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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?

To: John Metcalf who wrote (71261)	11/16/2007 12:22:59 AM
From: mishedlo	Read Replies (1) \| Respond to of 116555

MBIA, Ambac, and Pandora's Box globaleconomicanalysis.blogspot.com The guarantors collect enormous sums of money based on guarantees they cannot meet if anything serious goes wrong. Buying insurance from these companies provides a false sense of security and is essentially a big waste of money. Mish

To: John Metcalf who wrote (71261)	11/16/2007 5:26:25 AM
From: Travis_Bickle	Respond to of 116555

The feds haven't really spoken yet but it doesn't appear to be an IRS matter and is probably criminal rather than civil. --------- What do Liberty Associates do? Associates get the Liberty Dollar at a discount and are encouraged to use it at a profit. They simply make money by exchanging their US dollars for the new gold and silver money, and spend the new Liberty Dollar into circulation. Associates support the Liberty Dollar by simply using the new currency in everyday transactions. libertydollar.org ------------ So you pay $250 for the right to buy $20 coins for $15 and pass them off as money ... I can see why the feds might have a little problem with that.