Could it be THIS easy to erase our national debt?Submitted by Dialed-IN on Wed, 04/10/2013 - 18:35
The Act of 1871 formed a corporation called THE UNITED STATES.
That Corporation is responsible for the $16Trillion in debt we currently have.
My former landlord has dozens of rental houses, each one incorporated separately. If he house falls down on a tenant, that house's incorporation either pays out or declares bankruptcy, but all his other houses are untouched by this.
Since $16T is impossible to pay off, is the only way forward for a future Liberty President to sign an executive order stating: that shell company created in 1871 is to assume all debt and declare bankruptcy/dissolve, but not harm the Republic of the United States.
Its similar how The US got out of Alaska's 100 year lease from Russia. We made that deal with the Tsar Ruler of Russia, when the lease ran out and the Soviet's wanted it back, we simply said our agreement was with the Tsar and since the Tsars are gone, our return agreement is also gone. I believe this is how we got out of that Treaty with the French in the 1790s, when the French Revolutionaries wanted us to honor the agreement we had made with the Louis XVI who had since been decapitated.
I would love for the music to stop and the Global elites find only 1 chair left, and sitting in it is an American Child with a slip of paper that says "Debt Free".