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RE: [rlccef] : Nullify Now Jacksonville - End the Fed

From: user 4.
Sent on: Sunday, September 18, 2011 12:16 PM
Scott --

Ideally, yes, sound money of gold and silver is best. But is there any gold left to denominate as dollars? Or has it been looted & replaced with titanium bars painted with gold-colored paint? What if there isn't any golds left? What do we do then?

Even if there is any gold left, there are enough eurodollars / petrodollars / TARP dollars / QE FRN Dollars out there floating around that the conversion rate will have to be at least $60,000 FRN to the troy oz. gold, or close to $4,000 FRN to the troy oz. silver. 
I don't see that happening soon.

Steve







--- On Sun, 9/18/11, Scott Ellis <[address removed]> wrote:

> From: Scott Ellis <[address removed]>
> Subject: RE: [rlccef] : Nullify Now Jacksonville - End the Fed
> To: [address removed]
> Date: Sunday, September 18, 2011, 12:08 AM
> I’d
> not worry about Germany and the Euro – the breakup is
> inevitable.  The European countries that work are tired
> of paying for the European countries that play.
>  High
> inflation means your dollars buy less.  Hyperinflation
> means they buy nothing.  Best bet is still to have a
> small place in the hills and stock it up.  In Florida
> you always store for two weeks (hurricane) and maybe two
> months (deadly flu epidemic).  That’s it. 
> In a real crash having a whole lot of food does you no good,
> it will just be looted.
>  Scott
>  From:
> [address removed] [mailto:[address removed]] On
> Behalf Of Virginia Zalnoski
> Sent: Saturday, September 17,[masked]:28 AM
> To: [address removed]
> Subject: Re: [rlccef] : Nullify Now Jacksonville -
> End the Fed  Scott,
> I was reading an article the other day about the euro and
> how some countries are going to give up the euro,
> which stated the "Euro break-up"  It
> said that if Germany, were to leave the euro, the
> consequences would include corporate, default,
> recapitalization of the banking system and the collapse of
> international trade. there
> are some countries now that almost seem like they are
> on the teetering of abandoning the euro. I know Germany is a
> strong country, but if they abandon the euro we
> are SOL. Do
> you know what it is like trying to tell close friends and
> even my own family of the pending doom that may come? No one
> believes me. No one believes me when I tell them to store
> food, have materials ready as if you were planning for a
> disaster? No one believes or they just look the other
> day.Changing
> the subject, what you said about gold not losing its values.
> I have often thought, that if hyperinflation comes, what
> ever mutual funds or Ira's...or anything in the stock
> market, if hyperinflation means  that if even though we
> have a retirement plan, it could take a whole lot of money
> just to buy a loaf of bread (example) so your money that you
> live on isn't worth what you have to buy things when
> America tanks out? 
> I hope you understand that...it is more of a question maybe
> you could answer. Simply put, mutual funds, Ira's , and
> whatever else, will have a lesser dollar
> devalue?
>  From:
> Scott Ellis <[address removed]>
> To: [address removed]
> Sent: Friday, September 16,[masked]:09 PM
> Subject: Re: [rlccef] : Nullify Now Jacksonville -
> End the Fed
> 
> 
> Gold has real value.  It cannot be grossly
> inflated.  It can only be inflated through discovery,
> and the last major gold inflation was courtesy the Incas and
> Aztecs.  You had minor gold inflation in 1849 in
> California and 1890's in South Africa and Alaska, but
> gold production anymore is laborious, the easy pickings are
> done.
> 
> My point is I do not believe in any monetary policy,
> period.  Monetary 'policy' means government
> manipulation.  100% gold cannot be manipulated.
> 
> A 'basket of commodities' to me is like a paper
> currency made of several different government, also known as
> a Euro, and watch that tank in a few months.
> 
> 
> Abolishing the Fed and replacing it with US dollars
> denominated in gold (and the gold has to be in hand or in
> coin) is the first step.
> 
> Anything else is just fiat paper, simply replacing green
> toilet paper with red toilet paper.
> 
> Scott
> 
> ---------- Original Message
> --------------------­--------------
> From: Peter Fusscas
> <[address removed]>
> Reply-To: [address removed]
> Date:  Fri, 16 Sep[masked]:04:00 -0400
> 
> Yes it would
>   But would an ever fluctuating global demand and
> supply for gold
> outside our control make for an independent monetary
> policy?
> Ron Paul has backed off on a gold standard preferring a
> "basket" of
> commodities of which gold is one.
> Wouldn't  limiting the scope and authority of the
> Fed be a necessary
> first step in any public policy decision?
> Peter
> 
> 
> On 9/16/2011 6:28 AM, Scott Ellis wrote:
> >
> > A gold standard sets a monetary policy totally
> independent of politicians and government.
> >
> >
> > ---------- Original Message
> --------------------­--------------
> > From: Peter Fusscas<[address removed]>
> > Reply-To: [address removed]
> > Date:  Thu, 15 Sep[masked]:47:24 -0400
> >
> > The Feds job is not to stimulate the economy or save
> foreign banks from
> > insolvency. It is to stabilize prices and the value of
> the currency.
> > It's scope was greatly expanded and now needs to
