hat you make of this information is entirely up to you; and said information is ""NOT"" necessarily endorsed by RMN, any of the other agents/writers that appear on this forum, or any person or entity who mayprovide support for the hosting or distribution of RMN.

""THIS AUTHOR IS NOT A LAWYER,

HAS NO LICENSE TO PRACTICE LAW,

AND IS NOT A MEMBER OF ANY BAR ASSOCIATION.""

What you are about to read is only intended for intellectual exploration, public discussion of ideas and constructs, and for the betterment and enlightenment of any and all who participate, including this author. If the reader elects to believe that this is ""advice"" let it be known right now, that NO such ""advice"" is offered now and/or in the future.

The information you are about to read may seem to be ""sensationalistic"" or ""extreme"" at first glance; but it is only the truth. Your author has seen many people get visibly upset when these topics are elaborated upon. These things are very difficult to come to terms with; and nobody wants to learn that they have been played for a fool. There are however many things that can be done to eliminate this condition, as we will discuss; so try to keep in the back of your mind ""Don''t get angry, get even,"" because that is exactly what you will be shown how to lawfully do.

It should also be stressed that ANY acts of violence, demonstrations, or dissention are acts in futility and are things the money cabal is waiting for; a chance to pounce. When you have mastered the dynamics of the economic system and how your rights can be used for YOUR betterment, you will come to understand the horrific and catastrophic damage that can be inflicted on ANY foe with a few simple strokes of a pen. They are unprepared to deal with an educated and patient tactician; they become helpless and quite pathetic when standing toe-to-toe.

PLEASE do not be upset with me personally; I had NOTHING to do with the system as it now exists. The frustrations and anger that people experience when first exposed to the truth is a perfectly normal reaction. However, the system as it stands is one of the most diabolical and nefarious things created since the time when man began to walk upright. There really are people who are fixated on controlling/manipulating the entire planet, and it is completely irrelevant whether or not we can relate to, or explain, the levels of sickness, insecurity, and the outright delusional state that would place someone in that mind-set. Besides, that would not negate the overall reality. What is a certainty is that their system needs to be dismantled and exposed for the world to see in a way that can be understood. In other words, the real translation barrier is: that it is nearly impossible to tell an honest person how a scam really works. The mind of a decent and loving soul is not equipped to be on the lookout for such hideous things; for it would never dawn on them that the danger existed in the first place.

This work is an attempt to give the ""average"" person a more realistic chance at prosperity and freedom, by showing them where the tools are to fix the matter for themselves.

PLEASE NOTE: Your author HIGHLY recommends finding a quiet space and the appropriate time to read and absorb this information; it is most assuredly in your best interest to do so. Your author also recommends (read: ""begs you"") to NOT use my grammatical errors, typos, or linguistic shortcomings as a reason/excuse to ignore the overall message; said author is ""just some guy named Steve,"" nothing more, nothing less.

With that in mind, let us pick up where we left off in the introductory post of the series: http://www.rumormillnews.net/cgi-bin/config.pl?read=26556 (consider reading this first if you have not done so yet.)

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Right now one thing that most people have in common is debt; if you believe ""you"" don''t have any, you are sadly mistaken. There is not ""one"" inhabitant of the United States, or any other ''alleged'' nation-state that is not in debt (share of national debt), and for some, the high levels of personal debt are literally suffocating and destroying them. Later on we will return to this subject, when it will be understood in much greater detail and clarity. At that point, the overall nefariousness of the plan behind the apparent random acts of madness sweeping the planet should also become more obvious.

It would be worth your time to understand this material as well as possible considering that it is a major piece of your overall functionality within this alleged ''advanced'' society we participate in. The subject of advanced societal delusions, and mass participation within them will also be discussed later when the timing is more appropriate. Debt can be broken-down into two basic (but non-inclusive) categories: Secured and Unsecured. Blacks Law 7th edition: ""Secured debt. A debt backed by collateral."" A ""Secured debt"" is one where an accommodation party, asset, collateral, or tangible is pledged as a security in the event a borrower/debtor should default on the original promise-to-pay; this enables the lender to take immediate and total control of the Security. This also reduces the overall exposure/risk to that which might exist beyond the value of the security, and in most cases is an incentive to enter into the agreement.

Blacks Law 7th edition: ""Unsecured debt. A debt not supported by collateral or other security.""

