this post was submitted on 24 Nov 2024
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[–] [email protected] 3 points 2 months ago

The most valuable thing on that paper is their autograph; and that still lowers the value to less than a blank piece of paper.

[–] [email protected] 1 points 4 months ago (1 children)

How did they get approved for a mortgage?! How are they even employed?!?!?

[–] [email protected] 2 points 4 months ago

They might have gotten their approval before getting roped in, or they might have gotten it during the time before the financial meltdown when bankers had no incentive to ever deny a mortgage request.

[–] [email protected] 1 points 4 months ago (1 children)

It's just as nuts as any letter, but this is the most clear and understandable version of this I've yet seen. You can clearly identify what they believe that makes them think this will work: "all debts are the responsibility of the United States". This is the best version of this, with the fewest incantations, no spelling out grammatical errors (that I noticed; they're usually illegible).

It's quite nice, actually.

[–] [email protected] 1 points 4 months ago

I was really surprised to see that they had four points, in a row, with consistent formatting. I went back to double check because I was sure that it’d be missing point three or something. This SovCit is oddly competent.

[–] [email protected] 1 points 4 months ago* (last edited 4 months ago)

I'm beginning to see this as the corporate fiction that everybody is a legal scholar who can read 10,000 words per minute is having some blowback.

Edit: I hate propose a problem without a solution so I think the fix would be something like "the top 10 contracts used by businesses and households should just be legislated into standard contracts and taught in school as part of curriculum"

[–] [email protected] 0 points 4 months ago (1 children)

Even if this was the correct amount of payment in silver. Would that even work as a means of payment?

[–] [email protected] 0 points 4 months ago (1 children)

Any company can take barter for their services if they wanted to.

They'd have to be pretty dumb to take a normal quarter as barter worth a whole mortgage instead of 0.25$ though.

Generally barter relies on the good being a similar value, whereas sovcit logic tries to force them to take terrible barter through the magical contract system america is beholden to, because obviously an all-encompassing contractual indentured servitude will have easy cheat codes to break out and get paid while you do.

[–] [email protected] 1 points 4 months ago (1 children)

They are hoping some employee of the lender pockets the coin that they offered for discharge of the debt, thereby accepting the "offer".

[–] [email protected] 0 points 4 months ago (1 children)

I don't think that's the goal but if it is at least make it a $20 bill or something. 25 cents isn't enough of a bribe to get seated at a restaurant more quickly, much less erase hundreds of thousands of dollars in debt.

[–] [email protected] 1 points 4 months ago* (last edited 4 months ago)

The debt is in currency. The coin is not offered as a token of currency, but as a piece of silver. It's not being offered as a bribe.

"I'll give you this mystery box in exchange for discharge of all past debts I owed you". If you accept the mystery box, you cannot claim the debts. If the bank knowingly accepts and deposits the "silver coin" under these conditions, the debt would theoretically be discharged.

Of course, making an offer in this way is explicitly prohibited under postal regulations: The recipient is under no obligation to abide by the terms of such an offer, and is free to keep the coin without it constituting acceptance. The bank is under no obligation to return the coin.

[–] [email protected] 0 points 4 months ago (1 children)

a quarter is made of .9 oz of silver?

[–] [email protected] 0 points 4 months ago* (last edited 4 months ago) (2 children)

Nope lol. According to Wikipedia its nickle and copper:

Its current version is composed of two layers of cupronickel (75% copper, 25% nickel) clad on a core of pure copper.[2] With the cupronickel layers comprising 1/3 of total weight, the coin's overall composition is therefore 8.33% nickel, 91.67% copper. Its weight is 0.1823 troy oz. or 0.2000 avoirdupois oz. (5.670 grams).

Official US Mint description:
https://www.usmint.gov/learn/coins-and-medals/circulating-coins/quarter

[–] [email protected] 1 points 4 months ago (2 children)

To be fair, it could be a pre-1965 quarter. Those had silver in them. I don't think .9 oz, but maybe one year?

[–] [email protected] 1 points 4 months ago* (last edited 4 months ago)

Nah, these coins are minted for collection and investment purposes and are not meant to use as direct payment (although you can because they hold a nominal value). It doesn't make sense for any government to use material that is 100 times more expensive than the value they want to attach to it.

Sovcit just payed of $0.25 of their debt with a $28 coin because they are incredibly smart.

[–] [email protected] 1 points 4 months ago (1 children)

A silver dollar contains 0.9oz silver.

A silver quarter is 0.225oz.

[–] [email protected] 1 points 4 months ago

There you go, they're not even right if it's a silver quarter. Thanks.

[–] [email protected] 1 points 4 months ago* (last edited 4 months ago)

Quarters minted before 1964 are indeed 90% silver. However, the weight is way off from sovcit's testimony.

Edit: A word

[–] [email protected] 0 points 4 months ago (1 children)

The sovereign citizen movement can be described as a form of witchcraft. They are ceremonies that people have convinced themselves have some sort of effect if performed correctly.

[–] [email protected] 1 points 4 months ago (1 children)

They feel more like a cargo cult to me. They've seen procedural law dramas and think that by doing the sorts of things people do on those shows they can arrive at the resolution they want.

[–] [email protected] 1 points 4 months ago

What is a cargo cult if not a form of ceremonial magic?