Nothing in the indictment suggests he didn't have enough gold or silver to back the notes...like I said your suspicions are based on nothing.notorial dissent wrote:Nothing vile about them, just plain common sense and looking at what has been done, and what has happened. That you refuse to see what is right in front of you is not my problem. Uh Steve, you do remember that indictment you just had conniptions over a few posts back, those were the claims of illegality that were presented to the grand jury along with evidence of what was going on, and they grand jury voted an indictment based on what was presented, so yes, Stevie, there have been claims and charges made. The gov’t has OFFICIALLY charged him with those crimes, and my “vile suspicions” are based on that fact, and from what I can see going on, and my own experiences with these types of businesses. Apparently the main difference between us is that I can see when a business is basically a con game, and when one is run honestly-which this one wasn’t.
Nope, the indictment makes it very clear that if the currency violation fails so do all of the rest of the charges as they are all based on that one charge sticking.btw, Yes the government did make the claim he's violated the money laundering statute, unfortunately it was only a claim because the government has no evidence of such in the indictment. Everything is predicated on the violation of the currency statute. If the government fails to prove that lame charge the rest of their accusations fall down like a flimsy house of cards.
Apparently the grand jury disagrees with your omniscience, I disagree with your omniscience for that matter, but that is an issue for another time. The fact of the matter is that the grand jury found evidence of money laundering and voted an indictment on it. Granted, the gov’t has a lot to prove, but the likelihood of them not proving it at this juncture is pretty light.
Oh yes, everyone can tell he was counterfeiting U.S. currency it so obvious.....fall down the rabbit hole a little farther you've almost reached the bottom.No, he was violating the counterfeiting statutes, and was involved in money laundering, and was violating the law, and probably a good number of other state and federal laws as well that he just hasn’t been charged with, YET!!! The counterfeiting and money laundering convictions will put him away for long enough the rest won’t matter.
The jury will get to see exactly enough to give the perception of guilt, they'll only see half the story. When that happens you'll be right there arguing how right it was to deny the evidence.Dream on Stevie, all they will have to do is show copies of the web pages and materials where he was touting them as substitute currency and encouraging his suckers to try and pass them as genuine coin and they will have proof for conviction. Juries generally have a pretty good BS detector, and when they hear about someone trying to pass what appears to be $20 coin for merchandise that is only worth maybe $10 they will get the picture, because if it means one of the Libbyheads could cheat a merchant that way, then it means they could cheat one of them, and that won’t fly, and if the prosecutor doesn’t present it in just such a fashion he will have made a lot more worl for himself than he needed to, since that is just exactly what was going on.
And still more Stevsie BS. Of course the Libbys aren’t worth a numerically similar number of FRN’s for the simple reason that there is only $10 worth of silver in the $20 coins, why is that such a difficult concept for you to grasp, that and there is no certification or guarantee that there is even that much silver in them. They are slugs, and of value only as collector’s curiosities. And yet Stevsie, they kept encouraging people to treat them like they were worth face value, and therein was the fraud.
How much backs a $10 FRN? Oh don't answer that, it's value is only based on its acceptability it has no backing whatsoever. If the government spends us into oblivion they'll be worth as much as an Zimbabwe dollar.
Yes its common for U.S. currency to have a website address, a 1-800 number on it and to say warehouse receipt. Gotcha, looks just like a U.S. issued note...Stevsie, you selective illiteracy is showing yet again, counterfeiting is not only the uttering of fake US currency, but the uttering of currency that has the appearance of US currency. No on has claimed he was counterfeiting US currency, but that he was uttering currency that appeared to be US currency. Either way, a violation of the counterfeiting laws. Again your selective illiteracy is showing, there is nothing in the statute, or the constitution that even mentions “legal tender” but it does say US currency or obligations, or the appearance of same. And yet again oh great constitutional scholar, you are wrong as to what it says, Article I § 8, and Article I § 10, show you to be a fool.
I guess I don't have your crackerjack version mine doesn't mention exclusive or only in it when mentioning the power to coin or print money. More importantly no where in article 10 does it prohibit "anyone else" from coin money. That must be in your "special" version, with the little cartoon on it.SteveSy, the great defender of the carved in stone constitution, conveniently forgets that the Constitution very plainly and specifically says that only the gov’t can coin money , Article I § 8, and VERY and equally specifically prohibits either the states or anyone else from doing so, Article I § 10, but at the moment reality and over 200 years of history get in the road of his delusion du jour.
Like I said banks printed private money all the time for over a century....but don't let the facts get in your way. Maybe you'll get lucky and all of those pictures of the money will magically disappear when you hit the bottom of the rabbit hole.
Lastly indictments are fairly easy to get considering only the prosecutor gets to present evidence. If only I had a quarter for every indictment that resulted in a not guilty verdict I would be a very rich man.
