“Unfortunately, this is a passage that *I don’t think can be substantiated*and is therefore bogus.”

This quote has been floating around online for the least eight years (never cited) or more and is one that I have tried to substantiate over a long period of time (as have others) which *included calling the presidential library. The only citation ever given from which this passage allegedly came is the autobiography of House, however it is not there.

While the passaged maybe contextually true, it passes way too much mustard. If it was in a private meeting was it documented? How? Where is the citation? You won’t find one.

“[Very] soon, every American will be required to register their biological property in a National system designed to keep track of the people and that will operate under the ancient system of pledging. By such methodology, we can compel people to submit to our agenda, which will affect our security as a chargeback for our fiat paper currency. Every American will be forced to register or suffer not being able to work and earn a living. They will be our chattel, and we will hold the security interest over them forever, by operation of the law merchant under the scheme of secured transactions. Americans, by unknowingly or unwittingly delivering the bills of lading to us will be rendered bankrupt and insolvent, forever to remain economic slaves through taxation, secured by their pledges. They will be stripped of their rights and given a commercial value designed to make us a profit and they will be none the wiser, for not one man in a million could ever figure our plans and, if by accident one or two would figure it out, we have in our arsenal plausible deniability. After all, this is the only logical way to fund government, by floating liens and debt to the registrants in the form of benefits and privileges. This will inevitably reap to us huge profits beyond our wildest expectations and leave every American a contributor or to this fraud which we will call “Social Insurance.” Without realizing it, every American will insure us for any loss we may incur and in this manner; every American will unknowingly be our servant, however begrudgingly. The people will become helpless and without any hope for their redemption and, we will employ the high office of the President of our dummy corporation to foment this plot against America.”

– Edward Mandell House; in a private meeting with Woodrow Wilson [President 1913-1921]