An ""Unsecured debt"" has nothing in terms of collateral to support it, other than the ''Signature'' given to initiate the promise to pay. The primary reason that there is such a wide and available market for unsecured debt is because of the exorbitant interest rates attached for the ""privilege"" of having it. The underlying issue is that the usury credit cycle is nearing an end, and the only ""money"" to be had by the common man must be borrowed; thus deepening the dependence on borrowed money, and accelerating the mathematical CERTAINTY of an individual default/bankruptcy. This phenomenon has been leading to a GLOBAL super-cycle bankruptcy/default that will soon reach a critical mass. You can feel it coming, can''t you?

To expedite this initial example, your author will describe the unsecured debt issue first. This particular form of debt is what almost everyone with a pulse can relate to in some form, and is what this author considers to be the most bizarre. Common forms of unsecured debt (A.K.A. -- Signature loans) would be: store-cards, credit-cards, student loans, medical bills/hospital bills, and taxes.

The recent two-year trend toward refinancing ones ''secured'' debts (i.e. a home), to extract equity for consolidation of other debt (implying to ""secure"" the unsecured debt) has not occurred by mere chance or accident; in fact, there exists a very nefarious set of reasons why this is occurring right now and those reasons will be elaborated on shortly. In short, the extraction of remaining equity with the seductive ''siren-song'' of write-offs for tax purposes, and ''interest savings'' is nothing short of the worst possible choice to make for your real long-term outlook.

The truth is, an unsecured debt can be written-off/discharged so easily that words can not adequately describe the action. This is something the money cabal knows very well, and has made every effort to snare as many people as possible into trading their home equity for unsecured debts payment and consolidation. What every recent mortgage holder may not be aware of is a little known legal nightmare called ""UCC Revised Article 9."" This abomination is now included in most mortgages to allow for the non-judicial strict foreclosure in the event of a default. Translated into plain English, this means that the bankers can have the local County Sheriff evict the current occupant without ever having to appear in court to defend their position.

By tapping into the remaining equity positions established during the boom, the average individual or family now has little to no financial cushion; this very fact has exponentially increased the likelihood of default. What is more important/alarming is that the bankers, and their masters at the fed/imf/wb, are tickled pink that people are voluntarily trading the value established in their homes for a debt that truly never existed. That last line is so important that I will attempt to say the same thing in a different way to assure this concept is NOT overlooked: There is no money behind the ''issuance'' of unsecured debt, only a ""promise to pay"" initiating digital credits. If you break your promise, or dispute the alleged debt, there is no posted security (asset of some kind) that could be lost or taken from you. You have now been ''programmed'' to believe that trading REAL equity/value/public-funds for a miniscule savings in the rate of usury to reduce your ''monthly installment payment'' is a wise/sophisticated thing to do. You have inadvertently, and voluntarily, securitized your ""unsecured debt"" and made the people at the bank, and the ones behind them unfathomably wealthy. Just think and with your money given to them, for almost NO EFFORT other than some ledgering activities and billing costs, they can afford all of the things that YOU can not.

The best way to describe unsecured debt is to start from the beginning and examine: how it comes to be, how it is serviced, and how it can be addressed and eliminated.

THE BAIT AND SWITCH:

What we have here is what was referred to as the ''bait-and-switch'' in the con and grifter/grafter rackets. Unfortunately this is not some quaint story about some clever fella'' of yesteryear; this con game is real, and it is going on in plain view everywhere you care to look. Getting familiar enough with the terms and overall con-job to the point where you have obtained an under-standing is difficult at first, but you have a most vested interest in doing so.

When an individual fills-out a credit card application, they are normally required to state a variety of private information. It is quite common for the debtor-in-waiting to volunteer their address, phone number, social insecurity number and other information. At the bottom, or end, of the agreement there is a line where the individual applies their ""Signature."" Before that word is used again, let us review the legal definition of signature, as well as some other definitions that are relevant to initiating an agreement or contract as stipulated in the eyes of the law/courts.

As found in Black''s Law 7th Edition:

Signature. 1. A person''s name or mark written by that person or at the person''s direction. 2. Commercial law. Any name, mark, or writing used with the intention of authenticating a document UCC §§§§ 1-201(39), 3-401(b)

**A link to the UCC §§§§ 1-201 (1-36) General Definitions, can be found here:

http://www.law.cornell.edu/ucc/ucc1-201.text.html

**A link to the UCC §§§§ 3-401 (b) Signature, can be found here: http://www.law.cornell.edu/ucc/3/3-401.html signatory (sig-nèè-tor-ee),n. A party that signs a document, personally or through an agent, and thereby becomes a party to an agreement.

