You Can Fight The Federal Reserve Right Now

[Donnachaidh]

http://www.informationclearinghouse.info/article29369.htm

October 12, 2011 "Information Clearing House" -- There exists today , right now, a little bronze bullet that strikes fear into the black heart of Ben Bernake like nothing else. It is the $1 US coin that everybody has seen but few like. This lowly little coin that most Americans consider a nuisance, is actually the best friend any American ever had. Those little gems are minted by the U.S. Treasury, and that’s what makes them so dangerous to FED bankers like Bernake and so dearly beloved to you. They are free money, just like Lincoln’s greenbacks and Kennedy’s silver certificates that you may have heard of. Unlike $1 Federal Reserve Notes; you don’t pay one red cent in interest to anyone when a dollar coin is minted and issued by the US Treasury Department. The treasury just mints them and spends them into circulation. If you’ve ever listened to Bill Still, the money guy, this is exactly the kind of free money he's talking about. It already exists. There is no need to create it. You the American people just need to start using it.

Ben Bernake and his Federal Reserve co-conspirators fear the dollar coin so much, that they have collected and are currently hoarding more than a billion of them in Federal Reserve Bank vaults. That’s roughly half the US supply. Why? Because every dollar coin the FED pulls out of circulation can be replaced with a Federal Reserve Note lent at interest to the American people. If you don’t want to use free and clear US money, the FED will gladly lend you theirs. The FED doesn’t want you to use the coins. They don’t want you to get used to using them. And for a certainty, they don’t want you demanding more, a $2 coin, a $5 coin a $10 coin.

Sure you hate change in your pocket and you don‘t like the thought of having to carry around even more. It sucks, I agree. But look at it this way. For a the price of a minor inconvenience you get to steal your country back from Ben Bernake. He’ll die and wither on the vine if you stop using his Federal Reserve Notes, and you can start doing it tomorrow. That deal is so cheap you’d be a fool to pass it up. Your country that you love, for a few more coins you have to carry around. Convinced? Ok. There are three things you can do tomorrow to start taking your country back.

1. When you go into the drugstore and the girl opens the till to give you your three dollars change, look in the till. If she has any dollar coins ask for them. Tell her you want them more than you want bills. Thank her when she gives them to you. Ask for them at the bank too when you make a withdrawal and spend them all over town.


More at the link --

[RB TexLa]

1. It's 2011, no one even uses cash, let alone coins. Why would we?

[dems_rightnow]

2. Um, yeah.

.....

[ChandlerJr]

3. The dollar coins have the same value as paper money,

nothing. Metal dollars minted for general circulation contain no silver or gold, they are composed of the same copper-nickel clad composition used for the dime, quarter, and half dollar.

The proposal is meaningless.

[GeorgeGist]

4. In perspective ...

it's chump change. But it might keep the TBaggers busy.

[banned from Kos]

5. Federal Reserve Notes are printed by the US Treasury at a profit of 4c per note

coins have no profit for the Treasury.

so this boycott would reverse the intended effect - costing the Treasury money.

Notes pay no interest to the Fed.