MONEY: The Gooferment acts to preserve its monopoly on “dollars”

Friday, June 5, 2009

Dear Reader:

This is OUTRAGEOUS. Just as Sadam Hussein of Iraq learned when he suggested that oil be trade in gold, don’t mess with the US’s monopoly on the world’s reserve currency.

(Disclaimer, I think the Liberty Dollar is overpriced versus the spot price of the underlying commodity. But, maybe I don’t understand how expensive it is to mint medallions. They are cheaper than what is offered on the late night infomercials to buy “Liberian Silver” or such nonsense.)

Bernard and the Liberty Dollar folks are threatening to take the country back to Constitutional money of gold and silver. Single handedly! Interesting is they are the size of a gnat on a cow’s butt in comparison to the Federal Reserve. The “establishment” is so threatened as it has to persecute and prosecute them.

See the Establishment can NOT afford to have any one “look behind the curtain”! You might ask the question “What is a dollar?”. That question leads to the more “deadly” question — deadly to their ability to delude the people into allowing the Government have the ability to inflate — “What value does a Federal Reserve Banknote intrinsically have?”. That’s the question that puts a stake thru the heart of the vampire known as the Federal Reserve Bank. Inflation is the silent hidden tax.

(The Federal Reserve Bank is a misnomer. IT ain’t “federal”. It reserves nothing. And, it ain’t a “bank”. It is a private cartel of the elite banks run for their benefit and that of the entrenched politicians. )

(As an aside, just look at the reelection rate of incumbent politicians. And, where they are “replaced”, note that their “replacement” is a member of the opposite “major” party that follows the exact same agenda. And, you wonder why stuff doesn’t change. How can it? The elite are very content with the current system. It’s only the “unwashed” who get screwed. Repeatedly.)

So, the Federal Reserve Banknote allows the politicians to take everyone’s wealth by inflation. So they can have a “welfare / warfare” society and the sheeple don’t even known they are being shorn. In the last thirty years, the dollar has lost more than 95% of it’s purchasing power. Watch the old quiz show “Let’s Make a Deal” and see the price of a new car in the Sixties was less than 5,000 “dollars”. Why does a Government Motors car cost 50,000 now? It ain’t the same dollars. My first house cost 8,000 “dollars” when it was built in the Fifties, why is it worth 350,000 “dollars” now. Did the boards suddenly become more valuable? No, the Government money is worth less and they can’t print houses.

So, here we have the Government desperately trying to reign in the whole concept of “honest money”. There’s an old rhyme “Money has functions four: a medium, a measure, a standard, a store.” See in order to be “money”, it has to be a store of value. The Federal Reserve Banknote is: a medium of exchange (as long as the sheeple believe it to be), a measure (as long as you realize each year it’s different; imagine a measure of length getting shorter every year — giving the Government “more” land to sell), a standard (as long as you don’t mind a standard shrinking every year), and a store (where the rats in congress erode your wealth silently).

That’s why they have to surpress anything that reflects badly upon their “dollar” monopoly.

Forewarned is fore armed!

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Begin forwarded message:

From: Liberty Dollar <truth@libertydollar.org>

Date: June 5, 2009 2:35:24 AM EDT

To: reinkefj

Subject: FBI Arrests Bernard, Kevin, Sarah & Rachelle

LIBERTY DOLLAR ALERT:

June 2009 Vol. 11 No. 06-A

Urgent News for All Liberty Dollar Supporters!

FBI Arrests Bernard, Kevin, Sarah & Rachelle

The battle for a value based currency has began!

The last two days have been amazing! Just shortly after midnight on Tuesday, the phone started ringing and I let the answering machine take the call. But very soon there was another call… with an even more urgent message! Very quickly, a friend of Kevin Innes, explained to me that Kevin had been “detained” by the local sheriff and was being held for the FBI to arrest him! Holy Cow!! The #2 supporter for the Liberty Dollar and co-instructor at the Liberty Dollar University training sessions was in deep trouble with the Feds! I was sure to be next. But would they arrive in a few minutes or would it be a pre-dawn Nazi style assault?

Finally, I got up at 4:00 AM. I was very concerned for Kevin and wondered when the FBI would hit me. Fortunately the morning was quickly filled with a flurry of calls from Kevin’s friend, other interested parties, the usual business calls and making preparations for the inevitable knock on the door. But nobody came. Then just after noon, Niles, who’s wife, Rachelle, manages the Liberty Dollar Fulfillment Office, called to tell me that Rachelle had been picked up by the FBI at the LD Office and was due to be arraigned in just a few hours! The FBI strikes again!

