0:09
Hi, everybody, thanks for joining.
0:11
You see the introduction here, I just thought I'd put it in writing and probably much easier to post, instead of talking about it, and I just add one little note here that I'll share with you guys later. But I want to talk about, let me know if you have a problem hearing me, because I'm not gonna use my headset or headset on.
0:30
Just let me know, but, anyways, um, I want to talk about this because I want you all to understand how the PMA works.
0:38
It's not an entity.
0:40
So I made some notes here, I'm gonna go from real quick that PMA is not an entity. It has certain characteristics and let me get into that here.
0:49
It's a way to hold property rights that that removes the property rights from the taxing jurisdiction, I guess, is a good way to say it, but let me give you some examples of a private membership association, As you can see here, it's a club, a society, right?
1:06
A church is an example of a piano, social gathering, right, a party, even a business venue.
1:12
You can have a business and it can be private and I'll explain how we make that determination, but it can describe a PMA describes, or it can be described by marriage that's the PMA, speakeasy, OK, a family is a PMA.
1:26
Now for many of you and I set up a legal structure, we're setting up a statutory an entity that can interact with the world, and it can also pass through liability, That's what you want.
1:39
And my opinion, I don't think you want a private organization out in the world doing business with banks and third parties, because then you get into the tax system, or no one will deal with you, so it's much easier to use a pass through an LLC and then retain the property rights through your association.
1:58
So I start out most LLCs unless you tell me otherwise, or unless there's a different need with the understanding that it's for your family.
2:07
It could be a real partnership as well.
2:09
A speakeasy is an excellent example of a business model that was a PMA, and there are still those around.
2:15
I'm not gonna get into that too much, but we still have the business model of a speakeasy, and it's in our neighborhoods, OK?
2:23
For example, bottle clubs, right after hours, bars. That's an example of that. Homeowners associations, those are ...
2:32
Parents association, the Parent Teacher Association, things like that. Clubs, Societies birthday party a birthday party is a private association.
2:39
Social gatherings, funerals, weddings, even poker OK? The 12 step program with Alcoholics Anonymous, that's a PMA.
2:48
That's private.
2:50
Even I hate to say the World Economic Forum, but we should start on what we should understand is that the reason why I bring this up, is because the private associations are being used to rule the world. Or they're trying it using the Rule the world now.
3:02
All right, so just be aware of that.
3:04
I mean, look around and see how most of most of the information, we're getting about, what we're seeing around us, in terms of the supply chain and big events that are affecting everybody, are influenced by private associations.
3:19
And I'm gonna say that, um, World Economic Forum, the World Bank, things of that nature, the World Health Organization, those are all a matter of associations between nations, OK? Even military operations.
3:33
So, we're surrounded by ..., and they're being used against us right now, but yet, the power to set up P ... or the rights to be able to do that. And to, for that matter, to set up a nation.
3:46
Those come from our individual rights, private property rights, the right to do things, OK.
3:54
So, all of our, All that power is being used against us, that we don't, we're not utilizing that yet.
4:01
The core system itself, that we're using.
4:03
Same with the Family court, the Court. I mean, it's a franchise of a private, it's a church. The court systems, the church, I mean, the first thing that it Just hit me back in the nineties, when I was working with my, my first partner, and he was training me on a lot of these concepts. He made the analogy that, if you look at the bible and see how it's formatted.
4:19
I mean, it's a very crude way to look at this, but if you look at the bible and you look at the, pick any volume of the statute's for your state or the federal USC, whatever, you'll see that it's formatted the same way.
4:31
It's got two columns and it's numbered by chapter and verse, and page and all these things.
4:37
And then if you go into the courtroom which will look like a church where I got the pulpit in the benches or the pews or a monster. So, not just because of that, but the way it operates.
4:46
The courts operate as a private club, and it's lately, that's become more obvious.
4:52
So, the court system, as I describe it as an ecclesiastical society, it's a church, and we have allowed it to be the gatekeeper so that the gatekeeper in the access of the law, the law, is not owned by anybody.
5:06
But the court system has created and ownership over our access to the law, OK? A gate made itself the gatekeeper, or we let that happen injustice. And you know, the police power. So in order to get to the police power, like if someone owes you money and you assume, right?
5:22
The reason why I assume is because you get the court to give you permission to use, then the police power, to go take the property. You can't just go take the property. You have to go to the judicial system, and then you can access the police power. And that creates a civil society, but what we forgot is that, that's our power.
5:40
And right now, it's being used against us, so it's important to understand what this is.
5:44
So a PM is not, or it does not need to be a legal entity.
5:51
It can be, but it doesn't need to be.
5:54
It is exclusive. It excludes more members than it admits typically.
5:59
It is not, does not need to be ... under any statute. So people ask me, What's the legal foundation for this? And I'll give you guys a reference here.
6:08
But, um, it's lawful OK, It's outside the statutory scheme, A statutory scheme is essentially and by the way, OK, every law that affects people is part of the common law.
6:21
Statutes are part of the common law statutes, operate as liens.
6:26
They're all taxing, OK.
6:30
But the PNA does not have to be recognized by any statute.
6:34
You don't want it to be actually for the purposes, many of which are what we were using, OK, so, for what we're talking about, let's agree that a statute is a commercial lien or a tax of a property, right, If a right, comes from a statute.
6:48
It is subject to the whims of the government, and I shouldn't say whims, but really the legislative process, OK? Hopefully it doesn't automatically have the right to sue. So a PMA, no exist you're already part of .... Everybody is, OK? You're a human being. So, you're part of a private association, OK? based on your gender, men, or women, right?
7:09
But, a PMA can have the right to sue. But by default, it does not. Now, if you want to have a PMA have the right to sue. Meaning to go into our Court system.
7:19
It has to have a set of articles that allow it to exist or to become an entity, I would think, OK. And there's some complex explanation behind that.
7:29
But basically a PMA does not have the right to sue or be sued.
7:34
And I can tell you a quick example, because when I work on the, you know, the fake public health emergency cases, when I work on that, in some, some of these government agencies that we bring cases against, their argument is that we sued the wrong person.
7:49
Because the name of the agency, or the sub office, whatever it was that our client worked for, or is associated with, that causes the person to be fired or suffer, whatever violation. OK, when we filed the case against that party, that party says, Hey, we don't have the right to sue, nor do we have the Right, you have the right to sue us.
8:08
You have to sue the founding agency, right, or the department, which all we do is we revise the complaint. Right, to see that party. And the word that comes from is the articles, That form, that agency.
8:23
So you'd be surprised. Some government agencies don't have the right to sue or be sued.
8:27
I didn't know that until recently, so it just shows you what a PMA, the nature of it is, so its members have individual property rights or individual rights. Let's just say a property rights, the right to privacy.
8:41
Let's just say that, OK, and that's mostly what I'm talking about here, because that is very important. But also they have collective property rights.
