ROL_2009-05-22_16k_Hr1-2.timecode

[00:00.000 --> 00:05.840]  This news brief brought to you by the International News Net.
[00:05.840 --> 00:10.400]  Israel has given the UN force in Lebanon maps of where it launched cluster bombs in its
[00:10.400 --> 00:14.040]  war with Hezbollah in 2006.
[00:14.040 --> 00:19.180]  The UN and opponents of the use of cluster munitions have pressed Israel for nearly three
[00:19.180 --> 00:21.400]  years to turn over the maps.
[00:21.400 --> 00:28.960]  The UN estimates Israel dropped four million bomblets and that 40 percent failed to explode.
[00:28.960 --> 00:35.080]  Hezbollah Secretary General Saeed Hassan Nasrallah warned against a plot hatched by the West
[00:35.080 --> 00:37.800]  to create a new conflict in the Middle East.
[00:37.800 --> 00:43.800]  Nasrallah said Wednesday the US and Israel are seeking to create a conflict between Iran
[00:43.800 --> 00:46.200]  and the Arab countries.
[00:46.200 --> 00:51.960]  The dollar has lost its status as the basic reserve currency for the Russian central bank.
[00:51.960 --> 00:58.600]  Euro-based assets increased to 47 percent as of January 1st whereas dollar assets were
[00:58.600 --> 01:04.480]  only 41 percent.
[01:04.480 --> 01:10.600]  The UN refugee agency warns the human exodus from the war-torn Swat Valley in Pakistan
[01:10.600 --> 01:16.040]  is turning into the world's most dramatic displacement crisis since the Rwandan genocide
[01:16.040 --> 01:18.040]  of 1994.
[01:18.040 --> 01:23.760]  Almost 1.5 million people have registered for assistance since fighting erupted three
[01:23.760 --> 01:28.960]  weeks ago, bringing the total number of displaced people in the northwest frontier province to
[01:28.960 --> 01:30.960]  more than two million.
[01:30.960 --> 01:36.640]  This does not include 300,000 the provincial government believes have not registered.
[01:36.640 --> 01:43.240]  The army reported fierce clashes across Swat, a tourist haven turned Taliban stronghold.
[01:43.240 --> 01:50.160]  UNHCR head Antonio Guterres said relief workers were struggling to keep up with the size and
[01:50.160 --> 01:52.920]  speed of the population displacement.
[01:52.920 --> 01:58.280]  Guterres said unlike Rwanda where people were housed in tents, most are squeezed into the
[01:58.280 --> 02:02.840]  homes of friends or relatives with up to 85 people in one house.
[02:02.840 --> 02:08.280]  Aid workers warned the strain on the displaced and those helping them could soon lead to
[02:08.280 --> 02:09.280]  political destabilization.
[02:09.280 --> 02:24.920]  The Pentagon paid former Halliburton subsidiary KBR more than $80 million in bonuses for contracts
[02:24.920 --> 02:30.720]  to install electrical wiring in Iraq in 2007 and 2008.
[02:30.720 --> 02:35.800]  According to Department of Defense documents, the award payment was for the very work that
[02:35.800 --> 02:41.360]  caused US soldiers to be electrocuted, more than $30 million in bonuses were paid in the
[02:41.360 --> 02:47.840]  months after the death of Sergeant Ryan Maceff whose death has been classified by Pentagon
[02:47.840 --> 02:51.280]  investigators as negligent homicide.
[02:51.280 --> 02:57.680]  All the bonuses were paid to KBR after investigators had expressed concern about the quality of
[02:57.680 --> 02:59.680]  KBR's electrical work.
[02:59.680 --> 03:06.680]  You are listening to the Rule of Law Radio Network at ruleoflawradio.com, live free speech
[03:06.680 --> 03:09.680]  talk radio at its best.
[03:09.680 --> 03:32.680]  Yeah, they're on TV non-stop, like we're flying like a rocket, can you hear that, man?
[03:32.680 --> 04:00.680]  Yeah, they're on TV non-stop, like we're flying like a rocket, can you hear that, man?
[04:00.680 --> 04:27.680]  Yeah, they're on TV non-stop, like we're flying like a rocket, can you hear that, man?
[04:27.680 --> 04:54.680]  Yeah, they're on TV non-stop, like we're flying like a rocket, can you hear that, man?
[04:54.680 --> 05:22.680]  Yeah, they're on TV non-stop, like we're flying like a rocket, can you hear that, man?
[05:22.680 --> 05:49.680]  Yeah, they're on TV non-stop, like we're flying like a rocket, can you hear that, man?
[05:49.680 --> 06:16.680]  Yeah, they're on TV non-stop, like we're flying like a rocket, can you hear that, man?
[06:16.680 --> 06:36.680]  Yeah, they're on TV non-stop, like we're flying like a rocket, can you hear that, man?
[06:36.680 --> 07:04.680]  Yeah, they're on TV non-stop, like we're flying like a rocket, can you hear that, man?
[07:04.680 --> 07:31.680]  Yeah, they're on TV non-stop, like we're flying like a rocket, can you hear that, man?
[07:31.680 --> 07:58.680]  Yeah, they're on TV non-stop, like we're flying like a rocket, can you hear that, man?
[07:58.680 --> 08:25.680]  Yeah, they're on TV non-stop, like we're flying like a rocket, can you hear that, man?
[08:25.680 --> 08:52.680]  Yeah, they're on TV non-stop, like we're flying like a rocket, can you hear that, man?
[08:52.680 --> 09:16.680]  Yeah, they're on TV non-stop, like we're flying like a rocket, can you hear that, man?
[09:16.680 --> 09:24.680]  Oh, they didn't, this doesn't make it illegal, it doesn't change any of the statutory law.
[09:24.680 --> 09:28.680]  What it does is fund the FBI to go after this issue.
[09:28.680 --> 09:38.680]  A few years ago, I went to Richard Roper, he was the head U.S. attorney in Dallas until Obama got in,
[09:38.680 --> 09:48.680]  and wanted him to take some compliance against some public officials for improper felony acts.
[09:48.680 --> 09:56.680]  And he said, well, I'd like to help you, but I only have budget to go after terrorists.
[09:56.680 --> 10:00.680]  Said, well, Richard, how many terrorists you caught in Fort Worth lately?
[10:00.680 --> 10:04.680]  Well, we hadn't caught any, but we're sure looking.
[10:04.680 --> 10:09.680]  This is kind of the thing that the feds get into.
[10:09.680 --> 10:17.680]  We complain about them a lot, but in their defense at times, they're stuck with what they've got.
[10:17.680 --> 10:20.680]  And in this case, he was stuck with funding to do terrorists.
[10:20.680 --> 10:28.680]  It's still their number one funded search activity, but number three on the list is fraud.
[10:28.680 --> 10:33.680]  And now they've just got well-funded for fraud, so it may move up the list.
[10:33.680 --> 10:43.680]  Well, so, Randy, are you saying that the FBI isn't just funded to go after crimes in general at the federal level?
[10:43.680 --> 10:48.680]  They can only go after crimes that they are funded to go after?
[10:48.680 --> 10:52.680]  And that the president says it's okay to go after.
[10:52.680 --> 10:54.680]  Oh, boy. Now, wait a minute.
[10:54.680 --> 11:07.680]  I have a problem with that because as far as the executive branch is concerned, they don't get to have discretion as far as what laws they decide they want to enforce or not.
[11:07.680 --> 11:13.680]  That's what the whole big brouhaha over the presidential signing statements is all about.
[11:13.680 --> 11:16.680]  They have to enforce all law.
[11:16.680 --> 11:20.680]  They don't get to decide what law they want to enforce and what law they don't.
[11:20.680 --> 11:27.680]  Well, that sounds nice and philosophical, but in the real world we live in, they do whatever the heck they want to.
[11:27.680 --> 11:31.680]  Well, I realize that, but I'm saying according to law.
[11:31.680 --> 11:39.680]  Yeah, I understand they should enforce all the laws equally, but they're not sufficiently funded.
[11:39.680 --> 11:42.680]  They're like everybody else.
[11:42.680 --> 11:49.680]  Everybody gets squeezed, except for the guys in the defense industry.
[11:49.680 --> 11:50.680]  They get all the money they want.
[11:50.680 --> 11:59.680]  Well, see, that doesn't make any sense because what you're saying is that if one of these agents has knowledge of a fraud crime,
[11:59.680 --> 12:07.680]  but their budget says they can't go after it, then they have to sit there and not do anything about it.
[12:07.680 --> 12:11.680]  Isn't that in and of itself breaking a law?
[12:11.680 --> 12:16.680]  Well, I'm not sure.
[12:16.680 --> 12:19.680]  They have no duty to protect anyone.
[12:19.680 --> 12:25.680]  They only have a duty to enforce law, and if they're enforcing law and you can't say,
[12:25.680 --> 12:32.680]  well, you didn't enforce every single law every time, and they're going to say, well, heck no, we can't.
[12:32.680 --> 12:34.680]  Give us more money.
[12:34.680 --> 12:36.680]  And I think that's what they were saying here.
[12:36.680 --> 12:44.680]  The politicians went to them and said, hey, go start clobbering these financial gurus that's got us in this mess.
[12:44.680 --> 12:47.680]  They said, we don't have the funds.
[12:47.680 --> 12:48.680]  Fund us.
[12:48.680 --> 12:49.680]  We go do it.
[12:49.680 --> 12:53.680]  So they funded them.
[12:53.680 --> 13:00.680]  Unfortunately, that's the reality of the world we live in.
[13:00.680 --> 13:03.680]  However, now they're funded.
[13:03.680 --> 13:08.680]  And for us, that's a good thing.
[13:08.680 --> 13:20.680]  It looks like the Obama administration is about to take this financial crisis and stuff it down the throats of the ones who created it.
[13:20.680 --> 13:25.680]  And he's going to use us and the feds to get it done with.
[13:25.680 --> 13:35.680]  So criminal complaints of fraud to the feds should be done as a matter of course.
[13:35.680 --> 13:45.680]  Guy Moe in New York uses a bill of exchange to buy a Mercedes.
[13:45.680 --> 13:50.680]  And the Mercedes dealer didn't know what it was, so they called the feds.
[13:50.680 --> 13:54.680]  The guy was named Mohammed.
[13:54.680 --> 13:55.680]  They called the feds.
[13:55.680 --> 13:57.680]  The feds see his name's Mohammed.
[13:57.680 --> 14:03.680]  They come out there and grab him up because they have budget for that.
[14:03.680 --> 14:06.680]  They got something to do under their budget.
[14:06.680 --> 14:17.680]  And they find out he's not really an Islamic terrorist, born and raised in New York, ruined all their fun.
[14:17.680 --> 14:20.680]  They put him back on the street.
[14:20.680 --> 14:29.680]  Well, and that's what Richard Roper was telling me, that I'm constrained by my budget.
[14:29.680 --> 14:34.680]  So now it appears the feds are not constrained in that way anymore.
[14:34.680 --> 14:38.680]  They can actually get out there and get after it.
[14:38.680 --> 14:52.680]  So we need to give them a way to use up all this budget they just got by crucifying all of these mortgage companies.
[14:52.680 --> 14:54.680]  That sound like fun?
[14:54.680 --> 14:56.680]  Yes.
[14:56.680 --> 14:59.680]  What do you suggest?
[14:59.680 --> 15:07.680]  Well, I suggest that every time someone has a – that everybody who has a mortgage,
[15:07.680 --> 15:18.680]  whether they're in arrears or not, should look at a forensics analysis of the mortgage
[15:18.680 --> 15:24.680]  to see if you can find fraud in it, take it to the feds.
[15:24.680 --> 15:26.680]  You owe that.
[15:26.680 --> 15:27.680]  Go ahead.
[15:27.680 --> 15:31.680]  I think before we get too gung-ho on whether this is good or bad, we ought to read a little more.
[15:31.680 --> 15:35.680]  I've just gone through Section 3, which deals with the funding.
[15:35.680 --> 15:44.680]  For two fiscal years, they're allocating $852 million between the various agencies for these purposes.
[15:44.680 --> 15:52.680]  That's how much they're going to take from us to presumably go after those that are committing these acts.
[15:52.680 --> 15:57.680]  The problem I have with this so far is that these acts could not have been committed
[15:57.680 --> 16:02.680]  without the same people's cooperation to begin with.
[16:02.680 --> 16:07.680]  Yes, but it was a different administration.
[16:07.680 --> 16:22.680]  And this is likely to be a tool that Obama's going to use to beat up the Republicans who enabled all of these practices.
[16:22.680 --> 16:27.680]  I'm not naive enough to think that they're actually doing something for us.
[16:27.680 --> 16:34.680]  Yeah, well, the thing is, as we all know, the language they like to use in this can sometimes
[16:34.680 --> 16:38.680]  and most always be painted with a very broad brush.
[16:38.680 --> 16:40.680]  Okay, listen, we're going to break.
[16:40.680 --> 16:42.680]  We're going to talk about this more on the other side.
[16:42.680 --> 16:49.680]  Callers, if you'd like to call in 512-646-1984.
[16:49.680 --> 16:58.680]  We'll be right back.
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[18:06.680 --> 18:28.680]  Thank you very much.
[18:36.680 --> 19:03.680]  Thank you very much.
[19:06.680 --> 19:30.680]  Thank you very much.
[19:36.680 --> 19:59.680]  All right, chant down Babylon.
[19:59.680 --> 20:02.680]  This is the rule of law, Randy Kelton and Deborah Stevens.
[20:02.680 --> 20:04.680]  We're here with Eddie Craig.
[20:04.680 --> 20:10.680]  Eddie, you were saying before we get too gung-ho about this,
[20:10.680 --> 20:16.680]  let's read a little bit deeper into the bill and just how much it's going to cost.
[20:16.680 --> 20:23.680]  And are we asking these people to – are we asking these people to police themselves again?
[20:23.680 --> 20:25.680]  So go ahead, Eddie.
[20:25.680 --> 20:27.680]  Yeah, I'm betting we are.
[20:27.680 --> 20:32.680]  But as I was saying about them using a broad brush when they go in for terminology,
[20:32.680 --> 20:36.680]  they are – Congress and the government in general is notorious
[20:36.680 --> 20:42.680]  for taking a much broader stroke with the language of any act they make
[20:42.680 --> 20:46.680]  than what they're telling us they're going to use it for.
[20:46.680 --> 20:51.680]  Let's take, for instance, that lady back in the 90s where the Forest Service used an act
[20:51.680 --> 20:56.680]  that was to be used to fight terrorism to steal her property from her.
[20:56.680 --> 21:00.680]  Even though she was not a terrorist, they used the terrorist laws to take her property.
[21:00.680 --> 21:05.680]  Now, what we've got here in this particular bill, just playing devil's advocate on this, of course,
[21:05.680 --> 21:11.680]  Section 4, Clarifications to the False Claims Act to Reflect the Original Intent of the Law.
[21:11.680 --> 21:24.680]  Well, then you go to subsection A, sub-item 1, sub-sub-item A, sub-sub-item 1, delta beneath that.
[21:24.680 --> 21:30.680]  Subject to paragraph 2, any person who has possession, custody, or control of property or money used
[21:30.680 --> 21:34.680]  or to be used by the government and knowingly delivers or causes to be delivered
[21:34.680 --> 21:38.680]  less than all of that money or property.
[21:38.680 --> 21:43.680]  There's all kinds of ways that someone that the government deems is in control of money that belongs to them
[21:43.680 --> 21:48.680]  could run afoul of that section, just like the one up at the very top on A where it says,
[21:48.680 --> 21:53.680]  knowingly presents or causes to be presented a false or fraudulent claim for payment or approval.
[21:53.680 --> 21:57.680]  Somebody writes you a bad check. You don't know it's bad.
[21:57.680 --> 22:00.680]  You go to the financial institution these laws cover.
[22:00.680 --> 22:04.680]  You try to stick that check in your bank and it comes back to NSF.
[22:04.680 --> 22:10.680]  The bank comes back on you and the feds come back on you because you presented or caused to be presented
[22:10.680 --> 22:15.680]  a document that was false. It didn't have the money behind it. It says it does.
[22:15.680 --> 22:23.680]  However, that would not be a federal issue unless you had an out of state bank
[22:23.680 --> 22:28.680]  and if you're traveling or something, otherwise that wouldn't apply.
[22:28.680 --> 22:31.680]  Well, but it might, Randy, because banks are federally regulated.
[22:31.680 --> 22:32.680]  It doesn't matter.
[22:32.680 --> 22:35.680]  It's like if somebody robbed a bank in one state.
[22:35.680 --> 22:37.680]  That's a special statute.
[22:37.680 --> 22:43.680]  Now, wait a minute. If I'm getting this right, this could have some serious implications
[22:43.680 --> 22:52.680]  that could cause blowback, as Ron Paul would say, because if these banks are engaging in fraud
[22:52.680 --> 22:57.680]  and the accounts themselves are fraudulent accounts and we're writing checks off of them
[22:57.680 --> 23:03.680]  or using our debit cards on these accounts, that means we're committing fraud too.
[23:03.680 --> 23:06.680]  What knowingly presents.
[23:06.680 --> 23:12.680]  No, it doesn't say it's knowingly is one part or causes to be presented is the other part.
[23:12.680 --> 23:16.680]  You don't have to know on the causes to be presented.
[23:16.680 --> 23:18.680]  Well, but do you see what I'm saying, guys?
[23:18.680 --> 23:23.680]  Oh, yeah. I understand completely. This goes into the conversation that you and I were having.
