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Treasury claims power to seize gold, silver -- and everything else
Gold Anti-Trust Action Committee ^ | GATA

Posted on 06/26/2010 2:55:21 AM PDT by cowtowney

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To: All

I wish people will start reading history and see just what might be is store for us.

I.E.

Start by reading how the nazis gained power in Germany. Simple to do and pretty fast. Just google it and even the crappy Wikipedia does a pretty decent job of explaining it.

You will be SHOCKED how similar it is to whats happening in this country now. Of course we do have a former Nazi running the show behind the scenes now dont we?


21 posted on 06/26/2010 5:48:15 AM PDT by crz
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To: ikka
The Constitution?

When did power hungry,money-grubbers ever pay attention to that old thing?

The American people did not defend the principles set forth in the Constitution from the day the ink dried.People in general would much rather be taken care of than have freedom.Just look at history.

22 posted on 06/26/2010 5:53:05 AM PDT by hoosierham (Waddaya mean Freedom isn't free ?;will you take a credit card?)
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To: cowtowney

They won’t call it confiscation. They won’t call it seizure. They will call it buyback or some other nonsense.

This is to pave the way for runaway inflation. Inflation makes bank accounts, IRA’s and investments essentially worth nothing. That is how they destroy wealth and make everyone (except the liberal elite) poor and dependent on the government.

Gore, Clinton and Soros will always find a way to keep their wealth, while the person who worked all his life and saved some money so he wouldn’t be dependent on others gets his money wiped away.

Meanwhile the liberal elite raises their own salary and pensions, and looks down on the hard working people with scorn.


23 posted on 06/26/2010 5:54:54 AM PDT by Leftism is Mentally Deranged (liberalism: severe deterioration of the thinking apparattus)
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To: cowtowney

Luckily for me, the Second Amendment gives myself and my like-minded citizens the abilty to resist such foolishness.


24 posted on 06/26/2010 6:10:33 AM PDT by snowrip (Liberal? You are a socialist with no rational argument.)
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To: cowtowney

I never understand why folks put on such a brave facade about seizure when they will just end up hang onto it until they are dead and their heirs turn it in. The government doesn’t need or want it anyway, they can inflate without having it in hand (unlike the 30’s when there was still international convertability). Second, if the government decides to inflate and these folks decide their gold is now worth something, the government can simply stipulate that it is worth “X” and anyone selling for more than X will be shot on sight.


25 posted on 06/26/2010 6:41:00 AM PDT by palmer (Cooperating with Obama = helping him extend the depression and implement socialism.)
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To: ikka

“Actually the Constitution is quite clear, only gold and silver are “money”.”

True, the Constitution stipulates that

“No State shall enter into any Treaty, Alliance, or Confederation; grant Letters of Marque and Reprisal; coin Money; emit Bills of Credit; make any Thing but gold and silver Coin a Tender in Payment of Debts”

but that is a restriction on the power of the STATES not Congress. The Founders didn’t want a situation in which 13 colonies each were issuing paper money and forcing its citizens to accept it (regardless of how inflated it became) since that would undercut the federal power to do the same.

But what the Constitution says about Congress’s power over money is quite different:
“The Congress shall have Power....
To borrow money on the credit of the United States;

To coin Money, regulate the Value thereof, and of foreign Coin, and fix the Standard of Weights and Measures;”

So the Founders expected informed voters to keep Congress in check from abusing this open-ended authority to borrow and regulate the value of money. We have not been good stewards of the republic that the Founders gave us “if we can keep it.” Unless Obama is stopped, we will have slid a considerable distance towards a fascist dictatorship by the time he leaves office. But as your comment implies, this slide has been in progress for about 100 years.


26 posted on 06/26/2010 6:50:57 AM PDT by DrC
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To: Tugo

He will and is doing that.

If you are expecting A Republican sweep in November, forget it.

