this post was submitted on 24 Nov 2024
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[–] [email protected] 72 points 3 weeks ago (4 children)

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

[–] [email protected] 56 points 3 weeks 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] 22 points 3 weeks ago (1 children)
[–] [email protected] 35 points 3 weeks ago (1 children)
[–] [email protected] 7 points 3 weeks ago (1 children)

Even with the crayons in it?

[–] [email protected] 6 points 3 weeks ago
[–] [email protected] 14 points 3 weeks ago (1 children)

They got approved before the brain injury that made all this horseshit seem logical.

[–] [email protected] 7 points 3 weeks ago

My guess is pre COVID.

[–] [email protected] 2 points 3 weeks ago* (last edited 3 weeks ago) (1 children)

Why do you assume they are employed?

[–] [email protected] 2 points 3 weeks ago

To have a mortgage the must have had income. If they no longer has income it's unlikely they'd still have a mortgage and the mortgaged house.

So, in order to even be attempting this bullshit they are either still earning income, probably through employment, or have only just lost that income and opted for a sovcit hail Mary.

[–] [email protected] 48 points 3 weeks 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] 23 points 3 weeks 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] 43 points 3 weeks 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] 29 points 3 weeks 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] 4 points 3 weeks ago (1 children)

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

[–] [email protected] 3 points 3 weeks ago

That's a very fair point.

[–] [email protected] 27 points 3 weeks ago (4 children)

a quarter is made of .9 oz of silver?

[–] [email protected] 37 points 3 weeks ago* (last edited 3 weeks 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] 40 points 3 weeks ago* (last edited 3 weeks ago)

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

Edit: A word

[–] [email protected] 17 points 3 weeks 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] 18 points 3 weeks ago (1 children)

A silver dollar contains 0.9oz silver.

A silver quarter is 0.225oz.

[–] [email protected] 13 points 3 weeks ago

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

[–] [email protected] 9 points 3 weeks ago* (last edited 3 weeks ago) (1 children)

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] 14 points 3 weeks ago (1 children)

That's exactly why they stopped minting silver coins in the 1960s though. Because they started being worth more in silver than their value. Still true about pennies, I think.

[–] [email protected] 4 points 3 weeks ago* (last edited 3 weeks ago) (1 children)

There were actual coins made out of silver that are not considered bullion coins like Morgan Silver Dollar or the Peace Silver Dollar. Those were made for everyday use and they contained around 0.75 troy ounces of pure silver.

This leads me to believe that the 0.9 troy ounce coin is some sort of special minting because that would be a pretty heavy coin for such a low value (around 28g). But maybe times were just different back when the gold standard was still in effect, idk.

I'll have to admit that I base my thought process almost entirely on my recent discovery that I actually possess a valuable coin and the bit of background reading after that discovery.

[–] [email protected] 3 points 3 weeks ago

I'm pretty sure that the quarters weren't that pure, I don't know. I do know people were melting them down (or at least were suspected of melting them down, I don't know if they actually were), so they changed the composition. My grandfather collected coins and I sort of vaguely remember all of this from him.

I do have a ton of silver dimes and quarters in a drawer though. I should probably just sell them because I was keeping them around as a 'just in case' thing but the value of silver is not exactly shooting up and I really don't care about coin collecting beyond the design of coins in various countries being interesting from an artistic sense.

[–] [email protected] 10 points 3 weeks ago

Quarters minted before 1964 are 90% silver, but even then the total weight is 0.1808 troy ounces per quarter. A quarter would have to be over five times as large in order to be composed of .9 oz of silver.

Now if sovcit wanted to do the bank right(!) here, he'd attach a .999 troy oz silver coin, such as a US Silver Eagle, which would set sovcit back about $40 or so. Postage would increase, if sovcits pay postage, because the envelope would need to be padded and the increased weight of the coin versus the quarter would increase rates. I did not do the math on that - someone else can.

[–] [email protected] 8 points 3 weeks ago* (last edited 3 weeks ago)

No, no, you gotta think sovict.

Its a coin, that is silver in color, i.e a "silver coin," that is .9 0z.

[–] [email protected] 4 points 3 weeks ago* (last edited 3 weeks ago) (1 children)

No, what the sovcit attached is called a bullion coin. They usually have a nominal value, so they are official legal tender and you can pay with them in a store, but their actual worth is basically the price of the precious metal they are minted from (+collector's value for some coins) which is usually much higher. 0.9 troy ounces of pure silver are around $28.

It is the coin holder's duty to liquidate the coin before payment, so the sovcit basically just scammed themselves and gave their coin away for the nominal value (although it will likely be returned as this letter will not be accepted for obvious reasons).

[–] [email protected] 3 points 3 weeks ago

That’s not a bullion coin, it’s just a pre-64 quarter. It’s about $20 in silver, depending on spot price.

I collect coins, not silver, and these are not special in any way. I sell them for melt value to buy better coins.

[–] [email protected] 19 points 3 weeks ago

This incantation will fail because they didn't correctly refer to the coin as a ".9 troy ounce silver coin" every time. Also, they didn't affix it with genuine horse glue.

[–] [email protected] 13 points 3 weeks ago

Is this a new Magic The Gathering mechanic? Affidavit of Truth sounds a little redundant but ok.

[–] [email protected] 11 points 3 weeks ago (1 children)

Nah this one has to be a troll, there were no spelling errors lmao.

[–] [email protected] 4 points 3 weeks ago

Debt* not dept.

[–] [email protected] 10 points 3 weeks ago* (last edited 3 weeks 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] 8 points 3 weeks ago

Affidavit of Truth give me legal insight beyond that law!

[–] [email protected] 5 points 3 weeks ago

🧠🧠🧠

[–] [email protected] 3 points 3 weeks 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] 15 points 3 weeks 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] 2 points 3 weeks 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] 2 points 3 weeks 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] 5 points 3 weeks ago* (last edited 3 weeks 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] 1 points 3 weeks ago

How does two 10oz silver coins equal one .9oz coin equal one US quarter?