Money vs. Mammon
http://www.hisholychurch.info/study/gods/movma.htm
Money vs. Mammon references the fallacies and foolishness and the fiat character of the present money systems as well as its origins and nature.
Thou shalt not have in thy bag divers weights, a great and a small. Thou shalt not have in thine house divers measures, a great and a small. But thou shalt have a perfect and just weight, a perfect and just measure shalt thou have: that thy days may be lengthened in the land which the Lord thy god giveth thee. (Deuteronomy 25:13,15)
Money is "any medium of exchange that is widely accepted in payment for goods and services and in settlement of debts."216 From sea shells and wampum to clay scarabs and stones, almost everything that can be imagined as having value has at one time or another been used for money.
Money is the just medium and measure of all commutable things, for by the medium of money a convenient and just estimation of all things is made.217
There are three basic types of money. The first is commodity money which has included gold, silver, and copper and are normally exchanged for equal value of the materials contained within them. The second type is credit money which is paper money backed by promises to pay an equivalent value in some standard form of commodity money.
Payment is the fulfillment of a promise.218
Behold, ye trust in lying words, that cannot profit. (Jer 7:8)
The third form has no intrinsic value nor is it backed by a promise to pay something of value. Its value is fixed merely by government edict and is known as fiat money
I said in my haste, All men [are] liars. (Ps 116:11)
Coins may be either commodity money or fiat money depending on the value of the metal they are made from. Paper currency may be either credit money or fiat money. With selective redeemability currency may in some cases be both. These paper currencies may be interest bearing or not. Paper currencies may come in a myriad of forms such as government notes, silver certificates, bank notes, as well as checks which are drawn on bank deposits and are called deposit currency.
Just balances, just weights, a just ephah, and a just hin, shall ye have: I [am] the LORD your God, which brought you out of the land of Egypt. (Le 19:36)
"Whoever controls the volume of money in any country is absolute master of all industry and commerce." 219
"Banking was conceived in iniquity and was born in sin. The Bankers own the earth. Take it away from them, but leave them the power to create deposits, and with the flick of the pen they will create enough deposits to buy it back again. However, take it away from them, and all the great fortunes like mine will disappear, and they ought to disappear, for this would be a happier and better world to live in. But, if you wish to remain the slaves of Bankers and pay the cost of your own slavery, let them continue to create deposits." 220
Divers weights, [and] divers measures, both of them [are] alike abomination to the LORD. (Pr 20:10) "Interest is the invention of Satan."221
This credit money is only a shadow of what commodity money is. "By a continuing process of inflation, governments can confiscate, secretly and unobserved, an important part of the wealth of their citizens. There is no subtler, no surer means of overturning the existing basis of society than to debauch the currency. The process engages all the hidden forces of economic law on the side of destruction, and does it in a manner which not one man in a million is able to diagnose."222
Beware lest you lose the substance by grasping at the shadow.223
Although the bearer of the note may purchase a legal title he has not actually purchased the item itself, failing to deliver present value. At the same time he is creating a constructive trust.
A little leaven leaveneth the whole lump. (Ga. 5:9 )
"This (Federal Reserve) Act establishes the most gigantic trust on earth. When the president signs this bill, the invisible government by the Monetary Power will be legalized. The people may not know it immediately, but the day of reckoning is only a few years removed. The trust will soon realize that they have gone to far even for their own good. The people must make a declaration of independence to relieve themselves from the Monetary Power." 224
No man can serve two masters: for either he will hate the one, and love the other; or else he will hold to the one, and despise the other. Ye cannot serve God and mammon. (Mt. 6:24 [Lu. 16:13])
"Mammon, an aramaic word mamon 'wealth' ... It is probably derived from Ma'amon, something entrusted to safe keeping. In any case there was apparently a threefold play on this meaning in Lk. xvi. II: 'If therefore ye have not been faithful in the unrighteous mammon, who will commit to your trust the true [riches]?' the word italicized representing forms of the Semitic root word 'amen."225
This most gigantic trust on earth that was to be and is now established was constructed in a very interesting way. It involved the entrusting of almost all the wealth, property and rights of man, granted him by God, into a world wide trust. It was a process not limited to the money system but it is that system that is focused on in these pages.
"There is a distinction between a debt discharged and a debt paid. When discharged the debt still exists, though divested of its character as a legal obligation during the operation of the discharge. Something of the original vitality of the debt continues to exist which may be transferred, even though the transferee takes it subject to its disability incident to the discharge. The fact that it carries something which may be consideration for a new promise to pay, so as to make an otherwise worthless promise a legal obligation, makes it the subject of transfer by assignment."226 Here is where several ideas began to come together. If legal tender is redeemable at one point in lawful money then it is not lawful money. Legal tender can only buy a legal title.
"Legal title" is," One cognizable or enforceable in a court of law, or one which is complete and perfect so far as regards the apparent right of ownership and possession, but which carries with it no beneficial interest in the property, another person being equitably entitled thereto; in either case, the antithesis of 'equitable title."227 So with your legal title you now have only an apparent right of ownership and possession no right to the beneficial interest which raise a constructive trust.
