Debut of Cabool's Community
Dollar
Local merchants reject the
house of cards built on the US
dollar
Deep in
the Missouri Ozarks, a new
community currency has appeared
to meet the needs of the people.
Joshua Deatherage, a local
contractor who wears a
half-dozen hats to feed his
family of four children in
Cabool, Missouri, is responsible
for creating the new silver
based Community Dollar. And it's
neither a Jed and Boys nor a
Liberty Dollar venture.
As
Deatherage explains, "I started
thinking about a local silver
currency the day after the
Liberty Dollar was raided by the
FBI." He was concerned that the
first value based currency might
not survive so his new Community
Dollar is only intended to
circulate in central Missouri.
After
three-and-a-half years, the
young monetary entrepreneur who
wanted to encourage local trade
and commerce in his community,
reports that over 60 merchants
around Cabool and Mountain Grove
are now using his Silver
Community Dollar.
Recently, when Deatherage
stopped by the local tire shop
for repairs, the owner told him
that he had received $100 in
Community Dollars towards a set
of tires from the local bar
owner. That man told him he
usually went out of town to
Wal-Mart, but decided to spend
his local currency closer to
home. The tire shop owner then
used the $100 at a Cabool
clothing store that he
sheepishly confessed he had
never visited before. This is
how a local community currency
grows in small town America -
one transaction at a time.
So who
uses the $80,000 in Community
Dollars that now circulate
around the central Ozark area?
"Just regular folks." Deatherage
says, "People use the money for
a wide variety of goods and
services. Around here, you can
get clothing and food. And the
bar and restaurants accept it,
too. You can get almost anything
you want or need with the silver
Community Dollars."
Deatherage's new Community
Dollar is available in four
convenient denominations in pure
.999 fine silver and a $2 copper
denomination. The silver issue
consists of a $50 piece that
weights one Troy ounce, the $20
weighs two-fifths of an ounce,
the $10 weighs one-fifth of an
ounce and the $5 weighs
one-tenth of an ounce. They all
feature an oak tree with "Faith
- Family - Freedom" on the
obverse.
So
who's making all the money - on
the new money? It's not
Deatherage, who is still
scrambling with all his
businesses, still gets up at 4
AM every morning and often works
well into the night as an
on-call plumber.
Deatherage explains that he is
dedicated to the currency
because it's good for the
community. And like the local
bank, he too wants to make some
money. But it hasn't happened
yet. In the beginning, he had to
cover all the startup costs for
the artwork, dies and, of
course, the silver to get the
venture off the ground. And now,
the merchants make most of the
money, since they get the
Community Dollars at a discount
off the face value and profit
when they use it. Like a
watchful father, Deatherage is
still happy to see his currency
grow, as it meets an expanding
need - while the US dollar
constantly loses its purchasing
power.
So in
addition to the government's
questionable raid on the Liberty
Dollar spurring interest, the
depreciating US dollar is
driving more people to seek
protection with a value based
monetary system that's in their
own self-interest. Deatherage
scratches his head as he wonders
how the country's monetary
structure could be so screwed
up.
With
silver on the rise - and a flyer
called the "Community Dollar
Newspaper" that features
articles, a free listing of all
the merchants who use the local
currency, plus advertising -
driving more merchants to
Deatherage, he doesn't have much
time to wonder. He's beset with
more requests for more silver
money. Even Quire's, an old
fashioned, fifth generation
general store over 70 miles from
Cabool, is one of Deatherage's
most devoted merchants. Many
people drive 50 miles just to
shop there and take home some
community currency that they use
in their own communities.
Deatherage always emphasizes the
advantages of a local value
based currency. But folks have a
wide variety of reasons for
using his new silver currency,
beyond the facts that it's
attractive and the silver
retains its purchasing power.
But it's the merchants that
drive the local use of the
currency as they get it at a
discount and encourage other
local businesses to protect
their customer base. All this
activity draws more customers,
as their business becomes better
known in the community. For
Deatherage the benefits are
simple, "The more people that
use the local community currency
- the better off the local
economy is." And adds, "The
better the money, the better off
the community will be."
As
Deatherage explains, "With only
20 or 30 merchants in a
community, the merchants are the
economy. Especially since most
businesses are family owned and
operated. So when a merchant
goes out of business, the
community declines. People then
have to work and spend their
money outside the community.
This problem is often compounded
by a loss of taxes and funding
from state and federal programs
for the once thriving community.
