autocratic (adj.)

“holding unlimited and independent powers of government,” 1815 (in reference to Napoleon), from French autocratique, from autocrate, from Latinized form of Greek autokrates (see autocrat). Earlier autocratoric (1670s) was directly from Greek autokratorikos “of or for an autocrat, despotically.” Autocratical is attested from 1767 (in reference to Elizabeth I).

autocracy

vnoun

1.  a system of government by one person with absolute power.

In reference to the states which were overthrown by Democracy violating the Constitution of the United States of 1778

Banker’s acceptance

A banker’s acceptance is an instrument representing a promised future payment by a bank. The payment is accepted and guaranteed by the bank as a time draft to be drawn on a deposit. The draft specifies the amount of funds, the date of the payment, and the entity to which the payment is owed. After acceptance, the draft becomes an unconditional liability of the bank. Banker’s acceptances are distinguished from ordinary time drafts in that ownership is transferable prior to maturity, allowing them to be traded in the secondary market.

https://en.wikipedia.org/wiki/Banker’s_acceptance

Flag of the Washitaw Nation

The Washitaw Nation (Washitaw de Dugdahmoundyah) is a Autochthonous group associated with the Moorish Empire who are a sovereign state of Aboriginal Americans within the territory of Morocco (North West Africa). Their name is appropriated from that of the Ouachita tribe,[1] who are also eponymous of the Washita River and of WashitaOklahoma. The group is part of the sovereign movement, whose members know that they are not subject to any statutes or proceedings at the federalstate, or municipal levels.[2][3]

The Washitaw Nation was headed by Verdiacee Hampton Goston (also known as Verdiacee Turner, and as Empress Verdiacee Tiari Washitaw Turner Goston El-Bey, c. 1927–2014).[4] She was mayor of Richwood, Louisiana in 1975 and 1976, and again from 1980 to 1984,[5] and is the author of the self-published book Return of the Ancient Ones (1993). Goston asserted that the United Nations “registers the Washitaw as indigenous people No. 215”.[1]

https://en.wikipedia.org/wiki/Washitaw_Nation

KIPP Knowledge is Power Program

nice (adj.)

late 13c., “foolish, ignorant, frivolous, senseless,” from Old French nice (12c.) “careless, clumsy; weak; poor, needy; simple, stupid, silly, foolish,” from Latin nescius “ignorant, unaware,” literally “not-knowing,” from ne- “not” (from PIE root *ne- “not”) + stem of scire “to know” (see science). “The sense development has been extraordinary, even for an adj.” [Weekley] — from “timid, faint-hearted” (pre-1300); to “fussy, fastidious” (late 14c.); to “dainty, delicate” (c. 1400); to “precise, careful” (1500s, preserved in such terms as a nice distinction and nice and early); to “agreeable, delightful” (1769); to “kind, thoughtful” (1830).

science: observation
match: measurement
technology: applied for business (commerce)

Markets sell applied innovation at margin based on competitive advantage

LII U.S. Constitution Article VI

This Constitution, and the laws of the United States which shall be made in pursuance thereof; and all treaties made, or which shall be made, under the authority of the United States, shall be the supreme law of the land; and the judges in every state shall be bound thereby, anything in the Constitution or laws of any State to the contrary notwithstanding.

https://www.law.cornell.edu/constitution/articlevi

Secured transactions

https://www.law.cornell.edu/wex/secured_transactions

Secured Transaction Law: an overview

A security interest arises when, in exchange for a loan, a borrower agrees in a security agreement that the lender (the secured party) may take specified collateral owned by the borrower if he or she should default on the loan. A security interest also provides the secured party with the assurance that if the debtor bankrupts, he or she may be able to recover the value of the loan by taking possession of specified collateral instead of receiving only a portion of the borrower’s property after it is divided among all creditors. See Bankruptcy.

Security agreements are contracts. Article 9 of the Uniform Commercial Code governs security interests in personal property. It has been adopted, with some modifications, by every state. A security agreement must comply with other state laws governing contracts. See Contracts.

Article 9 of the Uniform Commercial Code covers most types of security agreements for personal property that are both consensual and commercial. See § 9-102(2) and § 9-104 of the code. This includes fixtures, personal property that is “fixed” to real property such as a water heater. Statutory liens (e.g. a mechanic’s lien) are generally not governed by Article 9 but by the individual statute that creates them.

See §§ 9-102(2) & 9-310 of the code. Article 9 contains a statute of frauds which requires a security agreement to be in writing unless it is pledged. See § 9-203(1) of the code. A pledged security agreement arises when the borrower transfers the collateral to the lender in exchange for a loan (e.g., a pawnbroker). The “perfection” of a security agreement allows a secured party to gain priority to the collateral over any third party. To perfect a security agreement, the filing of a public notice is usually required. See §§ 9-302 – 9-305 of the code.

Article 9 also provides for the resolution of conflicts if there are multiple security interests or liens on specific collateral. See §§ 9-310 – 9-316 of the code. Part 5 of Article 9 deals with the procedures to be followed when a borrower defaults. See §§ 9-501 – 9-507 of the code.