Saturday, July 20, 2013

Official Announcement to ALL Banks: A Tidal Wave IS Coming...


Posted: 16 Jul 2013 12:07 PM PDT


Official Announcement to ALL Banks: A Tidal Wave IS Coming...
July 16, 2013

Dear Mr. John Banker

"What I am about to share with you, I realize you may be hearing for the first time. So, I understand this information may be hard to accept at first. Let me assure you it is based on fact, not fiction. Truth, not lies. All  references made are supported by hard data, proving beyond the shadow of a doubt, that this information is more concrete than the pavement that graces the entry way to this very institution...

All loans are fraud. We the people have been duped. We have been made aware of the vast spider web of greed, lies and corruption, taken place over centuries, all designed to enslave us to debt and control every facet of our existence. We come today with a message. Feel free to take it up the ladder. The message is: we've had enough! WE DO NOT CONSENT. Please let them know that we are coming. We are many. We are not scared. And once and for ALL, we will be taking our power back. 

In a short time, you will be given a choice; stand with the people and help create a new way, that works for ALL. Or, become obsolete. The choice is yours....choose wisely"

I found the below message posted on Facebook this morning and was inspired to share it here. What it represents, is merely one of an infinite amount of possible approaches "the people" can/will be taking in the days and weeks to come. At this point, there is no one right way. There is only opportunity to experiment...and each one taken will birth another, and another, and another...

Buckminter Fuller put it so perfectly when he said, "You never change things by fighting the existing reality. To change something, build a new model that makes the existing model obsolete." It's game time...

This example is not perfect, but it is a great start. I also included a comment made on FB, so if anyone would like to use this model and incorporate the suggestion made, feel free to DO so. 

For more research on the fraudulent nature of loans, I highly suggest reading these previous posts:


http://briankellysblog.blogspot.com/2013/05/alert-all-loans-are-fraud.html
http://americankabuki.blogspot.com/2013/02/a-message-from-heather-almost-every.html

This post came to my attention today. I copied & customized it & will mail it to the CEOs of Westpac & ANZtomorrow. Exciting times! Thx Jennifer Holt

15th July 2013

Angela Nykvist
c/o Bendigo Bank
Parramatta Branch
198 Church Street
Parramatta NSW 2150
Angela.Nykvist@bendigobank.com.au

Re: Revised banking practices and new opportunities

Dear Angela,

An avalanche of information has recently come before me that concerns 1) the true legal status of the world’s banks and corporate governments and 2) the actual process that banks use to create ‘credit’ with the undisclosed use of borrowers’ signatures for the bank’s benefit.

The purpose of this letter is to give you and Bendigo Bank an important opportunity to set new standards of behaviour and intent, as the banking sector navigates: 1) the new legal landscape as mentioned above and 2) new ways of doing business with the public based on transparency and legitimate services rendered.

Let me explain…

The following quote from an IMF publication categorically states that the origin of money loaned by banks actually comes from the “borrower”:

“... under the present system banks do not have to wait for depositors to appear and makes funds available before they can on-lend, or intermediate, those funds. Rather, they create their own funds, deposits, in the act of lending. This fact can be verified in the description of the money creation system in many central bank statements, and it is obvious to anyone who has lent money and created the resulting book entries.” 1

Other excerpts from various Central Bank Statements are just as clear as to the origins of money and the creation of credit through standard negotiable instruments:

• “Banks create money when they lend it”2
• “... banks extend credit by creating money.”3
• “What they do when they make loans is to accept promissory notes in exchange for credits to the borrowers' transaction accounts.”4
• “...credit of promissory notes (money of account) become money when banks deposit promissory notes with the intent of treating them as cash.”5
• “Commercial banks create checkbook money whenever they grant a loan, simply by adding new deposit dollars to accounts on their books in exchange for a borrower's IOU.”6

From these quotes it is obvious that the use of promissory notes as credit i.e. cash, is not only legal but also widespread in the industry, a fact not generally known by the public. I will come back to this in a moment.

As mentioned above, it has also come to my attention that according to recent Uniform Commercial Code filings, all the worlds’ banks Bendigo Bank and corporate governments are foreclosed, and therefore all and any alleged debt is cancelled. (Please see attachment for links to the UCC filings).

The reason I am writing to you is to let you know that I have a meeting booked with my local branch manager, with the objective of ensuring they are made aware of the recent foreclosures, how the nature of banking and borrowing has been forever changed and that people are now able to access any additional value they require, for whatever purpose, using the bank’s existing money creation practices.

I will then be providing the manager with the necessary documentation to open a new account with your bank, accompanied by a Promissory Note/Declaration of Value of Deposit to be used as funding to open that account. I will also give them the opportunity to continue to provide banking services to myself, under a revised set of Terms and Conditions that ensures the bank still receives fees from any transactions we may have, whilst maintaining complete transparency and integrity in those dealings.

Please let your branch managers know, so they and your other agents are prepared and awakened to the facts as they stand today, because, as more and more of your customers and the general public become aware of the above matters, many will be seeking to do business with you, only in new and exciting ways.

Finally, this is an open invitation to you personally, to become one of the fore-runners in pioneering these new standards in the banking and financial sector in Australia, and we look forward to a meeting of the public and financial sectors hearts and minds, to create a mutually beneficial partnership going forward.

Without Prejudice, Jennifer Holt
Notice to the Principal is Notice to the Agent and Notice to the Agent is Notice to the Principal
(as per UCC 1-308 and 1-103)

References:

1. The Chicago Plan Revisited, Jaromir Benes and Michael Kumhof, IMF Working Paper August 2012
2. Money Banking & Monetary Policy... Federal Reserve Bank of Dallas, May 2007

3. Quarterly Bulletin, Q1 Vol 48. No. 1. Bank of England, 2008

4. Modern Money Mechanics... Dorothy M. Nichols - Federal Reserve Bank of Chicago, May 1961
5. Walker F. Todd. Affidavit, Chagrin Falls, Ohio, USA, 05 Dec 2003. (20yrs as attorney & legal officer of Federal Reserve Bank of New York & Cleveland)
6. I Bet You Thought... Friedman, David H. Federal Reserve Bank of New York, Dec 1977

Comments:


This letter has good intention by offering the banker an opportunity to "pioneer". My observation is that bankers generally have set definitions for the concept of a loan (lending) that involves proof of collateral. IUV/TOP has, for us of course, changed where the value defining "collateral" comes from and this letter gives info on that, which is grand, however, the traditional mind-set is myopic and will need further proof of the value as "collateral" - because of the difficult to understand legalese in the UCC filings. A banker is not a lawyer and will initially assume it only a purported claim. Whether the money is created on the spot, by signature as these references clearly imply, bankers are still looking to create "secured" loans and we are not seeking a loan (unless it has no conditions for repayment - which of course is not a loan). All efforts to inform are a good step even if not the exact step needed.

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