Does the Treasury keep Live Birth Trust Accounts?

Justin

For the benefit of all readers I ought to confirm that no evasion or sleight of hand was intended here. There is no system such as you seem to envisage. There is of course such a thing as a Child Trust Fund - http://www.childtrustfund.gov.uk/ - but that is simply a savings and investment account for children born after 1 September 2002.

Paul Morran

Why not take a look at The Government Annuities Act 1929. It may be what your looking for

Hold on a minuite justin did you say anything about national insurence???

I have no idea how the system works in the Uk. However there is a lot of evidence of Treasury Trust accounts in the USA. As the USA legal and financial system is based on the UK one,it seems unlikely that they are very different.This may take a lot of believing but this is how it works in the USA.
In 1933 the USA was declared bankrupt and apparently it still is. In that year, by an Act of Congress , anyone who had any gold was ordered to sell to the Government who then sold it on to other countries at a handsome profit. It did mean that the Gold Standard for the US currency was abandoned and another system was required to back up the currency. There is now very little gold in Fort Knox or the Bank of England for that matter. Since then every child born in the USA or any legal immigrant is required, by law to receive a Certificate of Live Birth. The certificate has to arrive in the Commerce Dept of the Treasury within 16 days of birth. On receipt an account is opened at the Treasury in the fictitious (ALL CAPITAL letters) name of the child and an amount is allocated. Some say the amount is $750,000 and others say it is variable depending on how much the State requires. This represents the amount of earnings that the person can generate in its lifetime. They effectively mortgage the future earnings of the people to back the currency. Every living (legal) person the USA consists of two people. The real person whose name is spelt in upper and lower case letters and the STRAWMAN , same letters but always in CAPITALS. The STRAWMAN backs the currency and that is why all your bills come addressed in block capitals.You are the debtor and the creditor at the same time. Try a website called www.livingfreeandclear.com it explains it all far better that I can.. This is not heresay, it can all be followed through Acts of Congress since the form of the Federal Reserve Bank in 1919. If you have the patience to try. Incidentally I understand that you can access the Treasury Trust Account but of course the Government really don’t want you to so they are very reluctant to tell you how.