Will Seizure Of Russian Assets Hasten US Dollar Decline?

By Ron Paul – Re-Blogged From http://www.Silver-Phoenix500.com

While much of the world focused last week on whether or not the Federal Reserve was going to raise interest rates, or whether the Greek debt crisis would bring Europe to a crisis, the Permanent Court of Arbitration in The Hague awarded a $50 billion judgment to shareholders of the former oil company Yukos in their case against the Russian government. The governments of Belgium and France moved immediately to freeze Russian state assets in their countries, naturally provoking the anger of the Russian government.

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US Constitution vs Laws and Regulations

cropped-bob-shapiro.jpg   By Bob Shapiro

Law students are required to take a course in Conflicts of Law. What the course boils down to is, when two laws disagree in what they say, how do the courts decide which law takes precedent.

The US Constitution is the highest Law of the Land. If there is a conflict between a law, made by Congress, and the US Constitution, then the Constitution wins, and the law is Null and Void.

If a regulation, made by an Agency of the government, conflicts with either a Law or with the US Constitution, then the Regulation loses.

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War on Cash vs Bail In

cropped-bob-shapiro.jpg   By Bob Shapiro

There is a pair of troubling items which have been appearing repeatedly in the news lately:

  • There is a War on the use of Cash, and

  • Several banks which have been insolvent (bankrupt in fact) are being given the legal go-ahead to Bail In depositors’ money.

In case you’ve missed these items, or if you don’t understand why they are important, let me explain.

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Great News: New Mexico’s Asset Forfeiture Reform Bill Signed by Governor

– Ree-Blogged From http://reason.com

Actual criminal conviction will be required to take citizens’ property in New Mexico.

Waiting to pretty much the last possible moment, Republican New Mexico Gov. Susana Martinez has signed into law House Bill 560, the state’s broad asset forfeiture reform legislation. The bill, introduced by Republican Rep. Zachary Cook, had complete bipartisan approval in the state’s split House (controlled by Republicans) and Senate (controlled by Democrats). Nobody voted against it.

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Justice for All: FreedomWorks’ 5 Principles for a Better Justice System

By Jason Pye – Re-Blogged From http://www.FreedomWorks.org

The American justice system is collapsing under its own weight. Big government policies passed by Congress have led to a justice system that traps nonviolent offenders in an endless cycle. This deprives them of economic opportunities and costs taxpayers billions of dollars each year. The Internal Revenue Service and law enforcement agencies at all levels of government have run roughshod over private property rights and due process through abuse of civil asset forfeiture.

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Stop Asset Seizures

cropped-bob-shapiro.jpg   By Bob Shapiro

The 4th Amendment to the US Constitution (part of the Bill of Rights) says in part, “The right of the people to be secure in their persons, houses, papers, and effects, against unreasonable searches and seizures, shall not be violated….

And, the 5th Amendment says in part, “No person shall… be deprived of life, liberty, or property, without due process of law; nor shall private property be taken for public use without just compensation.

However! Every day, federal, state, and local governments violate these Constitutional Rights. IRS agents routinely seize bank accounts

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