The Federal Reserve Admits: We Have No Gold!

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NC Man Convicted Of Making And Selling His Own Silver Coins

Here are the links: Defendant Convicted of Minting His Own Currency, Liberty Dollar creator convicted in federal court

The Feds have called this an act of “domestic terrorism”.  This is outrageous! The man involved minted silver coins calling them “Liberty Dollars” as a hedge against inflation and a medium of exchange for people to use to buy or sell goods and services.  This was a  true form of exchange that would not lose its value like Federal Reserve Notes.

A possible case could be made for counterfeiting because he made the coins too similar government minted coins, but DOMESTIC TERRORISM?  This again proves we have out of control federal government!

On the idea of silver coins as a medium of exchange…In any deal both sides of the transaction know what the medium of exchange is and must agree.  If either the buyer or seller do not agree, then there is no sale.  Any number of things could be used as a medium of exchange from beans to band aides to a person’s manual labor.  As long as there is agreement on both sides of the transaction, the medium of exchange could be almost anything.

Who is the victim in this case?  It seems to me we all are…The Federal Reserve is stealing from the people by causing inflation (printing more money).  The dollar will soon be dumped as the world reserve currency, and we will see even greater price inflation.  This is a shame.

Teachers Staging Sick-Outs To Protest in Madison…So It’s Not Really About The Kids

Sorry, not the best video work…Some of the teachers are proud to admit they called in sick to protest.  They are proud to admit they shut down their district.  Some districts even colluded with the teachers unions to facilitate their districts teachers participation in the protest as two teachers admit in the video.  It is wrong for the teachers to use their students as they have, and the sick-outs are even against the law.  It sends a terrible message to students.

If you want to find out how many teachers in your district called in sick, submit an open records request to the district and see.  Remember this in April when referendum time comes along.  School District Open Records Request

Here is the link to see what teachers in your district make: Search Wisconsin Teacher Salaries

National Inflation Association Update

Quantitative Easing Explained

If you haven’t seen this video yet, it is worth your time.  It has been out for a while.  Thanks JK for bringing it to my attention!

NIA’s: The Day The Dollar Died and End The Fed

From The National Inflation Association – Sarah Palin Food Inflation Controversy

Here is the link: Sarah Palin Food Inflation Controversy

Food prices are out of control. Here is an excerpt from NIA’s story:

The U.S. government is currently printing money just to survive. The Federal Reserve has held the Fed Funds Rate at 0-0.25% for nearly two years and just announced that it will be printing an additional $600 billion in new U.S. dollars by the end of June 2011. Since the beginning of September until now, just in anticipation of the Fed’s upcoming quantitative easing, we have experienced the largest ever short-term increase in the history of agricultural commodity prices with corn rising by 32%, soybeans rising by 32%, orange juice rising by 12%, coffee rising by 19%, and sugar rising by 66%. These agricultural commodity price increases will begin to work their way into grocery stores nationwide in the weeks and months ahead, as food manufacturers and retailers are forced to raise their prices.