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 ?
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.