Apr 08 2009
I wonder if IRS/CRA employees ought to know this. You might want to pass it along to them; it IS the loving thing to do.
It just crossed my mind that you might be unfamiliar with the banking system. Allow me to use the “Lottery” as an example. People generally use cash to buy lottery tickets. The lottery pot is about $20M at any given time – CASH! If you won $8,000 in the lottery, you would take the ticket for verification. Would someone go to the cash drawer and count out your $8,000? No; he would write you a cheque. If you accepted the cheque and never did anything with it, nothing would occur. Nothing would change. No accounts would be debited; no accounts would be credited. That cheque is valueless until you endorse it. When you do, suddenly, it is worth $8,000. What’s different? Your signature is what gave it value. This can be verified in §57.1 of the Bills of Exchange Act of Canada (your law) which states that the signature is the money.
Now, if you were to deposit that cheque, your account would be credited. If you were to cash the cheque, the bank would give you $8,000 cash. Then, what happens to the cheque? Its value to the bank is quite incredible because that credit can off-set the liability of your cash receipt or account credit and, now, their ledger is balanced at no cost to the bank.
Banks are permitted, by law (the Bank Act), to hypothecate the value and lend it out numerous times for dramatic profit. (For details on how banks make a fortune from your signature, Google: Money As Debt). Suffice it to say that the cheque became a huge asset – vastly more than its face value. So far, you have benefitted a bit and the bank has benefited a lot, by your signature, but the real winner, by far, is the Lottery itself because the bank returned the cheque to them. Although it is worth only $8,000 on its face, the signature upon it grants it interminable value. That cheque gets sold on the securities market and it literally travels the world creating a profit each time it is sold. So, your signature has created another fortune, this time for the Lottery. Did they EVER have to dig into their pot of $20M in order to give you your win of $8,000? No. You thought $8,000 was a windfall, but the truth is, bankers profited by far more than you did and it was all funded by you. YOU created your lottery win.
Can you see that the Lottery is simply a cash-confiscatory game for the ones who run it – the World Bank? Can you see that IRS/CRA operates the same way? Can you see that IRS/CRA is just an agency of the International Monetary Fund and the World Bank? If you grasp this concept, you’ll see that not only do I not “owe” IRS/CRA anything but also I was the source of value which will create egregious revenue for IRS/CRA which has nothing at all to do with the government of U.S.A. or Canada, or the states or the provinces, or the people of either. Its sole purpose is CASH-CONFISCATION. I am certain that you, also, have felt the effects of the IMF on your personal finances. Whatever your loss, it is important for you to know that it was all by design and intention.
Please realize the truth of this, before you consider confiscating, from me, the meagre amount that I have, compared to what IRS/CRA will receive, forever, from my signature. I created ALL the value and IRS/CRA is the beneficiary of that.
Then, please, consider a job more suited to your ethics. You’ll feel much happier and your family will be very proud of you.