Free Lakota Bank - Just when you thought it was over

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notorial dissent
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Free Lakota Bank - Just when you thought it was over

Post by notorial dissent »

Just when you think it can't get worse, and then this comes along.

The Free Lakota Bank is the latest in the let's see how many Federal laws we can violate at any one time.

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.
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Re: Free Lakota Bank - Just when you thought it was over

Post by . »

There's more. The "American Open Currency Standard" group is a loose association of these guys, NeoCoins, Dixie Dollar, Freedom Mint, Community Dollar, LibreCoins and, you just knew it was coming - Liberty Dollar.

One down, six to go.

The Lakota only have one casino. Perhaps they needed an additional source of income. Then again, whoever is behind the "Free Lakota Bank" may not be associated with or have the endorsement of the tribe, or, for that matter even be tribe members.
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Gregg
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Re: Free Lakota Bank - Just when you thought it was over

Post by Gregg »

It's likely one of those branches of a tribe that was formed in a fast food restaurant, their "chief" has a surname like O'Malley and they profess they are subject only to their own sovereign law and the law of Jesus and God (I always find the "Christian" Indian tribes amusing, because American Indians were not very often Christians)
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Dezcad
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Re: Free Lakota Bank - Just when you thought it was over

Post by Dezcad »

What a deal, here's the prices for their 1 ounce silver coin. What's silver selling for these days?
Number Of Pieces
USD per Pieces
1 - 5 Coins $ 40
6 - 10 Coins $ 35
11 - 20 Coins $ 30
21 - 50 Coins $ 25
51 - 100 Coins $ 18.5
101 - 500 Coins $ 16.5
500 - 1000 Coins $ 14.5
fortinbras
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Re: Free Lakota Bank - Just when you thought it was over

Post by fortinbras »

According to Monex, today's price for the US Mint's Silver Eagle (also 1 oz pure silver) is $14.75, considerably less than half the price of the Lakota "Fifty".

http://www.monex.com/liveprices

This Lakota Bank sound suspiciously like the (supposedly Apache-related) First Americans Bank, which also promised customers a secret stash to keep their assets out of sight of the IRS, ex-wives and creditors. The originators of that scam, two palefaces, were sent someplace where they'd get even paler.

U.S. v. Sparks
(10th Cir. 2001)
8 Fed.Appx 906:

http://ca10.washburnlaw.edu/cases/2001/05/99-6387.htm
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Re: Free Lakota Bank - Just when you thought it was over

Post by Prof »

From today's "Pirana Club" cartoon-- a hairstyle for the boys at Lakota Bank:



http://www.washingtonpost.com/wp-srv/ar ... me=Piranha
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