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To: Dubya-M-DeesWent2SyriaStupid!
Clark Howard said today quit buying gold it will be worthless when Obama and his commiecrats trash the dollar

I can't remember who said it, but about a year ago, a former female member of BJ Clinton's administration (not a top person, but up there) said that if we have a total collapse, the US Govt will just do what FDR did in 1933.

Make ownership of gold illegal. Impose a 10 year prison term (mandatory) for noncompliance. Impose a US only "buy back" price that the Govt sets. After gold is turned in en mass, tell the country the price is back to what the world says it is. Tax the hell out of any gains (anyone) made before the US confiscated it, and impose a 10 year prison sentence for anyone trying to avoid it.

Executive Order 6102

Remember, this does not even HAVE TO PASS CONGRESS! The last time it was done, it was an "Executive Order." Now, Obama wouldn't do THAT, would he?

In 1933 (when FDR and the Fed stole everyone's gold), they paid something like $25 an ounce, and then once they had what people were going to give up raised the price artificially to something like $35 an ounce. Not sure how they get away with this today, but I guess anything is possible in the middle of food riots, hyperinflation, Martial Law, and a police state.

Any gold (or possibly silver) that you own in a safe deposit box is not safe (she said this). The Govt can force the banks to open them all up and turn it in with a "receipt" to you. Any gold or silver you have in basement safe would automatically make you a 10 year felon. Think about that for a second. Any gold or silver "paper" ownership you own would be almost worthless.

15 posted on 04/14/2011 4:34:38 PM PDT by SkyPilot
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To: SkyPilot

fool me once shame on them, fool me twice shame on me...this time around I suspect that a lot of lead and brass will be expended to prevent the confiscation of gold..


16 posted on 04/14/2011 4:41:05 PM PDT by rolling_stone ( *this makes Watergate look like a kiddie pool*)
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To: SkyPilot

And you can bet that Soro’s et al and rich turbin wearing kings will become infinityaires.


18 posted on 04/14/2011 4:45:14 PM PDT by Dubya-M-DeesWent2SyriaStupid! (Obama:If They Bring a Knife to the Fight, We Bring a Gun (the REAL Arizona instigator))
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