The Federal Reserve Bank of Fite & Co. Holdings; aptly titled (“Fite Federal”) is a bank within a bank—an international fourth district clearinghouse, unregulated by the Legislative, Judicial, and Executive Orders of the United States Federal Government.

To monitor its own spending patterns that pays for its own operations and to discharge public debt in the acquisition of goods and services.

Primarily, the bank accepts the highest bid for value as well as debt in general to eliminate acts of unfair competition that people are calling an unregulated monopoly.

Define unfair competition:  The ability to control or manipulate bids for property by extending credit beyond fair market value to prevent bidding by the competitor.

Unlimited revolving credit with no beginning or ending balance, while operating in perpetual bankruptcy ($0) to discharge public and private debt.

Unlimited revolving credit:  It is only by federal reserve and central bank licensing rights that grants this type of debt leveraging ability.

The bank is unaffected by inflation and deflation overhauls, is recession proof and cannot be audited.

The ability to impose a system of reverse financing to expand and contract credit on demand as Special Drawing Rights (SDR’s) and to institute Fractional Reserve Banking.

Trading ratios are a minimum 10:1 to as high as a 50-100:1 internal trading ratio.

To administer loans, mortgages and secured lines of credit and to be reimbursed by the same within each fiscal quarterly billing cycle of 30-60 or 60-90 days (same as cash).

Liability insurance that prepays that asset and fully protects the asset from LOSS for pure profit gains that may be subject to leaseback incentives.

Virtual Leasehold Interests:  To acquire properties on leaseback to the Fite Federal Bank as fluctuating interest set at zero (0%) percent.  The bank sets the terms for loan repayment, then collects these payments in 30-day intervals until the obligation is satisfied.  The bank draws no interest on the public’s money in the process.

The bank does no business with the public, other than to discharge debt in general. Individuals and Businesses must privatize, devalue its debt portfolios and submit to the corporate umbrella of Fite Federal in order to take advantage of its debt reduction program—No Brochures

Debt Reduction Program:  The purpose of the program is to screen new applicants for Membership who will receive zero (0%) percent loans to spend the money of the bank in the repayment of fluctuating interest.  Card use eliminates the distribution of Federal Reserve Notes when collected as instruments of credit for warehousing purposes only; i.e. Tax Exempt.

Credentials must consist of the gold seal process (Birth Certificate), Standard Form 61 Oath, Private checks (Social Security Card), and aptitude testing to keep accurate records on current Member (Serial Number) accounts to cover all twelve District Federal Reserve Banks for lawful money distribution.

At the moment of just one dollar being exchanged with the public in commerce as a perceived business owner has contaminated the brand for the life of that business—Chris Fite

Yes. But with exception. The Fite Federal Bank may introduce the innovative Troubled Asset Relief Program to businesses trading products, goods and services with the public. Using a technique called the Special Inventory Rule, the bank may assume the entire inventory of a business by presenting the business with a check. This may also include a salary of how much the business was paying the owner. The condition is that the business must offer these same products, goods, and services to the public at no charge for continued involvement in the program. Each business must be accountable for receipts in the estimated amount of a commercial (exempt) sale that serves as tax-free revenue for the Fite Federal Bank.

Golden Rule:  It is Better to Give…[And] to Receive than to charge a Man for a product or service that another Man’s hand produced—Chris Fite

The concept is to show that the real bankers are the unincorporated everyday people that Pledge their credit to secure the products of commercially regulated National Banks in exchange for a continued burden of monthly debt obligations to repay those banks at exuberant interest. Since the principal loan or mortgage was prepaid by signature of the guarantor (people), the compounded interest becomes illegal, while the upfront secured obligation is bundled and sold on Wall Street to the highest bidder, with no profit-sharing incentives with the guarantor (people) because the creditor status has been forfeited to the bank. This is all done by a simple electronic book entry called a Bait-n-Switch technique to monetize credit as debt for the banks to repay their interest obligations to the Federal Reserve in exchange for more loans.