About the second week in October and continuing up until election day,there will be a media blitz with ads saying, “If you do not want your unemployment,Social Security, and other freebies, cut off. you better vote Democrat”. And others ads to that effect.


27 posted on 06/26/2010 7:46:46 AM PDT by sport
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To: R. Scott

If it happened again, they would pay you in artificially low dollars, and then after they had confiscated all the gold, they would raise the price.


28 posted on 06/26/2010 11:10:02 AM PDT by Defiant (2010 is pretty much it, folks. Send them packing, or start packing.)
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To: ikka

RUSSELL MUNK, Assistant General Counsel, Dept. of the Treasury, in a 1977 letter admitted: “Federal Reserve Notes Are Not Dollars.”


29 posted on 06/26/2010 11:17:01 AM PDT by philetus (Keep doing what you always do and you'll keep getting what you always get.)
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To: Defiant

Just like before, but - what good would our gold do us if it is illegal to own or use? I suppose if I was an artisan I could melt it down and make jewelry, but I’m not much of a craftsman.
I could hide my gold and wait 40 years or so, hoping it would someday be legal again to own - but I doubt I’ll live another 40 years.


30 posted on 06/26/2010 11:22:18 AM PDT by R. Scott (Humanity i love you because when you're hard up you pawn your Intelligence to buy a drink)
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To: cowtowney

All are belong to Obama.


31 posted on 06/26/2010 1:02:57 PM PDT by yield 2 the right (RUSH: Anything that Barney Frank and Chris Dodd get a standing Ovation on is not good for us)
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To: sport

ON top that, Federal Employ Unions are in collusion with State Secretarys who control the ballot boxes and are traditionally bad at addition.


32 posted on 06/26/2010 3:19:06 PM PDT by Tugo (Nehemiah 9:5)
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To: sport

ON top that, Federal Employee Unions are in collusion with State Secretarys who control the ballot boxes and are traditionally bad at addition.


33 posted on 06/26/2010 3:19:22 PM PDT by Tugo (Nehemiah 9:5)
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To: R. Scott

Because the regime that orders such a thing is not going to last, the economy is going to go to hell when such things are ordered, and you will be glad that you have some gold later. Just like anyone who kept their gold hidden after FDR gave them $20/ounce for it.


34 posted on 06/26/2010 9:51:12 PM PDT by Defiant (2010 is pretty much it, folks. Send them packing, or start packing.)
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To: Dr. Bogus Pachysandra
I’ve got a dollar bill somewhere here, that is a “Silver Certificate.”

The government bought these back during Kennedy Administration, Poor Folks got eliminated from this big giveaway by requiring large quantities of bills before the Government would cough up $4.00 for each 1.00$ bill. Nixon finished the crime during his administration.

35 posted on 06/27/2010 7:47:22 AM PDT by itsahoot (Each generation takes to excess, what the previous generation accepted in moderation.)
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To: R. Scott
She told me it was illegal to have them and they couldn’t be spent.

Yes. But, what granny didn't tell you is that those "worthless" gold coins can be converted into Swiss Francs...

36 posted on 06/28/2010 8:08:13 PM PDT by April Lexington (Study the constitution so you know what they are taking away!)
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To: crz
Most citizens who owned large amounts of gold had it transferred to countries such as Switzerland

Yep...

37 posted on 06/28/2010 8:09:16 PM PDT by April Lexington (Study the constitution so you know what they are taking away!)
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To: cowtowney

bump


38 posted on 06/29/2010 7:52:31 AM PDT by cowtowney
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To: All; PA Engineer; blam; TigerLikesRooster; Cheap_Hessian; CJinVA; Jet Jaguar; OneLoyalAmerican; ...

Better-late-than-never Goldbug ping

Mail me to get on or off the Free Republic Goldbug Ping List.


39 posted on 06/29/2010 9:25:48 PM PDT by jiggyboy (Ten per cent of poll respondents are either lying or insane)
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