[Home]  [Headlines]  [Latest Articles]  [Latest Comments]  [Post]  [Sign-in]  [Mail]  [Setup]  [Help] 

Status: Not Logged In; Sign In

Did Xi's Parade Flip The Script On US Defense Of Taiwan?

Cascade Volcanoes Show Weird Pulse Without Warning – Mount Rainier Showing Signs of Trouble!

Cash Jordan: Chicago Apartments RAIDED... ICE 'Forcibly Evicts' Illegal Squatters at 3AM

We are FINALLY turning the tide on 9/11 - The TRUTH is coming out | Redacted w Clayton Morris

Netanyahu SHAKEN as New Hostage Video DESTROYS IDF Lies!

We are FINALLY turning the tide on 9/11 VIDEO

Shocking Video Shows Ukrainian Refugee Fatally Stabbed On Charlotte Train By Career Criminal

Man Identifies as Cat to Cop

his video made her stop consuming sugar.

Shot And Bothered - Restored Classic Coyote & Road Runner Looney Tunes Cartoon 1966

How to Prove the Holocaust is a Hoax in Under 2 Minutes

..And The Legacy Media Wonders Why Nobody Trusts Them

"The Time For Real Change Is Now!" - Conor McGregor Urges Irish To Lobby Councillors For Presidential Bid

Daniela Cambone: Danger Not Seen in 40+ Years

Tucker Carlson: Whistleblower Exposes the Real Puppet Masters Controlling the State Department

Democrat nominee for NJ Governor, says that she will push an LGBTQ agenda in schools and WILL NOT allow parents to opt out.

Holy SH*T, America's blood supply is tainted with mRNA

Thomas Massie's America First : A Documentary by Tom Woods & Dan Smotz

Kenvue Craters On Report RFK Jr To Link Autism To Tylenol Use In Pregnancy

All 76 weapons at China 2025 military parade explained. 47 are brand new.

Chef: Strategy for Salting Steaks

'Dangerous' Chagas disease confirmed in California, raising concerns for Bay Area

MICROPLASTICS ARE LINKED TO HEART DISEASE; HERE'S HOW TO LOWER YOUR RISK

This Scholar PREDICTED the COLLAPSE of America 700 years ago

I Got ChatGPT To Admit Its Antichrist Purpose

"The CIA is inside Venezuela right now" Col Macgregor says regime change is coming

Caroline Kennedy’s son, Jack Schlossberg, mulling a run.

Florida Surgeon General Nukes ALL School Vaxx Mandates, Likens Them to Slavery

Doc on High Protein Diet. Try for more plant based protein.

ICE EMPTIES Amazon Warehouse… Prime Orders HALTED as ‘Migrant Workforce’ REMOVED


National News
See other National News Articles

Title: Competing currency being accepted across Mid-Michigan
Source: [None]
URL Source: http://www.connectmidmichigan.com/news/story.aspx?id=481793
Published: Jul 12, 2010
Author: by Dan Armstrong
Post Date: 2010-07-18 01:32:34 by DeaconBenjamin
Keywords: None
Views: 350
Comments: 5

New types of money are popping up across Mid-Michigan and supporters say, it's not counterfeit, but rather a competing currency.

Right now, you can buy a meal or visit a chiropractor without using actual U.S. legal tender.

They sound like real money and look like real money. But you can't take them to the bank because they're not made at a government mint. They're made at private mints.

"I sell three or four every single day and then I get one or two back a week," said Dave Gillie, owner of Gillies Coney Island Restaurant in Genesee Township.

Gillie also accepts silver, gold, copper and other precious metals to pay for food.

He says, if he wanted to, he could accept marbles.

"Do people have to accept dollars or money? No, they don'," Gillie said. "They can accept anything they want or they can refuse to accept anything."

He's absolutely right.

The U.S. Treasury Department says the Coinage Act of 1965 says "private businesses are free to develop their own policies on whether or not to accept cash, unless there is a state law which says otherwise."

That allows gas stations to say they don't accept 50- or $100 bills after a certain time of day in hopes of not getting robbed.

A chiropractic office in Lapeer County's Deerfield Township allows creativity when it comes to payment.

"This establishment accepts any form of silver, gold, chicken, apple pie, if someone works it out with me," said Jeff Kotchounian of Deerfield Chiropractic. "I've taken many things."

Jeff Kotchounian says he's used this Ron Paul half troy ounce of silver to get $25 worth of gas from a local station.

While the government and banks don't accept them, many others do.

So why is there interest in these competing currencies?

Is it just novelty or is there something deeper?

Coming tomorrow on NBC25 news at 6 p.m., you'll see why supporters of competing currencies say their money is worth more and is inflation proof.


Ron Paul is a full ounce of silver, produced by the Sunshine Mint obo VonNothaus and the Liberty Dollar.

Post Comment   Private Reply   Ignore Thread  


TopPage UpFull ThreadPage DownBottom/Latest

#1. To: DeaconBenjamin (#0)

I thought legal tender laws mandated the acceptance of FRN's under penalty of having payment considered made in the event payment was refused.

Pinguinite  posted on  2010-07-18   2:04:50 ET  Reply   Trace   Private Reply  


#2. To: Pinguinite (#1)

If FRN's are offered you have to accept them or lose legal standing, and the govt. will not accept anything else as payment for taxes, but you're free to accept anything.

Brutus  posted on  2010-07-18   4:51:31 ET  Reply   Trace   Private Reply  


#3. To: DeaconBenjamin (#0)

deleted

The relationship between morality and liberty is a directly proportional one.

Eric Stratton  posted on  2010-07-18   8:01:10 ET  Reply   Trace   Private Reply  


#4. To: Brutus (#2)

Agreed, which contradicts this from the article:

"Do people have to accept dollars or money? No, they don'," Gillie said. "They can accept anything they want or they can refuse to accept anything."

He's absolutely right.

The U.S. Treasury Department says the Coinage Act of 1965 says "private businesses are free to develop their own policies on whether or not to accept cash, unless there is a state law which says otherwise."

Pinguinite  posted on  2010-07-18   11:45:48 ET  Reply   Trace   Private Reply  


#5. To: DeaconBenjamin (#0) (Edited)

4um cross-reference: Video: Competing currency being accepted across Mid-Michigan

-------

"They're on our left, they're on our right, they're in front of us, they're behind us...they can't get away this time." -- Col. Puller, USMC

GreyLmist  posted on  2010-07-30   2:53:24 ET  Reply   Trace   Private Reply  


TopPage UpFull ThreadPage DownBottom/Latest


[Home]  [Headlines]  [Latest Articles]  [Latest Comments]  [Post]  [Sign-in]  [Mail]  [Setup]  [Help]