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Gold may be dangerous but it is innocent of all charges

By: Chris Powell, GATA


-- Posted Thursday, 9 March 2006 | Digg This ArticleDigg It!

9:32p ET Wednesday, March 8, 2006

Dear Friend of GATA and Gold:

Here's the latest anti-gold propaganda, a story from
the London Times reporting that child pornography
is increasingly being purchased by people using
electronic gold payment systems.

The manager of an Internet watch group says of the
use of e-gold systems by child porn buyers: "It is
not foolproof. But it does make it harder for us to
trace them. It is anonymising money."

Is it necessarily supportive of child abuse to question
a few premises here?

1) Cash is even more anonymous than electronic gold
payments -- completely anonymous. And cash is used
for illegal transactions a billion times more often than
e-gold is. So should cash be outlawed?

2) The primary facilitator of purchases of child
pornography is not e-gold systems but the Internet
itself. Should the Internet be outlawed?

3) How can "anonymising money" (to use the
British spelling again) be questioned in itself
without presuming that government has a right
to know about each citizen's every financial
transaction? The government has income taxes,
sales taxes, corporation taxes, excise taxes,
payroll taxes, and more, and each year
government claims an increasing share of the
wealth produced by the people. Is that not 
enough control? Is there really something wrong
with putting some part of the financial sphere
beyond the automatic surveillance of the
government?

Gold and silver are feared and hated by
governments precisely because they are the
guardians of individual liberty against the state
that aspires to omnipotence. Must that liberty
be surrendered just because some terrorists
hijacked some airplanes and crashed them
into some office buildings five years ago or
because some pervert purchased the evil work
of child abusers?

Of course those incidents are only pretexts. If
they didn't happen, government would concoct
other excuses to increase its power and curtail
liberty. Gold may be dangerous but it is innocent
of all charges.

CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.

* * *

Pedophiles 'trade gold' to hide identities

By Vik Iyer
The Times, London
Wednesday, March 8, 2006

http://www.timesonline.co.uk/article/0,,2-2076344,00.html
-- Posted Thursday, 9 March 2006 | Digg This Article




 



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