http://le.utah.gov/~2011/bills/hbillint/hb0317s01.htm The state of Utah passed a Legal Tender Act earlier this year authorizing the use of federally minted gold and silver coins as money in the state of Utah. Now, legislators in other states, many of whom attended the Monetary Summit, are evaluating similar legislation. Among other things, this means the United States is approaching a Constitutional crisis because states are beginning to financially break away from the federal government. This is no less serious than the American War of Independence or the War Between the States. The Utah Monetary Declaration (below) is a financial declaration of independence whereby states are beginning to opt out of the Federal Reserve System. A major confrontation seems inevitable. The issues underlying this historic development include: 1. The unsound condition of large U.S. banks, which have inaccurate and crumbling balance sheets along with $250 trillion in high-risk OTC derivatives contracts; 2. The unstable nature of the U.S. and world financial systems, characterized by unworkable levels of sovereign debt and private debt and by over $600 trillion in OTC derivatives liabilities; 3. The excessive levels of federal government debt and unfunded liabilities combined with falling federal tax revenues prior to the start of the double-dip recession that began in the second half of 2011; 4. The radically inflationary monetary policies of the federal government and of the Federal Reserve, which promise high inflation or hyperinflation in the future; 5. The worsening condition of the real U.S. economy outside of large banks, multinational corporations, and Wall Street firms, where federal government bailouts and Federal Reserve monetary easing (money printing) transfer wealth from proverbial Main Street to literal Wall Street; 6. The rapidly escalating polarization of the distribution of wealth, which threatens not only the economic stability of the United States but also its social and political stability; and 7. The current, highly inflationary monetary system is plainly unfair and fundamentally immoral.
It was a great day for common sense when that act was birthed. Everyone around the world complains about the Americans,but i truly believe they are the Worlds only hope left for true Democracy to be reborn. Their Declaration of independence is a remarkably inspiring piece of Literary work. One can only hope! REDBACK
They need to return to those values.... "I believe that banking institutions are more dangerous to our liberties than standing armies. If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around [the banks] will deprive the people of all property until their children wake-up homeless on the continent their fathers conquered. The issuing power should be taken from the banks and restored to the people, to whom it properly belongs." Thomas Jefferson, (Attributed) 3rd president of US (1743 - 1826)
Yes beautiful quote,agree about returning to their founding valuesAnd thats were my hope lies. REDBACK
That is almost like hoping the day won't end. Hope all you like but the night still comes! Haha... But yeah the Us consitution and declaration are beautiful things. Utah has a very interesting history... Being founded by Mormons who were ejected from every US state they settled in and having an extermination order placed on them in Missouri (yes, you could legally shoot them until the law was revoked in th 1970-80's) they fled the city Nauvoo in Illinois and resettled in the rocky mountains of Mexican territory in one of the largest mass resettlements in US history. Once they arrived they were still unsafe from provocation and the US army was sent to battle against the newly formed province... Utah/Mormons has a history of government/militia/mob violence and oppression and have learnt self reliance and preparation through their own experience! Good on them for trying to keep their state afloat.
^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^ + 10000000 That is one of the most powerful quotes i have ever heard! Jefferson and the founding fathers certainly were very wise men - which explains why the US Constitution is such a bastion of libertarianism. Well worth fighting for... GO RON PAUL!!!
Amazing looking back at how insightful the old dudes were. "Government, even in its best state, is but a necessary evil; in its worst state, an intolerable one." -- Thomas Paine "It has been said that democracy is the worst form of government except all the others that have been tried." Winston Churchill "A democracy is nothing more than mob rule, where fifty-one percent of the people may take away the rights of the other forty-nine." Thomas Jefferson
"There was never a good war, or a bad peace." -Benjamin Franklin "They who can give up essential liberty to obtain a little temporary safety deserve neither liberty nor safety. " -Benjamin Franklin "All wars are follies, very expensive and very mischievous ones." -Benjamin Franklin
Yeah things sure have changed, remember when we had 8 years of beauty quotes like these. Well at least Bush could make you laugh! "Families is where our nation finds hope, where wings take dream." LaCrosse, Wis "I know the human being and fish can coexist peacefully." Saginaw, Mich., Sept. 29, 2000 "Too many good docs are getting out of the business. Too many OB-GYNs aren't able to practice their love with women all across this country." Poplar Bluff, Mo., Sept. 6, 2004 "Our enemies are innovative and resourceful, and so are we. They never stop thinking about new ways to harm our country and our people, and neither do we." Washington, D.C., Aug. 5, 2004
On a side bar i like these Friendly fire~When was it ever? Tracer rounds work both ways. Point towards the enemy~Inscription on a Rocket launcher Too much xbox last night!!
On the off-chance Bush was wrong, I'd like to state now that I, for one, welcome our new fishy overlords.
Murphy's Laws of Military Combat, 2002 Edition Actual Inscription from M18 Claymore Munition: ""FRONT TOWARD ENEMY" The M18 is a directional kinetic munition; if you on the 'safe' side of the munition when it is detonated you can get away relatively unscathed. http://en.wikipedia.org/wiki/File:Claymore_Recon_placement.jpg Source: USMC - image hosted on wikipedia
Resurrecting old thread as it relates to other new ones. http://www.nytimes.com/2011/05/30/us/30gold.html?pagewanted=all&_r=0
A good necro-thread revival there bordsilver, because I didn't even know the initial story. So some people might be moving to Utah then? I wonder if it matters which state tou bought your PMs in, to whether you avoid state-imposed capital gains? Otherwise it could just become a PMs trading hub?