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Thread: The Liberty Dollar & other forms of currency

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    Default The Liberty Dollar & other forms of currency

    Not sure what rock I was hiding under in 2007, but I missed this for sure.

    http://www.libertydollar.org/ld/legal/uglytruth.html







    As long as the currency wasn't "United States" currency, or backed by "The United States", Im not really sure how this was illegal currency?

    Gold & Silver are valuable where ever you go...

    I see it no different than token tickets you get at Chuck E Cheese's.

    Those tickets are a form of currency, are they not? Ever tried to use United States Dollars to buy prizes from the prize counter? WON'T HAPPEN.

    So this got me thinking. What would happen if you had a group of citizens, either in a club, neighborhood, or some other collective, that had their own currency traded amongst them selves.

    Precious metal hand struck coins for instance....

    "I'll mow your lawn for $5 in freedom coins. Your United States paper money is worthless to me..."
    "Performance is nothing without elegance and elegance is nothing without precision."


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    Default Re: The Liberty Dollar & other forms of currency

    You've not read Molon Labe yet, have you?


    Also:
    Just bought some silver coins today, thankyouverymuch.



    (also: di'jya get my message on FB?)

    "When plunder becomes a way of life for a group of men in a society, over the course of time they create for themselves a legal system that authorizes it and a moral code that glorifies it." - Frederic Bastiat, The Law

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    Default Re: The Liberty Dollar & other forms of currency

    Yea, old news but a clear abuse of government power. Any company has the right to mint coins, just not US currency. I read the whole story about it when the raids were going on and they seized the inventory and threw the owner in jail.
    >>I will no longer respond to tech questions via PM. If you have a question, put it on the forum so everyone benefits from the answer.<<


    Mike "Nightmare" Donohue

    "Stupidity is permanent and often fatal, Ignorance is curable with education..." -- Me

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    Since the beginning of recorded history, which is defined by the invention of writing by the Sumerians around 6,000 years ago, historians have cataloged over 3700 supernatural beings, of which 2870 can be considered deities. I donít believe in 2,870 gods, and you donít believe in 2,869. You're nearly as much of an Atheist as I am.

    Government is a good thing: Through correct principles, I govern myself.

    Public Notice: Contrary to popular belief, I do not consider everybody who disagrees with me to have brain damage. Those who don't have brain damage will be able to explain and justify their points of view in a logically defensible way. That's the way the Rational Discourse game is played. If you don't want to play the Rational Discourse Game, don't expect anybody (least of all me) to take you seriously.

    Quote Originally Posted by jetjock View Post
    If you drive like that on public streets I won't be disappointed if, as long as you were alone, they one day hose you out of a twisted mass of smoking metal into a bucket and melt what's left of your car down into tuna cans.

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    Default Re: The Liberty Dollar & other forms of currency

    Quote Originally Posted by DreamerTheresa View Post
    You've not read Molon Labe yet, have you?


    Also:
    Just bought some silver coins today, thankyouverymuch.



    (also: di'jya get my message on FB?)
    I got about 1/4 of the way through it and that little fat bastard Quinn "borrowed" it from me and got the whole book wet. He still owes me the fuggin book.

    I have a shit ton of copper in my shop thats about to go into the crucible to be melted down into 1oz coins or bars.

    I did. I would love the copy. You have addy or no?

    Quote Originally Posted by Supracentral View Post
    Yea, old news but a clear abuse of government power. Any company has the right to mint coins, just not US currency. I read the whole story about it when the raids were going on and they seized the inventory and threw the owner in jail.
    Old news undiscovered is new news to me. I hear the guy and the other 3 people involved are still in jail. No bail or time table set.
    "Performance is nothing without elegance and elegance is nothing without precision."


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    Default Re: The Liberty Dollar & other forms of currency

    What a wonderful government we live under!


    doG forbid those thugs get any "competition..."

