Your Birth Certificate Is A Deed Not A Bond | |
Anonymous Coward User ID: 15084487 United Kingdom 09/13/2017 10:54 AM Report Abusive Post Report Copyright Violation | You are basically correct, but in reality it is a legally-binding contract between your parents and the State. Here's how it works: Quoting: One Who Knows 8080014 When your parents married, they were told they HAD to apply for a "license" to do so. Even though this was/is complete bullshit they complied. When they did so, they entered into a legal contract with the state which assigned any offspring [children, as in YOU] from their union as "Chattel", an assignment which legally granted the State co-ownership of those children. That's why Birth Certificates are also required by law: they are actually a rider to the original marriage contract that your parents entered into. It is this Birth Certificate that allows the State to step in and forcibly remove children from your household whenever they deem it fit for the child and/or society. That same original marriage contract is also why couples must appeal to a court to dissolve that contract through the process known as divorce. That's why in legal terminology it's not called a divorce, but rather a "dissolution." SO: you live your life under the control of the contract your parents unwittingly entered into. Think they would have done so if they had known? And: this contract cannot be canceled until your death, when a Death Certificate is issued that formally cancels out the entire contract of your life. BTW: All of this is also why it is illegal for you to commit suicide! If you do so you are breaking a contract with the State and that's why if you die intestate, your estate automatically reverts back to the State. Pretty UGLY, isn't it? But, it's ABSOLUTELY TRUE! I was reading about this very thing the other day! This guy echoes what you're talking about. [link to knowledgeispower-uk.weebly.com] |
Anonymous Coward User ID: 15084487 United Kingdom 09/13/2017 10:56 AM Report Abusive Post Report Copyright Violation | [link to knowledgeispower-uk.weebly.com] 'It all started when your parents had a happy event and you entered the world. You dont know exactly when that was, because you were not aware of the days of the week, the months of the year, or even what year it was! Even after some months had gone by, you still were not aware of these things, but by that time, your 'Legal Fiction' or 'Strawman' had already been created and it was being used to make some very sinister, deceiving, unscrupulous people RICH. None of this was your fault, or even your parents fault. It happened because your parents were fooled into thinking that they needed to 'register' your birth and get a 'birth certificate' for you. So they APPLIED (look up what APPLIED means in Legalese) for a 'birth certificate' not fully understanding what would happen when they did. Well then, what did happen!?...according to the Local Authorities; 1.) Your 'Legal Fiction' / 'Strawman' was created. 2.) They lost owner ship of their baby (you) As previously stated, this is not something which they can be blamed for, as nobody told them it would, or even could, happen. Nor did anybody tell them what a 'Legal Fiction' or 'Strawman' is or how it can be used AGAINST their baby. In ACTUAL FACT, the 'registration' is a contract in reality, it is Null & Void because there was not full disclosure by the Local Authority, nor was there 'intent to contract' on the part of the parents. BIG NEWS!?...WELL YES!... The registering of a baby's birth actually passes 'ownership' of the baby to the Local Authority and that, THAT ALONE, allows the 'Local Authority' staff/officers and the Courts to take the child away from the parents if they ever wanted to do that. This applies until the child reaches the 'age of maturity' set by the current legal 'Statutes'. Doing that is not 'LAWFUL' but after the birth has been registered, it is 'LEGAL' and there is a WORLD of difference between those two terms, a difference which it is VERY IMPORTANT that you come to understand clearly. |
Anonymous Coward User ID: 74303389 United States 09/13/2017 11:02 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 74303389 United States 09/13/2017 11:30 AM Report Abusive Post Report Copyright Violation | [link to knowledgeispower-uk.weebly.com] Quoting: Anonymous Coward 15084487 'It all started when your parents had a happy event and you entered the world. You dont know exactly when that was, because you were not aware of the days of the week, the months of the year, or even what year it was! Even after some months had gone by, you still were not aware of these things, but by that time, your 'Legal Fiction' or 'Strawman' had already been created and it was being used to make some very sinister, deceiving, unscrupulous people RICH. None of this was your fault, or even your parents fault. It happened because your parents were fooled into thinking that they needed to 'register' your birth and get a 'birth certificate' for you. So they APPLIED (look up what APPLIED means in Legalese) for a 'birth certificate' not fully understanding what would happen when they did. Well then, what did happen!?...according to the Local Authorities; 1.) Your 'Legal Fiction' / 'Strawman' was created. 