8:49
So for example, let's say I'm working with them a family that, you know, is the husband a wife and a couple of children, and maybe a brother and a cousin or something, OK?
8:57
And um we take their PMA, and we we write up a document that describes the roles each of those people have in the operation of the PNA and in that PMA. We're going.
9:10
The reason why we're doing that in the first place is because the PMA is going to describe property rights. The PMA might describe or have the right to a business or cash flow or gold or something of value. Right?
9:24
Or, money that can be held in trust for the children, OK?
9:27
So that is important to be in writing so that everyone understands in what the terms are, and then there's no question about what those terms are, hopefully you want in writing.
9:37
But when you do that, when you when you take a PMA, that already exists without writing, OK, husband or wife, that's already a PMA.
9:45
And if I write up, like, for example, let's say I do a pre-nuptial agreement, or ...
9:50
agreement, that is an aspect of the PNA, that deals with a certain aspect of that relationship. It can be the entire relationship, or it could be an aspect, OK?
10:01
All right, so a PMA is a relationship in which property rights may be established in written articles or not. The reason why are existing system of taxation. That is the banking system, the insurance, the Government agencies They try to frustrate your use of the PMA, so when you're using a PMA, and you go open a Bank account, they don't want to deal with that. They don't want to let you have that.
10:21
They want you to be a resident and subject to, all right, they want your property rights to be within their, within their grasp. They all know what you're doing.
10:29
In fact, the banking system is a PMA, or versions of it, but a PMA, it's not by default or resident. You see, that's why.
10:38
That's why the banks are asking all this information, OK? They want to establish residency.
10:43
If you are, or you are saying that you're the hundred percent or the PMA, that doesn't mean it's true.
10:50
But you can say that, and the Bank is appeased because if that's the case, we'll then human being typically is going to be a resident somewhere And that's what they want.
11:00
Um, but we deal with that through the LLC, OK? So it's OK to say that 100%. And of course, we can have member rights that are adjudicated. Within the PMA, we can we can solve our own problems, right? Well, this is I mean we have that capacity. That's what human beings do. And so we can have a set of rules that deal with in the event of a dispute.
11:19
We can also have members of the PMA, um, post bonds, right? And that would that would put a financial interest in there so we can operate just like the governments we created.
11:30
We can operate through ... in the same manner, and I'm kind of building up to something here.
11:35
I want, over the next three months or so, I want to get into, I want to explain how private associations should be used to deal with a lot of the things we're seeing in our society right now. In other words, instead of protesting in the streets and voting for more people or new laws or something, what we need to do is just start participating.
11:58
I mean, the whole thing stinks, and there are ways of doing it, without becoming a victim, all right, without being violent, without getting property taken and things of that nature, OK.
12:09
So individual member rights can also be adjudicated, sort of, like I just said. So the PMA is not normally seen by the State can be, can be recognized. It doesn't have to be not. It normally is not. A birthday party is not go looking at your state statutes. I mean, is there any body of statutes that talk about the regulation of a birthday party? I mean, the only thing that would come into play would be if the birthday party, the people that are getting too loud, right, then that would fall into a different category of statutes. But this is leads, leads me into my point, is where the state has no compelling interest, right?
12:43
So what we want to do is operate privately and avoid a compelling interest.
12:50
Um, so.
12:54
Just like that birthday party example, OK, as long as you're not doing anything that's substantively evil, or you're running a business, OK? Let's say a gymnasium, and it's a club. It's a private club, and only people with a code can access the door. That is kind of the definition of a PMA. Because it's it's excluding everyone else, and you're not gonna get a code unless they say you can the owners, you know, give you access because you paid or something, right?
13:17
So, um, now, if the Gymnasium is doing something else, substantively evil, OK.
13:23
As that our court system says now, it gives the existing court system, the authority to overstep the PMA. Now, this may be what happened with Amos Miller.
13:37
OK, the farmer up there in Pennsylvania, the Amish Farmer, I think it kind of backfired in the government, but he must have done something to take step outside of that protection. Now, let's say he didn't.
13:48
Sure. The district court or the Department of Justice or your state attorney general's office, those those creatures can intrude upon the PMA. and then it's, you know, it's up to you to deal with it.
13:59
And so you want to do everything, the right the right way, meaning, you know, do what you say you're going to do and keep it private, and follow that criteria. And that doesn't mean that you can't be subject to know that this type of invasion. I'm not saying that we should not use a PMA because of that possibility. I think that possibility is greatly minimized, and I've seen really good results with it.
14:21
Anyways.
14:22
So in a PMA, that's somewhat formal and affecting a lot of people's property rights. We can keep track of those with an Excel spreadsheet, right? Like we're used to doing, we can have an accounting function.
14:33
We can also make it to where we can have some security in our accounting. We can actually have some accountability in our accounting. If we have an accounting record that can't be changed, it's immutable, right? We can use a blockchain. We can use some new cryptography that it's now easy to get.
14:49
And then ultimately we can use a PMA to establish licensing or permissions to do certain things within the membership, including banking and insurance, and regulatory compliance.
15:05
And I say this about, I'm talking about the healthcare industry now, I'm not talking about today's hospitals and doctors. That's my opinion, not the healthcare. In fact, there should not be a health care industry. What I'm saying is people need health care, to some extent.
15:21
And so the physicians that don't want to participate in the, the big genocide, they're committing right now.
15:28
They are in a situation where they're losing their licensing, And so what, they realize, is that they can establish their own, and it will be respected by the United States, if that's necessary, but it could be, and they can, also establish their own insurance, they can have regulatory compliance. They can have accountability. So that way, if that physician injure somebody, he can be accountable.
15:52
And yeah, and so, I'm gonna give you this reference here, Let me scroll back up here, and of course, I'm gonna, I'm gonna publish these notes here. We can, we can have more, but right here, if you guys search on the internet, I think I'm gonna give you a link here.
16:02
I can go pull that real quick.
16:04
You'll see this is just one example. if you want to do research, because I know many of you asked me, once I talk about this stuff, hey, where can I research nor?
16:13
If you just look at that link, right, Yale Law Review published is something called Exclusion from Private Associations, a private association by definition excludes many people, OK, disqualifies them, That's what makes it a private club all right.
16:28
So, just to summarize, and we can do Q&A, um.
16:35
What I want you to understand is that if you asked me for things like, Hey John, can I have a PMA for this thing that, um, an LLC could handle or that a handshake can handle?
16:48
I'm going to tell you, look if you can do the thing because you can do the thing. If you can, you know, work out a deal with two people and what do you need? A legal document for you, Don't you don't need to show it to anybody. You need to prove anything. And you don't need to create an entity. You already have a private association. Just use it. Just realize it and you don't have to qualify anything, You don't want it because you're really smart and you're, you're talking about, you know, you guys know the tax code and you're you know, a lot more than I do about somebody's talking about gifting today. I'm like, I don't know what the limits are and the IRS and I don't care. But some of you do, and I think it's irrelevant.