Still,
the people in the Ozarks have
their own down-home reasons for
using the silver community
currency. They are not concerned
about the bailouts or the
national debt. Their problems
are much more personal as they
strive to maintain in a down
economy. They simply see the
intrinsic value of silver as an
appreciating currency. They
cling to it as long as possible,
until they have to spend it.
There
is no doubt that everybody is
concerned about the economy and
especially the folks in and
around Cabool. Even the police
seem to understand the problems
in the local economy and have
not voiced any concerns about
the merchants who have banded
together and use their own
silver money - that circulates
outside the bank that is all but
closed.
Deatherage is quick to
acknowledge that there is no
quick fix and that the Community
Dollar is not a quick fix for
the local community. But he
says, "The Community Dollar is
helping everybody in the
community even if they don't use
the new money. Whatever helps
the merchants, helps the
community, as most businesses
are family enterprises."
Quick
fix or not, Joshua Deatherage
and his Community Dollar
exemplify the can-do American
spirit at work in the central
Missouri Ozarks. Certainly, gold
and silver based currencies have
a long history of providing a
safe harbor in times of trouble.
And with silver up nearly 50% in
the last year, it seems that
Deatherage is not the only one
who is aware of the rewards for
venturing beyond the house of
cards built on the US dollar.
IMPORTANT
NOTICE: Cabool
Community Dollar is not intended
to be used as United States
currency and any representation
as such is strictly prohibited
by law.
For
additional information on the
Cabool Community Dollar please
contact Joshua Deatherage:
417.948.1222 or
joshuadeatherage@yahoo.com
Please
circulate this article and post
it at will.
2. Liberty Dollar Graded by PCGS
Currency!
I must admit that when I heard
about this, I didn't believe it!
But there it was, right on eBay,
a $50 Liberty Dollar Silver
Certificate that had been "slabbed"
by
PCGS
Currency,
one of the foremost third party
grading services in the
numismatic industry! I was
pleasantly shocked and bemused
by this amazing development.
Then I realized that the $50
Certificate was never issued as
such by the LD org! Some quick
investigative work proved that
somebody had cut out the $50
Certificate from an uncut sheet
and had it "slabbed" by none
other than the PCGS Currency
grading service. I vowed to
contact PCGS ASAP to thank them
for grading the Certificate,
especially since it was given
one of the highest grades
possible. Plus, I wanted to
alert them that they had graded
a "TYPE II" as they may not even
be aware of the originally
issued, TYPE I.
Unfortunately, my crazy schedule
did not support any immediate
action. Very quickly, it was
time to rendezvous with friends
and associates at the huge FUN
(Florida United Numismatics)
Coin Show in Orlando, Florida
that luckily is within my
"permitted" travel area. So I
dashed off to the FUN show
without any further thought of
the certified $50 Silver
Certificate.
As I
entered the huge bourse area of
1000 plus dealers hot with an
exploding metal market, the very
first person I met was Beth
Deisher, the noted editor of
Coin World.
I could tell right then and
there, this was going to be a
good show! Suddenly, as I worked
my way around the floor, I was
shocked to see a dealer's table
full of certified $50 Liberty
Dollar paper certificates!!!
There they were! Sitting right
here. A dozen or more $50
Certificates, just like I had
seen and was recent a winner of
one on eBay! I looked up at the
smiling dealer who was most
happy to tell me that he had
them slabbed!
Quickly, I mentioned to him that
he must have cut them out of an
uncut sheet, signaling to alert
him that I might know something
about the currency. Sure enough,
he confirmed that was exactly
what he had done. And yes, he
was auctioning them on eBay too!
And just about the time I was
about to introduce myself, he
looked at me and said, "Hey,
your-the-man!" And with a wide
smile, I admitted, as I look
forward to doing in court
shortly, that I am indeed the
Monetary Architect of the
Liberty Dollar.
After a
brief introduction with paper
money dealer, Larry Emard, he
asked me if I would like to meet
the person who has the largest
collection "in the world" of
slabbed Liberty Dollar
certificates? How could I refuse
such an introduction? As we dash
across the bourse floor, I am
amazed at the quick turn of
events. All this was quickly
enhanced when I meet Jeff Smith
of
www.TreasuredStocks.com.
Jeff fit the image of
well-to-do, elderly numismatist
with a vast array of high end,
first class slabbed US currency.
Jeff proved to be extremely
interested in the Liberty Dollar
story and peppered me with lots
of questions for his upcoming
article on the Liberty Dollar
paper currency.
Then,
Jeff asks me if I would like to
meet the PCGS Currency grading
service that he knew quite well
as one of their prominent
clients. Again, how could I
refuse, especially since their
booth was only a few feet away?
