Corporate Chains of Custody, part 2 Who controls the Centralized Controllers?

Depository Trust Corporation and Cede & Co. Private owners whose Dynastic Influential Families own all assets in Allodium. Elites who hold this type of ownership do so through Allodial Trusts.

If you have not read the first posting I did on this, here is a link:

Corporate Chains of Custody show just how Centralization can be a place for Corruption to Thrive. Where Policy enshrines Criminality

You are welcome to cross post this if you like; it may help spread the information.

In my prior posting on Corporate Chains of Custody, I illustrated that the whole Corporate Syndicate was controlled by four investment funds – The Big Four - that control the US and World economy. Who owns or controls these Big Investment Firms? If you buy and sell stock on the exchange, who represents your best interests? Do government regulators like the SEC help maintain a system that supports your ownership in stocks or bonds? If you have read most of my articles you know that I take a very dim view of “Control Hierarchies,” so far, it is obvious that the whole system is setup as a command top down format; is that what passes for “Capitalism?” If you scroll down to the lower half of this article, it becomes very clear why government is clearly setup as a corporation and it is in the business of picking winners and losers. Global owners are the ones this system is designed to benefit.

BlackRock, Vanguard, State Street, and Fidelity operate the global corporate syndicate; as primary investment firms, who privately owns the paper assets they manage?

Important points to recap; Data provided by Firestarter:

Vanguard isn’t a publicly traded company. The official story is that investors in Vanguard are the ultimate owners, who supposedly decide how Vanguard handles business. Because Vanguard is a private company, it’s not forced to disclose information. [This is a key point.]

Major Shareholders in BlackRock include – BlackRock (4.51%), State Street (3.42%), FMR, Fidelity (2.32%); and PNC Financial Services Group, Capital (4.34%), Wellington Management Company LLP (3.75%), Bank of America Corporation (2.69%). [Vanguard funds own at least 10.8%.]

PNC Financial Services Group Inc. owns a whopping 21.42%

BlackRock: https://finance.yahoo.com/quote/blk/holders?ltr=1 (archived here: http://archive.is/Yfoye)

PNC Financial Services History:

It evolved from the Pittsburgh Trust and Savings Company that was founded in Pittsburgh, Pennsylvania in 1845. PNC Financial Services Group, Inc. is a Pittsburgh-based financial services corporation, with assets, at the end of 2016, of approximately $366 billion:

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

Major Shareholders in PNC Financial Services Group, Inc. include – Vanguard (at least 15.3%), BlackRock (6.0%), State Street (5.0%), FMR, Fidelity (3.1%), and Capital (4.8%, including Washington Mutual Investors Fund), JP Morgan Chase & Company (2.4%), T. Rowe Price Associates Inc. (2.7%), Massachusetts Financial Services Co. (2.2%), Wellington Management Company LLP (7.3%): https://finance.yahoo.com/quote/PNC/holders?p=PNC (archived here: http://archive.is/zNcXc)

Wellington Management Company LLP owns 3.75% of the shares in the biggest investment fund in the world, BlackRock, and it also owns 7.3% of the shares in the PNC Financial Services Group Inc. that in turn, owns an additional 21.4% of BlackRock.

History of Wellington Fund:

In 1928, Walter L. Morgan from Philadelphia established the first balanced mutual fund in the US - the Wellington Fund. The Wellington Fund is one of the oldest surviving American mutual funds and has more than $1 trillion assets under management. In 1979, after it had gone public, 29 partners bought back the firm.

John C. Bogle, who succeeded Morgan as chairman in 1970, later founded Vanguard: https://en.wikipedia.org/wiki/Wellin...gement_Company

[This seems circular enough, yet it took me several re-reads to really see the pattern.]

Major Shareholders in State Street Corporation include – Vanguard (at least 11.5%), BlackRock (5.9%), State Street (5.1%), FMR (4.4%), T. Rowe Price Associates Inc. (7.4%), Massachusetts Financial Services (7.4%): https://finance.yahoo.com/quote/STT/holders?p=STT (archived here: http://archive.is/E8ZOi)

Massachusetts Financial Services History:

(MFS Investment Management) was founded in 1924, is one of the oldest asset management companies in the world and has been credited with pioneering the mutual fund. As of 30 April 2017, MFS had $448.7 billion in assets under management: https://en.wikipedia.org/wiki/MFS_Investment_Management

History of Fidelity:

Fidelity (FMR) was founded in 1946 by Edward Johnson, and is run ever since by the Johnson family. Edward eventually turned the reins over to his son, Edward “Ned” Johnson III, who was Fidelity’s chairman until his late 80s. Today, Abigail Johnson, Ned’s daughter, is the CEO of Fidelity investments. Fidelity Investments is owned by FMR LLC, which is controlled by the Johnsons.

