Tuesday, June 25, 2013
The bonding of statutes which require natural persons (non-incorporated persons) to purchase insurance, must be very carefully analyzed, and be regarded with the utmost caution. As a general rule, it is against the law for any entity to compel any citizen to pay any wager or premium for the privilege of not being injured or for the privilege of not being threatened with injury (Protection Insurance Racketeering). [Footnote: U.S. R.I.C.O. Laws]
Corporations may be required by the state in which they are incorporated, to purchase public hazard insurance because the corporation, being an artificial/paper person (a legal fiction), is regarded as having no conscience other than the state, making the state as a silent partner of the corporation, financially responsible for the acts of the corporation. (That which the liege-lord giveth, the liege-lord taketh away.) When the benefit which the state gives to the corporation is limited liability, which is a limited commercial responsibility to the commercial public, to a reasonable extent, then the state must protect the commercial public to a reasonable extent from a potential lack of commercial responsibility of the corporation or from a tendency toward a potential lack of commercial responsibility of the corporation, by requiring the corporation to purchase hazard bonding. This requirement protects the public from some losses, and protects the state from some civil liability, by a showing of commercial good faith action.
Compulsory Motor Vehicle Insurance
Citizens are required to surrender the ultimate title of ownership of their motor vehicles (the manufacturer's statement of origin/MSO) to their respective states in exchange for a certificate of title of ownership and license plates. The state owns the vehicle because it hold the ultimate title to the motor vehicle. The citizen has the permission to use the vehicle. The permission can be revoked at any time by the state.
[Tennessee Department of Revenue Operations Supervisor, Denise Rottero, before Judge Greer. She explained Tennessee's auto registration process.]
The vehicle can be seized and auctioned off to provide revenue for the state. For example, the state of Oregon seizes and auctions citizens' motor vehicles as a penalty for soliciting a prostitute; proving that the auto belongs to the state.
Because the state has the ultimate ownership of all of the vehicles used by all of its citizens, the state also has the ultimate liability for all accidents in which those vehicles become involved. This is a potential reason for the state to compel citizens to purchase motor vehicle insurance. Another reason is obvious. The state is a silent partner in every insurance corporation incorporated in that state, and so, many of the insurance companies within the state are mere alter egos or "second selves" of the state. In this insurance scheme the state makes it mandatory for the citizen to buy a product which the state is selling. The individual state will get part of the insurance business; the interstate insurance companies, regulated by the United States Securities and Exchange Commission, will get the remainder of the insurance business.
Also, states need civil malpractice insurance. This sort of insurance comes from "above", from interstate insurance companies and international maritime insurance companies such as Rothschild, so, some states prostitute their legislative power as an inducement to get insurance companies to give them a better payment rate for their own malpractice insurance coverage premiums for their own corporate activities, by compelling citizens to purchase motor vehicle insurance.
In any compulsory motor vehicle insurance scheme, a citizen's purchase of motor vehicle insurance is guaranteed by a threat of injury in the form of a suspension of the driver's license, seizure of the vehicle, fines and imprisonment if the citizen does not comply with the state's mandate. This creates the basic fabric of a protection insurance racket, hence a very real credibility problem for insurance and bonding companies.
The bonding problem gets really nasty when a judge compels a citizen to either buy auto insurance or to quite driving "his" (the "citizen's") car. Because a bond or insurance is only a promise to pay and not a tangible product, a citizen can lawfully and rightfully argue that, like a savings and loan or a bank, an insurance bonding/bonding company might not be around when damage is done and it is time for a claim payoff. Therefore the citizen can lawfully guarantee the auto insurance policy by putting a common law lien on enough of the property of the law enforcement officer and the judge to cover the face value of the insurance policy.
"This commercial lien cannot be removed."
"A federal R.I.C.O. action against the enforcement officer and the judge can also compel them to pay all of the premiums for all of the persons whom they have compelled to buy insurance."
The voluntary purchasing of motor vehicle insurance is smart. It is a good investment. But compulsory purchase of any sort of insurance in order to continue the daily act of living is protection insurance racketeering. Any bonding company which bonds compulsory motor vehicle insurance statutes is going to have big unresolvable problems, and any officer or judge who enforces compulsory motor vehicle insurance statutes is laying himself wide open to economic ruin.