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Resistance
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Title: Perhaps the death penalty for debasing the currency should be reconsidered. Let's start with the Federal Reserve and the Treasury Dept.
Source: The Coinage Act of 1792
URL Source: http://landru.i-link-2.net/monques/coinageact.html
Published: Nov 27, 2008
Author: NA
Post Date: 2008-11-27 15:30:04 by bluegrass
Ping List: *New History*
Keywords: None
Views: 1758
Comments: 6

...SEC. 19. And be it further enacted, That if any of the gold or silver coins which shall be struck or coined at the said mint shall be debased or made worse as to the proportion of fine gold or fine silver therein contained, or shall be of less weight or value than the same ought to be pursuant to the directions of this act, through the default or with the connivance of any of the officers or persons who shall be employed at the said mint, for the purpose of profit or gain, or otherwise with a fraudulent intent, and if any of the said officers or persons shall embezzle any of the metals which shall at any time be committed to their charge for the purpose of being coined, or any of the coins which shall be struck or coined at the said mint, every such officer or person who shall commit any or either of the said offences, shall be deemed guilty of felony, and shall suffer death.

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Begin Trace Mode for Comment # 3.

#3. To: bluegrass (#0)

Have you ever noticed how Congress is so eager to pass laws to put Joe and Jane Public in prison for long period of time but ensure that the laws they break are met with only fines or probation or whatnot? Look at the banking scandal. Not a soul went to prison over that.

F.A. Hayek Fan  posted on  2008-11-27   15:59:42 ET  Reply   Untrace   Trace   Private Reply  


Replies to Comment # 3.

#4. To: Hayek Fan (#3)

It shows how the law has been perverted to protect the guilty and also to oppress the citizenry.

bluegrass  posted on  2008-11-27 16:11:17 ET  Reply   Untrace   Trace   Private Reply  


#5. To: Hayek Fan (#3)

The purpose of the legal system is to protect the elites from the wrath of those they plunder.

Elliott Jackalope  posted on  2008-11-27 17:17:05 ET  Reply   Untrace   Trace   Private Reply  


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