[23:23.680 --> 23:28.680]  Yeah, they could come back after us for committing fraud because we're using these bank accounts
[23:28.680 --> 23:34.680]  and writing checks off of them and depositing our paychecks on them, et cetera, et cetera.
[23:34.680 --> 23:40.680]  So we're engaging in the activity. I don't know.
[23:40.680 --> 23:45.680]  I don't know if I like this so much.
[23:45.680 --> 23:53.680]  The language is not very clear. False or fraudulent claim.
[23:53.680 --> 23:55.680]  Yeah, it's a typical congressional bill.
[23:55.680 --> 24:00.680]  Yeah, yeah. Claim is the problem. What does that mean?
[24:00.680 --> 24:08.680]  If you're going from a financial perspective, the presumption would have to be it means any negotiable instrument
[24:08.680 --> 24:14.680]  or any possibly convertible instrument.
[24:14.680 --> 24:22.680]  Because some instruments can be converted to a negotiable instrument by signature alone and so on and so forth.
[24:22.680 --> 24:28.680]  So even though it may not have started out as something that could have got you in trouble by signing it
[24:28.680 --> 24:33.680]  and turning it into somebody, it could then get you in trouble.
[24:33.680 --> 24:39.680]  It can transfer back to the somebody gives you a check thing.
[24:39.680 --> 24:41.680]  Indeed.
[24:41.680 --> 24:46.680]  I'm reading this and it's setting off warning buzz.
[24:46.680 --> 24:47.680]  Exactly.
[24:47.680 --> 24:50.680]  It's about 1099-OID.
[24:50.680 --> 24:51.680]  Yep.
[24:51.680 --> 24:52.680]  See, once again.
[24:52.680 --> 24:54.680]  Did it say that in the bill?
[24:54.680 --> 24:57.680]  No. I just got to get a bad feeling.
[24:57.680 --> 24:59.680]  He's making a comparison.
[24:59.680 --> 25:03.680]  Yeah. Well, I mean the thing is all accounts are fraudulent.
[25:03.680 --> 25:10.680]  I mean the banks are committing fraud all the time, everything they do, so it really doesn't matter.
[25:10.680 --> 25:14.680]  I mean just writing a check, it's the same thing.
[25:14.680 --> 25:20.680]  That goes right back to what we were talking about is that if we're not using the only monetary standard
[25:20.680 --> 25:26.680]  that by constitutional mandate we're allowed to use, we are engaged in fraud
[25:26.680 --> 25:31.680]  because we're using a monetary system that is completely unconstitutional in this country.
[25:31.680 --> 25:40.680]  And no court or act of Congress can alter that fact because the Constitution itself has not been amended to alter that fact.
[25:40.680 --> 25:51.680]  Now, another aspect of a lot of things we discuss when it comes to federal rules is we don't apply what the Constitution says federal jurisdiction is.
[25:51.680 --> 25:57.680]  Congress, when they write a law, does not write a law that governs the people in the individual states.
[25:57.680 --> 26:05.680]  They only have one enumerated power that allows them to directly touch the people, and that's the Commerce Clause.
[26:05.680 --> 26:11.680]  But they have tried to stuff everything in heaven underneath the umbrella of the Commerce Clause
[26:11.680 --> 26:15.680]  so they can use it to control the people within the states.
[26:15.680 --> 26:18.680]  And that's something we don't ever talk about much.
[26:18.680 --> 26:23.680]  We're well aware of the Commerce Clause problem.
[26:23.680 --> 26:26.680]  We've talked about that before.
[26:26.680 --> 26:35.680]  And here they can get to the banks as a rule, at least the larger banks, because they will be interstate
[26:35.680 --> 26:41.680]  and they do fall under the Federal Banking Commission.
[26:41.680 --> 26:51.680]  But whether they can get back to us or not, I'm more concerned with how they will use this against the individual, and they certainly will.
[26:51.680 --> 26:54.680]  As am I.
[26:54.680 --> 27:02.680]  And I mean, we've seen Obama talk out of both sides of his face on every issue he's dealt with.
[27:02.680 --> 27:05.680]  Pre-election, hey, I'll never try to take your guns.
[27:05.680 --> 27:07.680]  After election, we don't want their guns.
[27:07.680 --> 27:14.680]  Let's just take all the ammo, and so on and so forth.
[27:14.680 --> 27:20.680]  It's a good time to go into the business of...
[27:20.680 --> 27:28.680]  Speaking of guns and ammo, House Bill 1863 here in Texas, it's already passed out of committee.
[27:28.680 --> 27:38.680]  It's basically the identical bill of the law that Montana has recently passed regarding firearms,
[27:38.680 --> 27:47.680]  ammunition, firearms accessories, et cetera, that are manufactured within the state of Texas.
[27:47.680 --> 27:55.680]  And this bill basically says that anything relating to firearms or firearms at all that are manufactured in Texas
[27:55.680 --> 27:58.680]  are exempt from federal regulation.
[27:58.680 --> 28:03.680]  And this House Bill 1863 has already passed out of committee,
[28:03.680 --> 28:11.680]  and it has gone to the Calendars Committee to be scheduled for vote on the House floor.
[28:11.680 --> 28:18.680]  So folks, call up the legislature, the Texas legislature,
[28:18.680 --> 28:26.680]  and get a hold of the secretary, whoever is in charge of taking messages for the Calendars Committee.
[28:26.680 --> 28:28.680]  This is getting serious.
[28:28.680 --> 28:30.680]  The states are getting serious.
[28:30.680 --> 28:34.680]  They're not putting up with it anymore.
[28:34.680 --> 28:36.680]  It's a good sign.
[28:36.680 --> 28:40.680]  Yeah, hope it's not too late.
[28:40.680 --> 28:42.680]  But we're going to have to make a difference now.
[28:42.680 --> 28:45.680]  Don't leave it up to the legislature.
[28:45.680 --> 28:47.680]  We have to make that difference.
[28:47.680 --> 28:49.680]  Right, because they could still stall it.
[28:49.680 --> 28:54.680]  I mean, just because it's gone to the Calendars Committee doesn't mean that they're going to schedule it.
[28:54.680 --> 28:55.680]  Or mealy-mouth it to death.
[28:55.680 --> 28:56.680]  Exactly.
[28:56.680 --> 28:59.680]  Tell you they're going to support it, but when they get on the floor, they don't.
[28:59.680 --> 29:00.680]  Right.
[29:00.680 --> 29:01.680]  Don't give them that option.
[29:01.680 --> 29:07.680]  Exactly.
[29:07.680 --> 29:11.680]  So wake up, everybody.
[29:11.680 --> 29:14.680]  Never trust anything the government says.
[29:14.680 --> 29:25.680]  I'm looking at this, and it looks like Obama's trying to stuff it to the financial oligarchs.
[29:25.680 --> 29:31.680]  But in the process, he's also going to, they always got to put in there a little extras.
[29:31.680 --> 29:34.680]  You know it's a dog and pony show.
[29:34.680 --> 29:35.680]  Everything's a dog and pony show.
[29:35.680 --> 29:41.680]  I mean, if anyone out there, if you all see an Obama deception, I mean, he's totally a puppet for the bankers.
[29:41.680 --> 29:47.680]  I mean, he's just trying to look like he wants to stuff it to the bankers, but that's not what's really going on.
[29:47.680 --> 29:48.680]  I know it.
[29:48.680 --> 29:49.680]  Can't be.
[29:49.680 --> 29:50.680]  All right, we'll be right back.
[29:50.680 --> 29:55.680]  Callers, if you'd like to call in, 512-646-1984.
[29:55.680 --> 29:58.680]  We'll be right back.
[29:58.680 --> 30:03.680]  Gold prices are at historic highs, and with the recent pullback, this is a great time to buy.
[30:03.680 --> 30:09.680]  With the value of the dollar, risks of inflation, geopolitical uncertainties, and instability in rural financial systems,
[30:09.680 --> 30:11.680]  I see gold going up much higher.
[30:11.680 --> 30:14.680]  Hi, I'm Tim Fry at Roberts and Roberts Brokerage.
[30:14.680 --> 30:18.680]  Everybody should have some of their assets in investment grade precious metals.
[30:18.680 --> 30:27.680]  At Roberts and Roberts Brokerage, you can buy gold, silver, and platinum with confidence from a brokerage that's specialized in the precious metals market since 1977.
[30:27.680 --> 30:35.680]  If you are new to precious metals, we will happily provide you with the information you need to make an informed decision whether or not you choose to purchase from us.
[30:35.680 --> 30:43.680]  Also, Roberts and Roberts Brokerage values your privacy and will always advise you in the event that we would be required to report any transaction.
[30:43.680 --> 30:48.680]  If you have gold, silver, or platinum you'd like to sell, we can convert it for immediate payment.
[30:48.680 --> 30:52.680]  Call us at 800-874-9760.
[30:52.680 --> 30:58.680]  We're Roberts and Roberts Brokerage, 800-874-9760.
[30:58.680 --> 31:06.680]  Yeah, and who you want to chip in? Who you think me for? Free Tony? Who you want to chip in? Me no free Tony. You can't chip in.
[31:06.680 --> 31:12.680]  All of them chip in in the morning, chip in in the evening, put a chip in in your body.
[31:12.680 --> 31:16.680]  And then when you go computer reading, you can't hide me from nobody.
[31:16.680 --> 31:24.680]  When you say chip in in your mouth, chip in in your daddy, chip in in your grandpa and the granny, chip in in me, chip in in your B.A.B.
[31:24.680 --> 31:31.680]  Chip in in your family, whole family, chip in in your dad and the kids around me, chip in in the beef and you still go eat it.
[31:31.680 --> 31:36.680]  Chip in in the fish, them all in the sea, chip in in the stock and the wheel around me.
[31:36.680 --> 31:41.680]  Do you see mankind going too crazy? They're taking the team and they want to eat it.
[31:41.680 --> 31:46.680]  Social security, they've got their way. Now go with them, give me, they'll rip it up, you see.
[31:46.680 --> 31:55.680]  I'll chip you in the morning, chip you in the evening, chip you all the dinner time. Experiments on mankind, but man, you know, say them right.
[31:55.680 --> 32:00.680]  Well, we don't want no chip, man, you have your body. Freedom or something, man, you fight for it.
[32:00.680 --> 32:05.680]  You should tell them the 3-D. Constitution set us free.
[32:05.680 --> 32:10.680]  Not let them put no chip in your body. Put no chip in your dog or cat, you see.
[32:10.680 --> 32:17.680]  Don't put no chip in your cow and go eat it. Don't put no chip in the fish and go eat it. All in the wheel and the stock and the sea.
[32:17.680 --> 32:22.680]  Put the little chip in the little baby. Want to put the chip in the ground, like you say.
[32:22.680 --> 32:26.680]  Want to put the little chip in the iron man's body. It's me go hide in the iron man's body.
[32:26.680 --> 32:30.680]  All right. We are back. The rule of law, Randy Kelton and Deborah Stevens.
[32:30.680 --> 32:38.680]  We're here with Eddie Craig joining us this Friday evening and we have a caller on the line.
[32:38.680 --> 32:45.680]  We've got Vince Moros, or Moros, I hope I'm pronouncing his last name properly.
[32:45.680 --> 32:48.680]  Vince, thanks for calling in. What's on your mind tonight?
[32:48.680 --> 32:56.680]  Yes, Deborah. I just came into the shuttle and I think my question is going to be pertinent to what you're talking about.
[32:56.680 --> 33:06.680]  And my first question is, would you consider your signature to be private property?
[33:06.680 --> 33:13.680]  I think of our conversation last night, Deborah.
[33:13.680 --> 33:15.680]  Well?
[33:15.680 --> 33:20.680]  Your signature has value associated with it, does it not?
[33:20.680 --> 33:21.680]  Right.
[33:21.680 --> 33:23.680]  I would have to say yes.
[33:23.680 --> 33:36.680]  Okay. So if you were to cite a section of law that would claim that your signature is your own private property, where would you find that?
[33:36.680 --> 33:47.680]  Well, I defer the exact statute to these guys, but just from common law, I would say anything that I create is mine, period.
[33:47.680 --> 33:48.680]  Right.
[33:48.680 --> 33:50.680]  And that's just the way it is.
[33:50.680 --> 33:51.680]  And that you create conveniently as well.
[33:51.680 --> 33:58.680]  Yeah, anything that I create or build, I mean, this goes to, you know, common law of copyright, all right?
[33:58.680 --> 34:05.680]  When it comes to music and recordings, I know for a fact whoever records it owns it,
[34:05.680 --> 34:13.680]  and that's why the record companies have been able to basically completely take advantage of all musicians over the years,
[34:13.680 --> 34:23.680]  over the decades, up until recently, until it got to the point where technology got so cheap, inexpensive, and people educated themselves,
[34:23.680 --> 34:34.680]  musicians were able to educate themselves to record and produce their own music with the quality of caliber that rivaled the major record companies, okay?
[34:34.680 --> 34:39.680]  Because if you study the copyright law, it really doesn't matter that much who writes a song.
[34:39.680 --> 34:41.680]  What matters is who records it, okay?
[34:41.680 --> 34:49.680]  So I would say, you know, going according to my experience in that realm, anything I create, anything I build, anything I draw,
[34:49.680 --> 34:57.680]  anything I write or record, whether it's on paper or whether it's on audio, it's mine.
[34:57.680 --> 34:58.680]  It's private property.
[34:58.680 --> 35:00.680]  It's intellectual property.
[35:00.680 --> 35:02.680]  Okay.
[35:02.680 --> 35:03.680]  What do you think, guys?
[35:03.680 --> 35:05.680]  Do you all concur?
[35:05.680 --> 35:12.680]  Yes, and if you're looking for a statute addressing that particularly, I don't think you'll find one.
[35:12.680 --> 35:23.680]  You won't find one saying that the computer sitting on your desk is your personal property or the keys in your pocket are your personal property.
[35:23.680 --> 35:28.680]  The law will be far too general to get that specific.
[35:28.680 --> 35:29.680]  Okay.
[35:29.680 --> 35:40.680]  There could possibly be case law out there, but in thinking of researching to find a case law, that would be a trick.
[35:40.680 --> 35:44.680]  Well, I think that's the copyright of artwork, you know?
[35:44.680 --> 35:47.680]  Well, it seems like it would go deeper than that.
[35:47.680 --> 35:55.680]  I mean, your signature is, in legal terms, the way you identify yourself on paper.
[35:55.680 --> 36:00.680]  So it seems like it would carry a lot of weight.
[36:00.680 --> 36:01.680]  Okay.
[36:01.680 --> 36:07.680]  Yeah, I'm sure it carries a lot of weight, but to find a statute that goes to it directly, I'm going to go to Alexis and see what I can do.
[36:07.680 --> 36:14.680]  Well, I know at the least, I know at the least it's intellectual property of artwork.
[36:14.680 --> 36:23.680]  United States District Court, Elaine L. Chao, Secretary of Labor versus Transportation Workers Union, AFL-CIO.
[36:23.680 --> 36:41.680]  Civil Action Number 06-4211, in which it specifically states, let's see.
[36:41.680 --> 36:50.680]  A signature is private property to be given on a voluntary basis without threats, duress, or coercion.
[36:50.680 --> 36:52.680]  Bingo.
[36:52.680 --> 36:53.680]  Perfect.
[36:53.680 --> 36:56.680]  So I'm sure you guys can see where I'm going with this.
[36:56.680 --> 37:02.680]  Is it not fraud to use someone's private property or profit without their consent?
[37:02.680 --> 37:05.680]  And is that not what the banks do every day?
[37:05.680 --> 37:06.680]  Wait a minute.
[37:06.680 --> 37:07.680]  Orcish is what they do every day.
[37:07.680 --> 37:13.680]  How do we get to your signature being used by the bank for fraud?
[37:13.680 --> 37:18.680]  Debra got an in-depth conversation on that last night.
[37:18.680 --> 37:22.680]  When you walk into a bank, here's an example I like to use with people.
[37:22.680 --> 37:26.680]  Let's say you go in a bank and they've got a million dollars in the vault.
[37:26.680 --> 37:31.680]  And you borrow half a million dollars to buy a home.
[37:31.680 --> 37:41.680]  And when you sign the documents and they give you the loan and you leave the bank, how much is left in the bank?
[37:41.680 --> 37:43.680]  There was one million, they've got a half a million.
[37:43.680 --> 37:44.680]  Is this still a million?
[37:44.680 --> 37:45.680]  Oh, wait.
[37:45.680 --> 37:47.680]  This is still a million in the bank.
[37:47.680 --> 37:48.680]  Oh, wait.
[37:48.680 --> 37:52.680]  I missed that.
[37:52.680 --> 37:53.680]  He's right, Randy.
[37:53.680 --> 37:55.680]  There's now a million and a half in the bank.
[37:55.680 --> 37:57.680]  You create the money with your signature.
[37:57.680 --> 38:01.680]  And furthermore, you create ten times that amount due to fractional reserve.
[38:01.680 --> 38:03.680]  Fractional reserve, yeah.
[38:03.680 --> 38:04.680]  Nine times, actually.
[38:04.680 --> 38:08.680]  And they don't tell you that.
[38:08.680 --> 38:12.680]  Yeah, what they do is they take the note that you create.
[38:12.680 --> 38:15.680]  They are allowed to divide it up nine more times.
[38:15.680 --> 38:16.680]  Yeah.
[38:16.680 --> 38:22.680]  And each one of those is a slightly lesser amount for the purpose of lending and drawing interest.
[38:22.680 --> 38:31.680]  But the essential purpose is by the time they're done, they loaned you, say, $500,000, but they're drawing interest on $5 million.
