Showing posts with label Bank on Yourself. Show all posts
Showing posts with label Bank on Yourself. Show all posts

Friday, September 25, 2020

Five Reasons To Borrow From a Whole Life Policy instead of a Bank





Here are 5 of the best reasons to borrow from the insurance company against your Whole Life policy versus borrowing from a bank: 


* No application process. I ask for the money and I get it. I don't have to qualify...ever! 


* Instant liquidity of repayments. Every dollar I repay on my policy loan is instantly available to be borrowed again without application or qualification, as opposed to a bank loan where payments simply reduce the unpaid principal balance. 


*  Another huge reason for borrowing against your life insurance policy is the flexibility of the repayment plan.   This is especially important if you are business owner with cash flows that fluctuate monthly.  Re-pay policy loans based on your schedule, not the banks.  



* Privacy.  If you have kids to put through college, consider that your bank assets, and even your kid's 529 account, will account against them when qualifying for finanical aid.  You can pay the retail cost of college but wouldn't you rather get a discount?  Strategically placing money in life insurance contracts shields this money from prying eyes.  It also helps you in retirement because policy loans used for income are tax-free and won't bump you into a higher tax bracket.  Retirees with 401k distributions have to report taxable income that potentially reduces Social Security benefits.  Ouch!


* Uninterrupted compounding growth of your cash values.  Simply put, you continue to grow your wealth even when you take a policy loan to use somewhere else.  I call this "Dual Compounding".


Albert Einstein is noted for saying:

"Compound interest is the eighth wonder of the world. He who understands it, earns it; he who doesn't, pays it."


In summary, total control is in the hands of the policy owner.  You decide how much and when you pay back the loan.  For best results, don't "steal" (borrow without setting up a payment schedule) from yourself.  Maintain discipline.  Paying back your loan re-capitalizes the policy for future use.  


Let me know what questions you have about Infinite Banking.  You can find me here:  www.IBC.guru

You can also hear me talk about Infinite Banking on my podcast here:  www.TheFifthEdition.com


Thank you,


John Montoya




Wednesday, September 25, 2019

IBC - Which is Better? Direct vs. Non-Direct Dividends ("YOU'RE MAJORING IN THE MINORS!")


Let's start by getting a couple things out of the way when it comes to dividends on a participating Whole Life policy:


1.  You have growing cash value (guaranteed interest and non-guaranteed dividends that become guaranteed once declared) when loans are taken.

2.  One option is not necessarily better than the other.  That said, someone trying to sell you a policy might try to persuade you otherwise for their own purpose (they might only work with one type of company).  

3.  Infinite Banking Authorized Practitioners are (or at least should have been trained to be) completely agnostic.  They shouldn't favor one over the other for reasons explained below.

What follows below is a deeper dive into the world of Whole Life dividends to help further your Infinite Banking (aka IBC) knowledge.  

-----


There are two types of dividends you can get in the Whole Life world. 


  1. Direct Recognition Dividend
  2. Non-Direct Recognition Dividend

From a marketing point of view, advisors will “sell” non-direct as the best option because dividends are unaffected by loans. 

However, this is a half-truth. 

There is no free lunch which we all know to be true in life.  Same lesson applies here with direct vs non-direct.  If a life insurance is paying the same dividend regardless of whether a person requests a loan, that means there is something else going on. 

Here is the other half for the full picture on non-direct dividends.  Life insurance companies that pay a non-direct dividend pay out lower dividends to everybody to offset the cost of borrowing from the general fund of the life insurance company for those who do take loans.   

Essentially, those who do not take policy loans are subsidizing those that do.

So the question becomes would you rather have the potential for the highest dividend you can get every year?  Or would you be happy with a lower but level dividend for all years?  With a direct recognition dividend, you have the highest potential for dividends without having to subsidize other people who may or may not take policy loans.  You still get declared dividends when loans are outstanding.   They are not taken away from you because you have a loan.  However, you will get a reduced portion of the dividend if a loan is taken.

Back in 2007 I emailed Nelson Nash, author and creator of Becoming Your Own Banker (the pioneer of IBC) and he surprised me by calling me out of the blue.  He was already well into his 70’s at that time.  I wasn’t expecting an email back let alone a phone call.  I had emailed him about direct vs. non-direct because I wanted to know which was better for my own situation before I started recommending a particular choice to my clients.

