its inner limit the outer limit of the territorial sea of Canada and as its outer limit

My presumption from my comprehension is that the exchange/conversion happened at withdrawal, must be from the out of my ass department.. Deposit one form and withdraw another... A withdrawal accounted for by receipts and transaction records... backed up by a B O E.. line item in books of corp- the exchange... How is that wrong?

Money of Account buys more money of Account. So, if I liened the Account, i would be the Creditor!

aha

Value = Services/Goods in Demand + Reliability of Promise. Subject to the transaction at hand. ( spending it )

Again I am thinking....I signed some document that CREATED the Account that holds this Money of Account. There is no other signature on the document. I should be able to just lien this with out an Administrative Process because MY signature and no other is evidence that I am the only one with standing in the matter. Or am I thinking through this wrong?

The hundred million dollar Value Placed upon the lien of the legal title entity Is arbitrary.

Scott, I am hearing a lot about this 1099OID form. It is an Original Issuer form that is a statement of who created the money and is filed with the IRS. If I write a check or sign a Promissory Note and never get the cancelled check back, I can issue this form to say I am the creator of X amount of securities (credit). It is my understanding that these are filed once a year as a cumulative total. Is this relevant?