[38:31.680 --> 38:34.680]  Yeah, but see, here's the fraud.
[38:34.680 --> 38:37.680]  They didn't loan you anything.
[38:37.680 --> 38:40.680]  Exactly.
[38:40.680 --> 38:44.680]  That money didn't exist until they monetized your signature.
[38:44.680 --> 38:52.680]  Wait, do we have case law establishing that that is fraud or is this just our conclusions?
[38:52.680 --> 38:57.680]  Well, who has the authority to make money, to print it into existence?
[38:57.680 --> 38:59.680]  The Federal Reserve.
[38:59.680 --> 39:00.680]  No.
[39:00.680 --> 39:03.680]  Oh, you mean you have the authority by the Constitution?
[39:03.680 --> 39:04.680]  Yeah, I'm sorry.
[39:04.680 --> 39:05.680]  Right.
[39:05.680 --> 39:07.680]  So where did the bank get the authority?
[39:07.680 --> 39:17.680]  We're still going by conclusion here, and this is always my concern is we can't get there on legal conclusion.
[39:17.680 --> 39:18.680]  Right.
[39:18.680 --> 39:26.680]  Has anyone addressed this issue and got a clear adjudication?
[39:26.680 --> 39:39.680]  I've read several where they've got a loan canceled based on that argument alone that the bank never gave value for the signature
[39:39.680 --> 39:51.680]  because your loan agreement says that they are loaning you something of substance with which to make your purchase, but you never receive anything of substance.
[39:51.680 --> 39:52.680]  You don't get banked.
[39:52.680 --> 39:59.680]  Isn't it fraud to loan a debt?
[39:59.680 --> 40:00.680]  Yes.
[40:00.680 --> 40:03.680]  Not if you're willing to assume the debt.
[40:03.680 --> 40:07.680]  If it's a voluntary assumption of the debt, it's not fraud.
[40:07.680 --> 40:16.680]  If they disclose to you that you're inheriting a debt with this exchange and you say, okay, that's not fraud.
[40:16.680 --> 40:18.680]  Right, but do they do that?
[40:18.680 --> 40:20.680]  No.
[40:20.680 --> 40:22.680]  That's where we go to the presumption thing.
[40:22.680 --> 40:23.680]  Right.
[40:23.680 --> 40:35.680]  As far as the presumption that's being made, who knows what's buried in the contract when you create a bank account with the bank?
[40:35.680 --> 40:40.680]  Oh, I can tell you the majority of what you have to worry about is not in your loan contract.
[40:40.680 --> 40:49.680]  It's on the back of your signature card, the part you're never allowed to make a copy of and take with you.
[40:49.680 --> 40:58.680]  The back of that signature card contains a whole lot of information that does not give you full disclosure.
[40:58.680 --> 41:04.680]  In fact, it covers up a lot of stuff by nondisclosure.
[41:04.680 --> 41:15.680]  And in that case, it is fraud because you are never given the full terms of the contract you are signing.
[41:15.680 --> 41:25.680]  You are not given the opportunity to review the information that is contained on the back of that signature card before you sign it.
[41:25.680 --> 41:26.680]  Right.
[41:26.680 --> 41:34.680]  You know, these days I think a lot of banks, if you go in and ask for, you know, to open an account, they don't even have anything on paper.
[41:34.680 --> 41:36.680]  They put all your info in the computer.
[41:36.680 --> 41:40.680]  They give you one little something to sign, and there's no contract for you to even look at.
[41:40.680 --> 41:42.680]  That's the signature card.
[41:42.680 --> 41:45.680]  That's the piece of paper you got to worry about.
[41:45.680 --> 41:53.680]  That piece of paper is what's granting them the authority to use your signature like they are.
[41:53.680 --> 41:58.680]  So you're saying by granting that authority, you participate in the fraud.
[41:58.680 --> 41:59.680]  Correct.
[41:59.680 --> 42:05.680]  Well, also by signing that signature card, you're authorizing them to use your signature,
[42:05.680 --> 42:13.680]  so you can't really go back after them for using it without your consent because you did consent.
[42:13.680 --> 42:16.680]  But you were not given full disclosure, Deborah.
[42:16.680 --> 42:17.680]  That's the key to that.
[42:17.680 --> 42:18.680]  That's the argument.
[42:18.680 --> 42:19.680]  Right.
[42:19.680 --> 42:23.680]  You're not given full disclosure, but you can't say that you didn't give your consent.
[42:23.680 --> 42:26.680]  It's just that you weren't given full disclosure.
[42:26.680 --> 42:28.680]  So it's null.
[42:28.680 --> 42:29.680]  The contract is null.
[42:29.680 --> 42:33.680]  I mean, when you consider that from that aspect, though, keep this in mind.
[42:33.680 --> 42:39.680]  If you're told that you're getting that $50,000 under these terms and conditions,
[42:39.680 --> 42:46.680]  and they list you three, and then say, number three is you've got to sign this card,
[42:46.680 --> 42:52.680]  well, that card contains a whole other set of undisclosed conditions you have not been told about.
[42:52.680 --> 42:53.680]  Okay.
[42:53.680 --> 42:54.680]  How do we know that?
[42:54.680 --> 42:56.680]  Where are those conditions?
[42:56.680 --> 43:01.680]  Because the back of the card says this card falls under these sections of federal statute
[43:01.680 --> 43:07.680]  and these sections govern the use of this card and the information contained on this card and blah, blah, blah.
[43:07.680 --> 43:13.680]  You're never given those statutes to verify or to see what you're agreeing to.
[43:13.680 --> 43:20.680]  But they are included as terms on that piece of paper of contract that you're signing.
[43:20.680 --> 43:25.680]  So they give you the option or their argument, I suppose, would be that they give you the option of,
[43:25.680 --> 43:28.680]  before you sign the card, go look at the statute.
[43:28.680 --> 43:30.680]  Go look and see what you're signing.
[43:30.680 --> 43:37.680]  No, they don't because you're not allowed to take any information from that card to go do anything with it.
[43:37.680 --> 43:40.680]  They'll have an absolute cow and have a bank guard jump on you.
[43:40.680 --> 43:41.680]  I know.
[43:41.680 --> 43:42.680]  I've tried this.
[43:42.680 --> 43:45.680]  You're not walking out of the bank for that paperwork.
[43:45.680 --> 43:54.680]  Well, Eddie, couldn't you just look at the signature card and memorize what's on it and say, I've got to go now.
[43:54.680 --> 43:56.680]  I have an emergency.
[43:56.680 --> 44:00.680]  My cat, you know what I'm saying?
[44:00.680 --> 44:03.680]  And then leave and go look it up?
[44:03.680 --> 44:04.680]  Sure.
[44:04.680 --> 44:07.680]  If you've got the capability of doing that.
[44:07.680 --> 44:10.680]  I mean, how much information is on the back of that signature card?
[44:10.680 --> 44:17.680]  That signature card used to be the size of a five by seven index card when they first started doing this.
[44:17.680 --> 44:21.680]  And I mean, you're talking some very fine print.
[44:21.680 --> 44:32.680]  You were talking if you printed on a standard size sheet of paper at a 10 case font would still cover a page and a half of an eight by 10 piece of paper if it was brought up to a readable size.
[44:32.680 --> 44:35.680]  And they will not let you make a copy of it?
[44:35.680 --> 44:36.680]  No, they won't.
[44:36.680 --> 44:40.680]  I wonder what would happen if you whipped out your cell phone and took a picture of it.
[44:40.680 --> 44:43.680]  Yeah, I don't think you'd have enough resolution to.
[44:43.680 --> 44:45.680]  Yeah, you won't.
[44:45.680 --> 44:49.680]  And I've even gone so far when I was working in Wichita, Kansas.
[44:49.680 --> 44:51.680]  I opened a bank account.
[44:51.680 --> 44:58.680]  And when I filled out the card, I had a very inexperienced bank clerk working that day.
[44:58.680 --> 45:05.680]  On the bottom of my signature card, I put all rights reserved, UCC 1-207.
[45:05.680 --> 45:14.680]  The very next day, I got a call from the account manager saying that I had to come in and do a new signature card.
[45:14.680 --> 45:16.680]  And I said, why?
[45:16.680 --> 45:19.680]  She's saying because you can't sign a card this way.
[45:19.680 --> 45:20.680]  She's going, no, wait a minute.
[45:20.680 --> 45:25.680]  How are you dictating to me what the contents of my signature can be?
[45:25.680 --> 45:27.680]  She's going, well, you can't sign a card like this.
[45:27.680 --> 45:29.680]  I said, I'll tell you what.
[45:29.680 --> 45:30.680]  The card is in your possession.
[45:30.680 --> 45:32.680]  The account is open.
[45:32.680 --> 45:34.680]  The account contains funds.
[45:34.680 --> 45:36.680]  So here's what we're going to do.
[45:36.680 --> 45:38.680]  I am not going to alter my signature.
[45:38.680 --> 45:44.680]  You are not going to dispense my funds from this account without my consent.
[45:44.680 --> 45:49.680]  And you will accept my signature as I have stated on this card.
[45:49.680 --> 45:54.680]  That's the only time I have ever managed to get them to back off and accept it that way.
[45:54.680 --> 45:59.680]  Every other bank will flat turn right around, march over, cut a check for the imbalance in your account,
[45:59.680 --> 46:02.680]  and hand it to you and say, we're done.
[46:02.680 --> 46:11.680]  They'll close the account for you because that UCC takes away everything on the back of that signature card.
[46:11.680 --> 46:17.680]  That was when I got final confirmation of the fact that there's more on that card than they want you to know about,
[46:17.680 --> 46:20.680]  and you're giving up certain things that you're not being told about.
[46:20.680 --> 46:28.680]  Because when you turn around and say under 1-207 that I reserve all of my rights in commerce and I don't waive any of them,
[46:28.680 --> 46:34.680]  suddenly they've got a big problem with that.
[46:34.680 --> 46:41.680]  Eddie, is one of the things on the back of that card, are you agreeing to abide by,
[46:41.680 --> 46:50.680]  I believe it's Title 12 USC Section 7203, which says that you will pay income tax?
[46:50.680 --> 46:51.680]  You know anything about that?
[46:51.680 --> 46:53.680]  Well, I've never seen that.
[46:53.680 --> 47:02.680]  The last card I looked at, this is the reason why I know what they're doing is happening and why it's not disclosed.
[47:02.680 --> 47:04.680]  This is what it said on this last card I saw.
[47:04.680 --> 47:16.680]  It said, you agree to be subject to any and all other terms and conditions as prescribed by this financial institution
[47:16.680 --> 47:20.680]  or the federal government regulations.
[47:20.680 --> 47:24.680]  Now, that can be any damn thing in the world they want.
[47:24.680 --> 47:32.680]  Okay, case in point, just briefly, this is why our ban does not work with booking agents.
[47:32.680 --> 47:39.680]  Because what they're doing now, what booking agents are doing now is that you have to sign a contract with the booking agent,
[47:39.680 --> 47:46.680]  but you don't get to be part of the contract with the purchaser, the person who's actually hiring the ban through the booking agent.
[47:46.680 --> 47:47.680]  All right?
[47:47.680 --> 47:53.680]  And on the contract that they want you to sign with the booking agent, that they want the ban to sign with the booking agent,
[47:53.680 --> 48:03.680]  it says that you agree that this is a subcontract of the contract that the booking agent has with the purchaser,
[48:03.680 --> 48:11.680]  but you never get to see that, and you sign that you agree to all the terms of that parent contract,
[48:11.680 --> 48:15.680]  and that's why Jerry and I are like, uh-uh.
[48:15.680 --> 48:20.680]  Every time booking agent calls us, we're like, we're going to be part of the parent contract,
[48:20.680 --> 48:25.680]  and the purchaser is going to sign directly responsible to us, not just you,
[48:25.680 --> 48:30.680]  and so that's why we just can't work with booking agents because they just try to rip you off.
[48:30.680 --> 48:35.680]  Same exact thing.
[48:35.680 --> 48:44.680]  So I guess with that particular statement on the back of the signature card, the answer to your question would be, yeah.
[48:44.680 --> 48:47.680]  Oh, yeah, regarding that piece of code.
[48:47.680 --> 48:50.680]  The income tax, yeah.
[48:50.680 --> 48:57.680]  Because with that agreement verbiage, you're agreeing to anything they want to hit you with in the federal laws,
[48:57.680 --> 49:08.680]  and you're stuck with it unless you claim non-disclosure, but you still got to fight it.
[49:08.680 --> 49:10.680]  And how would you do that, Eddie?
[49:10.680 --> 49:18.680]  Well, same thing as any contract, like Randy would say, you got to go after them for a fraudulent contract, breach of contract.
[49:18.680 --> 49:26.680]  Fraud and non-disclosure, that's cause of action, but it's also a crime.
[49:26.680 --> 49:31.680]  And so you could go after them criminally, and that's what I like to do.
[49:31.680 --> 49:33.680]  Right, but you know what I've never seen?
[49:33.680 --> 49:41.680]  I have seen civil cases won on that grounds, but I have yet to ever see a single prosecutorial case on the subject.
[49:41.680 --> 49:48.680]  Well, now with the change in the statute, it's actually possible something like that could happen.
[49:48.680 --> 49:56.680]  Well, yeah, Randy, but I mean it's possible now to prosecute somebody for an act of fraud, but you still don't see it going on.
[49:56.680 --> 49:59.680]  Why do you say that, Randy?
[49:59.680 --> 50:07.680]  Well, this statute we were just talking about, what's the title of it?
[50:07.680 --> 50:12.680]  I'll get here in a second.
[50:12.680 --> 50:27.680]  The Fraud Enforcement Recovery Act 2009, they just funded the feds to go after essentially banking fraud, financial industry fraud.
[50:27.680 --> 50:35.680]  The implied intent of it is to go after the financial oligarchs that created this mess.
[50:35.680 --> 50:39.680]  I suspect they'll use it to beat us up with us when they get to us.
[50:39.680 --> 50:46.680]  But in any case, they have funded the feds to go after fraud,
[50:46.680 --> 50:53.680]  so it's much more likely that we can get a U.S. attorney off his duff and agree to take a case,
[50:53.680 --> 51:01.680]  because if the Congress went to the trouble of specifically funding this issue, he can hardly ignore it.
[51:01.680 --> 51:02.680]  Yeah.
[51:02.680 --> 51:03.680]  No.
[51:03.680 --> 51:04.680]  Eddie.
[51:04.680 --> 51:05.680]  Beat him up.
[51:05.680 --> 51:06.680]  Go ahead.
[51:06.680 --> 51:20.680]  We can beat him up, and I have a plan for how to go after U.S. attorneys in a way to bring heat on federal judges,
[51:20.680 --> 51:25.680]  get them upset at the U.S. attorneys for not doing their jobs.
[51:25.680 --> 51:31.680]  And if we have a special funding in place, then we have more leverage to get them to do that.
[51:31.680 --> 51:41.680]  Now, I accept that most every statute of this nature will ultimately come back against us,
[51:41.680 --> 51:53.680]  because the government and actors within the government will use every clause and nuance in it that they can to come after us.
[51:53.680 --> 52:02.680]  We just have to do the same thing, go back after them with every minor clause and nuance we can find.
[52:02.680 --> 52:11.680]  We give them enough aggravation, they will actually do a little something.
[52:11.680 --> 52:17.680]  The indication is that this is a time of rather serious change.
[52:17.680 --> 52:19.680]  It would appear so.
[52:19.680 --> 52:24.680]  We need to get in there and help orchestrate that change.
[52:24.680 --> 52:28.680]  I see this as an opportunity.
[52:28.680 --> 52:32.680]  Vince, you had a question for Eddie? You're about to ask Eddie something?
[52:32.680 --> 52:39.680]  Oh, yeah, he mentioned, did you mean to say that you've never seen a case one or a case tried?
[52:39.680 --> 52:50.680]  I've never even seen a case tried as far as going after the financial institution for that fraud on the back of that car.
[52:50.680 --> 52:51.680]  For a criminal fraud.
[52:51.680 --> 52:54.680]  I've seen civil cases, yeah, but nothing criminal.
[52:54.680 --> 52:59.680]  I've seen civil cases over it, but I've never seen a criminal one on it.
[52:59.680 --> 53:01.680]  That doesn't mean they don't exist.
[53:01.680 --> 53:05.680]  I've just never happened to cross one in all the looking I've done.
[53:05.680 --> 53:08.680]  So either no one's tried it or it's been brushed under the rug?
[53:08.680 --> 53:10.680]  Correct.
[53:10.680 --> 53:18.680]  I mean, if you really consider what, and I know you guys out there aren't privy to this conversation, Debra and I have,
[53:18.680 --> 53:27.680]  we went into real in-depth discussion over the funny money system after talking for a little while last night.
[53:27.680 --> 53:38.680]  And when you really consider how the system is set up to work, the federal government till now has never been able to really get rid of a bank
[53:38.680 --> 53:44.680]  because of the important function that bank has to serve as far as the funny money is concerned.
[53:44.680 --> 53:48.680]  It's not a drain for this stuff to trickle out of the system.
[53:48.680 --> 53:50.680]  The system gets overloaded.
[53:50.680 --> 53:52.680]  And that's where we're at now.
[53:52.680 --> 53:57.680]  They're making more and more of it with less and less behind it, which, of course, that's been going on for a while.
[53:57.680 --> 54:05.680]  But now the system is so overly saturated with it, it's monopoly money.
[54:05.680 --> 54:23.680]  And it looks like the Obama administration is trying to take this funny money that was signed into existence and sign it back out of existence, make it disappear.