    "When plunder becomes a way of life for a group of men in a society, over the course of time they create for themselves a legal system that authorizes it and a moral code that glorifies it." - Frederic Bastiat, The Law

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    Default Re: The Liberty Dollar & other forms of currency

    Quote Originally Posted by MDCmotorsports View Post
    Old news undiscovered is new news to me. I hear the guy and the other 3 people involved are still in jail. No bail or time table set.
    That's one of the travesties of this... Since the law states "set no unreasonable bail" the government has decided that not setting bail at all is a better option. Lately, they've been threatening the owner by telling him that he'll need to "remove 90% of the content on the Liberty Dollar site" in order to post an appearance bond (bail).

    Does that sound like the legal system you want to live under? Is holding someone against their will, with no bail set, as a means to censor them sound like the government described in our Constitution? Why would a court system need to censor a defendant in a system where the facts are supposed to support the outcome of the trial?

    Our government is Frankenstein's Monster, power run amok, it has grown far beyond the limits that were designed to contain it, at this point it does more harm than good. As I've said in the past, most people believe that the Constitution exists to protect us from government. I believe this to be not only untrue, but the opposite of its intent. I believe that the Constitution exists to protect government from us. As long as government follows the blueprint laid down in the Constitution, its continued existence is assured. Now that it has gone beyond the boundaries in that document, our government is now at risk. If we the people don't abolish or change it, it will self destruct as those boundaries in the Constitution also lay out a path for a sustainable government.
    >>I will no longer respond to tech questions via PM. If you have a question, put it on the forum so everyone benefits from the answer.<<


    Mike "Nightmare" Donohue

    "Stupidity is permanent and often fatal, Ignorance is curable with education..." -- Me

    Frequently Asked Supra Questions: Rod Knock - HKS WG Springs - Injector Sizing - What is A/R? - Buy a TSRM - HKS HG FAQ - AFPR - Machinist - Overboring - Vac Diags - Motor Oil - Seafoam - Spark Plugs - Air Filters - V6 vs. I6 - Solder vs. Crimp Connectors - How to make power - Stroker Motors - Unreliable 7M's? - Piston Slap - Home made race fuel - Budgeting a build - Tuning and Vf

    Frequently Asked Forum Questions: What will get you banned? - Posting and you - Ideals - Membership - Usage - BBCode - Smiles - Scammers - How to make thumbnails - History

    Other Bullshit: Global Warming - Global Warming Facts - Religion & Politics - Collectivism -War On Drugs - Founding fathers were Diests - Religion and The Constitution - Size of the Federal Gov't - Canadian Healthcare - Socialists -European opinons of the U.S. - U.S. standard of living - U.S. - the worlds best customer - Modern Education - A Government created problem - Environmentalism is a big problem - Taxes - Socialism death toll - Can't afford healthcare? - I am my own god - Atlas will shrug - Not paying a "fair share"? - Income taxes are not a necessity - How to succeed, a 60 second lesson - How a liberal approaches facts. - Who is responsible for the financial crisis? - You asked for it. - Understanding Women - Understanding Men - Personal question? Answer is probably here. - Why I carry a gun. - Fuck the rich? - US Politics in a nutshell - The one principle that matters - Why anarchy is a fools errand - This is what it feels like to be me. - Living an awesome life - The crash is coming

    Since the beginning of recorded history, which is defined by the invention of writing by the Sumerians around 6,000 years ago, historians have cataloged over 3700 supernatural beings, of which 2870 can be considered deities. I donít believe in 2,870 gods, and you donít believe in 2,869. You're nearly as much of an Atheist as I am.

    Government is a good thing: Through correct principles, I govern myself.

    Public Notice: Contrary to popular belief, I do not consider everybody who disagrees with me to have brain damage. Those who don't have brain damage will be able to explain and justify their points of view in a logically defensible way. That's the way the Rational Discourse game is played. If you don't want to play the Rational Discourse Game, don't expect anybody (least of all me) to take you seriously.

