posted on Apr, 5 2013 @ 09:46 PM
Nope.. Not going there.... It's not a HOAX but it sure isn't quite the way it's being presented either. Not for that purpose, not with that intent.
It took me 7 PAGES of google to get out of our own ATS hits, BIN, Infowars and personal blog sites. I'm wondering if this spin started with BIN?
(lol.. didn't even mean the rhyme). After 7 pages. I DID find a solid NON Conspiracy and NON Bash the admin and anything even remotely connected by
Obama has well earned getting his likeness on one of those inflatable punching bags with the weight in the bottom where they pop back up for more...
Fun for the whole family, indeed.. but only on what is legit and you can't miss the implication of it mattering just a hair more by being Illinois
I don't mean to sound harsh...but I rather hate getting made fun of (see quotes) and on this? It's kinda deserved now that we join the pages of
..questionable sources for this one.
Original Source For Info
Synopsis As Introduced
Creates the Precious Metal Purchasing Act. Provides that a person who is in the business of purchasing precious metal shall obtain a proof of
ownership, create a record of the sale, and verify the identity of the seller. Provides that a person who is in the business of purchasing precious
metal shall not pay for the precious metal in cash and shall record the method of payment. Requires the purchaser to keep a record of the sale for one
year or, if the purchase amount is over $500, for 5 years. Provides that a person who violates the Act is guilty of a petty offense and subject to a
fine not exceeding $500. Provides that the Attorney General may inspect records, investigate an alleged violation, and take action to collect civil
Senate Committee Amendment No. 1
Authorizes inspection of records by local police departments. Requires reports to law enforcement on a daily basis. Exempts persons licensed under the
Pawnbroker Regulation Act.
Now here is the other source reporting it and explaining a tad overall. WND has
been a source I've considered leaning pretty hard, but reliable
over all. This makes me kinda wonder. That's spinning like a top.
Illinois’s bill went largely unnoticed, but since CNBC’s Rick Santelli had a brief segment on SB3341 last week, it has garnered the attention
of finance publications, goldbugs and anti-government websites.
Since Santelli’s report, there have been many conspiracy theories. Whether or not they’re justified, the United States federal government has
confiscated gold before and completely abandoned it to through executive
At least this time ATS didn't get mentioned by name...but then, this just posted here. The night's young.
This is the direct link to the full text. I just read it. Others may care to as well. It's only a few pages and says that is the full and complete
bill. (Why can't congress be so succinct when it's a simple matter? They'd have made it 50).
Text of Illinois SB3341
It doesn't have anything to do with private citizens, selling to each other or even people buying from a business. Only selling to a business. What
this essentially did is make Precious metals one migraine headache for thieves and burglars. With so many people now buying this in legitimate
concerns? I don't necessarily fault anything about it ...save for a basic question of whether the State should be getting involved at all. I didn't
get to looking because good stats will take real time I imagine, but I'm thinking they might have had some upticks in gold/silver being targeted.
You already DO have to do this when selling Copper and Aluminum to recyclers in many places and for the same reason. Even Iron...since some idiots
started stealing manhole covers. (I used to deliver those occasionally..I couldn't imagine stealing one??),
edit on 5-4-2013 by Wrabbit2000
because: Missed 2nd source.. Sorry