[54:23.680 --> 54:31.680]  If this works the way it's supposed to, presumably they wouldn't be able to create it in the first place.
[54:31.680 --> 54:43.680]  But how much you want to bet, that doesn't change because fractional reserve banking entirely depends upon that functionality to even work.
[54:43.680 --> 54:53.680]  If you can't do that with the loan and creation out of thin air, then nobody gets loans because by law the bank cannot loan its assets.
[54:53.680 --> 55:02.680]  Maybe Dr. Veith can call in and give some insight into this situation. We've had him on several times talking about fiat currency system.
[55:02.680 --> 55:11.680]  And basically when it gets to the point that a fiat currency starts to crash because they all will, one of two things happens.
[55:11.680 --> 55:33.680]  You either get to break down the division of labor and the currency crashes and then it returns to a commodity-based system by hook or by crook the hard way, or basically what happens is that the government will impose a new fiat currency to save the day, so to speak.
[55:33.680 --> 55:36.680]  I wonder what they will decide to do.
[55:36.680 --> 55:41.680]  Yeah, can you guess?
[55:41.680 --> 55:47.680]  Bite the bullet or create another sham over the top of the sham?
[55:47.680 --> 55:58.680]  They're not going to let the economy and division of labor crumble because they need us to be their little slaves.
[55:58.680 --> 56:04.680]  They're just going to swoop in with another fiat currency.
[56:04.680 --> 56:06.680]  If the people let them.
[56:06.680 --> 56:10.680]  If the people let them, that is. That's true.
[56:10.680 --> 56:21.680]  Hey, Eddie, when you were talking about bleeding the system off, I heard you mention 1099-OID right when I came on, but I didn't get the whole gist of it.
[56:21.680 --> 56:25.680]  That was actually Randy talking about how he shudders whenever he hears somebody talk about it.
[56:25.680 --> 56:41.680]  No, it wasn't that. When I read this Act in Section 4, Clarification of the False Claims Act to Reflect the Original Intent of the Law,
[56:41.680 --> 56:54.680]  when they're talking about if a person knowingly presents or causes to be prevented a fraudulent claim for payment or approval, I thought 1099-OID.
[56:54.680 --> 56:59.680]  All these people who are demanding it.
[56:59.680 --> 57:03.680]  They're saying, I think, yeah, this is right. This is right. This is how it's supposed to be.
[57:03.680 --> 57:06.680]  I'm saying, wait a minute, wait a minute, wait a minute. Give me law.
[57:06.680 --> 57:12.680]  I said, no, we don't. They're saying, well, we don't have it directly. We have to imply it.
[57:12.680 --> 57:18.680]  And while I understand that, like with what I was talking about with the signature,
[57:18.680 --> 57:24.680]  they don't necessarily always address something that specific, but in this case, they did.
[57:24.680 --> 57:29.680]  But you have to consider it as a group that falls under a category.
[57:29.680 --> 57:38.680]  And that looks like what they're doing when they're going to OIDs and how they're saying that this works, because it's certainly not intuitive.
[57:38.680 --> 57:44.680]  So in trying to figure out how this works, they seem to be jumping to a lot of legal conclusions.
[57:44.680 --> 57:51.680]  So there's a lot of stuff out there like that where people aren't making the connections.
[57:51.680 --> 57:58.680]  But I want to bring, it's not just any kind of 1099-OID. I mean, there's all kinds of stuff like that.
[57:58.680 --> 58:00.680]  What I'm afraid of.
[58:00.680 --> 58:03.680]  We have Dr. Bill Veith on the line, too.
[58:03.680 --> 58:08.680]  Okay. What I'm afraid of, and Dr. Veith to address this.
[58:08.680 --> 58:10.680]  All right. Thank you, Vince.
[58:10.680 --> 58:18.680]  What I'm afraid of is that the feds will use this to claim that that filing is fraudulent.
[58:18.680 --> 58:28.680]  Well, what I'm afraid of is that they're going to claim everything we do is fraudulent, even writing a check or using our bank account.
[58:28.680 --> 58:36.680]  I agree. With this, they can essentially claim, they can just claim something is fraudulent.
[58:36.680 --> 58:39.680]  Okay, listen. Yeah, we're going to break.
[58:39.680 --> 58:41.680]  They could claim anything and everything we do.
[58:41.680 --> 58:45.680]  If we participate in the banking system at all, that we're committing fraud also.
[58:45.680 --> 58:48.680]  It's not just OID. I mean, anything.
[58:48.680 --> 58:51.680]  Just even using our bank account, they could claim it's fraud.
[58:51.680 --> 59:10.680]  Okay, we're going to we're going to go to break and we're going to bring Dr. Bill Veith on.
[59:10.680 --> 59:25.680]  Okay.
[59:25.680 --> 59:40.680]  Okay.
[59:40.680 --> 01:00:08.680]  You are listening to the Rule of Law Radio Network at ruleoflawradio.com, live free speech talk radio at its best.
[01:00:08.680 --> 01:00:20.680]  Yes, Mr. Officer, you're taking the law in your hand.
[01:00:20.680 --> 01:00:24.680]  I want you to follow the law of the land.
[01:00:24.680 --> 01:00:27.680]  But I don't understand.
[01:00:27.680 --> 01:00:30.680]  Your job is to protect our servers.
[01:00:30.680 --> 01:00:33.680]  Not the big Arabs.
[01:00:33.680 --> 01:00:57.680]  When you're going to stop abuse your power, when you're going to stop abuse your power.
[01:00:57.680 --> 01:01:07.680]  Okay, we are back.
[01:01:07.680 --> 01:01:15.680]  The rule of law, Randy Kelton and Deborah Stevens talking about fiat currencies, bank fraud and this bill.
[01:01:15.680 --> 01:01:24.680]  This law that's been passed to fund the FBI and apparently the Department of Justice to go after banking fraud and how it looks like.
[01:01:24.680 --> 01:01:35.680]  If you read down in the bill, if you participate in the banking system at all, you're guilty of fraud too, knowingly or unknowingly, whether you know it's a fraud or not.
[01:01:35.680 --> 01:01:46.680]  And basically, Eddie was saying that the administration, the government could use that to go after anyone if they happen to not like what you say.
[01:01:46.680 --> 01:01:54.680]  And we were also talking about the downfall of fiat currencies because they will go down. All fiat currencies will fail.
[01:01:54.680 --> 01:01:56.680]  It's only a matter of time.
[01:01:56.680 --> 01:01:58.680]  And what happens when they fail?
[01:01:58.680 --> 01:02:08.680]  Either you get the division of labor that's broken down and the ensuing chaos or the government swoops in with another fiat currency.
[01:02:08.680 --> 01:02:14.680]  And so we've got Dr. Bill Veith on the line who's studied fiat currencies extensively.
[01:02:14.680 --> 01:02:16.680]  Bill, thank you for calling in.
[01:02:16.680 --> 01:02:21.680]  And could you shed some light on the downfall of fiat currencies and where you see all this is headed?
[01:02:21.680 --> 01:02:22.680]  Okay.
[01:02:22.680 --> 01:02:24.680]  Well, actually you've stated it very well.
[01:02:24.680 --> 01:02:26.680]  I don't disagree with anything you said.
[01:02:26.680 --> 01:02:29.680]  I could just maybe expound on it a little bit.
[01:02:29.680 --> 01:02:36.680]  Yeah, you know, throughout history, there have been over 8,000 documented paper currencies.
[01:02:36.680 --> 01:02:38.680]  And every one of them has failed.
[01:02:38.680 --> 01:02:40.680]  There's not one exception.
[01:02:40.680 --> 01:02:45.680]  And a lot of those paper currencies were even backed at times by something of tangible value.
[01:02:45.680 --> 01:02:51.680]  So the paper currencies that are in existence today are backed by nothing except, you know,
[01:02:51.680 --> 01:02:54.680]  what the governments call the full faith and credit of the citizens.
[01:02:54.680 --> 01:02:57.680]  In other words, they're backed by their ability to tax us.
[01:02:57.680 --> 01:03:03.680]  But as we know, paper currencies are emitted into circulation through borrowing and debt.
[01:03:03.680 --> 01:03:10.680]  And so what's borrowed is the principal amount, but not the interest, but we owe the principal and the interest back.
[01:03:10.680 --> 01:03:16.680]  So eventually we get such a high interest payment on the debt we can no longer service it.
[01:03:16.680 --> 01:03:21.680]  And that's about the time that the paper currencies collapse of their own weight.
[01:03:21.680 --> 01:03:27.680]  So it gets to the point where the powers that be that issue the currency,
[01:03:27.680 --> 01:03:33.680]  they know when the end game is near that there's only two things that they can do.
[01:03:33.680 --> 01:03:42.680]  They can either allow deflation to occur, which is, you know, when people are basically cashing in all their claims on money,
[01:03:42.680 --> 01:03:47.680]  their paper claims, and trying to get cash to pay their bills, which is deflationary,
[01:03:47.680 --> 01:03:50.680]  which will crash the economy very quickly.
[01:03:50.680 --> 01:03:57.680]  And the only other thing they can do to combat that deflation is to start printing money again out of thin air.
[01:03:57.680 --> 01:04:05.680]  And, you know, for many, many years, the government didn't, the Federal Reserve didn't really have to print new money out of thin air
[01:04:05.680 --> 01:04:11.680]  because we could always find somebody to borrow from or fund our debt.
[01:04:11.680 --> 01:04:17.680]  Our Treasury Department could sell key bills and bonds to China, and China would use existing dollars.
[01:04:17.680 --> 01:04:22.680]  You know, they would sell their goods and services to America, and then we'd pay them in dollars.
[01:04:22.680 --> 01:04:27.680]  Then they'd take those dollars, and they would buy key bills and bonds and fund our debt.
[01:04:27.680 --> 01:04:34.680]  Or Japan or even private citizens, if they wanted to get 5 percent on their money, they could buy key bills from the government.
[01:04:34.680 --> 01:04:41.680]  Well, that's not really inflationary because people are using existing dollars to lend to government.
[01:04:41.680 --> 01:04:51.680]  But now what's happening with the breakdown is China, Japan, and private citizens are no longer willing to lend our government money
[01:04:51.680 --> 01:04:58.680]  because it makes no sense to buy a Treasury bill and collect 3 or 4 percent interest a year when inflation,
[01:04:58.680 --> 01:05:02.680]  the dollar is being devalued by more than that 3 or 4 percent a year.
[01:05:02.680 --> 01:05:05.680]  So you'd be losing money to buy a key bill.
[01:05:05.680 --> 01:05:09.680]  So other governments and people are no longer funding our debt.
[01:05:09.680 --> 01:05:17.680]  Well, now what's happening is the Federal Reserve is having to buy the debt and lend the money to the government.
[01:05:17.680 --> 01:05:20.680]  And to do that, they're having to print it out of thin air.
[01:05:20.680 --> 01:05:24.680]  So now we really are getting into an inflationary situation,
[01:05:24.680 --> 01:05:29.680]  which again is the beginning of the end game for the fiat currency or the paper currency.
[01:05:29.680 --> 01:05:37.680]  But the thing is the effects of monetary inflation aren't felt for about 12 to 18 months afterwards.
[01:05:37.680 --> 01:05:42.680]  So we're going to have to wait about a year before we start getting price inflation,
[01:05:42.680 --> 01:05:45.680]  which is the effect of monetary inflation.
[01:05:45.680 --> 01:05:49.680]  And then what starts to happen is that's when you really start getting the breakdown in society
[01:05:49.680 --> 01:05:53.680]  because over the next year there's going to be more jobs lost.
[01:05:53.680 --> 01:06:00.680]  I was listening to Bob Chapman today and he said right now the real unemployment rate is about 19 percent.
[01:06:00.680 --> 01:06:02.680]  He said by the end of this year it will be 22 percent.
[01:06:02.680 --> 01:06:08.680]  And given another year or two it will get over 30 percent and that's when things are going to go haywire.
[01:06:08.680 --> 01:06:13.680]  And so the government is going to have to keep inflating, inflating, inflating the money supply,
[01:06:13.680 --> 01:06:17.680]  which is good for people that have access to those dollars.
[01:06:17.680 --> 01:06:21.680]  If you're a debtor, you can pay off your debts in cheaper dollars.
[01:06:21.680 --> 01:06:24.680]  So this type of hyperinflation is bad for the creditor.
[01:06:24.680 --> 01:06:30.680]  But what happens is because so many jobs are lost and there are so many businesses that go under,
[01:06:30.680 --> 01:06:38.680]  you get this huge number of people in the population that have no access to those dollars to even pay off their debts.
[01:06:38.680 --> 01:06:41.680]  So you get more and more defaulting on debts.
[01:06:41.680 --> 01:06:44.680]  And now you have other countries that don't want our dollar anymore.
[01:06:44.680 --> 01:06:50.680]  And so probably within a year or two or three the dollar will no longer be the world's reserve currency.
[01:06:50.680 --> 01:06:52.680]  They're going to go to another type of currency.
[01:06:52.680 --> 01:06:56.680]  And then you get in this country what you mentioned was the breakdown of the division of labor.
[01:06:56.680 --> 01:07:04.680]  You know, when everybody's got a job and standard of living is high, people pretty much do just they do their job.
[01:07:04.680 --> 01:07:08.680]  And then if they want something else done for them, like their lawn mowed, they pay for it.
[01:07:08.680 --> 01:07:10.680]  If they want their car washed, they pay for it.
[01:07:10.680 --> 01:07:13.680]  If they want their washing machine fixed, they pay somebody to do it.
[01:07:13.680 --> 01:07:15.680]  So you get this division of labor.
[01:07:15.680 --> 01:07:21.680]  Well, when people don't have the same cash flow or the same standard of living, they can't pay to have these things done.
[01:07:21.680 --> 01:07:27.680]  So they start fixing their own cars, mowing their own lawn and doing everything themselves.
[01:07:27.680 --> 01:07:29.680]  And then more and more jobs are lost.
[01:07:29.680 --> 01:07:32.680]  And it's like a self, you know, it's like a vortex.
[01:07:32.680 --> 01:07:34.680]  It just keeps going down, down, down.
[01:07:34.680 --> 01:07:35.680]  And there's no way out.
[01:07:35.680 --> 01:07:39.680]  That's the end game of a paper currency system.
[01:07:39.680 --> 01:07:44.680]  So that's kind of a more detailed explanation of the same things you highlighted, Debbie.
[01:07:44.680 --> 01:07:45.680]  Right.
[01:07:45.680 --> 01:07:54.680]  And, Bill, so it's either that or they swoop in with another fiat currency to save the day or both?
[01:07:54.680 --> 01:07:55.680]  Well, okay.
[01:07:55.680 --> 01:08:02.680]  Now, that's what they've done in other countries where they come in and they either just knock zeros off, you know,
[01:08:02.680 --> 01:08:09.680]  digits of zeros off the same currency and devalue it where it takes a lot more of those little pieces of paper
[01:08:09.680 --> 01:08:11.680]  to buy the same goods and services.
[01:08:11.680 --> 01:08:17.680]  Or, you know, there's been talk in the past about them introducing a regional currency called the Amero,
[01:08:17.680 --> 01:08:21.680]  which would be used by Canada, the United States, and Mexico,
[01:08:21.680 --> 01:08:25.680]  and maybe even they could impose it on some Central American countries.
[01:08:25.680 --> 01:08:29.680]  And eventually they'd like to get the whole Western Hemisphere using the Amero.
[01:08:29.680 --> 01:08:34.680]  But, you know, they may just skip that process because the euro isn't working out so well.
[01:08:34.680 --> 01:08:35.680]  That's a regional currency.
[01:08:35.680 --> 01:08:38.680]  And that's declining pretty rapidly itself.
[01:08:38.680 --> 01:08:41.680]  That's not really any better off right now than the dollar is.
[01:08:41.680 --> 01:08:46.680]  So they might just skip that and try to impose a world currency.
[01:08:46.680 --> 01:08:55.680]  Now, if they want to impose a global currency, the ultimate goal for them is to have a one-world government
[01:08:55.680 --> 01:08:56.680]  with a one-world currency.
[01:08:56.680 --> 01:09:00.680]  And they want that currency to be in digit form only.
[01:09:00.680 --> 01:09:03.680]  No tangible paper would be passed around.
[01:09:03.680 --> 01:09:09.680]  That way everybody's digits of their money or digits are in their account.
[01:09:09.680 --> 01:09:15.680]  And if you want to buy anything, it goes, the digits go from your account to the person's account
[01:09:15.680 --> 01:09:17.680]  that you're buying something from.
[01:09:17.680 --> 01:09:20.680]  So there's no way to have an underground economy with money.
[01:09:20.680 --> 01:09:22.680]  I mean, you can always barter.
[01:09:22.680 --> 01:09:27.680]  But if you have to use the money, this digit form of money that you're going to have to pay your taxes in,
[01:09:27.680 --> 01:09:31.680]  that everybody's going to have to compete for, it's all going to be in somebody's account.
[01:09:31.680 --> 01:09:33.680]  And then they'll have total control over it.
[01:09:33.680 --> 01:09:37.680]  I mean, we'll be total slaves because if it's digits in an account
[01:09:37.680 --> 01:09:40.680]  and the government orders you to do something and you don't do it,
[01:09:40.680 --> 01:09:46.680]  then when you go to buy gas or groceries, you're not going to be authorized to get those digits out of your account.
[01:09:46.680 --> 01:09:49.680]  And they'll either freeze them or they'll confiscate them.
[01:09:49.680 --> 01:09:52.680]  I mean, they can confiscate digits very easily.