2.) They lost owner ship of their baby (you) As previously stated, this is not something which they can be blamed for, as nobody told them it would, or even could, happen. Nor did anybody tell them what a 'Legal Fiction' or 'Strawman' is or how it can be used AGAINST their baby. In ACTUAL FACT, the 'registration' is a contract in reality, it is Null & Void because there was not full disclosure by the Local Authority, nor was there 'intent to contract' on the part of the parents. BIG NEWS!?...WELL YES!... The registering of a baby's birth actually passes 'ownership' of the baby to the Local Authority and that, THAT ALONE, allows the 'Local Authority' staff/officers and the Courts to take the child away from the parents if they ever wanted to do that. This applies until the child reaches the 'age of maturity' set by the current legal 'Statutes'. Doing that is not 'LAWFUL' but after the birth has been registered, it is 'LEGAL' and there is a WORLD of difference between those two terms, a difference which it is VERY IMPORTANT that you come to understand clearly. Then the problem arises, when you combine this agenda, with the fact the USA is collapsing because the dollar is collapsing, and those with lawful and/or legal authority engage in public corruption, to try to save themselves and their wealth, at the expense of the children. Again, if there is no law, then there are no contracts. So you can keep repeating the same things over and over again and they still have no basis to work off of. No foundation. |
Anonymous Coward User ID: 74303389 United States 09/13/2017 11:32 AM Report Abusive Post Report Copyright Violation | |
One Who Knows User ID: 8080014 United States 09/13/2017 11:43 AM Report Abusive Post Report Copyright Violation | [link to knowledgeispower-uk.weebly.com] Quoting: Anonymous Coward 15084487 'It all started when your parents had a happy event and you entered the world. You dont know exactly when that was, because you were not aware of the days of the week, the months of the year, or even what year it was! Even after some months had gone by, you still were not aware of these things, but by that time, your 'Legal Fiction' or 'Strawman' had already been created and it was being used to make some very sinister, deceiving, unscrupulous people RICH. None of this was your fault, or even your parents fault. It happened because your parents were fooled into thinking that they needed to 'register' your birth and get a 'birth certificate' for you. So they APPLIED (look up what APPLIED means in Legalese) for a 'birth certificate' not fully understanding what would happen when they did. Well then, what did happen!?...according to the Local Authorities; 1.) Your 'Legal Fiction' / 'Strawman' was created. 2.) They lost owner ship of their baby (you) As previously stated, this is not something which they can be blamed for, as nobody told them it would, or even could, happen. Nor did anybody tell them what a 'Legal Fiction' or 'Strawman' is or how it can be used AGAINST their baby. In ACTUAL FACT, the 'registration' is a contract in reality, it is Null & Void because there was not full disclosure by the Local Authority, nor was there 'intent to contract' on the part of the parents. BIG NEWS!?...WELL YES!... The registering of a baby's birth actually passes 'ownership' of the baby to the Local Authority and that, THAT ALONE, allows the 'Local Authority' staff/officers and the Courts to take the child away from the parents if they ever wanted to do that. This applies until the child reaches the 'age of maturity' set by the current legal 'Statutes'. Doing that is not 'LAWFUL' but after the birth has been registered, it is 'LEGAL' and there is a WORLD of difference between those two terms, a difference which it is VERY IMPORTANT that you come to understand clearly. Then the problem arises, when you combine this agenda, with the fact the USA is collapsing because the dollar is collapsing, and those with lawful and/or legal authority engage in public corruption, to try to save themselves and their wealth, at the expense of the children. Again, if there is no law, then there are no contracts. So you can keep repeating the same things over and over again and they still have no basis to work off of. No foundation. As long as there are those who enforce them, there ARE laws... whether you acknowledge them, or not! Just remember that laws cannot equal pure justice because the judicial system itself was created to be self-sustaining and if one law doesn't work, then another will be passed that will. Incidentally: private contracts between two individuals do NOT need any laws for validity. The laws only come into play when party attempts to screw over the other.... so contracts DO exist outside the law. |