Luckily, I was able to talk to Rachelle via her cell phone while the FBI was holding her. I was pleased that the FBI agents were the friendly professional types and afforded Rachelle and I quite a few minutes of private conversation. Under the circumstances, Rachelle’s demeanor and resolve was right on target. And very quickly, I learned that a warrant had been issued for my arrest. And just a quickly, Rachelle was off to court to be arraigned.

Much later in the afternoon, I learned to my surprise that three big FBI agents had arrested Sarah at work. She and Rachelle were arraigned together and quickly released to on their own recognizance (OR) before the sun set on a very eventful day for the Liberty Dollar. The quick, professional effort with Sarah and Rachelle were gratifying and encouraging. Unfortunately, I was to learn that Sarah lost her job because of this event.

By last afternoon it was clear that the Liberty Dollar would be best served by my turning myself in to the to the US Marshals, otherwise know as ‘self reporting.’ After a few calls, I found myself talking to Agent Andy (aka Agent F) who was his usual friendly, chatty self. He even recognized my voice although we had only spoken twice and that was over 18 months ago. Sure enough he confirmed that a federal arrest warrant for my arrest had been issued. And after a bit of gamesmanship with Agent Andy, I agreed to report to the US Marshal’s office in Fort Myers, Florida at 9:00 AM on Thursday morning as it was too late to be arraigned, plus an overnight in jail would have wrinkled by clothes :)

The following morning, Thursday, June 3, 2009, I actually arrived at the Marshal’s office at 8:30 due to light traffic. As the saying goes, “If you gotta do time, do federal time.” Quite simply, the federal boys are better educated, better trained and have better manners. I was immediately escorted to a holding cell. After an hour or less, I met with the Pre-Trila Service rep and made it to court at 11:00 in chains and handcuffs. The female judge was businesslike and granted my request to attend my son’s graduation in Physics from UCLA next week. After fingerprinting, signing a $50,000 Appearance Bond, one final meeting with the Pre-Indictment Service rep, I was free.

In general, the arraignment was a pleasant affair. The US Marshals did their job with very little attitude, as they should. After all, I am self reporting, and it is for anything violent, I just want to prove that I have a right to issue my own currency and if any body chooses to use it then it is a “private contract.” It is certainly not a crime.

And so it came to pass, 2009 years after the birth of Christ, that four regular Americans have taken a stand to defend the People’s right to protect themselves from a government currency that has a long and unforgiving history of stealing the people’s purchasing power. This is a test of individual rights, as protected by the Tenth Amendment. It is the deciding moment that a private voluntary barter currency (PVBC) is legal in the great United States of America. This is a test that the Liberty Dollar must and will pass, for that I have no doubt. But it will not be easy or cheap. Please, if you support our efforts, support us with any kind of money you have, including pro bono services. Now that the Liberty Dollar faces a federal criminal trial, it is the US Government v Liberty Dollar ala Bernard, Kevin, Sarah & Rachelle. Please help us win. Please help yourself win. Please help American win.

Very simply this is a Win or Lose battle. In addition to money for this legal fight we need articles that reference non-government currency, such as Air Miles as currency, legal research assistance, expert witnesses, legal assistance, etc. If you support the ideals of the Liberty Dollar, this is the time to get behind the Liberty Dollar. We critically need your help! Please send your digital info to Legal@LibertyDollar.org and your donations of value including other kinds of “currencies” to:

LIBERTY DOLLAR

225 N. Stockwell Road

Evansville. Indiana. 47715

The best news is that the Liberty Dollar finally has the opportunity to prove beyond a shadow of a doubt that it is legal. Over two years ago I sued the US government for a Declaratory Judgment to resolve the legality issue. And how did they respond, they raided the Liberty Dollar and confiscated over $4 million dollars in gold, silver and cash. The US government has done everything possible to kill the Liberty Dollar! And guess what? It has not worked. The mere fact that the Liberty Dollar is still in business is a testament to your demand for Real Money and the ideals that the Liberty Dollar represents.

Thank you, thank you, thank you for your support! Trust me, the Liberty Dollar is not made up of any fat cats. We are all just regular Americans. And we all just want good money, a lot less government and no damn war!