The first thing he said to me after introducing himself was to thank me for reading his book and for  helping him to spread his message about IBC by being a professional in the industry.  Then in his thick and sage Alabama accent which I recognized as Nelson’s right away even though we’d never spoken before (no introduction needed!), he said something I have never forgotten.

He said in that kind, old man Alabama drawl, “Now son, you’re majoring in the minors!”

What a thing to say!  If he didn't already have my utmost attention, he surely had it then.

Now you have to know Nelson had a certain way of teaching fundamental truths.  If you’ve read Becoming Your Own Banker (it’s worth re-reading from time to time), you know he uses analogies and euphemisms quite a bit to explain important points that should not be taken for granted.  

That's exactly what he did with me over the phone at 7:53am PST while I was packing my little ones into the car for a ride to their pre-school.  It instantly hit me what he was saying and has stuck with me ever since.

Direct vs. Non-direct ultimately doesn’t matter in the big picture of IBC.  


The whole point of Infinite Banking is to own and control a system of money that you are constantly directing your flow of money into so you can eliminate the middle man (traditional banks).  The freedom of control and use of money for any purpose while enjoying all the perks of an ultra-safe and ultra-liquid cashflow management system where you are guaranteed to have uninterrupted (tax-free even!) growth and access for life is the main point.  

Banks become super wealthy because they rob of us this freedom by fooling us into believing we need them.  We don't!  They are the middle man in the money game that seeks to control the flow of your money for their profit.  

He went on to explain to me that all I need to do is have “a good administrator (life insurance company) to handle administration and paperwork.”  The dividends will be there as they have been for 150+ years and counting. 

So to return to the discussion of direct vs non-direction and understanding the difference… while it may be good to know (especially if the only thing learned is a half-truth), it ultimately isn’t the reason why you choose to go with one life insurance company or another. 

Getting back to Nelson’s bigger picture, if a person is really doing IBC correctly, they are going to have multiple policies (with different companies – direct and non-direct dividends) over time which will eventually incorporate their total cashflow.   

It’s not an either/or proposition on which is better because you are going to receive dividends whether you have a loan outstanding or not.  It essentially comes down to: 

Are you okay subsidizing yourself and others who take loans (non-direct) and therefore take a reduced dividend for all years or obtain the highest potential dividend based on your own loan borrowing and repayment schedule… 

But as Nelson reminded me years ago: don’t lose sight of the bigger picture ("don’t major in the minors!").

Nelson instructed everyone to do 4 things to achieve Becoming Your Own Banker:

  1. Think long-term.
  2. Don’t be afraid to capitalize (open a policy and max-fund a properly designed Whole Life policy).
  3. Don’t steal the peas (repay your loans at a “higher interest rate” – another euphemism meaning re-capitalize quickly so have capital for your next opportunity).
  4. Stop working with the middle man (i.e. traditional banks).

If you have more questions you'd like answered about Infinite Banking, let me know!  You can find me at www.IBC.guru.

Thank you,


John A. Montoya
JLM Wealth Strategies, Inc.
Bank On Yourself® Authorized Advisor
IBC® Authorized Practitioner
CA Life#0C42222
Calendar: Schedule Now



Tuesday, January 1, 2019

RE: Application Denied




Regret to advise that due to the medical history and recent accident noted in the medical records… application has been denied.


You’ve heard the saying: “early bird gets the worm.”  The last thing you want when planning for your future is to receive a message like the one above.  Unfortunately, I deliver a message like this every once in a while.


Case in point, I had recently been working with an individual who I first connected with in 2016.  For two and half years this person was on the fence about the Infinite Banking Concept (IBC) strategy although this was a referral from one of my most successful clients, a client who has purchased multiple Infinite Banking policies for himself and family across different insurance companies for diversification purposes. 


As one of my strongest client advocates for IBC, he has impacted many in his sphere of influence sharing the many benefits of IBC with family, friends, and work colleagues.  Suffice to say, referrals from this client don’t need much convincing.  They have the testimonial to know Infinite Banking works.


However, sometimes people simply struggle to grasp IBC.  They still believe it is too good to be true. It happens and no word of endorsement from a trusted colleague or recommendation from an experienced advisor is enough to spur a final decision in moving forward.


Never quite ready to pull the trigger we lost touch for over a year.  Then from out of nowhere I get an email end of summer.  This individual is now finally ready.


