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Loan Accounting Reveals True Creditor

John Henry Doe (JHD) TRANSACTIONS


1. JHD pledges birthright labor to USA worth $200B and receives a Certificate of Live Birth as evidence of equitable title to same. This is the asset-collateral known as the credit of the nation. JHD signs a loan application which ABC Bank uses as a consent form to assign a portion of said equitable title to the UST as a perfected security interest (lien) and an account receivable. UST sells said lien on the Open Market to receive cash from investors.

United States Treasury (UST) - General Ledger ASSETS LIABILITIES CASH - Asset ====================== Accounts Payable - JHD =======================

2.

200B1 100K3
Accounts Receivable - JHD ======================

200B1 100K2

100K2 100K3

3.

ASSETS
4. ABC Bank receives said cash from UST and debits its cash account, and then credits the borrowers transaction account for same amount to show the source of funds. NOTE: the borrower never receives a deposit slip receipt for this amount, which eventually is considered abandoned and is therefore claimed by the bank, perhaps on a IRS 1099-A Form. 5. ABC Banks pays a seller said funds from Cash account, and then debits an Accounts Receivable account that JHD must pay the bank as the loan. If the borrower would simply claim said deposit slip for #4 A/P account, its funds could setoff the loan for this same amount posted in this #5 A/R account.

ABC Bank General Ledger LIABILITIES Accounts Payable - JHD ======================

Cash ======================

100K4 100K5
Accounts Receivable - JHD ======================

100K4 100K6

100K5 100K6

6.

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