Memorandum of Law lays bare the hoax that is the Internal Revenue Code | WHAT REALLY HAPPENED

Memorandum of Law lays bare the hoax that is the Internal Revenue Code

Enjoying a monopoly as they do, today’s banks “loan” computer-keypad keystroke entries of digits, called “credit” (modern equivalent of the Bank of England’s hollow promissory notes), at no cost to themselves. As explained by the senior government banking official, then-Secretary of the Treasury Robert B. Anderson:

“[W]hen a bank makes a loan, it simply adds to the borrower’s deposit account in the bank by the amount of the loan. This money is not taken from anyone else’s deposit; it was not previously paid in to the bank by anyone. It’s new money, created by the bank for the use of the borrower.”[6]

The Federal Reserve banking system cannot endure without constant extraction, by way of collection of income tax by the Internal Revenue Service to hide the fraud of inflation, of a huge percentage of the digits created and injected into circulation by banks in the loan process; hence the need for the overwhelming complexity of the Internal Revenue Code and heartlessness of those who enforce its provisions. Notwithstanding the best-laid plans of the architects thereof, however, and efforts of their enforcers, no one can stop a grass-roots movement and anyone can disabuse himself of the hoax in the pages of the attached Memorandum.

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