17:21
It's good that you know it but you're not trying to meet or qualify your your use of the PMA, OK? We're human beings and this is how we live. This is how we exist and it just so happens that for convenience or for security or whatever. We set up a government system and it's quite functional. Lately it's starting to break down.
17:39
So I just wanted to, you know, bring that to your attention. Don't think of a PMA as an entity.
17:45
Although it could be and don't think that it needs a document to be to come into existence.
17:49
It does not have to be recognized by statute to exist, because it may be, for the most part, a relationship relationships.
18:01
Unless you guys can show me a counter argument to this, relationships are not a thing that can be taxed.
18:08
OK, entities involved in transactions can be taxed and they can only be taxed by their use of a taxable currency, OK?
18:19
So, this is a nice thing about PLAs, is that they're just simply a name for a relationship.
18:25
They're not entities, by themselves.
18:28
So, hope that maybe gives you guys a better understanding, That's how I look at it, anyways.
18:33
I've been using the concept without really talking about it, since the nineties, and I got, I got there by, in the early nineties, I was learning about these things, and I was focused more on IRS and debt collections. And I, I just saw how the IRS would really abuse people's trust organizations. And some of them really were not properly employed. Trust, they were, they were not used further.
18:58
So, I hate to say that the IRS, you know, probably do the right thing. I hate to say that, but, in some sense, like I can say that some of the cases, the Iris was not fault.
19:07
The people didn't understand what they were doing.
19:09
So what I realized is that if I can hold property, or whole property rights in a group, or in a collective manner, through an association, I can I can describe the association by a list of names.
19:25
Or I can give that group of people name collectively, and I call this society, OK?
19:33
Um, and so here's what, this is where we are, this is this is the way I like to use, and certainly you can be like the World Economic Forum, I wonder if that's even registered with articles somewhere? In some country, I wonder.
19:47
Because we have all kinds of jurisdictions around the world.
19:49
We've got about almost 200 national jurisdictions. But then we've got an international jurisdiction that if you wanna look in the States entitled 50 of the United States Code that governs maritime law, OK? Out at sea, Alright? So the PMA that I like to use for you guys, and for what I wanna do, we do similar things. That's kind of like having an offshore entity although it's not an entity but it's an offshore type vehicle that you can use our relationship. Let's say it's outside the jurisdiction.
20:19
That's that's my best way of saying hey, if you'd like offshore organizations at PM is excellent for that because it's outside of this taxing jurisdiction and it's not in a another foreign jurisdiction, it's a relationship. Aren't enough of that? If you guys wanna, oh, you know, ask some questions on that, that's fine. And then once we're done with that, we can certainly I'd like to talk about anything, if you guys. want to go ahead I'll just call on you. Raise your hand.
20:48
Some comments. how do I raise my hand, or should I just jump in now? Yeah, go ahead.
20:52
Yeah. Well I'm looking to have a birthday party next month. Can you help me set up a PMA? Just do it, Senior Advisor. No real question.
21:04
So My Health Business Nutrition business, I operate under a PMA, but right now I am.
21:13
I kinda I don't specialize in anything.
21:15
I help people with a broad range of health problems, but in the future, I'm looking to specialize and help people with a particular health condition.
21:26
So I'm wondering that that's going to raise more eyebrows and, you know, put more attention on me.
21:33
So with the State medical licensing laws, I'm wondering if the PMA is going to be enough, too.
21:45
Kinda protect me or help resist any attention from the medical authorities from the statue, or do you have any insight about that.
21:56
I do, In fact, I was speaking with someone this week who is a chiropractor and he figured it out himself. And even so, the state tried to interfere with this business and they couldn't, So they resorted to just name calling, and they try to disparages name, you know, and so they didn't take them anywhere, but he was smart.
22:13
He, basically, he's not doing a thing that a physician or licensed physician would do. And he's not using the terminology interacting with this patients, I don't know what he calls him if he calls them members. So, they join his, and I believe it's an ecclesiastical society. I think he set up a church.
22:30
Call it something special, but basically, it was a church, and so anybody who's a part of the church can can get this help, but it's not advertized to everyone.
22:40
You know, that's the key is you don't want to advertize to the public and let strangers come in, although you could, but the offer to do a certain thing should not be in that, that advertisement.
22:49
Let's say, you know, you don't want to advertize a medical procedure, but you want to advertize membership for the help for your health and well-being.
22:58
That can be done. Yeah. My mother was a licensed massage therapist. She hardly did that work, though. She did healing. But you can't advertize for that. Because they're just going to call your craft and so forth.
23:09
Sometimes she would just do massage, because people didn't need anything else. But then that created the membership and into so people that understood what she was doing would come to her for that, and she would do 90% of her work was actually healing people.
23:26
So yeah, but that's what you do. You just you know, you make it private, look at it like the gymnasium, the gym model that I've seen over the last few years. I've probably worked at about five gyms.
23:36
And all I did was, mean, many of them already operated the right way, Meaning they already locked out non members. You can see, you can still come in the building as a non member, you can just knock on the door, and then they'll, they'll let you in. And then they'll say, would you like to be a member? Would you like a tour? That's fine, yeah, and then everybody else had their code, and that makes it a private membership association.
24:00
I appreciate that insight, OK.
24:02
Thanks.
24:02
All right, alright, Emily, Um, hi.
24:07
I wanted to know if there is sort of a limit on the number people I sort of got the idea that private membership clubs for, you know, like 30, 40, 50, when they got to be more people than you could break them up and smaller clubs, but he couldn't have a ginormous.
24:27
For example, if I'm interested in the PMA, that excludes all governmental people and everybody else.
24:37
All right, No, I don't think there's a limit on membership, 'cause look at it this way.
24:41
I mean, how many members of the Association of people that are right-handed, do you think there are? I mean, pick a state. Pick a country, or pick the world. I mean, it could be millions, right? It is, in fact, an association.
24:58
By definition, if you're right-handed, you're pretty much not going to be no left handed.
25:04
So you are in an association that does exclude a significant portion of the population, but that's how can you imagine? You know.
25:15
I just, this is a total aside, I'll probably leave it to say, but I just saw a documentary about Paul, the Beatles death in 1966, And the double they put in it was, anyway, that's a total aside. But he revealed himself by she was, of course, Lept added. And this guy, anyway, back to my question about Title 50.
25:38
OK.
25:39
Title 50: the Maritime law off shore vehicles. So.
25:46
Would you advise a weighting to Title 50 to understand?
25:53
where we stand in law, if we're gonna choose the jurisdiction of maritime law, OK, Well, we need to bone up on that before we do this.
26:03
It's ancillary to your understanding of your right to contract Really your right to contract, right, of freedom of association, private property. Those are the things I focus on. It.
