THE Henry Paulson Thread (merged)

by **I_Like_Plants** » Mon 22 Aug 2005, 17:42:20

Go to http://urbansurvival.com/week.htm and just read. Holy shit!

by **Specop_007** » Mon 22 Aug 2005, 17:46:58

Apparently this isnt something new...

"The government's authority to interfere with the ownership of gold, silver, and mining shares arises, Thornton wrote, from the Trading With the Enemy Act, which became law in 1917 during World War I and applies during declared wars, and from 1977's International Emergency Economic Powers Act, which can be applied without declared wars. "

by **I_Like_Plants** » Mon 22 Aug 2005, 17:57:54

Hmm, then why are the "gold bugs" advising owning gold for when the TSHTF?

Nice advice! Get your "cut" for selling that gold ingot then watch as momma gov't takes it away some years later.

by **UIUCstudent01** » Mon 22 Aug 2005, 18:01:08

Your subject line is misleading..

It should be: "US Gov't *may* outlaw gold!" or "US Gov't has the power to outlaw gold!"

{Title edited by MQ}

And here I thought there was some kind of covert national emergency...

by **emersonbiggins** » Mon 22 Aug 2005, 18:01:50

The gov't doesn't want you hedging your bets against the economy, now ya hear? That's downright treasonous!

by **gego** » Mon 22 Aug 2005, 18:20:59

At this point in history the US government more or less has the power to do to citizens as it pleases. The constitution is a paper tiger in protecting the "rights".

Government on a continuing basis seized assets from us and there is little defense against this as you can find from those who attempt to not pay taxes. It is just a small additional step to "confinscate" other assets such as gold, silver, crops, etc., but that when this additional plunder occurs it will mean that we are on the verge of civil war. This additional plunder will not necessarily cause civil war (might trigger it), but it will be an indication that things are so bad that people will no longer be able to tolerate government actions and survive, so they will chose survival.

The general rule is that people suffer government plunder because to fight back would put you in an even worse position. When the dieoff gets rolling, and it comes to suffering government plunder and not surviving, or fighting back to keep what you need, the choice will be clear. You will have nothing to lose by rebelling, so I think civil war is almost a certainty. This probably is unimaginable now because of where we are in the peak oil curve, but 15 years in the future will be much different.

by **Tyler_JC** » Mon 22 Aug 2005, 18:30:34

They can have my gold over my cold, dead body.

That is, as soon as I get some gold...and a gun.

They are going to have a hard time getting Ayoob's silver or Specop's gold. It would not be profitable to chase after individual stashes.

It's the banks that will find themselves goldless. The government can and will nationalize bank deposits and private gold stores inside financial institutions. But private ownership of a few bars in a basement is impossible to stop.

by **Schweinshaxe** » Mon 22 Aug 2005, 19:49:38

$this->bbcode_second_pass_quote('gego', 'A')t this point in history the US government more or less has the power to do to citizens as it pleases. The constitution is a paper tiger in protecting the "rights".

Government on a continuing basis seized assets from us and there is little defense against this as you can find from those who attempt to not pay taxes. It is just a small additional step to "confinscate" other assets such as gold, silver, crops, etc., but that when this additional plunder occurs it will mean that we are on the verge of civil war. This additional plunder will not necessarily cause civil war (might trigger it), but it will be an indication that things are so bad that people will no longer be able to tolerate government actions and survive, so they will chose survival.

The general rule is that people suffer government plunder because to fight back would put you in an even worse position. When the dieoff gets rolling, and it comes to suffering government plunder and not surviving, or fighting back to keep what you need, the choice will be clear. You will have nothing to lose by rebelling, so I think civil war is almost a certainty. This probably is unimaginable now because of where we are in the peak oil curve, but 15 years in the future will be much different.

by **Specop_007** » Mon 22 Aug 2005, 19:56:22

Seriously, you guys are overreacting.
There has already BEEN a gold seizure in America. Happened in 1933 under FDR.

While the fear of it happening again is a justifiable fear, this isnt some new development. Its been the "norm" for decades that the government can, at its discretion, confiscate what it deems necesary to the well being of the State from private citizens.

This ability of government confiscations is by no means a new development.

by **Schweinshaxe** » Mon 22 Aug 2005, 20:46:25

$this->bbcode_second_pass_quote('Specop_007', 'S')eriously, you guys are overreacting.
There has already BEEN a gold seizure in America. Happened in 1933 under FDR.

While the fear of it happening again is a justifiable fear, this isnt some new development. Its been the "norm" for decades that the government can, at its discretion, confiscate what it deems necesary to the well being of the State from private citizens.

