Get a Rifle NOW - Demand Honest Money

Scott G. Beach · 2005-05-18 13:39:50

John W. Snow, the Secretary of the Department of the Treasury, is lying to us. He is issuing paper money that bears the words “Federal Reserve Note.”

Several years ago, the Federal Reserve Banks closed their public windows. It is now impossible to redeem Federal Reserve bank notes for coins minted pursuant to an act of the U.S. Congress. When the Federal Reserve banks closed their public windows, all Federal Reserve notes instantly became paper money. The government is nevertheless CONTINUING to issue paper money titled “Federal Reserve Note.” Their “notes” are nothing of the sort. They are lying to us and they know it!

Mr. Snow is trying to give us a snow job.

Once upon a time, when “honest money” was in circulation, it was possible to redeem a “One Dollar” Federal Reserve Note for one dollar (a coin that contains 371.25 grains of fine silver). Then the government took silver dollars out of circulation and replaced them with “token money” (copper coins that have a silver-colored finish on them). The current dollar coin is now made of brass (the silver-colored pretense has been removed).

The government has gradually conditioned us to accept token money and that has allowed the government to put us further and further into debt – more than 70 trillion “dollars” into debt. But don’t worry about it because the government can, with a few keystrokes on a computer keyboard, create 70 trillion dollars and pay-off that debt. That is called “hyperinflation” and it effectively obliterates your life savings. But don’t worry about it, you will not mind retiring at age 75 into a life of homelessness and hunger. Or, if you do not want your life savings to be obliterated and if you do mind retiring into homelessness and hunger, call John W. Snow and tell him to stop lying to us. Ask him to tell the truth. Ask him to take the word “note” off the paper money that he is issuing. But he won’t. The lie has become so big that he cannot tell the truth. The global financial system would implode if he told the truth so he is going to continue lying to us.

Bah, bah, bah. Be obedient sheep as John leads you to the slaughterhouse. Or get a rifle...

clark · 2005-05-18 13:58:53

Can I buy yours with my Federal Reserve Notes?

C M Edwards · 2005-05-18 14:06:33

Gee, you'd think a bushel of US dollars wouldn't buy you lunch.

Scott, I've heard some very good arguments that the US should go back to a real goods currency standard (Gold, oil, etc.) like Madagascar. I've also heard some fair arguments that we should ditch conventional money altogether and start using barter clubs or some other mode of exchange like parts of Argentina. I've even heard the argument the federal reserve doesn't have to be public to operate effectively and that our current system yields a fair average value if the other countries of the world just keep playing the same game.

But I've never heard an argument that armed internal conflict will make the dollar a harder currency. How is that supposed to work?

Scott G. Beach · 2005-05-18 15:53:12

Mr. Edwards:

The U.S. Dollar has lost aout 30 percent of its value in the last few years. It could fall another 80 percent from here. And that fall might happen sooner than you have previously thought. See today's news at http://edition.cnn.com/2005/BUSINESS/05 … ..._latest

clark · 2005-05-18 18:28:45

advocating the violent overthrow of the government is, well, um, questionable.

Even *I* know that. :laugh:

Perhaps the moderators should evaluate this. Just a thought.

Cobra Commander · 2005-05-18 19:07:09

advocating the violent overthrow of the government is, well, um, questionable. . .
Perhaps the moderators should evaluate this. Just a thought.

Yes, advocating revolution is a little questionable. I'm not just saying that because my online communications are being scanned either. Really.

How 'bout that NSA? Top notch people, FBI as well. CIA. . . well, two out of three ain't bad. :;):

That said, there are a number of high quality, affordable, American-made rifles on the market. It's helping the economy, really.

I'm doing my part!

Hold on, someone's at the door. :hm:

clark · 2005-05-19 05:23:55

The question is, are you part of the problem, or part of the solution?

Me, I'm just a solution to a self-made problem.

C M Edwards · 2005-05-19 15:12:23

The U.S. Dollar has lost 30 percent of its value in the last few years. It could fall another 80 percent from here. And that fall might happen sooner than you have previously thought.

Yes, the dollar has declined in value relative to other currencies. I'll also admit that we are poised for inflation to come along and knock it down again by the same percentage. China isn't to blame, though.

China opening their currency to foreign exchange won't help much with the China-to-US trade. I'll bet this announcement sent a shiver down Walmart's collective spine. However, the yuan's relative value is so artificially low at the moment that it's inhibiting US-to-China trade, so open currency exchange won't immediately hurt, either - even if the dollar inflates another 30%. (Besides, they haven't actually done anything yet.)

China might come in and mop up later, but they will not be the immediate cause of our next recession.

Commodore · 2005-05-20 19:40:45

Hey, as long as the local gun shop still takes cash.

C M Edwards · 2005-05-21 09:56:27

Hey, as long as the local gun shop still takes cash.

Dollars or yuan?

Scott G. Beach · 2005-05-21 12:53:13

Mr. Edwards:

You wrote, “Yes, the dollar has declined in value relative to other currencies. I'll also admit that we are poised for inflation to come along and knock it down again by the same percentage. China isn't to blame, though.”

I agree that China is not to blame. The currency markets have been grossly distorted by covert central bank efforts to manipulate the value of the U.S. dollar. The International Monetary Fund revised accounting rules several years ago in order to allow central banks to hide their gold leasing activities. Central banks have been covertly leasing gold in order to keep the value of the U.S. dollar high relative to gold and other currencies. This covert manipulation may become a matter of public record in a couple of months when the case of Blanchard v. J.P.Morgan and Barrick Gold Corp. goes to trial in a federal court in Louisiana (see savegold.com).

Barrick tried to get that case dismissed by claiming “sovereign immunity.” The judge did not accept Barrick’s assertion of immunity. At trial, the names of the central banks that Barrick has been fronting for may be revealed. Then, public pressure on those banks may end their covert gold leasing activities, sending the price of gold to the moon and simultaneously sinking the U.S. dollar. Or, an out-of-court settlement may be reached, which would probably require that Blanchard not publicly reveal the names of the central banks. I believe that this sort of cover-up is the most likely outcome. However, it might be prudent at this point to include some gold stocks in your retirement portfolio.

srmeaney · 2005-05-25 09:43:36

Damn you guys are 'disgruntled postal workers'. It's OK I have a sollution. March on the Skywalker Ranch holding a sign: "Yoda does not intimidate me! I shoot Smurfs of any colour." :;):

Mundaka · 2005-09-04 22:55:02

Josh Cryer · 2005-09-05 11:36:59

Mundaka? Well there's an old face I haven't seen in awhile. Welcome back!

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Re: Get a Rifle NOW - Demand Honest Money

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Re: Get a Rifle NOW - Demand Honest Money

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Re: Get a Rifle NOW - Demand Honest Money

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Re: Get a Rifle NOW - Demand Honest Money

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Re: Get a Rifle NOW - Demand Honest Money

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