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#1
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Founder of Liberty Dollar Jailed
Bernard von NotHaus Founder of precious metals based barter currency called
the Liberty Dollar (also known as the Ron Paul dollar) was thrown into a Federal rape cage for daring to offer people a voluntary alternative to the inflation-prone government-cut toilet paper called the US dollar. www.LibertyDollar.org and related sites thrown in memory hole "due to court order" |
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#2
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Founder of Liberty Dollar Jailed
So printing a worthless piece of paper and claiming it's money, in
violation of the Consitution is Legal. But striking coins out of .999 silver with an actual intrinsic value is a crime worth jail time. |
#3
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Founder of Liberty Dollar Jailed
"Steve" wrote in message ... So printing a worthless piece of paper and claiming it's money, in violation of the Consitution is Legal. Please cite federal *case law* to document that. Surely this question must have reached SCOTUS or an Appeals Court at least once or twice and been decided. Even the Founding Fathers issued Continental Dollars. True, that didn't go so well, but paper money as been with us a long, long time. But striking coins out of .999 silver with an actual intrinsic value is a crime worth jail time. Yes. Only Congress has the authority to print and coin money. Bernie Nuthaus was clearly trying to coin money, even if only "as an act of protest" or whatever. Any cover story to the contrary from Nuthaus is a wink and a nudge that doesn't pass the smell test. There are a gazillion ways to protest against the FRS and a gazillion ways to mint silver rounds without breaking the law. This wasn't one of them. |
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Founder of Liberty Dollar Jailed
On Dec 3, 11:19*am, "mazorj" wrote:
"Steve" wrote in message ... So printing a worthless piece of paper and claiming it's money, in violation of the Consitution is Legal. Please cite federal *case law* to document that. *Surely this question must have reached SCOTUS or an Appeals Court at least once or twice and been decided. Even the Founding Fathers issued Continental Dollars. *True, that didn't go so well, but paper money as been with us a long, long time. But striking coins out of .999 silver with an actual intrinsic value is a crime worth jail time. Yes. *Only Congress has the authority to print and coin money. *Bernie Nuthaus was clearly trying to coin money, even if only "as an act of protest" or whatever. *Any cover story to the contrary from Nuthaus is a wink and a nudge that doesn't pass the smell test. There are a gazillion ways to protest against the FRS and a gazillion ways to mint silver rounds without breaking the law. *This wasn't one of them. The Liberty Dollars are a VOLUNTEER alternative currency. Nobody has to accept them. The Federal Reserve Notes MUST be accepted "for all debts, public and private." |
#5
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Founder of Liberty Dollar Jailed
"Steve" wrote in message ... On Dec 3, 11:19 am, "mazorj" wrote: "Steve" wrote in message ... So printing a worthless piece of paper and claiming it's money, in violation of the Consitution is Legal. Please cite federal *case law* to document that. Surely this question must have reached SCOTUS or an Appeals Court at least once or twice and been decided. Even the Founding Fathers issued Continental Dollars. True, that didn't go so well, but paper money as been with us a long, long time. But striking coins out of .999 silver with an actual intrinsic value is a crime worth jail time. Yes. Only Congress has the authority to print and coin money. Bernie Nuthaus was clearly trying to coin money, even if only "as an act of protest" or whatever. Any cover story to the contrary from Nuthaus is a wink and a nudge that doesn't pass the smell test. There are a gazillion ways to protest against the FRS and a gazillion ways to mint silver rounds without breaking the law. This wasn't one of them. The Liberty Dollars are a VOLUNTEER alternative currency. Nobody has to accept them. The Federal Reserve Notes MUST be accepted "for all debts, public and private." Wrong. http://www.ustreas.gov/education/faq...l-tender.shtml Just because something is legal tender doesn't mean that it must be accepted. That's why stores can refuse large bills or even refuse all cash payments. It just means that the bill or coin is a legal tendering of lawful money in the amount denominated when tendered by the holder to a seller. The main practical effect is that if someone accepts your FRN as payment, he cannot come back later and claim that the debt was not satisfied because he doesn't want or does not recognize FRNs as lawful money. So the fact that Liberty Dollars can be refused doesn't put them in some special exception category. Even if you were right it would be a meaningless distinction. Counterfeit bills can serve as a "volunteer alternative currency" if you are foolish enough to accept them. But as with the Liberty Dollars, it is illegal to use them as money even when they are "voluntarily accepted" as legal tender. |
#6
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Founder of Liberty Dollar Jailed
On Dec 3, 1:15*pm, Steve wrote:
On Dec 3, 11:19*am, "mazorj" wrote: "Steve" wrote in message ... So printing a worthless piece of paper and claiming it's money, in violation of the Consitution is Legal. Please cite federal *case law* to document that. *Surely this question must have reached SCOTUS or an Appeals Court at least once or twice and been decided. Even the Founding Fathers issued Continental Dollars. *True, that didn't go so well, but paper money as been with us a long, long time. But striking coins out of .999 silver with an actual intrinsic value is a crime worth jail time. Yes. *Only Congress has the authority to print and coin money. *Bernie Nuthaus was clearly trying to coin money, even if only "as an act of protest" or whatever. *Any cover story to the contrary from Nuthaus is a wink and a nudge that doesn't pass the smell test. There are a gazillion ways to protest against the FRS and a gazillion ways to mint silver rounds without breaking the law. *This wasn't one of them. The Liberty Dollars are a VOLUNTEER alternative currency. *Nobody has to accept them. *The Federal Reserve Notes MUST be accepted "for all debts, public and private." Actually, Steve, FRNs are "Legal tender for all debts, public and private." If I choose NOT to accept FRNs and prefer another method of payment (e.g., coins or even Liberty Dollars), that's between my client/customer and me. Jerry |
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