...dude's cuttin' my grass here! *grumble grumble*

Oh well... I still have charm and good looks.

..Beverly got virtual-in-my-face last night and challenged me, so blame her ;)

OK, I will. BLAME THE CHICK is always endorsed. I like it.

MODERN MONEY MECHANICS: The purpose of this booklet is to describe the basic process of money creation in a "FRACTIONAL RESERVE" banking system. http://ia700202.us.archive.org/3/items/ModernMoneyMechanics/MMM.pdf

this is helpful along with that Derek https://www.youtube.com/watch?v=tU4Ovk9vfzA&list=PLF-RakV5SlVGGOFwgHEOoVoOtsKEeqIXs&index=9

Derek Moran: Yup. Banks legally are allowed to counterfeit credit, basically. In Canada, the Fractional-Reserve-Rate/Ratio, is called either the CAPITAL ADEQUACY REQUIREMENT, or the ASSET CAPITAL MULTIPLE. However, no promissory note-representing-debt + your signature = NO, CREDIT, for THEM. The rate is 23 in Canada, btw.

Chad Brodgesell: I did get my former boss to ask the bank who was the GRANTOR of one of his buildings. Next week he told me he didn't want to talk about it.

Derek Moran: CHAD- ask the bank for this: "...for the original instrument of indebtedness in its original form."

Derek Moran: The problem is, when we all opened-up a bank-account and never read the 10-page contract, they had language that apparently waived our right to discharge bill-payment-remittances in it. But, you cannot waive a right unless you did it with the express intent to.

Derek Moran: on a financial instrument, you sign- 'without recourse to me'

Chad Brodgesell: "ask the bank for this: "...for the original instrument of indebtedness in its original form." is this because they have modified it in some fashion? which would void it? I think/guess?

Derek Moran: "the original instrument of indebtedness," is a promissory note, which is considered to be the money you created with your signature.. and yes, they wont want to provide the original because its probably been marked-up from being Fraction-Banked, and evidence the bank has ALREADY been paid.

Chad Brodgesell: so, in essence thru basic general english I asked them to DENY that they already had been paid as soon as I signed,,on the dotted line.?

53. Under this test, total assets should be no greater than 20 times capital, although this multiple can be exceeded with the Superintendent's prior approval to an amount no greater than 23 times. Alternatively, the Superintendent may prescribe a lower multiple. In setting the assets to capital multiple for individual institutions, the Superintendent will consider such factors as operating and management experience, strength of parent, earnings, diversification of assets, type of assets and appetite for risk. http://www.osfi-bsif.gc.ca/Eng/fi-if/rg-ro/gdn-ort/gl-ld/Pages/CAR_chpt1.aspx#ToC19Theassetstocapitalmultiple