Anonymous Coward User ID: 17178269 United States 09/13/2017 12:17 PM Report Abusive Post Report Copyright Violation | Contracts and signature.... I became a better driver when I had to sign my name to receive my drivers license. When I married my wife I became a better husband when I signed the marriage license. However she divorced me so maybe she didn't sign the contract and had someone else sign the license. Lying bitch! I don't understand the dog license because my dog "Heather" never was taught to sign her name. And she never helps pay the renewal fee. I'm a newbie do I have to get a gun license before I obtain a gun? |
Anonymous Coward User ID: 17178269 United States 09/13/2017 12:33 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 75524551 United States 09/13/2017 12:38 PM Report Abusive Post Report Copyright Violation | |
Kilroywashere User ID: 75519384 United States 09/13/2017 12:39 PM Report Abusive Post Report Copyright Violation | You are a "Corporation". Your name on your birth certificate is in capital letters...just like a company/corporation. Look up what a "Straw Man" is. Very few know about it...far less use it. Last Edited by Kilroywashere on 09/13/2017 12:41 PM All for one, and one for all. E2=AN "Never, ever die kneeling". Kilroy Are you a Good Soul or a Bad Soul? Remember..we are all born into this world an animal...and then taught to be human. The kind of human is the important part. race color creed should have nothing to do with it. Kilroy |
Anonymous Coward User ID: 17178269 United States 09/13/2017 12:59 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 74303389 United States 09/13/2017 01:07 PM Report Abusive Post Report Copyright Violation | [link to knowledgeispower-uk.weebly.com] Quoting: Anonymous Coward 15084487 'It all started when your parents had a happy event and you entered the world. You dont know exactly when that was, because you were not aware of the days of the week, the months of the year, or even what year it was! Even after some months had gone by, you still were not aware of these things, but by that time, your 'Legal Fiction' or 'Strawman' had already been created and it was being used to make some very sinister, deceiving, unscrupulous people RICH. None of this was your fault, or even your parents fault. It happened because your parents were fooled into thinking that they needed to 'register' your birth and get a 'birth certificate' for you. So they APPLIED (look up what APPLIED means in Legalese) for a 'birth certificate' not fully understanding what would happen when they did. Well then, what did happen!?...according to the Local Authorities; 1.) Your 'Legal Fiction' / 'Strawman' was created. 2.) They lost owner ship of their baby (you) As previously stated, this is not something which they can be blamed for, as nobody told them it would, or even could, happen. Nor did anybody tell them what a 'Legal Fiction' or 'Strawman' is or how it can be used AGAINST their baby. In ACTUAL FACT, the 'registration' is a contract in reality, it is Null & Void because there was not full disclosure by the Local Authority, nor was there 'intent to contract' on the part of the parents. BIG NEWS!?...WELL YES!... The registering of a baby's birth actually passes 'ownership' of the baby to the Local Authority and that, THAT ALONE, allows the 'Local Authority' staff/officers and the Courts to take the child away from the parents if they ever wanted to do that. This applies until the child reaches the 'age of maturity' set by the current legal 'Statutes'. Doing that is not 'LAWFUL' but after the birth has been registered, it is 'LEGAL' and there is a WORLD of difference between those two terms, a difference which it is VERY IMPORTANT that you come to understand clearly. Then the problem arises, when you combine this agenda, with the fact the USA is collapsing because the dollar is collapsing, and those with lawful and/or legal authority engage in public corruption, to try to save themselves and their wealth, at the expense of the children. Again, if there is no law, then there are no contracts. So you can keep repeating the same things over and over again and they still have no basis to work off of. No foundation. As long as there are those who enforce them, there ARE laws... whether you acknowledge them, or not! Just remember that laws cannot equal pure justice because the judicial system itself was created to be self-sustaining and if one law doesn't work, then another will be passed that will. Incidentally: private contracts between two individuals do NOT need any laws for validity. The laws only come into play when party attempts to screw over the other.... so contracts DO exist outside the law. Thanks, but since there is unbridled crime where I live, I will still dispute your claim. When those that enforce the law, are corrupt, and enforce the law, only according to their best interest, there is no law, which just so happens to cause immense suffering for average people just trying to survive. So I still dispute your claim. However, I thank you for your work. This is helpful for an issue that has haunted me for a long time, so... Again, thanks. |
