https://twitter.com/Cancelcloco/status/1740515711775346762
Any share you own with a brokerage is not actually owned by you. You are just a "beneficial owner". The shares are actually owned by a company called Cede and Company which is a subsidiary of DTC.
So whats the big deal? So what if you are a beneficial owner, whatever that means?
It is a big deal when your brokerage firm goes out of business. When that happens, the shares go back to the DTC and not to you because they are the real owners.
If you are holding a share via DRS, on the other hand, then you own the shares.
A couple of interesting numbers / symbology.
17% of all US shares are owned by the people, via DRS.
Cede and Company is located at address 55 W̳a̳t̳e̳r̳ Street, NY.
We all know the significance of 55 - "Storm is upon us"
When the storm is upon us, and the brokerages start collapsing, people will watch their shares all flow into the Water Street - One of the key meanings of Watch the Water ?
I like it.
Don't forget most stocks can be directly registered in your own name with a transfer agent like computershare or one of the others depending on what stock you own,
Daniel Payseur… top of the pyramid
That's an interesting rabbit hole.
One of the first "conspiracy theories" I heard after getting red pilled is how Cede & Co holds all of our birth certificates as securities.
Also Buy Hold DRS
Ah, intresting. Gotta dig into this as well. First time I am hearing a concrete entitie that supposedly holds the birth certificates so would be nice to dig. All I had heard so far was "BCs are used as collateral".
see also 'the great taking'. am about to go through it again tonight for the third time.
https://www.youtube.com/watch?v=dk3AVceraTI
I can't tell from your post if you're following the Meme stock issue (Gamestop), but that has a huge tie in as well. When the Gamestop community started focusing on the DTC a couple of years ago it was, for me, a huge collision of two narratives because they are talking about bankrupting the same structure that (allegedly) owns our "strawman" (assuming you are up to speed on the "strawman" issue) ((which also ties in with the US Coprporation vs the original Republic issue)).
Yeah, I am pretty sure out of that 17% a chunk of it would be the GME HODLers.
As for the strawman issue, I have read into it extensively from multiple sources, but never found anything tangible to point to, in any treaties, legislations, regulations etc.
The closest I came to is the Emergency Banking Act of 1933, which was issued the day after 44th Speaker of the House finished his term. (Remember Mike Johnson was introduced as 45th speaker of the House).
This makes me think that EBA is the key, but I could not find the words "Birth Certificate" or anything that can be inferred as such, in the wording.
Would love it if you have any pointer to any piece of law that includes the words Birth Certificate.
Just to be clear, I personally believe the whole US corporation + strawman issue. There is no doubt this happened or else we would not be where we are. But, I am still hunting for that one crumb that will make it easy to share it with normies.
DTC is owned by DTCC, then the banks own DTCC all regulated by the SEC
Ouroborus
What is to Cede?
I am reminded of a cartoon called Asterix. When he goes of to Palestine, he is transported by a Phoenician merchant on a ship.
Asterix inquires of the rowers:
The merchant responds: No, we made some changes. They re now the general executive steering committee and I am the organizing captain.
Wow! I actually remember this. I musta read it atleast 25 years ago, and the teenage me laughed at it, without understanding what it really was about.
for old times sake:
https://archive.org/details/26AsterixAndTheBlackGold_201805/page/n21/mode/2up?view=theater
page 25.
It is a bit of a pitty that the humor not always can be conveyed literally. And worse, today, I found Albums which were reworded ....and are missing the ironic satire.
So, the only reals ones are the old ones.