9d • The Main Stage
Word is Bond - From Courtroom to Wall Street: The Bond Pipeline You Were Never Taught
Taxes vs. Bonds — Clearing the Misconception
People think their tax dollars directly pay for roads.
Reality: Municipal bonds finance roads, bridges, and sometimes prisons.
Tax dollars only service the debt over time (repaying investors).
Prisons and courts, operate on the same principle: bond financing, not direct “citizen tax” flow.
1) Core Thesis
- Court cases are treated as commercial debt contracts (“assumpsit”).
- A stack of bonds is created per case: Bid Bond (SF-24) → Performance Bond (SF-25) → Payment Bond (SF-25A).
- These bonds are pooled, turned into securities (like MBS), and sold into the market.
- Clearing happens through CUSIP numbers + DTCC (55 Water Street, NYC).
- The book insists: “Everybody feeds off the prison system”—banks, brokerages, and private prison companies.
2) Who Does What?
- Contractor/Corp → tenders a Bid Bond to court.
- Reinsurer → backs it as surety.
- Underwriter (investment bank/broker) → packages them into pools.
- TBA (Bond Market Assoc.) → bonds are sold here.
- Banks/Brokerages → resell as investment products.
- Investors → mutual funds, pensions, insurance firms.
Forms cited: SF-24, SF-25, SF-25A, SF-28, SF-1416/1418, SF-273–275.
3) How Prisons Prop Up Finance
- Every conviction = a contract that spawns bonds.
- Bonds = cashflow assets that investors buy.
- Private prison REITs (like CoreCivic/CCA, GEO) double-dip: Bonds on the inmate’s case. Bonds/shares on the prison building (real estate trust).
4) Municipal Bonds & Roads (Parallel Context)
- Cities issue municipal bonds to build infrastructure.
- Two flavors: General-Obligation Bonds (GO) → backed by taxing power. Revenue Bonds → paid back from tolls, lease payments, or project income.
- Same Wall Street plumbing (underwriters, broker-dealers, DTCC clearing).
- Prisons too have been financed this way: revenue bonds backed by per-diem contracts for inmate housing.
5) Birth Certificates, CUSIP & “Remedy” (Book’s Argument)
- Book asserts birth certificates are securities with CUSIP identifiers.
- SSN = AUTOTRIS tracking number.
- Remedy strategies include “Acceptance for Value” filings to settle obligations.
- Includes sample affidavits alleging courts are selling bonds/securities tied to individuals.(Note: contested in mainstream law.)
6) Pipeline (Simplified Map)
Case filed → Default (assumpsit) → Bonds issued (SF-24/25/25A) → Pooled (MBS) → Sold to TBA → Banks/Brokerages → Investors → Identified via CUSIP → Cleared via DTCC → Overseen by SEC.
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Word is Bond - From Courtroom to Wall Street: The Bond Pipeline You Were Never Taught
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The School You Should’ve Had! Why weren’t we ever taught about credit of finance basics in school? What is money 💰 anyway? Foundational Keys 🔑🧠✨📖
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