According to Bloomberg, in 2012, the Johnson family is worth $22 billion. Ned Johnson is worth $6.9 billion. His daughter, Fidelity president Abigail P. Johnson, has a net worth of $10.1 billion. Abigail’s 2 siblings, Edward C. Johnson IV and Elizabeth L. Johnson, each own $2.5 billion.

According to SEC filings, the Johnsons own 49% of Fidelity. The remaining 51% is split among 108 Fidelity executives. In August 2005, Abigail Johnson owned 24.5% of Fidelity and her father 12%. The remaining 12.5% of FMR was split between Abigail’s younger sister and brother (Elizabeth and Edward IV).

[Since that filing, Fidelity discloses only the total family ownership.] The more privately held something is, the less possible to research it.

The Johnsons also own about 80% of Boston-based Northern Neck Investors LLC, which has $2.2 billion in assets: http://www.investmentnews.com/articl...ty-fund-empire.

“The last part of this post about Fidelity really illustrates what happens when a small group of investment funds completely dominate the economy...”

Fidelity’s mutual funds manage $1.2 trillion in assets.

The Johnson family and higher Fidelity management also own Impresa Management, which runs partnerships and investments on F-Prime’s behalf. The Johnsons, with a small group of FMR executives, also invest in F-Prime Capital, the private venture capital arm of Fidelity.

Impresa oversees about $2.6 billion in assets, and “bets” on bio science and tech start-ups.

Here’s the trick… F-Prime regularly invests in companies before they’re brought to the stock markets (pre-IPO). Reuters analysed 10 pre-IPO investments by F-Prime since the beginning of 2013. In 6 of those cases, Fidelity’s mass mutual funds became (one of) the largest shareholders after the IPO, buying shares at much higher prices than F-Prime. This resulted in lower returns for Fidelity fund shareholders, and higher gains for F-Prime. These investments by Fidelity mutual funds have effectively propped up the values of F-Prime’s pre-IPO investments.

F-Prime Capital bought Ultragenyx pre-IPO shares for $3.55.

After the January 2014 IPO, Fidelity’s public funds purchased about 1.1 million Ultragenyx shares for an average stock price of $41.17 a share. Fidelity’s public funds didn’t gain 996% in this scheme (which was won by F-Prime).

What does insider trading mean ... See some of the most successful investments by F-Prime (Alibaba was even more “successful” with 6101% less gain for Fidelity’s public funds).

[The real winners in this were the “Private Holders,” not you the regular individual investor.]

To figure out who owns who and who has ultimate control, just take notice of which organization is the most private; as well as, which one seems to hold the most of each Investment Fund. Ownerships exist inside of ownerships.

Vanguard is the most private and as can be seen, owns huge portions of each investment fund.

This Corporate structure looks like a Pyramid; a primary purpose of this series on Corporate Chains of Custody is to “Map” the whole Corporate Syndicate. The easiest way to do this is to view the companies based on “sectors” of the economy; otherwise, this post will be way too long.

To Summarize; Blackrock, Vanguard, State Street and Fidelity currently are beneficial holders and control the following “Sectors.” However centralized, this is only “one face” of the whole picture and this is NOT a complete list, it is only there to illustrate. There is one more important piece to all this. At the very top of any pyramid, all the faces come together at a single point. Out of the four investment companies above, Vanguard alone appears to be a primary principal to the rest; being ultimately privately owned by it’s private investors. Yet, this is still not the top of the pyramid.

Giant Food Corps — Giant Grocery Corps — Restaurant Chains — Corporate Farming —Pharmaceutical Companies — Chemical Manufacturers — Defense Contractors — Auto Manufacturing — Textiles — Mining Companies — Construction — Educational Services — Finance and Insurance — Legacy Media Corporations — Entertainment Corporations — Social Media — Search Engines and Internet (incl. ICAN) — Cell Service Providers — Health Insurers

To reiterate: Vanguard is privately owned and controlled, it also owns large percentages of the other investment firms.

