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4 Kurt Buckethead Pennywise
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FIAT CURRENCY OR COMMODITY MONEY
Feds Arrest the Competition
The FBI has arrested Bernard von Nothaus and three associates for minting and selling one-ounce silver medallions called the Liberty Dollar, and describing them as money. This operation was first disrupted during the Ron Paul presidential campaign, and that was no coincidence, since they were minting Ron Paul copper, silver, and gold medallions, and that was the subject of much mainstream media publicity.
As the DOJ press release puts it, all four defendants are charged with “conspiracy and other charges in connection with an alleged unlawful operation to publish, possess and sell for profit, coins in resemblance and similitude to U.S. coins. All four defendants are also charged in the alleged conspiracy with uttering and passing, and attempting to utter and pass, a coin of silver in resemblance of genuine coins of the United States in the denominations of five dollars and greater, and intended for use as current money.”
Oh sure, we are likely to mistake an ounce of silver for the tin junk uttered and passed by the U.S. Mint. The actual charge the feds care about is at the end, that the Liberty Dollar is “intended for use as current money,” in direct competition with the state. Should someone be allowed to mint whatever he wants, charge whatever he wants, and try to pass it as money? Of course, so long as no fraud is involved (fraud being a government monopoly). So it is an outrage that these four people have been arrested for non-crimes, and will be tried in a federal kangaroo court, where they will not be allowed to mention the Constitution or many other things, and perhaps be put in cages for years when they are pronounced “guilty.”
(lewrockwell.com 6/5/09)
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REAL MONEY MATTERS
America has an inflation proof currency: The Liberty Dollar
Remember when gas was only 25 cents a gallon? You could buy four gallons for a buck! At that time, our dollar was backed by silver. Guess what? That same amount of silver still buys four gallons of gas today! That proves that real money, like gold and silver, holds its value and the U.S. dollar is now worth a lot less. As a matter of fact, when you think about it, gas, food, and almost everything else has NOT gotten more expensive. It only seems that way because the value of the U.S. dollar is worth less and less and so it takes more and more of it to buy the same goods and services. Most people think prices have gone up, but in reality, it is the value of the U.S. dollar that has actually gone down.
Now you have a clear choice of money. Are you ready to grow and protect your money or will you continue to lose your purchasing power as the U.S. dollar depreciates? Just as FedEx® brought choice to the U.S. Post Office, the Liberty Dollar brings choice to the U.S. dollar and protection for your purchasing power. The Liberty Dollar is 100% inflation proof. It is real gold and silver money that you can use just like cash wherever it is accepted.
Holding real silver money is a thrill. Share that thrill everywhere you shop. When you are making a purchase, ask the cashier, “Would you like plastic, paper or silver?” Then reach out and drop the Liberty Dollar in the cashier’s hand. Join the fun by simply offering the Liberty Dollar for all your goods and services. Currently the Liberty Dollar has a nominal face value of $20. Every 2009 Silver Liberty contains one Troy ounce of pure .999 fine silver and is minted in brilliant uncirculated condition.
More info at: LibertyDollar.org
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HARDCOVER
A serious economic debate: Ron Paul challenges the role of the Federal Reserve
Most people think of the Fed as an indispensable institution without which the country's economy could not properly function. But in END THE FED, Ron Paul draws on American history, economics, and fascinating stories from his own long political life to argue that the Fed is both corrupt and unconstitutional. It is inflating currency today at nearly a Weimar or Zimbabwe level, a practice that threatens to put us into an inflationary depression where $100 bills are worthless. Congressman Paul's urgent appeal to all citizens and officials tells us where we went wrong and what we need to do fix America's economic policy for future generations. Judge Andrew Napolitano calls Ron Paul "the Thomas Jefferson of our day."
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GREENBACK
Counterfeiting 24/365: The Meaning of Quantitative Easing
It's the latest propaganda from the U.S. government. The implied proposition that "something" is being eased that is currently "tight" or "restricted," which makes it sound as if something positive and good is being accomplished. What is actually going on, however, is a form of seizure and taxation caused by flooding the market with newly printed dollars. "Quantitative easing" is another modern euphemism that disguises the use of brute force. Even the term "inflation," which is what quantitative easing is, fails to capture the human impact of such government acts that invade life, liberty, and property. The results cannot be good if society sets up a body with power to inject purchasing power if, when, and as it pleases and to whom it pleases.
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Justice
4 Kurt
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Pennywise
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