    Quote Originally Posted by jetjock View Post
    If you drive like that on public streets I won't be disappointed if, as long as you were alone, they one day hose you out of a twisted mass of smoking metal into a bucket and melt what's left of your car down into tuna cans.

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    Default Re: The Liberty Dollar & other forms of currency

    So do you run, or is there a fight to be fought?
    "Performance is nothing without elegance and elegance is nothing without precision."


    Im here, but the business is gone.

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    Default Re: The Liberty Dollar & other forms of currency

    Quote Originally Posted by MDCmotorsports View Post
    So do you run, or is there a fight to be fought?
    In all honesty, here's the scenario I think will play out in the not too distant future:

    • Government will continue to spend out of control. Even if there's a landslide election in November that routs the Democrats out of office, the Republicans will simply "spend less" but will keep spending. There is no hope for a third party, government education and our mass media have ensured that our populace will never make the intelligent choice.
    • The cost of the interest on the national debt and the entitlement programs as they currently stand alone will consume the entire tax revenue of the US Government. The Congressional Budget Office has already predicted this.
    • Faced with raising taxes to unsupportable levels or defaulting on the nations debts, the government will simply start printing more fiat currency to cover the unavoidable payments they do not have the money to pay. Due to the way Congress has jury rigged the laws, in many cases they will find that there is no way to repeal the legislation that creates the entitlements, even if they are willing to commit political suicide to do so. Even without the entitlements, the interest on the debt is enough to crush the US economy. We are already in more debt than we can repay.
    • All of this in turn will cause runaway inflation. Triple digit inflation for certain, quadruple digit likely and runaway inflation highly possible. Think the Zimbabwe Dollar which ended circulation when inflation hit a mind boggling 231,000,000%
    • Unemployment will skyrocket, those who remain employed will soon realize that going to work is pointless if you are being paid in worthless currency.
    • Factories will close. Businesses will close. Commerce will grind to a halt. With gasoline prices skyrocketing, the transportation industry will be unable to stay afloat. Even those trucks that do move will be subject to hijacking by desperate people.
    • When things go to shit, many members of law enforcement and the military will simply not show up for work, preferring to stay home and take care of their families, especially when they are also being paid in the same worthless currency.
    • The entire US financial system will collapse.
    • In areas like the east cost cities, California and places like Hawaii or Alaska where it is impossible to feed the populace without importing massive amounts of food, riots will start. Order will break down rapidly in these areas.
    • Remember, California needs forced irrigation - it can't really feed itself without it. Industrialized farming will fail. That's the majority of how we produce food. We've crushed the individual farmer. He can't make a buck today, and he won't be there tomorrow when we need him most. The food that is harvested won't be able to get to the population centers. Food will rot in the midwest while people starve in the cities.
    • Even with the overwhelming size of the US government and the ludicrous size of our police forces, they will be unable to quell the chaos, law and order will break down.
    • The US will descend into lawless chaos, the government will for all intents and purposes, collapse.
    • Local dictators will arise, many former state and local governments will become tyrannical in a desperate attempt to maintain order. The might makes right crowd will try, unsuccessfully, to crush any and all they see as "enemies of the state". The well armed and well prepared will be their primary targets.
    • They will succeed in destroying the very people who would help them maintain order. In the end, government will do more damage than good as things collapse.
    • The US will be reduced to ruin, overrun by looters and every sort of criminal you can imagine. Cannibalism will not be unheard of.
    • Since so much of the worlds economy relies on the spending of the US, going elsewhere won't be a realistic option.
    • Those who are ill prepared for this will not last long.


    First and foremost, stop to consider that we didn't even stop adding states to this nation until 100 years ago. We haven't been around that long. While we did, at one point, have the brightest future, our politicians and populace have destroyed that. The US isn't something eternal that has stood the test of time. The US dollar, when backed by gold, was considered the best currency you could get your hands on. Today it is a joke, tomorrow it won't be worth the paper it's printed on.

