juan jose's Album: Wall Photos

Photo 148 of 150 in Wall Photos

I walk in with a “Federal Reserve Note”—- a promissory note, and give it to Joe in exchange for a hamburger.

What has actually happened?

I have given Joe a paper I. O. U. for an actual hamburger.

So I still owe a debt and Joe is owed a credit for the exact same amount.

The debt is being tracked by the Federal Reserve Note, but there is no formal paper tracking the credit owed to Joe, except that we know that the credit is exactly the same amount as the debt.

The National Credit always equals the National Debt in such a system.

It’s just bad bookkeeping that makes it appear otherwise.

The reason for the bad bookkeeping is embezzlement.

What the rats did was simply not to give Joe Credit for his hamburger.

This gave the appearance of a constantly increasing “National Debt” with no answering "National Credit" in evidence.

Meanwhile, the National Credit actually owed to all the “Joes” in America was being sequestered— “blocked”— and Joe was not allowed to access his own credit.

This circumstance resulted —over time—in the accumulation of a giant credit Slush Fund that the banks and politicians and “military-industrial complex” used and abused for their own purposes.

This is not the way it was supposed to work. Read Federal Title XII.

What was supposed to happen was that Joe was supposed to be able to access his credit directly via a Mutual Offset Credit Exchange Exemption, a MOCEE.

And Joe was supposed to have free access to his “Mutual Offset Credit Exchange Exemption”—- meaning that whenever “Joe” was presented with a bill addressed to “JOE” — he was supposed to be able to claim his exemption from paying it, and apply his already earned credit instead.

So, Joe has a $5 credit owed to him because he gave me a hamburger. He gives a lot of people hamburgers, so after a while, he is owed $1,000.00.

Okay? That’s simple enough. Joe has earned a thousand dollars worth of credit. It's pre-paid. He didn't get anything for nothing. He is owed credit for all those hamburgers.

When he gets a bill for $120.00 addressed to “JOE” from the Tax Assessor or the Electric Company or for a car loan, etc., Joe is supposed to have the right to “claim his exemption” and apply his already earned credit to “offset” any such debt.

In this way, the National Credit is always supposed to Offset the National Debt.

The “private credit” owed to Joe is always supposed to Offset the “public debt” owed by “JOE”, and it probably would stay relatively in balance if Joe were ever told about this arrangement or given any instructions how to claim his exemption and apply his earned credit, but he wasn't.

(This is what all this talk about "private side" and "public side" is about. Joe is owed credit on "the private side" and JOE owes debt "on the public side".)

But instead, the Vermin responsible kept mum and made up excuses to “block” Joe from having access to his credit.

They pretended (and cobbled up falsified records to “prove”) that Joe wasn’t Joe, so that they could use his credit instead.

Meantime, of course, bills addressed to “JOE” kept coming, and unaware that he was owed Offset Credit, “Joe” kept on paying all these bills addressed to “JOE”.

So, not only is Joe not getting the Offset credit he is owed, he is being forced to pay all the new bills on top of it.

Back at Scam Central, the rats are in charge of the gigantic Credit Fund owed to Joe (and all the other Joes in America) and they are busily investing it “for” Joe, who they pretend is “missing”.

Using Joe’s earned credit, they buy up everything in sight. They buy majority interest in the Fortune 500. They buy up foreign currencies and create the “Exchange Stabilization Fund” so that they can mess with the value of every other country’s money by manipulating the supply of that country’s currency. They do all sorts of crap in Joe’s name and they bilk Joe to do it.

THAT is what has gone on here, in a nutshell.
Added March 3, 2020

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