It represents maritime law and the British. We were bankrupted by the Civil War which was intended by the international banksters. The Act of 1871 turned us into a corporation and the 14th Amendment made us all their debt slaves.
We came out of a bankruptcy in 1999 so they had the miscount with Gore and Bush last for 90 days because they had to legally give someone the chance to challenge their right to to president as they work for the banksters and not for us. There is a lot going on behind our backs that we may never know about.
The recent summit with Trump and Putin in Helsinki there was no fringe on the flag. ?? A lot of us were wondering why. I have to go back and look at other footage of past summits and meeting and see. Sorry for the late response. : )