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Comment: point by point...

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point by point...

Are you saying if i borrow against my house then buy something and still use my house as collateral (lien), That would be fraud?

If it's from a bank in the federal reserve system you get the "loan" from (it's not a loan) then YES it would be fraud to be expected to make payments on what is essentially a simple CREDIT TRANSFER.

From one of your accounts to another - at the bank. As I understand it if you have a social security number you have an account with the federal reserve as well as the treasury.

Wrap your brain around this: Your AUTOGRAPH is the credit. Federal Reserve Notes are printed off that credit - the national debt is the money owed to the American people for continually running our economy into the ground and having to repeatedly tax us to bail themselves out.