A "Constructive trust" is, "A trust raised by construction of law, as distinguished from an express trust. Wherever the circumstances of a transaction are such that the person who takes the legal estate in property cannot also enjoy the beneficial interest without necessarily violating some established principle of equity, the court will immediately raise a constructive trust, and fasten it upon the conscience of the legal owner, so as to convert him into a trustee for the parties who in equity are entitled to the beneficial enjoyment."228
"BENEFICIAL INTEREST" is the, "Profit, benefit, or advantage resulting from a contract, or the ownership of an estate as distinct from the legal ownership or control."229 It should be clear that although a legal title may appear to grant ownership or a right to the profit and benefit it does not.
We can also see that a legal title is the antithesis of 'equitable title. "An equitable title is a right in the party to whom it belongs to have the legal title transferred to him; or the beneficial interest of one person whom equity regards as the real owner, although the legal title is vested in another."230 So again it is clear that a person holding a legal title to property, whether it is real or personal property, is not the real owner even though the legal title is vested in him. Also it should be noted that the legal title can be removed from the one holding it and transferred by right to the one holding the equitable title.
It is necessary to issue notes entirely from a single source in order to execute the trust. These notesaree in their entirety fiat money. They shall have no true value except what is placed on them by edict. They shall also be holographs.231 The sealed notes shall return to the new issuer and the equitable title and ownership of all property, things and choses still in the trust shall be transferred to the possessor of the original notes.
A "fiduciary relation" exists when confidence is reposed on one side and there is resulting superiority and influence on the other, which relation need not be legal, but may be moral, social, domestic, or merely personal.232
A trust is an obligation of conscience of one to the will of another.233
BRIEF SUMMARY.of Money vs. Mammon
Everything that is purchased with a note has not actually been paid for with present value. A person merely offers [tenders] the note [bill] for legal payment in order to discharge a portion of the debt. The one who has promised, under seal, to pay the debt holds in trust the equitable title while the person tendering his note obtains a mere legal title. This process is called equitable conversion and arises out of a construction of law. In order to obtain a true and actual title and equitably reconvert the property one must pay present value to the one holding the equitable title.
. An individual must pay present value and have the capacity to own property. Citizens of the United States still can not use gold as currency. Individuals cannot reap the benefits of the trust while claiming to be immune from the debts of the trust. An individual must be sui juris.
If an individual pays present value for property with gold or silver to someone else who is a citizen in the trust but only has a legal title, can he claim to have broken off the equities? Or should he do more?
"But the doctrine of constructive trust has an important limitation: it is not enforced against a transferee who had both paid value and received title before notice of the trust or other equity." but "A purchaser from a known trustee who has the authority to sell need not see the proper application of the purchase money."234
Delivery cannot and ought not to transfer to him who receives more than was in possession of him who made the delivery.235
There still may be a value to directly pay the holder of the equitable title, because a known trustee may not have the authority to sell.
No one can grant or convey what he does not own.236
Those federal reserve notes are still under seal (1996). The treasury no longer has the gold to pay out for those notes at face value but they do have substance. They have the equitable title to all the property you hold the legal title to. If they change the nature of this merely constructive trust from a three party trust to a two party trust or change the equation or relationship of any of the parties involved in the trust then it is only reasonable that beneficiaries also have a right to change their relationship with the trust.
Shall I count [them] pure with the wicked balances, and with the bag of deceitful weights? (Mic 6:11)
"One who gives up a pre-existing claim against T in exchange for trust property should be and is considered as having given up present value; and the tendency is toward protecting one who merely accepts trust property as collateral security for a pre-existing debt, the value being found in the forbearance to sue."237
These notes under seal and the agreement that allows them to come into existence preexisted the trust. Therefore the claim for payment existed before the trust and the tendency is toward protecting the preexisting claim.
An example of this mechanism on a national level was seen after October 28, 1977 when it was clear that the United States was no longer going to pay out gold to sovereigns in exchange for the Federal Reserve notes. Almost every country in the world had already established their own federal reserve type monetary system of debt notes and were in as bad a shape or worse than the U.S. They were in no position to put any real pressure on the U.S. and were willing to make concessions and agreements to maintain some sort of economic stability.
Panama used Federal Reserve notes of the United States and coined some money. They had a large supply of those notes and could continue to demand payment in substance with relative economic impunity. If the United States agreed to transfer the Panama Canal to them they would waive any right to demand such payment. A treaty was promptly written up and signed, granting them the canal.
This principle of waiver as payment is similar to what individuals can do in America today. If they waive their right to the preexisting value owed them it must be considered as having given present value. But this trust has extended to almost every aspect of the lives of the citizens of the United States. An individual must waive rights to all the privileges offered by the United States government to its subjects. They must become free and natural individuals.238 They must waive their right of redemption in one system and be redeemed in another in order to seisi239 the land they wish to truly posses under that heavenly government they wish to live in and of.
