Reserve. Term ends 2020.2) Donald L. Kohn: Vice Chairman of the Board
of Governors of Federal Reserve. Term ends 2016.3) Randall S.
Kroszner: Member of Board of Governors of Federal Reserve.4) Frederic
S. Mishkin: Member of Board of Governors of Federal Reserve. Term ends
2014.5) Alan Greenspan: Advisor to Board of Governors of Federal
Reserve
On Mar 21, 11:49 am, Jonathan Ashley <jonathanashle...@lavabit.com>
wrote:
> Sovereign Man
> Notes from the Field
>
> Date: March 21, 2011
> Reporting From: Denver, Colorado, USA
>
> The United States Department of Justice delivered a very clear and
> unfortunate message on Friday:
>
> "Attempts to undermine the legitimate currency of this country are
> simply a unique form of domestic terrorism. While these forms of
> anti-government activities do not involve violence, they are every bit
> as insidious and represent a clear and present danger to the economic
> stability of this country."
>
> These remarks were released by the US Attorney's office in the western
> district of North Carolina following the conviction of one Bernard von
> NotHaus, the creator of the ill-fated Liberty Dollar.
>
> As you likely recall from a few years ago, Liberty Dollars were
> privately minted gold and silver rounds. Paper certificates, akin to
> warehouse receipts were also issued, effectively giving the bearer a
> right to claim a certain amount of gold or silver at the group's
> warehouse in Coeur d'Alene, Idaho.
>
> This is traditionally how the system of money used to function--
> precious metals would be stored in private, secure storage facilities,
> and paper certificates were issued as a medium of exchange that entitled
> the bearer to redeem metal from the vault. Liberty Dollars represented
> a return to that system.
>
> Clearly, the Justice Department feels otherwise... instead viewing these
> silver rounds as an attempt by terrorists to undermine the US dollar.
>
> Interesting choice of words. Undermine? "verb [transitive]. to erode
> the base or foundation of something. to damage or weaken, especially
> gradually. "
>
> Funny, this sounds a lot more like quantitative easing than anything
> else. Ben Bernanke, in creating trillions of new dollars and debasing
> the value thereof, is guilty of the same insidious acts, and similarly,
> he represents a clear and present danger to the economic stability of
> the United States.
>
> Somehow, though, I doubt that Homeland Security chief Janet Napolitano
> or Attorney General Eric Holder will end up labeling Mr. Bernanke as a
> domestic terrorist.
>
> Von NotHaus faces up to 15 years in prison on one count and 5 years on
> two others. Punitively, this is more serious than engaging in female
> genital mutilation (5-years, section 116 of Title 18, US Code), certain
> types of assault (as little as six months, section 113), or, ironically,
> bank robbery (10-years, section 2113b).
>
> The US government obviously has its priorities straight.
>
> As for the total amount of Von NotHaus' gold and silver booty? A
> whopping $7 million, roughly .000083% of Bernanke's $8.4 trillion money
> supply. Von NotHaus was so insignificant he wasn't even in the ballpark
> of a rounding error. By definition, this couldn't possibly constitute a
> danger to the economy.
>
> Realistically, the government's 6-year effort to bring him down had one
> single purpose: to send a message. Uncle Sam is telling us very clearly,
> "You WILL use our rapidly depreciating dollars... and anything we don't
> like in our sole discretion, we will label as domestic terrorism."
>
> If safeguarding the purchasing power of savings is considered domestic
> terrorism, what else is considered terrorism? I think this also begs the
> question of whether gold and silver confiscation is on the table... I'd
> love to hear your thoughts.
>
> Simon Black
> Senior Editor, SovereignMan.com
>
> ------------------------------------------------------------------------
>
> Never, ever interact with a government official without having a
> recorder running.
>
> Learn How To Protect Your Identity And Prevent Identity Theft
> <http://8f7ab0ybg8rx5p6mloffi9yw8t.hop.clickbank.net/>
--
Thanks for being part of "PoliticalForum" at Google Groups.
For options & help see http://groups.google.com/group/PoliticalForum
* Visit our other community at http://www.PoliticalForum.com/
* It's active and moderated. Register and vote in our polls.
* Read the latest breaking news, and more.
No comments:
Post a Comment