Sunday, March 20, 2011

US Desperate Attempt To Save Dollar


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In coordination with the Department of Justice, on September 14, 2006, the United States Mint issued a press release and warning to American citizens that the Liberty Dollar was “not legal tender.” The U.S. Mint press release and public service announcement stated that the Department of Justice had determined that the use of Liberty Dollars as circulating money was a federal crime.
Article I, section 8, clause 5 of the United States Constitution delegates to Congress the power to coin money and to regulate the value thereof. This power was delegated to Congress in order to establish and preserve a uniform standard of value and to insure a singular monetary system for all purchases and debts in the United States, public and private. Along with the power to coin money, Congress has the concurrent power to restrain the circulation of money which is not issued under its own authority in order to protect and preserve the constitutional currency for the benefit of all citizens of the nation. It is a violation of federal law for individuals, such as von NotHaus, or organizations, such as NORFED, to create private coin or currency systems to compete with the official coinage and currency of the United States.

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“Attempts to undermine the legitimate currency of this country are simply a unique form of domestic terrorism,” U.S. Attorney Tompkins said in announcing the verdict. “While these forms of anti-government activities do not involve violence, they are every bit as insidious and represent a clear and present danger to the economic stability of this country,” she added. “We are determined to meet these threats through infiltration, disruption, and dismantling of organizations which seek to challenge the legitimacy of our democratic form of government.”  
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11 comments:

  1. Next they will tell use our gold and silver legal tender coins are only worth face value and to sell otherwise is a crime.

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  2. The Matt Simmons "heart attack" in his hot tub looks only more suspicious!!.looks like the cat's out of the bag and Matt was not the nutcase the mainstream claimed.We shall see.

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  3. 1:24 PM. Please keep your distasteful comments to yourself.

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  4. Interesting how they can go all "Constitutional" when it serves their purposes, yet ignore that the Constitution does not give authority to delegate money making power to a private central bank, or to allow anything other than gold or silver to be money.

    It may be that the person(s) charged are actually guilty of a crime, but their "criminal" money system was actually more honest than the government "authorized" one.

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  5. cunter said radiation will not hurt you, right there you know she is a nwo shill, END OF STORY!!!!!

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  6. I WILL CONSIDER SUPPORTING THIS SITE WHEN:

    1. Comments using profanity are not retained unless they also are on topic and add to the discussion.

    2. Comments that are off topic and do not use profanity are only available by choice, not by default.

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  7. I WILL BE SUPPORTING THIS SITE NOW, BECAUSE IT LETS THE FOURTH AMENDMENT STAND AND DOES NOT ENCROACH UPON IT!!!!

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  8. I WILL SUPPORT THIS SITE NOW WITH MY DOLLARS, BECAUSE IF LETS THE TRUTH BE TOLD, WITH FREE SPEECH AND LIBERTY AND JUSTICE FOR ALL!!!!!

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  9. That's pretty funny considering the amount of censorship here, LOL!!!!!

    Other than that I dont have a big problem

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  10. the dollar will die once Japan starts selling the $700 billions of treasury papers they have to buy raw materials to rebuilt their country. the FED will print money out of thin air to buy treasury papers since Japan is no longer buy them. that will accelerate inflation. u will see commodity prices going way up.

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  11. NORFED's fatal mistake was using the word "Dollar" to describe their product. They would have been OK had they simply selected an alternate word - like "Quatloos".

    For the larger story, watch this most excellent video, "The American Dream" here: http://www.youtube.com/watch?v=tGk5ioEXlIM

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Everyone is encouraged to participate with civilized comments.