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To: Pelham

You still haven’t answered my question - I’m aware the courts said stealing peoples money was OK. Turn in your gold or else. Under threat of a $10,000 fine. That’s $700,000 in todays dollars.

No, I asked you if that sounds legal, in keeping with the plain language of the constitution, as well as the framers warnings about paper currencies, not to mention the prohibition of American citizens owning gold not ended until 1974, decades after the money supply had expanded.


60 posted on 12/10/2010 10:19:07 PM PST by Freedom4US
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To: Freedom4US

There’s plenty of Supreme Court decisions that I dislike but I haven’t noticed that my dissenting opinion has made them see the error of their ways even once.

The reasoning of the Supreme Court in 1935 is that the Constitution grants Congress the power to regulate the monetary system and abrogating the private ownership of gold falls within this power. Google “gold clause cases” and you can find plenty to read about the issue.


74 posted on 12/11/2010 8:29:28 PM PST by Pelham (Islam, the mortal enemy of the free world)
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