Sovereignthink

Upholding Individual, State then National Sovereignty against the Enforcement of Global Governence and Tyranny

Posts Tagged ‘state bank

IntraState State Bank and Commodity Depository Reserve

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International/Fed debt lien backed currency exchange

vs

State debt lien backed w/ partial commodity currency exchange 

vs

Intra-State/Local commodity value backed currency exchange

Currently with multinational corporate fractional reserve banks within the world’s currency exchange,

  • $100 can be leveraged and lend up to $1000 = 1% reserve cash backing + interest loan and lien holdings over customers

Also; Federal Reserve Bank / Big US Six / International Monetary Institutions,

  • $100 can be leveraged and lend up to an infinite amount with derivatives policy and international holding transfers and monetary exchanges.

vs

Currently with State fractional/5% commodity reserve banking (North Dakota),

  • $100 in state taxes/deposits becomes 5%-25% state commodity reserve holdings via purchases through the North Dakota Mill and Elevator Association. 95%-75% become cash reserve holdings in the North Dakota state bank.
  • Offering 5%-25% insulation against non-asset reserve in international debt based fiat currency market systems

VS

New Proposed 90% Intrastate Commodity Reserve/100% Intrastate Corporate Banking,

  • $100 in state taxes/deposits become 90% intrastate commodity reserve holdings in purchases through State Commodity Depository and Treasury, 10% becomes cash reserve holdings.
  • Offering 90% insulation against non-asset federal/international debt based reserve currency market systems
  • Creating a base of 100% intrastate, loans, commodities, goods and marketplace for production and exchange within the state against federal and international tax/regulation free.

Could there be a State Bank and Commodity Treasury… is this intrastate State banking and exchange legal?

The proposed Intrastate Bank and Commodity depository is pursuant to constitutional law, under a state’s sovereign authority (see North Dakota State bank or the Chicago mercantile exchange), to control intrastate public domain based on doctrine of the equity under the law amongst the several states, indeed North Dakota sets an irrefutable precedent.

In North Dakota the historic movement called the Nonpartisan League, actually took control of the legislature and created an intrastate industrial program and exchange (acting much like the Chicago Mercantile Exchange or New York Stock Exchange; only it was based strictly on local ND intrastate commodity production, and intended instead to defend and insulate against external markets and forces such as the newly created Federal Reserve Bank or fractional reserve debt based banking).

The 1919, a  state based legislative program created both; the Bank of North Dakota as a financing arm and the state-owned Mill and Elevator Association to buy and reserve the grain from the local state farmers against federal controlled interest increases.

Let us not look just at the 100 years of profit, stability and success in North Dakota’s State Bank and Commodity Reserve against the federal reserve and international corporation systems but also to their current processes and insulation from abuse or corruption from debt based inflation of multinational currency exchanges.

Current International/Central Banking

Federal taxes

Currently all businesses have IRS withholding bank accounts for their employees taxes, which must be separately kept according to federal law. The private international banks (BofA, Chase, Wells Fargo, US, CITI group, BIS, IMF, Worls Bank, etc; get to use fractional reserve banking to make loans against these ‘hard tax deposit’ accounts in extrastate and extranational accounts and loan for every $100 deposited up to ten times those amounts).

State taxes

Currently local State taxes are collected by the state, deposited and leveraged the same way.

Also sctizens can deposit their Federal Reserve Notes in private international banks, local credit unions or hold it in their homes. The banks get to use fractional reserve banking; the credit unions do not and certainly hard cash or buying gold and storing it at home offers no fractional banking benefits (it only protects you against bank runs/holidays and inflation).

Fractional Reserve vs Commodity Reserve

Fractional Reserve vs Commodity Reserve

A New State Commodity Backed Bank

Would allow for federal taxes;

The of businesses with IRS withholdings to open accounts in the State Bank and for those federal tax deposits a 10% State tax credit/deduction could be earned and…

State Banks would take 90% of deposits and purchase state gold, silver or standardized state commodity from the State Commodity Depository and deposit the commodity stock or good in a State Treasury Public Trust Account.