Bronfman-Rothschild, Inc.

For some time I’ve been investigating the Bronfman Crime Family, the article below is not too long once you read it, you will never forget the name Bronfman:

https://www.newsfromtheperimeter.com/home/2019/8/15/the-origins-of-the-mega-group-mafia

For those of you who want to check out the Ron Paul Forum, follow the link:

http://www.ronpaulforums.com/showthread.php?517340-BlackRock-Vanguard-State-Street-own-the-US/page2

Vanguard has no shareholders itself and is supposedly controlled by its investors (which reportedly include lots of pension funds)... [Possibly public sector ones for Federal Employees?]

I haven’t found any list of the largest investors in Vanguard, but I did find some interesting information on the Bronfman-Rothschild Corporation, in which the Bronfman family and Lynn Forester de Rothschild are directors.

Bronfman-Rothschild has invested $191.3 million in Vanguard funds https://www.holdingschannel.com/13f/...-top-holdings/

(archived here: http://archive.is/eQIxr)

$191 million sounds like a lot of money to a little guy like me, but Vanguard has invested literally trillions.

Bronfman-Rothschild is just one of many funds of the Rothschild crime syndicate.

Do you know where I can find more information on the "biggest" investors in Vanguard?

It would be very interesting to find out just how many Public Sector Pension Plans are managed exclusively by Vanguard. Imagine all the conflict of interest … er…. influence on the government employees. Blackrock does manage the TSP US Government Employee Pension plans, which means it is ultimately managed by Vanguard.

So if the four investment companies are beneficial holders of voting stock and ETFs of all corporations, who are the “Stock Owners?”

Depository Trust Corporation DTC and Cede & Co.

An introduction to the abstract system of “Trusts,” “Bonds” and “Securities”

Does DTC own all the stocks?

Depository Trust & Clearing Corporation owns all of the voting stock in DTC, which makes DTC a subsidiary of Depository Trust & Clearing Corporation. DTC is not the holder of record of the securities for which it manages the custody.

For a more thorough look, please read the article linked here:

WHO REALLY OWNS YOUR MONEY? Part One: The DTCC [ Depository Trust & Clearing Corp.] and CEDE [Nominee Name for Depository Trust Co.] do

This article was published in 2008 but is very accurate even for today.

http://fourwinds10.com/siterun_data/government/banking_and_taxation_irs_and_insurance/social_security/news.php?q=1237576173

Here are some basic points:

“The Depository Trust & Clearing Corporation is the biggest Bank in the World that you have probably never heard of. They happen to be the registered owners of 99% of all paper (stocks, bonds, securities, etc.). Scary, but true. And they have a perfectly good reason for it - with electronic trading, it is impossible to make timely changes to registered ownership of the paper.

The DTCC retains registered ownership while you as the peasant investor have the designation of beneficiary of the instruments. More on all of that below. First, lets see what the DTCC has to say about itself:”

DTCC, through its subsidiaries, provides clearing, settlement and information services for equities, corporate and municipal bonds, government and mortgage-backed securities, money market instruments and over-the-counter derivatives. In addition, DTCC is a leading processor of mutual funds and insurance transactions, linking funds and carriers with their distribution networks.

DTCC's depository provides custody and asset servicing for 3.5 million securities issues from the United States and 110 other countries and territories, valued at $40 trillion. In 2007, DTCC settled more than $1.86 quadrillion in securities transactions.

DTCC operates through six subsidiaries - each of which serves a specific segment and risk profile within the securities industry:

National Securities Clearing Corporation (NSCC)

The Depository Trust Company (DTC)

Fixed Income Clearing Corporation (FICC)

DTCC Deriv/SERV LLC

DTCC Solutions LLC

EuroCCP Ltd.

DTCC's customer base extends to thousands of companies within the global financial services industry. DTCC serves brokers, dealers, institutional investors, banks, trust companies, mutual fund companies, insurance carriers, hedge funds and other financial intermediaries - either directly or through correspondent relationships. Increasingly, DTCC's customers operate both in the U.S. and overseas, where DTCC continues to provide them with services.