How doth the city sit solitary, [that was] full of people! [how] is she become as a widow! she [that was] great among the nations, [and] princess among the provinces, [how] is she become tributary! (La 1:1)
It has been man's turning away from God's ways. His desire for the wealth and benefits and comforts of those worldly regimes and their boastful words that has seduced man into his present bondage. The right and authority to impose an excise tax (tribute) on land or labor, is based on the inadequacies of a legal title having been equitably converted. Like in the days of the Pharaoh, Rehoboam and Nehemiah they have fallen under bondage and are bound under tribute.
Are today's usurers as forgiving as the usurers in the time of Nehemiah or have they followed after Rehoboam?
For all nations have drunk of the wine of the wrath of her fornication, and the kings of the earth have committed fornication with her, and the merchants of the earth are waxed rich through the abundance of her delicacies. And I heard another voice from heaven, saying, Come out of her, my people, that ye be not partakers of her sins, and that ye receive not of her plagues. For her sins have reached unto heaven, and God hath remembered her iniquities. (Revelation 18:3, 5)
To equitably reconvert sets a man between the red Sea and a hardhearted Pharaoh with but the song of Moses and the Lamb. (see Re 15:3)
And they sing the song of Moses the servant of God, and the song of the Lamb, saying, Great and marvellous [are] thy works, Lord God Almighty; just and true [are] thy ways, thou King of saints. (Re 15:3) But the mount Zion shall be deliverance, and there shall be holiness; and the house shall be holiness; and the house of Jacob shall possess their possessions. (Obadiah 1:17 )
Also, the merchants of the earth are weeping and mourning over her, because there is no one to buy their full stock anymore, full stock of gold and silver and precious stones, and of pearls, and fine linen, and purple, and silk, and scarlet, and all thyine wood, and all manner vessels of ivory, and all manner vessels of most precious wood, and of brass, and iron, and marble, And cinnamon, and odours, and ointments, and frankincense, and wine, and oil, and fine flour, and wheat, and beasts, and sheep, and horses, and coaches and slaves and human souls. (Revelation 18:11,13.)
Jesus Christ the same yesterday, and to day, and for ever. (Hebrew 13:8)
FOOT NOTES
Return 216 "Currency,"
Microsoft (R) Encarta. c1994 Ms.Corp. Funk & Wagnall's Corp.
Return 217 Moneta est justum medium
medium et mensura rerum commutabilium, nam per medium monet‘ fit omnium
rerum conveniens, et justa ‘stimatic. See 1 Bouvier, Inst. n. 922.
Return 218 Payment Black's 3rd Ed.
pp. 1340.
Return 219 President James A
Garfield
Return 220 Sir Josiah Stamp
President of the Bank of England (1920's) the 2nd richest man in England.
Return 221 Thomas Edison.
Return 222 John Maynard Keynes, The
Economic Consequences of the Peace, 1920.
Return 223 -Aesop.
Return 224 Congressman Charles A.
Linbergh Sr., December 22, 1913.
Return 225 " There is no
evidence that the word was the name of an a angel or a God , as in Milton
(Par. Lost i. 678, cf. Spencer F.Q. II. vii "8) Encyclopedia
Britanica.
Return 226 Stanek v. White. 172.
Minn. 390, 215 N. W.784.
Return 227 Black's 3rd "legal
title" pp. 1734
Return 228 Black's 3rd Ed. p.1759
Return 229 Black's 3rd pp. 206.
Return 230 Black's 3rd
"Equitable title" pp. 1734
Return 231 HOLOGRAPH. A will or deed
written entirely by the testator or grantor with his own hand.Black's 3rd.
Ed. pp. 898.
Return 232 Black's 3rd ed page 775.
Return 233 Fides est obligatio
conscientiae alicujus as intentionem alterius Bacon.
Return 234 . 30. Bona fide purchase
for value. Clark's Summary of American Law, Trusts, 279-281.
Return 235 Traditio nihil ampli—s
transferre debet vel potest, ad cum qui accipit, qu…m est apud cum qui
tradit.Dig. 41.1. 20.
Return 236 25 Barb. N.Y. 284,301...
Return 237 . 30. Bona fide purchase
for value. Clark's Summary of American Law, Trusts, 279-281.
Return 238 See Employ vs. Enslave.
Citizen vs. Citizen. Law vs Legal. etc
Return 239 SEISED IN DEMESNE AS OF
FEE. This is the strict technical expression used to describe the
ownership in "an estate in fee simple in possession in a corporeal
hereditament." The word "seised" is used to express the
"seisin" or owner's possession of a freehold property; the
phrase "in demsne," or "in his demesne," (in dominico
suo)signifies that he is seised as owner of the land itself, and not
merely of the seigniory or services; and the concludeing words, "as
of fee," import that he is seized of an estate of inheritance in
fee-simple. Where the subject is incorporeal, or the estate expectant on a
precedent freehold, the words "in his demesne" are
omitted.Black's Third page 1597.
END OF FOOTNOTES