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 Replies: 16 / Views: 2,224 |
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New Member
United States
16 Posts |
did any hear of the mint that makes the 1 troy ounce sliver walking liberty dollars got raided because they are not true U.S. currency. I heard that from my older brother?
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Pillar of the Community
United States
2797 Posts |
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Valued Member
United States
473 Posts |
Sadly it is true. They came in and literally stole countless dollars worth of silver and gold. The reason: greed. Pure greed
--gary
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New Member
 United States
16 Posts |
wow thats helps a lot thank you SeatedNut
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Valued Member
United States
251 Posts |
Except they were not walking liberty dollars, they were called Liberty Dollars. The walking liberty was a half dollar coin minted from 1916 to 1947.
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Pillar of the Community
United States
1231 Posts |
I wouldn't say they came in and "stole". They went in with a warrant. And I'm sure all the details have not come out as to why it all happened.
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Valued Member
United States
473 Posts |
Having a warrant only makes it legal, not moral
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Pillar of the Community
United States
1571 Posts |
I won't go there! The IRS doen't even have to get a warrent, and they STEAL, and have a "snow-ball" machine to make more that they have any right to! Yes they are legal, and in my mind Communists, with a liscense to steal. Check your taxes, ans see how much you get from your work, and how much the IRS gets from your "overtime"! If I sound bitter, I am! I have fought those "motherless-sons" since 1961!
Dick
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Pillar of the Community
United States
2589 Posts |
makig the coins wasnt illegal, they were attemting to use them as a form of currency to buy things, thats the part that was illegal. Only the US government can mint coins for circulation within the united states so they did break the law and since they were breaking it publicly they were just asking for trouble
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Valued Member
United States
60 Posts |
What is interesting is that while there is a law that states only the U.S. government can print and mint currency, there is also a law that basically states two parties can settle debts or trade with each other with anything they choose. For example, if I sell you a something and we decide that you will compensate me with 5 baseballs, it is perfectly legal. In the same way, if I sell you something and we decide that Liberty Dollars will be the compensation, it should be legal. That is the arguement/defense of the company that makes the Liberty Dollars.
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Valued Member
United States
473 Posts |
Yup, Ouzo66 nailed it. If you walked into your local pizzaria and offered the guy an ounce of silver in exchange for a pie, there would be no problem. Draw a nice pretty picture of some guy name Ron Paul on that same piece of silver and, next thing you know you got a bunch of men in black suits kicking down your door....
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Moderator
 United States
187582 Posts |
The Federal Government and the quasi-private Federal Reserve are afraid of competition. They fear losing their power to manufacture money out of thin air.
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Pillar of the Community
United States
1840 Posts |
Am I the only one that thinks this whole concept is crazy? Why does $17 dollars in silver cost $22? For that type of cash you can get your silver from the US Mint and get a COA and presentation case. All that these guys are doing is turning a buck off of anti-government sentiment and iconoclastic views.
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Valued Member
United States
328 Posts |
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Moderator
United States
187582 Posts |
quote:
Am I the only one that thinks this whole concept is crazy? Why does $17 dollars in silver cost $22? For that type of cash you can get your silver from the US Mint and get a COA and presentation case
A Free Market means one should have a choice! I cannot say I disagree with you on which would be a better choice; the ASE's are a better value, IMHO. quote:
All that these guys are doing is turning a buck off of anti-government sentiment and iconoclastic views.
I do not see the real problem here...  How is this different than what most of the entertainment industry gives us?  |
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Valued Member
United States
473 Posts |
quote:
Why does $17 dollars in silver cost $22?
everybodys gotta pay the mortgage my friend... quote:
All that these guys are doing is turning a buck off of anti-government sentiment and iconoclastic views.
No, all these guys are doing is spreading their message (Gold Standard) through means that people find interesting and will enjoy. Sit down the average person and ask him to read "The Road To Serfdom" by F.A. Hayek or "Gold, Peace, and Prosperity:The Birth of a New Currency" by Ron Paul, or "The Theory of Money and Credit" by Ludwig von Mises and see how effectively they convert. Show someone a nice shiny coin that is actually worth something...you just might get a better reaction. Its all about marketing--the marketing of ideas, not of product. In this case, the product is a mean to the end. These coins really are not designed to be used by every American in every transaction--barring a major depression (possible, but not likely) or a major shift in our nations political philosophy (probable, but not for another 20 or so years) these will mainly be 1)collected or 2)used as currency in Free-Market based cliches were principle matters more than convience. To they average citizen this whole messy situation reminds us one thing...... Big Brother is Watching Edited by GFR3
02/12/2008 7:48 pm
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Replies: 16 / Views: 2,224 |
Posted 02/11/2008 09:53 am
