By This Definition, the Entire Administration is Full of Terrorists
Via Politico, from the liberty dollar trial
Attempts to undermine the legitimate currency of this country are simplya 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.
My guess is that QE2 and TARP and the stimulus did a lot more to undermine the US dollar than any efforts by Bernard Von NotHaus. I would rather accept his silver dollars than, say, the script handed out by the State of California last year when they ran out of money.
Don:
Now Warren, you know better than to hold them to their own standards.
March 21, 2011, 10:05 amRick Caird:
This is one of the weirder prosecutions but the prosecuting attorney is so proud of it she did a press release. There is no doubt the US dollar was not impacted in any measurable way by the Liberty Dollar. The Fed and Congressional spending, on the other hand, ...
March 21, 2011, 11:43 amJeff:
I await the indictment of Chuck E. Cheese for minting tokens....
March 21, 2011, 1:53 pmDan:
I notice that the wealthier I get, the more time I spend worrying about low rates causing the dollar's value to erode. And why is this? Because I have a lot of money saved, and I don't want to see it lose value due to inflation.
But I feel selfish about this, because the idea behind low rates is to help pump up the economy and create jobs, which a lot of people not as lucky as myself really, really need. Obviously, too much inflation is no good for anyone, rich or poor, but a little is needed in a healthy economy.
As someone who grew up a liberal Democrat and still leans that way on many issues, I'm having trouble reconciling these competing instincts.
March 21, 2011, 3:29 pmMatt:
Hey Dan, you oughta read Hazlitt's Economics in One Lesson:
http://tinyurl.com/6djr2er
Inflation is not necessary.
March 21, 2011, 5:24 pmEarlW:
Although California probably leads the world in script production, you probably meant scrip ;-)
March 21, 2011, 8:21 pmhttp://en.wikipedia.org/wiki/Scrip
MJ:
Does this mean that my Ameros are no good?
March 21, 2011, 10:39 pmel coronado:
probably just my paranoid imagination, but didn't that cute little "domestic terrorism" quip - that evidently no reporter challenged or questioned, seeing as how this is a democrat administration - didn't that just set up an informal precedent for government seizure (someday)(hopefully not TOO soon) of all privately owned gold & silver?
after all, in the final analysis, PM's ARE simply and undeniably "vehicles to undermine the the legitimate" - and increasingly worthless - "currency" (LOL) "of this country", are they not?
March 22, 2011, 9:36 am