UPDATED: Gold Is Bad For Government Health (Remember Executive Order 6102)

Business,Debt,Economy,History,Individual Rights,Inflation,John McCain,Regulation,Rights,Socialism,The State


The health scare bill is the gift that just keeps giving—giving-up individual freedoms to government. From a “TAX ON INDIVIDUALS WITHOUT ACCEPTABLE HEALTH CARE COVERAGE” to a “SURCHARGE ON HIGH INCOME INDIVIDUALS” to “STUDENT LOAN REFORM”; it’s all there, designed to leave little room for voluntary, peaceful exchanges. But we missed another provision among the thousands of sections the H.R.4872 Reconciliation Act of 2010 sports:

A “tack-on provision to the law that puts gold coin buyers and sellers under closer government scrutiny.”

Gold is a necessary financial hedge in the survival on the road to serfdom.

UPDATE (July 24): Gold Confiscation coming? FDR, idolized by BHO and McMussolini alike—by almost all offshoots of the duopoly, in fact—forbade “the Hoarding of Gold Coin, Gold Bullion and Gold Certificates” at pains of punishment: a fine of “not more than $10,000, or “imprisoned for not more than ten years or both.”

4 thoughts on “UPDATED: Gold Is Bad For Government Health (Remember Executive Order 6102)

  1. Derek

    One of the major debating points over health care reform was our side’s insistence on reading the entire bill before the vote. To which the other side reacted with ridicule. Yet, the NAFTA legislation back in the 1990s was also excessive, and only after its passage were provisions discovered that caused some who had voted for it to express regret that they did not know what was in the original bill.

    How many more times will legislators be able to use the excuse that they weren’t able to read the bill because it was too long? How many more times will we be told that everyone will just have to wait for the bill to be passed before we know what’s in it?

    Imagine what the Constitution and Bill of Rights would look like if it were written today.

  2. james huggins

    When is enough going to be enough? Governments at all levels spends our money like it was water while exempting favored classes from paying taxes. Fewer and fewer footing more and more bills for more and more non tax paying drones and more and more outrageous government spending. Like I said, when is enough going to be enough?

  3. John Danforth

    And so the government will drive a good portion of the gold and silver economy into the black market.

    They will continue to push until we simply refuse to comply.

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