I understand that the act abolished the cities of Washington and Georgetown and made a consolidated government for the entire District of Columbia, but how exactly does this affect the rest of the United States, let alone turn it into a business corporation?
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It didn't transform the USA. Instead it created a corporation, established to govern the United States. Ever since, the regular USA Republic has been unstaffed, with positions unfilled. But the corporation called USA Inc has been fully staffed, effectively overseeing and usurping the sovereignty.
That's the eagle's eye view. Reading the actual laws gets very thick in the weeds. But I did read some of the old opinion pieces written about it at the time, and it's clear that some people at the time saw it as selling out the country and enslaving the citizenry. Sorry, no sources but that's what I got after looking into it.
You're one of the few I trust when you say "sorry no source, trust me". Thanks for a broad overview. o7
Thanks. Very kind of you. I read and remember a lot, but I'm bad at keeping my sources. I admire the anons that post with sauce.
For those who want to dig, start with the Organic Act of 1871.
This is a research board. On important issues like this, you shouldn't even post if you haven't any sources. Human memory is frail, and fanciful to what you would LIKE to believe.
Do yourself a favor. Make this the first post to which you add sources.
Get out your shovel and start digging, anon.
I've done posts that were well-sourced. It seemed that the OP was asking for an explanation of the basic idea not a proof. I think there's room on the board for theory and summary, especially when stated as such.
But if you have proof this concept is wrong, don't hesitate to bash it. Tons of good proofs are uncovered by back-and-forth. Other anons have already chipped in a few data points.