US Citizens; Their Property Collateral for US Debt

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US Citizens & Their Property Collateral for US Debt – See more at:

. . . Prior to 1913, most Americans owned clear, allodial title to
property, free and clear of any liens or mortgages until the Federal
Reserve Act (1913) “hypothecated” all property within the federal
United States to the Board of Governors of the Federal Reserve, -in
which the Trustees (stockholders) held legal title. The U.S. citizen
(tenant, franchisee) was registered as a “beneficiary” of the trust
via his/her birth certificate. In 1933, the federal United States
hypothecated all of the present and future properties, assets and
labor of their “subjects,” the 14th Amendment U.S. citizen, to the
Federal Reserve System.

In return, the Federal Reserve System agreed to extend the federal
United States corporation all the credit “money substitute” it needed.
Like any other debtor, the federal United States government had to
assign collateral and…

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I rant about issues concerning foreclosure, real estate law and any topic of interest. Normally my day job is Fashion and Costume Design. I like writing and reading interesting subjects.
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