colonel Edward Mandell House is alleged to have said (if he didn't, he may as well have);
“[Very]
soon, every American will be required to register their biological
property in a national system designed to keep track of the people and
that will operate under the ancient system of pledging. By such
methodology, we can compel people to submit to our agenda, which will effect our security as a chargeback for
our fiat paper currency. Every American will be forced to register or
suffer being unable to work and earn a living. They will be our chattel,
and we will hold the security interest over them forever, by operation
of the law merchant under the scheme of secured transactions.
Americans,
by unknowingly or unwittingly delivering the bills of lading to us will
be rendered bankrupt and insolvent, forever to remain economic slaves
through taxation, secured by their pledges. They will be stripped of
their rights and given a commercial value designed to make us a profit
and they will be none the wiser, for not one man in a million could ever
figure our plans and, if by accident one or two should figure it out,
we have in our arsenal plausible deniability. After all, this is the
only logical way to fund government, by floating liens and debt to the
registrants in the form of benefits and privileges. This will inevitably
reap to us huge profits beyond our wildest expectations and leave every
American a contributor to this fraud which we will call “Social Insurance.” Without realizing it, every American will insure us for any loss we may incur and in this manner, every
American will unknowingly be our servant, however begrudgingly. The
people will become helpless and without any hope for their redemption
and, we will employ the high office of the President of our dummy
corporation to foment this plot against America.”
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