I have to give credit to My Ill Will - this is actually the most coherently I've seen these ideas expressed before. Obviously, they are all wrong. I think the reason that they're normally not presented as coherently as MIW does here is that it makes it more obvious how wrong they are. Reading these posts, it's easy to say, Nope, Nope, Nope, Nope. Normally, reading this kind of tax protester nonsense, it's more like Huh?, What?, Nope, What?!
What gets me about this, though, is that it just doesn't pass a laugh test. We have a government that has turned into a bankrupt corporation, and decided to suspend the Constitution and enslave all of its citizens at birth. So far, so good. So, why would such a government then allow you to negate all of your debt and declare your own sovereignty simply by recognizing the value of proper capitalization and the application of the UCC, and some legal magic words? What is the United States, Rumpelstiltskin? A James Bond villain? Yes, the government is allowed to use you as collateral for the national debt without your permission, but they're not allowed to own gold, and they have to let you do whatever you want if you ask in just the right words. What? Come on, Dr. No, he's asleep - why not just shoot him now?
ETA:
P.S. It's already been said in this thread, but it can't be said too many times: do not do not do not behave as if any of these ideas were true. There is a very real possibility of prison.
That's the scary thing about this stuff. If it were just the parts about the UCC and the gold fringe and the straw man and the slavery, people might not try it in court because you would know you wouldn't get away with it. You could think - well, I could fight this, and I'd be right, but I'd lose. But the scary thing is, part of the myth is that you would win! And you wouldn't! I just have to hope that somewhere deep down, MIW doesn't believe that part. Because he might end up in prison if he does...