Anonymous Coward User ID: 46744123 United States 09/13/2017 01:09 PM Report Abusive Post Report Copyright Violation | You are basically correct, but in reality it is a legally-binding contract between your parents and the State. Here's how it works: Quoting: One Who Knows 8080014 When your parents married, they were told they HAD to apply for a "license" to do so. Even though this was/is complete bullshit they complied. When they did so, they entered into a legal contract with the state which assigned any offspring [children, as in YOU] from their union as "Chattel", an assignment which legally granted the State co-ownership of those children. That's why Birth Certificates are also required by law: they are actually a rider to the original marriage contract that your parents entered into. It is this Birth Certificate that allows the State to step in and forcibly remove children from your household whenever they deem it fit for the child and/or society. That same original marriage contract is also why couples must appeal to a court to dissolve that contract through the process known as divorce. That's why in legal terminology it's not called a divorce, but rather a "dissolution." SO: you live your life under the control of the contract your parents unwittingly entered into. Think they would have done so if they had known? And: this contract cannot be canceled until your death, when a Death Certificate is issued that formally cancels out the entire contract of your life. BTW: All of this is also why it is illegal for you to commit suicide! If you do so you are breaking a contract with the State and that's why if you die intestate, your estate automatically reverts back to the State. Pretty UGLY, isn't it? But, it's ABSOLUTELY TRUE! it's fraudulent. it's illegal under "their" system and unlawful under common law they never gave full disclosure as to what people were signing up for, which means IT IS NON-CONSENSUAL. just because people go along with something ('implied consent') doesn't mean they are consenting people go along with things (under duress) because of the threat of force and violence their system is irrelevant as it is a scam |
Anonymous Coward User ID: 46744123 United States 09/13/2017 01:10 PM Report Abusive Post Report Copyright Violation | A Birth Cert is actually printed on Bond Paper then Quoting: Anonymous Coward 75524551 Registered for TRADE. Thus it is a Bond. The whole process is fraudulent and evil. Are you serious? actually when your parents apply for birth certificate A BOND IS ISSUED IN YOUR NAME IN CAPITAL LETTERS BONDS ARE TREASURIES. YOU GET MONEY FROM THEM. |
Anonymous Coward User ID: 17178269 United States 09/13/2017 01:18 PM Report Abusive Post Report Copyright Violation | A Birth Cert is actually printed on Bond Paper then Quoting: Anonymous Coward 75524551 Registered for TRADE. Thus it is a Bond. The whole process is fraudulent and evil. Are you serious? actually when your parents apply for birth certificate A BOND IS ISSUED IN YOUR NAME IN CAPITAL LETTERS BONDS ARE TREASURIES. YOU GET MONEY FROM THEM. Does the Government have a link so I can read more about this? |
Anonymous Coward User ID: 74303389 United States 09/13/2017 01:33 PM Report Abusive Post Report Copyright Violation | I still hope we can address the collapse of the USA, in a manner that addresses the basic needs of everyone, and if that means changing laws, so that people have their basic needs met, so be it. I mean, I hope that happens, because it has not been happening. |
Anonymous Coward User ID: 73973048 United States 09/13/2017 01:42 PM Report Abusive Post Report Copyright Violation | A Birth Cert is actually printed on Bond Paper then Quoting: Anonymous Coward 75524551 Registered for TRADE. Thus it is a Bond. The whole process is fraudulent and evil. Are you serious? actually when your parents apply for birth certificate A BOND IS ISSUED IN YOUR NAME IN CAPITAL LETTERS BONDS ARE TREASURIES. YOU GET MONEY FROM THEM. Does the Government have a link so I can read more about this? I don't have a link This is stuff i read in the 1990s When you apply.for a loan the money is taken out of your debit trust account(YOUR NAME IN CAPITAL LETTERS). THE MONEY NEVER EXISTED IN THE BANK..LITERALLY CREATED OUT OF THIN AIR THE TRUSTEE OF YOUR DEBIT TRUST ACCOUNT ARE THOSE BEHIND THE FEDERAL RESERVE You are the beneficiary |
Anonymous Coward User ID: 73973048 United States 09/13/2017 01:43 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 73973048 United States 09/13/2017 01:45 PM Report Abusive Post Report Copyright Violation | I get it, now. Thanks. Regarding my personal problem, anyway - that clarification was very helpful. Quoting: Anonymous Coward 74303389 I still hope we can address the collapse of the USA, in a manner that addresses the basic needs of everyone, and if that means changing laws, so that people have their basic needs met, so be it. I mean, I hope that happens, because it has not been happening. The USA Corporation is not the united states republic |