We pick up where we left off only making minor revisions to update the plan.  Application is submitted, exam and medical records ordered.  Then a few weeks later there some issues with medical records.


You see it turns out this individual had a reason for their sudden motivation.  As the message at the top alludes, something happened.  A car accident earlier in the year was suddenly more serious than noted at the time of the application.  By physical appearances, the individual seemed in good health when we met in person.  In this case though, the eye test failed.


The bottom line, coverage was declined.   


Don’t let this happen to you!  Car accidents are one thing, but I’ve seen people wait only to later be diagnosed with life threatening illness.  We are not immortal.


If you’re on the fence about getting started, there’s a simple solution.  Lock in your insurability with a 10 Year Convertible Term Policy.


This is the shortest timeframe available for a Term Policy that will convert to a custom designed Infinite Banking Whole Life policy.  As an additional perk, a few of the IBC companies I partner with will apply as a credit the previous 12 months of premium paid upon the conversion of the Term Policy to Whole Life.  That’s like getting a move-in special of free life insurance for a year!


How much time does it take to pull the trigger on getting started with IBC? 


For most people, they get started with my simple and easy “3 Step Process”.  In fact, for those with an exceptionally clean medical and driving records, they get approved in as quickly as 48-72 hours from the time of application without even needing an exam.  I’ve even had people get approved with an hour of the application.  Simple and easy!


It’s the 80-20 rule.  Most will start immediately, but some will just choose to watch more videos and wait for a better understanding of the strategy, or who knows.   


My advice: Just don’t wait too long and allow life to get in the way.  At least do the sensible thing.  Get temporary protection and lock in your insurability with a 10 Year Term.   You’ll be able to convert that Term to an Infinite Banking Whole Life policy when the time is right (assuming this is done by the end of the 10 year term period).  No need for a future exam to determine your eligibility.


You’ll have 10 years to cozy up to the idea of guaranteed growth, access to your money tax-free when you want or need it without interrupting the growth, and the peace of mind of knowing the foundation of your financial plan along with your legacy is set no matter what happens around that curve in the road called life.


If you’ve been on the fence, let me know.  It costs you nothing to get a quote on a 10 Year Term Policy.  The choice you make from there is entirely yours.


Have a prosperous 2019!


John A. Montoya

JLM Wealth Strategies, Inc.
IBC® Authorized Practitioner
Bank On Yourself® Authorized Advisor
CA Life#0C42222
Contact me here: www.IBC.guru


Saturday, December 21, 2013

The Very Secret 770 Account That Sounds Too Good To Be True (But Isn't)

So about that "770 Account" you've been hearing about...


Before I get started on the 770 Account, I want to share with you another little money secret.  It's called a "401" account.  It has no guarantees except that you can and will lose money when the market tanks and eventually you will have to pay taxes on it whether you have a gain or not.

Still interested?


It gets even dicier. Your money in this 401 account is illiquid until after age 59.5 and you have to pay fees on the account (even hidden fees that you know nothing about) for life to Wall Street whether they make you money or not.

Can you guess what it is?!?


If you follow the mainstream financial media you likely have one of these 401k accounts.  You also buy term insurance thinking Whole Life is expensive and have been led to believe permanent life insurance is a waste of money.

Madison Avenue and Wall Street know that if you hear the same thing for long enough, you'll actually believe it's true. Those fat cats are pretty clever, aren't they?

In my honest opinion, only a unwitting person completely unaware of a better option would park their money with Uncle Sam and Wall Street in a retirement account lockbox called a 401k because one entity will tax you for life and the other will bleed your account dry while you take all the risk.
If that's appealing to you, please proceed with your regularly scheduled programming...

The only people getting wealthy from mutual funds & 401k's are the financiers on Wall Street!  


My apologies (sort of) for poking fun at the 401k which the majority of Americans use to fund their retirement.  My point in leading off with it is to point out that a "secret" financial strategy like the 770 Account isn't really much of a secret because it's actually been around for over 150 years.  Depending on how old you are, your grandparents probably had one!  They certainly didn't have a 401k and they were smart enough to not trust the banks.

One important difference between the 770 Account and the 401k account is that you're only familiar with the latter.


The 770 Account is the alternative retirement account that you either have never heard of it before or, if you have, chances are you are most likely misinformed or have yet to be properly educated about the strategy.  (The first giveaway is that you're calling it the 770 Account!)

