""Attempts to undermine the legitimate currency of this country are simply a unique form of domestic terrorism," " They love using the terrorism card don't they.
"He's playing on a core idea of the radical right, that evil bankers in the Federal Reserve are ripping you off by controlling the money supply," said Mark Potok, spokesman for the Southern Poverty Law Center, a group that tracks political extremism. "He very much exists in the world of the anti-government patriot movement, whatever he may say. That's who his customers are." Great, now we are all political extremists.
soon, anyone will be a "terrorist" seriously, who was "terrorised" by this man? especially considering gold and silver are constitutional money the only ones who could feel terrorised are those that are threatened by anything used as money other that the fiat crookery It is frankly appalling and sad that the US has fallen to a new low I'm bullish on lawyers at this point and later on dobermen (especially on lawyers)
I agree wholeheartedly. unfortunately i believe that the UK and Australia will follow suite with similar draconian measures to persecute those trying to protect their assets. In a way they already do via the theft called CGT. But you aint seen nothin' yet in my view
U.S. Gold and Silver Eagles are now legal tender in Utah. Actually, they're legal tender in every state a 1-ounce Gold Eagle has a face value of $50 but "the intent would be to see where a gold or silver coin is valued at its market value instead of its face value," says State Rep. Brad Galvez, who introduced the bill. "This allows the people of Utah to protect their assets against what we're seeing in inflation and the devaluation of the dollar." From the 5 minute forecast today... Makes you think that the 'real' terrorists (governments) are getting increasingly worried... How would we get by without their comforting hand to hold us down?
Considering it promotes itself as home of the brave and land of the free, locking someone up because someone else is afraid of silver coins seems a bit un American, doesn't it?
What is unAmerican these days or unAustralian for that matter. Nothing surprised me anymore. Sad thing is, I bet this guy will be in jail longer than rapists and armed robbers...
anyone heard of delvalley silver ? they have their own silver tokens & bartering system going ....I think they might be next . There is 1 company on its list that offers 2 cheese steaks for half an ounce hahahah be nice to take the family out & drop an ounce on the way out
That is so wrong. A competing currency... I'm fairly sure in America you are allowed to use American coins...
Liberty Dollars were privately minted - they weren't "American" coins. One of the problems with this scheme was that it promoted itself as "real money" and encouraged people to attempt to spend Liberty Dollars *anywhere* rather than within a designated network of barter partners. I think that's what got up the government's nose - the website encouraged people to try and spend their Liberty Dollars everywhere as a "first offer" of payment. I was also dubious about the face value system - if they'd tried introducing a non-denominated token system in a network of participating businesses with "coins" circulating on a market value basis rather than at a face value exceeding the intrinsic value (I think they got up to $20 FV on a 1oz silver coin at the end when spot was below $20) they'd probably still be around. But what they did was sell you the coins at a discount to face, at x% over spot - so say spot was $16USD, they would sell you a $20 "Liberty Dollars" coin for $17.60, but encourage you to spend it as if it was $20.
It's more a case of fraud. The argument by the Govt is they were trying to make something that were then being passed of as a "dollar" which it wasnt. If they just had of called it a "Liberty Round" or something there wouldn't have been an issue.
Thats exactly right! Some pedophiles in the US have shorter and weaker sentences than those that violate their pharmaceutical drug prescriptions! F***ing insane!
That's what I've been thinking. He could have made it a lot more difficult for the Federals to prosecute him if he had been a little more clever with the verbage on his coins.
True. He should have called it something other than a dollar. It would be kinda neat to bring back the name of some other kind of monetary unit that's not used any more anyway - how about the American Guinea?