[01:09:52.680 --> 01:09:56.680]  So I don't know if they'll accomplish that goal, but that's their ultimate goal.
[01:09:56.680 --> 01:10:01.680]  That's what they want to accomplish unless the people get together and stop it.
[01:10:01.680 --> 01:10:05.680]  Well, I couldn't agree with you more.
[01:10:05.680 --> 01:10:10.680]  And so that remains to be seen if the people get together and stop it.
[01:10:10.680 --> 01:10:17.680]  But the problem is before people get active, they have to really suffer first.
[01:10:17.680 --> 01:10:20.680]  You know, it's a shame they can't see what's coming and head it off.
[01:10:20.680 --> 01:10:28.680]  But what I see happening is I see over the next three years a huge breakdown in the standard of living of this country
[01:10:28.680 --> 01:10:32.680]  with most of the middle class dropping into the lower class,
[01:10:32.680 --> 01:10:37.680]  a huge loss of numbers of people in the middle class,
[01:10:37.680 --> 01:10:41.680]  which is what, you know, happens in third world countries and banana republics.
[01:10:41.680 --> 01:10:42.680]  They have an elite ruling class.
[01:10:42.680 --> 01:10:45.680]  And then they have the little worker bees that are in the lower class,
[01:10:45.680 --> 01:10:47.680]  and they don't really have a middle class.
[01:10:47.680 --> 01:10:50.680]  And that's what will happen in this country.
[01:10:50.680 --> 01:10:54.680]  And it's a shame that a lot of people are going to lose their jobs
[01:10:54.680 --> 01:10:58.680]  and maybe, you know, be hungry and maybe not even be able to feed their kids.
[01:10:58.680 --> 01:11:01.680]  And the standard of living is going to drop so low
[01:11:01.680 --> 01:11:05.680]  before most people are going to get their heads out of the sand and realize what's happening.
[01:11:05.680 --> 01:11:07.680]  And by then it's kind of late.
[01:11:07.680 --> 01:11:10.680]  You know, if six or seven or eight years ago,
[01:11:10.680 --> 01:11:14.680]  people would have seen what was coming and started buying the gold and silver that they could use
[01:11:14.680 --> 01:11:19.680]  when, you know, the price might have gone up, but they would have gold and silver.
[01:11:19.680 --> 01:11:22.680]  So when the currency collapses, they'd have a medium of exchange
[01:11:22.680 --> 01:11:24.680]  that they could buy their goods and services.
[01:11:24.680 --> 01:11:26.680]  But most people don't do that.
[01:11:26.680 --> 01:11:28.680]  They have all their assets in paper assets,
[01:11:28.680 --> 01:11:31.680]  and those paper assets are priced in dollars.
[01:11:31.680 --> 01:11:34.680]  And when the dollar collapses, all those paper assets are going to collapse.
[01:11:34.680 --> 01:11:37.680]  They're going to be worthless too.
[01:11:37.680 --> 01:11:38.680]  Monopoly money.
[01:11:38.680 --> 01:11:39.680]  Exactly.
[01:11:39.680 --> 01:11:40.680]  That's exactly what it is.
[01:11:40.680 --> 01:11:45.680]  Except there's one entity that can come up with more of it out of thin air,
[01:11:45.680 --> 01:11:48.680]  where we're constrained by the rules of the monopoly game,
[01:11:48.680 --> 01:11:52.680]  where we only get so much money, and as we lose it, we don't get any more,
[01:11:52.680 --> 01:11:56.680]  where the Federal Reserve people, they can print it out of thin air
[01:11:56.680 --> 01:12:03.680]  and use it all they want to do whatever evil deeds they do all over the world.
[01:12:03.680 --> 01:12:04.680]  Right.
[01:12:04.680 --> 01:12:10.680]  Now, speaking of monopoly money, Bill, I had a couple of questions for you
[01:12:10.680 --> 01:12:11.680]  since you're on the line.
[01:12:11.680 --> 01:12:15.680]  Can you please explain what a note is,
[01:12:15.680 --> 01:12:20.680]  what the requirements are for an instrument to be a note,
[01:12:20.680 --> 01:12:26.680]  and why a Federal Reserve note is not really a note?
[01:12:26.680 --> 01:12:27.680]  Okay.
[01:12:27.680 --> 01:12:30.680]  Well, a note, you know, the definition of a note,
[01:12:30.680 --> 01:12:34.680]  it says that it has four criteria.
[01:12:34.680 --> 01:12:40.680]  The note has to state who is the payer, who is the payee,
[01:12:40.680 --> 01:12:44.680]  the amount, and the expiration date.
[01:12:44.680 --> 01:12:45.680]  Okay.
[01:12:45.680 --> 01:12:52.680]  Now, our Federal Reserve notes from 1913 until 1933 were real notes.
[01:12:52.680 --> 01:12:57.680]  They said the United States, they were the payer, would pay to the bearer,
[01:12:57.680 --> 01:13:00.680]  the bearer of the note on demand.
[01:13:00.680 --> 01:13:03.680]  So if I have the note and I take it down to a Federal Reserve bank,
[01:13:03.680 --> 01:13:07.680]  I'm bearing the note, and on demand, they take that note,
[01:13:07.680 --> 01:13:10.680]  which is just a claim check, and they take the note
[01:13:10.680 --> 01:13:13.680]  and they give me the real money, the silver dollar.
[01:13:13.680 --> 01:13:14.680]  Okay.
[01:13:14.680 --> 01:13:16.680]  So, and it says on demand.
[01:13:16.680 --> 01:13:17.680]  Well, that's the expiration date.
[01:13:17.680 --> 01:13:20.680]  It's whenever I demand it, I get it,
[01:13:20.680 --> 01:13:24.680]  where like a mortgage note might say the note expires in 30 years,
[01:13:24.680 --> 01:13:27.680]  and it'll say the payer, the payee, the amount of the note,
[01:13:27.680 --> 01:13:30.680]  the interest on the note, and when it expires.
[01:13:30.680 --> 01:13:33.680]  Well, our Federal Reserve notes used to be real notes.
[01:13:33.680 --> 01:13:35.680]  Now, they don't say anything.
[01:13:35.680 --> 01:13:38.680]  There's no payer because there's nothing to pay.
[01:13:38.680 --> 01:13:42.680]  It just says the United States on it, but it doesn't say they will pay anything.
[01:13:42.680 --> 01:13:46.680]  It doesn't say anything about a bearer on demand,
[01:13:46.680 --> 01:13:49.680]  and it doesn't have any type of an expiration date.
[01:13:49.680 --> 01:13:51.680]  I mean, it doesn't say anything.
[01:13:51.680 --> 01:13:53.680]  It just says it's legal gender for all debts, public and private.
[01:13:53.680 --> 01:13:56.680]  So it doesn't meet any of the four criteria.
[01:13:56.680 --> 01:13:57.680]  Nothing, nothing.
[01:13:57.680 --> 01:14:02.680]  And even the language, all debts, public and private, is kind of ridiculous.
[01:14:02.680 --> 01:14:03.680]  What other debts could there be?
[01:14:03.680 --> 01:14:06.680]  If it's not public or private, what else could it be?
[01:14:06.680 --> 01:14:11.680]  So even to say that is redundant, it's not needed.
[01:14:11.680 --> 01:14:14.680]  You could just say for all debts.
[01:14:14.680 --> 01:14:15.680]  It's legal gender for all debts.
[01:14:15.680 --> 01:14:22.680]  And all legal gender means is that even if it's crap paper that's worthless,
[01:14:22.680 --> 01:14:27.680]  if you offer it to somebody in payment, they have to accept it.
[01:14:27.680 --> 01:14:34.680]  But the way they give value to it is by saying that we have to pay our taxes in that legal tender.
[01:14:34.680 --> 01:14:36.680]  And then they impose all kinds of taxes.
[01:14:36.680 --> 01:14:41.680]  So then, again, everybody has to run around competing for this worthless paper so they can pay their taxes.
[01:14:41.680 --> 01:14:45.680]  And then they put legal tender character to it by law and say,
[01:14:45.680 --> 01:14:48.680]  by the way, you have to pay all your debts in it.
[01:14:48.680 --> 01:14:58.680]  So again, the analogy I use that kind of helps connect with people about the worthlessness of the paper money is
[01:14:58.680 --> 01:15:06.680]  if you say if the government said tomorrow you had to pay your taxes in popsicle sticks,
[01:15:06.680 --> 01:15:13.680]  then all of a sudden we'd all have to run around competing to collect these popsicle sticks so we could pay our taxes.
[01:15:13.680 --> 01:15:15.680]  Then if they came back the next day and said,
[01:15:15.680 --> 01:15:19.680]  by the way, now we're giving legal tender character to these popsicle sticks,
[01:15:19.680 --> 01:15:23.680]  you can pay all your debts with popsicle sticks, public and private.
[01:15:23.680 --> 01:15:25.680]  Okay, now everybody wants these popsicle sticks.
[01:15:25.680 --> 01:15:32.680]  Now the next day they say, oh, by the way, even if you can manufacture one of these popsicle sticks
[01:15:32.680 --> 01:15:37.680]  that looks exactly like these other popsicle sticks, we're calling it counterfeit
[01:15:37.680 --> 01:15:43.680]  because we're going to give exclusive privileged power to this Federal Reserve Bank over here
[01:15:43.680 --> 01:15:46.680]  to manufacture the popsicle sticks.
[01:15:46.680 --> 01:15:51.680]  And even if you can manufacture one that looks exactly the same with just as good or better quality,
[01:15:51.680 --> 01:15:54.680]  we're calling it counterfeit and we're going to throw you in jail
[01:15:54.680 --> 01:15:58.680]  because we're going to let the Federal Reserve make all the popsicle sticks.
[01:15:58.680 --> 01:16:08.680]  Then the government uses its military to go around and help keep it the World's Reserve currency that we occupy 140 countries.
[01:16:08.680 --> 01:16:12.680]  When Iraq tried to sell its oil in something other than popsicle sticks or dollars,
[01:16:12.680 --> 01:16:14.680]  they tried to get euros for their oil.
[01:16:14.680 --> 01:16:17.680]  We went in and that was the weapon of mass destruction.
[01:16:17.680 --> 01:16:22.680]  We invade Iraq and go in and scare everybody and continuing to make them use these worthless popsicle sticks
[01:16:22.680 --> 01:16:29.680]  all over the world so they can inflate the popsicle sticks all over the world.
[01:16:29.680 --> 01:16:31.680]  Right.
[01:16:31.680 --> 01:16:35.680]  Now see, the problem that I have, the biggest problem that I have with all of this,
[01:16:35.680 --> 01:16:43.680]  you know, the government, if they want to say, well, you can only pay your taxes in popsicle sticks.
[01:16:43.680 --> 01:16:45.680]  All right, well, that's their prerogative.
[01:16:45.680 --> 01:16:48.680]  They only want to accept popsicle sticks.
[01:16:48.680 --> 01:16:56.680]  But where I have the problem is where they are saying to the vendors, to store owners,
[01:16:56.680 --> 01:17:04.680]  you have to take the popsicle sticks if somebody offers them to you to pay a debt.
[01:17:04.680 --> 01:17:06.680]  That's where I have the big problem.
[01:17:06.680 --> 01:17:12.680]  Well, I'm not sure that they have to take it.
[01:17:12.680 --> 01:17:15.680]  I thought that that's what the legal tender is.
[01:17:15.680 --> 01:17:18.680]  Well, the legal tender, well, I don't know.
[01:17:18.680 --> 01:17:22.680]  You know, I think that a vendor could say, no, I want to be paid in something else.
[01:17:22.680 --> 01:17:26.680]  And I don't know if that would be a crime.
[01:17:26.680 --> 01:17:31.680]  But the problem is the vendor needs the popsicle sticks too because he's got all kinds of taxes to pay.
[01:17:31.680 --> 01:17:32.680]  Right.
[01:17:32.680 --> 01:17:39.680]  So the big problem is giving exclusive authority to one cartel to manufacture the popsicle sticks.
[01:17:39.680 --> 01:17:41.680]  That's where the problem comes in.
[01:17:41.680 --> 01:17:47.680]  See, that's why they don't want to use gold and silver because they can't manufacture gold and silver.
[01:17:47.680 --> 01:17:50.680]  You know, anybody can use, people can dig it out of the ground.
[01:17:50.680 --> 01:17:54.680]  I mean, they can't control the issue, the circulation of gold and silver.
[01:17:54.680 --> 01:18:02.680]  But they can, if they're the only one, they're given exclusive authority to make the money, these little,
[01:18:02.680 --> 01:18:04.680]  what's called Federal Reserve notes.
[01:18:04.680 --> 01:18:07.680]  And even if I can make one that looks exactly like it, it's counterfeit.
[01:18:07.680 --> 01:18:11.680]  That's where the problem comes in.
[01:18:11.680 --> 01:18:17.680]  See, I don't know if a grocer was selling groceries and said, you know,
[01:18:17.680 --> 01:18:20.680]  I've decided I don't want to take these dollar bills anymore.
[01:18:20.680 --> 01:18:24.680]  I want you to pay me in something else, seashells or something else.
[01:18:24.680 --> 01:18:30.680]  I don't know if the grocer would be in trouble with the law.
[01:18:30.680 --> 01:18:33.680]  Maybe Randy can find that out, or I don't know if Randy knows about that.
[01:18:33.680 --> 01:18:36.680]  I think that that's what legal tender means.
[01:18:36.680 --> 01:18:43.680]  Then it says right on the Federal Reserve quote note, which isn't even a note, this is good for all debts.
[01:18:43.680 --> 01:18:44.680]  Right.
[01:18:44.680 --> 01:18:45.680]  They have to take it.
[01:18:45.680 --> 01:18:47.680]  I mean, that was my understanding.
[01:18:47.680 --> 01:18:50.680]  Well, I think if they take it, then it's good for that debt.
[01:18:50.680 --> 01:18:57.680]  But I don't know if they, see, if I set up a business, let's say I set up, I'm selling lemonade
[01:18:57.680 --> 01:19:01.680]  and somebody offers me Federal Reserve notes, I don't think I have to take it.
[01:19:01.680 --> 01:19:02.680]  I could say, no, I don't want it.
[01:19:02.680 --> 01:19:08.680]  I want marbles instead, or I want something else instead, and I don't think I'm in trouble for it.
[01:19:08.680 --> 01:19:14.680]  Well, I think, though, there is a precedent that if you refuse to take that payment offered
[01:19:14.680 --> 01:19:19.680]  in what they consider to be legal tender, then you have acquiesced the payment of the debt itself.
[01:19:19.680 --> 01:19:23.680]  You've canceled out the debt by refusing to take the thing.
[01:19:23.680 --> 01:19:25.680]  That could be.
[01:19:25.680 --> 01:19:27.680]  Yeah, that may be.
[01:19:27.680 --> 01:19:30.680]  I don't know if you're in trouble legally, but maybe that discharges it.
[01:19:30.680 --> 01:19:36.680]  Maybe the person has discharged the debt by tendering an offer of the legal tender,
[01:19:36.680 --> 01:19:40.680]  and if you turn it down, well, the debt's discharged because you offered it.
[01:19:40.680 --> 01:19:44.680]  You know, but still, I think somebody could demand something else instead.
[01:19:44.680 --> 01:19:47.680]  I don't know exactly how that works because nobody ever does it.
[01:19:47.680 --> 01:19:50.680]  You know, people just take the legal tender offer.
[01:19:50.680 --> 01:19:55.680]  They take the paper because they need it to pay their taxes and to pay their bills.
[01:19:55.680 --> 01:20:00.680]  Well, I'd like to find out that if they refuse to take the legal tender,
[01:20:00.680 --> 01:20:03.680]  if that means that necessarily the debt is discharged
[01:20:03.680 --> 01:20:06.680]  or if they can, on top of that, demand something else.
[01:20:06.680 --> 01:20:10.680]  Yeah, now, I think if a government agency, some government body,
[01:20:10.680 --> 01:20:15.680]  refuses to take the legal tender, then I believe the debt's discharged.
[01:20:15.680 --> 01:20:19.680]  I'm not sure if that's the case for every private vendor.
[01:20:19.680 --> 01:20:21.680]  Yeah, we need to find out.
[01:20:21.680 --> 01:20:29.680]  Yeah, because I've never heard of anybody being prosecuted for not taking a Federal Reserve note,
[01:20:29.680 --> 01:20:33.680]  but I don't know of any cases where people don't take them either.
[01:20:33.680 --> 01:20:35.680]  It hasn't happened yet, but it's likely to.
[01:20:35.680 --> 01:20:43.680]  That's always been an unanswered question in my mind, even with the legal tender laws.
[01:20:43.680 --> 01:20:50.680]  I suspect before too much longer, we will begin to get an idea of how that works.
[01:20:50.680 --> 01:20:51.680]  Right, right.
[01:20:51.680 --> 01:20:58.680]  Now, I know when foreign countries decide not to take the offer, we invade them.
[01:20:58.680 --> 01:21:01.680]  We send our military in.
[01:21:01.680 --> 01:21:06.680]  But I don't know if the person operating the lemonade stand or somebody that sets up a little booth
[01:21:06.680 --> 01:21:09.680]  to sell something and says, you know, no, I want something else.
[01:21:09.680 --> 01:21:11.680]  I don't want the paper currency.
[01:21:11.680 --> 01:21:16.680]  I want seashells or marbles or whatever the heck they want, milk.
[01:21:16.680 --> 01:21:21.680]  I want, you know, go buy milk and give me the milk instead, and I'll give you this stuff, you know,
[01:21:21.680 --> 01:21:25.680]  because barter certainly isn't illegal.
