We Are The Banks



Little do we realize that ...  We Are The Banks!


President Abraham Lincoln implemented a Monetary Policy in his administration that was based on the above truth.  The account below, related by Henry C. Carey in 1865, explained what effect this truth had on our economy back then.  It can have the same effect today - IF we realize that We Are The Banks. We only need a common clearinghouse of our own to implement it!


“The way to outdo England without fighting her” - by Henry C. Carey, Feb 13, 1865, Letter 12,
The Currency Question, p. 129

Perhaps an END-RUN around those enslaving us may be the best option at this time of imminent financial collapse, by recognizing:

1) that "We are the banks", 

2) that all BILLS are merely OFFERS of our own credit (credit vouchers) evidencing our "for-given" labor credit, and merely need our signature approval to discharge in truth the associated debt obligation, 

3) that said signature-acceptance creates a binding simple CONTRACT, 

4) that we can  defend said contract by NOVATION, 

5) that we can file suit for BREACH OF CONTRACT when said good-faith discharge is dishonored/refused.



WE need to understand and use our
POWER OF ACCEPTANCE and what constitutes an OFFER!


In short, the BILLS themselves become the lawful and legal tender which are already in circulation, and only need our signature-approval to negotiate a SETTLEMENT of the underlying, pre-existing OBLIGATION of the debtor-institutions to the creditor-people.


WE are the CLEARINGHOUSE!


A UNIVERSAL HUMAN RIGHT IMPLEMENTED BY A CREDIT LINE

http://www.un.org/Overview/rights.html#a25

UDHR - Article 25.1 "Everyone has the right to a standard of living adequate for the health and well-being of himself and of his family, including food, clothing, housing and medical care and necessary social services, and the right to security in the event of unemployment, sickness, disability, widowhood, old age or other lack of livelihood in circumstances beyond his control."  

Why could not this Universal Human Right be implemented by: 
1) extending to each "person" a credit line for same (which BTW is their OWN CREDIT by RIGHT), and then 

2) providing a program to use on their own computer that is remotely "audited" to prevent fraud and abuse as they ledger transactions of their timesheet labor
repayments, and likewise, their cost of living expenditures?


We have the BLOCKCHAIN technology that can easily accomplish this.

We just need the awareness and will to demand it. 


In below folder, see the sample REPAYMENTS.xlsx spreadsheet file that could be used to track such transactions:  https://drive.google.com/folderview?id=0B8BdR0w2oZY_dHR0azVYc3JEVVk&usp=sharing




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