26:13
Title 50, you're you're looking at the regulation of vessels and vehicles and international waters and I know that people are treated as what we call it like Articles of Commerce out at sea.
26:26
I understand all that the birthing process and how that's viewed I know than commercial paper, but what I'm, so what I'm suggesting is we just have our own system, right? But, yeah, deals with international commerce out at sea, to understand more of it. I would look at private property rights. I will look at the right of Association. I would also look at the Law of nations that you'll find it's compiled by one thousand pages. But it's free on, on the internet.
26:52
Just search on the Law of Nations PDF.
26:56
You'll get that PDF format.
26:57
It was compiled in the year 7800 by a Frenchman Named Battelle, the T.t.l. or ELL or something like that, .... Yes, and it's a real hard read.
27:08
I mean, it's like, it's more difficult than reading John Locke and Thomas Hobbes, So But you can, There's a table of contents. And glossary. So you can look through and find out about how, you know people traditionally have associated with each other.
27:22
But look, a private property is, Is inalienable. It's, it's infinite, you can't, I mean, you can try to regulate some aspect of it, but you can only do so when you're involved with Commerce and how it may adversely affect other people.
27:35
That's why we have government is to kind of keep everything equitable, if you will.
27:41
OK, that reference I gave you I would start there a Yale Law review, right?
27:45
Yep, Thank you. Yeah, it's got some good case law. Somebody asked me, What is this?
27:50
If the PM is with outside the USA, shouldn't use an F G T, what is that F G T, Foreign Graduates Trust.
27:59
Foreign grantor's Trust, OK. Well, a trust is a trust. We interact with trust all day long. You just don't know it.
28:08
PMA can be a trust.
28:11
Mean what does the Foreign Grantor?
28:13
Trust is specifically for trust opportunity in the USA owned by entities outside of the USA.
28:20
OK, That's fine, I'm sure would be recognized by the US District Court of Foreign Affairs or the US. District Court. That's fine.
28:27
Mean, it's a tool, right? Like, if you asked me what's better push, mower, or riding mower, I would ask you how big your yard is. You know, so every every one of these is a tool, I don't know, that I've used a foreign grantor, trust. And it sounds pretty clever.
28:42
But what was the Do you have a specific use case for it?
28:46
Not really.
28:48
I just thought it sounds like it's like well for outside of save The PMA then you know, we can rather the interface marquise a foreign Oh, you know, a foreign trust instead of a locally.
29:02
one of the things is, you don't have to register it with the state.
29:06
Like, you know, most corporations or you don't, correct, where's the FTT would be?
29:13
So national things sort of state little thing is just recognizing that your your outlet and nation are allowed to do business inside of the nation.
29:19
So I just, that's kinda cool, but I'm not really an expert.
29:25
Well, a grantor, trust. I mean, every trust has a grant or someone has to contribute property to it, and that person becomes the trust store.
29:32
Then, a trust is organized for the benefit of beneficiaries. So what does that mean? It's either going to be revocable, are irrevocable. It could be it could be a non resident, or a resident like, in your case, You're a non resident. So foreign grantor, trust, let's say it's organized in another jurisdiction from where the trustee resides.
29:51
And so what?
29:54
It really, I don't know what the benefit is there.
29:58
It sounds cool, though.
30:00
one of the one of the benefits is, it's, um, it's not taxable by default, as opposed to, no, an LLC doing business has to, you set up a pass through properly.
30:12
And, And never, never file what it pass through, whereas the foreign grantors just, um, is never expected filed first place.
30:24
Nor is an LLC.
30:26
Yeah, good point. Yes. Until you take the same concept, here, Well, what about a foreign grantor? Trust?
30:34
It opens a bank account of the states that the banks going to tell it to get a tax number, and it won't deal with it. And let's look at the tax number which places it in the same category as an LLC that's uses it pass through.
30:44
So they each have an EIN, but neither of them have a filing requirement.
30:49
Yeah, I mean, that's what I'm saying.
30:54
It. how is it? How is the thing being used? If it's for the benefit of beneficiaries and someone contributes property to it and administers it for the benefit of beneficiaries, you have a trust in color you want. And the way the bankers work today is they just want everything to be tagged with the tax number, That itself doesn't create a tax liability. It just makes it somewhat of a resident of the United States, and there goes your foreign status.
31:17
No.
31:17
Unless you just set up in that jurisdiction where, I don't know where it's where the status is, right, the ...
31:23
site, the status of the trust, if the banking facility is there, OK, but that serve you in your other jurisdiction.
31:33
I'm just thinking in the near future when they try to push this digital currency on us, um, we can use the same technology to not be in that system.
31:42
And so we don't need these government controlled banks, we can create our own banking facility with this technology.
31:51
Yeah. So they handle people co-operating on that. That's, that's hurting all the cash.
31:56
All, the eight. But, we need them to start working together somehow on how do they find each other networking.
32:04
I'm optimistic, I mean, look at the technology that gave birth to Bitcoin and all these cryptocurrencies. I mean, and they survived over time. Based on their, you know, efficacy, the use of them.
32:14
So, I'm optimistic that people will, you know, find a way they usually do.
32:19
So. Yeah, It's gonna be interesting.
32:23
OK, we go to Victoria. I'm confident we make you wait too long. I got carried away there.
32:29
Hi.
32:32
I'm a little new to this.
32:33
so this might sound like a really dumb question, and I've just been listening to your videos and trying to understand all of this, but could you sort of simply explain how a PMA would work to maybe via an L, L, C, for for me, to conduct business or a commercial activity? Or is that, like, I could do it either way, but I prefer to use your limited liability company or whatever company you want, if you guys like to use an S corp. That's up to you, Whatever. a, business, trust, whatever.
33:06
It's just that the association would describe, either just yourself, I mean, you have an association of yourself. I'm not sure that that's who cares. Nobody really needs to investigate that. But typically let's say it's yourself and your children or spouse or something. OK, and that's your association. You're already a member. That association. Right, and as A family say. My wife and I were already in association, right? So we have property rights. We individually and collectively have property rights. And so our Association can be given a name.
33:35
The Smiths Society cares, but I can I can name that as the owner of all the shares or the membership interest in the LLC that deals with the world.
33:45
And so the world doesn't get to investigate the owner of the LLC, it doesn't serve.
33:50
There's no need to do that, right? Doesn't service interest.
33:53
So for business, um, if I'm dealing with, you know, third parties, and I have a lease agreement and commercial lease agreement, I partners and funders and lenders and all this stuff, equity partners and they all they care about is the LLC membership or they're interested in the membership. So my PMA, let's say, owns 51%, and my two partners on Collectively 49%. What do they care? Who owns the 51%?
34:14
They just want they want a piece of the action and they're gonna get it, and then the PMA just simply holds the property rights.
34:23
That's how it is instead of you and your your spouse or you and your business partner named individually as owners of the LLC.
