Time: Fri Apr 04 17:05:05 1997 by primenet.com (8.8.5/8.8.5) with ESMTP id NAA22111; Fri, 4 Apr 1997 13:24:56 -0700 (MST) by usr07.primenet.com (8.8.5/8.8.5) with SMTP id NAA13170; Fri, 4 Apr 1997 13:23:58 -0700 (MST) Date: Fri, 04 Apr 1997 16:57:14 -0800 To: liberty-and-justice@pobox.com From: Paul Andrew Mitchell [address in tool bar] Subject: Query on Federal funding ... Cc: Patricia Neill <pnpj@db1.cc.rochester.edu> What we learned from the late Howard Freeman was that the Union States underwrote the secret federal bankruptcy of 1933, and thereby agreed to become agents for collection of interest on the permanent federal debt which was instituted at that time. I can share his writings with you, if you wish. By doing this, the Union States became "accommodation parties" [sic] which is a legal term meaning that they became real parties of interest in the bankruptcy, by accommodating it, rather than opposing it. I take this to mean that the money collected by the corporate States of the Union is now flowing into foreign banks, and not into the U.S. Treasury. Another term for this permanent federal debt is "rolling rehypothecation". Confer at "hypothecate" and "rehypothecation" in Black's Law Dictionary, to wit: "Hypothecate. To pledge property as security or collateral for a debt. Generally, there is no physical transfer of the pledged property to the lender, nor is the lender given title to the property; though he has the right to sell the pledged property upon default." "Rehypothecation. To pledge to another or to transfer to another a note, goods, or other collateral which have been already pledged; e.g. a broker may pledge securities pledged to him by a customer (under e.g. a margin account) to finance his borrowings from a bank." Begin by reading "The Two United States and the Law" in the Supreme Law Library at the URL below. I hope this helps. /s/ Paul Mitchell http://www.supremelaw.com At 03:02 PM 4/4/97 -0500, you wrote: >Does anyone know if States send money to the Feds? Do States pay taxes or >other monies to the Fed govt? > >Thanks--any info or places to look this up are appreciated. > >Patty Neill > >=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-= >Unsub info - send e-mail to majordomo@majordomo.pobox.com, with >"unsubscribe liberty-and-justice" in the body (not the subject) >Liberty-and-Justice list-owner is Mike Goldman <whig@pobox.com> > > ======================================================================== Paul Andrew, Mitchell, B.A., M.S. : Counselor at Law, federal witness email: [address in tool bar] : Eudora Pro 3.0.1 on Intel 586 CPU web site: http://www.supremelaw.com : library & law school registration ship to: c/o 2509 N. Campbell, #1776 : this is free speech, at its best Tucson, Arizona state : state zone, not the federal zone Postal Zone 85719/tdc : USPS delays first class w/o this ========================================================================
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