http://www.moneyfiles.org/usapower.jpg (pro Founding Fathers' economics)
Now that the US dollar is gobbling 80% of the world earnings to stay afloat daily and that the savings rate in america is zero, let's face it once and for all: got gold/silver?
This is beyond draconian! So much for trying to protect ourselves against the cashless society. Resident evil.
Further, there is no requirement in the law that the targets of the government's interference must have some connection to the declared enemies of the United States, nor even some connection to foreign ownership. Anything that can be construed as a financial instrument, no matter how innocently it has been used, is subject to seizure under the Trading With the Enemy Act and the International Emergency Economic Powers Act.
Gotta love this law! Well, it'll be interesting to see how many of the "I've got nothing to hide" herd line up voluntarily to turn in their gold and silver when the order goes out.
Yet another reason to not invest in gold!
See also my national debt page.
I'm beginning to think that the government can do whatever it pleases, constitution be damned.
So what else is new.
Can Our Government Really Tell Us How Much Food and Supplies We Can Keep?
Executive Orders in place dating back to 1939 which Clinton has grouped together under one order, EO #12919 released on June 6, 1994. The following EOs all fall under EO#12919:
10995--Federal seizure of all communications media in the US;
10997--Federal seizure of all electric power, fuels, minerals, public and private;
10998--Federal seizure of all food supplies and resources, public and private and all farms and equipment;
10999--Federal seizure of all means of transportation, including cars, trucks, or vehicles of any kind and total control over all highways, seaports and water ways;
11000--Federal seizure of American people for work forces under federal supervision, including the splitting up of families if the government so desires;
11001--Federal seizure of all health, education and welfare facilities, both public and private;
11002--Empowers the Postmaster General to register every single person in the US
11003--Federal seizure of all airports and aircraft;
11004--Federal seizure of all housing and finances and authority to establish forced relocation. Authority to designate areas to be abandoned as "unsafe," establish new locations for populations, relocate communities, build new housing with public funds;
11005--Seizure of all railroads, inland waterways and storage facilities, both public and private;
11051--Provides FEMA complete authorization to put above orders into effect in times of increased international tension of economic or financial crisis (FEMA will be in control incase of "National Emergency").
For more, Click on:
http://standeyo.com/News_Files/Hollys.html
On the left, click on: "Miscellaneous"
Then under "Executive Orders"
click on : What Do EOs Say About Storing?
That mattered more when our money was based on gold and silver. Can they now confiscate paper, faith in the money supply and Alan Greenspan's health because that's what the money supply is currently based on?
GATA's correspondence with the Treasury Department is posted on the Internet here:
http://groups.yahoo.com/group/gata/message/3276