[Ask the Gulch] Minnesota Chapter 120-H.F.NO 157. Minnesota is the only state in the nation that has legislated regulation of bullion coin dealers which prohibits the citizens of MN from buying Gold and precious metals from other companies nationwide. Why?
Posted by SheilaBee 8 years, 2 months ago to Ask the Gulch
Your theory would invalidate every local or state law, or make them all federal laws...
restrictions which effectively prohibit the purchase of
an insurance policy from another State's business.
changing these restrictions may take a popular
uprising of spectacular proportions. -- j
.
To answer the "why," consider socialist Sweden and how that mindset relates to the word "regulation."
So there ya go.
So nyah!
Swedish vikings actually took control of all the Russian and whatever else rivers that ran down to the Mediterranean..
Ever see the 13th Warrior? That Muslim wrote Eaters Of The Dead after he got mixed up with what had to be very brave and heroic as all heck 12 Swedish vikings. I read it back in the 60s when it was called an autobiographical work..
Michael Crichton slapped the title, The 13th Warrior on it and passed it off as his own work during the 90s That Muslim character in the movie was still telling that story from his own perspective.
I bought that Crichton book too before the movie came out. And I was saying, "Hey, I read this before a long while back."
So I know what I'm nyah nyah nyah talking about. Guess there ain't no copyright protection for something medieval.
Er, whoa. No, I won't. Don't like that part beyond wenching.
Hopefully, this half Swede descendant of a turn of the 20th Century immigrant (along with an Irish quarter genetically gifted to me by my mom's mama) won't get wenched in the good ole' USA.
After all, one and a half sets of my grandparents came here to avoid getting wenched in the Old World.
On me mums side they were Norman English out of Normandy with the 1066 invasion out of Norway on the one side. Norwegian English out of the long ships but that side goes back to pre 1000. A bit of this and a bit of that i'm sure with some Saxon and Celt One odd bit of the family tree comes from Ukraine with a mix of Swedes and descendants of the Horde but it's a slender strand.
Like most from Europe there is a great deal of mix....and as my sister pointed out most of us are descended from some form of royalty as ...they got the food and the medicine and the peasants fought on the ground with little armor.
But for ufta purposes I do the Son of Norway bit. Drives the swedes half crazy but then they are closer to the Finnish Line...
The Scandanavians to be all inclusive did spread a bit of blonde and red haired pollen around the continent. Ireland a good example who hosted another influence from those who survived the sinking of the Armada thus Blonde/Red hair Irish with freckles and the Black Irish....with Mediterranean genes.
Easier that way ..... so the proper word would be Mongrel-American not Mongol. As for diversity? I'm North American....and that's enough for me.
His ancestors were the French Canadians that the Brits kicked out of Arcadia. Many followed the Mississippi to become Cajuns.
My grandfather's ancestors headed to the northeast. Go east, young ousted Frenchie!
Grandpa was a postmaster in New Jersey and lived with Irish Grandma in an apartment above a downtown liquor store.
When visiting as a Massachusetts born Alabama kid, I liked to go higher up a hallway of stairs and look around town from a flat topped roof.
Geese at a nearby reservoir were terrifying for territorial.
The restraint of interstate trade 240 years old along as listed in both Article 1 and 4.
The money as free speech rule.
However I don't expect it to be overturned on those points but rather an ACLU filing will cause the law to be applied to all states as wad done with Same Sex.
Opponents don't really care either way. Hot Air does not accomplish desired effect.
HOWEVER the price of oil is of interest. You might remember the reason for supporting the drop in pump prices by the feds. My prediction came true. So government could raise taxes on the 'found money' and 'fair share' principles.
Ten Dollar tax per barrel proposed by Obeyme meaning if congress doesn't pass it I'll dictate it.
Have a nice day.
https://www.galtsgulchonline.com/post...
Moreover, serious lobbying has been fighting this since it was proposed three years ago, to no avail.