A 90% interest free loan is drawn against the remaining 10% cash holding in the account, it is drawn against as the ‘state IRS holding account’, to create the 100% to be sent to the IRS.

The Commodity reserve left on deposit in the State Bank is sold at the end of the year and  the yield will close the annual ‘state IRS holding account’. (The remaining balance from dividends of commodity sales will be used for commodity depository treasury security, storage, investment and exchange, as well as state and local operational funds)

State taxes

State taxes are collected deposited in the State Bank. The Accounts again use 90% of the deposits to purchase state gold, silver or standardized state commodity stocks or goods through the state commodity depository.

The state bank loans could draw 90% against the 10% cash deposit holdings for state operational services as well as offering very low interest, tax free intrastate loans for business, research and development within state commodity basket.

These tax holding accounts would serve (like the North Dakota State Bank) to increase the uses and value of the state commodities as well as increase the number of tax free intrastate products and goods available in the local market.

Citizen’s Private State Bank and State Commodity Treasury Accounts

Citizens of the state would be able to create standard accounts for checking, savings, loan, etc. Their deposits again would purchase 90% state gold, silver or standardized state commodity stocks or goods through the state commodity depository with 10% cash reserves for account activities.

A state tax credit/deduction could again be offered for deposits.

Private loans would be eased and enhanced by the personal commodity deposits and 90% commodity holdings. Loans could be made to the individual for uses in intrastate homes, education, medical, business, etc. at little or no interest.

Private intrastate businesses will be eligible for very low interest loans especially for activities of refinement, production and research within standardized state commodities.

What is intrastate, who can participate in the State Bank and Commodity Depository?

Loans to entities other than the counties, cities and incorporated areas within the state, must meet all legal jurisprudence for the determining factors of locus within the state of xxx;

These factors being;

  1. the state of incorporation
  2. the principal seat of business
  3. state of the shareholders
  4. the state of overall investment
  5. the state of the management
  6. the state of persons controlling the business of corporation

Private intrastate banks and credit unions would also be eligible to utilize Intrastate Commodity Accounts for their clients. Counties could even open their own County Banks and County Depositories under the same guidelines and legal structure.

State Bank and Intrastate Commodity Depositorty Flow Chart

The State Commodity Depository and Treasury

The State Commodity Depository and Treasury will primarily be responsible for purchasing, storing, securing and selling the Intrastate Commodities Available through the Intrastate Commodity Account in accordance with state and constitutional law.

Also support the development and research into intrastate commodities in order to increase their use, industry, demand and value (utilizing current state government, military, university and private research institutions).

The State Commodity Depository Board will operate in full public openness to access and standardize the quality, measurements, storage and security of the traded state commodities.

The State Commodity Depository will continually seek to expand the commodities within the state that can be standardized and stored.

Because all deposits are based singularly on intrastate commodities there is no tax or federal regulation on gains or exchanges within most state commodity depository commerce.

In order to quickly raise state funds; under orders of the legislature, with the consent of the people and with the assistance of the State Bank and Commodity boards, The State Commodity Depository can sell to organizations outside of state and enter into federal fees and regulations, such exchanges provisions could be made for these sales and transactions.

State Commodity Depository intra-inter state sales

State Commodity Depository intra-inter state sales

State Commodity Dividend

State Commodity Dividend

What if Utah made gold and silver legal tender and removed taxation of their exchange?

What if Utah removed federal authority from intrastate firearms (made, sold and kept in Utah) do not fall under federal interstate commerce authority.

What if Utah declared all intrastate agricultural products subject only to local state regulations and not subject to the federal interstate commerce authority of the FDA, AMA, etc. and People in Utah could buy, sell and drink raw milk without fear.