I can pretty much guarantee you don't understand this proven wealth strategy because the life insurance industry doesn't even teach this strategy.  In fact, it's still so obscure that it's now being called the 770 Account by a newsletter putting a new spin on old registered trademark and people are none the wiser.

And if those in the life insurance industry don't know the in's and out's of this financial strategy (sadly,the majority of advisors use the wrong type of contract), I'm absolutely positive the traditional government approved Wall Street advisor knows next to nothing except what they might have heard about it in conversation from another person who might have only heard a short ad on the radio.  So for the lay person, knowledge about the 770 Account is even more obscure, if that's even possible...

The bottom line is this, the 770 Account is very much a secret if you call it by that name.  Lately I've been seeing videos on the internet for a secret investment that of course sounds too good to be true.  It's called the "770 Account" or "the Presidential Account" but it's best known as the Infinite Banking Concept® (or IBC for short) which is the original trademark and the trusted source behind this strategy.

For those that already think they know what the Infinite Banking Concept is about, I'm going to stop you in your tracks.  Infinite Banking is more than a Whole Life contract which is simply a product that combines a tax-favored savings component under IRS code 7702 (get it?) with a death benefit to boot.

Brace Yourself...


The 770 Account is BY FAR not too good to be true because it's actually safer, 100% liquid, and more predictable than any other type of wealth accumulating strategy that exists.

The Infinite Banking Concept® is the only strategy by which you can eliminate uncertainty (Wall Street), usury (bank financing), and taxes (the IRS) from your life forever.

What could be better than the 770 Account (Infinite Banking)?!?


Answer this riddle and you will know:  It's more powerful than God. It's more evil than the Devil. The poor have it. The rich need it. If you eat it you will die.   (Answer below.)

This is what the 770 Account visually looks like (click to enlarge):
Banking is a Proce$$

As an IBC Practitioner, I teach this strategy in my practice and I've seen the impact it has had in my clients lives.  The "770 Account" is the mother of all foundations for wealth building. Why? Because it can give birth to new investments without opportunity cost.  Your money is always working for you even when you deploy it somewhere else!

Educate yourself by doing your own research about the Infinite Banking Concept.


Don't believe the online jokers on message boards who know nothing about Whole Life contracts.  This includes the typical Wall Street advisor paid to sell you mutual funds or the lay person who only buys term because they've never learned how wealthy people accumulate tax-favored money in these accounts using very specific riders to turbo charge the cash values.

For a better understanding of how the 770 Account works, talk to an IBC Practitioner who can teach you the concept.  You can verify my affiliation with the Infinite Banking Institute by clicking here: http://www.infinitebanking.org/finder/   Best of all, you won't have to pay a monthly subscription to a newsletter for learning how you can benefit.

… the answer to that riddle: nothing.

And by the way, the most common lament I hear from people once they learn the truth about the 770 Account/IBC is that they wish they would have known about this decades ago.  (Just heard it again this morning from a 64 year old gentleman wanting to get started and is two years from retirement.  If this sounds similar to your situation, a different version of the 770 Account is your best bet.  Ask me about it.)

Do yourself a favor and get started today.  You'll thank yourself later (and your kids and grandkids will, too).
Screen Shot 2013-12-21 at 10.47.57 AM

Best,





John A. Montoya
JLM Wealth Strategies, Inc.
john@JLMws.com
(925) 386-6639 Office
Bank On Yourself™ Authorized Advisor
IBC Horiz-Med


Friday, December 13, 2013

Evolution in Teaching Math


Evolution in Teaching Math

Last week I purchased a burger at a fast food restaurant for $1.58. The counter girl took my $2 and I was digging for my change when I pulled 8 cents from my pocket and gave it to her. She stood there, holding the nickel and 3 pennies, while looking at the screen on her register.

I sensed her discomfort and tried to tell her to just give me two quarters, but she hailed the manager for help. While he tried to explain the transaction to her, she stood there and cried.

Why do I tell you this? Because of the evolution in teaching Math since the 1950s:

Teaching Math in 1950s
A logger sells a truckload of lumber for $100. His cost of production is 4/5 of the price. What is his profit?

Teaching Math in 1960s
A logger sells a truckload of lumber for $100. His cost of production is 4/5 of the price, or $80. What is his profit?

Teaching Math in1970s
A logger sells a truckload of lumber for $100. His cost of production is $80. Did he make a profit?