Click HERE for a stilted Press Release by the DOJ. Its three pages with a whopper by Owen Harris, Special FBI Agent in Charlotte who said, “When groups try to replace the US dollar with coins and bills that don’t hold the same value…” WOW what a telling statement of pure spin.

Click HERE for the 13 page Indictment.

Click HERE for Sarah’s Arrest Warrant.

Guess what?! Liberty Dollar still in business and we need more business! As there has been no Cease and Desist Order, Liberty Dollar remains OPEN FOR BUSINESS. Please visit our shopping cart for all the 2009 Liberty, Peace, Freedom, T-Dollars and more. Don’t be bashful or stupid. Silver is going to the moon, just as sure as the US dollar is going to hell with your purchasing power. Now is the time to protect your purchasing with the “inflation proof” currency and help usher in a new monetary model that provides the only proven, peaceful, and profitable solution to the monetary cancer that has infected America.

OUTSTANDING ORDERS: Please rest assured that we will fill all outstanding orders. Yes, after producing a sizable amount of pre-minted Silver Libertys and finally getting current with most orders, we changed mints and are now behind again. We apologize emphatically! Poor and/or slow delivery is not acceptable business. It hurts everyone. And just when we were about to get current again we were arrested. Please continue to support us with your patience too. We promise to get every order out ASAP. But as I hope you can understand, it is a struggle to run a business, any business, in such an environment and fight a major legal battle for our right to protect our purchasing power

The last few 2009 Arrest Dollars. Are you familiar with the Arrest Dollars? Starting in 2007 and continuing through this year the Arrest Dollar is one ounce Silver Liberty that is specially hand hallmarked with a micro “handcuffs” stamp and my federally registered mintmark. Issued only from the day of the raid to today. The last few 2009 Arrest Dollars are currently on the Shopping Cart. After these are gone, they are gone to eBay for much more money.

The 2009 Tea Party Dollar (T-Dollar) is still available and we are still waiting confirmation on the shipment. We are still expecting to have the first batch order in the first 24 HOURS here for the July 4 events. The T-Dollar is still only a buck for an ounce of copper AND you can still get them for 10% discount to they $1 face value for a 100 or more. Hey, they are only a buck… you can’t go wrong. Plus every copper issue has sold out. Get these while you can and help support our legal efforts tooJ

The 2009 Silver Libertys! The backbone of the Liberty Dollar model is the one ounce .999 fine silver Lib! Just in the last few days, silver has bounced back over $16, soon the 30 day moving average will be $16 and the Liberty Dollar will Move Up again to the $50 Silver Base. PLEASE don’t be dumb and buy silver when it is high. Get it NOW!!! Sure it is not $5 per ounce any more, nor will it ever be again. $5 silver is just not possible with the government spending phony baloney fiat money like a drunken sailor. Please order silver now and protect your purchasing power and profit tomorrow!

Stay tuned to the Liberty Dollar News as we vindicate and validate the legality of the Liberty Dollar. Please take an active role in this exciting and profitable time. Don’t lose out. Get involved with the Liberty Dollar to make money, do good and have fun. I am having as much fun in my 60’s and I did in The 60’s and hope you are too.

Thanks again for your support.

Bernard von NotHaus

Monetary Architect

Editor@LibertyDollar.org

http://www.LibertyDollar.org

888.LIB.DOLLAR

888.421.6181

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MONEY: Build your own pension

Friday, June 5, 2009

http://www.usatoday.com/money/perfi/retirement/2009-05-21-traditional-pensions-dying_N.htm?loc=interstitialskip

Interesting. Pensions are dead. The Social Security Ponzi scheme is “underfunded” (i.e., a polite way to say broke).

What does one do?

Accumulate 2M$!

Yes, you read it correctly.

$2,000,000

An investment portfolio of of 2M$ at 5% would throw off an annual income of $100,000.

There’s your “pension”.

Was much easier in the old days. The ancient history days of large stable enterprises like IBM and AT&T where one would go and spend a career. Work for forty plus years and leave at 65 with a gold watch and monthly check tht made a comfortable retirement.

Now only politician and bureaucrats have that. They’ve voted it for themselves at the taxpayers expense. (Unfortunately, the joke’s on them. Who will pay the taxes to pay these gold plated pensions? The taxpayers as broke as the gooferment.)

