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August 21, 2007

comment There’s Gold in Them Thar Hills!

Filed under: Financial News — C4G @ 9:00 pm

Dream CatcherHistory Lesson
Today we’ll go back a little further in history than yesterday’s post and look at the history of Gold in the United States. Let’s go back to 1849 and discovery of Gold in California which led to the Gold Rush. By 1856 the United States government had acquired 174 million acres of Native American lands through 52 treaties all of which were subsequently broken by US Government in their lustful pursuit of the precious metal. Along the way, countless Native Americans fell victim to numerous smallpox epidemics that decimated the western tribes. Though it is fact or fiction, there has been much debate over the US Government giving smallpox infected blankets to the tribes which allowed US Department of Indian Affairs Act to redefine the Indian Territory and granted the US Army the right to quarantine Native Americans infected with the disease, essentially putting them into death camps.

By 1863 the Bozeman Trail is blazed to gold mines in Montana and Wyoming which was once Native American land and war breaks out between the US Army and the Teton Sioux led by Red Cloud. In 1868 the US Army abandons forts all along Bozeman Trail and the Treaty of Fort Laramie defining the Great Sioux Reservation is signed. That doesn’t stop the spread of the gold lust when rumors of gold being found in the Black Hills of South Dakota, considered Indian Territory, starts yet another encroachment by the US Government into Native American territory belonging to the Lakota, Santee and Yankton tribes. In 1876 General George A. Custer is defeated and killed at the Battle of Little Bighorn by Crazy Horse and his band of freedom fighters.

sidenote:,

The influential American punk band The Minutemen openly questioned the valor and dignity of Custer on the title track of their 1981 album The Punch Line: “I believe when they found the body of General George A. Custer/Quilled like a porcupine with Indian arrows/He didn’t die with any honor, dignity, or valor/I believe when they found the body of George A. Custer/American general, patriot, and Indian fighter/That he died with shit in his pants.”

What did Custer really die for? Perhaps it might be the plundering of over $18 Billion of Sioux gold, silver and other natural resources from the Black Hills of South Dakota. As a final epitath to the Native American people, the US Congress authorized the Mount Rushmore National Memorial Commission on March 3, 1925 on land that once was part of the sacred route that Lakota leader Black Elk took in a spiritual journeyn. The Lakota Sioux had known as Six Grandfathers until it was renamed by a New York lawyer, Charles E. Rushmore (how quaint).

So What Does This Have to Do With Today?
Unfortunately, in the year 2007, the US government is still in the act of seizing gold that belongs to other people. Once again, a pack of lies, myths, misconceptions and misleading allegations are being levied to excuse this territorial possessive act. By now, any regular reader of my blog should know I’m talking about the US DOJ seizing the accounts of the larger exchangers and ’s own account. Now, if you read my post yesterday about the historical price of gold as related to significant turbulence in world affairs and are watching events transpire in Iraq and now Iran coming into the scene, you might be piecing the puzzle together and asking yourself, “What was actually seized?” as far as assets of those indicted DGC exchangers? Was it USD equivalent of the amount of gold held in those accounts at that particular moment at the time of seizure or was it the actual grams of gold themselves, subject to rise and fall accordingly to the market ? A market that can be jolted by foreign affairs as we’ve already seen in yesterdays post.

To get the approval of the American public for their actions carried out against the Native Americans in pursuit of gold, the US government used the media of the time to create “widespread panic” that the Native Americans were savages who scalped white people, that the Native Americans were disease carrying (smallpox) and other propaganda. Similar propaganda that stirs the American public today might be “child pornography”, “credit card fraud”, and such. Do you get my point ? Considering Paypal is probably the most widely used money transmitter on the Internet and almost certainly similar accusations could be levied against the founders of , the cold, hard truth is that Paypal is not backed by squat. Paypal is not even FDIC insured, they use third party FDIC insurance and/or pass-through. Additionally, Paypal is only licensed as a “money transmitter” in eight US states (go look it up on BBB.org). Your money in Paypal is not even worth numbers on a piece of paper. If there were to be some sort of economic collapse, any funds in Paypal would be insecure while any funds held in a DGC, that are backed by gold would more than likely increase in value.

There’s no gold in thar there hills of Paypal but the Great Gold Rush of 2007 has just begun. All Digital Gold account holders, just remember, don’t take any “free blankets” from the US Government.



• • •

7 Comments »

    #1
    August 23, 2007 @ 6:20 pm | Comment
    by coopersview

    Hi C4G,

    Thank you for the great history lesson on Gold and American Native Indians. It is very interesting. I always feel sorry for the unfair treatment to the Natives in North America and how they are being isolated and suppressed.

    There is a blue music sung by the Natives:

    “….. you may suppress us, you may put us to jail; but you can never take away our spirit……. our spirit is the most precious of all …. never give up ……………”

    (Incidentally, to my surprise, these Natives claim that they have the biggest influence on blue music with their native elements rather than the African Americans as we all know. They have the documentations and have been fighting for recognition.)

    Great lesson for us all!!

