Stupidity (or "lawful money")

[iplawyer]

From Libra aka Harvey at LH:

SaintPaul, that's a good question. How can you "direct deposit" into lawful money? You might talk to your banker for the answer. Probably an amendment to your agreement (signature card) would work:
Quote:
Any deposits or withdrawals, hereinafter "Events", are made with the intent to receive or handle lawful money. Events include, but are not limited to, any use of the various types of bank cards for cash withdrawals or for payments. Said events are subject to a superceding DEMAND FOR LAWFUL MONEY with the express intent to redeem any private credit instrument into lawful money pursuant to, albeit absent any benefit from, Title 12 Section 411 of the United States Code.
[Your True Name Signature]

[David Merrill]

You just need to make your demand on the Signature Card when you open or renew your account with your bank.

Can you please provide us a link?

[Pottapaug1938]

I wouldn't bother. Since Harvey's post is so much codswallop, since it's (as usual) completely unsupported in fact or law, and since a request like this will get people nothing but an invitation to do their banking elsewhere, it doesn't seem like any link that could be provided would be worth investigating...

unless the link includes a link to the names and citations of court decisions which have, as their HOLDING, that the practices of which Harvey brags are legal.

[Brandybuck]

I've been reading topics like this for a couple years now, and I'm still confused as to what is meant by LAWFUL MONEY. Are you supposed to SHOUT IT at bankers? To you make a citizens arrest on the store clerk who asks for unlawful money such as FRNs? Do you stuff red stamped affidavits in the coin box of the bus? Is it true that shouting LAWFUL MONEY performs a miracle of transubstantiation wherein the eebil green pieces of paper become the Body of Christ?

signed,
Bilious in Biloxi

[Judge Roy Bean]

I've been reading topics like this for a couple years now, and I'm still confused as to what is meant by LAWFUL MONEY.
...
signed,
Bilious in Biloxi

Dear Bilious:

Fornswaggle two addits to correlate the binderbag, then weedeat carmel tire irons until immolated. Forswear a green armature for September delivery and suffocate almond hazards between geometric anomalies.

Hope that helps.

[Quixote]

I wouldn't bother. Since Harvey's post is so much codswallop, since it's (as usual) completely unsupported in fact or law, and since a request like this will get people nothing but an invitation to do their banking elsewhere, it doesn't seem like any link that could be provided would be worth investigating...

I'm not sure that the bank will ask them to bank elsewhere. In a credible post, one of Merrill's loons discussed his experience with it so far. The assistent bank manager he spoke with seemed to understand that the extra verbiage on the signature card is legally meaningless. As nearly as I can tell, the loon believed that the verbiage would cause FRNs to transubstantiate into US Notes as they were credited to his account.

The LostHeads direct deposit conumdrum stems from their failure to realize that the dollars deposited are neither FRNs nor USNs, but merely dollars. Well, that and the fact that the whole theory is lunacy.

Hughg smells a conspiracy:

"SaintPaul, that's a good question. How can you "direct deposit" into lawful money?"
That could very well be "why" the big push towards direct deposits.

[wserra]

As Quixote said:

Take a bag full of FRNs. Sprinkle them with pixie dust. Face Fort Knox and bow three times. Utter the magic 411 incantation in Peltic - er, Celtic ("We want ... information.") Voila - lawful money.

Exactly what you started with.

[grixit]

<bad-generic-central-european-accent>

Ah, welcome back, seeker. Rejoice, the ritual is complete! Madame Skinadumbksy has obtained the blessing of the Archangel Merrill over this envelope. And behold: the worthless federal reserve notes you placed inside have become lawful money-- free of the Curse of the Banksters! Now take the envelope-- oh wait, let me seal it up first. Now take this to your bank and deposit it. Just remember don't open it until you are actually in the bank or the blessing will be spoiled and the money will turn into old newspaper clippings. Or worse-- Liberty Dollar warehouse receipts!

</bad-generic-central-european-accent>