[01:21:25.680 --> 01:21:32.680]  Right, the question is, is the debt necessarily discharged if they refuse the legal tender?
[01:21:32.680 --> 01:21:34.680]  That's the main question.
[01:21:34.680 --> 01:21:39.680]  Yeah, and see, I think that's true if you offer it to a government body.
[01:21:39.680 --> 01:21:41.680]  But not necessarily private.
[01:21:41.680 --> 01:21:45.680]  I don't think it's private because certainly if my neighbor comes over and wants, you know,
[01:21:45.680 --> 01:21:48.680]  and I do something for my neighbor and they want to pay me in Federal Reserve notes,
[01:21:48.680 --> 01:21:51.680]  and I say, no, I'd rather have your lawnmower, and the guy says,
[01:21:51.680 --> 01:21:53.680]  okay, I'll give you my lawnmower if you do this.
[01:21:53.680 --> 01:21:56.680]  That's a barter system, and there's nothing illegal about that.
[01:21:56.680 --> 01:22:03.680]  I don't see how the government could possibly constitutionally outlaw something like that
[01:22:03.680 --> 01:22:06.680]  because that goes to interference of a private contract.
[01:22:06.680 --> 01:22:07.680]  Right, right.
[01:22:07.680 --> 01:22:09.680]  Now, what the government may do.
[01:22:09.680 --> 01:22:13.680]  Right, now you're talking about a contract that didn't pre-exist, and what you're talking about there,
[01:22:13.680 --> 01:22:19.680]  if y'all have already established that, you know, I was going to pay you X amount of dollars in this legal tender,
[01:22:19.680 --> 01:22:22.680]  and then they decide later they don't want it,
[01:22:22.680 --> 01:22:26.680]  and they instead want your lawnmower, you still have the option of discharging the debt
[01:22:26.680 --> 01:22:30.680]  through the money you originally agreed on or the presumption of that money
[01:22:30.680 --> 01:22:33.680]  if you didn't agree to anything different at the time.
[01:22:33.680 --> 01:22:38.680]  They can't expect you just to give up your lawnmower because that's what they want in payment.
[01:22:38.680 --> 01:22:39.680]  Right.
[01:22:39.680 --> 01:22:42.680]  Well, if you've already agreed to something, that would be a breach of the contract.
[01:22:42.680 --> 01:22:46.680]  If you've already agreed to be paid in the Federal Reserve notes and then you changed the agreement,
[01:22:46.680 --> 01:22:49.680]  they wouldn't have to give you the lawnmower because you already agreed it.
[01:22:49.680 --> 01:22:57.680]  But I'm just saying that if I'm selling something and somebody offers me Federal Reserve notes
[01:22:57.680 --> 01:23:01.680]  and I say, no, I don't want them, I don't think the government will make me take them.
[01:23:01.680 --> 01:23:02.680]  I don't see how they could.
[01:23:02.680 --> 01:23:08.680]  Now, but what they will try to do is impute a tax on whatever I take.
[01:23:08.680 --> 01:23:13.680]  In other words, if I take something instead, they'll come and impute a value to it and say,
[01:23:13.680 --> 01:23:17.680]  well, now you owe this as if you had taken Federal Reserve notes, you're still going to,
[01:23:17.680 --> 01:23:23.680]  that's income in a sense, we're going to impute a value and you owe taxes on that in Federal Reserve notes,
[01:23:23.680 --> 01:23:25.680]  even if you didn't take Federal Reserve notes.
[01:23:25.680 --> 01:23:26.680]  You see what I'm saying?
[01:23:26.680 --> 01:23:28.680]  So again, you're scrambling for the Federal Reserve notes.
[01:23:28.680 --> 01:23:29.680]  Right.
[01:23:29.680 --> 01:23:34.680]  The government may, and I think that's illegal, but I think they would come in and try to impute a tax
[01:23:34.680 --> 01:23:38.680]  on the exchange that just occurred.
[01:23:38.680 --> 01:23:39.680]  Right.
[01:23:39.680 --> 01:23:44.680]  And that's how they get people to take the Federal Reserve notes then is because you needed to pay the tax.
[01:23:44.680 --> 01:23:45.680]  Now, Bill...
[01:23:45.680 --> 01:23:50.680]  You mentioned that recently, didn't the IRS try that where an employer,
[01:23:50.680 --> 01:23:55.680]  I think it was in Arizona or somewhere, was paying his employees with gold coins?
[01:23:55.680 --> 01:23:56.680]  Right.
[01:23:56.680 --> 01:24:00.680]  He was paying them in a gold coin that had a $50 face value on it,
[01:24:00.680 --> 01:24:04.680]  but of course the gold coin was about an ounce or something or half ounce,
[01:24:04.680 --> 01:24:08.680]  so it was worth a heck of a lot more than the $50 face value.
[01:24:08.680 --> 01:24:14.680]  But yeah, he paid them and they only claimed $50 rather than,
[01:24:14.680 --> 01:24:19.680]  let's say the coin's worth $1,000, but it has a $50 face value on it.
[01:24:19.680 --> 01:24:22.680]  They just claimed, I got paid $50.
[01:24:22.680 --> 01:24:23.680]  Oh, that's great.
[01:24:23.680 --> 01:24:24.680]  And they won.
[01:24:24.680 --> 01:24:25.680]  He won.
[01:24:25.680 --> 01:24:26.680]  That's brilliant.
[01:24:26.680 --> 01:24:27.680]  Yeah.
[01:24:27.680 --> 01:24:30.680]  The Supreme Court said that since it is legal money,
[01:24:30.680 --> 01:24:34.680]  that the face value is the only value the IRS can presume for.
[01:24:34.680 --> 01:24:35.680]  Right.
[01:24:35.680 --> 01:24:36.680]  Now see, that was minted.
[01:24:36.680 --> 01:24:39.680]  Those coins were minted by a United States mint.
[01:24:39.680 --> 01:24:45.680]  Now, when that guy, the guy that was doing the Liberty Dollars, Van Nossen,
[01:24:45.680 --> 01:24:47.680]  or what was his name?
[01:24:47.680 --> 01:24:50.680]  The guy that was doing the Liberty Dollars was silver.
[01:24:50.680 --> 01:24:52.680]  See, Van Nothouse.
[01:24:52.680 --> 01:24:53.680]  It was Van Nothouse, yeah.
[01:24:53.680 --> 01:24:54.680]  Yeah.
[01:24:54.680 --> 01:24:56.680]  Okay, now see, he was doing something different.
[01:24:56.680 --> 01:25:00.680]  Those weren't being minted by a United States mint.
[01:25:00.680 --> 01:25:03.680]  He was minting them himself.
[01:25:03.680 --> 01:25:05.680]  He was putting $20 on there.
[01:25:05.680 --> 01:25:12.680]  He was really using the word dollar and doing it illegally because a dollar is
[01:25:12.680 --> 01:25:18.680]  371.25 grains of fine silver minted in a coin by a United States mint.
[01:25:18.680 --> 01:25:21.680]  That was laid down in the Coinage Act of 1792.
[01:25:21.680 --> 01:25:24.680]  It's never been repealed and it's never been amended.
[01:25:24.680 --> 01:25:28.680]  So a dollar still is a silver coin of a certain amount of silver.
[01:25:28.680 --> 01:25:33.680]  Now, he put $20 on there and it didn't have the proportional amount of silver in it.
[01:25:33.680 --> 01:25:35.680]  And that's why he can't do that.
[01:25:35.680 --> 01:25:36.680]  A dollar is a certain thing.
[01:25:36.680 --> 01:25:40.680]  Now, our government has given the Federal Reserve, has allowed the Federal Reserve
[01:25:40.680 --> 01:25:45.680]  to misuse the word dollar, but they didn't give him the right to do that.
[01:25:45.680 --> 01:25:49.680]  And really even the Federal Reserve, those things they print up are Federal Reserve
[01:25:49.680 --> 01:25:50.680]  notes.
[01:25:50.680 --> 01:25:51.680]  They're actually dollar bills.
[01:25:51.680 --> 01:25:52.680]  They're not dollars.
[01:25:52.680 --> 01:25:54.680]  It's a bill for a dollar.
[01:25:54.680 --> 01:26:01.680]  So what Van Nothouse did was different than what this guy did using those $50 gold
[01:26:01.680 --> 01:26:06.680]  coins that were minted by a United States mint and they struck the word $50 on there.
[01:26:06.680 --> 01:26:09.680]  Now, Bill, what does that mean, a bill for a dollar?
[01:26:09.680 --> 01:26:11.680]  Well, it's a claim check.
[01:26:11.680 --> 01:26:16.680]  It means if I'm holding a dollar bill, that's my little ticket to get a real dollar,
[01:26:16.680 --> 01:26:17.680]  which is a silver dollar.
[01:26:17.680 --> 01:26:22.680]  It's just like if you take your clothes to the cleaners, they take your clothes and
[01:26:22.680 --> 01:26:24.680]  they give you a claim check, right?
[01:26:24.680 --> 01:26:26.680]  Well, the claim check isn't the clothes.
[01:26:26.680 --> 01:26:27.680]  It's the claim on the clothes.
[01:26:27.680 --> 01:26:30.680]  So when you go back to get your clothes, you give them the claim check and they give you
[01:26:30.680 --> 01:26:31.680]  your clothes.
[01:26:31.680 --> 01:26:34.680]  Well, how would you like to go back and hand them the claim check?
[01:26:34.680 --> 01:26:36.680]  And they said, no, we're keeping the clothes.
[01:26:36.680 --> 01:26:38.680]  You just use that claim check.
[01:26:38.680 --> 01:26:40.680]  Well, that's what they did with our money.
[01:26:40.680 --> 01:26:44.680]  See, a dollar bill was just a claim check to get the real dollar, the money, gold and
[01:26:44.680 --> 01:26:45.680]  silver.
[01:26:45.680 --> 01:26:46.680]  But you can't do that anymore.
[01:26:46.680 --> 01:26:47.680]  Right.
[01:26:47.680 --> 01:26:48.680]  They stole the money.
[01:26:48.680 --> 01:26:52.680]  The government and the Federal Reserve stole the people's money in 1933.
[01:26:52.680 --> 01:26:57.680]  They stole the gold in 1933 and they stole the silver in 1968 when they stopped redeeming
[01:26:57.680 --> 01:26:59.680]  our currency for gold and silver.
[01:26:59.680 --> 01:27:00.680]  They took it.
[01:27:00.680 --> 01:27:02.680]  They just stole it.
[01:27:02.680 --> 01:27:08.680]  And most of the people had taken their gold and silver down to the Federal Reserve banks
[01:27:08.680 --> 01:27:14.680]  because they wanted them to store it because for 20 years from 1913 to 1933, anybody could
[01:27:14.680 --> 01:27:19.680]  walk into a bank, put down their claim check, their Federal Reserve note, and say, I want
[01:27:19.680 --> 01:27:23.680]  the gold or silver, and they would give it to them immediately on demand, to the bearer
[01:27:23.680 --> 01:27:24.680]  on demand.
[01:27:24.680 --> 01:27:25.680]  They did that for 20 years.
[01:27:25.680 --> 01:27:29.680]  And they got everybody believing, well, the dollar is as good as gold.
[01:27:29.680 --> 01:27:33.680]  We don't have to hide our gold and silver in our house.
[01:27:33.680 --> 01:27:37.680]  We can take it down and store it in the bank because we've got these claim checks and they're
[01:27:37.680 --> 01:27:39.680]  always going to be good for the gold and silver.
[01:27:39.680 --> 01:27:42.680]  And then when the United States collected all the gold and silver from the people, they
[01:27:42.680 --> 01:27:44.680]  stole it in 1933.
[01:27:44.680 --> 01:27:45.680]  Yeah.
[01:27:45.680 --> 01:27:49.680]  And people who had their gold and silver in safe deposit boxes in the banks, that was
[01:27:49.680 --> 01:27:52.680]  the worst place to put it because then they had easy access to just grab it.
[01:27:52.680 --> 01:27:53.680]  Yeah.
[01:27:53.680 --> 01:27:54.680]  They took that, too.
[01:27:54.680 --> 01:27:57.680]  People just took it down there and just gave it to them as deposits.
[01:27:57.680 --> 01:28:02.680]  They just deposited it with them because, you know, we were given receipts, claim checks,
[01:28:02.680 --> 01:28:07.680]  called Federal Reserve notes that people thought would always be, could redeem for the real
[01:28:07.680 --> 01:28:08.680]  money.
[01:28:08.680 --> 01:28:14.680]  And so for a while, the Federal Reserve notes, the paper currency was surrogate money.
[01:28:14.680 --> 01:28:17.680]  It wasn't money, but it acted as money.
[01:28:17.680 --> 01:28:21.680]  Now it's not even surrogate money because there's no way to even redeem it for real
[01:28:21.680 --> 01:28:22.680]  money.
[01:28:22.680 --> 01:28:25.680]  It's just an expired token that's passed around.
[01:28:25.680 --> 01:28:32.680]  We call it money because it has purchasing power, which it's losing, you know, but it
[01:28:32.680 --> 01:28:33.680]  has purchasing power.
[01:28:33.680 --> 01:28:37.680]  So we've used it as money for years, even though it's not real money because, you know,
[01:28:37.680 --> 01:28:40.680]  even our Constitution says money is gold and silver coin, period.
[01:28:40.680 --> 01:28:41.680]  That's it.
[01:28:41.680 --> 01:28:42.680]  Yeah.
[01:28:42.680 --> 01:28:43.680]  Yeah.
[01:28:43.680 --> 01:28:48.680]  Our paper money is nothing more than a predetermined set value IOU.
[01:28:48.680 --> 01:28:51.680]  Well, but it's not even a set value.
[01:28:51.680 --> 01:28:53.680]  It's a floating value.
[01:28:53.680 --> 01:28:54.680]  Well, true.
[01:28:54.680 --> 01:28:57.680]  But I mean, on its face, it says it's worth five of whatever.
[01:28:57.680 --> 01:28:58.680]  Right.
[01:28:58.680 --> 01:28:59.680]  That's the only part of its set.
[01:28:59.680 --> 01:29:01.680]  But see, that's not really a value.
[01:29:01.680 --> 01:29:05.680]  That's just a nominal, that's just a number.
[01:29:05.680 --> 01:29:07.680]  That's the problem with paper currencies.
[01:29:07.680 --> 01:29:09.680]  They have no value.
[01:29:09.680 --> 01:29:12.680]  They have purchasing power, as long as somebody's willing to take it.
[01:29:12.680 --> 01:29:18.680]  But see, a real money has value because the value of a real dollar is its weight in silver.
[01:29:18.680 --> 01:29:22.680]  The value is 371.25 grains of silver.
[01:29:22.680 --> 01:29:26.680]  Now, it just so happens that that amount of silver also has purchasing power.
[01:29:26.680 --> 01:29:31.680]  But paper currencies have purchasing power but no value because they float.
[01:29:31.680 --> 01:29:35.680]  And they float against other paper currencies that have no value.
[01:29:35.680 --> 01:29:42.680]  It's like, see, a real dollar was to be part of our standard weights and measures.
[01:29:42.680 --> 01:29:46.680]  And the Congress is charged with the duty of protecting our standard weights and measures.
[01:29:46.680 --> 01:29:52.680]  Congress can't come in and change the value of an inch or a second or a yard or a pound.
[01:29:52.680 --> 01:29:56.680]  If we had a floating inch, how could we function?
[01:29:56.680 --> 01:29:59.680]  We couldn't function without standard weights and measures.
[01:29:59.680 --> 01:30:01.680]  Yes, and Bill, just a quick interjection.
[01:30:01.680 --> 01:30:12.680]  That was one of the main points of the Magna Carta back in 1215 that the barons insisted on standards of weights and measures.
[01:30:12.680 --> 01:30:13.680]  Well, we have to.
[01:30:13.680 --> 01:30:14.680]  We couldn't function.
[01:30:14.680 --> 01:30:18.680]  Suppose a yard could float every day.
[01:30:18.680 --> 01:30:21.680]  We never knew how much a yard was worth, like they float the dollar.
[01:30:21.680 --> 01:30:22.680]  Okay.
[01:30:22.680 --> 01:30:27.680]  And so I come in and I have guys come in and I order 200 yards of carpet to carpet my house.
[01:30:27.680 --> 01:30:29.680]  And I pay for it, 200 yards of carpet.
[01:30:29.680 --> 01:30:33.680]  And the next day they come in and carpet half my house and say, oh, the yard's floating.
[01:30:33.680 --> 01:30:35.680]  It's only half today what it was yesterday.
[01:30:35.680 --> 01:30:38.680]  We would never stand for that in our weights and measures.
[01:30:38.680 --> 01:30:43.680]  But the most important standard weight and measure that we have in our system is our money.
[01:30:43.680 --> 01:30:44.680]  And that's what they don't stick.
[01:30:44.680 --> 01:30:47.680]  That's what they allow to float.
[01:30:47.680 --> 01:30:48.680]  And that's the most important one.
[01:30:48.680 --> 01:30:49.680]  That should be stable.
[01:30:49.680 --> 01:31:02.680]  And if you have a stable amount of silver or gold and that never fluctuates, then you can always measure the change in the value of everything else against that standard weight.
[01:31:02.680 --> 01:31:06.680]  But if you allow the weight to float, you can't measure the change in anything.
[01:31:06.680 --> 01:31:14.680]  Well, yeah, and the reason that they did that back in the days of the Magna Carta, the reason they insisted on that is because of taxation purposes.
