By Anna Von Reitz
We have had no less than half a dozen U.S. Secretaries of the Treasury scratching their heads and numerous other officials wondering what we are talking about when we "allege" that --- not only is there no "National Debt", but that there is a huge National Credit, instead.
It hinges, of course, on there being three separate "nations" involved in the accounting system --- British Territorial Employees (U.S. Citizens) and Municipal Federal Civil Service Employees (citizens of the United States) and Americans --- that is, all the rest of us.
For purposes of the Government Accounting System, debt is inflated and consolidated in a series of debt accounts that include CUSIP Bonds that are supposed to be issued only on the labor and value of Federal workers, but which have been misapplied to most of the American populace, Insurance and Social Security and Pension debt, Infrastructure bonds, Court bonds, Insurance bonds, etc.
Income streams are largely diverted from public view, shunted off into "internally managed" and "externally managed" accounts that represent huge slush funds, pension investment pools, insurance funds, etc., and which leave only the "budgeted" amount of income showing at both the Federal and State-of-State franchise level.
The unbudgeted income is managed on a completely separate system and so is the National Credit For example, the AUTOTRIS system is the positive flipside of the CUSIP Bond system.
All the debt is ascribed to the public employees (and those who have been misidentified as public employees) so that is the only part of the system that they see and the only side of it that concerns them, however, we all need to be concerned about the hidden unbudgeted income and the National Credit that is owed to all the "missing" Americans who have been misidentified as foreign citizenry, right along with the actual public employees --- who may also be Americans.
How many Americans have been misidentified as Federal Dual Citizens? How many Federal Employees are not actually Federal Dual Citizens, but have had Municipal citizen status illegally conferred on them without their knowledge? How many Public Employees (including State-of-State franchise employees) are Americans who just happen to be working as U.S. Citizens or Municipal citizens of the United States--- one or the other--- and are owed vast amounts of credit along with the rest of the Americans?
This is one area where AFSCME, the American Federation of State, County, and Municipal Employees, and the Public Laborer's Unions and all the other labor unions that cater to public sector employees have mysteriously missed the boat and failed to represent the true interests of the public employees as Americans.
So we have a wonky accounting system not only because most of it is hidden and misrepresented, but also because there is no proper accounting of who is an American and who isn't, and no ledger balancing the "National Debt" supposedly owed by all the public employees against the "National Credit" owed to Americans in general.
The National Debt is not owed by Americans but is owed by Public Employees --- and they are trying to avoid the fact that most of those Public Employees are also Americans. They are also hiding the credit side of the system owed to the Americans and refusing to run a real ledger that would automatically show both debts and credits and allow the books to be balanced.
Now, why would Americans pay for the debts of Public Employees and insist that such a balancing of the books takes place?
First and foremost, we are responsible for a portion of their debt --- that which was spent on providing the goods and services we contracted with them to receive. Second, as Employers we are responsible for the debts our Employees incur in the performance of their jobs. Third, the National Debt is a chimera that we already paid off, but our employees are being charged huge interest on it.
We, Americans, are owed the profit being made off our purloined assets, and everyone is owed the balancing of the books, but we are owed a more basic accounting, too. This most basic level of transactional analysis is where the vast amounts of prepaid credit accrue --- and which I explain in very simple terms in the attached video.
Every time a Federal Reserve Note (I.O.U.) is presented, an equal amount of actual goods and labor is extracted from the economy. What should have happened upon the enactment of the Bretton Woods Agreement is that a means should have been provided to cancel the I.O.U. and immediately retire it from circulation the moment that an equivalent amount of goods or services was received.
This was not done and the intended (and publicized) "Zero Sum Transaction" economy of the Bretton Woods Agreement was never actually implemented as a result.
As you will see in the attached video, the same Federal Reserve (Promissory) Note was allowed to remain in circulation and everytime it was presented for payment, it received an answering exchange of actual goods or services.
This results in a situation where the Federal Reserve Note I.O.U. was paid for and paid for and paid for and paid for and paid for again.....throughout the entire lifetime of the bill itself; every time the "bill" changed hands, it garnered more actual goods and services, but the debt was only accounted for once, when the cash or the Money of Account expressed as liability on bank ledgers worldwide, first entered the system.
THAT imbalance is what causes the great amount of prepaid credit far in excess of the one-time that the debt note is accounted for when it enters the system. The living people have prepaid and prepaid and prepaid.
We have no exact way of knowing how many times a specific Federal Reserve Note changes hands until it is too dog-eared and is taken out of circulation, but we can arrive at a fairly accurate average lifespan per bill, and it is fair for us to expect our prepayment to be honored as credit.
Because why? Because it's a debt-credit system. The system itself is just paper, that is, "legal tender" and credit paper spends the same as debt paper --- as you all readily observe every year at Christmas time when you receive "gift cards" -- only this time, when we exercise a prepaid credit, we'll take an equal value Federal Reserve Note out of the system and pay off the "National Debt".
In this way, we get back to the Zero Sum Transaction it was supposed to be.
When all the Federal Reserve Notes are absorbed and taken out of circulation, there will still be a humongous amount of credit left. And no National Debt.
It's the failure to account for the American side of the ledger and also failure to account for the Americans themselves, that results in the false appearance of a National Debt, and then, this False National Debt is secondarily used as an excuse to charge vast amounts of interest.