Here is a little gem gleaned from the IRS web-site taken from page two (2) on the link: The generally accepted legal definition of signature is very broad:

http://216.239.37.100/search?q=cache:R9MQQFtflfkC:www.irs.gov/pub/irs-sca/1998038.pdf+%22legal+definition+of+signature%22&hl=en&ie=UTF-8

"[t]he act of putting one's name on the end of any instrument to attest its validity; the name thus written." See Black's Law Dictionary 1381(6th ed. 1990).

See also Webster's New International Dictionary (2d ed. 1934)(defining signature as "the name of any person, written with his own hand to signify that the writing which precedes accords with his wishes or intentions").

1 U.S.C. §§ 1 provides that "in determining the meaning of any Act of Congress, unless the context indicates otherwise, signature includes a mark when the person making the same intended it as such."

Did you notice that the ""latest"" version of Black''s Law has a different, much more abrupt definition of Signature than the 6th edition?? Well that again is no accident. Every effort imaginable is being made to disconnect the individual from the notion that your ""SIGNATURE"" attests to the validity of something because YOU are valid - you think, therefore you are. The implications of changing the definition of signature should be taken with a bit of the shivers for it distances the average person from justice and the availability of remedy. However, this is not the only example of a word changing its implied meaning slowly over time. Just like the history books are written so that the least amount of useful information is passed off for ''knowledge'', so too are the words behind the history.

That signature also indicates that the signatory agrees that the matters discussed (on paper or other) are within his wishes. This is a VERY important point because if someone has ''forced'' or ''fraudulently introduced'' an agreement upon you, you are not liable for the matter if it can be proven. (N.B., this is going to play a major part in the liberation process; the proof is ''all over the place'' if you care to operate and function outside of the ''collective''.)

This ""Signature"" places in motion many unique and strange events: 1. It boldly states that the signatory has consented to the full terms of the agreement, and becomes a party to that agreement. By doing so, the full stipulations (if any) as to how matters of conflict and dispute are treated apply; these administrative or remedial solutions are not always handled through standard court proceedings. Depending on the contract, there may be provisions for Strict Foreclosure also referred to as Non-judicial Foreclosure because the court is NOT involved. For the most part this Non-judicial method applies to Secured debt, and will be discussed in greater detail when that topic arises later.

2. Many credit applications have a stipulation or inclusion, that by applying your ""Signature,"" ALL of the information that you have given to be reviewed for ""credit worthiness"" (also via your credit-report) is true, complete, and certain. (or ""The Truth, The whole Truth, and nothing but the Truth"") In essence you are swearing that you have NOT lied, deceived, or entered into the agreement with any preconceived intent to commit any fraud or other nefarious means. (You did not conduct business with the intent to screw anyone.)

In order to ''qualify'' for unsecured credits, one must swear that they are not only in a position to pay back the obligation, but are liable for loss of privilege(s), or possible criminal prosecution. If the legal department at the alleged creditor-in-question should determine that there was INTENT to commit a fraudulent activity, they may elect to further their scope of options. There is really NOTHING in that agreement that holds the alleged creditor liable if THEY were to commit a fraud or other nefarious act. That is because you have the Free-will to EXIT the agreement if you can prove that the alleged creditor has not acted in good faith. Unfortunately, the options of the consumer or debtor are not readily discussed or KNOWN to be available; this of course is no accident either.

3. In relation to a credit agreement, the signature is the origin and the beginning of the ''promise-to-pay'' creation process. This might sound very strange and possibly quite alarmist, but it is 100% correct and directly ties-into point number two (2) directly above. The Signature is the BAIT of the bait and switch scam. Ever since 1933 when the United States declared itself to be bankrupt and HJR 192 (House Joint Resolution) was passed, gold ceased to be the real baking of the currency. It was even attempted to convince the private citizen that THEY must turn over their private holdings of Gold and Silver. Ever since that moment the only way to lawfully terminate a monetary obligation is through discharge Dollar for Dollar. This is because the ""Notes"" known as Dollars, (or insert worthless fiat currency ''Name'' here) that we use for an exchange of value is in all reality a DEBT obligation of a bankrupt country. There is no value inherent in exchanging ''dollars'' (Gold & Silver) as it is actually the passing on of an obligation/liability, NOT the exchange of VALUE. This will be elaborated on in great detail after the example section.