Anonymous Coward User ID: 75524551 United States 09/13/2017 01:50 PM Report Abusive Post Report Copyright Violation | A Birth Cert is actually printed on Bond Paper then Quoting: Anonymous Coward 75524551 Registered for TRADE. Thus it is a Bond. The whole process is fraudulent and evil. Are you serious? "Bond" Paper" is not regular paper. Its made of special elements for "bonds" only. |
Anonymous Coward User ID: 75524551 United States 09/13/2017 01:54 PM Report Abusive Post Report Copyright Violation | |
One Who Knows User ID: 8080014 United States 09/13/2017 02:55 PM Report Abusive Post Report Copyright Violation | A Birth Cert is actually printed on Bond Paper then Quoting: Anonymous Coward 75524551 Registered for TRADE. Thus it is a Bond. The whole process is fraudulent and evil. Are you serious? "Bond" Paper" is not regular paper. Its made of special elements for "bonds" only. You're crazy, sport! I was in commercial printing [including legal documents] for over 15 years and what you're stating is ludicrous. |
Anonymous Coward User ID: 72447450 United States 09/13/2017 02:59 PM Report Abusive Post Report Copyright Violation | A Birth Cert is actually printed on Bond Paper then Quoting: Anonymous Coward 75524551 Registered for TRADE. Thus it is a Bond. The whole process is fraudulent and evil. Are you serious? "Bond" Paper" is not regular paper. Its made of special elements for "bonds" only. You're crazy, sport! I was in commercial printing [including legal documents] for over 15 years and what you're stating is ludicrous. Inconvenient things like facts and reality mean nothing to these dipshits. |
Anonymous Coward User ID: 75524551 United States 09/13/2017 03:16 PM Report Abusive Post Report Copyright Violation | "Bond" Paper" is not regular paper. Its made of special elements for "bonds" only. You're crazy, sport! I was in commercial printing [including legal documents] for over 15 years and what you're stating is ludicrous. Inconvenient things like facts and reality mean nothing to these dipshits. For and idiot in the business for 15 years, you sure dont know your facts. Along with the other idoits that support idiots. Bond Paper is special to make it last for decades unlike regular paper: What is BOND PAPER? A paper that is used for writing, typing, printing, and copying. It is used for office stationary as well. It is bought by weight. It is made from 20-100% cotton. It was used for certificates originally. Law Dictionary: What is BOND PAPER? definition of BOND PAPER (Black's Law Dictionary) [link to www.quill.com (secure)] [link to en.wiktionary.org (secure)] |
Anonymous Coward User ID: 75328972 United States 09/13/2017 04:29 PM Report Abusive Post Report Copyright Violation | A Birth Cert is actually printed on Bond Paper then Quoting: Anonymous Coward 75524551 Registered for TRADE. Thus it is a Bond. The whole process is fraudulent and evil. Are you serious? actually when your parents apply for birth certificate A BOND IS ISSUED IN YOUR NAME IN CAPITAL LETTERS BONDS ARE TREASURIES. YOU GET MONEY FROM THEM. I think you are all correct. The COLB does have the characteristics of a deed, since it contains "survey" information (height, weight, etc). A deed describes property. These "deeds" are conveyed and in this case are conveyed from the state to the Feds. The Property described by the deedis placed in trust, similar to the Deed of Trust from a mortgage. A trust contains property. The trust is assigned a name and account number. Bonds are then issued based on bundling of trust properties, which is what Treasury bonds are. The bundling of the deeds describing the property held in trust and the future return to the bond holders by the property therein. Same as how mortgage backed securities operate. Good thread! The process for undoing it: |
Anonymous Coward User ID: 16337805 United Kingdom 09/13/2017 04:50 PM Report Abusive Post Report Copyright Violation | You are basically correct, but in reality it is a legally-binding contract between your parents and the State. Here's how it works: Quoting: One Who Knows 8080014 When your parents married, they were told they HAD to apply for a "license" to do so. Even though this was/is complete bullshit they complied. When they did so, they entered into a legal contract with the state which assigned any offspring [children, as in YOU] from their union as "Chattel", an assignment which legally granted the State co-ownership of those children. That's why Birth Certificates are also required by law: they are actually a rider to the original marriage contract that your parents entered into. It is this Birth Certificate that allows the State to step in and forcibly remove children from your household whenever they deem it fit for the child and/or society. That same original marriage contract is also why couples must appeal to a court to dissolve that contract through the process known as divorce. That's why in legal terminology