Teaching Math in 1980s
A logger sells a truckload of lumber for $100. His cost of production is $80 and his profit is $20. Your assignment: Underline the number 20.

Teaching Math in 1990s
A logger cuts down a beautiful forest because he is selfish and inconsiderate and cares nothing for the habitat of animals or the preservation of our woodlands. He does this so he can make a profit of $20.
What do you think of this way of making a living?

Topic for class participation after answering the question: “How did the birds and squirrels feel as the logger cut down their homes?” (There are no wrong answers, and if you feel like crying, it's OK.)

Teaching Math in 2009
Un hachero vende una carretada de maderapara $100. El costo de la producciones es $80. Cuanto dinero ha hecho?

Teaching Math in 2013
Who cares, just steal the lumber from your rich neighbor's property. He won't have a gun to stop you, and it's OK anyway ‘cuz it's redistributing the wealth.

Source: Unknown

Monday, November 11, 2013

The Wizard of OZ – an allegory



The Wizard of OZ – an allegory
(author unknown)



An allegory (parable) is the expression of truths about human conduct and experience by means of symbolic fictional figures and actions.

Such was the movie The Wizard of Oz, an allegory of the state of affairs we now live in today — an allegory of the unfolding New World Order that was instituted in America via the stock-market crash of 1929 and the bankruptcy of the United States in 1933.

The setting of this allegory is in Kansas — the “heartland” of America; the geographical center of the U.S.A.

In came the twister — the whirling confusion of the Great Depression, the stock-market crash, the U.S. Bankruptcy, and the theft of America's gold — that whisked Dorothy and Toto up into the New Order of the World; an artificial new dimension “somewhere, over the rainbow,” above the solid ground of Kansas.

When they landed in Oz, Dorothy commented to her little dog Toto: “Toto? I have a feeling we're not in Kansas anymore . . .” Exactly!

After the bankruptcy of the United States, Kansas was no longer “Kansas” anymore, it is now “KS” — a two-capital-letter federal postal designation that is part of the “federal zone,” designated by the Zone ImProvement (ZIP) Code established by the bankrupt United States in 1933 — and Dorothy and Toto were now “in this state.” The terms: “in this state,” “this state,” and “state” are deceptively defined for tax jurisdiction purposes as the “District of Columbia,” a.k.a. the United States, Inc., or the corporate United States.

In the 1930s the all-capital-letter-written-name strawman — the newly created artificial “person” that has no brain and speaks and acts for its once-upon-a-time sovereign, you and me — was created while Americans were confused and distracted by the commotion caused by the introduction of the New World Order of communistic socialism, to figure out that they even had a strawman with which to contend. The scarecrow identified this strawman persona for Dorothy thusly: “Some people without brains do an awful lot of talking. Of course, I'm not bright about doing things.”



In his classic song, “If I Only Had A Brain,” the scarecrow/strawman succinctly augured, “I'd unravel every riddle, For every Individual, In trouble or in pain.”

Individual: a United States government Employee. (Title 5 USC §552(a)2). The Internal Revenue Code (IRC) and all state tax codes are in harmony with the above definition of “individual” by reference only. A corporation-of-one is an artificial person constructed by law; not a living, breathing man or woman. An “individual” is a public corporate persona existing only in the public (government) domain having been created by law, not by God.

The drafters of codes and laws take everyday common speech and give it arcane encrypted meanings that are generally unknown or unknowable to the uninitiated even after serious study.
Therefore, most folks are commercially, legally, and financially enslaved because of their ignorance of the true situation. Even knowing that “ignorance of the law is no excuse” they find themselves helpless, unarmed, and uninformed. [Upon close examination one can see a direct tie in with America’s secret establishment known as the Order of Skull & Bones, as it was brought about to bring down the united States of America, its members have penetrated just about every significant research, policy, opinion-making organization in the United States as well as many of the leading educational institutions. Also known as ‘the dumbing down’ of America. (If you had trouble reading the previous sentence blame your poor educational experience as a result of the influence of the Order of Skull & Bones and its members.)]

Translation: Once we discover that our strawman exists, and that we have co-signed for him [signing by accommodation], political and legal mysteries, complexities, and confusions are resolved. When we take title to our strawman (UCC1 financing statement), we protect ourselves from any liabilities that we might otherwise occur.