4. With the application of your signature, you have created money out of thin air. At first glance that sounds great but there is a caveat; the NEW obligation created the PRINCIPAL, just not the interest money that you allegedly owe. If you were to tender payment in full your liability toward paying the interest would be negated as would the overall liability. Wait until we discuss PRIVATE ways of tendering that payment-in-full.

The bottom line on signatures is this: your signature is only present as long as YOU intend it to be, and no one can PROVE otherwise. A ''hand writing analysis'' can NOT bear evidence to the first hand knowledge of facts. Your Autograph (particular scratching pattern, style, etc.) is NOT the important point of relevance; your CONSENT is what is signified and that has significant intrinsic value. This will become clearer as we proceed. Now we can say that the application can be turned-in to the future master of your choosing. When the application/contract is received it has become a signed document, right? Well this document is also known as a negotiable debt instrument, a different kind of currency as recognized by the laws and codes of commerce. (Similar to a check, draft, certificate of deposit, etc.) A bank or lending institution has a license to do something that mere mortals can not; they can ""monetize"" a negotiable debt instrument. The creditor/lender has NOT loaned me anything yet, they have only received a negotiable debt instrument that has been turned into a document of substance and value because of the SIGNATURE that it bears. That Signature represents a living flesh-and-blood individual that is capable of performing SOME kind of worthwhile activity or contribution; THAT is the basis of the security and collateral that brings this ''value'' into the equation. The ""Switch"" in the bait and switch scam comes from what occurs next.

NOTE TO READERS OF RMNews: The above paragraph elaborates on ONE of the points being discussed in the recent series of articles by Durham/Patriotlad. If you re-read that paragraph again, do you see the similarities in both form and functionality? If you do, this should become the ""alarming"" imagery that your ""little voice"" has been telling you about. The sheer size and scope of the ongoing system of fraudulent agreements (also including void judgments -- more on those later) is similar in many ways to describing the concept of infinite space to a child. You can make the best of efforts with no assuredness that you will impart the intended receiver with ANY clarity. Thus the challenge continues .

ADDITIONAL NOTE: Before the word ""Money"" is used again, let us first review the legal definition as found in

Black''s Law 7th Edition:

Money. 1. The medium of exchange (emphasis by this author) authorized or adopted by a government as part of its currency . UCC §§ 1-201(24)** 2. Assets that can be easily converted to cash . 3. Capital that is invested or traded as a commodity .

Fiat money. Paper currency NOT backed by gold or silver.

Lawful money. Money that is legal tender for the payment of debts.

Real money. 1. Money that has metallic or other intrinsic value, as distinguished from paper currency, checks, and drafts. 2. Current cash, as opposed to money on account.

Money demand. A claim for a fixed, liquidated sum, as opposed to a damage claim that must be assed by a jury.

**A link to the UCC §§ 1-201 (1-36) General Definitions, can be found here: http://www.law.cornell.edu/ucc/ucc1-201.text.html Now that the alleged creditor has received your signed promise to pay (monetized YOUR negotiable debt instrument) they take the newly created asset and post it to THEIR ledger books as their asset. With this NEW asset on the books, they magically have the necessary credits to send out to others on your behalf once the card has been placed into service. This new asset they CLAIM to be THEIRS is what they are allegedly LOANING back to you with high rates of interest attached. Do you get that? The creditor has taken YOUR asset, claimed it to be theirs, and loaned it back to you at interest.

""They did not have a big pile of cash in the closet waiting to be borrowed via credit card. In fact, they essentially started their business with some signatures."" GM 12.25.02

Most people are under the assumption that there is some real money (not for the last 89 years) going back and forth between individuals, businesses, and other hubs of commerce. The reality is that NOTHING could be further from the truth; there is SOME money in the system in the form of INCOMING money drafted from real accounts, and that representing public funds. (FRNs in circulation) One of the reasons that lenders are always looking to increase their customer base is to solidify and expand the ponzi-scheme of incoming payments to satisfy the obligations the customers. To the old-timers out there, this is also referred to as check kiting; the process of bouncing payments from one account to the other before the funds actually clear and transfer.

