LB Bork wrote on Mar 11th, 2010 at 6:51pm:This one seems to get it:
"Shorthand refutations:
The "all caps" name: So what. Nothing in any case or in the UCC or any other statute creates a "straw man" or nominee or fictitious person if the human being's name is printed in all capital letters. The refutation is show me the law, the case, etc., where this worked.
The UCC liens: These folks frequently file UCC-1's creating a secured creditor relationship between the human (Large and lower case spelling) and the strawman (all caps). First, a naked UCC-1 creates nothing; there must be another document called a security agreement; then value must be advance and the debtor must receive possession of the collateral before a UCC-1 perfects a lien. Since the all caps and upper and lower case persons are the same (see above), then even if all of the steps are talken, the doctrine of merger applies and the lien is subsumed into ownership and no longer exists. The doctrine of merger, which says you can't take a lien on stuff you own, applies in all states and the District of Columbia.
UCC signtures: All rights reserved, etc. These can be used, but if there are no rights nothing is reserved. Also, a signature ordinarily does not release rights unless it is a signature on a release document.
UCC negotiable instrument law: The gurus always get this wrong. Art. 3 is fairly complicated but in concept is simple: it creates a statute to control the use of promises to pay, which are called "notes," but only applies to those promises that meet the definition of "negotiable instrument." A negotiable instrument is, among other things, a written and unconditional promise to pay a sum certain (e.g., princ. plus interest) either on demand or on a date certain, in currency or specie as set out in the note.
Redemption often focuses on some alleged Treasury Account that all Americans own; there is no such thing.
Redemption often focues on some sort of argument about whether Federal Reserve Notes are money. They are.
Redemption theory makes no sense -- it is illogical.
Redemption theory sometimes focuses upon the bankruptcy of the US. The US is not in a bankruptcy proceeding, since there is nothing in title 11 that would let the US file absent, at the very least, enabling legislation from Congress. Bankruptcy is governed solely by federal law (see the US Const.). Therefore, without enabling legislation, title 11, chapter 9 will not admit the US or one of its wholly owned corporate entitites like the USPS.
I could go on and on, but I find redemption and the UCC as promulgated on the net too hard to understand and too stupid to follow."