    Also understand that no nation in history has EVER spent itself into the level of debt we currently have. We're in unprecedented territory, and we're going to see unprecedented backlash as a response to it.

    Moreover, the stock market crash of 1929 won't happen this time, it will be gradual as the laws put in place to halt a crash will simply stretch it out over time. It won't happen in a day, but over a period of weeks or months, but it will happen. You'll see a DJIA of 1500 - 2000 easy before trading stops. People who have money in the market won't be able to get it out. When they do sell, no one will be buying, and if they do manage to sell, it will be paid in worthless currency at a fraction of it's original value. What good is $10 worth of stock when a loaf of bread is $150 and gasoline is $100 a gallon? Just as we've seen the mass creation of "fake" wealth over the last 50 years, you're going to see all that "fake" wealth dissolve into the make believe money that it is.

    People will make a run on the banks realizing that money in the bank is devaluing rapidly. They will want to get their hands on the cash to convert it into something of value. Due to the FDIC insurance of $200,000 per account, the government will just print and print and print to get people the money they must provide them by law. The currency will be worthless. ATMs and all forms of plastic currency won't work. Government will become more draconian, emergency powers will be granted, but nothing will stop the crash. It is, IMO, inevitable at this point.

    Is there a fight? Of course, the fight to ensure you have what you need to survive the above scenario. Right now it's a race against time for anyone who doesn't have substantial financial assets to invest into preparation.

    You asked...

    But then again, I'm just a paranoid nutcase. When I called Obama a Marxist I was called insane. When I laid out in detail how he, and this Congress would run us into the ground, I was laughed at.

    None of that came true, did it? Obama and this liberal Congress have been the savior of the US, right? The foreign wars are over, we all have free health care, unemployment is unheard of, our enemies now love us and we've got the best security we've ever had and we're in a period of unmatched economic growth... The government never ignored ignored the law and took over GM? Right? There's no way our Congress would pass socialized medicine, right? You're not watching this administration and congress run this nation into the ground? Right? Everything is just fine...

    Since I don't live in that fantasy land, my paranoid ass will simply continue to prepare for the worst. I will maximize my fiat currency and immediately convert it to something of value before this happens, hopefully there's enough time left to do so. It's simply a race against the clock at this point. I'm certain the outcome is inevitable.

    As I've said in the past, being able to say "I told you so" about all the things I've already accurately predicted doesn't make me feel any better. Being able to say it again won't help either. I'd love to be wrong, but I know I'm not. I wouldn't wish this on my worst enemy.

    How long? That I can't answer. It could be 6 months - it could be 6 years - it could be 60 years. But it will happen, it's inevitable.
    >>I will no longer respond to tech questions via PM. If you have a question, put it on the forum so everyone benefits from the answer.<<


    Mike "Nightmare" Donohue

    "Stupidity is permanent and often fatal, Ignorance is curable with education..." -- Me

    Frequently Asked Supra Questions: Rod Knock - HKS WG Springs - Injector Sizing - What is A/R? - Buy a TSRM - HKS HG FAQ - AFPR - Machinist - Overboring - Vac Diags - Motor Oil - Seafoam - Spark Plugs - Air Filters - V6 vs. I6 - Solder vs. Crimp Connectors - How to make power - Stroker Motors - Unreliable 7M's? - Piston Slap - Home made race fuel - Budgeting a build - Tuning and Vf

    Frequently Asked Forum Questions: What will get you banned? - Posting and you - Ideals - Membership - Usage - BBCode - Smiles - Scammers - How to make thumbnails - History