The tin-man, our Taxpayer-Identification-Number (TIN) man, is a hollow man of tin, a vessel, or vehicle; newly created code words for our strawman. [not being sexist here as one could say, ‘hollow woman of tin’ or ‘strawwoman’.]

Just as the strawman has no brain, the tin-man vessel/vehicle has no heart. Both are artificial persons. (person = persona = mask). [Learn up on the word, ‘person’]

Persons are divided by law into natural and artificial. Natural persons are persons created by God, and artificial persons are persons devised by human law for the purpose of governing them as “corporations-of-one” or bodies-politic.

The precise definition of the term “person” is therefore necessary to identify those to whom the 14th Amendment to the Constitution affords its protections and liabilities, since the 14th Amendment expressly applies to “persons.”

A strawman is a person with a fictitious name written in “legalese” — language foreign to the rules of English grammar. Flesh and blood men and women with names [titles] written in [hand] cursive, with initial-letters-only capitalized, are not “persons” even though they are referred to as natural persons at times.

It is as impossible for a person to be natural as it is for a man to be artificial. “Person” is a silent artificial construct hatched up by lawyers, to be used and controlled by lawyers’ encrypted “codes.”
One of the definitions of “tin” found in Webster's dictionary is “counterfeit.” The tin-man represents the mechanical and heartless aspect of commerce and commercial law. Just like they say in the Mafia, as they throw you overboard, you feet in concrete overshoes, “Nothing personal; [its] just business.”
The heartless tin-man carried an “axe,” a traditional symbol for God, and for modern commercial law, in most dominant civilizations, including fascist states. In the words of the tin-man, as he expressed relief after Dorothy had oiled his arm, “I've held that axe up for ages.” 



The word “ace” is etymologically related to the word “axe” and in a deck of cards the only card above the King is the Ace − God. One of the Axis Powers of World War II was a fascist state, Italy. The symbol for fascism is the “fasces,” a bundle of rods with an ax bound up in it with its blade sticking out.




The fasces may be found on the reverse of the American Mercury-head dime (the Roman deity Mercury was the God of Commerce) and on the wall behind and on each side of the Speaker's Podium in the United States Senate, each gold fasces being approximately six feet high. At the base of the Seal of the United States Senate are two fasces, crossed.

The lion in the story represents the “at-one-time” fearless American people as having lost their courage. And after a round with the IRS, in “defending” your T-I-N man, dummy corporation, vessel vehicle, individual employee, public corporation, all capital letters written name, artificial person, strawman, you'd lose your courage, too. You perhaps haven't known it, but the IRS has been dealing with you all along via your tin-man under the hidden laws of commerce. Just like the tin-man, “commerce” has no heart; it is heartless.

To find the Wizard, you have to “follow the yellow-brick road” (the gold-bar road.) Follow the trail of America's stolen gold and you'll find the thief who stole it. 



In the beginning of the movie, the Wizard's counterpart was the traveling mystic, “Professor Marvel” who Dorothy encountered when she ran away with Toto. His macabre shingle touted that he was “…acclaimed by The Crowned Heads of Europe, Past, Present, and Future.” Professor Marvel must have really been a Wizard to be acclaimed so by the future Crowned Heads of Europe, even before they were crowned!

Before the bankers stole America, they had long-since overpowered the Christian Kings and Queens of Europe and looted their kingdoms. Maybe “Professor Marvel” knew something about the future that other folks didn't know. With a human skull peering down from its painted perch above the door to his wagon, the professor lectured Dorothy about the priests of Isis and Osiris, the Pharaohs of Egypt, and the days of yore.

When Dorothy Gale and her new friends emerged from the forest, they were elated to see the Emerald City before them, only a short distance away. The Wicked Witch of the West, desperate for the ruby slippers that Dorothy was wearing, would have to make her move before our heroes arrived safely inside the Emerald City gates.

In the original book, The Wonderful Wizard of Oz, by Frank Baum, published 39 years before the movie came out in 1939, and three years before the crash, the slippers were not ruby-red, but silver. 

America still had its gold at that time, and the value of 1 oz. of gold was set at 15 oz. of silver; silver - then as now- being the more plentiful. Backed by gold, the currency of the day carried America to a position of pre-eminence throughout the world. But when the movie came out in 1939, the slippers were not silver, but ruby red.