This ability of government confiscations is by no means a new development.

by **Tyler_JC** » Mon 22 Aug 2005, 21:14:56

$this->bbcode_second_pass_quote('Schweinshaxe', '')$this->bbcode_second_pass_quote('Specop_007', 'S')eriously, you guys are overreacting.
There has already BEEN a gold seizure in America. Happened in 1933 under FDR.

While the fear of it happening again is a justifiable fear, this isnt some new development. Its been the "norm" for decades that the government can, at its discretion, confiscate what it deems necesary to the well being of the State from private citizens.

This ability of government confiscations is by no means a new development.

by **emersonbiggins** » Mon 22 Aug 2005, 21:18:09

$this->bbcode_second_pass_quote('Tyler_JC', '')$this->bbcode_second_pass_quote('Schweinshaxe', '')$this->bbcode_second_pass_quote('Specop_007', 'S')eriously, you guys are overreacting.
There has already BEEN a gold seizure in America. Happened in 1933 under FDR.

While the fear of it happening again is a justifiable fear, this isnt some new development. Its been the "norm" for decades that the government can, at its discretion, confiscate what it deems necesary to the well being of the State from private citizens.

This ability of government confiscations is by no means a new development.

by **Tyler_JC** » Mon 22 Aug 2005, 21:22:58

$this->bbcode_second_pass_quote('emersonbiggins', '
')By no means is corruption exclusive to socialism. The U.S. is hardly the pillar of democracy it is purported to be. It is a government of the special interests, for the special interests, by the special interests.

by **emersonbiggins** » Mon 22 Aug 2005, 21:40:54

$this->bbcode_second_pass_quote('Tyler_JC', '')$this->bbcode_second_pass_quote('emersonbiggins', '
')By no means is corruption exclusive to socialism. The U.S. is hardly the pillar of democracy it is purported to be. It is a government of the special interests, for the special interests, by the special interests.

by **Tyler_JC** » Mon 22 Aug 2005, 22:17:16

$this->bbcode_second_pass_quote('emersonbiggins', '
')I hear that. Even if we could have the perfect 'free-market', methinks we'd screw it up big time because the populace chooses to stay uninformed/misinformed.

by **emersonbiggins** » Mon 22 Aug 2005, 22:19:29

$this->bbcode_second_pass_quote('Tyler_JC', '')$this->bbcode_second_pass_quote('emersonbiggins', '
')I hear that. Even if we could have the perfect 'free-market', methinks we'd screw it up big time because the populace chooses to stay uninformed/misinformed.

by **Schweinshaxe** » Mon 22 Aug 2005, 23:15:22

$this->bbcode_second_pass_quote('Tyler_JC', '')$this->bbcode_second_pass_quote('emersonbiggins', '
')By no means is corruption exclusive to socialism. The U.S. is hardly the pillar of democracy it is purported to be. It is a government of the special interests, for the special interests, by the special interests.

by **merecat** » Mon 22 Aug 2005, 23:22:34

Gold can be squirreled away easily, it does not oxidize, alot of wealth fits in a small space. How will the US government bust all the stashes? What about gold jewelerry? Remember Mr. T, He must have well over 10 kilos of 22ct gold on. Thats worth ~$150k.

by **hoplite** » Mon 22 Aug 2005, 23:22:35

$this->bbcode_second_pass_quote('gego', 'A')t this point in history the US government more or less has the power to do to citizens as it pleases. The constitution is a paper tiger in protecting the "rights".

Government on a continuing basis seized assets from us and there is little defense against this as you can find from those who attempt to not pay taxes. It is just a small additional step to "confinscate" other assets such as gold, silver, crops, etc., but that when this additional plunder occurs it will mean that we are on the verge of civil war. This additional plunder will not necessarily cause civil war (might trigger it), but it will be an indication that things are so bad that people will no longer be able to tolerate government actions and survive, so they will chose survival.

The general rule is that people suffer government plunder because to fight back would put you in an even worse position. When the dieoff gets rolling, and it comes to suffering government plunder and not surviving, or fighting back to keep what you need, the choice will be clear. You will have nothing to lose by rebelling, so I think civil war is almost a certainty. This probably is unimaginable now because of where we are in the peak oil curve, but 15 years in the future will be much different.

by **seahorse2** » Tue 30 May 2006, 10:40:52

Paulson to be US Treasury Secretary
Mr. Bill and everyone else, What do you think of Henry Paulson who was just nominated to be the next US Treasury Secretary? Paulson Wikipedia
I don't know anything about him, but found his history beginning with the Nixon Administration interesting and his contacts with China interesting.