The rights of a surety to recovery on his risk or loss when standing for the debts of another was reaffirmed again as late as 1962 in Pearlman v. Reliance Ins. Co., 371 U.S. 132 when the Court said:
… “sureties compelled to pay debts for their principal have been deemed entitled to reimbursement, even without a contractual promise… And probably there are a few doctrines better established…” In other words, You, as a surety can recover your risk and loss from the bank by suing them when paying the debt of your STRAWMAN or mirror government image in all Capital letters.
Black’s Law Dictionary, 5th Edition, defines “surety”:
“One who undertakes to pay or to do any other act in event that his principal fails therein. Everyone who incurs a liability in person or estate for the benefit of another, without sharing in the consideration, stands in the position of a “surety”.
Constitutionally and in the laws of equity, the United States could not borrow or pledge the property and wealth of its private citizens or put you at risk, as collateral for its currency and credit without legally providing you equitable remedy for recovery of what is due you but the banks and courts put you at risk, as collateral all the time by your signature consent when you sign their documents.
The Corporate United States government, of course, did not violate the law or the Constitution in this way, in order to collateralize its financial reorganization, bankruptcy, but did, in fact, provide such a legal remedy so that it has been able to continue on since 1933 to hypothecate the private wealth and assets of those you by whom it is owned, at risk backing the corporate government’s obligations and currency, by your implied consent, through the government having provided such remedy, as defined and codified above, for recovery of what is due you on your assets, property, and wealth at risk. A Sub-corporate state government owns YOU and everything you think you own. You are not free as you think.
The provisions for this are found in the same act of “Public Policy”, public law and public Policy 73-10, chapter 48 stat 112 via way of HJR 192 that suspended the gold standard for the Corporate United States of America currency, abrogated the right to demand payment in gold, and made Federal Reserve International Promissory Note Counterfeit Dollars debt instruments, that are printed by a private corporation that is not part of the United States, for the first time legal tender, “backed by the substance or “credit of the nation” that is your blood, sweet, and tears as human collateral and debt slaves.
All U.S. currency since 1933 is only credit against the real property, wealth and assets belonging to you, the private sovereign American people, taken and ‘pledged’ by THE UNITED STATES Corporate Government to its secondary creditors, the Central Bank FEDERAL RESERVE SYATEM BANKS as security for the Corporate Government’s obligations, named the National Debt that is a fake and fraud upon the American People.
Consequently, you are backing the nation’s credit, legal tender, and currency can not recover what is due you by anything drawn on the elastic Federal Reserve Promissory Note Dollars and commercial paper, without expanding your risk and obligation to yourselves.
Any recovery payments backed by this elastic fake dollar currency can only increase the Corporate Government’s public debt that you are collateral for, which an equitable remedy was intended to reduce, but does not, and in equity would not satisfy anything. And there is no longer actual lawful money of substance to pay your debts. You can only discharge your debts with these commercial paper promissory note dollars of the FEDERAL RESERVE Bank.
There are other serious limitations on your present Democratic Corporate Government system. Since the institution of these events in 1933, for practical purposes of commercial exchange, there has been no actual lawful money, just debt instruments or promissory notes or commercial paper in circulation by which debt owed from one party to another can actually be repaid.
BUT the good news is that the Texas Republic Nation now has TRN cyber coins soon to be released to the world and backed by intrinsic valued precious metals, Gold, Silver, timber, and oil from the Texas Republic land area, nearly 1 million square miles reaching from what is now known as the STATE OF TEXAS all the way to the STATE OF California’s Pacific Ocean shoreline to the west and you can also get out of your Corporate UNITED STATES debt slavery prison now by reading this website about our preprocessed LPN Negotiable Security that legally can be used as money and pay off your debts and save you Thousands of Dollars. It is not the cost of processing, but the THOUSANDS OF DOLLARS YOU SAVE by using our bank proven process. Just order the $19.95 LPN E-booklet for information and education and decide for yourself. Remember this process is not a DO IT YOURSELF Process as I am the only Licensed LPN Security processor in the United States or USA.
This is the Texas Republic Chief Justice Judge for Travis County, David Allen Young, bidding you a great life with freedom, justice, and restored rights as a Texian. When you decide to join us in the Texas Republic Nation just contact me or any Texas Republic Judge for the county you live in and I or they will swear you in as a Texian after only 6 months of living in the Texas Republic consisting of The States OF Texas, New Mexico, Arizona, California, Nevada, Utah, and parts of Colorado, Wyoming, Kansas, and Oklahoma. The Texas Republic is a Sovereign Nation bordering the countries of the United States and Mexico.