A big part of the scheme was to misidentify as many Americans as possible as public employees or dependents of public employees or as political asylum seekers or people seeking welfare benefits. This was done in order to mischaracterize them as Federal Dual Citizens and as debtors stuck holding the bag for the "National Debt" --- the more the merrier when it comes to sharing your debts, and the more people conscripted to this duty, the more collateral could be securitized to fund more debt and the more Federal Reserve Notes they could issue....
Until someone somewhere had to wonder.... what do we have that is worth $37 trillion dollars? Much less $37,000 T if you assume each "Note" changed hands a thousand times during its lifespan?
We'd be utterly lost if not for the prepaid National Credit standing on our side of the ledger and the fact that it was paid in actual goods and services.
So who or what literally owes the credit to us? Technically, the banks, but more to the point, all the government services corporations and municipal corporations and all their franchises worldwide --- every incorporated entity on Earth.
The Robber Barons and their progeny, people like the Rothschilds and Rockefellers, the Warburgs, and Vanderbilts, and Harrimans, the various Church and government elites, together with the European Monarchs, figured out ways to defraud and denigrate and purloin the assets of the unsuspecting public, to pay for all their operational costs and debts and taxes, and leave them with all the profit from their "investment" of other people's money, labor, land values, and even, in the case of the Churches, their souls.
They created the whole airy-fairy world of corporations and commercial "paper" used as "legal tender" --- certificates and promissory notes, stocks and bonds, debentures, "clearinghouse receipts" and even "Life Force Value Annuities"---- and they manipulated and monopolized this world, devised systems to control it and enforce its special "laws" known as statutes and codes --- and even their own exit strategies, such as bankruptcy and "retiring from public life".
Think of it as The Land of Oz. None of it is real, but it has its own denizens and roles and rules, right down to the opium poppies.
All the physical assets of the Churches, not counting souls or living people---(that was all illegal and unlawful and immoral securitization), all the physical assets and intellectual assets of the corporations, all the assets of the incorporated foreign banks that willingly participated in this system, all the pension and insurance funds, all the Slush funds, all the "personal" fortunes, all the AUTOTRIS accounts, all the patents, all the land, all the gold and silver and physical assets of the world, are owed back to us, the living people.
And not just the Americans.
All the physical, and material, intellectual, and energetic assets of all these corporations now belong to us, not their managers, not their trustees, not even their shareholders because they are all by definition bankrupt and foreclosed --- but to the living people who are in fact the source and owners of all these things.
It's payback time, when the wheels of the Money Mill reverse spin.
The profits from the world's productive capacity will no longer accrue to less than 1% of the world's population, and the expenses of these corporations will no longer be foisted off on the innocent. No more paying off mortgages owed by "the State of Whatever, Inc." No more latching onto the assets of living people and terrorizing them under color of law using private collection agents, for example, the IRS.
No more claiming jurisdiction over living people and presuming the existence of corporation franchises named after them.
It's over. And if you want to know one of the big reasons why it's over and why we have the means to avoid a huge economic meltdown in our hands and why we in fact own all the corporations that exist --- including corporations in the business of selling "essential government services" --- spend a few minutes and pay attention to the attached video.
A kid in grade school and a Granny with some hand puppets can understand it and explain it and never miss a beat.
We have chartered our American banks across the full spectrum of banking activity for the purpose of beginning the process of returning profit to the living people and paying back both money and credit assets that are theirs.
This will stimulate the economy worldwide and put an end to the crisis that these criminals have caused. It also does away with any excuse the Hired Help may have for pushing universal surveillance and coercive control schemes.
To the Death Mongers we say --- you want to celebrate death? Celebrate with your own. We won't stop you. Jump off the nearest cliff. Slit your own throats. Have Murder Parties and drink all the special Kool-Aid you want. We will throw in free cremation of your remains at public expense. Heck, we will have a Block Party and celebrate your departure. Just don't come near any of us or our people, and leave your insane nasty paws off our kids.
To the "Elite" we say, the old "Hegelian Dialectic" is transparent and boring. Every time we see a problem in the world, we see you coming with some more dishonest poor-mouthing or urgent concern trying to justify some new system of coercive taxation. Here's our advice: go get a life. Learn to contribute and earn your place at the table.
To all those who have been confused by this crazy economic system --- it was designed to be confusing, because it's fraudulent and criminal and not really an economic system at all, ---not in any conventional sense. What you've had here, substituting itself for an economic system, is a resource extraction system, an asset-stripping system, with no meaningful or actual equitable exchange or due consideration built into it.
Here it is in a nutshell:
Your government employees insist that you extend them credit, and you are forced to prepay it for them.
Then they charge off their debt to you, even though you have prepaid their debt---- and charge you interest on this debt.
Then they go bankrupt and claim that you are their Underwriter and responsible for paying it.
And all the profit from their misuse and abuse of your credit and your bodies and your souls and every other asset of yours they could latch onto, has been funneled into their pockets with no thought of anything beyond keeping the farm animals docile until they are ready for slaughter.
And now, the Bool Sheet ends, with a fifteen minute Dutch Grandma video showing you how things actually stand -- and why.
Notice to Principals is Notice to Agents; Notice to Agents is Notice to Principals.
Issued by:
Anna Maria Riezinger - Fiduciary
The United States of America
In care of: Box 520994
Big Lake, Alaska 99652
November 14th 2025
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