In the U.S., DTCC provides critical services to the markets for U.S. Government and mortgage-backed securities, and to all U.S. equity marketplaces, including the New York Stock Exchange, The Nasdaq Stock Market, the American Stock Exchange, and regional U.S. markets, as well as electronic trading and communications networks (ECNs).

All services provided through the clearing corporations and depository are registered with and regulated by the U.S. Securities and Exchange Commission (SEC). The depository is also a member of the U.S. Federal Reserve System and a limited purpose trust company under New York State banking law.

The reason the public doesn't know about DTC is that they're a privately owned depository bank for institutional and brokerage firms only. They process all of their book entry settlement transactions. Jim McNeff said: "There's no need for the public to know about us... it's required by the Federal Reserve that DTC handle all transactions." The Federal Reserve Corporation, a/k/a The Federal Reserve System, is also a private company and is not an agency or department of our federal government, according to the 1998 Federal Registry. The Federal Reserve Board of Governors is listed, but they are not the owners. The Federal Reserve Board, headed by Mr. Alan Greenspan, is nothing more than a liaison advisory panel between the ‘owners’ and the Federal Government. The FED, as they are more commonly called, mandates that the DTC process every securities transaction in the US. It's no wonder that the DTC (including the Participants Trust Company, now the Mortgage-Backed Securities Division of the DTC) is owned by the same stockholders as the Federal Reserve System. In other words, the Depository Trust Company is really just a 'front' or a division of the Federal Reserve System.

““DTC is 35.1% owned by the New York Stock Exchange on behalf of the Exchange's members. It is operated by a separate management and has an independent board of directors. It is a limited purpose trust company and is a unit of the Federal Reserve." -New York Stock Exchange, Inc.

The banks and brokers are merely custodians for their clients. By federal law (SEC), they cannot hold any assets in the customer's name. The assets must be held in the name of DTC's holding company, CEDE & Co. That's how DTC has more than $19 trillion dollars of assets in trust... or is it really in "trust" if the private Federal Reserve System is technically holding it in their "unknown" entity's name?””

Simply put, the Depository Trust Company absolutely controls every paper asset transaction in the United States as well as the majority of overseas transactions, and they now physically hold (as of April 1999) 99% of all stock and bond book-entrys in their street name, not the actual owner's names.

REGISTERED HOLDER- A Registered Holder literally possesses, owns, and holds, his stock or bond with his name appearing on the face of the certificate. The company that issued the certificate has registered the owner's (holder's) name on their official books. This is the safest way to own a paper asset. You literally possess the fully registered certificate and only you can transfer or sell it. By all Rights and definition of law, you are the owner. You have it, you hold it, you possess it, and you keep it. You have the complete control over it.

BENEFICIAL OWNER- A Beneficial Owner is nothing more than a beneficiary, "One who is entitled to the benefit of a contract"- A Dictionary of Law, 1893. All book-entry stocks and bonds you purchase make you the beneficial owner, not the registered holder. The owner of a book-entry stock or bond is the entity or name that it is registered under.

Even the name of the shadow company that is the agent of who knows, possibly the IMF and The Bank of International Settlements according to this article: CEDE. Can you believe that. [CEDE. — It kills me.]

CEDE- definition: To surrender possession of, especially by treaty. See Synonyms at 'relinquish'." -American Heritage Dictionary of the English Language, 3rd Edition of 1992.

“A greater consideration is just exactly who does the DTC hold these securities for? As the owner, who has the DTC pledged these securities to? Research points to the Federal Reserve System, an international private banking cartel with major offices found in Basel Switzerland, Moscow, London, Tokyo, and Peking; whose primary Controlling Principal is The Bank of International Settlements (BIS). By treaty with the United Nations and in compliance with the Bretton Woods Agreement, (now defunct) the DTC under regulation of the Federal Reserve System has pledged all those stocks and bonds to the International Monetary Fund (IMF). These are the same paper securities found in your IRA and pension fund accounts, as well as in your brokerage account. Remember, you don't own them.... you're just a beneficiary.”

Anyone want to buy some “Stonks?”

So, the four major investment companies are NOT the ultimate owners. If the whole picture is arranged like a pyramid, Blackrock, Vanguard State Street and Fidelity are not on top; It is likely DTC and it’s private owners. Before we go unmasking the real owners of the fiat paper monetary system, there is one more thing that Cede & Co “Holds” and that is Birth Certificates. Yes, they are held as a Security and are also tied into the Federal Reserve Inc. It is extremely hard to nail down just exactly how this structure is laid out.