[01:31:14.680 --> 01:31:21.680]  You know, the land appraisers would come out and measure people's property to base property taxes on.
[01:31:21.680 --> 01:31:31.680]  And they would float the measurement so that they could extract more taxes and say, oh, well, you really have 10 acres of land, so you've got to pay taxes on 10 acres.
[01:31:31.680 --> 01:31:33.680]  And it was really like three acres.
[01:31:33.680 --> 01:31:34.680]  Right.
[01:31:34.680 --> 01:31:41.680]  I mean, it's just a ruse so that the powers that be can steal from the people.
[01:31:41.680 --> 01:31:50.680]  When you don't have standard weights and measures, especially in your monetary system, that's done on purpose by the central bankers so they can steal from us.
[01:31:50.680 --> 01:31:51.680]  And that's what they're doing right now.
[01:31:51.680 --> 01:31:56.680]  And they've been looting the productive class forever.
[01:31:56.680 --> 01:32:10.680]  And now it's just getting worse and worse and worse. As they see the dollar collapsing, our currency collapsing, they're just looting a sinking ship faster and faster as the ship sinks.
[01:32:10.680 --> 01:32:20.680]  Well, Bill, since I have you on the line and I appreciate you staying with us so long, I always love to have you come on and explain these things.
[01:32:20.680 --> 01:32:30.680]  Can you please tell us what the criteria are for something to be considered as money?
[01:32:30.680 --> 01:32:36.680]  I know that it has to be divisible, it has to be fungible, it has to have intrinsic values, things like this.
[01:32:36.680 --> 01:32:40.680]  Can you please explain to us what these criteria are?
[01:32:40.680 --> 01:32:51.680]  Okay. Well, actually rather than saying criteria, that almost sounds like somebody has decided here's what you have to have to be money.
[01:32:51.680 --> 01:33:03.680]  The way money has always worked is certain things have properties, inherent properties, that make them a better utility to be used as money.
[01:33:03.680 --> 01:33:06.680]  And so it's not really criteria, it's properties.
[01:33:06.680 --> 01:33:16.680]  Now the properties that gold and silver have, as I run down these properties, if you compare them against every other item on the planet,
[01:33:16.680 --> 01:33:22.680]  you'll find that no other items have all of the properties that gold and silver have.
[01:33:22.680 --> 01:33:26.680]  And that's why gold and silver has always been used for money by default.
[01:33:26.680 --> 01:33:31.680]  It's not like anybody ever said, hey, we're going to make gold and silver money and you have to use it.
[01:33:31.680 --> 01:33:40.680]  It's like if you want to use something to transact commerce, some things are better than others.
[01:33:40.680 --> 01:33:46.680]  Anything could be used as money, seashells, sand, paper currency, anything can be used as money,
[01:33:46.680 --> 01:33:50.680]  but not everything because anything can be used doesn't mean that they're all equivalent.
[01:33:50.680 --> 01:33:53.680]  So gold and silver, here's the properties they have.
[01:33:53.680 --> 01:34:01.680]  There's a certain rarity or scarceness to them, but it's not so scarce that there's not enough of it.
[01:34:01.680 --> 01:34:04.680]  Now even take platinum.
[01:34:04.680 --> 01:34:10.680]  Platinum is a precious metal, but it's even more rare and scarce than gold and far more rare than silver,
[01:34:10.680 --> 01:34:14.680]  so it's not quite as good for money as gold and silver.
[01:34:14.680 --> 01:34:20.680]  Gold and silver, basically they're non-perishable.
[01:34:20.680 --> 01:34:27.680]  You can store gold on the bottom of the ocean for 1,000 years and it won't lose one grain of value or weight.
[01:34:27.680 --> 01:34:34.680]  So put dollar bills on the bottom of the ocean for a while, you know, they'll be worth nothing.
[01:34:34.680 --> 01:34:39.680]  So gold and silver are what are called fungible.
[01:34:39.680 --> 01:34:46.680]  You can take a blob of gold and you can melt it and you can put it into any weight you want and it hasn't lost any value.
[01:34:46.680 --> 01:34:52.680]  They're also malleable. You can shape them in the shape of a coin so that you can standardize them
[01:34:52.680 --> 01:34:59.680]  and make every coin exactly the same size and you can stamp them so that they're all recognizable.
[01:34:59.680 --> 01:35:06.680]  Now if somebody tried to use diamonds as a medium of exchange, every diamond is different.
[01:35:06.680 --> 01:35:09.680]  There's no uniformity to them, so how do you know what the value is?
[01:35:09.680 --> 01:35:16.680]  So with metals like gold and silver, you can put the exact same number of grains of gold or silver in it.
[01:35:16.680 --> 01:35:24.680]  You can mold it into the shape you want and stamp whatever you want on it so everybody can recognize it and it's easily exchangeable.
[01:35:24.680 --> 01:35:34.680]  So you've got these properties. They're divisible, they're fungible, they're non-perishable.
[01:35:34.680 --> 01:35:38.680]  They've got a certain amount of rarity to them. They're also beautiful.
[01:35:38.680 --> 01:35:45.680]  And God put them in the ground so anybody can go get it. Nobody has total control over it.
[01:35:45.680 --> 01:35:55.680]  And over time, they're a store of value. If you look at gold and silver over time, they don't lose value.
[01:35:55.680 --> 01:35:57.680]  They don't lose purchasing power.
[01:35:57.680 --> 01:36:02.680]  An ounce of gold today will buy the same quantity of goods and services as it would a thousand years ago.
[01:36:02.680 --> 01:36:09.680]  Same with silver, where paper currencies, you know, put it somewhere for a thousand years and come back and they'll be worthless.
[01:36:09.680 --> 01:36:11.680]  It probably won't even be in existence.
[01:36:11.680 --> 01:36:19.680]  So if you look at the properties of gold and silver, nothing else on the planet has all of its properties.
[01:36:19.680 --> 01:36:25.680]  Yeah, and Bill, I just would add, they also have a specific mass because they're elements.
[01:36:25.680 --> 01:36:35.680]  In other words, the volume displacement has to weigh a certain amount or actually has to possess a certain mass.
[01:36:35.680 --> 01:36:45.680]  And so you can't easily counterfeit them by like taking some other metal like lead or whatever and painting a gold paint on it
[01:36:45.680 --> 01:36:55.680]  because if you weigh it and then displace the mass, you know, the volume in a glass of water and compare, it's not going to match up.
[01:36:55.680 --> 01:36:58.680]  So they have a uniqueness factor to them also.
[01:36:58.680 --> 01:37:00.680]  Well, actually, you can't counterfeit them at all.
[01:37:00.680 --> 01:37:07.680]  I mean, you can try to, but if I could perfectly counterfeit a gold coin, it would be the gold coin.
[01:37:07.680 --> 01:37:13.680]  I mean, if I could put, you know, a certain number of grains of gold in a coin, it's not really a counterfeit.
[01:37:13.680 --> 01:37:21.680]  It is, you know, even if it's not struck in a mint, if I can make it look exactly the same amount of weight and strike it the same,
[01:37:21.680 --> 01:37:22.680]  it's not really a counterfeit.
[01:37:22.680 --> 01:37:24.680]  It's an identical coin.
[01:37:24.680 --> 01:37:32.680]  And so if somebody tried to counterfeit it though, yeah, it's like you said, you can easily identify the amount of,
[01:37:32.680 --> 01:37:37.680]  you can assay it and identify how much gold or silver is in that coin.
[01:37:37.680 --> 01:37:42.680]  But see, what you want, what people want in money, and this isn't by design.
[01:37:42.680 --> 01:37:44.680]  This is what they've defaulted to.
[01:37:44.680 --> 01:37:47.680]  You want something that's a store of value.
[01:37:47.680 --> 01:37:50.680]  You want something that's recognizable.
[01:37:50.680 --> 01:37:53.680]  You want something so it can be used as a medium of exchange.
[01:37:53.680 --> 01:37:57.680]  And you want something that you can use as a unit of account.
[01:37:57.680 --> 01:38:01.680]  Okay, now again, diamonds can't be a unit of account because they're all different.
[01:38:01.680 --> 01:38:06.680]  You could use like sand for those things, but it takes too much of it, you know.
[01:38:06.680 --> 01:38:12.680]  Sand, you could put the exact same number of grains in a bag of sand and call it money, but it's too heavy.
[01:38:12.680 --> 01:38:15.680]  It's, you know, for obvious reasons, you wouldn't use sand as money.
[01:38:15.680 --> 01:38:17.680]  Or seashells, all are different.
[01:38:17.680 --> 01:38:25.680]  So it's gold and silver because of all their properties and because of never losing value over time.
[01:38:25.680 --> 01:38:33.680]  300 grains of gold a thousand years ago would buy the same amount of grains of gold today.
[01:38:33.680 --> 01:38:41.680]  So it's because of their inherent properties that people have always defaulted to gold and silver as money.
[01:38:41.680 --> 01:38:48.680]  And nothing else has all those properties.
[01:38:48.680 --> 01:38:50.680]  Absolutely.
[01:38:50.680 --> 01:39:02.680]  So, Bill, I mean, obviously, you know, the bad guys, they're trying to impose this fiat currency on us, and it ain't going to work.
[01:39:02.680 --> 01:39:04.680]  It's going to fail.
[01:39:04.680 --> 01:39:18.680]  Do you think, do you see in the future that we could actually return to a commodity-based currency system like this without too much suffering or damage?
[01:39:18.680 --> 01:39:19.680]  I don't know.
[01:39:19.680 --> 01:39:22.680]  You know, I can't predict the future.
[01:39:22.680 --> 01:39:28.680]  You know, I can look at what's happened in the past and figure that, you know, it's going to be duplicated again.
[01:39:28.680 --> 01:39:30.680]  But I don't know how this thing is going to work out.
[01:39:30.680 --> 01:39:31.680]  I really don't.
[01:39:31.680 --> 01:39:40.680]  I mean, there is an evil force out there that's in charge right now of the planet through the creation of fake money.
[01:39:40.680 --> 01:39:45.680]  I mean, you know, we are fighting a battle against people that can print money out of thin air.
[01:39:45.680 --> 01:39:48.680]  And when we want to fight them, we have to use our own money that we have to labor for.
[01:39:48.680 --> 01:39:51.680]  They didn't labor for it, okay?
[01:39:51.680 --> 01:39:52.680]  And they can buy the best.
[01:39:52.680 --> 01:39:54.680]  They can buy the best surveillance equipment.
[01:39:54.680 --> 01:39:56.680]  They can buy the best bomb.
[01:39:56.680 --> 01:40:00.680]  They can buy the best military.
[01:40:00.680 --> 01:40:02.680]  They can buy the best airplanes, the best bombs.
[01:40:02.680 --> 01:40:06.680]  I mean, when you can create money out of thin air, you can buy anything you want.
[01:40:06.680 --> 01:40:09.680]  You can hire the best scientists to work for you.
[01:40:09.680 --> 01:40:16.680]  You can buy the media and have them, you know, give people the propaganda over and over and over
[01:40:16.680 --> 01:40:21.680]  until they're indoctrinated into this false system, this false belief system.
[01:40:21.680 --> 01:40:23.680]  I mean, and they've done all that.
[01:40:23.680 --> 01:40:29.680]  But everything they've done, they've been able to accomplish because they didn't have to labor for their money.
[01:40:29.680 --> 01:40:36.680]  They could print it out of thin air and then make people use that and then make people pay taxes on it.
[01:40:36.680 --> 01:40:38.680]  And it's borrowed into circulation.
[01:40:38.680 --> 01:40:45.680]  I mean, it is the most evil and fraudulent scam in the history of the world, this paper currency system.
[01:40:45.680 --> 01:40:49.680]  It is the biggest, most evil and fraudulent thing imaginable.
[01:40:49.680 --> 01:40:51.680]  And most people don't even know it.
[01:40:51.680 --> 01:40:55.680]  And if you tell them, if I tell them, they would think I'm nuts.
[01:40:55.680 --> 01:40:57.680]  Well, I don't think you're nuts.
[01:40:57.680 --> 01:41:00.680]  I agree. It really is.
[01:41:00.680 --> 01:41:08.680]  Yeah, you agree because, see, most, you know, there's only a small percentage of people that really want to know the truth.
[01:41:08.680 --> 01:41:16.680]  Most people want to be told what they want to hear, you know, or they want to hear what makes them comfortable.
[01:41:16.680 --> 01:41:19.680]  And if it makes them uncomfortable, they don't want to hear it, you know.
[01:41:19.680 --> 01:41:21.680]  They basically stick their head in the sand.
[01:41:21.680 --> 01:41:28.680]  And some people just want to know the truth no matter how it shakes out, even if it's bad news or even if it's going to depress them
[01:41:28.680 --> 01:41:34.680]  and even if it's going to make them behave in ways that they haven't wanted to behave because they're going to have to change it.
[01:41:34.680 --> 01:41:36.680]  But I think that's a small percentage of people.
[01:41:36.680 --> 01:41:38.680]  Most people don't want to know the truth.
[01:41:38.680 --> 01:41:40.680]  They love it when politicians lie to them.
[01:41:40.680 --> 01:41:41.680]  They love it.
[01:41:41.680 --> 01:41:44.680]  Oh, God, he's telling me exactly what I want to hear.
[01:41:44.680 --> 01:41:50.680]  I mean, again, you can watch people's faces when they're listening to Obama lie to them, and they love it.
[01:41:50.680 --> 01:41:53.680]  Ninety-five out of a hundred.
[01:41:53.680 --> 01:41:58.680]  So this is why – there's a reason why humans have never been free.
[01:41:58.680 --> 01:42:01.680]  The masses of humanity have never known freedom.
[01:42:01.680 --> 01:42:05.680]  They've always been controlled by a small group of people.
[01:42:05.680 --> 01:42:07.680]  Well, there's reasons for it.
[01:42:07.680 --> 01:42:10.680]  And I think the reason is most people don't want to know the truth.
[01:42:10.680 --> 01:42:13.680]  They act like they do, and if you ask them, they'd certainly tell you they did.
[01:42:13.680 --> 01:42:16.680]  But they really don't because if you hit them with the truth right now
[01:42:16.680 --> 01:42:21.680]  and tell them to go on the Internet and spend one-one-hundredth of the amount of time
[01:42:21.680 --> 01:42:24.680]  you spend reading the newspaper and listening to the mainstream media,
[01:42:24.680 --> 01:42:29.680]  if you spend one-one-hundredth amount of that time researching alternative explanations for things,
[01:42:29.680 --> 01:42:31.680]  you might find that you're being lied to.
[01:42:31.680 --> 01:42:36.680]  But they won't even spend one-one-hundredth the amount of time they spend listening to mainstream media.
[01:42:36.680 --> 01:42:39.680]  So they don't want to know the truth.
[01:42:39.680 --> 01:42:43.680]  Well, hopefully we're reaching people right now, Bill.
[01:42:43.680 --> 01:42:48.680]  Well, again, we are reaching a certain number of people, and that number is probably growing.
[01:42:48.680 --> 01:42:54.680]  And I've thought for a long time that the numbers will grow as the suffering gets larger.
[01:42:54.680 --> 01:42:55.680]  Indeed.
[01:42:55.680 --> 01:42:59.680]  And so I have been almost waiting for this collapse.
[01:42:59.680 --> 01:43:08.680]  I mean, I've been – I started predicting – I was on a radio talk show, John Stapp Miller's show, back in 2004,
[01:43:08.680 --> 01:43:12.680]  and a caller called in and asked, when do you think – you know, I was talking about the collapse coming.
[01:43:12.680 --> 01:43:14.680]  Fiat currency is unsustainable.
[01:43:14.680 --> 01:43:16.680]  Caller called in and asked, when do you think it's going to occur?
[01:43:16.680 --> 01:43:20.680]  And I told him in 2004, I think it will be 2008.
[01:43:20.680 --> 01:43:22.680]  And that's when it happened, in September of 2008.
[01:43:22.680 --> 01:43:25.680]  That's when the collapse really started, got going.
[01:43:25.680 --> 01:43:32.680]  And my only reasoning was that I didn't think that Bush could hold out for two terms, eight years, without the collapse.
[01:43:32.680 --> 01:43:39.680]  And so I figured towards the end of his second administration, we would start seeing the monetary collapse.
[01:43:39.680 --> 01:43:42.680]  Okay, Bill, listen, we're going to break.
[01:43:42.680 --> 01:43:45.680]  Okay, well, you know, I can – I'll get – let me get off and let somebody else talk.
[01:43:45.680 --> 01:43:46.680]  Okay, thank you so much.
[01:43:46.680 --> 01:43:47.680]  And I'll just listen to the show.
[01:43:47.680 --> 01:43:49.680]  Thank you so much for joining us and giving us your insight.
[01:43:49.680 --> 01:43:50.680]  Okay, thank you.
[01:43:50.680 --> 01:43:57.680]  All right, we'll be right back and we'll go to your calls on the other side.
[01:43:57.680 --> 01:44:00.680]  Stock markets are taking hit after hit.
[01:44:00.680 --> 01:44:03.680]  Corrupt bankers are choking on subprime debt.
[01:44:03.680 --> 01:44:11.680]  The Fed is busy printing dollars, dollars, and more dollars to bail out Wall Street, banks, and the U.S. car industry.
[01:44:11.680 --> 01:44:20.680]  As investors scramble for safety in the metals in the face of a further devaluation of the dollar, the price of silver will only increase.
[01:44:20.680 --> 01:44:31.680]  Some of the world's leading financial analysts believe that silver is one of the world's most important commodities with unparalleled investment opportunity for the future.
