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von Mises Institute An unrebutted affidavit is a judgment in commerce. In commerce truth is sovereign. Truth is expressed in the form of an affidavit. A lien or claim can be satisfied only through rebuttal by counter-affidavit point-for-point, resolution by jury, or payment. The proof lies on him who affirms, not on him who denies. The agreement of the parties makes the law of the contract. A man’s word is his bond. For truth to be established, it must be expressed. Silence is agreement. He who leaves the battlefield first loses by default. When a party has a duty to speak, his silence equates with fraud. An accessory follows the nature of his principal. A contract founded on a base or unlawful consideration, or against good morals, is null. Sacrifice is the measure of credibility. One who has not been damaged by, given to, lost on account of, or put at risk by another has no basis to make claims or charges against him. |
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The one problem the industrial society has is there is no money to even credit the account with and because of that we (the creators of the industrial products) are the credit that the industrial society needs to adjust the ledger. They need our acknowledgement of having received the charge from them to be able to discharge their duty, just like electrical currency otherwise, they have an aging accounts receivable that they cannot close without our endorsement as to the benefits that were provided. As the operator, they need to charge us so we can ground/charge-back the account thus paying the tax. Debt must be “discharged dollar for dollar” in the same sense, as sin must be repented of as soon as it is incurred, an acknowledgment must be given. The moment a debt exists, it must be written off. We have to take on the charge to allow them to discharge the account, and when we give them acknowledgement by our acceptance, they can now zero the account by grounding the charge-back to where it came from (See Calendar Year & Fiscal Year) and clean up their delinquently held open books/accounts. The catch is, we can’t write off/charge off the debt because we are not in possession of the account in deficit; our fiduciary agent is in possession of the account so we must provide him with the tax return (by the return of the original offer) so the fiduciary can discharge the liability through their internal revenue service (the bookkeeper). We don’t need to make payments that are “acceptable by our fiduciaries,” which would entail that we made the offer; you make the acceptance and return their offer as payment. They offer, we don’t, we return. See it is the paper that is the collateral itself, not the property described under Public Policy. The tangible property merely goes along with the owner of the paper because (substance/execution of a commodity) cannot be used as a method of payment in Grace/Public Policy. |