34:31
For example, you can, you can name that collective group of the two people or more as an association.
34:38
Does that make sense? Yeah. And so, and so, that's the vehicle by which there is privacy with regard to who are the human beings that are associated with this LLC that conducts business with the public, and that's like a record of transactions.
34:56
If you're doing business, that would then be like tax. What is and, like, is it that you just pay taxes at that point because it's not traceable to in India?
35:10
Right here.
35:13
It is. So, it's a group, it's a group.
35:16
So the private association is a group mm, and the group is not seen at all by the government.
35:22
It's not ..., right?
35:25
So, whether the group is named a PMA, or whether it's Billy, Bob and Joe, Great! That's still a group. And Billy, Bob and Joe, don't have a collective tax liability, unless there was foolish enough to sign a tax return together, OK.
35:39
They have no joint liability, and so that is what I've been doing since the nineties is taking property rights, That we'd normally subjects you to a liability of some kind, whether it's taxes or someone's doing, or what a regular business A business is, not liable for filing the business itself, the LLC you want that to have all the liability.
35:58
It never would pass on to any individual owner, whether it's going through the PMA, or it's a list of owners, Billy, Bob, and Joe.
36:10
Because it's collective. The LLC is still the still the labor party.
36:14
Now if it's a single member, that single member is liable if it's the PMA, that PMA is liable.
36:20
But that's not going to pass on to the actual PMA members, right? And so what would the transition look like for people? Say you wanted to sort of group all of your activities under, you know, one, PMA, or you know, a multi like an assortment of them, if necessary. I don't know a certain of them to kind of, categorize all your different activities.
36:43
And like, for example, like, know, my husband and I, if we do different kinds of things, have different kinds of businesses, then would we set up two different ... and LLCs or, you know, would it just be one? I don't know. OK, well, I like to look at it. Like, if, if I have a business, and I'm the only owner, and so, I'd just like to use an LLC, and so that's going to do. But, then, I have another business, let's say, a joint venture with somebody. And so, we're going to do a 50 50. I would use a different LLC. It's a different, different cashflow, different asset, different set of liabilities. So I set up a different LLC. For myself, that's what I do. I actually have an LLC that I'm used to manage cash flow for my family. So we use it to pay the bills and buy groceries. And any money that I don't have allocated to another company comes there first. And then I can move money around how I want.
37:32
The PMA, nobody cares about that.
37:34
That's always in the background.
37:36
I don't need to explain that to anybody so I can take the same PMA, the Smith family, and I can make that the owner of every single interest I have in an LLC.
37:45
It can be the same PMA everywhere. That is not creating more risk for you at all.
37:50
OK, and so like when is What does the transition look like from being some? you know you know well meaning? citizen resident of the US? Or? maybe permanent resident because I'm not a citizen and Paying your taxes and then all of a sudden set this up for all of your private affairs Which you just in one year to stop?
38:13
Filing a tax return. Yeah, you can do that I mean it doesn't matter if you're a US. resident or citizen or what your nationality is? None of that matters. What? matters is property rights?
38:24
I mean unless you go to a country like let's say Mexico or Panama and you can't own Real estate as a foreign person. OK, so there's, there's individual rules there, but but it's all about property rights, So yeah you can, so here's how this looks. Let's say you're getting them to 99th from a business operation, and all of a sudden you want to re-organize and run a structure like a pass through, and you wanna have a PMA and all this stuff. All you would do is any 1099 that, you're gonna receive whoever's gonna pay that.
38:51
You would just simply advise that party, that you've done a re-organization in the future. You want your company to receive the money.
39:00
Then, you give that peor, the, the tax number, and the name of the LLC, and to seal it off, to pass off the liability on, the correctness of reporting, they have to, they have to correctly report this, you give them a W nine. The W nine verifies the correctness of the tax number for the LLC.
39:17
Once, you do that, new money gets reported on 1099 to the LLC.
39:24
That allows you to pass through and that allows you to avoid having a 1099.
39:28
So like, for example, if I gotta 1099, I have filed tax returns before, So even if I found one tax return in my entire life, if I get a 1099, after having so many years have not thought of 10, 40, the IRS would want to talk to me buyers to say, Hey, where have you been, Because I got a 1099.
39:47
Now if I if I continue to do what I'm doing, and I do get tendinitis by the way, I get them to my company. I never get one personally, because I don't use my SSN and my name on contracts.
39:57
So all my money is managed through LLCs.
40:02
That's what you would do. And when I started doing that, I didn't know any of this stuff. I just, I stopped falling in 93. That was the last year I file the tax return, and I thought I was gonna get in trouble, I wasn't sure, and I started doing research after the fact. And I discovered that as long as I use money in a way that doesn't create a gain for myself, I'm good. And since then, I've never had a problem.
40:22
So if you did that, like I just talked to someone, yesterday, he's got all kinds of 1099. And all we have to do, they're set up an LLC, just one, doesn't matter who the owner is. Then we can notice all the payers is getting like half dozen, 10, ninety nine's every year.
40:37
We just tell them all, here, send the money to here.
40:41
Here's a new W nine, OK, and then if he individually is no longer getting a 1099, when that happens, when he knows he's not gonna get a 1099, he can start filing returns.
40:54
Now many people don't want to do that, but here's what they do. Most of my clients do like this.
40:58
Once they move the money out of their name, Let's say it's a lot of money that's more than any. Let's say they're making a million dollars a year, but they only need 100,000. Well, that 100,000, most people just continue filing and 10 40 for the 100,000.
41:10
I just took out all the money. They would normally pay tax on a million dollars. Why do you need to pay tax on a million dollars? But you're only gonna use $100,000? Then I can take the 900,000, and I can the untaxed money, the pass through money, and I can re-invest it somewhere else. And I can grow it faster.
41:26
I don't need a pension fund. I don't need a tax deferred exempt fund from the IRS. I could do it myself, right?
41:32
So, that's what you could do, Um, I'm sure other people have questions, but quickly, like, gee, how would you manage cash flow from like, taking a crypto investment? and, you know, cashing out, or just trying to collect some games, and transfer it into fiat, like how would you do that? If you're using an exchange, for example.
41:53
You want to make sure that when you sell it, you dispose of the property, the crypto coins for dollars. If you're gonna go into something else like land, for example, you can probably find a deal where you can use bitcoin to buy the land. That's kinda hard to find. So what I, what I've done is, I sell my coins in the name of my LLC.
42:09
So my LLC is the account holder.
42:11
And so, if a 1099 ever arrives, my LLC is gonna get it. In the way I use my LLC is like you guys use it, I don't have to do anything. And so, now my LLC has new dollars. Maybe I made a profit. I hope I did, and then I could just spend it from the LLC, and whatever thing I acquire to buy with that money.
42:29
I can either title the name of the LLC, or I can put a lien on it the name of the LLC.
