Posted on 11/15/2007 7:50:21 AM PST by Attention Surplus Disorder
I’m not sure if you noticed, but Ron Paul is a U.S. Congressman who’s running for President. Throwing out press releases every time some kook, nutball, or suspected criminal uses his name is probably not the best or most efficient use of his time.
Do you think President Bush was involved in a 9/11 conspiracy because he hasn’t personally taken the time to publicly denounce every single crank loony website that says he was? Most people realize that national public figures attract all sorts of attention, and that it’s foolish to assume connections with every single person that proclaims their support just because the public figure hasn’t taken the time to specifically and publicly reject that person.
If you're talking about the Mexican peso, it happens to be a legal currency. There is no law against accepting legal foreign currencies as payment for goods and services. In fact, if there were then most currency exchange departments would be technically in violation since they accept foreign currencies as payment for dollars.
Not a bad “coin”, but I’d sure have to say it pales against a US Silver Eagle. The US Gold coins aren’t especially wonderful, but the Ag Eagles are really beautiful. Got no problem with Mexican Onzas aka “Libertads”, either. Nice coins.
Prices here:
www.amark.com
www.tulving.com
www.apmex.com
The "spot price" is the per-ounce cost of a 500-ounce ingot of gold or silver located in New York. Saying that a one-ounce round is "worth" the spot price means that you want to rip off the trucker who carried the ingot to the mint and will carry the round to you, and the owner and operator of the mint who paid big bucks for the equipment and energy needed to convert that 500 ounce ingot into 500 one-ounce rounds.
Oh man, your new graphic is *almost* as good as the fat boy one.
whither the “scam”?
because now they all of a sudden have no assets and if you want your money back you have to get it from the “other guys”
In keeping with that analogy, it is illegal to write bad checks.
They claim their currency is backed by gold, but they no longer have the gold.
Regardless of if it was legal before, it has no value now.
I personally favor discussion rather than name-calling. Which is why I should have kept away from this thread to begin with. But, to each his own...
“Counterfeit” has a very specific meaning - an intent to defraud by presenting something worthless as if it had value.
When you have a pocket full of Liberty Dollars, you have the intrinsic value of the silver or gold of which they are made, and only a passing resemblance to US base-metal coinage.
Using the term “counterfeit” here is patently incorrect.
True, but if one must name call, one should at least use a clever name to call.
Currency substitution with both an antiwar and profit agenda?
It may be merely a gargantuan coincidence that George Soros, one of the world’s most infamous currency-manipulators abroad, is unquestionably doing all sorts of things to disrupt our winning the WOT... and rumored to be a shadow supporter of Ron Paul to depress and split the Conservative vote....
Thank you for reminding me why I’m no longer a Republican. Long live the government goons and fiat currency, right?
I think this amounts to a private agreement to barter, not illegal. IMO, it’s a clever accomodation for the convenience of peso holders and obviously there are plenty of them in that border area. I’m perfectly sure the vendor is making a nominal amount on the exchange rate, and may even get a better exchange rate if he lets the pesos he accepts pile up into a bigger pile.
If you agreed to take Monopoly money or Britney Spears CDs for a transaction you and I had going, I don’t think that would be illegal.
If you agreed to take $1-denominated US Silver Eagles as payment based upon their face value ($1 each) that would also not be illegal.
As I’ve said, the REAL (IMO) area where this organization has run badly and clearly afoul of many existing laws (mostly securities and banking laws) is issuing the paper money and calling it ANYTHING like “currency” or “redeemable” or “legal tender”. Ouch!
Thank you for reminding me why I think Libertarians are POS.
Add me, too. These Paul threads are very entertaining! ;-)
WHY IS IT THAT I CAN’T FIND ANOTHER REPORT OF A RAID DOING A SEARCH OF THE NEWS?
Did you even read the article? The reason they don't have any of that stuff is because the FBI kicked in their door and confiscated it all.
Judging by this thread I guess cheap shots are all anyone has to offer.
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