it's not called a divorce, but rather a "dissolution." SO: you live your life under the control of the contract your parents unwittingly entered into. Think they would have done so if they had known? And: this contract cannot be canceled until your death, when a Death Certificate is issued that formally cancels out the entire contract of your life. BTW: All of this is also why it is illegal for you to commit suicide! If you do so you are breaking a contract with the State and that's why if you die intestate, your estate automatically reverts back to the State. Pretty UGLY, isn't it? But, it's ABSOLUTELY TRUE! it's fraudulent. it's illegal under "their" system and unlawful under common law they never gave full disclosure as to what people were signing up for, which means IT IS NON-CONSENSUAL. just because people go along with something ('implied consent') doesn't mean they are consenting people go along with things (under duress) because of the threat of force and violence their system is irrelevant as it is a scam and that is the long and short of it! loved that you didn't use capital letters |
Anonymous Coward User ID: 16337805 United Kingdom 09/13/2017 04:56 PM Report Abusive Post Report Copyright Violation | |
One Who Knows User ID: 8080014 United States 09/13/2017 05:32 PM Report Abusive Post Report Copyright Violation | ... Quoting: Anonymous Coward 75524551 "Bond" Paper" is not regular paper. Its made of special elements for "bonds" only. You're crazy, sport! I was in commercial printing [including legal documents] for over 15 years and what you're stating is ludicrous. Inconvenient things like facts and reality mean nothing to these dipshits. For and idiot in the business for 15 years, you sure dont know your facts. Along with the other idoits that support idiots. Bond Paper is special to make it last for decades unlike regular paper: What is BOND PAPER? A paper that is used for writing, typing, printing, and copying. It is used for office stationary as well. It is bought by weight. It is made from 20-100% cotton. It was used for certificates originally. Law Dictionary: What is BOND PAPER? definition of BOND PAPER (Black's Law Dictionary) [link to www.quill.com (secure)] [link to en.wiktionary.org (secure)] You stated that 'bond' paper was used only to print bonds and contained a 'special element' - and you are WRONG. What you are desciribing is commonly called 20-lb bond and is only one step up from the common crap you buy at Walmart. Fine document papers are usally made with a higher LINEN content as well as being watermarked... governmental forms actually bear a custom watermark. 20lb-bond is also not used much for stationery and certainly not on a professional level... here again a Linen stock is generally used but of a heavier weight such as 24#. ORIGINALLY, offical documents were produced on Sheepskin which was actually made of skin. Documents were also a different size: anywhere from a Folio to a Foolsap [foolscap was also the first instance of branding because it's watermark was in the shape of a jester's belled cap]. Early papers were handmade and the cotton - or RAG content determined its value. BTW: the earliest Rag papers contained Cotton from old, recycled underwear. WHY? Because underwear were the only garments that were usually White in color... most other clothing of the period [the 1700's] were dyed darker colors. Next time you want to shoot your mouth off about something you know little about, choose your sources more wisely. BTW: even the cheapest paper can withstand the ravages of time if properly stored. |
Cluck User ID: 61435943 United States 09/14/2017 11:19 AM Report Abusive Post Report Copyright Violation | |
Cluck User ID: 61435943 United States 09/14/2017 01:37 PM Report Abusive Post Report Copyright Violation | A Birth Cert is actually printed on Bond Paper then Quoting: Anonymous Coward 75524551 Registered for TRADE. Thus it is a Bond. The whole process is fraudulent and evil. Are you serious? actually when your parents apply for birth certificate A BOND IS ISSUED IN YOUR NAME IN CAPITAL LETTERS BONDS ARE TREASURIES. YOU GET MONEY FROM THEM. I think you are all correct. The COLB does have the characteristics of a deed, since it contains "survey" information (height, weight, etc). A deed describes property. These "deeds" are conveyed and in this case are conveyed from the state to the Feds. The Property described by the deedis placed in trust, similar to the Deed of Trust from a mortgage. A trust contains property. The trust is assigned a name and account number. Bonds are then issued based on bundling of trust properties, which is what Treasury bonds are. The bundling of the deeds describing the property held in trust and the future return to the bond holders by the property therein. Same as how mortgage backed securities operate. Good thread! The process for undoing it: Yes! That is a horrible movie, but that sequence is freaking brilliant! This has circulated among my study buddies and I before. Thanks for the refresher. |