There was no special intent or hidden agenda. They just regulate things. It's what they do. However, the strong conservative, libertarian, and objectivish currents within numismatics carried forward a massive resistance. If you read my article there, you will see that many firms simply refuse to sell to anyone from Minnesota. Even if a Minnesotan travels out of state, some dealers will not sell to them, so as not to be subject to the law. It is a producers' strike, really.
However, as is often the case, a couple of very large and important numismatic firms are in Minnesota, including the one owned by Gary Adkins, a longtime ANA stalwart member and board governor. He registered. Other firms did as well.
You make your choices.
This can be defeated by complying with it, completely and consistently. Minnesota will contract in precious metals sales while states such as Michigan (among others) that do not impede commerce in this product will prosper from increases in trade and commerce.
Have you read Atlas Shrugged (as opposed to only having seen the movies)?
Why do you call them unrealities? You're saying it is legal to sell to MN residents, but some dealers choose not to b/c of MN's onerous regulations. IANAL, but it just seems like a MN resident travelling to another state should not be affected by MN law in a way that restricts commerce. I can see the other side, though, that MN law could apply to its residents outside the state, causing some not to do trades with them.
https://www.revisor.mn.gov/laws/?year...
It requires that dealers post a surety bond, among other things. The burden is on sellers, not buyers; and on retail sellers, not wholesale, etc., etc.
The point is that this is a producers' strike. The sellers are fighting the law by complying with it completely and fully.
The Gulch software posts it as an abbreviated URL, but if right-click you can copy the entire link verbatim. If I repost it, it will just appear "truncated" to you.
https://www.revisor.mn.gov/laws/?year...
Try putting this back into one line
https://www.revisor.mn.gov/laws/
?year=2013
&type=0
&doctype=Chapter
&id=120
&format=pdf
FDR confiscated all gold in the 30's just before he devalued the dollar, therefore extracting a great deal of saved wealth from the citizens.
In the Gulch here:
https://www.galtsgulchonline.com/post...
Criminal penalties for violation of executive order $10,000 fine or 10 years imprisonment, or both, as provided in section 9 of this order"
This came from the actual order on that date. Check it out. It was very disturbing, but exactly the thing our government will do when the dollar gets devalued here.
So what was the purpose. I smell some secular progressive, ACLU chicanery sniff sniff and that means Soros is involved.
As for why you did not know about it... Well, in Hitchhiker's Guide the Galaxy Arthur Dent was dismayed to find a bulldozer outside his home -- but it had been a City Council agenda item for two years. He just never went to council meetings.
As I said above, the numismatic community knew about it from the first, and could not stop it. That community includes the Industry Group for Tangible Assets (ICTA). They could not stop it, either.
I want to know what the process would be to get this legislation repealed.
Thank you fellow Minnesotan, let me know if you have any ideas how to get this legislation repealed.
Thanks for coming aboard, anyone else?
https://ballotpedia.org/Laws_governin...
Please let me know what you find out and I will let you know what progress I make. Let me know if I can provide any assistance, I'm thrilled to hear you think others are against this!
This is the running of the red light at 3 am with no other cars around. I can tell you I have no problem looking carefully for other cars, including cop cars, and then going through it. Government cant be everywhere to enforce every law they lay down (at least not yet anyway)
https://www.revisor.mn.gov/laws/?year...
The burdens are on the sellers, not the buyers. They must register, pay fees, and pay a surety bond to the state.
Moreover, as I pointed out in another discussion, the law also applies, for example, to the rate "silver center cents" of the early Federal republic. Only 12 of these rare pattern coins are known. They contain about 6 cents of silver today, and sell for about half a million dollars to any collector who wants one.
http://coins.ha.com/itm/patterns/1792...
not a speck of egoism in the bunch we should be recruiting them in advance and making them feel more and more legally welcome but no we gotta iimport terrorists instead to help out the Socialists.
A for Minnesota they elected a Libertarian and a Secular Progressive. Gave us two Polar opposites. Go figure.
I don't think so.
I'm thinking more of a cartoon character, maybe Bugs Bunny, Their voters seem a lot to be very similar to Elmer Fudd
Greatest of the Glitter bands.
Freddie M. One hell of a talented Arab.