Let us begin with a $10,000.00 credit card example being used in commerce. When the card/account holder decides to spend, or make a purchase one would believe there is 10,000 in CASH laying somewhere that is being used for the transaction. This is close, but the reality is that there are only digital credits bouncing from one account to the other. If the account holder has a 10,000 limit, and is only using 3,000 - that leaves the alleged creditor with an additional 7,000 on their books that they can loan-out to someone else until you draw upon it, or to use it for additional collateral/leverage. This might sound somewhat rational, but it is nothing by itself. When you expand the example out to a BILLION or more individuals, that is when the bigger picture comes into focus. This is one of the many reasons why the system can and does still function for the time being. Are you starting to see how insidious this is?

Here is where things get even more interesting. Let us imagine that the card has been well used without sending more than ''monthly minimums'' in for payment(s), and that only 500 credits remain available before denial of service/over-limit defaults kick in. This means that you have spent the vast majority of your available credits on goods or services as you saw fit to do; hopefully you bought gold, took cash advances, or purchased other DURABLE goods that will have a long service life. To do so would be using the value inherent in the credits wisely. The only bad part is that you allegedly have to re-pay the credits that you created, and add the additional interest expense (the life-blood of the parasitically challenged.)

Let''s take a quick moment to review. The application was filled out and became a sworn and signed document. The document then became a negotiable debt instrument. That instrument was monetized and claimed by the alleged lending institution as an asset of THEIRS. An account of 10,000 credits was established for the holder of the account to use with the alleged debtor''s asset. And lastly, 9,500 credits were used in the acquisition of goods and/or services leaving roughly 500 credits remaining. Sound right so far? Well that was the fun part on behalf of the consumer, using the credits to acquire things of value. Every time that the card/account was used for those goods and/or services, someone on the receiving end was credited for their participation in the transaction/commerce; THEY WERE PAID IN FULL, or more accurately, they received the apparent value they were consenting to receive. The alleged creditor also gets an additional payment from the MERCHANT (provider of the goods and services) as a fee for providing an apparent ease of transaction, as well as for possibly facilitating a transaction that would NOT have been possible without the additional credits being available. So above making money on another party''s asset, and charging that party the interest for the privilege of accessing the party''s asset (along with other fees and service-charges), the ALLEGED creditor also soaks the merchant on the other end for additional revenue as well. But wait, there is a lot more where that came from.

To make this example as realistic as possible, let us imagine that the card/account holder has lost their job or has fallen on hard times and is unable to service (make payments to) the account as agreed in the contract that started this whole mess. In today''s environment this is a very common occurrence, and it is going to become a lot worse and last for a lot longer than anyone is going to believe possible.

The FIRST missed payment:

The alleged creditor has certain ""administrative remedy solutions"" available to them (rules to follow) in order to increase their odds of collecting upon the original agreement. There are a variety of tings they can do, as well as many things that they can NOT do without being in violation of their charter, breaking a law or going against public policy. In most cases the alleged creditor will send the ''reminder'' notice stating that they have not yet received payment and in the event the payment crossed the notice in the course of mail delivery, disregard notice. These are usually very nice and polite reminders for those of us who can be distracted by a busy life, or who have legitimately forgotten to make the payment in a timely manner. But using our example, by the next billing period/cycle the 9,500 balance is now approximately 9,700 as the missed payment was added to the balance as well as any applicable late/penalty fees.

The SECOND missed payment:

Within seven to ten days after missing the ''second'' installment/payment, the alleged creditor will reference their administrative procedure flow-chart"" and begin ratcheting up the pressure. This is the stage where telephone calls begin - seeking to ""talk to you about your problem"" and try to ""work-out a solution."" The reason those preceding items were in quotes is to stress the mannerisms associated with the beginning of a psychological operation: establish contact, start small, establish authority, induce fear and intimidation, and BEND the will of the subject. Keep your eyes open to the way this unfolds now that the stakes have gone up quite a bit and that time becomes a factor in squeezing the alleged creditor. NOTE: Often, when an alleged creditor is calling they are ''recording the conversation'' or have a ''third-party transcribe'' to make notes of the details of the conversation. This allows them to use the information against you, should they EVER decide to bring this matter into the judicial system down the road in order to inflict the most amount of damage minimal of expense and effort.

By the time this section is complete, you will be armed with the necessary information to become a debt collector''s worst possible NIGHTMARE should the need ever arise.

This is also the place/point where your credit report will begin to be adversely affected. Regardless of what your credit report looks like now or in the future, a skilled attorney who specializes in credit law (and carries a bit of ''attitude'') can completely clear your credit report. The minor items can be cleared up almost immediately, whereas the bankruptcy and foreclosure items can take 3-12 months to be permanently removed.

