UncleBuck
Well-Known Member
thanks for the admission that you never spoke out against the neo-nazis doxxing jewish families.Do your own homework.
because you support that kind of thing, being a neo nazi yourself
Functional illiteracy in America
- Thread starter ttystikk
- Start date
because you support that kind of thing, being a neo nazi yourself
UncleBuck
Well-Known Member
nice self own, retard.
choomer
Well-Known Member
I admitted nothing.
I just pointed out your quoting handicap again.
If you have all this dirt, quote it Buckold.
Why is such a simple thing so hard for you to understand?
choomer
Well-Known Member
UncleBuck
Well-Known Member
i can't quote you condemning the neo-nazi crusade against jewish families because you literally never condemned neo-nazis attempting to attack jewish families.
UncleBuck
Well-Known Member
in order to argue against the federal reserve being a government agency, you quoted "federalreserve.gov", which states that the federal reserve is a government agency.Its official.
You can't read.
you're really fucking dumb, but at least you only said baltimore once.
choomer
Well-Known Member
twostrokenut
Well-Known Member
federal reserve notes are negotiable instruments. promissory notes, payable on demand (redeemable): and thus contractual.
if the notes are negotiated to a Person
who acquires the instruments in good faith, for value and without defenses to payment then Person becomes holder in due course.
this is not new shit. bills of exchange go back to 8th century China at least ffs. that's why our constitution set up a non-negotiable currency.
coins and government notes are non-negotiable, may not be held for reserves or used to service interest on the national debt.
if the notes are negotiated to a Person
who acquires the instruments in good faith, for value and without defenses to payment then Person becomes holder in due course.
this is not new shit. bills of exchange go back to 8th century China at least ffs. that's why our constitution set up a non-negotiable currency.
coins and government notes are non-negotiable, may not be held for reserves or used to service interest on the national debt.
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UncleBuck
Well-Known Member
keep annoying the shit out of bank tellers for rolls of pennies, cuck
your poor fiancee will get that wedding ceremony one day
see4
Well-Known Member
That's a quote from federalreserve.gov. so it's their non-smart comment.
Why did you leave out the 2nd part of the post and my question (since you're doing your best to fix my non-smartness)?
Since the Fed is government we have solved the budget crisis!
It needs no taxes, it makes interest and principal back, and it pays the excess of its budget to itself. So why do they hold so much of the national debt?
The gov't owes the national debt to itself. Gotcha!
It is a fiat currency, but remember that quote from federalreserve.gov?
In a process call debt monetizing creating monetized debt how is the note not a debt again?
Hopefully you will learn to source your arguments so you can make claims in a manner that doesn't shame your self inflated image.
I use your links to prove you wrong and you run away.
The Federal Reserve is a government entity.
A Federal Reserve Note is not a debt.
That is settled science. Like global warming and climate change.
End of discussion.
twostrokenut
Well-Known Member
lol a federal reserve note is a negotiable instrument known as a promissory note, payable to the bearer on demand.
aka debt.
you are not correct when you wrongly say that you "pay" things with them, they are discharged to the next holder in good faith.
you know this when you rightly point out the backing behind them..."full faith and credit"
deep down your subconscious knows they are debt because when you go take a loan you never hear: "sorry, but we don't have enough deposits for new loans".
UncleBuck
Well-Known Member
and when you go to take a loan, you never hear "we will be happy to give you this loan based on your history of not walking away from houses you promised to pay for but couldn't afford"
see4
Well-Known Member
The Federal Reserve is a government entity.
A Federal Reserve Note is not debt. It is an instrument to satisfy a debt.
That is 100% categorically false. Your money is safe and loans are covered because banks are regulated under FDIC. It is completely possible a bank can run out of funds for loans from either deposits and/or central bank reserves.
Besides your misinformation, that is completely moot to the point that a Federal Reserve Note is not debt.
Seriously man, stop. If others read this and consider taking you seriously, you are misinforming them, and you shouldn't do that. Only Fox News and Breitbart type folks do that sort of stupid shit. Don't be a non-smart.
twostrokenut
Well-Known Member
you are correct that federal reserve notes are instruments. they are negotiable instruments under the uniform comnercial code in all 50 states.
there are only two types of negotiable instrument, drafts and notes.
both are debt. literally.
in thought you weren't not brighter than this.
UncleBuck
Well-Known Member
hmmmm, who to trust?
the guy who lost his 20% down payment and 10 years worth of mortgage payments and now lives in a trailer, or the guy with about five houses who has never had to do a "strategic default" because he couldn't afford the only home he ever bought?
tough call here
the guy who lost his 20% down payment and 10 years worth of mortgage payments and now lives in a trailer, or the guy with about five houses who has never had to do a "strategic default" because he couldn't afford the only home he ever bought?
tough call here
twostrokenut
Well-Known Member
post up, i will send you some debt for payment just like lenders do when the sell mortgages.
see4
Well-Known Member
The Federal Reserve is a government entity.
A Federal Reserve Note is not a debt.
It was. When it was backed by gold, you could theoretically take it to your local government money store and exchange it for gold. Nixon changed all that. Now you can not take your Federal Reserve Note to your local government money store to get anything but faith.
The note itself is not debt. It was backed by something, in that it held some sort of agreeable value. It not longer has that affect.
A note is a non-negotiable instrument. I can't go into a store and purchase something that is $5.00 with a $1.00 bill. That $1.00 note is non-negotiable legal tender.
You owe me $16.00. First installment tuition.
see4
Well-Known Member
because a mortgage is a debt. a federal reserve note is not. literally.