[01:44:31.680 --> 01:44:42.680]  Now is the time to buy silver before it heads for $75 an ounce, and the yellow metal roars back past $1,000 an ounce to new highs.
[01:44:42.680 --> 01:44:58.680]  Call Maximus Holdings now at 407-608-5430 to find out how you can turn your IRA and 401K into a solid investment, silver, without any penalties for early withdrawal.
[01:44:58.680 --> 01:45:04.680]  Even if you don't have a retirement account yet, we have fantastic investment opportunities for you.
[01:45:04.680 --> 01:45:32.680]  Call Maximus Holdings at 407-608-5430 for more information.
[01:45:34.680 --> 01:46:03.680]  Okay, we know Ja will.
[01:46:03.680 --> 01:46:05.680]  He will prevail.
[01:46:05.680 --> 01:46:19.680]  All right, callers, I want to thank you for holding so patiently while we listen to Bill give his very precious insight into the monetary system in general.
[01:46:19.680 --> 01:46:20.680]  Really appreciate it.
[01:46:20.680 --> 01:46:22.680]  Appreciate callers holding for so long.
[01:46:22.680 --> 01:46:29.680]  I like to let Bill give his insight when he calls in because it's always so informative.
[01:46:29.680 --> 01:46:34.680]  Okay, we're going to go now to Gary from Texas.
[01:46:34.680 --> 01:46:36.680]  Gary, thanks for calling in and thanks for holding.
[01:46:36.680 --> 01:46:39.680]  What's on your mind tonight?
[01:46:39.680 --> 01:46:44.680]  Okay, he must have dropped off.
[01:46:44.680 --> 01:46:45.680]  Okay, and Wendy also.
[01:46:45.680 --> 01:46:47.680]  Wendy, call back in and we'll take you right away.
[01:46:47.680 --> 01:46:49.680]  We're going to go to Lewis from Arkansas.
[01:46:49.680 --> 01:46:50.680]  Lewis, thanks for calling in.
[01:46:50.680 --> 01:46:51.680]  Thanks for holding.
[01:46:51.680 --> 01:46:52.680]  What's on your mind tonight?
[01:46:52.680 --> 01:47:00.680]  Yeah, I called in last Monday. I'm the one that had the court put the restraining order on me and not allowed back into courthouse.
[01:47:00.680 --> 01:47:05.680]  So anyway, all the affidavits and complaints you put against me matured today.
[01:47:05.680 --> 01:47:10.680]  I've toured around trying to get counties to file my docs.
[01:47:10.680 --> 01:47:12.680]  They won't do it.
[01:47:12.680 --> 01:47:21.680]  And that's five I went to today, so I went by the federal courthouse to try to get them to file them and to start a case with.
[01:47:21.680 --> 01:47:24.680]  And she was about to leave on vacation.
[01:47:24.680 --> 01:47:26.680]  I wasn't aware they were closing at 1130.
[01:47:26.680 --> 01:47:31.680]  So at this point, her affidavit stand stands unrefuted.
[01:47:31.680 --> 01:47:35.680]  And I'm basically under house arrest because of the restraining order.
[01:47:35.680 --> 01:47:40.680]  I did find a national registry that I can start filing my docs with.
[01:47:40.680 --> 01:47:45.680]  And oh, yeah, since there's a couple of little more cash, I'm definitely going to be doing that.
[01:47:45.680 --> 01:47:49.680]  And I don't know, kind of excited about getting started on going after the bonds.
[01:47:49.680 --> 01:47:52.680]  So, you know, am I on the right track here?
[01:47:52.680 --> 01:47:54.680]  Or could you give me any ideas?
[01:47:54.680 --> 01:47:55.680]  Yes.
[01:47:55.680 --> 01:48:03.680]  And as far as filing your documents, it's always better to file them by mail.
[01:48:03.680 --> 01:48:11.680]  I know we like the satisfaction of going down there and getting it done, especially when we're after them.
[01:48:11.680 --> 01:48:17.680]  And I really I enjoy too much going down there jerking them around.
[01:48:17.680 --> 01:48:24.680]  But I'm finding as I do this more and more, if they never see you,
[01:48:24.680 --> 01:48:33.680]  if they never get you in their face where they can look at you and evaluate you and determine what they're dealing with,
[01:48:33.680 --> 01:48:36.680]  it's much worse for them.
[01:48:36.680 --> 01:48:42.680]  I worked over a judge in Johnson County and I've been working him over for six months
[01:48:42.680 --> 01:48:48.680]  and he had no idea who I was or what I was about.
[01:48:48.680 --> 01:48:56.680]  And when he finally figured it out, because I showed up in a courtroom with the people I was trying to help,
[01:48:56.680 --> 01:49:00.680]  he immediately recused himself.
[01:49:00.680 --> 01:49:02.680]  It drives him crazy.
[01:49:02.680 --> 01:49:06.680]  We all want to be able to look our adversary in the eye.
[01:49:06.680 --> 01:49:12.680]  And if I were you, I'd file all my paperwork by mail.
[01:49:12.680 --> 01:49:19.680]  That way, if they mess with your mail at all, then you get the postal inspectors involved.
[01:49:19.680 --> 01:49:21.680]  And I had a friend who...
[01:49:21.680 --> 01:49:22.680]  Okay, wait, wait, wait.
[01:49:22.680 --> 01:49:23.680]  Hold on, hold on, Randy.
[01:49:23.680 --> 01:49:25.680]  I want to, I want to, I don't mean to interrupt,
[01:49:25.680 --> 01:49:29.680]  but I want to address this filing issue because I want to back up a little bit with Lewis.
[01:49:29.680 --> 01:49:33.680]  He said something about he can't file at that particular court,
[01:49:33.680 --> 01:49:36.680]  so he's going to file the documents with the National Registry.
[01:49:36.680 --> 01:49:38.680]  Is that what you said, Lewis?
[01:49:38.680 --> 01:49:39.680]  Yeah.
[01:49:39.680 --> 01:49:45.680]  Now, Randy, I don't see how this is going to be effective.
[01:49:45.680 --> 01:49:50.680]  He's got to file his documents in the court of the jurisdiction of the case.
[01:49:50.680 --> 01:49:52.680]  Is that correct?
[01:49:52.680 --> 01:49:53.680]  Yes.
[01:49:53.680 --> 01:49:54.680]  Okay.
[01:49:54.680 --> 01:49:55.680]  You don't have to file them in the case.
[01:49:55.680 --> 01:49:59.680]  You just don't have to go there to get it done.
[01:49:59.680 --> 01:50:03.680]  You can do it by mail, and actually, it's better to do it by mail.
[01:50:03.680 --> 01:50:04.680]  I think.
[01:50:04.680 --> 01:50:09.680]  I'm not positive on this, but I'm pretty sure they said, I can't even mail anything in.
[01:50:09.680 --> 01:50:13.680]  I mean, they covered it.
[01:50:13.680 --> 01:50:16.680]  No, no, wait, wait, no.
[01:50:16.680 --> 01:50:21.680]  Have you filed criminal charges against them with the feds?
[01:50:21.680 --> 01:50:26.680]  I went to the federal government today, and basically, she lied to me.
[01:50:26.680 --> 01:50:29.680]  They will always lie to you.
[01:50:29.680 --> 01:50:31.680]  Do this by mail?
[01:50:31.680 --> 01:50:32.680]  By mail.
[01:50:32.680 --> 01:50:36.680]  I don't know where I could do that with the feds.
[01:50:36.680 --> 01:50:37.680]  Oh, yeah.
[01:50:37.680 --> 01:50:46.680]  Mail them a verified criminal affidavit, and a federal complaint is somewhat different
[01:50:46.680 --> 01:50:54.680]  than most of the state complaints in that the federal complaint is required to be written
[01:50:54.680 --> 01:51:00.680]  in the verbiage of the statute that you're accusing them of violating,
[01:51:00.680 --> 01:51:04.680]  but that's really the only substantial difference.
[01:51:04.680 --> 01:51:09.680]  You just write up a complaint, and you can look online and find a criminal complaint.
[01:51:09.680 --> 01:51:16.680]  If you can't, email me, and I'll send you a copy of some that we prepared for an IRS agent.
[01:51:16.680 --> 01:51:21.680]  You make up the criminal complaint, and it's short and succinct,
[01:51:21.680 --> 01:51:26.680]  and then you attach to that a statement of probable cause,
[01:51:26.680 --> 01:51:29.680]  which can be a lot more extensive,
[01:51:29.680 --> 01:51:37.680]  and you send that to the U.S. attorney with instructions to present it to the grand jury.
[01:51:37.680 --> 01:51:45.680]  Reason for the instructions is 3332, 18 U.S. Code 3332 says
[01:51:45.680 --> 01:51:51.680]  that if a prosecuting attorney is made known that a crime has been committed,
[01:51:51.680 --> 01:51:58.680]  and if the complainant requests, he must present the complaint to the grand jury.
[01:51:58.680 --> 01:52:02.680]  So you make the specific demand that he present to the grand jury,
[01:52:02.680 --> 01:52:06.680]  and when you do, he's bound by law to do so.
[01:52:06.680 --> 01:52:15.680]  But he won't, because these are public officials, and you're just a nothing pro se.
[01:52:15.680 --> 01:52:19.680]  So he will refuse to abide by law.
[01:52:19.680 --> 01:52:29.680]  Then you file a complaint against him with the local, whatever the closest district judge is,
[01:52:29.680 --> 01:52:36.680]  and you demand that the district judge disband the current grand jury,
[01:52:36.680 --> 01:52:46.680]  cause a new grand jury to be appointed for the purpose of hearing criminal complaints against the district attorney.
[01:52:46.680 --> 01:52:52.680]  Reason being, the district attorney is the one you're filing complaints against,
[01:52:52.680 --> 01:52:57.680]  and that grand jury has had experience with this district attorney,
[01:52:57.680 --> 01:53:03.680]  and therefore will be disqualified, will be influenced.
[01:53:03.680 --> 01:53:06.680]  So it would be inappropriate for them to rule on it.
[01:53:06.680 --> 01:53:11.680]  Okay, understand, all this stuff I'm asking you to do, they're not going to do.
[01:53:11.680 --> 01:53:12.680]  He's going to refuse.
[01:53:12.680 --> 01:53:20.680]  You also file a request that he appoint an attorney pro tem,
[01:53:20.680 --> 01:53:23.680]  because we need somebody to prosecute the prosecutor,
[01:53:23.680 --> 01:53:27.680]  and since the prosecutor himself is the accused, he can't do it,
[01:53:27.680 --> 01:53:31.680]  so you need to appoint someone else to do the prosecution.
[01:53:31.680 --> 01:53:35.680]  And the judge is obviously going to refuse.
[01:53:35.680 --> 01:53:41.680]  Then you file against both of them in Washington, D.C.
[01:53:41.680 --> 01:53:50.680]  What this will accomplish is it will put the judge in a position to where he has to answer
[01:53:50.680 --> 01:53:55.680]  to higher level political officials.
[01:53:55.680 --> 01:54:00.680]  And Ken's second law, everything is politics.
[01:54:00.680 --> 01:54:10.680]  This judge is going to be one unhappy camper when he's got criminal charges against him floating around in Washington, D.C.
[01:54:10.680 --> 01:54:12.680]  Now he's got D.C. looking over his shoulder.
[01:54:12.680 --> 01:54:20.680]  He's going to be back to this U.S. attorney saying, Bubba, you got to get this fixed.
[01:54:20.680 --> 01:54:23.680]  The only way we're going to get into the federal system,
[01:54:23.680 --> 01:54:33.680]  and there's more about the federal grand jury, but we have so many callers I don't want to go that far yet.
[01:54:33.680 --> 01:54:42.680]  If we get that far, then we'll go into how to fight our way past the U.S. attorney and get to the grand jury.
[01:54:42.680 --> 01:54:48.680]  But the first thing is the complaints, and file the complaints against them.
[01:54:48.680 --> 01:54:53.680]  I'm sorry, I should have thought of this first, a writ of mandamus.
[01:54:53.680 --> 01:55:00.680]  This is what a writ of mandamus was designed for.
[01:55:00.680 --> 01:55:02.680]  Okay, what state were you in?
[01:55:02.680 --> 01:55:03.680]  Arkansas.
[01:55:03.680 --> 01:55:06.680]  Could you elaborate on that Latin word you just said?
[01:55:06.680 --> 01:55:07.680]  Writ of mandamus.
[01:55:07.680 --> 01:55:09.680]  Oh, writ of mandamus.
[01:55:09.680 --> 01:55:11.680]  Mandate.
[01:55:11.680 --> 01:55:13.680]  I'm sorry, I said writ of mandamus.
[01:55:13.680 --> 01:55:14.680]  I'm brain dead.
[01:55:14.680 --> 01:55:16.680]  Writ of habeas corpus.
[01:55:16.680 --> 01:55:18.680]  The word gets worse.
[01:55:18.680 --> 01:55:19.680]  Okay, habeas corpus.
[01:55:19.680 --> 01:55:25.680]  Bring the body before me and show me why he's being deprived of his liberty.
[01:55:25.680 --> 01:55:27.680]  That's what a writ of mandamus is for.
[01:55:27.680 --> 01:55:39.680]  And this is the absolute reason a writ of mandamus was put in, to keep the courts from barring someone from justice.
[01:55:39.680 --> 01:55:46.680]  Go online, look up writ of habeas corpus, Arkansas.
[01:55:46.680 --> 01:55:49.680]  And you should get a number of hits.
[01:55:49.680 --> 01:55:52.680]  Have you done any legal research?
[01:55:52.680 --> 01:55:57.680]  I'm learning, but I've had several law libraries look up case law.
[01:55:57.680 --> 01:56:05.680]  As a matter of fact, so far I've had three law libraries tell me they couldn't find anything in Arkansas that remotely connected with what's happening to me.
[01:56:05.680 --> 01:56:07.680]  They've never even heard of it.
[01:56:07.680 --> 01:56:11.680]  This is unheard of behavior.
[01:56:11.680 --> 01:56:15.680]  Absolutely improper.
[01:56:15.680 --> 01:56:19.680]  And they'll have no defense on it.
[01:56:19.680 --> 01:56:22.680]  And finally, the librarians can be real helpful.
[01:56:22.680 --> 01:56:26.680]  What you need here is writ of habeas corpus.
[01:56:26.680 --> 01:56:28.680]  It's an emergency writ.
[01:56:28.680 --> 01:56:40.680]  Generally, when you file a writ of habeas corpus, you take it to the clerk, give it to her, she puts a case number on it, sticks it in an envelope, gives it back to you.
[01:56:40.680 --> 01:56:44.680]  And you take it and give it to the judge she assigned it to.
[01:56:44.680 --> 01:56:50.680]  If she doesn't give it back to you, she is supposed to take it to the judge herself.
[01:56:50.680 --> 01:56:55.680]  This is an emergency writ and everything stands down before it.
[01:56:55.680 --> 01:57:04.680]  Now, I'm talking about Texas law, but generally the laws are the same.
[01:57:04.680 --> 01:57:10.680]  And I fully expect, especially with a writ of habeas corpus, that it will be the same in Arkansas.
[01:57:10.680 --> 01:57:16.680]  When a writ of habeas corpus is filed, everything steps aside for it because it's there to protect your liberty.
[01:57:16.680 --> 01:57:20.680]  So give it to the clerk, she should give it back to you or take it to the judge herself.
[01:57:20.680 --> 01:57:22.680]  You go in the courtroom.
[01:57:22.680 --> 01:57:31.680]  Montgomery, Texas, they stopped a murder trial so the judge could hear my petition for a writ.
[01:57:31.680 --> 01:57:36.680]  He denied my petition and had me thrown out of the courthouse.
[01:57:36.680 --> 01:57:40.680]  But at least he heard it.
[01:57:40.680 --> 01:57:46.680]  So I'm not done with him yet, but that's the next step.
[01:57:46.680 --> 01:57:56.680]  And I can assure you, whatever happens with that writ, if you make assertions of criminal conspiracy
[01:57:56.680 --> 01:58:05.680]  and acting in concert and collusion to deny you the right to petition the court for redress of grievance,
[01:58:05.680 --> 01:58:10.680]  everybody's going to start getting nervous.
[01:58:10.680 --> 01:58:17.680]  Working with someone in Minnesota that the court has just been railroading her,
[01:58:17.680 --> 01:58:25.680]  finally got her to file a whole stack of bar grievances, criminal complaints against everybody except the sitting judge.
[01:58:25.680 --> 01:58:27.680]  With Gail?
[01:58:27.680 --> 01:58:30.680]  And we just haven't got to him yet.
[01:58:30.680 --> 01:58:32.680]  We're giving him a chance to give a ruling.
[01:58:32.680 --> 01:58:35.680]  Yeah, for Gail.
[01:58:35.680 --> 01:58:41.680]  And the judge has ordered that she made allegations against the clerk.
[01:58:41.680 --> 01:58:45.680]  The clerk was not letting her file documents.
[01:58:45.680 --> 01:58:49.680]  The bailiffs were stopping her from going into the court.
[01:58:49.680 --> 01:58:51.680]  Okay, Randy, wait a minute. I don't know if you hear the bumper music.
[01:58:51.680 --> 01:58:53.680]  We're about to go to break.
[01:58:53.680 --> 01:58:55.680]  We'll talk some more about this on the other side.
[01:58:55.680 --> 01:59:03.680]  And callers, please hold. We'll get right to you.
[01:59:25.680 --> 01:59:40.680]  Mr.
[01:59:40.680 --> 01:59:55.680]  Robin.