> be limited.
> > History is replete with politicians politicizing the
> currency and having
> > the counties fail. We don't need that.
> >
> > In modern times see Chile, Argentina, Brazil,
> Zimbabwe,
> > You need an independent Fed limited in scope but
> outside the greedy paws
> > of the politicians..
> > Peter
> >
> > On 9/15/[masked]:09 AM, Stuart Grant wrote:
> >> Peter, in light of the Feds first two quantitative
> easing programs and the third one going on below the radar,
> can you explain in what way the Fed is independent? 
> Seems to me it's independence is only from the interests
> of the taxpayers whose spending power it is debasing to prop
> up the interests of a few.
> >> This is the independence of thief, not of a public
> service provider.
> >>
> >> On Sep 15,
> 2011, at 9:11 AM, Peter Fusscas<[address removed]> 
> wrote:
> >>
> >>> Bob
> >>> To be honest. I am not for eliminating the Fed
> only limiting their power and scope and  providing
> transparency.
> >>> I sure in hell don't want politicians and
> "Big government" setting monetary policy. Bad now,
> fatal then.
> >>>
> >>> Peter
> >>>
> >>> On 9/15/2011 8:10 AM, Bob White wrote:
> >>>> Another great reason to attend Nullify
> Now! See you there!
> >>>> Bob White
> >>>> Sent on the Sprint® Now Network from
> my BlackBerry®
> >>>>
> >>>> -----Original Message-----
> >>>> From: Florida Tenth Amendment Center<[address removed]>
> >>>> Date: Thu, 15 Sep[masked]:53:02
> >>>> To:<[address removed]>
> >>>> Subject: Nullify Now Jacksonville - End
> the Fed
> >>>>
> >>>>
> >>>>
> >>>>
> >>>>
> >>>>           
>                
>                
>         Email not displaying correctly?
> View it in your browser.<http://us1.campai...;­
> >>>>
> >>>>           
>                
>                
>         <http://gallery.ma...;­
> >>>>
> >>>>        Nullify Now
> comes to Jacksonville, FL
> >>>>        End the Fed
> >>>>
> >>>>
> >>>>
> >>>>
> >>>>           
>     From the Great Depression, to the stagflation
> of the seventies, to the current economic crisis caused by
> the housing bubble, every economic downturn suffered by this
> country over the past century can be traced to Federal
> Reserve policy.        It's time to
> put that to an end.  At Nullify Now! Jacksonville,
> we'll share with you a new plan gaining momentum around
> the country to End the Fed from the bottom up.  Through
> Thomas Jefferson's principle of Nullification, your
> state CAN and MUST put a stop to this...
> >>>>        Get all the
> info here:
> >>>>        http://www.nullif...;­
> >>>>        *******
> >>>>        The United
> States Constitution grants to Congress the authority to coin
> money and regulate the value of the currency. The
> Constitution does not give Congress the authority to
> delegate control over monetary policy to a central bank.
> Furthermore, the Constitution certainly does not empower the
> federal government to erode the American standard of living
> via an inflationary monetary policy.
> >>>>        And, in Article
> I, Section 10 of the Constitution, states are not allowed to
> "make any Thing but gold and silver Coin a Tender in
> Payment of Debts."
> >>>>        Obviously, that
> hasn't been on the table for a long time.  Until
> now.
> >>>>        Just this year,
> Utah passed a state-level Constitutional Tender Act, and up
> to 15 others are expected to consider the same in the 2012
> legislative session.  Upon going into effect, the
> Constitutional Tender Act introduces currency competition
> with Federal Reserve Notes, by outlawing their use in
> transactions with the State. Ordinary citizens of the State,
> being required to pay their State taxes in gold and silver
> coins, would find it necessary to open bank accounts in
> those denominations.
> >>>>        Such a new
> tactic could achieve the desired goal of abolishing the
> Federal Reserve system by attacking it from the "bottom
> up" - "pulling the rug out from under it," by
> working to make its functions irrelevant at the State and
> local level.
> >>>>        At Nullify Now!
> Jacksonville, you'll learn:
> >>>>        -- All about
> the Constitutional Tender Act (CTA), a state-level
> nullification bill that can be introduced all over the
> country.  It makes competition with Federal Reserve
> Notes, creating a climate where people cna not only learn about
> sound money, but see its effect in everyday life.
> >>>>        -- What
> Nullification is - Thomas Jefferson's "rightful
> remedy" - state-level responses to unconstitutional
> acts, regulations, mandates from the federal
> government.  You'll get the constitutional basis,
> it's historical use, and more.
> >>>>        -- Which states
> are already considering the CTA - which are ripe for
> passage where you can help get this passed.
> >>>>        -- How
> Nullification is already being used on other issues all over
> the country.  It's being used effectively
> too.      Learn the blueprint on how your
> state can stop DC...and more importantly, the federal reserve's endless
> assault on your economic freedom.
> >>>>        You'll see
> 10 great speakers, including Jack Hunter, Thomas E. Woods,
> Jr (TBC) and
> others.      Get tickets, details, and more
> at this link - and please share this information widely! http://www.nullif...;­
> >>>>
> >>>>
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