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 What’s True About “the Debt”:

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Northern Boy
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Northern Boy


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Registration date : 2009-01-26

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PostSubject: What’s True About “the Debt”:   What’s True About “the Debt”: Icon_minitimeWed Jul 29, 2009 2:24 pm

This post would be a long one so I have copied part of it. It is spiritual as well so well worth the read wise words from a women who showed us they way . All we need to do is understand and follow http://spiritualeconomicsnow.net/

Part 1

The ‘debt’ really does exist, but only because we operate in a ‘debt-money’ system. There is no substance; i.e.: money which we can use to pay our debts. Since we, the private, are now the only ones who can create anything of any value, the public (a dead, bankrupt fiction), must rely upon us to make everything happen and that includes creating more debt for everything to function. We all think of ‘debt’ as a bad thing, yet, it is only how this particular economic system operates. So, ‘being in debt’ is a neutral situation – neither ‘good’ nor ‘bad’. ‘Zero-balance’ means that everything is at zero. If the public draws from zero, within a liability/debt account, they have a negative; if they add to zero, they have a positive, yet, because it is all debt/liability, they can have negative debt and positive debt. ‘Debt’ is not bad; it just is.

Conversely, we, the private, create credit. Every time we sign anything, we create credit. “The signature is the money”. There is an asset account, backed by the birth certificate, the application for which was signed by a parent, thereby creating a trust account. It also must have a zero balance. When we draw from it, there is negative asset and when we add to it, there is positive asset. The public operates in debt/liability and we operate in credit/asset, AND NE’ER THE TWAIN SHALL MEET (except via a token, aka a ‘Name’); One account cannot connect with the other. The public operates from debt and we operate from asset. The minute our asset touches the public, it becomes debt and the instant public debt touches the private, it becomes asset. Let’s use the power bill as the example:

The power company has access to the trust account, from which it draws, in order to have the capital to provide us power. At the end of the month, those at the power company send us a ‘statement of account’. What the top part is telling us, without actually stating, is, “We went to your asset trust account and withdrew $100 in order to provide you power; is that alright with you, Creditor? If so, please just evidence your acceptance of this by writing on this statement, ‘Accepted, the account number, the number of the bond backing the account, which only you would have, and your signature.’ As we have sent the cheque for you to endorse, which will bring your trust account balance back up to zero, please sign and endorse it and return it to us with the statement so that we can balance our books.” The story is the same for credit-card statements.

What they actually write is, “Be sure to return the voucher with your payment”, thereby misleading us to think that we are required to give them $100 worth of our labour, along with their cheque which offsets the liability, and nothing else. They are simply soliciting our agreement which our signature indicates. So, the voucher/cheque will balance not only their books but also the asset trust account. But somehow, we got roped into forking over our debt-notes (which they want as much as we do because we all use dollars to obtain what we need and want, yet have nothing to do with the account with the power company). These debt-notes have nothing to do with “paying our bills”; there is nothing to ‘pay’, nothing with which to ‘pay’, and the account cannot be ‘paid’ – it can only be offset with the cheque/voucher they sent us for our signature.

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