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Portland, OR to get its own currency next year!


Pong Messiah
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Since we probably won't be getting that secession/civil war I've been praying to Jesus for each night, I might have to settle for this as a "half a loaf" compromise and be OK with it...

 

Portland to get its own currency in June, 2011

 

In a nutshell, what this means is there will be a local currency printed that only works at the local stores, and effectively gets you 5% off, since the exchange rate is $.95 USD for every $1 PDX. Since Wal-Mart and the other big, bad corporations have no plans to accept PDX currency, it keeps the money local and rewards users with a small discount.

 

Sounds great in theory, but in practice... ?

 

:eek:

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http://www.law.cornell.edu/uscode/18/486.html

 

 

This applies only to coins and you cannot mint a coin (even if it is originally designed) with the intent that it is to be used as currency. However, the similar provision relating to paper currency seems to only go after forgeries.

 

http://www.law.cornell.edu/uscode/18/514.html

 

So these Portland dollars are ok so long as they aren't done in coinage, I suppose. It explains the IthicaHours/LibertyCoin discrepancy.

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This applies only to coins and you cannot mint a coin (even if it is originally designed) with the intent that it is to be used as currency.

Because only Congress has the power to mint coin?

 

 

Well, according to that law, if the intent was that the coin be used for currency you cannot mint it.

 

Whoever, except as authorized by law, makes... any coins of gold or silver or other metal, or alloys of metals, intended for use as current money, whether in the resemblance of coins of the United States or of foreign countries, or of original design...

 

It is a really dumb law. So as long as the intent was for the coins to be used as currency: no good.

 

Forget about Congress... how does the IRS feel about this, I wonder?

 

Well, I'm sure the IRS does in fact hate bartering because of how much more difficult it is to track the transactions, however, they are all taxable transactions. If you want me to dig further I can, but I can't remember the specifics except that there was a court case involving a railroad bridge.

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Guest REVROSWELL

Since we probably won't be getting that secession/civil war I've been praying to Jesus for each night, I might have to settle for this as a "half a loaf" compromise and be OK with it...

 

Portland to get its own currency in June, 2011

 

In a nutshell, what this means is there will be a local currency printed that only works at the local stores, and effectively gets you 5% off, since the exchange rate is $.95 USD for every $1 PDX. Since Wal-Mart and the other big, bad corporations have no plans to accept PDX currency, it keeps the money local and rewards users with a small discount.

 

Sounds great in theory, but in practice... ?

 

:eek:

 

I say bring on the civil war :devil: *, and God bless OR of having the gonads to stand up against the feds.

 

rr

 

I guess its time to move up north, the real questions is if we do go to war will that make the northerners the rebels and the south the rebels?

 

* I would have to know a lot more about it to condone a civil war in actuality. Personally I think we need a vast reduction in federal powers and a vast increase in states powers (the real reason the CW was fought in the first place) This nightly article is the first thing I have heard of a civil war or the currency problem. These days I hardly ever watch TV and even more rarely than that watch TV news.

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Guest PeacefulMindedJedi

I think that's just about the last thing anyone should ever wish for in our country. One was enough. I don't long to see our country tear itself apart again.

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Guest PeacefulMindedJedi

People will talk a big game all day and night, especially in our country. But the day that patting each other on the backs over beers, thumping our chests, and throwing out phrases like "yoke of tyrrany" like we're Patrick Henry or Thomas Jefferson becomes watching people get their brains blown out the back of their heads is when you find out who really meant it.

 

I'm not saying that people are cowardly. I'm just saying that I've met a lot of people who talk about how they would stand up and fight for their rights if it ever came down to it again in our country, but 99% of them have no clue what that really means and what that would really require of them.

 

It's noit going to be some romantic, glorious march between two great armies. It's going to be a brutal, ugly guerilla / counter-guerilla conflict. Half of those fools... "I would stand up to the federal government." Oh, so you're going to fight government troops? Okay. We'll see. These aren't exactly the poorly-equipped, "not their fault that they're stupid" gov-ment troops in... say... Zimbabwe. More like well-trained, well-equipped, more experienced, troops with a"****, you... and die" attitude, who've been fighting the same war in Iraq and Afghanistan for about 10 years now.

 

I mean, what's going to happen? Some town's going to form a "Minuteman Militia" with 12-gauges and .22s, maybe a cool flag that says "Don't Tread on Me?" Okay, so when just about their entire "squad" (I guess you could call it), probably in under 2 minutes, gets completely cut down by accurate and sustained rifle fire, simultaneous with supressive fire from 240s and .50 cals, not to mention combined arms (mortars, artillery, air).... then what? Is the Podunk, Oregon Militia going to have fire support? No. Air? No. Medevac? Other than Cletus's quad? No. A single weapon capable of matching the squad of Marines they're engaging (not to mention the quality of ammo)? Hell, no. Maybe they'll just drop a 500lb JDAM as the cherry on top.

 

After seeing some **** like that, whoever, if anyone, is left alive (even after all the "I would fight or die" speeches) would most likely drop their **** and run the other direction.

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Guest REVROSWELL

People will talk a big game all day and night, especially in our country. But the day that patting each other on the backs over beers, thumping our chests, and throwing out phrases like "yoke of tyrrany" like we're Patrick Henry or>>>l Snip<<<< Hell, no. Maybe they'll just drop a 500lb JDAM as the cherry on top.

 

After seeing some **** like that, whoever, if anyone, is left alive (even after all the "I would fight or die" speeches) would most likely drop their **** and run the other direction.

 

 

Well if it were a true civil war both sides would have a freaking military! But if it was just limited resistance or coup attempt or disaster looting binge? Sorry,even then our country has a crappy track record of fighting guerrilla warriors!* It seems they are wearing civvies, not thier BDU's! Hey they don't fight fair! Oops those IED's are horrific. Anyway we can't lets ignore the history lesson the french resistance gave the German army! They were a small but deadly force. Sadly, we are not doing that well in Afghanistan, and I think we better come home before we suffer the same fate as the USS...er' Russia. We have had our bucket of blood revenge, BL will be found or be so scared his life wont be worth living. Really no one wants a civil war, and no sane person wants war at all! However, with some states now hollering about succession maybe if it comes it will be a bloodless succession ? And lastly, you are not the only military guy in here PMJ.

 

Budda budda Byeeeee...time to stockpile some .50 cal and load some mags up with 7.62 and .223. Not to mention other stuff. Ok where is my tin foil hat? I And lets not forget the don't tread on me flag? The perfect ting' to stop those little 500 pounders.

 

rr

 

* Not really in Nam we never lost a battle with a stand and fight enemy, or a battle at all if my memory serves me correct. Nam could arguably be called the largest guerrilla action of history. And it (guerrilla warfare) was horribly effective.

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