The person, a gift to reduce the public debt

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The person, a gift to reduce the public debt

Logy ologist
If it is of interest. The Name estate is in a usufructory relationship with the US where the benefits and profits are passed onto the US and we enjoy the naked use. The goal is to work with the Treasury rather than the FED because the US remains insolvent and a debtor when in that relationship.

Here are some thinking/talking points.
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per 31 usc 3113 https://www.law.cornell.edu/uscode/text/31/3113

(a) To provide the people of the United States with an opportunity to make gifts to the United States Government to be used to reduce the public debt
B) an obligation of the Government included in the public debt made only on the condition that the obligation be canceled and retired and not reissued; and
(C) other intangible personal property made only on the condition that the property is sold and the proceeds from the sale used to reduce the public debt; and
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Intangible personal property? Like...a person? or any-interest?
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(1) The Secretary shall redeem a direct obligation of the Government bearing interest or sold on a discount basis on receiving it when the obligation—
(A) is given to the Government;
(B) becomes the property of the Government under the conditions of a trust; or
(C) is payable on the death of the owner to the Government (or to an officer of the Government in the officer’s official capacity).
(2) If the gift or transfer to the Government is subject to a gift or inheritance tax, the Secretary shall pay the tax out of the proceeds of redemption.
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a direct obligation... I wonder if notes of debt are included in that.. or contracts that claim debt-notes are due. Cause who's debt is the FRN? Then the if the gift is subject to tax, the government pays it? sounds like it is inline with the duties of usufruct.

Then from the Treasury website
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https://www.treasurydirect.gov/govt/reports/pd/gift/gift.htm
The Bureau of the Fiscal Service may accept gifts donated to the United States Government to reduce debt held by the public. Acting for the Secretary of the Treasury, Fiscal Service may accept a gift of:

Money, made only on the condition that it be used to reduce debt held by the public.
An outstanding government obligation, made only on the condition that the obligation be retired and the redemption proceeds used to reduce debt held by the public.
Other intangible personal property made only on the condition that the property is sold and the proceeds from the sale used to reduce the public debt.
Gifts to reduce debt held by the public may be inter vivos gifts or testamentary bequests.
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the gift may be "inter vivos" (live) and a bequest.
seems to line up with the living trust idea after the living human has made it known that they are not dead.