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To: panaxanax

‘Barry will be making a big mistake if he tries to confiscate our gold in July.”

Our dear leader has no current intenetion to confiscate your gold. Open confiscation would lead to rebellion at least at the ballot box. This plan under the guise of protection is backdoor confiscation. You can keep the gold but trading it will be much more difficult. Some may benefit from this scheme but the masses will see less liquidity and lower value.


6 posted on 06/18/2011 1:58:36 PM PDT by businessprofessor
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To: businessprofessor

I’m sure Zero will be glad to give you a stack of his US of Kenyan bucks soon to be worthless.


8 posted on 06/18/2011 2:00:45 PM PDT by TigerClaws
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To: businessprofessor

You gold doesn’t help you if there is no functioning market and you cannot sell it.


22 posted on 06/18/2011 2:17:14 PM PDT by RatRipper (I'll ride a turtle to work every day before I buy anything from Government Motors.)
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To: businessprofessor
Open confiscation would lead to rebellion at least at the ballot box.

The only gold Odinga voters have is in their mouths.

This is why he can raise the highest tax rate to 100% because they don't pay any taxes, damn sure not the highest rate.

39 posted on 06/18/2011 2:32:34 PM PDT by Eaker (The problem with the internet, you're never sure of the accuracy of the quotes. Abraham Lincoln '65)
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To: businessprofessor
Our dear leader has no current intenetion to confiscate your gold. Open confiscation would lead to rebellion at least at the ballot box. This plan under the guise of protection is backdoor confiscation. You can keep the gold but trading it will be much more difficult. Some may benefit from this scheme but the masses will see less liquidity and lower value.

I agree with all of your points. For now. But I wonder at the next steps on this road. I wonder if the "zero tolerance" commissars will apply ATF-like fervor to setting up stings to catch felonious PM traders in the act, and so on. I would not be surprised.

(Meanwhile, outside every Federal Building, illegal SSNs and IDs are sold to illegal aliens, and federal agents pass them every day without noticing the ongoing false ID business. Some crimes they are paid not to notice.)

127 posted on 06/19/2011 4:58:11 AM PDT by Travis McGee (Castigo Cay is in print and on Kindle.)
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