Between the years 1916 and 1933, America's gold was absorbed by the private non-federal Federal Reserve and shipped off to the FED’s owners in Germany and England because the use of Federal Reserve Notes carried an interest penalty that could only be paid in gold. Our former currency, United States Notes, carried no such interest requirement, but such was the “bargain” that came with the New World Order of the non-federal Federal Reserve in 1913.

When the United States’ Bankruptcy was declared in 1933, Americans were forced to turn in (surrender) all their gold coin, gold bullion, and gold certificates by May 1st — “May Day” — the birthday of the Communism and the Illuminati in 1776, the year that the American Colonists declared their independence from the Crown.

Talking to people who were alive at that time, the general sentiment toward such “theft” in 1933 bordered on a second revolutionary war.

Maybe it was too much of a clue, or too much salt in their wounds, for Dorothy to be skipping down the golden yellow-brick-road in a pair of silver slippers. So, for whatever reason, a color less likely to provoke the people was selected.

With regard to the choice of ruby slippers — slippers colored red — one explanation is that on commercial documents and the like, red signifies private as opposed to public. Your new Social Security Card has a red serial number on the reverse. But no matter their color in the movie, the Wicked Witch of the West had big plans to get her hands on the precious slippers before Dorothy and crew could make it to Emerald City.

Her tactic was to drug them into unconsciousness by covering the countryside with poppy flowers, poppies — the source of heroin, opium, and morphine — and then waltz in and snatch the slippers. In other words, the best way to loot the gold was to dull the senses of the American people with a contrived crisis (the Great Depression.) And of course now we have illicit street drugs, heroin, cocaine, etc., and legal drugs such as Ridlin®, etc. and television, bogus media dishing out control propaganda, etc. …etc.

The poppy-drugs worked on Dorothy, the lion and Toto — the flesh-and-blood entities — but had no effect on the scarecrow or the tin-man — the artificial entities. The two cried out for help, and Glenda — the Good Witch of the North — answered their cries with a blanket of snow that nullified the narcotic effect of the poppies on Dorothy, Toto, and the lion.

As they all scampered toward the Emerald City — the city of green non-federal Federal Reserve Notes (the new fiat money - money by decree) — we hear the Munchkins singing the glories of the Wizard's Creation:
 “You're out of the woods, Your out of the dark, Your out of the night. Step into the sun, Step into the light, Keep straight ahead for the most glorious place on the face of the earth or the stars!” 

This jingle abounds with Illuminati/Luciferian metaphors regarding darkness and light.

The Wicked Witch of the West made her home in a round medieval Watchtower — ancient symbol of The Knights Templar of Freemasonry who are given to practicing witchcraft and are also credited to be the originators of modern banking, circa 1099 A.D. 



The Wicked Witch of the West was dressed in black, the color that symbolizes the planet Saturn, a sacred icon of The Knights Templar, and [interestingly] the “color of choice” of judges and priests for their robes.

Who was the Wicked Witch of the West? Remember, in the first part of the film her counterpart was Almira Gulch who, according to Auntie Em, “…owned half the county.” Miss Gulch alleged that Dorothy's dog, Toto, had bitten her. She came to the farm with an “Order from the Sheriff” demanding that they surrender Toto to her custody and control. Auntie Em was not immediately cooperative and answered Miss Gulch's allegations that Toto had bitten her, “He's really gentle -- with gentle people, that is.”

When Miss. Gulch challenged them to withhold Toto from her and “…go against the law,” dear old Auntie Em was relegated to “pushing the Party Line” for Big Brother government. Auntie Em dutifully succumbed to the pressure and counseled Dorothy, reluctantly, “We can't go against the law, Dorothy. I'm afraid poor Toto will have to go.”

When Dorothy refused to surrender Toto Miss Gulch lashed out: “If you don't hand over that dog I'll bring a suit that'll take your whole farm!”

Today >70% of all attorneys in the world reside in the West — in America to be exact — and =>95% of all law suites in the world are filed under the jurisdiction of the corporate United States. The Wicked Witch of the West and Miss Gulch symbolize Judges and Attorneys — primary agents for the transfer of all wealth in America from the people to the United States, the United Nations, and the international banks. [Study the word, “attorn(ey)”]

The American Bar Association is a branch of the Bar Council, under the Bar Association of England and Wales. (British Accreditation Registry) [Some believe it to be a religious association run by Esquires of the middle temple of the city of London – not as in London, England but a particular place in the city of London.] As the copyrighted property of a British Company, all states’ and United States Codes are private British owned Law, and all states’ and United States courts, state Bar Associations, and the “State of [name each of the 50 States],” go by and enforce private de facto British owned Law against Americans, operating as private foreign owned tribunals or administrative agencies doing business in the states under cover and color of [each of the 50 states’] Law. 