And, don’t be fooled by insurance company annuities. They just take your money for a promise to send you a monthly check. Madoff was a Ponzi. But, don’t think these “insurance companies” are any better than AIG or any Wall Street Financial Firm.

So, you take your 2M$ and invest to diversify getting your 5%.

For those of you who are aggressive savers and entrepreneurs: go for 10M$.

That’s the land of critical mass that Bob Brinker the financial radio show host talks about.

With 10M$, you have have a five year CD ladder with 2M$ in each “rung”, and get your 100K without ever thinking about it. By diversification, you can have it all FDIC insured. That’s about as close to rock solid as one can get.

Now, you may not get to 10m$, unless you’re entrepreneurial. You may not get to 2M$ unless you save your fool head off.

But that doesn’t absolve you from the consequences of not doing your financial planning.

You can only depend upon yourself.

Remember the new sucess formula is:

   (1) ruthless financial discipline — no bad debt;

   (2) a life long interest in learning — education — a degree — they can’t take it away from you;

   (3) a white collar job in order to save big bux;

   (4) a blue collar skill for hard times — never saw a poor plumber;

   (5) one or more internet based businesses — your store is always open;

   (6) a free time hobby that generates income; and

   (7) a large will-maintained network of people who can “help” you.

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LIBERTY: Who runs the banks?

Monday, June 1, 2009

http://uk.reuters.com/article/rbssFinancialServicesAndRealEstateNews/idUKN2941127620090529

U.S. FDIC restricts interest rates at weak banks
Fri May 29, 2009 3:38pm BST

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WASHINGTON, May 29 (Reuters) – U.S. banks that are struggling to stay afloat will not be allowed to aggressively ratchet up interest rates to attract customer money, a top bank regulator said on Friday.

The Federal Deposit Insurance Corp voted to bar a bank with insured deposits from paying interest rates that “significantly exceed” prevailing market rates if the bank is deemed not well capitalized. The new rule better defines what constitutes normal market rates, the FDIC said.

*** end quote ***

Let’s dispose of any doubt that this is a “free market” economy!

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INTERESTING: The origination of “America”

Sunday, May 24, 2009

200905192246.jpg

I thought America (i.e., the USA) was founded by LEFT-wing extremists. They were essentially LIBERTARIANS. At least Jefferson was. Everyone other than Hamilton and the Federalists. The Anit-Federalist definitely were LEFT.

imho

The problem is that Democrats have forgotten they are the party of civil liberties and the Republicans have forgotten they are the party of smaller government.

Too bad, Mister Jefferson, it was a nice try. And, too bad, Mister Franklin, we couldn’t keep it.

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GOVEROTRAGEOUS: Mandatory vacation like that paragon of productivity … France!

Thursday, May 21, 2009

http://www.politico.com/news/stories/0509/22794.html

Alan Grayson to introduce Paid Vacation Act
By ERIKA LOVLEY | 5/21/09 4:28 AM EDT
The legislation would be the first to make paid vacation time a requirement under federal law.

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Rep. Alan Grayson was standing in the middle of Disney World when it hit him: What Americans really need is a week of paid vacation.

So on Thursday, the Florida Democrat will introduce the Paid Vacation

*** end quote ***

Argh!

What about the unemployed and retired?

Surely, it’s only fair that the Federal Gooferment pay them to vacate as well.

Argh!

This is a hidden tax. It’s unavoidable; hence it’s a tax.

This is an intrusion into the the employment contract. Employer offered and employee accepted. Now here comes Mommy Government to stick its nose in.

Does this mean that the Yankees have to give Alex R a week of paid vacation? He’ll just get into more trouble.

Why limit it to 100 person business? Because then we can’t see the damage!

At the margin, how many businesses will it kill. THe ones holding on by their fingernails financially.

Why don’t we give the congress critters a permanent vacation? Never reelect anyone! Ever!!

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MONEY: Personal Finance Know It All

Thursday, May 7, 2009

http://lifehacker.com/5244024/free-50+page-pdf-of-the-simple-dollars-best-advice

Free 50-Page PDF of The Simple Dollar’s Best Advice
By Kevin Purdy, 7:00 AM on Thu May 7 2009

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The Simple Dollar, an oft-Lifehacker-linked personal finance blog, is giving away a 50-page PDF, “Everything You Need to Know About Personal Finance on Just One Page.” Definitely worth the 4.4 MB download.

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Now I’m no fan of a 4 meg pdf. But, it’s free. (My favorite price!) And this is one of my “usually reliable” sources.

