The summary is slightly inadequate. There wasn't a corporation that usurped the government - the government made corporations of everyone
Basically it goes like this -
* SSN Act (created after the market crash) was created not only to provide faux "retirement" accounts but also "incorporate" every citizen of the country as a company upon birth.
* New baby John Smith instantiates company JOHN SMITH with account 123-45-6789
* ALL banking and financials go through your company account JOHN SMITH (check your checks, statements, loans). This included Liens, child support, taxes, alimony, etc.
* The line you sign your name on your check is not actually a line but very tiny "Authorized Representative" IE: John Smith is acting on behalf of JOHN SMITH
Why?
Because Feds didn't have the power to enact laws on individual citizens at the time. So they created companies out of every citizen which they can then force to pay into Social Security (among other things). This has evolved over time granting the government the power much more power over individuals through their "shell companies"
Some sovereign citizens claim to be able to gain sole control over their shell corporation JOHN SMITH and with that all government encroachments on their rights via liens and taxes are invalid.
Disclaimer: I have no position on this conspiracy theory just providing a better summary
Basically it goes like this -
* SSN Act (created after the market crash) was created not only to provide faux "retirement" accounts but also "incorporate" every citizen of the country as a company upon birth.
* New baby John Smith instantiates company JOHN SMITH with account 123-45-6789
* ALL banking and financials go through your company account JOHN SMITH (check your checks, statements, loans). This included Liens, child support, taxes, alimony, etc.
* The line you sign your name on your check is not actually a line but very tiny "Authorized Representative" IE: John Smith is acting on behalf of JOHN SMITH
Why?
Because Feds didn't have the power to enact laws on individual citizens at the time. So they created companies out of every citizen which they can then force to pay into Social Security (among other things). This has evolved over time granting the government the power much more power over individuals through their "shell companies"
Some sovereign citizens claim to be able to gain sole control over their shell corporation JOHN SMITH and with that all government encroachments on their rights via liens and taxes are invalid.
Disclaimer: I have no position on this conspiracy theory just providing a better summary