What if Utah declared the provisions of the NDAA, where citizen’s fundamental natural rights are violated, to be unconstitutional, void and illegal in the State of Utah?

What if there was an option for true and complete intrastate commerce, that could act as a peaceful, legal; interposition, nullification and insulation from national or global frauds and financial influences.

What if Utah created a State Treasury Bank and removed the dangers of economic collapse, currency inflation and state operational reliance on federal tax dollars as well as developed the wealth, investment, return and benefit of the public domain to the people of Utah?

-sovereignthink

– my related articles –

jekyll-island-II

read-my-lips-the-federal-reserve-will-not-monetize-the-debt

idaho-silver-state-bank-act

utah-silver-and-gold-staged-to-kill-the-bank-utah-vs-fed

state-interposition-act-state-nullification-act

end-the-fed-demand-state-owned-banks


State Interposition Act, State Nullification Act

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The State Bank of {enter state name here}, Corporate Tax Refinement, Community Trust Restoration, Commodity Treasury Repository and Complete Tax Restitution Act

The {enter state name here} Republicing Act of 2011

In the State of {enter state name here} let it so be enacted;

The State Bank of {enter state name here}, Corporate Tax Refinement, Community Trust Restoration, Commodity Treasury Repository and Complete Tax Restitution Act;

or The {enter state name here} Republicing Act of 2011

on this date {enter date here}; to instill state interposition and attain local economic stability; by creating a tropism of local equity, justice and voluntary involvement; as well as, local community trust, ownership, control and benefit from the public domain; this in ultimate support to the Protected and Sovereign, Private and Individual, Personal and Independent, Citizen’s Fundamental Natural Rights, in Defense of the Solely Free Souls, the Living Citizens of {enter state name here} in determining their own capacity and their own local, personal development.

In as such; 

The Officers, Legislature and All Sworn Public Servants, in the service of the State of {enter state name here}, will interpose and prosecute all Unconstitutional, Federal and ExtraState; regulations, mandates, activity, directives and authority, this includes but not limited to the FDA, EPA, AMA, IRS, TSA, ICE, DHS, ATF, FBI and CIA . All Public Servants will be sworn to immediately report any individual unconstitutional action, infringement of State Authority or violation of the Citizenry’s Fundamental Natural Rights.

Corporations not owned in their entirety by citizens of the state of {enter state name here}, may only operate under 10% on profits or earnings made within the state. The 90% Multinational Corporation/ExState Corporate tax will be used for the operation of interstate trade and maintenance of state infrastructure.

Public Corporations and Public Businesses within the State that are owned completely by citizens of the State are obligated only to Local County and City/Municipality Taxes in which they operate.

Publicly made earnings from outside the state by citizens as well as local state corporate businesses are subject to ExState Corporate earnings taxation.

The State Bank of {enter state name here}will be created, owned and operated by Sworn State and Public Officers of Oath; to receive all tax deposits as state operations account as well as offer 100% tax backed non-fractional reserve backed loans to; citizen owned charter projects and local bonded operations.

Local County and Municipal Corporation Bonding will be funded by the New State Bank of {enter state name here}, for locally bonded and qualifying loans. Along with other sound regulations created by the State Bank Loan Board, Public Local bonding loans must reach a percentage threshold of the effected local population as well as financial limit to quality.

(As well as encouraging and benefiting from the ownership of the resources and encouraging local production; Local Bonding becomes a mechanism for only wanted change, supportable and fundable change)

Additional Account Reserves and Growth will be created with the {enter state name here}State Commodity Depository. Where upon Silver and Gold, as well as the primary State Commodities of; {enter State main economic produce, resource and commodity}can be deposited and purchased for deposit; by the citizens, in personal saving accounts, for tax breaks of public gains as well as  investing and benefiting in the Community Trust.

The State Commodity Treasury Board will invest in State projects that improve, develop and increase the value of the State Commodities and Resources. These Projects with local citizen matched bonding will receive the best loan rates and priority funding from the State bank. The reinvestment in Research, Development, Refinement will allow ownership, local control and direct investment in the growth of wealth and enrichment of the State’s economic strengths.