    JMV

    #2
    August 23, 2007 @ 6:27 pm | Comment
    by coopersview

    PS

    They are a group of Native blue musicians; their music moves me to tears…….

    #3
    August 24, 2007 @ 6:39 pm | Comment
    by C4G

    Do you have any links to MP3’s of the music or to any websites? I’m a musician and programmer, in that order, by trade. I’d be interested in a listen.I’m glad some people like the new direction being taken with this blog. There are bigger issues than autosurf of hyip scammers, the biggest scams happen within the government.

    On top of that, Lindsay Lohan, busted for a second DUI and Cocaine posession gets an hour in jail… BS, any black or hispanic kid busted for coke would do a year at least.

    Mark Foley, Republican congressman from Florida gets busted pandering to underage boys, goes to alcohol rehab, no sentence, just resignation of position…

    Yet in Florida they have people trolling MySpace and AOL busting anybody who talks dirty to a minor online with excessive sentences (even though the “criminals” were instigated by the people seeking to bust them just like reverse sting operations that bust crack buyers).

    It’s all a bunch of bullshit… Until “everyone is treated equal” as clearly stated in the constitution of the US, I’ll question everything because there are always “scammers” who destroy the very fundamental philosopihies of freedom and America.

    I’m not talking about Jack Cobb of Boyertown, PA who is scamming people with his MaximumSurfing sites, or Andy the scammer from Canada who has ripped countless people off in his XLO programs… or the CEP “Baptists” (the CEP site was on the Baptist Top 100 site???)… or Mikula from Phoenixsurf..

    I don’t understand WTF is wrong with our government in the US, but something needs to change. Where are the Cattyshaq and WWSN and scam.com people when it comes time to step up to the plate about real issues ??? Why do they not pay attention to government corruption but pay attention to some stupid hyip?? Maybe because they’re scared? Maybe because they’re weak? Maybe because they just don’t know what they’re talking about

    Anyway, new article coming up that will tie the last two together.

    #4
    August 26, 2007 @ 10:12 am | Comment
    by coopersview

    Hi C4G,

    I happened to see their performance on TV many months ago and now I don’t even remember their name but amazingly this group has been performing for the past 4 decades with the same lead singer. Since you brought up that history lesson, it reminds me of this group of Native blue musicians.

    JMV :)

    #5
    August 28, 2007 @ 1:54 pm | Comment
    by Cattysha

    Geeze Dave, I’m not a crusader for all the injustice in the world. And online scams ARE real issues! One of these days you might even admit we do a good thing :)

    As for PayPal, they make an effort to be legal and try to avoid illegal activities. Google was suppose to start a payment processor, but I never see it mentioned anywhere. I bet they will keep it legal too.

    I happen to think a gold based internet payment processor is a really good concept. I just hope someone will eventually manage to do it legally, and not let it be used for online crime and money laundering. Surely there is enough money to be made from legitimate online business.

    PS. There is an error message showing below the ’submit comment’ button.

    #6
    August 29, 2007 @ 3:18 pm | Comment
    by C4G

    I already admit you do have good intentions by enlightening people to online scams. I also think your new approach in taking things from a factual standpoint and not injecting unnecessary sarcasm will certainly encourage people to take what you do more seriously. I’ve never had a problem with crusading against scams, but in the past when it turned to attacks and rants, it did more harm than good (that’s my opinion).

    I’m sure you see I’ve taken a different stance on hyip and surf programs. While I once believed there was a possibility for a legitimate offering, after two years of looking, I’ve found them all, 100% to be either a ponzi scheme, scam or just plain bull. I guess I’m more on your side of the argument now and yes, the monitor is going away and I do not accept ads for hyips or surfs (but I do have to honour existing contracts and I can’t help what Google displays.)

    I do have an issue with “too much government”. Society has to sacrifice “personal freedom”, instead I’d prefer to encourage people to take “personal responsiblity for their own actions”. We can feel sorry for someone who loses money in (for example) a surf program, but ultimately it was their own greed that got them burned. I wish I had the $1850 I lost to Andy and his XLO/TFT back, as much as I wish I had the $500+ I recenty lost to Jack Cobb in Planet-Trust or the $2000+ from CompactSurfing last year, but I accept full responsibility for making those decisions. I just paid my property taxes and the $5000+ I lost in surfs alone could have covered that and my homeowners insurance (note: I never made a profit in any of the surfs I went big into, 100% were losses).

    btw, Google has “Google Checkout” but it’s very limited as far as a payment processor goes. I haven’t seen many people using it.

    ps. thanks for noticing the sql error. You just found an error in the wp-related plugin. I patched it and submitted it to the bugtraq.

    #7
    August 31, 2007 @ 3:08 am | Comment
    by C4G

    JMV,
    I was doing somw searching on the internet for Native American Blues Music and I found this on YouTube…

    Bam Bams Tribute To The SIOUX Nation Video 2006

    It’s pretty moving tribute to the Great Sioux Nation with video and collages of pictures surrounding Mt. Rushmore set to a peaceful yet haunting melody.

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