The Wicked Witch of the West wanted the ruby (silver) slippers (the precious metals) — and her counterpart, Miss. Gulch, wanted Toto, too. What does “toto” signify in attorney legalese? “Everything!” Miss Gulch wanted to take everything.

Dorothy and the gang fell for the Wizard's illusion in the beginning, but soon wised up and discovered the Wizard for what he was [is], a confidence man. When asked about helping the scarecrow/strawman, the Wizard cited — among other babblings about “getting a brain” and “universities” — the land of “E Pluribus Unum” (Latin for “One out of many”); converting many into one; meaning the New World Order.

“Novus Ordo Seclorum” is the Latin phrase placed on the American one-dollar bill shortly after the bankruptcy of the U.S. Government was declared in 1933. The Wizard proudly revealed (confessed) that he was, “… Born and bred in the heart of the western wilderness - an old Kansas man myself.”
The bankers did quite well. And, as the Wizard said, they made a killing in the America west with the theft of America's gold, labor, and property from the “grateful and responsive rural folk” (a quoted phrase of John D. Rockefeller) who populated the country at that time.

When Dorothy asked Glenda, the Good Witch of the North for help in getting back to Kansas, Glenda replied, “You don't need to be helped; you've always had the power to go back to Kansas.” 

Translation: You've always had the right and power to re-claim your sovereignty; you just forgot your remedy; a UCC1 Form and Security Agreement sent to the Secretary of State and an Invoice and Bill of Exchange to the Secretary of the Treasury, which can be completed from scratch in a very short time.

Remedy: Remedy is the means by which the violation of a right is prevented, redressed, or compensated. Both remedy and rights include those remedial rights of self-help which are among the most important bodies of rights under the Universal Commercial Code (UCC). Remedial rights are rights an aggrieved party can resort to on his own. “Acceptance of Value” is our Remedy.

Americans have intimate firsthand knowledge of the heartless mechanics of the laws of commerce when strictly applied by the unregistered, foreign agents of the IRS.

The Internal Revenue Service is the collection agency for the private non-federal Federal Reserve and the International Monetary Fund. It was placed under the Uniform Commercial Code in 1954 and has been operating strictly in that realm ever since.

You may have wondered about the meaning behind the words, “The Wizard of Oz”? Look them up in the dictionary. Like almost everything else, the ruse is out there in the open for all to see, if you will look, and see.
One definition of Wizard is “a person of high professional skill or knowledge.” Oz is an abbreviation of “onza,” the Italian word for ounce (oz.) or ounces, the unit of measurement of gold and silver and other precious metals. No matter how large the quantity of gold or silver being discussed, the amount is always expressed in ounces rather than hundreds of tons of gold, it’s stated as so many million ounces of gold.

As the factual history of this country attests, “The Wizard of Oz” is the “Wizard of Ounces”, of silver and gold.

Everything worked out for Dorothy (the American people) in the end. In the end she “made it home” to Kansas and her friends.

Meaning: There's a remedy encoded, disguised, and camouflaged in law. The UCC has been cracked and there's a way home, just like in the movie. Like Dorothy said, “There's no place like home” — there's nothing like sovereignty for a sovereign!

Vice Admiralty courts are courts established in the Queen's possessions beyond the seas, with jurisdiction over maritime causes and those relating to “prize.” The United States is now a colony (a possession) of the English Crown, per a joint commercial venture agreement between the colonies (the United States) and the Crown, which brought the United States back under British ownership and rule, in 1933.

But the American people had a “standing in law” as sovereigns, independent of any connection to the United States and the Crown. This “standing in law” necessitated that the people be brought back under British rule, quietly and one at a time — but the Commercial Process of Redemption, through the UCC, will redeem us from this travesty.

All courts in America are Vice-Admiralty courts conducting the private foreign commerce of the Crown. But there is commercial remedy in Redemption-in-Law.

Will you continue to be conned by confidence men into worshiping the Wizard's light-show or will you look behind the veil?
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…as found on, http://www.freedom-school.com/