Here is a sample of an SEC Form 10-12G from the gov website:

https://www.sec.gov/Archives/edgar/data/1488240/000148824010000004/jawt_1012b.htm

Snap shot of the first page:

Birth Certificates; You’re Pledged by the Federal Government as Collateral

This is an article written by By Roger Sayles

https://sovereigntoserf.com/2015/02/22/birth-certificates-youre-pledged-by-the-federal-government-as-collateral/

I think this article above, is very well written and describes the Birth Certificate Bond / Trust arrangement well, putting it into historical context. Please check it out, I have commented on this topic dozens of times.

Below are two other articles that may explain it differently; please note, I do not endorse everything that is stated in the articles below, they do contain some parts of the truth. At some point, I will take a deep dive into each of these articles to explain what is true and what is false in a dedicated posting on this topic…. [..]

Here is what Firestarter had to say about DTC:

Why the DTC and subsidiary Cede & Co is important is because:

1) They are the legal owner of all of the stocks you can reference (investors only have a 'use title', not legal ownership title)
2) The basis of all value in stocks and all financial instruments are under custodial control of the DTC ("The Tower Of Power"). The basis? The birth registration documents of nearly every man, woman and child on the American land mass. The registrations turn people into legal slaves, hence why Fidelity's logo was the pyramid and capstone. Ancient bondage. [His opinion but likely the truth.]

CESTUI QUE VIE TRUST [There is no money in a B / C Bond]

https://areweallreallyeducated.com/the-cestui-que-vie-birth-certificate-trust/

Here is another article:

Birth Certificates are Federal Bank Notes [NOT]

https://www.linkedin.com/pulse/birth-certificates-federal-bank-notes-dr-paul-pharms-phd

I don’t fully agree about Birth Certificates being “Federal Bank Notes;” there are some points made in the linkedin article above that DO fit reality, I will leave it up to you what you want to believe. Remember, I don’t “believe” anything; I observe carefully. The biggest problems with this whole pseudo legal / pseudo financial empire: Lies are often carefully and neatly wrapped up in a blanket of truth; then conversely, truths can sometimes be hidden in a pile of lies.

Never use the term: “Sovereign Citizen” it is an oxymoron, you cannot be a Citizen and a Sovereign at the same time; Everyone is born a Natural Sovereign ONLY! Citizenship is a component of the pseudo legal structure that is associated with the Birth Certificate Bond; it does not confer anything other than “legal status,” your natural rights cannot be granted by government, they can only be recognized, or violated like they were with the PREP Act and EUA during Covid.

As an Important Caution:

I don’t recommend trying to make claims for “money” from a Birth Certificate trust / bond certificate. I would make it a point that the whole process involved in creating a corporate legal fiction on paper as a “straw man” is a form of fraud itself; perpetrated on all of us by an imposter governing entity, the Incorporated United States Government. [Lying to you Since 1871]

Fraud vitiates and it’s fruits are null and void once realized. Please remember what I’m constantly stating; every individual is equally Sovereign and Independent, you are not subject to Administrative Admiralty Law. PERIOD. You are NOT a “commercial activity.”

But wait… there is more — DTC and Land Titles

Here is an article that goes into some detail in regards to Allodial ownership. I realized that it seems to be really far off from where I started at the top of this post; but rest assured, EVERYTHING is actually connected. Land Titles are not that much different than Stonks; they are effectively paper titles, so they are in fact controlled by the DTCC just like ‘stocks’ and ETFs. There are centralized methods of control; everyone knows what a “Parcel” or a “Manor” is. How about water rights to the land, who actually owns those rights? To catch up to speed on this topic, please check out the article below:

What is Allodial Title? 11 Things (2023) You Must Know

https://gokcecapital.com/allodial-title/

To Summarize:

Allodium is land freely held. That is, land that is without obligation of service to any overlord. Sounds like the actual nature of “Sovereignty” right? Just as I have said before; there is nothing above you or below you, you naturally exist without obligation of service to any overlord. In fact, by the nature of Birth, there are no overlords in existence anywhere. No other human being out there can ever truly be your master.

As a little history:

Until the 18th century, land ownership rested in the ability of a claimant to trace their claim back to a royal charter or grant of title.