The people who are calling you have been well trained in the art of gentle persuasion; they will charm you at first in an effort to convince you of the urgent need to make some kind of immediate payment. They will begin the psychological ''tearing-down'' process by telling you about years of damage to your credit report, problems getting credit in the future should the need arise, and other assorted drivel. Their goal in this stage is to tear-down your personal self-confidence, and to make you FEEL isolated against an impossibly more prepared foe. When a person believes that an opponent is superior they have already lost; even if they do not realize it yet.

Pay no attention to the little man behind the curtain, he is a sissy. (Although VERY CAPABLE of breath-taking bouts of temper-tantrums and idiocy.)

If they are able to get you on the phone, and record or third-party transcribe your ""consent to conduct business"" (this technically occurs once you have answered even ONE of their questions) telephonically, you have not only cemented and confirmed your adhesion to the contract, but you have provided them with an additional effort-free way of PROVING that you OWE them something. If they have NO PROOF that you have entered into an agreement with them, then HOW could they claim damages without being thrown out of court and counter-sued. (They go down real hard by the way.)

NOTE: The overall impact that this has can be overwhelming: YOU have NO Contract with them until YOU decide to enter into one.

It is this author''s opinion that talking to ANYONE on a telephone, concerning the private and personal business affairs of YOUR life is not only flirting with danger, but absolutely NO GOOD can come from such effort. You have no proof of what was, and what was NOT said. Besides, the fact that these people are strangers and you really have no idea of whom else might be on the phone as well, should provide enough incentive to make you protect your privacy. Remember, you do NOT have to do anything regardless of what you MIGHT be told to the contrary. This is necessary to point-out because the alleged creditor knows that once you stop believing that you owe them something, they are finished. NOTE: If one wanted to speak without liability, there is a need to give a prompt but yet concise statement - cookie-cutter style for easy repetition. An example of something that this author has used personally is directly below.

""I am sorry, but I do NOT conduct business over the telephone.

If you have a matter that needs my attention, please put it in writing and send it to me. Thank you"" Then HANG-UP the phone!

If one were looking to ''buy a little time'' in order to get caught-up, one might have an answering machine screen their calls; or better yet, use an ad-blocker/call-blocker service or even caller ID to screen you from entering into a conversation of ANY kind. Because you are not answering the phone in person, the caller will be forced to leave a message thus negating their chance for contact. It might be wise to transfer/record/document those calls and their dates/times should you ever need ammunition in a collection-related harassment suit against the original creditor.

When the original alleged creditor can not reach you their flow-chart runs into a snag; they NEED to get your attention/contact in order to prove there is an agreement. Without that contact, they become desperate and will make every attempt to obtain it. This can add an additional one to nine months before the account is turned over for collection to a third-party debt-collector (more on this later shortly.)

To those with an ax to grind, or who want to impart the caller with a taste of creativity, you can have all sorts of fun with answering machines. One of my personal favorites is to begin the message with:

""Hello This is Steve."" (wait about 3 -- 5 seconds, and then say)

""Hello Can you hear me? (1 -- 3 seconds)

""GREAT, but I can hardly hear you, could you please speak louder?"" (less than 5 seconds)

""I am sorry; I can hear you but not well. If you could speak louder I will be able to hear you.""

(Wait about 5 -- 10 seconds) (By now they are yelling and are completely unprepared for the punch-line)

""Haaa .Just kidding. This is my machine, please leave a message.""

Well let me tell you, this drives people absolutely crazy. Did you notice that I said; ""please leave a message"" and NOT something like; ""leave a message and I will call you back"" or similar promises. There is no residual communication or agreement with the message as it was given. If the statement to return the call it is made with express consent (the implication) an agreement has been made; this is not desirable in this author''s opinion. Caution and thought are essential.

The THIRD missed payment and beyond:

If we stay within the example, by month three the balance of the account is now around 10,000 with no remaining credit available (if the restrictions of use were to be lifted.) If the matter is stretched out further, the balance can quickly run-up to 13-14,000 with accelerated interest rates (some reaching 30 -- 40 %)) coming into effect. This is NO ACCIDENT as the alleged creditor is desperate to make one last grab for your cash before writing you off.

