As an European, I am almost always confused when reading posts like this. Can someone explain what is ucc1 and private trust?
A UCC-1 is a form that acts as kind of a public declaration that you've loaned someone money or property and they're indebted to you. It helps establish the relative priority of creditors in complex financial situations, and serves as a public record of liens on the collateral of loans. Something like that, I'm not an expert.
But it's just a public record of a debt, basically. That debt has to actually exist, though, for the form to have any meaning. These guys have all convinced each other that just by saying they're a creditor to the government or whoever via this form, that they can make it come true, and thereby conjure money or ownership rights out of nowhere.
As an American, we don't know either because this SovCit stuff is all gibberish. They believe in magic words.
The post appears to be from a “sovereign citizen”. It’s a rabbit hole of crazy where people think that the government is illegitimate and that the government also has private accounts “trusts” in everyone’s name, and something about it being in all capital letters is significant somehow? Then there’s all the arcane beliefs that they don’t have to pay taxes and they call their cars “conveyances” which somehow makes them immune to the laws about license and registration.
I’m not doing it justice, but it is people who think they aren’t subject to any laws and believe there’s a secret rule book that if you follow makes magic happen.
Thusly
It's amazing how many of these people want to get out of being parents.
I think it's more likely that this person believes they are somehow shielding their children from the government in some fashion. But I may be overly generous here. Who knows.