    Other Bullshit: Global Warming - Global Warming Facts - Religion & Politics - Collectivism -War On Drugs - Founding fathers were Diests - Religion and The Constitution - Size of the Federal Gov't - Canadian Healthcare - Socialists -European opinons of the U.S. - U.S. standard of living - U.S. - the worlds best customer - Modern Education - A Government created problem - Environmentalism is a big problem - Taxes - Socialism death toll - Can't afford healthcare? - I am my own god - Atlas will shrug - Not paying a "fair share"? - Income taxes are not a necessity - How to succeed, a 60 second lesson - How a liberal approaches facts. - Who is responsible for the financial crisis? - You asked for it. - Understanding Women - Understanding Men - Personal question? Answer is probably here. - Why I carry a gun. - Fuck the rich? - US Politics in a nutshell - The one principle that matters - Why anarchy is a fools errand - This is what it feels like to be me. - Living an awesome life - The crash is coming

    Since the beginning of recorded history, which is defined by the invention of writing by the Sumerians around 6,000 years ago, historians have cataloged over 3700 supernatural beings, of which 2870 can be considered deities. I donít believe in 2,870 gods, and you donít believe in 2,869. You're nearly as much of an Atheist as I am.

    Government is a good thing: Through correct principles, I govern myself.

    Public Notice: Contrary to popular belief, I do not consider everybody who disagrees with me to have brain damage. Those who don't have brain damage will be able to explain and justify their points of view in a logically defensible way. That's the way the Rational Discourse game is played. If you don't want to play the Rational Discourse Game, don't expect anybody (least of all me) to take you seriously.

    Quote Originally Posted by jetjock View Post
    If you drive like that on public streets I won't be disappointed if, as long as you were alone, they one day hose you out of a twisted mass of smoking metal into a bucket and melt what's left of your car down into tuna cans.

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    Default Re: The Liberty Dollar & other forms of currency

    looks like i need to get started on the new house soon
    ....that to cheat your way into a job bigger than your mind can handle is to become a fear-corroded ape on borrowed motions and borrowed time, and to settle down into a job that requires less than your mind's full capacity is to cut your motor and sentence yourself to another kind of motion: decay.....


    Ayn Rand


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    Default Re: The Liberty Dollar & other forms of currency

    What do you honestly believe will be the spillover into other countries like Canada and ones across the pond? What will happen with eastern powers like China, India, Russia and so on?

    With the crash and collapse of one empire will another appear and consolidate land and power, potentially annexing the lands fallen into chaos? I quite frankly dont believe in an endgame game over scenario, i think new world orders will arise. There are simply too many humans left on the world for things to flat out end, unless say the nukes fly in some crazed last ditch scorched earth type logic.

    Do you think Gold will be of any real value or will MRE's, magic fire devices and ass gasket be worth even more (A sign of the desparation level).

    I personally have four ideas on this:

    1. more simply we are all just crazy and paranoid and things blow over and the seriousness of the situation is bullshitted its way out. We have been through worse things, Medieval Plagues, Collapse of the roman empire, Collapse of the mongol empire, 2 World wars, the cold war with thousands of nukes ready to go and not to mention the great depression. I dont think i am too nuts to say the world and the human race has managed to find its way out through worse things.

    2. Things go bad, really bad and the very international world we live in decends into city states or even less. Every one is cut off and fighting to make basic ends meet, with some areas not that bad and other areas very brutal, violent and outright fights for survival. Hunting, farming, and gardening will be common place to keep food on the table. Making your own fuel for heating and transportation wont be uncommon and to put a humourous spin on things, toliet paper replacements will have to be used.

    3. Certain countries that can be closed off if they need to be take advantage of the situation and launch wars to take over the weakened areas, starting a series of brutal battles which allows flailing countries to rally to the cause to fight them off, starting some form of recovery at substantial loss of human life, creating a positive new world order, hopefully acknowledging and crushing the corruption that got them there.

    4. Corrupt people of power consolidate to rule over the weakened masses in a world of survival and disarray in a totalitarian new world order, hellbent on power and subjugation. With potential facist mentalities. Slavery, Torture and Ethnic Cleansing wont be unheard of, neither will certain forced religious beliefs or mindsets.

    Just some ideas. whats does everybody think?

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