This is a completely new kind of scam that makes Enron pale in comparison due to the HUNDREDS of MILLIONS affected by it. What is happening behind the curtain is the original alleged creditor is upping the amount you owe them just prior to writing-off the account. Right before the account is revoked, the CREDIT LINE is increased to the TOTAL amount now allegedly due. Just think, you were given a credit advance without even knowing it, and YOU did not get to spend one dollar of it; but you are going to get a bill for it anyway. What makes this so important to remember is the fact that only 9,500.00 in credits were allegedly used/given to the holder of said account. If the amount owed at the end prior to write-off/revocation is say 13,500 +/- there has been 4,000 in additional charges that they NEVER had to pay out by/to the alleged creditor, even with their ""creative accounting"" methods. Wait .it gets worse.

If they do decide at this point (about 6 months for the example) to throw in the towel and write-off/charge-off the alleged account, they are admitting to running out of administrative solutions. They then write-off the account, take a very favorable tax credit, (based not only on the alleged transfers for the goods and services, but also the interest and fees accrued in the process) and are able to release the appearance of losses on FUTURE quarterly reports by the books no longer showing an outstanding liability. On top of those incentives, they then sell the collection rights (Rights of Collection) to a third-party debt collector for PENNIES on the dollar. The real numbers would be about 10-20 cents on average.

In our example, the ending balance due was 13,500.00. The alleged creditor then took a dollar-for-dollar tax credit (13,500) and boosted the next quarter''s results a bit (this could be priceless in a bear market) and then sold the ""rights?"" to another company. If the sale was at the high end, the 20% area, the collector paid/exchanged 2,700 to the alleged creditor. (even the debt collector falls victim to the alleged creditor by having to pay for the rights of an exchange that never was) When this is added to the 13,500 balance, the total take on the ''haul'' was 16,200. This would represent a 6,700 credit for their troubles in having you call their bluff.

Sounds like they did quite well for themselves considering they never loaned me anything, or took ANY real risk because ''public funds'' were NEVER involved. In FACT, they have not been DAMAGED in ANY WAY because they claimed/created 6,700 in additional ledger credits. And that figure does not involve any of the interest payments during the overall life of the account. Does that sound like something is missing? Well it should.

Haven''t you ever wondered ""WHY"" a lending institution which has large office spaces (multiple offices/divisions,) a sea of accountants; auditors; lawyers; and other professionals on staff, would turn the alleged account over to a smaller (in many ways, miniscule in comparison) entity? Are they not equipped to deal with such matters as collecting on their own, legitimate, real obligations?

""How could that be?"" you might ask. This is going to blow you away

The original alleged creditor never loaned you anything, we discussed this. If they had issued real public funds, the ''creditor'' would have a transaction receipt showing what account the dollar credits were transferred from and Verify the debt. Once that transaction record and verification was obtained, they could simply place a lien against future income (judgment or other) and have a judge allow it (using a writ). Another way of saying this without the jargon would be: if you want me to prove I loaned you money look at this; here is my passbook account record, here is the certified check (wire transfer/draft/CD/personal-check) made out to you and cleared through your bank. If the matter was already in the process of going to court, an Affidavit of Facts would be prepared saying the debt is real and swearing to the evidence with my ""first-hand knowledge and understanding."" BOOM, instant PROOF that public funds (federal reserveless notes) changed hands and that I need to pay in kind. (What you just read was a description of what is called Verification) That would make an open and shut case if there ever was one.

The original ''alleged'' creditor is not going to EVER attempt to make that claim in a court; people would be going to prison if they did. Because the exchange of public funds NEVER occurred they are counting on ignorance and gullibility to make you surrender to their whims. The alleged creditor has already made out quite well having the customer for a client regardless of the whining. When they get the account to a third party debt collector they made out again. But NOTHING compares to the scam that is coming up next; this is just sick.

TO BE CONTINUED IN ""EXAMPLE: PART II""

I believe this would be a GREAT place to begin answering questions before we proceed much further. All questions and answers will be compiled in a single post (unless more are needed) that will go on the board for all to see and participate in. (comments and feedback are also welcome.)

""Please do not re-publish any portion of this communication without my express, written consent. It is intended to be intellectually-exploratory and for research purposes only. If it is intercepted or monitored, intentionally or accidentally, by the federal government's Carnovire system, or any other manual system, e-mail system, or electronic surveillance system(s), I now make written demand that I be notified, strictly within the time limit allowed by all applicable state and/or federal law, regarding my status and that of my intercepted communication(s).""

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