Yes. Too much debt to pay back to the jew banking mafia after the 1930's. Negotiated out of it by collateralizing the US Citizens and all of the land mass of The (former) United States of America. This was used to create Social Security (Ref#1 the debt note for each person) and later weaponized the IRS (Ref#2 collection agency to repay the newly collateralized debt). Signing your kids up for Social Security is OPTIONAL, but once you do it they are just another collateralized asset on the good old Corporation USSA's balance sheet. Ref #1: https://en.wikipedia.org/wiki/Social_Security_Act (1935) Ref #2: https://en.wikipedia.org/wiki/Internal_Revenue_Service >The United States of America declared bankruptcy in 1933 - declared so by President Roosevelt by Executive Orders 6073, 6102, 6111 and by Executive Order 6260 on March 9, 1933, under the "Trading With The Enemy Act" of October 6, 1917, AS AMENDED by the Emergency Banking Relief Act, 48 Stat 1, Public Law No.1, which is presently codified at 12 USCA 95a and confirmed at 95b. >Congress confirmed the bankruptcy on June 5, 1933, and thereupon impaired the obligations and considerations of contracts through the "Joint Resolution To Suspend The Gold Standard and abrogate The Gold clause, June 5, 1933" (See: HJR-192, 73rd Congress, 1st Session). When the Courts were called upon to rule on various of the provisions designed to implement and compliment FDR's Emergency BANKING Relief Act of March 9, 1933, they were all found unconstitutional, so what FDR did was simply stack the "Court's" with HIS chosen obsequious members of the bench/bar and then sent many of the cases back through and REVERSED the rulings. >House Joint Resolution 192 (HJR-192), 48 Stat. 112, was passed by Congress on June 5, 1933. The 'Act' impaired the obligations and considerations of contacts and declared that the notes of the Federal Reserve banks were "legal tender" for the payment of both public and private debts, and that payment in gold Coin was against "public policy". (In effect, FDR and Congress, under executive orders and legislative fiat, nationalized the people's money, i.e., their gold Coin. Nationalization is a violation of the Law of Nations and existing public policy of Congress. See: Hilton vs. Guyot, 159 U.S. 113 (1895). The gold Coin that was confiscated (nationalized) was later used to purchase voting stockholder shares in The Bank and The Fund at $35 per ounce.) At this point in time, "Fair Market Value", i.e., a willing seller and buyer, without compulsion, lost any substantial meaning.