By the end of the 18th century, the feudal system was largely gone from Great Britain, replaced with the allodial system we know today characterized by fee simple ownership, land registries and property taxation. As a colony of England, the system of property ownership in the United States closely resembles that of Great Britain.

During the colonial period, all land in the territories could be traced back to a royal grant or charter.

Once the Revolutionary War ended these royal claims; land was converted to fee simple ownership.

As the United States grew in size, federal and state governments initially took over the role of landowner in newly acquired territories before ultimately distributing land to private individuals and entities through land grants or patents.

Today private ownership in much of the United States can be traced back to a government grant.

Does an Allodial system exist in the US today? Answer is both Yes and No

The United States does have an allodial system of property ownership. [It benefits the very few, who are major principals, most are multinationals living abroad.] This is to say land rights are not governed by feudal relationships and the right to own land as well as sell, exchange or lease it at will is enshrined in law. However, allodial title has also been defined as ownership free from all obligations or restrictions imposed by any government, entity or individual – i.e. “sovereign title”.

By this definition, no, there is no allodial title available to private individuals in the U.S. for US Citizens. [Note that Citizenship is a fiction at Law, not a living being.] By birth, every human being naturally holds absolute sovereign title.

This in my opinion is a HUGE violation against Individual Sovereigns, like you and me who are not a part of the Billionaire Club of Parasitic Elites.

This is because the land is subject to eminent domain by federal state and local governments. [Land was subjugated by an Illegal Law that enables “eminent domain.”]

[Government Supremacy is only ever able to exist because of the use of FORCE.]

Land is also subject to the imposition of taxes and land use regulations by state and/or local governments.

[The power to tax is the power to destroy]

It’s also worth noting that this definition states that allodial title comes with the right to govern the inhabitants of the land, and for this reason, only those lands held by a government entity or sovereign Native American tribe could be considered held in allodium.

Governance can only exist through consent of the governed; however, those who are Global Owners like the Billionaire Philanthropaths, Parasitic Vermin of Dragon Bloodline and Royalty known as the Order of the Garter, ARE private individuals and DO hold all Trusts in Allodium. They DO own their private property in Allodium and are not obligated to pay taxes on it. Yet, they have customized the pseudo legal structure of land ownership such that they take and enjoy the advantage of Allodial status by reducing ownership of land, titles, papers, patents and trusts; thus selling your limited title of ownership back to you like a license. DTC is the instrument they use to do it with. [Owners on grant deeds are still listed as “tenants.”]

Diagram above is courtesy of Bailiwick News; Kathrine Watt

(DTC is not shown here, but is tied directly to the Bank of International Settlements.)

Corporate Chains of Custody show that there are many different levels of this Hard Infiltration society has become accustomed to. The abuse has become so well accepted over the centuries; many people would even rise up to defend those abusers. Even though Stockholm Syndrome can become normalized, it is comforting to know that now unlike any other time before, so many people are waking up.

One of the biggest forms of abuse we have witnessed recently is the Covid lie. Lock Downs and Vaccine Mandates. Globalists are not done yet, since they presume to own each and every one of us, via the trickery of Birth Certificates, the next way to push fake supremacy on everyone will be to ratify the Plandemic Treaty of the WHO. This is meant to create “official culling powers” to be brought to bear against the general population.

Kathrine Watt describes in this slide deck, the complex nature of the pseudo legal warfare that was launched against the “Citizens” of western countries, see below:

https://bailiwicknewsarchives.files.wordpress.com/2023/06/2023.06.14-public-health-emergencies-are-camouflaged-power-grabs-slide-deck.pdf

Once any government has committed an act of war against it’s own citizens, there should be no reasonable expectation for there to be any further obedience. This is why it is so important for everyone to recognize their Natural Sovereign status.

Freedom is a natural property of Being; Recognizing Freedom must be Taught from an early age, the Practice of living it requires a Determined Individual.

Everyone has the True Legal Title of “Sovereign Regis” with Nature’s Law.

Stella of Neferhotep — Kha sekhem Ra

“Nishu em tau wei” — King of two lands. Everyone is individually a king because kingship is having balance between two aspects of the Sovereign Being: the physical world of “form” and the “formless” world of the spirit. (Inner Self) More closely translated Neferhotep means beautifully peaceful. That “balance” is considered beautiful, it is always a reflection from the inner self.