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The United States of America, Inc.


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This post poses questions, not statements. This is a new conspiracy theory (or at least new to me) that I've been running across lately and figured I'd throw it out to PPP for discussion/enlightenment.

 

Nuts and bolts of the theory are as follows:

 

The United States of America is in fact a corporation and we as citizens are NOT governed by common law as we have been led to believe. Instead we are subject to the UCC (though I don't understand the enforcement mechanisms available to the UCC since they're not a governing body).

 

Each citizen is bonded at birth as evidenced by their birth certificate. The value of each citizen is placed at $10m and insured as such. The Corporation of America trades and borrows against its assets (the people), using the bonds as collateral.

 

"Evidence" presented includes 28 USC 3002 which states:

15) “United States” means—

(A) a Federal corporation;

(B) an agency, department, commission, board, or other entity of the United States;

© an instrumentality of the United States.

 

I'm fairly certain this is not enough to pass as congress creating a federal corporation, but I'm not a constitutional lawyer. Additional evidence is also presented in various forms, each one crazier than the next.

 

Is this a new theory or an old one that's been dusted off and trotted back out? I find it hard to believe, but I guess that's what makes it a conspiracy theory.

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It's an old one that's been trotted out again and again.

Thanks. I've never heard of it before but it seems like I'm hearing it more and more (from people I don't take seriously naturally). Makes me wonder if it's gaining popularity again because it fits so neatly into the anti-corporate rhetoric that's in the leftist political zeitgeist. Though, conspiracy nuts tend to be predominately conservative/libertarian leaning folk so I might be reaching.

Edited by We Come In Peace
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