Unfortunately, Jason Bradford
the president and owner of PCGS
Currency was not available so I
left my card and arranged for a
future meeting. The follow
morning, I had a very productive
meeting with Jason who also
wanted all the details of the
currency that he grades. Then I
had the good fortune to meet
Laura Kessler, vice president of
PCGS Currency, who was totally
on top of the Liberty Dollar
currency model. Laura proved to
be a big fan of Liberty Dollar
and the person who does much of
the grading. .
So in
the midst of just a few hours, I
met all the major players
involved with the amazing
development of professionally
graded and encapsulated (slabbed)
Liberty Dollar paper currency.
Obviously, more "certified"
proof that the Liberty Dollar
Four are out to counterfeit US
currency! Just ask the experts!
Now if
you have just a minute, please
visit Jeff's site at
www.TreasuredStocks.com
where you will see the $500 Gold
Certificate that I had given as
a personal gift for $2479.00
plus $17.95 shipping. Available
HERE,
if it has not been sold. Hope
you got one of these goodies, or
a $1000 Gold Certificate.
3. Second Wave of Real Estate
Collapse
OK, so the first wave of the
down turn in the real estate
market was bad. But no problem
as the government et al has
given away something like $1.3
TRILLION, nobody really knows
the exact figure because nobody
can really count that high, of
phony baloney fiat bullshit
dollars as they stole that same
amount from the American people.
No problem, everybody is happy!
Right? Wrong! Record number of
people are out of work.
Countless are overworked as they
make up for their former
co-workers. Millions of retired
people are without an income or
their invested money has
disappeared! And they will
continue to suffer, probably for
the rest of their lives! All
this so the F!@#$#@! banksters
can live well on the money the
government stole via inflation,
etc. OH! I forgot, we don't have
any inflation. How utterly
stupid of me, not to remember!
Gas is still a quarter, like it
was when I first started
driving.
How
utterly stupid of the f!@#$#@!
government not get it. You would
think with all "their" money and
all the think tanks, somebody
other than Peter Schiff would
get it. With such glaring
evidence, that even this Kansas
Kid gets it, one would think
that somebody in those ivory
towers would get it. And since
they don't, it makes one wonder…
do they NOT want to get it. The
obvious answer is YES!!! They
don't want to get it because
they don't want to admit that
their fiat money scheme is
nothing more that a MASSIVE
PONZI RIPOFF of every American.
Don't
let this happen to you. And
don't be deceived that the First
Wave is over and you can go back
asleep. IT IS NOT OVER!!! In
fact, it is just beginning.
Please do three things: 1)
Watch this
quick video.
2) Continue to buy silver. 3)
Tell everybody you love to buy
silver until the government's
monetary policy comes to its
senses and cents.
Please
click
HERE
for the Second Wave of Real
Estate Collapse. Good Luck!
And
click
HERE
to watch Peter Schiff who has
been lambasted by the Wall
Street, media and government BS
artists because time and again
his projections have been right
on target just like the Gun
Dollar.
4. Contact with the Secret
Service?
Have you even been contacted by
the Secret Service regarding the
Liberty Dollar? Maybe you were a
RCO or a Liberty Associate and
you contacted the Secret Service
regarding the legality of the
Liberty Dollar or that you asked
them for an opinion? Regardless
of what the occasion may have
been, if you have had any
contact with the Secret Service
regarding the Liberty Dollar,
PLEASE email the particulars to
me ASAP. Please send the time,
date, location, subject of
contact and most importantly the
name of the contact, to the best
of your abilities. Any other
info would also be greatly
appreciated and could be very
significant to the Liberty
Dollar case. Please take a
moment and reply to this URGENT
call for help. Please send info
to:
Editor@LibertyDollar.org.
Thank you.
5. Judge Rules Gold must be
Returned
On January 5, 2010, Texas
federal district Judge David C.
Godbey ruled that $21.2 million
in gold coins and bullion must
be returned to more than 200 of
R. Allen Stanford customers.
Currently Stanford is jailed and
accused by the Securities and
Exchange Commission of promising
inflated returns to about 28,000
investors holding certificates
of deposit on his Antiguan bank
as part of a $7 billion ponzi
scheme. Please click
HERE
for that article.
Yes, at
first this article appears good
news for the Liberty Dollar Four
and the thousands of Liberty
Dollar supporters whose property
was seized in the FBI raid.