FYI, do what you want. You will anyway.

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POLITICAL: What can the gooferment do for us?

Monday, May 4, 2009

http://www.gold-eagle.com/editorials_08/mladjenovic042309.html

At The Heart Of America’s Economic Problems
Paul Mladjenovic

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   1. Put an immediate freeze on government spending at all levels.

   2. Let failed enterprises (banks, auto companies, etc.) go out of business.

   3. Make it much easier to start a business.

   4. Put severe restrictions on money supply growth.

   5. Cut taxes at the federal, state and local level.

*** end quote ***
If the gooferment wanted to jump start the economy, all they have to do is get out of the way.
Read the entire article for a great set of thoughts about our problems.
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MONEY: Watch an old quizz show

Sunday, May 3, 2009

Just for an “economics lesson”, watch an old “Let’s Make A Deal” on Game Show Network. Pick any episode. They’re all from the Sixities. Watch for the final prize giveaway. It’s usually a car. Guess the price?

A beautiful Buick LeSabre. Base price 3,000 dollars.

Different dollars!

It makes you laugh!

But, it should make us all cry.

Some store of value.

In 40 years, will people be looking back wistfully about what a dollar could buy!

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MONEY: “Counterfeit” money

Monday, April 27, 2009

http://www.dailyreckoning.com/demand-for-gold-is-in-mint-condition/

Demand for Gold is in Mint Condition
By The Mogambo Guru

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04/20/09 Tampa Bay, Florida MoneyNews.Newsmax.com had the interesting headline “Mints Rush to Meet Gold Coin Demand.” It starts off with a blockbuster statement, namely that the world is in “crisis mode”. In fact, a report by The Independent in the United Kingdom notes, “With the world economy now in crisis mode, gold coin production is rising” all over the place, with the result that, “As investor appetite for gold increases worldwide, nations which mint coins of the precious metal have hiked production to satisfy the growing demand.”

In fact, demand for gold is so high that “Sales in the United States of the one-ounce gold American Eagle coin, minted from gold bullion, soared more than 400 percent in 2008 over previous sales to 710,000 ounces” which seems like a lot until you remember that the gold mines of the world produce about 80 million ounces of new gold per year, and so 710,000 ounces ain’t really squat, in the Big Scheme Of Things (BSOT).

Even so, a spokesperson for the U.S. Mint said, “Demand for gold and silver has been unprecedented”, although you would hardly know it from my field research, where I randomly accost people on the street and ask them, “Hey! You! Are you buying and/or holding large quantities of gold as a defense against the ruinous inflation in prices that your own stupid government is causing by deficit-spending almost $2 trillion this year alone, when the GDP of the Whole Freaking Country (WFC) is only about $14 trillion, or are you some kind of moron that can’t even answer a simple question?”

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Hard to imagine how this “train wreck” in Washington is going to result in anything good for the common people. Many of the economists, who profess the Austrian School, know that without gold as money, the “Sovereign” (i.e., the King in the old days; the FED today) will debase the “currency” to the detriment of The People.

Go to the Smithsonian. See the Smithsonian exhibit of French Franc throughout history. From the hockey puck of gold from Louis 1 to the paper thin collar button of Louis XVII! It’s a visual of what every gooferment does with its power to define money for us.

We, The People, need to define for ourselves what money is. And it needs to be anchor is a value that can’t be “counterfeited” by any “Sovereign”!

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MONEY: Tax avoidence; technology style

Thursday, April 23, 2009

http://www.thelibertypapers.org/2009/04/16/keeping-what-what-we-make-away-from-the-tax-man/

April 16, 2009
Keeping What What We Make Away From the Tax-man
by tarran

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The story of the 20th and 21st centuries are, if nothing else, the capture of the banking system by the state. It is becoming increasingly difficult for people to amass wealth that is securely theirs. Bank accounts can be confiscated. Their money can be held hostage via a banking holiday. Regulators can learn intimate details of the private affairs of individuals by reviewing the banks’ records.

Those of us who wish to reverse the trend towards an ever more powerful and intrusive state must take the lead to restoring the ability of people to stockpile savings.

How can we do this? There are several ways:

   * Create new forms of money that are easily stockpiled. This does not have to be gold and silver, but can be things like cell-phone minutes

   * Create new markets to trade without interference

   * Create new systems for storing forms of money safely

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Gold is best!
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