42:35
Or if I'm just buying gold, for example, I could just have the gold send to my house, because there's no title on that.
42:41
So I can spend the money frilly however I want.
42:46
OK, there, there are exceptions.
42:48
If I, if I spend the money and I buy a car, and I put the car my name, and I just leave it like that, well, then, Direst may not see that, but it might see it during an audit.
42:58
Then, because the money came from somewhere, it doesn't matter where, and it was used to purchase a car and that's a matter of record, and I have the car and it's in my name and there's no Lean on it, I didn't borrow the money, and I didn't structured as a loan, and it's in my name, then I'm subject to underreporting because I didn't report the value of that car.
43:17
Let's say the car was $40,000, and I didn't report to the IRS and I got $40,000, So to avoid all that drama, what I would do is just when I move the money from the LLC to buy the car, either I'm going to tell the dealer, the LLC is owning the car and he'll write out the paperwork accordingly. As done. I don't have to do anything else or I'm going to tell the dealer that I'm borrowing the money and the LLC is the lender and a dealer will write up the paperwork accordingly.
43:40
and this is how you move money around yourself without having a game.
43:45
Mmm hmm, OK, so, the principle is basically like, you just don't want to look like you're personally personally gaining, which would then infer attacks, you're, you're legally and literally not having a game.
43:58
And part of the reason is because, you, the ownership of the property, is, has been divested into a group that is not itself a taxpayer.
44:08
It's that simple.
44:13
Good question, arbitrates. I know it's a hard thing to learn. It's an uphill. But once you get up there and get a few concepts, it's like. Oh, OK, I can do this now.
44:26
Alright, anyone else?
44:28
OK, Michael?
44:33
OK, couple of things, I apologize if I'm doing anything redundant. My phone checked our signal for about five minutes so I missed a few things you said that.
44:45
With a PM you said you have a family LLC used to pay bills with a family, right?
44:53
Is that, is that also owned by a PMA?
44:55
Know? How to do that one?
44:59
I think I think my wife owns it 100%. Now I have a different situation than most people, so don't do what I'm explaining to you right now to tell you the truth on my LLC.
45:09
My wife owns it, because she is not, Well, she's a US citizen, but she doesn't have a tax number, and she's never file a tax return. And just like my children, they don't have tax numbers, and they'll never file a tax return, so they can do things like that. Whereas if I did it, not initially, but it could run into problems for myself, if I did that.
45:28
So in my case, my wife can do it now, if my wife had file tax returns before.
45:33
Maybe she still wants to file and I would have her own it or, and, or one of my children or some other. Like, I remember the family, the both of them like maybe her brother or I would have a PM, may do that, do that.
45:49
But right now, my situation is my wife pretty much. She signs for everything.
45:54
It makes it easier.
45:57
I just don't want to the way we My man, I manage my family as, it sounds funny, but maybe not my wife handles everything.
46:06
Like all the money. She sees everything first, and if I want money, I have to ask her. So, just to voice any conflicts there, you know, And so, it's not that I couldn't do it, It's just works out better that way, I think.
46:21
Yeah, I hear OK, now if I, if you have a PMA bed owns a vehicle or LLC.
46:29
That owns a vehicle If you're using that vehicle for personal use, that type know something. You should.
46:37
Are you receiving money or value or good day?
46:41
It depends on paid for the car If you pay for the car with some of the money that you're it's already is pass through money.
46:47
It's tax deferred money, OK? mm, hmm. All right.
46:50
If you, if you pay for the car that way, put it in the name of a trust, or something for that purpose, or use the source of the money, or a new LLC as the lien holder. You don't have to title the car in another name for any other reason.
47:06
There's no benefit to holding the car title in another name, unless you're, you're trying to avoid a gain, right? So the LLC buys the car, or the LLC becomes the lender on the card.
47:20
That's really the only reasons to avoid the tax liability, OK?
47:27
If you no, I have an LLC, I'm avoiding gain PMA, OK, If that buys a car.
47:39
I mean, I guess you could buy a car for my business and lease it back to my business.
47:43
You can do that.
47:45
It buys a car.
47:48
Is that something I can use that car?
47:50
Yeah, yeah, that's a good idea. I mean, if you have, If you have a business that relies on a vehicle, like a truck or something sometimes, if it's not a good idea to have the vehicle, and the cash flow together. Because the vehicles, A, huge liability. So if you have several vehicles? I usually have clients change the title of those, so that they're not part of the ownership of the company. And then we do, at least back.
48:12
It's just better for risk management.
48:15
OK, that's why I do it. Yeah.
48:19
OK, if I want to buy a car, that uh, my wife's going to drive around for general purposes. OK, Title, LLC. So when people are putting our own Personal money and Nana Paper Gas and whatnot, yeah. Sure. That's fine.
48:35
That's fine, OK.
48:36
Then you buy the car.
48:38
You drive the LLC car, and you, you pay the gas, and means that a person of funds, and the LLC can just sell the car five years, 10 years down the road when we're tired of it.
48:49
Exactly.
48:50
And so, what would you call the maintenance, the cost of maintenance and fuel, that's just contributions to the LLC.
48:56
Again, that's not taxable OK, so, but that you, using the car is not really taxable for not all, because it's not your car or you borrowed the money to buy the car.
49:09
Either way, OK. So if you borrow your friend's car and use it for a month and put gas in it and give it back down. There you go. That's a great example. Yes, and he does. it doesn't charge.
49:19
He doesn't charge you for the wear and tear on the pair, because as your friend Exactly. That is a good analogy.
49:28
OK, um, is there any PMA to have the members of it pay a fee: 99% a year, or something nominal?
49:41
It depends on what you're doing. I mean, I wouldn't use the term PMA. If I'm running, Let's say a yoga studio, I would just call my gym members, OK?
49:50
By definition, it's already a PMA, and sure they're gonna pay a regular amount.
49:55
That's just a standard business model.
49:58
What are you doing with the PNA?
50:00
What is it?
50:02
I would use an LLC to do the cashflow that doesn't preclude you from having a PMA.
50:08
Aye.
50:11
Say that I set up that is owned by a PMA and unless otherwise signatory.
50:16
But you see we have a document with members of the PMI that paid to be on it.
50:22
No, you don't need to do that, but if you have a business that has a customer list of members and they pay a regular amount, that's all that you need. It's a customer list that doesn't make or break your PMA.
50:34
It's just a pragmatic way of doing business.
50:38
OK, So you Maybe you have an advantage to people being a member, rather than.
50:45
Do you remember then that's where that would come into play. Yeah, then, rather than being a retail customer. Like at a grocery store.
50:52
Uh, yeah, I mean, that your, your, your cash flow can be managed through the LLC, which is the pastor.
51:00
I mean that the handles everything, the only, the only thing you're gonna run into is, well, if you're open to the public, possibly, you gotta collect sales tax. So, if you don't want to deal with deal with the state like that, then you would have a private membership.
