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Originally Posted by David Merrill
I believe that. Prior to 1933 the people were not Government bonds.
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Nor were the people automatically "federal employees" (or "federal agencies") before the Social Security Act and the introduction of the SSN..
My understanding - as I'm starting to piece all this financial subterfuge together - is that having an SSN essentially makes your ALL CAPS NAME + SSN an agency of the United States government.. specifically, it makes your ALL CAPS NAME + SSN a revocable trust (w/ you as the fiduciary and the federal government as the beneficiary), under the direct control of Congress through Congressional acts..
The result of this, it would seem, is that the Corp US holds equitable title to all property acquired w/ a Social Security number..
Now the key (I think) is to understand that your employer also is an agency (trust) of the Corp US, and so when your employer "pays" you in Fed notes (which is how most people come into possession of the notes), there really is no need for "money".. all that is needed is a simple "bookkeeping" slight of hand, whereby a "debit" is made on the employer and a "credit" is made on the employee side.
This is the identical slight of hand that the Fed banks were using the Fed notes for prior to 1933 (and still do).. simply to "balance" their own internal accounts..
The reason Fed notes went into "public" circulation c. 1935 is b/c thats when most of the "public" came under the SS act, and therefore became an "agency" of the Corp US and therefore became entitled to use these Fed notes to "balance" their books as well (just as the Fed banks had been doing prior to 1933).