Individual Citizens and their Peaceful, Voluntary, Personal and Private Business Are Un-Leinable from any State or Public Activity; Being Free Living Beings, They are; Lawfully, Constitutionally and Morally exempt from; Taxation, Regulation and Infringement of the Necessities of Their Life’s Survival, these primarily being; Food, Clothing and Shelter, as well as Sovereign and Free from Involuntary Usury of Life’s Personal and Non Public Domain; Decisions, Activity, Pursuits, Happiness, Joy, Production, Exchange, Progeny and Creation.

Each new afore mentioned State Institution will establish a Board of Professionals and Representatives, comprised of Sworn State and Public Officers of Oath, to manage each Public Institution. The State Institutions will act with complete public oversight under County Commissions, that will each send 7 person civilian committees, with complete access for quarterly reviews.

No part of this act shall incur or reflect exclusive or monopolistic powers to the state over any private and public field of business in similar economic and social operation, but should reflect a free and voluntary, State invested, just, equitable and sustainable alternative in the public domain.

-sovereignthink

Corporate Personhood – SANTA CLARA COUNTY v. SOUTHERN PACIFIC – The RailRoading of America

$500 Dollar Silver – Idaho Silver State Bank ACT

The Balloonist of the Emerald City – The Inflationist of the Greenback DC

California Water Story – This is Chinatown USA – a planned, controlled fleecing of America

Max Keiser Right About Silver Fairytale – The Rise and Fall and Rise of the Bi-Metalists

Max Keiser, Peter Schiff and L.F Baum; Right About Silver Fairytale

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The Rise and Fall and Rise of the Bi-Metalists

A Return to Normalcy? I’d Take a return to anything rather that this privately controlled debt/slave based value system

($dollar bill$=federal reserve bank debt obligation note) 

The Dead Liberty Dollar and the Silver Death Sentencing?

They will send you to prison in the land of OZ if you find the courage to mint a coin that could compete with the Private Federal Reserve Bank.

They will confiscate all your life’s work in the land of DC if you have the brains to see where the yellow bricks lead and discover the way to sovereignty.

 They will take all that is left of your name, love, life and dignity in the land of NC if you have the heart to set free, set sound and set real value to the individual creativity in your community.

If we click our two pieces of silver together, each of us, that much demand in the markets will dissolve the wicked east and west, global international corporations, it will dissolve the financial conglomerates.

 It will expose the Inflationist, the Balloonist, of the Green City and the Illusion that has been propagated in its controlled service sector society.

It will expose the unfounded, unnecessary and imposed system of fraud and control that sets debt to be owed as the only legal measurement of our very lives and accomplishments in the emerald paper we pay to produce.

The Bi-metal wars before corporations were people have long been forgotten.

Lincoln remembered, Kennedy remembered.

Who will have; the courage, the brains and the heart, to click the silver together one last, final and third time to bring us home?

Who will be the ones to stand cornered, in the fortress of the wicked East/West to dissolve the corporate power and stop the very enslavement of those that hold the spears of the distant governance and global corporations?

Who will innocently and peacefully wash the filth away with water?

Who will liquidate and dilude the solidified corruption?

Who will pull back the curtain?

Who will over turn the tables,  make the silver count and count the silver to reveal the secrets of the temple of OZ?

-sovereignthink

State Interposition Act, State Nullification Act

It would set us free to return to home with absolute property rights.

$500 Dollar Silver – Idaho Silver State Bank ACT

The Balloonist of the Emerald City – The Inflationist of the Greenback DC

California Water Story – This is Chinatown USA – a planned, controlled fleecing of America

$500 Silver?!? – Max Keiser


Written by sovereignthink

2011/04/01 at 5:47 pm

Posted in Silver Gold - The Bi-Metalist war still wages

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