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</o:shapelayout></xml><![endif]--></head><body lang=EN-US link=blue vlink=purple><div class=WordSection1><p class=MsoNormal><span style='font-size:11.0pt;font-family:"Calibri",sans-serif'><o:p> </o:p></span></p><p class=MsoNormal><span style='font-size:11.0pt;font-family:"Calibri",sans-serif'><o:p> </o:p></span></p><p class=MsoNormal><b><span style='font-size:14.0pt;font-family:"Calibri Light",sans-serif'>From:</span></b><span style='font-size:14.0pt;font-family:"Calibri Light",sans-serif'> extropy-chat [mailto:extropy-chat-bounces@lists.extropy.org] <b>On Behalf Of </b>Dave Sill<br><b>Subject:</b> Re: [ExI] relationships with money, was: RE: extropy-chat Digest, Vol 152, Issue 3<o:p></o:p></span></p><p class=MsoNormal><span style='font-size:14.0pt;font-family:"Calibri Light",sans-serif'><o:p> </o:p></span></p><div><div><div><p class=MsoNormal><span style='font-size:14.0pt;font-family:"Calibri Light",sans-serif'>On Wed, May 4, 2016 at 8:53 PM, spike <<a href="mailto:spike66@att.net" target="_blank">spike66@att.net</a>> wrote:<o:p></o:p></span></p><blockquote style='border:none;border-left:solid #CCCCCC 1.0pt;padding:0in 0in 0in 6.0pt;margin-left:4.8pt;margin-right:0in'><div><div><p class=MsoNormal style='mso-margin-top-alt:auto;mso-margin-bottom-alt:auto'><span style='font-size:14.0pt;font-family:"Calibri Light",sans-serif'> <o:p></o:p></span></p><p class=MsoNormal style='mso-margin-top-alt:auto;mso-margin-bottom-alt:auto'><span style='font-size:14.0pt;font-family:"Calibri Light",sans-serif'>>>… The Fed may not seize assets, only earnings.<o:p></o:p></span></p></div></div></blockquote><div><p class=MsoNormal><span style='font-size:14.0pt;font-family:"Calibri Light",sans-serif'><o:p> </o:p></span></p></div><div><p class=MsoNormal style='margin-bottom:12.0pt'><span style='font-size:14.0pt;font-family:"Calibri Light",sans-serif'>>…By "The Fed" you mean "the US government", not the Federal Reserve, I take it.<o:p></o:p></span></p><p class=MsoNormal style='margin-bottom:12.0pt'><span style='font-size:14.0pt;font-family:"Calibri Light",sans-serif'>Ja.<o:p></o:p></span></p><p class=MsoNormal style='margin-bottom:12.0pt'><span style='font-size:14.0pt;font-family:"Calibri Light",sans-serif'>>…</span><span style='font-size:14.0pt;font-family:"Calibri Light",sans-serif'> Is there something in the constitution preventing seizing property?<o:p></o:p></span></p><p class=MsoNormal style='margin-bottom:12.0pt'><span style='font-size:14.0pt;font-family:"Calibri Light",sans-serif'>There is eminent domain, but that ordinarily applies only to land and buildings. Wealth can be distributed and protected.<o:p></o:p></span></p><p class=MsoNormal style='margin-bottom:12.0pt'><span style='font-size:14.0pt;font-family:"Calibri Light",sans-serif'>>…</span><span style='font-size:14.0pt;font-family:"Calibri Light",sans-serif'> Because I'm pretty sure they do that all the time, e.g., via asset forfeiture or when they made private gold ownership illegal with the Gold Reserve Act of 1934. Seems like they can do pretty much whatever they want. -Dave<o:p></o:p></span></p></div><div><p class=MsoNormal style='margin-bottom:12.0pt'><span style='font-size:14.0pt;font-family:"Calibri Light",sans-serif'>Ja, so it makes it attractive to store physical gold elsewhere. I am pretty sure the Chinese are storing a lot of physical gold in the states. The Federal government’s having seized gold in the past makes it a bit risky, but it the previous seizure did not apply to collectible gold coins.<o:p></o:p></span></p><p class=MsoNormal style='margin-bottom:12.0pt'><span style='font-size:14.0pt;font-family:"Calibri Light",sans-serif'>Our 16<sup>th</sup> amendment was set up to make taxation by the Fed apply only to earnings. If they could tax property, they would have a long time ago.<o:p></o:p></span></p><p class=MsoNormal style='margin-bottom:12.0pt'><span style='font-size:14.0pt;font-family:"Calibri Light",sans-serif'>spike<o:p></o:p></span></p></div></div></div></div></div></body></html>