The Pre Sentencing Report recommends 78 months in prison.
The government is asking for 97 months.
Buhtz' attorney is asking for probation.
Buhtz' rationale:
To focus on deterrence, the government may be inclined request a harsh sentence for Mr. Buhtz with the intent of sending a message to other people regarding this kind of conduct. The government’s ambition is misguided. Many of the persons who have followed this case through the independent press are sympathetic to Mr. Buhtz and highly suspicious of the government.
Rather than viewing this case as an ordinary example of crime and punishment, such persons are likely to see this case a story of government persecution. A harsh sentence for Mr. Buhtz will turn him into a public martyr. Moreover, many people will conclude that he must have been onto something big or else the government would not have locked him away.
Rather than having a deterrent effect, sentencing Mr. Buhtz to prison will probably inspire others to pursue and present bills of exchange. Detracting further from the deterrent effect is that
unlike Rebecca Shollenburg, Steven Kelton and Richard Acuilla, for whom the government did not request a prison sentence, Mr. Buhtz was never either charged with or convicted of actually presenting a bill of exchange. To the extent that the government will launch a message by sending only Mr. Buhtz to prison, that message will say, “we don’t mind very much if you attempt to pass a bill of exchange, just don’t talk about them with other people.”
Even observers who would never be inclined to believe in the Redemption theory will receive the message that nowadays speech is far more punishable than action.