It’s the corporate UNITED STATES INC that is in bankruptcy and defunct.
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You might find this interesting. I’m a member of newspapers.com which allows a person to read Anglo-American propaganda/information as far back as the early 1700’s.
Currently I’m reading about the Panic of 1837, as told by a character named James Gordon Bennett Sr who is the editor of the New York Herald.
In his NYC newspaper he states one corporation runs New York City and its business and politics, it has a monopoly of power.
Later on his front page, week after week, he lists every major bank and chairman in NYC and says this is the “Government of United States.”
Sometimes political & financial change is an illusion and a fairy tail.
Just look at how Morgan dictated the fed reserve at Jekyll island to the treasury. It was at his club!
At the top level, UNITED STATES INC runs the United States (since we switched from Common law to Maritime law). Like subsidiaries, but corporations nonetheless, are the 'State of XXX', fill in the xxx with your state. Under each state, are the corporate cities and towns. My small town was incorporated in the early 1700's, and their ubiquitous seal has the year of incorporation. Furthermore, some or all of the original colonies that became states started off as corporations - like Mass Bay Colony, a corporation under the crown. AFAIK, there was no change to this corporation when Mass Bay Colony transitioned to being called 'State of Massachusetts'. It is my understanding that all the corporations of government have CUSIPs and can be looked up in Dunn & Bradstreet (I once looked, but you had to fork over $'s to become a member first, to do so).