Especially since the Judge rules
that gold must be returned to
its owners before the criminal
trial even gets underway. But
this action does not apply in
the Liberty Dollar case because
the DOJ has charged the Liberty
Dollar Four with counterfeiting,
so the DOJ has the law on its
side and does not have to return
anything until after the trial.
Now, don't you feel better
knowing you are protected from
such obvious counterfeiters like
the Liberty Dollar Four?! This
is such obvious bullshit that
rightfully angers everybody who
has taken a look at the Liberty
Dollar. Except the know-it-all
government that told us in the
60's, "Don't you understand? We
had to destroy the village so it
could be free." Remember,
regardless if the LD4 are
convicted or acquitted, all
property held by Liberty Dollar
supporters will be returned,
eventually. I apologize again
that you have been deprived of
your property. Please come to
the trial and let the court know
how you feel!
6. US Mint Set Record for Silver
Eagles
Please note, the one ounce US
Silver Eagle market is
exploding!
Sales
of 2007 Silver Eagles: 9,887,000
ounces
Sales of 2008 Silver Eagles:
19,583,500 ounces
Sales of 2009 Silver Eagles:
28,766,500 ounces
Sales of 2010 Silver Eagles:
Could be incredible!
And
remember people love to buy
silver when it is expensive. So
the higher the price of silver -
the more people buy more silver.
Only one of many reasons why I
have been soo bullish on silver
for 35 years. Now is the time
for silver! Hope you have some.
7. Update on Kevin
Thank you for your affidavit for
Kevin to get out of jail!
My
latest info on Kevin Innes is
that he is still in the Lenoir
jail. Still sitting in a 65
degree cell without shoes or
socks. You just gotta love this
guy who embodies the spirit of
optimism regardless of the
situation, even now. Thank God,
Kevin has a very strong inner
self and can focus within,
meditate and practice yoga.
We are
currently awaiting word from
Kevin's immigration attorney
regarding her efforts for ICE to
release Kevin from immigration
hold so he can apply for an
appearance bond and get out of
jail and join the Liberty Dollar
Four defendants.
Our
heart and prayers go out to
Kevin as we work to get him out
ASAP. Kevin still needs reading
material to fill the time, but
can only receive books directly
from a bookseller, so a file or
something "dangerous" can't be
slipped in the package! Kevin
has asked for spiritual or
inspirational books and
especially a (used) copy of
Atlas Shrugged from Amazon.com!
Don't know what to send? Just
order your favorite book online
and have it send directly to:
William
Kevin Innes
2351 Morganton Blvd. SW
Lenoir, NC. 28645
Kevin
can also receive Postal Money
Orders directly in his mail.
Please send a short letter to
Kevin and let him know you
support him with $10 or $20, as
he has to pay for toilet paper
and other basic niceties of life
in jail!!!
8. The Liberty Dollar Book
This brief article directing
people to post a review on the
book has been deleted by my CJA
attorney. Sorry.
9. Legal Update
I wish I had an update. To the
best of my knowledge, there has
been no action while we wait for
the DOJ to cough up the streamed
down version of the 1.8 million
docs of Discovery material. As
you may recall, the Liberty
Dollar was warned in 2006,
raided in 2007 and the Liberty
Dollar Four were finally
arrested on June 4, 2009. We are
now NINE MONTHS into this
"federal case" as a result of a
rogue FBI agent with no end in
sight. Currently, the trial is
now scheduled to start on March
1st, but without the Discovery
and no defense plan in place,
there is no way it can start on
March 1st. So please stay tuned,
I will let you know ASAP when
something happens. Until then,
steady as she goes. Support your
favorite currency, keep buying
silver and be happy.
Closing Remarks:
As the war of nerves wears on, I
feel very good about the legal
developments. I feel confident
that our defense team will
prevail and the Liberty Dollar
Four will be acquitted! I know
that the odds are against us as
the government wins over 98% of
all federal cases. But that is
because 90-95% of all defendants
cop a plea. But this time the
government MUST prove beyond a
shadow of a doubt that the
Liberty Dollar Four are guilty
and had criminal intent among
many other points of law. This
is just not going to happen and
the government is going to lose
this one!
Many
thanks for your continued
support. For it is only by
banding together and adopting a
free and independent currency
that provides us with "just
weights and measures" that will
we be able to throw off the yoke
of a manipulated monetary/tax
system and generate a peaceful
and prosperous society.
Thank
you again for all your efforts
to return America to value - one
dollar at a time!
Bernard
von NotHaus
Monetary Architect/Editor
Editor@LibertyDollar.org
www.LibertyDollar.org
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