51:13
And then that would avoid it.
51:15
Right, that's one example.
51:17
But there's nothing special you have to do with a PMA. Mean if you're running a gym or a yoga studio or something like that, you're going to have a customer list anyways.
51:25
And that list itself describes the type of member that you're allowing in, and, by definition, excludes or describes how others are excluded.
51:35
OK, all right.
51:37
So let's say my lab, my LLC don, on the authorized signatory owned by the PMA.
51:45
And I'm, you know, authorizing meeting like crypto investment in different investments.
51:51
If I wanted to go to a seminar training or an online business training, to manage that better. It's OK for that LLC to pay for that. Correct. Sure.
52:02
It should, It should do that. Just don't try to get tax breaks out of it.
52:07
That's you're just probably going to have a problem. It's either going to be, you're not gonna get tax deduction.
52:16
Yeah, you gotta know, there's no tax deduction, but you're spending it before tax anywhere. Yeah, exactly.
52:22
Exactly.
52:23
Right.
52:25
This is just one more question.
52:29
We found that my wife has an LLC, but before I got involved with all this is just a, see the reports. And for her small consulting business, she retired from the county, but she goes back and does things.
52:40
Well, she realized she didn't pay or in your faith for two years. It's $400 to bring a current, because she just like, disband, and, yeah, you can't resolve it and you can't dissolve it without paying the fee. So what you do is Just start using it, just go set up another one.
52:53
And if you want a different tax treatment set, up another one and start filing returns on it, and just notify whoever's paying the money that you just re-organize, and here's my new company, and here's this new EIN, And here's a W nine.
53:07
Right. And that's like going to do.
53:10
You can just keep the same. OK, because a view of re-opening in a different state like New Mexico because you could do it if you'd like that, maybe. There's a couple of ways.
53:21
So that name is already used up, and because you're never going to pay that fee, the state will never let you do anything with that charter, unless you pay the fee, which doesn't make any sense. So instead, if you really like that name, there's a couple things you can do. You can set up a different company in that same state and do a DBA for it.
53:38
Chances are you should be able to do the DVA with the same identical names before Were, you know, without the LLC designation.
53:44
Or just registered the same identical name and another state where it's available, then just do your banking in that state, but from where you're located.
53:52
Either way.
53:58
You're new and you need a new EIN.
54:01
Yes, for a new LLC, get a new tax number.
54:04
But remember, you can, you can use an LLC that's been expired unless you try to open new accounts, then you're gonna need to renew it, but or get a new one.
54:14
But my, my LLC that I've had the one the core won the race for managing Everything, it's been expired forever.
54:20
I mean, after the first year it expired, that's been 18 years ago.
54:27
I've run millions of dollars.
54:30
OK, and so as long as she's got a bank account, and then people know, that, she's doing business, but they don't care.
54:36
They don't go on the website and look, it's already open. When the charter was in Good standing then. That's no problem.
54:43
But if it's expired and then you go to open an account, the bank will tell you that the target needs to be renewed, OK, and same for any other third party contracts. For the most part, that party is going to ask you to make sure that the company's in good standing.
55:00
And I'll tell you, just remember. So last year we started getting letters from Wells Fargo, which is where we have our banking, one of our, some of our bank accounts.
55:08
And the, whoever it was at the bank was asking for more information on my company. And so I thought, oh, great, you know, they're doing all this ML stuff, and they're catching up from old companies, right?
55:20
So I just had, my wife register, that exact company, which was started out in Delaware, for 18 years, it was expired. For 17 years, it has expired.
55:29
In the last year, we just registered it in Florida.
55:33
Same name.
55:34
That way, I don't have any drama with the bank. It didn't.
55:37
It didn't change anything I had the same EIN for, it's the same company name, so that's what I did, OK? Registered in Florida said, OK. Here's my registration, and didn't show the, and kept the same, Yeah, exactly. So if they ever want to, you know, ask me for things, I mean, what probably happened is, someone probably looked it up at the Secretary of State, and found that it was registered, and then left us alone, we haven't received a letter in months, so that probably ended the conversation.
56:02
Right there, OK.
56:06
So, but, as long as the people, she does, business, with, don't care, and you have them. Yeah, exactly.
56:12
Right, most of most of the time, no one's going to care elicits an institution. They're gonna give you because they deal with insurance and that's what it's all about.
56:19
They want you to be around.
56:21
But when you re-opened in Florida, you did not need to, you didn't need to get a new EIN. And you just know, because it's the same exact company. If it's the same exact name, I can use the same EIN. All I did, was, it wasn't even a domestication. All? I did Was registered the same exact company in Florida.
56:41
It's, it's not really a domestication, It's just registering a company with the identical name.
56:48
OK, so he does operate on the identical named identical.
56:51
Yeah, and I didn't have to change it in my merchant processing or whatever.
56:57
OK, I read an article by a guy named Martin Armstrong today, and he said, looks like in the wealth tax that Elizabeth Warren was trying to get through, is a similar type of tax going through in the heavy, liberal state of Pennsylvania in Pennsylvania.
57:13
California.
57:14
there's kinda states and the other ones like New Jersey are eyeing it up, if that were, if I resided in one of those states, would there be any with the same interface. We're using Protect you from that.
57:27
Yeah, they would.
57:28
They would.
57:29
Um, Residency creates liability, but also does receiving money, so it's the receipt of money, and then it's the accounting. So if you report a certain way, that's what creates a liability. I don't care what their laws are. It doesn't. It's not gonna affect you. It's not gonna affect what you're doing. It's not going to create new tax liabilities. They can, they can write whatever new laws they want.
57:51
What people don't realize is that there they themselves are creating the liability So I mean if you want to give me something specific, I can I can explain that better.
57:59
But in all the years I've been doing this almost 30 years now.
58:04
Nothing that I've done for clients has been adversely affected by any new laws in 30 years.
58:10
OK, the only thing that's changed is the more of the scrutiny the KYC OK. That's the only thing I've had to just deal with but other than that it didn't create new tax liability for any of my clients.
58:25
Alright, thanks like I'm gonna go to Emily. Thanks for your patience, Emily.
58:29
What did you got? This, this, again, maybe a little bit redundant, but I want to be absolutely certain when we're talking about a PMA, that is a marketplace. And where everybody belongs to it, that does it. And I understand that we can use our secondary form of currency or however the BARDA we use designated. Can we use regular Fiat dollar dollar?
58:54
And it still is private, yes. We don't have to report sales tax or because we're in a designated PMA. Correct, if it's private. Yes, If it truly is, yes, you're correct, you can still use dollars, US dollars. Yes.
59:09
Thank you. Vanessa: Taxable Currency, your situation. Yeah. Thank you.
59:17
Elaine, what do you think? Oh, OK. Thank you.
59:22
I two quick questions. one.
