Ron Paul: Legalize and Untax Gold and Silver!
- Thread starter thatguy
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RomanControl
New Member
Whats ron paul doing back on the forum thatguy?
Is this really about silver?
Whats the point in legalising something that is already the law? Both in america and here. A better idea would be to try those governments breaking the law and passing unlawful legislation
Section 51 (xii) is a subsection of Section 51 of the Constitution of Australia that gives the Commonwealth Parliament the right to legislate with respect to "currency, coinage, and legal tender."
Generally, powers in section 51 of the Constitution of Australia can also be legislated on by the states, although Commonwealth law will prevail in cases of inconsistency. However, the currency power must be read in conjunction with other parts of the Constitution of Australia. Section 115 of the Constitution establishes "a state shall not coin money, nor make anything but gold or silver coin a legal tender in the payment of debts".
That is the law in Australia today. Are the socalled government breaking the law?
Do we need new laws or good courts?
Doesnt matter how many parliamentarians vote for a change to this law. Or what legislation they write to alter it. They simply dont have the power to do so.
Is this really about silver?
Whats the point in legalising something that is already the law? Both in america and here. A better idea would be to try those governments breaking the law and passing unlawful legislation
Section 51 (xii) is a subsection of Section 51 of the Constitution of Australia that gives the Commonwealth Parliament the right to legislate with respect to "currency, coinage, and legal tender."
Generally, powers in section 51 of the Constitution of Australia can also be legislated on by the states, although Commonwealth law will prevail in cases of inconsistency. However, the currency power must be read in conjunction with other parts of the Constitution of Australia. Section 115 of the Constitution establishes "a state shall not coin money, nor make anything but gold or silver coin a legal tender in the payment of debts".
That is the law in Australia today. Are the socalled government breaking the law?
Do we need new laws or good courts?
Doesnt matter how many parliamentarians vote for a change to this law. Or what legislation they write to alter it. They simply dont have the power to do so.
RomanControl
New Member
Actually that raises an interesting point in regards the ATO. Can you really make a profit in unlawful money?
Might be why they don't like people investing in precious metal coins, but want the sheep to buy bullion. Raises some interesting questions.
Might be why they don't like people investing in precious metal coins, but want the sheep to buy bullion. Raises some interesting questions.
RomanControl
New Member
Also for those confused between lawful and legal, the money law above gives a good example.
The constitution is the law and policies of parliaments are just that. And they must be consistent with the law.
Very rarely are though. So you simply don't obey them. More often than not , something that is illegal to do is in fact lawful to do.
Why would anyone in their right minds obey policies that don't benefit them , when they don't have to obey them? Particularly tax.
Fear and ignorance. But mainly fear.
The constitution is the law and policies of parliaments are just that. And they must be consistent with the law.
Very rarely are though. So you simply don't obey them. More often than not , something that is illegal to do is in fact lawful to do.
Why would anyone in their right minds obey policies that don't benefit them , when they don't have to obey them? Particularly tax.
Fear and ignorance. But mainly fear.
pmbug
Well-Known Member
RomanControl said:
HR 1098 holla!
It attempts to restore gold and silver as functional currency and not just money (or "tradition" as Bernanke calls it). The capital gains taxes and legal tender laws that force disadvantageous conversions to fiat paper are driving Gresham's law right now.
I understand this forum is Aussie-centric, but if the USA ever did follow through on this initiative, it would have huge repercussions around the globe.
:|
Yippe-Ki-Ya
New Member
Engelhard said:
Are you one of those majority of Americans just too dumb to vote for him??
RomanControl
New Member
Source:CentralPA's porn collection
Yippe-Ki-Ya
New Member
Engelhard said:
:lol:
Sargeant Argent
New Member
How you can be taxed on profits of real money gain as opposed to paper money loses is beyond me. If I keep my money in the bank shouldn't I get a rate of inflation tax rebaten as I've essentially suffered a loss?