I've obviously touched a nerve.
All truth passes through three stages. First, it is ridiculed. Second, it is violently opposed. Third, it is accepted as being self-evident.
German philosopher (1788 - 1860)
The fact is there is a "theory" floating around the Freeman movement which is absolutely crazy, yet it is promoted as "the hot new solution." This new theory has its origins with a fellow named Roger Elvick, who has been involved with some con jobs in the past; see Bye v. Mack, 519 N.W.2d 302 (N.D. 1994). Roger Elvick was years ago "into" the idea of sending forms 1099 to the IRS for its agents who stole your constitutional rights. This was a part of his "redemption process" back then and if you wish to learn about what happened to one party who followed Elvick's advice, read United States v. Wiley, 979 F.2d 365 (5th Cir. 1992). Many others who followed Elvick's advice also went to jail; see United States v. Dykstra, 991 F.2d 450, 453 (8th Cir. 1994)("He voluntarily made the decision to purchase and use Roger Elvick's 'redemption program,' and he admitted that he did not pay any of the purported recipients any of the amounts reflected on the 1099 Forms. Because he knew he never paid the individuals, he could not have believed that the forms, which he signed under penalties of perjury, were in fact true and correct. The evidence also established that appellant acted corruptly in pursuing the retaliation scheme, in violation of 26 U.S.C. Sec. 7212(a)"). Roger was convicted for this activity; see United States v. Lorenzo, 995 F.2d 1448 (9th Cir. 1993). See also United States v. Hildrebrandt, 961 F.2d 116 (8th Cir. 1992); United States v. Rosnow, 977 F.2d 399 (8th Cir. 1992); United States v. Anderson, 353 F.3d 490 (6th Cir. 2003); and United States v. Salman, 05-10093 (9th Cir. 7-7-2008), for other Elvick victims.
While there, Roger developed this new argument. In essence, he contends that everyone's birth certificate constitutes ownership in "America, Inc." and we all have stock in this corporation, which stock is represented by these birth certificates (see Lodi v. Lodi, 173 Cal.App.3d 628, 219 Cal.Rptr. 116 (1985), where similar arguments were rejected; and Dose v. United States, 86 U.S.T.C. ¶ 9773 (N.D.Iowa 1986)("Petitioner * * * informs the Court of [his] 'notorious recission of [his] social security number' and recission of his birth certificate, which documents had previously made him a 'member of Corporate America (commune)' converting him into 'a slave of the commune subject to the regulation and control of the Federal Government' * * * the fact that Dose has attempted to rescind his social security number and birth certificate by sworn affidavit is irrelevant * * *")). According to Roger, the big banks and other financial institutions regularly trade in these birth certificates, buying and selling them to others. Of course according to this new argument, you can do the same thing.
From here, the argument goes down hill and becomes even more bizarre. I know precisely what are the major features of this argument because I have read the course material and even viewed a video tape of one meeting where this issue was discussed; this contention is utterly crazy. However, many people are studying this new issue and even issuing "sight drafts" based on this argument. But the promoters of this argument like Elvick, Wally Peterson, Ron Knutt and Dave DeReimer are really selling federal indictments. You are free to "buy into" this scheme, but be ready to face criminal charges, the maximum term of imprisonment of which is 25 years.
Economic texts and a wide variety of other materials plainly demonstrate the manner by which credit ("money") is created in this country: a bank (or central bank like the Fed) extends credit in exchange for the receipt of some note or other financial obligation made by either a private party or government. At the federal level, the Federal Reserve extends credit to the U.S. Treasury simply by book keeping entry made in favor of the United States when the Fed buys obligations of the United States. In contrast, a birth certificate is not a note or other debt instrument, contrary to what Roger Elvick, Ron Knutt, Wally Peterson or idiots like Dave DeReimer may contend. Simply stated, a birth certificate is not a note, bond or other financial obligation, and it is not sold to financial institutions, contrary to the blatant lies of the "liaryer" promoters of this argument. In short, the birth certificate is not the foundation for the credit used as money today.
The "redemption process" is one of the craziest arguments I have ever seen arise within this movement. Yet, people blindly accept this argument without question or investigation.