59:25
Do you is it possible that LLCs will be vulnerable in Balen Sure, anyone who's using a bank account it doesn't matter It's just Anything with an account number at a bank that has the same risk as anyone else?
59:41
OK, OK, so in that case, let's create the scenario the kryptos go up and instead of selling my crypto for Fiat I asked them to turn it into Bitcoin so I can go Ascend it too a vendor who accepts Bitcoin for Precious metals, OK, and then so what?
1:00:05
That's a safe route to move money around.
1:00:06
I've done that, OK.
1:00:09
So do you, when they send that precious metals to you, do you like have them send it to a trust or an LLC, and you can have it sent to your home in your legal name if you want. There's no problem to do that, and, but just for fun, I have the Metal Center, fictitious name is Charlie Brown or something like that, just for fun. Alright.
1:00:35
When you go to set up an account with a metal's dealer who accepts crypto, you don't have to identify yourself hmm, hmm, it depends on who I'm dealing with, like.
1:00:49
I mean, I use my real name, but I don't see why they don't verify like a bank does.
1:00:53
Like, Amex and I bought from all these guys, profit medals.
1:00:57
I hadn't had an account problem that was, I don't deal with them anymore, but, uh, I could use a fictitious name won't be a problem at all, they don't care. In fact, when I place the order, I've placed hundreds of orders with them, and I would make up a different name every time for each order, and I would have extended the same with the same merchant with the same trick.
1:01:17
For my count, I would use it fictitious name as the recipient of the metals and I would have it sent to my same address.
1:01:25
Oh, OK, so You could make up the talk or something. Yeah, exactly, they don't care.
1:01:31
I mean, I don't want to make it so obvious like that, because I can tell you that because I one point I was ordering very frequently and the Postman was just nosey one day and I happened to be out there. I knew my order is coming in, and I was just kind of waiting.
1:01:46
And then, he says, Hey, I see you're, you're getting a lot of these, this box is I'm, like, Ah.
1:01:52
And so, I already knew, if that were to happen, I already had, in my mind, that my backstory was just to just to give him something.
1:01:58
Because if I don't say anything, he's gonna like, I don't know what he'll do, report me, or something. So I said, Yeah, my dad and I are rebuilding an old car. So these are machine parts. Yeah, You know, it's funny, because I got, of, a head, bought some silver from S debugging, and they send you the silver from, SD bearing company, like, Ball bearing. Yes. Some do that, and they should. a mission. In fact, the return address, on the order of the orders I was getting, was, it said machine parts on there. So, that's what gave me the idea to say, tell them if anybody asks nothing. Exactly. It was very heavy, like, you know, 5, 10, £15 sometimes are about a lot of silver, yeah.
1:02:40
Yeah, Those, the eye does, most of boxes are really heavy. Like over £30. I know. So, OK.
1:02:51
This is great. Thank you so much, I hope that helps. I mean, just use your creativity imagination just realized we have all the power. I mean, people created modern society when we did it, because we have property rights. And right now, they're being attacked, they're being hijacked, and we can stop. It. Just stopped funding it. And this is going to lead into I've said this before, I've been explained this is since 2020.
1:03:13
What I'm explaining right now, I think, it's going to help you understand later, how we can take back the power in our local communities by just simply not paying the government to keep on doing what it's doing. Because, remember, we are the government.
1:03:27
So, what we can do is withhold our property tax payments And I can, I can hear you all thinking, oh, my God, this guy's out of his mind. You know, we're gonna lose our house, and it is true that if you don't pay the property tax, the government can sell your house at auction. But what we can do is recover the home without ever having to move.
1:03:47
If we use our h.o.a.s properly, we have the power, and then we can also re-allocate that money ourselves in our own communities. I'm Sarah ... How much a Homeowner's Association! Oh!
1:04:00
Yes, that's the people that tell you to keep your graph looking nice, you know, Best, guys, everything, think exactly. Yeah, To improve your house paint. So but yeah, in some communities, it's hard to work with the board. And so we have to kinda take back control of the h.o.a.s, which we can do. And then once we do that, we can start using them in a positive way.
1:04:21
Because we are the boss, we are the parents of this, what we're witnessing, where the parents I hate to say.
1:04:28
I don't want to be parents of that of the likes of that, but we are so.
1:04:34
Oh. So if you have them ship this precious metal to you in a fictitious name, can you then buy a house with it?
1:04:44
Know, I could do that, too. I'm not sure I want to do that, but yeah. I mean, you could use a fictitious name for many things.
1:04:51
Sure, OK. Is that the same as a straw man?
1:04:54
It could be a straw man, Fictitious name is a little bit different than a straw man.
1:04:59
A straw man would do a lot more than just be a name.
1:05:03
A straw man, ameen, you can make it, OK?
1:05:08
So Over the years, I've had a few clients where I had to create a straw man, and it's a lot like the witness protection program that you would see on TV, like Go, Jason Bourne, and that sort of thing. So I was able to create a straw man now that my limitation to what I'm willing to do is create a straw man enough for banking purposes. I'm not going to create a straw man. So you can fool the United States Government with a fake passport because that ain't going to happen, or, if it does, I gotta commit all kinds of crimes. Ain't going to do that? Same with the driver's license.
1:05:37
So to that extent, I mean, I can create a person on paper that has never been born, that can have banking and deal with the world, and no problem.
1:05:48
But when it comes to driver's license and passport, I'm not gonna have a straw man deal with that. That is a government function. I'm not going to get involved.
1:05:55
So a straw man has a lot more use than just a fictitious name, I don't know if that really matters to you.
1:06:03
Well, sort of, I'm still learning about all this stuff. So I only did that.
1:06:07
For some people that had physical safety risk, like they were being stuck.
1:06:14
So it is. it will, you would use a secondary credit number, S, C Yeah.
1:06:21
Yeah, I would set up a so it's a whole suite of things.
1:06:24
I would do a, an address, a phone number, a credit file.
1:06:29
You get a bank account, debit cards, even credit cards, and the person doesn't even exist mm. And then it'd be like using your dead neighbors, you know, credit cards, or something like that.
1:06:44
Now, I don't like to market that, because I don't want that information to be out. I'm sure you could figure it out, but I don't want the wrong people to use it. And then I'm somehow connected to their illegal use, because you could use those methods to actually commit fraud very easily.
1:07:01
And so the clients I work with, it's solving their problems. I'm not going to like, say, Hey, guys, 1999. I will show you how to be Jason Bourne.
1:07:14
All right. So it looks like it's almost Friday.
1:07:17
It is time to go and Thank you so much for the questions. I hope this beneficial. I know. it's a little bit pedantic. No. That's just the way You're gonna You're gonna put that that document in.
1:07:31
And Acer coins. I'll do the same thing, I did this earlier this week for the other call.
1:07:35
Yep, OK, Thank you so much, Right?
1:07:38
Yeah, Have a nice weekend. You, too.
1:07:41
Yep.